id	sid	tid	token	lemma	pos
faba-11	1	1	1	1	NUM
faba-11	1	2	finance	finance	NOUN
faba-11	1	3	,	,	PUNCT
faba-11	1	4	accounting	accounting	NOUN
faba-11	1	5	and	and	CCONJ
faba-11	1	6	business	business	NOUN
faba-11	1	7	analysis	analysis	NOUN
faba-11	1	8	volume	volume	NOUN
faba-11	1	9	1	1	NUM
faba-11	1	10	issue	issue	NOUN
faba-11	1	11	1	1	NUM
faba-11	1	12	,	,	PUNCT
faba-11	1	13	2019	2019	NUM
faba-11	1	14	the	the	DET
faba-11	1	15	dynamic	dynamic	ADJ
faba-11	1	16	relationship	relationship	NOUN
faba-11	1	17	between	between	ADP
faba-11	1	18	trading	trading	NOUN
faba-11	1	19	volume	volume	NOUN
faba-11	1	20	,	,	PUNCT
faba-11	1	21	stock	stock	NOUN
faba-11	1	22	return	return	NOUN
faba-11	1	23	,	,	PUNCT
faba-11	1	24	and	and	CCONJ
faba-11	1	25	volatility	volatility	NOUN
faba-11	1	26	-	-	PUNCT
faba-11	1	27	domestic	domestic	ADJ
faba-11	1	28	and	and	CCONJ
faba-11	1	29	cross	cross	NOUN
faba-11	1	30	-	-	NOUN
faba-11	1	31	country	country	NOUN
faba-11	1	32	:	:	PUNCT
faba-11	1	33	south	south	ADJ
faba-11	1	34	asian	asian	ADJ
faba-11	1	35	markets	market	NOUN
faba-11	1	36	m.r	m.r	PROPN
faba-11	1	37	.	.	PROPN
faba-11	1	38	miseman1	miseman1	PROPN
faba-11	1	39	,	,	PUNCT
faba-11	1	40	m.h	m.h	PROPN
faba-11	1	41	.	.	PROPN
faba-11	1	42	yahya2	yahya2	PROPN
faba-11	1	43	,	,	PUNCT
faba-11	1	44	hasri	hasri	PROPN
faba-11	1	45	mustafa3	mustafa3	NOUN
faba-11	1	46	,	,	PUNCT
faba-11	1	47	yok	yok	PROPN
faba-11	1	48	-	-	PUNCT
faba-11	1	49	yong	yong	PROPN
faba-11	1	50	lee4	lee4	PROPN
faba-11	1	51	putra	putra	PROPN
faba-11	1	52	business	business	PROPN
faba-11	1	53	school	school	PROPN
faba-11	1	54	,	,	PUNCT
faba-11	1	55	university	university	NOUN
faba-11	1	56	putra	putra	PROPN
faba-11	1	57	malaysia1&4	malaysia1&4	PROPN
faba-11	1	58	faculty	faculty	NOUN
faba-11	1	59	of	of	ADP
faba-11	1	60	economy	economy	NOUN
faba-11	1	61	and	and	CCONJ
faba-11	1	62	management	management	NOUN
faba-11	1	63	,	,	PUNCT
faba-11	1	64	universuty	universuty	ADJ
faba-11	1	65	putra	putra	PROPN
faba-11	1	66	malaysia2&3	malaysia2&3	PROPN
faba-11	1	67	info	info	NOUN
faba-11	1	68	articles	article	NOUN
faba-11	1	69	abstract	abstract	ADJ
faba-11	1	70	history	history	NOUN
faba-11	1	71	article	article	NOUN
faba-11	1	72	:	:	PUNCT
faba-11	1	73	received	receive	VERB
faba-11	1	74	25	25	NUM
faba-11	1	75	may	may	PROPN
faba-11	1	76	2018	2018	NUM
faba-11	1	77	accepted	accept	VERB
faba-11	1	78	1	1	NUM
faba-11	1	79	december	december	PROPN
faba-11	1	80	2018	2018	NUM
faba-11	1	81	published	publish	VERB
faba-11	1	82	29	29	NUM
faba-11	1	83	january	january	PROPN
faba-11	1	84	2019	2019	NUM
faba-11	1	85	this	this	DET
faba-11	1	86	paper	paper	NOUN
faba-11	1	87	examines	examine	VERB
faba-11	1	88	the	the	DET
faba-11	1	89	contemporaneous	contemporaneous	ADJ
faba-11	1	90	and	and	CCONJ
faba-11	1	91	dynamic	dynamic	ADJ
faba-11	1	92	relationships	relationship	NOUN
faba-11	1	93	among	among	ADP
faba-11	1	94	trading	trading	NOUN
faba-11	1	95	volumes	volume	NOUN
faba-11	1	96	,	,	PUNCT
faba-11	1	97	stock	stock	NOUN
faba-11	1	98	returns	return	NOUN
faba-11	1	99	and	and	CCONJ
faba-11	1	100	return	return	VERB
faba-11	1	101	volatility	volatility	NOUN
faba-11	1	102	for	for	ADP
faba-11	1	103	three	three	NUM
faba-11	1	104	emerging	emerge	VERB
faba-11	1	105	markets	market	NOUN
faba-11	1	106	in	in	ADP
faba-11	1	107	southeast	southeast	PROPN
faba-11	1	108	asia	asia	PROPN
faba-11	1	109	,	,	PUNCT
faba-11	1	110	which	which	PRON
faba-11	1	111	are	be	AUX
faba-11	1	112	malaysia	malaysia	PROPN
faba-11	1	113	,	,	PUNCT
faba-11	1	114	indonesia	indonesia	PROPN
faba-11	1	115	and	and	CCONJ
faba-11	1	116	singapore	singapore	PROPN
faba-11	1	117	.	.	PUNCT
faba-11	2	1	tests	test	NOUN
faba-11	2	2	on	on	ADP
faba-11	2	3	both	both	DET
faba-11	2	4	intraand	intraand	NOUN
faba-11	2	5	intermarket	intermarket	NOUN
faba-11	2	6	relationships	relationship	NOUN
faba-11	2	7	between	between	ADP
faba-11	2	8	the	the	DET
faba-11	2	9	variables	variable	NOUN
faba-11	2	10	are	be	AUX
faba-11	2	11	conducted	conduct	VERB
faba-11	2	12	to	to	PART
faba-11	2	13	determine	determine	VERB
faba-11	2	14	whether	whether	SCONJ
faba-11	2	15	they	they	PRON
faba-11	2	16	are	be	AUX
faba-11	2	17	interrelated	interrelate	VERB
faba-11	2	18	within	within	ADP
faba-11	2	19	the	the	DET
faba-11	2	20	same	same	ADJ
faba-11	2	21	market	market	NOUN
faba-11	2	22	and	and	CCONJ
faba-11	2	23	across	across	ADP
faba-11	2	24	the	the	DET
faba-11	2	25	markets	market	NOUN
faba-11	2	26	.	.	PUNCT
faba-11	3	1	the	the	DET
faba-11	3	2	paper	paper	NOUN
faba-11	3	3	also	also	ADV
faba-11	3	4	applies	apply	VERB
faba-11	3	5	garch	garch	NOUN
faba-11	3	6	technique	technique	NOUN
faba-11	3	7	to	to	PART
faba-11	3	8	model	model	VERB
faba-11	3	9	the	the	DET
faba-11	3	10	volatility	volatility	NOUN
faba-11	3	11	of	of	ADP
faba-11	3	12	returns	return	NOUN
faba-11	3	13	for	for	ADP
faba-11	3	14	the	the	DET
faba-11	3	15	three	three	NUM
faba-11	3	16	stock	stock	NOUN
faba-11	3	17	markets	market	NOUN
faba-11	3	18	of	of	ADP
faba-11	3	19	concern	concern	NOUN
faba-11	3	20	.	.	PUNCT
faba-11	4	1	the	the	DET
faba-11	4	2	study	study	NOUN
faba-11	4	3	finds	find	VERB
faba-11	4	4	strong	strong	ADJ
faba-11	4	5	evidence	evidence	NOUN
faba-11	4	6	of	of	ADP
faba-11	4	7	asymmetry	asymmetry	NOUN
faba-11	4	8	in	in	ADP
faba-11	4	9	the	the	DET
faba-11	4	10	relationship	relationship	NOUN
faba-11	4	11	between	between	ADP
faba-11	4	12	the	the	DET
faba-11	4	13	stock	stock	NOUN
faba-11	4	14	returns	return	NOUN
faba-11	4	15	and	and	CCONJ
faba-11	4	16	trading	trading	NOUN
faba-11	4	17	volume	volume	NOUN
faba-11	4	18	;	;	PUNCT
faba-11	4	19	whereby	whereby	SCONJ
faba-11	4	20	returns	return	NOUN
faba-11	4	21	are	be	AUX
faba-11	4	22	significant	significant	ADJ
faba-11	4	23	in	in	ADP
faba-11	4	24	predicting	predict	VERB
faba-11	4	25	their	their	PRON
faba-11	4	26	future	future	ADJ
faba-11	4	27	dynamics	dynamic	NOUN
faba-11	4	28	,	,	PUNCT
faba-11	4	29	as	as	ADV
faba-11	4	30	well	well	ADV
faba-11	4	31	as	as	ADP
faba-11	4	32	,	,	PUNCT
faba-11	4	33	the	the	DET
faba-11	4	34	trading	trading	NOUN
faba-11	4	35	volume	volume	NOUN
faba-11	4	36	.	.	PUNCT
faba-11	5	1	however	however	ADV
faba-11	5	2	,	,	PUNCT
faba-11	5	3	trading	trading	NOUN
faba-11	5	4	volume	volume	NOUN
faba-11	5	5	has	have	VERB
faba-11	5	6	a	a	DET
faba-11	5	7	very	very	ADV
faba-11	5	8	limited	limited	ADJ
faba-11	5	9	power	power	NOUN
faba-11	5	10	on	on	ADP
faba-11	5	11	the	the	DET
faba-11	5	12	future	future	ADJ
faba-11	5	13	dynamics	dynamic	NOUN
faba-11	5	14	of	of	ADP
faba-11	5	15	stock	stock	NOUN
faba-11	5	16	returns	return	NOUN
faba-11	5	17	.	.	PUNCT
faba-11	6	1	the	the	DET
faba-11	6	2	study	study	NOUN
faba-11	6	3	also	also	ADV
faba-11	6	4	finds	find	VERB
faba-11	6	5	bidirectional	bidirectional	ADJ
faba-11	6	6	causality	causality	NOUN
faba-11	6	7	between	between	ADP
faba-11	6	8	trading	trading	NOUN
faba-11	6	9	volume	volume	NOUN
faba-11	6	10	and	and	CCONJ
faba-11	6	11	volatility	volatility	NOUN
faba-11	6	12	of	of	ADP
faba-11	6	13	returns	return	NOUN
faba-11	6	14	in	in	ADP
faba-11	6	15	malaysia	malaysia	PROPN
faba-11	6	16	and	and	CCONJ
faba-11	6	17	singapore	singapore	PROPN
faba-11	6	18	.	.	PUNCT
faba-11	7	1	in	in	ADP
faba-11	7	2	particular	particular	ADJ
faba-11	7	3	,	,	PUNCT
faba-11	7	4	singapore	singapore	PROPN
faba-11	7	5	market	market	NOUN
faba-11	7	6	can	can	AUX
faba-11	7	7	be	be	AUX
faba-11	7	8	perceived	perceive	VERB
faba-11	7	9	as	as	ADP
faba-11	7	10	the	the	DET
faba-11	7	11	focal	focal	ADJ
faba-11	7	12	stock	stock	NOUN
faba-11	7	13	exchange	exchange	NOUN
faba-11	7	14	that	that	PRON
faba-11	7	15	has	have	VERB
faba-11	7	16	cross	cross	ADJ
faba-11	7	17	-	-	ADJ
faba-11	7	18	market	market	ADJ
faba-11	7	19	relationships	relationship	NOUN
faba-11	7	20	with	with	ADP
faba-11	7	21	its	its	PRON
faba-11	7	22	other	other	ADJ
faba-11	7	23	two	two	NUM
faba-11	7	24	neighbors	neighbor	NOUN
faba-11	7	25	.	.	PUNCT
faba-11	8	1	keywords	keyword	NOUN
faba-11	8	2	:	:	PUNCT
faba-11	8	3	stock	stock	NOUN
faba-11	8	4	return	return	NOUN
faba-11	8	5	,	,	PUNCT
faba-11	8	6	volatility	volatility	NOUN
faba-11	8	7	,	,	PUNCT
faba-11	8	8	asean	asean	ADJ
faba-11	8	9	address	address	NOUN
faba-11	8	10	correspondence	correspondence	NOUN
faba-11	8	11	:	:	PUNCT
faba-11	9	1	e	e	X
faba-11	9	2	-	-	NOUN
faba-11	9	3	mail	mail	NOUN
faba-11	9	4	:	:	PUNCT
faba-11	9	5	faroukmusa2013@gmail.com1	faroukmusa2013@gmail.com1	PROPN
faba-11	9	6	,	,	PUNCT
faba-11	9	7	musa.ibn@gmail.com2	musa.ibn@gmail.com2	NOUN
faba-11	9	8	mailto	mailto	NOUN
faba-11	9	9	:	:	PUNCT
faba-11	9	10	faroukmusa2013@gmail.com1	faroukmusa2013@gmail.com1	PROPN
faba-11	9	11	mailto	mailto	PROPN
faba-11	9	12	:	:	PUNCT
faba-11	9	13	faroukmusa2013@gmail.com1	faroukmusa2013@gmail.com1	PROPN
faba-11	9	14	m.r	m.r	PROPN
faba-11	9	15	.	.	PROPN
faba-11	9	16	miseman	miseman	PROPN
faba-11	9	17	et	et	PROPN
faba-11	9	18	al	al	PROPN
faba-11	9	19	.	.	PUNCT
faba-11	9	20	/	/	SYM
faba-11	9	21	finance	finance	NOUN
faba-11	9	22	,	,	PUNCT
faba-11	9	23	accounting	accounting	NOUN
faba-11	9	24	and	and	CCONJ
faba-11	9	25	business	business	NOUN
faba-11	9	26	analisys	analisys	NOUN
faba-11	9	27	2	2	NUM
faba-11	9	28	introduction	introduction	NOUN
faba-11	9	29	trading	trading	NOUN
faba-11	9	30	volume	volume	NOUN
faba-11	9	31	is	be	AUX
faba-11	9	32	an	an	DET
faba-11	9	33	independent	independent	ADJ
faba-11	9	34	variable	variable	NOUN
faba-11	9	35	and	and	CCONJ
faba-11	9	36	can	can	AUX
faba-11	9	37	be	be	AUX
faba-11	9	38	useful	useful	ADJ
faba-11	9	39	in	in	ADP
faba-11	9	40	confirming	confirm	VERB
faba-11	9	41	price	price	NOUN
faba-11	9	42	action	action	NOUN
faba-11	9	43	and	and	CCONJ
faba-11	9	44	measuring	measure	VERB
faba-11	9	45	the	the	DET
faba-11	9	46	strength	strength	NOUN
faba-11	9	47	of	of	ADP
faba-11	9	48	a	a	DET
faba-11	9	49	market	market	NOUN
faba-11	9	50	move	move	NOUN
faba-11	9	51	(	(	PUNCT
faba-11	9	52	pring	pring	NOUN
faba-11	9	53	,	,	PUNCT
faba-11	9	54	2006	2006	NUM
faba-11	9	55	)	)	PUNCT
faba-11	9	56	.	.	PUNCT
faba-11	10	1	it	it	PRON
faba-11	10	2	is	be	AUX
faba-11	10	3	a	a	DET
faba-11	10	4	common	common	ADJ
faba-11	10	5	knowledge	knowledge	NOUN
faba-11	10	6	among	among	ADP
faba-11	10	7	traders	trader	NOUN
faba-11	10	8	that	that	SCONJ
faba-11	10	9	if	if	SCONJ
faba-11	10	10	price	price	NOUN
faba-11	10	11	moves	move	VERB
faba-11	10	12	up	up	ADV
faba-11	10	13	or	or	CCONJ
faba-11	10	14	down	down	ADV
faba-11	10	15	,	,	PUNCT
faba-11	10	16	the	the	DET
faba-11	10	17	perceived	perceive	VERB
faba-11	10	18	strength	strength	NOUN
faba-11	10	19	of	of	ADP
faba-11	10	20	that	that	DET
faba-11	10	21	move	move	NOUN
faba-11	10	22	depends	depend	VERB
faba-11	10	23	on	on	ADP
faba-11	10	24	the	the	DET
faba-11	10	25	volume	volume	NOUN
faba-11	10	26	for	for	ADP
faba-11	10	27	that	that	DET
faba-11	10	28	period	period	NOUN
faba-11	10	29	.	.	PUNCT
faba-11	11	1	there	there	PRON
faba-11	11	2	are	be	VERB
faba-11	11	3	studies	study	NOUN
faba-11	11	4	that	that	PRON
faba-11	11	5	show	show	VERB
faba-11	11	6	using	use	VERB
faba-11	11	7	volume	volume	NOUN
faba-11	11	8	to	to	PART
faba-11	11	9	analyze	analyze	VERB
faba-11	11	10	stocks	stock	NOUN
faba-11	11	11	(	(	PUNCT
faba-11	11	12	assets	asset	NOUN
faba-11	11	13	)	)	PUNCT
faba-11	11	14	can	can	AUX
faba-11	11	15	bolster	bolster	VERB
faba-11	11	16	profits	profit	NOUN
faba-11	11	17	and	and	CCONJ
faba-11	11	18	reduce	reduce	VERB
faba-11	11	19	risk	risk	NOUN
faba-11	11	20	(	(	PUNCT
faba-11	11	21	mitchell	mitchell	NOUN
faba-11	11	22	,	,	PUNCT
faba-11	11	23	2011	2011	NUM
faba-11	11	24	)	)	PUNCT
faba-11	11	25	.	.	PUNCT
faba-11	12	1	volume	volume	NOUN
faba-11	12	2	is	be	AUX
faba-11	12	3	defined	define	VERB
faba-11	12	4	as	as	ADP
faba-11	12	5	the	the	DET
faba-11	12	6	number	number	NOUN
faba-11	12	7	of	of	ADP
faba-11	12	8	shares	share	NOUN
faba-11	12	9	traded	trade	VERB
faba-11	12	10	.	.	PUNCT
faba-11	13	1	assuming	assume	VERB
faba-11	13	2	that	that	SCONJ
faba-11	13	3	investors	investor	NOUN
faba-11	13	4	are	be	AUX
faba-11	13	5	rational	rational	ADJ
faba-11	13	6	,	,	PUNCT
faba-11	13	7	the	the	DET
faba-11	13	8	sale	sale	NOUN
faba-11	13	9	and	and	CCONJ
faba-11	13	10	purchase	purchase	NOUN
faba-11	13	11	of	of	ADP
faba-11	13	12	assets	asset	NOUN
faba-11	13	13	are	be	AUX
faba-11	13	14	mainly	mainly	ADV
faba-11	13	15	driven	drive	VERB
faba-11	13	16	by	by	ADP
faba-11	13	17	news	news	NOUN
faba-11	13	18	and	and	CCONJ
faba-11	13	19	information	information	NOUN
faba-11	13	20	.	.	PUNCT
faba-11	14	1	two	two	NUM
faba-11	14	2	of	of	ADP
faba-11	14	3	the	the	DET
faba-11	14	4	most	most	ADV
faba-11	14	5	widely	widely	ADV
faba-11	14	6	cited	cite	VERB
faba-11	14	7	theories	theory	NOUN
faba-11	14	8	(	(	PUNCT
faba-11	14	9	mixture	mixture	NOUN
faba-11	14	10	of	of	ADP
faba-11	14	11	distribution	distribution	NOUN
faba-11	14	12	hypothesis	hypothesis	NOUN
faba-11	14	13	and	and	CCONJ
faba-11	14	14	sequential	sequential	ADJ
faba-11	14	15	information	information	NOUN
faba-11	14	16	arrival	arrival	NOUN
faba-11	14	17	hypothesis	hypothesis	NOUN
faba-11	14	18	)	)	PUNCT
faba-11	14	19	both	both	PRON
faba-11	14	20	contend	contend	VERB
faba-11	14	21	that	that	SCONJ
faba-11	14	22	trading	trading	NOUN
faba-11	14	23	volume	volume	NOUN
faba-11	14	24	is	be	AUX
faba-11	14	25	a	a	DET
faba-11	14	26	variable	variable	NOUN
faba-11	14	27	that	that	PRON
faba-11	14	28	captures	capture	VERB
faba-11	14	29	information	information	NOUN
faba-11	14	30	and	and	CCONJ
faba-11	14	31	hence	hence	ADV
faba-11	14	32	,	,	PUNCT
faba-11	14	33	factor	factor	NOUN
faba-11	14	34	-	-	PUNCT
faba-11	14	35	in	in	ADP
faba-11	14	36	investors	investor	NOUN
faba-11	14	37	’	'	PUNCT
faba-11	14	38	collective	collective	ADJ
faba-11	14	39	reaction	reaction	NOUN
faba-11	14	40	to	to	ADP
faba-11	14	41	news	news	NOUN
faba-11	14	42	into	into	ADP
faba-11	14	43	the	the	DET
faba-11	14	44	stock	stock	NOUN
faba-11	14	45	price	price	NOUN
faba-11	14	46	(	(	PUNCT
faba-11	14	47	asghar	asghar	PROPN
faba-11	14	48	,	,	PUNCT
faba-11	14	49	2011	2011	NUM
faba-11	14	50	)	)	PUNCT
faba-11	14	51	.	.	PUNCT
faba-11	15	1	after	after	ADV
faba-11	15	2	all	all	ADV
faba-11	15	3	,	,	PUNCT
faba-11	15	4	what	what	PRON
faba-11	15	5	moves	move	VERB
faba-11	15	6	prices	price	NOUN
faba-11	15	7	is	be	AUX
faba-11	15	8	the	the	DET
faba-11	15	9	relative	relative	ADJ
faba-11	15	10	enthusiasm	enthusiasm	NOUN
faba-11	15	11	of	of	ADP
faba-11	15	12	buyers	buyer	NOUN
faba-11	15	13	or	or	CCONJ
faba-11	15	14	sellers	seller	NOUN
faba-11	15	15	in	in	ADP
faba-11	15	16	response	response	NOUN
faba-11	15	17	to	to	ADP
faba-11	15	18	given	give	VERB
faba-11	15	19	information	information	NOUN
faba-11	15	20	(	(	PUNCT
faba-11	15	21	pring	pring	NOUN
faba-11	15	22	,	,	PUNCT
faba-11	15	23	2006	2006	NUM
faba-11	15	24	)	)	PUNCT
faba-11	15	25	.	.	PUNCT
faba-11	16	1	granger	granger	PROPN
faba-11	16	2	and	and	CCONJ
faba-11	16	3	morgenstern	morgenstern	PROPN
faba-11	16	4	(	(	PUNCT
faba-11	16	5	1963	1963	NUM
faba-11	16	6	)	)	PUNCT
faba-11	16	7	was	be	AUX
faba-11	16	8	one	one	NUM
faba-11	16	9	of	of	ADP
faba-11	16	10	the	the	DET
faba-11	16	11	first	first	ADJ
faba-11	16	12	authors	author	NOUN
faba-11	16	13	who	who	PRON
faba-11	16	14	showed	show	VERB
faba-11	16	15	how	how	SCONJ
faba-11	16	16	investors	investor	NOUN
faba-11	16	17	could	could	AUX
faba-11	16	18	extract	extract	VERB
faba-11	16	19	information	information	NOUN
faba-11	16	20	about	about	ADP
faba-11	16	21	the	the	DET
faba-11	16	22	future	future	ADJ
faba-11	16	23	payoff	payoff	NOUN
faba-11	16	24	of	of	ADP
faba-11	16	25	a	a	DET
faba-11	16	26	security	security	NOUN
faba-11	16	27	from	from	ADP
faba-11	16	28	its	its	PRON
faba-11	16	29	price	price	NOUN
faba-11	16	30	.	.	PUNCT
faba-11	17	1	numerous	numerous	ADJ
faba-11	17	2	studies	study	NOUN
faba-11	17	3	seek	seek	VERB
faba-11	17	4	to	to	PART
faba-11	17	5	extend	extend	VERB
faba-11	17	6	the	the	DET
faba-11	17	7	model	model	NOUN
faba-11	17	8	by	by	ADP
faba-11	17	9	incorporating	incorporate	VERB
faba-11	17	10	both	both	CCONJ
faba-11	17	11	price	price	NOUN
faba-11	17	12	and	and	CCONJ
faba-11	17	13	trading	trading	NOUN
faba-11	17	14	volume	volume	NOUN
faba-11	17	15	into	into	ADP
faba-11	17	16	the	the	DET
faba-11	17	17	equation	equation	NOUN
faba-11	17	18	.	.	PUNCT
faba-11	18	1	for	for	ADP
faba-11	18	2	example	example	NOUN
faba-11	18	3	,	,	PUNCT
faba-11	18	4	several	several	ADJ
faba-11	18	5	empirical	empirical	ADJ
faba-11	18	6	studies	study	NOUN
faba-11	18	7	support	support	VERB
faba-11	18	8	the	the	DET
faba-11	18	9	idea	idea	NOUN
faba-11	18	10	that	that	SCONJ
faba-11	18	11	trading	trading	NOUN
faba-11	18	12	volume	volume	NOUN
faba-11	18	13	contains	contain	VERB
faba-11	18	14	information	information	NOUN
faba-11	18	15	about	about	ADP
faba-11	18	16	future	future	ADJ
faba-11	18	17	returns	return	NOUN
faba-11	18	18	.	.	PUNCT
faba-11	19	1	such	such	ADJ
faba-11	19	2	popular	popular	ADJ
faba-11	19	3	landmark	landmark	NOUN
faba-11	19	4	studies	study	NOUN
faba-11	19	5	include	include	VERB
faba-11	19	6	epps	epps	NOUN
faba-11	19	7	and	and	CCONJ
faba-11	19	8	epps	epps	PROPN
faba-11	19	9	(	(	PUNCT
faba-11	19	10	1976	1976	NUM
faba-11	19	11	)	)	PUNCT
faba-11	19	12	,	,	PUNCT
faba-11	19	13	copeland	copeland	PROPN
faba-11	19	14	(	(	PUNCT
faba-11	19	15	1976	1976	NUM
faba-11	19	16	)	)	PUNCT
faba-11	19	17	,	,	PUNCT
faba-11	19	18	karpoff	karpoff	X
faba-11	19	19	(	(	PUNCT
faba-11	19	20	1987	1987	NUM
faba-11	19	21	)	)	PUNCT
faba-11	19	22	,	,	PUNCT
faba-11	19	23	lamoureux	lamoureux	NOUN
faba-11	19	24	and	and	CCONJ
faba-11	19	25	lastrapes	lastrape	NOUN
faba-11	19	26	(	(	PUNCT
faba-11	19	27	1990	1990	NUM
faba-11	19	28	)	)	PUNCT
faba-11	19	29	,	,	PUNCT
faba-11	19	30	gallant	gallant	NOUN
faba-11	19	31	,	,	PUNCT
faba-11	19	32	rossi	rossi	ADJ
faba-11	19	33	and	and	CCONJ
faba-11	19	34	tauchen	tauchen	NOUN
faba-11	19	35	(	(	PUNCT
faba-11	19	36	1992	1992	NUM
faba-11	19	37	)	)	PUNCT
faba-11	19	38	,	,	PUNCT
faba-11	19	39	campbell	campbell	PROPN
faba-11	19	40	,	,	PUNCT
faba-11	19	41	grossman	grossman	PROPN
faba-11	19	42	and	and	CCONJ
faba-11	19	43	wang	wang	PROPN
faba-11	19	44	(	(	PUNCT
faba-11	19	45	1993	1993	NUM
faba-11	19	46	)	)	PUNCT
faba-11	19	47	,	,	PUNCT
faba-11	19	48	blume	blume	PROPN
faba-11	19	49	,	,	PUNCT
faba-11	19	50	easley	easley	PROPN
faba-11	19	51	and	and	CCONJ
faba-11	19	52	o’hara	o’hara	PROPN
faba-11	19	53	(	(	PUNCT
faba-11	19	54	1994	1994	NUM
faba-11	19	55	)	)	PUNCT
faba-11	19	56	,	,	PUNCT
faba-11	19	57	wang	wang	PROPN
faba-11	19	58	(	(	PUNCT
faba-11	19	59	1994	1994	NUM
faba-11	19	60	)	)	PUNCT
faba-11	19	61	and	and	CCONJ
faba-11	19	62	lee	lee	PROPN
faba-11	19	63	and	and	CCONJ
faba-11	19	64	rui	rui	PROPN
faba-11	19	65	(	(	PUNCT
faba-11	19	66	2002	2002	NUM
faba-11	19	67	)	)	PUNCT
faba-11	19	68	.	.	PUNCT
faba-11	20	1	more	more	ADJ
faba-11	20	2	attention	attention	NOUN
faba-11	20	3	had	have	AUX
faba-11	20	4	been	be	AUX
faba-11	20	5	drawn	draw	VERB
faba-11	20	6	to	to	PART
faba-11	20	7	tap	tap	VERB
faba-11	20	8	on	on	ADP
faba-11	20	9	this	this	DET
faba-11	20	10	issue	issue	NOUN
faba-11	20	11	since	since	SCONJ
faba-11	20	12	karpoff	karpoff	PROPN
faba-11	20	13	(	(	PUNCT
faba-11	20	14	1987	1987	NUM
faba-11	20	15	)	)	PUNCT
faba-11	20	16	pointed	point	VERB
faba-11	20	17	out	out	ADP
faba-11	20	18	four	four	NUM
faba-11	20	19	importance	importance	NOUN
faba-11	20	20	of	of	ADP
faba-11	20	21	investigating	investigate	VERB
faba-11	20	22	the	the	DET
faba-11	20	23	relationship	relationship	NOUN
faba-11	20	24	between	between	ADP
faba-11	20	25	trading	trading	NOUN
faba-11	20	26	volume	volume	NOUN
faba-11	20	27	and	and	CCONJ
faba-11	20	28	security	security	NOUN
faba-11	20	29	’s	’s	PART
faba-11	20	30	prices	price	NOUN
faba-11	20	31	.	.	PUNCT
faba-11	21	1	according	accord	VERB
faba-11	21	2	to	to	ADP
faba-11	21	3	him	he	PRON
faba-11	21	4	,	,	PUNCT
faba-11	21	5	such	such	ADJ
faba-11	21	6	study	study	NOUN
faba-11	21	7	is	be	AUX
faba-11	21	8	important	important	ADJ
faba-11	21	9	:	:	PUNCT
faba-11	21	10	(	(	PUNCT
faba-11	21	11	1	1	X
faba-11	21	12	)	)	PUNCT
faba-11	21	13	to	to	PART
faba-11	21	14	provide	provide	VERB
faba-11	21	15	insights	insight	NOUN
faba-11	21	16	into	into	ADP
faba-11	21	17	the	the	DET
faba-11	21	18	structure	structure	NOUN
faba-11	21	19	of	of	ADP
faba-11	21	20	financial	financial	ADJ
faba-11	21	21	markets	market	NOUN
faba-11	21	22	;	;	PUNCT
faba-11	21	23	(	(	PUNCT
faba-11	21	24	2	2	X
faba-11	21	25	)	)	PUNCT
faba-11	21	26	for	for	ADP
faba-11	21	27	event	event	NOUN
faba-11	21	28	study	study	NOUN
faba-11	21	29	;	;	PUNCT
faba-11	21	30	(	(	PUNCT
faba-11	21	31	3	3	X
faba-11	21	32	)	)	PUNCT
faba-11	21	33	for	for	ADP
faba-11	21	34	the	the	DET
faba-11	21	35	debate	debate	NOUN
faba-11	21	36	over	over	ADP
faba-11	21	37	the	the	DET
faba-11	21	38	empirical	empirical	ADJ
faba-11	21	39	distribution	distribution	NOUN
faba-11	21	40	of	of	ADP
faba-11	21	41	speculative	speculative	ADJ
faba-11	21	42	prices	price	NOUN
faba-11	21	43	;	;	PUNCT
faba-11	21	44	and	and	CCONJ
faba-11	21	45	(	(	PUNCT
faba-11	21	46	4	4	X
faba-11	21	47	)	)	PUNCT
faba-11	21	48	for	for	ADP
faba-11	21	49	research	research	NOUN
faba-11	21	50	into	into	ADP
faba-11	21	51	futures	future	NOUN
faba-11	21	52	markets	market	NOUN
faba-11	21	53	.	.	PUNCT
faba-11	22	1	besides	besides	SCONJ
faba-11	22	2	uncovering	uncover	VERB
faba-11	22	3	the	the	DET
faba-11	22	4	relation	relation	NOUN
faba-11	22	5	between	between	ADP
faba-11	22	6	price	price	NOUN
faba-11	22	7	and	and	CCONJ
faba-11	22	8	volume	volume	NOUN
faba-11	22	9	,	,	PUNCT
faba-11	22	10	the	the	DET
faba-11	22	11	price	price	NOUN
faba-11	22	12	volatility	volatility	NOUN
faba-11	22	13	of	of	ADP
faba-11	22	14	financial	financial	ADJ
faba-11	22	15	asset	asset	NOUN
faba-11	22	16	is	be	AUX
faba-11	22	17	the	the	DET
faba-11	22	18	key	key	NOUN
faba-11	22	19	for	for	ADP
faba-11	22	20	risk	risk	NOUN
faba-11	22	21	management	management	NOUN
faba-11	22	22	,	,	PUNCT
faba-11	22	23	which	which	PRON
faba-11	22	24	serves	serve	VERB
faba-11	22	25	as	as	ADP
faba-11	22	26	the	the	DET
faba-11	22	27	basis	basis	NOUN
faba-11	22	28	for	for	ADP
faba-11	22	29	investing	invest	VERB
faba-11	22	30	decisions	decision	NOUN
faba-11	22	31	and	and	CCONJ
faba-11	22	32	indicators	indicator	NOUN
faba-11	22	33	of	of	ADP
faba-11	22	34	the	the	DET
faba-11	22	35	healthiness	healthiness	NOUN
faba-11	22	36	of	of	ADP
faba-11	22	37	financial	financial	ADJ
faba-11	22	38	market	market	NOUN
faba-11	22	39	(	(	PUNCT
faba-11	22	40	dan	dan	PROPN
faba-11	22	41	,	,	PUNCT
faba-11	22	42	yuan	yuan	PROPN
faba-11	22	43	&	&	CCONJ
faba-11	22	44	zhong	zhong	PROPN
faba-11	22	45	,	,	PUNCT
faba-11	22	46	2013	2013	NUM
faba-11	22	47	)	)	PUNCT
faba-11	22	48	.	.	PUNCT
faba-11	23	1	therefore	therefore	ADV
faba-11	23	2	,	,	PUNCT
faba-11	23	3	it	it	PRON
faba-11	23	4	is	be	AUX
faba-11	23	5	also	also	ADV
faba-11	23	6	important	important	ADJ
faba-11	23	7	to	to	PART
faba-11	23	8	study	study	VERB
faba-11	23	9	how	how	SCONJ
faba-11	23	10	trading	trading	NOUN
faba-11	23	11	volume	volume	NOUN
faba-11	23	12	impacts	impact	VERB
faba-11	23	13	volatility	volatility	NOUN
faba-11	23	14	of	of	ADP
faba-11	23	15	return	return	NOUN
faba-11	23	16	,	,	PUNCT
faba-11	23	17	besides	besides	SCONJ
faba-11	23	18	price	price	NOUN
faba-11	23	19	changes	change	NOUN
faba-11	23	20	.	.	PUNCT
faba-11	24	1	this	this	DET
faba-11	24	2	study	study	NOUN
faba-11	24	3	seeks	seek	VERB
faba-11	24	4	to	to	PART
faba-11	24	5	draw	draw	VERB
faba-11	24	6	the	the	DET
faba-11	24	7	attention	attention	NOUN
faba-11	24	8	towards	towards	ADP
faba-11	24	9	emerging	emerge	VERB
faba-11	24	10	markets	market	NOUN
faba-11	24	11	,	,	PUNCT
faba-11	24	12	particularly	particularly	ADV
faba-11	24	13	southeast	southeast	PROPN
faba-11	24	14	asia	asia	PROPN
faba-11	24	15	due	due	ADP
faba-11	24	16	to	to	ADP
faba-11	24	17	several	several	ADJ
faba-11	24	18	factors	factor	NOUN
faba-11	24	19	.	.	PUNCT
faba-11	25	1	in	in	ADP
faba-11	25	2	the	the	DET
faba-11	25	3	past	past	ADJ
faba-11	25	4	decades	decade	NOUN
faba-11	25	5	,	,	PUNCT
faba-11	25	6	a	a	DET
faba-11	25	7	large	large	ADJ
faba-11	25	8	number	number	NOUN
faba-11	25	9	of	of	ADP
faba-11	25	10	countries	country	NOUN
faba-11	25	11	have	have	AUX
faba-11	25	12	reformed	reform	VERB
faba-11	25	13	their	their	PRON
faba-11	25	14	markets	market	NOUN
faba-11	25	15	to	to	PART
faba-11	25	16	be	be	AUX
faba-11	25	17	more	more	ADV
faba-11	25	18	open	open	ADJ
faba-11	25	19	to	to	ADP
faba-11	25	20	foreign	foreign	ADJ
faba-11	25	21	investment	investment	NOUN
faba-11	25	22	,	,	PUNCT
faba-11	25	23	transparent	transparent	ADJ
faba-11	25	24	and	and	CCONJ
faba-11	25	25	thoroughly	thoroughly	ADV
faba-11	25	26	regulated	regulate	VERB
faba-11	25	27	.	.	PUNCT
faba-11	26	1	emerging	emerge	VERB
faba-11	26	2	markets	market	NOUN
faba-11	26	3	especially	especially	ADV
faba-11	26	4	in	in	ADP
faba-11	26	5	southeast	southeast	PROPN
faba-11	26	6	asia	asia	PROPN
faba-11	26	7	have	have	AUX
faba-11	26	8	received	receive	VERB
faba-11	26	9	huge	huge	ADJ
faba-11	26	10	capital	capital	NOUN
faba-11	26	11	inflows	inflow	NOUN
faba-11	26	12	and	and	CCONJ
faba-11	26	13	become	become	VERB
faba-11	26	14	an	an	DET
faba-11	26	15	important	important	ADJ
faba-11	26	16	alternative	alternative	NOUN
faba-11	26	17	for	for	ADP
faba-11	26	18	investors	investor	NOUN
faba-11	26	19	who	who	PRON
faba-11	26	20	seek	seek	VERB
faba-11	26	21	for	for	ADP
faba-11	26	22	international	international	ADJ
faba-11	26	23	diversification	diversification	NOUN
faba-11	26	24	.	.	PUNCT
faba-11	27	1	according	accord	VERB
faba-11	27	2	to	to	ADP
faba-11	27	3	michelfelder	michelfelder	NOUN
faba-11	27	4	and	and	CCONJ
faba-11	27	5	pandya	pandya	PROPN
faba-11	27	6	(	(	PUNCT
faba-11	27	7	2005	2005	NUM
faba-11	27	8	)	)	PUNCT
faba-11	27	9	,	,	PUNCT
faba-11	27	10	the	the	DET
faba-11	27	11	correlations	correlation	NOUN
faba-11	27	12	of	of	ADP
faba-11	27	13	equity	equity	NOUN
faba-11	27	14	returns	return	NOUN
faba-11	27	15	between	between	ADP
faba-11	27	16	emerging	emerge	VERB
faba-11	27	17	and	and	CCONJ
faba-11	27	18	developed	developed	ADJ
faba-11	27	19	countries	country	NOUN
faba-11	27	20	are	be	AUX
faba-11	27	21	low	low	ADJ
faba-11	27	22	.	.	PUNCT
faba-11	28	1	the	the	DET
faba-11	28	2	information	information	NOUN
faba-11	28	3	flow	flow	NOUN
faba-11	28	4	in	in	ADP
faba-11	28	5	the	the	DET
faba-11	28	6	markets	market	NOUN
faba-11	28	7	is	be	AUX
faba-11	28	8	also	also	ADV
faba-11	28	9	not	not	PART
faba-11	28	10	equivalent	equivalent	ADJ
faba-11	28	11	due	due	ADP
faba-11	28	12	to	to	ADP
faba-11	28	13	the	the	DET
faba-11	28	14	significant	significant	ADJ
faba-11	28	15	institutional	institutional	ADJ
faba-11	28	16	differences	difference	NOUN
faba-11	28	17	.	.	PUNCT
faba-11	29	1	hence	hence	ADV
faba-11	29	2	,	,	PUNCT
faba-11	29	3	it	it	PRON
faba-11	29	4	is	be	AUX
faba-11	29	5	possible	possible	ADJ
faba-11	29	6	to	to	PART
faba-11	29	7	reduce	reduce	VERB
faba-11	29	8	portfolio	portfolio	NOUN
faba-11	29	9	risk	risk	NOUN
faba-11	29	10	by	by	ADP
faba-11	29	11	participating	participate	VERB
faba-11	29	12	in	in	ADP
faba-11	29	13	emerging	emerge	VERB
faba-11	29	14	markets	market	NOUN
faba-11	29	15	.	.	PUNCT
faba-11	30	1	as	as	ADP
faba-11	30	2	a	a	DET
faba-11	30	3	matter	matter	NOUN
faba-11	30	4	of	of	ADP
faba-11	30	5	proof	proof	NOUN
faba-11	30	6	,	,	PUNCT
faba-11	30	7	harvey	harvey	NOUN
faba-11	30	8	(	(	PUNCT
faba-11	30	9	1995	1995	NUM
faba-11	30	10	)	)	PUNCT
faba-11	30	11	showed	show	VERB
faba-11	30	12	that	that	SCONJ
faba-11	30	13	adding	add	VERB
faba-11	30	14	portfolio	portfolio	NOUN
faba-11	30	15	of	of	ADP
faba-11	30	16	emerging	emerge	VERB
faba-11	30	17	markets	market	NOUN
faba-11	30	18	to	to	ADP
faba-11	30	19	a	a	DET
faba-11	30	20	diversified	diversified	ADJ
faba-11	30	21	developed	develop	VERB
faba-11	30	22	markets	market	NOUN
faba-11	30	23	portfolio	portfolio	NOUN
faba-11	30	24	would	would	AUX
faba-11	30	25	reduce	reduce	VERB
faba-11	30	26	total	total	ADJ
faba-11	30	27	risk	risk	NOUN
faba-11	30	28	by	by	ADP
faba-11	30	29	six	six	NUM
faba-11	30	30	percentage	percentage	NOUN
faba-11	30	31	points	point	NOUN
faba-11	30	32	.	.	PUNCT
faba-11	31	1	hence	hence	ADV
faba-11	31	2	,	,	PUNCT
faba-11	31	3	these	these	DET
faba-11	31	4	findings	finding	NOUN
faba-11	31	5	demonstrate	demonstrate	VERB
faba-11	31	6	that	that	SCONJ
faba-11	31	7	the	the	DET
faba-11	31	8	emerging	emerge	VERB
faba-11	31	9	markets	market	NOUN
faba-11	31	10	should	should	AUX
faba-11	31	11	become	become	VERB
faba-11	31	12	important	important	ADJ
faba-11	31	13	destinations	destination	NOUN
faba-11	31	14	for	for	ADP
faba-11	31	15	international	international	ADJ
faba-11	31	16	portfolio	portfolio	NOUN
faba-11	31	17	diversification	diversification	NOUN
faba-11	31	18	;	;	PUNCT
faba-11	31	19	thus	thus	ADV
faba-11	31	20	requiring	require	VERB
faba-11	31	21	more	more	ADV
faba-11	31	22	theoretical	theoretical	ADJ
faba-11	31	23	and	and	CCONJ
faba-11	31	24	empirical	empirical	ADJ
faba-11	31	25	understanding	understanding	NOUN
faba-11	31	26	.	.	PUNCT
faba-11	32	1	as	as	ADP
faba-11	32	2	the	the	DET
faba-11	32	3	intended	intended	ADJ
faba-11	32	4	result	result	NOUN
faba-11	32	5	,	,	PUNCT
faba-11	32	6	this	this	DET
faba-11	32	7	study	study	NOUN
faba-11	32	8	could	could	AUX
faba-11	32	9	provide	provide	VERB
faba-11	32	10	a	a	DET
faba-11	32	11	closed	closed	ADJ
faba-11	32	12	solution	solution	NOUN
faba-11	32	13	where	where	SCONJ
faba-11	32	14	investors	investor	NOUN
faba-11	32	15	may	may	AUX
faba-11	32	16	possibly	possibly	ADV
faba-11	32	17	infer	infer	VERB
faba-11	32	18	information	information	NOUN
faba-11	32	19	about	about	ADP
faba-11	32	20	the	the	DET
faba-11	32	21	future	future	ADJ
faba-11	32	22	trading	trading	NOUN
faba-11	32	23	signals	signal	NOUN
faba-11	32	24	from	from	ADP
faba-11	32	25	(	(	PUNCT
faba-11	32	26	1	1	X
faba-11	32	27	)	)	PUNCT
faba-11	32	28	the	the	DET
faba-11	32	29	market	market	NOUN
faba-11	32	30	return	return	NOUN
faba-11	32	31	,	,	PUNCT
faba-11	32	32	(	(	PUNCT
faba-11	32	33	2	2	X
faba-11	32	34	)	)	PUNCT
faba-11	32	35	return	return	NOUN
faba-11	32	36	volatility	volatility	NOUN
faba-11	32	37	and	and	CCONJ
faba-11	32	38	(	(	PUNCT
faba-11	32	39	3	3	X
faba-11	32	40	)	)	PUNCT
faba-11	32	41	trading	trading	NOUN
faba-11	32	42	volume	volume	NOUN
faba-11	32	43	.	.	PUNCT
faba-11	33	1	besides	besides	SCONJ
faba-11	33	2	,	,	PUNCT
faba-11	33	3	crosscountry	crosscountry	PROPN
faba-11	33	4	comparison	comparison	NOUN
faba-11	33	5	and	and	CCONJ
faba-11	33	6	inter	inter	ADJ
faba-11	33	7	-	-	ADJ
faba-11	33	8	market	market	ADJ
faba-11	33	9	influence	influence	NOUN
faba-11	33	10	will	will	AUX
faba-11	33	11	also	also	ADV
faba-11	33	12	be	be	AUX
faba-11	33	13	learnt	learn	VERB
faba-11	33	14	which	which	PRON
faba-11	33	15	will	will	AUX
faba-11	33	16	help	help	VERB
faba-11	33	17	to	to	PART
faba-11	33	18	infer	infer	VERB
faba-11	33	19	decisions	decision	NOUN
faba-11	33	20	on	on	ADP
faba-11	33	21	regional	regional	ADJ
faba-11	33	22	portfolio	portfolio	NOUN
faba-11	33	23	diversification	diversification	NOUN
faba-11	33	24	.	.	PUNCT
faba-11	34	1	problem	problem	NOUN
faba-11	34	2	statement	statement	NOUN
faba-11	34	3	in	in	ADP
faba-11	34	4	addition	addition	NOUN
faba-11	34	5	to	to	ADP
faba-11	34	6	that	that	PRON
faba-11	34	7	,	,	PUNCT
faba-11	35	1	most	most	ADV
faba-11	35	2	from	from	ADP
faba-11	35	3	the	the	DET
faba-11	35	4	already	already	ADV
faba-11	35	5	few	few	ADJ
faba-11	35	6	studies	study	NOUN
faba-11	35	7	conducted	conduct	VERB
faba-11	35	8	in	in	ADP
faba-11	35	9	emerging	emerge	VERB
faba-11	35	10	markets	market	NOUN
faba-11	35	11	(	(	PUNCT
faba-11	35	12	such	such	ADJ
faba-11	35	13	as	as	ADP
faba-11	35	14	choudhry	choudhry	NOUN
faba-11	35	15	,	,	PUNCT
faba-11	35	16	1996	1996	NUM
faba-11	35	17	;	;	PUNCT
faba-11	35	18	sabri	sabri	NOUN
faba-11	35	19	,	,	PUNCT
faba-11	35	20	2004	2004	NUM
faba-11	35	21	;	;	PUNCT
faba-11	35	22	and	and	CCONJ
faba-11	35	23	michelfelder	michelfelder	NOUN
faba-11	35	24	and	and	CCONJ
faba-11	35	25	pandya	pandya	PROPN
faba-11	35	26	,	,	PUNCT
faba-11	35	27	2005	2005	NUM
faba-11	35	28	)	)	PUNCT
faba-11	35	29	contend	contend	VERB
faba-11	35	30	that	that	SCONJ
faba-11	35	31	there	there	PRON
faba-11	35	32	are	be	VERB
faba-11	35	33	differences	difference	NOUN
faba-11	35	34	in	in	ADP
faba-11	35	35	the	the	DET
faba-11	35	36	volume	volume	NOUN
faba-11	35	37	-	-	PUNCT
faba-11	35	38	return	return	NOUN
faba-11	35	39	-	-	PUNCT
faba-11	35	40	volatility	volatility	NOUN
faba-11	35	41	link	link	NOUN
faba-11	35	42	between	between	ADP
faba-11	35	43	mature	mature	ADJ
faba-11	35	44	and	and	CCONJ
faba-11	35	45	emerging	emerge	VERB
faba-11	35	46	markets	market	NOUN
faba-11	35	47	.	.	PUNCT
faba-11	36	1	therefore	therefore	ADV
faba-11	36	2	,	,	PUNCT
faba-11	36	3	one	one	PRON
faba-11	36	4	can	can	AUX
faba-11	36	5	not	not	PART
faba-11	36	6	imply	imply	VERB
faba-11	36	7	the	the	DET
faba-11	36	8	results	result	NOUN
faba-11	36	9	found	find	VERB
faba-11	36	10	in	in	ADP
faba-11	36	11	the	the	DET
faba-11	36	12	developed	develop	VERB
faba-11	36	13	markets	market	NOUN
faba-11	36	14	to	to	PART
faba-11	36	15	hold	hold	VERB
faba-11	36	16	in	in	ADP
faba-11	36	17	the	the	DET
faba-11	36	18	emerging	emerge	VERB
faba-11	36	19	markets	market	NOUN
faba-11	36	20	.	.	PUNCT
faba-11	37	1	due	due	ADP
faba-11	37	2	to	to	ADP
faba-11	37	3	their	their	PRON
faba-11	37	4	varying	vary	VERB
faba-11	37	5	characteristics	characteristic	NOUN
faba-11	37	6	,	,	PUNCT
faba-11	37	7	isolated	isolated	ADJ
faba-11	37	8	studies	study	NOUN
faba-11	37	9	have	have	VERB
faba-11	37	10	to	to	PART
faba-11	37	11	be	be	AUX
faba-11	37	12	conducted	conduct	VERB
faba-11	37	13	in	in	ADP
faba-11	37	14	the	the	DET
faba-11	37	15	emerging	emerge	VERB
faba-11	37	16	markets	market	NOUN
faba-11	37	17	to	to	PART
faba-11	37	18	understand	understand	VERB
faba-11	37	19	the	the	DET
faba-11	37	20	behavior	behavior	NOUN
faba-11	37	21	of	of	ADP
faba-11	37	22	volume	volume	NOUN
faba-11	37	23	as	as	ADP
faba-11	37	24	an	an	DET
faba-11	37	25	agent	agent	NOUN
faba-11	37	26	of	of	ADP
faba-11	37	27	information	information	NOUN
faba-11	37	28	flow	flow	NOUN
faba-11	37	29	towards	towards	ADP
faba-11	37	30	stock	stock	NOUN
faba-11	37	31	returns	return	NOUN
faba-11	37	32	and	and	CCONJ
faba-11	37	33	volatility	volatility	NOUN
faba-11	37	34	in	in	ADP
faba-11	37	35	their	their	PRON
faba-11	37	36	own	own	ADJ
faba-11	37	37	unique	unique	ADJ
faba-11	37	38	landscape	landscape	NOUN
faba-11	37	39	.	.	PUNCT
faba-11	38	1	the	the	DET
faba-11	38	2	body	body	NOUN
faba-11	38	3	of	of	ADP
faba-11	38	4	literature	literature	NOUN
faba-11	38	5	lacks	lack	VERB
faba-11	38	6	studies	study	NOUN
faba-11	38	7	that	that	PRON
faba-11	38	8	look	look	VERB
faba-11	38	9	into	into	ADP
faba-11	38	10	the	the	DET
faba-11	38	11	dynamic	dynamic	ADJ
faba-11	38	12	relationships	relationship	NOUN
faba-11	38	13	of	of	ADP
faba-11	38	14	volume	volume	NOUN
faba-11	38	15	-	-	PUNCT
faba-11	38	16	returnvolatility	returnvolatility	NOUN
faba-11	38	17	by	by	ADP
faba-11	38	18	way	way	NOUN
faba-11	38	19	of	of	ADP
faba-11	38	20	cross	cross	ADJ
faba-11	38	21	-	-	ADJ
faba-11	38	22	country	country	ADJ
faba-11	38	23	comparison	comparison	NOUN
faba-11	38	24	.	.	PUNCT
faba-11	39	1	this	this	DET
faba-11	39	2	issue	issue	NOUN
faba-11	39	3	is	be	AUX
faba-11	39	4	considered	consider	VERB
faba-11	39	5	as	as	ADP
faba-11	39	6	imperative	imperative	NOUN
faba-11	39	7	based	base	VERB
faba-11	39	8	on	on	ADP
faba-11	39	9	the	the	DET
faba-11	39	10	“	"	PUNCT
faba-11	39	11	contagion	contagion	NOUN
faba-11	39	12	theory	theory	NOUN
faba-11	39	13	”	"	PUNCT
faba-11	39	14	of	of	ADP
faba-11	39	15	“	"	PUNCT
faba-11	39	16	spillover	spillover	ADJ
faba-11	39	17	effect	effect	NOUN
faba-11	39	18	”	"	PUNCT
faba-11	39	19	proposed	propose	VERB
faba-11	39	20	by	by	ADP
faba-11	39	21	king	king	NOUN
faba-11	39	22	and	and	CCONJ
faba-11	39	23	wadhani	wadhani	NOUN
faba-11	39	24	(	(	PUNCT
faba-11	39	25	1990	1990	NUM
faba-11	39	26	)	)	PUNCT
faba-11	39	27	in	in	ADP
faba-11	39	28	which	which	PRON
faba-11	39	29	traders	trader	NOUN
faba-11	39	30	in	in	ADP
faba-11	39	31	one	one	NUM
faba-11	39	32	market	market	NOUN
faba-11	39	33	may	may	AUX
faba-11	39	34	draw	draw	VERB
faba-11	39	35	inferences	inference	NOUN
faba-11	39	36	about	about	ADP
faba-11	39	37	stock	stock	NOUN
faba-11	39	38	price	price	NOUN
faba-11	39	39	in	in	ADP
faba-11	39	40	their	their	PRON
faba-11	39	41	own	own	ADJ
faba-11	39	42	market	market	NOUN
faba-11	39	43	by	by	ADP
faba-11	39	44	observing	observe	VERB
faba-11	39	45	price	price	NOUN
faba-11	39	46	movements	movement	NOUN
faba-11	39	47	in	in	ADP
faba-11	39	48	another	another	PRON
faba-11	39	49	.	.	PUNCT
faba-11	40	1	for	for	ADP
faba-11	40	2	example	example	NOUN
faba-11	40	3	,	,	PUNCT
faba-11	40	4	lee	lee	PROPN
faba-11	40	5	and	and	CCONJ
faba-11	40	6	rui	rui	PROPN
faba-11	40	7	(	(	PUNCT
faba-11	40	8	2002	2002	NUM
faba-11	40	9	)	)	PUNCT
faba-11	40	10	find	find	VERB
faba-11	40	11	that	that	SCONJ
faba-11	40	12	the	the	DET
faba-11	40	13	us	us	PROPN
faba-11	40	14	trading	trading	NOUN
faba-11	40	15	volume	volume	NOUN
faba-11	40	16	contains	contain	VERB
faba-11	40	17	predictive	predictive	ADJ
faba-11	40	18	power	power	NOUN
faba-11	40	19	for	for	ADP
faba-11	40	20	uk	uk	PROPN
faba-11	40	21	and	and	CCONJ
faba-11	40	22	japanese	japanese	ADJ
faba-11	40	23	trading	trading	NOUN
faba-11	40	24	volumes	volume	NOUN
faba-11	40	25	whereas	whereas	SCONJ
faba-11	40	26	choi	choi	NOUN
faba-11	40	27	,	,	PUNCT
faba-11	40	28	yoon	yoon	PROPN
faba-11	40	29	and	and	CCONJ
faba-11	40	30	kang	kang	PROPN
faba-11	40	31	(	(	PUNCT
faba-11	40	32	2013	2013	NUM
faba-11	40	33	)	)	PUNCT
faba-11	40	34	find	find	VERB
faba-11	40	35	evidence	evidence	NOUN
faba-11	40	36	of	of	ADP
faba-11	40	37	causality	causality	NOUN
faba-11	40	38	between	between	ADP
faba-11	40	39	volume	volume	NOUN
faba-11	40	40	,	,	PUNCT
faba-11	40	41	return	return	NOUN
faba-11	40	42	and	and	CCONJ
faba-11	40	43	volatility	volatility	NOUN
faba-11	40	44	in	in	ADP
faba-11	40	45	japan	japan	PROPN
faba-11	40	46	,	,	PUNCT
faba-11	40	47	korea	korea	PROPN
faba-11	40	48	,	,	PUNCT
faba-11	40	49	hong	hong	PROPN
faba-11	40	50	kong	kong	PROPN
faba-11	40	51	,	,	PUNCT
faba-11	40	52	and	and	CCONJ
faba-11	40	53	china	china	PROPN
faba-11	40	54	.	.	PUNCT
faba-11	41	1	the	the	DET
faba-11	41	2	research	research	NOUN
faba-11	41	3	questions	question	NOUN
faba-11	41	4	for	for	ADP
faba-11	41	5	this	this	DET
faba-11	41	6	study	study	NOUN
faba-11	41	7	are	be	AUX
faba-11	41	8	:	:	PUNCT
faba-11	41	9	i.	i.	NOUN
faba-11	41	10	are	be	AUX
faba-11	41	11	there	there	PRON
faba-11	41	12	any	any	DET
faba-11	41	13	contemporaneous	contemporaneous	ADJ
faba-11	41	14	and	and	CCONJ
faba-11	41	15	dynamic	dynamic	ADJ
faba-11	41	16	cause	cause	NOUN
faba-11	41	17	-	-	PUNCT
faba-11	41	18	and	and	CCONJ
faba-11	41	19	-	-	PUNCT
faba-11	41	20	effect	effect	NOUN
faba-11	41	21	relationships	relationship	NOUN
faba-11	41	22	between	between	ADP
faba-11	41	23	trading	trading	NOUN
faba-11	41	24	volume	volume	NOUN
faba-11	41	25	and	and	CCONJ
faba-11	41	26	stock	stock	NOUN
faba-11	41	27	market	market	NOUN
faba-11	41	28	returns	return	NOUN
faba-11	41	29	in	in	ADP
faba-11	41	30	the	the	DET
faba-11	41	31	southeast	southeast	ADJ
faba-11	41	32	asian	asian	ADJ
faba-11	41	33	equity	equity	NOUN
faba-11	41	34	markets	market	NOUN
faba-11	41	35	?	?	PUNCT
faba-11	42	1	ii	ii	PROPN
faba-11	42	2	.	.	PROPN
faba-11	42	3	does	do	AUX
faba-11	42	4	trading	trading	NOUN
faba-11	42	5	volume	volume	NOUN
faba-11	42	6	influence	influence	NOUN
faba-11	42	7	return	return	VERB
faba-11	42	8	volatility	volatility	NOUN
faba-11	42	9	of	of	ADP
faba-11	42	10	the	the	DET
faba-11	42	11	concerned	concerned	ADJ
faba-11	42	12	stock	stock	NOUN
faba-11	42	13	indices	index	NOUN
faba-11	42	14	?	?	PUNCT
faba-11	43	1	m.r	m.r	PROPN
faba-11	43	2	.	.	PROPN
faba-11	43	3	miseman	miseman	PROPN
faba-11	43	4	et	et	PROPN
faba-11	43	5	al	al	PROPN
faba-11	43	6	.	.	PUNCT
faba-11	43	7	/	/	SYM
faba-11	43	8	finance	finance	NOUN
faba-11	43	9	,	,	PUNCT
faba-11	43	10	accounting	accounting	NOUN
faba-11	43	11	and	and	CCONJ
faba-11	43	12	business	business	NOUN
faba-11	43	13	analisys	analisys	PROPN
faba-11	43	14	3	3	NUM
faba-11	43	15	iii	iii	NOUN
faba-11	43	16	.	.	PROPN
faba-11	43	17	is	be	AUX
faba-11	43	18	the	the	DET
faba-11	43	19	stock	stock	NOUN
faba-11	43	20	market	market	NOUN
faba-11	43	21	return	return	NOUN
faba-11	43	22	and	and	CCONJ
faba-11	43	23	return	return	VERB
faba-11	43	24	volatility	volatility	NOUN
faba-11	43	25	in	in	ADP
faba-11	43	26	one	one	NUM
faba-11	43	27	market	market	NOUN
faba-11	43	28	influenced	influence	VERB
faba-11	43	29	by	by	ADP
faba-11	43	30	the	the	DET
faba-11	43	31	volume	volume	NOUN
faba-11	43	32	of	of	ADP
faba-11	43	33	another	another	DET
faba-11	43	34	market	market	NOUN
faba-11	43	35	in	in	ADP
faba-11	43	36	southeast	southeast	PROPN
faba-11	43	37	asia	asia	PROPN
faba-11	43	38	?	?	PUNCT
faba-11	44	1	the	the	DET
faba-11	44	2	main	main	ADJ
faba-11	44	3	objectives	objective	NOUN
faba-11	44	4	of	of	ADP
faba-11	44	5	this	this	DET
faba-11	44	6	study	study	NOUN
faba-11	44	7	are	be	AUX
faba-11	44	8	to	to	PART
faba-11	44	9	investigate	investigate	VERB
faba-11	44	10	the	the	DET
faba-11	44	11	relationships	relationship	NOUN
faba-11	44	12	between	between	ADP
faba-11	44	13	trading	trading	NOUN
faba-11	44	14	volume	volume	NOUN
faba-11	44	15	,	,	PUNCT
faba-11	44	16	stock	stock	NOUN
faba-11	44	17	market	market	NOUN
faba-11	44	18	returns	return	NOUN
faba-11	44	19	and	and	CCONJ
faba-11	44	20	returns	return	VERB
faba-11	44	21	volatility	volatility	NOUN
faba-11	44	22	in	in	ADP
faba-11	44	23	southeast	southeast	ADJ
faba-11	44	24	asian	asian	ADJ
faba-11	44	25	equity	equity	NOUN
faba-11	44	26	markets	market	NOUN
faba-11	44	27	.	.	PUNCT
faba-11	45	1	the	the	DET
faba-11	45	2	specific	specific	ADJ
faba-11	45	3	objectives	objective	NOUN
faba-11	45	4	are	be	AUX
faba-11	45	5	:	:	PUNCT
faba-11	45	6	i.	i.	NOUN
faba-11	45	7	to	to	PART
faba-11	45	8	examine	examine	VERB
faba-11	45	9	the	the	DET
faba-11	45	10	contemporaneous	contemporaneous	ADJ
faba-11	45	11	and	and	CCONJ
faba-11	45	12	dynamic	dynamic	ADJ
faba-11	45	13	causal	causal	ADJ
faba-11	45	14	relationships	relationship	NOUN
faba-11	45	15	between	between	ADP
faba-11	45	16	trading	trading	NOUN
faba-11	45	17	volume	volume	NOUN
faba-11	45	18	and	and	CCONJ
faba-11	45	19	stock	stock	NOUN
faba-11	45	20	indices	index	NOUN
faba-11	45	21	returns	return	NOUN
faba-11	45	22	in	in	ADP
faba-11	45	23	each	each	PRON
faba-11	45	24	of	of	ADP
faba-11	45	25	the	the	DET
faba-11	45	26	southeast	southeast	ADJ
faba-11	45	27	asian	asian	ADJ
faba-11	45	28	markets	market	NOUN
faba-11	45	29	.	.	PUNCT
faba-11	46	1	ii	ii	PROPN
faba-11	46	2	.	.	PUNCT
faba-11	47	1	to	to	PART
faba-11	47	2	determine	determine	VERB
faba-11	47	3	the	the	DET
faba-11	47	4	dynamic	dynamic	ADJ
faba-11	47	5	relationship	relationship	NOUN
faba-11	47	6	between	between	ADP
faba-11	47	7	trading	trading	NOUN
faba-11	47	8	volume	volume	NOUN
faba-11	47	9	and	and	CCONJ
faba-11	47	10	return	return	VERB
faba-11	47	11	volatility	volatility	NOUN
faba-11	47	12	in	in	ADP
faba-11	47	13	each	each	PRON
faba-11	47	14	of	of	ADP
faba-11	47	15	the	the	DET
faba-11	47	16	southeast	southeast	ADJ
faba-11	47	17	asian	asian	ADJ
faba-11	47	18	stock	stock	NOUN
faba-11	47	19	markets	market	NOUN
faba-11	47	20	.	.	PUNCT
faba-11	48	1	iii	iii	X
faba-11	48	2	.	.	PUNCT
faba-11	48	3	to	to	PART
faba-11	48	4	investigate	investigate	VERB
faba-11	48	5	any	any	DET
faba-11	48	6	cross	cross	ADJ
faba-11	48	7	-	-	ADJ
faba-11	48	8	market	market	ADJ
faba-11	48	9	influence	influence	NOUN
faba-11	48	10	between	between	ADP
faba-11	48	11	trading	trading	NOUN
faba-11	48	12	volume	volume	NOUN
faba-11	48	13	to	to	ADP
faba-11	48	14	stock	stock	NOUN
faba-11	48	15	returns	return	NOUN
faba-11	48	16	and	and	CCONJ
faba-11	48	17	trading	trading	NOUN
faba-11	48	18	volume	volume	NOUN
faba-11	48	19	to	to	PART
faba-11	48	20	return	return	VERB
faba-11	48	21	volatility	volatility	NOUN
faba-11	48	22	in	in	ADP
faba-11	48	23	the	the	DET
faba-11	48	24	region	region	NOUN
faba-11	48	25	.	.	PUNCT
faba-11	49	1	literature	literature	NOUN
faba-11	49	2	review	review	VERB
faba-11	49	3	efficient	efficient	ADJ
faba-11	49	4	market	market	NOUN
faba-11	49	5	hypothesis	hypothesis	NOUN
faba-11	49	6	(	(	PUNCT
faba-11	49	7	emh	emh	PROPN
faba-11	49	8	)	)	PUNCT
faba-11	49	9	describes	describe	VERB
faba-11	49	10	the	the	DET
faba-11	49	11	behavior	behavior	NOUN
faba-11	49	12	of	of	ADP
faba-11	49	13	prices	price	NOUN
faba-11	49	14	in	in	ADP
faba-11	49	15	stock	stock	NOUN
faba-11	49	16	markets	market	NOUN
faba-11	49	17	(	(	PUNCT
faba-11	49	18	park	park	NOUN
faba-11	49	19	&	&	CCONJ
faba-11	49	20	irwin	irwin	PROPN
faba-11	49	21	,	,	PUNCT
faba-11	49	22	2007	2007	NUM
faba-11	49	23	)	)	PUNCT
faba-11	49	24	.	.	PUNCT
faba-11	50	1	according	accord	VERB
faba-11	50	2	to	to	ADP
faba-11	50	3	jensen	jensen	PROPN
faba-11	50	4	(	(	PUNCT
faba-11	50	5	1978	1978	NUM
faba-11	50	6	)	)	PUNCT
faba-11	50	7	,	,	PUNCT
faba-11	50	8	an	an	DET
faba-11	50	9	efficient	efficient	ADJ
faba-11	50	10	market	market	NOUN
faba-11	50	11	is	be	AUX
faba-11	50	12	“	"	PUNCT
faba-11	50	13	the	the	DET
faba-11	50	14	one	one	NOUN
faba-11	50	15	where	where	SCONJ
faba-11	50	16	it	it	PRON
faba-11	50	17	is	be	AUX
faba-11	50	18	impossible	impossible	ADJ
faba-11	50	19	to	to	PART
faba-11	50	20	make	make	VERB
faba-11	50	21	economic	economic	ADJ
faba-11	50	22	profits	profit	NOUN
faba-11	50	23	by	by	ADP
faba-11	50	24	trading	trading	NOUN
faba-11	50	25	based	base	VERB
faba-11	50	26	on	on	ADP
faba-11	50	27	the	the	DET
faba-11	50	28	respective	respective	ADJ
faba-11	50	29	information	information	NOUN
faba-11	50	30	”	"	PUNCT
faba-11	50	31	.	.	PUNCT
faba-11	51	1	the	the	DET
faba-11	51	2	emh	emh	PROPN
faba-11	51	3	theory	theory	NOUN
faba-11	51	4	pertains	pertain	VERB
faba-11	51	5	to	to	ADP
faba-11	51	6	this	this	DET
faba-11	51	7	study	study	NOUN
faba-11	51	8	since	since	SCONJ
faba-11	51	9	the	the	DET
faba-11	51	10	analysis	analysis	NOUN
faba-11	51	11	of	of	ADP
faba-11	51	12	the	the	DET
faba-11	51	13	predictive	predictive	ADJ
faba-11	51	14	power	power	NOUN
faba-11	51	15	of	of	ADP
faba-11	51	16	trading	trading	NOUN
faba-11	51	17	volume	volume	NOUN
faba-11	51	18	is	be	AUX
faba-11	51	19	basically	basically	ADV
faba-11	51	20	an	an	DET
faba-11	51	21	effort	effort	NOUN
faba-11	51	22	to	to	PART
faba-11	51	23	find	find	VERB
faba-11	51	24	ways	way	NOUN
faba-11	51	25	to	to	PART
faba-11	51	26	predict	predict	VERB
faba-11	51	27	the	the	DET
faba-11	51	28	future	future	ADJ
faba-11	51	29	prices	price	NOUN
faba-11	51	30	(	(	PUNCT
faba-11	51	31	and	and	CCONJ
faba-11	51	32	return	return	VERB
faba-11	51	33	)	)	PUNCT
faba-11	51	34	and	and	CCONJ
faba-11	51	35	to	to	PART
faba-11	51	36	beat	beat	VERB
faba-11	51	37	the	the	DET
faba-11	51	38	market	market	NOUN
faba-11	51	39	be	be	AUX
faba-11	51	40	making	make	VERB
faba-11	51	41	a	a	DET
faba-11	51	42	proactive	proactive	ADJ
faba-11	51	43	strategy	strategy	NOUN
faba-11	51	44	in	in	ADP
faba-11	51	45	investment	investment	NOUN
faba-11	51	46	.	.	PUNCT
faba-11	52	1	thus	thus	ADV
faba-11	52	2	,	,	PUNCT
faba-11	52	3	the	the	DET
faba-11	52	4	researcher	researcher	NOUN
faba-11	52	5	is	be	AUX
faba-11	52	6	implying	imply	VERB
faba-11	52	7	that	that	SCONJ
faba-11	52	8	the	the	DET
faba-11	52	9	stock	stock	NOUN
faba-11	52	10	markets	market	NOUN
faba-11	52	11	in	in	ADP
faba-11	52	12	southeast	southeast	PROPN
faba-11	52	13	asia	asia	PROPN
faba-11	52	14	might	might	AUX
faba-11	52	15	be	be	AUX
faba-11	52	16	imperfect	imperfect	ADJ
faba-11	52	17	and	and	CCONJ
faba-11	52	18	not	not	PART
faba-11	52	19	fully	fully	ADV
faba-11	52	20	efficient	efficient	ADJ
faba-11	52	21	;	;	PUNCT
faba-11	52	22	or	or	CCONJ
faba-11	52	23	showing	show	VERB
faba-11	52	24	a	a	DET
faba-11	52	25	weak	weak	ADJ
faba-11	52	26	or	or	CCONJ
faba-11	52	27	semistrong	semistrong	ADJ
faba-11	52	28	emh	emh	PROPN
faba-11	52	29	.	.	PUNCT
faba-11	53	1	the	the	DET
faba-11	53	2	dynamics	dynamic	NOUN
faba-11	53	3	between	between	ADP
faba-11	53	4	trading	trading	NOUN
faba-11	53	5	volume	volume	NOUN
faba-11	53	6	,	,	PUNCT
faba-11	53	7	stock	stock	NOUN
faba-11	53	8	returns	return	NOUN
faba-11	53	9	and	and	CCONJ
faba-11	53	10	the	the	DET
faba-11	53	11	volatility	volatility	NOUN
faba-11	53	12	of	of	ADP
faba-11	53	13	stock	stock	NOUN
faba-11	53	14	market	market	NOUN
faba-11	53	15	returns	return	NOUN
faba-11	53	16	can	can	AUX
faba-11	53	17	be	be	AUX
faba-11	53	18	explained	explain	VERB
faba-11	53	19	by	by	ADP
faba-11	53	20	two	two	NUM
faba-11	53	21	basic	basic	ADJ
faba-11	53	22	approaches	approach	NOUN
faba-11	53	23	.	.	PUNCT
faba-11	54	1	the	the	DET
faba-11	54	2	first	first	ADJ
faba-11	54	3	group	group	NOUN
faba-11	54	4	of	of	ADP
faba-11	54	5	approach	approach	NOUN
faba-11	54	6	suggests	suggest	VERB
faba-11	54	7	that	that	SCONJ
faba-11	54	8	differences	difference	NOUN
faba-11	54	9	in	in	ADP
faba-11	54	10	investor	investor	NOUN
faba-11	54	11	opinions	opinion	NOUN
faba-11	54	12	and	and	CCONJ
faba-11	54	13	expectations	expectation	NOUN
faba-11	54	14	are	be	AUX
faba-11	54	15	the	the	DET
faba-11	54	16	source	source	NOUN
faba-11	54	17	of	of	ADP
faba-11	54	18	changes	change	NOUN
faba-11	54	19	in	in	ADP
faba-11	54	20	trading	trading	NOUN
faba-11	54	21	volume	volume	NOUN
faba-11	54	22	,	,	PUNCT
faba-11	54	23	price	price	NOUN
faba-11	54	24	change	change	NOUN
faba-11	54	25	and	and	CCONJ
faba-11	54	26	volatility	volatility	NOUN
faba-11	54	27	(	(	PUNCT
faba-11	54	28	admati	admati	PROPN
faba-11	54	29	&	&	CCONJ
faba-11	54	30	pfleiderer	pfleiderer	PROPN
faba-11	54	31	,	,	PUNCT
faba-11	54	32	1988	1988	NUM
faba-11	54	33	;	;	PUNCT
faba-11	54	34	harris	harris	PROPN
faba-11	54	35	&	&	CCONJ
faba-11	54	36	raviv	raviv	PROPN
faba-11	54	37	,	,	PUNCT
faba-11	54	38	1993	1993	NUM
faba-11	54	39	;	;	PUNCT
faba-11	54	40	wang	wang	PROPN
faba-11	54	41	,	,	PUNCT
faba-11	54	42	1994	1994	NUM
faba-11	54	43	;	;	PUNCT
faba-11	54	44	he	he	PRON
faba-11	54	45	&	&	CCONJ
faba-11	54	46	wang	wang	PROPN
faba-11	54	47	,	,	PUNCT
faba-11	54	48	1995	1995	NUM
faba-11	54	49	)	)	PUNCT
faba-11	54	50	.	.	PUNCT
faba-11	55	1	the	the	DET
faba-11	55	2	second	second	ADJ
faba-11	55	3	group	group	NOUN
faba-11	55	4	of	of	ADP
faba-11	55	5	approach	approach	NOUN
faba-11	55	6	suggests	suggest	VERB
faba-11	55	7	that	that	SCONJ
faba-11	55	8	it	it	PRON
faba-11	55	9	is	be	AUX
faba-11	55	10	the	the	DET
faba-11	55	11	manner	manner	NOUN
faba-11	55	12	in	in	ADP
faba-11	55	13	which	which	PRON
faba-11	55	14	information	information	NOUN
faba-11	55	15	arrives	arrive	VERB
faba-11	55	16	at	at	ADP
faba-11	55	17	the	the	DET
faba-11	55	18	market	market	NOUN
faba-11	55	19	which	which	PRON
faba-11	55	20	determines	determine	VERB
faba-11	55	21	the	the	DET
faba-11	55	22	relationship	relationship	NOUN
faba-11	55	23	between	between	ADP
faba-11	55	24	the	the	DET
faba-11	55	25	three	three	NUM
faba-11	55	26	variables	variable	NOUN
faba-11	55	27	.	.	PUNCT
faba-11	56	1	the	the	DET
faba-11	56	2	two	two	NUM
faba-11	56	3	most	most	ADV
faba-11	56	4	cited	cite	VERB
faba-11	56	5	theories	theory	NOUN
faba-11	56	6	under	under	ADP
faba-11	56	7	the	the	DET
faba-11	56	8	second	second	ADJ
faba-11	56	9	group	group	NOUN
faba-11	56	10	are	be	AUX
faba-11	56	11	the	the	DET
faba-11	56	12	sequential	sequential	ADJ
faba-11	56	13	information	information	NOUN
faba-11	56	14	arrival	arrival	NOUN
faba-11	56	15	hypothesis	hypothesis	NOUN
faba-11	56	16	(	(	PUNCT
faba-11	56	17	siah	siah	PROPN
faba-11	56	18	)	)	PUNCT
faba-11	56	19	and	and	CCONJ
faba-11	56	20	the	the	DET
faba-11	56	21	mixture	mixture	NOUN
faba-11	56	22	of	of	ADP
faba-11	56	23	distribution	distribution	NOUN
faba-11	56	24	hypothesis	hypothesis	NOUN
faba-11	56	25	(	(	PUNCT
faba-11	56	26	mdh	mdh	PROPN
faba-11	56	27	)	)	PUNCT
faba-11	56	28	.	.	PUNCT
faba-11	57	1	copeland	copeland	PROPN
faba-11	57	2	(	(	PUNCT
faba-11	57	3	1976	1976	NUM
faba-11	57	4	)	)	PUNCT
faba-11	57	5	proposes	propose	VERB
faba-11	57	6	the	the	DET
faba-11	57	7	siah	siah	PROPN
faba-11	57	8	,	,	PUNCT
faba-11	57	9	which	which	PRON
faba-11	57	10	is	be	AUX
faba-11	57	11	,	,	PUNCT
faba-11	57	12	later	later	ADV
faba-11	57	13	extended	extend	VERB
faba-11	57	14	by	by	ADP
faba-11	57	15	morse	morse	PROPN
faba-11	57	16	(	(	PUNCT
faba-11	57	17	1980	1980	NUM
faba-11	57	18	)	)	PUNCT
faba-11	57	19	and	and	CCONJ
faba-11	57	20	jennings	jennings	PROPN
faba-11	57	21	,	,	PUNCT
faba-11	57	22	starks	stark	NOUN
faba-11	57	23	and	and	CCONJ
faba-11	57	24	fellingham	fellingham	PROPN
faba-11	57	25	(	(	PUNCT
faba-11	57	26	1981	1981	NUM
faba-11	57	27	)	)	PUNCT
faba-11	57	28	.	.	PUNCT
faba-11	58	1	according	accord	VERB
faba-11	58	2	to	to	ADP
faba-11	58	3	the	the	DET
faba-11	58	4	theory	theory	NOUN
faba-11	58	5	,	,	PUNCT
faba-11	58	6	a	a	DET
faba-11	58	7	positive	positive	ADJ
faba-11	58	8	bidirectional	bidirectional	ADJ
faba-11	58	9	causality	causality	NOUN
faba-11	58	10	relationship	relationship	NOUN
faba-11	58	11	exists	exist	VERB
faba-11	58	12	between	between	ADP
faba-11	58	13	absolute	absolute	ADJ
faba-11	58	14	values	value	NOUN
faba-11	58	15	of	of	ADP
faba-11	58	16	price	price	NOUN
faba-11	58	17	changes	change	NOUN
faba-11	58	18	and	and	CCONJ
faba-11	58	19	volume	volume	NOUN
faba-11	58	20	.	.	PUNCT
faba-11	59	1	siah	siah	PROPN
faba-11	59	2	assumes	assume	VERB
faba-11	59	3	that	that	SCONJ
faba-11	59	4	all	all	DET
faba-11	59	5	traders	trader	NOUN
faba-11	59	6	receive	receive	VERB
faba-11	59	7	new	new	ADJ
faba-11	59	8	information	information	NOUN
faba-11	59	9	in	in	ADP
faba-11	59	10	a	a	DET
faba-11	59	11	sequence	sequence	NOUN
faba-11	59	12	.	.	PUNCT
faba-11	60	1	in	in	ADP
faba-11	60	2	other	other	ADJ
faba-11	60	3	words	word	NOUN
faba-11	60	4	,	,	PUNCT
faba-11	60	5	new	new	ADJ
faba-11	60	6	information	information	NOUN
faba-11	60	7	that	that	PRON
faba-11	60	8	reaches	reach	VERB
faba-11	60	9	the	the	DET
faba-11	60	10	market	market	NOUN
faba-11	60	11	does	do	AUX
faba-11	60	12	not	not	PART
faba-11	60	13	reach	reach	VERB
faba-11	60	14	all	all	DET
faba-11	60	15	participants	participant	NOUN
faba-11	60	16	simultaneously	simultaneously	ADV
faba-11	60	17	,	,	PUNCT
faba-11	60	18	but	but	CCONJ
faba-11	60	19	to	to	ADP
faba-11	60	20	one	one	NUM
faba-11	60	21	at	at	ADP
faba-11	60	22	a	a	DET
faba-11	60	23	time	time	NOUN
faba-11	60	24	.	.	PUNCT
faba-11	61	1	as	as	SCONJ
faba-11	61	2	information	information	NOUN
faba-11	61	3	is	be	AUX
faba-11	61	4	distributed	distribute	VERB
faba-11	61	5	sequentially	sequentially	ADV
faba-11	61	6	from	from	ADP
faba-11	61	7	one	one	NUM
faba-11	61	8	group	group	NOUN
faba-11	61	9	to	to	ADP
faba-11	61	10	another	another	PRON
faba-11	61	11	,	,	PUNCT
faba-11	61	12	traders	trader	NOUN
faba-11	61	13	revise	revise	VERB
faba-11	61	14	their	their	PRON
faba-11	61	15	positions	position	NOUN
faba-11	61	16	every	every	DET
faba-11	61	17	time	time	NOUN
faba-11	61	18	new	new	ADJ
faba-11	61	19	information	information	NOUN
faba-11	61	20	arrives	arrive	VERB
faba-11	61	21	and	and	CCONJ
faba-11	61	22	the	the	DET
faba-11	61	23	final	final	ADJ
faba-11	61	24	equilibrium	equilibrium	NOUN
faba-11	61	25	is	be	AUX
faba-11	61	26	only	only	ADV
faba-11	61	27	established	establish	VERB
faba-11	61	28	after	after	ADP
faba-11	61	29	a	a	DET
faba-11	61	30	sequence	sequence	NOUN
faba-11	61	31	of	of	ADP
faba-11	61	32	transitional	transitional	ADJ
faba-11	61	33	equilibriums	equilibrium	NOUN
faba-11	61	34	.	.	PUNCT
faba-11	62	1	therefore	therefore	ADV
faba-11	62	2	,	,	PUNCT
faba-11	62	3	due	due	ADP
faba-11	62	4	to	to	ADP
faba-11	62	5	the	the	DET
faba-11	62	6	series	series	NOUN
faba-11	62	7	of	of	ADP
faba-11	62	8	multidirectional	multidirectional	ADJ
faba-11	62	9	information	information	NOUN
faba-11	62	10	flow	flow	NOUN
faba-11	62	11	,	,	PUNCT
faba-11	62	12	siah	siah	PROPN
faba-11	62	13	suggests	suggest	VERB
faba-11	62	14	that	that	SCONJ
faba-11	62	15	there	there	PRON
faba-11	62	16	should	should	AUX
faba-11	62	17	be	be	AUX
faba-11	62	18	a	a	DET
faba-11	62	19	bidirectional	bidirectional	ADJ
faba-11	62	20	lead	lead	NOUN
faba-11	62	21	-	-	PUNCT
faba-11	62	22	lag	lag	NOUN
faba-11	62	23	relation	relation	NOUN
faba-11	62	24	between	between	ADP
faba-11	62	25	volume	volume	NOUN
faba-11	62	26	and	and	CCONJ
faba-11	62	27	volatility	volatility	NOUN
faba-11	62	28	.	.	PUNCT
faba-11	63	1	lagged	lag	VERB
faba-11	63	2	values	value	NOUN
faba-11	63	3	of	of	ADP
faba-11	63	4	volume	volume	NOUN
faba-11	63	5	may	may	AUX
faba-11	63	6	contain	contain	VERB
faba-11	63	7	the	the	DET
faba-11	63	8	information	information	NOUN
faba-11	63	9	that	that	PRON
faba-11	63	10	is	be	AUX
faba-11	63	11	useful	useful	ADJ
faba-11	63	12	to	to	PART
faba-11	63	13	predict	predict	VERB
faba-11	63	14	current	current	ADJ
faba-11	63	15	price	price	NOUN
faba-11	63	16	returns	return	NOUN
faba-11	63	17	and	and	CCONJ
faba-11	63	18	,	,	PUNCT
faba-11	63	19	vice	vice	ADV
faba-11	63	20	versa	versa	ADV
faba-11	63	21	(	(	PUNCT
faba-11	63	22	celik	celik	PROPN
faba-11	63	23	,	,	PUNCT
faba-11	63	24	2013	2013	NUM
faba-11	63	25	)	)	PUNCT
faba-11	63	26	.	.	PUNCT
faba-11	64	1	in	in	ADP
faba-11	64	2	contrary	contrary	ADJ
faba-11	64	3	to	to	ADP
faba-11	64	4	that	that	PRON
faba-11	64	5	,	,	PUNCT
faba-11	64	6	the	the	DET
faba-11	64	7	mixture	mixture	NOUN
faba-11	64	8	of	of	ADP
faba-11	64	9	distribution	distribution	NOUN
faba-11	64	10	models	model	NOUN
faba-11	64	11	(	(	PUNCT
faba-11	64	12	mdh	mdh	PROPN
faba-11	64	13	)	)	PUNCT
faba-11	64	14	is	be	AUX
faba-11	64	15	championed	champion	VERB
faba-11	64	16	by	by	ADP
faba-11	64	17	clark	clark	PROPN
faba-11	64	18	(	(	PUNCT
faba-11	64	19	1973	1973	NUM
faba-11	64	20	)	)	PUNCT
faba-11	64	21	,	,	PUNCT
faba-11	64	22	epps	epps	PROPN
faba-11	64	23	and	and	CCONJ
faba-11	64	24	epps	epps	PROPN
faba-11	64	25	(	(	PUNCT
faba-11	64	26	1976	1976	NUM
faba-11	64	27	)	)	PUNCT
faba-11	64	28	,	,	PUNCT
faba-11	64	29	and	and	CCONJ
faba-11	64	30	harris	harris	PROPN
faba-11	64	31	(	(	PUNCT
faba-11	64	32	1986	1986	NUM
faba-11	64	33	)	)	PUNCT
faba-11	64	34	.	.	PUNCT
faba-11	65	1	the	the	DET
faba-11	65	2	theory	theory	NOUN
faba-11	65	3	states	state	VERB
faba-11	65	4	that	that	SCONJ
faba-11	65	5	price	price	NOUN
faba-11	65	6	changes	change	NOUN
faba-11	65	7	and	and	CCONJ
faba-11	65	8	trading	trading	NOUN
faba-11	65	9	volume	volume	NOUN
faba-11	65	10	relations	relation	NOUN
faba-11	65	11	occur	occur	VERB
faba-11	65	12	due	due	ADP
faba-11	65	13	to	to	ADP
faba-11	65	14	a	a	DET
faba-11	65	15	mixture	mixture	NOUN
faba-11	65	16	of	of	ADP
faba-11	65	17	distribution	distribution	NOUN
faba-11	65	18	.	.	PUNCT
faba-11	66	1	epps	epps	PROPN
faba-11	66	2	and	and	CCONJ
faba-11	66	3	epps	epps	PROPN
faba-11	66	4	(	(	PUNCT
faba-11	66	5	1976	1976	NUM
faba-11	66	6	)	)	PUNCT
faba-11	66	7	use	use	VERB
faba-11	66	8	trading	trading	NOUN
faba-11	66	9	volume	volume	NOUN
faba-11	66	10	to	to	PART
faba-11	66	11	measure	measure	VERB
faba-11	66	12	the	the	DET
faba-11	66	13	level	level	NOUN
faba-11	66	14	of	of	ADP
faba-11	66	15	market	market	NOUN
faba-11	66	16	disagreement	disagreement	NOUN
faba-11	66	17	as	as	SCONJ
faba-11	66	18	traders	trader	NOUN
faba-11	66	19	revise	revise	VERB
faba-11	66	20	their	their	PRON
faba-11	66	21	reservation	reservation	NOUN
faba-11	66	22	prices	price	NOUN
faba-11	66	23	based	base	VERB
faba-11	66	24	on	on	ADP
faba-11	66	25	the	the	DET
faba-11	66	26	arrival	arrival	NOUN
faba-11	66	27	of	of	ADP
faba-11	66	28	new	new	ADJ
faba-11	66	29	information	information	NOUN
faba-11	66	30	into	into	ADP
faba-11	66	31	the	the	DET
faba-11	66	32	market	market	NOUN
faba-11	66	33	.	.	PUNCT
faba-11	67	1	as	as	SCONJ
faba-11	67	2	market	market	NOUN
faba-11	67	3	disagreement	disagreement	NOUN
faba-11	67	4	widens	widen	VERB
faba-11	67	5	,	,	PUNCT
faba-11	67	6	the	the	DET
faba-11	67	7	resulting	result	VERB
faba-11	67	8	revisions	revision	NOUN
faba-11	67	9	in	in	ADP
faba-11	67	10	reservation	reservation	NOUN
faba-11	67	11	price	price	NOUN
faba-11	67	12	,	,	PUNCT
faba-11	67	13	in	in	ADP
faba-11	67	14	turn	turn	NOUN
faba-11	67	15	,	,	PUNCT
faba-11	67	16	will	will	AUX
faba-11	67	17	increase	increase	VERB
faba-11	67	18	the	the	DET
faba-11	67	19	level	level	NOUN
faba-11	67	20	of	of	ADP
faba-11	67	21	trading	trading	NOUN
faba-11	67	22	volume	volume	NOUN
faba-11	67	23	.	.	PUNCT
faba-11	68	1	since	since	SCONJ
faba-11	68	2	all	all	DET
faba-11	68	3	traders	trader	NOUN
faba-11	68	4	simultaneously	simultaneously	ADV
faba-11	68	5	receive	receive	VERB
faba-11	68	6	new	new	ADJ
faba-11	68	7	information	information	NOUN
faba-11	68	8	and	and	CCONJ
faba-11	68	9	that	that	SCONJ
faba-11	68	10	the	the	DET
faba-11	68	11	price	price	NOUN
faba-11	68	12	and	and	CCONJ
faba-11	68	13	volume	volume	NOUN
faba-11	68	14	change	change	NOUN
faba-11	68	15	simultaneously	simultaneously	ADV
faba-11	68	16	,	,	PUNCT
faba-11	68	17	hence	hence	ADV
faba-11	68	18	it	it	PRON
faba-11	68	19	should	should	AUX
faba-11	68	20	be	be	AUX
faba-11	68	21	impossible	impossible	ADJ
faba-11	68	22	to	to	PART
faba-11	68	23	use	use	VERB
faba-11	68	24	past	past	ADJ
faba-11	68	25	return	return	NOUN
faba-11	68	26	data	datum	NOUN
faba-11	68	27	to	to	AUX
faba-11	68	28	forecast	forecast	NOUN
faba-11	68	29	volume	volume	NOUN
faba-11	68	30	.	.	PUNCT
faba-11	69	1	relationship	relationship	NOUN
faba-11	69	2	between	between	ADP
faba-11	69	3	trading	trading	NOUN
faba-11	69	4	volume	volume	NOUN
faba-11	69	5	and	and	CCONJ
faba-11	69	6	stock	stock	NOUN
faba-11	69	7	market	market	NOUN
faba-11	69	8	returns	return	VERB
faba-11	69	9	blume	blume	PROPN
faba-11	69	10	et	et	PROPN
faba-11	69	11	al	al	PROPN
faba-11	69	12	.	.	PROPN
faba-11	70	1	(	(	PUNCT
faba-11	70	2	1994	1994	NUM
faba-11	70	3	)	)	PUNCT
faba-11	70	4	investigate	investigate	VERB
faba-11	70	5	and	and	CCONJ
faba-11	70	6	develop	develop	VERB
faba-11	70	7	a	a	DET
faba-11	70	8	model	model	NOUN
faba-11	70	9	that	that	PRON
faba-11	70	10	links	link	VERB
faba-11	70	11	trading	trade	VERB
faba-11	70	12	volume	volume	NOUN
faba-11	70	13	to	to	ADP
faba-11	70	14	stock	stock	NOUN
faba-11	70	15	price	price	NOUN
faba-11	70	16	behavior	behavior	NOUN
faba-11	70	17	.	.	PUNCT
faba-11	71	1	in	in	ADP
faba-11	71	2	their	their	PRON
faba-11	71	3	model	model	NOUN
faba-11	71	4	,	,	PUNCT
faba-11	71	5	the	the	DET
faba-11	71	6	aggregate	aggregate	ADJ
faba-11	71	7	supply	supply	NOUN
faba-11	71	8	is	be	AUX
faba-11	71	9	fixed	fix	VERB
faba-11	71	10	,	,	PUNCT
faba-11	71	11	while	while	SCONJ
faba-11	71	12	the	the	DET
faba-11	71	13	demand	demand	NOUN
faba-11	71	14	side	side	NOUN
faba-11	71	15	changes	change	NOUN
faba-11	71	16	as	as	SCONJ
faba-11	71	17	traders	trader	NOUN
faba-11	71	18	receive	receive	VERB
faba-11	71	19	various	various	ADJ
faba-11	71	20	signals	signal	NOUN
faba-11	71	21	about	about	ADP
faba-11	71	22	fundamental	fundamental	ADJ
faba-11	71	23	values	value	NOUN
faba-11	71	24	of	of	ADP
faba-11	71	25	assets	asset	NOUN
faba-11	71	26	.	.	PUNCT
faba-11	72	1	in	in	ADP
faba-11	72	2	their	their	PRON
faba-11	72	3	analysis	analysis	NOUN
faba-11	72	4	,	,	PUNCT
faba-11	72	5	trading	trading	NOUN
faba-11	72	6	volume	volume	NOUN
faba-11	72	7	indicates	indicate	VERB
faba-11	72	8	the	the	DET
faba-11	72	9	quality	quality	NOUN
faba-11	72	10	or	or	CCONJ
faba-11	72	11	precision	precision	NOUN
faba-11	72	12	of	of	ADP
faba-11	72	13	information	information	NOUN
faba-11	72	14	in	in	ADP
faba-11	72	15	past	past	ADJ
faba-11	72	16	price	price	NOUN
faba-11	72	17	movements	movement	NOUN
faba-11	72	18	.	.	PUNCT
faba-11	73	1	they	they	PRON
faba-11	73	2	suggest	suggest	VERB
faba-11	73	3	that	that	SCONJ
faba-11	73	4	investors	investor	NOUN
faba-11	73	5	who	who	PRON
faba-11	73	6	consider	consider	VERB
faba-11	73	7	some	some	DET
faba-11	73	8	measurement	measurement	NOUN
faba-11	73	9	of	of	ADP
faba-11	73	10	past	past	ADJ
faba-11	73	11	volume	volume	NOUN
faba-11	73	12	in	in	ADP
faba-11	73	13	their	their	PRON
faba-11	73	14	technical	technical	ADJ
faba-11	73	15	analysis	analysis	NOUN
faba-11	73	16	can	can	AUX
faba-11	73	17	obtain	obtain	VERB
faba-11	73	18	additional	additional	ADJ
faba-11	73	19	profits	profit	NOUN
faba-11	73	20	and	and	CCONJ
faba-11	73	21	perform	perform	VERB
faba-11	73	22	better	well	ADV
faba-11	73	23	than	than	ADP
faba-11	73	24	those	those	PRON
faba-11	73	25	who	who	PRON
faba-11	73	26	only	only	ADV
faba-11	73	27	rely	rely	VERB
faba-11	73	28	on	on	ADP
faba-11	73	29	price	price	NOUN
faba-11	73	30	measures	measure	NOUN
faba-11	73	31	.	.	PUNCT
faba-11	74	1	podobnik	podobnik	PROPN
faba-11	74	2	,	,	PUNCT
faba-11	74	3	horvatic	horvatic	NOUN
faba-11	74	4	,	,	PUNCT
faba-11	74	5	petersen	petersen	PROPN
faba-11	74	6	and	and	CCONJ
faba-11	74	7	stanley	stanley	PROPN
faba-11	74	8	(	(	PUNCT
faba-11	74	9	2009	2009	NUM
faba-11	74	10	)	)	PUNCT
faba-11	74	11	investigate	investigate	VERB
faba-11	74	12	the	the	DET
faba-11	74	13	possible	possible	ADJ
faba-11	74	14	relations	relation	NOUN
faba-11	74	15	between	between	ADP
faba-11	74	16	the	the	DET
faba-11	74	17	two	two	NUM
faba-11	74	18	variables	variable	NOUN
faba-11	74	19	by	by	ADP
faba-11	74	20	analyzing	analyze	VERB
faba-11	74	21	the	the	DET
faba-11	74	22	properties	property	NOUN
faba-11	74	23	of	of	ADP
faba-11	74	24	the	the	DET
faba-11	74	25	logarithmic	logarithmic	ADJ
faba-11	74	26	volume	volume	NOUN
faba-11	74	27	-	-	PUNCT
faba-11	74	28	price	price	NOUN
faba-11	74	29	changes	change	NOUN
faba-11	74	30	.	.	PUNCT
faba-11	75	1	using	use	VERB
faba-11	75	2	de	de	ADJ
faba-11	75	3	-	-	ADJ
faba-11	75	4	trended	trended	ADJ
faba-11	75	5	cross	cross	ADJ
faba-11	75	6	-	-	ADJ
faba-11	75	7	correlation	correlation	ADJ
faba-11	75	8	analysis	analysis	NOUN
faba-11	75	9	on	on	ADP
faba-11	75	10	daily	daily	ADJ
faba-11	75	11	data	datum	NOUN
faba-11	75	12	of	of	ADP
faba-11	75	13	the	the	DET
faba-11	75	14	new	new	PROPN
faba-11	75	15	york	york	PROPN
faba-11	75	16	stock	stock	PROPN
faba-11	75	17	exchange	exchange	PROPN
faba-11	75	18	(	(	PUNCT
faba-11	75	19	nyse	nyse	PROPN
faba-11	75	20	)	)	PUNCT
faba-11	75	21	,	,	PUNCT
faba-11	75	22	standard	standard	NOUN
faba-11	75	23	and	and	CCONJ
faba-11	75	24	poor	poor	ADJ
faba-11	75	25	’s	’s	PART
faba-11	75	26	(	(	PUNCT
faba-11	75	27	s&p	s&p	PROPN
faba-11	75	28	)	)	PUNCT
faba-11	75	29	500	500	NUM
faba-11	75	30	index	index	NOUN
faba-11	75	31	and	and	CCONJ
faba-11	75	32	28	28	NUM
faba-11	75	33	other	other	ADJ
faba-11	75	34	financial	financial	ADJ
faba-11	75	35	indices	index	NOUN
faba-11	75	36	all	all	ADV
faba-11	75	37	around	around	ADP
faba-11	75	38	the	the	DET
faba-11	75	39	world	world	NOUN
faba-11	75	40	,	,	PUNCT
faba-11	75	41	they	they	PRON
faba-11	75	42	propose	propose	VERB
faba-11	75	43	that	that	SCONJ
faba-11	75	44	the	the	DET
faba-11	75	45	underlying	underlie	VERB
faba-11	75	46	processes	process	NOUN
faba-11	75	47	for	for	ADP
faba-11	75	48	logarithmic	logarithmic	ADJ
faba-11	75	49	price	price	NOUN
faba-11	75	50	change	change	NOUN
faba-11	75	51	and	and	CCONJ
faba-11	75	52	logarithmic	logarithmic	ADJ
faba-11	75	53	volume	volume	NOUN
faba-11	75	54	change	change	NOUN
faba-11	75	55	are	be	AUX
faba-11	75	56	m.r	m.r	PROPN
faba-11	75	57	.	.	PROPN
faba-11	75	58	miseman	miseman	PROPN
faba-11	75	59	et	et	PROPN
faba-11	75	60	al	al	PROPN
faba-11	75	61	.	.	PUNCT
faba-11	75	62	/	/	SYM
faba-11	75	63	finance	finance	NOUN
faba-11	75	64	,	,	PUNCT
faba-11	75	65	accounting	accounting	NOUN
faba-11	75	66	and	and	CCONJ
faba-11	75	67	business	business	NOUN
faba-11	75	68	analisys	analisys	NOUN
faba-11	75	69	4	4	NUM
faba-11	75	70	similar	similar	ADJ
faba-11	75	71	.	.	PUNCT
faba-11	76	1	smirlock	smirlock	NOUN
faba-11	76	2	and	and	CCONJ
faba-11	76	3	starks	stark	NOUN
faba-11	76	4	(	(	PUNCT
faba-11	76	5	1988	1988	NUM
faba-11	76	6	)	)	PUNCT
faba-11	76	7	applied	apply	VERB
faba-11	76	8	the	the	DET
faba-11	76	9	granger	granger	PROPN
faba-11	76	10	causality	causality	NOUN
faba-11	76	11	technique	technique	NOUN
faba-11	76	12	to	to	PART
faba-11	76	13	examine	examine	VERB
faba-11	76	14	the	the	DET
faba-11	76	15	lagged	lag	VERB
faba-11	76	16	relationship	relationship	NOUN
faba-11	76	17	between	between	ADP
faba-11	76	18	absolute	absolute	ADJ
faba-11	76	19	price	price	NOUN
faba-11	76	20	changes	change	NOUN
faba-11	76	21	and	and	CCONJ
faba-11	76	22	volume	volume	NOUN
faba-11	76	23	in	in	ADP
faba-11	76	24	equity	equity	NOUN
faba-11	76	25	markets	market	NOUN
faba-11	76	26	and	and	CCONJ
faba-11	76	27	investigate	investigate	VERB
faba-11	76	28	the	the	DET
faba-11	76	29	implications	implication	NOUN
faba-11	76	30	of	of	ADP
faba-11	76	31	this	this	DET
faba-11	76	32	relationship	relationship	NOUN
faba-11	76	33	for	for	ADP
faba-11	76	34	the	the	DET
faba-11	76	35	microstructure	microstructure	NOUN
faba-11	76	36	of	of	ADP
faba-11	76	37	these	these	DET
faba-11	76	38	markets	market	NOUN
faba-11	76	39	.	.	PUNCT
faba-11	77	1	their	their	PRON
faba-11	77	2	results	result	NOUN
faba-11	77	3	indicate	indicate	VERB
faba-11	77	4	that	that	SCONJ
faba-11	77	5	there	there	PRON
faba-11	77	6	is	be	VERB
faba-11	77	7	a	a	DET
faba-11	77	8	significant	significant	ADJ
faba-11	77	9	unidirectional	unidirectional	ADJ
faba-11	77	10	causal	causal	NOUN
faba-11	77	11	relationship	relationship	NOUN
faba-11	77	12	running	run	VERB
faba-11	77	13	from	from	ADP
faba-11	77	14	absolute	absolute	ADJ
faba-11	77	15	price	price	NOUN
faba-11	77	16	changes	change	NOUN
faba-11	77	17	to	to	PART
faba-11	77	18	volume	volume	VERB
faba-11	77	19	at	at	ADP
faba-11	77	20	the	the	DET
faba-11	77	21	firm	firm	ADJ
faba-11	77	22	level	level	NOUN
faba-11	77	23	.	.	PUNCT
faba-11	78	1	in	in	ADP
faba-11	78	2	addition	addition	NOUN
faba-11	78	3	,	,	PUNCT
faba-11	78	4	bauer	bauer	NOUN
faba-11	78	5	and	and	CCONJ
faba-11	78	6	nieuwland	nieuwland	PROPN
faba-11	78	7	(	(	PUNCT
faba-11	78	8	1995	1995	NUM
faba-11	78	9	)	)	PUNCT
faba-11	78	10	investigate	investigate	VERB
faba-11	78	11	this	this	DET
faba-11	78	12	issue	issue	NOUN
faba-11	78	13	by	by	ADP
faba-11	78	14	using	use	VERB
faba-11	78	15	daily	daily	ADJ
faba-11	78	16	stock	stock	NOUN
faba-11	78	17	return	return	NOUN
faba-11	78	18	and	and	CCONJ
faba-11	78	19	volumes	volume	NOUN
faba-11	78	20	for	for	ADP
faba-11	78	21	30	30	NUM
faba-11	78	22	stocks	stock	NOUN
faba-11	78	23	listed	list	VERB
faba-11	78	24	in	in	ADP
faba-11	78	25	frankfurt	frankfurt	PROPN
faba-11	78	26	stock	stock	NOUN
faba-11	78	27	market	market	NOUN
faba-11	78	28	.	.	PUNCT
faba-11	79	1	however	however	ADV
faba-11	79	2	,	,	PUNCT
faba-11	79	3	they	they	PRON
faba-11	79	4	find	find	VERB
faba-11	79	5	that	that	SCONJ
faba-11	79	6	trading	trading	NOUN
faba-11	79	7	volume	volume	NOUN
faba-11	79	8	has	have	VERB
faba-11	79	9	exploratory	exploratory	ADJ
faba-11	79	10	power	power	NOUN
faba-11	79	11	to	to	PART
faba-11	79	12	predict	predict	VERB
faba-11	79	13	stock	stock	NOUN
faba-11	79	14	returns	return	NOUN
faba-11	79	15	and	and	CCONJ
faba-11	79	16	is	be	AUX
faba-11	79	17	valuable	valuable	ADJ
faba-11	79	18	as	as	ADP
faba-11	79	19	a	a	DET
faba-11	79	20	proxy	proxy	NOUN
faba-11	79	21	for	for	ADP
faba-11	79	22	information	information	NOUN
faba-11	79	23	arrival	arrival	NOUN
faba-11	79	24	.	.	PUNCT
faba-11	80	1	campbell	campbell	PROPN
faba-11	80	2	et	et	PROPN
faba-11	80	3	al	al	PROPN
faba-11	80	4	.	.	PROPN
faba-11	80	5	(	(	PUNCT
faba-11	80	6	1993	1993	NUM
faba-11	80	7	)	)	PUNCT
faba-11	80	8	present	present	VERB
faba-11	80	9	a	a	DET
faba-11	80	10	model	model	NOUN
faba-11	80	11	,	,	PUNCT
faba-11	80	12	which	which	PRON
faba-11	80	13	postulates	postulate	VERB
faba-11	80	14	that	that	SCONJ
faba-11	80	15	price	price	NOUN
faba-11	80	16	changes	change	NOUN
faba-11	80	17	accompanied	accompany	VERB
faba-11	80	18	by	by	ADP
faba-11	80	19	high	high	ADJ
faba-11	80	20	volume	volume	NOUN
faba-11	80	21	tend	tend	VERB
faba-11	80	22	to	to	PART
faba-11	80	23	be	be	AUX
faba-11	80	24	reversed	reverse	VERB
faba-11	80	25	,	,	PUNCT
faba-11	80	26	while	while	SCONJ
faba-11	80	27	prices	price	NOUN
faba-11	80	28	changes	change	VERB
faba-11	80	29	on	on	ADP
faba-11	80	30	days	day	NOUN
faba-11	80	31	with	with	ADP
faba-11	80	32	low	low	ADJ
faba-11	80	33	volume	volume	NOUN
faba-11	80	34	tend	tend	VERB
faba-11	80	35	to	to	PART
faba-11	80	36	stay	stay	VERB
faba-11	80	37	in	in	ADP
faba-11	80	38	the	the	DET
faba-11	80	39	current	current	ADJ
faba-11	80	40	direction	direction	NOUN
faba-11	80	41	.	.	PUNCT
faba-11	81	1	blume	blume	PROPN
faba-11	81	2	et	et	PROPN
faba-11	81	3	al	al	PROPN
faba-11	81	4	.	.	PROPN
faba-11	81	5	(	(	PUNCT
faba-11	81	6	1994	1994	NUM
faba-11	81	7	)	)	PUNCT
faba-11	81	8	finds	find	VERB
faba-11	81	9	that	that	DET
faba-11	81	10	volume	volume	NOUN
faba-11	81	11	is	be	AUX
faba-11	81	12	a	a	DET
faba-11	81	13	valuable	valuable	ADJ
faba-11	81	14	information	information	NOUN
faba-11	81	15	in	in	ADP
faba-11	81	16	technical	technical	ADJ
faba-11	81	17	analysis	analysis	NOUN
faba-11	81	18	.	.	PUNCT
faba-11	82	1	this	this	PRON
faba-11	82	2	is	be	AUX
faba-11	82	3	also	also	ADV
faba-11	82	4	supported	support	VERB
faba-11	82	5	by	by	ADP
faba-11	82	6	wang	wang	PROPN
faba-11	82	7	(	(	PUNCT
faba-11	82	8	1994	1994	NUM
faba-11	82	9	)	)	PUNCT
faba-11	82	10	,	,	PUNCT
faba-11	82	11	shows	show	VERB
faba-11	82	12	that	that	SCONJ
faba-11	82	13	volume	volume	NOUN
faba-11	82	14	may	may	AUX
faba-11	82	15	provide	provide	VERB
faba-11	82	16	information	information	NOUN
faba-11	82	17	about	about	ADP
faba-11	82	18	future	future	ADJ
faba-11	82	19	returns	return	NOUN
faba-11	82	20	via	via	ADP
faba-11	82	21	a	a	DET
faba-11	82	22	model	model	NOUN
faba-11	82	23	based	base	VERB
faba-11	82	24	on	on	ADP
faba-11	82	25	information	information	NOUN
faba-11	82	26	asymmetry	asymmetry	NOUN
faba-11	82	27	.	.	PUNCT
faba-11	83	1	chordia	chordia	NOUN
faba-11	83	2	and	and	CCONJ
faba-11	83	3	swaminathan	swaminathan	ADV
faba-11	83	4	(	(	PUNCT
faba-11	83	5	2000	2000	NUM
faba-11	83	6	)	)	PUNCT
faba-11	83	7	use	use	VERB
faba-11	83	8	var	var	NOUN
faba-11	83	9	tests	test	NOUN
faba-11	83	10	with	with	ADP
faba-11	83	11	pairs	pair	NOUN
faba-11	83	12	of	of	ADP
faba-11	83	13	high	high	ADJ
faba-11	83	14	and	and	CCONJ
faba-11	83	15	low	low	ADJ
faba-11	83	16	volume	volume	NOUN
faba-11	83	17	portfolio	portfolio	NOUN
faba-11	83	18	return	return	VERB
faba-11	83	19	to	to	PART
faba-11	83	20	analyze	analyze	VERB
faba-11	83	21	daily	daily	ADJ
faba-11	83	22	and	and	CCONJ
faba-11	83	23	weekly	weekly	ADJ
faba-11	83	24	stock	stock	NOUN
faba-11	83	25	return	return	NOUN
faba-11	83	26	as	as	ADV
faba-11	83	27	well	well	ADV
faba-11	83	28	as	as	ADP
faba-11	83	29	average	average	ADJ
faba-11	83	30	trading	trading	NOUN
faba-11	83	31	volume	volume	NOUN
faba-11	83	32	covering	cover	VERB
faba-11	83	33	long	long	ADJ
faba-11	83	34	period	period	NOUN
faba-11	83	35	from	from	ADP
faba-11	83	36	1963	1963	NUM
faba-11	83	37	to	to	ADP
faba-11	83	38	1996	1996	NUM
faba-11	83	39	.	.	PUNCT
faba-11	84	1	their	their	PRON
faba-11	84	2	findings	finding	NOUN
faba-11	84	3	show	show	VERB
faba-11	84	4	that	that	SCONJ
faba-11	84	5	daily	daily	ADJ
faba-11	84	6	or	or	CCONJ
faba-11	84	7	weekly	weekly	ADJ
faba-11	84	8	returns	return	NOUN
faba-11	84	9	of	of	ADP
faba-11	84	10	stocks	stock	NOUN
faba-11	84	11	with	with	ADP
faba-11	84	12	high	high	ADJ
faba-11	84	13	volume	volume	NOUN
faba-11	84	14	lead	lead	NOUN
faba-11	84	15	daily	daily	ADV
faba-11	84	16	or	or	CCONJ
faba-11	84	17	weekly	weekly	ADJ
faba-11	84	18	return	return	NOUN
faba-11	84	19	of	of	ADP
faba-11	84	20	stocks	stock	NOUN
faba-11	84	21	with	with	ADP
faba-11	84	22	low	low	ADJ
faba-11	84	23	volume	volume	NOUN
faba-11	84	24	.	.	PUNCT
faba-11	85	1	there	there	PRON
faba-11	85	2	is	be	VERB
faba-11	85	3	a	a	DET
faba-11	85	4	tendency	tendency	NOUN
faba-11	85	5	for	for	SCONJ
faba-11	85	6	high	high	ADJ
faba-11	85	7	volume	volume	NOUN
faba-11	85	8	stock	stock	NOUN
faba-11	85	9	to	to	PART
faba-11	85	10	respond	respond	VERB
faba-11	85	11	rapidly	rapidly	ADV
faba-11	85	12	and	and	CCONJ
faba-11	85	13	low	low	ADJ
faba-11	85	14	volume	volume	NOUN
faba-11	85	15	stock	stock	NOUN
faba-11	85	16	to	to	PART
faba-11	85	17	respond	respond	VERB
faba-11	85	18	slowly	slowly	ADV
faba-11	85	19	to	to	ADP
faba-11	85	20	new	new	ADJ
faba-11	85	21	market	market	NOUN
faba-11	85	22	information	information	NOUN
faba-11	85	23	.	.	PUNCT
faba-11	86	1	pisedtasalasai	pisedtasalasai	VERB
faba-11	86	2	and	and	CCONJ
faba-11	86	3	gunasekarage	gunasekarage	NOUN
faba-11	86	4	(	(	PUNCT
faba-11	86	5	2007	2007	NUM
faba-11	86	6	)	)	PUNCT
faba-11	86	7	examine	examine	VERB
faba-11	86	8	the	the	DET
faba-11	86	9	causal	causal	ADJ
faba-11	86	10	and	and	CCONJ
faba-11	86	11	dynamic	dynamic	ADJ
faba-11	86	12	relations	relation	NOUN
faba-11	86	13	among	among	ADP
faba-11	86	14	stock	stock	NOUN
faba-11	86	15	returns	return	NOUN
faba-11	86	16	,	,	PUNCT
faba-11	86	17	return	return	VERB
faba-11	86	18	volatility	volatility	NOUN
faba-11	86	19	and	and	CCONJ
faba-11	86	20	trading	trading	NOUN
faba-11	86	21	volume	volume	NOUN
faba-11	86	22	for	for	ADP
faba-11	86	23	five	five	NUM
faba-11	86	24	emerging	emerge	VERB
faba-11	86	25	markets	market	NOUN
faba-11	86	26	in	in	ADP
faba-11	86	27	the	the	DET
faba-11	86	28	region	region	NOUN
faba-11	86	29	,	,	PUNCT
faba-11	86	30	which	which	PRON
faba-11	86	31	are	be	AUX
faba-11	86	32	indonesia	indonesia	PROPN
faba-11	86	33	,	,	PUNCT
faba-11	86	34	malaysia	malaysia	PROPN
faba-11	86	35	,	,	PUNCT
faba-11	86	36	singapore	singapore	PROPN
faba-11	86	37	,	,	PUNCT
faba-11	86	38	thailand	thailand	PROPN
faba-11	86	39	and	and	CCONJ
faba-11	86	40	the	the	DET
faba-11	86	41	philippines	philippine	NOUN
faba-11	86	42	.	.	PUNCT
faba-11	87	1	they	they	PRON
faba-11	87	2	find	find	VERB
faba-11	87	3	strong	strong	ADJ
faba-11	87	4	evidence	evidence	NOUN
faba-11	87	5	of	of	ADP
faba-11	87	6	asymmetry	asymmetry	NOUN
faba-11	87	7	in	in	ADP
faba-11	87	8	the	the	DET
faba-11	87	9	relationship	relationship	NOUN
faba-11	87	10	between	between	ADP
faba-11	87	11	the	the	DET
faba-11	87	12	stock	stock	NOUN
faba-11	87	13	returns	return	NOUN
faba-11	87	14	and	and	CCONJ
faba-11	87	15	trading	trading	NOUN
faba-11	87	16	volume	volume	NOUN
faba-11	87	17	;	;	PUNCT
faba-11	87	18	whereby	whereby	SCONJ
faba-11	87	19	there	there	PRON
faba-11	87	20	is	be	VERB
faba-11	87	21	significant	significant	ADJ
faba-11	87	22	causality	causality	NOUN
faba-11	87	23	running	run	VERB
faba-11	87	24	from	from	ADP
faba-11	87	25	stock	stock	NOUN
faba-11	87	26	returns	return	NOUN
faba-11	87	27	to	to	ADP
faba-11	87	28	trading	trading	NOUN
faba-11	87	29	volume	volume	NOUN
faba-11	87	30	for	for	ADP
faba-11	87	31	indonesia	indonesia	PROPN
faba-11	87	32	,	,	PUNCT
faba-11	87	33	malaysia	malaysia	PROPN
faba-11	87	34	,	,	PUNCT
faba-11	87	35	singapore	singapore	PROPN
faba-11	87	36	and	and	CCONJ
faba-11	87	37	thailand	thailand	PROPN
faba-11	87	38	while	while	SCONJ
faba-11	87	39	significant	significant	ADJ
faba-11	87	40	causal	causal	ADJ
faba-11	87	41	effect	effect	NOUN
faba-11	87	42	from	from	ADP
faba-11	87	43	trading	trading	NOUN
faba-11	87	44	volume	volume	NOUN
faba-11	87	45	to	to	ADP
faba-11	87	46	stock	stock	NOUN
faba-11	87	47	returns	return	NOUN
faba-11	87	48	was	be	AUX
faba-11	87	49	detected	detect	VERB
faba-11	87	50	only	only	ADV
faba-11	87	51	for	for	ADP
faba-11	87	52	singapore	singapore	PROPN
faba-11	87	53	.	.	PUNCT
faba-11	88	1	in	in	ADP
faba-11	88	2	the	the	DET
faba-11	88	3	philippines	philippine	NOUN
faba-11	88	4	however	however	ADV
faba-11	88	5	,	,	PUNCT
faba-11	88	6	none	none	NOUN
faba-11	88	7	of	of	ADP
faba-11	88	8	such	such	ADJ
faba-11	88	9	causality	causality	NOUN
faba-11	88	10	exist	exist	VERB
faba-11	88	11	.	.	PUNCT
faba-11	89	1	however	however	ADV
faba-11	89	2	,	,	PUNCT
faba-11	89	3	there	there	PRON
faba-11	89	4	are	be	VERB
faba-11	89	5	researchers	researcher	NOUN
faba-11	89	6	who	who	PRON
faba-11	89	7	find	find	VERB
faba-11	89	8	bidirectional	bidirectional	ADJ
faba-11	89	9	relationship	relationship	NOUN
faba-11	89	10	between	between	ADP
faba-11	89	11	the	the	DET
faba-11	89	12	two	two	NUM
faba-11	89	13	variables	variable	NOUN
faba-11	89	14	.	.	PUNCT
faba-11	90	1	ratner	ratner	NOUN
faba-11	90	2	and	and	CCONJ
faba-11	90	3	leal	leal	PROPN
faba-11	90	4	(	(	PUNCT
faba-11	90	5	2001	2001	NUM
faba-11	90	6	)	)	PUNCT
faba-11	90	7	examine	examine	VERB
faba-11	90	8	the	the	DET
faba-11	90	9	latin	latin	ADJ
faba-11	90	10	american	american	ADJ
faba-11	90	11	and	and	CCONJ
faba-11	90	12	asian	asian	ADJ
faba-11	90	13	developing	develop	VERB
faba-11	90	14	financial	financial	ADJ
faba-11	90	15	markets	market	NOUN
faba-11	90	16	and	and	CCONJ
faba-11	90	17	find	find	VERB
faba-11	90	18	a	a	DET
faba-11	90	19	positive	positive	ADJ
faba-11	90	20	contemporaneous	contemporaneous	ADJ
faba-11	90	21	relation	relation	NOUN
faba-11	90	22	between	between	ADP
faba-11	90	23	return	return	NOUN
faba-11	90	24	and	and	CCONJ
faba-11	90	25	volume	volume	NOUN
faba-11	90	26	in	in	ADP
faba-11	90	27	these	these	DET
faba-11	90	28	countries	country	NOUN
faba-11	90	29	except	except	SCONJ
faba-11	90	30	india	india	PROPN
faba-11	90	31	.	.	PUNCT
faba-11	91	1	moosa	moosa	PROPN
faba-11	91	2	and	and	CCONJ
faba-11	91	3	al	al	PROPN
faba-11	91	4	-	-	PUNCT
faba-11	91	5	loughani	loughani	PROPN
faba-11	91	6	(	(	PUNCT
faba-11	91	7	1995	1995	NUM
faba-11	91	8	)	)	PUNCT
faba-11	91	9	studied	study	VERB
faba-11	91	10	four	four	NUM
faba-11	91	11	emerging	emerge	VERB
faba-11	91	12	asian	asian	ADJ
faba-11	91	13	stock	stock	NOUN
faba-11	91	14	markets	market	NOUN
faba-11	91	15	(	(	PUNCT
faba-11	91	16	malaysia	malaysia	PROPN
faba-11	91	17	,	,	PUNCT
faba-11	91	18	the	the	DET
faba-11	91	19	philippines	philippine	NOUN
faba-11	91	20	,	,	PUNCT
faba-11	91	21	singapore	singapore	PROPN
faba-11	91	22	,	,	PUNCT
faba-11	91	23	and	and	CCONJ
faba-11	91	24	thailand	thailand	PROPN
faba-11	91	25	)	)	PUNCT
faba-11	91	26	,	,	PUNCT
faba-11	91	27	they	they	PRON
faba-11	91	28	also	also	ADV
faba-11	91	29	find	find	VERB
faba-11	91	30	bi	bi	ADJ
faba-11	91	31	-	-	ADJ
faba-11	91	32	directional	directional	ADJ
faba-11	91	33	causality	causality	NOUN
faba-11	91	34	between	between	ADP
faba-11	91	35	volume	volume	NOUN
faba-11	91	36	and	and	CCONJ
faba-11	91	37	returns	return	NOUN
faba-11	91	38	.	.	PUNCT
faba-11	92	1	some	some	DET
faba-11	92	2	conclusions	conclusion	NOUN
faba-11	92	3	can	can	AUX
faba-11	92	4	be	be	AUX
faba-11	92	5	drawn	draw	VERB
faba-11	92	6	from	from	ADP
faba-11	92	7	the	the	DET
faba-11	92	8	literatures	literature	NOUN
faba-11	92	9	.	.	PUNCT
faba-11	93	1	firstly	firstly	ADV
faba-11	93	2	,	,	PUNCT
faba-11	93	3	these	these	DET
faba-11	93	4	past	past	NOUN
faba-11	93	5	studied	study	VERB
faba-11	93	6	have	have	AUX
faba-11	93	7	found	find	VERB
faba-11	93	8	some	some	DET
faba-11	93	9	relationship	relationship	NOUN
faba-11	93	10	between	between	ADP
faba-11	93	11	trading	trading	NOUN
faba-11	93	12	volume	volume	NOUN
faba-11	93	13	and	and	CCONJ
faba-11	93	14	stock	stock	NOUN
faba-11	93	15	price	price	NOUN
faba-11	93	16	changes	change	NOUN
faba-11	93	17	(	(	PUNCT
faba-11	93	18	returns	return	NOUN
faba-11	93	19	)	)	PUNCT
faba-11	93	20	,	,	PUNCT
faba-11	93	21	despite	despite	SCONJ
faba-11	93	22	bearing	bear	VERB
faba-11	93	23	different	different	ADJ
faba-11	93	24	magnitudes	magnitude	NOUN
faba-11	93	25	in	in	ADP
faba-11	93	26	various	various	ADJ
faba-11	93	27	markets	market	NOUN
faba-11	93	28	.	.	PUNCT
faba-11	94	1	nevertheless	nevertheless	ADV
faba-11	94	2	,	,	PUNCT
faba-11	94	3	most	most	ADJ
faba-11	94	4	studies	study	NOUN
faba-11	94	5	lend	lend	VERB
faba-11	94	6	support	support	NOUN
faba-11	94	7	that	that	SCONJ
faba-11	94	8	price	price	NOUN
faba-11	94	9	changes	change	NOUN
faba-11	94	10	(	(	PUNCT
faba-11	94	11	return	return	NOUN
faba-11	94	12	)	)	PUNCT
faba-11	94	13	may	may	AUX
faba-11	94	14	have	have	VERB
faba-11	94	15	positive	positive	ADJ
faba-11	94	16	contemporaneous	contemporaneous	ADJ
faba-11	94	17	relationship	relationship	NOUN
faba-11	94	18	with	with	ADP
faba-11	94	19	trading	trading	NOUN
faba-11	94	20	volume	volume	NOUN
faba-11	94	21	.	.	PUNCT
faba-11	95	1	secondly	secondly	ADV
faba-11	95	2	,	,	PUNCT
faba-11	95	3	the	the	DET
faba-11	95	4	studies	study	NOUN
faba-11	95	5	that	that	PRON
faba-11	95	6	look	look	VERB
faba-11	95	7	on	on	ADP
faba-11	95	8	the	the	DET
faba-11	95	9	causality	causality	NOUN
faba-11	95	10	relationship	relationship	NOUN
faba-11	95	11	aspect	aspect	NOUN
faba-11	95	12	may	may	AUX
faba-11	95	13	have	have	VERB
faba-11	95	14	inconclusive	inconclusive	ADJ
faba-11	95	15	evidence	evidence	NOUN
faba-11	95	16	.	.	PUNCT
faba-11	96	1	while	while	SCONJ
faba-11	96	2	the	the	DET
faba-11	96	3	studies	study	NOUN
faba-11	96	4	have	have	AUX
faba-11	96	5	found	find	VERB
faba-11	96	6	causality	causality	NOUN
faba-11	96	7	running	run	VERB
faba-11	96	8	between	between	ADP
faba-11	96	9	trading	trading	NOUN
faba-11	96	10	volume	volume	NOUN
faba-11	96	11	and	and	CCONJ
faba-11	96	12	stock	stock	NOUN
faba-11	96	13	returns	return	NOUN
faba-11	96	14	,	,	PUNCT
faba-11	96	15	the	the	DET
faba-11	96	16	direction	direction	NOUN
faba-11	96	17	can	can	AUX
faba-11	96	18	be	be	AUX
faba-11	96	19	either	either	CCONJ
faba-11	96	20	unior	unior	ADJ
faba-11	96	21	bi	bi	ADJ
faba-11	96	22	-	-	ADJ
faba-11	96	23	directional	directional	ADJ
faba-11	96	24	.	.	PUNCT
faba-11	97	1	therefore	therefore	ADV
faba-11	97	2	,	,	PUNCT
faba-11	97	3	stock	stock	NOUN
faba-11	97	4	returns	return	NOUN
faba-11	97	5	may	may	AUX
faba-11	97	6	positively	positively	ADV
faba-11	97	7	cause	cause	VERB
faba-11	97	8	trading	trading	NOUN
faba-11	97	9	volume	volume	NOUN
faba-11	97	10	,	,	PUNCT
faba-11	97	11	but	but	CCONJ
faba-11	97	12	still	still	ADV
faba-11	97	13	,	,	PUNCT
faba-11	97	14	the	the	DET
faba-11	97	15	opposite	opposite	ADJ
faba-11	97	16	might	might	AUX
faba-11	97	17	not	not	PART
faba-11	97	18	necessarily	necessarily	ADV
faba-11	97	19	hold	hold	VERB
faba-11	97	20	true	true	ADJ
faba-11	97	21	.	.	PUNCT
faba-11	98	1	this	this	DET
faba-11	98	2	relation	relation	NOUN
faba-11	98	3	will	will	AUX
faba-11	98	4	obtain	obtain	VERB
faba-11	98	5	further	further	ADJ
faba-11	98	6	evidence	evidence	NOUN
faba-11	98	7	from	from	ADP
faba-11	98	8	this	this	DET
faba-11	98	9	study	study	NOUN
faba-11	98	10	.	.	PUNCT
faba-11	99	1	relationship	relationship	NOUN
faba-11	99	2	between	between	ADP
faba-11	99	3	trading	trading	NOUN
faba-11	99	4	volume	volume	NOUN
faba-11	99	5	and	and	CCONJ
faba-11	99	6	volatility	volatility	NOUN
faba-11	99	7	of	of	ADP
faba-11	99	8	stock	stock	NOUN
faba-11	99	9	returns	return	NOUN
faba-11	99	10	in	in	ADP
faba-11	99	11	a	a	DET
faba-11	99	12	dynamic	dynamic	ADJ
faba-11	99	13	content	content	NOUN
faba-11	99	14	,	,	PUNCT
faba-11	99	15	an	an	DET
faba-11	99	16	important	important	ADJ
faba-11	99	17	issue	issue	NOUN
faba-11	99	18	would	would	AUX
faba-11	99	19	be	be	AUX
faba-11	99	20	whether	whether	SCONJ
faba-11	99	21	information	information	NOUN
faba-11	99	22	about	about	ADP
faba-11	99	23	trading	trading	NOUN
faba-11	99	24	volume	volume	NOUN
faba-11	99	25	is	be	AUX
faba-11	99	26	useful	useful	ADJ
faba-11	99	27	in	in	ADP
faba-11	99	28	improving	improve	VERB
faba-11	99	29	forecasts	forecast	NOUN
faba-11	99	30	of	of	ADP
faba-11	99	31	price	price	NOUN
faba-11	99	32	changes	change	NOUN
faba-11	99	33	(	(	PUNCT
faba-11	99	34	returns	return	NOUN
faba-11	99	35	)	)	PUNCT
faba-11	99	36	and	and	CCONJ
faba-11	99	37	the	the	DET
faba-11	99	38	volatility	volatility	NOUN
faba-11	99	39	of	of	ADP
faba-11	99	40	the	the	DET
faba-11	99	41	return	return	NOUN
faba-11	99	42	.	.	PUNCT
faba-11	100	1	in	in	ADP
faba-11	100	2	terms	term	NOUN
faba-11	100	3	of	of	ADP
faba-11	100	4	the	the	DET
faba-11	100	5	causal	causal	NOUN
faba-11	100	6	relation	relation	NOUN
faba-11	100	7	between	between	ADP
faba-11	100	8	volume	volume	NOUN
faba-11	100	9	and	and	CCONJ
faba-11	100	10	volatility	volatility	NOUN
faba-11	100	11	,	,	PUNCT
faba-11	100	12	lee	lee	PROPN
faba-11	100	13	and	and	CCONJ
faba-11	100	14	rui	rui	PROPN
faba-11	100	15	(	(	PUNCT
faba-11	100	16	2002	2002	NUM
faba-11	100	17	)	)	PUNCT
faba-11	100	18	examine	examine	VERB
faba-11	100	19	the	the	DET
faba-11	100	20	two	two	NUM
faba-11	100	21	variables	variable	NOUN
faba-11	100	22	in	in	ADP
faba-11	100	23	and	and	CCONJ
faba-11	100	24	across	across	ADP
faba-11	100	25	three	three	NUM
faba-11	100	26	advanced	advanced	ADJ
faba-11	100	27	markets	market	NOUN
faba-11	100	28	(	(	PUNCT
faba-11	100	29	new	new	PROPN
faba-11	100	30	york	york	PROPN
faba-11	100	31	,	,	PUNCT
faba-11	100	32	london	london	PROPN
faba-11	100	33	and	and	CCONJ
faba-11	100	34	tokyo	tokyo	PROPN
faba-11	100	35	stock	stock	NOUN
faba-11	100	36	exchange	exchange	PROPN
faba-11	100	37	)	)	PUNCT
faba-11	100	38	.	.	PUNCT
faba-11	101	1	upon	upon	SCONJ
faba-11	101	2	employing	employ	VERB
faba-11	101	3	vector	vector	NOUN
faba-11	101	4	autoregressive	autoregressive	ADJ
faba-11	101	5	(	(	PUNCT
faba-11	101	6	var	var	NOUN
faba-11	101	7	)	)	PUNCT
faba-11	101	8	analysis	analysis	NOUN
faba-11	101	9	,	,	PUNCT
faba-11	101	10	they	they	PRON
faba-11	101	11	fail	fail	VERB
faba-11	101	12	to	to	PART
faba-11	101	13	prove	prove	VERB
faba-11	101	14	the	the	DET
faba-11	101	15	causal	causal	ADJ
faba-11	101	16	relationship	relationship	NOUN
faba-11	101	17	between	between	ADP
faba-11	101	18	volume	volume	NOUN
faba-11	101	19	and	and	CCONJ
faba-11	101	20	return	return	NOUN
faba-11	101	21	in	in	ADP
faba-11	101	22	the	the	DET
faba-11	101	23	same	same	ADJ
faba-11	101	24	market	market	NOUN
faba-11	101	25	.	.	PUNCT
faba-11	102	1	however	however	ADV
faba-11	102	2	,	,	PUNCT
faba-11	102	3	they	they	PRON
faba-11	102	4	find	find	VERB
faba-11	102	5	evidences	evidence	NOUN
faba-11	102	6	for	for	ADP
faba-11	102	7	inter	inter	ADJ
faba-11	102	8	-	-	ADJ
faba-11	102	9	related	relate	VERB
faba-11	102	10	positive	positive	ADJ
faba-11	102	11	feedback	feedback	NOUN
faba-11	102	12	between	between	ADP
faba-11	102	13	trading	trading	NOUN
faba-11	102	14	volume	volume	NOUN
faba-11	102	15	and	and	CCONJ
faba-11	102	16	stock	stock	NOUN
faba-11	102	17	return	return	NOUN
faba-11	102	18	among	among	ADP
faba-11	102	19	the	the	DET
faba-11	102	20	three	three	NUM
faba-11	102	21	markets	market	NOUN
faba-11	102	22	.	.	PUNCT
faba-11	103	1	their	their	PRON
faba-11	103	2	findings	finding	NOUN
faba-11	103	3	show	show	VERB
faba-11	103	4	causal	causal	ADJ
faba-11	103	5	relationship	relationship	NOUN
faba-11	103	6	running	run	VERB
faba-11	103	7	from	from	ADP
faba-11	103	8	the	the	DET
faba-11	103	9	new	new	PROPN
faba-11	103	10	york	york	PROPN
faba-11	103	11	market	market	NOUN
faba-11	103	12	variables	variable	NOUN
faba-11	103	13	(	(	PUNCT
faba-11	103	14	trading	trading	NOUN
faba-11	103	15	volume	volume	NOUN
faba-11	103	16	,	,	PUNCT
faba-11	103	17	stock	stock	NOUN
faba-11	103	18	return	return	NOUN
faba-11	103	19	and	and	CCONJ
faba-11	103	20	return	return	VERB
faba-11	103	21	volatility	volatility	NOUN
faba-11	103	22	)	)	PUNCT
faba-11	103	23	onto	onto	ADP
faba-11	103	24	london	london	PROPN
faba-11	103	25	and	and	CCONJ
faba-11	103	26	tokyo	tokyo	PROPN
faba-11	103	27	markets	market	NOUN
faba-11	103	28	variables	variable	NOUN
faba-11	103	29	.	.	PUNCT
faba-11	104	1	these	these	DET
faba-11	104	2	findings	finding	NOUN
faba-11	104	3	lend	lend	VERB
faba-11	104	4	support	support	NOUN
faba-11	104	5	for	for	ADP
faba-11	104	6	spillover	spillover	ADJ
faba-11	104	7	effect	effect	NOUN
faba-11	104	8	where	where	SCONJ
faba-11	104	9	information	information	NOUN
faba-11	104	10	from	from	ADP
faba-11	104	11	one	one	NUM
faba-11	104	12	market	market	NOUN
faba-11	104	13	is	be	AUX
faba-11	104	14	transmitted	transmit	VERB
faba-11	104	15	to	to	ADP
faba-11	104	16	another	another	PRON
faba-11	104	17	,	,	PUNCT
faba-11	104	18	thereby	thereby	ADV
faba-11	104	19	affecting	affect	VERB
faba-11	104	20	its	its	PRON
faba-11	104	21	returns	return	NOUN
faba-11	104	22	and	and	CCONJ
faba-11	104	23	volatility	volatility	NOUN
faba-11	104	24	.	.	PUNCT
faba-11	105	1	pisedtasalasai	pisedtasalasai	VERB
faba-11	105	2	and	and	CCONJ
faba-11	105	3	gunasekarage	gunasekarage	NOUN
faba-11	105	4	(	(	PUNCT
faba-11	105	5	2007	2007	NUM
faba-11	105	6	)	)	PUNCT
faba-11	105	7	examine	examine	VERB
faba-11	105	8	relations	relation	NOUN
faba-11	105	9	among	among	ADP
faba-11	105	10	stock	stock	NOUN
faba-11	105	11	returns	return	NOUN
faba-11	105	12	,	,	PUNCT
faba-11	105	13	return	return	VERB
faba-11	105	14	volatility	volatility	NOUN
faba-11	105	15	and	and	CCONJ
faba-11	105	16	trading	trading	NOUN
faba-11	105	17	volume	volume	NOUN
faba-11	105	18	for	for	ADP
faba-11	105	19	five	five	NUM
faba-11	105	20	emerging	emerge	VERB
faba-11	105	21	markets	market	NOUN
faba-11	105	22	in	in	ADP
faba-11	105	23	southeast	southeast	PROPN
faba-11	105	24	asia	asia	PROPN
faba-11	105	25	.	.	PUNCT
faba-11	106	1	the	the	DET
faba-11	106	2	garch	garch	NOUN
faba-11	106	3	test	test	NOUN
faba-11	106	4	yield	yield	VERB
faba-11	106	5	evidence	evidence	NOUN
faba-11	106	6	that	that	SCONJ
faba-11	106	7	the	the	DET
faba-11	106	8	trading	trading	NOUN
faba-11	106	9	volume	volume	NOUN
faba-11	106	10	of	of	ADP
faba-11	106	11	some	some	DET
faba-11	106	12	markets	market	NOUN
faba-11	106	13	seems	seem	VERB
faba-11	106	14	to	to	PART
faba-11	106	15	contain	contain	VERB
faba-11	106	16	information	information	NOUN
faba-11	106	17	that	that	PRON
faba-11	106	18	is	be	AUX
faba-11	106	19	useful	useful	ADJ
faba-11	106	20	in	in	ADP
faba-11	106	21	predicting	predict	VERB
faba-11	106	22	future	future	ADJ
faba-11	106	23	dynamics	dynamic	NOUN
faba-11	106	24	of	of	ADP
faba-11	106	25	return	return	NOUN
faba-11	106	26	volatility	volatility	NOUN
faba-11	106	27	.	.	PUNCT
faba-11	107	1	similarly	similarly	ADV
faba-11	107	2	,	,	PUNCT
faba-11	107	3	in	in	ADP
faba-11	107	4	kuala	kuala	PROPN
faba-11	107	5	lumpur	lumpur	PROPN
faba-11	107	6	stock	stock	PROPN
faba-11	107	7	exchange	exchange	PROPN
faba-11	107	8	(	(	PUNCT
faba-11	107	9	klse	klse	PROPN
faba-11	107	10	)	)	PUNCT
faba-11	107	11	,	,	PUNCT
faba-11	107	12	ahmed	ahmed	PROPN
faba-11	107	13	,	,	PUNCT
faba-11	107	14	hassan	hassan	PROPN
faba-11	107	15	and	and	CCONJ
faba-11	107	16	nasir	nasir	PROPN
faba-11	107	17	(	(	PUNCT
faba-11	107	18	2005	2005	NUM
faba-11	107	19	)	)	PUNCT
faba-11	107	20	have	have	AUX
faba-11	107	21	concluded	conclude	VERB
faba-11	107	22	that	that	SCONJ
faba-11	107	23	current	current	ADJ
faba-11	107	24	volatility	volatility	NOUN
faba-11	107	25	can	can	AUX
faba-11	107	26	be	be	AUX
faba-11	107	27	explained	explain	VERB
faba-11	107	28	by	by	ADP
faba-11	107	29	past	past	ADJ
faba-11	107	30	volatility	volatility	NOUN
faba-11	107	31	that	that	PRON
faba-11	107	32	tends	tend	VERB
faba-11	107	33	to	to	PART
faba-11	107	34	persist	persist	VERB
faba-11	107	35	over	over	ADP
faba-11	107	36	time	time	NOUN
faba-11	107	37	.	.	PUNCT
faba-11	108	1	these	these	DET
faba-11	108	2	findings	finding	NOUN
faba-11	108	3	are	be	AUX
faba-11	108	4	also	also	ADV
faba-11	108	5	consistent	consistent	ADJ
faba-11	108	6	with	with	ADP
faba-11	108	7	those	those	PRON
faba-11	108	8	of	of	ADP
faba-11	108	9	najand	najand	NOUN
faba-11	108	10	and	and	CCONJ
faba-11	108	11	yung	yung	PROPN
faba-11	108	12	(	(	PUNCT
faba-11	108	13	1991	1991	NUM
faba-11	108	14	)	)	PUNCT
faba-11	108	15	,	,	PUNCT
faba-11	108	16	foster	foster	ADJ
faba-11	108	17	(	(	PUNCT
faba-11	108	18	1995	1995	NUM
faba-11	108	19	)	)	PUNCT
faba-11	108	20	and	and	CCONJ
faba-11	108	21	huang	huang	PROPN
faba-11	108	22	and	and	CCONJ
faba-11	108	23	yang	yang	PROPN
faba-11	108	24	(	(	PUNCT
faba-11	108	25	2001	2001	NUM
faba-11	108	26	)	)	PUNCT
faba-11	108	27	but	but	CCONJ
faba-11	108	28	in	in	ADP
faba-11	108	29	contrary	contrary	ADJ
faba-11	108	30	to	to	ADP
faba-11	108	31	the	the	DET
faba-11	108	32	earlier	early	ADJ
faba-11	108	33	findings	finding	NOUN
faba-11	108	34	by	by	ADP
faba-11	108	35	lamoureux	lamoureux	NOUN
faba-11	108	36	and	and	CCONJ
faba-11	108	37	lastrapes	lastrape	NOUN
faba-11	108	38	(	(	PUNCT
faba-11	108	39	1990	1990	NUM
faba-11	108	40	)	)	PUNCT
faba-11	108	41	in	in	ADP
faba-11	108	42	the	the	DET
faba-11	108	43	developed	develop	VERB
faba-11	108	44	markets	market	NOUN
faba-11	108	45	.	.	PUNCT
faba-11	109	1	subsequently	subsequently	ADV
faba-11	109	2	,	,	PUNCT
faba-11	109	3	using	use	VERB
faba-11	109	4	data	datum	NOUN
faba-11	109	5	from	from	ADP
faba-11	109	6	the	the	DET
faba-11	109	7	same	same	ADJ
faba-11	109	8	market	market	NOUN
faba-11	109	9	(	(	PUNCT
faba-11	109	10	klse	klse	PROPN
faba-11	109	11	)	)	PUNCT
faba-11	109	12	,	,	PUNCT
faba-11	109	13	tan	tan	PROPN
faba-11	109	14	and	and	CCONJ
faba-11	109	15	tay	tay	PROPN
faba-11	109	16	(	(	PUNCT
faba-11	109	17	2011	2011	NUM
faba-11	109	18	)	)	PUNCT
faba-11	109	19	employ	employ	NOUN
faba-11	109	20	garch	garch	NOUN
faba-11	109	21	model	model	NOUN
faba-11	109	22	to	to	PART
faba-11	109	23	test	test	VERB
faba-11	109	24	for	for	ADP
faba-11	109	25	contemporaneous	contemporaneous	ADJ
faba-11	109	26	correlation	correlation	NOUN
faba-11	109	27	between	between	ADP
faba-11	109	28	trading	trading	NOUN
faba-11	109	29	volumes	volume	NOUN
faba-11	109	30	and	and	CCONJ
faba-11	109	31	return	return	VERB
faba-11	109	32	volatility	volatility	NOUN
faba-11	109	33	of	of	ADP
faba-11	109	34	the	the	DET
faba-11	109	35	klci	klci	NOUN
faba-11	109	36	index	index	PROPN
faba-11	109	37	.	.	PUNCT
faba-11	110	1	however	however	ADV
faba-11	110	2	,	,	PUNCT
faba-11	110	3	they	they	PRON
faba-11	110	4	find	find	VERB
faba-11	110	5	that	that	SCONJ
faba-11	110	6	including	include	VERB
faba-11	110	7	trading	trading	NOUN
faba-11	110	8	volume	volume	NOUN
faba-11	110	9	in	in	ADP
faba-11	110	10	the	the	DET
faba-11	110	11	conditional	conditional	ADJ
faba-11	110	12	variance	variance	NOUN
faba-11	110	13	(	(	PUNCT
faba-11	110	14	return	return	NOUN
faba-11	110	15	volatility	volatility	NOUN
faba-11	110	16	)	)	PUNCT
faba-11	110	17	equation	equation	NOUN
faba-11	110	18	leads	lead	VERB
faba-11	110	19	to	to	ADP
faba-11	110	20	a	a	DET
faba-11	110	21	reduction	reduction	NOUN
faba-11	110	22	of	of	ADP
faba-11	110	23	volatility	volatility	NOUN
faba-11	110	24	persistence	persistence	NOUN
faba-11	110	25	,	,	PUNCT
faba-11	110	26	which	which	PRON
faba-11	110	27	is	be	AUX
faba-11	110	28	inconsistent	inconsistent	ADJ
faba-11	110	29	with	with	ADP
faba-11	110	30	ahmed	ahmed	PROPN
faba-11	110	31	et	et	PROPN
faba-11	110	32	al	al	PROPN
faba-11	110	33	.	.	PROPN
faba-11	111	1	(	(	PUNCT
faba-11	111	2	2005	2005	NUM
faba-11	111	3	)	)	PUNCT
faba-11	111	4	.	.	PUNCT
faba-11	112	1	in	in	ADP
faba-11	112	2	the	the	DET
faba-11	112	3	european	european	ADJ
faba-11	112	4	market	market	NOUN
faba-11	112	5	,	,	PUNCT
faba-11	112	6	naka	naka	NOUN
faba-11	112	7	and	and	CCONJ
faba-11	112	8	oral	oral	ADJ
faba-11	112	9	(	(	PUNCT
faba-11	112	10	2013	2013	NUM
faba-11	112	11	)	)	PUNCT
faba-11	112	12	examines	examine	VERB
faba-11	112	13	volatility	volatility	NOUN
faba-11	112	14	of	of	ADP
faba-11	112	15	stock	stock	NOUN
faba-11	112	16	returns	return	NOUN
faba-11	112	17	and	and	CCONJ
faba-11	112	18	trading	trading	NOUN
faba-11	112	19	volume	volume	NOUN
faba-11	112	20	by	by	ADP
faba-11	112	21	m.r	m.r	PROPN
faba-11	112	22	.	.	PROPN
faba-11	112	23	miseman	miseman	PROPN
faba-11	112	24	et	et	PROPN
faba-11	112	25	al	al	PROPN
faba-11	112	26	.	.	PUNCT
faba-11	112	27	/	/	SYM
faba-11	112	28	finance	finance	NOUN
faba-11	112	29	,	,	PUNCT
faba-11	112	30	accounting	accounting	NOUN
faba-11	112	31	and	and	CCONJ
faba-11	112	32	business	business	NOUN
faba-11	112	33	analisys	analisys	NOUN
faba-11	112	34	5	5	NUM
faba-11	112	35	employing	employ	VERB
faba-11	112	36	garch	garch	NOUN
faba-11	112	37	and	and	CCONJ
faba-11	112	38	tgarch	tgarch	NOUN
faba-11	112	39	models	model	NOUN
faba-11	112	40	in	in	ADP
faba-11	112	41	istanbul	istanbul	PROPN
faba-11	112	42	stock	stock	PROPN
faba-11	112	43	exchange	exchange	PROPN
faba-11	112	44	national-100	national-100	PROPN
faba-11	112	45	index	index	PROPN
faba-11	112	46	.	.	PUNCT
faba-11	113	1	the	the	DET
faba-11	113	2	results	result	NOUN
faba-11	113	3	suggest	suggest	VERB
faba-11	113	4	that	that	SCONJ
faba-11	113	5	stable	stable	ADJ
faba-11	113	6	distributions	distribution	NOUN
faba-11	113	7	clearly	clearly	ADV
faba-11	113	8	outperform	outperform	VERB
faba-11	113	9	the	the	DET
faba-11	113	10	gaussian	gaussian	ADJ
faba-11	113	11	case	case	NOUN
faba-11	113	12	.	.	PUNCT
faba-11	114	1	the	the	DET
faba-11	114	2	results	result	NOUN
faba-11	114	3	also	also	ADV
faba-11	114	4	indicate	indicate	VERB
faba-11	114	5	that	that	SCONJ
faba-11	114	6	the	the	DET
faba-11	114	7	trading	trading	NOUN
faba-11	114	8	volume	volume	NOUN
faba-11	114	9	significantly	significantly	ADV
faba-11	114	10	contributes	contribute	VERB
faba-11	114	11	to	to	ADP
faba-11	114	12	the	the	DET
faba-11	114	13	volatility	volatility	NOUN
faba-11	114	14	,	,	PUNCT
faba-11	114	15	and	and	CCONJ
faba-11	114	16	indicate	indicate	VERB
faba-11	114	17	the	the	DET
faba-11	114	18	strong	strong	ADJ
faba-11	114	19	leverage	leverage	NOUN
faba-11	114	20	effects	effect	NOUN
faba-11	114	21	on	on	ADP
faba-11	114	22	volatility	volatility	NOUN
faba-11	114	23	in	in	ADP
faba-11	114	24	the	the	DET
faba-11	114	25	market	market	NOUN
faba-11	114	26	.	.	PUNCT
faba-11	115	1	again	again	ADV
faba-11	115	2	,	,	PUNCT
faba-11	115	3	this	this	PRON
faba-11	115	4	is	be	AUX
faba-11	115	5	also	also	ADV
faba-11	115	6	consistent	consistent	ADJ
faba-11	115	7	with	with	ADP
faba-11	115	8	the	the	DET
faba-11	115	9	results	result	NOUN
faba-11	115	10	found	find	VERB
faba-11	115	11	by	by	ADP
faba-11	115	12	other	other	ADJ
faba-11	115	13	researchers	researcher	NOUN
faba-11	115	14	in	in	ADP
faba-11	115	15	other	other	ADJ
faba-11	115	16	emerging	emerge	VERB
faba-11	115	17	markets	market	NOUN
faba-11	115	18	.	.	PUNCT
faba-11	116	1	it	it	PRON
faba-11	116	2	is	be	AUX
faba-11	116	3	quite	quite	ADV
faba-11	116	4	clear	clear	ADJ
faba-11	116	5	that	that	SCONJ
faba-11	116	6	studies	study	NOUN
faba-11	116	7	have	have	AUX
faba-11	116	8	shown	show	VERB
faba-11	116	9	that	that	SCONJ
faba-11	116	10	the	the	DET
faba-11	116	11	relationship	relationship	NOUN
faba-11	116	12	between	between	ADP
faba-11	116	13	trading	trading	NOUN
faba-11	116	14	volume	volume	NOUN
faba-11	116	15	and	and	CCONJ
faba-11	116	16	volatility	volatility	NOUN
faba-11	116	17	will	will	AUX
faba-11	116	18	most	most	ADV
faba-11	116	19	probably	probably	ADV
faba-11	116	20	be	be	AUX
faba-11	116	21	a	a	DET
faba-11	116	22	positive	positive	ADJ
faba-11	116	23	one	one	NOUN
faba-11	116	24	.	.	PUNCT
faba-11	117	1	this	this	DET
faba-11	117	2	finding	finding	NOUN
faba-11	117	3	is	be	AUX
faba-11	117	4	quite	quite	ADV
faba-11	117	5	consistently	consistently	ADV
faba-11	117	6	obtained	obtain	VERB
faba-11	117	7	from	from	ADP
faba-11	117	8	many	many	ADJ
faba-11	117	9	emerging	emerge	VERB
faba-11	117	10	and	and	CCONJ
faba-11	117	11	developed	developed	ADJ
faba-11	117	12	markets	market	NOUN
faba-11	117	13	.	.	PUNCT
faba-11	118	1	it	it	PRON
faba-11	118	2	is	be	AUX
faba-11	118	3	also	also	ADV
faba-11	118	4	possible	possible	ADJ
faba-11	118	5	to	to	PART
faba-11	118	6	obtain	obtain	VERB
faba-11	118	7	bidirectional	bidirectional	ADJ
faba-11	118	8	causality	causality	NOUN
faba-11	118	9	relationship	relationship	NOUN
faba-11	118	10	from	from	ADP
faba-11	118	11	the	the	DET
faba-11	118	12	two	two	NUM
faba-11	118	13	variables	variable	NOUN
faba-11	118	14	,	,	PUNCT
faba-11	118	15	even	even	ADV
faba-11	118	16	though	though	SCONJ
faba-11	118	17	it	it	PRON
faba-11	118	18	is	be	AUX
faba-11	118	19	not	not	PART
faba-11	118	20	the	the	DET
faba-11	118	21	motive	motive	NOUN
faba-11	118	22	of	of	ADP
faba-11	118	23	the	the	DET
faba-11	118	24	study	study	NOUN
faba-11	118	25	.	.	PUNCT
faba-11	119	1	nevertheless	nevertheless	ADV
faba-11	119	2	,	,	PUNCT
faba-11	119	3	one	one	PRON
faba-11	119	4	may	may	AUX
faba-11	119	5	conjecture	conjecture	VERB
faba-11	119	6	that	that	SCONJ
faba-11	119	7	the	the	DET
faba-11	119	8	same	same	ADJ
faba-11	119	9	findings	finding	NOUN
faba-11	119	10	may	may	AUX
faba-11	119	11	hold	hold	VERB
faba-11	119	12	in	in	ADP
faba-11	119	13	the	the	DET
faba-11	119	14	southeast	southeast	ADJ
faba-11	119	15	asian	asian	ADJ
faba-11	119	16	equity	equity	NOUN
faba-11	119	17	markets	market	NOUN
faba-11	119	18	;	;	PUNCT
faba-11	119	19	hence	hence	ADV
faba-11	119	20	,	,	PUNCT
faba-11	119	21	the	the	DET
faba-11	119	22	fourth	fourth	ADJ
faba-11	119	23	hypothesis	hypothesis	NOUN
faba-11	119	24	is	be	AUX
faba-11	119	25	developed	develop	VERB
faba-11	119	26	based	base	VERB
faba-11	119	27	on	on	ADP
faba-11	119	28	this	this	DET
faba-11	119	29	notion	notion	NOUN
faba-11	119	30	.	.	PUNCT
faba-11	120	1	review	review	NOUN
faba-11	120	2	on	on	ADP
faba-11	120	3	cross	cross	NOUN
faba-11	120	4	-	-	NOUN
faba-11	120	5	country	country	ADJ
faba-11	120	6	,	,	PUNCT
faba-11	120	7	inter	inter	ADJ
faba-11	120	8	-	-	ADJ
faba-11	120	9	variable	variable	ADJ
faba-11	120	10	spillover	spillover	VERB
faba-11	120	11	effects	effect	NOUN
faba-11	120	12	from	from	ADP
faba-11	120	13	the	the	DET
faba-11	120	14	view	view	NOUN
faba-11	120	15	of	of	ADP
faba-11	120	16	international	international	ADJ
faba-11	120	17	capital	capital	NOUN
faba-11	120	18	asset	asset	NOUN
faba-11	120	19	pricing	pricing	NOUN
faba-11	120	20	model	model	NOUN
faba-11	120	21	,	,	PUNCT
faba-11	120	22	the	the	DET
faba-11	120	23	findings	finding	NOUN
faba-11	120	24	that	that	PRON
faba-11	120	25	stock	stock	NOUN
faba-11	120	26	returns	return	NOUN
faba-11	120	27	in	in	ADP
faba-11	120	28	different	different	ADJ
faba-11	120	29	countries	country	NOUN
faba-11	120	30	are	be	AUX
faba-11	120	31	correlated	correlate	VERB
faba-11	120	32	to	to	ADP
faba-11	120	33	different	different	ADJ
faba-11	120	34	degree	degree	NOUN
faba-11	120	35	is	be	AUX
faba-11	120	36	not	not	PART
faba-11	120	37	a	a	DET
faba-11	120	38	new	new	ADJ
faba-11	120	39	phenomenon	phenomenon	NOUN
faba-11	120	40	.	.	PUNCT
faba-11	121	1	in	in	ADP
faba-11	121	2	an	an	DET
faba-11	121	3	attempt	attempt	NOUN
faba-11	121	4	to	to	PART
faba-11	121	5	explain	explain	VERB
faba-11	121	6	why	why	SCONJ
faba-11	121	7	,	,	PUNCT
faba-11	121	8	king	king	NOUN
faba-11	121	9	and	and	CCONJ
faba-11	121	10	wadhani	wadhani	NOUN
faba-11	121	11	(	(	PUNCT
faba-11	121	12	1990	1990	NUM
faba-11	121	13	)	)	PUNCT
faba-11	121	14	proposed	propose	VERB
faba-11	121	15	a	a	DET
faba-11	121	16	“	"	PUNCT
faba-11	121	17	contagion	contagion	NOUN
faba-11	121	18	theory	theory	NOUN
faba-11	121	19	”	"	PUNCT
faba-11	121	20	,	,	PUNCT
faba-11	121	21	where	where	SCONJ
faba-11	121	22	they	they	PRON
faba-11	121	23	proposed	propose	VERB
faba-11	121	24	that	that	SCONJ
faba-11	121	25	a	a	DET
faba-11	121	26	“	"	PUNCT
faba-11	121	27	mistake	mistake	NOUN
faba-11	121	28	’	'	PUNCT
faba-11	121	29	in	in	ADP
faba-11	121	30	one	one	NUM
faba-11	121	31	market	market	NOUN
faba-11	121	32	is	be	AUX
faba-11	121	33	transmitted	transmit	VERB
faba-11	121	34	to	to	ADP
faba-11	121	35	another	another	PRON
faba-11	121	36	.	.	PUNCT
faba-11	122	1	traders	trader	NOUN
faba-11	122	2	in	in	ADP
faba-11	122	3	one	one	NUM
faba-11	122	4	market	market	NOUN
faba-11	122	5	draw	draw	VERB
faba-11	122	6	inferences	inference	NOUN
faba-11	122	7	about	about	ADP
faba-11	122	8	shocks	shock	NOUN
faba-11	122	9	to	to	ADP
faba-11	122	10	their	their	PRON
faba-11	122	11	local	local	ADJ
faba-11	122	12	stock	stock	NOUN
faba-11	122	13	price	price	NOUN
faba-11	122	14	fundamentals	fundamental	NOUN
faba-11	122	15	by	by	ADP
faba-11	122	16	observing	observe	VERB
faba-11	122	17	price	price	NOUN
faba-11	122	18	movements	movement	NOUN
faba-11	122	19	in	in	ADP
faba-11	122	20	other	other	ADJ
faba-11	122	21	markets	market	NOUN
faba-11	122	22	.	.	PUNCT
faba-11	123	1	the	the	DET
faba-11	123	2	study	study	NOUN
faba-11	123	3	on	on	ADP
faba-11	123	4	inter	inter	ADJ
faba-11	123	5	-	-	ADJ
faba-11	123	6	market	market	ADJ
faba-11	123	7	relationship	relationship	NOUN
faba-11	123	8	is	be	AUX
faba-11	123	9	valuable	valuable	ADJ
faba-11	123	10	to	to	ADP
faba-11	123	11	the	the	DET
faba-11	123	12	literature	literature	NOUN
faba-11	123	13	especially	especially	ADV
faba-11	123	14	in	in	ADP
faba-11	123	15	today	today	NOUN
faba-11	123	16	’s	’s	PART
faba-11	123	17	environment	environment	NOUN
faba-11	123	18	where	where	SCONJ
faba-11	123	19	information	information	NOUN
faba-11	123	20	is	be	AUX
faba-11	123	21	widely	widely	ADV
faba-11	123	22	accessible	accessible	ADJ
faba-11	123	23	and	and	CCONJ
faba-11	123	24	national	national	ADJ
faba-11	123	25	markets	market	NOUN
faba-11	123	26	are	be	AUX
faba-11	123	27	becoming	become	VERB
faba-11	123	28	increasingly	increasingly	ADV
faba-11	123	29	competitive	competitive	ADJ
faba-11	123	30	.	.	PUNCT
faba-11	124	1	according	accord	VERB
faba-11	124	2	to	to	ADP
faba-11	124	3	lee	lee	PROPN
faba-11	124	4	and	and	CCONJ
faba-11	124	5	rui	rui	PROPN
faba-11	124	6	(	(	PUNCT
faba-11	124	7	2012	2012	NUM
faba-11	124	8	)	)	PUNCT
faba-11	124	9	,	,	PUNCT
faba-11	124	10	there	there	PRON
faba-11	124	11	is	be	VERB
faba-11	124	12	some	some	DET
faba-11	124	13	overlapping	overlap	VERB
faba-11	124	14	trading	trading	NOUN
faba-11	124	15	period	period	NOUN
faba-11	124	16	and	and	CCONJ
faba-11	124	17	multiple	multiple	ADJ
faba-11	124	18	listings	listing	NOUN
faba-11	124	19	of	of	ADP
faba-11	124	20	the	the	DET
faba-11	124	21	same	same	ADJ
faba-11	124	22	securities	security	NOUN
faba-11	124	23	across	across	ADP
faba-11	124	24	different	different	ADJ
faba-11	124	25	markets	market	NOUN
faba-11	124	26	.	.	PUNCT
faba-11	125	1	moreover	moreover	ADV
faba-11	125	2	,	,	PUNCT
faba-11	125	3	many	many	ADJ
faba-11	125	4	of	of	ADP
faba-11	125	5	the	the	DET
faba-11	125	6	markets	market	NOUN
faba-11	125	7	within	within	ADP
faba-11	125	8	the	the	DET
faba-11	125	9	same	same	ADJ
faba-11	125	10	region	region	NOUN
faba-11	125	11	often	often	ADV
faba-11	125	12	carry	carry	VERB
faba-11	125	13	the	the	DET
faba-11	125	14	same	same	ADJ
faba-11	125	15	characteristics	characteristic	NOUN
faba-11	125	16	such	such	ADJ
faba-11	125	17	as	as	ADP
faba-11	125	18	level	level	NOUN
faba-11	125	19	of	of	ADP
faba-11	125	20	economic	economic	ADJ
faba-11	125	21	development	development	NOUN
faba-11	125	22	,	,	PUNCT
faba-11	125	23	socio	socio	NOUN
faba-11	125	24	-	-	PUNCT
faba-11	125	25	economic	economic	ADJ
faba-11	125	26	advancement	advancement	NOUN
faba-11	125	27	and	and	CCONJ
faba-11	125	28	time	time	NOUN
faba-11	125	29	zone	zone	NOUN
faba-11	125	30	.	.	PUNCT
faba-11	126	1	therefore	therefore	ADV
faba-11	126	2	,	,	PUNCT
faba-11	126	3	studying	study	VERB
faba-11	126	4	international	international	ADJ
faba-11	126	5	markets	market	NOUN
faba-11	126	6	interrelationship	interrelationship	NOUN
faba-11	126	7	may	may	AUX
faba-11	126	8	allow	allow	VERB
faba-11	126	9	researchers	researcher	NOUN
faba-11	126	10	to	to	PART
faba-11	126	11	learn	learn	VERB
faba-11	126	12	more	more	ADJ
faba-11	126	13	from	from	ADP
faba-11	126	14	the	the	DET
faba-11	126	15	continuous	continuous	ADJ
faba-11	126	16	trading	trading	NOUN
faba-11	126	17	and	and	CCONJ
faba-11	126	18	uninterrupted	uninterrupted	ADJ
faba-11	126	19	transmission	transmission	NOUN
faba-11	126	20	of	of	ADP
faba-11	126	21	information	information	NOUN
faba-11	126	22	,	,	PUNCT
faba-11	126	23	particularly	particularly	ADV
faba-11	126	24	in	in	ADP
faba-11	126	25	their	their	PRON
faba-11	126	26	effect	effect	NOUN
faba-11	126	27	towards	towards	ADP
faba-11	126	28	volume	volume	NOUN
faba-11	126	29	,	,	PUNCT
faba-11	126	30	stock	stock	NOUN
faba-11	126	31	prices	price	NOUN
faba-11	126	32	and	and	CCONJ
faba-11	126	33	return	return	VERB
faba-11	126	34	volatility	volatility	NOUN
faba-11	126	35	.	.	PUNCT
faba-11	127	1	in	in	ADP
faba-11	127	2	this	this	DET
faba-11	127	3	sense	sense	NOUN
faba-11	127	4	,	,	PUNCT
faba-11	127	5	some	some	DET
faba-11	127	6	studies	study	NOUN
faba-11	127	7	on	on	ADP
faba-11	127	8	national	national	ADJ
faba-11	127	9	equity	equity	NOUN
faba-11	127	10	markets	market	NOUN
faba-11	127	11	have	have	AUX
faba-11	127	12	focused	focus	VERB
faba-11	127	13	on	on	ADP
faba-11	127	14	the	the	DET
faba-11	127	15	correlation	correlation	NOUN
faba-11	127	16	of	of	ADP
faba-11	127	17	return	return	NOUN
faba-11	127	18	between	between	ADP
faba-11	127	19	different	different	ADJ
faba-11	127	20	markets	market	NOUN
faba-11	127	21	.	.	PUNCT
faba-11	128	1	one	one	NUM
faba-11	128	2	of	of	ADP
faba-11	128	3	the	the	DET
faba-11	128	4	earliest	early	ADJ
faba-11	128	5	studies	study	NOUN
faba-11	128	6	,	,	PUNCT
faba-11	128	7	agmon	agmon	PROPN
faba-11	128	8	(	(	PUNCT
faba-11	128	9	1972	1972	NUM
faba-11	128	10	,	,	PUNCT
faba-11	128	11	1974	1974	NUM
faba-11	128	12	)	)	PUNCT
faba-11	128	13	finds	find	VERB
faba-11	128	14	that	that	SCONJ
faba-11	128	15	these	these	DET
faba-11	128	16	return	return	NOUN
faba-11	128	17	correlations	correlation	NOUN
faba-11	128	18	are	be	AUX
faba-11	128	19	insignificant	insignificant	ADJ
faba-11	128	20	or	or	CCONJ
faba-11	128	21	unstable	unstable	ADJ
faba-11	128	22	.	.	PUNCT
faba-11	129	1	a	a	DET
faba-11	129	2	later	later	ADJ
faba-11	129	3	study	study	NOUN
faba-11	129	4	by	by	ADP
faba-11	129	5	jaffe	jaffe	PROPN
faba-11	129	6	and	and	CCONJ
faba-11	129	7	westerfield	westerfield	PROPN
faba-11	129	8	(	(	PUNCT
faba-11	129	9	1985	1985	NUM
faba-11	129	10	)	)	PUNCT
faba-11	129	11	find	find	VERB
faba-11	129	12	contradictory	contradictory	ADJ
faba-11	129	13	result	result	NOUN
faba-11	129	14	,	,	PUNCT
faba-11	129	15	where	where	SCONJ
faba-11	129	16	the	the	DET
faba-11	129	17	correlations	correlation	NOUN
faba-11	129	18	among	among	ADP
faba-11	129	19	national	national	ADJ
faba-11	129	20	markets	market	NOUN
faba-11	129	21	are	be	AUX
faba-11	129	22	positive	positive	ADJ
faba-11	129	23	and	and	CCONJ
faba-11	129	24	significant	significant	ADJ
faba-11	129	25	.	.	PUNCT
faba-11	130	1	similarly	similarly	ADV
faba-11	130	2	,	,	PUNCT
faba-11	130	3	eun	eun	NOUN
faba-11	130	4	and	and	CCONJ
faba-11	130	5	shim	shim	NOUN
faba-11	130	6	(	(	PUNCT
faba-11	130	7	1989	1989	NUM
faba-11	130	8	)	)	PUNCT
faba-11	130	9	find	find	VERB
faba-11	130	10	significant	significant	ADJ
faba-11	130	11	cross	cross	ADJ
faba-11	130	12	-	-	ADJ
faba-11	130	13	country	country	ADJ
faba-11	130	14	interactions	interaction	NOUN
faba-11	130	15	using	use	VERB
faba-11	130	16	vector	vector	NOUN
faba-11	130	17	autoregression	autoregression	NOUN
faba-11	130	18	(	(	PUNCT
faba-11	130	19	var	var	NOUN
faba-11	130	20	)	)	PUNCT
faba-11	130	21	technique	technique	NOUN
faba-11	130	22	.	.	PUNCT
faba-11	131	1	they	they	PRON
faba-11	131	2	also	also	ADV
faba-11	131	3	conclude	conclude	VERB
faba-11	131	4	that	that	SCONJ
faba-11	131	5	the	the	DET
faba-11	131	6	us	us	PROPN
faba-11	131	7	market	market	NOUN
faba-11	131	8	has	have	VERB
faba-11	131	9	an	an	DET
faba-11	131	10	influential	influential	ADJ
faba-11	131	11	role	role	NOUN
faba-11	131	12	against	against	ADP
faba-11	131	13	the	the	DET
faba-11	131	14	rest	rest	NOUN
faba-11	131	15	of	of	ADP
faba-11	131	16	the	the	DET
faba-11	131	17	markets	market	NOUN
faba-11	131	18	under	under	ADP
faba-11	131	19	study	study	NOUN
faba-11	131	20	.	.	PUNCT
faba-11	132	1	copeland	copeland	PROPN
faba-11	132	2	and	and	CCONJ
faba-11	132	3	copeland	copeland	PROPN
faba-11	132	4	(	(	PUNCT
faba-11	132	5	1998	1998	NUM
faba-11	132	6	)	)	PUNCT
faba-11	132	7	go	go	VERB
faba-11	132	8	deeper	deeply	ADV
faba-11	132	9	into	into	ADP
faba-11	132	10	the	the	DET
faba-11	132	11	issue	issue	NOUN
faba-11	132	12	to	to	PART
faba-11	132	13	explore	explore	VERB
faba-11	132	14	the	the	DET
faba-11	132	15	contemporaneous	contemporaneous	ADJ
faba-11	132	16	and	and	CCONJ
faba-11	132	17	lead	lead	ADJ
faba-11	132	18	-	-	PUNCT
faba-11	132	19	lag	lag	NOUN
faba-11	132	20	relations	relation	NOUN
faba-11	132	21	of	of	ADP
faba-11	132	22	market	market	NOUN
faba-11	132	23	returns	return	NOUN
faba-11	132	24	and	and	CCONJ
faba-11	132	25	find	find	VERB
faba-11	132	26	a	a	DET
faba-11	132	27	strong	strong	ADJ
faba-11	132	28	contemporaneous	contemporaneous	ADJ
faba-11	132	29	relationship	relationship	NOUN
faba-11	132	30	among	among	ADP
faba-11	132	31	regional	regional	ADJ
faba-11	132	32	exchanges	exchange	NOUN
faba-11	132	33	that	that	PRON
faba-11	132	34	open	open	VERB
faba-11	132	35	at	at	ADP
faba-11	132	36	the	the	DET
faba-11	132	37	same	same	ADJ
faba-11	132	38	time	time	NOUN
faba-11	132	39	.	.	PUNCT
faba-11	133	1	consistent	consistent	ADJ
faba-11	133	2	with	with	ADP
faba-11	133	3	eun	eun	NOUN
faba-11	133	4	and	and	CCONJ
faba-11	133	5	shim	shim	NOUN
faba-11	133	6	(	(	PUNCT
faba-11	133	7	1989	1989	NUM
faba-11	133	8	)	)	PUNCT
faba-11	133	9	,	,	PUNCT
faba-11	133	10	they	they	PRON
faba-11	133	11	also	also	ADV
faba-11	133	12	reveal	reveal	VERB
faba-11	133	13	that	that	SCONJ
faba-11	133	14	the	the	DET
faba-11	133	15	u.s	u.s	PROPN
faba-11	133	16	.	.	PROPN
faba-11	133	17	leads	lead	VERB
faba-11	133	18	the	the	DET
faba-11	133	19	european	european	ADJ
faba-11	133	20	and	and	CCONJ
faba-11	133	21	the	the	DET
faba-11	133	22	pacific	pacific	PROPN
faba-11	133	23	markets	market	NOUN
faba-11	133	24	by	by	ADP
faba-11	133	25	one	one	NUM
faba-11	133	26	day	day	NOUN
faba-11	133	27	.	.	PUNCT
faba-11	134	1	these	these	DET
faba-11	134	2	findings	finding	NOUN
faba-11	134	3	all	all	PRON
faba-11	134	4	lend	lend	VERB
faba-11	134	5	support	support	NOUN
faba-11	134	6	to	to	ADP
faba-11	134	7	the	the	DET
faba-11	134	8	view	view	NOUN
faba-11	134	9	that	that	SCONJ
faba-11	134	10	financial	financial	ADJ
faba-11	134	11	market	market	NOUN
faba-11	134	12	variable	variable	NOUN
faba-11	134	13	in	in	ADP
faba-11	134	14	various	various	ADJ
faba-11	134	15	countries	country	NOUN
faba-11	134	16	may	may	AUX
faba-11	134	17	be	be	AUX
faba-11	134	18	interconnected	interconnect	VERB
faba-11	134	19	to	to	ADP
faba-11	134	20	some	some	DET
faba-11	134	21	extent	extent	NOUN
faba-11	134	22	.	.	PUNCT
faba-11	135	1	besides	besides	SCONJ
faba-11	135	2	the	the	DET
faba-11	135	3	co	co	NOUN
faba-11	135	4	-	-	NOUN
faba-11	135	5	movement	movement	NOUN
faba-11	135	6	of	of	ADP
faba-11	135	7	returns	return	NOUN
faba-11	135	8	among	among	ADP
faba-11	135	9	markets	market	NOUN
faba-11	135	10	,	,	PUNCT
faba-11	135	11	researchers	researcher	NOUN
faba-11	135	12	are	be	AUX
faba-11	135	13	also	also	ADV
faba-11	135	14	interested	interested	ADJ
faba-11	135	15	to	to	PART
faba-11	135	16	determine	determine	VERB
faba-11	135	17	whether	whether	SCONJ
faba-11	135	18	there	there	PRON
faba-11	135	19	are	be	VERB
faba-11	135	20	any	any	DET
faba-11	135	21	spillover	spillover	ADJ
faba-11	135	22	effects	effect	NOUN
faba-11	135	23	in	in	ADP
faba-11	135	24	volatility	volatility	NOUN
faba-11	135	25	among	among	ADP
faba-11	135	26	the	the	DET
faba-11	135	27	regional	regional	ADJ
faba-11	135	28	markets	market	NOUN
faba-11	135	29	.	.	PUNCT
faba-11	136	1	for	for	ADP
faba-11	136	2	example	example	NOUN
faba-11	136	3	,	,	PUNCT
faba-11	136	4	hamao	hamao	PROPN
faba-11	136	5	,	,	PUNCT
faba-11	136	6	masulis	masulis	PROPN
faba-11	136	7	and	and	CCONJ
faba-11	136	8	ng	ng	PROPN
faba-11	136	9	(	(	PUNCT
faba-11	136	10	1990	1990	NUM
faba-11	136	11	)	)	PUNCT
faba-11	136	12	found	find	VERB
faba-11	136	13	spillover	spillover	ADJ
faba-11	136	14	effects	effect	NOUN
faba-11	136	15	from	from	ADP
faba-11	136	16	the	the	DET
faba-11	136	17	us	us	PROPN
faba-11	136	18	and	and	CCONJ
faba-11	136	19	the	the	DET
faba-11	136	20	uk	uk	PROPN
faba-11	136	21	stock	stock	NOUN
faba-11	136	22	markets	market	NOUN
faba-11	136	23	to	to	ADP
faba-11	136	24	the	the	DET
faba-11	136	25	japanese	japanese	ADJ
faba-11	136	26	market	market	NOUN
faba-11	136	27	.	.	PUNCT
faba-11	137	1	they	they	PRON
faba-11	137	2	contend	contend	VERB
faba-11	137	3	that	that	SCONJ
faba-11	137	4	the	the	DET
faba-11	137	5	spillover	spillover	ADJ
faba-11	137	6	effect	effect	NOUN
faba-11	137	7	of	of	ADP
faba-11	137	8	information	information	NOUN
faba-11	137	9	by	by	ADP
faba-11	137	10	trading	trading	NOUN
faba-11	137	11	volume	volume	NOUN
faba-11	137	12	of	of	ADP
faba-11	137	13	one	one	NUM
faba-11	137	14	country	country	NOUN
faba-11	137	15	to	to	PART
faba-11	137	16	volume	volume	VERB
faba-11	137	17	in	in	ADP
faba-11	137	18	another	another	PRON
faba-11	137	19	is	be	AUX
faba-11	137	20	a	a	DET
faba-11	137	21	rare	rare	ADJ
faba-11	137	22	subject	subject	NOUN
faba-11	137	23	of	of	ADP
faba-11	137	24	discussion	discussion	NOUN
faba-11	137	25	in	in	ADP
faba-11	137	26	the	the	DET
faba-11	137	27	literature	literature	NOUN
faba-11	137	28	and	and	CCONJ
faba-11	137	29	call	call	VERB
faba-11	137	30	for	for	ADP
faba-11	137	31	more	more	ADV
faba-11	137	32	empirical	empirical	ADJ
faba-11	137	33	studies	study	NOUN
faba-11	137	34	.	.	PUNCT
faba-11	138	1	lee	lee	PROPN
faba-11	138	2	and	and	CCONJ
faba-11	138	3	rui	rui	PROPN
faba-11	138	4	(	(	PUNCT
faba-11	138	5	2002	2002	NUM
faba-11	138	6	)	)	PUNCT
faba-11	138	7	find	find	VERB
faba-11	138	8	a	a	DET
faba-11	138	9	positive	positive	ADJ
faba-11	138	10	feedback	feedback	NOUN
faba-11	138	11	relationship	relationship	NOUN
faba-11	138	12	between	between	ADP
faba-11	138	13	trading	trading	NOUN
faba-11	138	14	volume	volume	NOUN
faba-11	138	15	and	and	CCONJ
faba-11	138	16	return	return	VERB
faba-11	138	17	volatility	volatility	NOUN
faba-11	138	18	in	in	ADP
faba-11	138	19	all	all	DET
faba-11	138	20	three	three	NUM
faba-11	138	21	markets	market	NOUN
faba-11	138	22	.	.	PUNCT
faba-11	139	1	they	they	PRON
faba-11	139	2	find	find	VERB
faba-11	139	3	that	that	SCONJ
faba-11	139	4	the	the	DET
faba-11	139	5	us	us	PROPN
faba-11	139	6	trading	trading	NOUN
faba-11	139	7	volume	volume	NOUN
faba-11	139	8	contains	contain	VERB
faba-11	139	9	predictive	predictive	ADJ
faba-11	139	10	power	power	NOUN
faba-11	139	11	for	for	ADP
faba-11	139	12	uk	uk	PROPN
faba-11	139	13	and	and	CCONJ
faba-11	139	14	japanese	japanese	ADJ
faba-11	139	15	volumes	volume	NOUN
faba-11	139	16	.	.	PUNCT
faba-11	140	1	michelfelder	michelfelder	NOUN
faba-11	140	2	and	and	CCONJ
faba-11	140	3	pandya	pandya	PROPN
faba-11	140	4	(	(	PUNCT
faba-11	140	5	2005	2005	NUM
faba-11	140	6	)	)	PUNCT
faba-11	140	7	compare	compare	VERB
faba-11	140	8	the	the	DET
faba-11	140	9	volatility	volatility	NOUN
faba-11	140	10	of	of	ADP
faba-11	140	11	stock	stock	NOUN
faba-11	140	12	returns	return	NOUN
faba-11	140	13	and	and	CCONJ
faba-11	140	14	predictability	predictability	NOUN
faba-11	140	15	in	in	ADP
faba-11	140	16	two	two	NUM
faba-11	140	17	mature	mature	ADJ
faba-11	140	18	markets	market	NOUN
faba-11	140	19	(	(	PUNCT
faba-11	140	20	japan	japan	PROPN
faba-11	140	21	and	and	CCONJ
faba-11	140	22	united	united	PROPN
faba-11	140	23	states	states	PROPN
faba-11	140	24	)	)	PUNCT
faba-11	140	25	against	against	ADP
faba-11	140	26	seven	seven	NUM
faba-11	140	27	emerging	emerge	VERB
faba-11	140	28	equity	equity	NOUN
faba-11	140	29	markets	market	NOUN
faba-11	140	30	(	(	PUNCT
faba-11	140	31	india	india	PROPN
faba-11	140	32	,	,	PUNCT
faba-11	140	33	hong	hong	PROPN
faba-11	140	34	kong	kong	PROPN
faba-11	140	35	,	,	PUNCT
faba-11	140	36	south	south	PROPN
faba-11	140	37	korea	korea	PROPN
faba-11	140	38	,	,	PUNCT
faba-11	140	39	malaysia	malaysia	PROPN
faba-11	140	40	,	,	PUNCT
faba-11	140	41	singapore	singapore	PROPN
faba-11	140	42	and	and	CCONJ
faba-11	140	43	taiwan	taiwan	PROPN
faba-11	140	44	)	)	PUNCT
faba-11	140	45	.	.	PUNCT
faba-11	141	1	using	use	VERB
faba-11	141	2	egarch	egarch	NOUN
faba-11	141	3	,	,	PUNCT
faba-11	141	4	the	the	DET
faba-11	141	5	study	study	NOUN
faba-11	141	6	finds	find	VERB
faba-11	141	7	that	that	SCONJ
faba-11	141	8	emerging	emerge	VERB
faba-11	141	9	markets	market	NOUN
faba-11	141	10	have	have	VERB
faba-11	141	11	higher	high	ADJ
faba-11	141	12	volatility	volatility	NOUN
faba-11	141	13	but	but	CCONJ
faba-11	141	14	lower	low	ADJ
faba-11	141	15	persistence	persistence	NOUN
faba-11	141	16	of	of	ADP
faba-11	141	17	shocks	shock	NOUN
faba-11	141	18	as	as	ADP
faba-11	141	19	compared	compare	VERB
faba-11	141	20	to	to	ADP
faba-11	141	21	the	the	DET
faba-11	141	22	two	two	NUM
faba-11	141	23	mature	mature	ADJ
faba-11	141	24	markets	market	NOUN
faba-11	141	25	.	.	PUNCT
faba-11	142	1	they	they	PRON
faba-11	142	2	also	also	ADV
faba-11	142	3	have	have	VERB
faba-11	142	4	greater	great	ADJ
faba-11	142	5	impact	impact	NOUN
faba-11	142	6	on	on	ADP
faba-11	142	7	volatility	volatility	NOUN
faba-11	142	8	of	of	ADP
faba-11	142	9	stock	stock	NOUN
faba-11	142	10	returns	return	NOUN
faba-11	142	11	during	during	ADP
faba-11	142	12	non	non	ADJ
faba-11	142	13	-	-	ADJ
faba-11	142	14	trading	trading	ADJ
faba-11	142	15	days	day	NOUN
faba-11	142	16	than	than	ADP
faba-11	142	17	mature	mature	ADJ
faba-11	142	18	markets	market	NOUN
faba-11	142	19	.	.	PUNCT
faba-11	143	1	in	in	ADP
faba-11	143	2	addition	addition	NOUN
faba-11	143	3	,	,	PUNCT
faba-11	143	4	the	the	DET
faba-11	143	5	var	var	NOUN
faba-11	143	6	test	test	NOUN
faba-11	143	7	shows	show	VERB
faba-11	143	8	that	that	SCONJ
faba-11	143	9	us	we	PRON
faba-11	143	10	shocks	shock	NOUN
faba-11	143	11	are	be	AUX
faba-11	143	12	rapidly	rapidly	ADV
faba-11	143	13	transmitted	transmit	VERB
faba-11	143	14	to	to	ADP
faba-11	143	15	the	the	DET
faba-11	143	16	rest	rest	NOUN
faba-11	143	17	of	of	ADP
faba-11	143	18	the	the	DET
faba-11	143	19	world	world	NOUN
faba-11	143	20	,	,	PUNCT
faba-11	143	21	implying	imply	VERB
faba-11	143	22	dependency	dependency	NOUN
faba-11	143	23	of	of	ADP
faba-11	143	24	emerging	emerge	VERB
faba-11	143	25	markets	market	NOUN
faba-11	143	26	returns	return	NOUN
faba-11	143	27	towards	towards	ADP
faba-11	143	28	the	the	DET
faba-11	143	29	returns	return	NOUN
faba-11	143	30	on	on	ADP
faba-11	143	31	mature	mature	ADJ
faba-11	143	32	markets	market	NOUN
faba-11	143	33	.	.	PUNCT
faba-11	144	1	choi	choi	NOUN
faba-11	144	2	et	et	PROPN
faba-11	144	3	al	al	PROPN
faba-11	144	4	.	.	PROPN
faba-11	145	1	(	(	PUNCT
faba-11	145	2	2013	2013	NUM
faba-11	145	3	)	)	PUNCT
faba-11	145	4	provide	provide	VERB
faba-11	145	5	evidence	evidence	NOUN
faba-11	145	6	on	on	ADP
faba-11	145	7	the	the	DET
faba-11	145	8	domestic	domestic	ADJ
faba-11	145	9	and	and	CCONJ
faba-11	145	10	cross	cross	ADJ
faba-11	145	11	-	-	ADJ
faba-11	145	12	country	country	ADJ
faba-11	145	13	relationships	relationship	NOUN
faba-11	145	14	between	between	ADP
faba-11	145	15	trading	trading	NOUN
faba-11	145	16	volume	volume	NOUN
faba-11	145	17	,	,	PUNCT
faba-11	145	18	return	return	NOUN
faba-11	145	19	and	and	CCONJ
faba-11	145	20	volatility	volatility	NOUN
faba-11	145	21	in	in	ADP
faba-11	145	22	four	four	NUM
faba-11	145	23	asian	asian	ADJ
faba-11	145	24	stock	stock	NOUN
faba-11	145	25	markets	market	NOUN
faba-11	145	26	.	.	PUNCT
faba-11	146	1	the	the	DET
faba-11	146	2	study	study	NOUN
faba-11	146	3	employs	employ	VERB
faba-11	146	4	granger	granger	PROPN
faba-11	146	5	causality	causality	NOUN
faba-11	146	6	and	and	CCONJ
faba-11	146	7	garch	garch	NOUN
faba-11	146	8	to	to	PART
faba-11	146	9	model	model	VERB
faba-11	146	10	the	the	DET
faba-11	146	11	relationship	relationship	NOUN
faba-11	146	12	and	and	CCONJ
faba-11	146	13	finds	find	VERB
faba-11	146	14	evidence	evidence	NOUN
faba-11	146	15	that	that	SCONJ
faba-11	146	16	financial	financial	ADJ
faba-11	146	17	market	market	NOUN
faba-11	146	18	variables	variable	NOUN
faba-11	146	19	across	across	ADP
faba-11	146	20	the	the	DET
faba-11	146	21	countries	country	NOUN
faba-11	146	22	are	be	AUX
faba-11	146	23	interrelated	interrelated	ADJ
faba-11	146	24	.	.	PUNCT
faba-11	147	1	one	one	NUM
faba-11	147	2	of	of	ADP
faba-11	147	3	the	the	DET
faba-11	147	4	principal	principal	ADJ
faba-11	147	5	discoveries	discovery	NOUN
faba-11	147	6	is	be	AUX
faba-11	147	7	that	that	SCONJ
faba-11	147	8	hong	hong	PROPN
faba-11	147	9	kong	kong	PROPN
faba-11	147	10	financial	financial	ADJ
faba-11	147	11	market	market	NOUN
faba-11	147	12	variables	variable	NOUN
faba-11	147	13	,	,	PUNCT
faba-11	147	14	in	in	ADP
faba-11	147	15	particular	particular	ADJ
faba-11	147	16	trading	trading	NOUN
faba-11	147	17	volume	volume	NOUN
faba-11	147	18	,	,	PUNCT
faba-11	147	19	have	have	VERB
faba-11	147	20	extensive	extensive	ADJ
faba-11	147	21	predictive	predictive	ADJ
faba-11	147	22	power	power	NOUN
faba-11	147	23	for	for	ADP
faba-11	147	24	the	the	DET
faba-11	147	25	variables	variable	NOUN
faba-11	147	26	of	of	ADP
faba-11	147	27	japan	japan	PROPN
faba-11	147	28	and	and	CCONJ
faba-11	147	29	korea	korea	PROPN
faba-11	147	30	.	.	PUNCT
faba-11	148	1	japanese	japanese	ADJ
faba-11	148	2	stock	stock	NOUN
faba-11	148	3	market	market	NOUN
faba-11	148	4	,	,	PUNCT
faba-11	148	5	on	on	ADP
faba-11	148	6	the	the	DET
faba-11	148	7	other	other	ADJ
faba-11	148	8	hand	hand	NOUN
faba-11	148	9	,	,	PUNCT
faba-11	148	10	is	be	AUX
faba-11	148	11	substantially	substantially	ADV
faba-11	148	12	influenced	influence	VERB
faba-11	148	13	by	by	ADP
faba-11	148	14	variables	variable	NOUN
faba-11	148	15	of	of	ADP
faba-11	148	16	korea	korea	PROPN
faba-11	148	17	,	,	PUNCT
faba-11	148	18	hong	hong	PROPN
faba-11	148	19	kong	kong	PROPN
faba-11	148	20	,	,	PUNCT
faba-11	148	21	and	and	CCONJ
faba-11	148	22	china	china	PROPN
faba-11	148	23	.	.	PUNCT
faba-11	149	1	several	several	ADJ
faba-11	149	2	conclusions	conclusion	NOUN
faba-11	149	3	can	can	AUX
faba-11	149	4	be	be	AUX
faba-11	149	5	made	make	VERB
faba-11	149	6	from	from	ADP
faba-11	149	7	the	the	DET
faba-11	149	8	literatures	literature	NOUN
faba-11	149	9	discussed	discuss	VERB
faba-11	149	10	above	above	ADV
faba-11	149	11	.	.	PUNCT
faba-11	150	1	firstly	firstly	ADV
faba-11	150	2	,	,	PUNCT
faba-11	150	3	multiple	multiple	ADJ
faba-11	150	4	researchers	researcher	NOUN
faba-11	150	5	have	have	AUX
faba-11	150	6	found	find	VERB
faba-11	150	7	the	the	DET
faba-11	150	8	existence	existence	NOUN
faba-11	150	9	of	of	ADP
faba-11	150	10	inter	inter	NOUN
faba-11	150	11	-	-	NOUN
faba-11	150	12	relationships	relationship	NOUN
faba-11	150	13	between	between	ADP
faba-11	150	14	financial	financial	ADJ
faba-11	150	15	market	market	NOUN
faba-11	150	16	variables	variable	NOUN
faba-11	150	17	across	across	ADP
faba-11	150	18	countries	country	NOUN
faba-11	150	19	.	.	PUNCT
faba-11	151	1	secondly	secondly	ADV
faba-11	151	2	,	,	PUNCT
faba-11	151	3	trading	trading	NOUN
faba-11	151	4	volume	volume	NOUN
faba-11	151	5	may	may	AUX
faba-11	151	6	have	have	VERB
faba-11	151	7	the	the	DET
faba-11	151	8	power	power	NOUN
faba-11	151	9	to	to	PART
faba-11	151	10	predict	predict	VERB
faba-11	151	11	return	return	NOUN
faba-11	151	12	and	and	CCONJ
faba-11	151	13	volatility	volatility	NOUN
faba-11	151	14	in	in	ADP
faba-11	151	15	other	other	ADJ
faba-11	151	16	markets	market	NOUN
faba-11	151	17	.	.	PUNCT
faba-11	152	1	thirdly	thirdly	ADV
faba-11	152	2	,	,	PUNCT
faba-11	152	3	the	the	DET
faba-11	152	4	number	number	NOUN
faba-11	152	5	of	of	ADP
faba-11	152	6	studies	study	NOUN
faba-11	152	7	in	in	ADP
faba-11	152	8	this	this	DET
faba-11	152	9	field	field	NOUN
faba-11	152	10	is	be	AUX
faba-11	152	11	still	still	ADV
faba-11	152	12	quite	quite	ADV
faba-11	152	13	scarce	scarce	ADJ
faba-11	152	14	,	,	PUNCT
faba-11	152	15	and	and	CCONJ
faba-11	152	16	almost	almost	ADV
faba-11	152	17	all	all	ADV
faba-11	152	18	from	from	ADP
faba-11	152	19	the	the	DET
faba-11	152	20	already	already	ADV
faba-11	152	21	few	few	ADJ
faba-11	152	22	literatures	literature	NOUN
faba-11	152	23	are	be	AUX
faba-11	152	24	concentrating	concentrate	VERB
faba-11	152	25	on	on	ADP
faba-11	152	26	mature	mature	ADJ
faba-11	152	27	markets	market	NOUN
faba-11	152	28	.	.	PUNCT
faba-11	153	1	it	it	PRON
faba-11	153	2	would	would	AUX
faba-11	153	3	be	be	AUX
faba-11	153	4	interesting	interesting	ADJ
faba-11	153	5	to	to	PART
faba-11	153	6	replicate	replicate	VERB
faba-11	153	7	the	the	DET
faba-11	153	8	studies	study	NOUN
faba-11	153	9	into	into	ADP
faba-11	153	10	financial	financial	ADJ
faba-11	153	11	markets	market	NOUN
faba-11	153	12	in	in	ADP
faba-11	153	13	other	other	ADJ
faba-11	153	14	parts	part	NOUN
faba-11	153	15	of	of	ADP
faba-11	153	16	the	the	DET
faba-11	153	17	m.r	m.r	PROPN
faba-11	153	18	.	.	PROPN
faba-11	153	19	miseman	miseman	PROPN
faba-11	153	20	et	et	PROPN
faba-11	153	21	al	al	PROPN
faba-11	153	22	.	.	PUNCT
faba-11	153	23	/	/	SYM
faba-11	153	24	finance	finance	NOUN
faba-11	153	25	,	,	PUNCT
faba-11	153	26	accounting	accounting	NOUN
faba-11	153	27	and	and	CCONJ
faba-11	153	28	business	business	NOUN
faba-11	153	29	analisys	analisys	NOUN
faba-11	153	30	6	6	NUM
faba-11	153	31	world	world	NOUN
faba-11	153	32	.	.	PUNCT
faba-11	154	1	research	research	NOUN
faba-11	154	2	methodology	methodology	NOUN
faba-11	154	3	two	two	NUM
faba-11	154	4	conceptual	conceptual	ADJ
faba-11	154	5	frameworks	framework	NOUN
faba-11	154	6	are	be	AUX
faba-11	154	7	henceforth	henceforth	ADV
faba-11	154	8	presented	present	VERB
faba-11	154	9	.	.	PUNCT
faba-11	155	1	figure	figure	VERB
faba-11	155	2	1	1	NUM
faba-11	155	3	presents	present	VERB
faba-11	155	4	the	the	DET
faba-11	155	5	framework	framework	NOUN
faba-11	155	6	for	for	ADP
faba-11	155	7	the	the	DET
faba-11	155	8	domestic	domestic	ADJ
faba-11	155	9	cases	case	NOUN
faba-11	155	10	,	,	PUNCT
faba-11	155	11	where	where	SCONJ
faba-11	155	12	separate	separate	ADJ
faba-11	155	13	estimations	estimation	NOUN
faba-11	155	14	will	will	AUX
faba-11	155	15	take	take	VERB
faba-11	155	16	place	place	NOUN
faba-11	155	17	for	for	ADP
faba-11	155	18	each	each	DET
faba-11	155	19	country	country	NOUN
faba-11	155	20	’s	’s	PART
faba-11	155	21	financial	financial	ADJ
faba-11	155	22	market	market	NOUN
faba-11	155	23	variables	variable	NOUN
faba-11	155	24	of	of	ADP
faba-11	155	25	concern	concern	NOUN
faba-11	155	26	.	.	PUNCT
faba-11	156	1	on	on	ADP
faba-11	156	2	the	the	DET
faba-11	156	3	other	other	ADJ
faba-11	156	4	hand	hand	NOUN
faba-11	156	5	,	,	PUNCT
faba-11	156	6	figure	figure	VERB
faba-11	156	7	2	2	NUM
faba-11	156	8	presents	present	VERB
faba-11	156	9	the	the	DET
faba-11	156	10	framework	framework	NOUN
faba-11	156	11	for	for	ADP
faba-11	156	12	cross	cross	ADJ
faba-11	156	13	-	-	ADJ
faba-11	156	14	country	country	ADJ
faba-11	156	15	relationships	relationship	NOUN
faba-11	156	16	,	,	PUNCT
faba-11	156	17	where	where	SCONJ
faba-11	156	18	the	the	DET
faba-11	156	19	study	study	NOUN
faba-11	156	20	seeks	seek	VERB
faba-11	156	21	to	to	PART
faba-11	156	22	test	test	VERB
faba-11	156	23	whether	whether	SCONJ
faba-11	156	24	trading	trading	NOUN
faba-11	156	25	volume	volume	NOUN
faba-11	156	26	in	in	ADP
faba-11	156	27	one	one	NUM
faba-11	156	28	market	market	NOUN
faba-11	156	29	of	of	ADP
faba-11	156	30	concern	concern	NOUN
faba-11	156	31	has	have	VERB
faba-11	156	32	predictive	predictive	ADJ
faba-11	156	33	power	power	NOUN
faba-11	156	34	on	on	ADP
faba-11	156	35	stock	stock	NOUN
faba-11	156	36	returns	return	NOUN
faba-11	156	37	and	and	CCONJ
faba-11	156	38	return	return	VERB
faba-11	156	39	volatility	volatility	NOUN
faba-11	156	40	in	in	ADP
faba-11	156	41	another	another	DET
faba-11	156	42	two	two	NUM
faba-11	156	43	markets	market	NOUN
faba-11	156	44	.	.	PUNCT
faba-11	157	1	independent	independent	ADJ
faba-11	157	2	variable	variable	ADJ
faba-11	157	3	dependent	dependent	ADJ
faba-11	157	4	variables	variable	NOUN
faba-11	157	5	figure	figure	VERB
faba-11	157	6	1	1	NUM
faba-11	157	7	:	:	PUNCT
faba-11	157	8	conceptual	conceptual	ADJ
faba-11	157	9	framework	framework	NOUN
faba-11	157	10	1	1	NUM
faba-11	157	11	(	(	PUNCT
faba-11	157	12	domestic	domestic	ADJ
faba-11	157	13	)	)	PUNCT
faba-11	157	14	figure	figure	NOUN
faba-11	157	15	2	2	NUM
faba-11	157	16	:	:	PUNCT
faba-11	157	17	conceptual	conceptual	ADJ
faba-11	157	18	framework	framework	NOUN
faba-11	157	19	2	2	NUM
faba-11	157	20	(	(	PUNCT
faba-11	157	21	cross	cross	NOUN
faba-11	157	22	-	-	NOUN
faba-11	157	23	country	country	NOUN
faba-11	157	24	)	)	PUNCT
faba-11	157	25	there	there	PRON
faba-11	157	26	are	be	VERB
faba-11	157	27	two	two	NUM
faba-11	157	28	dependent	dependent	ADJ
faba-11	157	29	variables	variable	NOUN
faba-11	157	30	in	in	ADP
faba-11	157	31	this	this	DET
faba-11	157	32	study	study	NOUN
faba-11	157	33	,	,	PUNCT
faba-11	157	34	which	which	PRON
faba-11	157	35	are	be	AUX
faba-11	157	36	stock	stock	NOUN
faba-11	157	37	market	market	NOUN
faba-11	157	38	returns	return	NOUN
faba-11	157	39	and	and	CCONJ
faba-11	157	40	volatility	volatility	NOUN
faba-11	157	41	of	of	ADP
faba-11	157	42	the	the	DET
faba-11	157	43	returns	return	NOUN
faba-11	157	44	.	.	PUNCT
faba-11	158	1	stock	stock	NOUN
faba-11	158	2	market	market	NOUN
faba-11	158	3	return	return	NOUN
faba-11	158	4	is	be	AUX
faba-11	158	5	defined	define	VERB
faba-11	158	6	as	as	ADP
faba-11	158	7	the	the	DET
faba-11	158	8	rate	rate	NOUN
faba-11	158	9	of	of	ADP
faba-11	158	10	change	change	NOUN
faba-11	158	11	(	(	PUNCT
faba-11	158	12	gain	gain	NOUN
faba-11	158	13	or	or	CCONJ
faba-11	158	14	lose	lose	VERB
faba-11	158	15	)	)	PUNCT
faba-11	158	16	in	in	ADP
faba-11	158	17	the	the	DET
faba-11	158	18	price	price	NOUN
faba-11	158	19	of	of	ADP
faba-11	158	20	the	the	DET
faba-11	158	21	concerned	concerned	ADJ
faba-11	158	22	stock	stock	NOUN
faba-11	158	23	market	market	NOUN
faba-11	158	24	indices	index	NOUN
faba-11	158	25	.	.	PUNCT
faba-11	159	1	the	the	DET
faba-11	159	2	time	time	NOUN
faba-11	159	3	-	-	PUNCT
faba-11	159	4	series	series	NOUN
faba-11	159	5	daily	daily	ADJ
faba-11	159	6	index	index	NOUN
faba-11	159	7	returns	return	NOUN
faba-11	159	8	are	be	AUX
faba-11	159	9	calculated	calculate	VERB
faba-11	159	10	using	use	VERB
faba-11	159	11	the	the	DET
faba-11	159	12	logarithmic	logarithmic	NOUN
faba-11	159	13	of	of	ADP
faba-11	159	14	daily	daily	ADJ
faba-11	159	15	difference	difference	NOUN
faba-11	159	16	of	of	ADP
faba-11	159	17	the	the	DET
faba-11	159	18	market	market	NOUN
faba-11	159	19	index	index	NOUN
faba-11	159	20	value	value	NOUN
faba-11	159	21	as	as	SCONJ
faba-11	159	22	follows	follow	VERB
faba-11	159	23	:	:	PUNCT
faba-11	159	24	stock	stock	NOUN
faba-11	159	25	returns	return	NOUN
faba-11	159	26	=	=	SYM
faba-11	160	1	ln	ln	X
faba-11	160	2	(	(	PUNCT
faba-11	160	3	pt	pt	INTJ
faba-11	160	4	–	–	PUNCT
faba-11	160	5	pt-1	pt-1	ADV
faba-11	160	6	)	)	PUNCT
faba-11	160	7	*	*	PUNCT
faba-11	160	8	100	100	NUM
faba-11	160	9	where	where	SCONJ
faba-11	160	10	pt	pt	NOUN
faba-11	160	11	–	–	PUNCT
faba-11	160	12	pt-1	pt-1	PUNCT
faba-11	160	13	are	be	AUX
faba-11	160	14	closing	close	VERB
faba-11	160	15	daily	daily	ADJ
faba-11	160	16	prices	price	NOUN
faba-11	160	17	of	of	ADP
faba-11	160	18	the	the	DET
faba-11	160	19	stock	stock	NOUN
faba-11	160	20	market	market	NOUN
faba-11	160	21	indices	index	NOUN
faba-11	160	22	at	at	ADP
faba-11	160	23	time	time	NOUN
faba-11	160	24	t	t	PROPN
faba-11	160	25	and	and	CCONJ
faba-11	160	26	t-1	t-1	PROPN
faba-11	160	27	.	.	PUNCT
faba-11	161	1	this	this	DET
faba-11	161	2	definition	definition	NOUN
faba-11	161	3	and	and	CCONJ
faba-11	161	4	derivation	derivation	NOUN
faba-11	161	5	of	of	ADP
faba-11	161	6	stock	stock	NOUN
faba-11	161	7	market	market	NOUN
faba-11	161	8	return	return	NOUN
faba-11	161	9	are	be	AUX
faba-11	161	10	the	the	DET
faba-11	161	11	same	same	ADJ
faba-11	161	12	in	in	ADP
faba-11	161	13	both	both	CCONJ
faba-11	161	14	domestic	domestic	ADJ
faba-11	161	15	and	and	CCONJ
faba-11	161	16	cross	cross	ADJ
faba-11	161	17	-	-	ADJ
faba-11	161	18	country	country	ADJ
faba-11	161	19	cases	case	NOUN
faba-11	161	20	.	.	PUNCT
faba-11	162	1	volatility	volatility	NOUN
faba-11	162	2	refers	refer	VERB
faba-11	162	3	to	to	ADP
faba-11	162	4	the	the	DET
faba-11	162	5	rate	rate	NOUN
faba-11	162	6	of	of	ADP
faba-11	162	7	fluctuation	fluctuation	NOUN
faba-11	162	8	in	in	ADP
faba-11	162	9	the	the	DET
faba-11	162	10	share	share	NOUN
faba-11	162	11	prices	price	NOUN
faba-11	162	12	,	,	PUNCT
faba-11	162	13	which	which	PRON
faba-11	162	14	in	in	ADP
faba-11	162	15	this	this	DET
faba-11	162	16	study	study	NOUN
faba-11	162	17	is	be	AUX
faba-11	162	18	derived	derive	VERB
faba-11	162	19	from	from	ADP
faba-11	162	20	time	time	NOUN
faba-11	162	21	series	series	NOUN
faba-11	162	22	of	of	ADP
faba-11	162	23	past	past	ADJ
faba-11	162	24	market	market	NOUN
faba-11	162	25	index	index	NOUN
faba-11	162	26	prices	price	NOUN
faba-11	162	27	.	.	PUNCT
faba-11	163	1	being	be	AUX
faba-11	163	2	measured	measure	VERB
faba-11	163	3	using	using	NOUN
faba-11	163	4	variance	variance	NOUN
faba-11	163	5	,	,	PUNCT
faba-11	163	6	volatility	volatility	NOUN
faba-11	163	7	is	be	AUX
faba-11	163	8	a	a	DET
faba-11	163	9	measure	measure	NOUN
faba-11	163	10	for	for	ADP
faba-11	163	11	deviation	deviation	NOUN
faba-11	163	12	of	of	ADP
faba-11	163	13	price	price	NOUN
faba-11	163	14	of	of	ADP
faba-11	163	15	over	over	ADP
faba-11	163	16	time	time	NOUN
faba-11	163	17	.	.	PUNCT
faba-11	164	1	in	in	ADP
faba-11	164	2	other	other	ADJ
faba-11	164	3	words	word	NOUN
faba-11	164	4	,	,	PUNCT
faba-11	164	5	it	it	PRON
faba-11	164	6	refers	refer	VERB
faba-11	164	7	to	to	ADP
faba-11	164	8	the	the	DET
faba-11	164	9	amount	amount	NOUN
faba-11	164	10	of	of	ADP
faba-11	164	11	uncertainty	uncertainty	NOUN
faba-11	164	12	or	or	CCONJ
faba-11	164	13	risk	risk	NOUN
faba-11	164	14	about	about	ADP
faba-11	164	15	the	the	DET
faba-11	164	16	size	size	NOUN
faba-11	164	17	of	of	ADP
faba-11	164	18	changes	change	NOUN
faba-11	164	19	in	in	ADP
faba-11	164	20	the	the	DET
faba-11	164	21	stock	stock	NOUN
faba-11	164	22	’s	’s	PART
faba-11	164	23	value	value	NOUN
faba-11	164	24	.	.	PUNCT
faba-11	165	1	a	a	DET
faba-11	165	2	higher	high	ADJ
faba-11	165	3	volatility	volatility	NOUN
faba-11	165	4	means	mean	VERB
faba-11	165	5	that	that	SCONJ
faba-11	165	6	a	a	DET
faba-11	165	7	stock	stock	NOUN
faba-11	165	8	’s	’s	PART
faba-11	165	9	(	(	PUNCT
faba-11	165	10	index	index	NOUN
faba-11	165	11	)	)	PUNCT
faba-11	165	12	value	value	NOUN
faba-11	165	13	can	can	AUX
faba-11	165	14	potentially	potentially	ADV
faba-11	165	15	be	be	AUX
faba-11	165	16	spread	spread	VERB
faba-11	165	17	out	out	ADP
faba-11	165	18	over	over	ADP
faba-11	165	19	a	a	DET
faba-11	165	20	larger	large	ADJ
faba-11	165	21	range	range	NOUN
faba-11	165	22	.	.	PUNCT
faba-11	166	1	this	this	PRON
faba-11	166	2	means	mean	VERB
faba-11	166	3	that	that	SCONJ
faba-11	166	4	the	the	DET
faba-11	166	5	price	price	NOUN
faba-11	166	6	can	can	AUX
faba-11	166	7	change	change	VERB
faba-11	166	8	dramatically	dramatically	ADV
faba-11	166	9	over	over	ADP
faba-11	166	10	a	a	DET
faba-11	166	11	short	short	ADJ
faba-11	166	12	time	time	NOUN
faba-11	166	13	period	period	NOUN
faba-11	166	14	in	in	ADP
faba-11	166	15	either	either	DET
faba-11	166	16	direction	direction	NOUN
faba-11	166	17	.	.	PUNCT
faba-11	167	1	a	a	DET
faba-11	167	2	lower	low	ADJ
faba-11	167	3	volatility	volatility	NOUN
faba-11	167	4	means	mean	VERB
faba-11	167	5	that	that	SCONJ
faba-11	167	6	a	a	DET
faba-11	167	7	security	security	NOUN
faba-11	167	8	's	's	PART
faba-11	167	9	value	value	NOUN
faba-11	167	10	does	do	AUX
faba-11	167	11	not	not	PART
faba-11	167	12	fluctuate	fluctuate	VERB
faba-11	167	13	dramatically	dramatically	ADV
faba-11	167	14	,	,	PUNCT
faba-11	167	15	but	but	CCONJ
faba-11	167	16	changes	change	NOUN
faba-11	167	17	in	in	ADP
faba-11	167	18	value	value	NOUN
faba-11	167	19	at	at	ADP
faba-11	167	20	a	a	DET
faba-11	167	21	steady	steady	ADJ
faba-11	167	22	pace	pace	NOUN
faba-11	167	23	over	over	ADP
faba-11	167	24	a	a	DET
faba-11	167	25	period	period	NOUN
faba-11	167	26	of	of	ADP
faba-11	167	27	time	time	NOUN
faba-11	167	28	.	.	PUNCT
faba-11	168	1	the	the	DET
faba-11	168	2	measures	measure	NOUN
faba-11	168	3	of	of	ADP
faba-11	168	4	stock	stock	NOUN
faba-11	168	5	return	return	NOUN
faba-11	168	6	volatility	volatility	NOUN
faba-11	168	7	in	in	ADP
faba-11	168	8	both	both	CCONJ
faba-11	168	9	domestic	domestic	ADJ
faba-11	168	10	and	and	CCONJ
faba-11	168	11	cross	cross	ADJ
faba-11	168	12	-	-	ADJ
faba-11	168	13	country	country	ADJ
faba-11	168	14	cases	case	NOUN
faba-11	168	15	are	be	AUX
faba-11	168	16	the	the	DET
faba-11	168	17	same	same	ADJ
faba-11	168	18	.	.	PUNCT
faba-11	169	1	the	the	DET
faba-11	169	2	independent	independent	ADJ
faba-11	169	3	variable	variable	NOUN
faba-11	169	4	of	of	ADP
faba-11	169	5	concern	concern	NOUN
faba-11	169	6	in	in	ADP
faba-11	169	7	this	this	DET
faba-11	169	8	study	study	NOUN
faba-11	169	9	is	be	AUX
faba-11	169	10	trading	trading	NOUN
faba-11	169	11	volume	volume	NOUN
faba-11	169	12	,	,	PUNCT
faba-11	169	13	which	which	PRON
faba-11	169	14	is	be	AUX
faba-11	169	15	defined	define	VERB
faba-11	169	16	as	as	ADP
faba-11	169	17	the	the	DET
faba-11	169	18	number	number	NOUN
faba-11	169	19	of	of	ADP
faba-11	169	20	shares	share	NOUN
faba-11	169	21	that	that	PRON
faba-11	169	22	changed	change	VERB
faba-11	169	23	hand	hand	NOUN
faba-11	169	24	during	during	ADP
faba-11	169	25	a	a	DET
faba-11	169	26	particular	particular	ADJ
faba-11	169	27	trading	trading	NOUN
faba-11	169	28	period	period	NOUN
faba-11	169	29	.	.	PUNCT
faba-11	170	1	this	this	DET
faba-11	170	2	definition	definition	NOUN
faba-11	170	3	of	of	ADP
faba-11	170	4	trading	trading	NOUN
faba-11	170	5	volume	volume	NOUN
faba-11	170	6	is	be	AUX
faba-11	170	7	following	follow	VERB
faba-11	170	8	chen	chen	PROPN
faba-11	170	9	,	,	PUNCT
faba-11	170	10	firth	firth	PROPN
faba-11	170	11	and	and	CCONJ
faba-11	170	12	rui	rui	PROPN
faba-11	170	13	(	(	PUNCT
faba-11	170	14	2001	2001	NUM
faba-11	170	15	)	)	PUNCT
faba-11	170	16	where	where	SCONJ
faba-11	170	17	volume	volume	NOUN
faba-11	170	18	is	be	AUX
faba-11	170	19	regarded	regard	VERB
faba-11	170	20	as	as	ADP
faba-11	170	21	a	a	DET
faba-11	170	22	measure	measure	NOUN
faba-11	170	23	of	of	ADP
faba-11	170	24	how	how	SCONJ
faba-11	170	25	much	much	ADJ
faba-11	170	26	of	of	ADP
faba-11	170	27	a	a	DET
faba-11	170	28	given	give	VERB
faba-11	170	29	financial	financial	ADJ
faba-11	170	30	asset	asset	NOUN
faba-11	170	31	(	(	PUNCT
faba-11	170	32	in	in	ADP
faba-11	170	33	this	this	DET
faba-11	170	34	case	case	NOUN
faba-11	170	35	;	;	PUNCT
faba-11	170	36	stocks	stock	NOUN
faba-11	170	37	)	)	PUNCT
faba-11	170	38	has	have	AUX
faba-11	170	39	been	be	AUX
faba-11	170	40	traded	trade	VERB
faba-11	170	41	in	in	ADP
faba-11	170	42	a	a	DET
faba-11	170	43	given	give	VERB
faba-11	170	44	period	period	NOUN
faba-11	170	45	of	of	ADP
faba-11	170	46	time	time	NOUN
faba-11	170	47	.	.	PUNCT
faba-11	171	1	in	in	ADP
faba-11	171	2	this	this	DET
faba-11	171	3	study	study	NOUN
faba-11	171	4	,	,	PUNCT
faba-11	171	5	trading	trading	NOUN
faba-11	171	6	volume	volume	NOUN
faba-11	171	7	be	be	AUX
faba-11	171	8	expressed	express	VERB
faba-11	171	9	in	in	ADP
faba-11	171	10	a	a	DET
faba-11	171	11	natural	natural	ADJ
faba-11	171	12	logarithm	logarithm	NOUN
faba-11	171	13	form	form	NOUN
faba-11	171	14	in	in	ADP
faba-11	171	15	order	order	NOUN
faba-11	171	16	to	to	PART
faba-11	171	17	ensure	ensure	VERB
faba-11	171	18	its	its	PRON
faba-11	171	19	stationarity	stationarity	NOUN
faba-11	171	20	.	.	PUNCT
faba-11	172	1	based	base	VERB
faba-11	172	2	on	on	ADP
faba-11	172	3	the	the	DET
faba-11	172	4	discussion	discussion	NOUN
faba-11	172	5	from	from	ADP
faba-11	172	6	the	the	DET
faba-11	172	7	literatures	literature	NOUN
faba-11	172	8	,	,	PUNCT
faba-11	172	9	these	these	DET
faba-11	172	10	following	follow	VERB
faba-11	172	11	hypotheses	hypothesis	NOUN
faba-11	172	12	are	be	AUX
faba-11	172	13	to	to	PART
faba-11	172	14	be	be	AUX
faba-11	172	15	tested	test	VERB
faba-11	172	16	:	:	PUNCT
faba-11	172	17	h1	h1	VERB
faba-11	172	18	:	:	PUNCT
faba-11	172	19	there	there	PRON
faba-11	172	20	is	be	VERB
faba-11	172	21	positive	positive	ADJ
faba-11	172	22	contemporaneous	contemporaneous	ADJ
faba-11	172	23	relationship	relationship	NOUN
faba-11	172	24	between	between	ADP
faba-11	172	25	trading	trading	NOUN
faba-11	172	26	volume	volume	NOUN
faba-11	172	27	and	and	CCONJ
faba-11	172	28	stock	stock	NOUN
faba-11	172	29	market	market	NOUN
faba-11	172	30	returns	return	NOUN
faba-11	172	31	in	in	ADP
faba-11	172	32	the	the	DET
faba-11	172	33	southeast	southeast	ADJ
faba-11	172	34	asian	asian	ADJ
faba-11	172	35	equity	equity	NOUN
faba-11	172	36	markets	market	NOUN
faba-11	172	37	.	.	PUNCT
faba-11	173	1	h2	h2	NOUN
faba-11	173	2	:	:	PUNCT
faba-11	173	3	there	there	PRON
faba-11	173	4	are	be	VERB
faba-11	173	5	causal	causal	ADJ
faba-11	173	6	relationships	relationship	NOUN
faba-11	173	7	between	between	ADP
faba-11	173	8	trading	trading	NOUN
faba-11	173	9	volume	volume	NOUN
faba-11	173	10	and	and	CCONJ
faba-11	173	11	stock	stock	NOUN
faba-11	173	12	market	market	NOUN
faba-11	173	13	returns	return	NOUN
faba-11	173	14	in	in	ADP
faba-11	173	15	the	the	DET
faba-11	173	16	southeast	southeast	ADJ
faba-11	173	17	asian	asian	ADJ
faba-11	173	18	equity	equity	NOUN
faba-11	173	19	markets	market	NOUN
faba-11	173	20	.	.	PUNCT
faba-11	174	1	h3	h3	NOUN
faba-11	174	2	:	:	PUNCT
faba-11	174	3	there	there	PRON
faba-11	174	4	is	be	VERB
faba-11	174	5	a	a	DET
faba-11	174	6	relationship	relationship	NOUN
faba-11	174	7	between	between	ADP
faba-11	174	8	trading	trading	NOUN
faba-11	174	9	volume	volume	NOUN
faba-11	174	10	and	and	CCONJ
faba-11	174	11	stock	stock	NOUN
faba-11	174	12	market	market	NOUN
faba-11	174	13	volatility	volatility	NOUN
faba-11	174	14	in	in	ADP
faba-11	174	15	the	the	DET
faba-11	174	16	southeast	southeast	ADJ
faba-11	174	17	asian	asian	PROPN
faba-11	174	18	equity	equity	NOUN
faba-11	174	19	trading	trading	NOUN
faba-11	174	20	volume	volume	NOUN
faba-11	174	21	stock	stock	NOUN
faba-11	174	22	returns	return	NOUN
faba-11	174	23	return	return	VERB
faba-11	174	24	volatility	volatility	NOUN
faba-11	174	25	trading	trading	NOUN
faba-11	174	26	volume	volume	NOUN
faba-11	174	27	in	in	ADP
faba-11	174	28	country	country	PROPN
faba-11	174	29	a	a	DET
faba-11	174	30	stock	stock	NOUN
faba-11	174	31	returns	return	NOUN
faba-11	174	32	in	in	ADP
faba-11	174	33	country	country	NOUN
faba-11	174	34	b	b	NOUN
faba-11	174	35	return	return	VERB
faba-11	174	36	volatility	volatility	NOUN
faba-11	174	37	in	in	ADP
faba-11	174	38	country	country	PROPN
faba-11	174	39	b	b	PROPN
faba-11	174	40	m.r	m.r	PROPN
faba-11	174	41	.	.	PROPN
faba-11	174	42	miseman	miseman	PROPN
faba-11	174	43	et	et	PROPN
faba-11	174	44	al	al	PROPN
faba-11	174	45	.	.	PUNCT
faba-11	174	46	/	/	SYM
faba-11	174	47	finance	finance	NOUN
faba-11	174	48	,	,	PUNCT
faba-11	174	49	accounting	accounting	NOUN
faba-11	174	50	and	and	CCONJ
faba-11	174	51	business	business	NOUN
faba-11	174	52	analisys	analisys	NOUN
faba-11	174	53	7	7	NUM
faba-11	174	54	markets	market	NOUN
faba-11	174	55	.	.	PUNCT
faba-11	175	1	h4	h4	NOUN
faba-11	175	2	:	:	PUNCT
faba-11	175	3	there	there	PRON
faba-11	175	4	are	be	VERB
faba-11	175	5	inter	inter	ADJ
faba-11	175	6	-	-	ADJ
faba-11	175	7	market	market	ADJ
faba-11	175	8	causality	causality	NOUN
faba-11	175	9	relationships	relationship	NOUN
faba-11	175	10	between	between	ADP
faba-11	175	11	trading	trading	NOUN
faba-11	175	12	volume	volume	NOUN
faba-11	175	13	and	and	CCONJ
faba-11	175	14	stock	stock	NOUN
faba-11	175	15	market	market	NOUN
faba-11	175	16	returns	return	NOUN
faba-11	175	17	among	among	ADP
faba-11	175	18	the	the	DET
faba-11	175	19	southeast	southeast	ADJ
faba-11	175	20	asian	asian	ADJ
faba-11	175	21	stock	stock	NOUN
faba-11	175	22	markets	market	NOUN
faba-11	175	23	.	.	PUNCT
faba-11	176	1	h5	h5	PROPN
faba-11	176	2	:	:	PUNCT
faba-11	176	3	there	there	PRON
faba-11	176	4	are	be	VERB
faba-11	176	5	inter	inter	ADJ
faba-11	176	6	-	-	ADJ
faba-11	176	7	market	market	ADJ
faba-11	176	8	causality	causality	NOUN
faba-11	176	9	relationships	relationship	NOUN
faba-11	176	10	between	between	ADP
faba-11	176	11	trading	trading	NOUN
faba-11	176	12	volume	volume	NOUN
faba-11	176	13	and	and	CCONJ
faba-11	176	14	stock	stock	NOUN
faba-11	176	15	market	market	NOUN
faba-11	176	16	volatility	volatility	NOUN
faba-11	176	17	among	among	ADP
faba-11	176	18	the	the	DET
faba-11	176	19	southeast	southeast	ADJ
faba-11	176	20	asian	asian	ADJ
faba-11	176	21	stock	stock	NOUN
faba-11	176	22	markets	market	NOUN
faba-11	176	23	.	.	PUNCT
faba-11	177	1	data	datum	NOUN
faba-11	177	2	collection	collection	NOUN
faba-11	177	3	methods	method	NOUN
faba-11	177	4	in	in	ADP
faba-11	177	5	a	a	DET
faba-11	177	6	research	research	NOUN
faba-11	177	7	involving	involve	VERB
faba-11	177	8	stock	stock	NOUN
faba-11	177	9	market	market	NOUN
faba-11	177	10	performance	performance	NOUN
faba-11	177	11	,	,	PUNCT
faba-11	177	12	profitability	profitability	NOUN
faba-11	177	13	,	,	PUNCT
faba-11	177	14	volatility	volatility	NOUN
faba-11	177	15	and	and	CCONJ
faba-11	177	16	such	such	ADJ
faba-11	177	17	,	,	PUNCT
faba-11	177	18	previous	previous	ADJ
faba-11	177	19	researchers	researcher	NOUN
faba-11	177	20	have	have	AUX
faba-11	177	21	stressed	stress	VERB
faba-11	177	22	on	on	ADP
faba-11	177	23	the	the	DET
faba-11	177	24	importance	importance	NOUN
faba-11	177	25	of	of	ADP
faba-11	177	26	using	use	VERB
faba-11	177	27	the	the	DET
faba-11	177	28	highest	high	ADJ
faba-11	177	29	-	-	PUNCT
faba-11	177	30	frequency	frequency	NOUN
faba-11	177	31	data	datum	NOUN
faba-11	177	32	as	as	ADP
faba-11	177	33	possible	possible	ADJ
faba-11	177	34	.	.	PUNCT
faba-11	178	1	it	it	PRON
faba-11	178	2	is	be	AUX
faba-11	178	3	because	because	SCONJ
faba-11	178	4	the	the	DET
faba-11	178	5	stock	stock	NOUN
faba-11	178	6	market	market	NOUN
faba-11	178	7	often	often	ADV
faba-11	178	8	shows	show	VERB
faba-11	178	9	high	high	ADJ
faba-11	178	10	volatility	volatility	NOUN
faba-11	178	11	that	that	PRON
faba-11	178	12	can	can	AUX
faba-11	178	13	be	be	AUX
faba-11	178	14	best	well	ADV
faba-11	178	15	captured	capture	VERB
faba-11	178	16	by	by	ADP
faba-11	178	17	the	the	DET
faba-11	178	18	use	use	NOUN
faba-11	178	19	of	of	ADP
faba-11	178	20	intraday	intraday	NOUN
faba-11	178	21	or	or	CCONJ
faba-11	178	22	daily	daily	ADJ
faba-11	178	23	data	datum	NOUN
faba-11	178	24	.	.	PUNCT
faba-11	179	1	hence	hence	ADV
faba-11	179	2	,	,	PUNCT
faba-11	179	3	this	this	DET
faba-11	179	4	study	study	NOUN
faba-11	179	5	will	will	AUX
faba-11	179	6	employ	employ	VERB
faba-11	179	7	daily	daily	ADJ
faba-11	179	8	time	time	NOUN
faba-11	179	9	-	-	PUNCT
faba-11	179	10	series	series	NOUN
faba-11	179	11	data	datum	NOUN
faba-11	179	12	on	on	ADP
faba-11	179	13	stock	stock	NOUN
faba-11	179	14	index	index	NOUN
faba-11	179	15	prices	price	NOUN
faba-11	179	16	and	and	CCONJ
faba-11	179	17	trading	trading	NOUN
faba-11	179	18	volume	volume	NOUN
faba-11	179	19	from	from	ADP
faba-11	179	20	the	the	DET
faba-11	179	21	three	three	NUM
faba-11	179	22	southeast	southeast	ADJ
faba-11	179	23	asian	asian	ADJ
faba-11	179	24	stock	stock	NOUN
faba-11	179	25	markets	market	NOUN
faba-11	179	26	(	(	PUNCT
faba-11	179	27	malaysia	malaysia	PROPN
faba-11	179	28	,	,	PUNCT
faba-11	179	29	indonesia	indonesia	PROPN
faba-11	179	30	and	and	CCONJ
faba-11	179	31	singapore	singapore	PROPN
faba-11	179	32	)	)	PUNCT
faba-11	179	33	.	.	PUNCT
faba-11	180	1	each	each	DET
faba-11	180	2	country	country	NOUN
faba-11	180	3	is	be	AUX
faba-11	180	4	represented	represent	VERB
faba-11	180	5	by	by	ADP
faba-11	180	6	only	only	ADV
faba-11	180	7	one	one	NUM
faba-11	180	8	broad	broad	ADV
faba-11	180	9	-	-	PUNCT
faba-11	180	10	based	base	VERB
faba-11	180	11	index	index	NOUN
faba-11	180	12	,	,	PUNCT
faba-11	180	13	which	which	PRON
faba-11	180	14	captures	capture	VERB
faba-11	180	15	the	the	DET
faba-11	180	16	overall	overall	ADJ
faba-11	180	17	performance	performance	NOUN
faba-11	180	18	of	of	ADP
faba-11	180	19	the	the	DET
faba-11	180	20	stocks	stock	NOUN
faba-11	180	21	listed	list	VERB
faba-11	180	22	in	in	ADP
faba-11	180	23	them	they	PRON
faba-11	180	24	.	.	PUNCT
faba-11	181	1	the	the	DET
faba-11	181	2	indices	index	NOUN
faba-11	181	3	are	be	AUX
faba-11	181	4	ftse	ftse	NOUN
faba-11	181	5	-	-	PUNCT
faba-11	181	6	bursa	bursa	ADJ
faba-11	181	7	malaysia	malaysia	PROPN
faba-11	181	8	kuala	kuala	PROPN
faba-11	181	9	lumpur	lumpur	PROPN
faba-11	181	10	composite	composite	PROPN
faba-11	181	11	index	index	NOUN
faba-11	181	12	(	(	PUNCT
faba-11	181	13	klci	klci	NOUN
faba-11	181	14	)	)	PUNCT
faba-11	181	15	for	for	ADP
faba-11	181	16	malaysia	malaysia	PROPN
faba-11	181	17	,	,	PUNCT
faba-11	181	18	the	the	DET
faba-11	181	19	ftse	ftse	PROPN
faba-11	181	20	straits	strait	NOUN
faba-11	181	21	times	times	PROPN
faba-11	181	22	index	index	PROPN
faba-11	181	23	(	(	PUNCT
faba-11	181	24	sti	sti	PROPN
faba-11	181	25	)	)	PUNCT
faba-11	181	26	for	for	ADP
faba-11	181	27	singapore	singapore	PROPN
faba-11	181	28	and	and	CCONJ
faba-11	181	29	the	the	DET
faba-11	181	30	jakarta	jakarta	PROPN
faba-11	181	31	stock	stock	PROPN
faba-11	181	32	exchange	exchange	PROPN
faba-11	181	33	composite	composite	ADJ
faba-11	181	34	index	index	NOUN
faba-11	181	35	(	(	PUNCT
faba-11	181	36	jci	jci	PROPN
faba-11	181	37	)	)	PUNCT
faba-11	181	38	for	for	ADP
faba-11	181	39	indonesia	indonesia	PROPN
faba-11	181	40	.	.	PUNCT
faba-11	182	1	all	all	DET
faba-11	182	2	three	three	NUM
faba-11	182	3	indices	index	NOUN
faba-11	182	4	are	be	AUX
faba-11	182	5	broad	broad	ADV
faba-11	182	6	-	-	PUNCT
faba-11	182	7	based	base	VERB
faba-11	182	8	market	market	NOUN
faba-11	182	9	capitalization	capitalization	NOUN
faba-11	182	10	weighted	weight	VERB
faba-11	182	11	index	index	NOUN
faba-11	182	12	of	of	ADP
faba-11	182	13	a	a	DET
faba-11	182	14	specified	specified	ADJ
faba-11	182	15	number	number	NOUN
faba-11	182	16	of	of	ADP
faba-11	182	17	constituent	constituent	NOUN
faba-11	182	18	stocks	stock	NOUN
faba-11	182	19	designed	design	VERB
faba-11	182	20	to	to	PART
faba-11	182	21	measure	measure	VERB
faba-11	182	22	the	the	DET
faba-11	182	23	overall	overall	ADJ
faba-11	182	24	performance	performance	NOUN
faba-11	182	25	of	of	ADP
faba-11	182	26	the	the	DET
faba-11	182	27	respective	respective	ADJ
faba-11	182	28	stock	stock	NOUN
faba-11	182	29	exchanges	exchange	NOUN
faba-11	182	30	.	.	PUNCT
faba-11	183	1	this	this	DET
faba-11	183	2	study	study	NOUN
faba-11	183	3	requires	require	VERB
faba-11	183	4	raw	raw	ADJ
faba-11	183	5	data	datum	NOUN
faba-11	183	6	on	on	ADP
faba-11	183	7	the	the	DET
faba-11	183	8	daily	daily	ADJ
faba-11	183	9	closing	closing	NOUN
faba-11	183	10	prices	price	NOUN
faba-11	183	11	and	and	CCONJ
faba-11	183	12	trading	trading	NOUN
faba-11	183	13	volume	volume	NOUN
faba-11	183	14	for	for	ADP
faba-11	183	15	the	the	DET
faba-11	183	16	respective	respective	ADJ
faba-11	183	17	stock	stock	NOUN
faba-11	183	18	indices	index	NOUN
faba-11	183	19	.	.	PUNCT
faba-11	184	1	the	the	DET
faba-11	184	2	necessary	necessary	ADJ
faba-11	184	3	datasets	dataset	NOUN
faba-11	184	4	are	be	AUX
faba-11	184	5	sourced	source	VERB
faba-11	184	6	from	from	ADP
faba-11	184	7	datastream	datastream	ADJ
faba-11	184	8	database	database	NOUN
faba-11	184	9	and	and	CCONJ
faba-11	184	10	cross	cros	VERB
faba-11	184	11	-	-	VERB
faba-11	184	12	compared	compare	VERB
faba-11	184	13	or	or	CCONJ
faba-11	184	14	verified	verify	VERB
faba-11	184	15	using	use	VERB
faba-11	184	16	data	datum	NOUN
faba-11	184	17	coming	come	VERB
faba-11	184	18	from	from	ADP
faba-11	184	19	yahoo	yahoo	PROPN
faba-11	184	20	finance	finance	NOUN
faba-11	184	21	website	website	NOUN
faba-11	184	22	.	.	PUNCT
faba-11	185	1	the	the	DET
faba-11	185	2	period	period	NOUN
faba-11	185	3	extends	extend	VERB
faba-11	185	4	from	from	ADP
faba-11	185	5	january	january	PROPN
faba-11	185	6	2000	2000	NUM
faba-11	185	7	until	until	ADP
faba-11	185	8	the	the	DET
faba-11	185	9	end	end	NOUN
faba-11	185	10	of	of	ADP
faba-11	185	11	december	december	PROPN
faba-11	185	12	2014	2014	NUM
faba-11	185	13	,	,	PUNCT
faba-11	185	14	totaling	total	VERB
faba-11	185	15	of	of	ADP
faba-11	185	16	15	15	NUM
faba-11	185	17	years	year	NOUN
faba-11	185	18	and	and	CCONJ
faba-11	185	19	span	span	VERB
faba-11	185	20	over	over	ADP
faba-11	185	21	approximately	approximately	ADV
faba-11	185	22	3,600	3,600	NUM
faba-11	185	23	observations	observation	NOUN
faba-11	185	24	per	per	ADP
faba-11	185	25	country	country	NOUN
faba-11	185	26	.	.	PUNCT
faba-11	186	1	for	for	ADP
faba-11	186	2	the	the	DET
faba-11	186	3	purpose	purpose	NOUN
faba-11	186	4	of	of	ADP
faba-11	186	5	cross	cross	ADJ
faba-11	186	6	-	-	ADJ
faba-11	186	7	country	country	ADJ
faba-11	186	8	analysis	analysis	NOUN
faba-11	186	9	,	,	PUNCT
faba-11	186	10	the	the	DET
faba-11	186	11	data	data	NOUN
faba-11	186	12	is	be	AUX
faba-11	186	13	initially	initially	ADV
faba-11	186	14	screened	screen	VERB
faba-11	186	15	where	where	SCONJ
faba-11	186	16	figures	figure	NOUN
faba-11	186	17	on	on	ADP
faba-11	186	18	dates	date	NOUN
faba-11	186	19	that	that	PRON
faba-11	186	20	are	be	AUX
faba-11	186	21	not	not	PART
faba-11	186	22	matched	match	VERB
faba-11	186	23	by	by	ADP
faba-11	186	24	both	both	DET
faba-11	186	25	markets	market	NOUN
faba-11	186	26	in	in	ADP
faba-11	186	27	comparison	comparison	NOUN
faba-11	186	28	will	will	AUX
faba-11	186	29	be	be	AUX
faba-11	186	30	eliminated	eliminate	VERB
faba-11	186	31	.	.	PUNCT
faba-11	187	1	the	the	DET
faba-11	187	2	data	datum	NOUN
faba-11	187	3	had	have	AUX
faba-11	187	4	undergone	undergo	VERB
faba-11	187	5	a	a	DET
faba-11	187	6	series	series	NOUN
faba-11	187	7	of	of	ADP
faba-11	187	8	tests	test	NOUN
faba-11	187	9	.	.	PUNCT
faba-11	188	1	initially	initially	ADV
faba-11	188	2	,	,	PUNCT
faba-11	188	3	some	some	DET
faba-11	188	4	preliminary	preliminary	ADJ
faba-11	188	5	steps	step	NOUN
faba-11	188	6	are	be	AUX
faba-11	188	7	taken	take	VERB
faba-11	188	8	onto	onto	ADP
faba-11	188	9	the	the	DET
faba-11	188	10	data	datum	NOUN
faba-11	188	11	to	to	PART
faba-11	188	12	test	test	VERB
faba-11	188	13	for	for	ADP
faba-11	188	14	optimum	optimum	ADJ
faba-11	188	15	parameters	parameter	NOUN
faba-11	188	16	or	or	CCONJ
faba-11	188	17	fitness	fitness	NOUN
faba-11	188	18	of	of	ADP
faba-11	188	19	the	the	DET
faba-11	188	20	data	datum	NOUN
faba-11	188	21	.	.	PUNCT
faba-11	189	1	the	the	DET
faba-11	189	2	steps	step	NOUN
faba-11	189	3	are	be	AUX
faba-11	189	4	as	as	SCONJ
faba-11	189	5	follows	follow	VERB
faba-11	189	6	:	:	PUNCT
faba-11	189	7	trend	trend	NOUN
faba-11	189	8	and	and	CCONJ
faba-11	189	9	unit	unit	NOUN
faba-11	189	10	root	root	NOUN
faba-11	189	11	tests	test	VERB
faba-11	189	12	previous	previous	ADJ
faba-11	189	13	studies	study	NOUN
faba-11	189	14	such	such	ADJ
faba-11	189	15	as	as	ADP
faba-11	189	16	chen	chen	PROPN
faba-11	189	17	et	et	PROPN
faba-11	189	18	al	al	PROPN
faba-11	189	19	.	.	PROPN
faba-11	190	1	(	(	PUNCT
faba-11	190	2	2001	2001	NUM
faba-11	190	3	)	)	PUNCT
faba-11	190	4	document	document	NOUN
faba-11	190	5	evidence	evidence	NOUN
faba-11	190	6	of	of	ADP
faba-11	190	7	both	both	CCONJ
faba-11	190	8	linear	linear	ADJ
faba-11	190	9	and	and	CCONJ
faba-11	190	10	non	non	ADJ
faba-11	190	11	-	-	ADJ
faba-11	190	12	linear	linear	ADJ
faba-11	190	13	trends	trend	NOUN
faba-11	190	14	in	in	ADP
faba-11	190	15	time	time	NOUN
faba-11	190	16	series	series	NOUN
faba-11	190	17	of	of	ADP
faba-11	190	18	trading	trading	NOUN
faba-11	190	19	volume	volume	NOUN
faba-11	190	20	information	information	NOUN
faba-11	190	21	.	.	PUNCT
faba-11	191	1	the	the	DET
faba-11	191	2	granger	granger	PROPN
faba-11	191	3	causality	causality	PROPN
faba-11	191	4	test	test	NOUN
faba-11	191	5	that	that	PRON
faba-11	191	6	are	be	AUX
faba-11	191	7	employed	employ	VERB
faba-11	191	8	in	in	ADP
faba-11	191	9	this	this	DET
faba-11	191	10	study	study	NOUN
faba-11	191	11	assumes	assume	VERB
faba-11	191	12	that	that	SCONJ
faba-11	191	13	the	the	DET
faba-11	191	14	variables	variable	NOUN
faba-11	191	15	are	be	AUX
faba-11	191	16	stationary	stationary	ADJ
faba-11	191	17	.	.	PUNCT
faba-11	192	1	therefore	therefore	ADV
faba-11	192	2	,	,	PUNCT
faba-11	192	3	it	it	PRON
faba-11	192	4	is	be	AUX
faba-11	192	5	important	important	ADJ
faba-11	192	6	to	to	PART
faba-11	192	7	test	test	VERB
faba-11	192	8	for	for	ADP
faba-11	192	9	stationarity	stationarity	NOUN
faba-11	192	10	of	of	ADP
faba-11	192	11	the	the	DET
faba-11	192	12	stock	stock	NOUN
faba-11	192	13	return	return	NOUN
faba-11	192	14	and	and	CCONJ
faba-11	192	15	volume	volume	NOUN
faba-11	192	16	data	datum	NOUN
faba-11	192	17	.	.	PUNCT
faba-11	193	1	following	follow	VERB
faba-11	193	2	lee	lee	PROPN
faba-11	193	3	and	and	CCONJ
faba-11	193	4	rui	rui	PROPN
faba-11	193	5	(	(	PUNCT
faba-11	193	6	2002	2002	NUM
faba-11	193	7	)	)	PUNCT
faba-11	193	8	,	,	PUNCT
faba-11	193	9	the	the	DET
faba-11	193	10	researcher	researcher	NOUN
faba-11	193	11	examined	examine	VERB
faba-11	193	12	the	the	DET
faba-11	193	13	linear	linear	ADJ
faba-11	193	14	and	and	CCONJ
faba-11	193	15	non	non	ADJ
faba-11	193	16	-	-	ADJ
faba-11	193	17	linear	linear	ADJ
faba-11	193	18	time	time	NOUN
faba-11	193	19	trend	trend	NOUN
faba-11	193	20	in	in	ADP
faba-11	193	21	trading	trading	NOUN
faba-11	193	22	volume	volume	NOUN
faba-11	193	23	by	by	ADP
faba-11	193	24	estimating	estimate	VERB
faba-11	193	25	the	the	DET
faba-11	193	26	following	follow	VERB
faba-11	193	27	regression	regression	NOUN
faba-11	193	28	:	:	PUNCT
faba-11	193	29	vt	vt	PROPN
faba-11	193	30	=	=	PUNCT
faba-11	193	31	α	α	PROPN
faba-11	194	1	+	+	X
faba-11	194	2	βt	βt	VERB
faba-11	194	3	+	+	NUM
faba-11	194	4	χt2	χt2	NOUN
faba-11	194	5	+	+	X
faba-11	194	6	ɛt	ɛt	PROPN
faba-11	194	7	(	(	PUNCT
faba-11	194	8	1	1	NUM
faba-11	194	9	)	)	PUNCT
faba-11	194	10	where	where	SCONJ
faba-11	194	11	,	,	PUNCT
faba-11	194	12	vt	vt	PROPN
faba-11	194	13	is	be	AUX
faba-11	194	14	the	the	DET
faba-11	194	15	raw	raw	ADJ
faba-11	194	16	trading	trading	NOUN
faba-11	194	17	volume	volume	NOUN
faba-11	194	18	data	datum	NOUN
faba-11	194	19	while	while	SCONJ
faba-11	194	20	t	t	PROPN
faba-11	194	21	and	and	CCONJ
faba-11	194	22	t2	t2	PROPN
faba-11	194	23	,	,	PUNCT
faba-11	194	24	respectively	respectively	ADV
faba-11	194	25	are	be	AUX
faba-11	194	26	linear	linear	ADJ
faba-11	194	27	and	and	CCONJ
faba-11	194	28	quadratic	quadratic	ADJ
faba-11	194	29	time	time	NOUN
faba-11	194	30	trends	trend	NOUN
faba-11	194	31	.	.	PUNCT
faba-11	195	1	to	to	PART
faba-11	195	2	test	test	VERB
faba-11	195	3	for	for	ADP
faba-11	195	4	a	a	DET
faba-11	195	5	unit	unit	NOUN
faba-11	195	6	root	root	NOUN
faba-11	195	7	(	(	PUNCT
faba-11	195	8	or	or	CCONJ
faba-11	195	9	the	the	DET
faba-11	195	10	difference	difference	NOUN
faba-11	195	11	stationarity	stationarity	NOUN
faba-11	195	12	process	process	NOUN
faba-11	195	13	)	)	PUNCT
faba-11	195	14	,	,	PUNCT
faba-11	195	15	the	the	DET
faba-11	195	16	researcher	researcher	NOUN
faba-11	195	17	had	have	AUX
faba-11	195	18	employed	employ	VERB
faba-11	195	19	both	both	CCONJ
faba-11	195	20	augmented	augment	VERB
faba-11	195	21	dickey	dickey	NOUN
faba-11	195	22	-	-	PUNCT
faba-11	195	23	fuller	full	ADJ
faba-11	195	24	(	(	PUNCT
faba-11	195	25	adf	adf	NOUN
faba-11	195	26	)	)	PUNCT
faba-11	195	27	test	test	NOUN
faba-11	195	28	proposed	propose	VERB
faba-11	195	29	by	by	ADP
faba-11	195	30	dickey	dickey	PROPN
faba-11	195	31	and	and	CCONJ
faba-11	195	32	fuller	full	ADJ
faba-11	195	33	(	(	PUNCT
faba-11	195	34	1979	1979	NUM
faba-11	195	35	)	)	PUNCT
faba-11	195	36	and	and	CCONJ
faba-11	195	37	the	the	DET
faba-11	195	38	phillip	phillip	PROPN
faba-11	195	39	-	-	PUNCT
faba-11	195	40	perron	perron	PROPN
faba-11	195	41	(	(	PUNCT
faba-11	195	42	pp	pp	ADJ
faba-11	195	43	)	)	PUNCT
faba-11	195	44	test	test	NOUN
faba-11	195	45	proposed	propose	VERB
faba-11	195	46	by	by	ADP
faba-11	195	47	phillip	phillip	PROPN
faba-11	195	48	and	and	CCONJ
faba-11	195	49	perron	perron	PROPN
faba-11	195	50	(	(	PUNCT
faba-11	195	51	1988	1988	NUM
faba-11	195	52	)	)	PUNCT
faba-11	195	53	.	.	PUNCT
faba-11	196	1	the	the	DET
faba-11	196	2	tests	test	NOUN
faba-11	196	3	are	be	AUX
faba-11	196	4	undertaken	undertake	VERB
faba-11	196	5	onto	onto	ADP
faba-11	196	6	both	both	DET
faba-11	196	7	the	the	DET
faba-11	196	8	returns	return	NOUN
faba-11	196	9	and	and	CCONJ
faba-11	196	10	the	the	DET
faba-11	196	11	detrended	detrende	VERB
faba-11	196	12	trading	trading	NOUN
faba-11	196	13	volume	volume	NOUN
faba-11	196	14	data	datum	NOUN
faba-11	196	15	.	.	PUNCT
faba-11	197	1	the	the	DET
faba-11	197	2	model	model	NOUN
faba-11	197	3	estimation	estimation	NOUN
faba-11	197	4	is	be	AUX
faba-11	197	5	as	as	SCONJ
faba-11	197	6	follows	follow	VERB
faba-11	197	7	:	:	PUNCT
faba-11	197	8	a	a	X
faba-11	197	9	)	)	PUNCT
faba-11	197	10	augmented	augment	VERB
faba-11	197	11	dickey	dickey	PROPN
faba-11	197	12	-	-	PUNCT
faba-11	197	13	fuller	full	ADJ
faba-11	197	14	regression	regression	NOUN
faba-11	197	15	∆xt	∆xt	PROPN
faba-11	197	16	=	=	SYM
faba-11	198	1	ρ0	ρ0	PROPN
faba-11	198	2	+	+	CCONJ
faba-11	198	3	ρxt-1	ρxt-1	PUNCT
faba-11	198	4	+	+	ADJ
faba-11	198	5	∑	∑	PROPN
faba-11	198	6	𝛿	𝛿	PROPN
faba-11	198	7	∆𝑥𝑡−1	∆𝑥𝑡−1	ADJ
faba-11	198	8	𝑛	𝑛	ADP
faba-11	198	9	𝑖−1	𝑖−1	PROPN
faba-11	198	10	(	(	PUNCT
faba-11	198	11	2	2	NUM
faba-11	198	12	)	)	SYM
faba-11	198	13	b	b	NOUN
faba-11	198	14	)	)	PUNCT
faba-11	198	15	phillip	phillip	NOUN
faba-11	198	16	-	-	PUNCT
faba-11	198	17	perron	perron	PROPN
faba-11	198	18	regression	regression	NOUN
faba-11	198	19	xt	xt	PUNCT
faba-11	199	1	=	=	SYM
faba-11	199	2	α0	α0	ADJ
faba-11	199	3	+	+	CCONJ
faba-11	199	4	αxt-1	αxt-1	NUM
faba-11	199	5	+	+	ADJ
faba-11	199	6	µt	µt	X
faba-11	199	7	(	(	PUNCT
faba-11	199	8	3	3	X
faba-11	199	9	)	)	PUNCT
faba-11	199	10	the	the	DET
faba-11	199	11	differences	difference	NOUN
faba-11	199	12	between	between	ADP
faba-11	199	13	the	the	DET
faba-11	199	14	two	two	NUM
faba-11	199	15	unit	unit	NOUN
faba-11	199	16	root	root	NOUN
faba-11	199	17	tests	test	NOUN
faba-11	199	18	are	be	AUX
faba-11	199	19	in	in	ADP
faba-11	199	20	terms	term	NOUN
faba-11	199	21	of	of	ADP
faba-11	199	22	their	their	PRON
faba-11	199	23	treatment	treatment	NOUN
faba-11	199	24	of	of	ADP
faba-11	199	25	any	any	DET
faba-11	199	26	“	"	PUNCT
faba-11	199	27	nuisance	nuisance	ADJ
faba-11	199	28	”	"	PUNCT
faba-11	199	29	serial	serial	ADJ
faba-11	199	30	correlation	correlation	NOUN
faba-11	199	31	.	.	PUNCT
faba-11	200	1	the	the	DET
faba-11	200	2	pp	pp	PROPN
faba-11	200	3	test	test	NOUN
faba-11	200	4	tends	tend	VERB
faba-11	200	5	to	to	PART
faba-11	200	6	be	be	AUX
faba-11	200	7	more	more	ADV
faba-11	200	8	robust	robust	ADJ
faba-11	200	9	to	to	ADP
faba-11	200	10	a	a	DET
faba-11	200	11	wide	wide	ADJ
faba-11	200	12	range	range	NOUN
faba-11	200	13	of	of	ADP
faba-11	200	14	serial	serial	ADJ
faba-11	200	15	correlation	correlation	NOUN
faba-11	200	16	and	and	CCONJ
faba-11	200	17	time	time	NOUN
faba-11	200	18	-	-	PUNCT
faba-11	200	19	dependent	dependent	ADJ
faba-11	200	20	heteroskedasticity	heteroskedasticity	NOUN
faba-11	200	21	,	,	PUNCT
faba-11	200	22	thus	thus	ADV
faba-11	200	23	is	be	AUX
faba-11	200	24	employed	employ	VERB
faba-11	200	25	for	for	ADP
faba-11	200	26	robustness	robustness	NOUN
faba-11	200	27	check	check	NOUN
faba-11	200	28	.	.	PUNCT
faba-11	201	1	in	in	ADP
faba-11	201	2	these	these	DET
faba-11	201	3	tests	test	NOUN
faba-11	201	4	,	,	PUNCT
faba-11	201	5	the	the	DET
faba-11	201	6	null	null	ADJ
faba-11	201	7	hypotheses	hypothesis	NOUN
faba-11	201	8	stating	state	VERB
faba-11	201	9	that	that	SCONJ
faba-11	201	10	the	the	DET
faba-11	201	11	series	series	NOUN
faba-11	201	12	are	be	AUX
faba-11	201	13	nonstationary	nonstationary	ADJ
faba-11	201	14	:	:	PUNCT
faba-11	201	15	ρ	ρ	PROPN
faba-11	201	16	=	=	SYM
faba-11	201	17	0	0	NUM
faba-11	201	18	and	and	CCONJ
faba-11	201	19	α	α	NOUN
faba-11	201	20	=	=	SYM
faba-11	201	21	1	1	NUM
faba-11	201	22	,	,	PUNCT
faba-11	201	23	is	be	AUX
faba-11	201	24	interpreted	interpret	VERB
faba-11	201	25	based	base	VERB
faba-11	201	26	on	on	ADP
faba-11	201	27	the	the	DET
faba-11	201	28	reading	reading	NOUN
faba-11	201	29	on	on	ADP
faba-11	201	30	t	t	PROPN
faba-11	201	31	-	-	PUNCT
faba-11	201	32	statistics	statistic	NOUN
faba-11	201	33	.	.	PUNCT
faba-11	202	1	contemporaneous	contemporaneous	ADJ
faba-11	202	2	volume	volume	NOUN
faba-11	202	3	–	–	PUNCT
faba-11	202	4	return	return	VERB
faba-11	202	5	relationships	relationship	NOUN
faba-11	202	6	the	the	DET
faba-11	202	7	tests	test	NOUN
faba-11	202	8	underlined	underline	VERB
faba-11	202	9	in	in	ADP
faba-11	202	10	this	this	DET
faba-11	202	11	section	section	NOUN
faba-11	202	12	are	be	AUX
faba-11	202	13	dedicated	dedicate	VERB
faba-11	202	14	to	to	PART
faba-11	202	15	examine	examine	VERB
faba-11	202	16	the	the	DET
faba-11	202	17	first	first	ADJ
faba-11	202	18	hypothesis	hypothesis	NOUN
faba-11	202	19	of	of	ADP
faba-11	202	20	a	a	DET
faba-11	202	21	positive	positive	ADJ
faba-11	202	22	contemporaneous	contemporaneous	ADJ
faba-11	202	23	relationship	relationship	NOUN
faba-11	202	24	between	between	ADP
faba-11	202	25	trading	trading	NOUN
faba-11	202	26	volume	volume	NOUN
faba-11	202	27	and	and	CCONJ
faba-11	202	28	stock	stock	NOUN
faba-11	202	29	returns	return	NOUN
faba-11	202	30	.	.	PUNCT
faba-11	203	1	in	in	ADP
faba-11	203	2	the	the	DET
faba-11	203	3	past	past	NOUN
faba-11	203	4	,	,	PUNCT
faba-11	203	5	many	many	ADJ
faba-11	203	6	researchers	researcher	NOUN
faba-11	203	7	employed	employ	VERB
faba-11	203	8	various	various	ADJ
faba-11	203	9	techniques	technique	NOUN
faba-11	203	10	to	to	PART
faba-11	203	11	test	test	VERB
faba-11	203	12	such	such	ADJ
faba-11	203	13	relationships	relationship	NOUN
faba-11	203	14	.	.	PUNCT
faba-11	204	1	following	follow	VERB
faba-11	204	2	lee	lee	PROPN
faba-11	204	3	and	and	CCONJ
faba-11	204	4	rui	rui	PROPN
faba-11	204	5	(	(	PUNCT
faba-11	204	6	2002	2002	NUM
faba-11	204	7	)	)	PUNCT
faba-11	204	8	,	,	PUNCT
faba-11	204	9	the	the	DET
faba-11	204	10	relationships	relationship	NOUN
faba-11	204	11	are	be	AUX
faba-11	204	12	tested	test	VERB
faba-11	204	13	using	use	VERB
faba-11	204	14	an	an	DET
faba-11	204	15	instrumental	instrumental	ADJ
faba-11	204	16	variable	variable	ADJ
faba-11	204	17	estimator	estimator	NOUN
faba-11	204	18	as	as	ADP
faba-11	204	19	a	a	DET
faba-11	204	20	newey	newey	PROPN
faba-11	204	21	-	-	PUNCT
faba-11	204	22	west	west	PROPN
faba-11	204	23	regression	regression	PROPN
faba-11	204	24	estimator	estimator	NOUN
faba-11	204	25	to	to	PART
faba-11	204	26	avoid	avoid	VERB
faba-11	204	27	problem	problem	NOUN
faba-11	204	28	of	of	ADP
faba-11	204	29	simultaneity	simultaneity	NOUN
faba-11	204	30	bias	bias	NOUN
faba-11	204	31	.	.	PUNCT
faba-11	205	1	another	another	DET
faba-11	205	2	advantage	advantage	NOUN
faba-11	205	3	of	of	ADP
faba-11	205	4	the	the	DET
faba-11	205	5	technique	technique	NOUN
faba-11	205	6	is	be	AUX
faba-11	205	7	that	that	SCONJ
faba-11	205	8	it	it	PRON
faba-11	205	9	produces	produce	VERB
faba-11	205	10	heteroskedasticity	heteroskedasticity	NOUN
faba-11	205	11	-	-	PUNCT
faba-11	205	12	consistent	consistent	ADJ
faba-11	205	13	estimates	estimate	NOUN
faba-11	205	14	by	by	ADP
faba-11	205	15	correcting	correct	VERB
faba-11	205	16	the	the	DET
faba-11	205	17	covariance	covariance	NOUN
faba-11	205	18	matrix	matrix	NOUN
faba-11	205	19	of	of	ADP
faba-11	205	20	the	the	DET
faba-11	205	21	consistent	consistent	ADJ
faba-11	205	22	instrumental	instrumental	ADJ
faba-11	205	23	estimator	estimator	NOUN
faba-11	205	24	.	.	PUNCT
faba-11	206	1	in	in	ADP
faba-11	206	2	addition	addition	NOUN
faba-11	206	3	to	to	ADP
faba-11	206	4	the	the	DET
faba-11	206	5	newey	newey	PROPN
faba-11	206	6	-	-	PUNCT
faba-11	206	7	west	west	PROPN
faba-11	206	8	regression	regression	PROPN
faba-11	206	9	model	model	NOUN
faba-11	206	10	,	,	PUNCT
faba-11	206	11	a	a	DET
faba-11	206	12	garch	garch	NOUN
faba-11	206	13	model	model	NOUN
faba-11	206	14	is	be	AUX
faba-11	206	15	incorporated	incorporate	VERB
faba-11	206	16	to	to	PART
faba-11	206	17	include	include	VERB
faba-11	206	18	heteroskedasticity	heteroskedasticity	NOUN
faba-11	206	19	and	and	CCONJ
faba-11	206	20	can	can	AUX
faba-11	206	21	be	be	AUX
faba-11	206	22	extended	extend	VERB
faba-11	206	23	to	to	PART
faba-11	206	24	include	include	VERB
faba-11	206	25	other	other	ADJ
faba-11	206	26	effects	effect	NOUN
faba-11	206	27	on	on	ADP
faba-11	206	28	conditional	conditional	ADJ
faba-11	206	29	variances	variance	NOUN
faba-11	206	30	.	.	PUNCT
faba-11	207	1	this	this	DET
faba-11	207	2	model	model	NOUN
faba-11	207	3	offers	offer	VERB
faba-11	207	4	considerable	considerable	ADJ
faba-11	207	5	flexibility	flexibility	NOUN
faba-11	207	6	in	in	ADP
faba-11	207	7	robust	robust	ADJ
faba-11	207	8	modeling	modeling	NOUN
faba-11	207	9	of	of	ADP
faba-11	207	10	stock	stock	NOUN
faba-11	207	11	returns	return	NOUN
faba-11	207	12	,	,	PUNCT
faba-11	207	13	which	which	PRON
faba-11	207	14	is	be	AUX
faba-11	207	15	done	do	VERB
faba-11	207	16	upon	upon	SCONJ
faba-11	207	17	obtaining	obtain	VERB
faba-11	207	18	positive	positive	ADJ
faba-11	207	19	contemporaneous	contemporaneous	ADJ
faba-11	207	20	results	result	NOUN
faba-11	207	21	between	between	ADP
faba-11	207	22	trading	trading	NOUN
faba-11	207	23	volume	volume	NOUN
faba-11	207	24	and	and	CCONJ
faba-11	207	25	stock	stock	NOUN
faba-11	207	26	returns	return	NOUN
faba-11	207	27	from	from	ADP
faba-11	207	28	the	the	DET
faba-11	207	29	newey	newey	PROPN
faba-11	207	30	-	-	PUNCT
faba-11	207	31	west	west	PROPN
faba-11	207	32	regression	regression	NOUN
faba-11	207	33	.	.	PUNCT
faba-11	208	1	m.r	m.r	PROPN
faba-11	208	2	.	.	PROPN
faba-11	208	3	miseman	miseman	PROPN
faba-11	208	4	et	et	PROPN
faba-11	208	5	al	al	PROPN
faba-11	208	6	.	.	PUNCT
faba-11	208	7	/	/	SYM
faba-11	208	8	finance	finance	NOUN
faba-11	208	9	,	,	PUNCT
faba-11	208	10	accounting	accounting	NOUN
faba-11	208	11	and	and	CCONJ
faba-11	208	12	business	business	NOUN
faba-11	208	13	analisys	analisys	NOUN
faba-11	208	14	8	8	NUM
faba-11	208	15	therefore	therefore	ADV
faba-11	208	16	,	,	PUNCT
faba-11	208	17	to	to	PART
faba-11	208	18	test	test	VERB
faba-11	208	19	whether	whether	SCONJ
faba-11	208	20	the	the	DET
faba-11	208	21	positive	positive	ADJ
faba-11	208	22	contemporaneous	contemporaneous	ADJ
faba-11	208	23	relationship	relationship	NOUN
faba-11	208	24	still	still	ADV
faba-11	208	25	exist	exist	VERB
faba-11	208	26	after	after	ADP
faba-11	208	27	controlling	control	VERB
faba-11	208	28	for	for	ADP
faba-11	208	29	nonnormality	nonnormality	NOUN
faba-11	208	30	of	of	ADP
faba-11	208	31	error	error	NOUN
faba-11	208	32	distribution	distribution	NOUN
faba-11	208	33	,	,	PUNCT
faba-11	208	34	the	the	DET
faba-11	208	35	following	follow	VERB
faba-11	208	36	garch	garch	NOUN
faba-11	208	37	(	(	PUNCT
faba-11	208	38	1,1	1,1	NUM
faba-11	208	39	)	)	PUNCT
faba-11	208	40	model	model	NOUN
faba-11	208	41	will	will	AUX
faba-11	208	42	be	be	AUX
faba-11	208	43	estimated	estimate	VERB
faba-11	208	44	:	:	PUNCT
faba-11	208	45	rt	rt	PROPN
faba-11	208	46	=	=	PUNCT
faba-11	208	47	b0	b0	PROPN
faba-11	208	48	+	+	CCONJ
faba-11	208	49	b1v1	b1v1	PROPN
faba-11	208	50	+	+	NUM
faba-11	208	51	ɛt	ɛt	PROPN
faba-11	208	52	,	,	PUNCT
faba-11	208	53	ɛt	ɛt	PROPN
faba-11	208	54	|	|	ADV
faba-11	208	55	(	(	PUNCT
faba-11	208	56	ɛt-1	ɛt-1	X
faba-11	208	57	,	,	PUNCT
faba-11	208	58	ɛt-2	ɛt-2	NUM
faba-11	208	59	,	,	PUNCT
faba-11	208	60	…	…	PUNCT
faba-11	208	61	)	)	PUNCT
faba-11	208	62	~n(0	~n(0	X
faba-11	208	63	,	,	PUNCT
faba-11	208	64	ht	ht	PROPN
faba-11	208	65	)	)	PUNCT
faba-11	208	66	,	,	PUNCT
faba-11	208	67	(	(	PUNCT
faba-11	208	68	4	4	X
faba-11	208	69	)	)	PUNCT
faba-11	208	70	ht	ht	PROPN
faba-11	208	71	=	=	SYM
faba-11	208	72	a0	a0	PROPN
faba-11	208	73	+	+	CCONJ
faba-11	208	74	a1ɛ2	a1ɛ2	ADP
faba-11	208	75	t-1	t-1	PROPN
faba-11	208	76	+	+	CCONJ
faba-11	208	77	a2ht-1	a2ht-1	VERB
faba-11	208	78	dynamic	dynamic	ADJ
faba-11	208	79	causal	causal	NOUN
faba-11	208	80	volume	volume	NOUN
faba-11	208	81	–	–	PUNCT
faba-11	208	82	return	return	NOUN
faba-11	208	83	–	–	PUNCT
faba-11	208	84	volatility	volatility	NOUN
faba-11	208	85	relationships	relationship	NOUN
faba-11	208	86	the	the	DET
faba-11	208	87	techniques	technique	NOUN
faba-11	208	88	to	to	PART
faba-11	208	89	be	be	AUX
faba-11	208	90	discussed	discuss	VERB
faba-11	208	91	under	under	ADP
faba-11	208	92	this	this	DET
faba-11	208	93	section	section	NOUN
faba-11	208	94	seek	seek	VERB
faba-11	208	95	to	to	PART
faba-11	208	96	test	test	VERB
faba-11	208	97	the	the	DET
faba-11	208	98	second	second	ADJ
faba-11	208	99	and	and	CCONJ
faba-11	208	100	fourth	fourth	ADJ
faba-11	208	101	hypotheses	hypothesis	NOUN
faba-11	208	102	of	of	ADP
faba-11	208	103	the	the	DET
faba-11	208	104	causal	causal	ADJ
faba-11	208	105	relationships	relationship	NOUN
faba-11	208	106	between	between	ADP
faba-11	208	107	trading	trading	NOUN
faba-11	208	108	volume	volume	NOUN
faba-11	208	109	,	,	PUNCT
faba-11	208	110	stock	stock	NOUN
faba-11	208	111	market	market	NOUN
faba-11	208	112	returns	return	NOUN
faba-11	208	113	and	and	CCONJ
faba-11	208	114	volatility	volatility	NOUN
faba-11	208	115	of	of	ADP
faba-11	208	116	returns	return	NOUN
faba-11	208	117	;	;	PUNCT
faba-11	208	118	in	in	ADP
faba-11	208	119	each	each	PRON
faba-11	208	120	of	of	ADP
faba-11	208	121	the	the	DET
faba-11	208	122	southeast	southeast	ADJ
faba-11	208	123	asian	asian	ADJ
faba-11	208	124	equity	equity	NOUN
faba-11	208	125	markets	market	NOUN
faba-11	208	126	and	and	CCONJ
faba-11	208	127	by	by	ADP
faba-11	208	128	way	way	NOUN
faba-11	208	129	of	of	ADP
faba-11	208	130	cross	cross	ADJ
faba-11	208	131	-	-	ADJ
faba-11	208	132	country	country	ADJ
faba-11	208	133	relations	relation	NOUN
faba-11	208	134	.	.	PUNCT
faba-11	209	1	thus	thus	ADV
faba-11	209	2	,	,	PUNCT
faba-11	209	3	these	these	DET
faba-11	209	4	tests	test	NOUN
faba-11	209	5	apply	apply	VERB
faba-11	209	6	in	in	ADP
faba-11	209	7	both	both	CCONJ
faba-11	209	8	domestic	domestic	ADJ
faba-11	209	9	and	and	CCONJ
faba-11	209	10	cross	cross	ADJ
faba-11	209	11	-	-	ADJ
faba-11	209	12	country	country	ADJ
faba-11	209	13	cases	case	NOUN
faba-11	209	14	.	.	PUNCT
faba-11	210	1	the	the	DET
faba-11	210	2	only	only	ADJ
faba-11	210	3	difference	difference	NOUN
faba-11	210	4	between	between	ADP
faba-11	210	5	the	the	DET
faba-11	210	6	two	two	NUM
faba-11	210	7	is	be	AUX
faba-11	210	8	that	that	SCONJ
faba-11	210	9	in	in	ADP
faba-11	210	10	the	the	DET
faba-11	210	11	former	former	ADJ
faba-11	210	12	,	,	PUNCT
faba-11	210	13	the	the	DET
faba-11	210	14	variables	variable	NOUN
faba-11	210	15	in	in	ADP
faba-11	210	16	the	the	DET
faba-11	210	17	same	same	ADJ
faba-11	210	18	country	country	NOUN
faba-11	210	19	are	be	AUX
faba-11	210	20	regressed	regress	VERB
faba-11	210	21	,	,	PUNCT
faba-11	210	22	whereas	whereas	SCONJ
faba-11	210	23	the	the	DET
faba-11	210	24	latter	latter	ADJ
faba-11	210	25	involve	involve	VERB
faba-11	210	26	variables	variable	NOUN
faba-11	210	27	from	from	ADP
faba-11	210	28	a	a	DET
faba-11	210	29	pair	pair	NOUN
faba-11	210	30	of	of	ADP
faba-11	210	31	different	different	ADJ
faba-11	210	32	countries	country	NOUN
faba-11	210	33	.	.	PUNCT
faba-11	211	1	as	as	ADP
faba-11	211	2	a	a	DET
faba-11	211	3	bidirectional	bidirectional	ADJ
faba-11	211	4	test	test	NOUN
faba-11	211	5	,	,	PUNCT
faba-11	211	6	the	the	DET
faba-11	211	7	procedure	procedure	NOUN
faba-11	211	8	tests	test	VERB
faba-11	211	9	whether	whether	SCONJ
faba-11	211	10	trading	trading	NOUN
faba-11	211	11	volume	volume	NOUN
faba-11	211	12	precedes	precede	VERB
faba-11	211	13	stock	stock	NOUN
faba-11	211	14	returns	return	NOUN
faba-11	211	15	,	,	PUNCT
faba-11	211	16	vice	vice	NOUN
faba-11	211	17	versa	versa	ADV
faba-11	211	18	,	,	PUNCT
faba-11	211	19	which	which	PRON
faba-11	211	20	is	be	AUX
faba-11	211	21	the	the	DET
faba-11	211	22	main	main	ADJ
faba-11	211	23	agenda	agenda	NOUN
faba-11	211	24	behind	behind	ADP
faba-11	211	25	granger	granger	PROPN
faba-11	211	26	’s	’s	PART
faba-11	211	27	(	(	PUNCT
faba-11	211	28	1969	1969	NUM
faba-11	211	29	)	)	PUNCT
faba-11	211	30	test	test	NOUN
faba-11	211	31	of	of	ADP
faba-11	211	32	causality	causality	NOUN
faba-11	211	33	.	.	PUNCT
faba-11	212	1	in	in	ADP
faba-11	212	2	this	this	DET
faba-11	212	3	test	test	NOUN
faba-11	212	4	,	,	PUNCT
faba-11	212	5	if	if	SCONJ
faba-11	212	6	an	an	DET
faba-11	212	7	event	event	NOUN
faba-11	212	8	‘	'	PUNCT
faba-11	212	9	x	x	X
faba-11	212	10	’	'	PUNCT
faba-11	212	11	occurs	occur	VERB
faba-11	212	12	before	before	ADP
faba-11	212	13	an	an	DET
faba-11	212	14	event	event	NOUN
faba-11	212	15	‘	'	PUNCT
faba-11	212	16	y	y	NOUN
faba-11	212	17	’	'	PUNCT
faba-11	212	18	,	,	PUNCT
faba-11	212	19	then	then	ADV
faba-11	212	20	it	it	PRON
faba-11	212	21	can	can	AUX
faba-11	212	22	be	be	AUX
faba-11	212	23	concluded	conclude	VERB
faba-11	212	24	that	that	SCONJ
faba-11	212	25	‘	'	PUNCT
faba-11	212	26	x	x	X
faba-11	212	27	’	'	PUNCT
faba-11	212	28	causes	cause	VERB
faba-11	212	29	‘	'	PUNCT
faba-11	212	30	y	y	NOUN
faba-11	212	31	’	'	PUNCT
faba-11	212	32	.	.	PUNCT
faba-11	213	1	if	if	SCONJ
faba-11	213	2	prediction	prediction	NOUN
faba-11	213	3	of	of	ADP
faba-11	213	4	‘	'	PUNCT
faba-11	213	5	y	y	NOUN
faba-11	213	6	’	'	PUNCT
faba-11	213	7	using	use	VERB
faba-11	213	8	past	past	ADJ
faba-11	213	9	‘	'	PUNCT
faba-11	213	10	x	x	X
faba-11	213	11	’	'	PUNCT
faba-11	213	12	is	be	AUX
faba-11	213	13	more	more	ADV
faba-11	213	14	accurate	accurate	ADJ
faba-11	213	15	than	than	ADP
faba-11	213	16	the	the	DET
faba-11	213	17	prediction	prediction	NOUN
faba-11	213	18	without	without	ADP
faba-11	213	19	using	use	VERB
faba-11	213	20	past	past	ADJ
faba-11	213	21	‘	'	PUNCT
faba-11	213	22	x	x	X
faba-11	213	23	’	'	PUNCT
faba-11	213	24	in	in	ADP
faba-11	213	25	the	the	DET
faba-11	213	26	mean	mean	ADJ
faba-11	213	27	square	square	ADJ
faba-11	213	28	error	error	NOUN
faba-11	213	29	sense	sense	NOUN
faba-11	213	30	,	,	PUNCT
faba-11	213	31	‘	'	PUNCT
faba-11	213	32	x	x	X
faba-11	213	33	’	'	PUNCT
faba-11	213	34	is	be	AUX
faba-11	213	35	said	say	VERB
faba-11	213	36	to	to	ADP
faba-11	213	37	granger	granger	NOUN
faba-11	213	38	-	-	PUNCT
faba-11	213	39	cause	cause	VERB
faba-11	213	40	‘	'	PUNCT
faba-11	213	41	y	y	NOUN
faba-11	213	42	’	'	PUNCT
faba-11	213	43	.	.	PUNCT
faba-11	214	1	the	the	DET
faba-11	214	2	following	follow	VERB
faba-11	214	3	bivariate	bivariate	ADJ
faba-11	214	4	autoregression	autoregression	NOUN
faba-11	214	5	is	be	AUX
faba-11	214	6	used	use	VERB
faba-11	214	7	to	to	PART
faba-11	214	8	test	test	VERB
faba-11	214	9	for	for	ADP
faba-11	214	10	causality	causality	NOUN
faba-11	214	11	between	between	ADP
faba-11	214	12	each	each	DET
faba-11	214	13	pair	pair	NOUN
faba-11	214	14	among	among	ADP
faba-11	214	15	trading	trading	NOUN
faba-11	214	16	volume	volume	NOUN
faba-11	214	17	,	,	PUNCT
faba-11	214	18	stock	stock	NOUN
faba-11	214	19	returns	return	NOUN
faba-11	214	20	and	and	CCONJ
faba-11	214	21	returns	return	NOUN
faba-11	214	22	’	'	PUNCT
faba-11	214	23	volatility	volatility	NOUN
faba-11	214	24	:	:	PUNCT
faba-11	214	25	𝑥𝑡	𝑥𝑡	ADP
faba-11	214	26	=	=	PROPN
faba-11	214	27	𝛼0	𝛼0	PROPN
faba-11	214	28	+	+	CCONJ
faba-11	214	29	∑	∑	PUNCT
faba-11	214	30	𝛼𝑖𝑥𝑡−1	𝛼𝑖𝑥𝑡−1	NUM
faba-11	214	31	+	+	CCONJ
faba-11	214	32	∑	∑	PUNCT
faba-11	214	33	𝛽𝑖𝑦𝑡−1	𝛽𝑖𝑦𝑡−1	PROPN
faba-11	214	34	+	+	CCONJ
faba-11	214	35	휀𝑡	휀𝑡	PROPN
faba-11	214	36	,	,	PUNCT
faba-11	214	37	𝑛	𝑛	PRON
faba-11	214	38	𝑖=1	𝑖=1	PUNCT
faba-11	214	39	𝑚	𝑚	X
faba-11	214	40	𝑖=1	𝑖=1	PUNCT
faba-11	214	41	𝑦𝑡	𝑦𝑡	PROPN
faba-11	214	42	=	=	PUNCT
faba-11	214	43	𝛾0	𝛾0	PROPN
faba-11	214	44	+	+	CCONJ
faba-11	214	45	∑	∑	PUNCT
faba-11	214	46	𝛾𝑖𝑥𝑡−1	𝛾𝑖𝑥𝑡−1	PROPN
faba-11	214	47	+	+	CCONJ
faba-11	214	48	∑	∑	PUNCT
faba-11	214	49	𝛿𝑦𝑡−1	𝛿𝑦𝑡−1	VERB
faba-11	214	50	+	+	CCONJ
faba-11	214	51	η𝑡	η𝑡	ADJ
faba-11	214	52	,	,	PUNCT
faba-11	214	53	𝑛	𝑛	PRON
faba-11	214	54	𝑖=1	𝑖=1	PROPN
faba-11	214	55	𝑚	𝑚	PART
faba-11	214	56	𝑖=1	𝑖=1	PROPN
faba-11	214	57	(	(	PUNCT
faba-11	214	58	5	5	NUM
faba-11	214	59	)	)	PUNCT
faba-11	214	60	in	in	ADP
faba-11	214	61	the	the	DET
faba-11	214	62	first	first	ADJ
faba-11	214	63	causality	causality	NOUN
faba-11	214	64	equation	equation	NOUN
faba-11	214	65	,	,	PUNCT
faba-11	214	66	if	if	SCONJ
faba-11	214	67	after	after	ADP
faba-11	214	68	the	the	DET
faba-11	214	69	regression	regression	NOUN
faba-11	214	70	,	,	PUNCT
faba-11	214	71	beta	beta	NOUN
faba-11	214	72	(	(	PUNCT
faba-11	214	73	βi	βi	NOUN
faba-11	214	74	)	)	PUNCT
faba-11	214	75	coefficients	coefficient	NOUN
faba-11	214	76	are	be	AUX
faba-11	214	77	statistically	statistically	ADV
faba-11	214	78	significant	significant	ADJ
faba-11	214	79	,	,	PUNCT
faba-11	214	80	it	it	PRON
faba-11	214	81	can	can	AUX
faba-11	214	82	be	be	AUX
faba-11	214	83	said	say	VERB
faba-11	214	84	that	that	SCONJ
faba-11	214	85	unidirectional	unidirectional	ADJ
faba-11	214	86	causality	causality	NOUN
faba-11	214	87	relationship	relationship	NOUN
faba-11	214	88	exists	exist	VERB
faba-11	214	89	between	between	ADP
faba-11	214	90	the	the	DET
faba-11	214	91	two	two	NUM
faba-11	214	92	variables	variable	NOUN
faba-11	214	93	(	(	PUNCT
faba-11	214	94	i.e.	i.e.	X
faba-11	214	95	:	:	PUNCT
faba-11	214	96	return	return	VERB
faba-11	214	97	cause	cause	NOUN
faba-11	214	98	volume	volume	NOUN
faba-11	214	99	)	)	PUNCT
faba-11	214	100	.	.	PUNCT
faba-11	215	1	the	the	DET
faba-11	215	2	significance	significance	NOUN
faba-11	215	3	of	of	ADP
faba-11	215	4	the	the	DET
faba-11	215	5	relationship	relationship	NOUN
faba-11	215	6	will	will	AUX
faba-11	215	7	be	be	AUX
faba-11	215	8	determined	determine	VERB
faba-11	215	9	based	base	VERB
faba-11	215	10	on	on	ADP
faba-11	215	11	the	the	DET
faba-11	215	12	accompanying	accompanying	ADJ
faba-11	215	13	p	p	NOUN
faba-11	215	14	-	-	PUNCT
faba-11	215	15	value	value	NOUN
faba-11	215	16	of	of	ADP
faba-11	215	17	t	t	PROPN
faba-11	215	18	-	-	PUNCT
faba-11	215	19	statistic	statistic	NOUN
faba-11	215	20	,	,	PUNCT
faba-11	215	21	where	where	SCONJ
faba-11	215	22	a	a	DET
faba-11	215	23	t	t	NOUN
faba-11	215	24	-	-	PUNCT
faba-11	215	25	stat	stat	NOUN
faba-11	215	26	reading	reading	NOUN
faba-11	215	27	that	that	PRON
faba-11	215	28	rejects	reject	VERB
faba-11	215	29	the	the	DET
faba-11	215	30	hypothesis	hypothesis	NOUN
faba-11	215	31	that	that	PRON
faba-11	215	32	βi	βi	PRON
faba-11	216	1	=	=	SYM
faba-11	216	2	0	0	NUM
faba-11	216	3	for	for	ADP
faba-11	216	4	all	all	DET
faba-11	216	5	‘	'	PUNCT
faba-11	216	6	i	i	PRON
faba-11	216	7	’	'	PUNCT
faba-11	216	8	will	will	AUX
faba-11	216	9	mean	mean	VERB
faba-11	216	10	that	that	DET
faba-11	216	11	return	return	NOUN
faba-11	216	12	causes	cause	VERB
faba-11	216	13	trading	trading	NOUN
faba-11	216	14	volume	volume	NOUN
faba-11	216	15	.	.	PUNCT
faba-11	217	1	similarly	similarly	ADV
faba-11	217	2	,	,	PUNCT
faba-11	217	3	in	in	ADP
faba-11	217	4	the	the	DET
faba-11	217	5	second	second	ADJ
faba-11	217	6	equation	equation	NOUN
faba-11	217	7	,	,	PUNCT
faba-11	217	8	if	if	SCONJ
faba-11	217	9	causality	causality	NOUN
faba-11	217	10	runs	run	VERB
faba-11	217	11	from	from	ADP
faba-11	217	12	volume	volume	NOUN
faba-11	217	13	to	to	ADP
faba-11	217	14	returns	return	NOUN
faba-11	217	15	,	,	PUNCT
faba-11	217	16	then	then	ADV
faba-11	217	17	the	the	DET
faba-11	217	18	𝛾i	𝛾i	ADJ
faba-11	217	19	coefficient	coefficient	NOUN
faba-11	217	20	will	will	AUX
faba-11	217	21	be	be	AUX
faba-11	217	22	mutually	mutually	ADV
faba-11	217	23	different	different	ADJ
faba-11	217	24	from	from	ADP
faba-11	217	25	zero	zero	NUM
faba-11	217	26	.	.	PUNCT
faba-11	218	1	if	if	SCONJ
faba-11	218	2	both	both	DET
faba-11	218	3	βi	βi	PRON
faba-11	218	4	and	and	CCONJ
faba-11	218	5	γi	γi	NOUN
faba-11	218	6	are	be	AUX
faba-11	218	7	statistically	statistically	ADV
faba-11	218	8	different	different	ADJ
faba-11	218	9	from	from	ADP
faba-11	218	10	zero	zero	NUM
faba-11	218	11	,	,	PUNCT
faba-11	218	12	then	then	ADV
faba-11	218	13	it	it	PRON
faba-11	218	14	will	will	AUX
faba-11	218	15	be	be	AUX
faba-11	218	16	concluded	conclude	VERB
faba-11	218	17	that	that	SCONJ
faba-11	218	18	there	there	PRON
faba-11	218	19	is	be	VERB
faba-11	218	20	a	a	DET
faba-11	218	21	feedback	feedback	NOUN
faba-11	218	22	relation	relation	NOUN
faba-11	218	23	(	(	PUNCT
faba-11	218	24	bidirectional	bidirectional	ADJ
faba-11	218	25	causality	causality	NOUN
faba-11	218	26	)	)	PUNCT
faba-11	218	27	between	between	ADP
faba-11	218	28	returns	return	NOUN
faba-11	218	29	and	and	CCONJ
faba-11	218	30	trading	trading	NOUN
faba-11	218	31	volume	volume	NOUN
faba-11	218	32	.	.	PUNCT
faba-11	219	1	volatility	volatility	NOUN
faba-11	219	2	modeling	model	VERB
faba-11	219	3	the	the	DET
faba-11	219	4	methods	method	NOUN
faba-11	219	5	described	describe	VERB
faba-11	219	6	here	here	ADV
faba-11	219	7	seek	seek	VERB
faba-11	219	8	to	to	PART
faba-11	219	9	achieve	achieve	VERB
faba-11	219	10	the	the	DET
faba-11	219	11	fifth	fifth	ADJ
faba-11	219	12	objective	objective	NOUN
faba-11	219	13	.	.	PUNCT
faba-11	220	1	many	many	ADJ
faba-11	220	2	methods	method	NOUN
faba-11	220	3	are	be	AUX
faba-11	220	4	developed	develop	VERB
faba-11	220	5	by	by	ADP
faba-11	220	6	the	the	DET
faba-11	220	7	past	past	ADJ
faba-11	220	8	researchers	researcher	NOUN
faba-11	220	9	to	to	PART
faba-11	220	10	formulate	formulate	VERB
faba-11	220	11	a	a	DET
faba-11	220	12	measure	measure	NOUN
faba-11	220	13	of	of	ADP
faba-11	220	14	volatility	volatility	NOUN
faba-11	220	15	because	because	SCONJ
faba-11	220	16	of	of	ADP
faba-11	220	17	a	a	DET
faba-11	220	18	special	special	ADJ
faba-11	220	19	feature	feature	NOUN
faba-11	220	20	of	of	ADP
faba-11	220	21	volatility	volatility	NOUN
faba-11	220	22	that	that	SCONJ
faba-11	220	23	it	it	PRON
faba-11	220	24	is	be	AUX
faba-11	220	25	not	not	PART
faba-11	220	26	directly	directly	ADV
faba-11	220	27	observable	observable	ADJ
faba-11	220	28	.	.	PUNCT
faba-11	221	1	this	this	DET
faba-11	221	2	study	study	NOUN
faba-11	221	3	applies	apply	VERB
faba-11	221	4	a	a	DET
faba-11	221	5	garch	garch	NOUN
faba-11	221	6	(	(	PUNCT
faba-11	221	7	1,1	1,1	NUM
faba-11	221	8	)	)	PUNCT
faba-11	221	9	model	model	NOUN
faba-11	221	10	with	with	ADP
faba-11	221	11	modification	modification	NOUN
faba-11	221	12	to	to	PART
faba-11	221	13	include	include	VERB
faba-11	221	14	a	a	DET
faba-11	221	15	student	student	NOUN
faba-11	221	16	’s	’s	PART
faba-11	221	17	tdistribution	tdistribution	NOUN
faba-11	221	18	as	as	ADP
faba-11	221	19	an	an	DET
faba-11	221	20	alternative	alternative	NOUN
faba-11	221	21	to	to	ADP
faba-11	221	22	the	the	DET
faba-11	221	23	standard	standard	ADJ
faba-11	221	24	gaussian	gaussian	ADJ
faba-11	221	25	distribution	distribution	NOUN
faba-11	221	26	.	.	PUNCT
faba-11	222	1	student	student	NOUN
faba-11	222	2	’s	’s	PART
faba-11	222	3	t	t	PROPN
faba-11	222	4	-	-	PUNCT
faba-11	222	5	distributions	distribution	NOUN
faba-11	222	6	is	be	AUX
faba-11	222	7	a	a	DET
faba-11	222	8	rich	rich	ADJ
faba-11	222	9	class	class	NOUN
faba-11	222	10	of	of	ADP
faba-11	222	11	probability	probability	NOUN
faba-11	222	12	distributions	distribution	NOUN
faba-11	222	13	that	that	PRON
faba-11	222	14	allows	allow	VERB
faba-11	222	15	skewness	skewness	NOUN
faba-11	222	16	and	and	CCONJ
faba-11	222	17	heavy	heavy	ADJ
faba-11	222	18	tails	tail	NOUN
faba-11	222	19	,	,	PUNCT
faba-11	222	20	which	which	PRON
faba-11	222	21	are	be	AUX
faba-11	222	22	apparently	apparently	ADV
faba-11	222	23	present	present	ADJ
faba-11	222	24	in	in	ADP
faba-11	222	25	economics	economic	NOUN
faba-11	222	26	and	and	CCONJ
faba-11	222	27	financial	financial	ADJ
faba-11	222	28	data	datum	NOUN
faba-11	222	29	especially	especially	ADV
faba-11	222	30	stock	stock	NOUN
faba-11	222	31	returns	return	NOUN
faba-11	222	32	.	.	PUNCT
faba-11	223	1	to	to	PART
faba-11	223	2	support	support	VERB
faba-11	223	3	that	that	PRON
faba-11	223	4	,	,	PUNCT
faba-11	223	5	naka	naka	PROPN
faba-11	223	6	and	and	CCONJ
faba-11	223	7	oral	oral	ADJ
faba-11	223	8	(	(	PUNCT
faba-11	223	9	2013	2013	NUM
faba-11	223	10	)	)	PUNCT
faba-11	223	11	find	find	VERB
faba-11	223	12	that	that	SCONJ
faba-11	223	13	the	the	DET
faba-11	223	14	usage	usage	NOUN
faba-11	223	15	of	of	ADP
faba-11	223	16	garch	garch	NOUN
faba-11	223	17	and	and	CCONJ
faba-11	223	18	tgarch	tgarch	NOUN
faba-11	223	19	models	model	NOUN
faba-11	223	20	with	with	ADP
faba-11	223	21	stable	stable	ADJ
faba-11	223	22	distribution	distribution	NOUN
faba-11	223	23	assumption	assumption	NOUN
faba-11	223	24	provide	provide	VERB
faba-11	223	25	better	well	ADJ
faba-11	223	26	goodness	goodness	NOUN
faba-11	223	27	of	of	ADP
faba-11	223	28	fit	fit	ADJ
faba-11	223	29	over	over	ADP
faba-11	223	30	the	the	DET
faba-11	223	31	traditional	traditional	ADJ
faba-11	223	32	gaussian	gaussian	ADJ
faba-11	223	33	models	model	NOUN
faba-11	223	34	.	.	PUNCT
faba-11	224	1	therefore	therefore	ADV
faba-11	224	2	,	,	PUNCT
faba-11	224	3	the	the	DET
faba-11	224	4	model	model	NOUN
faba-11	224	5	specification	specification	NOUN
faba-11	224	6	will	will	AUX
faba-11	224	7	be	be	AUX
faba-11	224	8	based	base	VERB
faba-11	224	9	on	on	ADP
faba-11	224	10	the	the	DET
faba-11	224	11	one	one	NOUN
faba-11	224	12	set	set	VERB
faba-11	224	13	by	by	ADP
faba-11	224	14	naka	naka	PROPN
faba-11	224	15	and	and	CCONJ
faba-11	224	16	oral	oral	ADJ
faba-11	224	17	(	(	PUNCT
faba-11	224	18	2013	2013	NUM
faba-11	224	19	)	)	PUNCT
faba-11	224	20	.	.	PUNCT
faba-11	225	1	the	the	DET
faba-11	225	2	researcher	researcher	NOUN
faba-11	225	3	imposes	impose	VERB
faba-11	225	4	stability	stability	NOUN
faba-11	225	5	conditions	condition	NOUN
faba-11	225	6	to	to	PART
faba-11	225	7	estimate	estimate	VERB
faba-11	225	8	the	the	DET
faba-11	225	9	garch	garch	NOUN
faba-11	225	10	model	model	NOUN
faba-11	225	11	so	so	SCONJ
faba-11	225	12	that	that	SCONJ
faba-11	225	13	these	these	DET
faba-11	225	14	processes	process	NOUN
faba-11	225	15	will	will	AUX
faba-11	225	16	have	have	VERB
faba-11	225	17	strictly	strictly	ADV
faba-11	225	18	stationary	stationary	ADJ
faba-11	225	19	solutions	solution	NOUN
faba-11	225	20	.	.	PUNCT
faba-11	226	1	the	the	DET
faba-11	226	2	estimated	estimate	VERB
faba-11	226	3	model	model	NOUN
faba-11	226	4	is	be	AUX
faba-11	226	5	then	then	ADV
faba-11	226	6	fitted	fit	VERB
faba-11	226	7	into	into	ADP
faba-11	226	8	the	the	DET
faba-11	226	9	following	follow	VERB
faba-11	226	10	equation	equation	NOUN
faba-11	226	11	:	:	PUNCT
faba-11	227	1	𝜎2	𝜎2	NOUN
faba-11	227	2	𝑡	𝑡	X
faba-11	227	3	=	=	SYM
faba-11	227	4	𝛾	𝛾	PROPN
faba-11	227	5	+	+	ADP
faba-11	227	6	𝛼𝑈2	𝛼𝑈2	NOUN
faba-11	227	7	𝑡−1	𝑡−1	PROPN
faba-11	227	8	+	+	CCONJ
faba-11	227	9	𝛽𝜎2	𝛽𝜎2	ADJ
faba-11	227	10	𝑡−1	𝑡−1	PROPN
faba-11	227	11	+	+	CCONJ
faba-11	227	12	휀	휀	X
faba-11	227	13	(	(	PUNCT
faba-11	227	14	6	6	NUM
faba-11	227	15	)	)	PUNCT
faba-11	227	16	where	where	SCONJ
faba-11	227	17	;	;	PUNCT
faba-11	227	18	γ	γ	X
faba-11	227	19	is	be	AUX
faba-11	227	20	the	the	DET
faba-11	227	21	constant	constant	ADJ
faba-11	227	22	coefficient	coefficient	NOUN
faba-11	227	23	representing	represent	VERB
faba-11	227	24	long	long	ADJ
faba-11	227	25	-	-	PUNCT
faba-11	227	26	term	term	NOUN
faba-11	227	27	volatility	volatility	NOUN
faba-11	227	28	,	,	PUNCT
faba-11	227	29	αis	αis	CCONJ
faba-11	227	30	the	the	DET
faba-11	227	31	coefficient	coefficient	NOUN
faba-11	227	32	for	for	ADP
faba-11	227	33	𝑈2	𝑈2	PROPN
faba-11	227	34	𝑡−1which	𝑡−1which	NOUN
faba-11	227	35	is	be	AUX
faba-11	227	36	the	the	DET
faba-11	227	37	lagged	lag	VERB
faba-11	227	38	squared	square	VERB
faba-11	227	39	return	return	NOUN
faba-11	227	40	and	and	CCONJ
faba-11	227	41	β	β	X
faba-11	227	42	is	be	AUX
faba-11	227	43	the	the	DET
faba-11	227	44	coefficient	coefficient	NOUN
faba-11	227	45	for𝜎2	for𝜎2	NOUN
faba-11	227	46	𝑡−1	𝑡−1	PROPN
faba-11	227	47	which	which	PRON
faba-11	227	48	represents	represent	VERB
faba-11	227	49	the	the	DET
faba-11	227	50	lagged	lag	VERB
faba-11	227	51	variance	variance	NOUN
faba-11	227	52	.	.	PUNCT
faba-11	228	1	the	the	DET
faba-11	228	2	best	good	ADJ
faba-11	228	3	fit	fit	NOUN
faba-11	228	4	for	for	ADP
faba-11	228	5	the	the	DET
faba-11	228	6	model	model	NOUN
faba-11	228	7	in	in	ADP
faba-11	228	8	terms	term	NOUN
faba-11	228	9	of	of	ADP
faba-11	228	10	lag	lag	NOUN
faba-11	228	11	length	length	NOUN
faba-11	228	12	is	be	AUX
faba-11	228	13	determined	determine	VERB
faba-11	228	14	using	use	VERB
faba-11	228	15	akaike	akaike	ADJ
faba-11	228	16	information	information	NOUN
faba-11	228	17	criterion	criterion	NOUN
faba-11	228	18	(	(	PUNCT
faba-11	228	19	aic	aic	PROPN
faba-11	228	20	)	)	PUNCT
faba-11	228	21	and	and	CCONJ
faba-11	228	22	log	log	NOUN
faba-11	228	23	likelihood	likelihood	NOUN
faba-11	228	24	(	(	PUNCT
faba-11	228	25	log	log	VERB
faba-11	228	26	ll	ll	NOUN
faba-11	228	27	)	)	PUNCT
faba-11	228	28	.	.	PUNCT
faba-11	229	1	a	a	DET
faba-11	229	2	model	model	NOUN
faba-11	229	3	is	be	AUX
faba-11	229	4	considered	consider	VERB
faba-11	229	5	best	well	ADV
faba-11	229	6	fitted	fit	VERB
faba-11	229	7	when	when	SCONJ
faba-11	229	8	it	it	PRON
faba-11	229	9	has	have	VERB
faba-11	229	10	a	a	DET
faba-11	229	11	small	small	ADJ
faba-11	229	12	aic	aic	PROPN
faba-11	229	13	and	and	CCONJ
faba-11	229	14	high	high	ADJ
faba-11	229	15	log	log	NOUN
faba-11	229	16	ll	ll	NOUN
faba-11	229	17	.	.	PUNCT
faba-11	230	1	on	on	ADP
faba-11	230	2	the	the	DET
faba-11	230	3	significance	significance	NOUN
faba-11	230	4	of	of	ADP
faba-11	230	5	variables	variable	NOUN
faba-11	230	6	,	,	PUNCT
faba-11	230	7	the	the	DET
faba-11	230	8	garch	garch	NOUN
faba-11	230	9	estimation	estimation	NOUN
faba-11	230	10	result	result	NOUN
faba-11	230	11	will	will	AUX
faba-11	230	12	be	be	AUX
faba-11	230	13	interpreted	interpret	VERB
faba-11	230	14	based	base	VERB
faba-11	230	15	on	on	ADP
faba-11	230	16	the	the	DET
faba-11	230	17	t	t	PROPN
faba-11	230	18	-	-	PUNCT
faba-11	230	19	statistics	statistic	NOUN
faba-11	230	20	to	to	PART
faba-11	230	21	determine	determine	VERB
faba-11	230	22	whether	whether	SCONJ
faba-11	230	23	the	the	DET
faba-11	230	24	three	three	NUM
faba-11	230	25	components	component	NOUN
faba-11	230	26	of	of	ADP
faba-11	230	27	garch	garch	NOUN
faba-11	230	28	(	(	PUNCT
faba-11	230	29	long	long	ADJ
faba-11	230	30	-	-	PUNCT
faba-11	230	31	term	term	NOUN
faba-11	230	32	volatility	volatility	NOUN
faba-11	230	33	,	,	PUNCT
faba-11	230	34	lagged	lag	VERB
faba-11	230	35	squared	square	VERB
faba-11	230	36	return	return	NOUN
faba-11	230	37	and	and	CCONJ
faba-11	230	38	lagged	lag	VERB
faba-11	230	39	variance	variance	NOUN
faba-11	230	40	)	)	PUNCT
faba-11	230	41	do	do	AUX
faba-11	230	42	have	have	VERB
faba-11	230	43	significant	significant	ADJ
faba-11	230	44	impact	impact	NOUN
faba-11	230	45	on	on	ADP
faba-11	230	46	the	the	DET
faba-11	230	47	overall	overall	ADJ
faba-11	230	48	volatility	volatility	NOUN
faba-11	230	49	(	(	PUNCT
faba-11	230	50	variance	variance	NOUN
faba-11	230	51	)	)	PUNCT
faba-11	230	52	of	of	ADP
faba-11	230	53	the	the	DET
faba-11	230	54	stock	stock	NOUN
faba-11	230	55	return	return	NOUN
faba-11	230	56	.	.	PUNCT
faba-11	231	1	data	datum	NOUN
faba-11	231	2	analysis	analysis	NOUN
faba-11	231	3	and	and	CCONJ
faba-11	231	4	findings	finding	NOUN
faba-11	231	5	unit	unit	NOUN
faba-11	231	6	root	root	NOUN
faba-11	231	7	tests	test	VERB
faba-11	231	8	p	p	NOUN
faba-11	231	9	-	-	PUNCT
faba-11	231	10	values	value	NOUN
faba-11	231	11	malaysia	malaysia	PROPN
faba-11	231	12	singapore	singapore	PROPN
faba-11	231	13	indonesia	indonesia	PROPN
faba-11	231	14	adf	adf	PROPN
faba-11	231	15	phillipperron	phillipperron	PROPN
faba-11	231	16	adf	adf	PROPN
faba-11	231	17	phillipperron	phillipperron	PROPN
faba-11	231	18	adf	adf	PROPN
faba-11	231	19	phillipperron	phillipperron	PROPN
faba-11	231	20	index	index	NOUN
faba-11	231	21	return	return	VERB
faba-11	231	22	0.0000	0.0000	NUM
faba-11	231	23	0.0000	0.0000	NUM
faba-11	232	1	0.0000	0.0000	NUM
faba-11	232	2	0.0000	0.0000	NUM
faba-11	232	3	0.0000	0.0000	NUM
faba-11	232	4	0.0000	0.0000	NUM
faba-11	232	5	trading	trading	NOUN
faba-11	232	6	volume	volume	NOUN
faba-11	232	7	1.0000	1.0000	NUM
faba-11	232	8	0.0000	0.0000	NUM
faba-11	232	9	1.0000	1.0000	NUM
faba-11	232	10	0.0000	0.0000	NUM
faba-11	232	11	1.0000	1.0000	NUM
faba-11	232	12	0.0000	0.0000	NUM
faba-11	232	13	logged	log	VERB
faba-11	232	14	trading	trading	NOUN
faba-11	232	15	volume	volume	NOUN
faba-11	232	16	0.0000	0.0000	NUM
faba-11	233	1	0.0000	0.0000	NUM
faba-11	233	2	0.0000	0.0000	NUM
faba-11	233	3	0.0000	0.0000	NUM
faba-11	233	4	0.0000	0.0000	NUM
faba-11	233	5	0.0000	0.0000	NUM
faba-11	233	6	m.r	m.r	PROPN
faba-11	233	7	.	.	PROPN
faba-11	233	8	miseman	miseman	PROPN
faba-11	233	9	et	et	PROPN
faba-11	233	10	al	al	PROPN
faba-11	233	11	.	.	PUNCT
faba-11	233	12	/	/	SYM
faba-11	233	13	finance	finance	NOUN
faba-11	233	14	,	,	PUNCT
faba-11	233	15	accounting	accounting	NOUN
faba-11	233	16	and	and	CCONJ
faba-11	233	17	business	business	NOUN
faba-11	233	18	analisys	analisys	NOUN
faba-11	233	19	9	9	NUM
faba-11	233	20	table	table	NOUN
faba-11	233	21	1	1	NUM
faba-11	233	22	:	:	PUNCT
faba-11	233	23	results	result	NOUN
faba-11	233	24	of	of	ADP
faba-11	233	25	unit	unit	NOUN
faba-11	233	26	root	root	PROPN
faba-11	233	27	test	test	NOUN
faba-11	233	28	the	the	DET
faba-11	233	29	unit	unit	NOUN
faba-11	233	30	root	root	NOUN
faba-11	233	31	test	test	NOUN
faba-11	233	32	is	be	AUX
faba-11	233	33	conducted	conduct	VERB
faba-11	233	34	to	to	PART
faba-11	233	35	test	test	VERB
faba-11	233	36	for	for	ADP
faba-11	233	37	stationarity	stationarity	NOUN
faba-11	233	38	of	of	ADP
faba-11	233	39	the	the	DET
faba-11	233	40	data	datum	NOUN
faba-11	233	41	.	.	PUNCT
faba-11	234	1	based	base	VERB
faba-11	234	2	on	on	ADP
faba-11	234	3	table	table	NOUN
faba-11	234	4	1	1	NUM
faba-11	234	5	above	above	ADV
faba-11	234	6	,	,	PUNCT
faba-11	234	7	the	the	DET
faba-11	234	8	index	index	NOUN
faba-11	234	9	return	return	NOUN
faba-11	234	10	data	datum	NOUN
faba-11	234	11	is	be	AUX
faba-11	234	12	stationary	stationary	ADJ
faba-11	234	13	in	in	ADP
faba-11	234	14	original	original	ADJ
faba-11	234	15	form	form	NOUN
faba-11	234	16	under	under	ADP
faba-11	234	17	both	both	CCONJ
faba-11	234	18	augmented	augment	VERB
faba-11	234	19	dickey	dickey	NOUN
faba-11	234	20	-	-	PUNCT
faba-11	234	21	fuller	full	ADJ
faba-11	234	22	(	(	PUNCT
faba-11	234	23	adf	adf	NOUN
faba-11	234	24	)	)	PUNCT
faba-11	234	25	and	and	CCONJ
faba-11	234	26	phillip	phillip	PROPN
faba-11	234	27	-	-	PUNCT
faba-11	234	28	perron	perron	PROPN
faba-11	234	29	(	(	PUNCT
faba-11	234	30	pp	pp	ADJ
faba-11	234	31	)	)	PUNCT
faba-11	234	32	measures	measure	NOUN
faba-11	234	33	as	as	SCONJ
faba-11	234	34	0.0000	0.0000	NUM
faba-11	234	35	p	p	NOUN
faba-11	234	36	-	-	PUNCT
faba-11	234	37	values	value	NOUN
faba-11	234	38	are	be	AUX
faba-11	234	39	recorded	record	VERB
faba-11	234	40	for	for	ADP
faba-11	234	41	all	all	DET
faba-11	234	42	countries	country	NOUN
faba-11	234	43	.	.	PUNCT
faba-11	235	1	this	this	DET
faba-11	235	2	observation	observation	NOUN
faba-11	235	3	can	can	AUX
faba-11	235	4	be	be	AUX
faba-11	235	5	seen	see	VERB
faba-11	235	6	more	more	ADV
faba-11	235	7	clearly	clearly	ADV
faba-11	235	8	from	from	ADP
faba-11	235	9	the	the	DET
faba-11	235	10	line	line	NOUN
faba-11	235	11	charts	chart	NOUN
faba-11	235	12	below	below	ADV
faba-11	235	13	(	(	PUNCT
faba-11	235	14	figure	figure	NOUN
faba-11	235	15	3	3	NUM
faba-11	235	16	)	)	PUNCT
faba-11	235	17	,	,	PUNCT
faba-11	235	18	where	where	SCONJ
faba-11	235	19	the	the	DET
faba-11	235	20	stock	stock	NOUN
faba-11	235	21	returns	return	VERB
faba-11	235	22	for	for	ADP
faba-11	235	23	all	all	DET
faba-11	235	24	countries	country	NOUN
faba-11	235	25	do	do	AUX
faba-11	235	26	not	not	PART
faba-11	235	27	exhibit	exhibit	VERB
faba-11	235	28	any	any	PRON
faba-11	235	29	upward	upward	ADJ
faba-11	235	30	or	or	CCONJ
faba-11	235	31	downward	downward	ADJ
faba-11	235	32	trends	trend	NOUN
faba-11	235	33	as	as	SCONJ
faba-11	235	34	the	the	DET
faba-11	235	35	plots	plot	NOUN
faba-11	235	36	move	move	VERB
faba-11	235	37	sideways	sideways	ADV
faba-11	235	38	.	.	PUNCT
faba-11	236	1	therefore	therefore	ADV
faba-11	236	2	,	,	PUNCT
faba-11	236	3	the	the	DET
faba-11	236	4	dataset	dataset	NOUN
faba-11	236	5	is	be	AUX
faba-11	236	6	stationary	stationary	ADJ
faba-11	236	7	,	,	PUNCT
faba-11	236	8	and	and	CCONJ
faba-11	236	9	there	there	PRON
faba-11	236	10	is	be	VERB
faba-11	236	11	no	no	DET
faba-11	236	12	unit	unit	NOUN
faba-11	236	13	root	root	NOUN
faba-11	236	14	;	;	PUNCT
faba-11	236	15	as	as	SCONJ
faba-11	236	16	suggested	suggest	VERB
faba-11	236	17	by	by	ADP
faba-11	236	18	the	the	DET
faba-11	236	19	adf	adf	PROPN
faba-11	236	20	and	and	CCONJ
faba-11	236	21	pp	pp	PROPN
faba-11	236	22	statistics	statistic	NOUN
faba-11	236	23	.	.	PUNCT
faba-11	237	1	this	this	DET
faba-11	237	2	heteroskedastic	heteroskedastic	ADJ
faba-11	237	3	property	property	NOUN
faba-11	237	4	is	be	AUX
faba-11	237	5	as	as	SCONJ
faba-11	237	6	expected	expect	VERB
faba-11	237	7	from	from	ADP
faba-11	237	8	any	any	DET
faba-11	237	9	financial	financial	ADJ
faba-11	237	10	return	return	NOUN
faba-11	237	11	series	series	NOUN
faba-11	237	12	.	.	PUNCT
faba-11	238	1	malaysia	malaysia	PROPN
faba-11	238	2	singapore	singapore	PROPN
faba-11	238	3	indonesia	indonesia	PROPN
faba-11	238	4	figure	figure	VERB
faba-11	238	5	3	3	NUM
faba-11	238	6	:	:	PUNCT
faba-11	238	7	line	line	NOUN
faba-11	238	8	charts	chart	NOUN
faba-11	238	9	for	for	ADP
faba-11	238	10	stock	stock	NOUN
faba-11	238	11	market	market	NOUN
faba-11	238	12	return	return	NOUN
faba-11	238	13	however	however	ADV
faba-11	238	14	,	,	PUNCT
faba-11	238	15	problems	problem	NOUN
faba-11	238	16	were	be	AUX
faba-11	238	17	detected	detect	VERB
faba-11	238	18	when	when	SCONJ
faba-11	238	19	it	it	PRON
faba-11	238	20	comes	come	VERB
faba-11	238	21	to	to	ADP
faba-11	238	22	trading	trading	NOUN
faba-11	238	23	volumes	volume	NOUN
faba-11	238	24	as	as	SCONJ
faba-11	238	25	all	all	PRON
faba-11	238	26	of	of	ADP
faba-11	238	27	them	they	PRON
faba-11	238	28	fail	fail	VERB
faba-11	238	29	to	to	PART
faba-11	238	30	record	record	VERB
faba-11	238	31	significant	significant	ADJ
faba-11	238	32	p	p	NOUN
faba-11	238	33	-	-	PUNCT
faba-11	238	34	values	value	NOUN
faba-11	238	35	under	under	ADP
faba-11	238	36	adf	adf	PROPN
faba-11	238	37	measure	measure	NOUN
faba-11	238	38	.	.	PUNCT
faba-11	239	1	this	this	DET
faba-11	239	2	fact	fact	NOUN
faba-11	239	3	is	be	AUX
faba-11	239	4	supported	support	VERB
faba-11	239	5	by	by	ADP
faba-11	239	6	the	the	DET
faba-11	239	7	figure	figure	NOUN
faba-11	239	8	4	4	NUM
faba-11	239	9	as	as	SCONJ
faba-11	239	10	the	the	DET
faba-11	239	11	volume	volume	NOUN
faba-11	239	12	data	datum	NOUN
faba-11	239	13	in	in	ADP
faba-11	239	14	their	their	PRON
faba-11	239	15	original	original	ADJ
faba-11	239	16	form	form	NOUN
faba-11	239	17	,	,	PUNCT
faba-11	239	18	do	do	AUX
faba-11	239	19	exhibit	exhibit	VERB
faba-11	239	20	observable	observable	ADJ
faba-11	239	21	patterns	pattern	NOUN
faba-11	239	22	and	and	CCONJ
faba-11	239	23	are	be	AUX
faba-11	239	24	unstable	unstable	ADJ
faba-11	239	25	across	across	ADP
faba-11	239	26	time	time	NOUN
faba-11	239	27	.	.	PUNCT
faba-11	240	1	the	the	DET
faba-11	240	2	trading	trading	NOUN
faba-11	240	3	volumes	volume	NOUN
faba-11	240	4	tend	tend	VERB
faba-11	240	5	to	to	PART
faba-11	240	6	spike	spike	VERB
faba-11	240	7	during	during	ADP
faba-11	240	8	a	a	DET
faba-11	240	9	certain	certain	ADJ
faba-11	240	10	period	period	NOUN
faba-11	240	11	and	and	CCONJ
faba-11	240	12	remain	remain	VERB
faba-11	240	13	low	low	ADJ
faba-11	240	14	during	during	ADP
faba-11	240	15	another	another	PRON
faba-11	240	16	,	,	PUNCT
faba-11	240	17	which	which	PRON
faba-11	240	18	suggests	suggest	VERB
faba-11	240	19	evidence	evidence	NOUN
faba-11	240	20	for	for	ADP
faba-11	240	21	volatility	volatility	NOUN
faba-11	240	22	clustering	clustering	NOUN
faba-11	240	23	.	.	PUNCT
faba-11	241	1	malaysia	malaysia	PROPN
faba-11	241	2	singapore	singapore	PROPN
faba-11	241	3	indonesia	indonesia	PROPN
faba-11	241	4	figure	figure	VERB
faba-11	241	5	4	4	NUM
faba-11	241	6	:	:	PUNCT
faba-11	241	7	line	line	NOUN
faba-11	241	8	charts	chart	NOUN
faba-11	241	9	for	for	ADP
faba-11	241	10	trading	trading	NOUN
faba-11	241	11	volume	volume	NOUN
faba-11	241	12	(	(	PUNCT
faba-11	241	13	original	original	ADJ
faba-11	241	14	form	form	NOUN
faba-11	241	15	)	)	PUNCT
faba-11	241	16	to	to	PART
faba-11	241	17	circumvent	circumvent	VERB
faba-11	241	18	this	this	DET
faba-11	241	19	problem	problem	NOUN
faba-11	241	20	,	,	PUNCT
faba-11	241	21	the	the	DET
faba-11	241	22	volume	volume	NOUN
faba-11	241	23	data	datum	NOUN
faba-11	241	24	is	be	AUX
faba-11	241	25	transformed	transform	VERB
faba-11	241	26	into	into	ADP
faba-11	241	27	logged	logged	ADJ
faba-11	241	28	form	form	NOUN
faba-11	241	29	to	to	PART
faba-11	241	30	provide	provide	VERB
faba-11	241	31	for	for	ADP
faba-11	241	32	more	more	ADJ
faba-11	241	33	consistency	consistency	NOUN
faba-11	241	34	and	and	CCONJ
faba-11	241	35	stability	stability	NOUN
faba-11	241	36	.	.	PUNCT
faba-11	242	1	this	this	PRON
faba-11	242	2	resulted	result	VERB
faba-11	242	3	in	in	ADP
faba-11	242	4	stationary	stationary	ADJ
faba-11	242	5	data	datum	NOUN
faba-11	242	6	as	as	SCONJ
faba-11	242	7	evidenced	evidence	VERB
faba-11	242	8	by	by	ADP
faba-11	242	9	the	the	DET
faba-11	242	10	0.0000	0.0000	NUM
faba-11	242	11	p	p	NOUN
faba-11	242	12	-	-	PUNCT
faba-11	242	13	values	value	NOUN
faba-11	242	14	under	under	ADP
faba-11	242	15	both	both	DET
faba-11	242	16	adf	adf	NOUN
faba-11	242	17	and	and	CCONJ
faba-11	242	18	pp	pp	PROPN
faba-11	242	19	statistics	statistic	NOUN
faba-11	242	20	in	in	ADP
faba-11	242	21	table	table	NOUN
faba-11	242	22	1	1	NUM
faba-11	242	23	.	.	PUNCT
faba-11	243	1	figure	figure	NOUN
faba-11	243	2	5	5	NUM
faba-11	243	3	below	below	ADP
faba-11	243	4	supports	support	VERB
faba-11	243	5	this	this	DET
faba-11	243	6	point	point	NOUN
faba-11	243	7	,	,	PUNCT
faba-11	243	8	as	as	SCONJ
faba-11	243	9	the	the	DET
faba-11	243	10	logged	logged	ADJ
faba-11	243	11	trading	trading	NOUN
faba-11	243	12	volume	volume	NOUN
faba-11	243	13	data	datum	NOUN
faba-11	243	14	plot	plot	NOUN
faba-11	243	15	is	be	AUX
faba-11	243	16	now	now	ADV
faba-11	243	17	behaving	behave	VERB
faba-11	243	18	in	in	ADP
faba-11	243	19	more	more	ADV
faba-11	243	20	stable	stable	ADJ
faba-11	243	21	and	and	CCONJ
faba-11	243	22	stationary	stationary	ADJ
faba-11	243	23	manner	manner	NOUN
faba-11	243	24	.	.	PUNCT
faba-11	244	1	thus	thus	ADV
faba-11	244	2	,	,	PUNCT
faba-11	244	3	the	the	DET
faba-11	244	4	data	data	NOUN
faba-11	244	5	is	be	AUX
faba-11	244	6	now	now	ADV
faba-11	244	7	fit	fit	ADJ
faba-11	244	8	to	to	PART
faba-11	244	9	be	be	AUX
faba-11	244	10	used	use	VERB
faba-11	244	11	for	for	ADP
faba-11	244	12	the	the	DET
faba-11	244	13	subsequent	subsequent	ADJ
faba-11	244	14	data	datum	NOUN
faba-11	244	15	analysis	analysis	NOUN
faba-11	244	16	processes	process	NOUN
faba-11	244	17	.	.	PUNCT
faba-11	245	1	-1	-1	ADP
faba-11	246	1	5	5	NUM
faba-11	246	2	-1	-1	SYM
faba-11	246	3	0	0	NUM
faba-11	247	1	-5	-5	NUM
faba-11	247	2	0	0	NUM
faba-11	247	3	5	5	NUM
faba-11	247	4	1	1	NUM
faba-11	247	5	0	0	NUM
faba-11	247	6	1	1	NUM
faba-11	247	7	5	5	NUM
faba-11	247	8	r	r	NOUN
faba-11	247	9	e	e	X
faba-11	247	10	tu	tu	PROPN
faba-11	247	11	rn	rn	PROPN
faba-11	247	12	_	_	PROPN
faba-11	247	13	k	k	PUNCT
faba-11	248	1	l	l	PUNCT
faba-11	248	2	c	c	NOUN
faba-11	249	1	i	i	PRON
faba-11	249	2	01jan2000	01jan2000	NUM
faba-11	249	3	01jan2005	01jan2005	X
faba-11	250	1	01jan2010	01jan2010	NOUN
faba-11	250	2	01jan2015	01jan2015	PUNCT
faba-11	251	1	daily	daily	PROPN
faba-11	251	2	-1	-1	X
faba-11	251	3	0	0	PUNCT
faba-11	252	1	-5	-5	PUNCT
faba-11	252	2	0	0	NUM
faba-11	253	1	5	5	NUM
faba-11	253	2	1	1	NUM
faba-11	253	3	0	0	NUM
faba-11	253	4	r	r	NOUN
faba-11	253	5	e	e	X
faba-11	253	6	tu	tu	PROPN
faba-11	253	7	rn	rn	PROPN
faba-11	253	8	_	_	PROPN
faba-11	253	9	s	s	VERB
faba-11	253	10	ti	ti	X
faba-11	253	11	01jan2000	01jan2000	NUM
faba-11	253	12	01jan2005	01jan2005	NOUN
faba-11	254	1	01jan2010	01jan2010	NOUN
faba-11	254	2	01jan2015	01jan2015	PUNCT
faba-11	255	1	daily	daily	PROPN
faba-11	255	2	-1	-1	X
faba-11	255	3	0	0	PUNCT
faba-11	256	1	-5	-5	PUNCT
faba-11	256	2	0	0	NUM
faba-11	257	1	5	5	NUM
faba-11	257	2	1	1	NUM
faba-11	257	3	0	0	NUM
faba-11	257	4	r	r	NOUN
faba-11	257	5	e	e	X
faba-11	257	6	tu	tu	PROPN
faba-11	257	7	rn	rn	PROPN
faba-11	257	8	_	_	PROPN
faba-11	257	9	jc	jc	PROPN
faba-11	258	1	i	i	PRON
faba-11	258	2	01jan2000	01jan2000	NUM
faba-11	258	3	01jan2005	01jan2005	X
faba-11	259	1	01jan2010	01jan2010	NOUN
faba-11	259	2	01jan2015	01jan2015	PUNCT
faba-11	260	1	daily	daily	ADJ
faba-11	260	2	0	0	NUM
faba-11	260	3	2	2	NUM
faba-11	260	4	0	0	NUM
faba-11	260	5	0	0	NUM
faba-11	260	6	0	0	NUM
faba-11	260	7	0	0	NUM
faba-11	260	8	0	0	NUM
faba-11	260	9	0	0	NUM
faba-11	260	10	0	0	NUM
faba-11	260	11	0	0	NUM
faba-11	260	12	4	4	NUM
faba-11	260	13	0	0	NUM
faba-11	260	14	0	0	NUM
faba-11	260	15	0	0	NUM
faba-11	260	16	0	0	NUM
faba-11	260	17	0	0	NUM
faba-11	260	18	0	0	NUM
faba-11	260	19	0	0	NUM
faba-11	260	20	0	0	NUM
faba-11	260	21	6	6	NUM
faba-11	260	22	0	0	NUM
faba-11	260	23	0	0	NUM
faba-11	260	24	0	0	NUM
faba-11	260	25	0	0	NUM
faba-11	260	26	0	0	NUM
faba-11	260	27	0	0	NUM
faba-11	260	28	0	0	NUM
faba-11	260	29	0	0	NUM
faba-11	260	30	8	8	NUM
faba-11	260	31	0	0	NUM
faba-11	260	32	0	0	NUM
faba-11	260	33	0	0	NUM
faba-11	260	34	0	0	NUM
faba-11	260	35	0	0	NUM
faba-11	260	36	0	0	NUM
faba-11	260	37	0	0	NUM
faba-11	260	38	0	0	NUM
faba-11	260	39	v	v	ADP
faba-11	260	40	o	o	PROPN
faba-11	260	41	l	l	NOUN
faba-11	260	42	_	_	PUNCT
faba-11	260	43	k	k	PUNCT
faba-11	261	1	l	l	PUNCT
faba-11	261	2	c	c	NOUN
faba-11	262	1	i	i	PRON
faba-11	262	2	01jan2000	01jan2000	NUM
faba-11	262	3	01jan2005	01jan2005	X
faba-11	263	1	01jan2010	01jan2010	NOUN
faba-11	263	2	01jan2015	01jan2015	PUNCT
faba-11	264	1	daily	daily	ADJ
faba-11	264	2	0	0	NUM
faba-11	264	3	2	2	NUM
faba-11	264	4	0	0	NUM
faba-11	264	5	0	0	NUM
faba-11	264	6	0	0	NUM
faba-11	264	7	0	0	NUM
faba-11	264	8	0	0	NUM
faba-11	264	9	0	0	NUM
faba-11	264	10	0	0	NUM
faba-11	264	11	0	0	NUM
faba-11	264	12	4	4	NUM
faba-11	264	13	0	0	NUM
faba-11	264	14	0	0	NUM
faba-11	264	15	0	0	NUM
faba-11	264	16	0	0	NUM
faba-11	264	17	0	0	NUM
faba-11	264	18	0	0	NUM
faba-11	264	19	0	0	NUM
faba-11	264	20	0	0	NUM
faba-11	264	21	6	6	NUM
faba-11	264	22	0	0	NUM
faba-11	264	23	0	0	NUM
faba-11	264	24	0	0	NUM
faba-11	264	25	0	0	NUM
faba-11	264	26	0	0	NUM
faba-11	264	27	0	0	NUM
faba-11	264	28	0	0	NUM
faba-11	264	29	0	0	NUM
faba-11	264	30	8	8	NUM
faba-11	264	31	0	0	NUM
faba-11	264	32	0	0	NUM
faba-11	264	33	0	0	NUM
faba-11	264	34	0	0	NUM
faba-11	264	35	0	0	NUM
faba-11	264	36	0	0	NUM
faba-11	264	37	0	0	NUM
faba-11	264	38	0	0	NUM
faba-11	264	39	1	1	NUM
faba-11	264	40	0	0	NUM
faba-11	264	41	0	0	NUM
faba-11	264	42	0	0	NUM
faba-11	264	43	0	0	NUM
faba-11	264	44	0	0	NUM
faba-11	264	45	0	0	NUM
faba-11	264	46	0	0	NUM
faba-11	264	47	0	0	NUM
faba-11	264	48	0	0	NUM
faba-11	264	49	v	v	ADP
faba-11	264	50	o	o	PROPN
faba-11	264	51	l	l	NOUN
faba-11	264	52	_	_	PUNCT
faba-11	264	53	s	s	VERB
faba-11	264	54	ti	ti	X
faba-11	264	55	01jan2000	01jan2000	NUM
faba-11	264	56	01jan2005	01jan2005	NOUN
faba-11	264	57	01jan2010	01jan2010	NOUN
faba-11	264	58	01jan2015	01jan2015	PUNCT
faba-11	265	1	daily	daily	ADJ
faba-11	265	2	0	0	NUM
faba-11	265	3	2	2	NUM
faba-11	265	4	.0	.0	NUM
faba-11	265	5	0	0	NUM
faba-11	265	6	0	0	NUM
faba-11	266	1	e	e	NOUN
faba-11	266	2	+	+	NOUN
faba-11	266	3	0	0	NUM
faba-11	266	4	9	9	NUM
faba-11	266	5	4	4	NUM
faba-11	266	6	.0	.0	NUM
faba-11	266	7	0	0	NUM
faba-11	266	8	0	0	NUM
faba-11	267	1	e	e	NOUN
faba-11	267	2	+	+	NOUN
faba-11	267	3	0	0	NUM
faba-11	267	4	9	9	NUM
faba-11	267	5	6	6	NUM
faba-11	267	6	.0	.0	NUM
faba-11	267	7	0	0	NUM
faba-11	267	8	0	0	NUM
faba-11	268	1	e	e	NOUN
faba-11	268	2	+	+	NOUN
faba-11	268	3	0	0	NUM
faba-11	268	4	9	9	NUM
faba-11	268	5	8	8	NUM
faba-11	268	6	.0	.0	NUM
faba-11	268	7	0	0	NUM
faba-11	268	8	0	0	NUM
faba-11	269	1	e	e	NOUN
faba-11	269	2	+	+	NOUN
faba-11	269	3	0	0	NUM
faba-11	269	4	9	9	NUM
faba-11	269	5	1	1	NUM
faba-11	269	6	.0	.0	NUM
faba-11	269	7	0	0	NUM
faba-11	269	8	0	0	NUM
faba-11	270	1	e	e	NOUN
faba-11	270	2	+	+	CCONJ
faba-11	270	3	1	1	NUM
faba-11	270	4	0	0	NUM
faba-11	270	5	v	v	ADP
faba-11	270	6	o	o	PROPN
faba-11	270	7	l	l	NOUN
faba-11	270	8	_	_	PUNCT
faba-11	271	1	jc	jc	PROPN
faba-11	272	1	i	i	PRON
faba-11	272	2	01jan2000	01jan2000	NUM
faba-11	272	3	01jan2005	01jan2005	X
faba-11	273	1	01jan2010	01jan2010	NOUN
faba-11	273	2	01jan2015	01jan2015	PROPN
faba-11	274	1	daily	daily	PROPN
faba-11	274	2	m.r	m.r	PROPN
faba-11	274	3	.	.	PROPN
faba-11	274	4	miseman	miseman	PROPN
faba-11	274	5	et	et	PROPN
faba-11	274	6	al	al	PROPN
faba-11	274	7	.	.	PUNCT
faba-11	274	8	/	/	SYM
faba-11	274	9	finance	finance	NOUN
faba-11	274	10	,	,	PUNCT
faba-11	274	11	accounting	accounting	NOUN
faba-11	274	12	and	and	CCONJ
faba-11	274	13	business	business	NOUN
faba-11	274	14	analisys	analisys	PROPN
faba-11	274	15	10	10	NUM
faba-11	274	16	malaysia	malaysia	PROPN
faba-11	274	17	singapore	singapore	PROPN
faba-11	274	18	indonesia	indonesia	PROPN
faba-11	274	19	figure	figure	VERB
faba-11	274	20	5	5	NUM
faba-11	274	21	:	:	PUNCT
faba-11	274	22	line	line	NOUN
faba-11	274	23	charts	chart	NOUN
faba-11	274	24	for	for	ADP
faba-11	274	25	trading	trading	NOUN
faba-11	274	26	volume	volume	NOUN
faba-11	274	27	(	(	PUNCT
faba-11	274	28	logged	log	VERB
faba-11	274	29	form	form	NOUN
faba-11	274	30	)	)	PUNCT
faba-11	274	31	contemporaneous	contemporaneous	ADJ
faba-11	274	32	relationships	relationship	NOUN
faba-11	274	33	the	the	DET
faba-11	274	34	following	follow	VERB
faba-11	274	35	tests	test	NOUN
faba-11	274	36	are	be	AUX
faba-11	274	37	conducted	conduct	VERB
faba-11	274	38	for	for	ADP
faba-11	274	39	the	the	DET
faba-11	274	40	first	first	ADJ
faba-11	274	41	hypothesis	hypothesis	NOUN
faba-11	274	42	.	.	PUNCT
faba-11	275	1	firstly	firstly	ADV
faba-11	275	2	,	,	PUNCT
faba-11	275	3	a	a	DET
faba-11	275	4	newey	newey	PROPN
faba-11	275	5	-	-	PUNCT
faba-11	275	6	west	west	PROPN
faba-11	275	7	regression	regression	NOUN
faba-11	275	8	technique	technique	NOUN
faba-11	275	9	is	be	AUX
faba-11	275	10	applied	apply	VERB
faba-11	275	11	to	to	PART
faba-11	275	12	take	take	VERB
faba-11	275	13	into	into	ADP
faba-11	275	14	consideration	consideration	NOUN
faba-11	275	15	of	of	ADP
faba-11	275	16	the	the	DET
faba-11	275	17	heteroskedastic	heteroskedastic	ADJ
faba-11	275	18	nature	nature	NOUN
faba-11	275	19	of	of	ADP
faba-11	275	20	the	the	DET
faba-11	275	21	stock	stock	NOUN
faba-11	275	22	return	return	NOUN
faba-11	275	23	data	datum	NOUN
faba-11	275	24	.	.	PUNCT
faba-11	276	1	the	the	DET
faba-11	276	2	newey	newey	PROPN
faba-11	276	3	-	-	PUNCT
faba-11	276	4	west	west	PROPN
faba-11	276	5	regression	regression	NOUN
faba-11	276	6	is	be	AUX
faba-11	276	7	performed	perform	VERB
faba-11	276	8	with	with	ADP
faba-11	276	9	zero	zero	NUM
faba-11	276	10	lag	lag	NOUN
faba-11	276	11	,	,	PUNCT
faba-11	276	12	in	in	ADP
faba-11	276	13	order	order	NOUN
faba-11	276	14	to	to	PART
faba-11	276	15	consider	consider	VERB
faba-11	276	16	only	only	ADV
faba-11	276	17	the	the	DET
faba-11	276	18	contemporaneous	contemporaneous	ADJ
faba-11	276	19	(	(	PUNCT
faba-11	276	20	current	current	ADJ
faba-11	276	21	-	-	PUNCT
faba-11	276	22	time	time	NOUN
faba-11	276	23	)	)	PUNCT
faba-11	276	24	relationships	relationship	NOUN
faba-11	276	25	between	between	ADP
faba-11	276	26	trading	trading	NOUN
faba-11	276	27	volume	volume	NOUN
faba-11	276	28	to	to	ADP
faba-11	276	29	stock	stock	NOUN
faba-11	276	30	return	return	NOUN
faba-11	276	31	,	,	PUNCT
faba-11	276	32	instead	instead	ADV
faba-11	276	33	of	of	ADP
faba-11	276	34	considering	consider	VERB
faba-11	276	35	the	the	DET
faba-11	276	36	effect	effect	NOUN
faba-11	276	37	of	of	ADP
faba-11	276	38	past	past	ADJ
faba-11	276	39	trading	trading	NOUN
faba-11	276	40	volume	volume	NOUN
faba-11	276	41	in	in	ADP
faba-11	276	42	predicting	predict	VERB
faba-11	276	43	the	the	DET
faba-11	276	44	dependent	dependent	ADJ
faba-11	276	45	variable	variable	NOUN
faba-11	276	46	.	.	PUNCT
faba-11	277	1	the	the	DET
faba-11	277	2	results	result	NOUN
faba-11	277	3	are	be	AUX
faba-11	277	4	presented	present	VERB
faba-11	277	5	in	in	ADP
faba-11	277	6	table	table	NOUN
faba-11	277	7	2	2	NUM
faba-11	277	8	:	:	PUNCT
faba-11	277	9	malaysia	malaysia	PROPN
faba-11	277	10	singapore	singapore	PROPN
faba-11	277	11	indonesia	indonesia	PROPN
faba-11	277	12	number	number	NOUN
faba-11	277	13	of	of	ADP
faba-11	277	14	observations	observation	NOUN
faba-11	277	15	3622	3622	NUM
faba-11	277	16	3028	3028	NUM
faba-11	277	17	3345	3345	NUM
faba-11	277	18	f	f	X
faba-11	277	19	-	-	PUNCT
faba-11	277	20	stat	stat	VERB
faba-11	277	21	4.66	4.66	NUM
faba-11	277	22	3.68	3.68	NUM
faba-11	277	23	4.10	4.10	NUM
faba-11	277	24	prob	prob	NOUN
faba-11	277	25	.	.	PUNCT
faba-11	277	26	>	>	X
faba-11	278	1	f	f	X
faba-11	278	2	-	-	PUNCT
faba-11	278	3	stat	stat	VERB
faba-11	278	4	0.0310	0.0310	NUM
faba-11	278	5	0.0552	0.0552	NUM
faba-11	278	6	0.0430	0.0430	NUM
faba-11	278	7	constant	constant	ADJ
faba-11	278	8	coefficient	coefficient	NOUN
faba-11	278	9	(	(	PUNCT
faba-11	278	10	p	p	NOUN
faba-11	278	11	-	-	PUNCT
faba-11	278	12	value	value	NOUN
faba-11	278	13	)	)	PUNCT
faba-11	278	14	-1.0666	-1.0666	NOUN
faba-11	278	15	(	(	PUNCT
faba-11	278	16	0.035	0.035	NUM
faba-11	278	17	)	)	PUNCT
faba-11	278	18	-1.2467	-1.2467	NOUN
faba-11	278	19	(	(	PUNCT
faba-11	278	20	0.057	0.057	NUM
faba-11	278	21	)	)	PUNCT
faba-11	278	22	-0.7692	-0.7692	NOUN
faba-11	278	23	(	(	PUNCT
faba-11	278	24	0.064	0.064	NUM
faba-11	278	25	)	)	PUNCT
faba-11	278	26	logged	log	VERB
faba-11	278	27	trading	trading	NOUN
faba-11	278	28	volume	volume	NOUN
faba-11	278	29	’s	’s	PART
faba-11	278	30	coefficient	coefficient	NOUN
faba-11	278	31	(	(	PUNCT
faba-11	278	32	p	p	NOUN
faba-11	278	33	-	-	PUNCT
faba-11	278	34	value	value	NOUN
faba-11	278	35	)	)	PUNCT
faba-11	278	36	0.0598	0.0598	NUM
faba-11	278	37	(	(	PUNCT
faba-11	278	38	0.031	0.031	NUM
faba-11	278	39	)	)	PUNCT
faba-11	278	40	0.6667	0.6667	NUM
faba-11	278	41	(	(	PUNCT
faba-11	278	42	0.055	0.055	NUM
faba-11	278	43	)	)	PUNCT
faba-11	278	44	0.0436	0.0436	NUM
faba-11	278	45	(	(	PUNCT
faba-11	278	46	0.043	0.043	NUM
faba-11	278	47	)	)	PUNCT
faba-11	278	48	table	table	NOUN
faba-11	278	49	2	2	NUM
faba-11	278	50	:	:	PUNCT
faba-11	278	51	newey	newey	PROPN
faba-11	278	52	-	-	PUNCT
faba-11	278	53	west	west	PROPN
faba-11	278	54	regression	regression	PROPN
faba-11	278	55	result	result	NOUN
faba-11	278	56	for	for	ADP
faba-11	278	57	contemporaneous	contemporaneous	ADJ
faba-11	278	58	relationship	relationship	NOUN
faba-11	278	59	the	the	DET
faba-11	278	60	f	f	NOUN
faba-11	278	61	-	-	PUNCT
faba-11	278	62	statistic	statistic	NOUN
faba-11	278	63	indicates	indicate	VERB
faba-11	278	64	that	that	SCONJ
faba-11	278	65	the	the	DET
faba-11	278	66	model	model	NOUN
faba-11	278	67	for	for	ADP
faba-11	278	68	malaysia	malaysia	PROPN
faba-11	278	69	and	and	CCONJ
faba-11	278	70	indonesia	indonesia	PROPN
faba-11	278	71	are	be	AUX
faba-11	278	72	well	well	ADV
faba-11	278	73	-	-	PUNCT
faba-11	278	74	specified	specify	VERB
faba-11	278	75	;	;	PUNCT
faba-11	278	76	which	which	PRON
faba-11	278	77	is	be	AUX
faba-11	278	78	supported	support	VERB
faba-11	278	79	by	by	ADP
faba-11	278	80	the	the	DET
faba-11	278	81	significant	significant	ADJ
faba-11	278	82	p	p	NOUN
faba-11	278	83	-	-	PUNCT
faba-11	278	84	values	value	NOUN
faba-11	278	85	(	(	PUNCT
faba-11	278	86	0.031	0.031	NUM
faba-11	278	87	for	for	ADP
faba-11	278	88	malaysia	malaysia	PROPN
faba-11	278	89	and	and	CCONJ
faba-11	278	90	0.043	0.043	NUM
faba-11	278	91	for	for	ADP
faba-11	278	92	indonesia	indonesia	PROPN
faba-11	278	93	)	)	PUNCT
faba-11	278	94	.	.	PUNCT
faba-11	279	1	singapore	singapore	PROPN
faba-11	279	2	,	,	PUNCT
faba-11	279	3	however	however	ADV
faba-11	279	4	,	,	PUNCT
faba-11	279	5	fail	fail	VERB
faba-11	279	6	to	to	PART
faba-11	279	7	make	make	VERB
faba-11	279	8	the	the	DET
faba-11	279	9	cut	cut	NOUN
faba-11	279	10	as	as	SCONJ
faba-11	279	11	the	the	DET
faba-11	279	12	recorded	recorded	ADJ
faba-11	279	13	p	p	NOUN
faba-11	279	14	-	-	PUNCT
faba-11	279	15	value	value	NOUN
faba-11	279	16	of	of	ADP
faba-11	279	17	f	f	NOUN
faba-11	279	18	-	-	PUNCT
faba-11	279	19	stat	stat	PROPN
faba-11	279	20	is	be	AUX
faba-11	279	21	0.0552	0.0552	NUM
faba-11	279	22	,	,	PUNCT
faba-11	279	23	slightly	slightly	ADV
faba-11	279	24	higher	high	ADJ
faba-11	279	25	than	than	ADP
faba-11	279	26	0.05	0.05	NUM
faba-11	279	27	significance	significance	NOUN
faba-11	279	28	level	level	NOUN
faba-11	279	29	.	.	PUNCT
faba-11	280	1	however	however	ADV
faba-11	280	2	,	,	PUNCT
faba-11	280	3	this	this	DET
faba-11	280	4	value	value	NOUN
faba-11	280	5	is	be	AUX
faba-11	280	6	still	still	ADV
faba-11	280	7	acceptable	acceptable	ADJ
faba-11	280	8	since	since	SCONJ
faba-11	280	9	it	it	PRON
faba-11	280	10	is	be	AUX
faba-11	280	11	not	not	PART
faba-11	280	12	too	too	ADV
faba-11	280	13	far	far	ADV
faba-11	280	14	from	from	ADP
faba-11	280	15	0.05	0.05	NUM
faba-11	280	16	.	.	PUNCT
faba-11	281	1	in	in	ADP
faba-11	281	2	terms	term	NOUN
faba-11	281	3	of	of	ADP
faba-11	281	4	individual	individual	ADJ
faba-11	281	5	significance	significance	NOUN
faba-11	281	6	of	of	ADP
faba-11	281	7	the	the	DET
faba-11	281	8	independent	independent	ADJ
faba-11	281	9	variable	variable	NOUN
faba-11	281	10	,	,	PUNCT
faba-11	281	11	the	the	DET
faba-11	281	12	trading	trading	NOUN
faba-11	281	13	volume	volume	NOUN
faba-11	281	14	is	be	AUX
faba-11	281	15	found	find	VERB
faba-11	281	16	to	to	PART
faba-11	281	17	be	be	AUX
faba-11	281	18	significantly	significantly	ADV
faba-11	281	19	related	relate	VERB
faba-11	281	20	to	to	ADP
faba-11	281	21	stock	stock	NOUN
faba-11	281	22	returns	return	NOUN
faba-11	281	23	in	in	ADP
faba-11	281	24	malaysia	malaysia	PROPN
faba-11	281	25	and	and	CCONJ
faba-11	281	26	indonesia	indonesia	PROPN
faba-11	281	27	in	in	ADP
faba-11	281	28	95	95	NUM
faba-11	281	29	%	%	NOUN
faba-11	281	30	confidence	confidence	NOUN
faba-11	281	31	interval	interval	NOUN
faba-11	281	32	as	as	SCONJ
faba-11	281	33	the	the	DET
faba-11	281	34	countries	country	NOUN
faba-11	281	35	recorded	record	VERB
faba-11	281	36	p	p	NOUN
faba-11	281	37	-	-	PUNCT
faba-11	281	38	values	value	NOUN
faba-11	281	39	of	of	ADP
faba-11	281	40	t	t	PROPN
faba-11	281	41	-	-	PUNCT
faba-11	281	42	statistics	statistic	NOUN
faba-11	281	43	of	of	ADP
faba-11	281	44	0.031	0.031	NUM
faba-11	281	45	and	and	CCONJ
faba-11	281	46	0.043	0.043	NUM
faba-11	281	47	respectively	respectively	ADV
faba-11	281	48	.	.	PUNCT
faba-11	282	1	both	both	DET
faba-11	282	2	p	p	NOUN
faba-11	282	3	-	-	PUNCT
faba-11	282	4	values	value	NOUN
faba-11	282	5	are	be	AUX
faba-11	282	6	significantly	significantly	ADV
faba-11	282	7	lower	low	ADJ
faba-11	282	8	than	than	ADP
faba-11	282	9	0.05	0.05	NUM
faba-11	282	10	,	,	PUNCT
faba-11	282	11	hence	hence	ADV
faba-11	282	12	the	the	DET
faba-11	282	13	null	null	ADJ
faba-11	282	14	hypothesis	hypothesis	NOUN
faba-11	282	15	for	for	ADP
faba-11	282	16	both	both	DET
faba-11	282	17	countries	country	NOUN
faba-11	282	18	are	be	AUX
faba-11	282	19	successfully	successfully	ADV
faba-11	282	20	rejected	reject	VERB
faba-11	282	21	.	.	PUNCT
faba-11	283	1	thus	thus	ADV
faba-11	283	2	,	,	PUNCT
faba-11	283	3	it	it	PRON
faba-11	283	4	can	can	AUX
faba-11	283	5	be	be	AUX
faba-11	283	6	said	say	VERB
faba-11	283	7	that	that	SCONJ
faba-11	283	8	trading	trading	NOUN
faba-11	283	9	volumes	volume	NOUN
faba-11	283	10	have	have	VERB
faba-11	283	11	positive	positive	ADJ
faba-11	283	12	predictive	predictive	ADJ
faba-11	283	13	power	power	NOUN
faba-11	283	14	over	over	ADP
faba-11	283	15	stock	stock	NOUN
faba-11	283	16	returns	return	NOUN
faba-11	283	17	in	in	ADP
faba-11	283	18	both	both	PRON
faba-11	283	19	of	of	ADP
faba-11	283	20	the	the	DET
faba-11	283	21	two	two	NUM
faba-11	283	22	countries	country	NOUN
faba-11	283	23	.	.	PUNCT
faba-11	284	1	since	since	SCONJ
faba-11	284	2	trading	trade	VERB
faba-11	284	3	volumes	volume	NOUN
faba-11	284	4	in	in	ADP
faba-11	284	5	all	all	DET
faba-11	284	6	countries	country	NOUN
faba-11	284	7	had	have	AUX
faba-11	284	8	shown	show	VERB
faba-11	284	9	significant	significant	ADJ
faba-11	284	10	positive	positive	ADJ
faba-11	284	11	association	association	NOUN
faba-11	284	12	to	to	ADP
faba-11	284	13	the	the	DET
faba-11	284	14	stock	stock	NOUN
faba-11	284	15	market	market	NOUN
faba-11	284	16	return	return	NOUN
faba-11	284	17	,	,	PUNCT
faba-11	284	18	the	the	DET
faba-11	284	19	analysis	analysis	NOUN
faba-11	284	20	is	be	AUX
faba-11	284	21	taken	take	VERB
faba-11	284	22	a	a	DET
faba-11	284	23	bit	bit	NOUN
faba-11	284	24	further	far	ADV
faba-11	284	25	to	to	PART
faba-11	284	26	consider	consider	VERB
faba-11	284	27	the	the	DET
faba-11	284	28	effects	effect	NOUN
faba-11	284	29	of	of	ADP
faba-11	284	30	conditional	conditional	ADJ
faba-11	284	31	variances	variance	NOUN
faba-11	284	32	and	and	CCONJ
faba-11	284	33	establish	establish	VERB
faba-11	284	34	more	more	ADJ
faba-11	284	35	rigor	rigor	NOUN
faba-11	284	36	into	into	ADP
faba-11	284	37	the	the	DET
faba-11	284	38	findings	finding	NOUN
faba-11	284	39	.	.	PUNCT
faba-11	285	1	this	this	PRON
faba-11	285	2	is	be	AUX
faba-11	285	3	undertaken	undertake	VERB
faba-11	285	4	by	by	ADP
faba-11	285	5	running	run	VERB
faba-11	285	6	the	the	DET
faba-11	285	7	following	follow	VERB
faba-11	285	8	garch	garch	NOUN
faba-11	285	9	(	(	PUNCT
faba-11	285	10	1,1	1,1	NUM
faba-11	285	11	)	)	PUNCT
faba-11	285	12	estimations	estimation	NOUN
faba-11	285	13	.	.	PUNCT
faba-11	286	1	garch	garch	NOUN
faba-11	286	2	(	(	PUNCT
faba-11	286	3	1,1	1,1	NUM
faba-11	286	4	)	)	PUNCT
faba-11	286	5	model	model	NOUN
faba-11	286	6	on	on	ADP
faba-11	286	7	top	top	NOUN
faba-11	286	8	of	of	ADP
faba-11	286	9	the	the	DET
faba-11	286	10	newey	newey	PROPN
faba-11	286	11	-	-	PUNCT
faba-11	286	12	west	west	PROPN
faba-11	286	13	regression	regression	PROPN
faba-11	286	14	,	,	PUNCT
faba-11	286	15	garch	garch	NOUN
faba-11	286	16	(	(	PUNCT
faba-11	286	17	1,1	1,1	NUM
faba-11	286	18	)	)	PUNCT
faba-11	286	19	test	test	NOUN
faba-11	286	20	for	for	ADP
faba-11	286	21	contemporaneous	contemporaneous	ADJ
faba-11	286	22	relationships	relationship	NOUN
faba-11	286	23	is	be	AUX
faba-11	286	24	undertaken	undertake	VERB
faba-11	286	25	in	in	ADP
faba-11	286	26	order	order	NOUN
faba-11	286	27	to	to	PART
faba-11	286	28	include	include	VERB
faba-11	286	29	other	other	ADJ
faba-11	286	30	effects	effect	NOUN
faba-11	286	31	on	on	ADP
faba-11	286	32	conditional	conditional	ADJ
faba-11	286	33	variances	variance	NOUN
faba-11	286	34	into	into	ADP
faba-11	286	35	the	the	DET
faba-11	286	36	estimation	estimation	NOUN
faba-11	286	37	.	.	PUNCT
faba-11	287	1	this	this	DET
faba-11	287	2	model	model	NOUN
faba-11	287	3	has	have	VERB
faba-11	287	4	the	the	DET
faba-11	287	5	advantage	advantage	NOUN
faba-11	287	6	of	of	ADP
faba-11	287	7	offering	offer	VERB
faba-11	287	8	considerable	considerable	ADJ
faba-11	287	9	flexibility	flexibility	NOUN
faba-11	287	10	in	in	ADP
faba-11	287	11	robust	robust	ADJ
faba-11	287	12	modeling	modeling	NOUN
faba-11	287	13	of	of	ADP
faba-11	287	14	stock	stock	NOUN
faba-11	287	15	returns	return	NOUN
faba-11	287	16	,	,	PUNCT
faba-11	287	17	hence	hence	ADV
faba-11	287	18	is	be	AUX
faba-11	287	19	used	use	VERB
faba-11	287	20	to	to	PART
faba-11	287	21	complement	complement	VERB
faba-11	287	22	the	the	DET
faba-11	287	23	earlier	early	ADJ
faba-11	287	24	findings	finding	NOUN
faba-11	287	25	.	.	PUNCT
faba-11	288	1	the	the	DET
faba-11	288	2	results	result	NOUN
faba-11	288	3	are	be	AUX
faba-11	288	4	presented	present	VERB
faba-11	288	5	in	in	ADP
faba-11	288	6	table	table	NOUN
faba-11	288	7	3	3	NUM
faba-11	288	8	below	below	ADV
faba-11	288	9	:	:	PUNCT
faba-11	288	10	z	z	X
faba-11	288	11	-	-	PUNCT
faba-11	288	12	statistics	statistic	NOUN
faba-11	288	13	malaysia	malaysia	PROPN
faba-11	288	14	singapore	singapore	PROPN
faba-11	288	15	indonesia	indonesia	PROPN
faba-11	288	16	constant	constant	ADJ
faba-11	288	17	(	(	PUNCT
faba-11	288	18	θ	θ	NOUN
faba-11	288	19	)	)	PUNCT
faba-11	288	20	(	(	PUNCT
faba-11	288	21	p	p	NOUN
faba-11	288	22	-	-	PUNCT
faba-11	288	23	values	value	NOUN
faba-11	288	24	)	)	PUNCT
faba-11	288	25	-2.195087	-2.195087	PUNCT
faba-11	289	1	(	(	PUNCT
faba-11	289	2	0.0000	0.0000	NUM
faba-11	289	3	)	)	PUNCT
faba-11	289	4	-1.887198	-1.887198	NOUN
faba-11	289	5	(	(	PUNCT
faba-11	289	6	0.0001	0.0001	NUM
faba-11	289	7	)	)	PUNCT
faba-11	289	8	-0.3355161	-0.3355161	NOUN
faba-11	289	9	(	(	PUNCT
faba-11	289	10	0.3250	0.3250	NUM
faba-11	289	11	)	)	PUNCT
faba-11	289	12	trading	trading	NOUN
faba-11	289	13	volume	volume	NOUN
faba-11	289	14	(	(	PUNCT
faba-11	289	15	ω	ω	NOUN
faba-11	289	16	)	)	PUNCT
faba-11	289	17	(	(	PUNCT
faba-11	289	18	p	p	NOUN
faba-11	289	19	-	-	PUNCT
faba-11	289	20	values	value	NOUN
faba-11	289	21	)	)	PUNCT
faba-11	290	1	0.122139	0.122139	NUM
faba-11	290	2	(	(	PUNCT
faba-11	290	3	0.0000	0.0000	NUM
faba-11	290	4	)	)	PUNCT
faba-11	290	5	0.1023116	0.1023116	NUM
faba-11	290	6	(	(	PUNCT
faba-11	290	7	0.0250	0.0250	NUM
faba-11	290	8	)	)	PUNCT
faba-11	290	9	0.024855	0.024855	NUM
faba-11	290	10	(	(	PUNCT
faba-11	290	11	0.1600	0.1600	NUM
faba-11	290	12	)	)	PUNCT
faba-11	290	13	table	table	NOUN
faba-11	290	14	3	3	NUM
faba-11	290	15	:	:	PUNCT
faba-11	290	16	garch	garch	NOUN
faba-11	290	17	(	(	PUNCT
faba-11	290	18	1,1	1,1	NUM
faba-11	290	19	)	)	PUNCT
faba-11	290	20	regression	regression	NOUN
faba-11	290	21	result	result	NOUN
faba-11	290	22	for	for	ADP
faba-11	290	23	contemporaneous	contemporaneous	ADJ
faba-11	290	24	relationship	relationship	NOUN
faba-11	290	25	1	1	NUM
faba-11	290	26	6	6	NUM
faba-11	290	27	1	1	NUM
faba-11	290	28	7	7	NUM
faba-11	290	29	1	1	NUM
faba-11	290	30	8	8	NUM
faba-11	290	31	1	1	NUM
faba-11	290	32	9	9	NUM
faba-11	290	33	2	2	NUM
faba-11	290	34	0	0	NUM
faba-11	290	35	2	2	NUM
faba-11	290	36	1	1	NUM
faba-11	290	37	lv	lv	PROPN
faba-11	290	38	o	o	NOUN
faba-11	290	39	l	l	NOUN
faba-11	290	40	_	_	PUNCT
faba-11	291	1	k	k	PROPN
faba-11	291	2	lc	lc	PROPN
faba-11	292	1	i	i	PRON
faba-11	292	2	01jan1960	01jan1960	PUNCT
faba-11	292	3	01jan1962	01jan1962	NOUN
faba-11	293	1	01jan1964	01jan1964	PUNCT
faba-11	294	1	01jan1966	01jan1966	NOUN
faba-11	294	2	01jan1968	01jan1968	PUNCT
faba-11	294	3	01jan1970	01jan1970	X
faba-11	295	1	date_code	date_code	PROPN
faba-11	295	2	1	1	NUM
faba-11	295	3	6	6	NUM
faba-11	295	4	1	1	NUM
faba-11	295	5	7	7	NUM
faba-11	295	6	1	1	NUM
faba-11	295	7	8	8	NUM
faba-11	295	8	1	1	NUM
faba-11	295	9	9	9	NUM
faba-11	295	10	2	2	NUM
faba-11	295	11	0	0	NUM
faba-11	295	12	2	2	NUM
faba-11	295	13	1	1	NUM
faba-11	295	14	lv	lv	PROPN
faba-11	295	15	o	o	NOUN
faba-11	295	16	l	l	NOUN
faba-11	295	17	_	_	PUNCT
faba-11	295	18	s	s	VERB
faba-11	295	19	ti	ti	X
faba-11	295	20	01jan2000	01jan2000	NUM
faba-11	295	21	01jan2005	01jan2005	NOUN
faba-11	296	1	01jan2010	01jan2010	NOUN
faba-11	296	2	01jan2015	01jan2015	PUNCT
faba-11	297	1	daily	daily	ADJ
faba-11	297	2	1	1	NUM
faba-11	297	3	6	6	NUM
faba-11	297	4	1	1	NUM
faba-11	297	5	8	8	NUM
faba-11	297	6	2	2	NUM
faba-11	297	7	0	0	NUM
faba-11	297	8	2	2	NUM
faba-11	297	9	2	2	NUM
faba-11	297	10	2	2	NUM
faba-11	297	11	4	4	NUM
faba-11	297	12	lv	lv	NOUN
faba-11	297	13	o	o	NOUN
faba-11	297	14	l	l	NOUN
faba-11	297	15	_	_	PUNCT
faba-11	298	1	jc	jc	PROPN
faba-11	299	1	i	i	PRON
faba-11	299	2	01jan2000	01jan2000	NUM
faba-11	299	3	01jan2005	01jan2005	X
faba-11	300	1	01jan2010	01jan2010	NOUN
faba-11	300	2	01jan2015	01jan2015	PROPN
faba-11	301	1	daily	daily	PROPN
faba-11	301	2	m.r	m.r	PROPN
faba-11	301	3	.	.	PROPN
faba-11	301	4	miseman	miseman	PROPN
faba-11	301	5	et	et	PROPN
faba-11	301	6	al	al	PROPN
faba-11	301	7	.	.	PUNCT
faba-11	301	8	/	/	SYM
faba-11	301	9	finance	finance	NOUN
faba-11	301	10	,	,	PUNCT
faba-11	301	11	accounting	accounting	NOUN
faba-11	301	12	and	and	CCONJ
faba-11	301	13	business	business	NOUN
faba-11	301	14	analisys	analisys	NOUN
faba-11	301	15	11	11	NUM
faba-11	301	16	trading	trading	NOUN
faba-11	301	17	volume	volume	NOUN
faba-11	301	18	is	be	AUX
faba-11	301	19	found	find	VERB
faba-11	301	20	to	to	PART
faba-11	301	21	have	have	VERB
faba-11	301	22	a	a	DET
faba-11	301	23	positive	positive	ADJ
faba-11	301	24	contemporaneous	contemporaneous	ADJ
faba-11	301	25	relationship	relationship	NOUN
faba-11	301	26	to	to	ADP
faba-11	301	27	the	the	DET
faba-11	301	28	malaysian	malaysian	ADJ
faba-11	301	29	stock	stock	NOUN
faba-11	301	30	market	market	NOUN
faba-11	301	31	return	return	NOUN
faba-11	301	32	that	that	PRON
faba-11	301	33	is	be	AUX
faba-11	301	34	similar	similar	ADJ
faba-11	301	35	to	to	ADP
faba-11	301	36	the	the	DET
faba-11	301	37	results	result	NOUN
faba-11	301	38	found	find	VERB
faba-11	301	39	from	from	ADP
faba-11	301	40	the	the	DET
faba-11	301	41	newey	newey	PROPN
faba-11	301	42	-	-	PUNCT
faba-11	301	43	west	west	PROPN
faba-11	301	44	regression	regression	PROPN
faba-11	301	45	.	.	PUNCT
faba-11	302	1	the	the	DET
faba-11	302	2	relationship	relationship	NOUN
faba-11	302	3	is	be	AUX
faba-11	302	4	significant	significant	ADJ
faba-11	302	5	at	at	ADP
faba-11	302	6	1	1	NUM
faba-11	302	7	%	%	NOUN
faba-11	302	8	,	,	PUNCT
faba-11	302	9	since	since	SCONJ
faba-11	302	10	a	a	DET
faba-11	302	11	p	p	NOUN
faba-11	302	12	-	-	PUNCT
faba-11	302	13	value	value	NOUN
faba-11	302	14	of	of	ADP
faba-11	302	15	0.000	0.000	NUM
faba-11	302	16	is	be	AUX
faba-11	302	17	obtained	obtain	VERB
faba-11	302	18	and	and	CCONJ
faba-11	302	19	hence	hence	ADV
faba-11	302	20	the	the	DET
faba-11	302	21	null	null	ADJ
faba-11	302	22	hypothesis	hypothesis	NOUN
faba-11	302	23	is	be	AUX
faba-11	302	24	rejected	reject	VERB
faba-11	302	25	.	.	PUNCT
faba-11	303	1	for	for	ADP
faba-11	303	2	the	the	DET
faba-11	303	3	sake	sake	NOUN
faba-11	303	4	of	of	ADP
faba-11	303	5	forecasting	forecasting	NOUN
faba-11	303	6	,	,	PUNCT
faba-11	303	7	the	the	DET
faba-11	303	8	0.1221	0.1221	NUM
faba-11	303	9	omega	omega	NOUN
faba-11	303	10	coefficient	coefficient	NOUN
faba-11	303	11	carries	carry	VERB
faba-11	303	12	the	the	DET
faba-11	303	13	implication	implication	NOUN
faba-11	303	14	that	that	SCONJ
faba-11	303	15	any	any	DET
faba-11	303	16	1	1	NUM
faba-11	303	17	%	%	NOUN
faba-11	303	18	increase	increase	NOUN
faba-11	303	19	in	in	ADP
faba-11	303	20	trading	trading	NOUN
faba-11	303	21	volume	volume	NOUN
faba-11	303	22	will	will	AUX
faba-11	303	23	increase	increase	VERB
faba-11	303	24	the	the	DET
faba-11	303	25	malaysian	malaysian	ADJ
faba-11	303	26	stock	stock	NOUN
faba-11	303	27	market	market	NOUN
faba-11	303	28	return	return	NOUN
faba-11	303	29	by	by	ADP
faba-11	303	30	0.1221	0.1221	NUM
faba-11	303	31	%	%	NOUN
faba-11	303	32	,	,	PUNCT
faba-11	303	33	ceteris	ceteris	NOUN
faba-11	303	34	paribus	paribus	NOUN
faba-11	303	35	.	.	PUNCT
faba-11	304	1	for	for	ADP
faba-11	304	2	singapore	singapore	PROPN
faba-11	304	3	,	,	PUNCT
faba-11	304	4	the	the	DET
faba-11	304	5	result	result	NOUN
faba-11	304	6	shows	show	VERB
faba-11	304	7	that	that	SCONJ
faba-11	304	8	a	a	DET
faba-11	304	9	positive	positive	ADJ
faba-11	304	10	dynamic	dynamic	ADJ
faba-11	304	11	relationship	relationship	NOUN
faba-11	304	12	does	do	AUX
faba-11	304	13	exist	exist	VERB
faba-11	304	14	between	between	ADP
faba-11	304	15	trading	trading	NOUN
faba-11	304	16	volume	volume	NOUN
faba-11	304	17	and	and	CCONJ
faba-11	304	18	stock	stock	NOUN
faba-11	304	19	market	market	NOUN
faba-11	304	20	return	return	NOUN
faba-11	304	21	in	in	ADP
faba-11	304	22	the	the	DET
faba-11	304	23	market	market	NOUN
faba-11	304	24	,	,	PUNCT
faba-11	304	25	also	also	ADV
faba-11	304	26	corroborating	corroborate	VERB
faba-11	304	27	to	to	ADP
faba-11	304	28	the	the	DET
faba-11	304	29	results	result	NOUN
faba-11	304	30	found	find	VERB
faba-11	304	31	in	in	ADP
faba-11	304	32	newey	newey	PROPN
faba-11	304	33	-	-	PUNCT
faba-11	304	34	west	west	PROPN
faba-11	304	35	regression	regression	NOUN
faba-11	304	36	earlier	early	ADV
faba-11	304	37	.	.	PUNCT
faba-11	305	1	the	the	DET
faba-11	305	2	null	null	ADJ
faba-11	305	3	hypothesis	hypothesis	NOUN
faba-11	305	4	is	be	AUX
faba-11	305	5	successfully	successfully	ADV
faba-11	305	6	rejected	reject	VERB
faba-11	305	7	as	as	SCONJ
faba-11	305	8	the	the	DET
faba-11	305	9	calculated	calculated	ADJ
faba-11	305	10	p	p	NOUN
faba-11	305	11	-	-	PUNCT
faba-11	305	12	value	value	NOUN
faba-11	305	13	is	be	AUX
faba-11	305	14	significant	significant	ADJ
faba-11	305	15	at	at	ADP
faba-11	305	16	0.025	0.025	NUM
faba-11	305	17	.	.	PUNCT
faba-11	306	1	the	the	DET
faba-11	306	2	elasticity	elasticity	NOUN
faba-11	306	3	coefficients	coefficient	NOUN
faba-11	306	4	imply	imply	VERB
faba-11	306	5	that	that	SCONJ
faba-11	306	6	on	on	ADP
faba-11	306	7	average	average	ADJ
faba-11	306	8	,	,	PUNCT
faba-11	306	9	any	any	DET
faba-11	306	10	1	1	NUM
faba-11	306	11	%	%	NOUN
faba-11	306	12	increase	increase	NOUN
faba-11	306	13	in	in	ADP
faba-11	306	14	trading	trading	NOUN
faba-11	306	15	volume	volume	NOUN
faba-11	306	16	will	will	AUX
faba-11	306	17	add	add	VERB
faba-11	306	18	to	to	ADP
faba-11	306	19	the	the	DET
faba-11	306	20	stock	stock	NOUN
faba-11	306	21	index	index	NOUN
faba-11	306	22	return	return	NOUN
faba-11	306	23	by	by	ADP
faba-11	306	24	0.10	0.10	NUM
faba-11	306	25	%	%	NOUN
faba-11	306	26	,	,	PUNCT
faba-11	306	27	all	all	PRON
faba-11	306	28	else	else	ADV
faba-11	306	29	being	be	AUX
faba-11	306	30	equal	equal	ADJ
faba-11	306	31	.	.	PUNCT
faba-11	307	1	nevertheless	nevertheless	ADV
faba-11	307	2	,	,	PUNCT
faba-11	307	3	the	the	DET
faba-11	307	4	effect	effect	NOUN
faba-11	307	5	is	be	AUX
faba-11	307	6	minimal	minimal	ADJ
faba-11	307	7	since	since	SCONJ
faba-11	307	8	the	the	DET
faba-11	307	9	value	value	NOUN
faba-11	307	10	of	of	ADP
faba-11	307	11	coefficient	coefficient	NOUN
faba-11	307	12	is	be	AUX
faba-11	307	13	quite	quite	ADV
faba-11	307	14	small	small	ADJ
faba-11	307	15	.	.	PUNCT
faba-11	308	1	in	in	ADP
faba-11	308	2	contrary	contrary	ADV
faba-11	308	3	to	to	ADP
faba-11	308	4	the	the	DET
faba-11	308	5	previous	previous	ADJ
faba-11	308	6	results	result	NOUN
faba-11	308	7	,	,	PUNCT
faba-11	308	8	the	the	DET
faba-11	308	9	indonesian	indonesian	ADJ
faba-11	308	10	market	market	NOUN
faba-11	308	11	,	,	PUNCT
faba-11	308	12	however	however	ADV
faba-11	308	13	,	,	PUNCT
faba-11	308	14	exhibit	exhibit	VERB
faba-11	308	15	no	no	DET
faba-11	308	16	significant	significant	ADJ
faba-11	308	17	contemporaneous	contemporaneous	ADJ
faba-11	308	18	relationship	relationship	NOUN
faba-11	308	19	between	between	ADP
faba-11	308	20	trading	trading	NOUN
faba-11	308	21	volume	volume	NOUN
faba-11	308	22	and	and	CCONJ
faba-11	308	23	stock	stock	NOUN
faba-11	308	24	market	market	NOUN
faba-11	308	25	as	as	SCONJ
faba-11	308	26	the	the	DET
faba-11	308	27	independent	independent	ADJ
faba-11	308	28	variable	variable	NOUN
faba-11	308	29	failed	fail	VERB
faba-11	308	30	to	to	PART
faba-11	308	31	register	register	VERB
faba-11	308	32	a	a	DET
faba-11	308	33	significant	significant	ADJ
faba-11	308	34	p	p	NOUN
faba-11	308	35	-	-	PUNCT
faba-11	308	36	value	value	NOUN
faba-11	308	37	(	(	PUNCT
faba-11	308	38	p	p	X
faba-11	308	39	=	=	PUNCT
faba-11	308	40	0.16	0.16	NUM
faba-11	308	41	>	>	X
faba-11	308	42	0.05	0.05	NUM
faba-11	308	43	)	)	PUNCT
faba-11	308	44	.	.	PUNCT
faba-11	309	1	unlike	unlike	ADP
faba-11	309	2	the	the	DET
faba-11	309	3	other	other	ADJ
faba-11	309	4	two	two	NUM
faba-11	309	5	markets	market	NOUN
faba-11	309	6	,	,	PUNCT
faba-11	309	7	the	the	DET
faba-11	309	8	null	null	ADJ
faba-11	309	9	hypothesis	hypothesis	NOUN
faba-11	309	10	for	for	ADP
faba-11	309	11	the	the	DET
faba-11	309	12	indonesian	indonesian	ADJ
faba-11	309	13	case	case	NOUN
faba-11	309	14	is	be	AUX
faba-11	309	15	failed	fail	VERB
faba-11	309	16	to	to	PART
faba-11	309	17	be	be	AUX
faba-11	309	18	rejected	reject	VERB
faba-11	309	19	and	and	CCONJ
faba-11	309	20	hence	hence	ADV
faba-11	309	21	,	,	PUNCT
faba-11	309	22	slightly	slightly	ADV
faba-11	309	23	contradictory	contradictory	ADJ
faba-11	309	24	to	to	ADP
faba-11	309	25	the	the	DET
faba-11	309	26	findings	finding	NOUN
faba-11	309	27	in	in	ADP
faba-11	309	28	newey	newey	PROPN
faba-11	309	29	-	-	PUNCT
faba-11	309	30	west	west	NOUN
faba-11	309	31	technique	technique	NOUN
faba-11	309	32	.	.	PUNCT
faba-11	310	1	this	this	PRON
faba-11	310	2	also	also	ADV
faba-11	310	3	indicates	indicate	VERB
faba-11	310	4	the	the	DET
faba-11	310	5	presence	presence	NOUN
faba-11	310	6	of	of	ADP
faba-11	310	7	heteroskedasticity	heteroskedasticity	NOUN
faba-11	310	8	in	in	ADP
faba-11	310	9	the	the	DET
faba-11	310	10	indonesian	indonesian	ADJ
faba-11	310	11	dataset	dataset	NOUN
faba-11	310	12	,	,	PUNCT
faba-11	310	13	which	which	PRON
faba-11	310	14	is	be	AUX
faba-11	310	15	greatly	greatly	ADV
faba-11	310	16	constrained	constrain	VERB
faba-11	310	17	and	and	CCONJ
faba-11	310	18	penalized	penalize	VERB
faba-11	310	19	by	by	ADP
faba-11	310	20	the	the	DET
faba-11	310	21	garch	garch	NOUN
faba-11	310	22	(	(	PUNCT
faba-11	310	23	1,1	1,1	NUM
faba-11	310	24	)	)	PUNCT
faba-11	310	25	method	method	NOUN
faba-11	310	26	.	.	PUNCT
faba-11	311	1	hence	hence	ADV
faba-11	311	2	,	,	PUNCT
faba-11	311	3	several	several	ADJ
faba-11	311	4	overall	overall	ADJ
faba-11	311	5	conclusions	conclusion	NOUN
faba-11	311	6	can	can	AUX
faba-11	311	7	be	be	AUX
faba-11	311	8	drawn	draw	VERB
faba-11	311	9	out	out	ADP
faba-11	311	10	of	of	ADP
faba-11	311	11	the	the	DET
faba-11	311	12	findings	finding	NOUN
faba-11	311	13	from	from	ADP
faba-11	311	14	these	these	DET
faba-11	311	15	two	two	NUM
faba-11	311	16	techniques	technique	NOUN
faba-11	311	17	.	.	PUNCT
faba-11	312	1	firstly	firstly	ADV
faba-11	312	2	,	,	PUNCT
faba-11	312	3	trading	trading	NOUN
faba-11	312	4	volume	volume	NOUN
faba-11	312	5	in	in	ADP
faba-11	312	6	all	all	DET
faba-11	312	7	markets	market	NOUN
faba-11	312	8	are	be	AUX
faba-11	312	9	significant	significant	ADJ
faba-11	312	10	in	in	ADP
faba-11	312	11	explaining	explain	VERB
faba-11	312	12	stock	stock	NOUN
faba-11	312	13	market	market	NOUN
faba-11	312	14	returns	return	NOUN
faba-11	312	15	under	under	ADP
faba-11	312	16	both	both	DET
faba-11	312	17	methods	method	NOUN
faba-11	312	18	,	,	PUNCT
faba-11	312	19	with	with	ADP
faba-11	312	20	exception	exception	NOUN
faba-11	312	21	to	to	ADP
faba-11	312	22	the	the	DET
faba-11	312	23	indonesian	indonesian	ADJ
faba-11	312	24	case	case	NOUN
faba-11	312	25	.	.	PUNCT
faba-11	313	1	secondly	secondly	ADV
faba-11	313	2	,	,	PUNCT
faba-11	313	3	it	it	PRON
faba-11	313	4	can	can	AUX
faba-11	313	5	be	be	AUX
faba-11	313	6	generally	generally	ADV
faba-11	313	7	deduced	deduce	VERB
faba-11	313	8	that	that	SCONJ
faba-11	313	9	trading	trading	NOUN
faba-11	313	10	volume	volume	NOUN
faba-11	313	11	has	have	VERB
faba-11	313	12	positive	positive	ADJ
faba-11	313	13	relationship	relationship	NOUN
faba-11	313	14	with	with	ADP
faba-11	313	15	stock	stock	NOUN
faba-11	313	16	market	market	NOUN
faba-11	313	17	returns	return	NOUN
faba-11	313	18	,	,	PUNCT
faba-11	313	19	hence	hence	ADV
faba-11	313	20	,	,	PUNCT
faba-11	313	21	an	an	DET
faba-11	313	22	increase	increase	NOUN
faba-11	313	23	in	in	ADP
faba-11	313	24	trading	trading	NOUN
faba-11	313	25	volume	volume	NOUN
faba-11	313	26	will	will	AUX
faba-11	313	27	increase	increase	VERB
faba-11	313	28	stock	stock	NOUN
faba-11	313	29	return	return	NOUN
faba-11	313	30	.	.	PUNCT
faba-11	314	1	thirdly	thirdly	ADV
faba-11	314	2	,	,	PUNCT
faba-11	314	3	the	the	DET
faba-11	314	4	effect	effect	NOUN
faba-11	314	5	or	or	CCONJ
faba-11	314	6	elasticity	elasticity	NOUN
faba-11	314	7	of	of	ADP
faba-11	314	8	return	return	NOUN
faba-11	314	9	to	to	ADP
faba-11	314	10	changes	change	NOUN
faba-11	314	11	in	in	ADP
faba-11	314	12	trading	trading	NOUN
faba-11	314	13	volume	volume	NOUN
faba-11	314	14	is	be	AUX
faba-11	314	15	very	very	ADV
faba-11	314	16	small	small	ADJ
faba-11	314	17	;	;	PUNCT
faba-11	314	18	and	and	CCONJ
faba-11	314	19	fourthly	fourthly	ADV
faba-11	314	20	,	,	PUNCT
faba-11	314	21	there	there	PRON
faba-11	314	22	has	have	VERB
faba-11	314	23	to	to	PART
faba-11	314	24	be	be	AUX
faba-11	314	25	a	a	DET
faba-11	314	26	large	large	ADJ
faba-11	314	27	change	change	NOUN
faba-11	314	28	in	in	ADP
faba-11	314	29	trading	trading	NOUN
faba-11	314	30	volume	volume	NOUN
faba-11	314	31	before	before	SCONJ
faba-11	314	32	it	it	PRON
faba-11	314	33	can	can	AUX
faba-11	314	34	result	result	VERB
faba-11	314	35	in	in	ADP
faba-11	314	36	moderate	moderate	ADJ
faba-11	314	37	level	level	NOUN
faba-11	314	38	of	of	ADP
faba-11	314	39	change	change	NOUN
faba-11	314	40	in	in	ADP
faba-11	314	41	stock	stock	NOUN
faba-11	314	42	returns	return	NOUN
faba-11	314	43	.	.	PUNCT
faba-11	315	1	these	these	DET
faba-11	315	2	findings	finding	NOUN
faba-11	315	3	will	will	AUX
faba-11	315	4	be	be	AUX
faba-11	315	5	further	far	ADV
faba-11	315	6	elaborated	elaborate	VERB
faba-11	315	7	in	in	ADP
faba-11	315	8	chapter	chapter	NOUN
faba-11	315	9	five	five	NUM
faba-11	315	10	,	,	PUNCT
faba-11	315	11	alongside	alongside	ADV
faba-11	315	12	with	with	ADP
faba-11	315	13	other	other	ADJ
faba-11	315	14	important	important	ADJ
faba-11	315	15	findings	finding	NOUN
faba-11	315	16	of	of	ADP
faba-11	315	17	the	the	DET
faba-11	315	18	study	study	NOUN
faba-11	315	19	.	.	PUNCT
faba-11	316	1	granger	granger	PROPN
faba-11	316	2	causality	causality	PROPN
faba-11	316	3	tests	test	VERB
faba-11	316	4	this	this	DET
faba-11	316	5	series	series	NOUN
faba-11	316	6	of	of	ADP
faba-11	316	7	tests	test	NOUN
faba-11	316	8	are	be	AUX
faba-11	316	9	intended	intend	VERB
faba-11	316	10	to	to	PART
faba-11	316	11	check	check	VERB
faba-11	316	12	on	on	ADP
faba-11	316	13	the	the	DET
faba-11	316	14	validity	validity	NOUN
faba-11	316	15	of	of	ADP
faba-11	316	16	hypotheses	hypothesis	NOUN
faba-11	316	17	number	number	NOUN
faba-11	316	18	two	two	NUM
faba-11	316	19	and	and	CCONJ
faba-11	316	20	three	three	NUM
faba-11	316	21	.	.	PUNCT
faba-11	317	1	lag	lag	VERB
faba-11	317	2	length	length	NOUN
faba-11	317	3	for	for	SCONJ
faba-11	317	4	each	each	DET
faba-11	317	5	granger	granger	PROPN
faba-11	317	6	causality	causality	PROPN
faba-11	317	7	estimates	estimate	NOUN
faba-11	317	8	were	be	AUX
faba-11	317	9	obtained	obtain	VERB
faba-11	317	10	from	from	ADP
faba-11	317	11	the	the	DET
faba-11	317	12	regression	regression	NOUN
faba-11	317	13	.	.	PUNCT
faba-11	318	1	the	the	DET
faba-11	318	2	lag	lag	NOUN
faba-11	318	3	is	be	AUX
faba-11	318	4	chosen	choose	VERB
faba-11	318	5	based	base	VERB
faba-11	318	6	on	on	ADP
faba-11	318	7	the	the	DET
faba-11	318	8	aic	aic	PROPN
faba-11	318	9	,	,	PUNCT
faba-11	318	10	hqic	hqic	NOUN
faba-11	318	11	and	and	CCONJ
faba-11	318	12	sbic	sbic	ADJ
faba-11	318	13	,	,	PUNCT
faba-11	318	14	depending	depend	VERB
faba-11	318	15	on	on	ADP
faba-11	318	16	which	which	PRON
faba-11	318	17	lag	lag	NOUN
faba-11	318	18	received	receive	VERB
faba-11	318	19	the	the	DET
faba-11	318	20	most	most	ADJ
faba-11	318	21	asterisks	asterisk	NOUN
faba-11	318	22	from	from	ADP
faba-11	318	23	the	the	DET
faba-11	318	24	three	three	NUM
faba-11	318	25	measures	measure	NOUN
faba-11	318	26	.	.	PUNCT
faba-11	319	1	to	to	PART
faba-11	319	2	simplify	simplify	VERB
faba-11	319	3	the	the	DET
faba-11	319	4	task	task	NOUN
faba-11	319	5	,	,	PUNCT
faba-11	319	6	decision	decision	NOUN
faba-11	319	7	is	be	AUX
faba-11	319	8	also	also	ADV
faba-11	319	9	made	make	VERB
faba-11	319	10	based	base	VERB
faba-11	319	11	on	on	ADP
faba-11	319	12	the	the	DET
faba-11	319	13	p	p	NOUN
faba-11	319	14	-	-	PUNCT
faba-11	319	15	value	value	NOUN
faba-11	319	16	of	of	ADP
faba-11	319	17	each	each	DET
faba-11	319	18	lag	lag	NOUN
faba-11	319	19	,	,	PUNCT
faba-11	319	20	where	where	SCONJ
faba-11	319	21	the	the	DET
faba-11	319	22	highest	high	ADJ
faba-11	319	23	lag	lag	NOUN
faba-11	319	24	with	with	ADP
faba-11	319	25	significant	significant	ADJ
faba-11	319	26	pvalue	pvalue	NOUN
faba-11	319	27	(	(	PUNCT
faba-11	319	28	less	less	ADJ
faba-11	319	29	than	than	ADP
faba-11	319	30	0.05	0.05	NUM
faba-11	319	31	)	)	PUNCT
faba-11	319	32	is	be	AUX
faba-11	319	33	chosen	choose	VERB
faba-11	319	34	.	.	PUNCT
faba-11	320	1	table	table	NOUN
faba-11	320	2	4	4	NUM
faba-11	320	3	below	below	ADP
faba-11	320	4	summarizes	summarize	NOUN
faba-11	320	5	the	the	DET
faba-11	320	6	granger	granger	PROPN
faba-11	320	7	causality	causality	PROPN
faba-11	320	8	test	test	NOUN
faba-11	320	9	results	result	NOUN
faba-11	320	10	for	for	ADP
faba-11	320	11	each	each	DET
faba-11	320	12	pairs	pair	NOUN
faba-11	320	13	of	of	ADP
faba-11	320	14	volume	volume	NOUN
faba-11	320	15	and	and	CCONJ
faba-11	320	16	returns	return	NOUN
faba-11	320	17	.	.	PUNCT
faba-11	321	1	panel	panel	NOUN
faba-11	321	2	1	1	NUM
faba-11	321	3	highlights	highlight	NOUN
faba-11	321	4	the	the	DET
faba-11	321	5	causality	causality	NOUN
faba-11	321	6	running	run	VERB
faba-11	321	7	from	from	ADP
faba-11	321	8	trading	trade	VERB
faba-11	321	9	volumes	volume	NOUN
faba-11	321	10	to	to	ADP
faba-11	321	11	stock	stock	NOUN
faba-11	321	12	returns	return	NOUN
faba-11	321	13	and	and	CCONJ
faba-11	321	14	vice	vice	NOUN
faba-11	321	15	versa	versa	ADV
faba-11	321	16	within	within	ADP
faba-11	321	17	the	the	DET
faba-11	321	18	same	same	ADJ
faba-11	321	19	markets	market	NOUN
faba-11	321	20	while	while	SCONJ
faba-11	321	21	panel	panel	NOUN
faba-11	321	22	2	2	NUM
faba-11	321	23	of	of	ADP
faba-11	321	24	table	table	NOUN
faba-11	321	25	4	4	NUM
faba-11	321	26	contains	contain	VERB
faba-11	321	27	the	the	DET
faba-11	321	28	results	result	NOUN
faba-11	321	29	of	of	ADP
faba-11	321	30	causality	causality	NOUN
faba-11	321	31	among	among	ADP
faba-11	321	32	and	and	CCONJ
faba-11	321	33	between	between	ADP
faba-11	321	34	the	the	DET
faba-11	321	35	two	two	NUM
faba-11	321	36	variables	variable	NOUN
faba-11	321	37	in	in	ADP
faba-11	321	38	different	different	ADJ
faba-11	321	39	markets	market	NOUN
faba-11	321	40	.	.	PUNCT
faba-11	322	1	m.r	m.r	PROPN
faba-11	322	2	.	.	PROPN
faba-11	322	3	miseman	miseman	PROPN
faba-11	322	4	et	et	PROPN
faba-11	322	5	al	al	PROPN
faba-11	322	6	.	.	PUNCT
faba-11	322	7	/	/	SYM
faba-11	322	8	finance	finance	NOUN
faba-11	322	9	,	,	PUNCT
faba-11	322	10	accounting	accounting	NOUN
faba-11	322	11	and	and	CCONJ
faba-11	322	12	business	business	NOUN
faba-11	322	13	analisys	analisys	NOUN
faba-11	322	14	12	12	NUM
faba-11	322	15	null	null	ADJ
faba-11	322	16	hypotheses	hypothesis	NOUN
faba-11	322	17	obs	obs	VERB
faba-11	322	18	p	p	X
faba-11	322	19	>	>	X
faba-11	322	20	chi	chi	NOUN
faba-11	322	21	-	-	PUNCT
faba-11	322	22	sq	sq	PROPN
faba-11	322	23	lags	lag	VERB
faba-11	322	24	r	r	NOUN
faba-11	322	25	-	-	PUNCT
faba-11	322	26	sq	sq	ADJ
faba-11	322	27	prob	prob	NOUN
faba-11	322	28	.	.	PUNCT
faba-11	323	1	>	>	X
faba-11	324	1	f	f	PROPN
faba-11	324	2	–	–	PUNCT
faba-11	324	3	stat	stat	PROPN
faba-11	324	4	.	.	PUNCT
faba-11	325	1	panel	panel	NOUN
faba-11	325	2	1	1	NUM
faba-11	325	3	:	:	PUNCT
faba-11	325	4	between	between	ADP
faba-11	325	5	local	local	ADJ
faba-11	325	6	trading	trading	NOUN
faba-11	325	7	volumes	volume	NOUN
faba-11	325	8	and	and	CCONJ
faba-11	325	9	returns	return	NOUN
faba-11	325	10	for	for	ADP
faba-11	325	11	each	each	DET
faba-11	325	12	countries	country	NOUN
faba-11	325	13	lvol_klci	lvol_klci	NOUN
faba-11	325	14	does	do	AUX
faba-11	325	15	not	not	PART
faba-11	325	16	g	g	NOUN
faba-11	325	17	-	-	PUNCT
faba-11	325	18	cause	cause	VERB
faba-11	325	19	return_klci	return_klci	NOUN
faba-11	325	20	2,489	2,489	NUM
faba-11	325	21	0.0000	0.0000	NUM
faba-11	325	22	10	10	NUM
faba-11	325	23	0.0245	0.0245	NUM
faba-11	325	24	0.228	0.228	NUM
faba-11	325	25	return_klci	return_klci	NOUN
faba-11	325	26	does	do	AUX
faba-11	325	27	not	not	PART
faba-11	325	28	gcause	gcause	VERB
faba-11	325	29	lvol_klci	lvol_klci	NOUN
faba-11	325	30	0.0000	0.0000	NUM
faba-11	325	31	0.8280	0.8280	NUM
faba-11	325	32	0.056	0.056	NUM
faba-11	325	33	*	*	NOUN
faba-11	325	34	lvol_sti	lvol_sti	PROPN
faba-11	325	35	does	do	AUX
faba-11	325	36	not	not	PART
faba-11	325	37	g	g	NOUN
faba-11	325	38	-	-	PUNCT
faba-11	325	39	cause	cause	VERB
faba-11	325	40	return_sti	return_sti	NOUN
faba-11	325	41	2662	2662	NUM
faba-11	325	42	0.0221	0.0221	NUM
faba-11	325	43	6	6	NUM
faba-11	325	44	0.6828	0.6828	NUM
faba-11	325	45	0.344	0.344	NUM
faba-11	325	46	return_sti	return_sti	NOUN
faba-11	325	47	does	do	AUX
faba-11	325	48	not	not	PART
faba-11	325	49	gcause	gcause	VERB
faba-11	325	50	lvol_sti	lvol_sti	NOUN
faba-11	325	51	0.0000	0.0000	NUM
faba-11	325	52	0.0088	0.0088	NUM
faba-11	325	53	0.368	0.368	NUM
faba-11	325	54	lvol_jci	lvol_jci	NOUN
faba-11	325	55	does	do	AUX
faba-11	325	56	not	not	PART
faba-11	325	57	g	g	NOUN
faba-11	325	58	-	-	PUNCT
faba-11	325	59	cause	cause	VERB
faba-11	325	60	return_jci	return_jci	NOUN
faba-11	325	61	2104	2104	NUM
faba-11	325	62	0.0000	0.0000	NUM
faba-11	325	63	10	10	NUM
faba-11	325	64	0.8550	0.8550	NUM
faba-11	325	65	0.387	0.387	NUM
faba-11	325	66	return_jci	return_jci	NUM
faba-11	325	67	does	do	AUX
faba-11	325	68	not	not	PART
faba-11	325	69	g	g	NOUN
faba-11	325	70	-	-	PUNCT
faba-11	325	71	cause	cause	VERB
faba-11	325	72	lvol_jci	lvol_jci	PROPN
faba-11	325	73	0.0000	0.0000	NUM
faba-11	325	74	0.0295	0.0295	NUM
faba-11	325	75	0.502	0.502	NUM
faba-11	325	76	panel	panel	NOUN
faba-11	325	77	2	2	NUM
faba-11	325	78	:	:	PUNCT
faba-11	325	79	between	between	ADP
faba-11	325	80	cross	cross	ADJ
faba-11	325	81	-	-	ADJ
faba-11	325	82	country	country	ADJ
faba-11	325	83	trading	trading	NOUN
faba-11	325	84	volumes	volume	NOUN
faba-11	325	85	and	and	CCONJ
faba-11	325	86	returns	return	NOUN
faba-11	325	87	lvol_klci	lvol_klci	NOUN
faba-11	325	88	does	do	AUX
faba-11	325	89	not	not	PART
faba-11	325	90	g	g	NOUN
faba-11	325	91	-	-	PUNCT
faba-11	325	92	cause	cause	VERB
faba-11	325	93	return_sti	return_sti	NOUN
faba-11	325	94	2227	2227	NUM
faba-11	325	95	0.0000	0.0000	NUM
faba-11	325	96	10	10	NUM
faba-11	325	97	0.8207	0.8207	NUM
faba-11	325	98	0.847	0.847	NUM
faba-11	325	99	return_sti	return_sti	NOUN
faba-11	325	100	does	do	AUX
faba-11	325	101	not	not	PART
faba-11	325	102	gcause	gcause	VERB
faba-11	325	103	lvol_klci	lvol_klci	NOUN
faba-11	325	104	0.0032	0.0032	NUM
faba-11	325	105	0.0183	0.0183	NUM
faba-11	325	106	0.168	0.168	NUM
faba-11	325	107	lvol_klci	lvol_klci	NOUN
faba-11	325	108	does	do	AUX
faba-11	325	109	not	not	PART
faba-11	325	110	g	g	NOUN
faba-11	325	111	-	-	PUNCT
faba-11	325	112	cause	cause	VERB
faba-11	325	113	return_jci	return_jci	NUM
faba-11	325	114	2001	2001	NUM
faba-11	325	115	0.0000	0.0000	NUM
faba-11	325	116	8	8	NUM
faba-11	325	117	0.8344	0.8344	NUM
faba-11	325	118	0.848	0.848	NUM
faba-11	325	119	return_jci	return_jci	NUM
faba-11	325	120	does	do	AUX
faba-11	325	121	not	not	PART
faba-11	325	122	g	g	NOUN
faba-11	325	123	-	-	PUNCT
faba-11	325	124	cause	cause	VERB
faba-11	325	125	lvol_klci	lvol_klci	NOUN
faba-11	325	126	0.0634	0.0634	NUM
faba-11	325	127	0.0125	0.0125	NUM
faba-11	325	128	0.850	0.850	NUM
faba-11	325	129	lvol_sti	lvol_sti	PROPN
faba-11	325	130	does	do	AUX
faba-11	325	131	not	not	PART
faba-11	325	132	g	g	NOUN
faba-11	325	133	-	-	PUNCT
faba-11	325	134	cause	cause	VERB
faba-11	325	135	return_klci	return_klci	NOUN
faba-11	325	136	1454	1454	NUM
faba-11	325	137	0.0000	0.0000	NUM
faba-11	325	138	15	15	NUM
faba-11	325	139	0.6867	0.6867	NUM
faba-11	325	140	0.025	0.025	NUM
faba-11	325	141	*	*	PUNCT
faba-11	325	142	*	*	PUNCT
faba-11	325	143	return_klci	return_klci	NOUN
faba-11	325	144	does	do	AUX
faba-11	325	145	not	not	PART
faba-11	325	146	g	g	NOUN
faba-11	325	147	-	-	PUNCT
faba-11	325	148	cause	cause	VERB
faba-11	325	149	lvol_sti	lvol_sti	NOUN
faba-11	325	150	0.0000	0.0000	NUM
faba-11	325	151	0.0753	0.0753	NUM
faba-11	325	152	0.139	0.139	NUM
faba-11	325	153	lvol_sti	lvol_sti	PROPN
faba-11	325	154	does	do	AUX
faba-11	325	155	not	not	PART
faba-11	325	156	g	g	NOUN
faba-11	325	157	-	-	PUNCT
faba-11	325	158	cause	cause	VERB
faba-11	325	159	return_jci	return_jci	NUM
faba-11	325	160	1904	1904	NUM
faba-11	326	1	0.0000	0.0000	NUM
faba-11	326	2	7	7	NUM
faba-11	326	3	0.6886	0.6886	NUM
faba-11	326	4	0.226	0.226	NUM
faba-11	326	5	return_jci	return_jci	NUM
faba-11	326	6	does	do	AUX
faba-11	326	7	not	not	PART
faba-11	326	8	g	g	NOUN
faba-11	326	9	-	-	PUNCT
faba-11	326	10	cause	cause	VERB
faba-11	326	11	lvol_sti	lvol_sti	NUM
faba-11	326	12	0.0014	0.0014	NUM
faba-11	326	13	0.0181	0.0181	NUM
faba-11	326	14	0.841	0.841	NUM
faba-11	326	15	lvol_jci	lvol_jci	PROPN
faba-11	326	16	does	do	AUX
faba-11	326	17	not	not	PART
faba-11	326	18	g	g	NOUN
faba-11	326	19	-	-	PUNCT
faba-11	326	20	cause	cause	VERB
faba-11	326	21	return_klci	return_klci	NOUN
faba-11	326	22	1595	1595	NUM
faba-11	326	23	0.0000	0.0000	NUM
faba-11	326	24	10	10	NUM
faba-11	326	25	0.8615	0.8615	NUM
faba-11	326	26	0.666	0.666	NUM
faba-11	326	27	return_klci	return_klci	NOUN
faba-11	326	28	does	do	AUX
faba-11	326	29	not	not	PART
faba-11	326	30	g	g	NOUN
faba-11	326	31	-	-	PUNCT
faba-11	326	32	cause	cause	VERB
faba-11	326	33	lvol_jci	lvol_jci	PROPN
faba-11	326	34	0.0000	0.0000	NUM
faba-11	326	35	0.0351	0.0351	NUM
faba-11	326	36	0.293	0.293	NUM
faba-11	326	37	lvol_jci	lvol_jci	NOUN
faba-11	326	38	does	do	AUX
faba-11	326	39	not	not	PART
faba-11	326	40	g	g	NOUN
faba-11	326	41	-	-	PUNCT
faba-11	326	42	cause	cause	VERB
faba-11	326	43	return_sti	return_sti	NOUN
faba-11	326	44	1001	1001	NUM
faba-11	326	45	0.0000	0.0000	NUM
faba-11	326	46	19	19	NUM
faba-11	326	47	0.8769	0.8769	NUM
faba-11	326	48	0.051	0.051	NUM
faba-11	326	49	*	*	PUNCT
faba-11	326	50	*	*	NOUN
faba-11	326	51	return_sti	return_sti	PRON
faba-11	326	52	does	do	AUX
faba-11	326	53	not	not	PART
faba-11	326	54	g	g	NOUN
faba-11	326	55	-	-	PUNCT
faba-11	326	56	cause	cause	VERB
faba-11	326	57	lvol_jci	lvol_jci	PROPN
faba-11	326	58	0.0000	0.0000	NUM
faba-11	326	59	0.0918	0.0918	NUM
faba-11	326	60	0.418	0.418	NUM
faba-11	326	61	*	*	PUNCT
faba-11	326	62	*	*	PUNCT
faba-11	326	63	*	*	PUNCT
faba-11	326	64	represents	represent	VERB
faba-11	326	65	the	the	DET
faba-11	326	66	causal	causal	ADJ
faba-11	326	67	relationship	relationship	NOUN
faba-11	326	68	being	be	AUX
faba-11	326	69	significant	significant	ADJ
faba-11	326	70	at	at	ADP
faba-11	326	71	1	1	NUM
faba-11	326	72	%	%	NOUN
faba-11	326	73	.	.	PUNCT
faba-11	327	1	*	*	PUNCT
faba-11	327	2	*	*	PUNCT
faba-11	327	3	represents	represent	VERB
faba-11	327	4	the	the	DET
faba-11	327	5	causal	causal	ADJ
faba-11	327	6	relationship	relationship	NOUN
faba-11	327	7	being	be	AUX
faba-11	327	8	significant	significant	ADJ
faba-11	327	9	at	at	ADP
faba-11	327	10	5	5	NUM
faba-11	327	11	%	%	NOUN
faba-11	327	12	.	.	PUNCT
faba-11	328	1	*	*	PUNCT
faba-11	328	2	represents	represent	VERB
faba-11	328	3	the	the	DET
faba-11	328	4	causal	causal	ADJ
faba-11	328	5	relationship	relationship	NOUN
faba-11	328	6	being	be	AUX
faba-11	328	7	significant	significant	ADJ
faba-11	328	8	at	at	ADP
faba-11	328	9	10	10	NUM
faba-11	328	10	%	%	NOUN
faba-11	328	11	.	.	PUNCT
faba-11	329	1	table	table	NOUN
faba-11	329	2	4	4	NUM
faba-11	329	3	:	:	PUNCT
faba-11	329	4	pairwise	pairwise	PROPN
faba-11	329	5	granger	granger	NOUN
faba-11	329	6	causality	causality	NOUN
faba-11	329	7	tests	test	NOUN
faba-11	329	8	(	(	PUNCT
faba-11	329	9	between	between	ADP
faba-11	329	10	volume	volume	NOUN
faba-11	329	11	and	and	CCONJ
faba-11	329	12	return	return	NOUN
faba-11	329	13	)	)	PUNCT
faba-11	329	14	in	in	ADP
faba-11	329	15	terms	term	NOUN
faba-11	329	16	of	of	ADP
faba-11	329	17	causality	causality	NOUN
faba-11	329	18	running	run	VERB
faba-11	329	19	between	between	ADP
faba-11	329	20	trading	trade	VERB
faba-11	329	21	volumes	volume	NOUN
faba-11	329	22	in	in	ADP
faba-11	329	23	each	each	DET
faba-11	329	24	country	country	NOUN
faba-11	329	25	and	and	CCONJ
faba-11	329	26	the	the	DET
faba-11	329	27	stock	stock	NOUN
faba-11	329	28	market	market	NOUN
faba-11	329	29	returns	return	NOUN
faba-11	329	30	,	,	PUNCT
faba-11	329	31	it	it	PRON
faba-11	329	32	can	can	AUX
faba-11	329	33	be	be	AUX
faba-11	329	34	concluded	conclude	VERB
faba-11	329	35	that	that	SCONJ
faba-11	329	36	not	not	PART
faba-11	329	37	much	much	ADJ
faba-11	329	38	relationship	relationship	NOUN
faba-11	329	39	is	be	AUX
faba-11	329	40	going	go	VERB
faba-11	329	41	on	on	ADP
faba-11	329	42	.	.	PUNCT
faba-11	330	1	in	in	ADP
faba-11	330	2	malaysia	malaysia	PROPN
faba-11	330	3	,	,	PUNCT
faba-11	330	4	the	the	DET
faba-11	330	5	trading	trading	NOUN
faba-11	330	6	volume	volume	NOUN
faba-11	330	7	is	be	AUX
faba-11	330	8	not	not	PART
faba-11	330	9	significant	significant	ADJ
faba-11	330	10	in	in	ADP
faba-11	330	11	causing	cause	VERB
faba-11	330	12	the	the	DET
faba-11	330	13	stock	stock	NOUN
faba-11	330	14	market	market	NOUN
faba-11	330	15	return	return	NOUN
faba-11	330	16	as	as	SCONJ
faba-11	330	17	the	the	DET
faba-11	330	18	p	p	NOUN
faba-11	330	19	-	-	PUNCT
faba-11	330	20	value	value	NOUN
faba-11	330	21	is	be	AUX
faba-11	330	22	recorded	record	VERB
faba-11	330	23	at	at	ADP
faba-11	330	24	0.228	0.228	NUM
faba-11	330	25	,	,	PUNCT
faba-11	330	26	higher	high	ADJ
faba-11	330	27	than	than	ADP
faba-11	330	28	0.05	0.05	NUM
faba-11	330	29	significance	significance	NOUN
faba-11	330	30	level	level	NOUN
faba-11	330	31	.	.	PUNCT
faba-11	331	1	however	however	ADV
faba-11	331	2	,	,	PUNCT
faba-11	331	3	the	the	DET
faba-11	331	4	klci	klci	NOUN
faba-11	331	5	market	market	NOUN
faba-11	331	6	return	return	NOUN
faba-11	331	7	is	be	AUX
faba-11	331	8	significant	significant	ADJ
faba-11	331	9	at	at	ADP
faba-11	331	10	10	10	NUM
faba-11	331	11	%	%	NOUN
faba-11	331	12	level	level	NOUN
faba-11	331	13	in	in	ADP
faba-11	331	14	granger	granger	NOUN
faba-11	331	15	-	-	PUNCT
faba-11	331	16	causing	cause	VERB
faba-11	331	17	its	its	PRON
faba-11	331	18	trading	trading	NOUN
faba-11	331	19	volume	volume	NOUN
faba-11	331	20	,	,	PUNCT
faba-11	331	21	as	as	SCONJ
faba-11	331	22	a	a	DET
faba-11	331	23	pvalue	pvalue	NOUN
faba-11	331	24	of	of	ADP
faba-11	331	25	0.056	0.056	NUM
faba-11	331	26	is	be	AUX
faba-11	331	27	recorded.in	recorded.in	NUM
faba-11	331	28	sum	sum	NOUN
faba-11	331	29	,	,	PUNCT
faba-11	331	30	there	there	PRON
faba-11	331	31	is	be	VERB
faba-11	331	32	a	a	DET
faba-11	331	33	significant	significant	ADJ
faba-11	331	34	unidirectional	unidirectional	ADJ
faba-11	331	35	causality	causality	NOUN
faba-11	331	36	relationship	relationship	NOUN
faba-11	331	37	running	run	VERB
faba-11	331	38	from	from	ADP
faba-11	331	39	return	return	NOUN
faba-11	331	40	to	to	ADP
faba-11	331	41	volume	volume	NOUN
faba-11	331	42	hence	hence	ADV
faba-11	331	43	the	the	DET
faba-11	331	44	null	null	ADJ
faba-11	331	45	hypothesis	hypothesis	NOUN
faba-11	331	46	that	that	PRON
faba-11	331	47	return	return	NOUN
faba-11	331	48	does	do	AUX
faba-11	331	49	not	not	PART
faba-11	331	50	granger	granger	NOUN
faba-11	331	51	cause	cause	VERB
faba-11	331	52	volume	volume	NOUN
faba-11	331	53	is	be	AUX
faba-11	331	54	successfully	successfully	ADV
faba-11	331	55	rejected	reject	VERB
faba-11	331	56	,	,	PUNCT
faba-11	331	57	while	while	SCONJ
faba-11	331	58	the	the	DET
faba-11	331	59	opposite	opposite	ADJ
faba-11	331	60	null	null	ADJ
faba-11	331	61	hypothesis	hypothesis	NOUN
faba-11	331	62	is	be	AUX
faba-11	331	63	failed	fail	VERB
faba-11	331	64	to	to	PART
faba-11	331	65	be	be	AUX
faba-11	331	66	rejected	reject	VERB
faba-11	331	67	.	.	PUNCT
faba-11	332	1	looking	look	VERB
faba-11	332	2	at	at	ADP
faba-11	332	3	the	the	DET
faba-11	332	4	results	result	NOUN
faba-11	332	5	in	in	ADP
faba-11	332	6	panel	panel	NOUN
faba-11	332	7	2	2	NUM
faba-11	332	8	,	,	PUNCT
faba-11	332	9	the	the	DET
faba-11	332	10	malaysian	malaysian	ADJ
faba-11	332	11	market	market	NOUN
faba-11	332	12	trading	trading	NOUN
faba-11	332	13	volume	volume	NOUN
faba-11	332	14	also	also	ADV
faba-11	332	15	fails	fail	VERB
faba-11	332	16	to	to	ADP
faba-11	332	17	granger	granger	NOUN
faba-11	332	18	-	-	PUNCT
faba-11	332	19	cause	cause	VERB
faba-11	332	20	stock	stock	NOUN
faba-11	332	21	returns	return	NOUN
faba-11	332	22	in	in	ADP
faba-11	332	23	singapore	singapore	PROPN
faba-11	332	24	and	and	CCONJ
faba-11	332	25	indonesia	indonesia	PROPN
faba-11	332	26	.	.	PUNCT
faba-11	333	1	these	these	PRON
faba-11	333	2	are	be	AUX
faba-11	333	3	evident	evident	ADJ
faba-11	333	4	by	by	ADP
faba-11	333	5	the	the	DET
faba-11	333	6	insignificant	insignificant	ADJ
faba-11	333	7	p	p	NOUN
faba-11	333	8	-	-	PUNCT
faba-11	333	9	values	value	NOUN
faba-11	333	10	of	of	ADP
faba-11	333	11	0.847	0.847	NUM
faba-11	333	12	and	and	CCONJ
faba-11	333	13	0.848	0.848	NUM
faba-11	333	14	recorded	record	VERB
faba-11	333	15	in	in	ADP
faba-11	333	16	each	each	DET
faba-11	333	17	markets	market	NOUN
faba-11	333	18	respectively	respectively	ADV
faba-11	333	19	.	.	PUNCT
faba-11	334	1	the	the	DET
faba-11	334	2	null	null	ADJ
faba-11	334	3	hypotheses	hypothesis	NOUN
faba-11	334	4	that	that	SCONJ
faba-11	334	5	trading	trading	NOUN
faba-11	334	6	volume	volume	NOUN
faba-11	334	7	in	in	ADP
faba-11	334	8	malaysia	malaysia	PROPN
faba-11	334	9	granger	granger	PROPN
faba-11	334	10	-	-	PUNCT
faba-11	334	11	cause	cause	VERB
faba-11	334	12	stock	stock	NOUN
faba-11	334	13	market	market	NOUN
faba-11	334	14	return	return	NOUN
faba-11	334	15	in	in	ADP
faba-11	334	16	singapore	singapore	PROPN
faba-11	334	17	and	and	CCONJ
faba-11	334	18	indonesia	indonesia	PROPN
faba-11	334	19	are	be	AUX
faba-11	334	20	thus	thus	ADV
faba-11	334	21	,	,	PUNCT
faba-11	334	22	failed	fail	VERB
faba-11	334	23	to	to	PART
faba-11	334	24	be	be	AUX
faba-11	334	25	rejected	reject	VERB
faba-11	334	26	.	.	PUNCT
faba-11	335	1	the	the	DET
faba-11	335	2	opposite	opposite	NOUN
faba-11	335	3	is	be	AUX
faba-11	335	4	also	also	ADV
faba-11	335	5	holding	hold	VERB
faba-11	335	6	true	true	ADJ
faba-11	335	7	.	.	PUNCT
faba-11	336	1	the	the	DET
faba-11	336	2	stock	stock	NOUN
faba-11	336	3	market	market	NOUN
faba-11	336	4	returns	return	NOUN
faba-11	336	5	in	in	ADP
faba-11	336	6	both	both	DET
faba-11	336	7	singapore	singapore	PROPN
faba-11	336	8	and	and	CCONJ
faba-11	336	9	indonesia	indonesia	PROPN
faba-11	336	10	also	also	ADV
faba-11	336	11	found	find	VERB
faba-11	336	12	not	not	PART
faba-11	336	13	to	to	PART
faba-11	336	14	significantly	significantly	ADV
faba-11	336	15	grangercause	grangercause	VERB
faba-11	336	16	the	the	DET
faba-11	336	17	malaysian	malaysian	ADJ
faba-11	336	18	trading	trading	NOUN
faba-11	336	19	volume	volume	NOUN
faba-11	336	20	,	,	PUNCT
faba-11	336	21	as	as	SCONJ
faba-11	336	22	they	they	PRON
faba-11	336	23	both	both	PRON
faba-11	336	24	recorded	record	VERB
faba-11	336	25	p	p	NOUN
faba-11	336	26	-	-	PUNCT
faba-11	336	27	values	value	NOUN
faba-11	336	28	of	of	ADP
faba-11	336	29	0.168	0.168	NUM
faba-11	336	30	and	and	CCONJ
faba-11	336	31	0.850	0.850	NUM
faba-11	336	32	respectively	respectively	ADV
faba-11	336	33	.	.	PUNCT
faba-11	337	1	hence	hence	ADV
faba-11	337	2	,	,	PUNCT
faba-11	337	3	both	both	PRON
faba-11	337	4	of	of	ADP
faba-11	337	5	the	the	DET
faba-11	337	6	null	null	ADJ
faba-11	337	7	hypothesis	hypothesis	NOUN
faba-11	337	8	associating	associate	VERB
faba-11	337	9	stock	stock	NOUN
faba-11	337	10	market	market	NOUN
faba-11	337	11	returns	return	NOUN
faba-11	337	12	in	in	ADP
faba-11	337	13	singapore	singapore	PROPN
faba-11	337	14	and	and	CCONJ
faba-11	337	15	indonesia	indonesia	PROPN
faba-11	337	16	to	to	ADP
faba-11	337	17	granger	granger	NOUN
faba-11	337	18	-	-	PUNCT
faba-11	337	19	cause	cause	VERB
faba-11	337	20	trading	trading	NOUN
faba-11	337	21	volume	volume	NOUN
faba-11	337	22	in	in	ADP
faba-11	337	23	malaysia	malaysia	PROPN
faba-11	337	24	failed	fail	VERB
faba-11	337	25	to	to	PART
faba-11	337	26	be	be	AUX
faba-11	337	27	rejected	reject	VERB
faba-11	337	28	.	.	PUNCT
faba-11	338	1	in	in	ADP
faba-11	338	2	conclusion	conclusion	NOUN
faba-11	338	3	,	,	PUNCT
faba-11	338	4	the	the	DET
faba-11	338	5	malaysian	malaysian	ADJ
faba-11	338	6	trading	trading	NOUN
faba-11	338	7	volume	volume	NOUN
faba-11	338	8	has	have	VERB
faba-11	338	9	no	no	DET
faba-11	338	10	significant	significant	ADJ
faba-11	338	11	causality	causality	NOUN
faba-11	338	12	relationship	relationship	NOUN
faba-11	338	13	with	with	ADP
faba-11	338	14	all	all	PRON
faba-11	338	15	of	of	ADP
faba-11	338	16	the	the	DET
faba-11	338	17	malaysian	malaysian	PROPN
faba-11	338	18	,	,	PUNCT
faba-11	338	19	singapore	singapore	PROPN
faba-11	338	20	and	and	CCONJ
faba-11	338	21	indonesian	indonesian	ADJ
faba-11	338	22	stock	stock	NOUN
faba-11	338	23	market	market	NOUN
faba-11	338	24	returns	return	NOUN
faba-11	338	25	.	.	PUNCT
faba-11	339	1	in	in	ADP
faba-11	339	2	the	the	DET
faba-11	339	3	opposite	opposite	ADJ
faba-11	339	4	way	way	NOUN
faba-11	339	5	,	,	PUNCT
faba-11	339	6	there	there	PRON
faba-11	339	7	is	be	VERB
faba-11	339	8	also	also	ADV
faba-11	339	9	no	no	DET
faba-11	339	10	causality	causality	NOUN
faba-11	339	11	from	from	ADP
faba-11	339	12	singapore	singapore	PROPN
faba-11	339	13	and	and	CCONJ
faba-11	339	14	indonesian	indonesian	ADJ
faba-11	339	15	stock	stock	NOUN
faba-11	339	16	returns	return	NOUN
faba-11	339	17	to	to	ADP
faba-11	339	18	the	the	DET
faba-11	339	19	malaysian	malaysian	ADJ
faba-11	339	20	market	market	NOUN
faba-11	339	21	trading	trading	NOUN
faba-11	339	22	volume	volume	NOUN
faba-11	339	23	.	.	PUNCT
faba-11	340	1	the	the	DET
faba-11	340	2	malaysian	malaysian	ADJ
faba-11	340	3	stock	stock	NOUN
faba-11	340	4	return	return	NOUN
faba-11	340	5	is	be	AUX
faba-11	340	6	the	the	DET
faba-11	340	7	only	only	ADJ
faba-11	340	8	variable	variable	NOUN
faba-11	340	9	found	find	VERB
faba-11	340	10	as	as	ADP
faba-11	340	11	significant	significant	ADJ
faba-11	340	12	in	in	ADP
faba-11	340	13	grangercausing	grangercause	VERB
faba-11	340	14	its	its	PRON
faba-11	340	15	own	own	ADJ
faba-11	340	16	trading	trading	NOUN
faba-11	340	17	volume	volume	NOUN
faba-11	340	18	,	,	PUNCT
faba-11	340	19	hence	hence	ADV
faba-11	340	20	suggesting	suggest	VERB
faba-11	340	21	only	only	ADV
faba-11	340	22	a	a	DET
faba-11	340	23	unidirectional	unidirectional	ADJ
faba-11	340	24	causality	causality	NOUN
faba-11	340	25	relationship	relationship	NOUN
faba-11	340	26	.	.	PUNCT
faba-11	341	1	for	for	ADP
faba-11	341	2	singapore	singapore	PROPN
faba-11	341	3	(	(	PUNCT
faba-11	341	4	refer	refer	VERB
faba-11	341	5	to	to	ADP
faba-11	341	6	panel	panel	NOUN
faba-11	341	7	1	1	NUM
faba-11	341	8	)	)	PUNCT
faba-11	341	9	,	,	PUNCT
faba-11	341	10	no	no	DET
faba-11	341	11	causality	causality	NOUN
faba-11	341	12	is	be	AUX
faba-11	341	13	found	find	VERB
faba-11	341	14	between	between	ADP
faba-11	341	15	trading	trading	NOUN
faba-11	341	16	volume	volume	NOUN
faba-11	341	17	and	and	CCONJ
faba-11	341	18	stock	stock	NOUN
faba-11	341	19	return	return	NOUN
faba-11	341	20	.	.	PUNCT
faba-11	342	1	this	this	PRON
faba-11	342	2	is	be	AUX
faba-11	342	3	m.r	m.r	PROPN
faba-11	342	4	.	.	PROPN
faba-11	342	5	miseman	miseman	PROPN
faba-11	342	6	et	et	PROPN
faba-11	342	7	al	al	PROPN
faba-11	342	8	.	.	PUNCT
faba-11	342	9	/	/	SYM
faba-11	342	10	finance	finance	NOUN
faba-11	342	11	,	,	PUNCT
faba-11	342	12	accounting	accounting	NOUN
faba-11	342	13	and	and	CCONJ
faba-11	342	14	business	business	NOUN
faba-11	342	15	analisys	analisys	NOUN
faba-11	342	16	13	13	NUM
faba-11	342	17	because	because	SCONJ
faba-11	342	18	both	both	DET
faba-11	342	19	causality	causality	NOUN
faba-11	342	20	tests	test	NOUN
faba-11	342	21	running	run	VERB
faba-11	342	22	from	from	ADP
faba-11	342	23	trading	trading	NOUN
faba-11	342	24	volume	volume	NOUN
faba-11	342	25	to	to	ADP
faba-11	342	26	stock	stock	NOUN
faba-11	342	27	return	return	NOUN
faba-11	342	28	,	,	PUNCT
faba-11	342	29	vice	vice	NOUN
faba-11	342	30	versa	versa	ADV
faba-11	342	31	recorded	record	VERB
faba-11	342	32	insignificant	insignificant	ADJ
faba-11	342	33	p	p	ADJ
faba-11	342	34	-	-	PUNCT
faba-11	342	35	value	value	NOUN
faba-11	342	36	readings	reading	NOUN
faba-11	342	37	of	of	ADP
faba-11	342	38	0.344	0.344	NUM
faba-11	342	39	and	and	CCONJ
faba-11	342	40	0.368	0.368	NUM
faba-11	342	41	respectively	respectively	ADV
faba-11	342	42	.	.	PUNCT
faba-11	343	1	however	however	ADV
faba-11	343	2	,	,	PUNCT
faba-11	343	3	in	in	ADP
faba-11	343	4	panel	panel	NOUN
faba-11	343	5	2	2	NUM
faba-11	343	6	,	,	PUNCT
faba-11	343	7	there	there	PRON
faba-11	343	8	is	be	VERB
faba-11	343	9	an	an	DET
faba-11	343	10	evidence	evidence	NOUN
faba-11	343	11	that	that	SCONJ
faba-11	343	12	the	the	DET
faba-11	343	13	singaporean	singaporean	ADJ
faba-11	343	14	trading	trading	NOUN
faba-11	343	15	volume	volume	NOUN
faba-11	343	16	causes	cause	VERB
faba-11	343	17	foreign	foreign	ADJ
faba-11	343	18	stock	stock	NOUN
faba-11	343	19	returns	return	NOUN
faba-11	343	20	,	,	PUNCT
faba-11	343	21	as	as	SCONJ
faba-11	343	22	a	a	DET
faba-11	343	23	p	p	NOUN
faba-11	343	24	-	-	PUNCT
faba-11	343	25	value	value	NOUN
faba-11	343	26	of	of	ADP
faba-11	343	27	0.025	0.025	NUM
faba-11	343	28	is	be	AUX
faba-11	343	29	recorded	record	VERB
faba-11	343	30	from	from	ADP
faba-11	343	31	singaporean	singaporean	ADJ
faba-11	343	32	trading	trading	NOUN
faba-11	343	33	volume	volume	NOUN
faba-11	343	34	to	to	ADP
faba-11	343	35	the	the	DET
faba-11	343	36	return	return	NOUN
faba-11	343	37	of	of	ADP
faba-11	343	38	klci	klci	NOUN
faba-11	343	39	.	.	PUNCT
faba-11	344	1	this	this	DET
faba-11	344	2	pair	pair	NOUN
faba-11	344	3	is	be	AUX
faba-11	344	4	significant	significant	ADJ
faba-11	344	5	at	at	ADP
faba-11	344	6	5	5	NUM
faba-11	344	7	%	%	NOUN
faba-11	344	8	level	level	NOUN
faba-11	344	9	,	,	PUNCT
faba-11	344	10	which	which	PRON
faba-11	344	11	also	also	ADV
faba-11	344	12	means	mean	VERB
faba-11	344	13	that	that	SCONJ
faba-11	344	14	the	the	DET
faba-11	344	15	null	null	ADJ
faba-11	344	16	hypothesis	hypothesis	NOUN
faba-11	344	17	is	be	AUX
faba-11	344	18	successfully	successfully	ADV
faba-11	344	19	rejected	reject	VERB
faba-11	344	20	.	.	PUNCT
faba-11	345	1	the	the	DET
faba-11	345	2	trading	trading	NOUN
faba-11	345	3	volume	volume	NOUN
faba-11	345	4	in	in	ADP
faba-11	345	5	singapore	singapore	PROPN
faba-11	345	6	may	may	AUX
faba-11	345	7	cause	cause	VERB
faba-11	345	8	changes	change	NOUN
faba-11	345	9	in	in	ADP
faba-11	345	10	stock	stock	NOUN
faba-11	345	11	market	market	NOUN
faba-11	345	12	returns	return	NOUN
faba-11	345	13	in	in	ADP
faba-11	345	14	malaysia	malaysia	PROPN
faba-11	345	15	,	,	PUNCT
faba-11	345	16	nevertheless	nevertheless	ADV
faba-11	345	17	,	,	PUNCT
faba-11	345	18	the	the	DET
faba-11	345	19	opposite	opposite	ADJ
faba-11	345	20	causality	causality	NOUN
faba-11	345	21	is	be	AUX
faba-11	345	22	insignificant	insignificant	ADJ
faba-11	345	23	at	at	ADP
faba-11	345	24	p	p	NOUN
faba-11	345	25	-	-	PUNCT
faba-11	345	26	value	value	NOUN
faba-11	345	27	of	of	ADP
faba-11	345	28	0.139	0.139	NUM
faba-11	345	29	.	.	PUNCT
faba-11	346	1	lastly	lastly	ADV
faba-11	346	2	,	,	PUNCT
faba-11	346	3	there	there	PRON
faba-11	346	4	is	be	VERB
faba-11	346	5	also	also	ADV
faba-11	346	6	no	no	DET
faba-11	346	7	causality	causality	NOUN
faba-11	346	8	between	between	ADP
faba-11	346	9	singaporean	singaporean	ADJ
faba-11	346	10	trading	trading	NOUN
faba-11	346	11	volume	volume	NOUN
faba-11	346	12	and	and	CCONJ
faba-11	346	13	indonesian	indonesian	ADJ
faba-11	346	14	stock	stock	NOUN
faba-11	346	15	market	market	NOUN
faba-11	346	16	return	return	NOUN
faba-11	346	17	.	.	PUNCT
faba-11	347	1	insignificant	insignificant	ADJ
faba-11	347	2	pvalues	pvalue	NOUN
faba-11	347	3	of	of	ADP
faba-11	347	4	0.226	0.226	NUM
faba-11	347	5	and	and	CCONJ
faba-11	347	6	0.841	0.841	NUM
faba-11	347	7	are	be	AUX
faba-11	347	8	recorded	record	VERB
faba-11	347	9	for	for	ADP
faba-11	347	10	the	the	DET
faba-11	347	11	volume	volume	NOUN
faba-11	347	12	-	-	PUNCT
faba-11	347	13	return	return	NOUN
faba-11	347	14	and	and	CCONJ
faba-11	347	15	return	return	NOUN
faba-11	347	16	-	-	PUNCT
faba-11	347	17	volume	volume	NOUN
faba-11	347	18	pairs	pair	NOUN
faba-11	347	19	respectively	respectively	ADV
faba-11	347	20	.	.	PUNCT
faba-11	348	1	in	in	ADP
faba-11	348	2	conclusion	conclusion	NOUN
faba-11	348	3	,	,	PUNCT
faba-11	348	4	trading	trading	NOUN
faba-11	348	5	volume	volume	NOUN
faba-11	348	6	in	in	ADP
faba-11	348	7	singapore	singapore	PROPN
faba-11	348	8	is	be	AUX
faba-11	348	9	only	only	ADV
faba-11	348	10	related	relate	VERB
faba-11	348	11	to	to	ADP
faba-11	348	12	the	the	DET
faba-11	348	13	malaysian	malaysian	ADJ
faba-11	348	14	stock	stock	NOUN
faba-11	348	15	return	return	NOUN
faba-11	348	16	(	(	PUNCT
faba-11	348	17	with	with	ADP
faba-11	348	18	unidirectional	unidirectional	ADJ
faba-11	348	19	causality	causality	NOUN
faba-11	348	20	)	)	PUNCT
faba-11	348	21	;	;	PUNCT
faba-11	348	22	while	while	SCONJ
faba-11	348	23	no	no	DET
faba-11	348	24	stock	stock	NOUN
faba-11	348	25	returns	return	NOUN
faba-11	348	26	in	in	ADP
faba-11	348	27	any	any	DET
faba-11	348	28	country	country	NOUN
faba-11	348	29	can	can	AUX
faba-11	348	30	granger	granger	NOUN
faba-11	348	31	-	-	PUNCT
faba-11	348	32	cause	cause	VERB
faba-11	348	33	the	the	DET
faba-11	348	34	singaporean	singaporean	ADJ
faba-11	348	35	trading	trading	NOUN
faba-11	348	36	volume	volume	NOUN
faba-11	348	37	.	.	PUNCT
faba-11	349	1	for	for	ADP
faba-11	349	2	the	the	DET
faba-11	349	3	case	case	NOUN
faba-11	349	4	of	of	ADP
faba-11	349	5	indonesian	indonesian	ADJ
faba-11	349	6	trading	trading	NOUN
faba-11	349	7	volume	volume	NOUN
faba-11	349	8	,	,	PUNCT
faba-11	349	9	the	the	DET
faba-11	349	10	variable	variable	NOUN
faba-11	349	11	is	be	AUX
faba-11	349	12	found	find	VERB
faba-11	349	13	not	not	PART
faba-11	349	14	to	to	ADP
faba-11	349	15	granger	granger	NOUN
faba-11	349	16	-	-	PUNCT
faba-11	349	17	cause	cause	VERB
faba-11	349	18	the	the	DET
faba-11	349	19	jakarta	jakarta	PROPN
faba-11	349	20	composite	composite	PROPN
faba-11	349	21	index	index	NOUN
faba-11	349	22	,	,	PUNCT
faba-11	349	23	as	as	SCONJ
faba-11	349	24	a	a	DET
faba-11	349	25	p	p	NOUN
faba-11	349	26	-	-	PUNCT
faba-11	349	27	value	value	NOUN
faba-11	349	28	of	of	ADP
faba-11	349	29	0.387	0.387	NUM
faba-11	349	30	is	be	AUX
faba-11	349	31	obtained	obtain	VERB
faba-11	349	32	for	for	ADP
faba-11	349	33	the	the	DET
faba-11	349	34	pair	pair	NOUN
faba-11	349	35	.	.	PUNCT
faba-11	350	1	the	the	DET
faba-11	350	2	same	same	ADJ
faba-11	350	3	goes	go	VERB
faba-11	350	4	to	to	ADP
faba-11	350	5	the	the	DET
faba-11	350	6	other	other	ADJ
faba-11	350	7	way	way	NOUN
faba-11	350	8	around	around	ADV
faba-11	350	9	,	,	PUNCT
faba-11	350	10	as	as	SCONJ
faba-11	350	11	it	it	PRON
faba-11	350	12	recorded	record	VERB
faba-11	350	13	an	an	DET
faba-11	350	14	insignificant	insignificant	ADJ
faba-11	350	15	p	p	NOUN
faba-11	350	16	-	-	PUNCT
faba-11	350	17	value	value	NOUN
faba-11	350	18	of	of	ADP
faba-11	350	19	0.502	0.502	NUM
faba-11	350	20	.	.	PUNCT
faba-11	351	1	both	both	PRON
faba-11	351	2	of	of	ADP
faba-11	351	3	the	the	DET
faba-11	351	4	null	null	ADJ
faba-11	351	5	hypothesis	hypothesis	NOUN
faba-11	351	6	are	be	AUX
faba-11	351	7	thus	thus	ADV
faba-11	351	8	,	,	PUNCT
faba-11	351	9	failed	fail	VERB
faba-11	351	10	to	to	PART
faba-11	351	11	be	be	AUX
faba-11	351	12	rejected	reject	VERB
faba-11	351	13	.	.	PUNCT
faba-11	352	1	trading	trading	NOUN
faba-11	352	2	volume	volume	NOUN
faba-11	352	3	in	in	ADP
faba-11	352	4	indonesia	indonesia	PROPN
faba-11	352	5	is	be	AUX
faba-11	352	6	also	also	ADV
faba-11	352	7	found	find	VERB
faba-11	352	8	not	not	PART
faba-11	352	9	to	to	PART
faba-11	352	10	be	be	AUX
faba-11	352	11	having	have	VERB
faba-11	352	12	any	any	DET
faba-11	352	13	granger	granger	NOUN
faba-11	352	14	-	-	PUNCT
faba-11	352	15	causality	causality	NOUN
faba-11	352	16	relationship	relationship	NOUN
faba-11	352	17	with	with	ADP
faba-11	352	18	the	the	DET
faba-11	352	19	malaysian	malaysian	ADJ
faba-11	352	20	stock	stock	NOUN
faba-11	352	21	market	market	NOUN
faba-11	352	22	return	return	NOUN
faba-11	352	23	as	as	SCONJ
faba-11	352	24	p	p	NOUN
faba-11	352	25	-	-	PUNCT
faba-11	352	26	values	value	NOUN
faba-11	352	27	of	of	ADP
faba-11	352	28	0.666	0.666	NUM
faba-11	352	29	is	be	AUX
faba-11	352	30	recorded	record	VERB
faba-11	352	31	for	for	ADP
faba-11	352	32	causality	causality	NOUN
faba-11	352	33	from	from	ADP
faba-11	352	34	volume	volume	NOUN
faba-11	352	35	to	to	PART
faba-11	352	36	return	return	VERB
faba-11	352	37	and	and	CCONJ
faba-11	352	38	0.293	0.293	NUM
faba-11	352	39	for	for	ADP
faba-11	352	40	return	return	NOUN
faba-11	352	41	to	to	ADP
faba-11	352	42	volume	volume	NOUN
faba-11	352	43	,	,	PUNCT
faba-11	352	44	thus	thus	ADV
faba-11	352	45	both	both	DET
faba-11	352	46	null	null	ADJ
faba-11	352	47	hypotheses	hypothesis	NOUN
faba-11	352	48	are	be	AUX
faba-11	352	49	failed	fail	VERB
faba-11	352	50	to	to	PART
faba-11	352	51	be	be	AUX
faba-11	352	52	rejected	reject	VERB
faba-11	352	53	.	.	PUNCT
faba-11	353	1	however	however	ADV
faba-11	353	2	,	,	PUNCT
faba-11	353	3	trading	trading	NOUN
faba-11	353	4	volume	volume	NOUN
faba-11	353	5	of	of	ADP
faba-11	353	6	the	the	DET
faba-11	353	7	indonesian	indonesian	ADJ
faba-11	353	8	market	market	NOUN
faba-11	353	9	is	be	AUX
faba-11	353	10	found	find	VERB
faba-11	353	11	to	to	ADP
faba-11	353	12	granger	granger	NOUN
faba-11	353	13	-	-	PUNCT
faba-11	353	14	cause	cause	VERB
faba-11	353	15	the	the	DET
faba-11	353	16	sti	sti	PROPN
faba-11	353	17	return	return	VERB
faba-11	353	18	at	at	ADP
faba-11	353	19	roughly	roughly	ADV
faba-11	353	20	5	5	NUM
faba-11	353	21	%	%	NOUN
faba-11	353	22	level	level	NOUN
faba-11	353	23	,	,	PUNCT
faba-11	353	24	successfully	successfully	ADV
faba-11	353	25	rejecting	reject	VERB
faba-11	353	26	the	the	DET
faba-11	353	27	null	null	ADJ
faba-11	353	28	hypothesis	hypothesis	NOUN
faba-11	353	29	.	.	PUNCT
faba-11	354	1	on	on	ADP
faba-11	354	2	the	the	DET
faba-11	354	3	other	other	ADJ
faba-11	354	4	way	way	NOUN
faba-11	354	5	around	around	ADV
faba-11	354	6	,	,	PUNCT
faba-11	354	7	singapore	singapore	PROPN
faba-11	354	8	stock	stock	NOUN
faba-11	354	9	market	market	NOUN
faba-11	354	10	return	return	NOUN
faba-11	354	11	does	do	AUX
faba-11	354	12	not	not	PART
faba-11	354	13	granger	granger	NOUN
faba-11	354	14	-	-	PUNCT
faba-11	354	15	cause	cause	VERB
faba-11	354	16	indonesian	indonesian	ADJ
faba-11	354	17	trading	trading	NOUN
faba-11	354	18	volume	volume	NOUN
faba-11	354	19	,	,	PUNCT
faba-11	354	20	based	base	VERB
faba-11	354	21	on	on	ADP
faba-11	354	22	the	the	DET
faba-11	354	23	0.418	0.418	NUM
faba-11	354	24	p	p	NOUN
faba-11	354	25	-	-	PUNCT
faba-11	354	26	value	value	NOUN
faba-11	354	27	thus	thus	ADV
faba-11	354	28	,	,	PUNCT
faba-11	354	29	the	the	DET
faba-11	354	30	null	null	ADJ
faba-11	354	31	hypothesis	hypothesis	NOUN
faba-11	354	32	is	be	AUX
faba-11	354	33	failed	fail	VERB
faba-11	354	34	to	to	PART
faba-11	354	35	be	be	AUX
faba-11	354	36	rejected	reject	VERB
faba-11	354	37	.	.	PUNCT
faba-11	355	1	in	in	ADP
faba-11	355	2	conclusion	conclusion	NOUN
faba-11	355	3	,	,	PUNCT
faba-11	355	4	just	just	ADV
faba-11	355	5	like	like	ADP
faba-11	355	6	singapore	singapore	PROPN
faba-11	355	7	trading	trading	NOUN
faba-11	355	8	volume	volume	NOUN
faba-11	355	9	,	,	PUNCT
faba-11	355	10	the	the	DET
faba-11	355	11	indonesian	indonesian	ADJ
faba-11	355	12	volume	volume	NOUN
faba-11	355	13	does	do	AUX
faba-11	355	14	not	not	PART
faba-11	355	15	granger	granger	NOUN
faba-11	355	16	-	-	PUNCT
faba-11	355	17	cause	cause	VERB
faba-11	355	18	its	its	PRON
faba-11	355	19	own	own	ADJ
faba-11	355	20	stock	stock	NOUN
faba-11	355	21	market	market	NOUN
faba-11	355	22	return	return	NOUN
faba-11	355	23	,	,	PUNCT
faba-11	355	24	but	but	CCONJ
faba-11	355	25	is	be	AUX
faba-11	355	26	associated	associate	VERB
faba-11	355	27	to	to	ADP
faba-11	355	28	the	the	DET
faba-11	355	29	returns	return	NOUN
faba-11	355	30	in	in	ADP
faba-11	355	31	other	other	ADJ
faba-11	355	32	stock	stock	NOUN
faba-11	355	33	markets	market	NOUN
faba-11	355	34	instead	instead	ADV
faba-11	355	35	.	.	PUNCT
faba-11	356	1	in	in	ADP
faba-11	356	2	sum	sum	NOUN
faba-11	356	3	,	,	PUNCT
faba-11	356	4	there	there	PRON
faba-11	356	5	are	be	VERB
faba-11	356	6	only	only	ADV
faba-11	356	7	three	three	NUM
faba-11	356	8	significant	significant	ADJ
faba-11	356	9	pairs	pair	NOUN
faba-11	356	10	observed	observe	VERB
faba-11	356	11	from	from	ADP
faba-11	356	12	the	the	DET
faba-11	356	13	causality	causality	NOUN
faba-11	356	14	analysis	analysis	NOUN
faba-11	356	15	thus	thus	ADV
faba-11	356	16	far	far	ADV
faba-11	356	17	.	.	PUNCT
faba-11	357	1	it	it	PRON
faba-11	357	2	is	be	AUX
faba-11	357	3	interesting	interesting	ADJ
faba-11	357	4	to	to	PART
faba-11	357	5	note	note	VERB
faba-11	357	6	that	that	SCONJ
faba-11	357	7	(	(	PUNCT
faba-11	357	8	1	1	X
faba-11	357	9	)	)	PUNCT
faba-11	357	10	the	the	DET
faba-11	357	11	malaysian	malaysian	ADJ
faba-11	357	12	returns	return	NOUN
faba-11	357	13	can	can	AUX
faba-11	357	14	granger	granger	NOUN
faba-11	357	15	-	-	PUNCT
faba-11	357	16	cause	cause	VERB
faba-11	357	17	its	its	PRON
faba-11	357	18	own	own	ADJ
faba-11	357	19	volume	volume	NOUN
faba-11	357	20	but	but	CCONJ
faba-11	357	21	not	not	PART
faba-11	357	22	the	the	DET
faba-11	357	23	other	other	ADJ
faba-11	357	24	way	way	NOUN
faba-11	357	25	around	around	ADV
faba-11	357	26	;	;	PUNCT
faba-11	357	27	(	(	PUNCT
faba-11	357	28	2	2	X
faba-11	357	29	)	)	PUNCT
faba-11	357	30	the	the	DET
faba-11	357	31	singapore	singapore	PROPN
faba-11	357	32	trading	trading	NOUN
faba-11	357	33	volume	volume	NOUN
faba-11	357	34	can	can	AUX
faba-11	357	35	granger	granger	NOUN
faba-11	357	36	-	-	PUNCT
faba-11	357	37	cause	cause	NOUN
faba-11	357	38	klci	klci	NOUN
faba-11	357	39	return	return	NOUN
faba-11	357	40	;	;	PUNCT
faba-11	357	41	and	and	CCONJ
faba-11	357	42	(	(	PUNCT
faba-11	357	43	3	3	X
faba-11	357	44	)	)	PUNCT
faba-11	357	45	indonesian	indonesian	ADJ
faba-11	357	46	trading	trading	NOUN
faba-11	357	47	volume	volume	NOUN
faba-11	357	48	has	have	VERB
faba-11	357	49	a	a	DET
faba-11	357	50	causality	causality	NOUN
faba-11	357	51	relationship	relationship	NOUN
faba-11	357	52	with	with	ADP
faba-11	357	53	sti	sti	PROPN
faba-11	357	54	returns	return	NOUN
faba-11	357	55	.	.	PUNCT
faba-11	358	1	some	some	DET
faba-11	358	2	inter	inter	ADJ
faba-11	358	3	-	-	ADJ
faba-11	358	4	market	market	ADJ
faba-11	358	5	relationships	relationship	NOUN
faba-11	358	6	can	can	AUX
faba-11	358	7	be	be	AUX
faba-11	358	8	observed	observe	VERB
faba-11	358	9	from	from	ADP
faba-11	358	10	the	the	DET
faba-11	358	11	results	result	NOUN
faba-11	358	12	as	as	SCONJ
faba-11	358	13	trading	trading	NOUN
faba-11	358	14	volume	volume	NOUN
faba-11	358	15	in	in	ADP
faba-11	358	16	one	one	NUM
faba-11	358	17	country	country	NOUN
faba-11	358	18	may	may	AUX
faba-11	358	19	explain	explain	VERB
faba-11	358	20	the	the	DET
faba-11	358	21	variation	variation	NOUN
faba-11	358	22	of	of	ADP
faba-11	358	23	returns	return	NOUN
faba-11	358	24	in	in	ADP
faba-11	358	25	other	other	ADJ
faba-11	358	26	markets	market	NOUN
faba-11	358	27	.	.	PUNCT
faba-11	359	1	to	to	PART
faba-11	359	2	continue	continue	VERB
faba-11	359	3	with	with	ADP
faba-11	359	4	the	the	DET
faba-11	359	5	analysis	analysis	NOUN
faba-11	359	6	,	,	PUNCT
faba-11	359	7	table	table	NOUN
faba-11	359	8	5	5	NUM
faba-11	359	9	below	below	ADV
faba-11	359	10	shows	show	VERB
faba-11	359	11	the	the	DET
faba-11	359	12	results	result	NOUN
faba-11	359	13	of	of	ADP
faba-11	359	14	pairwise	pairwise	NOUN
faba-11	359	15	granger	granger	NOUN
faba-11	359	16	causality	causality	NOUN
faba-11	359	17	tests	test	VERB
faba-11	359	18	among	among	ADP
faba-11	359	19	and	and	CCONJ
faba-11	359	20	between	between	ADP
faba-11	359	21	each	each	DET
faba-11	359	22	countries	country	NOUN
faba-11	359	23	’	’	PART
faba-11	359	24	trading	trading	NOUN
faba-11	359	25	volume	volume	NOUN
faba-11	359	26	.	.	PUNCT
faba-11	360	1	null	null	ADJ
faba-11	360	2	hypotheses	hypothesis	NOUN
faba-11	360	3	:	:	PUNCT
faba-11	360	4	obs	obs	PROPN
faba-11	360	5	prob	prob	PROPN
faba-11	360	6	.	.	PUNCT
faba-11	360	7	>	>	X
faba-11	361	1	chi	chi	ADJ
faba-11	361	2	-	-	PUNCT
faba-11	361	3	sq	sq	PROPN
faba-11	361	4	lags	lag	VERB
faba-11	361	5	r	r	NOUN
faba-11	361	6	-	-	PUNCT
faba-11	361	7	sq	sq	ADJ
faba-11	361	8	prob	prob	NOUN
faba-11	361	9	.	.	PUNCT
faba-11	362	1	>	>	X
faba-11	363	1	f	f	PROPN
faba-11	363	2	–	–	PUNCT
faba-11	363	3	stat	stat	NOUN
faba-11	363	4	.	.	PUNCT
faba-11	364	1	lvol_sti	lvol_sti	PROPN
faba-11	364	2	does	do	AUX
faba-11	364	3	not	not	PART
faba-11	364	4	g	g	NOUN
faba-11	364	5	-	-	PUNCT
faba-11	364	6	cause	cause	VERB
faba-11	364	7	lvol_klci	lvol_klci	NOUN
faba-11	364	8	1106	1106	NUM
faba-11	364	9	0.000	0.000	NUM
faba-11	364	10	20	20	NUM
faba-11	364	11	0.6826	0.6826	NUM
faba-11	364	12	0.000	0.000	NUM
faba-11	365	1	*	*	PUNCT
faba-11	365	2	*	*	PUNCT
faba-11	365	3	*	*	PUNCT
faba-11	365	4	lvol_klci	lvol_klci	NOUN
faba-11	365	5	does	do	AUX
faba-11	365	6	not	not	PART
faba-11	365	7	g	g	NOUN
faba-11	365	8	-	-	PUNCT
faba-11	365	9	cause	cause	VERB
faba-11	365	10	lvol_sti	lvol_sti	NOUN
faba-11	366	1	0.000	0.000	NUM
faba-11	366	2	0.7935	0.7935	NUM
faba-11	366	3	0.062	0.062	NUM
faba-11	366	4	*	*	PUNCT
faba-11	366	5	lvol_jci	lvol_jci	PROPN
faba-11	366	6	does	do	AUX
faba-11	366	7	not	not	PART
faba-11	366	8	g	g	NOUN
faba-11	366	9	-	-	PUNCT
faba-11	366	10	cause	cause	VERB
faba-11	366	11	lvol_klci	lvol_klci	NOUN
faba-11	366	12	1432	1432	NUM
faba-11	366	13	0.000	0.000	NUM
faba-11	366	14	11	11	NUM
faba-11	366	15	0.8593	0.8593	NUM
faba-11	366	16	0.400	0.400	NUM
faba-11	366	17	lvol_klci	lvol_klci	NOUN
faba-11	366	18	does	do	AUX
faba-11	366	19	not	not	PART
faba-11	366	20	granger	granger	AUX
faba-11	366	21	cause	cause	VERB
faba-11	366	22	lvol_jci	lvol_jci	PROPN
faba-11	366	23	0.000	0.000	NUM
faba-11	366	24	0.8318	0.8318	NUM
faba-11	366	25	0.206	0.206	NUM
faba-11	366	26	lvol_jci	lvol_jci	PROPN
faba-11	366	27	does	do	AUX
faba-11	366	28	not	not	PART
faba-11	366	29	g	g	NOUN
faba-11	366	30	-	-	PUNCT
faba-11	366	31	cause	cause	VERB
faba-11	366	32	lvol_sti	lvol_sti	NOUN
faba-11	366	33	1155	1155	NUM
faba-11	366	34	0.000	0.000	NUM
faba-11	366	35	13	13	NUM
faba-11	366	36	0.7625	0.7625	NUM
faba-11	366	37	0.000	0.000	NUM
faba-11	366	38	*	*	PUNCT
faba-11	366	39	*	*	PUNCT
faba-11	366	40	*	*	NOUN
faba-11	366	41	lvol_sti	lvol_sti	PRON
faba-11	366	42	does	do	AUX
faba-11	366	43	not	not	PART
faba-11	366	44	g	g	NOUN
faba-11	366	45	-	-	PUNCT
faba-11	366	46	cause	cause	VERB
faba-11	366	47	lvol_jci	lvol_jci	PROPN
faba-11	366	48	0.000	0.000	NUM
faba-11	366	49	0.6490	0.6490	NUM
faba-11	366	50	0.000	0.000	NUM
faba-11	366	51	*	*	PUNCT
faba-11	366	52	*	*	PUNCT
faba-11	366	53	*	*	PUNCT
faba-11	367	1	*	*	PUNCT
faba-11	367	2	*	*	PUNCT
faba-11	367	3	*	*	PUNCT
faba-11	367	4	represents	represent	VERB
faba-11	367	5	the	the	DET
faba-11	367	6	causal	causal	ADJ
faba-11	367	7	relationship	relationship	NOUN
faba-11	367	8	being	be	AUX
faba-11	367	9	significant	significant	ADJ
faba-11	367	10	at	at	ADP
faba-11	367	11	1	1	NUM
faba-11	367	12	%	%	NOUN
faba-11	367	13	.	.	PUNCT
faba-11	368	1	*	*	PUNCT
faba-11	368	2	*	*	PUNCT
faba-11	368	3	represents	represent	VERB
faba-11	368	4	the	the	DET
faba-11	368	5	causal	causal	ADJ
faba-11	368	6	relationship	relationship	NOUN
faba-11	368	7	being	be	AUX
faba-11	368	8	significant	significant	ADJ
faba-11	368	9	at	at	ADP
faba-11	368	10	5	5	NUM
faba-11	368	11	%	%	NOUN
faba-11	368	12	.	.	PUNCT
faba-11	369	1	*	*	PUNCT
faba-11	369	2	represents	represent	VERB
faba-11	369	3	the	the	DET
faba-11	369	4	causal	causal	ADJ
faba-11	369	5	relationship	relationship	NOUN
faba-11	369	6	being	be	AUX
faba-11	369	7	significant	significant	ADJ
faba-11	369	8	at	at	ADP
faba-11	369	9	10	10	NUM
faba-11	369	10	%	%	NOUN
faba-11	369	11	.	.	PUNCT
faba-11	370	1	table	table	NOUN
faba-11	370	2	5	5	NUM
faba-11	370	3	:	:	PUNCT
faba-11	370	4	pairwise	pairwise	PROPN
faba-11	370	5	granger	granger	NOUN
faba-11	370	6	causality	causality	NOUN
faba-11	370	7	tests	test	NOUN
faba-11	370	8	(	(	PUNCT
faba-11	370	9	between	between	ADP
faba-11	370	10	volume	volume	NOUN
faba-11	370	11	of	of	ADP
faba-11	370	12	each	each	DET
faba-11	370	13	market	market	NOUN
faba-11	370	14	)	)	PUNCT
faba-11	370	15	sti	sti	PROPN
faba-11	370	16	and	and	CCONJ
faba-11	370	17	klci	klci	NOUN
faba-11	370	18	volumes	volume	NOUN
faba-11	370	19	are	be	AUX
faba-11	370	20	found	find	VERB
faba-11	370	21	to	to	ADP
faba-11	370	22	bi	bi	VERB
faba-11	370	23	-	-	ADJ
faba-11	370	24	directionally	directionally	ADV
faba-11	370	25	granger	granger	NOUN
faba-11	370	26	-	-	PUNCT
faba-11	370	27	cause	cause	VERB
faba-11	370	28	one	one	NUM
faba-11	370	29	another	another	DET
faba-11	370	30	.	.	PUNCT
faba-11	371	1	singaporean	singaporean	ADJ
faba-11	371	2	trading	trading	NOUN
faba-11	371	3	volume	volume	NOUN
faba-11	371	4	records	record	VERB
faba-11	371	5	a	a	DET
faba-11	371	6	p	p	NOUN
faba-11	371	7	-	-	PUNCT
faba-11	371	8	value	value	NOUN
faba-11	371	9	of	of	ADP
faba-11	371	10	0.000	0.000	NUM
faba-11	371	11	against	against	ADP
faba-11	371	12	the	the	DET
faba-11	371	13	malaysian	malaysian	ADJ
faba-11	371	14	trading	trading	NOUN
faba-11	371	15	volume	volume	NOUN
faba-11	371	16	;	;	PUNCT
faba-11	371	17	significant	significant	ADJ
faba-11	371	18	at	at	ADP
faba-11	371	19	1	1	NUM
faba-11	371	20	%	%	NOUN
faba-11	371	21	level	level	NOUN
faba-11	371	22	,	,	PUNCT
faba-11	371	23	hence	hence	ADV
faba-11	371	24	rejecting	reject	VERB
faba-11	371	25	the	the	DET
faba-11	371	26	null	null	ADJ
faba-11	371	27	hypothesis	hypothesis	NOUN
faba-11	371	28	.	.	PUNCT
faba-11	372	1	the	the	DET
faba-11	372	2	same	same	ADJ
faba-11	372	3	goes	go	VERB
faba-11	372	4	to	to	ADP
faba-11	372	5	the	the	DET
faba-11	372	6	other	other	ADJ
faba-11	372	7	way	way	NOUN
faba-11	372	8	around	around	ADV
faba-11	372	9	,	,	PUNCT
faba-11	372	10	where	where	SCONJ
faba-11	372	11	malaysian	malaysian	ADJ
faba-11	372	12	volume	volume	NOUN
faba-11	372	13	is	be	AUX
faba-11	372	14	significant	significant	ADJ
faba-11	372	15	at	at	ADP
faba-11	372	16	10	10	NUM
faba-11	372	17	%	%	NOUN
faba-11	372	18	level	level	NOUN
faba-11	372	19	to	to	PART
faba-11	372	20	cause	cause	VERB
faba-11	372	21	singapore	singapore	PROPN
faba-11	372	22	volume	volume	NOUN
faba-11	372	23	as	as	ADP
faba-11	372	24	a	a	DET
faba-11	372	25	p	p	NOUN
faba-11	372	26	-	-	PUNCT
faba-11	372	27	value	value	NOUN
faba-11	372	28	of	of	ADP
faba-11	372	29	0.062	0.062	NUM
faba-11	372	30	is	be	AUX
faba-11	372	31	recorded	record	VERB
faba-11	372	32	.	.	PUNCT
faba-11	373	1	similarly	similarly	ADV
faba-11	373	2	,	,	PUNCT
faba-11	373	3	a	a	DET
faba-11	373	4	significant	significant	ADJ
faba-11	373	5	at	at	ADP
faba-11	373	6	99	99	NUM
faba-11	373	7	%	%	NOUN
faba-11	373	8	level	level	NOUN
faba-11	373	9	bidirectional	bidirectional	ADJ
faba-11	373	10	causality	causality	NOUN
faba-11	373	11	is	be	AUX
faba-11	373	12	detected	detect	VERB
faba-11	373	13	as	as	ADP
faba-11	373	14	running	run	VERB
faba-11	373	15	between	between	ADP
faba-11	373	16	singapore	singapore	PROPN
faba-11	373	17	and	and	CCONJ
faba-11	373	18	indonesian	indonesian	ADJ
faba-11	373	19	trading	trading	NOUN
faba-11	373	20	volumes	volume	NOUN
faba-11	373	21	.	.	PUNCT
faba-11	374	1	both	both	PRON
faba-11	374	2	of	of	ADP
faba-11	374	3	the	the	DET
faba-11	374	4	null	null	ADJ
faba-11	374	5	hypotheses	hypothesis	NOUN
faba-11	374	6	are	be	AUX
faba-11	374	7	rejected	reject	VERB
faba-11	374	8	at	at	ADP
faba-11	374	9	once	once	ADV
faba-11	374	10	here	here	ADV
faba-11	374	11	,	,	PUNCT
faba-11	374	12	indicating	indicate	VERB
faba-11	374	13	that	that	SCONJ
faba-11	374	14	volumes	volume	NOUN
faba-11	374	15	in	in	ADP
faba-11	374	16	both	both	PRON
faba-11	374	17	of	of	ADP
faba-11	374	18	the	the	DET
faba-11	374	19	markets	market	NOUN
faba-11	374	20	do	do	AUX
faba-11	374	21	cause	cause	VERB
faba-11	374	22	one	one	NUM
faba-11	374	23	another	another	DET
faba-11	374	24	and	and	CCONJ
faba-11	374	25	move	move	VERB
faba-11	374	26	in	in	ADP
faba-11	374	27	the	the	DET
faba-11	374	28	same	same	ADJ
faba-11	374	29	direction	direction	NOUN
faba-11	374	30	.	.	PUNCT
faba-11	375	1	however	however	ADV
faba-11	375	2	,	,	PUNCT
faba-11	375	3	the	the	DET
faba-11	375	4	indonesian	indonesian	ADJ
faba-11	375	5	and	and	CCONJ
faba-11	375	6	malaysian	malaysian	ADJ
faba-11	375	7	trading	trading	NOUN
faba-11	375	8	volume	volume	NOUN
faba-11	375	9	showed	show	VERB
faba-11	375	10	no	no	DET
faba-11	375	11	causality	causality	NOUN
faba-11	375	12	at	at	ADV
faba-11	375	13	all	all	ADV
faba-11	375	14	in	in	ADP
faba-11	375	15	any	any	DET
faba-11	375	16	direction	direction	NOUN
faba-11	375	17	as	as	SCONJ
faba-11	375	18	indicated	indicate	VERB
faba-11	375	19	by	by	ADP
faba-11	375	20	the	the	DET
faba-11	375	21	0.400	0.400	NUM
faba-11	375	22	and	and	CCONJ
faba-11	375	23	0.206	0.206	NUM
faba-11	375	24	p	p	NOUN
faba-11	375	25	-	-	PUNCT
faba-11	375	26	values	value	NOUN
faba-11	375	27	.	.	PUNCT
faba-11	376	1	hence	hence	ADV
faba-11	376	2	,	,	PUNCT
faba-11	376	3	it	it	PRON
faba-11	376	4	can	can	AUX
faba-11	376	5	be	be	AUX
faba-11	376	6	concluded	conclude	VERB
faba-11	376	7	here	here	ADV
faba-11	376	8	that	that	SCONJ
faba-11	376	9	singapore	singapore	PROPN
faba-11	376	10	trading	trading	NOUN
faba-11	376	11	volume	volume	NOUN
faba-11	376	12	is	be	AUX
faba-11	376	13	granger	granger	NOUN
faba-11	376	14	-	-	PUNCT
faba-11	376	15	caused	cause	VERB
faba-11	376	16	by	by	ADP
faba-11	376	17	and	and	CCONJ
faba-11	376	18	granger	granger	NOUN
faba-11	376	19	-	-	PUNCT
faba-11	376	20	causing	cause	VERB
faba-11	376	21	both	both	CCONJ
faba-11	376	22	malaysian	malaysian	ADJ
faba-11	376	23	and	and	CCONJ
faba-11	376	24	indonesian	indonesian	ADJ
faba-11	376	25	volumes	volume	NOUN
faba-11	376	26	,	,	PUNCT
faba-11	376	27	but	but	CCONJ
faba-11	376	28	the	the	DET
faba-11	376	29	malaysian	malaysian	ADJ
faba-11	376	30	and	and	CCONJ
faba-11	376	31	indonesian	indonesian	ADJ
faba-11	376	32	volumes	volume	NOUN
faba-11	376	33	do	do	AUX
faba-11	376	34	not	not	PART
faba-11	376	35	interact	interact	VERB
faba-11	376	36	with	with	ADP
faba-11	376	37	one	one	NUM
faba-11	376	38	another	another	DET
faba-11	376	39	.	.	PUNCT
faba-11	377	1	arguably	arguably	ADV
faba-11	377	2	,	,	PUNCT
faba-11	377	3	almost	almost	ADV
faba-11	377	4	all	all	PRON
faba-11	377	5	of	of	ADP
faba-11	377	6	the	the	DET
faba-11	377	7	trading	trading	NOUN
faba-11	377	8	volumes	volume	NOUN
faba-11	377	9	exhibit	exhibit	VERB
faba-11	377	10	strong	strong	ADJ
faba-11	377	11	causality	causality	NOUN
faba-11	377	12	between	between	ADP
faba-11	377	13	one	one	NUM
faba-11	377	14	another	another	DET
faba-11	377	15	as	as	SCONJ
faba-11	377	16	evidenced	evidence	VERB
faba-11	377	17	by	by	ADP
faba-11	377	18	the	the	DET
faba-11	377	19	high	high	ADJ
faba-11	377	20	r	r	NOUN
faba-11	377	21	-	-	PUNCT
faba-11	377	22	square	square	ADJ
faba-11	377	23	values	value	NOUN
faba-11	377	24	.	.	PUNCT
faba-11	378	1	moderate	moderate	ADJ
faba-11	378	2	to	to	ADP
faba-11	378	3	strong	strong	ADJ
faba-11	378	4	explanatory	explanatory	ADJ
faba-11	378	5	powers	power	NOUN
faba-11	378	6	were	be	AUX
faba-11	378	7	recorded	record	VERB
faba-11	378	8	between	between	ADP
faba-11	378	9	the	the	DET
faba-11	378	10	pairs	pair	NOUN
faba-11	378	11	of	of	ADP
faba-11	378	12	variables	variable	NOUN
faba-11	378	13	in	in	ADP
faba-11	378	14	each	each	DET
faba-11	378	15	markets	market	NOUN
faba-11	378	16	,	,	PUNCT
faba-11	378	17	indicating	indicate	VERB
faba-11	378	18	that	that	SCONJ
faba-11	378	19	trading	trading	NOUN
faba-11	378	20	volumes	volume	NOUN
faba-11	378	21	in	in	ADP
faba-11	378	22	different	different	ADJ
faba-11	378	23	neighboring	neighboring	NOUN
faba-11	378	24	markets	market	NOUN
faba-11	378	25	do	do	AUX
faba-11	378	26	move	move	VERB
faba-11	378	27	in	in	ADP
faba-11	378	28	almost	almost	ADV
faba-11	378	29	the	the	DET
faba-11	378	30	same	same	ADJ
faba-11	378	31	pattern	pattern	NOUN
faba-11	378	32	through	through	ADP
faba-11	378	33	time	time	NOUN
faba-11	378	34	.	.	PUNCT
faba-11	379	1	m.r	m.r	PROPN
faba-11	379	2	.	.	PROPN
faba-11	379	3	miseman	miseman	PROPN
faba-11	379	4	et	et	PROPN
faba-11	379	5	al	al	PROPN
faba-11	379	6	.	.	PUNCT
faba-11	379	7	/	/	SYM
faba-11	379	8	finance	finance	NOUN
faba-11	379	9	,	,	PUNCT
faba-11	379	10	accounting	accounting	NOUN
faba-11	379	11	and	and	CCONJ
faba-11	379	12	business	business	NOUN
faba-11	379	13	analisys	analisys	NOUN
faba-11	379	14	14	14	NUM
faba-11	379	15	lastly	lastly	ADV
faba-11	379	16	,	,	PUNCT
faba-11	379	17	table	table	NOUN
faba-11	379	18	6	6	NUM
faba-11	379	19	below	below	ADV
faba-11	379	20	concludes	conclude	VERB
faba-11	379	21	the	the	DET
faba-11	379	22	causality	causality	NOUN
faba-11	379	23	tests	test	VERB
faba-11	379	24	by	by	ADP
faba-11	379	25	summarizing	summarize	VERB
faba-11	379	26	the	the	DET
faba-11	379	27	granger	granger	NOUN
faba-11	379	28	-	-	PUNCT
faba-11	379	29	causality	causality	NOUN
faba-11	379	30	tests	test	NOUN
faba-11	379	31	results	result	VERB
faba-11	379	32	for	for	ADP
faba-11	379	33	the	the	DET
faba-11	379	34	pairs	pair	NOUN
faba-11	379	35	of	of	ADP
faba-11	379	36	inter	inter	ADJ
faba-11	379	37	-	-	ADJ
faba-11	379	38	market	market	ADJ
faba-11	379	39	returns	return	NOUN
faba-11	379	40	.	.	PUNCT
faba-11	380	1	null	null	ADJ
faba-11	380	2	hypotheses	hypothesis	NOUN
faba-11	380	3	:	:	PUNCT
faba-11	380	4	obs	obs	PROPN
faba-11	380	5	prob	prob	PROPN
faba-11	380	6	.	.	PUNCT
faba-11	380	7	>	>	X
faba-11	381	1	chi	chi	ADJ
faba-11	381	2	-	-	PUNCT
faba-11	381	3	sq	sq	PROPN
faba-11	381	4	lags	lag	VERB
faba-11	381	5	r	r	NOUN
faba-11	381	6	-	-	PUNCT
faba-11	381	7	sq	sq	ADJ
faba-11	381	8	prob	prob	NOUN
faba-11	381	9	.	.	PUNCT
faba-11	382	1	>	>	X
faba-11	383	1	f	f	PROPN
faba-11	383	2	–	–	PUNCT
faba-11	383	3	stat	stat	NOUN
faba-11	383	4	.	.	PUNCT
faba-11	384	1	return_sti	return_sti	NOUN
faba-11	384	2	does	do	AUX
faba-11	384	3	not	not	PART
faba-11	384	4	g	g	NOUN
faba-11	384	5	-	-	PUNCT
faba-11	384	6	cause	cause	VERB
faba-11	384	7	return_klci	return_klci	NOUN
faba-11	384	8	2901	2901	NUM
faba-11	384	9	0.000	0.000	NUM
faba-11	384	10	5	5	NUM
faba-11	384	11	0.0218	0.0218	NUM
faba-11	384	12	0.000	0.000	NUM
faba-11	384	13	*	*	PUNCT
faba-11	384	14	*	*	PUNCT
faba-11	384	15	*	*	PUNCT
faba-11	384	16	return_klci	return_klci	NOUN
faba-11	384	17	does	do	AUX
faba-11	384	18	not	not	PART
faba-11	384	19	g	g	NOUN
faba-11	384	20	-	-	PUNCT
faba-11	384	21	cause	cause	VERB
faba-11	384	22	return_sti	return_sti	NOUN
faba-11	384	23	0.000	0.000	NUM
faba-11	384	24	0.0088	0.0088	NUM
faba-11	384	25	0.010	0.010	NUM
faba-11	384	26	*	*	PUNCT
faba-11	384	27	*	*	PUNCT
faba-11	384	28	*	*	NOUN
faba-11	384	29	return_jci	return_jci	X
faba-11	384	30	does	do	AUX
faba-11	384	31	not	not	PART
faba-11	384	32	g	g	NOUN
faba-11	384	33	-	-	PUNCT
faba-11	384	34	cause	cause	VERB
faba-11	384	35	return_klci	return_klci	NOUN
faba-11	384	36	2531	2531	NUM
faba-11	384	37	0.000	0.000	NUM
faba-11	384	38	5	5	NUM
faba-11	384	39	0.0289	0.0289	NUM
faba-11	384	40	0.000	0.000	NUM
faba-11	385	1	*	*	PUNCT
faba-11	385	2	*	*	PUNCT
faba-11	385	3	*	*	PUNCT
faba-11	385	4	return_klci	return_klci	NOUN
faba-11	385	5	does	do	AUX
faba-11	385	6	not	not	PART
faba-11	385	7	g	g	NOUN
faba-11	385	8	-	-	PUNCT
faba-11	385	9	cause	cause	VERB
faba-11	385	10	return_jci	return_jci	NUM
faba-11	385	11	0.000	0.000	NUM
faba-11	385	12	0.0140	0.0140	NUM
faba-11	385	13	0.718	0.718	NUM
faba-11	385	14	return_jci	return_jci	NUM
faba-11	385	15	does	do	AUX
faba-11	385	16	not	not	PART
faba-11	385	17	g	g	NOUN
faba-11	385	18	-	-	PUNCT
faba-11	385	19	cause	cause	VERB
faba-11	385	20	return_sti	return_sti	NOUN
faba-11	385	21	3386	3386	NUM
faba-11	385	22	0.000	0.000	NUM
faba-11	385	23	1	1	NUM
faba-11	385	24	0.0193	0.0193	NUM
faba-11	385	25	0.479	0.479	NUM
faba-11	385	26	return_sti	return_sti	NOUN
faba-11	385	27	does	do	AUX
faba-11	385	28	not	not	PART
faba-11	385	29	g	g	NOUN
faba-11	385	30	-	-	PUNCT
faba-11	385	31	cause	cause	VERB
faba-11	385	32	return_jci	return_jci	NUM
faba-11	385	33	0.000	0.000	NUM
faba-11	385	34	0.0010	0.0010	NUM
faba-11	385	35	0.000	0.000	NUM
faba-11	385	36	*	*	PUNCT
faba-11	386	1	*	*	PUNCT
faba-11	386	2	*	*	PUNCT
faba-11	386	3	*	*	PUNCT
faba-11	386	4	*	*	PUNCT
faba-11	386	5	*	*	PUNCT
faba-11	386	6	represents	represent	VERB
faba-11	386	7	the	the	DET
faba-11	386	8	causal	causal	ADJ
faba-11	386	9	relationship	relationship	NOUN
faba-11	386	10	being	be	AUX
faba-11	386	11	significant	significant	ADJ
faba-11	386	12	at	at	ADP
faba-11	386	13	1	1	NUM
faba-11	386	14	%	%	NOUN
faba-11	386	15	.	.	PUNCT
faba-11	387	1	*	*	PUNCT
faba-11	387	2	*	*	PUNCT
faba-11	387	3	represents	represent	VERB
faba-11	387	4	the	the	DET
faba-11	387	5	causal	causal	ADJ
faba-11	387	6	relationship	relationship	NOUN
faba-11	387	7	being	be	AUX
faba-11	387	8	significant	significant	ADJ
faba-11	387	9	at	at	ADP
faba-11	387	10	5	5	NUM
faba-11	387	11	%	%	NOUN
faba-11	387	12	.	.	PUNCT
faba-11	388	1	*	*	PUNCT
faba-11	388	2	represents	represent	VERB
faba-11	388	3	the	the	DET
faba-11	388	4	causal	causal	ADJ
faba-11	388	5	relationship	relationship	NOUN
faba-11	388	6	being	be	AUX
faba-11	388	7	significant	significant	ADJ
faba-11	388	8	at	at	ADP
faba-11	388	9	10	10	NUM
faba-11	388	10	%	%	NOUN
faba-11	388	11	.	.	PUNCT
faba-11	389	1	table	table	NOUN
faba-11	389	2	6	6	NUM
faba-11	389	3	:	:	PUNCT
faba-11	389	4	pairwise	pairwise	PROPN
faba-11	389	5	granger	granger	NOUN
faba-11	389	6	causality	causality	NOUN
faba-11	389	7	tests	test	NOUN
faba-11	389	8	(	(	PUNCT
faba-11	389	9	between	between	ADP
faba-11	389	10	returns	return	NOUN
faba-11	389	11	of	of	ADP
faba-11	389	12	each	each	DET
faba-11	389	13	market	market	NOUN
faba-11	389	14	)	)	PUNCT
faba-11	389	15	the	the	DET
faba-11	389	16	results	result	NOUN
faba-11	389	17	suggest	suggest	VERB
faba-11	389	18	bidirectional	bidirectional	ADJ
faba-11	389	19	causality	causality	NOUN
faba-11	389	20	between	between	ADP
faba-11	389	21	klci	klci	NOUN
faba-11	389	22	and	and	CCONJ
faba-11	389	23	sti	sti	PROPN
faba-11	389	24	returns	return	NOUN
faba-11	389	25	,	,	PUNCT
faba-11	389	26	as	as	SCONJ
faba-11	389	27	indicated	indicate	VERB
faba-11	389	28	by	by	ADP
faba-11	389	29	0.000	0.000	NUM
faba-11	389	30	pvalue	pvalue	NOUN
faba-11	389	31	for	for	ADP
faba-11	389	32	the	the	DET
faba-11	389	33	case	case	NOUN
faba-11	389	34	of	of	ADP
faba-11	389	35	sti	sti	PROPN
faba-11	389	36	returns	return	VERB
faba-11	389	37	to	to	ADP
faba-11	389	38	klci	klci	NOUN
faba-11	389	39	returns	return	NOUN
faba-11	389	40	,	,	PUNCT
faba-11	389	41	and	and	CCONJ
faba-11	389	42	0.01	0.01	NUM
faba-11	389	43	for	for	ADP
faba-11	389	44	the	the	DET
faba-11	389	45	case	case	NOUN
faba-11	389	46	of	of	ADP
faba-11	389	47	klci	klci	NOUN
faba-11	389	48	to	to	ADP
faba-11	389	49	sti	sti	PROPN
faba-11	389	50	.	.	PUNCT
faba-11	390	1	both	both	PRON
faba-11	390	2	of	of	ADP
faba-11	390	3	the	the	DET
faba-11	390	4	pairwise	pairwise	NOUN
faba-11	390	5	causality	causality	NOUN
faba-11	390	6	is	be	AUX
faba-11	390	7	significant	significant	ADJ
faba-11	390	8	at	at	ADP
faba-11	390	9	99	99	NUM
faba-11	390	10	%	%	NOUN
faba-11	390	11	,	,	PUNCT
faba-11	390	12	indicating	indicate	VERB
faba-11	390	13	rejection	rejection	NOUN
faba-11	390	14	on	on	ADP
faba-11	390	15	both	both	PRON
faba-11	390	16	of	of	ADP
faba-11	390	17	the	the	DET
faba-11	390	18	null	null	ADJ
faba-11	390	19	hypotheses	hypothesis	NOUN
faba-11	390	20	.	.	PUNCT
faba-11	391	1	nevertheless	nevertheless	ADV
faba-11	391	2	,	,	PUNCT
faba-11	391	3	the	the	DET
faba-11	391	4	r	r	NOUN
faba-11	391	5	-	-	PUNCT
faba-11	391	6	square	square	ADJ
faba-11	391	7	values	value	NOUN
faba-11	391	8	are	be	AUX
faba-11	391	9	very	very	ADV
faba-11	391	10	small	small	ADJ
faba-11	391	11	and	and	CCONJ
faba-11	391	12	almost	almost	ADV
faba-11	391	13	negligible	negligible	ADJ
faba-11	391	14	as	as	SCONJ
faba-11	391	15	sti	sti	PROPN
faba-11	391	16	return	return	NOUN
faba-11	391	17	can	can	AUX
faba-11	391	18	only	only	ADV
faba-11	391	19	explain	explain	VERB
faba-11	391	20	2.18	2.18	NUM
faba-11	391	21	%	%	NOUN
faba-11	391	22	of	of	ADP
faba-11	391	23	klci	klci	NOUN
faba-11	391	24	return	return	NOUN
faba-11	391	25	while	while	SCONJ
faba-11	391	26	klci	klci	NOUN
faba-11	391	27	return	return	NOUN
faba-11	391	28	can	can	AUX
faba-11	391	29	only	only	ADV
faba-11	391	30	explain	explain	VERB
faba-11	391	31	sti	sti	PROPN
faba-11	391	32	return	return	VERB
faba-11	391	33	by	by	ADP
faba-11	391	34	0.88	0.88	NUM
faba-11	391	35	%	%	NOUN
faba-11	391	36	.	.	PUNCT
faba-11	392	1	return	return	NOUN
faba-11	392	2	of	of	ADP
faba-11	392	3	klci	klci	NOUN
faba-11	392	4	is	be	AUX
faba-11	392	5	also	also	ADV
faba-11	392	6	caused	cause	VERB
faba-11	392	7	by	by	ADP
faba-11	392	8	jci	jci	PROPN
faba-11	392	9	return	return	PROPN
faba-11	392	10	at	at	ADP
faba-11	392	11	1	1	NUM
faba-11	392	12	%	%	NOUN
faba-11	392	13	significance	significance	NOUN
faba-11	392	14	level	level	NOUN
faba-11	392	15	;	;	PUNCT
faba-11	392	16	hence	hence	ADV
faba-11	392	17	,	,	PUNCT
faba-11	392	18	the	the	DET
faba-11	392	19	null	null	ADJ
faba-11	392	20	hypothesis	hypothesis	NOUN
faba-11	392	21	is	be	AUX
faba-11	392	22	rejected	reject	VERB
faba-11	392	23	.	.	PUNCT
faba-11	393	1	however	however	ADV
faba-11	393	2	,	,	PUNCT
faba-11	393	3	the	the	DET
faba-11	393	4	opposite	opposite	ADJ
faba-11	393	5	causality	causality	NOUN
faba-11	393	6	from	from	ADP
faba-11	393	7	indonesian	indonesian	ADJ
faba-11	393	8	to	to	ADP
faba-11	393	9	malaysian	malaysian	ADJ
faba-11	393	10	market	market	NOUN
faba-11	393	11	return	return	NOUN
faba-11	393	12	does	do	AUX
faba-11	393	13	not	not	PART
faba-11	393	14	take	take	VERB
faba-11	393	15	place	place	NOUN
faba-11	393	16	as	as	SCONJ
faba-11	393	17	a	a	DET
faba-11	393	18	p	p	NOUN
faba-11	393	19	-	-	PUNCT
faba-11	393	20	value	value	NOUN
faba-11	393	21	of	of	ADP
faba-11	393	22	0.718	0.718	NUM
faba-11	393	23	is	be	AUX
faba-11	393	24	recorded	record	VERB
faba-11	393	25	.	.	PUNCT
faba-11	394	1	only	only	ADV
faba-11	394	2	a	a	DET
faba-11	394	3	unidirectional	unidirectional	ADJ
faba-11	394	4	relationship	relationship	NOUN
faba-11	394	5	is	be	AUX
faba-11	394	6	observed	observe	VERB
faba-11	394	7	between	between	ADP
faba-11	394	8	the	the	DET
faba-11	394	9	pair	pair	NOUN
faba-11	394	10	.	.	PUNCT
faba-11	395	1	the	the	DET
faba-11	395	2	r	r	NOUN
faba-11	395	3	-	-	PUNCT
faba-11	395	4	square	square	ADJ
faba-11	395	5	value	value	NOUN
faba-11	395	6	for	for	ADP
faba-11	395	7	this	this	DET
faba-11	395	8	pair	pair	NOUN
faba-11	395	9	is	be	AUX
faba-11	395	10	also	also	ADV
faba-11	395	11	very	very	ADV
faba-11	395	12	small	small	ADJ
faba-11	395	13	at	at	ADP
faba-11	395	14	2.89	2.89	NUM
faba-11	395	15	%	%	NOUN
faba-11	395	16	.	.	PUNCT
faba-11	396	1	similarly	similarly	ADV
faba-11	396	2	,	,	PUNCT
faba-11	396	3	a	a	DET
faba-11	396	4	unidirectional	unidirectional	ADJ
faba-11	396	5	causality	causality	NOUN
faba-11	396	6	is	be	AUX
faba-11	396	7	recorded	record	VERB
faba-11	396	8	running	run	VERB
faba-11	396	9	from	from	ADP
faba-11	396	10	singaporean	singaporean	ADJ
faba-11	396	11	return	return	NOUN
faba-11	396	12	to	to	ADP
faba-11	396	13	indonesian	indonesian	ADJ
faba-11	396	14	return	return	NOUN
faba-11	396	15	at	at	ADP
faba-11	396	16	1	1	NUM
faba-11	396	17	%	%	NOUN
faba-11	396	18	level	level	NOUN
faba-11	396	19	while	while	SCONJ
faba-11	396	20	the	the	DET
faba-11	396	21	opposite	opposite	ADJ
faba-11	396	22	causality	causality	NOUN
faba-11	396	23	is	be	AUX
faba-11	396	24	insignificant	insignificant	ADJ
faba-11	396	25	due	due	ADP
faba-11	396	26	to	to	ADP
faba-11	396	27	the	the	DET
faba-11	396	28	p	p	NOUN
faba-11	396	29	-	-	PUNCT
faba-11	396	30	value	value	NOUN
faba-11	396	31	of	of	ADP
faba-11	396	32	0.479	0.479	NUM
faba-11	396	33	.	.	PUNCT
faba-11	397	1	thus	thus	ADV
faba-11	397	2	,	,	PUNCT
faba-11	397	3	only	only	ADV
faba-11	397	4	the	the	DET
faba-11	397	5	null	null	ADJ
faba-11	397	6	hypothesis	hypothesis	NOUN
faba-11	397	7	for	for	ADP
faba-11	397	8	the	the	DET
faba-11	397	9	case	case	NOUN
faba-11	397	10	of	of	ADP
faba-11	397	11	sti	sti	PROPN
faba-11	397	12	return	return	VERB
faba-11	397	13	to	to	ADP
faba-11	397	14	jci	jci	PROPN
faba-11	397	15	return	return	PROPN
faba-11	397	16	is	be	AUX
faba-11	397	17	rejected	reject	VERB
faba-11	397	18	while	while	SCONJ
faba-11	397	19	the	the	DET
faba-11	397	20	reverse	reverse	NOUN
faba-11	397	21	is	be	AUX
faba-11	397	22	failed	fail	VERB
faba-11	397	23	to	to	PART
faba-11	397	24	be	be	AUX
faba-11	397	25	rejected	reject	VERB
faba-11	397	26	.	.	PUNCT
faba-11	398	1	just	just	ADV
faba-11	398	2	like	like	ADP
faba-11	398	3	the	the	DET
faba-11	398	4	other	other	ADJ
faba-11	398	5	two	two	NUM
faba-11	398	6	markets	market	NOUN
faba-11	398	7	,	,	PUNCT
faba-11	398	8	the	the	DET
faba-11	398	9	r	r	NOUN
faba-11	398	10	-	-	PUNCT
faba-11	398	11	square	square	NOUN
faba-11	398	12	indicates	indicate	VERB
faba-11	398	13	that	that	SCONJ
faba-11	398	14	singapore	singapore	PROPN
faba-11	398	15	return	return	NOUN
faba-11	398	16	can	can	AUX
faba-11	398	17	only	only	ADV
faba-11	398	18	explain	explain	VERB
faba-11	398	19	the	the	DET
faba-11	398	20	variation	variation	NOUN
faba-11	398	21	of	of	ADP
faba-11	398	22	indonesian	indonesian	ADJ
faba-11	398	23	return	return	NOUN
faba-11	398	24	by	by	ADP
faba-11	398	25	less	less	ADJ
faba-11	398	26	than	than	ADP
faba-11	398	27	1	1	NUM
faba-11	398	28	%	%	NOUN
faba-11	398	29	.	.	PUNCT
faba-11	399	1	therefore	therefore	ADV
faba-11	399	2	,	,	PUNCT
faba-11	399	3	even	even	ADV
faba-11	399	4	though	though	SCONJ
faba-11	399	5	the	the	DET
faba-11	399	6	causality	causality	NOUN
faba-11	399	7	is	be	AUX
faba-11	399	8	present	present	ADJ
faba-11	399	9	,	,	PUNCT
faba-11	399	10	the	the	DET
faba-11	399	11	strength	strength	NOUN
faba-11	399	12	of	of	ADP
faba-11	399	13	association	association	NOUN
faba-11	399	14	between	between	ADP
faba-11	399	15	the	the	DET
faba-11	399	16	pairs	pair	NOUN
faba-11	399	17	of	of	ADP
faba-11	399	18	stock	stock	NOUN
faba-11	399	19	market	market	NOUN
faba-11	399	20	returns	return	NOUN
faba-11	399	21	is	be	AUX
faba-11	399	22	still	still	ADV
faba-11	399	23	questionable	questionable	ADJ
faba-11	399	24	.	.	PUNCT
faba-11	400	1	it	it	PRON
faba-11	400	2	is	be	AUX
faba-11	400	3	to	to	PART
faba-11	400	4	be	be	AUX
faba-11	400	5	noted	note	VERB
faba-11	400	6	here	here	ADV
faba-11	400	7	that	that	SCONJ
faba-11	400	8	all	all	PRON
faba-11	400	9	of	of	ADP
faba-11	400	10	the	the	DET
faba-11	400	11	tests	test	NOUN
faba-11	400	12	are	be	AUX
faba-11	400	13	considered	consider	VERB
faba-11	400	14	wellspecified	wellspecifie	VERB
faba-11	400	15	due	due	ADP
faba-11	400	16	to	to	ADP
faba-11	400	17	the	the	DET
faba-11	400	18	fact	fact	NOUN
faba-11	400	19	that	that	SCONJ
faba-11	400	20	none	none	NOUN
faba-11	400	21	of	of	ADP
faba-11	400	22	the	the	DET
faba-11	400	23	pair	pair	NOUN
faba-11	400	24	exhibit	exhibit	VERB
faba-11	400	25	insignificant	insignificant	ADJ
faba-11	400	26	p	p	ADJ
faba-11	400	27	-	-	PUNCT
faba-11	400	28	value	value	NOUN
faba-11	400	29	reading	reading	NOUN
faba-11	400	30	on	on	ADP
faba-11	400	31	the	the	DET
faba-11	400	32	chi	chi	ADJ
faba-11	400	33	-	-	PUNCT
faba-11	400	34	square	square	ADJ
faba-11	400	35	distribution	distribution	NOUN
faba-11	400	36	except	except	SCONJ
faba-11	400	37	two	two	NUM
faba-11	400	38	which	which	PRON
faba-11	400	39	are	be	AUX
faba-11	400	40	the	the	DET
faba-11	400	41	causality	causality	NOUN
faba-11	400	42	from	from	ADP
faba-11	400	43	singapore	singapore	PROPN
faba-11	400	44	return	return	NOUN
faba-11	400	45	to	to	ADP
faba-11	400	46	indonesian	indonesian	ADJ
faba-11	400	47	return	return	NOUN
faba-11	400	48	and	and	CCONJ
faba-11	400	49	indonesian	indonesian	ADJ
faba-11	400	50	return	return	NOUN
faba-11	400	51	to	to	ADP
faba-11	400	52	malaysian	malaysian	ADJ
faba-11	400	53	volume	volume	NOUN
faba-11	400	54	.	.	PUNCT
faba-11	401	1	with	with	ADP
faba-11	401	2	at	at	ADV
faba-11	401	3	least	least	ADV
faba-11	401	4	1,000	1,000	NUM
faba-11	401	5	observations	observation	NOUN
faba-11	401	6	taken	take	VERB
faba-11	401	7	into	into	ADP
faba-11	401	8	consideration	consideration	NOUN
faba-11	401	9	in	in	ADP
faba-11	401	10	each	each	DET
faba-11	401	11	pair	pair	NOUN
faba-11	401	12	of	of	ADP
faba-11	401	13	variables	variable	NOUN
faba-11	401	14	,	,	PUNCT
faba-11	401	15	these	these	DET
faba-11	401	16	results	result	NOUN
faba-11	401	17	are	be	AUX
faba-11	401	18	considered	consider	VERB
faba-11	401	19	valid	valid	ADJ
faba-11	401	20	and	and	CCONJ
faba-11	401	21	reliable	reliable	ADJ
faba-11	401	22	.	.	PUNCT
faba-11	402	1	this	this	DET
faba-11	402	2	point	point	NOUN
faba-11	402	3	will	will	AUX
faba-11	402	4	be	be	AUX
faba-11	402	5	further	far	ADV
faba-11	402	6	validated	validate	VERB
faba-11	402	7	by	by	ADP
faba-11	402	8	the	the	DET
faba-11	402	9	following	follow	VERB
faba-11	402	10	test	test	NOUN
faba-11	402	11	results	result	NOUN
faba-11	402	12	accompanying	accompany	VERB
faba-11	402	13	the	the	DET
faba-11	402	14	granger	granger	NOUN
faba-11	402	15	-	-	PUNCT
faba-11	402	16	causality	causality	NOUN
faba-11	402	17	estimation	estimation	NOUN
faba-11	402	18	in	in	ADP
faba-11	402	19	stata	stata	NOUN
faba-11	402	20	.	.	PUNCT
faba-11	403	1	the	the	DET
faba-11	403	2	series	series	NOUN
faba-11	403	3	of	of	ADP
faba-11	403	4	tests	test	NOUN
faba-11	403	5	involved	involve	VERB
faba-11	403	6	are	be	AUX
faba-11	403	7	lagrangian	lagrangian	ADJ
faba-11	403	8	multiplier	multipli	ADJ
faba-11	403	9	test	test	NOUN
faba-11	403	10	for	for	ADP
faba-11	403	11	autocorrelation	autocorrelation	NOUN
faba-11	403	12	,	,	PUNCT
faba-11	403	13	jarque	jarque	NOUN
faba-11	403	14	-	-	PUNCT
faba-11	403	15	bera	bera	NOUN
faba-11	403	16	test	test	NOUN
faba-11	403	17	for	for	ADP
faba-11	403	18	skewness	skewness	NOUN
faba-11	403	19	and	and	CCONJ
faba-11	403	20	kurtosis	kurtosis	NOUN
faba-11	403	21	(	(	PUNCT
faba-11	403	22	normality	normality	NOUN
faba-11	403	23	)	)	PUNCT
faba-11	403	24	and	and	CCONJ
faba-11	403	25	eigenvalue	eigenvalue	VERB
faba-11	403	26	stability	stability	NOUN
faba-11	403	27	condition	condition	NOUN
faba-11	403	28	tests	test	NOUN
faba-11	403	29	.	.	PUNCT
faba-11	404	1	causality	causality	NOUN
faba-11	404	2	between	between	ADP
faba-11	404	3	trading	trading	NOUN
faba-11	404	4	volume	volume	NOUN
faba-11	404	5	and	and	CCONJ
faba-11	404	6	volatility	volatility	NOUN
faba-11	404	7	of	of	ADP
faba-11	404	8	stock	stock	NOUN
faba-11	404	9	returns	return	NOUN
faba-11	404	10	the	the	DET
faba-11	404	11	following	follow	VERB
faba-11	404	12	table	table	NOUN
faba-11	404	13	7	7	NUM
faba-11	404	14	contains	contain	VERB
faba-11	404	15	the	the	DET
faba-11	404	16	granger	granger	NOUN
faba-11	404	17	-	-	PUNCT
faba-11	404	18	causality	causality	NOUN
faba-11	404	19	results	result	NOUN
faba-11	404	20	for	for	ADP
faba-11	404	21	the	the	DET
faba-11	404	22	pairs	pair	NOUN
faba-11	404	23	of	of	ADP
faba-11	404	24	trading	trading	NOUN
faba-11	404	25	volume	volume	NOUN
faba-11	404	26	and	and	CCONJ
faba-11	404	27	volatility	volatility	NOUN
faba-11	404	28	of	of	ADP
faba-11	404	29	stock	stock	NOUN
faba-11	404	30	returns	return	NOUN
faba-11	404	31	for	for	ADP
faba-11	404	32	both	both	CCONJ
faba-11	404	33	local	local	ADJ
faba-11	404	34	and	and	CCONJ
faba-11	404	35	cross	cross	ADJ
faba-11	404	36	-	-	ADJ
faba-11	404	37	country	country	ADJ
faba-11	404	38	cases	case	NOUN
faba-11	404	39	.	.	PUNCT
faba-11	405	1	m.r	m.r	PROPN
faba-11	405	2	.	.	PROPN
faba-11	405	3	miseman	miseman	PROPN
faba-11	405	4	et	et	PROPN
faba-11	405	5	al	al	PROPN
faba-11	405	6	.	.	PUNCT
faba-11	405	7	/	/	SYM
faba-11	405	8	finance	finance	NOUN
faba-11	405	9	,	,	PUNCT
faba-11	405	10	accounting	accounting	NOUN
faba-11	405	11	and	and	CCONJ
faba-11	405	12	business	business	NOUN
faba-11	405	13	analisys	analisys	PROPN
faba-11	405	14	15	15	NUM
faba-11	405	15	null	null	ADJ
faba-11	405	16	hypotheses	hypothesis	NOUN
faba-11	405	17	obs	obs	VERB
faba-11	405	18	p	p	X
faba-11	405	19	>	>	X
faba-11	405	20	chisq	chisq	PROPN
faba-11	405	21	lags	lag	VERB
faba-11	405	22	r	r	NOUN
faba-11	405	23	-	-	PUNCT
faba-11	405	24	sq	sq	ADJ
faba-11	405	25	prob	prob	NOUN
faba-11	405	26	.	.	PUNCT
faba-11	406	1	>	>	X
faba-11	407	1	f	f	PROPN
faba-11	407	2	–	–	PUNCT
faba-11	407	3	stat	stat	PROPN
faba-11	407	4	panel	panel	NOUN
faba-11	407	5	1	1	NUM
faba-11	407	6	:	:	PUNCT
faba-11	407	7	between	between	ADP
faba-11	407	8	local	local	ADJ
faba-11	407	9	trading	trading	NOUN
faba-11	407	10	volumes	volume	NOUN
faba-11	407	11	and	and	CCONJ
faba-11	407	12	volatility	volatility	NOUN
faba-11	407	13	of	of	ADP
faba-11	407	14	returns	return	NOUN
faba-11	407	15	for	for	ADP
faba-11	407	16	each	each	DET
faba-11	407	17	countries	country	NOUN
faba-11	408	1	lvol_klci	lvol_klci	NOUN
faba-11	408	2	does	do	AUX
faba-11	408	3	not	not	PART
faba-11	408	4	g	g	NOUN
faba-11	408	5	-	-	PUNCT
faba-11	408	6	cause	cause	VERB
faba-11	408	7	variance_klci	variance_klci	NOUN
faba-11	408	8	3451	3451	NUM
faba-11	408	9	0.000	0.000	NUM
faba-11	408	10	8	8	NUM
faba-11	408	11	0.1052	0.1052	NUM
faba-11	408	12	0.000	0.000	NUM
faba-11	408	13	*	*	PUNCT
faba-11	408	14	*	*	PUNCT
faba-11	408	15	*	*	PUNCT
faba-11	408	16	variance	variance	NOUN
faba-11	408	17	_	_	DET
faba-11	408	18	klci	klci	NOUN
faba-11	408	19	does	do	AUX
faba-11	408	20	not	not	PART
faba-11	408	21	g	g	NOUN
faba-11	408	22	-	-	PUNCT
faba-11	408	23	cause	cause	VERB
faba-11	408	24	lvol_klci	lvol_klci	NOUN
faba-11	408	25	0.000	0.000	NUM
faba-11	408	26	0.8256	0.8256	NUM
faba-11	408	27	0.000	0.000	NUM
faba-11	408	28	*	*	PUNCT
faba-11	408	29	*	*	PUNCT
faba-11	408	30	*	*	NOUN
faba-11	408	31	lvol_sti	lvol_sti	PRON
faba-11	408	32	does	do	VERB
faba-11	408	33	not	not	PART
faba-11	408	34	g	g	NOUN
faba-11	408	35	-	-	PUNCT
faba-11	408	36	cause	cause	NOUN
faba-11	408	37	variance	variance	NOUN
faba-11	408	38	_	_	PROPN
faba-11	408	39	sti	sti	PROPN
faba-11	408	40	2967	2967	NUM
faba-11	408	41	0.000	0.000	NUM
faba-11	408	42	9	9	NUM
faba-11	408	43	0.8222	0.8222	NUM
faba-11	408	44	0.052	0.052	NUM
faba-11	408	45	*	*	PUNCT
faba-11	408	46	*	*	PUNCT
faba-11	408	47	variance	variance	NOUN
faba-11	408	48	_	_	PROPN
faba-11	408	49	sti	sti	PROPN
faba-11	408	50	does	do	AUX
faba-11	408	51	not	not	PART
faba-11	408	52	g	g	NOUN
faba-11	408	53	-	-	PUNCT
faba-11	408	54	cause	cause	VERB
faba-11	408	55	lvol_sti	lvol_sti	NUM
faba-11	408	56	0.000	0.000	NUM
faba-11	408	57	0.6857	0.6857	NUM
faba-11	408	58	0.000	0.000	NUM
faba-11	408	59	*	*	PUNCT
faba-11	408	60	*	*	PUNCT
faba-11	408	61	*	*	PUNCT
faba-11	408	62	lvol_jci	lvol_jci	PROPN
faba-11	408	63	does	do	AUX
faba-11	408	64	not	not	PART
faba-11	408	65	g	g	NOUN
faba-11	408	66	-	-	PUNCT
faba-11	408	67	cause	cause	NOUN
faba-11	408	68	variance	variance	NOUN
faba-11	408	69	_	_	PROPN
faba-11	408	70	jci	jci	X
faba-11	408	71	3171	3171	NUM
faba-11	408	72	0.000	0.000	NUM
faba-11	408	73	9	9	NUM
faba-11	408	74	0.8410	0.8410	NUM
faba-11	408	75	0.888	0.888	NUM
faba-11	408	76	variance	variance	NOUN
faba-11	408	77	_	_	PUNCT
faba-11	408	78	jci	jci	PROPN
faba-11	408	79	does	do	AUX
faba-11	408	80	not	not	PART
faba-11	408	81	g	g	NOUN
faba-11	408	82	-	-	PUNCT
faba-11	408	83	cause	cause	VERB
faba-11	408	84	lvol_jci	lvol_jci	PROPN
faba-11	408	85	0.000	0.000	NUM
faba-11	408	86	0.8590	0.8590	NUM
faba-11	408	87	0.148	0.148	NUM
faba-11	408	88	panel	panel	NOUN
faba-11	408	89	2	2	NUM
faba-11	408	90	:	:	PUNCT
faba-11	408	91	between	between	ADP
faba-11	408	92	cross	cross	ADJ
faba-11	408	93	-	-	ADJ
faba-11	408	94	country	country	ADJ
faba-11	408	95	trading	trading	NOUN
faba-11	408	96	volumes	volume	NOUN
faba-11	408	97	and	and	CCONJ
faba-11	408	98	volatility	volatility	NOUN
faba-11	408	99	of	of	ADP
faba-11	408	100	stock	stock	NOUN
faba-11	408	101	returns	return	NOUN
faba-11	408	102	lvol_klci	lvol_klci	NOUN
faba-11	408	103	does	do	VERB
faba-11	408	104	not	not	PART
faba-11	408	105	g	g	NOUN
faba-11	408	106	-	-	PUNCT
faba-11	408	107	cause	cause	NOUN
faba-11	408	108	variance	variance	NOUN
faba-11	408	109	_	_	PUNCT
faba-11	408	110	sti	sti	PROPN
faba-11	408	111	3400	3400	NUM
faba-11	408	112	0.000	0.000	NUM
faba-11	408	113	10	10	NUM
faba-11	408	114	0.8984	0.8984	NUM
faba-11	408	115	0.020	0.020	NUM
faba-11	408	116	*	*	PUNCT
faba-11	408	117	*	*	PUNCT
faba-11	408	118	variance	variance	NOUN
faba-11	408	119	_	_	PROPN
faba-11	408	120	sti	sti	PROPN
faba-11	408	121	does	do	AUX
faba-11	408	122	not	not	PART
faba-11	408	123	g	g	NOUN
faba-11	408	124	-	-	PUNCT
faba-11	408	125	cause	cause	VERB
faba-11	408	126	lvol_klci	lvol_klci	NOUN
faba-11	408	127	0.000	0.000	NUM
faba-11	408	128	0.8255	0.8255	NUM
faba-11	408	129	0.844	0.844	NUM
faba-11	408	130	lvol_klci	lvol_klci	NOUN
faba-11	408	131	does	do	VERB
faba-11	408	132	not	not	PART
faba-11	408	133	g	g	NOUN
faba-11	408	134	-	-	PUNCT
faba-11	408	135	cause	cause	NOUN
faba-11	408	136	variance	variance	NOUN
faba-11	408	137	_	_	PROPN
faba-11	408	138	jci	jci	X
faba-11	408	139	3171	3171	NUM
faba-11	408	140	0.000	0.000	NUM
faba-11	408	141	9	9	NUM
faba-11	408	142	0.2628	0.2628	NUM
faba-11	408	143	0.878	0.878	NUM
faba-11	408	144	variance	variance	NOUN
faba-11	408	145	_	_	PUNCT
faba-11	408	146	jci	jci	PROPN
faba-11	408	147	does	do	AUX
faba-11	408	148	not	not	PART
faba-11	408	149	g	g	NOUN
faba-11	408	150	-	-	PUNCT
faba-11	408	151	cause	cause	VERB
faba-11	408	152	lvol_klci	lvol_klci	NOUN
faba-11	408	153	0.000	0.000	NUM
faba-11	408	154	0.8586	0.8586	NUM
faba-11	408	155	0.818	0.818	NUM
faba-11	408	156	lvol_sti	lvol_sti	PROPN
faba-11	408	157	does	do	VERB
faba-11	408	158	not	not	PART
faba-11	408	159	g	g	NOUN
faba-11	408	160	-	-	PUNCT
faba-11	408	161	cause	cause	NOUN
faba-11	408	162	variance	variance	NOUN
faba-11	408	163	_	_	NOUN
faba-11	408	164	klci	klci	NOUN
faba-11	408	165	2862	2862	NUM
faba-11	408	166	0.000	0.000	NUM
faba-11	408	167	9	9	NUM
faba-11	408	168	0.0763	0.0763	NUM
faba-11	408	169	0.000	0.000	NUM
faba-11	409	1	*	*	PUNCT
faba-11	409	2	*	*	PUNCT
faba-11	409	3	*	*	PUNCT
faba-11	409	4	variance	variance	NOUN
faba-11	409	5	_	_	DET
faba-11	409	6	klci	klci	NOUN
faba-11	409	7	does	do	AUX
faba-11	409	8	not	not	PART
faba-11	409	9	g	g	NOUN
faba-11	409	10	-	-	PUNCT
faba-11	409	11	cause	cause	VERB
faba-11	409	12	lvol_sti	lvol_sti	NOUN
faba-11	409	13	0.000	0.000	NUM
faba-11	409	14	0.6876	0.6876	NUM
faba-11	409	15	0.467	0.467	NUM
faba-11	409	16	lvol_sti	lvol_sti	PROPN
faba-11	409	17	does	do	VERB
faba-11	409	18	not	not	PART
faba-11	409	19	g	g	NOUN
faba-11	409	20	-	-	PUNCT
faba-11	409	21	cause	cause	NOUN
faba-11	409	22	variance	variance	NOUN
faba-11	409	23	_	_	PROPN
faba-11	409	24	jci	jci	X
faba-11	409	25	2862	2862	NUM
faba-11	409	26	0.000	0.000	NUM
faba-11	409	27	9	9	NUM
faba-11	409	28	0.8258	0.8258	NUM
faba-11	409	29	0.991	0.991	NUM
faba-11	409	30	variance	variance	NOUN
faba-11	409	31	_	_	PUNCT
faba-11	409	32	jci	jci	PROPN
faba-11	409	33	does	do	AUX
faba-11	409	34	not	not	PART
faba-11	409	35	g	g	NOUN
faba-11	409	36	-	-	PUNCT
faba-11	409	37	cause	cause	VERB
faba-11	409	38	lvol_sti	lvol_sti	NOUN
faba-11	409	39	0.000	0.000	NUM
faba-11	409	40	0.6882	0.6882	NUM
faba-11	409	41	0.798	0.798	NUM
faba-11	409	42	lvol_jci	lvol_jci	PRON
faba-11	409	43	does	do	AUX
faba-11	409	44	not	not	PART
faba-11	409	45	g	g	NOUN
faba-11	409	46	-	-	PUNCT
faba-11	409	47	cause	cause	NOUN
faba-11	409	48	variance	variance	NOUN
faba-11	409	49	_	_	PRON
faba-11	409	50	klci	klci	NOUN
faba-11	409	51	3171	3171	NUM
faba-11	409	52	0.000	0.000	NUM
faba-11	409	53	9	9	NUM
faba-11	409	54	0.2628	0.2628	NUM
faba-11	409	55	0.878	0.878	NUM
faba-11	409	56	variance	variance	NOUN
faba-11	409	57	_	_	DET
faba-11	409	58	klci	klci	NOUN
faba-11	409	59	does	do	AUX
faba-11	409	60	not	not	PART
faba-11	409	61	g	g	NOUN
faba-11	409	62	-	-	PUNCT
faba-11	409	63	cause	cause	VERB
faba-11	409	64	lvol_jci	lvol_jci	PROPN
faba-11	409	65	0.000	0.000	NUM
faba-11	409	66	0.8586	0.8586	NUM
faba-11	409	67	0.818	0.818	NUM
faba-11	409	68	lvol_jci	lvol_jci	PROPN
faba-11	409	69	does	do	AUX
faba-11	409	70	not	not	PART
faba-11	409	71	g	g	NOUN
faba-11	409	72	-	-	PUNCT
faba-11	409	73	cause	cause	NOUN
faba-11	409	74	variance	variance	NOUN
faba-11	409	75	_	_	PUNCT
faba-11	409	76	sti	sti	PROPN
faba-11	409	77	3148	3148	NUM
faba-11	409	78	0.000	0.000	NUM
faba-11	409	79	9	9	NUM
faba-11	409	80	0.8958	0.8958	NUM
faba-11	409	81	0.528	0.528	NUM
faba-11	409	82	variance	variance	NOUN
faba-11	409	83	_	_	PUNCT
faba-11	409	84	sti	sti	PROPN
faba-11	409	85	does	do	AUX
faba-11	409	86	not	not	PART
faba-11	409	87	g	g	NOUN
faba-11	409	88	-	-	PUNCT
faba-11	409	89	cause	cause	VERB
faba-11	409	90	lvol_jci	lvol_jci	PROPN
faba-11	409	91	0.000	0.000	NUM
faba-11	409	92	0.8602	0.8602	NUM
faba-11	409	93	0.000	0.000	NUM
faba-11	409	94	*	*	PUNCT
faba-11	410	1	*	*	PUNCT
faba-11	410	2	*	*	PUNCT
faba-11	410	3	*	*	PUNCT
faba-11	410	4	*	*	PUNCT
faba-11	410	5	*	*	PUNCT
faba-11	410	6	represents	represent	VERB
faba-11	410	7	the	the	DET
faba-11	410	8	causal	causal	ADJ
faba-11	410	9	relationship	relationship	NOUN
faba-11	410	10	being	be	AUX
faba-11	410	11	significant	significant	ADJ
faba-11	410	12	at	at	ADP
faba-11	410	13	1	1	NUM
faba-11	410	14	%	%	NOUN
faba-11	410	15	.	.	PUNCT
faba-11	411	1	*	*	PUNCT
faba-11	411	2	*	*	PUNCT
faba-11	411	3	represents	represent	VERB
faba-11	411	4	the	the	DET
faba-11	411	5	causal	causal	ADJ
faba-11	411	6	relationship	relationship	NOUN
faba-11	411	7	being	be	AUX
faba-11	411	8	significant	significant	ADJ
faba-11	411	9	at	at	ADP
faba-11	411	10	5	5	NUM
faba-11	411	11	%	%	NOUN
faba-11	411	12	.	.	PUNCT
faba-11	412	1	*	*	PUNCT
faba-11	412	2	represents	represent	VERB
faba-11	412	3	the	the	DET
faba-11	412	4	causal	causal	ADJ
faba-11	412	5	relationship	relationship	NOUN
faba-11	412	6	being	be	AUX
faba-11	412	7	significant	significant	ADJ
faba-11	412	8	at	at	ADP
faba-11	412	9	10	10	NUM
faba-11	412	10	%	%	NOUN
faba-11	412	11	.	.	PUNCT
faba-11	413	1	table	table	NOUN
faba-11	413	2	7	7	NUM
faba-11	413	3	:	:	PUNCT
faba-11	413	4	pairwise	pairwise	PROPN
faba-11	413	5	granger	granger	NOUN
faba-11	413	6	causality	causality	NOUN
faba-11	413	7	tests	test	NOUN
faba-11	413	8	(	(	PUNCT
faba-11	413	9	between	between	ADP
faba-11	413	10	volume	volume	NOUN
faba-11	413	11	and	and	CCONJ
faba-11	413	12	volatility	volatility	NOUN
faba-11	413	13	)	)	PUNCT
faba-11	413	14	the	the	DET
faba-11	413	15	analysis	analysis	NOUN
faba-11	413	16	will	will	AUX
faba-11	413	17	begin	begin	VERB
faba-11	413	18	by	by	ADP
faba-11	413	19	observing	observe	VERB
faba-11	413	20	the	the	DET
faba-11	413	21	results	result	NOUN
faba-11	413	22	that	that	PRON
faba-11	413	23	are	be	AUX
faba-11	413	24	presented	present	VERB
faba-11	413	25	in	in	ADP
faba-11	413	26	panel	panel	NOUN
faba-11	413	27	1	1	NUM
faba-11	413	28	of	of	ADP
faba-11	413	29	the	the	DET
faba-11	413	30	above	above	ADJ
faba-11	413	31	table	table	NOUN
faba-11	413	32	7	7	NUM
faba-11	413	33	.	.	PUNCT
faba-11	414	1	the	the	DET
faba-11	414	2	p	p	NOUN
faba-11	414	3	-	-	PUNCT
faba-11	414	4	value	value	NOUN
faba-11	414	5	of	of	ADP
faba-11	414	6	chi	chi	ADJ
faba-11	414	7	-	-	PUNCT
faba-11	414	8	square	square	ADJ
faba-11	414	9	results	result	NOUN
faba-11	414	10	suggests	suggest	VERB
faba-11	414	11	that	that	SCONJ
faba-11	414	12	all	all	DET
faba-11	414	13	estimations	estimation	NOUN
faba-11	414	14	are	be	AUX
faba-11	414	15	well	well	ADV
faba-11	414	16	-	-	PUNCT
faba-11	414	17	fitted	fit	VERB
faba-11	414	18	.	.	PUNCT
faba-11	415	1	the	the	DET
faba-11	415	2	results	result	NOUN
faba-11	415	3	also	also	ADV
faba-11	415	4	suggest	suggest	VERB
faba-11	415	5	for	for	ADP
faba-11	415	6	a	a	DET
faba-11	415	7	bidirectional	bidirectional	ADJ
faba-11	415	8	causality	causality	NOUN
faba-11	415	9	relationship	relationship	NOUN
faba-11	415	10	between	between	ADP
faba-11	415	11	trading	trading	NOUN
faba-11	415	12	volume	volume	NOUN
faba-11	415	13	and	and	CCONJ
faba-11	415	14	variance	variance	NOUN
faba-11	415	15	(	(	PUNCT
faba-11	415	16	volatility	volatility	NOUN
faba-11	415	17	)	)	PUNCT
faba-11	415	18	of	of	ADP
faba-11	415	19	stock	stock	NOUN
faba-11	415	20	returns	return	NOUN
faba-11	415	21	in	in	ADP
faba-11	415	22	the	the	DET
faba-11	415	23	malaysian	malaysian	ADJ
faba-11	415	24	stock	stock	NOUN
faba-11	415	25	market	market	NOUN
faba-11	415	26	,	,	PUNCT
faba-11	415	27	as	as	SCONJ
faba-11	415	28	evidenced	evidence	VERB
faba-11	415	29	by	by	ADP
faba-11	415	30	the	the	DET
faba-11	415	31	0.000	0.000	NUM
faba-11	415	32	p	p	NOUN
faba-11	415	33	-	-	PUNCT
faba-11	415	34	values	value	NOUN
faba-11	415	35	.	.	PUNCT
faba-11	416	1	a	a	DET
faba-11	416	2	weak	weak	ADJ
faba-11	416	3	predictive	predictive	ADJ
faba-11	416	4	power	power	NOUN
faba-11	416	5	is	be	AUX
faba-11	416	6	documented	document	VERB
faba-11	416	7	running	run	VERB
faba-11	416	8	from	from	ADP
faba-11	416	9	volume	volume	NOUN
faba-11	416	10	to	to	ADP
faba-11	416	11	volatility	volatility	NOUN
faba-11	416	12	(	(	PUNCT
faba-11	416	13	by	by	ADP
faba-11	416	14	10.52	10.52	NUM
faba-11	416	15	%	%	NOUN
faba-11	416	16	)	)	PUNCT
faba-11	416	17	,	,	PUNCT
faba-11	416	18	but	but	CCONJ
faba-11	416	19	a	a	DET
faba-11	416	20	strong	strong	ADJ
faba-11	416	21	relationship	relationship	NOUN
faba-11	416	22	is	be	AUX
faba-11	416	23	seen	see	VERB
faba-11	416	24	running	run	VERB
faba-11	416	25	the	the	DET
faba-11	416	26	other	other	ADJ
faba-11	416	27	way	way	NOUN
faba-11	416	28	around	around	ADP
faba-11	416	29	which	which	PRON
faba-11	416	30	is	be	AUX
faba-11	416	31	by	by	ADP
faba-11	416	32	82.56	82.56	NUM
faba-11	416	33	%	%	NOUN
faba-11	416	34	.	.	PUNCT
faba-11	417	1	the	the	DET
faba-11	417	2	same	same	ADJ
faba-11	417	3	conclusion	conclusion	NOUN
faba-11	417	4	can	can	AUX
faba-11	417	5	be	be	AUX
faba-11	417	6	drawn	draw	VERB
faba-11	417	7	from	from	ADP
faba-11	417	8	the	the	DET
faba-11	417	9	singaporean	singaporean	ADJ
faba-11	417	10	case	case	NOUN
faba-11	417	11	,	,	PUNCT
faba-11	417	12	whereby	whereby	SCONJ
faba-11	417	13	both	both	DET
faba-11	417	14	parts	part	NOUN
faba-11	417	15	of	of	ADP
faba-11	417	16	the	the	DET
faba-11	417	17	causality	causality	NOUN
faba-11	417	18	registered	register	VERB
faba-11	417	19	significant	significant	ADJ
faba-11	417	20	results	result	NOUN
faba-11	417	21	at	at	ADP
faba-11	417	22	5	5	NUM
faba-11	417	23	%	%	NOUN
faba-11	417	24	and	and	CCONJ
faba-11	417	25	1	1	NUM
faba-11	417	26	%	%	NOUN
faba-11	417	27	.	.	PUNCT
faba-11	418	1	thus	thus	ADV
faba-11	418	2	,	,	PUNCT
faba-11	418	3	there	there	PRON
faba-11	418	4	are	be	VERB
faba-11	418	5	also	also	ADV
faba-11	418	6	bidirectional	bidirectional	ADJ
faba-11	418	7	causality	causality	NOUN
faba-11	418	8	relationships	relationship	NOUN
faba-11	418	9	between	between	ADP
faba-11	418	10	volume	volume	NOUN
faba-11	418	11	and	and	CCONJ
faba-11	418	12	volatility	volatility	NOUN
faba-11	418	13	in	in	ADP
faba-11	418	14	the	the	DET
faba-11	418	15	singapore	singapore	PROPN
faba-11	418	16	market	market	NOUN
faba-11	418	17	.	.	PUNCT
faba-11	419	1	the	the	DET
faba-11	419	2	strength	strength	NOUN
faba-11	419	3	of	of	ADP
faba-11	419	4	association	association	NOUN
faba-11	419	5	is	be	AUX
faba-11	419	6	high	high	ADJ
faba-11	419	7	,	,	PUNCT
faba-11	419	8	since	since	SCONJ
faba-11	419	9	volume	volume	NOUN
faba-11	419	10	can	can	AUX
faba-11	419	11	explain	explain	VERB
faba-11	419	12	volatility	volatility	NOUN
faba-11	419	13	by	by	ADP
faba-11	419	14	82	82	NUM
faba-11	419	15	%	%	NOUN
faba-11	419	16	,	,	PUNCT
faba-11	419	17	while	while	SCONJ
faba-11	419	18	volatility	volatility	NOUN
faba-11	419	19	explains	explain	VERB
faba-11	419	20	volume	volume	NOUN
faba-11	419	21	by	by	ADP
faba-11	419	22	68.5	68.5	NUM
faba-11	419	23	%	%	NOUN
faba-11	419	24	in	in	ADP
faba-11	419	25	the	the	DET
faba-11	419	26	market	market	NOUN
faba-11	419	27	.	.	PUNCT
faba-11	420	1	however	however	ADV
faba-11	420	2	,	,	PUNCT
faba-11	420	3	indonesian	indonesian	ADJ
faba-11	420	4	market	market	NOUN
faba-11	420	5	failed	fail	VERB
faba-11	420	6	to	to	PART
faba-11	420	7	register	register	VERB
faba-11	420	8	any	any	DET
faba-11	420	9	significant	significant	ADJ
faba-11	420	10	reading	reading	NOUN
faba-11	420	11	of	of	ADP
faba-11	420	12	p	p	NOUN
faba-11	420	13	-	-	PUNCT
faba-11	420	14	value	value	NOUN
faba-11	420	15	to	to	PART
faba-11	420	16	justify	justify	VERB
faba-11	420	17	a	a	DET
faba-11	420	18	causality	causality	NOUN
faba-11	420	19	relationship	relationship	NOUN
faba-11	420	20	going	go	VERB
faba-11	420	21	on	on	ADP
faba-11	420	22	.	.	PUNCT
faba-11	421	1	therefore	therefore	ADV
faba-11	421	2	,	,	PUNCT
faba-11	421	3	it	it	PRON
faba-11	421	4	can	can	AUX
faba-11	421	5	be	be	AUX
faba-11	421	6	concluded	conclude	VERB
faba-11	421	7	that	that	SCONJ
faba-11	421	8	there	there	PRON
faba-11	421	9	is	be	VERB
faba-11	421	10	no	no	DET
faba-11	421	11	causality	causality	NOUN
faba-11	421	12	relationship	relationship	NOUN
faba-11	421	13	between	between	ADP
faba-11	421	14	volume	volume	NOUN
faba-11	421	15	and	and	CCONJ
faba-11	421	16	return	return	VERB
faba-11	421	17	volatility	volatility	NOUN
faba-11	421	18	in	in	ADP
faba-11	421	19	the	the	DET
faba-11	421	20	indonesian	indonesian	ADJ
faba-11	421	21	market	market	NOUN
faba-11	421	22	.	.	PUNCT
faba-11	422	1	panel	panel	NOUN
faba-11	422	2	2	2	NUM
faba-11	422	3	of	of	ADP
faba-11	422	4	table	table	NOUN
faba-11	422	5	7	7	NUM
faba-11	422	6	summarizes	summarize	NOUN
faba-11	422	7	the	the	DET
faba-11	422	8	granger	granger	NOUN
faba-11	422	9	-	-	PUNCT
faba-11	422	10	causality	causality	NOUN
faba-11	422	11	results	result	NOUN
faba-11	422	12	for	for	ADP
faba-11	422	13	the	the	DET
faba-11	422	14	cross	cross	ADJ
faba-11	422	15	-	-	NOUN
faba-11	422	16	country	country	ADJ
faba-11	422	17	pairs	pair	NOUN
faba-11	422	18	of	of	ADP
faba-11	422	19	variables	variable	NOUN
faba-11	422	20	.	.	PUNCT
faba-11	423	1	similarly	similarly	ADV
faba-11	423	2	,	,	PUNCT
faba-11	423	3	the	the	DET
faba-11	423	4	models	model	NOUN
faba-11	423	5	are	be	AUX
faba-11	423	6	well	well	ADV
faba-11	423	7	-	-	PUNCT
faba-11	423	8	fitted	fit	VERB
faba-11	423	9	as	as	SCONJ
faba-11	423	10	evidenced	evidence	VERB
faba-11	423	11	by	by	ADP
faba-11	423	12	the	the	DET
faba-11	423	13	significant	significant	ADJ
faba-11	423	14	chi	chi	ADJ
faba-11	423	15	-	-	PUNCT
faba-11	423	16	square	square	ADJ
faba-11	423	17	values	value	NOUN
faba-11	423	18	.	.	PUNCT
faba-11	424	1	the	the	DET
faba-11	424	2	malaysian	malaysian	ADJ
faba-11	424	3	trading	trading	NOUN
faba-11	424	4	volume	volume	NOUN
faba-11	424	5	is	be	AUX
faba-11	424	6	found	find	VERB
faba-11	424	7	not	not	PART
faba-11	424	8	to	to	ADP
faba-11	424	9	granger	granger	NOUN
faba-11	424	10	-	-	PUNCT
faba-11	424	11	cause	cause	NOUN
faba-11	424	12	or	or	CCONJ
faba-11	424	13	be	be	AUX
faba-11	424	14	granger	granger	NOUN
faba-11	424	15	-	-	PUNCT
faba-11	424	16	caused	cause	VERB
faba-11	424	17	by	by	ADP
faba-11	424	18	volatilities	volatility	NOUN
faba-11	424	19	of	of	ADP
faba-11	424	20	jci	jci	PROPN
faba-11	424	21	since	since	SCONJ
faba-11	424	22	both	both	PRON
faba-11	424	23	of	of	ADP
faba-11	424	24	the	the	DET
faba-11	424	25	p	p	NOUN
faba-11	424	26	-	-	PUNCT
faba-11	424	27	values	value	NOUN
faba-11	424	28	are	be	AUX
faba-11	424	29	insignificant	insignificant	ADJ
faba-11	424	30	.	.	PUNCT
faba-11	425	1	however	however	ADV
faba-11	425	2	,	,	PUNCT
faba-11	425	3	a	a	DET
faba-11	425	4	significant	significant	ADJ
faba-11	425	5	unidirectional	unidirectional	ADJ
faba-11	425	6	cause	cause	NOUN
faba-11	425	7	-	-	PUNCT
faba-11	425	8	and	and	CCONJ
faba-11	425	9	-	-	PUNCT
faba-11	425	10	effect	effect	NOUN
faba-11	425	11	relationship	relationship	NOUN
faba-11	425	12	is	be	AUX
faba-11	425	13	observed	observe	VERB
faba-11	425	14	running	run	VERB
faba-11	425	15	from	from	ADP
faba-11	425	16	klci	klci	NOUN
faba-11	425	17	volume	volume	NOUN
faba-11	425	18	to	to	ADP
faba-11	425	19	sti	sti	PROPN
faba-11	425	20	’s	’s	PART
faba-11	425	21	return	return	NOUN
faba-11	425	22	volatility	volatility	NOUN
faba-11	425	23	.	.	PUNCT
faba-11	426	1	likewise	likewise	ADV
faba-11	426	2	,	,	PUNCT
faba-11	426	3	the	the	DET
faba-11	426	4	sti	sti	PROPN
faba-11	426	5	trading	trading	NOUN
faba-11	426	6	volume	volume	NOUN
faba-11	426	7	is	be	AUX
faba-11	426	8	also	also	ADV
faba-11	426	9	not	not	PART
faba-11	426	10	associated	associate	VERB
faba-11	426	11	at	at	ADV
faba-11	426	12	all	all	ADV
faba-11	426	13	to	to	ADP
faba-11	426	14	the	the	DET
faba-11	426	15	indonesian	indonesian	ADJ
faba-11	426	16	market	market	NOUN
faba-11	426	17	’s	’s	PART
faba-11	426	18	return	return	NOUN
faba-11	426	19	volatility	volatility	NOUN
faba-11	426	20	,	,	PUNCT
faba-11	426	21	since	since	SCONJ
faba-11	426	22	both	both	PRON
faba-11	426	23	of	of	ADP
faba-11	426	24	the	the	DET
faba-11	426	25	pairs	pair	NOUN
faba-11	426	26	did	do	AUX
faba-11	426	27	not	not	PART
faba-11	426	28	produce	produce	VERB
faba-11	426	29	any	any	DET
faba-11	426	30	significant	significant	ADJ
faba-11	426	31	p	p	ADJ
faba-11	426	32	-	-	PUNCT
faba-11	426	33	value	value	NOUN
faba-11	426	34	readings	reading	NOUN
faba-11	426	35	.	.	PUNCT
faba-11	427	1	the	the	DET
faba-11	427	2	only	only	ADJ
faba-11	427	3	causality	causality	NOUN
faba-11	427	4	is	be	AUX
faba-11	427	5	seen	see	VERB
faba-11	427	6	running	run	VERB
faba-11	427	7	from	from	ADP
faba-11	427	8	singaporean	singaporean	PROPN
faba-11	427	9	’s	’s	PART
faba-11	427	10	trading	trading	NOUN
faba-11	427	11	volume	volume	NOUN
faba-11	427	12	to	to	ADP
faba-11	427	13	the	the	DET
faba-11	427	14	malaysian	malaysian	ADJ
faba-11	427	15	return	return	NOUN
faba-11	427	16	,	,	PUNCT
faba-11	427	17	which	which	PRON
faba-11	427	18	is	be	AUX
faba-11	427	19	significant	significant	ADJ
faba-11	427	20	at	at	ADP
faba-11	427	21	1	1	NUM
faba-11	427	22	%	%	NOUN
faba-11	427	23	level	level	NOUN
faba-11	427	24	.	.	PUNCT
faba-11	428	1	however	however	ADV
faba-11	428	2	,	,	PUNCT
faba-11	428	3	the	the	DET
faba-11	428	4	association	association	NOUN
faba-11	428	5	is	be	AUX
faba-11	428	6	not	not	PART
faba-11	428	7	as	as	ADV
faba-11	428	8	strong	strong	ADJ
faba-11	428	9	since	since	SCONJ
faba-11	428	10	a	a	DET
faba-11	428	11	very	very	ADV
faba-11	428	12	small	small	ADJ
faba-11	428	13	r	r	NOUN
faba-11	428	14	-	-	PUNCT
faba-11	428	15	square	square	ADJ
faba-11	428	16	value	value	NOUN
faba-11	428	17	of	of	ADP
faba-11	428	18	0.0763	0.0763	NUM
faba-11	428	19	is	be	AUX
faba-11	428	20	recorded	record	VERB
faba-11	428	21	,	,	PUNCT
faba-11	428	22	suggesting	suggest	VERB
faba-11	428	23	that	that	SCONJ
faba-11	428	24	the	the	DET
faba-11	428	25	singapore	singapore	PROPN
faba-11	428	26	market	market	NOUN
faba-11	428	27	volume	volume	NOUN
faba-11	428	28	can	can	AUX
faba-11	428	29	only	only	ADV
faba-11	428	30	explain	explain	VERB
faba-11	428	31	7.63	7.63	NUM
faba-11	428	32	%	%	NOUN
faba-11	428	33	of	of	ADP
faba-11	428	34	the	the	DET
faba-11	428	35	malaysian	malaysian	ADJ
faba-11	428	36	market	market	NOUN
faba-11	428	37	return	return	NOUN
faba-11	428	38	volatility	volatility	NOUN
faba-11	428	39	.	.	PUNCT
faba-11	429	1	finally	finally	ADV
faba-11	429	2	,	,	PUNCT
faba-11	429	3	the	the	DET
faba-11	429	4	indonesian	indonesian	ADJ
faba-11	429	5	trading	trading	NOUN
faba-11	429	6	volume	volume	NOUN
faba-11	429	7	is	be	AUX
faba-11	429	8	not	not	PART
faba-11	429	9	associated	associate	VERB
faba-11	429	10	with	with	ADP
faba-11	429	11	the	the	DET
faba-11	429	12	malaysian	malaysian	ADJ
faba-11	429	13	stock	stock	PROPN
faba-11	429	14	return	return	NOUN
faba-11	429	15	volatility	volatility	NOUN
faba-11	429	16	,	,	PUNCT
faba-11	429	17	since	since	SCONJ
faba-11	429	18	the	the	DET
faba-11	429	19	pairs	pair	NOUN
faba-11	429	20	failed	fail	VERB
faba-11	429	21	to	to	PART
faba-11	429	22	produce	produce	VERB
faba-11	429	23	any	any	DET
faba-11	429	24	significant	significant	ADJ
faba-11	429	25	readings	reading	NOUN
faba-11	429	26	on	on	ADP
faba-11	429	27	p	p	NOUN
faba-11	429	28	-	-	PUNCT
faba-11	429	29	value	value	NOUN
faba-11	429	30	.	.	PUNCT
faba-11	430	1	it	it	PRON
faba-11	430	2	also	also	ADV
faba-11	430	3	can	can	AUX
faba-11	430	4	not	not	PART
faba-11	430	5	grangercause	grangercause	VERB
faba-11	430	6	the	the	DET
faba-11	430	7	singaporean	singaporean	ADJ
faba-11	430	8	volatility	volatility	NOUN
faba-11	430	9	,	,	PUNCT
faba-11	430	10	as	as	ADP
faba-11	430	11	evident	evident	ADJ
faba-11	430	12	by	by	ADP
faba-11	430	13	the	the	DET
faba-11	430	14	0.528	0.528	NUM
faba-11	430	15	p	p	NOUN
faba-11	430	16	-	-	PUNCT
faba-11	430	17	value	value	NOUN
faba-11	430	18	.	.	PUNCT
faba-11	431	1	however	however	ADV
faba-11	431	2	,	,	PUNCT
faba-11	431	3	the	the	DET
faba-11	431	4	singapore	singapore	PROPN
faba-11	431	5	return	return	VERB
faba-11	431	6	volatility	volatility	NOUN
faba-11	431	7	m.r	m.r	PROPN
faba-11	431	8	.	.	PROPN
faba-11	431	9	miseman	miseman	PROPN
faba-11	431	10	et	et	PROPN
faba-11	431	11	al	al	PROPN
faba-11	431	12	.	.	PUNCT
faba-11	431	13	/	/	SYM
faba-11	431	14	finance	finance	NOUN
faba-11	431	15	,	,	PUNCT
faba-11	431	16	accounting	accounting	NOUN
faba-11	431	17	and	and	CCONJ
faba-11	431	18	business	business	NOUN
faba-11	431	19	analisys	analisys	NOUN
faba-11	431	20	16	16	NUM
faba-11	431	21	does	do	AUX
faba-11	431	22	have	have	VERB
faba-11	431	23	a	a	DET
faba-11	431	24	significant	significant	ADJ
faba-11	431	25	causality	causality	NOUN
faba-11	431	26	relationship	relationship	NOUN
faba-11	431	27	with	with	ADP
faba-11	431	28	the	the	DET
faba-11	431	29	indonesian	indonesian	ADJ
faba-11	431	30	volume	volume	NOUN
faba-11	431	31	,	,	PUNCT
faba-11	431	32	and	and	CCONJ
faba-11	431	33	this	this	DET
faba-11	431	34	association	association	NOUN
faba-11	431	35	is	be	AUX
faba-11	431	36	strong	strong	ADJ
faba-11	431	37	at	at	ADP
faba-11	431	38	86.02	86.02	NUM
faba-11	431	39	%	%	NOUN
faba-11	431	40	.	.	PUNCT
faba-11	432	1	as	as	ADP
faba-11	432	2	the	the	DET
faba-11	432	3	general	general	ADJ
faba-11	432	4	conclusion	conclusion	NOUN
faba-11	432	5	from	from	ADP
faba-11	432	6	these	these	DET
faba-11	432	7	inter	inter	ADJ
faba-11	432	8	-	-	ADJ
faba-11	432	9	market	market	ADJ
faba-11	432	10	granger	granger	NOUN
faba-11	432	11	-	-	PUNCT
faba-11	432	12	causality	causality	NOUN
faba-11	432	13	test	test	NOUN
faba-11	432	14	results	result	NOUN
faba-11	432	15	,	,	PUNCT
faba-11	432	16	the	the	DET
faba-11	432	17	volumes	volume	NOUN
faba-11	432	18	of	of	ADP
faba-11	432	19	klci	klci	NOUN
faba-11	432	20	and	and	CCONJ
faba-11	432	21	sti	sti	PROPN
faba-11	432	22	have	have	VERB
faba-11	432	23	the	the	DET
faba-11	432	24	power	power	NOUN
faba-11	432	25	to	to	PART
faba-11	432	26	cause	cause	VERB
faba-11	432	27	the	the	DET
faba-11	432	28	volatility	volatility	NOUN
faba-11	432	29	in	in	ADP
faba-11	432	30	each	each	DET
faba-11	432	31	other	other	ADJ
faba-11	432	32	’s	’s	PART
faba-11	432	33	stock	stock	NOUN
faba-11	432	34	returns	return	NOUN
faba-11	432	35	,	,	PUNCT
faba-11	432	36	but	but	CCONJ
faba-11	432	37	not	not	PART
faba-11	432	38	to	to	ADP
faba-11	432	39	the	the	DET
faba-11	432	40	jci	jci	PROPN
faba-11	432	41	.	.	PROPN
faba-11	433	1	in	in	ADP
faba-11	433	2	relation	relation	NOUN
faba-11	433	3	to	to	ADP
faba-11	433	4	the	the	DET
faba-11	433	5	local	local	ADJ
faba-11	433	6	volume	volume	NOUN
faba-11	433	7	-	-	PUNCT
faba-11	433	8	volatility	volatility	NOUN
faba-11	433	9	relationship	relationship	NOUN
faba-11	433	10	,	,	PUNCT
faba-11	433	11	both	both	CCONJ
faba-11	433	12	malaysian	malaysian	ADJ
faba-11	433	13	and	and	CCONJ
faba-11	433	14	singapore	singapore	PROPN
faba-11	433	15	variables	variable	NOUN
faba-11	433	16	are	be	AUX
faba-11	433	17	able	able	ADJ
faba-11	433	18	to	to	PART
faba-11	433	19	significantly	significantly	ADV
faba-11	433	20	granger	granger	NOUN
faba-11	433	21	-	-	PUNCT
faba-11	433	22	cause	cause	VERB
faba-11	433	23	each	each	DET
faba-11	433	24	other	other	ADJ
faba-11	433	25	.	.	PUNCT
faba-11	434	1	this	this	PRON
faba-11	434	2	implies	imply	VERB
faba-11	434	3	that	that	SCONJ
faba-11	434	4	the	the	DET
faba-11	434	5	volume	volume	NOUN
faba-11	434	6	and	and	CCONJ
faba-11	434	7	volatility	volatility	NOUN
faba-11	434	8	of	of	ADP
faba-11	434	9	returns	return	NOUN
faba-11	434	10	in	in	ADP
faba-11	434	11	the	the	DET
faba-11	434	12	two	two	NUM
faba-11	434	13	markets	market	NOUN
faba-11	434	14	are	be	AUX
faba-11	434	15	interrelated	interrelate	VERB
faba-11	434	16	to	to	ADP
faba-11	434	17	one	one	NUM
faba-11	434	18	another	another	DET
faba-11	434	19	.	.	PUNCT
faba-11	435	1	however	however	ADV
faba-11	435	2	,	,	PUNCT
faba-11	435	3	the	the	DET
faba-11	435	4	opposite	opposite	NOUN
faba-11	435	5	is	be	AUX
faba-11	435	6	true	true	ADJ
faba-11	435	7	for	for	ADP
faba-11	435	8	the	the	DET
faba-11	435	9	indonesian	indonesian	ADJ
faba-11	435	10	case	case	NOUN
faba-11	435	11	,	,	PUNCT
faba-11	435	12	where	where	SCONJ
faba-11	435	13	the	the	DET
faba-11	435	14	trading	trading	NOUN
faba-11	435	15	volume	volume	NOUN
faba-11	435	16	and	and	CCONJ
faba-11	435	17	volatility	volatility	NOUN
faba-11	435	18	are	be	AUX
faba-11	435	19	not	not	PART
faba-11	435	20	causing	cause	VERB
faba-11	435	21	each	each	DET
faba-11	435	22	other	other	ADJ
faba-11	435	23	at	at	ADV
faba-11	435	24	all	all	ADV
faba-11	435	25	.	.	PUNCT
faba-11	436	1	these	these	DET
faba-11	436	2	results	result	NOUN
faba-11	436	3	highlight	highlight	VERB
faba-11	436	4	the	the	DET
faba-11	436	5	weak	weak	ADJ
faba-11	436	6	association	association	NOUN
faba-11	436	7	contained	contain	VERB
faba-11	436	8	in	in	ADP
faba-11	436	9	the	the	DET
faba-11	436	10	indonesian	indonesian	ADJ
faba-11	436	11	stock	stock	NOUN
faba-11	436	12	market	market	NOUN
faba-11	436	13	variables	variable	NOUN
faba-11	436	14	in	in	ADP
faba-11	436	15	relation	relation	NOUN
faba-11	436	16	to	to	ADP
faba-11	436	17	its	its	PRON
faba-11	436	18	own	own	ADJ
faba-11	436	19	and	and	CCONJ
faba-11	436	20	other	other	ADJ
faba-11	436	21	markets	market	NOUN
faba-11	436	22	’	'	PUNCT
faba-11	436	23	variables	variable	NOUN
faba-11	436	24	.	.	PUNCT
faba-11	437	1	conclusion	conclusion	NOUN
faba-11	437	2	the	the	DET
faba-11	437	3	first	first	ADJ
faba-11	437	4	objective	objective	NOUN
faba-11	437	5	of	of	ADP
faba-11	437	6	the	the	DET
faba-11	437	7	study	study	NOUN
faba-11	437	8	is	be	AUX
faba-11	437	9	to	to	PART
faba-11	437	10	examine	examine	VERB
faba-11	437	11	the	the	DET
faba-11	437	12	contemporaneous	contemporaneous	ADJ
faba-11	437	13	and	and	CCONJ
faba-11	437	14	dynamic	dynamic	ADJ
faba-11	437	15	relationships	relationship	NOUN
faba-11	437	16	between	between	ADP
faba-11	437	17	trading	trading	NOUN
faba-11	437	18	volume	volume	NOUN
faba-11	437	19	and	and	CCONJ
faba-11	437	20	stock	stock	NOUN
faba-11	437	21	indices	index	NOUN
faba-11	437	22	returns	return	NOUN
faba-11	437	23	in	in	ADP
faba-11	437	24	malaysia	malaysia	PROPN
faba-11	437	25	,	,	PUNCT
faba-11	437	26	singapore	singapore	PROPN
faba-11	437	27	and	and	CCONJ
faba-11	437	28	indonesia	indonesia	PROPN
faba-11	437	29	.	.	PUNCT
faba-11	438	1	this	this	DET
faba-11	438	2	objective	objective	NOUN
faba-11	438	3	is	be	AUX
faba-11	438	4	realized	realize	VERB
faba-11	438	5	using	use	VERB
faba-11	438	6	three	three	NUM
faba-11	438	7	methodologies	methodology	NOUN
faba-11	438	8	,	,	PUNCT
faba-11	438	9	which	which	PRON
faba-11	438	10	are	be	AUX
faba-11	438	11	newey	newey	PROPN
faba-11	438	12	-	-	PUNCT
faba-11	438	13	west	west	PROPN
faba-11	438	14	and	and	CCONJ
faba-11	438	15	garch	garch	NOUN
faba-11	438	16	(	(	PUNCT
faba-11	438	17	1,1	1,1	NUM
faba-11	438	18	)	)	PUNCT
faba-11	438	19	regressions	regression	NOUN
faba-11	438	20	for	for	ADP
faba-11	438	21	contemporaneous	contemporaneous	ADJ
faba-11	438	22	relationship	relationship	NOUN
faba-11	438	23	and	and	CCONJ
faba-11	438	24	granger	granger	NOUN
faba-11	438	25	causality	causality	PROPN
faba-11	438	26	for	for	ADP
faba-11	438	27	dynamic	dynamic	ADJ
faba-11	438	28	relationship	relationship	NOUN
faba-11	438	29	.	.	PUNCT
faba-11	439	1	firstly	firstly	ADV
faba-11	439	2	,	,	PUNCT
faba-11	439	3	on	on	ADP
faba-11	439	4	the	the	DET
faba-11	439	5	contemporaneous	contemporaneous	ADJ
faba-11	439	6	relationship	relationship	NOUN
faba-11	439	7	,	,	PUNCT
faba-11	439	8	there	there	PRON
faba-11	439	9	are	be	VERB
faba-11	439	10	significant	significant	ADJ
faba-11	439	11	positive	positive	ADJ
faba-11	439	12	relationships	relationship	NOUN
faba-11	439	13	between	between	ADP
faba-11	439	14	trading	trading	NOUN
faba-11	439	15	volume	volume	NOUN
faba-11	439	16	and	and	CCONJ
faba-11	439	17	stock	stock	NOUN
faba-11	439	18	returns	return	NOUN
faba-11	439	19	in	in	ADP
faba-11	439	20	all	all	DET
faba-11	439	21	countries	country	NOUN
faba-11	439	22	of	of	ADP
faba-11	439	23	concern	concern	NOUN
faba-11	439	24	.	.	PUNCT
faba-11	440	1	more	more	ADV
faba-11	440	2	precisely	precisely	ADV
faba-11	440	3	,	,	PUNCT
faba-11	440	4	the	the	DET
faba-11	440	5	newey	newey	PROPN
faba-11	440	6	-	-	PUNCT
faba-11	440	7	west	west	PROPN
faba-11	440	8	test	test	NOUN
faba-11	440	9	reveals	reveal	VERB
faba-11	440	10	that	that	SCONJ
faba-11	440	11	the	the	DET
faba-11	440	12	trading	trading	NOUN
faba-11	440	13	volume	volume	NOUN
faba-11	440	14	in	in	ADP
faba-11	440	15	malaysia	malaysia	PROPN
faba-11	440	16	and	and	CCONJ
faba-11	440	17	indonesia	indonesia	PROPN
faba-11	440	18	are	be	AUX
faba-11	440	19	significant	significant	ADJ
faba-11	440	20	at	at	ADP
faba-11	440	21	5	5	NUM
faba-11	440	22	%	%	NOUN
faba-11	440	23	,	,	PUNCT
faba-11	440	24	while	while	SCONJ
faba-11	440	25	singapore	singapore	PROPN
faba-11	440	26	’s	’s	PART
faba-11	440	27	is	be	AUX
faba-11	440	28	marginally	marginally	ADV
faba-11	440	29	significant	significant	ADJ
faba-11	440	30	at	at	ADP
faba-11	440	31	10	10	NUM
faba-11	440	32	%	%	NOUN
faba-11	440	33	.	.	PUNCT
faba-11	441	1	the	the	DET
faba-11	441	2	garch	garch	NOUN
faba-11	441	3	(	(	PUNCT
faba-11	441	4	1,1	1,1	NUM
faba-11	441	5	)	)	PUNCT
faba-11	441	6	test	test	NOUN
faba-11	441	7	results	result	NOUN
faba-11	441	8	echoes	echo	VERB
faba-11	441	9	the	the	DET
faba-11	441	10	earlier	early	ADJ
faba-11	441	11	findings	finding	NOUN
faba-11	441	12	,	,	PUNCT
faba-11	441	13	but	but	CCONJ
faba-11	441	14	also	also	ADV
faba-11	441	15	point	point	VERB
faba-11	441	16	that	that	SCONJ
faba-11	441	17	the	the	DET
faba-11	441	18	indonesian	indonesian	ADJ
faba-11	441	19	trading	trading	NOUN
faba-11	441	20	volume	volume	NOUN
faba-11	441	21	is	be	AUX
faba-11	441	22	insignificant	insignificant	ADJ
faba-11	441	23	in	in	ADP
faba-11	441	24	explaining	explain	VERB
faba-11	441	25	the	the	DET
faba-11	441	26	stock	stock	NOUN
faba-11	441	27	returns	return	NOUN
faba-11	441	28	.	.	PUNCT
faba-11	442	1	in	in	ADP
faba-11	442	2	sum	sum	NOUN
faba-11	442	3	,	,	PUNCT
faba-11	442	4	these	these	DET
faba-11	442	5	results	result	NOUN
faba-11	442	6	suggests	suggest	VERB
faba-11	442	7	that	that	SCONJ
faba-11	442	8	trading	trading	NOUN
faba-11	442	9	volume	volume	NOUN
faba-11	442	10	does	do	AUX
faba-11	442	11	influence	influence	VERB
faba-11	442	12	the	the	DET
faba-11	442	13	movements	movement	NOUN
faba-11	442	14	of	of	ADP
faba-11	442	15	stock	stock	NOUN
faba-11	442	16	returns	return	NOUN
faba-11	442	17	in	in	ADP
faba-11	442	18	southeast	southeast	PROPN
faba-11	442	19	asia	asia	PROPN
faba-11	442	20	,	,	PUNCT
faba-11	442	21	and	and	CCONJ
faba-11	442	22	higher	high	ADJ
faba-11	442	23	volume	volume	NOUN
faba-11	442	24	tends	tend	VERB
faba-11	442	25	to	to	PART
faba-11	442	26	be	be	AUX
faba-11	442	27	associated	associate	VERB
faba-11	442	28	to	to	ADP
faba-11	442	29	higher	high	ADJ
faba-11	442	30	stock	stock	NOUN
faba-11	442	31	returns	return	NOUN
faba-11	442	32	;	;	PUNCT
faba-11	442	33	albeit	albeit	SCONJ
faba-11	442	34	in	in	ADP
faba-11	442	35	very	very	ADV
faba-11	442	36	small	small	ADJ
faba-11	442	37	elasticity	elasticity	NOUN
faba-11	442	38	.	.	PUNCT
faba-11	443	1	therefore	therefore	ADV
faba-11	443	2	,	,	PUNCT
faba-11	443	3	investors	investor	NOUN
faba-11	443	4	may	may	AUX
faba-11	443	5	use	use	VERB
faba-11	443	6	this	this	DET
faba-11	443	7	indicator	indicator	NOUN
faba-11	443	8	as	as	ADP
faba-11	443	9	a	a	DET
faba-11	443	10	signal	signal	NOUN
faba-11	443	11	for	for	ADP
faba-11	443	12	profit	profit	NOUN
faba-11	443	13	-	-	PUNCT
faba-11	443	14	making	make	VERB
faba-11	443	15	situation	situation	NOUN
faba-11	443	16	and	and	CCONJ
faba-11	443	17	to	to	PART
faba-11	443	18	avoid	avoid	VERB
faba-11	443	19	going	go	VERB
faba-11	443	20	long	long	ADV
faba-11	443	21	on	on	ADP
faba-11	443	22	common	common	ADJ
faba-11	443	23	stocks	stock	NOUN
faba-11	443	24	during	during	ADP
faba-11	443	25	times	time	NOUN
faba-11	443	26	when	when	SCONJ
faba-11	443	27	trading	trading	NOUN
faba-11	443	28	volumes	volume	NOUN
faba-11	443	29	are	be	AUX
faba-11	443	30	in	in	ADP
faba-11	443	31	a	a	DET
faba-11	443	32	falling	fall	VERB
faba-11	443	33	trend	trend	NOUN
faba-11	443	34	.	.	PUNCT
faba-11	444	1	several	several	ADJ
faba-11	444	2	overall	overall	ADJ
faba-11	444	3	conclusions	conclusion	NOUN
faba-11	444	4	can	can	AUX
faba-11	444	5	be	be	AUX
faba-11	444	6	pinched	pinch	VERB
faba-11	444	7	out	out	ADP
faba-11	444	8	of	of	ADP
faba-11	444	9	the	the	DET
faba-11	444	10	findings	finding	NOUN
faba-11	444	11	from	from	ADP
faba-11	444	12	these	these	DET
faba-11	444	13	two	two	NUM
faba-11	444	14	techniques	technique	NOUN
faba-11	444	15	.	.	PUNCT
faba-11	445	1	firstly	firstly	ADV
faba-11	445	2	,	,	PUNCT
faba-11	445	3	trading	trading	NOUN
faba-11	445	4	volume	volume	NOUN
faba-11	445	5	in	in	ADP
faba-11	445	6	all	all	DET
faba-11	445	7	markets	market	NOUN
faba-11	445	8	is	be	AUX
faba-11	445	9	significant	significant	ADJ
faba-11	445	10	in	in	ADP
faba-11	445	11	explaining	explain	VERB
faba-11	445	12	stock	stock	NOUN
faba-11	445	13	market	market	NOUN
faba-11	445	14	returns	return	NOUN
faba-11	445	15	under	under	ADP
faba-11	445	16	both	both	DET
faba-11	445	17	methods	method	NOUN
faba-11	445	18	,	,	PUNCT
faba-11	445	19	with	with	ADP
faba-11	445	20	exception	exception	NOUN
faba-11	445	21	to	to	ADP
faba-11	445	22	the	the	DET
faba-11	445	23	indonesian	indonesian	ADJ
faba-11	445	24	case	case	NOUN
faba-11	445	25	.	.	PUNCT
faba-11	446	1	secondly	secondly	ADV
faba-11	446	2	,	,	PUNCT
faba-11	446	3	it	it	PRON
faba-11	446	4	can	can	AUX
faba-11	446	5	be	be	AUX
faba-11	446	6	generally	generally	ADV
faba-11	446	7	inferred	infer	VERB
faba-11	446	8	that	that	SCONJ
faba-11	446	9	trading	trading	NOUN
faba-11	446	10	volume	volume	NOUN
faba-11	446	11	has	have	VERB
faba-11	446	12	positive	positive	ADJ
faba-11	446	13	relationship	relationship	NOUN
faba-11	446	14	with	with	ADP
faba-11	446	15	stock	stock	NOUN
faba-11	446	16	market	market	NOUN
faba-11	446	17	return	return	NOUN
faba-11	446	18	,	,	PUNCT
faba-11	446	19	hence	hence	ADV
faba-11	446	20	,	,	PUNCT
faba-11	446	21	an	an	DET
faba-11	446	22	increase	increase	NOUN
faba-11	446	23	in	in	ADP
faba-11	446	24	trading	trading	NOUN
faba-11	446	25	volume	volume	NOUN
faba-11	446	26	will	will	AUX
faba-11	446	27	increase	increase	VERB
faba-11	446	28	stock	stock	NOUN
faba-11	446	29	return	return	NOUN
faba-11	446	30	.	.	PUNCT
faba-11	447	1	thus	thus	ADV
faba-11	447	2	,	,	PUNCT
faba-11	447	3	the	the	DET
faba-11	447	4	null	null	ADJ
faba-11	447	5	hypothesis	hypothesis	NOUN
faba-11	447	6	number	number	NOUN
faba-11	447	7	1	1	NUM
faba-11	447	8	is	be	AUX
faba-11	447	9	successfully	successfully	ADV
faba-11	447	10	rejected	reject	VERB
faba-11	447	11	.	.	PUNCT
faba-11	448	1	thirdly	thirdly	ADV
faba-11	448	2	,	,	PUNCT
faba-11	448	3	the	the	DET
faba-11	448	4	effect	effect	NOUN
faba-11	448	5	or	or	CCONJ
faba-11	448	6	elasticity	elasticity	NOUN
faba-11	448	7	of	of	ADP
faba-11	448	8	return	return	NOUN
faba-11	448	9	to	to	ADP
faba-11	448	10	changes	change	NOUN
faba-11	448	11	in	in	ADP
faba-11	448	12	trading	trading	NOUN
faba-11	448	13	volume	volume	NOUN
faba-11	448	14	is	be	AUX
faba-11	448	15	very	very	ADV
faba-11	448	16	small	small	ADJ
faba-11	448	17	;	;	PUNCT
faba-11	448	18	and	and	CCONJ
faba-11	448	19	fourthly	fourthly	ADV
faba-11	448	20	,	,	PUNCT
faba-11	448	21	there	there	PRON
faba-11	448	22	has	have	VERB
faba-11	448	23	to	to	PART
faba-11	448	24	be	be	AUX
faba-11	448	25	a	a	DET
faba-11	448	26	large	large	ADJ
faba-11	448	27	change	change	NOUN
faba-11	448	28	in	in	ADP
faba-11	448	29	trading	trading	NOUN
faba-11	448	30	volume	volume	NOUN
faba-11	448	31	before	before	SCONJ
faba-11	448	32	it	it	PRON
faba-11	448	33	can	can	AUX
faba-11	448	34	result	result	VERB
faba-11	448	35	in	in	ADP
faba-11	448	36	moderate	moderate	ADJ
faba-11	448	37	level	level	NOUN
faba-11	448	38	of	of	ADP
faba-11	448	39	change	change	NOUN
faba-11	448	40	in	in	ADP
faba-11	448	41	stock	stock	NOUN
faba-11	448	42	returns	return	NOUN
faba-11	448	43	.	.	PUNCT
faba-11	449	1	this	this	DET
faba-11	449	2	positive	positive	ADJ
faba-11	449	3	association	association	NOUN
faba-11	449	4	between	between	ADP
faba-11	449	5	volume	volume	NOUN
faba-11	449	6	and	and	CCONJ
faba-11	449	7	return	return	NOUN
faba-11	449	8	is	be	AUX
faba-11	449	9	in	in	ADP
faba-11	449	10	accordance	accordance	NOUN
faba-11	449	11	to	to	ADP
faba-11	449	12	the	the	DET
faba-11	449	13	results	result	NOUN
faba-11	449	14	of	of	ADP
faba-11	449	15	most	most	ADJ
faba-11	449	16	of	of	ADP
faba-11	449	17	the	the	DET
faba-11	449	18	past	past	ADJ
faba-11	449	19	studies	study	NOUN
faba-11	449	20	.	.	PUNCT
faba-11	450	1	as	as	ADP
faba-11	450	2	the	the	DET
faba-11	450	3	wall	wall	PROPN
faba-11	450	4	street	street	PROPN
faba-11	450	5	adage	adage	NOUN
faba-11	450	6	states	state	NOUN
faba-11	450	7	,	,	PUNCT
faba-11	450	8	“	"	PUNCT
faba-11	450	9	it	it	PRON
faba-11	450	10	takes	take	VERB
faba-11	450	11	volume	volume	NOUN
faba-11	450	12	to	to	PART
faba-11	450	13	move	move	VERB
faba-11	450	14	prices	price	NOUN
faba-11	450	15	”	"	PUNCT
faba-11	450	16	,	,	PUNCT
faba-11	450	17	the	the	DET
faba-11	450	18	academic	academic	ADJ
faba-11	450	19	world	world	NOUN
faba-11	450	20	is	be	AUX
faba-11	450	21	pleased	pleased	ADJ
faba-11	450	22	that	that	SCONJ
faba-11	450	23	volume	volume	NOUN
faba-11	450	24	movement	movement	NOUN
faba-11	450	25	causes	cause	VERB
faba-11	450	26	price	price	NOUN
faba-11	450	27	changes	change	NOUN
faba-11	450	28	in	in	ADP
faba-11	450	29	similar	similar	ADJ
faba-11	450	30	direction	direction	NOUN
faba-11	450	31	.	.	PUNCT
faba-11	451	1	some	some	PRON
faba-11	451	2	of	of	ADP
faba-11	451	3	the	the	DET
faba-11	451	4	past	past	ADJ
faba-11	451	5	studies	study	NOUN
faba-11	451	6	that	that	PRON
faba-11	451	7	share	share	VERB
faba-11	451	8	the	the	DET
faba-11	451	9	same	same	ADJ
faba-11	451	10	finding	finding	NOUN
faba-11	451	11	in	in	ADP
faba-11	451	12	the	the	DET
faba-11	451	13	emerging	emerge	VERB
faba-11	451	14	markets	market	NOUN
faba-11	451	15	are	be	AUX
faba-11	451	16	moosa	moosa	PROPN
faba-11	451	17	and	and	CCONJ
faba-11	451	18	al	al	PROPN
faba-11	451	19	-	-	PUNCT
faba-11	451	20	loughani	loughani	PROPN
faba-11	451	21	(	(	PUNCT
faba-11	451	22	1995	1995	NUM
faba-11	451	23	)	)	PUNCT
faba-11	451	24	who	who	PRON
faba-11	451	25	finds	find	VERB
faba-11	451	26	that	that	SCONJ
faba-11	451	27	the	the	DET
faba-11	451	28	relation	relation	NOUN
faba-11	451	29	of	of	ADP
faba-11	451	30	price	price	NOUN
faba-11	451	31	-	-	PUNCT
faba-11	451	32	volume	volume	NOUN
faba-11	451	33	in	in	ADP
faba-11	451	34	southeast	southeast	ADJ
faba-11	451	35	asian	asian	ADJ
faba-11	451	36	is	be	AUX
faba-11	451	37	contemporaneous	contemporaneous	ADJ
faba-11	451	38	,	,	PUNCT
faba-11	451	39	lagged	lag	VERB
faba-11	451	40	and	and	CCONJ
faba-11	451	41	positive	positive	ADJ
faba-11	451	42	;	;	PUNCT
faba-11	451	43	and	and	CCONJ
faba-11	451	44	ratner	ratner	NOUN
faba-11	451	45	and	and	CCONJ
faba-11	451	46	leal	leal	PROPN
faba-11	451	47	(	(	PUNCT
faba-11	451	48	2001	2001	NUM
faba-11	451	49	)	)	PUNCT
faba-11	451	50	who	who	PRON
faba-11	451	51	find	find	VERB
faba-11	451	52	a	a	DET
faba-11	451	53	positive	positive	ADJ
faba-11	451	54	contemporaneous	contemporaneous	ADJ
faba-11	451	55	relation	relation	NOUN
faba-11	451	56	between	between	ADP
faba-11	451	57	return	return	NOUN
faba-11	451	58	and	and	CCONJ
faba-11	451	59	volume	volume	NOUN
faba-11	451	60	in	in	ADP
faba-11	451	61	the	the	DET
faba-11	451	62	latin	latin	ADJ
faba-11	451	63	and	and	CCONJ
faba-11	451	64	asian	asian	ADJ
faba-11	451	65	financial	financial	ADJ
faba-11	451	66	markets	market	NOUN
faba-11	451	67	.	.	PUNCT
faba-11	452	1	the	the	DET
faba-11	452	2	positive	positive	ADJ
faba-11	452	3	relationships	relationship	NOUN
faba-11	452	4	are	be	AUX
faba-11	452	5	as	as	SCONJ
faba-11	452	6	expected	expect	VERB
faba-11	452	7	since	since	SCONJ
faba-11	452	8	the	the	DET
faba-11	452	9	increase	increase	NOUN
faba-11	452	10	in	in	ADP
faba-11	452	11	trading	trading	NOUN
faba-11	452	12	volume	volume	NOUN
faba-11	452	13	represents	represent	VERB
faba-11	452	14	the	the	DET
faba-11	452	15	growing	grow	VERB
faba-11	452	16	demand	demand	NOUN
faba-11	452	17	and	and	CCONJ
faba-11	452	18	interest	interest	NOUN
faba-11	452	19	in	in	ADP
faba-11	452	20	the	the	DET
faba-11	452	21	market	market	NOUN
faba-11	452	22	(	(	PUNCT
faba-11	452	23	from	from	ADP
faba-11	452	24	the	the	DET
faba-11	452	25	market	market	NOUN
faba-11	452	26	participants	participant	NOUN
faba-11	452	27	)	)	PUNCT
faba-11	452	28	which	which	PRON
faba-11	452	29	,	,	PUNCT
faba-11	452	30	tends	tend	VERB
faba-11	452	31	to	to	PART
faba-11	452	32	make	make	VERB
faba-11	452	33	the	the	DET
faba-11	452	34	price	price	NOUN
faba-11	452	35	moves	move	NOUN
faba-11	452	36	more	more	ADV
faba-11	452	37	abruptly	abruptly	ADV
faba-11	452	38	.	.	PUNCT
faba-11	453	1	the	the	DET
faba-11	453	2	buying	buying	NOUN
faba-11	453	3	and	and	CCONJ
faba-11	453	4	selling	selling	NOUN
faba-11	453	5	activities	activity	NOUN
faba-11	453	6	made	make	VERB
faba-11	453	7	by	by	ADP
faba-11	453	8	traders	trader	NOUN
faba-11	453	9	influences	influence	VERB
faba-11	453	10	the	the	DET
faba-11	453	11	price	price	NOUN
faba-11	453	12	to	to	PART
faba-11	453	13	move	move	VERB
faba-11	453	14	up	up	ADV
faba-11	453	15	and	and	CCONJ
faba-11	453	16	down	down	ADV
faba-11	453	17	and	and	CCONJ
faba-11	453	18	since	since	SCONJ
faba-11	453	19	more	more	ADJ
faba-11	453	20	traders	trader	NOUN
faba-11	453	21	are	be	AUX
faba-11	453	22	actively	actively	ADV
faba-11	453	23	buying	buy	VERB
faba-11	453	24	and	and	CCONJ
faba-11	453	25	selling	selling	NOUN
faba-11	453	26	,	,	PUNCT
faba-11	453	27	the	the	DET
faba-11	453	28	price	price	NOUN
faba-11	453	29	changes	change	NOUN
faba-11	453	30	will	will	AUX
faba-11	453	31	be	be	AUX
faba-11	453	32	more	more	ADV
faba-11	453	33	aggressive	aggressive	ADJ
faba-11	453	34	.	.	PUNCT
faba-11	454	1	this	this	DET
faba-11	454	2	finding	finding	NOUN
faba-11	454	3	is	be	AUX
faba-11	454	4	consistent	consistent	ADJ
faba-11	454	5	with	with	ADP
faba-11	454	6	lamoureux	lamoureux	NOUN
faba-11	454	7	and	and	CCONJ
faba-11	454	8	lastrapes	lastrape	NOUN
faba-11	454	9	(	(	PUNCT
faba-11	454	10	1990	1990	NUM
faba-11	454	11	)	)	PUNCT
faba-11	454	12	in	in	ADP
faba-11	454	13	usa	usa	PROPN
faba-11	454	14	,	,	PUNCT
faba-11	454	15	dan	dan	PROPN
faba-11	454	16	et	et	PROPN
faba-11	454	17	al	al	PROPN
faba-11	454	18	.	.	PROPN
faba-11	455	1	(	(	PUNCT
faba-11	455	2	2013	2013	NUM
faba-11	455	3	)	)	PUNCT
faba-11	455	4	in	in	ADP
faba-11	455	5	china	china	PROPN
faba-11	455	6	and	and	CCONJ
faba-11	455	7	naka	naka	PROPN
faba-11	455	8	and	and	CCONJ
faba-11	455	9	oral	oral	ADJ
faba-11	455	10	(	(	PUNCT
faba-11	455	11	2013	2013	NUM
faba-11	455	12	)	)	PUNCT
faba-11	455	13	in	in	ADP
faba-11	455	14	turkey	turkey	NOUN
faba-11	455	15	.	.	PUNCT
faba-11	456	1	secondly	secondly	ADV
faba-11	456	2	,	,	PUNCT
faba-11	456	3	on	on	ADP
faba-11	456	4	the	the	DET
faba-11	456	5	dynamic	dynamic	ADJ
faba-11	456	6	relationship	relationship	NOUN
faba-11	456	7	,	,	PUNCT
faba-11	456	8	the	the	DET
faba-11	456	9	granger	granger	PROPN
faba-11	456	10	causality	causality	PROPN
faba-11	456	11	shows	show	VERB
faba-11	456	12	that	that	SCONJ
faba-11	456	13	none	none	NOUN
faba-11	456	14	of	of	ADP
faba-11	456	15	the	the	DET
faba-11	456	16	local	local	ADJ
faba-11	456	17	trading	trading	NOUN
faba-11	456	18	volumes	volume	NOUN
faba-11	456	19	is	be	AUX
faba-11	456	20	significant	significant	ADJ
faba-11	456	21	in	in	ADP
faba-11	456	22	explaining	explain	VERB
faba-11	456	23	the	the	DET
faba-11	456	24	variation	variation	NOUN
faba-11	456	25	in	in	ADP
faba-11	456	26	the	the	DET
faba-11	456	27	respective	respective	ADJ
faba-11	456	28	countries	country	NOUN
faba-11	456	29	stock	stock	NOUN
faba-11	456	30	market	market	NOUN
faba-11	456	31	returns	return	NOUN
faba-11	456	32	.	.	PUNCT
faba-11	457	1	the	the	DET
faba-11	457	2	same	same	ADJ
faba-11	457	3	goes	go	VERB
faba-11	457	4	for	for	ADP
faba-11	457	5	the	the	DET
faba-11	457	6	other	other	ADJ
faba-11	457	7	way	way	NOUN
faba-11	457	8	around	around	ADV
faba-11	457	9	,	,	PUNCT
faba-11	457	10	except	except	SCONJ
faba-11	457	11	for	for	ADP
faba-11	457	12	the	the	DET
faba-11	457	13	klci	klci	NOUN
faba-11	457	14	return	return	NOUN
faba-11	457	15	which	which	PRON
faba-11	457	16	is	be	AUX
faba-11	457	17	significant	significant	ADJ
faba-11	457	18	at	at	ADP
faba-11	457	19	10	10	NUM
faba-11	457	20	%	%	NOUN
faba-11	457	21	level	level	NOUN
faba-11	457	22	in	in	ADP
faba-11	457	23	grangercausing	grangercause	VERB
faba-11	457	24	its	its	PRON
faba-11	457	25	trading	trading	NOUN
faba-11	457	26	return	return	NOUN
faba-11	457	27	.	.	PUNCT
faba-11	458	1	in	in	ADP
faba-11	458	2	other	other	ADJ
faba-11	458	3	words	word	NOUN
faba-11	458	4	,	,	PUNCT
faba-11	458	5	only	only	ADV
faba-11	458	6	a	a	DET
faba-11	458	7	unidirectional	unidirectional	ADJ
faba-11	458	8	causality	causality	NOUN
faba-11	458	9	running	run	VERB
faba-11	458	10	from	from	ADP
faba-11	458	11	return	return	NOUN
faba-11	458	12	to	to	ADP
faba-11	458	13	volume	volume	NOUN
faba-11	458	14	is	be	AUX
faba-11	458	15	observed	observe	VERB
faba-11	458	16	,	,	PUNCT
faba-11	458	17	indicating	indicate	VERB
faba-11	458	18	a	a	DET
faba-11	458	19	rejection	rejection	NOUN
faba-11	458	20	of	of	ADP
faba-11	458	21	null	null	ADJ
faba-11	458	22	hypothesis	hypothesis	NOUN
faba-11	458	23	number	number	NOUN
faba-11	458	24	2	2	NUM
faba-11	458	25	.	.	PUNCT
faba-11	459	1	even	even	ADV
faba-11	459	2	though	though	SCONJ
faba-11	459	3	this	this	DET
faba-11	459	4	result	result	NOUN
faba-11	459	5	is	be	AUX
faba-11	459	6	supportive	supportive	ADJ
faba-11	459	7	to	to	ADP
faba-11	459	8	the	the	DET
faba-11	459	9	one	one	NOUN
faba-11	459	10	found	find	VERB
faba-11	459	11	by	by	ADP
faba-11	459	12	léon	léon	PROPN
faba-11	459	13	(	(	PUNCT
faba-11	459	14	2007	2007	NUM
faba-11	459	15	)	)	PUNCT
faba-11	459	16	in	in	ADP
faba-11	459	17	africa	africa	PROPN
faba-11	459	18	,	,	PUNCT
faba-11	459	19	it	it	PRON
faba-11	459	20	is	be	AUX
faba-11	459	21	rather	rather	ADV
faba-11	459	22	in	in	ADP
faba-11	459	23	contrary	contrary	ADJ
faba-11	459	24	to	to	ADP
faba-11	459	25	this	this	DET
faba-11	459	26	paper	paper	NOUN
faba-11	459	27	’s	’s	PART
faba-11	459	28	results	result	NOUN
faba-11	459	29	on	on	ADP
faba-11	459	30	the	the	DET
faba-11	459	31	contemporaneous	contemporaneous	ADJ
faba-11	459	32	relationship	relationship	NOUN
faba-11	459	33	;	;	PUNCT
faba-11	459	34	which	which	PRON
faba-11	459	35	suggest	suggest	VERB
faba-11	459	36	a	a	DET
faba-11	459	37	strong	strong	ADJ
faba-11	459	38	explanatory	explanatory	ADJ
faba-11	459	39	power	power	NOUN
faba-11	459	40	borne	bear	VERB
faba-11	459	41	by	by	ADP
faba-11	459	42	trading	trading	NOUN
faba-11	459	43	volume	volume	NOUN
faba-11	459	44	onto	onto	ADP
faba-11	459	45	stock	stock	NOUN
faba-11	459	46	returns	return	NOUN
faba-11	459	47	.	.	PUNCT
faba-11	460	1	it	it	PRON
faba-11	460	2	is	be	AUX
faba-11	460	3	also	also	ADV
faba-11	460	4	in	in	ADP
faba-11	460	5	contrary	contrary	ADJ
faba-11	460	6	to	to	ADP
faba-11	460	7	moosa	moosa	PROPN
faba-11	460	8	and	and	CCONJ
faba-11	460	9	al	al	PROPN
faba-11	460	10	-	-	PUNCT
faba-11	460	11	loughani	loughani	PROPN
faba-11	460	12	(	(	PUNCT
faba-11	460	13	1995	1995	NUM
faba-11	460	14	)	)	PUNCT
faba-11	460	15	who	who	PRON
faba-11	460	16	find	find	VERB
faba-11	460	17	bidirectional	bidirectional	ADJ
faba-11	460	18	relationships	relationship	NOUN
faba-11	460	19	between	between	ADP
faba-11	460	20	the	the	DET
faba-11	460	21	same	same	ADJ
faba-11	460	22	two	two	NUM
faba-11	460	23	variables	variable	NOUN
faba-11	460	24	in	in	ADP
faba-11	460	25	the	the	DET
faba-11	460	26	same	same	ADJ
faba-11	460	27	markets	market	NOUN
faba-11	460	28	.	.	PUNCT
faba-11	461	1	however	however	ADV
faba-11	461	2	,	,	PUNCT
faba-11	461	3	when	when	SCONJ
faba-11	461	4	taken	take	VERB
faba-11	461	5	together	together	ADV
faba-11	461	6	,	,	PUNCT
faba-11	461	7	trading	trading	NOUN
faba-11	461	8	volume	volume	NOUN
faba-11	461	9	does	do	AUX
faba-11	461	10	contain	contain	VERB
faba-11	461	11	some	some	DET
faba-11	461	12	information	information	NOUN
faba-11	461	13	that	that	PRON
faba-11	461	14	is	be	AUX
faba-11	461	15	useful	useful	ADJ
faba-11	461	16	in	in	ADP
faba-11	461	17	predicting	predict	VERB
faba-11	461	18	future	future	ADJ
faba-11	461	19	dynamic	dynamic	NOUN
faba-11	461	20	of	of	ADP
faba-11	461	21	stock	stock	NOUN
faba-11	461	22	market	market	NOUN
faba-11	461	23	returns	return	NOUN
faba-11	461	24	in	in	ADP
faba-11	461	25	southeast	southeast	PROPN
faba-11	461	26	asia	asia	PROPN
faba-11	461	27	.	.	PUNCT
faba-11	462	1	the	the	DET
faba-11	462	2	second	second	ADJ
faba-11	462	3	objective	objective	NOUN
faba-11	462	4	of	of	ADP
faba-11	462	5	this	this	DET
faba-11	462	6	study	study	NOUN
faba-11	462	7	is	be	AUX
faba-11	462	8	to	to	PART
faba-11	462	9	seek	seek	VERB
faba-11	462	10	to	to	PART
faba-11	462	11	determine	determine	VERB
faba-11	462	12	the	the	DET
faba-11	462	13	dynamic	dynamic	ADJ
faba-11	462	14	relationship	relationship	NOUN
faba-11	462	15	between	between	ADP
faba-11	462	16	trading	trading	NOUN
faba-11	462	17	volumes	volume	NOUN
faba-11	462	18	and	and	CCONJ
faba-11	462	19	return	return	VERB
faba-11	462	20	volatility	volatility	NOUN
faba-11	462	21	in	in	ADP
faba-11	462	22	each	each	PRON
faba-11	462	23	of	of	ADP
faba-11	462	24	the	the	DET
faba-11	462	25	southeast	southeast	ADJ
faba-11	462	26	asian	asian	ADJ
faba-11	462	27	stock	stock	NOUN
faba-11	462	28	markets	market	NOUN
faba-11	462	29	.	.	PUNCT
faba-11	463	1	this	this	DET
faba-11	463	2	objective	objective	NOUN
faba-11	463	3	is	be	AUX
faba-11	463	4	achieved	achieve	VERB
faba-11	463	5	by	by	ADP
faba-11	463	6	administering	administer	VERB
faba-11	463	7	the	the	DET
faba-11	463	8	pair	pair	NOUN
faba-11	463	9	wise	wise	ADJ
faba-11	463	10	granger	granger	NOUN
faba-11	463	11	-	-	PUNCT
faba-11	463	12	causality	causality	NOUN
faba-11	463	13	tests	test	NOUN
faba-11	463	14	between	between	ADP
faba-11	463	15	two	two	NUM
faba-11	463	16	pairs	pair	NOUN
faba-11	463	17	of	of	ADP
faba-11	463	18	variables	variable	NOUN
faba-11	463	19	within	within	ADP
faba-11	463	20	the	the	DET
faba-11	463	21	same	same	ADJ
faba-11	463	22	markets	market	NOUN
faba-11	463	23	.	.	PUNCT
faba-11	464	1	as	as	ADP
faba-11	464	2	a	a	DET
faba-11	464	3	general	general	ADJ
faba-11	464	4	conclusion	conclusion	NOUN
faba-11	464	5	,	,	PUNCT
faba-11	464	6	volumes	volume	NOUN
faba-11	464	7	and	and	CCONJ
faba-11	464	8	volatility	volatility	NOUN
faba-11	464	9	are	be	AUX
faba-11	464	10	able	able	ADJ
faba-11	464	11	to	to	PART
faba-11	464	12	significantly	significantly	ADV
faba-11	464	13	granger	granger	NOUN
faba-11	464	14	-	-	PUNCT
faba-11	464	15	cause	cause	VERB
faba-11	464	16	each	each	DET
faba-11	464	17	other	other	ADJ
faba-11	464	18	in	in	ADP
faba-11	464	19	the	the	DET
faba-11	464	20	stock	stock	NOUN
faba-11	464	21	markets	market	NOUN
faba-11	464	22	of	of	ADP
faba-11	464	23	malaysian	malaysian	PROPN
faba-11	464	24	and	and	CCONJ
faba-11	464	25	singapore	singapore	PROPN
faba-11	464	26	,	,	PUNCT
faba-11	464	27	which	which	PRON
faba-11	464	28	calls	call	VERB
faba-11	464	29	for	for	ADP
faba-11	464	30	the	the	DET
faba-11	464	31	rejection	rejection	NOUN
faba-11	464	32	of	of	ADP
faba-11	464	33	null	null	ADJ
faba-11	464	34	hypothesis	hypothesis	NOUN
faba-11	464	35	number	number	NOUN
faba-11	464	36	3	3	NUM
faba-11	464	37	.	.	PUNCT
faba-11	465	1	this	this	PRON
faba-11	465	2	implies	imply	VERB
faba-11	465	3	that	that	SCONJ
faba-11	465	4	the	the	DET
faba-11	465	5	volume	volume	NOUN
faba-11	465	6	and	and	CCONJ
faba-11	465	7	volatility	volatility	NOUN
faba-11	465	8	of	of	ADP
faba-11	465	9	returns	return	NOUN
faba-11	465	10	within	within	ADP
faba-11	465	11	the	the	DET
faba-11	465	12	two	two	NUM
faba-11	465	13	markets	market	NOUN
faba-11	465	14	are	be	AUX
faba-11	465	15	internally	internally	ADV
faba-11	465	16	interrelated	interrelate	VERB
faba-11	465	17	to	to	ADP
faba-11	465	18	one	one	NUM
faba-11	465	19	another	another	DET
faba-11	465	20	.	.	PUNCT
faba-11	466	1	trading	trading	NOUN
faba-11	466	2	volume	volume	NOUN
faba-11	466	3	will	will	AUX
faba-11	466	4	cause	cause	VERB
faba-11	466	5	fluctuation	fluctuation	NOUN
faba-11	466	6	in	in	ADP
faba-11	466	7	share	share	NOUN
faba-11	466	8	price	price	NOUN
faba-11	466	9	and	and	CCONJ
faba-11	466	10	hence	hence	ADV
faba-11	466	11	,	,	PUNCT
faba-11	466	12	return	return	VERB
faba-11	466	13	whereas	whereas	SCONJ
faba-11	466	14	in	in	ADP
faba-11	466	15	reverse	reverse	NOUN
faba-11	466	16	,	,	PUNCT
faba-11	466	17	volatility	volatility	NOUN
faba-11	466	18	m.r	m.r	PROPN
faba-11	466	19	.	.	PROPN
faba-11	466	20	miseman	miseman	PROPN
faba-11	466	21	et	et	PROPN
faba-11	466	22	al	al	PROPN
faba-11	466	23	.	.	PUNCT
faba-11	466	24	/	/	SYM
faba-11	466	25	finance	finance	NOUN
faba-11	466	26	,	,	PUNCT
faba-11	466	27	accounting	accounting	NOUN
faba-11	466	28	and	and	CCONJ
faba-11	466	29	business	business	NOUN
faba-11	466	30	analisys	analisys	NOUN
faba-11	466	31	17	17	NUM
faba-11	466	32	of	of	ADP
faba-11	466	33	return	return	NOUN
faba-11	466	34	will	will	AUX
faba-11	466	35	affect	affect	VERB
faba-11	466	36	the	the	DET
faba-11	466	37	number	number	NOUN
faba-11	466	38	of	of	ADP
faba-11	466	39	shares	share	NOUN
faba-11	466	40	being	be	AUX
faba-11	466	41	traded	trade	VERB
faba-11	466	42	in	in	ADP
faba-11	466	43	the	the	DET
faba-11	466	44	exchange	exchange	NOUN
faba-11	466	45	.	.	PUNCT
faba-11	467	1	this	this	DET
faba-11	467	2	finding	finding	NOUN
faba-11	467	3	corroborates	corroborate	VERB
faba-11	467	4	the	the	DET
faba-11	467	5	sequential	sequential	ADJ
faba-11	467	6	information	information	NOUN
faba-11	467	7	arrival	arrival	NOUN
faba-11	467	8	hypothesis	hypothesis	NOUN
faba-11	467	9	(	(	PUNCT
faba-11	467	10	siah	siah	PROPN
faba-11	467	11	)	)	PUNCT
faba-11	467	12	which	which	PRON
faba-11	467	13	suggests	suggest	VERB
faba-11	467	14	that	that	SCONJ
faba-11	467	15	information	information	NOUN
faba-11	467	16	are	be	AUX
faba-11	467	17	relayed	relay	VERB
faba-11	467	18	into	into	ADP
faba-11	467	19	the	the	DET
faba-11	467	20	stock	stock	NOUN
faba-11	467	21	market	market	NOUN
faba-11	467	22	participants	participant	NOUN
faba-11	467	23	in	in	ADP
faba-11	467	24	stages	stage	NOUN
faba-11	467	25	,	,	PUNCT
faba-11	467	26	hence	hence	ADV
faba-11	467	27	there	there	ADV
faba-11	467	28	tend	tend	VERB
faba-11	467	29	to	to	PART
faba-11	467	30	be	be	AUX
faba-11	467	31	multiple	multiple	ADJ
faba-11	467	32	transitional	transitional	ADJ
faba-11	467	33	equilibrium	equilibrium	NOUN
faba-11	467	34	points	point	NOUN
faba-11	467	35	established	establish	VERB
faba-11	467	36	before	before	SCONJ
faba-11	467	37	the	the	DET
faba-11	467	38	true	true	ADJ
faba-11	467	39	equilibrium	equilibrium	NOUN
faba-11	467	40	point	point	NOUN
faba-11	467	41	is	be	AUX
faba-11	467	42	met	meet	VERB
faba-11	467	43	.	.	PUNCT
faba-11	468	1	therefore	therefore	ADV
faba-11	468	2	,	,	PUNCT
faba-11	468	3	there	there	PRON
faba-11	468	4	are	be	VERB
faba-11	468	5	many	many	ADJ
faba-11	468	6	opportunity	opportunity	NOUN
faba-11	468	7	for	for	SCONJ
faba-11	468	8	the	the	DET
faba-11	468	9	two	two	NUM
faba-11	468	10	variables	variable	NOUN
faba-11	468	11	to	to	PART
faba-11	468	12	be	be	AUX
faba-11	468	13	intertwined	intertwine	VERB
faba-11	468	14	by	by	ADP
faba-11	468	15	the	the	DET
faba-11	468	16	forces	force	NOUN
faba-11	468	17	in	in	ADP
faba-11	468	18	the	the	DET
faba-11	468	19	market	market	NOUN
faba-11	468	20	,	,	PUNCT
faba-11	468	21	and	and	CCONJ
faba-11	468	22	hence	hence	ADV
faba-11	468	23	,	,	PUNCT
faba-11	468	24	it	it	PRON
faba-11	468	25	explains	explain	VERB
faba-11	468	26	why	why	SCONJ
faba-11	468	27	the	the	DET
faba-11	468	28	two	two	NUM
faba-11	468	29	variables	variable	NOUN
faba-11	468	30	may	may	AUX
faba-11	468	31	interrelate	interrelate	VERB
faba-11	468	32	with	with	ADP
faba-11	468	33	one	one	NUM
faba-11	468	34	another	another	DET
faba-11	468	35	.	.	PUNCT
faba-11	469	1	however	however	ADV
faba-11	469	2	,	,	PUNCT
faba-11	469	3	the	the	DET
faba-11	469	4	opposite	opposite	NOUN
faba-11	469	5	is	be	AUX
faba-11	469	6	true	true	ADJ
faba-11	469	7	for	for	ADP
faba-11	469	8	the	the	DET
faba-11	469	9	indonesian	indonesian	ADJ
faba-11	469	10	case	case	NOUN
faba-11	469	11	,	,	PUNCT
faba-11	469	12	where	where	SCONJ
faba-11	469	13	the	the	DET
faba-11	469	14	trading	trading	NOUN
faba-11	469	15	volume	volume	NOUN
faba-11	469	16	and	and	CCONJ
faba-11	469	17	volatility	volatility	NOUN
faba-11	469	18	are	be	AUX
faba-11	469	19	not	not	PART
faba-11	469	20	causing	cause	VERB
faba-11	469	21	each	each	DET
faba-11	469	22	other	other	ADJ
faba-11	469	23	at	at	ADV
faba-11	469	24	all	all	ADV
faba-11	469	25	.	.	PUNCT
faba-11	470	1	these	these	DET
faba-11	470	2	results	result	NOUN
faba-11	470	3	highlight	highlight	VERB
faba-11	470	4	the	the	DET
faba-11	470	5	weak	weak	ADJ
faba-11	470	6	association	association	NOUN
faba-11	470	7	contained	contain	VERB
faba-11	470	8	in	in	ADP
faba-11	470	9	the	the	DET
faba-11	470	10	indonesian	indonesian	ADJ
faba-11	470	11	stock	stock	NOUN
faba-11	470	12	market	market	NOUN
faba-11	470	13	variables	variable	NOUN
faba-11	470	14	in	in	ADP
faba-11	470	15	relation	relation	NOUN
faba-11	470	16	to	to	ADP
faba-11	470	17	its	its	PRON
faba-11	470	18	own	own	ADJ
faba-11	470	19	market	market	NOUN
faba-11	470	20	variables	variable	NOUN
faba-11	470	21	.	.	PUNCT
faba-11	471	1	given	give	VERB
faba-11	471	2	the	the	DET
faba-11	471	3	high	high	ADJ
faba-11	471	4	degree	degree	NOUN
faba-11	471	5	of	of	ADP
faba-11	471	6	fluctuation	fluctuation	NOUN
faba-11	471	7	in	in	ADP
faba-11	471	8	share	share	NOUN
faba-11	471	9	volume	volume	NOUN
faba-11	471	10	and	and	CCONJ
faba-11	471	11	return	return	VERB
faba-11	471	12	in	in	ADP
faba-11	471	13	the	the	DET
faba-11	471	14	market	market	NOUN
faba-11	471	15	(	(	PUNCT
faba-11	471	16	as	as	SCONJ
faba-11	471	17	described	describe	VERB
faba-11	471	18	in	in	ADP
faba-11	471	19	descriptive	descriptive	ADJ
faba-11	471	20	statistics	statistic	NOUN
faba-11	471	21	)	)	PUNCT
faba-11	471	22	,	,	PUNCT
faba-11	471	23	there	there	PRON
faba-11	471	24	must	must	AUX
faba-11	471	25	be	be	AUX
faba-11	471	26	other	other	ADJ
faba-11	471	27	variables	variable	NOUN
faba-11	471	28	that	that	PRON
faba-11	471	29	can	can	AUX
faba-11	471	30	explain	explain	VERB
faba-11	471	31	this	this	DET
faba-11	471	32	phenomenon	phenomenon	NOUN
faba-11	471	33	.	.	PUNCT
faba-11	472	1	along	along	ADP
faba-11	472	2	with	with	ADP
faba-11	472	3	the	the	DET
faba-11	472	4	second	second	ADJ
faba-11	472	5	objective	objective	NOUN
faba-11	472	6	,	,	PUNCT
faba-11	472	7	comes	come	VERB
faba-11	472	8	the	the	DET
faba-11	472	9	requirement	requirement	NOUN
faba-11	472	10	to	to	PART
faba-11	472	11	model	model	VERB
faba-11	472	12	the	the	DET
faba-11	472	13	volatility	volatility	NOUN
faba-11	472	14	of	of	ADP
faba-11	472	15	the	the	DET
faba-11	472	16	respective	respective	ADJ
faba-11	472	17	countries	country	NOUN
faba-11	472	18	’	’	PART
faba-11	472	19	stock	stock	NOUN
faba-11	472	20	market	market	NOUN
faba-11	472	21	returns	return	NOUN
faba-11	472	22	,	,	PUNCT
faba-11	472	23	which	which	PRON
faba-11	472	24	becomes	become	VERB
faba-11	472	25	the	the	DET
faba-11	472	26	third	third	ADJ
faba-11	472	27	objective	objective	NOUN
faba-11	472	28	of	of	ADP
faba-11	472	29	the	the	DET
faba-11	472	30	study	study	NOUN
faba-11	472	31	.	.	PUNCT
faba-11	473	1	the	the	DET
faba-11	473	2	objective	objective	NOUN
faba-11	473	3	is	be	AUX
faba-11	473	4	achieved	achieve	VERB
faba-11	473	5	by	by	ADP
faba-11	473	6	running	run	VERB
faba-11	473	7	the	the	DET
faba-11	473	8	garch	garch	NOUN
faba-11	473	9	(	(	PUNCT
faba-11	473	10	1,1	1,1	NUM
faba-11	473	11	)	)	PUNCT
faba-11	473	12	model	model	NOUN
faba-11	473	13	.	.	PUNCT
faba-11	474	1	the	the	DET
faba-11	474	2	results	result	NOUN
faba-11	474	3	expose	expose	VERB
faba-11	474	4	that	that	SCONJ
faba-11	474	5	only	only	ADV
faba-11	474	6	singapore	singapore	PROPN
faba-11	474	7	market	market	NOUN
faba-11	474	8	’s	’s	PART
faba-11	474	9	long	long	ADJ
faba-11	474	10	-	-	PUNCT
faba-11	474	11	term	term	NOUN
faba-11	474	12	volatility	volatility	NOUN
faba-11	474	13	is	be	AUX
faba-11	474	14	significant	significant	ADJ
faba-11	474	15	in	in	ADP
faba-11	474	16	influencing	influence	VERB
faba-11	474	17	its	its	PRON
faba-11	474	18	overall	overall	ADJ
faba-11	474	19	volatility	volatility	NOUN
faba-11	474	20	of	of	ADP
faba-11	474	21	stock	stock	NOUN
faba-11	474	22	return	return	NOUN
faba-11	474	23	.	.	PUNCT
faba-11	475	1	however	however	ADV
faba-11	475	2	,	,	PUNCT
faba-11	475	3	the	the	DET
faba-11	475	4	observed	observed	ADJ
faba-11	475	5	relationship	relationship	NOUN
faba-11	475	6	is	be	AUX
faba-11	475	7	negative	negative	ADJ
faba-11	475	8	,	,	PUNCT
faba-11	475	9	which	which	PRON
faba-11	475	10	implies	imply	VERB
faba-11	475	11	that	that	SCONJ
faba-11	475	12	that	that	SCONJ
faba-11	475	13	the	the	DET
faba-11	475	14	longterm	longterm	ADJ
faba-11	475	15	volatility	volatility	NOUN
faba-11	475	16	is	be	AUX
faba-11	475	17	negatively	negatively	ADV
faba-11	475	18	factored	factor	VERB
faba-11	475	19	into	into	ADP
faba-11	475	20	the	the	DET
faba-11	475	21	current	current	ADJ
faba-11	475	22	volatility	volatility	NOUN
faba-11	475	23	.	.	PUNCT
faba-11	476	1	in	in	ADP
faba-11	476	2	other	other	ADJ
faba-11	476	3	words	word	NOUN
faba-11	476	4	,	,	PUNCT
faba-11	476	5	the	the	DET
faba-11	476	6	stock	stock	NOUN
faba-11	476	7	return	return	NOUN
faba-11	476	8	’s	’s	PART
faba-11	476	9	volatility	volatility	NOUN
faba-11	476	10	moves	move	NOUN
faba-11	476	11	in	in	ADP
faba-11	476	12	opposite	opposite	ADJ
faba-11	476	13	way	way	NOUN
faba-11	476	14	from	from	ADP
faba-11	476	15	the	the	DET
faba-11	476	16	long	long	ADJ
faba-11	476	17	-	-	PUNCT
faba-11	476	18	term	term	NOUN
faba-11	476	19	variance	variance	NOUN
faba-11	476	20	.	.	PUNCT
faba-11	477	1	the	the	DET
faba-11	477	2	lagged	lag	VERB
faba-11	477	3	square	square	ADJ
faba-11	477	4	returns	return	NOUN
faba-11	477	5	(	(	PUNCT
faba-11	477	6	representing	represent	VERB
faba-11	477	7	the	the	DET
faba-11	477	8	adjustment	adjustment	NOUN
faba-11	477	9	to	to	ADP
faba-11	477	10	past	past	ADJ
faba-11	477	11	shocks	shock	NOUN
faba-11	477	12	)	)	PUNCT
faba-11	477	13	are	be	AUX
faba-11	477	14	found	find	VERB
faba-11	477	15	to	to	PART
faba-11	477	16	be	be	AUX
faba-11	477	17	significantly	significantly	ADV
faba-11	477	18	explaining	explain	VERB
faba-11	477	19	the	the	DET
faba-11	477	20	variation	variation	NOUN
faba-11	477	21	in	in	ADP
faba-11	477	22	stock	stock	NOUN
faba-11	477	23	return	return	NOUN
faba-11	477	24	volatility	volatility	NOUN
faba-11	477	25	in	in	ADP
faba-11	477	26	all	all	DET
faba-11	477	27	countries	country	NOUN
faba-11	477	28	.	.	PUNCT
faba-11	478	1	the	the	DET
faba-11	478	2	alpha	alpha	NOUN
faba-11	478	3	value	value	NOUN
faba-11	478	4	ranges	range	VERB
faba-11	478	5	from	from	ADP
faba-11	478	6	0.61	0.61	NUM
faba-11	478	7	to	to	ADP
faba-11	478	8	0.96	0.96	NUM
faba-11	478	9	,	,	PUNCT
faba-11	478	10	which	which	PRON
faba-11	478	11	means	mean	VERB
faba-11	478	12	that	that	SCONJ
faba-11	478	13	the	the	DET
faba-11	478	14	stock	stock	NOUN
faba-11	478	15	markets	market	NOUN
faba-11	478	16	return	return	VERB
faba-11	478	17	in	in	ADP
faba-11	478	18	southeast	southeast	PROPN
faba-11	478	19	asia	asia	PROPN
faba-11	478	20	are	be	AUX
faba-11	478	21	sensitive	sensitive	ADJ
faba-11	478	22	to	to	ADP
faba-11	478	23	their	their	PRON
faba-11	478	24	own	own	ADJ
faba-11	478	25	past	past	ADJ
faba-11	478	26	return	return	NOUN
faba-11	478	27	series	series	NOUN
faba-11	478	28	.	.	PUNCT
faba-11	479	1	since	since	SCONJ
faba-11	479	2	the	the	DET
faba-11	479	3	coefficients	coefficient	NOUN
faba-11	479	4	are	be	AUX
faba-11	479	5	positive	positive	ADJ
faba-11	479	6	,	,	PUNCT
faba-11	479	7	traders	trader	NOUN
faba-11	479	8	are	be	AUX
faba-11	479	9	advised	advise	VERB
faba-11	479	10	to	to	PART
faba-11	479	11	use	use	VERB
faba-11	479	12	the	the	DET
faba-11	479	13	past	past	ADJ
faba-11	479	14	return	return	NOUN
faba-11	479	15	as	as	ADP
faba-11	479	16	an	an	DET
faba-11	479	17	indicator	indicator	NOUN
faba-11	479	18	for	for	ADP
faba-11	479	19	future	future	ADJ
faba-11	479	20	volatility	volatility	NOUN
faba-11	479	21	of	of	ADP
faba-11	479	22	returns	return	NOUN
faba-11	479	23	.	.	PUNCT
faba-11	480	1	for	for	ADP
faba-11	480	2	example	example	NOUN
faba-11	480	3	,	,	PUNCT
faba-11	480	4	if	if	SCONJ
faba-11	480	5	today	today	NOUN
faba-11	480	6	’s	’s	PART
faba-11	480	7	stock	stock	NOUN
faba-11	480	8	return	return	NOUN
faba-11	480	9	is	be	AUX
faba-11	480	10	positive	positive	ADJ
faba-11	480	11	,	,	PUNCT
faba-11	480	12	one	one	PRON
faba-11	480	13	can	can	AUX
faba-11	480	14	expect	expect	VERB
faba-11	480	15	that	that	SCONJ
faba-11	480	16	tomorrow	tomorrow	NOUN
faba-11	480	17	’s	’s	PART
faba-11	480	18	return	return	NOUN
faba-11	480	19	will	will	AUX
faba-11	480	20	be	be	AUX
faba-11	480	21	volatile	volatile	ADJ
faba-11	480	22	whereas	whereas	SCONJ
faba-11	480	23	if	if	SCONJ
faba-11	480	24	today	today	NOUN
faba-11	480	25	’s	’s	PART
faba-11	480	26	return	return	NOUN
faba-11	480	27	is	be	AUX
faba-11	480	28	negative	negative	ADJ
faba-11	480	29	,	,	PUNCT
faba-11	480	30	the	the	DET
faba-11	480	31	next	next	ADJ
faba-11	480	32	trading	trading	NOUN
faba-11	480	33	day	day	NOUN
faba-11	480	34	will	will	AUX
faba-11	480	35	be	be	AUX
faba-11	480	36	most	most	ADV
faba-11	480	37	likely	likely	ADV
faba-11	480	38	be	be	AUX
faba-11	480	39	characterized	characterize	VERB
faba-11	480	40	by	by	ADP
faba-11	480	41	small	small	ADJ
faba-11	480	42	changes	change	NOUN
faba-11	480	43	in	in	ADP
faba-11	480	44	stock	stock	NOUN
faba-11	480	45	prices	price	NOUN
faba-11	480	46	.	.	PUNCT
faba-11	481	1	the	the	DET
faba-11	481	2	shock	shock	NOUN
faba-11	481	3	in	in	ADP
faba-11	481	4	past	past	ADJ
faba-11	481	5	returns	return	NOUN
faba-11	481	6	is	be	AUX
faba-11	481	7	the	the	DET
faba-11	481	8	variable	variable	NOUN
faba-11	481	9	that	that	PRON
faba-11	481	10	carries	carry	VERB
faba-11	481	11	the	the	DET
faba-11	481	12	most	most	ADJ
faba-11	481	13	weights	weight	NOUN
faba-11	481	14	in	in	ADP
faba-11	481	15	influencing	influence	VERB
faba-11	481	16	the	the	DET
faba-11	481	17	three	three	NUM
faba-11	481	18	markets	market	NOUN
faba-11	481	19	’	'	PUNCT
faba-11	481	20	volatility	volatility	NOUN
faba-11	481	21	of	of	ADP
faba-11	481	22	return	return	NOUN
faba-11	481	23	.	.	PUNCT
faba-11	482	1	singapore	singapore	PROPN
faba-11	482	2	stock	stock	NOUN
faba-11	482	3	returns	return	NOUN
faba-11	482	4	,	,	PUNCT
faba-11	482	5	in	in	ADP
faba-11	482	6	particular	particular	ADJ
faba-11	482	7	is	be	AUX
faba-11	482	8	the	the	DET
faba-11	482	9	one	one	NOUN
faba-11	482	10	that	that	PRON
faba-11	482	11	is	be	AUX
faba-11	482	12	most	most	ADV
faba-11	482	13	sensitive	sensitive	ADJ
faba-11	482	14	to	to	ADP
faba-11	482	15	its	its	PRON
faba-11	482	16	past	past	ADJ
faba-11	482	17	returns	return	NOUN
faba-11	482	18	since	since	SCONJ
faba-11	482	19	the	the	DET
faba-11	482	20	rate	rate	NOUN
faba-11	482	21	of	of	ADP
faba-11	482	22	decay	decay	NOUN
faba-11	482	23	is	be	AUX
faba-11	482	24	very	very	ADV
faba-11	482	25	slow	slow	ADJ
faba-11	482	26	and	and	CCONJ
faba-11	482	27	the	the	DET
faba-11	482	28	effect	effect	NOUN
faba-11	482	29	is	be	AUX
faba-11	482	30	likely	likely	ADJ
faba-11	482	31	to	to	PART
faba-11	482	32	persist	persist	VERB
faba-11	482	33	in	in	ADP
faba-11	482	34	longer	long	ADJ
faba-11	482	35	period	period	NOUN
faba-11	482	36	as	as	SCONJ
faba-11	482	37	compared	compare	VERB
faba-11	482	38	to	to	ADP
faba-11	482	39	the	the	DET
faba-11	482	40	other	other	ADJ
faba-11	482	41	two	two	NUM
faba-11	482	42	markets	market	NOUN
faba-11	482	43	.	.	PUNCT
faba-11	483	1	in	in	ADP
faba-11	483	2	other	other	ADJ
faba-11	483	3	words	word	NOUN
faba-11	483	4	,	,	PUNCT
faba-11	483	5	singapore	singapore	PROPN
faba-11	483	6	market	market	NOUN
faba-11	483	7	has	have	VERB
faba-11	483	8	the	the	DET
faba-11	483	9	highest	high	ADJ
faba-11	483	10	volatility	volatility	NOUN
faba-11	483	11	and	and	CCONJ
faba-11	483	12	persistence	persistence	NOUN
faba-11	483	13	than	than	ADP
faba-11	483	14	malaysia	malaysia	PROPN
faba-11	483	15	and	and	CCONJ
faba-11	483	16	indonesia	indonesia	PROPN
faba-11	483	17	.	.	PUNCT
faba-11	484	1	this	this	PRON
faba-11	484	2	is	be	AUX
faba-11	484	3	in	in	ADP
faba-11	484	4	contrary	contrary	ADJ
faba-11	484	5	to	to	ADP
faba-11	484	6	michelfelder	michelfelder	NOUN
faba-11	484	7	and	and	CCONJ
faba-11	484	8	pandya	pandya	PROPN
faba-11	484	9	(	(	PUNCT
faba-11	484	10	2005	2005	NUM
faba-11	484	11	)	)	PUNCT
faba-11	484	12	,	,	PUNCT
faba-11	484	13	which	which	PRON
faba-11	484	14	suggest	suggest	VERB
faba-11	484	15	that	that	SCONJ
faba-11	484	16	emerging	emerge	VERB
faba-11	484	17	markets	market	NOUN
faba-11	484	18	have	have	VERB
faba-11	484	19	higher	high	ADJ
faba-11	484	20	volatility	volatility	NOUN
faba-11	484	21	but	but	CCONJ
faba-11	484	22	lower	low	ADJ
faba-11	484	23	persistence	persistence	NOUN
faba-11	484	24	of	of	ADP
faba-11	484	25	shocks	shock	NOUN
faba-11	484	26	as	as	ADP
faba-11	484	27	compared	compare	VERB
faba-11	484	28	to	to	ADP
faba-11	484	29	the	the	DET
faba-11	484	30	more	more	ADV
faba-11	484	31	mature	mature	ADJ
faba-11	484	32	markets	market	NOUN
faba-11	484	33	.	.	PUNCT
faba-11	485	1	the	the	DET
faba-11	485	2	lagged	lag	VERB
faba-11	485	3	variance	variance	NOUN
faba-11	485	4	(	(	PUNCT
faba-11	485	5	representing	represent	VERB
faba-11	485	6	adjustment	adjustment	NOUN
faba-11	485	7	to	to	ADP
faba-11	485	8	past	past	ADJ
faba-11	485	9	volatility	volatility	NOUN
faba-11	485	10	)	)	PUNCT
faba-11	485	11	is	be	AUX
faba-11	485	12	also	also	ADV
faba-11	485	13	found	find	VERB
faba-11	485	14	to	to	PART
faba-11	485	15	be	be	AUX
faba-11	485	16	significant	significant	ADJ
faba-11	485	17	in	in	ADP
faba-11	485	18	all	all	DET
faba-11	485	19	three	three	NUM
faba-11	485	20	countries	country	NOUN
faba-11	485	21	.	.	PUNCT
faba-11	486	1	however	however	ADV
faba-11	486	2	,	,	PUNCT
faba-11	486	3	the	the	DET
faba-11	486	4	lagged	lag	VERB
faba-11	486	5	variances	variance	NOUN
faba-11	486	6	are	be	AUX
faba-11	486	7	less	less	ADV
faba-11	486	8	influential	influential	ADJ
faba-11	486	9	as	as	SCONJ
faba-11	486	10	compared	compare	VERB
faba-11	486	11	to	to	ADP
faba-11	486	12	the	the	DET
faba-11	486	13	squared	square	VERB
faba-11	486	14	return	return	NOUN
faba-11	486	15	in	in	ADP
faba-11	486	16	explaining	explain	VERB
faba-11	486	17	the	the	DET
faba-11	486	18	return	return	NOUN
faba-11	486	19	volatility	volatility	NOUN
faba-11	486	20	.	.	PUNCT
faba-11	487	1	this	this	PRON
faba-11	487	2	implies	imply	VERB
faba-11	487	3	that	that	SCONJ
faba-11	487	4	the	the	DET
faba-11	487	5	current	current	ADJ
faba-11	487	6	volatility	volatility	NOUN
faba-11	487	7	of	of	ADP
faba-11	487	8	return	return	NOUN
faba-11	487	9	is	be	AUX
faba-11	487	10	influenced	influence	VERB
faba-11	487	11	by	by	ADP
faba-11	487	12	the	the	DET
faba-11	487	13	past	past	ADJ
faba-11	487	14	volatility	volatility	NOUN
faba-11	487	15	.	.	PUNCT
faba-11	488	1	for	for	ADP
faba-11	488	2	the	the	DET
faba-11	488	3	matter	matter	NOUN
faba-11	488	4	of	of	ADP
faba-11	488	5	forecasting	forecasting	NOUN
faba-11	488	6	,	,	PUNCT
faba-11	488	7	if	if	SCONJ
faba-11	488	8	today	today	NOUN
faba-11	488	9	’s	’s	PART
faba-11	488	10	volatility	volatility	NOUN
faba-11	488	11	increases	increase	NOUN
faba-11	488	12	,	,	PUNCT
faba-11	488	13	the	the	DET
faba-11	488	14	future	future	ADJ
faba-11	488	15	volatility	volatility	NOUN
faba-11	488	16	is	be	AUX
faba-11	488	17	more	more	ADV
faba-11	488	18	likely	likely	ADJ
faba-11	488	19	to	to	PART
faba-11	488	20	slightly	slightly	ADV
faba-11	488	21	increase	increase	VERB
faba-11	488	22	as	as	ADV
faba-11	488	23	well	well	ADV
faba-11	488	24	.	.	PUNCT
faba-11	489	1	in	in	ADP
faba-11	489	2	terms	term	NOUN
faba-11	489	3	of	of	ADP
faba-11	489	4	decay	decay	NOUN
faba-11	489	5	effect	effect	NOUN
faba-11	489	6	,	,	PUNCT
faba-11	489	7	all	all	PRON
faba-11	489	8	of	of	ADP
faba-11	489	9	the	the	DET
faba-11	489	10	stock	stock	NOUN
faba-11	489	11	market	market	NOUN
faba-11	489	12	returns	return	NOUN
faba-11	489	13	volatility	volatility	NOUN
faba-11	489	14	dissipates	dissipates	AUX
faba-11	489	15	only	only	ADV
faba-11	489	16	slowly	slowly	ADV
faba-11	489	17	going	go	VERB
faba-11	489	18	into	into	ADP
faba-11	489	19	the	the	DET
faba-11	489	20	future	future	NOUN
faba-11	489	21	.	.	PUNCT
faba-11	490	1	any	any	DET
faba-11	490	2	momentum	momentum	NOUN
faba-11	490	3	created	create	VERB
faba-11	490	4	by	by	ADP
faba-11	490	5	shocks	shock	NOUN
faba-11	490	6	in	in	ADP
faba-11	490	7	today	today	NOUN
faba-11	490	8	’s	’s	PART
faba-11	490	9	rate	rate	NOUN
faba-11	490	10	today	today	NOUN
faba-11	490	11	is	be	AUX
faba-11	490	12	likely	likely	ADJ
faba-11	490	13	to	to	PART
faba-11	490	14	continue	continue	VERB
faba-11	490	15	going	go	VERB
faba-11	490	16	into	into	ADP
faba-11	490	17	the	the	DET
faba-11	490	18	far	far	ADJ
faba-11	490	19	future	future	NOUN
faba-11	490	20	especially	especially	ADV
faba-11	490	21	in	in	ADP
faba-11	490	22	singapore	singapore	PROPN
faba-11	490	23	.	.	PUNCT
faba-11	491	1	this	this	PRON
faba-11	491	2	carries	carry	VERB
faba-11	491	3	significant	significant	ADJ
faba-11	491	4	impact	impact	NOUN
faba-11	491	5	especially	especially	ADV
faba-11	491	6	in	in	ADP
faba-11	491	7	knowing	know	VERB
faba-11	491	8	to	to	ADP
faba-11	491	9	what	what	DET
faba-11	491	10	extent	extent	NOUN
faba-11	491	11	does	do	AUX
faba-11	491	12	the	the	DET
faba-11	491	13	momentum	momentum	NOUN
faba-11	491	14	created	create	VERB
faba-11	491	15	by	by	ADP
faba-11	491	16	a	a	DET
faba-11	491	17	shock	shock	NOUN
faba-11	491	18	,	,	PUNCT
faba-11	491	19	say	say	INTJ
faba-11	491	20	,	,	PUNCT
faba-11	491	21	a	a	DET
faba-11	491	22	financial	financial	ADJ
faba-11	491	23	crisis	crisis	NOUN
faba-11	491	24	or	or	CCONJ
faba-11	491	25	major	major	ADJ
faba-11	491	26	macroeconomic	macroeconomic	ADJ
faba-11	491	27	event	event	NOUN
faba-11	491	28	will	will	AUX
faba-11	491	29	pose	pose	VERB
faba-11	491	30	onto	onto	ADP
faba-11	491	31	the	the	DET
faba-11	491	32	stock	stock	NOUN
faba-11	491	33	market	market	NOUN
faba-11	491	34	’s	’s	PART
faba-11	491	35	performance	performance	NOUN
faba-11	491	36	in	in	ADP
faba-11	491	37	the	the	DET
faba-11	491	38	countries	country	NOUN
faba-11	491	39	.	.	PUNCT
faba-11	492	1	for	for	ADP
faba-11	492	2	singapore	singapore	PROPN
faba-11	492	3	in	in	ADP
faba-11	492	4	particular	particular	ADJ
faba-11	492	5	,	,	PUNCT
faba-11	492	6	the	the	DET
faba-11	492	7	trend	trend	NOUN
faba-11	492	8	will	will	AUX
faba-11	492	9	be	be	AUX
faba-11	492	10	likely	likely	ADJ
faba-11	492	11	to	to	PART
faba-11	492	12	persist	persist	VERB
faba-11	492	13	for	for	ADP
faba-11	492	14	a	a	DET
faba-11	492	15	longer	long	ADJ
faba-11	492	16	time	time	NOUN
faba-11	492	17	as	as	SCONJ
faba-11	492	18	compared	compare	VERB
faba-11	492	19	to	to	ADP
faba-11	492	20	indonesia	indonesia	PROPN
faba-11	492	21	and	and	CCONJ
faba-11	492	22	malaysia	malaysia	PROPN
faba-11	492	23	.	.	PUNCT
faba-11	493	1	the	the	DET
faba-11	493	2	good	good	ADJ
faba-11	493	3	implication	implication	NOUN
faba-11	493	4	about	about	ADP
faba-11	493	5	this	this	DET
faba-11	493	6	observation	observation	NOUN
faba-11	493	7	is	be	AUX
faba-11	493	8	that	that	SCONJ
faba-11	493	9	any	any	DET
faba-11	493	10	large	large	ADJ
faba-11	493	11	price	price	NOUN
faba-11	493	12	increase	increase	NOUN
faba-11	493	13	will	will	AUX
faba-11	493	14	bring	bring	VERB
faba-11	493	15	about	about	ADP
faba-11	493	16	larger	large	ADJ
faba-11	493	17	swing	swing	NOUN
faba-11	493	18	in	in	ADP
faba-11	493	19	the	the	DET
faba-11	493	20	future	future	NOUN
faba-11	493	21	;	;	PUNCT
faba-11	493	22	which	which	PRON
faba-11	493	23	amplifies	amplify	VERB
faba-11	493	24	profitability	profitability	NOUN
faba-11	493	25	,	,	PUNCT
faba-11	493	26	but	but	CCONJ
faba-11	493	27	so	so	ADV
faba-11	493	28	does	do	VERB
faba-11	493	29	large	large	ADJ
faba-11	493	30	price	price	NOUN
faba-11	493	31	falls	fall	NOUN
faba-11	493	32	;	;	PUNCT
faba-11	493	33	which	which	PRON
faba-11	493	34	can	can	AUX
faba-11	493	35	amplify	amplify	VERB
faba-11	493	36	losses	loss	NOUN
faba-11	493	37	.	.	PUNCT
faba-11	494	1	therefore	therefore	ADV
faba-11	494	2	,	,	PUNCT
faba-11	494	3	even	even	ADV
faba-11	494	4	though	though	SCONJ
faba-11	494	5	it	it	PRON
faba-11	494	6	is	be	AUX
faba-11	494	7	more	more	ADV
faba-11	494	8	risky	risky	ADJ
faba-11	494	9	to	to	PART
faba-11	494	10	invest	invest	VERB
faba-11	494	11	in	in	ADP
faba-11	494	12	the	the	DET
faba-11	494	13	singaporean	singaporean	ADJ
faba-11	494	14	market	market	NOUN
faba-11	494	15	as	as	SCONJ
faba-11	494	16	compared	compare	VERB
faba-11	494	17	to	to	ADP
faba-11	494	18	malaysia	malaysia	PROPN
faba-11	494	19	and	and	CCONJ
faba-11	494	20	indonesia	indonesia	PROPN
faba-11	494	21	,	,	PUNCT
faba-11	494	22	the	the	DET
faba-11	494	23	incentive	incentive	NOUN
faba-11	494	24	from	from	ADP
faba-11	494	25	assuming	assume	VERB
faba-11	494	26	the	the	DET
faba-11	494	27	added	add	VERB
faba-11	494	28	risks	risk	NOUN
faba-11	494	29	may	may	AUX
faba-11	494	30	also	also	ADV
faba-11	494	31	be	be	AUX
faba-11	494	32	handsomely	handsomely	ADV
faba-11	494	33	rewarding	rewarding	ADJ
faba-11	494	34	.	.	PUNCT
faba-11	495	1	in	in	ADP
faba-11	495	2	addition	addition	NOUN
faba-11	495	3	to	to	ADP
faba-11	495	4	that	that	PRON
faba-11	495	5	,	,	PUNCT
faba-11	495	6	the	the	DET
faba-11	495	7	volatility	volatility	NOUN
faba-11	495	8	of	of	ADP
faba-11	495	9	stock	stock	NOUN
faba-11	495	10	market	market	NOUN
faba-11	495	11	returns	return	NOUN
faba-11	495	12	in	in	ADP
faba-11	495	13	all	all	DET
faba-11	495	14	three	three	NUM
faba-11	495	15	markets	market	NOUN
faba-11	495	16	tends	tend	VERB
faba-11	495	17	to	to	PART
faba-11	495	18	adjust	adjust	VERB
faba-11	495	19	to	to	ADP
faba-11	495	20	past	past	ADJ
faba-11	495	21	volatility	volatility	NOUN
faba-11	495	22	in	in	ADP
faba-11	495	23	moderate	moderate	ADJ
faba-11	495	24	pace	pace	NOUN
faba-11	495	25	.	.	PUNCT
faba-11	496	1	this	this	PRON
faba-11	496	2	means	mean	VERB
faba-11	496	3	that	that	SCONJ
faba-11	496	4	past	past	ADJ
faba-11	496	5	variances	variance	NOUN
faba-11	496	6	are	be	AUX
faba-11	496	7	moderately	moderately	ADV
faba-11	496	8	factored	factor	VERB
faba-11	496	9	into	into	ADP
faba-11	496	10	the	the	DET
faba-11	496	11	return	return	NOUN
faba-11	496	12	volatility	volatility	NOUN
faba-11	496	13	and	and	CCONJ
faba-11	496	14	the	the	DET
faba-11	496	15	effect	effect	NOUN
faba-11	496	16	will	will	AUX
faba-11	496	17	die	die	VERB
faba-11	496	18	in	in	ADP
faba-11	496	19	a	a	DET
faba-11	496	20	short	short	ADJ
faba-11	496	21	time	time	NOUN
faba-11	496	22	.	.	PUNCT
faba-11	497	1	in	in	ADP
faba-11	497	2	overall	overall	ADV
faba-11	497	3	,	,	PUNCT
faba-11	497	4	these	these	DET
faba-11	497	5	results	result	NOUN
faba-11	497	6	are	be	AUX
faba-11	497	7	in	in	ADP
faba-11	497	8	accordance	accordance	NOUN
faba-11	497	9	to	to	ADP
faba-11	497	10	those	those	PRON
faba-11	497	11	found	find	VERB
faba-11	497	12	by	by	ADP
faba-11	497	13	pisedtasalasai	pisedtasalasai	NOUN
faba-11	497	14	and	and	CCONJ
faba-11	497	15	gunasekarage	gunasekarage	NOUN
faba-11	497	16	(	(	PUNCT
faba-11	497	17	2007	2007	NUM
faba-11	497	18	)	)	PUNCT
faba-11	497	19	who	who	PRON
faba-11	497	20	studied	study	VERB
faba-11	497	21	the	the	DET
faba-11	497	22	same	same	ADJ
faba-11	497	23	markets	market	NOUN
faba-11	497	24	and	and	CCONJ
faba-11	497	25	found	find	VERB
faba-11	497	26	that	that	SCONJ
faba-11	497	27	the	the	DET
faba-11	497	28	volume	volume	NOUN
faba-11	497	29	in	in	ADP
faba-11	497	30	some	some	DET
faba-11	497	31	markets	market	NOUN
faba-11	497	32	contain	contain	VERB
faba-11	497	33	information	information	NOUN
faba-11	497	34	that	that	PRON
faba-11	497	35	is	be	AUX
faba-11	497	36	useful	useful	ADJ
faba-11	497	37	in	in	ADP
faba-11	497	38	predicting	predict	VERB
faba-11	497	39	future	future	ADJ
faba-11	497	40	dynamics	dynamic	NOUN
faba-11	497	41	of	of	ADP
faba-11	497	42	return	return	NOUN
faba-11	497	43	volatility	volatility	NOUN
faba-11	497	44	.	.	PUNCT
faba-11	498	1	the	the	DET
faba-11	498	2	same	same	ADJ
faba-11	498	3	view	view	NOUN
faba-11	498	4	is	be	AUX
faba-11	498	5	shared	share	VERB
faba-11	498	6	by	by	ADP
faba-11	498	7	ahmed	ahmed	PROPN
faba-11	498	8	et	et	PROPN
faba-11	498	9	al	al	PROPN
faba-11	498	10	.	.	PROPN
faba-11	499	1	(	(	PUNCT
faba-11	499	2	2005	2005	NUM
faba-11	499	3	)	)	PUNCT
faba-11	499	4	who	who	PRON
faba-11	499	5	concluded	conclude	VERB
faba-11	499	6	that	that	SCONJ
faba-11	499	7	the	the	DET
faba-11	499	8	current	current	ADJ
faba-11	499	9	volatility	volatility	NOUN
faba-11	499	10	in	in	ADP
faba-11	499	11	southeast	southeast	ADJ
faba-11	499	12	asian	asian	ADJ
faba-11	499	13	stock	stock	NOUN
faba-11	499	14	market	market	NOUN
faba-11	499	15	could	could	AUX
faba-11	499	16	be	be	AUX
faba-11	499	17	explained	explain	VERB
faba-11	499	18	by	by	ADP
faba-11	499	19	past	past	ADJ
faba-11	499	20	volatility	volatility	NOUN
faba-11	499	21	that	that	PRON
faba-11	499	22	tends	tend	VERB
faba-11	499	23	to	to	PART
faba-11	499	24	persist	persist	VERB
faba-11	499	25	over	over	ADP
faba-11	499	26	time	time	NOUN
faba-11	499	27	.	.	PUNCT
faba-11	500	1	other	other	ADJ
faba-11	500	2	earlier	early	ADJ
faba-11	500	3	studies	study	NOUN
faba-11	500	4	by	by	ADP
faba-11	500	5	najand	najand	NOUN
faba-11	500	6	and	and	CCONJ
faba-11	500	7	yung	yung	PROPN
faba-11	500	8	(	(	PUNCT
faba-11	500	9	1991	1991	NUM
faba-11	500	10	)	)	PUNCT
faba-11	500	11	,	,	PUNCT
faba-11	500	12	foster	foster	ADJ
faba-11	500	13	(	(	PUNCT
faba-11	500	14	1995	1995	NUM
faba-11	500	15	)	)	PUNCT
faba-11	500	16	,	,	PUNCT
faba-11	500	17	and	and	CCONJ
faba-11	500	18	huang	huang	PROPN
faba-11	500	19	and	and	CCONJ
faba-11	500	20	yang	yang	PROPN
faba-11	500	21	(	(	PUNCT
faba-11	500	22	2001	2001	NUM
faba-11	500	23	)	)	PUNCT
faba-11	500	24	also	also	ADV
faba-11	500	25	reside	reside	VERB
faba-11	500	26	behind	behind	ADP
faba-11	500	27	the	the	DET
faba-11	500	28	same	same	ADJ
faba-11	500	29	view	view	NOUN
faba-11	500	30	.	.	PUNCT
faba-11	501	1	objective	objective	ADJ
faba-11	501	2	number	number	NOUN
faba-11	501	3	four	four	NUM
faba-11	501	4	is	be	AUX
faba-11	501	5	dedicated	dedicate	VERB
faba-11	501	6	to	to	PART
faba-11	501	7	investigate	investigate	VERB
faba-11	501	8	any	any	DET
faba-11	501	9	cross	cross	ADJ
faba-11	501	10	-	-	ADJ
faba-11	501	11	market	market	ADJ
faba-11	501	12	interaction	interaction	NOUN
faba-11	501	13	between	between	ADP
faba-11	501	14	trading	trading	NOUN
faba-11	501	15	volume	volume	NOUN
faba-11	501	16	and	and	CCONJ
faba-11	501	17	stock	stock	NOUN
faba-11	501	18	returns	return	NOUN
faba-11	501	19	,	,	PUNCT
faba-11	501	20	and	and	CCONJ
faba-11	501	21	between	between	ADP
faba-11	501	22	trading	trading	NOUN
faba-11	501	23	volume	volume	NOUN
faba-11	501	24	and	and	CCONJ
faba-11	501	25	return	return	VERB
faba-11	501	26	volatility	volatility	NOUN
faba-11	501	27	in	in	ADP
faba-11	501	28	the	the	DET
faba-11	501	29	region	region	NOUN
faba-11	501	30	.	.	PUNCT
faba-11	502	1	this	this	DET
faba-11	502	2	objective	objective	NOUN
faba-11	502	3	is	be	AUX
faba-11	502	4	realized	realize	VERB
faba-11	502	5	with	with	ADP
faba-11	502	6	the	the	DET
faba-11	502	7	aid	aid	NOUN
faba-11	502	8	of	of	ADP
faba-11	502	9	the	the	DET
faba-11	502	10	pairwise	pairwise	NOUN
faba-11	502	11	granger	granger	NOUN
faba-11	502	12	causality	causality	PROPN
faba-11	502	13	test	test	NOUN
faba-11	502	14	.	.	PUNCT
faba-11	503	1	between	between	ADP
faba-11	503	2	one	one	NUM
faba-11	503	3	market	market	NOUN
faba-11	503	4	stock	stock	NOUN
faba-11	503	5	returns	return	NOUN
faba-11	503	6	and	and	CCONJ
faba-11	503	7	trading	trading	NOUN
faba-11	503	8	volumes	volume	NOUN
faba-11	503	9	in	in	ADP
faba-11	503	10	another	another	PRON
faba-11	503	11	,	,	PUNCT
faba-11	503	12	the	the	DET
faba-11	503	13	results	result	NOUN
faba-11	503	14	revealed	reveal	VERB
faba-11	503	15	that	that	SCONJ
faba-11	503	16	not	not	PART
faba-11	503	17	much	much	ADJ
faba-11	503	18	significant	significant	ADJ
faba-11	503	19	relationship	relationship	NOUN
faba-11	503	20	is	be	AUX
faba-11	503	21	going	go	VERB
faba-11	503	22	on	on	ADP
faba-11	503	23	between	between	ADP
faba-11	503	24	the	the	DET
faba-11	503	25	three	three	NUM
faba-11	503	26	countries	country	NOUN
faba-11	503	27	.	.	PUNCT
faba-11	504	1	only	only	ADV
faba-11	504	2	two	two	NUM
faba-11	504	3	pairs	pair	NOUN
faba-11	504	4	of	of	ADP
faba-11	504	5	variables	variable	NOUN
faba-11	504	6	are	be	AUX
faba-11	504	7	significant	significant	ADJ
faba-11	504	8	,	,	PUNCT
faba-11	504	9	which	which	PRON
faba-11	504	10	are	be	AUX
faba-11	504	11	:	:	PUNCT
faba-11	504	12	singapore	singapore	PROPN
faba-11	504	13	’s	’s	PART
faba-11	504	14	trading	trading	NOUN
faba-11	504	15	volumes	volume	NOUN
faba-11	504	16	onto	onto	ADP
faba-11	504	17	malaysian	malaysian	ADJ
faba-11	504	18	stock	stock	NOUN
faba-11	504	19	returns	return	NOUN
faba-11	504	20	,	,	PUNCT
faba-11	504	21	and	and	CCONJ
faba-11	504	22	indonesia	indonesia	PROPN
faba-11	504	23	’s	’s	PART
faba-11	504	24	trading	trading	NOUN
faba-11	504	25	volumes	volume	NOUN
faba-11	504	26	onto	onto	ADP
faba-11	504	27	singapore	singapore	PROPN
faba-11	504	28	’s	’s	PART
faba-11	504	29	returns	return	NOUN
faba-11	504	30	.	.	PUNCT
faba-11	505	1	the	the	DET
faba-11	505	2	rest	rest	NOUN
faba-11	505	3	of	of	ADP
faba-11	505	4	the	the	DET
faba-11	505	5	pairs	pair	NOUN
faba-11	505	6	are	be	AUX
faba-11	505	7	recorded	record	VERB
faba-11	505	8	insignificant	insignificant	ADJ
faba-11	505	9	results	result	NOUN
faba-11	505	10	.	.	PUNCT
faba-11	506	1	the	the	DET
faba-11	506	2	findings	finding	NOUN
faba-11	506	3	suggest	suggest	VERB
faba-11	506	4	that	that	SCONJ
faba-11	506	5	there	there	PRON
faba-11	506	6	exist	exist	VERB
faba-11	506	7	some	some	DET
faba-11	506	8	explanatory	explanatory	ADJ
faba-11	506	9	power	power	NOUN
faba-11	506	10	in	in	ADP
faba-11	506	11	trading	trading	NOUN
faba-11	506	12	volumes	volume	NOUN
faba-11	506	13	of	of	ADP
faba-11	506	14	m.r	m.r	PROPN
faba-11	506	15	.	.	PROPN
faba-11	506	16	miseman	miseman	PROPN
faba-11	506	17	et	et	PROPN
faba-11	506	18	al	al	PROPN
faba-11	506	19	.	.	PUNCT
faba-11	506	20	/	/	SYM
faba-11	506	21	finance	finance	NOUN
faba-11	506	22	,	,	PUNCT
faba-11	506	23	accounting	accounting	NOUN
faba-11	506	24	and	and	CCONJ
faba-11	506	25	business	business	NOUN
faba-11	506	26	analisys	analisys	PROPN
faba-11	506	27	18	18	NUM
faba-11	506	28	singapore	singapore	PROPN
faba-11	506	29	and	and	CCONJ
faba-11	506	30	indonesia	indonesia	PROPN
faba-11	506	31	in	in	ADP
faba-11	506	32	affecting	affect	VERB
faba-11	506	33	the	the	DET
faba-11	506	34	return	return	NOUN
faba-11	506	35	in	in	ADP
faba-11	506	36	another	another	DET
faba-11	506	37	market	market	NOUN
faba-11	506	38	.	.	PUNCT
faba-11	507	1	this	this	DET
faba-11	507	2	finding	finding	NOUN
faba-11	507	3	also	also	ADV
faba-11	507	4	lend	lend	VERB
faba-11	507	5	support	support	NOUN
faba-11	507	6	to	to	ADP
faba-11	507	7	the	the	DET
faba-11	507	8	contagion	contagion	NOUN
faba-11	507	9	effect	effect	NOUN
faba-11	507	10	theory	theory	NOUN
faba-11	507	11	proposed	propose	VERB
faba-11	507	12	by	by	ADP
faba-11	507	13	king	king	NOUN
faba-11	507	14	and	and	CCONJ
faba-11	507	15	wadhani	wadhani	NOUN
faba-11	507	16	(	(	PUNCT
faba-11	507	17	1990	1990	NUM
faba-11	507	18	)	)	PUNCT
faba-11	507	19	in	in	ADP
faba-11	507	20	which	which	PRON
faba-11	507	21	traders	trader	NOUN
faba-11	507	22	draw	draw	VERB
faba-11	507	23	inferences	inference	NOUN
faba-11	507	24	by	by	ADP
faba-11	507	25	observing	observe	VERB
faba-11	507	26	variables	variable	NOUN
faba-11	507	27	from	from	ADP
faba-11	507	28	another	another	DET
faba-11	507	29	stock	stock	NOUN
faba-11	507	30	market	market	NOUN
faba-11	507	31	,	,	PUNCT
faba-11	507	32	leading	lead	VERB
faba-11	507	33	the	the	DET
faba-11	507	34	variables	variable	NOUN
faba-11	507	35	to	to	PART
faba-11	507	36	link	link	VERB
faba-11	507	37	up	up	ADP
faba-11	507	38	to	to	ADP
faba-11	507	39	some	some	DET
faba-11	507	40	extent	extent	NOUN
faba-11	507	41	.	.	PUNCT
faba-11	508	1	in	in	ADP
faba-11	508	2	terms	term	NOUN
faba-11	508	3	of	of	ADP
faba-11	508	4	inter	inter	ADJ
faba-11	508	5	-	-	ADJ
faba-11	508	6	market	market	ADJ
faba-11	508	7	relationships	relationship	NOUN
faba-11	508	8	between	between	ADP
faba-11	508	9	volumes	volume	NOUN
faba-11	508	10	in	in	ADP
faba-11	508	11	two	two	NUM
faba-11	508	12	different	different	ADJ
faba-11	508	13	markets	market	NOUN
faba-11	508	14	,	,	PUNCT
faba-11	508	15	there	there	PRON
faba-11	508	16	seems	seem	VERB
faba-11	508	17	to	to	PART
faba-11	508	18	be	be	AUX
faba-11	508	19	more	more	ADV
faba-11	508	20	positive	positive	ADJ
faba-11	508	21	results	result	NOUN
faba-11	508	22	.	.	PUNCT
faba-11	509	1	bidirectional	bidirectional	ADJ
faba-11	509	2	causality	causality	NOUN
faba-11	509	3	relationships	relationship	NOUN
faba-11	509	4	exist	exist	VERB
faba-11	509	5	between	between	ADP
faba-11	509	6	singapore	singapore	PROPN
faba-11	509	7	and	and	CCONJ
faba-11	509	8	malaysian	malaysian	ADJ
faba-11	509	9	trading	trading	NOUN
faba-11	509	10	volumes	volume	NOUN
faba-11	509	11	,	,	PUNCT
faba-11	509	12	as	as	ADV
faba-11	509	13	well	well	ADV
faba-11	509	14	as	as	ADP
faba-11	509	15	between	between	ADP
faba-11	509	16	singapore	singapore	PROPN
faba-11	509	17	and	and	CCONJ
faba-11	509	18	indonesian	indonesian	ADJ
faba-11	509	19	trading	trading	NOUN
faba-11	509	20	volumes	volume	NOUN
faba-11	509	21	.	.	PUNCT
faba-11	510	1	the	the	DET
faba-11	510	2	malaysian	malaysian	ADJ
faba-11	510	3	and	and	CCONJ
faba-11	510	4	indonesian	indonesian	ADJ
faba-11	510	5	trading	trading	NOUN
faba-11	510	6	volume	volume	NOUN
faba-11	510	7	,	,	PUNCT
faba-11	510	8	on	on	ADP
faba-11	510	9	the	the	DET
faba-11	510	10	other	other	ADJ
faba-11	510	11	hand	hand	NOUN
faba-11	510	12	,	,	PUNCT
faba-11	510	13	failed	fail	VERB
faba-11	510	14	to	to	PART
faba-11	510	15	register	register	VERB
faba-11	510	16	any	any	DET
faba-11	510	17	significant	significant	ADJ
faba-11	510	18	result	result	NOUN
faba-11	510	19	.	.	PUNCT
faba-11	511	1	this	this	DET
faba-11	511	2	finding	finding	NOUN
faba-11	511	3	suggests	suggest	VERB
faba-11	511	4	a	a	DET
faba-11	511	5	strong	strong	ADJ
faba-11	511	6	association	association	NOUN
faba-11	511	7	stemming	stem	VERB
faba-11	511	8	from	from	ADP
faba-11	511	9	singapore	singapore	PROPN
faba-11	511	10	to	to	ADP
faba-11	511	11	the	the	DET
faba-11	511	12	other	other	ADJ
faba-11	511	13	two	two	NUM
faba-11	511	14	markets	market	NOUN
faba-11	511	15	where	where	SCONJ
faba-11	511	16	volumes	volume	NOUN
faba-11	511	17	in	in	ADP
faba-11	511	18	singapore	singapore	PROPN
faba-11	511	19	tend	tend	VERB
faba-11	511	20	to	to	PART
faba-11	511	21	grangercause	grangercause	VERB
faba-11	511	22	those	those	PRON
faba-11	511	23	of	of	ADP
faba-11	511	24	malaysia	malaysia	PROPN
faba-11	511	25	and	and	CCONJ
faba-11	511	26	indonesia	indonesia	PROPN
faba-11	511	27	.	.	PUNCT
faba-11	512	1	all	all	ADV
faba-11	512	2	in	in	ADP
faba-11	512	3	all	all	PRON
faba-11	512	4	,	,	PUNCT
faba-11	512	5	the	the	DET
faba-11	512	6	null	null	ADJ
faba-11	512	7	hypothesis	hypothesis	NOUN
faba-11	512	8	number	number	NOUN
faba-11	512	9	4	4	NUM
faba-11	512	10	is	be	AUX
faba-11	512	11	also	also	ADV
faba-11	512	12	successfully	successfully	ADV
faba-11	512	13	rejected	reject	VERB
faba-11	512	14	.	.	PUNCT
faba-11	513	1	as	as	ADP
faba-11	513	2	the	the	DET
faba-11	513	3	implication	implication	NOUN
faba-11	513	4	,	,	PUNCT
faba-11	513	5	traders	trader	NOUN
faba-11	513	6	may	may	AUX
faba-11	513	7	aim	aim	VERB
faba-11	513	8	to	to	PART
faba-11	513	9	look	look	VERB
faba-11	513	10	at	at	ADP
faba-11	513	11	the	the	DET
faba-11	513	12	singapore	singapore	PROPN
faba-11	513	13	’s	’s	PART
faba-11	513	14	volume	volume	NOUN
faba-11	513	15	movements	movement	NOUN
faba-11	513	16	and	and	CCONJ
faba-11	513	17	use	use	VERB
faba-11	513	18	it	it	PRON
faba-11	513	19	to	to	PART
faba-11	513	20	infer	infer	VERB
faba-11	513	21	a	a	DET
faba-11	513	22	prediction	prediction	NOUN
faba-11	513	23	into	into	ADP
faba-11	513	24	the	the	DET
faba-11	513	25	other	other	ADJ
faba-11	513	26	two	two	NUM
faba-11	513	27	markets	market	NOUN
faba-11	513	28	.	.	PUNCT
faba-11	514	1	looking	look	VERB
faba-11	514	2	on	on	ADP
faba-11	514	3	the	the	DET
faba-11	514	4	theoretical	theoretical	ADJ
faba-11	514	5	aspect	aspect	NOUN
faba-11	514	6	,	,	PUNCT
faba-11	514	7	this	this	DET
faba-11	514	8	finding	finding	NOUN
faba-11	514	9	is	be	AUX
faba-11	514	10	also	also	ADV
faba-11	514	11	supporting	support	VERB
faba-11	514	12	king	king	NOUN
faba-11	514	13	and	and	CCONJ
faba-11	514	14	wadhani	wadhani	PROPN
faba-11	514	15	’s	’s	PART
faba-11	514	16	contagion	contagion	NOUN
faba-11	514	17	theory	theory	NOUN
faba-11	514	18	mentioned	mention	VERB
faba-11	514	19	earlier	early	ADV
faba-11	514	20	.	.	PUNCT
faba-11	515	1	more	more	ADV
faba-11	515	2	interesting	interesting	ADJ
faba-11	515	3	results	result	NOUN
faba-11	515	4	are	be	AUX
faba-11	515	5	obtained	obtain	VERB
faba-11	515	6	from	from	ADP
faba-11	515	7	the	the	DET
faba-11	515	8	pairs	pair	NOUN
faba-11	515	9	of	of	ADP
faba-11	515	10	inter	inter	ADJ
faba-11	515	11	-	-	ADJ
faba-11	515	12	market	market	ADJ
faba-11	515	13	returns	return	NOUN
faba-11	515	14	.	.	PUNCT
faba-11	516	1	in	in	ADP
faba-11	516	2	contrary	contrary	ADJ
faba-11	516	3	to	to	ADP
faba-11	516	4	the	the	DET
faba-11	516	5	results	result	NOUN
faba-11	516	6	found	find	VERB
faba-11	516	7	by	by	ADP
faba-11	516	8	mitchelfelder	mitchelfelder	NOUN
faba-11	516	9	and	and	CCONJ
faba-11	516	10	pandya	pandya	PROPN
faba-11	516	11	(	(	PUNCT
faba-11	516	12	2005	2005	NUM
faba-11	516	13	)	)	PUNCT
faba-11	516	14	who	who	PRON
faba-11	516	15	posit	posit	VERB
faba-11	516	16	that	that	SCONJ
faba-11	516	17	developing	develop	VERB
faba-11	516	18	countries	country	NOUN
faba-11	516	19	’	'	PUNCT
faba-11	516	20	stock	stock	NOUN
faba-11	516	21	returns	return	NOUN
faba-11	516	22	are	be	AUX
faba-11	516	23	not	not	PART
faba-11	516	24	linked	link	VERB
faba-11	516	25	to	to	ADP
faba-11	516	26	one	one	NUM
faba-11	516	27	another	another	DET
faba-11	516	28	,	,	PUNCT
faba-11	516	29	this	this	DET
faba-11	516	30	study	study	NOUN
faba-11	516	31	had	have	AUX
faba-11	516	32	proved	prove	VERB
faba-11	516	33	otherwise	otherwise	ADV
faba-11	516	34	.	.	PUNCT
faba-11	517	1	the	the	DET
faba-11	517	2	singapore	singapore	PROPN
faba-11	517	3	market	market	NOUN
faba-11	517	4	return	return	NOUN
faba-11	517	5	is	be	AUX
faba-11	517	6	associated	associate	VERB
faba-11	517	7	bi	bi	NOUN
faba-11	517	8	-	-	ADJ
faba-11	517	9	directionally	directionally	ADV
faba-11	517	10	to	to	ADP
faba-11	517	11	malaysian	malaysian	ADJ
faba-11	517	12	return	return	NOUN
faba-11	517	13	,	,	PUNCT
faba-11	517	14	and	and	CCONJ
faba-11	517	15	uni	uni	PROPN
faba-11	517	16	-	-	PUNCT
faba-11	517	17	directionally	directionally	ADV
faba-11	517	18	to	to	ADP
faba-11	517	19	indonesian	indonesian	ADJ
faba-11	517	20	return	return	NOUN
faba-11	517	21	.	.	PUNCT
faba-11	518	1	again	again	ADV
faba-11	518	2	,	,	PUNCT
faba-11	518	3	this	this	PRON
faba-11	518	4	suggests	suggest	VERB
faba-11	518	5	a	a	DET
faba-11	518	6	strong	strong	ADJ
faba-11	518	7	association	association	NOUN
faba-11	518	8	between	between	ADP
faba-11	518	9	singapore	singapore	PROPN
faba-11	518	10	returns	return	NOUN
faba-11	518	11	to	to	ADP
faba-11	518	12	its	its	PRON
faba-11	518	13	neighbors	neighbor	NOUN
faba-11	518	14	.	.	PUNCT
faba-11	519	1	the	the	DET
faba-11	519	2	malaysian	malaysian	ADJ
faba-11	519	3	and	and	CCONJ
faba-11	519	4	indonesian	indonesian	ADJ
faba-11	519	5	market	market	NOUN
faba-11	519	6	returns	return	NOUN
faba-11	519	7	tend	tend	VERB
faba-11	519	8	to	to	PART
faba-11	519	9	be	be	AUX
faba-11	519	10	affected	affect	VERB
faba-11	519	11	to	to	ADP
faba-11	519	12	what	what	PRON
faba-11	519	13	is	be	AUX
faba-11	519	14	happening	happen	VERB
faba-11	519	15	in	in	ADP
faba-11	519	16	singapore	singapore	PROPN
faba-11	519	17	,	,	PUNCT
faba-11	519	18	perhaps	perhaps	ADV
faba-11	519	19	because	because	SCONJ
faba-11	519	20	the	the	DET
faba-11	519	21	singaporean	singaporean	ADJ
faba-11	519	22	market	market	NOUN
faba-11	519	23	is	be	AUX
faba-11	519	24	more	more	ADV
faba-11	519	25	advanced	advanced	ADJ
faba-11	519	26	,	,	PUNCT
faba-11	519	27	more	more	ADV
faba-11	519	28	developed	developed	ADJ
faba-11	519	29	and	and	CCONJ
faba-11	519	30	is	be	AUX
faba-11	519	31	one	one	NUM
faba-11	519	32	of	of	ADP
faba-11	519	33	the	the	DET
faba-11	519	34	major	major	ADJ
faba-11	519	35	financial	financial	ADJ
faba-11	519	36	centers	center	NOUN
faba-11	519	37	in	in	ADP
faba-11	519	38	the	the	DET
faba-11	519	39	world	world	NOUN
faba-11	519	40	.	.	PUNCT
faba-11	520	1	on	on	ADP
faba-11	520	2	the	the	DET
faba-11	520	3	other	other	ADJ
faba-11	520	4	hand	hand	NOUN
faba-11	520	5	,	,	PUNCT
faba-11	520	6	indonesian	indonesian	ADJ
faba-11	520	7	market	market	NOUN
faba-11	520	8	return	return	NOUN
faba-11	520	9	is	be	AUX
faba-11	520	10	able	able	ADJ
faba-11	520	11	to	to	PART
faba-11	520	12	granger	granger	NOUN
faba-11	520	13	-	-	PUNCT
faba-11	520	14	cause	cause	VERB
faba-11	520	15	those	those	PRON
faba-11	520	16	in	in	ADP
faba-11	520	17	malaysia	malaysia	PROPN
faba-11	520	18	but	but	CCONJ
faba-11	520	19	malaysian	malaysian	ADJ
faba-11	520	20	returns	return	NOUN
faba-11	520	21	could	could	AUX
faba-11	520	22	not	not	PART
faba-11	520	23	return	return	VERB
faba-11	520	24	the	the	DET
faba-11	520	25	favor	favor	NOUN
faba-11	520	26	.	.	PUNCT
faba-11	521	1	on	on	ADP
faba-11	521	2	the	the	DET
faba-11	521	3	causality	causality	NOUN
faba-11	521	4	between	between	ADP
faba-11	521	5	trading	trading	NOUN
faba-11	521	6	volume	volume	NOUN
faba-11	521	7	and	and	CCONJ
faba-11	521	8	return	return	VERB
faba-11	521	9	volatility	volatility	NOUN
faba-11	521	10	in	in	ADP
faba-11	521	11	cross	cross	NOUN
faba-11	521	12	market	market	NOUN
faba-11	521	13	perspective	perspective	NOUN
faba-11	521	14	,	,	PUNCT
faba-11	521	15	the	the	DET
faba-11	521	16	volumes	volume	NOUN
faba-11	521	17	of	of	ADP
faba-11	521	18	klci	klci	NOUN
faba-11	521	19	and	and	CCONJ
faba-11	521	20	sti	sti	PROPN
faba-11	521	21	have	have	VERB
faba-11	521	22	the	the	DET
faba-11	521	23	power	power	NOUN
faba-11	521	24	to	to	PART
faba-11	521	25	cause	cause	VERB
faba-11	521	26	the	the	DET
faba-11	521	27	volatility	volatility	NOUN
faba-11	521	28	in	in	ADP
faba-11	521	29	each	each	DET
faba-11	521	30	other	other	ADJ
faba-11	521	31	’s	’s	PART
faba-11	521	32	stock	stock	NOUN
faba-11	521	33	returns	return	NOUN
faba-11	521	34	,	,	PUNCT
faba-11	521	35	but	but	CCONJ
faba-11	521	36	not	not	PART
faba-11	521	37	to	to	ADP
faba-11	521	38	the	the	DET
faba-11	521	39	jci	jci	PROPN
faba-11	521	40	.	.	PUNCT
faba-11	522	1	this	this	PRON
faba-11	522	2	implies	imply	VERB
faba-11	522	3	a	a	DET
faba-11	522	4	mutually	mutually	ADV
faba-11	522	5	strong	strong	ADJ
faba-11	522	6	inter	inter	ADJ
faba-11	522	7	-	-	ADJ
faba-11	522	8	variable	variable	ADJ
faba-11	522	9	causality	causality	NOUN
faba-11	522	10	relationship	relationship	NOUN
faba-11	522	11	between	between	ADP
faba-11	522	12	malaysian	malaysian	ADJ
faba-11	522	13	and	and	CCONJ
faba-11	522	14	singaporean	singaporean	ADJ
faba-11	522	15	markets	market	NOUN
faba-11	522	16	,	,	PUNCT
faba-11	522	17	as	as	ADV
faba-11	522	18	well	well	ADV
faba-11	522	19	as	as	ADP
faba-11	522	20	a	a	DET
faba-11	522	21	weak	weak	ADJ
faba-11	522	22	relationship	relationship	NOUN
faba-11	522	23	possessed	possess	VERB
faba-11	522	24	by	by	ADP
faba-11	522	25	the	the	DET
faba-11	522	26	indonesian	indonesian	ADJ
faba-11	522	27	market	market	NOUN
faba-11	522	28	variables	variable	NOUN
faba-11	522	29	onto	onto	ADP
faba-11	522	30	the	the	DET
faba-11	522	31	other	other	ADJ
faba-11	522	32	two	two	NUM
faba-11	522	33	markets	market	NOUN
faba-11	522	34	.	.	PUNCT
faba-11	523	1	it	it	PRON
faba-11	523	2	also	also	ADV
faba-11	523	3	means	mean	VERB
faba-11	523	4	that	that	SCONJ
faba-11	523	5	the	the	DET
faba-11	523	6	investors	investor	NOUN
faba-11	523	7	in	in	ADP
faba-11	523	8	malaysia	malaysia	PROPN
faba-11	523	9	and	and	CCONJ
faba-11	523	10	singapore	singapore	PROPN
faba-11	523	11	may	may	AUX
faba-11	523	12	infer	infer	VERB
faba-11	523	13	trading	trading	NOUN
faba-11	523	14	decisions	decision	NOUN
faba-11	523	15	by	by	ADP
faba-11	523	16	looking	look	VERB
faba-11	523	17	at	at	ADP
faba-11	523	18	the	the	DET
faba-11	523	19	trends	trend	NOUN
faba-11	523	20	in	in	ADP
faba-11	523	21	each	each	DET
faba-11	523	22	other	other	ADJ
faba-11	523	23	’s	’s	PART
faba-11	523	24	variables	variable	NOUN
faba-11	523	25	,	,	PUNCT
faba-11	523	26	hence	hence	ADV
faba-11	523	27	supporting	support	VERB
faba-11	523	28	for	for	ADP
faba-11	523	29	a	a	DET
faba-11	523	30	rejection	rejection	NOUN
faba-11	523	31	on	on	ADP
faba-11	523	32	null	null	ADJ
faba-11	523	33	hypothesis	hypothesis	NOUN
faba-11	523	34	number	number	NOUN
faba-11	523	35	5	5	NUM
faba-11	523	36	.	.	PUNCT
faba-11	524	1	on	on	ADP
faba-11	524	2	the	the	DET
faba-11	524	3	other	other	ADJ
faba-11	524	4	hand	hand	NOUN
faba-11	524	5	,	,	PUNCT
faba-11	524	6	investors	investor	NOUN
faba-11	524	7	in	in	ADP
faba-11	524	8	indonesia	indonesia	PROPN
faba-11	524	9	may	may	AUX
faba-11	524	10	find	find	VERB
faba-11	524	11	it	it	PRON
faba-11	524	12	not	not	PART
faba-11	524	13	useful	useful	ADJ
faba-11	524	14	to	to	PART
faba-11	524	15	look	look	VERB
faba-11	524	16	into	into	ADP
faba-11	524	17	volatility	volatility	NOUN
faba-11	524	18	data	datum	NOUN
faba-11	524	19	of	of	ADP
faba-11	524	20	the	the	DET
faba-11	524	21	neighboring	neighbor	VERB
faba-11	524	22	two	two	NUM
faba-11	524	23	markets	market	NOUN
faba-11	524	24	.	.	PUNCT
faba-11	525	1	despite	despite	SCONJ
faba-11	525	2	the	the	DET
faba-11	525	3	mixed	mixed	ADJ
faba-11	525	4	findings	finding	NOUN
faba-11	525	5	,	,	PUNCT
faba-11	525	6	these	these	DET
faba-11	525	7	evidences	evidence	NOUN
faba-11	525	8	are	be	AUX
faba-11	525	9	enough	enough	ADJ
faba-11	525	10	to	to	PART
faba-11	525	11	conclude	conclude	VERB
faba-11	525	12	that	that	SCONJ
faba-11	525	13	the	the	DET
faba-11	525	14	stock	stock	NOUN
faba-11	525	15	market	market	NOUN
faba-11	525	16	returns	return	NOUN
faba-11	525	17	in	in	ADP
faba-11	525	18	neighboring	neighboring	NOUN
faba-11	525	19	countries	country	NOUN
faba-11	525	20	in	in	ADP
faba-11	525	21	southeast	southeast	PROPN
faba-11	525	22	asia	asia	PROPN
faba-11	525	23	are	be	AUX
faba-11	525	24	interrelated	interrelate	VERB
faba-11	525	25	to	to	ADP
faba-11	525	26	some	some	DET
faba-11	525	27	extent	extent	NOUN
faba-11	525	28	,	,	PUNCT
faba-11	525	29	with	with	ADP
faba-11	525	30	singapore	singapore	PROPN
faba-11	525	31	being	be	AUX
faba-11	525	32	the	the	DET
faba-11	525	33	center	center	NOUN
faba-11	525	34	of	of	ADP
faba-11	525	35	gravity	gravity	NOUN
faba-11	525	36	that	that	PRON
faba-11	525	37	binds	bind	VERB
faba-11	525	38	them	they	PRON
faba-11	525	39	up	up	ADP
faba-11	525	40	together	together	ADV
faba-11	525	41	.	.	PUNCT
faba-11	526	1	these	these	DET
faba-11	526	2	findings	finding	NOUN
faba-11	526	3	also	also	ADV
faba-11	526	4	lend	lend	VERB
faba-11	526	5	support	support	NOUN
faba-11	526	6	to	to	ADP
faba-11	526	7	the	the	DET
faba-11	526	8	contagion	contagion	NOUN
faba-11	526	9	theory	theory	NOUN
faba-11	526	10	or	or	CCONJ
faba-11	526	11	spillover	spillover	VERB
faba-11	526	12	effect	effect	NOUN
faba-11	526	13	.	.	PUNCT
faba-11	527	1	indeed	indeed	ADV
faba-11	527	2	,	,	PUNCT
faba-11	527	3	the	the	DET
faba-11	527	4	financial	financial	ADJ
faba-11	527	5	variables	variable	NOUN
faba-11	527	6	in	in	ADP
faba-11	527	7	different	different	ADJ
faba-11	527	8	markets	market	NOUN
faba-11	527	9	may	may	AUX
faba-11	527	10	be	be	AUX
faba-11	527	11	related	relate	VERB
faba-11	527	12	to	to	ADP
faba-11	527	13	one	one	NUM
faba-11	527	14	another	another	DET
faba-11	527	15	and	and	CCONJ
faba-11	527	16	hence	hence	ADV
faba-11	527	17	,	,	PUNCT
faba-11	527	18	one	one	PRON
faba-11	527	19	may	may	AUX
faba-11	527	20	infer	infer	VERB
faba-11	527	21	trading	trading	NOUN
faba-11	527	22	decisions	decision	NOUN
faba-11	527	23	in	in	ADP
faba-11	527	24	one	one	NUM
faba-11	527	25	market	market	NOUN
faba-11	527	26	by	by	ADP
faba-11	527	27	referring	refer	VERB
faba-11	527	28	to	to	ADP
faba-11	527	29	the	the	DET
faba-11	527	30	trends	trend	NOUN
faba-11	527	31	in	in	ADP
faba-11	527	32	another	another	PRON
faba-11	527	33	.	.	PUNCT
faba-11	528	1	this	this	PRON
faba-11	528	2	is	be	AUX
faba-11	528	3	also	also	ADV
faba-11	528	4	consistent	consistent	ADJ
faba-11	528	5	with	with	ADP
faba-11	528	6	lee	lee	PROPN
faba-11	528	7	and	and	CCONJ
faba-11	528	8	rui	rui	PROPN
faba-11	528	9	(	(	PUNCT
faba-11	528	10	2012	2012	NUM
faba-11	528	11	)	)	PUNCT
faba-11	528	12	who	who	PRON
faba-11	528	13	suggest	suggest	VERB
faba-11	528	14	that	that	SCONJ
faba-11	528	15	markets	market	NOUN
faba-11	528	16	with	with	ADP
faba-11	528	17	overlapping	overlap	VERB
faba-11	528	18	trading	trading	NOUN
faba-11	528	19	period	period	NOUN
faba-11	528	20	may	may	AUX
faba-11	528	21	share	share	VERB
faba-11	528	22	many	many	ADJ
faba-11	528	23	characteristics	characteristic	NOUN
faba-11	528	24	in	in	ADP
faba-11	528	25	the	the	DET
faba-11	528	26	stock	stock	NOUN
faba-11	528	27	market	market	NOUN
faba-11	528	28	variables	variable	NOUN
faba-11	528	29	movement	movement	NOUN
faba-11	528	30	.	.	PUNCT
faba-11	529	1	sabri	sabri	NOUN
faba-11	529	2	(	(	PUNCT
faba-11	529	3	2008	2008	NUM
faba-11	529	4	)	)	PUNCT
faba-11	529	5	also	also	ADV
faba-11	529	6	stand	stand	VERB
faba-11	529	7	behind	behind	ADP
faba-11	529	8	the	the	DET
faba-11	529	9	same	same	ADJ
faba-11	529	10	argument	argument	NOUN
faba-11	529	11	as	as	SCONJ
faba-11	529	12	he	he	PRON
faba-11	529	13	found	find	VERB
faba-11	529	14	that	that	SCONJ
faba-11	529	15	the	the	DET
faba-11	529	16	volume	volume	NOUN
faba-11	529	17	-	-	PUNCT
faba-11	529	18	stock	stock	NOUN
faba-11	529	19	price	price	NOUN
faba-11	529	20	movements	movement	NOUN
faba-11	529	21	in	in	ADP
faba-11	529	22	arab	arab	ADJ
faba-11	529	23	stock	stock	NOUN
faba-11	529	24	markets	market	NOUN
faba-11	529	25	are	be	AUX
faba-11	529	26	significantly	significantly	ADV
faba-11	529	27	integrated	integrate	VERB
faba-11	529	28	.	.	PUNCT
faba-11	530	1	the	the	DET
faba-11	530	2	fifth	fifth	ADJ
faba-11	530	3	and	and	CCONJ
faba-11	530	4	final	final	ADJ
faba-11	530	5	objective	objective	NOUN
faba-11	530	6	of	of	ADP
faba-11	530	7	the	the	DET
faba-11	530	8	study	study	NOUN
faba-11	530	9	is	be	AUX
faba-11	530	10	to	to	PART
faba-11	530	11	find	find	VERB
faba-11	530	12	evidence	evidence	NOUN
faba-11	530	13	supporting	support	VERB
faba-11	530	14	either	either	CCONJ
faba-11	530	15	mixture	mixture	NOUN
faba-11	530	16	of	of	ADP
faba-11	530	17	distribution	distribution	NOUN
faba-11	530	18	hypothesis	hypothesis	NOUN
faba-11	530	19	(	(	PUNCT
faba-11	530	20	mdh	mdh	PROPN
faba-11	530	21	)	)	PUNCT
faba-11	530	22	or	or	CCONJ
faba-11	530	23	the	the	DET
faba-11	530	24	sequential	sequential	ADJ
faba-11	530	25	information	information	NOUN
faba-11	530	26	arrival	arrival	NOUN
faba-11	530	27	hypothesis	hypothesis	NOUN
faba-11	530	28	(	(	PUNCT
faba-11	530	29	siah	siah	PROPN
faba-11	530	30	)	)	PUNCT
faba-11	530	31	in	in	ADP
faba-11	530	32	the	the	DET
faba-11	530	33	three	three	NUM
faba-11	530	34	stock	stock	NOUN
faba-11	530	35	markets	market	NOUN
faba-11	530	36	.	.	PUNCT
faba-11	531	1	this	this	DET
faba-11	531	2	objective	objective	NOUN
faba-11	531	3	can	can	AUX
faba-11	531	4	be	be	AUX
faba-11	531	5	realized	realize	VERB
faba-11	531	6	by	by	ADP
faba-11	531	7	looking	look	VERB
faba-11	531	8	at	at	ADP
faba-11	531	9	the	the	DET
faba-11	531	10	findings	finding	NOUN
faba-11	531	11	that	that	PRON
faba-11	531	12	have	have	AUX
faba-11	531	13	been	be	AUX
faba-11	531	14	discussed	discuss	VERB
faba-11	531	15	thus	thus	ADV
faba-11	531	16	far	far	ADV
faba-11	531	17	.	.	PUNCT
faba-11	532	1	both	both	DET
faba-11	532	2	theories	theory	NOUN
faba-11	532	3	concern	concern	NOUN
faba-11	532	4	about	about	ADP
faba-11	532	5	the	the	DET
faba-11	532	6	flow	flow	NOUN
faba-11	532	7	of	of	ADP
faba-11	532	8	information	information	NOUN
faba-11	532	9	to	to	ADP
faba-11	532	10	the	the	DET
faba-11	532	11	stock	stock	NOUN
faba-11	532	12	market	market	NOUN
faba-11	532	13	,	,	PUNCT
faba-11	532	14	with	with	ADP
faba-11	532	15	trading	trading	NOUN
faba-11	532	16	volume	volume	NOUN
faba-11	532	17	being	be	AUX
faba-11	532	18	a	a	DET
faba-11	532	19	proxy	proxy	NOUN
faba-11	532	20	that	that	PRON
faba-11	532	21	implies	imply	VERB
faba-11	532	22	the	the	DET
faba-11	532	23	information	information	NOUN
faba-11	532	24	movement	movement	NOUN
faba-11	532	25	within	within	ADP
faba-11	532	26	the	the	DET
faba-11	532	27	market	market	NOUN
faba-11	532	28	.	.	PUNCT
faba-11	533	1	copeland	copeland	PROPN
faba-11	533	2	(	(	PUNCT
faba-11	533	3	1976	1976	NUM
faba-11	533	4	)	)	PUNCT
faba-11	533	5	developed	develop	VERB
faba-11	533	6	the	the	DET
faba-11	533	7	siah	siah	PROPN
faba-11	533	8	model	model	NOUN
faba-11	533	9	which	which	PRON
faba-11	533	10	essentially	essentially	ADV
faba-11	533	11	contends	contend	VERB
faba-11	533	12	for	for	ADP
faba-11	533	13	a	a	DET
faba-11	533	14	positive	positive	ADJ
faba-11	533	15	bidirectional	bidirectional	ADJ
faba-11	533	16	relationships	relationship	NOUN
faba-11	533	17	between	between	ADP
faba-11	533	18	return	return	NOUN
faba-11	533	19	and	and	CCONJ
faba-11	533	20	volume	volume	NOUN
faba-11	533	21	.	.	PUNCT
faba-11	534	1	on	on	ADP
faba-11	534	2	the	the	DET
faba-11	534	3	other	other	ADJ
faba-11	534	4	hand	hand	NOUN
faba-11	534	5	,	,	PUNCT
faba-11	534	6	clark	clark	NOUN
faba-11	534	7	(	(	PUNCT
faba-11	534	8	1973	1973	NUM
faba-11	534	9	)	)	PUNCT
faba-11	534	10	posits	posit	NOUN
faba-11	534	11	a	a	DET
faba-11	534	12	positive	positive	ADJ
faba-11	534	13	unidirectional	unidirectional	ADJ
faba-11	534	14	causal	causal	NOUN
faba-11	534	15	relationship	relationship	NOUN
faba-11	534	16	running	run	VERB
faba-11	534	17	from	from	ADP
faba-11	534	18	trading	trading	NOUN
faba-11	534	19	volume	volume	NOUN
faba-11	534	20	to	to	ADP
faba-11	534	21	stock	stock	NOUN
faba-11	534	22	returns	return	NOUN
faba-11	534	23	in	in	ADP
faba-11	534	24	his	his	PRON
faba-11	534	25	mdh	mdh	PROPN
faba-11	534	26	theory	theory	NOUN
faba-11	534	27	.	.	PUNCT
faba-11	535	1	this	this	DET
faba-11	535	2	study	study	NOUN
faba-11	535	3	finds	find	VERB
faba-11	535	4	only	only	ADV
faba-11	535	5	a	a	DET
faba-11	535	6	unidirectional	unidirectional	ADJ
faba-11	535	7	relationship	relationship	NOUN
faba-11	535	8	between	between	ADP
faba-11	535	9	malaysian	malaysian	ADJ
faba-11	535	10	market	market	NOUN
faba-11	535	11	’s	’s	PART
faba-11	535	12	return	return	NOUN
faba-11	535	13	and	and	CCONJ
faba-11	535	14	volume	volume	NOUN
faba-11	535	15	.	.	PUNCT
faba-11	536	1	in	in	ADP
faba-11	536	2	addition	addition	NOUN
faba-11	536	3	to	to	ADP
faba-11	536	4	that	that	PRON
faba-11	536	5	,	,	PUNCT
faba-11	536	6	singapore	singapore	PROPN
faba-11	536	7	’s	’s	PART
faba-11	536	8	trading	trading	NOUN
faba-11	536	9	volumes	volume	NOUN
faba-11	536	10	are	be	AUX
faba-11	536	11	also	also	ADV
faba-11	536	12	able	able	ADJ
faba-11	536	13	to	to	PART
faba-11	536	14	granger	granger	NOUN
faba-11	536	15	-	-	PUNCT
faba-11	536	16	cause	cause	VERB
faba-11	536	17	malaysian	malaysian	ADJ
faba-11	536	18	return	return	NOUN
faba-11	536	19	while	while	SCONJ
faba-11	536	20	indonesian	indonesian	ADJ
faba-11	536	21	volumes	volume	NOUN
faba-11	536	22	are	be	AUX
faba-11	536	23	also	also	ADV
faba-11	536	24	able	able	ADJ
faba-11	536	25	to	to	PART
faba-11	536	26	cause	cause	VERB
faba-11	536	27	the	the	DET
faba-11	536	28	singapore	singapore	PROPN
faba-11	536	29	’s	’s	PART
faba-11	536	30	return	return	NOUN
faba-11	536	31	.	.	PUNCT
faba-11	537	1	therefore	therefore	ADV
faba-11	537	2	,	,	PUNCT
faba-11	537	3	it	it	PRON
faba-11	537	4	is	be	AUX
faba-11	537	5	quite	quite	ADV
faba-11	537	6	clear	clear	ADJ
faba-11	537	7	that	that	SCONJ
faba-11	537	8	the	the	DET
faba-11	537	9	study	study	NOUN
faba-11	537	10	lends	lend	VERB
faba-11	537	11	support	support	NOUN
faba-11	537	12	to	to	ADP
faba-11	537	13	the	the	DET
faba-11	537	14	mixture	mixture	NOUN
faba-11	537	15	of	of	ADP
faba-11	537	16	distribution	distribution	NOUN
faba-11	537	17	hypothesis	hypothesis	NOUN
faba-11	537	18	.	.	PUNCT
faba-11	538	1	in	in	ADP
faba-11	538	2	this	this	DET
faba-11	538	3	theory	theory	NOUN
faba-11	538	4	,	,	PUNCT
faba-11	538	5	trading	trading	NOUN
faba-11	538	6	volume	volume	NOUN
faba-11	538	7	represents	represent	VERB
faba-11	538	8	a	a	DET
faba-11	538	9	mixture	mixture	NOUN
faba-11	538	10	of	of	ADP
faba-11	538	11	disagreement	disagreement	NOUN
faba-11	538	12	among	among	ADP
faba-11	538	13	market	market	NOUN
faba-11	538	14	participants	participant	NOUN
faba-11	538	15	about	about	ADP
faba-11	538	16	future	future	ADJ
faba-11	538	17	movement	movement	NOUN
faba-11	538	18	of	of	ADP
faba-11	538	19	stock	stock	NOUN
faba-11	538	20	prices	price	NOUN
faba-11	538	21	and	and	CCONJ
faba-11	538	22	as	as	SCONJ
faba-11	538	23	they	they	PRON
faba-11	538	24	revise	revise	VERB
faba-11	538	25	the	the	DET
faba-11	538	26	prices	price	NOUN
faba-11	538	27	of	of	ADP
faba-11	538	28	their	their	PRON
faba-11	538	29	market	market	NOUN
faba-11	538	30	orders	order	NOUN
faba-11	538	31	,	,	PUNCT
faba-11	538	32	this	this	PRON
faba-11	538	33	will	will	AUX
faba-11	538	34	increase	increase	VERB
faba-11	538	35	the	the	DET
faba-11	538	36	level	level	NOUN
faba-11	538	37	of	of	ADP
faba-11	538	38	trading	trading	NOUN
faba-11	538	39	volumes	volume	NOUN
faba-11	538	40	.	.	PUNCT
faba-11	539	1	in	in	ADP
faba-11	539	2	turn	turn	NOUN
faba-11	539	3	,	,	PUNCT
faba-11	539	4	the	the	DET
faba-11	539	5	market	market	NOUN
faba-11	539	6	return	return	NOUN
faba-11	539	7	will	will	AUX
faba-11	539	8	be	be	AUX
faba-11	539	9	affected	affect	VERB
faba-11	539	10	.	.	PUNCT
faba-11	540	1	this	this	DET
faba-11	540	2	finding	finding	NOUN
faba-11	540	3	is	be	AUX
faba-11	540	4	consistent	consistent	ADJ
faba-11	540	5	to	to	ADP
faba-11	540	6	those	those	PRON
faba-11	540	7	of	of	ADP
faba-11	540	8	ahmed	ahmed	PROPN
faba-11	540	9	and	and	CCONJ
faba-11	540	10	nasir	nasir	PROPN
faba-11	540	11	(	(	PUNCT
faba-11	540	12	2005	2005	NUM
faba-11	540	13	)	)	PUNCT
faba-11	540	14	,	,	PUNCT
faba-11	540	15	pisedtasalasai	pisedtasalasai	ADJ
faba-11	540	16	and	and	CCONJ
faba-11	540	17	gunasekarage	gunasekarage	NOUN
faba-11	540	18	(	(	PUNCT
faba-11	540	19	2008	2008	NUM
faba-11	540	20	)	)	PUNCT
faba-11	540	21	and	and	CCONJ
faba-11	540	22	tan	tan	PROPN
faba-11	540	23	and	and	CCONJ
faba-11	540	24	tay	tay	PROPN
faba-11	540	25	(	(	PUNCT
faba-11	540	26	2011	2011	NUM
faba-11	540	27	)	)	PUNCT
faba-11	540	28	,	,	PUNCT
faba-11	540	29	among	among	ADP
faba-11	540	30	all	all	PRON
faba-11	540	31	who	who	PRON
faba-11	540	32	studied	study	VERB
faba-11	540	33	the	the	DET
faba-11	540	34	interactions	interaction	NOUN
faba-11	540	35	between	between	ADP
faba-11	540	36	volume	volume	NOUN
faba-11	540	37	and	and	CCONJ
faba-11	540	38	stock	stock	NOUN
faba-11	540	39	returns	return	NOUN
faba-11	540	40	in	in	ADP
faba-11	540	41	the	the	DET
faba-11	540	42	same	same	ADJ
faba-11	540	43	southeast	southeast	ADJ
faba-11	540	44	asian	asian	ADJ
faba-11	540	45	markets	market	NOUN
faba-11	540	46	.	.	PUNCT
faba-11	541	1	in	in	ADP
faba-11	541	2	concurrence	concurrence	NOUN
faba-11	541	3	to	to	ADP
faba-11	541	4	this	this	DET
faba-11	541	5	study	study	NOUN
faba-11	541	6	,	,	PUNCT
faba-11	541	7	all	all	PRON
faba-11	541	8	of	of	ADP
faba-11	541	9	them	they	PRON
faba-11	541	10	also	also	ADV
faba-11	541	11	found	find	VERB
faba-11	541	12	that	that	SCONJ
faba-11	541	13	trading	trading	NOUN
faba-11	541	14	volumes	volume	NOUN
faba-11	541	15	contain	contain	VERB
faba-11	541	16	information	information	NOUN
faba-11	541	17	that	that	PRON
faba-11	541	18	is	be	AUX
faba-11	541	19	useful	useful	ADJ
faba-11	541	20	in	in	ADP
faba-11	541	21	predicting	predict	VERB
faba-11	541	22	future	future	ADJ
faba-11	541	23	returns	return	NOUN
faba-11	541	24	and	and	CCONJ
faba-11	541	25	volatility	volatility	NOUN
faba-11	541	26	.	.	PUNCT
faba-11	542	1	nonetheless	nonetheless	ADV
faba-11	542	2	,	,	PUNCT
faba-11	542	3	another	another	DET
faba-11	542	4	interesting	interesting	ADJ
faba-11	542	5	finding	finding	NOUN
faba-11	542	6	to	to	PART
faba-11	542	7	mention	mention	VERB
faba-11	542	8	is	be	AUX
faba-11	542	9	in	in	ADP
faba-11	542	10	terms	term	NOUN
faba-11	542	11	of	of	ADP
faba-11	542	12	the	the	DET
faba-11	542	13	relationships	relationship	NOUN
faba-11	542	14	between	between	ADP
faba-11	542	15	the	the	DET
faba-11	542	16	pairs	pair	NOUN
faba-11	542	17	of	of	ADP
faba-11	542	18	local	local	ADJ
faba-11	542	19	volume	volume	NOUN
faba-11	542	20	to	to	ADP
faba-11	542	21	its	its	PRON
faba-11	542	22	return	return	NOUN
faba-11	542	23	volatility	volatility	NOUN
faba-11	542	24	.	.	PUNCT
faba-11	543	1	this	this	DET
faba-11	543	2	study	study	NOUN
faba-11	543	3	found	find	VERB
faba-11	543	4	evidence	evidence	NOUN
faba-11	543	5	that	that	SCONJ
faba-11	543	6	the	the	DET
faba-11	543	7	two	two	NUM
faba-11	543	8	variables	variable	NOUN
faba-11	543	9	are	be	AUX
faba-11	543	10	bi	bi	ADJ
faba-11	543	11	-	-	ADJ
faba-11	543	12	directionally	directionally	ADV
faba-11	543	13	causing	cause	VERB
faba-11	543	14	one	one	NOUN
faba-11	543	15	another	another	DET
faba-11	543	16	in	in	ADP
faba-11	543	17	malaysian	malaysian	ADJ
faba-11	543	18	and	and	CCONJ
faba-11	543	19	singaporean	singaporean	ADJ
faba-11	543	20	markets	market	NOUN
faba-11	543	21	.	.	PUNCT
faba-11	544	1	taking	take	VERB
faba-11	544	2	these	these	DET
faba-11	544	3	findings	finding	NOUN
faba-11	544	4	into	into	ADP
faba-11	544	5	account	account	NOUN
faba-11	544	6	,	,	PUNCT
faba-11	544	7	a	a	DET
faba-11	544	8	support	support	NOUN
faba-11	544	9	on	on	ADP
faba-11	544	10	the	the	DET
faba-11	544	11	siah	siah	PROPN
faba-11	544	12	is	be	AUX
faba-11	544	13	established	establish	VERB
faba-11	544	14	.	.	PUNCT
faba-11	545	1	this	this	DET
faba-11	545	2	asymmetric	asymmetric	ADJ
faba-11	545	3	information	information	NOUN
faba-11	545	4	model	model	NOUN
faba-11	545	5	hypothesizes	hypothesize	VERB
faba-11	545	6	that	that	SCONJ
faba-11	545	7	new	new	ADJ
faba-11	545	8	information	information	NOUN
faba-11	545	9	reaches	reach	VERB
faba-11	545	10	one	one	NUM
faba-11	545	11	market	market	NOUN
faba-11	545	12	participants	participant	NOUN
faba-11	545	13	at	at	ADP
faba-11	545	14	a	a	DET
faba-11	545	15	time	time	NOUN
faba-11	545	16	,	,	PUNCT
faba-11	545	17	instead	instead	ADV
faba-11	545	18	of	of	ADP
faba-11	545	19	simultaneously	simultaneously	ADV
faba-11	545	20	.	.	PUNCT
faba-11	546	1	this	this	PRON
faba-11	546	2	normally	normally	ADV
faba-11	546	3	happens	happen	VERB
faba-11	546	4	in	in	ADP
faba-11	546	5	markets	market	NOUN
faba-11	546	6	which	which	PRON
faba-11	546	7	are	be	AUX
faba-11	546	8	characterized	characterize	VERB
faba-11	546	9	by	by	ADP
faba-11	546	10	high	high	ADJ
faba-11	546	11	number	number	NOUN
faba-11	546	12	of	of	ADP
faba-11	546	13	individual	individual	ADJ
faba-11	546	14	investors	investor	NOUN
faba-11	546	15	and	and	CCONJ
faba-11	546	16	less	less	ADV
faba-11	546	17	efficient	efficient	ADJ
faba-11	546	18	;	;	PUNCT
faba-11	546	19	which	which	PRON
faba-11	546	20	fits	fit	VERB
faba-11	546	21	the	the	DET
faba-11	546	22	character	character	NOUN
faba-11	546	23	of	of	ADP
faba-11	546	24	the	the	DET
faba-11	546	25	southeast	southeast	ADJ
faba-11	546	26	asian	asian	ADJ
faba-11	546	27	markets	market	NOUN
faba-11	546	28	.	.	PUNCT
faba-11	547	1	due	due	ADP
faba-11	547	2	to	to	ADP
faba-11	547	3	the	the	DET
faba-11	547	4	sequence	sequence	NOUN
faba-11	547	5	of	of	ADP
faba-11	547	6	information	information	NOUN
faba-11	547	7	flow	flow	NOUN
faba-11	547	8	,	,	PUNCT
faba-11	547	9	lagged	lag	VERB
faba-11	547	10	volatility	volatility	NOUN
faba-11	547	11	may	may	AUX
faba-11	547	12	have	have	VERB
faba-11	547	13	the	the	DET
faba-11	547	14	ability	ability	NOUN
faba-11	547	15	to	to	PART
faba-11	547	16	m.r	m.r	PROPN
faba-11	547	17	.	.	PROPN
faba-11	547	18	miseman	miseman	PROPN
faba-11	547	19	et	et	PROPN
faba-11	547	20	al	al	PROPN
faba-11	547	21	.	.	PUNCT
faba-11	547	22	/	/	SYM
faba-11	547	23	finance	finance	NOUN
faba-11	547	24	,	,	PUNCT
faba-11	547	25	accounting	accounting	NOUN
faba-11	547	26	and	and	CCONJ
faba-11	547	27	business	business	NOUN
faba-11	547	28	analisys	analisys	PROPN
faba-11	547	29	19	19	NUM
faba-11	547	30	predict	predict	VERB
faba-11	547	31	current	current	ADJ
faba-11	547	32	trading	trading	NOUN
faba-11	547	33	volume	volume	NOUN
faba-11	547	34	and	and	CCONJ
faba-11	547	35	,	,	PUNCT
faba-11	547	36	vice	vice	ADV
faba-11	547	37	versa	versa	ADV
faba-11	547	38	.	.	PUNCT
faba-11	548	1	the	the	DET
faba-11	548	2	same	same	ADJ
faba-11	548	3	finding	finding	NOUN
faba-11	548	4	echoes	echo	VERB
faba-11	548	5	through	through	ADP
faba-11	548	6	many	many	ADJ
faba-11	548	7	other	other	ADJ
faba-11	548	8	developing	develop	VERB
faba-11	548	9	exchanges	exchange	NOUN
faba-11	548	10	such	such	ADJ
faba-11	548	11	as	as	ADP
faba-11	548	12	in	in	ADP
faba-11	548	13	brazil	brazil	PROPN
faba-11	548	14	(	(	PUNCT
faba-11	548	15	de	de	PROPN
faba-11	548	16	medeiros	medeiros	PROPN
faba-11	548	17	&	&	CCONJ
faba-11	548	18	van	van	PROPN
faba-11	548	19	doornik	doornik	PROPN
faba-11	548	20	,	,	PUNCT
faba-11	548	21	2006	2006	NUM
faba-11	548	22	)	)	PUNCT
faba-11	548	23	,	,	PUNCT
faba-11	548	24	middle	middle	PROPN
faba-11	548	25	east	east	PROPN
faba-11	548	26	(	(	PUNCT
faba-11	548	27	sabri	sabri	NOUN
faba-11	548	28	,	,	PUNCT
faba-11	548	29	2008	2008	NUM
faba-11	548	30	)	)	PUNCT
faba-11	548	31	and	and	CCONJ
faba-11	548	32	africa	africa	PROPN
faba-11	548	33	(	(	PUNCT
faba-11	548	34	léon	léon	PROPN
faba-11	548	35	,	,	PUNCT
faba-11	548	36	2007	2007	NUM
faba-11	548	37	)	)	PUNCT
faba-11	548	38	.	.	PUNCT
faba-11	549	1	limitations	limitation	NOUN
faba-11	549	2	of	of	ADP
faba-11	549	3	the	the	DET
faba-11	549	4	study	study	NOUN
faba-11	549	5	a	a	DET
faba-11	549	6	study	study	NOUN
faba-11	549	7	is	be	AUX
faba-11	549	8	only	only	ADV
faba-11	549	9	as	as	ADV
faba-11	549	10	relevant	relevant	ADJ
faba-11	549	11	as	as	ADP
faba-11	549	12	the	the	DET
faba-11	549	13	samples	sample	NOUN
faba-11	549	14	that	that	PRON
faba-11	549	15	make	make	VERB
faba-11	549	16	up	up	ADP
faba-11	549	17	its	its	PRON
faba-11	549	18	findings	finding	NOUN
faba-11	549	19	.	.	PUNCT
faba-11	550	1	therefore	therefore	ADV
faba-11	550	2	,	,	PUNCT
faba-11	550	3	the	the	DET
faba-11	550	4	fact	fact	NOUN
faba-11	550	5	that	that	SCONJ
faba-11	550	6	this	this	DET
faba-11	550	7	study	study	NOUN
faba-11	550	8	only	only	ADV
faba-11	550	9	employs	employ	VERB
faba-11	550	10	datasets	dataset	NOUN
faba-11	550	11	from	from	ADP
faba-11	550	12	three	three	NUM
faba-11	550	13	southeast	southeast	ADJ
faba-11	550	14	asian	asian	ADJ
faba-11	550	15	countries	country	NOUN
faba-11	550	16	is	be	AUX
faba-11	550	17	an	an	DET
faba-11	550	18	issue	issue	NOUN
faba-11	550	19	that	that	PRON
faba-11	550	20	can	can	AUX
faba-11	550	21	be	be	AUX
faba-11	550	22	addressed	address	VERB
faba-11	550	23	in	in	ADP
faba-11	550	24	the	the	DET
faba-11	550	25	future	future	NOUN
faba-11	550	26	by	by	ADP
faba-11	550	27	expanding	expand	VERB
faba-11	550	28	the	the	DET
faba-11	550	29	sample	sample	NOUN
faba-11	550	30	size	size	NOUN
faba-11	550	31	.	.	PUNCT
faba-11	551	1	the	the	DET
faba-11	551	2	inclusion	inclusion	NOUN
faba-11	551	3	of	of	ADP
faba-11	551	4	more	more	ADJ
faba-11	551	5	entities	entity	NOUN
faba-11	551	6	into	into	ADP
faba-11	551	7	the	the	DET
faba-11	551	8	dataset	dataset	NOUN
faba-11	551	9	could	could	AUX
faba-11	551	10	help	help	VERB
faba-11	551	11	to	to	PART
faba-11	551	12	improve	improve	VERB
faba-11	551	13	the	the	DET
faba-11	551	14	rigor	rigor	NOUN
faba-11	551	15	of	of	ADP
faba-11	551	16	the	the	DET
faba-11	551	17	findings	finding	NOUN
faba-11	551	18	as	as	ADV
faba-11	551	19	well	well	ADV
faba-11	551	20	as	as	ADP
faba-11	551	21	enrich	enrich	VERB
faba-11	551	22	the	the	DET
faba-11	551	23	academic	academic	ADJ
faba-11	551	24	world	world	NOUN
faba-11	551	25	.	.	PUNCT
faba-11	552	1	secondly	secondly	ADV
faba-11	552	2	,	,	PUNCT
faba-11	552	3	the	the	DET
faba-11	552	4	study	study	NOUN
faba-11	552	5	is	be	AUX
faba-11	552	6	only	only	ADV
faba-11	552	7	concentrating	concentrate	VERB
faba-11	552	8	on	on	ADP
faba-11	552	9	the	the	DET
faba-11	552	10	developing	develop	VERB
faba-11	552	11	stock	stock	NOUN
faba-11	552	12	exchanges	exchange	NOUN
faba-11	552	13	in	in	ADP
faba-11	552	14	southeast	southeast	PROPN
faba-11	552	15	asia	asia	PROPN
faba-11	552	16	,	,	PUNCT
faba-11	552	17	while	while	SCONJ
faba-11	552	18	there	there	PRON
faba-11	552	19	are	be	VERB
faba-11	552	20	numerous	numerous	ADJ
faba-11	552	21	other	other	ADJ
faba-11	552	22	markets	market	NOUN
faba-11	552	23	that	that	PRON
faba-11	552	24	share	share	VERB
faba-11	552	25	the	the	DET
faba-11	552	26	same	same	ADJ
faba-11	552	27	characteristics	characteristic	NOUN
faba-11	552	28	and	and	CCONJ
faba-11	552	29	may	may	AUX
faba-11	552	30	be	be	AUX
faba-11	552	31	very	very	ADV
faba-11	552	32	well	well	ADV
faba-11	552	33	fit	fit	ADJ
faba-11	552	34	into	into	ADP
faba-11	552	35	consideration	consideration	NOUN
faba-11	552	36	.	.	PUNCT
faba-11	553	1	in	in	ADP
faba-11	553	2	addition	addition	NOUN
faba-11	553	3	,	,	PUNCT
faba-11	553	4	the	the	DET
faba-11	553	5	focus	focus	NOUN
faba-11	553	6	on	on	ADP
faba-11	553	7	samples	sample	NOUN
faba-11	553	8	coming	come	VERB
faba-11	553	9	from	from	ADP
faba-11	553	10	a	a	DET
faba-11	553	11	nearby	nearby	ADJ
faba-11	553	12	region	region	NOUN
faba-11	553	13	will	will	AUX
faba-11	553	14	involve	involve	VERB
faba-11	553	15	the	the	DET
faba-11	553	16	inclusion	inclusion	NOUN
faba-11	553	17	of	of	ADP
faba-11	553	18	regional	regional	ADJ
faba-11	553	19	risks	risk	NOUN
faba-11	553	20	into	into	ADP
faba-11	553	21	the	the	DET
faba-11	553	22	picture	picture	NOUN
faba-11	553	23	.	.	PUNCT
faba-11	554	1	adverse	adverse	ADJ
faba-11	554	2	conditions	condition	NOUN
faba-11	554	3	coming	come	VERB
faba-11	554	4	from	from	ADP
faba-11	554	5	political	political	ADJ
faba-11	554	6	,	,	PUNCT
faba-11	554	7	economic	economic	ADJ
faba-11	554	8	and	and	CCONJ
faba-11	554	9	environmental	environmental	ADJ
faba-11	554	10	aspects	aspect	NOUN
faba-11	554	11	of	of	ADP
faba-11	554	12	the	the	DET
faba-11	554	13	region	region	NOUN
faba-11	554	14	may	may	AUX
faba-11	554	15	exogenously	exogenously	ADV
faba-11	554	16	influence	influence	VERB
faba-11	554	17	the	the	DET
faba-11	554	18	variables	variable	NOUN
faba-11	554	19	and	and	CCONJ
faba-11	554	20	distort	distort	VERB
faba-11	554	21	the	the	DET
faba-11	554	22	overall	overall	ADJ
faba-11	554	23	findings	finding	NOUN
faba-11	554	24	.	.	PUNCT
faba-11	555	1	another	another	DET
faba-11	555	2	issue	issue	NOUN
faba-11	555	3	to	to	PART
faba-11	555	4	mention	mention	VERB
faba-11	555	5	is	be	AUX
faba-11	555	6	the	the	DET
faba-11	555	7	sample	sample	NOUN
faba-11	555	8	period	period	NOUN
faba-11	555	9	that	that	PRON
faba-11	555	10	covers	cover	VERB
faba-11	555	11	daily	daily	ADJ
faba-11	555	12	data	datum	NOUN
faba-11	555	13	from	from	ADP
faba-11	555	14	year	year	NOUN
faba-11	555	15	2000	2000	NUM
faba-11	555	16	to	to	ADP
faba-11	555	17	2014	2014	NUM
faba-11	555	18	.	.	PUNCT
faba-11	556	1	a	a	DET
faba-11	556	2	major	major	ADJ
faba-11	556	3	economic	economic	ADJ
faba-11	556	4	crisis	crisis	NOUN
faba-11	556	5	had	have	AUX
faba-11	556	6	happened	happen	VERB
faba-11	556	7	in	in	ADP
faba-11	556	8	between	between	ADP
faba-11	556	9	of	of	ADP
faba-11	556	10	this	this	DET
faba-11	556	11	period	period	NOUN
faba-11	556	12	,	,	PUNCT
faba-11	556	13	hence	hence	ADV
faba-11	556	14	may	may	AUX
faba-11	556	15	actually	actually	ADV
faba-11	556	16	affect	affect	VERB
faba-11	556	17	the	the	DET
faba-11	556	18	findings	finding	NOUN
faba-11	556	19	.	.	PUNCT
faba-11	557	1	m.r	m.r	PROPN
faba-11	557	2	.	.	PROPN
faba-11	557	3	miseman	miseman	PROPN
faba-11	557	4	et	et	PROPN
faba-11	557	5	al	al	PROPN
faba-11	557	6	.	.	PUNCT
faba-11	557	7	/	/	SYM
faba-11	557	8	finance	finance	NOUN
faba-11	557	9	,	,	PUNCT
faba-11	557	10	accounting	accounting	NOUN
faba-11	557	11	and	and	CCONJ
faba-11	557	12	business	business	NOUN
faba-11	557	13	analisys	analisys	NOUN
faba-11	557	14	20	20	NUM
faba-11	557	15	references	reference	NOUN
faba-11	557	16	admati	admati	PROPN
faba-11	557	17	,	,	PUNCT
faba-11	557	18	a.	a.	PROPN
faba-11	557	19	r.	r.	PROPN
faba-11	557	20	&	&	CCONJ
faba-11	557	21	pfleiderer	pfleiderer	PROPN
faba-11	557	22	.	.	PUNCT
faba-11	557	23	,	,	PUNCT
faba-11	558	1	p.	p.	NOUN
faba-11	558	2	(	(	PUNCT
faba-11	558	3	1988	1988	NUM
faba-11	558	4	)	)	PUNCT
faba-11	558	5	.	.	PUNCT
faba-11	559	1	a	a	DET
faba-11	559	2	theory	theory	NOUN
faba-11	559	3	of	of	ADP
faba-11	559	4	intraday	intraday	NOUN
faba-11	559	5	patterns	pattern	NOUN
faba-11	559	6	volume	volume	NOUN
faba-11	559	7	and	and	CCONJ
faba-11	559	8	price	price	NOUN
faba-11	559	9	variability	variability	NOUN
faba-11	559	10	.	.	PUNCT
faba-11	560	1	the	the	DET
faba-11	560	2	review	review	NOUN
faba-11	560	3	of	of	ADP
faba-11	560	4	financial	financial	ADJ
faba-11	560	5	studies	study	NOUN
faba-11	560	6	,	,	PUNCT
faba-11	560	7	1	1	NUM
faba-11	560	8	,	,	PUNCT
faba-11	560	9	3–40	3–40	PROPN
faba-11	560	10	.	.	PUNCT
faba-11	561	1	agmon	agmon	PROPN
faba-11	561	2	,	,	PUNCT
faba-11	561	3	t.	t.	PROPN
faba-11	561	4	(	(	PUNCT
faba-11	561	5	1972	1972	NUM
faba-11	561	6	)	)	PUNCT
faba-11	561	7	.	.	PUNCT
faba-11	562	1	the	the	DET
faba-11	562	2	relations	relation	NOUN
faba-11	562	3	among	among	ADP
faba-11	562	4	equity	equity	NOUN
faba-11	562	5	markets	market	NOUN
faba-11	562	6	:	:	PUNCT
faba-11	562	7	a	a	DET
faba-11	562	8	study	study	NOUN
faba-11	562	9	of	of	ADP
faba-11	562	10	share	share	NOUN
faba-11	562	11	price	price	NOUN
faba-11	562	12	co	co	NOUN
faba-11	562	13	-	-	NOUN
faba-11	562	14	movement	movement	NOUN
faba-11	562	15	in	in	ADP
faba-11	562	16	the	the	DET
faba-11	562	17	united	united	PROPN
faba-11	562	18	states	states	PROPN
faba-11	562	19	,	,	PUNCT
faba-11	562	20	united	united	ADJ
faba-11	562	21	kingdom	kingdom	PROPN
faba-11	562	22	,	,	PUNCT
faba-11	562	23	germany	germany	PROPN
faba-11	562	24	and	and	CCONJ
faba-11	562	25	japan	japan	PROPN
faba-11	562	26	,	,	PUNCT
faba-11	562	27	the	the	DET
faba-11	562	28	journal	journal	NOUN
faba-11	562	29	of	of	ADP
faba-11	562	30	finance	finance	NOUN
faba-11	562	31	,	,	PUNCT
faba-11	562	32	27	27	NUM
faba-11	562	33	,	,	PUNCT
faba-11	562	34	839	839	NUM
faba-11	562	35	-	-	SYM
faba-11	562	36	855	855	NUM
faba-11	562	37	.	.	PUNCT
faba-11	563	1	agmon	agmon	PROPN
faba-11	563	2	,	,	PUNCT
faba-11	563	3	t.	t.	PROPN
faba-11	563	4	(	(	PUNCT
faba-11	563	5	1974	1974	NUM
faba-11	563	6	)	)	PUNCT
faba-11	563	7	.	.	PUNCT
faba-11	564	1	the	the	DET
faba-11	564	2	relationship	relationship	NOUN
faba-11	564	3	among	among	ADP
faba-11	564	4	equity	equity	NOUN
faba-11	564	5	markets	market	NOUN
faba-11	564	6	:	:	PUNCT
faba-11	564	7	reply	reply	NOUN
faba-11	564	8	.	.	PUNCT
faba-11	565	1	the	the	DET
faba-11	565	2	journal	journal	PROPN
faba-11	565	3	of	of	ADP
faba-11	565	4	finance	finance	NOUN
faba-11	565	5	,	,	PUNCT
faba-11	565	6	29	29	NUM
faba-11	565	7	,	,	PUNCT
faba-11	565	8	1318–1319	1318–1319	NUM
faba-11	565	9	.	.	PUNCT
faba-11	566	1	ahmed	ahmed	PROPN
faba-11	566	2	,	,	PUNCT
faba-11	566	3	h.	h.	PROPN
faba-11	566	4	j.	j.	PROPN
faba-11	566	5	i.	i.	PROPN
faba-11	566	6	,	,	PUNCT
faba-11	566	7	hassan	hassan	PROPN
faba-11	566	8	,	,	PUNCT
faba-11	566	9	a.	a.	PROPN
faba-11	566	10	&	&	CCONJ
faba-11	566	11	nasir	nasir	PROPN
faba-11	566	12	,	,	PUNCT
faba-11	566	13	m.	m.	NOUN
faba-11	566	14	a.	a.	NOUN
faba-11	566	15	(	(	PUNCT
faba-11	566	16	2005	2005	NUM
faba-11	566	17	)	)	PUNCT
faba-11	566	18	.	.	PUNCT
faba-11	567	1	the	the	DET
faba-11	567	2	relationship	relationship	NOUN
faba-11	567	3	between	between	ADP
faba-11	567	4	trading	trading	NOUN
faba-11	567	5	volume	volume	NOUN
faba-11	567	6	,	,	PUNCT
faba-11	567	7	volatility	volatility	NOUN
faba-11	567	8	and	and	CCONJ
faba-11	567	9	stock	stock	NOUN
faba-11	567	10	market	market	NOUN
faba-11	567	11	returns	return	NOUN
faba-11	567	12	:	:	PUNCT
faba-11	567	13	a	a	DET
faba-11	567	14	test	test	NOUN
faba-11	567	15	of	of	ADP
faba-11	567	16	mixed	mixed	ADJ
faba-11	567	17	distribution	distribution	NOUN
faba-11	567	18	hypothesis	hypothesis	NOUN
faba-11	567	19	for	for	ADP
faba-11	567	20	a	a	DET
faba-11	567	21	preand	preand	NOUN
faba-11	567	22	post	post	NOUN
faba-11	567	23	-	-	NOUN
faba-11	567	24	crisis	crisis	NOUN
faba-11	567	25	on	on	ADP
faba-11	567	26	kuala	kuala	PROPN
faba-11	567	27	lumpur	lumpur	PROPN
faba-11	567	28	stock	stock	PROPN
faba-11	567	29	exchange	exchange	PROPN
faba-11	567	30	.	.	PUNCT
faba-11	568	1	investment	investment	NOUN
faba-11	568	2	management	management	NOUN
faba-11	568	3	and	and	CCONJ
faba-11	568	4	financial	financial	ADJ
faba-11	568	5	innovations	innovation	NOUN
faba-11	568	6	,	,	PUNCT
faba-11	568	7	3	3	X
faba-11	568	8	.	.	X
faba-11	568	9	asghar	asghar	PROPN
faba-11	568	10	,	,	PUNCT
faba-11	568	11	n.	n.	PROPN
faba-11	568	12	(	(	PUNCT
faba-11	568	13	2011	2011	NUM
faba-11	568	14	)	)	PUNCT
faba-11	568	15	.	.	PUNCT
faba-11	569	1	the	the	DET
faba-11	569	2	empirical	empirical	ADJ
faba-11	569	3	relationship	relationship	NOUN
faba-11	569	4	between	between	ADP
faba-11	569	5	stock	stock	NOUN
faba-11	569	6	returns	return	NOUN
faba-11	569	7	and	and	CCONJ
faba-11	569	8	trading	trading	NOUN
faba-11	569	9	volume	volume	NOUN
faba-11	569	10	in	in	ADP
faba-11	569	11	pakistan	pakistan	PROPN
faba-11	569	12	(	(	PUNCT
faba-11	569	13	2000	2000	NUM
faba-11	569	14	–	–	PUNCT
faba-11	569	15	2006	2006	NUM
faba-11	569	16	)	)	PUNCT
faba-11	569	17	.	.	PUNCT
faba-11	570	1	interdisciplinary	interdisciplinary	ADJ
faba-11	570	2	journal	journal	NOUN
faba-11	570	3	of	of	ADP
faba-11	570	4	contemporary	contemporary	ADJ
faba-11	570	5	research	research	NOUN
faba-11	570	6	in	in	ADP
faba-11	570	7	business	business	NOUN
faba-11	570	8	,	,	PUNCT
faba-11	570	9	3(2	3(2	NUM
faba-11	570	10	)	)	PUNCT
faba-11	570	11	.	.	PUNCT
faba-11	571	1	bauer	bauer	PROPN
faba-11	571	2	,	,	PUNCT
faba-11	571	3	r.	r.	PROPN
faba-11	571	4	&	&	CCONJ
faba-11	571	5	nieuwland	nieuwland	PROPN
faba-11	571	6	,	,	PUNCT
faba-11	571	7	f.	f.	PROPN
faba-11	571	8	(	(	PUNCT
faba-11	571	9	1995	1995	NUM
faba-11	571	10	)	)	PUNCT
faba-11	571	11	.	.	PUNCT
faba-11	572	1	a	a	DET
faba-11	572	2	multiplicative	multiplicative	ADJ
faba-11	572	3	model	model	NOUN
faba-11	572	4	for	for	ADP
faba-11	572	5	volume	volume	NOUN
faba-11	572	6	and	and	CCONJ
faba-11	572	7	volatility	volatility	NOUN
faba-11	572	8	.	.	PUNCT
faba-11	573	1	applied	apply	VERB
faba-11	573	2	mathematical	mathematical	ADJ
faba-11	573	3	finance	finance	NOUN
faba-11	573	4	,	,	PUNCT
faba-11	573	5	2	2	NUM
faba-11	573	6	,	,	PUNCT
faba-11	573	7	135	135	NUM
faba-11	573	8	-	-	SYM
faba-11	573	9	154	154	NUM
faba-11	573	10	.	.	PUNCT
faba-11	574	1	blume	blume	PROPN
faba-11	574	2	,	,	PUNCT
faba-11	574	3	l.	l.	PROPN
faba-11	574	4	,	,	PUNCT
faba-11	574	5	easley	easley	PROPN
faba-11	574	6	,	,	PUNCT
faba-11	574	7	d.	d.	PROPN
faba-11	574	8	&	&	CCONJ
faba-11	574	9	o’hara	o’hara	PROPN
faba-11	574	10	,	,	PUNCT
faba-11	574	11	m.	m.	NOUN
faba-11	574	12	(	(	PUNCT
faba-11	574	13	1994	1994	NUM
faba-11	574	14	)	)	PUNCT
faba-11	574	15	.	.	PUNCT
faba-11	575	1	market	market	NOUN
faba-11	575	2	statistics	statistic	NOUN
faba-11	575	3	and	and	CCONJ
faba-11	575	4	technical	technical	ADJ
faba-11	575	5	analysis	analysis	NOUN
faba-11	575	6	:	:	PUNCT
faba-11	575	7	the	the	DET
faba-11	575	8	role	role	NOUN
faba-11	575	9	of	of	ADP
faba-11	575	10	volume	volume	NOUN
faba-11	575	11	.	.	PUNCT
faba-11	576	1	journal	journal	PROPN
faba-11	576	2	of	of	ADP
faba-11	576	3	finance	finance	NOUN
faba-11	576	4	,	,	PUNCT
faba-11	576	5	49	49	NUM
faba-11	576	6	,	,	PUNCT
faba-11	576	7	153	153	NUM
faba-11	576	8	-	-	SYM
faba-11	576	9	181	181	NUM
faba-11	576	10	.	.	PUNCT
faba-11	577	1	campbell	campbell	PROPN
faba-11	577	2	.	.	PUNCT
faba-11	578	1	y.	y.	PROPN
faba-11	578	2	j.	j.	PROPN
faba-11	578	3	,	,	PUNCT
faba-11	578	4	grossman	grossman	PROPN
faba-11	578	5	,	,	PUNCT
faba-11	578	6	s.	s.	PROPN
faba-11	578	7	j.	j.	PROPN
faba-11	578	8	&	&	CCONJ
faba-11	578	9	wang	wang	PROPN
faba-11	578	10	,	,	PUNCT
faba-11	578	11	j.	j.	PROPN
faba-11	578	12	(	(	PUNCT
faba-11	578	13	1993	1993	NUM
faba-11	578	14	)	)	PUNCT
faba-11	578	15	.	.	PUNCT
faba-11	579	1	trading	trading	NOUN
faba-11	579	2	volume	volume	NOUN
faba-11	579	3	and	and	CCONJ
faba-11	579	4	serial	serial	ADJ
faba-11	579	5	correlation	correlation	NOUN
faba-11	579	6	in	in	ADP
faba-11	579	7	stock	stock	NOUN
faba-11	579	8	returns	return	NOUN
faba-11	579	9	.	.	PUNCT
faba-11	580	1	quarterly	quarterly	ADJ
faba-11	580	2	journal	journal	NOUN
faba-11	580	3	of	of	ADP
faba-11	580	4	economics	economic	NOUN
faba-11	580	5	,	,	PUNCT
faba-11	580	6	108(4	108(4	NUM
faba-11	580	7	)	)	PUNCT
faba-11	580	8	,	,	PUNCT
faba-11	580	9	905939	905939	NUM
faba-11	580	10	.	.	PUNCT
faba-11	581	1	çelik	çelik	PROPN
faba-11	581	2	,	,	PUNCT
faba-11	581	3	s.	s.	PROPN
faba-11	581	4	(	(	PUNCT
faba-11	581	5	2013	2013	NUM
faba-11	581	6	)	)	PUNCT
faba-11	581	7	.	.	PUNCT
faba-11	582	1	new	new	ADJ
faba-11	582	2	evidence	evidence	NOUN
faba-11	582	3	on	on	ADP
faba-11	582	4	the	the	DET
faba-11	582	5	relation	relation	NOUN
faba-11	582	6	between	between	ADP
faba-11	582	7	trading	trading	NOUN
faba-11	582	8	volume	volume	NOUN
faba-11	582	9	and	and	CCONJ
faba-11	582	10	volatility	volatility	NOUN
faba-11	582	11	.	.	PUNCT
faba-11	583	1	business	business	NOUN
faba-11	583	2	and	and	CCONJ
faba-11	583	3	economic	economic	ADJ
faba-11	583	4	research	research	NOUN
faba-11	583	5	,	,	PUNCT
faba-11	583	6	3(1	3(1	NUM
faba-11	583	7	)	)	PUNCT
faba-11	583	8	.	.	PUNCT
faba-11	584	1	chen	chen	PROPN
faba-11	584	2	,	,	PUNCT
faba-11	584	3	g.	g.	PROPN
faba-11	584	4	,	,	PUNCT
faba-11	584	5	firth	firth	PROPN
faba-11	584	6	,	,	PUNCT
faba-11	584	7	m.	m.	PROPN
faba-11	584	8	&	&	CCONJ
faba-11	584	9	rui	rui	PROPN
faba-11	584	10	,	,	PUNCT
faba-11	584	11	o.	o.	PROPN
faba-11	584	12	(	(	PUNCT
faba-11	584	13	2001	2001	NUM
faba-11	584	14	)	)	PUNCT
faba-11	584	15	.	.	PUNCT
faba-11	585	1	the	the	DET
faba-11	585	2	dynamic	dynamic	ADJ
faba-11	585	3	relation	relation	NOUN
faba-11	585	4	between	between	ADP
faba-11	585	5	stock	stock	NOUN
faba-11	585	6	returns	return	NOUN
faba-11	585	7	,	,	PUNCT
faba-11	585	8	trading	trading	NOUN
faba-11	585	9	volume	volume	NOUN
faba-11	585	10	and	and	CCONJ
faba-11	585	11	volatility	volatility	NOUN
faba-11	585	12	.	.	PUNCT
faba-11	586	1	the	the	DET
faba-11	586	2	financial	financial	PROPN
faba-11	586	3	review	review	NOUN
faba-11	586	4	,	,	PUNCT
faba-11	586	5	38	38	NUM
faba-11	586	6	,	,	PUNCT
faba-11	586	7	153	153	NUM
faba-11	586	8	-	-	SYM
faba-11	586	9	174	174	NUM
faba-11	586	10	.	.	PUNCT
faba-11	587	1	choi	choi	NOUN
faba-11	587	2	,	,	PUNCT
faba-11	587	3	k.	k.	PROPN
faba-11	587	4	h.	h.	PROPN
faba-11	587	5	,	,	PUNCT
faba-11	587	6	yoon	yoon	PROPN
faba-11	587	7	,	,	PUNCT
faba-11	587	8	s.	s.	PROPN
faba-11	587	9	m.	m.	PROPN
faba-11	587	10	,	,	PUNCT
faba-11	587	11	&	&	CCONJ
faba-11	587	12	kang	kang	PROPN
faba-11	587	13	,	,	PUNCT
faba-11	587	14	s.	s.	PROPN
faba-11	587	15	h.	h.	PROPN
faba-11	587	16	(	(	PUNCT
faba-11	587	17	2013	2013	NUM
faba-11	587	18	)	)	PUNCT
faba-11	587	19	.	.	PUNCT
faba-11	588	1	relationship	relationship	NOUN
faba-11	588	2	between	between	ADP
faba-11	588	3	stock	stock	NOUN
faba-11	588	4	returns	return	NOUN
faba-11	588	5	and	and	CCONJ
faba-11	588	6	trading	trading	NOUN
faba-11	588	7	volume	volume	NOUN
faba-11	588	8	:	:	PUNCT
faba-11	588	9	domestic	domestic	ADJ
faba-11	588	10	and	and	CCONJ
faba-11	588	11	cross	cross	ADJ
faba-11	588	12	-	-	ADJ
faba-11	588	13	country	country	ADJ
faba-11	588	14	evidence	evidence	NOUN
faba-11	588	15	in	in	ADP
faba-11	588	16	asian	asian	ADJ
faba-11	588	17	stock	stock	NOUN
faba-11	588	18	markets	market	NOUN
faba-11	588	19	.	.	PUNCT
faba-11	589	1	proceedings	proceeding	NOUN
faba-11	589	2	of	of	ADP
faba-11	589	3	the	the	DET
faba-11	589	4	2013	2013	NUM
faba-11	589	5	international	international	ADJ
faba-11	589	6	conference	conference	NOUN
faba-11	589	7	on	on	ADP
faba-11	589	8	economics	economic	NOUN
faba-11	589	9	and	and	CCONJ
faba-11	589	10	business	business	NOUN
faba-11	589	11	administration	administration	NOUN
faba-11	589	12	.	.	PUNCT
faba-11	590	1	chordia	chordia	NOUN
faba-11	590	2	,	,	PUNCT
faba-11	590	3	t.	t.	PROPN
faba-11	590	4	&	&	CCONJ
faba-11	590	5	swaminathan	swaminathan	PROPN
faba-11	590	6	,	,	PUNCT
faba-11	590	7	b.	b.	PROPN
faba-11	590	8	(	(	PUNCT
faba-11	590	9	2000	2000	NUM
faba-11	590	10	)	)	PUNCT
faba-11	590	11	.	.	PUNCT
faba-11	591	1	trading	trading	NOUN
faba-11	591	2	volume	volume	NOUN
faba-11	591	3	and	and	CCONJ
faba-11	591	4	cross	cross	NOUN
faba-11	591	5	-	-	NOUN
faba-11	591	6	autocorrelations	autocorrelation	NOUN
faba-11	591	7	in	in	ADP
faba-11	591	8	stock	stock	NOUN
faba-11	591	9	returns	return	NOUN
faba-11	591	10	.	.	PUNCT
faba-11	592	1	the	the	DET
faba-11	592	2	journal	journal	PROPN
faba-11	592	3	of	of	ADP
faba-11	592	4	finance	finance	NOUN
faba-11	592	5	,	,	PUNCT
faba-11	592	6	55	55	NUM
faba-11	592	7	,	,	PUNCT
faba-11	592	8	913	913	NUM
faba-11	592	9	-	-	SYM
faba-11	592	10	935	935	NUM
faba-11	592	11	.	.	PUNCT
faba-11	592	12	choudhry	choudhry	NOUN
faba-11	592	13	,	,	PUNCT
faba-11	592	14	t.	t.	PROPN
faba-11	592	15	(	(	PUNCT
faba-11	592	16	1996	1996	NUM
faba-11	592	17	)	)	PUNCT
faba-11	592	18	.	.	PUNCT
faba-11	593	1	stock	stock	NOUN
faba-11	593	2	market	market	NOUN
faba-11	593	3	volatility	volatility	NOUN
faba-11	593	4	and	and	CCONJ
faba-11	593	5	the	the	DET
faba-11	593	6	crash	crash	NOUN
faba-11	593	7	of	of	ADP
faba-11	593	8	1987	1987	NUM
faba-11	593	9	:	:	PUNCT
faba-11	593	10	evidence	evidence	NOUN
faba-11	593	11	from	from	ADP
faba-11	593	12	six	six	NUM
faba-11	593	13	emerging	emerge	VERB
faba-11	593	14	markets	market	NOUN
faba-11	593	15	.	.	PUNCT
faba-11	594	1	journal	journal	NOUN
faba-11	594	2	of	of	ADP
faba-11	594	3	international	international	ADJ
faba-11	594	4	money	money	NOUN
faba-11	594	5	and	and	CCONJ
faba-11	594	6	finance	finance	NOUN
faba-11	594	7	,	,	PUNCT
faba-11	594	8	15	15	NUM
faba-11	594	9	,	,	PUNCT
faba-11	594	10	969	969	NUM
faba-11	594	11	-	-	SYM
faba-11	594	12	981	981	NUM
faba-11	594	13	.	.	PUNCT
faba-11	594	14	clark	clark	PROPN
faba-11	594	15	,	,	PUNCT
faba-11	594	16	p.	p.	NOUN
faba-11	594	17	(	(	PUNCT
faba-11	594	18	1973	1973	NUM
faba-11	594	19	)	)	PUNCT
faba-11	594	20	.	.	PUNCT
faba-11	595	1	a	a	DET
faba-11	595	2	subordinated	subordinated	ADJ
faba-11	595	3	stochastic	stochastic	ADJ
faba-11	595	4	process	process	NOUN
faba-11	595	5	model	model	NOUN
faba-11	595	6	with	with	ADP
faba-11	595	7	finite	finite	ADJ
faba-11	595	8	variances	variance	NOUN
faba-11	595	9	for	for	ADP
faba-11	595	10	speculative	speculative	ADJ
faba-11	595	11	prices	price	NOUN
faba-11	595	12	.	.	PUNCT
faba-11	596	1	econometrica	econometrica	PROPN
faba-11	596	2	,	,	PUNCT
faba-11	596	3	41	41	NUM
faba-11	596	4	,	,	PUNCT
faba-11	596	5	135	135	NUM
faba-11	596	6	-	-	SYM
faba-11	596	7	155	155	NUM
faba-11	596	8	.	.	PUNCT
faba-11	597	1	copeland	copeland	PROPN
faba-11	597	2	,	,	PUNCT
faba-11	597	3	t.	t.	PROPN
faba-11	597	4	(	(	PUNCT
faba-11	597	5	1976	1976	NUM
faba-11	597	6	)	)	PUNCT
faba-11	597	7	.	.	PUNCT
faba-11	598	1	a	a	DET
faba-11	598	2	model	model	NOUN
faba-11	598	3	of	of	ADP
faba-11	598	4	asset	asset	NOUN
faba-11	598	5	trading	trading	NOUN
faba-11	598	6	under	under	ADP
faba-11	598	7	the	the	DET
faba-11	598	8	assumption	assumption	NOUN
faba-11	598	9	of	of	ADP
faba-11	598	10	sequential	sequential	ADJ
faba-11	598	11	information	information	NOUN
faba-11	598	12	arrival	arrival	NOUN
faba-11	598	13	,	,	PUNCT
faba-11	598	14	the	the	DET
faba-11	598	15	journal	journal	NOUN
faba-11	598	16	of	of	ADP
faba-11	598	17	finance	finance	NOUN
faba-11	598	18	,	,	PUNCT
faba-11	598	19	31,135	31,135	NUM
faba-11	598	20	-	-	SYM
faba-11	598	21	155	155	NUM
faba-11	598	22	.	.	PUNCT
faba-11	599	1	copeland	copeland	PROPN
faba-11	599	2	,	,	PUNCT
faba-11	599	3	m.	m.	PROPN
faba-11	599	4	&	&	CCONJ
faba-11	599	5	copeland	copeland	PROPN
faba-11	599	6	,	,	PUNCT
faba-11	599	7	t.	t.	PROPN
faba-11	599	8	(	(	PUNCT
faba-11	599	9	1998	1998	NUM
faba-11	599	10	)	)	PUNCT
faba-11	599	11	.	.	PUNCT
faba-11	600	1	leads	lead	NOUN
faba-11	600	2	,	,	PUNCT
faba-11	600	3	lags	lag	NOUN
faba-11	600	4	and	and	CCONJ
faba-11	600	5	trading	trading	NOUN
faba-11	600	6	in	in	ADP
faba-11	600	7	global	global	ADJ
faba-11	600	8	markets	market	NOUN
faba-11	600	9	.	.	PUNCT
faba-11	601	1	financial	financial	ADJ
faba-11	601	2	analysts	analyst	NOUN
faba-11	601	3	journal	journal	NOUN
faba-11	601	4	,	,	PUNCT
faba-11	601	5	70	70	NUM
faba-11	601	6	-	-	SYM
faba-11	601	7	80	80	NUM
faba-11	601	8	.	.	PUNCT
faba-11	602	1	dan	dan	PROPN
faba-11	602	2	,	,	PUNCT
faba-11	602	3	l.	l.	PROPN
faba-11	602	4	,	,	PUNCT
faba-11	602	5	yuan	yuan	PROPN
faba-11	602	6	,	,	PUNCT
faba-11	602	7	z.	z.	PROPN
faba-11	602	8	&	&	CCONJ
faba-11	602	9	zhong	zhong	PROPN
faba-11	602	10	,	,	PUNCT
faba-11	602	11	w.	w.	PROPN
faba-11	602	12	(	(	PUNCT
faba-11	602	13	2013	2013	NUM
faba-11	602	14	)	)	PUNCT
faba-11	602	15	.	.	PUNCT
faba-11	603	1	the	the	DET
faba-11	603	2	dynamic	dynamic	ADJ
faba-11	603	3	relationship	relationship	NOUN
faba-11	603	4	among	among	ADP
faba-11	603	5	return	return	NOUN
faba-11	603	6	,	,	PUNCT
faba-11	603	7	volatility	volatility	NOUN
faba-11	603	8	and	and	CCONJ
faba-11	603	9	trading	trading	NOUN
faba-11	603	10	volume	volume	NOUN
faba-11	603	11	in	in	ADP
faba-11	603	12	china	china	PROPN
faba-11	603	13	stock	stock	NOUN
faba-11	603	14	market	market	NOUN
faba-11	603	15	an	an	DET
faba-11	603	16	empirical	empirical	ADJ
faba-11	603	17	study	study	NOUN
faba-11	603	18	based	base	VERB
faba-11	603	19	on	on	ADP
faba-11	603	20	quantile	quantile	ADJ
faba-11	603	21	regression	regression	NOUN
faba-11	603	22	.	.	PUNCT
faba-11	604	1	management	management	NOUN
faba-11	604	2	&	&	CCONJ
faba-11	604	3	engineering	engineering	PROPN
faba-11	604	4	,	,	PUNCT
faba-11	604	5	12	12	NUM
faba-11	604	6	(	(	PUNCT
faba-11	604	7	2013	2013	NUM
faba-11	604	8	)	)	PUNCT
faba-11	604	9	1838	1838	NUM
faba-11	604	10	-	-	SYM
faba-11	604	11	5745	5745	NUM
faba-11	604	12	.	.	PUNCT
faba-11	605	1	doi	doi	NOUN
faba-11	605	2	:	:	PUNCT
faba-11	605	3	10.5503	10.5503	NUM
faba-11	605	4	/	/	SYM
faba-11	605	5	j.me.2013.12.008	j.me.2013.12.008	PROPN
faba-11	605	6	de	de	PROPN
faba-11	605	7	medeiros	medeiros	PROPN
faba-11	605	8	o.	o.	PROPN
faba-11	605	9	r.	r.	PROPN
faba-11	605	10	&	&	CCONJ
faba-11	605	11	van	van	PROPN
faba-11	605	12	doornik	doornik	PROPN
faba-11	605	13	b.	b.	PROPN
faba-11	605	14	f.	f.	PROPN
faba-11	605	15	n.	n.	PROPN
faba-11	605	16	(	(	PUNCT
faba-11	605	17	2006	2006	NUM
faba-11	605	18	)	)	PUNCT
faba-11	605	19	.	.	PUNCT
faba-11	606	1	the	the	DET
faba-11	606	2	empirical	empirical	ADJ
faba-11	606	3	relationship	relationship	NOUN
faba-11	606	4	between	between	ADP
faba-11	606	5	stock	stock	NOUN
faba-11	606	6	returns	return	NOUN
faba-11	606	7	,	,	PUNCT
faba-11	606	8	return	return	VERB
faba-11	606	9	volatility	volatility	NOUN
faba-11	606	10	and	and	CCONJ
faba-11	606	11	trading	trading	NOUN
faba-11	606	12	volume	volume	NOUN
faba-11	606	13	in	in	ADP
faba-11	606	14	the	the	DET
faba-11	606	15	brazilian	brazilian	ADJ
faba-11	606	16	stock	stock	NOUN
faba-11	606	17	market	market	NOUN
faba-11	606	18	.	.	PUNCT
faba-11	607	1	working	work	VERB
faba-11	607	2	paper	paper	NOUN
faba-11	607	3	series	series	NOUN
faba-11	607	4	,	,	PUNCT
faba-11	607	5	university	university	PROPN
faba-11	607	6	of	of	ADP
faba-11	607	7	brasilia	brasilia	PROPN
faba-11	607	8	.	.	PUNCT
faba-11	608	1	dickey	dickey	PROPN
faba-11	608	2	,	,	PUNCT
faba-11	608	3	d.	d.	PROPN
faba-11	608	4	a.	a.	PROPN
faba-11	608	5	&	&	CCONJ
faba-11	608	6	fuller	full	ADJ
faba-11	608	7	,	,	PUNCT
faba-11	608	8	w.	w.	PROPN
faba-11	608	9	a.	a.	PROPN
faba-11	608	10	(	(	PUNCT
faba-11	608	11	1979	1979	NUM
faba-11	608	12	)	)	PUNCT
faba-11	608	13	.	.	PUNCT
faba-11	609	1	distribution	distribution	NOUN
faba-11	609	2	of	of	ADP
faba-11	609	3	the	the	DET
faba-11	609	4	estimators	estimator	NOUN
faba-11	609	5	for	for	ADP
faba-11	609	6	autoregressive	autoregressive	ADJ
faba-11	609	7	time	time	NOUN
faba-11	609	8	series	series	NOUN
faba-11	609	9	with	with	ADP
faba-11	609	10	a	a	DET
faba-11	609	11	unit	unit	NOUN
faba-11	609	12	root	root	NOUN
faba-11	609	13	,	,	PUNCT
faba-11	609	14	journal	journal	NOUN
faba-11	609	15	of	of	ADP
faba-11	609	16	the	the	DET
faba-11	609	17	american	american	PROPN
faba-11	609	18	statistical	statistical	PROPN
faba-11	609	19	association	association	NOUN
faba-11	609	20	,	,	PUNCT
faba-11	609	21	74	74	NUM
faba-11	609	22	,	,	PUNCT
faba-11	609	23	427	427	NUM
faba-11	609	24	-	-	SYM
faba-11	609	25	431	431	NUM
faba-11	609	26	.	.	PUNCT
faba-11	610	1	epps	epps	PROPN
faba-11	610	2	,	,	PUNCT
faba-11	610	3	t.	t.	PROPN
faba-11	610	4	w.	w.	PROPN
faba-11	610	5	,	,	PUNCT
faba-11	610	6	&	&	CCONJ
faba-11	610	7	epps	epps	PROPN
faba-11	610	8	,	,	PUNCT
faba-11	610	9	m.	m.	PROPN
faba-11	610	10	l.	l.	PROPN
faba-11	610	11	(	(	PUNCT
faba-11	610	12	1976	1976	NUM
faba-11	610	13	)	)	PUNCT
faba-11	610	14	.	.	PUNCT
faba-11	611	1	the	the	DET
faba-11	611	2	stochastic	stochastic	ADJ
faba-11	611	3	dependence	dependence	NOUN
faba-11	611	4	of	of	ADP
faba-11	611	5	security	security	NOUN
faba-11	611	6	price	price	NOUN
faba-11	611	7	changes	change	NOUN
faba-11	611	8	and	and	CCONJ
faba-11	611	9	transaction	transaction	NOUN
faba-11	611	10	volumes	volume	NOUN
faba-11	611	11	:	:	PUNCT
faba-11	611	12	implications	implication	NOUN
faba-11	611	13	for	for	ADP
faba-11	611	14	the	the	DET
faba-11	611	15	mixture	mixture	NOUN
faba-11	611	16	of	of	ADP
faba-11	611	17	distributions	distribution	NOUN
faba-11	611	18	hypothesis	hypothesis	NOUN
faba-11	611	19	.	.	PUNCT
faba-11	612	1	econometrica	econometrica	PROPN
faba-11	612	2	,	,	PUNCT
faba-11	612	3	44	44	NUM
faba-11	612	4	,	,	PUNCT
faba-11	612	5	305	305	NUM
faba-11	612	6	-	-	SYM
faba-11	612	7	321	321	NUM
faba-11	612	8	.	.	PUNCT
faba-11	613	1	eun	eun	PROPN
faba-11	613	2	c.s	c.s	PROPN
faba-11	613	3	.	.	PROPN
faba-11	613	4	,	,	PUNCT
faba-11	613	5	&	&	CCONJ
faba-11	613	6	s.	s.	PROPN
faba-11	613	7	shim	shim	PROPN
faba-11	613	8	,	,	PUNCT
faba-11	613	9	(	(	PUNCT
faba-11	613	10	1989	1989	NUM
faba-11	613	11	)	)	PUNCT
faba-11	613	12	.	.	PUNCT
faba-11	614	1	international	international	ADJ
faba-11	614	2	transmission	transmission	NOUN
faba-11	614	3	of	of	ADP
faba-11	614	4	stock	stock	NOUN
faba-11	614	5	market	market	NOUN
faba-11	614	6	movements	movement	NOUN
faba-11	614	7	.	.	PUNCT
faba-11	615	1	journal	journal	NOUN
faba-11	615	2	of	of	ADP
faba-11	615	3	financial	financial	ADJ
faba-11	615	4	and	and	CCONJ
faba-11	615	5	quantitative	quantitative	ADJ
faba-11	615	6	analysis	analysis	NOUN
faba-11	615	7	,	,	PUNCT
faba-11	615	8	24	24	NUM
faba-11	615	9	,	,	PUNCT
faba-11	615	10	241	241	NUM
faba-11	615	11	-	-	SYM
faba-11	615	12	256	256	NUM
faba-11	615	13	.	.	PUNCT
faba-11	616	1	foster	foster	PROPN
faba-11	616	2	,	,	PUNCT
faba-11	616	3	a.	a.	PROPN
faba-11	616	4	j.	j.	PROPN
faba-11	616	5	(	(	PUNCT
faba-11	616	6	1995	1995	NUM
faba-11	616	7	)	)	PUNCT
faba-11	616	8	.	.	PUNCT
faba-11	617	1	volume	volume	NOUN
faba-11	617	2	-	-	PUNCT
faba-11	617	3	volatility	volatility	NOUN
faba-11	617	4	relationships	relationship	NOUN
faba-11	617	5	for	for	ADP
faba-11	617	6	crude	crude	ADJ
faba-11	617	7	oil	oil	NOUN
faba-11	617	8	futures	future	NOUN
faba-11	617	9	markets	market	NOUN
faba-11	617	10	.	.	PUNCT
faba-11	618	1	journal	journal	PROPN
faba-11	618	2	of	of	ADP
faba-11	618	3	futures	future	NOUN
faba-11	618	4	market	market	NOUN
faba-11	618	5	,	,	PUNCT
faba-11	618	6	15	15	NUM
faba-11	618	7	,	,	PUNCT
faba-11	618	8	929	929	NUM
faba-11	618	9	-	-	SYM
faba-11	618	10	951	951	NUM
faba-11	618	11	.	.	PUNCT
faba-11	619	1	gallant	gallant	NOUN
faba-11	619	2	,	,	PUNCT
faba-11	619	3	a.	a.	PROPN
faba-11	619	4	r.	r.	PROPN
faba-11	619	5	,	,	PUNCT
faba-11	619	6	rossi	rossi	ADJ
faba-11	619	7	,	,	PUNCT
faba-11	619	8	p.	p.	PROPN
faba-11	619	9	e.	e.	PROPN
faba-11	619	10	&	&	CCONJ
faba-11	619	11	tauchen	tauchen	PROPN
faba-11	619	12	,	,	PUNCT
faba-11	619	13	g.	g.	PROPN
faba-11	619	14	(	(	PUNCT
faba-11	619	15	1992	1992	NUM
faba-11	619	16	)	)	PUNCT
faba-11	619	17	.	.	PUNCT
faba-11	620	1	stock	stock	NOUN
faba-11	620	2	prices	price	NOUN
faba-11	620	3	and	and	CCONJ
faba-11	620	4	volume	volume	NOUN
faba-11	620	5	.	.	PUNCT
faba-11	621	1	review	review	NOUN
faba-11	621	2	of	of	ADP
faba-11	621	3	financial	financial	ADJ
faba-11	621	4	studies	study	NOUN
faba-11	621	5	,	,	PUNCT
faba-11	621	6	5	5	NUM
faba-11	621	7	,	,	PUNCT
faba-11	621	8	199	199	NUM
faba-11	621	9	-	-	SYM
faba-11	621	10	242	242	NUM
faba-11	621	11	.	.	PUNCT
faba-11	622	1	granger	granger	PROPN
faba-11	622	2	,	,	PUNCT
faba-11	622	3	c.	c.	PROPN
faba-11	622	4	w.	w.	PROPN
faba-11	622	5	j.	j.	PROPN
faba-11	622	6	&	&	CCONJ
faba-11	622	7	morgenstern	morgenstern	PROPN
faba-11	622	8	,	,	PUNCT
faba-11	622	9	o.	o.	PROPN
faba-11	622	10	(	(	PUNCT
faba-11	622	11	1963	1963	NUM
faba-11	622	12	)	)	PUNCT
faba-11	622	13	.	.	PUNCT
faba-11	623	1	spectral	spectral	ADJ
faba-11	623	2	analysis	analysis	NOUN
faba-11	623	3	of	of	ADP
faba-11	623	4	new	new	PROPN
faba-11	623	5	york	york	PROPN
faba-11	623	6	stock	stock	NOUN
faba-11	623	7	market	market	NOUN
faba-11	623	8	prices	price	NOUN
faba-11	623	9	.	.	PUNCT
faba-11	624	1	kyklos	kyklo	NOUN
faba-11	624	2	,	,	PUNCT
faba-11	624	3	16	16	NUM
faba-11	624	4	(	(	PUNCT
faba-11	624	5	1	1	NUM
faba-11	624	6	)	)	PUNCT
faba-11	624	7	,	,	PUNCT
faba-11	624	8	1	1	NUM
faba-11	624	9	-	-	SYM
faba-11	624	10	27	27	NUM
faba-11	624	11	.	.	PUNCT
faba-11	625	1	granger	granger	PROPN
faba-11	625	2	,	,	PUNCT
faba-11	625	3	c.	c.	PROPN
faba-11	625	4	(	(	PUNCT
faba-11	625	5	1969	1969	NUM
faba-11	625	6	)	)	PUNCT
faba-11	625	7	.	.	PUNCT
faba-11	626	1	investigating	investigate	VERB
faba-11	626	2	causal	causal	ADJ
faba-11	626	3	relations	relation	NOUN
faba-11	626	4	by	by	ADP
faba-11	626	5	econometric	econometric	ADJ
faba-11	626	6	models	model	NOUN
faba-11	626	7	and	and	CCONJ
faba-11	626	8	cross	cross	ADJ
faba-11	626	9	-	-	ADJ
faba-11	626	10	spectral	spectral	ADJ
faba-11	626	11	methods	method	NOUN
faba-11	626	12	.	.	PUNCT
faba-11	627	1	econometrica	econometrica	PROPN
faba-11	627	2	,	,	PUNCT
faba-11	627	3	37	37	NUM
faba-11	627	4	,	,	PUNCT
faba-11	627	5	424	424	NUM
faba-11	627	6	-	-	SYM
faba-11	627	7	438	438	NUM
faba-11	627	8	.	.	PUNCT
faba-11	628	1	hamao	hamao	PROPN
faba-11	628	2	y.	y.	PROPN
faba-11	628	3	,	,	PUNCT
faba-11	628	4	masulis	masulis	PROPN
faba-11	628	5	,	,	PUNCT
faba-11	628	6	r.w	r.w	PROPN
faba-11	628	7	.	.	PROPN
faba-11	628	8	&	&	CCONJ
faba-11	628	9	ng	ng	PROPN
faba-11	628	10	,	,	PUNCT
faba-11	628	11	v.	v.	PROPN
faba-11	628	12	(	(	PUNCT
faba-11	628	13	1990	1990	NUM
faba-11	628	14	)	)	PUNCT
faba-11	628	15	.	.	PUNCT
faba-11	629	1	correlations	correlation	NOUN
faba-11	629	2	in	in	ADP
faba-11	629	3	price	price	NOUN
faba-11	629	4	changes	change	NOUN
faba-11	629	5	and	and	CCONJ
faba-11	629	6	volatility	volatility	NOUN
faba-11	629	7	across	across	ADP
faba-11	629	8	international	international	ADJ
faba-11	629	9	stock	stock	NOUN
faba-11	629	10	markets	market	NOUN
faba-11	629	11	.	.	PUNCT
faba-11	630	1	review	review	NOUN
faba-11	630	2	of	of	ADP
faba-11	630	3	financial	financial	ADJ
faba-11	630	4	studies	study	NOUN
faba-11	630	5	,	,	PUNCT
faba-11	630	6	3	3	NUM
faba-11	630	7	,	,	PUNCT
faba-11	630	8	281	281	NUM
faba-11	630	9	-	-	SYM
faba-11	630	10	307	307	NUM
faba-11	630	11	.	.	PUNCT
faba-11	631	1	harris	harris	PROPN
faba-11	631	2	,	,	PUNCT
faba-11	631	3	l.	l.	PROPN
faba-11	631	4	(	(	PUNCT
faba-11	631	5	1986	1986	NUM
faba-11	631	6	)	)	PUNCT
faba-11	631	7	.	.	PUNCT
faba-11	632	1	cross	cross	ADJ
faba-11	632	2	-	-	ADJ
faba-11	632	3	security	security	ADJ
faba-11	632	4	tests	test	NOUN
faba-11	632	5	of	of	ADP
faba-11	632	6	the	the	DET
faba-11	632	7	mixture	mixture	NOUN
faba-11	632	8	of	of	ADP
faba-11	632	9	distributions	distribution	NOUN
faba-11	632	10	hypothesis	hypothesis	NOUN
faba-11	632	11	.	.	PUNCT
faba-11	633	1	journal	journal	PROPN
faba-11	633	2	financial	financial	ADJ
faba-11	633	3	and	and	CCONJ
faba-11	633	4	quantitative	quantitative	ADJ
faba-11	633	5	analysis	analysis	NOUN
faba-11	633	6	,	,	PUNCT
faba-11	633	7	21(1	21(1	NUM
faba-11	633	8	)	)	PUNCT
faba-11	633	9	,	,	PUNCT
faba-11	633	10	39–46	39–46	NUM
faba-11	633	11	.	.	PUNCT
faba-11	634	1	harris	harris	PROPN
faba-11	634	2	,	,	PUNCT
faba-11	634	3	m.	m.	PROPN
faba-11	634	4	&	&	CCONJ
faba-11	634	5	a.	a.	PROPN
faba-11	634	6	raviv	raviv	PROPN
faba-11	634	7	,	,	PUNCT
faba-11	634	8	(	(	PUNCT
faba-11	634	9	1993	1993	NUM
faba-11	634	10	)	)	PUNCT
faba-11	634	11	.	.	PUNCT
faba-11	635	1	differences	difference	NOUN
faba-11	635	2	of	of	ADP
faba-11	635	3	opinion	opinion	NOUN
faba-11	635	4	make	make	VERB
faba-11	635	5	a	a	DET
faba-11	635	6	horse	horse	NOUN
faba-11	635	7	race	race	NOUN
faba-11	635	8	.	.	PUNCT
faba-11	636	1	the	the	DET
faba-11	636	2	review	review	NOUN
faba-11	636	3	of	of	ADP
faba-11	636	4	financial	financial	ADJ
faba-11	636	5	studies	study	NOUN
faba-11	636	6	,	,	PUNCT
faba-11	636	7	6	6	NUM
faba-11	636	8	,	,	PUNCT
faba-11	636	9	m.r	m.r	PROPN
faba-11	636	10	.	.	PROPN
faba-11	636	11	miseman	miseman	PROPN
faba-11	636	12	et	et	PROPN
faba-11	636	13	al	al	PROPN
faba-11	636	14	.	.	PUNCT
faba-11	636	15	/	/	SYM
faba-11	636	16	finance	finance	NOUN
faba-11	636	17	,	,	PUNCT
faba-11	636	18	accounting	accounting	NOUN
faba-11	636	19	and	and	CCONJ
faba-11	636	20	business	business	NOUN
faba-11	636	21	analisys	analisys	PROPN
faba-11	636	22	21	21	NUM
faba-11	636	23	473–506	473–506	NUM
faba-11	636	24	.	.	PUNCT
faba-11	637	1	harvey	harvey	PROPN
faba-11	637	2	,	,	PUNCT
faba-11	637	3	c.	c.	PROPN
faba-11	637	4	r.	r.	PROPN
faba-11	637	5	(	(	PUNCT
faba-11	637	6	1995	1995	NUM
faba-11	637	7	)	)	PUNCT
faba-11	637	8	.	.	PUNCT
faba-11	638	1	predictable	predictable	ADJ
faba-11	638	2	risk	risk	NOUN
faba-11	638	3	and	and	CCONJ
faba-11	638	4	returns	return	NOUN
faba-11	638	5	in	in	ADP
faba-11	638	6	emerging	emerge	VERB
faba-11	638	7	markets	market	NOUN
faba-11	638	8	.	.	PUNCT
faba-11	639	1	review	review	NOUN
faba-11	639	2	of	of	ADP
faba-11	639	3	financial	financial	ADJ
faba-11	639	4	studies	study	NOUN
faba-11	639	5	,	,	PUNCT
faba-11	639	6	8	8	NUM
faba-11	639	7	,	,	PUNCT
faba-11	639	8	773816	773816	NUM
faba-11	639	9	.	.	PUNCT
faba-11	640	1	he	he	PRON
faba-11	640	2	,	,	PUNCT
faba-11	640	3	h.	h.	PROPN
faba-11	640	4	&	&	CCONJ
faba-11	640	5	j.	j.	PROPN
faba-11	640	6	wang	wang	PROPN
faba-11	640	7	.	.	PUNCT
faba-11	641	1	(	(	PUNCT
faba-11	641	2	1995	1995	NUM
faba-11	641	3	)	)	PUNCT
faba-11	641	4	.	.	PUNCT
faba-11	642	1	differential	differential	ADJ
faba-11	642	2	information	information	NOUN
faba-11	642	3	and	and	CCONJ
faba-11	642	4	dynamic	dynamic	ADJ
faba-11	642	5	behavior	behavior	NOUN
faba-11	642	6	of	of	ADP
faba-11	642	7	stock	stock	NOUN
faba-11	642	8	trading	trading	NOUN
faba-11	642	9	volume	volume	NOUN
faba-11	642	10	.	.	PUNCT
faba-11	643	1	review	review	NOUN
faba-11	643	2	of	of	ADP
faba-11	643	3	financial	financial	ADJ
faba-11	643	4	studies	study	NOUN
faba-11	643	5	,	,	PUNCT
faba-11	643	6	8	8	NUM
faba-11	643	7	,	,	PUNCT
faba-11	643	8	919–972	919–972	NUM
faba-11	643	9	.	.	PUNCT
faba-11	644	1	huang	huang	PROPN
faba-11	644	2	,	,	PUNCT
faba-11	644	3	b.	b.	PROPN
faba-11	644	4	&	&	CCONJ
faba-11	644	5	yang	yang	PROPN
faba-11	644	6	,	,	PUNCT
faba-11	644	7	c.	c.	PROPN
faba-11	644	8	w.	w.	PROPN
faba-11	644	9	(	(	PUNCT
faba-11	644	10	2001	2001	NUM
faba-11	644	11	)	)	PUNCT
faba-11	644	12	.	.	PUNCT
faba-11	645	1	an	an	DET
faba-11	645	2	empirical	empirical	ADJ
faba-11	645	3	investigation	investigation	NOUN
faba-11	645	4	of	of	ADP
faba-11	645	5	trading	trading	NOUN
faba-11	645	6	volume	volume	NOUN
faba-11	645	7	and	and	CCONJ
faba-11	645	8	return	return	VERB
faba-11	645	9	volatility	volatility	NOUN
faba-11	645	10	of	of	ADP
faba-11	645	11	the	the	DET
faba-11	645	12	taiwan	taiwan	PROPN
faba-11	645	13	stock	stock	NOUN
faba-11	645	14	market	market	NOUN
faba-11	645	15	.	.	PUNCT
faba-11	646	1	global	global	ADJ
faba-11	646	2	finance	finance	PROPN
faba-11	646	3	journal	journal	NOUN
faba-11	646	4	,	,	PUNCT
faba-11	646	5	12	12	NUM
faba-11	646	6	,	,	PUNCT
faba-11	646	7	55	55	NUM
faba-11	646	8	-	-	SYM
faba-11	646	9	77	77	NUM
faba-11	646	10	.	.	PUNCT
faba-11	647	1	jaffe	jaffe	PROPN
faba-11	647	2	,	,	PUNCT
faba-11	647	3	j.	j.	PROPN
faba-11	647	4	&	&	CCONJ
faba-11	647	5	westerfield	westerfield	PROPN
faba-11	647	6	,	,	PUNCT
faba-11	647	7	r.	r.	PROPN
faba-11	647	8	(	(	PUNCT
faba-11	647	9	1985	1985	NUM
faba-11	647	10	)	)	PUNCT
faba-11	647	11	.	.	PUNCT
faba-11	648	1	patterns	pattern	NOUN
faba-11	648	2	in	in	ADP
faba-11	648	3	japanese	japanese	ADJ
faba-11	648	4	common	common	ADJ
faba-11	648	5	stock	stock	NOUN
faba-11	648	6	returns	return	NOUN
faba-11	648	7	:	:	PUNCT
faba-11	648	8	day	day	NOUN
faba-11	648	9	of	of	ADP
faba-11	648	10	week	week	NOUN
faba-11	648	11	and	and	CCONJ
faba-11	648	12	turn	turn	NOUN
faba-11	648	13	of	of	ADP
faba-11	648	14	the	the	DET
faba-11	648	15	year	year	NOUN
faba-11	648	16	effects	effect	NOUN
faba-11	648	17	.	.	PUNCT
faba-11	649	1	journal	journal	NOUN
faba-11	649	2	of	of	ADP
faba-11	649	3	financial	financial	ADJ
faba-11	649	4	and	and	CCONJ
faba-11	649	5	quantitative	quantitative	ADJ
faba-11	649	6	analysis	analysis	NOUN
faba-11	649	7	,	,	PUNCT
faba-11	649	8	20	20	NUM
faba-11	649	9	,	,	PUNCT
faba-11	649	10	261	261	NUM
faba-11	649	11	-	-	SYM
faba-11	649	12	272	272	NUM
faba-11	649	13	.	.	PUNCT
faba-11	650	1	jennings	jennings	PROPN
faba-11	650	2	,	,	PUNCT
faba-11	650	3	r.	r.	PROPN
faba-11	650	4	h.	h.	PROPN
faba-11	650	5	,	,	PUNCT
faba-11	650	6	starks	stark	NOUN
faba-11	650	7	,	,	PUNCT
faba-11	650	8	l.t	l.t	PROPN
faba-11	650	9	.	.	PROPN
faba-11	650	10	&	&	CCONJ
faba-11	650	11	fellingham	fellingham	PROPN
faba-11	650	12	,	,	PUNCT
faba-11	650	13	j.c	j.c	PROPN
faba-11	650	14	.	.	PROPN
faba-11	650	15	(	(	PUNCT
faba-11	650	16	1981	1981	NUM
faba-11	650	17	)	)	PUNCT
faba-11	650	18	.	.	PUNCT
faba-11	651	1	an	an	DET
faba-11	651	2	equilibrium	equilibrium	NOUN
faba-11	651	3	model	model	NOUN
faba-11	651	4	of	of	ADP
faba-11	651	5	asset	asset	NOUN
faba-11	651	6	trading	trading	NOUN
faba-11	651	7	with	with	ADP
faba-11	651	8	sequential	sequential	ADJ
faba-11	651	9	information	information	NOUN
faba-11	651	10	arrival	arrival	NOUN
faba-11	651	11	.	.	PUNCT
faba-11	652	1	journal	journal	PROPN
faba-11	652	2	of	of	ADP
faba-11	652	3	finance	finance	NOUN
faba-11	652	4	,	,	PUNCT
faba-11	652	5	36	36	NUM
faba-11	652	6	,	,	PUNCT
faba-11	652	7	143–161	143–161	NUM
faba-11	652	8	.	.	PUNCT
faba-11	653	1	jensen	jensen	PROPN
faba-11	653	2	,	,	PUNCT
faba-11	653	3	m.	m.	PROPN
faba-11	653	4	c.	c.	PROPN
faba-11	653	5	(	(	PUNCT
faba-11	653	6	1978	1978	NUM
faba-11	653	7	)	)	PUNCT
faba-11	653	8	.	.	PUNCT
faba-11	654	1	some	some	DET
faba-11	654	2	anomalous	anomalous	ADJ
faba-11	654	3	evidence	evidence	NOUN
faba-11	654	4	regarding	regard	VERB
faba-11	654	5	market	market	NOUN
faba-11	654	6	efficiency	efficiency	NOUN
faba-11	654	7	.	.	PUNCT
faba-11	655	1	journal	journal	NOUN
faba-11	655	2	of	of	ADP
faba-11	655	3	financial	financial	ADJ
faba-11	655	4	economics	economic	NOUN
faba-11	655	5	,	,	PUNCT
faba-11	655	6	6	6	NUM
faba-11	655	7	,	,	PUNCT
faba-11	655	8	95	95	NUM
faba-11	655	9	-	-	SYM
faba-11	655	10	101	101	NUM
faba-11	655	11	.	.	PUNCT
faba-11	656	1	karpoff	karpoff	PROPN
faba-11	656	2	,	,	PUNCT
faba-11	656	3	j.	j.	PROPN
faba-11	656	4	m.	m.	PROPN
faba-11	656	5	(	(	PUNCT
faba-11	656	6	1987	1987	NUM
faba-11	656	7	)	)	PUNCT
faba-11	656	8	.	.	PUNCT
faba-11	657	1	the	the	DET
faba-11	657	2	relation	relation	NOUN
faba-11	657	3	between	between	ADP
faba-11	657	4	price	price	NOUN
faba-11	657	5	changes	change	NOUN
faba-11	657	6	and	and	CCONJ
faba-11	657	7	trading	trading	NOUN
faba-11	657	8	volume	volume	NOUN
faba-11	657	9	:	:	PUNCT
faba-11	657	10	a	a	DET
faba-11	657	11	survey	survey	NOUN
faba-11	657	12	.	.	PUNCT
faba-11	658	1	journal	journal	NOUN
faba-11	658	2	of	of	ADP
faba-11	658	3	financial	financial	ADJ
faba-11	658	4	and	and	CCONJ
faba-11	658	5	quantitative	quantitative	ADJ
faba-11	658	6	analysis	analysis	NOUN
faba-11	658	7	,	,	PUNCT
faba-11	658	8	22(01	22(01	NUM
faba-11	658	9	)	)	PUNCT
faba-11	658	10	,	,	PUNCT
faba-11	658	11	109	109	NUM
faba-11	658	12	-	-	SYM
faba-11	658	13	126	126	NUM
faba-11	658	14	.	.	PUNCT
faba-11	659	1	king	king	NOUN
faba-11	659	2	,	,	PUNCT
faba-11	659	3	m.	m.	NOUN
faba-11	659	4	a.	a.	PROPN
faba-11	659	5	&	&	CCONJ
faba-11	659	6	wadhani	wadhani	PROPN
faba-11	659	7	,	,	PUNCT
faba-11	659	8	s.	s.	PROPN
faba-11	659	9	(	(	PUNCT
faba-11	659	10	1990	1990	NUM
faba-11	659	11	)	)	PUNCT
faba-11	659	12	.	.	PUNCT
faba-11	660	1	transmission	transmission	NOUN
faba-11	660	2	of	of	ADP
faba-11	660	3	volatility	volatility	NOUN
faba-11	660	4	between	between	ADP
faba-11	660	5	stock	stock	NOUN
faba-11	660	6	markets	market	NOUN
faba-11	660	7	.	.	PUNCT
faba-11	661	1	review	review	NOUN
faba-11	661	2	of	of	ADP
faba-11	661	3	financial	financial	ADJ
faba-11	661	4	studies	study	NOUN
faba-11	661	5	,	,	PUNCT
faba-11	661	6	3	3	NUM
faba-11	661	7	(	(	PUNCT
faba-11	661	8	1	1	NUM
faba-11	661	9	)	)	PUNCT
faba-11	661	10	,	,	PUNCT
faba-11	661	11	5	5	NUM
faba-11	661	12	–	–	SYM
faba-11	661	13	33	33	NUM
faba-11	661	14	.	.	PUNCT
faba-11	662	1	lamoureux	lamoureux	PROPN
faba-11	662	2	,	,	PUNCT
faba-11	662	3	c.	c.	PROPN
faba-11	662	4	g.	g.	PROPN
faba-11	662	5	&	&	CCONJ
faba-11	662	6	lastrapes	lastrapes	PROPN
faba-11	662	7	,	,	PUNCT
faba-11	662	8	w.	w.	PROPN
faba-11	662	9	d.	d.	PROPN
faba-11	662	10	(	(	PUNCT
faba-11	662	11	1990	1990	NUM
faba-11	662	12	)	)	PUNCT
faba-11	662	13	.	.	PUNCT
faba-11	663	1	heteroskedasticity	heteroskedasticity	NOUN
faba-11	663	2	in	in	ADP
faba-11	663	3	stock	stock	NOUN
faba-11	663	4	return	return	NOUN
faba-11	663	5	data	datum	NOUN
faba-11	663	6	:	:	PUNCT
faba-11	663	7	volume	volume	NOUN
faba-11	663	8	versus	versus	ADP
faba-11	663	9	garch	garch	NOUN
faba-11	663	10	effects	effect	NOUN
faba-11	663	11	.	.	PUNCT
faba-11	664	1	the	the	DET
faba-11	664	2	journal	journal	NOUN
faba-11	664	3	of	of	ADP
faba-11	664	4	finance	finance	NOUN
faba-11	664	5	,	,	PUNCT
faba-11	664	6	45(1	45(1	NOUN
faba-11	664	7	)	)	PUNCT
faba-11	664	8	,	,	PUNCT
faba-11	664	9	221	221	NUM
faba-11	664	10	–	–	SYM
faba-11	664	11	229	229	NUM
faba-11	664	12	.	.	PUNCT
faba-11	664	13	lee	lee	PROPN
faba-11	664	14	,	,	PUNCT
faba-11	664	15	b.	b.	PROPN
faba-11	664	16	s.	s.	PROPN
faba-11	664	17	,	,	PUNCT
faba-11	664	18	&	&	CCONJ
faba-11	664	19	rui	rui	PROPN
faba-11	664	20	,	,	PUNCT
faba-11	664	21	o.	o.	PROPN
faba-11	664	22	m.	m.	NOUN
faba-11	664	23	(	(	PUNCT
faba-11	664	24	2002	2002	NUM
faba-11	664	25	)	)	PUNCT
faba-11	664	26	.	.	PUNCT
faba-11	665	1	the	the	DET
faba-11	665	2	dynamic	dynamic	ADJ
faba-11	665	3	relationship	relationship	NOUN
faba-11	665	4	between	between	ADP
faba-11	665	5	stock	stock	NOUN
faba-11	665	6	returns	return	NOUN
faba-11	665	7	and	and	CCONJ
faba-11	665	8	trading	trading	NOUN
faba-11	665	9	volume	volume	NOUN
faba-11	665	10	:	:	PUNCT
faba-11	665	11	domestic	domestic	ADJ
faba-11	665	12	and	and	CCONJ
faba-11	665	13	cross	cross	ADJ
faba-11	665	14	-	-	ADJ
faba-11	665	15	country	country	ADJ
faba-11	665	16	evidence	evidence	NOUN
faba-11	665	17	.	.	PUNCT
faba-11	666	1	journal	journal	NOUN
faba-11	666	2	of	of	ADP
faba-11	666	3	banking	banking	NOUN
faba-11	666	4	&	&	CCONJ
faba-11	666	5	finance	finance	PROPN
faba-11	666	6	,	,	PUNCT
faba-11	666	7	26(1	26(1	NUM
faba-11	666	8	)	)	PUNCT
faba-11	666	9	,	,	PUNCT
faba-11	666	10	51	51	NUM
faba-11	666	11	-	-	SYM
faba-11	666	12	78	78	NUM
faba-11	666	13	.	.	PUNCT
faba-11	667	1	léon	léon	PROPN
faba-11	667	2	,	,	PUNCT
faba-11	667	3	n.	n.	PROPN
faba-11	667	4	k.	k.	PROPN
faba-11	667	5	(	(	PUNCT
faba-11	667	6	2007	2007	NUM
faba-11	667	7	)	)	PUNCT
faba-11	667	8	.	.	PUNCT
faba-11	668	1	an	an	DET
faba-11	668	2	empirical	empirical	ADJ
faba-11	668	3	study	study	NOUN
faba-11	668	4	of	of	ADP
faba-11	668	5	the	the	DET
faba-11	668	6	relation	relation	NOUN
faba-11	668	7	between	between	ADP
faba-11	668	8	stock	stock	NOUN
faba-11	668	9	return	return	NOUN
faba-11	668	10	volatility	volatility	NOUN
faba-11	668	11	and	and	CCONJ
faba-11	668	12	trading	trading	NOUN
faba-11	668	13	volume	volume	NOUN
faba-11	668	14	in	in	ADP
faba-11	668	15	the	the	DET
faba-11	668	16	brvm	brvm	NOUN
faba-11	668	17	.	.	PUNCT
faba-11	669	1	african	african	ADJ
faba-11	669	2	journal	journal	PROPN
faba-11	669	3	of	of	ADP
faba-11	669	4	business	business	NOUN
faba-11	669	5	management	management	NOUN
faba-11	669	6	,	,	PUNCT
faba-11	669	7	1(7	1(7	NUM
faba-11	669	8	)	)	PUNCT
faba-11	669	9	,	,	PUNCT
faba-11	669	10	176	176	NUM
faba-11	669	11	-	-	SYM
faba-11	669	12	184	184	NUM
faba-11	669	13	.	.	PUNCT
faba-11	670	1	michelfelder	michelfelder	PROPN
faba-11	670	2	,	,	PUNCT
faba-11	670	3	r.	r.	PROPN
faba-11	670	4	a.	a.	PROPN
faba-11	670	5	&	&	CCONJ
faba-11	670	6	pandya	pandya	PROPN
faba-11	670	7	,	,	PUNCT
faba-11	670	8	s.	s.	PROPN
faba-11	670	9	(	(	PUNCT
faba-11	670	10	2005	2005	NUM
faba-11	670	11	)	)	PUNCT
faba-11	670	12	.	.	PUNCT
faba-11	671	1	volatility	volatility	NOUN
faba-11	671	2	of	of	ADP
faba-11	671	3	stock	stock	NOUN
faba-11	671	4	returns	return	NOUN
faba-11	671	5	:	:	PUNCT
faba-11	671	6	emerging	emerge	VERB
faba-11	671	7	and	and	CCONJ
faba-11	671	8	mature	mature	ADJ
faba-11	671	9	markets	market	NOUN
faba-11	671	10	.	.	PUNCT
faba-11	672	1	managerial	managerial	ADJ
faba-11	672	2	finance	finance	NOUN
faba-11	672	3	,	,	PUNCT
faba-11	672	4	31(2	31(2	NUM
faba-11	672	5	)	)	PUNCT
faba-11	672	6	,	,	PUNCT
faba-11	672	7	66	66	NUM
faba-11	672	8	–	–	SYM
faba-11	672	9	86	86	NUM
faba-11	672	10	.	.	PUNCT
faba-11	673	1	mitchell	mitchell	PROPN
faba-11	673	2	,	,	PUNCT
faba-11	673	3	c.	c.	PROPN
faba-11	673	4	(	(	PUNCT
faba-11	673	5	2011	2011	NUM
faba-11	673	6	)	)	PUNCT
faba-11	673	7	.	.	PUNCT
faba-11	674	1	how	how	SCONJ
faba-11	674	2	to	to	PART
faba-11	674	3	use	use	VERB
faba-11	674	4	volume	volume	NOUN
faba-11	674	5	to	to	PART
faba-11	674	6	improve	improve	VERB
faba-11	674	7	your	your	PRON
faba-11	674	8	trading	trading	NOUN
faba-11	674	9	.	.	PUNCT
faba-11	675	1	retrieved	retrieve	VERB
faba-11	675	2	from	from	ADP
faba-11	675	3	http://www.investopedia.com/articles/technical/02/010702.aspx	http://www.investopedia.com/articles/technical/02/010702.aspx	NOUN
faba-11	675	4	.	.	PUNCT
faba-11	676	1	moosa	moosa	PROPN
faba-11	676	2	,	,	PUNCT
faba-11	676	3	i.	i.	PROPN
faba-11	676	4	a.	a.	PROPN
faba-11	676	5	&	&	CCONJ
faba-11	676	6	al	al	PROPN
faba-11	676	7	-	-	PUNCT
faba-11	676	8	loughani	loughani	PROPN
faba-11	676	9	,	,	PUNCT
faba-11	676	10	n.e	n.e	PROPN
faba-11	676	11	.	.	PUNCT
faba-11	676	12	(	(	PUNCT
faba-11	676	13	1995	1995	NUM
faba-11	676	14	)	)	PUNCT
faba-11	676	15	.	.	PUNCT
faba-11	677	1	testing	test	VERB
faba-11	677	2	the	the	DET
faba-11	677	3	price	price	NOUN
faba-11	677	4	-	-	PUNCT
faba-11	677	5	volume	volume	NOUN
faba-11	677	6	relation	relation	NOUN
faba-11	677	7	in	in	ADP
faba-11	677	8	emerging	emerge	VERB
faba-11	677	9	asian	asian	ADJ
faba-11	677	10	stock	stock	NOUN
faba-11	677	11	markets	market	NOUN
faba-11	677	12	.	.	PUNCT
faba-11	678	1	journal	journal	NOUN
faba-11	678	2	of	of	ADP
faba-11	678	3	asian	asian	ADJ
faba-11	678	4	economics	economic	NOUN
faba-11	678	5	,	,	PUNCT
faba-11	678	6	6(3	6(3	NUM
faba-11	678	7	)	)	PUNCT
faba-11	678	8	,	,	PUNCT
faba-11	678	9	407	407	NUM
faba-11	678	10	-	-	SYM
faba-11	678	11	422	422	NUM
faba-11	678	12	.	.	PUNCT
faba-11	679	1	morse	morse	PROPN
faba-11	679	2	,	,	PUNCT
faba-11	679	3	d.	d.	PROPN
faba-11	679	4	(	(	PUNCT
faba-11	679	5	1980	1980	NUM
faba-11	679	6	)	)	PUNCT
faba-11	679	7	.	.	PUNCT
faba-11	680	1	asymmetrical	asymmetrical	ADJ
faba-11	680	2	information	information	NOUN
faba-11	680	3	in	in	ADP
faba-11	680	4	securities	security	NOUN
faba-11	680	5	markets	market	NOUN
faba-11	680	6	and	and	CCONJ
faba-11	680	7	trading	trading	NOUN
faba-11	680	8	volume	volume	NOUN
faba-11	680	9	.	.	PUNCT
faba-11	681	1	journal	journal	NOUN
faba-11	681	2	of	of	ADP
faba-11	681	3	financial	financial	ADJ
faba-11	681	4	and	and	CCONJ
faba-11	681	5	quantitative	quantitative	ADJ
faba-11	681	6	analysis	analysis	NOUN
faba-11	681	7	,	,	PUNCT
faba-11	681	8	15	15	NUM
faba-11	681	9	,	,	PUNCT
faba-11	681	10	1129–1148	1129–1148	NUM
faba-11	681	11	.	.	PUNCT
faba-11	682	1	najand	najand	PROPN
faba-11	682	2	,	,	PUNCT
faba-11	682	3	m.	m.	PROPN
faba-11	682	4	&	&	CCONJ
faba-11	682	5	k.	k.	PROPN
faba-11	682	6	yung	yung	PROPN
faba-11	682	7	,	,	PUNCT
faba-11	682	8	(	(	PUNCT
faba-11	682	9	1991	1991	NUM
faba-11	682	10	)	)	PUNCT
faba-11	682	11	.	.	PUNCT
faba-11	683	1	a	a	DET
faba-11	683	2	garch	garch	NOUN
faba-11	683	3	examination	examination	NOUN
faba-11	683	4	of	of	ADP
faba-11	683	5	the	the	DET
faba-11	683	6	relationship	relationship	NOUN
faba-11	683	7	between	between	ADP
faba-11	683	8	volume	volume	NOUN
faba-11	683	9	and	and	CCONJ
faba-11	683	10	price	price	NOUN
faba-11	683	11	variability	variability	NOUN
faba-11	683	12	in	in	ADP
faba-11	683	13	futures	future	NOUN
faba-11	683	14	markets	market	NOUN
faba-11	683	15	.	.	PUNCT
faba-11	684	1	journal	journal	PROPN
faba-11	684	2	of	of	ADP
faba-11	684	3	futures	future	NOUN
faba-11	684	4	markets	market	NOUN
faba-11	684	5	,	,	PUNCT
faba-11	684	6	11	11	NUM
faba-11	684	7	,	,	PUNCT
faba-11	684	8	613–621	613–621	NUM
faba-11	684	9	.	.	PUNCT
faba-11	685	1	naka	naka	PROPN
faba-11	685	2	,	,	PUNCT
faba-11	685	3	a.	a.	PROPN
faba-11	685	4	&	&	CCONJ
faba-11	685	5	oral	oral	PROPN
faba-11	685	6	,	,	PUNCT
faba-11	685	7	e.	e.	PROPN
faba-11	685	8	(	(	PUNCT
faba-11	685	9	2013	2013	NUM
faba-11	685	10	)	)	PUNCT
faba-11	685	11	.	.	PUNCT
faba-11	686	1	stock	stock	NOUN
faba-11	686	2	return	return	VERB
faba-11	686	3	volatility	volatility	NOUN
faba-11	686	4	and	and	CCONJ
faba-11	686	5	trading	trading	NOUN
faba-11	686	6	volume	volume	NOUN
faba-11	686	7	relationships	relationship	NOUN
faba-11	686	8	captured	capture	VERB
faba-11	686	9	with	with	ADP
faba-11	686	10	stable	stable	ADJ
faba-11	686	11	paretian	paretian	ADJ
faba-11	686	12	garch	garch	NOUN
faba-11	686	13	and	and	CCONJ
faba-11	686	14	threshold	threshold	NOUN
faba-11	686	15	garch	garch	NOUN
faba-11	686	16	models	model	NOUN
faba-11	686	17	.	.	PUNCT
faba-11	687	1	journal	journal	NOUN
faba-11	687	2	of	of	ADP
faba-11	687	3	business	business	NOUN
faba-11	687	4	and	and	CCONJ
faba-11	687	5	economics	economic	NOUN
faba-11	687	6	research	research	NOUN
faba-11	687	7	,	,	PUNCT
faba-11	687	8	11(1	11(1	NUM
faba-11	687	9	)	)	PUNCT
faba-11	687	10	.	.	PUNCT
faba-11	688	1	park	park	PROPN
faba-11	688	2	,	,	PUNCT
faba-11	688	3	c.	c.	PROPN
faba-11	688	4	h.	h.	PROPN
faba-11	688	5	&	&	CCONJ
faba-11	688	6	irwin	irwin	PROPN
faba-11	688	7	,	,	PUNCT
faba-11	688	8	s.	s.	PROPN
faba-11	688	9	h.	h.	PROPN
faba-11	688	10	(	(	PUNCT
faba-11	688	11	2007	2007	NUM
faba-11	688	12	)	)	PUNCT
faba-11	688	13	.	.	PUNCT
faba-11	689	1	what	what	PRON
faba-11	689	2	do	do	AUX
faba-11	689	3	we	we	PRON
faba-11	689	4	know	know	VERB
faba-11	689	5	about	about	ADP
faba-11	689	6	the	the	DET
faba-11	689	7	profitability	profitability	NOUN
faba-11	689	8	of	of	ADP
faba-11	689	9	technical	technical	ADJ
faba-11	689	10	analysis	analysis	NOUN
faba-11	689	11	?	?	PUNCT
faba-11	690	1	journal	journal	NOUN
faba-11	690	2	of	of	ADP
faba-11	690	3	economic	economic	ADJ
faba-11	690	4	surveys	survey	NOUN
faba-11	690	5	,	,	PUNCT
faba-11	690	6	21(4	21(4	NUM
faba-11	690	7	)	)	PUNCT
faba-11	690	8	,	,	PUNCT
faba-11	690	9	786–826	786–826	NUM
faba-11	690	10	.	.	PUNCT
faba-11	691	1	philip	philip	PROPN
faba-11	691	2	,	,	PUNCT
faba-11	691	3	p.	p.	PROPN
faba-11	691	4	c.	c.	PROPN
faba-11	691	5	b.	b.	PROPN
faba-11	691	6	&	&	CCONJ
faba-11	691	7	perron	perron	PROPN
faba-11	691	8	,	,	PUNCT
faba-11	691	9	p.	p.	PROPN
faba-11	691	10	(	(	PUNCT
faba-11	691	11	1988	1988	NUM
faba-11	691	12	)	)	PUNCT
faba-11	691	13	.	.	PUNCT
faba-11	692	1	testing	test	VERB
faba-11	692	2	for	for	ADP
faba-11	692	3	a	a	DET
faba-11	692	4	unit	unit	NOUN
faba-11	692	5	root	root	NOUN
faba-11	692	6	in	in	ADP
faba-11	692	7	time	time	NOUN
faba-11	692	8	series	series	PROPN
faba-11	692	9	regression	regression	PROPN
faba-11	692	10	.	.	PUNCT
faba-11	693	1	biometrika	biometrika	NOUN
faba-11	693	2	,	,	PUNCT
faba-11	693	3	75	75	NUM
faba-11	693	4	,	,	PUNCT
faba-11	693	5	335	335	NUM
faba-11	693	6	-	-	SYM
faba-11	693	7	346	346	NUM
faba-11	693	8	.	.	PUNCT
faba-11	694	1	pisedtasalasai	pisedtasalasai	ADJ
faba-11	694	2	,	,	PUNCT
faba-11	694	3	a.	a.	NOUN
faba-11	694	4	,	,	PUNCT
faba-11	694	5	&	&	CCONJ
faba-11	694	6	gunasekarage	gunasekarage	NOUN
faba-11	694	7	,	,	PUNCT
faba-11	694	8	a.	a.	NOUN
faba-11	694	9	(	(	PUNCT
faba-11	694	10	2007	2007	NUM
faba-11	694	11	)	)	PUNCT
faba-11	694	12	.	.	PUNCT
faba-11	695	1	causal	causal	ADJ
faba-11	695	2	and	and	CCONJ
faba-11	695	3	dynamic	dynamic	ADJ
faba-11	695	4	relationships	relationship	NOUN
faba-11	695	5	among	among	ADP
faba-11	695	6	stock	stock	NOUN
faba-11	695	7	returns	return	NOUN
faba-11	695	8	,	,	PUNCT
faba-11	695	9	return	return	VERB
faba-11	695	10	volatility	volatility	NOUN
faba-11	695	11	and	and	CCONJ
faba-11	695	12	trading	trading	NOUN
faba-11	695	13	volume	volume	NOUN
faba-11	695	14	:	:	PUNCT
faba-11	695	15	evidence	evidence	NOUN
faba-11	695	16	from	from	ADP
faba-11	695	17	emerging	emerge	VERB
faba-11	695	18	markets	market	NOUN
faba-11	695	19	in	in	ADP
faba-11	695	20	southeast	southeast	PROPN
faba-11	695	21	asia	asia	PROPN
faba-11	695	22	.	.	PUNCT
faba-11	696	1	asia	asia	PROPN
faba-11	696	2	pacific	pacific	PROPN
faba-11	696	3	financial	financial	ADJ
faba-11	696	4	markets	market	NOUN
faba-11	696	5	,	,	PUNCT
faba-11	696	6	14(4	14(4	NUM
faba-11	696	7	)	)	PUNCT
faba-11	696	8	,	,	PUNCT
faba-11	696	9	277	277	NUM
faba-11	696	10	-	-	SYM
faba-11	696	11	297	297	NUM
faba-11	696	12	.	.	PUNCT
faba-11	697	1	doi	doi	NOUN
faba-11	697	2	:	:	PUNCT
faba-11	697	3	10.1007	10.1007	NUM
faba-11	697	4	/	/	SYM
faba-11	697	5	s10690	s10690	NOUN
faba-11	697	6	-	-	PUNCT
faba-11	697	7	008	008	NUM
faba-11	697	8	-	-	PUNCT
faba-11	697	9	9063	9063	NUM
faba-11	697	10	-	-	SYM
faba-11	697	11	3	3	NUM
faba-11	697	12	podobnik	podobnik	NOUN
faba-11	697	13	,	,	PUNCT
faba-11	697	14	b.	b.	PROPN
faba-11	697	15	,	,	PUNCT
faba-11	697	16	horvatic	horvatic	PROPN
faba-11	697	17	,	,	PUNCT
faba-11	697	18	d.	d.	PROPN
faba-11	697	19	,	,	PUNCT
faba-11	697	20	petersen	petersen	PROPN
faba-11	697	21	,	,	PUNCT
faba-11	697	22	m.	m.	NOUN
faba-11	697	23	a.	a.	PROPN
faba-11	697	24	&	&	CCONJ
faba-11	697	25	stanley	stanley	PROPN
faba-11	697	26	,	,	PUNCT
faba-11	697	27	h.	h.	PROPN
faba-11	697	28	e.	e.	PROPN
faba-11	697	29	(	(	PUNCT
faba-11	697	30	2009	2009	NUM
faba-11	697	31	)	)	PUNCT
faba-11	697	32	.	.	PUNCT
faba-11	698	1	cross	cros	NOUN
faba-11	698	2	-	-	NOUN
faba-11	698	3	correlations	correlation	NOUN
faba-11	698	4	between	between	ADP
faba-11	698	5	volume	volume	NOUN
faba-11	698	6	change	change	NOUN
faba-11	698	7	and	and	CCONJ
faba-11	698	8	price	price	NOUN
faba-11	698	9	change	change	NOUN
faba-11	698	10	,	,	PUNCT
faba-11	698	11	pnas	pna	NOUN
faba-11	698	12	,	,	PUNCT
faba-11	698	13	106(52	106(52	NUM
faba-11	698	14	)	)	PUNCT
faba-11	698	15	,	,	PUNCT
faba-11	698	16	22079–22084	22079–22084	NUM
faba-11	698	17	.	.	PUNCT
faba-11	699	1	pring	pring	NOUN
faba-11	699	2	,	,	PUNCT
faba-11	699	3	m.	m.	NOUN
faba-11	699	4	(	(	PUNCT
faba-11	699	5	2006	2006	NUM
faba-11	699	6	)	)	PUNCT
faba-11	699	7	.	.	PUNCT
faba-11	700	1	the	the	DET
faba-11	700	2	basics	basic	NOUN
faba-11	700	3	of	of	ADP
faba-11	700	4	volume	volume	NOUN
faba-11	700	5	.	.	PUNCT
faba-11	701	1	retrieved	retrieve	VERB
faba-11	701	2	from	from	ADP
faba-11	701	3	http://www.pring.com/articles/article15.html	http://www.pring.com/articles/article15.html	NUM
faba-11	701	4	ratner	ratner	NOUN
faba-11	701	5	,	,	PUNCT
faba-11	701	6	m.	m.	NOUN
faba-11	701	7	&	&	CCONJ
faba-11	701	8	leal	leal	PROPN
faba-11	701	9	,	,	PUNCT
faba-11	701	10	r.p.c	r.p.c	NOUN
faba-11	701	11	.	.	PUNCT
faba-11	702	1	(	(	PUNCT
faba-11	702	2	2001	2001	NUM
faba-11	702	3	)	)	PUNCT
faba-11	702	4	.	.	PUNCT
faba-11	703	1	stock	stock	NOUN
faba-11	703	2	returns	return	NOUN
faba-11	703	3	and	and	CCONJ
faba-11	703	4	trading	trading	NOUN
faba-11	703	5	volume	volume	NOUN
faba-11	703	6	:	:	PUNCT
faba-11	703	7	evidence	evidence	NOUN
faba-11	703	8	from	from	ADP
faba-11	703	9	the	the	DET
faba-11	703	10	emerging	emerge	VERB
faba-11	703	11	markets	market	NOUN
faba-11	703	12	of	of	ADP
faba-11	703	13	latin	latin	PROPN
faba-11	703	14	america	america	PROPN
faba-11	703	15	and	and	CCONJ
faba-11	703	16	asia	asia	PROPN
faba-11	703	17	.	.	PROPN
faba-11	703	18	journal	journal	PROPN
faba-11	703	19	of	of	ADP
faba-11	703	20	emerging	emerge	VERB
faba-11	703	21	markets	market	NOUN
faba-11	703	22	,	,	PUNCT
faba-11	703	23	6	6	NUM
faba-11	703	24	,	,	PUNCT
faba-11	703	25	5	5	NUM
faba-11	703	26	-	-	SYM
faba-11	703	27	22	22	NUM
faba-11	703	28	.	.	PUNCT
faba-11	704	1	sabri	sabri	PROPN
faba-11	704	2	,	,	PUNCT
faba-11	704	3	n.	n.	PROPN
faba-11	704	4	r.	r.	PROPN
faba-11	704	5	(	(	PUNCT
faba-11	704	6	2008	2008	NUM
faba-11	704	7	)	)	PUNCT
faba-11	704	8	.	.	PUNCT
faba-11	705	1	the	the	DET
faba-11	705	2	impact	impact	NOUN
faba-11	705	3	of	of	ADP
faba-11	705	4	trading	trading	NOUN
faba-11	705	5	volume	volume	NOUN
faba-11	705	6	on	on	ADP
faba-11	705	7	stock	stock	NOUN
faba-11	705	8	price	price	NOUN
faba-11	705	9	volatility	volatility	NOUN
faba-11	705	10	in	in	ADP
faba-11	705	11	the	the	DET
faba-11	705	12	arab	arab	ADJ
faba-11	705	13	economy	economy	NOUN
faba-11	705	14	.	.	PUNCT
faba-11	706	1	journal	journal	NOUN
faba-11	706	2	of	of	ADP
faba-11	706	3	derivatives	derivative	NOUN
faba-11	706	4	&	&	CCONJ
faba-11	706	5	hedge	hedge	NOUN
faba-11	706	6	funds	fund	NOUN
faba-11	706	7	,	,	PUNCT
faba-11	706	8	14	14	NUM
faba-11	706	9	,	,	PUNCT
faba-11	706	10	285–298	285–298	NUM
faba-11	706	11	.	.	PUNCT
faba-11	707	1	doi	doi	NOUN
faba-11	707	2	:	:	PUNCT
faba-11	707	3	10.1057	10.1057	NUM
faba-11	707	4	/	/	SYM
faba-11	707	5	jdhf.2008.22	jdhf.2008.22	NOUN
faba-11	707	6	sabri	sabri	NOUN
faba-11	707	7	,	,	PUNCT
faba-11	707	8	n.	n.	PROPN
faba-11	707	9	r.	r.	PROPN
faba-11	707	10	s.	s.	PROPN
faba-11	707	11	(	(	PUNCT
faba-11	707	12	2004	2004	NUM
faba-11	707	13	)	)	PUNCT
faba-11	707	14	.	.	PUNCT
faba-11	708	1	volatility	volatility	NOUN
faba-11	708	2	and	and	CCONJ
faba-11	708	3	market	market	NOUN
faba-11	708	4	crisis	crisis	NOUN
faba-11	708	5	in	in	ADP
faba-11	708	6	emerging	emerge	VERB
faba-11	708	7	economies	economy	NOUN
faba-11	708	8	,	,	PUNCT
faba-11	708	9	review	review	NOUN
faba-11	708	10	of	of	ADP
faba-11	708	11	accounting	accounting	NOUN
faba-11	708	12	and	and	CCONJ
faba-11	708	13	finance	finance	NOUN
faba-11	708	14	,	,	PUNCT
faba-11	708	15	3(3	3(3	NUM
faba-11	708	16	)	)	PUNCT
faba-11	708	17	,	,	PUNCT
faba-11	708	18	59–83	59–83	NUM
faba-11	708	19	.	.	PUNCT
faba-11	708	20	smirlock	smirlock	PROPN
faba-11	708	21	,	,	PUNCT
faba-11	708	22	m.	m.	NOUN
faba-11	708	23	&	&	CCONJ
faba-11	708	24	starks	starks	PROPN
faba-11	708	25	,	,	PUNCT
faba-11	708	26	l.	l.	PROPN
faba-11	708	27	(	(	PUNCT
faba-11	708	28	1988	1988	NUM
faba-11	708	29	)	)	PUNCT
faba-11	708	30	.	.	PUNCT
faba-11	709	1	an	an	DET
faba-11	709	2	empirical	empirical	ADJ
faba-11	709	3	analysis	analysis	NOUN
faba-11	709	4	of	of	ADP
faba-11	709	5	stock	stock	NOUN
faba-11	709	6	price	price	NOUN
faba-11	709	7	-	-	PUNCT
faba-11	709	8	volume	volume	NOUN
faba-11	709	9	relationship	relationship	NOUN
faba-11	709	10	.	.	PUNCT
faba-11	710	1	journal	journal	NOUN
faba-11	710	2	of	of	ADP
faba-11	710	3	banking	banking	NOUN
faba-11	710	4	and	and	CCONJ
faba-11	710	5	finance	finance	NOUN
faba-11	710	6	,	,	PUNCT
faba-11	710	7	12	12	NUM
faba-11	710	8	,	,	PUNCT
faba-11	710	9	31	31	NUM
faba-11	710	10	-	-	SYM
faba-11	710	11	41	41	NUM
faba-11	710	12	.	.	PUNCT
faba-11	711	1	tan	tan	PROPN
faba-11	711	2	,	,	PUNCT
faba-11	711	3	y.	y.	PROPN
faba-11	711	4	l.	l.	PROPN
faba-11	711	5	&	&	CCONJ
faba-11	711	6	tay	tay	PROPN
faba-11	711	7	,	,	PUNCT
faba-11	711	8	b.	b.	PROPN
faba-11	711	9	h.	h.	PROPN
faba-11	711	10	(	(	PUNCT
faba-11	711	11	2011	2011	NUM
faba-11	711	12	)	)	PUNCT
faba-11	711	13	.	.	PUNCT
faba-11	712	1	an	an	DET
faba-11	712	2	empirical	empirical	ADJ
faba-11	712	3	analysis	analysis	NOUN
faba-11	712	4	of	of	ADP
faba-11	712	5	trading	trading	NOUN
faba-11	712	6	volume	volume	NOUN
faba-11	712	7	and	and	CCONJ
faba-11	712	8	return	return	VERB
faba-11	712	9	volatility	volatility	NOUN
faba-11	712	10	in	in	ADP
faba-11	712	11	using	use	VERB
faba-11	712	12	garch	garch	NOUN
faba-11	712	13	model	model	NOUN
faba-11	712	14	:	:	PUNCT
faba-11	712	15	the	the	DET
faba-11	712	16	malaysia	malaysia	PROPN
faba-11	712	17	case	case	NOUN
faba-11	712	18	.	.	PUNCT
faba-11	713	1	academic	academic	ADJ
faba-11	713	2	journal	journal	PROPN
faba-11	713	3	uitm	uitm	PROPN
faba-11	713	4	johor	johor	PROPN
faba-11	713	5	,	,	PUNCT
faba-11	713	6	10	10	NUM
faba-11	713	7	.	.	PUNCT
faba-11	714	1	wang	wang	PROPN
faba-11	714	2	,	,	PUNCT
faba-11	714	3	j.	j.	PROPN
faba-11	714	4	(	(	PUNCT
faba-11	714	5	1994	1994	NUM
faba-11	714	6	)	)	PUNCT
faba-11	714	7	.	.	PUNCT
faba-11	715	1	a	a	DET
faba-11	715	2	model	model	NOUN
faba-11	715	3	of	of	ADP
faba-11	715	4	competitive	competitive	ADJ
faba-11	715	5	stock	stock	NOUN
faba-11	715	6	trading	trading	NOUN
faba-11	715	7	volume	volume	NOUN
faba-11	715	8	:	:	PUNCT
faba-11	715	9	theory	theory	NOUN
faba-11	715	10	and	and	CCONJ
faba-11	715	11	evidence	evidence	NOUN
faba-11	715	12	.	.	PUNCT
faba-11	716	1	journal	journal	NOUN
faba-11	716	2	of	of	ADP
faba-11	716	3	political	political	ADJ
faba-11	716	4	economy	economy	NOUN
faba-11	716	5	,	,	PUNCT
faba-11	716	6	102	102	NUM
faba-11	716	7	,	,	PUNCT
faba-11	716	8	127	127	NUM
faba-11	716	9	-	-	SYM
faba-11	716	10	168	168	NUM
faba-11	716	11	.	.	PUNCT