id	sid	tid	token	lemma	pos
fbem-2038	1	1	frontiers	frontier	NOUN
fbem-2038	1	2	in	in	ADP
fbem-2038	1	3	business	business	NOUN
fbem-2038	1	4	,	,	PUNCT
fbem-2038	1	5	economics	economic	NOUN
fbem-2038	1	6	and	and	CCONJ
fbem-2038	1	7	management	management	NOUN
fbem-2038	1	8	issn	issn	PROPN
fbem-2038	1	9	:	:	PUNCT
fbem-2038	1	10	2766	2766	NUM
fbem-2038	1	11	-	-	PUNCT
fbem-2038	1	12	824x	824x	NUM
fbem-2038	1	13	|	|	ADJ
fbem-2038	1	14	vol	vol	NOUN
fbem-2038	1	15	.	.	PROPN
fbem-2038	2	1	5	5	NUM
fbem-2038	2	2	,	,	PUNCT
fbem-2038	2	3	no	no	INTJ
fbem-2038	2	4	.	.	NOUN
fbem-2038	2	5	3	3	NUM
fbem-2038	2	6	,	,	PUNCT
fbem-2038	2	7	2022	2022	NUM
fbem-2038	2	8	289	289	NUM
fbem-2038	2	9	research	research	NOUN
fbem-2038	2	10	on	on	ADP
fbem-2038	2	11	the	the	DET
fbem-2038	2	12	inhibitory	inhibitory	ADJ
fbem-2038	2	13	effect	effect	NOUN
fbem-2038	2	14	of	of	ADP
fbem-2038	2	15	excessive	excessive	ADJ
fbem-2038	2	16	financialization	financialization	NOUN
fbem-2038	2	17	on	on	ADP
fbem-2038	2	18	manufacturing	manufacturing	NOUN
fbem-2038	2	19	productivity	productivity	NOUN
fbem-2038	2	20	lingling	lingling	PROPN
fbem-2038	2	21	huang	huang	PROPN
fbem-2038	2	22	,	,	PUNCT
fbem-2038	2	23	ningxue	ningxue	PROPN
fbem-2038	2	24	fan	fan	PROPN
fbem-2038	2	25	,	,	PUNCT
fbem-2038	2	26	zhuowen	zhuowen	PROPN
fbem-2038	2	27	shan	shan	PROPN
fbem-2038	2	28	and	and	CCONJ
fbem-2038	2	29	yuxin	yuxin	PROPN
fbem-2038	2	30	fu	fu	PROPN
fbem-2038	2	31	anhui	anhui	PROPN
fbem-2038	2	32	university	university	PROPN
fbem-2038	2	33	of	of	ADP
fbem-2038	2	34	finance	finance	NOUN
fbem-2038	2	35	and	and	CCONJ
fbem-2038	2	36	economics	economic	NOUN
fbem-2038	2	37	,	,	PUNCT
fbem-2038	2	38	bengbu	bengbu	NOUN
fbem-2038	2	39	,	,	PUNCT
fbem-2038	2	40	233030	233030	NUM
fbem-2038	2	41	,	,	PUNCT
fbem-2038	2	42	china	china	PROPN
fbem-2038	2	43	abstract	abstract	NOUN
fbem-2038	2	44	:	:	PUNCT
fbem-2038	2	45	this	this	DET
fbem-2038	2	46	paper	paper	NOUN
fbem-2038	2	47	takes	take	VERB
fbem-2038	2	48	a	a	DET
fbem-2038	2	49	-	-	PUNCT
fbem-2038	2	50	share	share	NOUN
fbem-2038	2	51	manufacturing	manufacturing	NOUN
fbem-2038	2	52	listed	list	VERB
fbem-2038	2	53	companies	company	NOUN
fbem-2038	2	54	from	from	ADP
fbem-2038	2	55	2008	2008	NUM
fbem-2038	2	56	to	to	ADP
fbem-2038	2	57	2014	2014	NUM
fbem-2038	2	58	as	as	ADP
fbem-2038	2	59	the	the	DET
fbem-2038	2	60	research	research	NOUN
fbem-2038	2	61	object	object	NOUN
fbem-2038	2	62	,	,	PUNCT
fbem-2038	2	63	and	and	CCONJ
fbem-2038	2	64	investigates	investigate	VERB
fbem-2038	2	65	the	the	DET
fbem-2038	2	66	influence	influence	NOUN
fbem-2038	2	67	of	of	ADP
fbem-2038	2	68	financialization	financialization	NOUN
fbem-2038	2	69	on	on	ADP
fbem-2038	2	70	total	total	ADJ
fbem-2038	2	71	factor	factor	NOUN
fbem-2038	2	72	productivity	productivity	NOUN
fbem-2038	2	73	of	of	ADP
fbem-2038	2	74	manufacturing	manufacturing	NOUN
fbem-2038	2	75	enterprises	enterprise	NOUN
fbem-2038	2	76	.	.	PUNCT
fbem-2038	3	1	the	the	DET
fbem-2038	3	2	results	result	NOUN
fbem-2038	3	3	show	show	VERB
fbem-2038	3	4	that	that	SCONJ
fbem-2038	3	5	financialization	financialization	NOUN
fbem-2038	3	6	can	can	AUX
fbem-2038	3	7	significantly	significantly	ADV
fbem-2038	3	8	inhibit	inhibit	VERB
fbem-2038	3	9	the	the	DET
fbem-2038	3	10	improvement	improvement	NOUN
fbem-2038	3	11	of	of	ADP
fbem-2038	3	12	total	total	ADJ
fbem-2038	3	13	factor	factor	NOUN
fbem-2038	3	14	productivity	productivity	NOUN
fbem-2038	3	15	in	in	ADP
fbem-2038	3	16	manufacturing	manufacturing	NOUN
fbem-2038	3	17	industry	industry	NOUN
fbem-2038	3	18	.	.	PUNCT
fbem-2038	4	1	the	the	DET
fbem-2038	4	2	research	research	NOUN
fbem-2038	4	3	of	of	ADP
fbem-2038	4	4	this	this	DET
fbem-2038	4	5	paper	paper	NOUN
fbem-2038	4	6	provides	provide	VERB
fbem-2038	4	7	micro	micro	NOUN
fbem-2038	4	8	-	-	NOUN
fbem-2038	4	9	evidence	evidence	NOUN
fbem-2038	4	10	for	for	ADP
fbem-2038	4	11	the	the	DET
fbem-2038	4	12	influence	influence	NOUN
fbem-2038	4	13	of	of	ADP
fbem-2038	4	14	financialization	financialization	NOUN
fbem-2038	4	15	on	on	ADP
fbem-2038	4	16	total	total	ADJ
fbem-2038	4	17	factor	factor	NOUN
fbem-2038	4	18	productivity	productivity	NOUN
fbem-2038	4	19	,	,	PUNCT
fbem-2038	4	20	and	and	CCONJ
fbem-2038	4	21	also	also	ADV
fbem-2038	4	22	provides	provide	VERB
fbem-2038	4	23	policy	policy	NOUN
fbem-2038	4	24	enlightenment	enlightenment	NOUN
fbem-2038	4	25	for	for	ADP
fbem-2038	4	26	guiding	guide	VERB
fbem-2038	4	27	funds	fund	NOUN
fbem-2038	4	28	to	to	PART
fbem-2038	4	29	"	"	PUNCT
fbem-2038	4	30	break	break	VERB
fbem-2038	4	31	away	away	ADV
fbem-2038	4	32	from	from	ADP
fbem-2038	4	33	reality	reality	NOUN
fbem-2038	4	34	to	to	ADP
fbem-2038	4	35	emptiness	emptiness	NOUN
fbem-2038	4	36	"	"	PUNCT
fbem-2038	4	37	.	.	PUNCT
fbem-2038	5	1	keywords	keyword	NOUN
fbem-2038	5	2	:	:	PUNCT
fbem-2038	5	3	enterprise	enterprise	NOUN
fbem-2038	5	4	financialization	financialization	NOUN
fbem-2038	5	5	,	,	PUNCT
fbem-2038	5	6	total	total	ADJ
fbem-2038	5	7	factor	factor	NOUN
fbem-2038	5	8	productivity	productivity	NOUN
fbem-2038	5	9	.	.	PUNCT
fbem-2038	6	1	1	1	X
fbem-2038	6	2	.	.	X
fbem-2038	6	3	introduction	introduction	NOUN
fbem-2038	6	4	and	and	CCONJ
fbem-2038	6	5	literature	literature	NOUN
fbem-2038	6	6	review	review	VERB
fbem-2038	6	7	the	the	DET
fbem-2038	6	8	report	report	NOUN
fbem-2038	6	9	of	of	ADP
fbem-2038	6	10	the	the	DET
fbem-2038	6	11	19th	19th	ADJ
fbem-2038	6	12	national	national	ADJ
fbem-2038	6	13	congress	congress	PROPN
fbem-2038	6	14	of	of	ADP
fbem-2038	6	15	the	the	DET
fbem-2038	6	16	communist	communist	PROPN
fbem-2038	6	17	party	party	PROPN
fbem-2038	6	18	of	of	ADP
fbem-2038	6	19	china	china	PROPN
fbem-2038	6	20	pointed	point	VERB
fbem-2038	6	21	out	out	ADP
fbem-2038	6	22	that	that	SCONJ
fbem-2038	6	23	china	china	PROPN
fbem-2038	6	24	's	's	PART
fbem-2038	6	25	economy	economy	NOUN
fbem-2038	6	26	has	have	AUX
fbem-2038	6	27	entered	enter	VERB
fbem-2038	6	28	a	a	DET
fbem-2038	6	29	high	high	ADJ
fbem-2038	6	30	-	-	PUNCT
fbem-2038	6	31	quality	quality	NOUN
fbem-2038	6	32	development	development	NOUN
fbem-2038	6	33	stage	stage	NOUN
fbem-2038	6	34	from	from	ADP
fbem-2038	6	35	a	a	DET
fbem-2038	6	36	high	high	ADJ
fbem-2038	6	37	-	-	PUNCT
fbem-2038	6	38	speed	speed	NOUN
fbem-2038	6	39	growth	growth	NOUN
fbem-2038	6	40	stage	stage	NOUN
fbem-2038	6	41	.	.	PUNCT
fbem-2038	7	1	the	the	DET
fbem-2038	7	2	foundation	foundation	NOUN
fbem-2038	7	3	of	of	ADP
fbem-2038	7	4	high	high	ADJ
fbem-2038	7	5	-	-	PUNCT
fbem-2038	7	6	quality	quality	NOUN
fbem-2038	7	7	development	development	NOUN
fbem-2038	7	8	lies	lie	VERB
fbem-2038	7	9	in	in	ADP
fbem-2038	7	10	the	the	DET
fbem-2038	7	11	vitality	vitality	NOUN
fbem-2038	7	12	,	,	PUNCT
fbem-2038	7	13	innovation	innovation	NOUN
fbem-2038	7	14	and	and	CCONJ
fbem-2038	7	15	competitiveness	competitiveness	NOUN
fbem-2038	7	16	of	of	ADP
fbem-2038	7	17	the	the	DET
fbem-2038	7	18	economy	economy	NOUN
fbem-2038	7	19	.	.	PUNCT
fbem-2038	8	1	high	high	ADJ
fbem-2038	8	2	-	-	PUNCT
fbem-2038	8	3	quality	quality	NOUN
fbem-2038	8	4	development	development	NOUN
fbem-2038	8	5	should	should	AUX
fbem-2038	8	6	be	be	AUX
fbem-2038	8	7	based	base	VERB
fbem-2038	8	8	on	on	ADP
fbem-2038	8	9	the	the	DET
fbem-2038	8	10	improvement	improvement	NOUN
fbem-2038	8	11	of	of	ADP
fbem-2038	8	12	production	production	NOUN
fbem-2038	8	13	factors	factor	NOUN
fbem-2038	8	14	,	,	PUNCT
fbem-2038	8	15	productivity	productivity	NOUN
fbem-2038	8	16	and	and	CCONJ
fbem-2038	8	17	total	total	ADJ
fbem-2038	8	18	factor	factor	NOUN
fbem-2038	8	19	efficiency	efficiency	NOUN
fbem-2038	8	20	.	.	PUNCT
fbem-2038	9	1	building	build	VERB
fbem-2038	9	2	a	a	DET
fbem-2038	9	3	modern	modern	ADJ
fbem-2038	9	4	economic	economic	ADJ
fbem-2038	9	5	system	system	NOUN
fbem-2038	9	6	is	be	AUX
fbem-2038	9	7	an	an	DET
fbem-2038	9	8	urgent	urgent	ADJ
fbem-2038	9	9	requirement	requirement	NOUN
fbem-2038	9	10	to	to	PART
fbem-2038	9	11	cross	cross	VERB
fbem-2038	9	12	the	the	DET
fbem-2038	9	13	threshold	threshold	NOUN
fbem-2038	9	14	and	and	CCONJ
fbem-2038	9	15	a	a	DET
fbem-2038	9	16	strategic	strategic	ADJ
fbem-2038	9	17	goal	goal	NOUN
fbem-2038	9	18	of	of	ADP
fbem-2038	9	19	china	china	PROPN
fbem-2038	9	20	's	's	PART
fbem-2038	9	21	development[1	development[1	PROPN
fbem-2038	9	22	]	]	X
fbem-2038	9	23	.	.	PUNCT
fbem-2038	10	1	to	to	PART
fbem-2038	10	2	achieve	achieve	VERB
fbem-2038	10	3	this	this	DET
fbem-2038	10	4	goal	goal	NOUN
fbem-2038	10	5	,	,	PUNCT
fbem-2038	10	6	we	we	PRON
fbem-2038	10	7	must	must	AUX
fbem-2038	10	8	adhere	adhere	VERB
fbem-2038	10	9	to	to	ADP
fbem-2038	10	10	quality	quality	NOUN
fbem-2038	10	11	first	first	ADV
fbem-2038	10	12	and	and	CCONJ
fbem-2038	10	13	benefit	benefit	VERB
fbem-2038	10	14	first	first	ADV
fbem-2038	10	15	,	,	PUNCT
fbem-2038	10	16	improve	improve	VERB
fbem-2038	10	17	total	total	ADJ
fbem-2038	10	18	factor	factor	NOUN
fbem-2038	10	19	productivity	productivity	NOUN
fbem-2038	10	20	,	,	PUNCT
fbem-2038	10	21	and	and	CCONJ
fbem-2038	10	22	constantly	constantly	ADV
fbem-2038	10	23	enhance	enhance	VERB
fbem-2038	10	24	china	china	PROPN
fbem-2038	10	25	's	's	PART
fbem-2038	10	26	innovation	innovation	NOUN
fbem-2038	10	27	and	and	CCONJ
fbem-2038	10	28	competitiveness	competitiveness	NOUN
fbem-2038	10	29	.	.	PUNCT
fbem-2038	11	1	manufacturing	manufacturing	NOUN
fbem-2038	11	2	is	be	AUX
fbem-2038	11	3	the	the	DET
fbem-2038	11	4	pillar	pillar	NOUN
fbem-2038	11	5	industry	industry	NOUN
fbem-2038	11	6	of	of	ADP
fbem-2038	11	7	the	the	DET
fbem-2038	11	8	national	national	ADJ
fbem-2038	11	9	economy	economy	NOUN
fbem-2038	11	10	,	,	PUNCT
fbem-2038	11	11	and	and	CCONJ
fbem-2038	11	12	the	the	DET
fbem-2038	11	13	real	real	ADJ
fbem-2038	11	14	economy	economy	NOUN
fbem-2038	11	15	represented	represent	VERB
fbem-2038	11	16	by	by	ADP
fbem-2038	11	17	manufacturing	manufacturing	NOUN
fbem-2038	11	18	is	be	AUX
fbem-2038	11	19	the	the	DET
fbem-2038	11	20	foundation	foundation	NOUN
fbem-2038	11	21	of	of	ADP
fbem-2038	11	22	our	our	PRON
fbem-2038	11	23	country	country	NOUN
fbem-2038	11	24	,	,	PUNCT
fbem-2038	11	25	the	the	DET
fbem-2038	11	26	instrument	instrument	NOUN
fbem-2038	11	27	of	of	ADP
fbem-2038	11	28	rejuvenating	rejuvenate	VERB
fbem-2038	11	29	the	the	DET
fbem-2038	11	30	country	country	NOUN
fbem-2038	11	31	and	and	CCONJ
fbem-2038	11	32	the	the	DET
fbem-2038	11	33	foundation	foundation	NOUN
fbem-2038	11	34	of	of	ADP
fbem-2038	11	35	strengthening	strengthen	VERB
fbem-2038	11	36	the	the	DET
fbem-2038	11	37	country	country	NOUN
fbem-2038	11	38	.	.	PUNCT
fbem-2038	12	1	however	however	ADV
fbem-2038	12	2	,	,	PUNCT
fbem-2038	12	3	there	there	PRON
fbem-2038	12	4	is	be	VERB
fbem-2038	12	5	a	a	DET
fbem-2038	12	6	certain	certain	ADJ
fbem-2038	12	7	gap	gap	NOUN
fbem-2038	12	8	between	between	ADP
fbem-2038	12	9	its	its	PRON
fbem-2038	12	10	production	production	NOUN
fbem-2038	12	11	efficiency	efficiency	NOUN
fbem-2038	12	12	and	and	CCONJ
fbem-2038	12	13	the	the	DET
fbem-2038	12	14	advanced	advanced	ADJ
fbem-2038	12	15	level	level	NOUN
fbem-2038	12	16	in	in	ADP
fbem-2038	12	17	the	the	DET
fbem-2038	12	18	world[2	world[2	NOUN
fbem-2038	12	19	]	]	X
fbem-2038	12	20	.	.	PUNCT
fbem-2038	13	1	therefore	therefore	ADV
fbem-2038	13	2	,	,	PUNCT
fbem-2038	13	3	the	the	DET
fbem-2038	13	4	decisive	decisive	ADJ
fbem-2038	13	5	role	role	NOUN
fbem-2038	13	6	of	of	ADP
fbem-2038	13	7	total	total	ADJ
fbem-2038	13	8	factor	factor	NOUN
fbem-2038	13	9	productivity	productivity	NOUN
fbem-2038	13	10	is	be	AUX
fbem-2038	13	11	becoming	become	VERB
fbem-2038	13	12	more	more	ADV
fbem-2038	13	13	and	and	CCONJ
fbem-2038	13	14	more	more	ADV
fbem-2038	13	15	important	important	ADJ
fbem-2038	13	16	from	from	ADP
fbem-2038	13	17	the	the	DET
fbem-2038	13	18	perspective	perspective	NOUN
fbem-2038	13	19	of	of	ADP
fbem-2038	13	20	promoting	promote	VERB
fbem-2038	13	21	china	china	PROPN
fbem-2038	13	22	's	's	PART
fbem-2038	13	23	economic	economic	ADJ
fbem-2038	13	24	transformation	transformation	NOUN
fbem-2038	13	25	and	and	CCONJ
fbem-2038	13	26	upgrading	upgrading	NOUN
fbem-2038	13	27	,	,	PUNCT
fbem-2038	13	28	or	or	CCONJ
fbem-2038	13	29	from	from	ADP
fbem-2038	13	30	the	the	DET
fbem-2038	13	31	perspective	perspective	NOUN
fbem-2038	13	32	of	of	ADP
fbem-2038	13	33	moving	move	VERB
fbem-2038	13	34	from	from	ADP
fbem-2038	13	35	a	a	DET
fbem-2038	13	36	"	"	PUNCT
fbem-2038	13	37	manufacturing	manufacturing	NOUN
fbem-2038	13	38	power	power	NOUN
fbem-2038	13	39	"	"	PUNCT
fbem-2038	13	40	to	to	ADP
fbem-2038	13	41	a	a	DET
fbem-2038	13	42	"	"	PUNCT
fbem-2038	13	43	manufacturing	manufacturing	NOUN
fbem-2038	13	44	power	power	NOUN
fbem-2038	13	45	"	"	PUNCT
fbem-2038	13	46	.	.	PUNCT
fbem-2038	14	1	during	during	ADP
fbem-2038	14	2	the	the	DET
fbem-2038	14	3	13th	13th	ADJ
fbem-2038	14	4	collective	collective	ADJ
fbem-2038	14	5	study	study	NOUN
fbem-2038	14	6	in	in	ADP
fbem-2038	14	7	the	the	DET
fbem-2038	14	8	political	political	ADJ
fbem-2038	14	9	bureau	bureau	NOUN
fbem-2038	14	10	of	of	ADP
fbem-2038	14	11	the	the	DET
fbem-2038	14	12	communist	communist	PROPN
fbem-2038	14	13	party	party	PROPN
fbem-2038	14	14	of	of	ADP
fbem-2038	14	15	china	china	PROPN
fbem-2038	14	16	(	(	PUNCT
fbem-2038	14	17	cpc	cpc	PROPN
fbem-2038	14	18	)	)	PUNCT
fbem-2038	14	19	central	central	ADJ
fbem-2038	14	20	committee	committee	NOUN
fbem-2038	14	21	,	,	PUNCT
fbem-2038	14	22	secretary	secretary	NOUN
fbem-2038	14	23	xi	xi	PROPN
fbem-2038	14	24	jinping	jinping	PROPN
fbem-2038	14	25	emphasized	emphasize	VERB
fbem-2038	14	26	deepening	deepen	VERB
fbem-2038	14	27	the	the	DET
fbem-2038	14	28	structural	structural	ADJ
fbem-2038	14	29	reform	reform	NOUN
fbem-2038	14	30	of	of	ADP
fbem-2038	14	31	the	the	DET
fbem-2038	14	32	financial	financial	ADJ
fbem-2038	14	33	supply	supply	NOUN
fbem-2038	14	34	side	side	NOUN
fbem-2038	14	35	and	and	CCONJ
fbem-2038	14	36	enhancing	enhance	VERB
fbem-2038	14	37	the	the	DET
fbem-2038	14	38	ability	ability	NOUN
fbem-2038	14	39	of	of	ADP
fbem-2038	14	40	financial	financial	ADJ
fbem-2038	14	41	services	service	NOUN
fbem-2038	14	42	to	to	ADP
fbem-2038	14	43	the	the	DET
fbem-2038	14	44	real	real	ADJ
fbem-2038	14	45	economy	economy	NOUN
fbem-2038	14	46	.	.	PUNCT
fbem-2038	15	1	however	however	ADV
fbem-2038	15	2	,	,	PUNCT
fbem-2038	15	3	under	under	ADP
fbem-2038	15	4	the	the	DET
fbem-2038	15	5	background	background	NOUN
fbem-2038	15	6	of	of	ADP
fbem-2038	15	7	virtual	virtual	ADJ
fbem-2038	15	8	world	world	NOUN
fbem-2038	15	9	economy	economy	NOUN
fbem-2038	15	10	and	and	CCONJ
fbem-2038	15	11	high	high	ADJ
fbem-2038	15	12	return	return	NOUN
fbem-2038	15	13	of	of	ADP
fbem-2038	15	14	financial	financial	ADJ
fbem-2038	15	15	capital	capital	NOUN
fbem-2038	15	16	,	,	PUNCT
fbem-2038	15	17	economic	economic	ADJ
fbem-2038	15	18	financialization	financialization	NOUN
fbem-2038	15	19	has	have	AUX
fbem-2038	15	20	become	become	VERB
fbem-2038	15	21	a	a	DET
fbem-2038	15	22	major	major	ADJ
fbem-2038	15	23	trend	trend	NOUN
fbem-2038	15	24	of	of	ADP
fbem-2038	15	25	economic	economic	ADJ
fbem-2038	15	26	development	development	NOUN
fbem-2038	15	27	in	in	ADP
fbem-2038	15	28	various	various	ADJ
fbem-2038	15	29	countries	country	NOUN
fbem-2038	15	30	.	.	PUNCT
fbem-2038	16	1	in	in	ADP
fbem-2038	16	2	recent	recent	ADJ
fbem-2038	16	3	years	year	NOUN
fbem-2038	16	4	,	,	PUNCT
fbem-2038	16	5	the	the	DET
fbem-2038	16	6	development	development	NOUN
fbem-2038	16	7	goals	goal	NOUN
fbem-2038	16	8	of	of	ADP
fbem-2038	16	9	more	more	ADJ
fbem-2038	16	10	and	and	CCONJ
fbem-2038	16	11	more	more	ADJ
fbem-2038	16	12	entity	entity	NOUN
fbem-2038	16	13	enterprises	enterprise	NOUN
fbem-2038	16	14	,	,	PUNCT
fbem-2038	16	15	especially	especially	ADV
fbem-2038	16	16	manufacturing	manufacturing	NOUN
fbem-2038	16	17	enterprises	enterprise	NOUN
fbem-2038	16	18	,	,	PUNCT
fbem-2038	16	19	have	have	AUX
fbem-2038	16	20	shifted	shift	VERB
fbem-2038	16	21	to	to	ADP
fbem-2038	16	22	the	the	DET
fbem-2038	16	23	financial	financial	ADJ
fbem-2038	16	24	field	field	NOUN
fbem-2038	16	25	,	,	PUNCT
fbem-2038	16	26	which	which	PRON
fbem-2038	16	27	not	not	PART
fbem-2038	16	28	only	only	ADV
fbem-2038	16	29	weakens	weaken	VERB
fbem-2038	16	30	the	the	DET
fbem-2038	16	31	willingness	willingness	NOUN
fbem-2038	16	32	of	of	ADP
fbem-2038	16	33	enterprises	enterprise	NOUN
fbem-2038	16	34	to	to	PART
fbem-2038	16	35	expand	expand	VERB
fbem-2038	16	36	reproduction	reproduction	NOUN
fbem-2038	16	37	and	and	CCONJ
fbem-2038	16	38	innovation	innovation	NOUN
fbem-2038	16	39	,	,	PUNCT
fbem-2038	16	40	but	but	CCONJ
fbem-2038	16	41	also	also	ADV
fbem-2038	16	42	reduces	reduce	VERB
fbem-2038	16	43	the	the	DET
fbem-2038	16	44	investment	investment	NOUN
fbem-2038	16	45	in	in	ADP
fbem-2038	16	46	equipment	equipment	NOUN
fbem-2038	16	47	renewal	renewal	NOUN
fbem-2038	16	48	and	and	CCONJ
fbem-2038	16	49	r&d	r&d	NOUN
fbem-2038	16	50	innovation	innovation	NOUN
fbem-2038	16	51	,	,	PUNCT
fbem-2038	16	52	and	and	CCONJ
fbem-2038	16	53	is	be	AUX
fbem-2038	16	54	detrimental	detrimental	ADJ
fbem-2038	16	55	to	to	ADP
fbem-2038	16	56	the	the	DET
fbem-2038	16	57	longterm	longterm	PROPN
fbem-2038	16	58	development	development	NOUN
fbem-2038	16	59	of	of	ADP
fbem-2038	16	60	enterprises	enterprise	NOUN
fbem-2038	16	61	,	,	PUNCT
fbem-2038	16	62	thus	thus	ADV
fbem-2038	16	63	restricting	restrict	VERB
fbem-2038	16	64	the	the	DET
fbem-2038	16	65	improvement	improvement	NOUN
fbem-2038	16	66	of	of	ADP
fbem-2038	16	67	their	their	PRON
fbem-2038	16	68	total	total	ADJ
fbem-2038	16	69	factor	factor	NOUN
fbem-2038	16	70	productivity[3	productivity[3	PROPN
fbem-2038	16	71	]	]	PUNCT
fbem-2038	16	72	.	.	PUNCT
fbem-2038	17	1	total	total	ADJ
fbem-2038	17	2	factor	factor	NOUN
fbem-2038	17	3	productivity	productivity	NOUN
fbem-2038	17	4	(	(	PUNCT
fbem-2038	17	5	tfp	tfp	PROPN
fbem-2038	17	6	)	)	PUNCT
fbem-2038	17	7	is	be	AUX
fbem-2038	17	8	an	an	DET
fbem-2038	17	9	important	important	ADJ
fbem-2038	17	10	factor	factor	NOUN
fbem-2038	17	11	affecting	affect	VERB
fbem-2038	17	12	the	the	DET
fbem-2038	17	13	sustainable	sustainable	ADJ
fbem-2038	17	14	development	development	NOUN
fbem-2038	17	15	of	of	ADP
fbem-2038	17	16	enterprises	enterprise	NOUN
fbem-2038	17	17	,	,	PUNCT
fbem-2038	17	18	and	and	CCONJ
fbem-2038	17	19	it	it	PRON
fbem-2038	17	20	is	be	AUX
fbem-2038	17	21	also	also	ADV
fbem-2038	17	22	an	an	DET
fbem-2038	17	23	important	important	ADJ
fbem-2038	17	24	embodiment	embodiment	NOUN
fbem-2038	17	25	of	of	ADP
fbem-2038	17	26	the	the	DET
fbem-2038	17	27	core	core	NOUN
fbem-2038	17	28	competitiveness	competitiveness	NOUN
fbem-2038	17	29	of	of	ADP
fbem-2038	17	30	enterprises	enterprise	NOUN
fbem-2038	17	31	.	.	PUNCT
fbem-2038	18	1	under	under	ADP
fbem-2038	18	2	this	this	DET
fbem-2038	18	3	background	background	NOUN
fbem-2038	18	4	,	,	PUNCT
fbem-2038	18	5	is	be	AUX
fbem-2038	18	6	there	there	PRON
fbem-2038	18	7	a	a	DET
fbem-2038	18	8	close	close	ADJ
fbem-2038	18	9	relationship	relationship	NOUN
fbem-2038	18	10	between	between	ADP
fbem-2038	18	11	financialization	financialization	NOUN
fbem-2038	18	12	and	and	CCONJ
fbem-2038	18	13	tfp	tfp	PROPN
fbem-2038	18	14	of	of	ADP
fbem-2038	18	15	manufacturing	manufacturing	NOUN
fbem-2038	18	16	enterprises	enterprise	NOUN
fbem-2038	18	17	in	in	ADP
fbem-2038	18	18	china	china	PROPN
fbem-2038	18	19	?	?	PUNCT
fbem-2038	19	1	what	what	PRON
fbem-2038	19	2	is	be	AUX
fbem-2038	19	3	the	the	DET
fbem-2038	19	4	degree	degree	NOUN
fbem-2038	19	5	and	and	CCONJ
fbem-2038	19	6	trend	trend	NOUN
fbem-2038	19	7	of	of	ADP
fbem-2038	19	8	financial	financial	ADJ
fbem-2038	19	9	influence	influence	NOUN
fbem-2038	19	10	on	on	ADP
fbem-2038	19	11	total	total	ADJ
fbem-2038	19	12	factor	factor	NOUN
fbem-2038	19	13	productivity	productivity	NOUN
fbem-2038	19	14	?	?	PUNCT
fbem-2038	20	1	these	these	DET
fbem-2038	20	2	questions	question	NOUN
fbem-2038	20	3	need	need	VERB
fbem-2038	20	4	to	to	PART
fbem-2038	20	5	be	be	AUX
fbem-2038	20	6	studied	study	VERB
fbem-2038	20	7	and	and	CCONJ
fbem-2038	20	8	answered	answer	VERB
fbem-2038	20	9	urgently	urgently	ADV
fbem-2038	20	10	.	.	PUNCT
fbem-2038	21	1	2	2	X
fbem-2038	21	2	.	.	X
fbem-2038	21	3	data	datum	NOUN
fbem-2038	21	4	processing	processing	NOUN
fbem-2038	21	5	and	and	CCONJ
fbem-2038	21	6	model	model	NOUN
fbem-2038	21	7	setting	set	VERB
fbem-2038	21	8	2.1	2.1	NUM
fbem-2038	21	9	.	.	PUNCT
fbem-2038	22	1	samples	sample	NOUN
fbem-2038	22	2	and	and	CCONJ
fbem-2038	22	3	data	datum	NOUN
fbem-2038	22	4	sources	source	NOUN
fbem-2038	22	5	the	the	DET
fbem-2038	22	6	research	research	NOUN
fbem-2038	22	7	samples	sample	NOUN
fbem-2038	22	8	of	of	ADP
fbem-2038	22	9	this	this	DET
fbem-2038	22	10	paper	paper	NOUN
fbem-2038	22	11	are	be	AUX
fbem-2038	22	12	from	from	ADP
fbem-2038	22	13	a	a	DET
fbem-2038	22	14	-	-	PUNCT
fbem-2038	22	15	share	share	NOUN
fbem-2038	22	16	manufacturing	manufacturing	NOUN
fbem-2038	22	17	listed	list	VERB
fbem-2038	22	18	companies	company	NOUN
fbem-2038	22	19	in	in	ADP
fbem-2038	22	20	shanghai	shanghai	PROPN
fbem-2038	22	21	and	and	CCONJ
fbem-2038	22	22	shenzhen	shenzhen	PROPN
fbem-2038	22	23	stock	stock	NOUN
fbem-2038	22	24	markets	market	NOUN
fbem-2038	22	25	,	,	PUNCT
fbem-2038	22	26	and	and	CCONJ
fbem-2038	22	27	the	the	DET
fbem-2038	22	28	sample	sample	NOUN
fbem-2038	22	29	span	span	NOUN
fbem-2038	22	30	is	be	AUX
fbem-2038	22	31	from	from	ADP
fbem-2038	22	32	2008	2008	NUM
fbem-2038	22	33	to	to	ADP
fbem-2038	22	34	2018	2018	NUM
fbem-2038	22	35	.	.	PUNCT
fbem-2038	23	1	because	because	SCONJ
fbem-2038	23	2	the	the	DET
fbem-2038	23	3	explained	explain	VERB
fbem-2038	23	4	variable	variable	ADJ
fbem-2038	23	5	tfp	tfp	PROPN
fbem-2038	23	6	is	be	AUX
fbem-2038	23	7	the	the	DET
fbem-2038	23	8	next	next	ADJ
fbem-2038	23	9	data	datum	NOUN
fbem-2038	23	10	in	in	ADP
fbem-2038	23	11	the	the	DET
fbem-2038	23	12	regression	regression	NOUN
fbem-2038	23	13	,	,	PUNCT
fbem-2038	23	14	the	the	DET
fbem-2038	23	15	data	datum	NOUN
fbem-2038	23	16	involved	involve	VERB
fbem-2038	23	17	in	in	ADP
fbem-2038	23	18	calculating	calculate	VERB
fbem-2038	23	19	tfp	tfp	PROPN
fbem-2038	23	20	is	be	AUX
fbem-2038	23	21	from	from	ADP
fbem-2038	23	22	2009	2009	NUM
fbem-2038	23	23	to	to	ADP
fbem-2038	23	24	2019[4	2019[4	NUM
fbem-2038	23	25	]	]	PUNCT
fbem-2038	23	26	.	.	PUNCT
fbem-2038	24	1	after	after	ADP
fbem-2038	24	2	data	data	NOUN
fbem-2038	24	3	collection	collection	NOUN
fbem-2038	24	4	,	,	PUNCT
fbem-2038	24	5	the	the	DET
fbem-2038	24	6	samples	sample	NOUN
fbem-2038	24	7	were	be	AUX
fbem-2038	24	8	screened	screen	VERB
fbem-2038	24	9	according	accord	VERB
fbem-2038	24	10	to	to	ADP
fbem-2038	24	11	the	the	DET
fbem-2038	24	12	following	follow	VERB
fbem-2038	24	13	steps:①exclude	steps:①exclude	PROPN
fbem-2038	24	14	st	st	PROPN
fbem-2038	24	15	,	,	PUNCT
fbem-2038	24	16	*	*	PUNCT
fbem-2038	24	17	st	st	PROPN
fbem-2038	24	18	and	and	CCONJ
fbem-2038	24	19	pt	pt	PROPN
fbem-2038	24	20	listed	list	VERB
fbem-2038	24	21	companies	company	NOUN
fbem-2038	24	22	;	;	PUNCT
fbem-2038	24	23	②	②	NUM
fbem-2038	24	24	eliminate	eliminate	VERB
fbem-2038	24	25	listed	list	VERB
fbem-2038	24	26	companies	company	NOUN
fbem-2038	24	27	that	that	PRON
fbem-2038	24	28	issue	issue	VERB
fbem-2038	24	29	h	h	NOUN
fbem-2038	24	30	shares	share	NOUN
fbem-2038	24	31	,	,	PUNCT
fbem-2038	24	32	n	n	CCONJ
fbem-2038	24	33	shares	share	NOUN
fbem-2038	24	34	or	or	CCONJ
fbem-2038	24	35	b	b	NOUN
fbem-2038	24	36	shares	share	NOUN
fbem-2038	24	37	at	at	ADP
fbem-2038	24	38	the	the	DET
fbem-2038	24	39	same	same	ADJ
fbem-2038	24	40	time	time	NOUN
fbem-2038	24	41	;	;	PUNCT
fbem-2038	24	42	③	③	NUM
fbem-2038	24	43	eliminate	eliminate	VERB
fbem-2038	24	44	the	the	DET
fbem-2038	24	45	companies	company	NOUN
fbem-2038	24	46	listed	list	VERB
fbem-2038	24	47	in	in	ADP
fbem-2038	24	48	the	the	DET
fbem-2038	24	49	current	current	ADJ
fbem-2038	24	50	year	year	NOUN
fbem-2038	24	51	,	,	PUNCT
fbem-2038	24	52	i.e.	i.e.	X
fbem-2038	24	53	ipo	ipo	NOUN
fbem-2038	24	54	;	;	PUNCT
fbem-2038	24	55	(	(	PUNCT
fbem-2038	24	56	4	4	X
fbem-2038	24	57	)	)	PUNCT
fbem-2038	24	58	exclude	exclude	VERB
fbem-2038	24	59	listed	list	VERB
fbem-2038	24	60	companies	company	NOUN
fbem-2038	24	61	with	with	ADP
fbem-2038	24	62	major	major	ADJ
fbem-2038	24	63	asset	asset	NOUN
fbem-2038	24	64	restructuring	restructuring	NOUN
fbem-2038	24	65	and	and	CCONJ
fbem-2038	24	66	mergers	merger	NOUN
fbem-2038	24	67	and	and	CCONJ
fbem-2038	24	68	acquisitions	acquisition	NOUN
fbem-2038	24	69	in	in	ADP
fbem-2038	24	70	that	that	DET
fbem-2038	24	71	year:⑤eliminate	year:⑤eliminate	PROPN
fbem-2038	24	72	listed	list	VERB
fbem-2038	24	73	companies	company	NOUN
fbem-2038	24	74	with	with	ADP
fbem-2038	24	75	missing	miss	VERB
fbem-2038	24	76	data[5	data[5	NUM
fbem-2038	24	77	]	]	PUNCT
fbem-2038	24	78	.	.	PUNCT
fbem-2038	25	1	the	the	DET
fbem-2038	25	2	sample	sample	NOUN
fbem-2038	25	3	data	datum	NOUN
fbem-2038	25	4	comes	come	VERB
fbem-2038	25	5	from	from	ADP
fbem-2038	25	6	three	three	NUM
fbem-2038	25	7	authoritative	authoritative	ADJ
fbem-2038	25	8	databases	database	NOUN
fbem-2038	25	9	of	of	ADP
fbem-2038	25	10	csmar	csmar	PROPN
fbem-2038	25	11	,	,	PUNCT
fbem-2038	25	12	wind	wind	NOUN
fbem-2038	25	13	and	and	CCONJ
fbem-2038	25	14	ccer	ccer	NOUN
fbem-2038	25	15	in	in	ADP
fbem-2038	25	16	china	china	PROPN
fbem-2038	25	17	,	,	PUNCT
fbem-2038	25	18	and	and	CCONJ
fbem-2038	25	19	is	be	AUX
fbem-2038	25	20	cross	cross	ADJ
fbem-2038	25	21	-	-	ADJ
fbem-2038	25	22	checked	check	VERB
fbem-2038	25	23	according	accord	VERB
fbem-2038	25	24	to	to	ADP
fbem-2038	25	25	different	different	ADJ
fbem-2038	25	26	database	database	NOUN
fbem-2038	25	27	information	information	NOUN
fbem-2038	25	28	to	to	PART
fbem-2038	25	29	ensure	ensure	VERB
fbem-2038	25	30	the	the	DET
fbem-2038	25	31	accuracy	accuracy	NOUN
fbem-2038	25	32	of	of	ADP
fbem-2038	25	33	the	the	DET
fbem-2038	25	34	data	datum	NOUN
fbem-2038	25	35	.	.	PUNCT
fbem-2038	26	1	for	for	ADP
fbem-2038	26	2	the	the	DET
fbem-2038	26	3	missing	miss	VERB
fbem-2038	26	4	data	datum	NOUN
fbem-2038	26	5	,	,	PUNCT
fbem-2038	26	6	it	it	PRON
fbem-2038	26	7	is	be	AUX
fbem-2038	26	8	supplemented	supplement	VERB
fbem-2038	26	9	by	by	ADP
fbem-2038	26	10	searching	search	VERB
fbem-2038	26	11	the	the	DET
fbem-2038	26	12	annual	annual	ADJ
fbem-2038	26	13	reports	report	NOUN
fbem-2038	26	14	of	of	ADP
fbem-2038	26	15	listed	list	VERB
fbem-2038	26	16	companies	company	NOUN
fbem-2038	26	17	.	.	PUNCT
fbem-2038	27	1	2.2	2.2	NUM
fbem-2038	27	2	.	.	PUNCT
fbem-2038	27	3	variable	variable	ADJ
fbem-2038	27	4	measurement	measurement	NOUN
fbem-2038	27	5	(	(	PUNCT
fbem-2038	27	6	1	1	X
fbem-2038	27	7	)	)	PUNCT
fbem-2038	27	8	explained	explain	VERB
fbem-2038	27	9	variable	variable	NOUN
fbem-2038	27	10	:	:	PUNCT
fbem-2038	27	11	the	the	DET
fbem-2038	27	12	explained	explain	VERB
fbem-2038	27	13	variable	variable	NOUN
fbem-2038	27	14	of	of	ADP
fbem-2038	27	15	this	this	DET
fbem-2038	27	16	paper	paper	NOUN
fbem-2038	27	17	is	be	AUX
fbem-2038	27	18	the	the	DET
fbem-2038	27	19	total	total	ADJ
fbem-2038	27	20	factor	factor	NOUN
fbem-2038	27	21	productivity	productivity	NOUN
fbem-2038	27	22	(	(	PUNCT
fbem-2038	27	23	tfp	tfp	PROPN
fbem-2038	27	24	)	)	PUNCT
fbem-2038	27	25	of	of	ADP
fbem-2038	27	26	enterprises	enterprise	NOUN
fbem-2038	27	27	.	.	PUNCT
fbem-2038	28	1	based	base	VERB
fbem-2038	28	2	on	on	ADP
fbem-2038	28	3	giannetti	giannetti	PROPN
fbem-2038	28	4	et	et	NOUN
fbem-2038	28	5	al.(2015	al.(2015	PROPN
fbem-2038	28	6	)	)	PUNCT
fbem-2038	28	7	'	'	PART
fbem-2038	28	8	s	s	PROPN
fbem-2038	28	9	estimation	estimation	NOUN
fbem-2038	28	10	method	method	NOUN
fbem-2038	28	11	of	of	ADP
fbem-2038	28	12	tfp	tfp	PROPN
fbem-2038	28	13	,	,	PUNCT
fbem-2038	28	14	this	this	DET
fbem-2038	28	15	paper	paper	NOUN
fbem-2038	28	16	estimates	estimate	VERB
fbem-2038	28	17	the	the	DET
fbem-2038	28	18	total	total	ADJ
fbem-2038	28	19	factor	factor	NOUN
fbem-2038	28	20	productivity	productivity	NOUN
fbem-2038	28	21	of	of	ADP
fbem-2038	28	22	listed	list	VERB
fbem-2038	28	23	companies	company	NOUN
fbem-2038	28	24	in	in	ADP
fbem-2038	28	25	manufacturing	manufacture	VERB
fbem-2038	28	26	industry	industry	NOUN
fbem-2038	28	27	by	by	ADP
fbem-2038	28	28	using	use	VERB
fbem-2038	28	29	cobb	cobb	PROPN
fbem-2038	28	30	-	-	PUNCT
fbem-2038	28	31	douglas	douglas	PROPN
fbem-2038	28	32	production	production	NOUN
fbem-2038	28	33	function	function	NOUN
fbem-2038	28	34	through	through	ADP
fbem-2038	28	35	solo	solo	ADJ
fbem-2038	28	36	residual	residual	ADJ
fbem-2038	28	37	method	method	NOUN
fbem-2038	28	38	.	.	PUNCT
fbem-2038	29	1	the	the	DET
fbem-2038	29	2	specific	specific	ADJ
fbem-2038	29	3	formula	formula	NOUN
fbem-2038	29	4	for	for	ADP
fbem-2038	29	5	estimation	estimation	NOUN
fbem-2038	29	6	is	be	AUX
fbem-2038	29	7	:	:	PUNCT
fbem-2038	29	8	it	it	PRON
fbem-2038	29	9	it	it	PRON
fbem-2038	29	10	it	it	PRON
fbem-2038	29	11	ity	ity	ADP
fbem-2038	29	12	a	a	DET
fbem-2038	29	13	l	l	NOUN
fbem-2038	29	14	k	k	X
fbem-2038	29	15			NOUN
fbem-2038	29	16			VERB
fbem-2038	29	17	(	(	PUNCT
fbem-2038	29	18	1	1	NUM
fbem-2038	29	19	)	)	PUNCT
fbem-2038	29	20	among	among	ADP
fbem-2038	29	21	them	they	PRON
fbem-2038	29	22	,	,	PUNCT
fbem-2038	29	23	ity	ity	PROPN
fbem-2038	29	24	,	,	PUNCT
fbem-2038	29	25	itl	itl	PROPN
fbem-2038	29	26	,	,	PUNCT
fbem-2038	29	27	itk	itk	PROPN
fbem-2038	29	28	denote	denote	VERB
fbem-2038	29	29	the	the	DET
fbem-2038	29	30	firm	firm	NOUN
fbem-2038	29	31	's	's	PART
fbem-2038	29	32	output	output	NOUN
fbem-2038	29	33	,	,	PUNCT
fbem-2038	29	34	labor	labor	NOUN
fbem-2038	29	35	input	input	NOUN
fbem-2038	29	36	and	and	CCONJ
fbem-2038	29	37	capital	capital	NOUN
fbem-2038	29	38	input	input	NOUN
fbem-2038	29	39	,	,	PUNCT
fbem-2038	29	40	ita	ita	PROPN
fbem-2038	29	41	,	,	PUNCT
fbem-2038	29	42	which	which	PRON
fbem-2038	29	43	is	be	AUX
fbem-2038	29	44	total	total	ADJ
fbem-2038	29	45	factor	factor	NOUN
fbem-2038	29	46	290	290	NUM
fbem-2038	29	47	productivity	productivity	NOUN
fbem-2038	29	48	(	(	PUNCT
fbem-2038	29	49	tfp	tfp	PROPN
fbem-2038	29	50	)	)	PUNCT
fbem-2038	29	51	in	in	ADP
fbem-2038	29	52	addition	addition	NOUN
fbem-2038	29	53	to	to	ADP
fbem-2038	29	54	labor	labor	NOUN
fbem-2038	29	55	and	and	CCONJ
fbem-2038	29	56	capital	capital	NOUN
fbem-2038	29	57	,	,	PUNCT
fbem-2038	29	58	is	be	AUX
fbem-2038	29	59	transformed	transform	VERB
fbem-2038	29	60	into	into	ADP
fbem-2038	29	61	a	a	DET
fbem-2038	29	62	linear	linear	ADJ
fbem-2038	29	63	form	form	NOUN
fbem-2038	29	64	by	by	ADP
fbem-2038	29	65	taking	take	VERB
fbem-2038	29	66	the	the	DET
fbem-2038	29	67	logarithm	logarithm	NOUN
fbem-2038	29	68	of	of	ADP
fbem-2038	29	69	both	both	DET
fbem-2038	29	70	ends	end	NOUN
fbem-2038	29	71	of	of	ADP
fbem-2038	29	72	equation	equation	NOUN
fbem-2038	29	73	(	(	PUNCT
fbem-2038	29	74	1	1	X
fbem-2038	29	75	)	)	PUNCT
fbem-2038	29	76	it	it	PRON
fbem-2038	29	77	it	it	PRON
fbem-2038	30	1	it	it	PRON
fbem-2038	30	2	ity	ity	PROPN
fbem-2038	30	3	l	l	PROPN
fbem-2038	30	4	k	k	PROPN
fbem-2038	30	5			PROPN
fbem-2038	30	6			NOUN
fbem-2038	30	7			PUNCT
fbem-2038	30	8			X
fbem-2038	30	9	(	(	PUNCT
fbem-2038	30	10	2	2	NUM
fbem-2038	30	11	)	)	PUNCT
fbem-2038	30	12	in	in	ADP
fbem-2038	30	13	formula	formula	NOUN
fbem-2038	30	14	(	(	PUNCT
fbem-2038	30	15	2	2	NUM
fbem-2038	30	16	)	)	PUNCT
fbem-2038	30	17	,	,	PUNCT
fbem-2038	30	18	ity	ity	PROPN
fbem-2038	30	19	is	be	AUX
fbem-2038	30	20	the	the	DET
fbem-2038	30	21	output	output	NOUN
fbem-2038	30	22	of	of	ADP
fbem-2038	30	23	enterprise	enterprise	NOUN
fbem-2038	30	24	i	i	PRON
fbem-2038	30	25	in	in	ADP
fbem-2038	30	26	the	the	DET
fbem-2038	30	27	t	t	NOUN
fbem-2038	30	28	year	year	NOUN
fbem-2038	30	29	,	,	PUNCT
fbem-2038	30	30	expressed	express	VERB
fbem-2038	30	31	by	by	ADP
fbem-2038	30	32	the	the	DET
fbem-2038	30	33	natural	natural	ADJ
fbem-2038	30	34	logarithm	logarithm	NOUN
fbem-2038	30	35	of	of	ADP
fbem-2038	30	36	the	the	DET
fbem-2038	30	37	main	main	ADJ
fbem-2038	30	38	business	business	NOUN
fbem-2038	30	39	income	income	NOUN
fbem-2038	30	40	;	;	PUNCT
fbem-2038	30	41	itl	itl	PROPN
fbem-2038	30	42	is	be	AUX
fbem-2038	30	43	the	the	DET
fbem-2038	30	44	labor	labor	NOUN
fbem-2038	30	45	input	input	NOUN
fbem-2038	30	46	of	of	ADP
fbem-2038	30	47	the	the	DET
fbem-2038	30	48	enterprise	enterprise	NOUN
fbem-2038	30	49	in	in	ADP
fbem-2038	30	50	t	t	PROPN
fbem-2038	30	51	years	year	NOUN
fbem-2038	30	52	,	,	PUNCT
fbem-2038	30	53	expressed	express	VERB
fbem-2038	30	54	by	by	ADP
fbem-2038	30	55	the	the	DET
fbem-2038	30	56	natural	natural	ADJ
fbem-2038	30	57	logarithm	logarithm	NOUN
fbem-2038	30	58	of	of	ADP
fbem-2038	30	59	the	the	DET
fbem-2038	30	60	total	total	ADJ
fbem-2038	30	61	number	number	NOUN
fbem-2038	30	62	of	of	ADP
fbem-2038	30	63	employees	employee	NOUN
fbem-2038	30	64	in	in	ADP
fbem-2038	30	65	the	the	DET
fbem-2038	30	66	enterprise	enterprise	NOUN
fbem-2038	30	67	;	;	PUNCT
fbem-2038	30	68	itk	itk	PROPN
fbem-2038	30	69	is	be	AUX
fbem-2038	30	70	the	the	DET
fbem-2038	30	71	capital	capital	NOUN
fbem-2038	30	72	investment	investment	NOUN
fbem-2038	30	73	of	of	ADP
fbem-2038	30	74	the	the	DET
fbem-2038	30	75	enterprise	enterprise	NOUN
fbem-2038	30	76	in	in	ADP
fbem-2038	30	77	t	t	PROPN
fbem-2038	30	78	year	year	NOUN
fbem-2038	30	79	,	,	PUNCT
fbem-2038	30	80	that	that	ADV
fbem-2038	30	81	is	is	ADV
fbem-2038	30	82	,	,	PUNCT
fbem-2038	30	83	the	the	DET
fbem-2038	30	84	capital	capital	NOUN
fbem-2038	30	85	expenditure	expenditure	NOUN
fbem-2038	30	86	of	of	ADP
fbem-2038	30	87	the	the	DET
fbem-2038	30	88	enterprise	enterprise	NOUN
fbem-2038	30	89	in	in	ADP
fbem-2038	30	90	that	that	DET
fbem-2038	30	91	year	year	NOUN
fbem-2038	30	92	.	.	PUNCT
fbem-2038	31	1	ols	ol	NOUN
fbem-2038	31	2	estimation	estimation	NOUN
fbem-2038	31	3	is	be	AUX
fbem-2038	31	4	performed	perform	VERB
fbem-2038	31	5	on	on	ADP
fbem-2038	31	6	formula	formula	NOUN
fbem-2038	31	7	(	(	PUNCT
fbem-2038	31	8	2	2	NUM
fbem-2038	31	9	)	)	PUNCT
fbem-2038	31	10	,	,	PUNCT
fbem-2038	31	11	the	the	DET
fbem-2038	31	12	resulting	result	VERB
fbem-2038	31	13	residual	residual	ADJ
fbem-2038	31	14	it	it	NOUN
fbem-2038	31	15	is	be	AUX
fbem-2038	31	16	the	the	DET
fbem-2038	31	17	total	total	ADJ
fbem-2038	31	18	factor	factor	NOUN
fbem-2038	31	19	productivity	productivity	NOUN
fbem-2038	31	20	.	.	PUNCT
fbem-2038	32	1	as	as	SCONJ
fbem-2038	32	2	this	this	DET
fbem-2038	32	3	total	total	ADJ
fbem-2038	32	4	factor	factor	NOUN
fbem-2038	32	5	productivity	productivity	NOUN
fbem-2038	32	6	is	be	AUX
fbem-2038	32	7	estimated	estimate	VERB
fbem-2038	32	8	by	by	ADP
fbem-2038	32	9	ols	ol	NOUN
fbem-2038	32	10	regression	regression	NOUN
fbem-2038	32	11	,	,	PUNCT
fbem-2038	32	12	it	it	PRON
fbem-2038	32	13	is	be	AUX
fbem-2038	32	14	expressed	express	VERB
fbem-2038	32	15	by	by	ADP
fbem-2038	32	16	tfp_ols	tfp_ol	NOUN
fbem-2038	32	17	.	.	PUNCT
fbem-2038	33	1	based	base	VERB
fbem-2038	33	2	on	on	ADP
fbem-2038	33	3	the	the	DET
fbem-2038	33	4	practice	practice	NOUN
fbem-2038	33	5	of	of	ADP
fbem-2038	33	6	cheng	cheng	PROPN
fbem-2038	33	7	chen	chen	PROPN
fbem-2038	33	8	(	(	PUNCT
fbem-2038	33	9	2017	2017	NUM
fbem-2038	33	10	)	)	PUNCT
fbem-2038	33	11	,	,	PUNCT
fbem-2038	33	12	this	this	DET
fbem-2038	33	13	paper	paper	NOUN
fbem-2038	33	14	uses	use	VERB
fbem-2038	33	15	lp	lp	PROPN
fbem-2038	33	16	method	method	NOUN
fbem-2038	33	17	to	to	PART
fbem-2038	33	18	estimate	estimate	VERB
fbem-2038	33	19	tfp_lp	tfp_lp	ADP
fbem-2038	33	20	,	,	PUNCT
fbem-2038	33	21	and	and	CCONJ
fbem-2038	33	22	takes	take	VERB
fbem-2038	33	23	tfp_ols	tfp_ol	NOUN
fbem-2038	33	24	,	,	PUNCT
fbem-2038	33	25	which	which	PRON
fbem-2038	33	26	is	be	AUX
fbem-2038	33	27	obtained	obtain	VERB
fbem-2038	33	28	by	by	ADP
fbem-2038	33	29	conventional	conventional	ADJ
fbem-2038	33	30	methods	method	NOUN
fbem-2038	33	31	,	,	PUNCT
fbem-2038	33	32	as	as	ADP
fbem-2038	33	33	the	the	DET
fbem-2038	33	34	explained	explain	VERB
fbem-2038	33	35	variable	variable	NOUN
fbem-2038	33	36	of	of	ADP
fbem-2038	33	37	estimation	estimation	NOUN
fbem-2038	33	38	and	and	CCONJ
fbem-2038	33	39	analysis[6	analysis[6	NOUN
fbem-2038	33	40	]	]	PUNCT
fbem-2038	33	41	.	.	PUNCT
fbem-2038	34	1	(	(	PUNCT
fbem-2038	34	2	2	2	X
fbem-2038	34	3	)	)	PUNCT
fbem-2038	34	4	explanatory	explanatory	ADJ
fbem-2038	34	5	variable	variable	NOUN
fbem-2038	34	6	:	:	PUNCT
fbem-2038	34	7	the	the	DET
fbem-2038	34	8	explanatory	explanatory	ADJ
fbem-2038	34	9	variable	variable	NOUN
fbem-2038	34	10	in	in	ADP
fbem-2038	34	11	this	this	DET
fbem-2038	34	12	paper	paper	NOUN
fbem-2038	34	13	is	be	AUX
fbem-2038	34	14	the	the	DET
fbem-2038	34	15	degree	degree	NOUN
fbem-2038	34	16	of	of	ADP
fbem-2038	34	17	enterprise	enterprise	NOUN
fbem-2038	34	18	financialization	financialization	NOUN
fbem-2038	34	19	(	(	PUNCT
fbem-2038	34	20	fin	fin	NOUN
fbem-2038	34	21	)	)	PUNCT
fbem-2038	34	22	.	.	PUNCT
fbem-2038	35	1	using	use	VERB
fbem-2038	35	2	demir	demir	PROPN
fbem-2038	35	3	's	's	PART
fbem-2038	35	4	(	(	PUNCT
fbem-2038	35	5	2009	2009	NUM
fbem-2038	35	6	)	)	PUNCT
fbem-2038	35	7	approach	approach	NOUN
fbem-2038	35	8	for	for	ADP
fbem-2038	35	9	reference	reference	NOUN
fbem-2038	35	10	,	,	PUNCT
fbem-2038	35	11	the	the	DET
fbem-2038	35	12	ratio	ratio	NOUN
fbem-2038	35	13	of	of	ADP
fbem-2038	35	14	financial	financial	ADJ
fbem-2038	35	15	assets	asset	NOUN
fbem-2038	35	16	held	hold	VERB
fbem-2038	35	17	by	by	ADP
fbem-2038	35	18	enterprises	enterprise	NOUN
fbem-2038	35	19	to	to	PART
fbem-2038	35	20	total	total	ADJ
fbem-2038	35	21	assets	asset	NOUN
fbem-2038	35	22	is	be	AUX
fbem-2038	35	23	taken	take	VERB
fbem-2038	35	24	as	as	ADP
fbem-2038	35	25	an	an	DET
fbem-2038	35	26	index	index	NOUN
fbem-2038	35	27	to	to	PART
fbem-2038	35	28	characterize	characterize	VERB
fbem-2038	35	29	the	the	DET
fbem-2038	35	30	degree	degree	NOUN
fbem-2038	35	31	of	of	ADP
fbem-2038	35	32	financialization	financialization	NOUN
fbem-2038	35	33	;	;	PUNCT
fbem-2038	35	34	according	accord	VERB
fbem-2038	35	35	to	to	ADP
fbem-2038	35	36	the	the	DET
fbem-2038	35	37	research	research	NOUN
fbem-2038	35	38	ideas	idea	NOUN
fbem-2038	35	39	of	of	ADP
fbem-2038	35	40	du	du	PROPN
fbem-2038	35	41	yong	yong	PROPN
fbem-2038	35	42	et	et	PROPN
fbem-2038	35	43	al	al	PROPN
fbem-2038	35	44	.	.	PROPN
fbem-2038	36	1	(	(	PUNCT
fbem-2038	36	2	2017	2017	NUM
fbem-2038	36	3	)	)	PUNCT
fbem-2038	36	4	,	,	PUNCT
fbem-2038	36	5	transactional	transactional	ADJ
fbem-2038	36	6	financial	financial	ADJ
fbem-2038	36	7	assets	asset	NOUN
fbem-2038	36	8	,	,	PUNCT
fbem-2038	36	9	net	net	ADJ
fbem-2038	36	10	loans	loan	NOUN
fbem-2038	36	11	and	and	CCONJ
fbem-2038	36	12	advances	advance	NOUN
fbem-2038	36	13	,	,	PUNCT
fbem-2038	36	14	derivative	derivative	ADJ
fbem-2038	36	15	financial	financial	ADJ
fbem-2038	36	16	assets	asset	NOUN
fbem-2038	36	17	,	,	PUNCT
fbem-2038	36	18	net	net	ADJ
fbem-2038	36	19	available	available	ADJ
fbem-2038	36	20	-	-	PUNCT
fbem-2038	36	21	for	for	ADP
fbem-2038	36	22	-	-	PUNCT
fbem-2038	36	23	sale	sale	NOUN
fbem-2038	36	24	financial	financial	ADJ
fbem-2038	36	25	assets	asset	NOUN
fbem-2038	36	26	,	,	PUNCT
fbem-2038	36	27	and	and	CCONJ
fbem-2038	36	28	net	net	ADJ
fbem-2038	36	29	held	hold	VERB
fbem-2038	36	30	-	-	PUNCT
fbem-2038	36	31	tomaturity	tomaturity	NOUN
fbem-2038	36	32	investments	investment	NOUN
fbem-2038	36	33	are	be	AUX
fbem-2038	36	34	all	all	PRON
fbem-2038	36	35	included	include	VERB
fbem-2038	36	36	in	in	ADP
fbem-2038	36	37	the	the	DET
fbem-2038	36	38	category	category	NOUN
fbem-2038	36	39	of	of	ADP
fbem-2038	36	40	financial	financial	ADJ
fbem-2038	36	41	assets	asset	NOUN
fbem-2038	36	42	.	.	PUNCT
fbem-2038	37	1	in	in	ADP
fbem-2038	37	2	addition	addition	NOUN
fbem-2038	37	3	,	,	PUNCT
fbem-2038	37	4	in	in	ADP
fbem-2038	37	5	contemporary	contemporary	PROPN
fbem-2038	37	6	china	china	PROPN
fbem-2038	37	7	,	,	PUNCT
fbem-2038	37	8	the	the	DET
fbem-2038	37	9	real	real	ADJ
fbem-2038	37	10	estate	estate	NOUN
fbem-2038	37	11	industry	industry	NOUN
fbem-2038	37	12	is	be	AUX
fbem-2038	37	13	far	far	ADV
fbem-2038	37	14	away	away	ADV
fbem-2038	37	15	from	from	ADP
fbem-2038	37	16	the	the	DET
fbem-2038	37	17	real	real	ADJ
fbem-2038	37	18	sector	sector	NOUN
fbem-2038	37	19	and	and	CCONJ
fbem-2038	37	20	has	have	VERB
fbem-2038	37	21	a	a	DET
fbem-2038	37	22	high	high	ADJ
fbem-2038	37	23	degree	degree	NOUN
fbem-2038	37	24	of	of	ADP
fbem-2038	37	25	virtualization	virtualization	NOUN
fbem-2038	37	26	characteristics	characteristic	NOUN
fbem-2038	37	27	(	(	PUNCT
fbem-2038	37	28	song	song	PROPN
fbem-2038	37	29	jun	jun	PROPN
fbem-2038	37	30	and	and	CCONJ
fbem-2038	37	31	lu	lu	PROPN
fbem-2038	37	32	yang	yang	PROPN
fbem-2038	37	33	,	,	PUNCT
fbem-2038	37	34	2015	2015	NUM
fbem-2038	37	35	)	)	PUNCT
fbem-2038	37	36	,	,	PUNCT
fbem-2038	37	37	so	so	CCONJ
fbem-2038	37	38	it	it	PRON
fbem-2038	37	39	is	be	AUX
fbem-2038	37	40	included	include	VERB
fbem-2038	37	41	in	in	ADP
fbem-2038	37	42	the	the	DET
fbem-2038	37	43	measurement	measurement	NOUN
fbem-2038	37	44	of	of	ADP
fbem-2038	37	45	corporate	corporate	ADJ
fbem-2038	37	46	financialization	financialization	NOUN
fbem-2038	37	47	.	.	PUNCT
fbem-2038	38	1	the	the	DET
fbem-2038	38	2	specific	specific	ADJ
fbem-2038	38	3	calculation	calculation	NOUN
fbem-2038	38	4	formula	formula	NOUN
fbem-2038	38	5	of	of	ADP
fbem-2038	38	6	financial	financial	ADJ
fbem-2038	38	7	degree	degree	NOUN
fbem-2038	38	8	(	(	PUNCT
fbem-2038	38	9	fin	fin	NOUN
fbem-2038	38	10	)	)	PUNCT
fbem-2038	38	11	of	of	ADP
fbem-2038	38	12	enterprises	enterprise	NOUN
fbem-2038	38	13	is	be	AUX
fbem-2038	38	14	:	:	PUNCT
fbem-2038	38	15	fin	fin	NOUN
fbem-2038	38	16			NUM
fbem-2038	38	17	trading	trade	VERB
fbem-2038	38	18	financial	financial	ADJ
fbem-2038	38	19	assets+net	assets+net	NOUN
fbem-2038	38	20	loans	loan	NOUN
fbem-2038	38	21	and	and	CCONJ
fbem-2038	38	22	advances+derivative	advances+derivative	PROPN
fbem-2038	38	23	financial	financial	ADJ
fbem-2038	38	24	assets+net	assets+net	PROPN
fbem-2038	38	25	available	available	ADJ
fbem-2038	38	26	-	-	PUNCT
fbem-2038	38	27	for	for	ADP
fbem-2038	38	28	-	-	PUNCT
fbem-2038	38	29	sale	sale	NOUN
fbem-2038	38	30	financial	financial	ADJ
fbem-2038	38	31	assets+net	assets+net	NOUN
fbem-2038	38	32	held	hold	VERB
fbem-2038	38	33	-	-	PUNCT
fbem-2038	38	34	to	to	ADP
fbem-2038	38	35	-	-	PUNCT
fbem-2038	38	36	maturity	maturity	NOUN
fbem-2038	38	37	investment+net	investment+net	NOUN
fbem-2038	38	38	investment	investment	NOUN
fbem-2038	38	39	real	real	ADV
fbem-2038	38	40	estate)/total	estate)/total	ADJ
fbem-2038	38	41	assets[7	assets[7	ADP
fbem-2038	38	42	]	]	PUNCT
fbem-2038	38	43	.	.	PUNCT
fbem-2038	39	1	(	(	PUNCT
fbem-2038	39	2	3	3	X
fbem-2038	39	3	)	)	PUNCT
fbem-2038	39	4	control	control	NOUN
fbem-2038	39	5	variables	variable	NOUN
fbem-2038	39	6	:	:	PUNCT
fbem-2038	39	7	a	a	DET
fbem-2038	39	8	large	large	ADJ
fbem-2038	39	9	number	number	NOUN
fbem-2038	39	10	of	of	ADP
fbem-2038	39	11	existing	exist	VERB
fbem-2038	39	12	studies	study	NOUN
fbem-2038	39	13	believe	believe	VERB
fbem-2038	39	14	that	that	SCONJ
fbem-2038	39	15	factors	factor	NOUN
fbem-2038	39	16	such	such	ADJ
fbem-2038	39	17	as	as	ADP
fbem-2038	39	18	company	company	NOUN
fbem-2038	39	19	characteristics	characteristic	NOUN
fbem-2038	39	20	will	will	AUX
fbem-2038	39	21	significantly	significantly	ADV
fbem-2038	39	22	affect	affect	VERB
fbem-2038	39	23	total	total	ADJ
fbem-2038	39	24	factor	factor	NOUN
fbem-2038	39	25	productivity	productivity	NOUN
fbem-2038	39	26	.	.	PUNCT
fbem-2038	40	1	therefore	therefore	ADV
fbem-2038	40	2	,	,	PUNCT
fbem-2038	40	3	this	this	DET
fbem-2038	40	4	paper	paper	NOUN
fbem-2038	40	5	considers	consider	VERB
fbem-2038	40	6	and	and	CCONJ
fbem-2038	40	7	sets	set	VERB
fbem-2038	40	8	the	the	DET
fbem-2038	40	9	following	follow	VERB
fbem-2038	40	10	control	control	NOUN
fbem-2038	40	11	variables	variable	NOUN
fbem-2038	40	12	:	:	PUNCT
fbem-2038	40	13	enterprise	enterprise	NOUN
fbem-2038	40	14	size	size	NOUN
fbem-2038	40	15	,	,	PUNCT
fbem-2038	40	16	expressed	express	VERB
fbem-2038	40	17	by	by	ADP
fbem-2038	40	18	the	the	DET
fbem-2038	40	19	logarithm	logarithm	NOUN
fbem-2038	40	20	of	of	ADP
fbem-2038	40	21	total	total	ADJ
fbem-2038	40	22	assets	asset	NOUN
fbem-2038	40	23	of	of	ADP
fbem-2038	40	24	the	the	DET
fbem-2038	40	25	enterprise	enterprise	NOUN
fbem-2038	40	26	;	;	PUNCT
fbem-2038	40	27	enterprise	enterprise	NOUN
fbem-2038	40	28	debt	debt	NOUN
fbem-2038	40	29	ratio	ratio	NOUN
fbem-2038	40	30	(	(	PUNCT
fbem-2038	40	31	lev	lev	NOUN
fbem-2038	40	32	)	)	PUNCT
fbem-2038	40	33	,	,	PUNCT
fbem-2038	40	34	expressed	express	VERB
fbem-2038	40	35	by	by	ADP
fbem-2038	40	36	the	the	DET
fbem-2038	40	37	ratio	ratio	NOUN
fbem-2038	40	38	of	of	ADP
fbem-2038	40	39	total	total	ADJ
fbem-2038	40	40	liabilities	liability	NOUN
fbem-2038	40	41	to	to	PART
fbem-2038	40	42	total	total	ADJ
fbem-2038	40	43	assets	asset	NOUN
fbem-2038	40	44	;	;	PUNCT
fbem-2038	40	45	profitability	profitability	NOUN
fbem-2038	40	46	(	(	PUNCT
fbem-2038	40	47	roa	roa	PROPN
fbem-2038	40	48	)	)	PUNCT
fbem-2038	40	49	,	,	PUNCT
fbem-2038	40	50	expressed	express	VERB
fbem-2038	40	51	by	by	ADP
fbem-2038	40	52	the	the	DET
fbem-2038	40	53	rate	rate	NOUN
fbem-2038	40	54	of	of	ADP
fbem-2038	40	55	return	return	NOUN
fbem-2038	40	56	on	on	ADP
fbem-2038	40	57	total	total	ADJ
fbem-2038	40	58	assets	asset	NOUN
fbem-2038	40	59	of	of	ADP
fbem-2038	40	60	the	the	DET
fbem-2038	40	61	enterprise	enterprise	NOUN
fbem-2038	40	62	;	;	PUNCT
fbem-2038	40	63	growth	growth	NOUN
fbem-2038	40	64	,	,	PUNCT
fbem-2038	40	65	expressed	express	VERB
fbem-2038	40	66	by	by	ADP
fbem-2038	40	67	tobin	tobin	PROPN
fbem-2038	40	68	q	q	NOUN
fbem-2038	40	69	;	;	PUNCT
fbem-2038	40	70	cash	cash	NOUN
fbem-2038	40	71	level	level	NOUN
fbem-2038	40	72	,	,	PUNCT
fbem-2038	40	73	expressed	express	VERB
fbem-2038	40	74	by	by	ADP
fbem-2038	40	75	the	the	DET
fbem-2038	40	76	ratio	ratio	NOUN
fbem-2038	40	77	of	of	ADP
fbem-2038	40	78	cash	cash	NOUN
fbem-2038	40	79	flow	flow	NOUN
fbem-2038	40	80	from	from	ADP
fbem-2038	40	81	operating	operate	VERB
fbem-2038	40	82	activities	activity	NOUN
fbem-2038	40	83	to	to	ADP
fbem-2038	40	84	total	total	ADJ
fbem-2038	40	85	assets	asset	NOUN
fbem-2038	40	86	;	;	PUNCT
fbem-2038	40	87	institutional	institutional	ADJ
fbem-2038	40	88	investors	investor	NOUN
fbem-2038	40	89	'	'	PART
fbem-2038	40	90	shareholding	shareholding	NOUN
fbem-2038	40	91	ratio	ratio	NOUN
fbem-2038	40	92	(	(	PUNCT
fbem-2038	40	93	ins	ins	PROPN
fbem-2038	40	94	)	)	PUNCT
fbem-2038	40	95	,	,	PUNCT
fbem-2038	40	96	expressed	express	VERB
fbem-2038	40	97	by	by	ADP
fbem-2038	40	98	the	the	DET
fbem-2038	40	99	proportion	proportion	NOUN
fbem-2038	40	100	of	of	ADP
fbem-2038	40	101	institutional	institutional	ADJ
fbem-2038	40	102	shares	share	NOUN
fbem-2038	40	103	to	to	ADP
fbem-2038	40	104	the	the	DET
fbem-2038	40	105	total	total	ADJ
fbem-2038	40	106	share	share	NOUN
fbem-2038	40	107	capital	capital	NOUN
fbem-2038	40	108	;	;	PUNCT
fbem-2038	40	109	indep	indep	NOUN
fbem-2038	40	110	,	,	PUNCT
fbem-2038	40	111	expressed	express	VERB
fbem-2038	40	112	by	by	ADP
fbem-2038	40	113	the	the	DET
fbem-2038	40	114	ratio	ratio	NOUN
fbem-2038	40	115	of	of	ADP
fbem-2038	40	116	the	the	DET
fbem-2038	40	117	number	number	NOUN
fbem-2038	40	118	of	of	ADP
fbem-2038	40	119	independent	independent	ADJ
fbem-2038	40	120	directors	director	NOUN
fbem-2038	40	121	to	to	ADP
fbem-2038	40	122	the	the	DET
fbem-2038	40	123	total	total	ADJ
fbem-2038	40	124	number	number	NOUN
fbem-2038	40	125	of	of	ADP
fbem-2038	40	126	directors	director	NOUN
fbem-2038	40	127	;	;	PUNCT
fbem-2038	40	128	age	age	NOUN
fbem-2038	40	129	of	of	ADP
fbem-2038	40	130	an	an	DET
fbem-2038	40	131	enterprise	enterprise	NOUN
fbem-2038	40	132	,	,	PUNCT
fbem-2038	40	133	expressed	express	VERB
fbem-2038	40	134	by	by	ADP
fbem-2038	40	135	the	the	DET
fbem-2038	40	136	number	number	NOUN
fbem-2038	40	137	of	of	ADP
fbem-2038	40	138	years	year	NOUN
fbem-2038	40	139	since	since	SCONJ
fbem-2038	40	140	its	its	PRON
fbem-2038	40	141	listing	listing	NOUN
fbem-2038	40	142	.	.	PUNCT
fbem-2038	41	1	in	in	ADP
fbem-2038	41	2	addition	addition	NOUN
fbem-2038	41	3	,	,	PUNCT
fbem-2038	41	4	this	this	DET
fbem-2038	41	5	paper	paper	NOUN
fbem-2038	41	6	also	also	ADV
fbem-2038	41	7	uses	use	VERB
fbem-2038	41	8	industry	industry	NOUN
fbem-2038	41	9	to	to	PART
fbem-2038	41	10	represent	represent	VERB
fbem-2038	41	11	the	the	DET
fbem-2038	41	12	fixed	fix	VERB
fbem-2038	41	13	effect	effect	NOUN
fbem-2038	41	14	of	of	ADP
fbem-2038	41	15	the	the	DET
fbem-2038	41	16	industry	industry	NOUN
fbem-2038	41	17	to	to	PART
fbem-2038	41	18	control	control	VERB
fbem-2038	41	19	the	the	DET
fbem-2038	41	20	differences	difference	NOUN
fbem-2038	41	21	at	at	ADP
fbem-2038	41	22	the	the	DET
fbem-2038	41	23	industry	industry	NOUN
fbem-2038	41	24	level	level	NOUN
fbem-2038	41	25	;	;	PUNCT
fbem-2038	41	26	year	year	NOUN
fbem-2038	41	27	represents	represent	VERB
fbem-2038	41	28	the	the	DET
fbem-2038	41	29	fixed	fix	VERB
fbem-2038	41	30	effect	effect	NOUN
fbem-2038	41	31	of	of	ADP
fbem-2038	41	32	time	time	NOUN
fbem-2038	41	33	,	,	PUNCT
fbem-2038	41	34	which	which	PRON
fbem-2038	41	35	is	be	AUX
fbem-2038	41	36	used	use	VERB
fbem-2038	41	37	to	to	PART
fbem-2038	41	38	control	control	VERB
fbem-2038	41	39	the	the	DET
fbem-2038	41	40	impact	impact	NOUN
fbem-2038	41	41	of	of	ADP
fbem-2038	41	42	time	time	NOUN
fbem-2038	41	43	factors	factor	NOUN
fbem-2038	41	44	on	on	ADP
fbem-2038	41	45	tfp	tfp	PROPN
fbem-2038	41	46	of	of	ADP
fbem-2038	41	47	enterprises[8	enterprises[8	PROPN
fbem-2038	41	48	]	]	PUNCT
fbem-2038	41	49	.	.	PUNCT
fbem-2038	42	1	see	see	VERB
fbem-2038	42	2	table	table	NOUN
fbem-2038	42	3	1	1	NUM
fbem-2038	42	4	for	for	ADP
fbem-2038	42	5	the	the	DET
fbem-2038	42	6	specific	specific	ADJ
fbem-2038	42	7	settings	setting	NOUN
fbem-2038	42	8	of	of	ADP
fbem-2038	42	9	each	each	DET
fbem-2038	42	10	variable	variable	NOUN
fbem-2038	42	11	.	.	PUNCT
fbem-2038	43	1	table	table	NOUN
fbem-2038	43	2	1	1	NUM
fbem-2038	43	3	.	.	PUNCT
fbem-2038	43	4	variable	variable	ADJ
fbem-2038	43	5	definition	definition	NOUN
fbem-2038	43	6	and	and	CCONJ
fbem-2038	43	7	calculation	calculation	NOUN
fbem-2038	43	8	method	method	NOUN
fbem-2038	43	9	variables	variable	VERB
fbem-2038	43	10	variable	variable	ADJ
fbem-2038	43	11	name	name	NOUN
fbem-2038	43	12	variable	variable	PROPN
fbem-2038	43	13	code	code	PROPN
fbem-2038	43	14	variable	variable	ADJ
fbem-2038	43	15	measure	measure	NOUN
fbem-2038	43	16	explained	explain	VERB
fbem-2038	43	17	variable	variable	ADJ
fbem-2038	43	18	total	total	ADJ
fbem-2038	43	19	factor	factor	NOUN
fbem-2038	43	20	productivity	productivity	NOUN
fbem-2038	43	21	(	(	PUNCT
fbem-2038	43	22	ols	ol	NOUN
fbem-2038	43	23	method	method	NOUN
fbem-2038	43	24	)	)	PUNCT
fbem-2038	43	25	tfp_ols	tfp_ol	NOUN
fbem-2038	43	26	calculated	calculate	VERB
fbem-2038	43	27	by	by	ADP
fbem-2038	43	28	ols	ol	NOUN
fbem-2038	43	29	method	method	NOUN
fbem-2038	43	30	total	total	ADJ
fbem-2038	43	31	factor	factor	NOUN
fbem-2038	43	32	productivity	productivity	NOUN
fbem-2038	43	33	(	(	PUNCT
fbem-2038	43	34	lp	lp	NOUN
fbem-2038	43	35	method	method	NOUN
fbem-2038	43	36	)	)	PUNCT
fbem-2038	43	37	tfp_lp	tfp_lp	VERB
fbem-2038	44	1	calculated	calculate	VERB
fbem-2038	44	2	by	by	ADP
fbem-2038	44	3	lp	lp	ADJ
fbem-2038	44	4	method	method	NOUN
fbem-2038	44	5	explanatory	explanatory	ADJ
fbem-2038	44	6	variable	variable	ADJ
fbem-2038	44	7	enterprise	enterprise	NOUN
fbem-2038	44	8	financialization	financialization	NOUN
fbem-2038	44	9	degree	degree	NOUN
fbem-2038	44	10	fin	fin	NOUN
fbem-2038	44	11	(	(	PUNCT
fbem-2038	44	12	trading	trade	VERB
fbem-2038	44	13	financial	financial	ADJ
fbem-2038	44	14	assets+net	assets+net	NOUN
fbem-2038	44	15	loans	loan	NOUN
fbem-2038	44	16	and	and	CCONJ
fbem-2038	44	17	advances+derivative	advances+derivative	PROPN
fbem-2038	44	18	financial	financial	ADJ
fbem-2038	44	19	assets+net	assets+net	PROPN
fbem-2038	44	20	available	available	ADJ
fbem-2038	44	21	-	-	PUNCT
fbem-2038	44	22	forsale	forsale	ADJ
fbem-2038	44	23	financial	financial	ADJ
fbem-2038	44	24	assets+net	assets+net	PROPN
fbem-2038	44	25	held	hold	VERB
fbem-2038	44	26	-	-	PUNCT
fbem-2038	44	27	to	to	ADP
fbem-2038	44	28	-	-	PUNCT
fbem-2038	44	29	maturity	maturity	NOUN
fbem-2038	44	30	investment+net	investment+net	NOUN
fbem-2038	44	31	investment	investment	NOUN
fbem-2038	44	32	real	real	ADJ
fbem-2038	44	33	estate)/total	estate)/total	ADJ
fbem-2038	44	34	assets	asset	NOUN
fbem-2038	44	35	control	control	VERB
fbem-2038	44	36	variable	variable	ADJ
fbem-2038	44	37	scale	scale	NOUN
fbem-2038	44	38	size	size	NOUN
fbem-2038	44	39	natural	natural	ADJ
fbem-2038	44	40	logarithmic	logarithmic	ADJ
fbem-2038	44	41	value	value	NOUN
fbem-2038	44	42	of	of	ADP
fbem-2038	44	43	total	total	ADJ
fbem-2038	44	44	assets	asset	NOUN
fbem-2038	44	45	of	of	ADP
fbem-2038	44	46	an	an	DET
fbem-2038	44	47	enterprise	enterprise	NOUN
fbem-2038	44	48	enterprise	enterprise	NOUN
fbem-2038	44	49	debt	debt	NOUN
fbem-2038	44	50	ratio	ratio	NOUN
fbem-2038	44	51	lev	lev	NOUN
fbem-2038	44	52	total	total	ADJ
fbem-2038	44	53	liabilities	liability	NOUN
fbem-2038	44	54	/	/	SYM
fbem-2038	44	55	total	total	ADJ
fbem-2038	44	56	assets	asset	NOUN
fbem-2038	44	57	enterprise	enterprise	NOUN
fbem-2038	44	58	profitability	profitability	NOUN
fbem-2038	44	59	roa	roa	NOUN
fbem-2038	44	60	rate	rate	NOUN
fbem-2038	44	61	of	of	ADP
fbem-2038	44	62	return	return	NOUN
fbem-2038	44	63	on	on	ADP
fbem-2038	44	64	total	total	ADJ
fbem-2038	44	65	assets	asset	NOUN
fbem-2038	44	66	enterprise	enterprise	NOUN
fbem-2038	44	67	growth	growth	NOUN
fbem-2038	44	68	ability	ability	NOUN
fbem-2038	44	69	growth	growth	NOUN
fbem-2038	44	70	tobin	tobin	PROPN
fbem-2038	44	71	q	q	PROPN
fbem-2038	44	72	value	value	NOUN
fbem-2038	44	73	of	of	ADP
fbem-2038	44	74	enterprise	enterprise	NOUN
fbem-2038	44	75	enterprise	enterprise	NOUN
fbem-2038	44	76	cash	cash	NOUN
fbem-2038	44	77	holding	holding	NOUN
fbem-2038	44	78	level	level	NOUN
fbem-2038	44	79	cash	cash	NOUN
fbem-2038	44	80	operating	operate	VERB
fbem-2038	44	81	cash	cash	NOUN
fbem-2038	44	82	flow	flow	NOUN
fbem-2038	44	83	/	/	SYM
fbem-2038	44	84	total	total	ADJ
fbem-2038	44	85	assets	asset	NOUN
fbem-2038	44	86	share	share	VERB
fbem-2038	44	87	holding	hold	VERB
fbem-2038	44	88	ratio	ratio	NOUN
fbem-2038	44	89	of	of	ADP
fbem-2038	44	90	institutional	institutional	ADJ
fbem-2038	44	91	investors	investor	NOUN
fbem-2038	44	92	ins	in	NOUN
fbem-2038	44	93	number	number	NOUN
fbem-2038	44	94	of	of	ADP
fbem-2038	44	95	institutional	institutional	ADJ
fbem-2038	44	96	shares	share	NOUN
fbem-2038	44	97	/	/	SYM
fbem-2038	44	98	total	total	ADJ
fbem-2038	44	99	share	share	NOUN
fbem-2038	44	100	capital	capital	NOUN
fbem-2038	44	101	proportion	proportion	NOUN
fbem-2038	44	102	of	of	ADP
fbem-2038	44	103	independent	independent	ADJ
fbem-2038	44	104	directors	director	NOUN
fbem-2038	44	105	indep	indep	NOUN
fbem-2038	44	106	number	number	NOUN
fbem-2038	44	107	of	of	ADP
fbem-2038	44	108	independent	independent	ADJ
fbem-2038	44	109	directors	director	NOUN
fbem-2038	44	110	/	/	SYM
fbem-2038	44	111	total	total	ADJ
fbem-2038	44	112	number	number	NOUN
fbem-2038	44	113	of	of	ADP
fbem-2038	44	114	directors	director	NOUN
fbem-2038	44	115	enterprise	enterprise	NOUN
fbem-2038	44	116	listing	listing	NOUN
fbem-2038	44	117	period	period	NOUN
fbem-2038	44	118	age	age	NOUN
fbem-2038	44	119	the	the	DET
fbem-2038	44	120	difference	difference	NOUN
fbem-2038	44	121	between	between	ADP
fbem-2038	44	122	the	the	DET
fbem-2038	44	123	current	current	ADJ
fbem-2038	44	124	year	year	NOUN
fbem-2038	44	125	and	and	CCONJ
fbem-2038	44	126	the	the	DET
fbem-2038	44	127	year	year	NOUN
fbem-2038	44	128	of	of	ADP
fbem-2038	44	129	listing	list	VERB
fbem-2038	44	130	2.3	2.3	NUM
fbem-2038	44	131	.	.	PUNCT
fbem-2038	45	1	measurement	measurement	NOUN
fbem-2038	45	2	model	model	NOUN
fbem-2038	45	3	setting	set	VERB
fbem-2038	45	4	in	in	ADP
fbem-2038	45	5	order	order	NOUN
fbem-2038	45	6	to	to	PART
fbem-2038	45	7	verify	verify	VERB
fbem-2038	45	8	the	the	DET
fbem-2038	45	9	impact	impact	NOUN
fbem-2038	45	10	of	of	ADP
fbem-2038	45	11	corporate	corporate	ADJ
fbem-2038	45	12	financialization	financialization	NOUN
fbem-2038	45	13	on	on	ADP
fbem-2038	45	14	total	total	ADJ
fbem-2038	45	15	factor	factor	NOUN
fbem-2038	45	16	productivity	productivity	NOUN
fbem-2038	45	17	,	,	PUNCT
fbem-2038	45	18	the	the	DET
fbem-2038	45	19	basic	basic	ADJ
fbem-2038	45	20	test	test	NOUN
fbem-2038	45	21	model	model	NOUN
fbem-2038	45	22	of	of	ADP
fbem-2038	45	23	this	this	DET
fbem-2038	45	24	paper	paper	NOUN
fbem-2038	45	25	is	be	AUX
fbem-2038	45	26	set	set	VERB
fbem-2038	45	27	as	as	SCONJ
fbem-2038	45	28	follows	follow	VERB
fbem-2038	45	29	:	:	PUNCT
fbem-2038	45	30	1	1	NUM
fbem-2038	45	31	0	0	NUM
fbem-2038	45	32	1	1	NUM
fbem-2038	45	33	2	2	NUM
fbem-2038	45	34	1it	1it	NOUN
fbem-2038	45	35	it	it	PRON
fbem-2038	46	1	it	it	PRON
fbem-2038	46	2	ittfp	ittfp	NOUN
fbem-2038	46	3	fin	fin	NOUN
fbem-2038	46	4	controls	control	VERB
fbem-2038	46	5	industry	industry	NOUN
fbem-2038	46	6	year	year	NUM
fbem-2038	46	7			NOUN
fbem-2038	46	8			X
fbem-2038	46	9			PROPN
fbem-2038	46	10			ADV
fbem-2038	46	11			ADV
fbem-2038	46	12			PROPN
fbem-2038	46	13			PUNCT
fbem-2038	46	14			PUNCT
fbem-2038	46	15			X
fbem-2038	46	16			X
fbem-2038	46	17	(	(	PUNCT
fbem-2038	46	18	3	3	X
fbem-2038	46	19	)	)	PUNCT
fbem-2038	46	20	among	among	ADP
fbem-2038	46	21	them	they	PRON
fbem-2038	46	22	,	,	PUNCT
fbem-2038	46	23	1ittfp	1ittfp	PROPN
fbem-2038	46	24			ADV
fbem-2038	46	25	is	be	AUX
fbem-2038	46	26	the	the	DET
fbem-2038	46	27	total	total	ADJ
fbem-2038	46	28	factor	factor	NOUN
fbem-2038	46	29	productivity	productivity	NOUN
fbem-2038	46	30	of	of	ADP
fbem-2038	46	31	enterprise	enterprise	NOUN
fbem-2038	46	32	i	i	PRON
fbem-2038	46	33	in	in	ADP
fbem-2038	46	34	t+1	t+1	NUM
fbem-2038	46	35	year	year	NOUN
fbem-2038	46	36	,	,	PUNCT
fbem-2038	46	37	itfin	itfin	NOUN
fbem-2038	46	38	is	be	AUX
fbem-2038	46	39	the	the	DET
fbem-2038	46	40	financialization	financialization	NOUN
fbem-2038	46	41	degree	degree	NOUN
fbem-2038	46	42	of	of	ADP
fbem-2038	46	43	enterprise	enterprise	NOUN
fbem-2038	46	44	i	i	PRON
fbem-2038	46	45	in	in	ADP
fbem-2038	46	46	t	t	PROPN
fbem-2038	46	47	year	year	NOUN
fbem-2038	46	48	,	,	PUNCT
fbem-2038	46	49	controls	control	NOUN
fbem-2038	46	50	is	be	AUX
fbem-2038	46	51	all	all	PRON
fbem-2038	46	52	control	control	NOUN
fbem-2038	46	53	variables	variable	NOUN
fbem-2038	46	54	,	,	PUNCT
fbem-2038	46	55	industry	industry	NOUN
fbem-2038	46	56	and	and	CCONJ
fbem-2038	46	57	year	year	NOUN
fbem-2038	46	58	are	be	AUX
fbem-2038	46	59	the	the	DET
fbem-2038	46	60	fixed	fix	VERB
fbem-2038	46	61	effects	effect	NOUN
fbem-2038	46	62	of	of	ADP
fbem-2038	46	63	industry	industry	NOUN
fbem-2038	46	64	291	291	NUM
fbem-2038	46	65	and	and	CCONJ
fbem-2038	46	66	time	time	NOUN
fbem-2038	46	67	,	,	PUNCT
fbem-2038	46	68	respectively	respectively	ADV
fbem-2038	46	69	,	,	PUNCT
fbem-2038	46	70	1it	1it	NOUN
fbem-2038	46	71			ADV
fbem-2038	46	72	is	be	AUX
fbem-2038	46	73	the	the	DET
fbem-2038	46	74	random	random	ADJ
fbem-2038	46	75	interference	interference	NOUN
fbem-2038	46	76	items	item	NOUN
fbem-2038	46	77	.	.	PUNCT
fbem-2038	47	1	in	in	ADP
fbem-2038	47	2	order	order	NOUN
fbem-2038	47	3	to	to	PART
fbem-2038	47	4	further	far	ADV
fbem-2038	47	5	verify	verify	VERB
fbem-2038	47	6	whether	whether	SCONJ
fbem-2038	47	7	corporate	corporate	ADJ
fbem-2038	47	8	financialization	financialization	NOUN
fbem-2038	47	9	has	have	VERB
fbem-2038	47	10	a	a	DET
fbem-2038	47	11	"	"	PUNCT
fbem-2038	47	12	u	u	NOUN
fbem-2038	47	13	"	"	PUNCT
fbem-2038	47	14	or	or	CCONJ
fbem-2038	47	15	inverted	invert	VERB
fbem-2038	47	16	"	"	PUNCT
fbem-2038	47	17	u	u	NOUN
fbem-2038	47	18	"	"	PUNCT
fbem-2038	47	19	impact	impact	NOUN
fbem-2038	47	20	on	on	ADP
fbem-2038	47	21	total	total	ADJ
fbem-2038	47	22	factor	factor	NOUN
fbem-2038	47	23	productivity	productivity	NOUN
fbem-2038	47	24	,	,	PUNCT
fbem-2038	47	25	this	this	DET
fbem-2038	47	26	paper	paper	NOUN
fbem-2038	47	27	adds	add	VERB
fbem-2038	47	28	the	the	DET
fbem-2038	47	29	square	square	ADJ
fbem-2038	47	30	term	term	NOUN
fbem-2038	47	31	of	of	ADP
fbem-2038	47	32	corporate	corporate	ADJ
fbem-2038	47	33	financialization	financialization	NOUN
fbem-2038	47	34	on	on	ADP
fbem-2038	47	35	the	the	DET
fbem-2038	47	36	basis	basis	NOUN
fbem-2038	47	37	of	of	ADP
fbem-2038	47	38	formula	formula	NOUN
fbem-2038	47	39	(	(	PUNCT
fbem-2038	47	40	4	4	NUM
fbem-2038	47	41	)	)	PUNCT
fbem-2038	47	42	.	.	PUNCT
fbem-2038	48	1	the	the	DET
fbem-2038	48	2	specific	specific	ADJ
fbem-2038	48	3	model	model	NOUN
fbem-2038	48	4	is	be	AUX
fbem-2038	48	5	:	:	PUNCT
fbem-2038	48	6	2	2	NUM
fbem-2038	48	7	1	1	NUM
fbem-2038	48	8	0	0	NUM
fbem-2038	48	9	1	1	NUM
fbem-2038	48	10	2	2	NUM
fbem-2038	48	11	3	3	NUM
fbem-2038	48	12	1it	1it	NOUN
fbem-2038	48	13	it	it	PRON
fbem-2038	49	1	it	it	PRON
fbem-2038	49	2	ittfp	ittfp	NOUN
fbem-2038	49	3	fin	fin	NOUN
fbem-2038	49	4	fin	fin	NOUN
fbem-2038	49	5	controls	control	VERB
fbem-2038	49	6	industry	industry	NOUN
fbem-2038	49	7	year	year	NUM
fbem-2038	49	8			NOUN
fbem-2038	49	9			X
fbem-2038	49	10			X
fbem-2038	49	11			PROPN
fbem-2038	49	12			ADV
fbem-2038	49	13			ADV
fbem-2038	49	14			PROPN
fbem-2038	49	15			PROPN
fbem-2038	49	16			PUNCT
fbem-2038	49	17			PUNCT
fbem-2038	49	18			X
fbem-2038	49	19			X
fbem-2038	49	20	(	(	PUNCT
fbem-2038	49	21	4	4	NUM
fbem-2038	49	22	)	)	PUNCT
fbem-2038	49	23	3	3	NUM
fbem-2038	49	24	.	.	PUNCT
fbem-2038	49	25	empirical	empirical	ADJ
fbem-2038	49	26	results	result	NOUN
fbem-2038	49	27	and	and	CCONJ
fbem-2038	49	28	discussion	discussion	NOUN
fbem-2038	49	29	3.1	3.1	NUM
fbem-2038	49	30	.	.	PUNCT
fbem-2038	50	1	descriptive	descriptive	ADJ
fbem-2038	50	2	statistics	statistic	NOUN
fbem-2038	50	3	the	the	DET
fbem-2038	50	4	descriptive	descriptive	ADJ
fbem-2038	50	5	statistical	statistical	ADJ
fbem-2038	50	6	results	result	NOUN
fbem-2038	50	7	of	of	ADP
fbem-2038	50	8	each	each	DET
fbem-2038	50	9	control	control	NOUN
fbem-2038	50	10	variable	variable	NOUN
fbem-2038	50	11	are	be	AUX
fbem-2038	50	12	shown	show	VERB
fbem-2038	50	13	in	in	ADP
fbem-2038	50	14	table	table	NOUN
fbem-2038	50	15	2	2	NUM
fbem-2038	50	16	.	.	PUNCT
fbem-2038	50	17	generally	generally	ADV
fbem-2038	50	18	speaking	speak	VERB
fbem-2038	50	19	,	,	PUNCT
fbem-2038	50	20	each	each	DET
fbem-2038	50	21	control	control	NOUN
fbem-2038	50	22	variable	variable	NOUN
fbem-2038	50	23	in	in	ADP
fbem-2038	50	24	the	the	DET
fbem-2038	50	25	sample	sample	NOUN
fbem-2038	50	26	index	index	NOUN
fbem-2038	50	27	has	have	VERB
fbem-2038	50	28	the	the	DET
fbem-2038	50	29	characteristics	characteristic	NOUN
fbem-2038	50	30	of	of	ADP
fbem-2038	50	31	great	great	ADJ
fbem-2038	50	32	differences	difference	NOUN
fbem-2038	50	33	.	.	PUNCT
fbem-2038	51	1	table	table	NOUN
fbem-2038	51	2	2	2	NUM
fbem-2038	51	3	.	.	PUNCT
fbem-2038	51	4	descriptive	descriptive	ADJ
fbem-2038	51	5	statistics	statistic	NOUN
fbem-2038	51	6	of	of	ADP
fbem-2038	51	7	main	main	ADJ
fbem-2038	51	8	variables	variable	NOUN
fbem-2038	51	9	variable	variable	ADJ
fbem-2038	51	10	observed	observe	VERB
fbem-2038	51	11	value	value	NOUN
fbem-2038	51	12	average	average	ADJ
fbem-2038	51	13	/	/	SYM
fbem-2038	51	14	mean	mean	NOUN
fbem-2038	51	15	value	value	NOUN
fbem-2038	51	16	median	median	NOUN
fbem-2038	51	17	standard	standard	ADJ
fbem-2038	51	18	deviation	deviation	NOUN
fbem-2038	51	19	maximum	maximum	ADJ
fbem-2038	51	20	minimum	minimum	NOUN
fbem-2038	51	21	value	value	NOUN
fbem-2038	51	22	tfp_ols	tfp_ol	VERB
fbem-2038	51	23	6257	6257	NUM
fbem-2038	51	24	0.0021	0.0021	NUM
fbem-2038	51	25	-0.0083	-0.0083	NOUN
fbem-2038	52	1	0.2678	0.2678	NUM
fbem-2038	52	2	0.7840	0.7840	NUM
fbem-2038	52	3	-0.6982	-0.6982	NOUN
fbem-2038	52	4	tfp_lp	tfp_lp	VERB
fbem-2038	52	5	6257	6257	NUM
fbem-2038	52	6	13.1953	13.1953	NUM
fbem-2038	52	7	13.1261	13.1261	NUM
fbem-2038	52	8	0.8275	0.8275	NUM
fbem-2038	52	9	15.4556	15.4556	NUM
fbem-2038	52	10	11.2675	11.2675	NUM
fbem-2038	52	11	fin	fin	NOUN
fbem-2038	52	12	6257	6257	NUM
fbem-2038	52	13	0.0151	0.0151	NUM
fbem-2038	52	14	0.0002	0.0002	NUM
fbem-2038	52	15	0.0424	0.0424	NUM
fbem-2038	52	16	0.3263	0.3263	NUM
fbem-2038	52	17	0	0	NUM
fbem-2038	52	18	size	size	NOUN
fbem-2038	52	19	6257	6257	NUM
fbem-2038	52	20	21.6512	21.6512	NUM
fbem-2038	52	21	21.5335	21.5335	NUM
fbem-2038	52	22	1.0359	1.0359	NUM
fbem-2038	52	23	24.8994	24.8994	NUM
fbem-2038	52	24	19.2439	19.2439	NUM
fbem-2038	52	25	lev	lev	NOUN
fbem-2038	52	26	6257	6257	NUM
fbem-2038	52	27	0.4157	0.4157	NUM
fbem-2038	52	28	0.4074	0.4074	NUM
fbem-2038	52	29	0.2107	0.2107	NUM
fbem-2038	52	30	0.9454	0.9454	NUM
fbem-2038	52	31	0.0454	0.0454	NUM
fbem-2038	52	32	roa	roa	NOUN
fbem-2038	52	33	6257	6257	NUM
fbem-2038	52	34	0.0624	0.0624	NUM
fbem-2038	52	35	0.0558	0.0558	NUM
fbem-2038	52	36	0.0611	0.0611	NUM
fbem-2038	52	37	0.2781	0.2781	NUM
fbem-2038	52	38	-0.1295	-0.1295	NOUN
fbem-2038	52	39	growth	growth	NOUN
fbem-2038	52	40	6257	6257	NUM
fbem-2038	52	41	1.9516	1.9516	NUM
fbem-2038	52	42	1.5935	1.5935	NUM
fbem-2038	52	43	1.4530	1.4530	NUM
fbem-2038	52	44	8.2346	8.2346	NUM
fbem-2038	52	45	0.2371	0.2371	NUM
fbem-2038	52	46	cash	cash	NOUN
fbem-2038	52	47	6257	6257	NUM
fbem-2038	52	48	0.0433	0.0433	NUM
fbem-2038	52	49	0.0413	0.0413	NUM
fbem-2038	52	50	0.0685	0.0685	NUM
fbem-2038	52	51	0.2417	0.2417	NUM
fbem-2038	52	52	-0.1510	-0.1510	ADJ
fbem-2038	52	53	ins	in	NOUN
fbem-2038	52	54	6257	6257	NUM
fbem-2038	53	1	0.0607	0.0607	NUM
fbem-2038	53	2	0.0342	0.0342	NUM
fbem-2038	53	3	0.0864	0.0864	NUM
fbem-2038	53	4	0.5204	0.5204	NUM
fbem-2038	53	5	0	0	NUM
fbem-2038	53	6	indep	indep	NOUN
fbem-2038	53	7	6257	6257	NUM
fbem-2038	53	8	0.3686	0.3686	NUM
fbem-2038	53	9	0.3333	0.3333	NUM
fbem-2038	53	10	0.0508	0.0508	NUM
fbem-2038	53	11	0.5714	0.5714	NUM
fbem-2038	53	12	0.3000	0.3000	NUM
fbem-2038	53	13	age	age	NOUN
fbem-2038	53	14	6257	6257	NUM
fbem-2038	53	15	7.5618	7.5618	NUM
fbem-2038	53	16	six	six	NUM
fbem-2038	53	17	5.4174	5.4174	NUM
fbem-2038	53	18	22	22	NUM
fbem-2038	53	19	one	one	NUM
fbem-2038	53	20	3.2	3.2	NUM
fbem-2038	53	21	.	.	PUNCT
fbem-2038	54	1	regression	regression	NOUN
fbem-2038	54	2	results	result	NOUN
fbem-2038	54	3	of	of	ADP
fbem-2038	54	4	benchmark	benchmark	NOUN
fbem-2038	54	5	model	model	NOUN
fbem-2038	54	6	using	use	VERB
fbem-2038	54	7	stata15.0	stata15.0	ADJ
fbem-2038	54	8	statistical	statistical	ADJ
fbem-2038	54	9	software	software	NOUN
fbem-2038	54	10	,	,	PUNCT
fbem-2038	54	11	ols	ol	NOUN
fbem-2038	54	12	mixed	mixed	ADJ
fbem-2038	54	13	regression	regression	NOUN
fbem-2038	54	14	is	be	AUX
fbem-2038	54	15	carried	carry	VERB
fbem-2038	54	16	out	out	ADP
fbem-2038	54	17	on	on	ADP
fbem-2038	54	18	formula	formula	NOUN
fbem-2038	54	19	(	(	PUNCT
fbem-2038	54	20	3	3	NUM
fbem-2038	54	21	)	)	PUNCT
fbem-2038	54	22	,	,	PUNCT
fbem-2038	54	23	and	and	CCONJ
fbem-2038	54	24	the	the	DET
fbem-2038	54	25	industry	industry	NOUN
fbem-2038	54	26	effect	effect	NOUN
fbem-2038	54	27	and	and	CCONJ
fbem-2038	54	28	year	year	NOUN
fbem-2038	54	29	effect	effect	NOUN
fbem-2038	54	30	are	be	AUX
fbem-2038	54	31	added	add	VERB
fbem-2038	54	32	to	to	ADP
fbem-2038	54	33	control[9	control[9	VERB
fbem-2038	54	34	]	]	PUNCT
fbem-2038	54	35	,	,	PUNCT
fbem-2038	54	36	so	so	SCONJ
fbem-2038	54	37	that	that	SCONJ
fbem-2038	54	38	the	the	DET
fbem-2038	54	39	correlation	correlation	NOUN
fbem-2038	54	40	coefficient	coefficient	NOUN
fbem-2038	54	41	between	between	ADP
fbem-2038	54	42	enterprise	enterprise	NOUN
fbem-2038	54	43	financialization	financialization	NOUN
fbem-2038	54	44	of	of	ADP
fbem-2038	54	45	explanatory	explanatory	ADJ
fbem-2038	54	46	variables	variable	NOUN
fbem-2038	54	47	and	and	CCONJ
fbem-2038	54	48	total	total	ADJ
fbem-2038	54	49	factor	factor	NOUN
fbem-2038	54	50	productivity	productivity	NOUN
fbem-2038	54	51	of	of	ADP
fbem-2038	54	52	explained	explain	VERB
fbem-2038	54	53	variables	variable	NOUN
fbem-2038	54	54	can	can	AUX
fbem-2038	54	55	be	be	AUX
fbem-2038	54	56	obtained	obtain	VERB
fbem-2038	54	57	,	,	PUNCT
fbem-2038	54	58	and	and	CCONJ
fbem-2038	54	59	the	the	DET
fbem-2038	54	60	influence	influence	NOUN
fbem-2038	54	61	of	of	ADP
fbem-2038	54	62	financialization	financialization	NOUN
fbem-2038	54	63	on	on	ADP
fbem-2038	54	64	tfp	tfp	PROPN
fbem-2038	54	65	can	can	AUX
fbem-2038	54	66	be	be	AUX
fbem-2038	54	67	verified	verify	VERB
fbem-2038	54	68	.	.	PUNCT
fbem-2038	55	1	in	in	ADP
fbem-2038	55	2	order	order	NOUN
fbem-2038	55	3	to	to	PART
fbem-2038	55	4	further	far	ADV
fbem-2038	55	5	investigate	investigate	VERB
fbem-2038	55	6	whether	whether	SCONJ
fbem-2038	55	7	the	the	DET
fbem-2038	55	8	financialization	financialization	NOUN
fbem-2038	55	9	of	of	ADP
fbem-2038	55	10	enterprises	enterprise	NOUN
fbem-2038	55	11	has	have	VERB
fbem-2038	55	12	a	a	DET
fbem-2038	55	13	nonlinear	nonlinear	ADJ
fbem-2038	55	14	effect	effect	NOUN
fbem-2038	55	15	on	on	ADP
fbem-2038	55	16	total	total	ADJ
fbem-2038	55	17	factor	factor	NOUN
fbem-2038	55	18	productivity	productivity	NOUN
fbem-2038	55	19	,	,	PUNCT
fbem-2038	55	20	according	accord	VERB
fbem-2038	55	21	to	to	ADP
fbem-2038	55	22	formula	formula	NOUN
fbem-2038	55	23	(	(	PUNCT
fbem-2038	55	24	4	4	NUM
fbem-2038	55	25	)	)	PUNCT
fbem-2038	55	26	,	,	PUNCT
fbem-2038	55	27	the	the	DET
fbem-2038	55	28	square	square	ADJ
fbem-2038	55	29	term	term	NOUN
fbem-2038	55	30	of	of	ADP
fbem-2038	55	31	financialization	financialization	NOUN
fbem-2038	55	32	fin	fin	NOUN
fbem-2038	55	33	is	be	AUX
fbem-2038	55	34	added	add	VERB
fbem-2038	55	35	for	for	ADP
fbem-2038	55	36	ols	ol	NOUN
fbem-2038	55	37	mixed	mix	VERB
fbem-2038	55	38	regression[10	regression[10	ADV
fbem-2038	55	39	]	]	PUNCT
fbem-2038	55	40	,	,	PUNCT
fbem-2038	55	41	and	and	CCONJ
fbem-2038	55	42	the	the	DET
fbem-2038	55	43	influence	influence	NOUN
fbem-2038	55	44	of	of	ADP
fbem-2038	55	45	financialization	financialization	NOUN
fbem-2038	55	46	and	and	CCONJ
fbem-2038	55	47	its	its	PRON
fbem-2038	55	48	square	square	ADJ
fbem-2038	55	49	term	term	NOUN
fbem-2038	55	50	on	on	ADP
fbem-2038	55	51	tfp	tfp	PROPN
fbem-2038	55	52	is	be	AUX
fbem-2038	55	53	obtained	obtain	VERB
fbem-2038	55	54	.	.	PUNCT
fbem-2038	56	1	the	the	DET
fbem-2038	56	2	specific	specific	ADJ
fbem-2038	56	3	regression	regression	NOUN
fbem-2038	56	4	results	result	NOUN
fbem-2038	56	5	are	be	AUX
fbem-2038	56	6	shown	show	VERB
fbem-2038	56	7	in	in	ADP
fbem-2038	56	8	table	table	NOUN
fbem-2038	56	9	3	3	NUM
fbem-2038	56	10	.	.	PUNCT
fbem-2038	56	11	table	table	NOUN
fbem-2038	56	12	3	3	NUM
fbem-2038	56	13	.	.	PUNCT
fbem-2038	56	14	benchmark	benchmark	NOUN
fbem-2038	56	15	regression	regression	NOUN
fbem-2038	56	16	results	result	NOUN
fbem-2038	56	17	of	of	ADP
fbem-2038	56	18	the	the	DET
fbem-2038	56	19	impact	impact	NOUN
fbem-2038	56	20	of	of	ADP
fbem-2038	56	21	corporate	corporate	ADJ
fbem-2038	56	22	financialization	financialization	NOUN
fbem-2038	56	23	on	on	ADP
fbem-2038	56	24	total	total	ADJ
fbem-2038	56	25	factor	factor	NOUN
fbem-2038	56	26	productivity	productivity	NOUN
fbem-2038	56	27	variable	variable	NOUN
fbem-2038	56	28	tfp_ols	tfp_ol	NOUN
fbem-2038	56	29	tfp_lp	tfp_lp	PUNCT
fbem-2038	56	30	(	(	PUNCT
fbem-2038	56	31	1	1	X
fbem-2038	56	32	)	)	PUNCT
fbem-2038	56	33	(	(	PUNCT
fbem-2038	56	34	2	2	NUM
fbem-2038	56	35	)	)	PUNCT
fbem-2038	56	36	(	(	PUNCT
fbem-2038	56	37	3	3	X
fbem-2038	56	38	)	)	PUNCT
fbem-2038	56	39	(	(	PUNCT
fbem-2038	56	40	4	4	NUM
fbem-2038	56	41	)	)	PUNCT
fbem-2038	56	42	(	(	PUNCT
fbem-2038	56	43	5	5	NUM
fbem-2038	56	44	)	)	PUNCT
fbem-2038	56	45	(	(	PUNCT
fbem-2038	56	46	6	6	X
fbem-2038	56	47	)	)	PUNCT
fbem-2038	56	48	fin	fin	NOUN
fbem-2038	56	49	-0.5736	-0.5736	NOUN
fbem-2038	56	50	*	*	PUNCT
fbem-2038	56	51	*	*	PUNCT
fbem-2038	56	52	*	*	PUNCT
fbem-2038	56	53	(	(	PUNCT
fbem-2038	56	54	-6.53	-6.53	NOUN
fbem-2038	56	55	)	)	PUNCT
fbem-2038	56	56	-0.5488	-0.5488	NOUN
fbem-2038	56	57	*	*	PUNCT
fbem-2038	56	58	*	*	PUNCT
fbem-2038	56	59	*	*	PUNCT
fbem-2038	56	60	(	(	PUNCT
fbem-2038	56	61	-6.50	-6.50	NOUN
fbem-2038	56	62	)	)	PUNCT
fbem-2038	56	63	-0.0301	-0.0301	NOUN
fbem-2038	57	1	*	*	PUNCT
fbem-2038	57	2	*	*	PUNCT
fbem-2038	57	3	*	*	PUNCT
fbem-2038	57	4	(	(	PUNCT
fbem-2038	57	5	-0.15	-0.15	NOUN
fbem-2038	57	6	)	)	PUNCT
fbem-2038	57	7	-0.2313	-0.2313	PUNCT
fbem-2038	58	1	*	*	PUNCT
fbem-2038	58	2	*	*	PUNCT
fbem-2038	58	3	(	(	PUNCT
fbem-2038	58	4	-0.96	-0.96	NOUN
fbem-2038	58	5	)	)	PUNCT
fbem-2038	58	6	-0.1146	-0.1146	NOUN
fbem-2038	58	7	*	*	PUNCT
fbem-2038	58	8	*	*	PUNCT
fbem-2038	58	9	(	(	PUNCT
fbem-2038	58	10	-0.65	-0.65	NOUN
fbem-2038	58	11	)	)	PUNCT
fbem-2038	58	12	-1.1515	-1.1515	NOUN
fbem-2038	58	13	*	*	PUNCT
fbem-2038	58	14	*	*	PUNCT
fbem-2038	58	15	*	*	PUNCT
fbem-2038	58	16	(	(	PUNCT
fbem-2038	58	17	-3.43	-3.43	NOUN
fbem-2038	58	18	)	)	PUNCT
fbem-2038	58	19	fin2	fin2	NOUN
fbem-2038	58	20	/	/	SYM
fbem-2038	58	21	/	/	SYM
fbem-2038	58	22	-2.2082	-2.2082	NOUN
fbem-2038	58	23	(	(	PUNCT
fbem-2038	58	24	-2.61	-2.61	NOUN
fbem-2038	58	25	)	)	PUNCT
fbem-2038	58	26	/	/	SYM
fbem-2038	58	27	/	/	SYM
fbem-2038	58	28	-6.9404	-6.9404	NOUN
fbem-2038	58	29	(	(	PUNCT
fbem-2038	58	30	-3.97	-3.97	NOUN
fbem-2038	58	31	)	)	PUNCT
fbem-2038	58	32	size	size	NOUN
fbem-2038	58	33	/	/	SYM
fbem-2038	58	34	-0.0233	-0.0233	NOUN
fbem-2038	58	35	*	*	PUNCT
fbem-2038	58	36	*	*	PUNCT
fbem-2038	58	37	*	*	PUNCT
fbem-2038	58	38	(	(	PUNCT
fbem-2038	58	39	-4.94	-4.94	NOUN
fbem-2038	58	40	)	)	PUNCT
fbem-2038	58	41	-0.0232	-0.0232	NOUN
fbem-2038	59	1	*	*	PUNCT
fbem-2038	59	2	*	*	PUNCT
fbem-2038	59	3	*	*	PUNCT
fbem-2038	59	4	(	(	PUNCT
fbem-2038	59	5	-4.94	-4.94	NOUN
fbem-2038	59	6	)	)	PUNCT
fbem-2038	59	7	/	/	PUNCT
fbem-2038	59	8	-0.5099	-0.5099	NOUN
fbem-2038	60	1	*	*	PUNCT
fbem-2038	60	2	*	*	PUNCT
fbem-2038	60	3	*	*	PUNCT
fbem-2038	60	4	(	(	PUNCT
fbem-2038	60	5	-52.49	-52.49	NOUN
fbem-2038	60	6	)	)	PUNCT
fbem-2038	60	7	-0.5102	-0.5102	NOUN
fbem-2038	60	8	*	*	PUNCT
fbem-2038	61	1	*	*	PUNCT
fbem-2038	61	2	*	*	PUNCT
fbem-2038	61	3	(	(	PUNCT
fbem-2038	61	4	-52.76	-52.76	PROPN
fbem-2038	61	5	)	)	PUNCT
fbem-2038	61	6	lev	lev	NOUN
fbem-2038	61	7	/	/	SYM
fbem-2038	61	8	-0.1011	-0.1011	X
fbem-2038	62	1	*	*	PUNCT
fbem-2038	62	2	*	*	PUNCT
fbem-2038	62	3	*	*	PUNCT
fbem-2038	62	4	(	(	PUNCT
fbem-2038	62	5	-4.32	-4.32	NOUN
fbem-2038	62	6	)	)	PUNCT
fbem-2038	62	7	-0.1027	-0.1027	NOUN
fbem-2038	63	1	*	*	PUNCT
fbem-2038	63	2	*	*	PUNCT
fbem-2038	63	3	*	*	PUNCT
fbem-2038	63	4	(	(	PUNCT
fbem-2038	63	5	-4.41	-4.41	NOUN
fbem-2038	63	6	)	)	PUNCT
fbem-2038	63	7	/	/	SYM
fbem-2038	63	8	-0.4187	-0.4187	NOUN
fbem-2038	63	9	*	*	PUNCT
fbem-2038	63	10	*	*	PUNCT
fbem-2038	63	11	*	*	PUNCT
fbem-2038	63	12	(	(	PUNCT
fbem-2038	63	13	-8.53	-8.53	NOUN
fbem-2038	63	14	)	)	PUNCT
fbem-2038	63	15	-0.4233	-0.4233	NOUN
fbem-2038	63	16	*	*	PUNCT
fbem-2038	64	1	*	*	PUNCT
fbem-2038	64	2	*	*	PUNCT
fbem-2038	64	3	(	(	PUNCT
fbem-2038	64	4	-8.68	-8.68	NOUN
fbem-2038	64	5	)	)	PUNCT
fbem-2038	64	6	roa	roa	NOUN
fbem-2038	64	7	/	/	SYM
fbem-2038	64	8	1.2480	1.2480	NUM
fbem-2038	64	9	*	*	PUNCT
fbem-2038	64	10	*	*	PUNCT
fbem-2038	64	11	*	*	PUNCT
fbem-2038	64	12	(	(	PUNCT
fbem-2038	64	13	15.71	15.71	NUM
fbem-2038	64	14	)	)	PUNCT
fbem-2038	64	15	1.2494	1.2494	NUM
fbem-2038	64	16	*	*	PUNCT
fbem-2038	64	17	*	*	PUNCT
fbem-2038	64	18	*	*	PUNCT
fbem-2038	64	19	(	(	PUNCT
fbem-2038	64	20	15.79	15.79	NUM
fbem-2038	64	21	)	)	PUNCT
fbem-2038	64	22	/	/	PUNCT
fbem-2038	65	1	2.9692	2.9692	NUM
fbem-2038	65	2	*	*	PUNCT
fbem-2038	65	3	*	*	PUNCT
fbem-2038	65	4	*	*	PUNCT
fbem-2038	65	5	(	(	PUNCT
fbem-2038	65	6	17.22	17.22	NUM
fbem-2038	65	7	)	)	PUNCT
fbem-2038	65	8	2.9738	2.9738	NUM
fbem-2038	65	9	*	*	PUNCT
fbem-2038	65	10	*	*	PUNCT
fbem-2038	65	11	*	*	PUNCT
fbem-2038	65	12	(	(	PUNCT
fbem-2038	65	13	17.31	17.31	NUM
fbem-2038	65	14	)	)	PUNCT
fbem-2038	65	15	growth	growth	NOUN
fbem-2038	65	16	/	/	SYM
fbem-2038	65	17	-0.0010	-0.0010	NOUN
fbem-2038	65	18	(	(	PUNCT
fbem-2038	65	19	-0.30	-0.30	PROPN
fbem-2038	65	20	)	)	PUNCT
fbem-2038	65	21	-0.0007	-0.0007	NOUN
fbem-2038	65	22	(	(	PUNCT
fbem-2038	65	23	-0.21	-0.21	NUM
fbem-2038	65	24	)	)	PUNCT
fbem-2038	65	25	/	/	SYM
fbem-2038	65	26	-0.0113	-0.0113	PROPN
fbem-2038	65	27	(	(	PUNCT
fbem-2038	65	28	-1.59	-1.59	NUM
fbem-2038	65	29	)	)	PUNCT
fbem-2038	65	30	-0.0104	-0.0104	NOUN
fbem-2038	65	31	(	(	PUNCT
fbem-2038	65	32	-1.46	-1.46	NOUN
fbem-2038	65	33	)	)	PUNCT
fbem-2038	65	34	cash	cash	NOUN
fbem-2038	65	35	/	/	PUNCT
fbem-2038	66	1	0.9250	0.9250	NUM
fbem-2038	66	2	*	*	PUNCT
fbem-2038	66	3	*	*	PUNCT
fbem-2038	66	4	*	*	PUNCT
fbem-2038	66	5	(	(	PUNCT
fbem-2038	66	6	16.51	16.51	NUM
fbem-2038	66	7	)	)	PUNCT
fbem-2038	66	8	0.9215	0.9215	NUM
fbem-2038	66	9	*	*	PUNCT
fbem-2038	66	10	*	*	PUNCT
fbem-2038	66	11	*	*	PUNCT
fbem-2038	66	12	(	(	PUNCT
fbem-2038	66	13	16.49	16.49	NUM
fbem-2038	66	14	)	)	PUNCT
fbem-2038	66	15	/	/	SYM
fbem-2038	67	1	0.3026	0.3026	NUM
fbem-2038	67	2	*	*	PUNCT
fbem-2038	67	3	*	*	PUNCT
fbem-2038	67	4	(	(	PUNCT
fbem-2038	67	5	2.44	2.44	NUM
fbem-2038	67	6	)	)	PUNCT
fbem-2038	67	7	0.2917	0.2917	NUM
fbem-2038	67	8	*	*	PUNCT
fbem-2038	67	9	*	*	PUNCT
fbem-2038	67	10	(	(	PUNCT
fbem-2038	67	11	2.36	2.36	NUM
fbem-2038	67	12	)	)	PUNCT
fbem-2038	67	13	ins	in	NOUN
fbem-2038	67	14	/	/	PUNCT
fbem-2038	67	15	0.2237	0.2237	NUM
fbem-2038	67	16	*	*	PUNCT
fbem-2038	67	17	*	*	PUNCT
fbem-2038	67	18	*	*	PUNCT
fbem-2038	67	19	(	(	PUNCT
fbem-2038	67	20	5.76	5.76	NUM
fbem-2038	67	21	)	)	PUNCT
fbem-2038	67	22	0.2255	0.2255	NUM
fbem-2038	67	23	*	*	PUNCT
fbem-2038	67	24	*	*	PUNCT
fbem-2038	67	25	*	*	PUNCT
fbem-2038	67	26	(	(	PUNCT
fbem-2038	67	27	5.82	5.82	NUM
fbem-2038	67	28	)	)	PUNCT
fbem-2038	67	29	/	/	PUNCT
fbem-2038	67	30	0.0547	0.0547	NUM
fbem-2038	67	31	*	*	SYM
fbem-2038	67	32	(	(	PUNCT
fbem-2038	67	33	0.66	0.66	NUM
fbem-2038	67	34	)	)	PUNCT
fbem-2038	67	35	0.0603	0.0603	NOUN
fbem-2038	67	36	*	*	SYM
fbem-2038	67	37	(	(	PUNCT
fbem-2038	67	38	0.74	0.74	NUM
fbem-2038	67	39	)	)	PUNCT
fbem-2038	67	40	indep	indep	NOUN
fbem-2038	67	41	/	/	SYM
fbem-2038	67	42	-0.1788	-0.1788	NOUN
fbem-2038	67	43	*	*	PUNCT
fbem-2038	67	44	*	*	PUNCT
fbem-2038	67	45	*	*	PUNCT
fbem-2038	67	46	(	(	PUNCT
fbem-2038	67	47	-3.12	-3.12	NOUN
fbem-2038	67	48	)	)	PUNCT
fbem-2038	67	49	-0.1752	-0.1752	NOUN
fbem-2038	67	50	*	*	PUNCT
fbem-2038	67	51	*	*	PUNCT
fbem-2038	67	52	*	*	PUNCT
fbem-2038	67	53	(	(	PUNCT
fbem-2038	67	54	-3.06	-3.06	NUM
fbem-2038	67	55	)	)	PUNCT
fbem-2038	67	56	/	/	SYM
fbem-2038	67	57	0.0645	0.0645	NUM
fbem-2038	67	58	(	(	PUNCT
fbem-2038	67	59	0.51	0.51	NUM
fbem-2038	67	60	)	)	PUNCT
fbem-2038	67	61	0.0758	0.0758	NUM
fbem-2038	67	62	(	(	PUNCT
fbem-2038	67	63	0.60	0.60	NUM
fbem-2038	67	64	)	)	PUNCT
fbem-2038	67	65	age	age	NOUN
fbem-2038	67	66	/	/	SYM
fbem-2038	67	67	0.0036	0.0036	NUM
fbem-2038	67	68	*	*	PUNCT
fbem-2038	67	69	*	*	PUNCT
fbem-2038	67	70	*	*	PUNCT
fbem-2038	67	71	(	(	PUNCT
fbem-2038	67	72	4.69	4.69	NUM
fbem-2038	67	73	)	)	PUNCT
fbem-2038	67	74	0.0034	0.0034	NUM
fbem-2038	67	75	*	*	PUNCT
fbem-2038	67	76	*	*	PUNCT
fbem-2038	67	77	*	*	PUNCT
fbem-2038	67	78	(	(	PUNCT
fbem-2038	67	79	4.30	4.30	NUM
fbem-2038	67	80	)	)	PUNCT
fbem-2038	67	81	/	/	PUNCT
fbem-2038	67	82	0.0071	0.0071	NUM
fbem-2038	67	83	*	*	PUNCT
fbem-2038	67	84	*	*	PUNCT
fbem-2038	67	85	*	*	PUNCT
fbem-2038	67	86	(	(	PUNCT
fbem-2038	67	87	4.51	4.51	NUM
fbem-2038	67	88	)	)	PUNCT
fbem-2038	67	89	0.0062	0.0062	NUM
fbem-2038	67	90	*	*	PUNCT
fbem-2038	67	91	*	*	PUNCT
fbem-2038	67	92	*	*	PUNCT
fbem-2038	67	93	(	(	PUNCT
fbem-2038	67	94	3.93	3.93	NUM
fbem-2038	67	95	)	)	PUNCT
fbem-2038	67	96	constant	constant	ADJ
fbem-2038	67	97	term	term	NOUN
fbem-2038	67	98	-0.0424	-0.0424	VERB
fbem-2038	67	99	*	*	PROPN
fbem-2038	67	100	*	*	PUNCT
fbem-2038	67	101	(	(	PUNCT
fbem-2038	67	102	-1.96	-1.96	NUM
fbem-2038	67	103	)	)	PUNCT
fbem-2038	67	104	0.2833	0.2833	NUM
fbem-2038	67	105	*	*	PUNCT
fbem-2038	67	106	*	*	PUNCT
fbem-2038	67	107	*	*	PUNCT
fbem-2038	67	108	(	(	PUNCT
fbem-2038	67	109	2.93	2.93	NUM
fbem-2038	67	110	)	)	PUNCT
fbem-2038	67	111	0.2787	0.2787	NUM
fbem-2038	68	1	*	*	PUNCT
fbem-2038	68	2	*	*	PUNCT
fbem-2038	68	3	*	*	PUNCT
fbem-2038	68	4	(	(	PUNCT
fbem-2038	68	5	2.88	2.88	NUM
fbem-2038	68	6	)	)	PUNCT
fbem-2038	68	7	13.5468	13.5468	NUM
fbem-2038	68	8	*	*	PUNCT
fbem-2038	68	9	*	*	PUNCT
fbem-2038	68	10	*	*	PUNCT
fbem-2038	68	11	(	(	PUNCT
fbem-2038	68	12	155.09	155.09	NUM
fbem-2038	68	13	)	)	PUNCT
fbem-2038	68	14	2.1317	2.1317	NUM
fbem-2038	68	15	*	*	PUNCT
fbem-2038	68	16	*	*	PUNCT
fbem-2038	68	17	*	*	PUNCT
fbem-2038	68	18	(	(	PUNCT
fbem-2038	68	19	10.35	10.35	NUM
fbem-2038	68	20	)	)	PUNCT
fbem-2038	68	21	2.1171	2.1171	NUM
fbem-2038	68	22	*	*	PUNCT
fbem-2038	68	23	*	*	PUNCT
fbem-2038	68	24	*	*	PUNCT
fbem-2038	68	25	(	(	PUNCT
fbem-2038	68	26	10.31	10.31	NUM
fbem-2038	68	27	)	)	PUNCT
fbem-2038	68	28	industry	industry	NOUN
fbem-2038	68	29	control	control	NOUN
fbem-2038	68	30	control	control	PROPN
fbem-2038	68	31	control	control	PROPN
fbem-2038	68	32	control	control	PROPN
fbem-2038	68	33	control	control	PROPN
fbem-2038	68	34	control	control	PROPN
fbem-2038	68	35	time	time	PROPN
fbem-2038	68	36	control	control	PROPN
fbem-2038	68	37	control	control	PROPN
fbem-2038	68	38	control	control	PROPN
fbem-2038	68	39	control	control	PROPN
fbem-2038	68	40	control	control	PROPN
fbem-2038	68	41	control	control	PROPN
fbem-2038	68	42	observed	observe	VERB
fbem-2038	68	43	value	value	NOUN
fbem-2038	68	44	6257	6257	NUM
fbem-2038	68	45	6257	6257	NUM
fbem-2038	68	46	6257	6257	NUM
fbem-2038	68	47	6257	6257	NUM
fbem-2038	68	48	6257	6257	NUM
fbem-2038	68	49	6257	6257	NUM
fbem-2038	68	50	r2	r2	PROPN
fbem-2038	68	51	0.0302	0.0302	NUM
fbem-2038	68	52	0.2040	0.2040	NUM
fbem-2038	68	53	0.2051	0.2051	NUM
fbem-2038	68	54	0.1249	0.1249	NUM
fbem-2038	68	55	0.6517	0.6517	NUM
fbem-2038	68	56	0.6529	0.6529	NUM
fbem-2038	68	57	variance	variance	NOUN
fbem-2038	68	58	ratio	ratio	NOUN
fbem-2038	68	59	6.55	6.55	NUM
fbem-2038	68	60	*	*	PUNCT
fbem-2038	68	61	*	*	PUNCT
fbem-2038	68	62	*	*	PUNCT
fbem-2038	69	1	37.16	37.16	NUM
fbem-2038	69	2	*	*	PUNCT
fbem-2038	69	3	*	*	PUNCT
fbem-2038	69	4	*	*	PUNCT
fbem-2038	69	5	36.59	36.59	NUM
fbem-2038	69	6	*	*	PUNCT
fbem-2038	69	7	*	*	PUNCT
fbem-2038	69	8	*	*	PUNCT
fbem-2038	69	9	24.17	24.17	NUM
fbem-2038	69	10	*	*	PUNCT
fbem-2038	69	11	*	*	PUNCT
fbem-2038	69	12	*	*	PUNCT
fbem-2038	69	13	293.39	293.39	NUM
fbem-2038	69	14	*	*	PUNCT
fbem-2038	69	15	*	*	PUNCT
fbem-2038	69	16	*	*	PUNCT
fbem-2038	70	1	289.58	289.58	NUM
fbem-2038	70	2	*	*	PUNCT
fbem-2038	70	3	*	*	PUNCT
fbem-2038	70	4	*	*	PUNCT
fbem-2038	70	5	note	note	NOUN
fbem-2038	70	6	:	:	PUNCT
fbem-2038	70	7	(	(	PUNCT
fbem-2038	70	8	1	1	X
fbem-2038	70	9	)	)	PUNCT
fbem-2038	70	10	*	*	PUNCT
fbem-2038	70	11	,	,	PUNCT
fbem-2038	70	12	*	*	PUNCT
fbem-2038	71	1	*	*	PUNCT
fbem-2038	71	2	,	,	PUNCT
fbem-2038	71	3	*	*	PUNCT
fbem-2038	71	4	*	*	PUNCT
fbem-2038	71	5	means	mean	VERB
fbem-2038	71	6	passing	pass	VERB
fbem-2038	71	7	the	the	DET
fbem-2038	71	8	test	test	NOUN
fbem-2038	71	9	at	at	ADP
fbem-2038	71	10	the	the	DET
fbem-2038	71	11	significance	significance	NOUN
fbem-2038	71	12	level	level	NOUN
fbem-2038	71	13	of	of	ADP
fbem-2038	71	14	10	10	NUM
fbem-2038	71	15	%	%	NOUN
fbem-2038	71	16	,	,	PUNCT
fbem-2038	71	17	5	5	NUM
fbem-2038	71	18	%	%	NOUN
fbem-2038	71	19	and	and	CCONJ
fbem-2038	71	20	1	1	NUM
fbem-2038	71	21	%	%	NOUN
fbem-2038	71	22	respectively	respectively	ADV
fbem-2038	71	23	;	;	PUNCT
fbem-2038	71	24	(	(	PUNCT
fbem-2038	71	25	2	2	X
fbem-2038	71	26	)	)	PUNCT
fbem-2038	71	27	robust	robust	ADJ
fbem-2038	71	28	t	t	NOUN
fbem-2038	71	29	value	value	NOUN
fbem-2038	71	30	in	in	ADP
fbem-2038	71	31	brackets	bracket	NOUN
fbem-2038	71	32	.	.	PUNCT
fbem-2038	72	1	292	292	NUM
fbem-2038	72	2	the	the	DET
fbem-2038	72	3	coefficients	coefficient	NOUN
fbem-2038	72	4	of	of	ADP
fbem-2038	72	5	fin	fin	NOUN
fbem-2038	72	6	in	in	ADP
fbem-2038	72	7	column	column	NOUN
fbem-2038	72	8	(	(	PUNCT
fbem-2038	72	9	1	1	NUM
fbem-2038	72	10	)	)	PUNCT
fbem-2038	72	11	and	and	CCONJ
fbem-2038	72	12	column	column	NOUN
fbem-2038	72	13	(	(	PUNCT
fbem-2038	72	14	4	4	X
fbem-2038	72	15	)	)	PUNCT
fbem-2038	72	16	are	be	AUX
fbem-2038	72	17	significantly	significantly	ADV
fbem-2038	72	18	negative	negative	ADJ
fbem-2038	72	19	at	at	ADP
fbem-2038	72	20	the	the	DET
fbem-2038	72	21	level	level	NOUN
fbem-2038	72	22	of	of	ADP
fbem-2038	72	23	1	1	NUM
fbem-2038	72	24	%	%	NOUN
fbem-2038	72	25	and	and	CCONJ
fbem-2038	72	26	5	5	NUM
fbem-2038	72	27	%	%	NOUN
fbem-2038	72	28	respectively	respectively	ADV
fbem-2038	72	29	,	,	PUNCT
fbem-2038	72	30	indicating	indicate	VERB
fbem-2038	72	31	that	that	SCONJ
fbem-2038	72	32	financialization	financialization	NOUN
fbem-2038	72	33	will	will	AUX
fbem-2038	72	34	have	have	VERB
fbem-2038	72	35	a	a	DET
fbem-2038	72	36	negative	negative	ADJ
fbem-2038	72	37	effect	effect	NOUN
fbem-2038	72	38	on	on	ADP
fbem-2038	72	39	the	the	DET
fbem-2038	72	40	improvement	improvement	NOUN
fbem-2038	72	41	of	of	ADP
fbem-2038	72	42	total	total	ADJ
fbem-2038	72	43	factor	factor	NOUN
fbem-2038	72	44	productivity	productivity	NOUN
fbem-2038	72	45	of	of	ADP
fbem-2038	72	46	enterprises	enterprise	NOUN
fbem-2038	72	47	without	without	ADP
fbem-2038	72	48	adding	add	VERB
fbem-2038	72	49	control	control	NOUN
fbem-2038	72	50	variables	variable	NOUN
fbem-2038	72	51	.	.	PUNCT
fbem-2038	73	1	after	after	ADP
fbem-2038	73	2	adding	add	VERB
fbem-2038	73	3	control	control	NOUN
fbem-2038	73	4	variables	variable	NOUN
fbem-2038	73	5	,	,	PUNCT
fbem-2038	73	6	the	the	DET
fbem-2038	73	7	coefficients	coefficient	NOUN
fbem-2038	73	8	of	of	ADP
fbem-2038	73	9	fin	fin	NOUN
fbem-2038	73	10	in	in	ADP
fbem-2038	73	11	the	the	DET
fbem-2038	73	12	second	second	ADJ
fbem-2038	73	13	and	and	CCONJ
fbem-2038	73	14	fifth	fifth	ADJ
fbem-2038	73	15	columns	column	NOUN
fbem-2038	73	16	are	be	AUX
fbem-2038	73	17	-0.5488	-0.5488	ADJ
fbem-2038	73	18	and	and	CCONJ
fbem-2038	73	19	-0.1146	-0.1146	PROPN
fbem-2038	73	20	,	,	PUNCT
fbem-2038	73	21	which	which	PRON
fbem-2038	73	22	are	be	AUX
fbem-2038	73	23	significantly	significantly	ADV
fbem-2038	73	24	negative	negative	ADJ
fbem-2038	73	25	at	at	ADP
fbem-2038	73	26	the	the	DET
fbem-2038	73	27	levels	level	NOUN
fbem-2038	73	28	of	of	ADP
fbem-2038	73	29	1	1	NUM
fbem-2038	73	30	%	%	NOUN
fbem-2038	73	31	and	and	CCONJ
fbem-2038	73	32	5	5	NUM
fbem-2038	73	33	%	%	NOUN
fbem-2038	73	34	,	,	PUNCT
fbem-2038	73	35	respectively	respectively	ADV
fbem-2038	73	36	.	.	PUNCT
fbem-2038	74	1	this	this	PRON
fbem-2038	74	2	means	mean	VERB
fbem-2038	74	3	that	that	SCONJ
fbem-2038	74	4	the	the	PRON
fbem-2038	74	5	higher	high	ADJ
fbem-2038	74	6	the	the	DET
fbem-2038	74	7	degree	degree	NOUN
fbem-2038	74	8	of	of	ADP
fbem-2038	74	9	financialization	financialization	NOUN
fbem-2038	74	10	of	of	ADP
fbem-2038	74	11	manufacturing	manufacturing	NOUN
fbem-2038	74	12	enterprises	enterprise	NOUN
fbem-2038	74	13	in	in	ADP
fbem-2038	74	14	china	china	PROPN
fbem-2038	74	15	,	,	PUNCT
fbem-2038	74	16	the	the	DET
fbem-2038	74	17	more	more	ADV
fbem-2038	74	18	restricted	restrict	VERB
fbem-2038	74	19	the	the	DET
fbem-2038	74	20	improvement	improvement	NOUN
fbem-2038	74	21	of	of	ADP
fbem-2038	74	22	total	total	ADJ
fbem-2038	74	23	factor	factor	NOUN
fbem-2038	74	24	productivity	productivity	NOUN
fbem-2038	74	25	.	.	PUNCT
fbem-2038	75	1	columns	column	NOUN
fbem-2038	75	2	(	(	PUNCT
fbem-2038	75	3	3	3	NUM
fbem-2038	75	4	)	)	PUNCT
fbem-2038	75	5	and	and	CCONJ
fbem-2038	75	6	(	(	PUNCT
fbem-2038	75	7	6	6	NUM
fbem-2038	75	8	)	)	PUNCT
fbem-2038	75	9	mainly	mainly	ADV
fbem-2038	75	10	examine	examine	VERB
fbem-2038	75	11	whether	whether	SCONJ
fbem-2038	75	12	financialization	financialization	NOUN
fbem-2038	75	13	has	have	VERB
fbem-2038	75	14	a	a	DET
fbem-2038	75	15	nonlinear	nonlinear	ADJ
fbem-2038	75	16	impact	impact	NOUN
fbem-2038	75	17	on	on	ADP
fbem-2038	75	18	tfp	tfp	PROPN
fbem-2038	75	19	of	of	ADP
fbem-2038	75	20	enterprises	enterprise	NOUN
fbem-2038	75	21	.	.	PUNCT
fbem-2038	76	1	therefore	therefore	ADV
fbem-2038	76	2	,	,	PUNCT
fbem-2038	76	3	the	the	DET
fbem-2038	76	4	square	square	ADJ
fbem-2038	76	5	term	term	NOUN
fbem-2038	76	6	of	of	ADP
fbem-2038	76	7	financialization	financialization	NOUN
fbem-2038	76	8	degree	degree	NOUN
fbem-2038	76	9	is	be	AUX
fbem-2038	76	10	introduced	introduce	VERB
fbem-2038	76	11	into	into	ADP
fbem-2038	76	12	regression	regression	NOUN
fbem-2038	76	13	equation	equation	NOUN
fbem-2038	76	14	(	(	PUNCT
fbem-2038	76	15	5	5	NUM
fbem-2038	76	16	)	)	PUNCT
fbem-2038	76	17	and	and	CCONJ
fbem-2038	76	18	tested	test	VERB
fbem-2038	76	19	.	.	PUNCT
fbem-2038	77	1	columns	column	NOUN
fbem-2038	77	2	(	(	PUNCT
fbem-2038	77	3	3	3	NUM
fbem-2038	77	4	)	)	PUNCT
fbem-2038	77	5	and	and	CCONJ
fbem-2038	77	6	(	(	PUNCT
fbem-2038	77	7	6	6	X
fbem-2038	77	8	)	)	PUNCT
fbem-2038	77	9	show	show	VERB
fbem-2038	77	10	that	that	SCONJ
fbem-2038	77	11	the	the	DET
fbem-2038	77	12	result	result	NOUN
fbem-2038	77	13	of	of	ADP
fbem-2038	77	14	financialization	financialization	NOUN
fbem-2038	77	15	fin	fin	NOUN
fbem-2038	77	16	is	be	AUX
fbem-2038	77	17	still	still	ADV
fbem-2038	77	18	significantly	significantly	ADV
fbem-2038	77	19	negative	negative	ADJ
fbem-2038	77	20	,	,	PUNCT
fbem-2038	77	21	but	but	CCONJ
fbem-2038	77	22	the	the	DET
fbem-2038	77	23	coefficient	coefficient	NOUN
fbem-2038	77	24	of	of	ADP
fbem-2038	77	25	its	its	PRON
fbem-2038	77	26	square	square	ADJ
fbem-2038	77	27	term	term	NOUN
fbem-2038	77	28	fin2	fin2	NOUN
fbem-2038	77	29	is	be	AUX
fbem-2038	77	30	not	not	PART
fbem-2038	77	31	significant	significant	ADJ
fbem-2038	77	32	,	,	PUNCT
fbem-2038	77	33	whether	whether	SCONJ
fbem-2038	77	34	it	it	PRON
fbem-2038	77	35	is	be	AUX
fbem-2038	77	36	tfp	tfp	PROPN
fbem-2038	77	37	calculated	calculate	VERB
fbem-2038	77	38	by	by	ADP
fbem-2038	77	39	ols	ol	NOUN
fbem-2038	77	40	method	method	NOUN
fbem-2038	77	41	or	or	CCONJ
fbem-2038	77	42	tfp	tfp	PROPN
fbem-2038	77	43	calculated	calculate	VERB
fbem-2038	77	44	by	by	ADP
fbem-2038	77	45	lp	lp	PROPN
fbem-2038	77	46	method	method	NOUN
fbem-2038	77	47	.	.	PUNCT
fbem-2038	78	1	this	this	PRON
fbem-2038	78	2	shows	show	VERB
fbem-2038	78	3	that	that	SCONJ
fbem-2038	78	4	there	there	PRON
fbem-2038	78	5	is	be	VERB
fbem-2038	78	6	not	not	PART
fbem-2038	78	7	enough	enough	ADJ
fbem-2038	78	8	evidence	evidence	NOUN
fbem-2038	78	9	to	to	PART
fbem-2038	78	10	show	show	VERB
fbem-2038	78	11	that	that	SCONJ
fbem-2038	78	12	there	there	PRON
fbem-2038	78	13	is	be	VERB
fbem-2038	78	14	a	a	DET
fbem-2038	78	15	nonlinear	nonlinear	ADJ
fbem-2038	78	16	relationship	relationship	NOUN
fbem-2038	78	17	between	between	ADP
fbem-2038	78	18	financialization	financialization	NOUN
fbem-2038	78	19	and	and	CCONJ
fbem-2038	78	20	total	total	ADJ
fbem-2038	78	21	factor	factor	NOUN
fbem-2038	78	22	productivity	productivity	NOUN
fbem-2038	78	23	of	of	ADP
fbem-2038	78	24	listed	list	VERB
fbem-2038	78	25	manufacturing	manufacturing	NOUN
fbem-2038	78	26	companies	company	NOUN
fbem-2038	78	27	in	in	ADP
fbem-2038	78	28	china	china	PROPN
fbem-2038	78	29	.	.	PUNCT
fbem-2038	79	1	4	4	X
fbem-2038	79	2	.	.	X
fbem-2038	79	3	conclusion	conclusion	NOUN
fbem-2038	79	4	and	and	CCONJ
fbem-2038	79	5	enlightenment	enlightenment	NOUN
fbem-2038	79	6	based	base	VERB
fbem-2038	79	7	on	on	ADP
fbem-2038	79	8	the	the	DET
fbem-2038	79	9	panel	panel	NOUN
fbem-2038	79	10	data	datum	NOUN
fbem-2038	79	11	of	of	ADP
fbem-2038	79	12	china	china	PROPN
fbem-2038	79	13	's	's	PART
fbem-2038	79	14	a	a	DET
fbem-2038	79	15	-	-	PUNCT
fbem-2038	79	16	share	share	NOUN
fbem-2038	79	17	manufacturing	manufacturing	NOUN
fbem-2038	79	18	listed	list	VERB
fbem-2038	79	19	companies	company	NOUN
fbem-2038	79	20	from	from	ADP
fbem-2038	79	21	2008	2008	NUM
fbem-2038	79	22	to	to	ADP
fbem-2038	79	23	2018	2018	NUM
fbem-2038	79	24	,	,	PUNCT
fbem-2038	79	25	this	this	DET
fbem-2038	79	26	paper	paper	NOUN
fbem-2038	79	27	empirically	empirically	ADV
fbem-2038	79	28	studies	study	VERB
fbem-2038	79	29	the	the	DET
fbem-2038	79	30	impact	impact	NOUN
fbem-2038	79	31	of	of	ADP
fbem-2038	79	32	corporate	corporate	ADJ
fbem-2038	79	33	financialization	financialization	NOUN
fbem-2038	79	34	on	on	ADP
fbem-2038	79	35	total	total	ADJ
fbem-2038	79	36	factor	factor	NOUN
fbem-2038	79	37	productivity	productivity	NOUN
fbem-2038	79	38	.	.	PUNCT
fbem-2038	80	1	it	it	PRON
fbem-2038	80	2	is	be	AUX
fbem-2038	80	3	found	find	VERB
fbem-2038	80	4	that	that	SCONJ
fbem-2038	80	5	there	there	PRON
fbem-2038	80	6	is	be	VERB
fbem-2038	80	7	no	no	DET
fbem-2038	80	8	nonlinear	nonlinear	ADJ
fbem-2038	80	9	relationship	relationship	NOUN
fbem-2038	80	10	between	between	ADP
fbem-2038	80	11	financialization	financialization	NOUN
fbem-2038	80	12	of	of	ADP
fbem-2038	80	13	manufacturing	manufacturing	NOUN
fbem-2038	80	14	enterprises	enterprise	NOUN
fbem-2038	80	15	and	and	CCONJ
fbem-2038	80	16	total	total	ADJ
fbem-2038	80	17	factor	factor	NOUN
fbem-2038	80	18	productivity	productivity	NOUN
fbem-2038	80	19	.	.	PUNCT
fbem-2038	81	1	whether	whether	SCONJ
fbem-2038	81	2	or	or	CCONJ
fbem-2038	81	3	not	not	PART
fbem-2038	81	4	the	the	DET
fbem-2038	81	5	square	square	ADJ
fbem-2038	81	6	term	term	NOUN
fbem-2038	81	7	is	be	AUX
fbem-2038	81	8	added	add	VERB
fbem-2038	81	9	,	,	PUNCT
fbem-2038	81	10	the	the	DET
fbem-2038	81	11	impact	impact	NOUN
fbem-2038	81	12	of	of	ADP
fbem-2038	81	13	financialization	financialization	NOUN
fbem-2038	81	14	on	on	ADP
fbem-2038	81	15	total	total	ADJ
fbem-2038	81	16	factor	factor	NOUN
fbem-2038	81	17	productivity	productivity	NOUN
fbem-2038	81	18	is	be	AUX
fbem-2038	81	19	significantly	significantly	ADV
fbem-2038	81	20	negative	negative	ADJ
fbem-2038	81	21	,	,	PUNCT
fbem-2038	81	22	that	that	ADV
fbem-2038	81	23	is	is	ADV
fbem-2038	81	24	,	,	PUNCT
fbem-2038	81	25	the	the	PRON
fbem-2038	81	26	higher	high	ADJ
fbem-2038	81	27	the	the	DET
fbem-2038	81	28	degree	degree	NOUN
fbem-2038	81	29	of	of	ADP
fbem-2038	81	30	financialization	financialization	NOUN
fbem-2038	81	31	,	,	PUNCT
fbem-2038	81	32	the	the	DET
fbem-2038	81	33	more	more	ADV
fbem-2038	81	34	unfavorable	unfavorable	ADJ
fbem-2038	81	35	it	it	PRON
fbem-2038	81	36	is	be	AUX
fbem-2038	81	37	to	to	ADP
fbem-2038	81	38	the	the	DET
fbem-2038	81	39	improvement	improvement	NOUN
fbem-2038	81	40	of	of	ADP
fbem-2038	81	41	total	total	ADJ
fbem-2038	81	42	factor	factor	NOUN
fbem-2038	81	43	productivity	productivity	NOUN
fbem-2038	81	44	.	.	PUNCT
fbem-2038	82	1	according	accord	VERB
fbem-2038	82	2	to	to	ADP
fbem-2038	82	3	the	the	DET
fbem-2038	82	4	research	research	NOUN
fbem-2038	82	5	conclusion	conclusion	NOUN
fbem-2038	82	6	of	of	ADP
fbem-2038	82	7	this	this	DET
fbem-2038	82	8	paper	paper	NOUN
fbem-2038	82	9	,	,	PUNCT
fbem-2038	82	10	it	it	PRON
fbem-2038	82	11	can	can	AUX
fbem-2038	82	12	be	be	AUX
fbem-2038	82	13	found	find	VERB
fbem-2038	82	14	that	that	SCONJ
fbem-2038	82	15	although	although	SCONJ
fbem-2038	82	16	financialization	financialization	NOUN
fbem-2038	82	17	has	have	AUX
fbem-2038	82	18	inhibited	inhibit	VERB
fbem-2038	82	19	the	the	DET
fbem-2038	82	20	total	total	ADJ
fbem-2038	82	21	factor	factor	NOUN
fbem-2038	82	22	productivity	productivity	NOUN
fbem-2038	82	23	of	of	ADP
fbem-2038	82	24	manufacturing	manufacturing	NOUN
fbem-2038	82	25	industry	industry	NOUN
fbem-2038	82	26	,	,	PUNCT
fbem-2038	82	27	it	it	PRON
fbem-2038	82	28	does	do	AUX
fbem-2038	82	29	not	not	PART
fbem-2038	82	30	mean	mean	VERB
fbem-2038	82	31	that	that	SCONJ
fbem-2038	82	32	the	the	DET
fbem-2038	82	33	allocation	allocation	NOUN
fbem-2038	82	34	of	of	ADP
fbem-2038	82	35	financial	financial	ADJ
fbem-2038	82	36	assets	asset	NOUN
fbem-2038	82	37	by	by	ADP
fbem-2038	82	38	entity	entity	NOUN
fbem-2038	82	39	enterprises	enterprise	NOUN
fbem-2038	82	40	should	should	AUX
fbem-2038	82	41	be	be	AUX
fbem-2038	82	42	completely	completely	ADV
fbem-2038	82	43	denied[11	denied[11	ADJ
fbem-2038	82	44	]	]	PUNCT
fbem-2038	82	45	.	.	PUNCT
fbem-2038	83	1	through	through	ADP
fbem-2038	83	2	policy	policy	NOUN
fbem-2038	83	3	guidance	guidance	NOUN
fbem-2038	83	4	,	,	PUNCT
fbem-2038	83	5	manufacturing	manufacturing	NOUN
fbem-2038	83	6	enterprises	enterprise	NOUN
fbem-2038	83	7	should	should	AUX
fbem-2038	83	8	abandon	abandon	VERB
fbem-2038	83	9	the	the	DET
fbem-2038	83	10	concept	concept	NOUN
fbem-2038	83	11	of	of	ADP
fbem-2038	83	12	market	market	NOUN
fbem-2038	83	13	arbitrage	arbitrage	NOUN
fbem-2038	83	14	,	,	PUNCT
fbem-2038	83	15	position	position	VERB
fbem-2038	83	16	the	the	DET
fbem-2038	83	17	allocation	allocation	NOUN
fbem-2038	83	18	of	of	ADP
fbem-2038	83	19	financial	financial	ADJ
fbem-2038	83	20	assets	asset	NOUN
fbem-2038	83	21	in	in	ADP
fbem-2038	83	22	terms	term	NOUN
fbem-2038	83	23	of	of	ADP
fbem-2038	83	24	capital	capital	NOUN
fbem-2038	83	25	reserves	reserve	NOUN
fbem-2038	83	26	,	,	PUNCT
fbem-2038	83	27	and	and	CCONJ
fbem-2038	83	28	truly	truly	ADV
fbem-2038	83	29	regard	regard	VERB
fbem-2038	83	30	financialization	financialization	NOUN
fbem-2038	83	31	as	as	ADP
fbem-2038	83	32	an	an	DET
fbem-2038	83	33	important	important	ADJ
fbem-2038	83	34	guarantee	guarantee	NOUN
fbem-2038	83	35	for	for	ADP
fbem-2038	83	36	r&d	r&d	NOUN
fbem-2038	83	37	innovation	innovation	NOUN
fbem-2038	83	38	and	and	CCONJ
fbem-2038	83	39	technological	technological	ADJ
fbem-2038	83	40	progress	progress	NOUN
fbem-2038	83	41	.	.	PUNCT
fbem-2038	84	1	specifically	specifically	ADV
fbem-2038	84	2	,	,	PUNCT
fbem-2038	84	3	we	we	PRON
fbem-2038	84	4	should	should	AUX
fbem-2038	84	5	start	start	VERB
fbem-2038	84	6	from	from	ADP
fbem-2038	84	7	the	the	DET
fbem-2038	84	8	following	following	ADJ
fbem-2038	84	9	three	three	NUM
fbem-2038	84	10	points	point	NOUN
fbem-2038	84	11	:	:	PUNCT
fbem-2038	84	12	first	first	ADV
fbem-2038	84	13	,	,	PUNCT
fbem-2038	84	14	curb	curb	VERB
fbem-2038	84	15	asset	asset	NOUN
fbem-2038	84	16	bubbles	bubble	NOUN
fbem-2038	84	17	and	and	CCONJ
fbem-2038	84	18	reduce	reduce	VERB
fbem-2038	84	19	the	the	DET
fbem-2038	84	20	excess	excess	ADJ
fbem-2038	84	21	rate	rate	NOUN
fbem-2038	84	22	of	of	ADP
fbem-2038	84	23	return	return	NOUN
fbem-2038	84	24	of	of	ADP
fbem-2038	84	25	the	the	DET
fbem-2038	84	26	virtual	virtual	ADJ
fbem-2038	84	27	economy[12	economy[12	NOUN
fbem-2038	84	28	]	]	PUNCT
fbem-2038	84	29	.	.	PUNCT
fbem-2038	85	1	in	in	ADP
fbem-2038	85	2	the	the	DET
fbem-2038	85	3	final	final	ADJ
fbem-2038	85	4	analysis	analysis	NOUN
fbem-2038	85	5	,	,	PUNCT
fbem-2038	85	6	the	the	DET
fbem-2038	85	7	reason	reason	NOUN
fbem-2038	85	8	why	why	SCONJ
fbem-2038	85	9	enterprises	enterprise	NOUN
fbem-2038	85	10	apply	apply	VERB
fbem-2038	85	11	a	a	DET
fbem-2038	85	12	large	large	ADJ
fbem-2038	85	13	amount	amount	NOUN
fbem-2038	85	14	of	of	ADP
fbem-2038	85	15	capital	capital	NOUN
fbem-2038	85	16	to	to	ADP
fbem-2038	85	17	financial	financial	ADJ
fbem-2038	85	18	operations	operation	NOUN
fbem-2038	85	19	is	be	AUX
fbem-2038	85	20	that	that	SCONJ
fbem-2038	85	21	the	the	DET
fbem-2038	85	22	virtual	virtual	ADJ
fbem-2038	85	23	economy	economy	NOUN
fbem-2038	85	24	is	be	AUX
fbem-2038	85	25	attracted	attract	VERB
fbem-2038	85	26	by	by	ADP
fbem-2038	85	27	the	the	DET
fbem-2038	85	28	excess	excess	ADJ
fbem-2038	85	29	returns	return	NOUN
fbem-2038	85	30	,	,	PUNCT
fbem-2038	85	31	and	and	CCONJ
fbem-2038	85	32	the	the	DET
fbem-2038	85	33	distortion	distortion	NOUN
fbem-2038	85	34	of	of	ADP
fbem-2038	85	35	returns	return	NOUN
fbem-2038	85	36	among	among	ADP
fbem-2038	85	37	different	different	ADJ
fbem-2038	85	38	industries	industry	NOUN
fbem-2038	85	39	is	be	AUX
fbem-2038	85	40	the	the	DET
fbem-2038	85	41	key	key	ADJ
fbem-2038	85	42	factor	factor	NOUN
fbem-2038	85	43	of	of	ADP
fbem-2038	85	44	over	over	ADP
fbem-2038	85	45	-	-	PUNCT
fbem-2038	85	46	financialization	financialization	NOUN
fbem-2038	85	47	.	.	PUNCT
fbem-2038	86	1	the	the	DET
fbem-2038	86	2	government	government	NOUN
fbem-2038	86	3	should	should	AUX
fbem-2038	86	4	crack	crack	VERB
fbem-2038	86	5	down	down	ADP
fbem-2038	86	6	on	on	ADP
fbem-2038	86	7	speculation	speculation	NOUN
fbem-2038	86	8	by	by	ADP
fbem-2038	86	9	strengthening	strengthen	VERB
fbem-2038	86	10	the	the	DET
fbem-2038	86	11	degree	degree	NOUN
fbem-2038	86	12	and	and	CCONJ
fbem-2038	86	13	increasing	increase	VERB
fbem-2038	86	14	the	the	DET
fbem-2038	86	15	frequency	frequency	NOUN
fbem-2038	86	16	of	of	ADP
fbem-2038	86	17	financial	financial	ADJ
fbem-2038	86	18	supervision	supervision	NOUN
fbem-2038	86	19	.	.	PUNCT
fbem-2038	87	1	at	at	ADP
fbem-2038	87	2	the	the	DET
fbem-2038	87	3	same	same	ADJ
fbem-2038	87	4	time	time	NOUN
fbem-2038	87	5	,	,	PUNCT
fbem-2038	87	6	house	house	NOUN
fbem-2038	87	7	prices	price	NOUN
fbem-2038	87	8	should	should	AUX
fbem-2038	87	9	be	be	AUX
fbem-2038	87	10	strictly	strictly	ADV
fbem-2038	87	11	controlled	control	VERB
fbem-2038	87	12	to	to	PART
fbem-2038	87	13	avoid	avoid	VERB
fbem-2038	87	14	a	a	DET
fbem-2038	87	15	large	large	ADJ
fbem-2038	87	16	amount	amount	NOUN
fbem-2038	87	17	of	of	ADP
fbem-2038	87	18	physical	physical	ADJ
fbem-2038	87	19	capital	capital	NOUN
fbem-2038	87	20	entering	enter	VERB
fbem-2038	87	21	the	the	DET
fbem-2038	87	22	real	real	ADJ
fbem-2038	87	23	estate	estate	NOUN
fbem-2038	87	24	sector	sector	NOUN
fbem-2038	87	25	.	.	PUNCT
fbem-2038	88	1	by	by	ADP
fbem-2038	88	2	reducing	reduce	VERB
fbem-2038	88	3	the	the	DET
fbem-2038	88	4	rate	rate	NOUN
fbem-2038	88	5	of	of	ADP
fbem-2038	88	6	return	return	NOUN
fbem-2038	88	7	of	of	ADP
fbem-2038	88	8	the	the	DET
fbem-2038	88	9	virtual	virtual	ADJ
fbem-2038	88	10	economy	economy	NOUN
fbem-2038	88	11	,	,	PUNCT
fbem-2038	88	12	a	a	DET
fbem-2038	88	13	large	large	ADJ
fbem-2038	88	14	number	number	NOUN
fbem-2038	88	15	of	of	ADP
fbem-2038	88	16	manufacturing	manufacturing	NOUN
fbem-2038	88	17	enterprises	enterprise	NOUN
fbem-2038	88	18	can	can	AUX
fbem-2038	88	19	"	"	PUNCT
fbem-2038	88	20	pull	pull	VERB
fbem-2038	88	21	out	out	ADV
fbem-2038	88	22	"	"	PUNCT
fbem-2038	88	23	from	from	ADP
fbem-2038	88	24	the	the	DET
fbem-2038	88	25	allocation	allocation	NOUN
fbem-2038	88	26	of	of	ADP
fbem-2038	88	27	financial	financial	ADJ
fbem-2038	88	28	assets	asset	NOUN
fbem-2038	88	29	arbitrage	arbitrage	NOUN
fbem-2038	88	30	in	in	ADP
fbem-2038	88	31	the	the	DET
fbem-2038	88	32	market	market	NOUN
fbem-2038	88	33	.	.	PUNCT
fbem-2038	89	1	second	second	ADV
fbem-2038	89	2	,	,	PUNCT
fbem-2038	89	3	strengthen	strengthen	VERB
fbem-2038	89	4	the	the	DET
fbem-2038	89	5	innovation	innovation	NOUN
fbem-2038	89	6	atmosphere	atmosphere	NOUN
fbem-2038	89	7	and	and	CCONJ
fbem-2038	89	8	improve	improve	VERB
fbem-2038	89	9	the	the	DET
fbem-2038	89	10	return	return	NOUN
fbem-2038	89	11	rate	rate	NOUN
fbem-2038	89	12	of	of	ADP
fbem-2038	89	13	physical	physical	ADJ
fbem-2038	89	14	investment	investment	NOUN
fbem-2038	89	15	.	.	PUNCT
fbem-2038	90	1	governments	government	NOUN
fbem-2038	90	2	at	at	ADP
fbem-2038	90	3	all	all	DET
fbem-2038	90	4	levels	level	NOUN
fbem-2038	90	5	should	should	AUX
fbem-2038	90	6	create	create	VERB
fbem-2038	90	7	a	a	DET
fbem-2038	90	8	good	good	ADJ
fbem-2038	90	9	atmosphere	atmosphere	NOUN
fbem-2038	90	10	and	and	CCONJ
fbem-2038	90	11	environment	environment	NOUN
fbem-2038	90	12	for	for	ADP
fbem-2038	90	13	innovation	innovation	NOUN
fbem-2038	90	14	,	,	PUNCT
fbem-2038	90	15	guide	guide	VERB
fbem-2038	90	16	enterprises	enterprise	NOUN
fbem-2038	90	17	to	to	PART
fbem-2038	90	18	increase	increase	VERB
fbem-2038	90	19	market	market	NOUN
fbem-2038	90	20	competitiveness	competitiveness	NOUN
fbem-2038	90	21	through	through	ADP
fbem-2038	90	22	technological	technological	ADJ
fbem-2038	90	23	innovation	innovation	NOUN
fbem-2038	90	24	,	,	PUNCT
fbem-2038	90	25	improve	improve	VERB
fbem-2038	90	26	total	total	ADJ
fbem-2038	90	27	factor	factor	NOUN
fbem-2038	90	28	productivity	productivity	NOUN
fbem-2038	90	29	,	,	PUNCT
fbem-2038	90	30	and	and	CCONJ
fbem-2038	90	31	reduce	reduce	VERB
fbem-2038	90	32	the	the	DET
fbem-2038	90	33	attractiveness	attractiveness	NOUN
fbem-2038	90	34	of	of	ADP
fbem-2038	90	35	financial	financial	ADJ
fbem-2038	90	36	investment	investment	NOUN
fbem-2038	90	37	to	to	ADP
fbem-2038	90	38	enterprises	enterprise	NOUN
fbem-2038	90	39	.	.	PUNCT
fbem-2038	91	1	acknowledgment	acknowledgment	NOUN
fbem-2038	91	2	this	this	DET
fbem-2038	91	3	work	work	NOUN
fbem-2038	91	4	is	be	AUX
fbem-2038	91	5	supported	support	VERB
fbem-2038	91	6	by	by	ADP
fbem-2038	91	7	innovation	innovation	NOUN
fbem-2038	91	8	and	and	CCONJ
fbem-2038	91	9	entrepreneurship	entrepreneurship	NOUN
fbem-2038	91	10	training	training	NOUN
fbem-2038	91	11	project	project	NOUN
fbem-2038	91	12	for	for	ADP
fbem-2038	91	13	college	college	NOUN
fbem-2038	91	14	students	student	NOUN
fbem-2038	91	15	of	of	ADP
fbem-2038	91	16	anhui	anhui	PROPN
fbem-2038	91	17	university	university	PROPN
fbem-2038	91	18	of	of	ADP
fbem-2038	91	19	finance	finance	NOUN
fbem-2038	91	20	and	and	CCONJ
fbem-2038	91	21	economics	economic	NOUN
fbem-2038	91	22	in	in	ADP
fbem-2038	91	23	2021	2021	NUM
fbem-2038	91	24	,	,	PUNCT
fbem-2038	91	25	project	project	NOUN
fbem-2038	91	26	number	number	NOUN
fbem-2038	91	27	:	:	PUNCT
fbem-2038	91	28	s202110378044	s202110378044	PROPN
fbem-2038	91	29	.	.	PUNCT
fbem-2038	92	1	references	reference	NOUN
fbem-2038	92	2	[	[	X
fbem-2038	92	3	1	1	NUM
fbem-2038	92	4	]	]	PUNCT
fbem-2038	92	5	ma	ma	PROPN
fbem-2038	92	6	guangqi	guangqi	PROPN
fbem-2038	92	7	,	,	PUNCT
fbem-2038	92	8	wang	wang	PROPN
fbem-2038	92	9	r.	r.	PROPN
fbem-2038	92	10	a	a	DET
fbem-2038	92	11	study	study	NOUN
fbem-2038	92	12	on	on	ADP
fbem-2038	92	13	the	the	DET
fbem-2038	92	14	impact	impact	NOUN
fbem-2038	92	15	of	of	ADP
fbem-2038	92	16	preventing	prevent	VERB
fbem-2038	92	17	excessive	excessive	ADJ
fbem-2038	92	18	financialization	financialization	NOUN
fbem-2038	92	19	of	of	ADP
fbem-2038	92	20	firms	firm	NOUN
fbem-2038	92	21	on	on	ADP
fbem-2038	92	22	reducing	reduce	VERB
fbem-2038	92	23	agency	agency	NOUN
fbem-2038	92	24	costs	cost	NOUN
fbem-2038	92	25	-	-	PUNCT
fbem-2038	92	26	empirical	empirical	ADJ
fbem-2038	92	27	evidence	evidence	NOUN
fbem-2038	92	28	from	from	ADP
fbem-2038	92	29	chinese	chinese	PROPN
fbem-2038	92	30	a	a	PROPN
fbem-2038	92	31	-	-	PUNCT
fbem-2038	92	32	share	share	NOUN
fbem-2038	92	33	listed	list	VERB
fbem-2038	92	34	manufacturing	manufacturing	NOUN
fbem-2038	92	35	companies[j	companies[j	NOUN
fbem-2038	92	36	]	]	PUNCT
fbem-2038	92	37	.	.	PUNCT
fbem-2038	93	1	price	price	NOUN
fbem-2038	93	2	theory	theory	NOUN
fbem-2038	93	3	and	and	CCONJ
fbem-2038	93	4	practice	practice	NOUN
fbem-2038	93	5	,	,	PUNCT
fbem-2038	93	6	2022(05):134137	2022(05):134137	NUM
fbem-2038	93	7	+	+	NOUN
fbem-2038	93	8	207	207	NUM
fbem-2038	93	9	.	.	PUNCT
fbem-2038	94	1	doi:10.19851	doi:10.19851	NOUN
fbem-2038	94	2	/	/	SYM
fbem-2038	94	3	j.cnki.cn11	j.cnki.cn11	PROPN
fbem-2038	94	4	-	-	PUNCT
fbem-2038	94	5	1010	1010	NUM
fbem-2038	94	6	/	/	SYM
fbem-2038	94	7	f.2022.05.217	f.2022.05.217	ADJ
fbem-2038	94	8	.	.	PUNCT
fbem-2038	95	1	[	[	X
fbem-2038	95	2	2	2	NUM
fbem-2038	95	3	]	]	X
fbem-2038	95	4	zhang	zhang	PROPN
fbem-2038	95	5	shigen	shigen	PROPN
fbem-2038	95	6	,	,	PUNCT
fbem-2038	95	7	chen	chen	PROPN
fbem-2038	95	8	xintong	xintong	PROPN
fbem-2038	95	9	,	,	PUNCT
fbem-2038	95	10	wang	wang	PROPN
fbem-2038	95	11	xinping	xinping	PROPN
fbem-2038	95	12	.	.	PUNCT
fbem-2038	96	1	overconfidence	overconfidence	NOUN
fbem-2038	96	2	of	of	ADP
fbem-2038	96	3	management	management	NOUN
fbem-2038	96	4	and	and	CCONJ
fbem-2038	96	5	overfinancialization	overfinancialization	NOUN
fbem-2038	96	6	of	of	ADP
fbem-2038	96	7	real	real	ADJ
fbem-2038	96	8	enterprises	enterprise	NOUN
fbem-2038	96	9	--	--	PUNCT
fbem-2038	96	10	a	a	DET
fbem-2038	96	11	study	study	NOUN
fbem-2038	96	12	sample	sample	NOUN
fbem-2038	96	13	of	of	ADP
fbem-2038	96	14	non	non	ADJ
fbem-2038	96	15	-	-	ADJ
fbem-2038	96	16	financial	financial	ADJ
fbem-2038	96	17	listed	list	VERB
fbem-2038	96	18	companies	company	NOUN
fbem-2038	96	19	in	in	ADP
fbem-2038	96	20	shanghai	shanghai	PROPN
fbem-2038	96	21	and	and	CCONJ
fbem-2038	96	22	shenzhen	shenzhen	PROPN
fbem-2038	96	23	a	a	PROPN
fbem-2038	96	24	-	-	PUNCT
fbem-2038	96	25	shares	share	NOUN
fbem-2038	96	26	in	in	ADP
fbem-2038	96	27	china[j	china[j	NOUN
fbem-2038	96	28	]	]	PUNCT
fbem-2038	96	29	.	.	PUNCT
fbem-2038	97	1	journal	journal	PROPN
fbem-2038	97	2	of	of	ADP
fbem-2038	97	3	fujian	fujian	PROPN
fbem-2038	97	4	jiangxia	jiangxia	PROPN
fbem-2038	97	5	college,2022,12(04):45	college,2022,12(04):45	X
fbem-2038	97	6	-	-	SYM
fbem-2038	97	7	57	57	NUM
fbem-2038	97	8	.	.	PUNCT
fbem-2038	98	1	[	[	X
fbem-2038	98	2	3	3	X
fbem-2038	98	3	]	]	X
fbem-2038	98	4	tian	tian	PROPN
fbem-2038	98	5	qi	qi	PROPN
fbem-2038	98	6	.	.	PUNCT
fbem-2038	98	7	research	research	NOUN
fbem-2038	98	8	on	on	ADP
fbem-2038	98	9	the	the	DET
fbem-2038	98	10	risk	risk	NOUN
fbem-2038	98	11	of	of	ADP
fbem-2038	98	12	over	over	ADP
fbem-2038	98	13	-	-	PUNCT
fbem-2038	98	14	financialization	financialization	NOUN
fbem-2038	98	15	of	of	ADP
fbem-2038	98	16	aoma	aoma	NOUN
fbem-2038	98	17	electric	electric	NOUN
fbem-2038	98	18	and	and	CCONJ
fbem-2038	98	19	its	its	PRON
fbem-2038	98	20	countermeasures[d	countermeasures[d	NOUN
fbem-2038	98	21	]	]	PUNCT
fbem-2038	98	22	.	.	PUNCT
fbem-2038	99	1	jiangxi	jiangxi	PROPN
fbem-2038	99	2	normal	normal	PROPN
fbem-2038	99	3	university	university	NOUN
fbem-2038	99	4	,	,	PUNCT
fbem-2038	99	5	2022	2022	NUM
fbem-2038	99	6	.	.	PUNCT
fbem-2038	100	1	[	[	X
fbem-2038	100	2	4	4	NUM
fbem-2038	100	3	]	]	PUNCT
fbem-2038	100	4	xu	xu	PROPN
fbem-2038	100	5	zhaohui	zhaohui	PROPN
fbem-2038	100	6	,	,	PUNCT
fbem-2038	100	7	wang	wang	PROPN
fbem-2038	100	8	mansi	mansi	PROPN
fbem-2038	100	9	.	.	PUNCT
fbem-2038	101	1	research	research	NOUN
fbem-2038	101	2	on	on	ADP
fbem-2038	101	3	the	the	DET
fbem-2038	101	4	governance	governance	NOUN
fbem-2038	101	5	effect	effect	NOUN
fbem-2038	101	6	of	of	ADP
fbem-2038	101	7	digital	digital	ADJ
fbem-2038	101	8	transformation	transformation	NOUN
fbem-2038	101	9	on	on	ADP
fbem-2038	101	10	excessive	excessive	ADJ
fbem-2038	101	11	financialization	financialization	NOUN
fbem-2038	101	12	of	of	ADP
fbem-2038	101	13	real	real	PROPN
fbem-2038	101	14	enterprises[j	enterprises[j	PROPN
fbem-2038	101	15	]	]	PUNCT
fbem-2038	101	16	.	.	PUNCT
fbem-2038	102	1	securities	security	NOUN
fbem-2038	102	2	market	market	NOUN
fbem-2038	102	3	herald,2022(07):23	herald,2022(07):23	X
fbem-2038	102	4	-	-	SYM
fbem-2038	102	5	35	35	NUM
fbem-2038	102	6	.	.	PUNCT
fbem-2038	103	1	[	[	X
fbem-2038	103	2	5	5	NUM
fbem-2038	103	3	]	]	PUNCT
fbem-2038	103	4	zou	zou	NOUN
fbem-2038	103	5	bingxiu	bingxiu	PROPN
fbem-2038	103	6	.	.	PUNCT
fbem-2038	104	1	a	a	DET
fbem-2038	104	2	study	study	NOUN
fbem-2038	104	3	on	on	ADP
fbem-2038	104	4	the	the	DET
fbem-2038	104	5	extrusion	extrusion	ADJ
fbem-2038	104	6	effect	effect	NOUN
fbem-2038	104	7	of	of	ADP
fbem-2038	104	8	excessive	excessive	ADJ
fbem-2038	104	9	financialization	financialization	NOUN
fbem-2038	104	10	on	on	ADP
fbem-2038	104	11	r&d	r&d	NOUN
fbem-2038	104	12	expenditures	expenditure	NOUN
fbem-2038	104	13	of	of	ADP
fbem-2038	104	14	china	china	PROPN
fbem-2038	104	15	's	's	PART
fbem-2038	104	16	listed	list	VERB
fbem-2038	104	17	manufacturing	manufacturing	NOUN
fbem-2038	104	18	companies[d	companies[d	NOUN
fbem-2038	104	19	]	]	PUNCT
fbem-2038	104	20	.	.	PUNCT
fbem-2038	105	1	hunan	hunan	PROPN
fbem-2038	105	2	university	university	PROPN
fbem-2038	105	3	,	,	PUNCT
fbem-2038	105	4	2021	2021	NUM
fbem-2038	105	5	.	.	PUNCT
fbem-2038	106	1	doi:10.27135	doi:10.27135	PROPN
fbem-2038	106	2	/	/	SYM
fbem-2038	106	3	d.cnki.ghudu.2021.003026	d.cnki.ghudu.2021.003026	PROPN
fbem-2038	106	4	.	.	PUNCT
fbem-2038	107	1	[	[	X
fbem-2038	107	2	6	6	NUM
fbem-2038	107	3	]	]	PUNCT
fbem-2038	107	4	xiao	xiao	PROPN
fbem-2038	107	5	zongyi	zongyi	PROPN
fbem-2038	107	6	,	,	PUNCT
fbem-2038	107	7	lin	lin	PROPN
fbem-2038	107	8	lin	lin	PROPN
fbem-2038	107	9	,	,	PUNCT
fbem-2038	107	10	xu	xu	PROPN
fbem-2038	108	1	mingyuan	mingyuan	PROPN
fbem-2038	108	2	.	.	PUNCT
fbem-2038	109	1	a	a	DET
fbem-2038	109	2	study	study	NOUN
fbem-2038	109	3	of	of	ADP
fbem-2038	109	4	the	the	DET
fbem-2038	109	5	theoretical	theoretical	ADJ
fbem-2038	109	6	mechanism	mechanism	NOUN
fbem-2038	109	7	of	of	ADP
fbem-2038	109	8	excessive	excessive	ADJ
fbem-2038	109	9	financialization	financialization	NOUN
fbem-2038	109	10	affecting	affect	VERB
fbem-2038	109	11	sustainable	sustainable	ADJ
fbem-2038	109	12	corporate	corporate	ADJ
fbem-2038	109	13	innovation[j	innovation[j	NOUN
fbem-2038	109	14	]	]	PUNCT
fbem-2038	109	15	.	.	PUNCT
fbem-2038	110	1	journal	journal	PROPN
fbem-2038	110	2	of	of	ADP
fbem-2038	110	3	finance	finance	NOUN
fbem-2038	110	4	quarterly,2022,16(01):192	quarterly,2022,16(01):192	NOUN
fbem-2038	110	5	-	-	PUNCT
fbem-2038	110	6	217	217	NUM
fbem-2038	110	7	.	.	PUNCT
fbem-2038	111	1	[	[	X
fbem-2038	111	2	7	7	NUM
fbem-2038	111	3	]	]	X
fbem-2038	111	4	xiang	xiang	PROPN
fbem-2038	111	5	,	,	PUNCT
fbem-2038	111	6	weimin	weimin	PROPN
fbem-2038	111	7	,	,	PUNCT
fbem-2038	111	8	xie	xie	PROPN
fbem-2038	111	9	,	,	PUNCT
fbem-2038	111	10	jing	jing	PROPN
fbem-2038	111	11	,	,	PUNCT
fbem-2038	111	12	li	li	PROPN
fbem-2038	111	13	,	,	PUNCT
fbem-2038	111	14	jiao	jiao	PROPN
fbem-2038	111	15	.	.	PROPN
fbem-2038	111	16	excessive	excessive	ADJ
fbem-2038	111	17	financialization	financialization	NOUN
fbem-2038	111	18	of	of	ADP
fbem-2038	111	19	real	real	ADJ
fbem-2038	111	20	estate	estate	NOUN
fbem-2038	111	21	in	in	ADP
fbem-2038	111	22	binary	binary	ADJ
fbem-2038	111	23	equilibrium	equilibrium	NOUN
fbem-2038	111	24	:	:	PUNCT
fbem-2038	111	25	mechanism	mechanism	NOUN
fbem-2038	111	26	,	,	PUNCT
fbem-2038	111	27	measurement	measurement	NOUN
fbem-2038	111	28	and	and	CCONJ
fbem-2038	111	29	influencing	influence	VERB
fbem-2038	111	30	factors[j	factors[j	PROPN
fbem-2038	111	31	]	]	PUNCT
fbem-2038	111	32	.	.	PUNCT
fbem-2038	112	1	jianghuai	jianghuai	PROPN
fbem-2038	112	2	forum,2022(01):5763.doi:10.16064	forum,2022(01):5763.doi:10.16064	PROPN
fbem-2038	112	3	/	/	SYM
fbem-2038	112	4	j.cnki.cn34	j.cnki.cn34	NOUN
fbem-2038	112	5	-	-	PUNCT
fbem-2038	112	6	1003	1003	NUM
fbem-2038	112	7	/	/	SYM
fbem-2038	112	8	g0.2022.01.006	g0.2022.01.006	NOUN
fbem-2038	112	9	.	.	PUNCT
fbem-2038	113	1	[	[	X
fbem-2038	113	2	8	8	NUM
fbem-2038	113	3	]	]	X
fbem-2038	113	4	deng	deng	PROPN
fbem-2038	113	5	y.	y.	PROPN
fbem-2038	113	6	research	research	PROPN
fbem-2038	113	7	on	on	ADP
fbem-2038	113	8	preventing	prevent	VERB
fbem-2038	113	9	excessive	excessive	ADJ
fbem-2038	113	10	financialization	financialization	NOUN
fbem-2038	113	11	and	and	CCONJ
fbem-2038	113	12	the	the	DET
fbem-2038	113	13	effective	effective	ADJ
fbem-2038	113	14	path	path	NOUN
fbem-2038	113	15	of	of	ADP
fbem-2038	113	16	financial	financial	ADJ
fbem-2038	113	17	services	service	NOUN
fbem-2038	113	18	to	to	ADP
fbem-2038	113	19	the	the	DET
fbem-2038	113	20	real	real	ADJ
fbem-2038	113	21	economy	economy	NOUN
fbem-2038	114	1	[	[	X
fbem-2038	114	2	j	j	X
fbem-2038	114	3	]	]	X
fbem-2038	114	4	.	.	PUNCT
fbem-2038	115	1	southwest	southwest	NOUN
fbem-2038	115	2	finance,2022(03):19	finance,2022(03):19	PROPN
fbem-2038	115	3	-	-	PUNCT
fbem-2038	115	4	32	32	NUM
fbem-2038	115	5	.	.	PUNCT
fbem-2038	116	1	[	[	X
fbem-2038	116	2	9	9	NUM
fbem-2038	116	3	]	]	X
fbem-2038	116	4	zhao	zhao	PROPN
fbem-2038	116	5	j	j	PROPN
fbem-2038	116	6	,	,	PUNCT
fbem-2038	116	7	wang	wang	PROPN
fbem-2038	116	8	jx	jx	PROPN
fbem-2038	116	9	.	.	PROPN
fbem-2038	116	10	excessive	excessive	ADJ
fbem-2038	116	11	financialization	financialization	NOUN
fbem-2038	116	12	,	,	PUNCT
fbem-2038	116	13	global	global	ADJ
fbem-2038	116	14	financial	financial	ADJ
fbem-2038	116	15	crisis	crisis	NOUN
fbem-2038	116	16	and	and	CCONJ
fbem-2038	116	17	modernization	modernization	NOUN
fbem-2038	116	18	of	of	ADP
fbem-2038	116	19	china	china	PROPN
fbem-2038	116	20	's	's	PART
fbem-2038	116	21	financial	financial	ADJ
fbem-2038	116	22	governance	governance	NOUN
fbem-2038	116	23	system[j	system[j	NOUN
fbem-2038	116	24	]	]	PUNCT
fbem-2038	116	25	.	.	PUNCT
fbem-2038	117	1	economic	economic	ADJ
fbem-2038	117	2	research	research	NOUN
fbem-2038	117	3	reference	reference	NOUN
fbem-2038	117	4	,	,	PUNCT
fbem-2038	117	5	2022(02):53	2022(02):53	NUM
fbem-2038	117	6	-	-	SYM
fbem-2038	117	7	71	71	NUM
fbem-2038	117	8	.	.	PUNCT
fbem-2038	118	1	doi:10.16110	doi:10.16110	PROPN
fbem-2038	118	2	/	/	SYM
fbem-2038	118	3	j.cnki.issn2095	j.cnki.issn2095	PROPN
fbem-2038	118	4	-	-	PUNCT
fbem-2038	118	5	3151.2022.02.008	3151.2022.02.008	PROPN
fbem-2038	118	6	.	.	PUNCT
fbem-2038	119	1	[	[	X
fbem-2038	119	2	10	10	NUM
fbem-2038	119	3	]	]	X
fbem-2038	119	4	liu	liu	PROPN
fbem-2038	119	5	,	,	PUNCT
fbem-2038	119	6	l.f	l.f	PROPN
fbem-2038	119	7	.	.	PROPN
fbem-2038	119	8	,	,	PUNCT
fbem-2038	119	9	du	du	PROPN
fbem-2038	119	10	,	,	PUNCT
fbem-2038	119	11	j.m	j.m	PROPN
fbem-2038	119	12	..	..	PUNCT
fbem-2038	119	13	the	the	DET
fbem-2038	119	14	impact	impact	NOUN
fbem-2038	119	15	of	of	ADP
fbem-2038	119	16	corporate	corporate	ADJ
fbem-2038	119	17	financialization	financialization	NOUN
fbem-2038	119	18	on	on	ADP
fbem-2038	119	19	corporate	corporate	ADJ
fbem-2038	119	20	value	value	NOUN
fbem-2038	119	21	--	--	PUNCT
fbem-2038	119	22	and	and	CCONJ
fbem-2038	119	23	the	the	DET
fbem-2038	119	24	identification	identification	NOUN
fbem-2038	119	25	and	and	CCONJ
fbem-2038	119	26	governance	governance	NOUN
fbem-2038	119	27	of	of	ADP
fbem-2038	119	28	excessive	excessive	ADJ
fbem-2038	119	29	financialization[j	financialization[j	PROPN
fbem-2038	119	30	]	]	X
fbem-2038	119	31	.	.	PUNCT
fbem-2038	120	1	southern	southern	ADJ
fbem-2038	120	2	economy,2021(10):122	economy,2021(10):122	PROPN
fbem-2038	120	3	-	-	PUNCT
fbem-2038	120	4	136.doi:10.19592	136.doi:10.19592	NUM
fbem-2038	120	5	/	/	SYM
fbem-2038	120	6	j.cnki.scje.390693	j.cnki.scje.390693	NOUN
fbem-2038	120	7	.	.	PUNCT
fbem-2038	121	1	[	[	X
fbem-2038	121	2	11	11	NUM
fbem-2038	121	3	]	]	X
fbem-2038	121	4	yao	yao	PROPN
fbem-2038	121	5	xiaoju	xiaoju	PROPN
fbem-2038	121	6	.	.	PUNCT
fbem-2038	121	7	excessive	excessive	ADJ
fbem-2038	121	8	financialization	financialization	NOUN
fbem-2038	121	9	,	,	PUNCT
fbem-2038	121	10	direction	direction	NOUN
fbem-2038	121	11	of	of	ADP
fbem-2038	121	12	earnings	earning	NOUN
fbem-2038	121	13	forecast	forecast	NOUN
fbem-2038	121	14	revisions	revision	NOUN
fbem-2038	121	15	and	and	CCONJ
fbem-2038	121	16	stock	stock	NOUN
fbem-2038	121	17	price	price	NOUN
fbem-2038	121	18	synchronization[j	synchronization[j	PROPN
fbem-2038	121	19	]	]	PUNCT
fbem-2038	121	20	.	.	PUNCT
fbem-2038	122	1	finance	finance	NOUN
fbem-2038	122	2	and	and	CCONJ
fbem-2038	122	3	accounting	accounting	NOUN
fbem-2038	122	4	newsletter,2021(13):75	newsletter,2021(13):75	PROPN
fbem-2038	122	5	-	-	PUNCT
fbem-2038	122	6	79	79	NUM
fbem-2038	122	7	.	.	PUNCT
fbem-2038	123	1	doi:10.16144	doi:10.16144	ADJ
fbem-2038	123	2	/	/	SYM
fbem-2038	123	3	j.cnki.issn1002	j.cnki.issn1002	PROPN
fbem-2038	123	4	-	-	PUNCT
fbem-2038	123	5	8072.2021.13.015	8072.2021.13.015	PROPN
fbem-2038	123	6	.	.	PUNCT
fbem-2038	124	1	[	[	X
fbem-2038	124	2	12	12	NUM
fbem-2038	124	3	]	]	X
fbem-2038	124	4	wang	wang	PROPN
fbem-2038	124	5	yaping	yaping	PROPN
fbem-2038	124	6	.	.	PUNCT
fbem-2038	125	1	research	research	NOUN
fbem-2038	125	2	on	on	ADP
fbem-2038	125	3	the	the	DET
fbem-2038	125	4	cohort	cohort	NOUN
fbem-2038	125	5	effect	effect	NOUN
fbem-2038	125	6	of	of	ADP
fbem-2038	125	7	excessive	excessive	ADJ
fbem-2038	125	8	financialization	financialization	NOUN
fbem-2038	125	9	of	of	ADP
fbem-2038	125	10	real	real	ADJ
fbem-2038	125	11	enterprises	enterprise	NOUN
fbem-2038	126	1	[	[	X
fbem-2038	126	2	d	d	X
fbem-2038	126	3	]	]	X
fbem-2038	126	4	.	.	PUNCT
fbem-2038	127	1	henan	henan	PROPN
fbem-2038	127	2	university	university	PROPN
fbem-2038	127	3	,	,	PUNCT
fbem-2038	127	4	2021	2021	NUM
fbem-2038	127	5	.	.	PUNCT
fbem-2038	128	1	doi:10.27114	doi:10.27114	PROPN
fbem-2038	128	2	/	/	SYM
fbem-2038	128	3	d.cnki.ghnau.2021.000749	d.cnki.ghnau.2021.000749	PROPN
fbem-2038	128	4	.	.	PUNCT