id	sid	tid	token	lemma	pos
faba-266	1	1	99	99	NUM
faba-266	1	2	finance	finance	NOUN
faba-266	1	3	,	,	PUNCT
faba-266	1	4	accounting	accounting	NOUN
faba-266	1	5	and	and	CCONJ
faba-266	1	6	business	business	NOUN
faba-266	1	7	analysis	analysis	NOUN
faba-266	1	8	volume	volume	NOUN
faba-266	1	9	7	7	NUM
faba-266	1	10	issue	issue	NOUN
faba-266	1	11	1	1	NUM
faba-266	1	12	,	,	PUNCT
faba-266	1	13	2025	2025	NUM
faba-266	1	14	http://faba.bg/	http://faba.bg/	NOUN
faba-266	1	15	issn	issn	VERB
faba-266	1	16	2603	2603	NUM
faba-266	1	17	-	-	SYM
faba-266	1	18	5324	5324	NUM
faba-266	1	19	doi	doi	NOUN
faba-266	1	20	:	:	PUNCT
faba-266	1	21	https://doi.org/10.37075/faba.2025.1.08	https://doi.org/10.37075/faba.2025.1.08	NOUN
faba-266	1	22	between	between	ADP
faba-266	1	23	finance	finance	NOUN
faba-266	1	24	and	and	CCONJ
faba-266	1	25	growth	growth	NOUN
faba-266	1	26	:	:	PUNCT
faba-266	1	27	the	the	DET
faba-266	1	28	role	role	NOUN
faba-266	1	29	of	of	ADP
faba-266	1	30	financial	financial	ADJ
faba-266	1	31	development	development	NOUN
faba-266	1	32	in	in	ADP
faba-266	1	33	promoting	promote	VERB
faba-266	1	34	economic	economic	ADJ
faba-266	1	35	growth	growth	NOUN
faba-266	1	36	in	in	ADP
faba-266	1	37	africa	africa	PROPN
faba-266	1	38	boulenouar	boulenouar	PROPN
faba-266	1	39	ilias	ilias	PROPN
faba-266	1	40	zakaria	zakaria	PROPN
faba-266	1	41	mennad	mennad	PROPN
faba-266	1	42	1	1	NUM
faba-266	1	43	*	*	PUNCT
faba-266	1	44	,	,	PUNCT
faba-266	1	45	anes	ane	NOUN
faba-266	1	46	meskini	meskini	NOUN
faba-266	1	47	2	2	NUM
faba-266	1	48	,	,	PUNCT
faba-266	1	49	amina	amina	PROPN
faba-266	1	50	benhaddou	benhaddou	PROPN
faba-266	1	51	3	3	NUM
faba-266	1	52	laboratory	laboratory	NOUN
faba-266	1	53	of	of	ADP
faba-266	1	54	strategies	strategy	NOUN
faba-266	1	55	for	for	ADP
faba-266	1	56	development	development	NOUN
faba-266	1	57	of	of	ADP
faba-266	1	58	the	the	DET
faba-266	1	59	agricultural	agricultural	ADJ
faba-266	1	60	and	and	CCONJ
faba-266	1	61	tourism	tourism	NOUN
faba-266	1	62	sector	sector	NOUN
faba-266	1	63	,	,	PUNCT
faba-266	1	64	university	university	NOUN
faba-266	1	65	of	of	ADP
faba-266	1	66	ain	ain	PROPN
faba-266	1	67	temouchent	temouchent	NOUN
faba-266	1	68	,	,	PUNCT
faba-266	1	69	algeria1	algeria1	NOUN
faba-266	1	70	laboratory	laboratory	NOUN
faba-266	1	71	of	of	ADP
faba-266	1	72	strategies	strategy	NOUN
faba-266	1	73	for	for	ADP
faba-266	1	74	development	development	NOUN
faba-266	1	75	of	of	ADP
faba-266	1	76	the	the	DET
faba-266	1	77	agricultural	agricultural	ADJ
faba-266	1	78	and	and	CCONJ
faba-266	1	79	tourism	tourism	NOUN
faba-266	1	80	sector	sector	NOUN
faba-266	1	81	,	,	PUNCT
faba-266	1	82	university	university	NOUN
faba-266	1	83	of	of	ADP
faba-266	1	84	ain	ain	PROPN
faba-266	1	85	temouchent	temouchent	NOUN
faba-266	1	86	,	,	PUNCT
faba-266	1	87	algeria2	algeria2	NOUN
faba-266	1	88	laboratory	laboratory	NOUN
faba-266	1	89	of	of	ADP
faba-266	1	90	markets	market	NOUN
faba-266	1	91	,	,	PUNCT
faba-266	1	92	employment	employment	NOUN
faba-266	1	93	,	,	PUNCT
faba-266	1	94	simulation	simulation	NOUN
faba-266	1	95	and	and	CCONJ
faba-266	1	96	legislation	legislation	NOUN
faba-266	1	97	in	in	ADP
faba-266	1	98	the	the	DET
faba-266	1	99	maghreb	maghreb	PROPN
faba-266	1	100	countries	countries	PROPN
faba-266	1	101	,	,	PUNCT
faba-266	1	102	university	university	NOUN
faba-266	1	103	of	of	ADP
faba-266	1	104	ain	ain	PROPN
faba-266	1	105	temouchent	temouchent	NOUN
faba-266	1	106	,	,	PUNCT
faba-266	1	107	algeria3	algeria3	ADV
faba-266	1	108	*	*	PUNCT
faba-266	1	109	corresponding	correspond	VERB
faba-266	1	110	author	author	NOUN
faba-266	1	111	info	info	NOUN
faba-266	1	112	articles	article	NOUN
faba-266	1	113	abstract	abstract	ADJ
faba-266	1	114	history	history	NOUN
faba-266	1	115	article	article	NOUN
faba-266	1	116	:	:	PUNCT
faba-266	1	117	submitted	submit	VERB
faba-266	1	118	28	28	NUM
faba-266	1	119	february	february	NOUN
faba-266	1	120	2025	2025	NUM
faba-266	1	121	revised	revise	VERB
faba-266	1	122	4	4	NUM
faba-266	1	123	may	may	AUX
faba-266	1	124	2025	2025	NUM
faba-266	1	125	accepted	accept	VERB
faba-266	1	126	14	14	NUM
faba-266	1	127	may	may	NOUN
faba-266	1	128	2025	2025	NUM
faba-266	1	129	purpose	purpose	NOUN
faba-266	1	130	:	:	PUNCT
faba-266	1	131	this	this	DET
faba-266	1	132	study	study	NOUN
faba-266	1	133	investigates	investigate	VERB
faba-266	1	134	the	the	DET
faba-266	1	135	impact	impact	NOUN
faba-266	1	136	of	of	ADP
faba-266	1	137	financial	financial	ADJ
faba-266	1	138	development	development	NOUN
faba-266	1	139	on	on	ADP
faba-266	1	140	economic	economic	ADJ
faba-266	1	141	growth	growth	NOUN
faba-266	1	142	,	,	PUNCT
faba-266	1	143	with	with	ADP
faba-266	1	144	a	a	DET
faba-266	1	145	particular	particular	ADJ
faba-266	1	146	focus	focus	NOUN
faba-266	1	147	on	on	ADP
faba-266	1	148	the	the	DET
faba-266	1	149	roles	role	NOUN
faba-266	1	150	of	of	ADP
faba-266	1	151	financial	financial	ADJ
faba-266	1	152	institutions	institution	NOUN
faba-266	1	153	'	'	PART
faba-266	1	154	access	access	NOUN
faba-266	1	155	,	,	PUNCT
faba-266	1	156	depth	depth	NOUN
faba-266	1	157	,	,	PUNCT
faba-266	1	158	and	and	CCONJ
faba-266	1	159	efficiency	efficiency	NOUN
faba-266	1	160	.	.	PUNCT
faba-266	2	1	it	it	PRON
faba-266	2	2	aims	aim	VERB
faba-266	2	3	to	to	PART
faba-266	2	4	provide	provide	VERB
faba-266	2	5	a	a	DET
faba-266	2	6	nuanced	nuanced	ADJ
faba-266	2	7	analysis	analysis	NOUN
faba-266	2	8	of	of	ADP
faba-266	2	9	the	the	DET
faba-266	2	10	finance	finance	NOUN
faba-266	2	11	-	-	PUNCT
faba-266	2	12	growth	growth	NOUN
faba-266	2	13	nexus	nexus	NOUN
faba-266	2	14	and	and	CCONJ
faba-266	2	15	evaluate	evaluate	VERB
faba-266	2	16	whether	whether	SCONJ
faba-266	2	17	financial	financial	ADJ
faba-266	2	18	development	development	NOUN
faba-266	2	19	acts	act	VERB
faba-266	2	20	as	as	ADP
faba-266	2	21	a	a	DET
faba-266	2	22	catalyst	catalyst	NOUN
faba-266	2	23	for	for	ADP
faba-266	2	24	or	or	CCONJ
faba-266	2	25	a	a	DET
faba-266	2	26	constraint	constraint	NOUN
faba-266	2	27	on	on	ADP
faba-266	2	28	economic	economic	ADJ
faba-266	2	29	growth	growth	NOUN
faba-266	2	30	within	within	ADP
faba-266	2	31	the	the	DET
faba-266	2	32	african	african	ADJ
faba-266	2	33	context	context	NOUN
faba-266	2	34	.	.	PUNCT
faba-266	3	1	design	design	NOUN
faba-266	3	2	/	/	SYM
faba-266	3	3	methodology	methodology	NOUN
faba-266	3	4	/	/	SYM
faba-266	3	5	approach	approach	NOUN
faba-266	3	6	:	:	PUNCT
faba-266	3	7	the	the	DET
faba-266	3	8	study	study	NOUN
faba-266	3	9	employs	employ	VERB
faba-266	3	10	the	the	DET
faba-266	3	11	panel	panel	NOUN
faba-266	3	12	ardl	ardl	NOUN
faba-266	3	13	(	(	PUNCT
faba-266	3	14	autoregressive	autoregressive	ADJ
faba-266	3	15	distributed	distribute	VERB
faba-266	3	16	lag	lag	NOUN
faba-266	3	17	)	)	PUNCT
faba-266	3	18	approach	approach	NOUN
faba-266	3	19	to	to	PART
faba-266	3	20	analyze	analyze	VERB
faba-266	3	21	the	the	DET
faba-266	3	22	short	short	ADJ
faba-266	3	23	-	-	PUNCT
faba-266	3	24	run	run	NOUN
faba-266	3	25	and	and	CCONJ
faba-266	3	26	long	long	ADV
faba-266	3	27	-	-	PUNCT
faba-266	3	28	run	run	VERB
faba-266	3	29	effects	effect	NOUN
faba-266	3	30	of	of	ADP
faba-266	3	31	financial	financial	ADJ
faba-266	3	32	development	development	NOUN
faba-266	3	33	on	on	ADP
faba-266	3	34	gdp	gdp	PROPN
faba-266	3	35	.	.	PUNCT
faba-266	4	1	the	the	DET
faba-266	4	2	analysis	analysis	NOUN
faba-266	4	3	is	be	AUX
faba-266	4	4	conducted	conduct	VERB
faba-266	4	5	on	on	ADP
faba-266	4	6	a	a	DET
faba-266	4	7	panel	panel	NOUN
faba-266	4	8	of	of	ADP
faba-266	4	9	31	31	NUM
faba-266	4	10	african	african	ADJ
faba-266	4	11	countries	country	NOUN
faba-266	4	12	over	over	ADP
faba-266	4	13	the	the	DET
faba-266	4	14	period	period	NOUN
faba-266	4	15	1990–2021	1990–2021	NUM
faba-266	4	16	,	,	PUNCT
faba-266	4	17	capturing	capture	VERB
faba-266	4	18	both	both	DET
faba-266	4	19	cross	cross	ADJ
faba-266	4	20	-	-	ADJ
faba-266	4	21	country	country	ADJ
faba-266	4	22	variations	variation	NOUN
faba-266	4	23	and	and	CCONJ
faba-266	4	24	dynamic	dynamic	ADJ
faba-266	4	25	relationships	relationship	NOUN
faba-266	4	26	between	between	ADP
faba-266	4	27	financial	financial	ADJ
faba-266	4	28	development	development	NOUN
faba-266	4	29	indicators	indicator	NOUN
faba-266	4	30	and	and	CCONJ
faba-266	4	31	economic	economic	ADJ
faba-266	4	32	growth	growth	NOUN
faba-266	4	33	.	.	PUNCT
faba-266	5	1	findings	finding	NOUN
faba-266	5	2	:	:	PUNCT
faba-266	5	3	the	the	DET
faba-266	5	4	findings	finding	NOUN
faba-266	5	5	emphasize	emphasize	VERB
faba-266	5	6	that	that	SCONJ
faba-266	5	7	financial	financial	ADJ
faba-266	5	8	access	access	NOUN
faba-266	5	9	and	and	CCONJ
faba-266	5	10	depth	depth	NOUN
faba-266	5	11	are	be	AUX
faba-266	5	12	key	key	ADJ
faba-266	5	13	drivers	driver	NOUN
faba-266	5	14	of	of	ADP
faba-266	5	15	long	long	ADJ
faba-266	5	16	-	-	PUNCT
faba-266	5	17	term	term	NOUN
faba-266	5	18	economic	economic	ADJ
faba-266	5	19	growth	growth	NOUN
faba-266	5	20	,	,	PUNCT
faba-266	5	21	whereas	whereas	SCONJ
faba-266	5	22	financial	financial	ADJ
faba-266	5	23	efficiency	efficiency	NOUN
faba-266	5	24	exerts	exert	VERB
faba-266	5	25	a	a	DET
faba-266	5	26	negative	negative	ADJ
faba-266	5	27	impact	impact	NOUN
faba-266	5	28	.	.	PUNCT
faba-266	6	1	in	in	ADP
faba-266	6	2	the	the	DET
faba-266	6	3	short	short	ADJ
faba-266	6	4	run	run	NOUN
faba-266	6	5	,	,	PUNCT
faba-266	6	6	financial	financial	ADJ
faba-266	6	7	access	access	NOUN
faba-266	6	8	significantly	significantly	ADV
faba-266	6	9	enhances	enhance	VERB
faba-266	6	10	gdp	gdp	NOUN
faba-266	6	11	,	,	PUNCT
faba-266	6	12	while	while	SCONJ
faba-266	6	13	financial	financial	ADJ
faba-266	6	14	depth	depth	NOUN
faba-266	6	15	may	may	AUX
faba-266	6	16	impede	impede	VERB
faba-266	6	17	growth	growth	NOUN
faba-266	6	18	due	due	ADP
faba-266	6	19	to	to	ADP
faba-266	6	20	transitional	transitional	ADJ
faba-266	6	21	costs	cost	NOUN
faba-266	6	22	or	or	CCONJ
faba-266	6	23	structural	structural	ADJ
faba-266	6	24	imbalances	imbalance	NOUN
faba-266	6	25	.	.	PUNCT
faba-266	7	1	moreover	moreover	ADV
faba-266	7	2	,	,	PUNCT
faba-266	7	3	the	the	DET
faba-266	7	4	heterogeneous	heterogeneous	ADJ
faba-266	7	5	short	short	ADJ
faba-266	7	6	-	-	PUNCT
faba-266	7	7	run	run	NOUN
faba-266	7	8	effects	effect	NOUN
faba-266	7	9	across	across	ADP
faba-266	7	10	countries	country	NOUN
faba-266	7	11	underscore	underscore	VERB
faba-266	7	12	the	the	DET
faba-266	7	13	pivotal	pivotal	ADJ
faba-266	7	14	role	role	NOUN
faba-266	7	15	of	of	ADP
faba-266	7	16	institutional	institutional	ADJ
faba-266	7	17	and	and	CCONJ
faba-266	7	18	economic	economic	ADJ
faba-266	7	19	factors	factor	NOUN
faba-266	7	20	in	in	ADP
faba-266	7	21	shaping	shape	VERB
faba-266	7	22	the	the	DET
faba-266	7	23	financial	financial	ADJ
faba-266	7	24	development	development	NOUN
faba-266	7	25	and	and	CCONJ
faba-266	7	26	economic	economic	ADJ
faba-266	7	27	growth	growth	NOUN
faba-266	7	28	nexus	nexus	NOUN
faba-266	7	29	.	.	PUNCT
faba-266	8	1	practical	practical	ADJ
faba-266	8	2	implications	implication	NOUN
faba-266	8	3	:	:	PUNCT
faba-266	8	4	policymakers	policymaker	NOUN
faba-266	8	5	should	should	AUX
faba-266	8	6	prioritize	prioritize	VERB
faba-266	8	7	financial	financial	ADJ
faba-266	8	8	inclusion	inclusion	NOUN
faba-266	8	9	and	and	CCONJ
faba-266	8	10	sector	sector	NOUN
faba-266	8	11	depth	depth	NOUN
faba-266	8	12	while	while	SCONJ
faba-266	8	13	addressing	address	VERB
faba-266	8	14	inefficiencies	inefficiency	NOUN
faba-266	8	15	that	that	PRON
faba-266	8	16	may	may	AUX
faba-266	8	17	hinder	hinder	VERB
faba-266	8	18	economic	economic	ADJ
faba-266	8	19	performance	performance	NOUN
faba-266	8	20	.	.	PUNCT
faba-266	9	1	strengthening	strengthen	VERB
faba-266	9	2	regulatory	regulatory	ADJ
faba-266	9	3	frameworks	framework	NOUN
faba-266	9	4	and	and	CCONJ
faba-266	9	5	improving	improve	VERB
faba-266	9	6	financial	financial	ADJ
faba-266	9	7	institutions	institution	NOUN
faba-266	9	8	’	'	PUNCT
faba-266	9	9	operational	operational	ADJ
faba-266	9	10	effectiveness	effectiveness	NOUN
faba-266	9	11	can	can	AUX
faba-266	9	12	foster	foster	VERB
faba-266	9	13	sustainable	sustainable	ADJ
faba-266	9	14	economic	economic	ADJ
faba-266	9	15	growth	growth	NOUN
faba-266	9	16	.	.	PUNCT
faba-266	10	1	originality	originality	NOUN
faba-266	10	2	/	/	SYM
faba-266	10	3	value	value	NOUN
faba-266	10	4	:	:	PUNCT
faba-266	10	5	this	this	DET
faba-266	10	6	study	study	NOUN
faba-266	10	7	provides	provide	VERB
faba-266	10	8	new	new	ADJ
faba-266	10	9	empirical	empirical	ADJ
faba-266	10	10	evidence	evidence	NOUN
faba-266	10	11	on	on	ADP
faba-266	10	12	the	the	DET
faba-266	10	13	finance	finance	NOUN
faba-266	10	14	-	-	PUNCT
faba-266	10	15	growth	growth	NOUN
faba-266	10	16	nexus	nexus	NOUN
faba-266	10	17	in	in	ADP
faba-266	10	18	african	african	ADJ
faba-266	10	19	economies	economy	NOUN
faba-266	10	20	,	,	PUNCT
faba-266	10	21	considering	consider	VERB
faba-266	10	22	multiple	multiple	ADJ
faba-266	10	23	dimensions	dimension	NOUN
faba-266	10	24	of	of	ADP
faba-266	10	25	financial	financial	ADJ
faba-266	10	26	development	development	NOUN
faba-266	10	27	and	and	CCONJ
faba-266	10	28	utilizing	utilize	VERB
faba-266	10	29	a	a	DET
faba-266	10	30	robust	robust	ADJ
faba-266	10	31	econometric	econometric	ADJ
faba-266	10	32	approach	approach	NOUN
faba-266	10	33	(	(	PUNCT
faba-266	10	34	panel	panel	NOUN
faba-266	10	35	ardl	ardl	NOUN
faba-266	10	36	)	)	PUNCT
faba-266	10	37	.	.	PUNCT
faba-266	11	1	it	it	PRON
faba-266	11	2	contributes	contribute	VERB
faba-266	11	3	to	to	ADP
faba-266	11	4	the	the	DET
faba-266	11	5	debate	debate	NOUN
faba-266	11	6	on	on	ADP
faba-266	11	7	financial	financial	ADJ
faba-266	11	8	development	development	NOUN
faba-266	11	9	by	by	ADP
faba-266	11	10	distinguishing	distinguish	VERB
faba-266	11	11	between	between	ADP
faba-266	11	12	access	access	NOUN
faba-266	11	13	,	,	PUNCT
faba-266	11	14	depth	depth	NOUN
faba-266	11	15	,	,	PUNCT
faba-266	11	16	and	and	CCONJ
faba-266	11	17	efficiency	efficiency	NOUN
faba-266	11	18	.	.	PUNCT
faba-266	12	1	paper	paper	NOUN
faba-266	12	2	type	type	NOUN
faba-266	12	3	:	:	PUNCT
faba-266	12	4	research	research	NOUN
faba-266	12	5	paper	paper	NOUN
faba-266	12	6	.	.	PUNCT
faba-266	13	1	keywords	keyword	NOUN
faba-266	13	2	:	:	PUNCT
faba-266	13	3	financial	financial	ADJ
faba-266	13	4	development	development	NOUN
faba-266	13	5	,	,	PUNCT
faba-266	13	6	economic	economic	ADJ
faba-266	13	7	growth	growth	NOUN
faba-266	13	8	,	,	PUNCT
faba-266	13	9	financial	financial	ADJ
faba-266	13	10	institutions	institution	NOUN
faba-266	13	11	,	,	PUNCT
faba-266	13	12	panel	panel	NOUN
faba-266	13	13	ardl	ardl	NOUN
faba-266	13	14	,	,	PUNCT
faba-266	13	15	african	african	ADJ
faba-266	13	16	countries	country	NOUN
faba-266	13	17	jel	jel	PROPN
faba-266	13	18	:	:	PUNCT
faba-266	13	19	g21	g21	PROPN
faba-266	13	20	,	,	PUNCT
faba-266	13	21	o16	o16	X
faba-266	13	22	,	,	PUNCT
faba-266	13	23	c33	c33	NOUN
faba-266	13	24	,	,	PUNCT
faba-266	13	25	o55	o55	PROPN
faba-266	13	26	*	*	PUNCT
faba-266	13	27	address	address	NOUN
faba-266	13	28	correspondence	correspondence	NOUN
faba-266	13	29	:	:	PUNCT
faba-266	14	1	e	e	X
faba-266	14	2	-	-	NOUN
faba-266	14	3	mail	mail	NOUN
faba-266	14	4	:	:	PUNCT
faba-266	14	5	ilias.mennad@univ	ilias.mennad@univ	NUM
faba-266	14	6	-	-	SYM
faba-266	14	7	temouchent.edu.dz1	temouchent.edu.dz1	PRON
faba-266	14	8	anes.meskini@univ	anes.meskini@univ	NUM
faba-266	14	9	-	-	PUNCT
faba-266	14	10	temouchent.edu.dz2	temouchent.edu.dz2	NUM
faba-266	14	11	amina.benhaddou@univ	amina.benhaddou@univ	PROPN
faba-266	14	12	-	-	PUNCT
faba-266	14	13	temouchent.edu.dz3	temouchent.edu.dz3	DET
faba-266	14	14	http://faba.bg/	http://faba.bg/	NOUN
faba-266	14	15	https://doi.org/10.37075/faba.2025.1.08	https://doi.org/10.37075/faba.2025.1.08	NUM
faba-266	14	16	mailto:ilias.mennad@univ-temouchent.edu.dz	mailto:ilias.mennad@univ-temouchent.edu.dz	PROPN
faba-266	14	17	mailto:anes.meskini@univ-temouchent.edu.dz	mailto:anes.meskini@univ-temouchent.edu.dz	PROPN
faba-266	14	18	mailto:amina.benhaddou@univ-temouchent.edu.dz	mailto:amina.benhaddou@univ-temouchent.edu.dz	PROPN
faba-266	14	19	https://orcid.org/0000-0001-5521-7950	https://orcid.org/0000-0001-5521-7950	NOUN
faba-266	14	20	https://orcid.org/0009-0004-1008-6108	https://orcid.org/0009-0004-1008-6108	VERB
faba-266	14	21	https://orcid.org/0009-0003-7841-5986	https://orcid.org/0009-0003-7841-5986	PROPN
faba-266	14	22	b.i.z	b.i.z	NOUN
faba-266	14	23	..	..	SYM
faba-266	14	24	mennad	mennad	PROPN
faba-266	14	25	,	,	PUNCT
faba-266	14	26	a.	a.	NOUN
faba-266	14	27	meskini	meskini	NOUN
faba-266	14	28	,	,	PUNCT
faba-266	14	29	a.	a.	NOUN
faba-266	14	30	benhaddou	benhaddou	NOUN
faba-266	14	31	/	/	SYM
faba-266	14	32	finance	finance	NOUN
faba-266	14	33	,	,	PUNCT
faba-266	14	34	accounting	accounting	NOUN
faba-266	14	35	and	and	CCONJ
faba-266	14	36	business	business	NOUN
faba-266	14	37	analysis	analysis	NOUN
faba-266	14	38	,	,	PUNCT
faba-266	14	39	volume	volume	NOUN
faba-266	14	40	7	7	NUM
faba-266	14	41	,	,	PUNCT
faba-266	14	42	issue	issue	NOUN
faba-266	14	43	1	1	NUM
faba-266	14	44	,	,	PUNCT
faba-266	14	45	2025	2025	NUM
faba-266	14	46	100	100	NUM
faba-266	14	47	introduction	introduction	NOUN
faba-266	14	48	financial	financial	ADJ
faba-266	14	49	development	development	NOUN
faba-266	14	50	is	be	AUX
faba-266	14	51	widely	widely	ADV
faba-266	14	52	recognized	recognize	VERB
faba-266	14	53	as	as	ADP
faba-266	14	54	a	a	DET
faba-266	14	55	key	key	ADJ
faba-266	14	56	driver	driver	NOUN
faba-266	14	57	of	of	ADP
faba-266	14	58	economic	economic	ADJ
faba-266	14	59	growth	growth	NOUN
faba-266	14	60	,	,	PUNCT
faba-266	14	61	a	a	DET
faba-266	14	62	view	view	NOUN
faba-266	14	63	supported	support	VERB
faba-266	14	64	by	by	ADP
faba-266	14	65	numerous	numerous	ADJ
faba-266	14	66	empirical	empirical	ADJ
faba-266	14	67	studies	study	NOUN
faba-266	14	68	,	,	PUNCT
faba-266	14	69	including	include	VERB
faba-266	14	70	(	(	PUNCT
faba-266	14	71	levine	levine	PROPN
faba-266	14	72	1999	1999	NUM
faba-266	14	73	)	)	PUNCT
faba-266	14	74	.	.	PUNCT
faba-266	15	1	however	however	ADV
faba-266	15	2	,	,	PUNCT
faba-266	15	3	the	the	DET
faba-266	15	4	precise	precise	ADJ
faba-266	15	5	nature	nature	NOUN
faba-266	15	6	of	of	ADP
faba-266	15	7	the	the	DET
faba-266	15	8	relationship	relationship	NOUN
faba-266	15	9	between	between	ADP
faba-266	15	10	financial	financial	ADJ
faba-266	15	11	development	development	NOUN
faba-266	15	12	and	and	CCONJ
faba-266	15	13	economic	economic	ADJ
faba-266	15	14	growth	growth	NOUN
faba-266	15	15	remains	remain	VERB
faba-266	15	16	a	a	DET
faba-266	15	17	topic	topic	NOUN
faba-266	15	18	of	of	ADP
faba-266	15	19	extensive	extensive	ADJ
faba-266	15	20	research	research	NOUN
faba-266	15	21	and	and	CCONJ
faba-266	15	22	ongoing	ongoing	ADJ
faba-266	15	23	debate	debate	NOUN
faba-266	15	24	.	.	PUNCT
faba-266	16	1	while	while	SCONJ
faba-266	16	2	some	some	DET
faba-266	16	3	studies	study	NOUN
faba-266	16	4	highlight	highlight	VERB
faba-266	16	5	the	the	DET
faba-266	16	6	positive	positive	ADJ
faba-266	16	7	impact	impact	NOUN
faba-266	16	8	of	of	ADP
faba-266	16	9	financial	financial	ADJ
faba-266	16	10	development	development	NOUN
faba-266	16	11	in	in	ADP
faba-266	16	12	stimulating	stimulate	VERB
faba-266	16	13	economic	economic	ADJ
faba-266	16	14	expansion	expansion	NOUN
faba-266	16	15	,	,	PUNCT
faba-266	16	16	others	other	NOUN
faba-266	16	17	emphasize	emphasize	VERB
faba-266	16	18	the	the	DET
faba-266	16	19	complexities	complexity	NOUN
faba-266	16	20	introduced	introduce	VERB
faba-266	16	21	by	by	ADP
faba-266	16	22	institutional	institutional	ADJ
faba-266	16	23	quality	quality	NOUN
faba-266	16	24	,	,	PUNCT
faba-266	16	25	income	income	NOUN
faba-266	16	26	inequality	inequality	NOUN
faba-266	16	27	,	,	PUNCT
faba-266	16	28	and	and	CCONJ
faba-266	16	29	regional	regional	ADJ
faba-266	16	30	disparities	disparity	NOUN
faba-266	16	31	(	(	PUNCT
faba-266	16	32	asante	asante	PROPN
faba-266	16	33	et	et	PROPN
faba-266	16	34	al	al	PROPN
faba-266	16	35	.	.	PROPN
faba-266	16	36	2023	2023	NUM
faba-266	16	37	)	)	PUNCT
faba-266	16	38	.	.	PUNCT
faba-266	17	1	a	a	DET
faba-266	17	2	well	well	ADV
faba-266	17	3	-	-	PUNCT
faba-266	17	4	functioning	function	VERB
faba-266	17	5	financial	financial	ADJ
faba-266	17	6	system	system	NOUN
faba-266	17	7	plays	play	VERB
faba-266	17	8	a	a	DET
faba-266	17	9	crucial	crucial	ADJ
faba-266	17	10	role	role	NOUN
faba-266	17	11	in	in	ADP
faba-266	17	12	mobilizing	mobilize	VERB
faba-266	17	13	savings	saving	NOUN
faba-266	17	14	,	,	PUNCT
faba-266	17	15	efficiently	efficiently	ADV
faba-266	17	16	allocating	allocate	VERB
faba-266	17	17	resources	resource	NOUN
faba-266	17	18	to	to	ADP
faba-266	17	19	the	the	DET
faba-266	17	20	most	most	ADV
faba-266	17	21	productive	productive	ADJ
faba-266	17	22	investments	investment	NOUN
faba-266	17	23	,	,	PUNCT
faba-266	17	24	reducing	reduce	VERB
faba-266	17	25	transaction	transaction	NOUN
faba-266	17	26	costs	cost	NOUN
faba-266	17	27	,	,	PUNCT
faba-266	17	28	distributing	distribute	VERB
faba-266	17	29	risks	risk	NOUN
faba-266	17	30	,	,	PUNCT
faba-266	17	31	and	and	CCONJ
faba-266	17	32	fostering	foster	VERB
faba-266	17	33	innovation	innovation	NOUN
faba-266	17	34	and	and	CCONJ
faba-266	17	35	technological	technological	ADJ
faba-266	17	36	advancement	advancement	NOUN
faba-266	17	37	(	(	PUNCT
faba-266	17	38	mengesha	mengesha	NOUN
faba-266	17	39	and	and	CCONJ
faba-266	17	40	berde	berde	ADP
faba-266	17	41	2023	2023	NUM
faba-266	17	42	)	)	PUNCT
faba-266	17	43	.	.	PUNCT
faba-266	18	1	expanding	expand	VERB
faba-266	18	2	financial	financial	ADJ
faba-266	18	3	services	service	NOUN
faba-266	18	4	and	and	CCONJ
faba-266	18	5	transactions	transaction	NOUN
faba-266	18	6	within	within	ADP
faba-266	18	7	an	an	DET
faba-266	18	8	economy	economy	NOUN
faba-266	18	9	enhances	enhance	VERB
faba-266	18	10	overall	overall	ADJ
faba-266	18	11	productivity	productivity	NOUN
faba-266	18	12	,	,	PUNCT
faba-266	18	13	contributing	contribute	VERB
faba-266	18	14	to	to	ADP
faba-266	18	15	job	job	NOUN
faba-266	18	16	creation	creation	NOUN
faba-266	18	17	,	,	PUNCT
faba-266	18	18	poverty	poverty	NOUN
faba-266	18	19	reduction	reduction	NOUN
faba-266	18	20	,	,	PUNCT
faba-266	18	21	and	and	CCONJ
faba-266	18	22	income	income	NOUN
faba-266	18	23	distribution	distribution	NOUN
faba-266	18	24	,	,	PUNCT
faba-266	18	25	particularly	particularly	ADV
faba-266	18	26	in	in	ADP
faba-266	18	27	developing	develop	VERB
faba-266	18	28	nations	nation	NOUN
faba-266	18	29	(	(	PUNCT
faba-266	18	30	abbas	abbas	PROPN
faba-266	18	31	et	et	PROPN
faba-266	18	32	al	al	PROPN
faba-266	18	33	.	.	PROPN
faba-266	18	34	2022	2022	NUM
faba-266	18	35	)	)	PUNCT
faba-266	18	36	.	.	PUNCT
faba-266	19	1	moreover	moreover	ADV
faba-266	19	2	,	,	PUNCT
faba-266	19	3	financial	financial	ADJ
faba-266	19	4	development	development	NOUN
faba-266	19	5	broadens	broaden	VERB
faba-266	19	6	the	the	DET
faba-266	19	7	scope	scope	NOUN
faba-266	19	8	of	of	ADP
faba-266	19	9	financial	financial	ADJ
faba-266	19	10	transactions	transaction	NOUN
faba-266	19	11	,	,	PUNCT
faba-266	19	12	increasing	increase	VERB
faba-266	19	13	capital	capital	NOUN
faba-266	19	14	availability	availability	NOUN
faba-266	19	15	and	and	CCONJ
faba-266	19	16	improving	improve	VERB
faba-266	19	17	economic	economic	ADJ
faba-266	19	18	performance	performance	NOUN
faba-266	19	19	(	(	PUNCT
faba-266	19	20	omri	omri	PROPN
faba-266	19	21	et	et	PROPN
faba-266	19	22	al	al	PROPN
faba-266	19	23	.	.	PROPN
faba-266	19	24	2015	2015	NUM
faba-266	19	25	)	)	PUNCT
faba-266	19	26	.	.	PUNCT
faba-266	20	1	at	at	ADP
faba-266	20	2	the	the	DET
faba-266	20	3	same	same	ADJ
faba-266	20	4	time	time	NOUN
faba-266	20	5	,	,	PUNCT
faba-266	20	6	some	some	DET
faba-266	20	7	scholars	scholar	NOUN
faba-266	20	8	argue	argue	VERB
faba-266	20	9	that	that	SCONJ
faba-266	20	10	economic	economic	ADJ
faba-266	20	11	growth	growth	NOUN
faba-266	20	12	itself	itself	PRON
faba-266	20	13	drives	drive	VERB
faba-266	20	14	financial	financial	ADJ
faba-266	20	15	development	development	NOUN
faba-266	20	16	,	,	PUNCT
faba-266	20	17	as	as	SCONJ
faba-266	20	18	rising	rise	VERB
faba-266	20	19	incomes	income	NOUN
faba-266	20	20	increase	increase	VERB
faba-266	20	21	the	the	DET
faba-266	20	22	demand	demand	NOUN
faba-266	20	23	for	for	ADP
faba-266	20	24	financial	financial	ADJ
faba-266	20	25	services	service	NOUN
faba-266	20	26	(	(	PUNCT
faba-266	20	27	song	song	NOUN
faba-266	20	28	et	et	PROPN
faba-266	20	29	al	al	PROPN
faba-266	20	30	.	.	PROPN
faba-266	20	31	2021	2021	NUM
faba-266	20	32	)	)	PUNCT
faba-266	20	33	.	.	PUNCT
faba-266	21	1	despite	despite	SCONJ
faba-266	21	2	extensive	extensive	ADJ
faba-266	21	3	research	research	NOUN
faba-266	21	4	,	,	PUNCT
faba-266	21	5	empirical	empirical	ADJ
faba-266	21	6	findings	finding	NOUN
faba-266	21	7	on	on	ADP
faba-266	21	8	the	the	DET
faba-266	21	9	causal	causal	ADJ
faba-266	21	10	direction	direction	NOUN
faba-266	21	11	of	of	ADP
faba-266	21	12	this	this	DET
faba-266	21	13	relationship	relationship	NOUN
faba-266	21	14	remain	remain	VERB
faba-266	21	15	inconclusive	inconclusive	ADJ
faba-266	21	16	.	.	PUNCT
faba-266	22	1	some	some	DET
faba-266	22	2	studies	study	NOUN
faba-266	22	3	assert	assert	VERB
faba-266	22	4	that	that	SCONJ
faba-266	22	5	financial	financial	ADJ
faba-266	22	6	development	development	NOUN
faba-266	22	7	precedes	precede	VERB
faba-266	22	8	and	and	CCONJ
faba-266	22	9	accelerates	accelerate	VERB
faba-266	22	10	economic	economic	ADJ
faba-266	22	11	growth	growth	NOUN
faba-266	22	12	,	,	PUNCT
faba-266	22	13	while	while	SCONJ
faba-266	22	14	others	other	NOUN
faba-266	22	15	suggest	suggest	VERB
faba-266	22	16	that	that	SCONJ
faba-266	22	17	economic	economic	ADJ
faba-266	22	18	expansion	expansion	NOUN
faba-266	22	19	stimulates	stimulate	VERB
faba-266	22	20	the	the	DET
faba-266	22	21	financial	financial	ADJ
faba-266	22	22	sector	sector	NOUN
faba-266	22	23	.	.	PUNCT
faba-266	23	1	the	the	DET
faba-266	23	2	role	role	NOUN
faba-266	23	3	of	of	ADP
faba-266	23	4	institutional	institutional	ADJ
faba-266	23	5	quality	quality	NOUN
faba-266	23	6	,	,	PUNCT
faba-266	23	7	financial	financial	ADJ
faba-266	23	8	regulations	regulation	NOUN
faba-266	23	9	,	,	PUNCT
faba-266	23	10	and	and	CCONJ
faba-266	23	11	political	political	ADJ
faba-266	23	12	stability	stability	NOUN
faba-266	23	13	further	far	ADV
faba-266	23	14	complicates	complicate	VERB
faba-266	23	15	this	this	DET
faba-266	23	16	nexus	nexus	NOUN
faba-266	23	17	(	(	PUNCT
faba-266	23	18	asante	asante	PROPN
faba-266	23	19	et	et	PROPN
faba-266	23	20	al	al	PROPN
faba-266	23	21	.	.	PROPN
faba-266	23	22	2023	2023	NUM
faba-266	23	23	)	)	PUNCT
faba-266	23	24	.	.	PUNCT
faba-266	24	1	given	give	VERB
faba-266	24	2	these	these	DET
faba-266	24	3	ambiguities	ambiguity	NOUN
faba-266	24	4	,	,	PUNCT
faba-266	24	5	further	further	ADJ
faba-266	24	6	research	research	NOUN
faba-266	24	7	is	be	AUX
faba-266	24	8	essential	essential	ADJ
faba-266	24	9	to	to	PART
faba-266	24	10	provide	provide	VERB
faba-266	24	11	policymakers	policymaker	NOUN
faba-266	24	12	with	with	ADP
faba-266	24	13	insights	insight	NOUN
faba-266	24	14	into	into	ADP
faba-266	24	15	the	the	DET
faba-266	24	16	optimal	optimal	ADJ
faba-266	24	17	strategies	strategy	NOUN
faba-266	24	18	for	for	ADP
faba-266	24	19	fostering	foster	VERB
faba-266	24	20	sustainable	sustainable	ADJ
faba-266	24	21	economic	economic	ADJ
faba-266	24	22	growth	growth	NOUN
faba-266	24	23	through	through	ADP
faba-266	24	24	financial	financial	ADJ
faba-266	24	25	development	development	NOUN
faba-266	24	26	.	.	PUNCT
faba-266	25	1	this	this	DET
faba-266	25	2	study	study	NOUN
faba-266	25	3	contributes	contribute	VERB
faba-266	25	4	to	to	ADP
faba-266	25	5	the	the	DET
faba-266	25	6	continuing	continue	VERB
faba-266	25	7	discourse	discourse	NOUN
faba-266	25	8	on	on	ADP
faba-266	25	9	the	the	DET
faba-266	25	10	relationship	relationship	NOUN
faba-266	25	11	between	between	ADP
faba-266	25	12	financial	financial	ADJ
faba-266	25	13	development	development	NOUN
faba-266	25	14	and	and	CCONJ
faba-266	25	15	economic	economic	ADJ
faba-266	25	16	growth	growth	NOUN
faba-266	25	17	by	by	ADP
faba-266	25	18	addressing	address	VERB
faba-266	25	19	the	the	DET
faba-266	25	20	following	follow	VERB
faba-266	25	21	question	question	NOUN
faba-266	25	22	:	:	PUNCT
faba-266	25	23	does	do	AUX
faba-266	25	24	financial	financial	ADJ
faba-266	25	25	development	development	NOUN
faba-266	25	26	from	from	ADP
faba-266	25	27	the	the	DET
faba-266	25	28	perspective	perspective	NOUN
faba-266	25	29	of	of	ADP
faba-266	25	30	financial	financial	ADJ
faba-266	25	31	institutions	institution	NOUN
faba-266	25	32	stimulate	stimulate	VERB
faba-266	25	33	economic	economic	ADJ
faba-266	25	34	growth	growth	NOUN
faba-266	25	35	in	in	ADP
faba-266	25	36	the	the	DET
faba-266	25	37	african	african	ADJ
faba-266	25	38	countries	country	NOUN
faba-266	25	39	under	under	ADP
faba-266	25	40	study	study	NOUN
faba-266	25	41	?	?	PUNCT
faba-266	26	1	literature	literature	NOUN
faba-266	26	2	review	review	PROPN
faba-266	26	3	multiple	multiple	ADJ
faba-266	26	4	studies	study	NOUN
faba-266	26	5	have	have	AUX
faba-266	26	6	examined	examine	VERB
faba-266	26	7	the	the	DET
faba-266	26	8	relationship	relationship	NOUN
faba-266	26	9	between	between	ADP
faba-266	26	10	financial	financial	ADJ
faba-266	26	11	development	development	NOUN
faba-266	26	12	and	and	CCONJ
faba-266	26	13	economic	economic	ADJ
faba-266	26	14	growth	growth	NOUN
faba-266	26	15	,	,	PUNCT
faba-266	26	16	utilizing	utilize	VERB
faba-266	26	17	diverse	diverse	ADJ
faba-266	26	18	objectives	objective	NOUN
faba-266	26	19	,	,	PUNCT
faba-266	26	20	methodologies	methodology	NOUN
faba-266	26	21	,	,	PUNCT
faba-266	26	22	and	and	CCONJ
faba-266	26	23	findings	finding	NOUN
faba-266	26	24	.	.	PUNCT
faba-266	27	1	given	give	VERB
faba-266	27	2	the	the	DET
faba-266	27	3	theoretical	theoretical	ADJ
faba-266	27	4	challenges	challenge	NOUN
faba-266	27	5	in	in	ADP
faba-266	27	6	determining	determine	VERB
faba-266	27	7	the	the	DET
faba-266	27	8	direction	direction	NOUN
faba-266	27	9	of	of	ADP
faba-266	27	10	this	this	DET
faba-266	27	11	relationship	relationship	NOUN
faba-266	27	12	,	,	PUNCT
faba-266	27	13	recent	recent	ADJ
faba-266	27	14	research	research	NOUN
faba-266	27	15	has	have	AUX
faba-266	27	16	largely	largely	ADV
faba-266	27	17	focused	focus	VERB
faba-266	27	18	on	on	ADP
faba-266	27	19	empirical	empirical	ADJ
faba-266	27	20	analysis	analysis	NOUN
faba-266	27	21	.	.	PUNCT
faba-266	28	1	the	the	DET
faba-266	28	2	literature	literature	NOUN
faba-266	28	3	indicates	indicate	VERB
faba-266	28	4	that	that	SCONJ
faba-266	28	5	the	the	DET
faba-266	28	6	impact	impact	NOUN
faba-266	28	7	of	of	ADP
faba-266	28	8	financial	financial	ADJ
faba-266	28	9	development	development	NOUN
faba-266	28	10	varies	varie	NOUN
faba-266	28	11	,	,	PUNCT
faba-266	28	12	manifesting	manifest	VERB
faba-266	28	13	as	as	ADV
faba-266	28	14	positive	positive	ADJ
faba-266	28	15	,	,	PUNCT
faba-266	28	16	negative	negative	ADJ
faba-266	28	17	,	,	PUNCT
faba-266	28	18	or	or	CCONJ
faba-266	28	19	neutral	neutral	ADJ
faba-266	28	20	.	.	PUNCT
faba-266	29	1	the	the	DET
faba-266	29	2	following	follow	VERB
faba-266	29	3	section	section	NOUN
faba-266	29	4	provides	provide	VERB
faba-266	29	5	a	a	DET
faba-266	29	6	critical	critical	ADJ
faba-266	29	7	review	review	NOUN
faba-266	29	8	of	of	ADP
faba-266	29	9	key	key	ADJ
faba-266	29	10	prior	prior	ADJ
faba-266	29	11	studies	study	NOUN
faba-266	29	12	,	,	PUNCT
faba-266	29	13	highlighting	highlight	VERB
faba-266	29	14	existing	exist	VERB
faba-266	29	15	research	research	NOUN
faba-266	29	16	gaps	gap	NOUN
faba-266	29	17	.	.	PUNCT
faba-266	30	1	extensive	extensive	ADJ
faba-266	30	2	research	research	NOUN
faba-266	30	3	has	have	AUX
faba-266	30	4	examined	examine	VERB
faba-266	30	5	the	the	DET
faba-266	30	6	relationship	relationship	NOUN
faba-266	30	7	between	between	ADP
faba-266	30	8	financial	financial	ADJ
faba-266	30	9	development	development	NOUN
faba-266	30	10	and	and	CCONJ
faba-266	30	11	economic	economic	ADJ
faba-266	30	12	growth	growth	NOUN
faba-266	30	13	,	,	PUNCT
faba-266	30	14	with	with	ADP
faba-266	30	15	meta	meta	ADJ
faba-266	30	16	-	-	ADJ
faba-266	30	17	analytical	analytical	ADJ
faba-266	30	18	studies	study	NOUN
faba-266	30	19	offering	offer	VERB
faba-266	30	20	a	a	DET
faba-266	30	21	comprehensive	comprehensive	ADJ
faba-266	30	22	synthesis	synthesis	NOUN
faba-266	30	23	of	of	ADP
faba-266	30	24	empirical	empirical	ADJ
faba-266	30	25	findings	finding	NOUN
faba-266	30	26	.	.	PUNCT
faba-266	31	1	bijlsma	bijlsma	PROPN
faba-266	31	2	et	et	PROPN
faba-266	31	3	al	al	PROPN
faba-266	31	4	.	.	PROPN
faba-266	32	1	(	(	PUNCT
faba-266	32	2	2018	2018	NUM
faba-266	32	3	)	)	PUNCT
faba-266	32	4	conduct	conduct	VERB
faba-266	32	5	a	a	DET
faba-266	32	6	meta	meta	ADJ
faba-266	32	7	-	-	PUNCT
faba-266	32	8	analysis	analysis	NOUN
faba-266	32	9	of	of	ADP
faba-266	32	10	551	551	NUM
faba-266	32	11	estimates	estimate	NOUN
faba-266	32	12	from	from	ADP
faba-266	32	13	68	68	NUM
faba-266	32	14	studies	study	NOUN
faba-266	32	15	,	,	PUNCT
faba-266	32	16	highlighting	highlight	VERB
faba-266	32	17	significant	significant	ADJ
faba-266	32	18	publication	publication	NOUN
faba-266	32	19	bias	bias	NOUN
faba-266	32	20	that	that	PRON
faba-266	32	21	has	have	AUX
faba-266	32	22	likely	likely	ADV
faba-266	32	23	overstated	overstate	VERB
faba-266	32	24	the	the	DET
faba-266	32	25	impact	impact	NOUN
faba-266	32	26	of	of	ADP
faba-266	32	27	financial	financial	ADJ
faba-266	32	28	development	development	NOUN
faba-266	32	29	measured	measure	VERB
faba-266	32	30	by	by	ADP
faba-266	32	31	private	private	ADJ
faba-266	32	32	credit	credit	NOUN
faba-266	32	33	to	to	ADP
faba-266	32	34	gdp	gdp	NOUN
faba-266	32	35	on	on	ADP
faba-266	32	36	economic	economic	ADJ
faba-266	32	37	growth	growth	NOUN
faba-266	32	38	.	.	PUNCT
faba-266	33	1	after	after	ADP
faba-266	33	2	accounting	account	VERB
faba-266	33	3	for	for	ADP
faba-266	33	4	this	this	DET
faba-266	33	5	bias	bias	NOUN
faba-266	33	6	,	,	PUNCT
faba-266	33	7	the	the	DET
faba-266	33	8	results	result	NOUN
faba-266	33	9	indicate	indicate	VERB
faba-266	33	10	a	a	DET
faba-266	33	11	small	small	ADJ
faba-266	33	12	yet	yet	CCONJ
faba-266	33	13	positive	positive	ADJ
faba-266	33	14	effect	effect	NOUN
faba-266	33	15	in	in	ADP
faba-266	33	16	logarithmic	logarithmic	ADJ
faba-266	33	17	models	model	NOUN
faba-266	33	18	,	,	PUNCT
faba-266	33	19	where	where	SCONJ
faba-266	33	20	a	a	DET
faba-266	33	21	10	10	NUM
faba-266	33	22	%	%	NOUN
faba-266	33	23	increase	increase	NOUN
faba-266	33	24	in	in	ADP
faba-266	33	25	private	private	ADJ
faba-266	33	26	credit	credit	NOUN
faba-266	33	27	leads	lead	VERB
faba-266	33	28	to	to	ADP
faba-266	33	29	a	a	DET
faba-266	33	30	0.09	0.09	NUM
faba-266	33	31	percentage	percentage	NOUN
faba-266	33	32	point	point	NOUN
faba-266	33	33	rise	rise	NOUN
faba-266	33	34	in	in	ADP
faba-266	33	35	growth	growth	NOUN
faba-266	33	36	,	,	PUNCT
faba-266	33	37	while	while	SCONJ
faba-266	33	38	linear	linear	NOUN
faba-266	33	39	models	model	NOUN
faba-266	33	40	show	show	VERB
faba-266	33	41	no	no	DET
faba-266	33	42	significant	significant	ADJ
faba-266	33	43	relationship	relationship	NOUN
faba-266	33	44	.	.	PUNCT
faba-266	34	1	these	these	DET
faba-266	34	2	findings	finding	NOUN
faba-266	34	3	align	align	VERB
faba-266	34	4	with	with	ADP
faba-266	34	5	the	the	DET
faba-266	34	6	“	"	PUNCT
faba-266	34	7	too	too	ADV
faba-266	34	8	much	much	ADJ
faba-266	34	9	finance	finance	NOUN
faba-266	34	10	”	"	PUNCT
faba-266	34	11	hypothesis	hypothesis	NOUN
faba-266	34	12	,	,	PUNCT
faba-266	34	13	suggesting	suggest	VERB
faba-266	34	14	that	that	SCONJ
faba-266	34	15	excessive	excessive	ADJ
faba-266	34	16	financial	financial	ADJ
faba-266	34	17	development	development	NOUN
faba-266	34	18	may	may	AUX
faba-266	34	19	hinder	hinder	VERB
faba-266	34	20	rather	rather	ADV
faba-266	34	21	than	than	ADP
faba-266	34	22	enhance	enhance	VERB
faba-266	34	23	growth	growth	NOUN
faba-266	34	24	.	.	PUNCT
faba-266	35	1	similarly	similarly	ADV
faba-266	35	2	,	,	PUNCT
faba-266	35	3	valickova	valickova	PROPN
faba-266	35	4	et	et	PROPN
faba-266	35	5	al	al	PROPN
faba-266	35	6	.	.	PROPN
faba-266	36	1	(	(	PUNCT
faba-266	36	2	2014	2014	NUM
faba-266	36	3	)	)	PUNCT
faba-266	36	4	analyze	analyze	VERB
faba-266	36	5	1,334	1,334	NUM
faba-266	36	6	estimates	estimate	NOUN
faba-266	36	7	from	from	ADP
faba-266	36	8	67	67	NUM
faba-266	36	9	studies	study	NOUN
faba-266	36	10	,	,	PUNCT
faba-266	36	11	reporting	report	VERB
faba-266	36	12	a	a	DET
faba-266	36	13	statistically	statistically	ADV
faba-266	36	14	significant	significant	ADJ
faba-266	36	15	positive	positive	ADJ
faba-266	36	16	effect	effect	NOUN
faba-266	36	17	of	of	ADP
faba-266	36	18	financial	financial	ADJ
faba-266	36	19	development	development	NOUN
faba-266	36	20	on	on	ADP
faba-266	36	21	growth	growth	NOUN
faba-266	36	22	.	.	PUNCT
faba-266	37	1	however	however	ADV
faba-266	37	2	,	,	PUNCT
faba-266	37	3	due	due	ADP
faba-266	37	4	to	to	ADP
faba-266	37	5	methodological	methodological	ADJ
faba-266	37	6	transformations	transformation	NOUN
faba-266	37	7	,	,	PUNCT
faba-266	37	8	the	the	DET
faba-266	37	9	study	study	NOUN
faba-266	37	10	does	do	AUX
faba-266	37	11	not	not	PART
faba-266	37	12	provide	provide	VERB
faba-266	37	13	an	an	DET
faba-266	37	14	interpretable	interpretable	ADJ
faba-266	37	15	economic	economic	ADJ
faba-266	37	16	magnitude	magnitude	NOUN
faba-266	37	17	of	of	ADP
faba-266	37	18	this	this	DET
faba-266	37	19	effect	effect	NOUN
faba-266	37	20	.	.	PUNCT
faba-266	38	1	their	their	PRON
faba-266	38	2	fat	fat	ADJ
faba-266	38	3	-	-	PUNCT
faba-266	38	4	pet	pet	NOUN
faba-266	38	5	analysis	analysis	NOUN
faba-266	38	6	finds	find	VERB
faba-266	38	7	no	no	DET
faba-266	38	8	evidence	evidence	NOUN
faba-266	38	9	of	of	ADP
faba-266	38	10	publication	publication	NOUN
faba-266	38	11	bias	bias	NOUN
faba-266	38	12	,	,	PUNCT
faba-266	38	13	although	although	SCONJ
faba-266	38	14	their	their	PRON
faba-266	38	15	full	full	ADJ
faba-266	38	16	meta	meta	ADJ
faba-266	38	17	-	-	PUNCT
faba-266	38	18	regression	regression	NOUN
faba-266	38	19	analysis	analysis	NOUN
faba-266	38	20	reveals	reveal	VERB
faba-266	38	21	a	a	DET
faba-266	38	22	negative	negative	ADJ
faba-266	38	23	and	and	CCONJ
faba-266	38	24	significant	significant	ADJ
faba-266	38	25	association	association	NOUN
faba-266	38	26	between	between	ADP
faba-266	38	27	standard	standard	ADJ
faba-266	38	28	errors	error	NOUN
faba-266	38	29	and	and	CCONJ
faba-266	38	30	estimates	estimate	NOUN
faba-266	38	31	,	,	PUNCT
faba-266	38	32	which	which	PRON
faba-266	38	33	is	be	AUX
faba-266	38	34	counterintuitive	counterintuitive	ADJ
faba-266	38	35	as	as	SCONJ
faba-266	38	36	it	it	PRON
faba-266	38	37	suggests	suggest	VERB
faba-266	38	38	a	a	DET
faba-266	38	39	bias	bias	NOUN
faba-266	38	40	against	against	ADP
faba-266	38	41	large	large	ADJ
faba-266	38	42	significant	significant	ADJ
faba-266	38	43	results	result	NOUN
faba-266	38	44	.	.	PUNCT
faba-266	39	1	in	in	ADP
faba-266	39	2	contrast	contrast	NOUN
faba-266	39	3	,	,	PUNCT
faba-266	39	4	arestis	arestis	PROPN
faba-266	39	5	et	et	PROPN
faba-266	39	6	al	al	PROPN
faba-266	39	7	.	.	PROPN
faba-266	39	8	(	(	PUNCT
faba-266	39	9	2014	2014	NUM
faba-266	39	10	)	)	PUNCT
faba-266	39	11	using	use	VERB
faba-266	39	12	1,151	1,151	NUM
faba-266	39	13	observations	observation	NOUN
faba-266	39	14	from	from	ADP
faba-266	39	15	69	69	NUM
faba-266	39	16	studies	study	NOUN
faba-266	39	17	,	,	PUNCT
faba-266	39	18	also	also	ADV
faba-266	39	19	find	find	VERB
faba-266	39	20	a	a	DET
faba-266	39	21	significant	significant	ADJ
faba-266	39	22	positive	positive	ADJ
faba-266	39	23	impact	impact	NOUN
faba-266	39	24	of	of	ADP
faba-266	39	25	financial	financial	ADJ
faba-266	39	26	development	development	NOUN
faba-266	39	27	on	on	ADP
faba-266	39	28	growth	growth	NOUN
faba-266	39	29	but	but	CCONJ
faba-266	39	30	detect	detect	VERB
faba-266	39	31	a	a	DET
faba-266	39	32	positive	positive	ADJ
faba-266	39	33	publication	publication	NOUN
faba-266	39	34	bias	bias	NOUN
faba-266	39	35	in	in	ADP
faba-266	39	36	their	their	PRON
faba-266	39	37	fat	fat	ADJ
faba-266	39	38	-	-	PUNCT
faba-266	39	39	pet	pet	NOUN
faba-266	39	40	analysis	analysis	NOUN
faba-266	39	41	.	.	PUNCT
faba-266	40	1	moreover	moreover	ADV
faba-266	40	2	,	,	PUNCT
faba-266	40	3	their	their	PRON
faba-266	40	4	full	full	ADJ
faba-266	40	5	mra	mra	NOUN
faba-266	40	6	reveals	reveal	VERB
faba-266	40	7	instances	instance	NOUN
faba-266	40	8	of	of	ADP
faba-266	40	9	negative	negative	ADJ
faba-266	40	10	and	and	CCONJ
faba-266	40	11	significant	significant	ADJ
faba-266	40	12	bias	bias	NOUN
faba-266	40	13	,	,	PUNCT
faba-266	40	14	further	far	ADV
faba-266	40	15	complicating	complicate	VERB
faba-266	40	16	the	the	DET
faba-266	40	17	interpretation	interpretation	NOUN
faba-266	40	18	of	of	ADP
faba-266	40	19	results	result	NOUN
faba-266	40	20	.	.	PUNCT
faba-266	41	1	these	these	DET
faba-266	41	2	meta	meta	ADJ
faba-266	41	3	-	-	PUNCT
faba-266	41	4	analyses	analysis	NOUN
faba-266	41	5	underscore	underscore	VERB
faba-266	41	6	the	the	DET
faba-266	41	7	complexity	complexity	NOUN
faba-266	41	8	of	of	ADP
faba-266	41	9	the	the	DET
faba-266	41	10	finance	finance	NOUN
faba-266	41	11	-	-	PUNCT
faba-266	41	12	growth	growth	NOUN
faba-266	41	13	nexus	nexus	NOUN
faba-266	41	14	,	,	PUNCT
faba-266	41	15	highlighting	highlight	VERB
faba-266	41	16	the	the	DET
faba-266	41	17	influence	influence	NOUN
faba-266	41	18	of	of	ADP
faba-266	41	19	methodological	methodological	ADJ
faba-266	41	20	choices	choice	NOUN
faba-266	41	21	,	,	PUNCT
faba-266	41	22	data	datum	NOUN
faba-266	41	23	transformations	transformation	NOUN
faba-266	41	24	,	,	PUNCT
faba-266	41	25	and	and	CCONJ
faba-266	41	26	potential	potential	ADJ
faba-266	41	27	biases	bias	NOUN
faba-266	41	28	in	in	ADP
faba-266	41	29	shaping	shape	VERB
faba-266	41	30	empirical	empirical	ADJ
faba-266	41	31	findings	finding	NOUN
faba-266	41	32	.	.	PUNCT
faba-266	42	1	this	this	DET
faba-266	42	2	relationship	relationship	NOUN
faba-266	42	3	is	be	AUX
faba-266	42	4	further	far	ADV
faba-266	42	5	influenced	influence	VERB
faba-266	42	6	by	by	ADP
faba-266	42	7	institutional	institutional	ADJ
faba-266	42	8	quality	quality	NOUN
faba-266	42	9	,	,	PUNCT
faba-266	42	10	sectoral	sectoral	ADJ
faba-266	42	11	variations	variation	NOUN
faba-266	42	12	,	,	PUNCT
faba-266	42	13	and	and	CCONJ
faba-266	42	14	regional	regional	ADJ
faba-266	42	15	disparities	disparity	NOUN
faba-266	42	16	,	,	PUNCT
faba-266	42	17	rendering	render	VERB
faba-266	42	18	it	it	PRON
faba-266	42	19	a	a	DET
faba-266	42	20	dynamic	dynamic	ADJ
faba-266	42	21	and	and	CCONJ
faba-266	42	22	multidimensional	multidimensional	ADJ
faba-266	42	23	phenomenon	phenomenon	NOUN
faba-266	42	24	.	.	PUNCT
faba-266	43	1	several	several	ADJ
faba-266	43	2	studies	study	NOUN
faba-266	43	3	provide	provide	VERB
faba-266	43	4	critical	critical	ADJ
faba-266	43	5	insights	insight	NOUN
faba-266	43	6	into	into	ADP
faba-266	43	7	this	this	DET
faba-266	43	8	nexus	nexus	NOUN
faba-266	43	9	,	,	PUNCT
faba-266	43	10	highlighting	highlight	VERB
faba-266	43	11	both	both	CCONJ
faba-266	43	12	the	the	DET
faba-266	43	13	enabling	enable	VERB
faba-266	43	14	and	and	CCONJ
faba-266	43	15	constraining	constrain	VERB
faba-266	43	16	factors	factor	NOUN
faba-266	43	17	influencing	influence	VERB
faba-266	43	18	growth	growth	NOUN
faba-266	43	19	across	across	ADP
faba-266	43	20	different	different	ADJ
faba-266	43	21	economies	economy	NOUN
faba-266	43	22	.	.	PUNCT
faba-266	44	1	financial	financial	ADJ
faba-266	44	2	development	development	NOUN
faba-266	44	3	plays	play	VERB
faba-266	44	4	a	a	DET
faba-266	44	5	crucial	crucial	ADJ
faba-266	44	6	role	role	NOUN
faba-266	44	7	in	in	ADP
faba-266	44	8	enhancing	enhance	VERB
faba-266	44	9	the	the	DET
faba-266	44	10	effects	effect	NOUN
faba-266	44	11	of	of	ADP
faba-266	44	12	foreign	foreign	ADJ
faba-266	44	13	direct	direct	ADJ
faba-266	44	14	investment	investment	NOUN
faba-266	44	15	on	on	ADP
faba-266	44	16	economic	economic	ADJ
faba-266	44	17	growth	growth	NOUN
faba-266	44	18	.	.	PUNCT
faba-266	45	1	an	an	DET
faba-266	45	2	et	et	NOUN
faba-266	45	3	al	al	PROPN
faba-266	45	4	.	.	PROPN
faba-266	46	1	(	(	PUNCT
faba-266	46	2	2025	2025	NUM
faba-266	46	3	)	)	PUNCT
faba-266	46	4	show	show	VERB
faba-266	46	5	that	that	SCONJ
faba-266	46	6	financial	financial	ADJ
faba-266	46	7	institutions	institution	NOUN
faba-266	46	8	,	,	PUNCT
faba-266	46	9	rather	rather	ADV
faba-266	46	10	than	than	ADP
faba-266	46	11	financial	financial	ADJ
faba-266	46	12	markets	market	NOUN
faba-266	46	13	,	,	PUNCT
faba-266	46	14	are	be	AUX
faba-266	46	15	key	key	ADJ
faba-266	46	16	in	in	ADP
faba-266	46	17	b.i.z	b.i.z	NOUN
faba-266	46	18	..	..	PUNCT
faba-266	46	19	mennad	mennad	PROPN
faba-266	46	20	,	,	PUNCT
faba-266	46	21	a.	a.	NOUN
faba-266	46	22	meskini	meskini	NOUN
faba-266	46	23	,	,	PUNCT
faba-266	46	24	a.	a.	NOUN
faba-266	46	25	benhaddou	benhaddou	NOUN
faba-266	46	26	/	/	SYM
faba-266	46	27	finance	finance	NOUN
faba-266	46	28	,	,	PUNCT
faba-266	46	29	accounting	accounting	NOUN
faba-266	46	30	and	and	CCONJ
faba-266	46	31	business	business	NOUN
faba-266	46	32	analysis	analysis	NOUN
faba-266	46	33	,	,	PUNCT
faba-266	46	34	volume	volume	NOUN
faba-266	46	35	7	7	NUM
faba-266	46	36	,	,	PUNCT
faba-266	46	37	issue	issue	NOUN
faba-266	46	38	1	1	NUM
faba-266	46	39	,	,	PUNCT
faba-266	46	40	2025	2025	NUM
faba-266	46	41	101	101	NUM
faba-266	46	42	mediating	mediate	VERB
faba-266	46	43	fdi	fdi	PROPN
faba-266	46	44	’s	’s	PART
faba-266	46	45	impact	impact	NOUN
faba-266	46	46	on	on	ADP
faba-266	46	47	growth	growth	NOUN
faba-266	46	48	.	.	PUNCT
faba-266	47	1	however	however	ADV
faba-266	47	2	,	,	PUNCT
faba-266	47	3	excessive	excessive	ADJ
faba-266	47	4	financial	financial	ADJ
faba-266	47	5	development	development	NOUN
faba-266	47	6	can	can	AUX
faba-266	47	7	diminish	diminish	VERB
faba-266	47	8	these	these	DET
faba-266	47	9	benefits	benefit	NOUN
faba-266	47	10	,	,	PUNCT
faba-266	47	11	suggesting	suggest	VERB
faba-266	47	12	an	an	DET
faba-266	47	13	inverted	invert	VERB
faba-266	47	14	-	-	PUNCT
faba-266	47	15	u	u	NOUN
faba-266	47	16	relationship	relationship	NOUN
faba-266	47	17	.	.	PUNCT
faba-266	48	1	similarly	similarly	ADV
faba-266	48	2	,	,	PUNCT
faba-266	48	3	el	el	PROPN
faba-266	48	4	menyari	menyari	PROPN
faba-266	48	5	(	(	PUNCT
faba-266	48	6	2019	2019	NUM
faba-266	48	7	)	)	PUNCT
faba-266	48	8	finds	find	VERB
faba-266	48	9	that	that	SCONJ
faba-266	48	10	foreign	foreign	ADJ
faba-266	48	11	bank	bank	NOUN
faba-266	48	12	entry	entry	NOUN
faba-266	48	13	stimulates	stimulate	VERB
faba-266	48	14	growth	growth	NOUN
faba-266	48	15	in	in	ADP
faba-266	48	16	north	north	NOUN
faba-266	48	17	and	and	CCONJ
faba-266	48	18	southern	southern	PROPN
faba-266	48	19	africa	africa	PROPN
faba-266	48	20	due	due	ADP
faba-266	48	21	to	to	ADP
faba-266	48	22	stronger	strong	ADJ
faba-266	48	23	financial	financial	ADJ
faba-266	48	24	institutions	institution	NOUN
faba-266	48	25	,	,	PUNCT
faba-266	48	26	while	while	SCONJ
faba-266	48	27	structural	structural	ADJ
faba-266	48	28	deficiencies	deficiency	NOUN
faba-266	48	29	in	in	ADP
faba-266	48	30	other	other	ADJ
faba-266	48	31	regions	region	NOUN
faba-266	48	32	limit	limit	VERB
faba-266	48	33	its	its	PRON
faba-266	48	34	positive	positive	ADJ
faba-266	48	35	impact	impact	NOUN
faba-266	48	36	.	.	PUNCT
faba-266	49	1	these	these	DET
faba-266	49	2	findings	finding	NOUN
faba-266	49	3	emphasize	emphasize	VERB
faba-266	49	4	the	the	DET
faba-266	49	5	importance	importance	NOUN
faba-266	49	6	of	of	ADP
faba-266	49	7	strengthening	strengthen	VERB
faba-266	49	8	financial	financial	ADJ
faba-266	49	9	institutions	institution	NOUN
faba-266	49	10	to	to	PART
faba-266	49	11	maximize	maximize	VERB
faba-266	49	12	growth	growth	NOUN
faba-266	49	13	benefits	benefit	NOUN
faba-266	49	14	.	.	PUNCT
faba-266	50	1	in	in	ADP
faba-266	50	2	low	low	ADJ
faba-266	50	3	-	-	PUNCT
faba-266	50	4	income	income	NOUN
faba-266	50	5	and	and	CCONJ
faba-266	50	6	developing	develop	VERB
faba-266	50	7	economies	economy	NOUN
faba-266	50	8	,	,	PUNCT
faba-266	50	9	financial	financial	ADJ
faba-266	50	10	development	development	NOUN
faba-266	50	11	’s	’s	PART
faba-266	50	12	impact	impact	NOUN
faba-266	50	13	varies	vary	VERB
faba-266	50	14	significantly	significantly	ADV
faba-266	50	15	.	.	PUNCT
faba-266	51	1	bist	bist	NOUN
faba-266	51	2	and	and	CCONJ
faba-266	51	3	read	read	NOUN
faba-266	51	4	(	(	PUNCT
faba-266	51	5	2018	2018	NUM
faba-266	51	6	)	)	PUNCT
faba-266	51	7	confirm	confirm	VERB
faba-266	51	8	a	a	DET
faba-266	51	9	long	long	ADJ
faba-266	51	10	-	-	PUNCT
faba-266	51	11	term	term	NOUN
faba-266	51	12	positive	positive	ADJ
faba-266	51	13	relationship	relationship	NOUN
faba-266	51	14	between	between	ADP
faba-266	51	15	financial	financial	ADJ
faba-266	51	16	development	development	NOUN
faba-266	51	17	and	and	CCONJ
faba-266	51	18	growth	growth	NOUN
faba-266	51	19	in	in	ADP
faba-266	51	20	16	16	NUM
faba-266	51	21	low	low	ADJ
faba-266	51	22	-	-	PUNCT
faba-266	51	23	income	income	NOUN
faba-266	51	24	african	african	ADJ
faba-266	51	25	nations	nation	NOUN
faba-266	51	26	,	,	PUNCT
faba-266	51	27	stressing	stress	VERB
faba-266	51	28	the	the	DET
faba-266	51	29	need	need	NOUN
faba-266	51	30	to	to	PART
faba-266	51	31	improve	improve	VERB
faba-266	51	32	credit	credit	NOUN
faba-266	51	33	access	access	NOUN
faba-266	51	34	to	to	ADP
faba-266	51	35	the	the	DET
faba-266	51	36	private	private	ADJ
faba-266	51	37	sector	sector	NOUN
faba-266	51	38	.	.	PUNCT
faba-266	52	1	an	an	DET
faba-266	52	2	et	et	NOUN
faba-266	52	3	al	al	PROPN
faba-266	52	4	.	.	PROPN
faba-266	52	5	(	(	PUNCT
faba-266	52	6	2021	2021	NUM
faba-266	52	7	)	)	PUNCT
faba-266	52	8	further	far	ADV
faba-266	52	9	highlight	highlight	VERB
faba-266	52	10	income	income	NOUN
faba-266	52	11	-	-	PUNCT
faba-266	52	12	based	base	VERB
faba-266	52	13	disparities	disparity	NOUN
faba-266	52	14	,	,	PUNCT
faba-266	52	15	showing	show	VERB
faba-266	52	16	that	that	SCONJ
faba-266	52	17	financial	financial	ADJ
faba-266	52	18	development	development	NOUN
faba-266	52	19	hinders	hinder	VERB
faba-266	52	20	growth	growth	NOUN
faba-266	52	21	in	in	ADP
faba-266	52	22	lowand	lowand	ADJ
faba-266	52	23	middle	middle	ADJ
faba-266	52	24	-	-	PUNCT
faba-266	52	25	income	income	NOUN
faba-266	52	26	countries	country	NOUN
faba-266	52	27	due	due	ADP
faba-266	52	28	to	to	ADP
faba-266	52	29	inefficient	inefficient	ADJ
faba-266	52	30	credit	credit	NOUN
faba-266	52	31	allocation	allocation	NOUN
faba-266	52	32	and	and	CCONJ
faba-266	52	33	weak	weak	ADJ
faba-266	52	34	regulatory	regulatory	ADJ
faba-266	52	35	environments	environment	NOUN
faba-266	52	36	,	,	PUNCT
faba-266	52	37	whereas	whereas	SCONJ
faba-266	52	38	in	in	ADP
faba-266	52	39	upper	upper	ADJ
faba-266	52	40	-	-	PUNCT
faba-266	52	41	income	income	NOUN
faba-266	52	42	nations	nation	NOUN
faba-266	52	43	,	,	PUNCT
faba-266	52	44	financial	financial	ADJ
faba-266	52	45	development	development	NOUN
faba-266	52	46	fosters	foster	VERB
faba-266	52	47	growth	growth	NOUN
faba-266	52	48	.	.	PUNCT
faba-266	53	1	this	this	PRON
faba-266	53	2	underscores	underscore	VERB
faba-266	53	3	the	the	DET
faba-266	53	4	need	need	NOUN
faba-266	53	5	for	for	ADP
faba-266	53	6	tailored	tailor	VERB
faba-266	53	7	financial	financial	ADJ
faba-266	53	8	policies	policy	NOUN
faba-266	53	9	that	that	PRON
faba-266	53	10	address	address	VERB
faba-266	53	11	specific	specific	ADJ
faba-266	53	12	economic	economic	ADJ
faba-266	53	13	conditions	condition	NOUN
faba-266	53	14	.	.	PUNCT
faba-266	54	1	institutional	institutional	ADJ
faba-266	54	2	quality	quality	NOUN
faba-266	54	3	emerges	emerge	VERB
faba-266	54	4	as	as	ADP
faba-266	54	5	a	a	DET
faba-266	54	6	critical	critical	ADJ
faba-266	54	7	determinant	determinant	NOUN
faba-266	54	8	in	in	ADP
faba-266	54	9	the	the	DET
faba-266	54	10	finance	finance	NOUN
faba-266	54	11	-	-	PUNCT
faba-266	54	12	growth	growth	NOUN
faba-266	54	13	relationship	relationship	NOUN
faba-266	54	14	.	.	PUNCT
faba-266	55	1	asante	asante	PROPN
faba-266	55	2	et	et	PROPN
faba-266	55	3	al	al	PROPN
faba-266	55	4	.	.	PROPN
faba-266	56	1	(	(	PUNCT
faba-266	56	2	2023	2023	NUM
faba-266	56	3	)	)	PUNCT
faba-266	56	4	demonstrate	demonstrate	VERB
faba-266	56	5	that	that	SCONJ
faba-266	56	6	financial	financial	ADJ
faba-266	56	7	development	development	NOUN
faba-266	56	8	significantly	significantly	ADV
faba-266	56	9	enhances	enhance	VERB
faba-266	56	10	growth	growth	NOUN
faba-266	56	11	,	,	PUNCT
faba-266	56	12	with	with	SCONJ
faba-266	56	13	its	its	PRON
faba-266	56	14	impact	impact	NOUN
faba-266	56	15	amplified	amplify	VERB
faba-266	56	16	in	in	ADP
faba-266	56	17	countries	country	NOUN
faba-266	56	18	with	with	ADP
faba-266	56	19	strong	strong	ADJ
faba-266	56	20	institutional	institutional	ADJ
faba-266	56	21	frameworks	framework	NOUN
faba-266	56	22	,	,	PUNCT
faba-266	56	23	particularly	particularly	ADV
faba-266	56	24	where	where	SCONJ
faba-266	56	25	governance	governance	NOUN
faba-266	56	26	,	,	PUNCT
faba-266	56	27	political	political	ADJ
faba-266	56	28	stability	stability	NOUN
faba-266	56	29	,	,	PUNCT
faba-266	56	30	and	and	CCONJ
faba-266	56	31	regulatory	regulatory	ADJ
faba-266	56	32	quality	quality	NOUN
faba-266	56	33	are	be	AUX
faba-266	56	34	robust	robust	ADJ
faba-266	56	35	.	.	PUNCT
faba-266	57	1	aluko	aluko	PROPN
faba-266	57	2	and	and	CCONJ
faba-266	57	3	ibrahim	ibrahim	PROPN
faba-266	57	4	(	(	PUNCT
faba-266	57	5	2020	2020	NUM
faba-266	57	6	)	)	PUNCT
faba-266	57	7	similarly	similarly	ADV
faba-266	57	8	find	find	VERB
faba-266	57	9	that	that	SCONJ
faba-266	57	10	while	while	SCONJ
faba-266	57	11	financial	financial	ADJ
faba-266	57	12	development	development	NOUN
faba-266	57	13	is	be	AUX
faba-266	57	14	more	more	ADV
faba-266	57	15	effective	effective	ADJ
faba-266	57	16	in	in	ADP
faba-266	57	17	countries	country	NOUN
faba-266	57	18	with	with	ADP
faba-266	57	19	strong	strong	ADJ
faba-266	57	20	institutions	institution	NOUN
faba-266	57	21	,	,	PUNCT
faba-266	57	22	even	even	ADV
faba-266	57	23	weaker	weak	ADJ
faba-266	57	24	institutional	institutional	ADJ
faba-266	57	25	settings	setting	NOUN
faba-266	57	26	can	can	AUX
faba-266	57	27	benefit	benefit	VERB
faba-266	57	28	through	through	ADP
faba-266	57	29	informal	informal	ADJ
faba-266	57	30	mechanisms	mechanism	NOUN
faba-266	57	31	and	and	CCONJ
faba-266	57	32	external	external	ADJ
faba-266	57	33	financial	financial	ADJ
faba-266	57	34	inflows	inflow	NOUN
faba-266	57	35	.	.	PUNCT
faba-266	58	1	fengju	fengju	NOUN
faba-266	58	2	and	and	CCONJ
faba-266	58	3	wubishet	wubishet	NOUN
faba-266	58	4	(	(	PUNCT
faba-266	58	5	2024	2024	NUM
faba-266	58	6	)	)	PUNCT
faba-266	58	7	reinforce	reinforce	VERB
faba-266	58	8	this	this	PRON
faba-266	58	9	by	by	ADP
faba-266	58	10	showing	show	VERB
faba-266	58	11	that	that	SCONJ
faba-266	58	12	governance	governance	NOUN
faba-266	58	13	factors	factor	NOUN
faba-266	58	14	such	such	ADJ
faba-266	58	15	as	as	ADP
faba-266	58	16	corruption	corruption	NOUN
faba-266	58	17	control	control	NOUN
faba-266	58	18	and	and	CCONJ
faba-266	58	19	political	political	ADJ
faba-266	58	20	stability	stability	NOUN
faba-266	58	21	significantly	significantly	ADV
faba-266	58	22	enhance	enhance	VERB
faba-266	58	23	the	the	DET
faba-266	58	24	benefits	benefit	NOUN
faba-266	58	25	of	of	ADP
faba-266	58	26	financial	financial	ADJ
faba-266	58	27	development	development	NOUN
faba-266	58	28	,	,	PUNCT
faba-266	58	29	particularly	particularly	ADV
faba-266	58	30	in	in	ADP
faba-266	58	31	east	east	PROPN
faba-266	58	32	africa	africa	PROPN
faba-266	58	33	.	.	PUNCT
faba-266	59	1	the	the	DET
faba-266	59	2	sectoral	sectoral	ADJ
faba-266	59	3	impact	impact	NOUN
faba-266	59	4	of	of	ADP
faba-266	59	5	financial	financial	ADJ
faba-266	59	6	development	development	NOUN
faba-266	59	7	is	be	AUX
faba-266	59	8	another	another	DET
faba-266	59	9	crucial	crucial	ADJ
faba-266	59	10	consideration	consideration	NOUN
faba-266	59	11	.	.	PUNCT
faba-266	60	1	ustarz	ustarz	PROPN
faba-266	60	2	et	et	PROPN
faba-266	60	3	al	al	PROPN
faba-266	60	4	.	.	PROPN
faba-266	61	1	(	(	PUNCT
faba-266	61	2	2021	2021	NUM
faba-266	61	3	)	)	PUNCT
faba-266	61	4	reveal	reveal	VERB
faba-266	61	5	that	that	SCONJ
faba-266	61	6	while	while	SCONJ
faba-266	61	7	financial	financial	ADJ
faba-266	61	8	development	development	NOUN
faba-266	61	9	positively	positively	ADV
faba-266	61	10	influences	influence	VERB
faba-266	61	11	the	the	DET
faba-266	61	12	service	service	NOUN
faba-266	61	13	and	and	CCONJ
faba-266	61	14	agricultural	agricultural	ADJ
faba-266	61	15	sectors	sector	NOUN
faba-266	61	16	in	in	ADP
faba-266	61	17	subsaharan	subsaharan	PROPN
faba-266	61	18	africa	africa	PROPN
faba-266	61	19	,	,	PUNCT
faba-266	61	20	its	its	PRON
faba-266	61	21	benefits	benefit	NOUN
faba-266	61	22	in	in	ADP
faba-266	61	23	the	the	DET
faba-266	61	24	industrial	industrial	ADJ
faba-266	61	25	sector	sector	NOUN
faba-266	61	26	only	only	ADV
faba-266	61	27	materialize	materialize	VERB
faba-266	61	28	after	after	ADP
faba-266	61	29	reaching	reach	VERB
faba-266	61	30	a	a	DET
faba-266	61	31	certain	certain	ADJ
faba-266	61	32	threshold	threshold	NOUN
faba-266	61	33	.	.	PUNCT
faba-266	62	1	this	this	PRON
faba-266	62	2	aligns	align	VERB
faba-266	62	3	with	with	ADP
faba-266	62	4	mlambo	mlambo	PROPN
faba-266	62	5	(	(	PUNCT
faba-266	62	6	2024	2024	NUM
faba-266	62	7	)	)	PUNCT
faba-266	62	8	,	,	PUNCT
faba-266	62	9	who	who	PRON
faba-266	62	10	finds	find	VERB
faba-266	62	11	that	that	SCONJ
faba-266	62	12	financial	financial	ADJ
faba-266	62	13	development	development	NOUN
faba-266	62	14	in	in	ADP
faba-266	62	15	low	low	ADJ
faba-266	62	16	-	-	PUNCT
faba-266	62	17	income	income	NOUN
faba-266	62	18	sadc	sadc	PROPN
faba-266	62	19	nations	nation	NOUN
faba-266	62	20	not	not	PART
faba-266	62	21	only	only	ADV
faba-266	62	22	results	result	NOUN
faba-266	62	23	from	from	ADP
faba-266	62	24	economic	economic	ADJ
faba-266	62	25	growth	growth	NOUN
faba-266	62	26	but	but	CCONJ
faba-266	62	27	also	also	ADV
faba-266	62	28	actively	actively	ADV
faba-266	62	29	contributes	contribute	VERB
faba-266	62	30	to	to	ADP
faba-266	62	31	it	it	PRON
faba-266	62	32	by	by	ADP
faba-266	62	33	improving	improve	VERB
faba-266	62	34	resource	resource	NOUN
faba-266	62	35	allocation	allocation	NOUN
faba-266	62	36	.	.	PUNCT
faba-266	63	1	these	these	DET
faba-266	63	2	studies	study	NOUN
faba-266	63	3	emphasize	emphasize	VERB
faba-266	63	4	the	the	DET
faba-266	63	5	need	need	NOUN
faba-266	63	6	for	for	ADP
faba-266	63	7	policies	policy	NOUN
faba-266	63	8	that	that	PRON
faba-266	63	9	foster	foster	VERB
faba-266	63	10	financial	financial	ADJ
faba-266	63	11	sector	sector	NOUN
faba-266	63	12	development	development	NOUN
faba-266	63	13	to	to	PART
faba-266	63	14	support	support	VERB
faba-266	63	15	broader	broad	ADJ
faba-266	63	16	economic	economic	ADJ
faba-266	63	17	transformation	transformation	NOUN
faba-266	63	18	.	.	PUNCT
faba-266	64	1	the	the	DET
faba-266	64	2	causal	causal	ADJ
faba-266	64	3	relationship	relationship	NOUN
faba-266	64	4	between	between	ADP
faba-266	64	5	financial	financial	ADJ
faba-266	64	6	development	development	NOUN
faba-266	64	7	and	and	CCONJ
faba-266	64	8	economic	economic	ADJ
faba-266	64	9	growth	growth	NOUN
faba-266	64	10	also	also	ADV
faba-266	64	11	varies	vary	VERB
faba-266	64	12	across	across	ADP
faba-266	64	13	regions	region	NOUN
faba-266	64	14	.	.	PUNCT
faba-266	65	1	akinlo	akinlo	NOUN
faba-266	65	2	and	and	CCONJ
faba-266	65	3	egbetunde	egbetunde	NOUN
faba-266	65	4	(	(	PUNCT
faba-266	65	5	2010	2010	NUM
faba-266	65	6	)	)	PUNCT
faba-266	65	7	find	find	VERB
faba-266	65	8	a	a	DET
faba-266	65	9	long	long	ADV
faba-266	65	10	-	-	PUNCT
faba-266	65	11	run	run	VERB
faba-266	65	12	link	link	NOUN
faba-266	65	13	between	between	ADP
faba-266	65	14	the	the	DET
faba-266	65	15	two	two	NUM
faba-266	65	16	in	in	ADP
faba-266	65	17	ten	ten	NUM
faba-266	65	18	sub	sub	ADJ
faba-266	65	19	-	-	ADJ
faba-266	65	20	saharan	saharan	ADJ
faba-266	65	21	african	african	ADJ
faba-266	65	22	countries	country	NOUN
faba-266	65	23	,	,	PUNCT
faba-266	65	24	with	with	ADP
faba-266	65	25	financial	financial	ADJ
faba-266	65	26	development	development	NOUN
faba-266	65	27	driving	drive	VERB
faba-266	65	28	growth	growth	NOUN
faba-266	65	29	in	in	ADP
faba-266	65	30	some	some	DET
faba-266	65	31	nations	nation	NOUN
faba-266	65	32	,	,	PUNCT
faba-266	65	33	economic	economic	ADJ
faba-266	65	34	growth	growth	NOUN
faba-266	65	35	leading	lead	VERB
faba-266	65	36	financial	financial	ADJ
faba-266	65	37	development	development	NOUN
faba-266	65	38	in	in	ADP
faba-266	65	39	zambia	zambia	PROPN
faba-266	65	40	,	,	PUNCT
faba-266	65	41	and	and	CCONJ
faba-266	65	42	a	a	DET
faba-266	65	43	bidirectional	bidirectional	ADJ
faba-266	65	44	relationship	relationship	NOUN
faba-266	65	45	in	in	ADP
faba-266	65	46	others	other	NOUN
faba-266	65	47	.	.	PUNCT
faba-266	66	1	in	in	ADP
faba-266	66	2	contrast	contrast	NOUN
faba-266	66	3	,	,	PUNCT
faba-266	66	4	zimu	zimu	NOUN
faba-266	66	5	and	and	CCONJ
faba-266	66	6	godspower	godspower	NOUN
faba-266	66	7	-	-	PUNCT
faba-266	66	8	akpomiemie	akpomiemie	PROPN
faba-266	66	9	(	(	PUNCT
faba-266	66	10	2024	2024	NUM
faba-266	66	11	)	)	PUNCT
faba-266	66	12	challenge	challenge	VERB
faba-266	66	13	conventional	conventional	ADJ
faba-266	66	14	assumptions	assumption	NOUN
faba-266	66	15	,	,	PUNCT
faba-266	66	16	showing	show	VERB
faba-266	66	17	that	that	SCONJ
faba-266	66	18	in	in	ADP
faba-266	66	19	south	south	PROPN
faba-266	66	20	africa	africa	PROPN
faba-266	66	21	,	,	PUNCT
faba-266	66	22	financial	financial	ADJ
faba-266	66	23	development	development	NOUN
faba-266	66	24	and	and	CCONJ
faba-266	66	25	economic	economic	ADJ
faba-266	66	26	growth	growth	NOUN
faba-266	66	27	progress	progress	VERB
faba-266	66	28	independently	independently	ADV
faba-266	66	29	.	.	PUNCT
faba-266	67	1	this	this	PRON
faba-266	67	2	calls	call	VERB
faba-266	67	3	for	for	ADP
faba-266	67	4	policies	policy	NOUN
faba-266	67	5	that	that	PRON
faba-266	67	6	strengthen	strengthen	VERB
faba-266	67	7	financial	financial	ADJ
faba-266	67	8	institutions	institution	NOUN
faba-266	67	9	and	and	CCONJ
faba-266	67	10	financial	financial	ADJ
faba-266	67	11	markets	market	NOUN
faba-266	67	12	to	to	PART
faba-266	67	13	improve	improve	VERB
faba-266	67	14	firms	firm	NOUN
faba-266	67	15	’	'	PUNCT
faba-266	67	16	access	access	NOUN
faba-266	67	17	to	to	ADP
faba-266	67	18	external	external	ADJ
faba-266	67	19	finance	finance	NOUN
faba-266	67	20	and	and	CCONJ
faba-266	67	21	enhance	enhance	VERB
faba-266	67	22	economic	economic	ADJ
faba-266	67	23	performance	performance	NOUN
faba-266	67	24	.	.	PUNCT
faba-266	68	1	structural	structural	ADJ
faba-266	68	2	conditions	condition	NOUN
faba-266	68	3	further	far	ADV
faba-266	68	4	shape	shape	VERB
faba-266	68	5	financial	financial	ADJ
faba-266	68	6	development	development	NOUN
faba-266	68	7	’s	’s	PART
faba-266	68	8	effectiveness	effectiveness	NOUN
faba-266	68	9	.	.	PUNCT
faba-266	69	1	ibrahim	ibrahim	PROPN
faba-266	69	2	and	and	CCONJ
faba-266	69	3	alagidede	alagidede	VERB
faba-266	69	4	(	(	PUNCT
faba-266	69	5	2018	2018	NUM
faba-266	69	6	)	)	PUNCT
faba-266	69	7	warn	warn	VERB
faba-266	69	8	against	against	ADP
faba-266	69	9	excessive	excessive	ADJ
faba-266	69	10	financial	financial	ADJ
faba-266	69	11	expansion	expansion	NOUN
faba-266	69	12	,	,	PUNCT
faba-266	69	13	which	which	PRON
faba-266	69	14	can	can	AUX
faba-266	69	15	finance	finance	VERB
faba-266	69	16	high	high	ADJ
faba-266	69	17	-	-	PUNCT
faba-266	69	18	risk	risk	NOUN
faba-266	69	19	investments	investment	NOUN
faba-266	69	20	and	and	CCONJ
faba-266	69	21	undermine	undermine	VERB
faba-266	69	22	economic	economic	ADJ
faba-266	69	23	performance	performance	NOUN
faba-266	69	24	,	,	PUNCT
faba-266	69	25	aligning	align	VERB
faba-266	69	26	with	with	ADP
faba-266	69	27	the	the	DET
faba-266	69	28	“	"	PUNCT
faba-266	69	29	too	too	ADV
faba-266	69	30	much	much	ADJ
faba-266	69	31	finance	finance	NOUN
faba-266	69	32	”	"	PUNCT
faba-266	69	33	hypothesis	hypothesis	NOUN
faba-266	69	34	.	.	PUNCT
faba-266	70	1	however	however	ADV
faba-266	70	2	,	,	PUNCT
faba-266	70	3	they	they	PRON
faba-266	70	4	stress	stress	VERB
faba-266	70	5	that	that	SCONJ
faba-266	70	6	when	when	SCONJ
faba-266	70	7	effectively	effectively	ADV
faba-266	70	8	channeled	channel	VERB
faba-266	70	9	,	,	PUNCT
faba-266	70	10	financial	financial	ADJ
faba-266	70	11	development	development	NOUN
faba-266	70	12	supports	support	VERB
faba-266	70	13	productive	productive	ADJ
faba-266	70	14	investments	investment	NOUN
faba-266	70	15	and	and	CCONJ
faba-266	70	16	sustainable	sustainable	ADJ
faba-266	70	17	growth	growth	NOUN
faba-266	70	18	.	.	PUNCT
faba-266	71	1	collectively	collectively	ADV
faba-266	71	2	,	,	PUNCT
faba-266	71	3	these	these	DET
faba-266	71	4	studies	study	NOUN
faba-266	71	5	underscore	underscore	VERB
faba-266	71	6	that	that	SCONJ
faba-266	71	7	financial	financial	ADJ
faba-266	71	8	development	development	NOUN
faba-266	71	9	’s	’s	PART
faba-266	71	10	impact	impact	NOUN
faba-266	71	11	on	on	ADP
faba-266	71	12	economic	economic	ADJ
faba-266	71	13	growth	growth	NOUN
faba-266	71	14	depends	depend	VERB
faba-266	71	15	on	on	ADP
faba-266	71	16	institutional	institutional	ADJ
faba-266	71	17	quality	quality	NOUN
faba-266	71	18	,	,	PUNCT
faba-266	71	19	financial	financial	ADJ
faba-266	71	20	regulation	regulation	NOUN
faba-266	71	21	,	,	PUNCT
faba-266	71	22	economic	economic	ADJ
faba-266	71	23	structure	structure	NOUN
faba-266	71	24	,	,	PUNCT
faba-266	71	25	and	and	CCONJ
faba-266	71	26	regional	regional	ADJ
faba-266	71	27	factors	factor	NOUN
faba-266	71	28	.	.	PUNCT
faba-266	72	1	policymakers	policymaker	NOUN
faba-266	72	2	must	must	AUX
faba-266	72	3	adopt	adopt	VERB
faba-266	72	4	context	context	NOUN
faba-266	72	5	-	-	PUNCT
faba-266	72	6	specific	specific	ADJ
faba-266	72	7	strategies	strategy	NOUN
faba-266	72	8	,	,	PUNCT
faba-266	72	9	strengthen	strengthen	VERB
faba-266	72	10	financial	financial	ADJ
faba-266	72	11	institutions	institution	NOUN
faba-266	72	12	,	,	PUNCT
faba-266	72	13	and	and	CCONJ
faba-266	72	14	ensure	ensure	VERB
faba-266	72	15	a	a	DET
faba-266	72	16	balanced	balanced	ADJ
faba-266	72	17	approach	approach	NOUN
faba-266	72	18	to	to	ADP
faba-266	72	19	financial	financial	ADJ
faba-266	72	20	expansion	expansion	NOUN
faba-266	72	21	to	to	PART
faba-266	72	22	maximize	maximize	VERB
faba-266	72	23	its	its	PRON
faba-266	72	24	benefits	benefit	NOUN
faba-266	72	25	for	for	ADP
faba-266	72	26	economic	economic	ADJ
faba-266	72	27	growth	growth	NOUN
faba-266	72	28	.	.	PUNCT
faba-266	73	1	data	datum	NOUN
faba-266	73	2	and	and	CCONJ
faba-266	73	3	methods	method	NOUN
faba-266	73	4	this	this	DET
faba-266	73	5	study	study	NOUN
faba-266	73	6	employs	employ	VERB
faba-266	73	7	the	the	DET
faba-266	73	8	panel	panel	NOUN
faba-266	73	9	autoregressive	autoregressive	ADJ
faba-266	73	10	distributed	distribute	VERB
faba-266	73	11	lag	lag	NOUN
faba-266	73	12	(	(	PUNCT
faba-266	73	13	ardl	ardl	NOUN
faba-266	73	14	)	)	PUNCT
faba-266	73	15	approach	approach	NOUN
faba-266	73	16	to	to	PART
faba-266	73	17	analyze	analyze	VERB
faba-266	73	18	the	the	DET
faba-266	73	19	impact	impact	NOUN
faba-266	73	20	of	of	ADP
faba-266	73	21	financial	financial	ADJ
faba-266	73	22	development	development	NOUN
faba-266	73	23	on	on	ADP
faba-266	73	24	economic	economic	ADJ
faba-266	73	25	growth	growth	NOUN
faba-266	73	26	across	across	ADP
faba-266	73	27	31	31	NUM
faba-266	73	28	african	african	ADJ
faba-266	73	29	economies	economy	NOUN
faba-266	73	30	.	.	PUNCT
faba-266	74	1	the	the	DET
faba-266	74	2	analysis	analysis	NOUN
faba-266	74	3	spans	span	VERB
faba-266	74	4	a	a	DET
faba-266	74	5	32	32	NUM
faba-266	74	6	-	-	PUNCT
faba-266	74	7	year	year	NOUN
faba-266	74	8	period	period	NOUN
faba-266	74	9	(	(	PUNCT
faba-266	74	10	1990–2021	1990–2021	NUM
faba-266	74	11	)	)	PUNCT
faba-266	74	12	,	,	PUNCT
faba-266	74	13	with	with	ADP
faba-266	74	14	the	the	DET
faba-266	74	15	temporal	temporal	ADJ
faba-266	74	16	scope	scope	NOUN
faba-266	74	17	determined	determine	VERB
faba-266	74	18	by	by	ADP
faba-266	74	19	data	datum	NOUN
faba-266	74	20	availability	availability	NOUN
faba-266	74	21	constraints	constraint	NOUN
faba-266	74	22	for	for	ADP
faba-266	74	23	key	key	ADJ
faba-266	74	24	financial	financial	ADJ
faba-266	74	25	development	development	NOUN
faba-266	74	26	indicators	indicator	NOUN
faba-266	74	27	across	across	ADP
faba-266	74	28	all	all	DET
faba-266	74	29	sample	sample	NOUN
faba-266	74	30	countries	country	NOUN
faba-266	74	31	.	.	PUNCT
faba-266	75	1	the	the	DET
faba-266	75	2	panel	panel	NOUN
faba-266	75	3	framework	framework	NOUN
faba-266	75	4	is	be	AUX
faba-266	75	5	particularly	particularly	ADV
faba-266	75	6	suited	suit	VERB
faba-266	75	7	for	for	ADP
faba-266	75	8	this	this	DET
faba-266	75	9	investigation	investigation	NOUN
faba-266	75	10	as	as	SCONJ
faba-266	75	11	it	it	PRON
faba-266	75	12	accommodates	accommodate	VERB
faba-266	75	13	both	both	DET
faba-266	75	14	heterogeneous	heterogeneous	ADJ
faba-266	75	15	dynamics	dynamic	NOUN
faba-266	75	16	across	across	ADP
faba-266	75	17	countries	country	NOUN
faba-266	75	18	and	and	CCONJ
faba-266	75	19	long	long	ADV
faba-266	75	20	-	-	PUNCT
faba-266	75	21	run	run	VERB
faba-266	75	22	equilibrium	equilibrium	NOUN
faba-266	75	23	relationships	relationship	NOUN
faba-266	75	24	critical	critical	ADJ
faba-266	75	25	features	feature	NOUN
faba-266	75	26	when	when	SCONJ
faba-266	75	27	examining	examine	VERB
faba-266	75	28	african	african	ADJ
faba-266	75	29	economies	economy	NOUN
faba-266	75	30	with	with	ADP
faba-266	75	31	diverse	diverse	ADJ
faba-266	75	32	financial	financial	ADJ
faba-266	75	33	systems	system	NOUN
faba-266	75	34	and	and	CCONJ
faba-266	75	35	growth	growth	NOUN
faba-266	75	36	trajectories	trajectory	NOUN
faba-266	75	37	.	.	PUNCT
faba-266	76	1	data	datum	NOUN
faba-266	76	2	sources	source	NOUN
faba-266	76	3	this	this	DET
faba-266	76	4	study	study	NOUN
faba-266	76	5	relies	rely	VERB
faba-266	76	6	on	on	ADP
faba-266	76	7	panel	panel	NOUN
faba-266	76	8	data	datum	NOUN
faba-266	76	9	drawn	draw	VERB
faba-266	76	10	from	from	ADP
faba-266	76	11	two	two	NUM
faba-266	76	12	main	main	ADJ
faba-266	76	13	sources	source	NOUN
faba-266	76	14	,	,	PUNCT
faba-266	76	15	the	the	DET
faba-266	76	16	world	world	PROPN
faba-266	76	17	bank	bank	PROPN
faba-266	76	18	's	's	PART
faba-266	76	19	world	world	NOUN
faba-266	76	20	development	development	NOUN
faba-266	76	21	indicators	indicator	NOUN
faba-266	76	22	(	(	PUNCT
faba-266	76	23	2022	2022	NUM
faba-266	76	24	)	)	PUNCT
faba-266	76	25	,	,	PUNCT
faba-266	76	26	which	which	PRON
faba-266	76	27	provide	provide	VERB
faba-266	76	28	data	datum	NOUN
faba-266	76	29	on	on	ADP
faba-266	76	30	gdp	gdp	NOUN
faba-266	76	31	as	as	ADP
faba-266	76	32	the	the	DET
faba-266	76	33	dependent	dependent	ADJ
faba-266	76	34	variable	variable	NOUN
faba-266	76	35	,	,	PUNCT
faba-266	76	36	and	and	CCONJ
faba-266	76	37	the	the	DET
faba-266	76	38	international	international	ADJ
faba-266	76	39	monetary	monetary	ADJ
faba-266	76	40	fund	fund	NOUN
faba-266	76	41	's	's	PART
faba-266	76	42	financial	financial	ADJ
faba-266	76	43	development	development	NOUN
faba-266	76	44	index	index	NOUN
faba-266	76	45	database	database	NOUN
faba-266	76	46	(	(	PUNCT
faba-266	76	47	2022	2022	NUM
faba-266	76	48	)	)	PUNCT
faba-266	76	49	,	,	PUNCT
faba-266	76	50	which	which	PRON
faba-266	76	51	offers	offer	VERB
faba-266	76	52	measures	measure	NOUN
faba-266	76	53	for	for	ADP
faba-266	76	54	three	three	NUM
faba-266	76	55	keys	key	NOUN
faba-266	76	56	independent	independent	ADJ
faba-266	76	57	variables	variable	NOUN
faba-266	76	58	representing	represent	VERB
faba-266	76	59	different	different	ADJ
faba-266	76	60	dimensions	dimension	NOUN
faba-266	76	61	of	of	ADP
faba-266	76	62	financial	financial	ADJ
faba-266	76	63	development	development	NOUN
faba-266	76	64	.	.	PUNCT
faba-266	77	1	the	the	DET
faba-266	77	2	table	table	NOUN
faba-266	77	3	1	1	NUM
faba-266	77	4	below	below	ADV
faba-266	77	5	provides	provide	VERB
faba-266	77	6	a	a	DET
faba-266	77	7	detailed	detailed	ADJ
faba-266	77	8	description	description	NOUN
faba-266	77	9	of	of	ADP
faba-266	77	10	the	the	DET
faba-266	77	11	variables	variable	NOUN
faba-266	77	12	used	use	VERB
faba-266	77	13	in	in	ADP
faba-266	77	14	the	the	DET
faba-266	77	15	analysis	analysis	NOUN
faba-266	77	16	,	,	PUNCT
faba-266	77	17	including	include	VERB
faba-266	77	18	their	their	PRON
faba-266	77	19	definitions	definition	NOUN
faba-266	77	20	,	,	PUNCT
faba-266	77	21	measurement	measurement	NOUN
faba-266	77	22	methods	method	NOUN
faba-266	77	23	,	,	PUNCT
faba-266	77	24	and	and	CCONJ
faba-266	77	25	data	datum	NOUN
faba-266	77	26	b.i.z	b.i.z	NOUN
faba-266	77	27	..	..	SYM
faba-266	77	28	mennad	mennad	PROPN
faba-266	77	29	,	,	PUNCT
faba-266	77	30	a.	a.	NOUN
faba-266	77	31	meskini	meskini	NOUN
faba-266	77	32	,	,	PUNCT
faba-266	77	33	a.	a.	NOUN
faba-266	77	34	benhaddou	benhaddou	NOUN
faba-266	77	35	/	/	SYM
faba-266	77	36	finance	finance	NOUN
faba-266	77	37	,	,	PUNCT
faba-266	77	38	accounting	accounting	NOUN
faba-266	77	39	and	and	CCONJ
faba-266	77	40	business	business	NOUN
faba-266	77	41	analysis	analysis	NOUN
faba-266	77	42	,	,	PUNCT
faba-266	77	43	volume	volume	NOUN
faba-266	77	44	7	7	NUM
faba-266	77	45	,	,	PUNCT
faba-266	77	46	issue	issue	NOUN
faba-266	77	47	1	1	NUM
faba-266	77	48	,	,	PUNCT
faba-266	77	49	2025	2025	NUM
faba-266	77	50	102	102	NUM
faba-266	77	51	sources	source	NOUN
faba-266	77	52	.	.	PUNCT
faba-266	78	1	table	table	NOUN
faba-266	78	2	1	1	NUM
faba-266	78	3	.	.	PUNCT
faba-266	79	1	variables	variable	NOUN
faba-266	79	2	and	and	CCONJ
faba-266	79	3	data	datum	NOUN
faba-266	79	4	collection	collection	NOUN
faba-266	79	5	sources	source	NOUN
faba-266	79	6	variable	variable	ADJ
faba-266	79	7	source	source	NOUN
faba-266	79	8	measurement	measurement	NOUN
faba-266	79	9	dependent	dependent	ADJ
faba-266	79	10	variable	variable	ADJ
faba-266	79	11	gross	gross	ADJ
faba-266	79	12	domestic	domestic	ADJ
faba-266	79	13	product	product	NOUN
faba-266	79	14	(	(	PUNCT
faba-266	79	15	gdp	gdp	NOUN
faba-266	79	16	)	)	PUNCT
faba-266	79	17	(	(	PUNCT
faba-266	79	18	world	world	NOUN
faba-266	79	19	bank	bank	PROPN
faba-266	79	20	2022	2022	NUM
faba-266	79	21	)	)	PUNCT
faba-266	79	22	constant	constant	ADJ
faba-266	79	23	2015	2015	NUM
faba-266	79	24	usd	usd	NOUN
faba-266	79	25	.	.	PUNCT
faba-266	80	1	independent	independent	ADJ
faba-266	80	2	variables	variable	NOUN
faba-266	80	3	financial	financial	ADJ
faba-266	80	4	institutions	institution	NOUN
faba-266	80	5	access	access	NOUN
faba-266	80	6	index	index	NOUN
faba-266	80	7	(	(	PUNCT
faba-266	80	8	fda	fda	PROPN
faba-266	80	9	)	)	PUNCT
faba-266	80	10	(	(	PUNCT
faba-266	80	11	imf	imf	PROPN
faba-266	80	12	2022	2022	NUM
faba-266	80	13	)	)	PUNCT
faba-266	80	14	measures	measure	VERB
faba-266	80	15	financial	financial	ADJ
faba-266	80	16	inclusion	inclusion	NOUN
faba-266	80	17	through	through	ADP
faba-266	80	18	physical	physical	ADJ
faba-266	80	19	infrastructure	infrastructure	NOUN
faba-266	80	20	density	density	NOUN
faba-266	80	21	(	(	PUNCT
faba-266	80	22	bank	bank	NOUN
faba-266	80	23	branches	branch	NOUN
faba-266	80	24	and	and	CCONJ
faba-266	80	25	atms	atms	NOUN
faba-266	80	26	per	per	ADP
faba-266	80	27	100,000	100,000	NUM
faba-266	80	28	adults	adult	NOUN
faba-266	80	29	)	)	PUNCT
faba-266	80	30	;	;	PUNCT
faba-266	80	31	a	a	DET
faba-266	80	32	composite	composite	ADJ
faba-266	80	33	index	index	NOUN
faba-266	80	34	ranging	range	VERB
faba-266	80	35	from	from	ADP
faba-266	80	36	0	0	NUM
faba-266	80	37	to	to	ADP
faba-266	80	38	1	1	NUM
faba-266	80	39	,	,	PUNCT
faba-266	80	40	where	where	SCONJ
faba-266	80	41	1	1	NUM
faba-266	80	42	indicates	indicate	VERB
faba-266	80	43	the	the	DET
faba-266	80	44	highest	high	ADJ
faba-266	80	45	level	level	NOUN
faba-266	80	46	of	of	ADP
faba-266	80	47	access	access	NOUN
faba-266	80	48	.	.	PUNCT
faba-266	81	1	financial	financial	ADJ
faba-266	81	2	institutions	institution	NOUN
faba-266	81	3	depth	depth	NOUN
faba-266	81	4	index	index	NOUN
faba-266	81	5	(	(	PUNCT
faba-266	81	6	fdd	fdd	PROPN
faba-266	81	7	)	)	PUNCT
faba-266	81	8	captures	capture	VERB
faba-266	81	9	financial	financial	ADJ
faba-266	81	10	intermediation	intermediation	NOUN
faba-266	81	11	intensity	intensity	NOUN
faba-266	81	12	using	use	VERB
faba-266	81	13	private	private	ADJ
faba-266	81	14	sector	sector	NOUN
faba-266	81	15	credit	credit	NOUN
faba-266	81	16	and	and	CCONJ
faba-266	81	17	institutional	institutional	ADJ
faba-266	81	18	investments	investment	NOUN
faba-266	81	19	(	(	PUNCT
faba-266	81	20	as	as	ADP
faba-266	81	21	%	%	PROPN
faba-266	81	22	gdp	gdp	NOUN
faba-266	81	23	)	)	PUNCT
faba-266	81	24	;	;	PUNCT
faba-266	81	25	a	a	DET
faba-266	81	26	composite	composite	ADJ
faba-266	81	27	index	index	NOUN
faba-266	81	28	ranging	range	VERB
faba-266	81	29	from	from	ADP
faba-266	81	30	0	0	NUM
faba-266	81	31	to	to	ADP
faba-266	81	32	1	1	NUM
faba-266	81	33	,	,	PUNCT
faba-266	81	34	where	where	SCONJ
faba-266	81	35	1	1	NUM
faba-266	81	36	indicates	indicate	VERB
faba-266	81	37	the	the	DET
faba-266	81	38	highest	high	ADJ
faba-266	81	39	level	level	NOUN
faba-266	81	40	of	of	ADP
faba-266	81	41	depth	depth	NOUN
faba-266	81	42	.	.	PUNCT
faba-266	82	1	financial	financial	ADJ
faba-266	82	2	institutions	institution	NOUN
faba-266	82	3	efficiency	efficiency	NOUN
faba-266	82	4	index	index	NOUN
faba-266	82	5	(	(	PUNCT
faba-266	82	6	fde	fde	NOUN
faba-266	82	7	)	)	PUNCT
faba-266	82	8	evaluates	evaluate	VERB
faba-266	82	9	institutional	institutional	ADJ
faba-266	82	10	performance	performance	NOUN
faba-266	82	11	via	via	ADP
faba-266	82	12	profitability	profitability	NOUN
faba-266	82	13	metrics	metric	NOUN
faba-266	82	14	(	(	PUNCT
faba-266	82	15	roa	roa	PROPN
faba-266	82	16	,	,	PUNCT
faba-266	82	17	roe	roe	NOUN
faba-266	82	18	)	)	PUNCT
faba-266	82	19	and	and	CCONJ
faba-266	82	20	cost	cost	NOUN
faba-266	82	21	ratios	ratio	NOUN
faba-266	82	22	(	(	PUNCT
faba-266	82	23	net	net	ADJ
faba-266	82	24	interest	interest	NOUN
faba-266	82	25	margin	margin	NOUN
faba-266	82	26	,	,	PUNCT
faba-266	82	27	overhead	overhead	ADJ
faba-266	82	28	costs	cost	NOUN
faba-266	82	29	)	)	PUNCT
faba-266	82	30	;	;	PUNCT
faba-266	82	31	a	a	DET
faba-266	82	32	composite	composite	ADJ
faba-266	82	33	index	index	NOUN
faba-266	82	34	ranging	range	VERB
faba-266	82	35	from	from	ADP
faba-266	82	36	0	0	NUM
faba-266	82	37	to	to	ADP
faba-266	82	38	1	1	NUM
faba-266	82	39	,	,	PUNCT
faba-266	82	40	where	where	SCONJ
faba-266	82	41	1	1	NUM
faba-266	82	42	signifies	signify	VERB
faba-266	82	43	the	the	DET
faba-266	82	44	highest	high	ADJ
faba-266	82	45	level	level	NOUN
faba-266	82	46	of	of	ADP
faba-266	82	47	efficiency	efficiency	NOUN
faba-266	82	48	.	.	PUNCT
faba-266	83	1	source	source	NOUN
faba-266	83	2	:	:	PUNCT
faba-266	83	3	prepared	prepare	VERB
faba-266	83	4	by	by	ADP
faba-266	83	5	authors	author	NOUN
faba-266	83	6	(	(	PUNCT
faba-266	83	7	2025	2025	NUM
faba-266	83	8	)	)	PUNCT
faba-266	83	9	methodology	methodology	NOUN
faba-266	83	10	the	the	DET
faba-266	83	11	study	study	NOUN
faba-266	83	12	utilizes	utilize	VERB
faba-266	83	13	a	a	DET
faba-266	83	14	panel	panel	NOUN
faba-266	83	15	ardl	ardl	NOUN
faba-266	83	16	approach	approach	NOUN
faba-266	83	17	to	to	PART
faba-266	83	18	examine	examine	VERB
faba-266	83	19	the	the	DET
faba-266	83	20	relationship	relationship	NOUN
faba-266	83	21	between	between	ADP
faba-266	83	22	financial	financial	ADJ
faba-266	83	23	development	development	NOUN
faba-266	83	24	and	and	CCONJ
faba-266	83	25	economic	economic	ADJ
faba-266	83	26	growth	growth	NOUN
faba-266	83	27	.	.	PUNCT
faba-266	84	1	this	this	DET
faba-266	84	2	methodology	methodology	NOUN
faba-266	84	3	is	be	AUX
faba-266	84	4	selected	select	VERB
faba-266	84	5	as	as	SCONJ
faba-266	84	6	it	it	PRON
faba-266	84	7	enables	enable	VERB
faba-266	84	8	the	the	DET
faba-266	84	9	estimation	estimation	NOUN
faba-266	84	10	of	of	ADP
faba-266	84	11	both	both	CCONJ
faba-266	84	12	short	short	ADJ
faba-266	84	13	and	and	CCONJ
faba-266	84	14	long	long	ADV
faba-266	84	15	-	-	PUNCT
faba-266	84	16	run	run	NOUN
faba-266	84	17	relationships	relationship	NOUN
faba-266	84	18	,	,	PUNCT
faba-266	84	19	even	even	ADV
faba-266	84	20	when	when	SCONJ
faba-266	84	21	variables	variable	NOUN
faba-266	84	22	have	have	VERB
faba-266	84	23	different	different	ADJ
faba-266	84	24	orders	order	NOUN
faba-266	84	25	of	of	ADP
faba-266	84	26	integration	integration	NOUN
faba-266	84	27	(	(	PUNCT
faba-266	84	28	pesaran	pesaran	VERB
faba-266	84	29	et	et	PROPN
faba-266	84	30	al	al	PROPN
faba-266	84	31	.	.	PROPN
faba-266	84	32	1999	1999	NUM
faba-266	84	33	)	)	PUNCT
faba-266	84	34	.	.	PUNCT
faba-266	85	1	additionally	additionally	ADV
faba-266	85	2	,	,	PUNCT
faba-266	85	3	the	the	DET
faba-266	85	4	selection	selection	NOUN
faba-266	85	5	of	of	ADP
faba-266	85	6	this	this	DET
faba-266	85	7	approach	approach	NOUN
faba-266	85	8	is	be	AUX
faba-266	85	9	particularly	particularly	ADV
faba-266	85	10	appropriate	appropriate	ADJ
faba-266	85	11	as	as	SCONJ
faba-266	85	12	the	the	DET
faba-266	85	13	data	data	PROPN
faba-266	85	14	series	series	PROPN
faba-266	85	15	exhibit	exhibit	VERB
faba-266	85	16	stationarity	stationarity	NOUN
faba-266	85	17	either	either	CCONJ
faba-266	85	18	at	at	ADP
faba-266	85	19	level	level	NOUN
faba-266	85	20	i(0	i(0	PROPN
faba-266	85	21	)	)	PUNCT
faba-266	85	22	or	or	CCONJ
faba-266	85	23	at	at	ADP
faba-266	85	24	first	first	ADJ
faba-266	85	25	difference	difference	NOUN
faba-266	85	26	i(1	i(1	PROPN
faba-266	85	27	)	)	PUNCT
faba-266	85	28	,	,	PUNCT
faba-266	85	29	ensuring	ensure	VERB
faba-266	85	30	the	the	DET
faba-266	85	31	validity	validity	NOUN
faba-266	85	32	of	of	ADP
faba-266	85	33	the	the	DET
faba-266	85	34	estimation	estimation	NOUN
faba-266	85	35	.	.	PUNCT
faba-266	86	1	the	the	DET
faba-266	86	2	analysis	analysis	NOUN
faba-266	86	3	begins	begin	VERB
faba-266	86	4	by	by	ADP
faba-266	86	5	addressing	address	VERB
faba-266	86	6	non	non	ADJ
faba-266	86	7	-	-	NOUN
faba-266	86	8	stationarity	stationarity	NOUN
faba-266	86	9	in	in	ADP
faba-266	86	10	the	the	DET
faba-266	86	11	data	datum	NOUN
faba-266	86	12	through	through	ADP
faba-266	86	13	panel	panel	NOUN
faba-266	86	14	unit	unit	NOUN
faba-266	86	15	root	root	NOUN
faba-266	86	16	tests	test	NOUN
faba-266	86	17	.	.	PUNCT
faba-266	87	1	specifically	specifically	ADV
faba-266	87	2	,	,	PUNCT
faba-266	87	3	the	the	DET
faba-266	87	4	levin	levin	PROPN
faba-266	87	5	-	-	PUNCT
faba-266	87	6	lin	lin	PROPN
faba-266	87	7	-	-	PUNCT
faba-266	87	8	chiu	chiu	PROPN
faba-266	87	9	(	(	PUNCT
faba-266	87	10	llc	llc	PROPN
faba-266	87	11	)	)	PUNCT
faba-266	87	12	test	test	NOUN
faba-266	87	13	,	,	PUNCT
faba-266	87	14	suited	suit	VERB
faba-266	87	15	for	for	ADP
faba-266	87	16	panels	panel	NOUN
faba-266	87	17	with	with	ADP
faba-266	87	18	common	common	ADJ
faba-266	87	19	unit	unit	NOUN
faba-266	87	20	roots	root	NOUN
faba-266	87	21	,	,	PUNCT
faba-266	87	22	and	and	CCONJ
faba-266	87	23	the	the	DET
faba-266	87	24	im	im	NOUN
faba-266	87	25	-	-	PUNCT
faba-266	87	26	pesaranshin	pesaranshin	ADJ
faba-266	87	27	(	(	PUNCT
faba-266	87	28	ips	ips	PROPN
faba-266	87	29	)	)	PUNCT
faba-266	87	30	test	test	NOUN
faba-266	87	31	,	,	PUNCT
faba-266	87	32	which	which	PRON
faba-266	87	33	accommodates	accommodate	VERB
faba-266	87	34	individual	individual	ADJ
faba-266	87	35	unit	unit	NOUN
faba-266	87	36	roots	root	NOUN
faba-266	87	37	,	,	PUNCT
faba-266	87	38	are	be	AUX
faba-266	87	39	applied	apply	VERB
faba-266	87	40	.	.	PUNCT
faba-266	88	1	next	next	ADV
faba-266	88	2	,	,	PUNCT
faba-266	88	3	cointegration	cointegration	NOUN
faba-266	88	4	analysis	analysis	NOUN
faba-266	88	5	is	be	AUX
faba-266	88	6	conducted	conduct	VERB
faba-266	88	7	to	to	PART
faba-266	88	8	investigate	investigate	VERB
faba-266	88	9	long	long	ADJ
faba-266	88	10	-	-	PUNCT
faba-266	88	11	run	run	NOUN
faba-266	88	12	relationships	relationship	NOUN
faba-266	88	13	using	use	VERB
faba-266	88	14	the	the	DET
faba-266	88	15	kao	kao	PROPN
faba-266	88	16	residual	residual	ADJ
faba-266	88	17	cointegration	cointegration	NOUN
faba-266	88	18	test	test	NOUN
faba-266	88	19	and	and	CCONJ
faba-266	88	20	the	the	DET
faba-266	88	21	pedroni	pedroni	ADJ
faba-266	88	22	heterogeneous	heterogeneous	ADJ
faba-266	88	23	panel	panel	NOUN
faba-266	88	24	cointegration	cointegration	NOUN
faba-266	88	25	test	test	NOUN
faba-266	88	26	.	.	PUNCT
faba-266	89	1	following	follow	VERB
faba-266	89	2	this	this	PRON
faba-266	89	3	,	,	PUNCT
faba-266	89	4	the	the	DET
faba-266	89	5	panel	panel	NOUN
faba-266	89	6	ardl	ardl	NOUN
faba-266	89	7	model	model	NOUN
faba-266	89	8	is	be	AUX
faba-266	89	9	applied	apply	VERB
faba-266	89	10	,	,	PUNCT
faba-266	89	11	employing	employ	VERB
faba-266	89	12	the	the	DET
faba-266	89	13	pooled	pool	VERB
faba-266	89	14	mean	mean	NOUN
faba-266	89	15	group	group	NOUN
faba-266	89	16	(	(	PUNCT
faba-266	89	17	pmg	pmg	PROPN
faba-266	89	18	)	)	PUNCT
faba-266	89	19	,	,	PUNCT
faba-266	89	20	mean	mean	NOUN
faba-266	89	21	group	group	NOUN
faba-266	89	22	(	(	PUNCT
faba-266	89	23	mg	mg	PROPN
faba-266	89	24	)	)	PUNCT
faba-266	89	25	,	,	PUNCT
faba-266	89	26	and	and	CCONJ
faba-266	89	27	dynamic	dynamic	ADJ
faba-266	89	28	fixed	fix	VERB
faba-266	89	29	effects	effect	NOUN
faba-266	89	30	(	(	PUNCT
faba-266	89	31	dfe	dfe	PROPN
faba-266	89	32	)	)	PUNCT
faba-266	89	33	estimators	estimator	NOUN
faba-266	89	34	.	.	PUNCT
faba-266	90	1	these	these	DET
faba-266	90	2	estimators	estimator	NOUN
faba-266	90	3	help	help	VERB
faba-266	90	4	capture	capture	VERB
faba-266	90	5	both	both	DET
faba-266	90	6	long	long	ADV
faba-266	90	7	-	-	PUNCT
faba-266	90	8	run	run	VERB
faba-266	90	9	coefficients	coefficient	NOUN
faba-266	90	10	reflecting	reflect	VERB
faba-266	90	11	the	the	DET
faba-266	90	12	relationship	relationship	NOUN
faba-266	90	13	between	between	ADP
faba-266	90	14	financial	financial	ADJ
faba-266	90	15	development	development	NOUN
faba-266	90	16	indices	index	NOUN
faba-266	90	17	and	and	CCONJ
faba-266	90	18	gdp	gdp	NOUN
faba-266	90	19	and	and	CCONJ
faba-266	90	20	short	short	ADJ
faba-266	90	21	-	-	PUNCT
faba-266	90	22	run	run	NOUN
faba-266	90	23	dynamics	dynamic	NOUN
faba-266	90	24	,	,	PUNCT
faba-266	90	25	including	include	VERB
faba-266	90	26	the	the	DET
faba-266	90	27	speed	speed	NOUN
faba-266	90	28	of	of	ADP
faba-266	90	29	adjustment	adjustment	NOUN
faba-266	90	30	through	through	ADP
faba-266	90	31	the	the	DET
faba-266	90	32	error	error	NOUN
faba-266	90	33	correction	correction	NOUN
faba-266	90	34	term	term	NOUN
faba-266	90	35	(	(	PUNCT
faba-266	90	36	ect	ect	NOUN
faba-266	90	37	)	)	PUNCT
faba-266	90	38	.	.	PUNCT
faba-266	91	1	the	the	DET
faba-266	91	2	hausman	hausman	PROPN
faba-266	91	3	test	test	NOUN
faba-266	91	4	is	be	AUX
faba-266	91	5	then	then	ADV
faba-266	91	6	used	use	VERB
faba-266	91	7	to	to	PART
faba-266	91	8	determine	determine	VERB
faba-266	91	9	the	the	DET
faba-266	91	10	most	most	ADV
faba-266	91	11	appropriate	appropriate	ADJ
faba-266	91	12	estimator	estimator	NOUN
faba-266	91	13	between	between	ADP
faba-266	91	14	pmg	pmg	PROPN
faba-266	91	15	,	,	PUNCT
faba-266	91	16	mg	mg	PROPN
faba-266	91	17	and	and	CCONJ
faba-266	91	18	dfe	dfe	PROPN
faba-266	91	19	estimation	estimation	NOUN
faba-266	91	20	.	.	PUNCT
faba-266	92	1	finally	finally	ADV
faba-266	92	2	,	,	PUNCT
faba-266	92	3	a	a	DET
faba-266	92	4	country	country	NOUN
faba-266	92	5	-	-	PUNCT
faba-266	92	6	specific	specific	ADJ
faba-266	92	7	short	short	ADJ
faba-266	92	8	-	-	PUNCT
faba-266	92	9	run	run	NOUN
faba-266	92	10	analysis	analysis	NOUN
faba-266	92	11	is	be	AUX
faba-266	92	12	performed	perform	VERB
faba-266	92	13	by	by	ADP
faba-266	92	14	extracting	extract	VERB
faba-266	92	15	individual	individual	ADJ
faba-266	92	16	nation	nation	NOUN
faba-266	92	17	results	result	VERB
faba-266	92	18	from	from	ADP
faba-266	92	19	the	the	DET
faba-266	92	20	ecm	ecm	PROPN
faba-266	92	21	coefficients	coefficient	NOUN
faba-266	92	22	to	to	PART
faba-266	92	23	identify	identify	VERB
faba-266	92	24	heterogeneity	heterogeneity	NOUN
faba-266	92	25	in	in	ADP
faba-266	92	26	short	short	ADJ
faba-266	92	27	-	-	PUNCT
faba-266	92	28	run	run	NOUN
faba-266	92	29	impacts	impact	NOUN
faba-266	92	30	.	.	PUNCT
faba-266	93	1	result	result	NOUN
faba-266	93	2	and	and	CCONJ
faba-266	93	3	discussion	discussion	NOUN
faba-266	93	4	this	this	DET
faba-266	93	5	section	section	NOUN
faba-266	93	6	presents	present	VERB
faba-266	93	7	the	the	DET
faba-266	93	8	findings	finding	NOUN
faba-266	93	9	of	of	ADP
faba-266	93	10	the	the	DET
faba-266	93	11	study	study	NOUN
faba-266	93	12	and	and	CCONJ
faba-266	93	13	provides	provide	VERB
faba-266	93	14	an	an	DET
faba-266	93	15	in	in	ADP
faba-266	93	16	-	-	PUNCT
faba-266	93	17	depth	depth	NOUN
faba-266	93	18	discussion	discussion	NOUN
faba-266	93	19	of	of	ADP
faba-266	93	20	the	the	DET
faba-266	93	21	results	result	NOUN
faba-266	93	22	.	.	PUNCT
faba-266	94	1	the	the	DET
faba-266	94	2	analysis	analysis	NOUN
faba-266	94	3	focuses	focus	VERB
faba-266	94	4	on	on	ADP
faba-266	94	5	examining	examine	VERB
faba-266	94	6	the	the	DET
faba-266	94	7	relationship	relationship	NOUN
faba-266	94	8	between	between	ADP
faba-266	94	9	financial	financial	ADJ
faba-266	94	10	development	development	NOUN
faba-266	94	11	and	and	CCONJ
faba-266	94	12	economic	economic	ADJ
faba-266	94	13	growth	growth	NOUN
faba-266	94	14	using	use	VERB
faba-266	94	15	the	the	DET
faba-266	94	16	panel	panel	NOUN
faba-266	94	17	ardl	ardl	NOUN
faba-266	94	18	approach	approach	NOUN
faba-266	94	19	.	.	PUNCT
faba-266	95	1	the	the	DET
faba-266	95	2	results	result	NOUN
faba-266	95	3	of	of	ADP
faba-266	95	4	the	the	DET
faba-266	95	5	unit	unit	NOUN
faba-266	95	6	root	root	NOUN
faba-266	95	7	test	test	NOUN
faba-266	95	8	,	,	PUNCT
faba-266	95	9	cointegration	cointegration	NOUN
faba-266	95	10	analysis	analysis	NOUN
faba-266	95	11	,	,	PUNCT
faba-266	95	12	and	and	CCONJ
faba-266	95	13	estimated	estimated	ADJ
faba-266	95	14	model	model	NOUN
faba-266	95	15	parameters	parameter	NOUN
faba-266	95	16	are	be	AUX
faba-266	95	17	discussed	discuss	VERB
faba-266	95	18	to	to	PART
faba-266	95	19	highlight	highlight	VERB
faba-266	95	20	both	both	DET
faba-266	95	21	short	short	ADJ
faba-266	95	22	-	-	PUNCT
faba-266	95	23	run	run	VERB
faba-266	95	24	and	and	CCONJ
faba-266	95	25	long	long	ADV
faba-266	95	26	-	-	PUNCT
faba-266	95	27	run	run	NOUN
faba-266	95	28	dynamics	dynamic	NOUN
faba-266	95	29	.	.	PUNCT
faba-266	96	1	additionally	additionally	ADV
faba-266	96	2	,	,	PUNCT
faba-266	96	3	the	the	DET
faba-266	96	4	implications	implication	NOUN
faba-266	96	5	of	of	ADP
faba-266	96	6	these	these	DET
faba-266	96	7	findings	finding	NOUN
faba-266	96	8	are	be	AUX
faba-266	96	9	explored	explore	VERB
faba-266	96	10	in	in	ADP
faba-266	96	11	the	the	DET
faba-266	96	12	context	context	NOUN
faba-266	96	13	of	of	ADP
faba-266	96	14	financial	financial	ADJ
faba-266	96	15	policy	policy	NOUN
faba-266	96	16	and	and	CCONJ
faba-266	96	17	economic	economic	ADJ
faba-266	96	18	growth	growth	NOUN
faba-266	96	19	in	in	ADP
faba-266	96	20	the	the	DET
faba-266	96	21	selected	select	VERB
faba-266	96	22	african	african	ADJ
faba-266	96	23	countries	country	NOUN
faba-266	96	24	.	.	PUNCT
faba-266	97	1	b.i.z	b.i.z	NOUN
faba-266	97	2	..	..	PROPN
faba-266	97	3	mennad	mennad	PROPN
faba-266	97	4	,	,	PUNCT
faba-266	97	5	a.	a.	NOUN
faba-266	97	6	meskini	meskini	NOUN
faba-266	97	7	,	,	PUNCT
faba-266	97	8	a.	a.	NOUN
faba-266	97	9	benhaddou	benhaddou	NOUN
faba-266	97	10	/	/	SYM
faba-266	97	11	finance	finance	NOUN
faba-266	97	12	,	,	PUNCT
faba-266	97	13	accounting	accounting	NOUN
faba-266	97	14	and	and	CCONJ
faba-266	97	15	business	business	NOUN
faba-266	97	16	analysis	analysis	NOUN
faba-266	97	17	,	,	PUNCT
faba-266	97	18	volume	volume	NOUN
faba-266	97	19	7	7	NUM
faba-266	97	20	,	,	PUNCT
faba-266	97	21	issue	issue	NOUN
faba-266	97	22	1	1	NUM
faba-266	97	23	,	,	PUNCT
faba-266	97	24	2025	2025	NUM
faba-266	97	25	103	103	NUM
faba-266	97	26	panel	panel	NOUN
faba-266	97	27	unit	unit	NOUN
faba-266	97	28	root	root	NOUN
faba-266	97	29	tests	test	NOUN
faba-266	97	30	before	before	ADP
faba-266	97	31	estimating	estimate	VERB
faba-266	97	32	the	the	DET
faba-266	97	33	model	model	NOUN
faba-266	97	34	,	,	PUNCT
faba-266	97	35	it	it	PRON
faba-266	97	36	is	be	AUX
faba-266	97	37	crucial	crucial	ADJ
faba-266	97	38	to	to	PART
faba-266	97	39	assess	assess	VERB
faba-266	97	40	the	the	DET
faba-266	97	41	stability	stability	NOUN
faba-266	97	42	of	of	ADP
faba-266	97	43	the	the	DET
faba-266	97	44	variables	variable	NOUN
faba-266	97	45	to	to	PART
faba-266	97	46	prevent	prevent	VERB
faba-266	97	47	misleading	mislead	VERB
faba-266	97	48	regression	regression	NOUN
faba-266	97	49	results	result	NOUN
faba-266	97	50	.	.	PUNCT
faba-266	98	1	this	this	DET
faba-266	98	2	study	study	NOUN
faba-266	98	3	employs	employ	VERB
faba-266	98	4	two	two	NUM
faba-266	98	5	commonly	commonly	ADV
faba-266	98	6	used	use	VERB
faba-266	98	7	unit	unit	NOUN
faba-266	98	8	root	root	NOUN
faba-266	98	9	tests	test	NOUN
faba-266	98	10	for	for	ADP
faba-266	98	11	panel	panel	NOUN
faba-266	98	12	data	datum	NOUN
faba-266	98	13	.	.	PUNCT
faba-266	99	1	the	the	DET
faba-266	99	2	first	first	ADJ
faba-266	99	3	is	be	AUX
faba-266	99	4	the	the	DET
faba-266	99	5	levin	levin	PROPN
faba-266	99	6	-	-	PUNCT
faba-266	99	7	lin	lin	PROPN
faba-266	99	8	-	-	PUNCT
faba-266	99	9	chiu	chiu	PROPN
faba-266	99	10	(	(	PUNCT
faba-266	99	11	llc	llc	PROPN
faba-266	99	12	)	)	PUNCT
faba-266	99	13	test	test	NOUN
faba-266	99	14	,	,	PUNCT
faba-266	99	15	which	which	PRON
faba-266	99	16	assumes	assume	VERB
faba-266	99	17	a	a	DET
faba-266	99	18	common	common	ADJ
faba-266	99	19	unit	unit	NOUN
faba-266	99	20	root	root	NOUN
faba-266	99	21	process	process	NOUN
faba-266	99	22	across	across	ADP
faba-266	99	23	all	all	DET
faba-266	99	24	sub	sub	NOUN
faba-266	99	25	-	-	NOUN
faba-266	99	26	sectors	sector	NOUN
faba-266	99	27	(	(	PUNCT
faba-266	99	28	levin	levin	PROPN
faba-266	99	29	,	,	PUNCT
faba-266	99	30	lin	lin	PROPN
faba-266	99	31	and	and	CCONJ
faba-266	99	32	chu	chu	PROPN
faba-266	99	33	2002	2002	NUM
faba-266	99	34	)	)	PUNCT
faba-266	99	35	.	.	PUNCT
faba-266	100	1	this	this	DET
faba-266	100	2	test	test	NOUN
faba-266	100	3	is	be	AUX
faba-266	100	4	particularly	particularly	ADV
faba-266	100	5	suitable	suitable	ADJ
faba-266	100	6	for	for	ADP
faba-266	100	7	panel	panel	NOUN
faba-266	100	8	data	datum	NOUN
faba-266	100	9	with	with	ADP
faba-266	100	10	a	a	DET
faba-266	100	11	small	small	ADJ
faba-266	100	12	number	number	NOUN
faba-266	100	13	of	of	ADP
faba-266	100	14	countries	country	NOUN
faba-266	100	15	and	and	CCONJ
faba-266	100	16	a	a	DET
faba-266	100	17	long	long	ADJ
faba-266	100	18	time	time	NOUN
faba-266	100	19	series	series	NOUN
faba-266	100	20	.	.	PUNCT
faba-266	101	1	the	the	DET
faba-266	101	2	second	second	ADJ
faba-266	101	3	test	test	NOUN
faba-266	101	4	is	be	AUX
faba-266	101	5	the	the	DET
faba-266	101	6	im	im	ADV
faba-266	101	7	-	-	PUNCT
faba-266	101	8	pesaran	pesaran	VERB
faba-266	101	9	-	-	PUNCT
faba-266	101	10	shin	shin	NOUN
faba-266	101	11	(	(	PUNCT
faba-266	101	12	ips	ips	PROPN
faba-266	101	13	)	)	PUNCT
faba-266	101	14	test	test	NOUN
faba-266	101	15	,	,	PUNCT
faba-266	101	16	which	which	PRON
faba-266	101	17	allows	allow	VERB
faba-266	101	18	for	for	ADP
faba-266	101	19	individual	individual	ADJ
faba-266	101	20	unit	unit	NOUN
faba-266	101	21	root	root	NOUN
faba-266	101	22	processes	process	NOUN
faba-266	101	23	across	across	ADP
faba-266	101	24	sub	sub	NOUN
faba-266	101	25	-	-	NOUN
faba-266	101	26	sectors	sector	NOUN
faba-266	101	27	,	,	PUNCT
faba-266	101	28	making	make	VERB
faba-266	101	29	it	it	PRON
faba-266	101	30	more	more	ADV
faba-266	101	31	adaptable	adaptable	ADJ
faba-266	101	32	to	to	ADP
faba-266	101	33	heterogeneous	heterogeneous	ADJ
faba-266	101	34	panel	panel	NOUN
faba-266	101	35	data	datum	NOUN
faba-266	101	36	(	(	PUNCT
faba-266	101	37	i	i	NOUN
faba-266	101	38	m	m	VERB
faba-266	101	39	et	et	NOUN
faba-266	101	40	al	al	PROPN
faba-266	101	41	.	.	PROPN
faba-266	101	42	2003	2003	NUM
faba-266	101	43	)	)	PUNCT
faba-266	101	44	.	.	PUNCT
faba-266	102	1	in	in	ADP
faba-266	102	2	both	both	DET
faba-266	102	3	tests	test	NOUN
faba-266	102	4	,	,	PUNCT
faba-266	102	5	the	the	DET
faba-266	102	6	null	null	ADJ
faba-266	102	7	hypothesis	hypothesis	NOUN
faba-266	102	8	states	state	VERB
faba-266	102	9	that	that	SCONJ
faba-266	102	10	the	the	DET
faba-266	102	11	data	data	NOUN
faba-266	102	12	series	series	NOUN
faba-266	102	13	contains	contain	VERB
faba-266	102	14	a	a	DET
faba-266	102	15	unit	unit	NOUN
faba-266	102	16	root	root	NOUN
faba-266	102	17	,	,	PUNCT
faba-266	102	18	while	while	SCONJ
faba-266	102	19	the	the	DET
faba-266	102	20	alternative	alternative	ADJ
faba-266	102	21	hypothesis	hypothesis	NOUN
faba-266	102	22	indicates	indicate	VERB
faba-266	102	23	stationarity	stationarity	NOUN
faba-266	102	24	.	.	PUNCT
faba-266	103	1	if	if	SCONJ
faba-266	103	2	the	the	DET
faba-266	103	3	variables	variable	NOUN
faba-266	103	4	are	be	AUX
faba-266	103	5	found	find	VERB
faba-266	103	6	to	to	PART
faba-266	103	7	be	be	AUX
faba-266	103	8	stationary	stationary	ADJ
faba-266	103	9	at	at	ADP
faba-266	103	10	level	level	NOUN
faba-266	103	11	i(0	i(0	PROPN
faba-266	103	12	)	)	PUNCT
faba-266	103	13	or	or	CCONJ
faba-266	103	14	at	at	ADP
faba-266	103	15	the	the	DET
faba-266	103	16	first	first	ADJ
faba-266	103	17	difference	difference	NOUN
faba-266	103	18	i(1	i(1	PROPN
faba-266	103	19	)	)	PUNCT
faba-266	103	20	,	,	PUNCT
faba-266	103	21	the	the	DET
faba-266	103	22	panel	panel	NOUN
faba-266	103	23	ardl	ardl	NOUN
faba-266	103	24	methodology	methodology	NOUN
faba-266	103	25	can	can	AUX
faba-266	103	26	be	be	AUX
faba-266	103	27	applied	apply	VERB
faba-266	103	28	(	(	PUNCT
faba-266	103	29	pesaran	pesaran	VERB
faba-266	103	30	et	et	PROPN
faba-266	103	31	al	al	PROPN
faba-266	103	32	.	.	PROPN
faba-266	103	33	1999	1999	NUM
faba-266	103	34	)	)	PUNCT
faba-266	103	35	.	.	PUNCT
faba-266	104	1	the	the	DET
faba-266	104	2	following	follow	VERB
faba-266	104	3	table	table	NOUN
faba-266	104	4	illustrates	illustrate	VERB
faba-266	104	5	these	these	DET
faba-266	104	6	results	result	NOUN
faba-266	104	7	:	:	PUNCT
faba-266	104	8	table	table	NOUN
faba-266	104	9	2	2	NUM
faba-266	104	10	.	.	PUNCT
faba-266	104	11	results	result	NOUN
faba-266	104	12	of	of	ADP
faba-266	104	13	the	the	DET
faba-266	104	14	panel	panel	NOUN
faba-266	104	15	unit	unit	NOUN
faba-266	104	16	root	root	PROPN
faba-266	104	17	variable	variable	ADJ
faba-266	104	18	levin	levin	PROPN
faba-266	104	19	-	-	PUNCT
faba-266	104	20	lin	lin	PROPN
faba-266	104	21	-	-	PUNCT
faba-266	104	22	chiu	chiu	PROPN
faba-266	104	23	(	(	PUNCT
faba-266	104	24	llc	llc	PROPN
faba-266	104	25	)	)	PUNCT
faba-266	104	26	im	im	PROPN
faba-266	104	27	-	-	PUNCT
faba-266	104	28	pesaran	pesaran	VERB
faba-266	104	29	-	-	PUNCT
faba-266	104	30	shin	shin	NOUN
faba-266	104	31	(	(	PUNCT
faba-266	104	32	ips	ips	NOUN
faba-266	104	33	)	)	PUNCT
faba-266	104	34	level	level	NOUN
faba-266	104	35	1st	1st	ADJ
faba-266	104	36	difference	difference	NOUN
faba-266	104	37	level	level	NOUN
faba-266	104	38	1st	1st	ADJ
faba-266	104	39	difference	difference	NOUN
faba-266	104	40	gdp	gdp	NOUN
faba-266	104	41	11.4450	11.4450	NUM
faba-266	104	42	(	(	PUNCT
faba-266	104	43	1.0000	1.0000	NUM
faba-266	104	44	)	)	PUNCT
faba-266	104	45	-5.3075	-5.3075	NOUN
faba-266	105	1	(	(	PUNCT
faba-266	105	2	0.0000	0.0000	NUM
faba-266	105	3	)	)	PUNCT
faba-266	105	4	21.3451	21.3451	NUM
faba-266	105	5	(	(	PUNCT
faba-266	105	6	1.0000	1.0000	NUM
faba-266	105	7	)	)	PUNCT
faba-266	105	8	-10.8945	-10.8945	PUNCT
faba-266	105	9	(	(	PUNCT
faba-266	105	10	0.0000	0.0000	NUM
faba-266	105	11	)	)	PUNCT
faba-266	105	12	fda	fda	PROPN
faba-266	105	13	4.3293	4.3293	NUM
faba-266	105	14	(	(	PUNCT
faba-266	105	15	1.0000	1.0000	NUM
faba-266	105	16	)	)	PUNCT
faba-266	105	17	-3.2827	-3.2827	NOUN
faba-266	105	18	(	(	PUNCT
faba-266	105	19	0.0005	0.0005	NUM
faba-266	105	20	)	)	PUNCT
faba-266	105	21	11.6107	11.6107	NUM
faba-266	105	22	(	(	PUNCT
faba-266	105	23	1.0000	1.0000	NUM
faba-266	105	24	)	)	PUNCT
faba-266	105	25	-11.3173	-11.3173	SYM
faba-266	105	26	(	(	PUNCT
faba-266	105	27	0.0000	0.0000	NUM
faba-266	105	28	)	)	PUNCT
faba-266	105	29	fdd	fdd	PROPN
faba-266	105	30	-1.3985	-1.3985	PUNCT
faba-266	105	31	(	(	PUNCT
faba-266	105	32	0.0810	0.0810	NUM
faba-266	105	33	)	)	PUNCT
faba-266	105	34	-15.7023	-15.7023	NUM
faba-266	105	35	(	(	PUNCT
faba-266	105	36	0.0000	0.0000	NUM
faba-266	105	37	)	)	PUNCT
faba-266	105	38	2.3359	2.3359	NUM
faba-266	105	39	(	(	PUNCT
faba-266	105	40	0.9903	0.9903	NUM
faba-266	105	41	)	)	PUNCT
faba-266	105	42	-16.6874	-16.6874	PUNCT
faba-266	105	43	(	(	PUNCT
faba-266	105	44	0.0000	0.0000	NUM
faba-266	105	45	)	)	PUNCT
faba-266	105	46	fde	fde	PROPN
faba-266	105	47	-5.6881	-5.6881	PROPN
faba-266	105	48	(	(	PUNCT
faba-266	105	49	0.0000	0.0000	NUM
faba-266	105	50	)	)	PUNCT
faba-266	105	51	-17.0526	-17.0526	PUNCT
faba-266	106	1	(	(	PUNCT
faba-266	106	2	0.0000	0.0000	NUM
faba-266	106	3	)	)	PUNCT
faba-266	106	4	-6.1146	-6.1146	NOUN
faba-266	106	5	(	(	PUNCT
faba-266	106	6	0.0000	0.0000	NUM
faba-266	106	7	)	)	PUNCT
faba-266	106	8	-18.8499	-18.8499	PUNCT
faba-266	106	9	(	(	PUNCT
faba-266	106	10	0.0000	0.0000	NUM
faba-266	106	11	)	)	PUNCT
faba-266	106	12	note	note	NOUN
faba-266	106	13	:	:	PUNCT
faba-266	106	14	those	those	PRON
faba-266	106	15	in	in	ADP
faba-266	106	16	(	(	PUNCT
faba-266	106	17	)	)	PUNCT
faba-266	106	18	are	be	AUX
faba-266	106	19	p	p	ADJ
faba-266	106	20	-	-	PUNCT
faba-266	106	21	value	value	NOUN
faba-266	106	22	source	source	NOUN
faba-266	106	23	:	:	PUNCT
faba-266	106	24	stata	stata	VERB
faba-266	106	25	15	15	NUM
faba-266	106	26	software	software	NOUN
faba-266	106	27	output	output	NOUN
faba-266	106	28	(	(	PUNCT
faba-266	106	29	2025	2025	NUM
faba-266	106	30	)	)	PUNCT
faba-266	106	31	the	the	DET
faba-266	106	32	panel	panel	NOUN
faba-266	106	33	unit	unit	NOUN
faba-266	106	34	root	root	NOUN
faba-266	106	35	tests	test	NOUN
faba-266	106	36	results	result	NOUN
faba-266	106	37	indicate	indicate	VERB
faba-266	106	38	that	that	SCONJ
faba-266	106	39	most	most	ADJ
faba-266	106	40	variables	variable	NOUN
faba-266	106	41	,	,	PUNCT
faba-266	106	42	including	include	VERB
faba-266	106	43	gdp	gdp	PROPN
faba-266	106	44	,	,	PUNCT
faba-266	106	45	fda	fda	PROPN
faba-266	106	46	,	,	PUNCT
faba-266	106	47	and	and	CCONJ
faba-266	106	48	fdd	fdd	PROPN
faba-266	106	49	,	,	PUNCT
faba-266	106	50	are	be	AUX
faba-266	106	51	non	non	ADJ
faba-266	106	52	-	-	ADJ
faba-266	106	53	stationary	stationary	ADJ
faba-266	106	54	at	at	ADP
faba-266	106	55	the	the	DET
faba-266	106	56	level	level	NOUN
faba-266	106	57	but	but	CCONJ
faba-266	106	58	become	become	VERB
faba-266	106	59	stationary	stationary	ADJ
faba-266	106	60	at	at	ADP
faba-266	106	61	the	the	DET
faba-266	106	62	first	first	ADJ
faba-266	106	63	difference	difference	NOUN
faba-266	106	64	,	,	PUNCT
faba-266	106	65	as	as	SCONJ
faba-266	106	66	confirmed	confirm	VERB
faba-266	106	67	by	by	ADP
faba-266	106	68	both	both	CCONJ
faba-266	106	69	the	the	DET
faba-266	106	70	levin	levin	PROPN
faba-266	106	71	-	-	PUNCT
faba-266	106	72	linchu	linchu	PROPN
faba-266	106	73	and	and	CCONJ
faba-266	106	74	im	im	ADV
faba-266	106	75	-	-	PUNCT
faba-266	106	76	pesaran	pesaran	VERB
faba-266	106	77	-	-	PUNCT
faba-266	106	78	shin	shin	NOUN
faba-266	106	79	tests	test	NOUN
faba-266	106	80	.	.	PUNCT
faba-266	107	1	specifically	specifically	ADV
faba-266	107	2	,	,	PUNCT
faba-266	107	3	the	the	DET
faba-266	107	4	p	p	NOUN
faba-266	107	5	-	-	PUNCT
faba-266	107	6	values	value	NOUN
faba-266	107	7	for	for	ADP
faba-266	107	8	these	these	DET
faba-266	107	9	variables	variable	NOUN
faba-266	107	10	exceed	exceed	VERB
faba-266	107	11	5	5	NUM
faba-266	107	12	%	%	NOUN
faba-266	107	13	at	at	ADP
faba-266	107	14	the	the	DET
faba-266	107	15	level	level	NOUN
faba-266	107	16	,	,	PUNCT
faba-266	107	17	indicating	indicate	VERB
faba-266	107	18	non	non	ADJ
faba-266	107	19	-	-	NOUN
faba-266	107	20	stationarity	stationarity	NOUN
faba-266	107	21	,	,	PUNCT
faba-266	107	22	while	while	SCONJ
faba-266	107	23	at	at	ADP
faba-266	107	24	the	the	DET
faba-266	107	25	first	first	ADJ
faba-266	107	26	difference	difference	NOUN
faba-266	107	27	,	,	PUNCT
faba-266	107	28	the	the	DET
faba-266	107	29	p	p	NOUN
faba-266	107	30	-	-	PUNCT
faba-266	107	31	values	value	NOUN
faba-266	107	32	fall	fall	VERB
faba-266	107	33	below	below	ADP
faba-266	107	34	5	5	NUM
faba-266	107	35	%	%	NOUN
faba-266	107	36	,	,	PUNCT
faba-266	107	37	confirming	confirm	VERB
faba-266	107	38	stationarity	stationarity	NOUN
faba-266	107	39	.	.	PUNCT
faba-266	108	1	conversely	conversely	ADV
faba-266	108	2	,	,	PUNCT
faba-266	108	3	fde	fde	PROPN
faba-266	108	4	is	be	AUX
faba-266	108	5	stationary	stationary	ADJ
faba-266	108	6	at	at	ADP
faba-266	108	7	both	both	CCONJ
faba-266	108	8	the	the	DET
faba-266	108	9	level	level	NOUN
faba-266	108	10	and	and	CCONJ
faba-266	108	11	first	first	ADJ
faba-266	108	12	difference	difference	NOUN
faba-266	108	13	,	,	PUNCT
faba-266	108	14	as	as	SCONJ
faba-266	108	15	evidenced	evidence	VERB
faba-266	108	16	by	by	ADP
faba-266	108	17	the	the	DET
faba-266	108	18	p	p	NOUN
faba-266	108	19	-	-	PUNCT
faba-266	108	20	values	value	NOUN
faba-266	108	21	in	in	ADP
faba-266	108	22	both	both	DET
faba-266	108	23	tests	test	NOUN
faba-266	108	24	.	.	PUNCT
faba-266	109	1	these	these	DET
faba-266	109	2	findings	finding	NOUN
faba-266	109	3	suggest	suggest	VERB
faba-266	109	4	that	that	SCONJ
faba-266	109	5	the	the	DET
faba-266	109	6	variables	variable	NOUN
faba-266	109	7	are	be	AUX
faba-266	109	8	either	either	CCONJ
faba-266	109	9	i(0	i(0	PROPN
faba-266	109	10	)	)	PUNCT
faba-266	109	11	or	or	CCONJ
faba-266	109	12	i(1	i(1	NOUN
faba-266	109	13	)	)	PUNCT
faba-266	109	14	,	,	PUNCT
faba-266	109	15	making	make	VERB
faba-266	109	16	the	the	DET
faba-266	109	17	panel	panel	NOUN
faba-266	109	18	ardl	ardl	NOUN
faba-266	109	19	model	model	NOUN
faba-266	109	20	suitable	suitable	ADJ
faba-266	109	21	for	for	ADP
faba-266	109	22	analyzing	analyze	VERB
faba-266	109	23	both	both	CCONJ
faba-266	109	24	short	short	ADJ
faba-266	109	25	-	-	PUNCT
faba-266	109	26	run	run	VERB
faba-266	109	27	and	and	CCONJ
faba-266	109	28	long	long	ADV
faba-266	109	29	-	-	PUNCT
faba-266	109	30	run	run	NOUN
faba-266	109	31	relationships	relationship	NOUN
faba-266	109	32	(	(	PUNCT
faba-266	109	33	pesaran	pesaran	VERB
faba-266	109	34	et	et	PROPN
faba-266	109	35	al	al	PROPN
faba-266	109	36	.	.	PROPN
faba-266	109	37	1999	1999	NUM
faba-266	109	38	)	)	PUNCT
faba-266	109	39	.	.	PUNCT
faba-266	110	1	panel	panel	NOUN
faba-266	110	2	cointegration	cointegration	NOUN
faba-266	110	3	tests	test	NOUN
faba-266	110	4	to	to	PART
faba-266	110	5	examine	examine	VERB
faba-266	110	6	the	the	DET
faba-266	110	7	presence	presence	NOUN
faba-266	110	8	of	of	ADP
faba-266	110	9	a	a	DET
faba-266	110	10	long	long	ADV
faba-266	110	11	-	-	PUNCT
faba-266	110	12	run	run	VERB
faba-266	110	13	equilibrium	equilibrium	NOUN
faba-266	110	14	relationship	relationship	NOUN
faba-266	110	15	between	between	ADP
faba-266	110	16	financial	financial	ADJ
faba-266	110	17	development	development	NOUN
faba-266	110	18	indicators	indicator	NOUN
faba-266	110	19	and	and	CCONJ
faba-266	110	20	economic	economic	ADJ
faba-266	110	21	growth	growth	NOUN
faba-266	110	22	,	,	PUNCT
faba-266	110	23	this	this	DET
faba-266	110	24	study	study	NOUN
faba-266	110	25	employs	employ	VERB
faba-266	110	26	the	the	DET
faba-266	110	27	kao	kao	PROPN
faba-266	110	28	and	and	CCONJ
faba-266	110	29	pedroni	pedroni	ADJ
faba-266	110	30	cointegration	cointegration	NOUN
faba-266	110	31	tests	test	NOUN
faba-266	110	32	.	.	PUNCT
faba-266	111	1	the	the	DET
faba-266	111	2	pedroni	pedroni	NOUN
faba-266	111	3	test	test	NOUN
faba-266	111	4	considers	consider	VERB
faba-266	111	5	cross	cross	ADJ
faba-266	111	6	-	-	ADJ
faba-266	111	7	sectional	sectional	ADJ
faba-266	111	8	dependence	dependence	NOUN
faba-266	111	9	and	and	CCONJ
faba-266	111	10	heterogeneity	heterogeneity	NOUN
faba-266	111	11	(	(	PUNCT
faba-266	111	12	pedroni	pedroni	NOUN
faba-266	111	13	2004	2004	NUM
faba-266	111	14	)	)	PUNCT
faba-266	111	15	,	,	PUNCT
faba-266	111	16	while	while	SCONJ
faba-266	111	17	the	the	DET
faba-266	111	18	kao	kao	PROPN
faba-266	111	19	test	test	NOUN
faba-266	111	20	follows	follow	VERB
faba-266	111	21	a	a	DET
faba-266	111	22	similar	similar	ADJ
faba-266	111	23	approach	approach	NOUN
faba-266	111	24	but	but	CCONJ
faba-266	111	25	assumes	assume	VERB
faba-266	111	26	homogeneity	homogeneity	NOUN
faba-266	111	27	(	(	PUNCT
faba-266	111	28	kao	kao	PROPN
faba-266	111	29	1999	1999	NUM
faba-266	111	30	)	)	PUNCT
faba-266	111	31	.	.	PUNCT
faba-266	112	1	rejection	rejection	NOUN
faba-266	112	2	of	of	ADP
faba-266	112	3	the	the	DET
faba-266	112	4	null	null	ADJ
faba-266	112	5	hypothesis	hypothesis	NOUN
faba-266	112	6	in	in	ADP
faba-266	112	7	either	either	DET
faba-266	112	8	test	test	NOUN
faba-266	112	9	indicates	indicate	VERB
faba-266	112	10	the	the	DET
faba-266	112	11	presence	presence	NOUN
faba-266	112	12	of	of	ADP
faba-266	112	13	a	a	DET
faba-266	112	14	cointegrated	cointegrate	VERB
faba-266	112	15	relationship	relationship	NOUN
faba-266	112	16	.	.	PUNCT
faba-266	113	1	the	the	DET
faba-266	113	2	following	follow	VERB
faba-266	113	3	table	table	NOUN
faba-266	113	4	presents	present	VERB
faba-266	113	5	the	the	DET
faba-266	113	6	results	result	NOUN
faba-266	113	7	:	:	PUNCT
faba-266	113	8	table	table	NOUN
faba-266	113	9	3	3	NUM
faba-266	113	10	.	.	PUNCT
faba-266	113	11	results	result	NOUN
faba-266	113	12	of	of	ADP
faba-266	113	13	the	the	DET
faba-266	113	14	panel	panel	NOUN
faba-266	113	15	cointegration	cointegration	NOUN
faba-266	113	16	test	test	NOUN
faba-266	113	17	statistics	statistic	NOUN
faba-266	113	18	p	p	ADJ
faba-266	113	19	-	-	PUNCT
faba-266	113	20	value	value	NOUN
faba-266	113	21	decision	decision	NOUN
faba-266	113	22	kao	kao	PROPN
faba-266	113	23	test	test	NOUN
faba-266	113	24	modified	modify	VERB
faba-266	113	25	dickey	dickey	PROPN
faba-266	113	26	-	-	PUNCT
faba-266	113	27	fuller	full	ADJ
faba-266	113	28	4.7783	4.7783	NUM
faba-266	113	29	(	(	PUNCT
faba-266	113	30	0.0000	0.0000	NUM
faba-266	113	31	)	)	PUNCT
faba-266	113	32	alternative	alternative	ADJ
faba-266	113	33	hypothesis	hypothesis	NOUN
faba-266	113	34	:	:	PUNCT
faba-266	113	35	cointegration	cointegration	NOUN
faba-266	113	36	exists	exist	VERB
faba-266	113	37	dickey	dickey	NOUN
faba-266	113	38	-	-	PUNCT
faba-266	113	39	fuller	full	ADJ
faba-266	113	40	6.3774	6.3774	NUM
faba-266	113	41	(	(	PUNCT
faba-266	113	42	0.0000	0.0000	NUM
faba-266	113	43	)	)	PUNCT
faba-266	113	44	augmented	augment	VERB
faba-266	113	45	dickey	dickey	PROPN
faba-266	113	46	-	-	PUNCT
faba-266	113	47	fuller	full	ADJ
faba-266	113	48	5.5256	5.5256	NUM
faba-266	113	49	(	(	PUNCT
faba-266	113	50	0.0000	0.0000	NUM
faba-266	113	51	)	)	PUNCT
faba-266	113	52	unadjusted	unadjuste	VERB
faba-266	113	53	modified	modify	VERB
faba-266	113	54	dickey	dickey	NOUN
faba-266	113	55	-	-	PUNCT
faba-266	113	56	fuller	full	ADJ
faba-266	113	57	5.1538	5.1538	NUM
faba-266	113	58	(	(	PUNCT
faba-266	113	59	0.0000	0.0000	NUM
faba-266	113	60	)	)	PUNCT
faba-266	113	61	unadjusted	unadjuste	VERB
faba-266	113	62	dickey	dickey	PROPN
faba-266	113	63	-	-	PUNCT
faba-266	113	64	fuller	full	ADJ
faba-266	113	65	7.3816	7.3816	NUM
faba-266	113	66	(	(	PUNCT
faba-266	113	67	0.0000	0.0000	NUM
faba-266	113	68	)	)	PUNCT
faba-266	113	69	pedroni	pedroni	NOUN
faba-266	113	70	test	test	NOUN
faba-266	113	71	modified	modify	VERB
faba-266	113	72	phillips	phillips	PROPN
faba-266	113	73	-	-	PUNCT
faba-266	113	74	perron	perron	PROPN
faba-266	113	75	3.1447	3.1447	NUM
faba-266	113	76	(	(	PUNCT
faba-266	113	77	0.0008	0.0008	NUM
faba-266	113	78	)	)	PUNCT
faba-266	113	79	alternative	alternative	ADJ
faba-266	113	80	hypothesis	hypothesis	NOUN
faba-266	113	81	:	:	PUNCT
faba-266	113	82	cointegration	cointegration	NOUN
faba-266	113	83	exists	exist	VERB
faba-266	113	84	phillips	phillip	NOUN
faba-266	113	85	-	-	PUNCT
faba-266	113	86	perron	perron	PROPN
faba-266	113	87	1.8057	1.8057	NUM
faba-266	113	88	(	(	PUNCT
faba-266	113	89	0.0355	0.0355	NUM
faba-266	113	90	)	)	PUNCT
faba-266	113	91	augmented	augment	VERB
faba-266	113	92	dickey	dickey	PROPN
faba-266	113	93	-	-	PUNCT
faba-266	113	94	fuller	full	ADJ
faba-266	113	95	2.3224	2.3224	NUM
faba-266	113	96	(	(	PUNCT
faba-266	113	97	0.0101	0.0101	NUM
faba-266	113	98	)	)	PUNCT
faba-266	113	99	source	source	NOUN
faba-266	113	100	:	:	PUNCT
faba-266	113	101	stata	stata	VERB
faba-266	113	102	15	15	NUM
faba-266	113	103	software	software	NOUN
faba-266	113	104	output	output	NOUN
faba-266	113	105	(	(	PUNCT
faba-266	113	106	2025	2025	NUM
faba-266	113	107	)	)	PUNCT
faba-266	113	108	b.i.z	b.i.z	NOUN
faba-266	113	109	..	..	SYM
faba-266	113	110	mennad	mennad	PROPN
faba-266	113	111	,	,	PUNCT
faba-266	113	112	a.	a.	NOUN
faba-266	113	113	meskini	meskini	NOUN
faba-266	113	114	,	,	PUNCT
faba-266	113	115	a.	a.	NOUN
faba-266	113	116	benhaddou	benhaddou	NOUN
faba-266	113	117	/	/	SYM
faba-266	113	118	finance	finance	NOUN
faba-266	113	119	,	,	PUNCT
faba-266	113	120	accounting	accounting	NOUN
faba-266	113	121	and	and	CCONJ
faba-266	113	122	business	business	NOUN
faba-266	113	123	analysis	analysis	NOUN
faba-266	113	124	,	,	PUNCT
faba-266	113	125	volume	volume	NOUN
faba-266	113	126	7	7	NUM
faba-266	113	127	,	,	PUNCT
faba-266	113	128	issue	issue	NOUN
faba-266	113	129	1	1	NUM
faba-266	113	130	,	,	PUNCT
faba-266	113	131	2025	2025	NUM
faba-266	113	132	104	104	NUM
faba-266	113	133	table	table	NOUN
faba-266	113	134	3	3	NUM
faba-266	113	135	presents	present	VERB
faba-266	113	136	the	the	DET
faba-266	113	137	results	result	NOUN
faba-266	113	138	of	of	ADP
faba-266	113	139	panel	panel	NOUN
faba-266	113	140	cointegration	cointegration	NOUN
faba-266	113	141	tests	test	NOUN
faba-266	113	142	,	,	PUNCT
faba-266	113	143	specifically	specifically	ADV
faba-266	113	144	the	the	DET
faba-266	113	145	kao	kao	PROPN
faba-266	113	146	and	and	CCONJ
faba-266	113	147	pedroni	pedroni	NOUN
faba-266	113	148	tests	test	NOUN
faba-266	113	149	,	,	PUNCT
faba-266	113	150	to	to	PART
faba-266	113	151	examine	examine	VERB
faba-266	113	152	whether	whether	SCONJ
faba-266	113	153	a	a	DET
faba-266	113	154	long	long	ADV
faba-266	113	155	-	-	PUNCT
faba-266	113	156	run	run	NOUN
faba-266	113	157	relationship	relationship	NOUN
faba-266	113	158	exists	exist	VERB
faba-266	113	159	among	among	ADP
faba-266	113	160	the	the	DET
faba-266	113	161	variables	variable	NOUN
faba-266	113	162	.	.	PUNCT
faba-266	114	1	the	the	DET
faba-266	114	2	kao	kao	PROPN
faba-266	114	3	test	test	NOUN
faba-266	114	4	results	result	NOUN
faba-266	114	5	show	show	VERB
faba-266	114	6	highly	highly	ADV
faba-266	114	7	significant	significant	ADJ
faba-266	114	8	p	p	NOUN
faba-266	114	9	-	-	PUNCT
faba-266	114	10	values	value	NOUN
faba-266	114	11	(	(	PUNCT
faba-266	114	12	0.0000	0.0000	NUM
faba-266	114	13	)	)	PUNCT
faba-266	114	14	across	across	ADP
faba-266	114	15	all	all	DET
faba-266	114	16	statistics	statistic	NOUN
faba-266	114	17	,	,	PUNCT
faba-266	114	18	confirming	confirm	VERB
faba-266	114	19	strong	strong	ADJ
faba-266	114	20	evidence	evidence	NOUN
faba-266	114	21	in	in	ADP
faba-266	114	22	favor	favor	NOUN
faba-266	114	23	of	of	ADP
faba-266	114	24	cointegration	cointegration	NOUN
faba-266	114	25	,	,	PUNCT
faba-266	114	26	meaning	mean	VERB
faba-266	114	27	the	the	DET
faba-266	114	28	variables	variable	NOUN
faba-266	114	29	move	move	VERB
faba-266	114	30	together	together	ADV
faba-266	114	31	over	over	ADP
faba-266	114	32	time	time	NOUN
faba-266	114	33	.	.	PUNCT
faba-266	115	1	similarly	similarly	ADV
faba-266	115	2	,	,	PUNCT
faba-266	115	3	the	the	DET
faba-266	115	4	pedroni	pedroni	NOUN
faba-266	115	5	test	test	NOUN
faba-266	115	6	results	result	NOUN
faba-266	115	7	,	,	PUNCT
faba-266	115	8	including	include	VERB
faba-266	115	9	the	the	DET
faba-266	115	10	modified	modify	VERB
faba-266	115	11	phillips	phillip	NOUN
faba-266	115	12	-	-	PUNCT
faba-266	115	13	perron	perron	PROPN
faba-266	115	14	(	(	PUNCT
faba-266	115	15	p	p	X
faba-266	115	16	=	=	NOUN
faba-266	115	17	0.0008	0.0008	NUM
faba-266	115	18	)	)	PUNCT
faba-266	115	19	,	,	PUNCT
faba-266	115	20	augmented	augment	VERB
faba-266	115	21	dickey	dickey	NOUN
faba-266	115	22	-	-	PUNCT
faba-266	115	23	fuller	full	ADJ
faba-266	115	24	(	(	PUNCT
faba-266	115	25	p	p	NOUN
faba-266	115	26	=	=	SYM
faba-266	115	27	0.0101	0.0101	NUM
faba-266	115	28	)	)	PUNCT
faba-266	115	29	,	,	PUNCT
faba-266	115	30	and	and	CCONJ
faba-266	115	31	phillips	phillips	PROPN
faba-266	115	32	-	-	PUNCT
faba-266	115	33	perron	perron	PROPN
faba-266	115	34	(	(	PUNCT
faba-266	115	35	p	p	X
faba-266	115	36	=	=	PROPN
faba-266	115	37	0.0355	0.0355	NUM
faba-266	115	38	)	)	PUNCT
faba-266	115	39	,	,	PUNCT
faba-266	115	40	all	all	PRON
faba-266	115	41	indicate	indicate	VERB
faba-266	115	42	p	p	NOUN
faba-266	115	43	-	-	PUNCT
faba-266	115	44	values	value	NOUN
faba-266	115	45	below	below	ADP
faba-266	115	46	0.05	0.05	NUM
faba-266	115	47	,	,	PUNCT
faba-266	115	48	further	far	ADV
faba-266	115	49	supporting	support	VERB
faba-266	115	50	the	the	DET
faba-266	115	51	presence	presence	NOUN
faba-266	115	52	of	of	ADP
faba-266	115	53	a	a	DET
faba-266	115	54	stable	stable	ADJ
faba-266	115	55	long	long	ADJ
faba-266	115	56	-	-	PUNCT
faba-266	115	57	term	term	NOUN
faba-266	115	58	relationship	relationship	NOUN
faba-266	115	59	.	.	PUNCT
faba-266	116	1	overall	overall	ADV
faba-266	116	2	,	,	PUNCT
faba-266	116	3	both	both	DET
faba-266	116	4	tests	test	NOUN
faba-266	116	5	confirm	confirm	VERB
faba-266	116	6	that	that	SCONJ
faba-266	116	7	financial	financial	ADJ
faba-266	116	8	development	development	NOUN
faba-266	116	9	and	and	CCONJ
faba-266	116	10	economic	economic	ADJ
faba-266	116	11	growth	growth	NOUN
faba-266	116	12	are	be	AUX
faba-266	116	13	cointegrated	cointegrate	VERB
faba-266	116	14	,	,	PUNCT
faba-266	116	15	suggesting	suggest	VERB
faba-266	116	16	that	that	SCONJ
faba-266	116	17	changes	change	NOUN
faba-266	116	18	in	in	ADP
faba-266	116	19	financial	financial	ADJ
faba-266	116	20	development	development	NOUN
faba-266	116	21	indicators	indicator	NOUN
faba-266	116	22	have	have	VERB
faba-266	116	23	a	a	DET
faba-266	116	24	lasting	last	VERB
faba-266	116	25	impact	impact	NOUN
faba-266	116	26	on	on	ADP
faba-266	116	27	gdp	gdp	PROPN
faba-266	116	28	.	.	PROPN
faba-266	116	29	panel	panel	PROPN
faba-266	116	30	ardl	ardl	PROPN
faba-266	116	31	approach	approach	VERB
faba-266	116	32	the	the	DET
faba-266	116	33	panel	panel	NOUN
faba-266	116	34	ardl	ardl	NOUN
faba-266	116	35	model	model	NOUN
faba-266	116	36	is	be	AUX
faba-266	116	37	used	use	VERB
faba-266	116	38	due	due	ADP
faba-266	116	39	to	to	ADP
faba-266	116	40	its	its	PRON
faba-266	116	41	ability	ability	NOUN
faba-266	116	42	to	to	PART
faba-266	116	43	handle	handle	VERB
faba-266	116	44	variables	variable	NOUN
faba-266	116	45	with	with	ADP
faba-266	116	46	different	different	ADJ
faba-266	116	47	integration	integration	NOUN
faba-266	116	48	orders	order	NOUN
faba-266	116	49	while	while	SCONJ
faba-266	116	50	capturing	capture	VERB
faba-266	116	51	both	both	DET
faba-266	116	52	short	short	ADJ
faba-266	116	53	-	-	PUNCT
faba-266	116	54	run	run	NOUN
faba-266	116	55	dynamics	dynamic	NOUN
faba-266	116	56	and	and	CCONJ
faba-266	116	57	long	long	ADV
faba-266	116	58	-	-	PUNCT
faba-266	116	59	run	run	NOUN
faba-266	116	60	relationships	relationship	NOUN
faba-266	116	61	.	.	PUNCT
faba-266	117	1	the	the	DET
faba-266	117	2	main	main	ADJ
faba-266	117	3	model	model	NOUN
faba-266	117	4	is	be	AUX
faba-266	117	5	formulated	formulate	VERB
faba-266	117	6	as	as	SCONJ
faba-266	117	7	follows	follow	VERB
faba-266	117	8	:	:	PUNCT
faba-266	117	9	∆𝐺𝐷𝑃𝑖𝑡	∆𝐺𝐷𝑃𝑖𝑡	PROPN
faba-266	117	10	=	=	SYM
faba-266	117	11	𝛼𝑖	𝛼𝑖	PROPN
faba-266	117	12	+	+	CCONJ
faba-266	117	13	∑	∑	PROPN
faba-266	117	14	𝛽𝑝∆𝐺𝐷𝑃𝑖,𝑡−𝑝	𝛽𝑝∆𝐺𝐷𝑃𝑖,𝑡−𝑝	X
faba-266	117	15	𝑝	𝑝	NOUN
faba-266	117	16	𝑝=1	𝑝=1	PROPN
faba-266	118	1	+	+	CCONJ
faba-266	118	2	∑	∑	PROPN
faba-266	118	3	𝛾1𝑞∆𝐹𝐷𝐴𝑖,𝑡−𝑞	𝛾1𝑞∆𝐹𝐷𝐴𝑖,𝑡−𝑞	X
faba-266	118	4	𝑞	𝑞	X
faba-266	118	5	𝑞=0	𝑞=0	PROPN
faba-266	118	6	+	+	PROPN
faba-266	118	7	∑	∑	PROPN
faba-266	118	8	𝛾2𝑞∆𝐹𝐷𝐷𝑖,𝑡−𝑞	𝛾2𝑞∆𝐹𝐷𝐷𝑖,𝑡−𝑞	PROPN
faba-266	118	9	𝑞	𝑞	X
faba-266	118	10	𝑞=0	𝑞=0	PROPN
faba-266	118	11	+	+	PROPN
faba-266	118	12	∑	∑	PROPN
faba-266	118	13	𝛾3𝑞∆𝐹𝐷𝐸𝑖,𝑡−𝑞	𝛾3𝑞∆𝐹𝐷𝐸𝑖,𝑡−𝑞	PROPN
faba-266	118	14	𝑞	𝑞	X
faba-266	118	15	𝑞=0	𝑞=0	PROPN
faba-266	118	16	+	+	CCONJ
faba-266	118	17	𝛿𝑖𝐸𝐶𝑖,𝑡−1	𝛿𝑖𝐸𝐶𝑖,𝑡−1	PROPN
faba-266	119	1	+	+	NUM
faba-266	119	2	휀𝑖𝑡	휀𝑖𝑡	NOUN
faba-266	119	3	(	(	PUNCT
faba-266	119	4	1	1	NUM
faba-266	119	5	)	)	PUNCT
faba-266	120	1	where	where	SCONJ
faba-266	120	2	:	:	PUNCT
faba-266	120	3			PRON
faba-266	120	4	gdpit	gdpit	NOUN
faba-266	120	5	:	:	PUNCT
faba-266	120	6	gdp	gdp	NOUN
faba-266	120	7	for	for	ADP
faba-266	120	8	country	country	NOUN
faba-266	120	9	i	i	PRON
faba-266	120	10	at	at	ADP
faba-266	120	11	time	time	NOUN
faba-266	120	12	t.	t.	PROPN
faba-266	120	13			PROPN
faba-266	120	14	fdait	fdait	PROPN
faba-266	120	15	,	,	PUNCT
faba-266	120	16	fddit	fddit	NOUN
faba-266	120	17	,	,	PUNCT
faba-266	120	18	fdeit	fdeit	NOUN
faba-266	120	19	:	:	PUNCT
faba-266	120	20	financial	financial	ADJ
faba-266	120	21	development	development	NOUN
faba-266	120	22	indicators	indicator	NOUN
faba-266	120	23	(	(	PUNCT
faba-266	120	24	access	access	NOUN
faba-266	120	25	,	,	PUNCT
faba-266	120	26	depth	depth	NOUN
faba-266	120	27	,	,	PUNCT
faba-266	120	28	efficiency	efficiency	NOUN
faba-266	120	29	)	)	PUNCT
faba-266	120	30	.	.	PUNCT
faba-266	121	1			PROPN
faba-266	121	2	eci	eci	PROPN
faba-266	121	3	,	,	PUNCT
faba-266	121	4	t−1	t−1	PROPN
faba-266	121	5	:	:	PUNCT
faba-266	121	6	error	error	NOUN
faba-266	121	7	correction	correction	NOUN
faba-266	121	8	term	term	NOUN
faba-266	121	9	.	.	PUNCT
faba-266	122	1			PROPN
faba-266	123	1	εit	εit	ADJ
faba-266	123	2	:	:	PUNCT
faba-266	123	3	error	error	NOUN
faba-266	123	4	term	term	NOUN
faba-266	123	5	.	.	PUNCT
faba-266	124	1	panel	panel	NOUN
faba-266	124	2	ardl	ardl	NOUN
faba-266	124	3	model	model	NOUN
faba-266	124	4	estimators	estimator	NOUN
faba-266	124	5	and	and	CCONJ
faba-266	124	6	the	the	DET
faba-266	124	7	hausman	hausman	ADJ
faba-266	124	8	test	test	NOUN
faba-266	124	9	this	this	DET
faba-266	124	10	section	section	NOUN
faba-266	124	11	provides	provide	VERB
faba-266	124	12	an	an	DET
faba-266	124	13	analysis	analysis	NOUN
faba-266	124	14	of	of	ADP
faba-266	124	15	the	the	DET
faba-266	124	16	panel	panel	NOUN
faba-266	124	17	ardl	ardl	NOUN
faba-266	124	18	model	model	NOUN
faba-266	124	19	results	result	NOUN
faba-266	124	20	,	,	PUNCT
faba-266	124	21	utilizing	utilize	VERB
faba-266	124	22	three	three	NUM
faba-266	124	23	estimation	estimation	NOUN
faba-266	124	24	methods	method	NOUN
faba-266	124	25	:	:	PUNCT
faba-266	124	26	mean	mean	PROPN
faba-266	124	27	group	group	NOUN
faba-266	124	28	(	(	PUNCT
faba-266	124	29	mg	mg	PROPN
faba-266	124	30	)	)	PUNCT
faba-266	124	31	,	,	PUNCT
faba-266	124	32	pooled	pool	VERB
faba-266	124	33	mean	mean	PROPN
faba-266	124	34	group	group	NOUN
faba-266	124	35	(	(	PUNCT
faba-266	124	36	pmg	pmg	PROPN
faba-266	124	37	)	)	PUNCT
faba-266	124	38	,	,	PUNCT
faba-266	124	39	and	and	CCONJ
faba-266	124	40	dynamic	dynamic	ADJ
faba-266	124	41	fixed	fix	VERB
faba-266	124	42	effects	effect	NOUN
faba-266	124	43	(	(	PUNCT
faba-266	124	44	dfe	dfe	PROPN
faba-266	124	45	)	)	PUNCT
faba-266	124	46	.	.	PUNCT
faba-266	125	1	it	it	PRON
faba-266	125	2	examines	examine	VERB
faba-266	125	3	both	both	DET
faba-266	125	4	short	short	ADJ
faba-266	125	5	-	-	PUNCT
faba-266	125	6	run	run	VERB
faba-266	125	7	and	and	CCONJ
faba-266	125	8	long	long	ADV
faba-266	125	9	-	-	PUNCT
faba-266	125	10	run	run	NOUN
faba-266	125	11	relationships	relationship	NOUN
faba-266	125	12	between	between	ADP
faba-266	125	13	financial	financial	ADJ
faba-266	125	14	development	development	NOUN
faba-266	125	15	indicators	indicator	NOUN
faba-266	125	16	(	(	PUNCT
faba-266	125	17	fda	fda	PROPN
faba-266	125	18	,	,	PUNCT
faba-266	125	19	fdd	fdd	PROPN
faba-266	125	20	,	,	PUNCT
faba-266	125	21	fde	fde	PROPN
faba-266	125	22	)	)	PUNCT
faba-266	125	23	and	and	CCONJ
faba-266	125	24	economic	economic	ADJ
faba-266	125	25	growth	growth	NOUN
faba-266	125	26	(	(	PUNCT
faba-266	125	27	gdp	gdp	NOUN
faba-266	125	28	)	)	PUNCT
faba-266	125	29	in	in	ADP
faba-266	125	30	the	the	DET
faba-266	125	31	selected	select	VERB
faba-266	125	32	african	african	ADJ
faba-266	125	33	countries	country	NOUN
faba-266	125	34	.	.	PUNCT
faba-266	126	1	the	the	DET
faba-266	126	2	results	result	NOUN
faba-266	126	3	are	be	AUX
faba-266	126	4	summarized	summarize	VERB
faba-266	126	5	in	in	ADP
faba-266	126	6	the	the	DET
faba-266	126	7	following	follow	VERB
faba-266	126	8	table	table	NOUN
faba-266	126	9	.	.	PUNCT
faba-266	127	1	table	table	NOUN
faba-266	127	2	4	4	NUM
faba-266	127	3	.	.	PUNCT
faba-266	127	4	results	result	NOUN
faba-266	127	5	of	of	ADP
faba-266	127	6	mg	mg	PROPN
faba-266	127	7	,	,	PUNCT
faba-266	127	8	pmg	pmg	PROPN
faba-266	127	9	and	and	CCONJ
faba-266	127	10	dfe	dfe	PROPN
faba-266	127	11	estimation	estimation	NOUN
faba-266	127	12	estimator	estimator	NOUN
faba-266	127	13	mean	mean	PROPN
faba-266	127	14	group	group	NOUN
faba-266	127	15	(	(	PUNCT
faba-266	127	16	mg	mg	ADJ
faba-266	127	17	)	)	PUNCT
faba-266	127	18	pooled	pool	VERB
faba-266	127	19	mean	mean	NOUN
faba-266	127	20	group	group	NOUN
faba-266	127	21	(	(	PUNCT
faba-266	127	22	pmg	pmg	PROPN
faba-266	127	23	)	)	PUNCT
faba-266	127	24	dynamic	dynamic	ADJ
faba-266	127	25	fixed	fix	VERB
faba-266	127	26	effects	effect	NOUN
faba-266	127	27	(	(	PUNCT
faba-266	127	28	dfe	dfe	PROPN
faba-266	127	29	)	)	PUNCT
faba-266	127	30	variable	variable	ADJ
faba-266	127	31	coefficient	coefficient	NOUN
faba-266	127	32	p	p	NOUN
faba-266	127	33	-	-	PUNCT
faba-266	127	34	value	value	NOUN
faba-266	127	35	coefficient	coefficient	NOUN
faba-266	127	36	p	p	NOUN
faba-266	127	37	-	-	PUNCT
faba-266	127	38	value	value	NOUN
faba-266	127	39	coefficient	coefficient	NOUN
faba-266	127	40	p	p	NOUN
faba-266	127	41	-	-	PUNCT
faba-266	127	42	value	value	NOUN
faba-266	127	43	long	long	ADJ
faba-266	127	44	run	run	NOUN
faba-266	127	45	fda	fda	PROPN
faba-266	127	46	314.1063	314.1063	NUM
faba-266	127	47	0.378	0.378	NUM
faba-266	127	48	190.7591	190.7591	NUM
faba-266	127	49	0.000	0.000	NUM
faba-266	127	50	352.2051	352.2051	NUM
faba-266	127	51	0.017	0.017	NUM
faba-266	127	52	fdd	fdd	PROPN
faba-266	127	53	-352.3448	-352.3448	NOUN
faba-266	127	54	0.685	0.685	NUM
faba-266	127	55	159.2675	159.2675	NUM
faba-266	127	56	0.000	0.000	NUM
faba-266	127	57	-239.3409	-239.3409	NUM
faba-266	127	58	0.154	0.154	NUM
faba-266	127	59	fde	fde	PROPN
faba-266	127	60	-62.05083	-62.05083	NUM
faba-266	127	61	0.724	0.724	NUM
faba-266	127	62	-10.75505	-10.75505	SYM
faba-266	127	63	0.000	0.000	NUM
faba-266	127	64	-48.62717	-48.62717	NUM
faba-266	127	65	0.494	0.494	NUM
faba-266	127	66	short	short	ADJ
faba-266	127	67	run	run	NOUN
faba-266	127	68	ect	ect	X
faba-266	127	69	-0.049262	-0.049262	PROPN
faba-266	127	70	0.068	0.068	NUM
faba-266	127	71	-0.014218	-0.014218	NOUN
faba-266	127	72	0.171	0.171	NUM
faba-266	127	73	-0	-0	PUNCT
faba-266	127	74	.	.	PUNCT
faba-266	127	75	018615	018615	NUM
faba-266	128	1	0.000	0.000	NUM
faba-266	128	2	fda	fda	PROPN
faba-266	128	3	65.11428	65.11428	NUM
faba-266	128	4	0.033	0.033	NUM
faba-266	128	5	87.14563	87.14563	NUM
faba-266	128	6	0.009	0.009	NUM
faba-266	128	7	37.96531	37.96531	NUM
faba-266	128	8	0.001	0.001	NUM
faba-266	128	9	fdd	fdd	PROPN
faba-266	128	10	-56.39753	-56.39753	NUM
faba-266	128	11	0.017	0.017	NUM
faba-266	128	12	-79.36094	-79.36094	NUM
faba-266	128	13	0.040	0.040	NUM
faba-266	128	14	-28.41883	-28.41883	PUNCT
faba-266	128	15	0.000	0.000	NUM
faba-266	128	16	fde	fde	PROPN
faba-266	128	17	-1.526893	-1.526893	PROPN
faba-266	128	18	0.562	0.562	NUM
faba-266	128	19	2.578938	2.578938	NUM
faba-266	128	20	0.289	0.289	NUM
faba-266	128	21	2.034714	2.034714	NUM
faba-266	128	22	0.441	0.441	NUM
faba-266	128	23	cons	con	NOUN
faba-266	128	24	_	_	PUNCT
faba-266	128	25	1.533818	1.533818	NUM
faba-266	128	26	0.633	0.633	NUM
faba-266	128	27	1.113648	1.113648	NUM
faba-266	128	28	0.000	0.000	NUM
faba-266	128	29	0.305934	0.305934	NUM
faba-266	128	30	0.000	0.000	NUM
faba-266	128	31	source	source	NOUN
faba-266	128	32	:	:	PUNCT
faba-266	128	33	stata	stata	VERB
faba-266	128	34	15	15	NUM
faba-266	128	35	software	software	NOUN
faba-266	128	36	output	output	NOUN
faba-266	128	37	(	(	PUNCT
faba-266	128	38	2025	2025	NUM
faba-266	128	39	)	)	PUNCT
faba-266	128	40	to	to	PART
faba-266	128	41	determine	determine	VERB
faba-266	128	42	the	the	DET
faba-266	128	43	appropriate	appropriate	ADJ
faba-266	128	44	model	model	NOUN
faba-266	128	45	for	for	ADP
faba-266	128	46	estimating	estimate	VERB
faba-266	128	47	the	the	DET
faba-266	128	48	relationship	relationship	NOUN
faba-266	128	49	between	between	ADP
faba-266	128	50	financial	financial	ADJ
faba-266	128	51	development	development	NOUN
faba-266	128	52	and	and	CCONJ
faba-266	128	53	economic	economic	ADJ
faba-266	128	54	growth	growth	NOUN
faba-266	128	55	,	,	PUNCT
faba-266	128	56	the	the	DET
faba-266	128	57	hausman	hausman	ADJ
faba-266	128	58	test	test	NOUN
faba-266	128	59	is	be	AUX
faba-266	128	60	conducted	conduct	VERB
faba-266	128	61	.	.	PUNCT
faba-266	129	1	this	this	DET
faba-266	129	2	test	test	NOUN
faba-266	129	3	compares	compare	VERB
faba-266	129	4	different	different	ADJ
faba-266	129	5	estimators	estimator	NOUN
faba-266	129	6	,	,	PUNCT
faba-266	129	7	including	include	VERB
faba-266	129	8	pooled	pool	VERB
faba-266	129	9	mean	mean	NOUN
faba-266	129	10	group	group	NOUN
faba-266	129	11	(	(	PUNCT
faba-266	129	12	pmg	pmg	PROPN
faba-266	129	13	)	)	PUNCT
faba-266	129	14	,	,	PUNCT
faba-266	129	15	mean	mean	NOUN
faba-266	129	16	group	group	NOUN
faba-266	129	17	(	(	PUNCT
faba-266	129	18	mg	mg	PROPN
faba-266	129	19	)	)	PUNCT
faba-266	129	20	,	,	PUNCT
faba-266	129	21	and	and	CCONJ
faba-266	129	22	dynamic	dynamic	ADJ
faba-266	129	23	fixed	fix	VERB
faba-266	129	24	effects	effect	NOUN
faba-266	129	25	(	(	PUNCT
faba-266	129	26	dfe	dfe	PROPN
faba-266	129	27	)	)	PUNCT
faba-266	129	28	,	,	PUNCT
faba-266	129	29	to	to	PART
faba-266	129	30	identify	identify	VERB
faba-266	129	31	the	the	DET
faba-266	129	32	most	most	ADV
faba-266	129	33	efficient	efficient	ADJ
faba-266	129	34	and	and	CCONJ
faba-266	129	35	consistent	consistent	ADJ
faba-266	129	36	model	model	NOUN
faba-266	129	37	.	.	PUNCT
faba-266	130	1	it	it	PRON
faba-266	130	2	evaluates	evaluate	VERB
faba-266	130	3	whether	whether	SCONJ
faba-266	130	4	there	there	PRON
faba-266	130	5	are	be	VERB
faba-266	130	6	systematic	systematic	ADJ
faba-266	130	7	differences	difference	NOUN
faba-266	130	8	between	between	ADP
faba-266	130	9	the	the	DET
faba-266	130	10	coefficients	coefficient	NOUN
faba-266	130	11	of	of	ADP
faba-266	130	12	the	the	DET
faba-266	130	13	models	model	NOUN
faba-266	130	14	.	.	PUNCT
faba-266	131	1	if	if	SCONJ
faba-266	131	2	the	the	DET
faba-266	131	3	p	p	NOUN
faba-266	131	4	-	-	PUNCT
faba-266	131	5	value	value	NOUN
faba-266	131	6	exceeds	exceed	VERB
faba-266	131	7	5	5	NUM
faba-266	131	8	%	%	NOUN
faba-266	131	9	,	,	PUNCT
faba-266	131	10	the	the	DET
faba-266	131	11	null	null	ADJ
faba-266	131	12	hypothesis	hypothesis	NOUN
faba-266	131	13	is	be	AUX
faba-266	131	14	not	not	PART
faba-266	131	15	rejected	reject	VERB
faba-266	131	16	,	,	PUNCT
faba-266	131	17	favoring	favor	VERB
faba-266	131	18	the	the	DET
faba-266	131	19	pmg	pmg	PROPN
faba-266	131	20	estimator	estimator	NOUN
faba-266	131	21	.	.	PUNCT
faba-266	132	1	conversely	conversely	ADV
faba-266	132	2	,	,	PUNCT
faba-266	132	3	if	if	SCONJ
faba-266	132	4	the	the	DET
faba-266	132	5	p	p	NOUN
faba-266	132	6	-	-	PUNCT
faba-266	132	7	value	value	NOUN
faba-266	132	8	is	be	AUX
faba-266	132	9	below	below	ADP
faba-266	132	10	5	5	NUM
faba-266	132	11	%	%	NOUN
faba-266	132	12	,	,	PUNCT
faba-266	132	13	the	the	DET
faba-266	132	14	alternative	alternative	ADJ
faba-266	132	15	hypothesis	hypothesis	NOUN
faba-266	132	16	is	be	AUX
faba-266	132	17	accepted	accept	VERB
faba-266	132	18	,	,	PUNCT
faba-266	132	19	indicating	indicate	VERB
faba-266	132	20	that	that	SCONJ
faba-266	132	21	the	the	DET
faba-266	132	22	mg	mg	PROPN
faba-266	132	23	or	or	CCONJ
faba-266	132	24	dfe	dfe	PROPN
faba-266	132	25	estimator	estimator	NOUN
faba-266	132	26	is	be	AUX
faba-266	132	27	more	more	ADV
faba-266	132	28	suitable	suitable	ADJ
faba-266	132	29	(	(	PUNCT
faba-266	132	30	hausman	hausman	NOUN
faba-266	132	31	1978	1978	NUM
faba-266	132	32	)	)	PUNCT
faba-266	132	33	.	.	PUNCT
faba-266	133	1	the	the	DET
faba-266	133	2	test	test	NOUN
faba-266	133	3	results	result	NOUN
faba-266	133	4	are	be	AUX
faba-266	133	5	presented	present	VERB
faba-266	133	6	in	in	ADP
faba-266	133	7	the	the	DET
faba-266	133	8	following	follow	VERB
faba-266	133	9	table	table	NOUN
faba-266	133	10	.	.	PUNCT
faba-266	134	1	b.i.z	b.i.z	NOUN
faba-266	134	2	..	..	PROPN
faba-266	134	3	mennad	mennad	PROPN
faba-266	134	4	,	,	PUNCT
faba-266	134	5	a.	a.	NOUN
faba-266	134	6	meskini	meskini	NOUN
faba-266	134	7	,	,	PUNCT
faba-266	134	8	a.	a.	NOUN
faba-266	134	9	benhaddou	benhaddou	NOUN
faba-266	134	10	/	/	SYM
faba-266	134	11	finance	finance	NOUN
faba-266	134	12	,	,	PUNCT
faba-266	134	13	accounting	accounting	NOUN
faba-266	134	14	and	and	CCONJ
faba-266	134	15	business	business	NOUN
faba-266	134	16	analysis	analysis	NOUN
faba-266	134	17	,	,	PUNCT
faba-266	134	18	volume	volume	NOUN
faba-266	134	19	7	7	NUM
faba-266	134	20	,	,	PUNCT
faba-266	134	21	issue	issue	NOUN
faba-266	134	22	1	1	NUM
faba-266	134	23	,	,	PUNCT
faba-266	134	24	2025	2025	NUM
faba-266	134	25	105	105	NUM
faba-266	134	26	table	table	NOUN
faba-266	134	27	5	5	NUM
faba-266	134	28	.	.	PUNCT
faba-266	134	29	results	result	NOUN
faba-266	134	30	of	of	ADP
faba-266	134	31	the	the	DET
faba-266	134	32	hausman	hausman	ADJ
faba-266	134	33	test	test	NOUN
faba-266	134	34	trade	trade	NOUN
faba-266	134	35	-	-	PUNCT
faba-266	134	36	off	off	ADP
faba-266	134	37	statistics	statistic	NOUN
faba-266	134	38	p	p	ADJ
faba-266	134	39	-	-	PUNCT
faba-266	134	40	value	value	NOUN
faba-266	134	41	decision	decision	NOUN
faba-266	134	42	mg	mg	PROPN
faba-266	134	43	/	/	SYM
faba-266	134	44	pmg	pmg	PROPN
faba-266	134	45	0.23	0.23	NUM
faba-266	134	46	0.9719	0.9719	NUM
faba-266	134	47	pmg	pmg	NOUN
faba-266	134	48	is	be	AUX
faba-266	134	49	more	more	ADV
faba-266	134	50	efficient	efficient	ADJ
faba-266	134	51	than	than	ADP
faba-266	134	52	the	the	DET
faba-266	134	53	mg	mg	PROPN
faba-266	134	54	pmg	pmg	PROPN
faba-266	134	55	/	/	SYM
faba-266	134	56	dfe	dfe	PROPN
faba-266	134	57	1.53	1.53	NUM
faba-266	134	58	0.6750	0.6750	NUM
faba-266	134	59	pmg	pmg	NOUN
faba-266	134	60	is	be	AUX
faba-266	134	61	more	more	ADV
faba-266	134	62	efficient	efficient	ADJ
faba-266	134	63	than	than	ADP
faba-266	134	64	the	the	DET
faba-266	134	65	dfe	dfe	PROPN
faba-266	134	66	source	source	NOUN
faba-266	134	67	:	:	PUNCT
faba-266	134	68	stata	stata	VERB
faba-266	134	69	15	15	NUM
faba-266	134	70	software	software	NOUN
faba-266	134	71	output	output	NOUN
faba-266	134	72	(	(	PUNCT
faba-266	134	73	2025	2025	NUM
faba-266	134	74	)	)	PUNCT
faba-266	134	75	the	the	DET
faba-266	134	76	hausman	hausman	ADJ
faba-266	134	77	test	test	NOUN
faba-266	134	78	results	result	NOUN
faba-266	134	79	(	(	PUNCT
faba-266	134	80	0.9719	0.9719	NUM
faba-266	134	81	for	for	ADP
faba-266	134	82	mg	mg	PROPN
faba-266	134	83	/	/	SYM
faba-266	134	84	pmg	pmg	PROPN
faba-266	134	85	and	and	CCONJ
faba-266	134	86	0.6750	0.6750	NUM
faba-266	134	87	for	for	ADP
faba-266	134	88	pmg	pmg	PROPN
faba-266	134	89	/	/	SYM
faba-266	134	90	dfe	dfe	PROPN
faba-266	134	91	)	)	PUNCT
faba-266	134	92	indicate	indicate	VERB
faba-266	134	93	that	that	SCONJ
faba-266	134	94	the	the	DET
faba-266	134	95	pooled	pool	VERB
faba-266	134	96	mean	mean	NOUN
faba-266	134	97	group	group	NOUN
faba-266	134	98	(	(	PUNCT
faba-266	134	99	pmg	pmg	PROPN
faba-266	134	100	)	)	PUNCT
faba-266	134	101	estimator	estimator	NOUN
faba-266	134	102	is	be	AUX
faba-266	134	103	more	more	ADV
faba-266	134	104	efficient	efficient	ADJ
faba-266	134	105	than	than	ADP
faba-266	134	106	both	both	CCONJ
faba-266	134	107	the	the	DET
faba-266	134	108	mean	mean	ADJ
faba-266	134	109	group	group	NOUN
faba-266	134	110	(	(	PUNCT
faba-266	134	111	mg	mg	PROPN
faba-266	134	112	)	)	PUNCT
faba-266	134	113	and	and	CCONJ
faba-266	134	114	dynamic	dynamic	ADJ
faba-266	134	115	fixed	fix	VERB
faba-266	134	116	effects	effect	NOUN
faba-266	134	117	(	(	PUNCT
faba-266	134	118	dfe	dfe	PROPN
faba-266	134	119	)	)	PUNCT
faba-266	134	120	estimators	estimator	NOUN
faba-266	134	121	.	.	PUNCT
faba-266	135	1	the	the	DET
faba-266	135	2	high	high	ADJ
faba-266	135	3	p	p	NOUN
faba-266	135	4	-	-	PUNCT
faba-266	135	5	values	value	NOUN
faba-266	135	6	(	(	PUNCT
faba-266	135	7	above	above	ADP
faba-266	135	8	5	5	NUM
faba-266	135	9	%	%	NOUN
faba-266	135	10	)	)	PUNCT
faba-266	135	11	suggest	suggest	VERB
faba-266	135	12	that	that	SCONJ
faba-266	135	13	there	there	PRON
faba-266	135	14	are	be	VERB
faba-266	135	15	no	no	DET
faba-266	135	16	significant	significant	ADJ
faba-266	135	17	differences	difference	NOUN
faba-266	135	18	between	between	ADP
faba-266	135	19	the	the	DET
faba-266	135	20	coefficients	coefficient	NOUN
faba-266	135	21	,	,	PUNCT
faba-266	135	22	leading	lead	VERB
faba-266	135	23	to	to	ADP
faba-266	135	24	the	the	DET
faba-266	135	25	acceptance	acceptance	NOUN
faba-266	135	26	of	of	ADP
faba-266	135	27	the	the	DET
faba-266	135	28	null	null	ADJ
faba-266	135	29	hypothesis	hypothesis	NOUN
faba-266	135	30	.	.	PUNCT
faba-266	136	1	therefore	therefore	ADV
faba-266	136	2	,	,	PUNCT
faba-266	136	3	pmg	pmg	PROPN
faba-266	136	4	is	be	AUX
faba-266	136	5	the	the	DET
faba-266	136	6	preferred	preferred	ADJ
faba-266	136	7	model	model	NOUN
faba-266	136	8	for	for	ADP
faba-266	136	9	analyzing	analyze	VERB
faba-266	136	10	the	the	DET
faba-266	136	11	relationship	relationship	NOUN
faba-266	136	12	between	between	ADP
faba-266	136	13	financial	financial	ADJ
faba-266	136	14	development	development	NOUN
faba-266	136	15	and	and	CCONJ
faba-266	136	16	economic	economic	ADJ
faba-266	136	17	growth	growth	NOUN
faba-266	136	18	.	.	PUNCT
faba-266	137	1	interpretation	interpretation	NOUN
faba-266	137	2	of	of	ADP
faba-266	137	3	pmg	pmg	PROPN
faba-266	137	4	estimation	estimation	PROPN
faba-266	137	5	results	result	VERB
faba-266	137	6	the	the	DET
faba-266	137	7	pooled	pooled	ADJ
faba-266	137	8	mean	mean	NOUN
faba-266	137	9	group	group	NOUN
faba-266	137	10	(	(	PUNCT
faba-266	137	11	pmg	pmg	PROPN
faba-266	137	12	)	)	PUNCT
faba-266	137	13	estimation	estimation	NOUN
faba-266	137	14	reveals	reveal	VERB
faba-266	137	15	distinct	distinct	ADJ
faba-266	137	16	patterns	pattern	NOUN
faba-266	137	17	in	in	ADP
faba-266	137	18	both	both	DET
faba-266	137	19	long	long	ADV
faba-266	137	20	-	-	PUNCT
faba-266	137	21	run	run	VERB
faba-266	137	22	and	and	CCONJ
faba-266	137	23	short	short	ADJ
faba-266	137	24	-	-	PUNCT
faba-266	137	25	run	run	NOUN
faba-266	137	26	dynamics	dynamic	NOUN
faba-266	137	27	,	,	PUNCT
faba-266	137	28	as	as	SCONJ
faba-266	137	29	presented	present	VERB
faba-266	137	30	below	below	ADV
faba-266	137	31	:	:	PUNCT
faba-266	137	32	long	long	ADJ
faba-266	137	33	-	-	PUNCT
faba-266	137	34	run	run	NOUN
faba-266	137	35	relationships	relationship	NOUN
faba-266	137	36	the	the	DET
faba-266	137	37	results	result	NOUN
faba-266	137	38	indicate	indicate	VERB
faba-266	137	39	that	that	SCONJ
faba-266	137	40	the	the	DET
faba-266	137	41	financial	financial	ADJ
faba-266	137	42	institutions	institution	NOUN
faba-266	137	43	access	access	NOUN
faba-266	137	44	(	(	PUNCT
faba-266	137	45	fda	fda	PROPN
faba-266	137	46	)	)	PUNCT
faba-266	137	47	has	have	VERB
faba-266	137	48	a	a	DET
faba-266	137	49	highly	highly	ADV
faba-266	137	50	significant	significant	ADJ
faba-266	137	51	positive	positive	ADJ
faba-266	137	52	effect	effect	NOUN
faba-266	137	53	on	on	ADP
faba-266	137	54	gdp	gdp	NOUN
faba-266	137	55	,	,	PUNCT
faba-266	137	56	with	with	ADP
faba-266	137	57	(	(	PUNCT
faba-266	137	58	β	β	X
faba-266	137	59	=	=	SYM
faba-266	137	60	190.76	190.76	NUM
faba-266	137	61	,	,	PUNCT
faba-266	137	62	p	p	X
faba-266	137	63	<	<	X
faba-266	137	64	0.001	0.001	NUM
faba-266	137	65	)	)	PUNCT
faba-266	137	66	,	,	PUNCT
faba-266	137	67	suggesting	suggest	VERB
faba-266	137	68	that	that	SCONJ
faba-266	137	69	enhanced	enhance	VERB
faba-266	137	70	accessibility	accessibility	NOUN
faba-266	137	71	to	to	ADP
faba-266	137	72	financial	financial	ADJ
faba-266	137	73	institutions	institution	NOUN
faba-266	137	74	plays	play	VERB
faba-266	137	75	a	a	DET
faba-266	137	76	crucial	crucial	ADJ
faba-266	137	77	role	role	NOUN
faba-266	137	78	in	in	ADP
faba-266	137	79	stimulating	stimulate	VERB
faba-266	137	80	long	long	ADJ
faba-266	137	81	-	-	PUNCT
faba-266	137	82	term	term	NOUN
faba-266	137	83	economic	economic	ADJ
faba-266	137	84	growth	growth	NOUN
faba-266	137	85	.	.	PUNCT
faba-266	138	1	this	this	DET
faba-266	138	2	finding	finding	NOUN
faba-266	138	3	is	be	AUX
faba-266	138	4	consistent	consistent	ADJ
faba-266	138	5	with	with	ADP
faba-266	138	6	previous	previous	ADJ
faba-266	138	7	studies	study	NOUN
faba-266	138	8	such	such	ADJ
faba-266	138	9	as	as	ADP
faba-266	138	10	bist	bist	NOUN
faba-266	138	11	and	and	CCONJ
faba-266	138	12	read	read	NOUN
faba-266	138	13	(	(	PUNCT
faba-266	138	14	2018	2018	NUM
faba-266	138	15	)	)	PUNCT
faba-266	138	16	and	and	CCONJ
faba-266	138	17	asante	asante	PROPN
faba-266	138	18	et	et	PROPN
faba-266	138	19	al	al	PROPN
faba-266	138	20	.	.	PROPN
faba-266	139	1	(	(	PUNCT
faba-266	139	2	2023	2023	NUM
faba-266	139	3	)	)	PUNCT
faba-266	139	4	,	,	PUNCT
faba-266	139	5	which	which	PRON
faba-266	139	6	emphasize	emphasize	VERB
faba-266	139	7	the	the	DET
faba-266	139	8	positive	positive	ADJ
faba-266	139	9	relationship	relationship	NOUN
faba-266	139	10	between	between	ADP
faba-266	139	11	financial	financial	ADJ
faba-266	139	12	development	development	NOUN
faba-266	139	13	and	and	CCONJ
faba-266	139	14	growth	growth	NOUN
faba-266	139	15	,	,	PUNCT
faba-266	139	16	particularly	particularly	ADV
faba-266	139	17	in	in	ADP
faba-266	139	18	low	low	ADJ
faba-266	139	19	-	-	PUNCT
faba-266	139	20	income	income	NOUN
faba-266	139	21	african	african	ADJ
faba-266	139	22	countries	country	NOUN
faba-266	139	23	with	with	ADP
faba-266	139	24	strong	strong	ADJ
faba-266	139	25	institutional	institutional	ADJ
faba-266	139	26	frameworks	framework	NOUN
faba-266	139	27	.	.	PUNCT
faba-266	140	1	financial	financial	ADJ
faba-266	140	2	institutions	institution	NOUN
faba-266	140	3	depth	depth	NOUN
faba-266	140	4	(	(	PUNCT
faba-266	140	5	fdd	fdd	PROPN
faba-266	140	6	)	)	PUNCT
faba-266	140	7	shows	show	VERB
faba-266	140	8	significant	significant	ADJ
faba-266	140	9	positive	positive	ADJ
faba-266	140	10	elasticity	elasticity	NOUN
faba-266	140	11	(	(	PUNCT
faba-266	140	12	β	β	X
faba-266	140	13	=	=	SYM
faba-266	140	14	159.27	159.27	NUM
faba-266	140	15	,	,	PUNCT
faba-266	140	16	p	p	X
faba-266	140	17	<	<	X
faba-266	140	18	0.001	0.001	NUM
faba-266	140	19	)	)	PUNCT
faba-266	140	20	,	,	PUNCT
faba-266	140	21	confirming	confirm	VERB
faba-266	140	22	that	that	SCONJ
faba-266	140	23	financial	financial	ADJ
faba-266	140	24	intermediation	intermediation	NOUN
faba-266	140	25	intensity	intensity	NOUN
faba-266	140	26	(	(	PUNCT
faba-266	140	27	private	private	ADJ
faba-266	140	28	credit	credit	NOUN
faba-266	140	29	/	/	SYM
faba-266	140	30	gdp	gdp	NOUN
faba-266	140	31	ratio	ratio	NOUN
faba-266	140	32	)	)	PUNCT
faba-266	140	33	sustains	sustain	VERB
faba-266	140	34	growth	growth	NOUN
faba-266	140	35	.	.	PUNCT
faba-266	141	1	this	this	PRON
faba-266	141	2	aligns	align	VERB
faba-266	141	3	with	with	ADP
faba-266	141	4	valickova	valickova	PROPN
faba-266	141	5	et	et	PROPN
faba-266	141	6	al	al	PROPN
faba-266	141	7	.	.	PROPN
faba-266	142	1	(	(	PUNCT
faba-266	142	2	2014	2014	NUM
faba-266	142	3	)	)	PUNCT
faba-266	142	4	's	's	PART
faba-266	143	1	meta	meta	ADJ
faba-266	143	2	-	-	PUNCT
faba-266	143	3	analysis	analysis	NOUN
faba-266	143	4	and	and	CCONJ
faba-266	143	5	aluko	aluko	PROPN
faba-266	143	6	and	and	CCONJ
faba-266	143	7	ibrahim	ibrahim	PROPN
faba-266	143	8	(	(	PUNCT
faba-266	143	9	2020	2020	NUM
faba-266	143	10	)	)	PUNCT
faba-266	143	11	's	's	PART
faba-266	143	12	african	african	ADJ
faba-266	143	13	study	study	NOUN
faba-266	143	14	,	,	PUNCT
faba-266	143	15	where	where	SCONJ
faba-266	143	16	deeper	deep	ADJ
faba-266	143	17	systems	system	NOUN
faba-266	143	18	:	:	PUNCT
faba-266	143	19	enhance	enhance	VERB
faba-266	143	20	capital	capital	NOUN
faba-266	143	21	accumulation	accumulation	NOUN
faba-266	143	22	;	;	PUNCT
faba-266	143	23	improve	improve	VERB
faba-266	143	24	risk	risk	NOUN
faba-266	143	25	diversification	diversification	NOUN
faba-266	143	26	;	;	PUNCT
faba-266	143	27	foster	foster	ADJ
faba-266	143	28	technological	technological	ADJ
faba-266	143	29	adoption	adoption	NOUN
faba-266	143	30	.	.	PUNCT
faba-266	144	1	contrary	contrary	ADJ
faba-266	144	2	to	to	ADP
faba-266	144	3	expectations	expectation	NOUN
faba-266	144	4	,	,	PUNCT
faba-266	144	5	financial	financial	ADJ
faba-266	144	6	institutions	institution	NOUN
faba-266	144	7	efficiency	efficiency	NOUN
faba-266	144	8	(	(	PUNCT
faba-266	144	9	fde	fde	PROPN
faba-266	144	10	)	)	PUNCT
faba-266	144	11	exhibits	exhibit	VERB
faba-266	144	12	a	a	DET
faba-266	144	13	significant	significant	ADJ
faba-266	144	14	negative	negative	ADJ
faba-266	144	15	coefficient	coefficient	NOUN
faba-266	144	16	(	(	PUNCT
faba-266	144	17	β	β	X
faba-266	144	18	=	=	SYM
faba-266	144	19	-10.76	-10.76	PROPN
faba-266	144	20	,	,	PUNCT
faba-266	144	21	p	p	X
faba-266	144	22	<	<	X
faba-266	144	23	0.001	0.001	NUM
faba-266	144	24	)	)	PUNCT
faba-266	144	25	,	,	PUNCT
faba-266	144	26	indicating	indicate	VERB
faba-266	144	27	that	that	SCONJ
faba-266	144	28	improvements	improvement	NOUN
faba-266	144	29	in	in	ADP
faba-266	144	30	financial	financial	ADJ
faba-266	144	31	efficiency	efficiency	NOUN
faba-266	144	32	may	may	AUX
faba-266	144	33	have	have	VERB
faba-266	144	34	a	a	DET
faba-266	144	35	detrimental	detrimental	ADJ
faba-266	144	36	effect	effect	NOUN
faba-266	144	37	on	on	ADP
faba-266	144	38	long	long	ADJ
faba-266	144	39	-	-	PUNCT
faba-266	144	40	term	term	NOUN
faba-266	144	41	economic	economic	ADJ
faba-266	144	42	growth	growth	NOUN
faba-266	144	43	.	.	PUNCT
faba-266	145	1	this	this	DET
faba-266	145	2	result	result	NOUN
faba-266	145	3	suggests	suggest	VERB
faba-266	145	4	that	that	SCONJ
faba-266	145	5	inefficiencies	inefficiency	NOUN
faba-266	145	6	within	within	ADP
faba-266	145	7	financial	financial	ADJ
faba-266	145	8	institutions	institution	NOUN
faba-266	145	9	can	can	AUX
faba-266	145	10	hinder	hinder	VERB
faba-266	145	11	economic	economic	ADJ
faba-266	145	12	performance	performance	NOUN
faba-266	145	13	,	,	PUNCT
faba-266	145	14	aligning	align	VERB
faba-266	145	15	with	with	ADP
faba-266	145	16	the	the	DET
faba-266	145	17	"	"	PUNCT
faba-266	145	18	too	too	ADV
faba-266	145	19	much	much	ADJ
faba-266	145	20	finance	finance	NOUN
faba-266	145	21	"	"	PUNCT
faba-266	145	22	hypothesis	hypothesis	NOUN
faba-266	145	23	proposed	propose	VERB
faba-266	145	24	by	by	ADP
faba-266	145	25	ibrahim	ibrahim	PROPN
faba-266	145	26	and	and	CCONJ
faba-266	145	27	alagidede	alagidede	VERB
faba-266	145	28	(	(	PUNCT
faba-266	145	29	2018	2018	NUM
faba-266	145	30	)	)	PUNCT
faba-266	145	31	and	and	CCONJ
faba-266	145	32	supported	support	VERB
faba-266	145	33	by	by	ADP
faba-266	145	34	the	the	DET
faba-266	145	35	findings	finding	NOUN
faba-266	145	36	of	of	ADP
faba-266	145	37	an	an	DET
faba-266	145	38	et	et	NOUN
faba-266	145	39	al	al	PROPN
faba-266	145	40	.	.	PROPN
faba-266	146	1	(	(	PUNCT
faba-266	146	2	2021	2021	NUM
faba-266	146	3	)	)	PUNCT
faba-266	146	4	,	,	PUNCT
faba-266	146	5	which	which	PRON
faba-266	146	6	emphasize	emphasize	VERB
faba-266	146	7	the	the	DET
faba-266	146	8	adverse	adverse	ADJ
faba-266	146	9	effects	effect	NOUN
faba-266	146	10	of	of	ADP
faba-266	146	11	inefficient	inefficient	ADJ
faba-266	146	12	financial	financial	ADJ
faba-266	146	13	systems	system	NOUN
faba-266	146	14	in	in	ADP
faba-266	146	15	low	low	ADJ
faba-266	146	16	and	and	CCONJ
faba-266	146	17	middle	middle	ADJ
faba-266	146	18	-	-	PUNCT
faba-266	146	19	income	income	NOUN
faba-266	146	20	economies	economy	NOUN
faba-266	146	21	.	.	PUNCT
faba-266	147	1	the	the	DET
faba-266	147	2	negative	negative	ADJ
faba-266	147	3	relationship	relationship	NOUN
faba-266	147	4	may	may	AUX
faba-266	147	5	be	be	AUX
faba-266	147	6	attributed	attribute	VERB
faba-266	147	7	to	to	ADP
faba-266	147	8	the	the	DET
faba-266	147	9	structural	structural	ADJ
faba-266	147	10	and	and	CCONJ
faba-266	147	11	transitional	transitional	ADJ
faba-266	147	12	costs	cost	NOUN
faba-266	147	13	that	that	PRON
faba-266	147	14	financial	financial	ADJ
faba-266	147	15	institutions	institution	NOUN
faba-266	147	16	face	face	VERB
faba-266	147	17	during	during	ADP
faba-266	147	18	the	the	DET
faba-266	147	19	adjustment	adjustment	NOUN
faba-266	147	20	process	process	NOUN
faba-266	147	21	,	,	PUNCT
faba-266	147	22	as	as	SCONJ
faba-266	147	23	efforts	effort	NOUN
faba-266	147	24	to	to	PART
faba-266	147	25	enhance	enhance	VERB
faba-266	147	26	efficiency	efficiency	NOUN
faba-266	147	27	can	can	AUX
faba-266	147	28	incur	incur	VERB
faba-266	147	29	substantial	substantial	ADJ
faba-266	147	30	short	short	ADJ
faba-266	147	31	-	-	PUNCT
faba-266	147	32	term	term	NOUN
faba-266	147	33	costs	cost	NOUN
faba-266	147	34	.	.	PUNCT
faba-266	148	1	these	these	DET
faba-266	148	2	adjustments	adjustment	NOUN
faba-266	148	3	may	may	AUX
faba-266	148	4	not	not	PART
faba-266	148	5	yield	yield	VERB
faba-266	148	6	immediate	immediate	ADJ
faba-266	148	7	long	long	ADJ
faba-266	148	8	-	-	PUNCT
faba-266	148	9	term	term	NOUN
faba-266	148	10	economic	economic	ADJ
faba-266	148	11	benefits	benefit	NOUN
faba-266	148	12	unless	unless	SCONJ
faba-266	148	13	the	the	DET
faba-266	148	14	expected	expect	VERB
faba-266	148	15	gains	gain	NOUN
faba-266	148	16	materialize	materialize	VERB
faba-266	148	17	over	over	ADP
faba-266	148	18	a	a	DET
faba-266	148	19	longer	long	ADJ
faba-266	148	20	time	time	NOUN
faba-266	148	21	horizon	horizon	NOUN
faba-266	148	22	than	than	ADP
faba-266	148	23	that	that	PRON
faba-266	148	24	considered	consider	VERB
faba-266	148	25	in	in	ADP
faba-266	148	26	the	the	DET
faba-266	148	27	present	present	ADJ
faba-266	148	28	study	study	NOUN
faba-266	148	29	.	.	PUNCT
faba-266	149	1	short	short	ADJ
faba-266	149	2	-	-	PUNCT
faba-266	149	3	run	run	NOUN
faba-266	149	4	results	result	NOUN
faba-266	149	5	the	the	DET
faba-266	149	6	estimated	estimate	VERB
faba-266	149	7	error	error	NOUN
faba-266	149	8	correction	correction	NOUN
faba-266	149	9	term	term	NOUN
faba-266	149	10	(	(	PUNCT
faba-266	149	11	ect	ect	X
faba-266	149	12	)	)	PUNCT
faba-266	149	13	shows	show	VERB
faba-266	149	14	a	a	DET
faba-266	149	15	coefficient	coefficient	NOUN
faba-266	149	16	of	of	ADP
faba-266	149	17	-0.014	-0.014	NOUN
faba-266	149	18	(	(	PUNCT
faba-266	149	19	p	p	NOUN
faba-266	149	20	=	=	NOUN
faba-266	149	21	0.171	0.171	NUM
faba-266	149	22	)	)	PUNCT
faba-266	149	23	,	,	PUNCT
faba-266	149	24	indicating	indicate	VERB
faba-266	149	25	it	it	PRON
faba-266	149	26	is	be	AUX
faba-266	149	27	not	not	PART
faba-266	149	28	statistically	statistically	ADV
faba-266	149	29	significant	significant	ADJ
faba-266	149	30	,	,	PUNCT
faba-266	149	31	suggesting	suggest	VERB
faba-266	149	32	that	that	SCONJ
faba-266	149	33	in	in	ADP
faba-266	149	34	the	the	DET
faba-266	149	35	short	short	ADJ
faba-266	149	36	run	run	NOUN
faba-266	149	37	,	,	PUNCT
faba-266	149	38	the	the	DET
faba-266	149	39	economy	economy	NOUN
faba-266	149	40	may	may	AUX
faba-266	149	41	not	not	PART
faba-266	149	42	adjust	adjust	VERB
faba-266	149	43	immediately	immediately	ADV
faba-266	149	44	to	to	ADP
faba-266	149	45	the	the	DET
faba-266	149	46	long	long	ADJ
faba-266	149	47	-	-	PUNCT
faba-266	149	48	term	term	NOUN
faba-266	149	49	equilibrium	equilibrium	NOUN
faba-266	149	50	following	follow	VERB
faba-266	149	51	a	a	DET
faba-266	149	52	shock	shock	NOUN
faba-266	149	53	to	to	ADP
faba-266	149	54	financial	financial	ADJ
faba-266	149	55	development	development	NOUN
faba-266	149	56	.	.	PUNCT
faba-266	150	1	this	this	PRON
faba-266	150	2	aligns	align	VERB
faba-266	150	3	with	with	ADP
faba-266	150	4	the	the	DET
faba-266	150	5	dynamic	dynamic	ADJ
faba-266	150	6	nature	nature	NOUN
faba-266	150	7	of	of	ADP
faba-266	150	8	the	the	DET
faba-266	150	9	relationship	relationship	NOUN
faba-266	150	10	between	between	ADP
faba-266	150	11	financial	financial	ADJ
faba-266	150	12	development	development	NOUN
faba-266	150	13	and	and	CCONJ
faba-266	150	14	economic	economic	ADJ
faba-266	150	15	growth	growth	NOUN
faba-266	150	16	observed	observe	VERB
faba-266	150	17	in	in	ADP
faba-266	150	18	various	various	ADJ
faba-266	150	19	studies	study	NOUN
faba-266	150	20	.	.	PUNCT
faba-266	151	1	in	in	ADP
faba-266	151	2	contrast	contrast	NOUN
faba-266	151	3	,	,	PUNCT
faba-266	151	4	the	the	DET
faba-266	151	5	financial	financial	ADJ
faba-266	151	6	institutions	institution	NOUN
faba-266	151	7	access	access	NOUN
faba-266	151	8	(	(	PUNCT
faba-266	151	9	fda	fda	PROPN
faba-266	151	10	)	)	PUNCT
faba-266	151	11	shows	show	VERB
faba-266	151	12	a	a	DET
faba-266	151	13	statistically	statistically	ADV
faba-266	151	14	significant	significant	ADJ
faba-266	151	15	positive	positive	ADJ
faba-266	151	16	shortrun	shortrun	NOUN
faba-266	151	17	effect	effect	NOUN
faba-266	151	18	on	on	ADP
faba-266	151	19	gdp	gdp	PROPN
faba-266	151	20	,	,	PUNCT
faba-266	151	21	with	with	ADP
faba-266	151	22	a	a	DET
faba-266	151	23	coefficient	coefficient	NOUN
faba-266	151	24	of	of	ADP
faba-266	151	25	87.14563	87.14563	NUM
faba-266	151	26	and	and	CCONJ
faba-266	151	27	a	a	DET
faba-266	151	28	p	p	NOUN
faba-266	151	29	-	-	PUNCT
faba-266	151	30	value	value	NOUN
faba-266	151	31	of	of	ADP
faba-266	151	32	0.009	0.009	NUM
faba-266	151	33	,	,	PUNCT
faba-266	151	34	indicating	indicate	VERB
faba-266	151	35	that	that	SCONJ
faba-266	151	36	improvements	improvement	NOUN
faba-266	151	37	in	in	ADP
faba-266	151	38	financial	financial	ADJ
faba-266	151	39	accessibility	accessibility	NOUN
faba-266	151	40	have	have	VERB
faba-266	151	41	an	an	DET
faba-266	151	42	immediate	immediate	ADJ
faba-266	151	43	positive	positive	ADJ
faba-266	151	44	impact	impact	NOUN
faba-266	151	45	on	on	ADP
faba-266	151	46	economic	economic	ADJ
faba-266	151	47	growth	growth	NOUN
faba-266	151	48	,	,	PUNCT
faba-266	151	49	in	in	ADP
faba-266	151	50	line	line	NOUN
faba-266	151	51	with	with	ADP
faba-266	151	52	findings	finding	NOUN
faba-266	151	53	by	by	ADP
faba-266	151	54	fengju	fengju	NOUN
faba-266	151	55	and	and	CCONJ
faba-266	151	56	wubishet	wubishet	NOUN
faba-266	151	57	(	(	PUNCT
faba-266	151	58	2024	2024	NUM
faba-266	151	59	)	)	PUNCT
faba-266	151	60	on	on	ADP
faba-266	151	61	the	the	DET
faba-266	151	62	role	role	NOUN
faba-266	151	63	of	of	ADP
faba-266	151	64	financial	financial	ADJ
faba-266	151	65	accessibility	accessibility	NOUN
faba-266	151	66	in	in	ADP
faba-266	151	67	east	east	PROPN
faba-266	151	68	africa	africa	PROPN
faba-266	151	69	.	.	PUNCT
faba-266	152	1	however	however	ADV
faba-266	152	2	,	,	PUNCT
faba-266	152	3	the	the	DET
faba-266	152	4	financial	financial	ADJ
faba-266	152	5	institutions	institution	NOUN
faba-266	152	6	depth	depth	NOUN
faba-266	152	7	(	(	PUNCT
faba-266	152	8	fdd	fdd	PROPN
faba-266	152	9	)	)	PUNCT
faba-266	152	10	presents	present	VERB
faba-266	152	11	a	a	DET
faba-266	152	12	significant	significant	ADJ
faba-266	152	13	negative	negative	ADJ
faba-266	152	14	short	short	ADJ
faba-266	152	15	-	-	PUNCT
faba-266	152	16	run	run	NOUN
faba-266	152	17	effect	effect	NOUN
faba-266	152	18	on	on	ADP
faba-266	152	19	gdp	gdp	NOUN
faba-266	152	20	,	,	PUNCT
faba-266	152	21	with	with	ADP
faba-266	152	22	a	a	DET
faba-266	152	23	coefficient	coefficient	NOUN
faba-266	152	24	of	of	ADP
faba-266	152	25	-79.36094	-79.36094	PUNCT
faba-266	152	26	and	and	CCONJ
faba-266	152	27	a	a	DET
faba-266	152	28	p	p	NOUN
faba-266	152	29	-	-	PUNCT
faba-266	152	30	value	value	NOUN
faba-266	152	31	of	of	ADP
faba-266	152	32	0.040	0.040	NUM
faba-266	152	33	,	,	PUNCT
faba-266	152	34	suggesting	suggest	VERB
faba-266	152	35	that	that	SCONJ
faba-266	152	36	deeper	deep	ADJ
faba-266	152	37	financial	financial	ADJ
faba-266	152	38	systems	system	NOUN
faba-266	152	39	may	may	AUX
faba-266	152	40	have	have	VERB
faba-266	152	41	a	a	DET
faba-266	152	42	detrimental	detrimental	ADJ
faba-266	152	43	effect	effect	NOUN
faba-266	152	44	on	on	ADP
faba-266	152	45	growth	growth	NOUN
faba-266	152	46	in	in	ADP
faba-266	152	47	the	the	DET
faba-266	152	48	short	short	ADJ
faba-266	152	49	run	run	NOUN
faba-266	152	50	.	.	PUNCT
faba-266	153	1	this	this	PRON
faba-266	153	2	contrasts	contrast	VERB
faba-266	153	3	with	with	ADP
faba-266	153	4	the	the	DET
faba-266	153	5	long	long	ADJ
faba-266	153	6	-	-	PUNCT
faba-266	153	7	term	term	NOUN
faba-266	153	8	result	result	NOUN
faba-266	153	9	and	and	CCONJ
faba-266	153	10	may	may	AUX
faba-266	153	11	reflect	reflect	VERB
faba-266	153	12	short	short	ADJ
faba-266	153	13	-	-	PUNCT
faba-266	153	14	term	term	NOUN
faba-266	153	15	adjustment	adjustment	NOUN
faba-266	153	16	costs	cost	NOUN
faba-266	153	17	or	or	CCONJ
faba-266	153	18	inefficiencies	inefficiency	NOUN
faba-266	153	19	in	in	ADP
faba-266	153	20	a	a	DET
faba-266	153	21	developing	develop	VERB
faba-266	153	22	financial	financial	ADJ
faba-266	153	23	system	system	NOUN
faba-266	153	24	,	,	PUNCT
faba-266	153	25	as	as	SCONJ
faba-266	153	26	noted	note	VERB
faba-266	153	27	by	by	ADP
faba-266	153	28	akinlo	akinlo	NOUN
faba-266	153	29	and	and	CCONJ
faba-266	153	30	egbetunde	egbetunde	NOUN
faba-266	153	31	(	(	PUNCT
faba-266	153	32	2010	2010	NUM
faba-266	153	33	)	)	PUNCT
faba-266	153	34	.	.	PUNCT
faba-266	154	1	finally	finally	ADV
faba-266	154	2	,	,	PUNCT
faba-266	154	3	the	the	DET
faba-266	154	4	financial	financial	ADJ
faba-266	154	5	institutions	institution	NOUN
faba-266	154	6	efficiency	efficiency	NOUN
faba-266	154	7	(	(	PUNCT
faba-266	154	8	fde	fde	NOUN
faba-266	154	9	)	)	PUNCT
faba-266	154	10	shows	show	VERB
faba-266	154	11	no	no	DET
faba-266	154	12	significant	significant	ADJ
faba-266	154	13	short	short	ADJ
faba-266	154	14	-	-	PUNCT
faba-266	154	15	run	run	NOUN
faba-266	154	16	effect	effect	NOUN
faba-266	154	17	on	on	ADP
faba-266	154	18	gdp	gdp	NOUN
faba-266	154	19	,	,	PUNCT
faba-266	154	20	with	with	ADP
faba-266	154	21	a	a	DET
faba-266	154	22	coefficient	coefficient	NOUN
faba-266	154	23	of	of	ADP
faba-266	154	24	2.578938	2.578938	NUM
faba-266	154	25	and	and	CCONJ
faba-266	154	26	a	a	DET
faba-266	154	27	p	p	NOUN
faba-266	154	28	-	-	PUNCT
faba-266	154	29	value	value	NOUN
faba-266	154	30	of	of	ADP
faba-266	154	31	0.289	0.289	NUM
faba-266	154	32	,	,	PUNCT
faba-266	154	33	supporting	support	VERB
faba-266	154	34	the	the	DET
faba-266	154	35	notion	notion	NOUN
faba-266	154	36	that	that	SCONJ
faba-266	154	37	financial	financial	ADJ
faba-266	154	38	efficiency	efficiency	NOUN
faba-266	154	39	may	may	AUX
faba-266	154	40	b.i.z	b.i.z	NOUN
faba-266	154	41	..	..	PROPN
faba-266	154	42	mennad	mennad	PROPN
faba-266	154	43	,	,	PUNCT
faba-266	154	44	a.	a.	NOUN
faba-266	154	45	meskini	meskini	NOUN
faba-266	154	46	,	,	PUNCT
faba-266	154	47	a.	a.	NOUN
faba-266	154	48	benhaddou	benhaddou	NOUN
faba-266	154	49	/	/	SYM
faba-266	154	50	finance	finance	NOUN
faba-266	154	51	,	,	PUNCT
faba-266	154	52	accounting	accounting	NOUN
faba-266	154	53	and	and	CCONJ
faba-266	154	54	business	business	NOUN
faba-266	154	55	analysis	analysis	NOUN
faba-266	154	56	,	,	PUNCT
faba-266	154	57	volume	volume	NOUN
faba-266	154	58	7	7	NUM
faba-266	154	59	,	,	PUNCT
faba-266	154	60	issue	issue	NOUN
faba-266	154	61	1	1	NUM
faba-266	154	62	,	,	PUNCT
faba-266	154	63	2025	2025	NUM
faba-266	154	64	106	106	NUM
faba-266	154	65	take	take	VERB
faba-266	154	66	time	time	NOUN
faba-266	154	67	to	to	PART
faba-266	154	68	influence	influence	VERB
faba-266	154	69	growth	growth	NOUN
faba-266	154	70	,	,	PUNCT
faba-266	154	71	consistent	consistent	ADJ
faba-266	154	72	with	with	ADP
faba-266	154	73	ibrahim	ibrahim	PROPN
faba-266	154	74	and	and	CCONJ
faba-266	154	75	alagidede	alagidede	VERB
faba-266	154	76	(	(	PUNCT
faba-266	154	77	2018	2018	NUM
faba-266	154	78	)	)	PUNCT
faba-266	154	79	findings	finding	NOUN
faba-266	154	80	on	on	ADP
faba-266	154	81	the	the	DET
faba-266	154	82	delayed	delay	VERB
faba-266	154	83	impact	impact	NOUN
faba-266	154	84	of	of	ADP
faba-266	154	85	financial	financial	ADJ
faba-266	154	86	efficiency	efficiency	NOUN
faba-266	154	87	.	.	PUNCT
faba-266	155	1	comparison	comparison	NOUN
faba-266	155	2	of	of	ADP
faba-266	155	3	the	the	DET
faba-266	155	4	study	study	NOUN
faba-266	155	5	results	result	VERB
faba-266	155	6	with	with	ADP
faba-266	155	7	key	key	ADJ
faba-266	155	8	previous	previous	ADJ
faba-266	155	9	studies	study	NOUN
faba-266	155	10	the	the	DET
faba-266	155	11	results	result	NOUN
faba-266	155	12	of	of	ADP
faba-266	155	13	the	the	DET
faba-266	155	14	study	study	NOUN
faba-266	155	15	align	align	VERB
faba-266	155	16	with	with	ADP
faba-266	155	17	previous	previous	ADJ
faba-266	155	18	research	research	NOUN
faba-266	155	19	on	on	ADP
faba-266	155	20	the	the	DET
faba-266	155	21	link	link	NOUN
faba-266	155	22	between	between	ADP
faba-266	155	23	financial	financial	ADJ
faba-266	155	24	development	development	NOUN
faba-266	155	25	and	and	CCONJ
faba-266	155	26	economic	economic	ADJ
faba-266	155	27	growth	growth	NOUN
faba-266	155	28	,	,	PUNCT
faba-266	155	29	focusing	focus	VERB
faba-266	155	30	on	on	ADP
faba-266	155	31	the	the	DET
faba-266	155	32	role	role	NOUN
faba-266	155	33	of	of	ADP
faba-266	155	34	financial	financial	ADJ
faba-266	155	35	institutions	institution	NOUN
faba-266	155	36	.	.	PUNCT
faba-266	156	1	the	the	DET
faba-266	156	2	positive	positive	ADJ
faba-266	156	3	long	long	ADJ
faba-266	156	4	-	-	PUNCT
faba-266	156	5	term	term	NOUN
faba-266	156	6	effects	effect	NOUN
faba-266	156	7	of	of	ADP
faba-266	156	8	financial	financial	ADJ
faba-266	156	9	access	access	NOUN
faba-266	156	10	and	and	CCONJ
faba-266	156	11	depth	depth	NOUN
faba-266	156	12	on	on	ADP
faba-266	156	13	growth	growth	NOUN
faba-266	156	14	are	be	AUX
faba-266	156	15	consistent	consistent	ADJ
faba-266	156	16	with	with	ADP
faba-266	156	17	studies	study	NOUN
faba-266	156	18	by	by	ADP
faba-266	156	19	bist	bist	NOUN
faba-266	156	20	and	and	CCONJ
faba-266	156	21	read	read	NOUN
faba-266	156	22	(	(	PUNCT
faba-266	156	23	2018	2018	NUM
faba-266	156	24	)	)	PUNCT
faba-266	156	25	and	and	CCONJ
faba-266	156	26	asante	asante	PROPN
faba-266	156	27	et	et	PROPN
faba-266	156	28	al	al	PROPN
faba-266	156	29	.	.	PROPN
faba-266	157	1	(	(	PUNCT
faba-266	157	2	2023	2023	NUM
faba-266	157	3	)	)	PUNCT
faba-266	157	4	,	,	PUNCT
faba-266	157	5	highlighting	highlight	VERB
faba-266	157	6	the	the	DET
faba-266	157	7	importance	importance	NOUN
faba-266	157	8	of	of	ADP
faba-266	157	9	improving	improve	VERB
faba-266	157	10	financial	financial	ADJ
faba-266	157	11	access	access	NOUN
faba-266	157	12	.	.	PUNCT
faba-266	158	1	however	however	ADV
faba-266	158	2	,	,	PUNCT
faba-266	158	3	the	the	DET
faba-266	158	4	negative	negative	ADJ
faba-266	158	5	impact	impact	NOUN
faba-266	158	6	of	of	ADP
faba-266	158	7	financial	financial	ADJ
faba-266	158	8	efficiency	efficiency	NOUN
faba-266	158	9	on	on	ADP
faba-266	158	10	growth	growth	NOUN
faba-266	158	11	supports	support	VERB
faba-266	158	12	the	the	DET
faba-266	158	13	"	"	PUNCT
faba-266	158	14	too	too	ADV
faba-266	158	15	much	much	ADJ
faba-266	158	16	finance	finance	NOUN
faba-266	158	17	"	"	PUNCT
faba-266	158	18	hypothesis	hypothesis	NOUN
faba-266	158	19	by	by	ADP
faba-266	158	20	bijlsma	bijlsma	PROPN
faba-266	158	21	et	et	PROPN
faba-266	158	22	al	al	PROPN
faba-266	158	23	.	.	PROPN
faba-266	159	1	(	(	PUNCT
faba-266	159	2	2018	2018	NUM
faba-266	159	3	)	)	PUNCT
faba-266	159	4	and	and	CCONJ
faba-266	159	5	ibrahim	ibrahim	PROPN
faba-266	159	6	and	and	CCONJ
faba-266	159	7	alagidede	alagidede	VERB
faba-266	159	8	(	(	PUNCT
faba-266	159	9	2018	2018	NUM
faba-266	159	10	)	)	PUNCT
faba-266	159	11	,	,	PUNCT
faba-266	159	12	suggesting	suggest	VERB
faba-266	159	13	excessive	excessive	ADJ
faba-266	159	14	financial	financial	ADJ
faba-266	159	15	development	development	NOUN
faba-266	159	16	may	may	AUX
faba-266	159	17	hinder	hinder	VERB
faba-266	159	18	growth	growth	NOUN
faba-266	159	19	.	.	PUNCT
faba-266	160	1	the	the	DET
faba-266	160	2	study	study	NOUN
faba-266	160	3	also	also	ADV
faba-266	160	4	shows	show	VERB
faba-266	160	5	contrasting	contrast	VERB
faba-266	160	6	short	short	ADJ
faba-266	160	7	-	-	PUNCT
faba-266	160	8	term	term	NOUN
faba-266	160	9	effects	effect	NOUN
faba-266	160	10	,	,	PUNCT
faba-266	160	11	with	with	ADP
faba-266	160	12	financial	financial	ADJ
faba-266	160	13	access	access	NOUN
faba-266	160	14	positively	positively	ADV
faba-266	160	15	affecting	affect	VERB
faba-266	160	16	growth	growth	NOUN
faba-266	160	17	and	and	CCONJ
faba-266	160	18	financial	financial	ADJ
faba-266	160	19	depth	depth	NOUN
faba-266	160	20	negatively	negatively	ADV
faba-266	160	21	impacting	impact	VERB
faba-266	160	22	it	it	PRON
faba-266	160	23	.	.	PUNCT
faba-266	161	1	this	this	PRON
faba-266	161	2	indicates	indicate	VERB
faba-266	161	3	that	that	SCONJ
faba-266	161	4	the	the	DET
faba-266	161	5	impact	impact	NOUN
faba-266	161	6	of	of	ADP
faba-266	161	7	financial	financial	ADJ
faba-266	161	8	development	development	NOUN
faba-266	161	9	may	may	AUX
faba-266	161	10	vary	vary	VERB
faba-266	161	11	by	by	ADP
faba-266	161	12	region	region	NOUN
faba-266	161	13	and	and	CCONJ
faba-266	161	14	time	time	NOUN
faba-266	161	15	frame	frame	NOUN
faba-266	161	16	.	.	PUNCT
faba-266	162	1	overall	overall	ADV
faba-266	162	2	,	,	PUNCT
faba-266	162	3	the	the	DET
faba-266	162	4	study	study	NOUN
faba-266	162	5	emphasizes	emphasize	VERB
faba-266	162	6	the	the	DET
faba-266	162	7	need	need	NOUN
faba-266	162	8	for	for	ADP
faba-266	162	9	balanced	balanced	ADJ
faba-266	162	10	,	,	PUNCT
faba-266	162	11	context	context	NOUN
faba-266	162	12	-	-	PUNCT
faba-266	162	13	specific	specific	ADJ
faba-266	162	14	financial	financial	ADJ
faba-266	162	15	policies	policy	NOUN
faba-266	162	16	to	to	PART
faba-266	162	17	optimize	optimize	VERB
faba-266	162	18	the	the	DET
faba-266	162	19	benefits	benefit	NOUN
faba-266	162	20	of	of	ADP
faba-266	162	21	financial	financial	ADJ
faba-266	162	22	development	development	NOUN
faba-266	162	23	for	for	ADP
faba-266	162	24	economic	economic	ADJ
faba-266	162	25	growth	growth	NOUN
faba-266	162	26	.	.	PUNCT
faba-266	163	1	short	short	ADJ
faba-266	163	2	run	run	NOUN
faba-266	163	3	dynamics	dynamic	NOUN
faba-266	163	4	:	:	PUNCT
faba-266	163	5	country	country	NOUN
faba-266	163	6	specific	specific	ADJ
faba-266	163	7	pmg	pmg	PROPN
faba-266	163	8	estimations	estimation	NOUN
faba-266	163	9	table	table	NOUN
faba-266	163	10	6	6	NUM
faba-266	163	11	presents	present	NOUN
faba-266	163	12	the	the	DET
faba-266	163	13	pooled	pooled	ADJ
faba-266	163	14	mean	mean	NOUN
faba-266	163	15	group	group	NOUN
faba-266	163	16	(	(	PUNCT
faba-266	163	17	pmg	pmg	PROPN
faba-266	163	18	)	)	PUNCT
faba-266	163	19	estimation	estimation	NOUN
faba-266	163	20	results	result	NOUN
faba-266	163	21	for	for	ADP
faba-266	163	22	short	short	ADJ
faba-266	163	23	-	-	PUNCT
faba-266	163	24	run	run	VERB
faba-266	163	25	financial	financial	ADJ
faba-266	163	26	development	development	NOUN
faba-266	163	27	impacts	impact	NOUN
faba-266	163	28	across	across	ADP
faba-266	163	29	31	31	NUM
faba-266	163	30	african	african	ADJ
faba-266	163	31	economies	economy	NOUN
faba-266	163	32	,	,	PUNCT
faba-266	163	33	revealing	reveal	VERB
faba-266	163	34	substantial	substantial	ADJ
faba-266	163	35	cross	cross	ADJ
faba-266	163	36	-	-	ADJ
faba-266	163	37	country	country	ADJ
faba-266	163	38	variation	variation	NOUN
faba-266	163	39	in	in	ADP
faba-266	163	40	adjustment	adjustment	NOUN
faba-266	163	41	patterns	pattern	NOUN
faba-266	163	42	.	.	PUNCT
faba-266	164	1	table	table	NOUN
faba-266	164	2	6	6	NUM
faba-266	164	3	.	.	PUNCT
faba-266	165	1	results	result	NOUN
faba-266	165	2	of	of	ADP
faba-266	165	3	pmg	pmg	PROPN
faba-266	165	4	estimation	estimation	NOUN
faba-266	165	5	country	country	NOUN
faba-266	165	6	specific	specific	ADJ
faba-266	165	7	short	short	ADJ
faba-266	165	8	run	run	NOUN
faba-266	165	9	coefficients	coefficient	NOUN
faba-266	165	10	nation	nation	NOUN
faba-266	165	11	ect	ect	X
faba-266	165	12	d(fda	d(fda	PROPN
faba-266	165	13	)	)	PUNCT
faba-266	165	14	d(fdd	d(fdd	NOUN
faba-266	165	15	)	)	PUNCT
faba-266	165	16	d(fde	d(fde	PROPN
faba-266	165	17	)	)	PUNCT
faba-266	165	18	algeria	algeria	PROPN
faba-266	165	19	0.0123324	0.0123324	NUM
faba-266	165	20	132.2984	132.2984	NUM
faba-266	165	21	-155.5122	-155.5122	PROPN
faba-266	165	22	-4.84566	-4.84566	PROPN
faba-266	165	23	angola	angola	PROPN
faba-266	165	24	-0.0152894	-0.0152894	NOUN
faba-266	166	1	183.9158	183.9158	NUM
faba-266	166	2	*	*	PUNCT
faba-266	166	3	*	*	PUNCT
faba-266	166	4	*	*	PUNCT
faba-266	166	5	-10.04702	-10.04702	SYM
faba-266	166	6	1.976293	1.976293	NUM
faba-266	166	7	botswana	botswana	PROPN
faba-266	166	8	0.0026572	0.0026572	NUM
faba-266	166	9	-1.810661	-1.810661	NOUN
faba-266	166	10	-14.01898	-14.01898	PROPN
faba-266	166	11	*	*	PUNCT
faba-266	166	12	*	*	PROPN
faba-266	166	13	*	*	PROPN
faba-266	166	14	-2.989185	-2.989185	PROPN
faba-266	166	15	burkina	burkina	PROPN
faba-266	166	16	faso	faso	PROPN
faba-266	166	17	-0.0651529	-0.0651529	PROPN
faba-266	166	18	*	*	PUNCT
faba-266	166	19	*	*	PUNCT
faba-266	166	20	*	*	PUNCT
faba-266	166	21	3.960603	3.960603	NUM
faba-266	166	22	-4.52069	-4.52069	NOUN
faba-266	166	23	0.8840683	0.8840683	NUM
faba-266	166	24	*	*	SYM
faba-266	166	25	cameroon	cameroon	NOUN
faba-266	166	26	-0.0695837	-0.0695837	NOUN
faba-266	167	1	*	*	PUNCT
faba-266	168	1	*	*	PUNCT
faba-266	168	2	*	*	PUNCT
faba-266	168	3	-17.90698	-17.90698	PUNCT
faba-266	168	4	38.78154	38.78154	NUM
faba-266	168	5	*	*	PUNCT
faba-266	168	6	*	*	PUNCT
faba-266	168	7	*	*	PUNCT
faba-266	168	8	-0.5215656	-0.5215656	NOUN
faba-266	168	9	rep.congo	rep.congo	NOUN
faba-266	169	1	0.0403555	0.0403555	NUM
faba-266	169	2	*	*	PUNCT
faba-266	169	3	*	*	PUNCT
faba-266	169	4	*	*	NOUN
faba-266	169	5	-3.959476	-3.959476	NOUN
faba-266	169	6	0.4567818	0.4567818	NUM
faba-266	169	7	1.133537	1.133537	NUM
faba-266	169	8	ivory	ivory	PROPN
faba-266	169	9	coast	coast	PROPN
faba-266	169	10	-0.09228	-0.09228	PROPN
faba-266	169	11	*	*	PUNCT
faba-266	170	1	*	*	PUNCT
faba-266	170	2	*	*	PUNCT
faba-266	170	3	56.7254	56.7254	NUM
faba-266	170	4	-100.6129	-100.6129	X
faba-266	170	5	*	*	PUNCT
faba-266	170	6	10.61079	10.61079	NUM
faba-266	170	7	*	*	PUNCT
faba-266	170	8	*	*	PUNCT
faba-266	170	9	egypt	egypt	PROPN
faba-266	170	10	0.008888	0.008888	NUM
faba-266	170	11	437.5956	437.5956	NUM
faba-266	170	12	*	*	PUNCT
faba-266	170	13	*	*	PUNCT
faba-266	170	14	*	*	PUNCT
faba-266	170	15	-163.5638	-163.5638	ADJ
faba-266	170	16	*	*	PUNCT
faba-266	170	17	*	*	NOUN
faba-266	170	18	38.56473	38.56473	NUM
faba-266	170	19	*	*	SYM
faba-266	170	20	equatorial	equatorial	ADJ
faba-266	170	21	guinea	guinea	NOUN
faba-266	170	22	-0.0643633	-0.0643633	NOUN
faba-266	171	1	*	*	PUNCT
faba-266	171	2	*	*	PUNCT
faba-266	171	3	*	*	PUNCT
faba-266	171	4	-86.4732	-86.4732	PUNCT
faba-266	171	5	*	*	PUNCT
faba-266	171	6	*	*	PUNCT
faba-266	171	7	*	*	PUNCT
faba-266	171	8	0.5253728	0.5253728	NUM
faba-266	171	9	9.841948	9.841948	NUM
faba-266	171	10	*	*	PUNCT
faba-266	171	11	*	*	PUNCT
faba-266	171	12	*	*	PUNCT
faba-266	171	13	ethiopia	ethiopia	PROPN
faba-266	171	14	-0.0864774	-0.0864774	PROPN
faba-266	171	15	*	*	PROPN
faba-266	171	16	*	*	PUNCT
faba-266	171	17	*	*	PUNCT
faba-266	171	18	152.7495	152.7495	NUM
faba-266	171	19	*	*	SYM
faba-266	171	20	-43.65883	-43.65883	PUNCT
faba-266	171	21	-5.277885	-5.277885	PROPN
faba-266	171	22	gabon	gabon	PROPN
faba-266	171	23	-0.012033	-0.012033	PROPN
faba-266	171	24	9.461511	9.461511	NUM
faba-266	171	25	8.886967	8.886967	NUM
faba-266	171	26	0.6300535	0.6300535	NUM
faba-266	171	27	ghana	ghana	PROPN
faba-266	171	28	-0.0869553	-0.0869553	PROPN
faba-266	172	1	*	*	PROPN
faba-266	172	2	*	*	PUNCT
faba-266	173	1	42.06831	42.06831	PUNCT
faba-266	173	2	*	*	PUNCT
faba-266	173	3	*	*	PUNCT
faba-266	173	4	*	*	PUNCT
faba-266	173	5	-88.14726	-88.14726	PROPN
faba-266	173	6	*	*	SYM
faba-266	173	7	6.705531	6.705531	NUM
faba-266	173	8	guinea	guinea	NOUN
faba-266	173	9	-0.1110889	-0.1110889	NOUN
faba-266	173	10	*	*	PUNCT
faba-266	173	11	*	*	PUNCT
faba-266	173	12	*	*	PUNCT
faba-266	173	13	-33.32236	-33.32236	PUNCT
faba-266	173	14	-28.45098	-28.45098	SYM
faba-266	173	15	1.047506	1.047506	NUM
faba-266	173	16	*	*	NOUN
faba-266	173	17	*	*	PROPN
faba-266	173	18	kenya	kenya	PROPN
faba-266	173	19	-0.0886626	-0.0886626	PROPN
faba-266	173	20	45.38455	45.38455	NUM
faba-266	174	1	19.22988	19.22988	NUM
faba-266	174	2	6.461953	6.461953	NUM
faba-266	174	3	*	*	PUNCT
faba-266	174	4	libya	libya	PROPN
faba-266	174	5	-0.1121235	-0.1121235	VERB
faba-266	174	6	184.566	184.566	NUM
faba-266	174	7	-374.8736	-374.8736	NOUN
faba-266	174	8	*	*	PUNCT
faba-266	174	9	*	*	PUNCT
faba-266	174	10	*	*	PUNCT
faba-266	174	11	-50.54235	-50.54235	PROPN
faba-266	174	12	*	*	PROPN
faba-266	174	13	madagascar	madagascar	NOUN
faba-266	174	14	0.026808	0.026808	NUM
faba-266	174	15	112.8404	112.8404	NUM
faba-266	174	16	*	*	NOUN
faba-266	174	17	*	*	PUNCT
faba-266	174	18	-34.48675	-34.48675	PUNCT
faba-266	174	19	*	*	NOUN
faba-266	174	20	*	*	NUM
faba-266	174	21	0.0973368	0.0973368	NUM
faba-266	174	22	malawi	malawi	PROPN
faba-266	174	23	-0.0208035	-0.0208035	NOUN
faba-266	174	24	*	*	PUNCT
faba-266	174	25	*	*	PROPN
faba-266	174	26	2.150411	2.150411	NUM
faba-266	174	27	-7.426631	-7.426631	NUM
faba-266	174	28	-0.9681273	-0.9681273	PROPN
faba-266	174	29	morocco	morocco	PROPN
faba-266	174	30	-0.0305794	-0.0305794	PROPN
faba-266	174	31	16.42375	16.42375	NUM
faba-266	175	1	-178.3692	-178.3692	NUM
faba-266	175	2	*	*	NOUN
faba-266	175	3	*	*	PROPN
faba-266	175	4	*	*	PROPN
faba-266	175	5	15.26909	15.26909	NUM
faba-266	175	6	mozambique	mozambique	PROPN
faba-266	175	7	-0.0112739	-0.0112739	PROPN
faba-266	175	8	34.50571	34.50571	NUM
faba-266	175	9	*	*	PUNCT
faba-266	175	10	*	*	PUNCT
faba-266	175	11	*	*	PUNCT
faba-266	175	12	-6.697442	-6.697442	ADJ
faba-266	175	13	-0.185186	-0.185186	PROPN
faba-266	176	1	namibia	namibia	PROPN
faba-266	176	2	0.0010966	0.0010966	NUM
faba-266	176	3	0.9604781	0.9604781	NUM
faba-266	176	4	-1.279954	-1.279954	NOUN
faba-266	176	5	2.286843	2.286843	NUM
faba-266	176	6	niger	niger	NOUN
faba-266	176	7	0.0994694	0.0994694	NUM
faba-266	176	8	148.6162	148.6162	NUM
faba-266	176	9	*	*	NOUN
faba-266	176	10	*	*	PUNCT
faba-266	176	11	*	*	PUNCT
faba-266	176	12	-14.85066	-14.85066	INTJ
faba-266	176	13	-0.13474	-0.13474	NOUN
faba-266	176	14	nigeria	nigeria	PROPN
faba-266	176	15	-0.0222853	-0.0222853	PROPN
faba-266	177	1	*	*	PUNCT
faba-266	178	1	942.000	942.000	NUM
faba-266	178	2	*	*	PUNCT
faba-266	178	3	*	*	PUNCT
faba-266	178	4	*	*	PUNCT
faba-266	178	5	-1151.879	-1151.879	PUNCT
faba-266	178	6	*	*	PUNCT
faba-266	178	7	*	*	PUNCT
faba-266	178	8	*	*	PUNCT
faba-266	178	9	-22.7828	-22.7828	PUNCT
faba-266	178	10	rwanda	rwanda	PROPN
faba-266	178	11	-0.0180366	-0.0180366	VERB
faba-266	178	12	*	*	PUNCT
faba-266	178	13	*	*	PUNCT
faba-266	178	14	*	*	PUNCT
faba-266	178	15	5.445791	5.445791	NUM
faba-266	178	16	-4.537254	-4.537254	NOUN
faba-266	178	17	1.455988	1.455988	NUM
faba-266	178	18	*	*	PUNCT
faba-266	178	19	senegal	senegal	ADJ
faba-266	178	20	-0.0501282	-0.0501282	PROPN
faba-266	178	21	*	*	PUNCT
faba-266	178	22	*	*	PUNCT
faba-266	178	23	*	*	PUNCT
faba-266	178	24	-10.61204	-10.61204	PUNCT
faba-266	178	25	15.60657	15.60657	NUM
faba-266	178	26	1.77174	1.77174	NUM
faba-266	178	27	south	south	PROPN
faba-266	178	28	africa	africa	PROPN
faba-266	178	29	-0.0008568	-0.0008568	VERB
faba-266	178	30	5.129907	5.129907	NUM
faba-266	178	31	-44.89754	-44.89754	SYM
faba-266	178	32	22.74186	22.74186	NUM
faba-266	178	33	sudan	sudan	PROPN
faba-266	178	34	-0.0494035	-0.0494035	PROPN
faba-266	178	35	*	*	PROPN
faba-266	178	36	*	*	PUNCT
faba-266	178	37	*	*	PUNCT
faba-266	178	38	113.0074	113.0074	NUM
faba-266	178	39	-16.19166	-16.19166	NUM
faba-266	178	40	*	*	NOUN
faba-266	178	41	-0.7644594	-0.7644594	NOUN
faba-266	178	42	tanzania	tanzania	PROPN
faba-266	178	43	0.0780717	0.0780717	NUM
faba-266	178	44	53.18275	53.18275	NUM
faba-266	178	45	18.02849	18.02849	NUM
faba-266	178	46	-1.654024	-1.654024	NOUN
faba-266	179	1	togo	togo	PROPN
faba-266	179	2	-0.0135456	-0.0135456	PROPN
faba-266	179	3	*	*	PUNCT
faba-266	180	1	*	*	PUNCT
faba-266	180	2	*	*	PUNCT
faba-266	180	3	-5.292597	-5.292597	NOUN
faba-266	181	1	-4.853441	-4.853441	PROPN
faba-266	181	2	*	*	PUNCT
faba-266	181	3	-0.0025687	-0.0025687	PROPN
faba-266	181	4	tunisia	tunisia	PROPN
faba-266	181	5	0.0372121	0.0372121	NUM
faba-266	181	6	*	*	PUNCT
faba-266	181	7	*	*	PUNCT
faba-266	181	8	*	*	PUNCT
faba-266	181	9	51.73695	51.73695	NUM
faba-266	181	10	*	*	PUNCT
faba-266	181	11	*	*	PUNCT
faba-266	181	12	*	*	PUNCT
faba-266	181	13	-101.5233	-101.5233	ADV
faba-266	181	14	*	*	PUNCT
faba-266	181	15	*	*	PUNCT
faba-266	181	16	*	*	PROPN
faba-266	181	17	3.161519	3.161519	NUM
faba-266	181	18	uganda	uganda	PROPN
faba-266	181	19	0.0779395	0.0779395	NUM
faba-266	181	20	*	*	PUNCT
faba-266	181	21	*	*	PUNCT
faba-266	181	22	*	*	X
faba-266	181	23	74.36759	74.36759	NUM
faba-266	181	24	*	*	PUNCT
faba-266	181	25	*	*	PUNCT
faba-266	181	26	*	*	VERB
faba-266	181	27	4.391212	4.391212	NUM
faba-266	181	28	-0.1257642	-0.1257642	VERB
faba-266	181	29	zambia	zambia	PROPN
faba-266	181	30	0.055656	0.055656	NUM
faba-266	181	31	*	*	PROPN
faba-266	181	32	51.79884	51.79884	NUM
faba-266	181	33	*	*	PUNCT
faba-266	181	34	*	*	PUNCT
faba-266	181	35	*	*	PUNCT
faba-266	181	36	-15.42691	-15.42691	PUNCT
faba-266	181	37	-0.5086009	-0.5086009	ADJ
faba-266	181	38	source	source	NOUN
faba-266	181	39	:	:	PUNCT
faba-266	181	40	stata	stata	VERB
faba-266	181	41	15	15	NUM
faba-266	181	42	software	software	NOUN
faba-266	181	43	output	output	NOUN
faba-266	181	44	(	(	PUNCT
faba-266	181	45	2025	2025	NUM
faba-266	181	46	)	)	PUNCT
faba-266	181	47	b.i.z	b.i.z	NOUN
faba-266	181	48	..	..	SYM
faba-266	181	49	mennad	mennad	PROPN
faba-266	181	50	,	,	PUNCT
faba-266	181	51	a.	a.	NOUN
faba-266	181	52	meskini	meskini	NOUN
faba-266	181	53	,	,	PUNCT
faba-266	181	54	a.	a.	NOUN
faba-266	181	55	benhaddou	benhaddou	NOUN
faba-266	181	56	/	/	SYM
faba-266	181	57	finance	finance	NOUN
faba-266	181	58	,	,	PUNCT
faba-266	181	59	accounting	accounting	NOUN
faba-266	181	60	and	and	CCONJ
faba-266	181	61	business	business	NOUN
faba-266	181	62	analysis	analysis	NOUN
faba-266	181	63	,	,	PUNCT
faba-266	181	64	volume	volume	NOUN
faba-266	181	65	7	7	NUM
faba-266	181	66	,	,	PUNCT
faba-266	181	67	issue	issue	NOUN
faba-266	181	68	1	1	NUM
faba-266	181	69	,	,	PUNCT
faba-266	181	70	2025	2025	NUM
faba-266	181	71	107	107	NUM
faba-266	182	1	the	the	DET
faba-266	182	2	individual	individual	ADJ
faba-266	182	3	countries	country	NOUN
faba-266	182	4	short	short	ADJ
faba-266	182	5	-	-	PUNCT
faba-266	182	6	run	run	NOUN
faba-266	182	7	results	result	NOUN
faba-266	182	8	highlight	highlight	VERB
faba-266	182	9	significant	significant	ADJ
faba-266	182	10	differences	difference	NOUN
faba-266	182	11	in	in	ADP
faba-266	182	12	the	the	DET
faba-266	182	13	impact	impact	NOUN
faba-266	182	14	of	of	ADP
faba-266	182	15	financial	financial	ADJ
faba-266	182	16	development	development	NOUN
faba-266	182	17	across	across	ADP
faba-266	182	18	african	african	ADJ
faba-266	182	19	countries	country	NOUN
faba-266	182	20	.	.	PUNCT
faba-266	183	1	the	the	DET
faba-266	183	2	error	error	NOUN
faba-266	183	3	correction	correction	NOUN
faba-266	183	4	term	term	NOUN
faba-266	183	5	(	(	PUNCT
faba-266	183	6	ect	ect	X
faba-266	183	7	)	)	PUNCT
faba-266	183	8	is	be	AUX
faba-266	183	9	negative	negative	ADJ
faba-266	183	10	and	and	CCONJ
faba-266	183	11	significant	significant	ADJ
faba-266	183	12	in	in	ADP
faba-266	183	13	several	several	ADJ
faba-266	183	14	countries	country	NOUN
faba-266	183	15	,	,	PUNCT
faba-266	183	16	including	include	VERB
faba-266	183	17	burkina	burkina	PROPN
faba-266	183	18	faso	faso	PROPN
faba-266	183	19	,	,	PUNCT
faba-266	183	20	ivory	ivory	PROPN
faba-266	183	21	coast	coast	PROPN
faba-266	183	22	,	,	PUNCT
faba-266	183	23	ethiopia	ethiopia	PROPN
faba-266	183	24	,	,	PUNCT
faba-266	183	25	ghana	ghana	PROPN
faba-266	183	26	,	,	PUNCT
faba-266	183	27	and	and	CCONJ
faba-266	183	28	guinea	guinea	NOUN
faba-266	183	29	,	,	PUNCT
faba-266	183	30	indicating	indicate	VERB
faba-266	183	31	a	a	DET
faba-266	183	32	tendency	tendency	NOUN
faba-266	183	33	to	to	PART
faba-266	183	34	return	return	VERB
faba-266	183	35	to	to	ADP
faba-266	183	36	long	long	ADV
faba-266	183	37	-	-	PUNCT
faba-266	183	38	run	run	VERB
faba-266	183	39	equilibrium	equilibrium	NOUN
faba-266	183	40	after	after	ADP
faba-266	183	41	financial	financial	ADJ
faba-266	183	42	shocks	shock	NOUN
faba-266	183	43	.	.	PUNCT
faba-266	184	1	in	in	ADP
faba-266	184	2	contrast	contrast	NOUN
faba-266	184	3	,	,	PUNCT
faba-266	184	4	its	its	PRON
faba-266	184	5	positive	positive	ADJ
faba-266	184	6	significance	significance	NOUN
faba-266	184	7	in	in	ADP
faba-266	184	8	the	the	DET
faba-266	184	9	republic	republic	NOUN
faba-266	184	10	of	of	ADP
faba-266	184	11	congo	congo	PROPN
faba-266	184	12	and	and	CCONJ
faba-266	184	13	tunisia	tunisia	NOUN
faba-266	184	14	suggests	suggest	VERB
faba-266	184	15	divergence	divergence	NOUN
faba-266	184	16	from	from	ADP
faba-266	184	17	equilibrium	equilibrium	NOUN
faba-266	184	18	.	.	PUNCT
faba-266	185	1	the	the	DET
faba-266	185	2	financial	financial	ADJ
faba-266	185	3	institutions	institution	NOUN
faba-266	185	4	access	access	NOUN
faba-266	185	5	(	(	PUNCT
faba-266	185	6	fda	fda	PROPN
faba-266	185	7	)	)	PUNCT
faba-266	185	8	has	have	VERB
faba-266	185	9	a	a	DET
faba-266	185	10	strong	strong	ADJ
faba-266	185	11	positive	positive	ADJ
faba-266	185	12	short	short	ADJ
faba-266	185	13	-	-	PUNCT
faba-266	185	14	run	run	NOUN
faba-266	185	15	effect	effect	NOUN
faba-266	185	16	in	in	ADP
faba-266	185	17	angola	angola	PROPN
faba-266	185	18	,	,	PUNCT
faba-266	185	19	egypt	egypt	PROPN
faba-266	185	20	,	,	PUNCT
faba-266	185	21	ethiopia	ethiopia	PROPN
faba-266	185	22	,	,	PUNCT
faba-266	185	23	nigeria	nigeria	PROPN
faba-266	185	24	,	,	PUNCT
faba-266	185	25	and	and	CCONJ
faba-266	185	26	uganda	uganda	PROPN
faba-266	185	27	,	,	PUNCT
faba-266	185	28	demonstrating	demonstrate	VERB
faba-266	185	29	the	the	DET
faba-266	185	30	immediate	immediate	ADJ
faba-266	185	31	benefits	benefit	NOUN
faba-266	185	32	of	of	ADP
faba-266	185	33	improved	improve	VERB
faba-266	185	34	financial	financial	ADJ
faba-266	185	35	accessibility	accessibility	NOUN
faba-266	185	36	on	on	ADP
faba-266	185	37	economic	economic	ADJ
faba-266	185	38	growth	growth	NOUN
faba-266	185	39	,	,	PUNCT
faba-266	185	40	whereas	whereas	SCONJ
faba-266	185	41	equatorial	equatorial	ADJ
faba-266	185	42	guinea	guinea	NOUN
faba-266	185	43	shows	show	VERB
faba-266	185	44	a	a	DET
faba-266	185	45	significant	significant	ADJ
faba-266	185	46	negative	negative	ADJ
faba-266	185	47	effect	effect	NOUN
faba-266	185	48	,	,	PUNCT
faba-266	185	49	possibly	possibly	ADV
faba-266	185	50	due	due	ADP
faba-266	185	51	to	to	ADP
faba-266	185	52	inefficiencies	inefficiency	NOUN
faba-266	185	53	.	.	PUNCT
faba-266	186	1	the	the	PRON
faba-266	186	2	financial	financial	ADJ
faba-266	186	3	institutions	institution	NOUN
faba-266	186	4	depth	depth	NOUN
faba-266	186	5	(	(	PUNCT
faba-266	186	6	fdd	fdd	PROPN
faba-266	186	7	)	)	PUNCT
faba-266	186	8	negatively	negatively	ADV
faba-266	186	9	affects	affect	VERB
faba-266	186	10	gdp	gdp	NOUN
faba-266	186	11	in	in	ADP
faba-266	186	12	botswana	botswana	PROPN
faba-266	186	13	,	,	PUNCT
faba-266	186	14	ivory	ivory	PROPN
faba-266	186	15	coast	coast	PROPN
faba-266	186	16	,	,	PUNCT
faba-266	186	17	libya	libya	PROPN
faba-266	186	18	,	,	PUNCT
faba-266	186	19	and	and	CCONJ
faba-266	186	20	nigeria	nigeria	PROPN
faba-266	186	21	,	,	PUNCT
faba-266	186	22	indicating	indicate	VERB
faba-266	186	23	that	that	SCONJ
faba-266	186	24	deeper	deep	ADJ
faba-266	186	25	financial	financial	ADJ
faba-266	186	26	markets	market	NOUN
faba-266	186	27	may	may	AUX
faba-266	186	28	initially	initially	ADV
faba-266	186	29	disrupt	disrupt	VERB
faba-266	186	30	economic	economic	ADJ
faba-266	186	31	stability	stability	NOUN
faba-266	186	32	due	due	ADP
faba-266	186	33	to	to	ADP
faba-266	186	34	credit	credit	NOUN
faba-266	186	35	misallocation	misallocation	NOUN
faba-266	186	36	or	or	CCONJ
faba-266	186	37	structural	structural	ADJ
faba-266	186	38	weaknesses	weakness	NOUN
faba-266	186	39	,	,	PUNCT
faba-266	186	40	while	while	SCONJ
faba-266	186	41	cameroon	cameroon	NOUN
faba-266	186	42	benefits	benefit	NOUN
faba-266	186	43	from	from	ADP
faba-266	186	44	financial	financial	ADJ
faba-266	186	45	depth	depth	NOUN
faba-266	186	46	.	.	PUNCT
faba-266	187	1	the	the	DET
faba-266	187	2	financial	financial	ADJ
faba-266	187	3	institutions	institution	NOUN
faba-266	187	4	efficiency	efficiency	NOUN
faba-266	187	5	(	(	PUNCT
faba-266	187	6	fde	fde	NOUN
faba-266	187	7	)	)	PUNCT
faba-266	187	8	has	have	VERB
faba-266	187	9	a	a	DET
faba-266	187	10	positive	positive	ADJ
faba-266	187	11	impact	impact	NOUN
faba-266	187	12	in	in	ADP
faba-266	187	13	ivory	ivory	PROPN
faba-266	187	14	coast	coast	PROPN
faba-266	187	15	,	,	PUNCT
faba-266	187	16	equatorial	equatorial	ADJ
faba-266	187	17	guinea	guinea	NOUN
faba-266	187	18	,	,	PUNCT
faba-266	187	19	ghana	ghana	PROPN
faba-266	187	20	,	,	PUNCT
faba-266	187	21	and	and	CCONJ
faba-266	187	22	tunisia	tunisia	NOUN
faba-266	187	23	,	,	PUNCT
faba-266	187	24	reflecting	reflect	VERB
faba-266	187	25	how	how	SCONJ
faba-266	187	26	improved	improved	ADJ
faba-266	187	27	efficiency	efficiency	NOUN
faba-266	187	28	enhances	enhance	VERB
faba-266	187	29	economic	economic	ADJ
faba-266	187	30	performance	performance	NOUN
faba-266	187	31	,	,	PUNCT
faba-266	187	32	while	while	SCONJ
faba-266	187	33	its	its	PRON
faba-266	187	34	negative	negative	ADJ
faba-266	187	35	effect	effect	NOUN
faba-266	187	36	in	in	ADP
faba-266	187	37	libya	libya	PROPN
faba-266	187	38	,	,	PUNCT
faba-266	187	39	nigeria	nigeria	PROPN
faba-266	187	40	,	,	PUNCT
faba-266	187	41	and	and	CCONJ
faba-266	187	42	sudan	sudan	PROPN
faba-266	187	43	highlights	highlight	VERB
faba-266	187	44	inefficiencies	inefficiency	NOUN
faba-266	187	45	that	that	PRON
faba-266	187	46	hinder	hinder	VERB
faba-266	187	47	growth	growth	NOUN
faba-266	187	48	.	.	PUNCT
faba-266	188	1	the	the	DET
faba-266	188	2	remaining	remain	VERB
faba-266	188	3	countries	country	NOUN
faba-266	188	4	exhibit	exhibit	VERB
faba-266	188	5	statistically	statistically	ADV
faba-266	188	6	insignificant	insignificant	ADJ
faba-266	188	7	results	result	NOUN
faba-266	188	8	,	,	PUNCT
faba-266	188	9	suggesting	suggest	VERB
faba-266	188	10	that	that	SCONJ
faba-266	188	11	financial	financial	ADJ
faba-266	188	12	development	development	NOUN
faba-266	188	13	does	do	AUX
faba-266	188	14	not	not	PART
faba-266	188	15	exert	exert	VERB
faba-266	188	16	a	a	DET
faba-266	188	17	meaningful	meaningful	ADJ
faba-266	188	18	short	short	ADJ
faba-266	188	19	-	-	PUNCT
faba-266	188	20	term	term	NOUN
faba-266	188	21	effect	effect	NOUN
faba-266	188	22	in	in	ADP
faba-266	188	23	those	those	DET
faba-266	188	24	economies	economy	NOUN
faba-266	188	25	.	.	PUNCT
faba-266	189	1	conclusion	conclusion	NOUN
faba-266	189	2	this	this	DET
faba-266	189	3	study	study	NOUN
faba-266	189	4	provides	provide	VERB
faba-266	189	5	empirical	empirical	ADJ
faba-266	189	6	evidence	evidence	NOUN
faba-266	189	7	on	on	ADP
faba-266	189	8	the	the	DET
faba-266	189	9	impact	impact	NOUN
faba-266	189	10	of	of	ADP
faba-266	189	11	financial	financial	ADJ
faba-266	189	12	development	development	NOUN
faba-266	189	13	on	on	ADP
faba-266	189	14	economic	economic	ADJ
faba-266	189	15	growth	growth	NOUN
faba-266	189	16	in	in	ADP
faba-266	189	17	31	31	NUM
faba-266	189	18	african	african	ADJ
faba-266	189	19	countries	country	NOUN
faba-266	189	20	over	over	ADP
faba-266	189	21	the	the	DET
faba-266	189	22	period	period	NOUN
faba-266	189	23	1990–2021	1990–2021	NUM
faba-266	189	24	using	use	VERB
faba-266	189	25	the	the	DET
faba-266	189	26	panel	panel	NOUN
faba-266	189	27	ardl	ardl	NOUN
faba-266	189	28	approach	approach	NOUN
faba-266	189	29	.	.	PUNCT
faba-266	190	1	the	the	DET
faba-266	190	2	findings	finding	NOUN
faba-266	190	3	reveal	reveal	VERB
faba-266	190	4	that	that	SCONJ
faba-266	190	5	financial	financial	ADJ
faba-266	190	6	institutions	institution	NOUN
faba-266	190	7	’	'	PUNCT
faba-266	190	8	access	access	NOUN
faba-266	190	9	and	and	CCONJ
faba-266	190	10	depth	depth	NOUN
faba-266	190	11	significantly	significantly	ADV
faba-266	190	12	contribute	contribute	VERB
faba-266	190	13	to	to	ADP
faba-266	190	14	long	long	ADV
faba-266	190	15	-	-	PUNCT
faba-266	190	16	run	run	VERB
faba-266	190	17	economic	economic	ADJ
faba-266	190	18	growth	growth	NOUN
faba-266	190	19	,	,	PUNCT
faba-266	190	20	underscoring	underscore	VERB
faba-266	190	21	the	the	DET
faba-266	190	22	critical	critical	ADJ
faba-266	190	23	role	role	NOUN
faba-266	190	24	of	of	ADP
faba-266	190	25	an	an	DET
faba-266	190	26	inclusive	inclusive	ADJ
faba-266	190	27	and	and	CCONJ
faba-266	190	28	well	well	ADV
faba-266	190	29	-	-	PUNCT
faba-266	190	30	developed	develop	VERB
faba-266	190	31	financial	financial	ADJ
faba-266	190	32	sector	sector	NOUN
faba-266	190	33	.	.	PUNCT
faba-266	191	1	however	however	ADV
faba-266	191	2	,	,	PUNCT
faba-266	191	3	the	the	DET
faba-266	191	4	negative	negative	ADJ
faba-266	191	5	impact	impact	NOUN
faba-266	191	6	of	of	ADP
faba-266	191	7	financial	financial	ADJ
faba-266	191	8	institutions	institution	NOUN
faba-266	191	9	'	'	PART
faba-266	191	10	efficiency	efficiency	NOUN
faba-266	191	11	suggests	suggest	VERB
faba-266	191	12	that	that	SCONJ
faba-266	191	13	inefficiencies	inefficiency	NOUN
faba-266	191	14	within	within	ADP
faba-266	191	15	financial	financial	ADJ
faba-266	191	16	systems	system	NOUN
faba-266	191	17	may	may	AUX
faba-266	191	18	counteract	counteract	VERB
faba-266	191	19	growth	growth	NOUN
faba-266	191	20	benefits	benefit	NOUN
faba-266	191	21	,	,	PUNCT
faba-266	191	22	aligning	align	VERB
faba-266	191	23	with	with	ADP
faba-266	191	24	the	the	DET
faba-266	191	25	"	"	PUNCT
faba-266	191	26	too	too	ADV
faba-266	191	27	much	much	ADJ
faba-266	191	28	finance	finance	NOUN
faba-266	191	29	"	"	PUNCT
faba-266	191	30	hypothesis	hypothesis	NOUN
faba-266	191	31	.	.	PUNCT
faba-266	192	1	in	in	ADP
faba-266	192	2	the	the	DET
faba-266	192	3	short	short	ADJ
faba-266	192	4	run	run	NOUN
faba-266	192	5	,	,	PUNCT
faba-266	192	6	financial	financial	ADJ
faba-266	192	7	accessibility	accessibility	NOUN
faba-266	192	8	exerts	exert	VERB
faba-266	192	9	a	a	DET
faba-266	192	10	strong	strong	ADJ
faba-266	192	11	positive	positive	ADJ
faba-266	192	12	influence	influence	NOUN
faba-266	192	13	on	on	ADP
faba-266	192	14	gdp	gdp	NOUN
faba-266	192	15	,	,	PUNCT
faba-266	192	16	while	while	SCONJ
faba-266	192	17	financial	financial	ADJ
faba-266	192	18	depth	depth	NOUN
faba-266	192	19	demonstrates	demonstrate	VERB
faba-266	192	20	a	a	DET
faba-266	192	21	negative	negative	ADJ
faba-266	192	22	effect	effect	NOUN
faba-266	192	23	,	,	PUNCT
faba-266	192	24	possibly	possibly	ADV
faba-266	192	25	reflecting	reflect	VERB
faba-266	192	26	transitional	transitional	ADJ
faba-266	192	27	costs	cost	NOUN
faba-266	192	28	or	or	CCONJ
faba-266	192	29	structural	structural	ADJ
faba-266	192	30	imbalances	imbalance	NOUN
faba-266	192	31	in	in	ADP
faba-266	192	32	financial	financial	ADJ
faba-266	192	33	systems	system	NOUN
faba-266	192	34	.	.	PUNCT
faba-266	193	1	moreover	moreover	ADV
faba-266	193	2	,	,	PUNCT
faba-266	193	3	heterogeneous	heterogeneous	ADJ
faba-266	193	4	short	short	ADJ
faba-266	193	5	-	-	PUNCT
faba-266	193	6	run	run	NOUN
faba-266	193	7	results	result	NOUN
faba-266	193	8	across	across	ADP
faba-266	193	9	countries	country	NOUN
faba-266	193	10	highlight	highlight	VERB
faba-266	193	11	the	the	DET
faba-266	193	12	complexity	complexity	NOUN
faba-266	193	13	of	of	ADP
faba-266	193	14	financial	financial	ADJ
faba-266	193	15	development	development	NOUN
faba-266	193	16	’s	’s	PART
faba-266	193	17	impact	impact	NOUN
faba-266	193	18	,	,	PUNCT
faba-266	193	19	influenced	influence	VERB
faba-266	193	20	by	by	ADP
faba-266	193	21	country	country	NOUN
faba-266	193	22	-	-	PUNCT
faba-266	193	23	specific	specific	ADJ
faba-266	193	24	institutional	institutional	ADJ
faba-266	193	25	and	and	CCONJ
faba-266	193	26	economic	economic	ADJ
faba-266	193	27	conditions	condition	NOUN
faba-266	193	28	.	.	PUNCT
faba-266	194	1	these	these	DET
faba-266	194	2	findings	finding	NOUN
faba-266	194	3	have	have	VERB
faba-266	194	4	important	important	ADJ
faba-266	194	5	policy	policy	NOUN
faba-266	194	6	implications	implication	NOUN
faba-266	194	7	.	.	PUNCT
faba-266	195	1	policymakers	policymaker	NOUN
faba-266	195	2	should	should	AUX
faba-266	195	3	prioritize	prioritize	VERB
faba-266	195	4	enhancing	enhance	VERB
faba-266	195	5	financial	financial	ADJ
faba-266	195	6	accessibility	accessibility	NOUN
faba-266	195	7	and	and	CCONJ
faba-266	195	8	depth	depth	NOUN
faba-266	195	9	while	while	SCONJ
faba-266	195	10	addressing	address	VERB
faba-266	195	11	inefficiencies	inefficiency	NOUN
faba-266	195	12	that	that	PRON
faba-266	195	13	may	may	AUX
faba-266	195	14	hinder	hinder	VERB
faba-266	195	15	economic	economic	ADJ
faba-266	195	16	performance	performance	NOUN
faba-266	195	17	.	.	PUNCT
faba-266	196	1	strengthening	strengthen	VERB
faba-266	196	2	regulatory	regulatory	ADJ
faba-266	196	3	frameworks	framework	NOUN
faba-266	196	4	and	and	CCONJ
faba-266	196	5	improving	improve	VERB
faba-266	196	6	financial	financial	ADJ
faba-266	196	7	institutions	institution	NOUN
faba-266	196	8	’	'	PUNCT
faba-266	196	9	operational	operational	ADJ
faba-266	196	10	effectiveness	effectiveness	NOUN
faba-266	196	11	can	can	AUX
faba-266	196	12	foster	foster	VERB
faba-266	196	13	sustainable	sustainable	ADJ
faba-266	196	14	economic	economic	ADJ
faba-266	196	15	growth	growth	NOUN
faba-266	196	16	.	.	PUNCT
faba-266	197	1	future	future	ADJ
faba-266	197	2	research	research	NOUN
faba-266	197	3	could	could	AUX
faba-266	197	4	further	far	ADV
faba-266	197	5	explore	explore	VERB
faba-266	197	6	the	the	DET
faba-266	197	7	role	role	NOUN
faba-266	197	8	of	of	ADP
faba-266	197	9	institutional	institutional	ADJ
faba-266	197	10	quality	quality	NOUN
faba-266	197	11	and	and	CCONJ
faba-266	197	12	financial	financial	ADJ
faba-266	197	13	structure	structure	NOUN
faba-266	197	14	in	in	ADP
faba-266	197	15	shaping	shape	VERB
faba-266	197	16	the	the	DET
faba-266	197	17	financial	financial	ADJ
faba-266	197	18	development	development	NOUN
faba-266	197	19	–	–	PUNCT
faba-266	197	20	growth	growth	NOUN
faba-266	197	21	nexus	nexus	NOUN
faba-266	197	22	in	in	ADP
faba-266	197	23	african	african	ADJ
faba-266	197	24	economies	economy	NOUN
faba-266	197	25	.	.	PUNCT
faba-266	198	1	references	reference	NOUN
faba-266	198	2	abbas	abbas	PROPN
faba-266	198	3	,	,	PUNCT
faba-266	198	4	z.	z.	PROPN
faba-266	198	5	,	,	PUNCT
faba-266	198	6	g.	g.	PROPN
faba-266	198	7	afshan	afshan	PROPN
faba-266	198	8	,	,	PUNCT
faba-266	198	9	and	and	CCONJ
faba-266	198	10	g.	g.	PROPN
faba-266	198	11	mustifa	mustifa	PROPN
faba-266	198	12	.	.	PUNCT
faba-266	199	1	2022	2022	NUM
faba-266	199	2	.	.	PUNCT
faba-266	200	1	the	the	DET
faba-266	200	2	effect	effect	NOUN
faba-266	200	3	of	of	ADP
faba-266	200	4	financial	financial	ADJ
faba-266	200	5	development	development	NOUN
faba-266	200	6	on	on	ADP
faba-266	200	7	economic	economic	ADJ
faba-266	200	8	growth	growth	NOUN
faba-266	200	9	and	and	CCONJ
faba-266	200	10	income	income	NOUN
faba-266	200	11	distribution	distribution	NOUN
faba-266	200	12	:	:	PUNCT
faba-266	200	13	an	an	DET
faba-266	200	14	empirical	empirical	ADJ
faba-266	200	15	evidence	evidence	NOUN
faba-266	200	16	from	from	ADP
faba-266	200	17	lower	lower	ADV
faba-266	200	18	-	-	PUNCT
faba-266	200	19	middle	middle	ADJ
faba-266	200	20	and	and	CCONJ
faba-266	200	21	upper	upper	ADV
faba-266	200	22	-	-	PUNCT
faba-266	200	23	middle	middle	ADJ
faba-266	200	24	-	-	PUNCT
faba-266	200	25	income	income	NOUN
faba-266	200	26	countries	country	NOUN
faba-266	200	27	.	.	PUNCT
faba-266	201	1	development	development	NOUN
faba-266	201	2	studies	studies	PROPN
faba-266	201	3	research	research	NOUN
faba-266	201	4	,	,	PUNCT
faba-266	201	5	9(1	9(1	NUM
faba-266	201	6	):	):	PUNCT
faba-266	201	7	117	117	NUM
faba-266	201	8	-	-	SYM
faba-266	201	9	128	128	NUM
faba-266	201	10	.	.	PUNCT
faba-266	202	1	https://doi.org/10.1080/21665095.2022.2065325	https://doi.org/10.1080/21665095.2022.2065325	PROPN
faba-266	202	2	akinlo	akinlo	PROPN
faba-266	202	3	,	,	PUNCT
faba-266	202	4	a.	a.	PROPN
faba-266	202	5	e.	e.	PROPN
faba-266	202	6	,	,	PUNCT
faba-266	202	7	and	and	CCONJ
faba-266	202	8	t.	t.	NOUN
faba-266	202	9	egbetunde	egbetunde	NOUN
faba-266	202	10	.	.	PUNCT
faba-266	203	1	2010	2010	NUM
faba-266	203	2	.	.	PUNCT
faba-266	204	1	"	"	PUNCT
faba-266	204	2	financial	financial	ADJ
faba-266	204	3	development	development	NOUN
faba-266	204	4	and	and	CCONJ
faba-266	204	5	economic	economic	ADJ
faba-266	204	6	growth	growth	NOUN
faba-266	204	7	:	:	PUNCT
faba-266	204	8	the	the	DET
faba-266	204	9	experience	experience	NOUN
faba-266	204	10	of	of	ADP
faba-266	204	11	10	10	NUM
faba-266	204	12	sub	sub	ADJ
faba-266	204	13	-	-	ADJ
faba-266	204	14	saharan	saharan	ADJ
faba-266	204	15	african	african	ADJ
faba-266	204	16	countries	country	NOUN
faba-266	204	17	revisited	revisit	VERB
faba-266	204	18	.	.	PUNCT
faba-266	204	19	"	"	PUNCT
faba-266	205	1	the	the	DET
faba-266	205	2	review	review	NOUN
faba-266	205	3	of	of	ADP
faba-266	205	4	finance	finance	NOUN
faba-266	205	5	and	and	CCONJ
faba-266	205	6	banking	banking	NOUN
faba-266	205	7	,	,	PUNCT
faba-266	205	8	2(1	2(1	NUM
faba-266	205	9	):	):	PUNCT
faba-266	205	10	17	17	NUM
faba-266	205	11	-	-	SYM
faba-266	205	12	28	28	NUM
faba-266	205	13	.	.	PUNCT
faba-266	206	1	aluko	aluko	PROPN
faba-266	206	2	,	,	PUNCT
faba-266	206	3	o.	o.	NOUN
faba-266	206	4	a.	a.	PROPN
faba-266	206	5	,	,	PUNCT
faba-266	206	6	and	and	CCONJ
faba-266	206	7	m.	m.	PROPN
faba-266	206	8	ibrahim	ibrahim	PROPN
faba-266	206	9	.	.	PUNCT
faba-266	207	1	2020	2020	NUM
faba-266	207	2	.	.	PUNCT
faba-266	208	1	institutions	institution	NOUN
faba-266	208	2	and	and	CCONJ
faba-266	208	3	the	the	DET
faba-266	208	4	financial	financial	ADJ
faba-266	208	5	development	development	NOUN
faba-266	208	6	–	–	PUNCT
faba-266	208	7	economic	economic	ADJ
faba-266	208	8	growth	growth	NOUN
faba-266	208	9	nexus	nexus	NOUN
faba-266	208	10	in	in	ADP
faba-266	208	11	sub	sub	ADJ
faba-266	208	12	-	-	ADJ
faba-266	208	13	saharan	saharan	ADJ
faba-266	208	14	africa	africa	PROPN
faba-266	208	15	.	.	PUNCT
faba-266	209	1	economic	economic	ADJ
faba-266	209	2	notes	note	NOUN
faba-266	209	3	,	,	PUNCT
faba-266	209	4	49(3	49(3	NUM
faba-266	209	5	):	):	PUNCT
faba-266	209	6	1	1	NUM
faba-266	209	7	-	-	SYM
faba-266	209	8	12	12	NUM
faba-266	209	9	.	.	PUNCT
faba-266	209	10	https://doi.org/10.1111/ecno.12163	https://doi.org/10.1111/ecno.12163	NOUN
faba-266	209	11	an	an	PRON
faba-266	209	12	,	,	PUNCT
faba-266	209	13	h.	h.	PROPN
faba-266	209	14	,	,	PUNCT
faba-266	209	15	q.	q.	PROPN
faba-266	209	16	zou	zou	PROPN
faba-266	209	17	,	,	PUNCT
faba-266	209	18	and	and	CCONJ
faba-266	209	19	m.	m.	PROPN
faba-266	209	20	kargbo	kargbo	PROPN
faba-266	209	21	.	.	PUNCT
faba-266	209	22	2021	2021	NUM
faba-266	209	23	.	.	PUNCT
faba-266	210	1	impact	impact	NOUN
faba-266	210	2	of	of	ADP
faba-266	210	3	financial	financial	ADJ
faba-266	210	4	development	development	NOUN
faba-266	210	5	on	on	ADP
faba-266	210	6	economic	economic	ADJ
faba-266	210	7	growth	growth	NOUN
faba-266	210	8	:	:	PUNCT
faba-266	210	9	evidence	evidence	NOUN
faba-266	210	10	from	from	ADP
faba-266	210	11	sub	sub	ADJ
faba-266	210	12	-	-	ADJ
faba-266	210	13	saharan	saharan	ADJ
faba-266	210	14	africa	africa	PROPN
faba-266	210	15	.	.	PUNCT
faba-266	211	1	australian	australian	ADJ
faba-266	211	2	economic	economic	ADJ
faba-266	211	3	papers	paper	NOUN
faba-266	211	4	,	,	PUNCT
faba-266	211	5	60(2	60(2	NUM
faba-266	211	6	):	):	PUNCT
faba-266	211	7	226	226	NUM
faba-266	211	8	-	-	SYM
faba-266	211	9	260	260	NUM
faba-266	211	10	.	.	PUNCT
faba-266	211	11	https://doi.org/10.1111/14678454.12201	https://doi.org/10.1111/14678454.12201	NOUN
faba-266	212	1	an	an	PRON
faba-266	212	2	,	,	PUNCT
faba-266	212	3	t.	t.	PROPN
faba-266	212	4	t.	t.	PROPN
faba-266	212	5	,	,	PUNCT
faba-266	212	6	s.	s.	PROPN
faba-266	212	7	chen	chen	PROPN
faba-266	212	8	,	,	PUNCT
faba-266	212	9	and	and	CCONJ
faba-266	212	10	k.	k.	PROPN
faba-266	212	11	yeh	yeh	PROPN
faba-266	212	12	.	.	PUNCT
faba-266	213	1	2025	2025	NUM
faba-266	213	2	.	.	PUNCT
faba-266	214	1	does	do	AUX
faba-266	214	2	financial	financial	ADJ
faba-266	214	3	development	development	NOUN
faba-266	214	4	enhance	enhance	VERB
faba-266	214	5	the	the	DET
faba-266	214	6	growth	growth	NOUN
faba-266	214	7	effect	effect	NOUN
faba-266	214	8	of	of	ADP
faba-266	214	9	fdi	fdi	NOUN
faba-266	214	10	?	?	PUNCT
faba-266	215	1	a	a	DET
faba-266	215	2	multidimensional	multidimensional	ADJ
faba-266	215	3	analysis	analysis	NOUN
faba-266	215	4	in	in	ADP
faba-266	215	5	emerging	emerge	VERB
faba-266	215	6	and	and	CCONJ
faba-266	215	7	developing	develop	VERB
faba-266	215	8	asia	asia	PROPN
faba-266	215	9	.	.	PUNCT
faba-266	216	1	international	international	ADJ
faba-266	216	2	journal	journal	NOUN
faba-266	216	3	of	of	ADP
faba-266	216	4	emerging	emerge	VERB
faba-266	216	5	markets	market	NOUN
faba-266	216	6	,	,	PUNCT
faba-266	216	7	20(1	20(1	NUM
faba-266	216	8	):	):	PUNCT
faba-266	216	9	92	92	NUM
faba-266	216	10	-	-	SYM
faba-266	216	11	134	134	NUM
faba-266	216	12	.	.	PUNCT
faba-266	217	1	https://doi.org/10.1108/ijoem-03-2022-0495	https://doi.org/10.1108/ijoem-03-2022-0495	ADJ
faba-266	217	2	arestis	arestis	NOUN
faba-266	217	3	,	,	PUNCT
faba-266	217	4	p.	p.	PROPN
faba-266	217	5	,	,	PUNCT
faba-266	217	6	g.	g.	PROPN
faba-266	217	7	chortareas	chortarea	NOUN
faba-266	217	8	,	,	PUNCT
faba-266	217	9	and	and	CCONJ
faba-266	217	10	g.	g.	PROPN
faba-266	217	11	magkonis	magkonis	PROPN
faba-266	217	12	.	.	PUNCT
faba-266	218	1	2014	2014	NUM
faba-266	218	2	.	.	PUNCT
faba-266	219	1	"	"	PUNCT
faba-266	219	2	the	the	DET
faba-266	219	3	financial	financial	ADJ
faba-266	219	4	development	development	NOUN
faba-266	219	5	and	and	CCONJ
faba-266	219	6	growth	growth	NOUN
faba-266	219	7	nexus	nexus	NOUN
faba-266	219	8	:	:	PUNCT
faba-266	219	9	a	a	DET
faba-266	219	10	metaanalysis	metaanalysis	NOUN
faba-266	219	11	.	.	PUNCT
faba-266	219	12	"	"	PUNCT
faba-266	219	13	journal	journal	NOUN
faba-266	219	14	of	of	ADP
faba-266	219	15	economic	economic	ADJ
faba-266	219	16	surveys	survey	NOUN
faba-266	219	17	29	29	NUM
faba-266	219	18	,	,	PUNCT
faba-266	219	19	no	no	INTJ
faba-266	219	20	.	.	NOUN
faba-266	220	1	3	3	NUM
faba-266	220	2	:	:	PUNCT
faba-266	220	3	549–565	549–565	NUM
faba-266	220	4	.	.	PUNCT
faba-266	221	1	https://doi.org/10.1111/joes.12086	https://doi.org/10.1111/joes.12086	PROPN
faba-266	221	2	asante	asante	PROPN
faba-266	221	3	,	,	PUNCT
faba-266	221	4	g.	g.	PROPN
faba-266	221	5	n.	n.	PROPN
faba-266	221	6	,	,	PUNCT
faba-266	221	7	paul	paul	PROPN
faba-266	221	8	o.	o.	PROPN
faba-266	221	9	t.	t.	PROPN
faba-266	221	10	,	,	PUNCT
faba-266	221	11	and	and	CCONJ
faba-266	221	12	g.	g.	PROPN
faba-266	221	13	mensah	mensah	PROPN
faba-266	221	14	.	.	PUNCT
faba-266	222	1	2023	2023	NUM
faba-266	222	2	.	.	PUNCT
faba-266	223	1	the	the	DET
faba-266	223	2	impact	impact	NOUN
faba-266	223	3	of	of	ADP
faba-266	223	4	financial	financial	ADJ
faba-266	223	5	development	development	NOUN
faba-266	223	6	on	on	ADP
faba-266	223	7	economic	economic	ADJ
faba-266	223	8	growth	growth	NOUN
faba-266	223	9	in	in	ADP
faba-266	223	10	sub	sub	ADJ
faba-266	223	11	-	-	ADJ
faba-266	223	12	saharan	saharan	ADJ
faba-266	223	13	africa	africa	PROPN
faba-266	223	14	.	.	PUNCT
faba-266	224	1	does	do	VERB
faba-266	224	2	institutional	institutional	ADJ
faba-266	224	3	quality	quality	NOUN
faba-266	224	4	matter	matter	NOUN
faba-266	224	5	?	?	PUNCT
faba-266	225	1	development	development	NOUN
faba-266	225	2	studies	study	NOUN
faba-266	225	3	research	research	NOUN
faba-266	225	4	,	,	PUNCT
faba-266	225	5	10(1	10(1	NUM
faba-266	225	6	):	):	PUNCT
faba-266	225	7	1	1	NUM
faba-266	225	8	-	-	SYM
faba-266	225	9	13	13	NUM
faba-266	225	10	.	.	PUNCT
faba-266	226	1	https://doi.org/10.1080/21665095.2022.2156904	https://doi.org/10.1080/21665095.2022.2156904	PROPN
faba-266	226	2	bijlsma	bijlsma	PROPN
faba-266	226	3	,	,	PUNCT
faba-266	226	4	m.	m.	NOUN
faba-266	226	5	,	,	PUNCT
faba-266	226	6	c.	c.	PROPN
faba-266	226	7	kool	kool	PROPN
faba-266	226	8	,	,	PUNCT
faba-266	226	9	and	and	CCONJ
faba-266	226	10	m.	m.	NOUN
faba-266	226	11	non	non	PROPN
faba-266	226	12	.	.	PROPN
faba-266	226	13	2018	2018	NUM
faba-266	226	14	.	.	PUNCT
faba-266	227	1	the	the	DET
faba-266	227	2	effect	effect	NOUN
faba-266	227	3	of	of	ADP
faba-266	227	4	financial	financial	ADJ
faba-266	227	5	development	development	NOUN
faba-266	227	6	on	on	ADP
faba-266	227	7	economic	economic	ADJ
faba-266	227	8	growth	growth	NOUN
faba-266	227	9	:	:	PUNCT
faba-266	227	10	a	a	DET
faba-266	227	11	metaanalysis	metaanalysis	NOUN
faba-266	227	12	.	.	PUNCT
faba-266	228	1	applied	apply	VERB
faba-266	228	2	economics	economic	NOUN
faba-266	228	3	,	,	PUNCT
faba-266	228	4	50(57	50(57	NUM
faba-266	228	5	):	):	PUNCT
faba-266	228	6	1	1	NUM
faba-266	228	7	-	-	SYM
faba-266	228	8	21	21	NUM
faba-266	228	9	.	.	PUNCT
faba-266	229	1	https://doi.org/10.1080/00036846.2018.1489503	https://doi.org/10.1080/00036846.2018.1489503	PROPN
faba-266	229	2	bist	bist	PROPN
faba-266	229	3	,	,	PUNCT
faba-266	229	4	j.	j.	PROPN
faba-266	229	5	p.	p.	PROPN
faba-266	229	6	,	,	PUNCT
faba-266	229	7	and	and	CCONJ
faba-266	229	8	r.	r.	PROPN
faba-266	229	9	read	read	PROPN
faba-266	229	10	.	.	PUNCT
faba-266	230	1	2018	2018	NUM
faba-266	230	2	.	.	PUNCT
faba-266	231	1	financial	financial	ADJ
faba-266	231	2	development	development	NOUN
faba-266	231	3	and	and	CCONJ
faba-266	231	4	economic	economic	ADJ
faba-266	231	5	growth	growth	NOUN
faba-266	231	6	:	:	PUNCT
faba-266	231	7	evidence	evidence	NOUN
faba-266	231	8	from	from	ADP
faba-266	231	9	a	a	DET
faba-266	231	10	panel	panel	NOUN
faba-266	231	11	of	of	ADP
faba-266	231	12	16	16	NUM
faba-266	231	13	african	african	ADJ
faba-266	231	14	and	and	CCONJ
faba-266	231	15	non	non	ADJ
faba-266	231	16	-	-	ADJ
faba-266	231	17	african	african	ADJ
faba-266	231	18	low	low	ADJ
faba-266	231	19	-	-	PUNCT
faba-266	231	20	income	income	NOUN
faba-266	231	21	countries	country	NOUN
faba-266	231	22	.	.	PUNCT
faba-266	232	1	cogent	cogent	NOUN
faba-266	232	2	economics	economics	PROPN
faba-266	232	3	&	&	CCONJ
faba-266	232	4	finance	finance	PROPN
faba-266	232	5	,	,	PUNCT
faba-266	232	6	6(1	6(1	NUM
faba-266	232	7	):	):	PUNCT
faba-266	232	8	1	1	NUM
faba-266	232	9	-	-	SYM
faba-266	232	10	17	17	NUM
faba-266	232	11	.	.	PUNCT
faba-266	233	1	https://doi.org/10.1080/23322039.2018.1449780	https://doi.org/10.1080/23322039.2018.1449780	PROPN
faba-266	233	2	b.i.z	b.i.z	NOUN
faba-266	233	3	..	..	SYM
faba-266	233	4	mennad	mennad	PROPN
faba-266	233	5	,	,	PUNCT
faba-266	233	6	a.	a.	NOUN
faba-266	233	7	meskini	meskini	NOUN
faba-266	233	8	,	,	PUNCT
faba-266	233	9	a.	a.	NOUN
faba-266	233	10	benhaddou	benhaddou	NOUN
faba-266	233	11	/	/	SYM
faba-266	233	12	finance	finance	NOUN
faba-266	233	13	,	,	PUNCT
faba-266	233	14	accounting	accounting	NOUN
faba-266	233	15	and	and	CCONJ
faba-266	233	16	business	business	NOUN
faba-266	233	17	analysis	analysis	NOUN
faba-266	233	18	,	,	PUNCT
faba-266	233	19	volume	volume	NOUN
faba-266	233	20	7	7	NUM
faba-266	233	21	,	,	PUNCT
faba-266	233	22	issue	issue	NOUN
faba-266	233	23	1	1	NUM
faba-266	233	24	,	,	PUNCT
faba-266	233	25	2025	2025	NUM
faba-266	233	26	108	108	NUM
faba-266	233	27	el	el	PROPN
faba-266	233	28	menyari	menyari	PROPN
faba-266	233	29	,	,	PUNCT
faba-266	233	30	y.	y.	PROPN
faba-266	233	31	2019	2019	NUM
faba-266	233	32	.	.	PUNCT
faba-266	234	1	financial	financial	ADJ
faba-266	234	2	development	development	NOUN
faba-266	234	3	,	,	PUNCT
faba-266	234	4	foreign	foreign	ADJ
faba-266	234	5	banks	bank	NOUN
faba-266	234	6	and	and	CCONJ
faba-266	234	7	economic	economic	ADJ
faba-266	234	8	growth	growth	NOUN
faba-266	234	9	in	in	ADP
faba-266	234	10	africa	africa	PROPN
faba-266	234	11	.	.	PUNCT
faba-266	235	1	african	african	PROPN
faba-266	235	2	development	development	PROPN
faba-266	235	3	review	review	PROPN
faba-266	235	4	,	,	PUNCT
faba-266	235	5	31(2	31(2	NUM
faba-266	235	6	):	):	PUNCT
faba-266	235	7	190	190	NUM
faba-266	235	8	-	-	PUNCT
faba-266	235	9	201	201	NUM
faba-266	235	10	.	.	PUNCT
faba-266	236	1	https://doi.org/10.1111/1467-8268.12377	https://doi.org/10.1111/1467-8268.12377	NOUN
faba-266	236	2	fengju	fengju	NOUN
faba-266	236	3	,	,	PUNCT
faba-266	236	4	x.	x.	NOUN
faba-266	236	5	,	,	PUNCT
faba-266	236	6	and	and	CCONJ
faba-266	236	7	a.	a.	NOUN
faba-266	236	8	wubishet	wubishet	NOUN
faba-266	236	9	.	.	PUNCT
faba-266	237	1	2024	2024	NUM
faba-266	237	2	.	.	PUNCT
faba-266	238	1	analysis	analysis	NOUN
faba-266	238	2	of	of	ADP
faba-266	238	3	the	the	DET
faba-266	238	4	impacts	impact	NOUN
faba-266	238	5	of	of	ADP
faba-266	238	6	financial	financial	ADJ
faba-266	238	7	development	development	NOUN
faba-266	238	8	on	on	ADP
faba-266	238	9	economic	economic	ADJ
faba-266	238	10	growth	growth	NOUN
faba-266	238	11	in	in	ADP
faba-266	238	12	east	east	PROPN
faba-266	238	13	africa	africa	PROPN
faba-266	238	14	:	:	PUNCT
faba-266	238	15	how	how	SCONJ
faba-266	238	16	do	do	AUX
faba-266	238	17	the	the	DET
faba-266	238	18	institutional	institutional	ADJ
faba-266	238	19	qualities	quality	NOUN
faba-266	238	20	matter	matter	VERB
faba-266	238	21	?	?	PUNCT
faba-266	239	1	economic	economic	ADJ
faba-266	239	2	analysis	analysis	NOUN
faba-266	239	3	and	and	CCONJ
faba-266	239	4	policy	policy	NOUN
faba-266	239	5	,	,	PUNCT
faba-266	239	6	82	82	NUM
faba-266	239	7	:	:	SYM
faba-266	239	8	1177	1177	NUM
faba-266	239	9	-	-	SYM
faba-266	239	10	1189	1189	NUM
faba-266	239	11	.	.	PUNCT
faba-266	240	1	https://doi.org/10.1016/j.eap.2024.04.002	https://doi.org/10.1016/j.eap.2024.04.002	PROPN
faba-266	240	2	hausman	hausman	PROPN
faba-266	240	3	,	,	PUNCT
faba-266	240	4	j.	j.	PROPN
faba-266	240	5	a.	a.	PROPN
faba-266	240	6	1978	1978	NUM
faba-266	240	7	.	.	PUNCT
faba-266	241	1	specification	specification	NOUN
faba-266	241	2	tests	test	NOUN
faba-266	241	3	in	in	ADP
faba-266	241	4	econometrics	econometric	NOUN
faba-266	241	5	.	.	PUNCT
faba-266	242	1	econometrica	econometrica	PROPN
faba-266	242	2	,	,	PUNCT
faba-266	242	3	46(6	46(6	NOUN
faba-266	242	4	):	):	PUNCT
faba-266	242	5	1251	1251	NUM
faba-266	242	6	-	-	SYM
faba-266	242	7	1271	1271	NUM
faba-266	242	8	.	.	PUNCT
faba-266	243	1	https://doi.org/10.2307/1913827	https://doi.org/10.2307/1913827	X
faba-266	243	2	ibrahim	ibrahim	PROPN
faba-266	243	3	,	,	PUNCT
faba-266	243	4	m.	m.	NOUN
faba-266	243	5	,	,	PUNCT
faba-266	243	6	and	and	CCONJ
faba-266	243	7	p.	p.	NOUN
faba-266	243	8	alagidede	alagidede	NOUN
faba-266	243	9	.	.	PUNCT
faba-266	244	1	2018	2018	NUM
faba-266	244	2	.	.	PUNCT
faba-266	245	1	effect	effect	NOUN
faba-266	245	2	of	of	ADP
faba-266	245	3	financial	financial	ADJ
faba-266	245	4	development	development	NOUN
faba-266	245	5	on	on	ADP
faba-266	245	6	economic	economic	ADJ
faba-266	245	7	growth	growth	NOUN
faba-266	245	8	in	in	ADP
faba-266	245	9	sub	sub	ADJ
faba-266	245	10	-	-	ADJ
faba-266	245	11	saharan	saharan	ADJ
faba-266	245	12	africa	africa	PROPN
faba-266	245	13	.	.	PUNCT
faba-266	246	1	journal	journal	PROPN
faba-266	246	2	of	of	ADP
faba-266	246	3	policy	policy	NOUN
faba-266	246	4	modeling	modeling	NOUN
faba-266	246	5	,	,	PUNCT
faba-266	246	6	40(6	40(6	NOUN
faba-266	246	7	):	):	PUNCT
faba-266	246	8	1104	1104	NUM
faba-266	246	9	-	-	SYM
faba-266	246	10	1125	1125	NUM
faba-266	246	11	.	.	PUNCT
faba-266	247	1	https://doi.org/10.1016/j.jpolmod.2018.08.001	https://doi.org/10.1016/j.jpolmod.2018.08.001	PROPN
faba-266	247	2	i	i	NOUN
faba-266	247	3	m	m	PROPN
faba-266	247	4	,	,	PUNCT
faba-266	247	5	k.	k.	PROPN
faba-266	247	6	s.	s.	PROPN
faba-266	247	7	,	,	PUNCT
faba-266	247	8	m.	m.	PROPN
faba-266	247	9	h.	h.	PROPN
faba-266	247	10	pesaran	pesaran	PROPN
faba-266	247	11	,	,	PUNCT
faba-266	247	12	and	and	CCONJ
faba-266	247	13	y.	y.	PROPN
faba-266	247	14	shin	shin	PROPN
faba-266	247	15	.	.	PUNCT
faba-266	248	1	2003	2003	NUM
faba-266	248	2	.	.	PUNCT
faba-266	249	1	testing	test	VERB
faba-266	249	2	for	for	ADP
faba-266	249	3	unit	unit	NOUN
faba-266	249	4	roots	root	NOUN
faba-266	249	5	in	in	ADP
faba-266	249	6	heterogeneous	heterogeneous	ADJ
faba-266	249	7	panels	panel	NOUN
faba-266	249	8	.	.	PUNCT
faba-266	250	1	journal	journal	PROPN
faba-266	250	2	of	of	ADP
faba-266	250	3	econometrics	econometric	NOUN
faba-266	250	4	,	,	PUNCT
faba-266	250	5	115(1	115(1	NUM
faba-266	250	6	):	):	PUNCT
faba-266	250	7	53	53	NUM
faba-266	250	8	-	-	SYM
faba-266	250	9	74	74	NUM
faba-266	250	10	.	.	PUNCT
faba-266	251	1	https://doi.org/10.1016/s0304-4076(03)00092-7	https://doi.org/10.1016/s0304-4076(03)00092-7	PROPN
faba-266	251	2	imf	imf	PROPN
faba-266	251	3	.	.	PROPN
faba-266	251	4	2022	2022	NUM
faba-266	251	5	.	.	PUNCT
faba-266	252	1	financial	financial	ADJ
faba-266	252	2	development	development	PROPN
faba-266	252	3	index	index	NOUN
faba-266	252	4	database	database	NOUN
faba-266	252	5	.	.	PUNCT
faba-266	253	1	https://data.imf.org/.	https://data.imf.org/.	PROPN
faba-266	253	2	kao	kao	PROPN
faba-266	253	3	,	,	PUNCT
faba-266	253	4	c.	c.	PROPN
faba-266	253	5	1999	1999	NUM
faba-266	253	6	.	.	PUNCT
faba-266	254	1	spurious	spurious	ADJ
faba-266	254	2	regression	regression	NOUN
faba-266	254	3	and	and	CCONJ
faba-266	254	4	residual	residual	ADJ
faba-266	254	5	-	-	PUNCT
faba-266	254	6	based	base	VERB
faba-266	254	7	tests	test	NOUN
faba-266	254	8	for	for	ADP
faba-266	254	9	cointegration	cointegration	NOUN
faba-266	254	10	in	in	ADP
faba-266	254	11	panel	panel	NOUN
faba-266	254	12	data	datum	NOUN
faba-266	254	13	.	.	PUNCT
faba-266	255	1	journal	journal	PROPN
faba-266	255	2	of	of	ADP
faba-266	255	3	econometrics	econometric	NOUN
faba-266	255	4	,	,	PUNCT
faba-266	255	5	90(1	90(1	NUM
faba-266	255	6	):	):	PUNCT
faba-266	255	7	1	1	NUM
faba-266	255	8	-	-	SYM
faba-266	255	9	44	44	NUM
faba-266	255	10	.	.	PUNCT
faba-266	256	1	https://doi.org/10.1016/s0304-4076(98)00023-2	https://doi.org/10.1016/s0304-4076(98)00023-2	PROPN
faba-266	256	2	levin	levin	PROPN
faba-266	256	3	,	,	PUNCT
faba-266	256	4	a.	a.	PROPN
faba-266	256	5	,	,	PUNCT
faba-266	256	6	c.	c.	PROPN
faba-266	256	7	lin	lin	PROPN
faba-266	256	8	,	,	PUNCT
faba-266	256	9	and	and	CCONJ
faba-266	256	10	c.	c.	PROPN
faba-266	256	11	j.	j.	PROPN
faba-266	256	12	chu	chu	PROPN
faba-266	256	13	.	.	PROPN
faba-266	256	14	2002	2002	NUM
faba-266	256	15	.	.	PUNCT
faba-266	257	1	unit	unit	NOUN
faba-266	257	2	root	root	NOUN
faba-266	257	3	tests	test	NOUN
faba-266	257	4	in	in	ADP
faba-266	257	5	panel	panel	NOUN
faba-266	257	6	data	datum	NOUN
faba-266	257	7	:	:	PUNCT
faba-266	257	8	asymptotic	asymptotic	ADJ
faba-266	257	9	and	and	CCONJ
faba-266	257	10	finite	finite	ADJ
faba-266	257	11	-	-	PUNCT
faba-266	257	12	sample	sample	NOUN
faba-266	257	13	properties	property	NOUN
faba-266	257	14	.	.	PUNCT
faba-266	258	1	journal	journal	PROPN
faba-266	258	2	of	of	ADP
faba-266	258	3	econometrics	econometric	NOUN
faba-266	258	4	,	,	PUNCT
faba-266	258	5	108(1	108(1	NUM
faba-266	258	6	):	):	PUNCT
faba-266	258	7	1	1	NUM
faba-266	258	8	-	-	SYM
faba-266	258	9	24	24	NUM
faba-266	258	10	.	.	PUNCT
faba-266	259	1	https://doi.org/10.1016/s0304-4076(01)00098-7	https://doi.org/10.1016/s0304-4076(01)00098-7	PROPN
faba-266	259	2	levine	levine	PROPN
faba-266	259	3	,	,	PUNCT
faba-266	259	4	r.	r.	PROPN
faba-266	259	5	1999	1999	NUM
faba-266	259	6	.	.	PUNCT
faba-266	260	1	law	law	NOUN
faba-266	260	2	,	,	PUNCT
faba-266	260	3	finance	finance	NOUN
faba-266	260	4	,	,	PUNCT
faba-266	260	5	and	and	CCONJ
faba-266	260	6	economic	economic	ADJ
faba-266	260	7	growth	growth	NOUN
faba-266	260	8	.	.	PUNCT
faba-266	261	1	journal	journal	NOUN
faba-266	261	2	of	of	ADP
faba-266	261	3	financial	financial	ADJ
faba-266	261	4	intermediation	intermediation	NOUN
faba-266	261	5	,	,	PUNCT
faba-266	261	6	8(1	8(1	NOUN
faba-266	261	7	-	-	SYM
faba-266	261	8	2	2	NUM
faba-266	261	9	):	):	PUNCT
faba-266	261	10	8	8	NUM
faba-266	261	11	-	-	SYM
faba-266	261	12	35	35	NUM
faba-266	261	13	.	.	PUNCT
faba-266	262	1	https://doi.org/10.1006/jfin.1998.0255	https://doi.org/10.1006/jfin.1998.0255	PROPN
faba-266	262	2	mengesha	mengesha	PROPN
faba-266	262	3	,	,	PUNCT
faba-266	262	4	s.	s.	PROPN
faba-266	262	5	t.	t.	PROPN
faba-266	262	6	,	,	PUNCT
faba-266	262	7	and	and	CCONJ
faba-266	262	8	e.	e.	PROPN
faba-266	262	9	berde	berde	PROPN
faba-266	262	10	.	.	PROPN
faba-266	263	1	2023	2023	NUM
faba-266	263	2	.	.	PUNCT
faba-266	264	1	financial	financial	ADJ
faba-266	264	2	development	development	NOUN
faba-266	264	3	and	and	CCONJ
faba-266	264	4	economic	economic	ADJ
faba-266	264	5	growth	growth	NOUN
faba-266	264	6	in	in	ADP
faba-266	264	7	ethiopia	ethiopia	PROPN
faba-266	264	8	:	:	PUNCT
faba-266	264	9	is	be	AUX
faba-266	264	10	there	there	PRON
faba-266	264	11	a	a	DET
faba-266	264	12	causal	causal	ADJ
faba-266	264	13	link	link	NOUN
faba-266	264	14	?	?	PUNCT
faba-266	265	1	cogent	cogent	NOUN
faba-266	265	2	economics	economics	PROPN
faba-266	265	3	&	&	CCONJ
faba-266	265	4	finance	finance	PROPN
faba-266	265	5	,	,	PUNCT
faba-266	265	6	11(2	11(2	NUM
faba-266	265	7	):	):	PUNCT
faba-266	265	8	1	1	NUM
faba-266	265	9	-	-	SYM
faba-266	265	10	26	26	NUM
faba-266	265	11	.	.	PUNCT
faba-266	266	1	https://doi.org/10.1080/23322039.2023.2245309	https://doi.org/10.1080/23322039.2023.2245309	NOUN
faba-266	266	2	mlambo	mlambo	PROPN
faba-266	266	3	,	,	PUNCT
faba-266	266	4	c.	c.	PROPN
faba-266	266	5	2024	2024	NUM
faba-266	266	6	.	.	PUNCT
faba-266	267	1	financial	financial	ADJ
faba-266	267	2	development	development	NOUN
faba-266	267	3	and	and	CCONJ
faba-266	267	4	economic	economic	ADJ
faba-266	267	5	growth	growth	NOUN
faba-266	267	6	:	:	PUNCT
faba-266	267	7	evidence	evidence	NOUN
faba-266	267	8	from	from	ADP
faba-266	267	9	low	low	ADJ
faba-266	267	10	-	-	PUNCT
faba-266	267	11	income	income	NOUN
faba-266	267	12	nations	nation	NOUN
faba-266	267	13	in	in	ADP
faba-266	267	14	the	the	DET
faba-266	267	15	sadc	sadc	PROPN
faba-266	267	16	region	region	NOUN
faba-266	267	17	.	.	PUNCT
faba-266	268	1	international	international	ADJ
faba-266	268	2	journal	journal	PROPN
faba-266	268	3	of	of	ADP
faba-266	268	4	financial	financial	ADJ
faba-266	268	5	studies	study	NOUN
faba-266	268	6	,	,	PUNCT
faba-266	268	7	12(3	12(3	NUM
faba-266	268	8	):	):	PUNCT
faba-266	268	9	1	1	NUM
faba-266	268	10	-	-	SYM
faba-266	268	11	16	16	NUM
faba-266	268	12	.	.	PUNCT
faba-266	269	1	https://doi.org/10.3390/ijfs12030062	https://doi.org/10.3390/ijfs12030062	NOUN
faba-266	269	2	omri	omri	PROPN
faba-266	269	3	,	,	PUNCT
faba-266	269	4	a.	a.	PROPN
faba-266	269	5	,	,	PUNCT
faba-266	269	6	s.	s.	PROPN
faba-266	269	7	daly	daly	PROPN
faba-266	269	8	,	,	PUNCT
faba-266	269	9	c.	c.	PROPN
faba-266	269	10	rault	rault	NOUN
faba-266	269	11	,	,	PUNCT
faba-266	269	12	and	and	CCONJ
faba-266	269	13	a.	a.	NOUN
faba-266	269	14	chaibi	chaibi	NOUN
faba-266	269	15	.	.	PUNCT
faba-266	270	1	2015	2015	NUM
faba-266	270	2	.	.	PUNCT
faba-266	271	1	financial	financial	ADJ
faba-266	271	2	development	development	NOUN
faba-266	271	3	,	,	PUNCT
faba-266	271	4	environmental	environmental	ADJ
faba-266	271	5	quality	quality	NOUN
faba-266	271	6	,	,	PUNCT
faba-266	271	7	trade	trade	NOUN
faba-266	271	8	and	and	CCONJ
faba-266	271	9	economic	economic	ADJ
faba-266	271	10	growth	growth	NOUN
faba-266	271	11	:	:	PUNCT
faba-266	271	12	what	what	PRON
faba-266	271	13	causes	cause	VERB
faba-266	271	14	what	what	PRON
faba-266	271	15	in	in	ADP
faba-266	271	16	mena	mena	PROPN
faba-266	271	17	countries	countries	PROPN
faba-266	271	18	.	.	PUNCT
faba-266	272	1	iza	iza	PROPN
faba-266	272	2	discussion	discussion	PROPN
faba-266	272	3	paper	paper	PROPN
faba-266	272	4	no	no	INTJ
faba-266	272	5	.	.	PROPN
faba-266	272	6	8868	8868	NUM
faba-266	272	7	.	.	PUNCT
faba-266	273	1	32	32	NUM
faba-266	273	2	.	.	X
faba-266	273	3	https://dx.doi.org/10.2139/ssrn.2575048	https://dx.doi.org/10.2139/ssrn.2575048	ADP
faba-266	273	4	pedroni	pedroni	NOUN
faba-266	273	5	,	,	PUNCT
faba-266	273	6	p.	p.	NOUN
faba-266	273	7	2004	2004	NUM
faba-266	273	8	.	.	PUNCT
faba-266	274	1	panel	panel	NOUN
faba-266	274	2	cointegration	cointegration	NOUN
faba-266	274	3	:	:	PUNCT
faba-266	274	4	asymptotic	asymptotic	ADJ
faba-266	274	5	and	and	CCONJ
faba-266	274	6	finite	finite	ADJ
faba-266	274	7	sample	sample	NOUN
faba-266	274	8	properties	property	NOUN
faba-266	274	9	of	of	ADP
faba-266	274	10	pooled	pool	VERB
faba-266	274	11	time	time	NOUN
faba-266	274	12	series	series	NOUN
faba-266	274	13	tests	test	VERB
faba-266	274	14	with	with	ADP
faba-266	274	15	an	an	DET
faba-266	274	16	application	application	NOUN
faba-266	274	17	to	to	ADP
faba-266	274	18	the	the	DET
faba-266	274	19	ppp	ppp	PROPN
faba-266	274	20	hypothesis	hypothesis	NOUN
faba-266	274	21	.	.	PUNCT
faba-266	275	1	econometric	econometric	PROPN
faba-266	275	2	theory	theory	NOUN
faba-266	275	3	,	,	PUNCT
faba-266	275	4	20(3	20(3	NOUN
faba-266	275	5	):	):	PUNCT
faba-266	275	6	597	597	NUM
faba-266	275	7	-	-	SYM
faba-266	275	8	625	625	NUM
faba-266	275	9	.	.	PUNCT
faba-266	276	1	https://doi.org/10.1017/s0266466604203073	https://doi.org/10.1017/s0266466604203073	NUM
faba-266	276	2	pesaran	pesaran	VERB
faba-266	276	3	,	,	PUNCT
faba-266	276	4	h.	h.	PROPN
faba-266	276	5	,	,	PUNCT
faba-266	276	6	y.	y.	PROPN
faba-266	276	7	shin	shin	PROPN
faba-266	276	8	,	,	PUNCT
faba-266	276	9	and	and	CCONJ
faba-266	276	10	r.	r.	PROPN
faba-266	276	11	smith	smith	PROPN
faba-266	276	12	.	.	PUNCT
faba-266	276	13	1999	1999	NUM
faba-266	276	14	.	.	PUNCT
faba-266	277	1	pooled	pool	VERB
faba-266	277	2	mean	mean	PROPN
faba-266	277	3	group	group	NOUN
faba-266	277	4	estimation	estimation	NOUN
faba-266	277	5	of	of	ADP
faba-266	277	6	dynamic	dynamic	ADJ
faba-266	277	7	heterogeneous	heterogeneous	ADJ
faba-266	277	8	panels	panel	NOUN
faba-266	277	9	.	.	PUNCT
faba-266	278	1	journal	journal	NOUN
faba-266	278	2	of	of	ADP
faba-266	278	3	the	the	DET
faba-266	278	4	american	american	PROPN
faba-266	278	5	statistical	statistical	PROPN
faba-266	278	6	association	association	PROPN
faba-266	278	7	,	,	PUNCT
faba-266	278	8	94(446	94(446	NOUN
faba-266	278	9	):	):	PUNCT
faba-266	278	10	621	621	NUM
faba-266	278	11	-	-	SYM
faba-266	278	12	634	634	NUM
faba-266	278	13	.	.	PUNCT
faba-266	279	1	https://doi.org/10.1080/01621459.1999.10474156	https://doi.org/10.1080/01621459.1999.10474156	PROPN
faba-266	279	2	song	song	PROPN
faba-266	279	3	,	,	PUNCT
faba-266	279	4	c.	c.	PROPN
faba-266	279	5	,	,	PUNCT
faba-266	279	6	c.	c.	PROPN
faba-266	279	7	chang	chang	PROPN
faba-266	279	8	,	,	PUNCT
faba-266	279	9	and	and	CCONJ
faba-266	279	10	q.	q.	PROPN
faba-266	279	11	gong	gong	PROPN
faba-266	279	12	.	.	PUNCT
faba-266	279	13	2021	2021	NUM
faba-266	279	14	.	.	PUNCT
faba-266	280	1	economic	economic	ADJ
faba-266	280	2	growth	growth	NOUN
faba-266	280	3	,	,	PUNCT
faba-266	280	4	corruption	corruption	NOUN
faba-266	280	5	,	,	PUNCT
faba-266	280	6	and	and	CCONJ
faba-266	280	7	financial	financial	ADJ
faba-266	280	8	development	development	NOUN
faba-266	280	9	:	:	PUNCT
faba-266	280	10	global	global	ADJ
faba-266	280	11	evidence	evidence	NOUN
faba-266	280	12	.	.	PUNCT
faba-266	281	1	economic	economic	ADJ
faba-266	281	2	modelling	modelling	NOUN
faba-266	281	3	,	,	PUNCT
faba-266	281	4	94	94	NUM
faba-266	281	5	:	:	PUNCT
faba-266	281	6	822	822	NUM
faba-266	281	7	-	-	SYM
faba-266	281	8	830	830	NUM
faba-266	281	9	.	.	PUNCT
faba-266	282	1	https://doi.org/10.1016/j.econmod.2020.02.022	https://doi.org/10.1016/j.econmod.2020.02.022	PROPN
faba-266	282	2	ustarz	ustarz	PROPN
faba-266	282	3	,	,	PUNCT
faba-266	282	4	y.	y.	PROPN
faba-266	282	5	,	,	PUNCT
faba-266	282	6	a.	a.	PROPN
faba-266	282	7	b.	b.	PROPN
faba-266	282	8	fanta	fanta	PROPN
faba-266	282	9	,	,	PUNCT
faba-266	282	10	and	and	CCONJ
faba-266	282	11	w.	w.	PROPN
faba-266	282	12	c.	c.	PROPN
faba-266	282	13	poon	poon	NOUN
faba-266	282	14	.	.	PUNCT
faba-266	282	15	2021	2021	NUM
faba-266	282	16	.	.	PUNCT
faba-266	283	1	financial	financial	ADJ
faba-266	283	2	development	development	NOUN
faba-266	283	3	and	and	CCONJ
faba-266	283	4	economic	economic	ADJ
faba-266	283	5	growth	growth	NOUN
faba-266	283	6	in	in	ADP
faba-266	283	7	subsaharan	subsaharan	PROPN
faba-266	283	8	africa	africa	PROPN
faba-266	283	9	:	:	PUNCT
faba-266	283	10	a	a	DET
faba-266	283	11	sectoral	sectoral	ADJ
faba-266	283	12	perspective	perspective	NOUN
faba-266	283	13	.	.	PUNCT
faba-266	284	1	cogent	cogent	NOUN
faba-266	284	2	economics	economics	PROPN
faba-266	284	3	&	&	CCONJ
faba-266	284	4	finance	finance	PROPN
faba-266	284	5	,	,	PUNCT
faba-266	284	6	9(1	9(1	NUM
faba-266	284	7	):	):	PUNCT
faba-266	284	8	1	1	NUM
faba-266	284	9	-	-	SYM
faba-266	284	10	21	21	NUM
faba-266	284	11	.	.	PUNCT
faba-266	285	1	https://doi.org/10.1080/23322039.2021.1934976	https://doi.org/10.1080/23322039.2021.1934976	PROPN
faba-266	285	2	valickova	valickova	PROPN
faba-266	285	3	,	,	PUNCT
faba-266	285	4	p.	p.	NOUN
faba-266	285	5	,	,	PUNCT
faba-266	285	6	t.	t.	PROPN
faba-266	285	7	havranek	havranek	PROPN
faba-266	285	8	,	,	PUNCT
faba-266	285	9	and	and	CCONJ
faba-266	285	10	r.	r.	PROPN
faba-266	285	11	horvath	horvath	PROPN
faba-266	285	12	.	.	PUNCT
faba-266	286	1	2014	2014	NUM
faba-266	286	2	.	.	PUNCT
faba-266	287	1	financial	financial	ADJ
faba-266	287	2	development	development	NOUN
faba-266	287	3	and	and	CCONJ
faba-266	287	4	economic	economic	ADJ
faba-266	287	5	growth	growth	NOUN
faba-266	287	6	:	:	PUNCT
faba-266	287	7	a	a	DET
faba-266	287	8	metaanalysis	metaanalysis	NOUN
faba-266	287	9	.	.	PUNCT
faba-266	287	10	"	"	PUNCT
faba-266	287	11	journal	journal	NOUN
faba-266	287	12	of	of	ADP
faba-266	287	13	economic	economic	ADJ
faba-266	287	14	surveys	survey	NOUN
faba-266	287	15	,	,	PUNCT
faba-266	287	16	29(3	29(3	NUM
faba-266	287	17	):	):	PUNCT
faba-266	287	18	506	506	NUM
faba-266	287	19	-	-	SYM
faba-266	287	20	526	526	NUM
faba-266	287	21	.	.	PUNCT
faba-266	288	1	https://doi.org/10.1111/joes.12068	https://doi.org/10.1111/joes.12068	PROPN
faba-266	288	2	world	world	PROPN
faba-266	288	3	bank	bank	PROPN
faba-266	288	4	.	.	PUNCT
faba-266	289	1	2022	2022	NUM
faba-266	289	2	.	.	PUNCT
faba-266	290	1	world	world	NOUN
faba-266	290	2	development	development	NOUN
faba-266	290	3	indicators	indicator	NOUN
faba-266	290	4	.	.	PUNCT
faba-266	291	1	zimu	zimu	NOUN
faba-266	291	2	,	,	PUNCT
faba-266	291	3	s.	s.	PROPN
faba-266	291	4	,	,	PUNCT
faba-266	291	5	and	and	CCONJ
faba-266	291	6	e.	e.	PROPN
faba-266	291	7	godspower	godspower	PROPN
faba-266	291	8	-	-	PUNCT
faba-266	291	9	akpomiemie	akpomiemie	PROPN
faba-266	291	10	.	.	PUNCT
faba-266	292	1	2024	2024	NUM
faba-266	292	2	.	.	PUNCT
faba-266	293	1	the	the	DET
faba-266	293	2	relationship	relationship	NOUN
faba-266	293	3	between	between	ADP
faba-266	293	4	financial	financial	ADJ
faba-266	293	5	development	development	NOUN
faba-266	293	6	and	and	CCONJ
faba-266	293	7	economic	economic	ADJ
faba-266	293	8	growth	growth	NOUN
faba-266	293	9	:	:	PUNCT
faba-266	293	10	a	a	DET
faba-266	293	11	case	case	NOUN
faba-266	293	12	of	of	ADP
faba-266	293	13	south	south	PROPN
faba-266	293	14	africa	africa	PROPN
faba-266	293	15	.	.	PUNCT
faba-266	294	1	african	african	PROPN
faba-266	294	2	review	review	NOUN
faba-266	294	3	of	of	ADP
faba-266	294	4	economics	economic	NOUN
faba-266	294	5	and	and	CCONJ
faba-266	294	6	finance	finance	NOUN
faba-266	294	7	,	,	PUNCT
faba-266	294	8	16(2	16(2	NUM
faba-266	294	9	):	):	PUNCT
faba-266	294	10	211	211	NUM
faba-266	294	11	-	-	SYM
faba-266	294	12	235	235	NUM
faba-266	294	13	.	.	PUNCT
faba-266	295	1	https://hdl.handle.net/10520/ejc-aref_v16_n2_a9	https://hdl.handle.net/10520/ejc-aref_v16_n2_a9	NOUN