id	sid	tid	token	lemma	pos
fbem-11597	1	1	frontiers	frontier	NOUN
fbem-11597	1	2	in	in	ADP
fbem-11597	1	3	business	business	NOUN
fbem-11597	1	4	,	,	PUNCT
fbem-11597	1	5	economics	economic	NOUN
fbem-11597	1	6	and	and	CCONJ
fbem-11597	1	7	management	management	NOUN
fbem-11597	1	8	issn	issn	PROPN
fbem-11597	1	9	:	:	PUNCT
fbem-11597	1	10	2766	2766	NUM
fbem-11597	1	11	-	-	PUNCT
fbem-11597	1	12	824x	824x	NUM
fbem-11597	1	13	|	|	ADJ
fbem-11597	1	14	vol	vol	NOUN
fbem-11597	1	15	.	.	PUNCT
fbem-11597	2	1	11	11	NUM
fbem-11597	2	2	,	,	PUNCT
fbem-11597	2	3	no	no	INTJ
fbem-11597	2	4	.	.	NOUN
fbem-11597	2	5	1	1	NUM
fbem-11597	2	6	,	,	PUNCT
fbem-11597	2	7	2023	2023	NUM
fbem-11597	2	8	18	18	NUM
fbem-11597	2	9	land	land	NOUN
fbem-11597	2	10	financing	financing	NOUN
fbem-11597	2	11	model	model	NOUN
fbem-11597	2	12	and	and	CCONJ
fbem-11597	2	13	local	local	ADJ
fbem-11597	2	14	government	government	NOUN
fbem-11597	2	15	debt	debt	NOUN
fbem-11597	2	16	governance	governance	NOUN
fbem-11597	2	17	:	:	PUNCT
fbem-11597	2	18	an	an	DET
fbem-11597	2	19	empirical	empirical	ADJ
fbem-11597	2	20	study	study	NOUN
fbem-11597	2	21	of	of	ADP
fbem-11597	2	22	prefecture‐level	prefecture‐level	NOUN
fbem-11597	2	23	cities	city	NOUN
fbem-11597	2	24	in	in	ADP
fbem-11597	2	25	china	china	PROPN
fbem-11597	2	26	wenhao	wenhao	PROPN
fbem-11597	2	27	jia1	jia1	PROPN
fbem-11597	2	28	,	,	PUNCT
fbem-11597	2	29	*	*	PROPN
fbem-11597	2	30	,	,	PUNCT
fbem-11597	2	31	yue	yue	PROPN
fbem-11597	2	32	wang2	wang2	PROPN
fbem-11597	3	1	1school	1school	NUM
fbem-11597	3	2	of	of	ADP
fbem-11597	3	3	finance	finance	NOUN
fbem-11597	3	4	,	,	PUNCT
fbem-11597	3	5	chongqing	chongqing	NOUN
fbem-11597	3	6	technology	technology	NOUN
fbem-11597	3	7	and	and	CCONJ
fbem-11597	3	8	business	business	NOUN
fbem-11597	3	9	university	university	NOUN
fbem-11597	3	10	,	,	PUNCT
fbem-11597	3	11	chongqing	chongqing	PROPN
fbem-11597	3	12	,	,	PUNCT
fbem-11597	3	13	400067	400067	NUM
fbem-11597	3	14	,	,	PUNCT
fbem-11597	3	15	china	china	PROPN
fbem-11597	3	16	2school	2school	NUM
fbem-11597	3	17	of	of	ADP
fbem-11597	3	18	business	business	NOUN
fbem-11597	3	19	,	,	PUNCT
fbem-11597	3	20	chongqing	chongqing	PROPN
fbem-11597	3	21	college	college	NOUN
fbem-11597	3	22	of	of	ADP
fbem-11597	3	23	humanities	humanity	NOUN
fbem-11597	3	24	,	,	PUNCT
fbem-11597	3	25	science	science	NOUN
fbem-11597	3	26	&	&	CCONJ
fbem-11597	3	27	technology	technology	PROPN
fbem-11597	3	28	,	,	PUNCT
fbem-11597	3	29	chongqing	chongqing	PROPN
fbem-11597	3	30	,	,	PUNCT
fbem-11597	3	31	401524	401524	NUM
fbem-11597	3	32	,	,	PUNCT
fbem-11597	3	33	china	china	PROPN
fbem-11597	3	34	*	*	PUNCT
fbem-11597	3	35	corresponding	correspond	VERB
fbem-11597	3	36	author	author	NOUN
fbem-11597	3	37	abstract	abstract	NOUN
fbem-11597	3	38	:	:	PUNCT
fbem-11597	3	39	this	this	DET
fbem-11597	3	40	paper	paper	NOUN
fbem-11597	3	41	addresses	address	VERB
fbem-11597	3	42	the	the	DET
fbem-11597	3	43	lack	lack	NOUN
fbem-11597	3	44	of	of	ADP
fbem-11597	3	45	comprehensive	comprehensive	ADJ
fbem-11597	3	46	research	research	NOUN
fbem-11597	3	47	on	on	ADP
fbem-11597	3	48	land	land	NOUN
fbem-11597	3	49	financing	financing	NOUN
fbem-11597	3	50	in	in	ADP
fbem-11597	3	51	relation	relation	NOUN
fbem-11597	3	52	to	to	ADP
fbem-11597	3	53	local	local	ADJ
fbem-11597	3	54	government	government	NOUN
fbem-11597	3	55	debt	debt	NOUN
fbem-11597	3	56	governance	governance	NOUN
fbem-11597	3	57	.	.	PUNCT
fbem-11597	4	1	it	it	PRON
fbem-11597	4	2	examines	examine	VERB
fbem-11597	4	3	two	two	NUM
fbem-11597	4	4	land	land	NOUN
fbem-11597	4	5	financing	financing	NOUN
fbem-11597	4	6	methods	method	NOUN
fbem-11597	4	7	:	:	PUNCT
fbem-11597	4	8	"	"	PUNCT
fbem-11597	4	9	getting	get	VERB
fbem-11597	4	10	revenue	revenue	NOUN
fbem-11597	4	11	by	by	ADP
fbem-11597	4	12	selling	sell	VERB
fbem-11597	4	13	land	land	NOUN
fbem-11597	4	14	"	"	PUNCT
fbem-11597	4	15	and	and	CCONJ
fbem-11597	4	16	"	"	PUNCT
fbem-11597	4	17	land	land	NOUN
fbem-11597	4	18	finance	finance	NOUN
fbem-11597	4	19	,	,	PUNCT
fbem-11597	4	20	"	"	PUNCT
fbem-11597	4	21	using	use	VERB
fbem-11597	4	22	an	an	DET
fbem-11597	4	23	endogenetic	endogenetic	ADJ
fbem-11597	4	24	approach	approach	NOUN
fbem-11597	4	25	.	.	PUNCT
fbem-11597	5	1	the	the	DET
fbem-11597	5	2	study	study	NOUN
fbem-11597	5	3	analyzes	analyze	VERB
fbem-11597	5	4	the	the	DET
fbem-11597	5	5	interactive	interactive	ADJ
fbem-11597	5	6	relationship	relationship	NOUN
fbem-11597	5	7	between	between	ADP
fbem-11597	5	8	local	local	ADJ
fbem-11597	5	9	government	government	NOUN
fbem-11597	5	10	debt	debt	NOUN
fbem-11597	5	11	expansion	expansion	NOUN
fbem-11597	5	12	and	and	CCONJ
fbem-11597	5	13	land	land	NOUN
fbem-11597	5	14	financing	financing	NOUN
fbem-11597	5	15	modes	mode	NOUN
fbem-11597	5	16	using	use	VERB
fbem-11597	5	17	panel	panel	NOUN
fbem-11597	5	18	data	datum	NOUN
fbem-11597	5	19	from	from	ADP
fbem-11597	5	20	chinese	chinese	ADJ
fbem-11597	5	21	prefecture	prefecture	NOUN
fbem-11597	5	22	-	-	PUNCT
fbem-11597	5	23	level	level	NOUN
fbem-11597	5	24	cities	city	NOUN
fbem-11597	5	25	.	.	PUNCT
fbem-11597	6	1	key	key	ADJ
fbem-11597	6	2	findings	finding	NOUN
fbem-11597	6	3	include	include	VERB
fbem-11597	6	4	:	:	PUNCT
fbem-11597	6	5	(	(	PUNCT
fbem-11597	6	6	1	1	X
fbem-11597	6	7	)	)	PUNCT
fbem-11597	6	8	land	land	NOUN
fbem-11597	6	9	financing	financing	NOUN
fbem-11597	6	10	methods	method	NOUN
fbem-11597	6	11	significantly	significantly	ADV
fbem-11597	6	12	increase	increase	VERB
fbem-11597	6	13	local	local	ADJ
fbem-11597	6	14	government	government	NOUN
fbem-11597	6	15	debt	debt	NOUN
fbem-11597	6	16	leverage	leverage	NOUN
fbem-11597	6	17	,	,	PUNCT
fbem-11597	6	18	with	with	ADP
fbem-11597	6	19	varying	vary	VERB
fbem-11597	6	20	performance	performance	NOUN
fbem-11597	6	21	levels	level	NOUN
fbem-11597	6	22	.	.	PUNCT
fbem-11597	7	1	(	(	PUNCT
fbem-11597	7	2	2	2	X
fbem-11597	7	3	)	)	PUNCT
fbem-11597	7	4	regional	regional	ADJ
fbem-11597	7	5	economic	economic	ADJ
fbem-11597	7	6	competition	competition	NOUN
fbem-11597	7	7	and	and	CCONJ
fbem-11597	7	8	financial	financial	ADJ
fbem-11597	7	9	status	status	NOUN
fbem-11597	7	10	influence	influence	VERB
fbem-11597	7	11	the	the	DET
fbem-11597	7	12	interaction	interaction	NOUN
fbem-11597	7	13	between	between	ADP
fbem-11597	7	14	land	land	NOUN
fbem-11597	7	15	financing	financing	NOUN
fbem-11597	7	16	and	and	CCONJ
fbem-11597	7	17	local	local	ADJ
fbem-11597	7	18	debt	debt	NOUN
fbem-11597	7	19	risk	risk	NOUN
fbem-11597	7	20	.	.	PUNCT
fbem-11597	8	1	(	(	PUNCT
fbem-11597	8	2	3	3	X
fbem-11597	8	3	)	)	PUNCT
fbem-11597	8	4	fiscal	fiscal	ADJ
fbem-11597	8	5	and	and	CCONJ
fbem-11597	8	6	financial	financial	ADJ
fbem-11597	8	7	policies	policy	NOUN
fbem-11597	8	8	regulate	regulate	VERB
fbem-11597	8	9	local	local	ADJ
fbem-11597	8	10	government	government	NOUN
fbem-11597	8	11	's	's	PART
fbem-11597	8	12	land	land	NOUN
fbem-11597	8	13	financing	financing	NOUN
fbem-11597	8	14	behavior	behavior	NOUN
fbem-11597	8	15	,	,	PUNCT
fbem-11597	8	16	leading	lead	VERB
fbem-11597	8	17	to	to	ADP
fbem-11597	8	18	diverse	diverse	ADJ
fbem-11597	8	19	approaches	approach	NOUN
fbem-11597	8	20	.	.	PUNCT
fbem-11597	9	1	to	to	PART
fbem-11597	9	2	achieve	achieve	VERB
fbem-11597	9	3	effective	effective	ADJ
fbem-11597	9	4	fiscal	fiscal	ADJ
fbem-11597	9	5	and	and	CCONJ
fbem-11597	9	6	financial	financial	ADJ
fbem-11597	9	7	governance	governance	NOUN
fbem-11597	9	8	,	,	PUNCT
fbem-11597	9	9	it	it	PRON
fbem-11597	9	10	is	be	AUX
fbem-11597	9	11	crucial	crucial	ADJ
fbem-11597	9	12	to	to	PART
fbem-11597	9	13	establish	establish	VERB
fbem-11597	9	14	a	a	DET
fbem-11597	9	15	strong	strong	ADJ
fbem-11597	9	16	connection	connection	NOUN
fbem-11597	9	17	between	between	ADP
fbem-11597	9	18	local	local	ADJ
fbem-11597	9	19	government	government	NOUN
fbem-11597	9	20	debt	debt	NOUN
fbem-11597	9	21	risk	risk	NOUN
fbem-11597	9	22	prevention	prevention	NOUN
fbem-11597	9	23	/	/	SYM
fbem-11597	9	24	control	control	NOUN
fbem-11597	9	25	and	and	CCONJ
fbem-11597	9	26	land	land	NOUN
fbem-11597	9	27	use	use	NOUN
fbem-11597	9	28	mode	mode	NOUN
fbem-11597	9	29	.	.	PUNCT
fbem-11597	10	1	implementing	implement	VERB
fbem-11597	10	2	differentiated	differentiated	ADJ
fbem-11597	10	3	systems	system	NOUN
fbem-11597	10	4	can	can	AUX
fbem-11597	10	5	enhance	enhance	VERB
fbem-11597	10	6	land	land	NOUN
fbem-11597	10	7	use	use	NOUN
fbem-11597	10	8	efficiency	efficiency	NOUN
fbem-11597	10	9	.	.	PUNCT
fbem-11597	11	1	keywords	keyword	NOUN
fbem-11597	11	2	:	:	PUNCT
fbem-11597	11	3	getting	get	VERB
fbem-11597	11	4	revenue	revenue	NOUN
fbem-11597	11	5	by	by	ADP
fbem-11597	11	6	selling	sell	VERB
fbem-11597	11	7	land	land	NOUN
fbem-11597	11	8	,	,	PUNCT
fbem-11597	11	9	land	land	NOUN
fbem-11597	11	10	finance	finance	NOUN
fbem-11597	11	11	,	,	PUNCT
fbem-11597	11	12	local	local	ADJ
fbem-11597	11	13	debt	debt	NOUN
fbem-11597	11	14	,	,	PUNCT
fbem-11597	11	15	collaborative	collaborative	ADJ
fbem-11597	11	16	governance	governance	NOUN
fbem-11597	11	17	.	.	PUNCT
fbem-11597	12	1	1	1	X
fbem-11597	12	2	.	.	X
fbem-11597	12	3	introduction	introduction	NOUN
fbem-11597	12	4	in	in	ADP
fbem-11597	12	5	the	the	DET
fbem-11597	12	6	face	face	NOUN
fbem-11597	12	7	of	of	ADP
fbem-11597	12	8	fierce	fierce	ADJ
fbem-11597	12	9	regional	regional	ADJ
fbem-11597	12	10	economic	economic	ADJ
fbem-11597	12	11	competition	competition	NOUN
fbem-11597	12	12	,	,	PUNCT
fbem-11597	12	13	local	local	ADJ
fbem-11597	12	14	governments	government	NOUN
fbem-11597	12	15	strive	strive	VERB
fbem-11597	12	16	to	to	PART
fbem-11597	12	17	expand	expand	VERB
fbem-11597	12	18	their	their	PRON
fbem-11597	12	19	financial	financial	ADJ
fbem-11597	12	20	sources	source	NOUN
fbem-11597	12	21	and	and	CCONJ
fbem-11597	12	22	increase	increase	VERB
fbem-11597	12	23	revenue	revenue	NOUN
fbem-11597	12	24	.	.	PUNCT
fbem-11597	13	1	one	one	NUM
fbem-11597	13	2	way	way	NOUN
fbem-11597	13	3	they	they	PRON
fbem-11597	13	4	achieve	achieve	VERB
fbem-11597	13	5	this	this	PRON
fbem-11597	13	6	is	be	AUX
fbem-11597	13	7	by	by	ADP
fbem-11597	13	8	issuing	issue	VERB
fbem-11597	13	9	government	government	NOUN
fbem-11597	13	10	debt	debt	NOUN
fbem-11597	13	11	.	.	PUNCT
fbem-11597	14	1	this	this	PRON
fbem-11597	14	2	requires	require	VERB
fbem-11597	14	3	controlling	control	VERB
fbem-11597	14	4	debt	debt	NOUN
fbem-11597	14	5	leverage	leverage	NOUN
fbem-11597	14	6	at	at	ADP
fbem-11597	14	7	reasonable	reasonable	ADJ
fbem-11597	14	8	levels	level	NOUN
fbem-11597	14	9	and	and	CCONJ
fbem-11597	14	10	keeping	keep	VERB
fbem-11597	14	11	local	local	ADJ
fbem-11597	14	12	government	government	NOUN
fbem-11597	14	13	debt	debt	NOUN
fbem-11597	14	14	within	within	ADP
fbem-11597	14	15	acceptable	acceptable	ADJ
fbem-11597	14	16	ranges	range	NOUN
fbem-11597	14	17	.	.	PUNCT
fbem-11597	15	1	therefore	therefore	ADV
fbem-11597	15	2	,	,	PUNCT
fbem-11597	15	3	exploring	explore	VERB
fbem-11597	15	4	the	the	DET
fbem-11597	15	5	operational	operational	ADJ
fbem-11597	15	6	mechanisms	mechanism	NOUN
fbem-11597	15	7	of	of	ADP
fbem-11597	15	8	local	local	ADJ
fbem-11597	15	9	government	government	NOUN
fbem-11597	15	10	debt	debt	NOUN
fbem-11597	15	11	leverage	leverage	NOUN
fbem-11597	15	12	and	and	CCONJ
fbem-11597	15	13	understanding	understand	VERB
fbem-11597	15	14	its	its	PRON
fbem-11597	15	15	role	role	NOUN
fbem-11597	15	16	in	in	ADP
fbem-11597	15	17	fiscal	fiscal	ADJ
fbem-11597	15	18	and	and	CCONJ
fbem-11597	15	19	financial	financial	ADJ
fbem-11597	15	20	policy	policy	NOUN
fbem-11597	15	21	implementation	implementation	NOUN
fbem-11597	15	22	are	be	AUX
fbem-11597	15	23	highly	highly	ADV
fbem-11597	15	24	important	important	ADJ
fbem-11597	15	25	endeavors	endeavor	NOUN
fbem-11597	15	26	.	.	PUNCT
fbem-11597	16	1	limited	limited	ADJ
fbem-11597	16	2	financial	financial	ADJ
fbem-11597	16	3	options	option	NOUN
fbem-11597	16	4	have	have	AUX
fbem-11597	16	5	compelled	compel	VERB
fbem-11597	16	6	local	local	ADJ
fbem-11597	16	7	governments	government	NOUN
fbem-11597	16	8	to	to	PART
fbem-11597	16	9	rely	rely	VERB
fbem-11597	16	10	on	on	ADP
fbem-11597	16	11	land	land	NOUN
fbem-11597	16	12	as	as	ADP
fbem-11597	16	13	a	a	DET
fbem-11597	16	14	crucial	crucial	ADJ
fbem-11597	16	15	element	element	NOUN
fbem-11597	16	16	in	in	ADP
fbem-11597	16	17	fiscal	fiscal	ADJ
fbem-11597	16	18	and	and	CCONJ
fbem-11597	16	19	financial	financial	ADJ
fbem-11597	16	20	policies	policy	NOUN
fbem-11597	16	21	.	.	PUNCT
fbem-11597	17	1	they	they	PRON
fbem-11597	17	2	use	use	VERB
fbem-11597	17	3	land	land	NOUN
fbem-11597	17	4	to	to	PART
fbem-11597	17	5	attract	attract	VERB
fbem-11597	17	6	industrial	industrial	ADJ
fbem-11597	17	7	enterprises	enterprise	NOUN
fbem-11597	17	8	and	and	CCONJ
fbem-11597	17	9	stimulate	stimulate	VERB
fbem-11597	17	10	economic	economic	ADJ
fbem-11597	17	11	development	development	NOUN
fbem-11597	17	12	by	by	ADP
fbem-11597	17	13	offering	offer	VERB
fbem-11597	17	14	industrial	industrial	ADJ
fbem-11597	17	15	land	land	NOUN
fbem-11597	17	16	at	at	ADP
fbem-11597	17	17	reduced	reduce	VERB
fbem-11597	17	18	prices	price	NOUN
fbem-11597	17	19	.	.	PUNCT
fbem-11597	18	1	they	they	PRON
fbem-11597	18	2	also	also	ADV
fbem-11597	18	3	generate	generate	VERB
fbem-11597	18	4	revenue	revenue	NOUN
fbem-11597	18	5	by	by	ADP
fbem-11597	18	6	increasing	increase	VERB
fbem-11597	18	7	the	the	DET
fbem-11597	18	8	price	price	NOUN
fbem-11597	18	9	of	of	ADP
fbem-11597	18	10	commercial	commercial	ADJ
fbem-11597	18	11	and	and	CCONJ
fbem-11597	18	12	residential	residential	ADJ
fbem-11597	18	13	properties	property	NOUN
fbem-11597	18	14	,	,	PUNCT
fbem-11597	18	15	acquiring	acquire	VERB
fbem-11597	18	16	land	land	NOUN
fbem-11597	18	17	transfer	transfer	NOUN
fbem-11597	18	18	income	income	NOUN
fbem-11597	18	19	and	and	CCONJ
fbem-11597	18	20	associated	associated	ADJ
fbem-11597	18	21	tax	tax	NOUN
fbem-11597	18	22	revenue	revenue	NOUN
fbem-11597	18	23	(	(	PUNCT
fbem-11597	18	24	getting	get	VERB
fbem-11597	18	25	revenue	revenue	NOUN
fbem-11597	18	26	by	by	ADP
fbem-11597	18	27	selling	sell	VERB
fbem-11597	18	28	land	land	NOUN
fbem-11597	18	29	)	)	PUNCT
fbem-11597	18	30	.	.	PUNCT
fbem-11597	19	1	additionally	additionally	ADV
fbem-11597	19	2	,	,	PUNCT
fbem-11597	19	3	local	local	ADJ
fbem-11597	19	4	governments	government	NOUN
fbem-11597	19	5	secure	secure	VERB
fbem-11597	19	6	urban	urban	ADJ
fbem-11597	19	7	construction	construction	NOUN
fbem-11597	19	8	funds	fund	NOUN
fbem-11597	19	9	by	by	ADP
fbem-11597	19	10	mortgaging	mortgage	VERB
fbem-11597	19	11	land	land	NOUN
fbem-11597	19	12	(	(	PUNCT
fbem-11597	19	13	land	land	NOUN
fbem-11597	19	14	finance	finance	NOUN
fbem-11597	19	15	)	)	PUNCT
fbem-11597	19	16	.	.	PUNCT
fbem-11597	20	1	these	these	DET
fbem-11597	20	2	three	three	NUM
fbem-11597	20	3	modes	mode	NOUN
fbem-11597	20	4	of	of	ADP
fbem-11597	20	5	land	land	NOUN
fbem-11597	20	6	utilization	utilization	NOUN
fbem-11597	20	7	not	not	PART
fbem-11597	20	8	only	only	ADV
fbem-11597	20	9	reflect	reflect	VERB
fbem-11597	20	10	china	china	PROPN
fbem-11597	20	11	's	's	PART
fbem-11597	20	12	unique	unique	ADJ
fbem-11597	20	13	approach	approach	NOUN
fbem-11597	20	14	to	to	ADP
fbem-11597	20	15	land	land	NOUN
fbem-11597	20	16	development	development	NOUN
fbem-11597	20	17	but	but	CCONJ
fbem-11597	20	18	also	also	ADV
fbem-11597	20	19	establish	establish	VERB
fbem-11597	20	20	land	land	NOUN
fbem-11597	20	21	as	as	ADP
fbem-11597	20	22	a	a	DET
fbem-11597	20	23	critical	critical	ADJ
fbem-11597	20	24	factor	factor	NOUN
fbem-11597	20	25	in	in	ADP
fbem-11597	20	26	local	local	ADJ
fbem-11597	20	27	financial	financial	ADJ
fbem-11597	20	28	development	development	NOUN
fbem-11597	20	29	.	.	PUNCT
fbem-11597	21	1	the	the	DET
fbem-11597	21	2	research	research	NOUN
fbem-11597	21	3	has	have	VERB
fbem-11597	21	4	several	several	ADJ
fbem-11597	21	5	key	key	ADJ
fbem-11597	21	6	contributions	contribution	NOUN
fbem-11597	21	7	:	:	PUNCT
fbem-11597	21	8	firstly	firstly	ADV
fbem-11597	21	9	,	,	PUNCT
fbem-11597	21	10	it	it	PRON
fbem-11597	21	11	distinguishes	distinguish	VERB
fbem-11597	21	12	between	between	ADP
fbem-11597	21	13	two	two	NUM
fbem-11597	21	14	land	land	NOUN
fbem-11597	21	15	financing	financing	NOUN
fbem-11597	21	16	modes	mode	NOUN
fbem-11597	21	17	,	,	PUNCT
fbem-11597	21	18	"	"	PUNCT
fbem-11597	21	19	getting	get	VERB
fbem-11597	21	20	revenue	revenue	NOUN
fbem-11597	21	21	by	by	ADP
fbem-11597	21	22	selling	sell	VERB
fbem-11597	21	23	land	land	NOUN
fbem-11597	21	24	"	"	PUNCT
fbem-11597	21	25	and	and	CCONJ
fbem-11597	21	26	"	"	PUNCT
fbem-11597	21	27	land	land	NOUN
fbem-11597	21	28	finance	finance	NOUN
fbem-11597	21	29	,	,	PUNCT
fbem-11597	21	30	"	"	PUNCT
fbem-11597	21	31	clarifying	clarify	VERB
fbem-11597	21	32	their	their	PRON
fbem-11597	21	33	relationship	relationship	NOUN
fbem-11597	21	34	with	with	ADP
fbem-11597	21	35	local	local	ADJ
fbem-11597	21	36	government	government	NOUN
fbem-11597	21	37	debt	debt	NOUN
fbem-11597	21	38	based	base	VERB
fbem-11597	21	39	on	on	ADP
fbem-11597	21	40	their	their	PRON
fbem-11597	21	41	characteristics	characteristic	NOUN
fbem-11597	21	42	.	.	PUNCT
fbem-11597	22	1	secondly	secondly	ADV
fbem-11597	22	2	,	,	PUNCT
fbem-11597	22	3	it	it	PRON
fbem-11597	22	4	explores	explore	VERB
fbem-11597	22	5	the	the	DET
fbem-11597	22	6	interaction	interaction	NOUN
fbem-11597	22	7	model	model	NOUN
fbem-11597	22	8	between	between	ADP
fbem-11597	22	9	land	land	NOUN
fbem-11597	22	10	financing	financing	NOUN
fbem-11597	22	11	and	and	CCONJ
fbem-11597	22	12	debt	debt	NOUN
fbem-11597	22	13	leverage	leverage	NOUN
fbem-11597	22	14	under	under	ADP
fbem-11597	22	15	different	different	ADJ
fbem-11597	22	16	fiscal	fiscal	ADJ
fbem-11597	22	17	pressures	pressure	NOUN
fbem-11597	22	18	and	and	CCONJ
fbem-11597	22	19	political	political	ADJ
fbem-11597	22	20	performance	performance	NOUN
fbem-11597	22	21	targets	target	NOUN
fbem-11597	22	22	.	.	PUNCT
fbem-11597	23	1	lastly	lastly	ADV
fbem-11597	23	2	,	,	PUNCT
fbem-11597	23	3	it	it	PRON
fbem-11597	23	4	diagnoses	diagnose	VERB
fbem-11597	23	5	the	the	DET
fbem-11597	23	6	impact	impact	NOUN
fbem-11597	23	7	of	of	ADP
fbem-11597	23	8	different	different	ADJ
fbem-11597	23	9	land	land	NOUN
fbem-11597	23	10	use	use	NOUN
fbem-11597	23	11	modes	mode	NOUN
fbem-11597	23	12	on	on	ADP
fbem-11597	23	13	local	local	ADJ
fbem-11597	23	14	government	government	NOUN
fbem-11597	23	15	debt	debt	NOUN
fbem-11597	23	16	,	,	PUNCT
fbem-11597	23	17	offering	offer	VERB
fbem-11597	23	18	policy	policy	NOUN
fbem-11597	23	19	recommendations	recommendation	NOUN
fbem-11597	23	20	to	to	PART
fbem-11597	23	21	prevent	prevent	VERB
fbem-11597	23	22	and	and	CCONJ
fbem-11597	23	23	resolve	resolve	VERB
fbem-11597	23	24	debt	debt	NOUN
fbem-11597	23	25	risks	risk	NOUN
fbem-11597	23	26	.	.	PUNCT
fbem-11597	24	1	2	2	X
fbem-11597	24	2	.	.	X
fbem-11597	24	3	literature	literature	NOUN
fbem-11597	24	4	review	review	PROPN
fbem-11597	24	5	and	and	CCONJ
fbem-11597	24	6	theoretical	theoretical	ADJ
fbem-11597	24	7	mechanism	mechanism	NOUN
fbem-11597	24	8	local	local	ADJ
fbem-11597	24	9	governments	government	NOUN
fbem-11597	24	10	can	can	AUX
fbem-11597	24	11	generate	generate	VERB
fbem-11597	24	12	additional	additional	ADJ
fbem-11597	24	13	revenue	revenue	NOUN
fbem-11597	24	14	for	for	ADP
fbem-11597	24	15	their	their	PRON
fbem-11597	24	16	finances	finance	NOUN
fbem-11597	24	17	by	by	ADP
fbem-11597	24	18	increasing	increase	VERB
fbem-11597	24	19	land	land	NOUN
fbem-11597	24	20	utilization	utilization	NOUN
fbem-11597	24	21	and	and	CCONJ
fbem-11597	24	22	development	development	NOUN
fbem-11597	24	23	.	.	PUNCT
fbem-11597	25	1	the	the	DET
fbem-11597	25	2	impact	impact	NOUN
fbem-11597	25	3	of	of	ADP
fbem-11597	25	4	this	this	DET
fbem-11597	25	5	practice	practice	NOUN
fbem-11597	25	6	extends	extend	VERB
fbem-11597	25	7	beyond	beyond	ADP
fbem-11597	25	8	direct	direct	ADJ
fbem-11597	25	9	income	income	NOUN
fbem-11597	25	10	from	from	ADP
fbem-11597	25	11	land	land	NOUN
fbem-11597	25	12	transfer	transfer	NOUN
fbem-11597	25	13	fees	fee	NOUN
fbem-11597	25	14	and	and	CCONJ
fbem-11597	25	15	related	related	ADJ
fbem-11597	25	16	taxes	taxis	NOUN
fbem-11597	25	17	and	and	CCONJ
fbem-11597	25	18	fees	fee	NOUN
fbem-11597	25	19	.	.	PUNCT
fbem-11597	26	1	it	it	PRON
fbem-11597	26	2	also	also	ADV
fbem-11597	26	3	enables	enable	VERB
fbem-11597	26	4	local	local	ADJ
fbem-11597	26	5	governments	government	NOUN
fbem-11597	26	6	to	to	PART
fbem-11597	26	7	expand	expand	VERB
fbem-11597	26	8	their	their	PRON
fbem-11597	26	9	debt	debt	NOUN
fbem-11597	26	10	financing	financing	NOUN
fbem-11597	26	11	capacity	capacity	NOUN
fbem-11597	26	12	through	through	ADP
fbem-11597	26	13	collateral	collateral	ADJ
fbem-11597	26	14	channels	channel	NOUN
fbem-11597	26	15	.	.	PUNCT
fbem-11597	27	1	relying	rely	VERB
fbem-11597	27	2	solely	solely	ADV
fbem-11597	27	3	on	on	ADP
fbem-11597	27	4	largescale	largescale	ADJ
fbem-11597	27	5	land	land	NOUN
fbem-11597	27	6	transfers	transfer	NOUN
fbem-11597	27	7	does	do	AUX
fbem-11597	27	8	not	not	PART
fbem-11597	27	9	effectively	effectively	ADV
fbem-11597	27	10	enhance	enhance	VERB
fbem-11597	27	11	the	the	DET
fbem-11597	27	12	quality	quality	NOUN
fbem-11597	27	13	of	of	ADP
fbem-11597	27	14	economic	economic	ADJ
fbem-11597	27	15	development	development	NOUN
fbem-11597	27	16	(	(	PUNCT
fbem-11597	27	17	hansen	hansen	NOUN
fbem-11597	27	18	and	and	CCONJ
fbem-11597	27	19	prescott	prescott	PROPN
fbem-11597	27	20	,	,	PUNCT
fbem-11597	27	21	2002	2002	NUM
fbem-11597	27	22	)	)	PUNCT
fbem-11597	27	23	.	.	PUNCT
fbem-11597	28	1	land	land	NOUN
fbem-11597	28	2	finance	finance	NOUN
fbem-11597	28	3	leverages	leverage	VERB
fbem-11597	28	4	land	land	NOUN
fbem-11597	28	5	resources	resource	NOUN
fbem-11597	28	6	through	through	ADP
fbem-11597	28	7	mortgage	mortgage	NOUN
fbem-11597	28	8	guarantees	guarantee	NOUN
fbem-11597	28	9	.	.	PUNCT
fbem-11597	29	1	compared	compare	VERB
fbem-11597	29	2	to	to	ADP
fbem-11597	29	3	traditional	traditional	ADJ
fbem-11597	29	4	“	"	PUNCT
fbem-11597	29	5	getting	get	VERB
fbem-11597	29	6	revenue	revenue	NOUN
fbem-11597	29	7	by	by	ADP
fbem-11597	29	8	selling	sell	VERB
fbem-11597	29	9	land	land	NOUN
fbem-11597	29	10	”	"	PUNCT
fbem-11597	29	11	,	,	PUNCT
fbem-11597	29	12	this	this	DET
fbem-11597	29	13	approach	approach	NOUN
fbem-11597	29	14	allows	allow	VERB
fbem-11597	29	15	for	for	ADP
fbem-11597	29	16	increased	increase	VERB
fbem-11597	29	17	leveraging	leveraging	NOUN
fbem-11597	29	18	of	of	ADP
fbem-11597	29	19	funds	fund	NOUN
fbem-11597	29	20	for	for	ADP
fbem-11597	29	21	long	long	ADJ
fbem-11597	29	22	-	-	PUNCT
fbem-11597	29	23	term	term	NOUN
fbem-11597	29	24	infrastructure	infrastructure	NOUN
fbem-11597	29	25	investments	investment	NOUN
fbem-11597	29	26	(	(	PUNCT
fbem-11597	29	27	bai	bai	PROPN
fbem-11597	29	28	et	et	PROPN
fbem-11597	29	29	al	al	PROPN
fbem-11597	29	30	.	.	PROPN
fbem-11597	29	31	,	,	PUNCT
fbem-11597	29	32	2016	2016	NUM
fbem-11597	29	33	)	)	PUNCT
fbem-11597	29	34	.	.	PUNCT
fbem-11597	30	1	the	the	DET
fbem-11597	30	2	substantial	substantial	ADJ
fbem-11597	30	3	increase	increase	NOUN
fbem-11597	30	4	in	in	ADP
fbem-11597	30	5	government	government	NOUN
fbem-11597	30	6	debt	debt	NOUN
fbem-11597	30	7	is	be	AUX
fbem-11597	30	8	intricately	intricately	ADV
fbem-11597	30	9	linked	link	VERB
fbem-11597	30	10	to	to	ADP
fbem-11597	30	11	the	the	DET
fbem-11597	30	12	crucial	crucial	ADJ
fbem-11597	30	13	role	role	NOUN
fbem-11597	30	14	of	of	ADP
fbem-11597	30	15	the	the	DET
fbem-11597	30	16	land	land	NOUN
fbem-11597	30	17	system	system	NOUN
fbem-11597	30	18	(	(	PUNCT
fbem-11597	30	19	yao	yao	NOUN
fbem-11597	30	20	and	and	CCONJ
fbem-11597	30	21	li	li	PROPN
fbem-11597	30	22	,	,	PUNCT
fbem-11597	30	23	2022	2022	NUM
fbem-11597	30	24	)	)	PUNCT
fbem-11597	30	25	.	.	PUNCT
fbem-11597	31	1	the	the	DET
fbem-11597	31	2	practice	practice	NOUN
fbem-11597	31	3	of	of	ADP
fbem-11597	31	4	selling	sell	VERB
fbem-11597	31	5	commercial	commercial	ADJ
fbem-11597	31	6	and	and	CCONJ
fbem-11597	31	7	residential	residential	ADJ
fbem-11597	31	8	land	land	NOUN
fbem-11597	31	9	at	at	ADP
fbem-11597	31	10	high	high	ADJ
fbem-11597	31	11	prices	price	NOUN
fbem-11597	31	12	to	to	PART
fbem-11597	31	13	supplement	supplement	VERB
fbem-11597	31	14	fiscal	fiscal	ADJ
fbem-11597	31	15	revenue	revenue	NOUN
fbem-11597	31	16	is	be	AUX
fbem-11597	31	17	commonly	commonly	ADV
fbem-11597	31	18	referred	refer	VERB
fbem-11597	31	19	to	to	ADP
fbem-11597	31	20	as	as	ADP
fbem-11597	31	21	"	"	PUNCT
fbem-11597	31	22	getting	get	VERB
fbem-11597	31	23	revenue	revenue	NOUN
fbem-11597	31	24	by	by	ADP
fbem-11597	31	25	selling	sell	VERB
fbem-11597	31	26	land	land	NOUN
fbem-11597	31	27	"	"	PUNCT
fbem-11597	31	28	(	(	PUNCT
fbem-11597	31	29	huang	huang	PROPN
fbem-11597	31	30	z	z	PROPN
fbem-11597	31	31	and	and	CCONJ
fbem-11597	31	32	du	du	PROPN
fbem-11597	31	33	x	x	PROPN
fbem-11597	31	34	,	,	PUNCT
fbem-11597	31	35	2017	2017	NUM
fbem-11597	31	36	)	)	PUNCT
fbem-11597	31	37	.	.	PUNCT
fbem-11597	32	1	additionally	additionally	ADV
fbem-11597	32	2	,	,	PUNCT
fbem-11597	32	3	"	"	PUNCT
fbem-11597	32	4	land	land	NOUN
fbem-11597	32	5	finance	finance	NOUN
fbem-11597	32	6	"	"	PUNCT
fbem-11597	32	7	involves	involve	VERB
fbem-11597	32	8	utilizing	utilize	VERB
fbem-11597	32	9	land	land	NOUN
fbem-11597	32	10	as	as	ADP
fbem-11597	32	11	collateral	collateral	NOUN
fbem-11597	32	12	,	,	PUNCT
fbem-11597	32	13	guarantees	guarantee	NOUN
fbem-11597	32	14	,	,	PUNCT
fbem-11597	32	15	or	or	CCONJ
fbem-11597	32	16	credit	credit	NOUN
fbem-11597	32	17	enhancements	enhancement	NOUN
fbem-11597	32	18	for	for	ADP
fbem-11597	32	19	debt	debt	NOUN
fbem-11597	32	20	financing	financing	NOUN
fbem-11597	32	21	(	(	PUNCT
fbem-11597	32	22	zhang	zhang	X
fbem-11597	32	23	et	et	PROPN
fbem-11597	32	24	al	al	PROPN
fbem-11597	32	25	.	.	PROPN
fbem-11597	32	26	,	,	PUNCT
fbem-11597	32	27	2018	2018	NUM
fbem-11597	32	28	)	)	PUNCT
fbem-11597	32	29	.	.	PUNCT
fbem-11597	33	1	“	"	PUNCT
fbem-11597	33	2	getting	get	VERB
fbem-11597	33	3	revenue	revenue	NOUN
fbem-11597	33	4	by	by	ADP
fbem-11597	33	5	selling	sell	VERB
fbem-11597	33	6	land	land	NOUN
fbem-11597	33	7	”	"	PUNCT
fbem-11597	33	8	allows	allow	VERB
fbem-11597	33	9	for	for	ADP
fbem-11597	33	10	the	the	DET
fbem-11597	33	11	acquisition	acquisition	NOUN
fbem-11597	33	12	of	of	ADP
fbem-11597	33	13	significant	significant	ADJ
fbem-11597	33	14	one	one	NUM
fbem-11597	33	15	-	-	PUNCT
fbem-11597	33	16	time	time	NOUN
fbem-11597	33	17	cash	cash	NOUN
fbem-11597	33	18	flow	flow	NOUN
fbem-11597	33	19	in	in	ADP
fbem-11597	33	20	the	the	DET
fbem-11597	33	21	short	short	ADJ
fbem-11597	33	22	term	term	NOUN
fbem-11597	33	23	.	.	PUNCT
fbem-11597	34	1	“	"	PUNCT
fbem-11597	34	2	land	land	NOUN
fbem-11597	34	3	finance	finance	NOUN
fbem-11597	34	4	”	"	PUNCT
fbem-11597	34	5	is	be	AUX
fbem-11597	34	6	characterized	characterize	VERB
fbem-11597	34	7	by	by	ADP
fbem-11597	34	8	long	long	ADJ
fbem-11597	34	9	-	-	PUNCT
fbem-11597	34	10	term	term	NOUN
fbem-11597	34	11	land	land	NOUN
fbem-11597	34	12	utilization	utilization	NOUN
fbem-11597	34	13	and	and	CCONJ
fbem-11597	34	14	emphasizes	emphasize	VERB
fbem-11597	34	15	the	the	DET
fbem-11597	34	16	cyclical	cyclical	ADJ
fbem-11597	34	17	nature	nature	NOUN
fbem-11597	34	18	of	of	ADP
fbem-11597	34	19	fund	fund	NOUN
fbem-11597	34	20	rotation	rotation	NOUN
fbem-11597	34	21	.	.	PUNCT
fbem-11597	35	1	as	as	SCONJ
fbem-11597	35	2	the	the	DET
fbem-11597	35	3	area	area	NOUN
fbem-11597	35	4	of	of	ADP
fbem-11597	35	5	land	land	NOUN
fbem-11597	35	6	transfers	transfer	NOUN
fbem-11597	35	7	continues	continue	VERB
fbem-11597	35	8	to	to	PART
fbem-11597	35	9	expand	expand	VERB
fbem-11597	35	10	,	,	PUNCT
fbem-11597	35	11	the	the	DET
fbem-11597	35	12	urban	urban	ADJ
fbem-11597	35	13	sprawl	sprawl	NOUN
fbem-11597	35	14	intensifies	intensifie	NOUN
fbem-11597	35	15	,	,	PUNCT
fbem-11597	35	16	leading	lead	VERB
fbem-11597	35	17	to	to	ADP
fbem-11597	35	18	increased	increase	VERB
fbem-11597	35	19	demands	demand	NOUN
fbem-11597	35	20	and	and	CCONJ
fbem-11597	35	21	costs	cost	NOUN
fbem-11597	35	22	associated	associate	VERB
fbem-11597	35	23	with	with	ADP
fbem-11597	35	24	urban	urban	ADJ
fbem-11597	35	25	maintenance	maintenance	NOUN
fbem-11597	35	26	and	and	CCONJ
fbem-11597	35	27	construction	construction	NOUN
fbem-11597	35	28	.	.	PUNCT
fbem-11597	36	1	amidst	amidst	ADP
fbem-11597	36	2	a	a	DET
fbem-11597	36	3	growing	grow	VERB
fbem-11597	36	4	fiscal	fiscal	ADJ
fbem-11597	36	5	deficit	deficit	NOUN
fbem-11597	36	6	,	,	PUNCT
fbem-11597	36	7	local	local	ADJ
fbem-11597	36	8	governments	government	NOUN
fbem-11597	36	9	are	be	AUX
fbem-11597	36	10	compelled	compel	VERB
fbem-11597	36	11	to	to	PART
fbem-11597	36	12	rely	rely	VERB
fbem-11597	36	13	on	on	ADP
fbem-11597	36	14	debt	debt	NOUN
fbem-11597	36	15	as	as	ADP
fbem-11597	36	16	a	a	DET
fbem-11597	36	17	means	means	NOUN
fbem-11597	36	18	to	to	PART
fbem-11597	36	19	secure	secure	VERB
fbem-11597	36	20	funds	fund	NOUN
fbem-11597	36	21	for	for	ADP
fbem-11597	36	22	construction	construction	NOUN
fbem-11597	36	23	projects	project	NOUN
fbem-11597	36	24	,	,	PUNCT
fbem-11597	36	25	thereby	thereby	ADV
fbem-11597	36	26	exacerbating	exacerbate	VERB
fbem-11597	36	27	the	the	DET
fbem-11597	36	28	risk	risk	NOUN
fbem-11597	36	29	associated	associate	VERB
fbem-11597	36	30	with	with	ADP
fbem-11597	36	31	local	local	ADJ
fbem-11597	36	32	government	government	NOUN
fbem-11597	36	33	debt	debt	NOUN
fbem-11597	36	34	leverage	leverage	NOUN
fbem-11597	36	35	(	(	PUNCT
fbem-11597	36	36	milan	milan	PROPN
fbem-11597	36	37	bf	bf	NOUN
fbem-11597	36	38	et	et	PROPN
fbem-11597	36	39	al	al	PROPN
fbem-11597	36	40	.	.	PROPN
fbem-11597	36	41	,	,	PUNCT
fbem-11597	36	42	2016	2016	NUM
fbem-11597	36	43	)	)	PUNCT
fbem-11597	36	44	.	.	PUNCT
fbem-11597	37	1	19	19	NUM
fbem-11597	37	2	drawing	draw	VERB
fbem-11597	37	3	from	from	ADP
fbem-11597	37	4	the	the	DET
fbem-11597	37	5	existing	exist	VERB
fbem-11597	37	6	literature	literature	NOUN
fbem-11597	37	7	,	,	PUNCT
fbem-11597	37	8	we	we	PRON
fbem-11597	37	9	can	can	AUX
fbem-11597	37	10	delineate	delineate	VERB
fbem-11597	37	11	a	a	DET
fbem-11597	37	12	theoretical	theoretical	ADJ
fbem-11597	37	13	mechanism	mechanism	NOUN
fbem-11597	37	14	as	as	SCONJ
fbem-11597	37	15	follows	follow	VERB
fbem-11597	37	16	:	:	PUNCT
fbem-11597	37	17	local	local	ADJ
fbem-11597	37	18	governments	government	NOUN
fbem-11597	37	19	,	,	PUNCT
fbem-11597	37	20	when	when	SCONJ
fbem-11597	37	21	procuring	procure	VERB
fbem-11597	37	22	funds	fund	NOUN
fbem-11597	37	23	for	for	ADP
fbem-11597	37	24	urban	urban	ADJ
fbem-11597	37	25	construction	construction	NOUN
fbem-11597	37	26	through	through	ADP
fbem-11597	37	27	government	government	NOUN
fbem-11597	37	28	debt	debt	NOUN
fbem-11597	37	29	issuance	issuance	NOUN
fbem-11597	37	30	,	,	PUNCT
fbem-11597	37	31	are	be	AUX
fbem-11597	37	32	influenced	influence	VERB
fbem-11597	37	33	and	and	CCONJ
fbem-11597	37	34	constrained	constrain	VERB
fbem-11597	37	35	by	by	ADP
fbem-11597	37	36	regional	regional	ADJ
fbem-11597	37	37	land	land	NOUN
fbem-11597	37	38	use	use	NOUN
fbem-11597	37	39	patterns	pattern	NOUN
fbem-11597	37	40	.	.	PUNCT
fbem-11597	38	1	simultaneously	simultaneously	ADV
fbem-11597	38	2	,	,	PUNCT
fbem-11597	38	3	the	the	DET
fbem-11597	38	4	pressures	pressure	NOUN
fbem-11597	38	5	of	of	ADP
fbem-11597	38	6	regional	regional	ADJ
fbem-11597	38	7	economic	economic	ADJ
fbem-11597	38	8	growth	growth	NOUN
fbem-11597	38	9	and	and	CCONJ
fbem-11597	38	10	fiscal	fiscal	ADJ
fbem-11597	38	11	constraints	constraint	NOUN
fbem-11597	38	12	exert	exert	VERB
fbem-11597	38	13	various	various	ADJ
fbem-11597	38	14	effects	effect	NOUN
fbem-11597	38	15	on	on	ADP
fbem-11597	38	16	the	the	DET
fbem-11597	38	17	debt	debt	NOUN
fbem-11597	38	18	behavior	behavior	NOUN
fbem-11597	38	19	of	of	ADP
fbem-11597	38	20	local	local	ADJ
fbem-11597	38	21	governments	government	NOUN
fbem-11597	38	22	.	.	PUNCT
fbem-11597	39	1	3	3	X
fbem-11597	39	2	.	.	X
fbem-11597	39	3	research	research	NOUN
fbem-11597	39	4	design	design	PROPN
fbem-11597	39	5	3.1	3.1	NUM
fbem-11597	39	6	.	.	PUNCT
fbem-11597	40	1	construction	construction	NOUN
fbem-11597	40	2	and	and	CCONJ
fbem-11597	40	3	selection	selection	NOUN
fbem-11597	40	4	of	of	ADP
fbem-11597	40	5	key	key	ADJ
fbem-11597	40	6	indicators	indicator	NOUN
fbem-11597	40	7	3.1.1	3.1.1	NUM
fbem-11597	40	8	.	.	PUNCT
fbem-11597	41	1	construction	construction	NOUN
fbem-11597	41	2	of	of	ADP
fbem-11597	41	3	explained	explain	VERB
fbem-11597	41	4	variables	variable	NOUN
fbem-11597	41	5	following	follow	VERB
fbem-11597	41	6	the	the	DET
fbem-11597	41	7	methodology	methodology	NOUN
fbem-11597	41	8	proposed	propose	VERB
fbem-11597	41	9	by	by	ADP
fbem-11597	41	10	mao	mao	PROPN
fbem-11597	41	11	jie	jie	PROPN
fbem-11597	41	12	et	et	PROPN
fbem-11597	41	13	al	al	PROPN
fbem-11597	41	14	.	.	PROPN
fbem-11597	41	15	(	(	PUNCT
fbem-11597	41	16	2018	2018	NUM
fbem-11597	41	17	)	)	PUNCT
fbem-11597	41	18	,	,	PUNCT
fbem-11597	41	19	we	we	PRON
fbem-11597	41	20	construct	construct	VERB
fbem-11597	41	21	the	the	DET
fbem-11597	41	22	local	local	ADJ
fbem-11597	41	23	government	government	NOUN
fbem-11597	41	24	debt	debt	NOUN
fbem-11597	41	25	ratio	ratio	NOUN
fbem-11597	41	26	index	index	NOUN
fbem-11597	41	27	,	,	PUNCT
fbem-11597	41	28	which	which	PRON
fbem-11597	41	29	calculates	calculate	VERB
fbem-11597	41	30	the	the	DET
fbem-11597	41	31	ratio	ratio	NOUN
fbem-11597	41	32	of	of	ADP
fbem-11597	41	33	the	the	DET
fbem-11597	41	34	local	local	ADJ
fbem-11597	41	35	government	government	NOUN
fbem-11597	41	36	debt	debt	NOUN
fbem-11597	41	37	balance	balance	NOUN
fbem-11597	41	38	to	to	ADP
fbem-11597	41	39	the	the	DET
fbem-11597	41	40	local	local	ADJ
fbem-11597	41	41	financial	financial	ADJ
fbem-11597	41	42	level	level	NOUN
fbem-11597	41	43	.	.	PUNCT
fbem-11597	42	1	the	the	DET
fbem-11597	42	2	local	local	ADJ
fbem-11597	42	3	financial	financial	ADJ
fbem-11597	42	4	resources	resource	NOUN
fbem-11597	42	5	are	be	AUX
fbem-11597	42	6	represented	represent	VERB
fbem-11597	42	7	by	by	ADP
fbem-11597	42	8	the	the	DET
fbem-11597	42	9	combined	combine	VERB
fbem-11597	42	10	sum	sum	NOUN
fbem-11597	42	11	of	of	ADP
fbem-11597	42	12	local	local	ADJ
fbem-11597	42	13	fiscal	fiscal	ADJ
fbem-11597	42	14	revenue	revenue	NOUN
fbem-11597	42	15	,	,	PUNCT
fbem-11597	42	16	government	government	NOUN
fbem-11597	42	17	fund	fund	NOUN
fbem-11597	42	18	revenue	revenue	NOUN
fbem-11597	42	19	,	,	PUNCT
fbem-11597	42	20	and	and	CCONJ
fbem-11597	42	21	transfer	transfer	NOUN
fbem-11597	42	22	payments	payment	NOUN
fbem-11597	42	23	.	.	PUNCT
fbem-11597	43	1	additionally	additionally	ADV
fbem-11597	43	2	,	,	PUNCT
fbem-11597	43	3	as	as	ADP
fbem-11597	43	4	a	a	DET
fbem-11597	43	5	robustness	robustness	NOUN
fbem-11597	43	6	test	test	NOUN
fbem-11597	43	7	index	index	NOUN
fbem-11597	43	8	,	,	PUNCT
fbem-11597	43	9	we	we	PRON
fbem-11597	43	10	adopt	adopt	VERB
fbem-11597	43	11	the	the	DET
fbem-11597	43	12	ratio	ratio	NOUN
fbem-11597	43	13	of	of	ADP
fbem-11597	43	14	local	local	ADJ
fbem-11597	43	15	government	government	NOUN
fbem-11597	43	16	debt	debt	NOUN
fbem-11597	43	17	balance	balance	NOUN
fbem-11597	43	18	to	to	ADP
fbem-11597	43	19	local	local	ADJ
fbem-11597	43	20	government	government	NOUN
fbem-11597	43	21	gdp	gdp	NOUN
fbem-11597	43	22	,	,	PUNCT
fbem-11597	43	23	drawing	draw	VERB
fbem-11597	43	24	inspiration	inspiration	NOUN
fbem-11597	43	25	from	from	ADP
fbem-11597	43	26	the	the	DET
fbem-11597	43	27	maastricht	maastricht	PROPN
fbem-11597	43	28	treaty	treaty	NOUN
fbem-11597	43	29	.	.	PUNCT
fbem-11597	44	1	3.1.2	3.1.2	X
fbem-11597	44	2	.	.	PUNCT
fbem-11597	44	3	core	core	ADJ
fbem-11597	44	4	explanatory	explanatory	ADJ
fbem-11597	44	5	variable	variable	ADJ
fbem-11597	44	6	selection	selection	NOUN
fbem-11597	44	7	the	the	DET
fbem-11597	44	8	land	land	NOUN
fbem-11597	44	9	financing	financing	NOUN
fbem-11597	44	10	modes	mode	NOUN
fbem-11597	44	11	employed	employ	VERB
fbem-11597	44	12	by	by	ADP
fbem-11597	44	13	local	local	ADJ
fbem-11597	44	14	governments	government	NOUN
fbem-11597	44	15	primarily	primarily	ADV
fbem-11597	44	16	consist	consist	VERB
fbem-11597	44	17	of	of	ADP
fbem-11597	44	18	“	"	PUNCT
fbem-11597	44	19	getting	get	VERB
fbem-11597	44	20	revenue	revenue	NOUN
fbem-11597	44	21	by	by	ADP
fbem-11597	44	22	selling	sell	VERB
fbem-11597	44	23	land	land	NOUN
fbem-11597	44	24	”	"	PUNCT
fbem-11597	44	25	and	and	CCONJ
fbem-11597	44	26	“	"	PUNCT
fbem-11597	44	27	land	land	NOUN
fbem-11597	44	28	finance	finance	NOUN
fbem-11597	44	29	”	"	PUNCT
fbem-11597	44	30	.	.	PUNCT
fbem-11597	45	1	the	the	DET
fbem-11597	45	2	ratio	ratio	NOUN
fbem-11597	45	3	of	of	ADP
fbem-11597	45	4	net	net	ADJ
fbem-11597	45	5	land	land	NOUN
fbem-11597	45	6	transfer	transfer	NOUN
fbem-11597	45	7	income	income	NOUN
fbem-11597	45	8	to	to	ADP
fbem-11597	45	9	regional	regional	ADJ
fbem-11597	45	10	general	general	ADJ
fbem-11597	45	11	financial	financial	ADJ
fbem-11597	45	12	revenue	revenue	NOUN
fbem-11597	45	13	is	be	AUX
fbem-11597	45	14	adopted	adopt	VERB
fbem-11597	45	15	as	as	ADP
fbem-11597	45	16	a	a	DET
fbem-11597	45	17	proxy	proxy	NOUN
fbem-11597	45	18	variable	variable	NOUN
fbem-11597	45	19	to	to	PART
fbem-11597	45	20	characterize	characterize	VERB
fbem-11597	45	21	"	"	PUNCT
fbem-11597	45	22	getting	get	VERB
fbem-11597	45	23	revenue	revenue	NOUN
fbem-11597	45	24	by	by	ADP
fbem-11597	45	25	selling	sell	VERB
fbem-11597	45	26	land	land	NOUN
fbem-11597	45	27	"	"	PUNCT
fbem-11597	45	28	.	.	PUNCT
fbem-11597	46	1	in	in	ADP
fbem-11597	46	2	terms	term	NOUN
fbem-11597	46	3	of	of	ADP
fbem-11597	46	4	the	the	DET
fbem-11597	46	5	land	land	NOUN
fbem-11597	46	6	finance	finance	NOUN
fbem-11597	46	7	index	index	NOUN
fbem-11597	46	8	,	,	PUNCT
fbem-11597	46	9	recognizing	recognize	VERB
fbem-11597	46	10	that	that	SCONJ
fbem-11597	46	11	land	land	NOUN
fbem-11597	46	12	mortgage	mortgage	NOUN
fbem-11597	46	13	,	,	PUNCT
fbem-11597	46	14	as	as	ADP
fbem-11597	46	15	a	a	DET
fbem-11597	46	16	financial	financial	ADJ
fbem-11597	46	17	product	product	NOUN
fbem-11597	46	18	,	,	PUNCT
fbem-11597	46	19	is	be	AUX
fbem-11597	46	20	influenced	influence	VERB
fbem-11597	46	21	by	by	ADP
fbem-11597	46	22	financial	financial	ADJ
fbem-11597	46	23	policy	policy	NOUN
fbem-11597	46	24	adjustments	adjustment	NOUN
fbem-11597	46	25	and	and	CCONJ
fbem-11597	46	26	exhibits	exhibit	VERB
fbem-11597	46	27	similar	similar	ADJ
fbem-11597	46	28	patterns	pattern	NOUN
fbem-11597	46	29	of	of	ADP
fbem-11597	46	30	increase	increase	NOUN
fbem-11597	46	31	or	or	CCONJ
fbem-11597	46	32	decrease	decrease	NOUN
fbem-11597	46	33	as	as	ADP
fbem-11597	46	34	the	the	DET
fbem-11597	46	35	loan	loan	NOUN
fbem-11597	46	36	balance	balance	NOUN
fbem-11597	46	37	of	of	ADP
fbem-11597	46	38	local	local	ADJ
fbem-11597	46	39	financial	financial	ADJ
fbem-11597	46	40	institutions	institution	NOUN
fbem-11597	46	41	,	,	PUNCT
fbem-11597	46	42	the	the	DET
fbem-11597	46	43	land	land	NOUN
fbem-11597	46	44	mortgage	mortgage	NOUN
fbem-11597	46	45	loan	loan	NOUN
fbem-11597	46	46	figures	figure	NOUN
fbem-11597	46	47	published	publish	VERB
fbem-11597	46	48	in	in	ADP
fbem-11597	46	49	2008	2008	NUM
fbem-11597	46	50	are	be	AUX
fbem-11597	46	51	employed	employ	VERB
fbem-11597	46	52	as	as	ADP
fbem-11597	46	53	a	a	DET
fbem-11597	46	54	baseline	baseline	NOUN
fbem-11597	46	55	.	.	PUNCT
fbem-11597	47	1	the	the	DET
fbem-11597	47	2	annual	annual	ADJ
fbem-11597	47	3	land	land	NOUN
fbem-11597	47	4	mortgage	mortgage	NOUN
fbem-11597	47	5	loan	loan	NOUN
fbem-11597	47	6	amounts	amount	NOUN
fbem-11597	47	7	are	be	AUX
fbem-11597	47	8	derived	derive	VERB
fbem-11597	47	9	based	base	VERB
fbem-11597	47	10	on	on	ADP
fbem-11597	47	11	changes	change	NOUN
fbem-11597	47	12	in	in	ADP
fbem-11597	47	13	the	the	DET
fbem-11597	47	14	loan	loan	NOUN
fbem-11597	47	15	balance	balance	NOUN
fbem-11597	47	16	of	of	ADP
fbem-11597	47	17	local	local	ADJ
fbem-11597	47	18	financial	financial	ADJ
fbem-11597	47	19	institutions	institution	NOUN
fbem-11597	47	20	,	,	PUNCT
fbem-11597	47	21	and	and	CCONJ
fbem-11597	47	22	the	the	DET
fbem-11597	47	23	ratio	ratio	NOUN
fbem-11597	47	24	of	of	ADP
fbem-11597	47	25	land	land	NOUN
fbem-11597	47	26	mortgage	mortgage	NOUN
fbem-11597	47	27	loans	loan	NOUN
fbem-11597	47	28	to	to	ADP
fbem-11597	47	29	fixed	fix	VERB
fbem-11597	47	30	asset	asset	NOUN
fbem-11597	47	31	investment	investment	NOUN
fbem-11597	47	32	is	be	AUX
fbem-11597	47	33	utilized	utilize	VERB
fbem-11597	47	34	as	as	ADP
fbem-11597	47	35	a	a	DET
fbem-11597	47	36	proxy	proxy	ADJ
fbem-11597	47	37	index	index	NOUN
fbem-11597	47	38	for	for	ADP
fbem-11597	47	39	"	"	PUNCT
fbem-11597	47	40	land	land	NOUN
fbem-11597	47	41	finance	finance	NOUN
fbem-11597	47	42	.	.	PUNCT
fbem-11597	47	43	"	"	PUNCT
fbem-11597	48	1	additionally	additionally	ADV
fbem-11597	48	2	,	,	PUNCT
fbem-11597	48	3	the	the	DET
fbem-11597	48	4	ratio	ratio	NOUN
fbem-11597	48	5	of	of	ADP
fbem-11597	48	6	land	land	NOUN
fbem-11597	48	7	transfer	transfer	NOUN
fbem-11597	48	8	income	income	NOUN
fbem-11597	48	9	to	to	ADP
fbem-11597	48	10	fiscal	fiscal	ADJ
fbem-11597	48	11	revenue	revenue	NOUN
fbem-11597	48	12	and	and	CCONJ
fbem-11597	48	13	the	the	DET
fbem-11597	48	14	ratio	ratio	NOUN
fbem-11597	48	15	of	of	ADP
fbem-11597	48	16	real	real	ADJ
fbem-11597	48	17	estate	estate	NOUN
fbem-11597	48	18	investment	investment	NOUN
fbem-11597	48	19	to	to	ADP
fbem-11597	48	20	fixed	fix	VERB
fbem-11597	48	21	asset	asset	NOUN
fbem-11597	48	22	investment	investment	NOUN
fbem-11597	48	23	are	be	AUX
fbem-11597	48	24	utilized	utilize	VERB
fbem-11597	48	25	as	as	ADP
fbem-11597	48	26	alternative	alternative	ADJ
fbem-11597	48	27	indicators	indicator	NOUN
fbem-11597	48	28	to	to	PART
fbem-11597	48	29	assess	assess	VERB
fbem-11597	48	30	the	the	DET
fbem-11597	48	31	robustness	robustness	NOUN
fbem-11597	48	32	of	of	ADP
fbem-11597	48	33	“	"	PUNCT
fbem-11597	48	34	getting	get	VERB
fbem-11597	48	35	revenue	revenue	NOUN
fbem-11597	48	36	by	by	ADP
fbem-11597	48	37	selling	sell	VERB
fbem-11597	48	38	land	land	NOUN
fbem-11597	48	39	”	"	PUNCT
fbem-11597	48	40	and	and	CCONJ
fbem-11597	48	41	“	"	PUNCT
fbem-11597	48	42	land	land	NOUN
fbem-11597	48	43	finance	finance	NOUN
fbem-11597	48	44	”	"	PUNCT
fbem-11597	48	45	,	,	PUNCT
fbem-11597	48	46	respectively	respectively	ADV
fbem-11597	48	47	.	.	PUNCT
fbem-11597	49	1	3.2	3.2	NUM
fbem-11597	49	2	.	.	PUNCT
fbem-11597	49	3	metrological	metrological	ADJ
fbem-11597	49	4	model	model	NOUN
fbem-11597	49	5	setting	set	VERB
fbem-11597	49	6	we	we	PRON
fbem-11597	49	7	proceed	proceed	VERB
fbem-11597	49	8	to	to	PART
fbem-11597	49	9	construct	construct	VERB
fbem-11597	49	10	the	the	DET
fbem-11597	49	11	following	follow	VERB
fbem-11597	49	12	econometric	econometric	ADJ
fbem-11597	49	13	model	model	NOUN
fbem-11597	49	14	:	:	PUNCT
fbem-11597	49	15	db	db	AUX
fbem-11597	49	16	𝛽	𝛽	PROPN
fbem-11597	49	17	𝛽	𝛽	PROPN
fbem-11597	49	18	lt	lt	PRON
fbem-11597	49	19	𝛽	𝛽	PROPN
fbem-11597	49	20	lf	lf	PROPN
fbem-11597	49	21	𝛽	𝛽	PROPN
fbem-11597	49	22	∑	∑	PUNCT
fbem-11597	49	23	𝑐𝑜𝑛𝑡𝑟𝑜𝑙	𝑐𝑜𝑛𝑡𝑟𝑜𝑙	VERB
fbem-11597	49	24	𝜇	𝜇	ADP
fbem-11597	49	25	𝜆	𝜆	ADP
fbem-11597	49	26	𝜀	𝜀	X
fbem-11597	49	27	(	(	PUNCT
fbem-11597	49	28	1	1	NUM
fbem-11597	49	29	)	)	PUNCT
fbem-11597	49	30	db	db	PROPN
fbem-11597	49	31	is	be	AUX
fbem-11597	49	32	the	the	DET
fbem-11597	49	33	explained	explain	VERB
fbem-11597	49	34	variable	variable	NOUN
fbem-11597	49	35	of	of	ADP
fbem-11597	49	36	the	the	DET
fbem-11597	49	37	model	model	NOUN
fbem-11597	49	38	,	,	PUNCT
fbem-11597	49	39	which	which	PRON
fbem-11597	49	40	is	be	AUX
fbem-11597	49	41	used	use	VERB
fbem-11597	49	42	to	to	PART
fbem-11597	49	43	describe	describe	VERB
fbem-11597	49	44	the	the	DET
fbem-11597	49	45	debt	debt	NOUN
fbem-11597	49	46	leverage	leverage	NOUN
fbem-11597	49	47	level	level	NOUN
fbem-11597	49	48	of	of	ADP
fbem-11597	49	49	local	local	ADJ
fbem-11597	49	50	government	government	NOUN
fbem-11597	49	51	i	i	PRON
fbem-11597	49	52	in	in	ADP
fbem-11597	49	53	period	period	NOUN
fbem-11597	49	54	t.	t.	PROPN
fbem-11597	50	1	the	the	DET
fbem-11597	50	2	core	core	NOUN
fbem-11597	50	3	set	set	NOUN
fbem-11597	50	4	of	of	ADP
fbem-11597	50	5	explanatory	explanatory	ADJ
fbem-11597	50	6	variables	variable	NOUN
fbem-11597	50	7	includes	include	VERB
fbem-11597	50	8	two	two	NUM
fbem-11597	50	9	indicators	indicator	NOUN
fbem-11597	50	10	,	,	PUNCT
fbem-11597	50	11	“	"	PUNCT
fbem-11597	50	12	getting	get	VERB
fbem-11597	50	13	revenue	revenue	NOUN
fbem-11597	50	14	by	by	ADP
fbem-11597	50	15	selling	sell	VERB
fbem-11597	50	16	land”-lt	land”-lt	ADJ
fbem-11597	50	17	and	and	CCONJ
fbem-11597	50	18	“	"	PUNCT
fbem-11597	50	19	land	land	NOUN
fbem-11597	50	20	finance”-lf	finance”-lf	NOUN
fbem-11597	50	21	.	.	PUNCT
fbem-11597	51	1	control	control	NOUN
fbem-11597	51	2	is	be	AUX
fbem-11597	51	3	the	the	DET
fbem-11597	51	4	set	set	NOUN
fbem-11597	51	5	of	of	ADP
fbem-11597	51	6	control	control	NOUN
fbem-11597	51	7	variables	variable	NOUN
fbem-11597	51	8	;	;	PUNCT
fbem-11597	51	9	𝛽	𝛽	PROPN
fbem-11597	51	10	、	、	PROPN
fbem-11597	51	11	𝛽	𝛽	PROPN
fbem-11597	51	12	、	、	NOUN
fbem-11597	51	13	𝛽	𝛽	PROPN
fbem-11597	51	14	、	、	NOUN
fbem-11597	51	15	𝛽	𝛽	NOUN
fbem-11597	51	16	are	be	AUX
fbem-11597	51	17	the	the	DET
fbem-11597	51	18	coefficients	coefficient	NOUN
fbem-11597	51	19	to	to	PART
fbem-11597	51	20	be	be	AUX
fbem-11597	51	21	estimated	estimate	VERB
fbem-11597	51	22	;	;	PUNCT
fbem-11597	51	23	𝜇	𝜇	X
fbem-11597	51	24	is	be	AUX
fbem-11597	51	25	the	the	DET
fbem-11597	51	26	individual	individual	ADJ
fbem-11597	51	27	fixed	fix	VERB
fbem-11597	51	28	effect	effect	NOUN
fbem-11597	51	29	;	;	PUNCT
fbem-11597	51	30	𝜆	𝜆	PRON
fbem-11597	51	31	is	be	AUX
fbem-11597	51	32	the	the	DET
fbem-11597	51	33	time	time	NOUN
fbem-11597	51	34	fixed	fix	VERB
fbem-11597	51	35	effect	effect	NOUN
fbem-11597	51	36	;	;	PUNCT
fbem-11597	51	37	and	and	CCONJ
fbem-11597	51	38	𝜀	𝜀	NOUN
fbem-11597	51	39	is	be	AUX
fbem-11597	51	40	the	the	DET
fbem-11597	51	41	model	model	NOUN
fbem-11597	51	42	disturbance	disturbance	NOUN
fbem-11597	51	43	term	term	NOUN
fbem-11597	51	44	.	.	PUNCT
fbem-11597	52	1	considering	consider	VERB
fbem-11597	52	2	that	that	SCONJ
fbem-11597	52	3	the	the	DET
fbem-11597	52	4	level	level	NOUN
fbem-11597	52	5	of	of	ADP
fbem-11597	52	6	local	local	ADJ
fbem-11597	52	7	government	government	NOUN
fbem-11597	52	8	debt	debt	NOUN
fbem-11597	52	9	leverage	leverage	NOUN
fbem-11597	52	10	is	be	AUX
fbem-11597	52	11	primarily	primarily	ADV
fbem-11597	52	12	influenced	influence	VERB
fbem-11597	52	13	and	and	CCONJ
fbem-11597	52	14	constrained	constrain	VERB
fbem-11597	52	15	by	by	ADP
fbem-11597	52	16	factors	factor	NOUN
fbem-11597	52	17	such	such	ADJ
fbem-11597	52	18	as	as	ADP
fbem-11597	52	19	local	local	ADJ
fbem-11597	52	20	economic	economic	ADJ
fbem-11597	52	21	development	development	NOUN
fbem-11597	52	22	,	,	PUNCT
fbem-11597	52	23	financial	financial	ADJ
fbem-11597	52	24	situation	situation	NOUN
fbem-11597	52	25	,	,	PUNCT
fbem-11597	52	26	the	the	DET
fbem-11597	52	27	pressure	pressure	NOUN
fbem-11597	52	28	for	for	ADP
fbem-11597	52	29	local	local	ADJ
fbem-11597	52	30	government	government	NOUN
fbem-11597	52	31	economic	economic	ADJ
fbem-11597	52	32	growth	growth	NOUN
fbem-11597	52	33	,	,	PUNCT
fbem-11597	52	34	fiscal	fiscal	ADJ
fbem-11597	52	35	gap	gap	NOUN
fbem-11597	52	36	,	,	PUNCT
fbem-11597	52	37	and	and	CCONJ
fbem-11597	52	38	fiscal	fiscal	ADJ
fbem-11597	52	39	deficit	deficit	NOUN
fbem-11597	52	40	to	to	ADP
fbem-11597	52	41	gdp	gdp	NOUN
fbem-11597	52	42	ratio	ratio	NOUN
fbem-11597	52	43	of	of	ADP
fbem-11597	52	44	the	the	DET
fbem-11597	52	45	higher	high	ADJ
fbem-11597	52	46	government	government	NOUN
fbem-11597	52	47	,	,	PUNCT
fbem-11597	52	48	we	we	PRON
fbem-11597	52	49	select	select	VERB
fbem-11597	52	50	these	these	DET
fbem-11597	52	51	variables	variable	NOUN
fbem-11597	52	52	as	as	SCONJ
fbem-11597	52	53	the	the	DET
fbem-11597	52	54	core	core	NOUN
fbem-11597	52	55	mechanism	mechanism	NOUN
fbem-11597	52	56	variables	variable	NOUN
fbem-11597	52	57	in	in	ADP
fbem-11597	52	58	our	our	PRON
fbem-11597	52	59	model	model	NOUN
fbem-11597	52	60	.	.	PUNCT
fbem-11597	53	1	we	we	PRON
fbem-11597	53	2	introduce	introduce	VERB
fbem-11597	53	3	four	four	NUM
fbem-11597	53	4	categories	category	NOUN
fbem-11597	53	5	of	of	ADP
fbem-11597	53	6	control	control	NOUN
fbem-11597	53	7	variables	variable	NOUN
fbem-11597	53	8	,	,	PUNCT
fbem-11597	53	9	which	which	PRON
fbem-11597	53	10	are	be	AUX
fbem-11597	53	11	regional	regional	ADJ
fbem-11597	53	12	infrastructure	infrastructure	NOUN
fbem-11597	53	13	status	status	NOUN
fbem-11597	53	14	,	,	PUNCT
fbem-11597	53	15	economic	economic	ADJ
fbem-11597	53	16	development	development	NOUN
fbem-11597	53	17	environment	environment	NOUN
fbem-11597	53	18	,	,	PUNCT
fbem-11597	53	19	public	public	ADJ
fbem-11597	53	20	service	service	NOUN
fbem-11597	53	21	quality	quality	NOUN
fbem-11597	53	22	,	,	PUNCT
fbem-11597	53	23	and	and	CCONJ
fbem-11597	53	24	local	local	ADJ
fbem-11597	53	25	tax	tax	NOUN
fbem-11597	53	26	capacity	capacity	NOUN
fbem-11597	53	27	.	.	PUNCT
fbem-11597	54	1	for	for	ADP
fbem-11597	54	2	further	further	ADJ
fbem-11597	54	3	details	detail	NOUN
fbem-11597	54	4	,	,	PUNCT
fbem-11597	54	5	please	please	INTJ
fbem-11597	54	6	refer	refer	VERB
fbem-11597	54	7	to	to	ADP
fbem-11597	54	8	table	table	NOUN
fbem-11597	54	9	1	1	NUM
fbem-11597	54	10	.	.	PUNCT
fbem-11597	54	11	table	table	NOUN
fbem-11597	54	12	1	1	NUM
fbem-11597	54	13	.	.	PUNCT
fbem-11597	54	14	description	description	NOUN
fbem-11597	54	15	of	of	ADP
fbem-11597	54	16	the	the	DET
fbem-11597	54	17	selection	selection	NOUN
fbem-11597	54	18	of	of	ADP
fbem-11597	54	19	model	model	NOUN
fbem-11597	54	20	variables	variable	NOUN
fbem-11597	54	21	variable	variable	ADJ
fbem-11597	54	22	type	type	NOUN
fbem-11597	54	23	variable	variable	NOUN
fbem-11597	54	24	subset	subset	VERB
fbem-11597	54	25	variable	variable	ADJ
fbem-11597	54	26	definition	definition	NOUN
fbem-11597	54	27	mechanism	mechanism	NOUN
fbem-11597	54	28	variable	variable	ADJ
fbem-11597	54	29	pressure	pressure	NOUN
fbem-11597	54	30	on	on	ADP
fbem-11597	54	31	regional	regional	ADJ
fbem-11597	54	32	economic	economic	ADJ
fbem-11597	54	33	growth	growth	NOUN
fbem-11597	54	34	egp	egp	VERB
fbem-11597	54	35	the	the	DET
fbem-11597	54	36	economic	economic	ADJ
fbem-11597	54	37	growth	growth	NOUN
fbem-11597	54	38	target	target	NOUN
fbem-11597	54	39	is	be	AUX
fbem-11597	54	40	marked	mark	VERB
fbem-11597	54	41	as	as	ADP
fbem-11597	54	42	"	"	PUNCT
fbem-11597	54	43	1	1	NUM
fbem-11597	54	44	"	"	PUNCT
fbem-11597	54	45	after	after	ADP
fbem-11597	54	46	50	50	NUM
fbem-11597	54	47	%	%	NOUN
fbem-11597	54	48	of	of	ADP
fbem-11597	54	49	prefecture	prefecture	NOUN
fbem-11597	54	50	level	level	NOUN
fbem-11597	54	51	cities	city	NOUN
fbem-11597	54	52	in	in	ADP
fbem-11597	54	53	the	the	DET
fbem-11597	54	54	same	same	ADJ
fbem-11597	54	55	province	province	NOUN
fbem-11597	54	56	;	;	PUNCT
fbem-11597	54	57	otherwise	otherwise	ADV
fbem-11597	54	58	,	,	PUNCT
fbem-11597	54	59	marked	mark	VERB
fbem-11597	54	60	as	as	ADP
fbem-11597	54	61	"	"	PUNCT
fbem-11597	54	62	0	0	NUM
fbem-11597	54	63	"	"	PUNCT
fbem-11597	54	64	.	.	PUNCT
fbem-11597	55	1	pressure	pressure	NOUN
fbem-11597	55	2	on	on	ADP
fbem-11597	55	3	government	government	NOUN
fbem-11597	55	4	finances	finance	NOUN
fbem-11597	55	5	at	at	ADP
fbem-11597	55	6	the	the	DET
fbem-11597	55	7	same	same	ADJ
fbem-11597	55	8	level	level	NOUN
fbem-11597	55	9	fpl	fpl	NOUN
fbem-11597	55	10	government	government	NOUN
fbem-11597	55	11	expenditure	expenditure	NOUN
fbem-11597	55	12	revenue	revenue	NOUN
fbem-11597	55	13	higher	high	ADJ
fbem-11597	55	14	government	government	NOUN
fbem-11597	55	15	financial	financial	ADJ
fbem-11597	55	16	pressure	pressure	NOUN
fbem-11597	55	17	fph	fph	VERB
fbem-11597	55	18	higher	high	ADJ
fbem-11597	55	19	government	government	NOUN
fbem-11597	55	20	fiscal	fiscal	ADJ
fbem-11597	55	21	gap	gap	NOUN
fbem-11597	55	22	/	/	SYM
fbem-11597	55	23	fiscal	fiscal	ADJ
fbem-11597	55	24	revenue	revenue	NOUN
fbem-11597	55	25	control	control	NOUN
fbem-11597	55	26	variable	variable	ADJ
fbem-11597	55	27	infrastructure	infrastructure	NOUN
fbem-11597	55	28	condition	condition	NOUN
fbem-11597	55	29	ibu	ibu	PROPN
fbem-11597	55	30	number	number	NOUN
fbem-11597	55	31	of	of	ADP
fbem-11597	55	32	people	people	NOUN
fbem-11597	55	33	with	with	ADP
fbem-11597	55	34	broadband	broadband	NOUN
fbem-11597	55	35	internet	internet	NOUN
fbem-11597	55	36	access	access	NOUN
fbem-11597	55	37	ris	ris	PROPN
fbem-11597	55	38	value	value	NOUN
fbem-11597	55	39	added	add	VERB
fbem-11597	55	40	of	of	ADP
fbem-11597	55	41	secondary	secondary	ADJ
fbem-11597	55	42	industry	industry	NOUN
fbem-11597	55	43	/gdp	/gdp	PUNCT
fbem-11597	55	44	economic	economic	ADJ
fbem-11597	55	45	development	development	NOUN
fbem-11597	55	46	environment	environment	NOUN
fbem-11597	55	47	grs	grs	PROPN
fbem-11597	55	48	the	the	DET
fbem-11597	55	49	total	total	ADJ
fbem-11597	55	50	retail	retail	ADJ
fbem-11597	55	51	sales	sale	NOUN
fbem-11597	55	52	of	of	ADP
fbem-11597	55	53	social	social	ADJ
fbem-11597	55	54	sales	sale	NOUN
fbem-11597	55	55	increased	increase	VERB
fbem-11597	55	56	year	year	NOUN
fbem-11597	55	57	-	-	PUNCT
fbem-11597	55	58	on	on	ADP
fbem-11597	55	59	-	-	PUNCT
fbem-11597	55	60	year	year	NOUN
fbem-11597	55	61	ufc	ufc	NOUN
fbem-11597	55	62	year	year	NOUN
fbem-11597	55	63	-	-	PUNCT
fbem-11597	55	64	on	on	ADP
fbem-11597	55	65	-	-	PUNCT
fbem-11597	55	66	year	year	NOUN
fbem-11597	55	67	growth	growth	NOUN
fbem-11597	55	68	in	in	ADP
fbem-11597	55	69	actual	actual	ADJ
fbem-11597	55	70	use	use	NOUN
fbem-11597	55	71	of	of	ADP
fbem-11597	55	72	foreign	foreign	ADJ
fbem-11597	55	73	capital	capital	NOUN
fbem-11597	55	74	public	public	ADJ
fbem-11597	55	75	service	service	NOUN
fbem-11597	55	76	quality	quality	NOUN
fbem-11597	55	77	efi	efi	NOUN
fbem-11597	55	78	number	number	NOUN
fbem-11597	55	79	of	of	ADP
fbem-11597	55	80	employees	employee	NOUN
fbem-11597	55	81	in	in	ADP
fbem-11597	55	82	the	the	DET
fbem-11597	55	83	financial	financial	ADJ
fbem-11597	55	84	sector	sector	NOUN
fbem-11597	55	85	/	/	SYM
fbem-11597	55	86	employed	employ	VERB
fbem-11597	55	87	population	population	NOUN
fbem-11597	55	88	pai	pai	PROPN
fbem-11597	55	89	number	number	NOUN
fbem-11597	55	90	of	of	ADP
fbem-11597	55	91	people	people	NOUN
fbem-11597	55	92	employed	employ	VERB
fbem-11597	55	93	in	in	ADP
fbem-11597	55	94	public	public	ADJ
fbem-11597	55	95	administration	administration	NOUN
fbem-11597	55	96	/	/	SYM
fbem-11597	55	97	employed	employ	VERB
fbem-11597	55	98	population	population	NOUN
fbem-11597	55	99	ui	ui	NOUN
fbem-11597	55	100	number	number	NOUN
fbem-11597	55	101	of	of	ADP
fbem-11597	55	102	employees	employee	NOUN
fbem-11597	55	103	in	in	ADP
fbem-11597	55	104	the	the	DET
fbem-11597	55	105	public	public	ADJ
fbem-11597	55	106	facilities	facility	NOUN
fbem-11597	55	107	industry	industry	NOUN
fbem-11597	55	108	/	/	SYM
fbem-11597	55	109	employed	employ	VERB
fbem-11597	55	110	population	population	NOUN
fbem-11597	55	111	tax	tax	NOUN
fbem-11597	55	112	capacity	capacity	NOUN
fbem-11597	55	113	iet	iet	PROPN
fbem-11597	55	114	year	year	NOUN
fbem-11597	55	115	-	-	PUNCT
fbem-11597	55	116	on	on	ADP
fbem-11597	55	117	-	-	PUNCT
fbem-11597	55	118	year	year	NOUN
fbem-11597	55	119	growth	growth	NOUN
fbem-11597	55	120	rate	rate	NOUN
fbem-11597	55	121	of	of	ADP
fbem-11597	55	122	vat	vat	NOUN
fbem-11597	55	123	payable	payable	ADJ
fbem-11597	55	124	by	by	ADP
fbem-11597	55	125	industrial	industrial	ADJ
fbem-11597	55	126	enterprises	enterprise	NOUN
fbem-11597	55	127	this	this	DET
fbem-11597	55	128	study	study	NOUN
fbem-11597	55	129	set	set	VERB
fbem-11597	55	130	comprising	comprise	VERB
fbem-11597	55	131	271	271	NUM
fbem-11597	55	132	prefecture	prefecture	NOUN
fbem-11597	55	133	-	-	PUNCT
fbem-11597	55	134	level	level	NOUN
fbem-11597	55	135	cities	city	NOUN
fbem-11597	55	136	is	be	AUX
fbem-11597	55	137	constructed	construct	VERB
fbem-11597	55	138	,	,	PUNCT
fbem-11597	55	139	covering	cover	VERB
fbem-11597	55	140	the	the	DET
fbem-11597	55	141	period	period	NOUN
fbem-11597	55	142	from	from	ADP
fbem-11597	55	143	2008	2008	NUM
fbem-11597	55	144	to	to	ADP
fbem-11597	55	145	2020	2020	NUM
fbem-11597	55	146	.	.	PUNCT
fbem-11597	56	1	the	the	DET
fbem-11597	56	2	debt	debt	NOUN
fbem-11597	56	3	balance	balance	NOUN
fbem-11597	56	4	data	datum	NOUN
fbem-11597	56	5	of	of	ADP
fbem-11597	56	6	local	local	ADJ
fbem-11597	56	7	governments	government	NOUN
fbem-11597	56	8	are	be	AUX
fbem-11597	56	9	sourced	source	VERB
fbem-11597	56	10	from	from	ADP
fbem-11597	56	11	the	the	DET
fbem-11597	56	12	wind	wind	NOUN
fbem-11597	56	13	database	database	NOUN
fbem-11597	56	14	.	.	PUNCT
fbem-11597	57	1	other	other	ADJ
fbem-11597	57	2	variables	variable	NOUN
fbem-11597	57	3	are	be	AUX
fbem-11597	57	4	sourced	source	VERB
fbem-11597	57	5	from	from	ADP
fbem-11597	57	6	the	the	DET
fbem-11597	57	7	statistical	statistical	ADJ
fbem-11597	57	8	yearbooks	yearbook	NOUN
fbem-11597	57	9	.	.	PUNCT
fbem-11597	58	1	4	4	X
fbem-11597	58	2	.	.	X
fbem-11597	58	3	benchmark	benchmark	ADJ
fbem-11597	58	4	regression	regression	NOUN
fbem-11597	58	5	and	and	CCONJ
fbem-11597	58	6	mechanism	mechanism	NOUN
fbem-11597	58	7	test	test	NOUN
fbem-11597	58	8	4.1	4.1	NUM
fbem-11597	58	9	.	.	NOUN
fbem-11597	58	10	4.1	4.1	NUM
fbem-11597	58	11	baseline	baseline	PROPN
fbem-11597	58	12	regression	regression	NOUN
fbem-11597	58	13	result	result	NOUN
fbem-11597	58	14	we	we	PRON
fbem-11597	58	15	begin	begin	VERB
fbem-11597	58	16	by	by	ADP
fbem-11597	58	17	investigating	investigate	VERB
fbem-11597	58	18	the	the	DET
fbem-11597	58	19	impact	impact	NOUN
fbem-11597	58	20	of	of	ADP
fbem-11597	58	21	local	local	ADJ
fbem-11597	58	22	governments	government	NOUN
fbem-11597	58	23	'	'	PART
fbem-11597	58	24	land	land	NOUN
fbem-11597	58	25	financing	financing	NOUN
fbem-11597	58	26	mode	mode	NOUN
fbem-11597	58	27	on	on	ADP
fbem-11597	58	28	their	their	PRON
fbem-11597	58	29	debt	debt	NOUN
fbem-11597	58	30	burden	burden	NOUN
fbem-11597	58	31	.	.	PUNCT
fbem-11597	59	1	models	model	NOUN
fbem-11597	59	2	(	(	PUNCT
fbem-11597	59	3	1	1	X
fbem-11597	59	4	)	)	PUNCT
fbem-11597	59	5	to	to	ADP
fbem-11597	59	6	(	(	PUNCT
fbem-11597	59	7	4	4	X
fbem-11597	59	8	)	)	PUNCT
fbem-11597	59	9	are	be	AUX
fbem-11597	59	10	estimated	estimate	VERB
fbem-11597	59	11	using	use	VERB
fbem-11597	59	12	a	a	DET
fbem-11597	59	13	two	two	NUM
fbem-11597	59	14	-	-	PUNCT
fbem-11597	59	15	way	way	NOUN
fbem-11597	59	16	fixed	fix	VERB
fbem-11597	59	17	effect	effect	NOUN
fbem-11597	59	18	panel	panel	NOUN
fbem-11597	59	19	model	model	NOUN
fbem-11597	59	20	.	.	PUNCT
fbem-11597	60	1	the	the	DET
fbem-11597	60	2	20	20	NUM
fbem-11597	60	3	findings	finding	NOUN
fbem-11597	60	4	support	support	VERB
fbem-11597	60	5	the	the	DET
fbem-11597	60	6	theoretical	theoretical	ADJ
fbem-11597	60	7	analysis	analysis	NOUN
fbem-11597	60	8	,	,	PUNCT
fbem-11597	60	9	demonstrating	demonstrate	VERB
fbem-11597	60	10	that	that	SCONJ
fbem-11597	60	11	local	local	ADJ
fbem-11597	60	12	government	government	NOUN
fbem-11597	60	13	debt	debt	NOUN
fbem-11597	60	14	expansion	expansion	NOUN
fbem-11597	60	15	is	be	AUX
fbem-11597	60	16	influenced	influence	VERB
fbem-11597	60	17	by	by	ADP
fbem-11597	60	18	their	their	PRON
fbem-11597	60	19	land	land	NOUN
fbem-11597	60	20	financing	financing	NOUN
fbem-11597	60	21	behavior	behavior	NOUN
fbem-11597	60	22	.	.	PUNCT
fbem-11597	61	1	moreover	moreover	ADV
fbem-11597	61	2	,	,	PUNCT
fbem-11597	61	3	different	different	ADJ
fbem-11597	61	4	financing	financing	NOUN
fbem-11597	61	5	methods	method	NOUN
fbem-11597	61	6	have	have	VERB
fbem-11597	61	7	varying	vary	VERB
fbem-11597	61	8	effects	effect	NOUN
fbem-11597	61	9	on	on	ADP
fbem-11597	61	10	local	local	ADJ
fbem-11597	61	11	government	government	NOUN
fbem-11597	61	12	debt	debt	NOUN
fbem-11597	61	13	leverage	leverage	NOUN
fbem-11597	61	14	due	due	ADP
fbem-11597	61	15	to	to	ADP
fbem-11597	61	16	their	their	PRON
fbem-11597	61	17	unique	unique	ADJ
fbem-11597	61	18	endogenous	endogenous	ADJ
fbem-11597	61	19	functions	function	NOUN
fbem-11597	61	20	.	.	PUNCT
fbem-11597	62	1	specifically	specifically	ADV
fbem-11597	62	2	,	,	PUNCT
fbem-11597	62	3	the	the	DET
fbem-11597	62	4	“	"	PUNCT
fbem-11597	62	5	land	land	NOUN
fbem-11597	62	6	finance	finance	NOUN
fbem-11597	62	7	”	"	PUNCT
fbem-11597	62	8	model	model	NOUN
fbem-11597	62	9	,	,	PUNCT
fbem-11597	62	10	involving	involve	VERB
fbem-11597	62	11	inter	inter	ADJ
fbem-11597	62	12	-	-	ADJ
fbem-11597	62	13	temporal	temporal	ADJ
fbem-11597	62	14	fund	fund	NOUN
fbem-11597	62	15	transfers	transfer	NOUN
fbem-11597	62	16	,	,	PUNCT
fbem-11597	62	17	has	have	VERB
fbem-11597	62	18	a	a	DET
fbem-11597	62	19	more	more	ADV
fbem-11597	62	20	pronounced	pronounced	ADJ
fbem-11597	62	21	effect	effect	NOUN
fbem-11597	62	22	on	on	ADP
fbem-11597	62	23	increasing	increase	VERB
fbem-11597	62	24	local	local	ADJ
fbem-11597	62	25	government	government	NOUN
fbem-11597	62	26	debt	debt	NOUN
fbem-11597	62	27	leverage	leverage	NOUN
fbem-11597	62	28	compared	compare	VERB
fbem-11597	62	29	to	to	ADP
fbem-11597	62	30	the	the	DET
fbem-11597	62	31	"	"	PUNCT
fbem-11597	62	32	getting	get	VERB
fbem-11597	62	33	revenue	revenue	NOUN
fbem-11597	62	34	by	by	ADP
fbem-11597	62	35	selling	sell	VERB
fbem-11597	62	36	land	land	NOUN
fbem-11597	62	37	"	"	PUNCT
fbem-11597	62	38	model	model	NOUN
fbem-11597	62	39	,	,	PUNCT
fbem-11597	62	40	which	which	PRON
fbem-11597	62	41	generates	generate	VERB
fbem-11597	62	42	one	one	NUM
fbem-11597	62	43	-	-	PUNCT
fbem-11597	62	44	time	time	NOUN
fbem-11597	62	45	income	income	NOUN
fbem-11597	62	46	.	.	PUNCT
fbem-11597	63	1	table	table	NOUN
fbem-11597	63	2	2	2	NUM
fbem-11597	63	3	.	.	PUNCT
fbem-11597	63	4	baseline	baseline	PROPN
fbem-11597	63	5	regression	regression	PROPN
fbem-11597	63	6	result	result	NOUN
fbem-11597	63	7	(	(	PUNCT
fbem-11597	63	8	1	1	NUM
fbem-11597	63	9	)	)	PUNCT
fbem-11597	63	10	(	(	PUNCT
fbem-11597	63	11	2	2	NUM
fbem-11597	63	12	)	)	PUNCT
fbem-11597	63	13	(	(	PUNCT
fbem-11597	63	14	3	3	X
fbem-11597	63	15	)	)	PUNCT
fbem-11597	63	16	(	(	PUNCT
fbem-11597	63	17	4	4	X
fbem-11597	63	18	)	)	PUNCT
fbem-11597	64	1	lt	lt	PRON
fbem-11597	64	2	0.0477	0.0477	NUM
fbem-11597	64	3	*	*	SYM
fbem-11597	64	4	0.0635	0.0635	NUM
fbem-11597	64	5	*	*	PUNCT
fbem-11597	64	6	*	*	NOUN
fbem-11597	64	7	0.0601	0.0601	NUM
fbem-11597	64	8	*	*	PUNCT
fbem-11597	64	9	*	*	PUNCT
fbem-11597	64	10	(	(	PUNCT
fbem-11597	64	11	0.0249	0.0249	NUM
fbem-11597	64	12	)	)	PUNCT
fbem-11597	64	13	(	(	PUNCT
fbem-11597	64	14	0.0253	0.0253	NUM
fbem-11597	64	15	)	)	PUNCT
fbem-11597	64	16	(	(	PUNCT
fbem-11597	64	17	0.0251	0.0251	NUM
fbem-11597	64	18	)	)	PUNCT
fbem-11597	64	19	lf	lf	ADP
fbem-11597	64	20	0.1310	0.1310	NUM
fbem-11597	64	21	*	*	PUNCT
fbem-11597	64	22	*	*	PUNCT
fbem-11597	64	23	*	*	PUNCT
fbem-11597	64	24	0.1488	0.1488	NUM
fbem-11597	64	25	*	*	PUNCT
fbem-11597	64	26	*	*	PUNCT
fbem-11597	64	27	*	*	PUNCT
fbem-11597	64	28	0.1631	0.1631	NUM
fbem-11597	64	29	*	*	PUNCT
fbem-11597	64	30	*	*	PUNCT
fbem-11597	64	31	*	*	PUNCT
fbem-11597	64	32	(	(	PUNCT
fbem-11597	64	33	0.0406	0.0406	NUM
fbem-11597	64	34	)	)	PUNCT
fbem-11597	64	35	(	(	PUNCT
fbem-11597	64	36	0.0412	0.0412	NUM
fbem-11597	64	37	)	)	PUNCT
fbem-11597	64	38	(	(	PUNCT
fbem-11597	64	39	0.0417	0.0417	NUM
fbem-11597	64	40	)	)	PUNCT
fbem-11597	64	41	control	control	NOUN
fbem-11597	64	42	variable	variable	NOUN
fbem-11597	65	1	no	no	INTJ
fbem-11597	65	2	no	no	INTJ
fbem-11597	66	1	no	no	INTJ
fbem-11597	66	2	yes	yes	INTJ
fbem-11597	67	1	n	n	CCONJ
fbem-11597	67	2	3522	3522	NUM
fbem-11597	67	3	3523	3523	NUM
fbem-11597	67	4	3522	3522	NUM
fbem-11597	67	5	3519	3519	NUM
fbem-11597	67	6	r2	r2	NOUN
fbem-11597	67	7	0.179	0.179	NUM
fbem-11597	67	8	0.180	0.180	NUM
fbem-11597	67	9	0.182	0.182	NUM
fbem-11597	67	10	0.201	0.201	NUM
fbem-11597	67	11	4.2	4.2	NUM
fbem-11597	67	12	.	.	PUNCT
fbem-11597	68	1	robustness	robustness	NOUN
fbem-11597	68	2	test	test	NOUN
fbem-11597	68	3	estimation	estimation	NOUN
fbem-11597	68	4	1	1	NUM
fbem-11597	68	5	in	in	ADP
fbem-11597	68	6	table	table	NOUN
fbem-11597	68	7	3	3	NUM
fbem-11597	68	8	replaces	replace	VERB
fbem-11597	68	9	the	the	DET
fbem-11597	68	10	dependent	dependent	ADJ
fbem-11597	68	11	variable	variable	NOUN
fbem-11597	68	12	with	with	ADP
fbem-11597	68	13	the	the	DET
fbem-11597	68	14	ratio	ratio	NOUN
fbem-11597	68	15	of	of	ADP
fbem-11597	68	16	local	local	ADJ
fbem-11597	68	17	government	government	NOUN
fbem-11597	68	18	debt	debt	NOUN
fbem-11597	68	19	balance	balance	NOUN
fbem-11597	68	20	to	to	ADP
fbem-11597	68	21	gdp	gdp	NOUN
fbem-11597	68	22	(	(	PUNCT
fbem-11597	68	23	referred	refer	VERB
fbem-11597	68	24	to	to	ADP
fbem-11597	68	25	as	as	ADP
fbem-11597	68	26	db1	db1	NOUN
fbem-11597	68	27	)	)	PUNCT
fbem-11597	68	28	.	.	PUNCT
fbem-11597	69	1	estimation	estimation	NOUN
fbem-11597	69	2	2	2	NUM
fbem-11597	69	3	builds	build	VERB
fbem-11597	69	4	upon	upon	SCONJ
fbem-11597	69	5	this	this	PRON
fbem-11597	69	6	by	by	ADP
fbem-11597	69	7	replacing	replace	VERB
fbem-11597	69	8	the	the	DET
fbem-11597	69	9	core	core	ADJ
fbem-11597	69	10	explanatory	explanatory	ADJ
fbem-11597	69	11	variable	variable	NOUN
fbem-11597	69	12	"	"	PUNCT
fbem-11597	69	13	getting	get	VERB
fbem-11597	69	14	revenue	revenue	NOUN
fbem-11597	69	15	by	by	ADP
fbem-11597	69	16	selling	sell	VERB
fbem-11597	69	17	land	land	NOUN
fbem-11597	69	18	"	"	PUNCT
fbem-11597	69	19	with	with	ADP
fbem-11597	69	20	land	land	NOUN
fbem-11597	69	21	transfer	transfer	NOUN
fbem-11597	69	22	income	income	NOUN
fbem-11597	69	23	/	/	SYM
fbem-11597	69	24	fiscal	fiscal	ADJ
fbem-11597	69	25	revenue	revenue	NOUN
fbem-11597	69	26	,	,	PUNCT
fbem-11597	69	27	while	while	SCONJ
fbem-11597	69	28	"	"	PUNCT
fbem-11597	69	29	land	land	NOUN
fbem-11597	69	30	finance	finance	NOUN
fbem-11597	69	31	"	"	PUNCT
fbem-11597	69	32	is	be	AUX
fbem-11597	69	33	substituted	substitute	VERB
fbem-11597	69	34	with	with	ADP
fbem-11597	69	35	real	real	ADJ
fbem-11597	69	36	estate	estate	NOUN
fbem-11597	69	37	investment	investment	NOUN
fbem-11597	69	38	/	/	SYM
fbem-11597	69	39	fixed	fix	VERB
fbem-11597	69	40	asset	asset	NOUN
fbem-11597	69	41	investment.to	investment.to	PRON
fbem-11597	69	42	assess	assess	VERB
fbem-11597	69	43	the	the	DET
fbem-11597	69	44	short	short	ADJ
fbem-11597	69	45	-	-	PUNCT
fbem-11597	69	46	term	term	NOUN
fbem-11597	69	47	debt	debt	NOUN
fbem-11597	69	48	repayment	repayment	NOUN
fbem-11597	69	49	pressure	pressure	NOUN
fbem-11597	69	50	of	of	ADP
fbem-11597	69	51	local	local	ADJ
fbem-11597	69	52	governments	government	NOUN
fbem-11597	69	53	from	from	ADP
fbem-11597	69	54	a	a	DET
fbem-11597	69	55	cash	cash	NOUN
fbem-11597	69	56	flow	flow	NOUN
fbem-11597	69	57	perspective	perspective	NOUN
fbem-11597	69	58	,	,	PUNCT
fbem-11597	69	59	estimation	estimation	NOUN
fbem-11597	69	60	3	3	NUM
fbem-11597	69	61	replaces	replace	VERB
fbem-11597	69	62	the	the	DET
fbem-11597	69	63	denominator	denominator	NOUN
fbem-11597	69	64	of	of	ADP
fbem-11597	69	65	the	the	DET
fbem-11597	69	66	dependent	dependent	ADJ
fbem-11597	69	67	variable	variable	NOUN
fbem-11597	69	68	with	with	ADP
fbem-11597	69	69	fiscal	fiscal	ADJ
fbem-11597	69	70	revenue	revenue	NOUN
fbem-11597	69	71	(	(	PUNCT
fbem-11597	69	72	db2	db2	PROPN
fbem-11597	69	73	)	)	PUNCT
fbem-11597	69	74	.	.	PUNCT
fbem-11597	70	1	estimation	estimation	NOUN
fbem-11597	70	2	4	4	NUM
fbem-11597	70	3	excludes	exclude	VERB
fbem-11597	70	4	cities	city	NOUN
fbem-11597	70	5	separately	separately	ADV
fbem-11597	70	6	listed	list	VERB
fbem-11597	70	7	in	in	ADP
fbem-11597	70	8	the	the	DET
fbem-11597	70	9	state	state	NOUN
fbem-11597	70	10	plan	plan	NOUN
fbem-11597	70	11	,	,	PUNCT
fbem-11597	70	12	conducting	conduct	VERB
fbem-11597	70	13	a	a	DET
fbem-11597	70	14	robustness	robustness	NOUN
fbem-11597	70	15	test	test	NOUN
fbem-11597	70	16	by	by	ADP
fbem-11597	70	17	excluding	exclude	VERB
fbem-11597	70	18	these	these	DET
fbem-11597	70	19	special	special	ADJ
fbem-11597	70	20	samples	sample	NOUN
fbem-11597	70	21	due	due	ADJ
fbem-11597	70	22	to	to	ADP
fbem-11597	70	23	potential	potential	ADJ
fbem-11597	70	24	differences	difference	NOUN
fbem-11597	70	25	in	in	ADP
fbem-11597	70	26	fiscal	fiscal	ADJ
fbem-11597	70	27	and	and	CCONJ
fbem-11597	70	28	financial	financial	ADJ
fbem-11597	70	29	endowments.table	endowments.table	ADJ
fbem-11597	70	30	3	3	NUM
fbem-11597	70	31	presents	present	VERB
fbem-11597	70	32	the	the	DET
fbem-11597	70	33	results	result	NOUN
fbem-11597	70	34	of	of	ADP
fbem-11597	70	35	estimations	estimation	NOUN
fbem-11597	70	36	(	(	PUNCT
fbem-11597	70	37	1	1	NUM
fbem-11597	70	38	)	)	PUNCT
fbem-11597	70	39	to	to	ADP
fbem-11597	70	40	(	(	PUNCT
fbem-11597	70	41	4	4	NUM
fbem-11597	70	42	)	)	PUNCT
fbem-11597	70	43	,	,	PUNCT
fbem-11597	70	44	demonstrating	demonstrate	VERB
fbem-11597	70	45	that	that	SCONJ
fbem-11597	70	46	the	the	DET
fbem-11597	70	47	benchmark	benchmark	NOUN
fbem-11597	70	48	regression	regression	NOUN
fbem-11597	70	49	results	result	NOUN
fbem-11597	70	50	remain	remain	VERB
fbem-11597	70	51	significant	significant	ADJ
fbem-11597	70	52	even	even	ADV
fbem-11597	70	53	after	after	ADP
fbem-11597	70	54	conducting	conduct	VERB
fbem-11597	70	55	various	various	ADJ
fbem-11597	70	56	robustness	robustness	NOUN
fbem-11597	70	57	tests	test	NOUN
fbem-11597	70	58	.	.	PUNCT
fbem-11597	71	1	table	table	NOUN
fbem-11597	71	2	3	3	NUM
fbem-11597	71	3	.	.	PUNCT
fbem-11597	71	4	robustness	robustness	NOUN
fbem-11597	71	5	test	test	NOUN
fbem-11597	71	6	(	(	PUNCT
fbem-11597	71	7	1	1	NUM
fbem-11597	71	8	)	)	PUNCT
fbem-11597	71	9	(	(	PUNCT
fbem-11597	71	10	2	2	NUM
fbem-11597	71	11	)	)	PUNCT
fbem-11597	71	12	(	(	PUNCT
fbem-11597	71	13	3	3	X
fbem-11597	71	14	)	)	PUNCT
fbem-11597	71	15	(	(	PUNCT
fbem-11597	71	16	4	4	X
fbem-11597	71	17	)	)	PUNCT
fbem-11597	71	18	db1	db1	NOUN
fbem-11597	71	19	db1	db1	NOUN
fbem-11597	71	20	db2	db2	NOUN
fbem-11597	71	21	db	db	ADP
fbem-11597	71	22	lt	lt	PRON
fbem-11597	71	23	0.0259	0.0259	NUM
fbem-11597	71	24	*	*	PUNCT
fbem-11597	71	25	*	*	PUNCT
fbem-11597	71	26	*	*	NOUN
fbem-11597	71	27	0.0305	0.0305	NUM
fbem-11597	71	28	*	*	PUNCT
fbem-11597	71	29	*	*	PUNCT
fbem-11597	71	30	*	*	PUNCT
fbem-11597	72	1	0.0395	0.0395	NUM
fbem-11597	72	2	*	*	PUNCT
fbem-11597	72	3	*	*	PUNCT
fbem-11597	72	4	*	*	PUNCT
fbem-11597	72	5	0.0665	0.0665	NUM
fbem-11597	72	6	*	*	PUNCT
fbem-11597	72	7	*	*	PUNCT
fbem-11597	72	8	(	(	PUNCT
fbem-11597	72	9	0.0060	0.0060	NUM
fbem-11597	72	10	)	)	PUNCT
fbem-11597	72	11	(	(	PUNCT
fbem-11597	72	12	0.0095	0.0095	NUM
fbem-11597	72	13	)	)	PUNCT
fbem-11597	72	14	(	(	PUNCT
fbem-11597	72	15	0.0127	0.0127	NUM
fbem-11597	72	16	)	)	PUNCT
fbem-11597	72	17	(	(	PUNCT
fbem-11597	72	18	0.0258	0.0258	NUM
fbem-11597	72	19	)	)	PUNCT
fbem-11597	72	20	lf	lf	ADP
fbem-11597	72	21	0.0387	0.0387	NUM
fbem-11597	72	22	*	*	PUNCT
fbem-11597	72	23	*	*	PUNCT
fbem-11597	72	24	*	*	PUNCT
fbem-11597	73	1	0.0834	0.0834	NUM
fbem-11597	73	2	*	*	PUNCT
fbem-11597	73	3	0.1187	0.1187	NUM
fbem-11597	73	4	*	*	PUNCT
fbem-11597	73	5	*	*	PUNCT
fbem-11597	73	6	*	*	PUNCT
fbem-11597	73	7	0.1628	0.1628	PUNCT
fbem-11597	73	8	*	*	PUNCT
fbem-11597	73	9	*	*	PUNCT
fbem-11597	73	10	*	*	PUNCT
fbem-11597	73	11	(	(	PUNCT
fbem-11597	73	12	0.0099	0.0099	NUM
fbem-11597	73	13	)	)	PUNCT
fbem-11597	73	14	(	(	PUNCT
fbem-11597	73	15	0.0495	0.0495	NUM
fbem-11597	73	16	)	)	PUNCT
fbem-11597	73	17	(	(	PUNCT
fbem-11597	73	18	0.0212	0.0212	NUM
fbem-11597	73	19	)	)	PUNCT
fbem-11597	73	20	(	(	PUNCT
fbem-11597	73	21	0.0426	0.0426	NUM
fbem-11597	73	22	)	)	PUNCT
fbem-11597	73	23	control	control	NOUN
fbem-11597	73	24	variable	variable	NOUN
fbem-11597	73	25	yes	yes	INTJ
fbem-11597	73	26	n	n	CCONJ
fbem-11597	73	27	3519	3519	NUM
fbem-11597	73	28	3519	3519	NUM
fbem-11597	73	29	3519	3519	NUM
fbem-11597	73	30	3454	3454	NUM
fbem-11597	73	31	r2	r2	PROPN
fbem-11597	73	32	0.205	0.205	NUM
fbem-11597	73	33	0.201	0.201	NUM
fbem-11597	73	34	0.947	0.947	NUM
fbem-11597	73	35	0.198	0.198	NUM
fbem-11597	73	36	to	to	PART
fbem-11597	73	37	address	address	VERB
fbem-11597	73	38	potential	potential	ADJ
fbem-11597	73	39	endogeneity	endogeneity	NOUN
fbem-11597	73	40	concerns	concern	NOUN
fbem-11597	73	41	,	,	PUNCT
fbem-11597	73	42	a	a	DET
fbem-11597	73	43	robustness	robustness	NOUN
fbem-11597	73	44	test	test	NOUN
fbem-11597	73	45	is	be	AUX
fbem-11597	73	46	conducted	conduct	VERB
fbem-11597	73	47	by	by	ADP
fbem-11597	73	48	incorporating	incorporate	VERB
fbem-11597	73	49	the	the	DET
fbem-11597	73	50	first	first	ADJ
fbem-11597	73	51	-	-	PUNCT
fbem-11597	73	52	order	order	NOUN
fbem-11597	73	53	lag	lag	NOUN
fbem-11597	73	54	term	term	NOUN
fbem-11597	73	55	of	of	ADP
fbem-11597	73	56	the	the	DET
fbem-11597	73	57	core	core	NOUN
fbem-11597	73	58	explanatory	explanatory	ADJ
fbem-11597	73	59	variables	variable	NOUN
fbem-11597	73	60	.	.	PUNCT
fbem-11597	74	1	table	table	NOUN
fbem-11597	74	2	4	4	NUM
fbem-11597	74	3	,	,	PUNCT
fbem-11597	74	4	estimation	estimation	NOUN
fbem-11597	74	5	(	(	PUNCT
fbem-11597	74	6	1	1	NUM
fbem-11597	74	7	)	)	PUNCT
fbem-11597	74	8	,	,	PUNCT
fbem-11597	74	9	shows	show	VERB
fbem-11597	74	10	that	that	SCONJ
fbem-11597	74	11	the	the	DET
fbem-11597	74	12	lagged	lag	VERB
fbem-11597	74	13	variables	variable	NOUN
fbem-11597	74	14	continue	continue	VERB
fbem-11597	74	15	to	to	PART
fbem-11597	74	16	exert	exert	VERB
fbem-11597	74	17	a	a	DET
fbem-11597	74	18	significantly	significantly	ADV
fbem-11597	74	19	positive	positive	ADJ
fbem-11597	74	20	impact	impact	NOUN
fbem-11597	74	21	on	on	ADP
fbem-11597	74	22	the	the	DET
fbem-11597	74	23	local	local	ADJ
fbem-11597	74	24	government	government	NOUN
fbem-11597	74	25	debt	debt	NOUN
fbem-11597	74	26	burden	burden	NOUN
fbem-11597	74	27	ratio	ratio	NOUN
fbem-11597	74	28	.	.	PUNCT
fbem-11597	75	1	estimations	estimation	NOUN
fbem-11597	75	2	(	(	PUNCT
fbem-11597	75	3	2	2	NUM
fbem-11597	75	4	)	)	PUNCT
fbem-11597	75	5	to	to	ADP
fbem-11597	75	6	(	(	PUNCT
fbem-11597	75	7	3	3	X
fbem-11597	75	8	)	)	PUNCT
fbem-11597	75	9	employ	employ	VERB
fbem-11597	75	10	instrumental	instrumental	ADJ
fbem-11597	75	11	variables	variable	NOUN
fbem-11597	75	12	for	for	ADP
fbem-11597	75	13	"	"	PUNCT
fbem-11597	75	14	getting	get	VERB
fbem-11597	75	15	revenue	revenue	NOUN
fbem-11597	75	16	by	by	ADP
fbem-11597	75	17	selling	sell	VERB
fbem-11597	75	18	land	land	NOUN
fbem-11597	75	19	"	"	PUNCT
fbem-11597	75	20	and	and	CCONJ
fbem-11597	75	21	"	"	PUNCT
fbem-11597	75	22	land	land	NOUN
fbem-11597	75	23	finance	finance	NOUN
fbem-11597	75	24	"	"	PUNCT
fbem-11597	75	25	using	use	VERB
fbem-11597	75	26	established	establish	VERB
fbem-11597	75	27	approaches	approach	NOUN
fbem-11597	75	28	.	.	PUNCT
fbem-11597	76	1	science	science	NOUN
fbem-11597	76	2	and	and	CCONJ
fbem-11597	76	3	technology	technology	NOUN
fbem-11597	76	4	expenditure	expenditure	NOUN
fbem-11597	76	5	and	and	CCONJ
fbem-11597	76	6	medical	medical	ADJ
fbem-11597	76	7	expenditure	expenditure	NOUN
fbem-11597	76	8	per	per	ADP
fbem-11597	76	9	100	100	NUM
fbem-11597	76	10	people	people	NOUN
fbem-11597	76	11	are	be	AUX
fbem-11597	76	12	selected	select	VERB
fbem-11597	76	13	as	as	ADP
fbem-11597	76	14	instrumental	instrumental	ADJ
fbem-11597	76	15	variables	variable	NOUN
fbem-11597	76	16	.	.	PUNCT
fbem-11597	77	1	the	the	DET
fbem-11597	77	2	results	result	NOUN
fbem-11597	77	3	indicate	indicate	VERB
fbem-11597	77	4	that	that	SCONJ
fbem-11597	77	5	the	the	DET
fbem-11597	77	6	signs	sign	NOUN
fbem-11597	77	7	and	and	CCONJ
fbem-11597	77	8	significance	significance	NOUN
fbem-11597	77	9	of	of	ADP
fbem-11597	77	10	"	"	PUNCT
fbem-11597	77	11	getting	get	VERB
fbem-11597	77	12	revenue	revenue	NOUN
fbem-11597	77	13	by	by	ADP
fbem-11597	77	14	selling	sell	VERB
fbem-11597	77	15	land	land	NOUN
fbem-11597	77	16	"	"	PUNCT
fbem-11597	77	17	and	and	CCONJ
fbem-11597	77	18	"	"	PUNCT
fbem-11597	77	19	land	land	NOUN
fbem-11597	77	20	finance	finance	NOUN
fbem-11597	77	21	"	"	PUNCT
fbem-11597	77	22	remain	remain	VERB
fbem-11597	77	23	largely	largely	ADV
fbem-11597	77	24	unchanged	unchanged	ADJ
fbem-11597	77	25	.	.	PUNCT
fbem-11597	78	1	in	in	ADP
fbem-11597	78	2	estimation	estimation	NOUN
fbem-11597	78	3	4	4	NUM
fbem-11597	78	4	,	,	PUNCT
fbem-11597	78	5	additional	additional	ADJ
fbem-11597	78	6	control	control	NOUN
fbem-11597	78	7	variables	variable	NOUN
fbem-11597	78	8	,	,	PUNCT
fbem-11597	78	9	such	such	ADJ
fbem-11597	78	10	as	as	ADP
fbem-11597	78	11	the	the	DET
fbem-11597	78	12	average	average	ADJ
fbem-11597	78	13	salary	salary	NOUN
fbem-11597	78	14	of	of	ADP
fbem-11597	78	15	local	local	ADJ
fbem-11597	78	16	employees	employee	NOUN
fbem-11597	78	17	and	and	CCONJ
fbem-11597	78	18	the	the	DET
fbem-11597	78	19	number	number	NOUN
fbem-11597	78	20	of	of	ADP
fbem-11597	78	21	hospital	hospital	NOUN
fbem-11597	78	22	beds	bed	NOUN
fbem-11597	78	23	,	,	PUNCT
fbem-11597	78	24	are	be	AUX
fbem-11597	78	25	included	include	VERB
fbem-11597	78	26	to	to	PART
fbem-11597	78	27	account	account	VERB
fbem-11597	78	28	for	for	ADP
fbem-11597	78	29	potential	potential	ADJ
fbem-11597	78	30	omitted	omit	VERB
fbem-11597	78	31	variables	variable	NOUN
fbem-11597	78	32	in	in	ADP
fbem-11597	78	33	the	the	DET
fbem-11597	78	34	model	model	NOUN
fbem-11597	78	35	.	.	PUNCT
fbem-11597	79	1	the	the	DET
fbem-11597	79	2	regression	regression	NOUN
fbem-11597	79	3	results	result	NOUN
fbem-11597	79	4	remain	remain	VERB
fbem-11597	79	5	statistically	statistically	ADV
fbem-11597	79	6	significant	significant	ADJ
fbem-11597	79	7	and	and	CCONJ
fbem-11597	79	8	robust	robust	ADJ
fbem-11597	79	9	,	,	PUNCT
fbem-11597	79	10	further	far	ADV
fbem-11597	79	11	supporting	support	VERB
fbem-11597	79	12	the	the	DET
fbem-11597	79	13	study	study	NOUN
fbem-11597	79	14	's	's	PART
fbem-11597	79	15	findings	finding	NOUN
fbem-11597	79	16	.	.	PUNCT
fbem-11597	80	1	table	table	NOUN
fbem-11597	80	2	4	4	NUM
fbem-11597	80	3	.	.	PUNCT
fbem-11597	80	4	robustness	robustness	NOUN
fbem-11597	80	5	test	test	NOUN
fbem-11597	80	6	for	for	ADP
fbem-11597	80	7	endogeneity	endogeneity	NOUN
fbem-11597	80	8	(	(	PUNCT
fbem-11597	80	9	1	1	NUM
fbem-11597	80	10	)	)	PUNCT
fbem-11597	80	11	(	(	PUNCT
fbem-11597	80	12	2	2	NUM
fbem-11597	80	13	)	)	PUNCT
fbem-11597	80	14	(	(	PUNCT
fbem-11597	80	15	3	3	X
fbem-11597	80	16	)	)	PUNCT
fbem-11597	80	17	(	(	PUNCT
fbem-11597	80	18	4	4	X
fbem-11597	80	19	)	)	PUNCT
fbem-11597	81	1	lt	lt	DET
fbem-11597	81	2	0.0454	0.0454	NUM
fbem-11597	81	3	*	*	SYM
fbem-11597	81	4	0.7255	0.7255	NUM
fbem-11597	81	5	*	*	NOUN
fbem-11597	81	6	*	*	NOUN
fbem-11597	81	7	0.2199	0.2199	NUM
fbem-11597	81	8	*	*	PUNCT
fbem-11597	81	9	*	*	PUNCT
fbem-11597	81	10	0.0557	0.0557	PUNCT
fbem-11597	81	11	*	*	PUNCT
fbem-11597	81	12	*	*	PUNCT
fbem-11597	81	13	(	(	PUNCT
fbem-11597	81	14	0.0267	0.0267	NUM
fbem-11597	81	15	)	)	PUNCT
fbem-11597	81	16	(	(	PUNCT
fbem-11597	81	17	0.3446	0.3446	NUM
fbem-11597	81	18	)	)	PUNCT
fbem-11597	81	19	(	(	PUNCT
fbem-11597	81	20	0.1104	0.1104	NUM
fbem-11597	81	21	)	)	PUNCT
fbem-11597	81	22	(	(	PUNCT
fbem-11597	81	23	0.0250	0.0250	NUM
fbem-11597	81	24	)	)	PUNCT
fbem-11597	81	25	lf	lf	ADP
fbem-11597	81	26	0.1359	0.1359	NUM
fbem-11597	81	27	*	*	PUNCT
fbem-11597	81	28	*	*	PUNCT
fbem-11597	81	29	*	*	PUNCT
fbem-11597	81	30	0.3380	0.3380	PUNCT
fbem-11597	81	31	*	*	PUNCT
fbem-11597	81	32	*	*	PUNCT
fbem-11597	81	33	*	*	PUNCT
fbem-11597	81	34	1.8492	1.8492	NUM
fbem-11597	81	35	*	*	NOUN
fbem-11597	81	36	0.1926	0.1926	NUM
fbem-11597	81	37	*	*	PUNCT
fbem-11597	81	38	*	*	PUNCT
fbem-11597	81	39	*	*	PUNCT
fbem-11597	81	40	(	(	PUNCT
fbem-11597	81	41	0.0453	0.0453	NUM
fbem-11597	81	42	)	)	PUNCT
fbem-11597	81	43	(	(	PUNCT
fbem-11597	81	44	0.1013	0.1013	NUM
fbem-11597	81	45	)	)	PUNCT
fbem-11597	81	46	(	(	PUNCT
fbem-11597	81	47	1.1171	1.1171	NUM
fbem-11597	81	48	)	)	PUNCT
fbem-11597	81	49	(	(	PUNCT
fbem-11597	81	50	0.0421	0.0421	NUM
fbem-11597	81	51	)	)	PUNCT
fbem-11597	81	52	control	control	NOUN
fbem-11597	81	53	variable	variable	NOUN
fbem-11597	81	54	yes	yes	INTJ
fbem-11597	81	55	n	n	CCONJ
fbem-11597	81	56	3248	3248	NUM
fbem-11597	81	57	3516	3516	NUM
fbem-11597	81	58	3516	3516	NUM
fbem-11597	81	59	3518	3518	NUM
fbem-11597	81	60	r2	r2	PROPN
fbem-11597	81	61	0.192	0.192	NUM
fbem-11597	81	62	0.209	0.209	NUM
fbem-11597	81	63	4.3	4.3	NUM
fbem-11597	81	64	.	.	PUNCT
fbem-11597	82	1	mechanism	mechanism	NOUN
fbem-11597	82	2	test	test	NOUN
fbem-11597	82	3	to	to	PART
fbem-11597	82	4	better	well	ADV
fbem-11597	82	5	understand	understand	VERB
fbem-11597	82	6	how	how	SCONJ
fbem-11597	82	7	"	"	PUNCT
fbem-11597	82	8	getting	get	VERB
fbem-11597	82	9	revenue	revenue	NOUN
fbem-11597	82	10	by	by	ADP
fbem-11597	82	11	selling	sell	VERB
fbem-11597	82	12	land	land	NOUN
fbem-11597	82	13	"	"	PUNCT
fbem-11597	82	14	and	and	CCONJ
fbem-11597	82	15	"	"	PUNCT
fbem-11597	82	16	land	land	NOUN
fbem-11597	82	17	finance	finance	NOUN
fbem-11597	82	18	"	"	PUNCT
fbem-11597	82	19	influence	influence	NOUN
fbem-11597	82	20	local	local	ADJ
fbem-11597	82	21	government	government	NOUN
fbem-11597	82	22	debt	debt	NOUN
fbem-11597	82	23	,	,	PUNCT
fbem-11597	82	24	this	this	DET
fbem-11597	82	25	study	study	NOUN
fbem-11597	82	26	conducts	conduct	VERB
fbem-11597	82	27	group	group	NOUN
fbem-11597	82	28	tests	test	NOUN
fbem-11597	82	29	focusing	focus	VERB
fbem-11597	82	30	on	on	ADP
fbem-11597	82	31	three	three	NUM
fbem-11597	82	32	key	key	ADJ
fbem-11597	82	33	aspects	aspect	NOUN
fbem-11597	82	34	:	:	PUNCT
fbem-11597	82	35	economic	economic	ADJ
fbem-11597	82	36	growth	growth	NOUN
fbem-11597	82	37	pressure	pressure	NOUN
fbem-11597	82	38	,	,	PUNCT
fbem-11597	82	39	financial	financial	ADJ
fbem-11597	82	40	pressure	pressure	NOUN
fbem-11597	82	41	at	at	ADP
fbem-11597	82	42	the	the	DET
fbem-11597	82	43	same	same	ADJ
fbem-11597	82	44	government	government	NOUN
fbem-11597	82	45	level	level	NOUN
fbem-11597	82	46	,	,	PUNCT
fbem-11597	82	47	and	and	CCONJ
fbem-11597	82	48	financial	financial	ADJ
fbem-11597	82	49	pressure	pressure	NOUN
fbem-11597	82	50	at	at	ADP
fbem-11597	82	51	higher	high	ADJ
fbem-11597	82	52	government	government	NOUN
fbem-11597	82	53	levels.estimates	levels.estimate	NOUN
fbem-11597	82	54	(	(	PUNCT
fbem-11597	82	55	1	1	NUM
fbem-11597	82	56	)	)	PUNCT
fbem-11597	82	57	to	to	ADP
fbem-11597	82	58	(	(	PUNCT
fbem-11597	82	59	4	4	X
fbem-11597	82	60	)	)	PUNCT
fbem-11597	82	61	in	in	ADP
fbem-11597	82	62	table	table	NOUN
fbem-11597	82	63	5	5	NUM
fbem-11597	82	64	indicate	indicate	VERB
fbem-11597	82	65	that	that	SCONJ
fbem-11597	82	66	21	21	NUM
fbem-11597	82	67	local	local	ADJ
fbem-11597	82	68	governments	government	NOUN
fbem-11597	82	69	,	,	PUNCT
fbem-11597	82	70	especially	especially	ADV
fbem-11597	82	71	those	those	PRON
fbem-11597	82	72	facing	face	VERB
fbem-11597	82	73	significant	significant	ADJ
fbem-11597	82	74	economic	economic	ADJ
fbem-11597	82	75	growth	growth	NOUN
fbem-11597	82	76	pressure	pressure	NOUN
fbem-11597	82	77	and	and	CCONJ
fbem-11597	82	78	substantial	substantial	ADJ
fbem-11597	82	79	fiscal	fiscal	ADJ
fbem-11597	82	80	gaps	gap	NOUN
fbem-11597	82	81	,	,	PUNCT
fbem-11597	82	82	are	be	AUX
fbem-11597	82	83	more	more	ADV
fbem-11597	82	84	likely	likely	ADJ
fbem-11597	82	85	to	to	PART
fbem-11597	82	86	utilize	utilize	VERB
fbem-11597	82	87	land	land	NOUN
fbem-11597	82	88	financing	financing	NOUN
fbem-11597	82	89	to	to	PART
fbem-11597	82	90	secure	secure	VERB
fbem-11597	82	91	funds	fund	NOUN
fbem-11597	82	92	for	for	ADP
fbem-11597	82	93	urban	urban	ADJ
fbem-11597	82	94	construction	construction	NOUN
fbem-11597	82	95	.	.	PUNCT
fbem-11597	83	1	estimates	estimate	NOUN
fbem-11597	83	2	(	(	PUNCT
fbem-11597	83	3	5	5	NUM
fbem-11597	83	4	)	)	PUNCT
fbem-11597	83	5	to	to	ADP
fbem-11597	83	6	(	(	PUNCT
fbem-11597	83	7	6	6	NUM
fbem-11597	83	8	)	)	PUNCT
fbem-11597	83	9	provide	provide	VERB
fbem-11597	83	10	insights	insight	NOUN
fbem-11597	83	11	into	into	ADP
fbem-11597	83	12	the	the	DET
fbem-11597	83	13	relationship	relationship	NOUN
fbem-11597	83	14	between	between	ADP
fbem-11597	83	15	higher	high	ADJ
fbem-11597	83	16	-	-	PUNCT
fbem-11597	83	17	level	level	NOUN
fbem-11597	83	18	and	and	CCONJ
fbem-11597	83	19	lower	low	ADJ
fbem-11597	83	20	-	-	PUNCT
fbem-11597	83	21	level	level	NOUN
fbem-11597	83	22	governments	government	NOUN
fbem-11597	83	23	.	.	PUNCT
fbem-11597	84	1	when	when	SCONJ
fbem-11597	84	2	higher	high	ADJ
fbem-11597	84	3	-	-	PUNCT
fbem-11597	84	4	level	level	NOUN
fbem-11597	84	5	governments	government	NOUN
fbem-11597	84	6	experience	experience	VERB
fbem-11597	84	7	increased	increase	VERB
fbem-11597	84	8	financial	financial	ADJ
fbem-11597	84	9	pressure	pressure	NOUN
fbem-11597	84	10	,	,	PUNCT
fbem-11597	84	11	they	they	PRON
fbem-11597	84	12	tend	tend	VERB
fbem-11597	84	13	to	to	PART
fbem-11597	84	14	stimulate	stimulate	VERB
fbem-11597	84	15	the	the	DET
fbem-11597	84	16	financing	financing	NOUN
fbem-11597	84	17	sentiment	sentiment	NOUN
fbem-11597	84	18	of	of	ADP
fbem-11597	84	19	lower	low	ADJ
fbem-11597	84	20	-	-	PUNCT
fbem-11597	84	21	level	level	NOUN
fbem-11597	84	22	governments	government	NOUN
fbem-11597	84	23	.	.	PUNCT
fbem-11597	85	1	this	this	PRON
fbem-11597	85	2	demonstrates	demonstrate	VERB
fbem-11597	85	3	their	their	PRON
fbem-11597	85	4	reliance	reliance	NOUN
fbem-11597	85	5	on	on	ADP
fbem-11597	85	6	both	both	PRON
fbem-11597	85	7	"	"	PUNCT
fbem-11597	85	8	getting	get	VERB
fbem-11597	85	9	revenue	revenue	NOUN
fbem-11597	85	10	by	by	ADP
fbem-11597	85	11	selling	sell	VERB
fbem-11597	85	12	land	land	NOUN
fbem-11597	85	13	"	"	PUNCT
fbem-11597	85	14	and	and	CCONJ
fbem-11597	85	15	"	"	PUNCT
fbem-11597	85	16	land	land	NOUN
fbem-11597	85	17	finance	finance	NOUN
fbem-11597	85	18	"	"	PUNCT
fbem-11597	85	19	as	as	ADP
fbem-11597	85	20	viable	viable	ADJ
fbem-11597	85	21	options	option	NOUN
fbem-11597	85	22	for	for	ADP
fbem-11597	85	23	managing	manage	VERB
fbem-11597	85	24	their	their	PRON
fbem-11597	85	25	financial	financial	ADJ
fbem-11597	85	26	challenges	challenge	NOUN
fbem-11597	85	27	.	.	PUNCT
fbem-11597	86	1	table	table	NOUN
fbem-11597	86	2	5	5	NUM
fbem-11597	86	3	.	.	PUNCT
fbem-11597	86	4	mechanism	mechanism	NOUN
fbem-11597	86	5	test	test	NOUN
fbem-11597	86	6	(	(	PUNCT
fbem-11597	86	7	1	1	NUM
fbem-11597	86	8	)	)	PUNCT
fbem-11597	86	9	(	(	PUNCT
fbem-11597	86	10	2	2	NUM
fbem-11597	86	11	)	)	PUNCT
fbem-11597	86	12	(	(	PUNCT
fbem-11597	86	13	3	3	X
fbem-11597	86	14	)	)	PUNCT
fbem-11597	86	15	(	(	PUNCT
fbem-11597	86	16	4	4	NUM
fbem-11597	86	17	)	)	PUNCT
fbem-11597	86	18	(	(	PUNCT
fbem-11597	86	19	5	5	NUM
fbem-11597	86	20	)	)	PUNCT
fbem-11597	86	21	(	(	PUNCT
fbem-11597	86	22	6	6	X
fbem-11597	86	23	)	)	PUNCT
fbem-11597	86	24	economic	economic	ADJ
fbem-11597	86	25	growth	growth	NOUN
fbem-11597	86	26	pressure	pressure	NOUN
fbem-11597	86	27	financial	financial	ADJ
fbem-11597	86	28	pressure	pressure	NOUN
fbem-11597	86	29	higher	high	ADJ
fbem-11597	86	30	government	government	NOUN
fbem-11597	86	31	financial	financial	ADJ
fbem-11597	86	32	pressure	pressure	NOUN
fbem-11597	86	33	high	high	ADJ
fbem-11597	86	34	low	low	ADJ
fbem-11597	86	35	high	high	ADJ
fbem-11597	86	36	low	low	ADJ
fbem-11597	86	37	high	high	ADJ
fbem-11597	86	38	low	low	ADJ
fbem-11597	86	39	lt	lt	PRON
fbem-11597	86	40	0.0581	0.0581	NUM
fbem-11597	86	41	0.0149	0.0149	NUM
fbem-11597	86	42	0.0143	0.0143	NUM
fbem-11597	87	1	0.0249	0.0249	NUM
fbem-11597	87	2	0.1010	0.1010	NUM
fbem-11597	87	3	*	*	PUNCT
fbem-11597	87	4	*	*	NOUN
fbem-11597	87	5	-0.0198	-0.0198	ADJ
fbem-11597	87	6	(	(	PUNCT
fbem-11597	87	7	0.0357	0.0357	NUM
fbem-11597	87	8	)	)	PUNCT
fbem-11597	87	9	(	(	PUNCT
fbem-11597	87	10	0.0373	0.0373	NUM
fbem-11597	87	11	)	)	PUNCT
fbem-11597	87	12	(	(	PUNCT
fbem-11597	87	13	0.0376	0.0376	NUM
fbem-11597	87	14	)	)	PUNCT
fbem-11597	87	15	(	(	PUNCT
fbem-11597	87	16	0.0172	0.0172	NUM
fbem-11597	87	17	)	)	PUNCT
fbem-11597	87	18	(	(	PUNCT
fbem-11597	87	19	0.0422	0.0422	NUM
fbem-11597	87	20	)	)	PUNCT
fbem-11597	87	21	(	(	PUNCT
fbem-11597	87	22	0.0238	0.0238	NUM
fbem-11597	87	23	)	)	PUNCT
fbem-11597	87	24	lf	lf	ADP
fbem-11597	87	25	0.2285	0.2285	NUM
fbem-11597	87	26	*	*	PUNCT
fbem-11597	87	27	*	*	PUNCT
fbem-11597	87	28	*	*	PUNCT
fbem-11597	88	1	0.1112	0.1112	NUM
fbem-11597	88	2	0.1975	0.1975	NUM
fbem-11597	88	3	*	*	PUNCT
fbem-11597	88	4	*	*	PUNCT
fbem-11597	88	5	*	*	PUNCT
fbem-11597	88	6	-0.0456	-0.0456	NOUN
fbem-11597	88	7	0.1431	0.1431	NUM
fbem-11597	88	8	*	*	PUNCT
fbem-11597	88	9	*	*	PUNCT
fbem-11597	88	10	0.1092	0.1092	NUM
fbem-11597	88	11	*	*	PUNCT
fbem-11597	88	12	(	(	PUNCT
fbem-11597	88	13	0.0569	0.0569	NUM
fbem-11597	88	14	)	)	PUNCT
fbem-11597	88	15	(	(	PUNCT
fbem-11597	88	16	0.0723	0.0723	NUM
fbem-11597	88	17	)	)	PUNCT
fbem-11597	88	18	(	(	PUNCT
fbem-11597	88	19	0.0657	0.0657	NUM
fbem-11597	88	20	)	)	PUNCT
fbem-11597	88	21	(	(	PUNCT
fbem-11597	88	22	0.0324	0.0324	NUM
fbem-11597	88	23	)	)	PUNCT
fbem-11597	88	24	(	(	PUNCT
fbem-11597	88	25	0.0724	0.0724	NUM
fbem-11597	88	26	)	)	PUNCT
fbem-11597	88	27	(	(	PUNCT
fbem-11597	88	28	0.0595	0.0595	NUM
fbem-11597	88	29	)	)	PUNCT
fbem-11597	88	30	control	control	NOUN
fbem-11597	88	31	variable	variable	NOUN
fbem-11597	89	1	yes	yes	INTJ
fbem-11597	89	2	n	n	CCONJ
fbem-11597	89	3	1973	1973	NUM
fbem-11597	89	4	1546	1546	NUM
fbem-11597	89	5	1758	1758	NUM
fbem-11597	89	6	1760	1760	NUM
fbem-11597	89	7	1750	1750	NUM
fbem-11597	89	8	1769	1769	NUM
fbem-11597	89	9	r2	r2	PROPN
fbem-11597	89	10	0.177	0.177	NUM
fbem-11597	89	11	0.240	0.240	NUM
fbem-11597	89	12	0.224	0.224	NUM
fbem-11597	89	13	0.290	0.290	NUM
fbem-11597	89	14	0.219	0.219	NUM
fbem-11597	89	15	0.249	0.249	NUM
fbem-11597	89	16	5	5	NUM
fbem-11597	89	17	.	.	PUNCT
fbem-11597	89	18	heterogeneity	heterogeneity	NOUN
fbem-11597	89	19	diagnosis	diagnosis	NOUN
fbem-11597	89	20	initially	initially	ADV
fbem-11597	89	21	,	,	PUNCT
fbem-11597	89	22	local	local	ADJ
fbem-11597	89	23	governments	government	NOUN
fbem-11597	89	24	are	be	AUX
fbem-11597	89	25	classified	classify	VERB
fbem-11597	89	26	based	base	VERB
fbem-11597	89	27	on	on	ADP
fbem-11597	89	28	their	their	PRON
fbem-11597	89	29	reliance	reliance	NOUN
fbem-11597	89	30	on	on	ADP
fbem-11597	89	31	"	"	PUNCT
fbem-11597	89	32	revenue	revenue	NOUN
fbem-11597	89	33	generation	generation	NOUN
fbem-11597	89	34	through	through	ADP
fbem-11597	89	35	land	land	NOUN
fbem-11597	89	36	sales	sale	NOUN
fbem-11597	89	37	"	"	PUNCT
fbem-11597	89	38	and	and	CCONJ
fbem-11597	89	39	"	"	PUNCT
fbem-11597	89	40	land	land	NOUN
fbem-11597	89	41	finance	finance	NOUN
fbem-11597	89	42	.	.	PUNCT
fbem-11597	89	43	"	"	PUNCT
fbem-11597	90	1	if	if	SCONJ
fbem-11597	90	2	the	the	DET
fbem-11597	90	3	former	former	NOUN
fbem-11597	90	4	outweighs	outweigh	VERB
fbem-11597	90	5	the	the	DET
fbem-11597	90	6	latter	latter	ADJ
fbem-11597	90	7	,	,	PUNCT
fbem-11597	90	8	it	it	PRON
fbem-11597	90	9	falls	fall	VERB
fbem-11597	90	10	under	under	ADP
fbem-11597	90	11	the	the	DET
fbem-11597	90	12	category	category	NOUN
fbem-11597	90	13	of	of	ADP
fbem-11597	90	14	strong	strong	ADJ
fbem-11597	90	15	revenue	revenue	NOUN
fbem-11597	90	16	generation	generation	NOUN
fbem-11597	90	17	through	through	ADP
fbem-11597	90	18	land	land	NOUN
fbem-11597	90	19	sales	sale	NOUN
fbem-11597	90	20	.	.	PUNCT
fbem-11597	91	1	conversely	conversely	ADV
fbem-11597	91	2	,	,	PUNCT
fbem-11597	91	3	if	if	SCONJ
fbem-11597	91	4	the	the	DET
fbem-11597	91	5	latter	latter	ADJ
fbem-11597	91	6	surpasses	surpass	VERB
fbem-11597	91	7	the	the	DET
fbem-11597	91	8	former	former	ADJ
fbem-11597	91	9	,	,	PUNCT
fbem-11597	91	10	it	it	PRON
fbem-11597	91	11	is	be	AUX
fbem-11597	91	12	considered	consider	VERB
fbem-11597	91	13	strong	strong	ADJ
fbem-11597	91	14	land	land	NOUN
fbem-11597	91	15	finance	finance	NOUN
fbem-11597	91	16	.	.	PUNCT
fbem-11597	92	1	to	to	PART
fbem-11597	92	2	further	far	ADV
fbem-11597	92	3	explore	explore	VERB
fbem-11597	92	4	the	the	DET
fbem-11597	92	5	influence	influence	NOUN
fbem-11597	92	6	of	of	ADP
fbem-11597	92	7	coordinated	coordinated	ADJ
fbem-11597	92	8	development	development	NOUN
fbem-11597	92	9	between	between	ADP
fbem-11597	92	10	“	"	PUNCT
fbem-11597	92	11	revenue	revenue	NOUN
fbem-11597	92	12	generation	generation	NOUN
fbem-11597	92	13	through	through	ADP
fbem-11597	92	14	land	land	NOUN
fbem-11597	92	15	sales”and	sales”and	PROPN
fbem-11597	92	16	land	land	NOUN
fbem-11597	92	17	finance	finance	NOUN
fbem-11597	92	18	on	on	ADP
fbem-11597	92	19	local	local	ADJ
fbem-11597	92	20	government	government	NOUN
fbem-11597	92	21	debt	debt	NOUN
fbem-11597	92	22	,	,	PUNCT
fbem-11597	92	23	the	the	DET
fbem-11597	92	24	median	median	ADJ
fbem-11597	92	25	value	value	NOUN
fbem-11597	92	26	of	of	ADP
fbem-11597	92	27	the	the	DET
fbem-11597	92	28	coupling	coupling	NOUN
fbem-11597	92	29	coordination	coordination	NOUN
fbem-11597	92	30	degree	degree	NOUN
fbem-11597	92	31	between	between	ADP
fbem-11597	92	32	these	these	DET
fbem-11597	92	33	two	two	NUM
fbem-11597	92	34	financing	financing	NOUN
fbem-11597	92	35	modes	mode	NOUN
fbem-11597	92	36	is	be	AUX
fbem-11597	92	37	used	use	VERB
fbem-11597	92	38	as	as	ADP
fbem-11597	92	39	a	a	DET
fbem-11597	92	40	grouping	group	VERB
fbem-11597	92	41	variable	variable	NOUN
fbem-11597	92	42	for	for	ADP
fbem-11597	92	43	heterogeneity	heterogeneity	NOUN
fbem-11597	92	44	tests.the	tests.the	DET
fbem-11597	92	45	findings	finding	NOUN
fbem-11597	92	46	from	from	ADP
fbem-11597	92	47	estimates	estimate	NOUN
fbem-11597	92	48	(	(	PUNCT
fbem-11597	92	49	1	1	NUM
fbem-11597	92	50	)	)	PUNCT
fbem-11597	92	51	to	to	ADP
fbem-11597	92	52	(	(	PUNCT
fbem-11597	92	53	2	2	X
fbem-11597	92	54	)	)	PUNCT
fbem-11597	92	55	in	in	ADP
fbem-11597	92	56	table	table	NOUN
fbem-11597	92	57	6	6	NUM
fbem-11597	92	58	reveal	reveal	VERB
fbem-11597	92	59	that	that	SCONJ
fbem-11597	92	60	when	when	SCONJ
fbem-11597	92	61	local	local	ADJ
fbem-11597	92	62	governments	government	NOUN
fbem-11597	92	63	heavily	heavily	ADV
fbem-11597	92	64	rely	rely	VERB
fbem-11597	92	65	on	on	ADP
fbem-11597	92	66	revenue	revenue	NOUN
fbem-11597	92	67	generation	generation	NOUN
fbem-11597	92	68	through	through	ADP
fbem-11597	92	69	land	land	NOUN
fbem-11597	92	70	sales	sale	NOUN
fbem-11597	92	71	,	,	PUNCT
fbem-11597	92	72	they	they	PRON
fbem-11597	92	73	tend	tend	VERB
fbem-11597	92	74	to	to	PART
fbem-11597	92	75	adopt	adopt	VERB
fbem-11597	92	76	land	land	NOUN
fbem-11597	92	77	finance	finance	NOUN
fbem-11597	92	78	as	as	ADP
fbem-11597	92	79	a	a	DET
fbem-11597	92	80	financing	financing	NOUN
fbem-11597	92	81	method	method	NOUN
fbem-11597	92	82	.	.	PUNCT
fbem-11597	93	1	on	on	ADP
fbem-11597	93	2	the	the	DET
fbem-11597	93	3	other	other	ADJ
fbem-11597	93	4	hand	hand	NOUN
fbem-11597	93	5	,	,	PUNCT
fbem-11597	93	6	when	when	SCONJ
fbem-11597	93	7	there	there	PRON
fbem-11597	93	8	is	be	VERB
fbem-11597	93	9	a	a	DET
fbem-11597	93	10	strong	strong	ADJ
fbem-11597	93	11	dependence	dependence	NOUN
fbem-11597	93	12	on	on	ADP
fbem-11597	93	13	land	land	NOUN
fbem-11597	93	14	finance	finance	NOUN
fbem-11597	93	15	,	,	PUNCT
fbem-11597	93	16	financial	financial	ADJ
fbem-11597	93	17	policy	policy	NOUN
fbem-11597	93	18	regulations	regulation	NOUN
fbem-11597	93	19	restrict	restrict	VERB
fbem-11597	93	20	the	the	DET
fbem-11597	93	21	interaction	interaction	NOUN
fbem-11597	93	22	between	between	ADP
fbem-11597	93	23	land	land	NOUN
fbem-11597	93	24	finance	finance	NOUN
fbem-11597	93	25	and	and	CCONJ
fbem-11597	93	26	local	local	ADJ
fbem-11597	93	27	government	government	NOUN
fbem-11597	93	28	debt	debt	NOUN
fbem-11597	93	29	leverage	leverage	NOUN
fbem-11597	93	30	.	.	PUNCT
fbem-11597	94	1	consequently	consequently	ADV
fbem-11597	94	2	,	,	PUNCT
fbem-11597	94	3	local	local	ADJ
fbem-11597	94	4	governments	government	NOUN
fbem-11597	94	5	resort	resort	VERB
fbem-11597	94	6	to	to	ADP
fbem-11597	94	7	revenue	revenue	NOUN
fbem-11597	94	8	generation	generation	NOUN
fbem-11597	94	9	through	through	ADP
fbem-11597	94	10	land	land	NOUN
fbem-11597	94	11	sales	sale	NOUN
fbem-11597	94	12	for	for	ADP
fbem-11597	94	13	financing.estimates	financing.estimate	NOUN
fbem-11597	94	14	(	(	PUNCT
fbem-11597	94	15	3	3	NUM
fbem-11597	94	16	)	)	PUNCT
fbem-11597	94	17	to	to	ADP
fbem-11597	94	18	(	(	PUNCT
fbem-11597	94	19	4	4	X
fbem-11597	94	20	)	)	PUNCT
fbem-11597	94	21	demonstrate	demonstrate	VERB
fbem-11597	94	22	that	that	SCONJ
fbem-11597	94	23	a	a	DET
fbem-11597	94	24	high	high	ADJ
fbem-11597	94	25	degree	degree	NOUN
fbem-11597	94	26	of	of	ADP
fbem-11597	94	27	coupling	coupling	NOUN
fbem-11597	94	28	between	between	ADP
fbem-11597	94	29	the	the	DET
fbem-11597	94	30	two	two	NUM
fbem-11597	94	31	land	land	NOUN
fbem-11597	94	32	financing	financing	NOUN
fbem-11597	94	33	modes	mode	NOUN
fbem-11597	94	34	enables	enable	VERB
fbem-11597	94	35	efficient	efficient	ADJ
fbem-11597	94	36	and	and	CCONJ
fbem-11597	94	37	rational	rational	ADJ
fbem-11597	94	38	coordination	coordination	NOUN
fbem-11597	94	39	,	,	PUNCT
fbem-11597	94	40	which	which	PRON
fbem-11597	94	41	reduces	reduce	VERB
fbem-11597	94	42	the	the	DET
fbem-11597	94	43	extent	extent	NOUN
fbem-11597	94	44	of	of	ADP
fbem-11597	94	45	debt	debt	NOUN
fbem-11597	94	46	risk	risk	NOUN
fbem-11597	94	47	associated	associate	VERB
fbem-11597	94	48	with	with	ADP
fbem-11597	94	49	land	land	NOUN
fbem-11597	94	50	financing	financing	NOUN
fbem-11597	94	51	.	.	PUNCT
fbem-11597	95	1	table	table	NOUN
fbem-11597	95	2	6	6	NUM
fbem-11597	95	3	.	.	PUNCT
fbem-11597	96	1	heterogeneity	heterogeneity	NOUN
fbem-11597	96	2	diagnosis	diagnosis	NOUN
fbem-11597	96	3	(	(	PUNCT
fbem-11597	96	4	1	1	NUM
fbem-11597	96	5	)	)	PUNCT
fbem-11597	96	6	(	(	PUNCT
fbem-11597	96	7	2	2	NUM
fbem-11597	96	8	)	)	PUNCT
fbem-11597	96	9	(	(	PUNCT
fbem-11597	96	10	3	3	X
fbem-11597	96	11	)	)	PUNCT
fbem-11597	96	12	(	(	PUNCT
fbem-11597	96	13	4	4	X
fbem-11597	96	14	)	)	PUNCT
fbem-11597	96	15	degree	degree	NOUN
fbem-11597	96	16	of	of	ADP
fbem-11597	96	17	dependence	dependence	NOUN
fbem-11597	96	18	degree	degree	NOUN
fbem-11597	96	19	of	of	ADP
fbem-11597	96	20	fiscal	fiscal	ADJ
fbem-11597	96	21	and	and	CCONJ
fbem-11597	96	22	financial	financial	ADJ
fbem-11597	96	23	coupling	couple	VERB
fbem-11597	96	24	high	high	ADJ
fbem-11597	96	25	-	-	PUNCT
fbem-11597	96	26	lt	lt	PRON
fbem-11597	96	27	high	high	ADJ
fbem-11597	96	28	-	-	PUNCT
fbem-11597	96	29	lf	lf	NOUN
fbem-11597	96	30	high	high	ADJ
fbem-11597	96	31	low	low	NOUN
fbem-11597	96	32	lt	lt	PRON
fbem-11597	96	33	0.0271	0.0271	NUM
fbem-11597	96	34	0.1010	0.1010	NUM
fbem-11597	96	35	*	*	PUNCT
fbem-11597	96	36	*	*	PUNCT
fbem-11597	96	37	-0.0001	-0.0001	NOUN
fbem-11597	96	38	0.0307	0.0307	NUM
fbem-11597	96	39	(	(	PUNCT
fbem-11597	96	40	0.0321	0.0321	NUM
fbem-11597	96	41	)	)	PUNCT
fbem-11597	96	42	(	(	PUNCT
fbem-11597	96	43	0.0495	0.0495	NUM
fbem-11597	96	44	)	)	PUNCT
fbem-11597	96	45	(	(	PUNCT
fbem-11597	96	46	0.0719	0.0719	NUM
fbem-11597	96	47	)	)	PUNCT
fbem-11597	96	48	(	(	PUNCT
fbem-11597	96	49	0.0283	0.0283	NUM
fbem-11597	96	50	)	)	PUNCT
fbem-11597	96	51	lf	lf	ADP
fbem-11597	96	52	0.2452	0.2452	NUM
fbem-11597	96	53	*	*	PUNCT
fbem-11597	96	54	*	*	PUNCT
fbem-11597	96	55	*	*	PUNCT
fbem-11597	96	56	0.0192	0.0192	NUM
fbem-11597	96	57	0.2847	0.2847	PUNCT
fbem-11597	96	58	*	*	PUNCT
fbem-11597	97	1	*	*	PUNCT
fbem-11597	97	2	0.1266	0.1266	NUM
fbem-11597	97	3	*	*	PUNCT
fbem-11597	98	1	*	*	PUNCT
fbem-11597	98	2	*	*	PUNCT
fbem-11597	98	3	(	(	PUNCT
fbem-11597	98	4	0.0601	0.0601	NUM
fbem-11597	98	5	)	)	PUNCT
fbem-11597	98	6	(	(	PUNCT
fbem-11597	98	7	0.0956	0.0956	NUM
fbem-11597	98	8	)	)	PUNCT
fbem-11597	98	9	(	(	PUNCT
fbem-11597	98	10	0.1179	0.1179	NUM
fbem-11597	98	11	)	)	PUNCT
fbem-11597	98	12	(	(	PUNCT
fbem-11597	98	13	0.0458	0.0458	NUM
fbem-11597	98	14	)	)	PUNCT
fbem-11597	98	15	control	control	NOUN
fbem-11597	98	16	variable	variable	NOUN
fbem-11597	98	17	yes	yes	INTJ
fbem-11597	98	18	n	n	CCONJ
fbem-11597	98	19	2664	2664	NUM
fbem-11597	98	20	855	855	NUM
fbem-11597	98	21	880	880	NUM
fbem-11597	98	22	2639	2639	NUM
fbem-11597	98	23	r2	r2	NOUN
fbem-11597	98	24	0.203	0.203	NUM
fbem-11597	98	25	0.236	0.236	NUM
fbem-11597	98	26	0.345	0.345	NUM
fbem-11597	98	27	0.157	0.157	NUM
fbem-11597	98	28	6	6	NUM
fbem-11597	98	29	.	.	PUNCT
fbem-11597	99	1	conclusions	conclusion	NOUN
fbem-11597	99	2	and	and	CCONJ
fbem-11597	99	3	policy	policy	NOUN
fbem-11597	99	4	recommendations	recommendation	NOUN
fbem-11597	99	5	the	the	DET
fbem-11597	99	6	research	research	NOUN
fbem-11597	99	7	investigates	investigate	VERB
fbem-11597	99	8	the	the	DET
fbem-11597	99	9	interactive	interactive	ADJ
fbem-11597	99	10	relationship	relationship	NOUN
fbem-11597	99	11	and	and	CCONJ
fbem-11597	99	12	underlying	underlying	ADJ
fbem-11597	99	13	mechanisms	mechanism	NOUN
fbem-11597	99	14	between	between	ADP
fbem-11597	99	15	land	land	NOUN
fbem-11597	99	16	financing	financing	NOUN
fbem-11597	99	17	modes	mode	NOUN
fbem-11597	99	18	and	and	CCONJ
fbem-11597	99	19	debt	debt	NOUN
fbem-11597	99	20	risk	risk	NOUN
fbem-11597	99	21	:	:	PUNCT
fbem-11597	99	22	firstly	firstly	ADV
fbem-11597	99	23	,	,	PUNCT
fbem-11597	99	24	the	the	DET
fbem-11597	99	25	land	land	NOUN
fbem-11597	99	26	financing	financing	NOUN
fbem-11597	99	27	approach	approach	NOUN
fbem-11597	99	28	chosen	choose	VERB
fbem-11597	99	29	by	by	ADP
fbem-11597	99	30	local	local	ADJ
fbem-11597	99	31	governments	government	NOUN
fbem-11597	99	32	significantly	significantly	ADV
fbem-11597	99	33	influences	influence	VERB
fbem-11597	99	34	the	the	DET
fbem-11597	99	35	increase	increase	NOUN
fbem-11597	99	36	in	in	ADP
fbem-11597	99	37	local	local	ADJ
fbem-11597	99	38	debt	debt	NOUN
fbem-11597	99	39	leverage	leverage	NOUN
fbem-11597	99	40	.	.	PUNCT
fbem-11597	100	1	notably	notably	ADV
fbem-11597	100	2	,	,	PUNCT
fbem-11597	100	3	"	"	PUNCT
fbem-11597	100	4	land	land	NOUN
fbem-11597	100	5	finance	finance	NOUN
fbem-11597	100	6	"	"	PUNCT
fbem-11597	100	7	poses	pose	VERB
fbem-11597	100	8	a	a	DET
fbem-11597	100	9	significantly	significantly	ADV
fbem-11597	100	10	higher	high	ADJ
fbem-11597	100	11	level	level	NOUN
fbem-11597	100	12	of	of	ADP
fbem-11597	100	13	debt	debt	NOUN
fbem-11597	100	14	risk	risk	NOUN
fbem-11597	100	15	compared	compare	VERB
fbem-11597	100	16	to	to	ADP
fbem-11597	100	17	"	"	PUNCT
fbem-11597	100	18	getting	get	VERB
fbem-11597	100	19	revenue	revenue	NOUN
fbem-11597	100	20	by	by	ADP
fbem-11597	100	21	selling	sell	VERB
fbem-11597	100	22	land	land	NOUN
fbem-11597	100	23	"	"	PUNCT
fbem-11597	100	24	.	.	PUNCT
fbem-11597	101	1	secondly	secondly	ADV
fbem-11597	101	2	,	,	PUNCT
fbem-11597	101	3	the	the	DET
fbem-11597	101	4	relationship	relationship	NOUN
fbem-11597	101	5	between	between	ADP
fbem-11597	101	6	land	land	NOUN
fbem-11597	101	7	financing	financing	NOUN
fbem-11597	101	8	and	and	CCONJ
fbem-11597	101	9	local	local	ADJ
fbem-11597	101	10	debt	debt	NOUN
fbem-11597	101	11	risk	risk	NOUN
fbem-11597	101	12	is	be	AUX
fbem-11597	101	13	influenced	influence	VERB
fbem-11597	101	14	by	by	ADP
fbem-11597	101	15	regional	regional	ADJ
fbem-11597	101	16	economic	economic	ADJ
fbem-11597	101	17	competition	competition	NOUN
fbem-11597	101	18	and	and	CCONJ
fbem-11597	101	19	fiscal	fiscal	ADJ
fbem-11597	101	20	conditions	condition	NOUN
fbem-11597	101	21	.	.	PUNCT
fbem-11597	102	1	local	local	ADJ
fbem-11597	102	2	governments	government	NOUN
fbem-11597	102	3	,	,	PUNCT
fbem-11597	102	4	are	be	AUX
fbem-11597	102	5	incentivized	incentivize	VERB
fbem-11597	102	6	to	to	PART
fbem-11597	102	7	borrow	borrow	VERB
fbem-11597	102	8	to	to	PART
fbem-11597	102	9	achieve	achieve	VERB
fbem-11597	102	10	short	short	ADJ
fbem-11597	102	11	-	-	PUNCT
fbem-11597	102	12	term	term	NOUN
fbem-11597	102	13	political	political	ADJ
fbem-11597	102	14	performance	performance	NOUN
fbem-11597	102	15	goals	goal	NOUN
fbem-11597	102	16	and	and	CCONJ
fbem-11597	102	17	alleviate	alleviate	VERB
fbem-11597	102	18	financial	financial	ADJ
fbem-11597	102	19	pressures	pressure	NOUN
fbem-11597	102	20	.	.	PUNCT
fbem-11597	103	1	thirdly	thirdly	ADV
fbem-11597	103	2	,	,	PUNCT
fbem-11597	103	3	local	local	ADJ
fbem-11597	103	4	governments	government	NOUN
fbem-11597	103	5	'	'	PART
fbem-11597	103	6	land	land	NOUN
fbem-11597	103	7	financing	financing	NOUN
fbem-11597	103	8	practices	practice	NOUN
fbem-11597	103	9	are	be	AUX
fbem-11597	103	10	regulated	regulate	VERB
fbem-11597	103	11	by	by	ADP
fbem-11597	103	12	fiscal	fiscal	ADJ
fbem-11597	103	13	and	and	CCONJ
fbem-11597	103	14	financial	financial	ADJ
fbem-11597	103	15	policies	policy	NOUN
fbem-11597	103	16	,	,	PUNCT
fbem-11597	103	17	showing	show	VERB
fbem-11597	103	18	heterogeneous	heterogeneous	ADJ
fbem-11597	103	19	characteristics	characteristic	NOUN
fbem-11597	103	20	.	.	PUNCT
fbem-11597	104	1	moreover	moreover	ADV
fbem-11597	104	2	,	,	PUNCT
fbem-11597	104	3	the	the	DET
fbem-11597	104	4	level	level	NOUN
fbem-11597	104	5	of	of	ADP
fbem-11597	104	6	synergy	synergy	NOUN
fbem-11597	104	7	between	between	ADP
fbem-11597	104	8	these	these	DET
fbem-11597	104	9	two	two	NUM
fbem-11597	104	10	land	land	NOUN
fbem-11597	104	11	financing	financing	NOUN
fbem-11597	104	12	methods	method	NOUN
fbem-11597	104	13	is	be	AUX
fbem-11597	104	14	inversely	inversely	ADV
fbem-11597	104	15	related	relate	VERB
fbem-11597	104	16	to	to	ADP
fbem-11597	104	17	the	the	DET
fbem-11597	104	18	extent	extent	NOUN
fbem-11597	104	19	of	of	ADP
fbem-11597	104	20	debt	debt	NOUN
fbem-11597	104	21	risk	risk	NOUN
fbem-11597	104	22	escalation	escalation	NOUN
fbem-11597	104	23	associated	associate	VERB
fbem-11597	104	24	with	with	ADP
fbem-11597	104	25	them	they	PRON
fbem-11597	104	26	.	.	PUNCT
fbem-11597	105	1	based	base	VERB
fbem-11597	105	2	on	on	ADP
fbem-11597	105	3	the	the	DET
fbem-11597	105	4	above	above	ADJ
fbem-11597	105	5	conclusions	conclusion	NOUN
fbem-11597	105	6	,	,	PUNCT
fbem-11597	105	7	we	we	PRON
fbem-11597	105	8	have	have	VERB
fbem-11597	105	9	the	the	DET
fbem-11597	105	10	following	follow	VERB
fbem-11597	105	11	policy	policy	NOUN
fbem-11597	105	12	suggestions	suggestion	NOUN
fbem-11597	105	13	for	for	ADP
fbem-11597	105	14	enhancing	enhance	VERB
fbem-11597	105	15	china	china	PROPN
fbem-11597	105	16	's	's	PART
fbem-11597	105	17	fiscal	fiscal	ADJ
fbem-11597	105	18	and	and	CCONJ
fbem-11597	105	19	financial	financial	ADJ
fbem-11597	105	20	coordination	coordination	NOUN
fbem-11597	105	21	and	and	CCONJ
fbem-11597	105	22	alleviating	alleviate	VERB
fbem-11597	105	23	local	local	ADJ
fbem-11597	105	24	government	government	NOUN
fbem-11597	105	25	debt	debt	NOUN
fbem-11597	105	26	risks	risk	NOUN
fbem-11597	105	27	caused	cause	VERB
fbem-11597	105	28	by	by	ADP
fbem-11597	105	29	land	land	NOUN
fbem-11597	105	30	financing	financing	NOUN
fbem-11597	105	31	.	.	PUNCT
fbem-11597	106	1	firstly	firstly	ADV
fbem-11597	106	2	,	,	PUNCT
fbem-11597	106	3	to	to	PART
fbem-11597	106	4	mitigate	mitigate	VERB
fbem-11597	106	5	local	local	ADJ
fbem-11597	106	6	government	government	NOUN
fbem-11597	106	7	debt	debt	NOUN
fbem-11597	106	8	risks	risk	NOUN
fbem-11597	106	9	effectively	effectively	ADV
fbem-11597	106	10	,	,	PUNCT
fbem-11597	106	11	it	it	PRON
fbem-11597	106	12	is	be	AUX
fbem-11597	106	13	crucial	crucial	ADJ
fbem-11597	106	14	to	to	PART
fbem-11597	106	15	establish	establish	VERB
fbem-11597	106	16	a	a	DET
fbem-11597	106	17	seamless	seamless	ADJ
fbem-11597	106	18	connection	connection	NOUN
fbem-11597	106	19	and	and	CCONJ
fbem-11597	106	20	interaction	interaction	NOUN
fbem-11597	106	21	between	between	ADP
fbem-11597	106	22	risk	risk	NOUN
fbem-11597	106	23	prevention	prevention	NOUN
fbem-11597	106	24	and	and	CCONJ
fbem-11597	106	25	control	control	NOUN
fbem-11597	106	26	measures	measure	NOUN
fbem-11597	106	27	and	and	CCONJ
fbem-11597	106	28	land	land	NOUN
fbem-11597	106	29	use	use	NOUN
fbem-11597	106	30	patterns	pattern	NOUN
fbem-11597	106	31	.	.	PUNCT
fbem-11597	107	1	secondly	secondly	ADV
fbem-11597	107	2	,	,	PUNCT
fbem-11597	107	3	establishing	establish	VERB
fbem-11597	107	4	a	a	DET
fbem-11597	107	5	comprehensive	comprehensive	ADJ
fbem-11597	107	6	and	and	CCONJ
fbem-11597	107	7	diversified	diversified	ADJ
fbem-11597	107	8	evaluation	evaluation	NOUN
fbem-11597	107	9	system	system	NOUN
fbem-11597	107	10	for	for	ADP
fbem-11597	107	11	local	local	ADJ
fbem-11597	107	12	government	government	NOUN
fbem-11597	107	13	performance	performance	NOUN
fbem-11597	107	14	is	be	AUX
fbem-11597	107	15	essential	essential	ADJ
fbem-11597	107	16	.	.	PUNCT
fbem-11597	108	1	by	by	ADP
fbem-11597	108	2	doing	do	VERB
fbem-11597	108	3	so	so	ADV
fbem-11597	108	4	,	,	PUNCT
fbem-11597	108	5	we	we	PRON
fbem-11597	108	6	can	can	AUX
fbem-11597	108	7	prevent	prevent	VERB
fbem-11597	108	8	local	local	ADJ
fbem-11597	108	9	governments	government	NOUN
fbem-11597	108	10	22	22	NUM
fbem-11597	108	11	from	from	ADP
fbem-11597	108	12	neglecting	neglect	VERB
fbem-11597	108	13	the	the	DET
fbem-11597	108	14	necessary	necessary	ADJ
fbem-11597	108	15	land	land	NOUN
fbem-11597	108	16	use	use	NOUN
fbem-11597	108	17	patterns	pattern	NOUN
fbem-11597	108	18	for	for	ADP
fbem-11597	108	19	long	long	ADJ
fbem-11597	108	20	-	-	PUNCT
fbem-11597	108	21	term	term	NOUN
fbem-11597	108	22	regional	regional	ADJ
fbem-11597	108	23	development	development	NOUN
fbem-11597	108	24	.	.	PUNCT
fbem-11597	109	1	thirdly	thirdly	ADV
fbem-11597	109	2	,	,	PUNCT
fbem-11597	109	3	establishing	establish	VERB
fbem-11597	109	4	a	a	DET
fbem-11597	109	5	land	land	NOUN
fbem-11597	109	6	development	development	NOUN
fbem-11597	109	7	and	and	CCONJ
fbem-11597	109	8	utilization	utilization	NOUN
fbem-11597	109	9	system	system	NOUN
fbem-11597	109	10	that	that	PRON
fbem-11597	109	11	aligns	align	VERB
fbem-11597	109	12	with	with	ADP
fbem-11597	109	13	regional	regional	ADJ
fbem-11597	109	14	economic	economic	ADJ
fbem-11597	109	15	development	development	NOUN
fbem-11597	109	16	and	and	CCONJ
fbem-11597	109	17	fiscal	fiscal	ADJ
fbem-11597	109	18	resources	resource	NOUN
fbem-11597	109	19	is	be	AUX
fbem-11597	109	20	crucial	crucial	ADJ
fbem-11597	109	21	.	.	PUNCT
fbem-11597	110	1	this	this	DET
fbem-11597	110	2	system	system	NOUN
fbem-11597	110	3	should	should	AUX
fbem-11597	110	4	recognize	recognize	VERB
fbem-11597	110	5	the	the	DET
fbem-11597	110	6	inherent	inherent	ADJ
fbem-11597	110	7	functional	functional	ADJ
fbem-11597	110	8	distinctions	distinction	NOUN
fbem-11597	110	9	between	between	ADP
fbem-11597	110	10	land	land	NOUN
fbem-11597	110	11	finance	finance	NOUN
fbem-11597	110	12	and	and	CCONJ
fbem-11597	110	13	economic	economic	ADJ
fbem-11597	110	14	development	development	NOUN
fbem-11597	110	15	.	.	PUNCT
fbem-11597	111	1	references	reference	NOUN
fbem-11597	111	2	[	[	X
fbem-11597	111	3	1	1	NUM
fbem-11597	111	4	]	]	X
fbem-11597	111	5	hansen	hansen	PROPN
fbem-11597	111	6	,	,	PUNCT
fbem-11597	111	7	g.	g.	PROPN
fbem-11597	111	8	d.	d.	PROPN
fbem-11597	111	9	,	,	PUNCT
fbem-11597	111	10	and	and	CCONJ
fbem-11597	111	11	e.	e.	PROPN
fbem-11597	111	12	c.	c.	PROPN
fbem-11597	111	13	prescott(2002	prescott(2002	PROPN
fbem-11597	111	14	)	)	PUNCT
fbem-11597	111	15	.	.	PUNCT
fbem-11597	112	1	malthus	malthus	PROPN
fbem-11597	112	2	to	to	AUX
fbem-11597	112	3	solow	solow	PROPN
fbem-11597	112	4	.	.	PUNCT
fbem-11597	113	1	american	american	PROPN
fbem-11597	113	2	economic	economic	PROPN
fbem-11597	113	3	review	review	PROPN
fbem-11597	113	4	,	,	PUNCT
fbem-11597	113	5	92	92	NUM
fbem-11597	113	6	(	(	PUNCT
fbem-11597	113	7	4	4	NUM
fbem-11597	113	8	):	):	PUNCT
fbem-11597	113	9	1205	1205	NUM
fbem-11597	113	10	-	-	SYM
fbem-11597	113	11	1217	1217	NUM
fbem-11597	113	12	.	.	PUNCT
fbem-11597	114	1	[	[	X
fbem-11597	114	2	2	2	NUM
fbem-11597	114	3	]	]	X
fbem-11597	114	4	bai	bai	PROPN
fbem-11597	114	5	,	,	PUNCT
fbem-11597	114	6	c.	c.	PROPN
fbem-11597	114	7	,	,	PUNCT
fbem-11597	114	8	c.	c.	PROPN
fbem-11597	114	9	t.	t.	PROPN
fbem-11597	114	10	hsieh	hsieh	PROPN
fbem-11597	114	11	,	,	PUNCT
fbem-11597	114	12	and	and	CCONJ
fbem-11597	114	13	a.	a.	NOUN
fbem-11597	114	14	song.(2016	song.(2016	PROPN
fbem-11597	114	15	)	)	PUNCT
fbem-11597	114	16	.	.	PUNCT
fbem-11597	115	1	“	"	PUNCT
fbem-11597	115	2	the	the	DET
fbem-11597	115	3	long	long	ADJ
fbem-11597	115	4	shadow	shadow	NOUN
fbem-11597	115	5	of	of	ADP
fbem-11597	115	6	china	china	PROPN
fbem-11597	115	7	’s	’s	PART
fbem-11597	115	8	fiscal	fiscal	ADJ
fbem-11597	115	9	expansion	expansion	NOUN
fbem-11597	115	10	”	"	PUNCT
fbem-11597	115	11	,	,	PUNCT
fbem-11597	115	12	brookings	brookings	PROPN
fbem-11597	115	13	papers	paper	NOUN
fbem-11597	115	14	on	on	ADP
fbem-11597	115	15	economic	economic	ADJ
fbem-11597	115	16	activity.47	activity.47	NOUN
fbem-11597	115	17	.	.	PUNCT
fbem-11597	116	1	[	[	X
fbem-11597	116	2	3	3	NUM
fbem-11597	116	3	]	]	X
fbem-11597	116	4	yao	yao	PROPN
fbem-11597	116	5	shurong	shurong	PROPN
fbem-11597	116	6	&	&	CCONJ
fbem-11597	116	7	li	li	PROPN
fbem-11597	116	8	fei.(2022	fei.(2022	PROPN
fbem-11597	116	9	)	)	PUNCT
fbem-11597	116	10	.	.	PUNCT
fbem-11597	117	1	land	land	NOUN
fbem-11597	117	2	system	system	NOUN
fbem-11597	117	3	and	and	CCONJ
fbem-11597	117	4	chinese	chinese	ADJ
fbem-11597	117	5	modernization	modernization	NOUN
fbem-11597	117	6	from	from	ADP
fbem-11597	117	7	the	the	DET
fbem-11597	117	8	perspective	perspective	NOUN
fbem-11597	117	9	of	of	ADP
fbem-11597	117	10	100	100	NUM
fbem-11597	117	11	years	year	NOUN
fbem-11597	117	12	.	.	PUNCT
fbem-11597	118	1	journal	journal	PROPN
fbem-11597	118	2	of	of	ADP
fbem-11597	118	3	hebei	hebei	PROPN
fbem-11597	118	4	normal	normal	ADJ
fbem-11597	118	5	university	university	NOUN
fbem-11597	118	6	(	(	PUNCT
fbem-11597	118	7	philosophy	philosophy	NOUN
fbem-11597	118	8	and	and	CCONJ
fbem-11597	118	9	social	social	ADJ
fbem-11597	118	10	sciences	science	NOUN
fbem-11597	118	11	edition)(05),149	edition)(05),149	PROPN
fbem-11597	118	12	-	-	PUNCT
fbem-11597	118	13	156	156	NUM
fbem-11597	118	14	.	.	PUNCT
fbem-11597	119	1	[	[	X
fbem-11597	119	2	4	4	X
fbem-11597	119	3	]	]	X
fbem-11597	119	4	huang	huang	PROPN
fbem-11597	119	5	z	z	PROPN
fbem-11597	119	6	,	,	PUNCT
fbem-11597	119	7	du	du	PROPN
fbem-11597	119	8	x(2017).government	x(2017).government	ADJ
fbem-11597	119	9	intervention	intervention	NOUN
fbem-11597	119	10	and	and	CCONJ
fbem-11597	119	11	land	land	NOUN
fbem-11597	119	12	misallocation	misallocation	NOUN
fbem-11597	119	13	:	:	PUNCT
fbem-11597	119	14	evidence	evidence	NOUN
fbem-11597	119	15	from	from	ADP
fbem-11597	119	16	china	china	PROPN
fbem-11597	119	17	.	.	PUNCT
fbem-11597	120	1	cities,(60	cities,(60	PROPN
fbem-11597	120	2	):	):	PUNCT
fbem-11597	120	3	323	323	NUM
fbem-11597	120	4	-	-	SYM
fbem-11597	120	5	332	332	NUM
fbem-11597	120	6	.	.	PUNCT
fbem-11597	121	1	[	[	X
fbem-11597	121	2	5	5	NUM
fbem-11597	121	3	]	]	X
fbem-11597	121	4	zhang	zhang	PROPN
fbem-11597	121	5	li	li	PROPN
fbem-11597	121	6	,	,	PUNCT
fbem-11597	121	7	nian	nian	ADJ
fbem-11597	121	8	yongwei	yongwei	PROPN
fbem-11597	121	9	&	&	CCONJ
fbem-11597	121	10	liu	liu	PROPN
fbem-11597	121	11	jingjun.(2018	jingjun.(2018	PROPN
fbem-11597	121	12	)	)	PUNCT
fbem-11597	121	13	.	.	PUNCT
fbem-11597	122	1	land	land	NOUN
fbem-11597	122	2	market	market	NOUN
fbem-11597	122	3	volatility	volatility	NOUN
fbem-11597	122	4	and	and	CCONJ
fbem-11597	122	5	local	local	ADJ
fbem-11597	122	6	debt	debt	NOUN
fbem-11597	122	7	:	:	PUNCT
fbem-11597	122	8	a	a	DET
fbem-11597	122	9	case	case	NOUN
fbem-11597	122	10	study	study	NOUN
fbem-11597	122	11	of	of	ADP
fbem-11597	122	12	urban	urban	ADJ
fbem-11597	122	13	investment	investment	NOUN
fbem-11597	122	14	bonds	bond	NOUN
fbem-11597	122	15	.	.	PUNCT
fbem-11597	123	1	economics	economic	NOUN
fbem-11597	123	2	(	(	PUNCT
fbem-11597	123	3	quarterly	quarterly	ADJ
fbem-11597	123	4	journal)(03),1103	journal)(03),1103	NOUN
fbem-11597	123	5	-	-	NOUN
fbem-11597	123	6	1126	1126	NUM
fbem-11597	123	7	.	.	PUNCT
fbem-11597	124	1	[	[	X
fbem-11597	124	2	6	6	NUM
fbem-11597	124	3	]	]	PUNCT
fbem-11597	124	4	milan	milan	PROPN
fbem-11597	124	5	b	b	PROPN
fbem-11597	124	6	f	f	PROPN
fbem-11597	124	7	,	,	PUNCT
fbem-11597	124	8	creutzig	creutzig	VERB
fbem-11597	124	9	f(2016	f(2016	PROPN
fbem-11597	124	10	)	)	PUNCT
fbem-11597	124	11	.	.	PUNCT
fbem-11597	125	1	municipal	municipal	ADJ
fbem-11597	125	2	policies	policy	NOUN
fbem-11597	125	3	accelerated	accelerate	VERB
fbem-11597	125	4	urban	urban	ADJ
fbem-11597	125	5	sprawl	sprawl	NOUN
fbem-11597	125	6	and	and	CCONJ
fbem-11597	125	7	public	public	ADJ
fbem-11597	125	8	debts	debt	NOUN
fbem-11597	125	9	in	in	ADP
fbem-11597	125	10	spain	spain	PROPN
fbem-11597	125	11	.	.	PUNCT
fbem-11597	126	1	land	land	NOUN
fbem-11597	126	2	use	use	NOUN
fbem-11597	126	3	policy	policy	NOUN
fbem-11597	126	4	,	,	PUNCT
fbem-11597	126	5	(	(	PUNCT
fbem-11597	126	6	54	54	NUM
fbem-11597	126	7	):	):	PUNCT
fbem-11597	126	8	103	103	NUM
fbem-11597	126	9	-	-	SYM
fbem-11597	126	10	115	115	NUM
fbem-11597	126	11	.	.	PUNCT
fbem-11597	127	1	[	[	X
fbem-11597	127	2	7	7	X
fbem-11597	127	3	]	]	X
fbem-11597	127	4	mao	mao	PROPN
fbem-11597	127	5	jie	jie	PROPN
fbem-11597	127	6	&	&	CCONJ
fbem-11597	127	7	huang	huang	PROPN
fbem-11597	127	8	chunyuan	chunyuan	PROPN
fbem-11597	127	9	(	(	PUNCT
fbem-11597	127	10	2018	2018	NUM
fbem-11597	127	11	)	)	PUNCT
fbem-11597	127	12	.	.	PUNCT
fbem-11597	128	1	local	local	ADJ
fbem-11597	128	2	debt	debt	NOUN
fbem-11597	128	3	,	,	PUNCT
fbem-11597	128	4	regional	regional	ADJ
fbem-11597	128	5	differences	difference	NOUN
fbem-11597	128	6	and	and	CCONJ
fbem-11597	128	7	economic	economic	ADJ
fbem-11597	128	8	growth	growth	NOUN
fbem-11597	128	9	validation	validation	NOUN
fbem-11597	128	10	based	base	VERB
fbem-11597	128	11	on	on	ADP
fbem-11597	128	12	data	datum	NOUN
fbem-11597	128	13	from	from	ADP
fbem-11597	128	14	prefecture	prefecture	NOUN
fbem-11597	128	15	-	-	PUNCT
fbem-11597	128	16	level	level	NOUN
fbem-11597	128	17	city	city	NOUN
fbem-11597	128	18	in	in	ADP
fbem-11597	128	19	china	china	PROPN
fbem-11597	128	20	financial	financial	PROPN
fbem-11597	128	21	research	research	PROPN
fbem-11597	128	22	(	(	PUNCT
fbem-11597	128	23	05	05	NUM
fbem-11597	128	24	)	)	PUNCT
fbem-11597	128	25	,	,	PUNCT
fbem-11597	128	26	119	119	NUM
fbem-11597	128	27	.	.	PUNCT
