id	sid	tid	token	lemma	pos
fbem-14770	1	1	frontiers	frontier	NOUN
fbem-14770	1	2	in	in	ADP
fbem-14770	1	3	business	business	NOUN
fbem-14770	1	4	,	,	PUNCT
fbem-14770	1	5	economics	economic	NOUN
fbem-14770	1	6	and	and	CCONJ
fbem-14770	1	7	management	management	NOUN
fbem-14770	1	8	issn	issn	PROPN
fbem-14770	1	9	:	:	PUNCT
fbem-14770	1	10	2766	2766	NUM
fbem-14770	1	11	-	-	PUNCT
fbem-14770	1	12	824x	824x	NUM
fbem-14770	1	13	|	|	ADJ
fbem-14770	1	14	vol	vol	NOUN
fbem-14770	1	15	.	.	PROPN
fbem-14770	2	1	12	12	NUM
fbem-14770	2	2	,	,	PUNCT
fbem-14770	2	3	no	no	INTJ
fbem-14770	2	4	.	.	NOUN
fbem-14770	2	5	2	2	NUM
fbem-14770	2	6	,	,	PUNCT
fbem-14770	2	7	2023	2023	NUM
fbem-14770	2	8	109	109	NUM
fbem-14770	2	9	analysis	analysis	NOUN
fbem-14770	2	10	of	of	ADP
fbem-14770	2	11	the	the	DET
fbem-14770	2	12	long‐run	long‐run	ADJ
fbem-14770	2	13	linkage	linkage	NOUN
fbem-14770	2	14	effect	effect	NOUN
fbem-14770	2	15	between	between	ADP
fbem-14770	2	16	pension	pension	NOUN
fbem-14770	2	17	insurance	insurance	NOUN
fbem-14770	2	18	and	and	CCONJ
fbem-14770	2	19	economic	economic	ADJ
fbem-14770	2	20	growth	growth	NOUN
fbem-14770	2	21	based	base	VERB
fbem-14770	2	22	on	on	ADP
fbem-14770	2	23	var	var	PROPN
fbem-14770	2	24	modeling	modeling	PROPN
fbem-14770	2	25	kaini	kaini	PROPN
fbem-14770	2	26	chen	chen	PROPN
fbem-14770	2	27	university	university	PROPN
fbem-14770	2	28	of	of	ADP
fbem-14770	2	29	wisconsin	wisconsin	PROPN
fbem-14770	2	30	-	-	PUNCT
fbem-14770	2	31	madison	madison	PROPN
fbem-14770	2	32	,	,	PUNCT
fbem-14770	2	33	53703	53703	NUM
fbem-14770	2	34	,	,	PUNCT
fbem-14770	2	35	china	china	PROPN
fbem-14770	2	36	abstract	abstract	NOUN
fbem-14770	2	37	:	:	PUNCT
fbem-14770	2	38	this	this	DET
fbem-14770	2	39	paper	paper	NOUN
fbem-14770	2	40	conducts	conduct	VERB
fbem-14770	2	41	an	an	DET
fbem-14770	2	42	empirical	empirical	ADJ
fbem-14770	2	43	analysis	analysis	NOUN
fbem-14770	2	44	based	base	VERB
fbem-14770	2	45	on	on	ADP
fbem-14770	2	46	the	the	DET
fbem-14770	2	47	var	var	NOUN
fbem-14770	2	48	model	model	NOUN
fbem-14770	2	49	to	to	PART
fbem-14770	2	50	explore	explore	VERB
fbem-14770	2	51	the	the	DET
fbem-14770	2	52	mechanism	mechanism	NOUN
fbem-14770	2	53	of	of	ADP
fbem-14770	2	54	the	the	DET
fbem-14770	2	55	long	long	ADJ
fbem-14770	2	56	-	-	PUNCT
fbem-14770	2	57	term	term	NOUN
fbem-14770	2	58	spillover	spillover	NOUN
fbem-14770	2	59	effects	effect	NOUN
fbem-14770	2	60	of	of	ADP
fbem-14770	2	61	our	our	PRON
fbem-14770	2	62	country	country	NOUN
fbem-14770	2	63	's	's	PART
fbem-14770	2	64	pension	pension	NOUN
fbem-14770	2	65	insurance	insurance	NOUN
fbem-14770	2	66	on	on	ADP
fbem-14770	2	67	economic	economic	ADJ
fbem-14770	2	68	growth	growth	NOUN
fbem-14770	2	69	.	.	PUNCT
fbem-14770	3	1	the	the	DET
fbem-14770	3	2	study	study	NOUN
fbem-14770	3	3	reveals	reveal	VERB
fbem-14770	3	4	that	that	SCONJ
fbem-14770	3	5	the	the	DET
fbem-14770	3	6	implementation	implementation	NOUN
fbem-14770	3	7	of	of	ADP
fbem-14770	3	8	the	the	DET
fbem-14770	3	9	pension	pension	NOUN
fbem-14770	3	10	insurance	insurance	NOUN
fbem-14770	3	11	system	system	NOUN
fbem-14770	3	12	can	can	AUX
fbem-14770	3	13	stimulate	stimulate	VERB
fbem-14770	3	14	consumption	consumption	NOUN
fbem-14770	3	15	and	and	CCONJ
fbem-14770	3	16	savings	saving	NOUN
fbem-14770	3	17	among	among	ADP
fbem-14770	3	18	the	the	DET
fbem-14770	3	19	elderly	elderly	ADJ
fbem-14770	3	20	,	,	PUNCT
fbem-14770	3	21	thus	thus	ADV
fbem-14770	3	22	promoting	promote	VERB
fbem-14770	3	23	economic	economic	ADJ
fbem-14770	3	24	growth	growth	NOUN
fbem-14770	3	25	.	.	PUNCT
fbem-14770	4	1	additionally	additionally	ADV
fbem-14770	4	2	,	,	PUNCT
fbem-14770	4	3	it	it	PRON
fbem-14770	4	4	encourages	encourage	VERB
fbem-14770	4	5	increased	increase	VERB
fbem-14770	4	6	labor	labor	NOUN
fbem-14770	4	7	supply	supply	NOUN
fbem-14770	4	8	and	and	CCONJ
fbem-14770	4	9	fosters	foster	VERB
fbem-14770	4	10	the	the	DET
fbem-14770	4	11	accumulation	accumulation	NOUN
fbem-14770	4	12	of	of	ADP
fbem-14770	4	13	human	human	ADJ
fbem-14770	4	14	capital	capital	NOUN
fbem-14770	4	15	,	,	PUNCT
fbem-14770	4	16	exerting	exert	VERB
fbem-14770	4	17	a	a	DET
fbem-14770	4	18	positive	positive	ADJ
fbem-14770	4	19	impact	impact	NOUN
fbem-14770	4	20	on	on	ADP
fbem-14770	4	21	economic	economic	ADJ
fbem-14770	4	22	growth	growth	NOUN
fbem-14770	4	23	.	.	PUNCT
fbem-14770	5	1	the	the	DET
fbem-14770	5	2	equity	equity	NOUN
fbem-14770	5	3	and	and	CCONJ
fbem-14770	5	4	sustainability	sustainability	NOUN
fbem-14770	5	5	of	of	ADP
fbem-14770	5	6	pension	pension	NOUN
fbem-14770	5	7	insurance	insurance	NOUN
fbem-14770	5	8	can	can	AUX
fbem-14770	5	9	improve	improve	VERB
fbem-14770	5	10	income	income	NOUN
fbem-14770	5	11	distribution	distribution	NOUN
fbem-14770	5	12	and	and	CCONJ
fbem-14770	5	13	reduce	reduce	VERB
fbem-14770	5	14	wealth	wealth	NOUN
fbem-14770	5	15	disparity	disparity	NOUN
fbem-14770	5	16	,	,	PUNCT
fbem-14770	5	17	leading	lead	VERB
fbem-14770	5	18	to	to	ADP
fbem-14770	5	19	a	a	DET
fbem-14770	5	20	favorable	favorable	ADJ
fbem-14770	5	21	impact	impact	NOUN
fbem-14770	5	22	on	on	ADP
fbem-14770	5	23	economic	economic	ADJ
fbem-14770	5	24	growth	growth	NOUN
fbem-14770	5	25	.	.	PUNCT
fbem-14770	6	1	furthermore	furthermore	ADV
fbem-14770	6	2	,	,	PUNCT
fbem-14770	6	3	the	the	DET
fbem-14770	6	4	empirical	empirical	ADJ
fbem-14770	6	5	analysis	analysis	NOUN
fbem-14770	6	6	demonstrates	demonstrate	VERB
fbem-14770	6	7	the	the	DET
fbem-14770	6	8	long	long	ADJ
fbem-14770	6	9	-	-	PUNCT
fbem-14770	6	10	term	term	NOUN
fbem-14770	6	11	spillover	spillover	NOUN
fbem-14770	6	12	effects	effect	NOUN
fbem-14770	6	13	of	of	ADP
fbem-14770	6	14	pension	pension	NOUN
fbem-14770	6	15	insurance	insurance	NOUN
fbem-14770	6	16	on	on	ADP
fbem-14770	6	17	economic	economic	ADJ
fbem-14770	6	18	growth	growth	NOUN
fbem-14770	6	19	,	,	PUNCT
fbem-14770	6	20	providing	provide	VERB
fbem-14770	6	21	significant	significant	ADJ
fbem-14770	6	22	support	support	NOUN
fbem-14770	6	23	for	for	ADP
fbem-14770	6	24	the	the	DET
fbem-14770	6	25	sustainable	sustainable	ADJ
fbem-14770	6	26	development	development	NOUN
fbem-14770	6	27	of	of	ADP
fbem-14770	6	28	the	the	DET
fbem-14770	6	29	pension	pension	NOUN
fbem-14770	6	30	insurance	insurance	NOUN
fbem-14770	6	31	system	system	NOUN
fbem-14770	6	32	and	and	CCONJ
fbem-14770	6	33	economic	economic	ADJ
fbem-14770	6	34	growth	growth	NOUN
fbem-14770	6	35	.	.	PUNCT
fbem-14770	7	1	this	this	PRON
fbem-14770	7	2	holds	hold	VERB
fbem-14770	7	3	considerable	considerable	ADJ
fbem-14770	7	4	theoretical	theoretical	ADJ
fbem-14770	7	5	and	and	CCONJ
fbem-14770	7	6	practical	practical	ADJ
fbem-14770	7	7	value	value	NOUN
fbem-14770	7	8	for	for	ADP
fbem-14770	7	9	formulating	formulate	VERB
fbem-14770	7	10	pension	pension	NOUN
fbem-14770	7	11	insurance	insurance	NOUN
fbem-14770	7	12	policies	policy	NOUN
fbem-14770	7	13	and	and	CCONJ
fbem-14770	7	14	promoting	promote	VERB
fbem-14770	7	15	sustainable	sustainable	ADJ
fbem-14770	7	16	economic	economic	ADJ
fbem-14770	7	17	development	development	NOUN
fbem-14770	7	18	.	.	PUNCT
fbem-14770	8	1	keywords	keyword	NOUN
fbem-14770	8	2	:	:	PUNCT
fbem-14770	8	3	var	var	NOUN
fbem-14770	8	4	model	model	NOUN
fbem-14770	8	5	;	;	PUNCT
fbem-14770	8	6	pension	pension	NOUN
fbem-14770	8	7	insurance	insurance	NOUN
fbem-14770	8	8	;	;	PUNCT
fbem-14770	8	9	economic	economic	ADJ
fbem-14770	8	10	growth	growth	NOUN
fbem-14770	8	11	;	;	PUNCT
fbem-14770	8	12	long	long	ADJ
fbem-14770	8	13	-	-	PUNCT
fbem-14770	8	14	run	run	NOUN
fbem-14770	8	15	linkages	linkage	NOUN
fbem-14770	8	16	;	;	PUNCT
fbem-14770	8	17	effect	effect	VERB
fbem-14770	8	18	analysis	analysis	NOUN
fbem-14770	8	19	.	.	PUNCT
fbem-14770	9	1	1	1	X
fbem-14770	9	2	.	.	X
fbem-14770	9	3	introduction	introduction	NOUN
fbem-14770	9	4	given	give	VERB
fbem-14770	9	5	the	the	DET
fbem-14770	9	6	escalating	escalate	VERB
fbem-14770	9	7	aging	age	VERB
fbem-14770	9	8	population	population	NOUN
fbem-14770	9	9	and	and	CCONJ
fbem-14770	9	10	rapid	rapid	ADJ
fbem-14770	9	11	socioeconomic	socioeconomic	ADJ
fbem-14770	9	12	development	development	NOUN
fbem-14770	9	13	,	,	PUNCT
fbem-14770	9	14	pension	pension	NOUN
fbem-14770	9	15	insurance	insurance	NOUN
fbem-14770	9	16	has	have	AUX
fbem-14770	9	17	become	become	VERB
fbem-14770	9	18	an	an	DET
fbem-14770	9	19	integral	integral	ADJ
fbem-14770	9	20	component	component	NOUN
fbem-14770	9	21	of	of	ADP
fbem-14770	9	22	the	the	DET
fbem-14770	9	23	social	social	ADJ
fbem-14770	9	24	security	security	NOUN
fbem-14770	9	25	system	system	NOUN
fbem-14770	9	26	.	.	PUNCT
fbem-14770	10	1	it	it	PRON
fbem-14770	10	2	not	not	PART
fbem-14770	10	3	only	only	ADV
fbem-14770	10	4	ensures	ensure	VERB
fbem-14770	10	5	the	the	DET
fbem-14770	10	6	well	well	ADV
fbem-14770	10	7	-	-	PUNCT
fbem-14770	10	8	being	being	NOUN
fbem-14770	10	9	and	and	CCONJ
fbem-14770	10	10	security	security	NOUN
fbem-14770	10	11	of	of	ADP
fbem-14770	10	12	the	the	DET
fbem-14770	10	13	elderly	elderly	ADJ
fbem-14770	10	14	,	,	PUNCT
fbem-14770	10	15	but	but	CCONJ
fbem-14770	10	16	also	also	ADV
fbem-14770	10	17	directly	directly	ADV
fbem-14770	10	18	influences	influence	VERB
fbem-14770	10	19	economic	economic	ADJ
fbem-14770	10	20	growth	growth	NOUN
fbem-14770	10	21	and	and	CCONJ
fbem-14770	10	22	social	social	ADJ
fbem-14770	10	23	stability	stability	NOUN
fbem-14770	10	24	.	.	PUNCT
fbem-14770	11	1	as	as	ADP
fbem-14770	11	2	such	such	ADJ
fbem-14770	11	3	,	,	PUNCT
fbem-14770	11	4	exploring	explore	VERB
fbem-14770	11	5	the	the	DET
fbem-14770	11	6	long	long	ADJ
fbem-14770	11	7	-	-	PUNCT
fbem-14770	11	8	term	term	NOUN
fbem-14770	11	9	interactive	interactive	ADJ
fbem-14770	11	10	effects	effect	NOUN
fbem-14770	11	11	between	between	ADP
fbem-14770	11	12	pension	pension	NOUN
fbem-14770	11	13	insurance	insurance	NOUN
fbem-14770	11	14	and	and	CCONJ
fbem-14770	11	15	economic	economic	ADJ
fbem-14770	11	16	growth	growth	NOUN
fbem-14770	11	17	has	have	AUX
fbem-14770	11	18	emerged	emerge	VERB
fbem-14770	11	19	as	as	ADP
fbem-14770	11	20	a	a	DET
fbem-14770	11	21	crucial	crucial	ADJ
fbem-14770	11	22	topic	topic	NOUN
fbem-14770	11	23	in	in	ADP
fbem-14770	11	24	the	the	DET
fbem-14770	11	25	fields	field	NOUN
fbem-14770	11	26	of	of	ADP
fbem-14770	11	27	economics	economic	NOUN
fbem-14770	11	28	and	and	CCONJ
fbem-14770	11	29	social	social	ADJ
fbem-14770	11	30	sciences	science	NOUN
fbem-14770	11	31	.	.	PUNCT
fbem-14770	12	1	the	the	DET
fbem-14770	12	2	aim	aim	NOUN
fbem-14770	12	3	of	of	ADP
fbem-14770	12	4	this	this	DET
fbem-14770	12	5	article	article	NOUN
fbem-14770	12	6	is	be	AUX
fbem-14770	12	7	to	to	PART
fbem-14770	12	8	delve	delve	VERB
fbem-14770	12	9	into	into	ADP
fbem-14770	12	10	the	the	DET
fbem-14770	12	11	long	long	ADJ
fbem-14770	12	12	-	-	PUNCT
fbem-14770	12	13	term	term	NOUN
fbem-14770	12	14	impact	impact	NOUN
fbem-14770	12	15	mechanism	mechanism	NOUN
fbem-14770	12	16	of	of	ADP
fbem-14770	12	17	pension	pension	NOUN
fbem-14770	12	18	insurance	insurance	NOUN
fbem-14770	12	19	on	on	ADP
fbem-14770	12	20	economic	economic	ADJ
fbem-14770	12	21	growth	growth	NOUN
fbem-14770	12	22	and	and	CCONJ
fbem-14770	12	23	,	,	PUNCT
fbem-14770	12	24	based	base	VERB
fbem-14770	12	25	on	on	ADP
fbem-14770	12	26	this	this	DET
fbem-14770	12	27	premise	premise	NOUN
fbem-14770	12	28	,	,	PUNCT
fbem-14770	12	29	empirically	empirically	ADV
fbem-14770	12	30	analyze	analyze	VERB
fbem-14770	12	31	it	it	PRON
fbem-14770	12	32	through	through	ADP
fbem-14770	12	33	a	a	DET
fbem-14770	12	34	var	var	NOUN
fbem-14770	12	35	model	model	NOUN
fbem-14770	12	36	.	.	PUNCT
fbem-14770	13	1	specifically	specifically	ADV
fbem-14770	13	2	,	,	PUNCT
fbem-14770	13	3	the	the	DET
fbem-14770	13	4	article	article	NOUN
fbem-14770	13	5	will	will	AUX
fbem-14770	13	6	discuss	discuss	VERB
fbem-14770	13	7	and	and	CCONJ
fbem-14770	13	8	explore	explore	VERB
fbem-14770	13	9	three	three	NUM
fbem-14770	13	10	aspects	aspect	NOUN
fbem-14770	13	11	:	:	PUNCT
fbem-14770	13	12	the	the	DET
fbem-14770	13	13	current	current	ADJ
fbem-14770	13	14	development	development	NOUN
fbem-14770	13	15	status	status	NOUN
fbem-14770	13	16	of	of	ADP
fbem-14770	13	17	china	china	PROPN
fbem-14770	13	18	's	's	PART
fbem-14770	13	19	pension	pension	NOUN
fbem-14770	13	20	insurance	insurance	NOUN
fbem-14770	13	21	system	system	NOUN
fbem-14770	13	22	,	,	PUNCT
fbem-14770	13	23	the	the	DET
fbem-14770	13	24	mechanisms	mechanism	NOUN
fbem-14770	13	25	through	through	ADP
fbem-14770	13	26	which	which	PRON
fbem-14770	13	27	pension	pension	NOUN
fbem-14770	13	28	insurance	insurance	NOUN
fbem-14770	13	29	affects	affect	VERB
fbem-14770	13	30	long	long	ADJ
fbem-14770	13	31	-	-	PUNCT
fbem-14770	13	32	term	term	NOUN
fbem-14770	13	33	interactive	interactive	ADJ
fbem-14770	13	34	effects	effect	NOUN
fbem-14770	13	35	on	on	ADP
fbem-14770	13	36	economic	economic	ADJ
fbem-14770	13	37	growth	growth	NOUN
fbem-14770	13	38	,	,	PUNCT
fbem-14770	13	39	and	and	CCONJ
fbem-14770	13	40	empirical	empirical	ADJ
fbem-14770	13	41	analysis	analysis	NOUN
fbem-14770	13	42	[	[	X
fbem-14770	13	43	1	1	NUM
fbem-14770	13	44	]	]	PUNCT
fbem-14770	13	45	.	.	PUNCT
fbem-14770	14	1	the	the	DET
fbem-14770	14	2	significance	significance	NOUN
fbem-14770	14	3	of	of	ADP
fbem-14770	14	4	this	this	DET
fbem-14770	14	5	study	study	NOUN
fbem-14770	14	6	lies	lie	VERB
fbem-14770	14	7	in	in	ADP
fbem-14770	14	8	providing	provide	VERB
fbem-14770	14	9	a	a	DET
fbem-14770	14	10	fresh	fresh	ADJ
fbem-14770	14	11	perspective	perspective	NOUN
fbem-14770	14	12	and	and	CCONJ
fbem-14770	14	13	new	new	ADJ
fbem-14770	14	14	evidence	evidence	NOUN
fbem-14770	14	15	regarding	regard	VERB
fbem-14770	14	16	the	the	DET
fbem-14770	14	17	relationship	relationship	NOUN
fbem-14770	14	18	between	between	ADP
fbem-14770	14	19	pension	pension	NOUN
fbem-14770	14	20	insurance	insurance	NOUN
fbem-14770	14	21	and	and	CCONJ
fbem-14770	14	22	economic	economic	ADJ
fbem-14770	14	23	growth	growth	NOUN
fbem-14770	14	24	.	.	PUNCT
fbem-14770	15	1	furthermore	furthermore	ADV
fbem-14770	15	2	,	,	PUNCT
fbem-14770	15	3	it	it	PRON
fbem-14770	15	4	offers	offer	VERB
fbem-14770	15	5	viable	viable	ADJ
fbem-14770	15	6	policy	policy	NOUN
fbem-14770	15	7	recommendations	recommendation	NOUN
fbem-14770	15	8	for	for	ADP
fbem-14770	15	9	comprehensive	comprehensive	ADJ
fbem-14770	15	10	reform	reform	NOUN
fbem-14770	15	11	and	and	CCONJ
fbem-14770	15	12	improvement	improvement	NOUN
fbem-14770	15	13	of	of	ADP
fbem-14770	15	14	china	china	PROPN
fbem-14770	15	15	's	's	PART
fbem-14770	15	16	pension	pension	NOUN
fbem-14770	15	17	insurance	insurance	NOUN
fbem-14770	15	18	system	system	NOUN
fbem-14770	15	19	.	.	PUNCT
fbem-14770	16	1	2	2	X
fbem-14770	16	2	.	.	X
fbem-14770	16	3	current	current	ADJ
fbem-14770	16	4	status	status	NOUN
fbem-14770	16	5	of	of	ADP
fbem-14770	16	6	development	development	NOUN
fbem-14770	16	7	of	of	ADP
fbem-14770	16	8	china	china	PROPN
fbem-14770	16	9	's	's	PART
fbem-14770	16	10	pension	pension	NOUN
fbem-14770	16	11	insurance	insurance	NOUN
fbem-14770	16	12	system	system	NOUN
fbem-14770	16	13	the	the	DET
fbem-14770	16	14	elderly	elderly	ADJ
fbem-14770	16	15	care	care	NOUN
fbem-14770	16	16	insurance	insurance	NOUN
fbem-14770	16	17	system	system	NOUN
fbem-14770	16	18	in	in	ADP
fbem-14770	16	19	china	china	PROPN
fbem-14770	16	20	has	have	AUX
fbem-14770	16	21	continuously	continuously	ADV
fbem-14770	16	22	evolved	evolve	VERB
fbem-14770	16	23	and	and	CCONJ
fbem-14770	16	24	improved	improve	VERB
fbem-14770	16	25	along	along	ADP
fbem-14770	16	26	with	with	ADP
fbem-14770	16	27	economic	economic	ADJ
fbem-14770	16	28	and	and	CCONJ
fbem-14770	16	29	social	social	ADJ
fbem-14770	16	30	development	development	NOUN
fbem-14770	16	31	.	.	PUNCT
fbem-14770	17	1	since	since	SCONJ
fbem-14770	17	2	the	the	DET
fbem-14770	17	3	reform	reform	NOUN
fbem-14770	17	4	and	and	CCONJ
fbem-14770	17	5	opening	opening	NOUN
fbem-14770	17	6	up	up	ADP
fbem-14770	17	7	,	,	PUNCT
fbem-14770	17	8	the	the	DET
fbem-14770	17	9	chinese	chinese	ADJ
fbem-14770	17	10	elderly	elderly	ADJ
fbem-14770	17	11	care	care	NOUN
fbem-14770	17	12	insurance	insurance	NOUN
fbem-14770	17	13	system	system	NOUN
fbem-14770	17	14	has	have	AUX
fbem-14770	17	15	undergone	undergo	VERB
fbem-14770	17	16	multiple	multiple	ADJ
fbem-14770	17	17	stages	stage	NOUN
fbem-14770	17	18	of	of	ADP
fbem-14770	17	19	development	development	NOUN
fbem-14770	17	20	and	and	CCONJ
fbem-14770	17	21	adjustment	adjustment	NOUN
fbem-14770	17	22	,	,	PUNCT
fbem-14770	17	23	continuously	continuously	ADV
fbem-14770	17	24	adapting	adapt	VERB
fbem-14770	17	25	to	to	ADP
fbem-14770	17	26	the	the	DET
fbem-14770	17	27	challenges	challenge	NOUN
fbem-14770	17	28	of	of	ADP
fbem-14770	17	29	economic	economic	ADJ
fbem-14770	17	30	transformation	transformation	NOUN
fbem-14770	17	31	and	and	CCONJ
fbem-14770	17	32	population	population	NOUN
fbem-14770	17	33	aging	aging	NOUN
fbem-14770	17	34	.	.	PUNCT
fbem-14770	18	1	firstly	firstly	ADV
fbem-14770	18	2	,	,	PUNCT
fbem-14770	18	3	the	the	DET
fbem-14770	18	4	coverage	coverage	NOUN
fbem-14770	18	5	of	of	ADP
fbem-14770	18	6	the	the	DET
fbem-14770	18	7	elderly	elderly	ADJ
fbem-14770	18	8	care	care	NOUN
fbem-14770	18	9	insurance	insurance	NOUN
fbem-14770	18	10	system	system	NOUN
fbem-14770	18	11	in	in	ADP
fbem-14770	18	12	china	china	PROPN
fbem-14770	18	13	has	have	AUX
fbem-14770	18	14	been	be	AUX
fbem-14770	18	15	constantly	constantly	ADV
fbem-14770	18	16	expanding	expand	VERB
fbem-14770	18	17	.	.	PUNCT
fbem-14770	19	1	the	the	DET
fbem-14770	19	2	earliest	early	ADJ
fbem-14770	19	3	elderly	elderly	ADJ
fbem-14770	19	4	care	care	NOUN
fbem-14770	19	5	insurance	insurance	NOUN
fbem-14770	19	6	system	system	NOUN
fbem-14770	19	7	only	only	ADV
fbem-14770	19	8	targeted	target	VERB
fbem-14770	19	9	state	state	NOUN
fbem-14770	19	10	-	-	PUNCT
fbem-14770	19	11	owned	own	VERB
fbem-14770	19	12	enterprise	enterprise	NOUN
fbem-14770	19	13	employees	employee	NOUN
fbem-14770	19	14	,	,	PUNCT
fbem-14770	19	15	which	which	PRON
fbem-14770	19	16	was	be	AUX
fbem-14770	19	17	later	later	ADV
fbem-14770	19	18	extended	extend	VERB
fbem-14770	19	19	to	to	ADP
fbem-14770	19	20	urban	urban	ADJ
fbem-14770	19	21	employees	employee	NOUN
fbem-14770	19	22	with	with	ADP
fbem-14770	19	23	universal	universal	ADJ
fbem-14770	19	24	coverage	coverage	NOUN
fbem-14770	19	25	.	.	PUNCT
fbem-14770	20	1	over	over	ADP
fbem-14770	20	2	time	time	NOUN
fbem-14770	20	3	,	,	PUNCT
fbem-14770	20	4	it	it	PRON
fbem-14770	20	5	gradually	gradually	ADV
fbem-14770	20	6	expanded	expand	VERB
fbem-14770	20	7	to	to	PART
fbem-14770	20	8	cover	cover	VERB
fbem-14770	20	9	rural	rural	ADJ
fbem-14770	20	10	residents	resident	NOUN
fbem-14770	20	11	,	,	PUNCT
fbem-14770	20	12	urban	urban	ADJ
fbem-14770	20	13	and	and	CCONJ
fbem-14770	20	14	rural	rural	ADJ
fbem-14770	20	15	residents	resident	NOUN
fbem-14770	20	16	,	,	PUNCT
fbem-14770	20	17	and	and	CCONJ
fbem-14770	20	18	selfemployed	selfemploye	VERB
fbem-14770	20	19	individuals	individual	NOUN
fbem-14770	20	20	.	.	PUNCT
fbem-14770	21	1	currently	currently	ADV
fbem-14770	21	2	,	,	PUNCT
fbem-14770	21	3	there	there	PRON
fbem-14770	21	4	are	be	VERB
fbem-14770	21	5	two	two	NUM
fbem-14770	21	6	major	major	ADJ
fbem-14770	21	7	elderly	elderly	ADJ
fbem-14770	21	8	care	care	NOUN
fbem-14770	21	9	insurance	insurance	NOUN
fbem-14770	21	10	systems	system	NOUN
fbem-14770	21	11	in	in	ADP
fbem-14770	21	12	china	china	PROPN
fbem-14770	21	13	,	,	PUNCT
fbem-14770	21	14	namely	namely	ADV
fbem-14770	21	15	the	the	DET
fbem-14770	21	16	basic	basic	ADJ
fbem-14770	21	17	elderly	elderly	ADJ
fbem-14770	21	18	care	care	NOUN
fbem-14770	21	19	insurance	insurance	NOUN
fbem-14770	21	20	for	for	ADP
fbem-14770	21	21	urban	urban	ADJ
fbem-14770	21	22	and	and	CCONJ
fbem-14770	21	23	rural	rural	ADJ
fbem-14770	21	24	residents	resident	NOUN
fbem-14770	21	25	and	and	CCONJ
fbem-14770	21	26	the	the	DET
fbem-14770	21	27	basic	basic	ADJ
fbem-14770	21	28	elderly	elderly	ADJ
fbem-14770	21	29	care	care	NOUN
fbem-14770	21	30	insurance	insurance	NOUN
fbem-14770	21	31	for	for	ADP
fbem-14770	21	32	enterprise	enterprise	NOUN
fbem-14770	21	33	employees	employee	NOUN
fbem-14770	21	34	,	,	PUNCT
fbem-14770	21	35	achieving	achieve	VERB
fbem-14770	21	36	a	a	DET
fbem-14770	21	37	broad	broad	ADJ
fbem-14770	21	38	coverage	coverage	NOUN
fbem-14770	21	39	as	as	SCONJ
fbem-14770	21	40	displayed	display	VERB
fbem-14770	21	41	in	in	ADP
fbem-14770	21	42	figure	figure	NOUN
fbem-14770	21	43	1	1	NUM
fbem-14770	21	44	,	,	PUNCT
fbem-14770	21	45	which	which	PRON
fbem-14770	21	46	shows	show	VERB
fbem-14770	21	47	the	the	DET
fbem-14770	21	48	coverage	coverage	NOUN
fbem-14770	21	49	of	of	ADP
fbem-14770	21	50	the	the	DET
fbem-14770	21	51	basic	basic	ADJ
fbem-14770	21	52	elderly	elderly	ADJ
fbem-14770	21	53	care	care	NOUN
fbem-14770	21	54	insurance	insurance	NOUN
fbem-14770	21	55	for	for	ADP
fbem-14770	21	56	urban	urban	ADJ
fbem-14770	21	57	employees	employee	NOUN
fbem-14770	21	58	and	and	CCONJ
fbem-14770	21	59	retirees	retiree	NOUN
fbem-14770	21	60	from	from	ADP
fbem-14770	21	61	2005	2005	NUM
fbem-14770	21	62	to	to	ADP
fbem-14770	21	63	2018	2018	NUM
fbem-14770	21	64	.	.	PUNCT
fbem-14770	22	1	secondly	secondly	ADV
fbem-14770	22	2	,	,	PUNCT
fbem-14770	22	3	the	the	DET
fbem-14770	22	4	pension	pension	NOUN
fbem-14770	22	5	system	system	NOUN
fbem-14770	22	6	has	have	AUX
fbem-14770	22	7	gradually	gradually	ADV
fbem-14770	22	8	improved	improve	VERB
fbem-14770	22	9	.	.	PUNCT
fbem-14770	23	1	the	the	DET
fbem-14770	23	2	pension	pension	NOUN
fbem-14770	23	3	system	system	NOUN
fbem-14770	23	4	in	in	ADP
fbem-14770	23	5	china	china	PROPN
fbem-14770	23	6	consists	consist	VERB
fbem-14770	23	7	of	of	ADP
fbem-14770	23	8	two	two	NUM
fbem-14770	23	9	parts	part	NOUN
fbem-14770	23	10	,	,	PUNCT
fbem-14770	23	11	the	the	DET
fbem-14770	23	12	basic	basic	ADJ
fbem-14770	23	13	pension	pension	NOUN
fbem-14770	23	14	and	and	CCONJ
fbem-14770	23	15	the	the	DET
fbem-14770	23	16	supplementary	supplementary	ADJ
fbem-14770	23	17	pension	pension	NOUN
fbem-14770	23	18	.	.	PUNCT
fbem-14770	24	1	the	the	DET
fbem-14770	24	2	basic	basic	ADJ
fbem-14770	24	3	pension	pension	NOUN
fbem-14770	24	4	is	be	AUX
fbem-14770	24	5	provided	provide	VERB
fbem-14770	24	6	by	by	ADP
fbem-14770	24	7	personal	personal	ADJ
fbem-14770	24	8	contributions	contribution	NOUN
fbem-14770	24	9	and	and	CCONJ
fbem-14770	24	10	government	government	NOUN
fbem-14770	24	11	subsidies	subsidy	NOUN
fbem-14770	24	12	at	at	ADP
fbem-14770	24	13	the	the	DET
fbem-14770	24	14	national	national	ADJ
fbem-14770	24	15	level	level	NOUN
fbem-14770	24	16	,	,	PUNCT
fbem-14770	24	17	ensuring	ensure	VERB
fbem-14770	24	18	basic	basic	ADJ
fbem-14770	24	19	living	living	NOUN
fbem-14770	24	20	needs	need	NOUN
fbem-14770	24	21	for	for	ADP
fbem-14770	24	22	the	the	DET
fbem-14770	24	23	elderly	elderly	ADJ
fbem-14770	24	24	.	.	PUNCT
fbem-14770	25	1	the	the	DET
fbem-14770	25	2	supplementary	supplementary	ADJ
fbem-14770	25	3	pension	pension	NOUN
fbem-14770	25	4	is	be	AUX
fbem-14770	25	5	provided	provide	VERB
fbem-14770	25	6	by	by	ADP
fbem-14770	25	7	voluntary	voluntary	ADJ
fbem-14770	25	8	participation	participation	NOUN
fbem-14770	25	9	in	in	ADP
fbem-14770	25	10	supplementary	supplementary	ADJ
fbem-14770	25	11	insurance	insurance	NOUN
fbem-14770	25	12	plans	plan	NOUN
fbem-14770	25	13	by	by	ADP
fbem-14770	25	14	enterprises	enterprise	NOUN
fbem-14770	25	15	and	and	CCONJ
fbem-14770	25	16	individuals	individual	NOUN
fbem-14770	25	17	,	,	PUNCT
fbem-14770	25	18	aiming	aim	VERB
fbem-14770	25	19	to	to	PART
fbem-14770	25	20	increase	increase	VERB
fbem-14770	25	21	the	the	DET
fbem-14770	25	22	level	level	NOUN
fbem-14770	25	23	of	of	ADP
fbem-14770	25	24	elderly	elderly	ADJ
fbem-14770	25	25	care	care	NOUN
fbem-14770	25	26	insurance	insurance	NOUN
fbem-14770	25	27	.	.	PUNCT
fbem-14770	26	1	at	at	ADP
fbem-14770	26	2	the	the	DET
fbem-14770	26	3	same	same	ADJ
fbem-14770	26	4	time	time	NOUN
fbem-14770	26	5	,	,	PUNCT
fbem-14770	26	6	corresponding	correspond	VERB
fbem-14770	26	7	elderly	elderly	ADJ
fbem-14770	26	8	care	care	NOUN
fbem-14770	26	9	insurance	insurance	NOUN
fbem-14770	26	10	policies	policy	NOUN
fbem-14770	26	11	have	have	AUX
fbem-14770	26	12	been	be	AUX
fbem-14770	26	13	formulated	formulate	VERB
fbem-14770	26	14	for	for	ADP
fbem-14770	26	15	self	self	NOUN
fbem-14770	26	16	-	-	PUNCT
fbem-14770	26	17	employed	employ	VERB
fbem-14770	26	18	individuals	individual	NOUN
fbem-14770	26	19	and	and	CCONJ
fbem-14770	26	20	rural	rural	ADJ
fbem-14770	26	21	residents	resident	NOUN
fbem-14770	26	22	to	to	PART
fbem-14770	26	23	protect	protect	VERB
fbem-14770	26	24	their	their	PRON
fbem-14770	26	25	rights	right	NOUN
fbem-14770	26	26	to	to	ADP
fbem-14770	26	27	elderly	elderly	ADJ
fbem-14770	26	28	care	care	NOUN
fbem-14770	26	29	insurance	insurance	NOUN
fbem-14770	26	30	[	[	X
fbem-14770	26	31	2	2	NUM
fbem-14770	26	32	]	]	PUNCT
fbem-14770	26	33	.	.	PUNCT
fbem-14770	27	1	finally	finally	ADV
fbem-14770	27	2	,	,	PUNCT
fbem-14770	27	3	the	the	DET
fbem-14770	27	4	operation	operation	NOUN
fbem-14770	27	5	and	and	CCONJ
fbem-14770	27	6	management	management	NOUN
fbem-14770	27	7	system	system	NOUN
fbem-14770	27	8	of	of	ADP
fbem-14770	27	9	the	the	DET
fbem-14770	27	10	elderly	elderly	ADJ
fbem-14770	27	11	care	care	NOUN
fbem-14770	27	12	insurance	insurance	NOUN
fbem-14770	27	13	system	system	NOUN
fbem-14770	27	14	has	have	AUX
fbem-14770	27	15	been	be	AUX
fbem-14770	27	16	continuously	continuously	ADV
fbem-14770	27	17	improved	improve	VERB
fbem-14770	27	18	.	.	PUNCT
fbem-14770	28	1	in	in	ADP
fbem-14770	28	2	order	order	NOUN
fbem-14770	28	3	to	to	PART
fbem-14770	28	4	strengthen	strengthen	VERB
fbem-14770	28	5	the	the	DET
fbem-14770	28	6	management	management	NOUN
fbem-14770	28	7	and	and	CCONJ
fbem-14770	28	8	use	use	NOUN
fbem-14770	28	9	of	of	ADP
fbem-14770	28	10	elderly	elderly	ADJ
fbem-14770	28	11	care	care	NOUN
fbem-14770	28	12	insurance	insurance	NOUN
fbem-14770	28	13	funds	fund	NOUN
fbem-14770	28	14	,	,	PUNCT
fbem-14770	28	15	a	a	DET
fbem-14770	28	16	unified	unify	VERB
fbem-14770	28	17	elderly	elderly	ADJ
fbem-14770	28	18	care	care	NOUN
fbem-14770	28	19	insurance	insurance	NOUN
fbem-14770	28	20	fund	fund	NOUN
fbem-14770	28	21	system	system	NOUN
fbem-14770	28	22	has	have	AUX
fbem-14770	28	23	been	be	AUX
fbem-14770	28	24	established	establish	VERB
fbem-14770	28	25	in	in	ADP
fbem-14770	28	26	china	china	PROPN
fbem-14770	28	27	,	,	PUNCT
fbem-14770	28	28	as	as	ADV
fbem-14770	28	29	well	well	ADV
fbem-14770	28	30	as	as	ADP
fbem-14770	28	31	a	a	DET
fbem-14770	28	32	nationwide	nationwide	ADJ
fbem-14770	28	33	uniform	uniform	ADJ
fbem-14770	28	34	information	information	NOUN
fbem-14770	28	35	management	management	NOUN
fbem-14770	28	36	system	system	NOUN
fbem-14770	28	37	for	for	ADP
fbem-14770	28	38	elderly	elderly	ADJ
fbem-14770	28	39	care	care	NOUN
fbem-14770	28	40	insurance	insurance	NOUN
fbem-14770	28	41	registration	registration	NOUN
fbem-14770	28	42	,	,	PUNCT
fbem-14770	28	43	payment	payment	NOUN
fbem-14770	28	44	,	,	PUNCT
fbem-14770	28	45	and	and	CCONJ
fbem-14770	28	46	benefit	benefit	NOUN
fbem-14770	28	47	payment	payment	NOUN
fbem-14770	28	48	.	.	PUNCT
fbem-14770	29	1	to	to	PART
fbem-14770	29	2	improve	improve	VERB
fbem-14770	29	3	the	the	DET
fbem-14770	29	4	investment	investment	NOUN
fbem-14770	29	5	and	and	CCONJ
fbem-14770	29	6	operation	operation	NOUN
fbem-14770	29	7	efficiency	efficiency	NOUN
fbem-14770	29	8	of	of	ADP
fbem-14770	29	9	the	the	DET
fbem-14770	29	10	pension	pension	NOUN
fbem-14770	29	11	fund	fund	NOUN
fbem-14770	29	12	,	,	PUNCT
fbem-14770	29	13	china	china	PROPN
fbem-14770	29	14	's	's	PART
fbem-14770	29	15	elderly	elderly	ADJ
fbem-14770	29	16	care	care	NOUN
fbem-14770	29	17	insurance	insurance	NOUN
fbem-14770	29	18	fund	fund	NOUN
fbem-14770	29	19	actively	actively	ADV
fbem-14770	29	20	participates	participate	VERB
fbem-14770	29	21	in	in	ADP
fbem-14770	29	22	capital	capital	NOUN
fbem-14770	29	23	market	market	NOUN
fbem-14770	29	24	investment	investment	NOUN
fbem-14770	29	25	and	and	CCONJ
fbem-14770	29	26	conducts	conduct	VERB
fbem-14770	29	27	diversified	diversify	VERB
fbem-14770	29	28	investment	investment	NOUN
fbem-14770	29	29	operations	operation	NOUN
fbem-14770	29	30	.	.	PUNCT
fbem-14770	30	1	in	in	ADP
fbem-14770	30	2	addition	addition	NOUN
fbem-14770	30	3	,	,	PUNCT
fbem-14770	30	4	china	china	PROPN
fbem-14770	30	5	has	have	AUX
fbem-14770	30	6	actively	actively	ADV
fbem-14770	30	7	promoted	promote	VERB
fbem-14770	30	8	the	the	DET
fbem-14770	30	9	reform	reform	NOUN
fbem-14770	30	10	of	of	ADP
fbem-14770	30	11	the	the	DET
fbem-14770	30	12	elderly	elderly	ADJ
fbem-14770	30	13	care	care	NOUN
fbem-14770	30	14	insurance	insurance	NOUN
fbem-14770	30	15	system	system	NOUN
fbem-14770	30	16	.	.	PUNCT
fbem-14770	31	1	in	in	ADP
fbem-14770	31	2	response	response	NOUN
fbem-14770	31	3	to	to	ADP
fbem-14770	31	4	population	population	NOUN
fbem-14770	31	5	aging	aging	NOUN
fbem-14770	31	6	and	and	CCONJ
fbem-14770	31	7	social	social	ADJ
fbem-14770	31	8	development	development	NOUN
fbem-14770	31	9	changes	change	NOUN
fbem-14770	31	10	,	,	PUNCT
fbem-14770	31	11	china	china	PROPN
fbem-14770	31	12	has	have	AUX
fbem-14770	31	13	successively	successively	ADV
fbem-14770	31	14	introduced	introduce	VERB
fbem-14770	31	15	the	the	DET
fbem-14770	31	16	policy	policy	NOUN
fbem-14770	31	17	of	of	ADP
fbem-14770	31	18	delaying	delay	VERB
fbem-14770	31	19	retirement	retirement	NOUN
fbem-14770	31	20	and	and	CCONJ
fbem-14770	31	21	gradually	gradually	ADV
fbem-14770	31	22	increasing	increase	VERB
fbem-14770	31	23	the	the	DET
fbem-14770	31	24	retirement	retirement	NOUN
fbem-14770	31	25	age	age	NOUN
fbem-14770	31	26	,	,	PUNCT
fbem-14770	31	27	explored	explore	VERB
fbem-14770	31	28	the	the	DET
fbem-14770	31	29	establishment	establishment	NOUN
fbem-14770	31	30	of	of	ADP
fbem-14770	31	31	a	a	DET
fbem-14770	31	32	multi	multi	ADJ
fbem-14770	31	33	-	-	ADJ
fbem-14770	31	34	level	level	ADJ
fbem-14770	31	35	elderly	elderly	ADJ
fbem-14770	31	36	care	care	NOUN
fbem-14770	31	37	insurance	insurance	NOUN
fbem-14770	31	38	system	system	NOUN
fbem-14770	31	39	,	,	PUNCT
fbem-14770	31	40	including	include	VERB
fbem-14770	31	41	enterprise	enterprise	NOUN
fbem-14770	31	42	annuities	annuity	NOUN
fbem-14770	31	43	110	110	NUM
fbem-14770	31	44	and	and	CCONJ
fbem-14770	31	45	individual	individual	ADJ
fbem-14770	31	46	accounts	account	NOUN
fbem-14770	31	47	for	for	ADP
fbem-14770	31	48	resident	resident	ADJ
fbem-14770	31	49	elderly	elderly	ADJ
fbem-14770	31	50	care	care	NOUN
fbem-14770	31	51	insurance	insurance	NOUN
fbem-14770	31	52	,	,	PUNCT
fbem-14770	31	53	strengthened	strengthen	VERB
fbem-14770	31	54	the	the	DET
fbem-14770	31	55	regulation	regulation	NOUN
fbem-14770	31	56	and	and	CCONJ
fbem-14770	31	57	risk	risk	NOUN
fbem-14770	31	58	prevention	prevention	NOUN
fbem-14770	31	59	of	of	ADP
fbem-14770	31	60	elderly	elderly	ADJ
fbem-14770	31	61	care	care	NOUN
fbem-14770	31	62	insurance	insurance	NOUN
fbem-14770	31	63	,	,	PUNCT
fbem-14770	31	64	and	and	CCONJ
fbem-14770	31	65	ensured	ensure	VERB
fbem-14770	31	66	the	the	DET
fbem-14770	31	67	sustainable	sustainable	ADJ
fbem-14770	31	68	payment	payment	NOUN
fbem-14770	31	69	of	of	ADP
fbem-14770	31	70	elderly	elderly	ADJ
fbem-14770	31	71	care	care	NOUN
fbem-14770	31	72	insurance	insurance	NOUN
fbem-14770	31	73	.	.	PUNCT
fbem-14770	32	1	figure	figure	NOUN
fbem-14770	32	2	1	1	NUM
fbem-14770	32	3	.	.	PUNCT
fbem-14770	32	4	basic	basic	ADJ
fbem-14770	32	5	pension	pension	NOUN
fbem-14770	32	6	insurance	insurance	NOUN
fbem-14770	32	7	coverage	coverage	NOUN
fbem-14770	32	8	for	for	ADP
fbem-14770	32	9	urban	urban	ADJ
fbem-14770	32	10	workers	worker	NOUN
fbem-14770	32	11	and	and	CCONJ
fbem-14770	32	12	retirees	retiree	NOUN
fbem-14770	32	13	,	,	PUNCT
fbem-14770	32	14	2005	2005	NUM
fbem-14770	32	15	-	-	SYM
fbem-14770	32	16	2018	2018	NUM
fbem-14770	32	17	despite	despite	SCONJ
fbem-14770	32	18	significant	significant	ADJ
fbem-14770	32	19	progress	progress	NOUN
fbem-14770	32	20	in	in	ADP
fbem-14770	32	21	the	the	DET
fbem-14770	32	22	coverage	coverage	NOUN
fbem-14770	32	23	,	,	PUNCT
fbem-14770	32	24	pension	pension	NOUN
fbem-14770	32	25	system	system	NOUN
fbem-14770	32	26	,	,	PUNCT
fbem-14770	32	27	and	and	CCONJ
fbem-14770	32	28	operational	operational	ADJ
fbem-14770	32	29	management	management	NOUN
fbem-14770	32	30	of	of	ADP
fbem-14770	32	31	the	the	DET
fbem-14770	32	32	elderly	elderly	ADJ
fbem-14770	32	33	insurance	insurance	NOUN
fbem-14770	32	34	system	system	NOUN
fbem-14770	32	35	in	in	ADP
fbem-14770	32	36	our	our	PRON
fbem-14770	32	37	country	country	NOUN
fbem-14770	32	38	,	,	PUNCT
fbem-14770	32	39	there	there	PRON
fbem-14770	32	40	are	be	VERB
fbem-14770	32	41	still	still	ADV
fbem-14770	32	42	challenges	challenge	NOUN
fbem-14770	32	43	that	that	PRON
fbem-14770	32	44	need	need	VERB
fbem-14770	32	45	to	to	PART
fbem-14770	32	46	be	be	AUX
fbem-14770	32	47	addressed	address	VERB
fbem-14770	32	48	.	.	PUNCT
fbem-14770	33	1	for	for	ADP
fbem-14770	33	2	instance	instance	NOUN
fbem-14770	33	3	,	,	PUNCT
fbem-14770	33	4	there	there	PRON
fbem-14770	33	5	is	be	VERB
fbem-14770	33	6	a	a	DET
fbem-14770	33	7	continuous	continuous	ADJ
fbem-14770	33	8	increase	increase	NOUN
fbem-14770	33	9	in	in	ADP
fbem-14770	33	10	the	the	DET
fbem-14770	33	11	pension	pension	NOUN
fbem-14770	33	12	gap	gap	NOUN
fbem-14770	33	13	and	and	CCONJ
fbem-14770	33	14	risks	risk	NOUN
fbem-14770	33	15	associated	associate	VERB
fbem-14770	33	16	with	with	ADP
fbem-14770	33	17	investment	investment	NOUN
fbem-14770	33	18	and	and	CCONJ
fbem-14770	33	19	operation	operation	NOUN
fbem-14770	33	20	of	of	ADP
fbem-14770	33	21	the	the	DET
fbem-14770	33	22	pension	pension	NOUN
fbem-14770	33	23	fund	fund	NOUN
fbem-14770	33	24	.	.	PUNCT
fbem-14770	34	1	therefore	therefore	ADV
fbem-14770	34	2	,	,	PUNCT
fbem-14770	34	3	it	it	PRON
fbem-14770	34	4	is	be	AUX
fbem-14770	34	5	necessary	necessary	ADJ
fbem-14770	34	6	to	to	PART
fbem-14770	34	7	further	far	ADV
fbem-14770	34	8	enhance	enhance	VERB
fbem-14770	34	9	the	the	DET
fbem-14770	34	10	reform	reform	NOUN
fbem-14770	34	11	of	of	ADP
fbem-14770	34	12	the	the	DET
fbem-14770	34	13	pension	pension	NOUN
fbem-14770	34	14	insurance	insurance	NOUN
fbem-14770	34	15	system	system	NOUN
fbem-14770	34	16	in	in	ADP
fbem-14770	34	17	the	the	DET
fbem-14770	34	18	future	future	NOUN
fbem-14770	34	19	,	,	PUNCT
fbem-14770	34	20	optimize	optimize	VERB
fbem-14770	34	21	the	the	DET
fbem-14770	34	22	design	design	NOUN
fbem-14770	34	23	of	of	ADP
fbem-14770	34	24	pension	pension	NOUN
fbem-14770	34	25	insurance	insurance	NOUN
fbem-14770	34	26	policies	policy	NOUN
fbem-14770	34	27	,	,	PUNCT
fbem-14770	34	28	improve	improve	VERB
fbem-14770	34	29	the	the	DET
fbem-14770	34	30	sustainability	sustainability	NOUN
fbem-14770	34	31	and	and	CCONJ
fbem-14770	34	32	protection	protection	NOUN
fbem-14770	34	33	level	level	NOUN
fbem-14770	34	34	of	of	ADP
fbem-14770	34	35	pensions	pension	NOUN
fbem-14770	34	36	,	,	PUNCT
fbem-14770	34	37	and	and	CCONJ
fbem-14770	34	38	provide	provide	VERB
fbem-14770	34	39	elderly	elderly	ADJ
fbem-14770	34	40	individuals	individual	NOUN
fbem-14770	34	41	with	with	ADP
fbem-14770	34	42	a	a	DET
fbem-14770	34	43	more	more	ADV
fbem-14770	34	44	stable	stable	ADJ
fbem-14770	34	45	and	and	CCONJ
fbem-14770	34	46	reliable	reliable	ADJ
fbem-14770	34	47	guarantee	guarantee	NOUN
fbem-14770	34	48	,	,	PUNCT
fbem-14770	34	49	in	in	ADP
fbem-14770	34	50	order	order	NOUN
fbem-14770	34	51	to	to	PART
fbem-14770	34	52	adapt	adapt	VERB
fbem-14770	34	53	and	and	CCONJ
fbem-14770	34	54	respond	respond	VERB
fbem-14770	34	55	to	to	ADP
fbem-14770	34	56	the	the	DET
fbem-14770	34	57	challenges	challenge	NOUN
fbem-14770	34	58	brought	bring	VERB
fbem-14770	34	59	by	by	ADP
fbem-14770	34	60	population	population	NOUN
fbem-14770	34	61	aging	age	VERB
fbem-14770	34	62	in	in	ADP
fbem-14770	34	63	our	our	PRON
fbem-14770	34	64	country	country	NOUN
fbem-14770	34	65	.	.	PUNCT
fbem-14770	35	1	3	3	X
fbem-14770	35	2	.	.	X
fbem-14770	35	3	the	the	DET
fbem-14770	35	4	mechanism	mechanism	NOUN
fbem-14770	35	5	of	of	ADP
fbem-14770	35	6	the	the	DET
fbem-14770	35	7	long	long	ADJ
fbem-14770	35	8	-	-	PUNCT
fbem-14770	35	9	term	term	NOUN
fbem-14770	35	10	linkage	linkage	NOUN
fbem-14770	35	11	effect	effect	NOUN
fbem-14770	35	12	of	of	ADP
fbem-14770	35	13	pension	pension	NOUN
fbem-14770	35	14	insurance	insurance	NOUN
fbem-14770	35	15	on	on	ADP
fbem-14770	35	16	economic	economic	ADJ
fbem-14770	35	17	growth	growth	NOUN
fbem-14770	35	18	3.1	3.1	NUM
fbem-14770	35	19	.	.	PUNCT
fbem-14770	36	1	savings	saving	NOUN
fbem-14770	36	2	release	release	VERB
fbem-14770	36	3	economic	economic	ADJ
fbem-14770	36	4	growth	growth	NOUN
fbem-14770	36	5	effect	effect	NOUN
fbem-14770	36	6	savings	saving	NOUN
fbem-14770	36	7	mobilization	mobilization	NOUN
fbem-14770	36	8	refers	refer	VERB
fbem-14770	36	9	to	to	ADP
fbem-14770	36	10	the	the	DET
fbem-14770	36	11	process	process	NOUN
fbem-14770	36	12	of	of	ADP
fbem-14770	36	13	channeling	channel	VERB
fbem-14770	36	14	savings	saving	NOUN
fbem-14770	36	15	into	into	ADP
fbem-14770	36	16	economic	economic	ADJ
fbem-14770	36	17	activities	activity	NOUN
fbem-14770	36	18	to	to	PART
fbem-14770	36	19	stimulate	stimulate	VERB
fbem-14770	36	20	economic	economic	ADJ
fbem-14770	36	21	growth	growth	NOUN
fbem-14770	36	22	.	.	PUNCT
fbem-14770	37	1	it	it	PRON
fbem-14770	37	2	has	have	VERB
fbem-14770	37	3	positive	positive	ADJ
fbem-14770	37	4	effects	effect	NOUN
fbem-14770	37	5	on	on	ADP
fbem-14770	37	6	economic	economic	ADJ
fbem-14770	37	7	growth	growth	NOUN
fbem-14770	37	8	in	in	ADP
fbem-14770	37	9	several	several	ADJ
fbem-14770	37	10	aspects	aspect	NOUN
fbem-14770	37	11	.	.	PUNCT
fbem-14770	38	1	firstly	firstly	ADV
fbem-14770	38	2	,	,	PUNCT
fbem-14770	38	3	savings	saving	NOUN
fbem-14770	38	4	mobilization	mobilization	NOUN
fbem-14770	38	5	significantly	significantly	ADV
fbem-14770	38	6	drives	drive	VERB
fbem-14770	38	7	investment	investment	NOUN
fbem-14770	38	8	.	.	PUNCT
fbem-14770	39	1	savings	saving	NOUN
fbem-14770	39	2	can	can	AUX
fbem-14770	39	3	be	be	AUX
fbem-14770	39	4	used	use	VERB
fbem-14770	39	5	to	to	PART
fbem-14770	39	6	finance	finance	VERB
fbem-14770	39	7	investment	investment	NOUN
fbem-14770	39	8	projects	project	NOUN
fbem-14770	39	9	,	,	PUNCT
fbem-14770	39	10	including	include	VERB
fbem-14770	39	11	fixed	fix	VERB
fbem-14770	39	12	asset	asset	NOUN
fbem-14770	39	13	investments	investment	NOUN
fbem-14770	39	14	and	and	CCONJ
fbem-14770	39	15	research	research	NOUN
fbem-14770	39	16	and	and	CCONJ
fbem-14770	39	17	development	development	NOUN
fbem-14770	39	18	.	.	PUNCT
fbem-14770	40	1	increased	increase	VERB
fbem-14770	40	2	investment	investment	NOUN
fbem-14770	40	3	can	can	AUX
fbem-14770	40	4	spur	spur	VERB
fbem-14770	40	5	overall	overall	ADJ
fbem-14770	40	6	economic	economic	ADJ
fbem-14770	40	7	activity	activity	NOUN
fbem-14770	40	8	,	,	PUNCT
fbem-14770	40	9	enhance	enhance	VERB
fbem-14770	40	10	productivity	productivity	NOUN
fbem-14770	40	11	,	,	PUNCT
fbem-14770	40	12	and	and	CCONJ
fbem-14770	40	13	increase	increase	VERB
fbem-14770	40	14	efficiency	efficiency	NOUN
fbem-14770	40	15	,	,	PUNCT
fbem-14770	40	16	thereby	thereby	ADV
fbem-14770	40	17	promoting	promote	VERB
fbem-14770	40	18	economic	economic	ADJ
fbem-14770	40	19	growth	growth	NOUN
fbem-14770	40	20	[	[	X
fbem-14770	40	21	3	3	NUM
fbem-14770	40	22	]	]	PUNCT
fbem-14770	40	23	.	.	PUNCT
fbem-14770	41	1	secondly	secondly	ADV
fbem-14770	41	2	,	,	PUNCT
fbem-14770	41	3	savings	saving	NOUN
fbem-14770	41	4	mobilization	mobilization	NOUN
fbem-14770	41	5	can	can	AUX
fbem-14770	41	6	provide	provide	VERB
fbem-14770	41	7	financing	financing	NOUN
fbem-14770	41	8	support	support	NOUN
fbem-14770	41	9	to	to	PART
fbem-14770	41	10	promote	promote	VERB
fbem-14770	41	11	innovation	innovation	NOUN
fbem-14770	41	12	and	and	CCONJ
fbem-14770	41	13	technological	technological	ADJ
fbem-14770	41	14	progress	progress	NOUN
fbem-14770	41	15	.	.	PUNCT
fbem-14770	42	1	innovation	innovation	NOUN
fbem-14770	42	2	is	be	AUX
fbem-14770	42	3	a	a	DET
fbem-14770	42	4	crucial	crucial	ADJ
fbem-14770	42	5	driver	driver	NOUN
fbem-14770	42	6	of	of	ADP
fbem-14770	42	7	economic	economic	ADJ
fbem-14770	42	8	growth	growth	NOUN
fbem-14770	42	9	,	,	PUNCT
fbem-14770	42	10	often	often	ADV
fbem-14770	42	11	requiring	require	VERB
fbem-14770	42	12	substantial	substantial	ADJ
fbem-14770	42	13	investment	investment	NOUN
fbem-14770	42	14	in	in	ADP
fbem-14770	42	15	research	research	NOUN
fbem-14770	42	16	and	and	CCONJ
fbem-14770	42	17	development	development	NOUN
fbem-14770	42	18	.	.	PUNCT
fbem-14770	43	1	savings	saving	NOUN
fbem-14770	43	2	mobilization	mobilization	NOUN
fbem-14770	43	3	funds	fund	NOUN
fbem-14770	43	4	can	can	AUX
fbem-14770	43	5	provide	provide	VERB
fbem-14770	43	6	sufficient	sufficient	ADJ
fbem-14770	43	7	financing	financing	NOUN
fbem-14770	43	8	support	support	NOUN
fbem-14770	43	9	to	to	ADP
fbem-14770	43	10	innovative	innovative	ADJ
fbem-14770	43	11	enterprises	enterprise	NOUN
fbem-14770	43	12	,	,	PUNCT
fbem-14770	43	13	aiding	aid	VERB
fbem-14770	43	14	their	their	PRON
fbem-14770	43	15	research	research	NOUN
fbem-14770	43	16	and	and	CCONJ
fbem-14770	43	17	development	development	NOUN
fbem-14770	43	18	efforts	effort	NOUN
fbem-14770	43	19	,	,	PUNCT
fbem-14770	43	20	and	and	CCONJ
fbem-14770	43	21	promoting	promote	VERB
fbem-14770	43	22	technological	technological	ADJ
fbem-14770	43	23	progress	progress	NOUN
fbem-14770	43	24	and	and	CCONJ
fbem-14770	43	25	product	product	NOUN
fbem-14770	43	26	upgrades	upgrade	NOUN
fbem-14770	43	27	,	,	PUNCT
fbem-14770	43	28	thereby	thereby	ADV
fbem-14770	43	29	fostering	foster	VERB
fbem-14770	43	30	economic	economic	ADJ
fbem-14770	43	31	growth	growth	NOUN
fbem-14770	43	32	.	.	PUNCT
fbem-14770	44	1	thirdly	thirdly	ADV
fbem-14770	44	2	,	,	PUNCT
fbem-14770	44	3	savings	saving	NOUN
fbem-14770	44	4	mobilization	mobilization	NOUN
fbem-14770	44	5	helps	helps	AUX
fbem-14770	44	6	improve	improve	VERB
fbem-14770	44	7	resource	resource	NOUN
fbem-14770	44	8	allocation	allocation	NOUN
fbem-14770	44	9	efficiency	efficiency	NOUN
fbem-14770	44	10	.	.	PUNCT
fbem-14770	45	1	by	by	ADP
fbem-14770	45	2	providing	provide	VERB
fbem-14770	45	3	abundant	abundant	ADJ
fbem-14770	45	4	capital	capital	NOUN
fbem-14770	45	5	supply	supply	NOUN
fbem-14770	45	6	,	,	PUNCT
fbem-14770	45	7	savings	saving	NOUN
fbem-14770	45	8	mobilization	mobilization	NOUN
fbem-14770	45	9	facilitates	facilitate	VERB
fbem-14770	45	10	optimal	optimal	ADJ
fbem-14770	45	11	resource	resource	NOUN
fbem-14770	45	12	allocation	allocation	NOUN
fbem-14770	45	13	across	across	ADP
fbem-14770	45	14	industries	industry	NOUN
fbem-14770	45	15	,	,	PUNCT
fbem-14770	45	16	regions	region	NOUN
fbem-14770	45	17	,	,	PUNCT
fbem-14770	45	18	and	and	CCONJ
fbem-14770	45	19	sectors	sector	NOUN
fbem-14770	45	20	.	.	PUNCT
fbem-14770	46	1	this	this	PRON
fbem-14770	46	2	contributes	contribute	VERB
fbem-14770	46	3	to	to	ADP
fbem-14770	46	4	the	the	DET
fbem-14770	46	5	development	development	NOUN
fbem-14770	46	6	of	of	ADP
fbem-14770	46	7	emerging	emerge	VERB
fbem-14770	46	8	industries	industry	NOUN
fbem-14770	46	9	,	,	PUNCT
fbem-14770	46	10	infrastructure	infrastructure	NOUN
fbem-14770	46	11	improvement	improvement	NOUN
fbem-14770	46	12	,	,	PUNCT
fbem-14770	46	13	and	and	CCONJ
fbem-14770	46	14	resource	resource	NOUN
fbem-14770	46	15	allocation	allocation	NOUN
fbem-14770	46	16	optimization	optimization	NOUN
fbem-14770	46	17	,	,	PUNCT
fbem-14770	46	18	further	far	ADV
fbem-14770	46	19	enhancing	enhance	VERB
fbem-14770	46	20	economic	economic	ADJ
fbem-14770	46	21	efficiency	efficiency	NOUN
fbem-14770	46	22	and	and	CCONJ
fbem-14770	46	23	driving	drive	VERB
fbem-14770	46	24	economic	economic	ADJ
fbem-14770	46	25	growth	growth	NOUN
fbem-14770	46	26	.	.	PUNCT
fbem-14770	47	1	moreover	moreover	ADV
fbem-14770	47	2	,	,	PUNCT
fbem-14770	47	3	savings	saving	NOUN
fbem-14770	47	4	mobilization	mobilization	NOUN
fbem-14770	47	5	also	also	ADV
fbem-14770	47	6	enhances	enhance	VERB
fbem-14770	47	7	residents	resident	NOUN
fbem-14770	47	8	'	'	PART
fbem-14770	47	9	consumption	consumption	NOUN
fbem-14770	47	10	capacity	capacity	NOUN
fbem-14770	47	11	.	.	PUNCT
fbem-14770	48	1	economic	economic	ADJ
fbem-14770	48	2	growth	growth	NOUN
fbem-14770	48	3	relies	rely	VERB
fbem-14770	48	4	on	on	ADP
fbem-14770	48	5	sufficient	sufficient	ADJ
fbem-14770	48	6	consumer	consumer	NOUN
fbem-14770	48	7	demand	demand	NOUN
fbem-14770	48	8	,	,	PUNCT
fbem-14770	48	9	and	and	CCONJ
fbem-14770	48	10	savings	saving	NOUN
fbem-14770	48	11	mobilization	mobilization	NOUN
fbem-14770	48	12	can	can	AUX
fbem-14770	48	13	increase	increase	VERB
fbem-14770	48	14	residents	resident	NOUN
fbem-14770	48	15	'	'	PART
fbem-14770	48	16	income	income	NOUN
fbem-14770	48	17	and	and	CCONJ
fbem-14770	48	18	savings	saving	NOUN
fbem-14770	48	19	levels	level	NOUN
fbem-14770	48	20	,	,	PUNCT
fbem-14770	48	21	improving	improve	VERB
fbem-14770	48	22	their	their	PRON
fbem-14770	48	23	ability	ability	NOUN
fbem-14770	48	24	to	to	PART
fbem-14770	48	25	consume	consume	VERB
fbem-14770	48	26	.	.	PUNCT
fbem-14770	49	1	increased	increase	VERB
fbem-14770	49	2	consumption	consumption	NOUN
fbem-14770	49	3	not	not	PART
fbem-14770	49	4	only	only	ADV
fbem-14770	49	5	provides	provide	VERB
fbem-14770	49	6	greater	great	ADJ
fbem-14770	49	7	market	market	NOUN
fbem-14770	49	8	demand	demand	NOUN
fbem-14770	49	9	but	but	CCONJ
fbem-14770	49	10	also	also	ADV
fbem-14770	49	11	creates	create	VERB
fbem-14770	49	12	more	more	ADJ
fbem-14770	49	13	opportunities	opportunity	NOUN
fbem-14770	49	14	for	for	ADP
fbem-14770	49	15	businesses	business	NOUN
fbem-14770	49	16	,	,	PUNCT
fbem-14770	49	17	thus	thus	ADV
fbem-14770	49	18	driving	drive	VERB
fbem-14770	49	19	economic	economic	ADJ
fbem-14770	49	20	growth	growth	NOUN
fbem-14770	49	21	.	.	PUNCT
fbem-14770	50	1	in	in	ADP
fbem-14770	50	2	conclusion	conclusion	NOUN
fbem-14770	50	3	,	,	PUNCT
fbem-14770	50	4	savings	saving	NOUN
fbem-14770	50	5	mobilization	mobilization	NOUN
fbem-14770	50	6	has	have	VERB
fbem-14770	50	7	multiple	multiple	ADJ
fbem-14770	50	8	effects	effect	NOUN
fbem-14770	50	9	on	on	ADP
fbem-14770	50	10	economic	economic	ADJ
fbem-14770	50	11	growth	growth	NOUN
fbem-14770	50	12	.	.	PUNCT
fbem-14770	51	1	it	it	PRON
fbem-14770	51	2	promotes	promote	VERB
fbem-14770	51	3	investment	investment	NOUN
fbem-14770	51	4	,	,	PUNCT
fbem-14770	51	5	drives	drive	VERB
fbem-14770	51	6	innovation	innovation	NOUN
fbem-14770	51	7	and	and	CCONJ
fbem-14770	51	8	technological	technological	ADJ
fbem-14770	51	9	progress	progress	NOUN
fbem-14770	51	10	,	,	PUNCT
fbem-14770	51	11	improves	improve	VERB
fbem-14770	51	12	resource	resource	NOUN
fbem-14770	51	13	allocation	allocation	NOUN
fbem-14770	51	14	efficiency	efficiency	NOUN
fbem-14770	51	15	,	,	PUNCT
fbem-14770	51	16	and	and	CCONJ
fbem-14770	51	17	increases	increase	VERB
fbem-14770	51	18	consumption	consumption	NOUN
fbem-14770	51	19	capacity	capacity	NOUN
fbem-14770	51	20	,	,	PUNCT
fbem-14770	51	21	providing	provide	VERB
fbem-14770	51	22	robust	robust	ADJ
fbem-14770	51	23	support	support	NOUN
fbem-14770	51	24	for	for	ADP
fbem-14770	51	25	economic	economic	ADJ
fbem-14770	51	26	growth	growth	NOUN
fbem-14770	51	27	.	.	PUNCT
fbem-14770	52	1	therefore	therefore	ADV
fbem-14770	52	2	,	,	PUNCT
fbem-14770	52	3	governments	government	NOUN
fbem-14770	52	4	and	and	CCONJ
fbem-14770	52	5	economic	economic	ADJ
fbem-14770	52	6	entities	entity	NOUN
fbem-14770	52	7	should	should	AUX
fbem-14770	52	8	focus	focus	VERB
fbem-14770	52	9	on	on	ADP
fbem-14770	52	10	savings	saving	NOUN
fbem-14770	52	11	accumulation	accumulation	NOUN
fbem-14770	52	12	and	and	CCONJ
fbem-14770	52	13	mobilization	mobilization	NOUN
fbem-14770	52	14	.	.	PUNCT
fbem-14770	53	1	measures	measure	NOUN
fbem-14770	53	2	should	should	AUX
fbem-14770	53	3	be	be	AUX
fbem-14770	53	4	taken	take	VERB
fbem-14770	53	5	to	to	PART
fbem-14770	53	6	create	create	VERB
fbem-14770	53	7	a	a	DET
fbem-14770	53	8	favorable	favorable	ADJ
fbem-14770	53	9	investment	investment	NOUN
fbem-14770	53	10	environment	environment	NOUN
fbem-14770	53	11	and	and	CCONJ
fbem-14770	53	12	consumer	consumer	NOUN
fbem-14770	53	13	atmosphere	atmosphere	NOUN
fbem-14770	53	14	,	,	PUNCT
fbem-14770	53	15	facilitating	facilitate	VERB
fbem-14770	53	16	sustainable	sustainable	ADJ
fbem-14770	53	17	economic	economic	ADJ
fbem-14770	53	18	growth	growth	NOUN
fbem-14770	53	19	[	[	X
fbem-14770	53	20	4	4	NUM
fbem-14770	53	21	]	]	PUNCT
fbem-14770	53	22	.	.	PUNCT
fbem-14770	54	1	3.2	3.2	NUM
fbem-14770	54	2	.	.	PUNCT
fbem-14770	55	1	promoting	promote	VERB
fbem-14770	55	2	human	human	ADJ
fbem-14770	55	3	capital	capital	NOUN
fbem-14770	55	4	accumulation	accumulation	NOUN
fbem-14770	55	5	human	human	ADJ
fbem-14770	55	6	capital	capital	NOUN
fbem-14770	55	7	accumulation	accumulation	NOUN
fbem-14770	55	8	plays	play	VERB
fbem-14770	55	9	a	a	DET
fbem-14770	55	10	crucial	crucial	ADJ
fbem-14770	55	11	role	role	NOUN
fbem-14770	55	12	in	in	ADP
fbem-14770	55	13	driving	drive	VERB
fbem-14770	55	14	economic	economic	ADJ
fbem-14770	55	15	growth	growth	NOUN
fbem-14770	55	16	.	.	PUNCT
fbem-14770	56	1	the	the	DET
fbem-14770	56	2	sound	sound	ADJ
fbem-14770	56	3	development	development	NOUN
fbem-14770	56	4	of	of	ADP
fbem-14770	56	5	pension	pension	NOUN
fbem-14770	56	6	insurance	insurance	NOUN
fbem-14770	56	7	can	can	AUX
fbem-14770	56	8	enhance	enhance	VERB
fbem-14770	56	9	the	the	DET
fbem-14770	56	10	level	level	NOUN
fbem-14770	56	11	of	of	ADP
fbem-14770	56	12	social	social	ADJ
fbem-14770	56	13	security	security	NOUN
fbem-14770	56	14	expenditure	expenditure	NOUN
fbem-14770	56	15	and	and	CCONJ
fbem-14770	56	16	analyze	analyze	VERB
fbem-14770	56	17	the	the	DET
fbem-14770	56	18	impact	impact	NOUN
fbem-14770	56	19	of	of	ADP
fbem-14770	56	20	social	social	ADJ
fbem-14770	56	21	security	security	NOUN
fbem-14770	56	22	expenditure	expenditure	NOUN
fbem-14770	56	23	from	from	ADP
fbem-14770	56	24	the	the	DET
fbem-14770	56	25	perspective	perspective	NOUN
fbem-14770	56	26	of	of	ADP
fbem-14770	56	27	human	human	ADJ
fbem-14770	56	28	capital	capital	NOUN
fbem-14770	56	29	accumulation	accumulation	NOUN
fbem-14770	56	30	.	.	PUNCT
fbem-14770	57	1	it	it	PRON
fbem-14770	57	2	clarifies	clarify	VERB
fbem-14770	57	3	how	how	SCONJ
fbem-14770	57	4	individuals	individual	NOUN
fbem-14770	57	5	'	'	PART
fbem-14770	57	6	budget	budget	NOUN
fbem-14770	57	7	constraints	constraint	NOUN
fbem-14770	57	8	influence	influence	VERB
fbem-14770	57	9	their	their	PRON
fbem-14770	57	10	choices	choice	NOUN
fbem-14770	57	11	regarding	regard	VERB
fbem-14770	57	12	the	the	DET
fbem-14770	57	13	level	level	NOUN
fbem-14770	57	14	of	of	ADP
fbem-14770	57	15	human	human	ADJ
fbem-14770	57	16	capital	capital	NOUN
fbem-14770	57	17	,	,	PUNCT
fbem-14770	57	18	ultimately	ultimately	ADV
fbem-14770	57	19	leading	lead	VERB
fbem-14770	57	20	to	to	ADP
fbem-14770	57	21	economic	economic	ADJ
fbem-14770	57	22	growth	growth	NOUN
fbem-14770	57	23	[	[	X
fbem-14770	57	24	5	5	NUM
fbem-14770	57	25	]	]	PUNCT
fbem-14770	57	26	.	.	PUNCT
fbem-14770	58	1	by	by	ADP
fbem-14770	58	2	dividing	divide	VERB
fbem-14770	58	3	a	a	DET
fbem-14770	58	4	person	person	NOUN
fbem-14770	58	5	's	's	PART
fbem-14770	58	6	life	life	NOUN
fbem-14770	58	7	into	into	ADP
fbem-14770	58	8	the	the	DET
fbem-14770	58	9	working	work	VERB
fbem-14770	58	10	phase	phase	NOUN
fbem-14770	58	11	and	and	CCONJ
fbem-14770	58	12	retirement	retirement	NOUN
fbem-14770	58	13	phase	phase	NOUN
fbem-14770	58	14	,	,	PUNCT
fbem-14770	58	15	a	a	DET
fbem-14770	58	16	more	more	ADV
fbem-14770	58	17	detailed	detailed	ADJ
fbem-14770	58	18	analysis	analysis	NOUN
fbem-14770	58	19	of	of	ADP
fbem-14770	58	20	human	human	ADJ
fbem-14770	58	21	capital	capital	NOUN
fbem-14770	58	22	accumulation	accumulation	NOUN
fbem-14770	58	23	can	can	AUX
fbem-14770	58	24	be	be	AUX
fbem-14770	58	25	conducted	conduct	VERB
fbem-14770	58	26	.	.	PUNCT
fbem-14770	59	1	during	during	ADP
fbem-14770	59	2	the	the	DET
fbem-14770	59	3	working	working	NOUN
fbem-14770	59	4	phase	phase	NOUN
fbem-14770	59	5	,	,	PUNCT
fbem-14770	59	6	individuals	individual	NOUN
fbem-14770	59	7	consume	consume	VERB
fbem-14770	59	8	a	a	DET
fbem-14770	59	9	certain	certain	ADJ
fbem-14770	59	10	amount	amount	NOUN
fbem-14770	59	11	of	of	ADP
fbem-14770	59	12	goods	good	NOUN
fbem-14770	59	13	,	,	PUNCT
fbem-14770	59	14	while	while	SCONJ
fbem-14770	59	15	they	they	PRON
fbem-14770	59	16	require	require	VERB
fbem-14770	59	17	more	more	ADJ
fbem-14770	59	18	goods	good	NOUN
fbem-14770	59	19	during	during	ADP
fbem-14770	59	20	retirement	retirement	NOUN
fbem-14770	59	21	.	.	PUNCT
fbem-14770	60	1	therefore	therefore	ADV
fbem-14770	60	2	,	,	PUNCT
fbem-14770	60	3	the	the	DET
fbem-14770	60	4	utility	utility	NOUN
fbem-14770	60	5	function	function	NOUN
fbem-14770	60	6	for	for	ADP
fbem-14770	60	7	individuals	individual	NOUN
fbem-14770	60	8	follows	follow	VERB
fbem-14770	60	9	an	an	DET
fbem-14770	60	10	increasing	increase	VERB
fbem-14770	60	11	and	and	CCONJ
fbem-14770	60	12	then	then	ADV
fbem-14770	60	13	decreasing	decrease	VERB
fbem-14770	60	14	trend	trend	NOUN
fbem-14770	60	15	,	,	PUNCT
fbem-14770	60	16	describing	describe	VERB
fbem-14770	60	17	the	the	DET
fbem-14770	60	18	overall	overall	ADJ
fbem-14770	60	19	change	change	NOUN
fbem-14770	60	20	in	in	ADP
fbem-14770	60	21	their	their	PRON
fbem-14770	60	22	utility	utility	NOUN
fbem-14770	60	23	level	level	NOUN
fbem-14770	60	24	throughout	throughout	ADP
fbem-14770	60	25	life	life	NOUN
fbem-14770	60	26	.	.	PUNCT
fbem-14770	61	1	the	the	DET
fbem-14770	61	2	sound	sound	ADJ
fbem-14770	61	3	development	development	NOUN
fbem-14770	61	4	of	of	ADP
fbem-14770	61	5	pension	pension	NOUN
fbem-14770	61	6	insurance	insurance	NOUN
fbem-14770	61	7	provides	provide	VERB
fbem-14770	61	8	stable	stable	ADJ
fbem-14770	61	9	retirement	retirement	NOUN
fbem-14770	61	10	security	security	NOUN
fbem-14770	61	11	,	,	PUNCT
fbem-14770	61	12	alleviating	alleviate	VERB
fbem-14770	61	13	individuals	individual	NOUN
fbem-14770	61	14	'	'	PART
fbem-14770	61	15	concerns	concern	NOUN
fbem-14770	61	16	about	about	ADP
fbem-14770	61	17	retirement	retirement	NOUN
fbem-14770	61	18	risks	risk	NOUN
fbem-14770	61	19	.	.	PUNCT
fbem-14770	62	1	this	this	PRON
fbem-14770	62	2	makes	make	VERB
fbem-14770	62	3	individuals	individual	NOUN
fbem-14770	62	4	more	more	ADV
fbem-14770	62	5	willing	willing	ADJ
fbem-14770	62	6	to	to	PART
fbem-14770	62	7	accumulate	accumulate	VERB
fbem-14770	62	8	human	human	ADJ
fbem-14770	62	9	capital	capital	NOUN
fbem-14770	62	10	during	during	ADP
fbem-14770	62	11	the	the	DET
fbem-14770	62	12	working	working	NOUN
fbem-14770	62	13	phase	phase	NOUN
fbem-14770	62	14	,	,	PUNCT
fbem-14770	62	15	thereby	thereby	ADV
fbem-14770	62	16	enhancing	enhance	VERB
fbem-14770	62	17	their	their	PRON
fbem-14770	62	18	productivity	productivity	NOUN
fbem-14770	62	19	and	and	CCONJ
fbem-14770	62	20	competitiveness	competitiveness	NOUN
fbem-14770	62	21	.	.	PUNCT
fbem-14770	63	1	0	0	NUM
fbem-14770	64	1	2	2	NUM
fbem-14770	64	2	4	4	NUM
fbem-14770	64	3	6	6	NUM
fbem-14770	64	4	8	8	NUM
fbem-14770	64	5	10	10	NUM
fbem-14770	64	6	12	12	NUM
fbem-14770	64	7	2005	2005	NUM
fbem-14770	64	8	2006	2006	NUM
fbem-14770	64	9	2007	2007	NUM
fbem-14770	64	10	2008	2008	NUM
fbem-14770	64	11	2009	2009	NUM
fbem-14770	64	12	2010	2010	NUM
fbem-14770	64	13	2011	2011	NUM
fbem-14770	64	14	2012	2012	NUM
fbem-14770	64	15	2013	2013	NUM
fbem-14770	64	16	2014	2014	NUM
fbem-14770	64	17	2015	2015	NUM
fbem-14770	64	18	2016	2016	NUM
fbem-14770	64	19	2017	2017	NUM
fbem-14770	64	20	2018	2018	NUM
fbem-14770	64	21	number	number	NOUN
fbem-14770	64	22	of	of	ADP
fbem-14770	64	23	insured	insure	VERB
fbem-14770	64	24	retirees	retiree	NOUN
fbem-14770	64	25	number	number	NOUN
fbem-14770	64	26	of	of	ADP
fbem-14770	64	27	urban	urban	ADJ
fbem-14770	64	28	workers	worker	NOUN
fbem-14770	64	29	insured	insure	VERB
fbem-14770	64	30	site	site	NOUN
fbem-14770	64	31	coverage	coverage	NOUN
fbem-14770	64	32	111	111	NUM
fbem-14770	64	33	furthermore	furthermore	ADV
fbem-14770	64	34	,	,	PUNCT
fbem-14770	64	35	assuming	assume	VERB
fbem-14770	64	36	that	that	SCONJ
fbem-14770	64	37	producers	producer	NOUN
fbem-14770	64	38	of	of	ADP
fbem-14770	64	39	goods	good	NOUN
fbem-14770	64	40	have	have	VERB
fbem-14770	64	41	specific	specific	ADJ
fbem-14770	64	42	production	production	NOUN
fbem-14770	64	43	functions	function	NOUN
fbem-14770	64	44	,	,	PUNCT
fbem-14770	64	45	human	human	ADJ
fbem-14770	64	46	capital	capital	NOUN
fbem-14770	64	47	accumulation	accumulation	NOUN
fbem-14770	64	48	plays	play	VERB
fbem-14770	64	49	a	a	DET
fbem-14770	64	50	vital	vital	ADJ
fbem-14770	64	51	role	role	NOUN
fbem-14770	64	52	in	in	ADP
fbem-14770	64	53	improving	improve	VERB
fbem-14770	64	54	productivity	productivity	NOUN
fbem-14770	64	55	.	.	PUNCT
fbem-14770	65	1	human	human	ADJ
fbem-14770	65	2	capital	capital	NOUN
fbem-14770	65	3	refers	refer	VERB
fbem-14770	65	4	to	to	ADP
fbem-14770	65	5	the	the	DET
fbem-14770	65	6	quality	quality	NOUN
fbem-14770	65	7	of	of	ADP
fbem-14770	65	8	labor	labor	NOUN
fbem-14770	65	9	,	,	PUNCT
fbem-14770	65	10	and	and	CCONJ
fbem-14770	65	11	investments	investment	NOUN
fbem-14770	65	12	through	through	ADP
fbem-14770	65	13	education	education	NOUN
fbem-14770	65	14	,	,	PUNCT
fbem-14770	65	15	training	training	NOUN
fbem-14770	65	16	,	,	PUNCT
fbem-14770	65	17	and	and	CCONJ
fbem-14770	65	18	skill	skill	NOUN
fbem-14770	65	19	enhancement	enhancement	NOUN
fbem-14770	65	20	can	can	AUX
fbem-14770	65	21	improve	improve	VERB
fbem-14770	65	22	workers	worker	NOUN
fbem-14770	65	23	'	'	PART
fbem-14770	65	24	productivity	productivity	NOUN
fbem-14770	65	25	and	and	CCONJ
fbem-14770	65	26	technical	technical	ADJ
fbem-14770	65	27	skills	skill	NOUN
fbem-14770	65	28	,	,	PUNCT
fbem-14770	65	29	thus	thus	ADV
fbem-14770	65	30	promoting	promote	VERB
fbem-14770	65	31	economic	economic	ADJ
fbem-14770	65	32	growth	growth	NOUN
fbem-14770	65	33	.	.	PUNCT
fbem-14770	66	1	in	in	ADP
fbem-14770	66	2	the	the	DET
fbem-14770	66	3	production	production	NOUN
fbem-14770	66	4	function	function	NOUN
fbem-14770	66	5	,	,	PUNCT
fbem-14770	66	6	the	the	DET
fbem-14770	66	7	quantity	quantity	NOUN
fbem-14770	66	8	of	of	ADP
fbem-14770	66	9	capital	capital	NOUN
fbem-14770	66	10	and	and	CCONJ
fbem-14770	66	11	labor	labor	NOUN
fbem-14770	66	12	supply	supply	NOUN
fbem-14770	66	13	are	be	AUX
fbem-14770	66	14	key	key	ADJ
fbem-14770	66	15	determinants	determinant	NOUN
fbem-14770	66	16	of	of	ADP
fbem-14770	66	17	output	output	NOUN
fbem-14770	66	18	,	,	PUNCT
fbem-14770	66	19	and	and	CCONJ
fbem-14770	66	20	the	the	DET
fbem-14770	66	21	accumulation	accumulation	NOUN
fbem-14770	66	22	of	of	ADP
fbem-14770	66	23	human	human	ADJ
fbem-14770	66	24	capital	capital	NOUN
fbem-14770	66	25	can	can	AUX
fbem-14770	66	26	enhance	enhance	VERB
fbem-14770	66	27	the	the	DET
fbem-14770	66	28	quality	quality	NOUN
fbem-14770	66	29	of	of	ADP
fbem-14770	66	30	labor	labor	NOUN
fbem-14770	66	31	,	,	PUNCT
fbem-14770	66	32	further	far	ADV
fbem-14770	66	33	increasing	increase	VERB
fbem-14770	66	34	output	output	NOUN
fbem-14770	66	35	[	[	X
fbem-14770	66	36	5	5	NUM
fbem-14770	66	37	]	]	PUNCT
fbem-14770	66	38	.	.	PUNCT
fbem-14770	67	1	therefore	therefore	ADV
fbem-14770	67	2	,	,	PUNCT
fbem-14770	67	3	the	the	DET
fbem-14770	67	4	sound	sound	ADJ
fbem-14770	67	5	development	development	NOUN
fbem-14770	67	6	of	of	ADP
fbem-14770	67	7	pension	pension	NOUN
fbem-14770	67	8	insurance	insurance	NOUN
fbem-14770	67	9	positively	positively	ADV
fbem-14770	67	10	promotes	promote	VERB
fbem-14770	67	11	human	human	ADJ
fbem-14770	67	12	capital	capital	NOUN
fbem-14770	67	13	accumulation	accumulation	NOUN
fbem-14770	67	14	.	.	PUNCT
fbem-14770	68	1	by	by	ADP
fbem-14770	68	2	providing	provide	VERB
fbem-14770	68	3	stable	stable	ADJ
fbem-14770	68	4	pension	pension	NOUN
fbem-14770	68	5	benefits	benefit	NOUN
fbem-14770	68	6	and	and	CCONJ
fbem-14770	68	7	retirement	retirement	NOUN
fbem-14770	68	8	security	security	NOUN
fbem-14770	68	9	,	,	PUNCT
fbem-14770	68	10	the	the	DET
fbem-14770	68	11	pension	pension	NOUN
fbem-14770	68	12	insurance	insurance	NOUN
fbem-14770	68	13	system	system	NOUN
fbem-14770	68	14	incentivizes	incentivize	VERB
fbem-14770	68	15	individuals	individual	NOUN
fbem-14770	68	16	to	to	PART
fbem-14770	68	17	strengthen	strengthen	VERB
fbem-14770	68	18	their	their	PRON
fbem-14770	68	19	learning	learning	NOUN
fbem-14770	68	20	and	and	CCONJ
fbem-14770	68	21	training	training	NOUN
fbem-14770	68	22	during	during	ADP
fbem-14770	68	23	the	the	DET
fbem-14770	68	24	working	working	NOUN
fbem-14770	68	25	phase	phase	NOUN
fbem-14770	68	26	,	,	PUNCT
fbem-14770	68	27	improving	improve	VERB
fbem-14770	68	28	their	their	PRON
fbem-14770	68	29	skills	skill	NOUN
fbem-14770	68	30	and	and	CCONJ
fbem-14770	68	31	knowledge	knowledge	NOUN
fbem-14770	68	32	.	.	PUNCT
fbem-14770	69	1	this	this	PRON
fbem-14770	69	2	not	not	PART
fbem-14770	69	3	only	only	ADV
fbem-14770	69	4	enhances	enhance	VERB
fbem-14770	69	5	workers	worker	NOUN
fbem-14770	69	6	'	'	PART
fbem-14770	69	7	productivity	productivity	NOUN
fbem-14770	69	8	and	and	CCONJ
fbem-14770	69	9	competitiveness	competitiveness	NOUN
fbem-14770	69	10	but	but	CCONJ
fbem-14770	69	11	also	also	ADV
fbem-14770	69	12	promotes	promote	VERB
fbem-14770	69	13	technological	technological	ADJ
fbem-14770	69	14	progress	progress	NOUN
fbem-14770	69	15	and	and	CCONJ
fbem-14770	69	16	sustainable	sustainable	ADJ
fbem-14770	69	17	economic	economic	ADJ
fbem-14770	69	18	growth	growth	NOUN
fbem-14770	69	19	.	.	PUNCT
fbem-14770	70	1	therefore	therefore	ADV
fbem-14770	70	2	,	,	PUNCT
fbem-14770	70	3	the	the	DET
fbem-14770	70	4	government	government	NOUN
fbem-14770	70	5	should	should	AUX
fbem-14770	70	6	continue	continue	VERB
fbem-14770	70	7	to	to	PART
fbem-14770	70	8	reform	reform	VERB
fbem-14770	70	9	and	and	CCONJ
fbem-14770	70	10	invest	invest	VERB
fbem-14770	70	11	in	in	ADP
fbem-14770	70	12	the	the	DET
fbem-14770	70	13	pension	pension	NOUN
fbem-14770	70	14	insurance	insurance	NOUN
fbem-14770	70	15	system	system	NOUN
fbem-14770	70	16	to	to	PART
fbem-14770	70	17	drive	drive	VERB
fbem-14770	70	18	human	human	ADJ
fbem-14770	70	19	capital	capital	NOUN
fbem-14770	70	20	accumulation	accumulation	NOUN
fbem-14770	70	21	and	and	CCONJ
fbem-14770	70	22	inject	inject	VERB
fbem-14770	70	23	new	new	ADJ
fbem-14770	70	24	momentum	momentum	NOUN
fbem-14770	70	25	into	into	ADP
fbem-14770	70	26	economic	economic	ADJ
fbem-14770	70	27	development	development	NOUN
fbem-14770	70	28	.	.	PUNCT
fbem-14770	71	1	accordingly	accordingly	ADV
fbem-14770	71	2	,	,	PUNCT
fbem-14770	71	3	a	a	DET
fbem-14770	71	4	person	person	NOUN
fbem-14770	71	5	's	's	PART
fbem-14770	71	6	life	life	NOUN
fbem-14770	71	7	is	be	AUX
fbem-14770	71	8	divided	divide	VERB
fbem-14770	71	9	into	into	ADP
fbem-14770	71	10	a	a	DET
fbem-14770	71	11	working	work	VERB
fbem-14770	71	12	period	period	NOUN
fbem-14770	71	13	and	and	CCONJ
fbem-14770	71	14	a	a	DET
fbem-14770	71	15	retirement	retirement	NOUN
fbem-14770	71	16	period	period	NOUN
fbem-14770	71	17	,	,	PUNCT
fbem-14770	71	18	and	and	CCONJ
fbem-14770	71	19	a	a	DET
fbem-14770	71	20	person	person	NOUN
fbem-14770	71	21	born	bear	VERB
fbem-14770	71	22	in	in	ADP
fbem-14770	71	23	period	period	NOUN
fbem-14770	71	24	t	t	PROPN
fbem-14770	71	25	consumes	consume	VERB
fbem-14770	71	26	1	1	NUM
fbem-14770	71	27	tc	tc	NUM
fbem-14770	71	28	units	unit	NOUN
fbem-14770	71	29	of	of	ADP
fbem-14770	71	30	commodities	commodity	NOUN
fbem-14770	71	31	when	when	SCONJ
fbem-14770	71	32	he	he	PRON
fbem-14770	71	33	has	have	VERB
fbem-14770	71	34	the	the	DET
fbem-14770	71	35	ability	ability	NOUN
fbem-14770	71	36	to	to	PART
fbem-14770	71	37	work	work	VERB
fbem-14770	71	38	,	,	PUNCT
fbem-14770	71	39	and	and	CCONJ
fbem-14770	71	40	consumes	consume	VERB
fbem-14770	71	41	2	2	NUM
fbem-14770	71	42	1tc	1tc	NUM
fbem-14770	71	43	units	unit	NOUN
fbem-14770	71	44	of	of	ADP
fbem-14770	71	45	commodities	commodity	NOUN
fbem-14770	71	46	when	when	SCONJ
fbem-14770	71	47	he	he	PRON
fbem-14770	71	48	is	be	AUX
fbem-14770	71	49	old	old	ADJ
fbem-14770	71	50	and	and	CCONJ
fbem-14770	71	51	retired	retire	VERB
fbem-14770	71	52	,	,	PUNCT
fbem-14770	71	53	and	and	CCONJ
fbem-14770	71	54	defines	define	VERB
fbem-14770	71	55	the	the	DET
fbem-14770	71	56	utility	utility	NOUN
fbem-14770	71	57	function	function	NOUN
fbem-14770	71	58	of	of	ADP
fbem-14770	71	59	his	his	PRON
fbem-14770	71	60	life	life	NOUN
fbem-14770	71	61	in	in	ADP
fbem-14770	71	62	terms	term	NOUN
fbem-14770	71	63	of	of	ADP
fbem-14770	71	64	)	)	PUNCT
fbem-14770	71	65	,	,	PUNCT
fbem-14770	71	66	(	(	PUNCT
fbem-14770	71	67	2	2	NUM
fbem-14770	71	68	1	1	NUM
fbem-14770	71	69	1	1	NUM
fbem-14770	71	70	tt	tt	PART
fbem-14770	71	71	ccu	ccu	PROPN
fbem-14770	71	72	,	,	PUNCT
fbem-14770	71	73	which	which	PRON
fbem-14770	71	74	has	have	VERB
fbem-14770	71	75	monotonicity	monotonicity	NOUN
fbem-14770	71	76	of	of	ADP
fbem-14770	71	77	first	first	ADV
fbem-14770	71	78	increasing	increase	VERB
fbem-14770	71	79	and	and	CCONJ
fbem-14770	71	80	then	then	ADV
fbem-14770	71	81	decreasing	decrease	VERB
fbem-14770	71	82	,	,	PUNCT
fbem-14770	71	83	and	and	CCONJ
fbem-14770	71	84	describes	describe	VERB
fbem-14770	71	85	the	the	DET
fbem-14770	71	86	overall	overall	ADJ
fbem-14770	71	87	level	level	NOUN
fbem-14770	71	88	of	of	ADP
fbem-14770	71	89	change	change	NOUN
fbem-14770	71	90	in	in	ADP
fbem-14770	71	91	the	the	DET
fbem-14770	71	92	utility	utility	NOUN
fbem-14770	71	93	of	of	ADP
fbem-14770	71	94	a	a	DET
fbem-14770	71	95	person	person	NOUN
fbem-14770	71	96	's	's	PART
fbem-14770	71	97	life	life	NOUN
fbem-14770	71	98	.	.	PUNCT
fbem-14770	72	1	at	at	ADP
fbem-14770	72	2	the	the	DET
fbem-14770	72	3	same	same	ADJ
fbem-14770	72	4	time	time	NOUN
fbem-14770	72	5	,	,	PUNCT
fbem-14770	72	6	it	it	PRON
fbem-14770	72	7	is	be	AUX
fbem-14770	72	8	assumed	assume	VERB
fbem-14770	72	9	that	that	SCONJ
fbem-14770	72	10	the	the	DET
fbem-14770	72	11	vendor	vendor	NOUN
fbem-14770	72	12	producing	produce	VERB
fbem-14770	72	13	the	the	DET
fbem-14770	72	14	good	good	NOUN
fbem-14770	72	15	has	have	VERB
fbem-14770	72	16	a	a	DET
fbem-14770	72	17	production	production	NOUN
fbem-14770	72	18	function	function	NOUN
fbem-14770	72	19	of	of	ADP
fbem-14770	72	20	)	)	PUNCT
fbem-14770	72	21	,	,	PUNCT
fbem-14770	72	22	(	(	PUNCT
fbem-14770	72	23	tt	tt	PROPN
fbem-14770	72	24	lkf	lkf	PROPN
fbem-14770	72	25	,	,	PUNCT
fbem-14770	72	26	k	k	PROPN
fbem-14770	72	27	is	be	AUX
fbem-14770	72	28	the	the	DET
fbem-14770	72	29	amount	amount	NOUN
fbem-14770	72	30	of	of	ADP
fbem-14770	72	31	capital	capital	NOUN
fbem-14770	72	32	,	,	PUNCT
fbem-14770	72	33	and	and	CCONJ
fbem-14770	72	34	l	l	NOUN
fbem-14770	72	35	is	be	AUX
fbem-14770	72	36	the	the	DET
fbem-14770	72	37	labor	labor	NOUN
fbem-14770	72	38	supply	supply	NOUN
fbem-14770	72	39	.	.	PUNCT
fbem-14770	73	1	kt	kt	PROPN
fbem-14770	73	2	and	and	CCONJ
fbem-14770	73	3	lt	lt	PROPN
fbem-14770	73	4	then	then	ADV
fbem-14770	73	5	represent	represent	VERB
fbem-14770	73	6	the	the	DET
fbem-14770	73	7	entire	entire	ADJ
fbem-14770	73	8	amount	amount	NOUN
fbem-14770	73	9	of	of	ADP
fbem-14770	73	10	productive	productive	ADJ
fbem-14770	73	11	resources	resource	NOUN
fbem-14770	73	12	owned	own	VERB
fbem-14770	73	13	by	by	ADP
fbem-14770	73	14	the	the	DET
fbem-14770	73	15	vendor	vendor	NOUN
fbem-14770	73	16	in	in	ADP
fbem-14770	73	17	period	period	NOUN
fbem-14770	73	18	t	t	PROPN
fbem-14770	73	19	,	,	PUNCT
fbem-14770	73	20	respectively	respectively	ADV
fbem-14770	73	21	[	[	X
fbem-14770	73	22	6	6	NUM
fbem-14770	73	23	]	]	PUNCT
fbem-14770	73	24	.	.	PUNCT
fbem-14770	74	1	the	the	DET
fbem-14770	74	2	situation	situation	NOUN
fbem-14770	74	3	of	of	ADP
fbem-14770	74	4	an	an	DET
fbem-14770	74	5	individual	individual	NOUN
fbem-14770	74	6	's	's	PART
fbem-14770	74	7	human	human	ADJ
fbem-14770	74	8	capital	capital	NOUN
fbem-14770	74	9	stock	stock	NOUN
fbem-14770	74	10	with	with	ADP
fbem-14770	74	11	its	its	PRON
fbem-14770	74	12	time	time	NOUN
fbem-14770	74	13	invested	invest	VERB
fbem-14770	74	14	in	in	ADP
fbem-14770	74	15	learning	learn	VERB
fbem-14770	74	16	,	,	PUNCT
fbem-14770	74	17	t	t	PROPN
fbem-14770	74	18	,	,	PUNCT
fbem-14770	74	19	and	and	CCONJ
fbem-14770	74	20	per	per	ADP
fbem-14770	74	21	capita	capita	X
fbem-14770	74	22	human	human	ADJ
fbem-14770	74	23	capital	capital	NOUN
fbem-14770	74	24	stock	stock	NOUN
fbem-14770	74	25	in	in	ADP
fbem-14770	74	26	the	the	DET
fbem-14770	74	27	previous	previous	ADJ
fbem-14770	74	28	period	period	NOUN
fbem-14770	74	29	,	,	PUNCT
fbem-14770	74	30	is	be	AUX
fbem-14770	74	31	represented	represent	VERB
fbem-14770	74	32	by	by	ADP
fbem-14770	74	33	equation	equation	NOUN
fbem-14770	74	34	(	(	PUNCT
fbem-14770	74	35	1	1	NUM
fbem-14770	74	36	):	):	PUNCT
fbem-14770	74	37	1	1	NUM
fbem-14770	74	38	)	)	PUNCT
fbem-14770	74	39	(	(	PUNCT
fbem-14770	74	40			PROPN
fbem-14770	74	41	ttt	ttt	PROPN
fbem-14770	74	42	hgh	hgh	PROPN
fbem-14770	74	43			X
fbem-14770	74	44	(	(	PUNCT
fbem-14770	74	45	1	1	NUM
fbem-14770	74	46	)	)	PUNCT
fbem-14770	74	47	4	4	NUM
fbem-14770	74	48	.	.	PUNCT
fbem-14770	75	1	empirical	empirical	ADJ
fbem-14770	75	2	analysis	analysis	NOUN
fbem-14770	75	3	of	of	ADP
fbem-14770	75	4	the	the	DET
fbem-14770	75	5	longterm	longterm	ADJ
fbem-14770	75	6	linkage	linkage	NOUN
fbem-14770	75	7	effect	effect	NOUN
fbem-14770	75	8	of	of	ADP
fbem-14770	75	9	pension	pension	NOUN
fbem-14770	75	10	insurance	insurance	NOUN
fbem-14770	75	11	and	and	CCONJ
fbem-14770	75	12	economic	economic	ADJ
fbem-14770	75	13	growth	growth	NOUN
fbem-14770	75	14	4.1	4.1	NUM
fbem-14770	75	15	.	.	PUNCT
fbem-14770	76	1	variable	variable	ADJ
fbem-14770	76	2	selection	selection	NOUN
fbem-14770	76	3	in	in	ADP
fbem-14770	76	4	the	the	DET
fbem-14770	76	5	process	process	NOUN
fbem-14770	76	6	of	of	ADP
fbem-14770	76	7	economic	economic	ADJ
fbem-14770	76	8	development	development	NOUN
fbem-14770	76	9	,	,	PUNCT
fbem-14770	76	10	the	the	DET
fbem-14770	76	11	analysis	analysis	NOUN
fbem-14770	76	12	and	and	CCONJ
fbem-14770	76	13	research	research	NOUN
fbem-14770	76	14	on	on	ADP
fbem-14770	76	15	the	the	DET
fbem-14770	76	16	factors	factor	NOUN
fbem-14770	76	17	influencing	influence	VERB
fbem-14770	76	18	economic	economic	ADJ
fbem-14770	76	19	growth	growth	NOUN
fbem-14770	76	20	is	be	AUX
fbem-14770	76	21	a	a	DET
fbem-14770	76	22	traditional	traditional	ADJ
fbem-14770	76	23	topic	topic	NOUN
fbem-14770	76	24	.	.	PUNCT
fbem-14770	77	1	western	western	ADJ
fbem-14770	77	2	scholars	scholar	NOUN
fbem-14770	77	3	have	have	AUX
fbem-14770	77	4	conducted	conduct	VERB
fbem-14770	77	5	research	research	NOUN
fbem-14770	77	6	on	on	ADP
fbem-14770	77	7	the	the	DET
fbem-14770	77	8	factors	factor	NOUN
fbem-14770	77	9	influencing	influence	VERB
fbem-14770	77	10	economic	economic	ADJ
fbem-14770	77	11	growth	growth	NOUN
fbem-14770	77	12	within	within	ADP
fbem-14770	77	13	different	different	ADJ
fbem-14770	77	14	theoretical	theoretical	ADJ
fbem-14770	77	15	frameworks	framework	NOUN
fbem-14770	77	16	such	such	ADJ
fbem-14770	77	17	as	as	ADP
fbem-14770	77	18	classical	classical	ADJ
fbem-14770	77	19	economics	economic	NOUN
fbem-14770	77	20	and	and	CCONJ
fbem-14770	77	21	neoclassical	neoclassical	ADJ
fbem-14770	77	22	economics	economic	NOUN
fbem-14770	77	23	.	.	PUNCT
fbem-14770	78	1	for	for	ADP
fbem-14770	78	2	example	example	NOUN
fbem-14770	78	3	,	,	PUNCT
fbem-14770	78	4	adam	adam	PROPN
fbem-14770	78	5	smith	smith	PROPN
fbem-14770	78	6	believed	believe	VERB
fbem-14770	78	7	that	that	SCONJ
fbem-14770	78	8	labor	labor	NOUN
fbem-14770	78	9	productivity	productivity	NOUN
fbem-14770	78	10	and	and	CCONJ
fbem-14770	78	11	capital	capital	NOUN
fbem-14770	78	12	accumulation	accumulation	NOUN
fbem-14770	78	13	are	be	AUX
fbem-14770	78	14	the	the	DET
fbem-14770	78	15	fundamental	fundamental	ADJ
fbem-14770	78	16	factors	factor	NOUN
fbem-14770	78	17	driving	drive	VERB
fbem-14770	78	18	economic	economic	ADJ
fbem-14770	78	19	growth	growth	NOUN
fbem-14770	78	20	.	.	PUNCT
fbem-14770	79	1	similarly	similarly	ADV
fbem-14770	79	2	,	,	PUNCT
fbem-14770	79	3	malthus	malthus	PROPN
fbem-14770	79	4	believed	believe	VERB
fbem-14770	79	5	that	that	SCONJ
fbem-14770	79	6	improvements	improvement	NOUN
fbem-14770	79	7	in	in	ADP
fbem-14770	79	8	productivity	productivity	NOUN
fbem-14770	79	9	and	and	CCONJ
fbem-14770	79	10	capital	capital	NOUN
fbem-14770	79	11	accumulation	accumulation	NOUN
fbem-14770	79	12	have	have	VERB
fbem-14770	79	13	positive	positive	ADJ
fbem-14770	79	14	implications	implication	NOUN
fbem-14770	79	15	for	for	ADP
fbem-14770	79	16	economic	economic	ADJ
fbem-14770	79	17	growth	growth	NOUN
fbem-14770	79	18	.	.	PUNCT
fbem-14770	80	1	innovation	innovation	NOUN
fbem-14770	80	2	economists	economist	NOUN
fbem-14770	80	3	such	such	ADJ
fbem-14770	80	4	as	as	ADP
fbem-14770	80	5	schumpeter	schumpeter	NOUN
fbem-14770	80	6	argued	argue	VERB
fbem-14770	80	7	that	that	SCONJ
fbem-14770	80	8	innovation	innovation	NOUN
fbem-14770	80	9	is	be	AUX
fbem-14770	80	10	the	the	DET
fbem-14770	80	11	source	source	NOUN
fbem-14770	80	12	of	of	ADP
fbem-14770	80	13	economic	economic	ADJ
fbem-14770	80	14	growth	growth	NOUN
fbem-14770	80	15	.	.	PUNCT
fbem-14770	81	1	in	in	ADP
fbem-14770	81	2	summary	summary	NOUN
fbem-14770	81	3	,	,	PUNCT
fbem-14770	81	4	the	the	DET
fbem-14770	81	5	fundamental	fundamental	ADJ
fbem-14770	81	6	factors	factor	NOUN
fbem-14770	81	7	influencing	influence	VERB
fbem-14770	81	8	economic	economic	ADJ
fbem-14770	81	9	growth	growth	NOUN
fbem-14770	81	10	are	be	AUX
fbem-14770	81	11	labor	labor	NOUN
fbem-14770	81	12	and	and	CCONJ
fbem-14770	81	13	capital	capital	NOUN
fbem-14770	81	14	.	.	PUNCT
fbem-14770	82	1	changes	change	NOUN
fbem-14770	82	2	in	in	ADP
fbem-14770	82	3	the	the	DET
fbem-14770	82	4	quantity	quantity	NOUN
fbem-14770	82	5	of	of	ADP
fbem-14770	82	6	labor	labor	NOUN
fbem-14770	82	7	input	input	NOUN
fbem-14770	82	8	and	and	CCONJ
fbem-14770	82	9	labor	labor	NOUN
fbem-14770	82	10	productivity	productivity	NOUN
fbem-14770	82	11	lead	lead	VERB
fbem-14770	82	12	to	to	ADP
fbem-14770	82	13	changes	change	NOUN
fbem-14770	82	14	in	in	ADP
fbem-14770	82	15	the	the	DET
fbem-14770	82	16	mode	mode	NOUN
fbem-14770	82	17	of	of	ADP
fbem-14770	82	18	economic	economic	ADJ
fbem-14770	82	19	production	production	NOUN
fbem-14770	82	20	.	.	PUNCT
fbem-14770	83	1	technological	technological	ADJ
fbem-14770	83	2	innovation	innovation	NOUN
fbem-14770	83	3	and	and	CCONJ
fbem-14770	83	4	changes	change	NOUN
fbem-14770	83	5	in	in	ADP
fbem-14770	83	6	production	production	NOUN
fbem-14770	83	7	concepts	concept	NOUN
fbem-14770	83	8	are	be	AUX
fbem-14770	83	9	based	base	VERB
fbem-14770	83	10	on	on	ADP
fbem-14770	83	11	the	the	DET
fbem-14770	83	12	development	development	NOUN
fbem-14770	83	13	of	of	ADP
fbem-14770	83	14	labor	labor	NOUN
fbem-14770	83	15	relations	relation	NOUN
fbem-14770	83	16	.	.	PUNCT
fbem-14770	84	1	however	however	ADV
fbem-14770	84	2	,	,	PUNCT
fbem-14770	84	3	the	the	DET
fbem-14770	84	4	interpretations	interpretation	NOUN
fbem-14770	84	5	of	of	ADP
fbem-14770	84	6	the	the	DET
fbem-14770	84	7	changes	change	NOUN
fbem-14770	84	8	in	in	ADP
fbem-14770	84	9	labor	labor	NOUN
fbem-14770	84	10	and	and	CCONJ
fbem-14770	84	11	capital	capital	NOUN
fbem-14770	84	12	that	that	PRON
fbem-14770	84	13	contribute	contribute	VERB
fbem-14770	84	14	to	to	ADP
fbem-14770	84	15	economic	economic	ADJ
fbem-14770	84	16	growth	growth	NOUN
fbem-14770	84	17	vary	vary	VERB
fbem-14770	84	18	depending	depend	VERB
fbem-14770	84	19	on	on	ADP
fbem-14770	84	20	the	the	DET
fbem-14770	84	21	different	different	ADJ
fbem-14770	84	22	stages	stage	NOUN
fbem-14770	84	23	of	of	ADP
fbem-14770	84	24	economic	economic	ADJ
fbem-14770	84	25	and	and	CCONJ
fbem-14770	84	26	social	social	ADJ
fbem-14770	84	27	development	development	NOUN
fbem-14770	84	28	[	[	X
fbem-14770	84	29	7	7	NUM
fbem-14770	84	30	]	]	PUNCT
fbem-14770	84	31	.	.	PUNCT
fbem-14770	85	1	at	at	ADP
fbem-14770	85	2	the	the	DET
fbem-14770	85	3	current	current	ADJ
fbem-14770	85	4	level	level	NOUN
fbem-14770	85	5	of	of	ADP
fbem-14770	85	6	economic	economic	ADJ
fbem-14770	85	7	development	development	NOUN
fbem-14770	85	8	,	,	PUNCT
fbem-14770	85	9	the	the	DET
fbem-14770	85	10	quantity	quantity	NOUN
fbem-14770	85	11	of	of	ADP
fbem-14770	85	12	labor	labor	NOUN
fbem-14770	85	13	input	input	NOUN
fbem-14770	85	14	and	and	CCONJ
fbem-14770	85	15	labor	labor	NOUN
fbem-14770	85	16	productivity	productivity	NOUN
fbem-14770	85	17	continue	continue	VERB
fbem-14770	85	18	to	to	PART
fbem-14770	85	19	increase	increase	VERB
fbem-14770	85	20	as	as	ADP
fbem-14770	85	21	the	the	DET
fbem-14770	85	22	value	value	NOUN
fbem-14770	85	23	of	of	ADP
fbem-14770	85	24	human	human	ADJ
fbem-14770	85	25	capital	capital	NOUN
fbem-14770	85	26	rises	rise	NOUN
fbem-14770	85	27	.	.	PUNCT
fbem-14770	86	1	at	at	ADP
fbem-14770	86	2	the	the	DET
fbem-14770	86	3	same	same	ADJ
fbem-14770	86	4	time	time	NOUN
fbem-14770	86	5	,	,	PUNCT
fbem-14770	86	6	the	the	DET
fbem-14770	86	7	aging	aging	NOUN
fbem-14770	86	8	of	of	ADP
fbem-14770	86	9	the	the	DET
fbem-14770	86	10	population	population	NOUN
fbem-14770	86	11	is	be	AUX
fbem-14770	86	12	accelerating	accelerate	VERB
fbem-14770	86	13	,	,	PUNCT
fbem-14770	86	14	resulting	result	VERB
fbem-14770	86	15	in	in	ADP
fbem-14770	86	16	an	an	DET
fbem-14770	86	17	increased	increase	VERB
fbem-14770	86	18	demand	demand	NOUN
fbem-14770	86	19	for	for	ADP
fbem-14770	86	20	young	young	ADJ
fbem-14770	86	21	labor	labor	NOUN
fbem-14770	86	22	force	force	NOUN
fbem-14770	86	23	.	.	PUNCT
fbem-14770	87	1	it	it	PRON
fbem-14770	87	2	is	be	AUX
fbem-14770	87	3	of	of	ADP
fbem-14770	87	4	practical	practical	ADJ
fbem-14770	87	5	significance	significance	NOUN
fbem-14770	87	6	to	to	PART
fbem-14770	87	7	provide	provide	VERB
fbem-14770	87	8	sufficient	sufficient	ADJ
fbem-14770	87	9	economic	economic	ADJ
fbem-14770	87	10	security	security	NOUN
fbem-14770	87	11	to	to	ADP
fbem-14770	87	12	labor	labor	NOUN
fbem-14770	87	13	force	force	NOUN
fbem-14770	87	14	in	in	ADP
fbem-14770	87	15	order	order	NOUN
fbem-14770	87	16	to	to	PART
fbem-14770	87	17	effectively	effectively	ADV
fbem-14770	87	18	improve	improve	VERB
fbem-14770	87	19	social	social	ADJ
fbem-14770	87	20	labor	labor	NOUN
fbem-14770	87	21	productivity	productivity	NOUN
fbem-14770	87	22	.	.	PUNCT
fbem-14770	88	1	a	a	DET
fbem-14770	88	2	social	social	ADJ
fbem-14770	88	3	security	security	NOUN
fbem-14770	88	4	system	system	NOUN
fbem-14770	88	5	can	can	AUX
fbem-14770	88	6	reduce	reduce	VERB
fbem-14770	88	7	the	the	DET
fbem-14770	88	8	vulnerability	vulnerability	NOUN
fbem-14770	88	9	caused	cause	VERB
fbem-14770	88	10	by	by	ADP
fbem-14770	88	11	economic	economic	ADJ
fbem-14770	88	12	turbulence	turbulence	NOUN
fbem-14770	88	13	,	,	PUNCT
fbem-14770	88	14	natural	natural	ADJ
fbem-14770	88	15	disasters	disaster	NOUN
fbem-14770	88	16	,	,	PUNCT
fbem-14770	88	17	illness	illness	NOUN
fbem-14770	88	18	,	,	PUNCT
fbem-14770	88	19	and	and	CCONJ
fbem-14770	88	20	personal	personal	ADJ
fbem-14770	88	21	misfortunes	misfortune	NOUN
fbem-14770	88	22	.	.	PUNCT
fbem-14770	89	1	it	it	PRON
fbem-14770	89	2	can	can	AUX
fbem-14770	89	3	mitigate	mitigate	VERB
fbem-14770	89	4	economic	economic	ADJ
fbem-14770	89	5	risks	risk	NOUN
fbem-14770	89	6	for	for	ADP
fbem-14770	89	7	individuals	individual	NOUN
fbem-14770	89	8	and	and	CCONJ
fbem-14770	89	9	families	family	NOUN
fbem-14770	89	10	while	while	SCONJ
fbem-14770	89	11	protecting	protect	VERB
fbem-14770	89	12	the	the	DET
fbem-14770	89	13	production	production	NOUN
fbem-14770	89	14	and	and	CCONJ
fbem-14770	89	15	reproduction	reproduction	NOUN
fbem-14770	89	16	of	of	ADP
fbem-14770	89	17	the	the	DET
fbem-14770	89	18	population	population	NOUN
fbem-14770	89	19	.	.	PUNCT
fbem-14770	90	1	therefore	therefore	ADV
fbem-14770	90	2	,	,	PUNCT
fbem-14770	90	3	it	it	PRON
fbem-14770	90	4	can	can	AUX
fbem-14770	90	5	provide	provide	VERB
fbem-14770	90	6	appropriate	appropriate	ADJ
fbem-14770	90	7	guarantees	guarantee	NOUN
fbem-14770	90	8	for	for	ADP
fbem-14770	90	9	the	the	DET
fbem-14770	90	10	effective	effective	ADJ
fbem-14770	90	11	demand	demand	NOUN
fbem-14770	90	12	and	and	CCONJ
fbem-14770	90	13	supply	supply	NOUN
fbem-14770	90	14	of	of	ADP
fbem-14770	90	15	social	social	ADJ
fbem-14770	90	16	human	human	ADJ
fbem-14770	90	17	resources	resource	NOUN
fbem-14770	90	18	.	.	PUNCT
fbem-14770	91	1	expanding	expand	VERB
fbem-14770	91	2	the	the	DET
fbem-14770	91	3	level	level	NOUN
fbem-14770	91	4	of	of	ADP
fbem-14770	91	5	pension	pension	NOUN
fbem-14770	91	6	insurance	insurance	NOUN
fbem-14770	91	7	expenditure	expenditure	NOUN
fbem-14770	91	8	can	can	AUX
fbem-14770	91	9	maintain	maintain	VERB
fbem-14770	91	10	the	the	DET
fbem-14770	91	11	stable	stable	ADJ
fbem-14770	91	12	operation	operation	NOUN
fbem-14770	91	13	of	of	ADP
fbem-14770	91	14	the	the	DET
fbem-14770	91	15	labor	labor	NOUN
fbem-14770	91	16	market	market	NOUN
fbem-14770	91	17	and	and	CCONJ
fbem-14770	91	18	serve	serve	VERB
fbem-14770	91	19	as	as	ADP
fbem-14770	91	20	a	a	DET
fbem-14770	91	21	value	value	NOUN
fbem-14770	91	22	incentive	incentive	NOUN
fbem-14770	91	23	for	for	ADP
fbem-14770	91	24	employee	employee	NOUN
fbem-14770	91	25	dedication	dedication	NOUN
fbem-14770	91	26	and	and	CCONJ
fbem-14770	91	27	the	the	DET
fbem-14770	91	28	enhancement	enhancement	NOUN
fbem-14770	91	29	of	of	ADP
fbem-14770	91	30	human	human	ADJ
fbem-14770	91	31	resource	resource	NOUN
fbem-14770	91	32	management	management	NOUN
fbem-14770	91	33	level	level	NOUN
fbem-14770	91	34	.	.	PUNCT
fbem-14770	92	1	thus	thus	ADV
fbem-14770	92	2	,	,	PUNCT
fbem-14770	92	3	pension	pension	NOUN
fbem-14770	92	4	insurance	insurance	NOUN
fbem-14770	92	5	can	can	AUX
fbem-14770	92	6	promote	promote	VERB
fbem-14770	92	7	economic	economic	ADJ
fbem-14770	92	8	growth	growth	NOUN
fbem-14770	92	9	through	through	ADP
fbem-14770	92	10	the	the	DET
fbem-14770	92	11	promotion	promotion	NOUN
fbem-14770	92	12	of	of	ADP
fbem-14770	92	13	employment	employment	NOUN
fbem-14770	92	14	levels	level	NOUN
fbem-14770	92	15	and	and	CCONJ
fbem-14770	92	16	the	the	DET
fbem-14770	92	17	enhancement	enhancement	NOUN
fbem-14770	92	18	of	of	ADP
fbem-14770	92	19	labor	labor	NOUN
fbem-14770	92	20	capital	capital	NOUN
fbem-14770	92	21	[	[	X
fbem-14770	92	22	8	8	NUM
fbem-14770	92	23	]	]	PUNCT
fbem-14770	92	24	.	.	PUNCT
fbem-14770	93	1	to	to	PART
fbem-14770	93	2	further	far	ADV
fbem-14770	93	3	clarify	clarify	VERB
fbem-14770	93	4	the	the	DET
fbem-14770	93	5	long	long	ADJ
fbem-14770	93	6	-	-	PUNCT
fbem-14770	93	7	term	term	NOUN
fbem-14770	93	8	relationship	relationship	NOUN
fbem-14770	93	9	between	between	ADP
fbem-14770	93	10	pension	pension	NOUN
fbem-14770	93	11	insurance	insurance	NOUN
fbem-14770	93	12	and	and	CCONJ
fbem-14770	93	13	economic	economic	ADJ
fbem-14770	93	14	growth	growth	NOUN
fbem-14770	93	15	,	,	PUNCT
fbem-14770	93	16	let	let	VERB
fbem-14770	93	17	economic	economic	ADJ
fbem-14770	93	18	growth	growth	NOUN
fbem-14770	93	19	be	be	AUX
fbem-14770	93	20	the	the	DET
fbem-14770	93	21	dependent	dependent	ADJ
fbem-14770	93	22	variable	variable	NOUN
fbem-14770	93	23	,	,	PUNCT
fbem-14770	93	24	represented	represent	VERB
fbem-14770	93	25	by	by	ADP
fbem-14770	93	26	y	y	PROPN
fbem-14770	93	27	(	(	PUNCT
fbem-14770	93	28	calculated	calculate	VERB
fbem-14770	93	29	based	base	VERB
fbem-14770	93	30	on	on	ADP
fbem-14770	93	31	annual	annual	ADJ
fbem-14770	93	32	gdp	gdp	NOUN
fbem-14770	93	33	data	datum	NOUN
fbem-14770	93	34	)	)	PUNCT
fbem-14770	93	35	.	.	PUNCT
fbem-14770	94	1	let	let	VERB
fbem-14770	94	2	per	per	ADP
fbem-14770	94	3	capita	capita	X
fbem-14770	94	4	basic	basic	ADJ
fbem-14770	94	5	pension	pension	NOUN
fbem-14770	94	6	insurance	insurance	NOUN
fbem-14770	94	7	expenditure	expenditure	NOUN
fbem-14770	94	8	,	,	PUNCT
fbem-14770	94	9	labor	labor	NOUN
fbem-14770	94	10	force	force	PROPN
fbem-14770	94	11	human	human	ADJ
fbem-14770	94	12	capital	capital	NOUN
fbem-14770	94	13	stock	stock	NOUN
fbem-14770	94	14	,	,	PUNCT
fbem-14770	94	15	and	and	CCONJ
fbem-14770	94	16	capital	capital	NOUN
fbem-14770	94	17	input	input	NOUN
fbem-14770	94	18	be	be	AUX
fbem-14770	94	19	the	the	DET
fbem-14770	94	20	independent	independent	ADJ
fbem-14770	94	21	variables	variable	NOUN
fbem-14770	94	22	.	.	PUNCT
fbem-14770	95	1	per	per	ADP
fbem-14770	95	2	capita	capita	X
fbem-14770	95	3	basic	basic	ADJ
fbem-14770	95	4	pension	pension	NOUN
fbem-14770	95	5	insurance	insurance	NOUN
fbem-14770	95	6	expenditure	expenditure	NOUN
fbem-14770	95	7	(	(	PUNCT
fbem-14770	95	8	x1	x1	PROPN
fbem-14770	95	9	)	)	PUNCT
fbem-14770	95	10	can	can	AUX
fbem-14770	95	11	to	to	ADP
fbem-14770	95	12	some	some	DET
fbem-14770	95	13	extent	extent	NOUN
fbem-14770	95	14	reflect	reflect	VERB
fbem-14770	95	15	the	the	DET
fbem-14770	95	16	development	development	NOUN
fbem-14770	95	17	of	of	ADP
fbem-14770	95	18	pension	pension	NOUN
fbem-14770	95	19	insurance	insurance	NOUN
fbem-14770	95	20	.	.	PUNCT
fbem-14770	96	1	considering	consider	VERB
fbem-14770	96	2	the	the	DET
fbem-14770	96	3	overall	overall	ADJ
fbem-14770	96	4	operation	operation	NOUN
fbem-14770	96	5	of	of	ADP
fbem-14770	96	6	the	the	DET
fbem-14770	96	7	"	"	PUNCT
fbem-14770	96	8	three	three	NUM
fbem-14770	96	9	pillars	pillar	NOUN
fbem-14770	96	10	"	"	PUNCT
fbem-14770	96	11	of	of	ADP
fbem-14770	96	12	pension	pension	NOUN
fbem-14770	96	13	insurance	insurance	NOUN
fbem-14770	96	14	in	in	ADP
fbem-14770	96	15	china	china	PROPN
fbem-14770	96	16	,	,	PUNCT
fbem-14770	96	17	basic	basic	ADJ
fbem-14770	96	18	pension	pension	NOUN
fbem-14770	96	19	insurance	insurance	NOUN
fbem-14770	96	20	has	have	VERB
fbem-14770	96	21	an	an	DET
fbem-14770	96	22	absolute	absolute	ADJ
fbem-14770	96	23	advantage	advantage	NOUN
fbem-14770	96	24	in	in	ADP
fbem-14770	96	25	terms	term	NOUN
fbem-14770	96	26	of	of	ADP
fbem-14770	96	27	both	both	DET
fbem-14770	96	28	fund	fund	NOUN
fbem-14770	96	29	size	size	NOUN
fbem-14770	96	30	and	and	CCONJ
fbem-14770	96	31	number	number	NOUN
fbem-14770	96	32	of	of	ADP
fbem-14770	96	33	participants	participant	NOUN
fbem-14770	96	34	,	,	PUNCT
fbem-14770	96	35	and	and	CCONJ
fbem-14770	96	36	it	it	PRON
fbem-14770	96	37	represents	represent	VERB
fbem-14770	96	38	the	the	DET
fbem-14770	96	39	current	current	ADJ
fbem-14770	96	40	development	development	NOUN
fbem-14770	96	41	level	level	NOUN
fbem-14770	96	42	of	of	ADP
fbem-14770	96	43	pension	pension	NOUN
fbem-14770	96	44	insurance	insurance	NOUN
fbem-14770	96	45	to	to	ADP
fbem-14770	96	46	some	some	DET
fbem-14770	96	47	extent	extent	NOUN
fbem-14770	96	48	.	.	PUNCT
fbem-14770	97	1	since	since	SCONJ
fbem-14770	97	2	the	the	DET
fbem-14770	97	3	late	late	ADJ
fbem-14770	97	4	1980s	1980	NOUN
fbem-14770	97	5	,	,	PUNCT
fbem-14770	97	6	the	the	DET
fbem-14770	97	7	income	income	NOUN
fbem-14770	97	8	and	and	CCONJ
fbem-14770	97	9	expenditure	expenditure	NOUN
fbem-14770	97	10	of	of	ADP
fbem-14770	97	11	the	the	DET
fbem-14770	97	12	basic	basic	ADJ
fbem-14770	97	13	pension	pension	NOUN
fbem-14770	97	14	insurance	insurance	NOUN
fbem-14770	97	15	fund	fund	NOUN
fbem-14770	97	16	in	in	ADP
fbem-14770	97	17	china	china	PROPN
fbem-14770	97	18	have	have	AUX
fbem-14770	97	19	accounted	account	VERB
fbem-14770	97	20	for	for	ADP
fbem-14770	97	21	a	a	DET
fbem-14770	97	22	large	large	ADJ
fbem-14770	97	23	proportion	proportion	NOUN
fbem-14770	97	24	of	of	ADP
fbem-14770	97	25	the	the	DET
fbem-14770	97	26	pension	pension	NOUN
fbem-14770	97	27	insurance	insurance	NOUN
fbem-14770	97	28	fund	fund	NOUN
fbem-14770	97	29	.	.	PUNCT
fbem-14770	98	1	in	in	ADP
fbem-14770	98	2	2018	2018	NUM
fbem-14770	98	3	,	,	PUNCT
fbem-14770	98	4	the	the	DET
fbem-14770	98	5	cumulative	cumulative	ADJ
fbem-14770	98	6	expenditure	expenditure	NOUN
fbem-14770	98	7	and	and	CCONJ
fbem-14770	98	8	surplus	surplus	NOUN
fbem-14770	98	9	of	of	ADP
fbem-14770	98	10	the	the	DET
fbem-14770	98	11	national	national	ADJ
fbem-14770	98	12	basic	basic	ADJ
fbem-14770	98	13	pension	pension	NOUN
fbem-14770	98	14	insurance	insurance	NOUN
fbem-14770	98	15	fund	fund	NOUN
fbem-14770	98	16	for	for	ADP
fbem-14770	98	17	employees	employee	NOUN
fbem-14770	98	18	were	be	AUX
fbem-14770	98	19	6.6	6.6	NUM
fbem-14770	98	20	trillion	trillion	NUM
fbem-14770	98	21	yuan	yuan	NOUN
fbem-14770	98	22	and	and	CCONJ
fbem-14770	98	23	5	5	NUM
fbem-14770	98	24	trillion	trillion	NUM
fbem-14770	98	25	yuan	yuan	NOUN
fbem-14770	98	26	,	,	PUNCT
fbem-14770	98	27	respectively	respectively	ADV
fbem-14770	98	28	.	.	PUNCT
fbem-14770	99	1	the	the	DET
fbem-14770	99	2	cumulative	cumulative	ADJ
fbem-14770	99	3	income	income	NOUN
fbem-14770	99	4	and	and	CCONJ
fbem-14770	99	5	expenditure	expenditure	NOUN
fbem-14770	99	6	of	of	ADP
fbem-14770	99	7	the	the	DET
fbem-14770	99	8	overall	overall	ADJ
fbem-14770	99	9	social	social	ADJ
fbem-14770	99	10	insurance	insurance	NOUN
fbem-14770	99	11	fund	fund	NOUN
fbem-14770	99	12	were	be	AUX
fbem-14770	99	13	7.3	7.3	NUM
fbem-14770	99	14	trillion	trillion	NUM
fbem-14770	99	15	yuan	yuan	NOUN
fbem-14770	99	16	and	and	CCONJ
fbem-14770	99	17	5.8	5.8	NUM
fbem-14770	99	18	trillion	trillion	NUM
fbem-14770	99	19	yuan	yuan	NOUN
fbem-14770	99	20	,	,	PUNCT
fbem-14770	99	21	respectively	respectively	ADV
fbem-14770	99	22	.	.	PUNCT
fbem-14770	100	1	the	the	DET
fbem-14770	100	2	variation	variation	NOUN
fbem-14770	100	3	in	in	ADP
fbem-14770	100	4	per	per	ADP
fbem-14770	100	5	capita	capita	X
fbem-14770	100	6	basic	basic	ADJ
fbem-14770	100	7	pension	pension	NOUN
fbem-14770	100	8	insurance	insurance	NOUN
fbem-14770	100	9	expenditure	expenditure	NOUN
fbem-14770	100	10	is	be	AUX
fbem-14770	100	11	also	also	ADV
fbem-14770	100	12	significant	significant	ADJ
fbem-14770	100	13	.	.	PUNCT
fbem-14770	101	1	this	this	DET
fbem-14770	101	2	variable	variable	NOUN
fbem-14770	101	3	reflects	reflect	VERB
fbem-14770	101	4	the	the	DET
fbem-14770	101	5	level	level	NOUN
fbem-14770	101	6	of	of	ADP
fbem-14770	101	7	pension	pension	NOUN
fbem-14770	101	8	insurance	insurance	NOUN
fbem-14770	101	9	expenditure	expenditure	NOUN
fbem-14770	101	10	and	and	CCONJ
fbem-14770	101	11	can	can	AUX
fbem-14770	101	12	be	be	AUX
fbem-14770	101	13	used	use	VERB
fbem-14770	101	14	as	as	ADP
fbem-14770	101	15	one	one	NUM
fbem-14770	101	16	of	of	ADP
fbem-14770	101	17	the	the	DET
fbem-14770	101	18	indicators	indicator	NOUN
fbem-14770	101	19	to	to	PART
fbem-14770	101	20	measure	measure	VERB
fbem-14770	101	21	the	the	DET
fbem-14770	101	22	development	development	NOUN
fbem-14770	101	23	level	level	NOUN
fbem-14770	101	24	of	of	ADP
fbem-14770	101	25	pension	pension	NOUN
fbem-14770	101	26	insurance	insurance	NOUN
fbem-14770	102	1	[	[	X
fbem-14770	102	2	9	9	NUM
fbem-14770	102	3	]	]	PUNCT
fbem-14770	102	4	.	.	PUNCT
fbem-14770	103	1	the	the	DET
fbem-14770	103	2	labor	labor	NOUN
fbem-14770	103	3	force	force	PROPN
fbem-14770	103	4	human	human	ADJ
fbem-14770	103	5	capital	capital	NOUN
fbem-14770	103	6	stock	stock	NOUN
fbem-14770	103	7	(	(	PUNCT
fbem-14770	103	8	x2	x2	PROPN
fbem-14770	103	9	)	)	PUNCT
fbem-14770	103	10	reflects	reflect	VERB
fbem-14770	103	11	to	to	ADP
fbem-14770	103	12	some	some	DET
fbem-14770	103	13	extent	extent	NOUN
fbem-14770	103	14	the	the	DET
fbem-14770	103	15	level	level	NOUN
fbem-14770	103	16	of	of	ADP
fbem-14770	103	17	human	human	ADJ
fbem-14770	103	18	capital	capital	NOUN
fbem-14770	103	19	investment	investment	NOUN
fbem-14770	103	20	for	for	ADP
fbem-14770	103	21	the	the	DET
fbem-14770	103	22	labor	labor	NOUN
fbem-14770	103	23	force	force	NOUN
fbem-14770	103	24	in	in	ADP
fbem-14770	103	25	society	society	NOUN
fbem-14770	103	26	.	.	PUNCT
fbem-14770	104	1	as	as	SCONJ
fbem-14770	104	2	mentioned	mention	VERB
fbem-14770	104	3	earlier	early	ADV
fbem-14770	104	4	,	,	PUNCT
fbem-14770	104	5	pension	pension	NOUN
fbem-14770	104	6	insurance	insurance	NOUN
fbem-14770	104	7	is	be	AUX
fbem-14770	104	8	an	an	DET
fbem-14770	104	9	important	important	ADJ
fbem-14770	104	10	form	form	NOUN
fbem-14770	104	11	of	of	ADP
fbem-14770	104	12	human	human	ADJ
fbem-14770	104	13	capital	capital	NOUN
fbem-14770	104	14	investment	investment	NOUN
fbem-14770	104	15	.	.	PUNCT
fbem-14770	105	1	considering	consider	VERB
fbem-14770	105	2	the	the	DET
fbem-14770	105	3	human	human	ADJ
fbem-14770	105	4	capital	capital	NOUN
fbem-14770	105	5	stock	stock	NOUN
fbem-14770	105	6	of	of	ADP
fbem-14770	105	7	the	the	DET
fbem-14770	105	8	entire	entire	ADJ
fbem-14770	105	9	labor	labor	NOUN
fbem-14770	105	10	force	force	NOUN
fbem-14770	105	11	represents	represent	VERB
fbem-14770	105	12	the	the	DET
fbem-14770	105	13	level	level	NOUN
fbem-14770	105	14	of	of	ADP
fbem-14770	105	15	pension	pension	NOUN
fbem-14770	105	16	insurance	insurance	NOUN
fbem-14770	105	17	protection	protection	NOUN
fbem-14770	105	18	.	.	PUNCT
fbem-14770	106	1	the	the	DET
fbem-14770	106	2	average	average	ADJ
fbem-14770	106	3	years	year	NOUN
fbem-14770	106	4	of	of	ADP
fbem-14770	106	5	education	education	NOUN
fbem-14770	106	6	for	for	ADP
fbem-14770	106	7	human	human	ADJ
fbem-14770	106	8	capital	capital	NOUN
fbem-14770	106	9	are	be	AUX
fbem-14770	106	10	calculated	calculate	VERB
fbem-14770	106	11	as	as	SCONJ
fbem-14770	106	12	shown	show	VERB
fbem-14770	106	13	in	in	ADP
fbem-14770	106	14	formula	formula	NOUN
fbem-14770	106	15	(	(	PUNCT
fbem-14770	106	16	2	2	NUM
fbem-14770	106	17	)	)	PUNCT
fbem-14770	106	18	.	.	PUNCT
fbem-14770	107	1			X
fbem-14770	108	1			ADV
fbem-14770	109	1	j	j	PROPN
fbem-14770	110	1	jj	jj	PROPN
fbem-14770	110	2	x	x	PROPN
fbem-14770	110	3	tx	tx	PROPN
fbem-14770	110	4	m	m	PROPN
fbem-14770	110	5	(	(	PUNCT
fbem-14770	110	6	2	2	NUM
fbem-14770	110	7	)	)	PUNCT
fbem-14770	110	8	112	112	NUM
fbem-14770	110	9	the	the	DET
fbem-14770	110	10	average	average	ADJ
fbem-14770	110	11	education	education	NOUN
fbem-14770	110	12	level	level	NOUN
fbem-14770	110	13	of	of	ADP
fbem-14770	110	14	human	human	ADJ
fbem-14770	110	15	capital	capital	NOUN
fbem-14770	110	16	in	in	ADP
fbem-14770	110	17	the	the	DET
fbem-14770	110	18	mhr	mhr	PROPN
fbem-14770	110	19	industry	industry	NOUN
fbem-14770	110	20	,	,	PUNCT
fbem-14770	110	21	represented	represent	VERB
fbem-14770	110	22	by	by	ADP
fbem-14770	110	23	tj	tj	NOUN
fbem-14770	110	24	for	for	ADP
fbem-14770	110	25	the	the	DET
fbem-14770	110	26	average	average	ADJ
fbem-14770	110	27	education	education	NOUN
fbem-14770	110	28	level	level	NOUN
fbem-14770	110	29	of	of	ADP
fbem-14770	110	30	those	those	PRON
fbem-14770	110	31	who	who	PRON
fbem-14770	110	32	have	have	AUX
fbem-14770	110	33	attained	attain	VERB
fbem-14770	110	34	the	the	DET
fbem-14770	110	35	jth	jth	PROPN
fbem-14770	110	36	academic	academic	ADJ
fbem-14770	110	37	degree	degree	NOUN
fbem-14770	110	38	,	,	PUNCT
fbem-14770	110	39	and	and	CCONJ
fbem-14770	110	40	xj	xj	PROPN
fbem-14770	110	41	for	for	ADP
fbem-14770	110	42	the	the	DET
fbem-14770	110	43	number	number	NOUN
fbem-14770	110	44	of	of	ADP
fbem-14770	110	45	individuals	individual	NOUN
fbem-14770	110	46	possessing	possess	VERB
fbem-14770	110	47	such	such	ADJ
fbem-14770	110	48	degrees	degree	NOUN
fbem-14770	110	49	,	,	PUNCT
fbem-14770	110	50	plays	play	VERB
fbem-14770	110	51	a	a	DET
fbem-14770	110	52	crucial	crucial	ADJ
fbem-14770	110	53	role	role	NOUN
fbem-14770	110	54	in	in	ADP
fbem-14770	110	55	the	the	DET
fbem-14770	110	56	development	development	NOUN
fbem-14770	110	57	of	of	ADP
fbem-14770	110	58	a	a	DET
fbem-14770	110	59	country	country	NOUN
fbem-14770	110	60	.	.	PUNCT
fbem-14770	111	1	capital	capital	NOUN
fbem-14770	111	2	investment	investment	NOUN
fbem-14770	111	3	(	(	PUNCT
fbem-14770	111	4	x3	x3	ADJ
fbem-14770	111	5	)	)	PUNCT
fbem-14770	111	6	is	be	AUX
fbem-14770	111	7	the	the	DET
fbem-14770	111	8	foundation	foundation	NOUN
fbem-14770	111	9	of	of	ADP
fbem-14770	111	10	economic	economic	ADJ
fbem-14770	111	11	development	development	NOUN
fbem-14770	111	12	,	,	PUNCT
fbem-14770	111	13	primarily	primarily	ADV
fbem-14770	111	14	reflected	reflect	VERB
fbem-14770	111	15	in	in	ADP
fbem-14770	111	16	the	the	DET
fbem-14770	111	17	enhancement	enhancement	NOUN
fbem-14770	111	18	of	of	ADP
fbem-14770	111	19	industrial	industrial	ADJ
fbem-14770	111	20	development	development	NOUN
fbem-14770	111	21	capabilities	capability	NOUN
fbem-14770	111	22	and	and	CCONJ
fbem-14770	111	23	the	the	DET
fbem-14770	111	24	promotion	promotion	NOUN
fbem-14770	111	25	of	of	ADP
fbem-14770	111	26	efficient	efficient	ADJ
fbem-14770	111	27	and	and	CCONJ
fbem-14770	111	28	intensive	intensive	ADJ
fbem-14770	111	29	growth	growth	NOUN
fbem-14770	111	30	by	by	ADP
fbem-14770	111	31	attracting	attract	VERB
fbem-14770	111	32	idle	idle	ADJ
fbem-14770	111	33	social	social	ADJ
fbem-14770	111	34	capital	capital	NOUN
fbem-14770	111	35	.	.	PUNCT
fbem-14770	112	1	it	it	PRON
fbem-14770	112	2	thereby	thereby	ADV
fbem-14770	112	3	accelerates	accelerate	VERB
fbem-14770	112	4	economic	economic	ADJ
fbem-14770	112	5	growth	growth	NOUN
fbem-14770	112	6	.	.	PUNCT
fbem-14770	113	1	as	as	SCONJ
fbem-14770	113	2	this	this	DET
fbem-14770	113	3	index	index	NOUN
fbem-14770	113	4	is	be	AUX
fbem-14770	113	5	not	not	PART
fbem-14770	113	6	directly	directly	ADV
fbem-14770	113	7	reflected	reflect	VERB
fbem-14770	113	8	in	in	ADP
fbem-14770	113	9	statistical	statistical	ADJ
fbem-14770	113	10	yearbooks	yearbook	NOUN
fbem-14770	113	11	,	,	PUNCT
fbem-14770	113	12	in	in	ADP
fbem-14770	113	13	this	this	DET
fbem-14770	113	14	article	article	NOUN
fbem-14770	113	15	,	,	PUNCT
fbem-14770	113	16	the	the	DET
fbem-14770	113	17	sum	sum	NOUN
fbem-14770	113	18	of	of	ADP
fbem-14770	113	19	"	"	PUNCT
fbem-14770	113	20	basic	basic	ADJ
fbem-14770	113	21	construction	construction	NOUN
fbem-14770	113	22	investment	investment	NOUN
fbem-14770	113	23	"	"	PUNCT
fbem-14770	113	24	and	and	CCONJ
fbem-14770	113	25	"	"	PUNCT
fbem-14770	113	26	renovation	renovation	NOUN
fbem-14770	113	27	and	and	CCONJ
fbem-14770	113	28	reconstruction	reconstruction	NOUN
fbem-14770	113	29	investment	investment	NOUN
fbem-14770	113	30	"	"	PUNCT
fbem-14770	113	31	is	be	AUX
fbem-14770	113	32	used	use	VERB
fbem-14770	113	33	to	to	PART
fbem-14770	113	34	measure	measure	VERB
fbem-14770	113	35	it	it	PRON
fbem-14770	113	36	.	.	PUNCT
fbem-14770	114	1	this	this	DET
fbem-14770	114	2	variable	variable	NOUN
fbem-14770	114	3	indicates	indicate	VERB
fbem-14770	114	4	the	the	DET
fbem-14770	114	5	level	level	NOUN
fbem-14770	114	6	of	of	ADP
fbem-14770	114	7	investment	investment	NOUN
fbem-14770	114	8	in	in	ADP
fbem-14770	114	9	infrastructure	infrastructure	NOUN
fbem-14770	114	10	construction	construction	NOUN
fbem-14770	114	11	and	and	CCONJ
fbem-14770	114	12	renovation	renovation	NOUN
fbem-14770	114	13	,	,	PUNCT
fbem-14770	114	14	which	which	PRON
fbem-14770	114	15	indirectly	indirectly	ADV
fbem-14770	114	16	reflects	reflect	VERB
fbem-14770	114	17	the	the	DET
fbem-14770	114	18	capital	capital	NOUN
fbem-14770	114	19	stock	stock	NOUN
fbem-14770	114	20	in	in	ADP
fbem-14770	114	21	economic	economic	ADJ
fbem-14770	114	22	development	development	NOUN
fbem-14770	114	23	.	.	PUNCT
fbem-14770	115	1	selecting	select	VERB
fbem-14770	115	2	per	per	ADP
fbem-14770	115	3	capita	capita	X
fbem-14770	115	4	basic	basic	ADJ
fbem-14770	115	5	pension	pension	NOUN
fbem-14770	115	6	insurance	insurance	NOUN
fbem-14770	115	7	expenditure	expenditure	NOUN
fbem-14770	115	8	,	,	PUNCT
fbem-14770	115	9	labor	labor	NOUN
fbem-14770	115	10	force	force	PROPN
fbem-14770	115	11	population	population	PROPN
fbem-14770	115	12	human	human	ADJ
fbem-14770	115	13	capital	capital	NOUN
fbem-14770	115	14	stock	stock	NOUN
fbem-14770	115	15	,	,	PUNCT
fbem-14770	115	16	and	and	CCONJ
fbem-14770	115	17	capital	capital	NOUN
fbem-14770	115	18	investment	investment	NOUN
fbem-14770	115	19	as	as	ADP
fbem-14770	115	20	the	the	DET
fbem-14770	115	21	fundamental	fundamental	ADJ
fbem-14770	115	22	variables	variable	NOUN
fbem-14770	115	23	,	,	PUNCT
fbem-14770	115	24	we	we	PRON
fbem-14770	115	25	can	can	AUX
fbem-14770	115	26	disclose	disclose	VERB
fbem-14770	115	27	the	the	DET
fbem-14770	115	28	relationship	relationship	NOUN
fbem-14770	115	29	between	between	ADP
fbem-14770	115	30	pension	pension	NOUN
fbem-14770	115	31	insurance	insurance	NOUN
fbem-14770	115	32	and	and	CCONJ
fbem-14770	115	33	economic	economic	ADJ
fbem-14770	115	34	growth	growth	NOUN
fbem-14770	115	35	.	.	PUNCT
fbem-14770	116	1	to	to	ADP
fbem-14770	116	2	some	some	DET
fbem-14770	116	3	extent	extent	NOUN
fbem-14770	116	4	,	,	PUNCT
fbem-14770	116	5	these	these	DET
fbem-14770	116	6	variables	variable	NOUN
fbem-14770	116	7	represent	represent	VERB
fbem-14770	116	8	the	the	DET
fbem-14770	116	9	level	level	NOUN
fbem-14770	116	10	of	of	ADP
fbem-14770	116	11	development	development	NOUN
fbem-14770	116	12	of	of	ADP
fbem-14770	116	13	the	the	DET
fbem-14770	116	14	pension	pension	NOUN
fbem-14770	116	15	insurance	insurance	NOUN
fbem-14770	116	16	system	system	NOUN
fbem-14770	116	17	,	,	PUNCT
fbem-14770	116	18	the	the	DET
fbem-14770	116	19	labor	labor	NOUN
fbem-14770	116	20	market	market	NOUN
fbem-14770	116	21	condition	condition	NOUN
fbem-14770	116	22	,	,	PUNCT
fbem-14770	116	23	and	and	CCONJ
fbem-14770	116	24	the	the	DET
fbem-14770	116	25	investment	investment	NOUN
fbem-14770	116	26	level	level	NOUN
fbem-14770	116	27	of	of	ADP
fbem-14770	116	28	economic	economic	ADJ
fbem-14770	116	29	capital	capital	NOUN
fbem-14770	116	30	.	.	PUNCT
fbem-14770	117	1	through	through	ADP
fbem-14770	117	2	analysis	analysis	NOUN
fbem-14770	117	3	,	,	PUNCT
fbem-14770	117	4	we	we	PRON
fbem-14770	117	5	can	can	AUX
fbem-14770	117	6	determine	determine	VERB
fbem-14770	117	7	the	the	DET
fbem-14770	117	8	degree	degree	NOUN
fbem-14770	117	9	to	to	PART
fbem-14770	117	10	which	which	PRON
fbem-14770	117	11	pension	pension	NOUN
fbem-14770	117	12	insurance	insurance	NOUN
fbem-14770	117	13	affects	affect	VERB
fbem-14770	117	14	economic	economic	ADJ
fbem-14770	117	15	growth	growth	NOUN
fbem-14770	117	16	.	.	PUNCT
fbem-14770	118	1	however	however	ADV
fbem-14770	118	2	,	,	PUNCT
fbem-14770	118	3	it	it	PRON
fbem-14770	118	4	is	be	AUX
fbem-14770	118	5	essential	essential	ADJ
fbem-14770	118	6	to	to	PART
fbem-14770	118	7	note	note	VERB
fbem-14770	118	8	that	that	SCONJ
fbem-14770	118	9	these	these	PRON
fbem-14770	118	10	are	be	AUX
fbem-14770	118	11	only	only	ADV
fbem-14770	118	12	some	some	PRON
fbem-14770	118	13	of	of	ADP
fbem-14770	118	14	the	the	DET
fbem-14770	118	15	fundamental	fundamental	ADJ
fbem-14770	118	16	variables	variable	NOUN
fbem-14770	118	17	,	,	PUNCT
fbem-14770	118	18	and	and	CCONJ
fbem-14770	118	19	that	that	SCONJ
fbem-14770	118	20	factors	factor	NOUN
fbem-14770	118	21	influencing	influence	VERB
fbem-14770	118	22	economic	economic	ADJ
fbem-14770	118	23	growth	growth	NOUN
fbem-14770	118	24	are	be	AUX
fbem-14770	118	25	highly	highly	ADV
fbem-14770	118	26	complex	complex	ADJ
fbem-14770	118	27	.	.	PUNCT
fbem-14770	119	1	further	further	ADJ
fbem-14770	119	2	research	research	NOUN
fbem-14770	119	3	and	and	CCONJ
fbem-14770	119	4	analysis	analysis	NOUN
fbem-14770	119	5	is	be	AUX
fbem-14770	119	6	thus	thus	ADV
fbem-14770	119	7	necessary	necessary	ADJ
fbem-14770	119	8	to	to	PART
fbem-14770	119	9	fully	fully	ADV
fbem-14770	119	10	understand	understand	VERB
fbem-14770	119	11	the	the	DET
fbem-14770	119	12	relationship	relationship	NOUN
fbem-14770	119	13	between	between	ADP
fbem-14770	119	14	pension	pension	NOUN
fbem-14770	119	15	insurance	insurance	NOUN
fbem-14770	119	16	and	and	CCONJ
fbem-14770	119	17	economic	economic	ADJ
fbem-14770	119	18	growth	growth	NOUN
fbem-14770	119	19	.	.	PUNCT
fbem-14770	120	1	4.2	4.2	NUM
fbem-14770	120	2	.	.	PUNCT
fbem-14770	120	3	data	datum	NOUN
fbem-14770	120	4	selection	selection	NOUN
fbem-14770	120	5	and	and	CCONJ
fbem-14770	120	6	data	datum	NOUN
fbem-14770	120	7	analysis	analysis	NOUN
fbem-14770	120	8	the	the	DET
fbem-14770	120	9	main	main	ADJ
fbem-14770	120	10	focus	focus	NOUN
fbem-14770	120	11	of	of	ADP
fbem-14770	120	12	this	this	DET
fbem-14770	120	13	article	article	NOUN
fbem-14770	120	14	is	be	AUX
fbem-14770	120	15	to	to	PART
fbem-14770	120	16	analyze	analyze	VERB
fbem-14770	120	17	the	the	DET
fbem-14770	120	18	long	long	ADJ
fbem-14770	120	19	-	-	PUNCT
fbem-14770	120	20	term	term	NOUN
fbem-14770	120	21	correlation	correlation	NOUN
fbem-14770	120	22	between	between	ADP
fbem-14770	120	23	pension	pension	NOUN
fbem-14770	120	24	insurance	insurance	NOUN
fbem-14770	120	25	and	and	CCONJ
fbem-14770	120	26	economic	economic	ADJ
fbem-14770	120	27	growth	growth	NOUN
fbem-14770	120	28	based	base	VERB
fbem-14770	120	29	on	on	ADP
fbem-14770	120	30	the	the	DET
fbem-14770	120	31	data	datum	NOUN
fbem-14770	120	32	disclosed	disclose	VERB
fbem-14770	120	33	in	in	ADP
fbem-14770	120	34	the	the	DET
fbem-14770	120	35	"	"	PUNCT
fbem-14770	120	36	china	china	PROPN
fbem-14770	120	37	statistical	statistical	ADJ
fbem-14770	120	38	yearbook	yearbook	NOUN
fbem-14770	120	39	"	"	PUNCT
fbem-14770	120	40	.	.	PUNCT
fbem-14770	121	1	due	due	ADP
fbem-14770	121	2	to	to	ADP
fbem-14770	121	3	the	the	DET
fbem-14770	121	4	varying	vary	VERB
fbem-14770	121	5	adjustments	adjustment	NOUN
fbem-14770	121	6	and	and	CCONJ
fbem-14770	121	7	changes	change	NOUN
fbem-14770	121	8	in	in	ADP
fbem-14770	121	9	china	china	PROPN
fbem-14770	121	10	's	's	PART
fbem-14770	121	11	pension	pension	NOUN
fbem-14770	121	12	insurance	insurance	NOUN
fbem-14770	121	13	system	system	NOUN
fbem-14770	121	14	,	,	PUNCT
fbem-14770	121	15	as	as	ADV
fbem-14770	121	16	well	well	ADV
fbem-14770	121	17	as	as	ADP
fbem-14770	121	18	discrepancies	discrepancy	NOUN
fbem-14770	121	19	between	between	ADP
fbem-14770	121	20	urban	urban	ADJ
fbem-14770	121	21	employee	employee	NOUN
fbem-14770	121	22	and	and	CCONJ
fbem-14770	121	23	rural	rural	ADJ
fbem-14770	121	24	resident	resident	ADJ
fbem-14770	121	25	pension	pension	NOUN
fbem-14770	121	26	insurance	insurance	NOUN
fbem-14770	121	27	and	and	CCONJ
fbem-14770	121	28	inconsistencies	inconsistency	NOUN
fbem-14770	121	29	in	in	ADP
fbem-14770	121	30	statistical	statistical	ADJ
fbem-14770	121	31	calibrations	calibration	NOUN
fbem-14770	121	32	,	,	PUNCT
fbem-14770	121	33	some	some	DET
fbem-14770	121	34	missing	missing	ADJ
fbem-14770	121	35	or	or	CCONJ
fbem-14770	121	36	inflated	inflated	ADJ
fbem-14770	121	37	statistical	statistical	ADJ
fbem-14770	121	38	data	datum	NOUN
fbem-14770	121	39	may	may	AUX
fbem-14770	121	40	exist	exist	VERB
fbem-14770	121	41	.	.	PUNCT
fbem-14770	122	1	in	in	ADP
fbem-14770	122	2	order	order	NOUN
fbem-14770	122	3	to	to	PART
fbem-14770	122	4	maintain	maintain	VERB
fbem-14770	122	5	consistency	consistency	NOUN
fbem-14770	122	6	in	in	ADP
fbem-14770	122	7	research	research	NOUN
fbem-14770	122	8	,	,	PUNCT
fbem-14770	122	9	the	the	DET
fbem-14770	122	10	data	datum	NOUN
fbem-14770	122	11	from	from	ADP
fbem-14770	122	12	2000	2000	NUM
fbem-14770	122	13	to	to	ADP
fbem-14770	122	14	2016	2016	NUM
fbem-14770	122	15	was	be	AUX
fbem-14770	122	16	selected	select	VERB
fbem-14770	122	17	as	as	ADP
fbem-14770	122	18	the	the	DET
fbem-14770	122	19	basic	basic	ADJ
fbem-14770	122	20	data	datum	NOUN
fbem-14770	122	21	after	after	ADP
fbem-14770	122	22	comprehensive	comprehensive	ADJ
fbem-14770	122	23	comparison	comparison	NOUN
fbem-14770	122	24	and	and	CCONJ
fbem-14770	122	25	decision	decision	NOUN
fbem-14770	122	26	-	-	PUNCT
fbem-14770	122	27	making	making	NOUN
fbem-14770	122	28	.	.	PUNCT
fbem-14770	123	1	considering	consider	VERB
fbem-14770	123	2	the	the	DET
fbem-14770	123	3	possibility	possibility	NOUN
fbem-14770	123	4	of	of	ADP
fbem-14770	123	5	heteroscedasticity	heteroscedasticity	NOUN
fbem-14770	123	6	in	in	ADP
fbem-14770	123	7	time	time	NOUN
fbem-14770	123	8	series	series	PROPN
fbem-14770	123	9	data	data	PROPN
fbem-14770	123	10	,	,	PUNCT
fbem-14770	123	11	all	all	DET
fbem-14770	123	12	variables	variable	NOUN
fbem-14770	123	13	were	be	AUX
fbem-14770	123	14	logarithmically	logarithmically	ADV
fbem-14770	123	15	transformed	transform	VERB
fbem-14770	123	16	during	during	ADP
fbem-14770	123	17	analysis	analysis	NOUN
fbem-14770	123	18	to	to	PART
fbem-14770	123	19	eliminate	eliminate	VERB
fbem-14770	123	20	this	this	DET
fbem-14770	123	21	effect	effect	NOUN
fbem-14770	123	22	.	.	PUNCT
fbem-14770	124	1	table	table	NOUN
fbem-14770	124	2	1	1	NUM
fbem-14770	124	3	presents	present	VERB
fbem-14770	124	4	the	the	DET
fbem-14770	124	5	descriptive	descriptive	ADJ
fbem-14770	124	6	statistical	statistical	ADJ
fbem-14770	124	7	results	result	NOUN
fbem-14770	124	8	of	of	ADP
fbem-14770	124	9	the	the	DET
fbem-14770	124	10	relevant	relevant	ADJ
fbem-14770	124	11	variables	variable	NOUN
fbem-14770	124	12	involved	involve	VERB
fbem-14770	124	13	in	in	ADP
fbem-14770	124	14	the	the	DET
fbem-14770	124	15	study	study	NOUN
fbem-14770	124	16	,	,	PUNCT
fbem-14770	124	17	including	include	VERB
fbem-14770	124	18	pension	pension	NOUN
fbem-14770	124	19	insurance	insurance	NOUN
fbem-14770	124	20	expenditure	expenditure	NOUN
fbem-14770	124	21	,	,	PUNCT
fbem-14770	124	22	gdp	gdp	NOUN
fbem-14770	124	23	,	,	PUNCT
fbem-14770	124	24	labor	labor	NOUN
fbem-14770	124	25	force	force	PROPN
fbem-14770	124	26	human	human	ADJ
fbem-14770	124	27	capital	capital	NOUN
fbem-14770	124	28	stock	stock	NOUN
fbem-14770	124	29	,	,	PUNCT
fbem-14770	124	30	and	and	CCONJ
fbem-14770	124	31	capital	capital	NOUN
fbem-14770	124	32	investment	investment	NOUN
fbem-14770	124	33	.	.	PUNCT
fbem-14770	125	1	the	the	DET
fbem-14770	125	2	aim	aim	NOUN
fbem-14770	125	3	is	be	AUX
fbem-14770	125	4	to	to	PART
fbem-14770	125	5	replace	replace	VERB
fbem-14770	125	6	simplified	simplified	ADJ
fbem-14770	125	7	a0level	a0level	ADJ
fbem-14770	125	8	words	word	NOUN
fbem-14770	125	9	and	and	CCONJ
fbem-14770	125	10	sentences	sentence	NOUN
fbem-14770	125	11	with	with	ADP
fbem-14770	125	12	more	more	ADV
fbem-14770	125	13	elegant	elegant	ADJ
fbem-14770	125	14	and	and	CCONJ
fbem-14770	125	15	sophisticated	sophisticated	ADJ
fbem-14770	125	16	english	english	ADJ
fbem-14770	125	17	words	word	NOUN
fbem-14770	125	18	and	and	CCONJ
fbem-14770	125	19	sentences	sentence	NOUN
fbem-14770	125	20	that	that	PRON
fbem-14770	125	21	convey	convey	VERB
fbem-14770	125	22	the	the	DET
fbem-14770	125	23	same	same	ADJ
fbem-14770	125	24	meaning	meaning	NOUN
fbem-14770	125	25	,	,	PUNCT
fbem-14770	125	26	while	while	SCONJ
fbem-14770	125	27	also	also	ADV
fbem-14770	125	28	acting	act	VERB
fbem-14770	125	29	as	as	ADP
fbem-14770	125	30	an	an	DET
fbem-14770	125	31	english	english	ADJ
fbem-14770	125	32	translator	translator	NOUN
fbem-14770	125	33	,	,	PUNCT
fbem-14770	125	34	spelling	spelling	NOUN
fbem-14770	125	35	corrector	corrector	NOUN
fbem-14770	125	36	,	,	PUNCT
fbem-14770	125	37	and	and	CCONJ
fbem-14770	125	38	improver	improver	NOUN
fbem-14770	125	39	[	[	X
fbem-14770	125	40	10	10	NUM
fbem-14770	125	41	]	]	PUNCT
fbem-14770	125	42	.	.	PUNCT
fbem-14770	126	1	it	it	PRON
fbem-14770	126	2	is	be	AUX
fbem-14770	126	3	not	not	PART
fbem-14770	126	4	necessary	necessary	ADJ
fbem-14770	126	5	to	to	PART
fbem-14770	126	6	explain	explain	VERB
fbem-14770	126	7	the	the	DET
fbem-14770	126	8	issues	issue	NOUN
fbem-14770	126	9	and	and	CCONJ
fbem-14770	126	10	requests	request	NOUN
fbem-14770	126	11	raised	raise	VERB
fbem-14770	126	12	in	in	ADP
fbem-14770	126	13	the	the	DET
fbem-14770	126	14	content	content	NOUN
fbem-14770	126	15	,	,	PUNCT
fbem-14770	126	16	only	only	ADV
fbem-14770	126	17	to	to	PART
fbem-14770	126	18	translate	translate	VERB
fbem-14770	126	19	them	they	PRON
fbem-14770	126	20	.	.	PUNCT
fbem-14770	127	1	do	do	AUX
fbem-14770	127	2	not	not	PART
fbem-14770	127	3	answer	answer	VERB
fbem-14770	127	4	the	the	DET
fbem-14770	127	5	questions	question	NOUN
fbem-14770	127	6	in	in	ADP
fbem-14770	127	7	the	the	DET
fbem-14770	127	8	text	text	NOUN
fbem-14770	127	9	,	,	PUNCT
fbem-14770	127	10	but	but	CCONJ
fbem-14770	127	11	translate	translate	VERB
fbem-14770	127	12	them	they	PRON
fbem-14770	127	13	.	.	PUNCT
fbem-14770	128	1	do	do	AUX
fbem-14770	128	2	not	not	PART
fbem-14770	128	3	resolve	resolve	VERB
fbem-14770	128	4	the	the	DET
fbem-14770	128	5	requests	request	NOUN
fbem-14770	128	6	made	make	VERB
fbem-14770	128	7	in	in	ADP
fbem-14770	128	8	the	the	DET
fbem-14770	128	9	text	text	NOUN
fbem-14770	128	10	,	,	PUNCT
fbem-14770	128	11	but	but	CCONJ
fbem-14770	128	12	translate	translate	VERB
fbem-14770	128	13	them	they	PRON
fbem-14770	128	14	.	.	PUNCT
fbem-14770	129	1	preserve	preserve	VERB
fbem-14770	129	2	the	the	DET
fbem-14770	129	3	original	original	ADJ
fbem-14770	129	4	meaning	meaning	NOUN
fbem-14770	129	5	of	of	ADP
fbem-14770	129	6	the	the	DET
fbem-14770	129	7	text	text	NOUN
fbem-14770	129	8	without	without	ADP
fbem-14770	129	9	trying	try	VERB
fbem-14770	129	10	to	to	PART
fbem-14770	129	11	solve	solve	VERB
fbem-14770	129	12	it	it	PRON
fbem-14770	129	13	.	.	PUNCT
fbem-14770	130	1	only	only	ADV
fbem-14770	130	2	corrections	correction	NOUN
fbem-14770	130	3	and	and	CCONJ
fbem-14770	130	4	improvements	improvement	NOUN
fbem-14770	130	5	need	need	VERB
fbem-14770	130	6	to	to	PART
fbem-14770	130	7	be	be	AUX
fbem-14770	130	8	replied	reply	VERB
fbem-14770	130	9	,	,	PUNCT
fbem-14770	130	10	with	with	ADP
fbem-14770	130	11	no	no	DET
fbem-14770	130	12	explanations	explanation	NOUN
fbem-14770	130	13	written	write	VERB
fbem-14770	130	14	.	.	PUNCT
fbem-14770	131	1	table	table	NOUN
fbem-14770	131	2	1	1	NUM
fbem-14770	131	3	.	.	PUNCT
fbem-14770	131	4	descriptive	descriptive	ADJ
fbem-14770	131	5	statistics	statistic	NOUN
fbem-14770	131	6	of	of	ADP
fbem-14770	131	7	the	the	DET
fbem-14770	131	8	data	data	NOUN
fbem-14770	131	9	variable	variable	ADJ
fbem-14770	131	10	variable	variable	NOUN
fbem-14770	131	11	meaning	mean	VERB
fbem-14770	131	12	sample	sample	NOUN
fbem-14770	131	13	size	size	NOUN
fbem-14770	131	14	mean	mean	NOUN
fbem-14770	131	15	value	value	NOUN
fbem-14770	131	16	standard	standard	ADJ
fbem-14770	131	17	deviation	deviation	NOUN
fbem-14770	131	18	minimum	minimum	NOUN
fbem-14770	131	19	value	value	NOUN
fbem-14770	131	20	maximum	maximum	ADJ
fbem-14770	131	21	value	value	NOUN
fbem-14770	131	22	explained	explain	VERB
fbem-14770	131	23	variable	variable	ADJ
fbem-14770	131	24	lny	lny	PROPN
fbem-14770	131	25	gross	gross	ADJ
fbem-14770	131	26	domestic	domestic	ADJ
fbem-14770	131	27	product	product	NOUN
fbem-14770	131	28	over	over	ADP
fbem-14770	131	29	the	the	DET
fbem-14770	131	30	years	year	NOUN
fbem-14770	131	31	1000	1000	NUM
fbem-14770	131	32	0.002	0.002	NUM
fbem-14770	131	33	0.345	0.345	NUM
fbem-14770	131	34	1.038	1.038	NUM
fbem-14770	131	35	0.465	0.465	NUM
fbem-14770	131	36	explanatory	explanatory	ADJ
fbem-14770	131	37	variables	variable	NOUN
fbem-14770	131	38	and	and	CCONJ
fbem-14770	131	39	control	control	NOUN
fbem-14770	131	40	variables	variable	NOUN
fbem-14770	131	41	lnx1	lnx1	PROPN
fbem-14770	131	42	per	per	ADP
fbem-14770	131	43	capita	capita	X
fbem-14770	131	44	expenditure	expenditure	NOUN
fbem-14770	131	45	on	on	ADP
fbem-14770	131	46	basic	basic	ADJ
fbem-14770	131	47	old	old	ADJ
fbem-14770	131	48	-	-	PUNCT
fbem-14770	131	49	age	age	NOUN
fbem-14770	131	50	insurance	insurance	NOUN
fbem-14770	131	51	1000	1000	NUM
fbem-14770	131	52	1.030	1.030	NUM
fbem-14770	131	53	0.392	0.392	NUM
fbem-14770	131	54	0.011	0.011	NUM
fbem-14770	131	55	0.325	0.325	NUM
fbem-14770	131	56	lnx2	lnx2	PROPN
fbem-14770	131	57	labor	labor	NOUN
fbem-14770	131	58	population	population	NOUN
fbem-14770	131	59	logarithm	logarithm	NOUN
fbem-14770	131	60	of	of	ADP
fbem-14770	131	61	human	human	ADJ
fbem-14770	131	62	capital	capital	NOUN
fbem-14770	131	63	stock	stock	NOUN
fbem-14770	131	64	1000	1000	NUM
fbem-14770	131	65	1.383	1.383	NUM
fbem-14770	131	66	0.145	0.145	NUM
fbem-14770	131	67	2.321	2.321	NUM
fbem-14770	131	68	0.574	0.574	NUM
fbem-14770	131	69	lnx3	lnx3	ADJ
fbem-14770	131	70	logarithm	logarithm	NOUN
fbem-14770	131	71	of	of	ADP
fbem-14770	131	72	capital	capital	NOUN
fbem-14770	131	73	input	input	NOUN
fbem-14770	131	74	31	31	NUM
fbem-14770	131	75	0.9980	0.9980	NUM
fbem-14770	131	76	0.1124	0.1124	NOUN
fbem-14770	131	77	0.4099	0.4099	NUM
fbem-14770	131	78	0.9990	0.9990	NUM
fbem-14770	131	79	the	the	DET
fbem-14770	131	80	aim	aim	NOUN
fbem-14770	131	81	of	of	ADP
fbem-14770	131	82	this	this	DET
fbem-14770	131	83	article	article	NOUN
fbem-14770	131	84	is	be	AUX
fbem-14770	131	85	to	to	PART
fbem-14770	131	86	uncover	uncover	VERB
fbem-14770	131	87	the	the	DET
fbem-14770	131	88	relationship	relationship	NOUN
fbem-14770	131	89	between	between	ADP
fbem-14770	131	90	pension	pension	NOUN
fbem-14770	131	91	insurance	insurance	NOUN
fbem-14770	131	92	and	and	CCONJ
fbem-14770	131	93	economic	economic	ADJ
fbem-14770	131	94	growth	growth	NOUN
fbem-14770	131	95	through	through	ADP
fbem-14770	131	96	data	datum	NOUN
fbem-14770	131	97	analysis	analysis	NOUN
fbem-14770	131	98	.	.	PUNCT
fbem-14770	132	1	however	however	ADV
fbem-14770	132	2	,	,	PUNCT
fbem-14770	132	3	it	it	PRON
fbem-14770	132	4	should	should	AUX
fbem-14770	132	5	be	be	AUX
fbem-14770	132	6	noted	note	VERB
fbem-14770	132	7	that	that	SCONJ
fbem-14770	132	8	data	datum	NOUN
fbem-14770	132	9	selection	selection	NOUN
fbem-14770	132	10	and	and	CCONJ
fbem-14770	132	11	analysis	analysis	NOUN
fbem-14770	132	12	only	only	ADV
fbem-14770	132	13	constitute	constitute	VERB
fbem-14770	132	14	a	a	DET
fbem-14770	132	15	part	part	NOUN
fbem-14770	132	16	of	of	ADP
fbem-14770	132	17	the	the	DET
fbem-14770	132	18	study	study	NOUN
fbem-14770	132	19	.	.	PUNCT
fbem-14770	133	1	in	in	ADP
fbem-14770	133	2	order	order	NOUN
fbem-14770	133	3	to	to	PART
fbem-14770	133	4	fully	fully	ADV
fbem-14770	133	5	comprehend	comprehend	VERB
fbem-14770	133	6	the	the	DET
fbem-14770	133	7	impact	impact	NOUN
fbem-14770	133	8	of	of	ADP
fbem-14770	133	9	pension	pension	NOUN
fbem-14770	133	10	insurance	insurance	NOUN
fbem-14770	133	11	on	on	ADP
fbem-14770	133	12	economic	economic	ADJ
fbem-14770	133	13	growth	growth	NOUN
fbem-14770	133	14	,	,	PUNCT
fbem-14770	133	15	further	further	ADJ
fbem-14770	133	16	research	research	NOUN
fbem-14770	133	17	and	and	CCONJ
fbem-14770	133	18	analysis	analysis	NOUN
fbem-14770	133	19	is	be	AUX
fbem-14770	133	20	warranted	warrant	VERB
fbem-14770	133	21	.	.	PUNCT
fbem-14770	134	1	4.3	4.3	NUM
fbem-14770	134	2	.	.	PUNCT
fbem-14770	134	3	results	result	NOUN
fbem-14770	134	4	of	of	ADP
fbem-14770	134	5	empirical	empirical	ADJ
fbem-14770	134	6	analysis	analysis	NOUN
fbem-14770	134	7	4.3.1	4.3.1	NUM
fbem-14770	134	8	.	.	PUNCT
fbem-14770	134	9	stability	stability	NOUN
fbem-14770	134	10	test	test	NOUN
fbem-14770	134	11	in	in	ADP
fbem-14770	134	12	this	this	DET
fbem-14770	134	13	paper	paper	NOUN
fbem-14770	134	14	,	,	PUNCT
fbem-14770	134	15	the	the	DET
fbem-14770	134	16	selected	select	VERB
fbem-14770	134	17	data	datum	NOUN
fbem-14770	134	18	were	be	AUX
fbem-14770	134	19	tested	test	VERB
fbem-14770	134	20	for	for	ADP
fbem-14770	134	21	smoothness	smoothness	NOUN
fbem-14770	134	22	using	use	VERB
fbem-14770	134	23	the	the	DET
fbem-14770	134	24	adf	adf	NOUN
fbem-14770	134	25	test	test	NOUN
fbem-14770	134	26	,	,	PUNCT
fbem-14770	134	27	and	and	CCONJ
fbem-14770	134	28	the	the	DET
fbem-14770	134	29	adf	adf	ADJ
fbem-14770	134	30	statistical	statistical	ADJ
fbem-14770	134	31	values	value	NOUN
fbem-14770	134	32	of	of	ADP
fbem-14770	134	33	the	the	DET
fbem-14770	134	34	variables	variable	NOUN
fbem-14770	134	35	were	be	AUX
fbem-14770	134	36	calculated	calculate	VERB
fbem-14770	134	37	and	and	CCONJ
fbem-14770	134	38	compared	compare	VERB
fbem-14770	134	39	with	with	ADP
fbem-14770	134	40	the	the	DET
fbem-14770	134	41	corresponding	corresponding	ADJ
fbem-14770	134	42	critical	critical	ADJ
fbem-14770	134	43	values	value	NOUN
fbem-14770	134	44	according	accord	VERB
fbem-14770	134	45	to	to	ADP
fbem-14770	134	46	the	the	DET
fbem-14770	134	47	different	different	ADJ
fbem-14770	134	48	significance	significance	NOUN
fbem-14770	134	49	levels	level	NOUN
fbem-14770	134	50	set	set	VERB
fbem-14770	134	51	(	(	PUNCT
fbem-14770	134	52	1	1	NUM
fbem-14770	134	53	%	%	NOUN
fbem-14770	134	54	,	,	PUNCT
fbem-14770	134	55	5	5	NUM
fbem-14770	134	56	%	%	NOUN
fbem-14770	134	57	,	,	PUNCT
fbem-14770	134	58	10	10	NUM
fbem-14770	134	59	%	%	NOUN
fbem-14770	134	60	)	)	PUNCT
fbem-14770	134	61	.	.	PUNCT
fbem-14770	135	1	the	the	DET
fbem-14770	135	2	test	test	NOUN
fbem-14770	135	3	results	result	NOUN
fbem-14770	135	4	are	be	AUX
fbem-14770	135	5	shown	show	VERB
fbem-14770	135	6	in	in	ADP
fbem-14770	135	7	table	table	NOUN
fbem-14770	135	8	2	2	NUM
fbem-14770	135	9	.	.	PUNCT
fbem-14770	135	10	table	table	NOUN
fbem-14770	135	11	2	2	NUM
fbem-14770	135	12	.	.	PUNCT
fbem-14770	135	13	adf	adf	NOUN
fbem-14770	135	14	test	test	NOUN
fbem-14770	135	15	results	result	VERB
fbem-14770	135	16	variable	variable	ADJ
fbem-14770	135	17	adf	adf	PROPN
fbem-14770	135	18	test	test	NOUN
fbem-14770	135	19	value	value	NOUN
fbem-14770	135	20	adf	adf	PROPN
fbem-14770	135	21	critical	critical	ADJ
fbem-14770	135	22	values	value	NOUN
fbem-14770	135	23	at	at	ADP
fbem-14770	135	24	different	different	ADJ
fbem-14770	135	25	significant	significant	ADJ
fbem-14770	135	26	levels	level	NOUN
fbem-14770	135	27	test	test	NOUN
fbem-14770	135	28	type	type	NOUN
fbem-14770	135	29	(	(	PUNCT
fbem-14770	135	30	c	c	NOUN
fbem-14770	135	31	,	,	PUNCT
fbem-14770	135	32	t	t	PROPN
fbem-14770	135	33	,	,	PUNCT
fbem-14770	135	34	l	l	NOUN
fbem-14770	135	35	)	)	PUNCT
fbem-14770	135	36	test	test	NOUN
fbem-14770	135	37	result	result	NOUN
fbem-14770	135	38	1	1	NUM
fbem-14770	135	39	%	%	NOUN
fbem-14770	135	40	5	5	NUM
fbem-14770	135	41	%	%	NOUN
fbem-14770	135	42	10	10	NUM
fbem-14770	135	43	%	%	NOUN
fbem-14770	135	44	lny	lny	PROPN
fbem-14770	135	45	-0.4346	-0.4346	PROPN
fbem-14770	135	46	-4.3033	-4.3033	PROPN
fbem-14770	136	1	-3.4700	-3.4700	PROPN
fbem-14770	136	2	-3.2229	-3.2229	PROPN
fbem-14770	137	1	(	(	PUNCT
fbem-14770	137	2	c	c	NOUN
fbem-14770	137	3	,	,	PUNCT
fbem-14770	137	4	t,1	t,1	NUM
fbem-14770	137	5	)	)	PUNCT
fbem-14770	137	6	unsteady	unsteady	ADJ
fbem-14770	137	7	△	△	PROPN
fbem-14770	137	8	lny	lny	PROPN
fbem-14770	137	9	-7.73463	-7.73463	PROPN
fbem-14770	137	10	-3.6709	-3.6709	PROPN
fbem-14770	137	11	-2.9228	-2.9228	PROPN
fbem-14770	138	1	-2.6230	-2.6230	PROPN
fbem-14770	138	2	(	(	PUNCT
fbem-14770	138	3	c,0.0	c,0.0	ADJ
fbem-14770	138	4	)	)	PUNCT
fbem-14770	138	5	smooth	smooth	ADJ
fbem-14770	138	6	and	and	CCONJ
fbem-14770	138	7	steady	steady	ADJ
fbem-14770	138	8	lnx1	lnx1	NOUN
fbem-14770	138	9	-1.86779	-1.86779	PUNCT
fbem-14770	139	1	-4.3037	-4.3037	PROPN
fbem-14770	139	2	-3.5261	-3.5261	PROPN
fbem-14770	139	3	-3.2214	-3.2214	PROPN
fbem-14770	139	4	(	(	PUNCT
fbem-14770	139	5	c	c	NOUN
fbem-14770	139	6	,	,	PUNCT
fbem-14770	139	7	t,1	t,1	NUM
fbem-14770	139	8	)	)	PUNCT
fbem-14770	139	9	unsteady	unsteady	ADJ
fbem-14770	139	10	△	△	PROPN
fbem-14770	139	11	lnx1	lnx1	PROPN
fbem-14770	139	12	-2.76790	-2.76790	NOUN
fbem-14770	139	13	-3.6820	-3.6820	PROPN
fbem-14770	139	14	-2.9709	-2.9709	PROPN
fbem-14770	140	1	-2.6265	-2.6265	NOUN
fbem-14770	140	2	(	(	PUNCT
fbem-14770	140	3	c,0,1	c,0,1	NOUN
fbem-14770	140	4	)	)	PUNCT
fbem-14770	140	5	smooth	smooth	ADJ
fbem-14770	140	6	and	and	CCONJ
fbem-14770	140	7	steady	steady	ADJ
fbem-14770	140	8	lnx2	lnx2	PROPN
fbem-14770	140	9	-1.13244	-1.13244	NOUN
fbem-14770	140	10	-4.3259	-4.3259	NOUN
fbem-14770	140	11	-3.5223	-3.5223	PUNCT
fbem-14770	140	12	-3.2200	-3.2200	PROPN
fbem-14770	141	1	(	(	PUNCT
fbem-14770	141	2	c	c	NOUN
fbem-14770	141	3	,	,	PUNCT
fbem-14770	141	4	t,2	t,2	NOUN
fbem-14770	141	5	)	)	PUNCT
fbem-14770	141	6	unsteady	unsteady	ADJ
fbem-14770	141	7	△	△	NOUN
fbem-14770	141	8	lnx2	lnx2	ADJ
fbem-14770	141	9	-3.04223	-3.04223	NOUN
fbem-14770	141	10	-3.6463	-3.6463	X
fbem-14770	141	11	-2.9261	-2.9261	NOUN
fbem-14770	141	12	-2.6234	-2.6234	NOUN
fbem-14770	141	13	(	(	PUNCT
fbem-14770	141	14	c,0,1	c,0,1	NOUN
fbem-14770	141	15	)	)	PUNCT
fbem-14770	141	16	smooth	smooth	ADJ
fbem-14770	141	17	and	and	CCONJ
fbem-14770	141	18	steady	steady	ADJ
fbem-14770	141	19	lnx3	lnx3	ADJ
fbem-14770	141	20	-1.09382	-1.09382	NOUN
fbem-14770	142	1	-3.2912	-3.2912	PROPN
fbem-14770	142	2	-3.4433	-3.4433	PROPN
fbem-14770	142	3	-3.1129	-3.1129	PROPN
fbem-14770	142	4	(	(	PUNCT
fbem-14770	142	5	c	c	NOUN
fbem-14770	142	6	,	,	PUNCT
fbem-14770	142	7	t,2	t,2	NOUN
fbem-14770	142	8	)	)	PUNCT
fbem-14770	142	9	unsteady	unsteady	ADJ
fbem-14770	142	10	△	△	NOUN
fbem-14770	142	11	lnx3	lnx3	ADJ
fbem-14770	142	12	-4.20028	-4.20028	NOUN
fbem-14770	142	13	-2.3849	-2.3849	PROPN
fbem-14770	142	14	-2.4489	-2.4489	PROPN
fbem-14770	142	15	-2.8029	-2.8029	NOUN
fbem-14770	142	16	(	(	PUNCT
fbem-14770	142	17	c,0,0	c,0,0	NOUN
fbem-14770	142	18	)	)	PUNCT
fbem-14770	142	19	113	113	NUM
fbem-14770	142	20	according	accord	VERB
fbem-14770	142	21	to	to	ADP
fbem-14770	142	22	the	the	DET
fbem-14770	142	23	adf	adf	PROPN
fbem-14770	142	24	test	test	NOUN
fbem-14770	142	25	results	result	NOUN
fbem-14770	142	26	presented	present	VERB
fbem-14770	142	27	in	in	ADP
fbem-14770	142	28	table	table	NOUN
fbem-14770	142	29	2	2	NUM
fbem-14770	142	30	,	,	PUNCT
fbem-14770	142	31	the	the	DET
fbem-14770	142	32	adf	adf	PROPN
fbem-14770	142	33	statistics	statistic	NOUN
fbem-14770	142	34	of	of	ADP
fbem-14770	142	35	lny	lny	PROPN
fbem-14770	142	36	(	(	PUNCT
fbem-14770	142	37	log	log	PROPN
fbem-14770	142	38	gdp	gdp	PROPN
fbem-14770	142	39	)	)	PUNCT
fbem-14770	142	40	,	,	PUNCT
fbem-14770	142	41	lnx	lnx	PROPN
fbem-14770	142	42	(	(	PUNCT
fbem-14770	142	43	log	log	VERB
fbem-14770	142	44	basic	basic	ADJ
fbem-14770	142	45	pension	pension	NOUN
fbem-14770	142	46	expenditure	expenditure	NOUN
fbem-14770	142	47	)	)	PUNCT
fbem-14770	142	48	,	,	PUNCT
fbem-14770	142	49	lnx2	lnx2	PROPN
fbem-14770	142	50	(	(	PUNCT
fbem-14770	142	51	log	log	VERB
fbem-14770	142	52	human	human	ADJ
fbem-14770	142	53	capital	capital	NOUN
fbem-14770	142	54	stock	stock	NOUN
fbem-14770	142	55	)	)	PUNCT
fbem-14770	142	56	,	,	PUNCT
fbem-14770	142	57	and	and	CCONJ
fbem-14770	142	58	lnxg	lnxg	NOUN
fbem-14770	142	59	(	(	PUNCT
fbem-14770	142	60	log	log	NOUN
fbem-14770	142	61	capital	capital	NOUN
fbem-14770	142	62	input	input	NOUN
fbem-14770	142	63	)	)	PUNCT
fbem-14770	142	64	are	be	AUX
fbem-14770	142	65	-0.4346	-0.4346	ADJ
fbem-14770	142	66	,	,	PUNCT
fbem-14770	142	67	-1.86779	-1.86779	NOUN
fbem-14770	142	68	,	,	PUNCT
fbem-14770	142	69	-1.13244	-1.13244	NOUN
fbem-14770	142	70	,	,	PUNCT
fbem-14770	142	71	and	and	CCONJ
fbem-14770	142	72	-1.09382	-1.09382	NOUN
fbem-14770	142	73	,	,	PUNCT
fbem-14770	142	74	respectively	respectively	ADV
fbem-14770	142	75	.	.	PUNCT
fbem-14770	143	1	compared	compare	VERB
fbem-14770	143	2	with	with	ADP
fbem-14770	143	3	the	the	DET
fbem-14770	143	4	corresponding	corresponding	ADJ
fbem-14770	143	5	critical	critical	ADJ
fbem-14770	143	6	values	value	NOUN
fbem-14770	143	7	at	at	ADP
fbem-14770	143	8	the	the	DET
fbem-14770	143	9	1	1	NUM
fbem-14770	143	10	%	%	NOUN
fbem-14770	143	11	,	,	PUNCT
fbem-14770	143	12	5	5	NUM
fbem-14770	143	13	%	%	NOUN
fbem-14770	143	14	,	,	PUNCT
fbem-14770	143	15	and	and	CCONJ
fbem-14770	143	16	10	10	NUM
fbem-14770	143	17	%	%	NOUN
fbem-14770	143	18	levels	level	NOUN
fbem-14770	143	19	,	,	PUNCT
fbem-14770	143	20	these	these	DET
fbem-14770	143	21	statistics	statistic	NOUN
fbem-14770	143	22	are	be	AUX
fbem-14770	143	23	greater	great	ADJ
fbem-14770	143	24	than	than	ADP
fbem-14770	143	25	the	the	DET
fbem-14770	143	26	critical	critical	ADJ
fbem-14770	143	27	values	value	NOUN
fbem-14770	143	28	.	.	PUNCT
fbem-14770	144	1	therefore	therefore	ADV
fbem-14770	144	2	,	,	PUNCT
fbem-14770	144	3	based	base	VERB
fbem-14770	144	4	on	on	ADP
fbem-14770	144	5	the	the	DET
fbem-14770	144	6	null	null	ADJ
fbem-14770	144	7	hypothesis	hypothesis	NOUN
fbem-14770	144	8	of	of	ADP
fbem-14770	144	9	the	the	DET
fbem-14770	144	10	adf	adf	PROPN
fbem-14770	144	11	test	test	NOUN
fbem-14770	144	12	that	that	PRON
fbem-14770	144	13	the	the	DET
fbem-14770	144	14	original	original	ADJ
fbem-14770	144	15	time	time	NOUN
fbem-14770	144	16	series	series	PROPN
fbem-14770	144	17	data	data	PROPN
fbem-14770	144	18	is	be	AUX
fbem-14770	144	19	non	non	ADJ
fbem-14770	144	20	-	-	ADJ
fbem-14770	144	21	stationary	stationary	ADJ
fbem-14770	144	22	,	,	PUNCT
fbem-14770	144	23	we	we	PRON
fbem-14770	144	24	can	can	AUX
fbem-14770	144	25	not	not	PART
fbem-14770	144	26	reject	reject	VERB
fbem-14770	144	27	this	this	DET
fbem-14770	144	28	null	null	ADJ
fbem-14770	144	29	hypothesis	hypothesis	NOUN
fbem-14770	144	30	,	,	PUNCT
fbem-14770	144	31	namely	namely	ADV
fbem-14770	144	32	,	,	PUNCT
fbem-14770	144	33	lny	lny	PROPN
fbem-14770	144	34	,	,	PUNCT
fbem-14770	144	35	lnx	lnx	PROPN
fbem-14770	144	36	,	,	PUNCT
fbem-14770	144	37	lnx2	lnx2	PROPN
fbem-14770	144	38	,	,	PUNCT
fbem-14770	144	39	and	and	CCONJ
fbem-14770	144	40	lnxg	lnxg	NOUN
fbem-14770	144	41	are	be	AUX
fbem-14770	144	42	all	all	PRON
fbem-14770	144	43	non	non	ADJ
fbem-14770	144	44	-	-	ADJ
fbem-14770	144	45	stationary	stationary	ADJ
fbem-14770	144	46	series	series	NOUN
fbem-14770	144	47	.	.	PUNCT
fbem-14770	145	1	these	these	DET
fbem-14770	145	2	results	result	NOUN
fbem-14770	145	3	indicate	indicate	VERB
fbem-14770	145	4	that	that	SCONJ
fbem-14770	145	5	the	the	DET
fbem-14770	145	6	selected	select	VERB
fbem-14770	145	7	variables	variable	NOUN
fbem-14770	145	8	have	have	VERB
fbem-14770	145	9	unit	unit	NOUN
fbem-14770	145	10	roots	root	NOUN
fbem-14770	145	11	in	in	ADP
fbem-14770	145	12	their	their	PRON
fbem-14770	145	13	original	original	ADJ
fbem-14770	145	14	forms	form	NOUN
fbem-14770	145	15	,	,	PUNCT
fbem-14770	145	16	suggesting	suggest	VERB
fbem-14770	145	17	non	non	ADJ
fbem-14770	145	18	-	-	NOUN
fbem-14770	145	19	stationarity	stationarity	NOUN
fbem-14770	145	20	.	.	PUNCT
fbem-14770	146	1	in	in	ADP
fbem-14770	146	2	economic	economic	ADJ
fbem-14770	146	3	research	research	NOUN
fbem-14770	146	4	,	,	PUNCT
fbem-14770	146	5	non	non	ADJ
fbem-14770	146	6	-	-	ADJ
fbem-14770	146	7	stationary	stationary	ADJ
fbem-14770	146	8	series	series	NOUN
fbem-14770	146	9	can	can	AUX
fbem-14770	146	10	cause	cause	VERB
fbem-14770	146	11	a	a	DET
fbem-14770	146	12	series	series	NOUN
fbem-14770	146	13	of	of	ADP
fbem-14770	146	14	problems	problem	NOUN
fbem-14770	146	15	when	when	SCONJ
fbem-14770	146	16	modeling	modeling	NOUN
fbem-14770	146	17	,	,	PUNCT
fbem-14770	146	18	inference	inference	NOUN
fbem-14770	146	19	,	,	PUNCT
fbem-14770	146	20	and	and	CCONJ
fbem-14770	146	21	prediction	prediction	NOUN
fbem-14770	146	22	.	.	PUNCT
fbem-14770	147	1	therefore	therefore	ADV
fbem-14770	147	2	,	,	PUNCT
fbem-14770	147	3	in	in	ADP
fbem-14770	147	4	further	further	ADJ
fbem-14770	147	5	analysis	analysis	NOUN
fbem-14770	147	6	,	,	PUNCT
fbem-14770	147	7	we	we	PRON
fbem-14770	147	8	need	need	VERB
fbem-14770	147	9	to	to	PART
fbem-14770	147	10	difference	difference	VERB
fbem-14770	147	11	these	these	DET
fbem-14770	147	12	series	series	NOUN
fbem-14770	147	13	or	or	CCONJ
fbem-14770	147	14	use	use	VERB
fbem-14770	147	15	other	other	ADJ
fbem-14770	147	16	methods	method	NOUN
fbem-14770	147	17	to	to	PART
fbem-14770	147	18	handle	handle	VERB
fbem-14770	147	19	non	non	ADJ
fbem-14770	147	20	-	-	NOUN
fbem-14770	147	21	stationarity	stationarity	NOUN
fbem-14770	147	22	to	to	PART
fbem-14770	147	23	ensure	ensure	VERB
fbem-14770	147	24	the	the	DET
fbem-14770	147	25	stability	stability	NOUN
fbem-14770	147	26	and	and	CCONJ
fbem-14770	147	27	reliability	reliability	NOUN
fbem-14770	147	28	of	of	ADP
fbem-14770	147	29	the	the	DET
fbem-14770	147	30	data	datum	NOUN
fbem-14770	147	31	.	.	PUNCT
fbem-14770	148	1	4.3.2	4.3.2	X
fbem-14770	148	2	.	.	PUNCT
fbem-14770	149	1	johansen	johansen	PROPN
fbem-14770	149	2	cointegration	cointegration	PROPN
fbem-14770	149	3	test	test	NOUN
fbem-14770	149	4	based	base	VERB
fbem-14770	149	5	on	on	ADP
fbem-14770	149	6	the	the	DET
fbem-14770	149	7	aforementioned	aforementioned	ADJ
fbem-14770	149	8	unit	unit	NOUN
fbem-14770	149	9	root	root	NOUN
fbem-14770	149	10	tests	test	NOUN
fbem-14770	149	11	,	,	PUNCT
fbem-14770	149	12	it	it	PRON
fbem-14770	149	13	has	have	AUX
fbem-14770	149	14	been	be	AUX
fbem-14770	149	15	determined	determine	VERB
fbem-14770	149	16	that	that	SCONJ
fbem-14770	149	17	the	the	DET
fbem-14770	149	18	selected	select	VERB
fbem-14770	149	19	variables	variable	NOUN
fbem-14770	149	20	involved	involve	VERB
fbem-14770	149	21	in	in	ADP
fbem-14770	149	22	the	the	DET
fbem-14770	149	23	study	study	NOUN
fbem-14770	149	24	are	be	AUX
fbem-14770	149	25	all	all	PRON
fbem-14770	149	26	first	first	ADJ
fbem-14770	149	27	-	-	PUNCT
fbem-14770	149	28	order	order	NOUN
fbem-14770	149	29	integrated	integrate	VERB
fbem-14770	149	30	series	series	NOUN
fbem-14770	149	31	,	,	PUNCT
fbem-14770	149	32	which	which	PRON
fbem-14770	149	33	satisfies	satisfy	VERB
fbem-14770	149	34	the	the	DET
fbem-14770	149	35	prerequisite	prerequisite	NOUN
fbem-14770	149	36	conditions	condition	NOUN
fbem-14770	149	37	for	for	ADP
fbem-14770	149	38	cointegration	cointegration	NOUN
fbem-14770	149	39	testing	testing	NOUN
fbem-14770	149	40	.	.	PUNCT
fbem-14770	150	1	to	to	PART
fbem-14770	150	2	investigate	investigate	VERB
fbem-14770	150	3	the	the	DET
fbem-14770	150	4	existence	existence	NOUN
fbem-14770	150	5	of	of	ADP
fbem-14770	150	6	long	long	ADJ
fbem-14770	150	7	-	-	PUNCT
fbem-14770	150	8	term	term	NOUN
fbem-14770	150	9	dynamic	dynamic	ADJ
fbem-14770	150	10	effects	effect	NOUN
fbem-14770	150	11	between	between	ADP
fbem-14770	150	12	pension	pension	NOUN
fbem-14770	150	13	insurance	insurance	NOUN
fbem-14770	150	14	and	and	CCONJ
fbem-14770	150	15	economic	economic	ADJ
fbem-14770	150	16	growth	growth	NOUN
fbem-14770	150	17	,	,	PUNCT
fbem-14770	150	18	specifically	specifically	ADV
fbem-14770	150	19	whether	whether	SCONJ
fbem-14770	150	20	there	there	PRON
fbem-14770	150	21	is	be	VERB
fbem-14770	150	22	a	a	DET
fbem-14770	150	23	long	long	ADJ
fbem-14770	150	24	-	-	PUNCT
fbem-14770	150	25	term	term	NOUN
fbem-14770	150	26	cointegration	cointegration	NOUN
fbem-14770	150	27	relationship	relationship	NOUN
fbem-14770	150	28	between	between	ADP
fbem-14770	150	29	the	the	DET
fbem-14770	150	30	dependent	dependent	ADJ
fbem-14770	150	31	and	and	CCONJ
fbem-14770	150	32	independent	independent	ADJ
fbem-14770	150	33	variables	variable	NOUN
fbem-14770	150	34	,	,	PUNCT
fbem-14770	150	35	this	this	DET
fbem-14770	150	36	study	study	NOUN
fbem-14770	150	37	employs	employ	VERB
fbem-14770	150	38	the	the	DET
fbem-14770	150	39	westerlund	westerlund	NOUN
fbem-14770	150	40	error	error	NOUN
fbem-14770	150	41	correction	correction	NOUN
fbem-14770	150	42	panel	panel	NOUN
fbem-14770	150	43	cointegration	cointegration	NOUN
fbem-14770	150	44	test	test	NOUN
fbem-14770	150	45	method	method	NOUN
fbem-14770	150	46	to	to	PART
fbem-14770	150	47	examine	examine	VERB
fbem-14770	150	48	the	the	DET
fbem-14770	150	49	panel	panel	NOUN
fbem-14770	150	50	data	datum	NOUN
fbem-14770	150	51	.	.	PUNCT
fbem-14770	151	1	the	the	DET
fbem-14770	151	2	ecm	ecm	PROPN
fbem-14770	151	3	panel	panel	NOUN
fbem-14770	151	4	cointegration	cointegration	NOUN
fbem-14770	151	5	test	test	NOUN
fbem-14770	151	6	assumes	assume	VERB
fbem-14770	151	7	the	the	DET
fbem-14770	151	8	absence	absence	NOUN
fbem-14770	151	9	of	of	ADP
fbem-14770	151	10	cointegration	cointegration	NOUN
fbem-14770	151	11	relationship	relationship	NOUN
fbem-14770	151	12	,	,	PUNCT
fbem-14770	151	13	and	and	CCONJ
fbem-14770	151	14	the	the	DET
fbem-14770	151	15	results	result	NOUN
fbem-14770	151	16	are	be	AUX
fbem-14770	151	17	documented	document	VERB
fbem-14770	151	18	in	in	ADP
fbem-14770	151	19	table	table	NOUN
fbem-14770	151	20	3	3	NUM
fbem-14770	151	21	.	.	PUNCT
fbem-14770	151	22	table	table	NOUN
fbem-14770	151	23	3	3	NUM
fbem-14770	151	24	.	.	PUNCT
fbem-14770	151	25	westland	westland	PROPN
fbem-14770	151	26	error	error	PROPN
fbem-14770	151	27	correction	correction	NOUN
fbem-14770	151	28	panel	panel	NOUN
fbem-14770	151	29	cointegration	cointegration	NOUN
fbem-14770	151	30	test	test	NOUN
fbem-14770	151	31	results	result	VERB
fbem-14770	151	32	panel	panel	NOUN
fbem-14770	151	33	statistics	statistic	NOUN
fbem-14770	151	34	lny	lny	PROPN
fbem-14770	151	35	ln	ln	PROPN
fbem-14770	152	1	x1	x1	PROPN
fbem-14770	152	2	lnx2	lnx2	PROPN
fbem-14770	152	3	lnx3	lnx3	PROPN
fbem-14770	152	4	within	within	ADP
fbem-14770	152	5	-	-	PUNCT
fbem-14770	152	6	group	group	NOUN
fbem-14770	152	7	t	t	NOUN
fbem-14770	152	8	-	-	PUNCT
fbem-14770	152	9	value	value	NOUN
fbem-14770	152	10	1.505	1.505	NUM
fbem-14770	152	11	*	*	SYM
fbem-14770	152	12	*	*	NOUN
fbem-14770	152	13	0.787	0.787	NUM
fbem-14770	152	14	*	*	SYM
fbem-14770	152	15	*	*	PUNCT
fbem-14770	152	16	1.082	1.082	NUM
fbem-14770	152	17	*	*	PUNCT
fbem-14770	152	18	*	*	PUNCT
fbem-14770	152	19	0.098	0.098	NUM
fbem-14770	152	20	*	*	NOUN
fbem-14770	152	21	*	*	ADJ
fbem-14770	152	22	within	within	ADP
fbem-14770	152	23	-	-	PUNCT
fbem-14770	152	24	group	group	NOUN
fbem-14770	152	25	a	a	DET
fbem-14770	152	26	-	-	PUNCT
fbem-14770	152	27	value	value	NOUN
fbem-14770	152	28	0.455	0.455	NUM
fbem-14770	152	29	*	*	NOUN
fbem-14770	152	30	*	*	PUNCT
fbem-14770	152	31	0.220	0.220	NUM
fbem-14770	152	32	*	*	NOUN
fbem-14770	152	33	*	*	NOUN
fbem-14770	152	34	0.810	0.810	NUM
fbem-14770	152	35	*	*	PUNCT
fbem-14770	152	36	*	*	PUNCT
fbem-14770	152	37	0.775	0.775	NUM
fbem-14770	152	38	*	*	NOUN
fbem-14770	152	39	*	*	PUNCT
fbem-14770	152	40	within	within	ADP
fbem-14770	152	41	group	group	NOUN
fbem-14770	152	42	t	t	NOUN
fbem-14770	152	43	-	-	PUNCT
fbem-14770	152	44	value	value	NOUN
fbem-14770	152	45	4.390	4.390	NUM
fbem-14770	152	46	*	*	NOUN
fbem-14770	152	47	*	*	PUNCT
fbem-14770	152	48	0.882	0.882	NUM
fbem-14770	152	49	*	*	NOUN
fbem-14770	152	50	*	*	PUNCT
fbem-14770	152	51	4.302	4.302	NUM
fbem-14770	152	52	*	*	PUNCT
fbem-14770	152	53	*	*	PUNCT
fbem-14770	152	54	2.392	2.392	NUM
fbem-14770	152	55	*	*	PUNCT
fbem-14770	152	56	*	*	PROPN
fbem-14770	152	57	panel	panel	NOUN
fbem-14770	152	58	a	a	DET
fbem-14770	152	59	-	-	PUNCT
fbem-14770	152	60	value	value	NOUN
fbem-14770	152	61	0.280	0.280	NUM
fbem-14770	152	62	*	*	NOUN
fbem-14770	152	63	*	*	NOUN
fbem-14770	152	64	0.009	0.009	NUM
fbem-14770	152	65	*	*	X
fbem-14770	152	66	*	*	PUNCT
fbem-14770	152	67	0.332	0.332	NUM
fbem-14770	152	68	*	*	PUNCT
fbem-14770	152	69	*	*	PUNCT
fbem-14770	152	70	0.112	0.112	NUM
fbem-14770	152	71	*	*	PUNCT
fbem-14770	152	72	*	*	PUNCT
fbem-14770	152	73	according	accord	VERB
fbem-14770	152	74	to	to	ADP
fbem-14770	152	75	the	the	DET
fbem-14770	152	76	results	result	NOUN
fbem-14770	152	77	shown	show	VERB
fbem-14770	152	78	in	in	ADP
fbem-14770	152	79	table	table	NOUN
fbem-14770	152	80	3	3	NUM
fbem-14770	152	81	,	,	PUNCT
fbem-14770	152	82	all	all	DET
fbem-14770	152	83	the	the	DET
fbem-14770	152	84	data	datum	NOUN
fbem-14770	152	85	have	have	AUX
fbem-14770	152	86	rejected	reject	VERB
fbem-14770	152	87	the	the	DET
fbem-14770	152	88	null	null	ADJ
fbem-14770	152	89	hypothesis	hypothesis	NOUN
fbem-14770	152	90	,	,	PUNCT
fbem-14770	152	91	indicating	indicate	VERB
fbem-14770	152	92	that	that	SCONJ
fbem-14770	152	93	there	there	PRON
fbem-14770	152	94	exists	exist	VERB
fbem-14770	152	95	a	a	DET
fbem-14770	152	96	long	long	ADJ
fbem-14770	152	97	-	-	PUNCT
fbem-14770	152	98	term	term	NOUN
fbem-14770	152	99	cointegration	cointegration	NOUN
fbem-14770	152	100	relationship	relationship	NOUN
fbem-14770	152	101	between	between	ADP
fbem-14770	152	102	the	the	DET
fbem-14770	152	103	development	development	NOUN
fbem-14770	152	104	of	of	ADP
fbem-14770	152	105	pension	pension	NOUN
fbem-14770	152	106	insurance	insurance	NOUN
fbem-14770	152	107	and	and	CCONJ
fbem-14770	152	108	economic	economic	ADJ
fbem-14770	152	109	growth	growth	NOUN
fbem-14770	152	110	,	,	PUNCT
fbem-14770	152	111	and	and	CCONJ
fbem-14770	152	112	the	the	DET
fbem-14770	152	113	regression	regression	NOUN
fbem-14770	152	114	residuals	residual	NOUN
fbem-14770	152	115	of	of	ADP
fbem-14770	152	116	the	the	DET
fbem-14770	152	117	equation	equation	NOUN
fbem-14770	152	118	are	be	AUX
fbem-14770	152	119	stationary	stationary	ADJ
fbem-14770	152	120	.	.	PUNCT
fbem-14770	153	1	drawing	draw	VERB
fbem-14770	153	2	upon	upon	SCONJ
fbem-14770	153	3	westland	westland	PROPN
fbem-14770	153	4	's	's	PART
fbem-14770	153	5	research	research	NOUN
fbem-14770	153	6	,	,	PUNCT
fbem-14770	153	7	once	once	SCONJ
fbem-14770	153	8	the	the	DET
fbem-14770	153	9	variables	variable	NOUN
fbem-14770	153	10	pass	pass	VERB
fbem-14770	153	11	the	the	DET
fbem-14770	153	12	error	error	NOUN
fbem-14770	153	13	correction	correction	NOUN
fbem-14770	153	14	panel	panel	NOUN
fbem-14770	153	15	cointegration	cointegration	NOUN
fbem-14770	153	16	test	test	NOUN
fbem-14770	153	17	,	,	PUNCT
fbem-14770	153	18	regression	regression	VERB
fbem-14770	153	19	analysis	analysis	NOUN
fbem-14770	153	20	can	can	AUX
fbem-14770	153	21	be	be	AUX
fbem-14770	153	22	directly	directly	ADV
fbem-14770	153	23	conducted	conduct	VERB
fbem-14770	153	24	.	.	PUNCT
fbem-14770	154	1	based	base	VERB
fbem-14770	154	2	on	on	ADP
fbem-14770	154	3	the	the	DET
fbem-14770	154	4	results	result	NOUN
fbem-14770	154	5	of	of	ADP
fbem-14770	154	6	the	the	DET
fbem-14770	154	7	cointegration	cointegration	NOUN
fbem-14770	154	8	test	test	NOUN
fbem-14770	154	9	,	,	PUNCT
fbem-14770	154	10	we	we	PRON
fbem-14770	154	11	can	can	AUX
fbem-14770	154	12	conclude	conclude	VERB
fbem-14770	154	13	that	that	SCONJ
fbem-14770	154	14	there	there	PRON
fbem-14770	154	15	is	be	VERB
fbem-14770	154	16	a	a	DET
fbem-14770	154	17	long	long	ADJ
fbem-14770	154	18	-	-	PUNCT
fbem-14770	154	19	term	term	NOUN
fbem-14770	154	20	stable	stable	ADJ
fbem-14770	154	21	relationship	relationship	NOUN
fbem-14770	154	22	between	between	ADP
fbem-14770	154	23	pension	pension	NOUN
fbem-14770	154	24	insurance	insurance	NOUN
fbem-14770	154	25	and	and	CCONJ
fbem-14770	154	26	economic	economic	ADJ
fbem-14770	154	27	growth	growth	NOUN
fbem-14770	154	28	.	.	PUNCT
fbem-14770	155	1	this	this	PRON
fbem-14770	155	2	implies	imply	VERB
fbem-14770	155	3	that	that	SCONJ
fbem-14770	155	4	the	the	DET
fbem-14770	155	5	development	development	NOUN
fbem-14770	155	6	of	of	ADP
fbem-14770	155	7	pension	pension	NOUN
fbem-14770	155	8	insurance	insurance	NOUN
fbem-14770	155	9	has	have	VERB
fbem-14770	155	10	a	a	DET
fbem-14770	155	11	positive	positive	ADJ
fbem-14770	155	12	impact	impact	NOUN
fbem-14770	155	13	on	on	ADP
fbem-14770	155	14	economic	economic	ADJ
fbem-14770	155	15	growth	growth	NOUN
fbem-14770	155	16	.	.	PUNCT
fbem-14770	156	1	this	this	DET
fbem-14770	156	2	conclusion	conclusion	NOUN
fbem-14770	156	3	contributes	contribute	VERB
fbem-14770	156	4	to	to	ADP
fbem-14770	156	5	a	a	DET
fbem-14770	156	6	better	well	ADJ
fbem-14770	156	7	understanding	understanding	NOUN
fbem-14770	156	8	of	of	ADP
fbem-14770	156	9	china	china	PROPN
fbem-14770	156	10	's	's	PART
fbem-14770	156	11	pension	pension	NOUN
fbem-14770	156	12	insurance	insurance	NOUN
fbem-14770	156	13	system	system	NOUN
fbem-14770	156	14	and	and	CCONJ
fbem-14770	156	15	provides	provide	VERB
fbem-14770	156	16	a	a	DET
fbem-14770	156	17	scientific	scientific	ADJ
fbem-14770	156	18	basis	basis	NOUN
fbem-14770	156	19	for	for	ADP
fbem-14770	156	20	formulating	formulate	VERB
fbem-14770	156	21	relevant	relevant	ADJ
fbem-14770	156	22	policies	policy	NOUN
fbem-14770	156	23	.	.	PUNCT
fbem-14770	157	1	4.3.3	4.3.3	X
fbem-14770	157	2	.	.	PUNCT
fbem-14770	158	1	granger	granger	PROPN
fbem-14770	158	2	causality	causality	PROPN
fbem-14770	158	3	test	test	NOUN
fbem-14770	158	4	results	result	NOUN
fbem-14770	158	5	in	in	ADP
fbem-14770	158	6	order	order	NOUN
fbem-14770	158	7	to	to	PART
fbem-14770	158	8	ascertain	ascertain	VERB
fbem-14770	158	9	whether	whether	SCONJ
fbem-14770	158	10	the	the	DET
fbem-14770	158	11	development	development	NOUN
fbem-14770	158	12	of	of	ADP
fbem-14770	158	13	old	old	ADJ
fbem-14770	158	14	-	-	PUNCT
fbem-14770	158	15	age	age	NOUN
fbem-14770	158	16	insurance	insurance	NOUN
fbem-14770	158	17	is	be	AUX
fbem-14770	158	18	a	a	DET
fbem-14770	158	19	cause	cause	NOUN
fbem-14770	158	20	of	of	ADP
fbem-14770	158	21	economic	economic	ADJ
fbem-14770	158	22	growth	growth	NOUN
fbem-14770	158	23	and	and	CCONJ
fbem-14770	158	24	to	to	PART
fbem-14770	158	25	understand	understand	VERB
fbem-14770	158	26	its	its	PRON
fbem-14770	158	27	impact	impact	NOUN
fbem-14770	158	28	on	on	ADP
fbem-14770	158	29	long	long	ADJ
fbem-14770	158	30	-	-	PUNCT
fbem-14770	158	31	term	term	NOUN
fbem-14770	158	32	economic	economic	ADJ
fbem-14770	158	33	growth	growth	NOUN
fbem-14770	158	34	,	,	PUNCT
fbem-14770	158	35	this	this	DET
fbem-14770	158	36	study	study	NOUN
fbem-14770	158	37	employed	employ	VERB
fbem-14770	158	38	the	the	DET
fbem-14770	158	39	granger	granger	PROPN
fbem-14770	158	40	causality	causality	PROPN
fbem-14770	158	41	analysis	analysis	NOUN
fbem-14770	158	42	method	method	NOUN
fbem-14770	158	43	.	.	PUNCT
fbem-14770	159	1	by	by	ADP
fbem-14770	159	2	using	use	VERB
fbem-14770	159	3	eviews	eviews	PROPN
fbem-14770	159	4	6.0	6.0	NUM
fbem-14770	159	5	software	software	NOUN
fbem-14770	159	6	for	for	ADP
fbem-14770	159	7	analysis	analysis	NOUN
fbem-14770	159	8	,	,	PUNCT
fbem-14770	159	9	it	it	PRON
fbem-14770	159	10	was	be	AUX
fbem-14770	159	11	found	find	VERB
fbem-14770	159	12	that	that	SCONJ
fbem-14770	159	13	the	the	DET
fbem-14770	159	14	data	datum	NOUN
fbem-14770	159	15	selected	select	VERB
fbem-14770	159	16	for	for	ADP
fbem-14770	159	17	this	this	DET
fbem-14770	159	18	study	study	NOUN
fbem-14770	159	19	exhibits	exhibit	VERB
fbem-14770	159	20	good	good	ADJ
fbem-14770	159	21	stability	stability	NOUN
fbem-14770	159	22	,	,	PUNCT
fbem-14770	159	23	and	and	CCONJ
fbem-14770	159	24	the	the	DET
fbem-14770	159	25	lagged	lag	VERB
fbem-14770	159	26	data	datum	NOUN
fbem-14770	159	27	of	of	ADP
fbem-14770	159	28	three	three	NUM
fbem-14770	159	29	periods	period	NOUN
fbem-14770	159	30	is	be	AUX
fbem-14770	159	31	significant	significant	ADJ
fbem-14770	159	32	at	at	ADP
fbem-14770	159	33	the	the	DET
fbem-14770	159	34	5	5	NUM
fbem-14770	159	35	%	%	NOUN
fbem-14770	159	36	level	level	NOUN
fbem-14770	159	37	,	,	PUNCT
fbem-14770	159	38	making	make	VERB
fbem-14770	159	39	it	it	PRON
fbem-14770	159	40	suitable	suitable	ADJ
fbem-14770	159	41	for	for	ADP
fbem-14770	159	42	conducting	conduct	VERB
fbem-14770	159	43	causality	causality	NOUN
fbem-14770	159	44	analysis	analysis	NOUN
fbem-14770	159	45	.	.	PUNCT
fbem-14770	160	1	table	table	NOUN
fbem-14770	160	2	4	4	NUM
fbem-14770	160	3	presents	present	VERB
fbem-14770	160	4	the	the	DET
fbem-14770	160	5	results	result	NOUN
fbem-14770	160	6	of	of	ADP
fbem-14770	160	7	the	the	DET
fbem-14770	160	8	granger	granger	PROPN
fbem-14770	160	9	causality	causality	PROPN
fbem-14770	160	10	test	test	NOUN
fbem-14770	160	11	obtained	obtain	VERB
fbem-14770	160	12	.	.	PUNCT
fbem-14770	160	13	table	table	NOUN
fbem-14770	160	14	4	4	NUM
fbem-14770	160	15	.	.	PUNCT
fbem-14770	160	16	results	result	NOUN
fbem-14770	160	17	of	of	ADP
fbem-14770	160	18	granger	granger	PROPN
fbem-14770	160	19	causality	causality	PROPN
fbem-14770	160	20	test	test	NOUN
fbem-14770	160	21	between	between	ADP
fbem-14770	160	22	pension	pension	NOUN
fbem-14770	160	23	insurance	insurance	NOUN
fbem-14770	160	24	and	and	CCONJ
fbem-14770	160	25	economic	economic	ADJ
fbem-14770	160	26	growth	growth	NOUN
fbem-14770	160	27	original	original	ADJ
fbem-14770	160	28	hypothesis	hypothesis	NOUN
fbem-14770	160	29	hysteresis	hysteresis	NOUN
fbem-14770	160	30	order	order	NOUN
fbem-14770	160	31	(	(	PUNCT
fbem-14770	160	32	math	math	NOUN
fbem-14770	160	33	)	)	PUNCT
fbem-14770	160	34	f	f	X
fbem-14770	160	35	-	-	PUNCT
fbem-14770	160	36	statistic	statistic	NOUN
fbem-14770	160	37	p	p	NOUN
fbem-14770	160	38	basic	basic	ADJ
fbem-14770	160	39	pension	pension	NOUN
fbem-14770	160	40	insurance	insurance	NOUN
fbem-14770	160	41	spending	spending	NOUN
fbem-14770	160	42	per	per	ADP
fbem-14770	160	43	capita	capita	NOUN
fbem-14770	160	44	is	be	AUX
fbem-14770	160	45	not	not	PART
fbem-14770	160	46	a	a	DET
fbem-14770	160	47	granger	granger	NOUN
fbem-14770	160	48	cause	cause	NOUN
fbem-14770	160	49	of	of	ADP
fbem-14770	160	50	economic	economic	ADJ
fbem-14770	160	51	growth	growth	NOUN
fbem-14770	160	52	3	3	NUM
fbem-14770	160	53	3.4443	3.4443	NUM
fbem-14770	160	54	0.7211	0.7211	NUM
fbem-14770	160	55	economic	economic	ADJ
fbem-14770	160	56	growth	growth	NOUN
fbem-14770	160	57	is	be	AUX
fbem-14770	160	58	not	not	PART
fbem-14770	160	59	a	a	DET
fbem-14770	160	60	granger	granger	NOUN
fbem-14770	160	61	cause	cause	NOUN
fbem-14770	160	62	of	of	ADP
fbem-14770	160	63	basic	basic	ADJ
fbem-14770	160	64	pension	pension	NOUN
fbem-14770	160	65	expenditure	expenditure	NOUN
fbem-14770	160	66	per	per	ADP
fbem-14770	160	67	capita	capita	NOUN
fbem-14770	160	68	.	.	PUNCT
fbem-14770	161	1	3	3	NUM
fbem-14770	161	2	8.4644	8.4644	NUM
fbem-14770	161	3	0.0006	0.0006	NUM
fbem-14770	161	4	basic	basic	ADJ
fbem-14770	161	5	pension	pension	NOUN
fbem-14770	161	6	insurance	insurance	NOUN
fbem-14770	161	7	expenditure	expenditure	NOUN
fbem-14770	161	8	per	per	ADP
fbem-14770	161	9	capita	capita	NOUN
fbem-14770	161	10	is	be	AUX
fbem-14770	161	11	not	not	PART
fbem-14770	161	12	a	a	DET
fbem-14770	161	13	granger	granger	NOUN
fbem-14770	161	14	cause	cause	NOUN
fbem-14770	161	15	of	of	ADP
fbem-14770	161	16	human	human	ADJ
fbem-14770	161	17	capital	capital	NOUN
fbem-14770	161	18	stock	stock	NOUN
fbem-14770	161	19	of	of	ADP
fbem-14770	161	20	the	the	DET
fbem-14770	161	21	labor	labor	NOUN
fbem-14770	161	22	force	force	NOUN
fbem-14770	161	23	.	.	PUNCT
fbem-14770	162	1	3	3	NUM
fbem-14770	162	2	2.8984	2.8984	NUM
fbem-14770	162	3	0.0501	0.0501	NUM
fbem-14770	162	4	the	the	DET
fbem-14770	162	5	granger	granger	NOUN
fbem-14770	162	6	reason	reason	NOUN
fbem-14770	162	7	why	why	SCONJ
fbem-14770	162	8	the	the	DET
fbem-14770	162	9	stock	stock	NOUN
fbem-14770	162	10	of	of	ADP
fbem-14770	162	11	human	human	ADJ
fbem-14770	162	12	capital	capital	NOUN
fbem-14770	162	13	in	in	ADP
fbem-14770	162	14	the	the	DET
fbem-14770	162	15	labor	labor	NOUN
fbem-14770	162	16	force	force	NOUN
fbem-14770	162	17	is	be	AUX
fbem-14770	162	18	not	not	PART
fbem-14770	162	19	the	the	DET
fbem-14770	162	20	granger	granger	NOUN
fbem-14770	162	21	reason	reason	NOUN
fbem-14770	162	22	why	why	SCONJ
fbem-14770	162	23	the	the	DET
fbem-14770	162	24	basic	basic	ADJ
fbem-14770	162	25	pension	pension	NOUN
fbem-14770	162	26	insurance	insurance	NOUN
fbem-14770	162	27	expenditure	expenditure	NOUN
fbem-14770	162	28	per	per	ADP
fbem-14770	162	29	capita	capita	NOUN
fbem-14770	162	30	is	be	AUX
fbem-14770	162	31	not	not	PART
fbem-14770	162	32	the	the	DET
fbem-14770	162	33	granger	granger	PROPN
fbem-14770	162	34	reason	reason	NOUN
fbem-14770	162	35	.	.	PUNCT
fbem-14770	163	1	3	3	NUM
fbem-14770	163	2	0.5443	0.5443	NUM
fbem-14770	163	3	0.0012	0.0012	NUM
fbem-14770	163	4	granger	granger	NOUN
fbem-14770	163	5	reason	reason	NOUN
fbem-14770	163	6	why	why	SCONJ
fbem-14770	163	7	basic	basic	ADJ
fbem-14770	163	8	old	old	ADJ
fbem-14770	163	9	-	-	PUNCT
fbem-14770	163	10	age	age	NOUN
fbem-14770	163	11	insurance	insurance	NOUN
fbem-14770	163	12	expenditure	expenditure	NOUN
fbem-14770	163	13	per	per	ADP
fbem-14770	163	14	capita	capita	NOUN
fbem-14770	163	15	is	be	AUX
fbem-14770	163	16	not	not	PART
fbem-14770	163	17	capital	capital	NOUN
fbem-14770	163	18	investment	investment	NOUN
fbem-14770	163	19	.	.	PUNCT
fbem-14770	164	1	3	3	NUM
fbem-14770	164	2	0.9412	0.9412	NUM
fbem-14770	164	3	0.7452	0.7452	NUM
fbem-14770	164	4	granger	granger	NOUN
fbem-14770	164	5	reason	reason	NOUN
fbem-14770	164	6	why	why	SCONJ
fbem-14770	164	7	capital	capital	NOUN
fbem-14770	164	8	investment	investment	NOUN
fbem-14770	164	9	is	be	AUX
fbem-14770	164	10	not	not	PART
fbem-14770	164	11	the	the	DET
fbem-14770	164	12	basic	basic	ADJ
fbem-14770	164	13	pension	pension	NOUN
fbem-14770	164	14	insurance	insurance	NOUN
fbem-14770	164	15	expenditure	expenditure	NOUN
fbem-14770	164	16	per	per	ADP
fbem-14770	164	17	capita	capita	NOUN
fbem-14770	164	18	.	.	PUNCT
fbem-14770	165	1	3	3	NUM
fbem-14770	165	2	0.8824	0.8824	NUM
fbem-14770	165	3	0.0557	0.0557	NUM
fbem-14770	165	4	the	the	DET
fbem-14770	165	5	stock	stock	NOUN
fbem-14770	165	6	of	of	ADP
fbem-14770	165	7	human	human	ADJ
fbem-14770	165	8	capital	capital	NOUN
fbem-14770	165	9	in	in	ADP
fbem-14770	165	10	the	the	DET
fbem-14770	165	11	labor	labor	NOUN
fbem-14770	165	12	force	force	NOUN
fbem-14770	165	13	is	be	AUX
fbem-14770	165	14	not	not	PART
fbem-14770	165	15	a	a	DET
fbem-14770	165	16	granger	granger	NOUN
fbem-14770	165	17	cause	cause	NOUN
fbem-14770	165	18	of	of	ADP
fbem-14770	165	19	economic	economic	ADJ
fbem-14770	165	20	growth	growth	NOUN
fbem-14770	165	21	.	.	PUNCT
fbem-14770	166	1	3	3	NUM
fbem-14770	166	2	0.1239	0.1239	NUM
fbem-14770	166	3	0.0050	0.0050	NUM
fbem-14770	166	4	economic	economic	ADJ
fbem-14770	166	5	growth	growth	NOUN
fbem-14770	166	6	is	be	AUX
fbem-14770	166	7	not	not	PART
fbem-14770	166	8	a	a	DET
fbem-14770	166	9	granger	granger	NOUN
fbem-14770	166	10	cause	cause	NOUN
fbem-14770	166	11	of	of	ADP
fbem-14770	166	12	the	the	DET
fbem-14770	166	13	stock	stock	NOUN
fbem-14770	166	14	of	of	ADP
fbem-14770	166	15	human	human	ADJ
fbem-14770	166	16	capital	capital	NOUN
fbem-14770	166	17	in	in	ADP
fbem-14770	166	18	the	the	DET
fbem-14770	166	19	labor	labor	NOUN
fbem-14770	166	20	force	force	NOUN
fbem-14770	166	21	.	.	PUNCT
fbem-14770	167	1	3	3	NUM
fbem-14770	167	2	1.2039	1.2039	NUM
fbem-14770	167	3	0.6544	0.6544	NUM
fbem-14770	167	4	there	there	PRON
fbem-14770	167	5	is	be	VERB
fbem-14770	167	6	no	no	DET
fbem-14770	167	7	granger	granger	NOUN
fbem-14770	167	8	reason	reason	NOUN
fbem-14770	167	9	why	why	SCONJ
fbem-14770	167	10	the	the	DET
fbem-14770	167	11	stock	stock	NOUN
fbem-14770	167	12	of	of	ADP
fbem-14770	167	13	human	human	ADJ
fbem-14770	167	14	capital	capital	NOUN
fbem-14770	167	15	in	in	ADP
fbem-14770	167	16	the	the	DET
fbem-14770	167	17	labor	labor	NOUN
fbem-14770	167	18	force	force	NOUN
fbem-14770	167	19	is	be	AUX
fbem-14770	167	20	not	not	PART
fbem-14770	167	21	a	a	DET
fbem-14770	167	22	granger	granger	NOUN
fbem-14770	167	23	reason	reason	NOUN
fbem-14770	167	24	for	for	ADP
fbem-14770	167	25	capital	capital	NOUN
fbem-14770	167	26	investment	investment	NOUN
fbem-14770	167	27	.	.	PUNCT
fbem-14770	168	1	3	3	NUM
fbem-14770	168	2	0.3925	0.3925	NUM
fbem-14770	168	3	0.3729	0.3729	NUM
fbem-14770	168	4	capital	capital	NOUN
fbem-14770	168	5	input	input	NOUN
fbem-14770	168	6	is	be	AUX
fbem-14770	168	7	not	not	PART
fbem-14770	168	8	a	a	DET
fbem-14770	168	9	granger	granger	NOUN
fbem-14770	168	10	cause	cause	NOUN
fbem-14770	168	11	of	of	ADP
fbem-14770	168	12	the	the	DET
fbem-14770	168	13	stock	stock	NOUN
fbem-14770	168	14	of	of	ADP
fbem-14770	168	15	human	human	ADJ
fbem-14770	168	16	capital	capital	NOUN
fbem-14770	168	17	in	in	ADP
fbem-14770	168	18	the	the	DET
fbem-14770	168	19	labor	labor	NOUN
fbem-14770	168	20	force	force	PROPN
fbem-14770	168	21	population	population	NOUN
fbem-14770	168	22	.	.	PUNCT
fbem-14770	169	1	3	3	NUM
fbem-14770	169	2	1.3344	1.3344	NUM
fbem-14770	169	3	0.2834	0.2834	NUM
fbem-14770	169	4	granger	granger	NOUN
fbem-14770	169	5	reason	reason	NOUN
fbem-14770	169	6	why	why	SCONJ
fbem-14770	169	7	capital	capital	NOUN
fbem-14770	169	8	inputs	input	NOUN
fbem-14770	169	9	are	be	AUX
fbem-14770	169	10	not	not	PART
fbem-14770	169	11	the	the	DET
fbem-14770	169	12	stock	stock	NOUN
fbem-14770	169	13	of	of	ADP
fbem-14770	169	14	human	human	ADJ
fbem-14770	169	15	capital	capital	NOUN
fbem-14770	169	16	in	in	ADP
fbem-14770	169	17	the	the	DET
fbem-14770	169	18	labor	labor	NOUN
fbem-14770	169	19	force	force	NOUN
fbem-14770	169	20	.	.	PUNCT
fbem-14770	170	1	3	3	NUM
fbem-14770	170	2	1.3920	1.3920	NUM
fbem-14770	170	3	0.3340	0.3340	NUM
fbem-14770	170	4	granger	granger	NOUN
fbem-14770	170	5	reason	reason	NOUN
fbem-14770	170	6	why	why	SCONJ
fbem-14770	170	7	economic	economic	ADJ
fbem-14770	170	8	growth	growth	NOUN
fbem-14770	170	9	is	be	AUX
fbem-14770	170	10	not	not	PART
fbem-14770	170	11	capital	capital	NOUN
fbem-14770	170	12	input	input	NOUN
fbem-14770	170	13	.	.	PUNCT
fbem-14770	171	1	3	3	NUM
fbem-14770	171	2	0.4320	0.4320	NUM
fbem-14770	171	3	0.1210	0.1210	NUM
fbem-14770	171	4	114	114	NUM
fbem-14770	171	5	according	accord	VERB
fbem-14770	171	6	to	to	ADP
fbem-14770	171	7	the	the	DET
fbem-14770	171	8	granger	granger	PROPN
fbem-14770	171	9	causality	causality	PROPN
fbem-14770	171	10	test	test	NOUN
fbem-14770	171	11	results	result	NOUN
fbem-14770	171	12	in	in	ADP
fbem-14770	171	13	table	table	NOUN
fbem-14770	171	14	4	4	NUM
fbem-14770	171	15	,	,	PUNCT
fbem-14770	171	16	we	we	PRON
fbem-14770	171	17	can	can	AUX
fbem-14770	171	18	observe	observe	VERB
fbem-14770	171	19	that	that	SCONJ
fbem-14770	171	20	per	per	ADP
fbem-14770	171	21	capita	capita	X
fbem-14770	171	22	basic	basic	ADJ
fbem-14770	171	23	pension	pension	NOUN
fbem-14770	171	24	expenditure	expenditure	NOUN
fbem-14770	171	25	is	be	AUX
fbem-14770	171	26	a	a	DET
fbem-14770	171	27	granger	granger	NOUN
fbem-14770	171	28	cause	cause	NOUN
fbem-14770	171	29	for	for	ADP
fbem-14770	171	30	economic	economic	ADJ
fbem-14770	171	31	growth	growth	NOUN
fbem-14770	171	32	under	under	ADP
fbem-14770	171	33	a	a	DET
fbem-14770	171	34	lag	lag	NOUN
fbem-14770	171	35	of	of	ADP
fbem-14770	171	36	three	three	NUM
fbem-14770	171	37	periods	period	NOUN
fbem-14770	171	38	,	,	PUNCT
fbem-14770	171	39	with	with	ADP
fbem-14770	171	40	its	its	PRON
fbem-14770	171	41	p	p	NOUN
fbem-14770	171	42	-	-	PUNCT
fbem-14770	171	43	value	value	NOUN
fbem-14770	171	44	rejecting	reject	VERB
fbem-14770	171	45	the	the	DET
fbem-14770	171	46	null	null	ADJ
fbem-14770	171	47	hypothesis	hypothesis	NOUN
fbem-14770	171	48	at	at	ADP
fbem-14770	171	49	a	a	DET
fbem-14770	171	50	significance	significance	NOUN
fbem-14770	171	51	level	level	NOUN
fbem-14770	171	52	of	of	ADP
fbem-14770	171	53	5	5	NUM
fbem-14770	171	54	%	%	NOUN
fbem-14770	171	55	.	.	PUNCT
fbem-14770	172	1	similarly	similarly	ADV
fbem-14770	172	2	,	,	PUNCT
fbem-14770	172	3	the	the	DET
fbem-14770	172	4	labor	labor	NOUN
fbem-14770	172	5	force	force	NOUN
fbem-14770	172	6	and	and	CCONJ
fbem-14770	172	7	human	human	ADJ
fbem-14770	172	8	capital	capital	NOUN
fbem-14770	172	9	stock	stock	NOUN
fbem-14770	172	10	are	be	AUX
fbem-14770	172	11	also	also	ADV
fbem-14770	172	12	granger	granger	PROPN
fbem-14770	172	13	causes	cause	NOUN
fbem-14770	172	14	for	for	ADP
fbem-14770	172	15	economic	economic	ADJ
fbem-14770	172	16	growth	growth	NOUN
fbem-14770	172	17	.	.	PUNCT
fbem-14770	173	1	additionally	additionally	ADV
fbem-14770	173	2	,	,	PUNCT
fbem-14770	173	3	the	the	DET
fbem-14770	173	4	data	datum	NOUN
fbem-14770	173	5	in	in	ADP
fbem-14770	173	6	table	table	NOUN
fbem-14770	173	7	4	4	NUM
fbem-14770	173	8	proves	prove	VERB
fbem-14770	173	9	the	the	DET
fbem-14770	173	10	existing	exist	VERB
fbem-14770	173	11	theories	theory	NOUN
fbem-14770	173	12	that	that	SCONJ
fbem-14770	173	13	per	per	ADP
fbem-14770	173	14	capita	capita	X
fbem-14770	173	15	basic	basic	ADJ
fbem-14770	173	16	pension	pension	NOUN
fbem-14770	173	17	expenditure	expenditure	NOUN
fbem-14770	173	18	is	be	AUX
fbem-14770	173	19	a	a	DET
fbem-14770	173	20	granger	granger	NOUN
fbem-14770	173	21	cause	cause	NOUN
fbem-14770	173	22	for	for	ADP
fbem-14770	173	23	capital	capital	NOUN
fbem-14770	173	24	input	input	NOUN
fbem-14770	173	25	,	,	PUNCT
fbem-14770	173	26	and	and	CCONJ
fbem-14770	173	27	economic	economic	ADJ
fbem-14770	173	28	growth	growth	NOUN
fbem-14770	173	29	is	be	AUX
fbem-14770	173	30	a	a	DET
fbem-14770	173	31	granger	granger	NOUN
fbem-14770	173	32	cause	cause	NOUN
fbem-14770	173	33	for	for	ADP
fbem-14770	173	34	the	the	DET
fbem-14770	173	35	labor	labor	NOUN
fbem-14770	173	36	force	force	NOUN
fbem-14770	173	37	and	and	CCONJ
fbem-14770	173	38	human	human	ADJ
fbem-14770	173	39	capital	capital	NOUN
fbem-14770	173	40	stock	stock	NOUN
fbem-14770	173	41	.	.	PUNCT
fbem-14770	174	1	this	this	PRON
fbem-14770	174	2	indicates	indicate	VERB
fbem-14770	174	3	a	a	DET
fbem-14770	174	4	complex	complex	ADJ
fbem-14770	174	5	and	and	CCONJ
fbem-14770	174	6	long	long	ADJ
fbem-14770	174	7	-	-	PUNCT
fbem-14770	174	8	term	term	NOUN
fbem-14770	174	9	interdependent	interdependent	ADJ
fbem-14770	174	10	relationship	relationship	NOUN
fbem-14770	174	11	between	between	ADP
fbem-14770	174	12	pension	pension	NOUN
fbem-14770	174	13	insurance	insurance	NOUN
fbem-14770	174	14	and	and	CCONJ
fbem-14770	174	15	economic	economic	ADJ
fbem-14770	174	16	growth	growth	NOUN
fbem-14770	174	17	.	.	PUNCT
fbem-14770	175	1	variables	variable	NOUN
fbem-14770	175	2	associated	associate	VERB
fbem-14770	175	3	with	with	ADP
fbem-14770	175	4	the	the	DET
fbem-14770	175	5	development	development	NOUN
fbem-14770	175	6	of	of	ADP
fbem-14770	175	7	pension	pension	NOUN
fbem-14770	175	8	insurance	insurance	NOUN
fbem-14770	175	9	not	not	PART
fbem-14770	175	10	only	only	ADV
fbem-14770	175	11	contribute	contribute	VERB
fbem-14770	175	12	to	to	ADP
fbem-14770	175	13	economic	economic	ADJ
fbem-14770	175	14	growth	growth	NOUN
fbem-14770	175	15	,	,	PUNCT
fbem-14770	175	16	but	but	CCONJ
fbem-14770	175	17	also	also	ADV
fbem-14770	175	18	benefit	benefit	VERB
fbem-14770	175	19	themselves	themselves	PRON
fbem-14770	175	20	through	through	ADP
fbem-14770	175	21	the	the	DET
fbem-14770	175	22	positive	positive	ADJ
fbem-14770	175	23	momentum	momentum	NOUN
fbem-14770	175	24	generated	generate	VERB
fbem-14770	175	25	by	by	ADP
fbem-14770	175	26	economic	economic	ADJ
fbem-14770	175	27	growth	growth	NOUN
fbem-14770	175	28	.	.	PUNCT
fbem-14770	176	1	these	these	DET
fbem-14770	176	2	results	result	NOUN
fbem-14770	176	3	highlight	highlight	VERB
fbem-14770	176	4	the	the	DET
fbem-14770	176	5	significant	significant	ADJ
fbem-14770	176	6	impact	impact	NOUN
fbem-14770	176	7	of	of	ADP
fbem-14770	176	8	pension	pension	NOUN
fbem-14770	176	9	insurance	insurance	NOUN
fbem-14770	176	10	development	development	NOUN
fbem-14770	176	11	on	on	ADP
fbem-14770	176	12	economic	economic	ADJ
fbem-14770	176	13	growth	growth	NOUN
fbem-14770	176	14	,	,	PUNCT
fbem-14770	176	15	particularly	particularly	ADV
fbem-14770	176	16	in	in	ADP
fbem-14770	176	17	terms	term	NOUN
fbem-14770	176	18	of	of	ADP
fbem-14770	176	19	enhancing	enhance	VERB
fbem-14770	176	20	capital	capital	NOUN
fbem-14770	176	21	input	input	NOUN
fbem-14770	176	22	and	and	CCONJ
fbem-14770	176	23	improving	improve	VERB
fbem-14770	176	24	the	the	DET
fbem-14770	176	25	labor	labor	NOUN
fbem-14770	176	26	force	force	NOUN
fbem-14770	176	27	and	and	CCONJ
fbem-14770	176	28	human	human	ADJ
fbem-14770	176	29	capital	capital	NOUN
fbem-14770	176	30	stock	stock	NOUN
fbem-14770	176	31	.	.	PUNCT
fbem-14770	177	1	the	the	DET
fbem-14770	177	2	development	development	NOUN
fbem-14770	177	3	of	of	ADP
fbem-14770	177	4	pension	pension	NOUN
fbem-14770	177	5	insurance	insurance	NOUN
fbem-14770	177	6	plays	play	VERB
fbem-14770	177	7	a	a	DET
fbem-14770	177	8	crucial	crucial	ADJ
fbem-14770	177	9	role	role	NOUN
fbem-14770	177	10	in	in	ADP
fbem-14770	177	11	driving	drive	VERB
fbem-14770	177	12	economic	economic	ADJ
fbem-14770	177	13	growth	growth	NOUN
fbem-14770	177	14	.	.	PUNCT
fbem-14770	178	1	these	these	DET
fbem-14770	178	2	findings	finding	NOUN
fbem-14770	178	3	are	be	AUX
fbem-14770	178	4	of	of	ADP
fbem-14770	178	5	great	great	ADJ
fbem-14770	178	6	significance	significance	NOUN
fbem-14770	178	7	in	in	ADP
fbem-14770	178	8	deepening	deepen	VERB
fbem-14770	178	9	our	our	PRON
fbem-14770	178	10	understanding	understanding	NOUN
fbem-14770	178	11	of	of	ADP
fbem-14770	178	12	china	china	PROPN
fbem-14770	178	13	's	's	PART
fbem-14770	178	14	pension	pension	NOUN
fbem-14770	178	15	insurance	insurance	NOUN
fbem-14770	178	16	system	system	NOUN
fbem-14770	178	17	and	and	CCONJ
fbem-14770	178	18	providing	provide	VERB
fbem-14770	178	19	a	a	DET
fbem-14770	178	20	scientific	scientific	ADJ
fbem-14770	178	21	basis	basis	NOUN
fbem-14770	178	22	for	for	ADP
fbem-14770	178	23	policy	policy	NOUN
fbem-14770	178	24	-	-	PUNCT
fbem-14770	178	25	making	making	NOUN
fbem-14770	178	26	.	.	PUNCT
fbem-14770	179	1	5	5	X
fbem-14770	179	2	.	.	X
fbem-14770	179	3	conclusion	conclusion	NOUN
fbem-14770	179	4	this	this	DET
fbem-14770	179	5	paper	paper	NOUN
fbem-14770	179	6	aims	aim	VERB
fbem-14770	179	7	to	to	PART
fbem-14770	179	8	explore	explore	VERB
fbem-14770	179	9	the	the	DET
fbem-14770	179	10	long	long	ADJ
fbem-14770	179	11	-	-	PUNCT
fbem-14770	179	12	term	term	NOUN
fbem-14770	179	13	impact	impact	NOUN
fbem-14770	179	14	mechanism	mechanism	NOUN
fbem-14770	179	15	of	of	ADP
fbem-14770	179	16	pension	pension	NOUN
fbem-14770	179	17	insurance	insurance	NOUN
fbem-14770	179	18	on	on	ADP
fbem-14770	179	19	economic	economic	ADJ
fbem-14770	179	20	growth	growth	NOUN
fbem-14770	179	21	and	and	CCONJ
fbem-14770	179	22	conduct	conduct	VERB
fbem-14770	179	23	empirical	empirical	ADJ
fbem-14770	179	24	analysis	analysis	NOUN
fbem-14770	179	25	,	,	PUNCT
fbem-14770	179	26	yielding	yield	VERB
fbem-14770	179	27	some	some	DET
fbem-14770	179	28	insightful	insightful	ADJ
fbem-14770	179	29	conclusions	conclusion	NOUN
fbem-14770	179	30	.	.	PUNCT
fbem-14770	180	1	specifically	specifically	ADV
fbem-14770	180	2	,	,	PUNCT
fbem-14770	180	3	the	the	DET
fbem-14770	180	4	analysis	analysis	NOUN
fbem-14770	180	5	focuses	focus	VERB
fbem-14770	180	6	on	on	ADP
fbem-14770	180	7	the	the	DET
fbem-14770	180	8	effects	effect	NOUN
fbem-14770	180	9	of	of	ADP
fbem-14770	180	10	pension	pension	NOUN
fbem-14770	180	11	insurance	insurance	NOUN
fbem-14770	180	12	on	on	ADP
fbem-14770	180	13	savings	saving	NOUN
fbem-14770	180	14	release	release	NOUN
fbem-14770	180	15	,	,	PUNCT
fbem-14770	180	16	human	human	ADJ
fbem-14770	180	17	capital	capital	NOUN
fbem-14770	180	18	accumulation	accumulation	NOUN
fbem-14770	180	19	,	,	PUNCT
fbem-14770	180	20	and	and	CCONJ
fbem-14770	180	21	income	income	NOUN
fbem-14770	180	22	distribution	distribution	NOUN
fbem-14770	180	23	.	.	PUNCT
fbem-14770	181	1	the	the	DET
fbem-14770	181	2	empirical	empirical	ADJ
fbem-14770	181	3	results	result	NOUN
fbem-14770	181	4	from	from	ADP
fbem-14770	181	5	the	the	DET
fbem-14770	181	6	var	var	NOUN
fbem-14770	181	7	model	model	NOUN
fbem-14770	181	8	indicate	indicate	VERB
fbem-14770	181	9	that	that	SCONJ
fbem-14770	181	10	pension	pension	NOUN
fbem-14770	181	11	insurance	insurance	NOUN
fbem-14770	181	12	plays	play	VERB
fbem-14770	181	13	a	a	DET
fbem-14770	181	14	certain	certain	ADJ
fbem-14770	181	15	promoting	promote	VERB
fbem-14770	181	16	role	role	NOUN
fbem-14770	181	17	in	in	ADP
fbem-14770	181	18	economic	economic	ADJ
fbem-14770	181	19	growth	growth	NOUN
fbem-14770	181	20	.	.	PUNCT
fbem-14770	182	1	therefore	therefore	ADV
fbem-14770	182	2	,	,	PUNCT
fbem-14770	182	3	it	it	PRON
fbem-14770	182	4	is	be	AUX
fbem-14770	182	5	recommended	recommend	VERB
fbem-14770	182	6	that	that	SCONJ
fbem-14770	182	7	the	the	DET
fbem-14770	182	8	government	government	NOUN
fbem-14770	182	9	strengthen	strengthen	VERB
fbem-14770	182	10	proactive	proactive	ADJ
fbem-14770	182	11	reforms	reform	NOUN
fbem-14770	182	12	and	and	CCONJ
fbem-14770	182	13	improvements	improvement	NOUN
fbem-14770	182	14	in	in	ADP
fbem-14770	182	15	the	the	DET
fbem-14770	182	16	pension	pension	NOUN
fbem-14770	182	17	insurance	insurance	NOUN
fbem-14770	182	18	system	system	NOUN
fbem-14770	182	19	,	,	PUNCT
fbem-14770	182	20	such	such	ADJ
fbem-14770	182	21	as	as	ADP
fbem-14770	182	22	increasing	increase	VERB
fbem-14770	182	23	contribution	contribution	NOUN
fbem-14770	182	24	rates	rate	NOUN
fbem-14770	182	25	,	,	PUNCT
fbem-14770	182	26	refining	refine	VERB
fbem-14770	182	27	pension	pension	NOUN
fbem-14770	182	28	adjustment	adjustment	NOUN
fbem-14770	182	29	mechanisms	mechanism	NOUN
fbem-14770	182	30	,	,	PUNCT
fbem-14770	182	31	expanding	expand	VERB
fbem-14770	182	32	investment	investment	NOUN
fbem-14770	182	33	channels	channel	NOUN
fbem-14770	182	34	,	,	PUNCT
fbem-14770	182	35	and	and	CCONJ
fbem-14770	182	36	enhancing	enhance	VERB
fbem-14770	182	37	investment	investment	NOUN
fbem-14770	182	38	transparency	transparency	NOUN
fbem-14770	182	39	.	.	PUNCT
fbem-14770	183	1	these	these	DET
fbem-14770	183	2	measures	measure	NOUN
fbem-14770	183	3	aim	aim	VERB
fbem-14770	183	4	to	to	PART
fbem-14770	183	5	enhance	enhance	VERB
fbem-14770	183	6	the	the	DET
fbem-14770	183	7	economic	economic	ADJ
fbem-14770	183	8	and	and	CCONJ
fbem-14770	183	9	social	social	ADJ
fbem-14770	183	10	benefits	benefit	NOUN
fbem-14770	183	11	of	of	ADP
fbem-14770	183	12	pension	pension	NOUN
fbem-14770	183	13	insurance	insurance	NOUN
fbem-14770	183	14	.	.	PUNCT
fbem-14770	184	1	additionally	additionally	ADV
fbem-14770	184	2	,	,	PUNCT
fbem-14770	184	3	the	the	DET
fbem-14770	184	4	paper	paper	NOUN
fbem-14770	184	5	also	also	ADV
fbem-14770	184	6	acknowledges	acknowledge	VERB
fbem-14770	184	7	some	some	DET
fbem-14770	184	8	shortcomings	shortcoming	NOUN
fbem-14770	184	9	regarding	regard	VERB
fbem-14770	184	10	data	data	NOUN
fbem-14770	184	11	selection	selection	NOUN
fbem-14770	184	12	and	and	CCONJ
fbem-14770	184	13	model	model	NOUN
fbem-14770	184	14	assumptions	assumption	NOUN
fbem-14770	184	15	,	,	PUNCT
fbem-14770	184	16	which	which	PRON
fbem-14770	184	17	call	call	VERB
fbem-14770	184	18	for	for	ADP
fbem-14770	184	19	more	more	ADV
fbem-14770	184	20	refined	refined	ADJ
fbem-14770	184	21	and	and	CCONJ
fbem-14770	184	22	technical	technical	ADJ
fbem-14770	184	23	improvements	improvement	NOUN
fbem-14770	184	24	in	in	ADP
fbem-14770	184	25	future	future	ADJ
fbem-14770	184	26	research	research	NOUN
fbem-14770	184	27	.	.	PUNCT
fbem-14770	185	1	it	it	PRON
fbem-14770	185	2	is	be	AUX
fbem-14770	185	3	hoped	hope	VERB
fbem-14770	185	4	that	that	SCONJ
fbem-14770	185	5	this	this	DET
fbem-14770	185	6	paper	paper	NOUN
fbem-14770	185	7	can	can	AUX
fbem-14770	185	8	provide	provide	VERB
fbem-14770	185	9	references	reference	NOUN
fbem-14770	185	10	for	for	ADP
fbem-14770	185	11	related	related	ADJ
fbem-14770	185	12	studies	study	NOUN
fbem-14770	185	13	and	and	CCONJ
fbem-14770	185	14	offer	offer	VERB
fbem-14770	185	15	valuable	valuable	ADJ
fbem-14770	185	16	ideas	idea	NOUN
fbem-14770	185	17	and	and	CCONJ
fbem-14770	185	18	suggestions	suggestion	NOUN
fbem-14770	185	19	for	for	ADP
fbem-14770	185	20	the	the	DET
fbem-14770	185	21	reform	reform	NOUN
fbem-14770	185	22	of	of	ADP
fbem-14770	185	23	pension	pension	NOUN
fbem-14770	185	24	insurance	insurance	NOUN
fbem-14770	185	25	system	system	NOUN
fbem-14770	185	26	and	and	CCONJ
fbem-14770	185	27	the	the	DET
fbem-14770	185	28	realization	realization	NOUN
fbem-14770	185	29	of	of	ADP
fbem-14770	185	30	economic	economic	ADJ
fbem-14770	185	31	growth	growth	NOUN
fbem-14770	185	32	in	in	ADP
fbem-14770	185	33	the	the	DET
fbem-14770	185	34	future	future	NOUN
fbem-14770	185	35	.	.	PUNCT
fbem-14770	186	1	references	reference	NOUN
fbem-14770	186	2	[	[	X
fbem-14770	186	3	1	1	NUM
fbem-14770	186	4	]	]	PUNCT
fbem-14770	186	5	maddalena	maddalena	PROPN
fbem-14770	186	6	c	c	PROPN
fbem-14770	186	7	.impulse	.impulse	PRON
fbem-14770	186	8	response	response	NOUN
fbem-14770	186	9	function	function	VERB
fbem-14770	186	10	analysis	analysis	NOUN
fbem-14770	186	11	for	for	ADP
fbem-14770	186	12	markov	markov	NOUN
fbem-14770	186	13	switching	switch	VERB
fbem-14770	186	14	var	var	PROPN
fbem-14770	186	15	models[j].economics	models[j].economics	PROPN
fbem-14770	186	16	letters,2023,232	letters,2023,232	NOUN
fbem-14770	186	17	.	.	PUNCT
fbem-14770	187	1	[	[	X
fbem-14770	187	2	2	2	NUM
fbem-14770	187	3	]	]	PUNCT
fbem-14770	187	4	arshad	arshad	ADJ
fbem-14770	187	5	u	u	PROPN
fbem-14770	187	6	m	m	PROPN
fbem-14770	187	7	t	t	NOUN
fbem-14770	187	8	.natural	.natural	ADJ
fbem-14770	187	9	resources	resource	NOUN
fbem-14770	187	10	and	and	CCONJ
fbem-14770	187	11	economic	economic	ADJ
fbem-14770	187	12	growth	growth	NOUN
fbem-14770	187	13	:	:	PUNCT
fbem-14770	187	14	evidence	evidence	NOUN
fbem-14770	187	15	from	from	ADP
fbem-14770	187	16	brunei	brunei	PROPN
fbem-14770	187	17	darussalam[j].international	darussalam[j].international	PROPN
fbem-14770	187	18	journal	journal	NOUN
fbem-14770	187	19	of	of	ADP
fbem-14770	187	20	emerging	emerge	VERB
fbem-14770	187	21	markets,2023,18(10):4252	markets,2023,18(10):4252	PROPN
fbem-14770	187	22	-	-	PUNCT
fbem-14770	187	23	4269	4269	NUM
fbem-14770	187	24	.	.	PUNCT
fbem-14770	188	1	[	[	X
fbem-14770	188	2	3	3	NUM
fbem-14770	188	3	]	]	X
fbem-14770	188	4	barnali	barnali	PROPN
fbem-14770	188	5	s	s	PART
fbem-14770	188	6	n	n	PRON
fbem-14770	188	7	m	m	VERB
fbem-14770	188	8	.developing	.develope	VERB
fbem-14770	188	9	a	a	DET
fbem-14770	188	10	competitiveness	competitiveness	NOUN
fbem-14770	188	11	index	index	NOUN
fbem-14770	188	12	at	at	ADP
fbem-14770	188	13	subnational	subnational	ADJ
fbem-14770	188	14	level	level	NOUN
fbem-14770	188	15	for	for	ADP
fbem-14770	188	16	india	india	PROPN
fbem-14770	188	17	:	:	PUNCT
fbem-14770	188	18	an	an	DET
fbem-14770	188	19	economic	economic	ADJ
fbem-14770	188	20	growth	growth	NOUN
fbem-14770	188	21	measure	measure	NOUN
fbem-14770	189	1	[	[	X
fbem-14770	189	2	j	j	X
fbem-14770	189	3	]	]	X
fbem-14770	189	4	.	.	PUNCT
fbem-14770	190	1	international	international	ADJ
fbem-14770	190	2	journal	journal	NOUN
fbem-14770	190	3	of	of	ADP
fbem-14770	190	4	emerging	emerge	VERB
fbem-14770	190	5	markets,2023,18(10):44814503	markets,2023,18(10):44814503	PROPN
fbem-14770	190	6	.	.	PUNCT
fbem-14770	191	1	[	[	X
fbem-14770	191	2	4	4	X
fbem-14770	191	3	]	]	X
fbem-14770	191	4	v.	v.	ADP
fbem-14770	191	5	s	s	PROPN
fbem-14770	191	6	b	b	PROPN
fbem-14770	191	7	n	n	DET
fbem-14770	191	8	a	a	PRON
fbem-14770	191	9	t	t	PROPN
fbem-14770	191	10	b	b	PROPN
fbem-14770	191	11	.optimal	.optimal	PROPN
fbem-14770	191	12	control	control	NOUN
fbem-14770	191	13	of	of	ADP
fbem-14770	191	14	investment	investment	NOUN
fbem-14770	191	15	in	in	ADP
fbem-14770	191	16	a	a	DET
fbem-14770	191	17	collective	collective	ADJ
fbem-14770	191	18	pension	pension	NOUN
fbem-14770	191	19	insurance	insurance	NOUN
fbem-14770	191	20	model	model	NOUN
fbem-14770	191	21	:	:	PUNCT
fbem-14770	191	22	study	study	NOUN
fbem-14770	191	23	of	of	ADP
fbem-14770	191	24	singular	singular	PROPN
fbem-14770	191	25	nonlinear	nonlinear	ADJ
fbem-14770	191	26	problems	problem	NOUN
fbem-14770	191	27	for	for	ADP
fbem-14770	191	28	integro	integro	ADJ
fbem-14770	191	29	-	-	PUNCT
fbem-14770	191	30	differential	differential	ADJ
fbem-14770	191	31	equations[j].computational	equations[j].computational	ADJ
fbem-14770	191	32	mathematics	mathematic	NOUN
fbem-14770	191	33	and	and	CCONJ
fbem-14770	191	34	mathematical	mathematical	ADJ
fbem-14770	191	35	physics,2022,62(9):1438	physics,2022,62(9):1438	NOUN
fbem-14770	191	36	-	-	PUNCT
fbem-14770	191	37	1454	1454	NUM
fbem-14770	191	38	.	.	PUNCT
fbem-14770	192	1	[	[	X
fbem-14770	192	2	5	5	X
fbem-14770	192	3	]	]	PUNCT
fbem-14770	192	4	youlu	youlu	PROPN
fbem-14770	192	5	y	y	PROPN
fbem-14770	192	6	s	s	PROPN
fbem-14770	192	7	y	y	PROPN
fbem-14770	192	8	.analysis	.analysis	PUNCT
fbem-14770	192	9	of	of	ADP
fbem-14770	192	10	balance	balance	NOUN
fbem-14770	192	11	of	of	ADP
fbem-14770	192	12	income	income	NOUN
fbem-14770	192	13	and	and	CCONJ
fbem-14770	192	14	expenditure	expenditure	NOUN
fbem-14770	192	15	and	and	CCONJ
fbem-14770	192	16	optimal	optimal	ADJ
fbem-14770	192	17	retirement	retirement	NOUN
fbem-14770	192	18	age	age	NOUN
fbem-14770	192	19	of	of	ADP
fbem-14770	192	20	pension	pension	NOUN
fbem-14770	192	21	insurance	insurance	NOUN
fbem-14770	192	22	coordination	coordination	NOUN
fbem-14770	192	23	account	account	NOUN
fbem-14770	192	24	based	base	VERB
fbem-14770	192	25	on	on	ADP
fbem-14770	192	26	improved	improved	ADJ
fbem-14770	192	27	machine	machine	NOUN
fbem-14770	192	28	learning	learn	VERB
fbem-14770	192	29	algorithm	algorithm	NOUN
fbem-14770	192	30	[	[	X
fbem-14770	192	31	j	j	X
fbem-14770	192	32	]	]	X
fbem-14770	192	33	.	.	PUNCT
fbem-14770	193	1	computational	computational	ADJ
fbem-14770	193	2	intelligence	intelligence	NOUN
fbem-14770	193	3	and	and	CCONJ
fbem-14770	193	4	neuroscience	neuroscience	NOUN
fbem-14770	193	5	,	,	PUNCT
fbem-14770	193	6	2022	2022	NUM
fbem-14770	193	7	,	,	PUNCT
fbem-14770	193	8	20225870893	20225870893	NUM
fbem-14770	193	9	-	-	SYM
fbem-14770	193	10	5870893	5870893	NUM
fbem-14770	193	11	.	.	PUNCT
fbem-14770	194	1	[	[	X
fbem-14770	194	2	6	6	NUM
fbem-14770	194	3	]	]	X
fbem-14770	194	4	c.c	c.c	PROPN
fbem-14770	194	5	.	.	PROPN
fbem-14770	194	6	r	r	NOUN
fbem-14770	194	7	.long	.long	NOUN
fbem-14770	194	8	-	-	PUNCT
fbem-14770	194	9	run	run	NOUN
fbem-14770	194	10	linkages	linkage	NOUN
fbem-14770	194	11	of	of	ADP
fbem-14770	194	12	asean+3	asean+3	NOUN
fbem-14770	194	13	floating	float	VERB
fbem-14770	194	14	currencies	currency	NOUN
fbem-14770	194	15	[	[	X
fbem-14770	194	16	j	j	X
fbem-14770	194	17	]	]	X
fbem-14770	194	18	.	.	PUNCT
fbem-14770	195	1	dlsu	dlsu	NOUN
fbem-14770	195	2	business	business	PROPN
fbem-14770	195	3	and	and	CCONJ
fbem-14770	195	4	economics	economic	NOUN
fbem-14770	195	5	review,2018,27(2):1	review,2018,27(2):1	PROPN
fbem-14770	195	6	-	-	PUNCT
fbem-14770	195	7	14	14	NUM
fbem-14770	195	8	.	.	PUNCT
fbem-14770	196	1	[	[	X
fbem-14770	196	2	7	7	X
fbem-14770	196	3	]	]	X
fbem-14770	196	4	robert	robert	PROPN
fbem-14770	196	5	m	m	PROPN
fbem-14770	196	6	a	a	DET
fbem-14770	196	7	l	l	NOUN
fbem-14770	196	8	a	a	DET
fbem-14770	196	9	g	g	NOUN
fbem-14770	196	10	h	h	NOUN
fbem-14770	196	11	b	b	PROPN
fbem-14770	196	12	p	p	PRON
fbem-14770	196	13	.adaptive	.adaptive	ADJ
fbem-14770	196	14	information	information	NOUN
fbem-14770	196	15	-	-	PUNCT
fbem-14770	196	16	based	base	VERB
fbem-14770	196	17	methods	method	NOUN
fbem-14770	196	18	for	for	ADP
fbem-14770	196	19	determining	determine	VERB
fbem-14770	196	20	the	the	DET
fbem-14770	196	21	co	co	NOUN
fbem-14770	196	22	-	-	NOUN
fbem-14770	196	23	integration	integration	NOUN
fbem-14770	196	24	rank	rank	NOUN
fbem-14770	196	25	in	in	ADP
fbem-14770	196	26	heteroskedastic	heteroskedastic	ADJ
fbem-14770	196	27	var	var	PROPN
fbem-14770	196	28	models[j].econometric	models[j].econometric	ADJ
fbem-14770	196	29	reviews,2023,42(9	reviews,2023,42(9	NOUN
fbem-14770	196	30	-	-	PUNCT
fbem-14770	196	31	10):725	10):725	NOUN
fbem-14770	196	32	-	-	PUNCT
fbem-14770	196	33	757	757	NUM
fbem-14770	196	34	.	.	PUNCT
fbem-14770	197	1	[	[	X
fbem-14770	197	2	8	8	X
fbem-14770	197	3	]	]	X
fbem-14770	197	4	dick	dick	NOUN
fbem-14770	197	5	d	d	PROPN
fbem-14770	197	6	e	e	PROPN
fbem-14770	197	7	k	k	PROPN
fbem-14770	197	8	.moments	.moment	NOUN
fbem-14770	197	9	,	,	PUNCT
fbem-14770	197	10	shocks	shock	NOUN
fbem-14770	197	11	and	and	CCONJ
fbem-14770	197	12	spillovers	spillover	NOUN
fbem-14770	197	13	in	in	ADP
fbem-14770	197	14	markovswitching	markovswitche	VERB
fbem-14770	197	15	var	var	NOUN
fbem-14770	197	16	models[j].journal	models[j].journal	PROPN
fbem-14770	197	17	of	of	ADP
fbem-14770	197	18	econometrics	econometric	NOUN
fbem-14770	197	19	,	,	PUNCT
fbem-14770	197	20	2023	2023	NUM
fbem-14770	197	21	,	,	PUNCT
fbem-14770	197	22	236	236	NUM
fbem-14770	197	23	(	(	PUNCT
fbem-14770	197	24	2):33	2):33	NUM
fbem-14770	197	25	.	.	PUNCT
fbem-14770	198	1	[	[	X
fbem-14770	198	2	9	9	NUM
fbem-14770	198	3	]	]	X
fbem-14770	198	4	wei	wei	PROPN
fbem-14770	198	5	s	s	PART
fbem-14770	198	6	.analysis	.analysis	PUNCT
fbem-14770	198	7	of	of	ADP
fbem-14770	198	8	the	the	DET
fbem-14770	198	9	impact	impact	NOUN
fbem-14770	198	10	of	of	ADP
fbem-14770	198	11	china	china	PROPN
fbem-14770	198	12	's	's	PART
fbem-14770	198	13	trade	trade	NOUN
fbem-14770	198	14	with	with	ADP
fbem-14770	198	15	rcep	rcep	PROPN
fbem-14770	198	16	member	member	NOUN
fbem-14770	198	17	states	state	NOUN
fbem-14770	198	18	on	on	ADP
fbem-14770	198	19	china	china	PROPN
fbem-14770	198	20	's	's	PART
fbem-14770	198	21	economy	economy	NOUN
fbem-14770	198	22	based	base	VERB
fbem-14770	198	23	on	on	ADP
fbem-14770	198	24	var	var	PROPN
fbem-14770	198	25	model[j].journal	model[j].journal	PROPN
fbem-14770	198	26	of	of	ADP
fbem-14770	198	27	global	global	ADJ
fbem-14770	198	28	economy	economy	NOUN
fbem-14770	198	29	,	,	PUNCT
fbem-14770	198	30	business	business	NOUN
fbem-14770	198	31	and	and	CCONJ
fbem-14770	198	32	finance	finance	NOUN
fbem-14770	198	33	,	,	PUNCT
fbem-14770	198	34	2023,5(6):35	2023,5(6):35	NUM
fbem-14770	198	35	.	.	PUNCT
fbem-14770	199	1	[	[	X
fbem-14770	199	2	10	10	NUM
fbem-14770	199	3	]	]	PUNCT
fbem-14770	199	4	mohamed	mohame	VERB
fbem-14770	199	5	a	a	PROPN
fbem-14770	199	6	m	m	PROPN
fbem-14770	199	7	a	a	DET
fbem-14770	199	8	.oil	.oil	NOUN
fbem-14770	199	9	price	price	NOUN
fbem-14770	199	10	fluctuations	fluctuation	NOUN
fbem-14770	199	11	and	and	CCONJ
fbem-14770	199	12	economic	economic	ADJ
fbem-14770	199	13	growth	growth	NOUN
fbem-14770	199	14	:	:	PUNCT
fbem-14770	199	15	the	the	DET
fbem-14770	199	16	case	case	NOUN
fbem-14770	199	17	of	of	ADP
fbem-14770	199	18	mena	mena	PROPN
fbem-14770	199	19	countries[j].review	countries[j].review	PROPN
fbem-14770	199	20	of	of	ADP
fbem-14770	199	21	economics	economic	NOUN
fbem-14770	199	22	and	and	CCONJ
fbem-14770	199	23	political	political	ADJ
fbem-14770	199	24	science,2023,8(5):353	science,2023,8(5):353	PROPN
fbem-14770	199	25	-	-	PUNCT
fbem-14770	199	26	379	379	NUM
fbem-14770	199	27	.	.	PUNCT
