id	sid	tid	token	lemma	pos
fbem-2630	1	1	microsoft	microsoft	PROPN
fbem-2630	1	2	word	word	PROPN
fbem-2630	1	3	03-fbem8776排版-14-16.docx	03-fbem8776排版-14-16.docx	PROPN
fbem-2630	1	4	frontiers	frontier	NOUN
fbem-2630	1	5	in	in	ADP
fbem-2630	1	6	business	business	NOUN
fbem-2630	1	7	,	,	PUNCT
fbem-2630	1	8	economics	economic	NOUN
fbem-2630	1	9	and	and	CCONJ
fbem-2630	1	10	management	management	NOUN
fbem-2630	1	11	issn	issn	PROPN
fbem-2630	1	12	:	:	PUNCT
fbem-2630	1	13	2766	2766	NUM
fbem-2630	1	14	-	-	PUNCT
fbem-2630	1	15	824x	824x	NUM
fbem-2630	1	16	|	|	ADJ
fbem-2630	1	17	vol	vol	NOUN
fbem-2630	1	18	.	.	PROPN
fbem-2630	2	1	6	6	NUM
fbem-2630	2	2	,	,	PUNCT
fbem-2630	2	3	no	no	INTJ
fbem-2630	2	4	.	.	NOUN
fbem-2630	2	5	2	2	NUM
fbem-2630	2	6	,	,	PUNCT
fbem-2630	2	7	2022	2022	NUM
fbem-2630	2	8	14	14	NUM
fbem-2630	2	9	a	a	DET
fbem-2630	2	10	study	study	NOUN
fbem-2630	2	11	on	on	ADP
fbem-2630	2	12	the	the	DET
fbem-2630	2	13	level	level	NOUN
fbem-2630	2	14	of	of	ADP
fbem-2630	2	15	capital	capital	NOUN
fbem-2630	2	16	flows	flow	NOUN
fbem-2630	2	17	in	in	ADP
fbem-2630	2	18	the	the	DET
fbem-2630	2	19	yangtze	yangtze	PROPN
fbem-2630	2	20	river	river	PROPN
fbem-2630	2	21	delta	delta	PROPN
fbem-2630	2	22	region	region	NOUN
fbem-2630	2	23	based	base	VERB
fbem-2630	2	24	on	on	ADP
fbem-2630	2	25	the	the	DET
fbem-2630	2	26	fh	fh	PROPN
fbem-2630	2	27	model	model	NOUN
fbem-2630	2	28	jing	jing	PROPN
fbem-2630	2	29	yang	yang	PROPN
fbem-2630	2	30	*	*	PROPN
fbem-2630	2	31	shanghai	shanghai	PROPN
fbem-2630	2	32	institute	institute	PROPN
fbem-2630	2	33	of	of	ADP
fbem-2630	2	34	technology	technology	PROPN
fbem-2630	2	35	,	,	PUNCT
fbem-2630	2	36	shanghai	shanghai	PROPN
fbem-2630	2	37	,	,	PUNCT
fbem-2630	2	38	china	china	PROPN
fbem-2630	2	39	*	*	PUNCT
fbem-2630	2	40	corresponding	correspond	VERB
fbem-2630	2	41	author	author	NOUN
fbem-2630	2	42	abstract	abstract	NOUN
fbem-2630	2	43	:	:	PUNCT
fbem-2630	2	44	based	base	VERB
fbem-2630	2	45	on	on	ADP
fbem-2630	2	46	the	the	DET
fbem-2630	2	47	literature	literature	NOUN
fbem-2630	2	48	of	of	ADP
fbem-2630	2	49	capital	capital	NOUN
fbem-2630	2	50	flow	flow	NOUN
fbem-2630	2	51	studies	study	NOUN
fbem-2630	2	52	,	,	PUNCT
fbem-2630	2	53	this	this	DET
fbem-2630	2	54	paper	paper	NOUN
fbem-2630	2	55	chooses	choose	VERB
fbem-2630	2	56	the	the	DET
fbem-2630	2	57	feldstein	feldstein	NOUN
fbem-2630	2	58	-	-	PUNCT
fbem-2630	2	59	horioka	horioka	NOUN
fbem-2630	2	60	model	model	NOUN
fbem-2630	2	61	to	to	PART
fbem-2630	2	62	measure	measure	VERB
fbem-2630	2	63	the	the	DET
fbem-2630	2	64	level	level	NOUN
fbem-2630	2	65	of	of	ADP
fbem-2630	2	66	capital	capital	NOUN
fbem-2630	2	67	flow	flow	NOUN
fbem-2630	2	68	.	.	PUNCT
fbem-2630	3	1	the	the	DET
fbem-2630	3	2	results	result	NOUN
fbem-2630	3	3	show	show	VERB
fbem-2630	3	4	that	that	SCONJ
fbem-2630	3	5	the	the	DET
fbem-2630	3	6	main	main	ADJ
fbem-2630	3	7	factors	factor	NOUN
fbem-2630	3	8	that	that	PRON
fbem-2630	3	9	positively	positively	ADV
fbem-2630	3	10	affect	affect	VERB
fbem-2630	3	11	capital	capital	NOUN
fbem-2630	3	12	flows	flow	NOUN
fbem-2630	3	13	are	be	AUX
fbem-2630	3	14	savings	saving	NOUN
fbem-2630	3	15	rate	rate	NOUN
fbem-2630	3	16	,	,	PUNCT
fbem-2630	3	17	infrastructure	infrastructure	NOUN
fbem-2630	3	18	construction	construction	NOUN
fbem-2630	3	19	,	,	PUNCT
fbem-2630	3	20	economic	economic	ADJ
fbem-2630	3	21	structure	structure	NOUN
fbem-2630	3	22	,	,	PUNCT
fbem-2630	3	23	government	government	NOUN
fbem-2630	3	24	intervention	intervention	NOUN
fbem-2630	3	25	,	,	PUNCT
fbem-2630	3	26	industry	industry	NOUN
fbem-2630	3	27	,	,	PUNCT
fbem-2630	3	28	real	real	ADJ
fbem-2630	3	29	estate	estate	NOUN
fbem-2630	3	30	and	and	CCONJ
fbem-2630	3	31	transportation	transportation	NOUN
fbem-2630	3	32	facilities	facility	NOUN
fbem-2630	3	33	construction	construction	NOUN
fbem-2630	3	34	;	;	PUNCT
fbem-2630	3	35	the	the	DET
fbem-2630	3	36	factors	factor	NOUN
fbem-2630	3	37	that	that	PRON
fbem-2630	3	38	negatively	negatively	ADV
fbem-2630	3	39	affect	affect	VERB
fbem-2630	3	40	capital	capital	NOUN
fbem-2630	3	41	flows	flow	NOUN
fbem-2630	3	42	are	be	AUX
fbem-2630	3	43	degree	degree	NOUN
fbem-2630	3	44	of	of	ADP
fbem-2630	3	45	openness	openness	NOUN
fbem-2630	3	46	,	,	PUNCT
fbem-2630	3	47	provincial	provincial	ADJ
fbem-2630	3	48	economic	economic	ADJ
fbem-2630	3	49	scale	scale	NOUN
fbem-2630	3	50	and	and	CCONJ
fbem-2630	3	51	bank	bank	NOUN
fbem-2630	3	52	capital	capital	NOUN
fbem-2630	3	53	flows	flow	VERB
fbem-2630	3	54	,	,	PUNCT
fbem-2630	3	55	and	and	CCONJ
fbem-2630	3	56	finally	finally	ADV
fbem-2630	3	57	give	give	VERB
fbem-2630	3	58	policy	policy	NOUN
fbem-2630	3	59	recommendations	recommendation	NOUN
fbem-2630	3	60	to	to	PART
fbem-2630	3	61	improve	improve	VERB
fbem-2630	3	62	the	the	DET
fbem-2630	3	63	level	level	NOUN
fbem-2630	3	64	of	of	ADP
fbem-2630	3	65	capital	capital	NOUN
fbem-2630	3	66	flows	flow	NOUN
fbem-2630	3	67	in	in	ADP
fbem-2630	3	68	the	the	DET
fbem-2630	3	69	yangtze	yangtze	PROPN
fbem-2630	3	70	river	river	PROPN
fbem-2630	3	71	delta	delta	PROPN
fbem-2630	3	72	.	.	PUNCT
fbem-2630	4	1	keywords	keyword	NOUN
fbem-2630	4	2	:	:	PUNCT
fbem-2630	4	3	yangtze	yangtze	PROPN
fbem-2630	4	4	river	river	PROPN
fbem-2630	4	5	delta	delta	PROPN
fbem-2630	4	6	city	city	NOUN
fbem-2630	4	7	cluster	cluster	NOUN
fbem-2630	4	8	;	;	PUNCT
fbem-2630	4	9	fh	fh	PROPN
fbem-2630	4	10	model	model	NOUN
fbem-2630	4	11	;	;	PUNCT
fbem-2630	4	12	capital	capital	NOUN
fbem-2630	4	13	flows	flow	NOUN
fbem-2630	4	14	;	;	PUNCT
fbem-2630	4	15	capital	capital	NOUN
fbem-2630	4	16	market	market	NOUN
fbem-2630	4	17	integration	integration	NOUN
fbem-2630	4	18	.	.	PUNCT
fbem-2630	5	1	1	1	X
fbem-2630	5	2	.	.	X
fbem-2630	5	3	introduction	introduction	NOUN
fbem-2630	5	4	the	the	DET
fbem-2630	5	5	fast	fast	ADV
fbem-2630	5	6	-	-	PUNCT
fbem-2630	5	7	developing	develop	VERB
fbem-2630	5	8	yangtze	yangtze	PROPN
fbem-2630	5	9	river	river	PROPN
fbem-2630	5	10	delta	delta	PROPN
fbem-2630	5	11	region	region	NOUN
fbem-2630	5	12	city	city	NOUN
fbem-2630	5	13	cluster	cluster	NOUN
fbem-2630	5	14	is	be	AUX
fbem-2630	5	15	internationally	internationally	ADV
fbem-2630	5	16	recognized	recognize	VERB
fbem-2630	5	17	as	as	ADP
fbem-2630	5	18	one	one	NUM
fbem-2630	5	19	of	of	ADP
fbem-2630	5	20	the	the	DET
fbem-2630	5	21	six	six	NUM
fbem-2630	5	22	world	world	NOUN
fbem-2630	5	23	-	-	PUNCT
fbem-2630	5	24	class	class	NOUN
fbem-2630	5	25	city	city	NOUN
fbem-2630	5	26	clusters	cluster	NOUN
fbem-2630	5	27	with	with	ADP
fbem-2630	5	28	the	the	DET
fbem-2630	5	29	most	most	ADV
fbem-2630	5	30	dynamic	dynamic	ADJ
fbem-2630	5	31	economy	economy	NOUN
fbem-2630	5	32	,	,	PUNCT
fbem-2630	5	33	the	the	DET
fbem-2630	5	34	highest	high	ADJ
fbem-2630	5	35	degree	degree	NOUN
fbem-2630	5	36	of	of	ADP
fbem-2630	5	37	openness	openness	NOUN
fbem-2630	5	38	and	and	CCONJ
fbem-2630	5	39	the	the	DET
fbem-2630	5	40	strongest	strong	ADJ
fbem-2630	5	41	innovation	innovation	NOUN
fbem-2630	5	42	capacity	capacity	NOUN
fbem-2630	5	43	in	in	ADP
fbem-2630	5	44	china	china	PROPN
fbem-2630	5	45	,	,	PUNCT
fbem-2630	5	46	and	and	CCONJ
fbem-2630	5	47	is	be	AUX
fbem-2630	5	48	also	also	ADV
fbem-2630	5	49	an	an	DET
fbem-2630	5	50	important	important	ADJ
fbem-2630	5	51	intersection	intersection	NOUN
fbem-2630	5	52	of	of	ADP
fbem-2630	5	53	the	the	DET
fbem-2630	5	54	"	"	PUNCT
fbem-2630	5	55	belt	belt	NOUN
fbem-2630	5	56	and	and	CCONJ
fbem-2630	5	57	road	road	NOUN
fbem-2630	5	58	"	"	PUNCT
fbem-2630	5	59	and	and	CCONJ
fbem-2630	5	60	the	the	DET
fbem-2630	5	61	yangtze	yangtze	PROPN
fbem-2630	5	62	river	river	PROPN
fbem-2630	5	63	economic	economic	ADJ
fbem-2630	5	64	belt	belt	NOUN
fbem-2630	5	65	,	,	PUNCT
fbem-2630	5	66	accelerating	accelerate	VERB
fbem-2630	5	67	the	the	DET
fbem-2630	5	68	integration	integration	NOUN
fbem-2630	5	69	of	of	ADP
fbem-2630	5	70	the	the	DET
fbem-2630	5	71	yangtze	yangtze	PROPN
fbem-2630	5	72	river	river	PROPN
fbem-2630	5	73	delta	delta	PROPN
fbem-2630	5	74	region	region	NOUN
fbem-2630	5	75	is	be	AUX
fbem-2630	5	76	not	not	PART
fbem-2630	5	77	only	only	ADV
fbem-2630	5	78	an	an	DET
fbem-2630	5	79	important	important	ADJ
fbem-2630	5	80	means	mean	NOUN
fbem-2630	5	81	to	to	PART
fbem-2630	5	82	provide	provide	VERB
fbem-2630	5	83	innovative	innovative	ADJ
fbem-2630	5	84	services	service	NOUN
fbem-2630	5	85	through	through	ADP
fbem-2630	5	86	integration	integration	NOUN
fbem-2630	5	87	.	.	PUNCT
fbem-2630	6	1	accelerating	accelerate	VERB
fbem-2630	6	2	the	the	DET
fbem-2630	6	3	integration	integration	NOUN
fbem-2630	6	4	of	of	ADP
fbem-2630	6	5	the	the	DET
fbem-2630	6	6	yangtze	yangtze	PROPN
fbem-2630	6	7	river	river	PROPN
fbem-2630	6	8	delta	delta	PROPN
fbem-2630	6	9	region	region	NOUN
fbem-2630	6	10	is	be	AUX
fbem-2630	6	11	not	not	PART
fbem-2630	6	12	only	only	ADV
fbem-2630	6	13	an	an	DET
fbem-2630	6	14	important	important	ADJ
fbem-2630	6	15	tool	tool	NOUN
fbem-2630	6	16	to	to	PART
fbem-2630	6	17	serve	serve	VERB
fbem-2630	6	18	the	the	DET
fbem-2630	6	19	"	"	PUNCT
fbem-2630	6	20	new	new	ADJ
fbem-2630	6	21	development	development	NOUN
fbem-2630	6	22	pattern	pattern	NOUN
fbem-2630	6	23	with	with	ADP
fbem-2630	6	24	domestic	domestic	ADJ
fbem-2630	6	25	circulation	circulation	NOUN
fbem-2630	6	26	as	as	ADP
fbem-2630	6	27	the	the	DET
fbem-2630	6	28	main	main	ADJ
fbem-2630	6	29	body	body	NOUN
fbem-2630	6	30	and	and	CCONJ
fbem-2630	6	31	domestic	domestic	ADJ
fbem-2630	6	32	double	double	ADJ
fbem-2630	6	33	circulation	circulation	NOUN
fbem-2630	6	34	promoting	promote	VERB
fbem-2630	6	35	each	each	DET
fbem-2630	6	36	other	other	ADJ
fbem-2630	6	37	"	"	PUNCT
fbem-2630	6	38	,	,	PUNCT
fbem-2630	6	39	but	but	CCONJ
fbem-2630	6	40	also	also	ADV
fbem-2630	6	41	a	a	DET
fbem-2630	6	42	major	major	ADJ
fbem-2630	6	43	decision	decision	NOUN
fbem-2630	6	44	to	to	PART
fbem-2630	6	45	further	far	ADV
fbem-2630	6	46	promote	promote	VERB
fbem-2630	6	47	the	the	DET
fbem-2630	6	48	coordinated	coordinated	ADJ
fbem-2630	6	49	development	development	NOUN
fbem-2630	6	50	of	of	ADP
fbem-2630	6	51	the	the	DET
fbem-2630	6	52	yangtze	yangtze	PROPN
fbem-2630	6	53	river	river	PROPN
fbem-2630	6	54	delta	delta	PROPN
fbem-2630	6	55	,	,	PUNCT
fbem-2630	6	56	and	and	CCONJ
fbem-2630	6	57	a	a	DET
fbem-2630	6	58	good	good	ADJ
fbem-2630	6	59	capital	capital	NOUN
fbem-2630	6	60	flow	flow	NOUN
fbem-2630	6	61	can	can	AUX
fbem-2630	6	62	drive	drive	VERB
fbem-2630	6	63	the	the	DET
fbem-2630	6	64	balanced	balanced	ADJ
fbem-2630	6	65	economic	economic	ADJ
fbem-2630	6	66	growth	growth	NOUN
fbem-2630	6	67	of	of	ADP
fbem-2630	6	68	the	the	DET
fbem-2630	6	69	yangtze	yangtze	PROPN
fbem-2630	6	70	river	river	PROPN
fbem-2630	6	71	delta	delta	PROPN
fbem-2630	6	72	region	region	NOUN
fbem-2630	6	73	and	and	CCONJ
fbem-2630	6	74	accelerate	accelerate	VERB
fbem-2630	6	75	the	the	DET
fbem-2630	6	76	construction	construction	NOUN
fbem-2630	6	77	of	of	ADP
fbem-2630	6	78	a	a	DET
fbem-2630	6	79	new	new	ADJ
fbem-2630	6	80	development	development	NOUN
fbem-2630	6	81	pattern	pattern	NOUN
fbem-2630	6	82	.	.	PUNCT
fbem-2630	7	1	2	2	X
fbem-2630	7	2	.	.	X
fbem-2630	7	3	literature	literature	PROPN
fbem-2630	7	4	review	review	PROPN
fbem-2630	7	5	studies	study	NOUN
fbem-2630	7	6	on	on	ADP
fbem-2630	7	7	the	the	DET
fbem-2630	7	8	factors	factor	NOUN
fbem-2630	7	9	influencing	influence	VERB
fbem-2630	7	10	capital	capital	NOUN
fbem-2630	7	11	flows	flow	NOUN
fbem-2630	7	12	.	.	PUNCT
fbem-2630	8	1	they	they	PRON
fbem-2630	8	2	are	be	AUX
fbem-2630	8	3	mainly	mainly	ADV
fbem-2630	8	4	summarized	summarize	VERB
fbem-2630	8	5	as	as	ADP
fbem-2630	8	6	currency	currency	NOUN
fbem-2630	8	7	appreciation	appreciation	NOUN
fbem-2630	8	8	,	,	PUNCT
fbem-2630	8	9	interest	interest	NOUN
fbem-2630	8	10	rate	rate	NOUN
fbem-2630	8	11	changes	change	NOUN
fbem-2630	8	12	,	,	PUNCT
fbem-2630	8	13	exchange	exchange	NOUN
fbem-2630	8	14	rate	rate	NOUN
fbem-2630	8	15	changes	change	NOUN
fbem-2630	8	16	,	,	PUNCT
fbem-2630	8	17	degree	degree	NOUN
fbem-2630	8	18	of	of	ADP
fbem-2630	8	19	capital	capital	NOUN
fbem-2630	8	20	controls	control	NOUN
fbem-2630	8	21	,	,	PUNCT
fbem-2630	8	22	and	and	CCONJ
fbem-2630	8	23	government	government	NOUN
fbem-2630	8	24	intervention	intervention	NOUN
fbem-2630	8	25	.	.	PUNCT
fbem-2630	9	1	the	the	DET
fbem-2630	9	2	imf	imf	PROPN
fbem-2630	9	3	points	point	VERB
fbem-2630	9	4	out	out	ADP
fbem-2630	9	5	that	that	SCONJ
fbem-2630	9	6	the	the	DET
fbem-2630	9	7	loose	loose	ADJ
fbem-2630	9	8	monetary	monetary	ADJ
fbem-2630	9	9	policies	policy	NOUN
fbem-2630	9	10	of	of	ADP
fbem-2630	9	11	developed	develop	VERB
fbem-2630	9	12	countries	country	NOUN
fbem-2630	9	13	and	and	CCONJ
fbem-2630	9	14	the	the	DET
fbem-2630	9	15	optimistic	optimistic	ADJ
fbem-2630	9	16	growth	growth	NOUN
fbem-2630	9	17	prospects	prospect	NOUN
fbem-2630	9	18	of	of	ADP
fbem-2630	9	19	emerging	emerge	VERB
fbem-2630	9	20	markets	market	NOUN
fbem-2630	9	21	are	be	AUX
fbem-2630	9	22	important	important	ADJ
fbem-2630	9	23	factors	factor	NOUN
fbem-2630	9	24	influencing	influence	VERB
fbem-2630	9	25	cross	cross	ADJ
fbem-2630	9	26	-	-	ADJ
fbem-2630	9	27	border	border	ADJ
fbem-2630	9	28	capital	capital	NOUN
fbem-2630	9	29	flows	flow	VERB
fbem-2630	9	30	.	.	PUNCT
fbem-2630	10	1	enhanced	enhance	VERB
fbem-2630	10	2	expectations	expectation	NOUN
fbem-2630	10	3	of	of	ADP
fbem-2630	10	4	currency	currency	NOUN
fbem-2630	10	5	appreciation	appreciation	NOUN
fbem-2630	10	6	will	will	AUX
fbem-2630	10	7	lead	lead	VERB
fbem-2630	10	8	to	to	ADP
fbem-2630	10	9	sustained	sustain	VERB
fbem-2630	10	10	short	short	ADJ
fbem-2630	10	11	-	-	PUNCT
fbem-2630	10	12	term	term	NOUN
fbem-2630	10	13	capital	capital	NOUN
fbem-2630	10	14	inflows	inflow	NOUN
fbem-2630	10	15	and	and	CCONJ
fbem-2630	10	16	vice	vice	ADV
fbem-2630	10	17	versa	versa	ADV
fbem-2630	11	1	[	[	X
fbem-2630	11	2	1	1	NUM
fbem-2630	11	3	]	]	PUNCT
fbem-2630	11	4	.	.	PUNCT
fbem-2630	12	1	second	second	ADJ
fbem-2630	12	2	,	,	PUNCT
fbem-2630	12	3	changes	change	NOUN
fbem-2630	12	4	in	in	ADP
fbem-2630	12	5	interest	interest	NOUN
fbem-2630	12	6	rates	rate	NOUN
fbem-2630	12	7	[	[	X
fbem-2630	12	8	2	2	X
fbem-2630	12	9	]	]	PUNCT
fbem-2630	12	10	although	although	SCONJ
fbem-2630	12	11	an	an	DET
fbem-2630	12	12	increase	increase	NOUN
fbem-2630	12	13	in	in	ADP
fbem-2630	12	14	interest	interest	NOUN
fbem-2630	12	15	rates	rate	NOUN
fbem-2630	12	16	may	may	AUX
fbem-2630	12	17	lead	lead	VERB
fbem-2630	12	18	to	to	ADP
fbem-2630	12	19	capital	capital	NOUN
fbem-2630	12	20	inflows	inflow	NOUN
fbem-2630	12	21	in	in	ADP
fbem-2630	12	22	the	the	DET
fbem-2630	12	23	short	short	ADJ
fbem-2630	12	24	run	run	NOUN
fbem-2630	12	25	,	,	PUNCT
fbem-2630	12	26	capital	capital	NOUN
fbem-2630	12	27	will	will	AUX
fbem-2630	12	28	soon	soon	ADV
fbem-2630	12	29	turn	turn	VERB
fbem-2630	12	30	into	into	ADP
fbem-2630	12	31	sustained	sustained	ADJ
fbem-2630	12	32	outflows	outflow	NOUN
fbem-2630	12	33	.	.	PUNCT
fbem-2630	13	1	for	for	ADP
fbem-2630	13	2	example	example	NOUN
fbem-2630	13	3	,	,	PUNCT
fbem-2630	13	4	byrne	byrne	ADJ
fbem-2630	13	5	and	and	CCONJ
fbem-2630	13	6	fiess	fiess	NOUN
fbem-2630	13	7	conclude	conclude	VERB
fbem-2630	13	8	that	that	SCONJ
fbem-2630	13	9	the	the	DET
fbem-2630	13	10	u.s	u.s	PROPN
fbem-2630	13	11	.	.	PROPN
fbem-2630	13	12	interest	interest	NOUN
fbem-2630	13	13	rate	rate	NOUN
fbem-2630	13	14	is	be	AUX
fbem-2630	13	15	one	one	NUM
fbem-2630	13	16	of	of	ADP
fbem-2630	13	17	the	the	DET
fbem-2630	13	18	determinants	determinant	NOUN
fbem-2630	13	19	of	of	ADP
fbem-2630	13	20	global	global	ADJ
fbem-2630	13	21	push	push	NOUN
fbem-2630	13	22	factors	factor	NOUN
fbem-2630	13	23	that	that	PRON
fbem-2630	13	24	drive	drive	VERB
fbem-2630	13	25	cross	cross	ADJ
fbem-2630	13	26	-	-	ADJ
fbem-2630	13	27	border	border	ADJ
fbem-2630	13	28	capital	capital	NOUN
fbem-2630	13	29	inflows	inflow	NOUN
fbem-2630	13	30	to	to	ADP
fbem-2630	13	31	emerging	emerge	VERB
fbem-2630	13	32	market	market	NOUN
fbem-2630	13	33	countries	country	NOUN
fbem-2630	13	34	.	.	PUNCT
fbem-2630	14	1	third	third	ADJ
fbem-2630	14	2	,	,	PUNCT
fbem-2630	14	3	exchange	exchange	NOUN
fbem-2630	14	4	rate	rate	NOUN
fbem-2630	14	5	changes	change	NOUN
fbem-2630	14	6	.	.	PUNCT
fbem-2630	15	1	the	the	DET
fbem-2630	15	2	study	study	NOUN
fbem-2630	15	3	by	by	ADP
fbem-2630	15	4	niu	niu	PROPN
fbem-2630	15	5	et	et	PROPN
fbem-2630	15	6	al	al	PROPN
fbem-2630	15	7	found	find	VERB
fbem-2630	15	8	that	that	SCONJ
fbem-2630	15	9	the	the	DET
fbem-2630	15	10	main	main	ADJ
fbem-2630	15	11	factor	factor	NOUN
fbem-2630	15	12	affecting	affect	VERB
fbem-2630	15	13	china	china	PROPN
fbem-2630	15	14	's	's	PART
fbem-2630	15	15	short	short	ADJ
fbem-2630	15	16	-	-	PUNCT
fbem-2630	15	17	term	term	NOUN
fbem-2630	15	18	cross	cross	ADJ
fbem-2630	15	19	-	-	ADJ
fbem-2630	15	20	border	border	ADJ
fbem-2630	15	21	capital	capital	NOUN
fbem-2630	15	22	inflows	inflow	NOUN
fbem-2630	15	23	is	be	AUX
fbem-2630	15	24	the	the	DET
fbem-2630	15	25	expectation	expectation	NOUN
fbem-2630	15	26	of	of	ADP
fbem-2630	15	27	exchange	exchange	NOUN
fbem-2630	15	28	rate	rate	NOUN
fbem-2630	15	29	appreciation	appreciation	NOUN
fbem-2630	15	30	.	.	PUNCT
fbem-2630	16	1	fourth	fourth	ADJ
fbem-2630	16	2	is	be	AUX
fbem-2630	16	3	the	the	DET
fbem-2630	16	4	degree	degree	NOUN
fbem-2630	16	5	of	of	ADP
fbem-2630	16	6	capital	capital	NOUN
fbem-2630	16	7	control	control	NOUN
fbem-2630	16	8	.	.	PUNCT
fbem-2630	17	1	the	the	DET
fbem-2630	17	2	extreme	extreme	ADJ
fbem-2630	17	3	cross	cross	ADJ
fbem-2630	17	4	-	-	ADJ
fbem-2630	17	5	border	border	ADJ
fbem-2630	17	6	capital	capital	NOUN
fbem-2630	17	7	flows	flow	NOUN
fbem-2630	17	8	in	in	ADP
fbem-2630	17	9	china	china	PROPN
fbem-2630	17	10	are	be	AUX
fbem-2630	17	11	more	more	ADV
fbem-2630	17	12	influenced	influence	VERB
fbem-2630	17	13	by	by	ADP
fbem-2630	17	14	the	the	DET
fbem-2630	17	15	degree	degree	NOUN
fbem-2630	17	16	of	of	ADP
fbem-2630	17	17	capital	capital	NOUN
fbem-2630	17	18	control	control	NOUN
fbem-2630	17	19	and	and	CCONJ
fbem-2630	17	20	economic	economic	ADJ
fbem-2630	17	21	growth	growth	NOUN
fbem-2630	17	22	among	among	ADP
fbem-2630	17	23	the	the	DET
fbem-2630	17	24	domestic	domestic	ADJ
fbem-2630	17	25	factors	factor	NOUN
fbem-2630	17	26	,	,	PUNCT
fbem-2630	17	27	and	and	CCONJ
fbem-2630	17	28	the	the	DET
fbem-2630	17	29	degree	degree	NOUN
fbem-2630	17	30	of	of	ADP
fbem-2630	17	31	capital	capital	NOUN
fbem-2630	17	32	control	control	NOUN
fbem-2630	17	33	is	be	AUX
fbem-2630	17	34	positively	positively	ADV
fbem-2630	17	35	related	relate	VERB
fbem-2630	17	36	to	to	ADP
fbem-2630	17	37	surges	surge	NOUN
fbem-2630	17	38	and	and	CCONJ
fbem-2630	17	39	surges	surge	NOUN
fbem-2630	17	40	at	at	ADP
fbem-2630	17	41	the	the	DET
fbem-2630	17	42	5	5	NUM
fbem-2630	17	43	%	%	NOUN
fbem-2630	17	44	significance	significance	NOUN
fbem-2630	17	45	level	level	NOUN
fbem-2630	17	46	,	,	PUNCT
fbem-2630	17	47	i.e.	i.e.	X
fbem-2630	17	48	,	,	PUNCT
fbem-2630	17	49	an	an	DET
fbem-2630	17	50	increase	increase	NOUN
fbem-2630	17	51	in	in	ADP
fbem-2630	17	52	the	the	DET
fbem-2630	17	53	degree	degree	NOUN
fbem-2630	17	54	of	of	ADP
fbem-2630	17	55	capital	capital	NOUN
fbem-2630	17	56	control	control	NOUN
fbem-2630	17	57	instead	instead	ADV
fbem-2630	17	58	increases	increase	VERB
fbem-2630	17	59	the	the	DET
fbem-2630	17	60	probability	probability	NOUN
fbem-2630	17	61	of	of	ADP
fbem-2630	17	62	surges	surge	NOUN
fbem-2630	17	63	and	and	CCONJ
fbem-2630	17	64	surges	surge	NOUN
fbem-2630	17	65	in	in	ADP
fbem-2630	17	66	china	china	PROPN
fbem-2630	18	1	[	[	X
fbem-2630	18	2	3	3	NUM
fbem-2630	18	3	]	]	PUNCT
fbem-2630	18	4	.	.	PUNCT
fbem-2630	19	1	fifth	fifth	ADJ
fbem-2630	19	2	,	,	PUNCT
fbem-2630	19	3	government	government	NOUN
fbem-2630	19	4	intervention	intervention	NOUN
fbem-2630	19	5	.	.	PUNCT
fbem-2630	20	1	wang	wang	PROPN
fbem-2630	20	2	yongqin	yongqin	PROPN
fbem-2630	20	3	studied	study	VERB
fbem-2630	20	4	the	the	DET
fbem-2630	20	5	determinants	determinant	NOUN
fbem-2630	20	6	of	of	ADP
fbem-2630	20	7	location	location	NOUN
fbem-2630	20	8	choice	choice	NOUN
fbem-2630	20	9	of	of	ADP
fbem-2630	20	10	outward	outward	ADJ
fbem-2630	20	11	fdi	fdi	PROPN
fbem-2630	20	12	in	in	ADP
fbem-2630	20	13	china	china	PROPN
fbem-2630	20	14	found	find	VERB
fbem-2630	20	15	that	that	SCONJ
fbem-2630	20	16	government	government	NOUN
fbem-2630	20	17	efficiency	efficiency	NOUN
fbem-2630	20	18	,	,	PUNCT
fbem-2630	20	19	taxation	taxation	NOUN
fbem-2630	20	20	and	and	CCONJ
fbem-2630	20	21	other	other	ADJ
fbem-2630	20	22	factors	factor	NOUN
fbem-2630	20	23	have	have	VERB
fbem-2630	20	24	important	important	ADJ
fbem-2630	20	25	effects	effect	NOUN
fbem-2630	20	26	on	on	ADP
fbem-2630	20	27	capital	capital	NOUN
fbem-2630	20	28	flows	flow	NOUN
fbem-2630	20	29	.	.	PUNCT
fbem-2630	21	1	in	in	ADP
fbem-2630	21	2	summary	summary	NOUN
fbem-2630	21	3	,	,	PUNCT
fbem-2630	21	4	these	these	DET
fbem-2630	21	5	results	result	NOUN
fbem-2630	21	6	provide	provide	VERB
fbem-2630	21	7	references	reference	NOUN
fbem-2630	21	8	and	and	CCONJ
fbem-2630	21	9	inspiration	inspiration	NOUN
fbem-2630	21	10	for	for	ADP
fbem-2630	21	11	this	this	DET
fbem-2630	21	12	study	study	NOUN
fbem-2630	21	13	,	,	PUNCT
fbem-2630	21	14	but	but	CCONJ
fbem-2630	21	15	from	from	ADP
fbem-2630	21	16	the	the	DET
fbem-2630	21	17	existing	exist	VERB
fbem-2630	21	18	literature	literature	NOUN
fbem-2630	21	19	,	,	PUNCT
fbem-2630	21	20	there	there	PRON
fbem-2630	21	21	are	be	VERB
fbem-2630	21	22	still	still	ADV
fbem-2630	21	23	the	the	DET
fbem-2630	21	24	following	follow	VERB
fbem-2630	21	25	shortcomings	shortcoming	NOUN
fbem-2630	21	26	:	:	PUNCT
fbem-2630	21	27	both	both	CCONJ
fbem-2630	21	28	indirect	indirect	ADJ
fbem-2630	21	29	and	and	CCONJ
fbem-2630	21	30	direct	direct	ADJ
fbem-2630	21	31	studies	study	NOUN
fbem-2630	21	32	are	be	AUX
fbem-2630	21	33	slightly	slightly	ADV
fbem-2630	21	34	arbitrary	arbitrary	ADJ
fbem-2630	21	35	in	in	ADP
fbem-2630	21	36	their	their	PRON
fbem-2630	21	37	selection	selection	NOUN
fbem-2630	21	38	of	of	ADP
fbem-2630	21	39	influencing	influence	VERB
fbem-2630	21	40	factors	factor	NOUN
fbem-2630	21	41	and	and	CCONJ
fbem-2630	21	42	do	do	AUX
fbem-2630	21	43	not	not	PART
fbem-2630	21	44	consider	consider	VERB
fbem-2630	21	45	the	the	DET
fbem-2630	21	46	impact	impact	NOUN
fbem-2630	21	47	of	of	ADP
fbem-2630	21	48	these	these	DET
fbem-2630	21	49	factors	factor	NOUN
fbem-2630	21	50	on	on	ADP
fbem-2630	21	51	capital	capital	NOUN
fbem-2630	21	52	flows	flow	NOUN
fbem-2630	21	53	in	in	ADP
fbem-2630	21	54	a	a	DET
fbem-2630	21	55	multi	multi	ADJ
fbem-2630	21	56	-	-	ADJ
fbem-2630	21	57	perspective	perspective	ADJ
fbem-2630	21	58	classification	classification	NOUN
fbem-2630	21	59	,	,	PUNCT
fbem-2630	21	60	plus	plus	CCONJ
fbem-2630	21	61	since	since	SCONJ
fbem-2630	21	62	there	there	PRON
fbem-2630	21	63	is	be	VERB
fbem-2630	21	64	no	no	DET
fbem-2630	21	65	indicator	indicator	NOUN
fbem-2630	21	66	that	that	PRON
fbem-2630	21	67	can	can	AUX
fbem-2630	21	68	directly	directly	ADV
fbem-2630	21	69	and	and	CCONJ
fbem-2630	21	70	accurately	accurately	ADV
fbem-2630	21	71	measure	measure	VERB
fbem-2630	21	72	the	the	DET
fbem-2630	21	73	level	level	NOUN
fbem-2630	21	74	of	of	ADP
fbem-2630	21	75	capital	capital	NOUN
fbem-2630	21	76	flows	flow	NOUN
fbem-2630	21	77	,	,	PUNCT
fbem-2630	21	78	the	the	DET
fbem-2630	21	79	existing	exist	VERB
fbem-2630	21	80	studies	study	NOUN
fbem-2630	21	81	on	on	ADP
fbem-2630	21	82	capital	capital	NOUN
fbem-2630	21	83	flow	flow	NOUN
fbem-2630	21	84	measurement	measurement	NOUN
fbem-2630	21	85	the	the	DET
fbem-2630	21	86	direct	direct	ADJ
fbem-2630	21	87	or	or	CCONJ
fbem-2630	21	88	indirect	indirect	ADJ
fbem-2630	21	89	methods	method	NOUN
fbem-2630	21	90	are	be	AUX
fbem-2630	21	91	generally	generally	ADV
fbem-2630	21	92	used	use	VERB
fbem-2630	21	93	.	.	PUNCT
fbem-2630	22	1	in	in	ADP
fbem-2630	22	2	particular	particular	ADJ
fbem-2630	22	3	,	,	PUNCT
fbem-2630	22	4	the	the	DET
fbem-2630	22	5	indirect	indirect	ADJ
fbem-2630	22	6	method	method	NOUN
fbem-2630	22	7	represented	represent	VERB
fbem-2630	22	8	by	by	ADP
fbem-2630	22	9	the	the	DET
fbem-2630	22	10	fh	fh	PROPN
fbem-2630	22	11	method	method	NOUN
fbem-2630	22	12	is	be	AUX
fbem-2630	22	13	generally	generally	ADV
fbem-2630	22	14	recognized	recognize	VERB
fbem-2630	22	15	by	by	ADP
fbem-2630	22	16	scholars	scholar	NOUN
fbem-2630	22	17	,	,	PUNCT
fbem-2630	22	18	so	so	SCONJ
fbem-2630	22	19	this	this	DET
fbem-2630	22	20	paper	paper	NOUN
fbem-2630	22	21	will	will	AUX
fbem-2630	22	22	select	select	VERB
fbem-2630	22	23	the	the	DET
fbem-2630	22	24	main	main	ADJ
fbem-2630	22	25	influencing	influence	VERB
fbem-2630	22	26	factors	factor	NOUN
fbem-2630	22	27	according	accord	VERB
fbem-2630	22	28	to	to	ADP
fbem-2630	22	29	the	the	DET
fbem-2630	22	30	relevant	relevant	ADJ
fbem-2630	22	31	theoretical	theoretical	ADJ
fbem-2630	22	32	classification	classification	NOUN
fbem-2630	22	33	and	and	CCONJ
fbem-2630	22	34	will	will	AUX
fbem-2630	22	35	measure	measure	VERB
fbem-2630	22	36	the	the	DET
fbem-2630	22	37	level	level	NOUN
fbem-2630	22	38	of	of	ADP
fbem-2630	22	39	capital	capital	NOUN
fbem-2630	22	40	flow	flow	NOUN
fbem-2630	22	41	in	in	ADP
fbem-2630	22	42	china	china	PROPN
fbem-2630	22	43	's	's	PART
fbem-2630	22	44	yangtze	yangtze	PROPN
fbem-2630	22	45	river	river	PROPN
fbem-2630	22	46	delta	delta	NOUN
fbem-2630	22	47	based	base	VERB
fbem-2630	22	48	on	on	ADP
fbem-2630	22	49	the	the	DET
fbem-2630	22	50	fh	fh	PROPN
fbem-2630	22	51	model	model	NOUN
fbem-2630	22	52	.	.	PUNCT
fbem-2630	23	1	3	3	X
fbem-2630	23	2	.	.	NUM
fbem-2630	23	3	econometric	econometric	ADJ
fbem-2630	23	4	model	model	NOUN
fbem-2630	23	5	and	and	CCONJ
fbem-2630	23	6	variable	variable	ADJ
fbem-2630	23	7	description	description	NOUN
fbem-2630	23	8	3.1	3.1	NUM
fbem-2630	23	9	.	.	PUNCT
fbem-2630	23	10	econometric	econometric	ADJ
fbem-2630	23	11	model	model	NOUN
fbem-2630	23	12	referring	refer	VERB
fbem-2630	23	13	to	to	ADP
fbem-2630	23	14	feldstein	feldstein	NOUN
fbem-2630	23	15	and	and	CCONJ
fbem-2630	23	16	horioka	horioka	NOUN
fbem-2630	23	17	for	for	ADP
fbem-2630	23	18	panel	panel	NOUN
fbem-2630	23	19	data	datum	NOUN
fbem-2630	23	20	data	datum	NOUN
fbem-2630	23	21	modeled	model	VERB
fbem-2630	23	22	as	as	ADP
fbem-2630	23	23	α	α	X
fbem-2630	23	24	β	β	X
fbem-2630	23	25	∑	∑	PUNCT
fbem-2630	23	26	α	α	PRON
fbem-2630	23	27	∙	∙	PROPN
fbem-2630	23	28	x	x	SYM
fbem-2630	23	29	ε	ε	PROPN
fbem-2630	23	30	(	(	PUNCT
fbem-2630	23	31	1	1	NUM
fbem-2630	23	32	)	)	PUNCT
fbem-2630	23	33	where	where	SCONJ
fbem-2630	23	34	is	be	AUX
fbem-2630	23	35	the	the	DET
fbem-2630	23	36	investment	investment	NOUN
fbem-2630	23	37	rate	rate	NOUN
fbem-2630	23	38	,	,	PUNCT
fbem-2630	23	39	and	and	CCONJ
fbem-2630	23	40	is	be	AUX
fbem-2630	23	41	the	the	DET
fbem-2630	23	42	savings	saving	NOUN
fbem-2630	23	43	rate	rate	NOUN
fbem-2630	23	44	,	,	PUNCT
fbem-2630	23	45	andβ	andβ	ADV
fbem-2630	23	46	is	be	AUX
fbem-2630	23	47	the	the	DET
fbem-2630	23	48	coefficient	coefficient	NOUN
fbem-2630	23	49	of	of	ADP
fbem-2630	23	50	savings	saving	NOUN
fbem-2630	23	51	retention	retention	NOUN
fbem-2630	23	52	,	,	PUNCT
fbem-2630	23	53	and	and	CCONJ
fbem-2630	23	54	α	α	PRON
fbem-2630	23	55	is	be	AUX
fbem-2630	23	56	the	the	DET
fbem-2630	23	57	coefficient	coefficient	NOUN
fbem-2630	23	58	of	of	ADP
fbem-2630	23	59	each	each	DET
fbem-2630	23	60	influencing	influence	VERB
fbem-2630	23	61	factor	factor	NOUN
fbem-2630	23	62	variable	variable	NOUN
fbem-2630	23	63	,	,	PUNCT
fbem-2630	23	64	and	and	CCONJ
fbem-2630	23	65	x	x	X
fbem-2630	23	66	is	be	AUX
fbem-2630	23	67	the	the	DET
fbem-2630	23	68	set	set	NOUN
fbem-2630	23	69	of	of	ADP
fbem-2630	23	70	control	control	NOUN
fbem-2630	23	71	variables	variable	NOUN
fbem-2630	23	72	,	,	PUNCT
fbem-2630	23	73	and	and	CCONJ
fbem-2630	23	74	ε	ε	PROPN
fbem-2630	23	75	is	be	AUX
fbem-2630	23	76	the	the	DET
fbem-2630	23	77	random	random	ADJ
fbem-2630	23	78	error	error	NOUN
fbem-2630	23	79	term	term	NOUN
fbem-2630	23	80	of	of	ADP
fbem-2630	23	81	the	the	DET
fbem-2630	23	82	model	model	NOUN
fbem-2630	23	83	[	[	X
fbem-2630	23	84	4	4	NUM
fbem-2630	23	85	]	]	PUNCT
fbem-2630	23	86	.	.	PUNCT
fbem-2630	24	1	3.2	3.2	NUM
fbem-2630	24	2	.	.	PUNCT
fbem-2630	25	1	empirical	empirical	ADJ
fbem-2630	25	2	analysis	analysis	NOUN
fbem-2630	25	3	3.2.1	3.2.1	NUM
fbem-2630	25	4	.	.	PUNCT
fbem-2630	25	5	time	time	NOUN
fbem-2630	25	6	period	period	NOUN
fbem-2630	25	7	2010	2010	NUM
fbem-2630	25	8	-	-	SYM
fbem-2630	25	9	2013	2013	NUM
fbem-2630	25	10	fh	fh	PROPN
fbem-2630	25	11	model	model	NOUN
fbem-2630	25	12	estimation	estimation	NOUN
fbem-2630	25	13	combining	combine	VERB
fbem-2630	25	14	the	the	DET
fbem-2630	25	15	results	result	NOUN
fbem-2630	25	16	of	of	ADP
fbem-2630	25	17	the	the	DET
fbem-2630	25	18	analysis	analysis	NOUN
fbem-2630	25	19	in	in	ADP
fbem-2630	25	20	table	table	NOUN
fbem-2630	25	21	1	1	NUM
fbem-2630	25	22	,	,	PUNCT
fbem-2630	25	23	the	the	DET
fbem-2630	25	24	investment	investment	NOUN
fbem-2630	25	25	rate	rate	NOUN
fbem-2630	25	26	in	in	ADP
fbem-2630	25	27	yrd	yrd	NOUN
fbem-2630	25	28	cities	city	NOUN
fbem-2630	25	29	from	from	ADP
fbem-2630	25	30	2010	2010	NUM
fbem-2630	25	31	-	-	SYM
fbem-2630	25	32	2013	2013	NUM
fbem-2630	25	33	is	be	AUX
fbem-2630	25	34	mainly	mainly	ADV
fbem-2630	25	35	15	15	NUM
fbem-2630	25	36	influenced	influence	VERB
fbem-2630	25	37	by	by	ADP
fbem-2630	25	38	the	the	DET
fbem-2630	25	39	savings	saving	NOUN
fbem-2630	25	40	rate	rate	NOUN
fbem-2630	25	41	with	with	ADP
fbem-2630	25	42	a	a	DET
fbem-2630	25	43	high	high	ADJ
fbem-2630	25	44	beta	beta	NOUN
fbem-2630	25	45	estimate	estimate	NOUN
fbem-2630	25	46	,	,	PUNCT
fbem-2630	25	47	which	which	PRON
fbem-2630	25	48	also	also	ADV
fbem-2630	25	49	implies	imply	VERB
fbem-2630	25	50	a	a	DET
fbem-2630	25	51	weak	weak	ADJ
fbem-2630	25	52	level	level	NOUN
fbem-2630	25	53	of	of	ADP
fbem-2630	25	54	capital	capital	NOUN
fbem-2630	25	55	flows	flow	NOUN
fbem-2630	25	56	during	during	ADP
fbem-2630	25	57	this	this	DET
fbem-2630	25	58	period	period	NOUN
fbem-2630	25	59	,	,	PUNCT
fbem-2630	25	60	a	a	DET
fbem-2630	25	61	strong	strong	ADJ
fbem-2630	25	62	dependence	dependence	NOUN
fbem-2630	25	63	of	of	ADP
fbem-2630	25	64	investment	investment	NOUN
fbem-2630	25	65	on	on	ADP
fbem-2630	25	66	local	local	ADJ
fbem-2630	25	67	savings	saving	NOUN
fbem-2630	25	68	in	in	ADP
fbem-2630	25	69	yrd	yrd	NOUN
fbem-2630	25	70	cities	city	NOUN
fbem-2630	25	71	,	,	PUNCT
fbem-2630	25	72	and	and	CCONJ
fbem-2630	25	73	a	a	DET
fbem-2630	25	74	negative	negative	ADJ
fbem-2630	25	75	influence	influence	NOUN
fbem-2630	25	76	of	of	ADP
fbem-2630	25	77	government	government	NOUN
fbem-2630	25	78	intervention	intervention	NOUN
fbem-2630	25	79	factors	factor	NOUN
fbem-2630	25	80	on	on	ADP
fbem-2630	25	81	this	this	DET
fbem-2630	25	82	relationship	relationship	NOUN
fbem-2630	25	83	.	.	PUNCT
fbem-2630	26	1	table	table	NOUN
fbem-2630	26	2	1	1	NUM
fbem-2630	26	3	.	.	PUNCT
fbem-2630	27	1	estimation	estimation	NOUN
fbem-2630	27	2	results	result	NOUN
fbem-2630	27	3	of	of	ADP
fbem-2630	27	4	the	the	DET
fbem-2630	27	5	fh	fh	PROPN
fbem-2630	27	6	model	model	NOUN
fbem-2630	27	7	for	for	ADP
fbem-2630	27	8	the	the	DET
fbem-2630	27	9	yangtze	yangtze	PROPN
fbem-2630	27	10	river	river	PROPN
fbem-2630	27	11	delta	delta	PROPN
fbem-2630	27	12	region	region	NOUN
fbem-2630	27	13	,	,	PUNCT
fbem-2630	27	14	2010	2010	NUM
fbem-2630	27	15	-	-	SYM
fbem-2630	27	16	2013	2013	NUM
fbem-2630	27	17	parameters	parameter	NOUN
fbem-2630	27	18	fh	fh	PROPN
fbem-2630	27	19	model	model	PROPN
fbem-2630	27	20	conditional	conditional	PROPN
fbem-2630	27	21	fh	fh	PROPN
fbem-2630	27	22	model	model	NOUN
fbem-2630	27	23	improving	improve	VERB
fbem-2630	27	24	the	the	DET
fbem-2630	27	25	fh	fh	PROPN
fbem-2630	27	26	model	model	NOUN
fbem-2630	27	27	1	1	NUM
fbem-2630	27	28	2	2	NUM
fbem-2630	27	29	3	3	NUM
fbem-2630	27	30	β	β	ADP
fbem-2630	27	31	0.303	0.303	NUM
fbem-2630	27	32	*	*	PUNCT
fbem-2630	27	33	*	*	PUNCT
fbem-2630	27	34	0.375	0.375	NUM
fbem-2630	27	35	*	*	PUNCT
fbem-2630	27	36	*	*	PUNCT
fbem-2630	27	37	*	*	PUNCT
fbem-2630	27	38	0.796	0.796	NUM
fbem-2630	27	39	*	*	PUNCT
fbem-2630	27	40	*	*	PUNCT
fbem-2630	27	41	*	*	PUNCT
fbem-2630	27	42	0.258	0.258	NUM
fbem-2630	27	43	*	*	PUNCT
fbem-2630	27	44	0.476	0.476	NUM
fbem-2630	27	45	*	*	PUNCT
fbem-2630	27	46	*	*	PUNCT
fbem-2630	27	47	*	*	PUNCT
fbem-2630	27	48	(	(	PUNCT
fbem-2630	27	49	2.27	2.27	NUM
fbem-2630	27	50	)	)	PUNCT
fbem-2630	27	51	(	(	PUNCT
fbem-2630	27	52	2.71	2.71	NUM
fbem-2630	27	53	)	)	PUNCT
fbem-2630	27	54	(	(	PUNCT
fbem-2630	27	55	3.30	3.30	NUM
fbem-2630	27	56	)	)	PUNCT
fbem-2630	27	57	(	(	PUNCT
fbem-2630	27	58	1.88	1.88	NUM
fbem-2630	27	59	)	)	PUNCT
fbem-2630	27	60	(	(	PUNCT
fbem-2630	27	61	3.06	3.06	NUM
fbem-2630	27	62	)	)	PUNCT
fbem-2630	27	63	βy	βy	PRON
fbem-2630	27	64	8.269	8.269	NUM
fbem-2630	27	65	0.154	0.154	NUM
fbem-2630	27	66	(	(	PUNCT
fbem-2630	27	67	1.58	1.58	NUM
fbem-2630	27	68	)	)	PUNCT
fbem-2630	27	69	(	(	PUNCT
fbem-2630	27	70	0.10	0.10	NUM
fbem-2630	27	71	)	)	PUNCT
fbem-2630	27	72	βf	βf	CCONJ
fbem-2630	28	1	-9.329	-9.329	PROPN
fbem-2630	28	2	*	*	PUNCT
fbem-2630	28	3	*	*	PUNCT
fbem-2630	28	4	-2.056	-2.056	PROPN
fbem-2630	28	5	*	*	PUNCT
fbem-2630	28	6	*	*	PUNCT
fbem-2630	28	7	(	(	PUNCT
fbem-2630	28	8	-2.13	-2.13	NOUN
fbem-2630	28	9	)	)	PUNCT
fbem-2630	28	10	(	(	PUNCT
fbem-2630	28	11	-2.16	-2.16	NOUN
fbem-2630	28	12	)	)	PUNCT
fbem-2630	28	13	α	α	NOUN
fbem-2630	28	14	0.506	0.506	PRON
fbem-2630	28	15	*	*	PUNCT
fbem-2630	28	16	*	*	PUNCT
fbem-2630	28	17	*	*	PUNCT
fbem-2630	28	18	0.501	0.501	NUM
fbem-2630	28	19	*	*	PUNCT
fbem-2630	28	20	*	*	PUNCT
fbem-2630	28	21	*	*	PUNCT
fbem-2630	28	22	0.312	0.312	NUM
fbem-2630	28	23	*	*	PUNCT
fbem-2630	28	24	*	*	PUNCT
fbem-2630	28	25	*	*	PUNCT
fbem-2630	28	26	0.525	0.525	NUM
fbem-2630	28	27	*	*	PUNCT
fbem-2630	28	28	*	*	PUNCT
fbem-2630	28	29	*	*	PUNCT
fbem-2630	28	30	0.462	0.462	NUM
fbem-2630	28	31	*	*	PUNCT
fbem-2630	28	32	*	*	PUNCT
fbem-2630	28	33	*	*	PUNCT
fbem-2630	28	34	(	(	PUNCT
fbem-2630	28	35	7.22	7.22	NUM
fbem-2630	28	36	)	)	PUNCT
fbem-2630	28	37	(	(	PUNCT
fbem-2630	28	38	7.17	7.17	NUM
fbem-2630	28	39	)	)	PUNCT
fbem-2630	28	40	(	(	PUNCT
fbem-2630	28	41	2.77	2.77	NUM
fbem-2630	28	42	)	)	PUNCT
fbem-2630	28	43	(	(	PUNCT
fbem-2630	28	44	7.36	7.36	NUM
fbem-2630	28	45	)	)	PUNCT
fbem-2630	28	46	(	(	PUNCT
fbem-2630	28	47	6.35	6.35	NUM
fbem-2630	28	48	)	)	PUNCT
fbem-2630	28	49	αy	αy	ADP
fbem-2630	28	50	-0.332	-0.332	PROPN
fbem-2630	28	51	-4.017	-4.017	PUNCT
fbem-2630	28	52	*	*	PUNCT
fbem-2630	28	53	(	(	PUNCT
fbem-2630	28	54	-0.45	-0.45	NOUN
fbem-2630	28	55	)	)	PUNCT
fbem-2630	28	56	(	(	PUNCT
fbem-2630	28	57	-1.67	-1.67	INTJ
fbem-2630	28	58	)	)	PUNCT
fbem-2630	28	59	αf	αf	VERB
fbem-2630	28	60	-0.833	-0.833	PUNCT
fbem-2630	28	61	*	*	NOUN
fbem-2630	29	1	3.790	3.790	NUM
fbem-2630	29	2	*	*	NOUN
fbem-2630	29	3	(	(	PUNCT
fbem-2630	29	4	-1.71	-1.71	NUM
fbem-2630	29	5	)	)	PUNCT
fbem-2630	29	6	(	(	PUNCT
fbem-2630	29	7	1.70	1.70	NUM
fbem-2630	29	8	)	)	PUNCT
fbem-2630	29	9	r2	r2	NOUN
fbem-2630	29	10	0.047	0.047	NUM
fbem-2630	29	11	0.075	0.075	NUM
fbem-2630	29	12	0.112	0.112	NUM
fbem-2630	29	13	0.071	0.071	NUM
fbem-2630	29	14	0.087	0.087	NUM
fbem-2630	29	15	aic	aic	PROPN
fbem-2630	29	16	-10.4542	-10.4542	PUNCT
fbem-2630	29	17	-9.744563	-9.744563	PROPN
fbem-2630	29	18	-14.1437	-14.1437	PUNCT
fbem-2630	29	19	-9.320405	-9.320405	PROPN
fbem-2630	29	20	-11.18832	-11.18832	PUNCT
fbem-2630	29	21	note	note	VERB
fbem-2630	29	22	:	:	PUNCT
fbem-2630	29	23	*	*	PUNCT
fbem-2630	29	24	,	,	PUNCT
fbem-2630	29	25	*	*	PUNCT
fbem-2630	29	26	*	*	PUNCT
fbem-2630	29	27	,	,	PUNCT
fbem-2630	29	28	*	*	PUNCT
fbem-2630	29	29	*	*	PUNCT
fbem-2630	29	30	*	*	PUNCT
fbem-2630	29	31	denote	denote	NOUN
fbem-2630	29	32	parameters	parameter	NOUN
fbem-2630	29	33	significant	significant	ADJ
fbem-2630	29	34	at	at	ADP
fbem-2630	29	35	the	the	DET
fbem-2630	29	36	10	10	NUM
fbem-2630	29	37	%	%	NOUN
fbem-2630	29	38	,	,	PUNCT
fbem-2630	29	39	5	5	NUM
fbem-2630	29	40	%	%	NOUN
fbem-2630	29	41	,	,	PUNCT
fbem-2630	29	42	and	and	CCONJ
fbem-2630	29	43	1	1	NUM
fbem-2630	29	44	%	%	NOUN
fbem-2630	29	45	significance	significance	NOUN
fbem-2630	29	46	levels	level	NOUN
fbem-2630	29	47	,	,	PUNCT
fbem-2630	29	48	respectively	respectively	ADV
fbem-2630	29	49	,	,	PUNCT
fbem-2630	29	50	and	and	CCONJ
fbem-2630	29	51	t	t	PROPN
fbem-2630	29	52	-	-	PUNCT
fbem-2630	29	53	statistics	statistic	NOUN
fbem-2630	29	54	are	be	AUX
fbem-2630	29	55	in	in	ADP
fbem-2630	29	56	parentheses	parenthesis	NOUN
fbem-2630	29	57	.	.	PUNCT
fbem-2630	30	1	3.2.2	3.2.2	NUM
fbem-2630	30	2	.	.	NOUN
fbem-2630	30	3	time	time	NOUN
fbem-2630	30	4	period	period	NOUN
fbem-2630	30	5	2014	2014	NUM
fbem-2630	30	6	-	-	SYM
fbem-2630	30	7	2016	2016	NUM
fbem-2630	30	8	fh	fh	PROPN
fbem-2630	30	9	model	model	NOUN
fbem-2630	30	10	estimation	estimation	NOUN
fbem-2630	30	11	table	table	NOUN
fbem-2630	30	12	2	2	NUM
fbem-2630	30	13	gives	give	VERB
fbem-2630	30	14	the	the	DET
fbem-2630	30	15	estimation	estimation	NOUN
fbem-2630	30	16	results	result	NOUN
fbem-2630	30	17	of	of	ADP
fbem-2630	30	18	the	the	DET
fbem-2630	30	19	five	five	NUM
fbem-2630	30	20	models	model	NOUN
fbem-2630	30	21	for	for	ADP
fbem-2630	30	22	the	the	DET
fbem-2630	30	23	period	period	NOUN
fbem-2630	30	24	2014	2014	NUM
fbem-2630	30	25	-	-	SYM
fbem-2630	30	26	2016	2016	NUM
fbem-2630	30	27	,	,	PUNCT
fbem-2630	30	28	with	with	ADP
fbem-2630	30	29	the	the	DET
fbem-2630	30	30	constraints	constraint	NOUN
fbem-2630	30	31	as	as	ADP
fbem-2630	30	32	in	in	ADP
fbem-2630	30	33	table	table	NOUN
fbem-2630	30	34	1	1	NUM
fbem-2630	30	35	.	.	PUNCT
fbem-2630	31	1	the	the	DET
fbem-2630	31	2	beta	beta	ADJ
fbem-2630	31	3	estimates	estimate	NOUN
fbem-2630	31	4	of	of	ADP
fbem-2630	31	5	all	all	DET
fbem-2630	31	6	five	five	NUM
fbem-2630	31	7	models	model	NOUN
fbem-2630	31	8	are	be	AUX
fbem-2630	31	9	in	in	ADP
fbem-2630	31	10	the	the	DET
fbem-2630	31	11	range	range	NOUN
fbem-2630	31	12	of	of	ADP
fbem-2630	31	13	0.259	0.259	NUM
fbem-2630	31	14	to	to	ADP
fbem-2630	31	15	1.377	1.377	NUM
fbem-2630	31	16	,	,	PUNCT
fbem-2630	31	17	and	and	CCONJ
fbem-2630	31	18	only	only	ADV
fbem-2630	31	19	the	the	DET
fbem-2630	31	20	improved	improve	VERB
fbem-2630	31	21	fh	fh	PROPN
fbem-2630	31	22	model	model	NOUN
fbem-2630	31	23	1	1	NUM
fbem-2630	31	24	is	be	AUX
fbem-2630	31	25	significant	significant	ADJ
fbem-2630	31	26	,	,	PUNCT
fbem-2630	31	27	and	and	CCONJ
fbem-2630	31	28	the	the	DET
fbem-2630	31	29	difference	difference	NOUN
fbem-2630	31	30	phase	phase	NOUN
fbem-2630	31	31	has	have	AUX
fbem-2630	31	32	widened	widen	VERB
fbem-2630	31	33	compared	compare	VERB
fbem-2630	31	34	to	to	ADP
fbem-2630	31	35	table	table	NOUN
fbem-2630	31	36	1	1	NUM
fbem-2630	31	37	.	.	PUNCT
fbem-2630	32	1	for	for	ADP
fbem-2630	32	2	the	the	DET
fbem-2630	32	3	period	period	NOUN
fbem-2630	32	4	2014	2014	NUM
fbem-2630	32	5	-	-	SYM
fbem-2630	32	6	2016	2016	NUM
fbem-2630	32	7	,	,	PUNCT
fbem-2630	32	8	the	the	DET
fbem-2630	32	9	five	five	NUM
fbem-2630	32	10	models	model	NOUN
fbem-2630	32	11	and	and	CCONJ
fbem-2630	32	12	are	be	AUX
fbem-2630	32	13	all	all	PRON
fbem-2630	32	14	statistically	statistically	ADV
fbem-2630	32	15	insignificant	insignificant	ADJ
fbem-2630	32	16	.	.	PUNCT
fbem-2630	33	1	combining	combine	VERB
fbem-2630	33	2	the	the	DET
fbem-2630	33	3	results	result	NOUN
fbem-2630	33	4	of	of	ADP
fbem-2630	33	5	the	the	DET
fbem-2630	33	6	analysis	analysis	NOUN
fbem-2630	33	7	in	in	ADP
fbem-2630	33	8	table	table	NOUN
fbem-2630	33	9	2	2	NUM
fbem-2630	33	10	,	,	PUNCT
fbem-2630	33	11	the	the	DET
fbem-2630	33	12	investment	investment	NOUN
fbem-2630	33	13	rate	rate	NOUN
fbem-2630	33	14	in	in	ADP
fbem-2630	33	15	yrd	yrd	NOUN
fbem-2630	33	16	cities	city	NOUN
fbem-2630	33	17	in	in	ADP
fbem-2630	33	18	2014	2014	NUM
fbem-2630	33	19	-	-	SYM
fbem-2630	33	20	2016	2016	NUM
fbem-2630	33	21	is	be	AUX
fbem-2630	33	22	mainly	mainly	ADV
fbem-2630	33	23	influenced	influence	VERB
fbem-2630	33	24	by	by	ADP
fbem-2630	33	25	the	the	DET
fbem-2630	33	26	savings	saving	NOUN
fbem-2630	33	27	rate	rate	NOUN
fbem-2630	33	28	,	,	PUNCT
fbem-2630	33	29	which	which	PRON
fbem-2630	33	30	has	have	VERB
fbem-2630	33	31	a	a	DET
fbem-2630	33	32	high	high	ADJ
fbem-2630	33	33	beta	beta	NOUN
fbem-2630	33	34	estimate	estimate	NOUN
fbem-2630	33	35	,	,	PUNCT
fbem-2630	33	36	which	which	PRON
fbem-2630	33	37	also	also	ADV
fbem-2630	33	38	implies	imply	VERB
fbem-2630	33	39	a	a	DET
fbem-2630	33	40	weak	weak	ADJ
fbem-2630	33	41	level	level	NOUN
fbem-2630	33	42	of	of	ADP
fbem-2630	33	43	capital	capital	NOUN
fbem-2630	33	44	flows	flow	NOUN
fbem-2630	33	45	during	during	ADP
fbem-2630	33	46	this	this	DET
fbem-2630	33	47	period	period	NOUN
fbem-2630	33	48	,	,	PUNCT
fbem-2630	33	49	and	and	CCONJ
fbem-2630	33	50	government	government	NOUN
fbem-2630	33	51	intervention	intervention	NOUN
fbem-2630	33	52	factors	factor	NOUN
fbem-2630	33	53	have	have	VERB
fbem-2630	33	54	a	a	DET
fbem-2630	33	55	negative	negative	ADJ
fbem-2630	33	56	impact	impact	NOUN
fbem-2630	33	57	on	on	ADP
fbem-2630	33	58	this	this	DET
fbem-2630	33	59	relationship	relationship	NOUN
fbem-2630	34	1	[	[	X
fbem-2630	34	2	5	5	NUM
fbem-2630	34	3	]	]	PUNCT
fbem-2630	34	4	.	.	PUNCT
fbem-2630	35	1	table	table	NOUN
fbem-2630	35	2	2	2	NUM
fbem-2630	35	3	.	.	X
fbem-2630	35	4	estimation	estimation	NOUN
fbem-2630	35	5	results	result	NOUN
fbem-2630	35	6	of	of	ADP
fbem-2630	35	7	the	the	DET
fbem-2630	35	8	fh	fh	PROPN
fbem-2630	35	9	model	model	NOUN
fbem-2630	35	10	for	for	ADP
fbem-2630	35	11	the	the	DET
fbem-2630	35	12	yrd	yrd	NOUN
fbem-2630	35	13	region	region	NOUN
fbem-2630	35	14	,	,	PUNCT
fbem-2630	35	15	2014	2014	NUM
fbem-2630	35	16	-	-	SYM
fbem-2630	35	17	2016	2016	NUM
fbem-2630	35	18	parameters	parameter	NOUN
fbem-2630	35	19	fh	fh	PROPN
fbem-2630	35	20	model	model	PROPN
fbem-2630	35	21	conditional	conditional	PROPN
fbem-2630	35	22	fh	fh	PROPN
fbem-2630	35	23	model	model	NOUN
fbem-2630	35	24	improving	improve	VERB
fbem-2630	35	25	the	the	DET
fbem-2630	35	26	fh	fh	PROPN
fbem-2630	35	27	model	model	NOUN
fbem-2630	35	28	1	1	NUM
fbem-2630	35	29	2	2	NUM
fbem-2630	35	30	3	3	NUM
fbem-2630	35	31	β	β	NOUN
fbem-2630	35	32	0.326	0.326	NUM
fbem-2630	35	33	0.331	0.331	NUM
fbem-2630	35	34	1.377	1.377	NUM
fbem-2630	35	35	*	*	PUNCT
fbem-2630	35	36	*	*	PUNCT
fbem-2630	35	37	*	*	PUNCT
fbem-2630	35	38	0.259	0.259	NUM
fbem-2630	35	39	0.434	0.434	NUM
fbem-2630	35	40	*	*	PUNCT
fbem-2630	35	41	(	(	PUNCT
fbem-2630	35	42	1.54	1.54	NUM
fbem-2630	35	43	)	)	PUNCT
fbem-2630	35	44	(	(	PUNCT
fbem-2630	35	45	1.45	1.45	NUM
fbem-2630	35	46	)	)	PUNCT
fbem-2630	35	47	(	(	PUNCT
fbem-2630	35	48	4.33	4.33	NUM
fbem-2630	35	49	)	)	PUNCT
fbem-2630	35	50	(	(	PUNCT
fbem-2630	35	51	1.18	1.18	NUM
fbem-2630	35	52	)	)	PUNCT
fbem-2630	35	53	(	(	PUNCT
fbem-2630	35	54	1.73	1.73	NUM
fbem-2630	35	55	)	)	PUNCT
fbem-2630	35	56	βy	βy	NOUN
fbem-2630	35	57	-7.561	-7.561	PUNCT
fbem-2630	35	58	-1.266	-1.266	X
fbem-2630	35	59	(	(	PUNCT
fbem-2630	35	60	-1.35	-1.35	NOUN
fbem-2630	35	61	)	)	PUNCT
fbem-2630	35	62	(	(	PUNCT
fbem-2630	35	63	-0.75	-0.75	NOUN
fbem-2630	35	64	)	)	PUNCT
fbem-2630	35	65	βf	βf	CCONJ
fbem-2630	36	1	-24.539	-24.539	NOUN
fbem-2630	36	2	*	*	PUNCT
fbem-2630	36	3	*	*	PUNCT
fbem-2630	36	4	*	*	PUNCT
fbem-2630	36	5	-1.889	-1.889	X
fbem-2630	36	6	(	(	PUNCT
fbem-2630	36	7	-4.11	-4.11	NUM
fbem-2630	36	8	)	)	PUNCT
fbem-2630	36	9	(	(	PUNCT
fbem-2630	36	10	-1.30	-1.30	NOUN
fbem-2630	36	11	)	)	PUNCT
fbem-2630	36	12	α	α	NOUN
fbem-2630	36	13	0.612	0.612	NOUN
fbem-2630	36	14	*	*	PUNCT
fbem-2630	36	15	*	*	PUNCT
fbem-2630	36	16	*	*	PUNCT
fbem-2630	36	17	0.626	0.626	NUM
fbem-2630	36	18	*	*	PUNCT
fbem-2630	36	19	*	*	PUNCT
fbem-2630	36	20	*	*	PUNCT
fbem-2630	37	1	0.133	0.133	NUM
fbem-2630	37	2	0.639	0.639	NUM
fbem-2630	37	3	*	*	PUNCT
fbem-2630	37	4	*	*	PUNCT
fbem-2630	37	5	*	*	PUNCT
fbem-2630	37	6	0.595	0.595	NUM
fbem-2630	37	7	*	*	PUNCT
fbem-2630	37	8	*	*	PUNCT
fbem-2630	37	9	*	*	PUNCT
fbem-2630	37	10	(	(	PUNCT
fbem-2630	37	11	5.41	5.41	NUM
fbem-2630	37	12	)	)	PUNCT
fbem-2630	37	13	(	(	PUNCT
fbem-2630	37	14	5.32	5.32	NUM
fbem-2630	37	15	)	)	PUNCT
fbem-2630	37	16	(	(	PUNCT
fbem-2630	37	17	0.86	0.86	NUM
fbem-2630	37	18	)	)	PUNCT
fbem-2630	37	19	(	(	PUNCT
fbem-2630	37	20	5.47	5.47	NUM
fbem-2630	37	21	)	)	PUNCT
fbem-2630	37	22	(	(	PUNCT
fbem-2630	37	23	4.90	4.90	NUM
fbem-2630	37	24	)	)	PUNCT
fbem-2630	37	25	αy	αy	NOUN
fbem-2630	37	26	(	(	PUNCT
fbem-2630	37	27	-0.53	-0.53	NOUN
fbem-2630	37	28	)	)	PUNCT
fbem-2630	37	29	3.432	3.432	NUM
fbem-2630	37	30	(	(	PUNCT
fbem-2630	37	31	-0.45	-0.45	NOUN
fbem-2630	37	32	)	)	PUNCT
fbem-2630	37	33	(	(	PUNCT
fbem-2630	37	34	1.10	1.10	NUM
fbem-2630	37	35	)	)	PUNCT
fbem-2630	37	36	αf	αf	ADP
fbem-2630	37	37	-0.423	-0.423	NOUN
fbem-2630	37	38	11.996	11.996	NUM
fbem-2630	37	39	*	*	PUNCT
fbem-2630	37	40	*	*	PUNCT
fbem-2630	37	41	*	*	PUNCT
fbem-2630	37	42	(	(	PUNCT
fbem-2630	37	43	-0.56	-0.56	NUM
fbem-2630	37	44	)	)	PUNCT
fbem-2630	37	45	(	(	PUNCT
fbem-2630	37	46	3.86	3.86	NUM
fbem-2630	37	47	)	)	PUNCT
fbem-2630	37	48	r2	r2	NOUN
fbem-2630	37	49	0.029	0.029	NUM
fbem-2630	37	50	0.038	0.038	NUM
fbem-2630	37	51	0.208	0.208	NUM
fbem-2630	37	52	0.056	0.056	NUM
fbem-2630	37	53	0.062	0.062	NUM
fbem-2630	37	54	aic	aic	PROPN
fbem-2630	37	55	23.27514	23.27514	NUM
fbem-2630	37	56	26.56804	26.56804	NUM
fbem-2630	37	57	10.79671	10.79671	NUM
fbem-2630	37	58	25.01124	25.01124	NUM
fbem-2630	37	59	24.52174	24.52174	NUM
fbem-2630	37	60	note	note	NOUN
fbem-2630	37	61	:	:	PUNCT
fbem-2630	37	62	*	*	PUNCT
fbem-2630	37	63	,	,	PUNCT
fbem-2630	37	64	*	*	PUNCT
fbem-2630	37	65	*	*	PUNCT
fbem-2630	37	66	,	,	PUNCT
fbem-2630	37	67	*	*	PUNCT
fbem-2630	37	68	*	*	PUNCT
fbem-2630	37	69	*	*	PUNCT
fbem-2630	37	70	denote	denote	NOUN
fbem-2630	37	71	parameters	parameter	NOUN
fbem-2630	37	72	significant	significant	ADJ
fbem-2630	37	73	at	at	ADP
fbem-2630	37	74	the	the	DET
fbem-2630	37	75	10	10	NUM
fbem-2630	37	76	%	%	NOUN
fbem-2630	37	77	,	,	PUNCT
fbem-2630	37	78	5	5	NUM
fbem-2630	37	79	%	%	NOUN
fbem-2630	37	80	,	,	PUNCT
fbem-2630	37	81	and	and	CCONJ
fbem-2630	37	82	1	1	NUM
fbem-2630	37	83	%	%	NOUN
fbem-2630	37	84	significance	significance	NOUN
fbem-2630	37	85	levels	level	NOUN
fbem-2630	37	86	,	,	PUNCT
fbem-2630	37	87	respectively	respectively	ADV
fbem-2630	37	88	,	,	PUNCT
fbem-2630	37	89	and	and	CCONJ
fbem-2630	37	90	t	t	PROPN
fbem-2630	37	91	-	-	PUNCT
fbem-2630	37	92	statistics	statistic	NOUN
fbem-2630	37	93	are	be	AUX
fbem-2630	37	94	in	in	ADP
fbem-2630	37	95	parentheses	parenthesis	NOUN
fbem-2630	37	96	.	.	PUNCT
fbem-2630	38	1	3.2.3	3.2.3	NUM
fbem-2630	38	2	.	.	NOUN
fbem-2630	38	3	time	time	NOUN
fbem-2630	38	4	period	period	NOUN
fbem-2630	38	5	2017	2017	NUM
fbem-2630	38	6	-	-	SYM
fbem-2630	38	7	2019	2019	NUM
fbem-2630	38	8	fh	fh	PROPN
fbem-2630	38	9	model	model	NOUN
fbem-2630	38	10	estimation	estimation	NOUN
fbem-2630	38	11	table	table	NOUN
fbem-2630	38	12	3	3	NUM
fbem-2630	38	13	gives	give	VERB
fbem-2630	38	14	the	the	DET
fbem-2630	38	15	estimation	estimation	NOUN
fbem-2630	38	16	results	result	NOUN
fbem-2630	38	17	of	of	ADP
fbem-2630	38	18	the	the	DET
fbem-2630	38	19	5	5	NUM
fbem-2630	38	20	models	model	NOUN
fbem-2630	38	21	for	for	ADP
fbem-2630	38	22	the	the	DET
fbem-2630	38	23	period	period	NOUN
fbem-2630	38	24	2017	2017	NUM
fbem-2630	38	25	-	-	SYM
fbem-2630	38	26	2019	2019	NUM
fbem-2630	38	27	,	,	PUNCT
fbem-2630	38	28	with	with	ADP
fbem-2630	38	29	the	the	DET
fbem-2630	38	30	constraints	constraint	NOUN
fbem-2630	38	31	as	as	ADP
fbem-2630	38	32	in	in	ADP
fbem-2630	38	33	table	table	NOUN
fbem-2630	38	34	1	1	NUM
fbem-2630	38	35	.	.	PUNCT
fbem-2630	39	1	the	the	DET
fbem-2630	39	2	beta	beta	ADJ
fbem-2630	39	3	estimates	estimate	NOUN
fbem-2630	39	4	of	of	ADP
fbem-2630	39	5	all	all	DET
fbem-2630	39	6	5	5	NUM
fbem-2630	39	7	models	model	NOUN
fbem-2630	39	8	are	be	AUX
fbem-2630	39	9	in	in	ADP
fbem-2630	39	10	the	the	DET
fbem-2630	39	11	range	range	NOUN
fbem-2630	39	12	of	of	ADP
fbem-2630	39	13	0.307	0.307	NUM
fbem-2630	39	14	to	to	ADP
fbem-2630	39	15	1.835	1.835	NUM
fbem-2630	39	16	,	,	PUNCT
fbem-2630	39	17	only	only	ADV
fbem-2630	39	18	the	the	DET
fbem-2630	39	19	improved	improved	ADJ
fbem-2630	39	20	fh	fh	PROPN
fbem-2630	39	21	model	model	NOUN
fbem-2630	39	22	1	1	NUM
fbem-2630	39	23	and	and	CCONJ
fbem-2630	39	24	the	the	DET
fbem-2630	39	25	improved	improved	ADJ
fbem-2630	39	26	fh	fh	PROPN
fbem-2630	39	27	model	model	NOUN
fbem-2630	39	28	3	3	NUM
fbem-2630	39	29	are	be	AUX
fbem-2630	39	30	significant	significant	ADJ
fbem-2630	39	31	,	,	PUNCT
fbem-2630	39	32	and	and	CCONJ
fbem-2630	39	33	the	the	DET
fbem-2630	39	34	difference	difference	NOUN
fbem-2630	39	35	phase	phase	NOUN
fbem-2630	39	36	has	have	AUX
fbem-2630	39	37	widened	widen	VERB
fbem-2630	39	38	compared	compare	VERB
fbem-2630	39	39	to	to	ADP
fbem-2630	39	40	table	table	NOUN
fbem-2630	39	41	2	2	NUM
fbem-2630	39	42	.	.	PUNCT
fbem-2630	39	43	for	for	ADP
fbem-2630	39	44	the	the	DET
fbem-2630	39	45	period	period	NOUN
fbem-2630	39	46	2017	2017	NUM
fbem-2630	39	47	-	-	SYM
fbem-2630	39	48	2019	2019	NUM
fbem-2630	39	49	,	,	PUNCT
fbem-2630	39	50	the	the	DET
fbem-2630	39	51	5	5	NUM
fbem-2630	39	52	models	model	NOUN
fbem-2630	39	53	and	and	CCONJ
fbem-2630	39	54	are	be	AUX
fbem-2630	39	55	all	all	PRON
fbem-2630	39	56	statistically	statistically	ADV
fbem-2630	39	57	insignificant	insignificant	ADJ
fbem-2630	39	58	.	.	PUNCT
fbem-2630	40	1	combining	combine	VERB
fbem-2630	40	2	the	the	DET
fbem-2630	40	3	results	result	NOUN
fbem-2630	40	4	of	of	ADP
fbem-2630	40	5	the	the	DET
fbem-2630	40	6	analysis	analysis	NOUN
fbem-2630	40	7	in	in	ADP
fbem-2630	40	8	table	table	NOUN
fbem-2630	40	9	3	3	NUM
fbem-2630	40	10	,	,	PUNCT
fbem-2630	40	11	the	the	DET
fbem-2630	40	12	investment	investment	NOUN
fbem-2630	40	13	rate	rate	NOUN
fbem-2630	40	14	in	in	ADP
fbem-2630	40	15	yrd	yrd	NOUN
fbem-2630	40	16	cities	city	NOUN
fbem-2630	40	17	in	in	ADP
fbem-2630	40	18	2017	2017	NUM
fbem-2630	40	19	-	-	SYM
fbem-2630	40	20	2019	2019	NUM
fbem-2630	40	21	is	be	AUX
fbem-2630	40	22	mainly	mainly	ADV
fbem-2630	40	23	influenced	influence	VERB
fbem-2630	40	24	by	by	ADP
fbem-2630	40	25	the	the	DET
fbem-2630	40	26	savings	saving	NOUN
fbem-2630	40	27	rate	rate	NOUN
fbem-2630	40	28	with	with	ADP
fbem-2630	40	29	a	a	DET
fbem-2630	40	30	high	high	ADJ
fbem-2630	40	31	beta	beta	NOUN
fbem-2630	40	32	estimate	estimate	NOUN
fbem-2630	40	33	,	,	PUNCT
fbem-2630	40	34	which	which	PRON
fbem-2630	40	35	also	also	ADV
fbem-2630	40	36	implies	imply	VERB
fbem-2630	40	37	a	a	DET
fbem-2630	40	38	weak	weak	ADJ
fbem-2630	40	39	level	level	NOUN
fbem-2630	40	40	of	of	ADP
fbem-2630	40	41	capital	capital	NOUN
fbem-2630	40	42	flows	flow	NOUN
fbem-2630	40	43	during	during	ADP
fbem-2630	40	44	this	this	DET
fbem-2630	40	45	period	period	NOUN
fbem-2630	40	46	and	and	CCONJ
fbem-2630	40	47	a	a	DET
fbem-2630	40	48	positive	positive	ADJ
fbem-2630	40	49	effect	effect	NOUN
fbem-2630	40	50	of	of	ADP
fbem-2630	40	51	government	government	NOUN
fbem-2630	40	52	intervention	intervention	NOUN
fbem-2630	40	53	factors	factor	NOUN
fbem-2630	40	54	on	on	ADP
fbem-2630	40	55	this	this	DET
fbem-2630	40	56	relationship	relationship	NOUN
fbem-2630	40	57	.	.	PUNCT
fbem-2630	41	1	16	16	NUM
fbem-2630	41	2	table	table	NOUN
fbem-2630	41	3	3	3	NUM
fbem-2630	41	4	.	.	PUNCT
fbem-2630	41	5	estimated	estimate	VERB
fbem-2630	41	6	results	result	NOUN
fbem-2630	41	7	of	of	ADP
fbem-2630	41	8	the	the	DET
fbem-2630	41	9	fh	fh	PROPN
fbem-2630	41	10	model	model	NOUN
fbem-2630	41	11	for	for	ADP
fbem-2630	41	12	the	the	DET
fbem-2630	41	13	yangtze	yangtze	PROPN
fbem-2630	41	14	river	river	PROPN
fbem-2630	41	15	delta	delta	PROPN
fbem-2630	41	16	region	region	NOUN
fbem-2630	41	17	,	,	PUNCT
fbem-2630	41	18	2017	2017	NUM
fbem-2630	41	19	-	-	SYM
fbem-2630	41	20	2019	2019	NUM
fbem-2630	41	21	parameters	parameter	NOUN
fbem-2630	41	22	fh	fh	PROPN
fbem-2630	41	23	model	model	PROPN
fbem-2630	41	24	conditional	conditional	PROPN
fbem-2630	41	25	fh	fh	PROPN
fbem-2630	41	26	model	model	NOUN
fbem-2630	41	27	improving	improve	VERB
fbem-2630	41	28	the	the	DET
fbem-2630	41	29	fh	fh	PROPN
fbem-2630	41	30	model	model	NOUN
fbem-2630	41	31	1	1	NUM
fbem-2630	41	32	2	2	NUM
fbem-2630	41	33	3	3	NUM
fbem-2630	41	34	β	β	NOUN
fbem-2630	41	35	0.326	0.326	NUM
fbem-2630	41	36	0.331	0.331	NUM
fbem-2630	41	37	1.377	1.377	NUM
fbem-2630	41	38	*	*	PUNCT
fbem-2630	41	39	*	*	PUNCT
fbem-2630	41	40	*	*	PUNCT
fbem-2630	41	41	0.259	0.259	NUM
fbem-2630	41	42	0.434	0.434	NUM
fbem-2630	41	43	*	*	PUNCT
fbem-2630	41	44	(	(	PUNCT
fbem-2630	41	45	1.54	1.54	NUM
fbem-2630	41	46	)	)	PUNCT
fbem-2630	41	47	(	(	PUNCT
fbem-2630	41	48	1.45	1.45	NUM
fbem-2630	41	49	)	)	PUNCT
fbem-2630	41	50	(	(	PUNCT
fbem-2630	41	51	4.33	4.33	NUM
fbem-2630	41	52	)	)	PUNCT
fbem-2630	41	53	(	(	PUNCT
fbem-2630	41	54	1.18	1.18	NUM
fbem-2630	41	55	)	)	PUNCT
fbem-2630	41	56	(	(	PUNCT
fbem-2630	41	57	1.73	1.73	NUM
fbem-2630	41	58	)	)	PUNCT
fbem-2630	41	59	βy	βy	NOUN
fbem-2630	41	60	-7.561	-7.561	PUNCT
fbem-2630	41	61	-1.266	-1.266	X
fbem-2630	41	62	(	(	PUNCT
fbem-2630	41	63	-1.35	-1.35	NOUN
fbem-2630	41	64	)	)	PUNCT
fbem-2630	41	65	(	(	PUNCT
fbem-2630	41	66	-0.75	-0.75	NOUN
fbem-2630	41	67	)	)	PUNCT
fbem-2630	41	68	βf	βf	CCONJ
fbem-2630	41	69	-24.539	-24.539	NOUN
fbem-2630	41	70	*	*	PUNCT
fbem-2630	41	71	*	*	PUNCT
fbem-2630	41	72	*	*	PUNCT
fbem-2630	41	73	-1.889	-1.889	X
fbem-2630	41	74	(	(	PUNCT
fbem-2630	41	75	-4.11	-4.11	NUM
fbem-2630	41	76	)	)	PUNCT
fbem-2630	41	77	(	(	PUNCT
fbem-2630	41	78	-1.30	-1.30	NOUN
fbem-2630	41	79	)	)	PUNCT
fbem-2630	41	80	α	α	NOUN
fbem-2630	41	81	0.612	0.612	NOUN
fbem-2630	41	82	*	*	PUNCT
fbem-2630	41	83	*	*	PUNCT
fbem-2630	41	84	*	*	PUNCT
fbem-2630	41	85	0.626	0.626	NUM
fbem-2630	41	86	*	*	PUNCT
fbem-2630	41	87	*	*	PUNCT
fbem-2630	41	88	*	*	PUNCT
fbem-2630	41	89	0.133	0.133	NUM
fbem-2630	41	90	0.639	0.639	NUM
fbem-2630	41	91	*	*	PUNCT
fbem-2630	41	92	*	*	PUNCT
fbem-2630	41	93	*	*	PUNCT
fbem-2630	41	94	0.595	0.595	NUM
fbem-2630	41	95	*	*	PUNCT
fbem-2630	41	96	*	*	PUNCT
fbem-2630	41	97	*	*	PUNCT
fbem-2630	41	98	(	(	PUNCT
fbem-2630	41	99	5.41	5.41	NUM
fbem-2630	41	100	)	)	PUNCT
fbem-2630	41	101	(	(	PUNCT
fbem-2630	41	102	5.32	5.32	NUM
fbem-2630	41	103	)	)	PUNCT
fbem-2630	41	104	(	(	PUNCT
fbem-2630	41	105	0.86	0.86	NUM
fbem-2630	41	106	)	)	PUNCT
fbem-2630	41	107	(	(	PUNCT
fbem-2630	41	108	5.47	5.47	NUM
fbem-2630	41	109	)	)	PUNCT
fbem-2630	41	110	(	(	PUNCT
fbem-2630	41	111	4.90	4.90	NUM
fbem-2630	41	112	)	)	PUNCT
fbem-2630	41	113	αy	αy	NOUN
fbem-2630	41	114	(	(	PUNCT
fbem-2630	41	115	-0.53	-0.53	NOUN
fbem-2630	41	116	)	)	PUNCT
fbem-2630	41	117	3.432	3.432	NUM
fbem-2630	41	118	(	(	PUNCT
fbem-2630	41	119	-0.45	-0.45	NOUN
fbem-2630	41	120	)	)	PUNCT
fbem-2630	41	121	(	(	PUNCT
fbem-2630	41	122	1.10	1.10	NUM
fbem-2630	41	123	)	)	PUNCT
fbem-2630	41	124	αf	αf	ADP
fbem-2630	41	125	-0.423	-0.423	NOUN
fbem-2630	41	126	11.996	11.996	NUM
fbem-2630	41	127	*	*	PUNCT
fbem-2630	41	128	*	*	PUNCT
fbem-2630	41	129	*	*	PUNCT
fbem-2630	41	130	(	(	PUNCT
fbem-2630	41	131	-0.56	-0.56	NUM
fbem-2630	41	132	)	)	PUNCT
fbem-2630	41	133	(	(	PUNCT
fbem-2630	41	134	3.86	3.86	NUM
fbem-2630	41	135	)	)	PUNCT
fbem-2630	41	136	r2	r2	NOUN
fbem-2630	41	137	0.029	0.029	NUM
fbem-2630	41	138	0.038	0.038	NUM
fbem-2630	41	139	0.208	0.208	NUM
fbem-2630	41	140	0.056	0.056	NUM
fbem-2630	41	141	0.062	0.062	NUM
fbem-2630	41	142	aic	aic	PROPN
fbem-2630	41	143	23.27514	23.27514	NUM
fbem-2630	41	144	26.56804	26.56804	NUM
fbem-2630	41	145	10.79671	10.79671	NUM
fbem-2630	41	146	25.01124	25.01124	NUM
fbem-2630	41	147	24.52174	24.52174	NUM
fbem-2630	41	148	note	note	NOUN
fbem-2630	41	149	:	:	PUNCT
fbem-2630	41	150	*	*	PUNCT
fbem-2630	41	151	,	,	PUNCT
fbem-2630	41	152	*	*	PUNCT
fbem-2630	41	153	*	*	PUNCT
fbem-2630	41	154	,	,	PUNCT
fbem-2630	41	155	*	*	PUNCT
fbem-2630	41	156	*	*	PUNCT
fbem-2630	41	157	*	*	PUNCT
fbem-2630	41	158	denote	denote	NOUN
fbem-2630	41	159	parameters	parameter	NOUN
fbem-2630	41	160	significant	significant	ADJ
fbem-2630	41	161	at	at	ADP
fbem-2630	41	162	the	the	DET
fbem-2630	41	163	10	10	NUM
fbem-2630	41	164	%	%	NOUN
fbem-2630	41	165	,	,	PUNCT
fbem-2630	41	166	5	5	NUM
fbem-2630	41	167	%	%	NOUN
fbem-2630	41	168	,	,	PUNCT
fbem-2630	41	169	and	and	CCONJ
fbem-2630	41	170	1	1	NUM
fbem-2630	41	171	%	%	NOUN
fbem-2630	41	172	significance	significance	NOUN
fbem-2630	41	173	levels	level	NOUN
fbem-2630	41	174	,	,	PUNCT
fbem-2630	41	175	respectively	respectively	ADV
fbem-2630	41	176	,	,	PUNCT
fbem-2630	41	177	and	and	CCONJ
fbem-2630	41	178	t	t	PROPN
fbem-2630	41	179	-	-	PUNCT
fbem-2630	41	180	statistics	statistic	NOUN
fbem-2630	41	181	are	be	AUX
fbem-2630	41	182	in	in	ADP
fbem-2630	41	183	parentheses	parenthesis	NOUN
fbem-2630	41	184	.	.	PUNCT
fbem-2630	42	1	4	4	X
fbem-2630	42	2	.	.	X
fbem-2630	42	3	conclusions	conclusion	NOUN
fbem-2630	42	4	and	and	CCONJ
fbem-2630	42	5	policy	policy	NOUN
fbem-2630	42	6	recommendations	recommendation	NOUN
fbem-2630	42	7	in	in	ADP
fbem-2630	42	8	this	this	DET
fbem-2630	42	9	paper	paper	NOUN
fbem-2630	42	10	,	,	PUNCT
fbem-2630	42	11	an	an	DET
fbem-2630	42	12	empirical	empirical	ADJ
fbem-2630	42	13	analysis	analysis	NOUN
fbem-2630	42	14	was	be	AUX
fbem-2630	42	15	conducted	conduct	VERB
fbem-2630	42	16	using	use	VERB
fbem-2630	42	17	statistical	statistical	ADJ
fbem-2630	42	18	data	datum	NOUN
fbem-2630	42	19	from	from	ADP
fbem-2630	42	20	2010	2010	NUM
fbem-2630	42	21	to	to	ADP
fbem-2630	42	22	2019	2019	NUM
fbem-2630	42	23	through	through	ADP
fbem-2630	42	24	a	a	DET
fbem-2630	42	25	conditional	conditional	ADJ
fbem-2630	42	26	fh	fh	PROPN
fbem-2630	42	27	extension	extension	NOUN
fbem-2630	42	28	model	model	NOUN
fbem-2630	42	29	to	to	PART
fbem-2630	42	30	measure	measure	VERB
fbem-2630	42	31	the	the	DET
fbem-2630	42	32	level	level	NOUN
fbem-2630	42	33	of	of	ADP
fbem-2630	42	34	capital	capital	NOUN
fbem-2630	42	35	flows	flow	NOUN
fbem-2630	42	36	in	in	ADP
fbem-2630	42	37	the	the	DET
fbem-2630	42	38	yangtze	yangtze	PROPN
fbem-2630	42	39	river	river	PROPN
fbem-2630	42	40	delta	delta	PROPN
fbem-2630	42	41	region	region	NOUN
fbem-2630	42	42	and	and	CCONJ
fbem-2630	42	43	explore	explore	VERB
fbem-2630	42	44	the	the	DET
fbem-2630	42	45	factors	factor	NOUN
fbem-2630	42	46	influencing	influence	VERB
fbem-2630	42	47	capital	capital	NOUN
fbem-2630	42	48	flows	flow	NOUN
fbem-2630	42	49	.	.	PUNCT
fbem-2630	43	1	the	the	DET
fbem-2630	43	2	following	follow	VERB
fbem-2630	43	3	conclusions	conclusion	NOUN
fbem-2630	43	4	are	be	AUX
fbem-2630	43	5	drawn	draw	VERB
fbem-2630	43	6	:	:	PUNCT
fbem-2630	43	7	(	(	PUNCT
fbem-2630	43	8	1	1	X
fbem-2630	43	9	)	)	PUNCT
fbem-2630	43	10	the	the	DET
fbem-2630	43	11	level	level	NOUN
fbem-2630	43	12	of	of	ADP
fbem-2630	43	13	capital	capital	NOUN
fbem-2630	43	14	flows	flow	NOUN
fbem-2630	43	15	in	in	ADP
fbem-2630	43	16	the	the	DET
fbem-2630	43	17	yangtze	yangtze	PROPN
fbem-2630	43	18	river	river	PROPN
fbem-2630	43	19	delta	delta	PROPN
fbem-2630	43	20	region	region	PROPN
fbem-2630	43	21	shows	show	VERB
fbem-2630	43	22	a	a	DET
fbem-2630	43	23	trend	trend	NOUN
fbem-2630	43	24	of	of	ADP
fbem-2630	43	25	rising	rise	VERB
fbem-2630	43	26	and	and	CCONJ
fbem-2630	43	27	then	then	ADV
fbem-2630	43	28	falling	fall	VERB
fbem-2630	43	29	,	,	PUNCT
fbem-2630	43	30	but	but	CCONJ
fbem-2630	43	31	the	the	DET
fbem-2630	43	32	overall	overall	ADJ
fbem-2630	43	33	level	level	NOUN
fbem-2630	43	34	of	of	ADP
fbem-2630	43	35	capital	capital	NOUN
fbem-2630	43	36	flows	flow	NOUN
fbem-2630	43	37	is	be	AUX
fbem-2630	43	38	better	well	ADJ
fbem-2630	43	39	,	,	PUNCT
fbem-2630	43	40	which	which	PRON
fbem-2630	43	41	is	be	AUX
fbem-2630	43	42	inseparable	inseparable	ADJ
fbem-2630	43	43	from	from	ADP
fbem-2630	43	44	the	the	DET
fbem-2630	43	45	macroeconomic	macroeconomic	ADJ
fbem-2630	43	46	policy	policy	NOUN
fbem-2630	43	47	of	of	ADP
fbem-2630	43	48	local	local	ADJ
fbem-2630	43	49	open	open	ADJ
fbem-2630	43	50	development	development	NOUN
fbem-2630	43	51	.	.	PUNCT
fbem-2630	44	1	(	(	PUNCT
fbem-2630	44	2	2	2	NUM
fbem-2630	44	3	)	)	PUNCT
fbem-2630	44	4	compared	compare	VERB
fbem-2630	44	5	with	with	ADP
fbem-2630	44	6	real	real	ADJ
fbem-2630	44	7	estate	estate	NOUN
fbem-2630	44	8	prices	price	NOUN
fbem-2630	44	9	,	,	PUNCT
fbem-2630	44	10	the	the	DET
fbem-2630	44	11	rise	rise	NOUN
fbem-2630	44	12	of	of	ADP
fbem-2630	44	13	stock	stock	NOUN
fbem-2630	44	14	market	market	NOUN
fbem-2630	44	15	price	price	NOUN
fbem-2630	44	16	index	index	NOUN
fbem-2630	44	17	is	be	AUX
fbem-2630	44	18	more	more	ADV
fbem-2630	44	19	likely	likely	ADJ
fbem-2630	44	20	to	to	PART
fbem-2630	44	21	promote	promote	VERB
fbem-2630	44	22	the	the	DET
fbem-2630	44	23	flow	flow	NOUN
fbem-2630	44	24	of	of	ADP
fbem-2630	44	25	capital	capital	NOUN
fbem-2630	44	26	between	between	ADP
fbem-2630	44	27	regions	region	NOUN
fbem-2630	44	28	,	,	PUNCT
fbem-2630	44	29	while	while	SCONJ
fbem-2630	44	30	the	the	DET
fbem-2630	44	31	credit	credit	NOUN
fbem-2630	44	32	policy	policy	NOUN
fbem-2630	44	33	of	of	ADP
fbem-2630	44	34	banks	bank	NOUN
fbem-2630	44	35	and	and	CCONJ
fbem-2630	44	36	the	the	DET
fbem-2630	44	37	change	change	NOUN
fbem-2630	44	38	of	of	ADP
fbem-2630	44	39	exchange	exchange	NOUN
fbem-2630	44	40	rate	rate	NOUN
fbem-2630	44	41	are	be	AUX
fbem-2630	44	42	also	also	ADV
fbem-2630	44	43	the	the	DET
fbem-2630	44	44	most	most	ADV
fbem-2630	44	45	important	important	ADJ
fbem-2630	44	46	driving	drive	VERB
fbem-2630	44	47	forces	force	NOUN
fbem-2630	44	48	leading	lead	VERB
fbem-2630	44	49	to	to	ADP
fbem-2630	44	50	capital	capital	NOUN
fbem-2630	44	51	flow	flow	NOUN
fbem-2630	44	52	.	.	PUNCT
fbem-2630	45	1	based	base	VERB
fbem-2630	45	2	on	on	ADP
fbem-2630	45	3	this	this	PRON
fbem-2630	45	4	,	,	PUNCT
fbem-2630	45	5	this	this	DET
fbem-2630	45	6	paper	paper	NOUN
fbem-2630	45	7	puts	put	VERB
fbem-2630	45	8	forward	forward	ADV
fbem-2630	45	9	the	the	DET
fbem-2630	45	10	following	follow	VERB
fbem-2630	45	11	policy	policy	NOUN
fbem-2630	45	12	recommendations	recommendation	NOUN
fbem-2630	45	13	:	:	PUNCT
fbem-2630	45	14	(	(	PUNCT
fbem-2630	45	15	1	1	X
fbem-2630	45	16	)	)	PUNCT
fbem-2630	45	17	expand	expand	VERB
fbem-2630	45	18	the	the	DET
fbem-2630	45	19	degree	degree	NOUN
fbem-2630	45	20	of	of	ADP
fbem-2630	45	21	openness	openness	NOUN
fbem-2630	45	22	and	and	CCONJ
fbem-2630	45	23	reduce	reduce	VERB
fbem-2630	45	24	restrictions	restriction	NOUN
fbem-2630	45	25	on	on	ADP
fbem-2630	45	26	foreign	foreign	ADJ
fbem-2630	45	27	direct	direct	ADJ
fbem-2630	45	28	investment	investment	NOUN
fbem-2630	45	29	.	.	PUNCT
fbem-2630	46	1	the	the	DET
fbem-2630	46	2	study	study	NOUN
fbem-2630	46	3	concludes	conclude	VERB
fbem-2630	46	4	that	that	SCONJ
fbem-2630	46	5	increasing	increase	VERB
fbem-2630	46	6	the	the	DET
fbem-2630	46	7	degree	degree	NOUN
fbem-2630	46	8	of	of	ADP
fbem-2630	46	9	openness	openness	NOUN
fbem-2630	46	10	to	to	ADP
fbem-2630	46	11	the	the	DET
fbem-2630	46	12	outside	outside	ADJ
fbem-2630	46	13	world	world	NOUN
fbem-2630	46	14	has	have	VERB
fbem-2630	46	15	a	a	DET
fbem-2630	46	16	certain	certain	ADJ
fbem-2630	46	17	promotion	promotion	NOUN
fbem-2630	46	18	effect	effect	NOUN
fbem-2630	46	19	on	on	ADP
fbem-2630	46	20	capital	capital	NOUN
fbem-2630	46	21	flows	flow	NOUN
fbem-2630	46	22	.	.	PUNCT
fbem-2630	47	1	at	at	ADP
fbem-2630	47	2	present	present	ADJ
fbem-2630	47	3	,	,	PUNCT
fbem-2630	47	4	the	the	DET
fbem-2630	47	5	yangtze	yangtze	PROPN
fbem-2630	47	6	river	river	PROPN
fbem-2630	47	7	delta	delta	PROPN
fbem-2630	47	8	region	region	NOUN
fbem-2630	47	9	has	have	VERB
fbem-2630	47	10	uneven	uneven	ADJ
fbem-2630	47	11	development	development	NOUN
fbem-2630	47	12	and	and	CCONJ
fbem-2630	47	13	the	the	DET
fbem-2630	47	14	degree	degree	NOUN
fbem-2630	47	15	of	of	ADP
fbem-2630	47	16	openness	openness	NOUN
fbem-2630	47	17	varies	vary	VERB
fbem-2630	47	18	from	from	ADP
fbem-2630	47	19	region	region	NOUN
fbem-2630	47	20	to	to	ADP
fbem-2630	47	21	region	region	NOUN
fbem-2630	47	22	.	.	PUNCT
fbem-2630	48	1	(	(	PUNCT
fbem-2630	48	2	2	2	X
fbem-2630	48	3	)	)	PUNCT
fbem-2630	48	4	appropriately	appropriately	ADV
fbem-2630	48	5	promote	promote	VERB
fbem-2630	48	6	the	the	DET
fbem-2630	48	7	process	process	NOUN
fbem-2630	48	8	of	of	ADP
fbem-2630	48	9	interest	interest	NOUN
fbem-2630	48	10	rate	rate	NOUN
fbem-2630	48	11	marketization	marketization	NOUN
fbem-2630	48	12	.	.	PUNCT
fbem-2630	49	1	changes	change	NOUN
fbem-2630	49	2	in	in	ADP
fbem-2630	49	3	interest	interest	NOUN
fbem-2630	49	4	rates	rate	NOUN
fbem-2630	49	5	are	be	AUX
fbem-2630	49	6	an	an	DET
fbem-2630	49	7	important	important	ADJ
fbem-2630	49	8	factor	factor	NOUN
fbem-2630	49	9	affecting	affect	VERB
fbem-2630	49	10	capital	capital	NOUN
fbem-2630	49	11	flows	flow	NOUN
fbem-2630	49	12	,	,	PUNCT
fbem-2630	49	13	and	and	CCONJ
fbem-2630	49	14	the	the	DET
fbem-2630	49	15	advancement	advancement	NOUN
fbem-2630	49	16	of	of	ADP
fbem-2630	49	17	interest	interest	NOUN
fbem-2630	49	18	rate	rate	NOUN
fbem-2630	49	19	marketization	marketization	NOUN
fbem-2630	49	20	has	have	AUX
fbem-2630	49	21	liberalized	liberalize	VERB
fbem-2630	49	22	the	the	DET
fbem-2630	49	23	range	range	NOUN
fbem-2630	49	24	of	of	ADP
fbem-2630	49	25	interest	interest	NOUN
fbem-2630	49	26	rate	rate	NOUN
fbem-2630	49	27	fluctuations	fluctuation	NOUN
fbem-2630	49	28	.	.	PUNCT
fbem-2630	50	1	in	in	ADP
fbem-2630	50	2	turn	turn	NOUN
fbem-2630	50	3	,	,	PUNCT
fbem-2630	50	4	fluctuating	fluctuate	VERB
fbem-2630	50	5	interest	interest	NOUN
fbem-2630	50	6	rates	rate	NOUN
fbem-2630	50	7	will	will	AUX
fbem-2630	50	8	seek	seek	VERB
fbem-2630	50	9	to	to	PART
fbem-2630	50	10	further	far	ADV
fbem-2630	50	11	free	free	VERB
fbem-2630	50	12	themselves	themselves	PRON
fbem-2630	50	13	from	from	ADP
fbem-2630	50	14	interest	interest	NOUN
fbem-2630	50	15	rate	rate	NOUN
fbem-2630	50	16	controls	control	NOUN
fbem-2630	50	17	,	,	PUNCT
fbem-2630	50	18	and	and	CCONJ
fbem-2630	50	19	institutional	institutional	ADJ
fbem-2630	50	20	constraints	constraint	NOUN
fbem-2630	50	21	form	form	VERB
fbem-2630	50	22	the	the	DET
fbem-2630	50	23	compulsory	compulsory	ADJ
fbem-2630	50	24	mechanism	mechanism	NOUN
fbem-2630	50	25	of	of	ADP
fbem-2630	50	26	interest	interest	NOUN
fbem-2630	50	27	rate	rate	NOUN
fbem-2630	50	28	marketization	marketization	NOUN
fbem-2630	50	29	.	.	PUNCT
fbem-2630	51	1	references	reference	NOUN
fbem-2630	51	2	[	[	X
fbem-2630	51	3	1	1	NUM
fbem-2630	51	4	]	]	X
fbem-2630	51	5	w.x	w.x	PROPN
fbem-2630	51	6	.	.	PROPN
fbem-2630	51	7	luo	luo	PROPN
fbem-2630	51	8	.	.	PUNCT
fbem-2630	52	1	an	an	DET
fbem-2630	52	2	introduction	introduction	NOUN
fbem-2630	52	3	to	to	ADP
fbem-2630	52	4	the	the	DET
fbem-2630	52	5	location	location	NOUN
fbem-2630	52	6	advantage	advantage	NOUN
fbem-2630	52	7	of	of	ADP
fbem-2630	52	8	china	china	PROPN
fbem-2630	52	9	's	's	PART
fbem-2630	52	10	high	high	ADJ
fbem-2630	52	11	-	-	PUNCT
fbem-2630	52	12	tech	tech	NOUN
fbem-2630	52	13	industry	industry	NOUN
fbem-2630	52	14	in	in	ADP
fbem-2630	52	15	absorbing	absorb	VERB
fbem-2630	52	16	cross	cross	ADJ
fbem-2630	52	17	-	-	ADJ
fbem-2630	52	18	border	border	ADJ
fbem-2630	52	19	direct	direct	ADJ
fbem-2630	52	20	investment	investment	NOUN
fbem-2630	52	21	-	-	PUNCT
fbem-2630	52	22	based	base	VERB
fbem-2630	52	23	on	on	ADP
fbem-2630	52	24	the	the	DET
fbem-2630	52	25	international	international	ADJ
fbem-2630	52	26	production	production	NOUN
fbem-2630	52	27	trade	trade	NOUN
fbem-2630	52	28	-	-	PUNCT
fbem-2630	52	29	off	off	ADP
fbem-2630	52	30	theory	theory	NOUN
fbem-2630	52	31	,	,	PUNCT
fbem-2630	52	32	journal	journal	NOUN
fbem-2630	52	33	of	of	ADP
fbem-2630	52	34	science	science	NOUN
fbem-2630	52	35	and	and	CCONJ
fbem-2630	52	36	technology	technology	NOUN
fbem-2630	52	37	economy	economy	NOUN
fbem-2630	52	38	,	,	PUNCT
fbem-2630	52	39	vol	vol	NOUN
fbem-2630	52	40	.	.	PROPN
fbem-2630	52	41	28	28	NUM
fbem-2630	52	42	(	(	PUNCT
fbem-2630	52	43	2020),244	2020),244	NUM
fbem-2630	52	44	.	.	PUNCT
fbem-2630	53	1	[	[	X
fbem-2630	53	2	2	2	X
fbem-2630	53	3	]	]	X
fbem-2630	53	4	g.j	g.j	PROPN
fbem-2630	53	5	.	.	PROPN
fbem-2630	53	6	yang	yang	PROPN
fbem-2630	53	7	.	.	PUNCT
fbem-2630	54	1	measurement	measurement	PROPN
fbem-2630	54	2	of	of	ADP
fbem-2630	54	3	capital	capital	NOUN
fbem-2630	54	4	flow	flow	NOUN
fbem-2630	54	5	level	level	NOUN
fbem-2630	54	6	in	in	ADP
fbem-2630	54	7	beijingtianjin	beijingtianjin	NOUN
fbem-2630	54	8	-	-	PUNCT
fbem-2630	54	9	hebei	hebei	NOUN
fbem-2630	54	10	region	region	NOUN
fbem-2630	54	11	based	base	VERB
fbem-2630	54	12	on	on	ADP
fbem-2630	54	13	saving	saving	NOUN
fbem-2630	54	14	-	-	PUNCT
fbem-2630	54	15	investment	investment	NOUN
fbem-2630	54	16	relationship	relationship	NOUN
fbem-2630	54	17	,	,	PUNCT
fbem-2630	54	18	journal	journal	NOUN
fbem-2630	54	19	of	of	ADP
fbem-2630	54	20	hebei	hebei	PROPN
fbem-2630	54	21	university	university	PROPN
fbem-2630	54	22	(	(	PUNCT
fbem-2630	54	23	philosophy	philosophy	NOUN
fbem-2630	54	24	and	and	CCONJ
fbem-2630	54	25	social	social	ADJ
fbem-2630	54	26	science	science	NOUN
fbem-2630	54	27	edition	edition	NOUN
fbem-2630	54	28	)	)	PUNCT
fbem-2630	54	29	,	,	PUNCT
fbem-2630	54	30	vol	vol	NOUN
fbem-2630	54	31	.	.	PROPN
fbem-2630	55	1	43	43	NUM
fbem-2630	55	2	(	(	PUNCT
fbem-2630	55	3	2018),52	2018),52	NUM
fbem-2630	55	4	-	-	SYM
fbem-2630	55	5	61	61	NUM
fbem-2630	55	6	.	.	PUNCT
fbem-2630	56	1	[	[	X
fbem-2630	56	2	3	3	X
fbem-2630	56	3	]	]	PUNCT
fbem-2630	56	4	x.	x.	NOUN
fbem-2630	56	5	wang	wang	PROPN
fbem-2630	56	6	.	.	PUNCT
fbem-2630	57	1	analysis	analysis	NOUN
fbem-2630	57	2	of	of	ADP
fbem-2630	57	3	regional	regional	ADJ
fbem-2630	57	4	capital	capital	NOUN
fbem-2630	57	5	flow	flow	NOUN
fbem-2630	57	6	differences	difference	NOUN
fbem-2630	57	7	in	in	ADP
fbem-2630	57	8	china	china	PROPN
fbem-2630	57	9	under	under	ADP
fbem-2630	57	10	fdi	fdi	NOUN
fbem-2630	57	11	inflows	inflow	NOUN
fbem-2630	57	12	,	,	PUNCT
fbem-2630	57	13	cooperative	cooperative	ADJ
fbem-2630	57	14	economics	economic	NOUN
fbem-2630	57	15	and	and	CCONJ
fbem-2630	57	16	technology	technology	NOUN
fbem-2630	57	17	,	,	PUNCT
fbem-2630	57	18	vol	vol	NOUN
fbem-2630	57	19	.	.	PROPN
fbem-2630	57	20	5	5	NUM
fbem-2630	57	21	(	(	PUNCT
fbem-2630	57	22	2018),50	2018),50	NUM
fbem-2630	57	23	-	-	SYM
fbem-2630	57	24	52	52	NUM
fbem-2630	57	25	.	.	PUNCT
fbem-2630	58	1	[	[	X
fbem-2630	58	2	4	4	NUM
fbem-2630	58	3	]	]	X
fbem-2630	58	4	l.l	l.l	PROPN
fbem-2630	58	5	.	.	PROPN
fbem-2630	58	6	feng	feng	PROPN
fbem-2630	58	7	.	.	PUNCT
fbem-2630	59	1	research	research	NOUN
fbem-2630	59	2	on	on	ADP
fbem-2630	59	3	the	the	DET
fbem-2630	59	4	current	current	ADJ
fbem-2630	59	5	situation	situation	NOUN
fbem-2630	59	6	,	,	PUNCT
fbem-2630	59	7	problems	problem	NOUN
fbem-2630	59	8	and	and	CCONJ
fbem-2630	59	9	countermeasures	countermeasure	NOUN
fbem-2630	59	10	of	of	ADP
fbem-2630	59	11	economic	economic	ADJ
fbem-2630	59	12	integration	integration	NOUN
fbem-2630	59	13	and	and	CCONJ
fbem-2630	59	14	capital	capital	NOUN
fbem-2630	59	15	flow	flow	NOUN
fbem-2630	59	16	in	in	ADP
fbem-2630	59	17	beijing	beijing	PROPN
fbem-2630	59	18	,	,	PUNCT
fbem-2630	59	19	tianjin	tianjin	PROPN
fbem-2630	59	20	and	and	CCONJ
fbem-2630	59	21	hebei	hebei	PROPN
fbem-2630	59	22	,	,	PUNCT
fbem-2630	59	23	china	china	PROPN
fbem-2630	59	24	civil	civil	ADJ
fbem-2630	59	25	and	and	CCONJ
fbem-2630	59	26	commercial	commercial	ADJ
fbem-2630	59	27	,	,	PUNCT
fbem-2630	59	28	vol	vol	NOUN
fbem-2630	59	29	.	.	PUNCT
fbem-2630	59	30	02	02	NUM
fbem-2630	59	31	(	(	PUNCT
fbem-2630	59	32	2018),1	2018),1	NUM
fbem-2630	59	33	-	-	SYM
fbem-2630	59	34	2	2	NUM
fbem-2630	59	35	.	.	PUNCT
fbem-2630	60	1	[	[	X
fbem-2630	60	2	5	5	X
fbem-2630	60	3	]	]	X
fbem-2630	60	4	z.x	z.x	PROPN
fbem-2630	60	5	.	.	PROPN
fbem-2630	60	6	wang	wang	PROPN
fbem-2630	60	7	.	.	PUNCT
fbem-2630	61	1	research	research	NOUN
fbem-2630	61	2	on	on	ADP
fbem-2630	61	3	capital	capital	NOUN
fbem-2630	61	4	flow	flow	NOUN
fbem-2630	61	5	in	in	ADP
fbem-2630	61	6	china	china	PROPN
fbem-2630	61	7	's	's	PART
fbem-2630	61	8	provinces	province	NOUN
fbem-2630	61	9	and	and	CCONJ
fbem-2630	61	10	regions	region	NOUN
fbem-2630	61	11	--	--	PUNCT
fbem-2630	61	12	analysis	analysis	NOUN
fbem-2630	61	13	based	base	VERB
fbem-2630	61	14	on	on	ADP
fbem-2630	61	15	data	datum	NOUN
fbem-2630	61	16	from	from	ADP
fbem-2630	61	17	1978	1978	NUM
fbem-2630	61	18	-	-	PUNCT
fbem-2630	61	19	2015,financial	2015,financial	ADJ
fbem-2630	61	20	theory	theory	NOUN
fbem-2630	61	21	and	and	CCONJ
fbem-2630	61	22	practice	practice	NOUN
fbem-2630	61	23	,	,	PUNCT
fbem-2630	61	24	vol	vol	NOUN
fbem-2630	61	25	.	.	PROPN
fbem-2630	61	26	01	01	NUM
fbem-2630	62	1	(	(	PUNCT
fbem-2630	62	2	2020),36	2020),36	NUM
fbem-2630	62	3	-	-	SYM
fbem-2630	62	4	39	39	NUM
fbem-2630	62	5	.	.	PUNCT