id	sid	tid	token	lemma	pos
ejge-8925	1	1	european	european	PROPN
ejge-8925	1	2	journal	journal	PROPN
ejge-8925	1	3	of	of	ADP
ejge-8925	1	4	government	government	NOUN
ejge-8925	1	5	and	and	CCONJ
ejge-8925	1	6	economics	economic	NOUN
ejge-8925	1	7	11(2	11(2	NUM
ejge-8925	1	8	)	)	PUNCT
ejge-8925	1	9	,	,	PUNCT
ejge-8925	1	10	december	december	PROPN
ejge-8925	1	11	2022	2022	NUM
ejge-8925	1	12	,	,	PUNCT
ejge-8925	1	13	141	141	NUM
ejge-8925	1	14	-	-	SYM
ejge-8925	1	15	166	166	NUM
ejge-8925	1	16	this	this	DET
ejge-8925	1	17	work	work	NOUN
ejge-8925	1	18	is	be	AUX
ejge-8925	1	19	licensed	license	VERB
ejge-8925	1	20	under	under	ADP
ejge-8925	1	21	a	a	DET
ejge-8925	1	22	creative	creative	ADJ
ejge-8925	1	23	commons	common	NOUN
ejge-8925	1	24	attribution	attribution	NOUN
ejge-8925	1	25	-	-	PUNCT
ejge-8925	1	26	noncommercial	noncommercial	ADJ
ejge-8925	1	27	4.0	4.0	NUM
ejge-8925	1	28	international	international	ADJ
ejge-8925	1	29	license	license	NOUN
ejge-8925	1	30	.	.	PUNCT
ejge-8925	2	1	european	european	ADJ
ejge-8925	2	2	journal	journal	PROPN
ejge-8925	2	3	of	of	ADP
ejge-8925	2	4	government	government	NOUN
ejge-8925	2	5	and	and	CCONJ
ejge-8925	2	6	economics	economic	NOUN
ejge-8925	2	7	issn	issn	PROPN
ejge-8925	2	8	:	:	PUNCT
ejge-8925	2	9	2254	2254	NUM
ejge-8925	2	10	-	-	SYM
ejge-8925	2	11	7088	7088	NUM
ejge-8925	2	12	determinants	determinant	NOUN
ejge-8925	2	13	of	of	ADP
ejge-8925	2	14	bilateral	bilateral	ADJ
ejge-8925	2	15	current	current	ADJ
ejge-8925	2	16	account	account	NOUN
ejge-8925	2	17	balance	balance	NOUN
ejge-8925	2	18	between	between	ADP
ejge-8925	2	19	the	the	DET
ejge-8925	2	20	eurozone	eurozone	NOUN
ejge-8925	2	21	and	and	CCONJ
ejge-8925	2	22	the	the	DET
ejge-8925	2	23	united	united	PROPN
ejge-8925	2	24	states	states	PROPN
ejge-8925	2	25	gerassimos	gerassimos	PROPN
ejge-8925	2	26	bertsatos	bertsatos	PROPN
ejge-8925	2	27	a	a	PRON
ejge-8925	2	28	,	,	PUNCT
ejge-8925	2	29	*	*	PUNCT
ejge-8925	2	30	a	a	DET
ejge-8925	2	31	university	university	NOUN
ejge-8925	2	32	of	of	ADP
ejge-8925	2	33	western	western	ADJ
ejge-8925	2	34	macedonia	macedonia	PROPN
ejge-8925	2	35	,	,	PUNCT
ejge-8925	2	36	laboratory	laboratory	NOUN
ejge-8925	2	37	of	of	ADP
ejge-8925	2	38	applied	apply	VERB
ejge-8925	2	39	economics	economic	NOUN
ejge-8925	2	40	,	,	PUNCT
ejge-8925	2	41	department	department	NOUN
ejge-8925	2	42	of	of	ADP
ejge-8925	2	43	economics	economic	NOUN
ejge-8925	2	44	.	.	PUNCT
ejge-8925	3	1	kastoria	kastoria	PROPN
ejge-8925	3	2	campus	campus	PROPN
ejge-8925	3	3	,	,	PUNCT
ejge-8925	3	4	fourka	fourka	NOUN
ejge-8925	3	5	area	area	NOUN
ejge-8925	3	6	52100	52100	NUM
ejge-8925	3	7	,	,	PUNCT
ejge-8925	3	8	kastoria	kastoria	PROPN
ejge-8925	3	9	–	–	PUNCT
ejge-8925	3	10	greece	greece	PROPN
ejge-8925	3	11	.	.	PUNCT
ejge-8925	4	1	*	*	PUNCT
ejge-8925	4	2	corresponding	correspond	VERB
ejge-8925	4	3	author	author	NOUN
ejge-8925	4	4	at	at	ADP
ejge-8925	4	5	:	:	PUNCT
ejge-8925	4	6	decon00001@uowm.gr	decon00001@uowm.gr	NOUN
ejge-8925	4	7	abstract	abstract	NOUN
ejge-8925	4	8	.	.	PUNCT
ejge-8925	5	1	longand	longand	NOUN
ejge-8925	5	2	short	short	ADV
ejge-8925	5	3	-	-	PUNCT
ejge-8925	5	4	run	run	VERB
ejge-8925	5	5	current	current	ADJ
ejge-8925	5	6	account	account	NOUN
ejge-8925	5	7	balance	balance	NOUN
ejge-8925	5	8	(	(	PUNCT
ejge-8925	5	9	cab	cab	NOUN
ejge-8925	5	10	)	)	PUNCT
ejge-8925	5	11	determinants	determinant	NOUN
ejge-8925	5	12	of	of	ADP
ejge-8925	5	13	the	the	DET
ejge-8925	5	14	nineteen	nineteen	NUM
ejge-8925	5	15	eurozone	eurozone	NOUN
ejge-8925	5	16	(	(	PUNCT
ejge-8925	5	17	ez	ez	NOUN
ejge-8925	5	18	)	)	PUNCT
ejge-8925	5	19	member	member	NOUN
ejge-8925	5	20	states	state	NOUN
ejge-8925	5	21	vis	vis	X
ejge-8925	5	22	-	-	PUNCT
ejge-8925	5	23	a	a	X
ejge-8925	5	24	-	-	PUNCT
ejge-8925	5	25	vis	vis	X
ejge-8925	5	26	the	the	DET
ejge-8925	5	27	united	united	PROPN
ejge-8925	5	28	states	states	PROPN
ejge-8925	5	29	(	(	PUNCT
ejge-8925	5	30	us	we	PRON
ejge-8925	5	31	)	)	PUNCT
ejge-8925	5	32	are	be	AUX
ejge-8925	5	33	examined	examine	VERB
ejge-8925	5	34	.	.	PUNCT
ejge-8925	6	1	particularly	particularly	ADV
ejge-8925	6	2	,	,	PUNCT
ejge-8925	6	3	the	the	DET
ejge-8925	6	4	competitiveness	competitiveness	NOUN
ejge-8925	6	5	of	of	ADP
ejge-8925	6	6	the	the	DET
ejge-8925	6	7	ez	ez	PROPN
ejge-8925	6	8	vs	vs	ADP
ejge-8925	6	9	the	the	DET
ejge-8925	6	10	us	us	PROPN
ejge-8925	6	11	,	,	PUNCT
ejge-8925	6	12	the	the	DET
ejge-8925	6	13	relationship	relationship	NOUN
ejge-8925	6	14	between	between	ADP
ejge-8925	6	15	the	the	DET
ejge-8925	6	16	current	current	ADJ
ejge-8925	6	17	account	account	NOUN
ejge-8925	6	18	deficit	deficit	NOUN
ejge-8925	6	19	and	and	CCONJ
ejge-8925	6	20	the	the	DET
ejge-8925	6	21	budget	budget	NOUN
ejge-8925	6	22	deficit	deficit	NOUN
ejge-8925	6	23	(	(	PUNCT
ejge-8925	6	24	twin	twin	ADJ
ejge-8925	6	25	deficit	deficit	NOUN
ejge-8925	6	26	)	)	PUNCT
ejge-8925	6	27	,	,	PUNCT
ejge-8925	6	28	and	and	CCONJ
ejge-8925	6	29	other	other	ADJ
ejge-8925	6	30	factors	factor	NOUN
ejge-8925	6	31	determining	determine	VERB
ejge-8925	6	32	the	the	DET
ejge-8925	6	33	current	current	ADJ
ejge-8925	6	34	account	account	NOUN
ejge-8925	6	35	balance	balance	NOUN
ejge-8925	6	36	are	be	AUX
ejge-8925	6	37	studied	study	VERB
ejge-8925	6	38	.	.	PUNCT
ejge-8925	7	1	quarterly	quarterly	ADJ
ejge-8925	7	2	data	datum	NOUN
ejge-8925	7	3	was	be	AUX
ejge-8925	7	4	used	use	VERB
ejge-8925	7	5	in	in	ADP
ejge-8925	7	6	a	a	DET
ejge-8925	7	7	sample	sample	NOUN
ejge-8925	7	8	of	of	ADP
ejge-8925	7	9	the	the	DET
ejge-8925	7	10	nineteen	nineteen	NUM
ejge-8925	7	11	ez	ez	PROPN
ejge-8925	7	12	member	member	NOUN
ejge-8925	7	13	states	state	NOUN
ejge-8925	7	14	with	with	ADP
ejge-8925	7	15	the	the	DET
ejge-8925	7	16	us	us	PROPN
ejge-8925	7	17	as	as	ADP
ejge-8925	7	18	a	a	DET
ejge-8925	7	19	trading	trading	NOUN
ejge-8925	7	20	partner	partner	NOUN
ejge-8925	7	21	over	over	ADP
ejge-8925	7	22	the	the	DET
ejge-8925	7	23	period	period	NOUN
ejge-8925	7	24	2008	2008	NUM
ejge-8925	7	25	2018	2018	NUM
ejge-8925	7	26	.	.	PUNCT
ejge-8925	8	1	it	it	PRON
ejge-8925	8	2	is	be	AUX
ejge-8925	8	3	found	find	VERB
ejge-8925	8	4	that	that	SCONJ
ejge-8925	8	5	the	the	DET
ejge-8925	8	6	cab	cab	NOUN
ejge-8925	8	7	in	in	ADP
ejge-8925	8	8	the	the	DET
ejge-8925	8	9	long	long	ADJ
ejge-8925	8	10	run	run	NOUN
ejge-8925	8	11	has	have	VERB
ejge-8925	8	12	a	a	DET
ejge-8925	8	13	positive	positive	ADJ
ejge-8925	8	14	relationship	relationship	NOUN
ejge-8925	8	15	with	with	ADP
ejge-8925	8	16	the	the	DET
ejge-8925	8	17	real	real	ADJ
ejge-8925	8	18	interest	interest	NOUN
ejge-8925	8	19	rate	rate	NOUN
ejge-8925	8	20	,	,	PUNCT
ejge-8925	8	21	real	real	ADJ
ejge-8925	8	22	exchange	exchange	NOUN
ejge-8925	8	23	rate	rate	NOUN
ejge-8925	8	24	,	,	PUNCT
ejge-8925	8	25	gross	gross	ADJ
ejge-8925	8	26	domestic	domestic	ADJ
ejge-8925	8	27	product	product	NOUN
ejge-8925	8	28	(	(	PUNCT
ejge-8925	8	29	gdp	gdp	NOUN
ejge-8925	8	30	)	)	PUNCT
ejge-8925	8	31	per	per	ADP
ejge-8925	8	32	capita	capita	NOUN
ejge-8925	8	33	,	,	PUNCT
ejge-8925	8	34	and	and	CCONJ
ejge-8925	8	35	exchange	exchange	NOUN
ejge-8925	8	36	rate	rate	NOUN
ejge-8925	8	37	volatility	volatility	NOUN
ejge-8925	8	38	,	,	PUNCT
ejge-8925	8	39	but	but	CCONJ
ejge-8925	8	40	a	a	DET
ejge-8925	8	41	negative	negative	ADJ
ejge-8925	8	42	relationship	relationship	NOUN
ejge-8925	8	43	with	with	ADP
ejge-8925	8	44	the	the	DET
ejge-8925	8	45	fiscal	fiscal	ADJ
ejge-8925	8	46	balance	balance	NOUN
ejge-8925	8	47	.	.	PUNCT
ejge-8925	9	1	in	in	ADP
ejge-8925	9	2	the	the	DET
ejge-8925	9	3	short	short	ADJ
ejge-8925	9	4	run	run	NOUN
ejge-8925	9	5	,	,	PUNCT
ejge-8925	9	6	it	it	PRON
ejge-8925	9	7	is	be	AUX
ejge-8925	9	8	notable	notable	ADJ
ejge-8925	9	9	that	that	SCONJ
ejge-8925	9	10	only	only	ADV
ejge-8925	9	11	the	the	DET
ejge-8925	9	12	real	real	ADJ
ejge-8925	9	13	exchange	exchange	NOUN
ejge-8925	9	14	rate	rate	NOUN
ejge-8925	9	15	affects	affect	VERB
ejge-8925	9	16	the	the	DET
ejge-8925	9	17	current	current	ADJ
ejge-8925	9	18	account	account	NOUN
ejge-8925	9	19	balance	balance	NOUN
ejge-8925	9	20	.	.	PUNCT
ejge-8925	10	1	finally	finally	ADV
ejge-8925	10	2	,	,	PUNCT
ejge-8925	10	3	policy	policy	NOUN
ejge-8925	10	4	implications	implication	NOUN
ejge-8925	10	5	are	be	AUX
ejge-8925	10	6	discussed	discuss	VERB
ejge-8925	10	7	regarding	regard	VERB
ejge-8925	10	8	the	the	DET
ejge-8925	10	9	determinants	determinant	NOUN
ejge-8925	10	10	of	of	ADP
ejge-8925	10	11	the	the	DET
ejge-8925	10	12	current	current	ADJ
ejge-8925	10	13	account	account	NOUN
ejge-8925	10	14	.	.	PUNCT
ejge-8925	11	1	keywords	keyword	NOUN
ejge-8925	11	2	.	.	PUNCT
ejge-8925	12	1	current	current	ADJ
ejge-8925	12	2	account	account	NOUN
ejge-8925	12	3	determinants	determinant	NOUN
ejge-8925	12	4	,	,	PUNCT
ejge-8925	12	5	economic	economic	ADJ
ejge-8925	12	6	policy	policy	NOUN
ejge-8925	12	7	,	,	PUNCT
ejge-8925	12	8	pmg	pmg	PROPN
ejge-8925	12	9	method	method	PROPN
ejge-8925	12	10	,	,	PUNCT
ejge-8925	12	11	eurozone	eurozone	NOUN
ejge-8925	12	12	,	,	PUNCT
ejge-8925	12	13	usa	usa	PROPN
ejge-8925	12	14	jel	jel	PROPN
ejge-8925	12	15	codes	code	NOUN
ejge-8925	12	16	.	.	PUNCT
ejge-8925	13	1	f30	f30	NOUN
ejge-8925	13	2	,	,	PUNCT
ejge-8925	13	3	f32	f32	NOUN
ejge-8925	13	4	,	,	PUNCT
ejge-8925	13	5	f40	f40	NOUN
ejge-8925	13	6	,	,	PUNCT
ejge-8925	13	7	f41	f41	NOUN
ejge-8925	13	8	doi	doi	NOUN
ejge-8925	13	9	.	.	PUNCT
ejge-8925	13	10	https://doi.org/10.17979/ejge.2022.11.2.8925	https://doi.org/10.17979/ejge.2022.11.2.8925	NUM
ejge-8925	13	11	1	1	NUM
ejge-8925	13	12	.	.	PUNCT
ejge-8925	13	13	introduction	introduction	NOUN
ejge-8925	13	14	recognizing	recognize	VERB
ejge-8925	13	15	the	the	DET
ejge-8925	13	16	current	current	ADJ
ejge-8925	13	17	account	account	NOUN
ejge-8925	13	18	determinants	determinant	NOUN
ejge-8925	13	19	is	be	AUX
ejge-8925	13	20	a	a	DET
ejge-8925	13	21	matter	matter	NOUN
ejge-8925	13	22	of	of	ADP
ejge-8925	13	23	great	great	ADJ
ejge-8925	13	24	significance	significance	NOUN
ejge-8925	13	25	in	in	ADP
ejge-8925	13	26	exercising	exercise	VERB
ejge-8925	13	27	economic	economic	ADJ
ejge-8925	13	28	policy	policy	NOUN
ejge-8925	13	29	,	,	PUNCT
ejge-8925	13	30	as	as	SCONJ
ejge-8925	13	31	marked	mark	VERB
ejge-8925	13	32	by	by	ADP
ejge-8925	13	33	a	a	DET
ejge-8925	13	34	plethora	plethora	NOUN
ejge-8925	13	35	of	of	ADP
ejge-8925	13	36	papers	paper	NOUN
ejge-8925	13	37	in	in	ADP
ejge-8925	13	38	the	the	DET
ejge-8925	13	39	relevant	relevant	ADJ
ejge-8925	13	40	literature	literature	NOUN
ejge-8925	13	41	.	.	PUNCT
ejge-8925	14	1	this	this	DET
ejge-8925	14	2	work	work	NOUN
ejge-8925	14	3	examines	examine	VERB
ejge-8925	14	4	the	the	DET
ejge-8925	14	5	current	current	ADJ
ejge-8925	14	6	account	account	NOUN
ejge-8925	14	7	determinants	determinant	NOUN
ejge-8925	14	8	in	in	ADP
ejge-8925	14	9	the	the	DET
ejge-8925	14	10	bilateral	bilateral	ADJ
ejge-8925	14	11	trade	trade	NOUN
ejge-8925	14	12	relations	relation	NOUN
ejge-8925	14	13	between	between	ADP
ejge-8925	14	14	the	the	DET
ejge-8925	14	15	eurozone	eurozone	PROPN
ejge-8925	14	16	(	(	PUNCT
ejge-8925	14	17	ez	ez	NOUN
ejge-8925	14	18	)	)	PUNCT
ejge-8925	14	19	countries	country	NOUN
ejge-8925	14	20	and	and	CCONJ
ejge-8925	14	21	the	the	DET
ejge-8925	14	22	united	united	PROPN
ejge-8925	14	23	states	states	PROPN
ejge-8925	14	24	(	(	PUNCT
ejge-8925	14	25	us	us	PROPN
ejge-8925	14	26	)	)	PUNCT
ejge-8925	14	27	.	.	PUNCT
ejge-8925	15	1	the	the	DET
ejge-8925	15	2	economic	economic	ADJ
ejge-8925	15	3	/	/	SYM
ejge-8925	15	4	trading	trading	NOUN
ejge-8925	15	5	relationship	relationship	NOUN
ejge-8925	15	6	between	between	ADP
ejge-8925	15	7	the	the	DET
ejge-8925	15	8	us	us	PROPN
ejge-8925	15	9	and	and	CCONJ
ejge-8925	15	10	the	the	DET
ejge-8925	15	11	ez	ez	PROPN
ejge-8925	15	12	in	in	ADP
ejge-8925	15	13	terms	term	NOUN
ejge-8925	15	14	of	of	ADP
ejge-8925	15	15	trade	trade	NOUN
ejge-8925	15	16	volume	volume	NOUN
ejge-8925	15	17	is	be	AUX
ejge-8925	15	18	the	the	DET
ejge-8925	15	19	greatest	great	ADJ
ejge-8925	15	20	in	in	ADP
ejge-8925	15	21	the	the	DET
ejge-8925	15	22	world	world	NOUN
ejge-8925	15	23	and	and	CCONJ
ejge-8925	15	24	has	have	AUX
ejge-8925	15	25	grown	grow	VERB
ejge-8925	15	26	more	more	ADV
ejge-8925	15	27	complicated	complicated	ADJ
ejge-8925	15	28	over	over	ADP
ejge-8925	15	29	the	the	DET
ejge-8925	15	30	years	year	NOUN
ejge-8925	15	31	,	,	PUNCT
ejge-8925	15	32	encompassing	encompass	VERB
ejge-8925	15	33	an	an	DET
ejge-8925	15	34	expanding	expand	VERB
ejge-8925	15	35	quantity	quantity	NOUN
ejge-8925	15	36	and	and	CCONJ
ejge-8925	15	37	variety	variety	NOUN
ejge-8925	15	38	of	of	ADP
ejge-8925	15	39	trade	trade	NOUN
ejge-8925	15	40	and	and	CCONJ
ejge-8925	15	41	financial	financial	ADJ
ejge-8925	15	42	operations	operation	NOUN
ejge-8925	15	43	that	that	PRON
ejge-8925	15	44	weave	weave	VERB
ejge-8925	15	45	the	the	DET
ejge-8925	15	46	economies	economy	NOUN
ejge-8925	15	47	into	into	ADP
ejge-8925	15	48	an	an	DET
ejge-8925	15	49	increasingly	increasingly	ADV
ejge-8925	15	50	interdependent	interdependent	ADJ
ejge-8925	15	51	partnership	partnership	NOUN
ejge-8925	15	52	.	.	PUNCT
ejge-8925	16	1	the	the	DET
ejge-8925	16	2	ez	ez	PROPN
ejge-8925	16	3	-	-	PROPN
ejge-8925	16	4	us	us	PROPN
ejge-8925	16	5	trade	trade	NOUN
ejge-8925	16	6	relations	relation	NOUN
ejge-8925	16	7	are	be	AUX
ejge-8925	16	8	affecting	affect	VERB
ejge-8925	16	9	the	the	DET
ejge-8925	16	10	gross	gross	ADJ
ejge-8925	16	11	domestic	domestic	ADJ
ejge-8925	16	12	product	product	NOUN
ejge-8925	16	13	(	(	PUNCT
ejge-8925	16	14	gdp	gdp	NOUN
ejge-8925	16	15	)	)	PUNCT
ejge-8925	16	16	of	of	ADP
ejge-8925	16	17	both	both	CCONJ
ejge-8925	16	18	the	the	DET
ejge-8925	16	19	us	us	PROPN
ejge-8925	16	20	and	and	CCONJ
ejge-8925	16	21	the	the	DET
ejge-8925	16	22	ez	ez	ADJ
ejge-8925	16	23	economies	economy	NOUN
ejge-8925	16	24	and	and	CCONJ
ejge-8925	16	25	,	,	PUNCT
ejge-8925	16	26	therefore	therefore	ADV
ejge-8925	16	27	,	,	PUNCT
ejge-8925	16	28	are	be	AUX
ejge-8925	16	29	in	in	ADP
ejge-8925	16	30	the	the	DET
ejge-8925	16	31	spotlight	spotlight	NOUN
ejge-8925	16	32	of	of	ADP
ejge-8925	16	33	policymakers	policymaker	NOUN
ejge-8925	16	34	on	on	ADP
ejge-8925	16	35	both	both	DET
ejge-8925	16	36	sides	side	NOUN
ejge-8925	16	37	.	.	PUNCT
ejge-8925	17	1	apart	apart	ADV
ejge-8925	17	2	from	from	ADP
ejge-8925	17	3	the	the	DET
ejge-8925	17	4	bilateral	bilateral	ADJ
ejge-8925	17	5	trade	trade	NOUN
ejge-8925	17	6	relations	relation	NOUN
ejge-8925	17	7	,	,	PUNCT
ejge-8925	17	8	the	the	DET
ejge-8925	17	9	ez	ez	PROPN
ejge-8925	17	10	member	member	NOUN
ejge-8925	17	11	states	state	NOUN
ejge-8925	17	12	and	and	CCONJ
ejge-8925	17	13	the	the	DET
ejge-8925	17	14	us	us	PROPN
ejge-8925	17	15	are	be	AUX
ejge-8925	17	16	leading	lead	VERB
ejge-8925	17	17	members	member	NOUN
ejge-8925	17	18	of	of	ADP
ejge-8925	17	19	the	the	DET
ejge-8925	17	20	world	world	NOUN
ejge-8925	17	21	trade	trade	NOUN
ejge-8925	17	22	organization	organization	NOUN
ejge-8925	17	23	(	(	PUNCT
ejge-8925	17	24	wto	wto	PROPN
ejge-8925	17	25	)	)	PUNCT
ejge-8925	17	26	,	,	PUNCT
ejge-8925	17	27	the	the	DET
ejge-8925	17	28	international	international	ADJ
ejge-8925	17	29	monetary	monetary	ADJ
ejge-8925	17	30	fund	fund	NOUN
ejge-8925	17	31	(	(	PUNCT
ejge-8925	17	32	imf	imf	PROPN
ejge-8925	17	33	)	)	PUNCT
ejge-8925	17	34	,	,	PUNCT
ejge-8925	17	35	and	and	CCONJ
ejge-8925	17	36	the	the	DET
ejge-8925	17	37	organization	organization	NOUN
ejge-8925	17	38	for	for	ADP
ejge-8925	17	39	economic	economic	ADJ
ejge-8925	17	40	cooperation	cooperation	NOUN
ejge-8925	17	41	and	and	CCONJ
ejge-8925	17	42	development	development	NOUN
ejge-8925	17	43	(	(	PUNCT
ejge-8925	17	44	oecd	oecd	PROPN
ejge-8925	17	45	)	)	PUNCT
ejge-8925	17	46	.	.	PUNCT
ejge-8925	18	1	they	they	PRON
ejge-8925	18	2	both	both	PRON
ejge-8925	18	3	play	play	VERB
ejge-8925	18	4	crucial	crucial	ADJ
ejge-8925	18	5	roles	role	NOUN
ejge-8925	18	6	in	in	ADP
ejge-8925	18	7	establishing	establish	VERB
ejge-8925	18	8	and	and	CCONJ
ejge-8925	18	9	implementing	implement	VERB
ejge-8925	18	10	the	the	DET
ejge-8925	18	11	goals	goal	NOUN
ejge-8925	18	12	of	of	ADP
ejge-8925	18	13	these	these	DET
ejge-8925	18	14	institutions	institution	NOUN
ejge-8925	18	15	.	.	PUNCT
ejge-8925	19	1	the	the	DET
ejge-8925	19	2	us	us	PROPN
ejge-8925	19	3	and	and	CCONJ
ejge-8925	19	4	the	the	DET
ejge-8925	19	5	ez	ez	PROPN
ejge-8925	19	6	are	be	AUX
ejge-8925	19	7	the	the	DET
ejge-8925	19	8	largest	large	ADJ
ejge-8925	19	9	economies	economy	NOUN
ejge-8925	19	10	in	in	ADP
ejge-8925	19	11	the	the	DET
ejge-8925	19	12	world	world	NOUN
ejge-8925	19	13	in	in	ADP
ejge-8925	19	14	terms	term	NOUN
ejge-8925	19	15	of	of	ADP
ejge-8925	19	16	the	the	DET
ejge-8925	19	17	gdp	gdp	NOUN
ejge-8925	19	18	and	and	CCONJ
ejge-8925	19	19	volume	volume	NOUN
ejge-8925	19	20	of	of	ADP
ejge-8925	19	21	bilateral	bilateral	ADJ
ejge-8925	19	22	trade	trade	NOUN
ejge-8925	19	23	.	.	PUNCT
ejge-8925	20	1	their	their	PRON
ejge-8925	20	2	combined	combined	ADJ
ejge-8925	20	3	population	population	NOUN
ejge-8925	20	4	in	in	ADP
ejge-8925	20	5	2020	2020	NUM
ejge-8925	20	6	approached	approach	VERB
ejge-8925	20	7	800	800	NUM
ejge-8925	20	8	million	million	NUM
ejge-8925	20	9	people	people	NOUN
ejge-8925	20	10	,	,	PUNCT
ejge-8925	20	11	generating	generate	VERB
ejge-8925	20	12	a	a	DET
ejge-8925	20	13	https://creativecommons.org/licenses/by-nc/4.0/	https://creativecommons.org/licenses/by-nc/4.0/	PROPN
ejge-8925	20	14	mailto:decon00001@uowm.gr	mailto:decon00001@uowm.gr	PROPN
ejge-8925	20	15	https://doi.org/10.17979/ejge.2022.11.2.8925	https://doi.org/10.17979/ejge.2022.11.2.8925	PROPN
ejge-8925	20	16	gerassimos	gerassimos	PROPN
ejge-8925	20	17	bertsatos	bertsatos	PROPN
ejge-8925	20	18	/	/	SYM
ejge-8925	20	19	european	european	PROPN
ejge-8925	20	20	journal	journal	PROPN
ejge-8925	20	21	of	of	ADP
ejge-8925	20	22	government	government	NOUN
ejge-8925	20	23	and	and	CCONJ
ejge-8925	20	24	economics	economic	NOUN
ejge-8925	20	25	11(2	11(2	NUM
ejge-8925	20	26	)	)	PUNCT
ejge-8925	20	27	,	,	PUNCT
ejge-8925	20	28	december	december	PROPN
ejge-8925	20	29	2022	2022	NUM
ejge-8925	20	30	,	,	PUNCT
ejge-8925	20	31	141	141	NUM
ejge-8925	20	32	-	-	SYM
ejge-8925	20	33	166	166	NUM
ejge-8925	20	34	142	142	NUM
ejge-8925	20	35	gdp	gdp	NOUN
ejge-8925	20	36	that	that	PRON
ejge-8925	20	37	accounted	account	VERB
ejge-8925	20	38	for	for	ADP
ejge-8925	20	39	more	more	ADJ
ejge-8925	20	40	than	than	ADP
ejge-8925	20	41	40	40	NUM
ejge-8925	20	42	%	%	NOUN
ejge-8925	20	43	of	of	ADP
ejge-8925	20	44	the	the	DET
ejge-8925	20	45	global	global	PROPN
ejge-8925	20	46	gdp	gdp	PROPN
ejge-8925	20	47	.	.	PUNCT
ejge-8925	21	1	the	the	DET
ejge-8925	21	2	combined	combined	PROPN
ejge-8925	21	3	ez	ez	PROPN
ejge-8925	21	4	-	-	PROPN
ejge-8925	21	5	us	us	PROPN
ejge-8925	21	6	world	world	NOUN
ejge-8925	21	7	trade	trade	NOUN
ejge-8925	21	8	accounts	account	NOUN
ejge-8925	21	9	for	for	ADP
ejge-8925	21	10	roughly	roughly	ADV
ejge-8925	21	11	47	47	NUM
ejge-8925	21	12	%	%	NOUN
ejge-8925	21	13	of	of	ADP
ejge-8925	21	14	total	total	ADJ
ejge-8925	21	15	global	global	ADJ
ejge-8925	21	16	trade	trade	NOUN
ejge-8925	21	17	,	,	PUNCT
ejge-8925	21	18	eurostat	eurostat	PROPN
ejge-8925	21	19	(	(	PUNCT
ejge-8925	21	20	2021	2021	NUM
ejge-8925	21	21	)	)	PUNCT
ejge-8925	21	22	.	.	PUNCT
ejge-8925	22	1	furthermore	furthermore	ADV
ejge-8925	22	2	,	,	PUNCT
ejge-8925	22	3	they	they	PRON
ejge-8925	22	4	both	both	PRON
ejge-8925	22	5	have	have	VERB
ejge-8925	22	6	nearly	nearly	ADV
ejge-8925	22	7	identical	identical	ADJ
ejge-8925	22	8	levels	level	NOUN
ejge-8925	22	9	of	of	ADP
ejge-8925	22	10	economic	economic	ADJ
ejge-8925	22	11	development	development	NOUN
ejge-8925	22	12	and	and	CCONJ
ejge-8925	22	13	are	be	AUX
ejge-8925	22	14	among	among	ADP
ejge-8925	22	15	the	the	DET
ejge-8925	22	16	most	most	ADV
ejge-8925	22	17	advanced	advanced	ADJ
ejge-8925	22	18	in	in	ADP
ejge-8925	22	19	the	the	DET
ejge-8925	22	20	world	world	NOUN
ejge-8925	22	21	.	.	PUNCT
ejge-8925	23	1	they	they	PRON
ejge-8925	23	2	have	have	VERB
ejge-8925	23	3	the	the	DET
ejge-8925	23	4	world	world	NOUN
ejge-8925	23	5	's	's	PART
ejge-8925	23	6	wealthiest	wealthy	ADJ
ejge-8925	23	7	and	and	CCONJ
ejge-8925	23	8	most	most	ADV
ejge-8925	23	9	educated	educate	VERB
ejge-8925	23	10	populations	population	NOUN
ejge-8925	23	11	.	.	PUNCT
ejge-8925	24	1	with	with	ADP
ejge-8925	24	2	a	a	DET
ejge-8925	24	3	few	few	ADJ
ejge-8925	24	4	exceptions	exception	NOUN
ejge-8925	24	5	,	,	PUNCT
ejge-8925	24	6	the	the	DET
ejge-8925	24	7	us	us	PROPN
ejge-8925	24	8	,	,	PUNCT
ejge-8925	24	9	and	and	CCONJ
ejge-8925	24	10	the	the	DET
ejge-8925	24	11	ez	ez	PROPN
ejge-8925	24	12	are	be	AUX
ejge-8925	24	13	significant	significant	ADJ
ejge-8925	24	14	producers	producer	NOUN
ejge-8925	24	15	of	of	ADP
ejge-8925	24	16	innovative	innovative	ADJ
ejge-8925	24	17	technology	technology	NOUN
ejge-8925	24	18	and	and	CCONJ
ejge-8925	24	19	services	service	NOUN
ejge-8925	24	20	.	.	PUNCT
ejge-8925	25	1	as	as	ADP
ejge-8925	25	2	a	a	DET
ejge-8925	25	3	result	result	NOUN
ejge-8925	25	4	,	,	PUNCT
ejge-8925	25	5	most	most	ADJ
ejge-8925	25	6	of	of	ADP
ejge-8925	25	7	the	the	DET
ejge-8925	25	8	trade	trade	NOUN
ejge-8925	25	9	between	between	ADP
ejge-8925	25	10	the	the	DET
ejge-8925	25	11	us	us	PROPN
ejge-8925	25	12	and	and	CCONJ
ejge-8925	25	13	the	the	DET
ejge-8925	25	14	eu	eu	PROPN
ejge-8925	25	15	is	be	AUX
ejge-8925	25	16	intra	intra	ADJ
ejge-8925	25	17	-	-	NOUN
ejge-8925	25	18	industry	industry	NOUN
ejge-8925	25	19	(	(	PUNCT
ejge-8925	25	20	stöllinger	stöllinger	NOUN
ejge-8925	25	21	2020	2020	NUM
ejge-8925	25	22	)	)	PUNCT
ejge-8925	25	23	;	;	PUNCT
ejge-8925	25	24	that	that	PRON
ejge-8925	25	25	is	is	ADV
ejge-8925	25	26	,	,	PUNCT
ejge-8925	25	27	trade	trade	NOUN
ejge-8925	25	28	in	in	ADP
ejge-8925	25	29	similar	similar	ADJ
ejge-8925	25	30	commodities	commodity	NOUN
ejge-8925	25	31	.	.	PUNCT
ejge-8925	26	1	from	from	ADP
ejge-8925	26	2	the	the	DET
ejge-8925	26	3	above	above	ADJ
ejge-8925	26	4	short	short	ADJ
ejge-8925	26	5	description	description	NOUN
ejge-8925	26	6	of	of	ADP
ejge-8925	26	7	the	the	DET
ejge-8925	26	8	importance	importance	NOUN
ejge-8925	26	9	of	of	ADP
ejge-8925	26	10	the	the	DET
ejge-8925	26	11	ez	ez	PROPN
ejge-8925	26	12	-	-	PROPN
ejge-8925	26	13	us	us	PROPN
ejge-8925	26	14	trade	trade	NOUN
ejge-8925	26	15	relations	relation	NOUN
ejge-8925	26	16	,	,	PUNCT
ejge-8925	26	17	it	it	PRON
ejge-8925	26	18	is	be	AUX
ejge-8925	26	19	evident	evident	ADJ
ejge-8925	26	20	that	that	SCONJ
ejge-8925	26	21	studying	study	VERB
ejge-8925	26	22	their	their	PRON
ejge-8925	26	23	determinants	determinant	NOUN
ejge-8925	26	24	provides	provide	VERB
ejge-8925	26	25	useful	useful	ADJ
ejge-8925	26	26	tools	tool	NOUN
ejge-8925	26	27	for	for	ADP
ejge-8925	26	28	exercising	exercise	VERB
ejge-8925	26	29	trade	trade	NOUN
ejge-8925	26	30	policy	policy	NOUN
ejge-8925	26	31	.	.	PUNCT
ejge-8925	27	1	identifying	identify	VERB
ejge-8925	27	2	the	the	DET
ejge-8925	27	3	determinants	determinant	NOUN
ejge-8925	27	4	of	of	ADP
ejge-8925	27	5	the	the	DET
ejge-8925	27	6	bilateral	bilateral	ADJ
ejge-8925	27	7	current	current	ADJ
ejge-8925	27	8	account	account	NOUN
ejge-8925	27	9	,	,	PUNCT
ejge-8925	27	10	in	in	ADP
ejge-8925	27	11	both	both	CCONJ
ejge-8925	27	12	the	the	DET
ejge-8925	27	13	short	short	ADJ
ejge-8925	27	14	and	and	CCONJ
ejge-8925	27	15	long	long	ADJ
ejge-8925	27	16	run	run	NOUN
ejge-8925	27	17	,	,	PUNCT
ejge-8925	27	18	provides	provide	VERB
ejge-8925	27	19	the	the	DET
ejge-8925	27	20	essential	essential	ADJ
ejge-8925	27	21	tools	tool	NOUN
ejge-8925	27	22	for	for	ADP
ejge-8925	27	23	forecasting	forecast	VERB
ejge-8925	27	24	real	real	ADJ
ejge-8925	27	25	exchange	exchange	NOUN
ejge-8925	27	26	rate	rate	NOUN
ejge-8925	27	27	policy	policy	NOUN
ejge-8925	27	28	,	,	PUNCT
ejge-8925	27	29	evaluating	evaluate	VERB
ejge-8925	27	30	the	the	DET
ejge-8925	27	31	effects	effect	NOUN
ejge-8925	27	32	of	of	ADP
ejge-8925	27	33	regime	regime	NOUN
ejge-8925	27	34	action	action	NOUN
ejge-8925	27	35	on	on	ADP
ejge-8925	27	36	the	the	DET
ejge-8925	27	37	open	open	ADJ
ejge-8925	27	38	macro	macro	NOUN
ejge-8925	27	39	-	-	NOUN
ejge-8925	27	40	economy	economy	NOUN
ejge-8925	27	41	,	,	PUNCT
ejge-8925	27	42	and	and	CCONJ
ejge-8925	27	43	determining	determine	VERB
ejge-8925	27	44	the	the	DET
ejge-8925	27	45	sustainability	sustainability	NOUN
ejge-8925	27	46	of	of	ADP
ejge-8925	27	47	current	current	ADJ
ejge-8925	27	48	policies	policy	NOUN
ejge-8925	27	49	and	and	CCONJ
ejge-8925	27	50	the	the	DET
ejge-8925	27	51	wealth	wealth	NOUN
ejge-8925	27	52	of	of	ADP
ejge-8925	27	53	the	the	DET
ejge-8925	27	54	two	two	NUM
ejge-8925	27	55	economies	economy	NOUN
ejge-8925	27	56	.	.	PUNCT
ejge-8925	28	1	in	in	ADP
ejge-8925	28	2	the	the	DET
ejge-8925	28	3	present	present	ADJ
ejge-8925	28	4	work	work	NOUN
ejge-8925	28	5	,	,	PUNCT
ejge-8925	28	6	the	the	DET
ejge-8925	28	7	bilateral	bilateral	ADJ
ejge-8925	28	8	relationship	relationship	NOUN
ejge-8925	28	9	between	between	ADP
ejge-8925	28	10	the	the	DET
ejge-8925	28	11	ez	ez	PROPN
ejge-8925	28	12	and	and	CCONJ
ejge-8925	28	13	the	the	DET
ejge-8925	28	14	us	us	PROPN
ejge-8925	28	15	and	and	CCONJ
ejge-8925	28	16	the	the	DET
ejge-8925	28	17	determinants	determinant	NOUN
ejge-8925	28	18	which	which	PRON
ejge-8925	28	19	affect	affect	VERB
ejge-8925	28	20	their	their	PRON
ejge-8925	28	21	cab	cab	NOUN
ejge-8925	28	22	are	be	AUX
ejge-8925	28	23	examined	examine	VERB
ejge-8925	28	24	.	.	PUNCT
ejge-8925	29	1	this	this	DET
ejge-8925	29	2	work	work	NOUN
ejge-8925	29	3	is	be	AUX
ejge-8925	29	4	novel	novel	ADJ
ejge-8925	29	5	because	because	SCONJ
ejge-8925	29	6	bilateral	bilateral	ADJ
ejge-8925	29	7	current	current	ADJ
ejge-8925	29	8	account	account	NOUN
ejge-8925	29	9	studies	study	NOUN
ejge-8925	29	10	are	be	AUX
ejge-8925	29	11	scarce	scarce	ADJ
ejge-8925	29	12	in	in	ADP
ejge-8925	29	13	the	the	DET
ejge-8925	29	14	literature	literature	NOUN
ejge-8925	29	15	.	.	PUNCT
ejge-8925	30	1	there	there	PRON
ejge-8925	30	2	are	be	VERB
ejge-8925	30	3	numerous	numerous	ADJ
ejge-8925	30	4	studies	study	NOUN
ejge-8925	30	5	on	on	ADP
ejge-8925	30	6	the	the	DET
ejge-8925	30	7	determinants	determinant	NOUN
ejge-8925	30	8	of	of	ADP
ejge-8925	30	9	the	the	DET
ejge-8925	30	10	trade	trade	NOUN
ejge-8925	30	11	balance	balance	NOUN
ejge-8925	30	12	of	of	ADP
ejge-8925	30	13	a	a	DET
ejge-8925	30	14	country	country	NOUN
ejge-8925	30	15	,	,	PUNCT
ejge-8925	30	16	vis	vis	X
ejge-8925	30	17	a	a	X
ejge-8925	30	18	vis	vis	X
ejge-8925	30	19	the	the	DET
ejge-8925	30	20	rest	rest	NOUN
ejge-8925	30	21	of	of	ADP
ejge-8925	30	22	the	the	DET
ejge-8925	30	23	world	world	NOUN
ejge-8925	30	24	and	and	CCONJ
ejge-8925	30	25	the	the	DET
ejge-8925	30	26	bilateral	bilateral	ADJ
ejge-8925	30	27	trade	trade	NOUN
ejge-8925	30	28	balance	balance	NOUN
ejge-8925	30	29	between	between	ADP
ejge-8925	30	30	individual	individual	ADJ
ejge-8925	30	31	countries	country	NOUN
ejge-8925	30	32	.	.	PUNCT
ejge-8925	31	1	however	however	ADV
ejge-8925	31	2	,	,	PUNCT
ejge-8925	31	3	there	there	PRON
ejge-8925	31	4	are	be	VERB
ejge-8925	31	5	very	very	ADV
ejge-8925	31	6	few	few	ADJ
ejge-8925	31	7	studies	study	NOUN
ejge-8925	31	8	of	of	ADP
ejge-8925	31	9	the	the	DET
ejge-8925	31	10	determinants	determinant	NOUN
ejge-8925	31	11	of	of	ADP
ejge-8925	31	12	the	the	DET
ejge-8925	31	13	bilateral	bilateral	ADJ
ejge-8925	31	14	cab	cab	NOUN
ejge-8925	31	15	mainly	mainly	ADV
ejge-8925	31	16	due	due	ADP
ejge-8925	31	17	to	to	ADP
ejge-8925	31	18	data	datum	NOUN
ejge-8925	31	19	unavailability	unavailability	NOUN
ejge-8925	31	20	in	in	ADP
ejge-8925	31	21	the	the	DET
ejge-8925	31	22	trade	trade	NOUN
ejge-8925	31	23	in	in	ADP
ejge-8925	31	24	services	service	NOUN
ejge-8925	31	25	and	and	CCONJ
ejge-8925	31	26	the	the	DET
ejge-8925	31	27	other	other	ADJ
ejge-8925	31	28	balances	balance	NOUN
ejge-8925	31	29	that	that	PRON
ejge-8925	31	30	form	form	VERB
ejge-8925	31	31	the	the	DET
ejge-8925	31	32	current	current	ADJ
ejge-8925	31	33	account	account	NOUN
ejge-8925	31	34	,	,	PUNCT
ejge-8925	31	35	apart	apart	ADV
ejge-8925	31	36	from	from	ADP
ejge-8925	31	37	the	the	DET
ejge-8925	31	38	trade	trade	NOUN
ejge-8925	31	39	balance	balance	NOUN
ejge-8925	31	40	;	;	PUNCT
ejge-8925	31	41	some	some	DET
ejge-8925	31	42	rare	rare	ADJ
ejge-8925	31	43	examples	example	NOUN
ejge-8925	31	44	of	of	ADP
ejge-8925	31	45	bilateral	bilateral	ADJ
ejge-8925	31	46	current	current	ADJ
ejge-8925	31	47	account	account	NOUN
ejge-8925	31	48	studies	study	NOUN
ejge-8925	31	49	are	be	AUX
ejge-8925	31	50	dettmann	dettmann	PROPN
ejge-8925	31	51	et	et	PROPN
ejge-8925	31	52	al	al	PROPN
ejge-8925	31	53	.	.	PROPN
ejge-8925	32	1	(	(	PUNCT
ejge-8925	32	2	2012	2012	NUM
ejge-8925	32	3	)	)	PUNCT
ejge-8925	32	4	and	and	CCONJ
ejge-8925	32	5	iqbal	iqbal	PROPN
ejge-8925	32	6	et	et	PROPN
ejge-8925	32	7	al	al	PROPN
ejge-8925	32	8	.	.	PROPN
ejge-8925	33	1	(	(	PUNCT
ejge-8925	33	2	2017	2017	NUM
ejge-8925	33	3	)	)	PUNCT
ejge-8925	33	4	.	.	PUNCT
ejge-8925	34	1	disaggregate	disaggregate	ADJ
ejge-8925	34	2	bilateral	bilateral	ADJ
ejge-8925	34	3	data	datum	NOUN
ejge-8925	34	4	for	for	ADP
ejge-8925	34	5	all	all	DET
ejge-8925	34	6	balances	balance	NOUN
ejge-8925	34	7	formulating	formulate	VERB
ejge-8925	34	8	cab	cab	NOUN
ejge-8925	34	9	was	be	AUX
ejge-8925	34	10	made	make	VERB
ejge-8925	34	11	available	available	ADJ
ejge-8925	34	12	only	only	ADV
ejge-8925	34	13	recently	recently	ADV
ejge-8925	34	14	by	by	ADP
ejge-8925	34	15	a	a	DET
ejge-8925	34	16	combination	combination	NOUN
ejge-8925	34	17	of	of	ADP
ejge-8925	34	18	sources	source	NOUN
ejge-8925	34	19	(	(	PUNCT
ejge-8925	34	20	eurostat	eurostat	X
ejge-8925	34	21	(	(	PUNCT
ejge-8925	34	22	2020	2020	NUM
ejge-8925	34	23	)	)	PUNCT
ejge-8925	34	24	,	,	PUNCT
ejge-8925	34	25	the	the	DET
ejge-8925	34	26	oecd	oecd	PROPN
ejge-8925	34	27	(	(	PUNCT
ejge-8925	34	28	2020	2020	NUM
ejge-8925	34	29	)	)	PUNCT
ejge-8925	34	30	,	,	PUNCT
ejge-8925	34	31	and	and	CCONJ
ejge-8925	34	32	the	the	DET
ejge-8925	34	33	european	european	PROPN
ejge-8925	34	34	central	central	PROPN
ejge-8925	34	35	bank	bank	PROPN
ejge-8925	34	36	(	(	PUNCT
ejge-8925	34	37	ecb	ecb	PROPN
ejge-8925	34	38	)	)	PUNCT
ejge-8925	34	39	(	(	PUNCT
ejge-8925	34	40	2020	2020	NUM
ejge-8925	34	41	)	)	PUNCT
ejge-8925	34	42	)	)	PUNCT
ejge-8925	34	43	.	.	PUNCT
ejge-8925	35	1	using	use	VERB
ejge-8925	35	2	quarterly	quarterly	ADJ
ejge-8925	35	3	panel	panel	NOUN
ejge-8925	35	4	data	datum	NOUN
ejge-8925	35	5	analysis	analysis	NOUN
ejge-8925	35	6	,	,	PUNCT
ejge-8925	35	7	the	the	DET
ejge-8925	35	8	effect	effect	NOUN
ejge-8925	35	9	of	of	ADP
ejge-8925	35	10	factors	factor	NOUN
ejge-8925	35	11	recognized	recognize	VERB
ejge-8925	35	12	in	in	ADP
ejge-8925	35	13	the	the	DET
ejge-8925	35	14	literature	literature	NOUN
ejge-8925	35	15	as	as	ADP
ejge-8925	35	16	the	the	DET
ejge-8925	35	17	primary	primary	ADJ
ejge-8925	35	18	determinants	determinant	NOUN
ejge-8925	35	19	of	of	ADP
ejge-8925	35	20	the	the	DET
ejge-8925	35	21	cab	cab	NOUN
ejge-8925	35	22	is	be	AUX
ejge-8925	35	23	examined	examine	VERB
ejge-8925	35	24	in	in	ADP
ejge-8925	35	25	the	the	DET
ejge-8925	35	26	trade	trade	NOUN
ejge-8925	35	27	between	between	ADP
ejge-8925	35	28	the	the	DET
ejge-8925	35	29	19	19	NUM
ejge-8925	35	30	ez	ez	NOUN
ejge-8925	35	31	member	member	NOUN
ejge-8925	35	32	states	state	NOUN
ejge-8925	35	33	and	and	CCONJ
ejge-8925	35	34	the	the	DET
ejge-8925	35	35	us	us	PROPN
ejge-8925	35	36	from	from	ADP
ejge-8925	35	37	2008	2008	NUM
ejge-8925	35	38	to	to	ADP
ejge-8925	35	39	2018	2018	NUM
ejge-8925	35	40	.	.	PUNCT
ejge-8925	36	1	these	these	DET
ejge-8925	36	2	factors	factor	NOUN
ejge-8925	36	3	are	be	AUX
ejge-8925	36	4	real	real	ADJ
ejge-8925	36	5	exchange	exchange	NOUN
ejge-8925	36	6	rate	rate	NOUN
ejge-8925	36	7	,	,	PUNCT
ejge-8925	36	8	governmental	governmental	ADJ
ejge-8925	36	9	fiscal	fiscal	ADJ
ejge-8925	36	10	balance	balance	NOUN
ejge-8925	36	11	,	,	PUNCT
ejge-8925	36	12	real	real	ADJ
ejge-8925	36	13	interest	interest	NOUN
ejge-8925	36	14	rate	rate	NOUN
ejge-8925	36	15	,	,	PUNCT
ejge-8925	36	16	per	per	ADP
ejge-8925	36	17	capita	capita	X
ejge-8925	36	18	gdp	gdp	NOUN
ejge-8925	36	19	,	,	PUNCT
ejge-8925	36	20	and	and	CCONJ
ejge-8925	36	21	exchange	exchange	NOUN
ejge-8925	36	22	rate	rate	NOUN
ejge-8925	36	23	volatility	volatility	NOUN
ejge-8925	36	24	.	.	PUNCT
ejge-8925	37	1	the	the	DET
ejge-8925	37	2	model	model	NOUN
ejge-8925	37	3	was	be	AUX
ejge-8925	37	4	estimated	estimate	VERB
ejge-8925	37	5	using	use	VERB
ejge-8925	37	6	a	a	DET
ejge-8925	37	7	panel	panel	NOUN
ejge-8925	37	8	autoregressive	autoregressive	ADJ
ejge-8925	37	9	distributed	distribute	VERB
ejge-8925	37	10	lags	lag	NOUN
ejge-8925	37	11	(	(	PUNCT
ejge-8925	37	12	ardl	ardl	NOUN
ejge-8925	37	13	)	)	PUNCT
ejge-8925	37	14	method	method	NOUN
ejge-8925	37	15	,	,	PUNCT
ejge-8925	37	16	the	the	DET
ejge-8925	37	17	pooled	pool	VERB
ejge-8925	37	18	mean	mean	NOUN
ejge-8925	37	19	group	group	NOUN
ejge-8925	37	20	(	(	PUNCT
ejge-8925	37	21	pmg	pmg	PROPN
ejge-8925	37	22	)	)	PUNCT
ejge-8925	37	23	.	.	PUNCT
ejge-8925	38	1	the	the	DET
ejge-8925	38	2	article	article	NOUN
ejge-8925	38	3	is	be	AUX
ejge-8925	38	4	arranged	arrange	VERB
ejge-8925	38	5	as	as	SCONJ
ejge-8925	38	6	follows	follow	VERB
ejge-8925	38	7	:	:	PUNCT
ejge-8925	38	8	section	section	NOUN
ejge-8925	38	9	2	2	NUM
ejge-8925	38	10	examines	examine	VERB
ejge-8925	38	11	the	the	DET
ejge-8925	38	12	literature	literature	NOUN
ejge-8925	38	13	on	on	ADP
ejge-8925	38	14	current	current	ADJ
ejge-8925	38	15	account	account	NOUN
ejge-8925	38	16	determinants	determinant	NOUN
ejge-8925	38	17	;	;	PUNCT
ejge-8925	38	18	section	section	NOUN
ejge-8925	38	19	3	3	NUM
ejge-8925	38	20	describes	describe	VERB
ejge-8925	38	21	the	the	DET
ejge-8925	38	22	empirical	empirical	ADJ
ejge-8925	38	23	methodology	methodology	NOUN
ejge-8925	38	24	and	and	CCONJ
ejge-8925	38	25	the	the	DET
ejge-8925	38	26	data	datum	NOUN
ejge-8925	38	27	used	use	VERB
ejge-8925	38	28	,	,	PUNCT
ejge-8925	38	29	section	section	NOUN
ejge-8925	38	30	4	4	NUM
ejge-8925	38	31	provides	provide	VERB
ejge-8925	38	32	the	the	DET
ejge-8925	38	33	results	result	NOUN
ejge-8925	38	34	and	and	CCONJ
ejge-8925	38	35	section	section	NOUN
ejge-8925	38	36	5	5	NUM
ejge-8925	38	37	summarizes	summarize	NOUN
ejge-8925	38	38	the	the	DET
ejge-8925	38	39	findings	finding	NOUN
ejge-8925	38	40	and	and	CCONJ
ejge-8925	38	41	lists	list	VERB
ejge-8925	38	42	policy	policy	NOUN
ejge-8925	38	43	implications	implication	NOUN
ejge-8925	38	44	.	.	PUNCT
ejge-8925	39	1	2	2	X
ejge-8925	39	2	.	.	X
ejge-8925	39	3	literature	literature	NOUN
ejge-8925	39	4	review	review	VERB
ejge-8925	39	5	there	there	PRON
ejge-8925	39	6	is	be	VERB
ejge-8925	39	7	a	a	DET
ejge-8925	39	8	growing	grow	VERB
ejge-8925	39	9	literature	literature	NOUN
ejge-8925	39	10	on	on	ADP
ejge-8925	39	11	current	current	ADJ
ejge-8925	39	12	account	account	NOUN
ejge-8925	39	13	balance	balance	NOUN
ejge-8925	39	14	determinants	determinant	NOUN
ejge-8925	39	15	since	since	SCONJ
ejge-8925	39	16	the	the	DET
ejge-8925	39	17	80s	80	NOUN
ejge-8925	39	18	.	.	PUNCT
ejge-8925	40	1	some	some	DET
ejge-8925	40	2	empirical	empirical	ADJ
ejge-8925	40	3	studies	study	NOUN
ejge-8925	40	4	examine	examine	VERB
ejge-8925	40	5	the	the	DET
ejge-8925	40	6	determinants	determinant	NOUN
ejge-8925	40	7	of	of	ADP
ejge-8925	40	8	the	the	DET
ejge-8925	40	9	current	current	ADJ
ejge-8925	40	10	account	account	NOUN
ejge-8925	40	11	to	to	PART
ejge-8925	40	12	determine	determine	VERB
ejge-8925	40	13	the	the	DET
ejge-8925	40	14	extent	extent	NOUN
ejge-8925	40	15	of	of	ADP
ejge-8925	40	16	the	the	DET
ejge-8925	40	17	current	current	ADJ
ejge-8925	40	18	account	account	NOUN
ejge-8925	40	19	that	that	PRON
ejge-8925	40	20	may	may	AUX
ejge-8925	40	21	be	be	AUX
ejge-8925	40	22	considered	consider	VERB
ejge-8925	40	23	‘	'	PUNCT
ejge-8925	40	24	normal	normal	ADJ
ejge-8925	40	25	’	'	PUNCT
ejge-8925	40	26	for	for	ADP
ejge-8925	40	27	a	a	DET
ejge-8925	40	28	country	country	NOUN
ejge-8925	40	29	based	base	VERB
ejge-8925	40	30	on	on	ADP
ejge-8925	40	31	a	a	DET
ejge-8925	40	32	set	set	NOUN
ejge-8925	40	33	of	of	ADP
ejge-8925	40	34	structural	structural	ADJ
ejge-8925	40	35	and	and	CCONJ
ejge-8925	40	36	macroeconomic	macroeconomic	ADJ
ejge-8925	40	37	attributes	attribute	NOUN
ejge-8925	40	38	.	.	PUNCT
ejge-8925	41	1	variables	variable	NOUN
ejge-8925	41	2	such	such	ADJ
ejge-8925	41	3	as	as	ADP
ejge-8925	41	4	gdp	gdp	NOUN
ejge-8925	41	5	per	per	ADP
ejge-8925	41	6	capita	capita	X
ejge-8925	41	7	,	,	PUNCT
ejge-8925	41	8	demographics	demographic	NOUN
ejge-8925	41	9	,	,	PUNCT
ejge-8925	41	10	fiscal	fiscal	ADJ
ejge-8925	41	11	balance	balance	NOUN
ejge-8925	41	12	,	,	PUNCT
ejge-8925	41	13	and	and	CCONJ
ejge-8925	41	14	initial	initial	ADJ
ejge-8925	41	15	net	net	ADJ
ejge-8925	41	16	foreign	foreign	ADJ
ejge-8925	41	17	assets	asset	NOUN
ejge-8925	41	18	are	be	AUX
ejge-8925	41	19	examples	example	NOUN
ejge-8925	41	20	of	of	ADP
ejge-8925	41	21	economic	economic	ADJ
ejge-8925	41	22	essentials	essential	NOUN
ejge-8925	41	23	.	.	PUNCT
ejge-8925	42	1	the	the	DET
ejge-8925	42	2	primary	primary	ADJ
ejge-8925	42	3	research	research	NOUN
ejge-8925	42	4	on	on	ADP
ejge-8925	42	5	shortgerassimos	shortgerassimos	PROPN
ejge-8925	42	6	bertsatos	bertsatos	PROPN
ejge-8925	42	7	/	/	SYM
ejge-8925	42	8	european	european	PROPN
ejge-8925	42	9	journal	journal	PROPN
ejge-8925	42	10	of	of	ADP
ejge-8925	42	11	government	government	NOUN
ejge-8925	42	12	and	and	CCONJ
ejge-8925	42	13	economics	economic	NOUN
ejge-8925	42	14	11(2	11(2	NUM
ejge-8925	42	15	)	)	PUNCT
ejge-8925	42	16	,	,	PUNCT
ejge-8925	42	17	december	december	PROPN
ejge-8925	42	18	2022	2022	NUM
ejge-8925	42	19	,	,	PUNCT
ejge-8925	42	20	141	141	NUM
ejge-8925	42	21	-	-	SYM
ejge-8925	42	22	166	166	NUM
ejge-8925	42	23	143	143	NUM
ejge-8925	42	24	term	term	NOUN
ejge-8925	42	25	current	current	ADJ
ejge-8925	42	26	account	account	NOUN
ejge-8925	42	27	variations	variation	NOUN
ejge-8925	42	28	is	be	AUX
ejge-8925	42	29	based	base	VERB
ejge-8925	42	30	on	on	ADP
ejge-8925	42	31	the	the	DET
ejge-8925	42	32	concept	concept	NOUN
ejge-8925	42	33	that	that	SCONJ
ejge-8925	42	34	current	current	ADJ
ejge-8925	42	35	account	account	NOUN
ejge-8925	42	36	functions	function	NOUN
ejge-8925	42	37	as	as	ADP
ejge-8925	42	38	a	a	DET
ejge-8925	42	39	buffer	buffer	NOUN
ejge-8925	42	40	against	against	ADP
ejge-8925	42	41	transient	transient	ADJ
ejge-8925	42	42	income	income	NOUN
ejge-8925	42	43	shocks	shock	NOUN
ejge-8925	42	44	,	,	PUNCT
ejge-8925	42	45	smoothing	smooth	VERB
ejge-8925	42	46	consumption	consumption	NOUN
ejge-8925	42	47	,	,	PUNCT
ejge-8925	42	48	and	and	CCONJ
ejge-8925	42	49	maximizing	maximize	VERB
ejge-8925	42	50	welfare	welfare	NOUN
ejge-8925	42	51	.	.	PUNCT
ejge-8925	43	1	ghosh	ghosh	PROPN
ejge-8925	43	2	and	and	CCONJ
ejge-8925	43	3	ostry	ostry	PROPN
ejge-8925	43	4	(	(	PUNCT
ejge-8925	43	5	1995	1995	NUM
ejge-8925	43	6	)	)	PUNCT
ejge-8925	43	7	,	,	PUNCT
ejge-8925	43	8	glick	glick	PROPN
ejge-8925	43	9	and	and	CCONJ
ejge-8925	43	10	rogoff	rogoff	NOUN
ejge-8925	43	11	(	(	PUNCT
ejge-8925	43	12	1995	1995	NUM
ejge-8925	43	13	)	)	PUNCT
ejge-8925	43	14	,	,	PUNCT
ejge-8925	43	15	kraay	kraay	ADJ
ejge-8925	43	16	and	and	CCONJ
ejge-8925	43	17	ventura	ventura	PROPN
ejge-8925	43	18	(	(	PUNCT
ejge-8925	43	19	2000	2000	NUM
ejge-8925	43	20	)	)	PUNCT
ejge-8925	43	21	,	,	PUNCT
ejge-8925	43	22	and	and	CCONJ
ejge-8925	43	23	nason	nason	PROPN
ejge-8925	43	24	and	and	CCONJ
ejge-8925	43	25	rogers	rogers	PROPN
ejge-8925	43	26	(	(	PUNCT
ejge-8925	43	27	2006	2006	NUM
ejge-8925	43	28	)	)	PUNCT
ejge-8925	43	29	,	,	PUNCT
ejge-8925	43	30	completed	complete	VERB
ejge-8925	43	31	the	the	DET
ejge-8925	43	32	most	most	ADV
ejge-8925	43	33	significant	significant	ADJ
ejge-8925	43	34	of	of	ADP
ejge-8925	43	35	this	this	DET
ejge-8925	43	36	early	early	ADJ
ejge-8925	43	37	research	research	NOUN
ejge-8925	43	38	in	in	ADP
ejge-8925	43	39	this	this	DET
ejge-8925	43	40	field	field	NOUN
ejge-8925	43	41	.	.	PUNCT
ejge-8925	44	1	the	the	DET
ejge-8925	44	2	existence	existence	NOUN
ejge-8925	44	3	of	of	ADP
ejge-8925	44	4	various	various	ADJ
ejge-8925	44	5	approaches	approach	NOUN
ejge-8925	44	6	with	with	ADP
ejge-8925	44	7	diverging	diverging	ADJ
ejge-8925	44	8	estimates	estimate	NOUN
ejge-8925	44	9	and	and	CCONJ
ejge-8925	44	10	variable	variable	ADJ
ejge-8925	44	11	selection	selection	NOUN
ejge-8925	44	12	to	to	PART
ejge-8925	44	13	comprehend	comprehend	VERB
ejge-8925	44	14	which	which	DET
ejge-8925	44	15	aspects	aspect	NOUN
ejge-8925	44	16	have	have	VERB
ejge-8925	44	17	a	a	DET
ejge-8925	44	18	suitable	suitable	ADJ
ejge-8925	44	19	role	role	NOUN
ejge-8925	44	20	for	for	ADP
ejge-8925	44	21	determining	determine	VERB
ejge-8925	44	22	cab	cab	NOUN
ejge-8925	44	23	led	lead	VERB
ejge-8925	44	24	the	the	DET
ejge-8925	44	25	topic	topic	NOUN
ejge-8925	44	26	to	to	ADP
ejge-8925	44	27	a	a	DET
ejge-8925	44	28	multidimensional	multidimensional	ADJ
ejge-8925	44	29	foundation	foundation	NOUN
ejge-8925	44	30	.	.	PUNCT
ejge-8925	45	1	in	in	ADP
ejge-8925	45	2	theory	theory	NOUN
ejge-8925	45	3	,	,	PUNCT
ejge-8925	45	4	in	in	ADP
ejge-8925	45	5	equilibrium	equilibrium	NOUN
ejge-8925	45	6	,	,	PUNCT
ejge-8925	45	7	the	the	DET
ejge-8925	45	8	cab	cab	NOUN
ejge-8925	45	9	ought	ought	AUX
ejge-8925	45	10	to	to	PART
ejge-8925	45	11	be	be	AUX
ejge-8925	45	12	zero	zero	NUM
ejge-8925	45	13	;	;	PUNCT
ejge-8925	45	14	however	however	ADV
ejge-8925	45	15	,	,	PUNCT
ejge-8925	45	16	when	when	SCONJ
ejge-8925	45	17	it	it	PRON
ejge-8925	45	18	comes	come	VERB
ejge-8925	45	19	to	to	ADP
ejge-8925	45	20	the	the	DET
ejge-8925	45	21	real	real	ADJ
ejge-8925	45	22	world	world	NOUN
ejge-8925	45	23	,	,	PUNCT
ejge-8925	45	24	this	this	PRON
ejge-8925	45	25	is	be	AUX
ejge-8925	45	26	doubtful	doubtful	ADJ
ejge-8925	45	27	.	.	PUNCT
ejge-8925	46	1	in	in	ADP
ejge-8925	46	2	the	the	DET
ejge-8925	46	3	case	case	NOUN
ejge-8925	46	4	where	where	SCONJ
ejge-8925	46	5	a	a	DET
ejge-8925	46	6	surplus	surplus	NOUN
ejge-8925	46	7	or	or	CCONJ
ejge-8925	46	8	a	a	DET
ejge-8925	46	9	deficit	deficit	NOUN
ejge-8925	46	10	occurs	occur	VERB
ejge-8925	46	11	in	in	ADP
ejge-8925	46	12	the	the	DET
ejge-8925	46	13	current	current	ADJ
ejge-8925	46	14	account	account	NOUN
ejge-8925	46	15	,	,	PUNCT
ejge-8925	46	16	this	this	PRON
ejge-8925	46	17	signals	signal	VERB
ejge-8925	46	18	something	something	PRON
ejge-8925	46	19	regarding	regard	VERB
ejge-8925	46	20	the	the	DET
ejge-8925	46	21	situation	situation	NOUN
ejge-8925	46	22	where	where	SCONJ
ejge-8925	46	23	the	the	DET
ejge-8925	46	24	economy	economy	NOUN
ejge-8925	46	25	is	be	AUX
ejge-8925	46	26	in	in	ADV
ejge-8925	46	27	,	,	PUNCT
ejge-8925	46	28	both	both	CCONJ
ejge-8925	46	29	on	on	ADP
ejge-8925	46	30	its	its	PRON
ejge-8925	46	31	own	own	ADJ
ejge-8925	46	32	and	and	CCONJ
ejge-8925	46	33	in	in	ADP
ejge-8925	46	34	comparison	comparison	NOUN
ejge-8925	46	35	with	with	ADP
ejge-8925	46	36	the	the	DET
ejge-8925	46	37	trading	trading	NOUN
ejge-8925	46	38	country	country	NOUN
ejge-8925	46	39	.	.	PUNCT
ejge-8925	47	1	the	the	DET
ejge-8925	47	2	imbalances	imbalance	NOUN
ejge-8925	47	3	in	in	ADP
ejge-8925	47	4	the	the	DET
ejge-8925	47	5	current	current	ADJ
ejge-8925	47	6	account	account	NOUN
ejge-8925	47	7	,	,	PUNCT
ejge-8925	47	8	in	in	ADP
ejge-8925	47	9	the	the	DET
ejge-8925	47	10	framework	framework	NOUN
ejge-8925	47	11	of	of	ADP
ejge-8925	47	12	income	income	NOUN
ejge-8925	47	13	convergence	convergence	NOUN
ejge-8925	47	14	,	,	PUNCT
ejge-8925	47	15	were	be	AUX
ejge-8925	47	16	studied	study	VERB
ejge-8925	47	17	by	by	ADP
ejge-8925	47	18	herrman	herrman	NOUN
ejge-8925	47	19	and	and	CCONJ
ejge-8925	47	20	winker	winker	NOUN
ejge-8925	47	21	(	(	PUNCT
ejge-8925	47	22	2008	2008	NUM
ejge-8925	47	23	)	)	PUNCT
ejge-8925	47	24	for	for	ADP
ejge-8925	47	25	the	the	DET
ejge-8925	47	26	emerging	emerge	VERB
ejge-8925	47	27	economies	economy	NOUN
ejge-8925	47	28	in	in	ADP
ejge-8925	47	29	europe	europe	PROPN
ejge-8925	47	30	and	and	CCONJ
ejge-8925	47	31	asia	asia	PROPN
ejge-8925	47	32	.	.	PUNCT
ejge-8925	48	1	the	the	DET
ejge-8925	48	2	authors	author	NOUN
ejge-8925	48	3	stated	state	VERB
ejge-8925	48	4	that	that	SCONJ
ejge-8925	48	5	the	the	DET
ejge-8925	48	6	progression	progression	NOUN
ejge-8925	48	7	of	of	ADP
ejge-8925	48	8	the	the	DET
ejge-8925	48	9	financial	financial	ADJ
ejge-8925	48	10	market	market	NOUN
ejge-8925	48	11	and	and	CCONJ
ejge-8925	48	12	financial	financial	ADJ
ejge-8925	48	13	integration	integration	NOUN
ejge-8925	48	14	were	be	AUX
ejge-8925	48	15	important	important	ADJ
ejge-8925	48	16	factors	factor	NOUN
ejge-8925	48	17	in	in	ADP
ejge-8925	48	18	determining	determine	VERB
ejge-8925	48	19	the	the	DET
ejge-8925	48	20	current	current	ADJ
ejge-8925	48	21	account	account	NOUN
ejge-8925	48	22	balance	balance	NOUN
ejge-8925	48	23	.	.	PUNCT
ejge-8925	49	1	in	in	ADP
ejge-8925	49	2	the	the	DET
ejge-8925	49	3	same	same	ADJ
ejge-8925	49	4	notion	notion	NOUN
ejge-8925	49	5	,	,	PUNCT
ejge-8925	49	6	a	a	DET
ejge-8925	49	7	more	more	ADV
ejge-8925	49	8	advanced	advanced	ADJ
ejge-8925	49	9	financial	financial	ADJ
ejge-8925	49	10	market	market	NOUN
ejge-8925	49	11	and	and	CCONJ
ejge-8925	49	12	financial	financial	ADJ
ejge-8925	49	13	integration	integration	NOUN
ejge-8925	49	14	might	might	AUX
ejge-8925	49	15	result	result	VERB
ejge-8925	49	16	in	in	ADP
ejge-8925	49	17	bigger	big	ADJ
ejge-8925	49	18	deficits	deficit	NOUN
ejge-8925	49	19	and	and	CCONJ
ejge-8925	49	20	lower	low	ADJ
ejge-8925	49	21	surpluses	surplus	NOUN
ejge-8925	49	22	.	.	PUNCT
ejge-8925	50	1	this	this	DET
ejge-8925	50	2	scenario	scenario	NOUN
ejge-8925	50	3	is	be	AUX
ejge-8925	50	4	possible	possible	ADJ
ejge-8925	50	5	because	because	SCONJ
ejge-8925	50	6	,	,	PUNCT
ejge-8925	50	7	as	as	SCONJ
ejge-8925	50	8	the	the	DET
ejge-8925	50	9	convergence	convergence	NOUN
ejge-8925	50	10	process	process	NOUN
ejge-8925	50	11	progresses	progress	VERB
ejge-8925	50	12	,	,	PUNCT
ejge-8925	50	13	countries	country	NOUN
ejge-8925	50	14	with	with	ADP
ejge-8925	50	15	developed	develop	VERB
ejge-8925	50	16	financial	financial	ADJ
ejge-8925	50	17	markets	market	NOUN
ejge-8925	50	18	and	and	CCONJ
ejge-8925	50	19	integration	integration	NOUN
ejge-8925	50	20	may	may	AUX
ejge-8925	50	21	borrow	borrow	VERB
ejge-8925	50	22	more	more	ADV
ejge-8925	50	23	freely	freely	ADV
ejge-8925	50	24	from	from	ADP
ejge-8925	50	25	abroad	abroad	ADV
ejge-8925	50	26	,	,	PUNCT
ejge-8925	50	27	resulting	result	VERB
ejge-8925	50	28	in	in	ADP
ejge-8925	50	29	higher	high	ADJ
ejge-8925	50	30	domestic	domestic	ADJ
ejge-8925	50	31	consumption	consumption	NOUN
ejge-8925	50	32	and	and	CCONJ
ejge-8925	50	33	savings	saving	NOUN
ejge-8925	50	34	.	.	PUNCT
ejge-8925	51	1	yet	yet	ADV
ejge-8925	51	2	,	,	PUNCT
ejge-8925	51	3	several	several	ADJ
ejge-8925	51	4	financial	financial	ADJ
ejge-8925	51	5	integration	integration	NOUN
ejge-8925	51	6	and	and	CCONJ
ejge-8925	51	7	development	development	NOUN
ejge-8925	51	8	indicators	indicator	NOUN
ejge-8925	51	9	are	be	AUX
ejge-8925	51	10	insufficient	insufficient	ADJ
ejge-8925	51	11	to	to	PART
ejge-8925	51	12	fully	fully	ADV
ejge-8925	51	13	explain	explain	VERB
ejge-8925	51	14	the	the	DET
ejge-8925	51	15	diverse	diverse	ADJ
ejge-8925	51	16	models	model	NOUN
ejge-8925	51	17	of	of	ADP
ejge-8925	51	18	current	current	ADJ
ejge-8925	51	19	account	account	NOUN
ejge-8925	51	20	and	and	CCONJ
ejge-8925	51	21	real	real	ADJ
ejge-8925	51	22	convergence	convergence	NOUN
ejge-8925	51	23	in	in	ADP
ejge-8925	51	24	europe	europe	PROPN
ejge-8925	51	25	and	and	CCONJ
ejge-8925	51	26	asia	asia	PROPN
ejge-8925	51	27	’s	’s	PART
ejge-8925	51	28	growing	grow	VERB
ejge-8925	51	29	countries	country	NOUN
ejge-8925	51	30	.	.	PUNCT
ejge-8925	52	1	in	in	ADP
ejge-8925	52	2	the	the	DET
ejge-8925	52	3	spirit	spirit	NOUN
ejge-8925	52	4	of	of	ADP
ejge-8925	52	5	empirical	empirical	ADJ
ejge-8925	52	6	application	application	NOUN
ejge-8925	52	7	,	,	PUNCT
ejge-8925	52	8	the	the	DET
ejge-8925	52	9	methodology	methodology	NOUN
ejge-8925	52	10	used	use	VERB
ejge-8925	52	11	in	in	ADP
ejge-8925	52	12	the	the	DET
ejge-8925	52	13	current	current	ADJ
ejge-8925	52	14	work	work	NOUN
ejge-8925	52	15	falls	fall	VERB
ejge-8925	52	16	on	on	ADP
ejge-8925	52	17	a	a	DET
ejge-8925	52	18	class	class	NOUN
ejge-8925	52	19	currently	currently	ADV
ejge-8925	52	20	comprised	comprise	VERB
ejge-8925	52	21	of	of	ADP
ejge-8925	52	22	many	many	ADJ
ejge-8925	52	23	analyses	analysis	NOUN
ejge-8925	52	24	that	that	PRON
ejge-8925	52	25	employ	employ	VERB
ejge-8925	52	26	well	well	ADV
ejge-8925	52	27	-	-	PUNCT
ejge-8925	52	28	established	establish	VERB
ejge-8925	52	29	econometric	econometric	ADJ
ejge-8925	52	30	methodologies	methodology	NOUN
ejge-8925	52	31	that	that	PRON
ejge-8925	52	32	examine	examine	VERB
ejge-8925	52	33	the	the	DET
ejge-8925	52	34	relationship	relationship	NOUN
ejge-8925	52	35	between	between	ADP
ejge-8925	52	36	a	a	DET
ejge-8925	52	37	wide	wide	ADJ
ejge-8925	52	38	range	range	NOUN
ejge-8925	52	39	of	of	ADP
ejge-8925	52	40	macroeconomic	macroeconomic	ADJ
ejge-8925	52	41	factors	factor	NOUN
ejge-8925	52	42	and	and	CCONJ
ejge-8925	52	43	the	the	DET
ejge-8925	52	44	cab	cab	NOUN
ejge-8925	52	45	,	,	PUNCT
ejge-8925	52	46	such	such	ADJ
ejge-8925	52	47	as	as	ADP
ejge-8925	52	48	debelle	debelle	ADJ
ejge-8925	52	49	and	and	CCONJ
ejge-8925	52	50	faruquee	faruquee	NOUN
ejge-8925	52	51	(	(	PUNCT
ejge-8925	52	52	1996	1996	NUM
ejge-8925	52	53	)	)	PUNCT
ejge-8925	52	54	;	;	PUNCT
ejge-8925	52	55	blanchard	blanchard	NOUN
ejge-8925	52	56	and	and	CCONJ
ejge-8925	52	57	giavazzi	giavazzi	NOUN
ejge-8925	52	58	(	(	PUNCT
ejge-8925	52	59	2002	2002	NUM
ejge-8925	52	60	)	)	PUNCT
ejge-8925	52	61	;	;	PUNCT
ejge-8925	52	62	chinn	chinn	PROPN
ejge-8925	52	63	and	and	CCONJ
ejge-8925	52	64	prasad	prasad	PROPN
ejge-8925	52	65	(	(	PUNCT
ejge-8925	52	66	2003	2003	NUM
ejge-8925	52	67	)	)	PUNCT
ejge-8925	52	68	;	;	PUNCT
ejge-8925	52	69	herrmann	herrmann	PROPN
ejge-8925	52	70	and	and	CCONJ
ejge-8925	52	71	jochem	jochem	PROPN
ejge-8925	52	72	(	(	PUNCT
ejge-8925	52	73	2005	2005	NUM
ejge-8925	52	74	)	)	PUNCT
ejge-8925	52	75	;	;	PUNCT
ejge-8925	52	76	ca'zorzi	ca'zorzi	PROPN
ejge-8925	52	77	et	et	PROPN
ejge-8925	52	78	al	al	PROPN
ejge-8925	52	79	.	.	PROPN
ejge-8925	53	1	(	(	PUNCT
ejge-8925	53	2	2009	2009	NUM
ejge-8925	53	3	)	)	PUNCT
ejge-8925	53	4	;	;	PUNCT
ejge-8925	53	5	nieminen	nieminen	PROPN
ejge-8925	53	6	(	(	PUNCT
ejge-8925	53	7	2015	2015	NUM
ejge-8925	53	8	)	)	PUNCT
ejge-8925	53	9	;	;	PUNCT
ejge-8925	53	10	das	das	PROPN
ejge-8925	53	11	(	(	PUNCT
ejge-8925	53	12	2016	2016	NUM
ejge-8925	53	13	)	)	PUNCT
ejge-8925	53	14	;	;	PUNCT
ejge-8925	53	15	yoshida	yoshida	PROPN
ejge-8925	53	16	and	and	CCONJ
ejge-8925	53	17	zhai	zhai	PROPN
ejge-8925	53	18	(	(	PUNCT
ejge-8925	53	19	2020	2020	NUM
ejge-8925	53	20	)	)	PUNCT
ejge-8925	53	21	.	.	PUNCT
ejge-8925	54	1	the	the	DET
ejge-8925	54	2	difference	difference	NOUN
ejge-8925	54	3	between	between	ADP
ejge-8925	54	4	this	this	DET
ejge-8925	54	5	study	study	NOUN
ejge-8925	54	6	to	to	ADP
ejge-8925	54	7	the	the	DET
ejge-8925	54	8	above	above	ADJ
ejge-8925	54	9	literature	literature	NOUN
ejge-8925	54	10	is	be	AUX
ejge-8925	54	11	that	that	SCONJ
ejge-8925	54	12	the	the	DET
ejge-8925	54	13	empirical	empirical	ADJ
ejge-8925	54	14	studies	study	NOUN
ejge-8925	54	15	above	above	ADV
ejge-8925	54	16	examine	examine	VERB
ejge-8925	54	17	the	the	DET
ejge-8925	54	18	current	current	ADJ
ejge-8925	54	19	account	account	NOUN
ejge-8925	54	20	determinants	determinant	NOUN
ejge-8925	54	21	of	of	ADP
ejge-8925	54	22	a	a	DET
ejge-8925	54	23	country	country	NOUN
ejge-8925	54	24	with	with	ADP
ejge-8925	54	25	respect	respect	NOUN
ejge-8925	54	26	to	to	ADP
ejge-8925	54	27	the	the	DET
ejge-8925	54	28	rest	rest	NOUN
ejge-8925	54	29	of	of	ADP
ejge-8925	54	30	the	the	DET
ejge-8925	54	31	world	world	NOUN
ejge-8925	54	32	or	or	CCONJ
ejge-8925	54	33	a	a	DET
ejge-8925	54	34	group	group	NOUN
ejge-8925	54	35	of	of	ADP
ejge-8925	54	36	countries	country	NOUN
ejge-8925	54	37	and	and	CCONJ
ejge-8925	54	38	not	not	PART
ejge-8925	54	39	bilaterally	bilaterally	ADV
ejge-8925	54	40	,	,	PUNCT
ejge-8925	54	41	while	while	SCONJ
ejge-8925	54	42	in	in	ADP
ejge-8925	54	43	the	the	DET
ejge-8925	54	44	present	present	ADJ
ejge-8925	54	45	study	study	NOUN
ejge-8925	54	46	,	,	PUNCT
ejge-8925	54	47	the	the	DET
ejge-8925	54	48	determinants	determinant	NOUN
ejge-8925	54	49	of	of	ADP
ejge-8925	54	50	the	the	DET
ejge-8925	54	51	ca	ca	NOUN
ejge-8925	54	52	are	be	AUX
ejge-8925	54	53	examined	examine	VERB
ejge-8925	54	54	in	in	ADP
ejge-8925	54	55	the	the	DET
ejge-8925	54	56	bilateral	bilateral	ADJ
ejge-8925	54	57	trade	trade	NOUN
ejge-8925	54	58	of	of	ADP
ejge-8925	54	59	the	the	DET
ejge-8925	54	60	two	two	NUM
ejge-8925	54	61	largest	large	ADJ
ejge-8925	54	62	economies	economy	NOUN
ejge-8925	54	63	in	in	ADP
ejge-8925	54	64	the	the	DET
ejge-8925	54	65	world	world	NOUN
ejge-8925	54	66	,	,	PUNCT
ejge-8925	54	67	the	the	DET
ejge-8925	54	68	ez	ez	PROPN
ejge-8925	54	69	and	and	CCONJ
ejge-8925	54	70	the	the	DET
ejge-8925	54	71	us	us	PROPN
ejge-8925	54	72	.	.	PUNCT
ejge-8925	55	1	this	this	DET
ejge-8925	55	2	work	work	NOUN
ejge-8925	55	3	comprises	comprise	VERB
ejge-8925	55	4	a	a	DET
ejge-8925	55	5	selection	selection	NOUN
ejge-8925	55	6	of	of	ADP
ejge-8925	55	7	some	some	DET
ejge-8925	55	8	key	key	ADJ
ejge-8925	55	9	determinants	determinant	NOUN
ejge-8925	55	10	that	that	PRON
ejge-8925	55	11	affect	affect	VERB
ejge-8925	55	12	the	the	DET
ejge-8925	55	13	cab	cab	NOUN
ejge-8925	55	14	in	in	ADP
ejge-8925	55	15	the	the	DET
ejge-8925	55	16	bilateral	bilateral	ADJ
ejge-8925	55	17	relationship	relationship	NOUN
ejge-8925	55	18	between	between	ADP
ejge-8925	55	19	the	the	DET
ejge-8925	55	20	eurozone	eurozone	NOUN
ejge-8925	55	21	and	and	CCONJ
ejge-8925	55	22	the	the	DET
ejge-8925	55	23	united	united	PROPN
ejge-8925	55	24	states	states	PROPN
ejge-8925	55	25	.	.	PUNCT
ejge-8925	56	1	the	the	DET
ejge-8925	56	2	first	first	ADJ
ejge-8925	56	3	determinant	determinant	NOUN
ejge-8925	56	4	identified	identify	VERB
ejge-8925	56	5	in	in	ADP
ejge-8925	56	6	the	the	DET
ejge-8925	56	7	literature	literature	NOUN
ejge-8925	56	8	as	as	ADP
ejge-8925	56	9	a	a	DET
ejge-8925	56	10	key	key	ADJ
ejge-8925	56	11	factor	factor	NOUN
ejge-8925	56	12	for	for	ADP
ejge-8925	56	13	the	the	DET
ejge-8925	56	14	current	current	ADJ
ejge-8925	56	15	account	account	NOUN
ejge-8925	56	16	flows	flow	NOUN
ejge-8925	56	17	is	be	AUX
ejge-8925	56	18	the	the	DET
ejge-8925	56	19	real	real	ADJ
ejge-8925	56	20	exchange	exchange	NOUN
ejge-8925	56	21	rate	rate	NOUN
ejge-8925	56	22	(	(	PUNCT
ejge-8925	56	23	rer	rer	NOUN
ejge-8925	56	24	)	)	PUNCT
ejge-8925	56	25	.	.	PUNCT
ejge-8925	57	1	the	the	DET
ejge-8925	57	2	net	net	ADJ
ejge-8925	57	3	export	export	NOUN
ejge-8925	57	4	component	component	NOUN
ejge-8925	57	5	of	of	ADP
ejge-8925	57	6	the	the	DET
ejge-8925	57	7	current	current	ADJ
ejge-8925	57	8	account	account	NOUN
ejge-8925	57	9	is	be	AUX
ejge-8925	57	10	commonly	commonly	ADV
ejge-8925	57	11	shown	show	VERB
ejge-8925	57	12	as	as	ADP
ejge-8925	57	13	a	a	DET
ejge-8925	57	14	function	function	NOUN
ejge-8925	57	15	of	of	ADP
ejge-8925	57	16	competitiveness	competitiveness	NOUN
ejge-8925	57	17	,	,	PUNCT
ejge-8925	57	18	rer	rer	NOUN
ejge-8925	57	19	,	,	PUNCT
ejge-8925	57	20	and	and	CCONJ
ejge-8925	57	21	certain	certain	ADJ
ejge-8925	57	22	other	other	ADJ
ejge-8925	57	23	external	external	ADJ
ejge-8925	57	24	factors	factor	NOUN
ejge-8925	57	25	.	.	PUNCT
ejge-8925	58	1	fluctuations	fluctuation	NOUN
ejge-8925	58	2	in	in	ADP
ejge-8925	58	3	the	the	DET
ejge-8925	58	4	currency	currency	NOUN
ejge-8925	58	5	rate	rate	NOUN
ejge-8925	58	6	influence	influence	NOUN
ejge-8925	58	7	the	the	DET
ejge-8925	58	8	balance	balance	NOUN
ejge-8925	58	9	of	of	ADP
ejge-8925	58	10	the	the	DET
ejge-8925	58	11	current	current	ADJ
ejge-8925	58	12	account	account	NOUN
ejge-8925	58	13	.	.	PUNCT
ejge-8925	59	1	a	a	DET
ejge-8925	59	2	currency	currency	NOUN
ejge-8925	59	3	depreciation	depreciation	NOUN
ejge-8925	59	4	,	,	PUNCT
ejge-8925	59	5	for	for	ADP
ejge-8925	59	6	example	example	NOUN
ejge-8925	59	7	,	,	PUNCT
ejge-8925	59	8	is	be	AUX
ejge-8925	59	9	anticipated	anticipate	VERB
ejge-8925	59	10	to	to	PART
ejge-8925	59	11	rise	rise	VERB
ejge-8925	59	12	the	the	DET
ejge-8925	59	13	current	current	ADJ
ejge-8925	59	14	account	account	NOUN
ejge-8925	59	15	and	and	CCONJ
ejge-8925	59	16	lower	lower	VERB
ejge-8925	59	17	the	the	DET
ejge-8925	59	18	deficit	deficit	NOUN
ejge-8925	59	19	.	.	PUNCT
ejge-8925	60	1	previously	previously	ADV
ejge-8925	60	2	,	,	PUNCT
ejge-8925	60	3	if	if	SCONJ
ejge-8925	60	4	the	the	DET
ejge-8925	60	5	exchange	exchange	NOUN
ejge-8925	60	6	rate	rate	NOUN
ejge-8925	60	7	falls	fall	VERB
ejge-8925	60	8	,	,	PUNCT
ejge-8925	60	9	the	the	DET
ejge-8925	60	10	foreign	foreign	ADJ
ejge-8925	60	11	price	price	NOUN
ejge-8925	60	12	of	of	ADP
ejge-8925	60	13	this	this	DET
ejge-8925	60	14	country	country	NOUN
ejge-8925	60	15	's	's	PART
ejge-8925	60	16	net	net	ADJ
ejge-8925	60	17	exports	export	NOUN
ejge-8925	60	18	will	will	AUX
ejge-8925	60	19	fall	fall	VERB
ejge-8925	60	20	.	.	PUNCT
ejge-8925	61	1	this	this	DET
ejge-8925	61	2	phenomenon	phenomenon	NOUN
ejge-8925	61	3	will	will	AUX
ejge-8925	61	4	give	give	VERB
ejge-8925	61	5	the	the	DET
ejge-8925	61	6	impression	impression	NOUN
ejge-8925	61	7	that	that	SCONJ
ejge-8925	61	8	the	the	DET
ejge-8925	61	9	nation	nation	NOUN
ejge-8925	61	10	is	be	AUX
ejge-8925	61	11	more	more	ADV
ejge-8925	61	12	competitive	competitive	ADJ
ejge-8925	61	13	and	and	CCONJ
ejge-8925	61	14	subsequently	subsequently	ADV
ejge-8925	61	15	,	,	PUNCT
ejge-8925	61	16	an	an	DET
ejge-8925	61	17	upsurge	upsurge	NOUN
ejge-8925	61	18	in	in	ADP
ejge-8925	61	19	the	the	DET
ejge-8925	61	20	number	number	NOUN
ejge-8925	61	21	of	of	ADP
ejge-8925	61	22	exports	export	NOUN
ejge-8925	61	23	will	will	AUX
ejge-8925	61	24	occur	occur	VERB
ejge-8925	61	25	.	.	PUNCT
ejge-8925	62	1	depreciation	depreciation	NOUN
ejge-8925	62	2	causes	cause	VERB
ejge-8925	62	3	an	an	DET
ejge-8925	62	4	upsurge	upsurge	NOUN
ejge-8925	62	5	in	in	ADP
ejge-8925	62	6	the	the	DET
ejge-8925	62	7	current	current	ADJ
ejge-8925	62	8	account	account	NOUN
ejge-8925	62	9	deficit	deficit	NOUN
ejge-8925	62	10	,	,	PUNCT
ejge-8925	62	11	which	which	PRON
ejge-8925	62	12	increases	increase	VERB
ejge-8925	62	13	the	the	DET
ejge-8925	62	14	value	value	NOUN
ejge-8925	62	15	of	of	ADP
ejge-8925	62	16	gerassimos	gerassimos	PROPN
ejge-8925	62	17	bertsatos	bertsatos	PROPN
ejge-8925	62	18	/	/	SYM
ejge-8925	62	19	european	european	PROPN
ejge-8925	62	20	journal	journal	PROPN
ejge-8925	62	21	of	of	ADP
ejge-8925	62	22	government	government	NOUN
ejge-8925	62	23	and	and	CCONJ
ejge-8925	62	24	economics	economic	NOUN
ejge-8925	62	25	11(2	11(2	NUM
ejge-8925	62	26	)	)	PUNCT
ejge-8925	62	27	,	,	PUNCT
ejge-8925	62	28	december	december	PROPN
ejge-8925	62	29	2022	2022	NUM
ejge-8925	62	30	,	,	PUNCT
ejge-8925	62	31	141	141	NUM
ejge-8925	62	32	-	-	SYM
ejge-8925	62	33	166	166	NUM
ejge-8925	62	34	144	144	NUM
ejge-8925	62	35	exports	export	NOUN
ejge-8925	62	36	since	since	SCONJ
ejge-8925	62	37	export	export	NOUN
ejge-8925	62	38	demand	demand	NOUN
ejge-8925	62	39	is	be	AUX
ejge-8925	62	40	relatively	relatively	ADV
ejge-8925	62	41	elastic	elastic	ADJ
ejge-8925	62	42	.	.	PUNCT
ejge-8925	63	1	(	(	PUNCT
ejge-8925	63	2	kandil	kandil	NOUN
ejge-8925	63	3	,	,	PUNCT
ejge-8925	63	4	2009	2009	NUM
ejge-8925	63	5	;	;	PUNCT
ejge-8925	63	6	purwono	purwono	NOUN
ejge-8925	63	7	et	et	PROPN
ejge-8925	63	8	al	al	PROPN
ejge-8925	63	9	.	.	PROPN
ejge-8925	63	10	,	,	PUNCT
ejge-8925	63	11	2018	2018	NUM
ejge-8925	63	12	)	)	PUNCT
ejge-8925	63	13	.	.	PUNCT
ejge-8925	64	1	a	a	DET
ejge-8925	64	2	depreciation	depreciation	NOUN
ejge-8925	64	3	in	in	ADP
ejge-8925	64	4	the	the	DET
ejge-8925	64	5	exchange	exchange	NOUN
ejge-8925	64	6	rate	rate	NOUN
ejge-8925	64	7	,	,	PUNCT
ejge-8925	64	8	alternatively	alternatively	ADV
ejge-8925	64	9	,	,	PUNCT
ejge-8925	64	10	will	will	AUX
ejge-8925	64	11	raise	raise	VERB
ejge-8925	64	12	the	the	DET
ejge-8925	64	13	cost	cost	NOUN
ejge-8925	64	14	of	of	ADP
ejge-8925	64	15	purchasing	purchase	VERB
ejge-8925	64	16	imported	import	VERB
ejge-8925	64	17	products	product	NOUN
ejge-8925	64	18	.	.	PUNCT
ejge-8925	65	1	therefore	therefore	ADV
ejge-8925	65	2	,	,	PUNCT
ejge-8925	65	3	there	there	PRON
ejge-8925	65	4	will	will	AUX
ejge-8925	65	5	be	be	AUX
ejge-8925	65	6	less	less	ADJ
ejge-8925	65	7	demand	demand	NOUN
ejge-8925	65	8	for	for	ADP
ejge-8925	65	9	imported	import	VERB
ejge-8925	65	10	goods	good	NOUN
ejge-8925	65	11	,	,	PUNCT
ejge-8925	65	12	which	which	PRON
ejge-8925	65	13	will	will	AUX
ejge-8925	65	14	assist	assist	VERB
ejge-8925	65	15	to	to	PART
ejge-8925	65	16	minimize	minimize	VERB
ejge-8925	65	17	the	the	DET
ejge-8925	65	18	current	current	ADJ
ejge-8925	65	19	account	account	NOUN
ejge-8925	65	20	deficit	deficit	NOUN
ejge-8925	65	21	.	.	PUNCT
ejge-8925	66	1	hence	hence	ADV
ejge-8925	66	2	,	,	PUNCT
ejge-8925	66	3	as	as	SCONJ
ejge-8925	66	4	the	the	DET
ejge-8925	66	5	theory	theory	NOUN
ejge-8925	66	6	suggests	suggest	VERB
ejge-8925	66	7	,	,	PUNCT
ejge-8925	66	8	a	a	DET
ejge-8925	66	9	depreciation	depreciation	NOUN
ejge-8925	66	10	in	in	ADP
ejge-8925	66	11	the	the	DET
ejge-8925	66	12	exchange	exchange	NOUN
ejge-8925	66	13	rate	rate	NOUN
ejge-8925	66	14	increases	increase	VERB
ejge-8925	66	15	cab	cab	NOUN
ejge-8925	66	16	and	and	CCONJ
ejge-8925	66	17	vice	vice	NOUN
ejge-8925	66	18	versa1	versa1	NOUN
ejge-8925	66	19	.	.	PUNCT
ejge-8925	67	1	calderon	calderon	PROPN
ejge-8925	67	2	et	et	PROPN
ejge-8925	67	3	al	al	PROPN
ejge-8925	67	4	.	.	PROPN
ejge-8925	68	1	(	(	PUNCT
ejge-8925	68	2	2007	2007	NUM
ejge-8925	68	3	)	)	PUNCT
ejge-8925	68	4	conducted	conduct	VERB
ejge-8925	68	5	empirical	empirical	ADJ
ejge-8925	68	6	research	research	NOUN
ejge-8925	68	7	regarding	regard	VERB
ejge-8925	68	8	the	the	DET
ejge-8925	68	9	current	current	ADJ
ejge-8925	68	10	account	account	NOUN
ejge-8925	68	11	in	in	ADP
ejge-8925	68	12	emerging	emerge	VERB
ejge-8925	68	13	countries	country	NOUN
ejge-8925	68	14	.	.	PUNCT
ejge-8925	69	1	the	the	DET
ejge-8925	69	2	authors	author	NOUN
ejge-8925	69	3	identified	identify	VERB
ejge-8925	69	4	a	a	DET
ejge-8925	69	5	negative	negative	ADJ
ejge-8925	69	6	association	association	NOUN
ejge-8925	69	7	between	between	ADP
ejge-8925	69	8	the	the	DET
ejge-8925	69	9	current	current	ADJ
ejge-8925	69	10	deficit	deficit	NOUN
ejge-8925	69	11	,	,	PUNCT
ejge-8925	69	12	a	a	DET
ejge-8925	69	13	decline	decline	NOUN
ejge-8925	69	14	in	in	ADP
ejge-8925	69	15	terms	term	NOUN
ejge-8925	69	16	of	of	ADP
ejge-8925	69	17	trade	trade	NOUN
ejge-8925	69	18	,	,	PUNCT
ejge-8925	69	19	and	and	CCONJ
ejge-8925	69	20	an	an	DET
ejge-8925	69	21	appreciation	appreciation	NOUN
ejge-8925	69	22	of	of	ADP
ejge-8925	69	23	the	the	DET
ejge-8925	69	24	rer	rer	PROPN
ejge-8925	69	25	.	.	PUNCT
ejge-8925	70	1	furthermore	furthermore	ADV
ejge-8925	70	2	,	,	PUNCT
ejge-8925	70	3	prat	prat	NOUN
ejge-8925	70	4	et	et	PROPN
ejge-8925	70	5	al	al	PROPN
ejge-8925	70	6	.	.	PROPN
ejge-8925	71	1	(	(	PUNCT
ejge-8925	71	2	2010	2010	NUM
ejge-8925	71	3	)	)	PUNCT
ejge-8925	71	4	,	,	PUNCT
ejge-8925	71	5	while	while	SCONJ
ejge-8925	71	6	assessing	assess	VERB
ejge-8925	71	7	the	the	DET
ejge-8925	71	8	current	current	ADJ
ejge-8925	71	9	account	account	NOUN
ejge-8925	71	10	balance	balance	NOUN
ejge-8925	71	11	for	for	ADP
ejge-8925	71	12	emerging	emerge	VERB
ejge-8925	71	13	countries	country	NOUN
ejge-8925	71	14	as	as	ADV
ejge-8925	71	15	well	well	ADV
ejge-8925	71	16	,	,	PUNCT
ejge-8925	71	17	came	come	VERB
ejge-8925	71	18	across	across	ADP
ejge-8925	71	19	that	that	SCONJ
ejge-8925	71	20	the	the	DET
ejge-8925	71	21	budget	budget	NOUN
ejge-8925	71	22	balance	balance	NOUN
ejge-8925	71	23	has	have	VERB
ejge-8925	71	24	a	a	DET
ejge-8925	71	25	significant	significant	ADJ
ejge-8925	71	26	impact	impact	NOUN
ejge-8925	71	27	on	on	ADP
ejge-8925	71	28	the	the	DET
ejge-8925	71	29	current	current	ADJ
ejge-8925	71	30	account	account	NOUN
ejge-8925	71	31	,	,	PUNCT
ejge-8925	71	32	and	and	CCONJ
ejge-8925	71	33	that	that	SCONJ
ejge-8925	71	34	this	this	PRON
ejge-8925	71	35	is	be	AUX
ejge-8925	71	36	enhanced	enhance	VERB
ejge-8925	71	37	by	by	ADP
ejge-8925	71	38	an	an	DET
ejge-8925	71	39	increase	increase	NOUN
ejge-8925	71	40	in	in	ADP
ejge-8925	71	41	net	net	ADJ
ejge-8925	71	42	foreign	foreign	ADJ
ejge-8925	71	43	assets	asset	NOUN
ejge-8925	71	44	.	.	PUNCT
ejge-8925	72	1	falk	falk	NOUN
ejge-8925	72	2	(	(	PUNCT
ejge-8925	72	3	2008	2008	NUM
ejge-8925	72	4	)	)	PUNCT
ejge-8925	72	5	concluded	conclude	VERB
ejge-8925	72	6	that	that	SCONJ
ejge-8925	72	7	a	a	DET
ejge-8925	72	8	depreciation	depreciation	NOUN
ejge-8925	72	9	of	of	ADP
ejge-8925	72	10	the	the	DET
ejge-8925	72	11	real	real	ADJ
ejge-8925	72	12	effective	effective	ADJ
ejge-8925	72	13	exchange	exchange	NOUN
ejge-8925	72	14	rate	rate	NOUN
ejge-8925	72	15	indicates	indicate	VERB
ejge-8925	72	16	that	that	SCONJ
ejge-8925	72	17	the	the	DET
ejge-8925	72	18	trade	trade	NOUN
ejge-8925	72	19	balance	balance	NOUN
ejge-8925	72	20	is	be	AUX
ejge-8925	72	21	enchanted	enchant	VERB
ejge-8925	72	22	;	;	PUNCT
ejge-8925	72	23	in	in	ADP
ejge-8925	72	24	nations	nation	NOUN
ejge-8925	72	25	with	with	ADP
ejge-8925	72	26	a	a	DET
ejge-8925	72	27	large	large	ADJ
ejge-8925	72	28	positive	positive	ADJ
ejge-8925	72	29	net	net	ADJ
ejge-8925	72	30	foreign	foreign	ADJ
ejge-8925	72	31	investment	investment	NOUN
ejge-8925	72	32	holding	holding	NOUN
ejge-8925	72	33	and	and	CCONJ
ejge-8925	72	34	a	a	DET
ejge-8925	72	35	negative	negative	ADJ
ejge-8925	72	36	trade	trade	NOUN
ejge-8925	72	37	balance	balance	NOUN
ejge-8925	72	38	,	,	PUNCT
ejge-8925	72	39	the	the	DET
ejge-8925	72	40	trade	trade	NOUN
ejge-8925	72	41	balance	balance	NOUN
ejge-8925	72	42	is	be	AUX
ejge-8925	72	43	less	less	ADV
ejge-8925	72	44	responsive	responsive	ADJ
ejge-8925	72	45	to	to	ADP
ejge-8925	72	46	fluctuations	fluctuation	NOUN
ejge-8925	72	47	in	in	ADP
ejge-8925	72	48	the	the	DET
ejge-8925	72	49	real	real	ADJ
ejge-8925	72	50	effective	effective	ADJ
ejge-8925	72	51	exchange	exchange	NOUN
ejge-8925	72	52	rate	rate	NOUN
ejge-8925	72	53	.	.	PUNCT
ejge-8925	73	1	the	the	DET
ejge-8925	73	2	second	second	ADJ
ejge-8925	73	3	determinant	determinant	NOUN
ejge-8925	73	4	of	of	ADP
ejge-8925	73	5	the	the	DET
ejge-8925	73	6	current	current	ADJ
ejge-8925	73	7	account	account	NOUN
ejge-8925	73	8	included	include	VERB
ejge-8925	73	9	in	in	ADP
ejge-8925	73	10	the	the	DET
ejge-8925	73	11	model	model	NOUN
ejge-8925	73	12	is	be	AUX
ejge-8925	73	13	the	the	DET
ejge-8925	73	14	budget	budget	NOUN
ejge-8925	73	15	deficit	deficit	NOUN
ejge-8925	73	16	.	.	PUNCT
ejge-8925	74	1	a	a	DET
ejge-8925	74	2	budget	budget	NOUN
ejge-8925	74	3	deficit	deficit	NOUN
ejge-8925	74	4	or	or	CCONJ
ejge-8925	74	5	fiscal	fiscal	ADJ
ejge-8925	74	6	deficit	deficit	NOUN
ejge-8925	74	7	emerges	emerge	VERB
ejge-8925	74	8	as	as	ADV
ejge-8925	74	9	soon	soon	ADV
ejge-8925	74	10	as	as	SCONJ
ejge-8925	74	11	a	a	DET
ejge-8925	74	12	nation	nation	NOUN
ejge-8925	74	13	's	's	PART
ejge-8925	74	14	expenditure	expenditure	NOUN
ejge-8925	74	15	surpasses	surpass	VERB
ejge-8925	74	16	its	its	PRON
ejge-8925	74	17	revenues	revenue	NOUN
ejge-8925	74	18	.	.	PUNCT
ejge-8925	75	1	almost	almost	ADV
ejge-8925	75	2	every	every	PRON
ejge-8925	75	3	year	year	NOUN
ejge-8925	75	4	,	,	PUNCT
ejge-8925	75	5	the	the	DET
ejge-8925	75	6	united	united	PROPN
ejge-8925	75	7	states	states	PROPN
ejge-8925	75	8	has	have	AUX
ejge-8925	75	9	been	be	AUX
ejge-8925	75	10	running	run	VERB
ejge-8925	75	11	fiscal	fiscal	ADJ
ejge-8925	75	12	deficits	deficit	NOUN
ejge-8925	75	13	for	for	ADP
ejge-8925	75	14	decades	decade	NOUN
ejge-8925	75	15	past	past	ADV
ejge-8925	75	16	.	.	PUNCT
ejge-8925	76	1	naturally	naturally	ADV
ejge-8925	76	2	,	,	PUNCT
ejge-8925	76	3	a	a	DET
ejge-8925	76	4	fiscal	fiscal	ADJ
ejge-8925	76	5	deficit	deficit	NOUN
ejge-8925	76	6	does	do	AUX
ejge-8925	76	7	not	not	PART
ejge-8925	76	8	seem	seem	VERB
ejge-8925	76	9	like	like	ADP
ejge-8925	76	10	a	a	DET
ejge-8925	76	11	pleasant	pleasant	ADJ
ejge-8925	76	12	situation	situation	NOUN
ejge-8925	76	13	for	for	ADP
ejge-8925	76	14	governments	government	NOUN
ejge-8925	76	15	.	.	PUNCT
ejge-8925	77	1	but	but	CCONJ
ejge-8925	77	2	then	then	ADV
ejge-8925	77	3	again	again	ADV
ejge-8925	77	4	,	,	PUNCT
ejge-8925	77	5	arguments	argument	NOUN
ejge-8925	77	6	from	from	ADP
ejge-8925	77	7	the	the	DET
ejge-8925	77	8	economists	economist	NOUN
ejge-8925	77	9	who	who	PRON
ejge-8925	77	10	support	support	VERB
ejge-8925	77	11	the	the	DET
ejge-8925	77	12	keynesian	keynesian	ADJ
ejge-8925	77	13	view	view	NOUN
ejge-8925	77	14	propose	propose	VERB
ejge-8925	77	15	that	that	SCONJ
ejge-8925	77	16	deficits	deficit	NOUN
ejge-8925	77	17	are	be	AUX
ejge-8925	77	18	not	not	PART
ejge-8925	77	19	always	always	ADV
ejge-8925	77	20	damaging	damage	VERB
ejge-8925	77	21	to	to	ADP
ejge-8925	77	22	an	an	DET
ejge-8925	77	23	economy	economy	NOUN
ejge-8925	77	24	.	.	PUNCT
ejge-8925	78	1	nonetheless	nonetheless	ADV
ejge-8925	78	2	,	,	PUNCT
ejge-8925	78	3	deficit	deficit	NOUN
ejge-8925	78	4	spending	spending	NOUN
ejge-8925	78	5	can	can	AUX
ejge-8925	78	6	be	be	AUX
ejge-8925	78	7	a	a	DET
ejge-8925	78	8	favorite	favorite	ADJ
ejge-8925	78	9	instrument	instrument	NOUN
ejge-8925	78	10	for	for	ADP
ejge-8925	78	11	kickstarting	kickstarte	VERB
ejge-8925	78	12	a	a	DET
ejge-8925	78	13	non	non	ADJ
ejge-8925	78	14	-	-	ADJ
ejge-8925	78	15	productive	productive	ADJ
ejge-8925	78	16	economy	economy	NOUN
ejge-8925	78	17	.	.	PUNCT
ejge-8925	79	1	in	in	ADP
ejge-8925	79	2	the	the	DET
ejge-8925	79	3	literature	literature	NOUN
ejge-8925	79	4	,	,	PUNCT
ejge-8925	79	5	the	the	DET
ejge-8925	79	6	link	link	NOUN
ejge-8925	79	7	between	between	ADP
ejge-8925	79	8	the	the	DET
ejge-8925	79	9	budget	budget	NOUN
ejge-8925	79	10	deficit	deficit	NOUN
ejge-8925	79	11	and	and	CCONJ
ejge-8925	79	12	the	the	DET
ejge-8925	79	13	current	current	ADJ
ejge-8925	79	14	account	account	NOUN
ejge-8925	79	15	deficit	deficit	NOUN
ejge-8925	79	16	is	be	AUX
ejge-8925	79	17	one	one	NUM
ejge-8925	79	18	of	of	ADP
ejge-8925	79	19	the	the	DET
ejge-8925	79	20	most	most	ADV
ejge-8925	79	21	controversial	controversial	ADJ
ejge-8925	79	22	issues	issue	NOUN
ejge-8925	79	23	.	.	PUNCT
ejge-8925	80	1	the	the	DET
ejge-8925	80	2	conclusions	conclusion	NOUN
ejge-8925	80	3	drawn	draw	VERB
ejge-8925	80	4	from	from	ADP
ejge-8925	80	5	this	this	DET
ejge-8925	80	6	relationship	relationship	NOUN
ejge-8925	80	7	guide	guide	NOUN
ejge-8925	80	8	policymakers	policymaker	NOUN
ejge-8925	80	9	in	in	ADP
ejge-8925	80	10	regulating	regulate	VERB
ejge-8925	80	11	the	the	DET
ejge-8925	80	12	preferred	preferred	ADJ
ejge-8925	80	13	policy	policy	NOUN
ejge-8925	80	14	and	and	CCONJ
ejge-8925	80	15	the	the	DET
ejge-8925	80	16	economic	economic	ADJ
ejge-8925	80	17	policy	policy	NOUN
ejge-8925	80	18	to	to	PART
ejge-8925	80	19	be	be	AUX
ejge-8925	80	20	implemented	implement	VERB
ejge-8925	80	21	.	.	PUNCT
ejge-8925	81	1	there	there	PRON
ejge-8925	81	2	are	be	VERB
ejge-8925	81	3	two	two	NUM
ejge-8925	81	4	approaches	approach	NOUN
ejge-8925	81	5	to	to	ADP
ejge-8925	81	6	analyzing	analyze	VERB
ejge-8925	81	7	the	the	DET
ejge-8925	81	8	link	link	NOUN
ejge-8925	81	9	between	between	ADP
ejge-8925	81	10	budget	budget	NOUN
ejge-8925	81	11	deficit	deficit	NOUN
ejge-8925	81	12	and	and	CCONJ
ejge-8925	81	13	current	current	ADJ
ejge-8925	81	14	account	account	NOUN
ejge-8925	81	15	deficit	deficit	NOUN
ejge-8925	81	16	:	:	PUNCT
ejge-8925	81	17	1	1	X
ejge-8925	81	18	)	)	PUNCT
ejge-8925	81	19	the	the	DET
ejge-8925	81	20	keynesian	keynesian	ADJ
ejge-8925	81	21	view	view	NOUN
ejge-8925	81	22	,	,	PUNCT
ejge-8925	81	23	in	in	ADP
ejge-8925	81	24	which	which	PRON
ejge-8925	81	25	the	the	DET
ejge-8925	81	26	budget	budget	NOUN
ejge-8925	81	27	deficit	deficit	NOUN
ejge-8925	81	28	influences	influence	VERB
ejge-8925	81	29	the	the	DET
ejge-8925	81	30	deficit	deficit	NOUN
ejge-8925	81	31	of	of	ADP
ejge-8925	81	32	the	the	DET
ejge-8925	81	33	current	current	ADJ
ejge-8925	81	34	account	account	NOUN
ejge-8925	81	35	.	.	PUNCT
ejge-8925	82	1	in	in	ADP
ejge-8925	82	2	further	further	ADJ
ejge-8925	82	3	depth	depth	NOUN
ejge-8925	82	4	,	,	PUNCT
ejge-8925	82	5	a	a	DET
ejge-8925	82	6	causal	causal	ADJ
ejge-8925	82	7	link	link	NOUN
ejge-8925	82	8	exists	exist	VERB
ejge-8925	82	9	between	between	ADP
ejge-8925	82	10	the	the	DET
ejge-8925	82	11	budget	budget	NOUN
ejge-8925	82	12	deficit	deficit	NOUN
ejge-8925	82	13	and	and	CCONJ
ejge-8925	82	14	the	the	DET
ejge-8925	82	15	current	current	ADJ
ejge-8925	82	16	account	account	NOUN
ejge-8925	82	17	deficit	deficit	NOUN
ejge-8925	82	18	.	.	PUNCT
ejge-8925	83	1	if	if	SCONJ
ejge-8925	83	2	this	this	DET
ejge-8925	83	3	relationship	relationship	NOUN
ejge-8925	83	4	is	be	AUX
ejge-8925	83	5	positive	positive	ADJ
ejge-8925	83	6	,	,	PUNCT
ejge-8925	83	7	the	the	DET
ejge-8925	83	8	twin	twin	ADJ
ejge-8925	83	9	deficit	deficit	NOUN
ejge-8925	83	10	hypothesis	hypothesis	NOUN
ejge-8925	83	11	can	can	AUX
ejge-8925	83	12	be	be	AUX
ejge-8925	83	13	used	use	VERB
ejge-8925	83	14	to	to	PART
ejge-8925	83	15	explain	explain	VERB
ejge-8925	83	16	it	it	PRON
ejge-8925	83	17	.	.	PUNCT
ejge-8925	84	1	2	2	X
ejge-8925	84	2	)	)	PUNCT
ejge-8925	84	3	the	the	DET
ejge-8925	84	4	ricardian	ricardian	ADJ
ejge-8925	84	5	equivalence	equivalence	NOUN
ejge-8925	84	6	,	,	PUNCT
ejge-8925	84	7	which	which	PRON
ejge-8925	84	8	asserts	assert	VERB
ejge-8925	84	9	that	that	SCONJ
ejge-8925	84	10	the	the	DET
ejge-8925	84	11	two	two	NUM
ejge-8925	84	12	deficits	deficit	NOUN
ejge-8925	84	13	are	be	AUX
ejge-8925	84	14	uncorrelated	uncorrelated	ADJ
ejge-8925	84	15	.	.	PUNCT
ejge-8925	85	1	under	under	ADP
ejge-8925	85	2	the	the	DET
ejge-8925	85	3	rational	rational	ADJ
ejge-8925	85	4	expectations	expectation	NOUN
ejge-8925	85	5	hypothesis	hypothesis	NOUN
ejge-8925	85	6	,	,	PUNCT
ejge-8925	85	7	an	an	DET
ejge-8925	85	8	upsurge	upsurge	NOUN
ejge-8925	85	9	in	in	ADP
ejge-8925	85	10	public	public	ADJ
ejge-8925	85	11	expenditure	expenditure	NOUN
ejge-8925	85	12	funded	fund	VERB
ejge-8925	85	13	by	by	ADP
ejge-8925	85	14	issuing	issue	VERB
ejge-8925	85	15	bonds	bond	NOUN
ejge-8925	85	16	induces	induce	VERB
ejge-8925	85	17	a	a	DET
ejge-8925	85	18	rise	rise	NOUN
ejge-8925	85	19	in	in	ADP
ejge-8925	85	20	savings	saving	NOUN
ejge-8925	85	21	to	to	PART
ejge-8925	85	22	pay	pay	VERB
ejge-8925	85	23	for	for	ADP
ejge-8925	85	24	future	future	ADJ
ejge-8925	85	25	tax	tax	NOUN
ejge-8925	85	26	increases	increase	NOUN
ejge-8925	85	27	to	to	PART
ejge-8925	85	28	repay	repay	VERB
ejge-8925	85	29	the	the	DET
ejge-8925	85	30	current	current	ADJ
ejge-8925	85	31	increase	increase	NOUN
ejge-8925	85	32	in	in	ADP
ejge-8925	85	33	borrowing	borrowing	NOUN
ejge-8925	85	34	.	.	PUNCT
ejge-8925	86	1	in	in	ADP
ejge-8925	86	2	osoro	osoro	ADP
ejge-8925	86	3	’s	’s	NOUN
ejge-8925	86	4	et	et	PROPN
ejge-8925	86	5	al	al	PROPN
ejge-8925	86	6	.	.	PUNCT
ejge-8925	87	1	(	(	PUNCT
ejge-8925	87	2	2014	2014	NUM
ejge-8925	87	3	)	)	PUNCT
ejge-8925	87	4	study	study	NOUN
ejge-8925	87	5	,	,	PUNCT
ejge-8925	87	6	an	an	DET
ejge-8925	87	7	investigation	investigation	NOUN
ejge-8925	87	8	into	into	ADP
ejge-8925	87	9	the	the	DET
ejge-8925	87	10	twin	twin	ADJ
ejge-8925	87	11	deficit	deficit	NOUN
ejge-8925	87	12	hypothesis	hypothesis	NOUN
ejge-8925	87	13	has	have	AUX
ejge-8925	87	14	been	be	AUX
ejge-8925	87	15	done	do	VERB
ejge-8925	87	16	,	,	PUNCT
ejge-8925	87	17	as	as	ADV
ejge-8925	87	18	well	well	ADV
ejge-8925	87	19	as	as	ADP
ejge-8925	87	20	a	a	DET
ejge-8925	87	21	statistical	statistical	ADJ
ejge-8925	87	22	analysis	analysis	NOUN
ejge-8925	87	23	of	of	ADP
ejge-8925	87	24	the	the	DET
ejge-8925	87	25	link	link	NOUN
ejge-8925	87	26	between	between	ADP
ejge-8925	87	27	the	the	DET
ejge-8925	87	28	budget	budget	NOUN
ejge-8925	87	29	and	and	CCONJ
ejge-8925	87	30	current	current	ADJ
ejge-8925	87	31	account	account	NOUN
ejge-8925	87	32	balances	balance	NOUN
ejge-8925	87	33	,	,	PUNCT
ejge-8925	87	34	as	as	ADV
ejge-8925	87	35	well	well	ADV
ejge-8925	87	36	as	as	ADP
ejge-8925	87	37	major	major	ADJ
ejge-8925	87	38	macroeconomic	macroeconomic	ADJ
ejge-8925	87	39	variables	variable	NOUN
ejge-8925	87	40	for	for	ADP
ejge-8925	87	41	the	the	DET
ejge-8925	87	42	republic	republic	NOUN
ejge-8925	87	43	of	of	ADP
ejge-8925	87	44	kenya	kenya	PROPN
ejge-8925	87	45	for	for	ADP
ejge-8925	87	46	196	196	NUM
ejge-8925	87	47	years	year	NOUN
ejge-8925	87	48	.	.	PUNCT
ejge-8925	88	1	the	the	DET
ejge-8925	88	2	budget	budget	NOUN
ejge-8925	88	3	deficit	deficit	NOUN
ejge-8925	88	4	and	and	CCONJ
ejge-8925	88	5	the	the	DET
ejge-8925	88	6	current	current	ADJ
ejge-8925	88	7	account	account	NOUN
ejge-8925	88	8	deficit	deficit	NOUN
ejge-8925	88	9	have	have	VERB
ejge-8925	88	10	a	a	DET
ejge-8925	88	11	positive	positive	ADJ
ejge-8925	88	12	and	and	CCONJ
ejge-8925	88	13	substantial	substantial	ADJ
ejge-8925	88	14	connection	connection	NOUN
ejge-8925	88	15	,	,	PUNCT
ejge-8925	88	16	according	accord	VERB
ejge-8925	88	17	to	to	ADP
ejge-8925	88	18	empirical	empirical	ADJ
ejge-8925	88	19	findings	finding	NOUN
ejge-8925	88	20	.	.	PUNCT
ejge-8925	89	1	the	the	DET
ejge-8925	89	2	cointegrating	cointegrate	VERB
ejge-8925	89	3	slope	slope	NOUN
ejge-8925	89	4	coefficient	coefficient	NOUN
ejge-8925	89	5	's	's	PART
ejge-8925	89	6	sign	sign	NOUN
ejge-8925	89	7	indicates	indicate	VERB
ejge-8925	89	8	a	a	DET
ejge-8925	89	9	positive	positive	ADJ
ejge-8925	89	10	link	link	NOUN
ejge-8925	89	11	between	between	ADP
ejge-8925	89	12	interest	interest	NOUN
ejge-8925	89	13	rates	rate	NOUN
ejge-8925	89	14	1	1	NUM
ejge-8925	89	15	this	this	PRON
ejge-8925	89	16	holds	hold	VERB
ejge-8925	89	17	under	under	ADP
ejge-8925	89	18	the	the	DET
ejge-8925	89	19	bickerdike	bickerdike	ADJ
ejge-8925	89	20	-	-	PUNCT
ejge-8925	89	21	robinson	robinson	NOUN
ejge-8925	89	22	-	-	PUNCT
ejge-8925	89	23	metzler	metzler	NOUN
ejge-8925	89	24	condition	condition	NOUN
ejge-8925	89	25	of	of	ADP
ejge-8925	89	26	trade	trade	NOUN
ejge-8925	89	27	balance	balance	NOUN
ejge-8925	89	28	improvements	improvement	NOUN
ejge-8925	89	29	after	after	ADP
ejge-8925	89	30	a	a	DET
ejge-8925	89	31	currency	currency	NOUN
ejge-8925	89	32	depreciation	depreciation	NOUN
ejge-8925	89	33	.	.	PUNCT
ejge-8925	90	1	import	import	NOUN
ejge-8925	90	2	-	-	PUNCT
ejge-8925	90	3	export	export	NOUN
ejge-8925	90	4	demand	demand	NOUN
ejge-8925	90	5	and	and	CCONJ
ejge-8925	90	6	supply	supply	NOUN
ejge-8925	90	7	elasticities	elasticity	NOUN
ejge-8925	90	8	,	,	PUNCT
ejge-8925	90	9	as	as	ADV
ejge-8925	90	10	well	well	ADV
ejge-8925	90	11	as	as	ADP
ejge-8925	90	12	initial	initial	ADJ
ejge-8925	90	13	volume	volume	NOUN
ejge-8925	90	14	of	of	ADP
ejge-8925	90	15	trade	trade	NOUN
ejge-8925	90	16	,	,	PUNCT
ejge-8925	90	17	are	be	AUX
ejge-8925	90	18	said	say	VERB
ejge-8925	90	19	to	to	PART
ejge-8925	90	20	affect	affect	VERB
ejge-8925	90	21	changes	change	NOUN
ejge-8925	90	22	in	in	ADP
ejge-8925	90	23	the	the	DET
ejge-8925	90	24	foreign	foreign	ADJ
ejge-8925	90	25	currency	currency	NOUN
ejge-8925	90	26	value	value	NOUN
ejge-8925	90	27	of	of	ADP
ejge-8925	90	28	the	the	DET
ejge-8925	90	29	trade	trade	NOUN
ejge-8925	90	30	balance	balance	NOUN
ejge-8925	90	31	.	.	PUNCT
ejge-8925	91	1	gerassimos	gerassimos	PROPN
ejge-8925	91	2	bertsatos	bertsatos	PROPN
ejge-8925	91	3	/	/	SYM
ejge-8925	91	4	european	european	PROPN
ejge-8925	91	5	journal	journal	PROPN
ejge-8925	91	6	of	of	ADP
ejge-8925	91	7	government	government	NOUN
ejge-8925	91	8	and	and	CCONJ
ejge-8925	91	9	economics	economic	NOUN
ejge-8925	91	10	11(2	11(2	NUM
ejge-8925	91	11	)	)	PUNCT
ejge-8925	91	12	,	,	PUNCT
ejge-8925	91	13	december	december	PROPN
ejge-8925	91	14	2022	2022	NUM
ejge-8925	91	15	,	,	PUNCT
ejge-8925	91	16	141	141	NUM
ejge-8925	91	17	-	-	SYM
ejge-8925	91	18	166	166	NUM
ejge-8925	91	19	145	145	NUM
ejge-8925	91	20	and	and	CCONJ
ejge-8925	91	21	the	the	DET
ejge-8925	91	22	current	current	ADJ
ejge-8925	91	23	account	account	NOUN
ejge-8925	91	24	deficit	deficit	NOUN
ejge-8925	91	25	,	,	PUNCT
ejge-8925	91	26	as	as	ADV
ejge-8925	91	27	well	well	ADV
ejge-8925	91	28	as	as	ADP
ejge-8925	91	29	a	a	DET
ejge-8925	91	30	negative	negative	ADJ
ejge-8925	91	31	relationship	relationship	NOUN
ejge-8925	91	32	between	between	ADP
ejge-8925	91	33	gdp	gdp	NOUN
ejge-8925	91	34	and	and	CCONJ
ejge-8925	91	35	the	the	DET
ejge-8925	91	36	money	money	NOUN
ejge-8925	91	37	supply	supply	NOUN
ejge-8925	91	38	.	.	PUNCT
ejge-8925	92	1	this	this	PRON
ejge-8925	92	2	indicates	indicate	VERB
ejge-8925	92	3	that	that	SCONJ
ejge-8925	92	4	,	,	PUNCT
ejge-8925	92	5	in	in	ADP
ejge-8925	92	6	the	the	DET
ejge-8925	92	7	long	long	ADJ
ejge-8925	92	8	run	run	NOUN
ejge-8925	92	9	,	,	PUNCT
ejge-8925	92	10	the	the	DET
ejge-8925	92	11	current	current	ADJ
ejge-8925	92	12	account	account	NOUN
ejge-8925	92	13	deficit	deficit	NOUN
ejge-8925	92	14	,	,	PUNCT
ejge-8925	92	15	combined	combine	VERB
ejge-8925	92	16	with	with	ADP
ejge-8925	92	17	increases	increase	NOUN
ejge-8925	92	18	in	in	ADP
ejge-8925	92	19	the	the	DET
ejge-8925	92	20	budget	budget	NOUN
ejge-8925	92	21	deficit	deficit	NOUN
ejge-8925	92	22	,	,	PUNCT
ejge-8925	92	23	gdp	gdp	NOUN
ejge-8925	92	24	,	,	PUNCT
ejge-8925	92	25	and	and	CCONJ
ejge-8925	92	26	interest	interest	NOUN
ejge-8925	92	27	rates	rate	NOUN
ejge-8925	92	28	,	,	PUNCT
ejge-8925	92	29	will	will	AUX
ejge-8925	92	30	increase	increase	VERB
ejge-8925	92	31	the	the	DET
ejge-8925	92	32	money	money	NOUN
ejge-8925	92	33	supply	supply	NOUN
ejge-8925	92	34	.	.	PUNCT
ejge-8925	93	1	in	in	ADP
ejge-8925	93	2	their	their	PRON
ejge-8925	93	3	research	research	NOUN
ejge-8925	93	4	,	,	PUNCT
ejge-8925	93	5	aloryito	aloryito	NOUN
ejge-8925	93	6	et	et	PROPN
ejge-8925	93	7	al	al	PROPN
ejge-8925	93	8	.	.	PROPN
ejge-8925	94	1	(	(	PUNCT
ejge-8925	94	2	2016	2016	NUM
ejge-8925	94	3	)	)	PUNCT
ejge-8925	94	4	inspected	inspect	VERB
ejge-8925	94	5	the	the	DET
ejge-8925	94	6	twin	twin	ADJ
ejge-8925	94	7	deficit	deficit	NOUN
ejge-8925	94	8	hypothesis	hypothesis	NOUN
ejge-8925	94	9	considering	consider	VERB
ejge-8925	94	10	countries	country	NOUN
ejge-8925	94	11	in	in	ADP
ejge-8925	94	12	sub	sub	ADJ
ejge-8925	94	13	-	-	ADJ
ejge-8925	94	14	saharan	saharan	ADJ
ejge-8925	94	15	africa	africa	PROPN
ejge-8925	94	16	countries	country	NOUN
ejge-8925	94	17	(	(	PUNCT
ejge-8925	94	18	ssa	ssa	PROPN
ejge-8925	94	19	)	)	PUNCT
ejge-8925	94	20	.	.	PUNCT
ejge-8925	95	1	the	the	DET
ejge-8925	95	2	authors	author	NOUN
ejge-8925	95	3	discovered	discover	VERB
ejge-8925	95	4	that	that	SCONJ
ejge-8925	95	5	the	the	DET
ejge-8925	95	6	deficit	deficit	NOUN
ejge-8925	95	7	appeared	appear	VERB
ejge-8925	95	8	to	to	PART
ejge-8925	95	9	spread	spread	VERB
ejge-8925	95	10	over	over	ADP
ejge-8925	95	11	the	the	DET
ejge-8925	95	12	past	past	ADJ
ejge-8925	95	13	decade	decade	NOUN
ejge-8925	95	14	in	in	ADP
ejge-8925	95	15	contrast	contrast	NOUN
ejge-8925	95	16	with	with	ADP
ejge-8925	95	17	the	the	DET
ejge-8925	95	18	positive	positive	ADJ
ejge-8925	95	19	output	output	NOUN
ejge-8925	95	20	development	development	NOUN
ejge-8925	95	21	.	.	PUNCT
ejge-8925	96	1	in	in	ADP
ejge-8925	96	2	this	this	DET
ejge-8925	96	3	work	work	NOUN
ejge-8925	96	4	data	datum	NOUN
ejge-8925	96	5	from	from	ADP
ejge-8925	96	6	41	41	NUM
ejge-8925	96	7	countries	country	NOUN
ejge-8925	96	8	were	be	AUX
ejge-8925	96	9	examined	examine	VERB
ejge-8925	96	10	for	for	ADP
ejge-8925	96	11	the	the	DET
ejge-8925	96	12	era	era	NOUN
ejge-8925	96	13	between	between	ADP
ejge-8925	96	14	2000	2000	NUM
ejge-8925	96	15	and	and	CCONJ
ejge-8925	96	16	2012	2012	NUM
ejge-8925	96	17	,	,	PUNCT
ejge-8925	96	18	with	with	ADP
ejge-8925	96	19	the	the	DET
ejge-8925	96	20	use	use	NOUN
ejge-8925	96	21	of	of	ADP
ejge-8925	96	22	the	the	DET
ejge-8925	96	23	generalized	generalized	ADJ
ejge-8925	96	24	method	method	NOUN
ejge-8925	96	25	of	of	ADP
ejge-8925	96	26	moments	moment	NOUN
ejge-8925	96	27	(	(	PUNCT
ejge-8925	96	28	gmm	gmm	NOUN
ejge-8925	96	29	)	)	PUNCT
ejge-8925	96	30	estimation	estimation	NOUN
ejge-8925	96	31	method	method	NOUN
ejge-8925	96	32	,	,	PUNCT
ejge-8925	96	33	the	the	DET
ejge-8925	96	34	foremost	foremost	NOUN
ejge-8925	96	35	discovers	discover	VERB
ejge-8925	96	36	specify	specify	VERB
ejge-8925	96	37	that	that	SCONJ
ejge-8925	96	38	government	government	NOUN
ejge-8925	96	39	deficits	deficit	NOUN
ejge-8925	96	40	tend	tend	VERB
ejge-8925	96	41	to	to	PART
ejge-8925	96	42	enhance	enhance	VERB
ejge-8925	96	43	the	the	DET
ejge-8925	96	44	current	current	ADJ
ejge-8925	96	45	account	account	NOUN
ejge-8925	96	46	and	and	CCONJ
ejge-8925	96	47	vice	vice	NOUN
ejge-8925	96	48	versa	versa	ADV
ejge-8925	96	49	,	,	PUNCT
ejge-8925	96	50	in	in	ADP
ejge-8925	96	51	doing	do	VERB
ejge-8925	96	52	so	so	ADV
ejge-8925	96	53	the	the	DET
ejge-8925	96	54	null	null	ADJ
ejge-8925	96	55	hypothesis	hypothesis	NOUN
ejge-8925	96	56	was	be	AUX
ejge-8925	96	57	rejected	reject	VERB
ejge-8925	96	58	in	in	ADP
ejge-8925	96	59	favor	favor	NOUN
ejge-8925	96	60	of	of	ADP
ejge-8925	96	61	the	the	DET
ejge-8925	96	62	twin	twin	ADJ
ejge-8925	96	63	hypothesis	hypothesis	NOUN
ejge-8925	96	64	.	.	PUNCT
ejge-8925	97	1	a	a	DET
ejge-8925	97	2	further	further	ADJ
ejge-8925	97	3	determinant	determinant	NOUN
ejge-8925	97	4	of	of	ADP
ejge-8925	97	5	the	the	DET
ejge-8925	97	6	cab	cab	NOUN
ejge-8925	97	7	is	be	AUX
ejge-8925	97	8	exchange	exchange	NOUN
ejge-8925	97	9	rate	rate	NOUN
ejge-8925	97	10	volatility	volatility	NOUN
ejge-8925	97	11	(	(	PUNCT
ejge-8925	97	12	erv	erv	NOUN
ejge-8925	97	13	)	)	PUNCT
ejge-8925	97	14	.	.	PUNCT
ejge-8925	98	1	it	it	PRON
ejge-8925	98	2	affects	affect	VERB
ejge-8925	98	3	actual	actual	ADJ
ejge-8925	98	4	inflation	inflation	NOUN
ejge-8925	98	5	as	as	ADV
ejge-8925	98	6	well	well	ADV
ejge-8925	98	7	as	as	ADP
ejge-8925	98	8	prospects	prospect	NOUN
ejge-8925	98	9	about	about	ADP
ejge-8925	98	10	imminent	imminent	ADJ
ejge-8925	98	11	price	price	NOUN
ejge-8925	98	12	volatility	volatility	NOUN
ejge-8925	98	13	(	(	PUNCT
ejge-8925	98	14	baharumshah	baharumshah	NOUN
ejge-8925	98	15	,	,	PUNCT
ejge-8925	98	16	2001	2001	NUM
ejge-8925	98	17	)	)	PUNCT
ejge-8925	98	18	.	.	PUNCT
ejge-8925	99	1	movements	movement	NOUN
ejge-8925	99	2	in	in	ADP
ejge-8925	99	3	the	the	DET
ejge-8925	99	4	exchange	exchange	NOUN
ejge-8925	99	5	rate	rate	NOUN
ejge-8925	99	6	tend	tend	VERB
ejge-8925	99	7	to	to	PART
ejge-8925	99	8	have	have	VERB
ejge-8925	99	9	an	an	DET
ejge-8925	99	10	impact	impact	NOUN
ejge-8925	99	11	on	on	ADP
ejge-8925	99	12	the	the	DET
ejge-8925	99	13	domestic	domestic	ADJ
ejge-8925	99	14	prices	price	NOUN
ejge-8925	99	15	of	of	ADP
ejge-8925	99	16	imported	import	VERB
ejge-8925	99	17	goods	good	NOUN
ejge-8925	99	18	and	and	CCONJ
ejge-8925	99	19	services	service	NOUN
ejge-8925	99	20	directly	directly	ADV
ejge-8925	99	21	.	.	PUNCT
ejge-8925	100	1	erv	erv	PROPN
ejge-8925	100	2	,	,	PUNCT
ejge-8925	100	3	on	on	ADP
ejge-8925	100	4	the	the	DET
ejge-8925	100	5	contrary	contrary	NOUN
ejge-8925	100	6	,	,	PUNCT
ejge-8925	100	7	can	can	AUX
ejge-8925	100	8	have	have	VERB
ejge-8925	100	9	a	a	DET
ejge-8925	100	10	similar	similar	ADJ
ejge-8925	100	11	impact	impact	NOUN
ejge-8925	100	12	on	on	ADP
ejge-8925	100	13	a	a	DET
ejge-8925	100	14	country	country	NOUN
ejge-8925	100	15	's	's	PART
ejge-8925	100	16	cab	cab	NOUN
ejge-8925	100	17	through	through	ADP
ejge-8925	100	18	the	the	DET
ejge-8925	100	19	impact	impact	NOUN
ejge-8925	100	20	it	it	PRON
ejge-8925	100	21	has	have	VERB
ejge-8925	100	22	on	on	ADP
ejge-8925	100	23	foreign	foreign	ADJ
ejge-8925	100	24	trade	trade	NOUN
ejge-8925	100	25	.	.	PUNCT
ejge-8925	101	1	the	the	DET
ejge-8925	101	2	unexpected	unexpected	ADJ
ejge-8925	101	3	movements	movement	NOUN
ejge-8925	101	4	in	in	ADP
ejge-8925	101	5	the	the	DET
ejge-8925	101	6	exchange	exchange	NOUN
ejge-8925	101	7	rate	rate	NOUN
ejge-8925	101	8	are	be	AUX
ejge-8925	101	9	known	know	VERB
ejge-8925	101	10	as	as	ADP
ejge-8925	101	11	exchange	exchange	NOUN
ejge-8925	101	12	rate	rate	NOUN
ejge-8925	101	13	volatility	volatility	NOUN
ejge-8925	101	14	.	.	PUNCT
ejge-8925	102	1	erv	erv	PROPN
ejge-8925	102	2	is	be	AUX
ejge-8925	102	3	the	the	DET
ejge-8925	102	4	source	source	NOUN
ejge-8925	102	5	of	of	ADP
ejge-8925	102	6	exchange	exchange	NOUN
ejge-8925	102	7	rate	rate	NOUN
ejge-8925	102	8	risk	risk	NOUN
ejge-8925	102	9	and	and	CCONJ
ejge-8925	102	10	has	have	VERB
ejge-8925	102	11	repercussions	repercussion	NOUN
ejge-8925	102	12	for	for	ADP
ejge-8925	102	13	the	the	DET
ejge-8925	102	14	volume	volume	NOUN
ejge-8925	102	15	of	of	ADP
ejge-8925	102	16	trade	trade	NOUN
ejge-8925	102	17	balance	balance	NOUN
ejge-8925	102	18	and	and	CCONJ
ejge-8925	102	19	,	,	PUNCT
ejge-8925	102	20	as	as	ADP
ejge-8925	102	21	a	a	DET
ejge-8925	102	22	result	result	NOUN
ejge-8925	102	23	,	,	PUNCT
ejge-8925	102	24	on	on	ADP
ejge-8925	102	25	the	the	DET
ejge-8925	102	26	current	current	ADJ
ejge-8925	102	27	account	account	NOUN
ejge-8925	102	28	.	.	PUNCT
ejge-8925	103	1	increased	increase	VERB
ejge-8925	103	2	exchange	exchange	NOUN
ejge-8925	103	3	-	-	PUNCT
ejge-8925	103	4	rate	rate	NOUN
ejge-8925	103	5	volatility	volatility	NOUN
ejge-8925	103	6	leads	lead	VERB
ejge-8925	103	7	to	to	ADP
ejge-8925	103	8	higher	high	ADJ
ejge-8925	103	9	costs	cost	NOUN
ejge-8925	103	10	for	for	ADP
ejge-8925	103	11	risk	risk	NOUN
ejge-8925	103	12	-	-	PUNCT
ejge-8925	103	13	averse	averse	ADJ
ejge-8925	103	14	traders	trader	NOUN
ejge-8925	103	15	and	and	CCONJ
ejge-8925	103	16	reduces	reduce	VERB
ejge-8925	103	17	foreign	foreign	ADJ
ejge-8925	103	18	trade	trade	NOUN
ejge-8925	103	19	.	.	PUNCT
ejge-8925	104	1	if	if	SCONJ
ejge-8925	104	2	exchange	exchange	NOUN
ejge-8925	104	3	rate	rate	NOUN
ejge-8925	104	4	fluctuations	fluctuation	NOUN
ejge-8925	104	5	become	become	VERB
ejge-8925	104	6	unexpected	unexpected	ADJ
ejge-8925	104	7	,	,	PUNCT
ejge-8925	104	8	it	it	PRON
ejge-8925	104	9	generates	generate	VERB
ejge-8925	104	10	uncertainty	uncertainty	NOUN
ejge-8925	104	11	about	about	ADP
ejge-8925	104	12	potential	potential	ADJ
ejge-8925	104	13	earnings	earning	NOUN
ejge-8925	104	14	and	and	CCONJ
ejge-8925	104	15	,	,	PUNCT
ejge-8925	104	16	as	as	ADP
ejge-8925	104	17	a	a	DET
ejge-8925	104	18	result	result	NOUN
ejge-8925	104	19	,	,	PUNCT
ejge-8925	104	20	lowers	lower	VERB
ejge-8925	104	21	the	the	DET
ejge-8925	104	22	advantages	advantage	NOUN
ejge-8925	104	23	of	of	ADP
ejge-8925	104	24	international	international	ADJ
ejge-8925	104	25	trade	trade	NOUN
ejge-8925	104	26	.	.	PUNCT
ejge-8925	105	1	according	accord	VERB
ejge-8925	105	2	to	to	ADP
ejge-8925	105	3	(	(	PUNCT
ejge-8925	105	4	de	de	X
ejge-8925	105	5	grauwe	grauwe	NOUN
ejge-8925	105	6	,	,	PUNCT
ejge-8925	105	7	1988	1988	NUM
ejge-8925	105	8	)	)	PUNCT
ejge-8925	105	9	,	,	PUNCT
ejge-8925	105	10	the	the	DET
ejge-8925	105	11	impact	impact	NOUN
ejge-8925	105	12	of	of	ADP
ejge-8925	105	13	exchange	exchange	NOUN
ejge-8925	105	14	-	-	PUNCT
ejge-8925	105	15	rate	rate	NOUN
ejge-8925	105	16	uncertainty	uncertainty	NOUN
ejge-8925	105	17	on	on	ADP
ejge-8925	105	18	exports	export	NOUN
ejge-8925	105	19	should	should	AUX
ejge-8925	105	20	be	be	AUX
ejge-8925	105	21	proportional	proportional	ADJ
ejge-8925	105	22	to	to	ADP
ejge-8925	105	23	the	the	DET
ejge-8925	105	24	degree	degree	NOUN
ejge-8925	105	25	of	of	ADP
ejge-8925	105	26	risk	risk	NOUN
ejge-8925	105	27	aversion	aversion	NOUN
ejge-8925	105	28	.	.	PUNCT
ejge-8925	106	1	that	that	PRON
ejge-8925	106	2	is	be	AUX
ejge-8925	106	3	,	,	PUNCT
ejge-8925	106	4	if	if	SCONJ
ejge-8925	106	5	exporters	exporter	NOUN
ejge-8925	106	6	are	be	AUX
ejge-8925	106	7	risk	risk	NOUN
ejge-8925	106	8	averse	averse	ADJ
ejge-8925	106	9	,	,	PUNCT
ejge-8925	106	10	an	an	DET
ejge-8925	106	11	increase	increase	NOUN
ejge-8925	106	12	in	in	ADP
ejge-8925	106	13	erv	erv	NOUN
ejge-8925	106	14	enhances	enhance	VERB
ejge-8925	106	15	the	the	DET
ejge-8925	106	16	expected	expect	VERB
ejge-8925	106	17	marginal	marginal	ADJ
ejge-8925	106	18	utility	utility	NOUN
ejge-8925	106	19	of	of	ADP
ejge-8925	106	20	export	export	NOUN
ejge-8925	106	21	revenue	revenue	NOUN
ejge-8925	106	22	,	,	PUNCT
ejge-8925	106	23	motivating	motivate	VERB
ejge-8925	106	24	them	they	PRON
ejge-8925	106	25	to	to	PART
ejge-8925	106	26	increase	increase	VERB
ejge-8925	106	27	exports	export	NOUN
ejge-8925	106	28	.	.	PUNCT
ejge-8925	107	1	using	use	VERB
ejge-8925	107	2	panel	panel	NOUN
ejge-8925	107	3	data	datum	NOUN
ejge-8925	107	4	analysis	analysis	NOUN
ejge-8925	107	5	and	and	CCONJ
ejge-8925	107	6	the	the	DET
ejge-8925	107	7	fuzzy	fuzzy	ADJ
ejge-8925	107	8	approach2	approach2	PROPN
ejge-8925	107	9	,	,	PUNCT
ejge-8925	107	10	nuroglu	nuroglu	PROPN
ejge-8925	107	11	and	and	CCONJ
ejge-8925	107	12	kunst	kunst	PROPN
ejge-8925	107	13	(	(	PUNCT
ejge-8925	107	14	2012	2012	NUM
ejge-8925	107	15	)	)	PUNCT
ejge-8925	107	16	studied	study	VERB
ejge-8925	107	17	the	the	DET
ejge-8925	107	18	influence	influence	NOUN
ejge-8925	107	19	of	of	ADP
ejge-8925	107	20	erv	erv	NOUN
ejge-8925	107	21	on	on	ADP
ejge-8925	107	22	the	the	DET
ejge-8925	107	23	trade	trade	NOUN
ejge-8925	107	24	balance	balance	NOUN
ejge-8925	107	25	.	.	PUNCT
ejge-8925	108	1	using	use	VERB
ejge-8925	108	2	the	the	DET
ejge-8925	108	3	gravity	gravity	NOUN
ejge-8925	108	4	model	model	NOUN
ejge-8925	108	5	of	of	ADP
ejge-8925	108	6	international	international	ADJ
ejge-8925	108	7	economics	economic	NOUN
ejge-8925	108	8	,	,	PUNCT
ejge-8925	108	9	the	the	DET
ejge-8925	108	10	authors	author	NOUN
ejge-8925	108	11	examined	examine	VERB
ejge-8925	108	12	the	the	DET
ejge-8925	108	13	bilateral	bilateral	ADJ
ejge-8925	108	14	trade	trade	NOUN
ejge-8925	108	15	between	between	ADP
ejge-8925	108	16	the	the	DET
ejge-8925	108	17	eu-15	eu-15	ADJ
ejge-8925	108	18	nations	nation	NOUN
ejge-8925	108	19	.	.	PUNCT
ejge-8925	109	1	the	the	DET
ejge-8925	109	2	estimated	estimate	VERB
ejge-8925	109	3	coefficient	coefficient	NOUN
ejge-8925	109	4	was	be	AUX
ejge-8925	109	5	proved	prove	VERB
ejge-8925	109	6	to	to	PART
ejge-8925	109	7	be	be	AUX
ejge-8925	109	8	negative	negative	ADJ
ejge-8925	109	9	,	,	PUNCT
ejge-8925	109	10	indicating	indicate	VERB
ejge-8925	109	11	that	that	SCONJ
ejge-8925	109	12	erv	erv	PROPN
ejge-8925	109	13	has	have	VERB
ejge-8925	109	14	a	a	DET
ejge-8925	109	15	negative	negative	ADJ
ejge-8925	109	16	effect	effect	NOUN
ejge-8925	109	17	on	on	ADP
ejge-8925	109	18	bilateral	bilateral	ADJ
ejge-8925	109	19	trade	trade	NOUN
ejge-8925	109	20	flows	flow	NOUN
ejge-8925	109	21	.	.	PUNCT
ejge-8925	110	1	generally	generally	ADV
ejge-8925	110	2	,	,	PUNCT
ejge-8925	110	3	the	the	DET
ejge-8925	110	4	literature	literature	NOUN
ejge-8925	110	5	on	on	ADP
ejge-8925	110	6	the	the	DET
ejge-8925	110	7	association	association	NOUN
ejge-8925	110	8	between	between	ADP
ejge-8925	110	9	erv	erv	PROPN
ejge-8925	110	10	and	and	CCONJ
ejge-8925	110	11	cab	cab	NOUN
ejge-8925	110	12	is	be	AUX
ejge-8925	110	13	lacking	lack	VERB
ejge-8925	110	14	.	.	PUNCT
ejge-8925	111	1	the	the	DET
ejge-8925	111	2	research	research	NOUN
ejge-8925	111	3	on	on	ADP
ejge-8925	111	4	the	the	DET
ejge-8925	111	5	current	current	ADJ
ejge-8925	111	6	account	account	NOUN
ejge-8925	111	7	is	be	AUX
ejge-8925	111	8	limited	limit	VERB
ejge-8925	111	9	,	,	PUNCT
ejge-8925	111	10	but	but	CCONJ
ejge-8925	111	11	at	at	ADP
ejge-8925	111	12	the	the	DET
ejge-8925	111	13	same	same	ADJ
ejge-8925	111	14	time	time	NOUN
ejge-8925	111	15	,	,	PUNCT
ejge-8925	111	16	it	it	PRON
ejge-8925	111	17	is	be	AUX
ejge-8925	111	18	vast	vast	ADJ
ejge-8925	111	19	concerning	concern	VERB
ejge-8925	111	20	the	the	DET
ejge-8925	111	21	link	link	NOUN
ejge-8925	111	22	between	between	ADP
ejge-8925	111	23	erv	erv	PROPN
ejge-8925	111	24	and	and	CCONJ
ejge-8925	111	25	trade	trade	NOUN
ejge-8925	111	26	balance	balance	NOUN
ejge-8925	111	27	.	.	PUNCT
ejge-8925	112	1	a	a	DET
ejge-8925	112	2	recent	recent	ADJ
ejge-8925	112	3	study	study	NOUN
ejge-8925	112	4	by	by	ADP
ejge-8925	112	5	purwono	purwono	NOUN
ejge-8925	112	6	et	et	PROPN
ejge-8925	112	7	al	al	PROPN
ejge-8925	112	8	.	.	PROPN
ejge-8925	113	1	(	(	PUNCT
ejge-8925	113	2	2018	2018	NUM
ejge-8925	113	3	)	)	PUNCT
ejge-8925	113	4	analyzed	analyze	VERB
ejge-8925	113	5	the	the	DET
ejge-8925	113	6	impact	impact	NOUN
ejge-8925	113	7	of	of	ADP
ejge-8925	113	8	erv	erv	NOUN
ejge-8925	113	9	on	on	ADP
ejge-8925	113	10	the	the	DET
ejge-8925	113	11	current	current	ADJ
ejge-8925	113	12	account	account	NOUN
ejge-8925	113	13	deficit	deficit	NOUN
ejge-8925	113	14	.	.	PUNCT
ejge-8925	114	1	the	the	DET
ejge-8925	114	2	authors	author	NOUN
ejge-8925	114	3	used	use	VERB
ejge-8925	114	4	data	datum	NOUN
ejge-8925	114	5	from	from	ADP
ejge-8925	114	6	2005	2005	NUM
ejge-8925	114	7	to	to	ADP
ejge-8925	114	8	2011	2011	NUM
ejge-8925	114	9	,	,	PUNCT
ejge-8925	114	10	and	and	CCONJ
ejge-8925	114	11	for	for	ADP
ejge-8925	114	12	the	the	DET
ejge-8925	114	13	empirical	empirical	ADJ
ejge-8925	114	14	part	part	NOUN
ejge-8925	114	15	,	,	PUNCT
ejge-8925	114	16	they	they	PRON
ejge-8925	114	17	used	use	VERB
ejge-8925	114	18	a	a	DET
ejge-8925	114	19	simultaneous	simultaneous	ADJ
ejge-8925	114	20	model	model	NOUN
ejge-8925	114	21	of	of	ADP
ejge-8925	114	22	indonesia	indonesia	PROPN
ejge-8925	114	23	's	's	PART
ejge-8925	114	24	current	current	ADJ
ejge-8925	114	25	account	account	NOUN
ejge-8925	114	26	deficit	deficit	NOUN
ejge-8925	114	27	.	.	PUNCT
ejge-8925	115	1	depreciation	depreciation	NOUN
ejge-8925	115	2	,	,	PUNCT
ejge-8925	115	3	according	accord	VERB
ejge-8925	115	4	to	to	ADP
ejge-8925	115	5	the	the	DET
ejge-8925	115	6	simulation	simulation	NOUN
ejge-8925	115	7	results	result	NOUN
ejge-8925	115	8	,	,	PUNCT
ejge-8925	115	9	increases	increase	VERB
ejge-8925	115	10	the	the	DET
ejge-8925	115	11	surplus	surplus	NOUN
ejge-8925	115	12	to	to	ADP
ejge-8925	115	13	the	the	DET
ejge-8925	115	14	current	current	ADJ
ejge-8925	115	15	account	account	NOUN
ejge-8925	115	16	deficit	deficit	NOUN
ejge-8925	115	17	.	.	PUNCT
ejge-8925	116	1	other	other	ADJ
ejge-8925	116	2	than	than	ADP
ejge-8925	116	3	oil	oil	NOUN
ejge-8925	116	4	and	and	CCONJ
ejge-8925	116	5	gas	gas	NOUN
ejge-8925	116	6	,	,	PUNCT
ejge-8925	116	7	the	the	DET
ejge-8925	116	8	decrease	decrease	NOUN
ejge-8925	116	9	in	in	ADP
ejge-8925	116	10	export	export	NOUN
ejge-8925	116	11	manufactured	manufacture	VERB
ejge-8925	116	12	goods	good	NOUN
ejge-8925	116	13	was	be	AUX
ejge-8925	116	14	higher	high	ADJ
ejge-8925	116	15	than	than	ADP
ejge-8925	116	16	the	the	DET
ejge-8925	116	17	increase	increase	NOUN
ejge-8925	116	18	in	in	ADP
ejge-8925	116	19	imports	import	NOUN
ejge-8925	116	20	.	.	PUNCT
ejge-8925	117	1	furthermore	furthermore	ADV
ejge-8925	117	2	,	,	PUNCT
ejge-8925	117	3	in	in	ADP
ejge-8925	117	4	literature	literature	NOUN
ejge-8925	117	5	,	,	PUNCT
ejge-8925	117	6	the	the	DET
ejge-8925	117	7	relationship	relationship	NOUN
ejge-8925	117	8	between	between	ADP
ejge-8925	117	9	interest	interest	NOUN
ejge-8925	117	10	rates	rate	NOUN
ejge-8925	117	11	and	and	CCONJ
ejge-8925	117	12	the	the	DET
ejge-8925	117	13	current	current	ADJ
ejge-8925	117	14	account	account	NOUN
ejge-8925	117	15	argues	argue	VERB
ejge-8925	117	16	that	that	SCONJ
ejge-8925	117	17	a	a	DET
ejge-8925	117	18	rise	rise	NOUN
ejge-8925	117	19	in	in	ADP
ejge-8925	117	20	real	real	ADJ
ejge-8925	117	21	interest	interest	NOUN
ejge-8925	117	22	rate	rate	NOUN
ejge-8925	117	23	reduces	reduce	VERB
ejge-8925	117	24	investment	investment	NOUN
ejge-8925	117	25	and	and	CCONJ
ejge-8925	117	26	increases	increase	VERB
ejge-8925	117	27	savings	saving	NOUN
ejge-8925	117	28	,	,	PUNCT
ejge-8925	117	29	and	and	CCONJ
ejge-8925	117	30	as	as	ADP
ejge-8925	117	31	a	a	DET
ejge-8925	117	32	result	result	NOUN
ejge-8925	117	33	,	,	PUNCT
ejge-8925	117	34	the	the	DET
ejge-8925	117	35	cab	cab	NOUN
ejge-8925	117	36	is	be	AUX
ejge-8925	117	37	improved	improve	VERB
ejge-8925	117	38	.	.	PUNCT
ejge-8925	118	1	but	but	CCONJ
ejge-8925	118	2	the	the	DET
ejge-8925	118	3	findings	finding	NOUN
ejge-8925	118	4	do	do	AUX
ejge-8925	118	5	not	not	PART
ejge-8925	118	6	conclude	conclude	VERB
ejge-8925	118	7	that	that	SCONJ
ejge-8925	118	8	such	such	DET
ejge-8925	118	9	a	a	DET
ejge-8925	118	10	relationship	relationship	NOUN
ejge-8925	118	11	exists	exist	VERB
ejge-8925	118	12	.	.	PUNCT
ejge-8925	119	1	the	the	DET
ejge-8925	119	2	2	2	NUM
ejge-8925	119	3	the	the	DET
ejge-8925	119	4	method	method	NOUN
ejge-8925	119	5	is	be	AUX
ejge-8925	119	6	particularly	particularly	ADV
ejge-8925	119	7	suited	suit	VERB
ejge-8925	119	8	for	for	ADP
ejge-8925	119	9	ill	ill	ADV
ejge-8925	119	10	-	-	PUNCT
ejge-8925	119	11	defined	define	VERB
ejge-8925	119	12	systems	system	NOUN
ejge-8925	119	13	in	in	ADP
ejge-8925	119	14	which	which	PRON
ejge-8925	119	15	there	there	PRON
ejge-8925	119	16	is	be	VERB
ejge-8925	119	17	substantial	substantial	ADJ
ejge-8925	119	18	ambiguity	ambiguity	NOUN
ejge-8925	119	19	regarding	regard	VERB
ejge-8925	119	20	the	the	DET
ejge-8925	119	21	type	type	NOUN
ejge-8925	119	22	and	and	CCONJ
ejge-8925	119	23	range	range	NOUN
ejge-8925	119	24	of	of	ADP
ejge-8925	119	25	important	important	ADJ
ejge-8925	119	26	input	input	NOUN
ejge-8925	119	27	variables	variable	NOUN
ejge-8925	119	28	as	as	ADV
ejge-8925	119	29	well	well	ADV
ejge-8925	119	30	as	as	ADP
ejge-8925	119	31	the	the	DET
ejge-8925	119	32	model	model	NOUN
ejge-8925	119	33	’s	’s	PART
ejge-8925	119	34	underlying	underlie	VERB
ejge-8925	119	35	connections	connection	NOUN
ejge-8925	119	36	.	.	PUNCT
ejge-8925	120	1	gerassimos	gerassimos	PROPN
ejge-8925	120	2	bertsatos	bertsatos	PROPN
ejge-8925	120	3	/	/	SYM
ejge-8925	120	4	european	european	PROPN
ejge-8925	120	5	journal	journal	PROPN
ejge-8925	120	6	of	of	ADP
ejge-8925	120	7	government	government	NOUN
ejge-8925	120	8	and	and	CCONJ
ejge-8925	120	9	economics	economic	NOUN
ejge-8925	120	10	11(2	11(2	NUM
ejge-8925	120	11	)	)	PUNCT
ejge-8925	120	12	,	,	PUNCT
ejge-8925	120	13	december	december	PROPN
ejge-8925	120	14	2022	2022	NUM
ejge-8925	120	15	,	,	PUNCT
ejge-8925	120	16	141	141	NUM
ejge-8925	120	17	-	-	SYM
ejge-8925	120	18	166	166	NUM
ejge-8925	120	19	146	146	NUM
ejge-8925	120	20	intertemporal	intertemporal	ADJ
ejge-8925	120	21	model	model	NOUN
ejge-8925	120	22	by	by	ADP
ejge-8925	120	23	obstfeld	obstfeld	NOUN
ejge-8925	120	24	and	and	CCONJ
ejge-8925	120	25	rogoff	rogoff	NOUN
ejge-8925	120	26	(	(	PUNCT
ejge-8925	120	27	1995	1995	NUM
ejge-8925	120	28	)	)	PUNCT
ejge-8925	120	29	inspects	inspect	VERB
ejge-8925	120	30	the	the	DET
ejge-8925	120	31	bond	bond	NOUN
ejge-8925	120	32	between	between	ADP
ejge-8925	120	33	the	the	DET
ejge-8925	120	34	current	current	ADJ
ejge-8925	120	35	account	account	NOUN
ejge-8925	120	36	and	and	CCONJ
ejge-8925	120	37	interest	interest	NOUN
ejge-8925	120	38	rates	rate	NOUN
ejge-8925	120	39	;	;	PUNCT
ejge-8925	120	40	they	they	PRON
ejge-8925	120	41	discovered	discover	VERB
ejge-8925	120	42	that	that	SCONJ
ejge-8925	120	43	fluctuations	fluctuation	NOUN
ejge-8925	120	44	occurring	occur	VERB
ejge-8925	120	45	in	in	ADP
ejge-8925	120	46	the	the	DET
ejge-8925	120	47	current	current	ADJ
ejge-8925	120	48	account	account	NOUN
ejge-8925	120	49	are	be	AUX
ejge-8925	120	50	related	relate	VERB
ejge-8925	120	51	negatively	negatively	ADV
ejge-8925	120	52	to	to	ADP
ejge-8925	120	53	interest	interest	NOUN
ejge-8925	120	54	rates	rate	NOUN
ejge-8925	120	55	if	if	SCONJ
ejge-8925	120	56	transaction	transaction	NOUN
ejge-8925	120	57	costs	cost	NOUN
ejge-8925	120	58	are	be	AUX
ejge-8925	120	59	present	present	ADJ
ejge-8925	120	60	,	,	PUNCT
ejge-8925	120	61	under	under	ADP
ejge-8925	120	62	the	the	DET
ejge-8925	120	63	assumption	assumption	NOUN
ejge-8925	120	64	of	of	ADP
ejge-8925	120	65	perfect	perfect	ADJ
ejge-8925	120	66	capital	capital	NOUN
ejge-8925	120	67	mobility	mobility	NOUN
ejge-8925	120	68	.	.	PUNCT
ejge-8925	121	1	bergin	bergin	NOUN
ejge-8925	121	2	and	and	CCONJ
ejge-8925	121	3	sheffrin	sheffrin	PROPN
ejge-8925	121	4	(	(	PUNCT
ejge-8925	121	5	2000	2000	NUM
ejge-8925	121	6	)	)	PUNCT
ejge-8925	121	7	and	and	CCONJ
ejge-8925	121	8	bernhardsen	bernhardsen	NOUN
ejge-8925	121	9	(	(	PUNCT
ejge-8925	121	10	2000	2000	NUM
ejge-8925	121	11	)	)	PUNCT
ejge-8925	121	12	found	find	VERB
ejge-8925	121	13	a	a	DET
ejge-8925	121	14	positive	positive	ADJ
ejge-8925	121	15	slope	slope	NOUN
ejge-8925	121	16	coefficient	coefficient	NOUN
ejge-8925	121	17	between	between	ADP
ejge-8925	121	18	the	the	DET
ejge-8925	121	19	current	current	ADJ
ejge-8925	121	20	account	account	NOUN
ejge-8925	121	21	and	and	CCONJ
ejge-8925	121	22	interest	interest	NOUN
ejge-8925	121	23	rates	rate	NOUN
ejge-8925	121	24	,	,	PUNCT
ejge-8925	121	25	indicating	indicate	VERB
ejge-8925	121	26	that	that	SCONJ
ejge-8925	121	27	an	an	DET
ejge-8925	121	28	increase	increase	NOUN
ejge-8925	121	29	in	in	ADP
ejge-8925	121	30	the	the	DET
ejge-8925	121	31	real	real	ADJ
ejge-8925	121	32	interest	interest	NOUN
ejge-8925	121	33	rate	rate	NOUN
ejge-8925	121	34	caused	cause	VERB
ejge-8925	121	35	a	a	DET
ejge-8925	121	36	surge	surge	NOUN
ejge-8925	121	37	in	in	ADP
ejge-8925	121	38	the	the	DET
ejge-8925	121	39	cab	cab	NOUN
ejge-8925	121	40	.	.	PUNCT
ejge-8925	122	1	additionally	additionally	ADV
ejge-8925	122	2	,	,	PUNCT
ejge-8925	122	3	anoruo	anoruo	NOUN
ejge-8925	122	4	and	and	CCONJ
ejge-8925	122	5	elike	elike	PROPN
ejge-8925	122	6	(	(	PUNCT
ejge-8925	122	7	2008	2008	NUM
ejge-8925	122	8	)	)	PUNCT
ejge-8925	122	9	employed	employ	VERB
ejge-8925	122	10	data	datum	NOUN
ejge-8925	122	11	from	from	ADP
ejge-8925	122	12	india	india	PROPN
ejge-8925	122	13	,	,	PUNCT
ejge-8925	122	14	korea	korea	PROPN
ejge-8925	122	15	,	,	PUNCT
ejge-8925	122	16	thailand	thailand	PROPN
ejge-8925	122	17	,	,	PUNCT
ejge-8925	122	18	and	and	CCONJ
ejge-8925	122	19	the	the	DET
ejge-8925	122	20	philippines	philippine	NOUN
ejge-8925	122	21	to	to	PART
ejge-8925	122	22	survey	survey	VERB
ejge-8925	122	23	the	the	DET
ejge-8925	122	24	asymmetric	asymmetric	ADJ
ejge-8925	122	25	bond	bond	NOUN
ejge-8925	122	26	between	between	ADP
ejge-8925	122	27	interest	interest	NOUN
ejge-8925	122	28	rates	rate	NOUN
ejge-8925	122	29	and	and	CCONJ
ejge-8925	122	30	current	current	ADJ
ejge-8925	122	31	accounts	account	NOUN
ejge-8925	122	32	,	,	PUNCT
ejge-8925	122	33	with	with	ADP
ejge-8925	122	34	the	the	DET
ejge-8925	122	35	use	use	NOUN
ejge-8925	122	36	of	of	ADP
ejge-8925	122	37	cointegration	cointegration	NOUN
ejge-8925	122	38	analysis	analysis	NOUN
ejge-8925	122	39	and	and	CCONJ
ejge-8925	122	40	nonlinear	nonlinear	ADJ
ejge-8925	122	41	unit	unit	NOUN
ejge-8925	122	42	root	root	NOUN
ejge-8925	122	43	test	test	NOUN
ejge-8925	122	44	.	.	PUNCT
ejge-8925	123	1	the	the	DET
ejge-8925	123	2	outcomes	outcome	NOUN
ejge-8925	123	3	of	of	ADP
ejge-8925	123	4	their	their	PRON
ejge-8925	123	5	study	study	NOUN
ejge-8925	123	6	showed	show	VERB
ejge-8925	123	7	that	that	SCONJ
ejge-8925	123	8	positive	positive	ADJ
ejge-8925	123	9	shocks	shock	NOUN
ejge-8925	123	10	in	in	ADP
ejge-8925	123	11	the	the	DET
ejge-8925	123	12	interest	interest	NOUN
ejge-8925	123	13	rates	rate	NOUN
ejge-8925	123	14	have	have	VERB
ejge-8925	123	15	a	a	DET
ejge-8925	123	16	positive	positive	ADJ
ejge-8925	123	17	impact	impact	NOUN
ejge-8925	123	18	on	on	ADP
ejge-8925	123	19	the	the	DET
ejge-8925	123	20	fluctuations	fluctuation	NOUN
ejge-8925	123	21	of	of	ADP
ejge-8925	123	22	the	the	DET
ejge-8925	123	23	current	current	ADJ
ejge-8925	123	24	account	account	NOUN
ejge-8925	123	25	for	for	ADP
ejge-8925	123	26	korea	korea	PROPN
ejge-8925	123	27	,	,	PUNCT
ejge-8925	123	28	the	the	DET
ejge-8925	123	29	philippines	philippine	NOUN
ejge-8925	123	30	,	,	PUNCT
ejge-8925	123	31	and	and	CCONJ
ejge-8925	123	32	india	india	PROPN
ejge-8925	123	33	.	.	PUNCT
ejge-8925	124	1	but	but	CCONJ
ejge-8925	124	2	then	then	ADV
ejge-8925	124	3	again	again	ADV
ejge-8925	124	4	,	,	PUNCT
ejge-8925	124	5	interest	interest	NOUN
ejge-8925	124	6	rates	rate	NOUN
ejge-8925	124	7	for	for	ADP
ejge-8925	124	8	the	the	DET
ejge-8925	124	9	case	case	NOUN
ejge-8925	124	10	of	of	ADP
ejge-8925	124	11	thailand	thailand	PROPN
ejge-8925	124	12	display	display	VERB
ejge-8925	124	13	a	a	DET
ejge-8925	124	14	negative	negative	ADJ
ejge-8925	124	15	slope	slope	NOUN
ejge-8925	124	16	coefficient	coefficient	NOUN
ejge-8925	124	17	for	for	ADP
ejge-8925	124	18	the	the	DET
ejge-8925	124	19	current	current	ADJ
ejge-8925	124	20	account	account	NOUN
ejge-8925	124	21	.	.	PUNCT
ejge-8925	125	1	the	the	DET
ejge-8925	125	2	final	final	ADJ
ejge-8925	125	3	,	,	PUNCT
ejge-8925	125	4	variable	variable	NOUN
ejge-8925	125	5	included	include	VERB
ejge-8925	125	6	in	in	ADP
ejge-8925	125	7	the	the	DET
ejge-8925	125	8	model	model	NOUN
ejge-8925	125	9	is	be	AUX
ejge-8925	125	10	the	the	DET
ejge-8925	125	11	per	per	ADP
ejge-8925	125	12	capita	capita	NOUN
ejge-8925	125	13	income	income	NOUN
ejge-8925	125	14	.	.	PUNCT
ejge-8925	126	1	the	the	DET
ejge-8925	126	2	latter	latter	ADJ
ejge-8925	126	3	is	be	AUX
ejge-8925	126	4	not	not	PART
ejge-8925	126	5	a	a	DET
ejge-8925	126	6	determinant	determinant	NOUN
ejge-8925	126	7	of	of	ADP
ejge-8925	126	8	the	the	DET
ejge-8925	126	9	current	current	ADJ
ejge-8925	126	10	account	account	NOUN
ejge-8925	126	11	directly	directly	ADV
ejge-8925	126	12	but	but	CCONJ
ejge-8925	126	13	is	be	AUX
ejge-8925	126	14	a	a	DET
ejge-8925	126	15	key	key	ADJ
ejge-8925	126	16	determinant	determinant	NOUN
ejge-8925	126	17	of	of	ADP
ejge-8925	126	18	the	the	DET
ejge-8925	126	19	trade	trade	NOUN
ejge-8925	126	20	balance	balance	NOUN
ejge-8925	126	21	,	,	PUNCT
ejge-8925	126	22	which	which	PRON
ejge-8925	126	23	constitutes	constitute	VERB
ejge-8925	126	24	the	the	DET
ejge-8925	126	25	larger	large	ADJ
ejge-8925	126	26	sub	sub	NOUN
ejge-8925	126	27	-	-	NOUN
ejge-8925	126	28	balance	balance	NOUN
ejge-8925	126	29	of	of	ADP
ejge-8925	126	30	the	the	DET
ejge-8925	126	31	current	current	ADJ
ejge-8925	126	32	account	account	NOUN
ejge-8925	126	33	.	.	PUNCT
ejge-8925	127	1	thus	thus	ADV
ejge-8925	127	2	,	,	PUNCT
ejge-8925	127	3	the	the	DET
ejge-8925	127	4	theory	theory	NOUN
ejge-8925	127	5	predicts	predict	VERB
ejge-8925	127	6	that	that	SCONJ
ejge-8925	127	7	as	as	ADP
ejge-8925	127	8	gdp	gdp	NOUN
ejge-8925	127	9	per	per	ADP
ejge-8925	127	10	capita	capita	NOUN
ejge-8925	127	11	increases	increase	NOUN
ejge-8925	127	12	,	,	PUNCT
ejge-8925	127	13	the	the	DET
ejge-8925	127	14	purchasing	purchase	VERB
ejge-8925	127	15	power	power	NOUN
ejge-8925	127	16	of	of	ADP
ejge-8925	127	17	the	the	DET
ejge-8925	127	18	domestic	domestic	ADJ
ejge-8925	127	19	agents	agent	NOUN
ejge-8925	127	20	increases	increase	VERB
ejge-8925	127	21	as	as	ADV
ejge-8925	127	22	well	well	ADV
ejge-8925	127	23	.	.	PUNCT
ejge-8925	128	1	as	as	ADP
ejge-8925	128	2	a	a	DET
ejge-8925	128	3	result	result	NOUN
ejge-8925	128	4	,	,	PUNCT
ejge-8925	128	5	the	the	DET
ejge-8925	128	6	domestic	domestic	ADJ
ejge-8925	128	7	agents	agent	NOUN
ejge-8925	128	8	are	be	AUX
ejge-8925	128	9	now	now	ADV
ejge-8925	128	10	capable	capable	ADJ
ejge-8925	128	11	of	of	ADP
ejge-8925	128	12	purchasing	purchase	VERB
ejge-8925	128	13	domestic	domestic	ADJ
ejge-8925	128	14	and	and	CCONJ
ejge-8925	128	15	imported	import	VERB
ejge-8925	128	16	goods	good	NOUN
ejge-8925	128	17	more	more	ADV
ejge-8925	128	18	easily	easily	ADV
ejge-8925	128	19	,	,	PUNCT
ejge-8925	128	20	which	which	PRON
ejge-8925	128	21	deteriorates	deteriorate	VERB
ejge-8925	128	22	the	the	DET
ejge-8925	128	23	trade	trade	NOUN
ejge-8925	128	24	balance	balance	NOUN
ejge-8925	128	25	through	through	ADP
ejge-8925	128	26	the	the	DET
ejge-8925	128	27	increase	increase	NOUN
ejge-8925	128	28	in	in	ADP
ejge-8925	128	29	the	the	DET
ejge-8925	128	30	value	value	NOUN
ejge-8925	128	31	of	of	ADP
ejge-8925	128	32	imports	import	NOUN
ejge-8925	128	33	.	.	PUNCT
ejge-8925	129	1	falk	falk	NOUN
ejge-8925	129	2	(	(	PUNCT
ejge-8925	129	3	2008	2008	NUM
ejge-8925	129	4	)	)	PUNCT
ejge-8925	129	5	conducted	conduct	VERB
ejge-8925	129	6	a	a	DET
ejge-8925	129	7	study	study	NOUN
ejge-8925	129	8	that	that	PRON
ejge-8925	129	9	focused	focus	VERB
ejge-8925	129	10	on	on	ADP
ejge-8925	129	11	data	datum	NOUN
ejge-8925	129	12	from	from	ADP
ejge-8925	129	13	32	32	NUM
ejge-8925	129	14	developing	develop	VERB
ejge-8925	129	15	and	and	CCONJ
ejge-8925	129	16	developed	developed	ADJ
ejge-8925	129	17	economies	economy	NOUN
ejge-8925	129	18	from	from	ADP
ejge-8925	129	19	1990	1990	NUM
ejge-8925	129	20	to	to	ADP
ejge-8925	129	21	2007	2007	NUM
ejge-8925	129	22	.	.	PUNCT
ejge-8925	130	1	in	in	ADP
ejge-8925	130	2	his	his	PRON
ejge-8925	130	3	analysis	analysis	NOUN
ejge-8925	130	4	,	,	PUNCT
ejge-8925	130	5	the	the	DET
ejge-8925	130	6	author	author	NOUN
ejge-8925	130	7	used	use	VERB
ejge-8925	130	8	linear	linear	ADJ
ejge-8925	130	9	mixed	mixed	ADJ
ejge-8925	130	10	models	model	NOUN
ejge-8925	130	11	and	and	CCONJ
ejge-8925	130	12	fixed	fix	VERB
ejge-8925	130	13	effects	effect	NOUN
ejge-8925	130	14	in	in	ADP
ejge-8925	130	15	a	a	DET
ejge-8925	130	16	panel	panel	NOUN
ejge-8925	130	17	data	datum	NOUN
ejge-8925	130	18	background	background	NOUN
ejge-8925	130	19	to	to	PART
ejge-8925	130	20	demonstrate	demonstrate	VERB
ejge-8925	130	21	that	that	SCONJ
ejge-8925	130	22	the	the	DET
ejge-8925	130	23	trading	trading	NOUN
ejge-8925	130	24	partners	partner	NOUN
ejge-8925	130	25	'	'	PART
ejge-8925	130	26	real	real	ADJ
ejge-8925	130	27	foreign	foreign	ADJ
ejge-8925	130	28	gdp	gdp	NOUN
ejge-8925	130	29	per	per	ADP
ejge-8925	130	30	capita	capita	X
ejge-8925	130	31	positively	positively	ADV
ejge-8925	130	32	affects	affect	VERB
ejge-8925	130	33	the	the	DET
ejge-8925	130	34	balance	balance	NOUN
ejge-8925	130	35	of	of	ADP
ejge-8925	130	36	trade	trade	NOUN
ejge-8925	130	37	.	.	PUNCT
ejge-8925	131	1	the	the	DET
ejge-8925	131	2	analysis	analysis	NOUN
ejge-8925	131	3	also	also	ADV
ejge-8925	131	4	indicated	indicate	VERB
ejge-8925	131	5	that	that	SCONJ
ejge-8925	131	6	real	real	ADJ
ejge-8925	131	7	domestic	domestic	ADJ
ejge-8925	131	8	gdp	gdp	NOUN
ejge-8925	131	9	per	per	ADP
ejge-8925	131	10	capita	capita	NOUN
ejge-8925	131	11	had	have	VERB
ejge-8925	131	12	a	a	DET
ejge-8925	131	13	negative	negative	ADJ
ejge-8925	131	14	influence	influence	NOUN
ejge-8925	131	15	on	on	ADP
ejge-8925	131	16	the	the	DET
ejge-8925	131	17	balance	balance	NOUN
ejge-8925	131	18	of	of	ADP
ejge-8925	131	19	trade	trade	NOUN
ejge-8925	131	20	.	.	PUNCT
ejge-8925	132	1	iyke	iyke	NOUN
ejge-8925	132	2	and	and	CCONJ
ejge-8925	132	3	ho	ho	PROPN
ejge-8925	132	4	(	(	PUNCT
ejge-8925	132	5	2017	2017	NUM
ejge-8925	132	6	)	)	PUNCT
ejge-8925	132	7	tested	test	VERB
ejge-8925	132	8	the	the	DET
ejge-8925	132	9	outcome	outcome	NOUN
ejge-8925	132	10	of	of	ADP
ejge-8925	132	11	fluctuations	fluctuation	NOUN
ejge-8925	132	12	in	in	ADP
ejge-8925	132	13	the	the	DET
ejge-8925	132	14	real	real	ADJ
ejge-8925	132	15	exchange	exchange	NOUN
ejge-8925	132	16	rate	rate	NOUN
ejge-8925	132	17	towards	towards	ADP
ejge-8925	132	18	ghana	ghana	PROPN
ejge-8925	132	19	’s	’s	PART
ejge-8925	132	20	trade	trade	NOUN
ejge-8925	132	21	balance	balance	NOUN
ejge-8925	132	22	by	by	ADP
ejge-8925	132	23	handling	handle	VERB
ejge-8925	132	24	quarterly	quarterly	ADJ
ejge-8925	132	25	data	datum	NOUN
ejge-8925	132	26	for	for	ADP
ejge-8925	132	27	the	the	DET
ejge-8925	132	28	era	era	NOUN
ejge-8925	132	29	between	between	ADP
ejge-8925	132	30	1986	1986	NUM
ejge-8925	132	31	and	and	CCONJ
ejge-8925	132	32	2016	2016	NUM
ejge-8925	132	33	with	with	ADP
ejge-8925	132	34	the	the	DET
ejge-8925	132	35	use	use	NOUN
ejge-8925	132	36	of	of	ADP
ejge-8925	132	37	linear	linear	ADJ
ejge-8925	132	38	and	and	CCONJ
ejge-8925	132	39	non	non	ADJ
ejge-8925	132	40	-	-	ADJ
ejge-8925	132	41	linear	linear	ADJ
ejge-8925	132	42	specifications	specification	NOUN
ejge-8925	132	43	methods	method	NOUN
ejge-8925	132	44	.	.	PUNCT
ejge-8925	133	1	this	this	DET
ejge-8925	133	2	research	research	NOUN
ejge-8925	133	3	found	find	VERB
ejge-8925	133	4	proof	proof	NOUN
ejge-8925	133	5	of	of	ADP
ejge-8925	133	6	an	an	DET
ejge-8925	133	7	asymmetric	asymmetric	ADJ
ejge-8925	133	8	influence	influence	NOUN
ejge-8925	133	9	of	of	ADP
ejge-8925	133	10	the	the	DET
ejge-8925	133	11	exchange	exchange	NOUN
ejge-8925	133	12	rate	rate	NOUN
ejge-8925	133	13	on	on	ADP
ejge-8925	133	14	the	the	DET
ejge-8925	133	15	trade	trade	NOUN
ejge-8925	133	16	balance	balance	NOUN
ejge-8925	133	17	.	.	PUNCT
ejge-8925	134	1	at	at	ADP
ejge-8925	134	2	last	last	ADJ
ejge-8925	134	3	,	,	PUNCT
ejge-8925	134	4	this	this	DET
ejge-8925	134	5	research	research	NOUN
ejge-8925	134	6	found	find	VERB
ejge-8925	134	7	the	the	DET
ejge-8925	134	8	support	support	NOUN
ejge-8925	134	9	of	of	ADP
ejge-8925	134	10	a	a	DET
ejge-8925	134	11	j	j	NOUN
ejge-8925	134	12	-	-	PUNCT
ejge-8925	134	13	curve	curve	NOUN
ejge-8925	134	14	effect	effect	NOUN
ejge-8925	134	15	and	and	CCONJ
ejge-8925	134	16	later	later	ADV
ejge-8925	134	17	disclosed	disclose	VERB
ejge-8925	134	18	that	that	SCONJ
ejge-8925	134	19	the	the	DET
ejge-8925	134	20	per	per	ADP
ejge-8925	134	21	capita	capita	X
ejge-8925	134	22	gdp	gdp	NOUN
ejge-8925	134	23	and	and	CCONJ
ejge-8925	134	24	the	the	DET
ejge-8925	134	25	per	per	ADP
ejge-8925	134	26	capita	capita	X
ejge-8925	134	27	gdp	gdp	NOUN
ejge-8925	134	28	of	of	ADP
ejge-8925	134	29	the	the	DET
ejge-8925	134	30	partner	partner	NOUN
ejge-8925	134	31	country	country	NOUN
ejge-8925	134	32	play	play	VERB
ejge-8925	134	33	a	a	DET
ejge-8925	134	34	major	major	ADJ
ejge-8925	134	35	roll	roll	NOUN
ejge-8925	134	36	-	-	PUNCT
ejge-8925	134	37	on	on	ADP
ejge-8925	134	38	ghana	ghana	PROPN
ejge-8925	134	39	’s	’s	PART
ejge-8925	134	40	trade	trade	PROPN
ejge-8925	134	41	balance	balance	NOUN
ejge-8925	134	42	.	.	PUNCT
ejge-8925	135	1	3	3	X
ejge-8925	135	2	.	.	X
ejge-8925	135	3	methodology	methodology	NOUN
ejge-8925	135	4	and	and	CCONJ
ejge-8925	135	5	data	datum	NOUN
ejge-8925	135	6	3.1	3.1	NUM
ejge-8925	135	7	model	model	NOUN
ejge-8925	135	8	description	description	NOUN
ejge-8925	135	9	the	the	DET
ejge-8925	135	10	model	model	NOUN
ejge-8925	135	11	developed	develop	VERB
ejge-8925	135	12	for	for	ADP
ejge-8925	135	13	examining	examine	VERB
ejge-8925	135	14	the	the	DET
ejge-8925	135	15	cab	cab	NOUN
ejge-8925	135	16	determinants	determinant	NOUN
ejge-8925	135	17	in	in	ADP
ejge-8925	135	18	the	the	DET
ejge-8925	135	19	bilateral	bilateral	ADJ
ejge-8925	135	20	relationship	relationship	NOUN
ejge-8925	135	21	between	between	ADP
ejge-8925	135	22	the	the	DET
ejge-8925	135	23	ez	ez	PROPN
ejge-8925	135	24	and	and	CCONJ
ejge-8925	135	25	the	the	DET
ejge-8925	135	26	us	us	PROPN
ejge-8925	135	27	employs	employ	VERB
ejge-8925	135	28	variables	variable	NOUN
ejge-8925	135	29	recognized	recognize	VERB
ejge-8925	135	30	in	in	ADP
ejge-8925	135	31	the	the	DET
ejge-8925	135	32	literature	literature	NOUN
ejge-8925	135	33	as	as	ADP
ejge-8925	135	34	the	the	DET
ejge-8925	135	35	main	main	ADJ
ejge-8925	135	36	determinants	determinant	NOUN
ejge-8925	135	37	of	of	ADP
ejge-8925	135	38	the	the	DET
ejge-8925	135	39	cab	cab	NOUN
ejge-8925	135	40	.	.	PUNCT
ejge-8925	136	1	these	these	PRON
ejge-8925	136	2	are	be	AUX
ejge-8925	136	3	the	the	DET
ejge-8925	136	4	real	real	ADJ
ejge-8925	136	5	exchange	exchange	NOUN
ejge-8925	136	6	rate	rate	NOUN
ejge-8925	136	7	(	(	PUNCT
ejge-8925	136	8	rer	rer	PROPN
ejge-8925	136	9	)	)	PUNCT
ejge-8925	136	10	,	,	PUNCT
ejge-8925	136	11	the	the	DET
ejge-8925	136	12	budget	budget	NOUN
ejge-8925	136	13	deficit	deficit	NOUN
ejge-8925	136	14	(	(	PUNCT
ejge-8925	136	15	bud	bud	NOUN
ejge-8925	136	16	)	)	PUNCT
ejge-8925	136	17	,	,	PUNCT
ejge-8925	136	18	the	the	DET
ejge-8925	136	19	real	real	ADJ
ejge-8925	136	20	interest	interest	NOUN
ejge-8925	136	21	rate	rate	NOUN
ejge-8925	136	22	(	(	PUNCT
ejge-8925	136	23	rir	rir	PROPN
ejge-8925	136	24	)	)	PUNCT
ejge-8925	136	25	,	,	PUNCT
ejge-8925	136	26	gdp	gdp	NOUN
ejge-8925	136	27	per	per	ADP
ejge-8925	136	28	capita	capita	NOUN
ejge-8925	136	29	in	in	ADP
ejge-8925	136	30	ppps	ppps	PROPN
ejge-8925	136	31	(	(	PUNCT
ejge-8925	136	32	gdp	gdp	NOUN
ejge-8925	136	33	)	)	PUNCT
ejge-8925	136	34	,	,	PUNCT
ejge-8925	136	35	and	and	CCONJ
ejge-8925	136	36	exchange	exchange	NOUN
ejge-8925	136	37	rate	rate	NOUN
ejge-8925	136	38	volatility	volatility	NOUN
ejge-8925	136	39	(	(	PUNCT
ejge-8925	136	40	erv	erv	NOUN
ejge-8925	136	41	)	)	PUNCT
ejge-8925	136	42	.	.	PUNCT
ejge-8925	137	1	since	since	SCONJ
ejge-8925	137	2	our	our	PRON
ejge-8925	137	3	data	datum	NOUN
ejge-8925	137	4	is	be	AUX
ejge-8925	137	5	quarterly	quarterly	ADJ
ejge-8925	137	6	and	and	CCONJ
ejge-8925	137	7	seasonally	seasonally	ADV
ejge-8925	137	8	unadjusted	unadjuste	VERB
ejge-8925	137	9	,	,	PUNCT
ejge-8925	137	10	three	three	NUM
ejge-8925	137	11	dummy	dummy	ADJ
ejge-8925	137	12	variables	variable	NOUN
ejge-8925	137	13	for	for	ADP
ejge-8925	137	14	capturing	capture	VERB
ejge-8925	137	15	seasonality	seasonality	NOUN
ejge-8925	137	16	(	(	PUNCT
ejge-8925	137	17	s1	s1	NOUN
ejge-8925	137	18	,	,	PUNCT
ejge-8925	137	19	s2	s2	PROPN
ejge-8925	137	20	,	,	PUNCT
ejge-8925	137	21	s3	s3	PROPN
ejge-8925	137	22	)	)	PUNCT
ejge-8925	137	23	were	be	AUX
ejge-8925	137	24	included	include	VERB
ejge-8925	137	25	.	.	PUNCT
ejge-8925	138	1	finally	finally	ADV
ejge-8925	138	2	,	,	PUNCT
ejge-8925	138	3	another	another	DET
ejge-8925	138	4	dummy	dummy	ADJ
ejge-8925	138	5	variable	variable	NOUN
ejge-8925	138	6	was	be	AUX
ejge-8925	138	7	included	include	VERB
ejge-8925	138	8	demonstrating	demonstrate	VERB
ejge-8925	138	9	the	the	DET
ejge-8925	138	10	year	year	NOUN
ejge-8925	138	11	of	of	ADP
ejge-8925	138	12	the	the	DET
ejge-8925	138	13	gerassimos	gerassimos	PROPN
ejge-8925	138	14	bertsatos	bertsatos	PROPN
ejge-8925	138	15	/	/	SYM
ejge-8925	138	16	european	european	PROPN
ejge-8925	138	17	journal	journal	PROPN
ejge-8925	138	18	of	of	ADP
ejge-8925	138	19	government	government	NOUN
ejge-8925	138	20	and	and	CCONJ
ejge-8925	138	21	economics	economic	NOUN
ejge-8925	138	22	11(2	11(2	NUM
ejge-8925	138	23	)	)	PUNCT
ejge-8925	138	24	,	,	PUNCT
ejge-8925	138	25	december	december	PROPN
ejge-8925	138	26	2022	2022	NUM
ejge-8925	138	27	,	,	PUNCT
ejge-8925	138	28	141	141	NUM
ejge-8925	138	29	-	-	SYM
ejge-8925	138	30	166	166	NUM
ejge-8925	138	31	147	147	NUM
ejge-8925	138	32	entrance	entrance	NOUN
ejge-8925	138	33	of	of	ADP
ejge-8925	138	34	each	each	DET
ejge-8925	138	35	country	country	NOUN
ejge-8925	138	36	in	in	ADP
ejge-8925	138	37	the	the	DET
ejge-8925	138	38	eurozone	eurozone	NOUN
ejge-8925	138	39	(	(	PUNCT
ejge-8925	138	40	entry	entry	NOUN
ejge-8925	138	41	)	)	PUNCT
ejge-8925	138	42	,	,	PUNCT
ejge-8925	138	43	this	this	DET
ejge-8925	138	44	variable	variable	NOUN
ejge-8925	138	45	was	be	AUX
ejge-8925	138	46	included	include	VERB
ejge-8925	138	47	since	since	SCONJ
ejge-8925	138	48	each	each	DET
ejge-8925	138	49	country	country	NOUN
ejge-8925	138	50	was	be	AUX
ejge-8925	138	51	obligated	obligate	VERB
ejge-8925	138	52	to	to	PART
ejge-8925	138	53	change	change	VERB
ejge-8925	138	54	its	its	PRON
ejge-8925	138	55	national	national	ADJ
ejge-8925	138	56	currency	currency	NOUN
ejge-8925	138	57	to	to	PART
ejge-8925	138	58	enter	enter	VERB
ejge-8925	138	59	the	the	DET
ejge-8925	138	60	eurozone	eurozone	NOUN
ejge-8925	138	61	and	and	CCONJ
ejge-8925	138	62	this	this	PRON
ejge-8925	138	63	might	might	AUX
ejge-8925	138	64	have	have	VERB
ejge-8925	138	65	a	a	DET
ejge-8925	138	66	structural	structural	ADJ
ejge-8925	138	67	break	break	NOUN
ejge-8925	138	68	effect	effect	NOUN
ejge-8925	138	69	on	on	ADP
ejge-8925	138	70	its	its	PRON
ejge-8925	138	71	current	current	ADJ
ejge-8925	138	72	account	account	NOUN
ejge-8925	138	73	panel	panel	NOUN
ejge-8925	138	74	data	datum	NOUN
ejge-8925	138	75	analysis	analysis	NOUN
ejge-8925	138	76	has	have	AUX
ejge-8925	138	77	been	be	AUX
ejge-8925	138	78	employed	employ	VERB
ejge-8925	138	79	for	for	ADP
ejge-8925	138	80	the	the	DET
ejge-8925	138	81	estimation	estimation	NOUN
ejge-8925	138	82	of	of	ADP
ejge-8925	138	83	the	the	DET
ejge-8925	138	84	model	model	NOUN
ejge-8925	138	85	𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡	𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡	PROPN
ejge-8925	139	1	=	=	SYM
ejge-8925	139	2	𝑓𝑓(𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−𝑠𝑠,𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖,𝑡𝑡−𝑢𝑢,𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−𝑣𝑣	𝑓𝑓(𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−𝑠𝑠,𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖,𝑡𝑡−𝑢𝑢,𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−𝑣𝑣	NOUN
ejge-8925	139	3	,	,	PUNCT
ejge-8925	139	4	𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡−𝑤𝑤,𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡−𝑥𝑥	𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡−𝑤𝑤,𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡−𝑥𝑥	NOUN
ejge-8925	139	5	)	)	PUNCT
ejge-8925	139	6	,	,	PUNCT
ejge-8925	140	1	[	[	X
ejge-8925	140	2	1	1	X
ejge-8925	140	3	]	]	PUNCT
ejge-8925	140	4	where	where	SCONJ
ejge-8925	140	5	i	i	PRON
ejge-8925	140	6	denotes	denote	VERB
ejge-8925	140	7	country	country	NOUN
ejge-8925	141	1	i	i	PRON
ejge-8925	141	2	and	and	CCONJ
ejge-8925	141	3	t	t	PROPN
ejge-8925	141	4	denote	denote	VERB
ejge-8925	141	5	time	time	NOUN
ejge-8925	141	6	(	(	PUNCT
ejge-8925	141	7	quarterly	quarterly	ADJ
ejge-8925	141	8	data	datum	NOUN
ejge-8925	141	9	have	have	AUX
ejge-8925	141	10	been	be	AUX
ejge-8925	141	11	used	use	VERB
ejge-8925	141	12	for	for	ADP
ejge-8925	141	13	the	the	DET
ejge-8925	141	14	period	period	NOUN
ejge-8925	141	15	2008	2008	NUM
ejge-8925	141	16	:	:	PUNCT
ejge-8925	141	17	q1	q1	NOUN
ejge-8925	141	18	-	-	PUNCT
ejge-8925	141	19	2018	2018	NUM
ejge-8925	141	20	:	:	PUNCT
ejge-8925	141	21	q4	q4	PROPN
ejge-8925	141	22	)	)	PUNCT
ejge-8925	141	23	;	;	PUNCT
ejge-8925	141	24	cab	cab	NOUN
ejge-8925	141	25	is	be	AUX
ejge-8925	141	26	the	the	DET
ejge-8925	141	27	current	current	ADJ
ejge-8925	141	28	account	account	NOUN
ejge-8925	141	29	balance	balance	NOUN
ejge-8925	141	30	of	of	ADP
ejge-8925	141	31	country	country	NOUN
ejge-8925	141	32	i	i	PRON
ejge-8925	141	33	at	at	ADP
ejge-8925	141	34	time	time	NOUN
ejge-8925	141	35	t	t	PROPN
ejge-8925	141	36	as	as	ADP
ejge-8925	141	37	the	the	DET
ejge-8925	141	38	ratio	ratio	NOUN
ejge-8925	141	39	of	of	ADP
ejge-8925	141	40	us	we	PRON
ejge-8925	141	41	to	to	ADP
ejge-8925	141	42	eurozone	eurozone	NOUN
ejge-8925	141	43	;	;	PUNCT
ejge-8925	141	44	and	and	CCONJ
ejge-8925	141	45	the	the	DET
ejge-8925	141	46	subscripts	subscript	NOUN
ejge-8925	141	47	s	s	NOUN
ejge-8925	141	48	,	,	PUNCT
ejge-8925	141	49	u	u	NOUN
ejge-8925	141	50	,	,	PUNCT
ejge-8925	141	51	v	v	NOUN
ejge-8925	141	52	,	,	PUNCT
ejge-8925	141	53	w	w	NOUN
ejge-8925	141	54	,	,	PUNCT
ejge-8925	141	55	and	and	CCONJ
ejge-8925	141	56	x	x	PRON
ejge-8925	141	57	are	be	AUX
ejge-8925	141	58	the	the	DET
ejge-8925	141	59	optimum	optimum	ADJ
ejge-8925	141	60	time	time	NOUN
ejge-8925	141	61	-	-	PUNCT
ejge-8925	141	62	lags	lag	NOUN
ejge-8925	141	63	for	for	ADP
ejge-8925	141	64	the	the	DET
ejge-8925	141	65	regressors	regressor	NOUN
ejge-8925	141	66	.	.	PUNCT
ejge-8925	142	1	rer	rer	PROPN
ejge-8925	142	2	is	be	AUX
ejge-8925	142	3	a	a	DET
ejge-8925	142	4	measure	measure	NOUN
ejge-8925	142	5	of	of	ADP
ejge-8925	142	6	the	the	DET
ejge-8925	142	7	eurozone	eurozone	NOUN
ejge-8925	142	8	's	's	PART
ejge-8925	142	9	economic	economic	ADJ
ejge-8925	142	10	competitiveness	competitiveness	NOUN
ejge-8925	142	11	in	in	ADP
ejge-8925	142	12	comparison	comparison	NOUN
ejge-8925	142	13	to	to	ADP
ejge-8925	142	14	the	the	DET
ejge-8925	142	15	united	united	PROPN
ejge-8925	142	16	states	states	PROPN
ejge-8925	142	17	.	.	PUNCT
ejge-8925	143	1	bud	bud	NOUN
ejge-8925	143	2	is	be	AUX
ejge-8925	143	3	defined	define	VERB
ejge-8925	143	4	as	as	ADP
ejge-8925	143	5	each	each	DET
ejge-8925	143	6	eurozone	eurozone	NOUN
ejge-8925	143	7	country	country	NOUN
ejge-8925	143	8	's	's	PART
ejge-8925	143	9	budget	budget	NOUN
ejge-8925	143	10	deficit	deficit	NOUN
ejge-8925	143	11	/	/	SYM
ejge-8925	143	12	surplus	surplus	NOUN
ejge-8925	143	13	expressed	express	VERB
ejge-8925	143	14	as	as	ADP
ejge-8925	143	15	a	a	DET
ejge-8925	143	16	percentage	percentage	NOUN
ejge-8925	143	17	of	of	ADP
ejge-8925	143	18	gdp	gdp	NOUN
ejge-8925	143	19	.	.	PUNCT
ejge-8925	144	1	rir	rir	PROPN
ejge-8925	144	2	stands	stand	VERB
ejge-8925	144	3	for	for	ADP
ejge-8925	144	4	real	real	ADJ
ejge-8925	144	5	interest	interest	NOUN
ejge-8925	144	6	rate	rate	NOUN
ejge-8925	144	7	,	,	PUNCT
ejge-8925	144	8	and	and	CCONJ
ejge-8925	144	9	it	it	PRON
ejge-8925	144	10	is	be	AUX
ejge-8925	144	11	computed	compute	VERB
ejge-8925	144	12	as	as	ADP
ejge-8925	144	13	the	the	DET
ejge-8925	144	14	nominal	nominal	ADJ
ejge-8925	144	15	interest	interest	NOUN
ejge-8925	144	16	rate	rate	NOUN
ejge-8925	144	17	minus	minus	ADP
ejge-8925	144	18	inflation	inflation	NOUN
ejge-8925	144	19	of	of	ADP
ejge-8925	144	20	the	the	DET
ejge-8925	144	21	us	we	PRON
ejge-8925	144	22	over	over	ADP
ejge-8925	144	23	that	that	PRON
ejge-8925	144	24	of	of	ADP
ejge-8925	144	25	the	the	DET
ejge-8925	144	26	ez	ez	PROPN
ejge-8925	144	27	.	.	PROPN
ejge-8925	144	28	gdp	gdp	NOUN
ejge-8925	144	29	per	per	ADP
ejge-8925	144	30	capita	capita	NOUN
ejge-8925	144	31	is	be	AUX
ejge-8925	144	32	a	a	DET
ejge-8925	144	33	measure	measure	NOUN
ejge-8925	144	34	of	of	ADP
ejge-8925	144	35	the	the	DET
ejge-8925	144	36	purchasing	purchase	VERB
ejge-8925	144	37	power	power	NOUN
ejge-8925	144	38	of	of	ADP
ejge-8925	144	39	domestic	domestic	ADJ
ejge-8925	144	40	agents	agent	NOUN
ejge-8925	144	41	in	in	ADP
ejge-8925	144	42	constant	constant	ADJ
ejge-8925	144	43	prices	price	NOUN
ejge-8925	144	44	and	and	CCONJ
ejge-8925	144	45	purchasing	purchase	VERB
ejge-8925	144	46	power	power	NOUN
ejge-8925	144	47	parities	parity	NOUN
ejge-8925	144	48	(	(	PUNCT
ejge-8925	144	49	ppps	ppps	PROPN
ejge-8925	144	50	)	)	PUNCT
ejge-8925	144	51	and	and	CCONJ
ejge-8925	144	52	it	it	PRON
ejge-8925	144	53	is	be	AUX
ejge-8925	144	54	constructed	construct	VERB
ejge-8925	144	55	as	as	ADP
ejge-8925	144	56	the	the	DET
ejge-8925	144	57	ratio	ratio	NOUN
ejge-8925	144	58	of	of	ADP
ejge-8925	144	59	the	the	DET
ejge-8925	144	60	us	us	PROPN
ejge-8925	144	61	per	per	ADP
ejge-8925	144	62	capita	capita	X
ejge-8925	144	63	gdp	gdp	NOUN
ejge-8925	144	64	over	over	ADP
ejge-8925	144	65	that	that	PRON
ejge-8925	144	66	of	of	ADP
ejge-8925	144	67	the	the	DET
ejge-8925	144	68	ez	ez	PROPN
ejge-8925	144	69	.	.	PROPN
ejge-8925	145	1	furthermore	furthermore	ADV
ejge-8925	145	2	,	,	PUNCT
ejge-8925	145	3	the	the	DET
ejge-8925	145	4	erv	erv	PROPN
ejge-8925	145	5	variable	variable	NOUN
ejge-8925	145	6	measures	measure	VERB
ejge-8925	145	7	the	the	DET
ejge-8925	145	8	volatility	volatility	NOUN
ejge-8925	145	9	of	of	ADP
ejge-8925	145	10	the	the	DET
ejge-8925	145	11	exchange	exchange	NOUN
ejge-8925	145	12	rate	rate	NOUN
ejge-8925	145	13	.	.	PUNCT
ejge-8925	146	1	it	it	PRON
ejge-8925	146	2	is	be	AUX
ejge-8925	146	3	calculated	calculate	VERB
ejge-8925	146	4	using	use	VERB
ejge-8925	146	5	a	a	DET
ejge-8925	146	6	standard	standard	ADJ
ejge-8925	146	7	deviation	deviation	NOUN
ejge-8925	146	8	of	of	ADP
ejge-8925	146	9	the	the	DET
ejge-8925	146	10	moving	move	VERB
ejge-8925	146	11	average	average	NOUN
ejge-8925	146	12	of	of	ADP
ejge-8925	146	13	the	the	DET
ejge-8925	146	14	logarithm	logarithm	NOUN
ejge-8925	146	15	of	of	ADP
ejge-8925	146	16	the	the	DET
ejge-8925	146	17	real	real	ADJ
ejge-8925	146	18	exchange	exchange	NOUN
ejge-8925	146	19	rate	rate	NOUN
ejge-8925	146	20	as	as	ADP
ejge-8925	146	21	a	a	DET
ejge-8925	146	22	measure	measure	NOUN
ejge-8925	146	23	of	of	ADP
ejge-8925	146	24	time	time	NOUN
ejge-8925	146	25	-	-	PUNCT
ejge-8925	146	26	varying	vary	VERB
ejge-8925	146	27	exchange	exchange	NOUN
ejge-8925	146	28	rate	rate	NOUN
ejge-8925	146	29	volatility3	volatility3	NOUN
ejge-8925	146	30	.	.	PUNCT
ejge-8925	147	1	3.2	3.2	NUM
ejge-8925	147	2	data	datum	NOUN
ejge-8925	147	3	description	description	NOUN
ejge-8925	147	4	and	and	CCONJ
ejge-8925	147	5	variable	variable	ADJ
ejge-8925	147	6	specification	specification	NOUN
ejge-8925	147	7	table	table	NOUN
ejge-8925	147	8	1	1	NUM
ejge-8925	147	9	provides	provide	VERB
ejge-8925	147	10	a	a	DET
ejge-8925	147	11	detailed	detailed	ADJ
ejge-8925	147	12	list	list	NOUN
ejge-8925	147	13	of	of	ADP
ejge-8925	147	14	the	the	DET
ejge-8925	147	15	data	datum	NOUN
ejge-8925	147	16	used	use	VERB
ejge-8925	147	17	,	,	PUNCT
ejge-8925	147	18	frequency	frequency	NOUN
ejge-8925	147	19	,	,	PUNCT
ejge-8925	147	20	source	source	NOUN
ejge-8925	147	21	,	,	PUNCT
ejge-8925	147	22	and	and	CCONJ
ejge-8925	147	23	variable	variable	ADJ
ejge-8925	147	24	construction	construction	NOUN
ejge-8925	147	25	.	.	PUNCT
ejge-8925	148	1	the	the	DET
ejge-8925	148	2	dataset	dataset	NOUN
ejge-8925	148	3	includes	include	VERB
ejge-8925	148	4	the	the	DET
ejge-8925	148	5	nineteen	nineteen	NUM
ejge-8925	148	6	eurozone	eurozone	NOUN
ejge-8925	148	7	countries	country	NOUN
ejge-8925	148	8	with	with	ADP
ejge-8925	148	9	the	the	DET
ejge-8925	148	10	united	united	PROPN
ejge-8925	148	11	states	states	PROPN
ejge-8925	148	12	as	as	ADP
ejge-8925	148	13	a	a	DET
ejge-8925	148	14	trading	trading	NOUN
ejge-8925	148	15	partner	partner	NOUN
ejge-8925	148	16	,	,	PUNCT
ejge-8925	148	17	and	and	CCONJ
ejge-8925	148	18	the	the	DET
ejge-8925	148	19	cab	cab	NOUN
ejge-8925	148	20	data	datum	NOUN
ejge-8925	148	21	were	be	AUX
ejge-8925	148	22	obtained	obtain	VERB
ejge-8925	148	23	on	on	ADP
ejge-8925	148	24	a	a	DET
ejge-8925	148	25	quarterly	quarterly	ADJ
ejge-8925	148	26	frequency	frequency	NOUN
ejge-8925	148	27	to	to	PART
ejge-8925	148	28	meet	meet	VERB
ejge-8925	148	29	the	the	DET
ejge-8925	148	30	time	time	NOUN
ejge-8925	148	31	-	-	PUNCT
ejge-8925	148	32	frequency	frequency	NOUN
ejge-8925	148	33	of	of	ADP
ejge-8925	148	34	the	the	DET
ejge-8925	148	35	regressors	regressor	NOUN
ejge-8925	148	36	.	.	PUNCT
ejge-8925	149	1	data	datum	NOUN
ejge-8925	149	2	for	for	ADP
ejge-8925	149	3	the	the	DET
ejge-8925	149	4	cab	cab	NOUN
ejge-8925	149	5	involving	involve	VERB
ejge-8925	149	6	the	the	DET
ejge-8925	149	7	ez	ez	PROPN
ejge-8925	149	8	member	member	NOUN
ejge-8925	149	9	states	state	NOUN
ejge-8925	149	10	with	with	ADP
ejge-8925	149	11	the	the	DET
ejge-8925	149	12	us	us	PROPN
ejge-8925	149	13	as	as	ADP
ejge-8925	149	14	a	a	DET
ejge-8925	149	15	trading	trading	NOUN
ejge-8925	149	16	partner	partner	NOUN
ejge-8925	149	17	was	be	AUX
ejge-8925	149	18	available	available	ADJ
ejge-8925	149	19	from	from	ADP
ejge-8925	149	20	the	the	DET
ejge-8925	149	21	oecd	oecd	PROPN
ejge-8925	149	22	and	and	CCONJ
ejge-8925	149	23	eurostat	eurostat	PROPN
ejge-8925	149	24	databases	database	NOUN
ejge-8925	149	25	from	from	ADP
ejge-8925	149	26	2008	2008	NUM
ejge-8925	149	27	until	until	ADP
ejge-8925	149	28	2018	2018	NUM
ejge-8925	149	29	on	on	ADP
ejge-8925	149	30	a	a	DET
ejge-8925	149	31	quarterly	quarterly	ADJ
ejge-8925	149	32	frequency	frequency	NOUN
ejge-8925	149	33	(	(	PUNCT
ejge-8925	149	34	oecd	oecd	PROPN
ejge-8925	149	35	2020	2020	NUM
ejge-8925	149	36	,	,	PUNCT
ejge-8925	149	37	eurostat	eurostat	PROPN
ejge-8925	149	38	2020	2020	NUM
ejge-8925	149	39	)	)	PUNCT
ejge-8925	149	40	.	.	PUNCT
ejge-8925	150	1	real	real	ADJ
ejge-8925	150	2	exchange	exchange	NOUN
ejge-8925	150	3	rate	rate	NOUN
ejge-8925	150	4	statistics	statistic	NOUN
ejge-8925	150	5	were	be	AUX
ejge-8925	150	6	computed	compute	VERB
ejge-8925	150	7	by	by	ADP
ejge-8925	150	8	quarterly	quarterly	ADJ
ejge-8925	150	9	nominal	nominal	ADJ
ejge-8925	150	10	exchange	exchange	NOUN
ejge-8925	150	11	rates	rate	NOUN
ejge-8925	150	12	,	,	PUNCT
ejge-8925	150	13	available	available	ADJ
ejge-8925	150	14	from	from	ADP
ejge-8925	150	15	the	the	DET
ejge-8925	150	16	ecb	ecb	PROPN
ejge-8925	150	17	(	(	PUNCT
ejge-8925	150	18	european	european	PROPN
ejge-8925	150	19	central	central	PROPN
ejge-8925	150	20	bank	bank	PROPN
ejge-8925	150	21	2020	2020	NUM
ejge-8925	150	22	)	)	PUNCT
ejge-8925	150	23	,	,	PUNCT
ejge-8925	150	24	and	and	CCONJ
ejge-8925	150	25	the	the	DET
ejge-8925	150	26	consumer	consumer	NOUN
ejge-8925	150	27	price	price	NOUN
ejge-8925	150	28	index	index	NOUN
ejge-8925	150	29	(	(	PUNCT
ejge-8925	150	30	cpi	cpi	PROPN
ejge-8925	150	31	)	)	PUNCT
ejge-8925	150	32	of	of	ADP
ejge-8925	150	33	the	the	DET
ejge-8925	150	34	19	19	NUM
ejge-8925	150	35	ez	ez	PROPN
ejge-8925	150	36	countries	country	NOUN
ejge-8925	150	37	with	with	ADP
ejge-8925	150	38	the	the	DET
ejge-8925	150	39	us	us	PROPN
ejge-8925	150	40	as	as	ADP
ejge-8925	150	41	a	a	DET
ejge-8925	150	42	trading	trading	NOUN
ejge-8925	150	43	partner	partner	NOUN
ejge-8925	150	44	from	from	ADP
ejge-8925	150	45	the	the	DET
ejge-8925	150	46	eurostat	eurostat	PROPN
ejge-8925	150	47	database	database	NOUN
ejge-8925	150	48	from	from	ADP
ejge-8925	150	49	the	the	DET
ejge-8925	150	50	first	first	ADJ
ejge-8925	150	51	quarter	quarter	NOUN
ejge-8925	150	52	of	of	ADP
ejge-8925	150	53	2008	2008	NUM
ejge-8925	150	54	until	until	ADP
ejge-8925	150	55	the	the	DET
ejge-8925	150	56	last	last	ADJ
ejge-8925	150	57	quarter	quarter	NOUN
ejge-8925	150	58	of	of	ADP
ejge-8925	150	59	2018	2018	NUM
ejge-8925	150	60	,	,	PUNCT
ejge-8925	150	61	(	(	PUNCT
ejge-8925	150	62	eurostat	eurostat	X
ejge-8925	150	63	2020	2020	NUM
ejge-8925	150	64	)	)	PUNCT
ejge-8925	150	65	.	.	PUNCT
ejge-8925	151	1	gdp	gdp	NOUN
ejge-8925	151	2	per	per	ADP
ejge-8925	151	3	capita	capita	NOUN
ejge-8925	151	4	in	in	ADP
ejge-8925	151	5	constant	constant	ADJ
ejge-8925	151	6	2015	2015	NUM
ejge-8925	151	7	prices	price	NOUN
ejge-8925	151	8	and	and	CCONJ
ejge-8925	151	9	ppps	ppps	PROPN
ejge-8925	151	10	was	be	AUX
ejge-8925	151	11	available	available	ADJ
ejge-8925	151	12	from	from	ADP
ejge-8925	151	13	the	the	DET
ejge-8925	151	14	oecd	oecd	PROPN
ejge-8925	151	15	database	database	NOUN
ejge-8925	151	16	as	as	ADV
ejge-8925	151	17	well	well	ADV
ejge-8925	151	18	(	(	PUNCT
ejge-8925	151	19	oecd	oecd	PROPN
ejge-8925	151	20	2020	2020	NUM
ejge-8925	151	21	)	)	PUNCT
ejge-8925	151	22	for	for	ADP
ejge-8925	151	23	both	both	CCONJ
ejge-8925	151	24	the	the	DET
ejge-8925	151	25	ez	ez	PROPN
ejge-8925	151	26	and	and	CCONJ
ejge-8925	151	27	the	the	DET
ejge-8925	151	28	us	us	PROPN
ejge-8925	151	29	.	.	PUNCT
ejge-8925	152	1	real	real	ADJ
ejge-8925	152	2	interest	interest	NOUN
ejge-8925	152	3	rate	rate	NOUN
ejge-8925	152	4	(	(	PUNCT
ejge-8925	152	5	rir	rir	PROPN
ejge-8925	152	6	)	)	PUNCT
ejge-8925	152	7	data	datum	NOUN
ejge-8925	152	8	was	be	AUX
ejge-8925	152	9	constructed	construct	VERB
ejge-8925	152	10	by	by	ADP
ejge-8925	152	11	quarterly	quarterly	ADJ
ejge-8925	152	12	nominal	nominal	ADJ
ejge-8925	152	13	interest	interest	NOUN
ejge-8925	152	14	rates	rate	NOUN
ejge-8925	152	15	(	(	PUNCT
ejge-8925	152	16	oecd	oecd	PROPN
ejge-8925	152	17	2020	2020	NUM
ejge-8925	152	18	)	)	PUNCT
ejge-8925	152	19	and	and	CCONJ
ejge-8925	152	20	the	the	DET
ejge-8925	152	21	cpi	cpi	NOUN
ejge-8925	152	22	indexes	index	NOUN
ejge-8925	152	23	also	also	ADV
ejge-8925	152	24	from	from	ADP
ejge-8925	152	25	the	the	DET
ejge-8925	152	26	oecd	oecd	PROPN
ejge-8925	152	27	database	database	NOUN
ejge-8925	152	28	(	(	PUNCT
ejge-8925	152	29	oecd	oecd	PROPN
ejge-8925	152	30	2020	2020	NUM
ejge-8925	152	31	)	)	PUNCT
ejge-8925	152	32	.	.	PUNCT
ejge-8925	153	1	budget	budget	NOUN
ejge-8925	153	2	deficit	deficit	NOUN
ejge-8925	153	3	(	(	PUNCT
ejge-8925	153	4	bud	bud	NOUN
ejge-8925	153	5	)	)	PUNCT
ejge-8925	153	6	data	datum	NOUN
ejge-8925	153	7	were	be	AUX
ejge-8925	153	8	available	available	ADJ
ejge-8925	153	9	from	from	ADP
ejge-8925	153	10	the	the	DET
ejge-8925	153	11	eurostat	eurostat	PROPN
ejge-8925	153	12	database	database	NOUN
ejge-8925	153	13	for	for	ADP
ejge-8925	153	14	the	the	DET
ejge-8925	153	15	19	19	NUM
ejge-8925	153	16	eurozone	eurozone	NOUN
ejge-8925	153	17	countries	country	NOUN
ejge-8925	153	18	(	(	PUNCT
ejge-8925	153	19	eurostat	eurostat	PROPN
ejge-8925	153	20	2020	2020	NUM
ejge-8925	153	21	)	)	PUNCT
ejge-8925	153	22	.	.	PUNCT
ejge-8925	154	1	finally	finally	ADV
ejge-8925	154	2	,	,	PUNCT
ejge-8925	154	3	erv	erv	PROPN
ejge-8925	154	4	was	be	AUX
ejge-8925	154	5	calculated	calculate	VERB
ejge-8925	154	6	using	use	VERB
ejge-8925	154	7	the	the	DET
ejge-8925	154	8	logarithmic	logarithmic	ADJ
ejge-8925	154	9	moving	move	VERB
ejge-8925	154	10	average	average	ADJ
ejge-8925	154	11	formula	formula	NOUN
ejge-8925	154	12	and	and	CCONJ
ejge-8925	154	13	the	the	DET
ejge-8925	154	14	data	datum	NOUN
ejge-8925	154	15	for	for	ADP
ejge-8925	154	16	rer	rer	PROPN
ejge-8925	154	17	.	.	PUNCT
ejge-8925	155	1	regarding	regard	VERB
ejge-8925	155	2	the	the	DET
ejge-8925	155	3	us	us	PROPN
ejge-8925	155	4	variables	variable	NOUN
ejge-8925	155	5	,	,	PUNCT
ejge-8925	155	6	the	the	DET
ejge-8925	155	7	(	(	PUNCT
ejge-8925	155	8	oecd	oecd	PROPN
ejge-8925	155	9	,	,	PUNCT
ejge-8925	155	10	2020	2020	NUM
ejge-8925	155	11	)	)	PUNCT
ejge-8925	155	12	and	and	CCONJ
ejge-8925	155	13	the	the	DET
ejge-8925	155	14	(	(	PUNCT
ejge-8925	155	15	eurostat	eurostat	PROPN
ejge-8925	155	16	,	,	PUNCT
ejge-8925	155	17	2020	2020	NUM
ejge-8925	155	18	)	)	PUNCT
ejge-8925	155	19	databases	database	NOUN
ejge-8925	155	20	have	have	AUX
ejge-8925	155	21	been	be	AUX
ejge-8925	155	22	used	use	VERB
ejge-8925	155	23	to	to	PART
ejge-8925	155	24	draw	draw	VERB
ejge-8925	155	25	our	our	PRON
ejge-8925	155	26	data	datum	NOUN
ejge-8925	155	27	on	on	ADP
ejge-8925	155	28	a	a	DET
ejge-8925	155	29	quarterly	quarterly	ADJ
ejge-8925	155	30	frequency	frequency	NOUN
ejge-8925	155	31	.	.	PUNCT
ejge-8925	156	1	the	the	DET
ejge-8925	156	2	us	us	PROPN
ejge-8925	156	3	3	3	NUM
ejge-8925	156	4	section	section	NOUN
ejge-8925	156	5	3.2	3.2	NUM
ejge-8925	156	6	and	and	CCONJ
ejge-8925	156	7	table	table	NOUN
ejge-8925	156	8	1	1	NUM
ejge-8925	156	9	provide	provide	VERB
ejge-8925	156	10	a	a	DET
ejge-8925	156	11	detailed	detailed	ADJ
ejge-8925	156	12	analysis	analysis	NOUN
ejge-8925	156	13	for	for	ADP
ejge-8925	156	14	the	the	DET
ejge-8925	156	15	erv	erv	PROPN
ejge-8925	156	16	variable	variable	PROPN
ejge-8925	156	17	construction	construction	NOUN
ejge-8925	156	18	.	.	PUNCT
ejge-8925	157	1	gerassimos	gerassimos	PROPN
ejge-8925	157	2	bertsatos	bertsatos	PROPN
ejge-8925	157	3	/	/	SYM
ejge-8925	157	4	european	european	PROPN
ejge-8925	157	5	journal	journal	PROPN
ejge-8925	157	6	of	of	ADP
ejge-8925	157	7	government	government	NOUN
ejge-8925	157	8	and	and	CCONJ
ejge-8925	157	9	economics	economic	NOUN
ejge-8925	157	10	11(2	11(2	NUM
ejge-8925	157	11	)	)	PUNCT
ejge-8925	157	12	,	,	PUNCT
ejge-8925	157	13	december	december	PROPN
ejge-8925	157	14	2022	2022	NUM
ejge-8925	157	15	,	,	PUNCT
ejge-8925	157	16	141	141	NUM
ejge-8925	157	17	-	-	SYM
ejge-8925	157	18	166	166	NUM
ejge-8925	157	19	148	148	NUM
ejge-8925	157	20	variables	variable	NOUN
ejge-8925	157	21	are	be	AUX
ejge-8925	157	22	used	use	VERB
ejge-8925	157	23	in	in	ADP
ejge-8925	157	24	the	the	DET
ejge-8925	157	25	model	model	NOUN
ejge-8925	157	26	to	to	PART
ejge-8925	157	27	create	create	VERB
ejge-8925	157	28	the	the	DET
ejge-8925	157	29	ratio	ratio	NOUN
ejge-8925	157	30	of	of	ADP
ejge-8925	157	31	us	we	PRON
ejge-8925	157	32	to	to	AUX
ejge-8925	157	33	ez	ez	PROPN
ejge-8925	157	34	in	in	ADP
ejge-8925	157	35	the	the	DET
ejge-8925	157	36	estimation	estimation	NOUN
ejge-8925	157	37	,	,	PUNCT
ejge-8925	157	38	except	except	SCONJ
ejge-8925	157	39	for	for	ADP
ejge-8925	157	40	the	the	DET
ejge-8925	157	41	budget	budget	NOUN
ejge-8925	157	42	deficit	deficit	NOUN
ejge-8925	157	43	variable	variable	NOUN
ejge-8925	157	44	.	.	PUNCT
ejge-8925	158	1	as	as	ADP
ejge-8925	158	2	the	the	DET
ejge-8925	158	3	nominal	nominal	ADJ
ejge-8925	158	4	exchange	exchange	NOUN
ejge-8925	158	5	rate	rate	NOUN
ejge-8925	158	6	rises	rise	NOUN
ejge-8925	158	7	,	,	PUNCT
ejge-8925	158	8	the	the	DET
ejge-8925	158	9	euro	euro	NOUN
ejge-8925	158	10	currency	currency	NOUN
ejge-8925	158	11	appreciates	appreciate	VERB
ejge-8925	158	12	against	against	ADP
ejge-8925	158	13	the	the	DET
ejge-8925	158	14	us	us	PROPN
ejge-8925	158	15	dollar	dollar	NOUN
ejge-8925	158	16	,	,	PUNCT
ejge-8925	158	17	reducing	reduce	VERB
ejge-8925	158	18	the	the	DET
ejge-8925	158	19	competitiveness	competitiveness	NOUN
ejge-8925	158	20	of	of	ADP
ejge-8925	158	21	eurozone	eurozone	NOUN
ejge-8925	158	22	countries	country	NOUN
ejge-8925	158	23	.	.	PUNCT
ejge-8925	159	1	as	as	ADP
ejge-8925	159	2	a	a	DET
ejge-8925	159	3	result	result	NOUN
ejge-8925	159	4	,	,	PUNCT
ejge-8925	159	5	an	an	DET
ejge-8925	159	6	increase	increase	NOUN
ejge-8925	159	7	in	in	ADP
ejge-8925	159	8	rer	rer	PROPN
ejge-8925	159	9	is	be	AUX
ejge-8925	159	10	expected	expect	VERB
ejge-8925	159	11	to	to	PART
ejge-8925	159	12	increase	increase	VERB
ejge-8925	159	13	agents	agent	NOUN
ejge-8925	159	14	'	'	PART
ejge-8925	159	15	real	real	ADJ
ejge-8925	159	16	disposable	disposable	ADJ
ejge-8925	159	17	income	income	NOUN
ejge-8925	159	18	for	for	ADP
ejge-8925	159	19	goods	good	NOUN
ejge-8925	159	20	and	and	CCONJ
ejge-8925	159	21	services	service	NOUN
ejge-8925	159	22	,	,	PUNCT
ejge-8925	159	23	improving	improve	VERB
ejge-8925	159	24	competitiveness	competitiveness	NOUN
ejge-8925	159	25	and	and	CCONJ
ejge-8925	159	26	eventually	eventually	ADV
ejge-8925	159	27	improving	improve	VERB
ejge-8925	159	28	the	the	DET
ejge-8925	159	29	current	current	ADJ
ejge-8925	159	30	account	account	NOUN
ejge-8925	159	31	.	.	PUNCT
ejge-8925	160	1	the	the	DET
ejge-8925	160	2	formula	formula	NOUN
ejge-8925	160	3	used	use	VERB
ejge-8925	160	4	to	to	PART
ejge-8925	160	5	create	create	VERB
ejge-8925	160	6	the	the	DET
ejge-8925	160	7	rer	rer	PROPN
ejge-8925	160	8	variable	variable	NOUN
ejge-8925	160	9	can	can	AUX
ejge-8925	160	10	be	be	AUX
ejge-8925	160	11	found	find	VERB
ejge-8925	160	12	in	in	ADP
ejge-8925	160	13	table	table	NOUN
ejge-8925	160	14	1	1	NUM
ejge-8925	160	15	denoted	denote	VERB
ejge-8925	160	16	by	by	ADP
ejge-8925	160	17	equation	equation	NOUN
ejge-8925	160	18	[	[	X
ejge-8925	160	19	2	2	NUM
ejge-8925	160	20	]	]	PUNCT
ejge-8925	160	21	.	.	PUNCT
ejge-8925	161	1	𝜕𝜕𝐶𝐶𝐶𝐶𝐵𝐵	𝜕𝜕𝐶𝐶𝐶𝐶𝐵𝐵	PROPN
ejge-8925	161	2	𝜕𝜕𝑅𝑅𝑅𝑅𝑅𝑅	𝜕𝜕𝑅𝑅𝑅𝑅𝑅𝑅	PROPN
ejge-8925	161	3	>	>	SYM
ejge-8925	161	4	0	0	PROPN
ejge-8925	161	5	,	,	PUNCT
ejge-8925	161	6	𝑠𝑠𝑠𝑠𝑠𝑠𝑐𝑐𝑐𝑐	𝑠𝑠𝑠𝑠𝑠𝑠𝑐𝑐𝑐𝑐	PROPN
ejge-8925	161	7	𝜕𝜕𝜕𝜕	𝜕𝜕𝜕𝜕	VERB
ejge-8925	161	8	𝜕𝜕𝑅𝑅𝑅𝑅𝑅𝑅	𝜕𝜕𝑅𝑅𝑅𝑅𝑅𝑅	PROPN
ejge-8925	161	9	>	>	SYM
ejge-8925	161	10	0	0	NUM
ejge-8925	161	11	,	,	PUNCT
ejge-8925	161	12	𝜕𝜕𝜕𝜕	𝜕𝜕𝜕𝜕	VERB
ejge-8925	161	13	𝜕𝜕𝑅𝑅𝑅𝑅𝑅𝑅	𝜕𝜕𝑅𝑅𝑅𝑅𝑅𝑅	PROPN
ejge-8925	161	14	,	,	PUNCT
ejge-8925	161	15	<	<	X
ejge-8925	161	16	0	0	PUNCT
ejge-8925	161	17	in	in	ADP
ejge-8925	161	18	this	this	DET
ejge-8925	161	19	part	part	NOUN
ejge-8925	161	20	we	we	PRON
ejge-8925	161	21	should	should	AUX
ejge-8925	161	22	mention	mention	VERB
ejge-8925	161	23	that	that	SCONJ
ejge-8925	161	24	4	4	NUM
ejge-8925	161	25	out	out	ADP
ejge-8925	161	26	of	of	ADP
ejge-8925	161	27	the	the	DET
ejge-8925	161	28	19	19	NUM
ejge-8925	161	29	ez	ez	PROPN
ejge-8925	161	30	member	member	NOUN
ejge-8925	161	31	states	state	NOUN
ejge-8925	161	32	joined	join	VERB
ejge-8925	161	33	the	the	DET
ejge-8925	161	34	ez	ez	PROPN
ejge-8925	161	35	in	in	ADP
ejge-8925	161	36	the	the	DET
ejge-8925	161	37	period	period	NOUN
ejge-8925	161	38	analyzed	analyze	VERB
ejge-8925	161	39	in	in	ADP
ejge-8925	161	40	this	this	DET
ejge-8925	161	41	paper	paper	NOUN
ejge-8925	161	42	;	;	PUNCT
ejge-8925	161	43	estonia	estonia	PROPN
ejge-8925	161	44	joined	join	VERB
ejge-8925	161	45	in	in	ADP
ejge-8925	161	46	2011	2011	NUM
ejge-8925	161	47	,	,	PUNCT
ejge-8925	161	48	latvia	latvia	PROPN
ejge-8925	161	49	in	in	ADP
ejge-8925	161	50	2014	2014	NUM
ejge-8925	161	51	,	,	PUNCT
ejge-8925	161	52	lithuania	lithuania	PROPN
ejge-8925	161	53	in	in	ADP
ejge-8925	161	54	2015	2015	NUM
ejge-8925	161	55	,	,	PUNCT
ejge-8925	161	56	and	and	CCONJ
ejge-8925	161	57	slovakia	slovakia	PROPN
ejge-8925	161	58	in	in	ADP
ejge-8925	161	59	2009	2009	NUM
ejge-8925	161	60	.	.	PUNCT
ejge-8925	162	1	each	each	DET
ejge-8925	162	2	country	country	NOUN
ejge-8925	162	3	was	be	AUX
ejge-8925	162	4	obligated	obligate	VERB
ejge-8925	162	5	to	to	PART
ejge-8925	162	6	change	change	VERB
ejge-8925	162	7	its	its	PRON
ejge-8925	162	8	national	national	ADJ
ejge-8925	162	9	currency	currency	NOUN
ejge-8925	162	10	to	to	PART
ejge-8925	162	11	enter	enter	VERB
ejge-8925	162	12	the	the	DET
ejge-8925	162	13	eurozone	eurozone	NOUN
ejge-8925	162	14	.	.	PUNCT
ejge-8925	163	1	before	before	ADP
ejge-8925	163	2	joining	join	VERB
ejge-8925	163	3	,	,	PUNCT
ejge-8925	163	4	the	the	DET
ejge-8925	163	5	exchange	exchange	NOUN
ejge-8925	163	6	rates	rate	NOUN
ejge-8925	163	7	for	for	ADP
ejge-8925	163	8	these	these	DET
ejge-8925	163	9	counties	county	NOUN
ejge-8925	163	10	were	be	AUX
ejge-8925	163	11	different	different	ADJ
ejge-8925	163	12	from	from	ADP
ejge-8925	163	13	those	those	PRON
ejge-8925	163	14	of	of	ADP
ejge-8925	163	15	the	the	DET
ejge-8925	163	16	ez	ez	PROPN
ejge-8925	163	17	.	.	PROPN
ejge-8925	163	18	data	datum	NOUN
ejge-8925	163	19	regarding	regard	VERB
ejge-8925	163	20	this	this	DET
ejge-8925	163	21	issue	issue	NOUN
ejge-8925	163	22	is	be	AUX
ejge-8925	163	23	available	available	ADJ
ejge-8925	163	24	from	from	ADP
ejge-8925	163	25	the	the	DET
ejge-8925	163	26	ecb	ecb	NOUN
ejge-8925	163	27	database	database	NOUN
ejge-8925	163	28	through	through	ADP
ejge-8925	163	29	the	the	DET
ejge-8925	163	30	nominal	nominal	ADJ
ejge-8925	163	31	exchange	exchange	NOUN
ejge-8925	163	32	rate	rate	NOUN
ejge-8925	163	33	.	.	PUNCT
ejge-8925	164	1	table	table	NOUN
ejge-8925	164	2	1	1	NUM
ejge-8925	164	3	.	.	PUNCT
ejge-8925	164	4	data	datum	NOUN
ejge-8925	164	5	sources	source	NOUN
ejge-8925	164	6	and	and	CCONJ
ejge-8925	164	7	construction	construction	NOUN
ejge-8925	164	8	of	of	ADP
ejge-8925	164	9	the	the	DET
ejge-8925	164	10	variables	variable	NOUN
ejge-8925	164	11	.	.	PUNCT
ejge-8925	165	1	data	datum	NOUN
ejge-8925	165	2	description	description	NOUN
ejge-8925	165	3	frequency	frequency	NOUN
ejge-8925	165	4	source	source	NOUN
ejge-8925	165	5	variable	variable	ADJ
ejge-8925	165	6	nominal	nominal	ADJ
ejge-8925	165	7	exchange	exchange	NOUN
ejge-8925	165	8	rate	rate	NOUN
ejge-8925	165	9	quarterly	quarterly	ADV
ejge-8925	165	10	;	;	PUNCT
ejge-8925	165	11	end	end	NOUN
ejge-8925	165	12	of	of	ADP
ejge-8925	165	13	the	the	DET
ejge-8925	165	14	period	period	NOUN
ejge-8925	165	15	ecb	ecb	NOUN
ejge-8925	165	16	(	(	PUNCT
ejge-8925	165	17	european	european	PROPN
ejge-8925	165	18	central	central	PROPN
ejge-8925	165	19	bank	bank	PROPN
ejge-8925	165	20	)	)	PUNCT
ejge-8925	165	21	(	(	PUNCT
ejge-8925	165	22	2020	2020	NUM
ejge-8925	165	23	)	)	PUNCT
ejge-8925	165	24	reri	reri	NOUN
ejge-8925	165	25	,	,	PUNCT
ejge-8925	165	26	t	t	PROPN
ejge-8925	165	27	:	:	PUNCT
ejge-8925	165	28	real	real	ADJ
ejge-8925	165	29	exchange	exchange	NOUN
ejge-8925	165	30	rate	rate	NOUN
ejge-8925	165	31	in	in	ADP
ejge-8925	165	32	2015	2015	NUM
ejge-8925	165	33	prices	price	NOUN
ejge-8925	165	34	reri	reri	ADJ
ejge-8925	165	35	,	,	PUNCT
ejge-8925	165	36	t=	t=	NOUN
ejge-8925	165	37	𝐶𝐶𝐶𝐶𝐶𝐶𝑖𝑖,𝑡𝑡	𝐶𝐶𝐶𝐶𝐶𝐶𝑖𝑖,𝑡𝑡	VERB
ejge-8925	165	38	𝑈𝑈𝑈𝑈	𝑈𝑈𝑈𝑈	NOUN
ejge-8925	165	39	𝐶𝐶𝐶𝐶𝐶𝐶𝑖𝑖,𝑡𝑡	𝐶𝐶𝐶𝐶𝐶𝐶𝑖𝑖,𝑡𝑡	VERB
ejge-8925	165	40	𝐸𝐸𝐸𝐸	𝐸𝐸𝐸𝐸	PROPN
ejge-8925	165	41	𝑐𝑐𝑖𝑖,𝑡𝑡	𝑐𝑐𝑖𝑖,𝑡𝑡	PUNCT
ejge-8925	166	1	[	[	X
ejge-8925	166	2	2	2	NUM
ejge-8925	166	3	]	]	PUNCT
ejge-8925	166	4	𝑐𝑐𝑖𝑖,𝑡𝑡	𝑐𝑐𝑖𝑖,𝑡𝑡	NOUN
ejge-8925	166	5	:	:	PUNCT
ejge-8925	166	6	nominal	nominal	ADJ
ejge-8925	166	7	exchange	exchange	NOUN
ejge-8925	166	8	rate	rate	NOUN
ejge-8925	166	9	consumer	consumer	NOUN
ejge-8925	166	10	price	price	NOUN
ejge-8925	166	11	index	index	NOUN
ejge-8925	166	12	,	,	PUNCT
ejge-8925	166	13	ez	ez	PROPN
ejge-8925	166	14	quarterly	quarterly	PROPN
ejge-8925	166	15	;	;	PUNCT
ejge-8925	166	16	base	base	NOUN
ejge-8925	166	17	year	year	NOUN
ejge-8925	166	18	2015	2015	NUM
ejge-8925	166	19	eurostat	eurostat	X
ejge-8925	166	20	(	(	PUNCT
ejge-8925	166	21	2020	2020	NUM
ejge-8925	166	22	)	)	PUNCT
ejge-8925	166	23	consumer	consumer	NOUN
ejge-8925	166	24	price	price	NOUN
ejge-8925	166	25	index	index	NOUN
ejge-8925	166	26	,	,	PUNCT
ejge-8925	166	27	us	we	PRON
ejge-8925	166	28	quarterly	quarterly	ADV
ejge-8925	166	29	;	;	PUNCT
ejge-8925	166	30	base	base	NOUN
ejge-8925	166	31	year	year	NOUN
ejge-8925	166	32	2015	2015	NUM
ejge-8925	166	33	eurostat	eurostat	X
ejge-8925	166	34	(	(	PUNCT
ejge-8925	166	35	2020	2020	NUM
ejge-8925	166	36	)	)	PUNCT
ejge-8925	166	37	consumer	consumer	NOUN
ejge-8925	166	38	price	price	NOUN
ejge-8925	166	39	index	index	NOUN
ejge-8925	166	40	,	,	PUNCT
ejge-8925	166	41	ez	ez	PROPN
ejge-8925	166	42	quarterly	quarterly	PROPN
ejge-8925	166	43	;	;	PUNCT
ejge-8925	166	44	base	base	NOUN
ejge-8925	166	45	year	year	NOUN
ejge-8925	166	46	2015	2015	NUM
ejge-8925	166	47	eurostat	eurostat	X
ejge-8925	166	48	(	(	PUNCT
ejge-8925	166	49	2020	2020	NUM
ejge-8925	166	50	)	)	PUNCT
ejge-8925	166	51	riri	riri	ADV
ejge-8925	166	52	,	,	PUNCT
ejge-8925	166	53	t	t	PROPN
ejge-8925	166	54	:	:	PUNCT
ejge-8925	166	55	real	real	ADJ
ejge-8925	166	56	interest	interest	NOUN
ejge-8925	166	57	rate	rate	NOUN
ejge-8925	166	58	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡𝑈𝑈𝑈𝑈=	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡𝑈𝑈𝑈𝑈=	PUNCT
ejge-8925	166	59	𝑠𝑠𝑖𝑖,𝑡𝑡-𝐶𝐶𝑃𝑃𝑅𝑅𝑖𝑖,𝑡𝑡𝑈𝑈𝑈𝑈	𝑠𝑠𝑖𝑖,𝑡𝑡-𝐶𝐶𝑃𝑃𝑅𝑅𝑖𝑖,𝑡𝑡𝑈𝑈𝑈𝑈	PROPN
ejge-8925	166	60	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡𝐸𝐸𝐸𝐸=	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡𝐸𝐸𝐸𝐸=	PUNCT
ejge-8925	166	61	𝑠𝑠𝑖𝑖,𝑡𝑡-𝐶𝐶𝑃𝑃𝑅𝑅𝑖𝑖,𝑡𝑡𝐸𝐸𝐸𝐸	𝑠𝑠𝑖𝑖,𝑡𝑡-𝐶𝐶𝑃𝑃𝑅𝑅𝑖𝑖,𝑡𝑡𝐸𝐸𝐸𝐸	PROPN
ejge-8925	166	62	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡	X
ejge-8925	166	63	=	=	SYM
ejge-8925	166	64	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡𝑈𝑈𝑈𝑈	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡𝑈𝑈𝑈𝑈	PROPN
ejge-8925	166	65	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡𝐸𝐸𝐸𝐸	𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡𝐸𝐸𝐸𝐸	PROPN
ejge-8925	166	66	𝑠𝑠𝑖𝑖,𝑡𝑡	𝑠𝑠𝑖𝑖,𝑡𝑡	PROPN
ejge-8925	166	67	:	:	PUNCT
ejge-8925	166	68	nominal	nominal	ADJ
ejge-8925	166	69	interest	interest	NOUN
ejge-8925	166	70	rate	rate	NOUN
ejge-8925	166	71	consumer	consumer	NOUN
ejge-8925	166	72	price	price	NOUN
ejge-8925	166	73	index	index	NOUN
ejge-8925	166	74	,	,	PUNCT
ejge-8925	166	75	us	we	PRON
ejge-8925	166	76	quarterly	quarterly	ADV
ejge-8925	166	77	;	;	PUNCT
ejge-8925	166	78	base	base	NOUN
ejge-8925	166	79	year	year	NOUN
ejge-8925	166	80	2015	2015	NUM
ejge-8925	166	81	eurostat	eurostat	X
ejge-8925	166	82	(	(	PUNCT
ejge-8925	166	83	2020	2020	NUM
ejge-8925	166	84	)	)	PUNCT
ejge-8925	166	85	nominal	nominal	ADJ
ejge-8925	166	86	interest	interest	NOUN
ejge-8925	166	87	rate	rate	NOUN
ejge-8925	166	88	quarterly	quarterly	ADV
ejge-8925	166	89	;	;	PUNCT
ejge-8925	166	90	threemonth	threemonth	ADJ
ejge-8925	166	91	money	money	NOUN
ejge-8925	166	92	market	market	NOUN
ejge-8925	166	93	rate	rate	NOUN
ejge-8925	166	94	ecb	ecb	PROPN
ejge-8925	166	95	(	(	PUNCT
ejge-8925	166	96	european	european	PROPN
ejge-8925	166	97	central	central	PROPN
ejge-8925	166	98	bank	bank	PROPN
ejge-8925	166	99	)	)	PUNCT
ejge-8925	166	100	(	(	PUNCT
ejge-8925	166	101	2020	2020	NUM
ejge-8925	166	102	)	)	PUNCT
ejge-8925	166	103	budget	budget	NOUN
ejge-8925	166	104	deficit	deficit	NOUN
ejge-8925	166	105	of	of	ADP
ejge-8925	166	106	the	the	DET
ejge-8925	166	107	ez	ez	PROPN
ejge-8925	166	108	countries	country	NOUN
ejge-8925	166	109	quarterly	quarterly	ADV
ejge-8925	166	110	;	;	PUNCT
ejge-8925	166	111	percent	percent	NOUN
ejge-8925	166	112	of	of	ADP
ejge-8925	166	113	gdp	gdp	PROPN
ejge-8925	166	114	eurostat	eurostat	PROPN
ejge-8925	166	115	(	(	PUNCT
ejge-8925	166	116	2020	2020	NUM
ejge-8925	166	117	)	)	PUNCT
ejge-8925	166	118	budi	budi	PROPN
ejge-8925	166	119	,	,	PUNCT
ejge-8925	166	120	t	t	PROPN
ejge-8925	166	121	:	:	PUNCT
ejge-8925	166	122	budget	budget	NOUN
ejge-8925	166	123	deficit	deficit	NOUN
ejge-8925	166	124	of	of	ADP
ejge-8925	166	125	the	the	DET
ejge-8925	166	126	ez	ez	PROPN
ejge-8925	166	127	countries	countries	PROPN
ejge-8925	166	128	budi	budi	PROPN
ejge-8925	166	129	,	,	PUNCT
ejge-8925	166	130	t	t	PROPN
ejge-8925	166	131	is	be	AUX
ejge-8925	166	132	used	use	VERB
ejge-8925	166	133	without	without	ADP
ejge-8925	166	134	manipulation	manipulation	NOUN
ejge-8925	166	135	gross	gross	ADJ
ejge-8925	166	136	domestic	domestic	ADJ
ejge-8925	166	137	product	product	NOUN
ejge-8925	166	138	,	,	PUNCT
ejge-8925	166	139	ez	ez	PROPN
ejge-8925	166	140	quarterly	quarterly	PROPN
ejge-8925	166	141	;	;	PUNCT
ejge-8925	167	1	constant	constant	ADJ
ejge-8925	167	2	prices	price	NOUN
ejge-8925	167	3	(	(	PUNCT
ejge-8925	167	4	base	base	NOUN
ejge-8925	167	5	year	year	NOUN
ejge-8925	167	6	2015	2015	NUM
ejge-8925	167	7	)	)	PUNCT
ejge-8925	167	8	,	,	PUNCT
ejge-8925	167	9	ppps	ppps	PROPN
ejge-8925	167	10	oecd	oecd	PROPN
ejge-8925	167	11	(	(	PUNCT
ejge-8925	167	12	2020	2020	NUM
ejge-8925	167	13	)	)	PUNCT
ejge-8925	167	14	gdpi	gdpi	NOUN
ejge-8925	167	15	,	,	PUNCT
ejge-8925	167	16	t	t	PROPN
ejge-8925	167	17	:	:	PUNCT
ejge-8925	167	18	gross	gross	ADJ
ejge-8925	167	19	domestic	domestic	ADJ
ejge-8925	167	20	product	product	NOUN
ejge-8925	167	21	in	in	ADP
ejge-8925	167	22	constant	constant	ADJ
ejge-8925	167	23	prices	price	NOUN
ejge-8925	167	24	and	and	CCONJ
ejge-8925	167	25	ppps	ppp	NOUN
ejge-8925	167	26	𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡	𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡	PUNCT
ejge-8925	167	27	=	=	SYM
ejge-8925	167	28	𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡𝑈𝑈𝑈𝑈	𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡𝑈𝑈𝑈𝑈	PROPN
ejge-8925	167	29	𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖	𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖	PROPN
ejge-8925	167	30	,	,	PUNCT
ejge-8925	167	31	𝑡𝑡𝐸𝐸𝐸𝐸	𝑡𝑡𝐸𝐸𝐸𝐸	ADJ
ejge-8925	167	32	gross	gross	ADJ
ejge-8925	167	33	domestic	domestic	ADJ
ejge-8925	167	34	product	product	NOUN
ejge-8925	167	35	,	,	PUNCT
ejge-8925	167	36	us	we	PRON
ejge-8925	167	37	quarterly	quarterly	ADV
ejge-8925	167	38	;	;	PUNCT
ejge-8925	167	39	constant	constant	ADJ
ejge-8925	167	40	prices	price	NOUN
ejge-8925	167	41	(	(	PUNCT
ejge-8925	167	42	base	base	NOUN
ejge-8925	167	43	year	year	NOUN
ejge-8925	167	44	2015	2015	NUM
ejge-8925	167	45	)	)	PUNCT
ejge-8925	167	46	,	,	PUNCT
ejge-8925	167	47	ppps	ppps	PROPN
ejge-8925	167	48	oecd	oecd	PROPN
ejge-8925	167	49	(	(	PUNCT
ejge-8925	167	50	2020	2020	NUM
ejge-8925	167	51	)	)	PUNCT
ejge-8925	167	52	exchange	exchange	NOUN
ejge-8925	167	53	rate	rate	NOUN
ejge-8925	167	54	volatility	volatility	NOUN
ejge-8925	167	55	quarterly	quarterly	ADV
ejge-8925	167	56	;	;	PUNCT
ejge-8925	167	57	moving	move	VERB
ejge-8925	167	58	average	average	ADJ
ejge-8925	167	59	author	author	NOUN
ejge-8925	167	60	’s	’s	PART
ejge-8925	167	61	calculations	calculation	NOUN
ejge-8925	167	62	ervi	ervi	VERB
ejge-8925	167	63	,	,	PUNCT
ejge-8925	167	64	t	t	PROPN
ejge-8925	167	65	:	:	PUNCT
ejge-8925	167	66	exchange	exchange	NOUN
ejge-8925	167	67	rate	rate	NOUN
ejge-8925	167	68	volatility	volatility	NOUN
ejge-8925	167	69	𝑉𝑉𝑖𝑖,𝑡𝑡+𝑚𝑚	𝑉𝑉𝑖𝑖,𝑡𝑡+𝑚𝑚	NUM
ejge-8925	167	70	=	=	SYM
ejge-8925	167	71	�	�	PROPN
ejge-8925	167	72	1	1	NUM
ejge-8925	167	73	𝑚𝑚	𝑚𝑚	ADP
ejge-8925	167	74	�	�	PROPN
ejge-8925	167	75	(	(	PUNCT
ejge-8925	167	76	𝑅𝑅𝑡𝑡+𝑖𝑖−1	𝑅𝑅𝑡𝑡+𝑖𝑖−1	NOUN
ejge-8925	167	77	−	−	PROPN
ejge-8925	167	78	𝑅𝑅𝑡𝑡+𝑖𝑖−2)2	𝑅𝑅𝑡𝑡+𝑖𝑖−2)2	NUM
ejge-8925	167	79	𝑚𝑚	𝑚𝑚	ADP
ejge-8925	167	80	𝑖𝑖=1	𝑖𝑖=1	PROPN
ejge-8925	167	81	�	�	PROPN
ejge-8925	167	82	1	1	NUM
ejge-8925	167	83	2	2	NUM
ejge-8925	167	84	�	�	PROPN
ejge-8925	167	85	[	[	X
ejge-8925	167	86	3	3	NUM
ejge-8925	167	87	]	]	SYM
ejge-8925	167	88	v	v	NOUN
ejge-8925	167	89	:	:	PUNCT
ejge-8925	167	90	volatility	volatility	NOUN
ejge-8925	167	91	of	of	ADP
ejge-8925	167	92	the	the	DET
ejge-8925	167	93	exchange	exchange	NOUN
ejge-8925	167	94	rate	rate	NOUN
ejge-8925	167	95	r	r	NOUN
ejge-8925	167	96	:	:	PUNCT
ejge-8925	167	97	logarithm	logarithm	NOUN
ejge-8925	167	98	of	of	ADP
ejge-8925	167	99	the	the	DET
ejge-8925	167	100	exchange	exchange	NOUN
ejge-8925	167	101	rate	rate	NOUN
ejge-8925	167	102	m	m	PROPN
ejge-8925	167	103	:	:	PUNCT
ejge-8925	167	104	number	number	NOUN
ejge-8925	167	105	of	of	ADP
ejge-8925	167	106	periods	period	NOUN
ejge-8925	167	107	gerassimos	gerassimos	PROPN
ejge-8925	167	108	bertsatos	bertsatos	PROPN
ejge-8925	167	109	/	/	SYM
ejge-8925	167	110	european	european	PROPN
ejge-8925	167	111	journal	journal	PROPN
ejge-8925	167	112	of	of	ADP
ejge-8925	167	113	government	government	NOUN
ejge-8925	167	114	and	and	CCONJ
ejge-8925	167	115	economics	economic	NOUN
ejge-8925	167	116	11(2	11(2	NUM
ejge-8925	167	117	)	)	PUNCT
ejge-8925	167	118	,	,	PUNCT
ejge-8925	167	119	december	december	PROPN
ejge-8925	167	120	2022	2022	NUM
ejge-8925	167	121	,	,	PUNCT
ejge-8925	167	122	141	141	NUM
ejge-8925	167	123	-	-	SYM
ejge-8925	167	124	166	166	NUM
ejge-8925	167	125	149	149	NUM
ejge-8925	167	126	relating	relate	VERB
ejge-8925	167	127	to	to	ADP
ejge-8925	167	128	the	the	DET
ejge-8925	167	129	cab	cab	NOUN
ejge-8925	167	130	definition	definition	NOUN
ejge-8925	167	131	,	,	PUNCT
ejge-8925	167	132	the	the	DET
ejge-8925	167	133	real	real	ADJ
ejge-8925	167	134	interest	interest	NOUN
ejge-8925	167	135	rate	rate	NOUN
ejge-8925	167	136	(	(	PUNCT
ejge-8925	167	137	rir	rir	NOUN
ejge-8925	167	138	)	)	PUNCT
ejge-8925	167	139	is	be	AUX
ejge-8925	167	140	anticipated	anticipate	VERB
ejge-8925	167	141	to	to	PART
ejge-8925	167	142	have	have	VERB
ejge-8925	167	143	a	a	DET
ejge-8925	167	144	positive	positive	ADJ
ejge-8925	167	145	relationship	relationship	NOUN
ejge-8925	167	146	with	with	ADP
ejge-8925	167	147	the	the	DET
ejge-8925	167	148	cab	cab	NOUN
ejge-8925	167	149	.	.	PUNCT
ejge-8925	168	1	the	the	DET
ejge-8925	168	2	expected	expect	VERB
ejge-8925	168	3	positive	positive	ADJ
ejge-8925	168	4	sign	sign	NOUN
ejge-8925	168	5	is	be	AUX
ejge-8925	168	6	explained	explain	VERB
ejge-8925	168	7	by	by	ADP
ejge-8925	168	8	theory	theory	NOUN
ejge-8925	168	9	since	since	SCONJ
ejge-8925	168	10	an	an	DET
ejge-8925	168	11	increase	increase	NOUN
ejge-8925	168	12	in	in	ADP
ejge-8925	168	13	real	real	ADJ
ejge-8925	168	14	interest	interest	NOUN
ejge-8925	168	15	rates	rate	NOUN
ejge-8925	168	16	decreases	decrease	VERB
ejge-8925	168	17	investment	investment	NOUN
ejge-8925	168	18	while	while	SCONJ
ejge-8925	168	19	increasing	increase	VERB
ejge-8925	168	20	savings	saving	NOUN
ejge-8925	168	21	,	,	PUNCT
ejge-8925	168	22	resulting	result	VERB
ejge-8925	168	23	in	in	ADP
ejge-8925	168	24	an	an	DET
ejge-8925	168	25	improvement	improvement	NOUN
ejge-8925	168	26	in	in	ADP
ejge-8925	168	27	the	the	DET
ejge-8925	168	28	cab	cab	NOUN
ejge-8925	168	29	due	due	ADP
ejge-8925	168	30	to	to	ADP
ejge-8925	168	31	the	the	DET
ejge-8925	168	32	difference	difference	NOUN
ejge-8925	168	33	between	between	ADP
ejge-8925	168	34	savings	saving	NOUN
ejge-8925	168	35	and	and	CCONJ
ejge-8925	168	36	investment	investment	NOUN
ejge-8925	168	37	.	.	PUNCT
ejge-8925	169	1	therefore	therefore	ADV
ejge-8925	169	2	,	,	PUNCT
ejge-8925	169	3	𝑅𝑅𝑅𝑅𝑅𝑅	𝑅𝑅𝑅𝑅𝑅𝑅	PROPN
ejge-8925	169	4	=	=	SYM
ejge-8925	169	5	𝑅𝑅𝐶𝐶𝑅𝑅𝑈𝑈𝑈𝑈	𝑅𝑅𝐶𝐶𝑅𝑅𝑈𝑈𝑈𝑈	PROPN
ejge-8925	169	6	𝑅𝑅𝐶𝐶𝑅𝑅𝐸𝐸𝐸𝐸	𝑅𝑅𝐶𝐶𝑅𝑅𝐸𝐸𝐸𝐸	PROPN
ejge-8925	169	7	,	,	PUNCT
ejge-8925	169	8	𝜕𝜕𝐶𝐶𝜕𝜕𝜕𝜕	𝜕𝜕𝐶𝐶𝜕𝜕𝜕𝜕	PROPN
ejge-8925	169	9	𝜕𝜕𝑅𝑅𝐶𝐶𝑅𝑅	𝜕𝜕𝑅𝑅𝐶𝐶𝑅𝑅	NUM
ejge-8925	169	10	>	>	X
ejge-8925	169	11	0	0	NUM
ejge-8925	169	12	.	.	PUNCT
ejge-8925	170	1	the	the	DET
ejge-8925	170	2	budget	budget	NOUN
ejge-8925	170	3	deficit	deficit	NOUN
ejge-8925	170	4	(	(	PUNCT
ejge-8925	170	5	bud	bud	NOUN
ejge-8925	170	6	)	)	PUNCT
ejge-8925	170	7	of	of	ADP
ejge-8925	170	8	the	the	DET
ejge-8925	170	9	19	19	NUM
ejge-8925	170	10	eurozone	eurozone	NOUN
ejge-8925	170	11	member	member	NOUN
ejge-8925	170	12	states	state	NOUN
ejge-8925	170	13	as	as	ADP
ejge-8925	170	14	a	a	DET
ejge-8925	170	15	percent	percent	NOUN
ejge-8925	170	16	of	of	ADP
ejge-8925	170	17	gdp	gdp	NOUN
ejge-8925	170	18	has	have	AUX
ejge-8925	170	19	been	be	AUX
ejge-8925	170	20	used	use	VERB
ejge-8925	170	21	.	.	PUNCT
ejge-8925	171	1	a	a	DET
ejge-8925	171	2	decrease	decrease	NOUN
ejge-8925	171	3	in	in	ADP
ejge-8925	171	4	the	the	DET
ejge-8925	171	5	value	value	NOUN
ejge-8925	171	6	of	of	ADP
ejge-8925	171	7	the	the	DET
ejge-8925	171	8	cab	cab	NOUN
ejge-8925	171	9	variable	variable	NOUN
ejge-8925	171	10	means	mean	VERB
ejge-8925	171	11	an	an	DET
ejge-8925	171	12	increase	increase	NOUN
ejge-8925	171	13	in	in	ADP
ejge-8925	171	14	the	the	DET
ejge-8925	171	15	current	current	ADJ
ejge-8925	171	16	account	account	NOUN
ejge-8925	171	17	deficit	deficit	NOUN
ejge-8925	171	18	.	.	PUNCT
ejge-8925	172	1	consequently	consequently	ADV
ejge-8925	172	2	,	,	PUNCT
ejge-8925	172	3	decreases	decrease	VERB
ejge-8925	172	4	in	in	ADP
ejge-8925	172	5	the	the	DET
ejge-8925	172	6	cab	cab	NOUN
ejge-8925	172	7	variable	variable	NOUN
ejge-8925	172	8	are	be	AUX
ejge-8925	172	9	anticipated	anticipate	VERB
ejge-8925	172	10	to	to	PART
ejge-8925	172	11	be	be	AUX
ejge-8925	172	12	positively	positively	ADV
ejge-8925	172	13	related	relate	VERB
ejge-8925	172	14	to	to	ADP
ejge-8925	172	15	an	an	DET
ejge-8925	172	16	increase	increase	NOUN
ejge-8925	172	17	in	in	ADP
ejge-8925	172	18	the	the	DET
ejge-8925	172	19	budget	budget	NOUN
ejge-8925	172	20	deficit	deficit	NOUN
ejge-8925	172	21	:	:	PUNCT
ejge-8925	172	22	𝜕𝜕𝐶𝐶𝜕𝜕𝜕𝜕	𝜕𝜕𝐶𝐶𝜕𝜕𝜕𝜕	NOUN
ejge-8925	172	23	𝜕𝜕𝜕𝜕𝑈𝑈𝜕𝜕	𝜕𝜕𝜕𝜕𝑈𝑈𝜕𝜕	VERB
ejge-8925	172	24	<	<	X
ejge-8925	172	25	0	0	NUM
ejge-8925	172	26	.	.	PUNCT
ejge-8925	173	1	as	as	SCONJ
ejge-8925	173	2	noted	note	VERB
ejge-8925	173	3	in	in	ADP
ejge-8925	173	4	the	the	DET
ejge-8925	173	5	literature	literature	NOUN
ejge-8925	173	6	review	review	NOUN
ejge-8925	173	7	section	section	NOUN
ejge-8925	173	8	,	,	PUNCT
ejge-8925	173	9	domestic	domestic	ADJ
ejge-8925	173	10	agents	agent	NOUN
ejge-8925	173	11	'	'	PART
ejge-8925	173	12	disposable	disposable	ADJ
ejge-8925	173	13	income	income	NOUN
ejge-8925	173	14	has	have	VERB
ejge-8925	173	15	a	a	DET
ejge-8925	173	16	positive	positive	ADJ
ejge-8925	173	17	effect	effect	NOUN
ejge-8925	173	18	on	on	ADP
ejge-8925	173	19	the	the	DET
ejge-8925	173	20	demand	demand	NOUN
ejge-8925	173	21	for	for	ADP
ejge-8925	173	22	goods	good	NOUN
ejge-8925	173	23	and	and	CCONJ
ejge-8925	173	24	services	service	NOUN
ejge-8925	173	25	.	.	PUNCT
ejge-8925	174	1	the	the	DET
ejge-8925	174	2	model	model	NOUN
ejge-8925	174	3	incorporates	incorporate	VERB
ejge-8925	174	4	the	the	DET
ejge-8925	174	5	agents	agent	NOUN
ejge-8925	174	6	'	'	PART
ejge-8925	174	7	gdp	gdp	NOUN
ejge-8925	174	8	per	per	ADP
ejge-8925	174	9	capita	capita	NOUN
ejge-8925	174	10	in	in	ADP
ejge-8925	174	11	constant	constant	ADJ
ejge-8925	174	12	prices	price	NOUN
ejge-8925	174	13	and	and	CCONJ
ejge-8925	174	14	purchasing	purchase	VERB
ejge-8925	174	15	power	power	NOUN
ejge-8925	174	16	parities	parity	NOUN
ejge-8925	174	17	(	(	PUNCT
ejge-8925	174	18	ppps	ppps	PROPN
ejge-8925	174	19	)	)	PUNCT
ejge-8925	174	20	as	as	ADP
ejge-8925	174	21	a	a	DET
ejge-8925	174	22	degree	degree	NOUN
ejge-8925	174	23	of	of	ADP
ejge-8925	174	24	the	the	DET
ejge-8925	174	25	domestic	domestic	ADJ
ejge-8925	174	26	agents	agent	NOUN
ejge-8925	174	27	'	'	PART
ejge-8925	174	28	income	income	NOUN
ejge-8925	174	29	.	.	PUNCT
ejge-8925	175	1	the	the	DET
ejge-8925	175	2	estimated	estimate	VERB
ejge-8925	175	3	coefficient	coefficient	NOUN
ejge-8925	175	4	is	be	AUX
ejge-8925	175	5	anticipated	anticipate	VERB
ejge-8925	175	6	to	to	PART
ejge-8925	175	7	have	have	VERB
ejge-8925	175	8	a	a	DET
ejge-8925	175	9	positive	positive	ADJ
ejge-8925	175	10	sign	sign	NOUN
ejge-8925	175	11	since	since	SCONJ
ejge-8925	175	12	agents	agent	NOUN
ejge-8925	175	13	’	'	PUNCT
ejge-8925	175	14	income	income	NOUN
ejge-8925	175	15	influences	influence	VERB
ejge-8925	175	16	the	the	DET
ejge-8925	175	17	demand	demand	NOUN
ejge-8925	175	18	for	for	ADP
ejge-8925	175	19	goods	good	NOUN
ejge-8925	175	20	and	and	CCONJ
ejge-8925	175	21	services	service	NOUN
ejge-8925	175	22	positively	positively	ADV
ejge-8925	175	23	,	,	PUNCT
ejge-8925	175	24	i.e.	i.e.	X
ejge-8925	175	25	,	,	PUNCT
ejge-8925	175	26	a	a	DET
ejge-8925	175	27	rise	rise	NOUN
ejge-8925	175	28	in	in	ADP
ejge-8925	175	29	the	the	DET
ejge-8925	175	30	per	per	ADP
ejge-8925	175	31	capita	capita	X
ejge-8925	175	32	gdp	gdp	NOUN
ejge-8925	175	33	in	in	ADP
ejge-8925	175	34	the	the	DET
ejge-8925	175	35	ez	ez	PROPN
ejge-8925	175	36	raises	raise	VERB
ejge-8925	175	37	eurozone	eurozone	NOUN
ejge-8925	175	38	imports	import	NOUN
ejge-8925	175	39	(	(	PUNCT
ejge-8925	175	40	m	m	NOUN
ejge-8925	175	41	)	)	PUNCT
ejge-8925	175	42	from	from	ADP
ejge-8925	175	43	the	the	DET
ejge-8925	175	44	us	us	PROPN
ejge-8925	175	45	while	while	SCONJ
ejge-8925	175	46	a	a	DET
ejge-8925	175	47	rise	rise	NOUN
ejge-8925	175	48	in	in	ADP
ejge-8925	175	49	the	the	DET
ejge-8925	175	50	us	us	PROPN
ejge-8925	175	51	per	per	ADP
ejge-8925	175	52	capita	capita	X
ejge-8925	175	53	gdp	gdp	NOUN
ejge-8925	175	54	has	have	VERB
ejge-8925	175	55	a	a	DET
ejge-8925	175	56	positive	positive	ADJ
ejge-8925	175	57	effect	effect	NOUN
ejge-8925	175	58	on	on	ADP
ejge-8925	175	59	exports	export	NOUN
ejge-8925	175	60	to	to	ADP
ejge-8925	175	61	the	the	DET
ejge-8925	175	62	us	us	PROPN
ejge-8925	175	63	(	(	PUNCT
ejge-8925	175	64	x	x	NOUN
ejge-8925	175	65	)	)	PUNCT
ejge-8925	175	66	.	.	PUNCT
ejge-8925	176	1	gdp	gdp	NOUN
ejge-8925	176	2	=	=	NOUN
ejge-8925	176	3	gdpus	gdpu	NOUN
ejge-8925	176	4	gdpez	gdpez	NOUN
ejge-8925	176	5	,	,	PUNCT
ejge-8925	176	6	∂x	∂x	PROPN
ejge-8925	176	7	∂gdpus	∂gdpus	PROPN
ejge-8925	176	8	>	>	PUNCT
ejge-8925	176	9	0	0	PROPN
ejge-8925	176	10	,	,	PUNCT
ejge-8925	176	11	∂m	∂m	PROPN
ejge-8925	176	12	∂gdpez	∂gdpez	VERB
ejge-8925	176	13	>	>	X
ejge-8925	176	14	0	0	PUNCT
ejge-8925	177	1	therefore	therefore	ADV
ejge-8925	177	2	,	,	PUNCT
ejge-8925	177	3	∂ca𝜕𝜕	∂ca𝜕𝜕	X
ejge-8925	177	4	∂gdp	∂gdp	X
ejge-8925	177	5	>	>	X
ejge-8925	177	6	0	0	X
ejge-8925	177	7	.	.	PUNCT
ejge-8925	178	1	in	in	ADP
ejge-8925	178	2	this	this	DET
ejge-8925	178	3	work	work	NOUN
ejge-8925	178	4	,	,	PUNCT
ejge-8925	178	5	an	an	DET
ejge-8925	178	6	attempt	attempt	NOUN
ejge-8925	178	7	was	be	AUX
ejge-8925	178	8	made	make	VERB
ejge-8925	178	9	to	to	PART
ejge-8925	178	10	fill	fill	VERB
ejge-8925	178	11	the	the	DET
ejge-8925	178	12	gap	gap	NOUN
ejge-8925	178	13	in	in	ADP
ejge-8925	178	14	the	the	DET
ejge-8925	178	15	literature	literature	NOUN
ejge-8925	178	16	on	on	ADP
ejge-8925	178	17	the	the	DET
ejge-8925	178	18	relationship	relationship	NOUN
ejge-8925	178	19	between	between	ADP
ejge-8925	178	20	cab	cab	NOUN
ejge-8925	178	21	and	and	CCONJ
ejge-8925	178	22	erv	erv	NOUN
ejge-8925	178	23	by	by	ADP
ejge-8925	178	24	employing	employ	VERB
ejge-8925	178	25	an	an	DET
ejge-8925	178	26	erv	erv	NOUN
ejge-8925	178	27	measure	measure	NOUN
ejge-8925	178	28	proposed	propose	VERB
ejge-8925	178	29	by	by	ADP
ejge-8925	178	30	serenis	sereni	NOUN
ejge-8925	178	31	and	and	CCONJ
ejge-8925	178	32	tsounis	tsounis	NOUN
ejge-8925	178	33	(	(	PUNCT
ejge-8925	178	34	2012	2012	NUM
ejge-8925	178	35	,	,	PUNCT
ejge-8925	178	36	2015	2015	NUM
ejge-8925	178	37	)	)	PUNCT
ejge-8925	178	38	.	.	PUNCT
ejge-8925	179	1	since	since	SCONJ
ejge-8925	179	2	erv	erv	PROPN
ejge-8925	179	3	is	be	AUX
ejge-8925	179	4	not	not	PART
ejge-8925	179	5	directly	directly	ADV
ejge-8925	179	6	observable	observable	ADJ
ejge-8925	179	7	,	,	PUNCT
ejge-8925	179	8	there	there	PRON
ejge-8925	179	9	is	be	VERB
ejge-8925	179	10	no	no	DET
ejge-8925	179	11	clear	clear	ADJ
ejge-8925	179	12	,	,	PUNCT
ejge-8925	179	13	correct	correct	ADJ
ejge-8925	179	14	,	,	PUNCT
ejge-8925	179	15	or	or	CCONJ
ejge-8925	179	16	wrong	wrong	ADJ
ejge-8925	179	17	way	way	NOUN
ejge-8925	179	18	to	to	PART
ejge-8925	179	19	measure	measure	VERB
ejge-8925	179	20	it	it	PRON
ejge-8925	179	21	.	.	PUNCT
ejge-8925	180	1	nonetheless	nonetheless	ADV
ejge-8925	180	2	,	,	PUNCT
ejge-8925	180	3	several	several	ADJ
ejge-8925	180	4	researchers	researcher	NOUN
ejge-8925	180	5	over	over	ADP
ejge-8925	180	6	the	the	DET
ejge-8925	180	7	years	year	NOUN
ejge-8925	180	8	attempted	attempt	VERB
ejge-8925	180	9	to	to	PART
ejge-8925	180	10	devise	devise	VERB
ejge-8925	180	11	various	various	ADJ
ejge-8925	180	12	methods	method	NOUN
ejge-8925	180	13	of	of	ADP
ejge-8925	180	14	measuring	measure	VERB
ejge-8925	180	15	it	it	PRON
ejge-8925	180	16	.	.	PUNCT
ejge-8925	181	1	in	in	ADP
ejge-8925	181	2	our	our	PRON
ejge-8925	181	3	approach	approach	NOUN
ejge-8925	181	4	,	,	PUNCT
ejge-8925	181	5	we	we	PRON
ejge-8925	181	6	employed	employ	VERB
ejge-8925	181	7	a	a	DET
ejge-8925	181	8	moving	move	VERB
ejge-8925	181	9	average	average	ADJ
ejge-8925	181	10	formula	formula	NOUN
ejge-8925	181	11	of	of	ADP
ejge-8925	181	12	the	the	DET
ejge-8925	181	13	logarithm	logarithm	NOUN
ejge-8925	181	14	of	of	ADP
ejge-8925	181	15	the	the	DET
ejge-8925	181	16	exchange	exchange	NOUN
ejge-8925	181	17	rate	rate	NOUN
ejge-8925	181	18	,	,	PUNCT
ejge-8925	181	19	the	the	DET
ejge-8925	181	20	formula	formula	NOUN
ejge-8925	181	21	can	can	AUX
ejge-8925	181	22	be	be	AUX
ejge-8925	181	23	found	find	VERB
ejge-8925	181	24	in	in	ADP
ejge-8925	181	25	table	table	NOUN
ejge-8925	181	26	1	1	NUM
ejge-8925	181	27	signified	signify	VERB
ejge-8925	181	28	by	by	ADP
ejge-8925	181	29	equation	equation	NOUN
ejge-8925	181	30	(	(	PUNCT
ejge-8925	181	31	3	3	NUM
ejge-8925	181	32	)	)	PUNCT
ejge-8925	181	33	.	.	PUNCT
ejge-8925	182	1	v	v	NOUN
ejge-8925	182	2	is	be	AUX
ejge-8925	182	3	the	the	DET
ejge-8925	182	4	volatility	volatility	NOUN
ejge-8925	182	5	of	of	ADP
ejge-8925	182	6	the	the	DET
ejge-8925	182	7	exchange	exchange	NOUN
ejge-8925	182	8	rate	rate	NOUN
ejge-8925	182	9	,	,	PUNCT
ejge-8925	182	10	r	r	NOUN
ejge-8925	182	11	stands	stand	VERB
ejge-8925	182	12	for	for	ADP
ejge-8925	182	13	the	the	DET
ejge-8925	182	14	logarithm	logarithm	NOUN
ejge-8925	182	15	of	of	ADP
ejge-8925	182	16	the	the	DET
ejge-8925	182	17	real	real	ADJ
ejge-8925	182	18	exchange	exchange	NOUN
ejge-8925	182	19	rate	rate	NOUN
ejge-8925	182	20	,	,	PUNCT
ejge-8925	182	21	and	and	CCONJ
ejge-8925	182	22	m	m	NOUN
ejge-8925	182	23	is	be	AUX
ejge-8925	182	24	the	the	DET
ejge-8925	182	25	number	number	NOUN
ejge-8925	182	26	of	of	ADP
ejge-8925	182	27	periods	period	NOUN
ejge-8925	182	28	,	,	PUNCT
ejge-8925	182	29	in	in	ADP
ejge-8925	182	30	our	our	PRON
ejge-8925	182	31	case	case	NOUN
ejge-8925	182	32	,	,	PUNCT
ejge-8925	182	33	4	4	NUM
ejge-8925	182	34	quarters	quarter	NOUN
ejge-8925	182	35	have	have	AUX
ejge-8925	182	36	been	be	AUX
ejge-8925	182	37	used	use	VERB
ejge-8925	182	38	as	as	ADP
ejge-8925	182	39	a	a	DET
ejge-8925	182	40	lag	lag	NOUN
ejge-8925	182	41	to	to	PART
ejge-8925	182	42	observe	observe	VERB
ejge-8925	182	43	the	the	DET
ejge-8925	182	44	low	low	ADJ
ejge-8925	182	45	and	and	CCONJ
ejge-8925	182	46	high	high	ADJ
ejge-8925	182	47	peak	peak	NOUN
ejge-8925	182	48	values	value	NOUN
ejge-8925	182	49	.	.	PUNCT
ejge-8925	183	1	this	this	PRON
ejge-8925	183	2	is	be	AUX
ejge-8925	183	3	an	an	DET
ejge-8925	183	4	ad	ad	NOUN
ejge-8925	183	5	-	-	PUNCT
ejge-8925	183	6	hoc	hoc	X
ejge-8925	183	7	hypothesis	hypothesis	NOUN
ejge-8925	183	8	based	base	VERB
ejge-8925	183	9	on	on	ADP
ejge-8925	183	10	adaptive	adaptive	ADJ
ejge-8925	183	11	expectations	expectation	NOUN
ejge-8925	183	12	(	(	PUNCT
ejge-8925	183	13	see	see	VERB
ejge-8925	183	14	serenis	serenis	NOUN
ejge-8925	183	15	and	and	CCONJ
ejge-8925	183	16	tsounis	tsouni	NOUN
ejge-8925	183	17	2012	2012	NUM
ejge-8925	183	18	,	,	PUNCT
ejge-8925	183	19	2015	2015	NUM
ejge-8925	183	20	)	)	PUNCT
ejge-8925	183	21	.	.	PUNCT
ejge-8925	184	1	generally	generally	ADV
ejge-8925	184	2	,	,	PUNCT
ejge-8925	184	3	erv	erv	PROPN
ejge-8925	184	4	negatively	negatively	ADV
ejge-8925	184	5	affects	affect	VERB
ejge-8925	184	6	the	the	DET
ejge-8925	184	7	cab	cab	NOUN
ejge-8925	184	8	because	because	SCONJ
ejge-8925	184	9	it	it	PRON
ejge-8925	184	10	raises	raise	VERB
ejge-8925	184	11	uncertainty	uncertainty	NOUN
ejge-8925	184	12	about	about	ADP
ejge-8925	184	13	import	import	NOUN
ejge-8925	184	14	and	and	CCONJ
ejge-8925	184	15	export	export	NOUN
ejge-8925	184	16	prices	price	NOUN
ejge-8925	184	17	of	of	ADP
ejge-8925	184	18	goods	good	NOUN
ejge-8925	184	19	and	and	CCONJ
ejge-8925	184	20	services	service	NOUN
ejge-8925	184	21	when	when	SCONJ
ejge-8925	184	22	agents	agent	NOUN
ejge-8925	184	23	are	be	AUX
ejge-8925	184	24	risk	risk	NOUN
ejge-8925	184	25	averse	averse	ADJ
ejge-8925	184	26	.	.	PUNCT
ejge-8925	185	1	however	however	ADV
ejge-8925	185	2	,	,	PUNCT
ejge-8925	185	3	it	it	PRON
ejge-8925	185	4	may	may	AUX
ejge-8925	185	5	have	have	VERB
ejge-8925	185	6	a	a	DET
ejge-8925	185	7	positive	positive	ADJ
ejge-8925	185	8	effect	effect	NOUN
ejge-8925	185	9	on	on	ADP
ejge-8925	185	10	trade	trade	NOUN
ejge-8925	185	11	flows	flow	NOUN
ejge-8925	185	12	if	if	SCONJ
ejge-8925	185	13	agents	agent	NOUN
ejge-8925	185	14	are	be	AUX
ejge-8925	185	15	risk	risk	NOUN
ejge-8925	185	16	-	-	PUNCT
ejge-8925	185	17	loving	love	VERB
ejge-8925	185	18	(	(	PUNCT
ejge-8925	185	19	agiomirgianakis	agiomirgianaki	NOUN
ejge-8925	185	20	et	et	PROPN
ejge-8925	185	21	al	al	PROPN
ejge-8925	185	22	.	.	PROPN
ejge-8925	185	23	2017	2017	NUM
ejge-8925	185	24	)	)	PUNCT
ejge-8925	185	25	.	.	PUNCT
ejge-8925	186	1	assumptions	assumption	NOUN
ejge-8925	186	2	regarding	regard	VERB
ejge-8925	186	3	the	the	DET
ejge-8925	186	4	sign	sign	NOUN
ejge-8925	186	5	of	of	ADP
ejge-8925	186	6	the	the	DET
ejge-8925	186	7	coefficient	coefficient	NOUN
ejge-8925	186	8	can	can	AUX
ejge-8925	186	9	not	not	PART
ejge-8925	186	10	be	be	AUX
ejge-8925	186	11	drawn	draw	VERB
ejge-8925	186	12	ex	ex	NOUN
ejge-8925	186	13	-	-	NOUN
ejge-8925	186	14	ante	ante	NOUN
ejge-8925	186	15	,	,	PUNCT
ejge-8925	186	16	this	this	PRON
ejge-8925	186	17	will	will	AUX
ejge-8925	186	18	be	be	AUX
ejge-8925	186	19	empirically	empirically	ADV
ejge-8925	186	20	estimated	estimate	VERB
ejge-8925	186	21	.	.	PUNCT
ejge-8925	187	1	if	if	SCONJ
ejge-8925	187	2	the	the	DET
ejge-8925	187	3	erv	erv	PROPN
ejge-8925	187	4	coefficient	coefficient	PROPN
ejge-8925	187	5	displays	display	VERB
ejge-8925	187	6	a	a	DET
ejge-8925	187	7	positive	positive	ADJ
ejge-8925	187	8	sign	sign	NOUN
ejge-8925	187	9	,	,	PUNCT
ejge-8925	187	10	this	this	PRON
ejge-8925	187	11	indicates	indicate	VERB
ejge-8925	187	12	that	that	SCONJ
ejge-8925	187	13	the	the	DET
ejge-8925	187	14	eurozone	eurozone	NOUN
ejge-8925	187	15	countries	country	NOUN
ejge-8925	187	16	’	'	PUNCT
ejge-8925	187	17	exporters	exporter	NOUN
ejge-8925	187	18	are	be	AUX
ejge-8925	187	19	more	more	ADJ
ejge-8925	187	20	risk	risk	NOUN
ejge-8925	187	21	lovers	lover	NOUN
ejge-8925	187	22	than	than	ADP
ejge-8925	187	23	those	those	PRON
ejge-8925	187	24	of	of	ADP
ejge-8925	187	25	the	the	DET
ejge-8925	187	26	united	united	PROPN
ejge-8925	187	27	states	states	PROPN
ejge-8925	187	28	and	and	CCONJ
ejge-8925	187	29	the	the	DET
ejge-8925	187	30	opposite	opposite	NOUN
ejge-8925	187	31	is	be	AUX
ejge-8925	187	32	if	if	SCONJ
ejge-8925	187	33	the	the	DET
ejge-8925	187	34	sign	sign	NOUN
ejge-8925	187	35	of	of	ADP
ejge-8925	187	36	erv	erv	PROPN
ejge-8925	187	37	is	be	AUX
ejge-8925	187	38	negative	negative	ADJ
ejge-8925	187	39	.	.	PUNCT
ejge-8925	188	1	therefore	therefore	ADV
ejge-8925	188	2	,	,	PUNCT
ejge-8925	188	3	either	either	CCONJ
ejge-8925	188	4	𝜕𝜕𝐶𝐶𝜕𝜕𝜕𝜕	𝜕𝜕𝐶𝐶𝜕𝜕𝜕𝜕	PROPN
ejge-8925	188	5	𝜕𝜕𝐸𝐸𝑅𝑅𝜕𝜕	𝜕𝜕𝐸𝐸𝑅𝑅𝜕𝜕	VERB
ejge-8925	188	6	>	>	X
ejge-8925	188	7	0	0	PUNCT
ejge-8925	188	8	or	or	CCONJ
ejge-8925	188	9	𝜕𝜕𝐶𝐶𝜕𝜕𝜕𝜕	𝜕𝜕𝐶𝐶𝜕𝜕𝜕𝜕	PROPN
ejge-8925	188	10	𝜕𝜕𝐸𝐸𝑅𝑅𝜕𝜕	𝜕𝜕𝐸𝐸𝑅𝑅𝜕𝜕	VERB
ejge-8925	188	11	<	<	X
ejge-8925	188	12	0	0	X
ejge-8925	188	13	.	.	PUNCT
ejge-8925	188	14	gerassimos	gerassimos	PROPN
ejge-8925	188	15	bertsatos	bertsatos	PROPN
ejge-8925	188	16	/	/	SYM
ejge-8925	188	17	european	european	PROPN
ejge-8925	188	18	journal	journal	PROPN
ejge-8925	188	19	of	of	ADP
ejge-8925	188	20	government	government	NOUN
ejge-8925	188	21	and	and	CCONJ
ejge-8925	188	22	economics	economic	NOUN
ejge-8925	188	23	11(2	11(2	NUM
ejge-8925	188	24	)	)	PUNCT
ejge-8925	188	25	,	,	PUNCT
ejge-8925	188	26	december	december	PROPN
ejge-8925	188	27	2022	2022	NUM
ejge-8925	188	28	,	,	PUNCT
ejge-8925	188	29	141	141	NUM
ejge-8925	188	30	-	-	SYM
ejge-8925	188	31	166	166	NUM
ejge-8925	188	32	150	150	NUM
ejge-8925	188	33	3.3	3.3	NUM
ejge-8925	188	34	methodology	methodology	NOUN
ejge-8925	188	35	a	a	DET
ejge-8925	188	36	panel	panel	NOUN
ejge-8925	188	37	data	datum	NOUN
ejge-8925	188	38	cointegration	cointegration	NOUN
ejge-8925	188	39	analysis	analysis	NOUN
ejge-8925	188	40	was	be	AUX
ejge-8925	188	41	performed	perform	VERB
ejge-8925	188	42	to	to	PART
ejge-8925	188	43	investigate	investigate	VERB
ejge-8925	188	44	the	the	DET
ejge-8925	188	45	long	long	ADV
ejge-8925	188	46	-	-	PUNCT
ejge-8925	188	47	run	run	NOUN
ejge-8925	188	48	relationship	relationship	NOUN
ejge-8925	188	49	between	between	ADP
ejge-8925	188	50	the	the	DET
ejge-8925	188	51	cab	cab	NOUN
ejge-8925	188	52	and	and	CCONJ
ejge-8925	188	53	its	its	PRON
ejge-8925	188	54	determinants	determinant	NOUN
ejge-8925	188	55	.	.	PUNCT
ejge-8925	189	1	cointegration	cointegration	NOUN
ejge-8925	189	2	analysis	analysis	NOUN
ejge-8925	189	3	examines	examine	VERB
ejge-8925	189	4	the	the	DET
ejge-8925	189	5	presence	presence	NOUN
ejge-8925	189	6	of	of	ADP
ejge-8925	189	7	a	a	DET
ejge-8925	189	8	cointegrated	cointegrate	VERB
ejge-8925	189	9	mixture	mixture	NOUN
ejge-8925	189	10	of	of	ADP
ejge-8925	189	11	the	the	DET
ejge-8925	189	12	series	series	NOUN
ejge-8925	189	13	to	to	PART
ejge-8925	189	14	evaluate	evaluate	VERB
ejge-8925	189	15	whether	whether	SCONJ
ejge-8925	189	16	there	there	PRON
ejge-8925	189	17	is	be	VERB
ejge-8925	189	18	a	a	DET
ejge-8925	189	19	statistically	statistically	ADV
ejge-8925	189	20	significant	significant	ADJ
ejge-8925	189	21	relationship	relationship	NOUN
ejge-8925	189	22	among	among	ADP
ejge-8925	189	23	the	the	DET
ejge-8925	189	24	variables	variable	NOUN
ejge-8925	189	25	.	.	PUNCT
ejge-8925	190	1	if	if	SCONJ
ejge-8925	190	2	the	the	DET
ejge-8925	190	3	order	order	NOUN
ejge-8925	190	4	of	of	ADP
ejge-8925	190	5	integration	integration	NOUN
ejge-8925	190	6	of	of	ADP
ejge-8925	190	7	this	this	DET
ejge-8925	190	8	combination	combination	NOUN
ejge-8925	190	9	is	be	AUX
ejge-8925	190	10	low	low	ADJ
ejge-8925	190	11	,	,	PUNCT
ejge-8925	190	12	it	it	PRON
ejge-8925	190	13	implies	imply	VERB
ejge-8925	190	14	an	an	DET
ejge-8925	190	15	equilibrium	equilibrium	NOUN
ejge-8925	190	16	relationship	relationship	NOUN
ejge-8925	190	17	among	among	ADP
ejge-8925	190	18	the	the	DET
ejge-8925	190	19	initial	initial	ADJ
ejge-8925	190	20	series	series	NOUN
ejge-8925	190	21	,	,	PUNCT
ejge-8925	190	22	which	which	PRON
ejge-8925	190	23	is	be	AUX
ejge-8925	190	24	known	know	VERB
ejge-8925	190	25	as	as	ADP
ejge-8925	190	26	cointegration	cointegration	NOUN
ejge-8925	190	27	.	.	PUNCT
ejge-8925	191	1	when	when	SCONJ
ejge-8925	191	2	applied	apply	VERB
ejge-8925	191	3	to	to	ADP
ejge-8925	191	4	nonstationary	nonstationary	ADJ
ejge-8925	191	5	time	time	NOUN
ejge-8925	191	6	series	series	NOUN
ejge-8925	191	7	,	,	PUNCT
ejge-8925	191	8	it	it	PRON
ejge-8925	191	9	is	be	AUX
ejge-8925	191	10	essential	essential	ADJ
ejge-8925	191	11	to	to	PART
ejge-8925	191	12	employ	employ	VERB
ejge-8925	191	13	cointegration	cointegration	NOUN
ejge-8925	191	14	analysis	analysis	NOUN
ejge-8925	191	15	rather	rather	ADV
ejge-8925	191	16	than	than	ADP
ejge-8925	191	17	standard	standard	ADJ
ejge-8925	191	18	linear	linear	ADJ
ejge-8925	191	19	regression	regression	NOUN
ejge-8925	191	20	techniques	technique	NOUN
ejge-8925	191	21	,	,	PUNCT
ejge-8925	191	22	as	as	SCONJ
ejge-8925	191	23	the	the	DET
ejge-8925	191	24	latter	latter	ADJ
ejge-8925	191	25	would	would	AUX
ejge-8925	191	26	yield	yield	VERB
ejge-8925	191	27	spurious	spurious	ADJ
ejge-8925	191	28	results	result	NOUN
ejge-8925	191	29	.	.	PUNCT
ejge-8925	192	1	an	an	DET
ejge-8925	192	2	empirical	empirical	ADJ
ejge-8925	192	3	model	model	NOUN
ejge-8925	192	4	that	that	PRON
ejge-8925	192	5	investigates	investigate	VERB
ejge-8925	192	6	both	both	CCONJ
ejge-8925	192	7	the	the	DET
ejge-8925	192	8	shortand	shortand	NOUN
ejge-8925	192	9	long	long	ADV
ejge-8925	192	10	-	-	PUNCT
ejge-8925	192	11	run	run	NOUN
ejge-8925	192	12	relationship	relationship	NOUN
ejge-8925	192	13	between	between	ADP
ejge-8925	192	14	the	the	DET
ejge-8925	192	15	cab	cab	NOUN
ejge-8925	192	16	and	and	CCONJ
ejge-8925	192	17	its	its	PRON
ejge-8925	192	18	determinants	determinant	NOUN
ejge-8925	192	19	in	in	ADP
ejge-8925	192	20	the	the	DET
ejge-8925	192	21	bilateral	bilateral	ADJ
ejge-8925	192	22	relationship	relationship	NOUN
ejge-8925	192	23	between	between	ADP
ejge-8925	192	24	the	the	DET
ejge-8925	192	25	us	us	PROPN
ejge-8925	192	26	and	and	CCONJ
ejge-8925	192	27	ez	ez	PROPN
ejge-8925	192	28	member	member	NOUN
ejge-8925	192	29	states	state	NOUN
ejge-8925	192	30	was	be	AUX
ejge-8925	192	31	created	create	VERB
ejge-8925	192	32	.	.	PUNCT
ejge-8925	193	1	this	this	PRON
ejge-8925	193	2	is	be	AUX
ejge-8925	193	3	especially	especially	ADV
ejge-8925	193	4	crucial	crucial	ADJ
ejge-8925	193	5	when	when	SCONJ
ejge-8925	193	6	the	the	DET
ejge-8925	193	7	econometric	econometric	ADJ
ejge-8925	193	8	model	model	NOUN
ejge-8925	193	9	is	be	AUX
ejge-8925	193	10	used	use	VERB
ejge-8925	193	11	to	to	PART
ejge-8925	193	12	make	make	VERB
ejge-8925	193	13	policyimplementation	policyimplementation	NOUN
ejge-8925	193	14	inferences	inference	NOUN
ejge-8925	193	15	with	with	ADP
ejge-8925	193	16	time	time	NOUN
ejge-8925	193	17	lags	lag	NOUN
ejge-8925	193	18	.	.	PUNCT
ejge-8925	194	1	both	both	DET
ejge-8925	194	2	shortand	shortand	NOUN
ejge-8925	194	3	long	long	ADJ
ejge-8925	194	4	-	-	PUNCT
ejge-8925	194	5	term	term	NOUN
ejge-8925	194	6	effects	effect	NOUN
ejge-8925	194	7	were	be	AUX
ejge-8925	194	8	assessed	assess	VERB
ejge-8925	194	9	on	on	ADP
ejge-8925	194	10	the	the	DET
ejge-8925	194	11	cab	cab	NOUN
ejge-8925	194	12	and	and	CCONJ
ejge-8925	194	13	its	its	PRON
ejge-8925	194	14	determinants	determinant	NOUN
ejge-8925	194	15	,	,	PUNCT
ejge-8925	194	16	making	make	VERB
ejge-8925	194	17	use	use	NOUN
ejge-8925	194	18	of	of	ADP
ejge-8925	194	19	a	a	DET
ejge-8925	194	20	dataset	dataset	NOUN
ejge-8925	194	21	comprised	comprise	VERB
ejge-8925	194	22	of	of	ADP
ejge-8925	194	23	the	the	DET
ejge-8925	194	24	19	19	NUM
ejge-8925	194	25	eurozone	eurozone	NOUN
ejge-8925	194	26	member	member	NOUN
ejge-8925	194	27	states	state	NOUN
ejge-8925	194	28	with	with	ADP
ejge-8925	194	29	the	the	DET
ejge-8925	194	30	us	us	PROPN
ejge-8925	194	31	as	as	ADP
ejge-8925	194	32	a	a	DET
ejge-8925	194	33	trading	trading	NOUN
ejge-8925	194	34	partner	partner	NOUN
ejge-8925	194	35	,	,	PUNCT
ejge-8925	194	36	rather	rather	ADV
ejge-8925	194	37	than	than	ADP
ejge-8925	194	38	averaging	average	VERB
ejge-8925	194	39	the	the	DET
ejge-8925	194	40	data	datum	NOUN
ejge-8925	194	41	for	for	ADP
ejge-8925	194	42	each	each	DET
ejge-8925	194	43	state	state	NOUN
ejge-8925	194	44	.	.	PUNCT
ejge-8925	195	1	the	the	DET
ejge-8925	195	2	pmg	pmg	PROPN
ejge-8925	195	3	method	method	NOUN
ejge-8925	195	4	was	be	AUX
ejge-8925	195	5	used	use	VERB
ejge-8925	195	6	,	,	PUNCT
ejge-8925	195	7	which	which	PRON
ejge-8925	195	8	can	can	AUX
ejge-8925	195	9	be	be	AUX
ejge-8925	195	10	thought	think	VERB
ejge-8925	195	11	of	of	ADP
ejge-8925	195	12	as	as	ADP
ejge-8925	195	13	a	a	DET
ejge-8925	195	14	panel	panel	NOUN
ejge-8925	195	15	error	error	NOUN
ejge-8925	195	16	correction	correction	NOUN
ejge-8925	195	17	(	(	PUNCT
ejge-8925	195	18	ec	ec	PROPN
ejge-8925	195	19	)	)	PUNCT
ejge-8925	195	20	model	model	NOUN
ejge-8925	195	21	,	,	PUNCT
ejge-8925	195	22	in	in	ADP
ejge-8925	195	23	which	which	PRON
ejge-8925	195	24	shortand	shortand	NOUN
ejge-8925	195	25	long	long	ADJ
ejge-8925	195	26	-	-	PUNCT
ejge-8925	195	27	term	term	NOUN
ejge-8925	195	28	effects	effect	NOUN
ejge-8925	195	29	are	be	AUX
ejge-8925	195	30	estimated	estimate	VERB
ejge-8925	195	31	mutually	mutually	ADV
ejge-8925	195	32	using	use	VERB
ejge-8925	195	33	an	an	DET
ejge-8925	195	34	ardl	ardl	NOUN
ejge-8925	195	35	model	model	NOUN
ejge-8925	195	36	(	(	PUNCT
ejge-8925	195	37	pesaran	pesaran	NOUN
ejge-8925	195	38	and	and	CCONJ
ejge-8925	195	39	shin	shin	NOUN
ejge-8925	195	40	,	,	PUNCT
ejge-8925	195	41	1999	1999	NUM
ejge-8925	195	42	)	)	PUNCT
ejge-8925	195	43	where	where	SCONJ
ejge-8925	195	44	the	the	DET
ejge-8925	195	45	short	short	ADJ
ejge-8925	195	46	-	-	PUNCT
ejge-8925	195	47	run	run	NOUN
ejge-8925	195	48	effects	effect	NOUN
ejge-8925	195	49	are	be	AUX
ejge-8925	195	50	permitted	permit	VERB
ejge-8925	195	51	to	to	PART
ejge-8925	195	52	differ	differ	VERB
ejge-8925	195	53	among	among	ADP
ejge-8925	195	54	cross	cross	NOUN
ejge-8925	195	55	-	-	NOUN
ejge-8925	195	56	sections	section	NOUN
ejge-8925	195	57	with	with	ADP
ejge-8925	195	58	common	common	ADJ
ejge-8925	195	59	longrun	longrun	NOUN
ejge-8925	195	60	coefficients	coefficient	NOUN
ejge-8925	195	61	.	.	PUNCT
ejge-8925	196	1	country	country	NOUN
ejge-8925	196	2	heterogeneity	heterogeneity	NOUN
ejge-8925	196	3	is	be	AUX
ejge-8925	196	4	especially	especially	ADV
ejge-8925	196	5	important	important	ADJ
ejge-8925	196	6	in	in	ADP
ejge-8925	196	7	short	short	ADJ
ejge-8925	196	8	-	-	PUNCT
ejge-8925	196	9	run	run	NOUN
ejge-8925	196	10	relations	relation	NOUN
ejge-8925	196	11	,	,	PUNCT
ejge-8925	196	12	but	but	CCONJ
ejge-8925	196	13	long	long	ADV
ejge-8925	196	14	-	-	PUNCT
ejge-8925	196	15	run	run	VERB
ejge-8925	196	16	relations	relation	NOUN
ejge-8925	196	17	among	among	ADP
ejge-8925	196	18	cab	cab	NOUN
ejge-8925	196	19	are	be	AUX
ejge-8925	196	20	expected	expect	VERB
ejge-8925	196	21	to	to	PART
ejge-8925	196	22	be	be	AUX
ejge-8925	196	23	more	more	ADV
ejge-8925	196	24	homogenous	homogenous	ADJ
ejge-8925	196	25	among	among	ADP
ejge-8925	196	26	nations	nation	NOUN
ejge-8925	196	27	in	in	ADP
ejge-8925	196	28	the	the	DET
ejge-8925	196	29	long	long	ADJ
ejge-8925	196	30	run	run	NOUN
ejge-8925	196	31	.	.	PUNCT
ejge-8925	197	1	the	the	DET
ejge-8925	197	2	pmg	pmg	PROPN
ejge-8925	197	3	technique	technique	NOUN
ejge-8925	197	4	also	also	ADV
ejge-8925	197	5	produces	produce	VERB
ejge-8925	197	6	reliable	reliable	ADJ
ejge-8925	197	7	estimates	estimate	NOUN
ejge-8925	197	8	of	of	ADP
ejge-8925	197	9	the	the	DET
ejge-8925	197	10	parameters	parameter	NOUN
ejge-8925	197	11	in	in	ADP
ejge-8925	197	12	the	the	DET
ejge-8925	197	13	long	long	ADJ
ejge-8925	197	14	-	-	PUNCT
ejge-8925	197	15	run	run	NOUN
ejge-8925	197	16	relation	relation	NOUN
ejge-8925	197	17	among	among	ADP
ejge-8925	197	18	stationary	stationary	ADJ
ejge-8925	197	19	and	and	CCONJ
ejge-8925	197	20	integrated	integrated	ADJ
ejge-8925	197	21	variables	variable	NOUN
ejge-8925	197	22	.	.	PUNCT
ejge-8925	198	1	when	when	SCONJ
ejge-8925	198	2	both	both	DET
ejge-8925	198	3	i(0	i(0	PROPN
ejge-8925	198	4	)	)	PUNCT
ejge-8925	198	5	and	and	CCONJ
ejge-8925	198	6	i(1	i(1	PROPN
ejge-8925	198	7	)	)	PUNCT
ejge-8925	198	8	variables	variable	NOUN
ejge-8925	198	9	are	be	AUX
ejge-8925	198	10	incorporated	incorporate	VERB
ejge-8925	198	11	in	in	ADP
ejge-8925	198	12	this	this	DET
ejge-8925	198	13	manner	manner	NOUN
ejge-8925	198	14	,	,	PUNCT
ejge-8925	198	15	the	the	DET
ejge-8925	198	16	model	model	NOUN
ejge-8925	198	17	can	can	AUX
ejge-8925	198	18	be	be	AUX
ejge-8925	198	19	estimated	estimate	VERB
ejge-8925	198	20	,	,	PUNCT
ejge-8925	198	21	whereas	whereas	SCONJ
ejge-8925	198	22	other	other	ADJ
ejge-8925	198	23	techniques	technique	NOUN
ejge-8925	198	24	need	need	VERB
ejge-8925	198	25	only	only	ADV
ejge-8925	198	26	i(0	i(0	PROPN
ejge-8925	198	27	)	)	PUNCT
ejge-8925	198	28	or	or	CCONJ
ejge-8925	198	29	i(1	i(1	PROPN
ejge-8925	198	30	)	)	PUNCT
ejge-8925	198	31	variables	variable	NOUN
ejge-8925	198	32	.	.	PUNCT
ejge-8925	199	1	however	however	ADV
ejge-8925	199	2	,	,	PUNCT
ejge-8925	199	3	the	the	DET
ejge-8925	199	4	pmg	pmg	PROPN
ejge-8925	199	5	approach	approach	NOUN
ejge-8925	199	6	still	still	ADV
ejge-8925	199	7	demands	demand	VERB
ejge-8925	199	8	the	the	DET
ejge-8925	199	9	regressors	regressor	NOUN
ejge-8925	199	10	to	to	PART
ejge-8925	199	11	be	be	AUX
ejge-8925	199	12	entirely	entirely	ADV
ejge-8925	199	13	exogenous	exogenous	ADJ
ejge-8925	199	14	.	.	PUNCT
ejge-8925	200	1	this	this	PRON
ejge-8925	200	2	is	be	AUX
ejge-8925	200	3	ensured	ensure	VERB
ejge-8925	200	4	if	if	SCONJ
ejge-8925	200	5	the	the	DET
ejge-8925	200	6	dynamic	dynamic	ADJ
ejge-8925	200	7	specification	specification	NOUN
ejge-8925	200	8	of	of	ADP
ejge-8925	200	9	the	the	DET
ejge-8925	200	10	model	model	NOUN
ejge-8925	200	11	is	be	AUX
ejge-8925	200	12	sufficiently	sufficiently	ADV
ejge-8925	200	13	improved	improve	VERB
ejge-8925	200	14	such	such	ADJ
ejge-8925	200	15	that	that	SCONJ
ejge-8925	200	16	the	the	DET
ejge-8925	200	17	regressors	regressor	NOUN
ejge-8925	200	18	are	be	AUX
ejge-8925	200	19	strictly	strictly	ADV
ejge-8925	200	20	exogenous	exogenous	ADJ
ejge-8925	200	21	.	.	PUNCT
ejge-8925	201	1	increasing	increase	VERB
ejge-8925	201	2	the	the	DET
ejge-8925	201	3	number	number	NOUN
ejge-8925	201	4	of	of	ADP
ejge-8925	201	5	regressors	regressor	NOUN
ejge-8925	201	6	randomly	randomly	ADV
ejge-8925	201	7	,	,	PUNCT
ejge-8925	201	8	on	on	ADP
ejge-8925	201	9	the	the	DET
ejge-8925	201	10	other	other	ADJ
ejge-8925	201	11	hand	hand	NOUN
ejge-8925	201	12	,	,	PUNCT
ejge-8925	201	13	reduces	reduce	VERB
ejge-8925	201	14	the	the	DET
ejge-8925	201	15	degrees	degree	NOUN
ejge-8925	201	16	of	of	ADP
ejge-8925	201	17	freedom	freedom	NOUN
ejge-8925	201	18	.	.	PUNCT
ejge-8925	202	1	the	the	DET
ejge-8925	202	2	residuals	residual	NOUN
ejge-8925	202	3	must	must	AUX
ejge-8925	202	4	also	also	ADV
ejge-8925	202	5	be	be	AUX
ejge-8925	202	6	serially	serially	ADV
ejge-8925	202	7	uncorrelated	uncorrelate	VERB
ejge-8925	202	8	.	.	PUNCT
ejge-8925	203	1	likewise	likewise	ADV
ejge-8925	203	2	,	,	PUNCT
ejge-8925	203	3	it	it	PRON
ejge-8925	203	4	is	be	AUX
ejge-8925	203	5	essential	essential	ADJ
ejge-8925	203	6	to	to	PART
ejge-8925	203	7	ensure	ensure	VERB
ejge-8925	203	8	that	that	SCONJ
ejge-8925	203	9	the	the	DET
ejge-8925	203	10	variables	variable	NOUN
ejge-8925	203	11	are	be	AUX
ejge-8925	203	12	not	not	PART
ejge-8925	203	13	i(2	i(2	PROPN
ejge-8925	203	14	)	)	PUNCT
ejge-8925	203	15	since	since	SCONJ
ejge-8925	203	16	the	the	DET
ejge-8925	203	17	pmg	pmg	PROPN
ejge-8925	203	18	technique	technique	NOUN
ejge-8925	203	19	would	would	AUX
ejge-8925	203	20	provide	provide	VERB
ejge-8925	203	21	spurious	spurious	ADJ
ejge-8925	203	22	results	result	NOUN
ejge-8925	203	23	.	.	PUNCT
ejge-8925	204	1	thus	thus	ADV
ejge-8925	204	2	,	,	PUNCT
ejge-8925	204	3	before	before	ADP
ejge-8925	204	4	advancing	advance	VERB
ejge-8925	204	5	with	with	ADP
ejge-8925	204	6	model	model	NOUN
ejge-8925	204	7	estimation	estimation	NOUN
ejge-8925	204	8	,	,	PUNCT
ejge-8925	204	9	the	the	DET
ejge-8925	204	10	order	order	NOUN
ejge-8925	204	11	of	of	ADP
ejge-8925	204	12	integration	integration	NOUN
ejge-8925	204	13	of	of	ADP
ejge-8925	204	14	the	the	DET
ejge-8925	204	15	regressors	regressor	NOUN
ejge-8925	204	16	must	must	AUX
ejge-8925	204	17	be	be	AUX
ejge-8925	204	18	tested	test	VERB
ejge-8925	204	19	.	.	PUNCT
ejge-8925	205	1	this	this	DET
ejge-8925	205	2	issue	issue	NOUN
ejge-8925	205	3	has	have	AUX
ejge-8925	205	4	been	be	AUX
ejge-8925	205	5	validated	validate	VERB
ejge-8925	205	6	by	by	ADP
ejge-8925	205	7	applying	apply	VERB
ejge-8925	205	8	the	the	DET
ejge-8925	205	9	i	i	PROPN
ejge-8925	205	10	m	m	PROPN
ejge-8925	205	11	,	,	PUNCT
ejge-8925	205	12	pesaran	pesaran	VERB
ejge-8925	205	13	,	,	PUNCT
ejge-8925	205	14	and	and	CCONJ
ejge-8925	205	15	shin	shin	NOUN
ejge-8925	205	16	(	(	PUNCT
ejge-8925	205	17	ips	ips	PROPN
ejge-8925	205	18	)	)	PUNCT
ejge-8925	205	19	unit	unit	NOUN
ejge-8925	205	20	root	root	NOUN
ejge-8925	205	21	test	test	NOUN
ejge-8925	205	22	for	for	ADP
ejge-8925	205	23	panel	panel	NOUN
ejge-8925	205	24	data	datum	NOUN
ejge-8925	205	25	,	,	PUNCT
ejge-8925	205	26	as	as	ADV
ejge-8925	205	27	well	well	ADV
ejge-8925	205	28	as	as	ADP
ejge-8925	205	29	the	the	DET
ejge-8925	205	30	levin	levin	PROPN
ejge-8925	205	31	,	,	PUNCT
ejge-8925	205	32	lin	lin	PROPN
ejge-8925	205	33	,	,	PUNCT
ejge-8925	205	34	and	and	CCONJ
ejge-8925	205	35	chu	chu	PROPN
ejge-8925	205	36	(	(	PUNCT
ejge-8925	205	37	llc	llc	PROPN
ejge-8925	205	38	)	)	PUNCT
ejge-8925	205	39	unit	unit	NOUN
ejge-8925	205	40	root	root	NOUN
ejge-8925	205	41	test	test	NOUN
ejge-8925	205	42	.	.	PUNCT
ejge-8925	206	1	the	the	DET
ejge-8925	206	2	first	first	ADJ
ejge-8925	206	3	step	step	NOUN
ejge-8925	206	4	for	for	ADP
ejge-8925	206	5	the	the	DET
ejge-8925	206	6	pmg	pmg	PROPN
ejge-8925	206	7	method	method	NOUN
ejge-8925	206	8	is	be	AUX
ejge-8925	206	9	to	to	PART
ejge-8925	206	10	conduct	conduct	VERB
ejge-8925	206	11	panel	panel	NOUN
ejge-8925	206	12	unit	unit	NOUN
ejge-8925	206	13	root	root	NOUN
ejge-8925	206	14	tests	test	NOUN
ejge-8925	206	15	on	on	ADP
ejge-8925	206	16	the	the	DET
ejge-8925	206	17	dependent	dependent	ADJ
ejge-8925	206	18	and	and	CCONJ
ejge-8925	206	19	independent	independent	ADJ
ejge-8925	206	20	variables	variable	NOUN
ejge-8925	206	21	of	of	ADP
ejge-8925	206	22	interest	interest	NOUN
ejge-8925	206	23	.	.	PUNCT
ejge-8925	207	1	time	time	NOUN
ejge-8925	207	2	-	-	PUNCT
ejge-8925	207	3	series	series	NOUN
ejge-8925	207	4	unit	unit	NOUN
ejge-8925	207	5	root	root	NOUN
ejge-8925	207	6	tests	test	NOUN
ejge-8925	207	7	have	have	AUX
ejge-8925	207	8	given	give	VERB
ejge-8925	207	9	rise	rise	NOUN
ejge-8925	207	10	to	to	ADP
ejge-8925	207	11	panel	panel	NOUN
ejge-8925	207	12	unit	unit	NOUN
ejge-8925	207	13	root	root	NOUN
ejge-8925	207	14	tests	test	NOUN
ejge-8925	207	15	.	.	PUNCT
ejge-8925	208	1	this	this	PRON
ejge-8925	208	2	arose	arise	VERB
ejge-8925	208	3	since	since	SCONJ
ejge-8925	208	4	the	the	DET
ejge-8925	208	5	combining	combining	NOUN
ejge-8925	208	6	of	of	ADP
ejge-8925	208	7	the	the	DET
ejge-8925	208	8	asymptotic	asymptotic	ADJ
ejge-8925	208	9	properties	property	NOUN
ejge-8925	208	10	of	of	ADP
ejge-8925	208	11	the	the	DET
ejge-8925	208	12	time	time	NOUN
ejge-8925	208	13	-	-	PUNCT
ejge-8925	208	14	series	series	NOUN
ejge-8925	208	15	dimension	dimension	PROPN
ejge-8925	208	16	t	t	PROPN
ejge-8925	208	17	and	and	CCONJ
ejge-8925	208	18	the	the	DET
ejge-8925	208	19	cross	cross	ADJ
ejge-8925	208	20	-	-	ADJ
ejge-8925	208	21	sectional	sectional	ADJ
ejge-8925	208	22	dimension	dimension	NOUN
ejge-8925	209	1	n.	n.	NOUN
ejge-8925	210	1	i	i	PRON
ejge-8925	210	2	m	m	VERB
ejge-8925	210	3	et	et	NOUN
ejge-8925	210	4	al	al	PROPN
ejge-8925	210	5	.	.	PUNCT
ejge-8925	211	1	(	(	PUNCT
ejge-8925	211	2	2003	2003	NUM
ejge-8925	211	3	)	)	PUNCT
ejge-8925	211	4	developed	develop	VERB
ejge-8925	211	5	the	the	DET
ejge-8925	211	6	ips	ips	PROPN
ejge-8925	211	7	unit	unit	NOUN
ejge-8925	211	8	root	root	PROPN
ejge-8925	211	9	test	test	NOUN
ejge-8925	211	10	to	to	PART
ejge-8925	211	11	capture	capture	VERB
ejge-8925	211	12	dataset	dataset	ADJ
ejge-8925	211	13	heterogeneity	heterogeneity	NOUN
ejge-8925	211	14	under	under	ADP
ejge-8925	211	15	the	the	DET
ejge-8925	211	16	alternative	alternative	ADJ
ejge-8925	211	17	hypothesis	hypothesis	NOUN
ejge-8925	211	18	.	.	PUNCT
ejge-8925	212	1	the	the	DET
ejge-8925	212	2	null	null	ADJ
ejge-8925	212	3	hypothesis	hypothesis	NOUN
ejge-8925	212	4	assumes	assume	VERB
ejge-8925	212	5	that	that	SCONJ
ejge-8925	212	6	all	all	DET
ejge-8925	212	7	series	serie	NOUN
ejge-8925	212	8	are	be	AUX
ejge-8925	212	9	non	non	ADJ
ejge-8925	212	10	-	-	ADJ
ejge-8925	212	11	stationary	stationary	ADJ
ejge-8925	212	12	,	,	PUNCT
ejge-8925	212	13	whereas	whereas	SCONJ
ejge-8925	212	14	the	the	DET
ejge-8925	212	15	alternative	alternative	NOUN
ejge-8925	212	16	assumes	assume	VERB
ejge-8925	212	17	that	that	SCONJ
ejge-8925	212	18	a	a	DET
ejge-8925	212	19	portion	portion	NOUN
ejge-8925	212	20	of	of	ADP
ejge-8925	212	21	the	the	DET
ejge-8925	212	22	series	series	NOUN
ejge-8925	212	23	is	be	AUX
ejge-8925	212	24	stationary	stationary	ADJ
ejge-8925	212	25	.	.	PUNCT
ejge-8925	212	26	table	table	NOUN
ejge-8925	212	27	2	2	NUM
ejge-8925	212	28	shows	show	VERB
ejge-8925	212	29	the	the	DET
ejge-8925	212	30	results	result	NOUN
ejge-8925	212	31	of	of	ADP
ejge-8925	212	32	the	the	DET
ejge-8925	212	33	ips	ips	PROPN
ejge-8925	212	34	panel	panel	NOUN
ejge-8925	212	35	unit	unit	NOUN
ejge-8925	212	36	root	root	PROPN
ejge-8925	212	37	test	test	NOUN
ejge-8925	212	38	.	.	PUNCT
ejge-8925	213	1	gerassimos	gerassimos	PROPN
ejge-8925	213	2	bertsatos	bertsatos	PROPN
ejge-8925	213	3	/	/	SYM
ejge-8925	213	4	european	european	PROPN
ejge-8925	213	5	journal	journal	PROPN
ejge-8925	213	6	of	of	ADP
ejge-8925	213	7	government	government	NOUN
ejge-8925	213	8	and	and	CCONJ
ejge-8925	213	9	economics	economic	NOUN
ejge-8925	213	10	11(2	11(2	NUM
ejge-8925	213	11	)	)	PUNCT
ejge-8925	213	12	,	,	PUNCT
ejge-8925	213	13	december	december	PROPN
ejge-8925	213	14	2022	2022	NUM
ejge-8925	213	15	,	,	PUNCT
ejge-8925	213	16	141	141	NUM
ejge-8925	213	17	-	-	SYM
ejge-8925	213	18	166	166	NUM
ejge-8925	213	19	151	151	NUM
ejge-8925	213	20	table	table	NOUN
ejge-8925	213	21	2	2	NUM
ejge-8925	213	22	.	.	PUNCT
ejge-8925	214	1	i	i	PRON
ejge-8925	214	2	m	m	PROPN
ejge-8925	214	3	,	,	PUNCT
ejge-8925	214	4	pesaran	pesaran	PROPN
ejge-8925	214	5	&	&	CCONJ
ejge-8925	214	6	shin	shin	PROPN
ejge-8925	214	7	unit	unit	NOUN
ejge-8925	214	8	root	root	PROPN
ejge-8925	214	9	test	test	NOUN
ejge-8925	214	10	.	.	PUNCT
ejge-8925	215	1	variables	variable	NOUN
ejge-8925	215	2	i	i	PRON
ejge-8925	215	3	(	(	PUNCT
ejge-8925	215	4	0	0	NUM
ejge-8925	215	5	)	)	PUNCT
ejge-8925	215	6	i	i	PRON
ejge-8925	215	7	(	(	PUNCT
ejge-8925	215	8	1	1	X
ejge-8925	215	9	)	)	PUNCT
ejge-8925	215	10	cab	cab	NOUN
ejge-8925	215	11	-5.508	-5.508	NUM
ejge-8925	215	12	-28.217	-28.217	NOUN
ejge-8925	215	13	*	*	SYM
ejge-8925	215	14	rer	rer	X
ejge-8925	215	15	-2.958	-2.958	PROPN
ejge-8925	215	16	*	*	PUNCT
ejge-8925	215	17	-16.817	-16.817	PROPN
ejge-8925	215	18	*	*	NOUN
ejge-8925	215	19	bud	bud	PROPN
ejge-8925	215	20	-10.419	-10.419	PROPN
ejge-8925	215	21	*	*	PROPN
ejge-8925	215	22	-32.075	-32.075	PROPN
ejge-8925	215	23	*	*	PROPN
ejge-8925	215	24	gdp	gdp	NOUN
ejge-8925	215	25	2.071	2.071	NUM
ejge-8925	215	26	-12.817	-12.817	PROPN
ejge-8925	215	27	*	*	X
ejge-8925	215	28	erv	erv	X
ejge-8925	216	1	-2.958	-2.958	PROPN
ejge-8925	216	2	*	*	PUNCT
ejge-8925	216	3	-16.817	-16.817	NOUN
ejge-8925	216	4	rir	rir	PROPN
ejge-8925	216	5	-15.575	-15.575	PROPN
ejge-8925	216	6	*	*	PUNCT
ejge-8925	216	7	-29.912	-29.912	PROPN
ejge-8925	216	8	*	*	PUNCT
ejge-8925	216	9	source	source	NOUN
ejge-8925	216	10	.	.	PUNCT
ejge-8925	217	1	author	author	NOUN
ejge-8925	217	2	’s	’s	PART
ejge-8925	217	3	estimation	estimation	NOUN
ejge-8925	217	4	/	/	PUNCT
ejge-8925	217	5	the	the	DET
ejge-8925	217	6	*	*	PUNCT
ejge-8925	217	7	designates	designate	NOUN
ejge-8925	217	8	significance	significance	NOUN
ejge-8925	217	9	at	at	ADP
ejge-8925	217	10	least	least	ADJ
ejge-8925	217	11	at	at	ADP
ejge-8925	217	12	the	the	DET
ejge-8925	217	13	5	5	NUM
ejge-8925	217	14	%	%	NOUN
ejge-8925	217	15	level	level	NOUN
ejge-8925	217	16	.	.	PUNCT
ejge-8925	218	1	ips	ip	NOUN
ejge-8925	218	2	test	test	NOUN
ejge-8925	218	3	was	be	AUX
ejge-8925	218	4	performed	perform	VERB
ejge-8925	218	5	utilizing	utilize	VERB
ejge-8925	218	6	the	the	DET
ejge-8925	218	7	5	5	NUM
ejge-8925	218	8	%	%	NOUN
ejge-8925	218	9	significant	significant	ADJ
ejge-8925	218	10	level	level	NOUN
ejge-8925	218	11	.	.	PUNCT
ejge-8925	219	1	h0	h0	PROPN
ejge-8925	219	2	was	be	AUX
ejge-8925	219	3	rejected	reject	VERB
ejge-8925	219	4	at	at	ADP
ejge-8925	219	5	the	the	DET
ejge-8925	219	6	5	5	NUM
ejge-8925	219	7	%	%	NOUN
ejge-8925	219	8	statistically	statistically	ADV
ejge-8925	219	9	significant	significant	ADJ
ejge-8925	219	10	level	level	NOUN
ejge-8925	219	11	for	for	ADP
ejge-8925	219	12	all	all	DET
ejge-8925	219	13	variables	variable	NOUN
ejge-8925	219	14	except	except	SCONJ
ejge-8925	219	15	per	per	ADP
ejge-8925	219	16	capita	capita	X
ejge-8925	219	17	gdp	gdp	NOUN
ejge-8925	219	18	,	,	PUNCT
ejge-8925	219	19	which	which	PRON
ejge-8925	219	20	was	be	AUX
ejge-8925	219	21	discovered	discover	VERB
ejge-8925	219	22	to	to	PART
ejge-8925	219	23	be	be	AUX
ejge-8925	219	24	non	non	ADJ
ejge-8925	219	25	-	-	ADJ
ejge-8925	219	26	stationary	stationary	ADJ
ejge-8925	219	27	in	in	ADP
ejge-8925	219	28	all	all	DET
ejge-8925	219	29	panels	panel	NOUN
ejge-8925	219	30	.	.	PUNCT
ejge-8925	220	1	as	as	ADP
ejge-8925	220	2	a	a	DET
ejge-8925	220	3	result	result	NOUN
ejge-8925	220	4	,	,	PUNCT
ejge-8925	220	5	the	the	DET
ejge-8925	220	6	variables	variables	PROPN
ejge-8925	220	7	cab	cab	PROPN
ejge-8925	220	8	,	,	PUNCT
ejge-8925	220	9	rer	rer	PROPN
ejge-8925	220	10	,	,	PUNCT
ejge-8925	220	11	bud	bud	PROPN
ejge-8925	220	12	,	,	PUNCT
ejge-8925	220	13	rir	rir	PROPN
ejge-8925	220	14	,	,	PUNCT
ejge-8925	220	15	and	and	CCONJ
ejge-8925	220	16	erv	erv	X
ejge-8925	220	17	are	be	AUX
ejge-8925	220	18	i(0	i(0	PROPN
ejge-8925	220	19	)	)	PUNCT
ejge-8925	220	20	,	,	PUNCT
ejge-8925	220	21	whereas	whereas	SCONJ
ejge-8925	220	22	gdp	gdp	NOUN
ejge-8925	220	23	is	be	AUX
ejge-8925	220	24	i(1	i(1	PROPN
ejge-8925	220	25	)	)	PUNCT
ejge-8925	220	26	.	.	PUNCT
ejge-8925	221	1	levin	levin	PROPN
ejge-8925	221	2	et	et	PROPN
ejge-8925	221	3	al	al	PROPN
ejge-8925	221	4	.	.	PROPN
ejge-8925	221	5	(	(	PUNCT
ejge-8925	221	6	2002	2002	NUM
ejge-8925	221	7	)	)	PUNCT
ejge-8925	221	8	created	create	VERB
ejge-8925	221	9	the	the	DET
ejge-8925	221	10	second	second	ADJ
ejge-8925	221	11	unit	unit	NOUN
ejge-8925	221	12	root	root	NOUN
ejge-8925	221	13	test	test	NOUN
ejge-8925	221	14	employed	employ	VERB
ejge-8925	221	15	,	,	PUNCT
ejge-8925	221	16	which	which	PRON
ejge-8925	221	17	proposes	propose	VERB
ejge-8925	221	18	hypotheses	hypothesis	NOUN
ejge-8925	221	19	for	for	ADP
ejge-8925	221	20	assessing	assess	VERB
ejge-8925	221	21	stationarity	stationarity	NOUN
ejge-8925	221	22	in	in	ADP
ejge-8925	221	23	panel	panel	NOUN
ejge-8925	221	24	data	datum	NOUN
ejge-8925	221	25	.	.	PUNCT
ejge-8925	222	1	the	the	DET
ejge-8925	222	2	llc	llc	PROPN
ejge-8925	222	3	test	test	NOUN
ejge-8925	222	4	demonstrates	demonstrate	VERB
ejge-8925	222	5	that	that	SCONJ
ejge-8925	222	6	each	each	DET
ejge-8925	222	7	time	time	NOUN
ejge-8925	222	8	series	series	PROPN
ejge-8925	222	9	has	have	VERB
ejge-8925	222	10	a	a	DET
ejge-8925	222	11	unit	unit	NOUN
ejge-8925	222	12	root	root	NOUN
ejge-8925	222	13	under	under	ADP
ejge-8925	222	14	the	the	DET
ejge-8925	222	15	null	null	ADJ
ejge-8925	222	16	hypothesis	hypothesis	NOUN
ejge-8925	222	17	,	,	PUNCT
ejge-8925	222	18	but	but	CCONJ
ejge-8925	222	19	each	each	DET
ejge-8925	222	20	time	time	NOUN
ejge-8925	222	21	series	series	PROPN
ejge-8925	222	22	is	be	AUX
ejge-8925	222	23	stationary	stationary	ADJ
ejge-8925	222	24	under	under	ADP
ejge-8925	222	25	the	the	DET
ejge-8925	222	26	alternative	alternative	ADJ
ejge-8925	222	27	hypothesis	hypothesis	NOUN
ejge-8925	222	28	.	.	PUNCT
ejge-8925	223	1	the	the	DET
ejge-8925	223	2	llc	llc	PROPN
ejge-8925	223	3	,	,	PUNCT
ejge-8925	223	4	like	like	ADP
ejge-8925	223	5	other	other	ADJ
ejge-8925	223	6	unit	unit	NOUN
ejge-8925	223	7	root	root	NOUN
ejge-8925	223	8	tests	test	NOUN
ejge-8925	223	9	,	,	PUNCT
ejge-8925	223	10	assumes	assume	VERB
ejge-8925	223	11	that	that	SCONJ
ejge-8925	223	12	each	each	DET
ejge-8925	223	13	cross	cross	ADJ
ejge-8925	223	14	-	-	ADJ
ejge-8925	223	15	separate	separate	ADJ
ejge-8925	223	16	section	section	NOUN
ejge-8925	223	17	's	's	PART
ejge-8925	223	18	operations	operation	NOUN
ejge-8925	223	19	are	be	AUX
ejge-8925	223	20	self	self	NOUN
ejge-8925	223	21	-	-	PUNCT
ejge-8925	223	22	contained	contain	VERB
ejge-8925	223	23	.	.	PUNCT
ejge-8925	224	1	from	from	ADP
ejge-8925	224	2	table	table	NOUN
ejge-8925	224	3	3	3	NUM
ejge-8925	224	4	,	,	PUNCT
ejge-8925	224	5	h0	h0	PROPN
ejge-8925	224	6	was	be	AUX
ejge-8925	224	7	rejected	reject	VERB
ejge-8925	224	8	at	at	ADP
ejge-8925	224	9	the	the	DET
ejge-8925	224	10	5	5	NUM
ejge-8925	224	11	%	%	NOUN
ejge-8925	224	12	statistically	statistically	ADV
ejge-8925	224	13	significant	significant	ADJ
ejge-8925	224	14	level	level	NOUN
ejge-8925	224	15	for	for	ADP
ejge-8925	224	16	cab	cab	NOUN
ejge-8925	224	17	,	,	PUNCT
ejge-8925	224	18	bud	bud	NOUN
ejge-8925	224	19	,	,	PUNCT
ejge-8925	224	20	and	and	CCONJ
ejge-8925	224	21	rir	rir	NOUN
ejge-8925	224	22	but	but	CCONJ
ejge-8925	224	23	not	not	PART
ejge-8925	224	24	for	for	ADP
ejge-8925	224	25	rer	rer	PROPN
ejge-8925	224	26	,	,	PUNCT
ejge-8925	224	27	gdp	gdp	NOUN
ejge-8925	224	28	,	,	PUNCT
ejge-8925	224	29	and	and	CCONJ
ejge-8925	224	30	erv	erv	X
ejge-8925	224	31	,	,	PUNCT
ejge-8925	224	32	which	which	PRON
ejge-8925	224	33	,	,	PUNCT
ejge-8925	224	34	for	for	ADP
ejge-8925	224	35	all	all	DET
ejge-8925	224	36	panels	panel	NOUN
ejge-8925	224	37	,	,	PUNCT
ejge-8925	224	38	were	be	AUX
ejge-8925	224	39	discovered	discover	VERB
ejge-8925	224	40	to	to	PART
ejge-8925	224	41	be	be	AUX
ejge-8925	224	42	non	non	ADJ
ejge-8925	224	43	-	-	ADJ
ejge-8925	224	44	stationary	stationary	ADJ
ejge-8925	224	45	at	at	ADP
ejge-8925	224	46	their	their	PRON
ejge-8925	224	47	level	level	NOUN
ejge-8925	224	48	.	.	PUNCT
ejge-8925	225	1	as	as	ADP
ejge-8925	225	2	a	a	DET
ejge-8925	225	3	result	result	NOUN
ejge-8925	225	4	,	,	PUNCT
ejge-8925	225	5	the	the	DET
ejge-8925	225	6	variables	variables	PROPN
ejge-8925	225	7	cab	cab	NOUN
ejge-8925	225	8	,	,	PUNCT
ejge-8925	225	9	bud	bud	NOUN
ejge-8925	225	10	,	,	PUNCT
ejge-8925	225	11	and	and	CCONJ
ejge-8925	225	12	rir	rir	NOUN
ejge-8925	225	13	are	be	AUX
ejge-8925	225	14	i(0	i(0	PROPN
ejge-8925	225	15	)	)	PUNCT
ejge-8925	225	16	,	,	PUNCT
ejge-8925	225	17	whereas	whereas	SCONJ
ejge-8925	225	18	gdp	gdp	PROPN
ejge-8925	225	19	,	,	PUNCT
ejge-8925	225	20	rer	rer	PROPN
ejge-8925	225	21	,	,	PUNCT
ejge-8925	225	22	and	and	CCONJ
ejge-8925	225	23	erv	erv	PROPN
ejge-8925	225	24	are	be	AUX
ejge-8925	225	25	i(1	i(1	NOUN
ejge-8925	225	26	)	)	PUNCT
ejge-8925	225	27	.	.	PUNCT
ejge-8925	226	1	table	table	NOUN
ejge-8925	226	2	3	3	NUM
ejge-8925	226	3	.	.	PUNCT
ejge-8925	227	1	levin	levin	PROPN
ejge-8925	227	2	,	,	PUNCT
ejge-8925	227	3	lin	lin	PROPN
ejge-8925	227	4	&	&	CCONJ
ejge-8925	227	5	chu	chu	PROPN
ejge-8925	227	6	unit	unit	PROPN
ejge-8925	227	7	root	root	NOUN
ejge-8925	227	8	results	result	NOUN
ejge-8925	227	9	.	.	PUNCT
ejge-8925	228	1	variables	variable	NOUN
ejge-8925	228	2	i	i	PRON
ejge-8925	228	3	(	(	PUNCT
ejge-8925	228	4	0	0	NUM
ejge-8925	228	5	)	)	PUNCT
ejge-8925	228	6	i	i	PRON
ejge-8925	228	7	(	(	PUNCT
ejge-8925	228	8	1	1	X
ejge-8925	228	9	)	)	PUNCT
ejge-8925	228	10	cab	cab	NOUN
ejge-8925	228	11	-4.907	-4.907	PUNCT
ejge-8925	228	12	-24.034	-24.034	PROPN
ejge-8925	228	13	*	*	SYM
ejge-8925	228	14	rer	rer	PROPN
ejge-8925	228	15	-0.935	-0.935	PUNCT
ejge-8925	228	16	-20.610	-20.610	PROPN
ejge-8925	228	17	*	*	NOUN
ejge-8925	228	18	bud	bud	ADJ
ejge-8925	228	19	-7.700	-7.700	PROPN
ejge-8925	228	20	*	*	PUNCT
ejge-8925	228	21	-26.088	-26.088	PROPN
ejge-8925	228	22	*	*	VERB
ejge-8925	228	23	gdp	gdp	NOUN
ejge-8925	228	24	-1.034	-1.034	PUNCT
ejge-8925	228	25	-6.762	-6.762	PROPN
ejge-8925	228	26	*	*	NOUN
ejge-8925	228	27	erv	erv	X
ejge-8925	228	28	-0.935	-0.935	PUNCT
ejge-8925	228	29	-20.610	-20.610	PUNCT
ejge-8925	228	30	*	*	PUNCT
ejge-8925	228	31	rir	rir	NOUN
ejge-8925	228	32	-15.362	-15.362	PROPN
ejge-8925	228	33	*	*	PUNCT
ejge-8925	228	34	-28.865	-28.865	PROPN
ejge-8925	228	35	*	*	NUM
ejge-8925	228	36	source	source	NOUN
ejge-8925	228	37	.	.	PUNCT
ejge-8925	229	1	author	author	NOUN
ejge-8925	229	2	’s	’s	PART
ejge-8925	229	3	estimation	estimation	NOUN
ejge-8925	229	4	/	/	PUNCT
ejge-8925	229	5	the	the	DET
ejge-8925	229	6	*	*	PUNCT
ejge-8925	229	7	designates	designate	NOUN
ejge-8925	229	8	significance	significance	NOUN
ejge-8925	229	9	at	at	ADP
ejge-8925	229	10	least	least	ADJ
ejge-8925	229	11	at	at	ADP
ejge-8925	229	12	the	the	DET
ejge-8925	229	13	5	5	NUM
ejge-8925	229	14	%	%	NOUN
ejge-8925	229	15	level	level	NOUN
ejge-8925	229	16	.	.	PUNCT
ejge-8925	230	1	llc	llc	PROPN
ejge-8925	230	2	test	test	NOUN
ejge-8925	230	3	was	be	AUX
ejge-8925	230	4	performed	perform	VERB
ejge-8925	230	5	using	use	VERB
ejge-8925	230	6	the	the	DET
ejge-8925	230	7	5	5	NUM
ejge-8925	230	8	%	%	NOUN
ejge-8925	230	9	significant	significant	ADJ
ejge-8925	230	10	level	level	NOUN
ejge-8925	230	11	.	.	PUNCT
ejge-8925	231	1	as	as	SCONJ
ejge-8925	231	2	can	can	AUX
ejge-8925	231	3	be	be	AUX
ejge-8925	231	4	seen	see	VERB
ejge-8925	231	5	from	from	ADP
ejge-8925	231	6	tables	table	NOUN
ejge-8925	231	7	2	2	NUM
ejge-8925	231	8	and	and	CCONJ
ejge-8925	231	9	3	3	NUM
ejge-8925	231	10	,	,	PUNCT
ejge-8925	231	11	the	the	DET
ejge-8925	231	12	model	model	NOUN
ejge-8925	231	13	contains	contain	VERB
ejge-8925	231	14	both	both	DET
ejge-8925	231	15	i(0	i(0	PROPN
ejge-8925	231	16	)	)	PUNCT
ejge-8925	231	17	and	and	CCONJ
ejge-8925	231	18	i(1	i(1	PROPN
ejge-8925	231	19	)	)	PUNCT
ejge-8925	231	20	regressors	regressor	NOUN
ejge-8925	231	21	but	but	CCONJ
ejge-8925	231	22	not	not	PART
ejge-8925	231	23	i(2	i(2	PROPN
ejge-8925	231	24	)	)	PUNCT
ejge-8925	231	25	,	,	PUNCT
ejge-8925	231	26	indicating	indicate	VERB
ejge-8925	231	27	that	that	SCONJ
ejge-8925	231	28	the	the	DET
ejge-8925	231	29	variables	variable	NOUN
ejge-8925	231	30	are	be	AUX
ejge-8925	231	31	either	either	ADV
ejge-8925	231	32	stationary	stationary	ADJ
ejge-8925	231	33	at	at	ADP
ejge-8925	231	34	their	their	PRON
ejge-8925	231	35	level	level	NOUN
ejge-8925	231	36	or	or	CCONJ
ejge-8925	231	37	their	their	PRON
ejge-8925	231	38	first	first	ADJ
ejge-8925	231	39	difference	difference	NOUN
ejge-8925	231	40	and	and	CCONJ
ejge-8925	231	41	that	that	SCONJ
ejge-8925	231	42	the	the	DET
ejge-8925	231	43	pmg	pmg	PROPN
ejge-8925	231	44	method	method	NOUN
ejge-8925	231	45	can	can	AUX
ejge-8925	231	46	be	be	AUX
ejge-8925	231	47	applied	apply	VERB
ejge-8925	231	48	.	.	PUNCT
ejge-8925	232	1	the	the	DET
ejge-8925	232	2	sensitivity	sensitivity	NOUN
ejge-8925	232	3	of	of	ADP
ejge-8925	232	4	the	the	DET
ejge-8925	232	5	cointegrated	cointegrate	VERB
ejge-8925	232	6	variables	variable	NOUN
ejge-8925	232	7	to	to	ADP
ejge-8925	232	8	any	any	DET
ejge-8925	232	9	deviation	deviation	NOUN
ejge-8925	232	10	from	from	ADP
ejge-8925	232	11	the	the	DET
ejge-8925	232	12	long	long	ADV
ejge-8925	232	13	-	-	PUNCT
ejge-8925	232	14	run	run	NOUN
ejge-8925	232	15	equilibrium	equilibrium	NOUN
ejge-8925	232	16	is	be	AUX
ejge-8925	232	17	a	a	DET
ejge-8925	232	18	key	key	ADJ
ejge-8925	232	19	feature	feature	NOUN
ejge-8925	232	20	.	.	PUNCT
ejge-8925	233	1	the	the	DET
ejge-8925	233	2	pmg	pmg	PROPN
ejge-8925	233	3	method	method	NOUN
ejge-8925	233	4	is	be	AUX
ejge-8925	233	5	used	use	VERB
ejge-8925	233	6	on	on	ADP
ejge-8925	233	7	an	an	DET
ejge-8925	233	8	error	error	NOUN
ejge-8925	233	9	correction	correction	NOUN
ejge-8925	233	10	model	model	NOUN
ejge-8925	233	11	to	to	PART
ejge-8925	233	12	estimate	estimate	VERB
ejge-8925	233	13	the	the	DET
ejge-8925	233	14	speed	speed	NOUN
ejge-8925	233	15	of	of	ADP
ejge-8925	233	16	adjustment	adjustment	NOUN
ejge-8925	233	17	to	to	ADP
ejge-8925	233	18	the	the	DET
ejge-8925	233	19	long	long	ADV
ejge-8925	233	20	-	-	PUNCT
ejge-8925	233	21	run	run	NOUN
ejge-8925	233	22	relationship	relationship	NOUN
ejge-8925	233	23	while	while	SCONJ
ejge-8925	233	24	allowing	allow	VERB
ejge-8925	233	25	for	for	ADP
ejge-8925	233	26	unrestricted	unrestricted	ADJ
ejge-8925	233	27	cross	cross	ADJ
ejge-8925	233	28	-	-	ADJ
ejge-8925	233	29	section	section	ADJ
ejge-8925	233	30	heterogeneity	heterogeneity	NOUN
ejge-8925	233	31	in	in	ADP
ejge-8925	233	32	adjustment	adjustment	NOUN
ejge-8925	233	33	dynamics	dynamic	NOUN
ejge-8925	233	34	and	and	CCONJ
ejge-8925	233	35	fixed	fix	VERB
ejge-8925	233	36	effects	effect	NOUN
ejge-8925	233	37	.	.	PUNCT
ejge-8925	234	1	gerassimos	gerassimos	PROPN
ejge-8925	234	2	bertsatos	bertsatos	PROPN
ejge-8925	234	3	/	/	SYM
ejge-8925	234	4	european	european	PROPN
ejge-8925	234	5	journal	journal	PROPN
ejge-8925	234	6	of	of	ADP
ejge-8925	234	7	government	government	NOUN
ejge-8925	234	8	and	and	CCONJ
ejge-8925	234	9	economics	economic	NOUN
ejge-8925	234	10	11(2	11(2	NUM
ejge-8925	234	11	)	)	PUNCT
ejge-8925	234	12	,	,	PUNCT
ejge-8925	234	13	december	december	PROPN
ejge-8925	234	14	2022	2022	NUM
ejge-8925	234	15	,	,	PUNCT
ejge-8925	234	16	141	141	NUM
ejge-8925	234	17	-	-	SYM
ejge-8925	234	18	166	166	NUM
ejge-8925	234	19	152	152	NUM
ejge-8925	234	20	following	follow	VERB
ejge-8925	234	21	perasan	perasan	ADJ
ejge-8925	234	22	et	et	PROPN
ejge-8925	234	23	al	al	PROPN
ejge-8925	234	24	.	.	PUNCT
ejge-8925	234	25	(	(	PUNCT
ejge-8925	234	26	1999	1999	NUM
ejge-8925	234	27	)	)	PUNCT
ejge-8925	234	28	,	,	PUNCT
ejge-8925	234	29	the	the	DET
ejge-8925	234	30	pmg	pmg	PROPN
ejge-8925	234	31	-	-	PUNCT
ejge-8925	234	32	restricted	restrict	VERB
ejge-8925	234	33	version	version	NOUN
ejge-8925	234	34	of	of	ADP
ejge-8925	234	35	(	(	PUNCT
ejge-8925	234	36	1	1	X
ejge-8925	234	37	)	)	PUNCT
ejge-8925	234	38	is	be	AUX
ejge-8925	234	39	estimated	estimate	VERB
ejge-8925	234	40	on	on	ADP
ejge-8925	234	41	pooled	pool	VERB
ejge-8925	234	42	data	datum	NOUN
ejge-8925	234	43	as	as	ADP
ejge-8925	234	44	𝛥𝛥𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡	𝛥𝛥𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡	NOUN
ejge-8925	234	45	=	=	PUNCT
ejge-8925	234	46	𝜑𝜑𝑖𝑖	𝜑𝜑𝑖𝑖	VERB
ejge-8925	234	47	�	�	NOUN
ejge-8925	234	48	𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡−1	𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡−1	NUM
ejge-8925	234	49	−	−	NOUN
ejge-8925	234	50	∑	∑	PUNCT
ejge-8925	234	51	𝜗𝜗𝑘𝑘,𝑖𝑖𝐺𝐺𝑘𝑘,𝑖𝑖,𝑡𝑡	𝜗𝜗𝑘𝑘,𝑖𝑖𝐺𝐺𝑘𝑘,𝑖𝑖,𝑡𝑡	VERB
ejge-8925	234	52	𝜇𝜇	𝜇𝜇	ADP
ejge-8925	234	53	𝑘𝑘=1	𝑘𝑘=1	X
ejge-8925	234	54	�	�	PROPN
ejge-8925	234	55	+	+	CCONJ
ejge-8925	234	56	∑	∑	PROPN
ejge-8925	234	57	𝜆𝜆𝑖𝑖𝑖𝑖𝛥𝛥𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖	𝜆𝜆𝑖𝑖𝑖𝑖𝛥𝛥𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖	PART
ejge-8925	234	58	,	,	PUNCT
ejge-8925	234	59	𝑡𝑡−𝑖𝑖	𝑡𝑡−𝑖𝑖	X
ejge-8925	234	60	+	+	CCONJ
ejge-8925	234	61	∑	∑	PROPN
ejge-8925	234	62	∙𝜇𝜇	∙𝜇𝜇	ADJ
ejge-8925	234	63	𝜅𝜅=1	𝜅𝜅=1	PROPN
ejge-8925	234	64	∑	∑	PUNCT
ejge-8925	234	65	𝛽𝛽𝑘𝑘,𝑖𝑖,𝑡𝑡−𝑖𝑖𝐺𝐺𝑘𝑘,𝑖𝑖,𝑡𝑡	𝛽𝛽𝑘𝑘,𝑖𝑖,𝑡𝑡−𝑖𝑖𝐺𝐺𝑘𝑘,𝑖𝑖,𝑡𝑡	PROPN
ejge-8925	234	66	+	+	PROPN
ejge-8925	234	67	𝑞𝑞−1	𝑞𝑞−1	PROPN
ejge-8925	234	68	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-8925	234	69	𝑝𝑝−1	𝑝𝑝−1	PROPN
ejge-8925	234	70	𝑖𝑖=1	𝑖𝑖=1	ADP
ejge-8925	234	71	∑	∑	PUNCT
ejge-8925	234	72	𝛾𝛾𝑧𝑧𝑠𝑠𝑐𝑐𝑠𝑠𝑠𝑠𝑠𝑠𝑠𝑠𝑧𝑧,𝑡𝑡	𝛾𝛾𝑧𝑧𝑠𝑠𝑐𝑐𝑠𝑠𝑠𝑠𝑠𝑠𝑠𝑠𝑧𝑧,𝑡𝑡	NOUN
ejge-8925	235	1	+	+	CCONJ
ejge-8925	235	2	𝛿𝛿𝑐𝑐𝑠𝑠𝛿𝛿𝛿𝛿𝑦𝑦𝑡𝑡	𝛿𝛿𝑐𝑐𝑠𝑠𝛿𝛿𝛿𝛿𝑦𝑦𝑡𝑡	NOUN
ejge-8925	235	3	+	+	CCONJ
ejge-8925	235	4	𝑣𝑣𝑖𝑖	𝑣𝑣𝑖𝑖	NOUN
ejge-8925	235	5	+	+	CCONJ
ejge-8925	235	6	𝜀𝜀𝑖𝑖,𝑡𝑡3	𝜀𝜀𝑖𝑖,𝑡𝑡3	ADJ
ejge-8925	235	7	𝑧𝑧=1	𝑧𝑧=1	VERB
ejge-8925	236	1	[	[	X
ejge-8925	236	2	4	4	X
ejge-8925	236	3	]	]	PUNCT
ejge-8925	236	4	where	where	SCONJ
ejge-8925	236	5	i	i	PRON
ejge-8925	236	6	=	=	NOUN
ejge-8925	236	7	1	1	NUM
ejge-8925	236	8	,	,	PUNCT
ejge-8925	236	9	…	…	PUNCT
ejge-8925	236	10	,	,	PUNCT
ejge-8925	236	11	19	19	NUM
ejge-8925	236	12	indicates	indicate	VERB
ejge-8925	236	13	countries	country	NOUN
ejge-8925	236	14	and	and	CCONJ
ejge-8925	236	15	t	t	NOUN
ejge-8925	236	16	=	=	SYM
ejge-8925	236	17	1	1	NUM
ejge-8925	236	18	,	,	PUNCT
ejge-8925	236	19	...	...	PUNCT
ejge-8925	236	20	,	,	PUNCT
ejge-8925	236	21	44	44	NUM
ejge-8925	236	22	and	and	CCONJ
ejge-8925	236	23	indicates	indicate	VERB
ejge-8925	236	24	time	time	NOUN
ejge-8925	236	25	;	;	PUNCT
ejge-8925	236	26	δ	δ	PROPN
ejge-8925	236	27	is	be	AUX
ejge-8925	236	28	the	the	DET
ejge-8925	236	29	operator	operator	NOUN
ejge-8925	236	30	of	of	ADP
ejge-8925	236	31	the	the	DET
ejge-8925	236	32	first	first	ADJ
ejge-8925	236	33	difference	difference	NOUN
ejge-8925	236	34	;	;	PUNCT
ejge-8925	236	35	cabi	cabi	PROPN
ejge-8925	236	36	,	,	PUNCT
ejge-8925	236	37	t	t	PROPN
ejge-8925	236	38	denotes	denote	VERB
ejge-8925	236	39	the	the	DET
ejge-8925	236	40	cab	cab	NOUN
ejge-8925	236	41	of	of	ADP
ejge-8925	236	42	eurozone	eurozone	NOUN
ejge-8925	236	43	country	country	NOUN
ejge-8925	236	44	i	i	PRON
ejge-8925	236	45	vis	vis	X
ejge-8925	236	46	-	-	ADJ
ejge-8925	236	47	à	à	X
ejge-8925	236	48	-	-	PUNCT
ejge-8925	236	49	vis	vis	X
ejge-8925	236	50	the	the	DET
ejge-8925	236	51	usa	usa	PROPN
ejge-8925	236	52	at	at	ADP
ejge-8925	236	53	time	time	NOUN
ejge-8925	236	54	t	t	PROPN
ejge-8925	236	55	;	;	PUNCT
ejge-8925	236	56	μ=6	μ=6	NUM
ejge-8925	236	57	and	and	CCONJ
ejge-8925	236	58	indicates	indicate	VERB
ejge-8925	236	59	the	the	DET
ejge-8925	236	60	number	number	NOUN
ejge-8925	236	61	of	of	ADP
ejge-8925	236	62	explanatory	explanatory	ADJ
ejge-8925	236	63	variables	variable	NOUN
ejge-8925	236	64	;	;	PUNCT
ejge-8925	236	65	g=	g=	PROPN
ejge-8925	236	66	(	(	PUNCT
ejge-8925	236	67	rer	rer	PROPN
ejge-8925	236	68	,	,	PUNCT
ejge-8925	236	69	erv	erv	PROPN
ejge-8925	236	70	,	,	PUNCT
ejge-8925	236	71	bud	bud	PROPN
ejge-8925	236	72	,	,	PUNCT
ejge-8925	236	73	rir	rir	PROPN
ejge-8925	236	74	,	,	PUNCT
ejge-8925	236	75	gdp	gdp	NOUN
ejge-8925	236	76	)	)	PUNCT
ejge-8925	236	77	is	be	AUX
ejge-8925	236	78	the	the	DET
ejge-8925	236	79	vector	vector	NOUN
ejge-8925	236	80	containing	contain	VERB
ejge-8925	236	81	the	the	DET
ejge-8925	236	82	regressors	regressor	NOUN
ejge-8925	236	83	.	.	PUNCT
ejge-8925	237	1	also	also	ADV
ejge-8925	237	2	,	,	PUNCT
ejge-8925	237	3	in	in	ADP
ejge-8925	237	4	(	(	PUNCT
ejge-8925	237	5	4	4	X
ejge-8925	237	6	)	)	PUNCT
ejge-8925	237	7	the	the	DET
ejge-8925	237	8	variable	variable	ADJ
ejge-8925	237	9	season	season	NOUN
ejge-8925	237	10	represents	represent	VERB
ejge-8925	237	11	three	three	NUM
ejge-8925	237	12	dummy	dummy	ADJ
ejge-8925	237	13	variables	variable	NOUN
ejge-8925	237	14	accounting	account	VERB
ejge-8925	237	15	for	for	ADP
ejge-8925	237	16	seasonality	seasonality	NOUN
ejge-8925	237	17	and	and	CCONJ
ejge-8925	237	18	the	the	DET
ejge-8925	237	19	variable	variable	ADJ
ejge-8925	237	20	entry	entry	NOUN
ejge-8925	237	21	represents	represent	VERB
ejge-8925	237	22	a	a	DET
ejge-8925	237	23	dummy	dummy	ADJ
ejge-8925	237	24	variable	variable	NOUN
ejge-8925	237	25	for	for	ADP
ejge-8925	237	26	the	the	DET
ejge-8925	237	27	entrant	entrant	ADJ
ejge-8925	237	28	year	year	NOUN
ejge-8925	237	29	of	of	ADP
ejge-8925	237	30	each	each	DET
ejge-8925	237	31	country	country	NOUN
ejge-8925	237	32	to	to	ADP
ejge-8925	237	33	the	the	DET
ejge-8925	237	34	eurozone	eurozone	NOUN
ejge-8925	237	35	.	.	PUNCT
ejge-8925	238	1	note	note	VERB
ejge-8925	238	2	that	that	SCONJ
ejge-8925	238	3	the	the	DET
ejge-8925	238	4	dataset	dataset	NOUN
ejge-8925	238	5	is	be	AUX
ejge-8925	238	6	formed	form	VERB
ejge-8925	238	7	by	by	ADP
ejge-8925	238	8	panel	panel	NOUN
ejge-8925	238	9	data	datum	NOUN
ejge-8925	238	10	where	where	SCONJ
ejge-8925	238	11	each	each	PRON
ejge-8925	238	12	of	of	ADP
ejge-8925	238	13	the	the	DET
ejge-8925	238	14	variables	variable	NOUN
ejge-8925	238	15	contained	contain	VERB
ejge-8925	238	16	in	in	ADP
ejge-8925	238	17	the	the	DET
ejge-8925	238	18	g	g	PROPN
ejge-8925	238	19	vector	vector	NOUN
ejge-8925	238	20	has	have	VERB
ejge-8925	238	21	19	19	NUM
ejge-8925	238	22	time	time	NOUN
ejge-8925	238	23	series	series	NOUN
ejge-8925	238	24	,	,	PUNCT
ejge-8925	238	25	one	one	NUM
ejge-8925	238	26	for	for	ADP
ejge-8925	238	27	each	each	DET
ejge-8925	238	28	country	country	NOUN
ejge-8925	238	29	and	and	CCONJ
ejge-8925	238	30	,	,	PUNCT
ejge-8925	238	31	each	each	DET
ejge-8925	238	32	time	time	NOUN
ejge-8925	238	33	series	series	PROPN
ejge-8925	238	34	has	have	VERB
ejge-8925	238	35	44	44	NUM
ejge-8925	238	36	time	time	NOUN
ejge-8925	238	37	periods	period	NOUN
ejge-8925	238	38	.	.	PUNCT
ejge-8925	239	1	the	the	DET
ejge-8925	239	2	parameter	parameter	NOUN
ejge-8925	239	3	φi	φi	ADV
ejge-8925	239	4	represents	represent	VERB
ejge-8925	239	5	the	the	DET
ejge-8925	239	6	error	error	NOUN
ejge-8925	239	7	-	-	PUNCT
ejge-8925	239	8	correcting	correct	VERB
ejge-8925	239	9	speed	speed	NOUN
ejge-8925	239	10	of	of	ADP
ejge-8925	239	11	adjustment	adjustment	NOUN
ejge-8925	239	12	based	base	VERB
ejge-8925	239	13	on	on	ADP
ejge-8925	239	14	the	the	DET
ejge-8925	239	15	long	long	ADJ
ejge-8925	239	16	-	-	PUNCT
ejge-8925	239	17	run	run	NOUN
ejge-8925	239	18	relationship	relationship	NOUN
ejge-8925	239	19	,	,	PUNCT
ejge-8925	239	20	φi	φi	ADV
ejge-8925	239	21	is	be	AUX
ejge-8925	239	22	significant	significant	ADJ
ejge-8925	239	23	since	since	SCONJ
ejge-8925	239	24	it	it	PRON
ejge-8925	239	25	indicates	indicate	VERB
ejge-8925	239	26	if	if	SCONJ
ejge-8925	239	27	the	the	DET
ejge-8925	239	28	variables	variable	NOUN
ejge-8925	239	29	are	be	AUX
ejge-8925	239	30	cointegrated	cointegrate	VERB
ejge-8925	239	31	and	and	CCONJ
ejge-8925	239	32	is	be	AUX
ejge-8925	239	33	anticipated	anticipate	VERB
ejge-8925	239	34	to	to	PART
ejge-8925	239	35	be	be	AUX
ejge-8925	239	36	statistically	statistically	ADV
ejge-8925	239	37	significant	significant	ADJ
ejge-8925	239	38	and	and	CCONJ
ejge-8925	239	39	negative	negative	ADJ
ejge-8925	239	40	under	under	ADP
ejge-8925	239	41	the	the	DET
ejge-8925	239	42	hypothesis	hypothesis	NOUN
ejge-8925	239	43	that	that	PRON
ejge-8925	239	44	the	the	DET
ejge-8925	239	45	variables	variable	NOUN
ejge-8925	239	46	exhibit	exhibit	VERB
ejge-8925	239	47	a	a	DET
ejge-8925	239	48	return	return	NOUN
ejge-8925	239	49	to	to	ADP
ejge-8925	239	50	long	long	ADV
ejge-8925	239	51	-	-	PUNCT
ejge-8925	239	52	run	run	VERB
ejge-8925	239	53	equilibrium	equilibrium	NOUN
ejge-8925	239	54	.	.	PUNCT
ejge-8925	240	1	furthermore	furthermore	ADV
ejge-8925	240	2	,	,	PUNCT
ejge-8925	240	3	the	the	DET
ejge-8925	240	4	estimated	estimate	VERB
ejge-8925	240	5	coefficients	coefficient	NOUN
ejge-8925	240	6	for	for	ADP
ejge-8925	240	7	𝜗𝜗k	𝜗𝜗k	PROPN
ejge-8925	240	8	,	,	PUNCT
ejge-8925	240	9	indicate	indicate	VERB
ejge-8925	240	10	the	the	DET
ejge-8925	240	11	long	long	ADV
ejge-8925	240	12	-	-	PUNCT
ejge-8925	240	13	run	run	NOUN
ejge-8925	240	14	relationship	relationship	NOUN
ejge-8925	240	15	between	between	ADP
ejge-8925	240	16	the	the	DET
ejge-8925	240	17	variables	variable	NOUN
ejge-8925	240	18	,	,	PUNCT
ejge-8925	240	19	whereas	whereas	SCONJ
ejge-8925	240	20	the	the	DET
ejge-8925	240	21	βk	βk	NOUN
ejge-8925	240	22	,	,	PUNCT
ejge-8925	240	23	i	i	PRON
ejge-8925	240	24	the	the	DET
ejge-8925	240	25	determinant	determinant	ADJ
ejge-8925	240	26	variables	variable	NOUN
ejge-8925	240	27	'	'	PART
ejge-8925	240	28	short	short	ADJ
ejge-8925	240	29	-	-	PUNCT
ejge-8925	240	30	run	run	NOUN
ejge-8925	240	31	coefficients	coefficient	NOUN
ejge-8925	240	32	,	,	PUNCT
ejge-8925	240	33	νi	νi	PRON
ejge-8925	240	34	indicates	indicate	VERB
ejge-8925	240	35	the	the	DET
ejge-8925	240	36	country	country	NOUN
ejge-8925	240	37	-	-	PUNCT
ejge-8925	240	38	specific	specific	ADJ
ejge-8925	240	39	fixed	fix	VERB
ejge-8925	240	40	-	-	PUNCT
ejge-8925	240	41	effect	effect	NOUN
ejge-8925	240	42	,	,	PUNCT
ejge-8925	240	43	ε	ε	PROPN
ejge-8925	240	44	is	be	AUX
ejge-8925	240	45	a	a	DET
ejge-8925	240	46	time	time	NOUN
ejge-8925	240	47	-	-	PUNCT
ejge-8925	240	48	varying	vary	VERB
ejge-8925	240	49	disturbance	disturbance	NOUN
ejge-8925	240	50	term	term	NOUN
ejge-8925	240	51	,	,	PUNCT
ejge-8925	240	52	μ=6	μ=6	PROPN
ejge-8925	240	53	is	be	AUX
ejge-8925	240	54	the	the	DET
ejge-8925	240	55	number	number	NOUN
ejge-8925	240	56	of	of	ADP
ejge-8925	240	57	the	the	DET
ejge-8925	240	58	determinants	determinant	NOUN
ejge-8925	240	59	and	and	CCONJ
ejge-8925	240	60	q	q	NOUN
ejge-8925	240	61	,	,	PUNCT
ejge-8925	240	62	and	and	CCONJ
ejge-8925	240	63	p	p	NOUN
ejge-8925	240	64	is	be	AUX
ejge-8925	240	65	the	the	DET
ejge-8925	240	66	number	number	NOUN
ejge-8925	240	67	of	of	ADP
ejge-8925	240	68	lags	lag	NOUN
ejge-8925	240	69	.	.	PUNCT
ejge-8925	241	1	the	the	DET
ejge-8925	241	2	following	follow	VERB
ejge-8925	241	3	steps	step	NOUN
ejge-8925	241	4	provide	provide	VERB
ejge-8925	241	5	a	a	DET
ejge-8925	241	6	brief	brief	ADJ
ejge-8925	241	7	explanation	explanation	NOUN
ejge-8925	241	8	of	of	ADP
ejge-8925	241	9	the	the	DET
ejge-8925	241	10	pmg	pmg	PROPN
ejge-8925	241	11	method	method	NOUN
ejge-8925	241	12	.	.	PUNCT
ejge-8925	242	1	it	it	PRON
ejge-8925	242	2	is	be	AUX
ejge-8925	242	3	necessary	necessary	ADJ
ejge-8925	242	4	to	to	PART
ejge-8925	242	5	identify	identify	VERB
ejge-8925	242	6	the	the	DET
ejge-8925	242	7	ardl	ardl	NOUN
ejge-8925	242	8	order	order	NOUN
ejge-8925	242	9	of	of	ADP
ejge-8925	242	10	the	the	DET
ejge-8925	242	11	model	model	NOUN
ejge-8925	242	12	denoted	denote	VERB
ejge-8925	242	13	by	by	ADP
ejge-8925	242	14	[	[	X
ejge-8925	242	15	1	1	NUM
ejge-8925	242	16	]	]	X
ejge-8925	242	17	first	first	ADV
ejge-8925	242	18	.	.	PUNCT
ejge-8925	243	1	also	also	ADV
ejge-8925	243	2	,	,	PUNCT
ejge-8925	243	3	the	the	DET
ejge-8925	243	4	value	value	NOUN
ejge-8925	243	5	of	of	ADP
ejge-8925	243	6	q	q	NOUN
ejge-8925	243	7	for	for	ADP
ejge-8925	243	8	each	each	DET
ejge-8925	243	9	regressor	regressor	NOUN
ejge-8925	243	10	must	must	AUX
ejge-8925	243	11	be	be	AUX
ejge-8925	243	12	calculated	calculate	VERB
ejge-8925	243	13	.	.	PUNCT
ejge-8925	244	1	thus	thus	ADV
ejge-8925	244	2	,	,	PUNCT
ejge-8925	244	3	for	for	ADP
ejge-8925	244	4	each	each	DET
ejge-8925	244	5	country	country	NOUN
ejge-8925	244	6	,	,	PUNCT
ejge-8925	244	7	equation	equation	NOUN
ejge-8925	244	8	[	[	X
ejge-8925	244	9	1	1	X
ejge-8925	244	10	]	]	PUNCT
ejge-8925	244	11	was	be	AUX
ejge-8925	244	12	re	re	VERB
ejge-8925	244	13	-	-	VERB
ejge-8925	244	14	estimated	estimated	ADJ
ejge-8925	244	15	,	,	PUNCT
ejge-8925	244	16	and	and	CCONJ
ejge-8925	244	17	the	the	DET
ejge-8925	244	18	lagged	lag	VERB
ejge-8925	244	19	ardl	ardl	NOUN
ejge-8925	244	20	order	order	NOUN
ejge-8925	244	21	was	be	AUX
ejge-8925	244	22	established	establish	VERB
ejge-8925	244	23	using	use	VERB
ejge-8925	244	24	the	the	DET
ejge-8925	244	25	schwarz	schwarz	PROPN
ejge-8925	244	26	bayesian	bayesian	NOUN
ejge-8925	244	27	criterion	criterion	NOUN
ejge-8925	244	28	(	(	PUNCT
ejge-8925	244	29	sbc	sbc	NOUN
ejge-8925	244	30	)	)	PUNCT
ejge-8925	244	31	.	.	PUNCT
ejge-8925	245	1	the	the	DET
ejge-8925	245	2	lag	lag	NOUN
ejge-8925	245	3	order	order	NOUN
ejge-8925	245	4	of	of	ADP
ejge-8925	245	5	the	the	DET
ejge-8925	245	6	ardl	ardl	NOUN
ejge-8925	245	7	model	model	NOUN
ejge-8925	245	8	for	for	SCONJ
ejge-8925	245	9	each	each	DET
ejge-8925	245	10	cross	cross	NOUN
ejge-8925	245	11	-	-	NOUN
ejge-8925	245	12	section	section	NOUN
ejge-8925	245	13	is	be	AUX
ejge-8925	245	14	determined	determine	VERB
ejge-8925	245	15	using	use	VERB
ejge-8925	245	16	a	a	DET
ejge-8925	245	17	maximum	maximum	NOUN
ejge-8925	245	18	of	of	ADP
ejge-8925	245	19	6	6	NUM
ejge-8925	245	20	lags	lag	NOUN
ejge-8925	245	21	in	in	ADP
ejge-8925	245	22	equation	equation	NOUN
ejge-8925	245	23	[	[	X
ejge-8925	245	24	1	1	NUM
ejge-8925	245	25	]	]	PUNCT
ejge-8925	245	26	.	.	PUNCT
ejge-8925	246	1	at	at	ADP
ejge-8925	246	2	that	that	DET
ejge-8925	246	3	point	point	NOUN
ejge-8925	246	4	,	,	PUNCT
ejge-8925	246	5	the	the	DET
ejge-8925	246	6	most	most	ADV
ejge-8925	246	7	common	common	ADJ
ejge-8925	246	8	lag	lag	NOUN
ejge-8925	246	9	order	order	NOUN
ejge-8925	246	10	across	across	ADP
ejge-8925	246	11	cross	cros	NOUN
ejge-8925	246	12	-	-	NOUN
ejge-8925	246	13	sections	section	NOUN
ejge-8925	246	14	for	for	ADP
ejge-8925	246	15	each	each	DET
ejge-8925	246	16	variable	variable	NOUN
ejge-8925	246	17	has	have	AUX
ejge-8925	246	18	been	be	AUX
ejge-8925	246	19	used	use	VERB
ejge-8925	246	20	,	,	PUNCT
ejge-8925	246	21	yielding	yield	VERB
ejge-8925	246	22	the	the	DET
ejge-8925	246	23	final	final	ADJ
ejge-8925	246	24	form	form	NOUN
ejge-8925	246	25	of	of	ADP
ejge-8925	246	26	equation	equation	NOUN
ejge-8925	246	27	(	(	PUNCT
ejge-8925	246	28	1	1	NUM
ejge-8925	246	29	)	)	PUNCT
ejge-8925	246	30	for	for	ADP
ejge-8925	246	31	estimation	estimation	NOUN
ejge-8925	246	32	:	:	PUNCT
ejge-8925	246	33	𝐶𝐶𝐶𝐶𝐵𝐵𝑠𝑠	𝐶𝐶𝐶𝐶𝐵𝐵𝑠𝑠	PROPN
ejge-8925	246	34	,	,	PUNCT
ejge-8925	246	35	𝛿𝛿	𝛿𝛿	NOUN
ejge-8925	246	36	=	=	PUNCT
ejge-8925	246	37	𝜑𝜑𝑖𝑖	𝜑𝜑𝑖𝑖	VERB
ejge-8925	246	38	�	�	PROPN
ejge-8925	246	39	𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡−1	𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡−1	NUM
ejge-8925	246	40	−	−	X
ejge-8925	246	41	∑	∑	PUNCT
ejge-8925	246	42	𝜗𝜗𝑘𝑘,𝑖𝑖𝐺𝐺𝑘𝑘,𝑖𝑖,𝑡𝑡	𝜗𝜗𝑘𝑘,𝑖𝑖𝐺𝐺𝑘𝑘,𝑖𝑖,𝑡𝑡	VERB
ejge-8925	246	43	𝜇𝜇	𝜇𝜇	ADP
ejge-8925	246	44	𝑘𝑘=1	𝑘𝑘=1	X
ejge-8925	246	45	�	�	PROPN
ejge-8925	246	46	+	+	CCONJ
ejge-8925	246	47	𝜆𝜆𝑖𝑖𝛥𝛥𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡−1	𝜆𝜆𝑖𝑖𝛥𝛥𝐶𝐶𝐶𝐶𝐵𝐵𝑖𝑖,𝑡𝑡−1	PUNCT
ejge-8925	247	1	+	+	CCONJ
ejge-8925	247	2	𝛽𝛽1,𝑖𝑖,0𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡	𝛽𝛽1,𝑖𝑖,0𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡	X
ejge-8925	247	3	+	+	NOUN
ejge-8925	247	4	𝛽𝛽1,𝑖𝑖,1𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−1	𝛽𝛽1,𝑖𝑖,1𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−1	ADJ
ejge-8925	247	5	+	+	NUM
ejge-8925	247	6	𝛽𝛽1,𝑖𝑖,2𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−2	𝛽𝛽1,𝑖𝑖,2𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−2	X
ejge-8925	247	7	+	+	CCONJ
ejge-8925	247	8	𝛽𝛽1,𝑖𝑖,3𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−3	𝛽𝛽1,𝑖𝑖,3𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−3	NOUN
ejge-8925	247	9	+	+	CCONJ
ejge-8925	247	10	𝛽𝛽1,𝑖𝑖,4𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−4	𝛽𝛽1,𝑖𝑖,4𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−4	PROPN
ejge-8925	247	11	+	+	CCONJ
ejge-8925	247	12	𝛽𝛽2,𝑖𝑖,0𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡	𝛽𝛽2,𝑖𝑖,0𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡	X
ejge-8925	247	13	+	+	NUM
ejge-8925	247	14	𝛽𝛽2,𝑖𝑖,1𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−1	𝛽𝛽2,𝑖𝑖,1𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−1	NOUN
ejge-8925	247	15	+	+	NUM
ejge-8925	247	16	𝛽𝛽2,𝑖𝑖,2𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−2	𝛽𝛽2,𝑖𝑖,2𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−2	NOUN
ejge-8925	247	17	+	+	CCONJ
ejge-8925	247	18	𝛽𝛽2,𝑖𝑖,3𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−3	𝛽𝛽2,𝑖𝑖,3𝛥𝛥𝑅𝑅𝑅𝑅𝑅𝑅𝑖𝑖,𝑡𝑡−3	X
ejge-8925	247	19	+	+	CCONJ
ejge-8925	247	20	𝛽𝛽3,𝑖𝑖,0𝛥𝛥𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖	𝛽𝛽3,𝑖𝑖,0𝛥𝛥𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖	PROPN
ejge-8925	247	21	,	,	PUNCT
ejge-8925	247	22	𝑡𝑡	𝑡𝑡	NOUN
ejge-8925	247	23	+	+	PUNCT
ejge-8925	247	24	𝛽𝛽3,𝑖𝑖,1𝛥𝛥𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖,𝑡𝑡−1	𝛽𝛽3,𝑖𝑖,1𝛥𝛥𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖,𝑡𝑡−1	NOUN
ejge-8925	247	25	+	+	X
ejge-8925	247	26	𝛽𝛽3,𝑖𝑖,2𝛥𝛥𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖	𝛽𝛽3,𝑖𝑖,2𝛥𝛥𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖	NOUN
ejge-8925	247	27	,	,	PUNCT
ejge-8925	247	28	𝑡𝑡−2	𝑡𝑡−2	PROPN
ejge-8925	247	29	+	+	CCONJ
ejge-8925	247	30	𝛽𝛽3,𝑖𝑖,3𝛥𝛥𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖	𝛽𝛽3,𝑖𝑖,3𝛥𝛥𝐵𝐵𝐵𝐵𝐷𝐷𝑖𝑖	PROPN
ejge-8925	247	31	,	,	PUNCT
ejge-8925	247	32	𝑡𝑡−3	𝑡𝑡−3	PROPN
ejge-8925	247	33	+	+	CCONJ
ejge-8925	247	34	𝛽𝛽4,𝑖𝑖,0𝛥𝛥𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡	𝛽𝛽4,𝑖𝑖,0𝛥𝛥𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡	PROPN
ejge-8925	247	35	+	+	CCONJ
ejge-8925	247	36	𝛽𝛽4,𝑖𝑖,1𝛥𝛥𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡−1	𝛽𝛽4,𝑖𝑖,1𝛥𝛥𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡−1	ADJ
ejge-8925	247	37	+	+	NUM
ejge-8925	247	38	𝛽𝛽4,𝑖𝑖,2𝛥𝛥𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡−2	𝛽𝛽4,𝑖𝑖,2𝛥𝛥𝐺𝐺𝐷𝐷𝑃𝑃𝑖𝑖,𝑡𝑡−2	NOUN
ejge-8925	247	39	+	+	CCONJ
ejge-8925	247	40	𝛽𝛽5,𝑖𝑖,0𝛥𝛥𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡	𝛽𝛽5,𝑖𝑖,0𝛥𝛥𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡	PROPN
ejge-8925	247	41	+	+	CCONJ
ejge-8925	247	42	𝛽𝛽5,𝑖𝑖,1𝛥𝛥𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡−1	𝛽𝛽5,𝑖𝑖,1𝛥𝛥𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡−1	ADJ
ejge-8925	247	43	+	+	CCONJ
ejge-8925	247	44	𝛽𝛽5,𝑖𝑖,2𝛥𝛥𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡−2	𝛽𝛽5,𝑖𝑖,2𝛥𝛥𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡−2	NOUN
ejge-8925	247	45	+	+	CCONJ
ejge-8925	247	46	𝛽𝛽5,𝑖𝑖,3𝛥𝛥𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡−3	𝛽𝛽5,𝑖𝑖,3𝛥𝛥𝑅𝑅𝑅𝑅𝑉𝑉𝑖𝑖,𝑡𝑡−3	PROPN
ejge-8925	247	47	+	+	CCONJ
ejge-8925	247	48	𝛾𝛾1	𝛾𝛾1	ADJ
ejge-8925	247	49	𝑆𝑆1	𝑆𝑆1	PROPN
ejge-8925	247	50	+	+	CCONJ
ejge-8925	247	51	𝛾𝛾2𝑆𝑆2	𝛾𝛾2𝑆𝑆2	PROPN
ejge-8925	247	52	+	+	CCONJ
ejge-8925	247	53	𝛾𝛾3𝑆𝑆3	𝛾𝛾3𝑆𝑆3	ADJ
ejge-8925	247	54	+	+	NUM
ejge-8925	247	55	𝛿𝛿𝑐𝑐𝑠𝑠𝛿𝛿𝛿𝛿𝑦𝑦𝑡𝑡	𝛿𝛿𝑐𝑐𝑠𝑠𝛿𝛿𝛿𝛿𝑦𝑦𝑡𝑡	NOUN
ejge-8925	247	56	+	+	CCONJ
ejge-8925	247	57	𝜈𝜈𝑖𝑖+𝜀𝜀𝑖𝑖,𝑡𝑡	𝜈𝜈𝑖𝑖+𝜀𝜀𝑖𝑖,𝑡𝑡	X
ejge-8925	247	58	[	[	X
ejge-8925	247	59	5	5	NUM
ejge-8925	247	60	]	]	X
ejge-8925	247	61	second	second	ADJ
ejge-8925	247	62	,	,	PUNCT
ejge-8925	247	63	the	the	DET
ejge-8925	247	64	maximum	maximum	ADJ
ejge-8925	247	65	likelihood	likelihood	NOUN
ejge-8925	247	66	was	be	AUX
ejge-8925	247	67	used	use	VERB
ejge-8925	247	68	to	to	PART
ejge-8925	247	69	estimate	estimate	VERB
ejge-8925	247	70	the	the	DET
ejge-8925	247	71	long	long	ADV
ejge-8925	247	72	-	-	PUNCT
ejge-8925	247	73	run	run	NOUN
ejge-8925	247	74	coefficients	coefficient	NOUN
ejge-8925	247	75	𝜗𝜗𝑘𝑘,𝑖𝑖s	𝜗𝜗𝑘𝑘,𝑖𝑖s	PROPN
ejge-8925	247	76	across	across	ADP
ejge-8925	247	77	cross	cross	NOUN
ejge-8925	247	78	-	-	NOUN
ejge-8925	247	79	sections	section	NOUN
ejge-8925	247	80	.	.	PUNCT
ejge-8925	248	1	the	the	DET
ejge-8925	248	2	final	final	ADJ
ejge-8925	248	3	step	step	NOUN
ejge-8925	248	4	involves	involve	VERB
ejge-8925	248	5	estimating	estimate	VERB
ejge-8925	248	6	the	the	DET
ejge-8925	248	7	short	short	ADJ
ejge-8925	248	8	-	-	PUNCT
ejge-8925	248	9	run	run	NOUN
ejge-8925	248	10	coefficients	coefficient	NOUN
ejge-8925	248	11	𝜆𝜆𝑖𝑖s	𝜆𝜆𝑖𝑖s	ADV
ejge-8925	248	12	and	and	CCONJ
ejge-8925	248	13	𝛽𝛽𝑘𝑘,𝑖𝑖,𝑖𝑖s	𝛽𝛽𝑘𝑘,𝑖𝑖,𝑖𝑖s	CCONJ
ejge-8925	248	14	,	,	PUNCT
ejge-8925	248	15	the	the	DET
ejge-8925	248	16	speed	speed	NOUN
ejge-8925	248	17	of	of	ADP
ejge-8925	248	18	adjustment	adjustment	NOUN
ejge-8925	248	19	φi	φi	ADP
ejge-8925	248	20	the	the	DET
ejge-8925	248	21	country	country	NOUN
ejge-8925	248	22	-	-	PUNCT
ejge-8925	248	23	specific	specific	ADJ
ejge-8925	248	24	intercepts	intercept	NOUN
ejge-8925	248	25	vi	vi	NOUN
ejge-8925	248	26	,	,	PUNCT
ejge-8925	248	27	and	and	CCONJ
ejge-8925	248	28	the	the	DET
ejge-8925	248	29	country	country	NOUN
ejge-8925	248	30	-	-	PUNCT
ejge-8925	248	31	specific	specific	ADJ
ejge-8925	248	32	error	error	NOUN
ejge-8925	248	33	variances	variance	NOUN
ejge-8925	248	34	gerassimos	gerassimos	PROPN
ejge-8925	248	35	bertsatos	bertsatos	PROPN
ejge-8925	248	36	/	/	SYM
ejge-8925	248	37	european	european	PROPN
ejge-8925	248	38	journal	journal	PROPN
ejge-8925	248	39	of	of	ADP
ejge-8925	248	40	government	government	NOUN
ejge-8925	248	41	and	and	CCONJ
ejge-8925	248	42	economics	economic	NOUN
ejge-8925	248	43	11(2	11(2	NUM
ejge-8925	248	44	)	)	PUNCT
ejge-8925	248	45	,	,	PUNCT
ejge-8925	248	46	december	december	PROPN
ejge-8925	248	47	2022	2022	NUM
ejge-8925	248	48	,	,	PUNCT
ejge-8925	248	49	141	141	NUM
ejge-8925	248	50	-	-	SYM
ejge-8925	248	51	166	166	NUM
ejge-8925	248	52	153	153	NUM
ejge-8925	248	53	on	on	ADP
ejge-8925	248	54	a	a	DET
ejge-8925	248	55	country	country	NOUN
ejge-8925	248	56	-	-	PUNCT
ejge-8925	248	57	by	by	ADP
ejge-8925	248	58	-	-	PUNCT
ejge-8925	248	59	country	country	NOUN
ejge-8925	248	60	basis	basis	NOUN
ejge-8925	248	61	,	,	PUNCT
ejge-8925	248	62	again	again	ADV
ejge-8925	248	63	employing	employ	VERB
ejge-8925	248	64	the	the	DET
ejge-8925	248	65	maximum	maximum	ADJ
ejge-8925	248	66	likelihood	likelihood	NOUN
ejge-8925	248	67	method	method	NOUN
ejge-8925	248	68	and	and	CCONJ
ejge-8925	248	69	the	the	DET
ejge-8925	248	70	estimations	estimation	NOUN
ejge-8925	248	71	of	of	ADP
ejge-8925	248	72	the	the	DET
ejge-8925	248	73	long	long	ADV
ejge-8925	248	74	-	-	PUNCT
ejge-8925	248	75	run	run	VERB
ejge-8925	248	76	coefficients	coefficient	NOUN
ejge-8925	248	77	attained	attain	VERB
ejge-8925	248	78	earlier	early	ADV
ejge-8925	248	79	.	.	PUNCT
ejge-8925	249	1	the	the	DET
ejge-8925	249	2	pmg	pmg	PROPN
ejge-8925	249	3	has	have	AUX
ejge-8925	249	4	been	be	AUX
ejge-8925	249	5	tested	test	VERB
ejge-8925	249	6	for	for	ADP
ejge-8925	249	7	the	the	DET
ejge-8925	249	8	following	follow	VERB
ejge-8925	249	9	specifications	specification	NOUN
ejge-8925	249	10	:	:	PUNCT
ejge-8925	249	11	the	the	DET
ejge-8925	249	12	model	model	NOUN
ejge-8925	249	13	's	's	PART
ejge-8925	249	14	dynamic	dynamic	ADJ
ejge-8925	249	15	stability	stability	NOUN
ejge-8925	249	16	has	have	AUX
ejge-8925	249	17	been	be	AUX
ejge-8925	249	18	investigated	investigate	VERB
ejge-8925	249	19	;	;	PUNCT
ejge-8925	249	20	for	for	SCONJ
ejge-8925	249	21	our	our	PRON
ejge-8925	249	22	model	model	NOUN
ejge-8925	249	23	to	to	PART
ejge-8925	249	24	be	be	AUX
ejge-8925	249	25	dynamically	dynamically	ADV
ejge-8925	249	26	stable	stable	ADJ
ejge-8925	249	27	,	,	PUNCT
ejge-8925	249	28	the	the	DET
ejge-8925	249	29	coefficient	coefficient	NOUN
ejge-8925	249	30	of	of	ADP
ejge-8925	249	31	the	the	DET
ejge-8925	249	32	error	error	NOUN
ejge-8925	249	33	correction	correction	NOUN
ejge-8925	249	34	term	term	NOUN
ejge-8925	249	35	must	must	AUX
ejge-8925	249	36	be	be	AUX
ejge-8925	249	37	negative	negative	ADJ
ejge-8925	249	38	and	and	CCONJ
ejge-8925	249	39	not	not	PART
ejge-8925	249	40	lower	low	ADJ
ejge-8925	249	41	than	than	ADP
ejge-8925	249	42	-2	-2	INTJ
ejge-8925	249	43	,	,	PUNCT
ejge-8925	249	44	i.e.	i.e.	X
ejge-8925	249	45	,	,	PUNCT
ejge-8925	249	46	inside	inside	ADP
ejge-8925	249	47	the	the	DET
ejge-8925	249	48	unit	unit	NOUN
ejge-8925	249	49	circle	circle	NOUN
ejge-8925	249	50	.	.	PUNCT
ejge-8925	250	1	its	its	PRON
ejge-8925	250	2	values	value	NOUN
ejge-8925	250	3	were	be	AUX
ejge-8925	250	4	-0.417	-0.417	PUNCT
ejge-8925	250	5	and	and	CCONJ
ejge-8925	250	6	are	be	AUX
ejge-8925	250	7	statistically	statistically	ADV
ejge-8925	250	8	significant	significant	ADJ
ejge-8925	250	9	from	from	ADP
ejge-8925	250	10	zero	zero	NUM
ejge-8925	250	11	at	at	ADP
ejge-8925	250	12	a	a	DET
ejge-8925	250	13	significance	significance	NOUN
ejge-8925	250	14	level	level	NOUN
ejge-8925	250	15	of	of	ADP
ejge-8925	250	16	less	less	ADJ
ejge-8925	250	17	than	than	ADP
ejge-8925	250	18	1	1	NUM
ejge-8925	250	19	%	%	NOUN
ejge-8925	250	20	.	.	PUNCT
ejge-8925	251	1	as	as	ADP
ejge-8925	251	2	a	a	DET
ejge-8925	251	3	result	result	NOUN
ejge-8925	251	4	,	,	PUNCT
ejge-8925	251	5	the	the	DET
ejge-8925	251	6	condition	condition	NOUN
ejge-8925	251	7	for	for	ADP
ejge-8925	251	8	dynamic	dynamic	ADJ
ejge-8925	251	9	stability	stability	NOUN
ejge-8925	251	10	is	be	AUX
ejge-8925	251	11	met	meet	VERB
ejge-8925	251	12	.	.	PUNCT
ejge-8925	252	1	another	another	DET
ejge-8925	252	2	requirement	requirement	NOUN
ejge-8925	252	3	is	be	AUX
ejge-8925	252	4	to	to	PART
ejge-8925	252	5	see	see	VERB
ejge-8925	252	6	if	if	SCONJ
ejge-8925	252	7	a	a	DET
ejge-8925	252	8	cointegrated	cointegrate	VERB
ejge-8925	252	9	relationship	relationship	NOUN
ejge-8925	252	10	exists	exist	VERB
ejge-8925	252	11	,	,	PUNCT
ejge-8925	252	12	i.e.	i.e.	X
ejge-8925	252	13	,	,	PUNCT
ejge-8925	252	14	a	a	DET
ejge-8925	252	15	statistically	statistically	ADV
ejge-8925	252	16	significant	significant	ADJ
ejge-8925	252	17	long	long	ADJ
ejge-8925	252	18	-	-	PUNCT
ejge-8925	252	19	run	run	NOUN
ejge-8925	252	20	relationship	relationship	NOUN
ejge-8925	252	21	among	among	ADP
ejge-8925	252	22	the	the	DET
ejge-8925	252	23	cab	cab	NOUN
ejge-8925	252	24	and	and	CCONJ
ejge-8925	252	25	its	its	PRON
ejge-8925	252	26	determinants	determinant	NOUN
ejge-8925	252	27	.	.	PUNCT
ejge-8925	253	1	the	the	DET
ejge-8925	253	2	coefficient	coefficient	NOUN
ejge-8925	253	3	of	of	ADP
ejge-8925	253	4	the	the	DET
ejge-8925	253	5	error	error	NOUN
ejge-8925	253	6	correction	correction	NOUN
ejge-8925	253	7	term	term	NOUN
ejge-8925	253	8	φi	φi	ADV
ejge-8925	253	9	must	must	AUX
ejge-8925	253	10	be	be	AUX
ejge-8925	253	11	negative	negative	ADJ
ejge-8925	253	12	and	and	CCONJ
ejge-8925	253	13	statistically	statistically	ADV
ejge-8925	253	14	significant	significant	ADJ
ejge-8925	253	15	to	to	PART
ejge-8925	253	16	indicate	indicate	VERB
ejge-8925	253	17	cointegration	cointegration	NOUN
ejge-8925	253	18	.	.	PUNCT
ejge-8925	254	1	the	the	DET
ejge-8925	254	2	percentage	percentage	NOUN
ejge-8925	254	3	change	change	NOUN
ejge-8925	254	4	in	in	ADP
ejge-8925	254	5	any	any	DET
ejge-8925	254	6	disequilibrium	disequilibrium	NOUN
ejge-8925	254	7	between	between	ADP
ejge-8925	254	8	the	the	DET
ejge-8925	254	9	dependent	dependent	ADJ
ejge-8925	254	10	and	and	CCONJ
ejge-8925	254	11	the	the	DET
ejge-8925	254	12	independent	independent	ADJ
ejge-8925	254	13	variables	variable	NOUN
ejge-8925	254	14	that	that	PRON
ejge-8925	254	15	are	be	AUX
ejge-8925	254	16	corrected	correct	VERB
ejge-8925	254	17	during	during	ADP
ejge-8925	254	18	one	one	NUM
ejge-8925	254	19	period	period	NOUN
ejge-8925	254	20	(	(	PUNCT
ejge-8925	254	21	in	in	ADP
ejge-8925	254	22	our	our	PRON
ejge-8925	254	23	case	case	NOUN
ejge-8925	254	24	,	,	PUNCT
ejge-8925	254	25	one	one	NUM
ejge-8925	254	26	quarter	quarter	NOUN
ejge-8925	254	27	)	)	PUNCT
ejge-8925	254	28	is	be	AUX
ejge-8925	254	29	represented	represent	VERB
ejge-8925	254	30	by	by	ADP
ejge-8925	254	31	the	the	DET
ejge-8925	254	32	value	value	NOUN
ejge-8925	254	33	of	of	ADP
ejge-8925	254	34	this	this	DET
ejge-8925	254	35	coefficient	coefficient	NOUN
ejge-8925	254	36	.	.	PUNCT
ejge-8925	255	1	its	its	PRON
ejge-8925	255	2	value	value	NOUN
ejge-8925	255	3	indicates	indicate	VERB
ejge-8925	255	4	the	the	DET
ejge-8925	255	5	rate	rate	NOUN
ejge-8925	255	6	at	at	ADP
ejge-8925	255	7	which	which	PRON
ejge-8925	255	8	the	the	DET
ejge-8925	255	9	economy	economy	NOUN
ejge-8925	255	10	is	be	AUX
ejge-8925	255	11	adjusting	adjust	VERB
ejge-8925	255	12	to	to	ADP
ejge-8925	255	13	the	the	DET
ejge-8925	255	14	long	long	ADV
ejge-8925	255	15	-	-	PUNCT
ejge-8925	255	16	run	run	NOUN
ejge-8925	255	17	equilibrium	equilibrium	NOUN
ejge-8925	255	18	.	.	PUNCT
ejge-8925	256	1	regarding	regard	VERB
ejge-8925	256	2	our	our	PRON
ejge-8925	256	3	situation	situation	NOUN
ejge-8925	256	4	,	,	PUNCT
ejge-8925	256	5	the	the	DET
ejge-8925	256	6	value	value	NOUN
ejge-8925	256	7	of	of	ADP
ejge-8925	256	8	φi	φi	ADV
ejge-8925	256	9	equals	equal	VERB
ejge-8925	256	10	-0.417	-0.417	ADV
ejge-8925	256	11	,	,	PUNCT
ejge-8925	256	12	indicating	indicate	VERB
ejge-8925	256	13	that	that	SCONJ
ejge-8925	256	14	the	the	DET
ejge-8925	256	15	variables	variable	NOUN
ejge-8925	256	16	are	be	AUX
ejge-8925	256	17	cointegrated	cointegrate	VERB
ejge-8925	256	18	and	and	CCONJ
ejge-8925	256	19	that	that	SCONJ
ejge-8925	256	20	41.7	41.7	NUM
ejge-8925	256	21	percent	percent	NOUN
ejge-8925	256	22	of	of	ADP
ejge-8925	256	23	any	any	DET
ejge-8925	256	24	disequilibrium	disequilibrium	NOUN
ejge-8925	256	25	between	between	ADP
ejge-8925	256	26	the	the	DET
ejge-8925	256	27	dependent	dependent	NOUN
ejge-8925	256	28	and	and	CCONJ
ejge-8925	256	29	the	the	DET
ejge-8925	256	30	regressors	regressor	NOUN
ejge-8925	256	31	is	be	AUX
ejge-8925	256	32	corrected	correct	VERB
ejge-8925	256	33	within	within	ADP
ejge-8925	256	34	one	one	NUM
ejge-8925	256	35	quarter	quarter	NOUN
ejge-8925	256	36	.	.	PUNCT
ejge-8925	257	1	in	in	ADP
ejge-8925	257	2	the	the	DET
ejge-8925	257	3	end	end	NOUN
ejge-8925	257	4	,	,	PUNCT
ejge-8925	257	5	the	the	DET
ejge-8925	257	6	long	long	ADV
ejge-8925	257	7	-	-	PUNCT
ejge-8925	257	8	run	run	NOUN
ejge-8925	257	9	elasticities	elasticity	NOUN
ejge-8925	257	10	must	must	AUX
ejge-8925	257	11	be	be	AUX
ejge-8925	257	12	identical	identical	ADJ
ejge-8925	257	13	across	across	ADP
ejge-8925	257	14	cross	cross	NOUN
ejge-8925	257	15	-	-	NOUN
ejge-8925	257	16	sections	section	NOUN
ejge-8925	257	17	for	for	ADP
ejge-8925	257	18	the	the	DET
ejge-8925	257	19	pmg	pmg	PROPN
ejge-8925	257	20	estimator	estimator	NOUN
ejge-8925	257	21	to	to	PART
ejge-8925	257	22	be	be	AUX
ejge-8925	257	23	applied	apply	VERB
ejge-8925	257	24	.	.	PUNCT
ejge-8925	258	1	this	this	DET
ejge-8925	258	2	pooling	pooling	NOUN
ejge-8925	258	3	across	across	ADP
ejge-8925	258	4	cross	cross	ADJ
ejge-8925	258	5	-	-	NOUN
ejge-8925	258	6	sections	section	NOUN
ejge-8925	258	7	gives	give	VERB
ejge-8925	258	8	consistent	consistent	ADJ
ejge-8925	258	9	and	and	CCONJ
ejge-8925	258	10	efficient	efficient	ADJ
ejge-8925	258	11	estimates	estimate	NOUN
ejge-8925	258	12	when	when	SCONJ
ejge-8925	258	13	the	the	DET
ejge-8925	258	14	applied	apply	VERB
ejge-8925	258	15	are	be	AUX
ejge-8925	258	16	correct	correct	ADJ
ejge-8925	258	17	,	,	PUNCT
ejge-8925	258	18	i.e.	i.e.	X
ejge-8925	258	19	,	,	PUNCT
ejge-8925	258	20	the	the	DET
ejge-8925	258	21	long	long	ADV
ejge-8925	258	22	-	-	PUNCT
ejge-8925	258	23	run	run	VERB
ejge-8925	258	24	coefficients	coefficient	NOUN
ejge-8925	258	25	are	be	AUX
ejge-8925	258	26	the	the	DET
ejge-8925	258	27	same	same	ADJ
ejge-8925	258	28	across	across	ADP
ejge-8925	258	29	crosssections	crosssection	NOUN
ejge-8925	258	30	.	.	PUNCT
ejge-8925	259	1	the	the	DET
ejge-8925	259	2	pmg	pmg	PROPN
ejge-8925	259	3	estimations	estimation	NOUN
ejge-8925	259	4	will	will	AUX
ejge-8925	259	5	be	be	AUX
ejge-8925	259	6	inconsistent	inconsistent	ADJ
ejge-8925	259	7	if	if	SCONJ
ejge-8925	259	8	the	the	DET
ejge-8925	259	9	slope	slope	NOUN
ejge-8925	259	10	parameter	parameter	NOUN
ejge-8925	259	11	in	in	ADP
ejge-8925	259	12	the	the	DET
ejge-8925	259	13	original	original	ADJ
ejge-8925	259	14	model	model	NOUN
ejge-8925	259	15	is	be	AUX
ejge-8925	259	16	heterogeneous	heterogeneous	ADJ
ejge-8925	259	17	.	.	PUNCT
ejge-8925	260	1	a	a	DET
ejge-8925	260	2	hausman	hausman	ADJ
ejge-8925	260	3	test	test	NOUN
ejge-8925	260	4	is	be	AUX
ejge-8925	260	5	used	use	VERB
ejge-8925	260	6	to	to	PART
ejge-8925	260	7	assess	assess	VERB
ejge-8925	260	8	the	the	DET
ejge-8925	260	9	homogeneity	homogeneity	NOUN
ejge-8925	260	10	hypothesis	hypothesis	NOUN
ejge-8925	260	11	.	.	PUNCT
ejge-8925	261	1	this	this	DET
ejge-8925	261	2	hausman	hausman	ADJ
ejge-8925	261	3	test	test	NOUN
ejge-8925	261	4	is	be	AUX
ejge-8925	261	5	founded	found	VERB
ejge-8925	261	6	on	on	ADP
ejge-8925	261	7	a	a	DET
ejge-8925	261	8	comparison	comparison	NOUN
ejge-8925	261	9	of	of	ADP
ejge-8925	261	10	the	the	DET
ejge-8925	261	11	mean	mean	ADJ
ejge-8925	261	12	group	group	NOUN
ejge-8925	261	13	(	(	PUNCT
ejge-8925	261	14	mg	mg	PROPN
ejge-8925	261	15	)	)	PUNCT
ejge-8925	261	16	and	and	CCONJ
ejge-8925	261	17	the	the	DET
ejge-8925	261	18	pmg	pmg	PROPN
ejge-8925	261	19	estimators	estimator	NOUN
ejge-8925	261	20	.	.	PUNCT
ejge-8925	262	1	the	the	DET
ejge-8925	262	2	hausman	hausman	PROPN
ejge-8925	262	3	test	test	NOUN
ejge-8925	262	4	statistic	statistic	NOUN
ejge-8925	262	5	was	be	AUX
ejge-8925	262	6	3.91	3.91	NUM
ejge-8925	262	7	,	,	PUNCT
ejge-8925	262	8	with	with	ADP
ejge-8925	262	9	a	a	DET
ejge-8925	262	10	0.56	0.56	NUM
ejge-8925	262	11	level	level	NOUN
ejge-8925	262	12	of	of	ADP
ejge-8925	262	13	statistical	statistical	ADJ
ejge-8925	262	14	significance	significance	NOUN
ejge-8925	262	15	(	(	PUNCT
ejge-8925	262	16	p	p	NOUN
ejge-8925	262	17	)	)	PUNCT
ejge-8925	262	18	.	.	PUNCT
ejge-8925	263	1	consequently	consequently	ADV
ejge-8925	263	2	,	,	PUNCT
ejge-8925	263	3	the	the	DET
ejge-8925	263	4	null	null	ADJ
ejge-8925	263	5	hypothesis	hypothesis	NOUN
ejge-8925	263	6	that	that	PRON
ejge-8925	263	7	the	the	DET
ejge-8925	263	8	difference	difference	NOUN
ejge-8925	263	9	in	in	ADP
ejge-8925	263	10	coefficients	coefficient	NOUN
ejge-8925	263	11	is	be	AUX
ejge-8925	263	12	not	not	PART
ejge-8925	263	13	systematic	systematic	ADJ
ejge-8925	263	14	can	can	AUX
ejge-8925	263	15	not	not	PART
ejge-8925	263	16	be	be	AUX
ejge-8925	263	17	rejected	reject	VERB
ejge-8925	263	18	,	,	PUNCT
ejge-8925	263	19	and	and	CCONJ
ejge-8925	263	20	the	the	DET
ejge-8925	263	21	model	model	NOUN
ejge-8925	263	22	's	's	PART
ejge-8925	263	23	slope	slope	NOUN
ejge-8925	263	24	parameters	parameter	NOUN
ejge-8925	263	25	across	across	ADP
ejge-8925	263	26	cross	cros	NOUN
ejge-8925	263	27	-	-	NOUN
ejge-8925	263	28	sections	section	NOUN
ejge-8925	263	29	are	be	AUX
ejge-8925	263	30	proved	prove	VERB
ejge-8925	263	31	to	to	PART
ejge-8925	263	32	be	be	AUX
ejge-8925	263	33	homogenous	homogenous	ADJ
ejge-8925	263	34	.	.	PUNCT
ejge-8925	264	1	4	4	X
ejge-8925	264	2	.	.	NOUN
ejge-8925	264	3	results	result	VERB
ejge-8925	264	4	the	the	DET
ejge-8925	264	5	dynamic	dynamic	ADJ
ejge-8925	264	6	specification	specification	NOUN
ejge-8925	264	7	of	of	ADP
ejge-8925	264	8	the	the	DET
ejge-8925	264	9	model	model	NOUN
ejge-8925	264	10	was	be	AUX
ejge-8925	264	11	found	find	VERB
ejge-8925	264	12	using	use	VERB
ejge-8925	264	13	the	the	DET
ejge-8925	264	14	methods	method	NOUN
ejge-8925	264	15	outlined	outline	VERB
ejge-8925	264	16	above	above	ADV
ejge-8925	264	17	(	(	PUNCT
ejge-8925	264	18	see	see	VERB
ejge-8925	264	19	section	section	NOUN
ejge-8925	264	20	3.1	3.1	NUM
ejge-8925	264	21	and	and	CCONJ
ejge-8925	264	22	eq	eq	NOUN
ejge-8925	264	23	.	.	PUNCT
ejge-8925	265	1	[	[	X
ejge-8925	265	2	5	5	NUM
ejge-8925	265	3	]	]	PUNCT
ejge-8925	265	4	)	)	PUNCT
ejge-8925	265	5	and	and	CCONJ
ejge-8925	265	6	is	be	AUX
ejge-8925	265	7	:	:	PUNCT
ejge-8925	265	8	ardl	ardl	NOUN
ejge-8925	265	9	(	(	PUNCT
ejge-8925	265	10	1,5,4,4,3,4	1,5,4,4,3,4	NUM
ejge-8925	265	11	)	)	PUNCT
ejge-8925	265	12	;	;	PUNCT
ejge-8925	265	13	each	each	DET
ejge-8925	265	14	number	number	NOUN
ejge-8925	265	15	in	in	ADP
ejge-8925	265	16	order	order	NOUN
ejge-8925	265	17	represents	represent	VERB
ejge-8925	265	18	the	the	DET
ejge-8925	265	19	distributed	distribute	VERB
ejge-8925	265	20	lags	lag	NOUN
ejge-8925	265	21	for	for	ADP
ejge-8925	265	22	the	the	DET
ejge-8925	265	23	variables	variables	PROPN
ejge-8925	265	24	cab	cab	PROPN
ejge-8925	265	25	,	,	PUNCT
ejge-8925	265	26	rer	rer	PROPN
ejge-8925	265	27	,	,	PUNCT
ejge-8925	265	28	rir	rir	PROPN
ejge-8925	265	29	,	,	PUNCT
ejge-8925	265	30	bud	bud	NOUN
ejge-8925	265	31	,	,	PUNCT
ejge-8925	265	32	gdp	gdp	NOUN
ejge-8925	265	33	,	,	PUNCT
ejge-8925	265	34	and	and	CCONJ
ejge-8925	265	35	erv	erv	PROPN
ejge-8925	265	36	,	,	PUNCT
ejge-8925	265	37	respectively	respectively	ADV
ejge-8925	265	38	.	.	PUNCT
ejge-8925	266	1	table	table	NOUN
ejge-8925	266	2	4	4	NUM
ejge-8925	266	3	presents	present	VERB
ejge-8925	266	4	the	the	DET
ejge-8925	266	5	long	long	ADJ
ejge-8925	266	6	and	and	CCONJ
ejge-8925	266	7	short	short	ADJ
ejge-8925	266	8	-	-	PUNCT
ejge-8925	266	9	run	run	NOUN
ejge-8925	266	10	coefficients	coefficient	NOUN
ejge-8925	266	11	of	of	ADP
ejge-8925	266	12	the	the	DET
ejge-8925	266	13	cab	cab	NOUN
ejge-8925	266	14	determinants	determinant	NOUN
ejge-8925	266	15	of	of	ADP
ejge-8925	266	16	the	the	DET
ejge-8925	266	17	eurozone	eurozone	NOUN
ejge-8925	266	18	members	member	NOUN
ejge-8925	266	19	vis	vis	X
ejge-8925	266	20	-	-	PUNCT
ejge-8925	266	21	à	à	X
ejge-8925	266	22	-	-	PUNCT
ejge-8925	266	23	vis	vis	X
ejge-8925	266	24	the	the	DET
ejge-8925	266	25	united	united	PROPN
ejge-8925	266	26	states	states	PROPN
ejge-8925	266	27	.	.	PUNCT
ejge-8925	267	1	the	the	DET
ejge-8925	267	2	values	value	NOUN
ejge-8925	267	3	of	of	ADP
ejge-8925	267	4	the	the	DET
ejge-8925	267	5	long	long	ADV
ejge-8925	267	6	-	-	PUNCT
ejge-8925	267	7	run	run	NOUN
ejge-8925	267	8	coefficients	coefficient	NOUN
ejge-8925	267	9	in	in	ADP
ejge-8925	267	10	table	table	NOUN
ejge-8925	267	11	4	4	NUM
ejge-8925	267	12	above	above	ADV
ejge-8925	267	13	illustrate	illustrate	VERB
ejge-8925	267	14	the	the	DET
ejge-8925	267	15	effect	effect	NOUN
ejge-8925	267	16	of	of	ADP
ejge-8925	267	17	the	the	DET
ejge-8925	267	18	explanatory	explanatory	NOUN
ejge-8925	267	19	on	on	ADP
ejge-8925	267	20	the	the	DET
ejge-8925	267	21	dependent	dependent	ADJ
ejge-8925	267	22	variable	variable	NOUN
ejge-8925	267	23	.	.	PUNCT
ejge-8925	268	1	the	the	DET
ejge-8925	268	2	long	long	ADV
ejge-8925	268	3	-	-	PUNCT
ejge-8925	268	4	run	run	VERB
ejge-8925	268	5	coefficients	coefficient	NOUN
ejge-8925	268	6	proved	prove	VERB
ejge-8925	268	7	to	to	PART
ejge-8925	268	8	be	be	AUX
ejge-8925	268	9	statistically	statistically	ADV
ejge-8925	268	10	significant	significant	ADJ
ejge-8925	268	11	at	at	ADP
ejge-8925	268	12	levels	level	NOUN
ejge-8925	268	13	less	less	ADJ
ejge-8925	268	14	than	than	ADP
ejge-8925	268	15	1	1	NUM
ejge-8925	268	16	%	%	NOUN
ejge-8925	268	17	.	.	PUNCT
ejge-8925	269	1	all	all	PRON
ejge-8925	269	2	of	of	ADP
ejge-8925	269	3	them	they	PRON
ejge-8925	269	4	are	be	AUX
ejge-8925	269	5	shown	show	VERB
ejge-8925	269	6	to	to	PART
ejge-8925	269	7	have	have	VERB
ejge-8925	269	8	the	the	DET
ejge-8925	269	9	anticipated	anticipated	ADJ
ejge-8925	269	10	signs	sign	NOUN
ejge-8925	269	11	:	:	PUNCT
ejge-8925	269	12	the	the	DET
ejge-8925	269	13	us	us	PROPN
ejge-8925	269	14	per	per	ADP
ejge-8925	269	15	capita	capita	X
ejge-8925	269	16	income	income	NOUN
ejge-8925	269	17	ratio	ratio	NOUN
ejge-8925	269	18	over	over	ADP
ejge-8925	269	19	the	the	DET
ejge-8925	269	20	ez	ez	PROPN
ejge-8925	269	21	per	per	ADP
ejge-8925	269	22	capita	capita	X
ejge-8925	269	23	income	income	NOUN
ejge-8925	269	24	influences	influence	VERB
ejge-8925	269	25	the	the	DET
ejge-8925	269	26	cab	cab	NOUN
ejge-8925	269	27	positively	positively	ADV
ejge-8925	269	28	since	since	SCONJ
ejge-8925	269	29	a	a	DET
ejge-8925	269	30	rise	rise	NOUN
ejge-8925	269	31	in	in	ADP
ejge-8925	269	32	the	the	DET
ejge-8925	269	33	gdp	gdp	NOUN
ejge-8925	269	34	per	per	ADP
ejge-8925	269	35	capita	capita	NOUN
ejge-8925	269	36	in	in	ADP
ejge-8925	269	37	the	the	DET
ejge-8925	269	38	ez	ez	PROPN
ejge-8925	269	39	raises	raise	VERB
ejge-8925	269	40	eurozone	eurozone	NOUN
ejge-8925	269	41	imports	import	NOUN
ejge-8925	269	42	from	from	ADP
ejge-8925	269	43	the	the	DET
ejge-8925	269	44	united	united	PROPN
ejge-8925	269	45	states	states	PROPN
ejge-8925	269	46	while	while	SCONJ
ejge-8925	269	47	an	an	DET
ejge-8925	269	48	upsurge	upsurge	NOUN
ejge-8925	269	49	in	in	ADP
ejge-8925	269	50	the	the	DET
ejge-8925	269	51	gdp	gdp	NOUN
ejge-8925	269	52	per	per	ADP
ejge-8925	269	53	capita	capita	NOUN
ejge-8925	269	54	of	of	ADP
ejge-8925	269	55	the	the	DET
ejge-8925	269	56	us	us	PROPN
ejge-8925	269	57	has	have	VERB
ejge-8925	269	58	a	a	DET
ejge-8925	269	59	positive	positive	ADJ
ejge-8925	269	60	impact	impact	NOUN
ejge-8925	269	61	on	on	ADP
ejge-8925	269	62	exports	export	NOUN
ejge-8925	269	63	to	to	ADP
ejge-8925	269	64	the	the	DET
ejge-8925	269	65	united	united	PROPN
ejge-8925	269	66	states	states	PROPN
ejge-8925	269	67	(	(	PUNCT
ejge-8925	269	68	0.033	0.033	NUM
ejge-8925	269	69	)	)	PUNCT
ejge-8925	269	70	.	.	PUNCT
ejge-8925	270	1	nevertheless	nevertheless	ADV
ejge-8925	270	2	,	,	PUNCT
ejge-8925	270	3	the	the	DET
ejge-8925	270	4	longrun	longrun	PROPN
ejge-8925	270	5	coefficient	coefficient	NOUN
ejge-8925	270	6	value	value	NOUN
ejge-8925	270	7	is	be	AUX
ejge-8925	270	8	smaller	small	ADJ
ejge-8925	270	9	than	than	ADP
ejge-8925	270	10	one	one	NUM
ejge-8925	270	11	,	,	PUNCT
ejge-8925	270	12	indicating	indicate	VERB
ejge-8925	270	13	that	that	SCONJ
ejge-8925	270	14	when	when	SCONJ
ejge-8925	270	15	the	the	DET
ejge-8925	270	16	us	us	PROPN
ejge-8925	270	17	per	per	ADP
ejge-8925	270	18	capita	capita	X
ejge-8925	270	19	income	income	NOUN
ejge-8925	270	20	increases	increase	VERB
ejge-8925	270	21	gerassimos	gerassimos	PROPN
ejge-8925	270	22	bertsatos	bertsatos	PROPN
ejge-8925	270	23	/	/	SYM
ejge-8925	270	24	european	european	PROPN
ejge-8925	270	25	journal	journal	PROPN
ejge-8925	270	26	of	of	ADP
ejge-8925	270	27	government	government	NOUN
ejge-8925	270	28	and	and	CCONJ
ejge-8925	270	29	economics	economic	NOUN
ejge-8925	270	30	11(2	11(2	NUM
ejge-8925	270	31	)	)	PUNCT
ejge-8925	270	32	,	,	PUNCT
ejge-8925	270	33	december	december	PROPN
ejge-8925	270	34	2022	2022	NUM
ejge-8925	270	35	,	,	PUNCT
ejge-8925	270	36	141	141	NUM
ejge-8925	270	37	-	-	SYM
ejge-8925	270	38	166	166	NUM
ejge-8925	270	39	154	154	NUM
ejge-8925	270	40	by	by	ADP
ejge-8925	270	41	one	one	NUM
ejge-8925	270	42	ppp	ppp	NOUN
ejge-8925	270	43	unit	unit	NOUN
ejge-8925	270	44	over	over	ADP
ejge-8925	270	45	the	the	DET
ejge-8925	270	46	ez	ez	PROPN
ejge-8925	270	47	per	per	ADP
ejge-8925	270	48	capita	capita	X
ejge-8925	270	49	income	income	NOUN
ejge-8925	270	50	,	,	PUNCT
ejge-8925	270	51	the	the	DET
ejge-8925	270	52	cab	cab	NOUN
ejge-8925	270	53	improves	improve	VERB
ejge-8925	270	54	by	by	ADP
ejge-8925	270	55	0.033	0.033	NUM
ejge-8925	270	56	.	.	PUNCT
ejge-8925	271	1	moreover	moreover	ADV
ejge-8925	271	2	,	,	PUNCT
ejge-8925	271	3	the	the	DET
ejge-8925	271	4	increase	increase	NOUN
ejge-8925	271	5	in	in	ADP
ejge-8925	271	6	competitiveness	competitiveness	NOUN
ejge-8925	271	7	stemming	stem	VERB
ejge-8925	271	8	from	from	ADP
ejge-8925	271	9	a	a	DET
ejge-8925	271	10	real	real	ADJ
ejge-8925	271	11	depreciation	depreciation	NOUN
ejge-8925	271	12	of	of	ADP
ejge-8925	271	13	the	the	DET
ejge-8925	271	14	real	real	ADJ
ejge-8925	271	15	exchange	exchange	NOUN
ejge-8925	271	16	rate	rate	NOUN
ejge-8925	271	17	(	(	PUNCT
ejge-8925	271	18	rer	rer	NOUN
ejge-8925	271	19	)	)	PUNCT
ejge-8925	271	20	(	(	PUNCT
ejge-8925	271	21	2.518	2.518	NUM
ejge-8925	271	22	)	)	PUNCT
ejge-8925	271	23	positively	positively	ADV
ejge-8925	271	24	affects	affect	VERB
ejge-8925	271	25	the	the	DET
ejge-8925	271	26	balance	balance	NOUN
ejge-8925	271	27	of	of	ADP
ejge-8925	271	28	the	the	DET
ejge-8925	271	29	current	current	ADJ
ejge-8925	271	30	account	account	NOUN
ejge-8925	271	31	.	.	PUNCT
ejge-8925	272	1	also	also	ADV
ejge-8925	272	2	,	,	PUNCT
ejge-8925	272	3	the	the	DET
ejge-8925	272	4	real	real	ADJ
ejge-8925	272	5	interest	interest	NOUN
ejge-8925	272	6	rate	rate	NOUN
ejge-8925	272	7	(	(	PUNCT
ejge-8925	272	8	rir	rir	NOUN
ejge-8925	272	9	)	)	PUNCT
ejge-8925	272	10	variable	variable	NOUN
ejge-8925	272	11	has	have	VERB
ejge-8925	272	12	the	the	DET
ejge-8925	272	13	anticipated	anticipate	VERB
ejge-8925	272	14	sign	sign	NOUN
ejge-8925	272	15	and	and	CCONJ
ejge-8925	272	16	positively	positively	ADV
ejge-8925	272	17	affects	affect	VERB
ejge-8925	272	18	cab	cab	NOUN
ejge-8925	272	19	(	(	PUNCT
ejge-8925	272	20	0.486	0.486	NUM
ejge-8925	272	21	)	)	PUNCT
ejge-8925	272	22	in	in	ADP
ejge-8925	272	23	the	the	DET
ejge-8925	272	24	long	long	ADJ
ejge-8925	272	25	run	run	NOUN
ejge-8925	272	26	;	;	PUNCT
ejge-8925	272	27	an	an	DET
ejge-8925	272	28	upsurge	upsurge	NOUN
ejge-8925	272	29	in	in	ADP
ejge-8925	272	30	real	real	ADJ
ejge-8925	272	31	interest	interest	NOUN
ejge-8925	272	32	rates	rate	NOUN
ejge-8925	272	33	reduces	reduce	VERB
ejge-8925	272	34	expenditure	expenditure	NOUN
ejge-8925	272	35	(	(	PUNCT
ejge-8925	272	36	investment	investment	NOUN
ejge-8925	272	37	&	&	CCONJ
ejge-8925	272	38	consumption	consumption	NOUN
ejge-8925	272	39	)	)	PUNCT
ejge-8925	272	40	by	by	ADP
ejge-8925	272	41	increasing	increase	VERB
ejge-8925	272	42	savings	saving	NOUN
ejge-8925	272	43	,	,	PUNCT
ejge-8925	272	44	and	and	CCONJ
ejge-8925	272	45	as	as	ADP
ejge-8925	272	46	a	a	DET
ejge-8925	272	47	result	result	NOUN
ejge-8925	272	48	,	,	PUNCT
ejge-8925	272	49	current	current	ADJ
ejge-8925	272	50	account	account	NOUN
ejge-8925	272	51	deficit	deficit	NOUN
ejge-8925	272	52	decreases	decrease	NOUN
ejge-8925	272	53	or	or	CCONJ
ejge-8925	272	54	current	current	ADJ
ejge-8925	272	55	account	account	NOUN
ejge-8925	272	56	surplus	surplus	NOUN
ejge-8925	272	57	increases	increase	NOUN
ejge-8925	272	58	.	.	PUNCT
ejge-8925	273	1	additionally	additionally	ADV
ejge-8925	273	2	,	,	PUNCT
ejge-8925	273	3	the	the	DET
ejge-8925	273	4	variable	variable	NOUN
ejge-8925	273	5	representing	represent	VERB
ejge-8925	273	6	the	the	DET
ejge-8925	273	7	budget	budget	NOUN
ejge-8925	273	8	deficit	deficit	NOUN
ejge-8925	273	9	(	(	PUNCT
ejge-8925	273	10	bud	bud	NOUN
ejge-8925	273	11	)	)	PUNCT
ejge-8925	273	12	negatively	negatively	ADV
ejge-8925	273	13	affects	affect	VERB
ejge-8925	273	14	the	the	DET
ejge-8925	273	15	cab	cab	NOUN
ejge-8925	273	16	(	(	PUNCT
ejge-8925	273	17	-0.348	-0.348	PROPN
ejge-8925	273	18	)	)	PUNCT
ejge-8925	273	19	since	since	SCONJ
ejge-8925	273	20	an	an	DET
ejge-8925	273	21	increase	increase	NOUN
ejge-8925	273	22	in	in	ADP
ejge-8925	273	23	budget	budget	NOUN
ejge-8925	273	24	deficit	deficit	NOUN
ejge-8925	273	25	decreases	decrease	VERB
ejge-8925	273	26	the	the	DET
ejge-8925	273	27	cab	cab	NOUN
ejge-8925	273	28	variable	variable	NOUN
ejge-8925	273	29	through	through	ADP
ejge-8925	273	30	an	an	DET
ejge-8925	273	31	increase	increase	NOUN
ejge-8925	273	32	in	in	ADP
ejge-8925	273	33	government	government	NOUN
ejge-8925	273	34	expenditures	expenditure	NOUN
ejge-8925	273	35	.	.	PUNCT
ejge-8925	274	1	finally	finally	ADV
ejge-8925	274	2	,	,	PUNCT
ejge-8925	274	3	the	the	DET
ejge-8925	274	4	effect	effect	NOUN
ejge-8925	274	5	of	of	ADP
ejge-8925	274	6	erv	erv	X
ejge-8925	274	7	on	on	ADP
ejge-8925	274	8	the	the	DET
ejge-8925	274	9	cab	cab	NOUN
ejge-8925	274	10	is	be	AUX
ejge-8925	274	11	positive	positive	ADJ
ejge-8925	274	12	(	(	PUNCT
ejge-8925	274	13	7.551	7.551	NUM
ejge-8925	274	14	)	)	PUNCT
ejge-8925	274	15	for	for	ADP
ejge-8925	274	16	the	the	DET
ejge-8925	274	17	eurozone	eurozone	NOUN
ejge-8925	274	18	countries	country	NOUN
ejge-8925	274	19	,	,	PUNCT
ejge-8925	274	20	indicating	indicate	VERB
ejge-8925	274	21	that	that	SCONJ
ejge-8925	274	22	erv	erv	PROPN
ejge-8925	274	23	affects	affect	VERB
ejge-8925	274	24	the	the	DET
ejge-8925	274	25	actions	action	NOUN
ejge-8925	274	26	of	of	ADP
ejge-8925	274	27	the	the	DET
ejge-8925	274	28	domestic	domestic	ADJ
ejge-8925	274	29	agents	agent	NOUN
ejge-8925	274	30	i.e.	i.e.	X
ejge-8925	274	31	,	,	PUNCT
ejge-8925	274	32	exporters	exporter	NOUN
ejge-8925	274	33	in	in	ADP
ejge-8925	274	34	the	the	DET
ejge-8925	274	35	eurozone	eurozone	NOUN
ejge-8925	274	36	are	be	AUX
ejge-8925	274	37	more	more	ADJ
ejge-8925	274	38	risk	risk	NOUN
ejge-8925	274	39	-	-	PUNCT
ejge-8925	274	40	loving	loving	ADJ
ejge-8925	274	41	than	than	ADP
ejge-8925	274	42	importers	importer	NOUN
ejge-8925	274	43	and	and	CCONJ
ejge-8925	274	44	they	they	PRON
ejge-8925	274	45	see	see	VERB
ejge-8925	274	46	erv	erv	INTJ
ejge-8925	274	47	as	as	ADP
ejge-8925	274	48	an	an	DET
ejge-8925	274	49	opportunity	opportunity	NOUN
ejge-8925	274	50	for	for	ADP
ejge-8925	274	51	speculated	speculate	VERB
ejge-8925	274	52	profit	profit	NOUN
ejge-8925	274	53	.	.	PUNCT
ejge-8925	275	1	by	by	ADP
ejge-8925	275	2	examining	examine	VERB
ejge-8925	275	3	the	the	DET
ejge-8925	275	4	short	short	ADJ
ejge-8925	275	5	-	-	PUNCT
ejge-8925	275	6	run	run	NOUN
ejge-8925	275	7	coefficients	coefficient	NOUN
ejge-8925	275	8	,	,	PUNCT
ejge-8925	275	9	the	the	DET
ejge-8925	275	10	gdp	gdp	NOUN
ejge-8925	275	11	variable	variable	NOUN
ejge-8925	275	12	does	do	AUX
ejge-8925	275	13	not	not	PART
ejge-8925	275	14	affect	affect	VERB
ejge-8925	275	15	the	the	DET
ejge-8925	275	16	cab	cab	NOUN
ejge-8925	275	17	in	in	ADP
ejge-8925	275	18	any	any	PRON
ejge-8925	275	19	of	of	ADP
ejge-8925	275	20	the	the	DET
ejge-8925	275	21	time	time	NOUN
ejge-8925	275	22	lags	lag	VERB
ejge-8925	275	23	,	,	PUNCT
ejge-8925	275	24	meaning	mean	VERB
ejge-8925	275	25	that	that	SCONJ
ejge-8925	275	26	domestic	domestic	ADJ
ejge-8925	275	27	agents	agent	NOUN
ejge-8925	275	28	have	have	VERB
ejge-8925	275	29	no	no	DET
ejge-8925	275	30	intention	intention	NOUN
ejge-8925	275	31	to	to	PART
ejge-8925	275	32	spend	spend	VERB
ejge-8925	275	33	on	on	ADP
ejge-8925	275	34	goods	good	NOUN
ejge-8925	275	35	and	and	CCONJ
ejge-8925	275	36	services	service	NOUN
ejge-8925	275	37	among	among	ADP
ejge-8925	275	38	quarters	quarter	NOUN
ejge-8925	275	39	until	until	SCONJ
ejge-8925	275	40	they	they	PRON
ejge-8925	275	41	gather	gather	VERB
ejge-8925	275	42	a	a	DET
ejge-8925	275	43	surplus	surplus	NOUN
ejge-8925	275	44	on	on	ADP
ejge-8925	275	45	their	their	PRON
ejge-8925	275	46	income	income	NOUN
ejge-8925	275	47	.	.	PUNCT
ejge-8925	276	1	at	at	ADP
ejge-8925	276	2	the	the	DET
ejge-8925	276	3	fifth	fifth	ADJ
ejge-8925	276	4	time	time	NOUN
ejge-8925	276	5	lag	lag	PROPN
ejge-8925	276	6	,	,	PUNCT
ejge-8925	276	7	the	the	DET
ejge-8925	276	8	short	short	ADJ
ejge-8925	276	9	-	-	PUNCT
ejge-8925	276	10	run	run	NOUN
ejge-8925	276	11	coefficients	coefficient	NOUN
ejge-8925	276	12	for	for	ADP
ejge-8925	276	13	the	the	DET
ejge-8925	276	14	real	real	ADJ
ejge-8925	276	15	exchange	exchange	NOUN
ejge-8925	276	16	rate	rate	NOUN
ejge-8925	276	17	(	(	PUNCT
ejge-8925	276	18	rer	rer	NOUN
ejge-8925	276	19	)	)	PUNCT
ejge-8925	276	20	become	become	VERB
ejge-8925	276	21	statistically	statistically	ADV
ejge-8925	276	22	significant	significant	ADJ
ejge-8925	276	23	,	,	PUNCT
ejge-8925	276	24	indicating	indicate	VERB
ejge-8925	276	25	that	that	SCONJ
ejge-8925	276	26	the	the	DET
ejge-8925	276	27	price	price	NOUN
ejge-8925	276	28	difference	difference	NOUN
ejge-8925	276	29	between	between	ADP
ejge-8925	276	30	ez	ez	PROPN
ejge-8925	276	31	member	member	NOUN
ejge-8925	276	32	states	state	NOUN
ejge-8925	276	33	and	and	CCONJ
ejge-8925	276	34	the	the	DET
ejge-8925	276	35	us	us	PROPN
ejge-8925	276	36	has	have	VERB
ejge-8925	276	37	an	an	DET
ejge-8925	276	38	impact	impact	NOUN
ejge-8925	276	39	on	on	ADP
ejge-8925	276	40	the	the	DET
ejge-8925	276	41	cab	cab	NOUN
ejge-8925	276	42	after	after	ADP
ejge-8925	276	43	5	5	NUM
ejge-8925	276	44	quarters	quarter	NOUN
ejge-8925	276	45	.	.	PUNCT
ejge-8925	277	1	moreover	moreover	ADV
ejge-8925	277	2	,	,	PUNCT
ejge-8925	277	3	the	the	DET
ejge-8925	277	4	real	real	ADJ
ejge-8925	277	5	interest	interest	NOUN
ejge-8925	277	6	rate	rate	NOUN
ejge-8925	277	7	(	(	PUNCT
ejge-8925	277	8	rir	rir	NOUN
ejge-8925	277	9	)	)	PUNCT
ejge-8925	277	10	in	in	ADP
ejge-8925	277	11	the	the	DET
ejge-8925	277	12	short	short	ADJ
ejge-8925	277	13	run	run	NOUN
ejge-8925	277	14	does	do	AUX
ejge-8925	277	15	not	not	PART
ejge-8925	277	16	affect	affect	VERB
ejge-8925	277	17	the	the	DET
ejge-8925	277	18	cab	cab	NOUN
ejge-8925	277	19	since	since	SCONJ
ejge-8925	277	20	it	it	PRON
ejge-8925	277	21	can	can	AUX
ejge-8925	277	22	not	not	PART
ejge-8925	277	23	reduce	reduce	VERB
ejge-8925	277	24	investment	investment	NOUN
ejge-8925	277	25	and	and	CCONJ
ejge-8925	277	26	increase	increase	VERB
ejge-8925	277	27	savings	saving	NOUN
ejge-8925	277	28	and	and	CCONJ
ejge-8925	277	29	eventually	eventually	ADV
ejge-8925	277	30	can	can	AUX
ejge-8925	277	31	not	not	PART
ejge-8925	277	32	lead	lead	VERB
ejge-8925	277	33	to	to	ADP
ejge-8925	277	34	a	a	DET
ejge-8925	277	35	cab	cab	NOUN
ejge-8925	277	36	improvement	improvement	NOUN
ejge-8925	277	37	.	.	PUNCT
ejge-8925	278	1	the	the	DET
ejge-8925	278	2	variable	variable	NOUN
ejge-8925	278	3	of	of	ADP
ejge-8925	278	4	budget	budget	NOUN
ejge-8925	278	5	deficit	deficit	NOUN
ejge-8925	278	6	(	(	PUNCT
ejge-8925	278	7	bud	bud	NOUN
ejge-8925	278	8	)	)	PUNCT
ejge-8925	278	9	also	also	ADV
ejge-8925	278	10	has	have	VERB
ejge-8925	278	11	no	no	DET
ejge-8925	278	12	impact	impact	NOUN
ejge-8925	278	13	on	on	ADP
ejge-8925	278	14	the	the	DET
ejge-8925	278	15	balance	balance	NOUN
ejge-8925	278	16	of	of	ADP
ejge-8925	278	17	the	the	DET
ejge-8925	278	18	current	current	ADJ
ejge-8925	278	19	account	account	NOUN
ejge-8925	278	20	in	in	ADP
ejge-8925	278	21	the	the	DET
ejge-8925	278	22	short	short	ADJ
ejge-8925	278	23	run	run	NOUN
ejge-8925	278	24	,	,	PUNCT
ejge-8925	278	25	indicating	indicate	VERB
ejge-8925	278	26	that	that	SCONJ
ejge-8925	278	27	the	the	DET
ejge-8925	278	28	results	result	NOUN
ejge-8925	278	29	adopt	adopt	VERB
ejge-8925	278	30	the	the	DET
ejge-8925	278	31	ricardian	ricardian	ADJ
ejge-8925	278	32	equivalence	equivalence	NOUN
ejge-8925	278	33	hypothesis	hypothesis	NOUN
ejge-8925	278	34	in	in	ADP
ejge-8925	278	35	the	the	DET
ejge-8925	278	36	short	short	ADJ
ejge-8925	278	37	run	run	NOUN
ejge-8925	278	38	,	,	PUNCT
ejge-8925	278	39	in	in	ADP
ejge-8925	278	40	which	which	PRON
ejge-8925	278	41	the	the	DET
ejge-8925	278	42	current	current	ADJ
ejge-8925	278	43	account	account	NOUN
ejge-8925	278	44	deficit	deficit	NOUN
ejge-8925	278	45	and	and	CCONJ
ejge-8925	278	46	the	the	DET
ejge-8925	278	47	budget	budget	NOUN
ejge-8925	278	48	deficit	deficit	NOUN
ejge-8925	278	49	are	be	AUX
ejge-8925	278	50	uncorrelated	uncorrelate	VERB
ejge-8925	278	51	.	.	PUNCT
ejge-8925	279	1	at	at	ADP
ejge-8925	279	2	the	the	DET
ejge-8925	279	3	same	same	ADJ
ejge-8925	279	4	time	time	NOUN
ejge-8925	279	5	,	,	PUNCT
ejge-8925	279	6	this	this	PRON
ejge-8925	279	7	is	be	AUX
ejge-8925	279	8	a	a	DET
ejge-8925	279	9	contradiction	contradiction	NOUN
ejge-8925	279	10	according	accord	VERB
ejge-8925	279	11	to	to	ADP
ejge-8925	279	12	the	the	DET
ejge-8925	279	13	theory	theory	NOUN
ejge-8925	279	14	because	because	SCONJ
ejge-8925	279	15	classical	classical	ADJ
ejge-8925	279	16	economists	economist	NOUN
ejge-8925	279	17	have	have	AUX
ejge-8925	279	18	studied	study	VERB
ejge-8925	279	19	the	the	DET
ejge-8925	279	20	long	long	ADV
ejge-8925	279	21	-	-	PUNCT
ejge-8925	279	22	run	run	NOUN
ejge-8925	279	23	equilibrium	equilibrium	NOUN
ejge-8925	279	24	and	and	CCONJ
ejge-8925	279	25	not	not	PART
ejge-8925	279	26	the	the	DET
ejge-8925	279	27	short	short	ADJ
ejge-8925	279	28	-	-	PUNCT
ejge-8925	279	29	run	run	NOUN
ejge-8925	279	30	.	.	PUNCT
ejge-8925	280	1	besides	besides	SCONJ
ejge-8925	280	2	,	,	PUNCT
ejge-8925	280	3	the	the	DET
ejge-8925	280	4	erv	erv	NOUN
ejge-8925	280	5	does	do	AUX
ejge-8925	280	6	not	not	PART
ejge-8925	280	7	affect	affect	VERB
ejge-8925	280	8	the	the	DET
ejge-8925	280	9	cab	cab	NOUN
ejge-8925	280	10	,	,	PUNCT
ejge-8925	280	11	thus	thus	ADV
ejge-8925	280	12	inference	inference	NOUN
ejge-8925	280	13	of	of	ADP
ejge-8925	280	14	whether	whether	SCONJ
ejge-8925	280	15	the	the	DET
ejge-8925	280	16	exports	export	NOUN
ejge-8925	280	17	are	be	AUX
ejge-8925	280	18	risk	risk	NOUN
ejge-8925	280	19	lovers	lover	NOUN
ejge-8925	280	20	or	or	CCONJ
ejge-8925	280	21	risk	risk	NOUN
ejge-8925	280	22	averters	averter	NOUN
ejge-8925	280	23	can	can	AUX
ejge-8925	280	24	not	not	PART
ejge-8925	280	25	be	be	AUX
ejge-8925	280	26	drawn	draw	VERB
ejge-8925	280	27	.	.	PUNCT
ejge-8925	281	1	this	this	PRON
ejge-8925	281	2	can	can	AUX
ejge-8925	281	3	also	also	ADV
ejge-8925	281	4	indicate	indicate	VERB
ejge-8925	281	5	that	that	SCONJ
ejge-8925	281	6	the	the	DET
ejge-8925	281	7	exporters	exporter	NOUN
ejge-8925	281	8	/	/	SYM
ejge-8925	281	9	importers	importer	NOUN
ejge-8925	281	10	are	be	AUX
ejge-8925	281	11	not	not	PART
ejge-8925	281	12	showing	show	VERB
ejge-8925	281	13	their	their	PRON
ejge-8925	281	14	true	true	ADJ
ejge-8925	281	15	risk	risk	NOUN
ejge-8925	281	16	intentions	intention	NOUN
ejge-8925	281	17	in	in	ADP
ejge-8925	281	18	the	the	DET
ejge-8925	281	19	short	short	ADJ
ejge-8925	281	20	run	run	NOUN
ejge-8925	281	21	.	.	PUNCT
ejge-8925	282	1	to	to	PART
ejge-8925	282	2	assure	assure	VERB
ejge-8925	282	3	the	the	DET
ejge-8925	282	4	robustness	robustness	NOUN
ejge-8925	282	5	of	of	ADP
ejge-8925	282	6	the	the	DET
ejge-8925	282	7	results	result	NOUN
ejge-8925	282	8	,	,	PUNCT
ejge-8925	282	9	robustness	robustness	NOUN
ejge-8925	282	10	analysis	analysis	NOUN
ejge-8925	282	11	has	have	AUX
ejge-8925	282	12	been	be	AUX
ejge-8925	282	13	performed	perform	VERB
ejge-8925	282	14	and	and	CCONJ
ejge-8925	282	15	it	it	PRON
ejge-8925	282	16	can	can	AUX
ejge-8925	282	17	be	be	AUX
ejge-8925	282	18	found	find	VERB
ejge-8925	282	19	in	in	ADP
ejge-8925	282	20	the	the	DET
ejge-8925	282	21	appendix	appendix	NOUN
ejge-8925	282	22	.	.	PUNCT
ejge-8925	283	1	by	by	ADP
ejge-8925	283	2	changing	change	VERB
ejge-8925	283	3	the	the	DET
ejge-8925	283	4	dynamic	dynamic	ADJ
ejge-8925	283	5	specification	specification	NOUN
ejge-8925	283	6	of	of	ADP
ejge-8925	283	7	the	the	DET
ejge-8925	283	8	model	model	NOUN
ejge-8925	283	9	in	in	ADP
ejge-8925	283	10	all	all	PRON
ejge-8925	283	11	cases,4	cases,4	NOUN
ejge-8925	283	12	the	the	DET
ejge-8925	283	13	signs	sign	NOUN
ejge-8925	283	14	and	and	CCONJ
ejge-8925	283	15	the	the	DET
ejge-8925	283	16	level	level	NOUN
ejge-8925	283	17	of	of	ADP
ejge-8925	283	18	statistical	statistical	ADJ
ejge-8925	283	19	significance	significance	NOUN
ejge-8925	283	20	of	of	ADP
ejge-8925	283	21	the	the	DET
ejge-8925	283	22	long	long	ADV
ejge-8925	283	23	-	-	PUNCT
ejge-8925	283	24	run	run	NOUN
ejge-8925	283	25	coefficients	coefficient	NOUN
ejge-8925	283	26	for	for	ADP
ejge-8925	283	27	all	all	DET
ejge-8925	283	28	regressors	regressor	NOUN
ejge-8925	283	29	were	be	AUX
ejge-8925	283	30	the	the	DET
ejge-8925	283	31	same	same	ADJ
ejge-8925	283	32	as	as	ADP
ejge-8925	283	33	in	in	ADP
ejge-8925	283	34	the	the	DET
ejge-8925	283	35	original	original	ADJ
ejge-8925	283	36	model	model	NOUN
ejge-8925	283	37	.	.	PUNCT
ejge-8925	284	1	on	on	ADP
ejge-8925	284	2	the	the	DET
ejge-8925	284	3	other	other	ADJ
ejge-8925	284	4	hand	hand	NOUN
ejge-8925	284	5	,	,	PUNCT
ejge-8925	284	6	the	the	DET
ejge-8925	284	7	short	short	ADJ
ejge-8925	284	8	-	-	PUNCT
ejge-8925	284	9	run	run	NOUN
ejge-8925	284	10	coefficients	coefficient	NOUN
ejge-8925	284	11	proved	prove	VERB
ejge-8925	284	12	to	to	PART
ejge-8925	284	13	be	be	AUX
ejge-8925	284	14	nonstatistically	nonstatistically	ADV
ejge-8925	284	15	significant	significant	ADJ
ejge-8925	284	16	(	(	PUNCT
ejge-8925	284	17	along	along	ADP
ejge-8925	284	18	with	with	ADP
ejge-8925	284	19	the	the	DET
ejge-8925	284	20	hausman	hausman	ADJ
ejge-8925	284	21	test	test	NOUN
ejge-8925	284	22	)	)	PUNCT
ejge-8925	284	23	in	in	ADP
ejge-8925	284	24	all	all	DET
ejge-8925	284	25	cases	case	NOUN
ejge-8925	284	26	except	except	SCONJ
ejge-8925	284	27	for	for	ADP
ejge-8925	284	28	the	the	DET
ejge-8925	284	29	specification	specification	NOUN
ejge-8925	284	30	,	,	PUNCT
ejge-8925	284	31	ardl	ardl	NOUN
ejge-8925	284	32	(	(	PUNCT
ejge-8925	284	33	1,5,4,4,3,3	1,5,4,4,3,3	NUM
ejge-8925	284	34	)	)	PUNCT
ejge-8925	284	35	,	,	PUNCT
ejge-8925	284	36	where	where	SCONJ
ejge-8925	284	37	the	the	DET
ejge-8925	284	38	estimated	estimate	VERB
ejge-8925	284	39	coefficient	coefficient	NOUN
ejge-8925	284	40	for	for	ADP
ejge-8925	284	41	real	real	ADJ
ejge-8925	284	42	exchange	exchange	NOUN
ejge-8925	284	43	rate	rate	NOUN
ejge-8925	284	44	is	be	AUX
ejge-8925	284	45	statistically	statistically	ADV
ejge-8925	284	46	significant	significant	ADJ
ejge-8925	284	47	in	in	ADP
ejge-8925	284	48	the	the	DET
ejge-8925	284	49	fifth	fifth	ADJ
ejge-8925	284	50	time	time	NOUN
ejge-8925	284	51	lag	lag	NOUN
ejge-8925	284	52	,	,	PUNCT
ejge-8925	284	53	as	as	SCONJ
ejge-8925	284	54	it	it	PRON
ejge-8925	284	55	is	be	AUX
ejge-8925	284	56	in	in	ADP
ejge-8925	284	57	the	the	DET
ejge-8925	284	58	original	original	ADJ
ejge-8925	284	59	model	model	NOUN
ejge-8925	284	60	.	.	PUNCT
ejge-8925	285	1	furthermore	furthermore	ADV
ejge-8925	285	2	,	,	PUNCT
ejge-8925	285	3	the	the	DET
ejge-8925	285	4	value	value	NOUN
ejge-8925	285	5	of	of	ADP
ejge-8925	285	6	coefficients	coefficient	NOUN
ejge-8925	285	7	does	do	AUX
ejge-8925	285	8	not	not	PART
ejge-8925	285	9	deviate	deviate	VERB
ejge-8925	285	10	significantly	significantly	ADV
ejge-8925	285	11	from	from	ADP
ejge-8925	285	12	those	those	PRON
ejge-8925	285	13	shown	show	VERB
ejge-8925	285	14	in	in	ADP
ejge-8925	285	15	table	table	NOUN
ejge-8925	285	16	4	4	NUM
ejge-8925	285	17	during	during	ADP
ejge-8925	285	18	the	the	DET
ejge-8925	285	19	robustness	robustness	NOUN
ejge-8925	285	20	tests	test	NOUN
ejge-8925	285	21	.	.	PUNCT
ejge-8925	286	1	ultimately	ultimately	ADV
ejge-8925	286	2	,	,	PUNCT
ejge-8925	286	3	for	for	ADP
ejge-8925	286	4	reasons	reason	NOUN
ejge-8925	286	5	of	of	ADP
ejge-8925	286	6	completeness	completeness	NOUN
ejge-8925	286	7	,	,	PUNCT
ejge-8925	286	8	a	a	DET
ejge-8925	286	9	ramsey	ramsey	PROPN
ejge-8925	286	10	rest	rest	NOUN
ejge-8925	286	11	test	test	NOUN
ejge-8925	286	12	has	have	AUX
ejge-8925	286	13	been	be	AUX
ejge-8925	286	14	performed	perform	VERB
ejge-8925	286	15	,	,	PUNCT
ejge-8925	286	16	accounting	account	VERB
ejge-8925	286	17	for	for	ADP
ejge-8925	286	18	omitted	omit	VERB
ejge-8925	286	19	variable	variable	ADJ
ejge-8925	286	20	bias	bias	NOUN
ejge-8925	286	21	and	and	CCONJ
ejge-8925	286	22	functional	functional	ADJ
ejge-8925	286	23	misspecification	misspecification	NOUN
ejge-8925	286	24	.	.	PUNCT
ejge-8925	287	1	in	in	ADP
ejge-8925	287	2	the	the	DET
ejge-8925	287	3	reset	reset	NOUN
ejge-8925	287	4	test	test	NOUN
ejge-8925	287	5	,	,	PUNCT
ejge-8925	287	6	the	the	DET
ejge-8925	287	7	null	null	ADJ
ejge-8925	287	8	hypothesis	hypothesis	NOUN
ejge-8925	287	9	that	that	PRON
ejge-8925	287	10	omitted	omit	VERB
ejge-8925	287	11	variable	variable	ADJ
ejge-8925	287	12	bias	bias	NOUN
ejge-8925	287	13	and	and	CCONJ
ejge-8925	287	14	misspecifications	misspecification	NOUN
ejge-8925	287	15	exist	exist	VERB
ejge-8925	287	16	was	be	AUX
ejge-8925	287	17	rejected	reject	VERB
ejge-8925	287	18	(	(	PUNCT
ejge-8925	287	19	table	table	NOUN
ejge-8925	287	20	4	4	NUM
ejge-8925	287	21	and	and	CCONJ
ejge-8925	287	22	the	the	DET
ejge-8925	287	23	appendix	appendix	NOUN
ejge-8925	287	24	)	)	PUNCT
ejge-8925	287	25	.	.	PUNCT
ejge-8925	288	1	4	4	NUM
ejge-8925	288	2	the	the	DET
ejge-8925	288	3	model	model	NOUN
ejge-8925	288	4	originally	originally	ADV
ejge-8925	288	5	used	use	VERB
ejge-8925	288	6	for	for	ADP
ejge-8925	288	7	the	the	DET
ejge-8925	288	8	estimation	estimation	NOUN
ejge-8925	288	9	is	be	AUX
ejge-8925	288	10	an	an	DET
ejge-8925	288	11	ardl(1,5,4,4,3,4	ardl(1,5,4,4,3,4	ADJ
ejge-8925	288	12	)	)	PUNCT
ejge-8925	288	13	and	and	CCONJ
ejge-8925	288	14	its	its	PRON
ejge-8925	288	15	results	result	NOUN
ejge-8925	288	16	are	be	AUX
ejge-8925	288	17	presented	present	VERB
ejge-8925	288	18	in	in	ADP
ejge-8925	288	19	table	table	NOUN
ejge-8925	288	20	4	4	NUM
ejge-8925	288	21	.	.	PUNCT
ejge-8925	289	1	in	in	ADP
ejge-8925	289	2	the	the	DET
ejge-8925	289	3	appendix	appendix	ADJ
ejge-8925	289	4	robustness	robustness	NOUN
ejge-8925	289	5	checks	check	NOUN
ejge-8925	289	6	can	can	AUX
ejge-8925	289	7	be	be	AUX
ejge-8925	289	8	found	find	VERB
ejge-8925	289	9	were	be	AUX
ejge-8925	289	10	the	the	DET
ejge-8925	289	11	specification	specification	NOUN
ejge-8925	289	12	of	of	ADP
ejge-8925	289	13	the	the	DET
ejge-8925	289	14	ardl	ardl	NOUN
ejge-8925	289	15	model	model	NOUN
ejge-8925	289	16	has	have	AUX
ejge-8925	289	17	changed	change	VERB
ejge-8925	289	18	to	to	ADP
ejge-8925	289	19	ardl(1,4,4,4,3,4	ardl(1,4,4,4,3,4	ADJ
ejge-8925	289	20	)	)	PUNCT
ejge-8925	289	21	,	,	PUNCT
ejge-8925	289	22	ardl(1,5,4,4,2,4	ardl(1,5,4,4,2,4	NOUN
ejge-8925	289	23	)	)	PUNCT
ejge-8925	289	24	,	,	PUNCT
ejge-8925	289	25	and	and	CCONJ
ejge-8925	289	26	ardl(1,5,4,4,3,3	ardl(1,5,4,4,3,3	PROPN
ejge-8925	289	27	)	)	PUNCT
ejge-8925	289	28	.	.	PUNCT
ejge-8925	290	1	gerassimos	gerassimos	PROPN
ejge-8925	290	2	bertsatos	bertsatos	PROPN
ejge-8925	290	3	/	/	SYM
ejge-8925	290	4	european	european	PROPN
ejge-8925	290	5	journal	journal	PROPN
ejge-8925	290	6	of	of	ADP
ejge-8925	290	7	government	government	NOUN
ejge-8925	290	8	and	and	CCONJ
ejge-8925	290	9	economics	economic	NOUN
ejge-8925	290	10	11(2	11(2	NUM
ejge-8925	290	11	)	)	PUNCT
ejge-8925	290	12	,	,	PUNCT
ejge-8925	290	13	december	december	PROPN
ejge-8925	290	14	2022	2022	NUM
ejge-8925	290	15	,	,	PUNCT
ejge-8925	290	16	141	141	NUM
ejge-8925	290	17	-	-	SYM
ejge-8925	290	18	166	166	NUM
ejge-8925	290	19	155	155	NUM
ejge-8925	290	20	table	table	NOUN
ejge-8925	290	21	4	4	NUM
ejge-8925	290	22	.	.	PUNCT
ejge-8925	290	23	long	long	ADV
ejge-8925	290	24	-	-	PUNCT
ejge-8925	290	25	run	run	VERB
ejge-8925	290	26	and	and	CCONJ
ejge-8925	290	27	short	short	ADJ
ejge-8925	290	28	-	-	PUNCT
ejge-8925	290	29	run	run	NOUN
ejge-8925	290	30	coefficients	coefficient	NOUN
ejge-8925	290	31	of	of	ADP
ejge-8925	290	32	the	the	DET
ejge-8925	290	33	current	current	ADJ
ejge-8925	290	34	account	account	NOUN
ejge-8925	290	35	balance	balance	NOUN
ejge-8925	290	36	determinants	determinant	NOUN
ejge-8925	290	37	.	.	PUNCT
ejge-8925	291	1	series	series	PROPN
ejge-8925	291	2	coefficient	coefficient	PROPN
ejge-8925	291	3	st	st	PROPN
ejge-8925	291	4	.	.	PROPN
ejge-8925	291	5	error	error	PROPN
ejge-8925	291	6	p	p	NOUN
ejge-8925	291	7	-	-	PUNCT
ejge-8925	291	8	value	value	NOUN
ejge-8925	291	9	long	long	ADJ
ejge-8925	291	10	-	-	PUNCT
ejge-8925	291	11	run	run	VERB
ejge-8925	291	12	coefficients	coefficient	NOUN
ejge-8925	291	13	rer	rer	X
ejge-8925	291	14	2.518	2.518	NUM
ejge-8925	291	15	*	*	PUNCT
ejge-8925	291	16	*	*	PUNCT
ejge-8925	291	17	*	*	NOUN
ejge-8925	291	18	0.899	0.899	NUM
ejge-8925	291	19	0.000	0.000	NUM
ejge-8925	291	20	rir	rir	NOUN
ejge-8925	291	21	0.486	0.486	NUM
ejge-8925	291	22	*	*	PUNCT
ejge-8925	291	23	*	*	PUNCT
ejge-8925	291	24	*	*	PUNCT
ejge-8925	291	25	0.035	0.035	NUM
ejge-8925	291	26	0.000	0.000	NUM
ejge-8925	291	27	bud	bud	NOUN
ejge-8925	291	28	-0.348	-0.348	NOUN
ejge-8925	291	29	*	*	PUNCT
ejge-8925	291	30	*	*	PUNCT
ejge-8925	291	31	*	*	PUNCT
ejge-8925	291	32	0.004	0.004	NUM
ejge-8925	291	33	0.000	0.000	NUM
ejge-8925	291	34	gdp	gdp	NOUN
ejge-8925	291	35	0.033	0.033	NUM
ejge-8925	291	36	*	*	PUNCT
ejge-8925	291	37	*	*	PUNCT
ejge-8925	291	38	*	*	PUNCT
ejge-8925	291	39	0.001	0.001	NUM
ejge-8925	291	40	0.000	0.000	NUM
ejge-8925	291	41	erv	erv	NOUN
ejge-8925	291	42	7.551	7.551	NUM
ejge-8925	291	43	*	*	PUNCT
ejge-8925	291	44	*	*	PUNCT
ejge-8925	291	45	*	*	PUNCT
ejge-8925	291	46	0.405	0.405	NUM
ejge-8925	291	47	0.000	0.000	NUM
ejge-8925	291	48	hausman	hausman	ADJ
ejge-8925	291	49	test	test	NOUN
ejge-8925	291	50	3.91	3.91	NUM
ejge-8925	291	51	0.562	0.562	NUM
ejge-8925	291	52	error	error	NOUN
ejge-8925	291	53	correction	correction	NOUN
ejge-8925	291	54	coef	coef	PROPN
ejge-8925	291	55	.	.	PUNCT
ejge-8925	292	1	(	(	PUNCT
ejge-8925	292	2	φ	φ	NOUN
ejge-8925	292	3	)	)	PUNCT
ejge-8925	293	1	-0.417	-0.417	ADV
ejge-8925	293	2	*	*	PUNCT
ejge-8925	293	3	*	*	PUNCT
ejge-8925	293	4	*	*	PUNCT
ejge-8925	293	5	0.161	0.161	NUM
ejge-8925	293	6	0.010	0.010	NUM
ejge-8925	293	7	short	short	ADJ
ejge-8925	293	8	-	-	PUNCT
ejge-8925	293	9	run	run	NOUN
ejge-8925	293	10	coefficients	coefficient	NOUN
ejge-8925	293	11	δcabt-1	δcabt-1	PRON
ejge-8925	293	12	-0.222	-0.222	NOUN
ejge-8925	293	13	*	*	NOUN
ejge-8925	293	14	*	*	NOUN
ejge-8925	293	15	0.100	0.100	NUM
ejge-8925	293	16	0.028	0.028	NUM
ejge-8925	293	17	δrert	δrert	VERB
ejge-8925	293	18	0.787	0.787	NUM
ejge-8925	293	19	1.860	1.860	NUM
ejge-8925	293	20	0.672	0.672	NUM
ejge-8925	293	21	δrert-1	δrert-1	PROPN
ejge-8925	293	22	-1.195	-1.195	NOUN
ejge-8925	293	23	2.166	2.166	NUM
ejge-8925	293	24	0.581	0.581	NUM
ejge-8925	293	25	δrert-2	δrert-2	NOUN
ejge-8925	293	26	-1.067	-1.067	NUM
ejge-8925	293	27	2.220	2.220	NUM
ejge-8925	293	28	0.628	0.628	NUM
ejge-8925	293	29	δrert-3	δrert-3	NUM
ejge-8925	293	30	-0.758	-0.758	X
ejge-8925	293	31	2.411	2.411	NUM
ejge-8925	293	32	0.753	0.753	NUM
ejge-8925	293	33	δrert-4	δrert-4	PROPN
ejge-8925	293	34	-0.199	-0.199	NUM
ejge-8925	293	35	1.566	1.566	NUM
ejge-8925	293	36	0.899	0.899	NUM
ejge-8925	293	37	δrert-5	δrert-5	NUM
ejge-8925	293	38	2.459	2.459	NUM
ejge-8925	293	39	*	*	NOUN
ejge-8925	293	40	1.226	1.226	NUM
ejge-8925	293	41	0.045	0.045	NUM
ejge-8925	293	42	δrirt	δrirt	NOUN
ejge-8925	293	43	0.008	0.008	NUM
ejge-8925	293	44	0.100	0.100	NUM
ejge-8925	293	45	0.979	0.979	NUM
ejge-8925	293	46	δrirt-1	δrirt-1	NUM
ejge-8925	293	47	-0.008	-0.008	NOUN
ejge-8925	293	48	0.169	0.169	NUM
ejge-8925	293	49	0.600	0.600	NUM
ejge-8925	293	50	δrirt-2	δrirt-2	NUM
ejge-8925	293	51	0.104	0.104	NUM
ejge-8925	293	52	0.192	0.192	NUM
ejge-8925	293	53	0.588	0.588	NUM
ejge-8925	293	54	δrirt-3	δrirt-3	NUM
ejge-8925	293	55	-0.014	-0.014	NOUN
ejge-8925	293	56	0.162	0.162	NUM
ejge-8925	293	57	0.370	0.370	NUM
ejge-8925	293	58	δrirt-4	δrirt-4	CCONJ
ejge-8925	293	59	-0.013	-0.013	PUNCT
ejge-8925	293	60	0.145	0.145	NUM
ejge-8925	293	61	0.365	0.365	NUM
ejge-8925	293	62	δbudt	δbudt	NOUN
ejge-8925	293	63	-0.051	-0.051	NUM
ejge-8925	293	64	0.515	0.515	NUM
ejge-8925	293	65	0.320	0.320	NUM
ejge-8925	293	66	δbudt-1	δbudt-1	NUM
ejge-8925	293	67	-0.039	-0.039	NOUN
ejge-8925	293	68	0.291	0.291	NUM
ejge-8925	293	69	0.179	0.179	NUM
ejge-8925	293	70	δbudt-2	δbudt-2	NOUN
ejge-8925	293	71	-0.574	-0.574	NOUN
ejge-8925	293	72	0.038	0.038	NUM
ejge-8925	293	73	0.140	0.140	NUM
ejge-8925	293	74	δbudt-3	δbudt-3	NUM
ejge-8925	293	75	-0.036	-0.036	NOUN
ejge-8925	293	76	0.031	0.031	NUM
ejge-8925	293	77	0.248	0.248	NUM
ejge-8925	293	78	δbudt-4	δbudt-4	PROPN
ejge-8925	293	79	-0.017	-0.017	ADP
ejge-8925	293	80	0.027	0.027	NUM
ejge-8925	293	81	0.520	0.520	NUM
ejge-8925	293	82	δgdpt	δgdpt	ADV
ejge-8925	293	83	1.673	1.673	NUM
ejge-8925	293	84	4.023	4.023	NUM
ejge-8925	293	85	0.677	0.677	NUM
ejge-8925	293	86	δgdpt-1	δgdpt-1	PROPN
ejge-8925	294	1	5.505	5.505	NUM
ejge-8925	294	2	3.445	3.445	NUM
ejge-8925	294	3	0.110	0.110	NUM
ejge-8925	294	4	δgdpt-2	δgdpt-2	NUM
ejge-8925	294	5	0.940	0.940	NUM
ejge-8925	294	6	2.155	2.155	NUM
ejge-8925	294	7	0.662	0.662	NUM
ejge-8925	294	8	δgdpt-3	δgdpt-3	NUM
ejge-8925	294	9	-1.218	-1.218	NUM
ejge-8925	294	10	2.289	2.289	NUM
ejge-8925	294	11	0.595	0.595	NUM
ejge-8925	294	12	δervt	δervt	NOUN
ejge-8925	294	13	-9.740	-9.740	ADP
ejge-8925	294	14	9.251	9.251	NUM
ejge-8925	294	15	0.292	0.292	NUM
ejge-8925	294	16	δervt-1	δervt-1	NUM
ejge-8925	294	17	-1.555	-1.555	PUNCT
ejge-8925	294	18	12.010	12.010	NUM
ejge-8925	294	19	0.897	0.897	NUM
ejge-8925	294	20	δervt-2	δervt-2	PROPN
ejge-8925	294	21	11.256	11.256	NUM
ejge-8925	294	22	10.54	10.54	NUM
ejge-8925	294	23	0.286	0.286	NUM
ejge-8925	294	24	δervt-3	δervt-3	NUM
ejge-8925	294	25	9.567	9.567	NUM
ejge-8925	294	26	13.838	13.838	NUM
ejge-8925	294	27	0.489	0.489	NUM
ejge-8925	294	28	δervt-4	δervt-4	NUM
ejge-8925	294	29	-1.095	-1.095	NOUN
ejge-8925	294	30	6.946	6.946	NUM
ejge-8925	294	31	0.875	0.875	NUM
ejge-8925	294	32	s1	s1	NOUN
ejge-8925	294	33	0.436	0.436	NUM
ejge-8925	294	34	0.253	0.253	NUM
ejge-8925	294	35	0.085	0.085	NUM
ejge-8925	294	36	s2	s2	NOUN
ejge-8925	294	37	0.349	0.349	NUM
ejge-8925	294	38	0.355	0.355	NUM
ejge-8925	294	39	0.325	0.325	NUM
ejge-8925	294	40	s3	s3	PROPN
ejge-8925	294	41	0.483	0.483	NUM
ejge-8925	294	42	*	*	PUNCT
ejge-8925	294	43	*	*	NUM
ejge-8925	294	44	0.221	0.221	NUM
ejge-8925	294	45	0.029	0.029	NUM
ejge-8925	294	46	intercept	intercept	NOUN
ejge-8925	294	47	-0.586	-0.586	NOUN
ejge-8925	294	48	*	*	PUNCT
ejge-8925	294	49	*	*	PUNCT
ejge-8925	294	50	*	*	PUNCT
ejge-8925	294	51	0.203	0.203	NUM
ejge-8925	294	52	0.004	0.004	NUM
ejge-8925	294	53	entry	entry	NOUN
ejge-8925	294	54	0.281	0.281	NUM
ejge-8925	294	55	0.201	0.201	NUM
ejge-8925	294	56	0.302	0.302	NUM
ejge-8925	294	57	model	model	NOUN
ejge-8925	294	58	misspecification	misspecification	NOUN
ejge-8925	294	59	test	test	NOUN
ejge-8925	294	60	ramsey	ramsey	PROPN
ejge-8925	294	61	reset	reset	PROPN
ejge-8925	294	62	test	test	NOUN
ejge-8925	294	63	f	f	NOUN
ejge-8925	294	64	-	-	PUNCT
ejge-8925	294	65	statistic	statistic	ADJ
ejge-8925	294	66	0.329	0.329	NUM
ejge-8925	294	67	dynamic	dynamic	ADJ
ejge-8925	294	68	specification	specification	NOUN
ejge-8925	294	69	ardl	ardl	NOUN
ejge-8925	294	70	(	(	PUNCT
ejge-8925	294	71	1,5,4,4,3,4	1,5,4,4,3,4	NUM
ejge-8925	294	72	)	)	PUNCT
ejge-8925	294	73	estimation	estimation	NOUN
ejge-8925	294	74	method	method	NOUN
ejge-8925	294	75	pooled	pool	VERB
ejge-8925	294	76	mean	mean	PROPN
ejge-8925	294	77	group	group	NOUN
ejge-8925	294	78	(	(	PUNCT
ejge-8925	294	79	pmg	pmg	PROPN
ejge-8925	294	80	)	)	PUNCT
ejge-8925	294	81	adjusting	adjust	VERB
ejge-8925	294	82	for	for	ADP
ejge-8925	294	83	country	country	NOUN
ejge-8925	294	84	-	-	PUNCT
ejge-8925	294	85	fixed	fix	VERB
ejge-8925	294	86	effects	effect	NOUN
ejge-8925	294	87	and	and	CCONJ
ejge-8925	294	88	seasonality	seasonality	NOUN
ejge-8925	294	89	number	number	NOUN
ejge-8925	294	90	of	of	ADP
ejge-8925	294	91	countries	country	NOUN
ejge-8925	294	92	19	19	NUM
ejge-8925	294	93	time	time	NOUN
ejge-8925	294	94	period	period	NOUN
ejge-8925	294	95	2008	2008	NUM
ejge-8925	294	96	:	:	PUNCT
ejge-8925	294	97	q1	q1	NOUN
ejge-8925	294	98	-	-	PUNCT
ejge-8925	294	99	2018	2018	NUM
ejge-8925	294	100	:	:	PUNCT
ejge-8925	294	101	q4	q4	X
ejge-8925	294	102	(	(	PUNCT
ejge-8925	294	103	44	44	NUM
ejge-8925	294	104	periods	period	NOUN
ejge-8925	294	105	)	)	PUNCT
ejge-8925	294	106	observations	observation	NOUN
ejge-8925	294	107	836	836	NUM
ejge-8925	294	108	source	source	NOUN
ejge-8925	294	109	.	.	PUNCT
ejge-8925	295	1	author	author	NOUN
ejge-8925	295	2	’s	’s	PART
ejge-8925	295	3	estimation	estimation	NOUN
ejge-8925	295	4	/	/	PUNCT
ejge-8925	296	1	*	*	PUNCT
ejge-8925	296	2	*	*	PUNCT
ejge-8925	296	3	*	*	PUNCT
ejge-8925	296	4	,	,	PUNCT
ejge-8925	296	5	*	*	PUNCT
ejge-8925	296	6	*	*	PUNCT
ejge-8925	296	7	,	,	PUNCT
ejge-8925	296	8	*	*	PUNCT
ejge-8925	296	9	:	:	PUNCT
ejge-8925	296	10	denote	denote	VERB
ejge-8925	296	11	statistical	statistical	ADJ
ejge-8925	296	12	significance	significance	NOUN
ejge-8925	296	13	at	at	ADP
ejge-8925	296	14	1	1	NUM
ejge-8925	296	15	%	%	NOUN
ejge-8925	296	16	,	,	PUNCT
ejge-8925	296	17	5	5	NUM
ejge-8925	296	18	%	%	NOUN
ejge-8925	296	19	and	and	CCONJ
ejge-8925	296	20	10	10	NUM
ejge-8925	296	21	%	%	NOUN
ejge-8925	296	22	,	,	PUNCT
ejge-8925	296	23	correspondingly	correspondingly	ADV
ejge-8925	296	24	.	.	PUNCT
ejge-8925	297	1	gerassimos	gerassimos	PROPN
ejge-8925	297	2	bertsatos	bertsatos	PROPN
ejge-8925	297	3	/	/	SYM
ejge-8925	297	4	european	european	PROPN
ejge-8925	297	5	journal	journal	PROPN
ejge-8925	297	6	of	of	ADP
ejge-8925	297	7	government	government	NOUN
ejge-8925	297	8	and	and	CCONJ
ejge-8925	297	9	economics	economic	NOUN
ejge-8925	297	10	11(2	11(2	NUM
ejge-8925	297	11	)	)	PUNCT
ejge-8925	297	12	,	,	PUNCT
ejge-8925	297	13	december	december	PROPN
ejge-8925	297	14	2022	2022	NUM
ejge-8925	297	15	,	,	PUNCT
ejge-8925	297	16	141	141	NUM
ejge-8925	297	17	-	-	SYM
ejge-8925	297	18	166	166	NUM
ejge-8925	297	19	156	156	NUM
ejge-8925	297	20	5	5	NUM
ejge-8925	297	21	.	.	PUNCT
ejge-8925	298	1	conclusion	conclusion	NOUN
ejge-8925	298	2	and	and	CCONJ
ejge-8925	298	3	policy	policy	NOUN
ejge-8925	298	4	implications	implication	NOUN
ejge-8925	298	5	this	this	DET
ejge-8925	298	6	work	work	NOUN
ejge-8925	298	7	studies	study	NOUN
ejge-8925	298	8	the	the	DET
ejge-8925	298	9	current	current	ADJ
ejge-8925	298	10	account	account	NOUN
ejge-8925	298	11	balance	balance	NOUN
ejge-8925	298	12	of	of	ADP
ejge-8925	298	13	the	the	DET
ejge-8925	298	14	19	19	NUM
ejge-8925	298	15	eurozone	eurozone	NOUN
ejge-8925	298	16	member	member	NOUN
ejge-8925	298	17	states	state	NOUN
ejge-8925	298	18	in	in	ADP
ejge-8925	298	19	the	the	DET
ejge-8925	298	20	bilateral	bilateral	ADJ
ejge-8925	298	21	relationship	relationship	NOUN
ejge-8925	298	22	between	between	ADP
ejge-8925	298	23	them	they	PRON
ejge-8925	298	24	and	and	CCONJ
ejge-8925	298	25	the	the	DET
ejge-8925	298	26	united	united	PROPN
ejge-8925	298	27	states	states	PROPN
ejge-8925	298	28	.	.	PUNCT
ejge-8925	299	1	the	the	DET
ejge-8925	299	2	countries	country	NOUN
ejge-8925	299	3	studied	study	VERB
ejge-8925	299	4	are	be	AUX
ejge-8925	299	5	considered	consider	VERB
ejge-8925	299	6	to	to	PART
ejge-8925	299	7	be	be	AUX
ejge-8925	299	8	the	the	DET
ejge-8925	299	9	most	most	ADV
ejge-8925	299	10	prominent	prominent	ADJ
ejge-8925	299	11	trading	trading	NOUN
ejge-8925	299	12	partners	partner	NOUN
ejge-8925	299	13	in	in	ADP
ejge-8925	299	14	the	the	DET
ejge-8925	299	15	world	world	NOUN
ejge-8925	299	16	.	.	PUNCT
ejge-8925	300	1	quarterly	quarterly	ADJ
ejge-8925	300	2	bilateral	bilateral	ADJ
ejge-8925	300	3	current	current	ADJ
ejge-8925	300	4	account	account	NOUN
ejge-8925	300	5	data	datum	NOUN
ejge-8925	300	6	have	have	AUX
ejge-8925	300	7	been	be	AUX
ejge-8925	300	8	used	use	VERB
ejge-8925	300	9	to	to	PART
ejge-8925	300	10	provide	provide	VERB
ejge-8925	300	11	an	an	DET
ejge-8925	300	12	effective	effective	ADJ
ejge-8925	300	13	governmental	governmental	ADJ
ejge-8925	300	14	policy	policy	NOUN
ejge-8925	300	15	implication	implication	NOUN
ejge-8925	300	16	.	.	PUNCT
ejge-8925	301	1	the	the	DET
ejge-8925	301	2	novelty	novelty	NOUN
ejge-8925	301	3	of	of	ADP
ejge-8925	301	4	this	this	DET
ejge-8925	301	5	work	work	NOUN
ejge-8925	301	6	lies	lie	VERB
ejge-8925	301	7	in	in	ADP
ejge-8925	301	8	the	the	DET
ejge-8925	301	9	fact	fact	NOUN
ejge-8925	301	10	that	that	SCONJ
ejge-8925	301	11	bilateral	bilateral	ADJ
ejge-8925	301	12	current	current	ADJ
ejge-8925	301	13	account	account	NOUN
ejge-8925	301	14	studies	study	NOUN
ejge-8925	301	15	are	be	AUX
ejge-8925	301	16	scarce	scarce	ADJ
ejge-8925	301	17	in	in	ADP
ejge-8925	301	18	literature	literature	NOUN
ejge-8925	301	19	and	and	CCONJ
ejge-8925	301	20	,	,	PUNCT
ejge-8925	301	21	to	to	ADP
ejge-8925	301	22	the	the	DET
ejge-8925	301	23	best	good	ADJ
ejge-8925	301	24	of	of	ADP
ejge-8925	301	25	our	our	PRON
ejge-8925	301	26	knowledge	knowledge	NOUN
ejge-8925	301	27	,	,	PUNCT
ejge-8925	301	28	do	do	AUX
ejge-8925	301	29	not	not	PART
ejge-8925	301	30	exist	exist	VERB
ejge-8925	301	31	for	for	ADP
ejge-8925	301	32	the	the	DET
ejge-8925	301	33	current	current	ADJ
ejge-8925	301	34	account	account	NOUN
ejge-8925	301	35	balance	balance	NOUN
ejge-8925	301	36	of	of	ADP
ejge-8925	301	37	the	the	DET
ejge-8925	301	38	ez	ez	PROPN
ejge-8925	301	39	member	member	NOUN
ejge-8925	301	40	states	state	NOUN
ejge-8925	301	41	vis	vis	X
ejge-8925	301	42	-	-	PUNCT
ejge-8925	301	43	a	a	X
ejge-8925	301	44	-	-	PUNCT
ejge-8925	301	45	vis	vis	X
ejge-8925	301	46	the	the	DET
ejge-8925	301	47	us	us	PROPN
ejge-8925	301	48	.	.	PUNCT
ejge-8925	302	1	the	the	DET
ejge-8925	302	2	determinants	determinant	NOUN
ejge-8925	302	3	of	of	ADP
ejge-8925	302	4	the	the	DET
ejge-8925	302	5	current	current	ADJ
ejge-8925	302	6	account	account	NOUN
ejge-8925	302	7	balance	balance	NOUN
ejge-8925	302	8	in	in	ADP
ejge-8925	302	9	this	this	DET
ejge-8925	302	10	bilateral	bilateral	ADJ
ejge-8925	302	11	relationship	relationship	NOUN
ejge-8925	302	12	are	be	AUX
ejge-8925	302	13	tested	test	VERB
ejge-8925	302	14	over	over	ADP
ejge-8925	302	15	the	the	DET
ejge-8925	302	16	period	period	NOUN
ejge-8925	302	17	2008	2008	NUM
ejge-8925	302	18	-2018	-2018	NOUN
ejge-8925	302	19	using	use	VERB
ejge-8925	302	20	quarterly	quarterly	ADJ
ejge-8925	302	21	data	datum	NOUN
ejge-8925	302	22	(	(	PUNCT
ejge-8925	302	23	2008	2008	NUM
ejge-8925	302	24	:	:	PUNCT
ejge-8925	302	25	q1	q1	NOUN
ejge-8925	302	26	-	-	PUNCT
ejge-8925	302	27	2018	2018	NUM
ejge-8925	302	28	:	:	PUNCT
ejge-8925	302	29	q4	q4	PROPN
ejge-8925	302	30	)	)	PUNCT
ejge-8925	302	31	.	.	PUNCT
ejge-8925	303	1	it	it	PRON
ejge-8925	303	2	is	be	AUX
ejge-8925	303	3	found	find	VERB
ejge-8925	303	4	that	that	SCONJ
ejge-8925	303	5	the	the	DET
ejge-8925	303	6	real	real	ADJ
ejge-8925	303	7	bilateral	bilateral	ADJ
ejge-8925	303	8	exchange	exchange	NOUN
ejge-8925	303	9	rate	rate	NOUN
ejge-8925	303	10	,	,	PUNCT
ejge-8925	303	11	the	the	DET
ejge-8925	303	12	bilateral	bilateral	ADJ
ejge-8925	303	13	real	real	ADJ
ejge-8925	303	14	interest	interest	NOUN
ejge-8925	303	15	rate	rate	NOUN
ejge-8925	303	16	,	,	PUNCT
ejge-8925	303	17	the	the	DET
ejge-8925	303	18	budget	budget	NOUN
ejge-8925	303	19	deficit	deficit	NOUN
ejge-8925	303	20	of	of	ADP
ejge-8925	303	21	the	the	DET
ejge-8925	303	22	eurozone	eurozone	NOUN
ejge-8925	303	23	countries	country	NOUN
ejge-8925	303	24	as	as	ADP
ejge-8925	303	25	a	a	DET
ejge-8925	303	26	percent	percent	NOUN
ejge-8925	303	27	of	of	ADP
ejge-8925	303	28	gdp	gdp	NOUN
ejge-8925	303	29	,	,	PUNCT
ejge-8925	303	30	the	the	DET
ejge-8925	303	31	income	income	NOUN
ejge-8925	303	32	of	of	ADP
ejge-8925	303	33	the	the	DET
ejge-8925	303	34	domestic	domestic	ADJ
ejge-8925	303	35	agents	agent	NOUN
ejge-8925	303	36	,	,	PUNCT
ejge-8925	303	37	and	and	CCONJ
ejge-8925	303	38	the	the	DET
ejge-8925	303	39	exchange	exchange	NOUN
ejge-8925	303	40	rate	rate	NOUN
ejge-8925	303	41	volatility	volatility	NOUN
ejge-8925	303	42	are	be	AUX
ejge-8925	303	43	determinants	determinant	NOUN
ejge-8925	303	44	of	of	ADP
ejge-8925	303	45	the	the	DET
ejge-8925	303	46	bilateral	bilateral	ADJ
ejge-8925	303	47	current	current	ADJ
ejge-8925	303	48	account	account	NOUN
ejge-8925	303	49	balance	balance	NOUN
ejge-8925	303	50	of	of	ADP
ejge-8925	303	51	the	the	DET
ejge-8925	303	52	ez	ez	PROPN
ejge-8925	303	53	vis	vis	X
ejge-8925	303	54	-	-	PUNCT
ejge-8925	303	55	à	à	X
ejge-8925	303	56	-	-	PUNCT
ejge-8925	303	57	vis	vis	X
ejge-8925	303	58	the	the	DET
ejge-8925	303	59	us	us	PROPN
ejge-8925	303	60	in	in	ADP
ejge-8925	303	61	the	the	DET
ejge-8925	303	62	long	long	ADJ
ejge-8925	303	63	run	run	NOUN
ejge-8925	303	64	.	.	PUNCT
ejge-8925	304	1	moreover	moreover	ADV
ejge-8925	304	2	,	,	PUNCT
ejge-8925	304	3	since	since	SCONJ
ejge-8925	304	4	our	our	PRON
ejge-8925	304	5	data	datum	NOUN
ejge-8925	304	6	are	be	AUX
ejge-8925	304	7	seasonally	seasonally	ADV
ejge-8925	304	8	unadjusted	unadjuste	VERB
ejge-8925	304	9	,	,	PUNCT
ejge-8925	304	10	three	three	NUM
ejge-8925	304	11	seasonality	seasonality	NOUN
ejge-8925	304	12	variables	variable	NOUN
ejge-8925	304	13	and	and	CCONJ
ejge-8925	304	14	a	a	DET
ejge-8925	304	15	dummy	dummy	ADJ
ejge-8925	304	16	variable	variable	NOUN
ejge-8925	304	17	maned	maned	ADJ
ejge-8925	304	18	entry	entry	NOUN
ejge-8925	304	19	,	,	PUNCT
ejge-8925	304	20	which	which	PRON
ejge-8925	304	21	represents	represent	VERB
ejge-8925	304	22	the	the	DET
ejge-8925	304	23	year	year	NOUN
ejge-8925	304	24	of	of	ADP
ejge-8925	304	25	the	the	DET
ejge-8925	304	26	entrance	entrance	NOUN
ejge-8925	304	27	of	of	ADP
ejge-8925	304	28	each	each	DET
ejge-8925	304	29	eurozone	eurozone	NOUN
ejge-8925	304	30	country	country	NOUN
ejge-8925	304	31	have	have	AUX
ejge-8925	304	32	been	be	AUX
ejge-8925	304	33	included	include	VERB
ejge-8925	304	34	.	.	PUNCT
ejge-8925	305	1	in	in	ADP
ejge-8925	305	2	terms	term	NOUN
ejge-8925	305	3	of	of	ADP
ejge-8925	305	4	empirical	empirical	ADJ
ejge-8925	305	5	approach	approach	NOUN
ejge-8925	305	6	,	,	PUNCT
ejge-8925	305	7	our	our	PRON
ejge-8925	305	8	study	study	NOUN
ejge-8925	305	9	is	be	AUX
ejge-8925	305	10	based	base	VERB
ejge-8925	305	11	on	on	ADP
ejge-8925	305	12	the	the	DET
ejge-8925	305	13	theory	theory	NOUN
ejge-8925	305	14	of	of	ADP
ejge-8925	305	15	cointegrated	cointegrate	VERB
ejge-8925	305	16	panel	panel	NOUN
ejge-8925	305	17	data	datum	NOUN
ejge-8925	305	18	and	and	CCONJ
ejge-8925	305	19	error	error	NOUN
ejge-8925	305	20	correction	correction	NOUN
ejge-8925	305	21	techniques	technique	NOUN
ejge-8925	305	22	for	for	ADP
ejge-8925	305	23	cointegrated	cointegrate	VERB
ejge-8925	305	24	variables	variable	NOUN
ejge-8925	305	25	utilizing	utilize	VERB
ejge-8925	305	26	the	the	DET
ejge-8925	305	27	pmg	pmg	PROPN
ejge-8925	305	28	method	method	NOUN
ejge-8925	305	29	to	to	PART
ejge-8925	305	30	cointegration	cointegration	VERB
ejge-8925	305	31	.	.	PUNCT
ejge-8925	306	1	empirical	empirical	ADJ
ejge-8925	306	2	findings	finding	NOUN
ejge-8925	306	3	indicate	indicate	VERB
ejge-8925	306	4	that	that	SCONJ
ejge-8925	306	5	all	all	DET
ejge-8925	306	6	the	the	DET
ejge-8925	306	7	long	long	ADV
ejge-8925	306	8	-	-	PUNCT
ejge-8925	306	9	run	run	VERB
ejge-8925	306	10	coefficients	coefficient	NOUN
ejge-8925	306	11	proved	prove	VERB
ejge-8925	306	12	to	to	PART
ejge-8925	306	13	be	be	AUX
ejge-8925	306	14	statistically	statistically	ADV
ejge-8925	306	15	significant	significant	ADJ
ejge-8925	306	16	meaning	meaning	NOUN
ejge-8925	306	17	that	that	SCONJ
ejge-8925	306	18	the	the	DET
ejge-8925	306	19	current	current	ADJ
ejge-8925	306	20	account	account	NOUN
ejge-8925	306	21	exhibits	exhibit	VERB
ejge-8925	306	22	a	a	DET
ejge-8925	306	23	cointegrated	cointegrate	VERB
ejge-8925	306	24	relationship	relationship	NOUN
ejge-8925	306	25	along	along	ADP
ejge-8925	306	26	with	with	ADP
ejge-8925	306	27	its	its	PRON
ejge-8925	306	28	determinants	determinant	NOUN
ejge-8925	306	29	and	and	CCONJ
ejge-8925	306	30	they	they	PRON
ejge-8925	306	31	can	can	AUX
ejge-8925	306	32	be	be	AUX
ejge-8925	306	33	used	use	VERB
ejge-8925	306	34	for	for	ADP
ejge-8925	306	35	policy	policy	NOUN
ejge-8925	306	36	implementation	implementation	NOUN
ejge-8925	306	37	.	.	PUNCT
ejge-8925	307	1	in	in	ADP
ejge-8925	307	2	detail	detail	NOUN
ejge-8925	307	3	,	,	PUNCT
ejge-8925	307	4	the	the	DET
ejge-8925	307	5	current	current	ADJ
ejge-8925	307	6	account	account	NOUN
ejge-8925	307	7	has	have	VERB
ejge-8925	307	8	a	a	DET
ejge-8925	307	9	positive	positive	ADJ
ejge-8925	307	10	longrun	longrun	NOUN
ejge-8925	307	11	relationship	relationship	NOUN
ejge-8925	307	12	with	with	ADP
ejge-8925	307	13	the	the	DET
ejge-8925	307	14	real	real	ADJ
ejge-8925	307	15	exchange	exchange	NOUN
ejge-8925	307	16	rate	rate	NOUN
ejge-8925	307	17	,	,	PUNCT
ejge-8925	307	18	the	the	DET
ejge-8925	307	19	real	real	ADJ
ejge-8925	307	20	interest	interest	NOUN
ejge-8925	307	21	rate	rate	NOUN
ejge-8925	307	22	,	,	PUNCT
ejge-8925	307	23	the	the	DET
ejge-8925	307	24	exchange	exchange	NOUN
ejge-8925	307	25	rate	rate	NOUN
ejge-8925	307	26	volatility	volatility	NOUN
ejge-8925	307	27	,	,	PUNCT
ejge-8925	307	28	the	the	DET
ejge-8925	307	29	gdp	gdp	NOUN
ejge-8925	307	30	per	per	ADP
ejge-8925	307	31	capita	capita	NOUN
ejge-8925	307	32	,	,	PUNCT
ejge-8925	307	33	and	and	CCONJ
ejge-8925	307	34	a	a	DET
ejge-8925	307	35	negative	negative	ADJ
ejge-8925	307	36	relationship	relationship	NOUN
ejge-8925	307	37	with	with	ADP
ejge-8925	307	38	the	the	DET
ejge-8925	307	39	budget	budget	NOUN
ejge-8925	307	40	deficit	deficit	NOUN
ejge-8925	307	41	.	.	PUNCT
ejge-8925	308	1	then	then	ADV
ejge-8925	308	2	again	again	ADV
ejge-8925	308	3	,	,	PUNCT
ejge-8925	308	4	in	in	ADP
ejge-8925	308	5	the	the	DET
ejge-8925	308	6	short	short	ADJ
ejge-8925	308	7	run	run	NOUN
ejge-8925	308	8	,	,	PUNCT
ejge-8925	308	9	only	only	ADV
ejge-8925	308	10	the	the	DET
ejge-8925	308	11	real	real	ADJ
ejge-8925	308	12	exchange	exchange	NOUN
ejge-8925	308	13	rate	rate	NOUN
ejge-8925	308	14	is	be	AUX
ejge-8925	308	15	seen	see	VERB
ejge-8925	308	16	to	to	PART
ejge-8925	308	17	be	be	AUX
ejge-8925	308	18	statistically	statistically	ADV
ejge-8925	308	19	significant	significant	ADJ
ejge-8925	308	20	,	,	PUNCT
ejge-8925	308	21	suggesting	suggest	VERB
ejge-8925	308	22	that	that	SCONJ
ejge-8925	308	23	the	the	DET
ejge-8925	308	24	difference	difference	NOUN
ejge-8925	308	25	in	in	ADP
ejge-8925	308	26	prices	price	NOUN
ejge-8925	308	27	can	can	AUX
ejge-8925	308	28	be	be	AUX
ejge-8925	308	29	used	use	VERB
ejge-8925	308	30	as	as	ADP
ejge-8925	308	31	a	a	DET
ejge-8925	308	32	valid	valid	ADJ
ejge-8925	308	33	instrument	instrument	NOUN
ejge-8925	308	34	for	for	ADP
ejge-8925	308	35	exercising	exercise	VERB
ejge-8925	308	36	economic	economic	ADJ
ejge-8925	308	37	policy	policy	NOUN
ejge-8925	308	38	for	for	ADP
ejge-8925	308	39	short	short	ADJ
ejge-8925	308	40	periods	period	NOUN
ejge-8925	308	41	.	.	PUNCT
ejge-8925	309	1	our	our	PRON
ejge-8925	309	2	conclusion	conclusion	NOUN
ejge-8925	309	3	on	on	ADP
ejge-8925	309	4	the	the	DET
ejge-8925	309	5	current	current	ADJ
ejge-8925	309	6	account	account	NOUN
ejge-8925	309	7	balance	balance	NOUN
ejge-8925	309	8	suggests	suggest	VERB
ejge-8925	309	9	some	some	DET
ejge-8925	309	10	beneficial	beneficial	ADJ
ejge-8925	309	11	policy	policy	NOUN
ejge-8925	309	12	implications	implication	NOUN
ejge-8925	309	13	regarding	regard	VERB
ejge-8925	309	14	both	both	DET
ejge-8925	309	15	counties	county	NOUN
ejge-8925	309	16	.	.	PUNCT
ejge-8925	310	1	the	the	DET
ejge-8925	310	2	policymakers	policymaker	NOUN
ejge-8925	310	3	in	in	ADP
ejge-8925	310	4	both	both	CCONJ
ejge-8925	310	5	the	the	DET
ejge-8925	310	6	eurozone	eurozone	NOUN
ejge-8925	310	7	and	and	CCONJ
ejge-8925	310	8	the	the	DET
ejge-8925	310	9	united	united	PROPN
ejge-8925	310	10	states	states	PROPN
ejge-8925	310	11	can	can	AUX
ejge-8925	310	12	evaluate	evaluate	VERB
ejge-8925	310	13	the	the	DET
ejge-8925	310	14	impact	impact	NOUN
ejge-8925	310	15	of	of	ADP
ejge-8925	310	16	the	the	DET
ejge-8925	310	17	determinants	determinant	NOUN
ejge-8925	310	18	of	of	ADP
ejge-8925	310	19	their	their	PRON
ejge-8925	310	20	policy	policy	NOUN
ejge-8925	310	21	implementation	implementation	NOUN
ejge-8925	310	22	,	,	PUNCT
ejge-8925	310	23	i.e.	i.e.	X
ejge-8925	310	24	,	,	PUNCT
ejge-8925	310	25	by	by	ADP
ejge-8925	310	26	choosing	choose	VERB
ejge-8925	310	27	the	the	DET
ejge-8925	310	28	right	right	ADJ
ejge-8925	310	29	determinants	determinant	NOUN
ejge-8925	310	30	,	,	PUNCT
ejge-8925	310	31	they	they	PRON
ejge-8925	310	32	can	can	AUX
ejge-8925	310	33	prevent	prevent	VERB
ejge-8925	310	34	the	the	DET
ejge-8925	310	35	current	current	ADJ
ejge-8925	310	36	account	account	NOUN
ejge-8925	310	37	from	from	ADP
ejge-8925	310	38	running	run	VERB
ejge-8925	310	39	long	long	ADV
ejge-8925	310	40	-	-	PUNCT
ejge-8925	310	41	lasting	last	VERB
ejge-8925	310	42	deficits	deficit	NOUN
ejge-8925	310	43	.	.	PUNCT
ejge-8925	311	1	the	the	DET
ejge-8925	311	2	pmg	pmg	PROPN
ejge-8925	311	3	method	method	NOUN
ejge-8925	311	4	used	use	VERB
ejge-8925	311	5	in	in	ADP
ejge-8925	311	6	this	this	DET
ejge-8925	311	7	paper	paper	NOUN
ejge-8925	311	8	allows	allow	VERB
ejge-8925	311	9	us	we	PRON
ejge-8925	311	10	to	to	PART
ejge-8925	311	11	draw	draw	VERB
ejge-8925	311	12	inferences	inference	NOUN
ejge-8925	311	13	on	on	ADP
ejge-8925	311	14	policy	policy	NOUN
ejge-8925	311	15	implications	implication	NOUN
ejge-8925	311	16	by	by	ADP
ejge-8925	311	17	evaluating	evaluate	VERB
ejge-8925	311	18	the	the	DET
ejge-8925	311	19	long	long	ADV
ejge-8925	311	20	-	-	PUNCT
ejge-8925	311	21	run	run	VERB
ejge-8925	311	22	and	and	CCONJ
ejge-8925	311	23	short	short	ADJ
ejge-8925	311	24	-	-	PUNCT
ejge-8925	311	25	run	run	NOUN
ejge-8925	311	26	coefficients	coefficient	NOUN
ejge-8925	311	27	.	.	PUNCT
ejge-8925	312	1	in	in	ADP
ejge-8925	312	2	the	the	DET
ejge-8925	312	3	long	long	ADJ
ejge-8925	312	4	run	run	NOUN
ejge-8925	312	5	,	,	PUNCT
ejge-8925	312	6	all	all	DET
ejge-8925	312	7	the	the	DET
ejge-8925	312	8	determinants	determinant	NOUN
ejge-8925	312	9	can	can	AUX
ejge-8925	312	10	be	be	AUX
ejge-8925	312	11	used	use	VERB
ejge-8925	312	12	as	as	ADP
ejge-8925	312	13	instruments	instrument	NOUN
ejge-8925	312	14	for	for	ADP
ejge-8925	312	15	economic	economic	ADJ
ejge-8925	312	16	policy	policy	NOUN
ejge-8925	312	17	.	.	PUNCT
ejge-8925	313	1	more	more	ADV
ejge-8925	313	2	specifically	specifically	ADV
ejge-8925	313	3	,	,	PUNCT
ejge-8925	313	4	the	the	DET
ejge-8925	313	5	value	value	NOUN
ejge-8925	313	6	of	of	ADP
ejge-8925	313	7	the	the	DET
ejge-8925	313	8	estimated	estimate	VERB
ejge-8925	313	9	long	long	ADJ
ejge-8925	313	10	-	-	PUNCT
ejge-8925	313	11	run	run	VERB
ejge-8925	313	12	coefficients	coefficient	NOUN
ejge-8925	313	13	indicates	indicate	VERB
ejge-8925	313	14	that	that	SCONJ
ejge-8925	313	15	the	the	DET
ejge-8925	313	16	current	current	ADJ
ejge-8925	313	17	account	account	NOUN
ejge-8925	313	18	balance	balance	NOUN
ejge-8925	313	19	is	be	AUX
ejge-8925	313	20	very	very	ADV
ejge-8925	313	21	sensitive	sensitive	ADJ
ejge-8925	313	22	to	to	ADP
ejge-8925	313	23	rer	rer	PROPN
ejge-8925	313	24	.	.	PROPN
ejge-8925	313	25	ez	ez	PROPN
ejge-8925	313	26	policymakers	policymaker	NOUN
ejge-8925	313	27	may	may	AUX
ejge-8925	313	28	use	use	VERB
ejge-8925	313	29	this	this	DET
ejge-8925	313	30	result	result	NOUN
ejge-8925	313	31	for	for	ADP
ejge-8925	313	32	boosting	boost	VERB
ejge-8925	313	33	growth	growth	NOUN
ejge-8925	313	34	:	:	PUNCT
ejge-8925	313	35	rer	rer	PROPN
ejge-8925	313	36	is	be	AUX
ejge-8925	313	37	a	a	DET
ejge-8925	313	38	measure	measure	NOUN
ejge-8925	313	39	of	of	ADP
ejge-8925	313	40	ez	ez	PROPN
ejge-8925	313	41	competitiveness	competitiveness	NOUN
ejge-8925	313	42	and	and	CCONJ
ejge-8925	313	43	depends	depend	VERB
ejge-8925	313	44	on	on	ADP
ejge-8925	313	45	nominal	nominal	ADJ
ejge-8925	313	46	er	er	INTJ
ejge-8925	313	47	and	and	CCONJ
ejge-8925	313	48	the	the	DET
ejge-8925	313	49	ratio	ratio	NOUN
ejge-8925	313	50	of	of	ADP
ejge-8925	313	51	the	the	DET
ejge-8925	313	52	price	price	NOUN
ejge-8925	313	53	levels	level	NOUN
ejge-8925	313	54	of	of	ADP
ejge-8925	313	55	ez	ez	PROPN
ejge-8925	313	56	and	and	CCONJ
ejge-8925	313	57	the	the	DET
ejge-8925	313	58	us	us	PROPN
ejge-8925	313	59	.	.	PUNCT
ejge-8925	314	1	nominal	nominal	ADJ
ejge-8925	314	2	exchange	exchange	NOUN
ejge-8925	314	3	rates	rate	NOUN
ejge-8925	314	4	,	,	PUNCT
ejge-8925	314	5	in	in	ADP
ejge-8925	314	6	a	a	DET
ejge-8925	314	7	flexible	flexible	ADJ
ejge-8925	314	8	er	er	INTJ
ejge-8925	314	9	regime	regime	NOUN
ejge-8925	314	10	,	,	PUNCT
ejge-8925	314	11	in	in	ADP
ejge-8925	314	12	the	the	DET
ejge-8925	314	13	long	long	ADJ
ejge-8925	314	14	run	run	NOUN
ejge-8925	314	15	,	,	PUNCT
ejge-8925	314	16	are	be	AUX
ejge-8925	314	17	determined	determine	VERB
ejge-8925	314	18	by	by	ADP
ejge-8925	314	19	the	the	DET
ejge-8925	314	20	fundaments	fundament	NOUN
ejge-8925	314	21	of	of	ADP
ejge-8925	314	22	the	the	DET
ejge-8925	314	23	two	two	NUM
ejge-8925	314	24	economies	economy	NOUN
ejge-8925	314	25	.	.	PUNCT
ejge-8925	315	1	on	on	ADP
ejge-8925	315	2	the	the	DET
ejge-8925	315	3	other	other	ADJ
ejge-8925	315	4	hand	hand	NOUN
ejge-8925	315	5	,	,	PUNCT
ejge-8925	315	6	price	price	NOUN
ejge-8925	315	7	levels	level	NOUN
ejge-8925	315	8	can	can	AUX
ejge-8925	315	9	be	be	AUX
ejge-8925	315	10	affected	affect	VERB
ejge-8925	315	11	by	by	ADP
ejge-8925	315	12	economic	economic	ADJ
ejge-8925	315	13	policy	policy	NOUN
ejge-8925	315	14	.	.	PUNCT
ejge-8925	316	1	by	by	ADP
ejge-8925	316	2	keeping	keep	VERB
ejge-8925	316	3	the	the	DET
ejge-8925	316	4	level	level	NOUN
ejge-8925	316	5	of	of	ADP
ejge-8925	316	6	prices	price	NOUN
ejge-8925	316	7	in	in	ADP
ejge-8925	316	8	the	the	DET
ejge-8925	316	9	ez	ez	PROPN
ejge-8925	316	10	at	at	ADP
ejge-8925	316	11	a	a	DET
ejge-8925	316	12	lower	low	ADJ
ejge-8925	316	13	level	level	NOUN
ejge-8925	316	14	than	than	ADP
ejge-8925	316	15	that	that	PRON
ejge-8925	316	16	in	in	ADP
ejge-8925	316	17	the	the	DET
ejge-8925	316	18	us	us	PROPN
ejge-8925	316	19	i.e.	i.e.	X
ejge-8925	316	20	by	by	ADP
ejge-8925	316	21	adopting	adopt	VERB
ejge-8925	316	22	anti	anti	ADJ
ejge-8925	316	23	-	-	ADJ
ejge-8925	316	24	inflationary	inflationary	ADJ
ejge-8925	316	25	policies	policy	NOUN
ejge-8925	316	26	ez	ez	NOUN
ejge-8925	316	27	competitiveness	competitiveness	NOUN
ejge-8925	316	28	increases	increase	NOUN
ejge-8925	316	29	and	and	CCONJ
ejge-8925	316	30	that	that	PRON
ejge-8925	316	31	will	will	AUX
ejge-8925	316	32	boost	boost	VERB
ejge-8925	316	33	cab	cab	NOUN
ejge-8925	316	34	as	as	ADP
ejge-8925	316	35	,	,	PUNCT
ejge-8925	316	36	according	accord	VERB
ejge-8925	316	37	to	to	ADP
ejge-8925	316	38	the	the	DET
ejge-8925	316	39	estimated	estimate	VERB
ejge-8925	316	40	coefficients	coefficient	NOUN
ejge-8925	316	41	,	,	PUNCT
ejge-8925	316	42	a	a	DET
ejge-8925	316	43	unit	unit	NOUN
ejge-8925	316	44	increase	increase	NOUN
ejge-8925	316	45	in	in	ADP
ejge-8925	316	46	competitiveness	competitiveness	NOUN
ejge-8925	316	47	will	will	AUX
ejge-8925	316	48	improve	improve	VERB
ejge-8925	316	49	cab	cab	NOUN
ejge-8925	316	50	by	by	ADP
ejge-8925	316	51	approximately	approximately	ADV
ejge-8925	316	52	2.5	2.5	NUM
ejge-8925	316	53	units	unit	NOUN
ejge-8925	316	54	,	,	PUNCT
ejge-8925	316	55	ceteris	ceteris	NOUN
ejge-8925	316	56	paribus	paribus	NOUN
ejge-8925	316	57	.	.	PUNCT
ejge-8925	317	1	gerassimos	gerassimos	PROPN
ejge-8925	317	2	bertsatos	bertsatos	PROPN
ejge-8925	317	3	/	/	SYM
ejge-8925	317	4	european	european	PROPN
ejge-8925	317	5	journal	journal	PROPN
ejge-8925	317	6	of	of	ADP
ejge-8925	317	7	government	government	NOUN
ejge-8925	317	8	and	and	CCONJ
ejge-8925	317	9	economics	economic	NOUN
ejge-8925	317	10	11(2	11(2	NUM
ejge-8925	317	11	)	)	PUNCT
ejge-8925	317	12	,	,	PUNCT
ejge-8925	317	13	december	december	PROPN
ejge-8925	317	14	2022	2022	NUM
ejge-8925	317	15	,	,	PUNCT
ejge-8925	317	16	141	141	NUM
ejge-8925	317	17	-	-	SYM
ejge-8925	317	18	166	166	NUM
ejge-8925	317	19	157	157	NUM
ejge-8925	317	20	additionally	additionally	ADV
ejge-8925	317	21	,	,	PUNCT
ejge-8925	317	22	the	the	DET
ejge-8925	317	23	estimated	estimate	VERB
ejge-8925	317	24	coefficient	coefficient	NOUN
ejge-8925	317	25	of	of	ADP
ejge-8925	317	26	the	the	DET
ejge-8925	317	27	real	real	ADJ
ejge-8925	317	28	interest	interest	NOUN
ejge-8925	317	29	rate	rate	NOUN
ejge-8925	317	30	variable	variable	NOUN
ejge-8925	317	31	shows	show	VERB
ejge-8925	317	32	that	that	SCONJ
ejge-8925	317	33	in	in	ADP
ejge-8925	317	34	the	the	DET
ejge-8925	317	35	case	case	NOUN
ejge-8925	317	36	where	where	SCONJ
ejge-8925	317	37	ez	ez	PROPN
ejge-8925	317	38	policymakers	policymaker	NOUN
ejge-8925	317	39	increase	increase	VERB
ejge-8925	317	40	interest	interest	NOUN
ejge-8925	317	41	rates	rate	NOUN
ejge-8925	317	42	to	to	PART
ejge-8925	317	43	bring	bring	VERB
ejge-8925	317	44	down	down	ADP
ejge-8925	317	45	inflation	inflation	NOUN
ejge-8925	317	46	,	,	PUNCT
ejge-8925	317	47	this	this	DET
ejge-8925	317	48	action	action	NOUN
ejge-8925	317	49	will	will	AUX
ejge-8925	317	50	make	make	VERB
ejge-8925	317	51	the	the	DET
ejge-8925	317	52	price	price	NOUN
ejge-8925	317	53	of	of	ADP
ejge-8925	317	54	exports	export	NOUN
ejge-8925	317	55	relatively	relatively	ADV
ejge-8925	317	56	competitive	competitive	ADJ
ejge-8925	317	57	,	,	PUNCT
ejge-8925	317	58	and	and	CCONJ
ejge-8925	317	59	as	as	ADP
ejge-8925	317	60	a	a	DET
ejge-8925	317	61	result	result	NOUN
ejge-8925	317	62	,	,	PUNCT
ejge-8925	317	63	exports	export	NOUN
ejge-8925	317	64	will	will	AUX
ejge-8925	317	65	increase	increase	VERB
ejge-8925	317	66	.	.	PUNCT
ejge-8925	318	1	even	even	ADV
ejge-8925	318	2	though	though	SCONJ
ejge-8925	318	3	an	an	DET
ejge-8925	318	4	increase	increase	NOUN
ejge-8925	318	5	in	in	ADP
ejge-8925	318	6	interest	interest	NOUN
ejge-8925	318	7	rates	rate	NOUN
ejge-8925	318	8	by	by	ADP
ejge-8925	318	9	the	the	DET
ejge-8925	318	10	ez	ez	PROPN
ejge-8925	318	11	leads	lead	VERB
ejge-8925	318	12	to	to	ADP
ejge-8925	318	13	an	an	DET
ejge-8925	318	14	appreciation	appreciation	NOUN
ejge-8925	318	15	of	of	ADP
ejge-8925	318	16	the	the	DET
ejge-8925	318	17	euro	euro	NOUN
ejge-8925	318	18	currency	currency	NOUN
ejge-8925	318	19	as	as	ADP
ejge-8925	318	20	demand	demand	NOUN
ejge-8925	318	21	for	for	ADP
ejge-8925	318	22	the	the	DET
ejge-8925	318	23	euro	euro	NOUN
ejge-8925	318	24	increases	increase	NOUN
ejge-8925	318	25	compared	compare	VERB
ejge-8925	318	26	to	to	ADP
ejge-8925	318	27	the	the	DET
ejge-8925	318	28	us	us	PROPN
ejge-8925	318	29	dollar	dollar	NOUN
ejge-8925	318	30	,	,	PUNCT
ejge-8925	318	31	the	the	DET
ejge-8925	318	32	price	price	NOUN
ejge-8925	318	33	of	of	ADP
ejge-8925	318	34	exports	export	NOUN
ejge-8925	318	35	also	also	ADV
ejge-8925	318	36	increases	increase	VERB
ejge-8925	318	37	resulting	result	VERB
ejge-8925	318	38	in	in	ADP
ejge-8925	318	39	a	a	DET
ejge-8925	318	40	relatively	relatively	ADV
ejge-8925	318	41	small	small	ADJ
ejge-8925	318	42	value	value	NOUN
ejge-8925	318	43	of	of	ADP
ejge-8925	318	44	the	the	DET
ejge-8925	318	45	estimated	estimate	VERB
ejge-8925	318	46	long	long	ADJ
ejge-8925	318	47	-	-	PUNCT
ejge-8925	318	48	run	run	NOUN
ejge-8925	318	49	coefficient	coefficient	NOUN
ejge-8925	318	50	(	(	PUNCT
ejge-8925	318	51	0.48	0.48	NUM
ejge-8925	318	52	)	)	PUNCT
ejge-8925	318	53	.	.	PUNCT
ejge-8925	319	1	moreover	moreover	ADV
ejge-8925	319	2	,	,	PUNCT
ejge-8925	319	3	the	the	DET
ejge-8925	319	4	decision	decision	NOUN
ejge-8925	319	5	to	to	PART
ejge-8925	319	6	increase	increase	VERB
ejge-8925	319	7	government	government	NOUN
ejge-8925	319	8	expenditure	expenditure	NOUN
ejge-8925	319	9	by	by	ADP
ejge-8925	319	10	policymakers	policymaker	NOUN
ejge-8925	319	11	,	,	PUNCT
ejge-8925	319	12	most	most	ADJ
ejge-8925	319	13	of	of	ADP
ejge-8925	319	14	the	the	DET
ejge-8925	319	15	time	time	NOUN
ejge-8925	319	16	,	,	PUNCT
ejge-8925	319	17	results	result	VERB
ejge-8925	319	18	in	in	ADP
ejge-8925	319	19	budget	budget	NOUN
ejge-8925	319	20	deficits	deficit	NOUN
ejge-8925	319	21	.	.	PUNCT
ejge-8925	320	1	government	government	NOUN
ejge-8925	320	2	expenditures	expenditure	NOUN
ejge-8925	320	3	are	be	AUX
ejge-8925	320	4	increased	increase	VERB
ejge-8925	320	5	in	in	ADP
ejge-8925	320	6	recession	recession	NOUN
ejge-8925	320	7	periods	period	NOUN
ejge-8925	320	8	since	since	SCONJ
ejge-8925	320	9	they	they	PRON
ejge-8925	320	10	are	be	AUX
ejge-8925	320	11	subject	subject	ADJ
ejge-8925	320	12	to	to	ADP
ejge-8925	320	13	countercyclical	countercyclical	ADJ
ejge-8925	320	14	policy	policy	NOUN
ejge-8925	320	15	.	.	PUNCT
ejge-8925	321	1	as	as	ADP
ejge-8925	321	2	a	a	DET
ejge-8925	321	3	result	result	NOUN
ejge-8925	321	4	,	,	PUNCT
ejge-8925	321	5	the	the	DET
ejge-8925	321	6	ez	ez	PROPN
ejge-8925	321	7	should	should	AUX
ejge-8925	321	8	increase	increase	VERB
ejge-8925	321	9	borrowing	borrow	VERB
ejge-8925	321	10	for	for	ADP
ejge-8925	321	11	the	the	DET
ejge-8925	321	12	us	us	PROPN
ejge-8925	321	13	,	,	PUNCT
ejge-8925	321	14	which	which	PRON
ejge-8925	321	15	will	will	AUX
ejge-8925	321	16	have	have	VERB
ejge-8925	321	17	a	a	DET
ejge-8925	321	18	negative	negative	ADJ
ejge-8925	321	19	effect	effect	NOUN
ejge-8925	321	20	on	on	ADP
ejge-8925	321	21	the	the	DET
ejge-8925	321	22	current	current	ADJ
ejge-8925	321	23	account	account	NOUN
ejge-8925	321	24	.	.	PUNCT
ejge-8925	322	1	therefore	therefore	ADV
ejge-8925	322	2	,	,	PUNCT
ejge-8925	322	3	a	a	DET
ejge-8925	322	4	budget	budget	NOUN
ejge-8925	322	5	deficit	deficit	NOUN
ejge-8925	322	6	can	can	AUX
ejge-8925	322	7	lead	lead	VERB
ejge-8925	322	8	to	to	ADP
ejge-8925	322	9	a	a	DET
ejge-8925	322	10	current	current	ADJ
ejge-8925	322	11	account	account	NOUN
ejge-8925	322	12	deficit	deficit	NOUN
ejge-8925	322	13	,	,	PUNCT
ejge-8925	322	14	in	in	ADP
ejge-8925	322	15	the	the	DET
ejge-8925	322	16	long	long	ADJ
ejge-8925	322	17	run	run	NOUN
ejge-8925	322	18	,	,	PUNCT
ejge-8925	322	19	often	often	ADV
ejge-8925	322	20	known	know	VERB
ejge-8925	322	21	as	as	ADP
ejge-8925	322	22	a	a	DET
ejge-8925	322	23	twin	twin	ADJ
ejge-8925	322	24	deficit	deficit	NOUN
ejge-8925	322	25	.	.	PUNCT
ejge-8925	323	1	gdp	gdp	NOUN
ejge-8925	323	2	is	be	AUX
ejge-8925	323	3	a	a	DET
ejge-8925	323	4	tool	tool	NOUN
ejge-8925	323	5	used	use	VERB
ejge-8925	323	6	by	by	ADP
ejge-8925	323	7	policymakers	policymaker	NOUN
ejge-8925	323	8	to	to	PART
ejge-8925	323	9	help	help	VERB
ejge-8925	323	10	assess	assess	VERB
ejge-8925	323	11	the	the	DET
ejge-8925	323	12	economy	economy	NOUN
ejge-8925	323	13	’s	’s	PART
ejge-8925	323	14	well	well	ADV
ejge-8925	323	15	-	-	PUNCT
ejge-8925	323	16	being	being	NOUN
ejge-8925	323	17	and	and	CCONJ
ejge-8925	323	18	to	to	PART
ejge-8925	323	19	make	make	VERB
ejge-8925	323	20	informed	informed	ADJ
ejge-8925	323	21	decisions	decision	NOUN
ejge-8925	323	22	or	or	CCONJ
ejge-8925	323	23	examine	examine	VERB
ejge-8925	323	24	whether	whether	SCONJ
ejge-8925	323	25	the	the	DET
ejge-8925	323	26	economy	economy	NOUN
ejge-8925	323	27	is	be	AUX
ejge-8925	323	28	experiencing	experience	VERB
ejge-8925	323	29	a	a	DET
ejge-8925	323	30	recession	recession	NOUN
ejge-8925	323	31	.	.	PUNCT
ejge-8925	324	1	gdp	gdp	NOUN
ejge-8925	324	2	can	can	AUX
ejge-8925	324	3	also	also	ADV
ejge-8925	324	4	be	be	AUX
ejge-8925	324	5	used	use	VERB
ejge-8925	324	6	as	as	ADP
ejge-8925	324	7	an	an	DET
ejge-8925	324	8	indicator	indicator	NOUN
ejge-8925	324	9	of	of	ADP
ejge-8925	324	10	trade	trade	NOUN
ejge-8925	324	11	surplus	surplus	NOUN
ejge-8925	324	12	or	or	CCONJ
ejge-8925	324	13	deficit	deficit	NOUN
ejge-8925	324	14	.	.	PUNCT
ejge-8925	325	1	finally	finally	ADV
ejge-8925	325	2	,	,	PUNCT
ejge-8925	325	3	if	if	SCONJ
ejge-8925	325	4	policymakers	policymaker	NOUN
ejge-8925	325	5	do	do	AUX
ejge-8925	325	6	not	not	PART
ejge-8925	325	7	fully	fully	ADV
ejge-8925	325	8	anticipate	anticipate	VERB
ejge-8925	325	9	exchange	exchange	NOUN
ejge-8925	325	10	rate	rate	NOUN
ejge-8925	325	11	fluctuations	fluctuation	NOUN
ejge-8925	325	12	,	,	PUNCT
ejge-8925	325	13	an	an	DET
ejge-8925	325	14	increase	increase	NOUN
ejge-8925	325	15	in	in	ADP
ejge-8925	325	16	exchange	exchange	NOUN
ejge-8925	325	17	rate	rate	NOUN
ejge-8925	325	18	volatility	volatility	NOUN
ejge-8925	325	19	,	,	PUNCT
ejge-8925	325	20	which	which	PRON
ejge-8925	325	21	increases	increase	VERB
ejge-8925	325	22	risk	risk	NOUN
ejge-8925	325	23	,	,	PUNCT
ejge-8925	325	24	may	may	AUX
ejge-8925	325	25	lead	lead	VERB
ejge-8925	325	26	risk	risk	NOUN
ejge-8925	325	27	-	-	PUNCT
ejge-8925	325	28	averse	averse	ADJ
ejge-8925	325	29	agents	agent	NOUN
ejge-8925	325	30	to	to	PART
ejge-8925	325	31	curtail	curtail	VERB
ejge-8925	325	32	import	import	NOUN
ejge-8925	325	33	or	or	CCONJ
ejge-8925	325	34	export	export	NOUN
ejge-8925	325	35	activity	activity	NOUN
ejge-8925	325	36	and	and	CCONJ
ejge-8925	325	37	reallocate	reallocate	VERB
ejge-8925	325	38	production	production	NOUN
ejge-8925	325	39	to	to	ADP
ejge-8925	325	40	the	the	DET
ejge-8925	325	41	domestic	domestic	ADJ
ejge-8925	325	42	market	market	NOUN
ejge-8925	325	43	.	.	PUNCT
ejge-8925	326	1	this	this	DET
ejge-8925	326	2	circumstance	circumstance	NOUN
ejge-8925	326	3	creates	create	VERB
ejge-8925	326	4	uncertainty	uncertainty	NOUN
ejge-8925	326	5	in	in	ADP
ejge-8925	326	6	the	the	DET
ejge-8925	326	7	market	market	NOUN
ejge-8925	326	8	,	,	PUNCT
ejge-8925	326	9	which	which	PRON
ejge-8925	326	10	has	have	VERB
ejge-8925	326	11	a	a	DET
ejge-8925	326	12	negative	negative	ADJ
ejge-8925	326	13	effect	effect	NOUN
ejge-8925	326	14	on	on	ADP
ejge-8925	326	15	the	the	DET
ejge-8925	326	16	trade	trade	NOUN
ejge-8925	326	17	balance	balance	NOUN
ejge-8925	326	18	and	and	CCONJ
ejge-8925	326	19	eventually	eventually	ADV
ejge-8925	326	20	on	on	ADP
ejge-8925	326	21	the	the	DET
ejge-8925	326	22	current	current	ADJ
ejge-8925	326	23	account	account	NOUN
ejge-8925	326	24	.	.	PUNCT
ejge-8925	327	1	thus	thus	ADV
ejge-8925	327	2	,	,	PUNCT
ejge-8925	327	3	unexpected	unexpected	ADJ
ejge-8925	327	4	movements	movement	NOUN
ejge-8925	327	5	in	in	ADP
ejge-8925	327	6	the	the	DET
ejge-8925	327	7	exchange	exchange	NOUN
ejge-8925	327	8	rate	rate	NOUN
ejge-8925	327	9	should	should	AUX
ejge-8925	327	10	be	be	AUX
ejge-8925	327	11	monitored	monitor	VERB
ejge-8925	327	12	and	and	CCONJ
ejge-8925	327	13	regulated	regulate	VERB
ejge-8925	327	14	on	on	ADP
ejge-8925	327	15	a	a	DET
ejge-8925	327	16	regular	regular	ADJ
ejge-8925	327	17	basis	basis	NOUN
ejge-8925	327	18	by	by	ADP
ejge-8925	327	19	policymakers	policymaker	NOUN
ejge-8925	327	20	.	.	PUNCT
ejge-8925	328	1	in	in	ADP
ejge-8925	328	2	the	the	DET
ejge-8925	328	3	short	short	ADJ
ejge-8925	328	4	run	run	NOUN
ejge-8925	328	5	,	,	PUNCT
ejge-8925	328	6	the	the	DET
ejge-8925	328	7	empirical	empirical	ADJ
ejge-8925	328	8	results	result	NOUN
ejge-8925	328	9	indicated	indicate	VERB
ejge-8925	328	10	that	that	SCONJ
ejge-8925	328	11	only	only	ADJ
ejge-8925	328	12	real	real	ADJ
ejge-8925	328	13	exchange	exchange	NOUN
ejge-8925	328	14	rates	rate	NOUN
ejge-8925	328	15	could	could	AUX
ejge-8925	328	16	be	be	AUX
ejge-8925	328	17	used	use	VERB
ejge-8925	328	18	as	as	ADP
ejge-8925	328	19	a	a	DET
ejge-8925	328	20	valid	valid	ADJ
ejge-8925	328	21	instrument	instrument	NOUN
ejge-8925	328	22	for	for	ADP
ejge-8925	328	23	exercising	exercise	VERB
ejge-8925	328	24	economic	economic	ADJ
ejge-8925	328	25	policy	policy	NOUN
ejge-8925	328	26	.	.	PUNCT
ejge-8925	329	1	in	in	ADP
ejge-8925	329	2	the	the	DET
ejge-8925	329	3	short	short	ADJ
ejge-8925	329	4	run	run	NOUN
ejge-8925	329	5	,	,	PUNCT
ejge-8925	329	6	the	the	DET
ejge-8925	329	7	exchange	exchange	NOUN
ejge-8925	329	8	rates	rate	NOUN
ejge-8925	329	9	are	be	AUX
ejge-8925	329	10	determined	determine	VERB
ejge-8925	329	11	by	by	ADP
ejge-8925	329	12	forces	force	NOUN
ejge-8925	329	13	of	of	ADP
ejge-8925	329	14	supply	supply	NOUN
ejge-8925	329	15	and	and	CCONJ
ejge-8925	329	16	demand	demand	NOUN
ejge-8925	329	17	.	.	PUNCT
ejge-8925	330	1	ez	ez	PROPN
ejge-8925	330	2	policymakers	policymaker	NOUN
ejge-8925	330	3	can	can	AUX
ejge-8925	330	4	regulate	regulate	VERB
ejge-8925	330	5	supply	supply	NOUN
ejge-8925	330	6	and	and	CCONJ
ejge-8925	330	7	demand	demand	NOUN
ejge-8925	330	8	through	through	ADP
ejge-8925	330	9	investments	investment	NOUN
ejge-8925	330	10	,	,	PUNCT
ejge-8925	330	11	loans	loan	NOUN
ejge-8925	330	12	,	,	PUNCT
ejge-8925	330	13	exchanges	exchange	NOUN
ejge-8925	330	14	in	in	ADP
ejge-8925	330	15	the	the	DET
ejge-8925	330	16	foreign	foreign	ADJ
ejge-8925	330	17	market	market	NOUN
ejge-8925	330	18	,	,	PUNCT
ejge-8925	330	19	and	and	CCONJ
ejge-8925	330	20	consumer	consumer	NOUN
ejge-8925	330	21	decisions	decision	NOUN
ejge-8925	330	22	that	that	PRON
ejge-8925	330	23	affect	affect	VERB
ejge-8925	330	24	the	the	DET
ejge-8925	330	25	value	value	NOUN
ejge-8925	330	26	of	of	ADP
ejge-8925	330	27	their	their	PRON
ejge-8925	330	28	economy	economy	NOUN
ejge-8925	330	29	’s	’s	PART
ejge-8925	330	30	currency	currency	NOUN
ejge-8925	330	31	to	to	ADP
ejge-8925	330	32	the	the	DET
ejge-8925	330	33	us	us	PROPN
ejge-8925	330	34	.	.	PUNCT
ejge-8925	331	1	note	note	VERB
ejge-8925	331	2	that	that	SCONJ
ejge-8925	331	3	the	the	DET
ejge-8925	331	4	methodology	methodology	NOUN
ejge-8925	331	5	employed	employ	VERB
ejge-8925	331	6	in	in	ADP
ejge-8925	331	7	this	this	DET
ejge-8925	331	8	work	work	NOUN
ejge-8925	331	9	may	may	AUX
ejge-8925	331	10	be	be	AUX
ejge-8925	331	11	of	of	ADP
ejge-8925	331	12	use	use	NOUN
ejge-8925	331	13	to	to	PART
ejge-8925	331	14	assess	assess	VERB
ejge-8925	331	15	other	other	ADJ
ejge-8925	331	16	economic	economic	ADJ
ejge-8925	331	17	policies	policy	NOUN
ejge-8925	331	18	as	as	ADV
ejge-8925	331	19	well	well	ADV
ejge-8925	331	20	.	.	PUNCT
ejge-8925	332	1	references	reference	NOUN
ejge-8925	332	2	agiomirgianakis	agiomirgianaki	NOUN
ejge-8925	332	3	,	,	PUNCT
ejge-8925	332	4	g.	g.	PROPN
ejge-8925	332	5	,	,	PUNCT
ejge-8925	332	6	serenis	serenis	PROPN
ejge-8925	332	7	,	,	PUNCT
ejge-8925	332	8	d.	d.	PROPN
ejge-8925	332	9	,	,	PUNCT
ejge-8925	332	10	&	&	CCONJ
ejge-8925	332	11	tsounis	tsounis	PROPN
ejge-8925	332	12	,	,	PUNCT
ejge-8925	332	13	n.	n.	NOUN
ejge-8925	332	14	(	(	PUNCT
ejge-8925	332	15	2017	2017	NUM
ejge-8925	332	16	)	)	PUNCT
ejge-8925	332	17	.	.	PUNCT
ejge-8925	333	1	effective	effective	ADJ
ejge-8925	333	2	timing	timing	NOUN
ejge-8925	333	3	of	of	ADP
ejge-8925	333	4	tourism	tourism	NOUN
ejge-8925	333	5	policy	policy	NOUN
ejge-8925	333	6	:	:	PUNCT
ejge-8925	333	7	the	the	DET
ejge-8925	333	8	case	case	NOUN
ejge-8925	333	9	of	of	ADP
ejge-8925	333	10	singapore	singapore	PROPN
ejge-8925	333	11	.	.	PUNCT
ejge-8925	334	1	economic	economic	ADJ
ejge-8925	334	2	modelling	modelling	NOUN
ejge-8925	334	3	,	,	PUNCT
ejge-8925	334	4	60(1	60(1	NUM
ejge-8925	334	5	)	)	PUNCT
ejge-8925	334	6	,	,	PUNCT
ejge-8925	334	7	29	29	NUM
ejge-8925	334	8	-	-	SYM
ejge-8925	334	9	38	38	NUM
ejge-8925	334	10	.	.	PUNCT
ejge-8925	335	1	https://doi.org/10.1016/j.econmod.2016.09.001	https://doi.org/10.1016/j.econmod.2016.09.001	VERB
ejge-8925	335	2	anoruo	anoruo	PROPN
ejge-8925	335	3	e.	e.	PROPN
ejge-8925	335	4	,	,	PUNCT
ejge-8925	335	5	&	&	CCONJ
ejge-8925	335	6	elike	elike	PROPN
ejge-8925	335	7	.	.	PUNCT
ejge-8925	336	1	u.	u.	PROPN
ejge-8925	336	2	(	(	PUNCT
ejge-8925	336	3	2008	2008	NUM
ejge-8925	336	4	)	)	PUNCT
ejge-8925	336	5	.	.	PUNCT
ejge-8925	337	1	asymmetric	asymmetric	ADJ
ejge-8925	337	2	dynamics	dynamic	NOUN
ejge-8925	337	3	in	in	ADP
ejge-8925	337	4	current	current	ADJ
ejge-8925	337	5	account	account	NOUN
ejge-8925	337	6	interest	interest	NOUN
ejge-8925	337	7	rate	rate	NOUN
ejge-8925	337	8	nexus	nexus	NOUN
ejge-8925	337	9	:	:	PUNCT
ejge-8925	337	10	evidence	evidence	NOUN
ejge-8925	337	11	from	from	ADP
ejge-8925	337	12	asian	asian	ADJ
ejge-8925	337	13	countries	country	NOUN
ejge-8925	337	14	.	.	PUNCT
ejge-8925	338	1	investment	investment	NOUN
ejge-8925	338	2	management	management	NOUN
ejge-8925	338	3	and	and	CCONJ
ejge-8925	338	4	financial	financial	ADJ
ejge-8925	338	5	innovations	innovation	NOUN
ejge-8925	338	6	,	,	PUNCT
ejge-8925	338	7	5(4	5(4	NUM
ejge-8925	338	8	)	)	PUNCT
ejge-8925	338	9	.	.	PUNCT
ejge-8925	339	1	aloryito	aloryito	PROPN
ejge-8925	339	2	,	,	PUNCT
ejge-8925	339	3	g.	g.	PROPN
ejge-8925	339	4	k.	k.	PROPN
ejge-8925	339	5	,	,	PUNCT
ejge-8925	339	6	senadza	senadza	PROPN
ejge-8925	339	7	,	,	PUNCT
ejge-8925	339	8	b.	b.	PROPN
ejge-8925	339	9	,	,	PUNCT
ejge-8925	339	10	&	&	CCONJ
ejge-8925	339	11	nketiah	nketiah	PROPN
ejge-8925	339	12	-	-	PUNCT
ejge-8925	339	13	amponsah	amponsah	PROPN
ejge-8925	339	14	,	,	PUNCT
ejge-8925	339	15	e.	e.	PROPN
ejge-8925	339	16	(	(	PUNCT
ejge-8925	339	17	2016	2016	NUM
ejge-8925	339	18	)	)	PUNCT
ejge-8925	339	19	.	.	PUNCT
ejge-8925	340	1	testing	test	VERB
ejge-8925	340	2	the	the	DET
ejge-8925	340	3	twin	twin	ADJ
ejge-8925	340	4	deficits	deficit	NOUN
ejge-8925	340	5	hypothesis	hypothesis	NOUN
ejge-8925	340	6	:	:	PUNCT
ejge-8925	340	7	effect	effect	NOUN
ejge-8925	340	8	of	of	ADP
ejge-8925	340	9	fiscal	fiscal	ADJ
ejge-8925	340	10	balance	balance	NOUN
ejge-8925	340	11	on	on	ADP
ejge-8925	340	12	current	current	ADJ
ejge-8925	340	13	account	account	NOUN
ejge-8925	340	14	balance	balance	NOUN
ejge-8925	340	15	-	-	PUNCT
ejge-8925	340	16	a	a	DET
ejge-8925	340	17	panel	panel	NOUN
ejge-8925	340	18	analysis	analysis	NOUN
ejge-8925	340	19	of	of	ADP
ejge-8925	340	20	subsaharan	subsaharan	PROPN
ejge-8925	340	21	africa	africa	PROPN
ejge-8925	340	22	.	.	PUNCT
ejge-8925	341	1	modern	modern	ADJ
ejge-8925	341	2	economy	economy	NOUN
ejge-8925	341	3	7(09	7(09	NUM
ejge-8925	341	4	)	)	PUNCT
ejge-8925	341	5	,	,	PUNCT
ejge-8925	341	6	945	945	NUM
ejge-8925	341	7	.	.	X
ejge-8925	341	8	https://doi.org/10.4236/me.2016.79097	https://doi.org/10.4236/me.2016.79097	PROPN
ejge-8925	341	9	arize	arize	VERB
ejge-8925	341	10	,	,	PUNCT
ejge-8925	341	11	a.c	a.c	PROPN
ejge-8925	341	12	.	.	PROPN
ejge-8925	341	13	(	(	PUNCT
ejge-8925	341	14	1994	1994	NUM
ejge-8925	341	15	)	)	PUNCT
ejge-8925	341	16	.	.	PUNCT
ejge-8925	342	1	cointegration	cointegration	NOUN
ejge-8925	342	2	test	test	NOUN
ejge-8925	342	3	of	of	ADP
ejge-8925	342	4	a	a	DET
ejge-8925	342	5	long	long	ADV
ejge-8925	342	6	-	-	PUNCT
ejge-8925	342	7	run	run	NOUN
ejge-8925	342	8	relation	relation	NOUN
ejge-8925	342	9	between	between	ADP
ejge-8925	342	10	the	the	DET
ejge-8925	342	11	real	real	ADJ
ejge-8925	342	12	effective	effective	ADJ
ejge-8925	342	13	exchange	exchange	NOUN
ejge-8925	342	14	rate	rate	NOUN
ejge-8925	342	15	and	and	CCONJ
ejge-8925	342	16	the	the	DET
ejge-8925	342	17	trade	trade	NOUN
ejge-8925	342	18	balance	balance	NOUN
ejge-8925	342	19	.	.	PUNCT
ejge-8925	343	1	international	international	ADJ
ejge-8925	343	2	economic	economic	ADJ
ejge-8925	343	3	journal	journal	NOUN
ejge-8925	343	4	,	,	PUNCT
ejge-8925	343	5	8(3	8(3	NUM
ejge-8925	343	6	)	)	PUNCT
ejge-8925	343	7	,	,	PUNCT
ejge-8925	343	8	1	1	NUM
ejge-8925	343	9	-	-	SYM
ejge-8925	343	10	9	9	NUM
ejge-8925	343	11	.	.	PUNCT
ejge-8925	344	1	https://doi.org/10.1080/10168739400000001	https://doi.org/10.1080/10168739400000001	NOUN
ejge-8925	344	2	https://doi.org/10.1016/j.econmod.2016.09.001	https://doi.org/10.1016/j.econmod.2016.09.001	VERB
ejge-8925	344	3	https://doi.org/10.4236/me.2016.79097	https://doi.org/10.4236/me.2016.79097	PROPN
ejge-8925	344	4	https://doi.org/10.1080/10168739400000001	https://doi.org/10.1080/10168739400000001	X
ejge-8925	344	5	gerassimos	gerassimos	PROPN
ejge-8925	344	6	bertsatos	bertsatos	PROPN
ejge-8925	344	7	/	/	SYM
ejge-8925	344	8	european	european	PROPN
ejge-8925	344	9	journal	journal	PROPN
ejge-8925	344	10	of	of	ADP
ejge-8925	344	11	government	government	NOUN
ejge-8925	344	12	and	and	CCONJ
ejge-8925	344	13	economics	economic	NOUN
ejge-8925	344	14	11(2	11(2	NUM
ejge-8925	344	15	)	)	PUNCT
ejge-8925	344	16	,	,	PUNCT
ejge-8925	344	17	december	december	PROPN
ejge-8925	344	18	2022	2022	NUM
ejge-8925	344	19	,	,	PUNCT
ejge-8925	344	20	141	141	NUM
ejge-8925	344	21	-	-	SYM
ejge-8925	344	22	166	166	NUM
ejge-8925	344	23	158	158	NUM
ejge-8925	344	24	baharumshah	baharumshah	NOUN
ejge-8925	344	25	,	,	PUNCT
ejge-8925	344	26	a.	a.	NOUN
ejge-8925	344	27	z.	z.	PROPN
ejge-8925	344	28	(	(	PUNCT
ejge-8925	344	29	2001	2001	NUM
ejge-8925	344	30	)	)	PUNCT
ejge-8925	344	31	.	.	PUNCT
ejge-8925	345	1	the	the	DET
ejge-8925	345	2	effect	effect	NOUN
ejge-8925	345	3	of	of	ADP
ejge-8925	345	4	exchange	exchange	NOUN
ejge-8925	345	5	rate	rate	NOUN
ejge-8925	345	6	on	on	ADP
ejge-8925	345	7	bilateral	bilateral	ADJ
ejge-8925	345	8	trade	trade	NOUN
ejge-8925	345	9	balance	balance	NOUN
ejge-8925	345	10	:	:	PUNCT
ejge-8925	345	11	new	new	ADJ
ejge-8925	345	12	evidence	evidence	NOUN
ejge-8925	345	13	from	from	ADP
ejge-8925	345	14	malaysia	malaysia	PROPN
ejge-8925	345	15	and	and	CCONJ
ejge-8925	345	16	thailand	thailand	PROPN
ejge-8925	345	17	.	.	PUNCT
ejge-8925	346	1	asian	asian	ADJ
ejge-8925	346	2	economic	economic	ADJ
ejge-8925	346	3	journal	journal	NOUN
ejge-8925	346	4	,	,	PUNCT
ejge-8925	346	5	15(3	15(3	NUM
ejge-8925	346	6	)	)	PUNCT
ejge-8925	346	7	,	,	PUNCT
ejge-8925	346	8	291	291	NUM
ejge-8925	346	9	-	-	SYM
ejge-8925	346	10	312	312	NUM
ejge-8925	346	11	.	.	PUNCT
ejge-8925	347	1	https://doi.org/10.1111/1467-8381.00135	https://doi.org/10.1111/1467-8381.00135	PROPN
ejge-8925	347	2	bernhardsen	bernhardsen	PROPN
ejge-8925	347	3	,	,	PUNCT
ejge-8925	347	4	t.	t.	PROPN
ejge-8925	347	5	(	(	PUNCT
ejge-8925	347	6	2000	2000	NUM
ejge-8925	347	7	)	)	PUNCT
ejge-8925	347	8	.	.	PUNCT
ejge-8925	348	1	the	the	DET
ejge-8925	348	2	relationship	relationship	NOUN
ejge-8925	348	3	between	between	ADP
ejge-8925	348	4	interest	interest	NOUN
ejge-8925	348	5	rate	rate	NOUN
ejge-8925	348	6	differentials	differential	NOUN
ejge-8925	348	7	and	and	CCONJ
ejge-8925	348	8	macroeconomic	macroeconomic	ADJ
ejge-8925	348	9	variables	variable	NOUN
ejge-8925	348	10	:	:	PUNCT
ejge-8925	348	11	a	a	DET
ejge-8925	348	12	panel	panel	NOUN
ejge-8925	348	13	data	datum	NOUN
ejge-8925	348	14	study	study	NOUN
ejge-8925	348	15	for	for	ADP
ejge-8925	348	16	european	european	ADJ
ejge-8925	348	17	countries	country	NOUN
ejge-8925	348	18	.	.	PUNCT
ejge-8925	349	1	journal	journal	PROPN
ejge-8925	349	2	of	of	ADP
ejge-8925	349	3	international	international	ADJ
ejge-8925	349	4	money	money	NOUN
ejge-8925	349	5	and	and	CCONJ
ejge-8925	349	6	finance	finance	NOUN
ejge-8925	349	7	,	,	PUNCT
ejge-8925	349	8	19(2	19(2	NUM
ejge-8925	349	9	)	)	PUNCT
ejge-8925	349	10	,	,	PUNCT
ejge-8925	349	11	289	289	NUM
ejge-8925	349	12	-	-	SYM
ejge-8925	349	13	308	308	NUM
ejge-8925	349	14	.	.	PUNCT
ejge-8925	350	1	https://doi.org/10.1016/s02615606(00)00002-4	https://doi.org/10.1016/s02615606(00)00002-4	ADJ
ejge-8925	350	2	blanchard	blanchard	NOUN
ejge-8925	350	3	,	,	PUNCT
ejge-8925	350	4	o.	o.	PROPN
ejge-8925	350	5	,	,	PUNCT
ejge-8925	350	6	&	&	CCONJ
ejge-8925	350	7	giavazzi	giavazzi	PROPN
ejge-8925	350	8	f.	f.	PROPN
ejge-8925	350	9	(	(	PUNCT
ejge-8925	350	10	2002	2002	NUM
ejge-8925	350	11	)	)	PUNCT
ejge-8925	350	12	.	.	PUNCT
ejge-8925	351	1	current	current	ADJ
ejge-8925	351	2	account	account	NOUN
ejge-8925	351	3	deficits	deficit	NOUN
ejge-8925	351	4	in	in	ADP
ejge-8925	351	5	the	the	DET
ejge-8925	351	6	euro	euro	PROPN
ejge-8925	351	7	area	area	NOUN
ejge-8925	351	8	:	:	PUNCT
ejge-8925	351	9	the	the	DET
ejge-8925	351	10	end	end	NOUN
ejge-8925	351	11	of	of	ADP
ejge-8925	351	12	the	the	DET
ejge-8925	351	13	feldstein	feldstein	NOUN
ejge-8925	351	14	-	-	PUNCT
ejge-8925	351	15	horioka	horioka	NOUN
ejge-8925	351	16	puzzle	puzzle	NOUN
ejge-8925	351	17	?	?	PUNCT
ejge-8925	352	1	brookings	brookings	PROPN
ejge-8925	352	2	papers	paper	NOUN
ejge-8925	352	3	on	on	ADP
ejge-8925	352	4	economic	economic	ADJ
ejge-8925	352	5	activity	activity	NOUN
ejge-8925	352	6	2002(2	2002(2	NUM
ejge-8925	352	7	)	)	PUNCT
ejge-8925	352	8	,	,	PUNCT
ejge-8925	352	9	147	147	NUM
ejge-8925	352	10	-	-	SYM
ejge-8925	352	11	209	209	NUM
ejge-8925	352	12	.	.	PUNCT
ejge-8925	353	1	https://doi.org/10.1353/eca.2003.0001	https://doi.org/10.1353/eca.2003.0001	PROPN
ejge-8925	353	2	bussière	bussière	NOUN
ejge-8925	353	3	,	,	PUNCT
ejge-8925	353	4	m.	m.	NOUN
ejge-8925	353	5	,	,	PUNCT
ejge-8925	353	6	fratzscher	fratzscher	NOUN
ejge-8925	353	7	,	,	PUNCT
ejge-8925	353	8	m.	m.	NOUN
ejge-8925	353	9	,	,	PUNCT
ejge-8925	353	10	&	&	CCONJ
ejge-8925	353	11	müller	müller	PROPN
ejge-8925	353	12	,	,	PUNCT
ejge-8925	353	13	g.j	g.j	PROPN
ejge-8925	353	14	.	.	PROPN
ejge-8925	353	15	(	(	PUNCT
ejge-8925	353	16	2004	2004	NUM
ejge-8925	353	17	)	)	PUNCT
ejge-8925	353	18	.	.	PUNCT
ejge-8925	354	1	current	current	ADJ
ejge-8925	354	2	account	account	NOUN
ejge-8925	354	3	dynamics	dynamic	NOUN
ejge-8925	354	4	in	in	ADP
ejge-8925	354	5	oecd	oecd	PROPN
ejge-8925	354	6	and	and	CCONJ
ejge-8925	354	7	eu	eu	PROPN
ejge-8925	354	8	acceding	accede	VERB
ejge-8925	354	9	countries	country	NOUN
ejge-8925	354	10	an	an	DET
ejge-8925	354	11	intertemporal	intertemporal	ADJ
ejge-8925	354	12	approach	approach	NOUN
ejge-8925	354	13	.	.	PUNCT
ejge-8925	355	1	ecb	ecb	PROPN
ejge-8925	355	2	working	working	PROPN
ejge-8925	355	3	paper	paper	PROPN
ejge-8925	355	4	no	no	INTJ
ejge-8925	355	5	.	.	PROPN
ejge-8925	356	1	311	311	NUM
ejge-8925	356	2	.	.	PUNCT
ejge-8925	357	1	https://doi.org/10.2139/ssrn.515074	https://doi.org/10.2139/ssrn.515074	PROPN
ejge-8925	357	2	calderón	calderón	PROPN
ejge-8925	357	3	,	,	PUNCT
ejge-8925	357	4	c.	c.	PROPN
ejge-8925	357	5	,	,	PUNCT
ejge-8925	357	6	chong	chong	PROPN
ejge-8925	357	7	,	,	PUNCT
ejge-8925	357	8	a.	a.	PROPN
ejge-8925	357	9	,	,	PUNCT
ejge-8925	357	10	&	&	CCONJ
ejge-8925	357	11	loayza	loayza	PROPN
ejge-8925	357	12	,	,	PUNCT
ejge-8925	357	13	n.	n.	NOUN
ejge-8925	357	14	(	(	PUNCT
ejge-8925	357	15	1999	1999	NUM
ejge-8925	357	16	)	)	PUNCT
ejge-8925	357	17	.	.	PUNCT
ejge-8925	358	1	determinants	determinant	NOUN
ejge-8925	358	2	of	of	ADP
ejge-8925	358	3	current	current	ADJ
ejge-8925	358	4	account	account	NOUN
ejge-8925	358	5	deficits	deficit	NOUN
ejge-8925	358	6	in	in	ADP
ejge-8925	358	7	developing	develop	VERB
ejge-8925	358	8	countries	country	NOUN
ejge-8925	358	9	.	.	PUNCT
ejge-8925	359	1	working	work	VERB
ejge-8925	359	2	papers	paper	NOUN
ejge-8925	359	3	central	central	PROPN
ejge-8925	359	4	bank	bank	PROPN
ejge-8925	359	5	of	of	ADP
ejge-8925	359	6	chile	chile	PROPN
ejge-8925	359	7	51	51	NUM
ejge-8925	359	8	,	,	PUNCT
ejge-8925	359	9	central	central	ADJ
ejge-8925	359	10	bank	bank	NOUN
ejge-8925	359	11	of	of	ADP
ejge-8925	359	12	chile	chile	PROPN
ejge-8925	359	13	.	.	PUNCT
ejge-8925	360	1	calderón	calderón	PROPN
ejge-8925	360	2	,	,	PUNCT
ejge-8925	360	3	c.	c.	PROPN
ejge-8925	360	4	,	,	PUNCT
ejge-8925	360	5	chong	chong	PROPN
ejge-8925	360	6	,	,	PUNCT
ejge-8925	360	7	a.	a.	PROPN
ejge-8925	360	8	,	,	PUNCT
ejge-8925	360	9	&	&	CCONJ
ejge-8925	360	10	zanforlin	zanforlin	PROPN
ejge-8925	360	11	,	,	PUNCT
ejge-8925	360	12	l.	l.	PROPN
ejge-8925	360	13	(	(	PUNCT
ejge-8925	360	14	2007	2007	NUM
ejge-8925	360	15	)	)	PUNCT
ejge-8925	360	16	.	.	PUNCT
ejge-8925	361	1	current	current	ADJ
ejge-8925	361	2	account	account	NOUN
ejge-8925	361	3	deficits	deficit	NOUN
ejge-8925	361	4	in	in	ADP
ejge-8925	361	5	africa	africa	PROPN
ejge-8925	361	6	:	:	PUNCT
ejge-8925	361	7	stylized	stylize	VERB
ejge-8925	361	8	facts	fact	NOUN
ejge-8925	361	9	and	and	CCONJ
ejge-8925	361	10	basic	basic	ADJ
ejge-8925	361	11	determinants	determinant	NOUN
ejge-8925	361	12	.	.	PUNCT
ejge-8925	362	1	economic	economic	ADJ
ejge-8925	362	2	development	development	NOUN
ejge-8925	362	3	and	and	CCONJ
ejge-8925	362	4	cultural	cultural	ADJ
ejge-8925	362	5	change	change	NOUN
ejge-8925	362	6	,	,	PUNCT
ejge-8925	362	7	56(1	56(1	NUM
ejge-8925	362	8	)	)	PUNCT
ejge-8925	362	9	,	,	PUNCT
ejge-8925	362	10	191	191	NUM
ejge-8925	362	11	-	-	SYM
ejge-8925	362	12	221	221	NUM
ejge-8925	362	13	.	.	PUNCT
ejge-8925	363	1	https://doi.org/10.1086/520557	https://doi.org/10.1086/520557	X
ejge-8925	364	1	catão	catão	PROPN
ejge-8925	364	2	,	,	PUNCT
ejge-8925	364	3	l.	l.	PROPN
ejge-8925	364	4	,	,	PUNCT
ejge-8925	364	5	&	&	CCONJ
ejge-8925	364	6	falcetti	falcetti	PROPN
ejge-8925	364	7	,	,	PUNCT
ejge-8925	364	8	e.	e.	PROPN
ejge-8925	364	9	(	(	PUNCT
ejge-8925	364	10	2002	2002	NUM
ejge-8925	364	11	)	)	PUNCT
ejge-8925	364	12	.	.	PUNCT
ejge-8925	365	1	determinants	determinant	NOUN
ejge-8925	365	2	of	of	ADP
ejge-8925	365	3	argentina	argentina	PROPN
ejge-8925	365	4	's	's	PART
ejge-8925	365	5	external	external	ADJ
ejge-8925	365	6	trade	trade	NOUN
ejge-8925	365	7	.	.	PUNCT
ejge-8925	366	1	journal	journal	NOUN
ejge-8925	366	2	of	of	ADP
ejge-8925	366	3	applied	apply	VERB
ejge-8925	366	4	economics	economic	NOUN
ejge-8925	366	5	5(1	5(1	NUM
ejge-8925	366	6	)	)	PUNCT
ejge-8925	366	7	,	,	PUNCT
ejge-8925	366	8	19	19	NUM
ejge-8925	366	9	-	-	SYM
ejge-8925	366	10	57	57	NUM
ejge-8925	366	11	.	.	PUNCT
ejge-8925	367	1	https://doi.org/10.1080/15140326.2002.12040570	https://doi.org/10.1080/15140326.2002.12040570	NOUN
ejge-8925	367	2	ca	can	AUX
ejge-8925	367	3	'	'	PART
ejge-8925	367	4	zorzi	zorzi	NOUN
ejge-8925	367	5	,	,	PUNCT
ejge-8925	367	6	m.	m.	NOUN
ejge-8925	367	7	,	,	PUNCT
ejge-8925	367	8	dieppe	dieppe	PROPN
ejge-8925	367	9	,	,	PUNCT
ejge-8925	367	10	a.	a.	PROPN
ejge-8925	367	11	,	,	PUNCT
ejge-8925	367	12	&	&	CCONJ
ejge-8925	367	13	chudik	chudik	PROPN
ejge-8925	367	14	,	,	PUNCT
ejge-8925	367	15	a.	a.	NOUN
ejge-8925	367	16	(	(	PUNCT
ejge-8925	367	17	2009	2009	NUM
ejge-8925	367	18	)	)	PUNCT
ejge-8925	367	19	.	.	PUNCT
ejge-8925	368	1	current	current	ADJ
ejge-8925	368	2	account	account	NOUN
ejge-8925	368	3	benchmarks	benchmark	NOUN
ejge-8925	368	4	for	for	ADP
ejge-8925	368	5	central	central	ADJ
ejge-8925	368	6	and	and	CCONJ
ejge-8925	368	7	eastern	eastern	ADJ
ejge-8925	368	8	europe	europe	PROPN
ejge-8925	368	9	:	:	PUNCT
ejge-8925	368	10	a	a	DET
ejge-8925	368	11	desperate	desperate	ADJ
ejge-8925	368	12	search	search	NOUN
ejge-8925	368	13	?	?	PUNCT
ejge-8925	369	1	ecb	ecb	NOUN
ejge-8925	369	2	working	working	PROPN
ejge-8925	369	3	paper	paper	PROPN
ejge-8925	369	4	no	no	INTJ
ejge-8925	369	5	.	.	PROPN
ejge-8925	370	1	995	995	NUM
ejge-8925	370	2	.	.	PUNCT
ejge-8925	370	3	https://doi.org/10.2139/ssrn.1316215	https://doi.org/10.2139/ssrn.1316215	PROPN
ejge-8925	370	4	chinn	chinn	PROPN
ejge-8925	370	5	,	,	PUNCT
ejge-8925	370	6	m.	m.	NOUN
ejge-8925	370	7	d.	d.	PROPN
ejge-8925	370	8	,	,	PUNCT
ejge-8925	370	9	&	&	CCONJ
ejge-8925	370	10	prasad	prasad	PROPN
ejge-8925	370	11	e.s	e.s	PROPN
ejge-8925	370	12	.	.	PROPN
ejge-8925	370	13	(	(	PUNCT
ejge-8925	370	14	2003	2003	NUM
ejge-8925	370	15	)	)	PUNCT
ejge-8925	370	16	.	.	PUNCT
ejge-8925	371	1	medium	medium	ADJ
ejge-8925	371	2	-	-	PUNCT
ejge-8925	371	3	term	term	NOUN
ejge-8925	371	4	determinants	determinant	NOUN
ejge-8925	371	5	of	of	ADP
ejge-8925	371	6	current	current	ADJ
ejge-8925	371	7	accounts	account	NOUN
ejge-8925	371	8	in	in	ADP
ejge-8925	371	9	industrial	industrial	ADJ
ejge-8925	371	10	and	and	CCONJ
ejge-8925	371	11	developing	develop	VERB
ejge-8925	371	12	countries	country	NOUN
ejge-8925	371	13	:	:	PUNCT
ejge-8925	371	14	an	an	DET
ejge-8925	371	15	empirical	empirical	ADJ
ejge-8925	371	16	exploration	exploration	NOUN
ejge-8925	371	17	.	.	PUNCT
ejge-8925	372	1	journal	journal	PROPN
ejge-8925	372	2	of	of	ADP
ejge-8925	372	3	international	international	ADJ
ejge-8925	372	4	economics	economic	NOUN
ejge-8925	372	5	,	,	PUNCT
ejge-8925	372	6	59(1	59(1	NUM
ejge-8925	372	7	)	)	PUNCT
ejge-8925	372	8	,	,	PUNCT
ejge-8925	372	9	47	47	NUM
ejge-8925	372	10	-	-	SYM
ejge-8925	372	11	76	76	NUM
ejge-8925	372	12	.	.	PUNCT
ejge-8925	373	1	https://doi.org/10.1016/s0022-1996(02)00089-2	https://doi.org/10.1016/s0022-1996(02)00089-2	PROPN
ejge-8925	373	2	das	das	PROPN
ejge-8925	373	3	,	,	PUNCT
ejge-8925	373	4	d.k	d.k	PROPN
ejge-8925	373	5	.	.	PROPN
ejge-8925	373	6	(	(	PUNCT
ejge-8925	373	7	2016	2016	NUM
ejge-8925	373	8	)	)	PUNCT
ejge-8925	373	9	.	.	PUNCT
ejge-8925	374	1	determinants	determinant	NOUN
ejge-8925	374	2	of	of	ADP
ejge-8925	374	3	current	current	ADJ
ejge-8925	374	4	account	account	NOUN
ejge-8925	374	5	imbalance	imbalance	NOUN
ejge-8925	374	6	in	in	ADP
ejge-8925	374	7	the	the	DET
ejge-8925	374	8	global	global	ADJ
ejge-8925	374	9	economy	economy	NOUN
ejge-8925	374	10	:	:	PUNCT
ejge-8925	374	11	a	a	DET
ejge-8925	374	12	dynamic	dynamic	ADJ
ejge-8925	374	13	panel	panel	NOUN
ejge-8925	374	14	analysis	analysis	NOUN
ejge-8925	374	15	.	.	PUNCT
ejge-8925	375	1	journal	journal	NOUN
ejge-8925	375	2	of	of	ADP
ejge-8925	375	3	economic	economic	ADJ
ejge-8925	375	4	structures	structure	NOUN
ejge-8925	375	5	,	,	PUNCT
ejge-8925	375	6	5(1	5(1	NUM
ejge-8925	375	7	)	)	PUNCT
ejge-8925	375	8	,	,	PUNCT
ejge-8925	375	9	8	8	NUM
ejge-8925	375	10	.	.	PUNCT
ejge-8925	376	1	https://doi.org/10.1186/s40008-0160039-6	https://doi.org/10.1186/s40008-0160039-6	ADJ
ejge-8925	376	2	debelle	debelle	ADJ
ejge-8925	376	3	,	,	PUNCT
ejge-8925	376	4	g.	g.	PROPN
ejge-8925	376	5	,	,	PUNCT
ejge-8925	376	6	&	&	CCONJ
ejge-8925	376	7	faruqee	faruqee	PROPN
ejge-8925	376	8	h.	h.	PROPN
ejge-8925	376	9	(	(	PUNCT
ejge-8925	376	10	1996	1996	NUM
ejge-8925	376	11	)	)	PUNCT
ejge-8925	376	12	.	.	PUNCT
ejge-8925	377	1	what	what	PRON
ejge-8925	377	2	determines	determine	VERB
ejge-8925	377	3	the	the	DET
ejge-8925	377	4	current	current	ADJ
ejge-8925	377	5	account	account	NOUN
ejge-8925	377	6	?	?	PUNCT
ejge-8925	378	1	a	a	DET
ejge-8925	378	2	cross	cross	ADJ
ejge-8925	378	3	-	-	ADJ
ejge-8925	378	4	sectional	sectional	ADJ
ejge-8925	378	5	and	and	CCONJ
ejge-8925	378	6	panel	panel	NOUN
ejge-8925	378	7	approach	approach	NOUN
ejge-8925	378	8	.	.	PUNCT
ejge-8925	379	1	imf	imf	PROPN
ejge-8925	379	2	working	working	PROPN
ejge-8925	379	3	paper	paper	PROPN
ejge-8925	379	4	no	no	INTJ
ejge-8925	379	5	.	.	PROPN
ejge-8925	380	1	58	58	NUM
ejge-8925	380	2	.	.	PUNCT
ejge-8925	381	1	https://doi.org/10.5089/9781451966701.001	https://doi.org/10.5089/9781451966701.001	X
ejge-8925	381	2	de	de	X
ejge-8925	381	3	grauwe	grauwe	NOUN
ejge-8925	381	4	,	,	PUNCT
ejge-8925	381	5	p.	p.	NOUN
ejge-8925	381	6	(	(	PUNCT
ejge-8925	381	7	1988	1988	NUM
ejge-8925	381	8	)	)	PUNCT
ejge-8925	381	9	.	.	PUNCT
ejge-8925	382	1	exchange	exchange	NOUN
ejge-8925	382	2	rate	rate	NOUN
ejge-8925	382	3	variability	variability	NOUN
ejge-8925	382	4	and	and	CCONJ
ejge-8925	382	5	the	the	DET
ejge-8925	382	6	slowdown	slowdown	NOUN
ejge-8925	382	7	in	in	ADP
ejge-8925	382	8	growth	growth	NOUN
ejge-8925	382	9	of	of	ADP
ejge-8925	382	10	international	international	ADJ
ejge-8925	382	11	trade	trade	NOUN
ejge-8925	382	12	.	.	PUNCT
ejge-8925	383	1	imf	imf	PROPN
ejge-8925	383	2	econ	econ	PROPN
ejge-8925	383	3	rev	rev	PROPN
ejge-8925	383	4	,	,	PUNCT
ejge-8925	383	5	35	35	NUM
ejge-8925	383	6	,	,	PUNCT
ejge-8925	383	7	63	63	NUM
ejge-8925	383	8	-	-	SYM
ejge-8925	383	9	84	84	NUM
ejge-8925	383	10	.	.	PUNCT
ejge-8925	384	1	https://doi.org/10.2307/3867277	https://doi.org/10.2307/3867277	ADJ
ejge-8925	384	2	dettmann	dettmann	PROPN
ejge-8925	384	3	,	,	PUNCT
ejge-8925	384	4	g.	g.	PROPN
ejge-8925	384	5	,	,	PUNCT
ejge-8925	384	6	möbert	möbert	PROPN
ejge-8925	384	7	j.	j.	PROPN
ejge-8925	384	8	,	,	PUNCT
ejge-8925	384	9	&	&	CCONJ
ejge-8925	384	10	weistroffer	weistroffer	PROPN
ejge-8925	384	11	c.	c.	PROPN
ejge-8925	384	12	(	(	PUNCT
ejge-8925	384	13	2012	2012	NUM
ejge-8925	384	14	)	)	PUNCT
ejge-8925	384	15	.	.	PUNCT
ejge-8925	385	1	bilateral	bilateral	ADJ
ejge-8925	385	2	current	current	ADJ
ejge-8925	385	3	account	account	NOUN
ejge-8925	385	4	rebalancing	rebalancing	NOUN
ejge-8925	385	5	in	in	ADP
ejge-8925	385	6	the	the	DET
ejge-8925	385	7	emu	emu	PROPN
ejge-8925	385	8	.	.	PROPN
ejge-8925	385	9	intereconomics	intereconomics	PROPN
ejge-8925	385	10	,	,	PUNCT
ejge-8925	385	11	47(4	47(4	PROPN
ejge-8925	385	12	)	)	PUNCT
ejge-8925	385	13	,	,	PUNCT
ejge-8925	385	14	257	257	NUM
ejge-8925	385	15	-	-	SYM
ejge-8925	385	16	64	64	NUM
ejge-8925	385	17	.	.	PUNCT
ejge-8925	386	1	https://doi.org/10.1007/s10272-012-0426-7	https://doi.org/10.1007/s10272-012-0426-7	NOUN
ejge-8925	386	2	european	european	PROPN
ejge-8925	386	3	central	central	PROPN
ejge-8925	386	4	bank	bank	PROPN
ejge-8925	386	5	(	(	PUNCT
ejge-8925	386	6	ecb	ecb	PROPN
ejge-8925	386	7	)	)	PUNCT
ejge-8925	386	8	(	(	PUNCT
ejge-8925	386	9	2020	2020	NUM
ejge-8925	386	10	)	)	PUNCT
ejge-8925	386	11	.	.	PUNCT
ejge-8925	387	1	ecb	ecb	PROPN
ejge-8925	387	2	reference	reference	PROPN
ejge-8925	387	3	exchange	exchange	NOUN
ejge-8925	387	4	rate	rate	NOUN
ejge-8925	387	5	,	,	PUNCT
ejge-8925	387	6	us	us	PROPN
ejge-8925	387	7	dollar	dollar	NOUN
ejge-8925	387	8	/	/	SYM
ejge-8925	387	9	euro	euro	PROPN
ejge-8925	387	10	,	,	PUNCT
ejge-8925	387	11	2:15	2:15	NUM
ejge-8925	387	12	pm	pm	NOUN
ejge-8925	387	13	(	(	PUNCT
ejge-8925	387	14	c.e.t	c.e.t	ADJ
ejge-8925	387	15	.	.	PUNCT
ejge-8925	387	16	)	)	PUNCT
ejge-8925	387	17	.	.	PUNCT
ejge-8925	388	1	https://doi.org/10.14612/oldani_2_2012	https://doi.org/10.14612/oldani_2_2012	NOUN
ejge-8925	388	2	eurostat	eurostat	PROPN
ejge-8925	388	3	(	(	PUNCT
ejge-8925	388	4	2020	2020	NUM
ejge-8925	388	5	)	)	PUNCT
ejge-8925	388	6	.	.	PUNCT
ejge-8925	389	1	harmonised	harmonise	VERB
ejge-8925	389	2	index	index	NOUN
ejge-8925	389	3	of	of	ADP
ejge-8925	389	4	consumer	consumer	NOUN
ejge-8925	389	5	prices	price	NOUN
ejge-8925	389	6	monthly	monthly	ADJ
ejge-8925	389	7	data	datum	NOUN
ejge-8925	389	8	,	,	PUNCT
ejge-8925	389	9	luxemburg	luxemburg	PROPN
ejge-8925	389	10	:	:	PUNCT
ejge-8925	389	11	eurostat	eurostat	PROPN
ejge-8925	389	12	publications	publication	NOUN
ejge-8925	389	13	.	.	PUNCT
ejge-8925	390	1	https://doi.org/10.1111/1467-8381.00135	https://doi.org/10.1111/1467-8381.00135	PROPN
ejge-8925	390	2	https://doi.org/10.1016/s0261-5606(00)00002-4	https://doi.org/10.1016/s0261-5606(00)00002-4	PROPN
ejge-8925	390	3	https://doi.org/10.1016/s0261-5606(00)00002-4	https://doi.org/10.1016/s0261-5606(00)00002-4	PROPN
ejge-8925	390	4	https://doi.org/10.1353/eca.2003.0001	https://doi.org/10.1353/eca.2003.0001	PROPN
ejge-8925	391	1	https://doi.org/10.2139/ssrn.515074	https://doi.org/10.2139/ssrn.515074	PROPN
ejge-8925	391	2	https://doi.org/10.1086/520557	https://doi.org/10.1086/520557	PROPN
ejge-8925	391	3	https://doi.org/10.2139/ssrn.1316215	https://doi.org/10.2139/ssrn.1316215	VERB
ejge-8925	391	4	https://doi.org/10.1186/s40008-016-0039-6	https://doi.org/10.1186/s40008-016-0039-6	NUM
ejge-8925	391	5	https://doi.org/10.1186/s40008-016-0039-6	https://doi.org/10.1186/s40008-016-0039-6	NUM
ejge-8925	391	6	https://doi.org/10.2307/3867277	https://doi.org/10.2307/3867277	NOUN
ejge-8925	391	7	https://doi.org/10.1007/s10272-012-0426-7	https://doi.org/10.1007/s10272-012-0426-7	NUM
ejge-8925	391	8	https://doi.org/10.14612/oldani_2_2012	https://doi.org/10.14612/oldani_2_2012	PROPN
ejge-8925	391	9	gerassimos	gerassimos	PROPN
ejge-8925	391	10	bertsatos	bertsatos	PROPN
ejge-8925	391	11	/	/	SYM
ejge-8925	391	12	european	european	PROPN
ejge-8925	391	13	journal	journal	PROPN
ejge-8925	391	14	of	of	ADP
ejge-8925	391	15	government	government	NOUN
ejge-8925	391	16	and	and	CCONJ
ejge-8925	391	17	economics	economic	NOUN
ejge-8925	391	18	11(2	11(2	NUM
ejge-8925	391	19	)	)	PUNCT
ejge-8925	391	20	,	,	PUNCT
ejge-8925	391	21	december	december	PROPN
ejge-8925	391	22	2022	2022	NUM
ejge-8925	391	23	,	,	PUNCT
ejge-8925	391	24	141	141	NUM
ejge-8925	391	25	-	-	SYM
ejge-8925	391	26	166	166	NUM
ejge-8925	391	27	159	159	NUM
ejge-8925	391	28	eurostat	eurostat	X
ejge-8925	391	29	(	(	PUNCT
ejge-8925	391	30	2020	2020	NUM
ejge-8925	391	31	)	)	PUNCT
ejge-8925	391	32	.	.	PUNCT
ejge-8925	392	1	quarterly	quarterly	ADJ
ejge-8925	392	2	non	non	ADJ
ejge-8925	392	3	-	-	ADJ
ejge-8925	392	4	financial	financial	ADJ
ejge-8925	392	5	accounts	account	NOUN
ejge-8925	392	6	for	for	ADP
ejge-8925	392	7	general	general	ADJ
ejge-8925	392	8	government	government	NOUN
ejge-8925	392	9	,	,	PUNCT
ejge-8925	392	10	luxemburg	luxemburg	PROPN
ejge-8925	392	11	:	:	PUNCT
ejge-8925	392	12	eurostat	eurostat	PROPN
ejge-8925	392	13	publications	publication	NOUN
ejge-8925	392	14	.	.	PUNCT
ejge-8925	393	1	eurostat	eurostat	PROPN
ejge-8925	393	2	(	(	PUNCT
ejge-8925	393	3	2020	2020	NUM
ejge-8925	393	4	)	)	PUNCT
ejge-8925	393	5	.	.	PUNCT
ejge-8925	394	1	personal	personal	ADJ
ejge-8925	394	2	transfers	transfer	NOUN
ejge-8925	394	3	and	and	CCONJ
ejge-8925	394	4	compensation	compensation	NOUN
ejge-8925	394	5	of	of	ADP
ejge-8925	394	6	employees	employee	NOUN
ejge-8925	394	7	,	,	PUNCT
ejge-8925	394	8	luxemburg	luxemburg	PROPN
ejge-8925	394	9	:	:	PUNCT
ejge-8925	394	10	eurostat	eurostat	PROPN
ejge-8925	394	11	publications	publication	NOUN
ejge-8925	394	12	.	.	PUNCT
ejge-8925	395	1	eurostat	eurostat	PROPN
ejge-8925	395	2	(	(	PUNCT
ejge-8925	395	3	2021	2021	NUM
ejge-8925	395	4	)	)	PUNCT
ejge-8925	395	5	.	.	PUNCT
ejge-8925	396	1	countries	country	NOUN
ejge-8925	396	2	and	and	CCONJ
ejge-8925	396	3	regions	region	NOUN
ejge-8925	396	4	:	:	PUNCT
ejge-8925	396	5	united	united	PROPN
ejge-8925	396	6	states	states	PROPN
ejge-8925	396	7	,	,	PUNCT
ejge-8925	396	8	european	european	PROPN
ejge-8925	396	9	commission	commission	PROPN
ejge-8925	396	10	:	:	PUNCT
ejge-8925	396	11	dg	dg	AUX
ejge-8925	396	12	trade	trade	NOUN
ejge-8925	396	13	,	,	PUNCT
ejge-8925	396	14	https://ec.europa.eu/trade/policy/countries-and-regions/countries/united-states/	https://ec.europa.eu/trade/policy/countries-and-regions/countries/united-states/	NUM
ejge-8925	396	15	(	(	PUNCT
ejge-8925	396	16	accessed	access	VERB
ejge-8925	396	17	3rd	3rd	ADJ
ejge-8925	396	18	january	january	PROPN
ejge-8925	396	19	,	,	PUNCT
ejge-8925	396	20	2022	2022	NUM
ejge-8925	396	21	)	)	PUNCT
ejge-8925	397	1	ghosh	ghosh	PROPN
ejge-8925	397	2	,	,	PUNCT
ejge-8925	397	3	a.	a.	PROPN
ejge-8925	397	4	,	,	PUNCT
ejge-8925	397	5	&	&	CCONJ
ejge-8925	397	6	ostry	ostry	PROPN
ejge-8925	397	7	.	.	PUNCT
ejge-8925	398	1	j.	j.	PROPN
ejge-8925	398	2	d.	d.	PROPN
ejge-8925	398	3	(	(	PUNCT
ejge-8925	398	4	1995	1995	NUM
ejge-8925	398	5	)	)	PUNCT
ejge-8925	398	6	.	.	PUNCT
ejge-8925	399	1	the	the	DET
ejge-8925	399	2	current	current	ADJ
ejge-8925	399	3	account	account	NOUN
ejge-8925	399	4	in	in	ADP
ejge-8925	399	5	developing	develop	VERB
ejge-8925	399	6	countries	country	NOUN
ejge-8925	399	7	:	:	PUNCT
ejge-8925	399	8	a	a	DET
ejge-8925	399	9	perspective	perspective	NOUN
ejge-8925	399	10	from	from	ADP
ejge-8925	399	11	the	the	DET
ejge-8925	399	12	consumption	consumption	NOUN
ejge-8925	399	13	-	-	PUNCT
ejge-8925	399	14	smoothing	smooth	VERB
ejge-8925	399	15	approach	approach	NOUN
ejge-8925	399	16	.	.	PUNCT
ejge-8925	400	1	the	the	DET
ejge-8925	400	2	world	world	PROPN
ejge-8925	400	3	bank	bank	PROPN
ejge-8925	400	4	economic	economic	PROPN
ejge-8925	400	5	review	review	PROPN
ejge-8925	400	6	,	,	PUNCT
ejge-8925	400	7	9(2	9(2	NUM
ejge-8925	400	8	)	)	PUNCT
ejge-8925	400	9	,	,	PUNCT
ejge-8925	400	10	30533	30533	NUM
ejge-8925	400	11	.	.	PUNCT
ejge-8925	401	1	https://doi.org/10.1093/wber/9.2.305	https://doi.org/10.1093/wber/9.2.305	PROPN
ejge-8925	401	2	glick	glick	PROPN
ejge-8925	401	3	,	,	PUNCT
ejge-8925	401	4	r.	r.	PROPN
ejge-8925	401	5	,	,	PUNCT
ejge-8925	401	6	&	&	CCONJ
ejge-8925	401	7	rogoff	rogoff	PROPN
ejge-8925	401	8	k.	k.	PROPN
ejge-8925	401	9	(	(	PUNCT
ejge-8925	401	10	1995	1995	NUM
ejge-8925	401	11	)	)	PUNCT
ejge-8925	401	12	.	.	PUNCT
ejge-8925	402	1	global	global	ADJ
ejge-8925	402	2	versus	versus	ADP
ejge-8925	402	3	country	country	NOUN
ejge-8925	402	4	-	-	PUNCT
ejge-8925	402	5	specific	specific	ADJ
ejge-8925	402	6	productivity	productivity	NOUN
ejge-8925	402	7	shocks	shock	NOUN
ejge-8925	402	8	and	and	CCONJ
ejge-8925	402	9	the	the	DET
ejge-8925	402	10	current	current	ADJ
ejge-8925	402	11	account	account	NOUN
ejge-8925	402	12	.	.	PUNCT
ejge-8925	403	1	journal	journal	NOUN
ejge-8925	403	2	of	of	ADP
ejge-8925	403	3	monetary	monetary	ADJ
ejge-8925	403	4	economics	economic	NOUN
ejge-8925	403	5	,	,	PUNCT
ejge-8925	403	6	35(1	35(1	NUM
ejge-8925	403	7	)	)	PUNCT
ejge-8925	403	8	,	,	PUNCT
ejge-8925	403	9	159	159	NUM
ejge-8925	403	10	-	-	SYM
ejge-8925	403	11	92	92	NUM
ejge-8925	403	12	.	.	PUNCT
ejge-8925	404	1	https://doi.org/10.1016/03043932(94)01181-9	https://doi.org/10.1016/03043932(94)01181-9	PROPN
ejge-8925	404	2	greenwood	greenwood	PROPN
ejge-8925	404	3	,	,	PUNCT
ejge-8925	404	4	j.	j.	PROPN
ejge-8925	404	5	(	(	PUNCT
ejge-8925	404	6	1983	1983	NUM
ejge-8925	404	7	)	)	PUNCT
ejge-8925	404	8	.	.	PUNCT
ejge-8925	405	1	expectations	expectation	NOUN
ejge-8925	405	2	,	,	PUNCT
ejge-8925	405	3	the	the	DET
ejge-8925	405	4	exchange	exchange	NOUN
ejge-8925	405	5	rate	rate	NOUN
ejge-8925	405	6	,	,	PUNCT
ejge-8925	405	7	and	and	CCONJ
ejge-8925	405	8	the	the	DET
ejge-8925	405	9	current	current	ADJ
ejge-8925	405	10	account	account	NOUN
ejge-8925	405	11	.	.	PUNCT
ejge-8925	406	1	journal	journal	NOUN
ejge-8925	406	2	of	of	ADP
ejge-8925	406	3	monetary	monetary	ADJ
ejge-8925	406	4	economics	economic	NOUN
ejge-8925	406	5	,	,	PUNCT
ejge-8925	406	6	12(4	12(4	NUM
ejge-8925	406	7	)	)	PUNCT
ejge-8925	406	8	,	,	PUNCT
ejge-8925	406	9	543	543	NUM
ejge-8925	406	10	-	-	SYM
ejge-8925	406	11	69	69	NUM
ejge-8925	406	12	.	.	PUNCT
ejge-8925	407	1	https://doi.org/10.1016/0304-3932(83)90038-7	https://doi.org/10.1016/0304-3932(83)90038-7	VERB
ejge-8925	407	2	gruber	gruber	PROPN
ejge-8925	407	3	,	,	PUNCT
ejge-8925	407	4	j.	j.	PROPN
ejge-8925	407	5	w.	w.	PROPN
ejge-8925	407	6	,	,	PUNCT
ejge-8925	407	7	&	&	CCONJ
ejge-8925	407	8	kamin	kamin	PROPN
ejge-8925	407	9	s.b	s.b	PROPN
ejge-8925	407	10	.	.	PROPN
ejge-8925	407	11	(	(	PUNCT
ejge-8925	407	12	2007	2007	NUM
ejge-8925	407	13	)	)	PUNCT
ejge-8925	407	14	.	.	PUNCT
ejge-8925	408	1	explaining	explain	VERB
ejge-8925	408	2	the	the	DET
ejge-8925	408	3	global	global	ADJ
ejge-8925	408	4	pattern	pattern	NOUN
ejge-8925	408	5	of	of	ADP
ejge-8925	408	6	current	current	ADJ
ejge-8925	408	7	account	account	NOUN
ejge-8925	408	8	imbalances	imbalance	NOUN
ejge-8925	408	9	.	.	PUNCT
ejge-8925	409	1	journal	journal	PROPN
ejge-8925	409	2	of	of	ADP
ejge-8925	409	3	international	international	ADJ
ejge-8925	409	4	money	money	NOUN
ejge-8925	409	5	and	and	CCONJ
ejge-8925	409	6	finance	finance	NOUN
ejge-8925	409	7	,	,	PUNCT
ejge-8925	409	8	26(4	26(4	NUM
ejge-8925	409	9	)	)	PUNCT
ejge-8925	409	10	,	,	PUNCT
ejge-8925	409	11	500	500	NUM
ejge-8925	409	12	-	-	SYM
ejge-8925	409	13	522	522	NUM
ejge-8925	409	14	.	.	PUNCT
ejge-8925	410	1	https://doi.org/10.1016/j.jimonfin.2007.03.003	https://doi.org/10.1016/j.jimonfin.2007.03.003	PROPN
ejge-8925	410	2	herrman	herrman	PROPN
ejge-8925	410	3	,	,	PUNCT
ejge-8925	410	4	s.	s.	PROPN
ejge-8925	410	5	&	&	CCONJ
ejge-8925	410	6	winker	winker	PROPN
ejge-8925	410	7	,	,	PUNCT
ejge-8925	410	8	a.	a.	NOUN
ejge-8925	410	9	(	(	PUNCT
ejge-8925	410	10	2008	2008	NUM
ejge-8925	410	11	)	)	PUNCT
ejge-8925	410	12	.	.	PUNCT
ejge-8925	411	1	real	real	ADJ
ejge-8925	411	2	convergence	convergence	NOUN
ejge-8925	411	3	,	,	PUNCT
ejge-8925	411	4	financial	financial	ADJ
ejge-8925	411	5	markets	market	NOUN
ejge-8925	411	6	,	,	PUNCT
ejge-8925	411	7	and	and	CCONJ
ejge-8925	411	8	the	the	DET
ejge-8925	411	9	current	current	ADJ
ejge-8925	411	10	account	account	NOUN
ejge-8925	411	11	:	:	PUNCT
ejge-8925	411	12	emerging	emerge	VERB
ejge-8925	411	13	europe	europe	PROPN
ejge-8925	411	14	versus	versus	ADP
ejge-8925	411	15	emerging	emerge	VERB
ejge-8925	411	16	asia	asia	PROPN
ejge-8925	411	17	,	,	PUNCT
ejge-8925	411	18	ecb	ecb	NOUN
ejge-8925	411	19	working	working	NOUN
ejge-8925	411	20	paper	paper	PROPN
ejge-8925	412	1	no	no	INTJ
ejge-8925	412	2	.	.	PROPN
ejge-8925	412	3	88	88	NUM
ejge-8925	412	4	.	.	PUNCT
ejge-8925	413	1	https://doi.org/10.2139/ssrn.1084928	https://doi.org/10.2139/ssrn.1084928	PROPN
ejge-8925	413	2	herrmann	herrmann	PROPN
ejge-8925	413	3	,	,	PUNCT
ejge-8925	413	4	s.	s.	PROPN
ejge-8925	413	5	,	,	PUNCT
ejge-8925	413	6	&	&	CCONJ
ejge-8925	413	7	jochem	jochem	PROPN
ejge-8925	413	8	,	,	PUNCT
ejge-8925	413	9	a.	a.	NOUN
ejge-8925	413	10	(	(	PUNCT
ejge-8925	413	11	2005	2005	NUM
ejge-8925	413	12	)	)	PUNCT
ejge-8925	413	13	.	.	PUNCT
ejge-8925	414	1	determinants	determinant	NOUN
ejge-8925	414	2	of	of	ADP
ejge-8925	414	3	current	current	ADJ
ejge-8925	414	4	account	account	NOUN
ejge-8925	414	5	developments	development	NOUN
ejge-8925	414	6	in	in	ADP
ejge-8925	414	7	the	the	DET
ejge-8925	414	8	central	central	ADJ
ejge-8925	414	9	and	and	CCONJ
ejge-8925	414	10	east	east	PROPN
ejge-8925	414	11	european	european	PROPN
ejge-8925	414	12	eu	eu	PROPN
ejge-8925	414	13	member	member	PROPN
ejge-8925	414	14	states	state	NOUN
ejge-8925	414	15	consequences	consequence	VERB
ejge-8925	414	16	for	for	ADP
ejge-8925	414	17	the	the	DET
ejge-8925	414	18	enlargement	enlargement	NOUN
ejge-8925	414	19	of	of	ADP
ejge-8925	414	20	the	the	DET
ejge-8925	414	21	euro	euro	PROPN
ejge-8925	414	22	area	area	NOUN
ejge-8925	414	23	.	.	PUNCT
ejge-8925	415	1	discussion	discussion	NOUN
ejge-8925	415	2	paper	paper	NOUN
ejge-8925	415	3	series	series	NOUN
ejge-8925	415	4	1	1	NUM
ejge-8925	415	5	:	:	PUNCT
ejge-8925	415	6	economic	economic	ADJ
ejge-8925	415	7	studies	study	NOUN
ejge-8925	415	8	,	,	PUNCT
ejge-8925	415	9	32	32	NUM
ejge-8925	415	10	,	,	PUNCT
ejge-8925	415	11	deutsche	deutsche	PROPN
ejge-8925	415	12	bundesbank	bundesbank	PROPN
ejge-8925	415	13	.	.	PUNCT
ejge-8925	416	1	https://doi.org/10.2139/ssrn.2785215	https://doi.org/10.2139/ssrn.2785215	PROPN
ejge-8925	416	2	huchet	huchet	NOUN
ejge-8925	416	3	-	-	PUNCT
ejge-8925	416	4	bourdon	bourdon	PROPN
ejge-8925	416	5	,	,	PUNCT
ejge-8925	416	6	&	&	CCONJ
ejge-8925	416	7	m.	m.	NOUN
ejge-8925	416	8	,	,	PUNCT
ejge-8925	416	9	korinek	korinek	PROPN
ejge-8925	416	10	.	.	PUNCT
ejge-8925	417	1	j.	j.	PROPN
ejge-8925	417	2	(	(	PUNCT
ejge-8925	417	3	2011	2011	NUM
ejge-8925	417	4	)	)	PUNCT
ejge-8925	417	5	.	.	PUNCT
ejge-8925	418	1	to	to	ADP
ejge-8925	418	2	what	what	DET
ejge-8925	418	3	extent	extent	NOUN
ejge-8925	418	4	do	do	AUX
ejge-8925	418	5	exchange	exchange	NOUN
ejge-8925	418	6	rates	rate	NOUN
ejge-8925	418	7	and	and	CCONJ
ejge-8925	418	8	their	their	PRON
ejge-8925	418	9	volatility	volatility	NOUN
ejge-8925	418	10	affect	affect	VERB
ejge-8925	418	11	trade	trade	NOUN
ejge-8925	418	12	?	?	PUNCT
ejge-8925	419	1	oecd	oecd	PROPN
ejge-8925	419	2	trade	trade	NOUN
ejge-8925	419	3	policy	policy	NOUN
ejge-8925	419	4	papers	paper	NOUN
ejge-8925	419	5	,	,	PUNCT
ejge-8925	419	6	no	no	INTJ
ejge-8925	419	7	.	.	NOUN
ejge-8925	420	1	119	119	NUM
ejge-8925	420	2	.	.	PUNCT
ejge-8925	421	1	oecd	oecd	PROPN
ejge-8925	421	2	publishing	publishing	PROPN
ejge-8925	421	3	,	,	PUNCT
ejge-8925	421	4	paris	paris	PROPN
ejge-8925	421	5	.	.	PUNCT
ejge-8925	422	1	i	i	PRON
ejge-8925	422	2	m	m	PROPN
ejge-8925	422	3	,	,	PUNCT
ejge-8925	422	4	k.s	k.s	PROPN
ejge-8925	422	5	.	.	PROPN
ejge-8925	422	6	,	,	PUNCT
ejge-8925	422	7	pesaran	pesaran	VERB
ejge-8925	422	8	,	,	PUNCT
ejge-8925	422	9	m.h	m.h	PROPN
ejge-8925	422	10	.	.	PROPN
ejge-8925	422	11	,	,	PUNCT
ejge-8925	422	12	&	&	CCONJ
ejge-8925	422	13	shin	shin	PROPN
ejge-8925	422	14	.	.	PUNCT
ejge-8925	423	1	y.	y.	PROPN
ejge-8925	423	2	(	(	PUNCT
ejge-8925	423	3	2003	2003	NUM
ejge-8925	423	4	)	)	PUNCT
ejge-8925	423	5	.	.	PUNCT
ejge-8925	424	1	testing	test	VERB
ejge-8925	424	2	for	for	ADP
ejge-8925	424	3	unit	unit	NOUN
ejge-8925	424	4	roots	root	NOUN
ejge-8925	424	5	in	in	ADP
ejge-8925	424	6	heterogeneous	heterogeneous	ADJ
ejge-8925	424	7	panels	panel	NOUN
ejge-8925	424	8	.	.	PUNCT
ejge-8925	425	1	journal	journal	PROPN
ejge-8925	425	2	of	of	ADP
ejge-8925	425	3	econometrics	econometric	NOUN
ejge-8925	425	4	,	,	PUNCT
ejge-8925	425	5	115(1	115(1	NUM
ejge-8925	425	6	)	)	PUNCT
ejge-8925	425	7	,	,	PUNCT
ejge-8925	425	8	53	53	NUM
ejge-8925	425	9	-	-	SYM
ejge-8925	425	10	74	74	NUM
ejge-8925	425	11	.	.	PUNCT
ejge-8925	426	1	https://doi.org/10.1016/s0304-4076(03)00092-7	https://doi.org/10.1016/s0304-4076(03)00092-7	PROPN
ejge-8925	426	2	iqbal	iqbal	PROPN
ejge-8925	426	3	,	,	PUNCT
ejge-8925	426	4	b.	b.	PROPN
ejge-8925	426	5	a.	a.	PROPN
ejge-8925	426	6	,	,	PUNCT
ejge-8925	426	7	rahman	rahman	PROPN
ejge-8925	426	8	,	,	PUNCT
ejge-8925	426	9	m.	m.	NOUN
ejge-8925	426	10	n.	n.	PROPN
ejge-8925	426	11	,	,	PUNCT
ejge-8925	426	12	&	&	CCONJ
ejge-8925	426	13	turay	turay	ADV
ejge-8925	426	14	,	,	PUNCT
ejge-8925	426	15	a.	a.	NOUN
ejge-8925	426	16	(	(	PUNCT
ejge-8925	426	17	2017	2017	NUM
ejge-8925	426	18	)	)	PUNCT
ejge-8925	426	19	.	.	PUNCT
ejge-8925	427	1	indo	indo	PROPN
ejge-8925	427	2	-	-	PUNCT
ejge-8925	427	3	us	us	PROPN
ejge-8925	427	4	bilateral	bilateral	ADJ
ejge-8925	427	5	fdi	fdi	PROPN
ejge-8925	427	6	and	and	CCONJ
ejge-8925	427	7	current	current	ADJ
ejge-8925	427	8	account	account	NOUN
ejge-8925	427	9	balance	balance	NOUN
ejge-8925	427	10	:	:	PUNCT
ejge-8925	427	11	developing	develop	VERB
ejge-8925	427	12	causal	causal	ADJ
ejge-8925	427	13	relationship	relationship	NOUN
ejge-8925	427	14	.	.	PUNCT
ejge-8925	428	1	academic	academic	ADJ
ejge-8925	428	2	journal	journal	NOUN
ejge-8925	428	3	of	of	ADP
ejge-8925	428	4	interdisciplinary	interdisciplinary	ADJ
ejge-8925	428	5	studies	study	NOUN
ejge-8925	428	6	,	,	PUNCT
ejge-8925	428	7	6(1	6(1	NUM
ejge-8925	428	8	)	)	PUNCT
ejge-8925	428	9	,	,	PUNCT
ejge-8925	428	10	129	129	NUM
ejge-8925	428	11	.	.	PUNCT
ejge-8925	429	1	https://doi.org/10.5901/ajis.2017.v6n1p129	https://doi.org/10.5901/ajis.2017.v6n1p129	PROPN
ejge-8925	429	2	iyke	iyke	PROPN
ejge-8925	429	3	b.n	b.n	PROPN
ejge-8925	429	4	.	.	PROPN
ejge-8925	429	5	,	,	PUNCT
ejge-8925	429	6	&	&	CCONJ
ejge-8925	429	7	ho	ho	PROPN
ejge-8925	429	8	s	s	PROPN
ejge-8925	429	9	-	-	PROPN
ejge-8925	429	10	y.	y.	NOUN
ejge-8925	429	11	(	(	PUNCT
ejge-8925	429	12	2017	2017	NUM
ejge-8925	429	13	)	)	PUNCT
ejge-8925	429	14	.	.	PUNCT
ejge-8925	430	1	the	the	DET
ejge-8925	430	2	real	real	ADJ
ejge-8925	430	3	exchange	exchange	NOUN
ejge-8925	430	4	rate	rate	NOUN
ejge-8925	430	5	,	,	PUNCT
ejge-8925	430	6	the	the	DET
ejge-8925	430	7	ghanaian	ghanaian	ADJ
ejge-8925	430	8	trade	trade	NOUN
ejge-8925	430	9	balance	balance	NOUN
ejge-8925	430	10	,	,	PUNCT
ejge-8925	430	11	and	and	CCONJ
ejge-8925	430	12	the	the	DET
ejge-8925	430	13	jcurve	jcurve	NOUN
ejge-8925	430	14	.	.	PUNCT
ejge-8925	431	1	journal	journal	PROPN
ejge-8925	431	2	of	of	ADP
ejge-8925	431	3	african	african	ADJ
ejge-8925	431	4	business	business	NOUN
ejge-8925	431	5	,	,	PUNCT
ejge-8925	431	6	18(3	18(3	NUM
ejge-8925	431	7	):	):	PUNCT
ejge-8925	431	8	380	380	NUM
ejge-8925	431	9	-	-	SYM
ejge-8925	431	10	392	392	NUM
ejge-8925	431	11	.	.	PUNCT
ejge-8925	432	1	https://doi.org/10.1080/15228916.2017.1315706	https://doi.org/10.1080/15228916.2017.1315706	PROPN
ejge-8925	432	2	kalou	kalou	PROPN
ejge-8925	432	3	,	,	PUNCT
ejge-8925	432	4	s.	s.	PROPN
ejge-8925	432	5	,	,	PUNCT
ejge-8925	432	6	&	&	CCONJ
ejge-8925	432	7	paleologou	paleologou	VERB
ejge-8925	432	8	s.m	s.m	PROPN
ejge-8925	432	9	.	.	PUNCT
ejge-8925	433	1	(	(	PUNCT
ejge-8925	433	2	2012	2012	NUM
ejge-8925	433	3	)	)	PUNCT
ejge-8925	433	4	.	.	PUNCT
ejge-8925	434	1	the	the	DET
ejge-8925	434	2	twin	twin	ADJ
ejge-8925	434	3	deficits	deficit	NOUN
ejge-8925	434	4	hypothesis	hypothesis	NOUN
ejge-8925	434	5	:	:	PUNCT
ejge-8925	434	6	revisiting	revisit	VERB
ejge-8925	434	7	an	an	DET
ejge-8925	434	8	emu	emu	PROPN
ejge-8925	434	9	country	country	NOUN
ejge-8925	434	10	.	.	PUNCT
ejge-8925	435	1	journal	journal	PROPN
ejge-8925	435	2	of	of	ADP
ejge-8925	435	3	policy	policy	NOUN
ejge-8925	435	4	modeling	modeling	NOUN
ejge-8925	435	5	,	,	PUNCT
ejge-8925	435	6	34(2	34(2	NUM
ejge-8925	435	7	):	):	PUNCT
ejge-8925	435	8	230	230	NUM
ejge-8925	435	9	-	-	SYM
ejge-8925	435	10	41	41	NUM
ejge-8925	435	11	.	.	PUNCT
ejge-8925	436	1	https://doi.org/10.1016/j.jpolmod.2011.06.002	https://doi.org/10.1016/j.jpolmod.2011.06.002	NUM
ejge-8925	436	2	kandil	kandil	NOUN
ejge-8925	436	3	,	,	PUNCT
ejge-8925	436	4	m.	m.	NOUN
ejge-8925	436	5	(	(	PUNCT
ejge-8925	436	6	2009	2009	NUM
ejge-8925	436	7	)	)	PUNCT
ejge-8925	436	8	.	.	PUNCT
ejge-8925	437	1	exchange	exchange	NOUN
ejge-8925	437	2	rate	rate	NOUN
ejge-8925	437	3	fluctuations	fluctuation	NOUN
ejge-8925	437	4	and	and	CCONJ
ejge-8925	437	5	the	the	DET
ejge-8925	437	6	balance	balance	NOUN
ejge-8925	437	7	of	of	ADP
ejge-8925	437	8	payments	payment	NOUN
ejge-8925	437	9	:	:	PUNCT
ejge-8925	437	10	channels	channel	NOUN
ejge-8925	437	11	of	of	ADP
ejge-8925	437	12	interaction	interaction	NOUN
ejge-8925	437	13	in	in	ADP
ejge-8925	437	14	developing	develop	VERB
ejge-8925	437	15	and	and	CCONJ
ejge-8925	437	16	developed	developed	ADJ
ejge-8925	437	17	countries	country	NOUN
ejge-8925	437	18	.	.	PUNCT
ejge-8925	438	1	journal	journal	NOUN
ejge-8925	438	2	of	of	ADP
ejge-8925	438	3	economic	economic	ADJ
ejge-8925	438	4	integration	integration	NOUN
ejge-8925	438	5	,	,	PUNCT
ejge-8925	438	6	24(1	24(1	NUM
ejge-8925	438	7	):	):	PUNCT
ejge-8925	438	8	151	151	NUM
ejge-8925	438	9	-	-	SYM
ejge-8925	438	10	174	174	NUM
ejge-8925	438	11	.	.	PUNCT
ejge-8925	439	1	https://doi.org/10.11130/jei.2009.24.1.151	https://doi.org/10.11130/jei.2009.24.1.151	ADP
ejge-8925	439	2	https://ec.europa.eu/trade/policy/countries-and-regions/countries/united-states/	https://ec.europa.eu/trade/policy/countries-and-regions/countries/united-states/	NUM
ejge-8925	439	3	https://doi.org/10.1093/wber/9.2.305	https://doi.org/10.1093/wber/9.2.305	NOUN
ejge-8925	439	4	https://doi.org/10.1016/0304-3932(94)01181-9	https://doi.org/10.1016/0304-3932(94)01181-9	NOUN
ejge-8925	439	5	https://doi.org/10.1016/0304-3932(94)01181-9	https://doi.org/10.1016/0304-3932(94)01181-9	NUM
ejge-8925	439	6	https://doi.org/10.1016/0304-3932(83)90038-7	https://doi.org/10.1016/0304-3932(83)90038-7	ADJ
ejge-8925	439	7	https://doi.org/10.1016/j.jimonfin.2007.03.003	https://doi.org/10.1016/j.jimonfin.2007.03.003	ADJ
ejge-8925	439	8	https://doi.org/10.2139/ssrn.1084928	https://doi.org/10.2139/ssrn.1084928	NOUN
ejge-8925	439	9	https://doi.org/10.2139/ssrn.2785215	https://doi.org/10.2139/ssrn.2785215	VERB
ejge-8925	439	10	https://doi.org/10.1016/s0304-4076(03)00092-7	https://doi.org/10.1016/s0304-4076(03)00092-7	PROPN
ejge-8925	439	11	https://doi.org/10.5901/ajis.2017.v6n1p129	https://doi.org/10.5901/ajis.2017.v6n1p129	NUM
ejge-8925	439	12	https://doi.org/10.1080/15228916.2017.1315706	https://doi.org/10.1080/15228916.2017.1315706	PUNCT
ejge-8925	440	1	https://doi.org/10.11130/jei.2009.24.1.151	https://doi.org/10.11130/jei.2009.24.1.151	PROPN
ejge-8925	440	2	gerassimos	gerassimos	PROPN
ejge-8925	440	3	bertsatos	bertsatos	PROPN
ejge-8925	440	4	/	/	SYM
ejge-8925	440	5	european	european	PROPN
ejge-8925	440	6	journal	journal	PROPN
ejge-8925	440	7	of	of	ADP
ejge-8925	440	8	government	government	NOUN
ejge-8925	440	9	and	and	CCONJ
ejge-8925	440	10	economics	economic	NOUN
ejge-8925	440	11	11(2	11(2	NUM
ejge-8925	440	12	)	)	PUNCT
ejge-8925	440	13	,	,	PUNCT
ejge-8925	440	14	december	december	PROPN
ejge-8925	440	15	2022	2022	NUM
ejge-8925	440	16	,	,	PUNCT
ejge-8925	440	17	141	141	NUM
ejge-8925	440	18	-	-	SYM
ejge-8925	440	19	166	166	NUM
ejge-8925	440	20	160	160	NUM
ejge-8925	440	21	kraay	kraay	ADJ
ejge-8925	440	22	,	,	PUNCT
ejge-8925	440	23	a.	a.	NOUN
ejge-8925	440	24	,	,	PUNCT
ejge-8925	440	25	&	&	CCONJ
ejge-8925	440	26	ventura	ventura	PROPN
ejge-8925	440	27	,	,	PUNCT
ejge-8925	440	28	j.	j.	PROPN
ejge-8925	440	29	,	,	PUNCT
ejge-8925	440	30	(	(	PUNCT
ejge-8925	440	31	2000	2000	NUM
ejge-8925	440	32	)	)	PUNCT
ejge-8925	440	33	.	.	PUNCT
ejge-8925	441	1	current	current	ADJ
ejge-8925	441	2	accounts	account	NOUN
ejge-8925	441	3	in	in	ADP
ejge-8925	441	4	debtor	debtor	NOUN
ejge-8925	441	5	and	and	CCONJ
ejge-8925	441	6	creditor	creditor	NOUN
ejge-8925	441	7	countries	country	NOUN
ejge-8925	441	8	.	.	PUNCT
ejge-8925	442	1	the	the	DET
ejge-8925	442	2	quarterly	quarterly	ADJ
ejge-8925	442	3	journal	journal	NOUN
ejge-8925	442	4	of	of	ADP
ejge-8925	442	5	economics	economic	NOUN
ejge-8925	442	6	,	,	PUNCT
ejge-8925	442	7	115(4	115(4	NUM
ejge-8925	442	8	)	)	PUNCT
ejge-8925	442	9	,	,	PUNCT
ejge-8925	442	10	1137	1137	NUM
ejge-8925	442	11	-	-	SYM
ejge-8925	442	12	66	66	NUM
ejge-8925	442	13	.	.	PUNCT
ejge-8925	443	1	https://doi.org/10.1162/003355300555033	https://doi.org/10.1162/003355300555033	NOUN
ejge-8925	443	2	falk	falk	NOUN
ejge-8925	443	3	,	,	PUNCT
ejge-8925	443	4	m.	m.	NOUN
ejge-8925	443	5	(	(	PUNCT
ejge-8925	443	6	2008	2008	NUM
ejge-8925	443	7	)	)	PUNCT
ejge-8925	443	8	.	.	PUNCT
ejge-8925	444	1	determinants	determinant	NOUN
ejge-8925	444	2	of	of	ADP
ejge-8925	444	3	the	the	DET
ejge-8925	444	4	trade	trade	NOUN
ejge-8925	444	5	balance	balance	NOUN
ejge-8925	444	6	in	in	ADP
ejge-8925	444	7	industrialized	industrialize	VERB
ejge-8925	444	8	countries	country	NOUN
ejge-8925	444	9	,	,	PUNCT
ejge-8925	444	10	countries	country	NOUN
ejge-8925	444	11	.	.	PUNCT
ejge-8925	445	1	wifostudies	wifostudie	NOUN
ejge-8925	445	2	,	,	PUNCT
ejge-8925	445	3	wifo	wifo	ADJ
ejge-8925	445	4	,	,	PUNCT
ejge-8925	445	5	number	number	NOUN
ejge-8925	445	6	34230	34230	NUM
ejge-8925	445	7	,	,	PUNCT
ejge-8925	445	8	june	june	PROPN
ejge-8925	445	9	.	.	PUNCT
ejge-8925	446	1	lane	lane	PROPN
ejge-8925	446	2	,	,	PUNCT
ejge-8925	446	3	p.	p.	PROPN
ejge-8925	446	4	r.	r.	PROPN
ejge-8925	446	5	,	,	PUNCT
ejge-8925	446	6	&	&	CCONJ
ejge-8925	446	7	milesi	milesi	PROPN
ejge-8925	446	8	-	-	PUNCT
ejge-8925	446	9	ferretti	ferretti	PROPN
ejge-8925	446	10	.	.	PUNCT
ejge-8925	447	1	g.m	g.m	PROPN
ejge-8925	447	2	.	.	PUNCT
ejge-8925	447	3	(	(	PUNCT
ejge-8925	447	4	2002	2002	NUM
ejge-8925	447	5	)	)	PUNCT
ejge-8925	447	6	.	.	PUNCT
ejge-8925	448	1	external	external	ADJ
ejge-8925	448	2	wealth	wealth	NOUN
ejge-8925	448	3	,	,	PUNCT
ejge-8925	448	4	the	the	DET
ejge-8925	448	5	trade	trade	NOUN
ejge-8925	448	6	balance	balance	NOUN
ejge-8925	448	7	,	,	PUNCT
ejge-8925	448	8	and	and	CCONJ
ejge-8925	448	9	the	the	DET
ejge-8925	448	10	real	real	ADJ
ejge-8925	448	11	exchange	exchange	NOUN
ejge-8925	448	12	rate	rate	NOUN
ejge-8925	448	13	.	.	PUNCT
ejge-8925	449	1	european	european	ADJ
ejge-8925	449	2	economic	economic	PROPN
ejge-8925	449	3	review	review	PROPN
ejge-8925	449	4	,	,	PUNCT
ejge-8925	449	5	46(6	46(6	NOUN
ejge-8925	449	6	)	)	PUNCT
ejge-8925	449	7	,	,	PUNCT
ejge-8925	449	8	1049	1049	NUM
ejge-8925	449	9	-	-	SYM
ejge-8925	449	10	71	71	NUM
ejge-8925	449	11	.	.	PUNCT
ejge-8925	450	1	https://doi.org/10.1016/s00142921(02)00160-5	https://doi.org/10.1016/s00142921(02)00160-5	PROPN
ejge-8925	450	2	lars	lars	PROPN
ejge-8925	450	3	e.	e.	PROPN
ejge-8925	450	4	o.	o.	PROPN
ejge-8925	450	5	s.	s.	PROPN
ejge-8925	450	6	,	,	PUNCT
ejge-8925	450	7	&	&	CCONJ
ejge-8925	450	8	razin	razin	PROPN
ejge-8925	450	9	,	,	PUNCT
ejge-8925	450	10	a.	a.	NOUN
ejge-8925	450	11	(	(	PUNCT
ejge-8925	450	12	1983	1983	NUM
ejge-8925	450	13	)	)	PUNCT
ejge-8925	450	14	.	.	PUNCT
ejge-8925	451	1	the	the	DET
ejge-8925	451	2	terms	term	NOUN
ejge-8925	451	3	of	of	ADP
ejge-8925	451	4	trade	trade	NOUN
ejge-8925	451	5	and	and	CCONJ
ejge-8925	451	6	the	the	DET
ejge-8925	451	7	current	current	ADJ
ejge-8925	451	8	account	account	NOUN
ejge-8925	451	9	:	:	PUNCT
ejge-8925	451	10	the	the	DET
ejge-8925	451	11	harbergerlaursen	harbergerlaursen	NOUN
ejge-8925	451	12	-	-	PUNCT
ejge-8925	451	13	metzler	metzler	NOUN
ejge-8925	451	14	effect	effect	NOUN
ejge-8925	451	15	.	.	PUNCT
ejge-8925	452	1	journal	journal	NOUN
ejge-8925	452	2	of	of	ADP
ejge-8925	452	3	political	political	ADJ
ejge-8925	452	4	economy	economy	NOUN
ejge-8925	452	5	,	,	PUNCT
ejge-8925	452	6	91(1	91(1	NUM
ejge-8925	452	7	)	)	PUNCT
ejge-8925	452	8	,	,	PUNCT
ejge-8925	452	9	97	97	NUM
ejge-8925	452	10	-	-	SYM
ejge-8925	452	11	125	125	NUM
ejge-8925	452	12	.	.	PUNCT
ejge-8925	453	1	https://doi.org/10.1086/261130	https://doi.org/10.1086/261130	PROPN
ejge-8925	453	2	leiderman	leiderman	PROPN
ejge-8925	453	3	,	,	PUNCT
ejge-8925	453	4	l.	l.	PROPN
ejge-8925	453	5	,	,	PUNCT
ejge-8925	453	6	&	&	CCONJ
ejge-8925	453	7	razin	razin	PROPN
ejge-8925	453	8	,	,	PUNCT
ejge-8925	453	9	a.	a.	NOUN
ejge-8925	453	10	(	(	PUNCT
ejge-8925	453	11	1991	1991	NUM
ejge-8925	453	12	)	)	PUNCT
ejge-8925	453	13	.	.	PUNCT
ejge-8925	454	1	determinants	determinant	NOUN
ejge-8925	454	2	of	of	ADP
ejge-8925	454	3	external	external	ADJ
ejge-8925	454	4	imbalances	imbalance	NOUN
ejge-8925	454	5	:	:	PUNCT
ejge-8925	454	6	the	the	DET
ejge-8925	454	7	role	role	NOUN
ejge-8925	454	8	of	of	ADP
ejge-8925	454	9	taxes	taxis	NOUN
ejge-8925	454	10	,	,	PUNCT
ejge-8925	454	11	government	government	NOUN
ejge-8925	454	12	spending	spending	NOUN
ejge-8925	454	13	,	,	PUNCT
ejge-8925	454	14	and	and	CCONJ
ejge-8925	454	15	productivity	productivity	NOUN
ejge-8925	454	16	.	.	PUNCT
ejge-8925	455	1	journal	journal	NOUN
ejge-8925	455	2	of	of	ADP
ejge-8925	455	3	the	the	DET
ejge-8925	455	4	japanese	japanese	ADJ
ejge-8925	455	5	and	and	CCONJ
ejge-8925	455	6	international	international	ADJ
ejge-8925	455	7	economies	economy	NOUN
ejge-8925	455	8	,	,	PUNCT
ejge-8925	455	9	5(4	5(4	NUM
ejge-8925	455	10	)	)	PUNCT
ejge-8925	455	11	,	,	PUNCT
ejge-8925	455	12	421	421	NUM
ejge-8925	455	13	-	-	SYM
ejge-8925	455	14	50	50	NUM
ejge-8925	455	15	.	.	PUNCT
ejge-8925	456	1	https://doi.org/10.3386/w3738	https://doi.org/10.3386/w3738	PROPN
ejge-8925	456	2	levin	levin	PROPN
ejge-8925	456	3	,	,	PUNCT
ejge-8925	456	4	a.	a.	PROPN
ejge-8925	456	5	,	,	PUNCT
ejge-8925	456	6	lin	lin	PROPN
ejge-8925	456	7	,	,	PUNCT
ejge-8925	456	8	c	c	PROPN
ejge-8925	456	9	-	-	PUNCT
ejge-8925	456	10	f.	f.	PROPN
ejge-8925	456	11	,	,	PUNCT
ejge-8925	456	12	&	&	CCONJ
ejge-8925	456	13	chu	chu	PROPN
ejge-8925	456	14	c	c	PROPN
ejge-8925	456	15	-	-	PUNCT
ejge-8925	456	16	s.j	s.j	PROPN
ejge-8925	456	17	.	.	PUNCT
ejge-8925	456	18	(	(	PUNCT
ejge-8925	456	19	2002	2002	NUM
ejge-8925	456	20	)	)	PUNCT
ejge-8925	456	21	.	.	PUNCT
ejge-8925	457	1	unit	unit	NOUN
ejge-8925	457	2	root	root	NOUN
ejge-8925	457	3	tests	test	NOUN
ejge-8925	457	4	in	in	ADP
ejge-8925	457	5	panel	panel	NOUN
ejge-8925	457	6	data	datum	NOUN
ejge-8925	457	7	:	:	PUNCT
ejge-8925	457	8	asymptotic	asymptotic	ADJ
ejge-8925	457	9	and	and	CCONJ
ejge-8925	457	10	finitesample	finitesample	NOUN
ejge-8925	457	11	properties	property	NOUN
ejge-8925	457	12	.	.	PUNCT
ejge-8925	458	1	journal	journal	PROPN
ejge-8925	458	2	of	of	ADP
ejge-8925	458	3	econometrics	econometric	NOUN
ejge-8925	458	4	,	,	PUNCT
ejge-8925	458	5	108(1	108(1	NUM
ejge-8925	458	6	):	):	PUNCT
ejge-8925	458	7	1	1	NUM
ejge-8925	458	8	-	-	SYM
ejge-8925	458	9	24	24	NUM
ejge-8925	458	10	.	.	PUNCT
ejge-8925	459	1	https://doi.org/10.1016/s03044076(01)00098-7	https://doi.org/10.1016/s03044076(01)00098-7	PROPN
ejge-8925	459	2	medina	medina	PROPN
ejge-8925	459	3	l.	l.	PROPN
ejge-8925	459	4	,	,	PUNCT
ejge-8925	459	5	prat	prat	NOUN
ejge-8925	459	6	j.	j.	PROPN
ejge-8925	459	7	,	,	PUNCT
ejge-8925	459	8	&	&	CCONJ
ejge-8925	459	9	thomas	thomas	PROPN
ejge-8925	459	10	a.	a.	PROPN
ejge-8925	459	11	h.	h.	PROPN
ejge-8925	459	12	(	(	PUNCT
ejge-8925	459	13	2010	2010	NUM
ejge-8925	459	14	)	)	PUNCT
ejge-8925	459	15	.	.	PUNCT
ejge-8925	460	1	current	current	ADJ
ejge-8925	460	2	account	account	NOUN
ejge-8925	460	3	balance	balance	NOUN
ejge-8925	460	4	estimates	estimate	NOUN
ejge-8925	460	5	for	for	ADP
ejge-8925	460	6	emerging	emerge	VERB
ejge-8925	460	7	market	market	NOUN
ejge-8925	460	8	economies	economy	NOUN
ejge-8925	460	9	.	.	PUNCT
ejge-8925	461	1	imf	imf	PROPN
ejge-8925	461	2	working	working	PROPN
ejge-8925	461	3	papers	paper	NOUN
ejge-8925	461	4	no	no	INTJ
ejge-8925	461	5	.	.	NOUN
ejge-8925	462	1	43	43	NUM
ejge-8925	462	2	:	:	PUNCT
ejge-8925	462	3	1	1	NUM
ejge-8925	462	4	-	-	SYM
ejge-8925	462	5	22	22	NUM
ejge-8925	462	6	.	.	PUNCT
ejge-8925	463	1	https://doi.org/10.5089/9781451962994.001	https://doi.org/10.5089/9781451962994.001	X
ejge-8925	463	2	mendoza	mendoza	PROPN
ejge-8925	463	3	,	,	PUNCT
ejge-8925	463	4	e.	e.	PROPN
ejge-8925	463	5	(	(	PUNCT
ejge-8925	463	6	1991	1991	NUM
ejge-8925	463	7	)	)	PUNCT
ejge-8925	463	8	.	.	PUNCT
ejge-8925	464	1	real	real	ADJ
ejge-8925	464	2	business	business	NOUN
ejge-8925	464	3	cycles	cycle	NOUN
ejge-8925	464	4	in	in	ADP
ejge-8925	464	5	a	a	DET
ejge-8925	464	6	small	small	ADJ
ejge-8925	464	7	open	open	ADJ
ejge-8925	464	8	economy	economy	NOUN
ejge-8925	464	9	.	.	PUNCT
ejge-8925	464	10	"	"	PUNCT
ejge-8925	465	1	american	american	PROPN
ejge-8925	465	2	economic	economic	PROPN
ejge-8925	465	3	review	review	NOUN
ejge-8925	465	4	81(4	81(4	NUM
ejge-8925	465	5	):	):	PUNCT
ejge-8925	465	6	797	797	NUM
ejge-8925	465	7	-	-	SYM
ejge-8925	465	8	818	818	NUM
ejge-8925	465	9	.	.	PUNCT
ejge-8925	466	1	mendoza	mendoza	PROPN
ejge-8925	466	2	,	,	PUNCT
ejge-8925	466	3	e.	e.	PROPN
ejge-8925	466	4	(	(	PUNCT
ejge-8925	466	5	1995	1995	NUM
ejge-8925	466	6	)	)	PUNCT
ejge-8925	466	7	.	.	PUNCT
ejge-8925	467	1	the	the	DET
ejge-8925	467	2	terms	term	NOUN
ejge-8925	467	3	of	of	ADP
ejge-8925	467	4	trade	trade	NOUN
ejge-8925	467	5	,	,	PUNCT
ejge-8925	467	6	the	the	DET
ejge-8925	467	7	real	real	ADJ
ejge-8925	467	8	exchange	exchange	NOUN
ejge-8925	467	9	rate	rate	NOUN
ejge-8925	467	10	,	,	PUNCT
ejge-8925	467	11	and	and	CCONJ
ejge-8925	467	12	economic	economic	ADJ
ejge-8925	467	13	fluctuations	fluctuation	NOUN
ejge-8925	467	14	.	.	PUNCT
ejge-8925	468	1	international	international	ADJ
ejge-8925	468	2	economic	economic	ADJ
ejge-8925	468	3	review	review	NOUN
ejge-8925	468	4	,	,	PUNCT
ejge-8925	468	5	36(1	36(1	NUM
ejge-8925	468	6	):	):	PUNCT
ejge-8925	468	7	101	101	NUM
ejge-8925	468	8	-	-	SYM
ejge-8925	468	9	37	37	NUM
ejge-8925	468	10	.	.	PUNCT
ejge-8925	469	1	https://doi.org/10.2307/2527429	https://doi.org/10.2307/2527429	ADJ
ejge-8925	469	2	milesi	milesi	NOUN
ejge-8925	469	3	-	-	PUNCT
ejge-8925	469	4	ferrett	ferrett	NOUN
ejge-8925	469	5	,	,	PUNCT
ejge-8925	469	6	g.	g.	PROPN
ejge-8925	469	7	m.	m.	PROPN
ejge-8925	469	8	,	,	PUNCT
ejge-8925	469	9	&	&	CCONJ
ejge-8925	469	10	razin	razin	PROPN
ejge-8925	469	11	,	,	PUNCT
ejge-8925	469	12	a.	a.	NOUN
ejge-8925	469	13	(	(	PUNCT
ejge-8925	469	14	1996	1996	NUM
ejge-8925	469	15	)	)	PUNCT
ejge-8925	469	16	.	.	PUNCT
ejge-8925	470	1	sustainability	sustainability	NOUN
ejge-8925	470	2	of	of	ADP
ejge-8925	470	3	persistent	persistent	ADJ
ejge-8925	470	4	current	current	ADJ
ejge-8925	470	5	account	account	NOUN
ejge-8925	470	6	deficits	deficit	NOUN
ejge-8925	470	7	,	,	PUNCT
ejge-8925	470	8	no	no	INTJ
ejge-8925	470	9	.	.	NOUN
ejge-8925	470	10	5467	5467	NUM
ejge-8925	470	11	,	,	PUNCT
ejge-8925	470	12	nber	nber	PROPN
ejge-8925	470	13	working	working	PROPN
ejge-8925	470	14	papers	paper	NOUN
ejge-8925	470	15	,	,	PUNCT
ejge-8925	470	16	national	national	ADJ
ejge-8925	470	17	bureau	bureau	PROPN
ejge-8925	470	18	of	of	ADP
ejge-8925	470	19	economic	economic	ADJ
ejge-8925	470	20	research	research	PROPN
ejge-8925	470	21	,	,	PUNCT
ejge-8925	470	22	inc	inc	PROPN
ejge-8925	470	23	.	.	PROPN
ejge-8925	471	1	https://doi.org/10.3386/w5467	https://doi.org/10.3386/w5467	NUM
ejge-8925	471	2	nieminen	nieminen	NOUN
ejge-8925	471	3	,	,	PUNCT
ejge-8925	471	4	m.	m.	NOUN
ejge-8925	471	5	(	(	PUNCT
ejge-8925	471	6	2015	2015	NUM
ejge-8925	471	7	)	)	PUNCT
ejge-8925	471	8	.	.	PUNCT
ejge-8925	472	1	trade	trade	NOUN
ejge-8925	472	2	imbalances	imbalance	NOUN
ejge-8925	472	3	within	within	ADP
ejge-8925	472	4	the	the	DET
ejge-8925	472	5	euro	euro	NOUN
ejge-8925	472	6	area	area	NOUN
ejge-8925	472	7	and	and	CCONJ
ejge-8925	472	8	with	with	ADP
ejge-8925	472	9	respect	respect	NOUN
ejge-8925	472	10	to	to	ADP
ejge-8925	472	11	the	the	DET
ejge-8925	472	12	rest	rest	NOUN
ejge-8925	472	13	of	of	ADP
ejge-8925	472	14	the	the	DET
ejge-8925	472	15	world	world	NOUN
ejge-8925	472	16	.	.	PUNCT
ejge-8925	473	1	economic	economic	ADJ
ejge-8925	473	2	modelling	modelling	NOUN
ejge-8925	473	3	,	,	PUNCT
ejge-8925	473	4	48	48	NUM
ejge-8925	473	5	:	:	SYM
ejge-8925	473	6	306	306	NUM
ejge-8925	473	7	-	-	SYM
ejge-8925	473	8	314	314	NUM
ejge-8925	473	9	.	.	PUNCT
ejge-8925	474	1	https://doi.org/10.1016/j.econmod.2014.10.012	https://doi.org/10.1016/j.econmod.2014.10.012	PROPN
ejge-8925	474	2	nuroglu	nuroglu	PROPN
ejge-8925	474	3	,	,	PUNCT
ejge-8925	474	4	e.	e.	PROPN
ejge-8925	474	5	,	,	PUNCT
ejge-8925	474	6	&	&	CCONJ
ejge-8925	474	7	fomonikunst	fomonikunst	PROPN
ejge-8925	474	8	,	,	PUNCT
ejge-8925	474	9	r.m	r.m	PROPN
ejge-8925	474	10	.	.	PROPN
ejge-8925	474	11	(	(	PUNCT
ejge-8925	474	12	2012	2012	NUM
ejge-8925	474	13	)	)	PUNCT
ejge-8925	474	14	.	.	PUNCT
ejge-8925	475	1	the	the	DET
ejge-8925	475	2	effects	effect	NOUN
ejge-8925	475	3	of	of	ADP
ejge-8925	475	4	exchange	exchange	NOUN
ejge-8925	475	5	rate	rate	NOUN
ejge-8925	475	6	volatility	volatility	NOUN
ejge-8925	475	7	on	on	ADP
ejge-8925	475	8	international	international	ADJ
ejge-8925	475	9	trade	trade	NOUN
ejge-8925	475	10	flows	flow	NOUN
ejge-8925	475	11	:	:	PUNCT
ejge-8925	475	12	evidence	evidence	NOUN
ejge-8925	475	13	from	from	ADP
ejge-8925	475	14	panel	panel	NOUN
ejge-8925	475	15	data	datum	NOUN
ejge-8925	475	16	analysis	analysis	NOUN
ejge-8925	475	17	and	and	CCONJ
ejge-8925	475	18	fuzzy	fuzzy	ADJ
ejge-8925	475	19	approach	approach	NOUN
ejge-8925	475	20	.	.	PUNCT
ejge-8925	476	1	zbornik	zbornik	PROPN
ejge-8925	476	2	radova	radova	PROPN
ejge-8925	476	3	ekonomskog	ekonomskog	PROPN
ejge-8925	476	4	fakulteta	fakulteta	ADJ
ejge-8925	476	5	u	u	NOUN
ejge-8925	476	6	rijeci	rijeci	NOUN
ejge-8925	476	7	:	:	PUNCT
ejge-8925	476	8	časopis	časopis	PROPN
ejge-8925	476	9	za	za	PROPN
ejge-8925	476	10	ekonomsku	ekonomsku	PROPN
ejge-8925	476	11	teoriju	teoriju	NOUN
ejge-8925	477	1	i	i	PRON
ejge-8925	477	2	praksu	praksu	ADJ
ejge-8925	477	3	,	,	PUNCT
ejge-8925	477	4	30(1	30(1	NUM
ejge-8925	477	5	):	):	PUNCT
ejge-8925	477	6	9	9	NUM
ejge-8925	477	7	-	-	SYM
ejge-8925	477	8	31	31	NUM
ejge-8925	477	9	.	.	PUNCT
ejge-8925	478	1	obstfeld	obstfeld	VERB
ejge-8925	478	2	,	,	PUNCT
ejge-8925	478	3	m.	m.	NOUN
ejge-8925	478	4	,	,	PUNCT
ejge-8925	478	5	&	&	CCONJ
ejge-8925	478	6	rogoff	rogoff	PROPN
ejge-8925	478	7	k.	k.	PROPN
ejge-8925	478	8	(	(	PUNCT
ejge-8925	478	9	1995	1995	NUM
ejge-8925	478	10	)	)	PUNCT
ejge-8925	478	11	.	.	PUNCT
ejge-8925	479	1	the	the	DET
ejge-8925	479	2	intertemporal	intertemporal	ADJ
ejge-8925	479	3	approach	approach	NOUN
ejge-8925	479	4	to	to	ADP
ejge-8925	479	5	the	the	DET
ejge-8925	479	6	current	current	ADJ
ejge-8925	479	7	account	account	NOUN
ejge-8925	479	8	.	.	PUNCT
ejge-8925	480	1	in	in	ADP
ejge-8925	480	2	grossman	grossman	PROPN
ejge-8925	480	3	,	,	PUNCT
ejge-8925	480	4	g.m	g.m	PROPN
ejge-8925	480	5	.	.	PROPN
ejge-8925	480	6	,	,	PUNCT
ejge-8925	480	7	rogoff	rogoff	PROPN
ejge-8925	480	8	,	,	PUNCT
ejge-8925	480	9	k.	k.	PROPN
ejge-8925	480	10	(	(	PUNCT
ejge-8925	480	11	eds	eds	PROPN
ejge-8925	480	12	.	.	PUNCT
ejge-8925	480	13	)	)	PUNCT
ejge-8925	480	14	handbook	handbook	NOUN
ejge-8925	480	15	of	of	ADP
ejge-8925	480	16	international	international	ADJ
ejge-8925	480	17	economics	economic	NOUN
ejge-8925	480	18	,	,	PUNCT
ejge-8925	480	19	vol	vol	NOUN
ejge-8925	480	20	.	.	PROPN
ejge-8925	481	1	3	3	NUM
ejge-8925	481	2	,	,	PUNCT
ejge-8925	481	3	northholland	northholland	NOUN
ejge-8925	481	4	,	,	PUNCT
ejge-8925	481	5	1731	1731	NUM
ejge-8925	481	6	-	-	SYM
ejge-8925	481	7	1799	1799	NUM
ejge-8925	481	8	.	.	PUNCT
ejge-8925	482	1	https://doi.org/10.1016/s1573-4404(05)80014-0	https://doi.org/10.1016/s1573-4404(05)80014-0	PROPN
ejge-8925	482	2	organisation	organisation	NOUN
ejge-8925	482	3	for	for	ADP
ejge-8925	482	4	economic	economic	ADJ
ejge-8925	482	5	co	co	NOUN
ejge-8925	482	6	-	-	NOUN
ejge-8925	482	7	operation	operation	NOUN
ejge-8925	482	8	and	and	CCONJ
ejge-8925	482	9	development	development	NOUN
ejge-8925	482	10	(	(	PUNCT
ejge-8925	482	11	oecd	oecd	PROPN
ejge-8925	482	12	)	)	PUNCT
ejge-8925	482	13	(	(	PUNCT
ejge-8925	482	14	2020	2020	NUM
ejge-8925	482	15	)	)	PUNCT
ejge-8925	482	16	.	.	PUNCT
ejge-8925	483	1	trade	trade	NOUN
ejge-8925	483	2	in	in	ADP
ejge-8925	483	3	services	service	NOUN
ejge-8925	483	4	by	by	ADP
ejge-8925	483	5	partner	partner	NOUN
ejge-8925	483	6	economy	economy	NOUN
ejge-8925	483	7	,	,	PUNCT
ejge-8925	483	8	paris	paris	PROPN
ejge-8925	483	9	:	:	PUNCT
ejge-8925	483	10	oecd	oecd	PROPN
ejge-8925	483	11	publications	publication	NOUN
ejge-8925	483	12	.	.	PUNCT
ejge-8925	483	13	organisation	organisation	NOUN
ejge-8925	483	14	for	for	ADP
ejge-8925	483	15	economic	economic	ADJ
ejge-8925	483	16	co	co	NOUN
ejge-8925	483	17	-	-	NOUN
ejge-8925	483	18	operation	operation	NOUN
ejge-8925	483	19	and	and	CCONJ
ejge-8925	483	20	development	development	NOUN
ejge-8925	483	21	(	(	PUNCT
ejge-8925	483	22	oecd	oecd	PROPN
ejge-8925	483	23	)	)	PUNCT
ejge-8925	483	24	(	(	PUNCT
ejge-8925	483	25	2020	2020	NUM
ejge-8925	483	26	)	)	PUNCT
ejge-8925	483	27	.	.	PUNCT
ejge-8925	484	1	inflation	inflation	NOUN
ejge-8925	484	2	(	(	PUNCT
ejge-8925	484	3	cpi	cpi	PROPN
ejge-8925	484	4	)	)	PUNCT
ejge-8925	484	5	(	(	PUNCT
ejge-8925	484	6	indicator	indicator	NOUN
ejge-8925	484	7	)	)	PUNCT
ejge-8925	484	8	.	.	PUNCT
ejge-8925	485	1	paris	paris	PROPN
ejge-8925	485	2	:	:	PUNCT
ejge-8925	486	1	oecd	oecd	PROPN
ejge-8925	486	2	publications	publication	NOUN
ejge-8925	486	3	.	.	PUNCT
ejge-8925	487	1	https://doi.org/10.1787/eee82e6e-en	https://doi.org/10.1787/eee82e6e-en	ADJ
ejge-8925	487	2	organisation	organisation	NOUN
ejge-8925	487	3	for	for	ADP
ejge-8925	487	4	economic	economic	ADJ
ejge-8925	487	5	co	co	NOUN
ejge-8925	487	6	-	-	NOUN
ejge-8925	487	7	operation	operation	NOUN
ejge-8925	487	8	and	and	CCONJ
ejge-8925	487	9	development	development	NOUN
ejge-8925	487	10	(	(	PUNCT
ejge-8925	487	11	oecd	oecd	PROPN
ejge-8925	487	12	)	)	PUNCT
ejge-8925	487	13	(	(	PUNCT
ejge-8925	487	14	2020	2020	NUM
ejge-8925	487	15	)	)	PUNCT
ejge-8925	487	16	.	.	PUNCT
ejge-8925	488	1	short	short	ADJ
ejge-8925	488	2	-	-	PUNCT
ejge-8925	488	3	term	term	NOUN
ejge-8925	488	4	interest	interest	NOUN
ejge-8925	488	5	rates	rate	NOUN
ejge-8925	488	6	(	(	PUNCT
ejge-8925	488	7	indicator	indicator	NOUN
ejge-8925	488	8	)	)	PUNCT
ejge-8925	488	9	.	.	PUNCT
ejge-8925	489	1	paris	paris	PROPN
ejge-8925	489	2	:	:	PUNCT
ejge-8925	490	1	oecd	oecd	PROPN
ejge-8925	490	2	publications	publication	NOUN
ejge-8925	490	3	.	.	PUNCT
ejge-8925	491	1	https://doi.org/10.1787/2cc37d77-en	https://doi.org/10.1787/2cc37d77-en	PROPN
ejge-8925	491	2	https://doi.org/10.1016/s0014-2921(02)00160-5	https://doi.org/10.1016/s0014-2921(02)00160-5	PROPN
ejge-8925	491	3	https://doi.org/10.1016/s0014-2921(02)00160-5	https://doi.org/10.1016/s0014-2921(02)00160-5	PROPN
ejge-8925	491	4	https://doi.org/10.1086/261130	https://doi.org/10.1086/261130	PROPN
ejge-8925	491	5	https://doi.org/10.3386/w3738	https://doi.org/10.3386/w3738	PROPN
ejge-8925	491	6	https://doi.org/10.1016/s0304-4076(01)00098-7	https://doi.org/10.1016/s0304-4076(01)00098-7	PROPN
ejge-8925	491	7	https://doi.org/10.1016/s0304-4076(01)00098-7	https://doi.org/10.1016/s0304-4076(01)00098-7	PROPN
ejge-8925	491	8	https://doi.org/10.2307/2527429	https://doi.org/10.2307/2527429	PROPN
ejge-8925	491	9	https://doi.org/10.3386/w5467	https://doi.org/10.3386/w5467	NUM
ejge-8925	491	10	https://doi.org/10.1016/j.econmod.2014.10.012	https://doi.org/10.1016/j.econmod.2014.10.012	ADJ
ejge-8925	491	11	https://doi.org/10.1016/s1573-4404(05)80014-0	https://doi.org/10.1016/s1573-4404(05)80014-0	NOUN
ejge-8925	491	12	https://doi.org/10.1787/eee82e6e-en	https://doi.org/10.1787/eee82e6e-en	PROPN
ejge-8925	491	13	https://doi.org/10.1787/2cc37d77-en	https://doi.org/10.1787/2cc37d77-en	PROPN
ejge-8925	491	14	gerassimos	gerassimos	NOUN
ejge-8925	491	15	bertsatos	bertsatos	PROPN
ejge-8925	491	16	/	/	SYM
ejge-8925	491	17	european	european	PROPN
ejge-8925	491	18	journal	journal	PROPN
ejge-8925	491	19	of	of	ADP
ejge-8925	491	20	government	government	NOUN
ejge-8925	491	21	and	and	CCONJ
ejge-8925	491	22	economics	economic	NOUN
ejge-8925	491	23	11(2	11(2	NUM
ejge-8925	491	24	)	)	PUNCT
ejge-8925	491	25	,	,	PUNCT
ejge-8925	491	26	december	december	PROPN
ejge-8925	491	27	2022	2022	NUM
ejge-8925	491	28	,	,	PUNCT
ejge-8925	491	29	141	141	NUM
ejge-8925	491	30	-	-	SYM
ejge-8925	491	31	166	166	NUM
ejge-8925	491	32	161	161	NUM
ejge-8925	491	33	organisation	organisation	NOUN
ejge-8925	491	34	for	for	ADP
ejge-8925	491	35	economic	economic	ADJ
ejge-8925	491	36	co	co	NOUN
ejge-8925	491	37	-	-	NOUN
ejge-8925	491	38	operation	operation	NOUN
ejge-8925	491	39	and	and	CCONJ
ejge-8925	491	40	development	development	NOUN
ejge-8925	491	41	(	(	PUNCT
ejge-8925	491	42	oecd	oecd	PROPN
ejge-8925	491	43	)	)	PUNCT
ejge-8925	491	44	(	(	PUNCT
ejge-8925	491	45	2020	2020	NUM
ejge-8925	491	46	)	)	PUNCT
ejge-8925	491	47	.	.	PUNCT
ejge-8925	492	1	gross	gross	ADJ
ejge-8925	492	2	domestic	domestic	ADJ
ejge-8925	492	3	product	product	NOUN
ejge-8925	492	4	expenditure	expenditure	NOUN
ejge-8925	492	5	approach	approach	NOUN
ejge-8925	492	6	,	,	PUNCT
ejge-8925	492	7	paris	paris	PROPN
ejge-8925	492	8	:	:	PUNCT
ejge-8925	492	9	oecd	oecd	PROPN
ejge-8925	492	10	publications	publication	NOUN
ejge-8925	492	11	.	.	PUNCT
ejge-8925	492	12	organisation	organisation	NOUN
ejge-8925	492	13	for	for	ADP
ejge-8925	492	14	economic	economic	ADJ
ejge-8925	492	15	co	co	NOUN
ejge-8925	492	16	-	-	NOUN
ejge-8925	492	17	operation	operation	NOUN
ejge-8925	492	18	and	and	CCONJ
ejge-8925	492	19	development	development	NOUN
ejge-8925	492	20	(	(	PUNCT
ejge-8925	492	21	oecd	oecd	PROPN
ejge-8925	492	22	)	)	PUNCT
ejge-8925	492	23	(	(	PUNCT
ejge-8925	492	24	2020	2020	NUM
ejge-8925	492	25	)	)	PUNCT
ejge-8925	492	26	.	.	PUNCT
ejge-8925	493	1	balance	balance	NOUN
ejge-8925	493	2	of	of	ADP
ejge-8925	493	3	payments	payment	NOUN
ejge-8925	493	4	balance	balance	NOUN
ejge-8925	493	5	on	on	ADP
ejge-8925	493	6	goods	good	NOUN
ejge-8925	493	7	,	,	PUNCT
ejge-8925	493	8	paris	paris	PROPN
ejge-8925	493	9	:	:	PUNCT
ejge-8925	493	10	oecd	oecd	PROPN
ejge-8925	493	11	publications	publication	NOUN
ejge-8925	493	12	.	.	PUNCT
ejge-8925	494	1	omoniyi	omoniyi	NOUN
ejge-8925	494	2	,	,	PUNCT
ejge-8925	494	3	o.	o.	PROPN
ejge-8925	494	4	s.	s.	PROPN
ejge-8925	494	5	,	,	PUNCT
ejge-8925	494	6	olasunkanmi	olasunkanmi	PROPN
ejge-8925	494	7	,	,	PUNCT
ejge-8925	494	8	o.i	o.i	PROPN
ejge-8925	494	9	.	.	PROPN
ejge-8925	494	10	,	,	PUNCT
ejge-8925	494	11	&	&	CCONJ
ejge-8925	494	12	babatunde	babatunde	PROPN
ejge-8925	494	13	o.a	o.a	PROPN
ejge-8925	494	14	.	.	PROPN
ejge-8925	495	1	(	(	PUNCT
ejge-8925	495	2	2012	2012	NUM
ejge-8925	495	3	)	)	PUNCT
ejge-8925	495	4	.	.	PUNCT
ejge-8925	496	1	empirical	empirical	ADJ
ejge-8925	496	2	analysis	analysis	NOUN
ejge-8925	496	3	of	of	ADP
ejge-8925	496	4	twins	twin	NOUN
ejge-8925	496	5	'	'	PART
ejge-8925	496	6	deficits	deficit	NOUN
ejge-8925	496	7	in	in	ADP
ejge-8925	496	8	nigeria	nigeria	PROPN
ejge-8925	496	9	.	.	PUNCT
ejge-8925	496	10	"	"	PUNCT
ejge-8925	497	1	ijmbs	ijmbs	PROPN
ejge-8925	497	2	.	.	PUNCT
ejge-8925	498	1	2(3	2(3	NUM
ejge-8925	498	2	):	):	PUNCT
ejge-8925	498	3	38	38	NUM
ejge-8925	498	4	-	-	SYM
ejge-8925	498	5	41	41	NUM
ejge-8925	498	6	.	.	PUNCT
ejge-8925	499	1	osoro	osoro	PROPN
ejge-8925	499	2	,	,	PUNCT
ejge-8925	499	3	k.	k.	PROPN
ejge-8925	499	4	o.	o.	PROPN
ejge-8925	499	5	,	,	PUNCT
ejge-8925	499	6	gor	gor	PROPN
ejge-8925	499	7	,	,	PUNCT
ejge-8925	499	8	s.o	s.o	PROPN
ejge-8925	499	9	.	.	PROPN
ejge-8925	499	10	,	,	PUNCT
ejge-8925	499	11	&	&	CCONJ
ejge-8925	499	12	mbithi	mbithi	PROPN
ejge-8925	499	13	m.l	m.l	PROPN
ejge-8925	499	14	.	.	PUNCT
ejge-8925	499	15	(	(	PUNCT
ejge-8925	499	16	2014	2014	NUM
ejge-8925	499	17	)	)	PUNCT
ejge-8925	499	18	.	.	PUNCT
ejge-8925	500	1	the	the	DET
ejge-8925	500	2	twin	twin	ADJ
ejge-8925	500	3	deficit	deficit	NOUN
ejge-8925	500	4	and	and	CCONJ
ejge-8925	500	5	the	the	DET
ejge-8925	500	6	macroeconomic	macroeconomic	ADJ
ejge-8925	500	7	variables	variable	NOUN
ejge-8925	500	8	in	in	ADP
ejge-8925	500	9	kenya	kenya	PROPN
ejge-8925	500	10	.	.	PUNCT
ejge-8925	501	1	international	international	ADJ
ejge-8925	501	2	journal	journal	PROPN
ejge-8925	501	3	for	for	ADP
ejge-8925	501	4	innovation	innovation	NOUN
ejge-8925	501	5	education	education	NOUN
ejge-8925	501	6	and	and	CCONJ
ejge-8925	501	7	research	research	NOUN
ejge-8925	501	8	,	,	PUNCT
ejge-8925	501	9	2(9	2(9	NUM
ejge-8925	501	10	)	)	PUNCT
ejge-8925	501	11	,	,	PUNCT
ejge-8925	501	12	64	64	NUM
ejge-8925	501	13	-	-	SYM
ejge-8925	501	14	84	84	NUM
ejge-8925	501	15	.	.	PUNCT
ejge-8925	502	1	https://doi.org/10.31686/ijier.vol2.iss9.239	https://doi.org/10.31686/ijier.vol2.iss9.239	PROPN
ejge-8925	502	2	pesaran	pesaran	ADJ
ejge-8925	502	3	,	,	PUNCT
ejge-8925	502	4	m.	m.	PROPN
ejge-8925	502	5	h.	h.	PROPN
ejge-8925	502	6	,	,	PUNCT
ejge-8925	502	7	shin	shin	PROPN
ejge-8925	502	8	,	,	PUNCT
ejge-8925	502	9	y.	y.	PROPN
ejge-8925	502	10	,	,	PUNCT
ejge-8925	502	11	&	&	CCONJ
ejge-8925	502	12	smith	smith	PROPN
ejge-8925	502	13	.	.	PUNCT
ejge-8925	503	1	r.p	r.p	PROPN
ejge-8925	503	2	.	.	PUNCT
ejge-8925	503	3	(	(	PUNCT
ejge-8925	503	4	1999	1999	NUM
ejge-8925	503	5	)	)	PUNCT
ejge-8925	503	6	.	.	PUNCT
ejge-8925	504	1	pooled	pool	VERB
ejge-8925	504	2	mean	mean	PROPN
ejge-8925	504	3	group	group	NOUN
ejge-8925	504	4	estimation	estimation	NOUN
ejge-8925	504	5	of	of	ADP
ejge-8925	504	6	dynamic	dynamic	ADJ
ejge-8925	504	7	heterogeneous	heterogeneous	ADJ
ejge-8925	504	8	panels	panel	NOUN
ejge-8925	504	9	.	.	PUNCT
ejge-8925	505	1	journal	journal	NOUN
ejge-8925	505	2	of	of	ADP
ejge-8925	505	3	the	the	DET
ejge-8925	505	4	american	american	PROPN
ejge-8925	505	5	statistical	statistical	PROPN
ejge-8925	505	6	association	association	NOUN
ejge-8925	505	7	,	,	PUNCT
ejge-8925	505	8	94(446	94(446	NOUN
ejge-8925	505	9	)	)	PUNCT
ejge-8925	505	10	,	,	PUNCT
ejge-8925	505	11	621	621	NUM
ejge-8925	505	12	-	-	SYM
ejge-8925	505	13	634	634	NUM
ejge-8925	505	14	.	.	PUNCT
ejge-8925	506	1	https://doi.org/10.1080/01621459.1999.10474156	https://doi.org/10.1080/01621459.1999.10474156	PROPN
ejge-8925	506	2	purwono	purwono	PROPN
ejge-8925	506	3	,	,	PUNCT
ejge-8925	506	4	r.	r.	PROPN
ejge-8925	506	5	,	,	PUNCT
ejge-8925	506	6	mucha	mucha	PROPN
ejge-8925	506	7	,	,	PUNCT
ejge-8925	506	8	k.	k.	PROPN
ejge-8925	506	9	,	,	PUNCT
ejge-8925	506	10	&	&	CCONJ
ejge-8925	506	11	mubin	mubin	PROPN
ejge-8925	506	12	,	,	PUNCT
ejge-8925	506	13	m.	m.	PROPN
ejge-8925	506	14	k.	k.	PROPN
ejge-8925	506	15	(	(	PUNCT
ejge-8925	506	16	2018	2018	NUM
ejge-8925	506	17	)	)	PUNCT
ejge-8925	506	18	.	.	PUNCT
ejge-8925	507	1	the	the	DET
ejge-8925	507	2	dynamics	dynamic	NOUN
ejge-8925	507	3	of	of	ADP
ejge-8925	507	4	indonesia	indonesia	PROPN
ejge-8925	507	5	's	's	PART
ejge-8925	507	6	current	current	ADJ
ejge-8925	507	7	account	account	NOUN
ejge-8925	507	8	deficit	deficit	NOUN
ejge-8925	507	9	:	:	PUNCT
ejge-8925	507	10	analysis	analysis	NOUN
ejge-8925	507	11	of	of	ADP
ejge-8925	507	12	the	the	DET
ejge-8925	507	13	impact	impact	NOUN
ejge-8925	507	14	of	of	ADP
ejge-8925	507	15	exchange	exchange	NOUN
ejge-8925	507	16	rate	rate	NOUN
ejge-8925	507	17	volatility	volatility	NOUN
ejge-8925	507	18	.	.	PUNCT
ejge-8925	508	1	the	the	DET
ejge-8925	508	2	journal	journal	NOUN
ejge-8925	508	3	of	of	ADP
ejge-8925	508	4	asian	asian	ADJ
ejge-8925	508	5	finance	finance	NOUN
ejge-8925	508	6	,	,	PUNCT
ejge-8925	508	7	economics	economic	NOUN
ejge-8925	508	8	and	and	CCONJ
ejge-8925	508	9	business	business	NOUN
ejge-8925	508	10	,	,	PUNCT
ejge-8925	508	11	5(2	5(2	NUM
ejge-8925	508	12	)	)	PUNCT
ejge-8925	508	13	,	,	PUNCT
ejge-8925	508	14	25	25	NUM
ejge-8925	508	15	-	-	SYM
ejge-8925	508	16	33	33	NUM
ejge-8925	508	17	.	.	PUNCT
ejge-8925	509	1	https://doi.org/10.13106/jafeb.2018.vol5.no2.25	https://doi.org/10.13106/jafeb.2018.vol5.no2.25	PROPN
ejge-8925	509	2	ratha	ratha	PROPN
ejge-8925	509	3	,	,	PUNCT
ejge-8925	509	4	a.	a.	NOUN
ejge-8925	509	5	(	(	PUNCT
ejge-8925	509	6	2012	2012	NUM
ejge-8925	509	7	)	)	PUNCT
ejge-8925	509	8	.	.	PUNCT
ejge-8925	510	1	twin	twin	ADJ
ejge-8925	510	2	deficits	deficit	NOUN
ejge-8925	510	3	or	or	CCONJ
ejge-8925	510	4	distant	distant	ADJ
ejge-8925	510	5	cousins	cousin	NOUN
ejge-8925	510	6	?	?	PUNCT
ejge-8925	511	1	evidence	evidence	NOUN
ejge-8925	511	2	from	from	ADP
ejge-8925	511	3	india	india	PROPN
ejge-8925	511	4	.	.	PUNCT
ejge-8925	512	1	south	south	PROPN
ejge-8925	512	2	asia	asia	PROPN
ejge-8925	512	3	economic	economic	PROPN
ejge-8925	512	4	journal	journal	PROPN
ejge-8925	512	5	,	,	PUNCT
ejge-8925	512	6	13(1	13(1	NUM
ejge-8925	512	7	)	)	PUNCT
ejge-8925	512	8	,	,	PUNCT
ejge-8925	512	9	51	51	NUM
ejge-8925	512	10	-	-	SYM
ejge-8925	512	11	68	68	NUM
ejge-8925	512	12	.	.	PUNCT
ejge-8925	512	13	https://doi.org/10.1177/139156141101300103	https://doi.org/10.1177/139156141101300103	NOUN
ejge-8925	512	14	rubaszek	rubaszek	ADJ
ejge-8925	512	15	m.	m.	NOUN
ejge-8925	512	16	,	,	PUNCT
ejge-8925	512	17	kolasa	kolasa	PROPN
ejge-8925	512	18	m.	m.	NOUN
ejge-8925	512	19	,	,	PUNCT
ejge-8925	512	20	&	&	CCONJ
ejge-8925	512	21	taglioni	taglioni	PROPN
ejge-8925	512	22	,	,	PUNCT
ejge-8925	512	23	d.	d.	PROPN
ejge-8925	512	24	(	(	PUNCT
ejge-8925	512	25	2010	2010	NUM
ejge-8925	512	26	)	)	PUNCT
ejge-8925	512	27	.	.	PUNCT
ejge-8925	513	1	firms	firm	NOUN
ejge-8925	513	2	in	in	ADP
ejge-8925	513	3	the	the	DET
ejge-8925	513	4	great	great	ADJ
ejge-8925	513	5	global	global	ADJ
ejge-8925	513	6	recession	recession	NOUN
ejge-8925	513	7	:	:	PUNCT
ejge-8925	513	8	the	the	DET
ejge-8925	513	9	role	role	NOUN
ejge-8925	513	10	of	of	ADP
ejge-8925	513	11	foreign	foreign	ADJ
ejge-8925	513	12	ownership	ownership	NOUN
ejge-8925	513	13	and	and	CCONJ
ejge-8925	513	14	financial	financial	ADJ
ejge-8925	513	15	dependence	dependence	NOUN
ejge-8925	513	16	.	.	PUNCT
ejge-8925	514	1	emerging	emerge	VERB
ejge-8925	514	2	markets	market	NOUN
ejge-8925	514	3	review	review	VERB
ejge-8925	514	4	,	,	PUNCT
ejge-8925	514	5	11(4	11(4	NUM
ejge-8925	514	6	)	)	PUNCT
ejge-8925	514	7	,	,	PUNCT
ejge-8925	514	8	341	341	NUM
ejge-8925	514	9	-	-	SYM
ejge-8925	514	10	357	357	NUM
ejge-8925	514	11	.	.	PUNCT
ejge-8925	515	1	https://doi.org/10.1016/j.ememar.2010.06.001	https://doi.org/10.1016/j.ememar.2010.06.001	ADJ
ejge-8925	515	2	serenis	serenis	PROPN
ejge-8925	515	3	,	,	PUNCT
ejge-8925	515	4	d.	d.	PROPN
ejge-8925	515	5	,	,	PUNCT
ejge-8925	515	6	&	&	CCONJ
ejge-8925	515	7	tsounis	tsounis	PROPN
ejge-8925	515	8	,	,	PUNCT
ejge-8925	515	9	n.	n.	NOUN
ejge-8925	515	10	,	,	PUNCT
ejge-8925	515	11	2012	2012	NUM
ejge-8925	515	12	.	.	PUNCT
ejge-8925	516	1	a	a	DET
ejge-8925	516	2	new	new	ADJ
ejge-8925	516	3	approach	approach	NOUN
ejge-8925	516	4	for	for	ADP
ejge-8925	516	5	measuring	measure	VERB
ejge-8925	516	6	volatility	volatility	NOUN
ejge-8925	516	7	of	of	ADP
ejge-8925	516	8	the	the	DET
ejge-8925	516	9	exchange	exchange	NOUN
ejge-8925	516	10	rate	rate	NOUN
ejge-8925	516	11	.	.	PUNCT
ejge-8925	516	12	"	"	PUNCT
ejge-8925	517	1	procedia	procedia	ADJ
ejge-8925	517	2	economics	economic	NOUN
ejge-8925	517	3	and	and	CCONJ
ejge-8925	517	4	finance	finance	NOUN
ejge-8925	517	5	,	,	PUNCT
ejge-8925	517	6	1	1	NUM
ejge-8925	517	7	,	,	PUNCT
ejge-8925	517	8	374	374	NUM
ejge-8925	517	9	-	-	SYM
ejge-8925	517	10	82	82	NUM
ejge-8925	517	11	.	.	PUNCT
ejge-8925	518	1	https://doi.org/10.1016/s2212-5671(12)000433	https://doi.org/10.1016/s2212-5671(12)000433	PROPN
ejge-8925	518	2	serenis	serenis	PROPN
ejge-8925	518	3	,	,	PUNCT
ejge-8925	518	4	d.	d.	PROPN
ejge-8925	518	5	,	,	PUNCT
ejge-8925	518	6	&	&	CCONJ
ejge-8925	518	7	tsounis	tsounis	PROPN
ejge-8925	518	8	,	,	PUNCT
ejge-8925	518	9	n.	n.	NOUN
ejge-8925	518	10	(	(	PUNCT
ejge-8925	518	11	2015	2015	NUM
ejge-8925	518	12	)	)	PUNCT
ejge-8925	518	13	.	.	PUNCT
ejge-8925	519	1	the	the	DET
ejge-8925	519	2	effects	effect	NOUN
ejge-8925	519	3	of	of	ADP
ejge-8925	519	4	exchange	exchange	NOUN
ejge-8925	519	5	rate	rate	NOUN
ejge-8925	519	6	volatility	volatility	NOUN
ejge-8925	519	7	on	on	ADP
ejge-8925	519	8	sectoral	sectoral	ADJ
ejge-8925	519	9	exports	export	NOUN
ejge-8925	519	10	.	.	PUNCT
ejge-8925	520	1	evidence	evidence	NOUN
ejge-8925	520	2	from	from	ADP
ejge-8925	520	3	sweden	sweden	PROPN
ejge-8925	520	4	,	,	PUNCT
ejge-8925	520	5	the	the	DET
ejge-8925	520	6	u.k	u.k	PROPN
ejge-8925	520	7	.	.	PROPN
ejge-8925	520	8	and	and	CCONJ
ejge-8925	520	9	germany	germany	PROPN
ejge-8925	520	10	.	.	PUNCT
ejge-8925	521	1	international	international	ADJ
ejge-8925	521	2	journal	journal	PROPN
ejge-8925	521	3	of	of	ADP
ejge-8925	521	4	computational	computational	ADJ
ejge-8925	521	5	economics	economic	NOUN
ejge-8925	521	6	and	and	CCONJ
ejge-8925	521	7	econometrics	econometric	NOUN
ejge-8925	521	8	,	,	PUNCT
ejge-8925	521	9	5(1	5(1	NUM
ejge-8925	521	10	):	):	PUNCT
ejge-8925	521	11	71	71	NUM
ejge-8925	521	12	-	-	SYM
ejge-8925	521	13	107	107	NUM
ejge-8925	521	14	.	.	PUNCT
ejge-8925	522	1	https://doi.org/10.1504/ijcee.2015.066204	https://doi.org/10.1504/ijcee.2015.066204	PROPN
ejge-8925	522	2	stockman	stockman	NOUN
ejge-8925	522	3	,	,	PUNCT
ejge-8925	522	4	a.	a.	NOUN
ejge-8925	522	5	(	(	PUNCT
ejge-8925	522	6	1987	1987	NUM
ejge-8925	522	7	)	)	PUNCT
ejge-8925	522	8	.	.	PUNCT
ejge-8925	523	1	the	the	DET
ejge-8925	523	2	equilibrium	equilibrium	NOUN
ejge-8925	523	3	approach	approach	NOUN
ejge-8925	523	4	to	to	ADP
ejge-8925	523	5	exchange	exchange	NOUN
ejge-8925	523	6	rates	rate	NOUN
ejge-8925	523	7	"	"	PUNCT
ejge-8925	523	8	.	.	PUNCT
ejge-8925	524	1	federal	federal	PROPN
ejge-8925	524	2	reserve	reserve	PROPN
ejge-8925	524	3	bank	bank	PROPN
ejge-8925	524	4	of	of	ADP
ejge-8925	524	5	richmond	richmond	PROPN
ejge-8925	524	6	economic	economic	PROPN
ejge-8925	524	7	review	review	PROPN
ejge-8925	524	8	,	,	PUNCT
ejge-8925	524	9	march	march	PROPN
ejge-8925	524	10	-	-	PUNCT
ejge-8925	524	11	april	april	PROPN
ejge-8925	524	12	,	,	PUNCT
ejge-8925	524	13	12	12	NUM
ejge-8925	524	14	-	-	SYM
ejge-8925	524	15	31	31	NUM
ejge-8925	524	16	.	.	PUNCT
ejge-8925	525	1	stöllinger	stöllinger	PROPN
ejge-8925	525	2	,	,	PUNCT
ejge-8925	525	3	r.	r.	PROPN
ejge-8925	525	4	(	(	PUNCT
ejge-8925	525	5	2020	2020	NUM
ejge-8925	525	6	)	)	PUNCT
ejge-8925	525	7	.	.	PUNCT
ejge-8925	526	1	tradability	tradability	NOUN
ejge-8925	526	2	of	of	ADP
ejge-8925	526	3	output	output	NOUN
ejge-8925	526	4	and	and	CCONJ
ejge-8925	526	5	the	the	DET
ejge-8925	526	6	current	current	ADJ
ejge-8925	526	7	account	account	NOUN
ejge-8925	526	8	in	in	ADP
ejge-8925	526	9	europe	europe	PROPN
ejge-8925	526	10	.	.	PUNCT
ejge-8925	527	1	international	international	ADJ
ejge-8925	527	2	economics	economic	NOUN
ejge-8925	527	3	and	and	CCONJ
ejge-8925	527	4	economic	economic	ADJ
ejge-8925	527	5	policy	policy	NOUN
ejge-8925	527	6	,	,	PUNCT
ejge-8925	527	7	17(1	17(1	NUM
ejge-8925	527	8	)	)	PUNCT
ejge-8925	527	9	,	,	PUNCT
ejge-8925	527	10	167	167	NUM
ejge-8925	527	11	-	-	SYM
ejge-8925	527	12	218	218	NUM
ejge-8925	527	13	.	.	PUNCT
ejge-8925	528	1	https://doi.org/10.1007/s10368-019-00449y	https://doi.org/10.1007/s10368-019-00449y	NOUN
ejge-8925	528	2	tornell	tornell	NOUN
ejge-8925	528	3	,	,	PUNCT
ejge-8925	528	4	a.	a.	NOUN
ejge-8925	528	5	,	,	PUNCT
ejge-8925	528	6	&	&	CCONJ
ejge-8925	528	7	lane	lane	PROPN
ejge-8925	528	8	,	,	PUNCT
ejge-8925	528	9	p.r	p.r	PROPN
ejge-8925	528	10	.	.	PROPN
ejge-8925	528	11	,	,	PUNCT
ejge-8925	528	12	1998	1998	NUM
ejge-8925	528	13	.	.	PUNCT
ejge-8925	529	1	are	be	AUX
ejge-8925	529	2	windfalls	windfall	NOUN
ejge-8925	529	3	a	a	DET
ejge-8925	529	4	curse	curse	NOUN
ejge-8925	529	5	?	?	PUNCT
ejge-8925	530	1	a	a	DET
ejge-8925	530	2	non	non	ADJ
ejge-8925	530	3	-	-	ADJ
ejge-8925	530	4	representative	representative	ADJ
ejge-8925	530	5	agent	agent	NOUN
ejge-8925	530	6	model	model	NOUN
ejge-8925	530	7	of	of	ADP
ejge-8925	530	8	the	the	DET
ejge-8925	530	9	current	current	ADJ
ejge-8925	530	10	account	account	NOUN
ejge-8925	530	11	.	.	PUNCT
ejge-8925	531	1	journal	journal	PROPN
ejge-8925	531	2	of	of	ADP
ejge-8925	531	3	international	international	ADJ
ejge-8925	531	4	economics	economic	NOUN
ejge-8925	531	5	,	,	PUNCT
ejge-8925	531	6	44(1	44(1	PROPN
ejge-8925	531	7	):	):	PUNCT
ejge-8925	531	8	83	83	NUM
ejge-8925	531	9	-	-	SYM
ejge-8925	531	10	112	112	NUM
ejge-8925	531	11	.	.	PUNCT
ejge-8925	532	1	https://doi.org/10.1016/s0022-1996(97)00016-0	https://doi.org/10.1016/s0022-1996(97)00016-0	PROPN
ejge-8925	532	2	vieira	vieira	PROPN
ejge-8925	532	3	,	,	PUNCT
ejge-8925	532	4	f.	f.	PROPN
ejge-8925	532	5	v.	v.	PROPN
ejge-8925	532	6	,	,	PUNCT
ejge-8925	532	7	&	&	CCONJ
ejge-8925	532	8	macdonald	macdonald	PROPN
ejge-8925	532	9	.	.	PUNCT
ejge-8925	533	1	r.	r.	PROPN
ejge-8925	533	2	(	(	PUNCT
ejge-8925	533	3	2020	2020	NUM
ejge-8925	533	4	)	)	PUNCT
ejge-8925	533	5	.	.	PUNCT
ejge-8925	534	1	the	the	DET
ejge-8925	534	2	role	role	NOUN
ejge-8925	534	3	of	of	ADP
ejge-8925	534	4	exchange	exchange	NOUN
ejge-8925	534	5	rate	rate	NOUN
ejge-8925	534	6	for	for	ADP
ejge-8925	534	7	current	current	ADJ
ejge-8925	534	8	account	account	NOUN
ejge-8925	534	9	:	:	PUNCT
ejge-8925	534	10	a	a	DET
ejge-8925	534	11	panel	panel	NOUN
ejge-8925	534	12	data	data	VERB
ejge-8925	534	13	analysis	analysis	NOUN
ejge-8925	534	14	.	.	PUNCT
ejge-8925	535	1	economia	economia	NOUN
ejge-8925	535	2	21(1	21(1	NUM
ejge-8925	535	3	):	):	PUNCT
ejge-8925	535	4	57	57	NUM
ejge-8925	535	5	-	-	SYM
ejge-8925	535	6	72	72	NUM
ejge-8925	535	7	.	.	PUNCT
ejge-8925	536	1	https://doi.org/10.1016/j.econ.2020.05.002	https://doi.org/10.1016/j.econ.2020.05.002	NOUN
ejge-8925	536	2	waliullah	waliullah	PROPN
ejge-8925	536	3	,	,	PUNCT
ejge-8925	536	4	m.	m.	NOUN
ejge-8925	536	5	,	,	PUNCT
ejge-8925	536	6	kakar	kakar	PROPN
ejge-8925	536	7	,	,	PUNCT
ejge-8925	536	8	r.	r.	PROPN
ejge-8925	536	9	,	,	PUNCT
ejge-8925	536	10	&	&	CCONJ
ejge-8925	536	11	khan	khan	PROPN
ejge-8925	536	12	,	,	PUNCT
ejge-8925	536	13	w.	w.	PROPN
ejge-8925	536	14	(	(	PUNCT
ejge-8925	536	15	2010	2010	NUM
ejge-8925	536	16	)	)	PUNCT
ejge-8925	536	17	.	.	PUNCT
ejge-8925	537	1	the	the	DET
ejge-8925	537	2	determinants	determinant	NOUN
ejge-8925	537	3	of	of	ADP
ejge-8925	537	4	pakistan	pakistan	PROPN
ejge-8925	537	5	's	's	PART
ejge-8925	537	6	trade	trade	NOUN
ejge-8925	537	7	balance	balance	NOUN
ejge-8925	537	8	:	:	PUNCT
ejge-8925	537	9	an	an	DET
ejge-8925	537	10	ardl	ardl	NOUN
ejge-8925	537	11	cointegration	cointegration	NOUN
ejge-8925	537	12	approach	approach	NOUN
ejge-8925	537	13	.	.	PUNCT
ejge-8925	538	1	the	the	DET
ejge-8925	538	2	lahore	lahore	PROPN
ejge-8925	538	3	journal	journal	PROPN
ejge-8925	538	4	of	of	ADP
ejge-8925	538	5	economics	economic	NOUN
ejge-8925	538	6	,	,	PUNCT
ejge-8925	538	7	15	15	NUM
ejge-8925	538	8	(	(	PUNCT
ejge-8925	538	9	1	1	NUM
ejge-8925	538	10	):	):	PUNCT
ejge-8925	538	11	1	1	NUM
ejge-8925	538	12	-	-	SYM
ejge-8925	538	13	26	26	NUM
ejge-8925	538	14	.	.	PUNCT
ejge-8925	539	1	https://doi.org/10.35536/lje.2010.v15.i1.a1	https://doi.org/10.35536/lje.2010.v15.i1.a1	NOUN
ejge-8925	539	2	https://doi.org/10.31686/ijier.vol2.iss9.239	https://doi.org/10.31686/ijier.vol2.iss9.239	X
ejge-8925	539	3	https://doi.org/10.1080/01621459.1999.10474156	https://doi.org/10.1080/01621459.1999.10474156	NOUN
ejge-8925	539	4	https://doi.org/10.1177/139156141101300103	https://doi.org/10.1177/139156141101300103	NOUN
ejge-8925	539	5	https://doi.org/10.1016/j.ememar.2010.06.001	https://doi.org/10.1016/j.ememar.2010.06.001	NOUN
ejge-8925	539	6	https://doi.org/10.1016/s2212-5671(12)00043-3	https://doi.org/10.1016/s2212-5671(12)00043-3	NOUN
ejge-8925	539	7	https://doi.org/10.1016/s2212-5671(12)00043-3	https://doi.org/10.1016/s2212-5671(12)00043-3	NOUN
ejge-8925	540	1	https://doi.org/10.1007/s10368-019-00449-y	https://doi.org/10.1007/s10368-019-00449-y	INTJ
ejge-8925	540	2	https://doi.org/10.1007/s10368-019-00449-y	https://doi.org/10.1007/s10368-019-00449-y	PROPN
ejge-8925	540	3	https://doi.org/10.1016/s0022-1996(97)00016-0	https://doi.org/10.1016/s0022-1996(97)00016-0	NOUN
ejge-8925	540	4	https://doi.org/10.1016/j.econ.2020.05.002	https://doi.org/10.1016/j.econ.2020.05.002	NOUN
ejge-8925	540	5	https://doi.org/10.35536/lje.2010.v15.i1.a1	https://doi.org/10.35536/lje.2010.v15.i1.a1	PROPN
ejge-8925	540	6	gerassimos	gerassimos	PROPN
ejge-8925	540	7	bertsatos	bertsatos	PROPN
ejge-8925	540	8	/	/	SYM
ejge-8925	540	9	european	european	PROPN
ejge-8925	540	10	journal	journal	PROPN
ejge-8925	540	11	of	of	ADP
ejge-8925	540	12	government	government	NOUN
ejge-8925	540	13	and	and	CCONJ
ejge-8925	540	14	economics	economic	NOUN
ejge-8925	540	15	11(2	11(2	NUM
ejge-8925	540	16	)	)	PUNCT
ejge-8925	540	17	,	,	PUNCT
ejge-8925	540	18	december	december	PROPN
ejge-8925	540	19	2022	2022	NUM
ejge-8925	540	20	,	,	PUNCT
ejge-8925	540	21	141	141	NUM
ejge-8925	540	22	-	-	SYM
ejge-8925	540	23	166	166	NUM
ejge-8925	540	24	162	162	NUM
ejge-8925	540	25	yoshida	yoshida	PROPN
ejge-8925	540	26	y.	y.	PROPN
ejge-8925	540	27	,	,	PUNCT
ejge-8925	540	28	&	&	CCONJ
ejge-8925	540	29	zhai	zhai	PROPN
ejge-8925	540	30	w.	w.	PROPN
ejge-8925	540	31	(	(	PUNCT
ejge-8925	540	32	2021	2021	NUM
ejge-8925	540	33	)	)	PUNCT
ejge-8925	540	34	.	.	PUNCT
ejge-8925	541	1	revisiting	revisit	VERB
ejge-8925	541	2	the	the	DET
ejge-8925	541	3	glick	glick	PROPN
ejge-8925	541	4	-	-	PUNCT
ejge-8925	541	5	rogoff	rogoff	PROPN
ejge-8925	541	6	current	current	ADJ
ejge-8925	541	7	account	account	NOUN
ejge-8925	541	8	model	model	NOUN
ejge-8925	541	9	:	:	PUNCT
ejge-8925	541	10	an	an	DET
ejge-8925	541	11	application	application	NOUN
ejge-8925	541	12	to	to	ADP
ejge-8925	541	13	the	the	DET
ejge-8925	541	14	current	current	ADJ
ejge-8925	541	15	accounts	account	NOUN
ejge-8925	541	16	of	of	ADP
ejge-8925	541	17	brics	bric	NOUN
ejge-8925	541	18	countries	country	NOUN
ejge-8925	541	19	.	.	PUNCT
ejge-8925	542	1	in	in	ADP
ejge-8925	542	2	:	:	PUNCT
ejge-8925	542	3	dufrénot	dufrénot	NOUN
ejge-8925	542	4	g.	g.	PROPN
ejge-8925	542	5	,	,	PUNCT
ejge-8925	542	6	matsuki	matsuki	ADJ
ejge-8925	542	7	t.	t.	PROPN
ejge-8925	542	8	(	(	PUNCT
ejge-8925	542	9	eds	ed	NOUN
ejge-8925	542	10	)	)	PUNCT
ejge-8925	542	11	recent	recent	ADJ
ejge-8925	542	12	econometric	econometric	ADJ
ejge-8925	542	13	techniques	technique	NOUN
ejge-8925	542	14	for	for	ADP
ejge-8925	542	15	macroeconomic	macroeconomic	ADJ
ejge-8925	542	16	and	and	CCONJ
ejge-8925	542	17	financial	financial	ADJ
ejge-8925	542	18	data	datum	NOUN
ejge-8925	542	19	.	.	PUNCT
ejge-8925	543	1	dynamic	dynamic	ADJ
ejge-8925	543	2	modeling	modeling	NOUN
ejge-8925	543	3	and	and	CCONJ
ejge-8925	543	4	econometrics	econometric	NOUN
ejge-8925	543	5	in	in	ADP
ejge-8925	543	6	economics	economic	NOUN
ejge-8925	543	7	and	and	CCONJ
ejge-8925	543	8	finance	finance	NOUN
ejge-8925	543	9	,	,	PUNCT
ejge-8925	543	10	vol	vol	NOUN
ejge-8925	543	11	27	27	NUM
ejge-8925	543	12	.	.	PUNCT
ejge-8925	544	1	https://doi.org/10.1007/978-3-030-542528_10	https://doi.org/10.1007/978-3-030-542528_10	PROPN
ejge-8925	544	2	https://doi.org/10.1007/978-3-030-54252-8_10	https://doi.org/10.1007/978-3-030-54252-8_10	PROPN
ejge-8925	544	3	https://doi.org/10.1007/978-3-030-54252-8_10	https://doi.org/10.1007/978-3-030-54252-8_10	PROPN
ejge-8925	544	4	gerassimos	gerassimos	PROPN
ejge-8925	544	5	bertsatos	bertsatos	PROPN
ejge-8925	544	6	/	/	SYM
ejge-8925	544	7	european	european	PROPN
ejge-8925	544	8	journal	journal	PROPN
ejge-8925	544	9	of	of	ADP
ejge-8925	544	10	government	government	NOUN
ejge-8925	544	11	and	and	CCONJ
ejge-8925	544	12	economics	economic	NOUN
ejge-8925	544	13	11(2	11(2	NUM
ejge-8925	544	14	)	)	PUNCT
ejge-8925	544	15	,	,	PUNCT
ejge-8925	544	16	december	december	PROPN
ejge-8925	544	17	2022	2022	NUM
ejge-8925	544	18	,	,	PUNCT
ejge-8925	544	19	141	141	NUM
ejge-8925	544	20	-	-	SYM
ejge-8925	544	21	166	166	NUM
ejge-8925	544	22	163	163	NUM
ejge-8925	544	23	appendix	appendix	NOUN
ejge-8925	544	24	the	the	DET
ejge-8925	544	25	appendix	appendix	PROPN
ejge-8925	544	26	contains	contain	VERB
ejge-8925	544	27	the	the	DET
ejge-8925	544	28	robustness	robustness	NOUN
ejge-8925	544	29	check	check	NOUN
ejge-8925	544	30	for	for	ADP
ejge-8925	544	31	the	the	DET
ejge-8925	544	32	panel	panel	NOUN
ejge-8925	544	33	ardl	ardl	NOUN
ejge-8925	544	34	model	model	NOUN
ejge-8925	544	35	.	.	PUNCT
ejge-8925	545	1	robustness	robustness	NOUN
ejge-8925	545	2	checks	check	NOUN
ejge-8925	545	3	are	be	AUX
ejge-8925	545	4	necessary	necessary	ADJ
ejge-8925	545	5	to	to	PART
ejge-8925	545	6	improve	improve	VERB
ejge-8925	545	7	the	the	DET
ejge-8925	545	8	credibility	credibility	NOUN
ejge-8925	545	9	of	of	ADP
ejge-8925	545	10	the	the	DET
ejge-8925	545	11	results	result	NOUN
ejge-8925	545	12	presented	present	VERB
ejge-8925	545	13	.	.	PUNCT
ejge-8925	546	1	by	by	ADP
ejge-8925	546	2	changing	change	VERB
ejge-8925	546	3	the	the	DET
ejge-8925	546	4	dynamic	dynamic	ADJ
ejge-8925	546	5	specification	specification	NOUN
ejge-8925	546	6	of	of	ADP
ejge-8925	546	7	the	the	DET
ejge-8925	546	8	model	model	NOUN
ejge-8925	546	9	,	,	PUNCT
ejge-8925	546	10	statistical	statistical	ADJ
ejge-8925	546	11	significance	significance	NOUN
ejge-8925	546	12	in	in	ADP
ejge-8925	546	13	the	the	DET
ejge-8925	546	14	long	long	ADJ
ejge-8925	546	15	run	run	NOUN
ejge-8925	546	16	and	and	CCONJ
ejge-8925	546	17	the	the	DET
ejge-8925	546	18	expected	expect	VERB
ejge-8925	546	19	results	result	NOUN
ejge-8925	546	20	were	be	AUX
ejge-8925	546	21	obtained	obtain	VERB
ejge-8925	546	22	.	.	PUNCT
ejge-8925	547	1	along	along	ADP
ejge-8925	547	2	with	with	ADP
ejge-8925	547	3	the	the	DET
ejge-8925	547	4	robustness	robustness	NOUN
ejge-8925	547	5	check	check	NOUN
ejge-8925	547	6	,	,	PUNCT
ejge-8925	547	7	a	a	DET
ejge-8925	547	8	ramsey	ramsey	NOUN
ejge-8925	547	9	reset	reset	NOUN
ejge-8925	547	10	was	be	AUX
ejge-8925	547	11	employed	employ	VERB
ejge-8925	547	12	,	,	PUNCT
ejge-8925	547	13	accounting	account	VERB
ejge-8925	547	14	for	for	ADP
ejge-8925	547	15	omitted	omit	VERB
ejge-8925	547	16	variable	variable	ADJ
ejge-8925	547	17	bias	bias	NOUN
ejge-8925	547	18	and	and	CCONJ
ejge-8925	547	19	misspecification	misspecification	NOUN
ejge-8925	547	20	in	in	ADP
ejge-8925	547	21	the	the	DET
ejge-8925	547	22	model	model	NOUN
ejge-8925	547	23	.	.	PUNCT
ejge-8925	548	1	the	the	DET
ejge-8925	548	2	results	result	NOUN
ejge-8925	548	3	can	can	AUX
ejge-8925	548	4	be	be	AUX
ejge-8925	548	5	found	find	VERB
ejge-8925	548	6	in	in	ADP
ejge-8925	548	7	the	the	DET
ejge-8925	548	8	tables	table	NOUN
ejge-8925	548	9	below	below	ADV
ejge-8925	548	10	.	.	PUNCT
ejge-8925	549	1	gerassimos	gerassimos	PROPN
ejge-8925	549	2	bertsatos	bertsatos	PROPN
ejge-8925	549	3	/	/	SYM
ejge-8925	549	4	european	european	PROPN
ejge-8925	549	5	journal	journal	PROPN
ejge-8925	549	6	of	of	ADP
ejge-8925	549	7	government	government	NOUN
ejge-8925	549	8	and	and	CCONJ
ejge-8925	549	9	economics	economic	NOUN
ejge-8925	549	10	11(2	11(2	NUM
ejge-8925	549	11	)	)	PUNCT
ejge-8925	549	12	,	,	PUNCT
ejge-8925	549	13	december	december	PROPN
ejge-8925	549	14	2022	2022	NUM
ejge-8925	549	15	,	,	PUNCT
ejge-8925	549	16	141	141	NUM
ejge-8925	549	17	-	-	SYM
ejge-8925	549	18	166	166	NUM
ejge-8925	549	19	164	164	NUM
ejge-8925	549	20	table	table	NOUN
ejge-8925	549	21	5	5	NUM
ejge-8925	549	22	.	.	PUNCT
ejge-8925	549	23	long	long	ADV
ejge-8925	549	24	-	-	PUNCT
ejge-8925	549	25	run	run	VERB
ejge-8925	549	26	and	and	CCONJ
ejge-8925	549	27	short	short	ADJ
ejge-8925	549	28	-	-	PUNCT
ejge-8925	549	29	run	run	NOUN
ejge-8925	549	30	coefficients	coefficient	NOUN
ejge-8925	549	31	of	of	ADP
ejge-8925	549	32	the	the	DET
ejge-8925	549	33	current	current	ADJ
ejge-8925	549	34	account	account	NOUN
ejge-8925	549	35	balance	balance	NOUN
ejge-8925	549	36	determinants	determinant	NOUN
ejge-8925	549	37	,	,	PUNCT
ejge-8925	549	38	ardl	ardl	NOUN
ejge-8925	549	39	(	(	PUNCT
ejge-8925	549	40	1,4,4,4,3,4	1,4,4,4,3,4	NUM
ejge-8925	549	41	)	)	PUNCT
ejge-8925	549	42	.	.	PUNCT
ejge-8925	550	1	series	series	PROPN
ejge-8925	550	2	coefficient	coefficient	PROPN
ejge-8925	550	3	st	st	PROPN
ejge-8925	550	4	.	.	PROPN
ejge-8925	550	5	error	error	PROPN
ejge-8925	550	6	p	p	NOUN
ejge-8925	550	7	-	-	PUNCT
ejge-8925	550	8	value	value	NOUN
ejge-8925	550	9	long	long	ADJ
ejge-8925	550	10	-	-	PUNCT
ejge-8925	550	11	run	run	VERB
ejge-8925	550	12	coefficients	coefficient	NOUN
ejge-8925	550	13	rer	rer	X
ejge-8925	550	14	3.060	3.060	NUM
ejge-8925	550	15	*	*	PUNCT
ejge-8925	550	16	*	*	PUNCT
ejge-8925	550	17	*	*	SYM
ejge-8925	550	18	0.149	0.149	NUM
ejge-8925	550	19	0.000	0.000	NUM
ejge-8925	550	20	rir	rir	NOUN
ejge-8925	550	21	0.050	0.050	NUM
ejge-8925	550	22	*	*	PUNCT
ejge-8925	550	23	*	*	PUNCT
ejge-8925	550	24	*	*	NOUN
ejge-8925	550	25	0.005	0.005	NUM
ejge-8925	550	26	0.000	0.000	NUM
ejge-8925	550	27	bud	bud	NOUN
ejge-8925	550	28	-0.059	-0.059	PROPN
ejge-8925	550	29	*	*	PUNCT
ejge-8925	550	30	*	*	PUNCT
ejge-8925	550	31	*	*	NOUN
ejge-8925	550	32	0.005	0.005	NUM
ejge-8925	550	33	0.000	0.000	NUM
ejge-8925	550	34	gdp	gdp	NOUN
ejge-8925	550	35	0.004	0.004	NUM
ejge-8925	550	36	*	*	PUNCT
ejge-8925	550	37	*	*	PUNCT
ejge-8925	550	38	*	*	PUNCT
ejge-8925	550	39	0.001	0.001	NUM
ejge-8925	550	40	0.002	0.002	NUM
ejge-8925	550	41	erv	erv	NOUN
ejge-8925	550	42	9.251	9.251	NUM
ejge-8925	550	43	*	*	PUNCT
ejge-8925	550	44	*	*	PUNCT
ejge-8925	550	45	*	*	PUNCT
ejge-8925	550	46	0.772	0.772	NUM
ejge-8925	550	47	0.000	0.000	NUM
ejge-8925	550	48	hausman	hausman	ADJ
ejge-8925	550	49	test	test	NOUN
ejge-8925	550	50	2.35	2.35	NUM
ejge-8925	550	51	0.306	0.306	NUM
ejge-8925	550	52	error	error	NOUN
ejge-8925	550	53	correction	correction	NOUN
ejge-8925	550	54	coef	coef	PROPN
ejge-8925	550	55	.	.	PUNCT
ejge-8925	551	1	(	(	PUNCT
ejge-8925	551	2	φ	φ	NOUN
ejge-8925	551	3	)	)	PUNCT
ejge-8925	551	4	-0.222	-0.222	NOUN
ejge-8925	551	5	*	*	PUNCT
ejge-8925	551	6	*	*	PUNCT
ejge-8925	551	7	*	*	NOUN
ejge-8925	551	8	0.094	0.094	NUM
ejge-8925	551	9	0.019	0.019	NUM
ejge-8925	551	10	short	short	ADJ
ejge-8925	551	11	-	-	PUNCT
ejge-8925	551	12	run	run	NOUN
ejge-8925	551	13	coefficients	coefficient	NOUN
ejge-8925	551	14	δcabt-1	δcabt-1	PRON
ejge-8925	551	15	-0.324	-0.324	PROPN
ejge-8925	551	16	*	*	PUNCT
ejge-8925	551	17	*	*	PUNCT
ejge-8925	551	18	*	*	X
ejge-8925	551	19	0.094	0.094	NUM
ejge-8925	551	20	0.001	0.001	NUM
ejge-8925	551	21	δrert	δrert	VERB
ejge-8925	551	22	2.123	2.123	NUM
ejge-8925	551	23	2.170	2.170	NUM
ejge-8925	551	24	0.328	0.328	NUM
ejge-8925	551	25	δrert-1	δrert-1	NUM
ejge-8925	551	26	-2.484	-2.484	NOUN
ejge-8925	551	27	1.875	1.875	NUM
ejge-8925	551	28	0.185	0.185	NUM
ejge-8925	551	29	δrert-2	δrert-2	PROPN
ejge-8925	551	30	-0.683	-0.683	NUM
ejge-8925	551	31	1.990	1.990	NUM
ejge-8925	551	32	0.731	0.731	NUM
ejge-8925	551	33	δrert-3	δrert-3	NUM
ejge-8925	551	34	-1.689	-1.689	NUM
ejge-8925	551	35	2.436	2.436	NUM
ejge-8925	551	36	0.488	0.488	NUM
ejge-8925	551	37	δrert-4	δrert-4	NUM
ejge-8925	551	38	-0.018	-0.018	NUM
ejge-8925	551	39	1.402	1.402	NUM
ejge-8925	551	40	0.990	0.990	NUM
ejge-8925	551	41	δrirt	δrirt	NOUN
ejge-8925	551	42	-0.002	-0.002	PUNCT
ejge-8925	551	43	0.007	0.007	NUM
ejge-8925	551	44	0.715	0.715	NUM
ejge-8925	551	45	δrirt-1	δrirt-1	NUM
ejge-8925	551	46	0.001	0.001	NUM
ejge-8925	551	47	0.019	0.019	NUM
ejge-8925	551	48	0.931	0.931	NUM
ejge-8925	551	49	δrirt-2	δrirt-2	NUM
ejge-8925	551	50	0.002	0.002	NUM
ejge-8925	551	51	0.016	0.016	NUM
ejge-8925	551	52	0.875	0.875	NUM
ejge-8925	551	53	δrirt-3	δrirt-3	NUM
ejge-8925	551	54	-0.013	-0.013	PUNCT
ejge-8925	551	55	0.016	0.016	NUM
ejge-8925	551	56	0.403	0.403	NUM
ejge-8925	551	57	δrirt-4	δrirt-4	NUM
ejge-8925	551	58	0.003	0.003	NUM
ejge-8925	551	59	0.009	0.009	NUM
ejge-8925	551	60	0.732	0.732	NUM
ejge-8925	551	61	δbudt	δbudt	NOUN
ejge-8925	551	62	-0.032	-0.032	ADP
ejge-8925	551	63	0.042	0.042	NUM
ejge-8925	551	64	0.446	0.446	NUM
ejge-8925	551	65	δbudt-1	δbudt-1	NOUN
ejge-8925	551	66	-0.008	-0.008	NOUN
ejge-8925	551	67	0.018	0.018	NUM
ejge-8925	551	68	0.631	0.631	NUM
ejge-8925	551	69	δbudt-2	δbudt-2	PROPN
ejge-8925	551	70	-0.031	-0.031	ADP
ejge-8925	551	71	0.023	0.023	NUM
ejge-8925	551	72	0.188	0.188	NUM
ejge-8925	551	73	δbudt-3	δbudt-3	NUM
ejge-8925	551	74	-0.012	-0.012	NUM
ejge-8925	551	75	0.027	0.027	NUM
ejge-8925	551	76	0.633	0.633	NUM
ejge-8925	551	77	δbudt-4	δbudt-4	PROPN
ejge-8925	551	78	-0.016	-0.016	PUNCT
ejge-8925	551	79	0.023	0.023	NUM
ejge-8925	551	80	0.479	0.479	NUM
ejge-8925	551	81	δgdpt	δgdpt	ADV
ejge-8925	551	82	1.455	1.455	NUM
ejge-8925	551	83	2.026	2.026	NUM
ejge-8925	551	84	0.473	0.473	NUM
ejge-8925	551	85	δgdpt-1	δgdpt-1	PROPN
ejge-8925	551	86	3.444	3.444	NUM
ejge-8925	551	87	2.495	2.495	NUM
ejge-8925	551	88	0.168	0.168	NUM
ejge-8925	551	89	δgdpt-2	δgdpt-2	NUM
ejge-8925	551	90	-1.137	-1.137	NUM
ejge-8925	551	91	2.994	2.994	NUM
ejge-8925	551	92	0.704	0.704	NUM
ejge-8925	551	93	δgdpt-3	δgdpt-3	NUM
ejge-8925	551	94	0.598	0.598	NUM
ejge-8925	551	95	2.242	2.242	NUM
ejge-8925	551	96	0.790	0.790	NUM
ejge-8925	551	97	δervt	δervt	NOUN
ejge-8925	551	98	0.493	0.493	NUM
ejge-8925	551	99	7.850	7.850	NUM
ejge-8925	551	100	0.950	0.950	NUM
ejge-8925	551	101	δervt-1	δervt-1	NUM
ejge-8925	551	102	-14.640	-14.640	ADJ
ejge-8925	551	103	10.679	10.679	NUM
ejge-8925	551	104	0.170	0.170	NUM
ejge-8925	551	105	δervt-2	δervt-2	NUM
ejge-8925	551	106	10.668	10.668	NUM
ejge-8925	551	107	9.103	9.103	NUM
ejge-8925	551	108	0.241	0.241	NUM
ejge-8925	551	109	δervt-3	δervt-3	NUM
ejge-8925	551	110	5.762	5.762	NUM
ejge-8925	551	111	13.189	13.189	NUM
ejge-8925	551	112	0.662	0.662	NUM
ejge-8925	551	113	δervt-4	δervt-4	NUM
ejge-8925	551	114	-3.686	-3.686	PUNCT
ejge-8925	551	115	10.697	10.697	NUM
ejge-8925	551	116	0.730	0.730	NUM
ejge-8925	551	117	s1	s1	NOUN
ejge-8925	551	118	0.250	0.250	NUM
ejge-8925	551	119	0.184	0.184	NUM
ejge-8925	551	120	0.175	0.175	NUM
ejge-8925	551	121	s2	s2	PROPN
ejge-8925	551	122	0.325	0.325	NUM
ejge-8925	551	123	0.265	0.265	NUM
ejge-8925	551	124	0.221	0.221	NUM
ejge-8925	551	125	s3	s3	PROPN
ejge-8925	551	126	0.358	0.358	NUM
ejge-8925	551	127	0.178	0.178	NUM
ejge-8925	551	128	0.045	0.045	NUM
ejge-8925	551	129	intercept	intercept	NOUN
ejge-8925	551	130	-0.613	-0.613	NOUN
ejge-8925	551	131	*	*	PUNCT
ejge-8925	551	132	*	*	PUNCT
ejge-8925	551	133	*	*	PUNCT
ejge-8925	551	134	0.193	0.193	NUM
ejge-8925	551	135	0.001	0.001	NUM
ejge-8925	551	136	entry	entry	NOUN
ejge-8925	551	137	0.138	0.138	NUM
ejge-8925	551	138	0.155	0.155	NUM
ejge-8925	551	139	0.373	0.373	NUM
ejge-8925	551	140	model	model	NOUN
ejge-8925	551	141	specification	specification	NOUN
ejge-8925	551	142	test	test	NOUN
ejge-8925	551	143	ramsey	ramsey	PROPN
ejge-8925	551	144	reset	reset	NOUN
ejge-8925	551	145	test	test	NOUN
ejge-8925	551	146	f	f	X
ejge-8925	551	147	-	-	PUNCT
ejge-8925	551	148	statistic	statistic	VERB
ejge-8925	551	149	0.296	0.296	NUM
ejge-8925	551	150	dynamic	dynamic	ADJ
ejge-8925	551	151	specification	specification	NOUN
ejge-8925	551	152	ardl	ardl	NOUN
ejge-8925	551	153	(	(	PUNCT
ejge-8925	551	154	1,4,4,4,3,4	1,4,4,4,3,4	NUM
ejge-8925	551	155	)	)	PUNCT
ejge-8925	551	156	estimation	estimation	NOUN
ejge-8925	551	157	method	method	NOUN
ejge-8925	551	158	pooled	pool	VERB
ejge-8925	551	159	mean	mean	PROPN
ejge-8925	551	160	group	group	NOUN
ejge-8925	551	161	(	(	PUNCT
ejge-8925	551	162	pmg	pmg	PROPN
ejge-8925	551	163	)	)	PUNCT
ejge-8925	551	164	adjusting	adjust	VERB
ejge-8925	551	165	for	for	ADP
ejge-8925	551	166	country	country	NOUN
ejge-8925	551	167	-	-	PUNCT
ejge-8925	551	168	fixed	fix	VERB
ejge-8925	551	169	effects	effect	NOUN
ejge-8925	551	170	and	and	CCONJ
ejge-8925	551	171	seasonality	seasonality	NOUN
ejge-8925	551	172	number	number	NOUN
ejge-8925	551	173	of	of	ADP
ejge-8925	551	174	countries	country	NOUN
ejge-8925	551	175	19	19	NUM
ejge-8925	551	176	time	time	NOUN
ejge-8925	551	177	period	period	NOUN
ejge-8925	551	178	2008	2008	NUM
ejge-8925	551	179	:	:	PUNCT
ejge-8925	551	180	q1	q1	NOUN
ejge-8925	551	181	-	-	PUNCT
ejge-8925	551	182	2018	2018	NUM
ejge-8925	551	183	:	:	PUNCT
ejge-8925	551	184	q4	q4	X
ejge-8925	551	185	(	(	PUNCT
ejge-8925	551	186	44	44	NUM
ejge-8925	551	187	periods	period	NOUN
ejge-8925	551	188	)	)	PUNCT
ejge-8925	551	189	observations	observation	NOUN
ejge-8925	551	190	836	836	NUM
ejge-8925	551	191	gerassimos	gerassimos	NOUN
ejge-8925	551	192	bertsatos	bertsatos	PROPN
ejge-8925	551	193	/	/	SYM
ejge-8925	551	194	european	european	PROPN
ejge-8925	551	195	journal	journal	PROPN
ejge-8925	551	196	of	of	ADP
ejge-8925	551	197	government	government	NOUN
ejge-8925	551	198	and	and	CCONJ
ejge-8925	551	199	economics	economic	NOUN
ejge-8925	551	200	11(2	11(2	NUM
ejge-8925	551	201	)	)	PUNCT
ejge-8925	551	202	,	,	PUNCT
ejge-8925	551	203	december	december	PROPN
ejge-8925	551	204	2022	2022	NUM
ejge-8925	551	205	,	,	PUNCT
ejge-8925	551	206	141	141	NUM
ejge-8925	551	207	-	-	SYM
ejge-8925	551	208	166	166	NUM
ejge-8925	551	209	165	165	NUM
ejge-8925	551	210	table	table	NOUN
ejge-8925	551	211	6	6	NUM
ejge-8925	551	212	.	.	PUNCT
ejge-8925	552	1	long	long	ADV
ejge-8925	552	2	-	-	PUNCT
ejge-8925	552	3	run	run	VERB
ejge-8925	552	4	and	and	CCONJ
ejge-8925	552	5	short	short	ADJ
ejge-8925	552	6	-	-	PUNCT
ejge-8925	552	7	run	run	NOUN
ejge-8925	552	8	coefficients	coefficient	NOUN
ejge-8925	552	9	of	of	ADP
ejge-8925	552	10	the	the	DET
ejge-8925	552	11	current	current	ADJ
ejge-8925	552	12	account	account	NOUN
ejge-8925	552	13	balance	balance	NOUN
ejge-8925	552	14	determinants	determinant	NOUN
ejge-8925	552	15	,	,	PUNCT
ejge-8925	552	16	ardl	ardl	NOUN
ejge-8925	552	17	(	(	PUNCT
ejge-8925	552	18	1,5,4,4,2,4	1,5,4,4,2,4	NUM
ejge-8925	552	19	)	)	PUNCT
ejge-8925	552	20	.	.	PUNCT
ejge-8925	553	1	series	series	PROPN
ejge-8925	553	2	coefficient	coefficient	PROPN
ejge-8925	553	3	st	st	PROPN
ejge-8925	553	4	.	.	PROPN
ejge-8925	553	5	error	error	PROPN
ejge-8925	553	6	p	p	NOUN
ejge-8925	553	7	-	-	PUNCT
ejge-8925	553	8	value	value	NOUN
ejge-8925	553	9	long	long	ADJ
ejge-8925	553	10	-	-	PUNCT
ejge-8925	553	11	run	run	VERB
ejge-8925	553	12	coefficients	coefficient	NOUN
ejge-8925	553	13	rer	rer	X
ejge-8925	553	14	2.531	2.531	NUM
ejge-8925	553	15	*	*	NOUN
ejge-8925	553	16	*	*	PUNCT
ejge-8925	553	17	*	*	PUNCT
ejge-8925	553	18	0.075	0.075	NUM
ejge-8925	553	19	0.000	0.000	NUM
ejge-8925	553	20	rir	rir	NOUN
ejge-8925	553	21	0.050	0.050	NUM
ejge-8925	553	22	*	*	PUNCT
ejge-8925	553	23	*	*	PUNCT
ejge-8925	553	24	*	*	PUNCT
ejge-8925	553	25	0.003	0.003	NUM
ejge-8925	553	26	0.000	0.000	NUM
ejge-8925	553	27	bud	bud	NOUN
ejge-8925	553	28	-0.033	-0.033	NOUN
ejge-8925	553	29	*	*	PUNCT
ejge-8925	553	30	*	*	PUNCT
ejge-8925	553	31	*	*	PUNCT
ejge-8925	553	32	0.004	0.004	NUM
ejge-8925	553	33	0.000	0.000	NUM
ejge-8925	553	34	gdp	gdp	NOUN
ejge-8925	553	35	0.002	0.002	NUM
ejge-8925	553	36	*	*	PUNCT
ejge-8925	553	37	*	*	PUNCT
ejge-8925	553	38	*	*	PUNCT
ejge-8925	553	39	0.0003	0.0003	NUM
ejge-8925	553	40	0.000	0.000	NUM
ejge-8925	553	41	erv	erv	NOUN
ejge-8925	553	42	7.626	7.626	NUM
ejge-8925	553	43	*	*	PUNCT
ejge-8925	553	44	*	*	PUNCT
ejge-8925	553	45	*	*	PUNCT
ejge-8925	553	46	0.359	0.359	NUM
ejge-8925	553	47	0.000	0.000	NUM
ejge-8925	553	48	hausman	hausman	ADJ
ejge-8925	553	49	test	test	VERB
ejge-8925	553	50	6.011	6.011	NUM
ejge-8925	553	51	0.761	0.761	NUM
ejge-8925	553	52	error	error	NOUN
ejge-8925	553	53	correction	correction	NOUN
ejge-8925	553	54	coef	coef	X
ejge-8925	553	55	.	.	PUNCT
ejge-8925	554	1	(	(	PUNCT
ejge-8925	554	2	φ	φ	NOUN
ejge-8925	554	3	)	)	PUNCT
ejge-8925	554	4	-0.236	-0.236	PUNCT
ejge-8925	554	5	*	*	PUNCT
ejge-8925	554	6	*	*	PUNCT
ejge-8925	554	7	0.119	0.119	NUM
ejge-8925	554	8	0.048	0.048	NUM
ejge-8925	554	9	short	short	ADJ
ejge-8925	554	10	-	-	PUNCT
ejge-8925	554	11	run	run	NOUN
ejge-8925	554	12	coefficients	coefficient	NOUN
ejge-8925	554	13	δcabt-1	δcabt-1	PRON
ejge-8925	554	14	-0.207	-0.207	NOUN
ejge-8925	554	15	*	*	NOUN
ejge-8925	554	16	*	*	NOUN
ejge-8925	554	17	0.108	0.108	NUM
ejge-8925	554	18	0.046	0.046	NUM
ejge-8925	554	19	δrert	δrert	VERB
ejge-8925	554	20	0.426	0.426	NUM
ejge-8925	554	21	1.818	1.818	NUM
ejge-8925	554	22	0.815	0.815	NUM
ejge-8925	554	23	δrert-1	δrert-1	NUM
ejge-8925	554	24	-2.114	-2.114	X
ejge-8925	554	25	2.552	2.552	NUM
ejge-8925	554	26	0.408	0.408	NUM
ejge-8925	554	27	δrert-2	δrert-2	PROPN
ejge-8925	554	28	-0.094	-0.094	VERB
ejge-8925	554	29	1.910	1.910	NUM
ejge-8925	554	30	0.960	0.960	NUM
ejge-8925	554	31	δrert-3	δrert-3	NUM
ejge-8925	554	32	-1.586	-1.586	PUNCT
ejge-8925	554	33	1.969	1.969	NUM
ejge-8925	554	34	0.420	0.420	NUM
ejge-8925	554	35	δrert-4	δrert-4	PROPN
ejge-8925	554	36	-0.498	-0.498	PUNCT
ejge-8925	554	37	1.567	1.567	NUM
ejge-8925	554	38	0.750	0.750	NUM
ejge-8925	554	39	δrert-5	δrert-5	NUM
ejge-8925	554	40	1.508	1.508	NUM
ejge-8925	554	41	0.991	0.991	NUM
ejge-8925	554	42	0.128	0.128	NUM
ejge-8925	554	43	δrirt	δrirt	VERB
ejge-8925	554	44	0.008	0.008	NUM
ejge-8925	554	45	0.011	0.011	NUM
ejge-8925	554	46	0.471	0.471	NUM
ejge-8925	554	47	δrirt-1	δrirt-1	NUM
ejge-8925	554	48	-0.008	-0.008	NOUN
ejge-8925	554	49	0.018	0.018	NUM
ejge-8925	554	50	0.640	0.640	NUM
ejge-8925	554	51	δrirt-2	δrirt-2	PROPN
ejge-8925	554	52	0.005	0.005	NUM
ejge-8925	554	53	0.018	0.018	NUM
ejge-8925	554	54	0.764	0.764	NUM
ejge-8925	554	55	δrirt-3	δrirt-3	NUM
ejge-8925	554	56	0.004	0.004	NUM
ejge-8925	554	57	0.012	0.012	NUM
ejge-8925	554	58	0.718	0.718	NUM
ejge-8925	554	59	δrirt-4	δrirt-4	CCONJ
ejge-8925	554	60	-0.024	-0.024	ADP
ejge-8925	554	61	0.026	0.026	NUM
ejge-8925	554	62	0.358	0.358	NUM
ejge-8925	554	63	δbudt	δbudt	NOUN
ejge-8925	554	64	-0.041	-0.041	PUNCT
ejge-8925	554	65	0.052	0.052	NUM
ejge-8925	554	66	0.436	0.436	NUM
ejge-8925	554	67	δbudt-1	δbudt-1	NUM
ejge-8925	554	68	-0.017	-0.017	ADP
ejge-8925	554	69	0.023	0.023	NUM
ejge-8925	554	70	0.453	0.453	NUM
ejge-8925	554	71	δbudt-2	δbudt-2	NUM
ejge-8925	554	72	-0.056	-0.056	NUM
ejge-8925	554	73	0.039	0.039	NUM
ejge-8925	554	74	0.153	0.153	NUM
ejge-8925	554	75	δbudt-3	δbudt-3	NUM
ejge-8925	554	76	-0.033	-0.033	PUNCT
ejge-8925	554	77	0.028	0.028	NUM
ejge-8925	554	78	0.232	0.232	NUM
ejge-8925	554	79	δbudt-4	δbudt-4	PROPN
ejge-8925	554	80	-0.024	-0.024	NUM
ejge-8925	554	81	0.027	0.027	NUM
ejge-8925	554	82	0.366	0.366	NUM
ejge-8925	554	83	δgdpt	δgdpt	NOUN
ejge-8925	554	84	0.235	0.235	NUM
ejge-8925	554	85	4.431	4.431	NUM
ejge-8925	554	86	0.958	0.958	NUM
ejge-8925	554	87	δgdpt-1	δgdpt-1	NUM
ejge-8925	554	88	4.119	4.119	NUM
ejge-8925	554	89	4.372	4.372	NUM
ejge-8925	554	90	0.346	0.346	NUM
ejge-8925	554	91	δgdpt-2	δgdpt-2	NUM
ejge-8925	554	92	1.248	1.248	NUM
ejge-8925	554	93	2.337	2.337	NUM
ejge-8925	554	94	0.593	0.593	NUM
ejge-8925	554	95	δervt	δervt	NOUN
ejge-8925	554	96	-10.406	-10.406	PUNCT
ejge-8925	554	97	9.073	9.073	NUM
ejge-8925	554	98	0.251	0.251	NUM
ejge-8925	554	99	δervt-1	δervt-1	NUM
ejge-8925	554	100	-11.451	-11.451	PROPN
ejge-8925	554	101	12.431	12.431	NUM
ejge-8925	554	102	0.357	0.357	NUM
ejge-8925	554	103	δervt-2	δervt-2	NUM
ejge-8925	554	104	13.174	13.174	NUM
ejge-8925	554	105	11.920	11.920	NUM
ejge-8925	554	106	0.269	0.269	NUM
ejge-8925	554	107	δervt-3	δervt-3	NUM
ejge-8925	554	108	-1.614	-1.614	NUM
ejge-8925	554	109	10.104	10.104	NUM
ejge-8925	554	110	0.873	0.873	NUM
ejge-8925	554	111	δervt-4	δervt-4	NUM
ejge-8925	554	112	1.724	1.724	NUM
ejge-8925	554	113	8.800	8.800	NUM
ejge-8925	554	114	0.845	0.845	NUM
ejge-8925	554	115	s1	s1	NOUN
ejge-8925	554	116	0.445	0.445	NUM
ejge-8925	554	117	0.247	0.247	NUM
ejge-8925	554	118	0.072	0.072	NUM
ejge-8925	554	119	s2	s2	NOUN
ejge-8925	554	120	0.398	0.398	NUM
ejge-8925	554	121	0.376	0.376	NUM
ejge-8925	554	122	0.290	0.290	NUM
ejge-8925	554	123	s3	s3	NOUN
ejge-8925	554	124	0.353	0.353	NUM
ejge-8925	554	125	0.269	0.269	NUM
ejge-8925	554	126	0.189	0.189	NUM
ejge-8925	554	127	intercept	intercept	NOUN
ejge-8925	554	128	-0.582	-0.582	NOUN
ejge-8925	554	129	*	*	NOUN
ejge-8925	554	130	*	*	X
ejge-8925	554	131	0.233	0.233	NUM
ejge-8925	554	132	0.013	0.013	NUM
ejge-8925	554	133	entry	entry	NOUN
ejge-8925	554	134	0.112	0.112	NUM
ejge-8925	554	135	0.102	0.102	NUM
ejge-8925	554	136	0.273	0.273	NUM
ejge-8925	554	137	model	model	NOUN
ejge-8925	554	138	specification	specification	NOUN
ejge-8925	554	139	test	test	NOUN
ejge-8925	554	140	ramsey	ramsey	PROPN
ejge-8925	554	141	reset	reset	NOUN
ejge-8925	554	142	test	test	NOUN
ejge-8925	554	143	f	f	NOUN
ejge-8925	554	144	-	-	PUNCT
ejge-8925	554	145	statistic	statistic	VERB
ejge-8925	554	146	0.148	0.148	NUM
ejge-8925	554	147	dynamic	dynamic	ADJ
ejge-8925	554	148	specification	specification	NOUN
ejge-8925	554	149	ardl	ardl	NOUN
ejge-8925	554	150	(	(	PUNCT
ejge-8925	554	151	1,5,4,4,2,4	1,5,4,4,2,4	NUM
ejge-8925	554	152	)	)	PUNCT
ejge-8925	554	153	estimation	estimation	NOUN
ejge-8925	554	154	method	method	NOUN
ejge-8925	554	155	pooled	pool	VERB
ejge-8925	554	156	mean	mean	PROPN
ejge-8925	554	157	group	group	NOUN
ejge-8925	554	158	(	(	PUNCT
ejge-8925	554	159	pmg	pmg	PROPN
ejge-8925	554	160	)	)	PUNCT
ejge-8925	554	161	adjusting	adjust	VERB
ejge-8925	554	162	for	for	ADP
ejge-8925	554	163	country	country	NOUN
ejge-8925	554	164	-	-	PUNCT
ejge-8925	554	165	fixed	fix	VERB
ejge-8925	554	166	effects	effect	NOUN
ejge-8925	554	167	and	and	CCONJ
ejge-8925	554	168	seasonality	seasonality	NOUN
ejge-8925	554	169	number	number	NOUN
ejge-8925	554	170	of	of	ADP
ejge-8925	554	171	countries	country	NOUN
ejge-8925	554	172	19	19	NUM
ejge-8925	554	173	time	time	NOUN
ejge-8925	554	174	period	period	NOUN
ejge-8925	554	175	2008	2008	NUM
ejge-8925	554	176	:	:	PUNCT
ejge-8925	554	177	q1	q1	NOUN
ejge-8925	554	178	-	-	PUNCT
ejge-8925	554	179	2018	2018	NUM
ejge-8925	554	180	:	:	PUNCT
ejge-8925	554	181	q4	q4	X
ejge-8925	554	182	(	(	PUNCT
ejge-8925	554	183	44	44	NUM
ejge-8925	554	184	periods	period	NOUN
ejge-8925	554	185	)	)	PUNCT
ejge-8925	554	186	observations	observation	NOUN
ejge-8925	554	187	836	836	NUM
ejge-8925	554	188	gerassimos	gerassimos	NOUN
ejge-8925	554	189	bertsatos	bertsatos	PROPN
ejge-8925	554	190	/	/	SYM
ejge-8925	554	191	european	european	PROPN
ejge-8925	554	192	journal	journal	PROPN
ejge-8925	554	193	of	of	ADP
ejge-8925	554	194	government	government	NOUN
ejge-8925	554	195	and	and	CCONJ
ejge-8925	554	196	economics	economic	NOUN
ejge-8925	554	197	11(2	11(2	NUM
ejge-8925	554	198	)	)	PUNCT
ejge-8925	554	199	,	,	PUNCT
ejge-8925	554	200	december	december	PROPN
ejge-8925	554	201	2022	2022	NUM
ejge-8925	554	202	,	,	PUNCT
ejge-8925	554	203	141	141	NUM
ejge-8925	554	204	-	-	SYM
ejge-8925	554	205	166	166	NUM
ejge-8925	554	206	166	166	NUM
ejge-8925	554	207	table	table	NOUN
ejge-8925	554	208	7	7	NUM
ejge-8925	554	209	.	.	PUNCT
ejge-8925	554	210	long	long	ADV
ejge-8925	554	211	-	-	PUNCT
ejge-8925	554	212	run	run	VERB
ejge-8925	554	213	and	and	CCONJ
ejge-8925	554	214	short	short	ADJ
ejge-8925	554	215	-	-	PUNCT
ejge-8925	554	216	run	run	NOUN
ejge-8925	554	217	coefficients	coefficient	NOUN
ejge-8925	554	218	of	of	ADP
ejge-8925	554	219	the	the	DET
ejge-8925	554	220	current	current	ADJ
ejge-8925	554	221	account	account	NOUN
ejge-8925	554	222	balance	balance	NOUN
ejge-8925	554	223	determinants	determinant	NOUN
ejge-8925	554	224	,	,	PUNCT
ejge-8925	554	225	ardl	ardl	NOUN
ejge-8925	554	226	(	(	PUNCT
ejge-8925	554	227	1,5,4,4,3,3	1,5,4,4,3,3	NUM
ejge-8925	554	228	)	)	PUNCT
ejge-8925	554	229	.	.	PUNCT
ejge-8925	555	1	series	series	PROPN
ejge-8925	555	2	coefficient	coefficient	PROPN
ejge-8925	555	3	st	st	PROPN
ejge-8925	555	4	.	.	PROPN
ejge-8925	555	5	error	error	PROPN
ejge-8925	555	6	p	p	NOUN
ejge-8925	555	7	-	-	PUNCT
ejge-8925	555	8	value	value	NOUN
ejge-8925	555	9	long	long	ADJ
ejge-8925	555	10	-	-	PUNCT
ejge-8925	555	11	run	run	VERB
ejge-8925	555	12	coefficients	coefficient	NOUN
ejge-8925	555	13	rer	rer	X
ejge-8925	555	14	2.033	2.033	NUM
ejge-8925	555	15	*	*	PUNCT
ejge-8925	555	16	*	*	PUNCT
ejge-8925	555	17	*	*	PUNCT
ejge-8925	555	18	0.098	0.098	NUM
ejge-8925	555	19	0.000	0.000	NUM
ejge-8925	555	20	rir	rir	NOUN
ejge-8925	555	21	0.042	0.042	NUM
ejge-8925	555	22	*	*	PUNCT
ejge-8925	555	23	*	*	PUNCT
ejge-8925	555	24	*	*	PUNCT
ejge-8925	555	25	0.003	0.003	NUM
ejge-8925	555	26	0.000	0.000	NUM
ejge-8925	555	27	bud	bud	NOUN
ejge-8925	555	28	-0.011	-0.011	NOUN
ejge-8925	555	29	*	*	NOUN
ejge-8925	555	30	*	*	NOUN
ejge-8925	555	31	0.006	0.006	NUM
ejge-8925	555	32	0.031	0.031	NUM
ejge-8925	555	33	gdp	gdp	NOUN
ejge-8925	555	34	0.002	0.002	NUM
ejge-8925	555	35	*	*	PUNCT
ejge-8925	555	36	*	*	PUNCT
ejge-8925	555	37	*	*	PUNCT
ejge-8925	555	38	0.0006	0.0006	NUM
ejge-8925	555	39	0.000	0.000	NUM
ejge-8925	555	40	erv	erv	NOUN
ejge-8925	555	41	5.824	5.824	NUM
ejge-8925	555	42	*	*	PUNCT
ejge-8925	555	43	*	*	PUNCT
ejge-8925	555	44	*	*	PUNCT
ejge-8925	555	45	0.454	0.454	NUM
ejge-8925	555	46	0.000	0.000	NUM
ejge-8925	555	47	hausman	hausman	ADJ
ejge-8925	555	48	test	test	NOUN
ejge-8925	555	49	1.790	1.790	NUM
ejge-8925	555	50	0.597	0.597	NUM
ejge-8925	555	51	error	error	NOUN
ejge-8925	555	52	correction	correction	NOUN
ejge-8925	555	53	coef	coef	PROPN
ejge-8925	555	54	.	.	PUNCT
ejge-8925	556	1	(	(	PUNCT
ejge-8925	556	2	φ	φ	NOUN
ejge-8925	556	3	)	)	PUNCT
ejge-8925	556	4	-0.268	-0.268	PUNCT
ejge-8925	556	5	*	*	PUNCT
ejge-8925	556	6	*	*	PUNCT
ejge-8925	556	7	*	*	PUNCT
ejge-8925	556	8	0.126	0.126	NUM
ejge-8925	556	9	0.034	0.034	NUM
ejge-8925	556	10	short	short	ADJ
ejge-8925	556	11	-	-	PUNCT
ejge-8925	556	12	run	run	NOUN
ejge-8925	556	13	coefficients	coefficient	NOUN
ejge-8925	556	14	δcabt-1	δcabt-1	PRON
ejge-8925	556	15	-0.213	-0.213	NOUN
ejge-8925	556	16	*	*	PUNCT
ejge-8925	556	17	*	*	PUNCT
ejge-8925	556	18	0.107	0.107	NUM
ejge-8925	556	19	0.048	0.048	NUM
ejge-8925	556	20	δrert	δrert	VERB
ejge-8925	556	21	0.382	0.382	NUM
ejge-8925	556	22	1.850	1.850	NUM
ejge-8925	556	23	0.836	0.836	NUM
ejge-8925	556	24	δrert-1	δrert-1	NUM
ejge-8925	556	25	-1.658	-1.658	NUM
ejge-8925	556	26	2.160	2.160	NUM
ejge-8925	556	27	0.443	0.443	NUM
ejge-8925	556	28	δrert-2	δrert-2	NOUN
ejge-8925	556	29	-0.456	-0.456	NUM
ejge-8925	556	30	2.160	2.160	NUM
ejge-8925	556	31	0.833	0.833	NUM
ejge-8925	556	32	δrert-3	δrert-3	NUM
ejge-8925	556	33	-0.874	-0.874	PUNCT
ejge-8925	556	34	2.287	2.287	NUM
ejge-8925	556	35	0.702	0.702	NUM
ejge-8925	556	36	δrert-4	δrert-4	PROPN
ejge-8925	556	37	-0.526	-0.526	ADP
ejge-8925	556	38	1.401	1.401	NUM
ejge-8925	556	39	0.707	0.707	NUM
ejge-8925	556	40	δrert-5	δrert-5	NUM
ejge-8925	556	41	2.465	2.465	NUM
ejge-8925	556	42	*	*	NOUN
ejge-8925	556	43	*	*	PUNCT
ejge-8925	556	44	1.128	1.128	NUM
ejge-8925	556	45	0.029	0.029	NUM
ejge-8925	556	46	δrirt	δrirt	NOUN
ejge-8925	556	47	0.001	0.001	NUM
ejge-8925	556	48	0.011	0.011	NUM
ejge-8925	556	49	0.926	0.926	NUM
ejge-8925	556	50	δrirt-1	δrirt-1	NUM
ejge-8925	556	51	-0.004	-0.004	NUM
ejge-8925	556	52	0.017	0.017	NUM
ejge-8925	556	53	0.780	0.780	NUM
ejge-8925	556	54	δrirt-2	δrirt-2	PROPN
ejge-8925	556	55	0.011	0.011	NUM
ejge-8925	556	56	0.018	0.018	NUM
ejge-8925	556	57	0.520	0.520	NUM
ejge-8925	556	58	δrirt-3	δrirt-3	NUM
ejge-8925	556	59	-0.011	-0.011	NOUN
ejge-8925	556	60	0.014	0.014	NUM
ejge-8925	556	61	0.432	0.432	NUM
ejge-8925	556	62	δrirt-4	δrirt-4	NUM
ejge-8925	556	63	-0.008	-0.008	NOUN
ejge-8925	556	64	0.014	0.014	NUM
ejge-8925	556	65	0.541	0.541	NUM
ejge-8925	556	66	δbudt	δbudt	NOUN
ejge-8925	556	67	-0.052	-0.052	NUM
ejge-8925	556	68	0.050	0.050	NUM
ejge-8925	556	69	0.299	0.299	NUM
ejge-8925	556	70	δbudt-1	δbudt-1	NUM
ejge-8925	556	71	-0.033	-0.033	PUNCT
ejge-8925	556	72	0.029	0.029	NUM
ejge-8925	556	73	0.245	0.245	NUM
ejge-8925	556	74	δbudt-2	δbudt-2	NUM
ejge-8925	556	75	-0.052	-0.052	NUM
ejge-8925	556	76	0.036	0.036	NUM
ejge-8925	556	77	0.157	0.157	NUM
ejge-8925	556	78	δbudt-3	δbudt-3	NUM
ejge-8925	556	79	-0.036	-0.036	NOUN
ejge-8925	556	80	0.031	0.031	NUM
ejge-8925	556	81	0.240	0.240	NUM
ejge-8925	556	82	δbudt-4	δbudt-4	PROPN
ejge-8925	556	83	-0.023	-0.023	PROPN
ejge-8925	556	84	0.026	0.026	NUM
ejge-8925	556	85	0.364	0.364	NUM
ejge-8925	556	86	δgdpt	δgdpt	ADP
ejge-8925	556	87	-0.326	-0.326	ADP
ejge-8925	556	88	3.771	3.771	NUM
ejge-8925	556	89	0.931	0.931	NUM
ejge-8925	556	90	δgdpt-1	δgdpt-1	NUM
ejge-8925	556	91	4.906	4.906	NUM
ejge-8925	556	92	3.236	3.236	NUM
ejge-8925	556	93	0.130	0.130	NUM
ejge-8925	556	94	δgdpt-2	δgdpt-2	NUM
ejge-8925	556	95	2.360	2.360	NUM
ejge-8925	556	96	2.048	2.048	NUM
ejge-8925	556	97	0.249	0.249	NUM
ejge-8925	556	98	δgdpt-3	δgdpt-3	NUM
ejge-8925	556	99	-1.544	-1.544	SYM
ejge-8925	556	100	2.335	2.335	NUM
ejge-8925	556	101	0.508	0.508	NUM
ejge-8925	556	102	δervt	δervt	NOUN
ejge-8925	556	103	-10.518	-10.518	NUM
ejge-8925	556	104	7.381	7.381	NUM
ejge-8925	556	105	0.154	0.154	NUM
ejge-8925	556	106	δervt-1	δervt-1	NUM
ejge-8925	556	107	-3.627	-3.627	PUNCT
ejge-8925	557	1	11.346	11.346	NUM
ejge-8925	557	2	0.749	0.749	NUM
ejge-8925	557	3	δervt-2	δervt-2	NUM
ejge-8925	557	4	10.374	10.374	NUM
ejge-8925	557	5	9.804	9.804	NUM
ejge-8925	557	6	0.290	0.290	NUM
ejge-8925	557	7	δervt-3	δervt-3	NUM
ejge-8925	557	8	8.432	8.432	NUM
ejge-8925	557	9	12.461	12.461	NUM
ejge-8925	557	10	0.499	0.499	NUM
ejge-8925	557	11	s1	s1	NOUN
ejge-8925	557	12	0.508	0.508	NUM
ejge-8925	557	13	*	*	PUNCT
ejge-8925	557	14	*	*	PUNCT
ejge-8925	557	15	0.241	0.241	NUM
ejge-8925	557	16	0.035	0.035	NUM
ejge-8925	557	17	s2	s2	NOUN
ejge-8925	557	18	0.342	0.342	NUM
ejge-8925	557	19	0.334	0.334	NUM
ejge-8925	557	20	0.305	0.305	NUM
ejge-8925	557	21	s3	s3	PROPN
ejge-8925	557	22	0.422	0.422	NUM
ejge-8925	557	23	0.235	0.235	NUM
ejge-8925	557	24	0.072	0.072	NUM
ejge-8925	557	25	intercept	intercept	NOUN
ejge-8925	557	26	-0.500	-0.500	NOUN
ejge-8925	557	27	*	*	PUNCT
ejge-8925	557	28	*	*	NOUN
ejge-8925	557	29	0.195	0.195	NUM
ejge-8925	557	30	0.011	0.011	NUM
ejge-8925	557	31	entry	entry	NOUN
ejge-8925	557	32	0.212	0.212	NUM
ejge-8925	557	33	0.200	0.200	NUM
ejge-8925	557	34	0.291	0.291	NUM
ejge-8925	557	35	model	model	NOUN
ejge-8925	557	36	specification	specification	NOUN
ejge-8925	557	37	test	test	NOUN
ejge-8925	557	38	ramsey	ramsey	PROPN
ejge-8925	557	39	reset	reset	NOUN
ejge-8925	557	40	test	test	NOUN
ejge-8925	557	41	f	f	X
ejge-8925	557	42	-	-	PUNCT
ejge-8925	557	43	statistic	statistic	ADJ
ejge-8925	557	44	0.862	0.862	NUM
ejge-8925	557	45	dynamic	dynamic	ADJ
ejge-8925	557	46	specification	specification	NOUN
ejge-8925	557	47	ardl	ardl	NOUN
ejge-8925	557	48	(	(	PUNCT
ejge-8925	557	49	1,5,4,4,3,3	1,5,4,4,3,3	NUM
ejge-8925	557	50	estimation	estimation	NOUN
ejge-8925	557	51	method	method	NOUN
ejge-8925	557	52	pooled	pool	VERB
ejge-8925	557	53	mean	mean	PROPN
ejge-8925	557	54	group	group	NOUN
ejge-8925	557	55	(	(	PUNCT
ejge-8925	557	56	pmg	pmg	PROPN
ejge-8925	557	57	)	)	PUNCT
ejge-8925	557	58	adjusting	adjust	VERB
ejge-8925	557	59	for	for	ADP
ejge-8925	557	60	country	country	NOUN
ejge-8925	557	61	-	-	PUNCT
ejge-8925	557	62	fixed	fix	VERB
ejge-8925	557	63	effects	effect	NOUN
ejge-8925	557	64	and	and	CCONJ
ejge-8925	557	65	seasonality	seasonality	NOUN
ejge-8925	557	66	number	number	NOUN
ejge-8925	557	67	of	of	ADP
ejge-8925	557	68	countries	country	NOUN
ejge-8925	557	69	19	19	NUM
ejge-8925	557	70	time	time	NOUN
ejge-8925	557	71	period	period	NOUN
ejge-8925	557	72	2008	2008	NUM
ejge-8925	557	73	:	:	PUNCT
ejge-8925	557	74	q1	q1	NOUN
ejge-8925	557	75	-	-	PUNCT
ejge-8925	557	76	2018	2018	NUM
ejge-8925	557	77	:	:	PUNCT
ejge-8925	557	78	q4	q4	X
ejge-8925	557	79	(	(	PUNCT
ejge-8925	557	80	44	44	NUM
ejge-8925	557	81	periods	period	NOUN
ejge-8925	557	82	)	)	PUNCT
ejge-8925	557	83	observations	observation	NOUN
ejge-8925	557	84	836	836	NUM
ejge-8925	557	85	abstract	abstract	ADJ
ejge-8925	557	86	1	1	NUM
ejge-8925	557	87	.	.	PUNCT
ejge-8925	557	88	introduction	introduction	NOUN
ejge-8925	557	89	2	2	NUM
ejge-8925	557	90	.	.	PUNCT
ejge-8925	558	1	literature	literature	NOUN
ejge-8925	558	2	review	review	NOUN
ejge-8925	558	3	3	3	NUM
ejge-8925	558	4	.	.	X
ejge-8925	558	5	methodology	methodology	NOUN
ejge-8925	558	6	and	and	CCONJ
ejge-8925	558	7	data	datum	NOUN
ejge-8925	558	8	4	4	NUM
ejge-8925	558	9	.	.	PUNCT
ejge-8925	558	10	results	result	VERB
ejge-8925	558	11	5	5	NUM
ejge-8925	558	12	.	.	PUNCT
ejge-8925	558	13	conclusion	conclusion	NOUN
ejge-8925	558	14	and	and	CCONJ
ejge-8925	558	15	policy	policy	NOUN
ejge-8925	558	16	implications	implication	NOUN
ejge-8925	558	17	references	reference	NOUN
ejge-8925	558	18	appendix	appendix	VERB