id	sid	tid	token	lemma	pos
fueconorg-2659	1	1	plane	plane	NOUN
fueconorg-2659	1	2	thermoelastic	thermoelastic	ADJ
fueconorg-2659	1	3	waves	wave	NOUN
fueconorg-2659	1	4	in	in	ADP
fueconorg-2659	1	5	infinite	infinite	ADJ
fueconorg-2659	1	6	half	half	ADJ
fueconorg-2659	1	7	-	-	PUNCT
fueconorg-2659	1	8	space	space	NOUN
fueconorg-2659	1	9	caused	cause	VERB
fueconorg-2659	1	10	facta	facta	PROPN
fueconorg-2659	1	11	universitatis	universitatis	PROPN
fueconorg-2659	1	12	series	series	NOUN
fueconorg-2659	1	13	:	:	PUNCT
fueconorg-2659	1	14	economics	economic	NOUN
fueconorg-2659	1	15	and	and	CCONJ
fueconorg-2659	1	16	organization	organization	NOUN
fueconorg-2659	1	17	vol	vol	NOUN
fueconorg-2659	1	18	.	.	PROPN
fueconorg-2659	2	1	14	14	NUM
fueconorg-2659	2	2	,	,	PUNCT
fueconorg-2659	2	3	no	no	DET
fueconorg-2659	2	4	3	3	NUM
fueconorg-2659	2	5	,	,	PUNCT
fueconorg-2659	2	6	2017	2017	NUM
fueconorg-2659	2	7	,	,	PUNCT
fueconorg-2659	2	8	pp	pp	ADJ
fueconorg-2659	2	9	.	.	PUNCT
fueconorg-2659	3	1	281	281	NUM
fueconorg-2659	3	2	289	289	NUM
fueconorg-2659	3	3	https://doi.org/10.22190/fueo1703281e	https://doi.org/10.22190/fueo1703281e	NOUN
fueconorg-2659	3	4	preliminary	preliminary	ADJ
fueconorg-2659	3	5	communication	communication	NOUN
fueconorg-2659	3	6	concentration	concentration	NOUN
fueconorg-2659	3	7	effect	effect	NOUN
fueconorg-2659	3	8	on	on	ADP
fueconorg-2659	3	9	the	the	DET
fueconorg-2659	3	10	efficiency	efficiency	NOUN
fueconorg-2659	3	11	of	of	ADP
fueconorg-2659	3	12	banking	banking	NOUN
fueconorg-2659	3	13	sector	sector	NOUN
fueconorg-2659	3	14	in	in	ADP
fueconorg-2659	3	15	the	the	DET
fueconorg-2659	3	16	republic	republic	NOUN
fueconorg-2659	3	17	of	of	ADP
fueconorg-2659	3	18	serbia	serbia	PROPN
fueconorg-2659	3	19	1	1	NUM
fueconorg-2659	3	20	udc	udc	PROPN
fueconorg-2659	3	21	347.734:65.015.25(497.11	347.734:65.015.25(497.11	PROPN
fueconorg-2659	3	22	)	)	PUNCT
fueconorg-2659	3	23	eva	eva	NOUN
fueconorg-2659	3	24	eraković	eraković	PROPN
fueconorg-2659	3	25	*	*	PUNCT
fueconorg-2659	3	26	university	university	PROPN
fueconorg-2659	3	27	of	of	ADP
fueconorg-2659	3	28	niš	niš	PROPN
fueconorg-2659	3	29	,	,	PUNCT
fueconorg-2659	3	30	faculty	faculty	NOUN
fueconorg-2659	3	31	of	of	ADP
fueconorg-2659	3	32	economics	economic	NOUN
fueconorg-2659	3	33	,	,	PUNCT
fueconorg-2659	3	34	serbia	serbia	PROPN
fueconorg-2659	3	35	abstract	abstract	ADJ
fueconorg-2659	3	36	.	.	PUNCT
fueconorg-2659	4	1	for	for	ADP
fueconorg-2659	4	2	qualitative	qualitative	ADJ
fueconorg-2659	4	3	analysis	analysis	NOUN
fueconorg-2659	4	4	of	of	ADP
fueconorg-2659	4	5	the	the	DET
fueconorg-2659	4	6	effect	effect	NOUN
fueconorg-2659	4	7	of	of	ADP
fueconorg-2659	4	8	specific	specific	ADJ
fueconorg-2659	4	9	activities	activity	NOUN
fueconorg-2659	4	10	,	,	PUNCT
fueconorg-2659	4	11	such	such	ADJ
fueconorg-2659	4	12	as	as	ADP
fueconorg-2659	4	13	banking	banking	NOUN
fueconorg-2659	4	14	,	,	PUNCT
fueconorg-2659	4	15	on	on	ADP
fueconorg-2659	4	16	other	other	ADJ
fueconorg-2659	4	17	movements	movement	NOUN
fueconorg-2659	4	18	in	in	ADP
fueconorg-2659	4	19	this	this	DET
fueconorg-2659	4	20	sector	sector	NOUN
fueconorg-2659	4	21	,	,	PUNCT
fueconorg-2659	4	22	precise	precise	ADJ
fueconorg-2659	4	23	measuring	measuring	NOUN
fueconorg-2659	4	24	is	be	AUX
fueconorg-2659	4	25	needed	need	VERB
fueconorg-2659	4	26	.	.	PUNCT
fueconorg-2659	5	1	due	due	ADP
fueconorg-2659	5	2	to	to	ADP
fueconorg-2659	5	3	the	the	DET
fueconorg-2659	5	4	transformation	transformation	NOUN
fueconorg-2659	5	5	of	of	ADP
fueconorg-2659	5	6	the	the	DET
fueconorg-2659	5	7	banking	banking	NOUN
fueconorg-2659	5	8	sector	sector	NOUN
fueconorg-2659	5	9	in	in	ADP
fueconorg-2659	5	10	the	the	DET
fueconorg-2659	5	11	republic	republic	NOUN
fueconorg-2659	5	12	of	of	ADP
fueconorg-2659	5	13	serbia	serbia	PROPN
fueconorg-2659	5	14	,	,	PUNCT
fueconorg-2659	5	15	in	in	ADP
fueconorg-2659	5	16	a	a	DET
fueconorg-2659	5	17	relatively	relatively	ADV
fueconorg-2659	5	18	short	short	ADJ
fueconorg-2659	5	19	period	period	NOUN
fueconorg-2659	5	20	of	of	ADP
fueconorg-2659	5	21	time	time	NOUN
fueconorg-2659	5	22	,	,	PUNCT
fueconorg-2659	5	23	there	there	PRON
fueconorg-2659	5	24	has	have	AUX
fueconorg-2659	5	25	been	be	AUX
fueconorg-2659	5	26	a	a	DET
fueconorg-2659	5	27	significant	significant	ADJ
fueconorg-2659	5	28	reduction	reduction	NOUN
fueconorg-2659	5	29	in	in	ADP
fueconorg-2659	5	30	the	the	DET
fueconorg-2659	5	31	number	number	NOUN
fueconorg-2659	5	32	of	of	ADP
fueconorg-2659	5	33	banks	bank	NOUN
fueconorg-2659	5	34	and	and	CCONJ
fueconorg-2659	5	35	in	in	ADP
fueconorg-2659	5	36	increasing	increase	VERB
fueconorg-2659	5	37	the	the	DET
fueconorg-2659	5	38	concentration	concentration	NOUN
fueconorg-2659	5	39	.	.	PUNCT
fueconorg-2659	6	1	on	on	ADP
fueconorg-2659	6	2	the	the	DET
fueconorg-2659	6	3	other	other	ADJ
fueconorg-2659	6	4	hand	hand	NOUN
fueconorg-2659	6	5	,	,	PUNCT
fueconorg-2659	6	6	the	the	DET
fueconorg-2659	6	7	business	business	NOUN
fueconorg-2659	6	8	efficiency	efficiency	NOUN
fueconorg-2659	6	9	has	have	AUX
fueconorg-2659	6	10	become	become	VERB
fueconorg-2659	6	11	a	a	DET
fueconorg-2659	6	12	key	key	ADJ
fueconorg-2659	6	13	factor	factor	NOUN
fueconorg-2659	6	14	for	for	ADP
fueconorg-2659	6	15	the	the	DET
fueconorg-2659	6	16	survival	survival	NOUN
fueconorg-2659	6	17	of	of	ADP
fueconorg-2659	6	18	banks	bank	NOUN
fueconorg-2659	6	19	in	in	ADP
fueconorg-2659	6	20	the	the	DET
fueconorg-2659	6	21	market	market	NOUN
fueconorg-2659	6	22	.	.	PUNCT
fueconorg-2659	7	1	in	in	ADP
fueconorg-2659	7	2	this	this	DET
fueconorg-2659	7	3	study	study	NOUN
fueconorg-2659	7	4	,	,	PUNCT
fueconorg-2659	7	5	the	the	DET
fueconorg-2659	7	6	concentration	concentration	NOUN
fueconorg-2659	7	7	was	be	AUX
fueconorg-2659	7	8	measured	measure	VERB
fueconorg-2659	7	9	by	by	ADP
fueconorg-2659	7	10	herfindahl	herfindahl	NOUN
fueconorg-2659	7	11	-	-	PUNCT
fueconorg-2659	7	12	hirscham	hirscham	NOUN
fueconorg-2659	7	13	index	index	NOUN
fueconorg-2659	7	14	,	,	PUNCT
fueconorg-2659	7	15	while	while	SCONJ
fueconorg-2659	7	16	the	the	DET
fueconorg-2659	7	17	degree	degree	NOUN
fueconorg-2659	7	18	of	of	ADP
fueconorg-2659	7	19	efficiency	efficiency	NOUN
fueconorg-2659	7	20	was	be	AUX
fueconorg-2659	7	21	determined	determine	VERB
fueconorg-2659	7	22	by	by	ADP
fueconorg-2659	7	23	cost	cost	NOUN
fueconorg-2659	7	24	to	to	ADP
fueconorg-2659	7	25	income	income	NOUN
fueconorg-2659	7	26	ratio	ratio	NOUN
fueconorg-2659	7	27	.	.	PUNCT
fueconorg-2659	8	1	a	a	DET
fueconorg-2659	8	2	linear	linear	ADJ
fueconorg-2659	8	3	correlation	correlation	NOUN
fueconorg-2659	8	4	and	and	CCONJ
fueconorg-2659	8	5	regression	regression	NOUN
fueconorg-2659	8	6	analysis	analysis	NOUN
fueconorg-2659	8	7	examined	examine	VERB
fueconorg-2659	8	8	the	the	DET
fueconorg-2659	8	9	relationship	relationship	NOUN
fueconorg-2659	8	10	between	between	ADP
fueconorg-2659	8	11	the	the	DET
fueconorg-2659	8	12	degree	degree	NOUN
fueconorg-2659	8	13	of	of	ADP
fueconorg-2659	8	14	concentration	concentration	NOUN
fueconorg-2659	8	15	and	and	CCONJ
fueconorg-2659	8	16	the	the	DET
fueconorg-2659	8	17	level	level	NOUN
fueconorg-2659	8	18	of	of	ADP
fueconorg-2659	8	19	efficiency	efficiency	NOUN
fueconorg-2659	8	20	of	of	ADP
fueconorg-2659	8	21	serbian	serbian	ADJ
fueconorg-2659	8	22	banking	banking	NOUN
fueconorg-2659	8	23	sector	sector	NOUN
fueconorg-2659	8	24	in	in	ADP
fueconorg-2659	8	25	the	the	DET
fueconorg-2659	8	26	time	time	NOUN
fueconorg-2659	8	27	interval	interval	NOUN
fueconorg-2659	8	28	from	from	ADP
fueconorg-2659	8	29	2008	2008	NUM
fueconorg-2659	8	30	to	to	ADP
fueconorg-2659	8	31	2015	2015	NUM
fueconorg-2659	8	32	,	,	PUNCT
fueconorg-2659	8	33	which	which	PRON
fueconorg-2659	8	34	confirmed	confirm	VERB
fueconorg-2659	8	35	the	the	DET
fueconorg-2659	8	36	existence	existence	NOUN
fueconorg-2659	8	37	of	of	ADP
fueconorg-2659	8	38	a	a	DET
fueconorg-2659	8	39	strong	strong	ADJ
fueconorg-2659	8	40	relationship	relationship	NOUN
fueconorg-2659	8	41	between	between	ADP
fueconorg-2659	8	42	these	these	DET
fueconorg-2659	8	43	variables	variable	NOUN
fueconorg-2659	8	44	.	.	PUNCT
fueconorg-2659	9	1	key	key	ADJ
fueconorg-2659	9	2	words	word	NOUN
fueconorg-2659	9	3	:	:	PUNCT
fueconorg-2659	9	4	concentration	concentration	NOUN
fueconorg-2659	9	5	,	,	PUNCT
fueconorg-2659	9	6	efficiency	efficiency	NOUN
fueconorg-2659	9	7	,	,	PUNCT
fueconorg-2659	9	8	banking	banking	NOUN
fueconorg-2659	9	9	sector	sector	NOUN
fueconorg-2659	9	10	,	,	PUNCT
fueconorg-2659	9	11	republic	republic	NOUN
fueconorg-2659	9	12	of	of	ADP
fueconorg-2659	9	13	serbia	serbia	PROPN
fueconorg-2659	9	14	jel	jel	PROPN
fueconorg-2659	9	15	classification	classification	NOUN
fueconorg-2659	9	16	:	:	PUNCT
fueconorg-2659	9	17	d40	d40	ADJ
fueconorg-2659	9	18	,	,	PUNCT
fueconorg-2659	9	19	g21	g21	NOUN
fueconorg-2659	9	20	introduction	introduction	NOUN
fueconorg-2659	9	21	in	in	ADP
fueconorg-2659	9	22	the	the	DET
fueconorg-2659	9	23	analysis	analysis	NOUN
fueconorg-2659	9	24	of	of	ADP
fueconorg-2659	9	25	the	the	DET
fueconorg-2659	9	26	market	market	NOUN
fueconorg-2659	9	27	structures	structure	NOUN
fueconorg-2659	9	28	,	,	PUNCT
fueconorg-2659	9	29	the	the	DET
fueconorg-2659	9	30	basic	basic	ADJ
fueconorg-2659	9	31	element	element	NOUN
fueconorg-2659	9	32	is	be	AUX
fueconorg-2659	9	33	the	the	DET
fueconorg-2659	9	34	concentration	concentration	NOUN
fueconorg-2659	9	35	.	.	PUNCT
fueconorg-2659	10	1	it	it	PRON
fueconorg-2659	10	2	is	be	AUX
fueconorg-2659	10	3	believed	believe	VERB
fueconorg-2659	10	4	that	that	SCONJ
fueconorg-2659	10	5	a	a	DET
fueconorg-2659	10	6	particular	particular	ADJ
fueconorg-2659	10	7	branch	branch	NOUN
fueconorg-2659	10	8	,	,	PUNCT
fueconorg-2659	10	9	sector	sector	NOUN
fueconorg-2659	10	10	or	or	CCONJ
fueconorg-2659	10	11	industry	industry	NOUN
fueconorg-2659	10	12	is	be	AUX
fueconorg-2659	10	13	concentrated	concentrate	VERB
fueconorg-2659	10	14	when	when	SCONJ
fueconorg-2659	10	15	a	a	DET
fueconorg-2659	10	16	small	small	ADJ
fueconorg-2659	10	17	number	number	NOUN
fueconorg-2659	10	18	of	of	ADP
fueconorg-2659	10	19	participants	participant	NOUN
fueconorg-2659	10	20	control	control	VERB
fueconorg-2659	10	21	the	the	DET
fueconorg-2659	10	22	majority	majority	NOUN
fueconorg-2659	10	23	of	of	ADP
fueconorg-2659	10	24	overall	overall	ADJ
fueconorg-2659	10	25	activities	activity	NOUN
fueconorg-2659	10	26	or	or	CCONJ
fueconorg-2659	10	27	resources	resource	NOUN
fueconorg-2659	10	28	.	.	PUNCT
fueconorg-2659	11	1	every	every	DET
fueconorg-2659	11	2	company	company	NOUN
fueconorg-2659	11	3	or	or	CCONJ
fueconorg-2659	11	4	an	an	DET
fueconorg-2659	11	5	individual	individual	ADJ
fueconorg-2659	11	6	market	market	NOUN
fueconorg-2659	11	7	participant	participant	NOUN
fueconorg-2659	11	8	aims	aim	VERB
fueconorg-2659	11	9	to	to	PART
fueconorg-2659	11	10	increase	increase	VERB
fueconorg-2659	11	11	their	their	PRON
fueconorg-2659	11	12	market	market	NOUN
fueconorg-2659	11	13	share	share	NOUN
fueconorg-2659	11	14	because	because	SCONJ
fueconorg-2659	11	15	there	there	PRON
fueconorg-2659	11	16	is	be	VERB
fueconorg-2659	11	17	a	a	DET
fueconorg-2659	11	18	positive	positive	ADJ
fueconorg-2659	11	19	reciprocity	reciprocity	NOUN
fueconorg-2659	11	20	between	between	ADP
fueconorg-2659	11	21	market	market	NOUN
fueconorg-2659	11	22	share	share	NOUN
fueconorg-2659	11	23	and	and	CCONJ
fueconorg-2659	11	24	profitability	profitability	NOUN
fueconorg-2659	11	25	.	.	PUNCT
fueconorg-2659	12	1	increasing	increase	VERB
fueconorg-2659	12	2	the	the	DET
fueconorg-2659	12	3	concentration	concentration	NOUN
fueconorg-2659	12	4	in	in	ADP
fueconorg-2659	12	5	certain	certain	ADJ
fueconorg-2659	12	6	sectors	sector	NOUN
fueconorg-2659	12	7	of	of	ADP
fueconorg-2659	12	8	the	the	DET
fueconorg-2659	12	9	banking	banking	NOUN
fueconorg-2659	12	10	market	market	NOUN
fueconorg-2659	12	11	can	can	AUX
fueconorg-2659	12	12	lead	lead	VERB
fueconorg-2659	12	13	to	to	ADP
fueconorg-2659	12	14	undesirable	undesirable	ADJ
fueconorg-2659	12	15	market	market	NOUN
fueconorg-2659	12	16	power	power	NOUN
fueconorg-2659	12	17	of	of	ADP
fueconorg-2659	12	18	banks	bank	NOUN
fueconorg-2659	12	19	.	.	PUNCT
fueconorg-2659	13	1	also	also	ADV
fueconorg-2659	13	2	,	,	PUNCT
fueconorg-2659	13	3	the	the	DET
fueconorg-2659	13	4	accuracy	accuracy	NOUN
fueconorg-2659	13	5	and	and	CCONJ
fueconorg-2659	13	6	stability	stability	NOUN
fueconorg-2659	13	7	of	of	ADP
fueconorg-2659	13	8	the	the	DET
fueconorg-2659	13	9	financial	financial	ADJ
fueconorg-2659	13	10	sector	sector	NOUN
fueconorg-2659	13	11	can	can	AUX
fueconorg-2659	13	12	variously	variously	ADV
fueconorg-2659	13	13	affect	affect	VERB
fueconorg-2659	13	14	the	the	DET
fueconorg-2659	13	15	degree	degree	NOUN
fueconorg-2659	13	16	of	of	ADP
fueconorg-2659	13	17	the	the	DET
fueconorg-2659	13	18	concentration	concentration	NOUN
fueconorg-2659	13	19	and	and	CCONJ
fueconorg-2659	13	20	competition	competition	NOUN
fueconorg-2659	13	21	.	.	PUNCT
fueconorg-2659	14	1	the	the	DET
fueconorg-2659	14	2	concentration	concentration	NOUN
fueconorg-2659	14	3	of	of	ADP
fueconorg-2659	14	4	received	receive	VERB
fueconorg-2659	14	5	february	february	PROPN
fueconorg-2659	14	6	28	28	NUM
fueconorg-2659	14	7	,	,	PUNCT
fueconorg-2659	14	8	2017	2017	NUM
fueconorg-2659	14	9	/	/	SYM
fueconorg-2659	14	10	revised	revise	VERB
fueconorg-2659	14	11	april	april	PROPN
fueconorg-2659	14	12	25	25	NUM
fueconorg-2659	14	13	,	,	PUNCT
fueconorg-2659	14	14	2017/	2017/	NUM
fueconorg-2659	14	15	revised	revise	VERB
fueconorg-2659	14	16	july	july	PROPN
fueconorg-2659	14	17	07	07	NUM
fueconorg-2659	14	18	,	,	PUNCT
fueconorg-2659	14	19	2017	2017	NUM
fueconorg-2659	14	20	/	/	SYM
fueconorg-2659	14	21	accepted	accept	VERB
fueconorg-2659	14	22	july	july	PROPN
fueconorg-2659	14	23	13	13	NUM
fueconorg-2659	14	24	,	,	PUNCT
fueconorg-2659	14	25	2017	2017	NUM
fueconorg-2659	14	26	corresponding	correspond	VERB
fueconorg-2659	14	27	author	author	NOUN
fueconorg-2659	14	28	:	:	PUNCT
fueconorg-2659	14	29	eva	eva	NOUN
fueconorg-2659	14	30	eraković	eraković	PROPN
fueconorg-2659	14	31	,	,	PUNCT
fueconorg-2659	14	32	*	*	PUNCT
fueconorg-2659	14	33	phd	phd	NOUN
fueconorg-2659	14	34	student	student	NOUN
fueconorg-2659	14	35	university	university	PROPN
fueconorg-2659	14	36	of	of	ADP
fueconorg-2659	14	37	niš	niš	PROPN
fueconorg-2659	14	38	,	,	PUNCT
fueconorg-2659	14	39	faculty	faculty	NOUN
fueconorg-2659	14	40	of	of	ADP
fueconorg-2659	14	41	economics	economic	NOUN
fueconorg-2659	14	42	,	,	PUNCT
fueconorg-2659	14	43	trg	trg	PROPN
fueconorg-2659	14	44	kralja	kralja	PROPN
fueconorg-2659	14	45	aleksandra	aleksandra	PROPN
fueconorg-2659	14	46	11	11	NUM
fueconorg-2659	14	47	,	,	PUNCT
fueconorg-2659	14	48	serbia	serbia	PROPN
fueconorg-2659	14	49	e	e	NOUN
fueconorg-2659	14	50	-	-	NOUN
fueconorg-2659	14	51	mail	mail	NOUN
fueconorg-2659	14	52	:	:	PUNCT
fueconorg-2659	14	53	evaerakovic89@yahoo.com	evaerakovic89@yahoo.com	X
fueconorg-2659	14	54	282	282	NUM
fueconorg-2659	14	55	e.	e.	PROPN
fueconorg-2659	14	56	eraković	eraković	PROPN
fueconorg-2659	14	57	several	several	ADJ
fueconorg-2659	14	58	banks	bank	NOUN
fueconorg-2659	14	59	in	in	ADP
fueconorg-2659	14	60	the	the	DET
fueconorg-2659	14	61	market	market	NOUN
fueconorg-2659	14	62	indicates	indicate	VERB
fueconorg-2659	14	63	an	an	DET
fueconorg-2659	14	64	unsuccessful	unsuccessful	ADJ
fueconorg-2659	14	65	bank	bank	NOUN
fueconorg-2659	14	66	competition	competition	NOUN
fueconorg-2659	14	67	and	and	CCONJ
fueconorg-2659	14	68	the	the	DET
fueconorg-2659	14	69	inability	inability	NOUN
fueconorg-2659	14	70	of	of	ADP
fueconorg-2659	14	71	the	the	DET
fueconorg-2659	14	72	market	market	NOUN
fueconorg-2659	14	73	to	to	PART
fueconorg-2659	14	74	prevent	prevent	VERB
fueconorg-2659	14	75	this	this	DET
fueconorg-2659	14	76	phenomenon	phenomenon	NOUN
fueconorg-2659	14	77	.	.	PUNCT
fueconorg-2659	15	1	this	this	PRON
fueconorg-2659	15	2	leads	lead	VERB
fueconorg-2659	15	3	to	to	ADP
fueconorg-2659	15	4	improper	improper	ADJ
fueconorg-2659	15	5	functioning	functioning	NOUN
fueconorg-2659	15	6	of	of	ADP
fueconorg-2659	15	7	the	the	DET
fueconorg-2659	15	8	system	system	NOUN
fueconorg-2659	15	9	and	and	CCONJ
fueconorg-2659	15	10	has	have	VERB
fueconorg-2659	15	11	a	a	DET
fueconorg-2659	15	12	negative	negative	ADJ
fueconorg-2659	15	13	impact	impact	NOUN
fueconorg-2659	15	14	on	on	ADP
fueconorg-2659	15	15	the	the	DET
fueconorg-2659	15	16	normal	normal	ADJ
fueconorg-2659	15	17	operation	operation	NOUN
fueconorg-2659	15	18	of	of	ADP
fueconorg-2659	15	19	banks	bank	NOUN
fueconorg-2659	15	20	.	.	PUNCT
fueconorg-2659	16	1	today	today	NOUN
fueconorg-2659	16	2	,	,	PUNCT
fueconorg-2659	16	3	the	the	DET
fueconorg-2659	16	4	protection	protection	NOUN
fueconorg-2659	16	5	of	of	ADP
fueconorg-2659	16	6	the	the	DET
fueconorg-2659	16	7	financial	financial	ADJ
fueconorg-2659	16	8	system	system	NOUN
fueconorg-2659	16	9	health	health	NOUN
fueconorg-2659	16	10	is	be	AUX
fueconorg-2659	16	11	one	one	NUM
fueconorg-2659	16	12	of	of	ADP
fueconorg-2659	16	13	the	the	DET
fueconorg-2659	16	14	key	key	ADJ
fueconorg-2659	16	15	objectives	objective	NOUN
fueconorg-2659	16	16	of	of	ADP
fueconorg-2659	16	17	banking	banking	NOUN
fueconorg-2659	16	18	supervision	supervision	NOUN
fueconorg-2659	16	19	.	.	PUNCT
fueconorg-2659	17	1	changing	change	VERB
fueconorg-2659	17	2	business	business	NOUN
fueconorg-2659	17	3	conditions	condition	NOUN
fueconorg-2659	17	4	in	in	ADP
fueconorg-2659	17	5	the	the	DET
fueconorg-2659	17	6	market	market	NOUN
fueconorg-2659	17	7	make	make	VERB
fueconorg-2659	17	8	constant	constant	ADJ
fueconorg-2659	17	9	pressure	pressure	NOUN
fueconorg-2659	17	10	on	on	ADP
fueconorg-2659	17	11	banks	bank	NOUN
fueconorg-2659	17	12	to	to	PART
fueconorg-2659	17	13	increase	increase	VERB
fueconorg-2659	17	14	their	their	PRON
fueconorg-2659	17	15	income	income	NOUN
fueconorg-2659	17	16	and	and	CCONJ
fueconorg-2659	17	17	to	to	PART
fueconorg-2659	17	18	control	control	VERB
fueconorg-2659	17	19	their	their	PRON
fueconorg-2659	17	20	costs	cost	NOUN
fueconorg-2659	17	21	.	.	PUNCT
fueconorg-2659	18	1	technological	technological	ADJ
fueconorg-2659	18	2	innovation	innovation	NOUN
fueconorg-2659	18	3	in	in	ADP
fueconorg-2659	18	4	the	the	DET
fueconorg-2659	18	5	form	form	NOUN
fueconorg-2659	18	6	of	of	ADP
fueconorg-2659	18	7	improved	improved	ADJ
fueconorg-2659	18	8	communication	communication	NOUN
fueconorg-2659	18	9	and	and	CCONJ
fueconorg-2659	18	10	data	datum	NOUN
fueconorg-2659	18	11	processing	processing	NOUN
fueconorg-2659	18	12	,	,	PUNCT
fueconorg-2659	18	13	also	also	ADV
fueconorg-2659	18	14	,	,	PUNCT
fueconorg-2659	18	15	emphasizes	emphasize	VERB
fueconorg-2659	18	16	the	the	DET
fueconorg-2659	18	17	importance	importance	NOUN
fueconorg-2659	18	18	of	of	ADP
fueconorg-2659	18	19	efficiency	efficiency	NOUN
fueconorg-2659	18	20	.	.	PUNCT
fueconorg-2659	19	1	numerous	numerous	ADJ
fueconorg-2659	19	2	statistical	statistical	ADJ
fueconorg-2659	19	3	studies	study	NOUN
fueconorg-2659	19	4	have	have	AUX
fueconorg-2659	19	5	shown	show	VERB
fueconorg-2659	19	6	that	that	SCONJ
fueconorg-2659	19	7	the	the	DET
fueconorg-2659	19	8	most	most	ADV
fueconorg-2659	19	9	efficient	efficient	ADJ
fueconorg-2659	19	10	banks	bank	NOUN
fueconorg-2659	19	11	have	have	VERB
fueconorg-2659	19	12	significant	significant	ADJ
fueconorg-2659	19	13	cost	cost	NOUN
fueconorg-2659	19	14	savings	saving	NOUN
fueconorg-2659	19	15	and	and	CCONJ
fueconorg-2659	19	16	a	a	DET
fueconorg-2659	19	17	competitive	competitive	ADJ
fueconorg-2659	19	18	advantage	advantage	NOUN
fueconorg-2659	19	19	compared	compare	VERB
fueconorg-2659	19	20	to	to	ADP
fueconorg-2659	19	21	those	those	PRON
fueconorg-2659	19	22	with	with	ADP
fueconorg-2659	19	23	average	average	ADJ
fueconorg-2659	19	24	or	or	CCONJ
fueconorg-2659	19	25	below	below	ADP
fueconorg-2659	19	26	average	average	ADJ
fueconorg-2659	19	27	level	level	NOUN
fueconorg-2659	19	28	of	of	ADP
fueconorg-2659	19	29	efficiency	efficiency	NOUN
fueconorg-2659	19	30	.	.	PUNCT
fueconorg-2659	20	1	the	the	DET
fueconorg-2659	20	2	subject	subject	NOUN
fueconorg-2659	20	3	of	of	ADP
fueconorg-2659	20	4	this	this	DET
fueconorg-2659	20	5	research	research	NOUN
fueconorg-2659	20	6	is	be	AUX
fueconorg-2659	20	7	to	to	PART
fueconorg-2659	20	8	determine	determine	VERB
fueconorg-2659	20	9	the	the	DET
fueconorg-2659	20	10	relationship	relationship	NOUN
fueconorg-2659	20	11	level	level	NOUN
fueconorg-2659	20	12	between	between	ADP
fueconorg-2659	20	13	the	the	DET
fueconorg-2659	20	14	concentration	concentration	NOUN
fueconorg-2659	20	15	and	and	CCONJ
fueconorg-2659	20	16	efficiency	efficiency	NOUN
fueconorg-2659	20	17	in	in	ADP
fueconorg-2659	20	18	the	the	DET
fueconorg-2659	20	19	banking	banking	NOUN
fueconorg-2659	20	20	sector	sector	NOUN
fueconorg-2659	20	21	of	of	ADP
fueconorg-2659	20	22	the	the	DET
fueconorg-2659	20	23	republic	republic	NOUN
fueconorg-2659	20	24	of	of	ADP
fueconorg-2659	20	25	serbia	serbia	PROPN
fueconorg-2659	20	26	,	,	PUNCT
fueconorg-2659	20	27	in	in	ADP
fueconorg-2659	20	28	the	the	DET
fueconorg-2659	20	29	time	time	NOUN
fueconorg-2659	20	30	interval	interval	NOUN
fueconorg-2659	20	31	from	from	ADP
fueconorg-2659	20	32	2008	2008	NUM
fueconorg-2659	20	33	to	to	ADP
fueconorg-2659	20	34	2015	2015	NUM
fueconorg-2659	20	35	.	.	PUNCT
fueconorg-2659	21	1	for	for	ADP
fueconorg-2659	21	2	the	the	DET
fueconorg-2659	21	3	purpose	purpose	NOUN
fueconorg-2659	21	4	of	of	ADP
fueconorg-2659	21	5	the	the	DET
fueconorg-2659	21	6	study	study	NOUN
fueconorg-2659	21	7	,	,	PUNCT
fueconorg-2659	21	8	as	as	ADP
fueconorg-2659	21	9	a	a	DET
fueconorg-2659	21	10	concentration	concentration	NOUN
fueconorg-2659	21	11	indicator	indicator	NOUN
fueconorg-2659	21	12	,	,	PUNCT
fueconorg-2659	21	13	herfindahl	herfindahl	NOUN
fueconorg-2659	21	14	-	-	PUNCT
fueconorg-2659	21	15	hirschman	hirschman	NOUN
fueconorg-2659	21	16	index	index	NOUN
fueconorg-2659	21	17	was	be	AUX
fueconorg-2659	21	18	used	use	VERB
fueconorg-2659	21	19	,	,	PUNCT
fueconorg-2659	21	20	and	and	CCONJ
fueconorg-2659	21	21	as	as	ADP
fueconorg-2659	21	22	a	a	DET
fueconorg-2659	21	23	measure	measure	NOUN
fueconorg-2659	21	24	of	of	ADP
fueconorg-2659	21	25	efficiency	efficiency	NOUN
fueconorg-2659	21	26	,	,	PUNCT
fueconorg-2659	21	27	cost	cost	VERB
fueconorg-2659	21	28	to	to	ADP
fueconorg-2659	21	29	income	income	NOUN
fueconorg-2659	21	30	ratio	ratio	NOUN
fueconorg-2659	21	31	.	.	PUNCT
fueconorg-2659	22	1	1	1	X
fueconorg-2659	22	2	.	.	X
fueconorg-2659	22	3	market	market	NOUN
fueconorg-2659	22	4	concentration	concentration	NOUN
fueconorg-2659	22	5	in	in	ADP
fueconorg-2659	22	6	the	the	DET
fueconorg-2659	22	7	banking	banking	NOUN
fueconorg-2659	22	8	sector	sector	NOUN
fueconorg-2659	22	9	“	"	PUNCT
fueconorg-2659	22	10	concentration	concentration	NOUN
fueconorg-2659	22	11	,	,	PUNCT
fueconorg-2659	22	12	as	as	ADP
fueconorg-2659	22	13	an	an	DET
fueconorg-2659	22	14	indicator	indicator	NOUN
fueconorg-2659	22	15	of	of	ADP
fueconorg-2659	22	16	the	the	DET
fueconorg-2659	22	17	degree	degree	NOUN
fueconorg-2659	22	18	to	to	PART
fueconorg-2659	22	19	which	which	PRON
fueconorg-2659	22	20	the	the	DET
fueconorg-2659	22	21	total	total	ADJ
fueconorg-2659	22	22	production	production	NOUN
fueconorg-2659	22	23	or	or	CCONJ
fueconorg-2659	22	24	sale	sale	NOUN
fueconorg-2659	22	25	in	in	ADP
fueconorg-2659	22	26	the	the	DET
fueconorg-2659	22	27	market	market	NOUN
fueconorg-2659	22	28	is	be	AUX
fueconorg-2659	22	29	in	in	ADP
fueconorg-2659	22	30	the	the	DET
fueconorg-2659	22	31	hands	hand	NOUN
fueconorg-2659	22	32	of	of	ADP
fueconorg-2659	22	33	a	a	DET
fueconorg-2659	22	34	small	small	ADJ
fueconorg-2659	22	35	number	number	NOUN
fueconorg-2659	22	36	of	of	ADP
fueconorg-2659	22	37	market	market	NOUN
fueconorg-2659	22	38	participants	participant	NOUN
fueconorg-2659	22	39	,	,	PUNCT
fueconorg-2659	22	40	is	be	AUX
fueconorg-2659	22	41	the	the	DET
fueconorg-2659	22	42	measure	measure	NOUN
fueconorg-2659	22	43	of	of	ADP
fueconorg-2659	22	44	the	the	DET
fueconorg-2659	22	45	competition	competition	NOUN
fueconorg-2659	22	46	intensity	intensity	NOUN
fueconorg-2659	22	47	.	.	PUNCT
fueconorg-2659	23	1	the	the	DET
fueconorg-2659	23	2	high	high	ADJ
fueconorg-2659	23	3	level	level	NOUN
fueconorg-2659	23	4	of	of	ADP
fueconorg-2659	23	5	competition	competition	NOUN
fueconorg-2659	23	6	with	with	ADP
fueconorg-2659	23	7	the	the	DET
fueconorg-2659	23	8	low	low	ADJ
fueconorg-2659	23	9	level	level	NOUN
fueconorg-2659	23	10	of	of	ADP
fueconorg-2659	23	11	concentration	concentration	NOUN
fueconorg-2659	23	12	is	be	AUX
fueconorg-2659	23	13	healthy	healthy	ADJ
fueconorg-2659	23	14	for	for	ADP
fueconorg-2659	23	15	each	each	DET
fueconorg-2659	23	16	branch	branch	NOUN
fueconorg-2659	23	17	and	and	CCONJ
fueconorg-2659	23	18	the	the	DET
fueconorg-2659	23	19	economy	economy	NOUN
fueconorg-2659	23	20	in	in	ADP
fueconorg-2659	23	21	general	general	ADJ
fueconorg-2659	23	22	”	"	PUNCT
fueconorg-2659	23	23	(	(	PUNCT
fueconorg-2659	23	24	stojanović	stojanović	NOUN
fueconorg-2659	23	25	et	et	PROPN
fueconorg-2659	23	26	al	al	PROPN
fueconorg-2659	23	27	.	.	PROPN
fueconorg-2659	23	28	,	,	PUNCT
fueconorg-2659	23	29	2010	2010	NUM
fueconorg-2659	23	30	,	,	PUNCT
fueconorg-2659	23	31	p.	p.	NOUN
fueconorg-2659	23	32	58	58	NUM
fueconorg-2659	23	33	)	)	PUNCT
fueconorg-2659	23	34	.	.	PUNCT
fueconorg-2659	24	1	the	the	DET
fueconorg-2659	24	2	concept	concept	NOUN
fueconorg-2659	24	3	of	of	ADP
fueconorg-2659	24	4	concentration	concentration	NOUN
fueconorg-2659	24	5	is	be	AUX
fueconorg-2659	24	6	one	one	NUM
fueconorg-2659	24	7	of	of	ADP
fueconorg-2659	24	8	the	the	DET
fueconorg-2659	24	9	basic	basic	ADJ
fueconorg-2659	24	10	elements	element	NOUN
fueconorg-2659	24	11	in	in	ADP
fueconorg-2659	24	12	the	the	DET
fueconorg-2659	24	13	analysis	analysis	NOUN
fueconorg-2659	24	14	of	of	ADP
fueconorg-2659	24	15	market	market	NOUN
fueconorg-2659	24	16	structure	structure	NOUN
fueconorg-2659	24	17	,	,	PUNCT
fueconorg-2659	24	18	i.e.	i.e.	X
fueconorg-2659	24	19	market	market	NOUN
fueconorg-2659	24	20	power	power	NOUN
fueconorg-2659	24	21	in	in	ADP
fueconorg-2659	24	22	a	a	DET
fueconorg-2659	24	23	particular	particular	ADJ
fueconorg-2659	24	24	industry	industry	NOUN
fueconorg-2659	24	25	,	,	PUNCT
fueconorg-2659	24	26	sector	sector	NOUN
fueconorg-2659	24	27	or	or	CCONJ
fueconorg-2659	24	28	branch	branch	NOUN
fueconorg-2659	24	29	.	.	PUNCT
fueconorg-2659	25	1	the	the	DET
fueconorg-2659	25	2	concentration	concentration	NOUN
fueconorg-2659	25	3	exists	exist	VERB
fueconorg-2659	25	4	when	when	SCONJ
fueconorg-2659	25	5	there	there	PRON
fueconorg-2659	25	6	is	be	VERB
fueconorg-2659	25	7	a	a	DET
fueconorg-2659	25	8	larger	large	ADJ
fueconorg-2659	25	9	part	part	NOUN
fueconorg-2659	25	10	of	of	ADP
fueconorg-2659	25	11	the	the	DET
fueconorg-2659	25	12	total	total	ADJ
fueconorg-2659	25	13	resources	resource	NOUN
fueconorg-2659	25	14	or	or	CCONJ
fueconorg-2659	25	15	activities	activity	NOUN
fueconorg-2659	25	16	under	under	ADP
fueconorg-2659	25	17	the	the	DET
fueconorg-2659	25	18	supervision	supervision	NOUN
fueconorg-2659	25	19	of	of	ADP
fueconorg-2659	25	20	a	a	DET
fueconorg-2659	25	21	small	small	ADJ
fueconorg-2659	25	22	part	part	NOUN
fueconorg-2659	25	23	of	of	ADP
fueconorg-2659	25	24	the	the	DET
fueconorg-2659	25	25	total	total	ADJ
fueconorg-2659	25	26	number	number	NOUN
fueconorg-2659	25	27	of	of	ADP
fueconorg-2659	25	28	units	unit	NOUN
fueconorg-2659	25	29	that	that	PRON
fueconorg-2659	25	30	supervise	supervise	VERB
fueconorg-2659	25	31	this	this	DET
fueconorg-2659	25	32	resource	resource	NOUN
fueconorg-2659	25	33	,	,	PUNCT
fueconorg-2659	25	34	i.e.	i.e.	X
fueconorg-2659	25	35	this	this	DET
fueconorg-2659	25	36	activity	activity	NOUN
fueconorg-2659	25	37	.	.	PUNCT
fueconorg-2659	26	1	there	there	PRON
fueconorg-2659	26	2	are	be	VERB
fueconorg-2659	26	3	two	two	NUM
fueconorg-2659	26	4	factors	factor	NOUN
fueconorg-2659	26	5	of	of	ADP
fueconorg-2659	26	6	concentration	concentration	NOUN
fueconorg-2659	26	7	:	:	PUNCT
fueconorg-2659	26	8	the	the	DET
fueconorg-2659	26	9	absolute	absolute	ADJ
fueconorg-2659	26	10	number	number	NOUN
fueconorg-2659	26	11	of	of	ADP
fueconorg-2659	26	12	enterprises	enterprise	NOUN
fueconorg-2659	26	13	,	,	PUNCT
fueconorg-2659	26	14	which	which	PRON
fueconorg-2659	26	15	constitute	constitute	VERB
fueconorg-2659	26	16	one	one	NUM
fueconorg-2659	26	17	industry	industry	NOUN
fueconorg-2659	26	18	,	,	PUNCT
fueconorg-2659	26	19	and	and	CCONJ
fueconorg-2659	26	20	the	the	DET
fueconorg-2659	26	21	relative	relative	ADJ
fueconorg-2659	26	22	size	size	NOUN
fueconorg-2659	26	23	of	of	ADP
fueconorg-2659	26	24	companies	company	NOUN
fueconorg-2659	26	25	in	in	ADP
fueconorg-2659	26	26	relation	relation	NOUN
fueconorg-2659	26	27	to	to	ADP
fueconorg-2659	26	28	the	the	DET
fueconorg-2659	26	29	entire	entire	ADJ
fueconorg-2659	26	30	industry	industry	NOUN
fueconorg-2659	26	31	.	.	PUNCT
fueconorg-2659	27	1	concentrations	concentration	NOUN
fueconorg-2659	27	2	can	can	AUX
fueconorg-2659	27	3	be	be	AUX
fueconorg-2659	27	4	:	:	PUNCT
fueconorg-2659	27	5	horizontal	horizontal	ADJ
fueconorg-2659	27	6	,	,	PUNCT
fueconorg-2659	27	7	vertical	vertical	ADJ
fueconorg-2659	27	8	and	and	CCONJ
fueconorg-2659	27	9	conglomerate	conglomerate	NOUN
fueconorg-2659	27	10	.	.	PUNCT
fueconorg-2659	28	1	in	in	ADP
fueconorg-2659	28	2	the	the	DET
fueconorg-2659	28	3	banking	banking	NOUN
fueconorg-2659	28	4	sector	sector	NOUN
fueconorg-2659	28	5	,	,	PUNCT
fueconorg-2659	28	6	as	as	ADP
fueconorg-2659	28	7	a	a	DET
fueconorg-2659	28	8	rule	rule	NOUN
fueconorg-2659	28	9	,	,	PUNCT
fueconorg-2659	28	10	concentrations	concentration	NOUN
fueconorg-2659	28	11	are	be	AUX
fueconorg-2659	28	12	horizontal	horizontal	ADJ
fueconorg-2659	28	13	.	.	PUNCT
fueconorg-2659	29	1	these	these	PRON
fueconorg-2659	29	2	include	include	VERB
fueconorg-2659	29	3	connecting	connect	VERB
fueconorg-2659	29	4	of	of	ADP
fueconorg-2659	29	5	competitors	competitor	NOUN
fueconorg-2659	29	6	in	in	ADP
fueconorg-2659	29	7	a	a	DET
fueconorg-2659	29	8	market	market	NOUN
fueconorg-2659	29	9	who	who	PRON
fueconorg-2659	29	10	offer	offer	VERB
fueconorg-2659	29	11	mutual	mutual	ADJ
fueconorg-2659	29	12	substituent	substituent	NOUN
fueconorg-2659	29	13	products	product	NOUN
fueconorg-2659	29	14	and	and	CCONJ
fueconorg-2659	29	15	services	service	NOUN
fueconorg-2659	29	16	.	.	PUNCT
fueconorg-2659	30	1	affiliation	affiliation	NOUN
fueconorg-2659	30	2	,	,	PUNCT
fueconorg-2659	30	3	merging	merging	NOUN
fueconorg-2659	30	4	and	and	CCONJ
fueconorg-2659	30	5	acquisition	acquisition	NOUN
fueconorg-2659	30	6	of	of	ADP
fueconorg-2659	30	7	banks	bank	NOUN
fueconorg-2659	30	8	by	by	ADP
fueconorg-2659	30	9	more	more	ADJ
fueconorg-2659	30	10	market	market	NOUN
fueconorg-2659	30	11	-	-	PUNCT
fueconorg-2659	30	12	powerful	powerful	ADJ
fueconorg-2659	30	13	banking	banking	NOUN
fueconorg-2659	30	14	institutions	institution	NOUN
fueconorg-2659	30	15	are	be	AUX
fueconorg-2659	30	16	the	the	DET
fueconorg-2659	30	17	most	most	ADV
fueconorg-2659	30	18	visible	visible	ADJ
fueconorg-2659	30	19	aspect	aspect	NOUN
fueconorg-2659	30	20	of	of	ADP
fueconorg-2659	30	21	concentrations	concentration	NOUN
fueconorg-2659	30	22	in	in	ADP
fueconorg-2659	30	23	this	this	DET
fueconorg-2659	30	24	area	area	NOUN
fueconorg-2659	30	25	.	.	PUNCT
fueconorg-2659	31	1	however	however	ADV
fueconorg-2659	31	2	,	,	PUNCT
fueconorg-2659	31	3	due	due	ADP
fueconorg-2659	31	4	to	to	ADP
fueconorg-2659	31	5	strengthening	strengthening	NOUN
fueconorg-2659	31	6	of	of	ADP
fueconorg-2659	31	7	the	the	DET
fueconorg-2659	31	8	banking	banking	NOUN
fueconorg-2659	31	9	sector	sector	NOUN
fueconorg-2659	31	10	,	,	PUNCT
fueconorg-2659	31	11	there	there	PRON
fueconorg-2659	31	12	has	have	AUX
fueconorg-2659	31	13	also	also	ADV
fueconorg-2659	31	14	been	be	AUX
fueconorg-2659	31	15	bank	bank	NOUN
fueconorg-2659	31	16	merging	merge	VERB
fueconorg-2659	31	17	with	with	ADP
fueconorg-2659	31	18	other	other	ADJ
fueconorg-2659	31	19	types	type	NOUN
fueconorg-2659	31	20	of	of	ADP
fueconorg-2659	31	21	financial	financial	ADJ
fueconorg-2659	31	22	institutions	institution	NOUN
fueconorg-2659	31	23	which	which	PRON
fueconorg-2659	31	24	have	have	AUX
fueconorg-2659	31	25	offered	offer	VERB
fueconorg-2659	31	26	different	different	ADJ
fueconorg-2659	31	27	products	product	NOUN
fueconorg-2659	31	28	and	and	CCONJ
fueconorg-2659	31	29	services	service	NOUN
fueconorg-2659	31	30	,	,	PUNCT
fueconorg-2659	31	31	by	by	ADP
fueconorg-2659	31	32	which	which	PRON
fueconorg-2659	31	33	the	the	DET
fueconorg-2659	31	34	banks	bank	NOUN
fueconorg-2659	31	35	expanded	expand	VERB
fueconorg-2659	31	36	their	their	PRON
fueconorg-2659	31	37	range	range	NOUN
fueconorg-2659	31	38	of	of	ADP
fueconorg-2659	31	39	products	product	NOUN
fueconorg-2659	31	40	and	and	CCONJ
fueconorg-2659	31	41	services	service	NOUN
fueconorg-2659	31	42	.	.	PUNCT
fueconorg-2659	32	1	these	these	DET
fueconorg-2659	32	2	processes	process	NOUN
fueconorg-2659	32	3	have	have	AUX
fueconorg-2659	32	4	resulted	result	VERB
fueconorg-2659	32	5	in	in	ADP
fueconorg-2659	32	6	a	a	DET
fueconorg-2659	32	7	creation	creation	NOUN
fueconorg-2659	32	8	of	of	ADP
fueconorg-2659	32	9	large	large	ADJ
fueconorg-2659	32	10	banks	bank	NOUN
fueconorg-2659	32	11	,	,	PUNCT
fueconorg-2659	32	12	i.e.	i.e.	X
fueconorg-2659	32	13	"	"	PUNCT
fueconorg-2659	32	14	financial	financial	ADJ
fueconorg-2659	32	15	institutions	institution	NOUN
fueconorg-2659	32	16	that	that	PRON
fueconorg-2659	32	17	are	be	AUX
fueconorg-2659	32	18	so	so	ADV
fueconorg-2659	32	19	big	big	ADJ
fueconorg-2659	32	20	that	that	SCONJ
fueconorg-2659	32	21	their	their	PRON
fueconorg-2659	32	22	activities	activity	NOUN
fueconorg-2659	32	23	represent	represent	VERB
fueconorg-2659	32	24	a	a	DET
fueconorg-2659	32	25	significant	significant	ADJ
fueconorg-2659	32	26	share	share	NOUN
fueconorg-2659	32	27	in	in	ADP
fueconorg-2659	32	28	the	the	DET
fueconorg-2659	32	29	payment	payment	NOUN
fueconorg-2659	32	30	system	system	NOUN
fueconorg-2659	32	31	of	of	ADP
fueconorg-2659	32	32	a	a	DET
fueconorg-2659	32	33	country	country	NOUN
fueconorg-2659	32	34	,	,	PUNCT
fueconorg-2659	32	35	in	in	ADP
fueconorg-2659	32	36	the	the	DET
fueconorg-2659	32	37	process	process	NOUN
fueconorg-2659	32	38	of	of	ADP
fueconorg-2659	32	39	granting	grant	VERB
fueconorg-2659	32	40	loans	loan	NOUN
fueconorg-2659	32	41	and	and	CCONJ
fueconorg-2659	32	42	in	in	ADP
fueconorg-2659	32	43	other	other	ADJ
fueconorg-2659	32	44	financial	financial	ADJ
fueconorg-2659	32	45	services	service	NOUN
fueconorg-2659	32	46	.	.	PUNCT
fueconorg-2659	33	1	the	the	DET
fueconorg-2659	33	2	result	result	NOUN
fueconorg-2659	33	3	is	be	AUX
fueconorg-2659	33	4	that	that	SCONJ
fueconorg-2659	33	5	any	any	DET
fueconorg-2659	33	6	significant	significant	ADJ
fueconorg-2659	33	7	disruption	disruption	NOUN
fueconorg-2659	33	8	in	in	ADP
fueconorg-2659	33	9	the	the	DET
fueconorg-2659	33	10	operations	operation	NOUN
fueconorg-2659	33	11	of	of	ADP
fueconorg-2659	33	12	such	such	ADJ
fueconorg-2659	33	13	institution	institution	NOUN
fueconorg-2659	33	14	has	have	VERB
fueconorg-2659	33	15	a	a	DET
fueconorg-2659	33	16	serious	serious	ADJ
fueconorg-2659	33	17	impact	impact	NOUN
fueconorg-2659	33	18	on	on	ADP
fueconorg-2659	33	19	the	the	DET
fueconorg-2659	33	20	financial	financial	ADJ
fueconorg-2659	33	21	market	market	NOUN
fueconorg-2659	33	22	of	of	ADP
fueconorg-2659	33	23	that	that	DET
fueconorg-2659	33	24	country	country	NOUN
fueconorg-2659	33	25	.	.	PUNCT
fueconorg-2659	34	1	the	the	DET
fueconorg-2659	34	2	consequence	consequence	NOUN
fueconorg-2659	34	3	of	of	ADP
fueconorg-2659	34	4	this	this	DET
fueconorg-2659	34	5	big	big	ADJ
fueconorg-2659	34	6	to	to	PART
fueconorg-2659	34	7	fail	fail	VERB
fueconorg-2659	34	8	factor	factor	NOUN
fueconorg-2659	34	9	is	be	AUX
fueconorg-2659	34	10	that	that	SCONJ
fueconorg-2659	34	11	the	the	DET
fueconorg-2659	34	12	country	country	NOUN
fueconorg-2659	34	13	protects	protect	VERB
fueconorg-2659	34	14	the	the	DET
fueconorg-2659	34	15	business	business	NOUN
fueconorg-2659	34	16	of	of	ADP
fueconorg-2659	34	17	such	such	ADJ
fueconorg-2659	34	18	institutions	institution	NOUN
fueconorg-2659	34	19	and	and	CCONJ
fueconorg-2659	34	20	their	their	PRON
fueconorg-2659	34	21	customers	customer	NOUN
fueconorg-2659	34	22	in	in	ADP
fueconorg-2659	34	23	a	a	DET
fueconorg-2659	34	24	way	way	NOUN
fueconorg-2659	34	25	that	that	PRON
fueconorg-2659	34	26	does	do	AUX
fueconorg-2659	34	27	not	not	PART
fueconorg-2659	34	28	guarantee	guarantee	VERB
fueconorg-2659	34	29	the	the	DET
fueconorg-2659	34	30	other	other	ADJ
fueconorg-2659	34	31	market	market	NOUN
fueconorg-2659	34	32	participants	participant	NOUN
fueconorg-2659	34	33	"	"	PUNCT
fueconorg-2659	34	34	(	(	PUNCT
fueconorg-2659	34	35	petrović	petrović	NOUN
fueconorg-2659	34	36	&	&	CCONJ
fueconorg-2659	34	37	ružić	ružić	PROPN
fueconorg-2659	34	38	,	,	PUNCT
fueconorg-2659	34	39	2001	2001	NUM
fueconorg-2659	34	40	,	,	PUNCT
fueconorg-2659	34	41	p.	p.	NOUN
fueconorg-2659	34	42	9	9	NUM
fueconorg-2659	34	43	)	)	PUNCT
fueconorg-2659	34	44	.	.	PUNCT
fueconorg-2659	35	1	as	as	ADP
fueconorg-2659	35	2	in	in	ADP
fueconorg-2659	35	3	other	other	ADJ
fueconorg-2659	35	4	industries	industry	NOUN
fueconorg-2659	35	5	,	,	PUNCT
fueconorg-2659	35	6	the	the	DET
fueconorg-2659	35	7	level	level	NOUN
fueconorg-2659	35	8	of	of	ADP
fueconorg-2659	35	9	competition	competition	NOUN
fueconorg-2659	35	10	in	in	ADP
fueconorg-2659	35	11	the	the	DET
fueconorg-2659	35	12	banking	banking	NOUN
fueconorg-2659	35	13	sector	sector	NOUN
fueconorg-2659	35	14	is	be	AUX
fueconorg-2659	35	15	essential	essential	ADJ
fueconorg-2659	35	16	to	to	ADP
fueconorg-2659	35	17	the	the	DET
fueconorg-2659	35	18	production	production	NOUN
fueconorg-2659	35	19	efficiency	efficiency	NOUN
fueconorg-2659	35	20	of	of	ADP
fueconorg-2659	35	21	banking	banking	NOUN
fueconorg-2659	35	22	services	service	NOUN
fueconorg-2659	35	23	,	,	PUNCT
fueconorg-2659	35	24	product	product	NOUN
fueconorg-2659	35	25	quality	quality	NOUN
fueconorg-2659	35	26	and	and	CCONJ
fueconorg-2659	35	27	level	level	NOUN
fueconorg-2659	35	28	of	of	ADP
fueconorg-2659	35	29	innovation	innovation	NOUN
fueconorg-2659	35	30	in	in	ADP
fueconorg-2659	35	31	the	the	DET
fueconorg-2659	35	32	sector	sector	NOUN
fueconorg-2659	35	33	.	.	PUNCT
fueconorg-2659	36	1	determining	determine	VERB
fueconorg-2659	36	2	the	the	DET
fueconorg-2659	36	3	degree	degree	NOUN
fueconorg-2659	36	4	of	of	ADP
fueconorg-2659	36	5	competition	competition	NOUN
fueconorg-2659	36	6	and	and	CCONJ
fueconorg-2659	36	7	concentrations	concentration	NOUN
fueconorg-2659	36	8	in	in	ADP
fueconorg-2659	36	9	the	the	DET
fueconorg-2659	36	10	banking	banking	NOUN
fueconorg-2659	36	11	sector	sector	NOUN
fueconorg-2659	36	12	and	and	CCONJ
fueconorg-2659	36	13	the	the	DET
fueconorg-2659	36	14	relationship	relationship	NOUN
fueconorg-2659	36	15	between	between	ADP
fueconorg-2659	36	16	these	these	DET
fueconorg-2659	36	17	concepts	concept	NOUN
fueconorg-2659	36	18	represents	represent	VERB
fueconorg-2659	36	19	the	the	DET
fueconorg-2659	36	20	analytical	analytical	ADJ
fueconorg-2659	36	21	and	and	CCONJ
fueconorg-2659	36	22	methodological	methodological	ADJ
fueconorg-2659	36	23	issue	issue	NOUN
fueconorg-2659	36	24	.	.	PUNCT
fueconorg-2659	37	1	concentration	concentration	NOUN
fueconorg-2659	37	2	effect	effect	NOUN
fueconorg-2659	37	3	on	on	ADP
fueconorg-2659	37	4	the	the	DET
fueconorg-2659	37	5	efficiency	efficiency	NOUN
fueconorg-2659	37	6	of	of	ADP
fueconorg-2659	37	7	banking	banking	NOUN
fueconorg-2659	37	8	sector	sector	NOUN
fueconorg-2659	37	9	in	in	ADP
fueconorg-2659	37	10	the	the	DET
fueconorg-2659	37	11	republic	republic	NOUN
fueconorg-2659	37	12	of	of	ADP
fueconorg-2659	37	13	serbia	serbia	PROPN
fueconorg-2659	37	14	283	283	NUM
fueconorg-2659	37	15	numerous	numerous	ADJ
fueconorg-2659	37	16	empirical	empirical	ADJ
fueconorg-2659	37	17	studies	study	NOUN
fueconorg-2659	37	18	have	have	AUX
fueconorg-2659	37	19	been	be	AUX
fueconorg-2659	37	20	devoted	devote	VERB
fueconorg-2659	37	21	to	to	ADP
fueconorg-2659	37	22	this	this	DET
fueconorg-2659	37	23	topic	topic	NOUN
fueconorg-2659	37	24	.	.	PUNCT
fueconorg-2659	38	1	most	most	ADJ
fueconorg-2659	38	2	studies	study	NOUN
fueconorg-2659	38	3	reach	reach	VERB
fueconorg-2659	38	4	the	the	DET
fueconorg-2659	38	5	conclusion	conclusion	NOUN
fueconorg-2659	38	6	that	that	SCONJ
fueconorg-2659	38	7	the	the	DET
fueconorg-2659	38	8	market	market	NOUN
fueconorg-2659	38	9	conditions	condition	NOUN
fueconorg-2659	38	10	prevailing	prevail	VERB
fueconorg-2659	38	11	in	in	ADP
fueconorg-2659	38	12	banking	banking	NOUN
fueconorg-2659	38	13	sectors	sector	NOUN
fueconorg-2659	38	14	can	can	AUX
fueconorg-2659	38	15	be	be	AUX
fueconorg-2659	38	16	best	well	ADV
fueconorg-2659	38	17	characterized	characterize	VERB
fueconorg-2659	38	18	as	as	ADP
fueconorg-2659	38	19	naturally	naturally	ADV
fueconorg-2659	38	20	oligopolistic	oligopolistic	ADJ
fueconorg-2659	38	21	.	.	PUNCT
fueconorg-2659	39	1	this	this	PRON
fueconorg-2659	39	2	means	mean	VERB
fueconorg-2659	39	3	that	that	SCONJ
fueconorg-2659	39	4	–	–	PUNCT
fueconorg-2659	39	5	in	in	ADP
fueconorg-2659	39	6	the	the	DET
fueconorg-2659	39	7	long	long	ADJ
fueconorg-2659	39	8	term	term	NOUN
fueconorg-2659	39	9	–	–	PUNCT
fueconorg-2659	39	10	there	there	PRON
fueconorg-2659	39	11	is	be	VERB
fueconorg-2659	39	12	just	just	ADV
fueconorg-2659	39	13	room	room	NOUN
fueconorg-2659	39	14	for	for	ADP
fueconorg-2659	39	15	a	a	DET
fueconorg-2659	39	16	few	few	ADJ
fueconorg-2659	39	17	viable	viable	ADJ
fueconorg-2659	39	18	banks	bank	NOUN
fueconorg-2659	39	19	.	.	PUNCT
fueconorg-2659	40	1	in	in	ADP
fueconorg-2659	40	2	this	this	DET
fueconorg-2659	40	3	context	context	NOUN
fueconorg-2659	40	4	,	,	PUNCT
fueconorg-2659	40	5	a	a	DET
fueconorg-2659	40	6	highly	highly	ADV
fueconorg-2659	40	7	concentrated	concentrated	ADJ
fueconorg-2659	40	8	banking	banking	NOUN
fueconorg-2659	40	9	sector	sector	NOUN
fueconorg-2659	40	10	is	be	AUX
fueconorg-2659	40	11	the	the	DET
fueconorg-2659	40	12	logical	logical	ADJ
fueconorg-2659	40	13	outcome	outcome	NOUN
fueconorg-2659	40	14	of	of	ADP
fueconorg-2659	40	15	market	market	NOUN
fueconorg-2659	40	16	forces	force	NOUN
fueconorg-2659	40	17	(	(	PUNCT
fueconorg-2659	40	18	bikker	bikker	PROPN
fueconorg-2659	40	19	&	&	CCONJ
fueconorg-2659	40	20	groeneveld	groeneveld	PROPN
fueconorg-2659	40	21	,	,	PUNCT
fueconorg-2659	40	22	1998	1998	NUM
fueconorg-2659	40	23	,	,	PUNCT
fueconorg-2659	40	24	p.	p.	NOUN
fueconorg-2659	40	25	3	3	NUM
fueconorg-2659	40	26	)	)	PUNCT
fueconorg-2659	40	27	.	.	PUNCT
fueconorg-2659	41	1	a	a	DET
fueconorg-2659	41	2	group	group	NOUN
fueconorg-2659	41	3	of	of	ADP
fueconorg-2659	41	4	authors	author	NOUN
fueconorg-2659	41	5	claessens	claessen	VERB
fueconorg-2659	41	6	,	,	PUNCT
fueconorg-2659	41	7	demirguec	demirguec	NOUN
fueconorg-2659	41	8	-	-	PUNCT
fueconorg-2659	41	9	kunt	kunt	PROPN
fueconorg-2659	41	10	and	and	CCONJ
fueconorg-2659	41	11	huizinga	huizinga	ADV
fueconorg-2659	41	12	(	(	PUNCT
fueconorg-2659	41	13	2000	2000	NUM
fueconorg-2659	41	14	)	)	PUNCT
fueconorg-2659	41	15	investigated	investigate	VERB
fueconorg-2659	41	16	the	the	DET
fueconorg-2659	41	17	role	role	NOUN
fueconorg-2659	41	18	of	of	ADP
fueconorg-2659	41	19	foreign	foreign	ADJ
fueconorg-2659	41	20	banks	bank	NOUN
fueconorg-2659	41	21	and	and	CCONJ
fueconorg-2659	41	22	indicated	indicate	VERB
fueconorg-2659	41	23	that	that	SCONJ
fueconorg-2659	41	24	the	the	DET
fueconorg-2659	41	25	entry	entry	NOUN
fueconorg-2659	41	26	of	of	ADP
fueconorg-2659	41	27	foreign	foreign	ADJ
fueconorg-2659	41	28	banks	bank	NOUN
fueconorg-2659	41	29	makes	make	VERB
fueconorg-2659	41	30	the	the	DET
fueconorg-2659	41	31	domestic	domestic	ADJ
fueconorg-2659	41	32	banking	banking	NOUN
fueconorg-2659	41	33	system	system	NOUN
fueconorg-2659	41	34	more	more	ADV
fueconorg-2659	41	35	efficient	efficient	ADJ
fueconorg-2659	41	36	and	and	CCONJ
fueconorg-2659	41	37	reduces	reduce	VERB
fueconorg-2659	41	38	interest	interest	NOUN
fueconorg-2659	41	39	margins	margin	NOUN
fueconorg-2659	41	40	.	.	PUNCT
fueconorg-2659	42	1	using	use	VERB
fueconorg-2659	42	2	data	datum	NOUN
fueconorg-2659	42	3	from	from	ADP
fueconorg-2659	42	4	the	the	DET
fueconorg-2659	42	5	banks	bank	NOUN
fueconorg-2659	42	6	of	of	ADP
fueconorg-2659	42	7	80	80	NUM
fueconorg-2659	42	8	countries	country	NOUN
fueconorg-2659	42	9	,	,	PUNCT
fueconorg-2659	42	10	they	they	PRON
fueconorg-2659	42	11	examined	examine	VERB
fueconorg-2659	42	12	the	the	DET
fueconorg-2659	42	13	effects	effect	NOUN
fueconorg-2659	42	14	of	of	ADP
fueconorg-2659	42	15	the	the	DET
fueconorg-2659	42	16	bank	bank	NOUN
fueconorg-2659	42	17	concentration	concentration	NOUN
fueconorg-2659	42	18	and	and	CCONJ
fueconorg-2659	42	19	their	their	PRON
fueconorg-2659	42	20	regulation	regulation	NOUN
fueconorg-2659	42	21	on	on	ADP
fueconorg-2659	42	22	banks	bank	NOUN
fueconorg-2659	42	23	efficiency	efficiency	NOUN
fueconorg-2659	42	24	.	.	PUNCT
fueconorg-2659	43	1	they	they	PRON
fueconorg-2659	43	2	came	come	VERB
fueconorg-2659	43	3	to	to	ADP
fueconorg-2659	43	4	the	the	DET
fueconorg-2659	43	5	conclusion	conclusion	NOUN
fueconorg-2659	43	6	that	that	SCONJ
fueconorg-2659	43	7	the	the	DET
fueconorg-2659	43	8	concentration	concentration	NOUN
fueconorg-2659	43	9	of	of	ADP
fueconorg-2659	43	10	banks	bank	NOUN
fueconorg-2659	43	11	has	have	AUX
fueconorg-2659	43	12	a	a	DET
fueconorg-2659	43	13	negative	negative	ADJ
fueconorg-2659	43	14	and	and	CCONJ
fueconorg-2659	43	15	significant	significant	ADJ
fueconorg-2659	43	16	impact	impact	NOUN
fueconorg-2659	43	17	on	on	ADP
fueconorg-2659	43	18	the	the	DET
fueconorg-2659	43	19	efficiency	efficiency	NOUN
fueconorg-2659	43	20	of	of	ADP
fueconorg-2659	43	21	the	the	DET
fueconorg-2659	43	22	banking	banking	NOUN
fueconorg-2659	43	23	system	system	NOUN
fueconorg-2659	43	24	,	,	PUNCT
fueconorg-2659	43	25	except	except	SCONJ
fueconorg-2659	43	26	in	in	ADP
fueconorg-2659	43	27	rich	rich	ADJ
fueconorg-2659	43	28	countries	country	NOUN
fueconorg-2659	43	29	with	with	ADP
fueconorg-2659	43	30	welldeveloped	welldevelope	VERB
fueconorg-2659	43	31	financial	financial	ADJ
fueconorg-2659	43	32	systems	system	NOUN
fueconorg-2659	43	33	.	.	PUNCT
fueconorg-2659	44	1	in	in	ADP
fueconorg-2659	44	2	addition	addition	NOUN
fueconorg-2659	44	3	,	,	PUNCT
fueconorg-2659	44	4	they	they	PRON
fueconorg-2659	44	5	consider	consider	VERB
fueconorg-2659	44	6	that	that	DET
fueconorg-2659	44	7	regulatory	regulatory	ADJ
fueconorg-2659	44	8	barriers	barrier	NOUN
fueconorg-2659	44	9	of	of	ADP
fueconorg-2659	44	10	new	new	ADJ
fueconorg-2659	44	11	banks	bank	NOUN
fueconorg-2659	44	12	entries	entry	NOUN
fueconorg-2659	44	13	,	,	PUNCT
fueconorg-2659	44	14	especially	especially	ADV
fueconorg-2659	44	15	those	those	PRON
fueconorg-2659	44	16	relating	relate	VERB
fueconorg-2659	44	17	to	to	ADP
fueconorg-2659	44	18	foreign	foreign	ADJ
fueconorg-2659	44	19	banks	bank	NOUN
fueconorg-2659	44	20	,	,	PUNCT
fueconorg-2659	44	21	as	as	ADV
fueconorg-2659	44	22	well	well	ADV
fueconorg-2659	44	23	as	as	ADP
fueconorg-2659	44	24	implicit	implicit	ADJ
fueconorg-2659	44	25	and	and	CCONJ
fueconorg-2659	44	26	explicit	explicit	ADJ
fueconorg-2659	44	27	restrictions	restriction	NOUN
fueconorg-2659	44	28	of	of	ADP
fueconorg-2659	44	29	the	the	DET
fueconorg-2659	44	30	bank	bank	NOUN
fueconorg-2659	44	31	activities	activity	NOUN
fueconorg-2659	44	32	are	be	AUX
fueconorg-2659	44	33	associated	associate	VERB
fueconorg-2659	44	34	with	with	ADP
fueconorg-2659	44	35	the	the	DET
fueconorg-2659	44	36	lower	low	ADJ
fueconorg-2659	44	37	level	level	NOUN
fueconorg-2659	44	38	of	of	ADP
fueconorg-2659	44	39	bank	bank	NOUN
fueconorg-2659	44	40	margins	margin	NOUN
fueconorg-2659	44	41	.	.	PUNCT
fueconorg-2659	45	1	their	their	PRON
fueconorg-2659	45	2	measure	measure	NOUN
fueconorg-2659	45	3	of	of	ADP
fueconorg-2659	45	4	bank	bank	NOUN
fueconorg-2659	45	5	efficiency	efficiency	NOUN
fueconorg-2659	45	6	,	,	PUNCT
fueconorg-2659	45	7	the	the	DET
fueconorg-2659	45	8	net	net	ADJ
fueconorg-2659	45	9	interest	interest	NOUN
fueconorg-2659	45	10	margin	margin	NOUN
fueconorg-2659	45	11	is	be	AUX
fueconorg-2659	45	12	not	not	PART
fueconorg-2659	45	13	necessarily	necessarily	ADV
fueconorg-2659	45	14	an	an	DET
fueconorg-2659	45	15	indicator	indicator	NOUN
fueconorg-2659	45	16	of	of	ADP
fueconorg-2659	45	17	the	the	DET
fueconorg-2659	45	18	actual	actual	ADJ
fueconorg-2659	45	19	level	level	NOUN
fueconorg-2659	45	20	of	of	ADP
fueconorg-2659	45	21	competitiveness	competitiveness	NOUN
fueconorg-2659	45	22	on	on	ADP
fueconorg-2659	45	23	the	the	DET
fueconorg-2659	45	24	market	market	NOUN
fueconorg-2659	45	25	,	,	PUNCT
fueconorg-2659	45	26	but	but	CCONJ
fueconorg-2659	45	27	it	it	PRON
fueconorg-2659	45	28	can	can	AUX
fueconorg-2659	45	29	demonstrate	demonstrate	VERB
fueconorg-2659	45	30	other	other	ADJ
fueconorg-2659	45	31	factors	factor	NOUN
fueconorg-2659	45	32	,	,	PUNCT
fueconorg-2659	45	33	such	such	ADJ
fueconorg-2659	45	34	as	as	ADP
fueconorg-2659	45	35	market	market	NOUN
fueconorg-2659	45	36	power	power	NOUN
fueconorg-2659	45	37	and	and	CCONJ
fueconorg-2659	45	38	risk	risk	NOUN
fueconorg-2659	45	39	appetite	appetite	NOUN
fueconorg-2659	45	40	.	.	PUNCT
fueconorg-2659	46	1	claеssens	claеssen	NOUN
fueconorg-2659	46	2	and	and	CCONJ
fueconorg-2659	46	3	laeven	laeven	ADJ
fueconorg-2659	46	4	(	(	PUNCT
fueconorg-2659	46	5	2003	2003	NUM
fueconorg-2659	46	6	)	)	PUNCT
fueconorg-2659	46	7	examined	examine	VERB
fueconorg-2659	46	8	the	the	DET
fueconorg-2659	46	9	relationship	relationship	NOUN
fueconorg-2659	46	10	between	between	ADP
fueconorg-2659	46	11	the	the	DET
fueconorg-2659	46	12	type	type	NOUN
fueconorg-2659	46	13	of	of	ADP
fueconorg-2659	46	14	market	market	NOUN
fueconorg-2659	46	15	structure	structure	NOUN
fueconorg-2659	46	16	and	and	CCONJ
fueconorg-2659	46	17	net	net	ADJ
fueconorg-2659	46	18	interest	interest	NOUN
fueconorg-2659	46	19	margin	margin	NOUN
fueconorg-2659	46	20	.	.	PUNCT
fueconorg-2659	47	1	using	use	VERB
fueconorg-2659	47	2	data	datum	NOUN
fueconorg-2659	47	3	from	from	ADP
fueconorg-2659	47	4	banks	bank	NOUN
fueconorg-2659	47	5	and	and	CCONJ
fueconorg-2659	47	6	a	a	DET
fueconorg-2659	47	7	customized	customized	ADJ
fueconorg-2659	47	8	version	version	NOUN
fueconorg-2659	47	9	of	of	ADP
fueconorg-2659	47	10	methodology	methodology	NOUN
fueconorg-2659	47	11	panzar	panzar	NOUN
fueconorg-2659	47	12	and	and	CCONJ
fueconorg-2659	47	13	rosse	rosse	PROPN
fueconorg-2659	47	14	,	,	PUNCT
fueconorg-2659	47	15	they	they	PRON
fueconorg-2659	47	16	assessed	assess	VERB
fueconorg-2659	47	17	the	the	DET
fueconorg-2659	47	18	degree	degree	NOUN
fueconorg-2659	47	19	of	of	ADP
fueconorg-2659	47	20	competition	competition	NOUN
fueconorg-2659	47	21	in	in	ADP
fueconorg-2659	47	22	the	the	DET
fueconorg-2659	47	23	banking	banking	NOUN
fueconorg-2659	47	24	systems	system	NOUN
fueconorg-2659	47	25	of	of	ADP
fueconorg-2659	47	26	fifty	fifty	NUM
fueconorg-2659	47	27	countries	country	NOUN
fueconorg-2659	47	28	.	.	PUNCT
fueconorg-2659	48	1	their	their	PRON
fueconorg-2659	48	2	results	result	NOUN
fueconorg-2659	48	3	confirm	confirm	VERB
fueconorg-2659	48	4	that	that	SCONJ
fueconorg-2659	48	5	competitiveness	competitiveness	NOUN
fueconorg-2659	48	6	helps	help	VERB
fueconorg-2659	48	7	determine	determine	VERB
fueconorg-2659	48	8	the	the	DET
fueconorg-2659	48	9	degree	degree	NOUN
fueconorg-2659	48	10	of	of	ADP
fueconorg-2659	48	11	efficiency	efficiency	NOUN
fueconorg-2659	48	12	,	,	PUNCT
fueconorg-2659	48	13	especially	especially	ADV
fueconorg-2659	48	14	through	through	ADP
fueconorg-2659	48	15	the	the	DET
fueconorg-2659	48	16	entry	entry	NOUN
fueconorg-2659	48	17	of	of	ADP
fueconorg-2659	48	18	foreign	foreign	ADJ
fueconorg-2659	48	19	banks	bank	NOUN
fueconorg-2659	48	20	and	and	CCONJ
fueconorg-2659	48	21	the	the	DET
fueconorg-2659	48	22	elimination	elimination	NOUN
fueconorg-2659	48	23	of	of	ADP
fueconorg-2659	48	24	activity	activity	NOUN
fueconorg-2659	48	25	restrictions	restriction	NOUN
fueconorg-2659	48	26	.	.	PUNCT
fueconorg-2659	49	1	larger	large	ADJ
fueconorg-2659	49	2	presence	presence	NOUN
fueconorg-2659	49	3	of	of	ADP
fueconorg-2659	49	4	foreign	foreign	ADJ
fueconorg-2659	49	5	banks	bank	NOUN
fueconorg-2659	49	6	and	and	CCONJ
fueconorg-2659	49	7	smaller	small	ADJ
fueconorg-2659	49	8	number	number	NOUN
fueconorg-2659	49	9	of	of	ADP
fueconorg-2659	49	10	restrictive	restrictive	ADJ
fueconorg-2659	49	11	measures	measure	NOUN
fueconorg-2659	49	12	in	in	ADP
fueconorg-2659	49	13	the	the	DET
fueconorg-2659	49	14	banking	banking	NOUN
fueconorg-2659	49	15	sector	sector	NOUN
fueconorg-2659	49	16	make	make	VERB
fueconorg-2659	49	17	the	the	DET
fueconorg-2659	49	18	banking	banking	NOUN
fueconorg-2659	49	19	system	system	NOUN
fueconorg-2659	49	20	more	more	ADV
fueconorg-2659	49	21	competitive	competitive	ADJ
fueconorg-2659	49	22	.	.	PUNCT
fueconorg-2659	50	1	also	also	ADV
fueconorg-2659	50	2	,	,	PUNCT
fueconorg-2659	50	3	the	the	DET
fueconorg-2659	50	4	restrictions	restriction	NOUN
fueconorg-2659	50	5	on	on	ADP
fueconorg-2659	50	6	entering	enter	VERB
fueconorg-2659	50	7	commercial	commercial	ADJ
fueconorg-2659	50	8	banks	bank	NOUN
fueconorg-2659	50	9	reduce	reduce	VERB
fueconorg-2659	50	10	competition	competition	NOUN
fueconorg-2659	50	11	,	,	PUNCT
fueconorg-2659	50	12	which	which	PRON
fueconorg-2659	50	13	indicates	indicate	VERB
fueconorg-2659	50	14	that	that	SCONJ
fueconorg-2659	50	15	the	the	DET
fueconorg-2659	50	16	most	most	ADV
fueconorg-2659	50	17	important	important	ADJ
fueconorg-2659	50	18	element	element	NOUN
fueconorg-2659	50	19	of	of	ADP
fueconorg-2659	50	20	the	the	DET
fueconorg-2659	50	21	competitiveness	competitiveness	NOUN
fueconorg-2659	50	22	is	be	AUX
fueconorg-2659	50	23	the	the	DET
fueconorg-2659	50	24	freedom	freedom	NOUN
fueconorg-2659	50	25	of	of	ADP
fueconorg-2659	50	26	entry	entry	NOUN
fueconorg-2659	50	27	.	.	PUNCT
fueconorg-2659	51	1	they	they	PRON
fueconorg-2659	51	2	have	have	AUX
fueconorg-2659	51	3	not	not	PART
fueconorg-2659	51	4	shown	show	VERB
fueconorg-2659	51	5	that	that	SCONJ
fueconorg-2659	51	6	the	the	DET
fueconorg-2659	51	7	concentration	concentration	NOUN
fueconorg-2659	51	8	of	of	ADP
fueconorg-2659	51	9	the	the	DET
fueconorg-2659	51	10	banking	banking	NOUN
fueconorg-2659	51	11	sector	sector	NOUN
fueconorg-2659	51	12	is	be	AUX
fueconorg-2659	51	13	negatively	negatively	ADV
fueconorg-2659	51	14	correlated	correlate	VERB
fueconorg-2659	51	15	with	with	ADP
fueconorg-2659	51	16	competitiveness	competitiveness	NOUN
fueconorg-2659	51	17	.	.	PUNCT
fueconorg-2659	52	1	on	on	ADP
fueconorg-2659	52	2	the	the	DET
fueconorg-2659	52	3	contrary	contrary	NOUN
fueconorg-2659	52	4	,	,	PUNCT
fueconorg-2659	52	5	their	their	PRON
fueconorg-2659	52	6	research	research	NOUN
fueconorg-2659	52	7	proves	prove	VERB
fueconorg-2659	52	8	that	that	SCONJ
fueconorg-2659	52	9	the	the	DET
fueconorg-2659	52	10	banking	banking	NOUN
fueconorg-2659	52	11	system	system	NOUN
fueconorg-2659	52	12	which	which	PRON
fueconorg-2659	52	13	is	be	AUX
fueconorg-2659	52	14	more	more	ADV
fueconorg-2659	52	15	concentrated	concentrated	ADJ
fueconorg-2659	52	16	is	be	AUX
fueconorg-2659	52	17	more	more	ADV
fueconorg-2659	52	18	competitive	competitive	ADJ
fueconorg-2659	52	19	.	.	PUNCT
fueconorg-2659	53	1	the	the	DET
fueconorg-2659	53	2	results	result	NOUN
fueconorg-2659	53	3	show	show	VERB
fueconorg-2659	53	4	that	that	SCONJ
fueconorg-2659	53	5	a	a	DET
fueconorg-2659	53	6	compromise	compromise	NOUN
fueconorg-2659	53	7	had	have	AUX
fueconorg-2659	53	8	not	not	PART
fueconorg-2659	53	9	to	to	PART
fueconorg-2659	53	10	exist	exist	VERB
fueconorg-2659	53	11	between	between	ADP
fueconorg-2659	53	12	higher	high	ADJ
fueconorg-2659	53	13	and	and	CCONJ
fueconorg-2659	53	14	lower	low	ADJ
fueconorg-2659	53	15	concentrated	concentrated	ADJ
fueconorg-2659	53	16	systems	system	NOUN
fueconorg-2659	53	17	.	.	PUNCT
fueconorg-2659	54	1	a	a	DET
fueconorg-2659	54	2	competitive	competitive	ADJ
fueconorg-2659	54	3	system	system	NOUN
fueconorg-2659	54	4	can	can	AUX
fueconorg-2659	54	5	be	be	AUX
fueconorg-2659	54	6	more	more	ADV
fueconorg-2659	54	7	important	important	ADJ
fueconorg-2659	54	8	for	for	ADP
fueconorg-2659	54	9	ensuring	ensure	VERB
fueconorg-2659	54	10	the	the	DET
fueconorg-2659	54	11	competitiveness	competitiveness	NOUN
fueconorg-2659	54	12	of	of	ADP
fueconorg-2659	54	13	the	the	DET
fueconorg-2659	54	14	system	system	NOUN
fueconorg-2659	54	15	with	with	ADP
fueconorg-2659	54	16	a	a	DET
fueconorg-2659	54	17	low	low	ADJ
fueconorg-2659	54	18	concentration	concentration	NOUN
fueconorg-2659	54	19	.	.	PUNCT
fueconorg-2659	55	1	in	in	ADP
fueconorg-2659	55	2	the	the	DET
fueconorg-2659	55	3	study	study	NOUN
fueconorg-2659	55	4	of	of	ADP
fueconorg-2659	55	5	rules	rule	NOUN
fueconorg-2659	55	6	governing	govern	VERB
fueconorg-2659	55	7	the	the	DET
fueconorg-2659	55	8	banking	banking	NOUN
fueconorg-2659	55	9	system	system	NOUN
fueconorg-2659	55	10	,	,	PUNCT
fueconorg-2659	55	11	including	include	VERB
fueconorg-2659	55	12	input	input	NOUN
fueconorg-2659	55	13	and	and	CCONJ
fueconorg-2659	55	14	output	output	NOUN
fueconorg-2659	55	15	constraints	constraint	NOUN
fueconorg-2659	55	16	,	,	PUNCT
fueconorg-2659	55	17	barth	barth	PROPN
fueconorg-2659	55	18	,	,	PUNCT
fueconorg-2659	55	19	caprio	caprio	PROPN
fueconorg-2659	55	20	and	and	CCONJ
fueconorg-2659	55	21	levine	levine	PROPN
fueconorg-2659	55	22	(	(	PUNCT
fueconorg-2659	55	23	2001	2001	NUM
fueconorg-2659	55	24	)	)	PUNCT
fueconorg-2659	55	25	have	have	AUX
fueconorg-2659	55	26	come	come	VERB
fueconorg-2659	55	27	to	to	ADP
fueconorg-2659	55	28	the	the	DET
fueconorg-2659	55	29	conclusion	conclusion	NOUN
fueconorg-2659	55	30	that	that	SCONJ
fueconorg-2659	55	31	stricter	strict	ADJ
fueconorg-2659	55	32	entry	entry	NOUN
fueconorg-2659	55	33	conditions	condition	NOUN
fueconorg-2659	55	34	have	have	AUX
fueconorg-2659	55	35	a	a	DET
fueconorg-2659	55	36	negative	negative	ADJ
fueconorg-2659	55	37	impact	impact	NOUN
fueconorg-2659	55	38	on	on	ADP
fueconorg-2659	55	39	the	the	DET
fueconorg-2659	55	40	bank	bank	NOUN
fueconorg-2659	55	41	efficiency	efficiency	NOUN
fueconorg-2659	55	42	,	,	PUNCT
fueconorg-2659	55	43	which	which	PRON
fueconorg-2659	55	44	results	result	VERB
fueconorg-2659	55	45	in	in	ADP
fueconorg-2659	55	46	increase	increase	NOUN
fueconorg-2659	55	47	of	of	ADP
fueconorg-2659	55	48	the	the	DET
fueconorg-2659	55	49	interest	interest	NOUN
fueconorg-2659	55	50	margin	margin	NOUN
fueconorg-2659	55	51	and	and	CCONJ
fueconorg-2659	55	52	costs	cost	NOUN
fueconorg-2659	55	53	,	,	PUNCT
fueconorg-2659	55	54	while	while	SCONJ
fueconorg-2659	55	55	restrictions	restriction	NOUN
fueconorg-2659	55	56	on	on	ADP
fueconorg-2659	55	57	participation	participation	NOUN
fueconorg-2659	55	58	of	of	ADP
fueconorg-2659	55	59	foreign	foreign	ADJ
fueconorg-2659	55	60	banks	bank	NOUN
fueconorg-2659	55	61	lead	lead	VERB
fueconorg-2659	55	62	to	to	ADP
fueconorg-2659	55	63	increased	increase	VERB
fueconorg-2659	55	64	fragility	fragility	NOUN
fueconorg-2659	55	65	of	of	ADP
fueconorg-2659	55	66	banks	bank	NOUN
fueconorg-2659	55	67	.	.	PUNCT
fueconorg-2659	56	1	the	the	DET
fueconorg-2659	56	2	theory	theory	NOUN
fueconorg-2659	56	3	provides	provide	VERB
fueconorg-2659	56	4	conflicting	conflicting	ADJ
fueconorg-2659	56	5	forecasts	forecast	NOUN
fueconorg-2659	56	6	about	about	ADP
fueconorg-2659	56	7	the	the	DET
fueconorg-2659	56	8	relationship	relationship	NOUN
fueconorg-2659	56	9	between	between	ADP
fueconorg-2659	56	10	regulations	regulation	NOUN
fueconorg-2659	56	11	,	,	PUNCT
fueconorg-2659	56	12	concentration	concentration	NOUN
fueconorg-2659	56	13	,	,	PUNCT
fueconorg-2659	56	14	institutions	institution	NOUN
fueconorg-2659	56	15	and	and	CCONJ
fueconorg-2659	56	16	bank	bank	NOUN
fueconorg-2659	56	17	efficiency	efficiency	NOUN
fueconorg-2659	56	18	.	.	PUNCT
fueconorg-2659	57	1	many	many	ADJ
fueconorg-2659	57	2	of	of	ADP
fueconorg-2659	57	3	these	these	DET
fueconorg-2659	57	4	contradictions	contradiction	NOUN
fueconorg-2659	57	5	are	be	AUX
fueconorg-2659	57	6	the	the	DET
fueconorg-2659	57	7	result	result	NOUN
fueconorg-2659	57	8	of	of	ADP
fueconorg-2659	57	9	different	different	ADJ
fueconorg-2659	57	10	beliefs	belief	NOUN
fueconorg-2659	57	11	about	about	ADP
fueconorg-2659	57	12	the	the	DET
fueconorg-2659	57	13	causes	cause	NOUN
fueconorg-2659	57	14	of	of	ADP
fueconorg-2659	57	15	concentration	concentration	NOUN
fueconorg-2659	57	16	.	.	PUNCT
fueconorg-2659	58	1	one	one	NUM
fueconorg-2659	58	2	common	common	ADJ
fueconorg-2659	58	3	view	view	NOUN
fueconorg-2659	58	4	holds	hold	VERB
fueconorg-2659	58	5	that	that	SCONJ
fueconorg-2659	58	6	regulatory	regulatory	ADJ
fueconorg-2659	58	7	impediments	impediment	NOUN
fueconorg-2659	58	8	to	to	ADP
fueconorg-2659	58	9	competition	competition	NOUN
fueconorg-2659	58	10	and	and	CCONJ
fueconorg-2659	58	11	monopolistic	monopolistic	ADJ
fueconorg-2659	58	12	power	power	NOUN
fueconorg-2659	58	13	create	create	VERB
fueconorg-2659	58	14	an	an	DET
fueconorg-2659	58	15	environment	environment	NOUN
fueconorg-2659	58	16	in	in	ADP
fueconorg-2659	58	17	which	which	PRON
fueconorg-2659	58	18	a	a	DET
fueconorg-2659	58	19	few	few	ADJ
fueconorg-2659	58	20	powerful	powerful	ADJ
fueconorg-2659	58	21	banks	bank	NOUN
fueconorg-2659	58	22	stymie	stymie	VERB
fueconorg-2659	58	23	competition	competition	NOUN
fueconorg-2659	58	24	with	with	ADP
fueconorg-2659	58	25	deleterious	deleterious	ADJ
fueconorg-2659	58	26	implications	implication	NOUN
fueconorg-2659	58	27	for	for	ADP
fueconorg-2659	58	28	efficiency	efficiency	NOUN
fueconorg-2659	58	29	(	(	PUNCT
fueconorg-2659	58	30	demirgueckunt	demirgueckunt	PROPN
fueconorg-2659	58	31	et	et	PROPN
fueconorg-2659	58	32	al	al	PROPN
fueconorg-2659	58	33	.	.	PROPN
fueconorg-2659	58	34	,	,	PUNCT
fueconorg-2659	58	35	2003	2003	NUM
fueconorg-2659	58	36	,	,	PUNCT
fueconorg-2659	58	37	p.	p.	NOUN
fueconorg-2659	58	38	1	1	NUM
fueconorg-2659	58	39	)	)	PUNCT
fueconorg-2659	58	40	.	.	PUNCT
fueconorg-2659	59	1	from	from	ADP
fueconorg-2659	59	2	that	that	DET
fueconorg-2659	59	3	aspect	aspect	NOUN
fueconorg-2659	59	4	,	,	PUNCT
fueconorg-2659	59	5	concentration	concentration	NOUN
fueconorg-2659	59	6	is	be	AUX
fueconorg-2659	59	7	a	a	DET
fueconorg-2659	59	8	useful	useful	ADJ
fueconorg-2659	59	9	signal	signal	NOUN
fueconorg-2659	59	10	for	for	ADP
fueconorg-2659	59	11	lack	lack	NOUN
fueconorg-2659	59	12	of	of	ADP
fueconorg-2659	59	13	competitiveness	competitiveness	NOUN
fueconorg-2659	59	14	,	,	PUNCT
fueconorg-2659	59	15	and	and	CCONJ
fueconorg-2659	59	16	therefore	therefore	ADV
fueconorg-2659	59	17	for	for	ADP
fueconorg-2659	59	18	an	an	DET
fueconorg-2659	59	19	inefficient	inefficient	ADJ
fueconorg-2659	59	20	market	market	NOUN
fueconorg-2659	59	21	.	.	PUNCT
fueconorg-2659	60	1	the	the	DET
fueconorg-2659	60	2	theory	theory	NOUN
fueconorg-2659	60	3	of	of	ADP
fueconorg-2659	60	4	"	"	PUNCT
fueconorg-2659	60	5	efficiency	efficiency	NOUN
fueconorg-2659	60	6	-	-	PUNCT
fueconorg-2659	60	7	structure	structure	NOUN
fueconorg-2659	60	8	”	"	PUNCT
fueconorg-2659	60	9	claims	claim	VERB
fueconorg-2659	60	10	that	that	SCONJ
fueconorg-2659	60	11	more	more	ADV
fueconorg-2659	60	12	effective	effective	ADJ
fueconorg-2659	60	13	banks	bank	NOUN
fueconorg-2659	60	14	have	have	VERB
fueconorg-2659	60	15	lower	low	ADJ
fueconorg-2659	60	16	costs	cost	NOUN
fueconorg-2659	60	17	and	and	CCONJ
fueconorg-2659	60	18	a	a	DET
fueconorg-2659	60	19	higher	high	ADJ
fueconorg-2659	60	20	market	market	NOUN
fueconorg-2659	60	21	share	share	NOUN
fueconorg-2659	60	22	(	(	PUNCT
fueconorg-2659	60	23	demsetz	demsetz	VERB
fueconorg-2659	60	24	,	,	PUNCT
fueconorg-2659	60	25	1973	1973	NUM
fueconorg-2659	60	26	)	)	PUNCT
fueconorg-2659	60	27	.	.	PUNCT
fueconorg-2659	61	1	with	with	ADP
fueconorg-2659	61	2	this	this	DET
fueconorg-2659	61	3	perspective	perspective	NOUN
fueconorg-2659	61	4	,	,	PUNCT
fueconorg-2659	61	5	the	the	DET
fueconorg-2659	61	6	competitive	competitive	ADJ
fueconorg-2659	61	7	environment	environment	NOUN
fueconorg-2659	61	8	can	can	AUX
fueconorg-2659	61	9	produce	produce	VERB
fueconorg-2659	61	10	concentrated	concentrated	ADJ
fueconorg-2659	61	11	and	and	CCONJ
fueconorg-2659	61	12	efficient	efficient	ADJ
fueconorg-2659	61	13	banking	banking	NOUN
fueconorg-2659	61	14	systems	system	NOUN
fueconorg-2659	61	15	.	.	PUNCT
fueconorg-2659	62	1	enlargement	enlargement	NOUN
fueconorg-2659	62	2	,	,	PUNCT
fueconorg-2659	62	3	i.e.	i.e.	X
fueconorg-2659	62	4	strengthening	strengthen	VERB
fueconorg-2659	62	5	the	the	DET
fueconorg-2659	62	6	concentration	concentration	NOUN
fueconorg-2659	62	7	of	of	ADP
fueconorg-2659	62	8	banks	bank	NOUN
fueconorg-2659	62	9	should	should	AUX
fueconorg-2659	62	10	positively	positively	ADV
fueconorg-2659	62	11	affect	affect	VERB
fueconorg-2659	62	12	the	the	DET
fueconorg-2659	62	13	entire	entire	ADJ
fueconorg-2659	62	14	economic	economic	ADJ
fueconorg-2659	62	15	system	system	NOUN
fueconorg-2659	62	16	(	(	PUNCT
fueconorg-2659	62	17	marinković	marinković	ADJ
fueconorg-2659	62	18	,	,	PUNCT
fueconorg-2659	62	19	2012	2012	NUM
fueconorg-2659	62	20	)	)	PUNCT
fueconorg-2659	62	21	.	.	PUNCT
fueconorg-2659	63	1	the	the	DET
fueconorg-2659	63	2	arguments	argument	NOUN
fueconorg-2659	63	3	that	that	PRON
fueconorg-2659	63	4	support	support	VERB
fueconorg-2659	63	5	this	this	DET
fueconorg-2659	63	6	claim	claim	NOUN
fueconorg-2659	63	7	are	be	AUX
fueconorg-2659	63	8	that	that	SCONJ
fueconorg-2659	63	9	big	big	ADJ
fueconorg-2659	63	10	banks	bank	NOUN
fueconorg-2659	63	11	have	have	VERB
fueconorg-2659	63	12	a	a	DET
fueconorg-2659	63	13	more	more	ADV
fueconorg-2659	63	14	efficient	efficient	ADJ
fueconorg-2659	63	15	organization	organization	NOUN
fueconorg-2659	63	16	and	and	CCONJ
fueconorg-2659	63	17	management	management	NOUN
fueconorg-2659	63	18	,	,	PUNCT
fueconorg-2659	63	19	and	and	CCONJ
fueconorg-2659	63	20	thus	thus	ADV
fueconorg-2659	63	21	a	a	DET
fueconorg-2659	63	22	greater	great	ADJ
fueconorg-2659	63	23	potential	potential	NOUN
fueconorg-2659	63	24	for	for	ADP
fueconorg-2659	63	25	higher	high	ADJ
fueconorg-2659	63	26	quality	quality	NOUN
fueconorg-2659	63	27	services	service	NOUN
fueconorg-2659	63	28	.	.	PUNCT
fueconorg-2659	64	1	284	284	NUM
fueconorg-2659	64	2	e.	e.	PROPN
fueconorg-2659	64	3	eraković	eraković	PROPN
fueconorg-2659	64	4	one	one	NUM
fueconorg-2659	64	5	of	of	ADP
fueconorg-2659	64	6	the	the	DET
fueconorg-2659	64	7	most	most	ADV
fueconorg-2659	64	8	commonly	commonly	ADV
fueconorg-2659	64	9	used	use	VERB
fueconorg-2659	64	10	indicators	indicator	NOUN
fueconorg-2659	64	11	is	be	AUX
fueconorg-2659	64	12	herfindahl	herfindahl	NOUN
fueconorg-2659	64	13	–	–	PUNCT
fueconorg-2659	64	14	hirschman	hirschman	NOUN
fueconorg-2659	64	15	index	index	NOUN
fueconorg-2659	64	16	(	(	PUNCT
fueconorg-2659	64	17	hhi	hhi	NOUN
fueconorg-2659	64	18	)	)	PUNCT
fueconorg-2659	64	19	.	.	PUNCT
fueconorg-2659	65	1	it	it	PRON
fueconorg-2659	65	2	measures	measure	VERB
fueconorg-2659	65	3	the	the	DET
fueconorg-2659	65	4	concentration	concentration	NOUN
fueconorg-2659	65	5	summing	sum	VERB
fueconorg-2659	65	6	squares	square	NOUN
fueconorg-2659	65	7	of	of	ADP
fueconorg-2659	65	8	market	market	NOUN
fueconorg-2659	65	9	shares	share	NOUN
fueconorg-2659	65	10	of	of	ADP
fueconorg-2659	65	11	all	all	DET
fueconorg-2659	65	12	companies	company	NOUN
fueconorg-2659	65	13	in	in	ADP
fueconorg-2659	65	14	an	an	DET
fueconorg-2659	65	15	industry	industry	NOUN
fueconorg-2659	65	16	.	.	PUNCT
fueconorg-2659	66	1	the	the	DET
fueconorg-2659	66	2	formula	formula	NOUN
fueconorg-2659	66	3	for	for	ADP
fueconorg-2659	66	4	calculating	calculate	VERB
fueconorg-2659	66	5	is	be	AUX
fueconorg-2659	66	6	:	:	PUNCT
fueconorg-2659	66	7	2	2	NUM
fueconorg-2659	66	8	1	1	NUM
fueconorg-2659	66	9	(	(	PUNCT
fueconorg-2659	66	10	)	)	PUNCT
fueconorg-2659	67	1	n	n	CCONJ
fueconorg-2659	67	2	i	i	PRON
fueconorg-2659	68	1	i	i	PRON
fueconorg-2659	68	2	hhi	hhi	VERB
fueconorg-2659	68	3	x	x	X
fueconorg-2659	69	1			PRON
fueconorg-2659	69	2			PROPN
fueconorg-2659	69	3	where	where	SCONJ
fueconorg-2659	69	4	is	be	AUX
fueconorg-2659	69	5	n	n	PRON
fueconorg-2659	69	6	–	–	PUNCT
fueconorg-2659	69	7	the	the	DET
fueconorg-2659	69	8	number	number	NOUN
fueconorg-2659	69	9	of	of	ADP
fueconorg-2659	69	10	companies	company	NOUN
fueconorg-2659	69	11	in	in	ADP
fueconorg-2659	69	12	the	the	DET
fueconorg-2659	69	13	market	market	NOUN
fueconorg-2659	69	14	,	,	PUNCT
fueconorg-2659	69	15	a	a	DET
fueconorg-2659	69	16	x	x	X
fueconorg-2659	69	17	–	–	PUNCT
fueconorg-2659	69	18	a	a	DET
fueconorg-2659	69	19	share	share	NOUN
fueconorg-2659	69	20	of	of	ADP
fueconorg-2659	69	21	i	i	PROPN
fueconorg-2659	69	22	company	company	NOUN
fueconorg-2659	69	23	.	.	PUNCT
fueconorg-2659	70	1	the	the	DET
fueconorg-2659	70	2	advantage	advantage	NOUN
fueconorg-2659	70	3	of	of	ADP
fueconorg-2659	70	4	herfindahl	herfindahl	NOUN
fueconorg-2659	70	5	-	-	PUNCT
fueconorg-2659	70	6	hirschman	hirschman	NOUN
fueconorg-2659	70	7	index	index	NOUN
fueconorg-2659	70	8	is	be	AUX
fueconorg-2659	70	9	that	that	SCONJ
fueconorg-2659	70	10	it	it	PRON
fueconorg-2659	70	11	includes	include	VERB
fueconorg-2659	70	12	the	the	DET
fueconorg-2659	70	13	value	value	NOUN
fueconorg-2659	70	14	of	of	ADP
fueconorg-2659	70	15	market	market	NOUN
fueconorg-2659	70	16	shares	share	NOUN
fueconorg-2659	70	17	of	of	ADP
fueconorg-2659	70	18	all	all	DET
fueconorg-2659	70	19	the	the	DET
fueconorg-2659	70	20	companies	company	NOUN
fueconorg-2659	70	21	of	of	ADP
fueconorg-2659	70	22	an	an	DET
fueconorg-2659	70	23	industry	industry	NOUN
fueconorg-2659	70	24	and	and	CCONJ
fueconorg-2659	70	25	,	,	PUNCT
fueconorg-2659	70	26	by	by	ADP
fueconorg-2659	70	27	their	their	PRON
fueconorg-2659	70	28	squaring	squaring	NOUN
fueconorg-2659	70	29	,	,	PUNCT
fueconorg-2659	70	30	it	it	PRON
fueconorg-2659	70	31	gives	give	VERB
fueconorg-2659	70	32	greater	great	ADJ
fueconorg-2659	70	33	weight	weight	NOUN
fueconorg-2659	70	34	shares	share	NOUN
fueconorg-2659	70	35	of	of	ADP
fueconorg-2659	70	36	larger	large	ADJ
fueconorg-2659	70	37	companies	company	NOUN
fueconorg-2659	70	38	.	.	PUNCT
fueconorg-2659	71	1	the	the	DET
fueconorg-2659	71	2	value	value	NOUN
fueconorg-2659	71	3	of	of	ADP
fueconorg-2659	71	4	hhi	hhi	NOUN
fueconorg-2659	71	5	,	,	PUNCT
fueconorg-2659	71	6	theoretically	theoretically	ADV
fueconorg-2659	71	7	,	,	PUNCT
fueconorg-2659	71	8	may	may	AUX
fueconorg-2659	71	9	be	be	AUX
fueconorg-2659	71	10	in	in	ADP
fueconorg-2659	71	11	the	the	DET
fueconorg-2659	71	12	range	range	NOUN
fueconorg-2659	71	13	of	of	ADP
fueconorg-2659	71	14	0	0	NUM
fueconorg-2659	71	15	to	to	PART
fueconorg-2659	71	16	10	10	NUM
fueconorg-2659	71	17	000	000	NUM
fueconorg-2659	71	18	.	.	PUNCT
fueconorg-2659	72	1	in	in	ADP
fueconorg-2659	72	2	the	the	DET
fueconorg-2659	72	3	case	case	NOUN
fueconorg-2659	72	4	of	of	ADP
fueconorg-2659	72	5	monopoly	monopoly	NOUN
fueconorg-2659	72	6	,	,	PUNCT
fueconorg-2659	72	7	the	the	DET
fueconorg-2659	72	8	herfindahl	herfindahl	NOUN
fueconorg-2659	72	9	-	-	PUNCT
fueconorg-2659	72	10	hirschman	hirschman	NOUN
fueconorg-2659	72	11	index	index	NOUN
fueconorg-2659	72	12	value	value	NOUN
fueconorg-2659	72	13	is	be	AUX
fueconorg-2659	72	14	10	10	NUM
fueconorg-2659	72	15	000	000	NUM
fueconorg-2659	72	16	,	,	PUNCT
fueconorg-2659	72	17	because	because	SCONJ
fueconorg-2659	72	18	the	the	DET
fueconorg-2659	72	19	offer	offer	NOUN
fueconorg-2659	72	20	of	of	ADP
fueconorg-2659	72	21	the	the	DET
fueconorg-2659	72	22	monopoly	monopoly	NOUN
fueconorg-2659	72	23	company	company	NOUN
fueconorg-2659	72	24	equals	equal	VERB
fueconorg-2659	72	25	the	the	DET
fueconorg-2659	72	26	entire	entire	ADJ
fueconorg-2659	72	27	branch	branch	NOUN
fueconorg-2659	72	28	.	.	PUNCT
fueconorg-2659	73	1	in	in	ADP
fueconorg-2659	73	2	perfect	perfect	ADJ
fueconorg-2659	73	3	competition	competition	NOUN
fueconorg-2659	73	4	,	,	PUNCT
fueconorg-2659	73	5	the	the	DET
fueconorg-2659	73	6	offer	offer	NOUN
fueconorg-2659	73	7	of	of	ADP
fueconorg-2659	73	8	each	each	DET
fueconorg-2659	73	9	company	company	NOUN
fueconorg-2659	73	10	tends	tend	VERB
fueconorg-2659	73	11	to	to	ADP
fueconorg-2659	73	12	0	0	NUM
fueconorg-2659	73	13	,	,	PUNCT
fueconorg-2659	73	14	so	so	ADV
fueconorg-2659	73	15	the	the	DET
fueconorg-2659	73	16	value	value	NOUN
fueconorg-2659	73	17	of	of	ADP
fueconorg-2659	73	18	this	this	DET
fueconorg-2659	73	19	index	index	NOUN
fueconorg-2659	73	20	tends	tend	VERB
fueconorg-2659	73	21	to	to	ADP
fueconorg-2659	73	22	0	0	NUM
fueconorg-2659	73	23	.	.	PUNCT
fueconorg-2659	73	24	table	table	NOUN
fueconorg-2659	73	25	1	1	NUM
fueconorg-2659	73	26	types	type	NOUN
fueconorg-2659	73	27	of	of	ADP
fueconorg-2659	73	28	markets	market	NOUN
fueconorg-2659	73	29	according	accord	VERB
fueconorg-2659	73	30	to	to	ADP
fueconorg-2659	73	31	the	the	DET
fueconorg-2659	73	32	values	value	NOUN
fueconorg-2659	73	33	of	of	ADP
fueconorg-2659	73	34	herfindahl	herfindahl	NOUN
fueconorg-2659	73	35	-	-	PUNCT
fueconorg-2659	73	36	hirschman	hirschman	NOUN
fueconorg-2659	73	37	index	index	NOUN
fueconorg-2659	73	38	hhi	hhi	NOUN
fueconorg-2659	73	39	value	value	NOUN
fueconorg-2659	73	40	concentration	concentration	NOUN
fueconorg-2659	73	41	level	level	NOUN
fueconorg-2659	73	42	hhi	hhi	NOUN
fueconorg-2659	73	43	<	<	X
fueconorg-2659	73	44	1000	1000	NUM
fueconorg-2659	73	45	non	non	ADJ
fueconorg-2659	73	46	-	-	ADJ
fueconorg-2659	73	47	concentrated	concentrated	ADJ
fueconorg-2659	73	48	(	(	PUNCT
fueconorg-2659	73	49	low	low	ADV
fueconorg-2659	73	50	concentrated	concentrated	ADJ
fueconorg-2659	73	51	)	)	PUNCT
fueconorg-2659	73	52	offer	offer	NOUN
fueconorg-2659	73	53	.	.	PUNCT
fueconorg-2659	74	1	1000	1000	NUM
fueconorg-2659	74	2	≤	≤	NOUN
fueconorg-2659	74	3	hhi	hhi	NOUN
fueconorg-2659	74	4	<	<	X
fueconorg-2659	74	5	1800	1800	NUM
fueconorg-2659	74	6	medium	medium	ADJ
fueconorg-2659	74	7	concentrated	concentrated	ADJ
fueconorg-2659	74	8	offer	offer	NOUN
fueconorg-2659	74	9	.	.	PUNCT
fueconorg-2659	75	1	1800	1800	NUM
fueconorg-2659	75	2	≤	≤	NUM
fueconorg-2659	75	3	hhi	hhi	NOUN
fueconorg-2659	75	4	<	<	X
fueconorg-2659	75	5	2600	2600	NUM
fueconorg-2659	75	6	high	high	ADJ
fueconorg-2659	75	7	concentrated	concentrate	VERB
fueconorg-2659	75	8	offer	offer	NOUN
fueconorg-2659	75	9	.	.	PUNCT
fueconorg-2659	76	1	2600	2600	NUM
fueconorg-2659	76	2	≤	≤	NUM
fueconorg-2659	76	3	hhi	hhi	NOUN
fueconorg-2659	76	4	<	<	X
fueconorg-2659	76	5	10000	10000	NUM
fueconorg-2659	76	6	very	very	ADV
fueconorg-2659	76	7	high	high	ADJ
fueconorg-2659	76	8	concentrated	concentrated	ADJ
fueconorg-2659	76	9	offer	offer	NOUN
fueconorg-2659	76	10	.	.	PUNCT
fueconorg-2659	77	1	hhi	hhi	NOUN
fueconorg-2659	77	2	=	=	SYM
fueconorg-2659	77	3	10000	10000	NUM
fueconorg-2659	77	4	monopolistic	monopolistic	ADJ
fueconorg-2659	77	5	concentrated	concentrate	VERB
fueconorg-2659	77	6	offer	offer	NOUN
fueconorg-2659	77	7	.	.	PUNCT
fueconorg-2659	78	1	source	source	NOUN
fueconorg-2659	78	2	:	:	PUNCT
fueconorg-2659	78	3	(	(	PUNCT
fueconorg-2659	78	4	begović	begović	NOUN
fueconorg-2659	78	5	et	et	PROPN
fueconorg-2659	78	6	al	al	PROPN
fueconorg-2659	78	7	.	.	PROPN
fueconorg-2659	78	8	,	,	PUNCT
fueconorg-2659	78	9	2002	2002	NUM
fueconorg-2659	78	10	,	,	PUNCT
fueconorg-2659	78	11	p.	p.	NOUN
fueconorg-2659	78	12	35	35	NUM
fueconorg-2659	78	13	)	)	PUNCT
fueconorg-2659	78	14	by	by	ADP
fueconorg-2659	78	15	herfindahl	herfindahl	NOUN
fueconorg-2659	78	16	-	-	PUNCT
fueconorg-2659	78	17	hirschman	hirschman	NOUN
fueconorg-2659	78	18	index	index	NOUN
fueconorg-2659	78	19	,	,	PUNCT
fueconorg-2659	78	20	the	the	DET
fueconorg-2659	78	21	concentration	concentration	NOUN
fueconorg-2659	78	22	of	of	ADP
fueconorg-2659	78	23	the	the	DET
fueconorg-2659	78	24	banking	banking	NOUN
fueconorg-2659	78	25	sector	sector	NOUN
fueconorg-2659	78	26	in	in	ADP
fueconorg-2659	78	27	the	the	DET
fueconorg-2659	78	28	time	time	NOUN
fueconorg-2659	78	29	interval	interval	NOUN
fueconorg-2659	78	30	from	from	ADP
fueconorg-2659	78	31	2008	2008	NUM
fueconorg-2659	78	32	to	to	ADP
fueconorg-2659	78	33	2015	2015	NUM
fueconorg-2659	78	34	will	will	AUX
fueconorg-2659	78	35	be	be	AUX
fueconorg-2659	78	36	analyzed	analyze	VERB
fueconorg-2659	78	37	.	.	PUNCT
fueconorg-2659	79	1	2	2	X
fueconorg-2659	79	2	.	.	X
fueconorg-2659	79	3	efficiency	efficiency	NOUN
fueconorg-2659	79	4	of	of	ADP
fueconorg-2659	79	5	the	the	DET
fueconorg-2659	79	6	banking	banking	NOUN
fueconorg-2659	79	7	sector	sector	NOUN
fueconorg-2659	79	8	comparing	compare	VERB
fueconorg-2659	79	9	the	the	DET
fueconorg-2659	79	10	financial	financial	ADJ
fueconorg-2659	79	11	systems	system	NOUN
fueconorg-2659	79	12	and	and	CCONJ
fueconorg-2659	79	13	different	different	ADJ
fueconorg-2659	79	14	countries	country	NOUN
fueconorg-2659	79	15	and	and	CCONJ
fueconorg-2659	79	16	regions	region	NOUN
fueconorg-2659	79	17	,	,	PUNCT
fueconorg-2659	79	18	allen	allen	NOUN
fueconorg-2659	79	19	and	and	CCONJ
fueconorg-2659	79	20	gale	gale	PROPN
fueconorg-2659	79	21	(	(	PUNCT
fueconorg-2659	79	22	2001	2001	NUM
fueconorg-2659	79	23	)	)	PUNCT
fueconorg-2659	79	24	conclude	conclude	VERB
fueconorg-2659	79	25	that	that	SCONJ
fueconorg-2659	79	26	there	there	PRON
fueconorg-2659	79	27	is	be	VERB
fueconorg-2659	79	28	inherent	inherent	ADJ
fueconorg-2659	79	29	inefficiency	inefficiency	NOUN
fueconorg-2659	79	30	within	within	ADP
fueconorg-2659	79	31	the	the	DET
fueconorg-2659	79	32	monopolistic	monopolistic	ADJ
fueconorg-2659	79	33	power	power	NOUN
fueconorg-2659	79	34	of	of	ADP
fueconorg-2659	79	35	banks	bank	NOUN
fueconorg-2659	79	36	,	,	PUNCT
fueconorg-2659	79	37	which	which	PRON
fueconorg-2659	79	38	may	may	AUX
fueconorg-2659	79	39	also	also	ADV
fueconorg-2659	79	40	adopt	adopt	VERB
fueconorg-2659	79	41	an	an	DET
fueconorg-2659	79	42	excessively	excessively	ADV
fueconorg-2659	79	43	conservative	conservative	ADJ
fueconorg-2659	79	44	approach	approach	NOUN
fueconorg-2659	79	45	while	while	SCONJ
fueconorg-2659	79	46	the	the	DET
fueconorg-2659	79	47	competitive	competitive	ADJ
fueconorg-2659	79	48	nature	nature	NOUN
fueconorg-2659	79	49	of	of	ADP
fueconorg-2659	79	50	markets	market	NOUN
fueconorg-2659	79	51	tends	tend	VERB
fueconorg-2659	79	52	to	to	PART
fueconorg-2659	79	53	encourage	encourage	VERB
fueconorg-2659	79	54	innovation	innovation	NOUN
fueconorg-2659	79	55	and	and	CCONJ
fueconorg-2659	79	56	growth	growth	NOUN
fueconorg-2659	79	57	-	-	PUNCT
fueconorg-2659	79	58	enhancing	enhance	VERB
fueconorg-2659	79	59	activities	activity	NOUN
fueconorg-2659	79	60	(	(	PUNCT
fueconorg-2659	79	61	ferreira	ferreira	PROPN
fueconorg-2659	79	62	,	,	PUNCT
fueconorg-2659	79	63	2012	2012	NUM
fueconorg-2659	79	64	,	,	PUNCT
fueconorg-2659	79	65	p.	p.	NOUN
fueconorg-2659	79	66	7	7	NUM
fueconorg-2659	79	67	)	)	PUNCT
fueconorg-2659	79	68	.	.	PUNCT
fueconorg-2659	80	1	in	in	ADP
fueconorg-2659	80	2	recent	recent	ADJ
fueconorg-2659	80	3	decades	decade	NOUN
fueconorg-2659	80	4	,	,	PUNCT
fueconorg-2659	80	5	banks	bank	NOUN
fueconorg-2659	80	6	have	have	AUX
fueconorg-2659	80	7	been	be	AUX
fueconorg-2659	80	8	operating	operate	VERB
fueconorg-2659	80	9	in	in	ADP
fueconorg-2659	80	10	a	a	DET
fueconorg-2659	80	11	very	very	ADV
fueconorg-2659	80	12	competitive	competitive	ADJ
fueconorg-2659	80	13	environment	environment	NOUN
fueconorg-2659	80	14	,	,	PUNCT
fueconorg-2659	80	15	and	and	CCONJ
fueconorg-2659	80	16	in	in	ADP
fueconorg-2659	80	17	addition	addition	NOUN
fueconorg-2659	80	18	to	to	ADP
fueconorg-2659	80	19	size	size	NOUN
fueconorg-2659	80	20	,	,	PUNCT
fueconorg-2659	80	21	capitalization	capitalization	NOUN
fueconorg-2659	80	22	,	,	PUNCT
fueconorg-2659	80	23	liquidity	liquidity	NOUN
fueconorg-2659	80	24	and	and	CCONJ
fueconorg-2659	80	25	other	other	ADJ
fueconorg-2659	80	26	quantitative	quantitative	ADJ
fueconorg-2659	80	27	variables	variable	NOUN
fueconorg-2659	80	28	,	,	PUNCT
fueconorg-2659	80	29	they	they	PRON
fueconorg-2659	80	30	have	have	AUX
fueconorg-2659	80	31	been	be	AUX
fueconorg-2659	80	32	"	"	PUNCT
fueconorg-2659	80	33	forced	force	VERB
fueconorg-2659	80	34	"	"	PUNCT
fueconorg-2659	80	35	to	to	PART
fueconorg-2659	80	36	take	take	VERB
fueconorg-2659	80	37	into	into	ADP
fueconorg-2659	80	38	account	account	NOUN
fueconorg-2659	80	39	the	the	DET
fueconorg-2659	80	40	efficiency	efficiency	NOUN
fueconorg-2659	80	41	as	as	ADV
fueconorg-2659	80	42	well	well	ADV
fueconorg-2659	80	43	.	.	PUNCT
fueconorg-2659	81	1	however	however	ADV
fueconorg-2659	81	2	,	,	PUNCT
fueconorg-2659	81	3	it	it	PRON
fueconorg-2659	81	4	should	should	AUX
fueconorg-2659	81	5	not	not	PART
fueconorg-2659	81	6	be	be	AUX
fueconorg-2659	81	7	concluded	conclude	VERB
fueconorg-2659	81	8	that	that	SCONJ
fueconorg-2659	81	9	the	the	DET
fueconorg-2659	81	10	efficiency	efficiency	NOUN
fueconorg-2659	81	11	is	be	AUX
fueconorg-2659	81	12	a	a	DET
fueconorg-2659	81	13	new	new	ADJ
fueconorg-2659	81	14	asset	asset	NOUN
fueconorg-2659	81	15	for	for	ADP
fueconorg-2659	81	16	the	the	DET
fueconorg-2659	81	17	banking	banking	NOUN
fueconorg-2659	81	18	system	system	NOUN
fueconorg-2659	81	19	.	.	PUNCT
fueconorg-2659	82	1	on	on	ADP
fueconorg-2659	82	2	the	the	DET
fueconorg-2659	82	3	contrary	contrary	NOUN
fueconorg-2659	82	4	,	,	PUNCT
fueconorg-2659	82	5	this	this	DET
fueconorg-2659	82	6	variable	variable	NOUN
fueconorg-2659	82	7	has	have	AUX
fueconorg-2659	82	8	always	always	ADV
fueconorg-2659	82	9	been	be	AUX
fueconorg-2659	82	10	an	an	DET
fueconorg-2659	82	11	asset	asset	NOUN
fueconorg-2659	82	12	for	for	ADP
fueconorg-2659	82	13	the	the	DET
fueconorg-2659	82	14	banking	banking	NOUN
fueconorg-2659	82	15	system	system	NOUN
fueconorg-2659	82	16	,	,	PUNCT
fueconorg-2659	82	17	but	but	CCONJ
fueconorg-2659	82	18	it	it	PRON
fueconorg-2659	82	19	has	have	AUX
fueconorg-2659	82	20	not	not	PART
fueconorg-2659	82	21	been	be	AUX
fueconorg-2659	82	22	a	a	DET
fueconorg-2659	82	23	priority	priority	NOUN
fueconorg-2659	82	24	,	,	PUNCT
fueconorg-2659	82	25	because	because	SCONJ
fueconorg-2659	82	26	the	the	DET
fueconorg-2659	82	27	business	business	NOUN
fueconorg-2659	82	28	conditions	condition	NOUN
fueconorg-2659	82	29	have	have	AUX
fueconorg-2659	82	30	been	be	AUX
fueconorg-2659	82	31	different	different	ADJ
fueconorg-2659	82	32	than	than	ADP
fueconorg-2659	82	33	today	today	NOUN
fueconorg-2659	82	34	.	.	PUNCT
fueconorg-2659	83	1	the	the	DET
fueconorg-2659	83	2	structure	structure	NOUN
fueconorg-2659	83	3	,	,	PUNCT
fueconorg-2659	83	4	performance	performance	NOUN
fueconorg-2659	83	5	and	and	CCONJ
fueconorg-2659	83	6	function	function	NOUN
fueconorg-2659	83	7	of	of	ADP
fueconorg-2659	83	8	the	the	DET
fueconorg-2659	83	9	banking	banking	NOUN
fueconorg-2659	83	10	sector	sector	NOUN
fueconorg-2659	83	11	had	have	VERB
fueconorg-2659	83	12	to	to	PART
fueconorg-2659	83	13	adapt	adapt	VERB
fueconorg-2659	83	14	to	to	ADP
fueconorg-2659	83	15	modern	modern	ADJ
fueconorg-2659	83	16	conditions	condition	NOUN
fueconorg-2659	83	17	,	,	PUNCT
fueconorg-2659	83	18	demanding	demand	VERB
fueconorg-2659	83	19	a	a	DET
fueconorg-2659	83	20	higher	high	ADJ
fueconorg-2659	83	21	level	level	NOUN
fueconorg-2659	83	22	of	of	ADP
fueconorg-2659	83	23	efficiency	efficiency	NOUN
fueconorg-2659	83	24	which	which	PRON
fueconorg-2659	83	25	is	be	AUX
fueconorg-2659	83	26	crucial	crucial	ADJ
fueconorg-2659	83	27	for	for	ADP
fueconorg-2659	83	28	their	their	PRON
fueconorg-2659	83	29	survival	survival	NOUN
fueconorg-2659	83	30	and	and	CCONJ
fueconorg-2659	83	31	it	it	PRON
fueconorg-2659	83	32	can	can	AUX
fueconorg-2659	83	33	create	create	VERB
fueconorg-2659	83	34	a	a	DET
fueconorg-2659	83	35	competitive	competitive	ADJ
fueconorg-2659	83	36	advantage	advantage	NOUN
fueconorg-2659	83	37	for	for	ADP
fueconorg-2659	83	38	them	they	PRON
fueconorg-2659	83	39	.	.	PUNCT
fueconorg-2659	84	1	an	an	DET
fueconorg-2659	84	2	efficient	efficient	ADJ
fueconorg-2659	84	3	banking	banking	NOUN
fueconorg-2659	84	4	sector	sector	NOUN
fueconorg-2659	84	5	is	be	AUX
fueconorg-2659	84	6	able	able	ADJ
fueconorg-2659	84	7	to	to	PART
fueconorg-2659	84	8	neutralize	neutralize	VERB
fueconorg-2659	84	9	negative	negative	ADJ
fueconorg-2659	84	10	shocks	shock	NOUN
fueconorg-2659	84	11	and	and	CCONJ
fueconorg-2659	84	12	to	to	PART
fueconorg-2659	84	13	contribute	contribute	VERB
fueconorg-2659	84	14	to	to	ADP
fueconorg-2659	84	15	the	the	DET
fueconorg-2659	84	16	stability	stability	NOUN
fueconorg-2659	84	17	of	of	ADP
fueconorg-2659	84	18	the	the	DET
fueconorg-2659	84	19	financial	financial	ADJ
fueconorg-2659	84	20	system	system	NOUN
fueconorg-2659	84	21	.	.	PUNCT
fueconorg-2659	85	1	the	the	DET
fueconorg-2659	85	2	performance	performance	NOUN
fueconorg-2659	85	3	of	of	ADP
fueconorg-2659	85	4	each	each	DET
fueconorg-2659	85	5	bank	bank	NOUN
fueconorg-2659	85	6	is	be	AUX
fueconorg-2659	85	7	measured	measure	VERB
fueconorg-2659	85	8	relative	relative	ADJ
fueconorg-2659	85	9	to	to	ADP
fueconorg-2659	85	10	what	what	PRON
fueconorg-2659	85	11	the	the	DET
fueconorg-2659	85	12	best	good	ADJ
fueconorg-2659	85	13	performance	performance	NOUN
fueconorg-2659	85	14	of	of	ADP
fueconorg-2659	85	15	a	a	DET
fueconorg-2659	85	16	best	good	ADJ
fueconorg-2659	85	17	practice	practice	NOUN
fueconorg-2659	85	18	bank	bank	NOUN
fueconorg-2659	85	19	on	on	ADP
fueconorg-2659	85	20	the	the	DET
fueconorg-2659	85	21	efficient	efficient	ADJ
fueconorg-2659	85	22	frontier	frontier	NOUN
fueconorg-2659	85	23	would	would	AUX
fueconorg-2659	85	24	be	be	AUX
fueconorg-2659	85	25	expected	expect	VERB
fueconorg-2659	85	26	to	to	PART
fueconorg-2659	85	27	be	be	AUX
fueconorg-2659	85	28	if	if	SCONJ
fueconorg-2659	85	29	it	it	PRON
fueconorg-2659	85	30	faced	face	VERB
fueconorg-2659	85	31	the	the	DET
fueconorg-2659	85	32	same	same	ADJ
fueconorg-2659	85	33	exogenous	exogenous	ADJ
fueconorg-2659	85	34	conditions	condition	NOUN
fueconorg-2659	85	35	as	as	SCONJ
fueconorg-2659	85	36	the	the	DET
fueconorg-2659	85	37	bank	bank	NOUN
fueconorg-2659	85	38	being	be	AUX
fueconorg-2659	85	39	measured	measure	VERB
fueconorg-2659	85	40	(	(	PUNCT
fueconorg-2659	85	41	berger	berger	PROPN
fueconorg-2659	85	42	,	,	PUNCT
fueconorg-2659	85	43	2007	2007	NUM
fueconorg-2659	85	44	,	,	PUNCT
fueconorg-2659	85	45	p.	p.	NOUN
fueconorg-2659	85	46	122	122	NUM
fueconorg-2659	85	47	)	)	PUNCT
fueconorg-2659	85	48	.	.	PUNCT
fueconorg-2659	86	1	concentration	concentration	NOUN
fueconorg-2659	86	2	effect	effect	NOUN
fueconorg-2659	86	3	on	on	ADP
fueconorg-2659	86	4	the	the	DET
fueconorg-2659	86	5	efficiency	efficiency	NOUN
fueconorg-2659	86	6	of	of	ADP
fueconorg-2659	86	7	banking	banking	NOUN
fueconorg-2659	86	8	sector	sector	NOUN
fueconorg-2659	86	9	in	in	ADP
fueconorg-2659	86	10	the	the	DET
fueconorg-2659	86	11	republic	republic	NOUN
fueconorg-2659	86	12	of	of	ADP
fueconorg-2659	86	13	serbia	serbia	PROPN
fueconorg-2659	86	14	285	285	NUM
fueconorg-2659	86	15	there	there	PRON
fueconorg-2659	86	16	are	be	VERB
fueconorg-2659	86	17	three	three	NUM
fueconorg-2659	86	18	categories	category	NOUN
fueconorg-2659	86	19	of	of	ADP
fueconorg-2659	86	20	efficiency	efficiency	NOUN
fueconorg-2659	86	21	:	:	PUNCT
fueconorg-2659	86	22	productive	productive	ADJ
fueconorg-2659	86	23	,	,	PUNCT
fueconorg-2659	86	24	cost	cost	NOUN
fueconorg-2659	86	25	and	and	CCONJ
fueconorg-2659	86	26	profit	profit	NOUN
fueconorg-2659	86	27	efficiency	efficiency	NOUN
fueconorg-2659	86	28	(	(	PUNCT
fueconorg-2659	86	29	apergis	apergis	NOUN
fueconorg-2659	86	30	&	&	CCONJ
fueconorg-2659	86	31	alevizopoulou	alevizopoulou	PROPN
fueconorg-2659	86	32	,	,	PUNCT
fueconorg-2659	86	33	2011	2011	NUM
fueconorg-2659	86	34	,	,	PUNCT
fueconorg-2659	86	35	p.	p.	NOUN
fueconorg-2659	86	36	330	330	NUM
fueconorg-2659	86	37	)	)	PUNCT
fueconorg-2659	86	38	.	.	PUNCT
fueconorg-2659	87	1	the	the	DET
fueconorg-2659	87	2	first	first	ADJ
fueconorg-2659	87	3	type	type	NOUN
fueconorg-2659	87	4	refers	refer	VERB
fueconorg-2659	87	5	to	to	ADP
fueconorg-2659	87	6	the	the	DET
fueconorg-2659	87	7	production	production	NOUN
fueconorg-2659	87	8	based	base	VERB
fueconorg-2659	87	9	on	on	ADP
fueconorg-2659	87	10	given	give	VERB
fueconorg-2659	87	11	input	input	NOUN
fueconorg-2659	87	12	parameters	parameter	NOUN
fueconorg-2659	87	13	.	.	PUNCT
fueconorg-2659	88	1	the	the	DET
fueconorg-2659	88	2	production	production	NOUN
fueconorg-2659	88	3	plan	plan	NOUN
fueconorg-2659	88	4	is	be	AUX
fueconorg-2659	88	5	effective	effective	ADJ
fueconorg-2659	88	6	if	if	SCONJ
fueconorg-2659	88	7	there	there	PRON
fueconorg-2659	88	8	is	be	VERB
fueconorg-2659	88	9	a	a	DET
fueconorg-2659	88	10	way	way	NOUN
fueconorg-2659	88	11	to	to	PART
fueconorg-2659	88	12	increase	increase	VERB
fueconorg-2659	88	13	production	production	NOUN
fueconorg-2659	88	14	with	with	ADP
fueconorg-2659	88	15	the	the	DET
fueconorg-2659	88	16	same	same	ADJ
fueconorg-2659	88	17	amount	amount	NOUN
fueconorg-2659	88	18	of	of	ADP
fueconorg-2659	88	19	inputs	input	NOUN
fueconorg-2659	88	20	,	,	PUNCT
fueconorg-2659	88	21	i.e.	i.e.	X
fueconorg-2659	88	22	it	it	PRON
fueconorg-2659	88	23	is	be	AUX
fueconorg-2659	88	24	not	not	PART
fueconorg-2659	88	25	possible	possible	ADJ
fueconorg-2659	88	26	to	to	PART
fueconorg-2659	88	27	produce	produce	VERB
fueconorg-2659	88	28	the	the	DET
fueconorg-2659	88	29	same	same	ADJ
fueconorg-2659	88	30	amount	amount	NOUN
fueconorg-2659	88	31	with	with	ADP
fueconorg-2659	88	32	less	less	ADJ
fueconorg-2659	88	33	inputs	input	NOUN
fueconorg-2659	88	34	.	.	PUNCT
fueconorg-2659	89	1	the	the	DET
fueconorg-2659	89	2	second	second	ADJ
fueconorg-2659	89	3	type	type	NOUN
fueconorg-2659	89	4	of	of	ADP
fueconorg-2659	89	5	efficiency	efficiency	NOUN
fueconorg-2659	89	6	measures	measure	VERB
fueconorg-2659	89	7	the	the	DET
fueconorg-2659	89	8	ability	ability	NOUN
fueconorg-2659	89	9	of	of	ADP
fueconorg-2659	89	10	banks	bank	NOUN
fueconorg-2659	89	11	to	to	PART
fueconorg-2659	89	12	reduce	reduce	VERB
fueconorg-2659	89	13	costs	cost	NOUN
fueconorg-2659	89	14	at	at	ADP
fueconorg-2659	89	15	a	a	DET
fueconorg-2659	89	16	given	give	VERB
fueconorg-2659	89	17	price	price	NOUN
fueconorg-2659	89	18	of	of	ADP
fueconorg-2659	89	19	input	input	NOUN
fueconorg-2659	89	20	parameters	parameter	NOUN
fueconorg-2659	89	21	.	.	PUNCT
fueconorg-2659	90	1	in	in	ADP
fueconorg-2659	90	2	fact	fact	NOUN
fueconorg-2659	90	3	,	,	PUNCT
fueconorg-2659	90	4	this	this	DET
fueconorg-2659	90	5	type	type	NOUN
fueconorg-2659	90	6	of	of	ADP
fueconorg-2659	90	7	efficiency	efficiency	NOUN
fueconorg-2659	90	8	measures	measure	NOUN
fueconorg-2659	90	9	how	how	SCONJ
fueconorg-2659	90	10	close	close	ADJ
fueconorg-2659	90	11	or	or	CCONJ
fueconorg-2659	90	12	far	far	ADV
fueconorg-2659	90	13	the	the	DET
fueconorg-2659	90	14	costs	cost	NOUN
fueconorg-2659	90	15	of	of	ADP
fueconorg-2659	90	16	banks	bank	NOUN
fueconorg-2659	90	17	are	be	AUX
fueconorg-2659	90	18	from	from	ADP
fueconorg-2659	90	19	the	the	DET
fueconorg-2659	90	20	banks	bank	NOUN
fueconorg-2659	90	21	with	with	ADP
fueconorg-2659	90	22	the	the	DET
fueconorg-2659	90	23	best	good	ADJ
fueconorg-2659	90	24	practice	practice	NOUN
fueconorg-2659	90	25	,	,	PUNCT
fueconorg-2659	90	26	producing	produce	VERB
fueconorg-2659	90	27	the	the	DET
fueconorg-2659	90	28	same	same	ADJ
fueconorg-2659	90	29	amount	amount	NOUN
fueconorg-2659	90	30	in	in	ADP
fueconorg-2659	90	31	the	the	DET
fueconorg-2659	90	32	same	same	ADJ
fueconorg-2659	90	33	business	business	NOUN
fueconorg-2659	90	34	conditions	condition	NOUN
fueconorg-2659	90	35	.	.	PUNCT
fueconorg-2659	91	1	if	if	SCONJ
fueconorg-2659	91	2	the	the	DET
fueconorg-2659	91	3	costs	cost	NOUN
fueconorg-2659	91	4	of	of	ADP
fueconorg-2659	91	5	a	a	DET
fueconorg-2659	91	6	bank	bank	NOUN
fueconorg-2659	91	7	are	be	AUX
fueconorg-2659	91	8	higher	high	ADJ
fueconorg-2659	91	9	than	than	ADP
fueconorg-2659	91	10	the	the	DET
fueconorg-2659	91	11	costs	cost	NOUN
fueconorg-2659	91	12	of	of	ADP
fueconorg-2659	91	13	the	the	DET
fueconorg-2659	91	14	best	good	ADJ
fueconorg-2659	91	15	bank	bank	NOUN
fueconorg-2659	91	16	practice	practice	NOUN
fueconorg-2659	91	17	,	,	PUNCT
fueconorg-2659	91	18	and	and	CCONJ
fueconorg-2659	91	19	that	that	DET
fueconorg-2659	91	20	difference	difference	NOUN
fueconorg-2659	91	21	can	can	AUX
fueconorg-2659	91	22	not	not	PART
fueconorg-2659	91	23	be	be	AUX
fueconorg-2659	91	24	explained	explain	VERB
fueconorg-2659	91	25	by	by	ADP
fueconorg-2659	91	26	any	any	DET
fueconorg-2659	91	27	statistical	statistical	ADJ
fueconorg-2659	91	28	noise	noise	NOUN
fueconorg-2659	91	29	,	,	PUNCT
fueconorg-2659	91	30	then	then	ADV
fueconorg-2659	91	31	,	,	PUNCT
fueconorg-2659	91	32	that	that	DET
fueconorg-2659	91	33	bank	bank	NOUN
fueconorg-2659	91	34	is	be	AUX
fueconorg-2659	91	35	characterized	characterize	VERB
fueconorg-2659	91	36	as	as	ADP
fueconorg-2659	91	37	cost	cost	NOUN
fueconorg-2659	91	38	inefficient	inefficient	ADJ
fueconorg-2659	91	39	.	.	PUNCT
fueconorg-2659	92	1	finally	finally	ADV
fueconorg-2659	92	2	,	,	PUNCT
fueconorg-2659	92	3	profit	profit	NOUN
fueconorg-2659	92	4	efficiency	efficiency	NOUN
fueconorg-2659	92	5	measures	measure	VERB
fueconorg-2659	92	6	the	the	DET
fueconorg-2659	92	7	ability	ability	NOUN
fueconorg-2659	92	8	of	of	ADP
fueconorg-2659	92	9	banks	bank	NOUN
fueconorg-2659	92	10	to	to	PART
fueconorg-2659	92	11	maximize	maximize	VERB
fueconorg-2659	92	12	profits	profit	NOUN
fueconorg-2659	92	13	given	give	VERB
fueconorg-2659	92	14	the	the	DET
fueconorg-2659	92	15	prices	price	NOUN
fueconorg-2659	92	16	of	of	ADP
fueconorg-2659	92	17	inputs	input	NOUN
fueconorg-2659	92	18	and	and	CCONJ
fueconorg-2659	92	19	outputs	output	NOUN
fueconorg-2659	92	20	.	.	PUNCT
fueconorg-2659	93	1	in	in	ADP
fueconorg-2659	93	2	fact	fact	NOUN
fueconorg-2659	93	3	,	,	PUNCT
fueconorg-2659	93	4	it	it	PRON
fueconorg-2659	93	5	implies	imply	VERB
fueconorg-2659	93	6	maximizing	maximize	VERB
fueconorg-2659	93	7	production	production	NOUN
fueconorg-2659	93	8	at	at	ADP
fueconorg-2659	93	9	a	a	DET
fueconorg-2659	93	10	given	give	VERB
fueconorg-2659	93	11	level	level	NOUN
fueconorg-2659	93	12	of	of	ADP
fueconorg-2659	93	13	expenditure	expenditure	NOUN
fueconorg-2659	93	14	.	.	PUNCT
fueconorg-2659	94	1	in	in	ADP
fueconorg-2659	94	2	addition	addition	NOUN
fueconorg-2659	94	3	to	to	ADP
fueconorg-2659	94	4	the	the	DET
fueconorg-2659	94	5	traditional	traditional	ADJ
fueconorg-2659	94	6	way	way	NOUN
fueconorg-2659	94	7	of	of	ADP
fueconorg-2659	94	8	measuring	measure	VERB
fueconorg-2659	94	9	efficiency	efficiency	NOUN
fueconorg-2659	94	10	,	,	PUNCT
fueconorg-2659	94	11	there	there	PRON
fueconorg-2659	94	12	are	be	VERB
fueconorg-2659	94	13	two	two	NUM
fueconorg-2659	94	14	approaches	approach	NOUN
fueconorg-2659	94	15	that	that	PRON
fueconorg-2659	94	16	can	can	AUX
fueconorg-2659	94	17	be	be	AUX
fueconorg-2659	94	18	used	use	VERB
fueconorg-2659	94	19	to	to	PART
fueconorg-2659	94	20	assess	assess	VERB
fueconorg-2659	94	21	the	the	DET
fueconorg-2659	94	22	efficiency	efficiency	NOUN
fueconorg-2659	94	23	of	of	ADP
fueconorg-2659	94	24	banks	bank	NOUN
fueconorg-2659	94	25	–	–	PUNCT
fueconorg-2659	94	26	the	the	DET
fueconorg-2659	94	27	parametric	parametric	ADJ
fueconorg-2659	94	28	approach	approach	NOUN
fueconorg-2659	94	29	and	and	CCONJ
fueconorg-2659	94	30	nonparametric	nonparametric	NOUN
fueconorg-2659	94	31	approach	approach	NOUN
fueconorg-2659	94	32	.	.	PUNCT
fueconorg-2659	95	1	both	both	PRON
fueconorg-2659	95	2	require	require	VERB
fueconorg-2659	95	3	the	the	DET
fueconorg-2659	95	4	specification	specification	NOUN
fueconorg-2659	95	5	of	of	ADP
fueconorg-2659	95	6	a	a	DET
fueconorg-2659	95	7	cost	cost	NOUN
fueconorg-2659	95	8	or	or	CCONJ
fueconorg-2659	95	9	production	production	NOUN
fueconorg-2659	95	10	function	function	NOUN
fueconorg-2659	95	11	or	or	CCONJ
fueconorg-2659	95	12	frontier	frontier	NOUN
fueconorg-2659	95	13	,	,	PUNCT
fueconorg-2659	95	14	but	but	CCONJ
fueconorg-2659	95	15	former	former	ADJ
fueconorg-2659	95	16	involves	involve	VERB
fueconorg-2659	95	17	the	the	DET
fueconorg-2659	95	18	specification	specification	NOUN
fueconorg-2659	95	19	and	and	CCONJ
fueconorg-2659	95	20	econometric	econometric	ADJ
fueconorg-2659	95	21	estimation	estimation	NOUN
fueconorg-2659	95	22	of	of	ADP
fueconorg-2659	95	23	a	a	DET
fueconorg-2659	95	24	statistical	statistical	ADJ
fueconorg-2659	95	25	or	or	CCONJ
fueconorg-2659	95	26	parametric	parametric	ADJ
fueconorg-2659	95	27	function	function	NOUN
fueconorg-2659	95	28	/	/	SYM
fueconorg-2659	95	29	frontier	frontier	NOUN
fueconorg-2659	95	30	,	,	PUNCT
fueconorg-2659	95	31	while	while	SCONJ
fueconorg-2659	95	32	the	the	DET
fueconorg-2659	95	33	non	non	ADJ
fueconorg-2659	95	34	-	-	ADJ
fueconorg-2659	95	35	parametric	parametric	ADJ
fueconorg-2659	95	36	approaches	approach	NOUN
fueconorg-2659	95	37	provides	provide	VERB
fueconorg-2659	95	38	a	a	DET
fueconorg-2659	95	39	piecewise	piecewise	NOUN
fueconorg-2659	95	40	linear	linear	NOUN
fueconorg-2659	95	41	frontier	frontier	NOUN
fueconorg-2659	95	42	by	by	ADP
fueconorg-2659	95	43	enveloping	envelop	VERB
fueconorg-2659	95	44	the	the	DET
fueconorg-2659	95	45	observed	observe	VERB
fueconorg-2659	95	46	data	data	NOUN
fueconorg-2659	95	47	points	point	NOUN
fueconorg-2659	95	48	(	(	PUNCT
fueconorg-2659	95	49	drake	drake	NOUN
fueconorg-2659	95	50	&	&	CCONJ
fueconorg-2659	95	51	hall	hall	PROPN
fueconorg-2659	95	52	,	,	PUNCT
fueconorg-2659	95	53	2003	2003	NUM
fueconorg-2659	95	54	,	,	PUNCT
fueconorg-2659	95	55	p.	p.	NOUN
fueconorg-2659	95	56	897	897	NUM
fueconorg-2659	95	57	)	)	PUNCT
fueconorg-2659	95	58	.	.	PUNCT
fueconorg-2659	96	1	in	in	ADP
fueconorg-2659	96	2	general	general	ADJ
fueconorg-2659	96	3	,	,	PUNCT
fueconorg-2659	96	4	both	both	DET
fueconorg-2659	96	5	approaches	approach	NOUN
fueconorg-2659	96	6	analyze	analyze	VERB
fueconorg-2659	96	7	the	the	DET
fueconorg-2659	96	8	best	good	ADJ
fueconorg-2659	96	9	practices	practice	NOUN
fueconorg-2659	96	10	of	of	ADP
fueconorg-2659	96	11	production	production	NOUN
fueconorg-2659	96	12	,	,	PUNCT
fueconorg-2659	96	13	cost	cost	NOUN
fueconorg-2659	96	14	or	or	CCONJ
fueconorg-2659	96	15	profit	profit	NOUN
fueconorg-2659	96	16	.	.	PUNCT
fueconorg-2659	97	1	a	a	DET
fueconorg-2659	97	2	serious	serious	ADJ
fueconorg-2659	97	3	lack	lack	NOUN
fueconorg-2659	97	4	of	of	ADP
fueconorg-2659	97	5	the	the	DET
fueconorg-2659	97	6	non	non	ADJ
fueconorg-2659	97	7	-	-	ADJ
fueconorg-2659	97	8	parametric	parametric	ADJ
fueconorg-2659	97	9	approach	approach	NOUN
fueconorg-2659	97	10	is	be	AUX
fueconorg-2659	97	11	that	that	SCONJ
fueconorg-2659	97	12	it	it	PRON
fueconorg-2659	97	13	does	do	AUX
fueconorg-2659	97	14	not	not	PART
fueconorg-2659	97	15	allow	allow	VERB
fueconorg-2659	97	16	that	that	SCONJ
fueconorg-2659	97	17	there	there	PRON
fueconorg-2659	97	18	is	be	VERB
fueconorg-2659	97	19	any	any	DET
fueconorg-2659	97	20	error	error	NOUN
fueconorg-2659	97	21	in	in	ADP
fueconorg-2659	97	22	the	the	DET
fueconorg-2659	97	23	data	datum	NOUN
fueconorg-2659	97	24	,	,	PUNCT
fueconorg-2659	97	25	and	and	CCONJ
fueconorg-2659	97	26	therefore	therefore	ADV
fueconorg-2659	97	27	assumes	assume	VERB
fueconorg-2659	97	28	that	that	SCONJ
fueconorg-2659	97	29	the	the	DET
fueconorg-2659	97	30	final	final	ADJ
fueconorg-2659	97	31	assessment	assessment	NOUN
fueconorg-2659	97	32	is	be	AUX
fueconorg-2659	97	33	solely	solely	ADV
fueconorg-2659	97	34	because	because	SCONJ
fueconorg-2659	97	35	of	of	ADP
fueconorg-2659	97	36	inefficiencies	inefficiency	NOUN
fueconorg-2659	97	37	.	.	PUNCT
fueconorg-2659	98	1	in	in	ADP
fueconorg-2659	98	2	this	this	DET
fueconorg-2659	98	3	paper	paper	NOUN
fueconorg-2659	98	4	,	,	PUNCT
fueconorg-2659	98	5	the	the	DET
fueconorg-2659	98	6	concept	concept	NOUN
fueconorg-2659	98	7	of	of	ADP
fueconorg-2659	98	8	efficiency	efficiency	NOUN
fueconorg-2659	98	9	will	will	AUX
fueconorg-2659	98	10	be	be	AUX
fueconorg-2659	98	11	reflected	reflect	VERB
fueconorg-2659	98	12	cost	cost	NOUN
fueconorg-2659	98	13	to	to	PART
fueconorg-2659	98	14	income	income	NOUN
fueconorg-2659	98	15	ratio	ratio	NOUN
fueconorg-2659	98	16	(	(	PUNCT
fueconorg-2659	98	17	c	c	X
fueconorg-2659	98	18	/	/	SYM
fueconorg-2659	98	19	i	i	PRON
fueconorg-2659	98	20	ratio	ratio	NOUN
fueconorg-2659	98	21	)	)	PUNCT
fueconorg-2659	98	22	.	.	PUNCT
fueconorg-2659	99	1	this	this	DET
fueconorg-2659	99	2	indicator	indicator	NOUN
fueconorg-2659	99	3	shows	show	VERB
fueconorg-2659	99	4	the	the	DET
fueconorg-2659	99	5	ability	ability	NOUN
fueconorg-2659	99	6	of	of	ADP
fueconorg-2659	99	7	banks	bank	NOUN
fueconorg-2659	99	8	that	that	PRON
fueconorg-2659	99	9	,	,	PUNCT
fueconorg-2659	99	10	by	by	ADP
fueconorg-2659	99	11	achieved	achieve	VERB
fueconorg-2659	99	12	interest	interest	NOUN
fueconorg-2659	99	13	margin	margin	NOUN
fueconorg-2659	99	14	,	,	PUNCT
fueconorg-2659	99	15	as	as	ADP
fueconorg-2659	99	16	a	a	DET
fueconorg-2659	99	17	major	major	ADJ
fueconorg-2659	99	18	generator	generator	NOUN
fueconorg-2659	99	19	of	of	ADP
fueconorg-2659	99	20	profits	profit	NOUN
fueconorg-2659	99	21	,	,	PUNCT
fueconorg-2659	99	22	and	and	CCONJ
fueconorg-2659	99	23	other	other	ADJ
fueconorg-2659	99	24	operating	operating	NOUN
fueconorg-2659	99	25	income	income	NOUN
fueconorg-2659	99	26	,	,	PUNCT
fueconorg-2659	99	27	covers	cover	VERB
fueconorg-2659	99	28	the	the	DET
fueconorg-2659	99	29	part	part	NOUN
fueconorg-2659	99	30	of	of	ADP
fueconorg-2659	99	31	business	business	NOUN
fueconorg-2659	99	32	expenses	expense	NOUN
fueconorg-2659	99	33	arising	arise	VERB
fueconorg-2659	99	34	mainly	mainly	ADV
fueconorg-2659	99	35	out	out	ADP
fueconorg-2659	99	36	of	of	ADP
fueconorg-2659	99	37	the	the	DET
fueconorg-2659	99	38	credit	credit	NOUN
fueconorg-2659	99	39	-	-	PUNCT
fueconorg-2659	99	40	deposit	deposit	NOUN
fueconorg-2659	99	41	operations	operation	NOUN
fueconorg-2659	99	42	themselves	themselves	PRON
fueconorg-2659	99	43	(	(	PUNCT
fueconorg-2659	99	44	ljumović	ljumović	NOUN
fueconorg-2659	99	45	et	et	PROPN
fueconorg-2659	99	46	al	al	PROPN
fueconorg-2659	99	47	.	.	PROPN
fueconorg-2659	99	48	,	,	PUNCT
fueconorg-2659	99	49	2011	2011	NUM
fueconorg-2659	99	50	,	,	PUNCT
fueconorg-2659	99	51	p.	p.	NOUN
fueconorg-2659	99	52	44	44	NUM
fueconorg-2659	99	53	)	)	PUNCT
fueconorg-2659	99	54	.	.	PUNCT
fueconorg-2659	100	1	on	on	ADP
fueconorg-2659	100	2	the	the	DET
fueconorg-2659	100	3	cost	cost	NOUN
fueconorg-2659	100	4	side	side	NOUN
fueconorg-2659	100	5	,	,	PUNCT
fueconorg-2659	100	6	there	there	PRON
fueconorg-2659	100	7	are	be	VERB
fueconorg-2659	100	8	non	non	ADJ
fueconorg-2659	100	9	-	-	ADJ
fueconorg-2659	100	10	interest	interest	ADJ
fueconorg-2659	100	11	expenses	expense	NOUN
fueconorg-2659	100	12	,	,	PUNCT
fueconorg-2659	100	13	whose	whose	DET
fueconorg-2659	100	14	most	most	ADV
fueconorg-2659	100	15	important	important	ADJ
fueconorg-2659	100	16	elements	element	NOUN
fueconorg-2659	100	17	are	be	AUX
fueconorg-2659	100	18	gross	gross	ADJ
fueconorg-2659	100	19	earnings	earning	NOUN
fueconorg-2659	100	20	,	,	PUNCT
fueconorg-2659	100	21	depreciation	depreciation	NOUN
fueconorg-2659	100	22	expenses	expense	NOUN
fueconorg-2659	100	23	,	,	PUNCT
fueconorg-2659	100	24	tangible	tangible	ADJ
fueconorg-2659	100	25	and	and	CCONJ
fueconorg-2659	100	26	intangible	intangible	ADJ
fueconorg-2659	100	27	expenses	expense	NOUN
fueconorg-2659	100	28	and	and	CCONJ
fueconorg-2659	100	29	certain	certain	ADJ
fueconorg-2659	100	30	categories	category	NOUN
fueconorg-2659	100	31	of	of	ADP
fueconorg-2659	100	32	expenditures	expenditure	NOUN
fueconorg-2659	100	33	that	that	PRON
fueconorg-2659	100	34	may	may	AUX
fueconorg-2659	100	35	arise	arise	VERB
fueconorg-2659	100	36	on	on	ADP
fueconorg-2659	100	37	the	the	DET
fueconorg-2659	100	38	basis	basis	NOUN
fueconorg-2659	100	39	of	of	ADP
fueconorg-2659	100	40	credit	credit	NOUN
fueconorg-2659	100	41	-	-	PUNCT
fueconorg-2659	100	42	deposit	deposit	NOUN
fueconorg-2659	100	43	operations	operation	NOUN
fueconorg-2659	100	44	.	.	PUNCT
fueconorg-2659	101	1	in	in	ADP
fueconorg-2659	101	2	the	the	DET
fueconorg-2659	101	3	denominator	denominator	NOUN
fueconorg-2659	101	4	,	,	PUNCT
fueconorg-2659	101	5	there	there	PRON
fueconorg-2659	101	6	are	be	VERB
fueconorg-2659	101	7	incomes	income	NOUN
fueconorg-2659	101	8	that	that	PRON
fueconorg-2659	101	9	pose	pose	VERB
fueconorg-2659	101	10	a	a	DET
fueconorg-2659	101	11	sum	sum	NOUN
fueconorg-2659	101	12	of	of	ADP
fueconorg-2659	101	13	net	net	ADJ
fueconorg-2659	101	14	interest	interest	NOUN
fueconorg-2659	101	15	income	income	NOUN
fueconorg-2659	101	16	and	and	CCONJ
fueconorg-2659	101	17	other	other	ADJ
fueconorg-2659	101	18	operating	operating	NOUN
fueconorg-2659	101	19	incomes	income	NOUN
fueconorg-2659	101	20	.	.	PUNCT
fueconorg-2659	102	1	based	base	VERB
fueconorg-2659	102	2	on	on	ADP
fueconorg-2659	102	3	the	the	DET
fueconorg-2659	102	4	cost	cost	NOUN
fueconorg-2659	102	5	-	-	PUNCT
fueconorg-2659	102	6	to	to	ADP
fueconorg-2659	102	7	-	-	PUNCT
fueconorg-2659	102	8	income	income	NOUN
fueconorg-2659	102	9	ratio	ratio	NOUN
fueconorg-2659	102	10	investors	investor	NOUN
fueconorg-2659	102	11	have	have	VERB
fueconorg-2659	102	12	a	a	DET
fueconorg-2659	102	13	clear	clear	ADJ
fueconorg-2659	102	14	picture	picture	NOUN
fueconorg-2659	102	15	of	of	ADP
fueconorg-2659	102	16	how	how	SCONJ
fueconorg-2659	102	17	efficiently	efficiently	ADV
fueconorg-2659	102	18	the	the	DET
fueconorg-2659	102	19	firm	firm	NOUN
fueconorg-2659	102	20	is	be	AUX
fueconorg-2659	102	21	being	be	AUX
fueconorg-2659	102	22	run	run	VERB
fueconorg-2659	102	23	–	–	PUNCT
fueconorg-2659	102	24	if	if	SCONJ
fueconorg-2659	102	25	it	it	PRON
fueconorg-2659	102	26	is	be	AUX
fueconorg-2659	102	27	lower	low	ADJ
fueconorg-2659	102	28	,	,	PUNCT
fueconorg-2659	102	29	the	the	DET
fueconorg-2659	102	30	bank	bank	NOUN
fueconorg-2659	102	31	will	will	AUX
fueconorg-2659	102	32	be	be	AUX
fueconorg-2659	102	33	more	more	ADV
fueconorg-2659	102	34	profitable	profitable	ADJ
fueconorg-2659	102	35	.	.	PUNCT
fueconorg-2659	103	1	also	also	ADV
fueconorg-2659	103	2	,	,	PUNCT
fueconorg-2659	103	3	changes	change	NOUN
fueconorg-2659	103	4	in	in	ADP
fueconorg-2659	103	5	the	the	DET
fueconorg-2659	103	6	ratio	ratio	NOUN
fueconorg-2659	103	7	indicate	indicate	VERB
fueconorg-2659	103	8	potential	potential	ADJ
fueconorg-2659	103	9	problems	problem	NOUN
fueconorg-2659	103	10	:	:	PUNCT
fueconorg-2659	103	11	if	if	SCONJ
fueconorg-2659	103	12	the	the	DET
fueconorg-2659	103	13	ratio	ratio	NOUN
fueconorg-2659	103	14	rises	rise	VERB
fueconorg-2659	103	15	from	from	ADP
fueconorg-2659	103	16	one	one	NUM
fueconorg-2659	103	17	period	period	NOUN
fueconorg-2659	103	18	to	to	ADP
fueconorg-2659	103	19	the	the	DET
fueconorg-2659	103	20	next	next	ADJ
fueconorg-2659	103	21	,	,	PUNCT
fueconorg-2659	103	22	it	it	PRON
fueconorg-2659	103	23	means	mean	VERB
fueconorg-2659	103	24	that	that	SCONJ
fueconorg-2659	103	25	costs	cost	NOUN
fueconorg-2659	103	26	are	be	AUX
fueconorg-2659	103	27	rising	rise	VERB
fueconorg-2659	103	28	at	at	ADP
fueconorg-2659	103	29	a	a	DET
fueconorg-2659	103	30	higher	high	ADJ
fueconorg-2659	103	31	rate	rate	NOUN
fueconorg-2659	103	32	than	than	ADP
fueconorg-2659	103	33	income	income	NOUN
fueconorg-2659	103	34	,	,	PUNCT
fueconorg-2659	103	35	which	which	PRON
fueconorg-2659	103	36	could	could	AUX
fueconorg-2659	103	37	suggest	suggest	VERB
fueconorg-2659	103	38	that	that	SCONJ
fueconorg-2659	103	39	the	the	DET
fueconorg-2659	103	40	company	company	NOUN
fueconorg-2659	103	41	is	be	AUX
fueconorg-2659	103	42	failing	fail	VERB
fueconorg-2659	103	43	to	to	PART
fueconorg-2659	103	44	remain	remain	VERB
fueconorg-2659	103	45	focused	focused	ADJ
fueconorg-2659	103	46	on	on	ADP
fueconorg-2659	103	47	attracting	attract	VERB
fueconorg-2659	103	48	more	more	ADJ
fueconorg-2659	103	49	business	business	NOUN
fueconorg-2659	103	50	.	.	PUNCT
fueconorg-2659	104	1	3	3	X
fueconorg-2659	104	2	.	.	X
fueconorg-2659	104	3	data	datum	NOUN
fueconorg-2659	104	4	and	and	CCONJ
fueconorg-2659	104	5	methodology	methodology	NOUN
fueconorg-2659	104	6	the	the	DET
fueconorg-2659	104	7	subject	subject	NOUN
fueconorg-2659	104	8	of	of	ADP
fueconorg-2659	104	9	analysis	analysis	NOUN
fueconorg-2659	104	10	in	in	ADP
fueconorg-2659	104	11	this	this	DET
fueconorg-2659	104	12	study	study	NOUN
fueconorg-2659	104	13	is	be	AUX
fueconorg-2659	104	14	to	to	PART
fueconorg-2659	104	15	determine	determine	VERB
fueconorg-2659	104	16	how	how	SCONJ
fueconorg-2659	104	17	the	the	DET
fueconorg-2659	104	18	concentration	concentration	NOUN
fueconorg-2659	104	19	in	in	ADP
fueconorg-2659	104	20	the	the	DET
fueconorg-2659	104	21	banking	banking	NOUN
fueconorg-2659	104	22	sector	sector	NOUN
fueconorg-2659	104	23	of	of	ADP
fueconorg-2659	104	24	the	the	DET
fueconorg-2659	104	25	republic	republic	NOUN
fueconorg-2659	104	26	of	of	ADP
fueconorg-2659	104	27	serbia	serbia	PROPN
fueconorg-2659	104	28	affects	affect	VERB
fueconorg-2659	104	29	the	the	DET
fueconorg-2659	104	30	efficiency	efficiency	NOUN
fueconorg-2659	104	31	of	of	ADP
fueconorg-2659	104	32	the	the	DET
fueconorg-2659	104	33	banking	banking	NOUN
fueconorg-2659	104	34	sector	sector	NOUN
fueconorg-2659	104	35	of	of	ADP
fueconorg-2659	104	36	the	the	DET
fueconorg-2659	104	37	republic	republic	NOUN
fueconorg-2659	104	38	of	of	ADP
fueconorg-2659	104	39	serbia	serbia	PROPN
fueconorg-2659	104	40	.	.	PUNCT
fueconorg-2659	105	1	the	the	DET
fueconorg-2659	105	2	starting	starting	NOUN
fueconorg-2659	105	3	hypothesis	hypothesis	NOUN
fueconorg-2659	105	4	is	be	AUX
fueconorg-2659	105	5	:	:	PUNCT
fueconorg-2659	105	6	higher	high	ADJ
fueconorg-2659	105	7	concentration	concentration	NOUN
fueconorg-2659	105	8	in	in	ADP
fueconorg-2659	105	9	the	the	DET
fueconorg-2659	105	10	banking	banking	NOUN
fueconorg-2659	105	11	sector	sector	NOUN
fueconorg-2659	105	12	of	of	ADP
fueconorg-2659	105	13	the	the	DET
fueconorg-2659	105	14	republic	republic	NOUN
fueconorg-2659	105	15	of	of	ADP
fueconorg-2659	105	16	serbia	serbia	PROPN
fueconorg-2659	105	17	contributes	contribute	VERB
fueconorg-2659	105	18	to	to	ADP
fueconorg-2659	105	19	the	the	DET
fueconorg-2659	105	20	reduction	reduction	NOUN
fueconorg-2659	105	21	of	of	ADP
fueconorg-2659	105	22	efficiency	efficiency	NOUN
fueconorg-2659	105	23	.	.	PUNCT
fueconorg-2659	106	1	in	in	ADP
fueconorg-2659	106	2	this	this	DET
fueconorg-2659	106	3	study	study	NOUN
fueconorg-2659	106	4	,	,	PUNCT
fueconorg-2659	106	5	the	the	DET
fueconorg-2659	106	6	methods	method	NOUN
fueconorg-2659	106	7	of	of	ADP
fueconorg-2659	106	8	statistical	statistical	ADJ
fueconorg-2659	106	9	analysis	analysis	NOUN
fueconorg-2659	106	10	were	be	AUX
fueconorg-2659	106	11	:	:	PUNCT
fueconorg-2659	106	12	correlation	correlation	NOUN
fueconorg-2659	106	13	and	and	CCONJ
fueconorg-2659	106	14	regression	regression	NOUN
fueconorg-2659	106	15	analysis	analysis	NOUN
fueconorg-2659	106	16	.	.	PUNCT
fueconorg-2659	107	1	using	use	VERB
fueconorg-2659	107	2	these	these	DET
fueconorg-2659	107	3	methods	method	NOUN
fueconorg-2659	107	4	it	it	PRON
fueconorg-2659	107	5	is	be	AUX
fueconorg-2659	107	6	possible	possible	ADJ
fueconorg-2659	107	7	to	to	PART
fueconorg-2659	107	8	determine	determine	VERB
fueconorg-2659	107	9	the	the	DET
fueconorg-2659	107	10	nature	nature	NOUN
fueconorg-2659	107	11	of	of	ADP
fueconorg-2659	107	12	the	the	DET
fueconorg-2659	107	13	connection	connection	NOUN
fueconorg-2659	107	14	,	,	PUNCT
fueconorg-2659	107	15	the	the	DET
fueconorg-2659	107	16	significance	significance	NOUN
fueconorg-2659	107	17	of	of	ADP
fueconorg-2659	107	18	the	the	DET
fueconorg-2659	107	19	connection	connection	NOUN
fueconorg-2659	107	20	and	and	CCONJ
fueconorg-2659	107	21	influence	influence	NOUN
fueconorg-2659	107	22	hhi	hhi	NOUN
fueconorg-2659	107	23	on	on	ADP
fueconorg-2659	107	24	c	c	PROPN
fueconorg-2659	107	25	/	/	SYM
fueconorg-2659	107	26	i	i	PRON
fueconorg-2659	107	27	ratio	ratio	NOUN
fueconorg-2659	107	28	.	.	PUNCT
fueconorg-2659	108	1	286	286	NUM
fueconorg-2659	108	2	e.	e.	PROPN
fueconorg-2659	108	3	eraković	eraković	PROPN
fueconorg-2659	108	4	for	for	ADP
fueconorg-2659	108	5	the	the	DET
fueconorg-2659	108	6	purposes	purpose	NOUN
fueconorg-2659	108	7	of	of	ADP
fueconorg-2659	108	8	methodological	methodological	ADJ
fueconorg-2659	108	9	explanations	explanation	NOUN
fueconorg-2659	108	10	and	and	CCONJ
fueconorg-2659	108	11	analysis	analysis	NOUN
fueconorg-2659	108	12	,	,	PUNCT
fueconorg-2659	108	13	the	the	DET
fueconorg-2659	108	14	data	datum	NOUN
fueconorg-2659	108	15	from	from	ADP
fueconorg-2659	108	16	the	the	DET
fueconorg-2659	108	17	balance	balance	NOUN
fueconorg-2659	108	18	sheet	sheet	NOUN
fueconorg-2659	108	19	and	and	CCONJ
fueconorg-2659	108	20	income	income	NOUN
fueconorg-2659	108	21	statement	statement	NOUN
fueconorg-2659	108	22	which	which	PRON
fueconorg-2659	108	23	commercial	commercial	ADJ
fueconorg-2659	108	24	banks	bank	NOUN
fueconorg-2659	108	25	deliver	deliver	VERB
fueconorg-2659	108	26	to	to	ADP
fueconorg-2659	108	27	the	the	DET
fueconorg-2659	108	28	national	national	PROPN
fueconorg-2659	108	29	bank	bank	PROPN
fueconorg-2659	108	30	of	of	ADP
fueconorg-2659	108	31	serbia	serbia	PROPN
fueconorg-2659	108	32	have	have	AUX
fueconorg-2659	108	33	been	be	AUX
fueconorg-2659	108	34	used	use	VERB
fueconorg-2659	108	35	,	,	PUNCT
fueconorg-2659	108	36	for	for	ADP
fueconorg-2659	108	37	the	the	DET
fueconorg-2659	108	38	period	period	NOUN
fueconorg-2659	108	39	from	from	ADP
fueconorg-2659	108	40	2008	2008	NUM
fueconorg-2659	108	41	to	to	ADP
fueconorg-2659	108	42	2015	2015	NUM
fueconorg-2659	108	43	.	.	PUNCT
fueconorg-2659	109	1	3.1	3.1	NUM
fueconorg-2659	109	2	.	.	PUNCT
fueconorg-2659	110	1	the	the	DET
fueconorg-2659	110	2	results	result	NOUN
fueconorg-2659	110	3	of	of	ADP
fueconorg-2659	110	4	research	research	NOUN
fueconorg-2659	110	5	and	and	CCONJ
fueconorg-2659	110	6	discussion	discussion	NOUN
fueconorg-2659	110	7	in	in	ADP
fueconorg-2659	110	8	the	the	DET
fueconorg-2659	110	9	time	time	NOUN
fueconorg-2659	110	10	period	period	NOUN
fueconorg-2659	110	11	from	from	ADP
fueconorg-2659	110	12	2008	2008	NUM
fueconorg-2659	110	13	to	to	ADP
fueconorg-2659	110	14	2015	2015	NUM
fueconorg-2659	110	15	there	there	PRON
fueconorg-2659	110	16	was	be	VERB
fueconorg-2659	110	17	a	a	DET
fueconorg-2659	110	18	decrease	decrease	NOUN
fueconorg-2659	110	19	in	in	ADP
fueconorg-2659	110	20	the	the	DET
fueconorg-2659	110	21	number	number	NOUN
fueconorg-2659	110	22	of	of	ADP
fueconorg-2659	110	23	banks	bank	NOUN
fueconorg-2659	110	24	.	.	PUNCT
fueconorg-2659	111	1	at	at	ADP
fueconorg-2659	111	2	the	the	DET
fueconorg-2659	111	3	end	end	NOUN
fueconorg-2659	111	4	of	of	ADP
fueconorg-2659	111	5	2008	2008	NUM
fueconorg-2659	111	6	,	,	PUNCT
fueconorg-2659	111	7	in	in	ADP
fueconorg-2659	111	8	the	the	DET
fueconorg-2659	111	9	republic	republic	NOUN
fueconorg-2659	111	10	of	of	ADP
fueconorg-2659	111	11	serbia	serbia	PROPN
fueconorg-2659	111	12	,	,	PUNCT
fueconorg-2659	111	13	thirty	thirty	NUM
fueconorg-2659	111	14	-	-	PUNCT
fueconorg-2659	111	15	four	four	NUM
fueconorg-2659	111	16	commercial	commercial	ADJ
fueconorg-2659	111	17	banks	bank	NOUN
fueconorg-2659	111	18	were	be	AUX
fueconorg-2659	111	19	operating	operate	VERB
fueconorg-2659	111	20	,	,	PUNCT
fueconorg-2659	111	21	six	six	NUM
fueconorg-2659	111	22	of	of	ADP
fueconorg-2659	111	23	which	which	PRON
fueconorg-2659	111	24	were	be	AUX
fueconorg-2659	111	25	large	large	ADJ
fueconorg-2659	111	26	,	,	PUNCT
fueconorg-2659	111	27	seventeen	seventeen	NUM
fueconorg-2659	111	28	medium	medium	ADJ
fueconorg-2659	111	29	and	and	CCONJ
fueconorg-2659	111	30	eleven	eleven	NUM
fueconorg-2659	111	31	small	small	ADJ
fueconorg-2659	111	32	ones	one	NOUN
fueconorg-2659	111	33	2	2	NUM
fueconorg-2659	111	34	.	.	PUNCT
fueconorg-2659	112	1	the	the	DET
fueconorg-2659	112	2	group	group	NOUN
fueconorg-2659	112	3	of	of	ADP
fueconorg-2659	112	4	large	large	ADJ
fueconorg-2659	112	5	banks	bank	NOUN
fueconorg-2659	112	6	,	,	PUNCT
fueconorg-2659	112	7	in	in	ADP
fueconorg-2659	112	8	that	that	DET
fueconorg-2659	112	9	year	year	NOUN
fueconorg-2659	112	10	,	,	PUNCT
fueconorg-2659	112	11	had	have	VERB
fueconorg-2659	112	12	51.22	51.22	NUM
fueconorg-2659	112	13	%	%	NOUN
fueconorg-2659	112	14	of	of	ADP
fueconorg-2659	112	15	the	the	DET
fueconorg-2659	112	16	total	total	ADJ
fueconorg-2659	112	17	assets	asset	NOUN
fueconorg-2659	112	18	of	of	ADP
fueconorg-2659	112	19	all	all	DET
fueconorg-2659	112	20	commercial	commercial	ADJ
fueconorg-2659	112	21	banks	bank	NOUN
fueconorg-2659	112	22	.	.	PUNCT
fueconorg-2659	113	1	also	also	ADV
fueconorg-2659	113	2	,	,	PUNCT
fueconorg-2659	113	3	in	in	ADP
fueconorg-2659	113	4	that	that	DET
fueconorg-2659	113	5	year	year	NOUN
fueconorg-2659	113	6	,	,	PUNCT
fueconorg-2659	113	7	there	there	PRON
fueconorg-2659	113	8	were	be	VERB
fueconorg-2659	113	9	fourteen	fourteen	NUM
fueconorg-2659	113	10	banks	bank	NOUN
fueconorg-2659	113	11	in	in	ADP
fueconorg-2659	113	12	majority	majority	NOUN
fueconorg-2659	113	13	domestic	domestic	ADJ
fueconorg-2659	113	14	ownership	ownership	NOUN
fueconorg-2659	113	15	(	(	PUNCT
fueconorg-2659	113	16	eight	eight	NUM
fueconorg-2659	113	17	banks	bank	NOUN
fueconorg-2659	113	18	in	in	ADP
fueconorg-2659	113	19	majority	majority	NOUN
fueconorg-2659	113	20	state	state	NOUN
fueconorg-2659	113	21	,	,	PUNCT
fueconorg-2659	113	22	six	six	NUM
fueconorg-2659	113	23	of	of	ADP
fueconorg-2659	113	24	them	they	PRON
fueconorg-2659	113	25	in	in	ADP
fueconorg-2659	113	26	majority	majority	NOUN
fueconorg-2659	113	27	privately	privately	ADV
fueconorg-2659	113	28	owned	own	VERB
fueconorg-2659	113	29	)	)	PUNCT
fueconorg-2659	113	30	,	,	PUNCT
fueconorg-2659	113	31	while	while	SCONJ
fueconorg-2659	113	32	twenty	twenty	NUM
fueconorg-2659	113	33	banks	bank	NOUN
fueconorg-2659	113	34	were	be	AUX
fueconorg-2659	113	35	with	with	ADP
fueconorg-2659	113	36	majority	majority	NOUN
fueconorg-2659	113	37	foreign	foreign	ADJ
fueconorg-2659	113	38	ownership	ownership	NOUN
fueconorg-2659	113	39	.	.	PUNCT
fueconorg-2659	114	1	at	at	ADP
fueconorg-2659	114	2	the	the	DET
fueconorg-2659	114	3	end	end	NOUN
fueconorg-2659	114	4	of	of	ADP
fueconorg-2659	114	5	the	the	DET
fueconorg-2659	114	6	observed	observe	VERB
fueconorg-2659	114	7	time	time	NOUN
fueconorg-2659	114	8	period	period	NOUN
fueconorg-2659	114	9	,	,	PUNCT
fueconorg-2659	114	10	or	or	CCONJ
fueconorg-2659	114	11	at	at	ADP
fueconorg-2659	114	12	the	the	DET
fueconorg-2659	114	13	end	end	NOUN
fueconorg-2659	114	14	of	of	ADP
fueconorg-2659	114	15	2015	2015	NUM
fueconorg-2659	114	16	,	,	PUNCT
fueconorg-2659	114	17	in	in	ADP
fueconorg-2659	114	18	the	the	DET
fueconorg-2659	114	19	republic	republic	NOUN
fueconorg-2659	114	20	of	of	ADP
fueconorg-2659	114	21	serbia	serbia	PROPN
fueconorg-2659	114	22	,	,	PUNCT
fueconorg-2659	114	23	thirty	thirty	NUM
fueconorg-2659	114	24	commercial	commercial	ADJ
fueconorg-2659	114	25	banks	bank	NOUN
fueconorg-2659	114	26	operated	operate	VERB
fueconorg-2659	114	27	,	,	PUNCT
fueconorg-2659	114	28	representing	represent	VERB
fueconorg-2659	114	29	a	a	DET
fueconorg-2659	114	30	decrease	decrease	NOUN
fueconorg-2659	114	31	of	of	ADP
fueconorg-2659	114	32	12	12	NUM
fueconorg-2659	114	33	%	%	NOUN
fueconorg-2659	114	34	compared	compare	VERB
fueconorg-2659	114	35	to	to	ADP
fueconorg-2659	114	36	the	the	DET
fueconorg-2659	114	37	initial	initial	ADJ
fueconorg-2659	114	38	year	year	NOUN
fueconorg-2659	114	39	.	.	PUNCT
fueconorg-2659	115	1	the	the	DET
fueconorg-2659	115	2	structure	structure	NOUN
fueconorg-2659	115	3	of	of	ADP
fueconorg-2659	115	4	commercial	commercial	ADJ
fueconorg-2659	115	5	banks	bank	NOUN
fueconorg-2659	115	6	consisted	consist	VERB
fueconorg-2659	115	7	of	of	ADP
fueconorg-2659	115	8	six	six	NUM
fueconorg-2659	115	9	large	large	ADJ
fueconorg-2659	115	10	banks	bank	NOUN
fueconorg-2659	115	11	with	with	ADP
fueconorg-2659	115	12	a	a	DET
fueconorg-2659	115	13	share	share	NOUN
fueconorg-2659	115	14	of	of	ADP
fueconorg-2659	115	15	60.10	60.10	NUM
fueconorg-2659	115	16	%	%	NOUN
fueconorg-2659	115	17	of	of	ADP
fueconorg-2659	115	18	the	the	DET
fueconorg-2659	115	19	total	total	ADJ
fueconorg-2659	115	20	assets	asset	NOUN
fueconorg-2659	115	21	of	of	ADP
fueconorg-2659	115	22	all	all	DET
fueconorg-2659	115	23	commercial	commercial	ADJ
fueconorg-2659	115	24	banks	bank	NOUN
fueconorg-2659	115	25	,	,	PUNCT
fueconorg-2659	115	26	twelve	twelve	NUM
fueconorg-2659	115	27	medium	medium	ADJ
fueconorg-2659	115	28	and	and	CCONJ
fueconorg-2659	115	29	twelve	twelve	NUM
fueconorg-2659	115	30	small	small	ADJ
fueconorg-2659	115	31	banks	bank	NOUN
fueconorg-2659	115	32	.	.	PUNCT
fueconorg-2659	116	1	of	of	ADP
fueconorg-2659	116	2	the	the	DET
fueconorg-2659	116	3	total	total	ADJ
fueconorg-2659	116	4	number	number	NOUN
fueconorg-2659	116	5	of	of	ADP
fueconorg-2659	116	6	banks	bank	NOUN
fueconorg-2659	116	7	,	,	PUNCT
fueconorg-2659	116	8	seven	seven	NUM
fueconorg-2659	116	9	banks	bank	NOUN
fueconorg-2659	116	10	were	be	AUX
fueconorg-2659	116	11	in	in	ADP
fueconorg-2659	116	12	majority	majority	NOUN
fueconorg-2659	116	13	domestic	domestic	ADJ
fueconorg-2659	116	14	ownership	ownership	NOUN
fueconorg-2659	116	15	(	(	PUNCT
fueconorg-2659	116	16	six	six	NUM
fueconorg-2659	116	17	of	of	ADP
fueconorg-2659	116	18	which	which	PRON
fueconorg-2659	116	19	were	be	AUX
fueconorg-2659	116	20	majority	majority	NOUN
fueconorg-2659	116	21	stateowned	stateowne	VERB
fueconorg-2659	116	22	and	and	CCONJ
fueconorg-2659	116	23	majority	majority	NOUN
fueconorg-2659	116	24	privately	privately	ADV
fueconorg-2659	116	25	owned	own	VERB
fueconorg-2659	116	26	)	)	PUNCT
fueconorg-2659	116	27	,	,	PUNCT
fueconorg-2659	116	28	and	and	CCONJ
fueconorg-2659	116	29	twenty	twenty	NUM
fueconorg-2659	116	30	-	-	PUNCT
fueconorg-2659	116	31	three	three	NUM
fueconorg-2659	116	32	banks	bank	NOUN
fueconorg-2659	116	33	with	with	ADP
fueconorg-2659	116	34	majority	majority	NOUN
fueconorg-2659	116	35	foreign	foreign	ADJ
fueconorg-2659	116	36	ownership	ownership	NOUN
fueconorg-2659	116	37	.	.	PUNCT
fueconorg-2659	117	1	in	in	ADP
fueconorg-2659	117	2	the	the	DET
fueconorg-2659	117	3	observed	observed	ADJ
fueconorg-2659	117	4	period	period	NOUN
fueconorg-2659	117	5	,	,	PUNCT
fueconorg-2659	117	6	there	there	PRON
fueconorg-2659	117	7	is	be	VERB
fueconorg-2659	117	8	a	a	DET
fueconorg-2659	117	9	continuous	continuous	ADJ
fueconorg-2659	117	10	increase	increase	NOUN
fueconorg-2659	117	11	in	in	ADP
fueconorg-2659	117	12	total	total	ADJ
fueconorg-2659	117	13	assets	asset	NOUN
fueconorg-2659	117	14	of	of	ADP
fueconorg-2659	117	15	commercial	commercial	ADJ
fueconorg-2659	117	16	banks	bank	NOUN
fueconorg-2659	117	17	.	.	PUNCT
fueconorg-2659	118	1	a	a	DET
fueconorg-2659	118	2	decrease	decrease	NOUN
fueconorg-2659	118	3	is	be	AUX
fueconorg-2659	118	4	only	only	ADV
fueconorg-2659	118	5	present	present	ADJ
fueconorg-2659	118	6	in	in	ADP
fueconorg-2659	118	7	2013	2013	NUM
fueconorg-2659	118	8	,	,	PUNCT
fueconorg-2659	118	9	which	which	PRON
fueconorg-2659	118	10	is	be	AUX
fueconorg-2659	118	11	a	a	DET
fueconorg-2659	118	12	consequence	consequence	NOUN
fueconorg-2659	118	13	of	of	ADP
fueconorg-2659	118	14	decreasing	decrease	VERB
fueconorg-2659	118	15	the	the	DET
fueconorg-2659	118	16	biggest	big	ADJ
fueconorg-2659	118	17	key	key	ADJ
fueconorg-2659	118	18	categories	category	NOUN
fueconorg-2659	118	19	of	of	ADP
fueconorg-2659	118	20	assets	asset	NOUN
fueconorg-2659	118	21	,	,	PUNCT
fueconorg-2659	118	22	with	with	ADP
fueconorg-2659	118	23	the	the	DET
fueconorg-2659	118	24	most	most	ADV
fueconorg-2659	118	25	prominent	prominent	ADJ
fueconorg-2659	118	26	decrease	decrease	NOUN
fueconorg-2659	118	27	in	in	ADP
fueconorg-2659	118	28	loans	loan	NOUN
fueconorg-2659	118	29	and	and	CCONJ
fueconorg-2659	118	30	advances	advance	NOUN
fueconorg-2659	118	31	.	.	PUNCT
fueconorg-2659	119	1	in	in	ADP
fueconorg-2659	119	2	terms	term	NOUN
fueconorg-2659	119	3	of	of	ADP
fueconorg-2659	119	4	ownership	ownership	NOUN
fueconorg-2659	119	5	structure	structure	NOUN
fueconorg-2659	119	6	of	of	ADP
fueconorg-2659	119	7	banks	bank	NOUN
fueconorg-2659	119	8	in	in	ADP
fueconorg-2659	119	9	the	the	DET
fueconorg-2659	119	10	republic	republic	NOUN
fueconorg-2659	119	11	of	of	ADP
fueconorg-2659	119	12	serbia	serbia	PROPN
fueconorg-2659	119	13	,	,	PUNCT
fueconorg-2659	119	14	foreign	foreign	NOUN
fueconorg-2659	119	15	-	-	PUNCT
fueconorg-2659	119	16	owned	own	VERB
fueconorg-2659	119	17	banks	bank	NOUN
fueconorg-2659	119	18	dominate	dominate	VERB
fueconorg-2659	119	19	,	,	PUNCT
fueconorg-2659	119	20	whose	whose	DET
fueconorg-2659	119	21	shares	share	NOUN
fueconorg-2659	119	22	in	in	ADP
fueconorg-2659	119	23	total	total	ADJ
fueconorg-2659	119	24	assets	asset	NOUN
fueconorg-2659	119	25	are	be	AUX
fueconorg-2659	119	26	around	around	ADV
fueconorg-2659	119	27	75	75	NUM
fueconorg-2659	119	28	%	%	NOUN
fueconorg-2659	119	29	during	during	ADP
fueconorg-2659	119	30	each	each	DET
fueconorg-2659	119	31	year	year	NOUN
fueconorg-2659	119	32	of	of	ADP
fueconorg-2659	119	33	the	the	DET
fueconorg-2659	119	34	period	period	NOUN
fueconorg-2659	119	35	under	under	ADP
fueconorg-2659	119	36	consideration	consideration	NOUN
fueconorg-2659	119	37	.	.	PUNCT
fueconorg-2659	120	1	the	the	DET
fueconorg-2659	120	2	results	result	NOUN
fueconorg-2659	120	3	of	of	ADP
fueconorg-2659	120	4	the	the	DET
fueconorg-2659	120	5	research	research	NOUN
fueconorg-2659	120	6	on	on	ADP
fueconorg-2659	120	7	the	the	DET
fueconorg-2659	120	8	concentration	concentration	NOUN
fueconorg-2659	120	9	,	,	PUNCT
fueconorg-2659	120	10	according	accord	VERB
fueconorg-2659	120	11	to	to	ADP
fueconorg-2659	120	12	the	the	DET
fueconorg-2659	120	13	herfindahl	herfindahl	NOUN
fueconorg-2659	120	14	-	-	PUNCT
fueconorg-2659	120	15	hirschman	hirschman	NOUN
fueconorg-2659	120	16	index	index	NOUN
fueconorg-2659	120	17	,	,	PUNCT
fueconorg-2659	120	18	show	show	VERB
fueconorg-2659	120	19	that	that	SCONJ
fueconorg-2659	120	20	the	the	DET
fueconorg-2659	120	21	banking	banking	NOUN
fueconorg-2659	120	22	market	market	NOUN
fueconorg-2659	120	23	of	of	ADP
fueconorg-2659	120	24	the	the	DET
fueconorg-2659	120	25	republic	republic	NOUN
fueconorg-2659	120	26	of	of	ADP
fueconorg-2659	120	27	serbia	serbia	PROPN
fueconorg-2659	120	28	is	be	AUX
fueconorg-2659	120	29	one	one	NUM
fueconorg-2659	120	30	of	of	ADP
fueconorg-2659	120	31	the	the	DET
fueconorg-2659	120	32	fragmented	fragmented	ADJ
fueconorg-2659	120	33	markets	market	NOUN
fueconorg-2659	120	34	with	with	ADP
fueconorg-2659	120	35	a	a	DET
fueconorg-2659	120	36	large	large	ADJ
fueconorg-2659	120	37	number	number	NOUN
fueconorg-2659	120	38	of	of	ADP
fueconorg-2659	120	39	small	small	ADJ
fueconorg-2659	120	40	uncompetitive	uncompetitive	ADJ
fueconorg-2659	120	41	banks	bank	NOUN
fueconorg-2659	120	42	.	.	PUNCT
fueconorg-2659	121	1	chart	chart	NOUN
fueconorg-2659	121	2	1	1	NUM
fueconorg-2659	121	3	movement	movement	NOUN
fueconorg-2659	121	4	of	of	ADP
fueconorg-2659	121	5	hhi	hhi	NOUN
fueconorg-2659	121	6	values	value	NOUN
fueconorg-2659	121	7	in	in	ADP
fueconorg-2659	121	8	the	the	DET
fueconorg-2659	121	9	period	period	NOUN
fueconorg-2659	121	10	from	from	ADP
fueconorg-2659	121	11	2008	2008	NUM
fueconorg-2659	121	12	to	to	ADP
fueconorg-2659	121	13	2015	2015	NUM
fueconorg-2659	121	14	.	.	PUNCT
fueconorg-2659	122	1	source	source	NOUN
fueconorg-2659	122	2	:	:	PUNCT
fueconorg-2659	122	3	author	author	PROPN
fueconorg-2659	122	4	's	's	PART
fueconorg-2659	122	5	calculations	calculation	NOUN
fueconorg-2659	122	6	based	base	VERB
fueconorg-2659	122	7	on	on	ADP
fueconorg-2659	122	8	data	datum	NOUN
fueconorg-2659	122	9	from	from	ADP
fueconorg-2659	122	10	commercial	commercial	ADJ
fueconorg-2659	122	11	banks	bank	NOUN
fueconorg-2659	122	12	financial	financial	ADJ
fueconorg-2659	122	13	reports	report	NOUN
fueconorg-2659	122	14	of	of	ADP
fueconorg-2659	122	15	the	the	DET
fueconorg-2659	122	16	republic	republic	NOUN
fueconorg-2659	122	17	of	of	ADP
fueconorg-2659	122	18	serbia	serbia	PROPN
fueconorg-2659	122	19	2	2	NUM
fueconorg-2659	122	20	small	small	ADJ
fueconorg-2659	122	21	banks	bank	NOUN
fueconorg-2659	122	22	have	have	VERB
fueconorg-2659	122	23	assets	asset	NOUN
fueconorg-2659	122	24	of	of	ADP
fueconorg-2659	122	25	less	less	ADJ
fueconorg-2659	122	26	than	than	ADP
fueconorg-2659	122	27	1	1	NUM
fueconorg-2659	122	28	%	%	NOUN
fueconorg-2659	122	29	of	of	ADP
fueconorg-2659	122	30	total	total	ADJ
fueconorg-2659	122	31	assets	asset	NOUN
fueconorg-2659	122	32	of	of	ADP
fueconorg-2659	122	33	all	all	DET
fueconorg-2659	122	34	banks	bank	NOUN
fueconorg-2659	122	35	,	,	PUNCT
fueconorg-2659	122	36	medium	medium	ADJ
fueconorg-2659	122	37	-	-	PUNCT
fueconorg-2659	122	38	sized	sized	ADJ
fueconorg-2659	122	39	banks	bank	NOUN
fueconorg-2659	122	40	have	have	VERB
fueconorg-2659	122	41	assets	asset	NOUN
fueconorg-2659	122	42	of	of	ADP
fueconorg-2659	122	43	more	more	ADJ
fueconorg-2659	122	44	than	than	ADP
fueconorg-2659	122	45	1	1	NUM
fueconorg-2659	122	46	%	%	NOUN
fueconorg-2659	122	47	but	but	CCONJ
fueconorg-2659	122	48	less	less	ADJ
fueconorg-2659	122	49	than	than	ADP
fueconorg-2659	122	50	5	5	NUM
fueconorg-2659	122	51	%	%	NOUN
fueconorg-2659	122	52	of	of	ADP
fueconorg-2659	122	53	the	the	DET
fueconorg-2659	122	54	total	total	ADJ
fueconorg-2659	122	55	assets	asset	NOUN
fueconorg-2659	122	56	of	of	ADP
fueconorg-2659	122	57	all	all	DET
fueconorg-2659	122	58	banks	bank	NOUN
fueconorg-2659	122	59	,	,	PUNCT
fueconorg-2659	122	60	while	while	SCONJ
fueconorg-2659	122	61	large	large	ADJ
fueconorg-2659	122	62	banks	bank	NOUN
fueconorg-2659	122	63	are	be	AUX
fueconorg-2659	122	64	banks	bank	NOUN
fueconorg-2659	122	65	with	with	ADP
fueconorg-2659	122	66	assets	asset	NOUN
fueconorg-2659	122	67	exceeding	exceed	VERB
fueconorg-2659	122	68	5	5	NUM
fueconorg-2659	122	69	%	%	NOUN
fueconorg-2659	122	70	of	of	ADP
fueconorg-2659	122	71	the	the	DET
fueconorg-2659	122	72	total	total	ADJ
fueconorg-2659	122	73	assets	asset	NOUN
fueconorg-2659	122	74	of	of	ADP
fueconorg-2659	122	75	all	all	DET
fueconorg-2659	122	76	banks	bank	NOUN
fueconorg-2659	122	77	.	.	PUNCT
fueconorg-2659	123	1	concentration	concentration	NOUN
fueconorg-2659	123	2	effect	effect	NOUN
fueconorg-2659	123	3	on	on	ADP
fueconorg-2659	123	4	the	the	DET
fueconorg-2659	123	5	efficiency	efficiency	NOUN
fueconorg-2659	123	6	of	of	ADP
fueconorg-2659	123	7	banking	banking	NOUN
fueconorg-2659	123	8	sector	sector	NOUN
fueconorg-2659	123	9	in	in	ADP
fueconorg-2659	123	10	the	the	DET
fueconorg-2659	123	11	republic	republic	NOUN
fueconorg-2659	123	12	of	of	ADP
fueconorg-2659	123	13	serbia	serbia	PROPN
fueconorg-2659	123	14	287	287	NUM
fueconorg-2659	123	15	based	base	VERB
fueconorg-2659	123	16	on	on	ADP
fueconorg-2659	123	17	chart	chart	NOUN
fueconorg-2659	123	18	1	1	NUM
fueconorg-2659	123	19	,	,	PUNCT
fueconorg-2659	123	20	it	it	PRON
fueconorg-2659	123	21	can	can	AUX
fueconorg-2659	123	22	be	be	AUX
fueconorg-2659	123	23	seen	see	VERB
fueconorg-2659	123	24	that	that	SCONJ
fueconorg-2659	123	25	the	the	DET
fueconorg-2659	123	26	herfindahl	herfindahl	NOUN
fueconorg-2659	123	27	-	-	PUNCT
fueconorg-2659	123	28	hirschman	hirschman	NOUN
fueconorg-2659	123	29	index	index	NOUN
fueconorg-2659	123	30	has	have	VERB
fueconorg-2659	123	31	a	a	DET
fueconorg-2659	123	32	maximum	maximum	ADJ
fueconorg-2659	123	33	value	value	NOUN
fueconorg-2659	123	34	for	for	ADP
fueconorg-2659	123	35	capital	capital	NOUN
fueconorg-2659	123	36	.	.	PUNCT
fueconorg-2659	124	1	due	due	ADP
fueconorg-2659	124	2	to	to	ADP
fueconorg-2659	124	3	the	the	DET
fueconorg-2659	124	4	growth	growth	NOUN
fueconorg-2659	124	5	of	of	ADP
fueconorg-2659	124	6	large	large	ADJ
fueconorg-2659	124	7	banks	bank	NOUN
fueconorg-2659	124	8	,	,	PUNCT
fueconorg-2659	124	9	there	there	PRON
fueconorg-2659	124	10	has	have	AUX
fueconorg-2659	124	11	been	be	AUX
fueconorg-2659	124	12	an	an	DET
fueconorg-2659	124	13	increase	increase	NOUN
fueconorg-2659	124	14	in	in	ADP
fueconorg-2659	124	15	the	the	DET
fueconorg-2659	124	16	value	value	NOUN
fueconorg-2659	124	17	of	of	ADP
fueconorg-2659	124	18	the	the	DET
fueconorg-2659	124	19	index	index	NOUN
fueconorg-2659	124	20	.	.	PUNCT
fueconorg-2659	125	1	the	the	DET
fueconorg-2659	125	2	index	index	NOUN
fueconorg-2659	125	3	value	value	NOUN
fueconorg-2659	125	4	of	of	ADP
fueconorg-2659	125	5	the	the	DET
fueconorg-2659	125	6	total	total	ADJ
fueconorg-2659	125	7	assets	asset	NOUN
fueconorg-2659	125	8	of	of	ADP
fueconorg-2659	125	9	all	all	DET
fueconorg-2659	125	10	banks	bank	NOUN
fueconorg-2659	125	11	rose	rise	VERB
fueconorg-2659	125	12	from	from	ADP
fueconorg-2659	125	13	629.58	629.58	NUM
fueconorg-2659	125	14	at	at	ADP
fueconorg-2659	125	15	the	the	DET
fueconorg-2659	125	16	end	end	NOUN
fueconorg-2659	125	17	of	of	ADP
fueconorg-2659	125	18	2008	2008	NUM
fueconorg-2659	125	19	to	to	ADP
fueconorg-2659	125	20	796.38	796.38	NUM
fueconorg-2659	125	21	at	at	ADP
fueconorg-2659	125	22	the	the	DET
fueconorg-2659	125	23	end	end	NOUN
fueconorg-2659	125	24	of	of	ADP
fueconorg-2659	125	25	2015	2015	NUM
fueconorg-2659	125	26	.	.	PUNCT
fueconorg-2659	126	1	measured	measure	VERB
fueconorg-2659	126	2	by	by	ADP
fueconorg-2659	126	3	the	the	DET
fueconorg-2659	126	4	index	index	NOUN
fueconorg-2659	126	5	,	,	PUNCT
fueconorg-2659	126	6	the	the	DET
fueconorg-2659	126	7	higher	high	ADJ
fueconorg-2659	126	8	level	level	NOUN
fueconorg-2659	126	9	of	of	ADP
fueconorg-2659	126	10	concentration	concentration	NOUN
fueconorg-2659	126	11	is	be	AUX
fueconorg-2659	126	12	present	present	ADJ
fueconorg-2659	126	13	in	in	ADP
fueconorg-2659	126	14	all	all	DET
fueconorg-2659	126	15	variables	variable	NOUN
fueconorg-2659	126	16	.	.	PUNCT
fueconorg-2659	127	1	also	also	ADV
fueconorg-2659	127	2	,	,	PUNCT
fueconorg-2659	127	3	the	the	DET
fueconorg-2659	127	4	highest	high	ADJ
fueconorg-2659	127	5	concentration	concentration	NOUN
fueconorg-2659	127	6	level	level	NOUN
fueconorg-2659	127	7	was	be	AUX
fueconorg-2659	127	8	recorded	record	VERB
fueconorg-2659	127	9	in	in	ADP
fueconorg-2659	127	10	the	the	DET
fueconorg-2659	127	11	capital	capital	NOUN
fueconorg-2659	127	12	in	in	ADP
fueconorg-2659	127	13	2015	2015	NUM
fueconorg-2659	127	14	and	and	CCONJ
fueconorg-2659	127	15	amounted	amount	VERB
fueconorg-2659	127	16	to	to	ADP
fueconorg-2659	127	17	855.34	855.34	NUM
fueconorg-2659	127	18	.	.	PUNCT
fueconorg-2659	128	1	for	for	ADP
fueconorg-2659	128	2	the	the	DET
fueconorg-2659	128	3	observed	observed	ADJ
fueconorg-2659	128	4	period	period	NOUN
fueconorg-2659	128	5	,	,	PUNCT
fueconorg-2659	128	6	it	it	PRON
fueconorg-2659	128	7	can	can	AUX
fueconorg-2659	128	8	be	be	AUX
fueconorg-2659	128	9	concluded	conclude	VERB
fueconorg-2659	128	10	,	,	PUNCT
fueconorg-2659	128	11	that	that	SCONJ
fueconorg-2659	128	12	the	the	DET
fueconorg-2659	128	13	banking	banking	NOUN
fueconorg-2659	128	14	sector	sector	NOUN
fueconorg-2659	128	15	,	,	PUNCT
fueconorg-2659	128	16	from	from	ADP
fueconorg-2659	128	17	year	year	NOUN
fueconorg-2659	128	18	to	to	ADP
fueconorg-2659	128	19	year	year	NOUN
fueconorg-2659	128	20	,	,	PUNCT
fueconorg-2659	128	21	is	be	AUX
fueconorg-2659	128	22	characterized	characterize	VERB
fueconorg-2659	128	23	by	by	ADP
fueconorg-2659	128	24	a	a	DET
fueconorg-2659	128	25	higher	high	ADJ
fueconorg-2659	128	26	level	level	NOUN
fueconorg-2659	128	27	of	of	ADP
fueconorg-2659	128	28	concentration	concentration	NOUN
fueconorg-2659	128	29	.	.	PUNCT
fueconorg-2659	129	1	in	in	ADP
fueconorg-2659	129	2	the	the	DET
fueconorg-2659	129	3	analyzed	analyze	VERB
fueconorg-2659	129	4	period	period	NOUN
fueconorg-2659	129	5	,	,	PUNCT
fueconorg-2659	129	6	increasing	increase	VERB
fueconorg-2659	129	7	revenues	revenue	NOUN
fueconorg-2659	129	8	and	and	CCONJ
fueconorg-2659	129	9	reducing	reduce	VERB
fueconorg-2659	129	10	costs	cost	NOUN
fueconorg-2659	129	11	can	can	AUX
fueconorg-2659	129	12	be	be	AUX
fueconorg-2659	129	13	seen	see	VERB
fueconorg-2659	129	14	,	,	PUNCT
fueconorg-2659	129	15	which	which	PRON
fueconorg-2659	129	16	had	have	VERB
fueconorg-2659	129	17	a	a	DET
fueconorg-2659	129	18	positive	positive	ADJ
fueconorg-2659	129	19	impact	impact	NOUN
fueconorg-2659	129	20	on	on	ADP
fueconorg-2659	129	21	the	the	DET
fueconorg-2659	129	22	bank	bank	NOUN
fueconorg-2659	129	23	efficiency	efficiency	NOUN
fueconorg-2659	129	24	measured	measure	VERB
fueconorg-2659	129	25	by	by	ADP
fueconorg-2659	129	26	the	the	DET
fueconorg-2659	129	27	cost	cost	NOUN
fueconorg-2659	129	28	to	to	PART
fueconorg-2659	129	29	income	income	NOUN
fueconorg-2659	129	30	ratio	ratio	NOUN
fueconorg-2659	129	31	.	.	PUNCT
fueconorg-2659	130	1	the	the	DET
fueconorg-2659	130	2	banking	banking	NOUN
fueconorg-2659	130	3	sector	sector	NOUN
fueconorg-2659	130	4	was	be	AUX
fueconorg-2659	130	5	the	the	DET
fueconorg-2659	130	6	least	least	ADJ
fueconorg-2659	130	7	effective	effective	ADJ
fueconorg-2659	130	8	in	in	ADP
fueconorg-2659	130	9	2010	2010	NUM
fueconorg-2659	130	10	and	and	CCONJ
fueconorg-2659	130	11	2012	2012	NUM
fueconorg-2659	130	12	,	,	PUNCT
fueconorg-2659	130	13	which	which	PRON
fueconorg-2659	130	14	resulted	result	VERB
fueconorg-2659	130	15	in	in	ADP
fueconorg-2659	130	16	a	a	DET
fueconorg-2659	130	17	considerable	considerable	ADJ
fueconorg-2659	130	18	increase	increase	NOUN
fueconorg-2659	130	19	in	in	ADP
fueconorg-2659	130	20	costs	cost	NOUN
fueconorg-2659	130	21	.	.	PUNCT
fueconorg-2659	131	1	by	by	ADP
fueconorg-2659	131	2	statistical	statistical	ADJ
fueconorg-2659	131	3	analysis	analysis	NOUN
fueconorg-2659	131	4	,	,	PUNCT
fueconorg-2659	131	5	correlation	correlation	NOUN
fueconorg-2659	131	6	,	,	PUNCT
fueconorg-2659	131	7	the	the	DET
fueconorg-2659	131	8	relationship	relationship	NOUN
fueconorg-2659	131	9	was	be	AUX
fueconorg-2659	131	10	examined	examine	VERB
fueconorg-2659	131	11	between	between	ADP
fueconorg-2659	131	12	the	the	DET
fueconorg-2659	131	13	value	value	NOUN
fueconorg-2659	131	14	of	of	ADP
fueconorg-2659	131	15	cost	cost	NOUN
fueconorg-2659	131	16	to	to	PART
fueconorg-2659	131	17	income	income	NOUN
fueconorg-2659	131	18	ratio	ratio	NOUN
fueconorg-2659	131	19	and	and	CCONJ
fueconorg-2659	131	20	herfindahl	herfindahl	NOUN
fueconorg-2659	131	21	-	-	PUNCT
fueconorg-2659	131	22	hirschman	hirschman	NOUN
fueconorg-2659	131	23	value	value	NOUN
fueconorg-2659	131	24	index	index	NOUN
fueconorg-2659	131	25	for	for	ADP
fueconorg-2659	131	26	total	total	ADJ
fueconorg-2659	131	27	assets	asset	NOUN
fueconorg-2659	131	28	,	,	PUNCT
fueconorg-2659	131	29	capital	capital	NOUN
fueconorg-2659	131	30	and	and	CCONJ
fueconorg-2659	131	31	net	net	ADJ
fueconorg-2659	131	32	interest	interest	NOUN
fueconorg-2659	131	33	for	for	ADP
fueconorg-2659	131	34	the	the	DET
fueconorg-2659	131	35	period	period	NOUN
fueconorg-2659	131	36	from	from	ADP
fueconorg-2659	131	37	2008	2008	NUM
fueconorg-2659	131	38	to	to	ADP
fueconorg-2659	131	39	2015	2015	NUM
fueconorg-2659	131	40	.	.	PUNCT
fueconorg-2659	132	1	the	the	DET
fueconorg-2659	132	2	degree	degree	NOUN
fueconorg-2659	132	3	of	of	ADP
fueconorg-2659	132	4	quantitative	quantitative	ADJ
fueconorg-2659	132	5	agreement	agreement	NOUN
fueconorg-2659	132	6	was	be	AUX
fueconorg-2659	132	7	0.721	0.721	NUM
fueconorg-2659	132	8	;	;	PUNCT
fueconorg-2659	132	9	-0.715	-0.715	NUM
fueconorg-2659	132	10	;	;	PUNCT
fueconorg-2659	132	11	-0.716	-0.716	NOUN
fueconorg-2659	132	12	respectively	respectively	ADV
fueconorg-2659	132	13	.	.	PUNCT
fueconorg-2659	133	1	the	the	DET
fueconorg-2659	133	2	highest	high	ADJ
fueconorg-2659	133	3	degree	degree	NOUN
fueconorg-2659	133	4	of	of	ADP
fueconorg-2659	133	5	linear	linear	ADJ
fueconorg-2659	133	6	correlation	correlation	NOUN
fueconorg-2659	133	7	is	be	AUX
fueconorg-2659	133	8	between	between	ADP
fueconorg-2659	133	9	total	total	ADJ
fueconorg-2659	133	10	assets	asset	NOUN
fueconorg-2659	133	11	and	and	CCONJ
fueconorg-2659	133	12	the	the	DET
fueconorg-2659	133	13	level	level	NOUN
fueconorg-2659	133	14	of	of	ADP
fueconorg-2659	133	15	efficiency	efficiency	NOUN
fueconorg-2659	133	16	,	,	PUNCT
fueconorg-2659	133	17	where	where	SCONJ
fueconorg-2659	133	18	pearson	pearson	PROPN
fueconorg-2659	133	19	's	's	PART
fueconorg-2659	133	20	coefficient	coefficient	NOUN
fueconorg-2659	133	21	has	have	VERB
fueconorg-2659	133	22	a	a	DET
fueconorg-2659	133	23	value	value	NOUN
fueconorg-2659	133	24	of	of	ADP
fueconorg-2659	133	25	0.043	0.043	NUM
fueconorg-2659	133	26	which	which	PRON
fueconorg-2659	133	27	indicates	indicate	VERB
fueconorg-2659	133	28	a	a	DET
fueconorg-2659	133	29	high	high	ADJ
fueconorg-2659	133	30	degree	degree	NOUN
fueconorg-2659	133	31	of	of	ADP
fueconorg-2659	133	32	linear	linear	ADJ
fueconorg-2659	133	33	correlation	correlation	NOUN
fueconorg-2659	133	34	between	between	ADP
fueconorg-2659	133	35	these	these	DET
fueconorg-2659	133	36	two	two	NUM
fueconorg-2659	133	37	variables	variable	NOUN
fueconorg-2659	133	38	.	.	PUNCT
fueconorg-2659	134	1	by	by	ADP
fueconorg-2659	134	2	applying	apply	VERB
fueconorg-2659	134	3	the	the	DET
fueconorg-2659	134	4	regression	regression	NOUN
fueconorg-2659	134	5	analysis	analysis	NOUN
fueconorg-2659	134	6	of	of	ADP
fueconorg-2659	134	7	the	the	DET
fueconorg-2659	134	8	cost	cost	NOUN
fueconorg-2659	134	9	to	to	PART
fueconorg-2659	134	10	income	income	NOUN
fueconorg-2659	134	11	ratio	ratio	NOUN
fueconorg-2659	134	12	,	,	PUNCT
fueconorg-2659	134	13	which	which	PRON
fueconorg-2659	134	14	represents	represent	VERB
fueconorg-2659	134	15	the	the	DET
fueconorg-2659	134	16	dependent	dependent	ADJ
fueconorg-2659	134	17	variable	variable	NOUN
fueconorg-2659	134	18	and	and	CCONJ
fueconorg-2659	134	19	herfindahl	herfindahl	NOUN
fueconorg-2659	134	20	-	-	PUNCT
fueconorg-2659	134	21	hirschman	hirschman	NOUN
fueconorg-2659	134	22	index	index	NOUN
fueconorg-2659	134	23	for	for	ADP
fueconorg-2659	134	24	total	total	ADJ
fueconorg-2659	134	25	assets	asset	NOUN
fueconorg-2659	134	26	(	(	PUNCT
fueconorg-2659	134	27	independent	independent	ADJ
fueconorg-2659	134	28	variable	variable	NOUN
fueconorg-2659	134	29	)	)	PUNCT
fueconorg-2659	134	30	,	,	PUNCT
fueconorg-2659	134	31	the	the	DET
fueconorg-2659	134	32	degree	degree	NOUN
fueconorg-2659	134	33	of	of	ADP
fueconorg-2659	134	34	influence	influence	NOUN
fueconorg-2659	134	35	of	of	ADP
fueconorg-2659	134	36	the	the	DET
fueconorg-2659	134	37	independent	independent	ADJ
fueconorg-2659	134	38	variable	variable	NOUN
fueconorg-2659	134	39	on	on	ADP
fueconorg-2659	134	40	the	the	DET
fueconorg-2659	134	41	dependent	dependent	ADJ
fueconorg-2659	134	42	was	be	AUX
fueconorg-2659	134	43	examined	examine	VERB
fueconorg-2659	134	44	.	.	PUNCT
fueconorg-2659	135	1	unit	unit	NOUN
fueconorg-2659	135	2	increase	increase	NOUN
fueconorg-2659	135	3	in	in	ADP
fueconorg-2659	135	4	hhi	hhi	NOUN
fueconorg-2659	135	5	of	of	ADP
fueconorg-2659	135	6	total	total	ADJ
fueconorg-2659	135	7	assets	asset	NOUN
fueconorg-2659	135	8	affects	affect	VERB
fueconorg-2659	135	9	the	the	DET
fueconorg-2659	135	10	change	change	NOUN
fueconorg-2659	135	11	in	in	ADP
fueconorg-2659	135	12	the	the	DET
fueconorg-2659	135	13	value	value	NOUN
fueconorg-2659	135	14	of	of	ADP
fueconorg-2659	135	15	cost	cost	NOUN
fueconorg-2659	135	16	to	to	PART
fueconorg-2659	135	17	income	income	NOUN
fueconorg-2659	135	18	ratio	ratio	NOUN
fueconorg-2659	135	19	for	for	ADP
fueconorg-2659	135	20	the	the	DET
fueconorg-2659	135	21	-0.721	-0.721	NOUN
fueconorg-2659	135	22	.	.	PUNCT
fueconorg-2659	136	1	the	the	DET
fueconorg-2659	136	2	regression	regression	NOUN
fueconorg-2659	136	3	model	model	NOUN
fueconorg-2659	136	4	is	be	AUX
fueconorg-2659	136	5	statistically	statistically	ADV
fueconorg-2659	136	6	representative	representative	ADJ
fueconorg-2659	136	7	and	and	CCONJ
fueconorg-2659	136	8	based	base	VERB
fueconorg-2659	136	9	on	on	ADP
fueconorg-2659	136	10	it	it	PRON
fueconorg-2659	136	11	,	,	PUNCT
fueconorg-2659	136	12	it	it	PRON
fueconorg-2659	136	13	is	be	AUX
fueconorg-2659	136	14	possible	possible	ADJ
fueconorg-2659	136	15	to	to	PART
fueconorg-2659	136	16	predict	predict	VERB
fueconorg-2659	136	17	changes	change	NOUN
fueconorg-2659	136	18	in	in	ADP
fueconorg-2659	136	19	cost	cost	NOUN
fueconorg-2659	136	20	to	to	PART
fueconorg-2659	136	21	income	income	NOUN
fueconorg-2659	136	22	ratio	ratio	NOUN
fueconorg-2659	136	23	at	at	ADP
fueconorg-2659	136	24	hhi	hhi	NOUN
fueconorg-2659	136	25	increase	increase	NOUN
fueconorg-2659	136	26	of	of	ADP
fueconorg-2659	136	27	total	total	ADJ
fueconorg-2659	136	28	assets	asset	NOUN
fueconorg-2659	136	29	.	.	PUNCT
fueconorg-2659	137	1	in	in	ADP
fueconorg-2659	137	2	the	the	DET
fueconorg-2659	137	3	regression	regression	NOUN
fueconorg-2659	137	4	model	model	NOUN
fueconorg-2659	137	5	,	,	PUNCT
fueconorg-2659	137	6	it	it	PRON
fueconorg-2659	137	7	can	can	AUX
fueconorg-2659	137	8	be	be	AUX
fueconorg-2659	137	9	noted	note	VERB
fueconorg-2659	137	10	that	that	SCONJ
fueconorg-2659	137	11	it	it	PRON
fueconorg-2659	137	12	is	be	AUX
fueconorg-2659	137	13	possible	possible	ADJ
fueconorg-2659	137	14	to	to	PART
fueconorg-2659	137	15	predict	predict	VERB
fueconorg-2659	137	16	the	the	DET
fueconorg-2659	137	17	movement	movement	NOUN
fueconorg-2659	137	18	of	of	ADP
fueconorg-2659	137	19	the	the	DET
fueconorg-2659	137	20	dependent	dependent	ADJ
fueconorg-2659	137	21	variable	variable	ADJ
fueconorg-2659	137	22	values	value	NOUN
fueconorg-2659	137	23	based	base	VERB
fueconorg-2659	137	24	on	on	ADP
fueconorg-2659	137	25	the	the	DET
fueconorg-2659	137	26	changes	change	NOUN
fueconorg-2659	137	27	of	of	ADP
fueconorg-2659	137	28	the	the	DET
fueconorg-2659	137	29	independent	independent	ADJ
fueconorg-2659	137	30	variable	variable	NOUN
fueconorg-2659	137	31	.	.	PUNCT
fueconorg-2659	138	1	table	table	NOUN
fueconorg-2659	138	2	2	2	NUM
fueconorg-2659	138	3	regression	regression	NOUN
fueconorg-2659	138	4	analysis	analysis	NOUN
fueconorg-2659	138	5	model	model	NOUN
fueconorg-2659	138	6	unstandardized	unstandardized	ADJ
fueconorg-2659	138	7	coefficients	coefficient	NOUN
fueconorg-2659	138	8	standardized	standardize	VERB
fueconorg-2659	138	9	coefficients	coefficient	NOUN
fueconorg-2659	138	10	t	t	PROPN
fueconorg-2659	138	11	sig	sig	PROPN
fueconorg-2659	138	12	.	.	PUNCT
fueconorg-2659	139	1	b	b	X
fueconorg-2659	139	2	std	std	PROPN
fueconorg-2659	139	3	.	.	NOUN
fueconorg-2659	139	4	error	error	NOUN
fueconorg-2659	139	5	beta	beta	NOUN
fueconorg-2659	139	6	1	1	NUM
fueconorg-2659	139	7	(	(	PUNCT
fueconorg-2659	139	8	constant	constant	ADJ
fueconorg-2659	139	9	)	)	PUNCT
fueconorg-2659	139	10	1.158	1.158	NUM
fueconorg-2659	139	11	.331	.331	NUM
fueconorg-2659	139	12	3.496	3.496	NUM
fueconorg-2659	139	13	.013	.013	NUM
fueconorg-2659	139	14	hhi	hhi	PROPN
fueconorg-2659	139	15	total	total	NOUN
fueconorg-2659	139	16	assets	asset	NOUN
fueconorg-2659	139	17	-.001	-.001	PROPN
fueconorg-2659	139	18	.000	.000	NUM
fueconorg-2659	140	1	-.721	-.721	PROPN
fueconorg-2659	140	2	-2.551	-2.551	PUNCT
fueconorg-2659	140	3	.043	.043	NUM
fueconorg-2659	141	1	source	source	NOUN
fueconorg-2659	141	2	:	:	PUNCT
fueconorg-2659	141	3	author	author	NOUN
fueconorg-2659	141	4	’s	’s	PART
fueconorg-2659	141	5	calculation	calculation	NOUN
fueconorg-2659	141	6	conclusion	conclusion	NOUN
fueconorg-2659	141	7	concentration	concentration	NOUN
fueconorg-2659	141	8	in	in	ADP
fueconorg-2659	141	9	the	the	DET
fueconorg-2659	141	10	banking	banking	NOUN
fueconorg-2659	141	11	sector	sector	NOUN
fueconorg-2659	141	12	is	be	AUX
fueconorg-2659	141	13	generally	generally	ADV
fueconorg-2659	141	14	horizontal	horizontal	ADJ
fueconorg-2659	141	15	,	,	PUNCT
fueconorg-2659	141	16	which	which	PRON
fueconorg-2659	141	17	means	mean	VERB
fueconorg-2659	141	18	that	that	SCONJ
fueconorg-2659	141	19	there	there	PRON
fueconorg-2659	141	20	is	be	VERB
fueconorg-2659	141	21	joining	join	VERB
fueconorg-2659	141	22	of	of	ADP
fueconorg-2659	141	23	market	market	NOUN
fueconorg-2659	141	24	participants	participant	NOUN
fueconorg-2659	141	25	that	that	PRON
fueconorg-2659	141	26	offer	offer	VERB
fueconorg-2659	141	27	substituent	substituent	NOUN
fueconorg-2659	141	28	products	product	NOUN
fueconorg-2659	141	29	.	.	PUNCT
fueconorg-2659	142	1	the	the	DET
fueconorg-2659	142	2	main	main	ADJ
fueconorg-2659	142	3	motives	motive	NOUN
fueconorg-2659	142	4	because	because	SCONJ
fueconorg-2659	142	5	of	of	ADP
fueconorg-2659	142	6	which	which	DET
fueconorg-2659	142	7	concentration	concentration	NOUN
fueconorg-2659	142	8	appears	appear	VERB
fueconorg-2659	142	9	are	be	AUX
fueconorg-2659	142	10	:	:	PUNCT
fueconorg-2659	142	11	ratio	ratio	NOUN
fueconorg-2659	142	12	economy	economy	NOUN
fueconorg-2659	142	13	,	,	PUNCT
fueconorg-2659	142	14	diversification	diversification	NOUN
fueconorg-2659	142	15	of	of	ADP
fueconorg-2659	142	16	credit	credit	NOUN
fueconorg-2659	142	17	risk	risk	NOUN
fueconorg-2659	142	18	,	,	PUNCT
fueconorg-2659	142	19	improving	improve	VERB
fueconorg-2659	142	20	organizational	organizational	ADJ
fueconorg-2659	142	21	efficiency	efficiency	NOUN
fueconorg-2659	142	22	,	,	PUNCT
fueconorg-2659	142	23	lower	low	ADJ
fueconorg-2659	142	24	financing	financing	NOUN
fueconorg-2659	142	25	costs	cost	NOUN
fueconorg-2659	142	26	and	and	CCONJ
fueconorg-2659	142	27	scale	scale	NOUN
fueconorg-2659	142	28	economy	economy	NOUN
fueconorg-2659	142	29	.	.	PUNCT
fueconorg-2659	143	1	however	however	ADV
fueconorg-2659	143	2	,	,	PUNCT
fueconorg-2659	143	3	noncompetitive	noncompetitive	ADJ
fueconorg-2659	143	4	market	market	NOUN
fueconorg-2659	143	5	structures	structure	NOUN
fueconorg-2659	143	6	,	,	PUNCT
fueconorg-2659	143	7	especially	especially	ADV
fueconorg-2659	143	8	monopolies	monopoly	NOUN
fueconorg-2659	143	9	,	,	PUNCT
fueconorg-2659	143	10	generate	generate	VERB
fueconorg-2659	143	11	adverse	adverse	ADJ
fueconorg-2659	143	12	effects	effect	NOUN
fueconorg-2659	143	13	on	on	ADP
fueconorg-2659	143	14	social	social	ADJ
fueconorg-2659	143	15	welfare	welfare	NOUN
fueconorg-2659	143	16	.	.	PUNCT
fueconorg-2659	144	1	for	for	ADP
fueconorg-2659	144	2	this	this	DET
fueconorg-2659	144	3	reason	reason	NOUN
fueconorg-2659	144	4	,	,	PUNCT
fueconorg-2659	144	5	it	it	PRON
fueconorg-2659	144	6	is	be	AUX
fueconorg-2659	144	7	necessary	necessary	ADJ
fueconorg-2659	144	8	to	to	PART
fueconorg-2659	144	9	create	create	VERB
fueconorg-2659	144	10	adequate	adequate	ADJ
fueconorg-2659	144	11	antitrust	antitrust	ADJ
fueconorg-2659	144	12	politics	politic	NOUN
fueconorg-2659	144	13	and	and	CCONJ
fueconorg-2659	144	14	to	to	PART
fueconorg-2659	144	15	establish	establish	VERB
fueconorg-2659	144	16	an	an	DET
fueconorg-2659	144	17	effective	effective	ADJ
fueconorg-2659	144	18	antitrust	antitrust	ADJ
fueconorg-2659	144	19	institution	institution	NOUN
fueconorg-2659	144	20	.	.	PUNCT
fueconorg-2659	145	1	the	the	DET
fueconorg-2659	145	2	politics	politic	NOUN
fueconorg-2659	145	3	of	of	ADP
fueconorg-2659	145	4	competition	competition	NOUN
fueconorg-2659	145	5	protection	protection	NOUN
fueconorg-2659	145	6	contributes	contribute	VERB
fueconorg-2659	145	7	to	to	ADP
fueconorg-2659	145	8	the	the	DET
fueconorg-2659	145	9	achievement	achievement	NOUN
fueconorg-2659	145	10	of	of	ADP
fueconorg-2659	145	11	effective	effective	ADJ
fueconorg-2659	145	12	competition	competition	NOUN
fueconorg-2659	145	13	that	that	PRON
fueconorg-2659	145	14	is	be	AUX
fueconorg-2659	145	15	a	a	DET
fueconorg-2659	145	16	prerequisite	prerequisite	NOUN
fueconorg-2659	145	17	for	for	ADP
fueconorg-2659	145	18	economic	economic	ADJ
fueconorg-2659	145	19	and	and	CCONJ
fueconorg-2659	145	20	social	social	ADJ
fueconorg-2659	145	21	progress	progress	NOUN
fueconorg-2659	145	22	(	(	PUNCT
fueconorg-2659	145	23	stojanović	stojanović	NOUN
fueconorg-2659	145	24	&	&	CCONJ
fueconorg-2659	145	25	kostić	kostić	PROPN
fueconorg-2659	145	26	,	,	PUNCT
fueconorg-2659	145	27	2013	2013	NUM
fueconorg-2659	145	28	)	)	PUNCT
fueconorg-2659	145	29	.	.	PUNCT
fueconorg-2659	146	1	288	288	NUM
fueconorg-2659	146	2	e.	e.	PROPN
fueconorg-2659	146	3	eraković	eraković	PROPN
fueconorg-2659	146	4	to	to	PART
fueconorg-2659	146	5	demonstrate	demonstrate	VERB
fueconorg-2659	146	6	the	the	DET
fueconorg-2659	146	7	state	state	NOUN
fueconorg-2659	146	8	of	of	ADP
fueconorg-2659	146	9	concentration	concentration	NOUN
fueconorg-2659	146	10	in	in	ADP
fueconorg-2659	146	11	the	the	DET
fueconorg-2659	146	12	banking	banking	NOUN
fueconorg-2659	146	13	sector	sector	NOUN
fueconorg-2659	146	14	of	of	ADP
fueconorg-2659	146	15	the	the	DET
fueconorg-2659	146	16	republic	republic	NOUN
fueconorg-2659	146	17	of	of	ADP
fueconorg-2659	146	18	serbia	serbia	PROPN
fueconorg-2659	146	19	,	,	PUNCT
fueconorg-2659	146	20	a	a	DET
fueconorg-2659	146	21	statistical	statistical	ADJ
fueconorg-2659	146	22	analysis	analysis	NOUN
fueconorg-2659	146	23	of	of	ADP
fueconorg-2659	146	24	the	the	DET
fueconorg-2659	146	25	variables	variable	NOUN
fueconorg-2659	146	26	has	have	AUX
fueconorg-2659	146	27	been	be	AUX
fueconorg-2659	146	28	conducted	conduct	VERB
fueconorg-2659	146	29	:	:	PUNCT
fueconorg-2659	146	30	total	total	ADJ
fueconorg-2659	146	31	assets	asset	NOUN
fueconorg-2659	146	32	,	,	PUNCT
fueconorg-2659	146	33	capital	capital	NOUN
fueconorg-2659	146	34	and	and	CCONJ
fueconorg-2659	146	35	net	net	ADJ
fueconorg-2659	146	36	interest	interest	NOUN
fueconorg-2659	146	37	income	income	NOUN
fueconorg-2659	146	38	.	.	PUNCT
fueconorg-2659	147	1	concentration	concentration	NOUN
fueconorg-2659	147	2	analysis	analysis	NOUN
fueconorg-2659	147	3	was	be	AUX
fueconorg-2659	147	4	performed	perform	VERB
fueconorg-2659	147	5	using	use	VERB
fueconorg-2659	147	6	market	market	NOUN
fueconorg-2659	147	7	herfindahl	herfindahl	NOUN
fueconorg-2659	147	8	-	-	PUNCT
fueconorg-2659	147	9	hirschman	hirschman	NOUN
fueconorg-2659	147	10	index	index	NOUN
fueconorg-2659	147	11	.	.	PUNCT
fueconorg-2659	148	1	the	the	DET
fueconorg-2659	148	2	highest	high	ADJ
fueconorg-2659	148	3	level	level	NOUN
fueconorg-2659	148	4	of	of	ADP
fueconorg-2659	148	5	concentration	concentration	NOUN
fueconorg-2659	148	6	measured	measure	VERB
fueconorg-2659	148	7	by	by	ADP
fueconorg-2659	148	8	the	the	DET
fueconorg-2659	148	9	herfindahl	herfindahl	NOUN
fueconorg-2659	148	10	-	-	PUNCT
fueconorg-2659	148	11	hirschman	hirschman	NOUN
fueconorg-2659	148	12	index	index	NOUN
fueconorg-2659	148	13	is	be	AUX
fueconorg-2659	148	14	in	in	ADP
fueconorg-2659	148	15	the	the	DET
fueconorg-2659	148	16	capital	capital	NOUN
fueconorg-2659	148	17	,	,	PUNCT
fueconorg-2659	148	18	while	while	SCONJ
fueconorg-2659	148	19	the	the	DET
fueconorg-2659	148	20	lowest	low	ADJ
fueconorg-2659	148	21	concentration	concentration	NOUN
fueconorg-2659	148	22	level	level	NOUN
fueconorg-2659	148	23	achieved	achieve	VERB
fueconorg-2659	148	24	is	be	AUX
fueconorg-2659	148	25	in	in	ADP
fueconorg-2659	148	26	net	net	ADJ
fueconorg-2659	148	27	interest	interest	NOUN
fueconorg-2659	148	28	income	income	NOUN
fueconorg-2659	148	29	.	.	PUNCT
fueconorg-2659	149	1	in	in	ADP
fueconorg-2659	149	2	general	general	ADJ
fueconorg-2659	149	3	,	,	PUNCT
fueconorg-2659	149	4	the	the	DET
fueconorg-2659	149	5	banking	banking	NOUN
fueconorg-2659	149	6	sector	sector	NOUN
fueconorg-2659	149	7	of	of	ADP
fueconorg-2659	149	8	the	the	DET
fueconorg-2659	149	9	republic	republic	NOUN
fueconorg-2659	149	10	of	of	ADP
fueconorg-2659	149	11	serbia	serbia	PROPN
fueconorg-2659	149	12	can	can	AUX
fueconorg-2659	149	13	be	be	AUX
fueconorg-2659	149	14	characterized	characterize	VERB
fueconorg-2659	149	15	as	as	ADP
fueconorg-2659	149	16	fragmented	fragment	VERB
fueconorg-2659	149	17	,	,	PUNCT
fueconorg-2659	149	18	and	and	CCONJ
fueconorg-2659	149	19	the	the	DET
fueconorg-2659	149	20	degree	degree	NOUN
fueconorg-2659	149	21	of	of	ADP
fueconorg-2659	149	22	concentration	concentration	NOUN
fueconorg-2659	149	23	increases	increase	NOUN
fueconorg-2659	149	24	from	from	ADP
fueconorg-2659	149	25	year	year	NOUN
fueconorg-2659	149	26	to	to	ADP
fueconorg-2659	149	27	year	year	NOUN
fueconorg-2659	149	28	.	.	PUNCT
fueconorg-2659	150	1	how	how	SCONJ
fueconorg-2659	150	2	the	the	DET
fueconorg-2659	150	3	concentration	concentration	NOUN
fueconorg-2659	150	4	and	and	CCONJ
fueconorg-2659	150	5	efficiency	efficiency	NOUN
fueconorg-2659	150	6	of	of	ADP
fueconorg-2659	150	7	the	the	DET
fueconorg-2659	150	8	banking	banking	NOUN
fueconorg-2659	150	9	sector	sector	NOUN
fueconorg-2659	150	10	of	of	ADP
fueconorg-2659	150	11	the	the	DET
fueconorg-2659	150	12	republic	republic	NOUN
fueconorg-2659	150	13	of	of	ADP
fueconorg-2659	150	14	serbia	serbia	PROPN
fueconorg-2659	150	15	will	will	AUX
fueconorg-2659	150	16	change	change	VERB
fueconorg-2659	150	17	in	in	ADP
fueconorg-2659	150	18	the	the	DET
fueconorg-2659	150	19	future	future	NOUN
fueconorg-2659	150	20	depends	depend	VERB
fueconorg-2659	150	21	on	on	ADP
fueconorg-2659	150	22	many	many	ADJ
fueconorg-2659	150	23	external	external	ADJ
fueconorg-2659	150	24	and	and	CCONJ
fueconorg-2659	150	25	internal	internal	ADJ
fueconorg-2659	150	26	factors	factor	NOUN
fueconorg-2659	150	27	on	on	ADP
fueconorg-2659	150	28	the	the	DET
fueconorg-2659	150	29	state	state	NOUN
fueconorg-2659	150	30	of	of	ADP
fueconorg-2659	150	31	the	the	DET
fueconorg-2659	150	32	global	global	ADJ
fueconorg-2659	150	33	market	market	NOUN
fueconorg-2659	150	34	,	,	PUNCT
fueconorg-2659	150	35	new	new	ADJ
fueconorg-2659	150	36	regulatory	regulatory	ADJ
fueconorg-2659	150	37	requirements	requirement	NOUN
fueconorg-2659	150	38	and	and	CCONJ
fueconorg-2659	150	39	internal	internal	ADJ
fueconorg-2659	150	40	strategies	strategy	NOUN
fueconorg-2659	150	41	of	of	ADP
fueconorg-2659	150	42	individual	individual	ADJ
fueconorg-2659	150	43	banks	bank	NOUN
fueconorg-2659	150	44	.	.	PUNCT
fueconorg-2659	151	1	thereby	thereby	ADV
fueconorg-2659	151	2	,	,	PUNCT
fueconorg-2659	151	3	it	it	PRON
fueconorg-2659	151	4	should	should	AUX
fueconorg-2659	151	5	be	be	AUX
fueconorg-2659	151	6	borne	bear	VERB
fueconorg-2659	151	7	in	in	ADP
fueconorg-2659	151	8	mind	mind	NOUN
fueconorg-2659	151	9	that	that	SCONJ
fueconorg-2659	151	10	prevention	prevention	NOUN
fueconorg-2659	151	11	of	of	ADP
fueconorg-2659	151	12	monopoly	monopoly	NOUN
fueconorg-2659	151	13	in	in	ADP
fueconorg-2659	151	14	the	the	DET
fueconorg-2659	151	15	banking	banking	NOUN
fueconorg-2659	151	16	sector	sector	NOUN
fueconorg-2659	151	17	should	should	AUX
fueconorg-2659	151	18	be	be	AUX
fueconorg-2659	151	19	imperative	imperative	ADJ
fueconorg-2659	151	20	.	.	PUNCT
fueconorg-2659	152	1	references	reference	NOUN
fueconorg-2659	152	2	apergis	apergis	VERB
fueconorg-2659	152	3	,	,	PUNCT
fueconorg-2659	152	4	n.	n.	PROPN
fueconorg-2659	152	5	&	&	CCONJ
fueconorg-2659	152	6	alevizopoulou	alevizopoulou	PROPN
fueconorg-2659	152	7	,	,	PUNCT
fueconorg-2659	152	8	e.	e.	PROPN
fueconorg-2659	152	9	(	(	PUNCT
fueconorg-2659	152	10	2011	2011	NUM
fueconorg-2659	152	11	)	)	PUNCT
fueconorg-2659	152	12	.	.	PUNCT
fueconorg-2659	153	1	bank	bank	NOUN
fueconorg-2659	153	2	efficiency	efficiency	NOUN
fueconorg-2659	153	3	:	:	PUNCT
fueconorg-2659	153	4	evidence	evidence	NOUN
fueconorg-2659	153	5	from	from	ADP
fueconorg-2659	153	6	a	a	DET
fueconorg-2659	153	7	panel	panel	NOUN
fueconorg-2659	153	8	of	of	ADP
fueconorg-2659	153	9	european	european	ADJ
fueconorg-2659	153	10	banks	bank	NOUN
fueconorg-2659	153	11	.	.	PUNCT
fueconorg-2659	154	1	panoeconomicus	panoeconomicus	VERB
fueconorg-2659	154	2	,	,	PUNCT
fueconorg-2659	154	3	3	3	NUM
fueconorg-2659	154	4	,	,	PUNCT
fueconorg-2659	154	5	329	329	NUM
fueconorg-2659	154	6	-	-	SYM
fueconorg-2659	154	7	341	341	NUM
fueconorg-2659	154	8	.	.	PUNCT
fueconorg-2659	154	9	barth	barth	PROPN
fueconorg-2659	154	10	,	,	PUNCT
fueconorg-2659	154	11	j.	j.	PROPN
fueconorg-2659	154	12	r.	r.	PROPN
fueconorg-2659	154	13	,	,	PUNCT
fueconorg-2659	154	14	caprio	caprio	PROPN
fueconorg-2659	154	15	,	,	PUNCT
fueconorg-2659	154	16	g.	g.	PROPN
fueconorg-2659	154	17	jr	jr	PROPN
fueconorg-2659	154	18	.	.	PROPN
fueconorg-2659	154	19	&	&	CCONJ
fueconorg-2659	154	20	levine	levine	PROPN
fueconorg-2659	154	21	,	,	PUNCT
fueconorg-2659	154	22	r.	r.	PROPN
fueconorg-2659	154	23	(	(	PUNCT
fueconorg-2659	154	24	2001	2001	NUM
fueconorg-2659	154	25	)	)	PUNCT
fueconorg-2659	154	26	.	.	PUNCT
fueconorg-2659	155	1	the	the	DET
fueconorg-2659	155	2	regulation	regulation	NOUN
fueconorg-2659	155	3	and	and	CCONJ
fueconorg-2659	155	4	supervision	supervision	NOUN
fueconorg-2659	155	5	of	of	ADP
fueconorg-2659	155	6	banks	bank	NOUN
fueconorg-2659	155	7	around	around	ADP
fueconorg-2659	155	8	the	the	DET
fueconorg-2659	155	9	world	world	NOUN
fueconorg-2659	155	10	:	:	PUNCT
fueconorg-2659	155	11	a	a	DET
fueconorg-2659	155	12	new	new	ADJ
fueconorg-2659	155	13	database	database	NOUN
fueconorg-2659	155	14	,	,	PUNCT
fueconorg-2659	155	15	retrieved	retrieve	VERB
fueconorg-2659	155	16	from	from	ADP
fueconorg-2659	155	17	:	:	PUNCT
fueconorg-2659	155	18	http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.198.7983&rep=	http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.198.7983&rep=	NOUN
fueconorg-2659	155	19	rep1&type	rep1&type	NOUN
fueconorg-2659	155	20	=	=	SYM
fueconorg-2659	155	21	pdf	pdf	NOUN
fueconorg-2659	155	22	,	,	PUNCT
fueconorg-2659	155	23	accessed	access	VERB
fueconorg-2659	155	24	on	on	ADP
fueconorg-2659	155	25	:	:	PUNCT
fueconorg-2659	155	26	23	23	NUM
fueconorg-2659	155	27	august	august	PROPN
fueconorg-2659	155	28	2016	2016	NUM
fueconorg-2659	155	29	.	.	PUNCT
fueconorg-2659	156	1	begović	begović	PROPN
fueconorg-2659	156	2	,	,	PUNCT
fueconorg-2659	156	3	b.	b.	PROPN
fueconorg-2659	156	4	,	,	PUNCT
fueconorg-2659	156	5	bukvić	bukvić	PROPN
fueconorg-2659	156	6	,	,	PUNCT
fueconorg-2659	156	7	r.	r.	PROPN
fueconorg-2659	156	8	,	,	PUNCT
fueconorg-2659	156	9	mijatović	mijatović	PROPN
fueconorg-2659	156	10	,	,	PUNCT
fueconorg-2659	156	11	b.	b.	PROPN
fueconorg-2659	156	12	,	,	PUNCT
fueconorg-2659	156	13	paunović	paunović	PROPN
fueconorg-2659	156	14	,	,	PUNCT
fueconorg-2659	156	15	m.	m.	NOUN
fueconorg-2659	156	16	,	,	PUNCT
fueconorg-2659	156	17	sepi	sepi	PROPN
fueconorg-2659	156	18	,	,	PUNCT
fueconorg-2659	156	19	r.	r.	PROPN
fueconorg-2659	156	20	&	&	CCONJ
fueconorg-2659	156	21	hiber	hiber	PROPN
fueconorg-2659	156	22	,	,	PUNCT
fueconorg-2659	156	23	d.	d.	PROPN
fueconorg-2659	156	24	(	(	PUNCT
fueconorg-2659	156	25	2002	2002	NUM
fueconorg-2659	156	26	)	)	PUNCT
fueconorg-2659	156	27	.	.	PUNCT
fueconorg-2659	157	1	antimonopolska	antimonopolska	PROPN
fueconorg-2659	157	2	politika	politika	X
fueconorg-2659	157	3	u	u	PROPN
fueconorg-2659	157	4	sr	sr	PROPN
fueconorg-2659	157	5	jugoslaviji	jugoslaviji	PROPN
fueconorg-2659	158	1	[	[	X
fueconorg-2659	158	2	antimonopoly	antimonopoly	ADJ
fueconorg-2659	158	3	policy	policy	NOUN
fueconorg-2659	158	4	in	in	ADP
fueconorg-2659	158	5	fr	fr	PROPN
fueconorg-2659	158	6	yugoslavia	yugoslavia	PROPN
fueconorg-2659	158	7	]	]	PUNCT
fueconorg-2659	158	8	.	.	PUNCT
fueconorg-2659	159	1	centar	centar	PROPN
fueconorg-2659	159	2	za	za	PROPN
fueconorg-2659	159	3	liberalno	liberalno	PROPN
fueconorg-2659	159	4	–	–	PUNCT
fueconorg-2659	159	5	demokratske	demokratske	NOUN
fueconorg-2659	159	6	studije	studije	NOUN
fueconorg-2659	159	7	.	.	PUNCT
fueconorg-2659	160	1	beograd	beograd	PROPN
fueconorg-2659	160	2	.	.	PUNCT
fueconorg-2659	161	1	berger	berger	PROPN
fueconorg-2659	161	2	,	,	PUNCT
fueconorg-2659	161	3	a.	a.	PROPN
fueconorg-2659	161	4	n.	n.	PROPN
fueconorg-2659	161	5	(	(	PUNCT
fueconorg-2659	161	6	2007	2007	NUM
fueconorg-2659	161	7	)	)	PUNCT
fueconorg-2659	161	8	.	.	PUNCT
fueconorg-2659	162	1	international	international	ADJ
fueconorg-2659	162	2	comparisons	comparison	NOUN
fueconorg-2659	162	3	of	of	ADP
fueconorg-2659	162	4	banking	banking	NOUN
fueconorg-2659	162	5	efficiency	efficiency	NOUN
fueconorg-2659	162	6	.	.	PUNCT
fueconorg-2659	163	1	financial	financial	ADJ
fueconorg-2659	163	2	markets	market	NOUN
fueconorg-2659	163	3	,	,	PUNCT
fueconorg-2659	163	4	institutions	institution	NOUN
fueconorg-2659	163	5	and	and	CCONJ
fueconorg-2659	163	6	instruments	instrument	NOUN
fueconorg-2659	163	7	,	,	PUNCT
fueconorg-2659	163	8	16	16	NUM
fueconorg-2659	163	9	,	,	PUNCT
fueconorg-2659	163	10	119	119	NUM
fueconorg-2659	163	11	-	-	SYM
fueconorg-2659	163	12	144	144	NUM
fueconorg-2659	163	13	.	.	PUNCT
fueconorg-2659	164	1	bikker	bikker	PROPN
fueconorg-2659	164	2	,	,	PUNCT
fueconorg-2659	164	3	j.	j.	PROPN
fueconorg-2659	164	4	a.	a.	PROPN
fueconorg-2659	164	5	&	&	CCONJ
fueconorg-2659	164	6	groeneveld	groeneveld	PROPN
fueconorg-2659	164	7	,	,	PUNCT
fueconorg-2659	164	8	j.	j.	PROPN
fueconorg-2659	164	9	m.	m.	PROPN
fueconorg-2659	164	10	(	(	PUNCT
fueconorg-2659	164	11	1998	1998	NUM
fueconorg-2659	164	12	)	)	PUNCT
fueconorg-2659	164	13	.	.	PUNCT
fueconorg-2659	165	1	competition	competition	NOUN
fueconorg-2659	165	2	and	and	CCONJ
fueconorg-2659	165	3	concentration	concentration	NOUN
fueconorg-2659	165	4	in	in	ADP
fueconorg-2659	165	5	the	the	DET
fueconorg-2659	165	6	eu	eu	PROPN
fueconorg-2659	165	7	banking	banking	NOUN
fueconorg-2659	165	8	industry	industry	NOUN
fueconorg-2659	165	9	.	.	PUNCT
fueconorg-2659	166	1	research	research	NOUN
fueconorg-2659	166	2	series	series	PROPN
fueconorg-2659	166	3	supervision	supervision	PROPN
fueconorg-2659	166	4	no	no	INTJ
fueconorg-2659	166	5	.	.	NOUN
fueconorg-2659	167	1	8	8	NUM
fueconorg-2659	167	2	.	.	X
fueconorg-2659	167	3	de	de	PROPN
fueconorg-2659	167	4	nederlandsche	nederlandsche	PROPN
fueconorg-2659	167	5	bank	bank	PROPN
fueconorg-2659	167	6	.	.	PUNCT
fueconorg-2659	168	1	claessens	claessens	PROPN
fueconorg-2659	168	2	,	,	PUNCT
fueconorg-2659	168	3	s.	s.	PROPN
fueconorg-2659	168	4	,	,	PUNCT
fueconorg-2659	168	5	demirguec	demirguec	NOUN
fueconorg-2659	168	6	-	-	PUNCT
fueconorg-2659	168	7	kunt	kunt	PROPN
fueconorg-2659	168	8	,	,	PUNCT
fueconorg-2659	168	9	a.	a.	NOUN
fueconorg-2659	168	10	&	&	CCONJ
fueconorg-2659	168	11	huizinga	huizinga	PROPN
fueconorg-2659	168	12	,	,	PUNCT
fueconorg-2659	168	13	h.	h.	PROPN
fueconorg-2659	168	14	(	(	PUNCT
fueconorg-2659	168	15	2000	2000	NUM
fueconorg-2659	168	16	)	)	PUNCT
fueconorg-2659	168	17	.	.	PUNCT
fueconorg-2659	169	1	how	how	SCONJ
fueconorg-2659	169	2	does	do	AUX
fueconorg-2659	169	3	foreign	foreign	ADJ
fueconorg-2659	169	4	entry	entry	NOUN
fueconorg-2659	169	5	affect	affect	VERB
fueconorg-2659	169	6	domestic	domestic	ADJ
fueconorg-2659	169	7	banking	banking	NOUN
fueconorg-2659	169	8	markets	market	NOUN
fueconorg-2659	169	9	?	?	PUNCT
fueconorg-2659	169	10	,	,	PUNCT
fueconorg-2659	169	11	retrieved	retrieve	VERB
fueconorg-2659	169	12	from	from	ADP
fueconorg-2659	169	13	:	:	PUNCT
fueconorg-2659	169	14	http://siteresources.worldbank.org/dec/resources/84797-1114437274304/final.pdf	http://siteresources.worldbank.org/dec/resources/84797-1114437274304/final.pdf	NOUN
fueconorg-2659	169	15	,	,	PUNCT
fueconorg-2659	169	16	accessed	access	VERB
fueconorg-2659	169	17	on	on	ADP
fueconorg-2659	169	18	:	:	PUNCT
fueconorg-2659	169	19	30	30	NUM
fueconorg-2659	169	20	august	august	PROPN
fueconorg-2659	169	21	2016	2016	NUM
fueconorg-2659	169	22	.	.	PUNCT
fueconorg-2659	170	1	claessens	claessen	NOUN
fueconorg-2659	170	2	,	,	PUNCT
fueconorg-2659	170	3	s.	s.	PROPN
fueconorg-2659	170	4	&	&	CCONJ
fueconorg-2659	170	5	laeven	laeven	PROPN
fueconorg-2659	170	6	,	,	PUNCT
fueconorg-2659	170	7	l.	l.	PROPN
fueconorg-2659	170	8	(	(	PUNCT
fueconorg-2659	170	9	2003	2003	NUM
fueconorg-2659	170	10	)	)	PUNCT
fueconorg-2659	170	11	.	.	PUNCT
fueconorg-2659	171	1	what	what	PRON
fueconorg-2659	171	2	drives	drive	VERB
fueconorg-2659	171	3	bank	bank	NOUN
fueconorg-2659	171	4	competition	competition	NOUN
fueconorg-2659	171	5	?	?	PUNCT
fueconorg-2659	172	1	some	some	DET
fueconorg-2659	172	2	international	international	ADJ
fueconorg-2659	172	3	evidence	evidence	NOUN
fueconorg-2659	172	4	.	.	PUNCT
fueconorg-2659	173	1	policy	policy	NOUN
fueconorg-2659	173	2	research	research	NOUN
fueconorg-2659	173	3	working	work	VERB
fueconorg-2659	173	4	paper	paper	NOUN
fueconorg-2659	173	5	3113	3113	NUM
fueconorg-2659	173	6	.	.	PUNCT
fueconorg-2659	174	1	the	the	DET
fueconorg-2659	174	2	world	world	PROPN
fueconorg-2659	174	3	bank	bank	PROPN
fueconorg-2659	174	4	,	,	PUNCT
fueconorg-2659	174	5	financial	financial	ADJ
fueconorg-2659	174	6	sector	sector	NOUN
fueconorg-2659	174	7	operations	operation	NOUN
fueconorg-2659	174	8	and	and	CCONJ
fueconorg-2659	174	9	policy	policy	NOUN
fueconorg-2659	174	10	department	department	NOUN
fueconorg-2659	174	11	.	.	PUNCT
fueconorg-2659	175	1	demirguec	demirguec	NOUN
fueconorg-2659	175	2	-	-	PUNCT
fueconorg-2659	175	3	kunt	kunt	PROPN
fueconorg-2659	175	4	,	,	PUNCT
fueconorg-2659	175	5	a.	a.	NOUN
fueconorg-2659	175	6	,	,	PUNCT
fueconorg-2659	175	7	laeven	laeven	ADJ
fueconorg-2659	175	8	,	,	PUNCT
fueconorg-2659	175	9	l.	l.	PROPN
fueconorg-2659	175	10	&	&	CCONJ
fueconorg-2659	175	11	levine	levine	PROPN
fueconorg-2659	175	12	,	,	PUNCT
fueconorg-2659	175	13	r.	r.	PROPN
fueconorg-2659	175	14	(	(	PUNCT
fueconorg-2659	175	15	2003	2003	NUM
fueconorg-2659	175	16	)	)	PUNCT
fueconorg-2659	175	17	.	.	PUNCT
fueconorg-2659	176	1	regulations	regulation	NOUN
fueconorg-2659	176	2	,	,	PUNCT
fueconorg-2659	176	3	market	market	NOUN
fueconorg-2659	176	4	structure	structure	NOUN
fueconorg-2659	176	5	,	,	PUNCT
fueconorg-2659	176	6	institutions	institution	NOUN
fueconorg-2659	176	7	,	,	PUNCT
fueconorg-2659	176	8	and	and	CCONJ
fueconorg-2659	176	9	the	the	DET
fueconorg-2659	176	10	cost	cost	NOUN
fueconorg-2659	176	11	of	of	ADP
fueconorg-2659	176	12	financial	financial	ADJ
fueconorg-2659	176	13	intermediation	intermediation	NOUN
fueconorg-2659	176	14	.	.	PUNCT
fueconorg-2659	177	1	working	work	VERB
fueconorg-2659	177	2	paper	paper	NOUN
fueconorg-2659	177	3	9890	9890	NUM
fueconorg-2659	177	4	.	.	PUNCT
fueconorg-2659	178	1	national	national	PROPN
fueconorg-2659	178	2	bureau	bureau	PROPN
fueconorg-2659	178	3	of	of	ADP
fueconorg-2659	178	4	economic	economic	ADJ
fueconorg-2659	178	5	research	research	NOUN
fueconorg-2659	178	6	.	.	PUNCT
fueconorg-2659	179	1	demsetz	demsetz	VERB
fueconorg-2659	179	2	,	,	PUNCT
fueconorg-2659	179	3	h.	h.	PROPN
fueconorg-2659	179	4	(	(	PUNCT
fueconorg-2659	179	5	1973	1973	NUM
fueconorg-2659	179	6	)	)	PUNCT
fueconorg-2659	179	7	.	.	PUNCT
fueconorg-2659	180	1	industry	industry	NOUN
fueconorg-2659	180	2	structure	structure	NOUN
fueconorg-2659	180	3	,	,	PUNCT
fueconorg-2659	180	4	market	market	NOUN
fueconorg-2659	180	5	rivalry	rivalry	NOUN
fueconorg-2659	180	6	,	,	PUNCT
fueconorg-2659	180	7	and	and	CCONJ
fueconorg-2659	180	8	public	public	ADJ
fueconorg-2659	180	9	policy	policy	NOUN
fueconorg-2659	180	10	.	.	PUNCT
fueconorg-2659	181	1	journal	journal	NOUN
fueconorg-2659	181	2	of	of	ADP
fueconorg-2659	181	3	law	law	NOUN
fueconorg-2659	181	4	and	and	CCONJ
fueconorg-2659	181	5	economics	economic	NOUN
fueconorg-2659	181	6	,	,	PUNCT
fueconorg-2659	181	7	16	16	NUM
fueconorg-2659	181	8	,	,	PUNCT
fueconorg-2659	181	9	1	1	NUM
fueconorg-2659	181	10	-	-	SYM
fueconorg-2659	181	11	9	9	NUM
fueconorg-2659	181	12	.	.	PUNCT
fueconorg-2659	181	13	drake	drake	PROPN
fueconorg-2659	181	14	,	,	PUNCT
fueconorg-2659	181	15	l.	l.	PROPN
fueconorg-2659	181	16	&	&	CCONJ
fueconorg-2659	181	17	hall	hall	PROPN
fueconorg-2659	181	18	,	,	PUNCT
fueconorg-2659	181	19	m.	m.	PROPN
fueconorg-2659	181	20	j.	j.	PROPN
fueconorg-2659	181	21	b.	b.	PROPN
fueconorg-2659	181	22	(	(	PUNCT
fueconorg-2659	181	23	2003	2003	NUM
fueconorg-2659	181	24	)	)	PUNCT
fueconorg-2659	181	25	.	.	PUNCT
fueconorg-2659	182	1	efficiency	efficiency	NOUN
fueconorg-2659	182	2	in	in	ADP
fueconorg-2659	182	3	japanese	japanese	ADJ
fueconorg-2659	182	4	banking	banking	NOUN
fueconorg-2659	182	5	:	:	PUNCT
fueconorg-2659	182	6	an	an	DET
fueconorg-2659	182	7	empirical	empirical	ADJ
fueconorg-2659	182	8	analysis	analysis	NOUN
fueconorg-2659	182	9	.	.	PUNCT
fueconorg-2659	183	1	journal	journal	NOUN
fueconorg-2659	183	2	of	of	ADP
fueconorg-2659	183	3	banking	banking	NOUN
fueconorg-2659	183	4	&	&	CCONJ
fueconorg-2659	183	5	finance	finance	PROPN
fueconorg-2659	183	6	,	,	PUNCT
fueconorg-2659	183	7	27	27	NUM
fueconorg-2659	183	8	,	,	PUNCT
fueconorg-2659	183	9	891	891	NUM
fueconorg-2659	183	10	-	-	SYM
fueconorg-2659	183	11	917	917	NUM
fueconorg-2659	183	12	.	.	PUNCT
fueconorg-2659	184	1	ferreira	ferreira	PROPN
fueconorg-2659	184	2	,	,	PUNCT
fueconorg-2659	184	3	c.	c.	PROPN
fueconorg-2659	184	4	(	(	PUNCT
fueconorg-2659	184	5	2012	2012	NUM
fueconorg-2659	184	6	)	)	PUNCT
fueconorg-2659	184	7	.	.	PUNCT
fueconorg-2659	185	1	bank	bank	NOUN
fueconorg-2659	185	2	efficiency	efficiency	NOUN
fueconorg-2659	185	3	,	,	PUNCT
fueconorg-2659	185	4	market	market	NOUN
fueconorg-2659	185	5	concentration	concentration	NOUN
fueconorg-2659	185	6	and	and	CCONJ
fueconorg-2659	185	7	economic	economic	ADJ
fueconorg-2659	185	8	growth	growth	NOUN
fueconorg-2659	185	9	in	in	ADP
fueconorg-2659	185	10	european	european	PROPN
fueconorg-2659	185	11	union	union	PROPN
fueconorg-2659	185	12	.	.	PUNCT
fueconorg-2659	186	1	working	work	VERB
fueconorg-2659	186	2	papers	paper	NOUN
fueconorg-2659	186	3	issn	issn	VERB
fueconorg-2659	186	4	0874	0874	NUM
fueconorg-2659	186	5	-	-	SYM
fueconorg-2659	186	6	4548	4548	NUM
fueconorg-2659	186	7	.	.	PUNCT
fueconorg-2659	187	1	school	school	NOUN
fueconorg-2659	187	2	of	of	ADP
fueconorg-2659	187	3	economics	economic	NOUN
fueconorg-2659	187	4	and	and	CCONJ
fueconorg-2659	187	5	management	management	NOUN
fueconorg-2659	187	6	,	,	PUNCT
fueconorg-2659	187	7	technical	technical	ADJ
fueconorg-2659	187	8	university	university	PROPN
fueconorg-2659	187	9	of	of	ADP
fueconorg-2659	187	10	lisbon	lisbon	PROPN
fueconorg-2659	187	11	.	.	PUNCT
fueconorg-2659	188	1	ljumović	ljumović	PROPN
fueconorg-2659	188	2	,	,	PUNCT
fueconorg-2659	188	3	i.	i.	NOUN
fueconorg-2659	188	4	,	,	PUNCT
fueconorg-2659	188	5	marinković	marinković	PROPN
fueconorg-2659	188	6	,	,	PUNCT
fueconorg-2659	188	7	s.	s.	PROPN
fueconorg-2659	188	8	&	&	CCONJ
fueconorg-2659	188	9	pejović	pejović	PROPN
fueconorg-2659	188	10	,	,	PUNCT
fueconorg-2659	188	11	b.	b.	PROPN
fueconorg-2659	188	12	(	(	PUNCT
fueconorg-2659	188	13	2011	2011	NUM
fueconorg-2659	188	14	)	)	PUNCT
fueconorg-2659	188	15	.	.	PUNCT
fueconorg-2659	189	1	efikasnost	efikasnost	VERB
fueconorg-2659	190	1	i	i	PRON
fueconorg-2659	190	2	profitabilnost	profitabilnost	AUX
fueconorg-2659	190	3	banaka	banaka	ADV
fueconorg-2659	190	4	–	–	PUNCT
fueconorg-2659	190	5	koliko	koliko	PROPN
fueconorg-2659	190	6	su	su	PROPN
fueconorg-2659	190	7	koncepti	koncepti	PROPN
fueconorg-2659	190	8	međusobno	međusobno	PROPN
fueconorg-2659	190	9	isključivi	isključivi	PROPN
fueconorg-2659	190	10	?	?	PUNCT
fueconorg-2659	191	1	[	[	X
fueconorg-2659	191	2	efficiency	efficiency	NOUN
fueconorg-2659	191	3	and	and	CCONJ
fueconorg-2659	191	4	profitability	profitability	NOUN
fueconorg-2659	191	5	of	of	ADP
fueconorg-2659	191	6	banks	bank	NOUN
fueconorg-2659	191	7	–	–	PUNCT
fueconorg-2659	191	8	how	how	SCONJ
fueconorg-2659	191	9	many	many	ADJ
fueconorg-2659	191	10	concepts	concept	NOUN
fueconorg-2659	191	11	are	be	AUX
fueconorg-2659	191	12	mutually	mutually	ADV
fueconorg-2659	191	13	exclusive	exclusive	ADJ
fueconorg-2659	191	14	?	?	PUNCT
fueconorg-2659	191	15	]	]	PUNCT
fueconorg-2659	191	16	.	.	PUNCT
fueconorg-2659	192	1	retrieved	retrieve	VERB
fueconorg-2659	192	2	from	from	ADP
fueconorg-2659	192	3	:	:	PUNCT
fueconorg-2659	192	4	http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2011/0350-03731104043l.pdf	http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2011/0350-03731104043l.pdf	NOUN
fueconorg-2659	192	5	,	,	PUNCT
fueconorg-2659	192	6	accessed	access	VERB
fueconorg-2659	192	7	on	on	ADP
fueconorg-2659	192	8	:	:	PUNCT
fueconorg-2659	192	9	20	20	NUM
fueconorg-2659	192	10	september	september	PROPN
fueconorg-2659	192	11	2016	2016	NUM
fueconorg-2659	192	12	.	.	PUNCT
fueconorg-2659	193	1	marinković	marinković	ADJ
fueconorg-2659	193	2	,	,	PUNCT
fueconorg-2659	193	3	m.	m.	NOUN
fueconorg-2659	193	4	(	(	PUNCT
fueconorg-2659	193	5	2012	2012	NUM
fueconorg-2659	193	6	)	)	PUNCT
fueconorg-2659	193	7	.	.	PUNCT
fueconorg-2659	194	1	nivo	nivo	PROPN
fueconorg-2659	194	2	koncentracije	koncentracije	PROPN
fueconorg-2659	194	3	u	u	PROPN
fueconorg-2659	194	4	bankarskom	bankarskom	VERB
fueconorg-2659	194	5	sektoru	sektoru	NOUN
fueconorg-2659	194	6	srbije	srbije	PROPN
fueconorg-2659	195	1	[	[	X
fueconorg-2659	195	2	the	the	DET
fueconorg-2659	195	3	level	level	NOUN
fueconorg-2659	195	4	of	of	ADP
fueconorg-2659	195	5	concentration	concentration	NOUN
fueconorg-2659	195	6	in	in	ADP
fueconorg-2659	195	7	the	the	DET
fueconorg-2659	195	8	banking	banking	NOUN
fueconorg-2659	195	9	sector	sector	NOUN
fueconorg-2659	195	10	of	of	ADP
fueconorg-2659	195	11	serbia	serbia	PROPN
fueconorg-2659	195	12	]	]	PUNCT
fueconorg-2659	195	13	.	.	PUNCT
fueconorg-2659	196	1	makroekonomske	makroekonomske	PROPN
fueconorg-2659	196	2	analize	analize	PROPN
fueconorg-2659	196	3	i	i	PRON
fueconorg-2659	196	4	trendovi	trendovi	VERB
fueconorg-2659	196	5	,	,	PUNCT
fueconorg-2659	196	6	novembar	novembar	ADJ
fueconorg-2659	196	7	,	,	PUNCT
fueconorg-2659	196	8	39	39	NUM
fueconorg-2659	196	9	-	-	SYM
fueconorg-2659	196	10	40	40	NUM
fueconorg-2659	196	11	.	.	PUNCT
fueconorg-2659	197	1	petrović	petrović	PROPN
fueconorg-2659	197	2	,	,	PUNCT
fueconorg-2659	197	3	s.	s.	PROPN
fueconorg-2659	197	4	&	&	CCONJ
fueconorg-2659	197	5	ružić	ružić	PROPN
fueconorg-2659	197	6	,	,	PUNCT
fueconorg-2659	197	7	t.	t.	PROPN
fueconorg-2659	197	8	(	(	PUNCT
fueconorg-2659	197	9	2001	2001	NUM
fueconorg-2659	197	10	)	)	PUNCT
fueconorg-2659	197	11	.	.	PUNCT
fueconorg-2659	198	1	koncentracija	koncentracija	VERB
fueconorg-2659	198	2	banaka	banaka	PUNCT
fueconorg-2659	199	1	[	[	X
fueconorg-2659	199	2	the	the	DET
fueconorg-2659	199	3	concentration	concentration	NOUN
fueconorg-2659	199	4	of	of	ADP
fueconorg-2659	199	5	banks	bank	NOUN
fueconorg-2659	199	6	]	]	PUNCT
fueconorg-2659	199	7	.	.	PUNCT
fueconorg-2659	200	1	hrvatska	hrvatska	PROPN
fueconorg-2659	200	2	pravna	pravna	PROPN
fueconorg-2659	200	3	revija	revija	PROPN
fueconorg-2659	200	4	,	,	PUNCT
fueconorg-2659	200	5	br	br	PROPN
fueconorg-2659	200	6	.	.	PUNCT
fueconorg-2659	201	1	9/2001	9/2001	PROPN
fueconorg-2659	201	2	.	.	PUNCT
fueconorg-2659	201	3	stojanović	stojanović	PROPN
fueconorg-2659	201	4	,	,	PUNCT
fueconorg-2659	201	5	b.	b.	PROPN
fueconorg-2659	201	6	,	,	PUNCT
fueconorg-2659	201	7	stanišić	stanišić	ADJ
fueconorg-2659	201	8	,	,	PUNCT
fueconorg-2659	201	9	t.	t.	PROPN
fueconorg-2659	201	10	&	&	CCONJ
fueconorg-2659	201	11	veličković	veličković	PROPN
fueconorg-2659	201	12	,	,	PUNCT
fueconorg-2659	201	13	m.	m.	NOUN
fueconorg-2659	201	14	(	(	PUNCT
fueconorg-2659	201	15	2010	2010	NUM
fueconorg-2659	201	16	)	)	PUNCT
fueconorg-2659	201	17	.	.	PUNCT
fueconorg-2659	202	1	problem	problem	NOUN
fueconorg-2659	202	2	zaštite	zaštite	NOUN
fueconorg-2659	202	3	konkurencije	konkurencije	VERB
fueconorg-2659	202	4	u	u	NOUN
fueconorg-2659	202	5	trgovini	trgovini	NOUN
fueconorg-2659	202	6	na	na	PROPN
fueconorg-2659	202	7	malo	malo	PROPN
fueconorg-2659	202	8	u	u	PROPN
fueconorg-2659	202	9	srbiji	srbiji	NOUN
fueconorg-2659	203	1	[	[	X
fueconorg-2659	203	2	the	the	DET
fueconorg-2659	203	3	problem	problem	NOUN
fueconorg-2659	203	4	of	of	ADP
fueconorg-2659	203	5	protecting	protect	VERB
fueconorg-2659	203	6	competition	competition	NOUN
fueconorg-2659	203	7	in	in	ADP
fueconorg-2659	203	8	retail	retail	NOUN
fueconorg-2659	203	9	in	in	ADP
fueconorg-2659	203	10	serbia	serbia	PROPN
fueconorg-2659	203	11	]	]	PUNCT
fueconorg-2659	203	12	.	.	PUNCT
fueconorg-2659	204	1	škola	škola	PROPN
fueconorg-2659	204	2	biznisa	biznisa	PROPN
fueconorg-2659	204	3	,	,	PUNCT
fueconorg-2659	204	4	3/2010	3/2010	NUM
fueconorg-2659	204	5	,	,	PUNCT
fueconorg-2659	204	6	57	57	NUM
fueconorg-2659	204	7	-	-	SYM
fueconorg-2659	204	8	66	66	NUM
fueconorg-2659	204	9	.	.	PUNCT
fueconorg-2659	205	1	stojanović	stojanović	PROPN
fueconorg-2659	205	2	,	,	PUNCT
fueconorg-2659	205	3	b.	b.	PROPN
fueconorg-2659	205	4	&	&	CCONJ
fueconorg-2659	205	5	kostić	kostić	PROPN
fueconorg-2659	205	6	,	,	PUNCT
fueconorg-2659	205	7	m.	m.	NOUN
fueconorg-2659	205	8	(	(	PUNCT
fueconorg-2659	205	9	2013	2013	NUM
fueconorg-2659	205	10	)	)	PUNCT
fueconorg-2659	205	11	.	.	PUNCT
fueconorg-2659	206	1	competition	competition	NOUN
fueconorg-2659	206	2	condition	condition	NOUN
fueconorg-2659	206	3	and	and	CCONJ
fueconorg-2659	206	4	the	the	DET
fueconorg-2659	206	5	impact	impact	NOUN
fueconorg-2659	206	6	of	of	ADP
fueconorg-2659	206	7	market	market	NOUN
fueconorg-2659	206	8	share	share	NOUN
fueconorg-2659	206	9	on	on	ADP
fueconorg-2659	206	10	firms	firm	NOUN
fueconorg-2659	206	11	’	’	PART
fueconorg-2659	206	12	profitability	profitability	NOUN
fueconorg-2659	206	13	.	.	PUNCT
fueconorg-2659	207	1	ekonomika	ekonomika	PROPN
fueconorg-2659	207	2	preduzeća	preduzeća	ADV
fueconorg-2659	208	1	(	(	PUNCT
fueconorg-2659	208	2	pp.325	pp.325	PROPN
fueconorg-2659	208	3	-	-	NOUN
fueconorg-2659	208	4	338	338	NUM
fueconorg-2659	208	5	)	)	PUNCT
fueconorg-2659	208	6	.	.	PUNCT
fueconorg-2659	209	1	yu	yu	PROPN
fueconorg-2659	209	2	issn	issn	PROPN
fueconorg-2659	209	3	0353	0353	NUM
fueconorg-2659	209	4	-	-	SYM
fueconorg-2659	209	5	433	433	NUM
fueconorg-2659	209	6	x	x	NOUN
fueconorg-2659	209	7	,	,	PUNCT
fueconorg-2659	209	8	serbian	serbian	ADJ
fueconorg-2659	209	9	association	association	NOUN
fueconorg-2659	209	10	of	of	ADP
fueconorg-2659	209	11	economists	economist	NOUN
fueconorg-2659	209	12	journal	journal	PROPN
fueconorg-2659	209	13	of	of	ADP
fueconorg-2659	209	14	business	business	NOUN
fueconorg-2659	209	15	economics	economic	NOUN
fueconorg-2659	209	16	and	and	CCONJ
fueconorg-2659	209	17	management	management	NOUN
fueconorg-2659	209	18	.	.	PUNCT
fueconorg-2659	210	1	http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.198.7983&rep=rep1&type=pdf	http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.198.7983&rep=rep1&type=pdf	ADJ
fueconorg-2659	210	2	http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.198.7983&rep=rep1&type=pdf	http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.198.7983&rep=rep1&type=pdf	PROPN
fueconorg-2659	210	3	http://siteresources.worldbank.org/dec/resources/84797-1114437274304/final.pdf	http://siteresources.worldbank.org/dec/resources/84797-1114437274304/final.pdf	PROPN
fueconorg-2659	210	4	http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2011/0350-03731104043l.pdf	http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2011/0350-03731104043l.pdf	ADJ
fueconorg-2659	210	5	concentration	concentration	NOUN
fueconorg-2659	210	6	effect	effect	NOUN
fueconorg-2659	210	7	on	on	ADP
fueconorg-2659	210	8	the	the	DET
fueconorg-2659	210	9	efficiency	efficiency	NOUN
fueconorg-2659	210	10	of	of	ADP
fueconorg-2659	210	11	banking	banking	NOUN
fueconorg-2659	210	12	sector	sector	NOUN
fueconorg-2659	210	13	in	in	ADP
fueconorg-2659	210	14	the	the	DET
fueconorg-2659	210	15	republic	republic	NOUN
fueconorg-2659	210	16	of	of	ADP
fueconorg-2659	210	17	serbia	serbia	PROPN
fueconorg-2659	210	18	289	289	NUM
fueconorg-2659	210	19	uticaj	uticaj	NOUN
fueconorg-2659	210	20	koncentracije	koncentracije	NOUN
fueconorg-2659	210	21	na	na	ADV
fueconorg-2659	210	22	efikasnost	efikasnost	VERB
fueconorg-2659	210	23	bankarskog	bankarskog	NOUN
fueconorg-2659	210	24	sektora	sektora	PROPN
fueconorg-2659	210	25	republike	republike	PROPN
fueconorg-2659	210	26	srbije	srbije	PROPN
fueconorg-2659	210	27	za	za	PROPN
fueconorg-2659	210	28	kvalitetnu	kvalitetnu	PROPN
fueconorg-2659	210	29	analizu	analizu	PROPN
fueconorg-2659	210	30	uticaja	uticaja	PROPN
fueconorg-2659	210	31	koncentracije	koncentracije	PROPN
fueconorg-2659	210	32	specifične	specifične	PROPN
fueconorg-2659	210	33	delatnosti	delatnosti	PROPN
fueconorg-2659	210	34	,	,	PUNCT
fueconorg-2659	210	35	kao	kao	PROPN
fueconorg-2659	210	36	što	što	PROPN
fueconorg-2659	210	37	je	je	PROPN
fueconorg-2659	210	38	bankarstvo	bankarstvo	PROPN
fueconorg-2659	210	39	,	,	PUNCT
fueconorg-2659	210	40	na	na	PROPN
fueconorg-2659	210	41	ostala	ostala	PROPN
fueconorg-2659	210	42	kretanja	kretanja	PROPN
fueconorg-2659	210	43	u	u	PROPN
fueconorg-2659	210	44	bankarskom	bankarskom	VERB
fueconorg-2659	210	45	sektoru	sektoru	NOUN
fueconorg-2659	210	46	neophodno	neophodno	PROPN
fueconorg-2659	210	47	je	je	PROPN
fueconorg-2659	210	48	njeno	njeno	PROPN
fueconorg-2659	210	49	precizno	precizno	PROPN
fueconorg-2659	210	50	merenje	merenje	PROPN
fueconorg-2659	210	51	.	.	PUNCT
fueconorg-2659	211	1	usled	usle	VERB
fueconorg-2659	211	2	transformacije	transformacije	NOUN
fueconorg-2659	211	3	bankarskog	bankarskog	PROPN
fueconorg-2659	211	4	sektora	sektora	PROPN
fueconorg-2659	211	5	u	u	PROPN
fueconorg-2659	211	6	republici	republici	PROPN
fueconorg-2659	211	7	srbiji	srbiji	NOUN
fueconorg-2659	211	8	,	,	PUNCT
fueconorg-2659	211	9	u	u	NOUN
fueconorg-2659	211	10	relativno	relativno	NOUN
fueconorg-2659	211	11	kratkom	kratkom	PROPN
fueconorg-2659	211	12	vremenskom	vremenskom	PROPN
fueconorg-2659	211	13	intervalu	intervalu	PROPN
fueconorg-2659	211	14	,	,	PUNCT
fueconorg-2659	211	15	došlo	došlo	NOUN
fueconorg-2659	211	16	je	je	NOUN
fueconorg-2659	211	17	do	do	AUX
fueconorg-2659	211	18	značajnog	značajnog	NOUN
fueconorg-2659	211	19	smanjenja	smanjenja	ADJ
fueconorg-2659	211	20	broja	broja	NOUN
fueconorg-2659	211	21	banaka	banaka	ADP
fueconorg-2659	212	1	i	i	PRON
fueconorg-2659	212	2	povećanja	povećanja	ADJ
fueconorg-2659	212	3	koncentracije	koncentracije	NOUN
fueconorg-2659	212	4	.	.	PUNCT
fueconorg-2659	213	1	sa	sa	PROPN
fueconorg-2659	213	2	druge	druge	PROPN
fueconorg-2659	213	3	strane	strane	PROPN
fueconorg-2659	213	4	,	,	PUNCT
fueconorg-2659	213	5	ključni	ključni	NOUN
fueconorg-2659	213	6	faktor	faktor	PROPN
fueconorg-2659	213	7	za	za	PROPN
fueconorg-2659	213	8	opstanak	opstanak	PROPN
fueconorg-2659	213	9	banaka	banaka	ADP
fueconorg-2659	213	10	na	na	AUX
fueconorg-2659	213	11	tržištu	tržištu	PROPN
fueconorg-2659	213	12	postala	postala	PROPN
fueconorg-2659	213	13	je	je	PROPN
fueconorg-2659	213	14	efikasnost	efikasnost	PROPN
fueconorg-2659	213	15	poslovanja	poslovanja	PROPN
fueconorg-2659	213	16	.	.	PUNCT
fueconorg-2659	214	1	u	u	PROPN
fueconorg-2659	214	2	radu	radu	PROPN
fueconorg-2659	214	3	je	je	X
fueconorg-2659	214	4	koncentracija	koncentracija	PROPN
fueconorg-2659	214	5	merena	merena	PROPN
fueconorg-2659	214	6	herfindahl	herfindahl	NOUN
fueconorg-2659	214	7	-	-	PUNCT
fueconorg-2659	214	8	hirscham	hirscham	NOUN
fueconorg-2659	214	9	-	-	PUNCT
fueconorg-2659	214	10	ovim	ovim	NOUN
fueconorg-2659	214	11	indeksom	indeksom	NOUN
fueconorg-2659	214	12	,	,	PUNCT
fueconorg-2659	214	13	dok	dok	PROPN
fueconorg-2659	214	14	je	je	PROPN
fueconorg-2659	214	15	stepen	stepen	PROPN
fueconorg-2659	214	16	efikasnosti	efikasnosti	PROPN
fueconorg-2659	214	17	određen	određen	PROPN
fueconorg-2659	215	1	količnikom	količnikom	PROPN
fueconorg-2659	215	2	troškova	troškova	PROPN
fueconorg-2659	215	3	i	i	PRON
fueconorg-2659	215	4	prihoda	prihoda	AUX
fueconorg-2659	215	5	(	(	PUNCT
fueconorg-2659	215	6	cost	cost	NOUN
fueconorg-2659	215	7	to	to	PART
fueconorg-2659	215	8	income	income	NOUN
fueconorg-2659	215	9	ratio	ratio	NOUN
fueconorg-2659	215	10	)	)	PUNCT
fueconorg-2659	215	11	.	.	PUNCT
fueconorg-2659	216	1	pomoću	pomoću	PROPN
fueconorg-2659	216	2	linearne	linearne	PROPN
fueconorg-2659	216	3	korelacije	korelacije	PROPN
fueconorg-2659	216	4	i	i	PRON
fueconorg-2659	216	5	regresione	regresione	NOUN
fueconorg-2659	216	6	analize	analize	VERB
fueconorg-2659	216	7	ispitana	ispitana	PROPN
fueconorg-2659	216	8	je	je	PROPN
fueconorg-2659	216	9	povezanost	povezanost	PROPN
fueconorg-2659	216	10	između	između	NOUN
fueconorg-2659	216	11	stepena	stepena	NOUN
fueconorg-2659	217	1	koncentracije	koncentracije	NOUN
fueconorg-2659	217	2	i	i	PRON
fueconorg-2659	217	3	nivoa	nivoa	X
fueconorg-2659	217	4	efikasnosti	efikasnosti	PROPN
fueconorg-2659	217	5	bankarskog	bankarskog	PROPN
fueconorg-2659	217	6	sektora	sektora	PROPN
fueconorg-2659	218	1	republike	republike	PROPN
fueconorg-2659	218	2	srbije	srbije	PROPN
fueconorg-2659	218	3	u	u	PROPN
fueconorg-2659	218	4	vremenskom	vremenskom	NOUN
fueconorg-2659	218	5	intervalu	intervalu	PROPN
fueconorg-2659	218	6	od	od	PROPN
fueconorg-2659	218	7	2008	2008	NUM
fueconorg-2659	218	8	.	.	PUNCT
fueconorg-2659	219	1	do	do	VERB
fueconorg-2659	219	2	2015	2015	NUM
fueconorg-2659	219	3	.	.	PUNCT
fueconorg-2659	220	1	godine	godine	PROPN
fueconorg-2659	220	2	,	,	PUNCT
fueconorg-2659	220	3	kojima	kojima	PROPN
fueconorg-2659	220	4	je	je	PROPN
fueconorg-2659	220	5	potvrđeno	potvrđeno	PROPN
fueconorg-2659	220	6	postojanje	postojanje	PROPN
fueconorg-2659	220	7	jake	jake	PROPN
fueconorg-2659	220	8	veze	veze	PROPN
fueconorg-2659	220	9	između	između	VERB
fueconorg-2659	220	10	ovih	ovih	ADJ
fueconorg-2659	220	11	varijabli	varijabli	PROPN
fueconorg-2659	220	12	.	.	PUNCT
fueconorg-2659	221	1	ključne	ključne	PROPN
fueconorg-2659	221	2	reči	reči	NOUN
fueconorg-2659	221	3	:	:	PUNCT
fueconorg-2659	221	4	koncentracija	koncentracija	NOUN
fueconorg-2659	221	5	,	,	PUNCT
fueconorg-2659	221	6	efikasnost	efikasnost	ADJ
fueconorg-2659	221	7	,	,	PUNCT
fueconorg-2659	221	8	bankarski	bankarski	PROPN
fueconorg-2659	221	9	sektor	sektor	PROPN
fueconorg-2659	221	10	,	,	PUNCT
fueconorg-2659	221	11	republika	republika	PROPN
fueconorg-2659	221	12	srbija	srbija	PROPN