id	sid	tid	token	lemma	pos
fbem-22394	1	1	frontiers	frontier	NOUN
fbem-22394	1	2	in	in	ADP
fbem-22394	1	3	business	business	NOUN
fbem-22394	1	4	,	,	PUNCT
fbem-22394	1	5	economics	economic	NOUN
fbem-22394	1	6	and	and	CCONJ
fbem-22394	1	7	management	management	NOUN
fbem-22394	1	8	issn	issn	PROPN
fbem-22394	1	9	:	:	PUNCT
fbem-22394	1	10	2766	2766	NUM
fbem-22394	1	11	-	-	PUNCT
fbem-22394	1	12	824x	824x	NUM
fbem-22394	1	13	|	|	ADJ
fbem-22394	1	14	vol	vol	NOUN
fbem-22394	1	15	.	.	PROPN
fbem-22394	1	16	15	15	NUM
fbem-22394	1	17	,	,	PUNCT
fbem-22394	1	18	no	no	INTJ
fbem-22394	1	19	.	.	NOUN
fbem-22394	1	20	2	2	NUM
fbem-22394	1	21	,	,	PUNCT
fbem-22394	1	22	2024	2024	NUM
fbem-22394	1	23	411	411	NUM
fbem-22394	1	24	the	the	DET
fbem-22394	1	25	expansion	expansion	NOUN
fbem-22394	1	26	of	of	ADP
fbem-22394	1	27	central	central	ADJ
fbem-22394	1	28	bank	bank	NOUN
fbem-22394	1	29	collateral	collateral	NOUN
fbem-22394	1	30	and	and	CCONJ
fbem-22394	1	31	green	green	ADJ
fbem-22394	1	32	innovation	innovation	NOUN
fbem-22394	1	33	of	of	ADP
fbem-22394	1	34	enterprises	enterprise	NOUN
fbem-22394	1	35	-from	-from	VERB
fbem-22394	1	36	the	the	DET
fbem-22394	1	37	perspective	perspective	NOUN
fbem-22394	1	38	of	of	ADP
fbem-22394	1	39	green	green	ADJ
fbem-22394	1	40	bonds	bond	NOUN
fbem-22394	1	41	yuhan	yuhan	PROPN
fbem-22394	1	42	wei	wei	PROPN
fbem-22394	1	43	*	*	PROPN
fbem-22394	1	44	,	,	PUNCT
fbem-22394	1	45	dandan	dandan	PROPN
fbem-22394	1	46	li	li	PROPN
fbem-22394	1	47	,	,	PUNCT
fbem-22394	1	48	jiali	jiali	PROPN
fbem-22394	1	49	wang	wang	PROPN
fbem-22394	1	50	,	,	PUNCT
fbem-22394	1	51	yan	yan	PROPN
fbem-22394	1	52	chu	chu	PROPN
fbem-22394	1	53	school	school	PROPN
fbem-22394	1	54	of	of	ADP
fbem-22394	1	55	finance	finance	NOUN
fbem-22394	1	56	,	,	PUNCT
fbem-22394	1	57	anhui	anhui	PROPN
fbem-22394	1	58	university	university	PROPN
fbem-22394	1	59	of	of	ADP
fbem-22394	1	60	finance	finance	NOUN
fbem-22394	1	61	and	and	CCONJ
fbem-22394	1	62	economics	economic	NOUN
fbem-22394	1	63	,	,	PUNCT
fbem-22394	1	64	bengbu	bengbu	NOUN
fbem-22394	1	65	,	,	PUNCT
fbem-22394	1	66	anhui	anhui	PROPN
fbem-22394	1	67	,	,	PUNCT
fbem-22394	1	68	233030	233030	NUM
fbem-22394	1	69	,	,	PUNCT
fbem-22394	1	70	china	china	PROPN
fbem-22394	1	71	*	*	PUNCT
fbem-22394	1	72	corresponding	correspond	VERB
fbem-22394	1	73	author	author	NOUN
fbem-22394	1	74	:	:	PUNCT
fbem-22394	1	75	yuhan	yuhan	PROPN
fbem-22394	1	76	wei	wei	PROPN
fbem-22394	1	77	(	(	PUNCT
fbem-22394	1	78	email	email	NOUN
fbem-22394	1	79	:	:	PUNCT
fbem-22394	1	80	3246815995@qq.com	3246815995@qq.com	NUM
fbem-22394	1	81	)	)	PUNCT
fbem-22394	1	82	abstract	abstract	NOUN
fbem-22394	1	83	:	:	PUNCT
fbem-22394	1	84	this	this	DET
fbem-22394	1	85	article	article	NOUN
fbem-22394	1	86	takes	take	VERB
fbem-22394	1	87	the	the	DET
fbem-22394	1	88	policy	policy	NOUN
fbem-22394	1	89	event	event	NOUN
fbem-22394	1	90	of	of	ADP
fbem-22394	1	91	green	green	ADJ
fbem-22394	1	92	bonds	bond	NOUN
fbem-22394	1	93	being	be	AUX
fbem-22394	1	94	included	include	VERB
fbem-22394	1	95	in	in	ADP
fbem-22394	1	96	the	the	DET
fbem-22394	1	97	mlf	mlf	NOUN
fbem-22394	1	98	(	(	PUNCT
fbem-22394	1	99	medium	medium	ADJ
fbem-22394	1	100	term	term	NOUN
fbem-22394	1	101	lending	lending	NOUN
fbem-22394	1	102	facility	facility	NOUN
fbem-22394	1	103	)	)	PUNCT
fbem-22394	1	104	qualified	qualified	ADJ
fbem-22394	1	105	collateral	collateral	ADJ
fbem-22394	1	106	framework	framework	NOUN
fbem-22394	1	107	in	in	ADP
fbem-22394	1	108	june	june	PROPN
fbem-22394	1	109	2018	2018	NUM
fbem-22394	1	110	as	as	ADP
fbem-22394	1	111	a	a	DET
fbem-22394	1	112	quasi	quasi	ADJ
fbem-22394	1	113	natural	natural	ADJ
fbem-22394	1	114	experiment	experiment	NOUN
fbem-22394	1	115	,	,	PUNCT
fbem-22394	1	116	and	and	CCONJ
fbem-22394	1	117	analyzes	analyze	VERB
fbem-22394	1	118	the	the	DET
fbem-22394	1	119	impact	impact	NOUN
fbem-22394	1	120	of	of	ADP
fbem-22394	1	121	the	the	DET
fbem-22394	1	122	expansion	expansion	NOUN
fbem-22394	1	123	of	of	ADP
fbem-22394	1	124	the	the	DET
fbem-22394	1	125	collateral	collateral	ADJ
fbem-22394	1	126	framework	framework	NOUN
fbem-22394	1	127	of	of	ADP
fbem-22394	1	128	the	the	DET
fbem-22394	1	129	new	new	ADJ
fbem-22394	1	130	monetary	monetary	ADJ
fbem-22394	1	131	policy	policy	NOUN
fbem-22394	1	132	on	on	ADP
fbem-22394	1	133	the	the	DET
fbem-22394	1	134	credit	credit	NOUN
fbem-22394	1	135	spread	spread	NOUN
fbem-22394	1	136	of	of	ADP
fbem-22394	1	137	green	green	ADJ
fbem-22394	1	138	bonds	bond	NOUN
fbem-22394	1	139	and	and	CCONJ
fbem-22394	1	140	the	the	DET
fbem-22394	1	141	green	green	ADJ
fbem-22394	1	142	innovation	innovation	NOUN
fbem-22394	1	143	output	output	NOUN
fbem-22394	1	144	of	of	ADP
fbem-22394	1	145	enterprises	enterprise	NOUN
fbem-22394	1	146	issuing	issue	VERB
fbem-22394	1	147	green	green	ADJ
fbem-22394	1	148	bonds	bond	NOUN
fbem-22394	1	149	based	base	VERB
fbem-22394	1	150	on	on	ADP
fbem-22394	1	151	a	a	DET
fbem-22394	1	152	two	two	NUM
fbem-22394	1	153	period	period	NOUN
fbem-22394	1	154	and	and	CCONJ
fbem-22394	1	155	multi	multi	ADJ
fbem-22394	1	156	period	period	NOUN
fbem-22394	1	157	double	double	ADJ
fbem-22394	1	158	difference	difference	NOUN
fbem-22394	1	159	model	model	NOUN
fbem-22394	1	160	.	.	PUNCT
fbem-22394	2	1	the	the	DET
fbem-22394	2	2	research	research	NOUN
fbem-22394	2	3	results	result	NOUN
fbem-22394	2	4	indicate	indicate	VERB
fbem-22394	2	5	that	that	SCONJ
fbem-22394	2	6	,	,	PUNCT
fbem-22394	2	7	firstly	firstly	ADV
fbem-22394	2	8	,	,	PUNCT
fbem-22394	2	9	the	the	DET
fbem-22394	2	10	expansion	expansion	NOUN
fbem-22394	2	11	of	of	ADP
fbem-22394	2	12	collateral	collateral	NOUN
fbem-22394	2	13	by	by	ADP
fbem-22394	2	14	the	the	DET
fbem-22394	2	15	central	central	ADJ
fbem-22394	2	16	bank	bank	NOUN
fbem-22394	2	17	will	will	AUX
fbem-22394	2	18	significantly	significantly	ADV
fbem-22394	2	19	reduce	reduce	VERB
fbem-22394	2	20	the	the	DET
fbem-22394	2	21	credit	credit	NOUN
fbem-22394	2	22	spread	spread	NOUN
fbem-22394	2	23	of	of	ADP
fbem-22394	2	24	green	green	ADJ
fbem-22394	2	25	bonds	bond	NOUN
fbem-22394	2	26	and	and	CCONJ
fbem-22394	2	27	lower	lower	VERB
fbem-22394	2	28	the	the	DET
fbem-22394	2	29	financing	financing	NOUN
fbem-22394	2	30	costs	cost	NOUN
fbem-22394	2	31	of	of	ADP
fbem-22394	2	32	enterprises	enterprise	NOUN
fbem-22394	2	33	.	.	PUNCT
fbem-22394	3	1	secondly	secondly	ADV
fbem-22394	3	2	,	,	PUNCT
fbem-22394	3	3	the	the	DET
fbem-22394	3	4	expansion	expansion	NOUN
fbem-22394	3	5	of	of	ADP
fbem-22394	3	6	collateral	collateral	NOUN
fbem-22394	3	7	by	by	ADP
fbem-22394	3	8	the	the	DET
fbem-22394	3	9	central	central	ADJ
fbem-22394	3	10	bank	bank	NOUN
fbem-22394	3	11	will	will	AUX
fbem-22394	3	12	promote	promote	VERB
fbem-22394	3	13	the	the	DET
fbem-22394	3	14	improvement	improvement	NOUN
fbem-22394	3	15	of	of	ADP
fbem-22394	3	16	green	green	ADJ
fbem-22394	3	17	technology	technology	NOUN
fbem-22394	3	18	innovation	innovation	NOUN
fbem-22394	3	19	capabilities	capability	NOUN
fbem-22394	3	20	of	of	ADP
fbem-22394	3	21	green	green	ADJ
fbem-22394	3	22	enterprises	enterprise	NOUN
fbem-22394	3	23	,	,	PUNCT
fbem-22394	3	24	and	and	CCONJ
fbem-22394	3	25	alleviate	alleviate	VERB
fbem-22394	3	26	their	their	PRON
fbem-22394	3	27	financing	financing	NOUN
fbem-22394	3	28	problems	problem	NOUN
fbem-22394	3	29	by	by	ADP
fbem-22394	3	30	issuing	issue	VERB
fbem-22394	3	31	green	green	ADJ
fbem-22394	3	32	bonds	bond	NOUN
fbem-22394	3	33	and	and	CCONJ
fbem-22394	3	34	green	green	ADJ
fbem-22394	3	35	bonds	bond	NOUN
fbem-22394	3	36	themselves	themselves	PRON
fbem-22394	3	37	.	.	PUNCT
fbem-22394	4	1	keywords	keyword	NOUN
fbem-22394	4	2	:	:	PUNCT
fbem-22394	4	3	green	green	ADJ
fbem-22394	4	4	bonds	bond	NOUN
fbem-22394	4	5	,	,	PUNCT
fbem-22394	4	6	medium	medium	ADJ
fbem-22394	4	7	term	term	NOUN
fbem-22394	4	8	lending	lending	NOUN
fbem-22394	4	9	convenience	convenience	NOUN
fbem-22394	4	10	,	,	PUNCT
fbem-22394	4	11	collateral	collateral	ADJ
fbem-22394	4	12	framework	framework	NOUN
fbem-22394	4	13	,	,	PUNCT
fbem-22394	4	14	credit	credit	NOUN
fbem-22394	4	15	spread	spread	NOUN
fbem-22394	4	16	,	,	PUNCT
fbem-22394	4	17	green	green	ADJ
fbem-22394	4	18	innovation	innovation	NOUN
fbem-22394	4	19	.	.	PUNCT
fbem-22394	5	1	1	1	X
fbem-22394	5	2	.	.	X
fbem-22394	5	3	introduction	introduction	NOUN
fbem-22394	5	4	green	green	PROPN
fbem-22394	5	5	is	be	AUX
fbem-22394	5	6	the	the	DET
fbem-22394	5	7	distinct	distinct	ADJ
fbem-22394	5	8	foundation	foundation	NOUN
fbem-22394	5	9	for	for	ADP
fbem-22394	5	10	high	high	ADJ
fbem-22394	5	11	-	-	PUNCT
fbem-22394	5	12	quality	quality	NOUN
fbem-22394	5	13	development	development	NOUN
fbem-22394	5	14	,	,	PUNCT
fbem-22394	5	15	and	and	CCONJ
fbem-22394	5	16	finance	finance	NOUN
fbem-22394	5	17	is	be	AUX
fbem-22394	5	18	the	the	DET
fbem-22394	5	19	core	core	NOUN
fbem-22394	5	20	of	of	ADP
fbem-22394	5	21	modern	modern	ADJ
fbem-22394	5	22	economy	economy	NOUN
fbem-22394	5	23	.	.	PUNCT
fbem-22394	6	1	the	the	DET
fbem-22394	6	2	organic	organic	ADJ
fbem-22394	6	3	combination	combination	NOUN
fbem-22394	6	4	of	of	ADP
fbem-22394	6	5	green	green	ADJ
fbem-22394	6	6	and	and	CCONJ
fbem-22394	6	7	finance	finance	NOUN
fbem-22394	6	8	is	be	AUX
fbem-22394	6	9	an	an	DET
fbem-22394	6	10	inherent	inherent	ADJ
fbem-22394	6	11	requirement	requirement	NOUN
fbem-22394	6	12	for	for	ADP
fbem-22394	6	13	improving	improve	VERB
fbem-22394	6	14	resource	resource	NOUN
fbem-22394	6	15	allocation	allocation	NOUN
fbem-22394	6	16	efficiency	efficiency	NOUN
fbem-22394	6	17	,	,	PUNCT
fbem-22394	6	18	expanding	expand	VERB
fbem-22394	6	19	financial	financial	ADJ
fbem-22394	6	20	supply	supply	NOUN
fbem-22394	6	21	,	,	PUNCT
fbem-22394	6	22	and	and	CCONJ
fbem-22394	6	23	achieving	achieve	VERB
fbem-22394	6	24	high	high	ADJ
fbem-22394	6	25	-	-	PUNCT
fbem-22394	6	26	quality	quality	NOUN
fbem-22394	6	27	economic	economic	ADJ
fbem-22394	6	28	development	development	NOUN
fbem-22394	6	29	.	.	PUNCT
fbem-22394	7	1	the	the	DET
fbem-22394	7	2	report	report	NOUN
fbem-22394	7	3	of	of	ADP
fbem-22394	7	4	the	the	DET
fbem-22394	7	5	20th	20th	ADJ
fbem-22394	7	6	national	national	ADJ
fbem-22394	7	7	congress	congress	PROPN
fbem-22394	7	8	of	of	ADP
fbem-22394	7	9	the	the	DET
fbem-22394	7	10	communist	communist	PROPN
fbem-22394	7	11	party	party	PROPN
fbem-22394	7	12	of	of	ADP
fbem-22394	7	13	china	china	PROPN
fbem-22394	7	14	proposes	propose	VERB
fbem-22394	7	15	to	to	PART
fbem-22394	7	16	adhere	adhere	VERB
fbem-22394	7	17	to	to	ADP
fbem-22394	7	18	the	the	DET
fbem-22394	7	19	theme	theme	NOUN
fbem-22394	7	20	of	of	ADP
fbem-22394	7	21	promoting	promote	VERB
fbem-22394	7	22	high	high	ADJ
fbem-22394	7	23	-	-	PUNCT
fbem-22394	7	24	quality	quality	NOUN
fbem-22394	7	25	development	development	NOUN
fbem-22394	7	26	,	,	PUNCT
fbem-22394	7	27	actively	actively	ADV
fbem-22394	7	28	promote	promote	VERB
fbem-22394	7	29	green	green	ADJ
fbem-22394	7	30	development	development	NOUN
fbem-22394	7	31	,	,	PUNCT
fbem-22394	7	32	enhance	enhance	VERB
fbem-22394	7	33	the	the	DET
fbem-22394	7	34	momentum	momentum	NOUN
fbem-22394	7	35	of	of	ADP
fbem-22394	7	36	innovative	innovative	ADJ
fbem-22394	7	37	development	development	NOUN
fbem-22394	7	38	,	,	PUNCT
fbem-22394	7	39	and	and	CCONJ
fbem-22394	7	40	build	build	VERB
fbem-22394	7	41	a	a	DET
fbem-22394	7	42	market	market	NOUN
fbem-22394	7	43	-	-	PUNCT
fbem-22394	7	44	oriented	orient	VERB
fbem-22394	7	45	green	green	ADJ
fbem-22394	7	46	technology	technology	NOUN
fbem-22394	7	47	innovation	innovation	NOUN
fbem-22394	7	48	system	system	NOUN
fbem-22394	7	49	.	.	PUNCT
fbem-22394	8	1	green	green	ADJ
fbem-22394	8	2	credit	credit	NOUN
fbem-22394	8	3	and	and	CCONJ
fbem-22394	8	4	green	green	ADJ
fbem-22394	8	5	bonds	bond	NOUN
fbem-22394	8	6	are	be	AUX
fbem-22394	8	7	important	important	ADJ
fbem-22394	8	8	components	component	NOUN
fbem-22394	8	9	of	of	ADP
fbem-22394	8	10	china	china	PROPN
fbem-22394	8	11	's	's	PART
fbem-22394	8	12	green	green	ADJ
fbem-22394	8	13	finance	finance	NOUN
fbem-22394	8	14	market	market	NOUN
fbem-22394	8	15	.	.	PUNCT
fbem-22394	9	1	compared	compare	VERB
fbem-22394	9	2	to	to	ADP
fbem-22394	9	3	green	green	ADJ
fbem-22394	9	4	credit	credit	NOUN
fbem-22394	9	5	,	,	PUNCT
fbem-22394	9	6	green	green	ADJ
fbem-22394	9	7	bonds	bond	NOUN
fbem-22394	9	8	are	be	AUX
fbem-22394	9	9	mainly	mainly	ADV
fbem-22394	9	10	issued	issue	VERB
fbem-22394	9	11	by	by	ADP
fbem-22394	9	12	enterprises	enterprise	NOUN
fbem-22394	9	13	and	and	CCONJ
fbem-22394	9	14	require	require	VERB
fbem-22394	9	15	strict	strict	ADJ
fbem-22394	9	16	information	information	NOUN
fbem-22394	9	17	disclosure	disclosure	NOUN
fbem-22394	9	18	and	and	CCONJ
fbem-22394	9	19	supervision	supervision	NOUN
fbem-22394	9	20	.	.	PUNCT
fbem-22394	10	1	their	their	PRON
fbem-22394	10	2	expenditure	expenditure	NOUN
fbem-22394	10	3	on	on	ADP
fbem-22394	10	4	risk	risk	NOUN
fbem-22394	10	5	premium	premium	NOUN
fbem-22394	10	6	is	be	AUX
fbem-22394	10	7	also	also	ADV
fbem-22394	10	8	relatively	relatively	ADV
fbem-22394	10	9	low	low	ADJ
fbem-22394	10	10	,	,	PUNCT
fbem-22394	10	11	making	make	VERB
fbem-22394	10	12	them	they	PRON
fbem-22394	10	13	more	more	ADV
fbem-22394	10	14	suitable	suitable	ADJ
fbem-22394	10	15	for	for	ADP
fbem-22394	10	16	long	long	ADJ
fbem-22394	10	17	-	-	PUNCT
fbem-22394	10	18	term	term	NOUN
fbem-22394	10	19	development	development	NOUN
fbem-22394	10	20	of	of	ADP
fbem-22394	10	21	enterprises	enterprise	NOUN
fbem-22394	10	22	.	.	PUNCT
fbem-22394	11	1	but	but	CCONJ
fbem-22394	11	2	currently	currently	ADV
fbem-22394	11	3	,	,	PUNCT
fbem-22394	11	4	in	in	ADP
fbem-22394	11	5	the	the	DET
fbem-22394	11	6	green	green	ADJ
fbem-22394	11	7	finance	finance	NOUN
fbem-22394	11	8	market	market	NOUN
fbem-22394	11	9	,	,	PUNCT
fbem-22394	11	10	the	the	DET
fbem-22394	11	11	proportion	proportion	NOUN
fbem-22394	11	12	of	of	ADP
fbem-22394	11	13	green	green	ADJ
fbem-22394	11	14	bonds	bond	NOUN
fbem-22394	11	15	in	in	ADP
fbem-22394	11	16	green	green	ADJ
fbem-22394	11	17	financing	financing	NOUN
fbem-22394	11	18	is	be	AUX
fbem-22394	11	19	less	less	ADJ
fbem-22394	11	20	than	than	ADP
fbem-22394	11	21	10	10	NUM
fbem-22394	11	22	%	%	NOUN
fbem-22394	11	23	,	,	PUNCT
fbem-22394	11	24	which	which	PRON
fbem-22394	11	25	has	have	VERB
fbem-22394	11	26	good	good	ADJ
fbem-22394	11	27	development	development	NOUN
fbem-22394	11	28	space	space	NOUN
fbem-22394	11	29	.	.	PUNCT
fbem-22394	12	1	the	the	DET
fbem-22394	12	2	research	research	NOUN
fbem-22394	12	3	significance	significance	NOUN
fbem-22394	12	4	of	of	ADP
fbem-22394	12	5	this	this	DET
fbem-22394	12	6	article	article	NOUN
fbem-22394	12	7	mainly	mainly	ADV
fbem-22394	12	8	includes	include	VERB
fbem-22394	12	9	the	the	DET
fbem-22394	12	10	following	follow	VERB
fbem-22394	12	11	aspects	aspect	NOUN
fbem-22394	12	12	:	:	PUNCT
fbem-22394	12	13	firstly	firstly	ADV
fbem-22394	12	14	,	,	PUNCT
fbem-22394	12	15	by	by	ADP
fbem-22394	12	16	studying	study	VERB
fbem-22394	12	17	the	the	DET
fbem-22394	12	18	impact	impact	NOUN
fbem-22394	12	19	of	of	ADP
fbem-22394	12	20	expanding	expand	VERB
fbem-22394	12	21	the	the	DET
fbem-22394	12	22	collateral	collateral	ADJ
fbem-22394	12	23	framework	framework	NOUN
fbem-22394	12	24	on	on	ADP
fbem-22394	12	25	the	the	DET
fbem-22394	12	26	credit	credit	NOUN
fbem-22394	12	27	spread	spread	NOUN
fbem-22394	12	28	of	of	ADP
fbem-22394	12	29	green	green	ADJ
fbem-22394	12	30	bonds	bond	NOUN
fbem-22394	12	31	,	,	PUNCT
fbem-22394	12	32	it	it	PRON
fbem-22394	12	33	provides	provide	VERB
fbem-22394	12	34	new	new	ADJ
fbem-22394	12	35	ideas	idea	NOUN
fbem-22394	12	36	for	for	ADP
fbem-22394	12	37	enterprises	enterprise	NOUN
fbem-22394	12	38	to	to	PART
fbem-22394	12	39	reduce	reduce	VERB
fbem-22394	12	40	financing	financing	NOUN
fbem-22394	12	41	costs	cost	NOUN
fbem-22394	12	42	.	.	PUNCT
fbem-22394	13	1	secondly	secondly	ADV
fbem-22394	13	2	,	,	PUNCT
fbem-22394	13	3	using	use	VERB
fbem-22394	13	4	a	a	DET
fbem-22394	13	5	multi	multi	ADJ
fbem-22394	13	6	period	period	NOUN
fbem-22394	13	7	double	double	ADJ
fbem-22394	13	8	difference	difference	NOUN
fbem-22394	13	9	model	model	NOUN
fbem-22394	13	10	to	to	PART
fbem-22394	13	11	analyze	analyze	VERB
fbem-22394	13	12	in	in	ADP
fbem-22394	13	13	detail	detail	NOUN
fbem-22394	13	14	the	the	DET
fbem-22394	13	15	policy	policy	NOUN
fbem-22394	13	16	impact	impact	NOUN
fbem-22394	13	17	of	of	ADP
fbem-22394	13	18	expansion	expansion	NOUN
fbem-22394	13	19	policies	policy	NOUN
fbem-22394	13	20	on	on	ADP
fbem-22394	13	21	green	green	ADJ
fbem-22394	13	22	innovation	innovation	NOUN
fbem-22394	13	23	of	of	ADP
fbem-22394	13	24	enterprises	enterprise	NOUN
fbem-22394	13	25	issuing	issue	VERB
fbem-22394	13	26	green	green	ADJ
fbem-22394	13	27	bonds	bond	NOUN
fbem-22394	13	28	,	,	PUNCT
fbem-22394	13	29	providing	provide	VERB
fbem-22394	13	30	theoretical	theoretical	ADJ
fbem-22394	13	31	support	support	NOUN
fbem-22394	13	32	for	for	ADP
fbem-22394	13	33	enterprises	enterprise	NOUN
fbem-22394	13	34	to	to	PART
fbem-22394	13	35	use	use	VERB
fbem-22394	13	36	green	green	ADJ
fbem-22394	13	37	financial	financial	ADJ
fbem-22394	13	38	tools	tool	NOUN
fbem-22394	13	39	to	to	PART
fbem-22394	13	40	solve	solve	VERB
fbem-22394	13	41	production	production	NOUN
fbem-22394	13	42	and	and	CCONJ
fbem-22394	13	43	operation	operation	NOUN
fbem-22394	13	44	problems	problem	NOUN
fbem-22394	13	45	.	.	PUNCT
fbem-22394	14	1	thirdly	thirdly	ADV
fbem-22394	14	2	,	,	PUNCT
fbem-22394	14	3	explore	explore	VERB
fbem-22394	14	4	the	the	DET
fbem-22394	14	5	effectiveness	effectiveness	NOUN
fbem-22394	14	6	of	of	ADP
fbem-22394	14	7	collateral	collateral	ADJ
fbem-22394	14	8	expansion	expansion	NOUN
fbem-22394	14	9	policies	policy	NOUN
fbem-22394	14	10	from	from	ADP
fbem-22394	14	11	the	the	DET
fbem-22394	14	12	perspectives	perspective	NOUN
fbem-22394	14	13	of	of	ADP
fbem-22394	14	14	financing	financing	NOUN
fbem-22394	14	15	costs	cost	NOUN
fbem-22394	14	16	and	and	CCONJ
fbem-22394	14	17	financing	financing	NOUN
fbem-22394	14	18	credit	credit	NOUN
fbem-22394	14	19	,	,	PUNCT
fbem-22394	14	20	providing	provide	VERB
fbem-22394	14	21	empirical	empirical	ADJ
fbem-22394	14	22	evidence	evidence	NOUN
fbem-22394	14	23	for	for	SCONJ
fbem-22394	14	24	the	the	DET
fbem-22394	14	25	central	central	ADJ
fbem-22394	14	26	bank	bank	NOUN
fbem-22394	14	27	to	to	PART
fbem-22394	14	28	formulate	formulate	VERB
fbem-22394	14	29	practical	practical	ADJ
fbem-22394	14	30	and	and	CCONJ
fbem-22394	14	31	feasible	feasible	ADJ
fbem-22394	14	32	monetary	monetary	ADJ
fbem-22394	14	33	policies	policy	NOUN
fbem-22394	14	34	and	and	CCONJ
fbem-22394	14	35	promote	promote	VERB
fbem-22394	14	36	the	the	DET
fbem-22394	14	37	stable	stable	ADJ
fbem-22394	14	38	development	development	NOUN
fbem-22394	14	39	of	of	ADP
fbem-22394	14	40	enterprises	enterprise	NOUN
fbem-22394	14	41	.	.	PUNCT
fbem-22394	15	1	2	2	X
fbem-22394	15	2	.	.	X
fbem-22394	15	3	literature	literature	NOUN
fbem-22394	15	4	review	review	PROPN
fbem-22394	15	5	and	and	CCONJ
fbem-22394	15	6	theoretical	theoretical	ADJ
fbem-22394	15	7	framework	framework	NOUN
fbem-22394	15	8	2.1	2.1	NUM
fbem-22394	15	9	.	.	PUNCT
fbem-22394	16	1	literature	literature	PROPN
fbem-22394	16	2	review	review	PROPN
fbem-22394	16	3	wang	wang	PROPN
fbem-22394	16	4	xin	xin	PROPN
fbem-22394	16	5	et	et	PROPN
fbem-22394	16	6	al	al	PROPN
fbem-22394	16	7	.	.	PROPN
fbem-22394	16	8	(	(	PUNCT
fbem-22394	16	9	2021	2021	NUM
fbem-22394	16	10	)	)	PUNCT
fbem-22394	16	11	found	find	VERB
fbem-22394	16	12	that	that	SCONJ
fbem-22394	16	13	green	green	ADJ
fbem-22394	16	14	credit	credit	NOUN
fbem-22394	16	15	guidance	guidance	NOUN
fbem-22394	16	16	policies	policy	NOUN
fbem-22394	16	17	can	can	AUX
fbem-22394	16	18	significantly	significantly	ADV
fbem-22394	16	19	reduce	reduce	VERB
fbem-22394	16	20	the	the	DET
fbem-22394	16	21	financing	financing	NOUN
fbem-22394	16	22	costs	cost	NOUN
fbem-22394	16	23	of	of	ADP
fbem-22394	16	24	enterprises	enterprise	NOUN
fbem-22394	16	25	and	and	CCONJ
fbem-22394	16	26	enhance	enhance	VERB
fbem-22394	16	27	the	the	DET
fbem-22394	16	28	output	output	NOUN
fbem-22394	16	29	of	of	ADP
fbem-22394	16	30	green	green	ADJ
fbem-22394	16	31	practical	practical	ADJ
fbem-22394	16	32	innovation	innovation	NOUN
fbem-22394	16	33	,	,	PUNCT
fbem-22394	16	34	based	base	VERB
fbem-22394	16	35	on	on	ADP
fbem-22394	16	36	the	the	DET
fbem-22394	16	37	background	background	NOUN
fbem-22394	16	38	of	of	ADP
fbem-22394	16	39	green	green	ADJ
fbem-22394	16	40	credit	credit	NOUN
fbem-22394	16	41	policies	policy	NOUN
fbem-22394	16	42	.	.	PUNCT
fbem-22394	17	1	wang	wang	PROPN
fbem-22394	17	2	ying	ying	PROPN
fbem-22394	17	3	and	and	CCONJ
fbem-22394	17	4	feng	feng	PROPN
fbem-22394	17	5	jiahao	jiahao	PROPN
fbem-22394	17	6	(	(	PUNCT
fbem-22394	17	7	2022	2022	NUM
fbem-22394	17	8	)	)	PUNCT
fbem-22394	17	9	explored	explore	VERB
fbem-22394	17	10	the	the	DET
fbem-22394	17	11	impact	impact	NOUN
fbem-22394	17	12	of	of	ADP
fbem-22394	17	13	green	green	ADJ
fbem-22394	17	14	bond	bond	NOUN
fbem-22394	17	15	pilot	pilot	NOUN
fbem-22394	17	16	programs	program	NOUN
fbem-22394	17	17	on	on	ADP
fbem-22394	17	18	corporate	corporate	ADJ
fbem-22394	17	19	green	green	ADJ
fbem-22394	17	20	innovation	innovation	NOUN
fbem-22394	17	21	and	and	CCONJ
fbem-22394	17	22	found	find	VERB
fbem-22394	17	23	that	that	SCONJ
fbem-22394	17	24	the	the	DET
fbem-22394	17	25	green	green	ADJ
fbem-22394	17	26	innovation	innovation	NOUN
fbem-22394	17	27	ability	ability	NOUN
fbem-22394	17	28	of	of	ADP
fbem-22394	17	29	issuers	issuer	NOUN
fbem-22394	17	30	of	of	ADP
fbem-22394	17	31	green	green	ADJ
fbem-22394	17	32	bonds	bond	NOUN
fbem-22394	17	33	has	have	AUX
fbem-22394	17	34	been	be	AUX
fbem-22394	17	35	significantly	significantly	ADV
fbem-22394	17	36	improved	improve	VERB
fbem-22394	17	37	after	after	ADP
fbem-22394	17	38	the	the	DET
fbem-22394	17	39	green	green	PROPN
fbem-22394	17	40	bond	bond	NOUN
fbem-22394	17	41	pilot	pilot	NOUN
fbem-22394	17	42	policy	policy	NOUN
fbem-22394	17	43	.	.	PUNCT
fbem-22394	18	1	however	however	ADV
fbem-22394	18	2	,	,	PUNCT
fbem-22394	18	3	as	as	ADP
fbem-22394	18	4	a	a	DET
fbem-22394	18	5	part	part	NOUN
fbem-22394	18	6	of	of	ADP
fbem-22394	18	7	green	green	ADJ
fbem-22394	18	8	finance	finance	NOUN
fbem-22394	18	9	,	,	PUNCT
fbem-22394	18	10	the	the	DET
fbem-22394	18	11	green	green	PROPN
fbem-22394	18	12	reform	reform	NOUN
fbem-22394	18	13	pilot	pilot	NOUN
fbem-22394	18	14	zone	zone	NOUN
fbem-22394	18	15	policy	policy	NOUN
fbem-22394	18	16	,	,	PUNCT
fbem-22394	18	17	although	although	SCONJ
fbem-22394	18	18	it	it	PRON
fbem-22394	18	19	increases	increase	VERB
fbem-22394	18	20	corporate	corporate	ADJ
fbem-22394	18	21	r&d	r&d	NOUN
fbem-22394	18	22	investment	investment	NOUN
fbem-22394	18	23	,	,	PUNCT
fbem-22394	18	24	has	have	VERB
fbem-22394	18	25	a	a	DET
fbem-22394	18	26	more	more	ADV
fbem-22394	18	27	restrictive	restrictive	ADJ
fbem-22394	18	28	effect	effect	NOUN
fbem-22394	18	29	on	on	ADP
fbem-22394	18	30	innovation	innovation	NOUN
fbem-22394	18	31	than	than	ADP
fbem-22394	18	32	an	an	DET
fbem-22394	18	33	incentive	incentive	NOUN
fbem-22394	18	34	effect	effect	NOUN
fbem-22394	18	35	(	(	PUNCT
fbem-22394	18	36	wang	wang	PROPN
fbem-22394	18	37	xiuhua	xiuhua	PROPN
fbem-22394	18	38	et	et	PROPN
fbem-22394	18	39	al	al	PROPN
fbem-22394	18	40	.	.	PROPN
fbem-22394	18	41	,	,	PUNCT
fbem-22394	18	42	2021	2021	NUM
fbem-22394	18	43	)	)	PUNCT
fbem-22394	18	44	.	.	PUNCT
fbem-22394	19	1	su	su	PROPN
fbem-22394	19	2	dongwei	dongwei	PROPN
fbem-22394	19	3	and	and	CCONJ
fbem-22394	19	4	liu	liu	PROPN
fbem-22394	19	5	ziming	ziming	NOUN
fbem-22394	19	6	(	(	PUNCT
fbem-22394	19	7	2023	2023	NUM
fbem-22394	19	8	)	)	PUNCT
fbem-22394	19	9	also	also	ADV
fbem-22394	19	10	took	take	VERB
fbem-22394	19	11	the	the	DET
fbem-22394	19	12	green	green	PROPN
fbem-22394	19	13	reform	reform	NOUN
fbem-22394	19	14	pilot	pilot	NOUN
fbem-22394	19	15	zone	zone	NOUN
fbem-22394	19	16	as	as	ADP
fbem-22394	19	17	the	the	DET
fbem-22394	19	18	research	research	NOUN
fbem-22394	19	19	object	object	NOUN
fbem-22394	19	20	and	and	CCONJ
fbem-22394	19	21	found	find	VERB
fbem-22394	19	22	that	that	SCONJ
fbem-22394	19	23	green	green	ADJ
fbem-22394	19	24	finance	finance	NOUN
fbem-22394	19	25	policies	policy	NOUN
fbem-22394	19	26	will	will	AUX
fbem-22394	19	27	increase	increase	VERB
fbem-22394	19	28	the	the	DET
fbem-22394	19	29	risk	risk	NOUN
fbem-22394	19	30	of	of	ADP
fbem-22394	19	31	enterprises	enterprise	NOUN
fbem-22394	19	32	turning	turn	VERB
fbem-22394	19	33	green	green	ADJ
fbem-22394	19	34	and	and	CCONJ
fbem-22394	19	35	inhibit	inhibit	VERB
fbem-22394	19	36	the	the	DET
fbem-22394	19	37	development	development	NOUN
fbem-22394	19	38	of	of	ADP
fbem-22394	19	39	green	green	ADJ
fbem-22394	19	40	innovation	innovation	NOUN
fbem-22394	19	41	.	.	PUNCT
fbem-22394	20	1	zhang	zhang	PROPN
fbem-22394	20	2	xueying	xueying	PROPN
fbem-22394	20	3	et	et	PROPN
fbem-22394	20	4	al	al	PROPN
fbem-22394	20	5	.	.	PROPN
fbem-22394	20	6	(	(	PUNCT
fbem-22394	20	7	2022	2022	NUM
fbem-22394	20	8	)	)	PUNCT
fbem-22394	20	9	linked	link	VERB
fbem-22394	20	10	green	green	ADJ
fbem-22394	20	11	bonds	bond	NOUN
fbem-22394	20	12	,	,	PUNCT
fbem-22394	20	13	green	green	ADJ
fbem-22394	20	14	drift	drift	NOUN
fbem-22394	20	15	risk	risk	NOUN
fbem-22394	20	16	and	and	CCONJ
fbem-22394	20	17	green	green	ADJ
fbem-22394	20	18	innovation	innovation	NOUN
fbem-22394	20	19	,	,	PUNCT
fbem-22394	20	20	and	and	CCONJ
fbem-22394	20	21	found	find	VERB
fbem-22394	20	22	that	that	SCONJ
fbem-22394	20	23	green	green	ADJ
fbem-22394	20	24	bonds	bond	NOUN
fbem-22394	20	25	promote	promote	VERB
fbem-22394	20	26	green	green	ADJ
fbem-22394	20	27	innovation	innovation	NOUN
fbem-22394	20	28	and	and	CCONJ
fbem-22394	20	29	reduce	reduce	VERB
fbem-22394	20	30	green	green	ADJ
fbem-22394	20	31	drift	drift	NOUN
fbem-22394	20	32	behavior	behavior	NOUN
fbem-22394	20	33	of	of	ADP
fbem-22394	20	34	enterprises	enterprise	NOUN
fbem-22394	20	35	by	by	ADP
fbem-22394	20	36	alleviating	alleviate	VERB
fbem-22394	20	37	financing	financing	NOUN
fbem-22394	20	38	constraints	constraint	NOUN
fbem-22394	20	39	of	of	ADP
fbem-22394	20	40	enterprises	enterprise	NOUN
fbem-22394	20	41	and	and	CCONJ
fbem-22394	20	42	reducing	reduce	VERB
fbem-22394	20	43	information	information	NOUN
fbem-22394	20	44	asymmetry	asymmetry	NOUN
fbem-22394	20	45	.	.	PUNCT
fbem-22394	21	1	tao	tao	PROPN
fbem-22394	21	2	feng	feng	PROPN
fbem-22394	21	3	et	et	PROPN
fbem-22394	21	4	al	al	PROPN
fbem-22394	21	5	.	.	PROPN
fbem-22394	21	6	(	(	PUNCT
fbem-22394	21	7	2021	2021	NUM
fbem-22394	21	8	)	)	PUNCT
fbem-22394	21	9	explored	explore	VERB
fbem-22394	21	10	the	the	DET
fbem-22394	21	11	impact	impact	NOUN
fbem-22394	21	12	of	of	ADP
fbem-22394	21	13	environmental	environmental	ADJ
fbem-22394	21	14	regulation	regulation	NOUN
fbem-22394	21	15	policies	policy	NOUN
fbem-22394	21	16	on	on	ADP
fbem-22394	21	17	the	the	DET
fbem-22394	21	18	incremental	incremental	ADJ
fbem-22394	21	19	improvement	improvement	NOUN
fbem-22394	21	20	of	of	ADP
fbem-22394	21	21	green	green	ADJ
fbem-22394	21	22	innovation	innovation	NOUN
fbem-22394	21	23	from	from	ADP
fbem-22394	21	24	the	the	DET
fbem-22394	21	25	perspective	perspective	NOUN
fbem-22394	21	26	of	of	ADP
fbem-22394	21	27	environmental	environmental	ADJ
fbem-22394	21	28	regulation	regulation	NOUN
fbem-22394	21	29	policies	policy	NOUN
fbem-22394	21	30	,	,	PUNCT
fbem-22394	21	31	and	and	CCONJ
fbem-22394	21	32	found	find	VERB
fbem-22394	21	33	that	that	SCONJ
fbem-22394	21	34	although	although	SCONJ
fbem-22394	21	35	the	the	DET
fbem-22394	21	36	implementation	implementation	NOUN
fbem-22394	21	37	of	of	ADP
fbem-22394	21	38	environmental	environmental	ADJ
fbem-22394	21	39	regulation	regulation	NOUN
fbem-22394	21	40	policies	policy	NOUN
fbem-22394	21	41	can	can	AUX
fbem-22394	21	42	promote	promote	VERB
fbem-22394	21	43	the	the	DET
fbem-22394	21	44	increase	increase	NOUN
fbem-22394	21	45	of	of	ADP
fbem-22394	21	46	innovation	innovation	NOUN
fbem-22394	21	47	quantity	quantity	NOUN
fbem-22394	21	48	,	,	PUNCT
fbem-22394	21	49	it	it	PRON
fbem-22394	21	50	will	will	AUX
fbem-22394	21	51	reduce	reduce	VERB
fbem-22394	21	52	the	the	DET
fbem-22394	21	53	quality	quality	NOUN
fbem-22394	21	54	level	level	NOUN
fbem-22394	21	55	of	of	ADP
fbem-22394	21	56	enterprise	enterprise	NOUN
fbem-22394	21	57	green	green	ADJ
fbem-22394	21	58	innovation	innovation	NOUN
fbem-22394	21	59	.	.	PUNCT
fbem-22394	22	1	in	in	ADP
fbem-22394	22	2	recent	recent	ADJ
fbem-22394	22	3	years	year	NOUN
fbem-22394	22	4	,	,	PUNCT
fbem-22394	22	5	the	the	DET
fbem-22394	22	6	new	new	ADJ
fbem-22394	22	7	monetary	monetary	ADJ
fbem-22394	22	8	policy	policy	NOUN
fbem-22394	22	9	has	have	AUX
fbem-22394	22	10	gradually	gradually	ADV
fbem-22394	22	11	entered	enter	VERB
fbem-22394	22	12	the	the	DET
fbem-22394	22	13	public	public	NOUN
fbem-22394	22	14	's	's	PART
fbem-22394	22	15	vision	vision	NOUN
fbem-22394	22	16	.	.	PUNCT
fbem-22394	23	1	as	as	ADP
fbem-22394	23	2	an	an	DET
fbem-22394	23	3	innovation	innovation	NOUN
fbem-22394	23	4	of	of	ADP
fbem-22394	23	5	the	the	DET
fbem-22394	23	6	new	new	ADJ
fbem-22394	23	7	monetary	monetary	ADJ
fbem-22394	23	8	policy	policy	NOUN
fbem-22394	23	9	,	,	PUNCT
fbem-22394	23	10	the	the	DET
fbem-22394	23	11	collateral	collateral	ADJ
fbem-22394	23	12	framework	framework	NOUN
fbem-22394	23	13	.	.	PUNCT
fbem-22394	24	1	chen	chen	PROPN
fbem-22394	24	2	guojin	guojin	PROPN
fbem-22394	24	3	et	et	PROPN
fbem-22394	24	4	al	al	PROPN
fbem-22394	24	5	.	.	PROPN
fbem-22394	25	1	(	(	PUNCT
fbem-22394	25	2	2021	2021	NUM
fbem-22394	25	3	)	)	PUNCT
fbem-22394	25	4	combined	combine	VERB
fbem-22394	25	5	the	the	DET
fbem-22394	25	6	collateral	collateral	ADJ
fbem-22394	25	7	expansion	expansion	NOUN
fbem-22394	25	8	policy	policy	NOUN
fbem-22394	25	9	with	with	ADP
fbem-22394	25	10	brown	brown	ADJ
fbem-22394	25	11	enterprises	enterprise	NOUN
fbem-22394	25	12	and	and	CCONJ
fbem-22394	25	13	found	find	VERB
fbem-22394	25	14	that	that	SCONJ
fbem-22394	25	15	green	green	ADJ
fbem-22394	25	16	finance	finance	NOUN
fbem-22394	25	17	policies	policy	NOUN
fbem-22394	25	18	can	can	AUX
fbem-22394	25	19	force	force	VERB
fbem-22394	25	20	412	412	NUM
fbem-22394	25	21	polluting	polluting	NOUN
fbem-22394	25	22	enterprises	enterprise	NOUN
fbem-22394	25	23	to	to	PART
fbem-22394	25	24	transform	transform	VERB
fbem-22394	25	25	.	.	PUNCT
fbem-22394	26	1	guo	guo	PROPN
fbem-22394	26	2	ye	ye	PROPN
fbem-22394	26	3	and	and	CCONJ
fbem-22394	26	4	fang	fang	X
fbem-22394	26	5	fang	fang	X
fbem-22394	26	6	(	(	PUNCT
fbem-22394	26	7	2021	2021	NUM
fbem-22394	26	8	)	)	PUNCT
fbem-22394	26	9	studied	study	VERB
fbem-22394	26	10	the	the	DET
fbem-22394	26	11	green	green	ADJ
fbem-22394	26	12	effect	effect	NOUN
fbem-22394	26	13	of	of	ADP
fbem-22394	26	14	green	green	ADJ
fbem-22394	26	15	credit	credit	NOUN
fbem-22394	26	16	as	as	ADP
fbem-22394	26	17	an	an	DET
fbem-22394	26	18	expanded	expand	VERB
fbem-22394	26	19	asset	asset	NOUN
fbem-22394	26	20	on	on	ADP
fbem-22394	26	21	enterprises	enterprise	NOUN
fbem-22394	26	22	,	,	PUNCT
fbem-22394	26	23	which	which	PRON
fbem-22394	26	24	can	can	AUX
fbem-22394	26	25	effectively	effectively	ADV
fbem-22394	26	26	improve	improve	VERB
fbem-22394	26	27	the	the	DET
fbem-22394	26	28	credit	credit	NOUN
fbem-22394	26	29	availability	availability	NOUN
fbem-22394	26	30	of	of	ADP
fbem-22394	26	31	green	green	ADJ
fbem-22394	26	32	enterprises	enterprise	NOUN
fbem-22394	26	33	.	.	PUNCT
fbem-22394	27	1	2.2	2.2	NUM
fbem-22394	27	2	.	.	PUNCT
fbem-22394	27	3	theoretical	theoretical	ADJ
fbem-22394	27	4	framework	framework	NOUN
fbem-22394	27	5	this	this	DET
fbem-22394	27	6	article	article	NOUN
fbem-22394	27	7	starts	start	VERB
fbem-22394	27	8	from	from	ADP
fbem-22394	27	9	the	the	DET
fbem-22394	27	10	perspective	perspective	NOUN
fbem-22394	27	11	of	of	ADP
fbem-22394	27	12	incorporating	incorporate	VERB
fbem-22394	27	13	green	green	ADJ
fbem-22394	27	14	bonds	bond	NOUN
fbem-22394	27	15	into	into	ADP
fbem-22394	27	16	the	the	DET
fbem-22394	27	17	collateral	collateral	ADJ
fbem-22394	27	18	framework	framework	NOUN
fbem-22394	27	19	of	of	ADP
fbem-22394	27	20	the	the	DET
fbem-22394	27	21	new	new	ADJ
fbem-22394	27	22	monetary	monetary	ADJ
fbem-22394	27	23	policy	policy	NOUN
fbem-22394	27	24	.	.	PUNCT
fbem-22394	28	1	firstly	firstly	ADV
fbem-22394	28	2	,	,	PUNCT
fbem-22394	28	3	it	it	PRON
fbem-22394	28	4	studies	study	VERB
fbem-22394	28	5	the	the	DET
fbem-22394	28	6	changes	change	NOUN
fbem-22394	28	7	in	in	ADP
fbem-22394	28	8	the	the	DET
fbem-22394	28	9	credit	credit	NOUN
fbem-22394	28	10	spread	spread	NOUN
fbem-22394	28	11	of	of	ADP
fbem-22394	28	12	green	green	ADJ
fbem-22394	28	13	bonds	bond	NOUN
fbem-22394	28	14	after	after	ADP
fbem-22394	28	15	the	the	DET
fbem-22394	28	16	expansion	expansion	NOUN
fbem-22394	28	17	policy	policy	NOUN
fbem-22394	28	18	from	from	ADP
fbem-22394	28	19	the	the	DET
fbem-22394	28	20	perspective	perspective	NOUN
fbem-22394	28	21	of	of	ADP
fbem-22394	28	22	financing	financing	NOUN
fbem-22394	28	23	costs	cost	NOUN
fbem-22394	28	24	;	;	PUNCT
fbem-22394	28	25	secondly	secondly	ADV
fbem-22394	28	26	,	,	PUNCT
fbem-22394	28	27	the	the	DET
fbem-22394	28	28	green	green	ADJ
fbem-22394	28	29	innovation	innovation	NOUN
fbem-22394	28	30	output	output	NOUN
fbem-22394	28	31	is	be	AUX
fbem-22394	28	32	represented	represent	VERB
fbem-22394	28	33	by	by	ADP
fbem-22394	28	34	the	the	DET
fbem-22394	28	35	number	number	NOUN
fbem-22394	28	36	of	of	ADP
fbem-22394	28	37	green	green	ADJ
fbem-22394	28	38	invention	invention	NOUN
fbem-22394	28	39	patents	patent	NOUN
fbem-22394	28	40	and	and	CCONJ
fbem-22394	28	41	green	green	ADJ
fbem-22394	28	42	utility	utility	NOUN
fbem-22394	28	43	patents	patent	NOUN
fbem-22394	28	44	,	,	PUNCT
fbem-22394	28	45	and	and	CCONJ
fbem-22394	28	46	the	the	DET
fbem-22394	28	47	green	green	ADJ
fbem-22394	28	48	innovation	innovation	NOUN
fbem-22394	28	49	output	output	NOUN
fbem-22394	28	50	effect	effect	NOUN
fbem-22394	28	51	of	of	ADP
fbem-22394	28	52	collateral	collateral	ADJ
fbem-22394	28	53	expansion	expansion	NOUN
fbem-22394	28	54	policies	policy	NOUN
fbem-22394	28	55	on	on	ADP
fbem-22394	28	56	enterprises	enterprise	NOUN
fbem-22394	28	57	issuing	issue	VERB
fbem-22394	28	58	green	green	ADJ
fbem-22394	28	59	bonds	bond	NOUN
fbem-22394	28	60	is	be	AUX
fbem-22394	28	61	measured	measure	VERB
fbem-22394	28	62	from	from	ADP
fbem-22394	28	63	the	the	DET
fbem-22394	28	64	perspectives	perspective	NOUN
fbem-22394	28	65	of	of	ADP
fbem-22394	28	66	quality	quality	NOUN
fbem-22394	28	67	and	and	CCONJ
fbem-22394	28	68	quantity	quantity	NOUN
fbem-22394	28	69	;	;	PUNCT
fbem-22394	28	70	then	then	ADV
fbem-22394	28	71	,	,	PUNCT
fbem-22394	28	72	financing	financing	NOUN
fbem-22394	28	73	costs	cost	NOUN
fbem-22394	28	74	and	and	CCONJ
fbem-22394	28	75	financing	financing	NOUN
fbem-22394	28	76	credit	credit	NOUN
fbem-22394	28	77	are	be	AUX
fbem-22394	28	78	used	use	VERB
fbem-22394	28	79	as	as	ADP
fbem-22394	28	80	intermediary	intermediary	ADJ
fbem-22394	28	81	variables	variable	NOUN
fbem-22394	28	82	to	to	PART
fbem-22394	28	83	test	test	VERB
fbem-22394	28	84	the	the	DET
fbem-22394	28	85	transmission	transmission	NOUN
fbem-22394	28	86	mechanism	mechanism	NOUN
fbem-22394	28	87	of	of	ADP
fbem-22394	28	88	collateral	collateral	ADJ
fbem-22394	28	89	expansion	expansion	NOUN
fbem-22394	28	90	policies	policy	NOUN
fbem-22394	28	91	on	on	ADP
fbem-22394	28	92	green	green	ADJ
fbem-22394	28	93	innovation	innovation	NOUN
fbem-22394	28	94	;	;	PUNCT
fbem-22394	28	95	finally	finally	ADV
fbem-22394	28	96	,	,	PUNCT
fbem-22394	28	97	a	a	DET
fbem-22394	28	98	detailed	detailed	ADJ
fbem-22394	28	99	analysis	analysis	NOUN
fbem-22394	28	100	of	of	ADP
fbem-22394	28	101	the	the	DET
fbem-22394	28	102	heterogeneity	heterogeneity	NOUN
fbem-22394	28	103	characteristics	characteristic	NOUN
fbem-22394	28	104	of	of	ADP
fbem-22394	28	105	expansion	expansion	NOUN
fbem-22394	28	106	policies	policy	NOUN
fbem-22394	28	107	is	be	AUX
fbem-22394	28	108	conducted	conduct	VERB
fbem-22394	28	109	to	to	PART
fbem-22394	28	110	distinguish	distinguish	VERB
fbem-22394	28	111	the	the	DET
fbem-22394	28	112	differences	difference	NOUN
fbem-22394	28	113	in	in	ADP
fbem-22394	28	114	quality	quality	NOUN
fbem-22394	28	115	assurance	assurance	NOUN
fbem-22394	28	116	expansion	expansion	NOUN
fbem-22394	28	117	policies	policy	NOUN
fbem-22394	28	118	from	from	ADP
fbem-22394	28	119	the	the	DET
fbem-22394	28	120	perspective	perspective	NOUN
fbem-22394	28	121	of	of	ADP
fbem-22394	28	122	the	the	DET
fbem-22394	28	123	enterprise	enterprise	NOUN
fbem-22394	28	124	's	's	PART
fbem-22394	28	125	lifecycle	lifecycle	NOUN
fbem-22394	28	126	.	.	PUNCT
fbem-22394	29	1	based	base	VERB
fbem-22394	29	2	on	on	ADP
fbem-22394	29	3	the	the	DET
fbem-22394	29	4	policy	policy	NOUN
fbem-22394	29	5	event	event	NOUN
fbem-22394	29	6	of	of	ADP
fbem-22394	29	7	green	green	ADJ
fbem-22394	29	8	bonds	bond	NOUN
fbem-22394	29	9	being	be	AUX
fbem-22394	29	10	included	include	VERB
fbem-22394	29	11	in	in	ADP
fbem-22394	29	12	the	the	DET
fbem-22394	29	13	mlf	mlf	NOUN
fbem-22394	29	14	(	(	PUNCT
fbem-22394	29	15	medium	medium	ADJ
fbem-22394	29	16	term	term	NOUN
fbem-22394	29	17	lending	lending	NOUN
fbem-22394	29	18	facility	facility	NOUN
fbem-22394	29	19	)	)	PUNCT
fbem-22394	29	20	qualified	qualified	ADJ
fbem-22394	29	21	collateral	collateral	ADJ
fbem-22394	29	22	framework	framework	NOUN
fbem-22394	29	23	in	in	ADP
fbem-22394	29	24	june	june	PROPN
fbem-22394	29	25	2018	2018	NUM
fbem-22394	29	26	as	as	ADP
fbem-22394	29	27	a	a	DET
fbem-22394	29	28	quasi	quasi	ADJ
fbem-22394	29	29	-	-	ADJ
fbem-22394	29	30	natural	natural	ADJ
fbem-22394	29	31	experiment	experiment	NOUN
fbem-22394	29	32	,	,	PUNCT
fbem-22394	29	33	a	a	DET
fbem-22394	29	34	model	model	NOUN
fbem-22394	29	35	was	be	AUX
fbem-22394	29	36	set	set	VERB
fbem-22394	29	37	up	up	ADP
fbem-22394	29	38	to	to	PART
fbem-22394	29	39	study	study	VERB
fbem-22394	29	40	the	the	DET
fbem-22394	29	41	relationship	relationship	NOUN
fbem-22394	29	42	between	between	ADP
fbem-22394	29	43	collateral	collateral	ADJ
fbem-22394	29	44	expansion	expansion	NOUN
fbem-22394	29	45	policies	policy	NOUN
fbem-22394	29	46	and	and	CCONJ
fbem-22394	29	47	green	green	ADJ
fbem-22394	29	48	bond	bond	NOUN
fbem-22394	29	49	credit	credit	NOUN
fbem-22394	29	50	spreads	spread	NOUN
fbem-22394	29	51	,	,	PUNCT
fbem-22394	29	52	as	as	ADV
fbem-22394	29	53	well	well	ADV
fbem-22394	29	54	as	as	ADP
fbem-22394	29	55	the	the	DET
fbem-22394	29	56	relationship	relationship	NOUN
fbem-22394	29	57	between	between	ADP
fbem-22394	29	58	collateral	collateral	ADJ
fbem-22394	29	59	expansion	expansion	NOUN
fbem-22394	29	60	policies	policy	NOUN
fbem-22394	29	61	and	and	CCONJ
fbem-22394	29	62	green	green	ADJ
fbem-22394	29	63	innovation	innovation	NOUN
fbem-22394	29	64	of	of	ADP
fbem-22394	29	65	issuing	issue	VERB
fbem-22394	29	66	enterprises	enterprise	NOUN
fbem-22394	29	67	,	,	PUNCT
fbem-22394	29	68	in	in	ADP
fbem-22394	29	69	order	order	NOUN
fbem-22394	29	70	to	to	PART
fbem-22394	29	71	analyze	analyze	VERB
fbem-22394	29	72	the	the	DET
fbem-22394	29	73	impact	impact	NOUN
fbem-22394	29	74	of	of	ADP
fbem-22394	29	75	collateral	collateral	ADJ
fbem-22394	29	76	expansion	expansion	NOUN
fbem-22394	29	77	policies	policy	NOUN
fbem-22394	29	78	on	on	ADP
fbem-22394	29	79	green	green	ADJ
fbem-22394	29	80	bond	bond	NOUN
fbem-22394	29	81	credit	credit	NOUN
fbem-22394	29	82	spreads	spread	NOUN
fbem-22394	29	83	and	and	CCONJ
fbem-22394	29	84	green	green	ADJ
fbem-22394	29	85	technology	technology	NOUN
fbem-22394	29	86	innovation	innovation	NOUN
fbem-22394	29	87	.	.	PUNCT
fbem-22394	30	1	3	3	X
fbem-22394	30	2	.	.	X
fbem-22394	30	3	research	research	NOUN
fbem-22394	30	4	design	design	PROPN
fbem-22394	30	5	3.1	3.1	NUM
fbem-22394	30	6	.	.	PUNCT
fbem-22394	30	7	data	datum	NOUN
fbem-22394	30	8	source	source	NOUN
fbem-22394	30	9	and	and	CCONJ
fbem-22394	30	10	sample	sample	NOUN
fbem-22394	30	11	selection	selection	NOUN
fbem-22394	30	12	this	this	DET
fbem-22394	30	13	article	article	NOUN
fbem-22394	30	14	selects	select	VERB
fbem-22394	30	15	a	a	DET
fbem-22394	30	16	-	-	PUNCT
fbem-22394	30	17	share	share	NOUN
fbem-22394	30	18	listed	list	VERB
fbem-22394	30	19	companies	company	NOUN
fbem-22394	30	20	in	in	ADP
fbem-22394	30	21	shanghai	shanghai	PROPN
fbem-22394	30	22	and	and	CCONJ
fbem-22394	30	23	shenzhen	shenzhen	PROPN
fbem-22394	30	24	as	as	ADP
fbem-22394	30	25	the	the	DET
fbem-22394	30	26	research	research	NOUN
fbem-22394	30	27	sample	sample	NOUN
fbem-22394	30	28	,	,	PUNCT
fbem-22394	30	29	and	and	CCONJ
fbem-22394	30	30	takes	take	VERB
fbem-22394	30	31	january	january	PROPN
fbem-22394	30	32	2016	2016	NUM
fbem-22394	30	33	to	to	ADP
fbem-22394	30	34	december	december	PROPN
fbem-22394	30	35	2022	2022	NUM
fbem-22394	30	36	as	as	ADP
fbem-22394	30	37	the	the	DET
fbem-22394	30	38	sample	sample	NOUN
fbem-22394	30	39	interval	interval	NOUN
fbem-22394	30	40	.	.	PUNCT
fbem-22394	31	1	secondly	secondly	ADV
fbem-22394	31	2	,	,	PUNCT
fbem-22394	31	3	the	the	DET
fbem-22394	31	4	sample	sample	NOUN
fbem-22394	31	5	data	data	NOUN
fbem-22394	31	6	is	be	AUX
fbem-22394	31	7	divided	divide	VERB
fbem-22394	31	8	into	into	ADP
fbem-22394	31	9	bond	bond	NOUN
fbem-22394	31	10	data	datum	NOUN
fbem-22394	31	11	and	and	CCONJ
fbem-22394	31	12	green	green	ADJ
fbem-22394	31	13	innovation	innovation	NOUN
fbem-22394	31	14	data	datum	NOUN
fbem-22394	31	15	.	.	PUNCT
fbem-22394	32	1	bonds	bond	NOUN
fbem-22394	32	2	include	include	VERB
fbem-22394	32	3	corporate	corporate	ADJ
fbem-22394	32	4	bonds	bond	NOUN
fbem-22394	32	5	and	and	CCONJ
fbem-22394	32	6	financial	financial	ADJ
fbem-22394	32	7	bonds	bond	NOUN
fbem-22394	32	8	in	in	ADP
fbem-22394	32	9	the	the	DET
fbem-22394	32	10	interbank	interbank	NOUN
fbem-22394	32	11	market	market	NOUN
fbem-22394	32	12	,	,	PUNCT
fbem-22394	32	13	and	and	CCONJ
fbem-22394	32	14	the	the	DET
fbem-22394	32	15	issuer	issuer	ADJ
fbem-22394	32	16	information	information	NOUN
fbem-22394	32	17	is	be	AUX
fbem-22394	32	18	matched	match	VERB
fbem-22394	32	19	with	with	ADP
fbem-22394	32	20	listed	list	VERB
fbem-22394	32	21	companies	company	NOUN
fbem-22394	32	22	;	;	PUNCT
fbem-22394	32	23	the	the	DET
fbem-22394	32	24	green	green	PROPN
fbem-22394	32	25	innovation	innovation	NOUN
fbem-22394	32	26	data	datum	NOUN
fbem-22394	32	27	was	be	AUX
fbem-22394	32	28	collected	collect	VERB
fbem-22394	32	29	from	from	ADP
fbem-22394	32	30	the	the	DET
fbem-22394	32	31	china	china	PROPN
fbem-22394	32	32	national	national	PROPN
fbem-22394	32	33	intellectual	intellectual	PROPN
fbem-22394	32	34	property	property	PROPN
fbem-22394	32	35	administration	administration	NOUN
fbem-22394	32	36	,	,	PUNCT
fbem-22394	32	37	and	and	CCONJ
fbem-22394	32	38	the	the	DET
fbem-22394	32	39	ipc	ipc	PROPN
fbem-22394	32	40	number	number	NOUN
fbem-22394	32	41	of	of	ADP
fbem-22394	32	42	the	the	DET
fbem-22394	32	43	listed	list	VERB
fbem-22394	32	44	company	company	NOUN
fbem-22394	32	45	's	's	PART
fbem-22394	32	46	patent	patent	NOUN
fbem-22394	32	47	was	be	AUX
fbem-22394	32	48	matched	match	VERB
fbem-22394	32	49	with	with	ADP
fbem-22394	32	50	the	the	DET
fbem-22394	32	51	wipo	wipo	PROPN
fbem-22394	32	52	green	green	PROPN
fbem-22394	32	53	patent	patent	NOUN
fbem-22394	32	54	list	list	NOUN
fbem-22394	32	55	to	to	PART
fbem-22394	32	56	obtain	obtain	VERB
fbem-22394	32	57	the	the	DET
fbem-22394	32	58	green	green	ADJ
fbem-22394	32	59	innovation	innovation	NOUN
fbem-22394	32	60	data	datum	NOUN
fbem-22394	32	61	.	.	PUNCT
fbem-22394	33	1	in	in	ADP
fbem-22394	33	2	model	model	NOUN
fbem-22394	33	3	1	1	NUM
fbem-22394	33	4	,	,	PUNCT
fbem-22394	33	5	considering	consider	VERB
fbem-22394	33	6	the	the	DET
fbem-22394	33	7	frequency	frequency	NOUN
fbem-22394	33	8	of	of	ADP
fbem-22394	33	9	bond	bond	NOUN
fbem-22394	33	10	issuance	issuance	NOUN
fbem-22394	33	11	,	,	PUNCT
fbem-22394	33	12	quarterly	quarterly	ADJ
fbem-22394	33	13	frequency	frequency	NOUN
fbem-22394	33	14	data	datum	NOUN
fbem-22394	33	15	is	be	AUX
fbem-22394	33	16	used	use	VERB
fbem-22394	33	17	to	to	PART
fbem-22394	33	18	avoid	avoid	VERB
fbem-22394	33	19	potential	potential	ADJ
fbem-22394	33	20	omissions	omission	NOUN
fbem-22394	33	21	;	;	PUNCT
fbem-22394	33	22	in	in	ADP
fbem-22394	33	23	model	model	NOUN
fbem-22394	33	24	2	2	NUM
fbem-22394	33	25	,	,	PUNCT
fbem-22394	33	26	due	due	ADP
fbem-22394	33	27	to	to	ADP
fbem-22394	33	28	patent	patent	NOUN
fbem-22394	33	29	statistics	statistic	NOUN
fbem-22394	33	30	issues	issue	NOUN
fbem-22394	33	31	and	and	CCONJ
fbem-22394	33	32	policy	policy	NOUN
fbem-22394	33	33	timing	timing	NOUN
fbem-22394	33	34	occurring	occur	VERB
fbem-22394	33	35	in	in	ADP
fbem-22394	33	36	half	half	DET
fbem-22394	33	37	a	a	DET
fbem-22394	33	38	year	year	NOUN
fbem-22394	33	39	,	,	PUNCT
fbem-22394	33	40	in	in	ADP
fbem-22394	33	41	order	order	NOUN
fbem-22394	33	42	to	to	PART
fbem-22394	33	43	better	well	ADJ
fbem-22394	33	44	measure	measure	VERB
fbem-22394	33	45	policy	policy	NOUN
fbem-22394	33	46	effectiveness	effectiveness	NOUN
fbem-22394	33	47	,	,	PUNCT
fbem-22394	33	48	semiannual	semiannual	ADJ
fbem-22394	33	49	reporting	reporting	NOUN
fbem-22394	33	50	frequency	frequency	NOUN
fbem-22394	33	51	data	datum	NOUN
fbem-22394	33	52	is	be	AUX
fbem-22394	33	53	used	use	VERB
fbem-22394	33	54	.	.	PUNCT
fbem-22394	34	1	the	the	DET
fbem-22394	34	2	sample	sample	NOUN
fbem-22394	34	3	data	data	NOUN
fbem-22394	34	4	is	be	AUX
fbem-22394	34	5	from	from	ADP
fbem-22394	34	6	guotai'an	guotai'an	ADJ
fbem-22394	34	7	database	database	NOUN
fbem-22394	34	8	and	and	CCONJ
fbem-22394	34	9	china	china	PROPN
fbem-22394	34	10	national	national	PROPN
fbem-22394	34	11	intellectual	intellectual	PROPN
fbem-22394	34	12	property	property	PROPN
fbem-22394	34	13	administration	administration	NOUN
fbem-22394	34	14	,	,	PUNCT
fbem-22394	34	15	and	and	CCONJ
fbem-22394	34	16	the	the	DET
fbem-22394	34	17	enterprise	enterprise	NOUN
fbem-22394	34	18	financial	financial	ADJ
fbem-22394	34	19	data	datum	NOUN
fbem-22394	34	20	is	be	AUX
fbem-22394	34	21	from	from	ADP
fbem-22394	34	22	guotai'an	guotai'an	ADJ
fbem-22394	34	23	listed	list	VERB
fbem-22394	34	24	enterprise	enterprise	NOUN
fbem-22394	34	25	financial	financial	ADJ
fbem-22394	34	26	statement	statement	NOUN
fbem-22394	34	27	database	database	NOUN
fbem-22394	34	28	.	.	PUNCT
fbem-22394	35	1	this	this	DET
fbem-22394	35	2	article	article	NOUN
fbem-22394	35	3	separately	separately	ADV
fbem-22394	35	4	processes	process	VERB
fbem-22394	35	5	data	datum	NOUN
fbem-22394	35	6	on	on	ADP
fbem-22394	35	7	bonds	bond	NOUN
fbem-22394	35	8	and	and	CCONJ
fbem-22394	35	9	corporate	corporate	ADJ
fbem-22394	35	10	green	green	ADJ
fbem-22394	35	11	innovation	innovation	NOUN
fbem-22394	35	12	.	.	PUNCT
fbem-22394	36	1	the	the	DET
fbem-22394	36	2	bond	bond	NOUN
fbem-22394	36	3	data	datum	NOUN
fbem-22394	36	4	excludes	exclude	VERB
fbem-22394	36	5	data	datum	NOUN
fbem-22394	36	6	with	with	ADP
fbem-22394	36	7	missing	miss	VERB
fbem-22394	36	8	variables	variable	NOUN
fbem-22394	36	9	and	and	CCONJ
fbem-22394	36	10	negative	negative	ADJ
fbem-22394	36	11	credit	credit	NOUN
fbem-22394	36	12	spreads	spread	NOUN
fbem-22394	36	13	,	,	PUNCT
fbem-22394	36	14	as	as	ADV
fbem-22394	36	15	well	well	ADV
fbem-22394	36	16	as	as	ADP
fbem-22394	36	17	non	non	ADJ
fbem-22394	36	18	-	-	ADJ
fbem-22394	36	19	listed	listed	ADJ
fbem-22394	36	20	corporate	corporate	ADJ
fbem-22394	36	21	bonds	bond	NOUN
fbem-22394	36	22	such	such	ADJ
fbem-22394	36	23	as	as	ADP
fbem-22394	36	24	urban	urban	ADJ
fbem-22394	36	25	investment	investment	NOUN
fbem-22394	36	26	bonds	bond	NOUN
fbem-22394	36	27	and	and	CCONJ
fbem-22394	36	28	progressive	progressive	ADJ
fbem-22394	36	29	interest	interest	NOUN
fbem-22394	36	30	rate	rate	NOUN
fbem-22394	36	31	structured	structure	VERB
fbem-22394	36	32	bonds	bond	NOUN
fbem-22394	36	33	.	.	PUNCT
fbem-22394	37	1	the	the	DET
fbem-22394	37	2	green	green	PROPN
fbem-22394	37	3	innovation	innovation	NOUN
fbem-22394	37	4	data	datum	NOUN
fbem-22394	37	5	excludes	exclude	VERB
fbem-22394	37	6	data	datum	NOUN
fbem-22394	37	7	with	with	ADP
fbem-22394	37	8	missing	miss	VERB
fbem-22394	37	9	variables	variable	NOUN
fbem-22394	37	10	,	,	PUNCT
fbem-22394	37	11	listed	list	VERB
fbem-22394	37	12	st	st	PROPN
fbem-22394	37	13	companies	company	NOUN
fbem-22394	37	14	,	,	PUNCT
fbem-22394	37	15	financial	financial	ADJ
fbem-22394	37	16	listed	list	VERB
fbem-22394	37	17	companies	company	NOUN
fbem-22394	37	18	,	,	PUNCT
fbem-22394	37	19	and	and	CCONJ
fbem-22394	37	20	companies	company	NOUN
fbem-22394	37	21	listed	list	VERB
fbem-22394	37	22	after	after	ADP
fbem-22394	37	23	2016	2016	NUM
fbem-22394	37	24	.	.	PUNCT
fbem-22394	38	1	to	to	PART
fbem-22394	38	2	avoid	avoid	VERB
fbem-22394	38	3	the	the	DET
fbem-22394	38	4	impact	impact	NOUN
fbem-22394	38	5	of	of	ADP
fbem-22394	38	6	outliers	outlier	NOUN
fbem-22394	38	7	in	in	ADP
fbem-22394	38	8	the	the	DET
fbem-22394	38	9	sample	sample	NOUN
fbem-22394	38	10	data	datum	NOUN
fbem-22394	38	11	,	,	PUNCT
fbem-22394	38	12	this	this	DET
fbem-22394	38	13	article	article	NOUN
fbem-22394	38	14	applies	apply	VERB
fbem-22394	38	15	1	1	NUM
fbem-22394	38	16	%	%	NOUN
fbem-22394	38	17	and	and	CCONJ
fbem-22394	38	18	99	99	NUM
fbem-22394	38	19	%	%	NOUN
fbem-22394	38	20	truncation	truncation	NOUN
fbem-22394	38	21	to	to	ADP
fbem-22394	38	22	the	the	DET
fbem-22394	38	23	sample	sample	NOUN
fbem-22394	38	24	data	datum	NOUN
fbem-22394	38	25	.	.	PUNCT
fbem-22394	39	1	3.2	3.2	NUM
fbem-22394	39	2	.	.	PUNCT
fbem-22394	39	3	model	model	NOUN
fbem-22394	39	4	setting	set	VERB
fbem-22394	39	5	3.2.1	3.2.1	NUM
fbem-22394	39	6	.	.	PUNCT
fbem-22394	40	1	relationship	relationship	NOUN
fbem-22394	40	2	between	between	ADP
fbem-22394	40	3	collateral	collateral	ADJ
fbem-22394	40	4	expansion	expansion	NOUN
fbem-22394	40	5	policy	policy	NOUN
fbem-22394	40	6	and	and	CCONJ
fbem-22394	40	7	green	green	ADJ
fbem-22394	40	8	bond	bond	NOUN
fbem-22394	40	9	credit	credit	NOUN
fbem-22394	40	10	spread	spread	VERB
fbem-22394	40	11	this	this	DET
fbem-22394	40	12	article	article	NOUN
fbem-22394	40	13	is	be	AUX
fbem-22394	40	14	based	base	VERB
fbem-22394	40	15	on	on	ADP
fbem-22394	40	16	the	the	DET
fbem-22394	40	17	quasi	quasi	ADJ
fbem-22394	40	18	natural	natural	ADJ
fbem-22394	40	19	experiment	experiment	NOUN
fbem-22394	40	20	of	of	ADP
fbem-22394	40	21	incorporating	incorporate	VERB
fbem-22394	40	22	green	green	ADJ
fbem-22394	40	23	bonds	bond	NOUN
fbem-22394	40	24	into	into	ADP
fbem-22394	40	25	the	the	DET
fbem-22394	40	26	collateral	collateral	ADJ
fbem-22394	40	27	framework	framework	NOUN
fbem-22394	40	28	of	of	ADP
fbem-22394	40	29	the	the	DET
fbem-22394	40	30	new	new	ADJ
fbem-22394	40	31	monetary	monetary	ADJ
fbem-22394	40	32	policy	policy	NOUN
fbem-22394	40	33	,	,	PUNCT
fbem-22394	40	34	and	and	CCONJ
fbem-22394	40	35	uses	use	VERB
fbem-22394	40	36	a	a	DET
fbem-22394	40	37	two	two	NUM
fbem-22394	40	38	period	period	NOUN
fbem-22394	40	39	double	double	ADJ
fbem-22394	40	40	difference	difference	NOUN
fbem-22394	40	41	model	model	NOUN
fbem-22394	40	42	to	to	PART
fbem-22394	40	43	test	test	VERB
fbem-22394	40	44	the	the	DET
fbem-22394	40	45	impact	impact	NOUN
fbem-22394	40	46	of	of	ADP
fbem-22394	40	47	collateral	collateral	ADJ
fbem-22394	40	48	expansion	expansion	NOUN
fbem-22394	40	49	policy	policy	NOUN
fbem-22394	40	50	on	on	ADP
fbem-22394	40	51	the	the	DET
fbem-22394	40	52	credit	credit	NOUN
fbem-22394	40	53	spread	spread	NOUN
fbem-22394	40	54	of	of	ADP
fbem-22394	40	55	green	green	ADJ
fbem-22394	40	56	bonds	bond	NOUN
fbem-22394	40	57	.	.	PUNCT
fbem-22394	41	1	following	follow	VERB
fbem-22394	41	2	the	the	DET
fbem-22394	41	3	approach	approach	NOUN
fbem-22394	41	4	of	of	ADP
fbem-22394	41	5	chen	chen	PROPN
fbem-22394	41	6	guojin	guojin	PROPN
fbem-22394	41	7	et	et	PROPN
fbem-22394	41	8	al	al	PROPN
fbem-22394	41	9	.	.	PROPN
fbem-22394	42	1	(	(	PUNCT
fbem-22394	42	2	2021	2021	NUM
fbem-22394	42	3	)	)	PUNCT
fbem-22394	42	4	,	,	PUNCT
fbem-22394	42	5	the	the	DET
fbem-22394	42	6	model	model	NOUN
fbem-22394	42	7	is	be	AUX
fbem-22394	42	8	set	set	VERB
fbem-22394	42	9	as	as	SCONJ
fbem-22394	42	10	follows	follow	VERB
fbem-22394	42	11	:	:	PUNCT
fbem-22394	42	12	(	(	PUNCT
fbem-22394	42	13	1	1	X
fbem-22394	42	14	)	)	PUNCT
fbem-22394	42	15	among	among	ADP
fbem-22394	42	16	them	they	PRON
fbem-22394	42	17	,	,	PUNCT
fbem-22394	42	18	the	the	DET
fbem-22394	42	19	subscript	subscript	NOUN
fbem-22394	42	20	i	i	PRON
fbem-22394	42	21	represents	represent	VERB
fbem-22394	42	22	the	the	DET
fbem-22394	42	23	bond	bond	NOUN
fbem-22394	42	24	,	,	PUNCT
fbem-22394	42	25	and	and	CCONJ
fbem-22394	42	26	t	t	PROPN
fbem-22394	42	27	represents	represent	VERB
fbem-22394	42	28	the	the	DET
fbem-22394	42	29	period	period	NOUN
fbem-22394	42	30	.	.	PUNCT
fbem-22394	43	1	the	the	DET
fbem-22394	43	2	dependent	dependent	ADJ
fbem-22394	43	3	variable	variable	NOUN
fbem-22394	43	4	cs	cs	PROPN
fbem-22394	43	5	represents	represent	VERB
fbem-22394	43	6	the	the	DET
fbem-22394	43	7	credit	credit	NOUN
fbem-22394	43	8	spread	spread	NOUN
fbem-22394	43	9	of	of	ADP
fbem-22394	43	10	green	green	ADJ
fbem-22394	43	11	bonds	bond	NOUN
fbem-22394	43	12	.	.	PUNCT
fbem-22394	44	1	the	the	DET
fbem-22394	44	2	explanatory	explanatory	ADJ
fbem-22394	44	3	variable	variable	ADJ
fbem-22394	44	4	post	post	NOUN
fbem-22394	44	5	is	be	AUX
fbem-22394	44	6	a	a	DET
fbem-22394	44	7	time	time	NOUN
fbem-22394	44	8	dummy	dummy	ADJ
fbem-22394	44	9	variable	variable	NOUN
fbem-22394	44	10	,	,	PUNCT
fbem-22394	44	11	where	where	SCONJ
fbem-22394	44	12	post=1	post=1	PROPN
fbem-22394	44	13	indicates	indicate	VERB
fbem-22394	44	14	that	that	SCONJ
fbem-22394	44	15	green	green	ADJ
fbem-22394	44	16	bonds	bond	NOUN
fbem-22394	44	17	are	be	AUX
fbem-22394	44	18	included	include	VERB
fbem-22394	44	19	in	in	ADP
fbem-22394	44	20	the	the	DET
fbem-22394	44	21	collateral	collateral	ADJ
fbem-22394	44	22	framework	framework	NOUN
fbem-22394	44	23	after	after	ADP
fbem-22394	44	24	collateral	collateral	ADJ
fbem-22394	44	25	expansion	expansion	NOUN
fbem-22394	44	26	,	,	PUNCT
fbem-22394	44	27	and	and	CCONJ
fbem-22394	44	28	post=0	post=0	PROPN
fbem-22394	44	29	indicates	indicate	VERB
fbem-22394	44	30	the	the	DET
fbem-22394	44	31	period	period	NOUN
fbem-22394	44	32	before	before	ADP
fbem-22394	44	33	collateral	collateral	ADJ
fbem-22394	44	34	expansion	expansion	NOUN
fbem-22394	44	35	.	.	PUNCT
fbem-22394	45	1	treat	treat	NOUN
fbem-22394	45	2	is	be	AUX
fbem-22394	45	3	a	a	DET
fbem-22394	45	4	dummy	dummy	ADJ
fbem-22394	45	5	variable	variable	NOUN
fbem-22394	45	6	in	in	ADP
fbem-22394	45	7	the	the	DET
fbem-22394	45	8	experimental	experimental	ADJ
fbem-22394	45	9	group	group	NOUN
fbem-22394	45	10	,	,	PUNCT
fbem-22394	45	11	where	where	SCONJ
fbem-22394	45	12	treat=1	treat=1	PROPN
fbem-22394	45	13	represents	represent	VERB
fbem-22394	45	14	green	green	ADJ
fbem-22394	45	15	bonds	bond	NOUN
fbem-22394	45	16	and	and	CCONJ
fbem-22394	45	17	treat=0	treat=0	PROPN
fbem-22394	45	18	represents	represent	VERB
fbem-22394	45	19	bonds	bond	NOUN
fbem-22394	45	20	other	other	ADJ
fbem-22394	45	21	than	than	ADP
fbem-22394	45	22	green	green	ADJ
fbem-22394	45	23	bonds	bond	NOUN
fbem-22394	45	24	.	.	PUNCT
fbem-22394	46	1	the	the	DET
fbem-22394	46	2	core	core	ADJ
fbem-22394	46	3	explanatory	explanatory	ADJ
fbem-22394	46	4	variable	variable	NOUN
fbem-22394	46	5	that	that	PRON
fbem-22394	46	6	the	the	DET
fbem-22394	46	7	model	model	NOUN
fbem-22394	46	8	focuses	focus	VERB
fbem-22394	46	9	on	on	ADP
fbem-22394	46	10	is	be	AUX
fbem-22394	46	11	postt	postt	NOUN
fbem-22394	46	12	×	×	PROPN
fbem-22394	46	13	treati	treati	PROPN
fbem-22394	46	14	and	and	CCONJ
fbem-22394	46	15	the	the	DET
fbem-22394	46	16	coefficient	coefficient	NOUN
fbem-22394	46	17	α1	α1	PROPN
fbem-22394	46	18	represents	represent	VERB
fbem-22394	46	19	the	the	DET
fbem-22394	46	20	policy	policy	NOUN
fbem-22394	46	21	impact	impact	NOUN
fbem-22394	46	22	on	on	ADP
fbem-22394	46	23	the	the	DET
fbem-22394	46	24	credit	credit	NOUN
fbem-22394	46	25	spread	spread	NOUN
fbem-22394	46	26	of	of	ADP
fbem-22394	46	27	green	green	ADJ
fbem-22394	46	28	bonds	bond	NOUN
fbem-22394	46	29	after	after	ADP
fbem-22394	46	30	being	be	AUX
fbem-22394	46	31	included	include	VERB
fbem-22394	46	32	in	in	ADP
fbem-22394	46	33	the	the	DET
fbem-22394	46	34	collateral	collateral	ADJ
fbem-22394	46	35	framework	framework	NOUN
fbem-22394	46	36	.	.	PUNCT
fbem-22394	47	1	the	the	DET
fbem-22394	47	2	control	control	PROPN
fbem-22394	47	3	variable	variable	PROPN
fbem-22394	47	4	xit	xit	PROPN
fbem-22394	47	5	mainly	mainly	ADV
fbem-22394	47	6	includes	include	VERB
fbem-22394	47	7	information	information	NOUN
fbem-22394	47	8	on	on	ADP
fbem-22394	47	9	bond	bond	NOUN
fbem-22394	47	10	subjects	subject	NOUN
fbem-22394	47	11	such	such	ADJ
fbem-22394	47	12	as	as	ADP
fbem-22394	47	13	bond	bond	NOUN
fbem-22394	47	14	ratings	rating	NOUN
fbem-22394	47	15	and	and	CCONJ
fbem-22394	47	16	bond	bond	NOUN
fbem-22394	47	17	maturities	maturity	NOUN
fbem-22394	47	18	,	,	PUNCT
fbem-22394	47	19	as	as	ADV
fbem-22394	47	20	well	well	ADV
fbem-22394	47	21	as	as	ADP
fbem-22394	47	22	information	information	NOUN
fbem-22394	47	23	on	on	ADP
fbem-22394	47	24	issuing	issue	VERB
fbem-22394	47	25	companies	company	NOUN
fbem-22394	47	26	such	such	ADJ
fbem-22394	47	27	as	as	ADP
fbem-22394	47	28	financial	financial	ADJ
fbem-22394	47	29	liability	liability	NOUN
fbem-22394	47	30	ratio	ratio	NOUN
fbem-22394	47	31	,	,	PUNCT
fbem-22394	47	32	cash	cash	NOUN
fbem-22394	47	33	flow	flow	NOUN
fbem-22394	47	34	interest	interest	NOUN
fbem-22394	47	35	protection	protection	NOUN
fbem-22394	47	36	coefficient	coefficient	NOUN
fbem-22394	47	37	,	,	PUNCT
fbem-22394	47	38	asset	asset	NOUN
fbem-22394	47	39	liability	liability	NOUN
fbem-22394	47	40	ratio	ratio	NOUN
fbem-22394	47	41	,	,	PUNCT
fbem-22394	47	42	enterprise	enterprise	NOUN
fbem-22394	47	43	size	size	NOUN
fbem-22394	47	44	,	,	PUNCT
fbem-22394	47	45	and	and	CCONJ
fbem-22394	47	46	return	return	VERB
fbem-22394	47	47	on	on	ADP
fbem-22394	47	48	equity	equity	NOUN
fbem-22394	47	49	.	.	PUNCT
fbem-22394	48	1	∑	∑	PROPN
fbem-22394	49	1	𝐹𝑖𝑟𝑚	𝐹𝑖𝑟𝑚	PROPN
fbem-22394	49	2	represents	represent	VERB
fbem-22394	49	3	fixed	fix	VERB
fbem-22394	49	4	effects	effect	NOUN
fbem-22394	49	5	on	on	ADP
fbem-22394	49	6	enterprises	enterprise	NOUN
fbem-22394	49	7	,	,	PUNCT
fbem-22394	49	8	∑	∑	ADP
fbem-22394	49	9	𝑌𝑒𝑎𝑟	𝑌𝑒𝑎𝑟	PROPN
fbem-22394	49	10	represents	represent	VERB
fbem-22394	49	11	fixed	fix	VERB
fbem-22394	49	12	effects	effect	NOUN
fbem-22394	49	13	on	on	ADP
fbem-22394	49	14	time	time	NOUN
fbem-22394	49	15	,	,	PUNCT
fbem-22394	49	16	and	and	CCONJ
fbem-22394	49	17	∑	∑	PUNCT
fbem-22394	49	18	𝐼𝑛𝑑	𝐼𝑛𝑑	PROPN
fbem-22394	49	19	represents	represent	VERB
fbem-22394	49	20	fixed	fix	VERB
fbem-22394	49	21	effects	effect	NOUN
fbem-22394	49	22	on	on	ADP
fbem-22394	49	23	industries	industry	NOUN
fbem-22394	49	24	.	.	PUNCT
fbem-22394	50	1	the	the	DET
fbem-22394	50	2	definition	definition	NOUN
fbem-22394	50	3	and	and	CCONJ
fbem-22394	50	4	calculation	calculation	NOUN
fbem-22394	50	5	method	method	NOUN
fbem-22394	50	6	of	of	ADP
fbem-22394	50	7	model	model	NOUN
fbem-22394	50	8	1	1	NUM
fbem-22394	50	9	variables	variable	NOUN
fbem-22394	50	10	are	be	AUX
fbem-22394	50	11	shown	show	VERB
fbem-22394	50	12	in	in	ADP
fbem-22394	50	13	table	table	NOUN
fbem-22394	50	14	1	1	NUM
fbem-22394	50	15	.	.	X
fbem-22394	50	16	413	413	NUM
fbem-22394	50	17	table	table	NOUN
fbem-22394	50	18	1	1	NUM
fbem-22394	50	19	.	.	PUNCT
fbem-22394	50	20	variable	variable	ADJ
fbem-22394	50	21	definitions	definition	NOUN
fbem-22394	50	22	and	and	CCONJ
fbem-22394	50	23	calculation	calculation	NOUN
fbem-22394	50	24	methods	method	NOUN
fbem-22394	50	25	variable	variable	ADJ
fbem-22394	50	26	symbol	symbol	NOUN
fbem-22394	50	27	variable	variable	ADJ
fbem-22394	50	28	definition	definition	NOUN
fbem-22394	50	29	method	method	NOUN
fbem-22394	50	30	of	of	ADP
fbem-22394	50	31	calculation	calculation	NOUN
fbem-22394	50	32	variable	variable	ADJ
fbem-22394	50	33	properties	property	NOUN
fbem-22394	50	34	cs	cs	PROPN
fbem-22394	50	35	credit	credit	NOUN
fbem-22394	50	36	spread	spread	VERB
fbem-22394	50	37	the	the	DET
fbem-22394	50	38	difference	difference	NOUN
fbem-22394	50	39	between	between	ADP
fbem-22394	50	40	the	the	DET
fbem-22394	50	41	bond	bond	NOUN
fbem-22394	50	42	issuance	issuance	NOUN
fbem-22394	50	43	interest	interest	NOUN
fbem-22394	50	44	rate	rate	NOUN
fbem-22394	50	45	and	and	CCONJ
fbem-22394	50	46	the	the	DET
fbem-22394	50	47	risk	risk	NOUN
fbem-22394	50	48	-	-	PUNCT
fbem-22394	50	49	free	free	ADJ
fbem-22394	50	50	treasury	treasury	NOUN
fbem-22394	50	51	bond	bond	NOUN
fbem-22394	50	52	bond	bond	NOUN
fbem-22394	50	53	interest	interest	NOUN
fbem-22394	50	54	rate	rate	NOUN
fbem-22394	50	55	in	in	ADP
fbem-22394	50	56	the	the	DET
fbem-22394	50	57	same	same	ADJ
fbem-22394	50	58	period	period	NOUN
fbem-22394	50	59	dependent	dependent	ADJ
fbem-22394	50	60	variable	variable	NOUN
fbem-22394	50	61	post×treat	post×treat	ADP
fbem-22394	50	62	the	the	DET
fbem-22394	50	63	effect	effect	NOUN
fbem-22394	50	64	of	of	ADP
fbem-22394	50	65	collateral	collateral	ADJ
fbem-22394	50	66	expansion	expansion	NOUN
fbem-22394	50	67	policy	policy	NOUN
fbem-22394	50	68	the	the	DET
fbem-22394	50	69	cross	cross	NOUN
fbem-22394	50	70	term	term	NOUN
fbem-22394	50	71	between	between	ADP
fbem-22394	50	72	time	time	NOUN
fbem-22394	50	73	dummy	dummy	ADJ
fbem-22394	50	74	variables	variable	NOUN
fbem-22394	50	75	and	and	CCONJ
fbem-22394	50	76	individual	individual	ADJ
fbem-22394	50	77	dummy	dummy	ADJ
fbem-22394	50	78	variables	variable	NOUN
fbem-22394	50	79	core	core	NOUN
fbem-22394	50	80	explanatory	explanatory	ADJ
fbem-22394	50	81	variables	variable	NOUN
fbem-22394	50	82	term	term	NOUN
fbem-22394	50	83	maturity	maturity	NOUN
fbem-22394	50	84	period	period	NOUN
fbem-22394	50	85	—	—	PUNCT
fbem-22394	50	86	control	control	NOUN
fbem-22394	50	87	variables	variable	NOUN
fbem-22394	50	88	for	for	ADP
fbem-22394	50	89	bond	bond	NOUN
fbem-22394	50	90	subject	subject	NOUN
fbem-22394	50	91	attributes	attribute	VERB
fbem-22394	50	92	cd	cd	PROPN
fbem-22394	50	93	credit	credit	NOUN
fbem-22394	50	94	rating	rating	NOUN
fbem-22394	50	95	take	take	VERB
fbem-22394	50	96	the	the	DET
fbem-22394	50	97	values	value	NOUN
fbem-22394	50	98	of	of	ADP
fbem-22394	50	99	aaa	aaa	NOUN
fbem-22394	50	100	,	,	PUNCT
fbem-22394	50	101	aa+	aa+	NOUN
fbem-22394	50	102	,	,	PUNCT
fbem-22394	50	103	aa	aa	NOUN
fbem-22394	50	104	-	-	PUNCT
fbem-22394	50	105	,	,	PUNCT
fbem-22394	50	106	a+in	a+in	NOUN
fbem-22394	50	107	the	the	DET
fbem-22394	50	108	order	order	NOUN
fbem-22394	50	109	of	of	ADP
fbem-22394	50	110	5	5	NUM
fbem-22394	50	111	-	-	SYM
fbem-22394	50	112	1	1	NUM
fbem-22394	50	113	,	,	PUNCT
fbem-22394	50	114	and	and	CCONJ
fbem-22394	50	115	take	take	VERB
fbem-22394	50	116	0	0	NUM
fbem-22394	50	117	for	for	ADP
fbem-22394	50	118	a	a	PRON
fbem-22394	50	119	and	and	CCONJ
fbem-22394	50	120	below	below	ADV
fbem-22394	50	121	.	.	PUNCT
fbem-22394	51	1	fdr	fdr	PROPN
fbem-22394	51	2	financial	financial	ADJ
fbem-22394	51	3	debt	debt	NOUN
fbem-22394	51	4	ratio	ratio	NOUN
fbem-22394	51	5	financial	financial	ADJ
fbem-22394	51	6	liabilities	liability	NOUN
fbem-22394	51	7	/	/	SYM
fbem-22394	51	8	total	total	ADJ
fbem-22394	51	9	assets	asset	NOUN
fbem-22394	51	10	control	control	NOUN
fbem-22394	51	11	variables	variable	NOUN
fbem-22394	51	12	for	for	ADP
fbem-22394	51	13	corporate	corporate	ADJ
fbem-22394	51	14	financial	financial	ADJ
fbem-22394	51	15	indicators	indicator	NOUN
fbem-22394	51	16	cir	cir	VERB
fbem-22394	51	17	cash	cash	NOUN
fbem-22394	51	18	flow	flow	NOUN
fbem-22394	51	19	interest	interest	NOUN
fbem-22394	51	20	protection	protection	NOUN
fbem-22394	51	21	factor	factor	NOUN
fbem-22394	51	22	net	net	ADJ
fbem-22394	51	23	cash	cash	NOUN
fbem-22394	51	24	flow	flow	NOUN
fbem-22394	51	25	generated	generate	VERB
fbem-22394	51	26	from	from	ADP
fbem-22394	51	27	operating	operate	VERB
fbem-22394	51	28	activities	activity	NOUN
fbem-22394	51	29	/	/	SYM
fbem-22394	51	30	interest	interest	NOUN
fbem-22394	51	31	payable	payable	ADJ
fbem-22394	51	32	by	by	ADP
fbem-22394	51	33	the	the	DET
fbem-22394	51	34	enterprise	enterprise	NOUN
fbem-22394	51	35	alr	alr	PROPN
fbem-22394	51	36	asset	asset	NOUN
fbem-22394	51	37	liability	liability	NOUN
fbem-22394	51	38	ratio	ratio	NOUN
fbem-22394	51	39	total	total	ADJ
fbem-22394	51	40	liabilities	liability	NOUN
fbem-22394	51	41	/	/	SYM
fbem-22394	51	42	total	total	ADJ
fbem-22394	51	43	assets	asset	NOUN
fbem-22394	51	44	lnc	lnc	PROPN
fbem-22394	51	45	enterprise	enterprise	NOUN
fbem-22394	51	46	scale	scale	NOUN
fbem-22394	51	47	the	the	DET
fbem-22394	51	48	logarithmic	logarithmic	ADJ
fbem-22394	51	49	value	value	NOUN
fbem-22394	51	50	of	of	ADP
fbem-22394	51	51	total	total	ADJ
fbem-22394	51	52	assets	asset	NOUN
fbem-22394	51	53	of	of	ADP
fbem-22394	51	54	a	a	DET
fbem-22394	51	55	company	company	NOUN
fbem-22394	51	56	roe	roe	NOUN
fbem-22394	51	57	return	return	NOUN
fbem-22394	51	58	on	on	ADP
fbem-22394	51	59	equity	equity	NOUN
fbem-22394	51	60	net	net	ADJ
fbem-22394	51	61	profit	profit	NOUN
fbem-22394	51	62	/	/	SYM
fbem-22394	51	63	average	average	ADJ
fbem-22394	51	64	shareholder	shareholder	NOUN
fbem-22394	51	65	equity	equity	NOUN
fbem-22394	51	66	3.2.2	3.2.2	NUM
fbem-22394	51	67	.	.	PUNCT
fbem-22394	52	1	the	the	DET
fbem-22394	52	2	relationship	relationship	NOUN
fbem-22394	52	3	between	between	ADP
fbem-22394	52	4	collateral	collateral	ADJ
fbem-22394	52	5	expansion	expansion	NOUN
fbem-22394	52	6	policy	policy	NOUN
fbem-22394	52	7	and	and	CCONJ
fbem-22394	52	8	green	green	ADJ
fbem-22394	52	9	innovation	innovation	NOUN
fbem-22394	52	10	of	of	ADP
fbem-22394	52	11	bond	bond	NOUN
fbem-22394	52	12	issuing	issue	VERB
fbem-22394	52	13	enterprises	enterprise	NOUN
fbem-22394	52	14	secondly	secondly	ADV
fbem-22394	52	15	,	,	PUNCT
fbem-22394	52	16	based	base	VERB
fbem-22394	52	17	on	on	ADP
fbem-22394	52	18	the	the	DET
fbem-22394	52	19	policy	policy	NOUN
fbem-22394	52	20	of	of	ADP
fbem-22394	52	21	collateral	collateral	ADJ
fbem-22394	52	22	expansion	expansion	NOUN
fbem-22394	52	23	,	,	PUNCT
fbem-22394	52	24	a	a	DET
fbem-22394	52	25	multi	multi	ADJ
fbem-22394	52	26	period	period	NOUN
fbem-22394	52	27	double	double	ADJ
fbem-22394	52	28	difference	difference	NOUN
fbem-22394	52	29	model	model	NOUN
fbem-22394	52	30	is	be	AUX
fbem-22394	52	31	used	use	VERB
fbem-22394	52	32	to	to	PART
fbem-22394	52	33	test	test	VERB
fbem-22394	52	34	the	the	DET
fbem-22394	52	35	impact	impact	NOUN
fbem-22394	52	36	of	of	ADP
fbem-22394	52	37	collateral	collateral	ADJ
fbem-22394	52	38	expansion	expansion	NOUN
fbem-22394	52	39	policy	policy	NOUN
fbem-22394	52	40	on	on	ADP
fbem-22394	52	41	corporate	corporate	ADJ
fbem-22394	52	42	green	green	ADJ
fbem-22394	52	43	innovation	innovation	NOUN
fbem-22394	52	44	.	.	PUNCT
fbem-22394	53	1	referring	refer	VERB
fbem-22394	53	2	to	to	ADP
fbem-22394	53	3	the	the	DET
fbem-22394	53	4	approach	approach	NOUN
fbem-22394	53	5	of	of	ADP
fbem-22394	53	6	wang	wang	PROPN
fbem-22394	53	7	ying	ying	PROPN
fbem-22394	53	8	and	and	CCONJ
fbem-22394	53	9	feng	feng	PROPN
fbem-22394	53	10	jiahao	jiahao	PROPN
fbem-22394	53	11	(	(	PUNCT
fbem-22394	53	12	2022	2022	NUM
fbem-22394	53	13	)	)	PUNCT
fbem-22394	53	14	on	on	ADP
fbem-22394	53	15	policy	policy	NOUN
fbem-22394	53	16	effects	effect	NOUN
fbem-22394	53	17	,	,	PUNCT
fbem-22394	53	18	the	the	DET
fbem-22394	53	19	model	model	NOUN
fbem-22394	53	20	is	be	AUX
fbem-22394	53	21	set	set	VERB
fbem-22394	53	22	as	as	SCONJ
fbem-22394	53	23	follows	follow	VERB
fbem-22394	53	24	:	:	PUNCT
fbem-22394	53	25	(	(	PUNCT
fbem-22394	53	26	2	2	X
fbem-22394	53	27	)	)	PUNCT
fbem-22394	53	28	among	among	ADP
fbem-22394	53	29	them	they	PRON
fbem-22394	53	30	,	,	PUNCT
fbem-22394	53	31	the	the	DET
fbem-22394	53	32	subscript	subscript	NOUN
fbem-22394	53	33	i	i	PRON
fbem-22394	53	34	represents	represent	VERB
fbem-22394	53	35	the	the	DET
fbem-22394	53	36	enterprise	enterprise	NOUN
fbem-22394	53	37	,	,	PUNCT
fbem-22394	53	38	and	and	CCONJ
fbem-22394	53	39	t	t	PROPN
fbem-22394	53	40	represents	represent	VERB
fbem-22394	53	41	the	the	DET
fbem-22394	53	42	period	period	NOUN
fbem-22394	53	43	.	.	PUNCT
fbem-22394	54	1	the	the	DET
fbem-22394	54	2	dependent	dependent	ADJ
fbem-22394	54	3	variable	variable	NOUN
fbem-22394	54	4	in	in	ADP
fbem-22394	54	5	represents	represent	VERB
fbem-22394	54	6	the	the	DET
fbem-22394	54	7	green	green	PROPN
fbem-22394	54	8	technology	technology	NOUN
fbem-22394	54	9	innovation	innovation	NOUN
fbem-22394	54	10	of	of	ADP
fbem-22394	54	11	the	the	DET
fbem-22394	54	12	enterprise	enterprise	NOUN
fbem-22394	54	13	,	,	PUNCT
fbem-22394	54	14	which	which	PRON
fbem-22394	54	15	includes	include	VERB
fbem-22394	54	16	invention	invention	NOUN
fbem-22394	54	17	patents	patent	NOUN
fbem-22394	54	18	,	,	PUNCT
fbem-22394	54	19	utility	utility	NOUN
fbem-22394	54	20	patents	patent	NOUN
fbem-22394	54	21	,	,	PUNCT
fbem-22394	54	22	and	and	CCONJ
fbem-22394	54	23	design	design	NOUN
fbem-22394	54	24	patents	patent	NOUN
fbem-22394	54	25	.	.	PUNCT
fbem-22394	55	1	among	among	ADP
fbem-22394	55	2	them	they	PRON
fbem-22394	55	3	,	,	PUNCT
fbem-22394	55	4	invention	invention	NOUN
fbem-22394	55	5	patents	patent	NOUN
fbem-22394	55	6	are	be	AUX
fbem-22394	55	7	the	the	DET
fbem-22394	55	8	most	most	ADV
fbem-22394	55	9	difficult	difficult	ADJ
fbem-22394	55	10	and	and	CCONJ
fbem-22394	55	11	time	time	NOUN
fbem-22394	55	12	-	-	PUNCT
fbem-22394	55	13	consuming	consume	VERB
fbem-22394	55	14	,	,	PUNCT
fbem-22394	55	15	while	while	SCONJ
fbem-22394	55	16	design	design	NOUN
fbem-22394	55	17	patents	patent	NOUN
fbem-22394	55	18	have	have	VERB
fbem-22394	55	19	a	a	DET
fbem-22394	55	20	lower	low	ADJ
fbem-22394	55	21	technical	technical	ADJ
fbem-22394	55	22	content	content	NOUN
fbem-22394	55	23	.	.	PUNCT
fbem-22394	56	1	therefore	therefore	ADV
fbem-22394	56	2	,	,	PUNCT
fbem-22394	56	3	enterprise	enterprise	NOUN
fbem-22394	56	4	technology	technology	NOUN
fbem-22394	56	5	innovation	innovation	NOUN
fbem-22394	56	6	is	be	AUX
fbem-22394	56	7	mainly	mainly	ADV
fbem-22394	56	8	reflected	reflect	VERB
fbem-22394	56	9	in	in	ADP
fbem-22394	56	10	invention	invention	NOUN
fbem-22394	56	11	patents	patent	NOUN
fbem-22394	56	12	and	and	CCONJ
fbem-22394	56	13	utility	utility	NOUN
fbem-22394	56	14	patents	patent	NOUN
fbem-22394	56	15	,	,	PUNCT
fbem-22394	56	16	and	and	CCONJ
fbem-22394	56	17	is	be	AUX
fbem-22394	56	18	further	far	ADV
fbem-22394	56	19	divided	divide	VERB
fbem-22394	56	20	into	into	ADP
fbem-22394	56	21	application	application	NOUN
fbem-22394	56	22	and	and	CCONJ
fbem-22394	56	23	authorization	authorization	NOUN
fbem-22394	56	24	parts	part	NOUN
fbem-22394	56	25	.	.	PUNCT
fbem-22394	57	1	however	however	ADV
fbem-22394	57	2	,	,	PUNCT
fbem-22394	57	3	authorization	authorization	NOUN
fbem-22394	57	4	usually	usually	ADV
fbem-22394	57	5	takes	take	VERB
fbem-22394	57	6	1	1	NUM
fbem-22394	57	7	-	-	SYM
fbem-22394	57	8	2	2	NUM
fbem-22394	57	9	years	year	NOUN
fbem-22394	57	10	,	,	PUNCT
fbem-22394	57	11	which	which	PRON
fbem-22394	57	12	can	can	AUX
fbem-22394	57	13	not	not	PART
fbem-22394	57	14	effectively	effectively	ADV
fbem-22394	57	15	match	match	VERB
fbem-22394	57	16	policy	policy	NOUN
fbem-22394	57	17	effects	effect	NOUN
fbem-22394	57	18	.	.	PUNCT
fbem-22394	58	1	the	the	DET
fbem-22394	58	2	use	use	NOUN
fbem-22394	58	3	of	of	ADP
fbem-22394	58	4	patent	patent	NOUN
fbem-22394	58	5	applications	application	NOUN
fbem-22394	58	6	can	can	AUX
fbem-22394	58	7	better	well	ADV
fbem-22394	58	8	reflect	reflect	VERB
fbem-22394	58	9	the	the	DET
fbem-22394	58	10	timeliness	timeliness	NOUN
fbem-22394	58	11	of	of	ADP
fbem-22394	58	12	policies	policy	NOUN
fbem-22394	58	13	.	.	PUNCT
fbem-22394	59	1	this	this	DET
fbem-22394	59	2	article	article	NOUN
fbem-22394	59	3	uses	use	VERB
fbem-22394	59	4	the	the	DET
fbem-22394	59	5	number	number	NOUN
fbem-22394	59	6	of	of	ADP
fbem-22394	59	7	green	green	ADJ
fbem-22394	59	8	invention	invention	NOUN
fbem-22394	59	9	patent	patent	NOUN
fbem-22394	59	10	applications	application	NOUN
fbem-22394	59	11	and	and	CCONJ
fbem-22394	59	12	green	green	ADJ
fbem-22394	59	13	utility	utility	NOUN
fbem-22394	59	14	patent	patent	NOUN
fbem-22394	59	15	applications	application	NOUN
fbem-22394	59	16	to	to	PART
fbem-22394	59	17	reflect	reflect	VERB
fbem-22394	59	18	the	the	DET
fbem-22394	59	19	green	green	ADJ
fbem-22394	59	20	innovation	innovation	NOUN
fbem-22394	59	21	of	of	ADP
fbem-22394	59	22	enterprises	enterprise	NOUN
fbem-22394	59	23	,	,	PUNCT
fbem-22394	59	24	and	and	CCONJ
fbem-22394	59	25	uses	use	VERB
fbem-22394	59	26	ln	ln	NOUN
fbem-22394	59	27	(	(	PUNCT
fbem-22394	59	28	number	number	NOUN
fbem-22394	59	29	of	of	ADP
fbem-22394	59	30	green	green	PROPN
fbem-22394	59	31	patent	patent	PROPN
fbem-22394	59	32	applications+1	applications+1	PROPN
fbem-22394	59	33	)	)	PUNCT
fbem-22394	59	34	to	to	PART
fbem-22394	59	35	measure	measure	VERB
fbem-22394	59	36	the	the	DET
fbem-22394	59	37	green	green	ADJ
fbem-22394	59	38	innovation	innovation	NOUN
fbem-22394	59	39	output	output	NOUN
fbem-22394	59	40	of	of	ADP
fbem-22394	59	41	enterprises	enterprise	NOUN
fbem-22394	59	42	.	.	PUNCT
fbem-22394	60	1	green	green	ADJ
fbem-22394	60	2	invention	invention	PROPN
fbem-22394	60	3	patent	patent	NOUN
fbem-22394	60	4	innovation	innovation	NOUN
fbem-22394	60	5	represents	represent	VERB
fbem-22394	60	6	the	the	DET
fbem-22394	60	7	quality	quality	NOUN
fbem-22394	60	8	of	of	ADP
fbem-22394	60	9	green	green	ADJ
fbem-22394	60	10	innovation	innovation	NOUN
fbem-22394	60	11	,	,	PUNCT
fbem-22394	60	12	and	and	CCONJ
fbem-22394	60	13	green	green	ADJ
fbem-22394	60	14	utility	utility	NOUN
fbem-22394	60	15	patent	patent	NOUN
fbem-22394	60	16	innovation	innovation	NOUN
fbem-22394	60	17	represents	represent	VERB
fbem-22394	60	18	the	the	DET
fbem-22394	60	19	quantity	quantity	NOUN
fbem-22394	60	20	of	of	ADP
fbem-22394	60	21	green	green	ADJ
fbem-22394	60	22	innovation	innovation	NOUN
fbem-22394	60	23	.	.	PUNCT
fbem-22394	61	1	the	the	DET
fbem-22394	61	2	main	main	ADJ
fbem-22394	61	3	reason	reason	NOUN
fbem-22394	61	4	is	be	AUX
fbem-22394	61	5	that	that	PRON
fbem-22394	61	6	green	green	ADJ
fbem-22394	61	7	invention	invention	NOUN
fbem-22394	61	8	patents	patent	NOUN
fbem-22394	61	9	have	have	VERB
fbem-22394	61	10	high	high	ADJ
fbem-22394	61	11	technological	technological	ADJ
fbem-22394	61	12	content	content	NOUN
fbem-22394	61	13	,	,	PUNCT
fbem-22394	61	14	emphasizing	emphasize	VERB
fbem-22394	61	15	the	the	DET
fbem-22394	61	16	innovation	innovation	NOUN
fbem-22394	61	17	and	and	CCONJ
fbem-22394	61	18	breakthrough	breakthrough	NOUN
fbem-22394	61	19	of	of	ADP
fbem-22394	61	20	patent	patent	NOUN
fbem-22394	61	21	technology	technology	NOUN
fbem-22394	61	22	,	,	PUNCT
fbem-22394	61	23	and	and	CCONJ
fbem-22394	61	24	reflecting	reflect	VERB
fbem-22394	61	25	the	the	DET
fbem-22394	61	26	quality	quality	NOUN
fbem-22394	61	27	output	output	NOUN
fbem-22394	61	28	of	of	ADP
fbem-22394	61	29	enterprises	enterprise	NOUN
fbem-22394	61	30	in	in	ADP
fbem-22394	61	31	green	green	ADJ
fbem-22394	61	32	innovation	innovation	NOUN
fbem-22394	61	33	;	;	PUNCT
fbem-22394	61	34	however	however	ADV
fbem-22394	61	35	,	,	PUNCT
fbem-22394	61	36	utility	utility	NOUN
fbem-22394	61	37	patents	patent	NOUN
fbem-22394	61	38	are	be	AUX
fbem-22394	61	39	at	at	ADP
fbem-22394	61	40	a	a	DET
fbem-22394	61	41	lower	low	ADJ
fbem-22394	61	42	level	level	NOUN
fbem-22394	61	43	in	in	ADP
fbem-22394	61	44	terms	term	NOUN
fbem-22394	61	45	of	of	ADP
fbem-22394	61	46	technological	technological	ADJ
fbem-22394	61	47	breakthroughs	breakthrough	NOUN
fbem-22394	61	48	and	and	CCONJ
fbem-22394	61	49	originality	originality	NOUN
fbem-22394	61	50	,	,	PUNCT
fbem-22394	61	51	and	and	CCONJ
fbem-22394	61	52	place	place	VERB
fbem-22394	61	53	more	more	ADJ
fbem-22394	61	54	emphasis	emphasis	NOUN
fbem-22394	61	55	on	on	ADP
fbem-22394	61	56	the	the	DET
fbem-22394	61	57	practicality	practicality	NOUN
fbem-22394	61	58	of	of	ADP
fbem-22394	61	59	patented	patented	ADJ
fbem-22394	61	60	technology	technology	NOUN
fbem-22394	61	61	,	,	PUNCT
fbem-22394	61	62	thus	thus	ADV
fbem-22394	61	63	reflecting	reflect	VERB
fbem-22394	61	64	the	the	DET
fbem-22394	61	65	quantity	quantity	NOUN
fbem-22394	61	66	output	output	NOUN
fbem-22394	61	67	of	of	ADP
fbem-22394	61	68	enterprises	enterprise	NOUN
fbem-22394	61	69	in	in	ADP
fbem-22394	61	70	green	green	ADJ
fbem-22394	61	71	innovation	innovation	NOUN
fbem-22394	61	72	.	.	PUNCT
fbem-22394	62	1	the	the	DET
fbem-22394	62	2	above	above	ADJ
fbem-22394	62	3	variables	variable	NOUN
fbem-22394	62	4	are	be	AUX
fbem-22394	62	5	ingriit	ingriit	NOUN
fbem-22394	62	6	and	and	CCONJ
fbem-22394	62	7	ingriit	ingriit	NOUN
fbem-22394	62	8	,	,	PUNCT
fbem-22394	62	9	respectively	respectively	ADV
fbem-22394	62	10	.	.	PUNCT
fbem-22394	63	1	the	the	DET
fbem-22394	63	2	definition	definition	NOUN
fbem-22394	63	3	of	of	ADP
fbem-22394	63	4	the	the	DET
fbem-22394	63	5	explanatory	explanatory	ADJ
fbem-22394	63	6	variable	variable	ADJ
fbem-22394	63	7	treat	treat	NOUN
fbem-22394	63	8	is	be	AUX
fbem-22394	63	9	the	the	DET
fbem-22394	63	10	same	same	ADJ
fbem-22394	63	11	as	as	ADP
fbem-22394	63	12	model	model	NOUN
fbem-22394	63	13	1	1	NUM
fbem-22394	63	14	,	,	PUNCT
fbem-22394	63	15	where	where	SCONJ
fbem-22394	63	16	afterit=1	afterit=1	PROPN
fbem-22394	63	17	indicates	indicate	VERB
fbem-22394	63	18	that	that	SCONJ
fbem-22394	63	19	enterprises	enterprise	NOUN
fbem-22394	63	20	issue	issue	VERB
fbem-22394	63	21	green	green	ADJ
fbem-22394	63	22	bonds	bond	NOUN
fbem-22394	63	23	after	after	ADP
fbem-22394	63	24	the	the	DET
fbem-22394	63	25	expansion	expansion	NOUN
fbem-22394	63	26	policy	policy	NOUN
fbem-22394	63	27	,	,	PUNCT
fbem-22394	63	28	and	and	CCONJ
fbem-22394	63	29	afterit=0	afterit=0	PRON
fbem-22394	63	30	indicates	indicate	VERB
fbem-22394	63	31	that	that	SCONJ
fbem-22394	63	32	enterprises	enterprise	NOUN
fbem-22394	63	33	have	have	AUX
fbem-22394	63	34	not	not	PART
fbem-22394	63	35	issued	issue	VERB
fbem-22394	63	36	green	green	ADJ
fbem-22394	63	37	bonds	bond	NOUN
fbem-22394	63	38	.	.	PUNCT
fbem-22394	64	1	𝐴𝑓𝑡𝑒𝑟𝑖𝑡	𝐴𝑓𝑡𝑒𝑟𝑖𝑡	PROPN
fbem-22394	64	2	×	×	PROPN
fbem-22394	64	3	𝑇𝑟𝑒𝑎𝑡𝑖𝑡	𝑇𝑟𝑒𝑎𝑡𝑖𝑡	PROPN
fbem-22394	64	4	is	be	AUX
fbem-22394	64	5	the	the	DET
fbem-22394	64	6	core	core	ADJ
fbem-22394	64	7	explanatory	explanatory	ADJ
fbem-22394	64	8	variable	variable	NOUN
fbem-22394	64	9	of	of	ADP
fbem-22394	64	10	this	this	DET
fbem-22394	64	11	article	article	NOUN
fbem-22394	64	12	.	.	PUNCT
fbem-22394	65	1	the	the	DET
fbem-22394	65	2	control	control	NOUN
fbem-22394	65	3	variables	variable	VERB
fbem-22394	65	4	xit	xit	PROPN
fbem-22394	65	5	mainly	mainly	ADV
fbem-22394	65	6	include	include	VERB
fbem-22394	65	7	current	current	ADJ
fbem-22394	65	8	ratio	ratio	NOUN
fbem-22394	65	9	,	,	PUNCT
fbem-22394	65	10	r&d	r&d	NOUN
fbem-22394	65	11	expense	expense	NOUN
fbem-22394	65	12	ratio	ratio	NOUN
fbem-22394	65	13	,	,	PUNCT
fbem-22394	65	14	r&d	r&d	NOUN
fbem-22394	65	15	expenditure	expenditure	NOUN
fbem-22394	65	16	,	,	PUNCT
fbem-22394	65	17	capital	capital	NOUN
fbem-22394	65	18	intensity	intensity	NOUN
fbem-22394	65	19	,	,	PUNCT
fbem-22394	65	20	number	number	NOUN
fbem-22394	65	21	of	of	ADP
fbem-22394	65	22	employees	employee	NOUN
fbem-22394	65	23	,	,	PUNCT
fbem-22394	65	24	and	and	CCONJ
fbem-22394	65	25	enterprise	enterprise	NOUN
fbem-22394	65	26	size	size	NOUN
fbem-22394	65	27	.	.	PUNCT
fbem-22394	66	1	∑	∑	PROPN
fbem-22394	66	2	firm	firm	NOUN
fbem-22394	66	3	represents	represent	VERB
fbem-22394	66	4	fixed	fix	VERB
fbem-22394	66	5	effects	effect	NOUN
fbem-22394	66	6	on	on	ADP
fbem-22394	66	7	enterprises	enterprise	NOUN
fbem-22394	66	8	,	,	PUNCT
fbem-22394	66	9	∑	∑	ADP
fbem-22394	66	10	year	year	NOUN
fbem-22394	66	11	represents	represent	VERB
fbem-22394	66	12	fixed	fix	VERB
fbem-22394	66	13	effects	effect	NOUN
fbem-22394	66	14	on	on	ADP
fbem-22394	66	15	time	time	NOUN
fbem-22394	66	16	,	,	PUNCT
fbem-22394	66	17	and	and	CCONJ
fbem-22394	66	18	∑	∑	ADV
fbem-22394	66	19	ind	ind	NOUN
fbem-22394	66	20	represents	represent	VERB
fbem-22394	66	21	fixed	fix	VERB
fbem-22394	66	22	effects	effect	NOUN
fbem-22394	66	23	on	on	ADP
fbem-22394	66	24	industries	industry	NOUN
fbem-22394	66	25	.	.	PUNCT
fbem-22394	67	1	the	the	DET
fbem-22394	67	2	definition	definition	NOUN
fbem-22394	67	3	and	and	CCONJ
fbem-22394	67	4	calculation	calculation	NOUN
fbem-22394	67	5	method	method	NOUN
fbem-22394	67	6	of	of	ADP
fbem-22394	67	7	model	model	NOUN
fbem-22394	67	8	2	2	NUM
fbem-22394	67	9	variables	variable	NOUN
fbem-22394	67	10	are	be	AUX
fbem-22394	67	11	shown	show	VERB
fbem-22394	67	12	in	in	ADP
fbem-22394	67	13	table	table	NOUN
fbem-22394	67	14	2	2	NUM
fbem-22394	67	15	.	.	PUNCT
fbem-22394	67	16	table	table	NOUN
fbem-22394	67	17	2	2	NUM
fbem-22394	67	18	.	.	PUNCT
fbem-22394	67	19	variable	variable	ADJ
fbem-22394	67	20	definitions	definition	NOUN
fbem-22394	67	21	and	and	CCONJ
fbem-22394	67	22	calculation	calculation	NOUN
fbem-22394	67	23	methods	method	NOUN
fbem-22394	67	24	variable	variable	ADJ
fbem-22394	67	25	symbol	symbol	NOUN
fbem-22394	67	26	variable	variable	ADJ
fbem-22394	67	27	definition	definition	NOUN
fbem-22394	67	28	method	method	NOUN
fbem-22394	67	29	of	of	ADP
fbem-22394	67	30	calculation	calculation	NOUN
fbem-22394	67	31	variable	variable	ADJ
fbem-22394	67	32	properties	property	NOUN
fbem-22394	67	33	ingri	ingri	VERB
fbem-22394	67	34	green	green	ADJ
fbem-22394	67	35	patent	patent	NOUN
fbem-22394	67	36	innovation	innovation	NOUN
fbem-22394	68	1	ln	ln	ADJ
fbem-22394	68	2	(	(	PUNCT
fbem-22394	68	3	number	number	NOUN
fbem-22394	68	4	of	of	ADP
fbem-22394	68	5	green	green	ADJ
fbem-22394	68	6	invention	invention	PROPN
fbem-22394	68	7	patent	patent	PROPN
fbem-22394	68	8	applications+1	applications+1	PROPN
fbem-22394	68	9	)	)	PUNCT
fbem-22394	68	10	dependent	dependent	ADJ
fbem-22394	68	11	variable	variable	ADJ
fbem-22394	68	12	inguo	inguo	NOUN
fbem-22394	68	13	green	green	ADJ
fbem-22394	68	14	,	,	PUNCT
fbem-22394	68	15	practical	practical	ADJ
fbem-22394	68	16	and	and	CCONJ
fbem-22394	68	17	innovative	innovative	ADJ
fbem-22394	68	18	ln	ln	ADJ
fbem-22394	68	19	(	(	PUNCT
fbem-22394	68	20	number	number	NOUN
fbem-22394	68	21	of	of	ADP
fbem-22394	68	22	green	green	ADJ
fbem-22394	68	23	utility	utility	NOUN
fbem-22394	68	24	patent	patent	NOUN
fbem-22394	68	25	applications+1	applications+1	PROPN
fbem-22394	68	26	)	)	PUNCT
fbem-22394	68	27	after×treat	after×treat	VERB
fbem-22394	68	28	the	the	DET
fbem-22394	68	29	effect	effect	NOUN
fbem-22394	68	30	of	of	ADP
fbem-22394	68	31	collateral	collateral	ADJ
fbem-22394	68	32	expansion	expansion	NOUN
fbem-22394	68	33	policy	policy	NOUN
fbem-22394	68	34	—	—	PUNCT
fbem-22394	68	35	core	core	NOUN
fbem-22394	68	36	explanatory	explanatory	ADJ
fbem-22394	68	37	variables	variable	NOUN
fbem-22394	68	38	lr	lr	AUX
fbem-22394	68	39	current	current	ADJ
fbem-22394	68	40	ratio	ratio	NOUN
fbem-22394	68	41	current	current	ADJ
fbem-22394	68	42	assets	asset	NOUN
fbem-22394	68	43	/	/	SYM
fbem-22394	68	44	current	current	ADJ
fbem-22394	68	45	liabilities	liability	NOUN
fbem-22394	68	46	control	control	VERB
fbem-22394	68	47	variable	variable	PROPN
fbem-22394	68	48	rd	rd	PROPN
fbem-22394	68	49	r&d	r&d	NOUN
fbem-22394	68	50	expense	expense	NOUN
fbem-22394	68	51	rate	rate	NOUN
fbem-22394	68	52	r&d	r&d	NOUN
fbem-22394	68	53	expenses	expense	NOUN
fbem-22394	68	54	/	/	SYM
fbem-22394	68	55	operating	operate	VERB
fbem-22394	68	56	income	income	NOUN
fbem-22394	68	57	re	re	ADP
fbem-22394	68	58	r&d	r&d	NOUN
fbem-22394	68	59	expenses	expense	NOUN
fbem-22394	68	60	—	—	PUNCT
fbem-22394	68	61	ci	ci	NOUN
fbem-22394	68	62	capital	capital	NOUN
fbem-22394	68	63	factor	factor	NOUN
fbem-22394	68	64	investment	investment	NOUN
fbem-22394	68	65	cash	cash	NOUN
fbem-22394	68	66	/	/	SYM
fbem-22394	68	67	total	total	ADJ
fbem-22394	68	68	assets	asset	NOUN
fbem-22394	68	69	paid	pay	VERB
fbem-22394	68	70	for	for	ADP
fbem-22394	68	71	fixed	fix	VERB
fbem-22394	68	72	assets	asset	NOUN
fbem-22394	68	73	,	,	PUNCT
fbem-22394	68	74	intangible	intangible	ADJ
fbem-22394	68	75	assets	asset	NOUN
fbem-22394	68	76	,	,	PUNCT
fbem-22394	68	77	and	and	CCONJ
fbem-22394	68	78	other	other	ADJ
fbem-22394	68	79	long	long	ADJ
fbem-22394	68	80	-	-	PUNCT
fbem-22394	68	81	term	term	NOUN
fbem-22394	68	82	assets	asset	NOUN
fbem-22394	68	83	ne	ne	NOUN
fbem-22394	68	84	number	number	NOUN
fbem-22394	68	85	of	of	ADP
fbem-22394	68	86	employees	employee	NOUN
fbem-22394	68	87	ln	ln	ADJ
fbem-22394	68	88	(	(	PUNCT
fbem-22394	68	89	number	number	NOUN
fbem-22394	68	90	of	of	ADP
fbem-22394	68	91	employees+1	employees+1	PROPN
fbem-22394	68	92	)	)	PUNCT
fbem-22394	68	93	lnc	lnc	PROPN
fbem-22394	68	94	enterprise	enterprise	NOUN
fbem-22394	68	95	scale	scale	NOUN
fbem-22394	68	96	the	the	DET
fbem-22394	68	97	logarithmic	logarithmic	ADJ
fbem-22394	68	98	value	value	NOUN
fbem-22394	68	99	of	of	ADP
fbem-22394	68	100	total	total	ADJ
fbem-22394	68	101	assets	asset	NOUN
fbem-22394	68	102	of	of	ADP
fbem-22394	68	103	a	a	DET
fbem-22394	68	104	company	company	NOUN
fbem-22394	68	105	414	414	NUM
fbem-22394	68	106	3.3	3.3	NUM
fbem-22394	68	107	.	.	PUNCT
fbem-22394	69	1	mechanism	mechanism	NOUN
fbem-22394	69	2	analysis	analysis	NOUN
fbem-22394	69	3	to	to	PART
fbem-22394	69	4	further	far	ADV
fbem-22394	69	5	analyze	analyze	VERB
fbem-22394	69	6	whether	whether	SCONJ
fbem-22394	69	7	the	the	DET
fbem-22394	69	8	policy	policy	NOUN
fbem-22394	69	9	of	of	ADP
fbem-22394	69	10	expanding	expand	VERB
fbem-22394	69	11	collateral	collateral	ADJ
fbem-22394	69	12	capacity	capacity	NOUN
fbem-22394	69	13	will	will	AUX
fbem-22394	69	14	affect	affect	VERB
fbem-22394	69	15	corporate	corporate	ADJ
fbem-22394	69	16	green	green	ADJ
fbem-22394	69	17	technology	technology	NOUN
fbem-22394	69	18	innovation	innovation	NOUN
fbem-22394	69	19	through	through	ADP
fbem-22394	69	20	financing	financing	NOUN
fbem-22394	69	21	costs	cost	NOUN
fbem-22394	69	22	and	and	CCONJ
fbem-22394	69	23	financing	financing	NOUN
fbem-22394	69	24	constraints	constraint	NOUN
fbem-22394	69	25	,	,	PUNCT
fbem-22394	69	26	this	this	DET
fbem-22394	69	27	article	article	NOUN
fbem-22394	69	28	uses	use	VERB
fbem-22394	69	29	the	the	DET
fbem-22394	69	30	three	three	NUM
fbem-22394	69	31	-	-	PUNCT
fbem-22394	69	32	step	step	NOUN
fbem-22394	69	33	method	method	NOUN
fbem-22394	69	34	proposed	propose	VERB
fbem-22394	69	35	by	by	ADP
fbem-22394	69	36	wen	wen	PROPN
fbem-22394	69	37	zhonglin	zhonglin	PROPN
fbem-22394	69	38	and	and	CCONJ
fbem-22394	69	39	ye	ye	PROPN
fbem-22394	69	40	baojuan	baojuan	PROPN
fbem-22394	69	41	(	(	PUNCT
fbem-22394	69	42	2014	2014	NUM
fbem-22394	69	43	)	)	PUNCT
fbem-22394	69	44	to	to	PART
fbem-22394	69	45	verify	verify	VERB
fbem-22394	69	46	the	the	DET
fbem-22394	69	47	mediating	mediate	VERB
fbem-22394	69	48	effect	effect	NOUN
fbem-22394	69	49	.	.	PUNCT
fbem-22394	70	1	use	use	VERB
fbem-22394	70	2	a	a	DET
fbem-22394	70	3	three	three	NUM
fbem-22394	70	4	-	-	PUNCT
fbem-22394	70	5	step	step	NOUN
fbem-22394	70	6	method	method	NOUN
fbem-22394	70	7	to	to	PART
fbem-22394	70	8	regress	regress	VERB
fbem-22394	70	9	each	each	DET
fbem-22394	70	10	coefficient	coefficient	NOUN
fbem-22394	70	11	and	and	CCONJ
fbem-22394	70	12	test	test	VERB
fbem-22394	70	13	whether	whether	SCONJ
fbem-22394	70	14	the	the	DET
fbem-22394	70	15	mechanism	mechanism	NOUN
fbem-22394	70	16	effect	effect	NOUN
fbem-22394	70	17	is	be	AUX
fbem-22394	70	18	valid	valid	ADJ
fbem-22394	70	19	.	.	PUNCT
fbem-22394	71	1	mediatorit	mediatorit	PROPN
fbem-22394	71	2	represents	represent	VERB
fbem-22394	71	3	the	the	DET
fbem-22394	71	4	mediating	mediate	VERB
fbem-22394	71	5	variable	variable	NOUN
fbem-22394	71	6	,	,	PUNCT
fbem-22394	71	7	and	and	CCONJ
fbem-22394	71	8	the	the	DET
fbem-22394	71	9	process	process	NOUN
fbem-22394	71	10	of	of	ADP
fbem-22394	71	11	mediating	mediate	VERB
fbem-22394	71	12	effect	effect	NOUN
fbem-22394	71	13	analysis	analysis	NOUN
fbem-22394	71	14	is	be	AUX
fbem-22394	71	15	as	as	SCONJ
fbem-22394	71	16	follows	follow	VERB
fbem-22394	71	17	.	.	PUNCT
fbem-22394	72	1	(	(	PUNCT
fbem-22394	72	2	3	3	X
fbem-22394	72	3	)	)	PUNCT
fbem-22394	72	4	(	(	PUNCT
fbem-22394	72	5	4	4	NUM
fbem-22394	72	6	)	)	PUNCT
fbem-22394	72	7	(	(	PUNCT
fbem-22394	72	8	5	5	NUM
fbem-22394	72	9	)	)	PUNCT
fbem-22394	72	10	4	4	NUM
fbem-22394	72	11	.	.	X
fbem-22394	72	12	conclusion	conclusion	NOUN
fbem-22394	72	13	and	and	CCONJ
fbem-22394	72	14	suggestions	suggestion	NOUN
fbem-22394	72	15	4.1	4.1	NUM
fbem-22394	72	16	.	.	PUNCT
fbem-22394	73	1	conclusion	conclusion	VERB
fbem-22394	73	2	the	the	DET
fbem-22394	73	3	collateral	collateral	ADJ
fbem-22394	73	4	expansion	expansion	NOUN
fbem-22394	73	5	policy	policy	NOUN
fbem-22394	73	6	,	,	PUNCT
fbem-22394	73	7	as	as	ADP
fbem-22394	73	8	part	part	NOUN
fbem-22394	73	9	of	of	ADP
fbem-22394	73	10	both	both	CCONJ
fbem-22394	73	11	the	the	DET
fbem-22394	73	12	new	new	ADJ
fbem-22394	73	13	monetary	monetary	ADJ
fbem-22394	73	14	policy	policy	NOUN
fbem-22394	73	15	and	and	CCONJ
fbem-22394	73	16	the	the	DET
fbem-22394	73	17	green	green	ADJ
fbem-22394	73	18	finance	finance	NOUN
fbem-22394	73	19	policy	policy	NOUN
fbem-22394	73	20	,	,	PUNCT
fbem-22394	73	21	plays	play	VERB
fbem-22394	73	22	an	an	DET
fbem-22394	73	23	important	important	ADJ
fbem-22394	73	24	role	role	NOUN
fbem-22394	73	25	in	in	ADP
fbem-22394	73	26	supporting	support	VERB
fbem-22394	73	27	economic	economic	ADJ
fbem-22394	73	28	structural	structural	ADJ
fbem-22394	73	29	adjustment	adjustment	NOUN
fbem-22394	73	30	and	and	CCONJ
fbem-22394	73	31	green	green	ADJ
fbem-22394	73	32	development	development	NOUN
fbem-22394	73	33	of	of	ADP
fbem-22394	73	34	enterprises	enterprise	NOUN
fbem-22394	73	35	.	.	PUNCT
fbem-22394	74	1	this	this	DET
fbem-22394	74	2	article	article	NOUN
fbem-22394	74	3	takes	take	VERB
fbem-22394	74	4	the	the	DET
fbem-22394	74	5	policy	policy	NOUN
fbem-22394	74	6	of	of	ADP
fbem-22394	74	7	incorporating	incorporate	VERB
fbem-22394	74	8	green	green	ADJ
fbem-22394	74	9	bonds	bond	NOUN
fbem-22394	74	10	into	into	ADP
fbem-22394	74	11	the	the	DET
fbem-22394	74	12	collateral	collateral	ADJ
fbem-22394	74	13	framework	framework	NOUN
fbem-22394	74	14	of	of	ADP
fbem-22394	74	15	the	the	DET
fbem-22394	74	16	new	new	ADJ
fbem-22394	74	17	monetary	monetary	ADJ
fbem-22394	74	18	policy	policy	NOUN
fbem-22394	74	19	in	in	ADP
fbem-22394	74	20	june	june	PROPN
fbem-22394	74	21	2018	2018	NUM
fbem-22394	74	22	as	as	ADP
fbem-22394	74	23	a	a	DET
fbem-22394	74	24	quasi	quasi	ADJ
fbem-22394	74	25	-	-	ADJ
fbem-22394	74	26	natural	natural	ADJ
fbem-22394	74	27	experiment	experiment	NOUN
fbem-22394	74	28	.	.	PUNCT
fbem-22394	75	1	using	use	VERB
fbem-22394	75	2	bond	bond	NOUN
fbem-22394	75	3	data	datum	NOUN
fbem-22394	75	4	at	at	ADP
fbem-22394	75	5	the	the	DET
fbem-22394	75	6	level	level	NOUN
fbem-22394	75	7	of	of	ADP
fbem-22394	75	8	listed	list	VERB
fbem-22394	75	9	companies	company	NOUN
fbem-22394	75	10	and	and	CCONJ
fbem-22394	75	11	enterprise	enterprise	NOUN
fbem-22394	75	12	green	green	ADJ
fbem-22394	75	13	innovation	innovation	NOUN
fbem-22394	75	14	data	datum	NOUN
fbem-22394	75	15	,	,	PUNCT
fbem-22394	75	16	a	a	DET
fbem-22394	75	17	two	two	NUM
fbem-22394	75	18	period	period	NOUN
fbem-22394	75	19	double	double	ADJ
fbem-22394	75	20	difference	difference	NOUN
fbem-22394	75	21	model	model	NOUN
fbem-22394	75	22	and	and	CCONJ
fbem-22394	75	23	a	a	DET
fbem-22394	75	24	multi	multi	ADJ
fbem-22394	75	25	period	period	NOUN
fbem-22394	75	26	double	double	ADJ
fbem-22394	75	27	difference	difference	NOUN
fbem-22394	75	28	model	model	NOUN
fbem-22394	75	29	are	be	AUX
fbem-22394	75	30	used	use	VERB
fbem-22394	75	31	to	to	PART
fbem-22394	75	32	test	test	VERB
fbem-22394	75	33	the	the	DET
fbem-22394	75	34	impact	impact	NOUN
fbem-22394	75	35	of	of	ADP
fbem-22394	75	36	collateral	collateral	ADJ
fbem-22394	75	37	expansion	expansion	NOUN
fbem-22394	75	38	policy	policy	NOUN
fbem-22394	75	39	on	on	ADP
fbem-22394	75	40	the	the	DET
fbem-22394	75	41	credit	credit	NOUN
fbem-22394	75	42	spread	spread	NOUN
fbem-22394	75	43	of	of	ADP
fbem-22394	75	44	green	green	ADJ
fbem-22394	75	45	bonds	bond	NOUN
fbem-22394	75	46	and	and	CCONJ
fbem-22394	75	47	enterprise	enterprise	NOUN
fbem-22394	75	48	green	green	ADJ
fbem-22394	75	49	innovation	innovation	NOUN
fbem-22394	75	50	,	,	PUNCT
fbem-22394	75	51	respectively	respectively	ADV
fbem-22394	75	52	.	.	PUNCT
fbem-22394	76	1	the	the	DET
fbem-22394	76	2	intermediary	intermediary	NOUN
fbem-22394	76	3	and	and	CCONJ
fbem-22394	76	4	moderating	moderate	VERB
fbem-22394	76	5	effect	effect	NOUN
fbem-22394	76	6	models	model	NOUN
fbem-22394	76	7	are	be	AUX
fbem-22394	76	8	used	use	VERB
fbem-22394	76	9	to	to	PART
fbem-22394	76	10	further	far	ADV
fbem-22394	76	11	analyze	analyze	VERB
fbem-22394	76	12	the	the	DET
fbem-22394	76	13	mechanism	mechanism	NOUN
fbem-22394	76	14	and	and	CCONJ
fbem-22394	76	15	moderating	moderate	VERB
fbem-22394	76	16	effect	effect	NOUN
fbem-22394	76	17	of	of	ADP
fbem-22394	76	18	collateral	collateral	ADJ
fbem-22394	76	19	expansion	expansion	NOUN
fbem-22394	76	20	policy	policy	NOUN
fbem-22394	76	21	on	on	ADP
fbem-22394	76	22	green	green	ADJ
fbem-22394	76	23	innovation	innovation	NOUN
fbem-22394	76	24	.	.	PUNCT
fbem-22394	77	1	based	base	VERB
fbem-22394	77	2	on	on	ADP
fbem-22394	77	3	empirical	empirical	ADJ
fbem-22394	77	4	regression	regression	NOUN
fbem-22394	77	5	,	,	PUNCT
fbem-22394	77	6	the	the	DET
fbem-22394	77	7	following	follow	VERB
fbem-22394	77	8	conclusions	conclusion	NOUN
fbem-22394	77	9	can	can	AUX
fbem-22394	77	10	be	be	AUX
fbem-22394	77	11	drawn	draw	VERB
fbem-22394	77	12	:	:	PUNCT
fbem-22394	77	13	firstly	firstly	ADV
fbem-22394	77	14	,	,	PUNCT
fbem-22394	77	15	the	the	DET
fbem-22394	77	16	policy	policy	NOUN
fbem-22394	77	17	of	of	ADP
fbem-22394	77	18	expanding	expand	VERB
fbem-22394	77	19	collateral	collateral	NOUN
fbem-22394	77	20	has	have	VERB
fbem-22394	77	21	a	a	DET
fbem-22394	77	22	reducing	reduce	VERB
fbem-22394	77	23	effect	effect	NOUN
fbem-22394	77	24	on	on	ADP
fbem-22394	77	25	the	the	DET
fbem-22394	77	26	credit	credit	NOUN
fbem-22394	77	27	spread	spread	NOUN
fbem-22394	77	28	of	of	ADP
fbem-22394	77	29	green	green	ADJ
fbem-22394	77	30	bonds	bond	NOUN
fbem-22394	77	31	,	,	PUNCT
fbem-22394	77	32	and	and	CCONJ
fbem-22394	77	33	the	the	DET
fbem-22394	77	34	effect	effect	NOUN
fbem-22394	77	35	of	of	ADP
fbem-22394	77	36	the	the	DET
fbem-22394	77	37	policy	policy	NOUN
fbem-22394	77	38	on	on	ADP
fbem-22394	77	39	non	non	ADJ
fbem-22394	77	40	-	-	ADJ
fbem-22394	77	41	polluting	polluting	ADJ
fbem-22394	77	42	enterprises	enterprise	NOUN
fbem-22394	77	43	is	be	AUX
fbem-22394	77	44	more	more	ADV
fbem-22394	77	45	significant	significant	ADJ
fbem-22394	77	46	compared	compare	VERB
fbem-22394	77	47	to	to	ADP
fbem-22394	77	48	that	that	PRON
fbem-22394	77	49	on	on	ADP
fbem-22394	77	50	polluting	pollute	VERB
fbem-22394	77	51	enterprises	enterprise	NOUN
fbem-22394	77	52	.	.	PUNCT
fbem-22394	78	1	secondly	secondly	ADV
fbem-22394	78	2	,	,	PUNCT
fbem-22394	78	3	by	by	ADP
fbem-22394	78	4	distinguishing	distinguish	VERB
fbem-22394	78	5	whether	whether	SCONJ
fbem-22394	78	6	to	to	PART
fbem-22394	78	7	issue	issue	VERB
fbem-22394	78	8	green	green	ADJ
fbem-22394	78	9	bonds	bond	NOUN
fbem-22394	78	10	,	,	PUNCT
fbem-22394	78	11	the	the	DET
fbem-22394	78	12	experimental	experimental	ADJ
fbem-22394	78	13	group	group	NOUN
fbem-22394	78	14	and	and	CCONJ
fbem-22394	78	15	the	the	DET
fbem-22394	78	16	control	control	NOUN
fbem-22394	78	17	group	group	NOUN
fbem-22394	78	18	were	be	AUX
fbem-22394	78	19	identified	identify	VERB
fbem-22394	78	20	.	.	PUNCT
fbem-22394	79	1	after	after	ADP
fbem-22394	79	2	the	the	DET
fbem-22394	79	3	implementation	implementation	NOUN
fbem-22394	79	4	of	of	ADP
fbem-22394	79	5	the	the	DET
fbem-22394	79	6	collateral	collateral	ADJ
fbem-22394	79	7	expansion	expansion	NOUN
fbem-22394	79	8	policy	policy	NOUN
fbem-22394	79	9	,	,	PUNCT
fbem-22394	79	10	the	the	DET
fbem-22394	79	11	number	number	NOUN
fbem-22394	79	12	of	of	ADP
fbem-22394	79	13	green	green	ADJ
fbem-22394	79	14	innovations	innovation	NOUN
fbem-22394	79	15	in	in	ADP
fbem-22394	79	16	enterprises	enterprise	NOUN
fbem-22394	79	17	increased	increase	VERB
fbem-22394	79	18	.	.	PUNCT
fbem-22394	80	1	after	after	ADP
fbem-22394	80	2	adjusting	adjust	VERB
fbem-22394	80	3	the	the	DET
fbem-22394	80	4	policy	policy	NOUN
fbem-22394	80	5	period	period	NOUN
fbem-22394	80	6	,	,	PUNCT
fbem-22394	80	7	it	it	PRON
fbem-22394	80	8	was	be	AUX
fbem-22394	80	9	found	find	VERB
fbem-22394	80	10	that	that	SCONJ
fbem-22394	80	11	the	the	DET
fbem-22394	80	12	expansion	expansion	NOUN
fbem-22394	80	13	policy	policy	NOUN
fbem-22394	80	14	had	have	VERB
fbem-22394	80	15	a	a	DET
fbem-22394	80	16	sustained	sustained	ADJ
fbem-22394	80	17	improvement	improvement	NOUN
fbem-22394	80	18	effect	effect	NOUN
fbem-22394	80	19	and	and	CCONJ
fbem-22394	80	20	could	could	AUX
fbem-22394	80	21	match	match	VERB
fbem-22394	80	22	the	the	DET
fbem-22394	80	23	long	long	ADJ
fbem-22394	80	24	-	-	PUNCT
fbem-22394	80	25	term	term	NOUN
fbem-22394	80	26	quality	quality	NOUN
fbem-22394	80	27	of	of	ADP
fbem-22394	80	28	green	green	ADJ
fbem-22394	80	29	innovation	innovation	NOUN
fbem-22394	80	30	,	,	PUNCT
fbem-22394	80	31	promoting	promote	VERB
fbem-22394	80	32	the	the	DET
fbem-22394	80	33	improvement	improvement	NOUN
fbem-22394	80	34	of	of	ADP
fbem-22394	80	35	green	green	ADJ
fbem-22394	80	36	innovation	innovation	NOUN
fbem-22394	80	37	quality	quality	NOUN
fbem-22394	80	38	;	;	PUNCT
fbem-22394	80	39	the	the	DET
fbem-22394	80	40	policy	policy	NOUN
fbem-22394	80	41	of	of	ADP
fbem-22394	80	42	the	the	DET
fbem-22394	80	43	green	green	PROPN
fbem-22394	80	44	reform	reform	PROPN
fbem-22394	80	45	pilot	pilot	NOUN
fbem-22394	80	46	zone	zone	NOUN
fbem-22394	80	47	can	can	AUX
fbem-22394	80	48	form	form	VERB
fbem-22394	80	49	a	a	DET
fbem-22394	80	50	synergistic	synergistic	ADJ
fbem-22394	80	51	effect	effect	NOUN
fbem-22394	80	52	with	with	ADP
fbem-22394	80	53	the	the	DET
fbem-22394	80	54	policy	policy	NOUN
fbem-22394	80	55	of	of	ADP
fbem-22394	80	56	expanding	expand	VERB
fbem-22394	80	57	collateral	collateral	NOUN
fbem-22394	80	58	,	,	PUNCT
fbem-22394	80	59	expanding	expand	VERB
fbem-22394	80	60	its	its	PRON
fbem-22394	80	61	role	role	NOUN
fbem-22394	80	62	in	in	ADP
fbem-22394	80	63	promoting	promote	VERB
fbem-22394	80	64	green	green	ADJ
fbem-22394	80	65	innovation	innovation	NOUN
fbem-22394	80	66	.	.	PUNCT
fbem-22394	81	1	through	through	ADP
fbem-22394	81	2	the	the	DET
fbem-22394	81	3	analysis	analysis	NOUN
fbem-22394	81	4	of	of	ADP
fbem-22394	81	5	intermediary	intermediary	ADJ
fbem-22394	81	6	mechanisms	mechanism	NOUN
fbem-22394	81	7	,	,	PUNCT
fbem-22394	81	8	expansion	expansion	NOUN
fbem-22394	81	9	policies	policy	NOUN
fbem-22394	81	10	will	will	AUX
fbem-22394	81	11	enhance	enhance	VERB
fbem-22394	81	12	green	green	ADJ
fbem-22394	81	13	innovation	innovation	NOUN
fbem-22394	81	14	in	in	ADP
fbem-22394	81	15	enterprises	enterprise	NOUN
fbem-22394	81	16	by	by	ADP
fbem-22394	81	17	reducing	reduce	VERB
fbem-22394	81	18	financing	financing	NOUN
fbem-22394	81	19	costs	cost	NOUN
fbem-22394	81	20	and	and	CCONJ
fbem-22394	81	21	improving	improve	VERB
fbem-22394	81	22	financing	financing	NOUN
fbem-22394	81	23	credit	credit	NOUN
fbem-22394	81	24	;	;	PUNCT
fbem-22394	81	25	the	the	DET
fbem-22394	81	26	uncertainty	uncertainty	NOUN
fbem-22394	81	27	of	of	ADP
fbem-22394	81	28	external	external	ADJ
fbem-22394	81	29	economic	economic	ADJ
fbem-22394	81	30	policies	policy	NOUN
fbem-22394	81	31	can	can	AUX
fbem-22394	81	32	reduce	reduce	VERB
fbem-22394	81	33	the	the	DET
fbem-22394	81	34	promoting	promote	VERB
fbem-22394	81	35	effect	effect	NOUN
fbem-22394	81	36	of	of	ADP
fbem-22394	81	37	expansion	expansion	NOUN
fbem-22394	81	38	policies	policy	NOUN
fbem-22394	81	39	on	on	ADP
fbem-22394	81	40	green	green	ADJ
fbem-22394	81	41	innovation	innovation	NOUN
fbem-22394	81	42	,	,	PUNCT
fbem-22394	81	43	while	while	SCONJ
fbem-22394	81	44	the	the	DET
fbem-22394	81	45	level	level	NOUN
fbem-22394	81	46	of	of	ADP
fbem-22394	81	47	local	local	ADJ
fbem-22394	81	48	scientific	scientific	ADJ
fbem-22394	81	49	and	and	CCONJ
fbem-22394	81	50	technological	technological	ADJ
fbem-22394	81	51	development	development	NOUN
fbem-22394	81	52	can	can	AUX
fbem-22394	81	53	enhance	enhance	VERB
fbem-22394	81	54	the	the	DET
fbem-22394	81	55	promoting	promote	VERB
fbem-22394	81	56	effect	effect	NOUN
fbem-22394	81	57	of	of	ADP
fbem-22394	81	58	expansion	expansion	NOUN
fbem-22394	81	59	policies	policy	NOUN
fbem-22394	81	60	on	on	ADP
fbem-22394	81	61	green	green	ADJ
fbem-22394	81	62	innovation	innovation	NOUN
fbem-22394	81	63	;	;	PUNCT
fbem-22394	81	64	the	the	DET
fbem-22394	81	65	policy	policy	NOUN
fbem-22394	81	66	of	of	ADP
fbem-22394	81	67	expanding	expand	VERB
fbem-22394	81	68	collateral	collateral	ADJ
fbem-22394	81	69	capacity	capacity	NOUN
fbem-22394	81	70	still	still	ADV
fbem-22394	81	71	has	have	VERB
fbem-22394	81	72	heterogeneous	heterogeneous	ADJ
fbem-22394	81	73	effects	effect	NOUN
fbem-22394	81	74	,	,	PUNCT
fbem-22394	81	75	and	and	CCONJ
fbem-22394	81	76	the	the	DET
fbem-22394	81	77	green	green	ADJ
fbem-22394	81	78	innovation	innovation	NOUN
fbem-22394	81	79	policy	policy	NOUN
fbem-22394	81	80	effect	effect	NOUN
fbem-22394	81	81	is	be	AUX
fbem-22394	81	82	more	more	ADV
fbem-22394	81	83	pronounced	pronounce	VERB
fbem-22394	81	84	in	in	ADP
fbem-22394	81	85	mature	mature	ADJ
fbem-22394	81	86	enterprises	enterprise	NOUN
fbem-22394	81	87	.	.	PUNCT
fbem-22394	82	1	4.2	4.2	NUM
fbem-22394	82	2	.	.	PUNCT
fbem-22394	82	3	suggestions	suggestion	NOUN
fbem-22394	82	4	with	with	ADP
fbem-22394	82	5	the	the	DET
fbem-22394	82	6	deepening	deepening	NOUN
fbem-22394	82	7	of	of	ADP
fbem-22394	82	8	green	green	ADJ
fbem-22394	82	9	finance	finance	NOUN
fbem-22394	82	10	,	,	PUNCT
fbem-22394	82	11	the	the	DET
fbem-22394	82	12	importance	importance	NOUN
fbem-22394	82	13	of	of	ADP
fbem-22394	82	14	green	green	ADJ
fbem-22394	82	15	financial	financial	ADJ
fbem-22394	82	16	instruments	instrument	NOUN
fbem-22394	82	17	for	for	ADP
fbem-22394	82	18	economic	economic	ADJ
fbem-22394	82	19	development	development	NOUN
fbem-22394	82	20	is	be	AUX
fbem-22394	82	21	becoming	become	VERB
fbem-22394	82	22	increasingly	increasingly	ADV
fbem-22394	82	23	prominent	prominent	ADJ
fbem-22394	82	24	.	.	PUNCT
fbem-22394	83	1	as	as	ADP
fbem-22394	83	2	one	one	NUM
fbem-22394	83	3	of	of	ADP
fbem-22394	83	4	the	the	DET
fbem-22394	83	5	important	important	ADJ
fbem-22394	83	6	green	green	ADJ
fbem-22394	83	7	financial	financial	ADJ
fbem-22394	83	8	instruments	instrument	NOUN
fbem-22394	83	9	,	,	PUNCT
fbem-22394	83	10	green	green	ADJ
fbem-22394	83	11	bonds	bond	NOUN
fbem-22394	83	12	should	should	AUX
fbem-22394	83	13	be	be	AUX
fbem-22394	83	14	given	give	VERB
fbem-22394	83	15	more	more	ADJ
fbem-22394	83	16	attention	attention	NOUN
fbem-22394	83	17	by	by	ADP
fbem-22394	83	18	the	the	DET
fbem-22394	83	19	central	central	ADJ
fbem-22394	83	20	bank	bank	NOUN
fbem-22394	83	21	,	,	PUNCT
fbem-22394	83	22	government	government	NOUN
fbem-22394	83	23	,	,	PUNCT
fbem-22394	83	24	financial	financial	ADJ
fbem-22394	83	25	institutions	institution	NOUN
fbem-22394	83	26	,	,	PUNCT
fbem-22394	83	27	and	and	CCONJ
fbem-22394	83	28	enterprises	enterprise	NOUN
fbem-22394	83	29	to	to	PART
fbem-22394	83	30	enhance	enhance	VERB
fbem-22394	83	31	their	their	PRON
fbem-22394	83	32	support	support	NOUN
fbem-22394	83	33	for	for	ADP
fbem-22394	83	34	economic	economic	ADJ
fbem-22394	83	35	development	development	NOUN
fbem-22394	83	36	and	and	CCONJ
fbem-22394	83	37	corporate	corporate	ADJ
fbem-22394	83	38	transformation	transformation	NOUN
fbem-22394	83	39	.	.	PUNCT
fbem-22394	84	1	firstly	firstly	ADV
fbem-22394	84	2	,	,	PUNCT
fbem-22394	84	3	the	the	DET
fbem-22394	84	4	central	central	ADJ
fbem-22394	84	5	bank	bank	NOUN
fbem-22394	84	6	should	should	AUX
fbem-22394	84	7	proactively	proactively	ADV
fbem-22394	84	8	update	update	VERB
fbem-22394	84	9	the	the	DET
fbem-22394	84	10	collateral	collateral	ADJ
fbem-22394	84	11	framework	framework	NOUN
fbem-22394	84	12	to	to	PART
fbem-22394	84	13	effectively	effectively	ADV
fbem-22394	84	14	guide	guide	VERB
fbem-22394	84	15	market	market	NOUN
fbem-22394	84	16	funds	fund	NOUN
fbem-22394	84	17	towards	towards	ADP
fbem-22394	84	18	the	the	DET
fbem-22394	84	19	areas	area	NOUN
fbem-22394	84	20	required	require	VERB
fbem-22394	84	21	for	for	ADP
fbem-22394	84	22	policy	policy	NOUN
fbem-22394	84	23	and	and	CCONJ
fbem-22394	84	24	development	development	NOUN
fbem-22394	84	25	.	.	PUNCT
fbem-22394	85	1	by	by	ADP
fbem-22394	85	2	increasing	increase	VERB
fbem-22394	85	3	the	the	DET
fbem-22394	85	4	collateral	collateral	ADJ
fbem-22394	85	5	guarantee	guarantee	NOUN
fbem-22394	85	6	ratio	ratio	NOUN
fbem-22394	85	7	and	and	CCONJ
fbem-22394	85	8	utilizing	utilize	VERB
fbem-22394	85	9	market	market	NOUN
fbem-22394	85	10	mechanisms	mechanism	NOUN
fbem-22394	85	11	to	to	PART
fbem-22394	85	12	reasonably	reasonably	ADV
fbem-22394	85	13	evaluate	evaluate	VERB
fbem-22394	85	14	and	and	CCONJ
fbem-22394	85	15	adjust	adjust	VERB
fbem-22394	85	16	the	the	DET
fbem-22394	85	17	value	value	NOUN
fbem-22394	85	18	of	of	ADP
fbem-22394	85	19	qualified	qualified	ADJ
fbem-22394	85	20	assets	asset	NOUN
fbem-22394	85	21	,	,	PUNCT
fbem-22394	85	22	we	we	PRON
fbem-22394	85	23	can	can	AUX
fbem-22394	85	24	promote	promote	VERB
fbem-22394	85	25	the	the	DET
fbem-22394	85	26	unique	unique	ADJ
fbem-22394	85	27	effects	effect	NOUN
fbem-22394	85	28	of	of	ADP
fbem-22394	85	29	these	these	DET
fbem-22394	85	30	assets	asset	NOUN
fbem-22394	85	31	in	in	ADP
fbem-22394	85	32	different	different	ADJ
fbem-22394	85	33	industries	industry	NOUN
fbem-22394	85	34	,	,	PUNCT
fbem-22394	85	35	thereby	thereby	ADV
fbem-22394	85	36	strengthening	strengthen	VERB
fbem-22394	85	37	the	the	DET
fbem-22394	85	38	supporting	support	VERB
fbem-22394	85	39	role	role	NOUN
fbem-22394	85	40	of	of	ADP
fbem-22394	85	41	expansion	expansion	NOUN
fbem-22394	85	42	policies	policy	NOUN
fbem-22394	85	43	for	for	ADP
fbem-22394	85	44	economic	economic	ADJ
fbem-22394	85	45	growth	growth	NOUN
fbem-22394	85	46	.	.	PUNCT
fbem-22394	86	1	secondly	secondly	ADV
fbem-22394	86	2	,	,	PUNCT
fbem-22394	86	3	the	the	DET
fbem-22394	86	4	government	government	NOUN
fbem-22394	86	5	should	should	AUX
fbem-22394	86	6	strengthen	strengthen	VERB
fbem-22394	86	7	supervision	supervision	NOUN
fbem-22394	86	8	and	and	CCONJ
fbem-22394	86	9	guidance	guidance	NOUN
fbem-22394	86	10	on	on	ADP
fbem-22394	86	11	green	green	ADJ
fbem-22394	86	12	bond	bond	NOUN
fbem-22394	86	13	issuing	issue	VERB
fbem-22394	86	14	enterprises	enterprise	NOUN
fbem-22394	86	15	,	,	PUNCT
fbem-22394	86	16	ensuring	ensure	VERB
fbem-22394	86	17	that	that	SCONJ
fbem-22394	86	18	the	the	DET
fbem-22394	86	19	funds	fund	NOUN
fbem-22394	86	20	raised	raise	VERB
fbem-22394	86	21	are	be	AUX
fbem-22394	86	22	specifically	specifically	ADV
fbem-22394	86	23	used	use	VERB
fbem-22394	86	24	for	for	ADP
fbem-22394	86	25	green	green	ADJ
fbem-22394	86	26	sustainable	sustainable	ADJ
fbem-22394	86	27	projects	project	NOUN
fbem-22394	86	28	.	.	PUNCT
fbem-22394	87	1	this	this	PRON
fbem-22394	87	2	can	can	AUX
fbem-22394	87	3	not	not	PART
fbem-22394	87	4	only	only	ADV
fbem-22394	87	5	reduce	reduce	VERB
fbem-22394	87	6	the	the	DET
fbem-22394	87	7	financing	financing	NOUN
fbem-22394	87	8	costs	cost	NOUN
fbem-22394	87	9	of	of	ADP
fbem-22394	87	10	enterprises	enterprise	NOUN
fbem-22394	87	11	,	,	PUNCT
fbem-22394	87	12	provide	provide	VERB
fbem-22394	87	13	convenient	convenient	ADJ
fbem-22394	87	14	and	and	CCONJ
fbem-22394	87	15	low	low	ADJ
fbem-22394	87	16	-	-	PUNCT
fbem-22394	87	17	cost	cost	NOUN
fbem-22394	87	18	financial	financial	ADJ
fbem-22394	87	19	support	support	NOUN
fbem-22394	87	20	,	,	PUNCT
fbem-22394	87	21	promote	promote	VERB
fbem-22394	87	22	innovation	innovation	NOUN
fbem-22394	87	23	activities	activity	NOUN
fbem-22394	87	24	,	,	PUNCT
fbem-22394	87	25	but	but	CCONJ
fbem-22394	87	26	also	also	ADV
fbem-22394	87	27	guide	guide	VERB
fbem-22394	87	28	the	the	DET
fbem-22394	87	29	flow	flow	NOUN
fbem-22394	87	30	of	of	ADP
fbem-22394	87	31	funds	fund	NOUN
fbem-22394	87	32	to	to	ADP
fbem-22394	87	33	the	the	DET
fbem-22394	87	34	fields	field	NOUN
fbem-22394	87	35	of	of	ADP
fbem-22394	87	36	environmental	environmental	ADJ
fbem-22394	87	37	protection	protection	NOUN
fbem-22394	87	38	and	and	CCONJ
fbem-22394	87	39	sustainable	sustainable	ADJ
fbem-22394	87	40	development	development	NOUN
fbem-22394	87	41	.	.	PUNCT
fbem-22394	88	1	at	at	ADP
fbem-22394	88	2	the	the	DET
fbem-22394	88	3	same	same	ADJ
fbem-22394	88	4	time	time	NOUN
fbem-22394	88	5	,	,	PUNCT
fbem-22394	88	6	the	the	DET
fbem-22394	88	7	government	government	NOUN
fbem-22394	88	8	should	should	AUX
fbem-22394	88	9	maintain	maintain	VERB
fbem-22394	88	10	the	the	DET
fbem-22394	88	11	coherence	coherence	NOUN
fbem-22394	88	12	and	and	CCONJ
fbem-22394	88	13	stability	stability	NOUN
fbem-22394	88	14	of	of	ADP
fbem-22394	88	15	economic	economic	ADJ
fbem-22394	88	16	policies	policy	NOUN
fbem-22394	88	17	,	,	PUNCT
fbem-22394	88	18	create	create	VERB
fbem-22394	88	19	a	a	DET
fbem-22394	88	20	favorable	favorable	ADJ
fbem-22394	88	21	business	business	NOUN
fbem-22394	88	22	environment	environment	NOUN
fbem-22394	88	23	for	for	ADP
fbem-22394	88	24	enterprises	enterprise	NOUN
fbem-22394	88	25	,	,	PUNCT
fbem-22394	88	26	and	and	CCONJ
fbem-22394	88	27	reduce	reduce	VERB
fbem-22394	88	28	economic	economic	ADJ
fbem-22394	88	29	fluctuations	fluctuation	NOUN
fbem-22394	88	30	caused	cause	VERB
fbem-22394	88	31	by	by	ADP
fbem-22394	88	32	policy	policy	NOUN
fbem-22394	88	33	changes	change	NOUN
fbem-22394	88	34	.	.	PUNCT
fbem-22394	89	1	in	in	ADP
fbem-22394	89	2	addition	addition	NOUN
fbem-22394	89	3	,	,	PUNCT
fbem-22394	89	4	the	the	DET
fbem-22394	89	5	government	government	NOUN
fbem-22394	89	6	should	should	AUX
fbem-22394	89	7	increase	increase	VERB
fbem-22394	89	8	the	the	DET
fbem-22394	89	9	driving	drive	VERB
fbem-22394	89	10	force	force	NOUN
fbem-22394	89	11	of	of	ADP
fbem-22394	89	12	technological	technological	ADJ
fbem-22394	89	13	innovation	innovation	NOUN
fbem-22394	89	14	on	on	ADP
fbem-22394	89	15	economic	economic	ADJ
fbem-22394	89	16	development	development	NOUN
fbem-22394	89	17	,	,	PUNCT
fbem-22394	89	18	improve	improve	VERB
fbem-22394	89	19	relevant	relevant	ADJ
fbem-22394	89	20	infrastructure	infrastructure	NOUN
fbem-22394	89	21	,	,	PUNCT
fbem-22394	89	22	enhance	enhance	VERB
fbem-22394	89	23	the	the	DET
fbem-22394	89	24	overall	overall	ADJ
fbem-22394	89	25	level	level	NOUN
fbem-22394	89	26	of	of	ADP
fbem-22394	89	27	science	science	NOUN
fbem-22394	89	28	and	and	CCONJ
fbem-22394	89	29	technology	technology	NOUN
fbem-22394	89	30	,	,	PUNCT
fbem-22394	89	31	provide	provide	VERB
fbem-22394	89	32	policy	policy	NOUN
fbem-22394	89	33	support	support	NOUN
fbem-22394	89	34	to	to	ADP
fbem-22394	89	35	related	relate	VERB
fbem-22394	89	36	industries	industry	NOUN
fbem-22394	89	37	and	and	CCONJ
fbem-22394	89	38	enterprises	enterprise	NOUN
fbem-22394	89	39	,	,	PUNCT
fbem-22394	89	40	encourage	encourage	VERB
fbem-22394	89	41	enterprises	enterprise	NOUN
fbem-22394	89	42	to	to	PART
fbem-22394	89	43	embark	embark	VERB
fbem-22394	89	44	on	on	ADP
fbem-22394	89	45	the	the	DET
fbem-22394	89	46	path	path	NOUN
fbem-22394	89	47	of	of	ADP
fbem-22394	89	48	innovative	innovative	ADJ
fbem-22394	89	49	development	development	NOUN
fbem-22394	89	50	,	,	PUNCT
fbem-22394	89	51	and	and	CCONJ
fbem-22394	89	52	enhance	enhance	VERB
fbem-22394	89	53	the	the	DET
fbem-22394	89	54	degree	degree	NOUN
fbem-22394	89	55	of	of	ADP
fbem-22394	89	56	importance	importance	NOUN
fbem-22394	89	57	that	that	SCONJ
fbem-22394	89	58	enterprises	enterprise	NOUN
fbem-22394	89	59	attach	attach	VERB
fbem-22394	89	60	to	to	PART
fbem-22394	89	61	invention	invention	VERB
fbem-22394	89	62	patents	patent	NOUN
fbem-22394	89	63	.	.	PUNCT
fbem-22394	90	1	finally	finally	ADV
fbem-22394	90	2	,	,	PUNCT
fbem-22394	90	3	enterprises	enterprise	NOUN
fbem-22394	90	4	need	need	VERB
fbem-22394	90	5	to	to	PART
fbem-22394	90	6	increase	increase	VERB
fbem-22394	90	7	investment	investment	NOUN
fbem-22394	90	8	in	in	ADP
fbem-22394	90	9	innovation	innovation	NOUN
fbem-22394	90	10	and	and	CCONJ
fbem-22394	90	11	research	research	NOUN
fbem-22394	90	12	and	and	CCONJ
fbem-22394	90	13	development	development	NOUN
fbem-22394	90	14	,	,	PUNCT
fbem-22394	90	15	and	and	CCONJ
fbem-22394	90	16	firmly	firmly	ADV
fbem-22394	90	17	pursue	pursue	VERB
fbem-22394	90	18	the	the	DET
fbem-22394	90	19	path	path	NOUN
fbem-22394	90	20	of	of	ADP
fbem-22394	90	21	sustainable	sustainable	ADJ
fbem-22394	90	22	development	development	NOUN
fbem-22394	90	23	.	.	PUNCT
fbem-22394	91	1	enterprises	enterprise	NOUN
fbem-22394	91	2	should	should	AUX
fbem-22394	91	3	actively	actively	ADV
fbem-22394	91	4	respond	respond	VERB
fbem-22394	91	5	to	to	ADP
fbem-22394	91	6	government	government	NOUN
fbem-22394	91	7	policies	policy	NOUN
fbem-22394	91	8	,	,	PUNCT
fbem-22394	91	9	adapt	adapt	VERB
fbem-22394	91	10	to	to	ADP
fbem-22394	91	11	the	the	DET
fbem-22394	91	12	trend	trend	NOUN
fbem-22394	91	13	of	of	ADP
fbem-22394	91	14	economic	economic	ADJ
fbem-22394	91	15	development	development	NOUN
fbem-22394	91	16	,	,	PUNCT
fbem-22394	91	17	and	and	CCONJ
fbem-22394	91	18	enhance	enhance	VERB
fbem-22394	91	19	their	their	PRON
fbem-22394	91	20	core	core	NOUN
fbem-22394	91	21	competitiveness	competitiveness	NOUN
fbem-22394	91	22	.	.	PUNCT
fbem-22394	92	1	at	at	ADP
fbem-22394	92	2	the	the	DET
fbem-22394	92	3	same	same	ADJ
fbem-22394	92	4	time	time	NOUN
fbem-22394	92	5	,	,	PUNCT
fbem-22394	92	6	enterprises	enterprise	NOUN
fbem-22394	92	7	should	should	AUX
fbem-22394	92	8	fully	fully	ADV
fbem-22394	92	9	recognize	recognize	VERB
fbem-22394	92	10	the	the	DET
fbem-22394	92	11	importance	importance	NOUN
fbem-22394	92	12	of	of	ADP
fbem-22394	92	13	invention	invention	NOUN
fbem-22394	92	14	patents	patent	NOUN
fbem-22394	92	15	for	for	ADP
fbem-22394	92	16	their	their	PRON
fbem-22394	92	17	development	development	NOUN
fbem-22394	92	18	,	,	PUNCT
fbem-22394	92	19	avoid	avoid	VERB
fbem-22394	92	20	short	short	ADJ
fbem-22394	92	21	-	-	PUNCT
fbem-22394	92	22	sighted	sighted	ADJ
fbem-22394	92	23	behavior	behavior	NOUN
fbem-22394	92	24	,	,	PUNCT
fbem-22394	92	25	and	and	CCONJ
fbem-22394	92	26	achieve	achieve	VERB
fbem-22394	92	27	comprehensive	comprehensive	ADJ
fbem-22394	92	28	and	and	CCONJ
fbem-22394	92	29	long	long	ADJ
fbem-22394	92	30	-	-	PUNCT
fbem-22394	92	31	term	term	NOUN
fbem-22394	92	32	development	development	NOUN
fbem-22394	92	33	of	of	ADP
fbem-22394	92	34	the	the	DET
fbem-22394	92	35	enterprise	enterprise	NOUN
fbem-22394	92	36	.	.	PUNCT
fbem-22394	93	1	acknowledgments	acknowledgment	NOUN
fbem-22394	93	2	this	this	DET
fbem-22394	93	3	work	work	NOUN
fbem-22394	93	4	is	be	AUX
fbem-22394	93	5	funded	fund	VERB
fbem-22394	93	6	by	by	ADP
fbem-22394	93	7	the	the	DET
fbem-22394	93	8	undergraduate	undergraduate	NOUN
fbem-22394	93	9	research	research	NOUN
fbem-22394	93	10	innovation	innovation	NOUN
fbem-22394	93	11	fund	fund	NOUN
fbem-22394	93	12	program	program	NOUN
fbem-22394	93	13	of	of	ADP
fbem-22394	93	14	anhui	anhui	PROPN
fbem-22394	93	15	university	university	PROPN
fbem-22394	93	16	of	of	ADP
fbem-22394	93	17	finance	finance	NOUN
fbem-22394	93	18	and	and	CCONJ
fbem-22394	93	19	economics	economic	NOUN
fbem-22394	93	20	(	(	PUNCT
fbem-22394	93	21	no	no	INTJ
fbem-22394	93	22	.	.	PUNCT
fbem-22394	93	23	xsky24103	xsky24103	NOUN
fbem-22394	93	24	)	)	PUNCT
fbem-22394	93	25	.	.	PUNCT
fbem-22394	94	1	references	reference	NOUN
fbem-22394	94	2	[	[	X
fbem-22394	94	3	1	1	NUM
fbem-22394	94	4	]	]	PUNCT
fbem-22394	94	5	shen	shen	PROPN
fbem-22394	94	6	hongtao	hongtao	PROPN
fbem-22394	94	7	.	.	PUNCT
fbem-22394	95	1	the	the	DET
fbem-22394	95	2	latest	late	ADJ
fbem-22394	95	3	development	development	NOUN
fbem-22394	95	4	and	and	CCONJ
fbem-22394	95	5	future	future	ADJ
fbem-22394	95	6	trends	trend	NOUN
fbem-22394	95	7	of	of	ADP
fbem-22394	95	8	sustainable	sustainable	ADJ
fbem-22394	95	9	finance	finance	NOUN
fbem-22394	96	1	[	[	X
fbem-22394	96	2	j	j	X
fbem-22394	96	3	]	]	X
fbem-22394	96	4	.	.	PUNCT
fbem-22394	97	1	finance	finance	NOUN
fbem-22394	97	2	and	and	CCONJ
fbem-22394	97	3	accounting	accounting	NOUN
fbem-22394	97	4	,	,	PUNCT
fbem-22394	97	5	2022	2022	NUM
fbem-22394	97	6	(	(	PUNCT
fbem-22394	97	7	19	19	NUM
fbem-22394	97	8	):	):	PUNCT
fbem-22394	97	9	17	17	NUM
fbem-22394	97	10	-	-	SYM
fbem-22394	97	11	22	22	NUM
fbem-22394	97	12	.	.	PUNCT
fbem-22394	98	1	415	415	NUM
fbem-22394	99	1	[	[	X
fbem-22394	99	2	2	2	NUM
fbem-22394	99	3	]	]	PUNCT
fbem-22394	99	4	zhang	zhang	PROPN
fbem-22394	99	5	qingjun	qingjun	PROPN
fbem-22394	99	6	.	.	PUNCT
fbem-22394	100	1	issuing	issue	VERB
fbem-22394	100	2	green	green	ADJ
fbem-22394	100	3	bonds	bond	NOUN
fbem-22394	100	4	and	and	CCONJ
fbem-22394	100	5	corporate	corporate	ADJ
fbem-22394	100	6	green	green	ADJ
fbem-22394	100	7	innovation	innovation	NOUN
fbem-22394	100	8	:	:	PUNCT
fbem-22394	100	9	empirical	empirical	ADJ
fbem-22394	100	10	evidence	evidence	NOUN
fbem-22394	100	11	from	from	ADP
fbem-22394	100	12	chinese	chinese	ADJ
fbem-22394	100	13	energy	energy	NOUN
fbem-22394	100	14	listed	list	VERB
fbem-22394	100	15	companies	company	NOUN
fbem-22394	101	1	[	[	X
fbem-22394	101	2	j	j	X
fbem-22394	101	3	]	]	X
fbem-22394	101	4	.	.	PUNCT
fbem-22394	102	1	wuhan	wuhan	PROPN
fbem-22394	102	2	finance	finance	PROPN
fbem-22394	102	3	,	,	PUNCT
fbem-22394	102	4	2023	2023	NUM
fbem-22394	102	5	(	(	PUNCT
fbem-22394	102	6	02	02	NUM
fbem-22394	102	7	):	):	PUNCT
fbem-22394	102	8	65	65	NUM
fbem-22394	102	9	-	-	SYM
fbem-22394	102	10	71	71	NUM
fbem-22394	102	11	.	.	PUNCT
fbem-22394	103	1	[	[	X
fbem-22394	103	2	3	3	X
fbem-22394	103	3	]	]	X
fbem-22394	103	4	li	li	PROPN
fbem-22394	103	5	huimin	huimin	PROPN
fbem-22394	103	6	.	.	PUNCT
fbem-22394	103	7	dynamic	dynamic	ADJ
fbem-22394	103	8	effects	effect	NOUN
fbem-22394	103	9	of	of	ADP
fbem-22394	103	10	green	green	ADJ
fbem-22394	103	11	credit	credit	NOUN
fbem-22394	103	12	policies	policy	NOUN
fbem-22394	103	13	on	on	ADP
fbem-22394	103	14	green	green	ADJ
fbem-22394	103	15	innovation	innovation	NOUN
fbem-22394	103	16	in	in	ADP
fbem-22394	103	17	heavily	heavily	ADV
fbem-22394	103	18	polluting	pollute	VERB
fbem-22394	103	19	enterprises	enterprise	NOUN
fbem-22394	103	20	[	[	X
fbem-22394	103	21	j	j	X
fbem-22394	103	22	]	]	X
fbem-22394	103	23	.	.	PUNCT
fbem-22394	104	1	china	china	PROPN
fbem-22394	104	2	forestry	forestry	PROPN
fbem-22394	104	3	economy	economy	NOUN
fbem-22394	104	4	,	,	PUNCT
fbem-22394	104	5	2023	2023	NUM
fbem-22394	104	6	(	(	PUNCT
fbem-22394	104	7	03	03	NUM
fbem-22394	104	8	):	):	PUNCT
fbem-22394	104	9	116	116	NUM
fbem-22394	104	10	-	-	SYM
fbem-22394	104	11	123	123	NUM
fbem-22394	104	12	.	.	PUNCT
fbem-22394	105	1	[	[	X
fbem-22394	105	2	4	4	NUM
fbem-22394	105	3	]	]	X
fbem-22394	105	4	chen	chen	PROPN
fbem-22394	105	5	guojin	guojin	PROPN
fbem-22394	105	6	.	.	PUNCT
fbem-22394	106	1	china	china	PROPN
fbem-22394	106	2	's	's	PART
fbem-22394	106	3	green	green	ADJ
fbem-22394	106	4	finance	finance	NOUN
fbem-22394	106	5	policy	policy	NOUN
fbem-22394	106	6	,	,	PUNCT
fbem-22394	106	7	financing	financing	NOUN
fbem-22394	106	8	costs	cost	NOUN
fbem-22394	106	9	,	,	PUNCT
fbem-22394	106	10	and	and	CCONJ
fbem-22394	106	11	enterprise	enterprise	NOUN
fbem-22394	106	12	green	green	ADJ
fbem-22394	106	13	transformation	transformation	NOUN
fbem-22394	106	14	:	:	PUNCT
fbem-22394	106	15	from	from	ADP
fbem-22394	106	16	the	the	DET
fbem-22394	106	17	perspective	perspective	NOUN
fbem-22394	106	18	of	of	ADP
fbem-22394	106	19	the	the	DET
fbem-22394	106	20	central	central	ADJ
fbem-22394	106	21	bank	bank	NOUN
fbem-22394	106	22	's	's	PART
fbem-22394	106	23	guarantee	guarantee	NOUN
fbem-22394	106	24	policy	policy	NOUN
fbem-22394	107	1	[	[	X
fbem-22394	107	2	j	j	X
fbem-22394	107	3	]	]	X
fbem-22394	107	4	.	.	PUNCT
fbem-22394	108	1	financial	financial	ADJ
fbem-22394	108	2	research	research	NOUN
fbem-22394	108	3	,	,	PUNCT
fbem-22394	108	4	2021	2021	NUM
fbem-22394	108	5	(	(	PUNCT
fbem-22394	108	6	12	12	NUM
fbem-22394	108	7	):	):	PUNCT
fbem-22394	108	8	75	75	NUM
fbem-22394	108	9	-	-	SYM
fbem-22394	108	10	95	95	NUM
fbem-22394	108	11	.	.	PUNCT
fbem-22394	109	1	[	[	X
fbem-22394	109	2	5	5	X
fbem-22394	109	3	]	]	PUNCT
fbem-22394	109	4	yang	yang	PROPN
fbem-22394	109	5	huiyu	huiyu	PROPN
fbem-22394	109	6	.	.	PUNCT
fbem-22394	110	1	research	research	NOUN
fbem-22394	110	2	on	on	ADP
fbem-22394	110	3	the	the	DET
fbem-22394	110	4	factors	factor	NOUN
fbem-22394	110	5	influencing	influence	VERB
fbem-22394	110	6	the	the	DET
fbem-22394	110	7	credit	credit	NOUN
fbem-22394	110	8	spread	spread	NOUN
fbem-22394	110	9	of	of	ADP
fbem-22394	110	10	green	green	ADJ
fbem-22394	110	11	bond	bond	NOUN
fbem-22394	110	12	issuance	issuance	NOUN
fbem-22394	111	1	[	[	X
fbem-22394	111	2	d	d	X
fbem-22394	111	3	]	]	X
fbem-22394	111	4	.	.	PUNCT
fbem-22394	112	1	shijiazhuang	shijiazhuang	PROPN
fbem-22394	112	2	:	:	PUNCT
fbem-22394	112	3	shijiazhuang	shijiazhuang	PROPN
fbem-22394	112	4	railway	railway	PROPN
fbem-22394	112	5	university	university	PROPN
fbem-22394	112	6	,	,	PUNCT
fbem-22394	112	7	2019	2019	NUM
fbem-22394	112	8	.	.	PUNCT
fbem-22394	113	1	[	[	X
fbem-22394	113	2	6	6	NUM
fbem-22394	113	3	]	]	X
fbem-22394	113	4	chen	chen	PROPN
fbem-22394	113	5	chen	chen	PROPN
fbem-22394	113	6	.	.	PUNCT
fbem-22394	114	1	research	research	NOUN
fbem-22394	114	2	on	on	ADP
fbem-22394	114	3	the	the	DET
fbem-22394	114	4	impact	impact	NOUN
fbem-22394	114	5	of	of	ADP
fbem-22394	114	6	environmental	environmental	ADJ
fbem-22394	114	7	regulations	regulation	NOUN
fbem-22394	114	8	on	on	ADP
fbem-22394	114	9	green	green	ADJ
fbem-22394	114	10	innovation	innovation	NOUN
fbem-22394	114	11	and	and	CCONJ
fbem-22394	114	12	performance	performance	NOUN
fbem-22394	114	13	of	of	ADP
fbem-22394	114	14	enterprises	enterprise	NOUN
fbem-22394	114	15	[	[	X
fbem-22394	114	16	d	d	X
fbem-22394	114	17	]	]	X
fbem-22394	114	18	liaoning	liaoning	NOUN
fbem-22394	114	19	:	:	PUNCT
fbem-22394	114	20	liaoning	liaoning	PROPN
fbem-22394	114	21	university	university	PROPN
fbem-22394	114	22	,	,	PUNCT
fbem-22394	114	23	2019	2019	NUM
fbem-22394	114	24	.	.	PUNCT
fbem-22394	115	1	[	[	X
fbem-22394	115	2	7	7	X
fbem-22394	115	3	]	]	X
fbem-22394	115	4	deng	deng	PROPN
fbem-22394	115	5	xiang	xiang	PROPN
fbem-22394	115	6	research	research	PROPN
fbem-22394	115	7	on	on	ADP
fbem-22394	115	8	the	the	DET
fbem-22394	115	9	green	green	ADJ
fbem-22394	115	10	effect	effect	NOUN
fbem-22394	115	11	of	of	ADP
fbem-22394	115	12	mlf	mlf	NOUN
fbem-22394	115	13	guarantee	guarantee	NOUN
fbem-22394	115	14	capacity	capacity	NOUN
fbem-22394	115	15	expansion	expansion	NOUN
fbem-22394	115	16	policy	policy	NOUN
fbem-22394	115	17	:	:	PUNCT
fbem-22394	115	18	based	base	VERB
fbem-22394	115	19	on	on	ADP
fbem-22394	115	20	the	the	DET
fbem-22394	115	21	perspective	perspective	NOUN
fbem-22394	115	22	of	of	ADP
fbem-22394	115	23	green	green	ADJ
fbem-22394	115	24	bond	bond	NOUN
fbem-22394	115	25	financing	financing	NOUN
fbem-22394	115	26	cost	cost	NOUN
fbem-22394	115	27	[	[	X
fbem-22394	115	28	j	j	X
fbem-22394	115	29	]	]	X
fbem-22394	115	30	.	.	PUNCT
fbem-22394	116	1	international	international	ADJ
fbem-22394	116	2	finance	finance	NOUN
fbem-22394	116	3	research	research	NOUN
fbem-22394	116	4	,	,	PUNCT
fbem-22394	116	5	2023	2023	NUM
fbem-22394	116	6	(	(	PUNCT
fbem-22394	116	7	10	10	NUM
fbem-22394	116	8	):	):	PUNCT
fbem-22394	116	9	74	74	NUM
fbem-22394	116	10	-	-	SYM
fbem-22394	116	11	84	84	NUM
fbem-22394	116	12	.	.	PUNCT
fbem-22394	117	1	[	[	X
fbem-22394	117	2	8	8	NUM
fbem-22394	117	3	]	]	X
fbem-22394	117	4	zhang	zhang	PROPN
fbem-22394	117	5	guofu	guofu	PROPN
fbem-22394	117	6	.	.	PUNCT
fbem-22394	118	1	research	research	NOUN
fbem-22394	118	2	on	on	ADP
fbem-22394	118	3	risk	risk	NOUN
fbem-22394	118	4	spillovers	spillover	NOUN
fbem-22394	118	5	between	between	ADP
fbem-22394	118	6	green	green	ADJ
fbem-22394	118	7	bonds	bond	NOUN
fbem-22394	118	8	and	and	CCONJ
fbem-22394	118	9	other	other	ADJ
fbem-22394	118	10	financial	financial	ADJ
fbem-22394	118	11	markets	market	NOUN
fbem-22394	118	12	:	:	PUNCT
fbem-22394	118	13	based	base	VERB
fbem-22394	118	14	on	on	ADP
fbem-22394	118	15	the	the	DET
fbem-22394	118	16	tvp	tvp	ADJ
fbem-22394	118	17	-	-	PUNCT
fbem-22394	118	18	var	var	NOUN
fbem-22394	118	19	frequency	frequency	NOUN
fbem-22394	118	20	domain	domain	NOUN
fbem-22394	118	21	spillover	spillover	NOUN
fbem-22394	118	22	model	model	NOUN
fbem-22394	119	1	[	[	X
fbem-22394	119	2	j	j	X
fbem-22394	119	3	]	]	X
fbem-22394	119	4	.	.	PUNCT
fbem-22394	120	1	journal	journal	PROPN
fbem-22394	120	2	of	of	ADP
fbem-22394	120	3	jiangsu	jiangsu	PROPN
fbem-22394	120	4	university	university	PROPN
fbem-22394	120	5	,	,	PUNCT
fbem-22394	120	6	2024	2024	NUM
fbem-22394	120	7	(	(	PUNCT
fbem-22394	120	8	02	02	NUM
fbem-22394	120	9	):	):	PUNCT
fbem-22394	120	10	44	44	NUM
fbem-22394	120	11	-	-	SYM
fbem-22394	120	12	80	80	NUM
fbem-22394	120	13	.	.	PUNCT
fbem-22394	121	1	[	[	X
fbem-22394	121	2	9	9	NUM
fbem-22394	121	3	]	]	X
fbem-22394	121	4	pan	pan	NOUN
fbem-22394	121	5	dapeng	dapeng	PROPN
fbem-22394	121	6	.	.	PUNCT
fbem-22394	121	7	green	green	ADJ
fbem-22394	121	8	development	development	NOUN
fbem-22394	121	9	from	from	ADP
fbem-22394	121	10	the	the	DET
fbem-22394	121	11	perspective	perspective	NOUN
fbem-22394	121	12	of	of	ADP
fbem-22394	121	13	green	green	ADJ
fbem-22394	121	14	preferences	preference	NOUN
fbem-22394	121	15	:	:	PUNCT
fbem-22394	121	16	government	government	NOUN
fbem-22394	121	17	regulation	regulation	NOUN
fbem-22394	121	18	,	,	PUNCT
fbem-22394	121	19	enterprise	enterprise	NOUN
fbem-22394	121	20	transformation	transformation	NOUN
fbem-22394	121	21	,	,	PUNCT
fbem-22394	121	22	and	and	CCONJ
fbem-22394	121	23	financial	financial	ADJ
fbem-22394	121	24	institution	institution	NOUN
fbem-22394	121	25	investment	investment	NOUN
fbem-22394	121	26	choices	choice	NOUN
fbem-22394	121	27	[	[	X
fbem-22394	121	28	j	j	X
fbem-22394	121	29	]	]	X
fbem-22394	121	30	.	.	PUNCT
fbem-22394	122	1	systems	system	NOUN
fbem-22394	122	2	engineering	engineering	NOUN
fbem-22394	122	3	theory	theory	NOUN
fbem-22394	122	4	and	and	CCONJ
fbem-22394	122	5	practice	practice	NOUN
fbem-22394	122	6	,	,	PUNCT
fbem-22394	122	7	2024	2024	NUM
fbem-22394	122	8	(	(	PUNCT
fbem-22394	122	9	01	01	NUM
fbem-22394	122	10	):	):	PUNCT
fbem-22394	122	11	1	1	NUM
fbem-22394	122	12	-	-	SYM
fbem-22394	122	13	19	19	NUM
fbem-22394	122	14	.	.	PUNCT