id	sid	tid	token	lemma	pos
fbem-31122	1	1	frontiers	frontier	NOUN
fbem-31122	1	2	in	in	ADP
fbem-31122	1	3	business	business	NOUN
fbem-31122	1	4	,	,	PUNCT
fbem-31122	1	5	economics	economic	NOUN
fbem-31122	1	6	and	and	CCONJ
fbem-31122	1	7	management	management	NOUN
fbem-31122	1	8	issn	issn	PROPN
fbem-31122	1	9	:	:	PUNCT
fbem-31122	1	10	2766	2766	NUM
fbem-31122	1	11	-	-	PUNCT
fbem-31122	1	12	824x	824x	NUM
fbem-31122	1	13	|	|	ADJ
fbem-31122	1	14	vol	vol	NOUN
fbem-31122	1	15	.	.	PROPN
fbem-31122	2	1	19	19	NUM
fbem-31122	2	2	,	,	PUNCT
fbem-31122	2	3	no	no	INTJ
fbem-31122	2	4	.	.	NOUN
fbem-31122	2	5	3	3	NUM
fbem-31122	2	6	,	,	PUNCT
fbem-31122	2	7	2025	2025	NUM
fbem-31122	2	8	142	142	NUM
fbem-31122	3	1	the	the	DET
fbem-31122	3	2	impact	impact	NOUN
fbem-31122	3	3	of	of	ADP
fbem-31122	3	4	green	green	ADJ
fbem-31122	3	5	finance	finance	NOUN
fbem-31122	3	6	policy	policy	NOUN
fbem-31122	3	7	on	on	ADP
fbem-31122	3	8	the	the	DET
fbem-31122	3	9	capital	capital	NOUN
fbem-31122	3	10	structure	structure	NOUN
fbem-31122	3	11	of	of	ADP
fbem-31122	3	12	the	the	DET
fbem-31122	3	13	uk	uk	PROPN
fbem-31122	3	14	manufacturing	manufacture	VERB
fbem-31122	3	15	industry	industry	NOUN
fbem-31122	3	16	haipeng	haipeng	NOUN
fbem-31122	3	17	zhao	zhao	PROPN
fbem-31122	3	18	*	*	PUNCT
fbem-31122	3	19	adam	adam	PROPN
fbem-31122	3	20	smith	smith	PROPN
fbem-31122	3	21	business	business	PROPN
fbem-31122	3	22	school	school	PROPN
fbem-31122	3	23	,	,	PUNCT
fbem-31122	3	24	university	university	NOUN
fbem-31122	3	25	of	of	ADP
fbem-31122	3	26	glasgow	glasgow	PROPN
fbem-31122	3	27	,	,	PUNCT
fbem-31122	3	28	glasgow	glasgow	PROPN
fbem-31122	3	29	,	,	PUNCT
fbem-31122	3	30	uk	uk	PROPN
fbem-31122	3	31	*	*	PUNCT
fbem-31122	3	32	corresponding	correspond	VERB
fbem-31122	3	33	author	author	NOUN
fbem-31122	3	34	abstract	abstract	NOUN
fbem-31122	3	35	:	:	PUNCT
fbem-31122	3	36	in	in	ADP
fbem-31122	3	37	response	response	NOUN
fbem-31122	3	38	to	to	ADP
fbem-31122	3	39	climate	climate	NOUN
fbem-31122	3	40	change	change	NOUN
fbem-31122	3	41	,	,	PUNCT
fbem-31122	3	42	the	the	DET
fbem-31122	3	43	uk	uk	PROPN
fbem-31122	3	44	government	government	NOUN
fbem-31122	3	45	released	release	VERB
fbem-31122	3	46	the	the	DET
fbem-31122	3	47	report	report	NOUN
fbem-31122	3	48	‘	'	PUNCT
fbem-31122	3	49	net	net	ADJ
fbem-31122	3	50	zero	zero	NUM
fbem-31122	3	51	emissions	emission	NOUN
fbem-31122	3	52	and	and	CCONJ
fbem-31122	3	53	the	the	DET
fbem-31122	3	54	future	future	NOUN
fbem-31122	3	55	of	of	ADP
fbem-31122	3	56	green	green	ADJ
fbem-31122	3	57	finance	finance	NOUN
fbem-31122	3	58	’	'	PUNCT
fbem-31122	3	59	in	in	ADP
fbem-31122	3	60	2019	2019	NUM
fbem-31122	3	61	,	,	PUNCT
fbem-31122	3	62	aiming	aim	VERB
fbem-31122	3	63	to	to	PART
fbem-31122	3	64	guide	guide	VERB
fbem-31122	3	65	capital	capital	NOUN
fbem-31122	3	66	flows	flow	NOUN
fbem-31122	3	67	to	to	ADP
fbem-31122	3	68	low	low	ADJ
fbem-31122	3	69	-	-	PUNCT
fbem-31122	3	70	carbon	carbon	NOUN
fbem-31122	3	71	sectors	sector	NOUN
fbem-31122	3	72	and	and	CCONJ
fbem-31122	3	73	promote	promote	VERB
fbem-31122	3	74	green	green	ADJ
fbem-31122	3	75	transformation	transformation	NOUN
fbem-31122	3	76	in	in	ADP
fbem-31122	3	77	the	the	DET
fbem-31122	3	78	manufacturing	manufacturing	NOUN
fbem-31122	3	79	sector	sector	NOUN
fbem-31122	3	80	through	through	ADP
fbem-31122	3	81	green	green	ADJ
fbem-31122	3	82	finance	finance	NOUN
fbem-31122	3	83	policies	policy	NOUN
fbem-31122	3	84	.	.	PUNCT
fbem-31122	4	1	taking	take	VERB
fbem-31122	4	2	the	the	DET
fbem-31122	4	3	panel	panel	NOUN
fbem-31122	4	4	data	datum	NOUN
fbem-31122	4	5	of	of	ADP
fbem-31122	4	6	uk	uk	PROPN
fbem-31122	4	7	manufacturing	manufacturing	NOUN
fbem-31122	4	8	firms	firm	NOUN
fbem-31122	4	9	from	from	ADP
fbem-31122	4	10	2015	2015	NUM
fbem-31122	4	11	-	-	SYM
fbem-31122	4	12	2022	2022	NUM
fbem-31122	4	13	as	as	ADP
fbem-31122	4	14	a	a	DET
fbem-31122	4	15	sample	sample	NOUN
fbem-31122	4	16	,	,	PUNCT
fbem-31122	4	17	this	this	DET
fbem-31122	4	18	paper	paper	NOUN
fbem-31122	4	19	constructs	construct	VERB
fbem-31122	4	20	a	a	DET
fbem-31122	4	21	quasi	quasi	ADJ
fbem-31122	4	22	-	-	ADJ
fbem-31122	4	23	natural	natural	ADJ
fbem-31122	4	24	experiment	experiment	NOUN
fbem-31122	4	25	based	base	VERB
fbem-31122	4	26	on	on	ADP
fbem-31122	4	27	the	the	DET
fbem-31122	4	28	2019	2019	NUM
fbem-31122	4	29	policy	policy	NOUN
fbem-31122	4	30	,	,	PUNCT
fbem-31122	4	31	and	and	CCONJ
fbem-31122	4	32	analyses	analyse	VERB
fbem-31122	4	33	the	the	DET
fbem-31122	4	34	causal	causal	ADJ
fbem-31122	4	35	effect	effect	NOUN
fbem-31122	4	36	of	of	ADP
fbem-31122	4	37	green	green	ADJ
fbem-31122	4	38	finance	finance	NOUN
fbem-31122	4	39	policy	policy	NOUN
fbem-31122	4	40	on	on	ADP
fbem-31122	4	41	capital	capital	NOUN
fbem-31122	4	42	structure	structure	NOUN
fbem-31122	4	43	using	use	VERB
fbem-31122	4	44	a	a	DET
fbem-31122	4	45	difference	difference	NOUN
fbem-31122	4	46	in	in	ADP
fbem-31122	4	47	difference	difference	NOUN
fbem-31122	4	48	model	model	NOUN
fbem-31122	4	49	(	(	PUNCT
fbem-31122	4	50	did	do	AUX
fbem-31122	4	51	)	)	PUNCT
fbem-31122	4	52	.	.	PUNCT
fbem-31122	5	1	the	the	DET
fbem-31122	5	2	study	study	NOUN
fbem-31122	5	3	sets	set	VERB
fbem-31122	5	4	capital	capital	NOUN
fbem-31122	5	5	goods	good	NOUN
fbem-31122	5	6	manufacturing	manufacturing	NOUN
fbem-31122	5	7	firms	firm	NOUN
fbem-31122	5	8	as	as	ADP
fbem-31122	5	9	the	the	DET
fbem-31122	5	10	experimental	experimental	ADJ
fbem-31122	5	11	group	group	NOUN
fbem-31122	5	12	(	(	PUNCT
fbem-31122	5	13	gics	gic	NOUN
fbem-31122	5	14	code	code	VERB
fbem-31122	5	15	beginning	begin	VERB
fbem-31122	5	16	with	with	ADP
fbem-31122	5	17	2010	2010	NUM
fbem-31122	5	18	)	)	PUNCT
fbem-31122	5	19	and	and	CCONJ
fbem-31122	5	20	other	other	ADJ
fbem-31122	5	21	product	product	NOUN
fbem-31122	5	22	manufacturing	manufacturing	NOUN
fbem-31122	5	23	firms	firm	NOUN
fbem-31122	5	24	as	as	ADP
fbem-31122	5	25	the	the	DET
fbem-31122	5	26	control	control	NOUN
fbem-31122	5	27	group	group	NOUN
fbem-31122	5	28	,	,	PUNCT
fbem-31122	5	29	and	and	CCONJ
fbem-31122	5	30	further	far	ADV
fbem-31122	5	31	examines	examine	VERB
fbem-31122	5	32	the	the	DET
fbem-31122	5	33	heterogeneous	heterogeneous	ADJ
fbem-31122	5	34	effects	effect	NOUN
fbem-31122	5	35	of	of	ADP
fbem-31122	5	36	financing	financing	NOUN
fbem-31122	5	37	constraints	constraint	NOUN
fbem-31122	5	38	and	and	CCONJ
fbem-31122	5	39	firm	firm	ADJ
fbem-31122	5	40	size	size	NOUN
fbem-31122	5	41	.	.	PUNCT
fbem-31122	6	1	the	the	DET
fbem-31122	6	2	results	result	NOUN
fbem-31122	6	3	show	show	VERB
fbem-31122	6	4	that	that	SCONJ
fbem-31122	6	5	the	the	DET
fbem-31122	6	6	policy	policy	NOUN
fbem-31122	6	7	significantly	significantly	ADV
fbem-31122	6	8	reduces	reduce	VERB
fbem-31122	6	9	the	the	DET
fbem-31122	6	10	financial	financial	ADJ
fbem-31122	6	11	leverage	leverage	NOUN
fbem-31122	6	12	of	of	ADP
fbem-31122	6	13	capital	capital	NOUN
fbem-31122	6	14	goods	good	NOUN
fbem-31122	6	15	firms	firm	NOUN
fbem-31122	6	16	,	,	PUNCT
fbem-31122	6	17	and	and	CCONJ
fbem-31122	6	18	the	the	DET
fbem-31122	6	19	effect	effect	NOUN
fbem-31122	6	20	is	be	AUX
fbem-31122	6	21	more	more	ADV
fbem-31122	6	22	prominent	prominent	ADJ
fbem-31122	6	23	for	for	ADP
fbem-31122	6	24	firms	firm	NOUN
fbem-31122	6	25	with	with	ADP
fbem-31122	6	26	high	high	ADJ
fbem-31122	6	27	financing	financing	NOUN
fbem-31122	6	28	constraints	constraint	NOUN
fbem-31122	6	29	and	and	CCONJ
fbem-31122	6	30	smaller	small	ADJ
fbem-31122	6	31	size	size	NOUN
fbem-31122	6	32	.	.	PUNCT
fbem-31122	7	1	based	base	VERB
fbem-31122	7	2	on	on	ADP
fbem-31122	7	3	the	the	DET
fbem-31122	7	4	results	result	NOUN
fbem-31122	7	5	,	,	PUNCT
fbem-31122	7	6	this	this	DET
fbem-31122	7	7	paper	paper	NOUN
fbem-31122	7	8	proposes	propose	VERB
fbem-31122	7	9	policy	policy	NOUN
fbem-31122	7	10	optimisation	optimisation	NOUN
fbem-31122	7	11	proposals	proposal	NOUN
fbem-31122	7	12	at	at	ADP
fbem-31122	7	13	the	the	DET
fbem-31122	7	14	government	government	NOUN
fbem-31122	7	15	,	,	PUNCT
fbem-31122	7	16	financial	financial	ADJ
fbem-31122	7	17	institution	institution	NOUN
fbem-31122	7	18	and	and	CCONJ
fbem-31122	7	19	enterprise	enterprise	NOUN
fbem-31122	7	20	levels	level	NOUN
fbem-31122	7	21	to	to	PART
fbem-31122	7	22	help	help	VERB
fbem-31122	7	23	achieve	achieve	VERB
fbem-31122	7	24	the	the	DET
fbem-31122	7	25	goal	goal	NOUN
fbem-31122	7	26	of	of	ADP
fbem-31122	7	27	"	"	PUNCT
fbem-31122	7	28	net	net	ADJ
fbem-31122	7	29	-	-	PUNCT
fbem-31122	7	30	zero	zero	NUM
fbem-31122	7	31	emissions	emission	NOUN
fbem-31122	7	32	"	"	PUNCT
fbem-31122	7	33	.	.	PUNCT
fbem-31122	8	1	keywords	keyword	NOUN
fbem-31122	8	2	:	:	PUNCT
fbem-31122	8	3	green	green	ADJ
fbem-31122	8	4	financial	financial	ADJ
fbem-31122	8	5	policies	policy	NOUN
fbem-31122	8	6	;	;	PUNCT
fbem-31122	8	7	capital	capital	NOUN
fbem-31122	8	8	structure	structure	NOUN
fbem-31122	8	9	;	;	PUNCT
fbem-31122	8	10	difference	difference	NOUN
fbem-31122	8	11	in	in	ADP
fbem-31122	8	12	difference	difference	NOUN
fbem-31122	8	13	model	model	NOUN
fbem-31122	8	14	;	;	PUNCT
fbem-31122	8	15	manufacturing	manufacturing	NOUN
fbem-31122	8	16	firms	firm	NOUN
fbem-31122	8	17	;	;	PUNCT
fbem-31122	8	18	firm	firm	ADJ
fbem-31122	8	19	size	size	NOUN
fbem-31122	8	20	.	.	PUNCT
fbem-31122	9	1	1	1	X
fbem-31122	9	2	.	.	X
fbem-31122	9	3	introduction	introduction	NOUN
fbem-31122	9	4	since	since	SCONJ
fbem-31122	9	5	the	the	DET
fbem-31122	9	6	21st	21st	ADJ
fbem-31122	9	7	century	century	NOUN
fbem-31122	9	8	,	,	PUNCT
fbem-31122	9	9	global	global	ADJ
fbem-31122	9	10	climate	climate	NOUN
fbem-31122	9	11	change	change	NOUN
fbem-31122	9	12	has	have	AUX
fbem-31122	9	13	intensified	intensify	VERB
fbem-31122	9	14	due	due	ADJ
fbem-31122	9	15	to	to	ADP
fbem-31122	9	16	excessive	excessive	ADJ
fbem-31122	9	17	fossil	fossil	NOUN
fbem-31122	9	18	fuel	fuel	NOUN
fbem-31122	9	19	consumption	consumption	NOUN
fbem-31122	9	20	and	and	CCONJ
fbem-31122	9	21	environmental	environmental	ADJ
fbem-31122	9	22	degradation	degradation	NOUN
fbem-31122	9	23	.	.	PUNCT
fbem-31122	10	1	rising	rise	VERB
fbem-31122	10	2	risks	risk	NOUN
fbem-31122	10	3	of	of	ADP
fbem-31122	10	4	extreme	extreme	ADJ
fbem-31122	10	5	weather	weather	NOUN
fbem-31122	10	6	events	event	NOUN
fbem-31122	10	7	and	and	CCONJ
fbem-31122	10	8	sea	sea	NOUN
fbem-31122	10	9	-	-	PUNCT
fbem-31122	10	10	level	level	NOUN
fbem-31122	10	11	rise	rise	NOUN
fbem-31122	10	12	have	have	AUX
fbem-31122	10	13	compelled	compel	VERB
fbem-31122	10	14	nations	nation	NOUN
fbem-31122	10	15	to	to	PART
fbem-31122	10	16	accelerate	accelerate	VERB
fbem-31122	10	17	low	low	ADJ
fbem-31122	10	18	-	-	PUNCT
fbem-31122	10	19	carbon	carbon	NOUN
fbem-31122	10	20	transitions	transition	NOUN
fbem-31122	10	21	.	.	PUNCT
fbem-31122	11	1	in	in	ADP
fbem-31122	11	2	response	response	NOUN
fbem-31122	11	3	,	,	PUNCT
fbem-31122	11	4	the	the	DET
fbem-31122	11	5	uk	uk	PROPN
fbem-31122	11	6	has	have	AUX
fbem-31122	11	7	progressively	progressively	ADV
fbem-31122	11	8	built	build	VERB
fbem-31122	11	9	an	an	DET
fbem-31122	11	10	environmental	environmental	ADJ
fbem-31122	11	11	governance	governance	NOUN
fbem-31122	11	12	framework	framework	NOUN
fbem-31122	11	13	since	since	SCONJ
fbem-31122	11	14	enacting	enact	VERB
fbem-31122	11	15	the	the	DET
fbem-31122	11	16	clean	clean	ADJ
fbem-31122	11	17	air	air	PROPN
fbem-31122	11	18	act	act	NOUN
fbem-31122	11	19	and	and	CCONJ
fbem-31122	11	20	actively	actively	ADV
fbem-31122	11	21	engaged	engage	VERB
fbem-31122	11	22	in	in	ADP
fbem-31122	11	23	global	global	ADJ
fbem-31122	11	24	climate	climate	NOUN
fbem-31122	11	25	action	action	NOUN
fbem-31122	11	26	through	through	ADP
fbem-31122	11	27	international	international	ADJ
fbem-31122	11	28	agreements	agreement	NOUN
fbem-31122	11	29	such	such	ADJ
fbem-31122	11	30	as	as	ADP
fbem-31122	11	31	the	the	DET
fbem-31122	11	32	united	united	PROPN
fbem-31122	11	33	nations	nations	PROPN
fbem-31122	11	34	framework	framework	PROPN
fbem-31122	11	35	convention	convention	NOUN
fbem-31122	11	36	on	on	ADP
fbem-31122	11	37	climate	climate	NOUN
fbem-31122	11	38	change	change	NOUN
fbem-31122	11	39	(	(	PUNCT
fbem-31122	11	40	unfccc	unfccc	PROPN
fbem-31122	11	41	)	)	PUNCT
fbem-31122	11	42	.	.	PUNCT
fbem-31122	12	1	the	the	DET
fbem-31122	12	2	2009	2009	NUM
fbem-31122	12	3	low	low	ADJ
fbem-31122	12	4	-	-	PUNCT
fbem-31122	12	5	carbon	carbon	NOUN
fbem-31122	12	6	transition	transition	NOUN
fbem-31122	12	7	plan	plan	NOUN
fbem-31122	12	8	formally	formally	ADV
fbem-31122	12	9	positioned	position	VERB
fbem-31122	12	10	green	green	ADJ
fbem-31122	12	11	finance	finance	NOUN
fbem-31122	12	12	as	as	ADP
fbem-31122	12	13	a	a	DET
fbem-31122	12	14	national	national	ADJ
fbem-31122	12	15	strategic	strategic	ADJ
fbem-31122	12	16	priority	priority	NOUN
fbem-31122	12	17	,	,	PUNCT
fbem-31122	12	18	emphasizing	emphasize	VERB
fbem-31122	12	19	the	the	DET
fbem-31122	12	20	financial	financial	ADJ
fbem-31122	12	21	system	system	NOUN
fbem-31122	12	22	’s	’s	PART
fbem-31122	12	23	critical	critical	ADJ
fbem-31122	12	24	role	role	NOUN
fbem-31122	12	25	in	in	ADP
fbem-31122	12	26	supporting	support	VERB
fbem-31122	12	27	a	a	DET
fbem-31122	12	28	low	low	ADJ
fbem-31122	12	29	-	-	PUNCT
fbem-31122	12	30	carbon	carbon	NOUN
fbem-31122	12	31	economy	economy	NOUN
fbem-31122	12	32	(	(	PUNCT
fbem-31122	12	33	leach	leach	NOUN
fbem-31122	12	34	et	et	NOUN
fbem-31122	12	35	al	al	PROPN
fbem-31122	12	36	.	.	PROPN
fbem-31122	12	37	,	,	PUNCT
fbem-31122	12	38	2009	2009	NUM
fbem-31122	12	39	)	)	PUNCT
fbem-31122	12	40	.	.	PUNCT
fbem-31122	13	1	subsequently	subsequently	ADV
fbem-31122	13	2	,	,	PUNCT
fbem-31122	13	3	the	the	DET
fbem-31122	13	4	uk	uk	PROPN
fbem-31122	13	5	established	establish	VERB
fbem-31122	13	6	the	the	DET
fbem-31122	13	7	green	green	ADJ
fbem-31122	13	8	economy	economy	NOUN
fbem-31122	13	9	council	council	PROPN
fbem-31122	13	10	(	(	PUNCT
fbem-31122	13	11	2012	2012	NUM
fbem-31122	13	12	)	)	PUNCT
fbem-31122	13	13	and	and	CCONJ
fbem-31122	13	14	the	the	DET
fbem-31122	13	15	world	world	NOUN
fbem-31122	13	16	’s	’s	PART
fbem-31122	13	17	first	first	ADJ
fbem-31122	13	18	green	green	PROPN
fbem-31122	13	19	investment	investment	PROPN
fbem-31122	13	20	bank	bank	PROPN
fbem-31122	13	21	(	(	PUNCT
fbem-31122	13	22	2012	2012	NUM
fbem-31122	13	23	)	)	PUNCT
fbem-31122	13	24	,	,	PUNCT
fbem-31122	13	25	leveraging	leverage	VERB
fbem-31122	13	26	policies	policy	NOUN
fbem-31122	13	27	like	like	ADP
fbem-31122	13	28	tax	tax	NOUN
fbem-31122	13	29	incentives	incentive	NOUN
fbem-31122	13	30	and	and	CCONJ
fbem-31122	13	31	green	green	ADJ
fbem-31122	13	32	credit	credit	NOUN
fbem-31122	13	33	to	to	PART
fbem-31122	13	34	redirect	redirect	VERB
fbem-31122	13	35	capital	capital	NOUN
fbem-31122	13	36	toward	toward	ADP
fbem-31122	13	37	sustainable	sustainable	ADJ
fbem-31122	13	38	sectors	sector	NOUN
fbem-31122	13	39	.	.	PUNCT
fbem-31122	14	1	these	these	DET
fbem-31122	14	2	efforts	effort	NOUN
fbem-31122	14	3	laid	lay	VERB
fbem-31122	14	4	the	the	DET
fbem-31122	14	5	foundation	foundation	NOUN
fbem-31122	14	6	for	for	ADP
fbem-31122	14	7	the	the	DET
fbem-31122	14	8	2019	2019	NUM
fbem-31122	14	9	report	report	NOUN
fbem-31122	14	10	"	"	PUNCT
fbem-31122	14	11	the	the	DET
fbem-31122	14	12	future	future	NOUN
fbem-31122	14	13	of	of	ADP
fbem-31122	14	14	net	net	ADJ
fbem-31122	14	15	zero	zero	NUM
fbem-31122	14	16	emissions	emission	NOUN
fbem-31122	14	17	and	and	CCONJ
fbem-31122	14	18	green	green	ADJ
fbem-31122	14	19	finance	finance	NOUN
fbem-31122	14	20	"	"	PUNCT
fbem-31122	14	21	,	,	PUNCT
fbem-31122	14	22	which	which	PRON
fbem-31122	14	23	aims	aim	VERB
fbem-31122	14	24	to	to	PART
fbem-31122	14	25	align	align	VERB
fbem-31122	14	26	financial	financial	ADJ
fbem-31122	14	27	flows	flow	NOUN
fbem-31122	14	28	with	with	ADP
fbem-31122	14	29	climate	climate	NOUN
fbem-31122	14	30	goals	goal	NOUN
fbem-31122	14	31	.	.	PUNCT
fbem-31122	15	1	by	by	ADP
fbem-31122	15	2	2018	2018	NUM
fbem-31122	15	3	,	,	PUNCT
fbem-31122	15	4	the	the	DET
fbem-31122	15	5	uk	uk	PROPN
fbem-31122	15	6	emerged	emerge	VERB
fbem-31122	15	7	as	as	ADP
fbem-31122	15	8	a	a	DET
fbem-31122	15	9	global	global	ADJ
fbem-31122	15	10	leader	leader	NOUN
fbem-31122	15	11	in	in	ADP
fbem-31122	15	12	green	green	ADJ
fbem-31122	15	13	finance	finance	NOUN
fbem-31122	15	14	,	,	PUNCT
fbem-31122	15	15	with	with	ADP
fbem-31122	15	16	private	private	ADJ
fbem-31122	15	17	investments	investment	NOUN
fbem-31122	15	18	in	in	ADP
fbem-31122	15	19	clean	clean	ADJ
fbem-31122	15	20	energy	energy	NOUN
fbem-31122	15	21	surpassing	surpass	VERB
fbem-31122	15	22	£	£	SYM
fbem-31122	15	23	180	180	NUM
fbem-31122	15	24	billion	billion	NUM
fbem-31122	15	25	(	(	PUNCT
fbem-31122	15	26	task	task	NOUN
fbem-31122	15	27	force	force	NOUN
fbem-31122	15	28	,	,	PUNCT
fbem-31122	15	29	2018	2018	NUM
fbem-31122	15	30	)	)	PUNCT
fbem-31122	15	31	.	.	PUNCT
fbem-31122	16	1	the	the	DET
fbem-31122	16	2	government	government	NOUN
fbem-31122	16	3	’s	’s	PART
fbem-31122	16	4	2018	2018	NUM
fbem-31122	16	5	green	green	ADJ
fbem-31122	16	6	finance	finance	NOUN
fbem-31122	16	7	strategy	strategy	NOUN
fbem-31122	16	8	further	far	ADV
fbem-31122	16	9	institutionalized	institutionalize	VERB
fbem-31122	16	10	this	this	DET
fbem-31122	16	11	progress	progress	NOUN
fbem-31122	16	12	,	,	PUNCT
fbem-31122	16	13	outlining	outline	VERB
fbem-31122	16	14	market	market	NOUN
fbem-31122	16	15	expansion	expansion	NOUN
fbem-31122	16	16	goals	goal	NOUN
fbem-31122	16	17	and	and	CCONJ
fbem-31122	16	18	policy	policy	NOUN
fbem-31122	16	19	frameworks	framework	NOUN
fbem-31122	16	20	.	.	PUNCT
fbem-31122	17	1	critical	critical	ADJ
fbem-31122	17	2	momentum	momentum	NOUN
fbem-31122	17	3	came	come	VERB
fbem-31122	17	4	in	in	ADP
fbem-31122	17	5	2019	2019	NUM
fbem-31122	17	6	when	when	SCONJ
fbem-31122	17	7	parliament	parliament	NOUN
fbem-31122	17	8	legislated	legislate	VERB
fbem-31122	17	9	a	a	DET
fbem-31122	17	10	binding	bind	VERB
fbem-31122	17	11	net	net	ADJ
fbem-31122	17	12	-	-	PUNCT
fbem-31122	17	13	zero	zero	NUM
fbem-31122	17	14	emissions	emission	NOUN
fbem-31122	17	15	target	target	NOUN
fbem-31122	17	16	by	by	ADP
fbem-31122	17	17	2050	2050	NUM
fbem-31122	17	18	.	.	PUNCT
fbem-31122	18	1	this	this	DET
fbem-31122	18	2	regulatory	regulatory	ADJ
fbem-31122	18	3	backbone	backbone	NOUN
fbem-31122	18	4	,	,	PUNCT
fbem-31122	18	5	combined	combine	VERB
fbem-31122	18	6	with	with	ADP
fbem-31122	18	7	a	a	DET
fbem-31122	18	8	mature	mature	ADJ
fbem-31122	18	9	multi	multi	ADJ
fbem-31122	18	10	-	-	ADJ
fbem-31122	18	11	stakeholder	stakeholder	ADJ
fbem-31122	18	12	system	system	NOUN
fbem-31122	18	13	,	,	PUNCT
fbem-31122	18	14	enables	enable	VERB
fbem-31122	18	15	coordinated	coordinated	ADJ
fbem-31122	18	16	action	action	NOUN
fbem-31122	18	17	:	:	PUNCT
fbem-31122	18	18	the	the	DET
fbem-31122	18	19	government	government	NOUN
fbem-31122	18	20	sets	set	VERB
fbem-31122	18	21	policies	policy	NOUN
fbem-31122	18	22	and	and	CCONJ
fbem-31122	18	23	incentives	incentive	NOUN
fbem-31122	18	24	(	(	PUNCT
fbem-31122	18	25	e.g.	e.g.	ADV
fbem-31122	18	26	,	,	PUNCT
fbem-31122	18	27	tax	tax	NOUN
fbem-31122	18	28	breaks	break	NOUN
fbem-31122	18	29	for	for	ADP
fbem-31122	18	30	green	green	ADJ
fbem-31122	18	31	bonds	bond	NOUN
fbem-31122	18	32	)	)	PUNCT
fbem-31122	18	33	,	,	PUNCT
fbem-31122	18	34	financial	financial	ADJ
fbem-31122	18	35	institutions	institution	NOUN
fbem-31122	18	36	design	design	VERB
fbem-31122	18	37	targeted	target	VERB
fbem-31122	18	38	products	product	NOUN
fbem-31122	18	39	(	(	PUNCT
fbem-31122	18	40	e.g.	e.g.	ADV
fbem-31122	18	41	,	,	PUNCT
fbem-31122	18	42	low	low	ADJ
fbem-31122	18	43	-	-	PUNCT
fbem-31122	18	44	interest	interest	NOUN
fbem-31122	18	45	green	green	ADJ
fbem-31122	18	46	loans	loan	NOUN
fbem-31122	18	47	)	)	PUNCT
fbem-31122	18	48	,	,	PUNCT
fbem-31122	18	49	and	and	CCONJ
fbem-31122	18	50	institutional	institutional	ADJ
fbem-31122	18	51	investors	investor	NOUN
fbem-31122	18	52	allocate	allocate	VERB
fbem-31122	18	53	capital	capital	NOUN
fbem-31122	18	54	to	to	ADP
fbem-31122	18	55	sustainable	sustainable	ADJ
fbem-31122	18	56	sectors	sector	NOUN
fbem-31122	18	57	.	.	PUNCT
fbem-31122	19	1	such	such	ADJ
fbem-31122	19	2	synergy	synergy	NOUN
fbem-31122	19	3	has	have	AUX
fbem-31122	19	4	solidified	solidify	VERB
fbem-31122	19	5	the	the	DET
fbem-31122	19	6	uk	uk	PROPN
fbem-31122	19	7	’s	’s	PART
fbem-31122	19	8	role	role	NOUN
fbem-31122	19	9	as	as	ADP
fbem-31122	19	10	a	a	DET
fbem-31122	19	11	laboratory	laboratory	NOUN
fbem-31122	19	12	for	for	ADP
fbem-31122	19	13	expandable	expandable	ADJ
fbem-31122	19	14	green	green	ADJ
fbem-31122	19	15	finance	finance	NOUN
fbem-31122	19	16	models	model	NOUN
fbem-31122	19	17	.	.	PUNCT
fbem-31122	20	1	the	the	DET
fbem-31122	20	2	uk	uk	PROPN
fbem-31122	20	3	’s	’s	PART
fbem-31122	20	4	green	green	ADJ
fbem-31122	20	5	transition	transition	NOUN
fbem-31122	20	6	in	in	ADP
fbem-31122	20	7	manufacturing	manufacturing	NOUN
fbem-31122	20	8	has	have	AUX
fbem-31122	20	9	been	be	AUX
fbem-31122	20	10	guided	guide	VERB
fbem-31122	20	11	by	by	ADP
fbem-31122	20	12	a	a	DET
fbem-31122	20	13	phased	phase	VERB
fbem-31122	20	14	strategy	strategy	NOUN
fbem-31122	20	15	since	since	SCONJ
fbem-31122	20	16	2013	2013	NUM
fbem-31122	20	17	.	.	PUNCT
fbem-31122	21	1	the	the	DET
fbem-31122	21	2	2013	2013	NUM
fbem-31122	21	3	foresight	foresight	NOUN
fbem-31122	21	4	report	report	NOUN
fbem-31122	21	5	outlined	outline	VERB
fbem-31122	21	6	a	a	DET
fbem-31122	21	7	route	route	NOUN
fbem-31122	21	8	map	map	NOUN
fbem-31122	21	9	to	to	ADP
fbem-31122	21	10	2050	2050	NUM
fbem-31122	21	11	,	,	PUNCT
fbem-31122	21	12	prioritizing	prioritize	VERB
fbem-31122	21	13	sustainable	sustainable	ADJ
fbem-31122	21	14	practices	practice	NOUN
fbem-31122	21	15	such	such	ADJ
fbem-31122	21	16	as	as	ADP
fbem-31122	21	17	resource	resource	NOUN
fbem-31122	21	18	efficiency	efficiency	NOUN
fbem-31122	21	19	,	,	PUNCT
fbem-31122	21	20	circular	circular	ADJ
fbem-31122	21	21	production	production	NOUN
fbem-31122	21	22	,	,	PUNCT
fbem-31122	21	23	and	and	CCONJ
fbem-31122	21	24	supply	supply	NOUN
fbem-31122	21	25	chain	chain	NOUN
fbem-31122	21	26	decarbonisation	decarbonisation	NOUN
fbem-31122	21	27	(	(	PUNCT
fbem-31122	21	28	foresight	foresight	NOUN
fbem-31122	21	29	,	,	PUNCT
fbem-31122	21	30	2013	2013	NUM
fbem-31122	21	31	)	)	PUNCT
fbem-31122	21	32	.	.	PUNCT
fbem-31122	22	1	this	this	DET
fbem-31122	22	2	vision	vision	NOUN
fbem-31122	22	3	was	be	AUX
fbem-31122	22	4	reinforced	reinforce	VERB
fbem-31122	22	5	in	in	ADP
fbem-31122	22	6	the	the	DET
fbem-31122	22	7	2019	2019	NUM
fbem-31122	22	8	future	future	NOUN
fbem-31122	22	9	of	of	ADP
fbem-31122	22	10	net	net	ADJ
fbem-31122	22	11	zero	zero	NUM
fbem-31122	22	12	emissions	emission	NOUN
fbem-31122	22	13	and	and	CCONJ
fbem-31122	22	14	green	green	ADJ
fbem-31122	22	15	finance	finance	NOUN
fbem-31122	22	16	report	report	NOUN
fbem-31122	22	17	,	,	PUNCT
fbem-31122	22	18	which	which	PRON
fbem-31122	22	19	aligned	align	VERB
fbem-31122	22	20	economic	economic	ADJ
fbem-31122	22	21	recovery	recovery	NOUN
fbem-31122	22	22	with	with	ADP
fbem-31122	22	23	climate	climate	NOUN
fbem-31122	22	24	goals	goal	NOUN
fbem-31122	22	25	by	by	ADP
fbem-31122	22	26	advocating	advocate	VERB
fbem-31122	22	27	cross	cross	ADJ
fbem-31122	22	28	-	-	ADJ
fbem-31122	22	29	sector	sector	ADJ
fbem-31122	22	30	coordination	coordination	NOUN
fbem-31122	22	31	,	,	PUNCT
fbem-31122	22	32	green	green	ADJ
fbem-31122	22	33	financial	financial	ADJ
fbem-31122	22	34	innovation	innovation	NOUN
fbem-31122	22	35	(	(	PUNCT
fbem-31122	22	36	e.g.	e.g.	ADV
fbem-31122	22	37	,	,	PUNCT
fbem-31122	22	38	sustainable	sustainable	ADJ
fbem-31122	22	39	infrastructure	infrastructure	NOUN
fbem-31122	22	40	financing	financing	NOUN
fbem-31122	22	41	)	)	PUNCT
fbem-31122	22	42	,	,	PUNCT
fbem-31122	22	43	and	and	CCONJ
fbem-31122	22	44	targeted	target	VERB
fbem-31122	22	45	support	support	NOUN
fbem-31122	22	46	for	for	ADP
fbem-31122	22	47	manufacturing	manufacturing	NOUN
fbem-31122	22	48	—	—	PUNCT
fbem-31122	22	49	a	a	DET
fbem-31122	22	50	sector	sector	NOUN
fbem-31122	22	51	central	central	ADJ
fbem-31122	22	52	to	to	ADP
fbem-31122	22	53	achieving	achieve	VERB
fbem-31122	22	54	cost	cost	NOUN
fbem-31122	22	55	-	-	PUNCT
fbem-31122	22	56	effective	effective	ADJ
fbem-31122	22	57	net	net	ADJ
fbem-31122	22	58	-	-	PUNCT
fbem-31122	22	59	zero	zero	NUM
fbem-31122	22	60	transitions	transition	NOUN
fbem-31122	22	61	(	(	PUNCT
fbem-31122	22	62	treasury	treasury	NOUN
fbem-31122	22	63	committee	committee	NOUN
fbem-31122	22	64	,	,	PUNCT
fbem-31122	22	65	2021	2021	NUM
fbem-31122	22	66	)	)	PUNCT
fbem-31122	22	67	.	.	PUNCT
fbem-31122	23	1	uk	uk	PROPN
fbem-31122	23	2	manufacturing	manufacture	VERB
fbem-31122	23	3	output	output	NOUN
fbem-31122	23	4	grew	grow	VERB
fbem-31122	23	5	by	by	ADP
fbem-31122	23	6	35	35	NUM
fbem-31122	23	7	%	%	NOUN
fbem-31122	23	8	over	over	ADP
fbem-31122	23	9	the	the	DET
fbem-31122	23	10	past	past	ADJ
fbem-31122	23	11	five	five	NUM
fbem-31122	23	12	decades	decade	NOUN
fbem-31122	23	13	,	,	PUNCT
fbem-31122	23	14	peaking	peak	VERB
fbem-31122	23	15	pre-2008	pre-2008	NOUN
fbem-31122	23	16	financial	financial	ADJ
fbem-31122	23	17	crisis	crisis	NOUN
fbem-31122	23	18	(	(	PUNCT
fbem-31122	23	19	barnett	barnett	PROPN
fbem-31122	23	20	,	,	PUNCT
fbem-31122	23	21	2014	2014	NUM
fbem-31122	23	22	)	)	PUNCT
fbem-31122	23	23	.	.	PUNCT
fbem-31122	24	1	this	this	DET
fbem-31122	24	2	growth	growth	NOUN
fbem-31122	24	3	trajectory	trajectory	NOUN
fbem-31122	24	4	,	,	PUNCT
fbem-31122	24	5	however	however	ADV
fbem-31122	24	6	,	,	PUNCT
fbem-31122	24	7	intensified	intensify	VERB
fbem-31122	24	8	the	the	DET
fbem-31122	24	9	sector	sector	NOUN
fbem-31122	24	10	’s	’s	PART
fbem-31122	24	11	environmental	environmental	ADJ
fbem-31122	24	12	footprint	footprint	NOUN
fbem-31122	24	13	,	,	PUNCT
fbem-31122	24	14	driving	drive	VERB
fbem-31122	24	15	policymakers	policymaker	NOUN
fbem-31122	24	16	to	to	PART
fbem-31122	24	17	leverage	leverage	VERB
fbem-31122	24	18	green	green	ADJ
fbem-31122	24	19	finance	finance	NOUN
fbem-31122	24	20	as	as	ADP
fbem-31122	24	21	a	a	DET
fbem-31122	24	22	structural	structural	ADJ
fbem-31122	24	23	reform	reform	NOUN
fbem-31122	24	24	tool	tool	NOUN
fbem-31122	24	25	.	.	PUNCT
fbem-31122	25	1	by	by	ADP
fbem-31122	25	2	channeling	channel	VERB
fbem-31122	25	3	capital	capital	NOUN
fbem-31122	25	4	toward	toward	ADP
fbem-31122	25	5	energy	energy	NOUN
fbem-31122	25	6	-	-	PUNCT
fbem-31122	25	7	efficient	efficient	ADJ
fbem-31122	25	8	technologies	technology	NOUN
fbem-31122	25	9	and	and	CCONJ
fbem-31122	25	10	renewable	renewable	ADJ
fbem-31122	25	11	energy	energy	NOUN
fbem-31122	25	12	adoption	adoption	NOUN
fbem-31122	25	13	,	,	PUNCT
fbem-31122	25	14	green	green	ADJ
fbem-31122	25	15	finance	finance	NOUN
fbem-31122	25	16	policies	policy	NOUN
fbem-31122	25	17	directly	directly	ADV
fbem-31122	25	18	reshape	reshape	VERB
fbem-31122	25	19	manufacturing	manufacturing	NOUN
fbem-31122	25	20	firms	firm	NOUN
fbem-31122	25	21	’	’	PART
fbem-31122	25	22	capital	capital	NOUN
fbem-31122	25	23	structures	structure	NOUN
fbem-31122	25	24	—	—	PUNCT
fbem-31122	25	25	balancing	balance	VERB
fbem-31122	25	26	debtequity	debtequity	NOUN
fbem-31122	25	27	ratios	ratio	NOUN
fbem-31122	25	28	while	while	SCONJ
fbem-31122	25	29	reducing	reduce	VERB
fbem-31122	25	30	reliance	reliance	NOUN
fbem-31122	25	31	on	on	ADP
fbem-31122	25	32	traditional	traditional	ADJ
fbem-31122	25	33	bank	bank	NOUN
fbem-31122	25	34	loans	loan	NOUN
fbem-31122	25	35	.	.	PUNCT
fbem-31122	26	1	such	such	ADJ
fbem-31122	26	2	reallocation	reallocation	NOUN
fbem-31122	26	3	enables	enable	VERB
fbem-31122	26	4	firms	firm	NOUN
fbem-31122	26	5	to	to	PART
fbem-31122	26	6	fund	fund	VERB
fbem-31122	26	7	innovation	innovation	NOUN
fbem-31122	26	8	,	,	PUNCT
fbem-31122	26	9	enhance	enhance	VERB
fbem-31122	26	10	competitiveness	competitiveness	NOUN
fbem-31122	26	11	,	,	PUNCT
fbem-31122	26	12	and	and	CCONJ
fbem-31122	26	13	align	align	VERB
fbem-31122	26	14	with	with	ADP
fbem-31122	26	15	the	the	DET
fbem-31122	26	16	policy	policy	NOUN
fbem-31122	26	17	’s	’s	PART
fbem-31122	26	18	dual	dual	ADJ
fbem-31122	26	19	mandate	mandate	NOUN
fbem-31122	26	20	:	:	PUNCT
fbem-31122	26	21	minimizing	minimize	VERB
fbem-31122	26	22	ecological	ecological	ADJ
fbem-31122	26	23	harm	harm	NOUN
fbem-31122	26	24	through	through	ADP
fbem-31122	26	25	low	low	ADJ
fbem-31122	26	26	-	-	PUNCT
fbem-31122	26	27	waste	waste	NOUN
fbem-31122	26	28	production	production	NOUN
fbem-31122	26	29	cycles	cycle	NOUN
fbem-31122	26	30	while	while	SCONJ
fbem-31122	26	31	maintaining	maintain	VERB
fbem-31122	26	32	economic	economic	ADJ
fbem-31122	26	33	viability	viability	NOUN
fbem-31122	26	34	(	(	PUNCT
fbem-31122	26	35	cheng	cheng	PROPN
fbem-31122	26	36	et	et	PROPN
fbem-31122	26	37	al	al	PROPN
fbem-31122	26	38	.	.	PROPN
fbem-31122	26	39	,	,	PUNCT
fbem-31122	26	40	2023	2023	NUM
fbem-31122	26	41	)	)	PUNCT
fbem-31122	26	42	.	.	PUNCT
fbem-31122	27	1	green	green	ADJ
fbem-31122	27	2	finance	finance	PROPN
fbem-31122	27	3	integrates	integrate	NOUN
fbem-31122	27	4	environmental	environmental	ADJ
fbem-31122	27	5	and	and	CCONJ
fbem-31122	27	6	climate	climate	NOUN
fbem-31122	27	7	objectives	objective	NOUN
fbem-31122	27	8	into	into	ADP
fbem-31122	27	9	financial	financial	ADJ
fbem-31122	27	10	activities	activity	NOUN
fbem-31122	27	11	—	—	PUNCT
fbem-31122	27	12	from	from	ADP
fbem-31122	27	13	green	green	ADJ
fbem-31122	27	14	bonds	bond	NOUN
fbem-31122	27	15	to	to	PART
fbem-31122	27	16	carbon	carbon	NOUN
fbem-31122	27	17	trading	trading	NOUN
fbem-31122	27	18	—	—	PUNCT
fbem-31122	27	19	to	to	PART
fbem-31122	27	20	redirect	redirect	VERB
fbem-31122	27	21	capital	capital	NOUN
fbem-31122	27	22	toward	toward	ADP
fbem-31122	27	23	sustainable	sustainable	ADJ
fbem-31122	27	24	industries	industry	NOUN
fbem-31122	27	25	(	(	PUNCT
fbem-31122	27	26	scholtens	scholtens	PROPN
fbem-31122	27	27	,	,	PUNCT
fbem-31122	27	28	2006	2006	NUM
fbem-31122	27	29	)	)	PUNCT
fbem-31122	27	30	.	.	PUNCT
fbem-31122	28	1	this	this	DET
fbem-31122	28	2	study	study	NOUN
fbem-31122	28	3	examines	examine	VERB
fbem-31122	28	4	how	how	SCONJ
fbem-31122	28	5	such	such	ADJ
fbem-31122	28	6	policies	policy	NOUN
fbem-31122	28	7	reshape	reshape	VERB
fbem-31122	28	8	the	the	DET
fbem-31122	28	9	capital	capital	NOUN
fbem-31122	28	10	structure	structure	NOUN
fbem-31122	28	11	of	of	ADP
fbem-31122	28	12	uk	uk	PROPN
fbem-31122	28	13	manufacturing	manufacturing	NOUN
fbem-31122	28	14	firms	firm	NOUN
fbem-31122	28	15	,	,	PUNCT
fbem-31122	28	16	particularly	particularly	ADV
fbem-31122	28	17	under	under	ADP
fbem-31122	28	18	the	the	DET
fbem-31122	28	19	2019	2019	NUM
fbem-31122	28	20	net	net	ADJ
fbem-31122	28	21	zero	zero	NUM
fbem-31122	28	22	emissions	emission	NOUN
fbem-31122	28	23	and	and	CCONJ
fbem-31122	28	24	green	green	ADJ
fbem-31122	28	25	finance	finance	NOUN
fbem-31122	28	26	framework	framework	NOUN
fbem-31122	28	27	.	.	PUNCT
fbem-31122	29	1	by	by	ADP
fbem-31122	29	2	requiring	require	VERB
fbem-31122	29	3	firms	firm	NOUN
fbem-31122	29	4	to	to	PART
fbem-31122	29	5	meet	meet	VERB
fbem-31122	29	6	environmental	environmental	ADJ
fbem-31122	29	7	criteria	criterion	NOUN
fbem-31122	29	8	for	for	ADP
fbem-31122	29	9	financing	financing	NOUN
fbem-31122	29	10	access	access	NOUN
fbem-31122	29	11	,	,	PUNCT
fbem-31122	29	12	the	the	DET
fbem-31122	29	13	policy	policy	NOUN
fbem-31122	29	14	incentives	incentive	VERB
fbem-31122	29	15	debt	debt	NOUN
fbem-31122	29	16	-	-	PUNCT
fbem-31122	29	17	to	to	ADP
fbem-31122	29	18	-	-	PUNCT
fbem-31122	29	19	equity	equity	NOUN
fbem-31122	29	20	optimization	optimization	NOUN
fbem-31122	29	21	while	while	SCONJ
fbem-31122	29	22	funding	fund	VERB
fbem-31122	29	23	green	green	ADJ
fbem-31122	29	24	upgrades	upgrade	NOUN
fbem-31122	29	25	,	,	PUNCT
fbem-31122	29	26	thereby	thereby	ADV
fbem-31122	29	27	linking	link	VERB
fbem-31122	29	28	corporate	corporate	ADJ
fbem-31122	29	29	financial	financial	ADJ
fbem-31122	29	30	strategies	strategy	NOUN
fbem-31122	29	31	directly	directly	ADV
fbem-31122	29	32	to	to	ADP
fbem-31122	29	33	national	national	ADJ
fbem-31122	29	34	climate	climate	NOUN
fbem-31122	29	35	goals	goal	NOUN
fbem-31122	29	36	.	.	PUNCT
fbem-31122	30	1	theoretical	theoretical	ADJ
fbem-31122	30	2	and	and	CCONJ
fbem-31122	30	3	practical	practical	ADJ
fbem-31122	30	4	gaps	gap	NOUN
fbem-31122	30	5	motivate	motivate	VERB
fbem-31122	30	6	this	this	DET
fbem-31122	30	7	study	study	NOUN
fbem-31122	30	8	.	.	PUNCT
fbem-31122	31	1	while	while	SCONJ
fbem-31122	31	2	prior	prior	ADJ
fbem-31122	31	3	research	research	NOUN
fbem-31122	31	4	extensively	extensively	ADV
fbem-31122	31	5	explores	explore	VERB
fbem-31122	31	6	capital	capital	NOUN
fbem-31122	31	7	structure	structure	NOUN
fbem-31122	31	8	determinants	determinant	NOUN
fbem-31122	31	9	,	,	PUNCT
fbem-31122	31	10	green	green	ADJ
fbem-31122	31	11	finance	finance	NOUN
fbem-31122	31	12	’s	’s	PART
fbem-31122	31	13	role	role	NOUN
fbem-31122	31	14	remains	remain	VERB
fbem-31122	31	15	less	less	ADV
fbem-31122	31	16	examined	examine	VERB
fbem-31122	31	17	.	.	PUNCT
fbem-31122	32	1	143	143	NUM
fbem-31122	32	2	this	this	DET
fbem-31122	32	3	paper	paper	NOUN
fbem-31122	32	4	addresses	address	NOUN
fbem-31122	32	5	this	this	DET
fbem-31122	32	6	gap	gap	NOUN
fbem-31122	32	7	by	by	ADP
fbem-31122	32	8	employing	employ	VERB
fbem-31122	32	9	a	a	DET
fbem-31122	32	10	difference	difference	NOUN
fbem-31122	32	11	-	-	PUNCT
fbem-31122	32	12	indifferences	indifference	NOUN
fbem-31122	32	13	(	(	PUNCT
fbem-31122	32	14	did	do	AUX
fbem-31122	32	15	)	)	PUNCT
fbem-31122	32	16	model	model	NOUN
fbem-31122	32	17	to	to	PART
fbem-31122	32	18	quantify	quantify	VERB
fbem-31122	32	19	how	how	SCONJ
fbem-31122	32	20	uk	uk	PROPN
fbem-31122	32	21	green	green	ADJ
fbem-31122	32	22	finance	finance	NOUN
fbem-31122	32	23	policies	policy	NOUN
fbem-31122	32	24	—	—	PUNCT
fbem-31122	32	25	particularly	particularly	ADV
fbem-31122	32	26	the	the	DET
fbem-31122	32	27	2019	2019	NUM
fbem-31122	32	28	net	net	ADJ
fbem-31122	32	29	zero	zero	NUM
fbem-31122	32	30	emissions	emission	NOUN
fbem-31122	32	31	framework	framework	NOUN
fbem-31122	32	32	—	—	PUNCT
fbem-31122	32	33	reshape	reshape	NOUN
fbem-31122	32	34	manufacturing	manufacturing	NOUN
fbem-31122	32	35	firms	firm	NOUN
fbem-31122	32	36	debt	debt	NOUN
fbem-31122	32	37	-	-	PUNCT
fbem-31122	32	38	equity	equity	NOUN
fbem-31122	32	39	choices	choice	NOUN
fbem-31122	32	40	.	.	PUNCT
fbem-31122	33	1	theoretically	theoretically	ADV
fbem-31122	33	2	,	,	PUNCT
fbem-31122	33	3	it	it	PRON
fbem-31122	33	4	extends	extend	VERB
fbem-31122	33	5	capital	capital	NOUN
fbem-31122	33	6	structure	structure	NOUN
fbem-31122	33	7	theories	theory	NOUN
fbem-31122	33	8	(	(	PUNCT
fbem-31122	33	9	e.g.	e.g.	ADV
fbem-31122	33	10	,	,	PUNCT
fbem-31122	33	11	trade	trade	NOUN
fbem-31122	33	12	-	-	PUNCT
fbem-31122	33	13	off	off	NOUN
fbem-31122	33	14	and	and	CCONJ
fbem-31122	33	15	pecking	pecking	NOUN
fbem-31122	33	16	order	order	NOUN
fbem-31122	33	17	)	)	PUNCT
fbem-31122	33	18	by	by	ADP
fbem-31122	33	19	integrating	integrate	VERB
fbem-31122	33	20	environmental	environmental	ADJ
fbem-31122	33	21	regulatory	regulatory	ADJ
fbem-31122	33	22	mechanisms	mechanism	NOUN
fbem-31122	33	23	(	(	PUNCT
fbem-31122	33	24	e.g.	e.g.	ADV
fbem-31122	33	25	,	,	PUNCT
fbem-31122	33	26	financing	financing	NOUN
fbem-31122	33	27	incentives	incentive	NOUN
fbem-31122	33	28	/	/	SYM
fbem-31122	33	29	penalties	penalty	NOUN
fbem-31122	33	30	)	)	PUNCT
fbem-31122	33	31	,	,	PUNCT
fbem-31122	33	32	revealing	reveal	VERB
fbem-31122	33	33	how	how	SCONJ
fbem-31122	33	34	policy	policy	NOUN
fbem-31122	33	35	-	-	PUNCT
fbem-31122	33	36	driven	drive	VERB
fbem-31122	33	37	constraints	constraint	NOUN
fbem-31122	33	38	catalyze	catalyze	NOUN
fbem-31122	33	39	capital	capital	NOUN
fbem-31122	33	40	reallocation	reallocation	NOUN
fbem-31122	33	41	.	.	PUNCT
fbem-31122	34	1	practically	practically	ADV
fbem-31122	34	2	,	,	PUNCT
fbem-31122	34	3	the	the	DET
fbem-31122	34	4	analysis	analysis	NOUN
fbem-31122	34	5	provides	provide	VERB
fbem-31122	34	6	empirical	empirical	ADJ
fbem-31122	34	7	evidence	evidence	NOUN
fbem-31122	34	8	on	on	ADP
fbem-31122	34	9	policy	policy	NOUN
fbem-31122	34	10	efficacy	efficacy	NOUN
fbem-31122	34	11	in	in	ADP
fbem-31122	34	12	reducing	reduce	VERB
fbem-31122	34	13	emissions	emission	NOUN
fbem-31122	34	14	,	,	PUNCT
fbem-31122	34	15	while	while	SCONJ
fbem-31122	34	16	heterogeneity	heterogeneity	NOUN
fbem-31122	34	17	tests	test	NOUN
fbem-31122	34	18	(	(	PUNCT
fbem-31122	34	19	financing	financing	NOUN
fbem-31122	34	20	constraints	constraint	NOUN
fbem-31122	34	21	,	,	PUNCT
fbem-31122	34	22	firm	firm	ADJ
fbem-31122	34	23	size	size	NOUN
fbem-31122	34	24	)	)	PUNCT
fbem-31122	34	25	offer	offer	VERB
fbem-31122	34	26	actionable	actionable	ADJ
fbem-31122	34	27	insights	insight	NOUN
fbem-31122	34	28	for	for	ADP
fbem-31122	34	29	tailoring	tailor	VERB
fbem-31122	34	30	green	green	ADJ
fbem-31122	34	31	financial	financial	ADJ
fbem-31122	34	32	products	product	NOUN
fbem-31122	34	33	(	(	PUNCT
fbem-31122	34	34	e.g.	e.g.	ADV
fbem-31122	34	35	,	,	PUNCT
fbem-31122	34	36	bonds	bond	NOUN
fbem-31122	34	37	,	,	PUNCT
fbem-31122	34	38	loans	loan	NOUN
fbem-31122	34	39	)	)	PUNCT
fbem-31122	34	40	to	to	PART
fbem-31122	34	41	diverse	diverse	VERB
fbem-31122	34	42	manufacturing	manufacturing	NOUN
fbem-31122	34	43	needs	need	NOUN
fbem-31122	34	44	.	.	PUNCT
fbem-31122	35	1	these	these	DET
fbem-31122	35	2	findings	finding	NOUN
fbem-31122	35	3	equip	equip	NOUN
fbem-31122	35	4	policymakers	policymaker	NOUN
fbem-31122	35	5	and	and	CCONJ
fbem-31122	35	6	investors	investor	NOUN
fbem-31122	35	7	to	to	PART
fbem-31122	35	8	better	well	ADV
fbem-31122	35	9	align	align	VERB
fbem-31122	35	10	financial	financial	ADJ
fbem-31122	35	11	markets	market	NOUN
fbem-31122	35	12	with	with	ADP
fbem-31122	35	13	de	de	ADJ
fbem-31122	35	14	-	-	NOUN
fbem-31122	35	15	carbonization	carbonization	NOUN
fbem-31122	35	16	goals	goal	NOUN
fbem-31122	35	17	.	.	PUNCT
fbem-31122	36	1	this	this	DET
fbem-31122	36	2	study	study	NOUN
fbem-31122	36	3	examines	examine	VERB
fbem-31122	36	4	the	the	DET
fbem-31122	36	5	causal	causal	ADJ
fbem-31122	36	6	impact	impact	NOUN
fbem-31122	36	7	of	of	ADP
fbem-31122	36	8	green	green	ADJ
fbem-31122	36	9	finance	finance	NOUN
fbem-31122	36	10	policies	policy	NOUN
fbem-31122	36	11	on	on	ADP
fbem-31122	36	12	capital	capital	NOUN
fbem-31122	36	13	structure	structure	NOUN
fbem-31122	36	14	within	within	ADP
fbem-31122	36	15	the	the	DET
fbem-31122	36	16	uk	uk	PROPN
fbem-31122	36	17	manufacturing	manufacturing	NOUN
fbem-31122	36	18	sector	sector	NOUN
fbem-31122	36	19	,	,	PUNCT
fbem-31122	36	20	anchored	anchor	VERB
fbem-31122	36	21	in	in	ADP
fbem-31122	36	22	the	the	DET
fbem-31122	36	23	2019	2019	NUM
fbem-31122	36	24	future	future	NOUN
fbem-31122	36	25	of	of	ADP
fbem-31122	36	26	net	net	ADJ
fbem-31122	36	27	zero	zero	NUM
fbem-31122	36	28	emissions	emission	NOUN
fbem-31122	36	29	and	and	CCONJ
fbem-31122	36	30	green	green	ADJ
fbem-31122	36	31	finance	finance	NOUN
fbem-31122	36	32	report	report	NOUN
fbem-31122	36	33	published	publish	VERB
fbem-31122	36	34	by	by	ADP
fbem-31122	36	35	hm	hm	INTJ
fbem-31122	36	36	treasury	treasury	PROPN
fbem-31122	36	37	.	.	PUNCT
fbem-31122	37	1	utilising	utilise	VERB
fbem-31122	37	2	panel	panel	NOUN
fbem-31122	37	3	data	datum	NOUN
fbem-31122	37	4	from	from	ADP
fbem-31122	37	5	uk	uk	PROPN
fbem-31122	37	6	-	-	PUNCT
fbem-31122	37	7	listed	list	VERB
fbem-31122	37	8	manufacturing	manufacturing	NOUN
fbem-31122	37	9	firms	firm	NOUN
fbem-31122	37	10	(	(	PUNCT
fbem-31122	37	11	2015–2022	2015–2022	NUM
fbem-31122	37	12	)	)	PUNCT
fbem-31122	37	13	,	,	PUNCT
fbem-31122	37	14	we	we	PRON
fbem-31122	37	15	classify	classify	VERB
fbem-31122	37	16	firms	firm	NOUN
fbem-31122	37	17	into	into	ADP
fbem-31122	37	18	two	two	NUM
fbem-31122	37	19	cohorts	cohort	NOUN
fbem-31122	37	20	:	:	PUNCT
fbem-31122	37	21	capital	capital	NOUN
fbem-31122	37	22	goods	good	NOUN
fbem-31122	37	23	manufacturers	manufacturer	NOUN
fbem-31122	37	24	(	(	PUNCT
fbem-31122	37	25	treatment	treatment	NOUN
fbem-31122	37	26	group	group	NOUN
fbem-31122	37	27	,	,	PUNCT
fbem-31122	37	28	gics	gic	NOUN
fbem-31122	37	29	codes	code	VERB
fbem-31122	37	30	2010-	2010-	NUM
fbem-31122	37	31	)	)	PUNCT
fbem-31122	37	32	and	and	CCONJ
fbem-31122	37	33	other	other	ADJ
fbem-31122	37	34	product	product	NOUN
fbem-31122	37	35	manufacturers	manufacturer	NOUN
fbem-31122	37	36	(	(	PUNCT
fbem-31122	37	37	control	control	NOUN
fbem-31122	37	38	group	group	NOUN
fbem-31122	37	39	)	)	PUNCT
fbem-31122	37	40	.	.	PUNCT
fbem-31122	38	1	a	a	DET
fbem-31122	38	2	difference	difference	NOUN
fbem-31122	38	3	-	-	PUNCT
fbem-31122	38	4	in	in	ADP
fbem-31122	38	5	-	-	PUNCT
fbem-31122	38	6	differences	difference	NOUN
fbem-31122	38	7	(	(	PUNCT
fbem-31122	38	8	did	do	AUX
fbem-31122	38	9	)	)	PUNCT
fbem-31122	38	10	model	model	NOUN
fbem-31122	38	11	is	be	AUX
fbem-31122	38	12	employed	employ	VERB
fbem-31122	38	13	to	to	PART
fbem-31122	38	14	isolate	isolate	VERB
fbem-31122	38	15	the	the	DET
fbem-31122	38	16	policy	policy	NOUN
fbem-31122	38	17	’s	’s	PART
fbem-31122	38	18	effect	effect	NOUN
fbem-31122	38	19	on	on	ADP
fbem-31122	38	20	financial	financial	ADJ
fbem-31122	38	21	leverage	leverage	NOUN
fbem-31122	38	22	ratios	ratio	NOUN
fbem-31122	38	23	,	,	PUNCT
fbem-31122	38	24	with	with	ADP
fbem-31122	38	25	a	a	DET
fbem-31122	38	26	focus	focus	NOUN
fbem-31122	38	27	on	on	ADP
fbem-31122	38	28	two	two	NUM
fbem-31122	38	29	core	core	NOUN
fbem-31122	38	30	questions	question	NOUN
fbem-31122	38	31	:	:	PUNCT
fbem-31122	38	32	whether	whether	SCONJ
fbem-31122	38	33	the	the	DET
fbem-31122	38	34	policy	policy	NOUN
fbem-31122	38	35	significantly	significantly	ADV
fbem-31122	38	36	reduces	reduce	VERB
fbem-31122	38	37	debt	debt	NOUN
fbem-31122	38	38	reliance	reliance	NOUN
fbem-31122	38	39	among	among	ADP
fbem-31122	38	40	capital	capital	NOUN
fbem-31122	38	41	goods	good	NOUN
fbem-31122	38	42	firms	firm	NOUN
fbem-31122	38	43	?	?	PUNCT
fbem-31122	39	1	how	how	SCONJ
fbem-31122	39	2	responses	response	NOUN
fbem-31122	39	3	vary	vary	VERB
fbem-31122	39	4	across	across	ADP
fbem-31122	39	5	firms	firm	NOUN
fbem-31122	39	6	with	with	ADP
fbem-31122	39	7	differing	differ	VERB
fbem-31122	39	8	financing	financing	NOUN
fbem-31122	39	9	constraints	constraint	NOUN
fbem-31122	39	10	and	and	CCONJ
fbem-31122	39	11	operational	operational	ADJ
fbem-31122	39	12	scales	scale	NOUN
fbem-31122	39	13	?	?	PUNCT
fbem-31122	40	1	the	the	DET
fbem-31122	40	2	analysis	analysis	NOUN
fbem-31122	40	3	reveals	reveal	VERB
fbem-31122	40	4	the	the	DET
fbem-31122	40	5	mechanisms	mechanism	NOUN
fbem-31122	40	6	through	through	ADP
fbem-31122	40	7	which	which	PRON
fbem-31122	40	8	green	green	ADJ
fbem-31122	40	9	finance	finance	NOUN
fbem-31122	40	10	policies	policy	NOUN
fbem-31122	40	11	—	—	PUNCT
fbem-31122	40	12	particularly	particularly	ADV
fbem-31122	40	13	financing	financing	NOUN
fbem-31122	40	14	incentives	incentive	NOUN
fbem-31122	40	15	and	and	CCONJ
fbem-31122	40	16	regulatory	regulatory	ADJ
fbem-31122	40	17	pressures	pressure	NOUN
fbem-31122	40	18	—	—	PUNCT
fbem-31122	40	19	reshape	reshape	NOUN
fbem-31122	40	20	capital	capital	NOUN
fbem-31122	40	21	allocation	allocation	NOUN
fbem-31122	40	22	in	in	ADP
fbem-31122	40	23	manufacturing	manufacturing	NOUN
fbem-31122	40	24	,	,	PUNCT
fbem-31122	40	25	while	while	SCONJ
fbem-31122	40	26	heterogeneity	heterogeneity	NOUN
fbem-31122	40	27	tests	test	VERB
fbem-31122	40	28	quantify	quantify	VERB
fbem-31122	40	29	disparities	disparity	NOUN
fbem-31122	40	30	in	in	ADP
fbem-31122	40	31	policy	policy	NOUN
fbem-31122	40	32	effectiveness	effectiveness	NOUN
fbem-31122	40	33	.	.	PUNCT
fbem-31122	41	1	the	the	DET
fbem-31122	41	2	paper	paper	NOUN
fbem-31122	41	3	is	be	AUX
fbem-31122	41	4	structured	structure	VERB
fbem-31122	41	5	into	into	ADP
fbem-31122	41	6	six	six	NUM
fbem-31122	41	7	sections	section	NOUN
fbem-31122	41	8	:	:	PUNCT
fbem-31122	41	9	a	a	DET
fbem-31122	41	10	review	review	NOUN
fbem-31122	41	11	of	of	ADP
fbem-31122	41	12	capital	capital	NOUN
fbem-31122	41	13	structure	structure	NOUN
fbem-31122	41	14	theories	theory	NOUN
fbem-31122	41	15	and	and	CCONJ
fbem-31122	41	16	green	green	ADJ
fbem-31122	41	17	finance	finance	NOUN
fbem-31122	41	18	literature	literature	NOUN
fbem-31122	41	19	(	(	PUNCT
fbem-31122	41	20	section	section	NOUN
fbem-31122	41	21	2	2	NUM
fbem-31122	41	22	)	)	PUNCT
fbem-31122	41	23	,	,	PUNCT
fbem-31122	41	24	hypothesis	hypothesis	NOUN
fbem-31122	41	25	development	development	NOUN
fbem-31122	41	26	(	(	PUNCT
fbem-31122	41	27	section	section	NOUN
fbem-31122	41	28	3	3	NUM
fbem-31122	41	29	)	)	PUNCT
fbem-31122	41	30	,	,	PUNCT
fbem-31122	41	31	data	datum	NOUN
fbem-31122	41	32	and	and	CCONJ
fbem-31122	41	33	methodology	methodology	NOUN
fbem-31122	41	34	(	(	PUNCT
fbem-31122	41	35	section	section	NOUN
fbem-31122	41	36	4	4	NUM
fbem-31122	41	37	)	)	PUNCT
fbem-31122	41	38	,	,	PUNCT
fbem-31122	41	39	empirical	empirical	ADJ
fbem-31122	41	40	findings	finding	NOUN
fbem-31122	41	41	(	(	PUNCT
fbem-31122	41	42	section	section	NOUN
fbem-31122	41	43	5	5	NUM
fbem-31122	41	44	)	)	PUNCT
fbem-31122	41	45	,	,	PUNCT
fbem-31122	41	46	and	and	CCONJ
fbem-31122	41	47	conclusions	conclusion	NOUN
fbem-31122	41	48	with	with	ADP
fbem-31122	41	49	policy	policy	NOUN
fbem-31122	41	50	implications	implication	NOUN
fbem-31122	41	51	(	(	PUNCT
fbem-31122	41	52	section	section	NOUN
fbem-31122	41	53	6	6	NUM
fbem-31122	41	54	)	)	PUNCT
fbem-31122	41	55	.	.	PUNCT
fbem-31122	42	1	2	2	X
fbem-31122	42	2	.	.	X
fbem-31122	42	3	literature	literature	NOUN
fbem-31122	42	4	review	review	VERB
fbem-31122	42	5	the	the	DET
fbem-31122	42	6	analysis	analysis	NOUN
fbem-31122	42	7	reveals	reveal	VERB
fbem-31122	42	8	the	the	DET
fbem-31122	42	9	mechanisms	mechanism	NOUN
fbem-31122	42	10	through	through	ADP
fbem-31122	42	11	which	which	PRON
fbem-31122	42	12	green	green	ADJ
fbem-31122	42	13	finance	finance	NOUN
fbem-31122	42	14	policies	policy	NOUN
fbem-31122	42	15	—	—	PUNCT
fbem-31122	42	16	particularly	particularly	ADV
fbem-31122	42	17	financing	financing	NOUN
fbem-31122	42	18	incentives	incentive	NOUN
fbem-31122	42	19	and	and	CCONJ
fbem-31122	42	20	regulatory	regulatory	ADJ
fbem-31122	42	21	pressures	pressure	NOUN
fbem-31122	42	22	—	—	PUNCT
fbem-31122	42	23	reshape	reshape	NOUN
fbem-31122	42	24	capital	capital	NOUN
fbem-31122	42	25	allocation	allocation	NOUN
fbem-31122	42	26	in	in	ADP
fbem-31122	42	27	manufacturing	manufacturing	NOUN
fbem-31122	42	28	,	,	PUNCT
fbem-31122	42	29	while	while	SCONJ
fbem-31122	42	30	heterogeneity	heterogeneity	NOUN
fbem-31122	42	31	tests	test	VERB
fbem-31122	42	32	quantify	quantify	VERB
fbem-31122	42	33	disparities	disparity	NOUN
fbem-31122	42	34	in	in	ADP
fbem-31122	42	35	policy	policy	NOUN
fbem-31122	42	36	effectiveness	effectiveness	NOUN
fbem-31122	42	37	.	.	PUNCT
fbem-31122	43	1	the	the	DET
fbem-31122	43	2	paper	paper	NOUN
fbem-31122	43	3	is	be	AUX
fbem-31122	43	4	structured	structure	VERB
fbem-31122	43	5	into	into	ADP
fbem-31122	43	6	six	six	NUM
fbem-31122	43	7	sections	section	NOUN
fbem-31122	43	8	:	:	PUNCT
fbem-31122	43	9	a	a	DET
fbem-31122	43	10	review	review	NOUN
fbem-31122	43	11	of	of	ADP
fbem-31122	43	12	capital	capital	NOUN
fbem-31122	43	13	structure	structure	NOUN
fbem-31122	43	14	theories	theory	NOUN
fbem-31122	43	15	and	and	CCONJ
fbem-31122	43	16	green	green	ADJ
fbem-31122	43	17	finance	finance	NOUN
fbem-31122	43	18	literature	literature	NOUN
fbem-31122	43	19	(	(	PUNCT
fbem-31122	43	20	section	section	NOUN
fbem-31122	43	21	2	2	NUM
fbem-31122	43	22	)	)	PUNCT
fbem-31122	43	23	,	,	PUNCT
fbem-31122	43	24	hypothesis	hypothesis	NOUN
fbem-31122	43	25	development	development	NOUN
fbem-31122	43	26	(	(	PUNCT
fbem-31122	43	27	section	section	NOUN
fbem-31122	43	28	3	3	NUM
fbem-31122	43	29	)	)	PUNCT
fbem-31122	43	30	,	,	PUNCT
fbem-31122	43	31	data	datum	NOUN
fbem-31122	43	32	and	and	CCONJ
fbem-31122	43	33	methodology	methodology	NOUN
fbem-31122	43	34	(	(	PUNCT
fbem-31122	43	35	section	section	NOUN
fbem-31122	43	36	4	4	NUM
fbem-31122	43	37	)	)	PUNCT
fbem-31122	43	38	,	,	PUNCT
fbem-31122	43	39	empirical	empirical	ADJ
fbem-31122	43	40	findings	finding	NOUN
fbem-31122	43	41	(	(	PUNCT
fbem-31122	43	42	section	section	NOUN
fbem-31122	43	43	5	5	NUM
fbem-31122	43	44	)	)	PUNCT
fbem-31122	43	45	,	,	PUNCT
fbem-31122	43	46	and	and	CCONJ
fbem-31122	43	47	conclusions	conclusion	NOUN
fbem-31122	43	48	with	with	ADP
fbem-31122	43	49	policy	policy	NOUN
fbem-31122	43	50	implications	implication	NOUN
fbem-31122	43	51	(	(	PUNCT
fbem-31122	43	52	section	section	NOUN
fbem-31122	43	53	6	6	NUM
fbem-31122	43	54	)	)	PUNCT
fbem-31122	43	55	.	.	PUNCT
fbem-31122	44	1	the	the	DET
fbem-31122	44	2	seminal	seminal	ADJ
fbem-31122	44	3	work	work	NOUN
fbem-31122	44	4	of	of	ADP
fbem-31122	44	5	modigliani	modigliani	PROPN
fbem-31122	44	6	and	and	CCONJ
fbem-31122	44	7	miller	miller	PROPN
fbem-31122	44	8	laid	lay	VERB
fbem-31122	44	9	the	the	DET
fbem-31122	44	10	foundation	foundation	NOUN
fbem-31122	44	11	for	for	ADP
fbem-31122	44	12	modern	modern	ADJ
fbem-31122	44	13	capital	capital	NOUN
fbem-31122	44	14	structure	structure	NOUN
fbem-31122	44	15	theory	theory	NOUN
fbem-31122	44	16	(	(	PUNCT
fbem-31122	44	17	modigliani	modigliani	PROPN
fbem-31122	44	18	&	&	CCONJ
fbem-31122	44	19	miller	miller	PROPN
fbem-31122	44	20	,	,	PUNCT
fbem-31122	44	21	1958	1958	NUM
fbem-31122	44	22	,	,	PUNCT
fbem-31122	44	23	1963	1963	NUM
fbem-31122	44	24	)	)	PUNCT
fbem-31122	44	25	.	.	PUNCT
fbem-31122	45	1	their	their	PRON
fbem-31122	45	2	initial	initial	ADJ
fbem-31122	45	3	proposition	proposition	NOUN
fbem-31122	45	4	(	(	PUNCT
fbem-31122	45	5	mm1	mm1	NOUN
fbem-31122	45	6	)	)	PUNCT
fbem-31122	45	7	posited	posit	VERB
fbem-31122	45	8	that	that	SCONJ
fbem-31122	45	9	in	in	ADP
fbem-31122	45	10	perfect	perfect	ADJ
fbem-31122	45	11	markets	market	NOUN
fbem-31122	45	12	without	without	ADP
fbem-31122	45	13	taxes	taxis	NOUN
fbem-31122	45	14	or	or	CCONJ
fbem-31122	45	15	bankruptcy	bankruptcy	NOUN
fbem-31122	45	16	costs	cost	NOUN
fbem-31122	45	17	,	,	PUNCT
fbem-31122	45	18	capital	capital	NOUN
fbem-31122	45	19	structure	structure	NOUN
fbem-31122	45	20	irrelevancy	irrelevancy	NOUN
fbem-31122	45	21	holds	hold	VERB
fbem-31122	45	22	—	—	PUNCT
fbem-31122	45	23	firm	firm	ADJ
fbem-31122	45	24	value	value	NOUN
fbem-31122	45	25	depends	depend	VERB
fbem-31122	45	26	solely	solely	ADV
fbem-31122	45	27	on	on	ADP
fbem-31122	45	28	operational	operational	ADJ
fbem-31122	45	29	efficiency	efficiency	NOUN
fbem-31122	45	30	,	,	PUNCT
fbem-31122	45	31	not	not	PART
fbem-31122	45	32	financing	finance	VERB
fbem-31122	45	33	choices	choice	NOUN
fbem-31122	45	34	.	.	PUNCT
fbem-31122	46	1	while	while	SCONJ
fbem-31122	46	2	this	this	DET
fbem-31122	46	3	framework	framework	NOUN
fbem-31122	46	4	provided	provide	VERB
fbem-31122	46	5	theoretical	theoretical	ADJ
fbem-31122	46	6	clarity	clarity	NOUN
fbem-31122	46	7	,	,	PUNCT
fbem-31122	46	8	its	its	PRON
fbem-31122	46	9	assumptions	assumption	NOUN
fbem-31122	46	10	(	(	PUNCT
fbem-31122	46	11	e.g.	e.g.	ADV
fbem-31122	46	12	,	,	PUNCT
fbem-31122	46	13	symmetric	symmetric	ADJ
fbem-31122	46	14	information	information	NOUN
fbem-31122	46	15	,	,	PUNCT
fbem-31122	46	16	no	no	DET
fbem-31122	46	17	transaction	transaction	NOUN
fbem-31122	46	18	costs	cost	NOUN
fbem-31122	46	19	)	)	PUNCT
fbem-31122	46	20	were	be	AUX
fbem-31122	46	21	criticised	criticise	VERB
fbem-31122	46	22	as	as	ADP
fbem-31122	46	23	empirically	empirically	ADV
fbem-31122	46	24	implausible	implausible	ADJ
fbem-31122	46	25	(	(	PUNCT
fbem-31122	46	26	edim	edim	PROPN
fbem-31122	46	27	et	et	PROPN
fbem-31122	46	28	al	al	PROPN
fbem-31122	46	29	.	.	PROPN
fbem-31122	46	30	,	,	PUNCT
fbem-31122	46	31	2014	2014	NUM
fbem-31122	46	32	)	)	PUNCT
fbem-31122	46	33	.	.	PUNCT
fbem-31122	47	1	the	the	DET
fbem-31122	47	2	revised	revised	ADJ
fbem-31122	47	3	mm2	mm2	PROPN
fbem-31122	47	4	theory	theory	NOUN
fbem-31122	47	5	incorporated	incorporate	VERB
fbem-31122	47	6	tax	tax	NOUN
fbem-31122	47	7	shields	shield	NOUN
fbem-31122	47	8	,	,	PUNCT
fbem-31122	47	9	demonstrating	demonstrate	VERB
fbem-31122	47	10	that	that	SCONJ
fbem-31122	47	11	debt	debt	NOUN
fbem-31122	47	12	financing	financing	NOUN
fbem-31122	47	13	enhances	enhance	VERB
fbem-31122	47	14	firm	firm	ADJ
fbem-31122	47	15	value	value	NOUN
fbem-31122	47	16	through	through	ADP
fbem-31122	47	17	interest	interest	NOUN
fbem-31122	47	18	deduction	deduction	NOUN
fbem-31122	47	19	,	,	PUNCT
fbem-31122	47	20	yet	yet	CCONJ
fbem-31122	47	21	excessive	excessive	ADJ
fbem-31122	47	22	leverage	leverage	NOUN
fbem-31122	47	23	raises	raise	VERB
fbem-31122	47	24	bankruptcy	bankruptcy	NOUN
fbem-31122	47	25	risk	risk	NOUN
fbem-31122	47	26	—	—	PUNCT
fbem-31122	47	27	a	a	DET
fbem-31122	47	28	trade	trade	NOUN
fbem-31122	47	29	-	-	PUNCT
fbem-31122	47	30	off	off	NOUN
fbem-31122	47	31	central	central	NOUN
fbem-31122	47	32	to	to	ADP
fbem-31122	47	33	subsequent	subsequent	ADJ
fbem-31122	47	34	research	research	NOUN
fbem-31122	47	35	.	.	PUNCT
fbem-31122	48	1	green	green	ADJ
fbem-31122	48	2	finance	finance	NOUN
fbem-31122	48	3	policies	policy	NOUN
fbem-31122	48	4	put	put	VERB
fbem-31122	48	5	this	this	DET
fbem-31122	48	6	logic	logic	NOUN
fbem-31122	48	7	into	into	ADP
fbem-31122	48	8	practice	practice	NOUN
fbem-31122	48	9	:	:	PUNCT
fbem-31122	48	10	tax	tax	NOUN
fbem-31122	48	11	incentives	incentive	NOUN
fbem-31122	48	12	for	for	ADP
fbem-31122	48	13	green	green	ADJ
fbem-31122	48	14	bonds	bond	NOUN
fbem-31122	48	15	encourage	encourage	VERB
fbem-31122	48	16	sustainable	sustainable	ADJ
fbem-31122	48	17	debt	debt	NOUN
fbem-31122	48	18	financing	financing	NOUN
fbem-31122	48	19	(	(	PUNCT
fbem-31122	48	20	wang	wang	PROPN
fbem-31122	48	21	et	et	PROPN
fbem-31122	48	22	al	al	PROPN
fbem-31122	48	23	.	.	PROPN
fbem-31122	48	24	,	,	PUNCT
fbem-31122	48	25	2021	2021	NUM
fbem-31122	48	26	)	)	PUNCT
fbem-31122	48	27	,	,	PUNCT
fbem-31122	48	28	while	while	SCONJ
fbem-31122	48	29	environmental	environmental	ADJ
fbem-31122	48	30	regulations	regulation	NOUN
fbem-31122	48	31	implicitly	implicitly	ADV
fbem-31122	48	32	raise	raise	VERB
fbem-31122	48	33	the	the	DET
fbem-31122	48	34	cost	cost	NOUN
fbem-31122	48	35	of	of	ADP
fbem-31122	48	36	polluting	pollute	VERB
fbem-31122	48	37	assets	asset	NOUN
fbem-31122	48	38	,	,	PUNCT
fbem-31122	48	39	effectively	effectively	ADV
fbem-31122	48	40	redefining	redefine	VERB
fbem-31122	48	41	“	"	PUNCT
fbem-31122	48	42	optimal	optimal	ADJ
fbem-31122	48	43	”	"	PUNCT
fbem-31122	48	44	capital	capital	NOUN
fbem-31122	48	45	structures	structure	NOUN
fbem-31122	48	46	in	in	ADP
fbem-31122	48	47	manufacturing	manufacturing	NOUN
fbem-31122	48	48	.	.	PUNCT
fbem-31122	49	1	however	however	ADV
fbem-31122	49	2	,	,	PUNCT
fbem-31122	49	3	macroeconomic	macroeconomic	ADJ
fbem-31122	49	4	analyses	analysis	NOUN
fbem-31122	49	5	caution	caution	VERB
fbem-31122	49	6	that	that	SCONJ
fbem-31122	49	7	tax	tax	NOUN
fbem-31122	49	8	-	-	PUNCT
fbem-31122	49	9	driven	drive	VERB
fbem-31122	49	10	adjustments	adjustment	NOUN
fbem-31122	49	11	may	may	AUX
fbem-31122	49	12	have	have	AUX
fbem-31122	49	13	limited	limit	VERB
fbem-31122	49	14	direct	direct	ADJ
fbem-31122	49	15	impact	impact	NOUN
fbem-31122	49	16	on	on	ADP
fbem-31122	49	17	sector	sector	NOUN
fbem-31122	49	18	-	-	PUNCT
fbem-31122	49	19	wide	wide	ADJ
fbem-31122	49	20	profitability	profitability	NOUN
fbem-31122	49	21	(	(	PUNCT
fbem-31122	49	22	driver	driver	NOUN
fbem-31122	49	23	,	,	PUNCT
fbem-31122	49	24	2005	2005	NUM
fbem-31122	49	25	)	)	PUNCT
fbem-31122	49	26	,	,	PUNCT
fbem-31122	49	27	underscoring	underscore	VERB
fbem-31122	49	28	the	the	DET
fbem-31122	49	29	need	need	NOUN
fbem-31122	49	30	for	for	ADP
fbem-31122	49	31	firm	firm	ADJ
fbem-31122	49	32	-	-	PUNCT
fbem-31122	49	33	level	level	NOUN
fbem-31122	49	34	empirical	empirical	ADJ
fbem-31122	49	35	validation	validation	NOUN
fbem-31122	49	36	.	.	PUNCT
fbem-31122	50	1	developments	development	NOUN
fbem-31122	50	2	in	in	ADP
fbem-31122	50	3	capital	capital	NOUN
fbem-31122	50	4	structure	structure	NOUN
fbem-31122	50	5	theory	theory	NOUN
fbem-31122	50	6	have	have	AUX
fbem-31122	50	7	emphasized	emphasize	VERB
fbem-31122	50	8	the	the	DET
fbem-31122	50	9	tension	tension	NOUN
fbem-31122	50	10	between	between	ADP
fbem-31122	50	11	the	the	DET
fbem-31122	50	12	tax	tax	NOUN
fbem-31122	50	13	advantages	advantage	NOUN
fbem-31122	50	14	of	of	ADP
fbem-31122	50	15	debt	debt	NOUN
fbem-31122	50	16	and	and	CCONJ
fbem-31122	50	17	associated	associated	ADJ
fbem-31122	50	18	risks	risk	NOUN
fbem-31122	50	19	.	.	PUNCT
fbem-31122	51	1	static	static	ADJ
fbem-31122	51	2	trade	trade	NOUN
fbem-31122	51	3	-	-	PUNCT
fbem-31122	51	4	off	off	ADP
fbem-31122	51	5	theory	theory	NOUN
fbem-31122	51	6	suggests	suggest	VERB
fbem-31122	51	7	that	that	SCONJ
fbem-31122	51	8	firms	firm	NOUN
fbem-31122	51	9	optimize	optimize	VERB
fbem-31122	51	10	value	value	NOUN
fbem-31122	51	11	by	by	ADP
fbem-31122	51	12	balancing	balance	VERB
fbem-31122	51	13	tax	tax	NOUN
fbem-31122	51	14	advantages	advantage	NOUN
fbem-31122	51	15	with	with	ADP
fbem-31122	51	16	the	the	DET
fbem-31122	51	17	costs	cost	NOUN
fbem-31122	51	18	of	of	ADP
fbem-31122	51	19	bankruptcy	bankruptcy	NOUN
fbem-31122	51	20	(	(	PUNCT
fbem-31122	51	21	stiglitz	stiglitz	PROPN
fbem-31122	51	22	,	,	PUNCT
fbem-31122	51	23	1974	1974	NUM
fbem-31122	51	24	)	)	PUNCT
fbem-31122	51	25	,	,	PUNCT
fbem-31122	51	26	but	but	CCONJ
fbem-31122	51	27	excessive	excessive	ADJ
fbem-31122	51	28	leverage	leverage	NOUN
fbem-31122	51	29	can	can	AUX
fbem-31122	51	30	undermine	undermine	VERB
fbem-31122	51	31	financial	financial	ADJ
fbem-31122	51	32	flexibility	flexibility	NOUN
fbem-31122	51	33	—	—	PUNCT
fbem-31122	51	34	particularly	particularly	ADV
fbem-31122	51	35	in	in	ADP
fbem-31122	51	36	the	the	DET
fbem-31122	51	37	manufacturing	manufacturing	NOUN
fbem-31122	51	38	sector	sector	NOUN
fbem-31122	51	39	,	,	PUNCT
fbem-31122	51	40	where	where	SCONJ
fbem-31122	51	41	fixed	fix	VERB
fbem-31122	51	42	-	-	PUNCT
fbem-31122	51	43	asset	asset	NOUN
fbem-31122	51	44	intensity	intensity	NOUN
fbem-31122	51	45	magnifies	magnify	VERB
fbem-31122	51	46	operational	operational	ADJ
fbem-31122	51	47	risk	risk	NOUN
fbem-31122	51	48	.	.	PUNCT
fbem-31122	52	1	manufacturing	manufacturing	NOUN
fbem-31122	52	2	’s	’s	PART
fbem-31122	52	3	reliance	reliance	NOUN
fbem-31122	52	4	on	on	ADP
fbem-31122	52	5	complex	complex	ADJ
fbem-31122	52	6	supply	supply	NOUN
fbem-31122	52	7	chains	chain	NOUN
fbem-31122	52	8	further	far	ADV
fbem-31122	52	9	complicates	complicate	VERB
fbem-31122	52	10	financing	financing	NOUN
fbem-31122	52	11	options	option	NOUN
fbem-31122	52	12	,	,	PUNCT
fbem-31122	52	13	as	as	SCONJ
fbem-31122	52	14	information	information	NOUN
fbem-31122	52	15	asymmetries	asymmetry	NOUN
fbem-31122	52	16	between	between	ADP
fbem-31122	52	17	managers	manager	NOUN
fbem-31122	52	18	and	and	CCONJ
fbem-31122	52	19	investors	investor	NOUN
fbem-31122	52	20	tend	tend	VERB
fbem-31122	52	21	to	to	PART
fbem-31122	52	22	discourage	discourage	VERB
fbem-31122	52	23	equity	equity	NOUN
fbem-31122	52	24	issuance	issuance	NOUN
fbem-31122	52	25	(	(	PUNCT
fbem-31122	52	26	myers	myers	PROPN
fbem-31122	52	27	,	,	PUNCT
fbem-31122	52	28	1984	1984	NUM
fbem-31122	52	29	)	)	PUNCT
fbem-31122	52	30	.	.	PUNCT
fbem-31122	53	1	the	the	DET
fbem-31122	53	2	pecking	pecking	NOUN
fbem-31122	53	3	order	order	NOUN
fbem-31122	53	4	theory	theory	NOUN
fbem-31122	53	5	therefore	therefore	ADV
fbem-31122	53	6	prioritizes	prioritize	VERB
fbem-31122	53	7	internal	internal	ADJ
fbem-31122	53	8	financing	financing	NOUN
fbem-31122	53	9	,	,	PUNCT
fbem-31122	53	10	followed	follow	VERB
fbem-31122	53	11	by	by	ADP
fbem-31122	53	12	debt	debt	NOUN
fbem-31122	53	13	and	and	CCONJ
fbem-31122	53	14	finally	finally	ADV
fbem-31122	53	15	equity	equity	NOUN
fbem-31122	53	16	—	—	PUNCT
fbem-31122	53	17	a	a	DET
fbem-31122	53	18	hierarchy	hierarchy	NOUN
fbem-31122	53	19	that	that	PRON
fbem-31122	53	20	is	be	AUX
fbem-31122	53	21	particularly	particularly	ADV
fbem-31122	53	22	important	important	ADJ
fbem-31122	53	23	for	for	ADP
fbem-31122	53	24	manufacturers	manufacturer	NOUN
fbem-31122	53	25	seeking	seek	VERB
fbem-31122	53	26	to	to	PART
fbem-31122	53	27	manage	manage	VERB
fbem-31122	53	28	production	production	NOUN
fbem-31122	53	29	cycles	cycle	NOUN
fbem-31122	53	30	while	while	SCONJ
fbem-31122	53	31	avoiding	avoid	VERB
fbem-31122	53	32	disclosure	disclosure	NOUN
fbem-31122	53	33	costs	cost	NOUN
fbem-31122	53	34	.	.	PUNCT
fbem-31122	54	1	in	in	ADP
fbem-31122	54	2	addition	addition	NOUN
fbem-31122	54	3	to	to	ADP
fbem-31122	54	4	the	the	DET
fbem-31122	54	5	theoretical	theoretical	ADJ
fbem-31122	54	6	framework	framework	NOUN
fbem-31122	54	7	,	,	PUNCT
fbem-31122	54	8	empirical	empirical	ADJ
fbem-31122	54	9	studies	study	NOUN
fbem-31122	54	10	have	have	AUX
fbem-31122	54	11	highlighted	highlight	VERB
fbem-31122	54	12	contextual	contextual	ADJ
fbem-31122	54	13	factors	factor	NOUN
fbem-31122	54	14	affecting	affect	VERB
fbem-31122	54	15	capital	capital	NOUN
fbem-31122	54	16	structure	structure	NOUN
fbem-31122	54	17	decisions	decision	NOUN
fbem-31122	54	18	,	,	PUNCT
fbem-31122	54	19	suggesting	suggest	VERB
fbem-31122	54	20	the	the	DET
fbem-31122	54	21	need	need	NOUN
fbem-31122	54	22	for	for	ADP
fbem-31122	54	23	policy	policy	NOUN
fbem-31122	54	24	-	-	PUNCT
fbem-31122	54	25	sensitive	sensitive	ADJ
fbem-31122	54	26	analyses	analysis	NOUN
fbem-31122	54	27	in	in	ADP
fbem-31122	54	28	green	green	ADJ
fbem-31122	54	29	finance	finance	NOUN
fbem-31122	54	30	research	research	NOUN
fbem-31122	54	31	.	.	PUNCT
fbem-31122	55	1	government	government	NOUN
fbem-31122	55	2	policies	policy	NOUN
fbem-31122	55	3	play	play	VERB
fbem-31122	55	4	a	a	DET
fbem-31122	55	5	dual	dual	ADJ
fbem-31122	55	6	role	role	NOUN
fbem-31122	55	7	in	in	ADP
fbem-31122	55	8	shaping	shape	VERB
fbem-31122	55	9	corporate	corporate	ADJ
fbem-31122	55	10	capital	capital	NOUN
fbem-31122	55	11	structures	structure	NOUN
fbem-31122	55	12	:	:	PUNCT
fbem-31122	55	13	they	they	PRON
fbem-31122	55	14	incentivize	incentivize	VERB
fbem-31122	55	15	sustainable	sustainable	ADJ
fbem-31122	55	16	financing	financing	NOUN
fbem-31122	55	17	while	while	SCONJ
fbem-31122	55	18	imposing	impose	VERB
fbem-31122	55	19	constraints	constraint	NOUN
fbem-31122	55	20	to	to	PART
fbem-31122	55	21	mitigate	mitigate	VERB
fbem-31122	55	22	systemic	systemic	ADJ
fbem-31122	55	23	risks	risk	NOUN
fbem-31122	55	24	.	.	PUNCT
fbem-31122	56	1	for	for	ADP
fbem-31122	56	2	instance	instance	NOUN
fbem-31122	56	3	,	,	PUNCT
fbem-31122	56	4	debt	debt	NOUN
fbem-31122	56	5	ceilings	ceiling	NOUN
fbem-31122	56	6	and	and	CCONJ
fbem-31122	56	7	equity	equity	NOUN
fbem-31122	56	8	issuance	issuance	NOUN
fbem-31122	56	9	regulations	regulation	NOUN
fbem-31122	56	10	aim	aim	VERB
fbem-31122	56	11	to	to	PART
fbem-31122	56	12	prevent	prevent	VERB
fbem-31122	56	13	over	over	ADP
fbem-31122	56	14	-	-	PUNCT
fbem-31122	56	15	leverage	leverage	NOUN
fbem-31122	56	16	(	(	PUNCT
fbem-31122	56	17	herring	herring	NOUN
fbem-31122	56	18	&	&	CCONJ
fbem-31122	56	19	chatusripitak	chatusripitak	PROPN
fbem-31122	56	20	,	,	PUNCT
fbem-31122	56	21	2000	2000	NUM
fbem-31122	56	22	)	)	PUNCT
fbem-31122	56	23	,	,	PUNCT
fbem-31122	56	24	complemented	complement	VERB
fbem-31122	56	25	by	by	ADP
fbem-31122	56	26	governance	governance	NOUN
fbem-31122	56	27	frameworks	framework	NOUN
fbem-31122	56	28	like	like	ADP
fbem-31122	56	29	the	the	DET
fbem-31122	56	30	uk	uk	PROPN
fbem-31122	56	31	corporate	corporate	ADJ
fbem-31122	56	32	governance	governance	NOUN
fbem-31122	56	33	code	code	NOUN
fbem-31122	56	34	(	(	PUNCT
fbem-31122	56	35	2012	2012	NUM
fbem-31122	56	36	)	)	PUNCT
fbem-31122	56	37	,	,	PUNCT
fbem-31122	56	38	which	which	PRON
fbem-31122	56	39	mandates	mandate	VERB
fbem-31122	56	40	board	board	VERB
fbem-31122	56	41	accountability	accountability	NOUN
fbem-31122	56	42	and	and	CCONJ
fbem-31122	56	43	shareholder	shareholder	NOUN
fbem-31122	56	44	rights	right	NOUN
fbem-31122	56	45	protection	protection	NOUN
fbem-31122	56	46	.	.	PUNCT
fbem-31122	57	1	these	these	DET
fbem-31122	57	2	measures	measure	NOUN
fbem-31122	57	3	are	be	AUX
fbem-31122	57	4	particularly	particularly	ADV
fbem-31122	57	5	consequential	consequential	ADJ
fbem-31122	57	6	for	for	ADP
fbem-31122	57	7	manufacturing	manufacturing	NOUN
fbem-31122	57	8	—	—	PUNCT
fbem-31122	57	9	a	a	DET
fbem-31122	57	10	capital	capital	NOUN
fbem-31122	57	11	-	-	PUNCT
fbem-31122	57	12	intensive	intensive	ADJ
fbem-31122	57	13	sector	sector	NOUN
fbem-31122	57	14	reliant	reliant	ADJ
fbem-31122	57	15	on	on	ADP
fbem-31122	57	16	longterm	longterm	ADJ
fbem-31122	57	17	debt	debt	NOUN
fbem-31122	57	18	and	and	CCONJ
fbem-31122	57	19	project	project	NOUN
fbem-31122	57	20	financing	financing	NOUN
fbem-31122	57	21	for	for	ADP
fbem-31122	57	22	equipment	equipment	NOUN
fbem-31122	57	23	and	and	CCONJ
fbem-31122	57	24	production	production	NOUN
fbem-31122	57	25	line	line	NOUN
fbem-31122	57	26	investments	investment	NOUN
fbem-31122	57	27	.	.	PUNCT
fbem-31122	58	1	unlike	unlike	ADP
fbem-31122	58	2	tech	tech	NOUN
fbem-31122	58	3	industries	industry	NOUN
fbem-31122	58	4	,	,	PUNCT
fbem-31122	58	5	manufacturers	manufacturer	NOUN
fbem-31122	58	6	prioritize	prioritize	VERB
fbem-31122	58	7	capital	capital	NOUN
fbem-31122	58	8	structure	structure	NOUN
fbem-31122	58	9	stability	stability	NOUN
fbem-31122	58	10	,	,	PUNCT
fbem-31122	58	11	often	often	ADV
fbem-31122	58	12	opting	opt	VERB
fbem-31122	58	13	for	for	ADP
fbem-31122	58	14	leases	lease	NOUN
fbem-31122	58	15	to	to	PART
fbem-31122	58	16	convert	convert	VERB
fbem-31122	58	17	fixed	fix	VERB
fbem-31122	58	18	costs	cost	NOUN
fbem-31122	58	19	and	and	CCONJ
fbem-31122	58	20	maintaining	maintain	VERB
fbem-31122	58	21	conservative	conservative	ADJ
fbem-31122	58	22	leverage	leverage	NOUN
fbem-31122	58	23	ratios	ratio	NOUN
fbem-31122	58	24	to	to	PART
fbem-31122	58	25	safeguard	safeguard	VERB
fbem-31122	58	26	solvency	solvency	NOUN
fbem-31122	58	27	.	.	PUNCT
fbem-31122	59	1	policy	policy	NOUN
fbem-31122	59	2	interventions	intervention	NOUN
fbem-31122	59	3	further	far	ADV
fbem-31122	59	4	amplify	amplify	VERB
fbem-31122	59	5	this	this	DET
fbem-31122	59	6	dynamic	dynamic	ADJ
fbem-31122	59	7	:	:	PUNCT
fbem-31122	59	8	low	low	ADJ
fbem-31122	59	9	-	-	PUNCT
fbem-31122	59	10	interest	interest	NOUN
fbem-31122	59	11	loans	loan	NOUN
fbem-31122	59	12	and	and	CCONJ
fbem-31122	59	13	r&d	r&d	NOUN
fbem-31122	59	14	tax	tax	NOUN
fbem-31122	59	15	credits	credit	NOUN
fbem-31122	59	16	reduce	reduce	VERB
fbem-31122	59	17	financing	financing	NOUN
fbem-31122	59	18	costs	cost	NOUN
fbem-31122	59	19	,	,	PUNCT
fbem-31122	59	20	while	while	SCONJ
fbem-31122	59	21	post	post	ADJ
fbem-31122	59	22	-	-	ADJ
fbem-31122	59	23	brexit	brexit	ADJ
fbem-31122	59	24	trade	trade	NOUN
fbem-31122	59	25	support	support	NOUN
fbem-31122	59	26	(	(	PUNCT
fbem-31122	59	27	mendez	mendez	PROPN
fbem-31122	59	28	-	-	PUNCT
fbem-31122	59	29	parra	parra	PROPN
fbem-31122	59	30	et	et	PROPN
fbem-31122	59	31	al	al	PROPN
fbem-31122	59	32	.	.	PROPN
fbem-31122	59	33	,	,	PUNCT
fbem-31122	59	34	2016	2016	NUM
fbem-31122	59	35	)	)	PUNCT
fbem-31122	59	36	eases	ease	VERB
fbem-31122	59	37	market	market	NOUN
fbem-31122	59	38	expansion	expansion	NOUN
fbem-31122	59	39	barriers	barrier	NOUN
fbem-31122	59	40	.	.	PUNCT
fbem-31122	60	1	collectively	collectively	ADV
fbem-31122	60	2	,	,	PUNCT
fbem-31122	60	3	such	such	ADJ
fbem-31122	60	4	policies	policy	NOUN
fbem-31122	60	5	recalibrate	recalibrate	VERB
fbem-31122	60	6	manufacturing	manufacture	VERB
fbem-31122	60	7	capital	capital	NOUN
fbem-31122	60	8	structures	structure	NOUN
fbem-31122	60	9	toward	toward	ADP
fbem-31122	60	10	sustainability	sustainability	NOUN
fbem-31122	60	11	without	without	ADP
fbem-31122	60	12	compromising	compromise	VERB
fbem-31122	60	13	sector	sector	NOUN
fbem-31122	60	14	-	-	PUNCT
fbem-31122	60	15	specific	specific	ADJ
fbem-31122	60	16	operational	operational	ADJ
fbem-31122	60	17	needs	need	NOUN
fbem-31122	60	18	.	.	PUNCT
fbem-31122	61	1	green	green	ADJ
fbem-31122	61	2	finance	finance	NOUN
fbem-31122	61	3	policy	policy	NOUN
fbem-31122	61	4	emerged	emerge	VERB
fbem-31122	61	5	in	in	ADP
fbem-31122	61	6	response	response	NOUN
fbem-31122	61	7	to	to	ADP
fbem-31122	61	8	global	global	ADJ
fbem-31122	61	9	sustainability	sustainability	NOUN
fbem-31122	61	10	imperatives	imperative	NOUN
fbem-31122	61	11	and	and	CCONJ
fbem-31122	61	12	has	have	AUX
fbem-31122	61	13	been	be	AUX
fbem-31122	61	14	formalized	formalize	VERB
fbem-31122	61	15	through	through	ADP
fbem-31122	61	16	frameworks	framework	NOUN
fbem-31122	61	17	like	like	ADP
fbem-31122	61	18	the	the	DET
fbem-31122	61	19	1992	1992	NUM
fbem-31122	61	20	unfccc	unfccc	PROPN
fbem-31122	61	21	.	.	PUNCT
fbem-31122	62	1	unlike	unlike	ADP
fbem-31122	62	2	broad	broad	ADJ
fbem-31122	62	3	governmental	governmental	ADJ
fbem-31122	62	4	policies	policy	NOUN
fbem-31122	62	5	targeting	target	VERB
fbem-31122	62	6	economic	economic	ADJ
fbem-31122	62	7	growth	growth	NOUN
fbem-31122	62	8	,	,	PUNCT
fbem-31122	62	9	green	green	ADJ
fbem-31122	62	10	finance	finance	NOUN
fbem-31122	62	11	specifically	specifically	ADV
fbem-31122	62	12	channels	channel	VERB
fbem-31122	62	13	capital	capital	NOUN
fbem-31122	62	14	—	—	PUNCT
fbem-31122	62	15	via	via	ADP
fbem-31122	62	16	instruments	instrument	NOUN
fbem-31122	62	17	such	such	ADJ
fbem-31122	62	18	as	as	ADP
fbem-31122	62	19	green	green	ADJ
fbem-31122	62	20	bonds	bond	NOUN
fbem-31122	62	21	and	and	CCONJ
fbem-31122	62	22	subsidized	subsidized	ADJ
fbem-31122	62	23	loans	loan	NOUN
fbem-31122	62	24	—	—	PUNCT
fbem-31122	62	25	toward	toward	ADP
fbem-31122	62	26	environmentally	environmentally	ADV
fbem-31122	62	27	aligned	aligned	ADJ
fbem-31122	62	28	sectors	sector	NOUN
fbem-31122	62	29	.	.	PUNCT
fbem-31122	63	1	this	this	DET
fbem-31122	63	2	targeted	target	VERB
fbem-31122	63	3	approach	approach	NOUN
fbem-31122	63	4	creates	create	VERB
fbem-31122	63	5	dual	dual	ADJ
fbem-31122	63	6	incentives	incentive	NOUN
fbem-31122	63	7	:	:	PUNCT
fbem-31122	63	8	for	for	ADP
fbem-31122	63	9	manufacturers	manufacturer	NOUN
fbem-31122	63	10	,	,	PUNCT
fbem-31122	63	11	compliance	compliance	NOUN
fbem-31122	63	12	with	with	ADP
fbem-31122	63	13	green	green	ADJ
fbem-31122	63	14	standards	standard	NOUN
fbem-31122	63	15	lowers	lower	VERB
fbem-31122	63	16	financing	financing	NOUN
fbem-31122	63	17	costs	cost	NOUN
fbem-31122	63	18	and	and	CCONJ
fbem-31122	63	19	operational	operational	ADJ
fbem-31122	63	20	risks	risk	NOUN
fbem-31122	63	21	;	;	PUNCT
fbem-31122	63	22	for	for	ADP
fbem-31122	63	23	investors	investor	NOUN
fbem-31122	63	24	,	,	PUNCT
fbem-31122	63	25	it	it	PRON
fbem-31122	63	26	mitigates	mitigate	VERB
fbem-31122	63	27	long	long	ADJ
fbem-31122	63	28	-	-	PUNCT
fbem-31122	63	29	term	term	NOUN
fbem-31122	63	30	climate	climate	NOUN
fbem-31122	63	31	liabilities	liability	NOUN
fbem-31122	63	32	while	while	SCONJ
fbem-31122	63	33	enhancing	enhance	VERB
fbem-31122	63	34	market	market	NOUN
fbem-31122	63	35	competitiveness	competitiveness	NOUN
fbem-31122	63	36	through	through	ADP
fbem-31122	63	37	eco	eco	NOUN
fbem-31122	63	38	-	-	PUNCT
fbem-31122	63	39	innovation	innovation	NOUN
fbem-31122	63	40	(	(	PUNCT
fbem-31122	63	41	schoenmaker	schoenmaker	NOUN
fbem-31122	63	42	&	&	CCONJ
fbem-31122	63	43	schramade	schramade	PROPN
fbem-31122	63	44	,	,	PUNCT
fbem-31122	63	45	2018	2018	NUM
fbem-31122	63	46	)	)	PUNCT
fbem-31122	63	47	.	.	PUNCT
fbem-31122	64	1	critically	critically	ADV
fbem-31122	64	2	,	,	PUNCT
fbem-31122	64	3	green	green	ADJ
fbem-31122	64	4	finance	finance	NOUN
fbem-31122	64	5	’s	’s	PART
fbem-31122	64	6	sector	sector	NOUN
fbem-31122	64	7	-	-	PUNCT
fbem-31122	64	8	specific	specific	ADJ
fbem-31122	64	9	mechanisms	mechanism	NOUN
fbem-31122	64	10	(	(	PUNCT
fbem-31122	64	11	e.g.	e.g.	ADV
fbem-31122	64	12	,	,	PUNCT
fbem-31122	64	13	emissions	emission	NOUN
fbem-31122	64	14	-	-	PUNCT
fbem-31122	64	15	linked	link	VERB
fbem-31122	64	16	loan	loan	NOUN
fbem-31122	64	17	rates	rate	NOUN
fbem-31122	64	18	)	)	PUNCT
fbem-31122	64	19	differ	differ	VERB
fbem-31122	64	20	from	from	ADP
fbem-31122	64	21	conventional	conventional	ADJ
fbem-31122	64	22	fiscal	fiscal	ADJ
fbem-31122	64	23	tools	tool	NOUN
fbem-31122	64	24	(	(	PUNCT
fbem-31122	64	25	e.g.	e.g.	ADV
fbem-31122	64	26	,	,	PUNCT
fbem-31122	64	27	tax	tax	NOUN
fbem-31122	64	28	subsidies	subsidy	NOUN
fbem-31122	64	29	)	)	PUNCT
fbem-31122	64	30	,	,	PUNCT
fbem-31122	64	31	explicitly	explicitly	ADV
fbem-31122	64	32	tying	tie	VERB
fbem-31122	64	33	capital	capital	NOUN
fbem-31122	64	34	accessibility	accessibility	NOUN
fbem-31122	64	35	to	to	ADP
fbem-31122	64	36	environmental	environmental	ADJ
fbem-31122	64	37	performance	performance	NOUN
fbem-31122	64	38	and	and	CCONJ
fbem-31122	64	39	thereby	thereby	ADV
fbem-31122	64	40	reshaping	reshape	VERB
fbem-31122	64	41	industrial	industrial	ADJ
fbem-31122	64	42	practices	practice	NOUN
fbem-31122	64	43	without	without	ADP
fbem-31122	64	44	compromising	compromise	VERB
fbem-31122	64	45	economic	economic	ADJ
fbem-31122	64	46	viability	viability	NOUN
fbem-31122	64	47	.	.	PUNCT
fbem-31122	65	1	green	green	ADJ
fbem-31122	65	2	finance	finance	NOUN
fbem-31122	65	3	policies	policy	NOUN
fbem-31122	65	4	propel	propel	VERB
fbem-31122	65	5	the	the	DET
fbem-31122	65	6	uk	uk	PROPN
fbem-31122	65	7	manufacturing	manufacturing	NOUN
fbem-31122	65	8	sector	sector	NOUN
fbem-31122	65	9	’s	’s	PART
fbem-31122	65	10	144	144	NUM
fbem-31122	65	11	transition	transition	NOUN
fbem-31122	65	12	by	by	ADP
fbem-31122	65	13	synergizing	synergize	VERB
fbem-31122	65	14	technological	technological	ADJ
fbem-31122	65	15	advancement	advancement	NOUN
fbem-31122	65	16	,	,	PUNCT
fbem-31122	65	17	structural	structural	ADJ
fbem-31122	65	18	optimization	optimization	NOUN
fbem-31122	65	19	,	,	PUNCT
fbem-31122	65	20	and	and	CCONJ
fbem-31122	65	21	market	market	NOUN
fbem-31122	65	22	efficiency	efficiency	NOUN
fbem-31122	65	23	.	.	PUNCT
fbem-31122	66	1	by	by	ADP
fbem-31122	66	2	alleviating	alleviate	VERB
fbem-31122	66	3	financing	financing	NOUN
fbem-31122	66	4	constraints	constraint	NOUN
fbem-31122	66	5	,	,	PUNCT
fbem-31122	66	6	these	these	DET
fbem-31122	66	7	policies	policy	NOUN
fbem-31122	66	8	enable	enable	VERB
fbem-31122	66	9	manufacturers	manufacturer	NOUN
fbem-31122	66	10	to	to	PART
fbem-31122	66	11	adopt	adopt	VERB
fbem-31122	66	12	cost	cost	NOUN
fbem-31122	66	13	-	-	PUNCT
fbem-31122	66	14	reducing	reduce	VERB
fbem-31122	66	15	innovations	innovation	NOUN
fbem-31122	66	16	(	(	PUNCT
fbem-31122	66	17	ramanathan	ramanathan	INTJ
fbem-31122	66	18	et	et	PROPN
fbem-31122	66	19	al	al	PROPN
fbem-31122	66	20	.	.	PROPN
fbem-31122	66	21	,	,	PUNCT
fbem-31122	66	22	2017	2017	NUM
fbem-31122	66	23	)	)	PUNCT
fbem-31122	66	24	,	,	PUNCT
fbem-31122	66	25	which	which	PRON
fbem-31122	66	26	in	in	ADP
fbem-31122	66	27	turn	turn	NOUN
fbem-31122	66	28	foster	foster	ADJ
fbem-31122	66	29	economies	economy	NOUN
fbem-31122	66	30	of	of	ADP
fbem-31122	66	31	scale	scale	NOUN
fbem-31122	66	32	and	and	CCONJ
fbem-31122	66	33	industrial	industrial	ADJ
fbem-31122	66	34	restructuring	restructuring	NOUN
fbem-31122	66	35	(	(	PUNCT
fbem-31122	66	36	du	du	PROPN
fbem-31122	66	37	&	&	CCONJ
fbem-31122	66	38	temouri	temouri	PROPN
fbem-31122	66	39	,	,	PUNCT
fbem-31122	66	40	2015	2015	NUM
fbem-31122	66	41	)	)	PUNCT
fbem-31122	66	42	.	.	PUNCT
fbem-31122	67	1	concurrently	concurrently	ADV
fbem-31122	67	2	,	,	PUNCT
fbem-31122	67	3	capital	capital	NOUN
fbem-31122	67	4	reallocation	reallocation	NOUN
fbem-31122	67	5	toward	toward	ADP
fbem-31122	67	6	sustainable	sustainable	ADJ
fbem-31122	67	7	.	.	PUNCT
fbem-31122	68	1	while	while	SCONJ
fbem-31122	68	2	green	green	ADJ
fbem-31122	68	3	finance	finance	NOUN
fbem-31122	68	4	policies	policy	NOUN
fbem-31122	68	5	are	be	AUX
fbem-31122	68	6	widely	widely	ADV
fbem-31122	68	7	acknowledged	acknowledge	VERB
fbem-31122	68	8	for	for	ADP
fbem-31122	68	9	driving	drive	VERB
fbem-31122	68	10	regional	regional	ADJ
fbem-31122	68	11	economic	economic	ADJ
fbem-31122	68	12	growth	growth	NOUN
fbem-31122	68	13	—	—	PUNCT
fbem-31122	68	14	evidenced	evidence	VERB
fbem-31122	68	15	by	by	ADP
fbem-31122	68	16	china	china	PROPN
fbem-31122	68	17	’s	’s	PART
fbem-31122	68	18	carbon	carbon	PROPN
fbem-31122	68	19	trading	trading	NOUN
fbem-31122	68	20	pilot	pilot	NOUN
fbem-31122	68	21	programmes	programme	NOUN
fbem-31122	68	22	generating	generate	VERB
fbem-31122	68	23	$	$	SYM
fbem-31122	68	24	4.7	4.7	NUM
fbem-31122	68	25	billion	billion	NUM
fbem-31122	68	26	since	since	SCONJ
fbem-31122	68	27	2011	2011	NUM
fbem-31122	68	28	(	(	PUNCT
fbem-31122	68	29	zhou	zhou	X
fbem-31122	68	30	et	et	PROPN
fbem-31122	68	31	al	al	PROPN
fbem-31122	68	32	.	.	PROPN
fbem-31122	68	33	,	,	PUNCT
fbem-31122	68	34	2020)—their	2020)—their	NUM
fbem-31122	68	35	efficacy	efficacy	NOUN
fbem-31122	68	36	in	in	ADP
fbem-31122	68	37	directly	directly	ADV
fbem-31122	68	38	reshaping	reshape	VERB
fbem-31122	68	39	corporate	corporate	ADJ
fbem-31122	68	40	capital	capital	NOUN
fbem-31122	68	41	structures	structure	NOUN
fbem-31122	68	42	remains	remain	VERB
fbem-31122	68	43	contested	contest	VERB
fbem-31122	68	44	.	.	PUNCT
fbem-31122	69	1	proponents	proponent	NOUN
fbem-31122	69	2	argue	argue	VERB
fbem-31122	69	3	that	that	SCONJ
fbem-31122	69	4	such	such	ADJ
fbem-31122	69	5	policies	policy	NOUN
fbem-31122	69	6	optimise	optimise	VERB
fbem-31122	69	7	resource	resource	NOUN
fbem-31122	69	8	allocation	allocation	NOUN
fbem-31122	69	9	and	and	CCONJ
fbem-31122	69	10	industrial	industrial	ADJ
fbem-31122	69	11	upgrading	upgrading	NOUN
fbem-31122	69	12	(	(	PUNCT
fbem-31122	69	13	shi	shi	PROPN
fbem-31122	69	14	et	et	PROPN
fbem-31122	69	15	al	al	PROPN
fbem-31122	69	16	.	.	PROPN
fbem-31122	69	17	,	,	PUNCT
fbem-31122	69	18	2022	2022	NUM
fbem-31122	69	19	)	)	PUNCT
fbem-31122	69	20	,	,	PUNCT
fbem-31122	69	21	with	with	ADP
fbem-31122	69	22	improved	improved	ADJ
fbem-31122	69	23	environmental	environmental	ADJ
fbem-31122	69	24	performance	performance	NOUN
fbem-31122	69	25	reducing	reduce	VERB
fbem-31122	69	26	information	information	NOUN
fbem-31122	69	27	asymmetry	asymmetry	NOUN
fbem-31122	69	28	and	and	CCONJ
fbem-31122	69	29	securing	secure	VERB
fbem-31122	69	30	preferential	preferential	ADJ
fbem-31122	69	31	financing	financing	NOUN
fbem-31122	69	32	for	for	ADP
fbem-31122	69	33	low	low	ADJ
fbem-31122	69	34	-	-	PUNCT
fbem-31122	69	35	carbon	carbon	NOUN
fbem-31122	69	36	manufacturers	manufacturer	NOUN
fbem-31122	69	37	(	(	PUNCT
fbem-31122	69	38	udeagha	udeagha	PROPN
fbem-31122	69	39	&	&	CCONJ
fbem-31122	69	40	muchapondwa	muchapondwa	PROPN
fbem-31122	69	41	,	,	PUNCT
fbem-31122	69	42	2023	2023	NUM
fbem-31122	69	43	)	)	PUNCT
fbem-31122	69	44	.	.	PUNCT
fbem-31122	70	1	conversely	conversely	ADV
fbem-31122	70	2	,	,	PUNCT
fbem-31122	70	3	critics	critic	NOUN
fbem-31122	70	4	highlight	highlight	VERB
fbem-31122	70	5	unintended	unintended	ADJ
fbem-31122	70	6	consequences	consequence	NOUN
fbem-31122	70	7	:	:	PUNCT
fbem-31122	70	8	excessive	excessive	ADJ
fbem-31122	70	9	subsidies	subsidy	NOUN
fbem-31122	70	10	may	may	AUX
fbem-31122	70	11	distort	distort	VERB
fbem-31122	70	12	markets	market	NOUN
fbem-31122	70	13	(	(	PUNCT
fbem-31122	70	14	feng	feng	PROPN
fbem-31122	70	15	et	et	PROPN
fbem-31122	70	16	al	al	PROPN
fbem-31122	70	17	.	.	PROPN
fbem-31122	70	18	,	,	PUNCT
fbem-31122	70	19	2022	2022	NUM
fbem-31122	70	20	)	)	PUNCT
fbem-31122	70	21	,	,	PUNCT
fbem-31122	70	22	while	while	SCONJ
fbem-31122	70	23	poorly	poorly	ADV
fbem-31122	70	24	designed	design	VERB
fbem-31122	70	25	incentives	incentive	NOUN
fbem-31122	70	26	can	can	AUX
fbem-31122	70	27	entrench	entrench	VERB
fbem-31122	70	28	high	high	ADJ
fbem-31122	70	29	-	-	PUNCT
fbem-31122	70	30	pollution	pollution	NOUN
fbem-31122	70	31	industries	industry	NOUN
fbem-31122	70	32	’	'	PUNCT
fbem-31122	70	33	credit	credit	NOUN
fbem-31122	70	34	barriers	barrier	NOUN
fbem-31122	70	35	without	without	ADP
fbem-31122	70	36	curbing	curb	VERB
fbem-31122	70	37	emissions	emission	NOUN
fbem-31122	70	38	(	(	PUNCT
fbem-31122	70	39	usman	usman	NOUN
fbem-31122	70	40	et	et	PROPN
fbem-31122	70	41	al	al	PROPN
fbem-31122	70	42	.	.	PROPN
fbem-31122	70	43	,	,	PUNCT
fbem-31122	70	44	2021	2021	NUM
fbem-31122	70	45	)	)	PUNCT
fbem-31122	70	46	.	.	PUNCT
fbem-31122	71	1	for	for	ADP
fbem-31122	71	2	manufacturing	manufacturing	NOUN
fbem-31122	71	3	firms	firm	NOUN
fbem-31122	71	4	,	,	PUNCT
fbem-31122	71	5	this	this	DET
fbem-31122	71	6	duality	duality	NOUN
fbem-31122	71	7	manifests	manifest	VERB
fbem-31122	71	8	in	in	ADP
fbem-31122	71	9	strategic	strategic	ADJ
fbem-31122	71	10	adaptations	adaptation	NOUN
fbem-31122	71	11	—	—	PUNCT
fbem-31122	71	12	such	such	ADJ
fbem-31122	71	13	as	as	ADP
fbem-31122	71	14	voluntary	voluntary	ADJ
fbem-31122	71	15	environmental	environmental	ADJ
fbem-31122	71	16	disclosures	disclosure	NOUN
fbem-31122	71	17	to	to	PART
fbem-31122	71	18	lower	low	ADJ
fbem-31122	71	19	debt	debt	NOUN
fbem-31122	71	20	costs	cost	NOUN
fbem-31122	71	21	(	(	PUNCT
fbem-31122	71	22	chen	chen	PROPN
fbem-31122	71	23	et	et	PROPN
fbem-31122	71	24	al	al	PROPN
fbem-31122	71	25	.	.	PROPN
fbem-31122	71	26	,	,	PUNCT
fbem-31122	72	1	2023)—amid	2023)—amid	NUM
fbem-31122	72	2	tightening	tighten	VERB
fbem-31122	72	3	regulations	regulation	NOUN
fbem-31122	72	4	that	that	PRON
fbem-31122	72	5	prioritize	prioritize	VERB
fbem-31122	72	6	energy	energy	NOUN
fbem-31122	72	7	efficiency	efficiency	NOUN
fbem-31122	72	8	over	over	ADP
fbem-31122	72	9	short	short	ADJ
fbem-31122	72	10	-	-	PUNCT
fbem-31122	72	11	term	term	NOUN
fbem-31122	72	12	profitability	profitability	NOUN
fbem-31122	72	13	(	(	PUNCT
fbem-31122	72	14	ran	ran	NOUN
fbem-31122	72	15	&	&	CCONJ
fbem-31122	72	16	zhang	zhang	PROPN
fbem-31122	72	17	,	,	PUNCT
fbem-31122	72	18	2023	2023	NUM
fbem-31122	72	19	)	)	PUNCT
fbem-31122	72	20	.	.	PUNCT
fbem-31122	73	1	ultimately	ultimately	ADV
fbem-31122	73	2	,	,	PUNCT
fbem-31122	73	3	the	the	DET
fbem-31122	73	4	success	success	NOUN
fbem-31122	73	5	of	of	ADP
fbem-31122	73	6	green	green	ADJ
fbem-31122	73	7	finance	finance	NOUN
fbem-31122	73	8	hinges	hinge	NOUN
fbem-31122	73	9	on	on	ADP
fbem-31122	73	10	balancing	balance	VERB
fbem-31122	73	11	structural	structural	ADJ
fbem-31122	73	12	reforms	reform	NOUN
fbem-31122	73	13	(	(	PUNCT
fbem-31122	73	14	e.g.	e.g.	ADV
fbem-31122	73	15	,	,	PUNCT
fbem-31122	73	16	unified	unified	ADJ
fbem-31122	73	17	international	international	ADJ
fbem-31122	73	18	standards	standard	NOUN
fbem-31122	73	19	)	)	PUNCT
fbem-31122	73	20	with	with	ADP
fbem-31122	73	21	sectorspecific	sectorspecific	ADJ
fbem-31122	73	22	flexibility	flexibility	NOUN
fbem-31122	73	23	to	to	PART
fbem-31122	73	24	avoid	avoid	VERB
fbem-31122	73	25	stifling	stifle	VERB
fbem-31122	73	26	innovation	innovation	NOUN
fbem-31122	73	27	.	.	PUNCT
fbem-31122	74	1	the	the	DET
fbem-31122	74	2	determinants	determinant	NOUN
fbem-31122	74	3	of	of	ADP
fbem-31122	74	4	corporate	corporate	ADJ
fbem-31122	74	5	capital	capital	NOUN
fbem-31122	74	6	structure	structure	NOUN
fbem-31122	74	7	remain	remain	VERB
fbem-31122	74	8	debated	debate	VERB
fbem-31122	74	9	,	,	PUNCT
fbem-31122	74	10	particularly	particularly	ADV
fbem-31122	74	11	regarding	regard	VERB
fbem-31122	74	12	the	the	DET
fbem-31122	74	13	role	role	NOUN
fbem-31122	74	14	of	of	ADP
fbem-31122	74	15	firm	firm	ADJ
fbem-31122	74	16	-	-	PUNCT
fbem-31122	74	17	specific	specific	ADJ
fbem-31122	74	18	factors	factor	NOUN
fbem-31122	74	19	.	.	PUNCT
fbem-31122	75	1	while	while	SCONJ
fbem-31122	75	2	some	some	DET
fbem-31122	75	3	studies	study	NOUN
fbem-31122	75	4	suggest	suggest	VERB
fbem-31122	75	5	larger	large	ADJ
fbem-31122	75	6	firms	firm	NOUN
fbem-31122	75	7	exhibit	exhibit	VERB
fbem-31122	75	8	lower	low	ADJ
fbem-31122	75	9	leverage	leverage	NOUN
fbem-31122	75	10	due	due	ADP
fbem-31122	75	11	to	to	ADP
fbem-31122	75	12	diversified	diversify	VERB
fbem-31122	75	13	funding	funding	NOUN
fbem-31122	75	14	sources	source	NOUN
fbem-31122	75	15	,	,	PUNCT
fbem-31122	75	16	others	other	NOUN
fbem-31122	75	17	posit	posit	VERB
fbem-31122	75	18	a	a	DET
fbem-31122	75	19	positive	positive	ADJ
fbem-31122	75	20	size	size	NOUN
fbem-31122	75	21	–	–	PUNCT
fbem-31122	75	22	leverage	leverage	NOUN
fbem-31122	75	23	correlation	correlation	NOUN
fbem-31122	75	24	driven	drive	VERB
fbem-31122	75	25	by	by	ADP
fbem-31122	75	26	economies	economy	NOUN
fbem-31122	75	27	of	of	ADP
fbem-31122	75	28	scale	scale	NOUN
fbem-31122	75	29	.	.	PUNCT
fbem-31122	76	1	this	this	DET
fbem-31122	76	2	divergence	divergence	NOUN
fbem-31122	76	3	underscores	underscore	VERB
fbem-31122	76	4	the	the	DET
fbem-31122	76	5	sector	sector	NOUN
fbem-31122	76	6	’s	’s	PART
fbem-31122	76	7	heterogeneity	heterogeneity	NOUN
fbem-31122	76	8	:	:	PUNCT
fbem-31122	76	9	in	in	ADP
fbem-31122	76	10	manufacturing	manufacturing	NOUN
fbem-31122	76	11	,	,	PUNCT
fbem-31122	76	12	capital	capital	NOUN
fbem-31122	76	13	intensity	intensity	NOUN
fbem-31122	76	14	amplifies	amplify	VERB
fbem-31122	76	15	the	the	DET
fbem-31122	76	16	importance	importance	NOUN
fbem-31122	76	17	of	of	ADP
fbem-31122	76	18	profitability	profitability	NOUN
fbem-31122	76	19	and	and	CCONJ
fbem-31122	76	20	growth	growth	NOUN
fbem-31122	76	21	capacity	capacity	NOUN
fbem-31122	76	22	,	,	PUNCT
fbem-31122	76	23	whereas	whereas	SCONJ
fbem-31122	76	24	non	non	ADJ
fbem-31122	76	25	-	-	ADJ
fbem-31122	76	26	debt	debt	ADJ
fbem-31122	76	27	tax	tax	NOUN
fbem-31122	76	28	shields	shield	NOUN
fbem-31122	76	29	show	show	VERB
fbem-31122	76	30	limited	limit	VERB
fbem-31122	76	31	explanatory	explanatory	ADJ
fbem-31122	76	32	power	power	NOUN
fbem-31122	76	33	(	(	PUNCT
fbem-31122	76	34	acaravci	acaravci	PROPN
fbem-31122	76	35	,	,	PUNCT
fbem-31122	76	36	2015	2015	NUM
fbem-31122	76	37	)	)	PUNCT
fbem-31122	76	38	.	.	PUNCT
fbem-31122	77	1	to	to	PART
fbem-31122	77	2	isolate	isolate	VERB
fbem-31122	77	3	green	green	ADJ
fbem-31122	77	4	finance	finance	NOUN
fbem-31122	77	5	policy	policy	NOUN
fbem-31122	77	6	effects	effect	NOUN
fbem-31122	77	7	,	,	PUNCT
fbem-31122	77	8	empirical	empirical	ADJ
fbem-31122	77	9	analyses	analysis	NOUN
fbem-31122	77	10	must	must	AUX
fbem-31122	77	11	control	control	VERB
fbem-31122	77	12	for	for	ADP
fbem-31122	77	13	these	these	DET
fbem-31122	77	14	endogenous	endogenous	ADJ
fbem-31122	77	15	variables	variable	NOUN
fbem-31122	77	16	—	—	PUNCT
fbem-31122	77	17	such	such	ADJ
fbem-31122	77	18	as	as	ADP
fbem-31122	77	19	firm	firm	ADJ
fbem-31122	77	20	size	size	NOUN
fbem-31122	77	21	,	,	PUNCT
fbem-31122	77	22	profitability	profitability	NOUN
fbem-31122	77	23	,	,	PUNCT
fbem-31122	77	24	and	and	CCONJ
fbem-31122	77	25	liquidity	liquidity	NOUN
fbem-31122	77	26	—	—	PUNCT
fbem-31122	77	27	while	while	SCONJ
fbem-31122	77	28	mitigating	mitigate	VERB
fbem-31122	77	29	multicollinearity	multicollinearity	NOUN
fbem-31122	77	30	risks	risk	NOUN
fbem-31122	77	31	through	through	ADP
fbem-31122	77	32	careful	careful	ADJ
fbem-31122	77	33	variable	variable	ADJ
fbem-31122	77	34	selection	selection	NOUN
fbem-31122	77	35	.	.	PUNCT
fbem-31122	78	1	green	green	ADJ
fbem-31122	78	2	finance	finance	NOUN
fbem-31122	78	3	policies	policy	NOUN
fbem-31122	78	4	’	'	PUNCT
fbem-31122	78	5	dual	dual	ADJ
fbem-31122	78	6	role	role	NOUN
fbem-31122	78	7	in	in	ADP
fbem-31122	78	8	enabling	enable	VERB
fbem-31122	78	9	sustainable	sustainable	ADJ
fbem-31122	78	10	transitions	transition	NOUN
fbem-31122	78	11	while	while	SCONJ
fbem-31122	78	12	exacerbating	exacerbate	VERB
fbem-31122	78	13	sector	sector	NOUN
fbem-31122	78	14	vulnerabilities	vulnerability	NOUN
fbem-31122	78	15	is	be	AUX
fbem-31122	78	16	evident	evident	ADJ
fbem-31122	78	17	across	across	ADP
fbem-31122	78	18	contexts	contexts	NOUN
fbem-31122	78	19	.	.	PUNCT
fbem-31122	79	1	in	in	ADP
fbem-31122	79	2	china	china	PROPN
fbem-31122	79	3	,	,	PUNCT
fbem-31122	79	4	such	such	ADJ
fbem-31122	79	5	policies	policy	NOUN
fbem-31122	79	6	have	have	AUX
fbem-31122	79	7	reduced	reduce	VERB
fbem-31122	79	8	industrial	industrial	ADJ
fbem-31122	79	9	emissions	emission	NOUN
fbem-31122	79	10	but	but	CCONJ
fbem-31122	79	11	face	face	VERB
fbem-31122	79	12	implementation	implementation	NOUN
fbem-31122	79	13	hurdles	hurdle	NOUN
fbem-31122	79	14	like	like	ADP
fbem-31122	79	15	data	datum	NOUN
fbem-31122	79	16	limitations	limitation	NOUN
fbem-31122	79	17	and	and	CCONJ
fbem-31122	79	18	post	post	ADJ
fbem-31122	79	19	-	-	ADJ
fbem-31122	79	20	pandemic	pandemic	ADJ
fbem-31122	79	21	recovery	recovery	NOUN
fbem-31122	79	22	delays	delay	NOUN
fbem-31122	79	23	.	.	PUNCT
fbem-31122	80	1	for	for	ADP
fbem-31122	80	2	carbonintensive	carbonintensive	ADJ
fbem-31122	80	3	manufacturers	manufacturer	NOUN
fbem-31122	80	4	,	,	PUNCT
fbem-31122	80	5	decarbonization	decarbonization	NOUN
fbem-31122	80	6	imposes	impose	VERB
fbem-31122	80	7	acute	acute	ADJ
fbem-31122	80	8	financial	financial	ADJ
fbem-31122	80	9	strains	strain	NOUN
fbem-31122	80	10	:	:	PUNCT
fbem-31122	80	11	transitioning	transition	VERB
fbem-31122	80	12	to	to	ADP
fbem-31122	80	13	low	low	ADJ
fbem-31122	80	14	-	-	PUNCT
fbem-31122	80	15	carbon	carbon	NOUN
fbem-31122	80	16	technologies	technology	NOUN
fbem-31122	80	17	requires	require	VERB
fbem-31122	80	18	massive	massive	ADJ
fbem-31122	80	19	capital	capital	NOUN
fbem-31122	80	20	,	,	PUNCT
fbem-31122	80	21	yet	yet	CCONJ
fbem-31122	80	22	persistent	persistent	ADJ
fbem-31122	80	23	information	information	NOUN
fbem-31122	80	24	asymmetry	asymmetry	NOUN
fbem-31122	80	25	restricts	restrict	VERB
fbem-31122	80	26	access	access	NOUN
fbem-31122	80	27	to	to	ADP
fbem-31122	80	28	green	green	ADJ
fbem-31122	80	29	financing	financing	NOUN
fbem-31122	80	30	,	,	PUNCT
fbem-31122	80	31	forcing	force	VERB
fbem-31122	80	32	firms	firm	NOUN
fbem-31122	80	33	to	to	PART
fbem-31122	80	34	rely	rely	VERB
fbem-31122	80	35	on	on	ADP
fbem-31122	80	36	debt	debt	NOUN
fbem-31122	80	37	despite	despite	SCONJ
fbem-31122	80	38	heightened	heightened	ADJ
fbem-31122	80	39	bankruptcy	bankruptcy	NOUN
fbem-31122	80	40	risks	risk	NOUN
fbem-31122	80	41	.	.	PUNCT
fbem-31122	81	1	this	this	DET
fbem-31122	81	2	paradox	paradox	NOUN
fbem-31122	81	3	aligns	align	VERB
fbem-31122	81	4	with	with	ADP
fbem-31122	81	5	trade	trade	NOUN
fbem-31122	81	6	-	-	PUNCT
fbem-31122	81	7	off	off	ADP
fbem-31122	81	8	theory	theory	NOUN
fbem-31122	81	9	—	—	PUNCT
fbem-31122	81	10	while	while	SCONJ
fbem-31122	81	11	debt	debt	NOUN
fbem-31122	81	12	shields	shield	NOUN
fbem-31122	81	13	firms	firm	NOUN
fbem-31122	81	14	against	against	ADP
fbem-31122	81	15	carbon	carbon	NOUN
fbem-31122	81	16	taxes	taxis	NOUN
fbem-31122	81	17	,	,	PUNCT
fbem-31122	81	18	over	over	ADP
fbem-31122	81	19	-	-	PUNCT
fbem-31122	81	20	leverage	leverage	NOUN
fbem-31122	81	21	erodes	erode	VERB
fbem-31122	81	22	resilience	resilience	NOUN
fbem-31122	81	23	(	(	PUNCT
fbem-31122	81	24	graham	graham	PROPN
fbem-31122	81	25	,	,	PUNCT
fbem-31122	81	26	2003	2003	NUM
fbem-31122	81	27	)	)	PUNCT
fbem-31122	81	28	.	.	PUNCT
fbem-31122	82	1	existing	exist	VERB
fbem-31122	82	2	research	research	NOUN
fbem-31122	82	3	predominantly	predominantly	ADV
fbem-31122	82	4	examines	examine	VERB
fbem-31122	82	5	macro	macro	ADJ
fbem-31122	82	6	-	-	NOUN
fbem-31122	82	7	level	level	NOUN
fbem-31122	82	8	policy	policy	NOUN
fbem-31122	82	9	design	design	NOUN
fbem-31122	82	10	or	or	CCONJ
fbem-31122	82	11	micro	micro	ADJ
fbem-31122	82	12	-	-	ADJ
fbem-31122	82	13	level	level	ADJ
fbem-31122	82	14	firm	firm	ADJ
fbem-31122	82	15	behaviors	behavior	NOUN
fbem-31122	82	16	in	in	ADP
fbem-31122	82	17	isolation	isolation	NOUN
fbem-31122	82	18	,	,	PUNCT
fbem-31122	82	19	neglecting	neglect	VERB
fbem-31122	82	20	the	the	DET
fbem-31122	82	21	interplay	interplay	NOUN
fbem-31122	82	22	between	between	ADP
fbem-31122	82	23	regulatory	regulatory	ADJ
fbem-31122	82	24	frameworks	framework	NOUN
fbem-31122	82	25	(	(	PUNCT
fbem-31122	82	26	e.g.	e.g.	ADV
fbem-31122	82	27	,	,	PUNCT
fbem-31122	82	28	the	the	DET
fbem-31122	82	29	uk	uk	PROPN
fbem-31122	82	30	’s	’s	PART
fbem-31122	82	31	2019	2019	NUM
fbem-31122	82	32	net	net	ADJ
fbem-31122	82	33	zero	zero	NUM
fbem-31122	82	34	report	report	NOUN
fbem-31122	82	35	)	)	PUNCT
fbem-31122	82	36	and	and	CCONJ
fbem-31122	82	37	industry	industry	NOUN
fbem-31122	82	38	-	-	PUNCT
fbem-31122	82	39	specific	specific	ADJ
fbem-31122	82	40	capital	capital	NOUN
fbem-31122	82	41	restructuring	restructuring	NOUN
fbem-31122	82	42	.	.	PUNCT
fbem-31122	83	1	this	this	DET
fbem-31122	83	2	study	study	NOUN
fbem-31122	83	3	bridges	bridge	NOUN
fbem-31122	83	4	that	that	PRON
fbem-31122	83	5	gap	gap	NOUN
fbem-31122	83	6	by	by	ADP
fbem-31122	83	7	applying	apply	VERB
fbem-31122	83	8	a	a	DET
fbem-31122	83	9	did	did	ADJ
fbem-31122	83	10	model	model	NOUN
fbem-31122	83	11	to	to	PART
fbem-31122	83	12	disentangle	disentangle	VERB
fbem-31122	83	13	green	green	ADJ
fbem-31122	83	14	finance	finance	NOUN
fbem-31122	83	15	’s	’s	PART
fbem-31122	83	16	direct	direct	ADJ
fbem-31122	83	17	and	and	CCONJ
fbem-31122	83	18	heterogeneous	heterogeneous	ADJ
fbem-31122	83	19	effects	effect	NOUN
fbem-31122	83	20	on	on	ADP
fbem-31122	83	21	manufacturing	manufacture	VERB
fbem-31122	83	22	capital	capital	NOUN
fbem-31122	83	23	structure	structure	NOUN
fbem-31122	83	24	.	.	PUNCT
fbem-31122	84	1	3	3	X
fbem-31122	84	2	.	.	X
fbem-31122	84	3	hypothesis	hypothesis	NOUN
fbem-31122	84	4	development	development	NOUN
fbem-31122	84	5	this	this	DET
fbem-31122	84	6	study	study	NOUN
fbem-31122	84	7	bridges	bridge	NOUN
fbem-31122	84	8	that	that	PRON
fbem-31122	84	9	gap	gap	NOUN
fbem-31122	84	10	by	by	ADP
fbem-31122	84	11	applying	apply	VERB
fbem-31122	84	12	a	a	DET
fbem-31122	84	13	did	did	ADJ
fbem-31122	84	14	model	model	NOUN
fbem-31122	84	15	to	to	PART
fbem-31122	84	16	disentangle	disentangle	VERB
fbem-31122	84	17	green	green	ADJ
fbem-31122	84	18	finance	finance	NOUN
fbem-31122	84	19	’s	’s	PART
fbem-31122	84	20	direct	direct	ADJ
fbem-31122	84	21	and	and	CCONJ
fbem-31122	84	22	heterogeneous	heterogeneous	ADJ
fbem-31122	84	23	effects	effect	NOUN
fbem-31122	84	24	on	on	ADP
fbem-31122	84	25	manufacturing	manufacture	VERB
fbem-31122	84	26	capital	capital	NOUN
fbem-31122	84	27	structures	structure	NOUN
fbem-31122	84	28	,	,	PUNCT
fbem-31122	84	29	offering	offer	VERB
fbem-31122	84	30	insights	insight	NOUN
fbem-31122	84	31	absent	absent	ADJ
fbem-31122	84	32	in	in	ADP
fbem-31122	84	33	prior	prior	ADJ
fbem-31122	84	34	fragmented	fragmented	ADJ
fbem-31122	84	35	analyses	analysis	NOUN
fbem-31122	84	36	.	.	PUNCT
fbem-31122	85	1	according	accord	VERB
fbem-31122	85	2	to	to	ADP
fbem-31122	85	3	the	the	DET
fbem-31122	85	4	report	report	NOUN
fbem-31122	85	5	,	,	PUNCT
fbem-31122	85	6	the	the	DET
fbem-31122	85	7	uk	uk	PROPN
fbem-31122	85	8	treasury	treasury	PROPN
fbem-31122	85	9	,	,	PUNCT
fbem-31122	85	10	and	and	CCONJ
fbem-31122	85	11	the	the	DET
fbem-31122	85	12	financial	financial	ADJ
fbem-31122	85	13	market	market	NOUN
fbem-31122	85	14	conduct	conduct	NOUN
fbem-31122	85	15	authority	authority	NOUN
fbem-31122	85	16	(	(	PUNCT
fbem-31122	85	17	fca	fca	PROPN
fbem-31122	85	18	)	)	PUNCT
fbem-31122	85	19	should	should	AUX
fbem-31122	85	20	give	give	VERB
fbem-31122	85	21	additional	additional	ADJ
fbem-31122	85	22	consideration	consideration	NOUN
fbem-31122	85	23	to	to	ADP
fbem-31122	85	24	fintech	fintech	NOUN
fbem-31122	85	25	challenges	challenge	NOUN
fbem-31122	85	26	targeted	target	VERB
fbem-31122	85	27	at	at	ADP
fbem-31122	85	28	the	the	DET
fbem-31122	85	29	development	development	NOUN
fbem-31122	85	30	of	of	ADP
fbem-31122	85	31	innovative	innovative	ADJ
fbem-31122	85	32	products	product	NOUN
fbem-31122	85	33	and	and	CCONJ
fbem-31122	85	34	services	service	NOUN
fbem-31122	85	35	to	to	PART
fbem-31122	85	36	aid	aid	VERB
fbem-31122	85	37	in	in	ADP
fbem-31122	85	38	the	the	DET
fbem-31122	85	39	transition	transition	NOUN
fbem-31122	85	40	to	to	ADP
fbem-31122	85	41	a	a	DET
fbem-31122	85	42	green	green	ADJ
fbem-31122	85	43	economy	economy	NOUN
fbem-31122	85	44	and	and	CCONJ
fbem-31122	85	45	promote	promote	VERB
fbem-31122	85	46	innovation	innovation	NOUN
fbem-31122	85	47	.	.	PUNCT
fbem-31122	86	1	as	as	SCONJ
fbem-31122	86	2	noted	note	VERB
fbem-31122	86	3	in	in	ADP
fbem-31122	86	4	the	the	DET
fbem-31122	86	5	preceding	precede	VERB
fbem-31122	86	6	analysis	analysis	NOUN
fbem-31122	86	7	,	,	PUNCT
fbem-31122	86	8	the	the	DET
fbem-31122	86	9	allocation	allocation	NOUN
fbem-31122	86	10	of	of	ADP
fbem-31122	86	11	credit	credit	NOUN
fbem-31122	86	12	resources	resource	NOUN
fbem-31122	86	13	by	by	ADP
fbem-31122	86	14	financial	financial	ADJ
fbem-31122	86	15	institutions	institution	NOUN
fbem-31122	86	16	such	such	ADJ
fbem-31122	86	17	as	as	ADP
fbem-31122	86	18	banks	bank	NOUN
fbem-31122	86	19	can	can	AUX
fbem-31122	86	20	be	be	AUX
fbem-31122	86	21	viewed	view	VERB
fbem-31122	86	22	as	as	ADP
fbem-31122	86	23	a	a	DET
fbem-31122	86	24	relatively	relatively	ADV
fbem-31122	86	25	exogenous	exogenous	ADJ
fbem-31122	86	26	source	source	NOUN
fbem-31122	86	27	of	of	ADP
fbem-31122	86	28	financing	financing	NOUN
fbem-31122	86	29	that	that	PRON
fbem-31122	86	30	is	be	AUX
fbem-31122	86	31	closely	closely	ADV
fbem-31122	86	32	related	relate	VERB
fbem-31122	86	33	to	to	ADP
fbem-31122	86	34	the	the	DET
fbem-31122	86	35	size	size	NOUN
fbem-31122	86	36	of	of	ADP
fbem-31122	86	37	a	a	DET
fbem-31122	86	38	company	company	NOUN
fbem-31122	86	39	's	's	PART
fbem-31122	86	40	liabilities	liability	NOUN
fbem-31122	86	41	during	during	ADP
fbem-31122	86	42	the	the	DET
fbem-31122	86	43	green	green	ADJ
fbem-31122	86	44	transition	transition	NOUN
fbem-31122	86	45	in	in	ADP
fbem-31122	86	46	manufacturing	manufacturing	NOUN
fbem-31122	86	47	,	,	PUNCT
fbem-31122	86	48	is	be	AUX
fbem-31122	86	49	a	a	DET
fbem-31122	86	50	significant	significant	ADJ
fbem-31122	86	51	source	source	NOUN
fbem-31122	86	52	of	of	ADP
fbem-31122	86	53	external	external	ADJ
fbem-31122	86	54	capital	capital	NOUN
fbem-31122	86	55	demand	demand	NOUN
fbem-31122	86	56	,	,	PUNCT
fbem-31122	86	57	and	and	CCONJ
fbem-31122	86	58	has	have	VERB
fbem-31122	86	59	a	a	DET
fbem-31122	86	60	relatively	relatively	ADV
fbem-31122	86	61	low	low	ADJ
fbem-31122	86	62	cost	cost	NOUN
fbem-31122	86	63	of	of	ADP
fbem-31122	86	64	financing	financing	NOUN
fbem-31122	86	65	.	.	PUNCT
fbem-31122	87	1	the	the	DET
fbem-31122	87	2	implementation	implementation	NOUN
fbem-31122	87	3	of	of	ADP
fbem-31122	87	4	green	green	ADJ
fbem-31122	87	5	finance	finance	NOUN
fbem-31122	87	6	policy	policy	NOUN
fbem-31122	87	7	has	have	VERB
fbem-31122	87	8	a	a	DET
fbem-31122	87	9	greater	great	ADJ
fbem-31122	87	10	impact	impact	NOUN
fbem-31122	87	11	on	on	ADP
fbem-31122	87	12	the	the	DET
fbem-31122	87	13	financing	financing	NOUN
fbem-31122	87	14	environment	environment	NOUN
fbem-31122	87	15	of	of	ADP
fbem-31122	87	16	manufacturing	manufacturing	NOUN
fbem-31122	87	17	enterprises	enterprise	NOUN
fbem-31122	87	18	,	,	PUNCT
fbem-31122	87	19	and	and	CCONJ
fbem-31122	87	20	financing	financing	NOUN
fbem-31122	87	21	constraints	constraint	NOUN
fbem-31122	87	22	have	have	AUX
fbem-31122	87	23	intensified	intensify	VERB
fbem-31122	87	24	,	,	PUNCT
fbem-31122	87	25	as	as	SCONJ
fbem-31122	87	26	the	the	DET
fbem-31122	87	27	environmental	environmental	ADJ
fbem-31122	87	28	performance	performance	NOUN
fbem-31122	87	29	of	of	ADP
fbem-31122	87	30	enterprises	enterprise	NOUN
fbem-31122	87	31	has	have	AUX
fbem-31122	87	32	been	be	AUX
fbem-31122	87	33	integrated	integrate	VERB
fbem-31122	87	34	into	into	ADP
fbem-31122	87	35	the	the	DET
fbem-31122	87	36	risk	risk	NOUN
fbem-31122	87	37	assessment	assessment	NOUN
fbem-31122	87	38	system	system	NOUN
fbem-31122	87	39	of	of	ADP
fbem-31122	87	40	financial	financial	ADJ
fbem-31122	87	41	institutions	institution	NOUN
fbem-31122	87	42	like	like	ADP
fbem-31122	87	43	banks	bank	NOUN
fbem-31122	87	44	.	.	PUNCT
fbem-31122	88	1	in	in	ADP
fbem-31122	88	2	addition	addition	NOUN
fbem-31122	88	3	,	,	PUNCT
fbem-31122	88	4	yu	yu	PROPN
fbem-31122	88	5	et	et	PROPN
fbem-31122	88	6	al	al	PROPN
fbem-31122	88	7	(	(	PUNCT
fbem-31122	88	8	2021	2021	NUM
fbem-31122	88	9	)	)	PUNCT
fbem-31122	88	10	believe	believe	VERB
fbem-31122	88	11	that	that	SCONJ
fbem-31122	88	12	green	green	ADJ
fbem-31122	88	13	finance	finance	NOUN
fbem-31122	88	14	policy	policy	NOUN
fbem-31122	88	15	does	do	AUX
fbem-31122	88	16	not	not	PART
fbem-31122	88	17	appear	appear	VERB
fbem-31122	88	18	to	to	PART
fbem-31122	88	19	be	be	AUX
fbem-31122	88	20	able	able	ADJ
fbem-31122	88	21	to	to	PART
fbem-31122	88	22	benefit	benefit	VERB
fbem-31122	88	23	enterprises	enterprise	NOUN
fbem-31122	88	24	by	by	ADP
fbem-31122	88	25	effectively	effectively	ADV
fbem-31122	88	26	easing	ease	VERB
fbem-31122	88	27	financing	financing	NOUN
fbem-31122	88	28	constraints	constraint	NOUN
fbem-31122	88	29	,	,	PUNCT
fbem-31122	88	30	which	which	PRON
fbem-31122	88	31	limits	limit	VERB
fbem-31122	88	32	the	the	DET
fbem-31122	88	33	ability	ability	NOUN
fbem-31122	88	34	of	of	ADP
fbem-31122	88	35	enterprises	enterprise	NOUN
fbem-31122	88	36	to	to	PART
fbem-31122	88	37	innovate	innovate	VERB
fbem-31122	88	38	in	in	ADP
fbem-31122	88	39	a	a	DET
fbem-31122	88	40	sustainable	sustainable	ADJ
fbem-31122	88	41	manner	manner	NOUN
fbem-31122	88	42	,	,	PUNCT
fbem-31122	88	43	increases	increase	VERB
fbem-31122	88	44	the	the	DET
fbem-31122	88	45	difficulty	difficulty	NOUN
fbem-31122	88	46	of	of	ADP
fbem-31122	88	47	obtaining	obtain	VERB
fbem-31122	88	48	financing	financing	NOUN
fbem-31122	88	49	resources	resource	NOUN
fbem-31122	88	50	and	and	CCONJ
fbem-31122	88	51	the	the	DET
fbem-31122	88	52	cost	cost	NOUN
fbem-31122	88	53	of	of	ADP
fbem-31122	88	54	adjusting	adjust	VERB
fbem-31122	88	55	their	their	PRON
fbem-31122	88	56	business	business	NOUN
fbem-31122	88	57	models	model	NOUN
fbem-31122	88	58	,	,	PUNCT
fbem-31122	88	59	causes	cause	VERB
fbem-31122	88	60	the	the	DET
fbem-31122	88	61	manufacturing	manufacturing	NOUN
fbem-31122	88	62	industry	industry	NOUN
fbem-31122	88	63	to	to	PART
fbem-31122	88	64	spend	spend	VERB
fbem-31122	88	65	more	more	ADJ
fbem-31122	88	66	time	time	NOUN
fbem-31122	88	67	modifying	modify	VERB
fbem-31122	88	68	its	its	PRON
fbem-31122	88	69	business	business	NOUN
fbem-31122	88	70	model	model	NOUN
fbem-31122	88	71	,	,	PUNCT
fbem-31122	88	72	and	and	CCONJ
fbem-31122	88	73	ultimately	ultimately	ADV
fbem-31122	88	74	increases	increase	VERB
fbem-31122	88	75	the	the	DET
fbem-31122	88	76	operational	operational	ADJ
fbem-31122	88	77	risk	risk	NOUN
fbem-31122	88	78	of	of	ADP
fbem-31122	88	79	manufacturing	manufacturing	NOUN
fbem-31122	88	80	enterprises	enterprise	NOUN
fbem-31122	88	81	.	.	PUNCT
fbem-31122	89	1	based	base	VERB
fbem-31122	89	2	on	on	ADP
fbem-31122	89	3	the	the	DET
fbem-31122	89	4	preceding	precede	VERB
fbem-31122	89	5	discussion	discussion	NOUN
fbem-31122	89	6	,	,	PUNCT
fbem-31122	89	7	this	this	DET
fbem-31122	89	8	paper	paper	NOUN
fbem-31122	89	9	proposes	propose	VERB
fbem-31122	89	10	the	the	DET
fbem-31122	89	11	following	follow	VERB
fbem-31122	89	12	hypothesis	hypothesis	NOUN
fbem-31122	89	13	1	1	NUM
fbem-31122	89	14	.	.	PUNCT
fbem-31122	90	1	h1	h1	PROPN
fbem-31122	90	2	:	:	PUNCT
fbem-31122	90	3	as	as	ADP
fbem-31122	90	4	a	a	DET
fbem-31122	90	5	result	result	NOUN
fbem-31122	90	6	of	of	ADP
fbem-31122	90	7	the	the	DET
fbem-31122	90	8	implementation	implementation	NOUN
fbem-31122	90	9	of	of	ADP
fbem-31122	90	10	net	net	ADJ
fbem-31122	90	11	zero	zero	NUM
fbem-31122	90	12	and	and	CCONJ
fbem-31122	90	13	the	the	DET
fbem-31122	90	14	future	future	NOUN
fbem-31122	90	15	of	of	ADP
fbem-31122	90	16	green	green	ADJ
fbem-31122	90	17	finance	finance	NOUN
fbem-31122	90	18	,	,	PUNCT
fbem-31122	90	19	firms	firm	NOUN
fbem-31122	90	20	that	that	PRON
fbem-31122	90	21	manufacture	manufacture	VERB
fbem-31122	90	22	capital	capital	NOUN
fbem-31122	90	23	goods	good	NOUN
fbem-31122	90	24	are	be	AUX
fbem-31122	90	25	increasing	increase	VERB
fbem-31122	90	26	their	their	PRON
fbem-31122	90	27	use	use	NOUN
fbem-31122	90	28	of	of	ADP
fbem-31122	90	29	equity	equity	NOUN
fbem-31122	90	30	financing	financing	NOUN
fbem-31122	90	31	and	and	CCONJ
fbem-31122	90	32	decreasing	decrease	VERB
fbem-31122	90	33	their	their	PRON
fbem-31122	90	34	reliance	reliance	NOUN
fbem-31122	90	35	on	on	ADP
fbem-31122	90	36	debt	debt	NOUN
fbem-31122	90	37	.	.	PUNCT
fbem-31122	91	1	there	there	PRON
fbem-31122	91	2	are	be	VERB
fbem-31122	91	3	restrictions	restriction	NOUN
fbem-31122	91	4	on	on	ADP
fbem-31122	91	5	the	the	DET
fbem-31122	91	6	external	external	ADJ
fbem-31122	91	7	financing	financing	NOUN
fbem-31122	91	8	of	of	ADP
fbem-31122	91	9	businesses	business	NOUN
fbem-31122	91	10	.	.	PUNCT
fbem-31122	92	1	moreover	moreover	ADV
fbem-31122	92	2	,	,	PUNCT
fbem-31122	92	3	according	accord	VERB
fbem-31122	92	4	to	to	ADP
fbem-31122	92	5	the	the	DET
fbem-31122	92	6	pecking	pecking	NOUN
fbem-31122	92	7	order	order	NOUN
fbem-31122	92	8	theory	theory	NOUN
fbem-31122	92	9	,	,	PUNCT
fbem-31122	92	10	the	the	DET
fbem-31122	92	11	financing	financing	NOUN
fbem-31122	92	12	costs	cost	NOUN
fbem-31122	92	13	of	of	ADP
fbem-31122	92	14	internal	internal	ADJ
fbem-31122	92	15	financing	financing	NOUN
fbem-31122	92	16	and	and	CCONJ
fbem-31122	92	17	external	external	ADJ
fbem-31122	92	18	financing	financing	NOUN
fbem-31122	92	19	are	be	AUX
fbem-31122	92	20	obviously	obviously	ADV
fbem-31122	92	21	distinct	distinct	ADJ
fbem-31122	92	22	,	,	PUNCT
fbem-31122	92	23	with	with	ADP
fbem-31122	92	24	internal	internal	ADJ
fbem-31122	92	25	financing	financing	NOUN
fbem-31122	92	26	typically	typically	ADV
fbem-31122	92	27	costing	cost	VERB
fbem-31122	92	28	less	less	ADJ
fbem-31122	92	29	than	than	ADP
fbem-31122	92	30	external	external	ADJ
fbem-31122	92	31	financing	financing	NOUN
fbem-31122	92	32	.	.	PUNCT
fbem-31122	93	1	in	in	ADP
fbem-31122	93	2	addition	addition	NOUN
fbem-31122	93	3	,	,	PUNCT
fbem-31122	93	4	the	the	DET
fbem-31122	93	5	dividend	dividend	NOUN
fbem-31122	93	6	payout	payout	NOUN
fbem-31122	93	7	rate	rate	NOUN
fbem-31122	93	8	is	be	AUX
fbem-31122	93	9	closely	closely	ADV
fbem-31122	93	10	related	relate	VERB
fbem-31122	93	11	to	to	ADP
fbem-31122	93	12	retained	retain	VERB
fbem-31122	93	13	earnings	earning	NOUN
fbem-31122	93	14	and	and	CCONJ
fbem-31122	93	15	can	can	AUX
fbem-31122	93	16	reflect	reflect	VERB
fbem-31122	93	17	the	the	DET
fbem-31122	93	18	adequacy	adequacy	NOUN
fbem-31122	93	19	of	of	ADP
fbem-31122	93	20	the	the	DET
fbem-31122	93	21	business	business	NOUN
fbem-31122	93	22	's	's	PART
fbem-31122	93	23	residual	residual	ADJ
fbem-31122	93	24	funds	fund	NOUN
fbem-31122	93	25	.	.	PUNCT
fbem-31122	94	1	when	when	SCONJ
fbem-31122	94	2	the	the	DET
fbem-31122	94	3	dividend	dividend	NOUN
fbem-31122	94	4	payout	payout	NOUN
fbem-31122	94	5	ratio	ratio	NOUN
fbem-31122	94	6	is	be	AUX
fbem-31122	94	7	greater	great	ADJ
fbem-31122	94	8	,	,	PUNCT
fbem-31122	94	9	internal	internal	ADJ
fbem-31122	94	10	capital	capital	NOUN
fbem-31122	94	11	is	be	AUX
fbem-31122	94	12	more	more	ADV
fbem-31122	94	13	abundant	abundant	ADJ
fbem-31122	94	14	,	,	PUNCT
fbem-31122	94	15	and	and	CCONJ
fbem-31122	94	16	external	external	ADJ
fbem-31122	94	17	financing	financing	NOUN
fbem-31122	94	18	is	be	AUX
fbem-31122	94	19	simpler	simple	ADJ
fbem-31122	94	20	.	.	PUNCT
fbem-31122	95	1	it	it	PRON
fbem-31122	95	2	's	be	AUX
fbem-31122	95	3	not	not	PART
fbem-31122	95	4	just	just	ADV
fbem-31122	95	5	that	that	SCONJ
fbem-31122	95	6	businesses	business	NOUN
fbem-31122	95	7	without	without	ADP
fbem-31122	95	8	many	many	ADJ
fbem-31122	95	9	financial	financial	ADJ
fbem-31122	95	10	constraints	constraint	NOUN
fbem-31122	95	11	can	can	AUX
fbem-31122	95	12	more	more	ADV
fbem-31122	95	13	easily	easily	ADV
fbem-31122	95	14	obtain	obtain	VERB
fbem-31122	95	15	external	external	ADJ
fbem-31122	95	16	finance	finance	NOUN
fbem-31122	95	17	,	,	PUNCT
fbem-31122	95	18	they	they	PRON
fbem-31122	95	19	're	be	AUX
fbem-31122	95	20	also	also	ADV
fbem-31122	95	21	more	more	ADV
fbem-31122	95	22	inclined	inclined	ADJ
fbem-31122	95	23	to	to	PART
fbem-31122	95	24	make	make	VERB
fbem-31122	95	25	use	use	NOUN
fbem-31122	95	26	of	of	ADP
fbem-31122	95	27	leverage	leverage	NOUN
fbem-31122	95	28	.	.	PUNCT
fbem-31122	96	1	as	as	ADP
fbem-31122	96	2	a	a	DET
fbem-31122	96	3	result	result	NOUN
fbem-31122	96	4	,	,	PUNCT
fbem-31122	96	5	firms	firm	NOUN
fbem-31122	96	6	with	with	ADP
fbem-31122	96	7	fewer	few	ADJ
fbem-31122	96	8	financing	financing	NOUN
fbem-31122	96	9	constraints	constraint	NOUN
fbem-31122	96	10	may	may	AUX
fbem-31122	96	11	be	be	AUX
fbem-31122	96	12	more	more	ADV
fbem-31122	96	13	susceptible	susceptible	ADJ
fbem-31122	96	14	to	to	ADP
fbem-31122	96	15	policy	policy	NOUN
fbem-31122	96	16	shocks.based	shocks.base	VERB
fbem-31122	96	17	on	on	ADP
fbem-31122	96	18	the	the	DET
fbem-31122	96	19	preceding	precede	VERB
fbem-31122	96	20	discussion	discussion	NOUN
fbem-31122	96	21	,	,	PUNCT
fbem-31122	96	22	this	this	DET
fbem-31122	96	23	paper	paper	NOUN
fbem-31122	96	24	proposes	propose	VERB
fbem-31122	96	25	the	the	DET
fbem-31122	96	26	following	follow	VERB
fbem-31122	96	27	hypothesis	hypothesis	NOUN
fbem-31122	96	28	2	2	NUM
fbem-31122	96	29	.	.	PUNCT
fbem-31122	97	1	h2	h2	PROPN
fbem-31122	97	2	:	:	PUNCT
fbem-31122	97	3	following	follow	VERB
fbem-31122	97	4	the	the	DET
fbem-31122	97	5	presentation	presentation	NOUN
fbem-31122	97	6	of	of	ADP
fbem-31122	97	7	net	net	ADJ
fbem-31122	97	8	zero	zero	NUM
fbem-31122	97	9	and	and	CCONJ
fbem-31122	97	10	the	the	DET
fbem-31122	97	11	future	future	NOUN
fbem-31122	97	12	of	of	ADP
fbem-31122	97	13	green	green	ADJ
fbem-31122	97	14	finance	finance	NOUN
fbem-31122	97	15	,	,	PUNCT
fbem-31122	97	16	the	the	DET
fbem-31122	97	17	impact	impact	NOUN
fbem-31122	97	18	of	of	ADP
fbem-31122	97	19	various	various	ADJ
fbem-31122	97	20	financing	financing	NOUN
fbem-31122	97	21	constraints	constraint	NOUN
fbem-31122	97	22	on	on	ADP
fbem-31122	97	23	manufacturing	manufacturing	NOUN
fbem-31122	97	24	firms	firm	NOUN
fbem-31122	97	25	is	be	AUX
fbem-31122	97	26	heterogeneous	heterogeneous	ADJ
fbem-31122	97	27	.	.	PUNCT
fbem-31122	98	1	large	large	ADJ
fbem-31122	98	2	-	-	PUNCT
fbem-31122	98	3	scale	scale	NOUN
fbem-31122	98	4	businesses	business	NOUN
fbem-31122	98	5	typically	typically	ADV
fbem-31122	98	6	have	have	VERB
fbem-31122	98	7	a	a	DET
fbem-31122	98	8	stronger	strong	ADJ
fbem-31122	98	9	industry	industry	NOUN
fbem-31122	98	10	reputation	reputation	NOUN
fbem-31122	98	11	and	and	CCONJ
fbem-31122	98	12	management	management	NOUN
fbem-31122	98	13	,	,	PUNCT
fbem-31122	98	14	greater	great	ADJ
fbem-31122	98	15	tolerance	tolerance	NOUN
fbem-31122	98	16	for	for	ADP
fbem-31122	98	17	operational	operational	ADJ
fbem-31122	98	18	risks	risk	NOUN
fbem-31122	98	19	,	,	PUNCT
fbem-31122	98	20	and	and	CCONJ
fbem-31122	98	21	more	more	ADV
fbem-31122	98	22	accessible	accessible	ADJ
fbem-31122	98	23	financing	financing	NOUN
fbem-31122	98	24	channels	channel	NOUN
fbem-31122	98	25	.	.	PUNCT
fbem-31122	99	1	in	in	ADP
fbem-31122	99	2	addition	addition	NOUN
fbem-31122	99	3	,	,	PUNCT
fbem-31122	99	4	larger	large	ADJ
fbem-31122	99	5	businesses	business	NOUN
fbem-31122	99	6	have	have	VERB
fbem-31122	99	7	fewer	few	ADJ
fbem-31122	99	8	financing	financing	NOUN
fbem-31122	99	9	restrictions	restriction	NOUN
fbem-31122	99	10	,	,	PUNCT
fbem-31122	99	11	greater	great	ADJ
fbem-31122	99	12	repayment	repayment	NOUN
fbem-31122	99	13	capacity	capacity	NOUN
fbem-31122	99	14	,	,	PUNCT
fbem-31122	99	15	and	and	CCONJ
fbem-31122	99	16	simpler	simple	ADJ
fbem-31122	99	17	access	access	NOUN
fbem-31122	99	18	to	to	ADP
fbem-31122	99	19	financing	financing	NOUN
fbem-31122	99	20	from	from	ADP
fbem-31122	99	21	banks	bank	NOUN
fbem-31122	99	22	and	and	CCONJ
fbem-31122	99	23	other	other	ADJ
fbem-31122	99	24	financial	financial	ADJ
fbem-31122	99	25	institutions	institution	NOUN
fbem-31122	99	26	.	.	PUNCT
fbem-31122	100	1	therefore	therefore	ADV
fbem-31122	100	2	,	,	PUNCT
fbem-31122	100	3	even	even	ADV
fbem-31122	100	4	if	if	SCONJ
fbem-31122	100	5	the	the	DET
fbem-31122	100	6	large	large	ADJ
fbem-31122	100	7	enterprises	enterprise	NOUN
fbem-31122	100	8	had	have	VERB
fbem-31122	100	9	more	more	ADJ
fbem-31122	100	10	debt	debt	NOUN
fbem-31122	100	11	before	before	ADP
fbem-31122	100	12	the	the	DET
fbem-31122	100	13	policy	policy	NOUN
fbem-31122	100	14	's	's	PART
fbem-31122	100	15	implementation	implementation	NOUN
fbem-31122	100	16	,	,	PUNCT
fbem-31122	100	17	the	the	DET
fbem-31122	100	18	policy	policy	NOUN
fbem-31122	100	19	's	's	PART
fbem-31122	100	20	impact	impact	NOUN
fbem-31122	100	21	on	on	ADP
fbem-31122	100	22	small	small	ADJ
fbem-31122	100	23	businesses	business	NOUN
fbem-31122	100	24	may	may	AUX
fbem-31122	100	25	be	be	AUX
fbem-31122	100	26	greater	great	ADJ
fbem-31122	100	27	because	because	SCONJ
fbem-31122	100	28	financial	financial	ADJ
fbem-31122	100	29	institutions	institution	NOUN
fbem-31122	100	30	provide	provide	VERB
fbem-31122	100	31	loan	loan	NOUN
fbem-31122	100	32	resources	resource	NOUN
fbem-31122	100	33	to	to	PART
fbem-31122	100	34	assure	assure	VERB
fbem-31122	100	35	the	the	DET
fbem-31122	100	36	safety	safety	NOUN
fbem-31122	100	37	of	of	ADP
fbem-31122	100	38	funds	fund	NOUN
fbem-31122	100	39	.	.	PUNCT
fbem-31122	101	1	based	base	VERB
fbem-31122	101	2	on	on	ADP
fbem-31122	101	3	the	the	DET
fbem-31122	101	4	145	145	NUM
fbem-31122	101	5	preceding	precede	VERB
fbem-31122	101	6	discussion	discussion	NOUN
fbem-31122	101	7	,	,	PUNCT
fbem-31122	101	8	this	this	DET
fbem-31122	101	9	paper	paper	NOUN
fbem-31122	101	10	proposes	propose	VERB
fbem-31122	101	11	the	the	DET
fbem-31122	101	12	following	follow	VERB
fbem-31122	101	13	hypothesis	hypothesis	NOUN
fbem-31122	101	14	3	3	NUM
fbem-31122	101	15	.	.	PUNCT
fbem-31122	102	1	h3	h3	NOUN
fbem-31122	102	2	:	:	PUNCT
fbem-31122	102	3	the	the	DET
fbem-31122	102	4	impact	impact	NOUN
fbem-31122	102	5	of	of	ADP
fbem-31122	102	6	heterogeneity	heterogeneity	NOUN
fbem-31122	102	7	on	on	ADP
fbem-31122	102	8	net	net	ADJ
fbem-31122	102	9	zero	zero	NUM
fbem-31122	102	10	and	and	CCONJ
fbem-31122	102	11	the	the	DET
fbem-31122	102	12	future	future	NOUN
fbem-31122	102	13	of	of	ADP
fbem-31122	102	14	green	green	ADJ
fbem-31122	102	15	finance	finance	NOUN
fbem-31122	102	16	for	for	ADP
fbem-31122	102	17	enterprises	enterprise	NOUN
fbem-31122	102	18	of	of	ADP
fbem-31122	102	19	various	various	ADJ
fbem-31122	102	20	sizes	size	NOUN
fbem-31122	102	21	.	.	PUNCT
fbem-31122	103	1	4	4	X
fbem-31122	103	2	.	.	X
fbem-31122	103	3	data	datum	NOUN
fbem-31122	103	4	and	and	CCONJ
fbem-31122	103	5	methodology	methodology	NOUN
fbem-31122	103	6	4.1	4.1	NUM
fbem-31122	103	7	.	.	PUNCT
fbem-31122	104	1	data	datum	NOUN
fbem-31122	104	2	sources	source	NOUN
fbem-31122	104	3	in	in	ADP
fbem-31122	104	4	order	order	NOUN
fbem-31122	104	5	to	to	PART
fbem-31122	104	6	examine	examine	VERB
fbem-31122	104	7	how	how	SCONJ
fbem-31122	104	8	net	net	ADJ
fbem-31122	104	9	zero	zero	NUM
fbem-31122	104	10	and	and	CCONJ
fbem-31122	104	11	the	the	DET
fbem-31122	104	12	future	future	NOUN
fbem-31122	104	13	of	of	ADP
fbem-31122	104	14	green	green	ADJ
fbem-31122	104	15	finance	finance	PROPN
fbem-31122	104	16	2019	2019	NUM
fbem-31122	104	17	affect	affect	VERB
fbem-31122	104	18	the	the	DET
fbem-31122	104	19	capital	capital	NOUN
fbem-31122	104	20	structure	structure	NOUN
fbem-31122	104	21	of	of	ADP
fbem-31122	104	22	manufacturing	manufacturing	NOUN
fbem-31122	104	23	enterprises	enterprise	NOUN
fbem-31122	104	24	in	in	ADP
fbem-31122	104	25	the	the	DET
fbem-31122	104	26	united	united	ADJ
fbem-31122	104	27	kingdom	kingdom	PROPN
fbem-31122	104	28	,	,	PUNCT
fbem-31122	104	29	this	this	DET
fbem-31122	104	30	paper	paper	NOUN
fbem-31122	104	31	uses	use	VERB
fbem-31122	104	32	the	the	DET
fbem-31122	104	33	panel	panel	NOUN
fbem-31122	104	34	data	datum	NOUN
fbem-31122	104	35	of	of	ADP
fbem-31122	104	36	uk	uk	PROPN
fbem-31122	104	37	-	-	PUNCT
fbem-31122	104	38	listed	list	VERB
fbem-31122	104	39	manufacturing	manufacturing	NOUN
fbem-31122	104	40	enterprises	enterprise	NOUN
fbem-31122	104	41	from	from	ADP
fbem-31122	104	42	2015	2015	NUM
fbem-31122	104	43	to	to	ADP
fbem-31122	104	44	2022	2022	NUM
fbem-31122	104	45	as	as	ADP
fbem-31122	104	46	the	the	DET
fbem-31122	104	47	research	research	NOUN
fbem-31122	104	48	sample	sample	NOUN
fbem-31122	104	49	.	.	PUNCT
fbem-31122	105	1	in	in	ADP
fbem-31122	105	2	order	order	NOUN
fbem-31122	105	3	to	to	PART
fbem-31122	105	4	improve	improve	VERB
fbem-31122	105	5	the	the	DET
fbem-31122	105	6	accuracy	accuracy	NOUN
fbem-31122	105	7	of	of	ADP
fbem-31122	105	8	the	the	DET
fbem-31122	105	9	regression	regression	NOUN
fbem-31122	105	10	results	result	NOUN
fbem-31122	105	11	,	,	PUNCT
fbem-31122	105	12	the	the	DET
fbem-31122	105	13	sample	sample	NOUN
fbem-31122	105	14	of	of	ADP
fbem-31122	105	15	enterprises	enterprise	NOUN
fbem-31122	105	16	with	with	ADP
fbem-31122	105	17	more	more	ADV
fbem-31122	105	18	missing	missing	ADJ
fbem-31122	105	19	variables	variable	NOUN
fbem-31122	105	20	was	be	AUX
fbem-31122	105	21	eliminated	eliminate	VERB
fbem-31122	105	22	,	,	PUNCT
fbem-31122	105	23	leaving	leave	VERB
fbem-31122	105	24	a	a	DET
fbem-31122	105	25	total	total	NOUN
fbem-31122	105	26	of	of	ADP
fbem-31122	105	27	984	984	NUM
fbem-31122	105	28	observations	observation	NOUN
fbem-31122	105	29	and	and	CCONJ
fbem-31122	105	30	123	123	NUM
fbem-31122	105	31	sample	sample	NOUN
fbem-31122	105	32	data	datum	NOUN
fbem-31122	105	33	of	of	ADP
fbem-31122	105	34	manufacturing	manufacturing	NOUN
fbem-31122	105	35	enterprises	enterprise	NOUN
fbem-31122	105	36	.	.	PUNCT
fbem-31122	106	1	the	the	DET
fbem-31122	106	2	information	information	NOUN
fbem-31122	106	3	for	for	ADP
fbem-31122	106	4	this	this	DET
fbem-31122	106	5	article	article	NOUN
fbem-31122	106	6	was	be	AUX
fbem-31122	106	7	compiled	compile	VERB
fbem-31122	106	8	by	by	ADP
fbem-31122	106	9	wharton	wharton	PROPN
fbem-31122	106	10	research	research	NOUN
fbem-31122	106	11	data	datum	NOUN
fbem-31122	106	12	services	service	NOUN
fbem-31122	106	13	.	.	PUNCT
fbem-31122	107	1	4.2	4.2	NUM
fbem-31122	107	2	.	.	PUNCT
fbem-31122	108	1	variables	variable	NOUN
fbem-31122	108	2	definition	definition	NOUN
fbem-31122	108	3	this	this	DET
fbem-31122	108	4	paper	paper	NOUN
fbem-31122	108	5	uses	use	VERB
fbem-31122	108	6	the	the	DET
fbem-31122	108	7	enterprise	enterprise	NOUN
fbem-31122	108	8	financial	financial	ADJ
fbem-31122	108	9	leverage	leverage	NOUN
fbem-31122	108	10	ratio	ratio	NOUN
fbem-31122	108	11	(	(	PUNCT
fbem-31122	108	12	lev	lev	NOUN
fbem-31122	108	13	)	)	PUNCT
fbem-31122	108	14	to	to	PART
fbem-31122	108	15	determine	determine	VERB
fbem-31122	108	16	the	the	DET
fbem-31122	108	17	proportion	proportion	NOUN
fbem-31122	108	18	of	of	ADP
fbem-31122	108	19	debt	debt	NOUN
fbem-31122	108	20	capital	capital	NOUN
fbem-31122	108	21	to	to	ADP
fbem-31122	108	22	equity	equity	NOUN
fbem-31122	108	23	capital	capital	NOUN
fbem-31122	108	24	in	in	ADP
fbem-31122	108	25	capital	capital	NOUN
fbem-31122	108	26	structure	structure	NOUN
fbem-31122	108	27	.	.	PUNCT
fbem-31122	109	1	the	the	PRON
fbem-31122	109	2	greater	great	ADJ
fbem-31122	109	3	the	the	DET
fbem-31122	109	4	debt	debt	NOUN
fbem-31122	109	5	-	-	PUNCT
fbem-31122	109	6	to	to	ADP
fbem-31122	109	7	-	-	PUNCT
fbem-31122	109	8	equity	equity	NOUN
fbem-31122	109	9	ratio	ratio	NOUN
fbem-31122	109	10	,	,	PUNCT
fbem-31122	109	11	the	the	PRON
fbem-31122	109	12	greater	great	ADJ
fbem-31122	109	13	the	the	DET
fbem-31122	109	14	proportion	proportion	NOUN
fbem-31122	109	15	of	of	ADP
fbem-31122	109	16	debt	debt	NOUN
fbem-31122	109	17	relative	relative	ADJ
fbem-31122	109	18	to	to	ADP
fbem-31122	109	19	shareholder	shareholder	NOUN
fbem-31122	109	20	equity	equity	NOUN
fbem-31122	109	21	,	,	PUNCT
fbem-31122	109	22	and	and	CCONJ
fbem-31122	109	23	the	the	PRON
fbem-31122	109	24	greater	great	ADJ
fbem-31122	109	25	the	the	DET
fbem-31122	109	26	financial	financial	ADJ
fbem-31122	109	27	leverage	leverage	NOUN
fbem-31122	109	28	ratio	ratio	NOUN
fbem-31122	109	29	.	.	PUNCT
fbem-31122	110	1	a	a	DET
fbem-31122	110	2	higher	high	ADJ
fbem-31122	110	3	financial	financial	ADJ
fbem-31122	110	4	leverage	leverage	NOUN
fbem-31122	110	5	ratio	ratio	NOUN
fbem-31122	110	6	may	may	AUX
fbem-31122	110	7	indicate	indicate	VERB
fbem-31122	110	8	a	a	DET
fbem-31122	110	9	greater	great	ADJ
fbem-31122	110	10	debt	debt	NOUN
fbem-31122	110	11	risk	risk	NOUN
fbem-31122	110	12	for	for	ADP
fbem-31122	110	13	the	the	DET
fbem-31122	110	14	business	business	NOUN
fbem-31122	110	15	,	,	PUNCT
fbem-31122	110	16	as	as	SCONJ
fbem-31122	110	17	debt	debt	NOUN
fbem-31122	110	18	payments	payment	NOUN
fbem-31122	110	19	and	and	CCONJ
fbem-31122	110	20	interest	interest	NOUN
fbem-31122	110	21	costs	cost	NOUN
fbem-31122	110	22	may	may	AUX
fbem-31122	110	23	rise	rise	VERB
fbem-31122	110	24	,	,	PUNCT
fbem-31122	110	25	but	but	CCONJ
fbem-31122	110	26	it	it	PRON
fbem-31122	110	27	may	may	AUX
fbem-31122	110	28	also	also	ADV
fbem-31122	110	29	increase	increase	VERB
fbem-31122	110	30	the	the	DET
fbem-31122	110	31	business	business	NOUN
fbem-31122	110	32	's	's	PART
fbem-31122	110	33	return	return	NOUN
fbem-31122	110	34	on	on	ADP
fbem-31122	110	35	capital	capital	NOUN
fbem-31122	110	36	.	.	PUNCT
fbem-31122	111	1	a	a	DET
fbem-31122	111	2	low	low	ADJ
fbem-31122	111	3	financial	financial	ADJ
fbem-31122	111	4	leverage	leverage	NOUN
fbem-31122	111	5	ratio	ratio	NOUN
fbem-31122	111	6	,	,	PUNCT
fbem-31122	111	7	on	on	ADP
fbem-31122	111	8	the	the	DET
fbem-31122	111	9	other	other	ADJ
fbem-31122	111	10	hand	hand	NOUN
fbem-31122	111	11	,	,	PUNCT
fbem-31122	111	12	indicates	indicate	VERB
fbem-31122	111	13	that	that	SCONJ
fbem-31122	111	14	a	a	DET
fbem-31122	111	15	company	company	NOUN
fbem-31122	111	16	relies	rely	VERB
fbem-31122	111	17	less	less	ADJ
fbem-31122	111	18	on	on	ADP
fbem-31122	111	19	debt	debt	NOUN
fbem-31122	111	20	,	,	PUNCT
fbem-31122	111	21	more	more	ADJ
fbem-31122	111	22	on	on	ADP
fbem-31122	111	23	shareholder	shareholder	NOUN
fbem-31122	111	24	equity	equity	NOUN
fbem-31122	111	25	,	,	PUNCT
fbem-31122	111	26	and	and	CCONJ
fbem-31122	111	27	less	less	ADV
fbem-31122	111	28	on	on	ADP
fbem-31122	111	29	risk	risk	NOUN
fbem-31122	111	30	.	.	PUNCT
fbem-31122	112	1	independent	independent	ADJ
fbem-31122	112	2	variable	variable	NOUN
fbem-31122	112	3	.	.	PUNCT
fbem-31122	113	1	as	as	SCONJ
fbem-31122	113	2	stated	state	VERB
fbem-31122	113	3	in	in	ADP
fbem-31122	113	4	the	the	DET
fbem-31122	113	5	report	report	NOUN
fbem-31122	113	6	net	net	NOUN
fbem-31122	113	7	zero	zero	NUM
fbem-31122	113	8	and	and	CCONJ
fbem-31122	113	9	the	the	DET
fbem-31122	113	10	future	future	NOUN
fbem-31122	113	11	of	of	ADP
fbem-31122	113	12	green	green	ADJ
fbem-31122	113	13	finance	finance	NOUN
fbem-31122	113	14	,	,	PUNCT
fbem-31122	113	15	one	one	NUM
fbem-31122	113	16	of	of	ADP
fbem-31122	113	17	the	the	DET
fbem-31122	113	18	strategic	strategic	ADJ
fbem-31122	113	19	goals	goal	NOUN
fbem-31122	113	20	for	for	ADP
fbem-31122	113	21	the	the	DET
fbem-31122	113	22	development	development	NOUN
fbem-31122	113	23	of	of	ADP
fbem-31122	113	24	green	green	ADJ
fbem-31122	113	25	finance	finance	NOUN
fbem-31122	113	26	in	in	ADP
fbem-31122	113	27	the	the	DET
fbem-31122	113	28	united	united	PROPN
fbem-31122	113	29	kingdom	kingdom	NOUN
fbem-31122	113	30	is	be	AUX
fbem-31122	113	31	to	to	PART
fbem-31122	113	32	support	support	VERB
fbem-31122	113	33	government	government	NOUN
fbem-31122	113	34	actions	action	NOUN
fbem-31122	113	35	that	that	PRON
fbem-31122	113	36	align	align	VERB
fbem-31122	113	37	private	private	ADJ
fbem-31122	113	38	sector	sector	NOUN
fbem-31122	113	39	financial	financial	ADJ
fbem-31122	113	40	flows	flow	NOUN
fbem-31122	113	41	with	with	ADP
fbem-31122	113	42	clean	clean	ADJ
fbem-31122	113	43	,	,	PUNCT
fbem-31122	113	44	environmentally	environmentally	ADV
fbem-31122	113	45	sustainable	sustainable	ADJ
fbem-31122	113	46	,	,	PUNCT
fbem-31122	113	47	and	and	CCONJ
fbem-31122	113	48	resilient	resilient	ADJ
fbem-31122	113	49	growth	growth	NOUN
fbem-31122	113	50	.	.	PUNCT
fbem-31122	114	1	in	in	ADP
fbem-31122	114	2	addition	addition	NOUN
fbem-31122	114	3	,	,	PUNCT
fbem-31122	114	4	it	it	PRON
fbem-31122	114	5	argues	argue	VERB
fbem-31122	114	6	that	that	SCONJ
fbem-31122	114	7	green	green	ADJ
fbem-31122	114	8	finance	finance	NOUN
fbem-31122	114	9	strategies	strategy	NOUN
fbem-31122	114	10	will	will	AUX
fbem-31122	114	11	play	play	VERB
fbem-31122	114	12	a	a	DET
fbem-31122	114	13	crucial	crucial	ADJ
fbem-31122	114	14	role	role	NOUN
fbem-31122	114	15	in	in	ADP
fbem-31122	114	16	facilitating	facilitate	VERB
fbem-31122	114	17	capital	capital	NOUN
fbem-31122	114	18	flows	flow	NOUN
fbem-31122	114	19	.	.	PUNCT
fbem-31122	115	1	consequently	consequently	ADV
fbem-31122	115	2	,	,	PUNCT
fbem-31122	115	3	capital	capital	NOUN
fbem-31122	115	4	goods	good	NOUN
fbem-31122	115	5	manufacturers	manufacturer	NOUN
fbem-31122	115	6	may	may	AUX
fbem-31122	115	7	be	be	AUX
fbem-31122	115	8	more	more	ADV
fbem-31122	115	9	receptive	receptive	ADJ
fbem-31122	115	10	to	to	ADP
fbem-31122	115	11	green	green	ADJ
fbem-31122	115	12	finance	finance	NOUN
fbem-31122	115	13	strategies	strategy	NOUN
fbem-31122	115	14	than	than	ADP
fbem-31122	115	15	other	other	ADJ
fbem-31122	115	16	manufacturing	manufacturing	NOUN
fbem-31122	115	17	sectors	sector	NOUN
fbem-31122	115	18	.	.	PUNCT
fbem-31122	116	1	then	then	ADV
fbem-31122	116	2	,	,	PUNCT
fbem-31122	116	3	this	this	DET
fbem-31122	116	4	paper	paper	NOUN
fbem-31122	116	5	can	can	AUX
fbem-31122	116	6	distinguish	distinguish	VERB
fbem-31122	116	7	the	the	DET
fbem-31122	116	8	treated	treat	VERB
fbem-31122	116	9	and	and	CCONJ
fbem-31122	116	10	control	control	NOUN
fbem-31122	116	11	groups	group	NOUN
fbem-31122	116	12	based	base	VERB
fbem-31122	116	13	on	on	ADP
fbem-31122	116	14	the	the	DET
fbem-31122	116	15	production	production	NOUN
fbem-31122	116	16	of	of	ADP
fbem-31122	116	17	capital	capital	NOUN
fbem-31122	116	18	goods	good	NOUN
fbem-31122	116	19	and	and	CCONJ
fbem-31122	116	20	other	other	ADJ
fbem-31122	116	21	goods	good	NOUN
fbem-31122	116	22	.	.	PUNCT
fbem-31122	117	1	this	this	DET
fbem-31122	117	2	paper	paper	NOUN
fbem-31122	117	3	primarily	primarily	ADV
fbem-31122	117	4	interprets	interpret	VERB
fbem-31122	117	5	the	the	DET
fbem-31122	117	6	variables	variable	NOUN
fbem-31122	117	7	as	as	SCONJ
fbem-31122	117	8	the	the	DET
fbem-31122	117	9	difference	difference	NOUN
fbem-31122	117	10	-	-	PUNCT
fbem-31122	117	11	in	in	ADP
fbem-31122	117	12	-	-	PUNCT
fbem-31122	117	13	difference	difference	NOUN
fbem-31122	117	14	interaction	interaction	NOUN
fbem-31122	117	15	term	term	NOUN
fbem-31122	117	16	datet	datet	VERB
fbem-31122	117	17	×	×	PROPN
fbem-31122	117	18	treati	treati	PROPN
fbem-31122	117	19	,	,	PUNCT
fbem-31122	117	20	where	where	SCONJ
fbem-31122	117	21	datet	datet	NOUN
fbem-31122	117	22	is	be	AUX
fbem-31122	117	23	the	the	DET
fbem-31122	117	24	dummy	dummy	ADJ
fbem-31122	117	25	variable	variable	NOUN
fbem-31122	117	26	of	of	ADP
fbem-31122	117	27	whether	whether	SCONJ
fbem-31122	117	28	the	the	DET
fbem-31122	117	29	green	green	ADJ
fbem-31122	117	30	finance	finance	NOUN
fbem-31122	117	31	policy	policy	NOUN
fbem-31122	117	32	is	be	AUX
fbem-31122	117	33	implemented	implement	VERB
fbem-31122	117	34	or	or	CCONJ
fbem-31122	117	35	not	not	PART
fbem-31122	117	36	,	,	PUNCT
fbem-31122	117	37	and	and	CCONJ
fbem-31122	117	38	the	the	DET
fbem-31122	117	39	year	year	NOUN
fbem-31122	117	40	before	before	ADP
fbem-31122	117	41	net	net	ADJ
fbem-31122	117	42	zero	zero	NUM
fbem-31122	117	43	and	and	CCONJ
fbem-31122	117	44	the	the	DET
fbem-31122	117	45	future	future	NOUN
fbem-31122	117	46	of	of	ADP
fbem-31122	117	47	green	green	ADJ
fbem-31122	117	48	finance	finance	NOUN
fbem-31122	117	49	is	be	AUX
fbem-31122	117	50	published	publish	VERB
fbem-31122	117	51	,	,	PUNCT
fbem-31122	117	52	before	before	ADP
fbem-31122	117	53	2019	2019	NUM
fbem-31122	117	54	,	,	PUNCT
fbem-31122	117	55	datet	datet	NOUN
fbem-31122	117	56	=	=	PROPN
fbem-31122	117	57	0and	0and	PROPN
fbem-31122	117	58	the	the	DET
fbem-31122	117	59	year	year	NOUN
fbem-31122	117	60	after	after	ADP
fbem-31122	117	61	net	net	ADJ
fbem-31122	117	62	zero	zero	NUM
fbem-31122	117	63	and	and	CCONJ
fbem-31122	117	64	the	the	DET
fbem-31122	117	65	future	future	NOUN
fbem-31122	117	66	of	of	ADP
fbem-31122	117	67	green	green	ADJ
fbem-31122	117	68	finance	finance	NOUN
fbem-31122	117	69	is	be	AUX
fbem-31122	117	70	enacted	enact	VERB
fbem-31122	117	71	,	,	PUNCT
fbem-31122	117	72	2019	2019	NUM
fbem-31122	117	73	and	and	CCONJ
fbem-31122	117	74	beyond	beyond	ADV
fbem-31122	117	75	,	,	PUNCT
fbem-31122	117	76	datet	datet	NOUN
fbem-31122	117	77	=	=	NOUN
fbem-31122	117	78	1	1	X
fbem-31122	117	79	.	.	PUNCT
fbem-31122	118	1	the	the	DET
fbem-31122	118	2	treati	treati	PROPN
fbem-31122	118	3	is	be	AUX
fbem-31122	118	4	the	the	DET
fbem-31122	118	5	dummy	dummy	ADJ
fbem-31122	118	6	variable	variable	NOUN
fbem-31122	118	7	that	that	PRON
fbem-31122	118	8	indicates	indicate	VERB
fbem-31122	118	9	whether	whether	SCONJ
fbem-31122	118	10	the	the	DET
fbem-31122	118	11	intended	intend	VERB
fbem-31122	118	12	manufacturing	manufacturing	NOUN
fbem-31122	118	13	company	company	NOUN
fbem-31122	118	14	produces	produce	VERB
fbem-31122	118	15	capital	capital	NOUN
fbem-31122	118	16	goods	good	NOUN
fbem-31122	118	17	.	.	PUNCT
fbem-31122	119	1	for	for	ADP
fbem-31122	119	2	the	the	DET
fbem-31122	119	3	manufacturing	manufacturing	NOUN
fbem-31122	119	4	enterprise	enterprise	NOUN
fbem-31122	119	5	that	that	PRON
fbem-31122	119	6	produces	produce	VERB
fbem-31122	119	7	capital	capital	NOUN
fbem-31122	119	8	commodities	commodity	NOUN
fbem-31122	119	9	,	,	PUNCT
fbem-31122	119	10	treati	treati	PROPN
fbem-31122	119	11	=	=	SYM
fbem-31122	119	12	1	1	NUM
fbem-31122	119	13	,	,	PUNCT
fbem-31122	119	14	whereas	whereas	SCONJ
fbem-31122	119	15	treati	treati	PROPN
fbem-31122	119	16	=	=	SYM
fbem-31122	119	17	0	0	NUM
fbem-31122	119	18	for	for	ADP
fbem-31122	119	19	the	the	DET
fbem-31122	119	20	manufacturing	manufacturing	NOUN
fbem-31122	119	21	enterprise	enterprise	NOUN
fbem-31122	119	22	that	that	PRON
fbem-31122	119	23	produces	produce	VERB
fbem-31122	119	24	other	other	ADJ
fbem-31122	119	25	products	product	NOUN
fbem-31122	119	26	.	.	PUNCT
fbem-31122	120	1	consequently	consequently	ADV
fbem-31122	120	2	,	,	PUNCT
fbem-31122	120	3	the	the	DET
fbem-31122	120	4	estimated	estimate	VERB
fbem-31122	120	5	datet	datet	NOUN
fbem-31122	120	6	×	×	PROPN
fbem-31122	120	7	treati	treati	PROPN
fbem-31122	120	8	coefficient	coefficient	NOUN
fbem-31122	120	9	represents	represent	VERB
fbem-31122	120	10	the	the	DET
fbem-31122	120	11	net	net	ADJ
fbem-31122	120	12	effect	effect	NOUN
fbem-31122	120	13	of	of	ADP
fbem-31122	120	14	the	the	DET
fbem-31122	120	15	publication	publication	NOUN
fbem-31122	120	16	of	of	ADP
fbem-31122	120	17	the	the	DET
fbem-31122	120	18	net	net	ADJ
fbem-31122	120	19	zero	zero	NUM
fbem-31122	120	20	and	and	CCONJ
fbem-31122	120	21	the	the	DET
fbem-31122	120	22	future	future	NOUN
fbem-31122	120	23	of	of	ADP
fbem-31122	120	24	green	green	ADJ
fbem-31122	120	25	finance	finance	NOUN
fbem-31122	120	26	report	report	NOUN
fbem-31122	120	27	on	on	ADP
fbem-31122	120	28	the	the	DET
fbem-31122	120	29	capital	capital	NOUN
fbem-31122	120	30	structure	structure	NOUN
fbem-31122	120	31	of	of	ADP
fbem-31122	120	32	manufacturing	manufacturing	NOUN
fbem-31122	120	33	firms	firm	NOUN
fbem-31122	120	34	producing	produce	VERB
fbem-31122	120	35	capital	capital	NOUN
fbem-31122	120	36	products	product	NOUN
fbem-31122	120	37	.	.	PUNCT
fbem-31122	121	1	table	table	NOUN
fbem-31122	121	2	1	1	NUM
fbem-31122	121	3	displays	display	VERB
fbem-31122	121	4	the	the	DET
fbem-31122	121	5	criteria	criterion	NOUN
fbem-31122	121	6	for	for	ADP
fbem-31122	121	7	segregating	segregate	VERB
fbem-31122	121	8	the	the	DET
fbem-31122	121	9	treated	treat	VERB
fbem-31122	121	10	and	and	CCONJ
fbem-31122	121	11	control	control	NOUN
fbem-31122	121	12	groups	group	NOUN
fbem-31122	121	13	.	.	PUNCT
fbem-31122	122	1	table	table	NOUN
fbem-31122	122	2	1	1	NUM
fbem-31122	122	3	.	.	PUNCT
fbem-31122	122	4	separated	separate	VERB
fbem-31122	122	5	into	into	ADP
fbem-31122	122	6	the	the	DET
fbem-31122	122	7	treated	treat	VERB
fbem-31122	122	8	group	group	NOUN
fbem-31122	122	9	and	and	CCONJ
fbem-31122	122	10	the	the	DET
fbem-31122	122	11	control	control	NOUN
fbem-31122	122	12	group	group	NOUN
fbem-31122	122	13	category	category	NOUN
fbem-31122	122	14	industry	industry	NOUN
fbem-31122	122	15	(	(	PUNCT
fbem-31122	122	16	gics	gic	NOUN
fbem-31122	122	17	number	number	NOUN
fbem-31122	122	18	)	)	PUNCT
fbem-31122	122	19	the	the	DET
fbem-31122	122	20	treated	treat	VERB
fbem-31122	122	21	group	group	NOUN
fbem-31122	122	22	(	(	PUNCT
fbem-31122	122	23	capital	capital	NOUN
fbem-31122	122	24	goods	good	NOUN
fbem-31122	122	25	manufacturing	manufacturing	NOUN
fbem-31122	122	26	industry	industry	NOUN
fbem-31122	122	27	)	)	PUNCT
fbem-31122	122	28	201010	201010	NUM
fbem-31122	122	29	aerospace	aerospace	PROPN
fbem-31122	122	30	&	&	CCONJ
fbem-31122	122	31	defense	defense	PROPN
fbem-31122	122	32	201020	201020	NUM
fbem-31122	122	33	building	building	NOUN
fbem-31122	122	34	products	product	NOUN
fbem-31122	122	35	201030	201030	NUM
fbem-31122	122	36	construction	construction	NOUN
fbem-31122	122	37	&	&	CCONJ
fbem-31122	122	38	engineering	engineering	PROPN
fbem-31122	122	39	201040	201040	NUM
fbem-31122	122	40	electrical	electrical	ADJ
fbem-31122	122	41	equipment	equipment	NOUN
fbem-31122	122	42	201050	201050	NUM
fbem-31122	122	43	industrial	industrial	ADJ
fbem-31122	122	44	conglomerates	conglomerate	NOUN
fbem-31122	122	45	201060	201060	NUM
fbem-31122	122	46	machinery	machinery	NOUN
fbem-31122	122	47	201070	201070	NUM
fbem-31122	122	48	trading	trading	NOUN
fbem-31122	122	49	companies	company	NOUN
fbem-31122	122	50	&	&	CCONJ
fbem-31122	122	51	distributors	distributor	NOUN
fbem-31122	122	52	control	control	PROPN
fbem-31122	122	53	group	group	PROPN
fbem-31122	122	54	(	(	PUNCT
fbem-31122	122	55	other	other	ADJ
fbem-31122	122	56	products	product	NOUN
fbem-31122	122	57	manufacturing	manufacture	VERB
fbem-31122	122	58	industry	industry	NOUN
fbem-31122	122	59	)	)	PUNCT
fbem-31122	122	60	202010	202010	NUM
fbem-31122	122	61	commercial	commercial	ADJ
fbem-31122	122	62	services	service	NOUN
fbem-31122	122	63	&	&	CCONJ
fbem-31122	122	64	supplies	supply	NOUN
fbem-31122	122	65	202020	202020	NUM
fbem-31122	122	66	professional	professional	ADJ
fbem-31122	122	67	services	service	NOUN
fbem-31122	122	68	203010	203010	NUM
fbem-31122	122	69	air	air	NOUN
fbem-31122	122	70	freight	freight	PROPN
fbem-31122	122	71	&	&	CCONJ
fbem-31122	122	72	logistics	logistic	NOUN
fbem-31122	122	73	203020	203020	NUM
fbem-31122	122	74	passenger	passenger	NOUN
fbem-31122	122	75	airlines	airline	NOUN
fbem-31122	122	76	203030	203030	NUM
fbem-31122	122	77	marine	marine	PROPN
fbem-31122	122	78	transportation	transportation	NOUN
fbem-31122	122	79	203040	203040	NUM
fbem-31122	122	80	ground	ground	NOUN
fbem-31122	122	81	transportation	transportation	NOUN
fbem-31122	122	82	203050	203050	NUM
fbem-31122	122	83	transportation	transportation	NOUN
fbem-31122	122	84	infrastructure	infrastructure	NOUN
fbem-31122	122	85	wang	wang	PROPN
fbem-31122	122	86	(	(	PUNCT
fbem-31122	122	87	2022	2022	NUM
fbem-31122	122	88	)	)	PUNCT
fbem-31122	122	89	examines	examine	VERB
fbem-31122	122	90	the	the	DET
fbem-31122	122	91	effect	effect	NOUN
fbem-31122	122	92	of	of	ADP
fbem-31122	122	93	the	the	DET
fbem-31122	122	94	green	green	ADJ
fbem-31122	122	95	finance	finance	NOUN
fbem-31122	122	96	policy	policy	NOUN
fbem-31122	122	97	on	on	ADP
fbem-31122	122	98	innovation	innovation	NOUN
fbem-31122	122	99	performance	performance	NOUN
fbem-31122	122	100	in	in	ADP
fbem-31122	122	101	china	china	PROPN
fbem-31122	122	102	's	's	PART
fbem-31122	122	103	manufacturing	manufacturing	NOUN
fbem-31122	122	104	sector	sector	NOUN
fbem-31122	122	105	,	,	PUNCT
fbem-31122	122	106	with	with	ADP
fbem-31122	122	107	firm	firm	ADJ
fbem-31122	122	108	size	size	NOUN
fbem-31122	122	109	(	(	PUNCT
fbem-31122	122	110	size	size	NOUN
fbem-31122	122	111	)	)	PUNCT
fbem-31122	122	112	as	as	ADP
fbem-31122	122	113	one	one	NUM
fbem-31122	122	114	of	of	ADP
fbem-31122	122	115	the	the	DET
fbem-31122	122	116	control	control	NOUN
fbem-31122	122	117	variables	variable	NOUN
fbem-31122	122	118	.	.	PUNCT
fbem-31122	123	1	due	due	ADP
fbem-31122	123	2	to	to	ADP
fbem-31122	123	3	their	their	PRON
fbem-31122	123	4	scale	scale	NOUN
fbem-31122	123	5	and	and	CCONJ
fbem-31122	123	6	greater	great	ADJ
fbem-31122	123	7	access	access	NOUN
fbem-31122	123	8	to	to	ADP
fbem-31122	123	9	financing	financing	NOUN
fbem-31122	123	10	and	and	CCONJ
fbem-31122	123	11	borrowing	borrowing	NOUN
fbem-31122	123	12	,	,	PUNCT
fbem-31122	123	13	larger	large	ADJ
fbem-31122	123	14	manufacturing	manufacturing	NOUN
fbem-31122	123	15	companies	company	NOUN
fbem-31122	123	16	can	can	AUX
fbem-31122	123	17	incur	incur	VERB
fbem-31122	123	18	more	more	ADJ
fbem-31122	123	19	debt	debt	NOUN
fbem-31122	123	20	.	.	PUNCT
fbem-31122	124	1	and	and	CCONJ
fbem-31122	124	2	larger	large	ADJ
fbem-31122	124	3	manufacturing	manufacturing	NOUN
fbem-31122	124	4	companies	company	NOUN
fbem-31122	124	5	typically	typically	ADV
fbem-31122	124	6	have	have	VERB
fbem-31122	124	7	a	a	DET
fbem-31122	124	8	greater	great	ADJ
fbem-31122	124	9	number	number	NOUN
fbem-31122	124	10	of	of	ADP
fbem-31122	124	11	internal	internal	ADJ
fbem-31122	124	12	sources	source	NOUN
fbem-31122	124	13	of	of	ADP
fbem-31122	124	14	capital	capital	NOUN
fbem-31122	124	15	,	,	PUNCT
fbem-31122	124	16	including	include	VERB
fbem-31122	124	17	free	free	ADJ
fbem-31122	124	18	cash	cash	NOUN
fbem-31122	124	19	flow	flow	NOUN
fbem-31122	124	20	,	,	PUNCT
fbem-31122	124	21	profit	profit	NOUN
fbem-31122	124	22	retention	retention	NOUN
fbem-31122	124	23	,	,	PUNCT
fbem-31122	124	24	risk	risk	NOUN
fbem-31122	124	25	dispersion	dispersion	NOUN
fbem-31122	124	26	,	,	PUNCT
fbem-31122	124	27	and	and	CCONJ
fbem-31122	124	28	credit	credit	NOUN
fbem-31122	124	29	rating	rating	NOUN
fbem-31122	124	30	.	.	PUNCT
fbem-31122	125	1	consequently	consequently	ADV
fbem-31122	125	2	,	,	PUNCT
fbem-31122	125	3	a	a	DET
fbem-31122	125	4	positive	positive	ADJ
fbem-31122	125	5	correlation	correlation	NOUN
fbem-31122	125	6	exists	exist	VERB
fbem-31122	125	7	between	between	ADP
fbem-31122	125	8	enterprise	enterprise	NOUN
fbem-31122	125	9	size	size	NOUN
fbem-31122	125	10	and	and	CCONJ
fbem-31122	125	11	capital	capital	NOUN
fbem-31122	125	12	structure	structure	NOUN
fbem-31122	125	13	.	.	PUNCT
fbem-31122	126	1	non	non	ADJ
fbem-31122	126	2	-	-	ADJ
fbem-31122	126	3	debt	debt	ADJ
fbem-31122	126	4	tax	tax	NOUN
fbem-31122	126	5	shield	shield	NOUN
fbem-31122	126	6	(	(	PUNCT
fbem-31122	126	7	ndts	ndts	PROPN
fbem-31122	126	8	)	)	PUNCT
fbem-31122	126	9	refers	refer	VERB
fbem-31122	126	10	to	to	ADP
fbem-31122	126	11	the	the	DET
fbem-31122	126	12	enterprise	enterprise	NOUN
fbem-31122	126	13	's	's	PART
fbem-31122	126	14	other	other	ADJ
fbem-31122	126	15	deductible	deductible	ADJ
fbem-31122	126	16	tax	tax	NOUN
fbem-31122	126	17	costs	cost	NOUN
fbem-31122	126	18	during	during	ADP
fbem-31122	126	19	the	the	DET
fbem-31122	126	20	tax	tax	NOUN
fbem-31122	126	21	process	process	NOUN
fbem-31122	126	22	,	,	PUNCT
fbem-31122	126	23	in	in	ADP
fbem-31122	126	24	addition	addition	NOUN
fbem-31122	126	25	to	to	ADP
fbem-31122	126	26	debt	debt	NOUN
fbem-31122	126	27	interest	interest	NOUN
fbem-31122	126	28	.	.	PUNCT
fbem-31122	127	1	nasution	nasution	NOUN
fbem-31122	127	2	et	et	PROPN
fbem-31122	127	3	al	al	PROPN
fbem-31122	127	4	.	.	PROPN
fbem-31122	128	1	(	(	PUNCT
fbem-31122	128	2	2017	2017	NUM
fbem-31122	128	3	)	)	PUNCT
fbem-31122	128	4	concluded	conclude	VERB
fbem-31122	128	5	that	that	SCONJ
fbem-31122	128	6	non	non	ADJ
fbem-31122	128	7	-	-	ADJ
fbem-31122	128	8	debt	debt	ADJ
fbem-31122	128	9	tax	tax	NOUN
fbem-31122	128	10	shields	shield	NOUN
fbem-31122	128	11	have	have	VERB
fbem-31122	128	12	a	a	DET
fbem-31122	128	13	negative	negative	ADJ
fbem-31122	128	14	impact	impact	NOUN
fbem-31122	128	15	on	on	ADP
fbem-31122	128	16	financial	financial	ADJ
fbem-31122	128	17	capital	capital	NOUN
fbem-31122	128	18	structure	structure	NOUN
fbem-31122	128	19	.	.	PUNCT
fbem-31122	129	1	however	however	ADV
fbem-31122	129	2	,	,	PUNCT
fbem-31122	129	3	acaravci	acaravci	PROPN
fbem-31122	129	4	(	(	PUNCT
fbem-31122	129	5	2015	2015	NUM
fbem-31122	129	6	)	)	PUNCT
fbem-31122	129	7	points	point	VERB
fbem-31122	129	8	out	out	ADP
fbem-31122	129	9	that	that	SCONJ
fbem-31122	129	10	different	different	ADJ
fbem-31122	129	11	measures	measure	NOUN
fbem-31122	129	12	of	of	ADP
fbem-31122	129	13	non	non	ADJ
fbem-31122	129	14	-	-	ADJ
fbem-31122	129	15	debt	debt	ADJ
fbem-31122	129	16	tax	tax	NOUN
fbem-31122	129	17	shields	shield	NOUN
fbem-31122	129	18	result	result	VERB
fbem-31122	129	19	in	in	ADP
fbem-31122	129	20	a	a	DET
fbem-31122	129	21	non	non	ADJ
fbem-31122	129	22	-	-	ADJ
fbem-31122	129	23	significant	significant	ADJ
fbem-31122	129	24	impact	impact	NOUN
fbem-31122	129	25	on	on	ADP
fbem-31122	129	26	capital	capital	NOUN
fbem-31122	129	27	structure	structure	NOUN
fbem-31122	129	28	.	.	PUNCT
fbem-31122	130	1	a	a	DET
fbem-31122	130	2	company	company	NOUN
fbem-31122	130	3	's	's	PART
fbem-31122	130	4	growth	growth	NOUN
fbem-31122	130	5	potential	potential	NOUN
fbem-31122	130	6	(	(	PUNCT
fbem-31122	130	7	growth	growth	NOUN
fbem-31122	130	8	)	)	PUNCT
fbem-31122	130	9	can	can	AUX
fbem-31122	130	10	be	be	AUX
fbem-31122	130	11	viewed	view	VERB
fbem-31122	130	12	as	as	ADP
fbem-31122	130	13	an	an	DET
fbem-31122	130	14	indicator	indicator	NOUN
fbem-31122	130	15	of	of	ADP
fbem-31122	130	16	its	its	PRON
fbem-31122	130	17	future	future	ADJ
fbem-31122	130	18	performance	performance	NOUN
fbem-31122	130	19	and	and	CCONJ
fbem-31122	130	20	its	its	PRON
fbem-31122	130	21	ability	ability	NOUN
fbem-31122	130	22	to	to	PART
fbem-31122	130	23	attract	attract	VERB
fbem-31122	130	24	investors	investor	NOUN
fbem-31122	130	25	.	.	PUNCT
fbem-31122	131	1	margaritis	margaritis	ADJ
fbem-31122	131	2	(	(	PUNCT
fbem-31122	131	3	2010	2010	NUM
fbem-31122	131	4	)	)	PUNCT
fbem-31122	131	5	notes	note	VERB
fbem-31122	131	6	that	that	SCONJ
fbem-31122	131	7	the	the	DET
fbem-31122	131	8	effect	effect	NOUN
fbem-31122	131	9	of	of	ADP
fbem-31122	131	10	growth	growth	NOUN
fbem-31122	131	11	on	on	ADP
fbem-31122	131	12	the	the	DET
fbem-31122	131	13	capital	capital	NOUN
fbem-31122	131	14	structure	structure	NOUN
fbem-31122	131	15	of	of	ADP
fbem-31122	131	16	a	a	DET
fbem-31122	131	17	company	company	NOUN
fbem-31122	131	18	is	be	AUX
fbem-31122	131	19	uncertain	uncertain	ADJ
fbem-31122	131	20	.	.	PUNCT
fbem-31122	132	1	its	its	PRON
fbem-31122	132	2	effect	effect	NOUN
fbem-31122	132	3	on	on	ADP
fbem-31122	132	4	capital	capital	NOUN
fbem-31122	132	5	structure	structure	NOUN
fbem-31122	132	6	is	be	AUX
fbem-31122	132	7	negligible	negligible	ADJ
fbem-31122	132	8	,	,	PUNCT
fbem-31122	132	9	as	as	SCONJ
fbem-31122	132	10	a	a	DET
fbem-31122	132	11	company	company	NOUN
fbem-31122	132	12	's	's	PART
fbem-31122	132	13	capacity	capacity	NOUN
fbem-31122	132	14	for	for	ADP
fbem-31122	132	15	growth	growth	NOUN
fbem-31122	132	16	is	be	AUX
fbem-31122	132	17	largely	largely	ADV
fbem-31122	132	18	determined	determine	VERB
fbem-31122	132	19	by	by	ADP
fbem-31122	132	20	its	its	PRON
fbem-31122	132	21	internal	internal	ADJ
fbem-31122	132	22	controls	control	NOUN
fbem-31122	132	23	and	and	CCONJ
fbem-31122	132	24	intangible	intangible	ADJ
fbem-31122	132	25	assets	asset	NOUN
fbem-31122	132	26	.	.	PUNCT
fbem-31122	133	1	wang	wang	PROPN
fbem-31122	133	2	(	(	PUNCT
fbem-31122	133	3	2023	2023	NUM
fbem-31122	133	4	)	)	PUNCT
fbem-31122	133	5	considers	consider	VERB
fbem-31122	133	6	profitability	profitability	NOUN
fbem-31122	133	7	(	(	PUNCT
fbem-31122	133	8	roe	roe	NOUN
fbem-31122	133	9	)	)	PUNCT
fbem-31122	133	10	as	as	ADP
fbem-31122	133	11	a	a	DET
fbem-31122	133	12	control	control	NOUN
fbem-31122	133	13	variable	variable	NOUN
fbem-31122	133	14	in	in	ADP
fbem-31122	133	15	the	the	DET
fbem-31122	133	16	did	do	AUX
fbem-31122	133	17	model	model	NOUN
fbem-31122	133	18	study	study	NOUN
fbem-31122	133	19	of	of	ADP
fbem-31122	133	20	the	the	DET
fbem-31122	133	21	effect	effect	NOUN
fbem-31122	133	22	of	of	ADP
fbem-31122	133	23	green	green	ADJ
fbem-31122	133	24	finance	finance	NOUN
fbem-31122	133	25	policy	policy	NOUN
fbem-31122	133	26	on	on	ADP
fbem-31122	133	27	green	green	ADJ
fbem-31122	133	28	innovation	innovation	NOUN
fbem-31122	133	29	efficiency	efficiency	NOUN
fbem-31122	133	30	in	in	ADP
fbem-31122	133	31	the	the	DET
fbem-31122	133	32	manufacturing	manufacturing	NOUN
fbem-31122	133	33	industry	industry	NOUN
fbem-31122	133	34	.	.	PUNCT
fbem-31122	134	1	profitability	profitability	NOUN
fbem-31122	134	2	is	be	AUX
fbem-31122	134	3	one	one	NUM
fbem-31122	134	4	of	of	ADP
fbem-31122	134	5	the	the	DET
fbem-31122	134	6	key	key	ADJ
fbem-31122	134	7	factors	factor	NOUN
fbem-31122	134	8	that	that	PRON
fbem-31122	134	9	banks	bank	NOUN
fbem-31122	134	10	and	and	CCONJ
fbem-31122	134	11	other	other	ADJ
fbem-31122	134	12	financial	financial	ADJ
fbem-31122	134	13	institutions	institution	NOUN
fbem-31122	134	14	use	use	VERB
fbem-31122	134	15	to	to	PART
fbem-31122	134	16	evaluate	evaluate	VERB
fbem-31122	134	17	the	the	DET
fbem-31122	134	18	credit	credit	NOUN
fbem-31122	134	19	risk	risk	NOUN
fbem-31122	134	20	and	and	CCONJ
fbem-31122	134	21	financing	financing	NOUN
fbem-31122	134	22	capacity	capacity	NOUN
fbem-31122	134	23	of	of	ADP
fbem-31122	134	24	businesses	business	NOUN
fbem-31122	134	25	in	in	ADP
fbem-31122	134	26	the	the	DET
fbem-31122	134	27	manufacturing	manufacturing	NOUN
fbem-31122	134	28	sector	sector	NOUN
fbem-31122	134	29	.	.	PUNCT
fbem-31122	135	1	higher	high	ADJ
fbem-31122	135	2	profitability	profitability	NOUN
fbem-31122	135	3	typically	typically	ADV
fbem-31122	135	4	indicates	indicate	VERB
fbem-31122	135	5	a	a	DET
fbem-31122	135	6	company	company	NOUN
fbem-31122	135	7	's	's	PART
fbem-31122	135	8	capacity	capacity	NOUN
fbem-31122	135	9	to	to	PART
fbem-31122	135	10	repay	repay	VERB
fbem-31122	135	11	debt	debt	NOUN
fbem-31122	135	12	and	and	CCONJ
fbem-31122	135	13	generate	generate	VERB
fbem-31122	135	14	sufficient	sufficient	ADJ
fbem-31122	135	15	profits	profit	NOUN
fbem-31122	135	16	to	to	PART
fbem-31122	135	17	cover	cover	VERB
fbem-31122	135	18	interest	interest	NOUN
fbem-31122	135	19	and	and	CCONJ
fbem-31122	135	20	the	the	DET
fbem-31122	135	21	loan	loan	NOUN
fbem-31122	135	22	's	's	PART
fbem-31122	135	23	principal	principal	NOUN
fbem-31122	135	24	.	.	PUNCT
fbem-31122	136	1	moreover	moreover	ADV
fbem-31122	136	2	,	,	PUNCT
fbem-31122	136	3	in	in	ADP
fbem-31122	136	4	terms	term	NOUN
fbem-31122	136	5	of	of	ADP
fbem-31122	136	6	market	market	NOUN
fbem-31122	136	7	confidence	confidence	NOUN
fbem-31122	136	8	and	and	CCONJ
fbem-31122	136	9	investment	investment	NOUN
fbem-31122	136	10	project	project	NOUN
fbem-31122	136	11	selection	selection	NOUN
fbem-31122	136	12	,	,	PUNCT
fbem-31122	136	13	typically	typically	ADV
fbem-31122	136	14	more	more	ADV
fbem-31122	136	15	profitable	profitable	ADJ
fbem-31122	136	16	companies	company	NOUN
fbem-31122	136	17	have	have	VERB
fbem-31122	136	18	a	a	DET
fbem-31122	136	19	more	more	ADV
fbem-31122	136	20	suitable	suitable	ADJ
fbem-31122	136	21	capital	capital	NOUN
fbem-31122	136	22	structure	structure	NOUN
fbem-31122	136	23	.	.	PUNCT
fbem-31122	137	1	table	table	NOUN
fbem-31122	137	2	2	2	NUM
fbem-31122	137	3	contains	contain	VERB
fbem-31122	137	4	the	the	DET
fbem-31122	137	5	names	name	NOUN
fbem-31122	137	6	and	and	CCONJ
fbem-31122	137	7	definitions	definition	NOUN
fbem-31122	137	8	of	of	ADP
fbem-31122	137	9	the	the	DET
fbem-31122	137	10	variables	variable	NOUN
fbem-31122	137	11	utilized	utilize	VERB
fbem-31122	137	12	in	in	ADP
fbem-31122	137	13	this	this	DET
fbem-31122	137	14	paper	paper	NOUN
fbem-31122	137	15	.	.	PUNCT
fbem-31122	138	1	146	146	NUM
fbem-31122	138	2	table	table	NOUN
fbem-31122	138	3	2	2	NUM
fbem-31122	138	4	.	.	PUNCT
fbem-31122	138	5	variable	variable	ADJ
fbem-31122	138	6	classification	classification	NOUN
fbem-31122	138	7	and	and	CCONJ
fbem-31122	138	8	explanation	explanation	NOUN
fbem-31122	138	9	.	.	PUNCT
fbem-31122	139	1	classification	classification	NOUN
fbem-31122	139	2	name	name	NOUN
fbem-31122	139	3	label	label	NOUN
fbem-31122	139	4	variable	variable	ADJ
fbem-31122	139	5	explanation	explanation	NOUN
fbem-31122	139	6	dependent	dependent	ADJ
fbem-31122	139	7	variable	variable	ADJ
fbem-31122	139	8	financial	financial	ADJ
fbem-31122	139	9	leverage	leverage	NOUN
fbem-31122	139	10	ratio	ratio	NOUN
fbem-31122	139	11	lev	lev	PROPN
fbem-31122	139	12	total	total	ADJ
fbem-31122	139	13	debt	debt	NOUN
fbem-31122	139	14	total	total	NOUN
fbem-31122	139	15	equity⁄	equity⁄	X
fbem-31122	139	16	independent	independent	ADJ
fbem-31122	139	17	variable	variable	ADJ
fbem-31122	139	18	difference	difference	NOUN
fbem-31122	139	19	-	-	PUNCT
fbem-31122	139	20	in	in	ADP
fbem-31122	139	21	-	-	PUNCT
fbem-31122	139	22	difference	difference	NOUN
fbem-31122	139	23	variable	variable	NOUN
fbem-31122	139	24	did	do	AUX
fbem-31122	139	25	date	date	NOUN
fbem-31122	139	26	×	×	NOUN
fbem-31122	139	27	treat	treat	VERB
fbem-31122	139	28	time	time	NOUN
fbem-31122	139	29	virtual	virtual	ADJ
fbem-31122	139	30	variable	variable	ADJ
fbem-31122	139	31	date	date	NOUN
fbem-31122	139	32	before	before	ADP
fbem-31122	139	33	2019	2019	NUM
fbem-31122	139	34	is	be	AUX
fbem-31122	139	35	0	0	NUM
fbem-31122	139	36	,	,	PUNCT
fbem-31122	139	37	and	and	CCONJ
fbem-31122	139	38	after	after	ADP
fbem-31122	139	39	2019	2019	NUM
fbem-31122	139	40	is	be	AUX
fbem-31122	139	41	1	1	NUM
fbem-31122	139	42	group	group	NOUN
fbem-31122	139	43	virtual	virtual	ADJ
fbem-31122	139	44	variables	variable	NOUN
fbem-31122	139	45	treat	treat	VERB
fbem-31122	139	46	the	the	DET
fbem-31122	139	47	enterprise	enterprise	NOUN
fbem-31122	139	48	that	that	PRON
fbem-31122	139	49	produces	produce	VERB
fbem-31122	139	50	capital	capital	NOUN
fbem-31122	139	51	goods	good	NOUN
fbem-31122	139	52	is	be	AUX
fbem-31122	139	53	assigned	assign	VERB
fbem-31122	139	54	a	a	DET
fbem-31122	139	55	value	value	NOUN
fbem-31122	139	56	of	of	ADP
fbem-31122	139	57	1	1	NUM
fbem-31122	139	58	;	;	PUNCT
fbem-31122	139	59	the	the	DET
fbem-31122	139	60	enterprise	enterprise	NOUN
fbem-31122	139	61	that	that	PRON
fbem-31122	139	62	produces	produce	VERB
fbem-31122	139	63	other	other	ADJ
fbem-31122	139	64	products	product	NOUN
fbem-31122	139	65	is	be	AUX
fbem-31122	139	66	assigned	assign	VERB
fbem-31122	139	67	a	a	DET
fbem-31122	139	68	value	value	NOUN
fbem-31122	139	69	of	of	ADP
fbem-31122	139	70	0	0	NUM
fbem-31122	139	71	.	.	PUNCT
fbem-31122	140	1	control	control	PROPN
fbem-31122	140	2	variable	variable	ADJ
fbem-31122	140	3	firm	firm	ADJ
fbem-31122	140	4	size	size	NOUN
fbem-31122	140	5	size	size	NOUN
fbem-31122	140	6	log	log	NOUN
fbem-31122	140	7	total	total	ADJ
fbem-31122	140	8	asset	asset	NOUN
fbem-31122	140	9	profitability	profitability	NOUN
fbem-31122	140	10	roe	roe	PROPN
fbem-31122	140	11	net	net	ADJ
fbem-31122	140	12	income	income	NOUN
fbem-31122	140	13	net	net	NOUN
fbem-31122	140	14	asset⁄	asset⁄	PROPN
fbem-31122	140	15	growth	growth	NOUN
fbem-31122	140	16	potential	potential	ADJ
fbem-31122	140	17	growth	growth	NOUN
fbem-31122	140	18	intangible	intangible	ADJ
fbem-31122	140	19	assets	asset	NOUN
fbem-31122	140	20	equity⁄	equity⁄	X
fbem-31122	140	21	non	non	ADJ
fbem-31122	140	22	-	-	ADJ
fbem-31122	140	23	debt	debt	ADJ
fbem-31122	140	24	tax	tax	NOUN
fbem-31122	140	25	shield	shield	NOUN
fbem-31122	140	26	ndts	ndts	VERB
fbem-31122	140	27	total	total	ADJ
fbem-31122	140	28	debt	debt	NOUN
fbem-31122	140	29	total	total	NOUN
fbem-31122	140	30	asset⁄	asset⁄	INTJ
fbem-31122	140	31	heterogeneity	heterogeneity	NOUN
fbem-31122	140	32	analysis	analysis	NOUN
fbem-31122	140	33	variables	variable	NOUN
fbem-31122	140	34	degree	degree	NOUN
fbem-31122	140	35	of	of	ADP
fbem-31122	140	36	financing	financing	NOUN
fbem-31122	140	37	constraint	constraint	NOUN
fbem-31122	140	38	fc	fc	INTJ
fbem-31122	140	39	the	the	PRON
fbem-31122	140	40	higher	high	ADJ
fbem-31122	140	41	the	the	DET
fbem-31122	140	42	retained	retain	VERB
fbem-31122	140	43	earnings	earning	NOUN
fbem-31122	140	44	,	,	PUNCT
fbem-31122	140	45	the	the	PRON
fbem-31122	140	46	fewer	few	ADJ
fbem-31122	140	47	the	the	DET
fbem-31122	140	48	financing	financing	NOUN
fbem-31122	140	49	restrictions	restriction	NOUN
fbem-31122	140	50	.	.	PUNCT
fbem-31122	141	1	firms	firm	NOUN
fbem-31122	141	2	that	that	PRON
fbem-31122	141	3	exceed	exceed	VERB
fbem-31122	141	4	the	the	DET
fbem-31122	141	5	median	median	NOUN
fbem-31122	141	6	retained	retain	VERB
fbem-31122	141	7	earnings	earning	NOUN
fbem-31122	141	8	are	be	AUX
fbem-31122	141	9	assigned	assign	VERB
fbem-31122	141	10	a	a	DET
fbem-31122	141	11	value	value	NOUN
fbem-31122	141	12	of	of	ADP
fbem-31122	141	13	1	1	NUM
fbem-31122	141	14	,	,	PUNCT
fbem-31122	141	15	while	while	SCONJ
fbem-31122	141	16	others	other	NOUN
fbem-31122	141	17	are	be	AUX
fbem-31122	141	18	assigned	assign	VERB
fbem-31122	141	19	a	a	DET
fbem-31122	141	20	value	value	NOUN
fbem-31122	141	21	of	of	ADP
fbem-31122	141	22	0	0	NUM
fbem-31122	141	23	.	.	PUNCT
fbem-31122	142	1	firm	firm	ADJ
fbem-31122	142	2	asset	asset	NOUN
fbem-31122	142	3	scale	scale	NOUN
fbem-31122	142	4	scal	scal	NOUN
fbem-31122	142	5	above	above	ADP
fbem-31122	142	6	the	the	DET
fbem-31122	142	7	median	median	NOUN
fbem-31122	142	8	of	of	ADP
fbem-31122	142	9	enterprise	enterprise	NOUN
fbem-31122	142	10	assets	asset	NOUN
fbem-31122	142	11	for	for	ADP
fbem-31122	142	12	large	large	ADJ
fbem-31122	142	13	businesses	business	NOUN
fbem-31122	142	14	,	,	PUNCT
fbem-31122	142	15	a	a	DET
fbem-31122	142	16	value	value	NOUN
fbem-31122	142	17	of	of	ADP
fbem-31122	142	18	1	1	NUM
fbem-31122	142	19	,	,	PUNCT
fbem-31122	142	20	the	the	DET
fbem-31122	142	21	remainder	remainder	NOUN
fbem-31122	142	22	for	for	ADP
fbem-31122	142	23	small	small	ADJ
fbem-31122	142	24	businesses	business	NOUN
fbem-31122	142	25	is	be	AUX
fbem-31122	142	26	0	0	NUM
fbem-31122	142	27	.	.	PUNCT
fbem-31122	143	1	4.3	4.3	NUM
fbem-31122	143	2	.	.	PUNCT
fbem-31122	143	3	research	research	NOUN
fbem-31122	143	4	models	model	NOUN
fbem-31122	143	5	did	do	VERB
fbem-31122	143	6	models	model	NOUN
fbem-31122	143	7	are	be	AUX
fbem-31122	143	8	frequently	frequently	ADV
fbem-31122	143	9	employed	employ	VERB
fbem-31122	143	10	to	to	PART
fbem-31122	143	11	evaluate	evaluate	VERB
fbem-31122	143	12	the	the	DET
fbem-31122	143	13	influence	influence	NOUN
fbem-31122	143	14	of	of	ADP
fbem-31122	143	15	policies	policy	NOUN
fbem-31122	143	16	,	,	PUNCT
fbem-31122	143	17	interventions	intervention	NOUN
fbem-31122	143	18	,	,	PUNCT
fbem-31122	143	19	and	and	CCONJ
fbem-31122	143	20	other	other	ADJ
fbem-31122	143	21	processes	process	NOUN
fbem-31122	143	22	on	on	ADP
fbem-31122	143	23	observational	observational	ADJ
fbem-31122	143	24	data	datum	NOUN
fbem-31122	143	25	.	.	PUNCT
fbem-31122	144	1	to	to	PART
fbem-31122	144	2	estimate	estimate	VERB
fbem-31122	144	3	the	the	DET
fbem-31122	144	4	effects	effect	NOUN
fbem-31122	144	5	of	of	ADP
fbem-31122	144	6	treatment	treatment	NOUN
fbem-31122	144	7	,	,	PUNCT
fbem-31122	144	8	the	the	DET
fbem-31122	144	9	model	model	NOUN
fbem-31122	144	10	was	be	AUX
fbem-31122	144	11	developed	develop	VERB
fbem-31122	144	12	to	to	PART
fbem-31122	144	13	account	account	VERB
fbem-31122	144	14	for	for	ADP
fbem-31122	144	15	both	both	DET
fbem-31122	144	16	time	time	NOUN
fbem-31122	144	17	and	and	CCONJ
fbem-31122	144	18	treatment	treatment	NOUN
fbem-31122	144	19	differences	difference	NOUN
fbem-31122	144	20	.	.	PUNCT
fbem-31122	145	1	the	the	DET
fbem-31122	145	2	did	did	ADJ
fbem-31122	145	3	method	method	NOUN
fbem-31122	145	4	has	have	AUX
fbem-31122	145	5	been	be	AUX
fbem-31122	145	6	extensively	extensively	ADV
fbem-31122	145	7	utilized	utilize	VERB
fbem-31122	145	8	in	in	ADP
fbem-31122	145	9	empirical	empirical	ADJ
fbem-31122	145	10	studies	study	NOUN
fbem-31122	145	11	.	.	PUNCT
fbem-31122	146	1	notably	notably	ADV
fbem-31122	146	2	,	,	PUNCT
fbem-31122	146	3	the	the	DET
fbem-31122	146	4	validity	validity	NOUN
fbem-31122	146	5	of	of	ADP
fbem-31122	146	6	the	the	DET
fbem-31122	146	7	did	did	ADJ
fbem-31122	146	8	model	model	NOUN
fbem-31122	146	9	is	be	AUX
fbem-31122	146	10	contingent	contingent	ADJ
fbem-31122	146	11	on	on	ADP
fbem-31122	146	12	the	the	DET
fbem-31122	146	13	assumption	assumption	NOUN
fbem-31122	146	14	of	of	ADP
fbem-31122	146	15	parallel	parallel	ADJ
fbem-31122	146	16	trends	trend	NOUN
fbem-31122	146	17	.	.	PUNCT
fbem-31122	147	1	this	this	PRON
fbem-31122	147	2	implies	imply	VERB
fbem-31122	147	3	that	that	SCONJ
fbem-31122	147	4	the	the	DET
fbem-31122	147	5	treated	treat	VERB
fbem-31122	147	6	group	group	NOUN
fbem-31122	147	7	and	and	CCONJ
fbem-31122	147	8	the	the	DET
fbem-31122	147	9	control	control	NOUN
fbem-31122	147	10	group	group	NOUN
fbem-31122	147	11	should	should	AUX
fbem-31122	147	12	have	have	AUX
fbem-31122	147	13	experienced	experience	VERB
fbem-31122	147	14	a	a	DET
fbem-31122	147	15	comparable	comparable	ADJ
fbem-31122	147	16	time	time	NOUN
fbem-31122	147	17	trend	trend	NOUN
fbem-31122	147	18	prior	prior	ADV
fbem-31122	147	19	to	to	ADP
fbem-31122	147	20	treatment	treatment	NOUN
fbem-31122	147	21	.	.	PUNCT
fbem-31122	148	1	to	to	PART
fbem-31122	148	2	test	test	VERB
fbem-31122	148	3	the	the	DET
fbem-31122	148	4	parallel	parallel	ADJ
fbem-31122	148	5	-	-	PUNCT
fbem-31122	148	6	trend	trend	NOUN
fbem-31122	148	7	hypothesis	hypothesis	NOUN
fbem-31122	148	8	,	,	PUNCT
fbem-31122	148	9	it	it	PRON
fbem-31122	148	10	is	be	AUX
fbem-31122	148	11	possible	possible	ADJ
fbem-31122	148	12	to	to	PART
fbem-31122	148	13	compare	compare	VERB
fbem-31122	148	14	the	the	DET
fbem-31122	148	15	antecedent	antecedent	NOUN
fbem-31122	148	16	trends	trend	NOUN
fbem-31122	148	17	of	of	ADP
fbem-31122	148	18	the	the	DET
fbem-31122	148	19	treated	treat	VERB
fbem-31122	148	20	group	group	NOUN
fbem-31122	148	21	and	and	CCONJ
fbem-31122	148	22	the	the	DET
fbem-31122	148	23	control	control	NOUN
fbem-31122	148	24	group	group	NOUN
fbem-31122	148	25	to	to	PART
fbem-31122	148	26	ensure	ensure	VERB
fbem-31122	148	27	that	that	SCONJ
fbem-31122	148	28	there	there	PRON
fbem-31122	148	29	are	be	VERB
fbem-31122	148	30	no	no	DET
fbem-31122	148	31	significant	significant	ADJ
fbem-31122	148	32	differences	difference	NOUN
fbem-31122	148	33	before	before	SCONJ
fbem-31122	148	34	the	the	DET
fbem-31122	148	35	treatment	treatment	NOUN
fbem-31122	148	36	is	be	AUX
fbem-31122	148	37	administered	administer	VERB
fbem-31122	148	38	.	.	PUNCT
fbem-31122	149	1	in	in	ADP
fbem-31122	149	2	addition	addition	NOUN
fbem-31122	149	3	to	to	ADP
fbem-31122	149	4	the	the	DET
fbem-31122	149	5	policy	policy	NOUN
fbem-31122	149	6	,	,	PUNCT
fbem-31122	149	7	the	the	DET
fbem-31122	149	8	treated	treat	VERB
fbem-31122	149	9	group	group	NOUN
fbem-31122	149	10	and	and	CCONJ
fbem-31122	149	11	the	the	DET
fbem-31122	149	12	control	control	NOUN
fbem-31122	149	13	group	group	NOUN
fbem-31122	149	14	were	be	AUX
fbem-31122	149	15	affected	affect	VERB
fbem-31122	149	16	by	by	ADP
fbem-31122	149	17	other	other	ADJ
fbem-31122	149	18	exogenous	exogenous	ADJ
fbem-31122	149	19	factors	factor	NOUN
fbem-31122	149	20	in	in	ADP
fbem-31122	149	21	the	the	DET
fbem-31122	149	22	study	study	NOUN
fbem-31122	149	23	of	of	ADP
fbem-31122	149	24	policy	policy	NOUN
fbem-31122	149	25	effects	effect	NOUN
fbem-31122	149	26	guarantee	guarantee	VERB
fbem-31122	149	27	.	.	PUNCT
fbem-31122	150	1	this	this	DET
fbem-31122	150	2	paper	paper	NOUN
fbem-31122	150	3	is	be	AUX
fbem-31122	150	4	based	base	VERB
fbem-31122	150	5	on	on	ADP
fbem-31122	150	6	the	the	DET
fbem-31122	150	7	2019	2019	NUM
fbem-31122	150	8	publication	publication	NOUN
fbem-31122	150	9	of	of	ADP
fbem-31122	150	10	the	the	DET
fbem-31122	150	11	net	net	ADJ
fbem-31122	150	12	zero	zero	NUM
fbem-31122	150	13	and	and	CCONJ
fbem-31122	150	14	the	the	DET
fbem-31122	150	15	future	future	NOUN
fbem-31122	150	16	of	of	ADP
fbem-31122	150	17	green	green	ADJ
fbem-31122	150	18	finance	finance	NOUN
fbem-31122	150	19	report	report	NOUN
fbem-31122	150	20	,	,	PUNCT
fbem-31122	150	21	which	which	PRON
fbem-31122	150	22	is	be	AUX
fbem-31122	150	23	not	not	PART
fbem-31122	150	24	aimed	aim	VERB
fbem-31122	150	25	at	at	ADP
fbem-31122	150	26	a	a	DET
fbem-31122	150	27	specific	specific	ADJ
fbem-31122	150	28	company	company	NOUN
fbem-31122	150	29	and	and	CCONJ
fbem-31122	150	30	can	can	AUX
fbem-31122	150	31	thus	thus	ADV
fbem-31122	150	32	be	be	AUX
fbem-31122	150	33	viewed	view	VERB
fbem-31122	150	34	as	as	ADP
fbem-31122	150	35	a	a	DET
fbem-31122	150	36	quasinatural	quasinatural	ADJ
fbem-31122	150	37	experiment	experiment	NOUN
fbem-31122	150	38	.	.	PUNCT
fbem-31122	151	1	the	the	DET
fbem-31122	151	2	nature	nature	NOUN
fbem-31122	151	3	of	of	ADP
fbem-31122	151	4	the	the	DET
fbem-31122	151	5	capital	capital	NOUN
fbem-31122	151	6	structure	structure	NOUN
fbem-31122	151	7	of	of	ADP
fbem-31122	151	8	manufacturing	manufacturing	NOUN
fbem-31122	151	9	enterprises	enterprise	NOUN
fbem-31122	151	10	that	that	PRON
fbem-31122	151	11	produce	produce	VERB
fbem-31122	151	12	capital	capital	NOUN
fbem-31122	151	13	goods	good	NOUN
fbem-31122	151	14	explains	explain	VERB
fbem-31122	151	15	the	the	DET
fbem-31122	151	16	distinction	distinction	NOUN
fbem-31122	151	17	between	between	ADP
fbem-31122	151	18	the	the	DET
fbem-31122	151	19	capital	capital	NOUN
fbem-31122	151	20	structure	structure	NOUN
fbem-31122	151	21	of	of	ADP
fbem-31122	151	22	manufacturing	manufacturing	NOUN
fbem-31122	151	23	enterprises	enterprise	NOUN
fbem-31122	151	24	that	that	PRON
fbem-31122	151	25	produce	produce	VERB
fbem-31122	151	26	capital	capital	NOUN
fbem-31122	151	27	goods	good	NOUN
fbem-31122	151	28	before	before	ADP
fbem-31122	151	29	and	and	CCONJ
fbem-31122	151	30	after	after	ADP
fbem-31122	151	31	the	the	DET
fbem-31122	151	32	policy	policy	NOUN
fbem-31122	151	33	node	node	NOUN
fbem-31122	151	34	.	.	PUNCT
fbem-31122	152	1	consequently	consequently	ADV
fbem-31122	152	2	,	,	PUNCT
fbem-31122	152	3	by	by	ADP
fbem-31122	152	4	defining	define	VERB
fbem-31122	152	5	the	the	DET
fbem-31122	152	6	treated	treat	VERB
fbem-31122	152	7	group	group	NOUN
fbem-31122	152	8	and	and	CCONJ
fbem-31122	152	9	the	the	DET
fbem-31122	152	10	control	control	NOUN
fbem-31122	152	11	group	group	NOUN
fbem-31122	152	12	,	,	PUNCT
fbem-31122	152	13	the	the	DET
fbem-31122	152	14	did	did	ADJ
fbem-31122	152	15	model	model	NOUN
fbem-31122	152	16	can	can	AUX
fbem-31122	152	17	demonstrate	demonstrate	VERB
fbem-31122	152	18	the	the	DET
fbem-31122	152	19	effect	effect	NOUN
fbem-31122	152	20	of	of	ADP
fbem-31122	152	21	green	green	ADJ
fbem-31122	152	22	finance	finance	NOUN
fbem-31122	152	23	policy	policy	NOUN
fbem-31122	152	24	on	on	ADP
fbem-31122	152	25	the	the	DET
fbem-31122	152	26	capital	capital	NOUN
fbem-31122	152	27	structure	structure	NOUN
fbem-31122	152	28	of	of	ADP
fbem-31122	152	29	manufacturing	manufacturing	NOUN
fbem-31122	152	30	firms	firm	NOUN
fbem-31122	152	31	.	.	PUNCT
fbem-31122	153	1	4.4	4.4	NUM
fbem-31122	153	2	.	.	PUNCT
fbem-31122	153	3	model	model	NOUN
fbem-31122	153	4	setting	set	VERB
fbem-31122	153	5	using	use	VERB
fbem-31122	153	6	longitudinal	longitudinal	ADJ
fbem-31122	153	7	data	datum	NOUN
fbem-31122	153	8	from	from	ADP
fbem-31122	153	9	the	the	DET
fbem-31122	153	10	treatment	treatment	NOUN
fbem-31122	153	11	group	group	NOUN
fbem-31122	153	12	and	and	CCONJ
fbem-31122	153	13	the	the	DET
fbem-31122	153	14	control	control	NOUN
fbem-31122	153	15	group	group	NOUN
fbem-31122	153	16	,	,	PUNCT
fbem-31122	153	17	the	the	DET
fbem-31122	153	18	did	did	ADJ
fbem-31122	153	19	model	model	NOUN
fbem-31122	153	20	is	be	AUX
fbem-31122	153	21	applied	apply	VERB
fbem-31122	153	22	to	to	PART
fbem-31122	153	23	derive	derive	VERB
fbem-31122	153	24	a	a	DET
fbem-31122	153	25	suitable	suitable	ADJ
fbem-31122	153	26	counterfactual	counterfactual	ADJ
fbem-31122	153	27	estimate	estimate	NOUN
fbem-31122	153	28	of	of	ADP
fbem-31122	153	29	the	the	DET
fbem-31122	153	30	causal	causal	ADJ
fbem-31122	153	31	effect	effect	NOUN
fbem-31122	153	32	.	.	PUNCT
fbem-31122	154	1	using	use	VERB
fbem-31122	154	2	the	the	DET
fbem-31122	154	3	did	did	ADJ
fbem-31122	154	4	model	model	NOUN
fbem-31122	154	5	,	,	PUNCT
fbem-31122	154	6	chen	chen	PROPN
fbem-31122	154	7	et	et	PROPN
fbem-31122	154	8	al	al	PROPN
fbem-31122	154	9	.	.	PROPN
fbem-31122	155	1	(	(	PUNCT
fbem-31122	155	2	2023	2023	NUM
fbem-31122	155	3	)	)	PUNCT
fbem-31122	155	4	enriched	enrich	VERB
fbem-31122	155	5	the	the	DET
fbem-31122	155	6	research	research	NOUN
fbem-31122	155	7	on	on	ADP
fbem-31122	155	8	green	green	ADJ
fbem-31122	155	9	finance	finance	NOUN
fbem-31122	155	10	policy	policy	NOUN
fbem-31122	155	11	and	and	CCONJ
fbem-31122	155	12	provided	provide	VERB
fbem-31122	155	13	policy	policy	NOUN
fbem-31122	155	14	recommendations	recommendation	NOUN
fbem-31122	155	15	for	for	ADP
fbem-31122	155	16	the	the	DET
fbem-31122	155	17	transformation	transformation	NOUN
fbem-31122	155	18	of	of	ADP
fbem-31122	155	19	the	the	DET
fbem-31122	155	20	manufacturing	manufacturing	NOUN
fbem-31122	155	21	sector	sector	NOUN
fbem-31122	155	22	by	by	ADP
fbem-31122	155	23	analysing	analyse	VERB
fbem-31122	155	24	the	the	DET
fbem-31122	155	25	effect	effect	NOUN
fbem-31122	155	26	of	of	ADP
fbem-31122	155	27	green	green	ADJ
fbem-31122	155	28	finance	finance	NOUN
fbem-31122	155	29	policy	policy	NOUN
fbem-31122	155	30	on	on	ADP
fbem-31122	155	31	the	the	DET
fbem-31122	155	32	green	green	ADJ
fbem-31122	155	33	transition	transition	NOUN
fbem-31122	155	34	process	process	NOUN
fbem-31122	155	35	of	of	ADP
fbem-31122	155	36	the	the	DET
fbem-31122	155	37	manufacturing	manufacturing	NOUN
fbem-31122	155	38	industry	industry	NOUN
fbem-31122	155	39	from	from	ADP
fbem-31122	155	40	2013	2013	NUM
fbem-31122	155	41	to	to	ADP
fbem-31122	155	42	2021	2021	NUM
fbem-31122	155	43	.	.	PUNCT
fbem-31122	156	1	similarly	similarly	ADV
fbem-31122	156	2	,	,	PUNCT
fbem-31122	156	3	huang	huang	PROPN
fbem-31122	156	4	et	et	PROPN
fbem-31122	156	5	al	al	PROPN
fbem-31122	156	6	.	.	PROPN
fbem-31122	157	1	(	(	PUNCT
fbem-31122	157	2	2021	2021	NUM
fbem-31122	157	3	)	)	PUNCT
fbem-31122	157	4	used	use	VERB
fbem-31122	157	5	data	datum	NOUN
fbem-31122	157	6	from	from	ADP
fbem-31122	157	7	2011	2011	NUM
fbem-31122	157	8	-	-	SYM
fbem-31122	157	9	2019	2019	NUM
fbem-31122	157	10	using	use	VERB
fbem-31122	157	11	the	the	DET
fbem-31122	157	12	did	did	ADJ
fbem-31122	157	13	model	model	NOUN
fbem-31122	157	14	to	to	PART
fbem-31122	157	15	analyse	analyse	VERB
fbem-31122	157	16	the	the	DET
fbem-31122	157	17	environmental	environmental	ADJ
fbem-31122	157	18	impact	impact	NOUN
fbem-31122	157	19	of	of	ADP
fbem-31122	157	20	green	green	ADJ
fbem-31122	157	21	finance	finance	NOUN
fbem-31122	157	22	policies	policy	NOUN
fbem-31122	157	23	in	in	ADP
fbem-31122	157	24	china	china	PROPN
fbem-31122	157	25	and	and	CCONJ
fbem-31122	157	26	found	find	VERB
fbem-31122	157	27	that	that	SCONJ
fbem-31122	157	28	these	these	DET
fbem-31122	157	29	policies	policy	NOUN
fbem-31122	157	30	were	be	AUX
fbem-31122	157	31	most	most	ADV
fbem-31122	157	32	beneficial	beneficial	ADJ
fbem-31122	157	33	in	in	ADP
fbem-31122	157	34	areas	area	NOUN
fbem-31122	157	35	with	with	ADP
fbem-31122	157	36	the	the	DET
fbem-31122	157	37	most	most	ADV
fbem-31122	157	38	severe	severe	ADJ
fbem-31122	157	39	environmental	environmental	ADJ
fbem-31122	157	40	contamination	contamination	NOUN
fbem-31122	157	41	.	.	PUNCT
fbem-31122	158	1	based	base	VERB
fbem-31122	158	2	on	on	ADP
fbem-31122	158	3	data	datum	NOUN
fbem-31122	158	4	from	from	ADP
fbem-31122	158	5	2005	2005	NUM
fbem-31122	158	6	to	to	ADP
fbem-31122	158	7	2019	2019	NUM
fbem-31122	158	8	,	,	PUNCT
fbem-31122	158	9	wang	wang	PROPN
fbem-31122	158	10	(	(	PUNCT
fbem-31122	158	11	2023	2023	NUM
fbem-31122	158	12	)	)	PUNCT
fbem-31122	158	13	investigates	investigate	VERB
fbem-31122	158	14	the	the	DET
fbem-31122	158	15	impact	impact	NOUN
fbem-31122	158	16	of	of	ADP
fbem-31122	158	17	china	china	PROPN
fbem-31122	158	18	's	's	PART
fbem-31122	158	19	green	green	ADJ
fbem-31122	158	20	finance	finance	NOUN
fbem-31122	158	21	policies	policy	NOUN
fbem-31122	158	22	on	on	ADP
fbem-31122	158	23	the	the	DET
fbem-31122	158	24	efficiency	efficiency	NOUN
fbem-31122	158	25	of	of	ADP
fbem-31122	158	26	manufacturing	manufacturing	NOUN
fbem-31122	158	27	innovation	innovation	NOUN
fbem-31122	158	28	and	and	CCONJ
fbem-31122	158	29	concludes	conclude	VERB
fbem-31122	158	30	that	that	SCONJ
fbem-31122	158	31	heavy	heavy	ADJ
fbem-31122	158	32	-	-	PUNCT
fbem-31122	158	33	polluting	pollute	VERB
fbem-31122	158	34	industries	industry	NOUN
fbem-31122	158	35	have	have	VERB
fbem-31122	158	36	a	a	DET
fbem-31122	158	37	lower	low	ADJ
fbem-31122	158	38	green	green	ADJ
fbem-31122	158	39	innovation	innovation	NOUN
fbem-31122	158	40	efficiency	efficiency	NOUN
fbem-31122	158	41	(	(	PUNCT
fbem-31122	158	42	gic	gic	NOUN
fbem-31122	158	43	)	)	PUNCT
fbem-31122	158	44	than	than	ADP
fbem-31122	158	45	non	non	ADJ
fbem-31122	158	46	-	-	ADJ
fbem-31122	158	47	heavy	heavy	ADJ
fbem-31122	158	48	-	-	PUNCT
fbem-31122	158	49	polluting	pollute	VERB
fbem-31122	158	50	industries	industry	NOUN
fbem-31122	158	51	.	.	PUNCT
fbem-31122	159	1	using	use	VERB
fbem-31122	159	2	longitudinal	longitudinal	ADJ
fbem-31122	159	3	data	datum	NOUN
fbem-31122	159	4	from	from	ADP
fbem-31122	159	5	the	the	DET
fbem-31122	159	6	treatment	treatment	NOUN
fbem-31122	159	7	group	group	NOUN
fbem-31122	159	8	and	and	CCONJ
fbem-31122	159	9	the	the	DET
fbem-31122	159	10	control	control	NOUN
fbem-31122	159	11	group	group	NOUN
fbem-31122	159	12	,	,	PUNCT
fbem-31122	159	13	the	the	DET
fbem-31122	159	14	did	did	ADJ
fbem-31122	159	15	model	model	NOUN
fbem-31122	159	16	is	be	AUX
fbem-31122	159	17	applied	apply	VERB
fbem-31122	159	18	to	to	PART
fbem-31122	159	19	derive	derive	VERB
fbem-31122	159	20	a	a	DET
fbem-31122	159	21	suitable	suitable	ADJ
fbem-31122	159	22	counterfactual	counterfactual	ADJ
fbem-31122	159	23	estimate	estimate	NOUN
fbem-31122	159	24	of	of	ADP
fbem-31122	159	25	the	the	DET
fbem-31122	159	26	causal	causal	ADJ
fbem-31122	159	27	effect	effect	NOUN
fbem-31122	159	28	.	.	PUNCT
fbem-31122	160	1	using	use	VERB
fbem-31122	160	2	the	the	DET
fbem-31122	160	3	did	did	ADJ
fbem-31122	160	4	model	model	NOUN
fbem-31122	160	5	,	,	PUNCT
fbem-31122	160	6	chen	chen	PROPN
fbem-31122	160	7	et	et	PROPN
fbem-31122	160	8	al	al	PROPN
fbem-31122	160	9	.	.	PROPN
fbem-31122	161	1	(	(	PUNCT
fbem-31122	161	2	2023	2023	NUM
fbem-31122	161	3	)	)	PUNCT
fbem-31122	161	4	enriched	enrich	VERB
fbem-31122	161	5	the	the	DET
fbem-31122	161	6	research	research	NOUN
fbem-31122	161	7	on	on	ADP
fbem-31122	161	8	green	green	ADJ
fbem-31122	161	9	finance	finance	NOUN
fbem-31122	161	10	policy	policy	NOUN
fbem-31122	161	11	and	and	CCONJ
fbem-31122	161	12	provided	provide	VERB
fbem-31122	161	13	policy	policy	NOUN
fbem-31122	161	14	recommendations	recommendation	NOUN
fbem-31122	161	15	for	for	ADP
fbem-31122	161	16	the	the	DET
fbem-31122	161	17	transformation	transformation	NOUN
fbem-31122	161	18	of	of	ADP
fbem-31122	161	19	the	the	DET
fbem-31122	161	20	manufacturing	manufacturing	NOUN
fbem-31122	161	21	sector	sector	NOUN
fbem-31122	161	22	by	by	ADP
fbem-31122	161	23	analysing	analyse	VERB
fbem-31122	161	24	the	the	DET
fbem-31122	161	25	effect	effect	NOUN
fbem-31122	161	26	of	of	ADP
fbem-31122	161	27	green	green	ADJ
fbem-31122	161	28	finance	finance	NOUN
fbem-31122	161	29	policy	policy	NOUN
fbem-31122	161	30	on	on	ADP
fbem-31122	161	31	the	the	DET
fbem-31122	161	32	green	green	ADJ
fbem-31122	161	33	transition	transition	NOUN
fbem-31122	161	34	process	process	NOUN
fbem-31122	161	35	of	of	ADP
fbem-31122	161	36	the	the	DET
fbem-31122	161	37	manufacturing	manufacturing	NOUN
fbem-31122	161	38	industry	industry	NOUN
fbem-31122	161	39	from	from	ADP
fbem-31122	161	40	2013	2013	NUM
fbem-31122	161	41	to	to	ADP
fbem-31122	161	42	2021	2021	NUM
fbem-31122	161	43	.	.	PUNCT
fbem-31122	162	1	similarly	similarly	ADV
fbem-31122	162	2	,	,	PUNCT
fbem-31122	162	3	huang	huang	PROPN
fbem-31122	162	4	et	et	PROPN
fbem-31122	162	5	al	al	PROPN
fbem-31122	162	6	.	.	PROPN
fbem-31122	163	1	(	(	PUNCT
fbem-31122	163	2	2021	2021	NUM
fbem-31122	163	3	)	)	PUNCT
fbem-31122	163	4	used	use	VERB
fbem-31122	163	5	data	datum	NOUN
fbem-31122	163	6	from	from	ADP
fbem-31122	163	7	2011	2011	NUM
fbem-31122	163	8	-	-	SYM
fbem-31122	163	9	2019	2019	NUM
fbem-31122	163	10	using	use	VERB
fbem-31122	163	11	the	the	DET
fbem-31122	163	12	did	did	ADJ
fbem-31122	163	13	model	model	NOUN
fbem-31122	163	14	to	to	PART
fbem-31122	163	15	analyse	analyse	VERB
fbem-31122	163	16	the	the	DET
fbem-31122	163	17	environmental	environmental	ADJ
fbem-31122	163	18	impact	impact	NOUN
fbem-31122	163	19	of	of	ADP
fbem-31122	163	20	green	green	ADJ
fbem-31122	163	21	finance	finance	NOUN
fbem-31122	163	22	policies	policy	NOUN
fbem-31122	163	23	in	in	ADP
fbem-31122	163	24	china	china	PROPN
fbem-31122	163	25	and	and	CCONJ
fbem-31122	163	26	found	find	VERB
fbem-31122	163	27	that	that	SCONJ
fbem-31122	163	28	these	these	DET
fbem-31122	163	29	policies	policy	NOUN
fbem-31122	163	30	were	be	AUX
fbem-31122	163	31	most	most	ADV
fbem-31122	163	32	beneficial	beneficial	ADJ
fbem-31122	163	33	in	in	ADP
fbem-31122	163	34	areas	area	NOUN
fbem-31122	163	35	with	with	ADP
fbem-31122	163	36	the	the	DET
fbem-31122	163	37	most	most	ADV
fbem-31122	163	38	severe	severe	ADJ
fbem-31122	163	39	environmental	environmental	ADJ
fbem-31122	163	40	contamination	contamination	NOUN
fbem-31122	163	41	.	.	PUNCT
fbem-31122	164	1	based	base	VERB
fbem-31122	164	2	on	on	ADP
fbem-31122	164	3	data	datum	NOUN
fbem-31122	164	4	from	from	ADP
fbem-31122	164	5	2005	2005	NUM
fbem-31122	164	6	to	to	ADP
fbem-31122	164	7	2019	2019	NUM
fbem-31122	164	8	,	,	PUNCT
fbem-31122	164	9	wang	wang	PROPN
fbem-31122	164	10	(	(	PUNCT
fbem-31122	164	11	2023	2023	NUM
fbem-31122	164	12	)	)	PUNCT
fbem-31122	164	13	investigates	investigate	VERB
fbem-31122	164	14	the	the	DET
fbem-31122	164	15	impact	impact	NOUN
fbem-31122	164	16	of	of	ADP
fbem-31122	164	17	china	china	PROPN
fbem-31122	164	18	's	's	PART
fbem-31122	164	19	green	green	ADJ
fbem-31122	164	20	finance	finance	NOUN
fbem-31122	164	21	policies	policy	NOUN
fbem-31122	164	22	on	on	ADP
fbem-31122	164	23	the	the	DET
fbem-31122	164	24	efficiency	efficiency	NOUN
fbem-31122	164	25	of	of	ADP
fbem-31122	164	26	manufacturing	manufacturing	NOUN
fbem-31122	164	27	innovation	innovation	NOUN
fbem-31122	164	28	and	and	CCONJ
fbem-31122	164	29	concludes	conclude	VERB
fbem-31122	164	30	that	that	SCONJ
fbem-31122	164	31	heavy	heavy	ADJ
fbem-31122	164	32	-	-	PUNCT
fbem-31122	164	33	polluting	pollute	VERB
fbem-31122	164	34	industries	industry	NOUN
fbem-31122	164	35	have	have	VERB
fbem-31122	164	36	a	a	DET
fbem-31122	164	37	lower	low	ADJ
fbem-31122	164	38	green	green	ADJ
fbem-31122	164	39	innovation	innovation	NOUN
fbem-31122	164	40	efficiency	efficiency	NOUN
fbem-31122	164	41	(	(	PUNCT
fbem-31122	164	42	gic	gic	NOUN
fbem-31122	164	43	)	)	PUNCT
fbem-31122	164	44	than	than	ADP
fbem-31122	164	45	non	non	ADJ
fbem-31122	164	46	-	-	ADJ
fbem-31122	164	47	heavy	heavy	ADJ
fbem-31122	164	48	-	-	PUNCT
fbem-31122	164	49	polluting	pollute	VERB
fbem-31122	164	50	industries	industry	NOUN
fbem-31122	164	51	.	.	PUNCT
fbem-31122	165	1	did	do	AUX
fbem-31122	165	2	models	model	NOUN
fbem-31122	165	3	can	can	AUX
fbem-31122	165	4	account	account	VERB
fbem-31122	165	5	for	for	ADP
fbem-31122	165	6	this	this	DET
fbem-31122	165	7	time	time	NOUN
fbem-31122	165	8	and	and	CCONJ
fbem-31122	165	9	place	place	NOUN
fbem-31122	165	10	heterogeneity	heterogeneity	NOUN
fbem-31122	165	11	,	,	PUNCT
fbem-31122	165	12	as	as	SCONJ
fbem-31122	165	13	policy	policy	NOUN
fbem-31122	165	14	implementation	implementation	NOUN
fbem-31122	165	15	typically	typically	ADV
fbem-31122	165	16	does	do	AUX
fbem-31122	165	17	not	not	PART
fbem-31122	165	18	occur	occur	VERB
fbem-31122	165	19	simultaneously	simultaneously	ADV
fbem-31122	165	20	in	in	ADP
fbem-31122	165	21	all	all	DET
fbem-31122	165	22	regions	region	NOUN
fbem-31122	165	23	and	and	CCONJ
fbem-31122	165	24	at	at	ADP
fbem-31122	165	25	all	all	DET
fbem-31122	165	26	times	time	NOUN
fbem-31122	165	27	.	.	PUNCT
fbem-31122	166	1	thus	thus	ADV
fbem-31122	166	2	,	,	PUNCT
fbem-31122	166	3	this	this	DET
fbem-31122	166	4	paper	paper	NOUN
fbem-31122	166	5	uses	use	VERB
fbem-31122	166	6	did	do	AUX
fbem-31122	166	7	model	model	VERB
fbem-31122	166	8	empirical	empirical	ADJ
fbem-31122	166	9	analysis	analysis	NOUN
fbem-31122	166	10	to	to	PART
fbem-31122	166	11	investigate	investigate	VERB
fbem-31122	166	12	the	the	DET
fbem-31122	166	13	impact	impact	NOUN
fbem-31122	166	14	of	of	ADP
fbem-31122	166	15	green	green	ADJ
fbem-31122	166	16	finance	finance	NOUN
fbem-31122	166	17	policy	policy	NOUN
fbem-31122	166	18	on	on	ADP
fbem-31122	166	19	the	the	DET
fbem-31122	166	20	capital	capital	NOUN
fbem-31122	166	21	structure	structure	NOUN
fbem-31122	166	22	of	of	ADP
fbem-31122	166	23	manufacturing	manufacturing	NOUN
fbem-31122	166	24	enterprises	enterprise	NOUN
fbem-31122	166	25	,	,	PUNCT
fbem-31122	166	26	distinguishing	distinguish	VERB
fbem-31122	166	27	between	between	ADP
fbem-31122	166	28	capital	capital	NOUN
fbem-31122	166	29	goods	good	NOUN
fbem-31122	166	30	manufacturing	manufacturing	NOUN
fbem-31122	166	31	enterprises	enterprise	NOUN
fbem-31122	166	32	and	and	CCONJ
fbem-31122	166	33	other	other	ADJ
fbem-31122	166	34	products	product	NOUN
fbem-31122	166	35	manufacturing	manufacturing	NOUN
fbem-31122	166	36	enterprises	enterprise	NOUN
fbem-31122	166	37	,	,	PUNCT
fbem-31122	166	38	as	as	ADV
fbem-31122	166	39	well	well	ADV
fbem-31122	166	40	as	as	ADP
fbem-31122	166	41	comparing	compare	VERB
fbem-31122	166	42	the	the	DET
fbem-31122	166	43	capital	capital	NOUN
fbem-31122	166	44	structures	structure	NOUN
fbem-31122	166	45	of	of	ADP
fbem-31122	166	46	these	these	DET
fbem-31122	166	47	entities	entity	NOUN
fbem-31122	166	48	before	before	ADP
fbem-31122	166	49	and	and	CCONJ
fbem-31122	166	50	after	after	SCONJ
fbem-31122	166	51	the	the	DET
fbem-31122	166	52	policy	policy	NOUN
fbem-31122	166	53	was	be	AUX
fbem-31122	166	54	put	put	VERB
fbem-31122	166	55	into	into	ADP
fbem-31122	166	56	place	place	NOUN
fbem-31122	166	57	.	.	PUNCT
fbem-31122	167	1	based	base	VERB
fbem-31122	167	2	on	on	ADP
fbem-31122	167	3	the	the	DET
fbem-31122	167	4	preceding	precede	VERB
fbem-31122	167	5	analysis	analysis	NOUN
fbem-31122	167	6	,	,	PUNCT
fbem-31122	167	7	this	this	DET
fbem-31122	167	8	paper	paper	NOUN
fbem-31122	167	9	develops	develop	VERB
fbem-31122	167	10	the	the	DET
fbem-31122	167	11	following	follow	VERB
fbem-31122	167	12	fundamental	fundamental	ADJ
fbem-31122	167	13	model	model	NOUN
fbem-31122	167	14	shown	show	VERB
fbem-31122	167	15	below	below	ADP
fbem-31122	167	16	:	:	PUNCT
fbem-31122	168	1	levi	levi	PROPN
fbem-31122	168	2	,	,	PUNCT
fbem-31122	168	3	t	t	PROPN
fbem-31122	168	4	=	=	SYM
fbem-31122	168	5	β0	β0	PROPN
fbem-31122	168	6	+	+	CCONJ
fbem-31122	168	7	β1didi	β1didi	PROPN
fbem-31122	168	8	,	,	PUNCT
fbem-31122	168	9	t	t	NOUN
fbem-31122	168	10	+	+	CCONJ
fbem-31122	168	11	β2datet	β2datet	X
fbem-31122	168	12	+	+	CCONJ
fbem-31122	168	13	β3treati	β3treati	NOUN
fbem-31122	168	14	+	+	CCONJ
fbem-31122	168	15	β4controli	β4controli	NUM
fbem-31122	168	16	,	,	PUNCT
fbem-31122	168	17	t−1	t−1	PROPN
fbem-31122	168	18	+	+	CCONJ
fbem-31122	168	19	yeart	yeart	NOUN
fbem-31122	168	20	+	+	CCONJ
fbem-31122	168	21	firmi	firmi	NOUN
fbem-31122	168	22	+	+	CCONJ
fbem-31122	168	23	εi	εi	ADJ
fbem-31122	168	24	,	,	PUNCT
fbem-31122	168	25	t	t	PROPN
fbem-31122	168	26	(	(	PUNCT
fbem-31122	168	27	1	1	NUM
fbem-31122	168	28	)	)	PUNCT
fbem-31122	168	29	where	where	SCONJ
fbem-31122	168	30	the	the	DET
fbem-31122	168	31	variable	variable	ADJ
fbem-31122	168	32	levi	levi	PROPN
fbem-31122	168	33	,	,	PUNCT
fbem-31122	168	34	t	t	PROPN
fbem-31122	168	35	is	be	AUX
fbem-31122	168	36	examined	examine	VERB
fbem-31122	168	37	on	on	ADP
fbem-31122	168	38	the	the	DET
fbem-31122	168	39	left	left	ADJ
fbem-31122	168	40	side	side	NOUN
fbem-31122	168	41	of	of	ADP
fbem-31122	168	42	the	the	DET
fbem-31122	168	43	equation	equation	NOUN
fbem-31122	168	44	.	.	PUNCT
fbem-31122	169	1	the	the	DET
fbem-31122	169	2	didi	didi	PROPN
fbem-31122	169	3	,	,	PUNCT
fbem-31122	169	4	t	t	PROPN
fbem-31122	169	5	is	be	AUX
fbem-31122	169	6	an	an	DET
fbem-31122	169	7	interactive	interactive	ADJ
fbem-31122	169	8	term	term	NOUN
fbem-31122	169	9	,	,	PUNCT
fbem-31122	169	10	β1	β1	PROPN
fbem-31122	169	11	is	be	AUX
fbem-31122	169	12	a	a	DET
fbem-31122	169	13	coefficient	coefficient	NOUN
fbem-31122	169	14	reflecting	reflect	VERB
fbem-31122	169	15	the	the	DET
fbem-31122	169	16	net	net	ADJ
fbem-31122	169	17	effect	effect	NOUN
fbem-31122	169	18	of	of	ADP
fbem-31122	169	19	green	green	ADJ
fbem-31122	169	20	finance	finance	NOUN
fbem-31122	169	21	policy	policy	NOUN
fbem-31122	169	22	on	on	ADP
fbem-31122	169	23	the	the	DET
fbem-31122	169	24	capital	capital	NOUN
fbem-31122	169	25	structure	structure	NOUN
fbem-31122	169	26	of	of	ADP
fbem-31122	169	27	manufacturing	manufacturing	NOUN
fbem-31122	169	28	enterprises	enterprise	NOUN
fbem-31122	169	29	,	,	PUNCT
fbem-31122	169	30	and	and	CCONJ
fbem-31122	169	31	date	date	NOUN
fbem-31122	169	32	is	be	AUX
fbem-31122	169	33	a	a	DET
fbem-31122	169	34	virtual	virtual	ADJ
fbem-31122	169	35	time	time	NOUN
fbem-31122	169	36	variable	variable	NOUN
fbem-31122	169	37	assigned	assign	VERB
fbem-31122	169	38	0	0	NUM
fbem-31122	169	39	prior	prior	ADV
fbem-31122	169	40	to	to	ADP
fbem-31122	169	41	2019	2019	NUM
fbem-31122	169	42	and	and	CCONJ
fbem-31122	169	43	1	1	NUM
fbem-31122	169	44	after	after	ADP
fbem-31122	169	45	2019	2019	NUM
fbem-31122	169	46	.	.	PUNCT
fbem-31122	170	1	as	as	ADP
fbem-31122	170	2	a	a	DET
fbem-31122	170	3	coefficient	coefficient	NOUN
fbem-31122	170	4	of	of	ADP
fbem-31122	170	5	a	a	DET
fbem-31122	170	6	time	time	NOUN
fbem-31122	170	7	virtual	virtual	ADJ
fbem-31122	170	8	variable	variable	NOUN
fbem-31122	170	9	,	,	PUNCT
fbem-31122	170	10	β2	β2	PROPN
fbem-31122	170	11	reflects	reflect	VERB
fbem-31122	170	12	the	the	DET
fbem-31122	170	13	time	time	NOUN
fbem-31122	170	14	effect	effect	NOUN
fbem-31122	170	15	of	of	ADP
fbem-31122	170	16	the	the	DET
fbem-31122	170	17	policy	policy	NOUN
fbem-31122	170	18	.	.	PUNCT
fbem-31122	171	1	the	the	DET
fbem-31122	171	2	treati	treati	PROPN
fbem-31122	171	3	stands	stand	VERB
fbem-31122	171	4	for	for	ADP
fbem-31122	171	5	the	the	DET
fbem-31122	171	6	virtual	virtual	ADJ
fbem-31122	171	7	variables	variable	NOUN
fbem-31122	171	8	of	of	ADP
fbem-31122	171	9	various	various	ADJ
fbem-31122	171	10	manufacturing	manufacturing	NOUN
fbem-31122	171	11	companies	company	NOUN
fbem-31122	171	12	.	.	PUNCT
fbem-31122	172	1	the	the	DET
fbem-31122	172	2	enterprise	enterprise	NOUN
fbem-31122	172	3	value	value	NOUN
fbem-31122	172	4	of	of	ADP
fbem-31122	172	5	capital	capital	NOUN
fbem-31122	172	6	commodities	commodity	NOUN
fbem-31122	172	7	is	be	AUX
fbem-31122	172	8	1	1	NUM
fbem-31122	172	9	,	,	PUNCT
fbem-31122	172	10	the	the	DET
fbem-31122	172	11	enterprise	enterprise	NOUN
fbem-31122	172	12	value	value	NOUN
fbem-31122	172	13	of	of	ADP
fbem-31122	172	14	other	other	ADJ
fbem-31122	172	15	products	product	NOUN
fbem-31122	172	16	is	be	AUX
fbem-31122	172	17	0	0	NUM
fbem-31122	172	18	,	,	PUNCT
fbem-31122	172	19	and	and	CCONJ
fbem-31122	172	20	β3	β3	VERB
fbem-31122	172	21	represents	represent	VERB
fbem-31122	172	22	the	the	DET
fbem-31122	172	23	individual	individual	ADJ
fbem-31122	172	24	effect	effect	NOUN
fbem-31122	172	25	of	of	ADP
fbem-31122	172	26	the	the	DET
fbem-31122	172	27	147	147	NUM
fbem-31122	172	28	enterprise	enterprise	NOUN
fbem-31122	172	29	.	.	PUNCT
fbem-31122	173	1	the	the	DET
fbem-31122	173	2	controli	controli	NOUN
fbem-31122	173	3	,	,	PUNCT
fbem-31122	173	4	t−1	t−1	PROPN
fbem-31122	173	5	is	be	AUX
fbem-31122	173	6	the	the	DET
fbem-31122	173	7	control	control	NOUN
fbem-31122	173	8	variable	variable	NOUN
fbem-31122	173	9	referred	refer	VERB
fbem-31122	173	10	to	to	ADP
fbem-31122	173	11	in	in	ADP
fbem-31122	173	12	section	section	NOUN
fbem-31122	173	13	3.2	3.2	NUM
fbem-31122	173	14	.	.	PUNCT
fbem-31122	174	1	the	the	DET
fbem-31122	174	2	yeart	yeart	NOUN
fbem-31122	174	3	,	,	PUNCT
fbem-31122	174	4	and	and	CCONJ
fbem-31122	174	5	firmi	firmi	NOUN
fbem-31122	174	6	respectively	respectively	ADV
fbem-31122	174	7	represent	represent	VERB
fbem-31122	174	8	time	time	NOUN
fbem-31122	174	9	fixed	fix	VERB
fbem-31122	174	10	effect	effect	NOUN
fbem-31122	174	11	and	and	CCONJ
fbem-31122	174	12	individual	individual	ADJ
fbem-31122	174	13	fixed	fix	VERB
fbem-31122	174	14	effect	effect	NOUN
fbem-31122	174	15	.	.	PUNCT
fbem-31122	175	1	the	the	DET
fbem-31122	175	2	εi	εi	NOUN
fbem-31122	175	3	,	,	PUNCT
fbem-31122	175	4	t	t	PROPN
fbem-31122	175	5	is	be	AUX
fbem-31122	175	6	the	the	DET
fbem-31122	175	7	error	error	NOUN
fbem-31122	175	8	term	term	NOUN
fbem-31122	175	9	,	,	PUNCT
fbem-31122	175	10	which	which	PRON
fbem-31122	175	11	includes	include	VERB
fbem-31122	175	12	other	other	ADJ
fbem-31122	175	13	factors	factor	NOUN
fbem-31122	175	14	not	not	PART
fbem-31122	175	15	considered	consider	VERB
fbem-31122	175	16	by	by	ADP
fbem-31122	175	17	the	the	DET
fbem-31122	175	18	model	model	NOUN
fbem-31122	175	19	,	,	PUNCT
fbem-31122	175	20	measurement	measurement	NOUN
fbem-31122	175	21	error	error	NOUN
fbem-31122	175	22	,	,	PUNCT
fbem-31122	175	23	and	and	CCONJ
fbem-31122	175	24	random	random	ADJ
fbem-31122	175	25	noise	noise	NOUN
fbem-31122	175	26	.	.	PUNCT
fbem-31122	176	1	the	the	DET
fbem-31122	176	2	model	model	NOUN
fbem-31122	176	3	is	be	AUX
fbem-31122	176	4	able	able	ADJ
fbem-31122	176	5	to	to	PART
fbem-31122	176	6	effectively	effectively	ADV
fbem-31122	176	7	address	address	VERB
fbem-31122	176	8	the	the	DET
fbem-31122	176	9	issues	issue	NOUN
fbem-31122	176	10	of	of	ADP
fbem-31122	176	11	endogenies	endogeny	NOUN
fbem-31122	176	12	and	and	CCONJ
fbem-31122	176	13	absent	absent	ADJ
fbem-31122	176	14	variables	variable	NOUN
fbem-31122	176	15	.	.	PUNCT
fbem-31122	177	1	for	for	ADP
fbem-31122	177	2	hypotheses	hypothesis	NOUN
fbem-31122	177	3	2	2	NUM
fbem-31122	177	4	and	and	CCONJ
fbem-31122	177	5	3	3	NUM
fbem-31122	177	6	,	,	PUNCT
fbem-31122	177	7	data	datum	NOUN
fbem-31122	177	8	need	need	VERB
fbem-31122	177	9	to	to	PART
fbem-31122	177	10	be	be	AUX
fbem-31122	177	11	analysed	analyse	VERB
fbem-31122	177	12	for	for	ADP
fbem-31122	177	13	heterogeneity	heterogeneity	NOUN
fbem-31122	177	14	.	.	PUNCT
fbem-31122	178	1	this	this	DET
fbem-31122	178	2	paper	paper	NOUN
fbem-31122	178	3	evaluates	evaluate	NOUN
fbem-31122	178	4	and	and	CCONJ
fbem-31122	178	5	analyses	analyse	VERB
fbem-31122	178	6	them	they	PRON
fbem-31122	178	7	from	from	ADP
fbem-31122	178	8	the	the	DET
fbem-31122	178	9	perspectives	perspective	NOUN
fbem-31122	178	10	of	of	ADP
fbem-31122	178	11	financing	financing	NOUN
fbem-31122	178	12	constraints	constraint	NOUN
fbem-31122	178	13	and	and	CCONJ
fbem-31122	178	14	firm	firm	ADJ
fbem-31122	178	15	asset	asset	NOUN
fbem-31122	178	16	scale	scale	NOUN
fbem-31122	178	17	,	,	PUNCT
fbem-31122	178	18	and	and	CCONJ
fbem-31122	178	19	establishes	establish	VERB
fbem-31122	178	20	two	two	NUM
fbem-31122	178	21	dummy	dummy	ADJ
fbem-31122	178	22	variables	variable	NOUN
fbem-31122	178	23	,	,	PUNCT
fbem-31122	178	24	fc	fc	PROPN
fbem-31122	178	25	and	and	CCONJ
fbem-31122	178	26	scal	scal	ADJ
fbem-31122	178	27	,	,	PUNCT
fbem-31122	178	28	for	for	ADP
fbem-31122	178	29	each	each	PRON
fbem-31122	178	30	of	of	ADP
fbem-31122	178	31	these	these	DET
fbem-31122	178	32	factors	factor	NOUN
fbem-31122	178	33	.	.	PUNCT
fbem-31122	179	1	consequently	consequently	ADV
fbem-31122	179	2	,	,	PUNCT
fbem-31122	179	3	the	the	DET
fbem-31122	179	4	analysis	analysis	NOUN
fbem-31122	179	5	of	of	ADP
fbem-31122	179	6	the	the	DET
fbem-31122	179	7	econometric	econometric	ADJ
fbem-31122	179	8	model	model	NOUN
fbem-31122	179	9	's	's	PART
fbem-31122	179	10	heterogeneity	heterogeneity	NOUN
fbem-31122	179	11	shows	show	VERB
fbem-31122	179	12	below	below	ADP
fbem-31122	179	13	:	:	PUNCT
fbem-31122	180	1	levi	levi	PROPN
fbem-31122	180	2	,	,	PUNCT
fbem-31122	180	3	t	t	PROPN
fbem-31122	180	4	=	=	SYM
fbem-31122	180	5	β0	β0	PROPN
fbem-31122	180	6	+	+	PROPN
fbem-31122	180	7	ω1fci	ω1fci	ADJ
fbem-31122	180	8	×	×	NOUN
fbem-31122	180	9	didi	didi	NOUN
fbem-31122	180	10	,	,	PUNCT
fbem-31122	180	11	t	t	PROPN
fbem-31122	180	12	+	+	CCONJ
fbem-31122	180	13	β2datet	β2datet	X
fbem-31122	180	14	+	+	CCONJ
fbem-31122	180	15	β3treati	β3treati	NOUN
fbem-31122	180	16	+	+	CCONJ
fbem-31122	180	17	β4controli	β4controli	NUM
fbem-31122	180	18	,	,	PUNCT
fbem-31122	180	19	t−1	t−1	PROPN
fbem-31122	180	20	+	+	CCONJ
fbem-31122	180	21	yeart	yeart	NOUN
fbem-31122	180	22	+	+	CCONJ
fbem-31122	180	23	firmi	firmi	NOUN
fbem-31122	180	24	+	+	CCONJ
fbem-31122	180	25	εi	εi	ADJ
fbem-31122	180	26	,	,	PUNCT
fbem-31122	180	27	t	t	PROPN
fbem-31122	180	28	(	(	PUNCT
fbem-31122	180	29	2	2	NUM
fbem-31122	180	30	)	)	PUNCT
fbem-31122	180	31	levi	levi	PROPN
fbem-31122	180	32	,	,	PUNCT
fbem-31122	180	33	t	t	PROPN
fbem-31122	180	34	=	=	SYM
fbem-31122	180	35	β0	β0	PROPN
fbem-31122	180	36	+	+	CCONJ
fbem-31122	180	37	ω2scali	ω2scali	NUM
fbem-31122	180	38	×	×	NOUN
fbem-31122	180	39	didi	didi	NOUN
fbem-31122	180	40	,	,	PUNCT
fbem-31122	180	41	t	t	PROPN
fbem-31122	180	42	+	+	CCONJ
fbem-31122	180	43	β2datet	β2datet	X
fbem-31122	180	44	+	+	CCONJ
fbem-31122	180	45	β3treati	β3treati	NOUN
fbem-31122	180	46	+	+	CCONJ
fbem-31122	180	47	β4controli	β4controli	NUM
fbem-31122	180	48	,	,	PUNCT
fbem-31122	180	49	t−1	t−1	PROPN
fbem-31122	180	50	+	+	CCONJ
fbem-31122	180	51	yeart	yeart	NOUN
fbem-31122	180	52	+	+	CCONJ
fbem-31122	180	53	firmi	firmi	NOUN
fbem-31122	180	54	+	+	CCONJ
fbem-31122	180	55	εi	εi	ADJ
fbem-31122	180	56	,	,	PUNCT
fbem-31122	180	57	t	t	PROPN
fbem-31122	180	58	(	(	PUNCT
fbem-31122	180	59	3	3	NUM
fbem-31122	180	60	)	)	PUNCT
fbem-31122	180	61	4.5	4.5	NUM
fbem-31122	180	62	.	.	PUNCT
fbem-31122	181	1	descriptive	descriptive	ADJ
fbem-31122	181	2	statistics	statistic	NOUN
fbem-31122	181	3	in	in	ADP
fbem-31122	181	4	order	order	NOUN
fbem-31122	181	5	to	to	PART
fbem-31122	181	6	resolve	resolve	VERB
fbem-31122	181	7	the	the	DET
fbem-31122	181	8	non	non	ADJ
fbem-31122	181	9	-	-	ADJ
fbem-31122	181	10	linear	linear	ADJ
fbem-31122	181	11	distribution	distribution	NOUN
fbem-31122	181	12	or	or	CCONJ
fbem-31122	181	13	extreme	extreme	ADJ
fbem-31122	181	14	value	value	NOUN
fbem-31122	181	15	of	of	ADP
fbem-31122	181	16	some	some	DET
fbem-31122	181	17	data	datum	NOUN
fbem-31122	181	18	and	and	CCONJ
fbem-31122	181	19	bring	bring	VERB
fbem-31122	181	20	the	the	DET
fbem-31122	181	21	data	datum	NOUN
fbem-31122	181	22	closer	close	ADV
fbem-31122	181	23	to	to	ADP
fbem-31122	181	24	the	the	DET
fbem-31122	181	25	normal	normal	ADJ
fbem-31122	181	26	distribution	distribution	NOUN
fbem-31122	181	27	or	or	CCONJ
fbem-31122	181	28	make	make	VERB
fbem-31122	181	29	them	they	PRON
fbem-31122	181	30	easier	easy	ADJ
fbem-31122	181	31	to	to	PART
fbem-31122	181	32	deal	deal	VERB
fbem-31122	181	33	with	with	ADP
fbem-31122	181	34	,	,	PUNCT
fbem-31122	181	35	logarithmic	logarithmic	ADJ
fbem-31122	181	36	data	datum	NOUN
fbem-31122	181	37	processing	processing	NOUN
fbem-31122	181	38	has	have	AUX
fbem-31122	181	39	been	be	AUX
fbem-31122	181	40	performed	perform	VERB
fbem-31122	181	41	in	in	ADP
fbem-31122	181	42	this	this	DET
fbem-31122	181	43	paper	paper	NOUN
fbem-31122	181	44	.	.	PUNCT
fbem-31122	182	1	however	however	ADV
fbem-31122	182	2	,	,	PUNCT
fbem-31122	182	3	the	the	DET
fbem-31122	182	4	roe	roe	NOUN
fbem-31122	182	5	variable	variable	NOUN
fbem-31122	182	6	is	be	AUX
fbem-31122	182	7	not	not	PART
fbem-31122	182	8	logarithmically	logarithmically	ADV
fbem-31122	182	9	computed	compute	VERB
fbem-31122	182	10	because	because	SCONJ
fbem-31122	182	11	some	some	PRON
fbem-31122	182	12	are	be	AUX
fbem-31122	182	13	negative	negative	ADJ
fbem-31122	182	14	values	value	NOUN
fbem-31122	182	15	.	.	PUNCT
fbem-31122	183	1	simultaneously	simultaneously	ADV
fbem-31122	183	2	,	,	PUNCT
fbem-31122	183	3	linear	linear	ADJ
fbem-31122	183	4	interpolation	interpolation	NOUN
fbem-31122	183	5	and	and	CCONJ
fbem-31122	183	6	exponential	exponential	NOUN
fbem-31122	183	7	smoothing	smoothing	NOUN
fbem-31122	183	8	were	be	AUX
fbem-31122	183	9	used	use	VERB
fbem-31122	183	10	to	to	PART
fbem-31122	183	11	augment	augment	VERB
fbem-31122	183	12	the	the	DET
fbem-31122	183	13	missing	miss	VERB
fbem-31122	183	14	data	datum	NOUN
fbem-31122	183	15	for	for	ADP
fbem-31122	183	16	some	some	DET
fbem-31122	183	17	years	year	NOUN
fbem-31122	183	18	.	.	PUNCT
fbem-31122	184	1	the	the	DET
fbem-31122	184	2	following	follow	VERB
fbem-31122	184	3	table	table	NOUN
fbem-31122	184	4	(	(	PUNCT
fbem-31122	184	5	table	table	NOUN
fbem-31122	184	6	3	3	NUM
fbem-31122	184	7	)	)	PUNCT
fbem-31122	184	8	contains	contain	VERB
fbem-31122	184	9	the	the	DET
fbem-31122	184	10	descriptive	descriptive	ADJ
fbem-31122	184	11	statistics	statistic	NOUN
fbem-31122	184	12	and	and	CCONJ
fbem-31122	184	13	statistical	statistical	ADJ
fbem-31122	184	14	results	result	NOUN
fbem-31122	184	15	of	of	ADP
fbem-31122	184	16	the	the	DET
fbem-31122	184	17	data	datum	NOUN
fbem-31122	184	18	.	.	PUNCT
fbem-31122	185	1	table	table	NOUN
fbem-31122	185	2	3	3	NUM
fbem-31122	185	3	.	.	PUNCT
fbem-31122	185	4	descriptive	descriptive	ADJ
fbem-31122	185	5	statistics	statistic	NOUN
fbem-31122	185	6	variable	variable	NOUN
fbem-31122	185	7	n	n	PRON
fbem-31122	185	8	mean	mean	VERB
fbem-31122	185	9	std	std	PROPN
fbem-31122	185	10	.	.	PROPN
fbem-31122	186	1	dev	dev	PROPN
fbem-31122	186	2	.	.	PUNCT
fbem-31122	187	1	min	min	PROPN
fbem-31122	187	2	max	max	PROPN
fbem-31122	187	3	lev	lev	PROPN
fbem-31122	187	4	984	984	NUM
fbem-31122	187	5	-1.476	-1.476	NUM
fbem-31122	187	6	1.769	1.769	NUM
fbem-31122	187	7	-9.602	-9.602	SYM
fbem-31122	187	8	2.004	2.004	NUM
fbem-31122	187	9	size	size	NOUN
fbem-31122	187	10	984	984	NUM
fbem-31122	187	11	0.854	0.854	NUM
fbem-31122	187	12	0.392	0.392	NUM
fbem-31122	187	13	-0.865	-0.865	PUNCT
fbem-31122	187	14	1.504	1.504	NUM
fbem-31122	187	15	growth	growth	NOUN
fbem-31122	187	16	984	984	NUM
fbem-31122	187	17	-0.853	-0.853	NUM
fbem-31122	187	18	1.572	1.572	NUM
fbem-31122	187	19	-11.667	-11.667	NUM
fbem-31122	187	20	2.131	2.131	NUM
fbem-31122	187	21	ndts	ndts	NOUN
fbem-31122	187	22	984	984	NUM
fbem-31122	187	23	-2.398	-2.398	SYM
fbem-31122	187	24	1.551	1.551	NUM
fbem-31122	187	25	-10.059	-10.059	PROPN
fbem-31122	187	26	-0.326	-0.326	PUNCT
fbem-31122	187	27	roe	roe	PROPN
fbem-31122	187	28	984	984	NUM
fbem-31122	187	29	0.030	0.030	NUM
fbem-31122	187	30	0.106	0.106	NUM
fbem-31122	187	31	-0.912	-0.912	SYM
fbem-31122	187	32	0.499	0.499	NUM
fbem-31122	187	33	as	as	SCONJ
fbem-31122	187	34	shown	show	VERB
fbem-31122	187	35	in	in	ADP
fbem-31122	187	36	table	table	NOUN
fbem-31122	187	37	3	3	NUM
fbem-31122	187	38	above	above	ADV
fbem-31122	187	39	,	,	PUNCT
fbem-31122	187	40	the	the	DET
fbem-31122	187	41	mean	mean	ADJ
fbem-31122	187	42	and	and	CCONJ
fbem-31122	187	43	standard	standard	ADJ
fbem-31122	187	44	deviation	deviation	NOUN
fbem-31122	187	45	of	of	ADP
fbem-31122	187	46	the	the	DET
fbem-31122	187	47	financial	financial	ADJ
fbem-31122	187	48	leverage	leverage	NOUN
fbem-31122	187	49	of	of	ADP
fbem-31122	187	50	the	the	DET
fbem-31122	187	51	dependent	dependent	ADJ
fbem-31122	187	52	variables	variable	NOUN
fbem-31122	187	53	are	be	AUX
fbem-31122	187	54	-1.476	-1.476	ADJ
fbem-31122	187	55	and	and	CCONJ
fbem-31122	187	56	0.746	0.746	NUM
fbem-31122	187	57	,	,	PUNCT
fbem-31122	187	58	respectively	respectively	ADV
fbem-31122	187	59	,	,	PUNCT
fbem-31122	187	60	while	while	SCONJ
fbem-31122	187	61	the	the	DET
fbem-31122	187	62	maximum	maximum	ADJ
fbem-31122	187	63	and	and	CCONJ
fbem-31122	187	64	minimum	minimum	NOUN
fbem-31122	187	65	are	be	AUX
fbem-31122	187	66	-9.602	-9.602	NUM
fbem-31122	187	67	and	and	CCONJ
fbem-31122	187	68	2.004	2.004	NUM
fbem-31122	187	69	.	.	PUNCT
fbem-31122	188	1	this	this	PRON
fbem-31122	188	2	demonstrates	demonstrate	VERB
fbem-31122	188	3	that	that	SCONJ
fbem-31122	188	4	the	the	DET
fbem-31122	188	5	debt	debt	NOUN
fbem-31122	188	6	levels	level	NOUN
fbem-31122	188	7	of	of	ADP
fbem-31122	188	8	different	different	ADJ
fbem-31122	188	9	businesses	business	NOUN
fbem-31122	188	10	vary	vary	VERB
fbem-31122	188	11	significantly	significantly	ADV
fbem-31122	188	12	when	when	SCONJ
fbem-31122	188	13	the	the	DET
fbem-31122	188	14	sample	sample	NOUN
fbem-31122	188	15	's	's	PART
fbem-31122	188	16	overall	overall	ADJ
fbem-31122	188	17	financial	financial	ADJ
fbem-31122	188	18	leverage	leverage	NOUN
fbem-31122	188	19	meets	meet	VERB
fbem-31122	188	20	expectations	expectation	NOUN
fbem-31122	188	21	.	.	PUNCT
fbem-31122	189	1	the	the	DET
fbem-31122	189	2	averages	average	NOUN
fbem-31122	189	3	for	for	ADP
fbem-31122	189	4	the	the	DET
fbem-31122	189	5	control	control	NOUN
fbem-31122	189	6	variables	variable	NOUN
fbem-31122	189	7	size	size	NOUN
fbem-31122	189	8	,	,	PUNCT
fbem-31122	189	9	growth	growth	NOUN
fbem-31122	189	10	,	,	PUNCT
fbem-31122	189	11	non	non	ADJ
fbem-31122	189	12	-	-	ADJ
fbem-31122	189	13	debt	debt	ADJ
fbem-31122	189	14	tax	tax	NOUN
fbem-31122	189	15	shield	shield	NOUN
fbem-31122	189	16	(	(	PUNCT
fbem-31122	189	17	ndts	ndts	NOUN
fbem-31122	189	18	)	)	PUNCT
fbem-31122	189	19	,	,	PUNCT
fbem-31122	189	20	and	and	CCONJ
fbem-31122	189	21	profitability	profitability	NOUN
fbem-31122	189	22	were	be	AUX
fbem-31122	189	23	0.854	0.854	NUM
fbem-31122	189	24	,	,	PUNCT
fbem-31122	189	25	-0.853	-0.853	NOUN
fbem-31122	189	26	,	,	PUNCT
fbem-31122	189	27	-2.398	-2.398	PRON
fbem-31122	189	28	,	,	PUNCT
fbem-31122	189	29	and	and	CCONJ
fbem-31122	189	30	0.030	0.030	NUM
fbem-31122	189	31	,	,	PUNCT
fbem-31122	189	32	respectively	respectively	ADV
fbem-31122	189	33	.	.	PUNCT
fbem-31122	190	1	by	by	ADP
fbem-31122	190	2	comparing	compare	VERB
fbem-31122	190	3	and	and	CCONJ
fbem-31122	190	4	analysing	analyse	VERB
fbem-31122	190	5	the	the	DET
fbem-31122	190	6	maximum	maximum	ADJ
fbem-31122	190	7	,	,	PUNCT
fbem-31122	190	8	minimum	minimum	ADJ
fbem-31122	190	9	,	,	PUNCT
fbem-31122	190	10	standard	standard	ADJ
fbem-31122	190	11	deviation	deviation	NOUN
fbem-31122	190	12	,	,	PUNCT
fbem-31122	190	13	and	and	CCONJ
fbem-31122	190	14	median	median	NOUN
fbem-31122	190	15	of	of	ADP
fbem-31122	190	16	each	each	DET
fbem-31122	190	17	control	control	NOUN
fbem-31122	190	18	variable	variable	NOUN
fbem-31122	190	19	,	,	PUNCT
fbem-31122	190	20	it	it	PRON
fbem-31122	190	21	is	be	AUX
fbem-31122	190	22	possible	possible	ADJ
fbem-31122	190	23	to	to	PART
fbem-31122	190	24	determine	determine	VERB
fbem-31122	190	25	that	that	SCONJ
fbem-31122	190	26	there	there	PRON
fbem-31122	190	27	are	be	VERB
fbem-31122	190	28	substantial	substantial	ADJ
fbem-31122	190	29	differences	difference	NOUN
fbem-31122	190	30	in	in	ADP
fbem-31122	190	31	the	the	DET
fbem-31122	190	32	size	size	NOUN
fbem-31122	190	33	,	,	PUNCT
fbem-31122	190	34	growth	growth	NOUN
fbem-31122	190	35	potential	potential	NOUN
fbem-31122	190	36	,	,	PUNCT
fbem-31122	190	37	and	and	CCONJ
fbem-31122	190	38	profitability	profitability	NOUN
fbem-31122	190	39	of	of	ADP
fbem-31122	190	40	the	the	DET
fbem-31122	190	41	sampled	sample	VERB
fbem-31122	190	42	businesses	business	NOUN
fbem-31122	190	43	.	.	PUNCT
fbem-31122	191	1	table	table	NOUN
fbem-31122	191	2	4	4	NUM
fbem-31122	191	3	below	below	ADV
fbem-31122	191	4	depicts	depict	VERB
fbem-31122	191	5	the	the	DET
fbem-31122	191	6	changes	change	NOUN
fbem-31122	191	7	in	in	ADP
fbem-31122	191	8	the	the	DET
fbem-31122	191	9	average	average	ADJ
fbem-31122	191	10	financial	financial	ADJ
fbem-31122	191	11	leverage	leverage	NOUN
fbem-31122	191	12	of	of	ADP
fbem-31122	191	13	firms	firm	NOUN
fbem-31122	191	14	producing	produce	VERB
fbem-31122	191	15	capital	capital	NOUN
fbem-31122	191	16	goods	good	NOUN
fbem-31122	191	17	,	,	PUNCT
fbem-31122	191	18	and	and	CCONJ
fbem-31122	191	19	other	other	ADJ
fbem-31122	191	20	products	product	NOUN
fbem-31122	191	21	before	before	ADP
fbem-31122	191	22	and	and	CCONJ
fbem-31122	191	23	after	after	SCONJ
fbem-31122	191	24	the	the	DET
fbem-31122	191	25	policy	policy	NOUN
fbem-31122	191	26	was	be	AUX
fbem-31122	191	27	enacted	enact	VERB
fbem-31122	191	28	.	.	PUNCT
fbem-31122	192	1	the	the	DET
fbem-31122	192	2	results	result	NOUN
fbem-31122	192	3	of	of	ADP
fbem-31122	192	4	the	the	DET
fbem-31122	192	5	observation	observation	NOUN
fbem-31122	192	6	table	table	NOUN
fbem-31122	192	7	(	(	PUNCT
fbem-31122	192	8	table	table	NOUN
fbem-31122	192	9	4	4	NUM
fbem-31122	192	10	)	)	PUNCT
fbem-31122	192	11	indicate	indicate	VERB
fbem-31122	192	12	that	that	SCONJ
fbem-31122	192	13	the	the	DET
fbem-31122	192	14	average	average	ADJ
fbem-31122	192	15	financial	financial	ADJ
fbem-31122	192	16	leverage	leverage	NOUN
fbem-31122	192	17	of	of	ADP
fbem-31122	192	18	capital	capital	NOUN
fbem-31122	192	19	goods	good	NOUN
fbem-31122	192	20	enterprises	enterprise	NOUN
fbem-31122	192	21	is	be	AUX
fbem-31122	192	22	0.466	0.466	NUM
fbem-31122	192	23	,	,	PUNCT
fbem-31122	192	24	which	which	PRON
fbem-31122	192	25	is	be	AUX
fbem-31122	192	26	0.225	0.225	NUM
fbem-31122	192	27	less	less	ADJ
fbem-31122	192	28	than	than	ADP
fbem-31122	192	29	that	that	PRON
fbem-31122	192	30	of	of	ADP
fbem-31122	192	31	other	other	ADJ
fbem-31122	192	32	product	product	NOUN
fbem-31122	192	33	enterprises	enterprise	NOUN
fbem-31122	192	34	over	over	ADP
fbem-31122	192	35	the	the	DET
fbem-31122	192	36	entire	entire	ADJ
fbem-31122	192	37	sample	sample	NOUN
fbem-31122	192	38	period	period	NOUN
fbem-31122	192	39	.	.	PUNCT
fbem-31122	193	1	before	before	SCONJ
fbem-31122	193	2	the	the	DET
fbem-31122	193	3	policy	policy	NOUN
fbem-31122	193	4	was	be	AUX
fbem-31122	193	5	implemented	implement	VERB
fbem-31122	193	6	,	,	PUNCT
fbem-31122	193	7	the	the	DET
fbem-31122	193	8	average	average	ADJ
fbem-31122	193	9	leverage	leverage	NOUN
fbem-31122	193	10	of	of	ADP
fbem-31122	193	11	capital	capital	NOUN
fbem-31122	193	12	goods	good	NOUN
fbem-31122	193	13	companies	company	NOUN
fbem-31122	193	14	was	be	AUX
fbem-31122	193	15	0.409,0.149	0.409,0.149	NUM
fbem-31122	193	16	lower	low	ADJ
fbem-31122	193	17	than	than	ADP
fbem-31122	193	18	that	that	PRON
fbem-31122	193	19	of	of	ADP
fbem-31122	193	20	other	other	ADJ
fbem-31122	193	21	product	product	NOUN
fbem-31122	193	22	companies	company	NOUN
fbem-31122	193	23	.	.	PUNCT
fbem-31122	194	1	after	after	ADP
fbem-31122	194	2	the	the	DET
fbem-31122	194	3	implementation	implementation	NOUN
fbem-31122	194	4	of	of	ADP
fbem-31122	194	5	the	the	DET
fbem-31122	194	6	policy	policy	NOUN
fbem-31122	194	7	,	,	PUNCT
fbem-31122	194	8	the	the	DET
fbem-31122	194	9	disparity	disparity	NOUN
fbem-31122	194	10	between	between	ADP
fbem-31122	194	11	the	the	DET
fbem-31122	194	12	financial	financial	ADJ
fbem-31122	194	13	leverage	leverage	NOUN
fbem-31122	194	14	of	of	ADP
fbem-31122	194	15	enterprises	enterprise	NOUN
fbem-31122	194	16	producing	produce	VERB
fbem-31122	194	17	capital	capital	NOUN
fbem-31122	194	18	goods	good	NOUN
fbem-31122	194	19	and	and	CCONJ
fbem-31122	194	20	those	those	PRON
fbem-31122	194	21	producing	produce	VERB
fbem-31122	194	22	other	other	ADJ
fbem-31122	194	23	products	product	NOUN
fbem-31122	194	24	shows	show	VERB
fbem-31122	194	25	an	an	DET
fbem-31122	194	26	increasing	increase	VERB
fbem-31122	194	27	trend	trend	NOUN
fbem-31122	194	28	,	,	PUNCT
fbem-31122	194	29	with	with	ADP
fbem-31122	194	30	the	the	DET
fbem-31122	194	31	average	average	ADJ
fbem-31122	194	32	financial	financial	ADJ
fbem-31122	194	33	leverage	leverage	NOUN
fbem-31122	194	34	of	of	ADP
fbem-31122	194	35	enterprises	enterprise	NOUN
fbem-31122	194	36	producing	produce	VERB
fbem-31122	194	37	capital	capital	NOUN
fbem-31122	194	38	goods	good	NOUN
fbem-31122	194	39	increasing	increase	VERB
fbem-31122	194	40	to	to	ADP
fbem-31122	194	41	0.523	0.523	NUM
fbem-31122	194	42	and	and	CCONJ
fbem-31122	194	43	the	the	DET
fbem-31122	194	44	average	average	ADJ
fbem-31122	194	45	leverage	leverage	NOUN
fbem-31122	194	46	ratio	ratio	NOUN
fbem-31122	194	47	of	of	ADP
fbem-31122	194	48	companies	company	NOUN
fbem-31122	194	49	producing	produce	VERB
fbem-31122	194	50	other	other	ADJ
fbem-31122	194	51	products	product	NOUN
fbem-31122	194	52	increasing	increase	VERB
fbem-31122	194	53	to	to	ADP
fbem-31122	194	54	-0.301	-0.301	PRON
fbem-31122	194	55	.	.	PUNCT
fbem-31122	194	56	table	table	NOUN
fbem-31122	194	57	4	4	NUM
fbem-31122	194	58	.	.	PUNCT
fbem-31122	194	59	before	before	ADP
fbem-31122	194	60	and	and	CCONJ
fbem-31122	194	61	after	after	ADP
fbem-31122	194	62	the	the	DET
fbem-31122	194	63	enactment	enactment	NOUN
fbem-31122	194	64	of	of	ADP
fbem-31122	194	65	the	the	DET
fbem-31122	194	66	policy	policy	NOUN
fbem-31122	194	67	changes	change	NOUN
fbem-31122	194	68	in	in	ADP
fbem-31122	194	69	average	average	ADJ
fbem-31122	194	70	corporate	corporate	ADJ
fbem-31122	194	71	financial	financial	ADJ
fbem-31122	194	72	leverage	leverage	NOUN
fbem-31122	194	73	mean	mean	NOUN
fbem-31122	194	74	(	(	PUNCT
fbem-31122	194	75	capital	capital	NOUN
fbem-31122	194	76	goods	good	NOUN
fbem-31122	194	77	)	)	PUNCT
fbem-31122	194	78	mean	mean	NOUN
fbem-31122	194	79	(	(	PUNCT
fbem-31122	194	80	other	other	ADJ
fbem-31122	194	81	products	product	NOUN
fbem-31122	194	82	)	)	PUNCT
fbem-31122	194	83	meandiff	meandiff	NOUN
fbem-31122	194	84	total	total	ADJ
fbem-31122	194	85	sample	sample	NOUN
fbem-31122	194	86	period	period	NOUN
fbem-31122	194	87	0.466	0.466	NUM
fbem-31122	194	88	0.691	0.691	NUM
fbem-31122	194	89	-0.225	-0.225	PUNCT
fbem-31122	195	1	*	*	PUNCT
fbem-31122	196	1	*	*	PUNCT
fbem-31122	196	2	*	*	PUNCT
fbem-31122	196	3	before	before	ADP
fbem-31122	196	4	policy	policy	NOUN
fbem-31122	196	5	0.409	0.409	NUM
fbem-31122	196	6	0.558	0.558	NUM
fbem-31122	196	7	-0.149	-0.149	NOUN
fbem-31122	196	8	*	*	PUNCT
fbem-31122	196	9	*	*	PUNCT
fbem-31122	196	10	*	*	PUNCT
fbem-31122	196	11	after	after	ADP
fbem-31122	196	12	policy	policy	NOUN
fbem-31122	196	13	0.523	0.523	NUM
fbem-31122	196	14	0.824	0.824	NUM
fbem-31122	196	15	-0.301	-0.301	PUNCT
fbem-31122	197	1	*	*	PUNCT
fbem-31122	197	2	*	*	PUNCT
fbem-31122	197	3	*	*	PUNCT
fbem-31122	197	4	note	note	NOUN
fbem-31122	197	5	:	:	PUNCT
fbem-31122	197	6	meandiff	meandiff	NOUN
fbem-31122	197	7	is	be	AUX
fbem-31122	197	8	the	the	DET
fbem-31122	197	9	difference	difference	NOUN
fbem-31122	197	10	between	between	ADP
fbem-31122	197	11	the	the	DET
fbem-31122	197	12	mean	mean	NOUN
fbem-31122	197	13	.	.	PUNCT
fbem-31122	198	1	4.6	4.6	NUM
fbem-31122	198	2	.	.	PUNCT
fbem-31122	199	1	parallel	parallel	ADJ
fbem-31122	199	2	trend	trend	NOUN
fbem-31122	199	3	test	test	NOUN
fbem-31122	199	4	to	to	PART
fbem-31122	199	5	verify	verify	VERB
fbem-31122	199	6	the	the	DET
fbem-31122	199	7	applicability	applicability	NOUN
fbem-31122	199	8	of	of	ADP
fbem-31122	199	9	the	the	DET
fbem-31122	199	10	did	did	ADJ
fbem-31122	199	11	method	method	NOUN
fbem-31122	200	1	,	,	PUNCT
fbem-31122	200	2	it	it	PRON
fbem-31122	200	3	is	be	AUX
fbem-31122	200	4	necessary	necessary	ADJ
fbem-31122	200	5	to	to	PART
fbem-31122	200	6	determine	determine	VERB
fbem-31122	200	7	if	if	SCONJ
fbem-31122	200	8	the	the	DET
fbem-31122	200	9	treated	treat	VERB
fbem-31122	200	10	and	and	CCONJ
fbem-31122	200	11	control	control	NOUN
fbem-31122	200	12	samples	sample	NOUN
fbem-31122	200	13	support	support	VERB
fbem-31122	200	14	the	the	DET
fbem-31122	200	15	parallel	parallel	ADJ
fbem-31122	200	16	trend	trend	NOUN
fbem-31122	200	17	hypothesis	hypothesis	NOUN
fbem-31122	200	18	.	.	PUNCT
fbem-31122	201	1	examining	examine	VERB
fbem-31122	201	2	the	the	DET
fbem-31122	201	3	central	central	ADJ
fbem-31122	201	4	premise	premise	NOUN
fbem-31122	201	5	of	of	ADP
fbem-31122	201	6	parallel	parallel	ADJ
fbem-31122	201	7	trend	trend	NOUN
fbem-31122	201	8	testing	testing	NOUN
fbem-31122	201	9	,	,	PUNCT
fbem-31122	201	10	which	which	PRON
fbem-31122	201	11	is	be	AUX
fbem-31122	201	12	that	that	SCONJ
fbem-31122	201	13	the	the	DET
fbem-31122	201	14	altering	alter	VERB
fbem-31122	201	15	trend	trend	NOUN
fbem-31122	201	16	of	of	ADP
fbem-31122	201	17	the	the	DET
fbem-31122	201	18	experimental	experimental	ADJ
fbem-31122	201	19	group	group	NOUN
fbem-31122	201	20	and	and	CCONJ
fbem-31122	201	21	the	the	DET
fbem-31122	201	22	control	control	NOUN
fbem-31122	201	23	group	group	NOUN
fbem-31122	201	24	should	should	AUX
fbem-31122	201	25	be	be	AUX
fbem-31122	201	26	consistent	consistent	ADJ
fbem-31122	201	27	prior	prior	ADV
fbem-31122	201	28	to	to	ADP
fbem-31122	201	29	the	the	DET
fbem-31122	201	30	implementation	implementation	NOUN
fbem-31122	201	31	of	of	ADP
fbem-31122	201	32	the	the	DET
fbem-31122	201	33	policy	policy	NOUN
fbem-31122	201	34	,	,	PUNCT
fbem-31122	201	35	this	this	DET
fbem-31122	201	36	paper	paper	NOUN
fbem-31122	201	37	employs	employ	VERB
fbem-31122	201	38	the	the	DET
fbem-31122	201	39	event	event	NOUN
fbem-31122	201	40	study	study	NOUN
fbem-31122	201	41	method	method	NOUN
fbem-31122	201	42	.	.	PUNCT
fbem-31122	202	1	prior	prior	ADV
fbem-31122	202	2	to	to	ADP
fbem-31122	202	3	the	the	DET
fbem-31122	202	4	implementation	implementation	NOUN
fbem-31122	202	5	of	of	ADP
fbem-31122	202	6	the	the	DET
fbem-31122	202	7	green	green	ADJ
fbem-31122	202	8	finance	finance	NOUN
fbem-31122	202	9	policy	policy	NOUN
fbem-31122	202	10	,	,	PUNCT
fbem-31122	202	11	the	the	DET
fbem-31122	202	12	capital	capital	NOUN
fbem-31122	202	13	structure	structure	NOUN
fbem-31122	202	14	time	time	NOUN
fbem-31122	202	15	trend	trend	NOUN
fbem-31122	202	16	for	for	ADP
fbem-31122	202	17	the	the	DET
fbem-31122	202	18	treated	treat	VERB
fbem-31122	202	19	group	group	NOUN
fbem-31122	202	20	and	and	CCONJ
fbem-31122	202	21	the	the	DET
fbem-31122	202	22	control	control	NOUN
fbem-31122	202	23	group	group	NOUN
fbem-31122	202	24	are	be	AUX
fbem-31122	202	25	depicted	depict	VERB
fbem-31122	202	26	in	in	ADP
fbem-31122	202	27	figure	figure	NOUN
fbem-31122	202	28	2	2	NUM
fbem-31122	202	29	below	below	ADV
fbem-31122	202	30	.	.	PUNCT
fbem-31122	203	1	according	accord	VERB
fbem-31122	203	2	to	to	ADP
fbem-31122	203	3	the	the	DET
fbem-31122	203	4	above	above	ADJ
fbem-31122	203	5	graph	graph	NOUN
fbem-31122	203	6	,	,	PUNCT
fbem-31122	203	7	the	the	DET
fbem-31122	203	8	regression	regression	NOUN
fbem-31122	203	9	coefficients	coefficient	NOUN
fbem-31122	203	10	were	be	AUX
fbem-31122	203	11	not	not	PART
fbem-31122	203	12	significant	significant	ADJ
fbem-31122	203	13	prior	prior	ADV
fbem-31122	203	14	to	to	ADP
fbem-31122	203	15	the	the	DET
fbem-31122	203	16	implementation	implementation	NOUN
fbem-31122	203	17	of	of	ADP
fbem-31122	203	18	the	the	DET
fbem-31122	203	19	policy	policy	NOUN
fbem-31122	203	20	,	,	PUNCT
fbem-31122	203	21	indicating	indicate	VERB
fbem-31122	203	22	that	that	SCONJ
fbem-31122	203	23	there	there	PRON
fbem-31122	203	24	was	be	VERB
fbem-31122	203	25	no	no	DET
fbem-31122	203	26	significant	significant	ADJ
fbem-31122	203	27	difference	difference	NOUN
fbem-31122	203	28	between	between	ADP
fbem-31122	203	29	the	the	DET
fbem-31122	203	30	treated	treat	VERB
fbem-31122	203	31	group	group	NOUN
fbem-31122	203	32	and	and	CCONJ
fbem-31122	203	33	the	the	DET
fbem-31122	203	34	control	control	NOUN
fbem-31122	203	35	group	group	NOUN
fbem-31122	203	36	for	for	ADP
fbem-31122	203	37	the	the	DET
fbem-31122	203	38	dependent	dependent	ADJ
fbem-31122	203	39	variables	variable	NOUN
fbem-31122	203	40	prior	prior	ADV
fbem-31122	203	41	to	to	ADP
fbem-31122	203	42	the	the	DET
fbem-31122	203	43	implementation	implementation	NOUN
fbem-31122	203	44	of	of	ADP
fbem-31122	203	45	the	the	DET
fbem-31122	203	46	policy	policy	NOUN
fbem-31122	203	47	.	.	PUNCT
fbem-31122	204	1	the	the	DET
fbem-31122	204	2	effect	effect	NOUN
fbem-31122	204	3	of	of	ADP
fbem-31122	204	4	the	the	DET
fbem-31122	204	5	policy	policy	NOUN
fbem-31122	204	6	on	on	ADP
fbem-31122	204	7	the	the	DET
fbem-31122	204	8	dependent	dependent	ADJ
fbem-31122	204	9	variable	variable	NOUN
fbem-31122	204	10	becomes	become	VERB
fbem-31122	204	11	significant	significant	ADJ
fbem-31122	204	12	in	in	ADP
fbem-31122	204	13	the	the	DET
fbem-31122	204	14	first	first	ADJ
fbem-31122	204	15	year	year	NOUN
fbem-31122	204	16	of	of	ADP
fbem-31122	204	17	implementation	implementation	NOUN
fbem-31122	204	18	as	as	ADP
fbem-31122	204	19	policy	policy	NOUN
fbem-31122	204	20	implementation	implementation	NOUN
fbem-31122	204	21	advances	advance	NOUN
fbem-31122	204	22	.	.	PUNCT
fbem-31122	205	1	thus	thus	ADV
fbem-31122	205	2	,	,	PUNCT
fbem-31122	205	3	confirming	confirm	VERB
fbem-31122	205	4	the	the	DET
fbem-31122	205	5	parallel	parallel	ADJ
fbem-31122	205	6	trends	trend	NOUN
fbem-31122	205	7	hypothesis	hypothesis	NOUN
fbem-31122	205	8	.	.	PUNCT
fbem-31122	206	1	148	148	NUM
fbem-31122	206	2	figure	figure	NOUN
fbem-31122	206	3	1	1	NUM
fbem-31122	206	4	.	.	PUNCT
fbem-31122	207	1	the	the	DET
fbem-31122	207	2	changing	change	VERB
fbem-31122	207	3	trend	trend	NOUN
fbem-31122	207	4	of	of	ADP
fbem-31122	207	5	capital	capital	NOUN
fbem-31122	207	6	structure	structure	NOUN
fbem-31122	207	7	5	5	NUM
fbem-31122	207	8	.	.	PUNCT
fbem-31122	207	9	empirical	empirical	ADJ
fbem-31122	207	10	analysis	analysis	NOUN
fbem-31122	207	11	5.1	5.1	NUM
fbem-31122	207	12	.	.	PUNCT
fbem-31122	208	1	panel	panel	NOUN
fbem-31122	208	2	data	datum	NOUN
fbem-31122	208	3	regression	regression	NOUN
fbem-31122	208	4	analysis	analysis	NOUN
fbem-31122	208	5	the	the	DET
fbem-31122	208	6	panel	panel	NOUN
fbem-31122	208	7	data	datum	NOUN
fbem-31122	208	8	were	be	AUX
fbem-31122	208	9	regressed	regress	VERB
fbem-31122	208	10	once	once	SCONJ
fbem-31122	208	11	the	the	DET
fbem-31122	208	12	treated	treat	VERB
fbem-31122	208	13	and	and	CCONJ
fbem-31122	208	14	control	control	NOUN
fbem-31122	208	15	groups	group	NOUN
fbem-31122	208	16	satisfied	satisfy	VERB
fbem-31122	208	17	the	the	DET
fbem-31122	208	18	parallel	parallel	ADJ
fbem-31122	208	19	trend	trend	NOUN
fbem-31122	208	20	hypothesis	hypothesis	NOUN
fbem-31122	208	21	.	.	PUNCT
fbem-31122	209	1	the	the	DET
fbem-31122	209	2	outcomes	outcome	NOUN
fbem-31122	209	3	of	of	ADP
fbem-31122	209	4	the	the	DET
fbem-31122	209	5	underlying	underlie	VERB
fbem-31122	209	6	regression	regression	NOUN
fbem-31122	209	7	are	be	AUX
fbem-31122	209	8	displayed	display	VERB
fbem-31122	209	9	in	in	ADP
fbem-31122	209	10	table	table	NOUN
fbem-31122	209	11	5	5	NUM
fbem-31122	209	12	below	below	ADV
fbem-31122	209	13	.	.	PUNCT
fbem-31122	210	1	among	among	ADP
fbem-31122	210	2	them	they	PRON
fbem-31122	210	3	,	,	PUNCT
fbem-31122	210	4	column	column	NOUN
fbem-31122	210	5	(	(	PUNCT
fbem-31122	210	6	1	1	X
fbem-31122	210	7	)	)	PUNCT
fbem-31122	210	8	added	add	VERB
fbem-31122	210	9	only	only	ADV
fbem-31122	210	10	the	the	DET
fbem-31122	210	11	time	time	NOUN
fbem-31122	210	12	fixed	fix	VERB
fbem-31122	210	13	effect	effect	NOUN
fbem-31122	210	14	,	,	PUNCT
fbem-31122	210	15	column	column	NOUN
fbem-31122	210	16	(	(	PUNCT
fbem-31122	210	17	2	2	X
fbem-31122	210	18	)	)	PUNCT
fbem-31122	210	19	added	add	VERB
fbem-31122	210	20	only	only	ADV
fbem-31122	210	21	the	the	DET
fbem-31122	210	22	individual	individual	ADJ
fbem-31122	210	23	fixed	fix	VERB
fbem-31122	210	24	effect	effect	NOUN
fbem-31122	210	25	,	,	PUNCT
fbem-31122	210	26	and	and	CCONJ
fbem-31122	210	27	column	column	NOUN
fbem-31122	210	28	(	(	PUNCT
fbem-31122	210	29	3	3	NUM
fbem-31122	210	30	)	)	PUNCT
fbem-31122	210	31	for	for	ADP
fbem-31122	210	32	the	the	DET
fbem-31122	210	33	time	time	NOUN
fbem-31122	210	34	individual	individual	ADJ
fbem-31122	210	35	double	double	ADJ
fbem-31122	210	36	fixed	fix	VERB
fbem-31122	210	37	effect	effect	NOUN
fbem-31122	210	38	.	.	PUNCT
fbem-31122	211	1	as	as	SCONJ
fbem-31122	211	2	shown	show	VERB
fbem-31122	211	3	in	in	ADP
fbem-31122	211	4	table	table	NOUN
fbem-31122	211	5	5	5	NUM
fbem-31122	211	6	above	above	ADV
fbem-31122	211	7	,	,	PUNCT
fbem-31122	211	8	the	the	DET
fbem-31122	211	9	treated	treat	VERB
fbem-31122	211	10	group	group	NOUN
fbem-31122	211	11	's	's	PART
fbem-31122	211	12	financial	financial	ADJ
fbem-31122	211	13	leverage	leverage	NOUN
fbem-31122	211	14	ratio	ratio	NOUN
fbem-31122	211	15	decreased	decrease	VERB
fbem-31122	211	16	substantially	substantially	ADV
fbem-31122	211	17	under	under	ADP
fbem-31122	211	18	the	the	DET
fbem-31122	211	19	green	green	ADJ
fbem-31122	211	20	finance	finance	NOUN
fbem-31122	211	21	policy	policy	NOUN
fbem-31122	211	22	,	,	PUNCT
fbem-31122	211	23	with	with	ADP
fbem-31122	211	24	coefficients	coefficient	NOUN
fbem-31122	211	25	of	of	ADP
fbem-31122	211	26	-0.182	-0.182	NOUN
fbem-31122	211	27	,	,	PUNCT
fbem-31122	211	28	-0.187	-0.187	PROPN
fbem-31122	211	29	,	,	PUNCT
fbem-31122	211	30	and	and	CCONJ
fbem-31122	211	31	-0.187	-0.187	NUM
fbem-31122	211	32	,	,	PUNCT
fbem-31122	211	33	respectively	respectively	ADV
fbem-31122	211	34	,	,	PUNCT
fbem-31122	211	35	and	and	CCONJ
fbem-31122	211	36	all	all	DET
fbem-31122	211	37	three	three	NUM
fbem-31122	211	38	groups	group	NOUN
fbem-31122	211	39	were	be	AUX
fbem-31122	211	40	significant	significant	ADJ
fbem-31122	211	41	at	at	ADP
fbem-31122	211	42	the	the	DET
fbem-31122	211	43	1	1	NUM
fbem-31122	211	44	%	%	NOUN
fbem-31122	211	45	level	level	NOUN
fbem-31122	211	46	of	of	ADP
fbem-31122	211	47	confidence	confidence	NOUN
fbem-31122	211	48	.	.	PUNCT
fbem-31122	212	1	as	as	ADP
fbem-31122	212	2	an	an	DET
fbem-31122	212	3	illustration	illustration	NOUN
fbem-31122	212	4	,	,	PUNCT
fbem-31122	212	5	the	the	DET
fbem-31122	212	6	control	control	NOUN
fbem-31122	212	7	variables	variable	NOUN
fbem-31122	212	8	were	be	AUX
fbem-31122	212	9	observed	observe	VERB
fbem-31122	212	10	in	in	ADP
fbem-31122	212	11	the	the	DET
fbem-31122	212	12	third	third	ADJ
fbem-31122	212	13	column	column	NOUN
fbem-31122	212	14	of	of	ADP
fbem-31122	212	15	table	table	NOUN
fbem-31122	212	16	5	5	NUM
fbem-31122	212	17	(	(	PUNCT
fbem-31122	212	18	adding	add	VERB
fbem-31122	212	19	time	time	NOUN
fbem-31122	212	20	effects	effect	NOUN
fbem-31122	212	21	and	and	CCONJ
fbem-31122	212	22	individual	individual	ADJ
fbem-31122	212	23	effects	effect	NOUN
fbem-31122	212	24	)	)	PUNCT
fbem-31122	212	25	.	.	PUNCT
fbem-31122	213	1	the	the	DET
fbem-31122	213	2	coefficients	coefficient	NOUN
fbem-31122	213	3	for	for	ADP
fbem-31122	213	4	enterprise	enterprise	NOUN
fbem-31122	213	5	size	size	NOUN
fbem-31122	213	6	(	(	PUNCT
fbem-31122	213	7	lev	lev	NOUN
fbem-31122	213	8	)	)	PUNCT
fbem-31122	213	9	,	,	PUNCT
fbem-31122	213	10	growth	growth	NOUN
fbem-31122	213	11	potential	potential	NOUN
fbem-31122	213	12	(	(	PUNCT
fbem-31122	213	13	growth	growth	NOUN
fbem-31122	213	14	)	)	PUNCT
fbem-31122	213	15	,	,	PUNCT
fbem-31122	213	16	the	the	DET
fbem-31122	213	17	non	non	ADJ
fbem-31122	213	18	-	-	ADJ
fbem-31122	213	19	debt	debt	ADJ
fbem-31122	213	20	tax	tax	NOUN
fbem-31122	213	21	shield	shield	NOUN
fbem-31122	213	22	(	(	PUNCT
fbem-31122	213	23	ndts	ndts	NOUN
fbem-31122	213	24	)	)	PUNCT
fbem-31122	213	25	,	,	PUNCT
fbem-31122	213	26	and	and	CCONJ
fbem-31122	213	27	profitability	profitability	NOUN
fbem-31122	213	28	(	(	PUNCT
fbem-31122	213	29	roe	roe	NOUN
fbem-31122	213	30	)	)	PUNCT
fbem-31122	213	31	were	be	AUX
fbem-31122	213	32	-0.4	-0.4	NUM
fbem-31122	213	33	,	,	PUNCT
fbem-31122	213	34	0.159	0.159	NUM
fbem-31122	213	35	,	,	PUNCT
fbem-31122	213	36	1.049	1.049	NUM
fbem-31122	213	37	,	,	PUNCT
fbem-31122	213	38	and	and	CCONJ
fbem-31122	213	39	-0.161	-0.161	ADJ
fbem-31122	213	40	,	,	PUNCT
fbem-31122	213	41	respectively	respectively	ADV
fbem-31122	213	42	.	.	PUNCT
fbem-31122	214	1	growth	growth	NOUN
fbem-31122	214	2	and	and	CCONJ
fbem-31122	214	3	non	non	ADJ
fbem-31122	214	4	-	-	ADJ
fbem-31122	214	5	debt	debt	ADJ
fbem-31122	214	6	tax	tax	NOUN
fbem-31122	214	7	shield	shield	NOUN
fbem-31122	214	8	(	(	PUNCT
fbem-31122	214	9	ndts	ndts	PROPN
fbem-31122	214	10	)	)	PUNCT
fbem-31122	214	11	are	be	AUX
fbem-31122	214	12	both	both	ADV
fbem-31122	214	13	significant	significant	ADJ
fbem-31122	214	14	at	at	ADP
fbem-31122	214	15	1	1	NUM
fbem-31122	214	16	%	%	NOUN
fbem-31122	214	17	and	and	CCONJ
fbem-31122	214	18	have	have	VERB
fbem-31122	214	19	a	a	DET
fbem-31122	214	20	positive	positive	ADJ
fbem-31122	214	21	effect	effect	NOUN
fbem-31122	214	22	on	on	ADP
fbem-31122	214	23	corporate	corporate	ADJ
fbem-31122	214	24	leverage	leverage	NOUN
fbem-31122	214	25	,	,	PUNCT
fbem-31122	214	26	meaning	mean	VERB
fbem-31122	214	27	that	that	SCONJ
fbem-31122	214	28	the	the	PRON
fbem-31122	214	29	greater	great	ADJ
fbem-31122	214	30	the	the	DET
fbem-31122	214	31	growth	growth	NOUN
fbem-31122	214	32	opportunity	opportunity	NOUN
fbem-31122	214	33	,	,	PUNCT
fbem-31122	214	34	the	the	PRON
fbem-31122	214	35	greater	great	ADJ
fbem-31122	214	36	the	the	DET
fbem-31122	214	37	non	non	ADJ
fbem-31122	214	38	-	-	ADJ
fbem-31122	214	39	debt	debt	ADJ
fbem-31122	214	40	tax	tax	NOUN
fbem-31122	214	41	shield	shield	NOUN
fbem-31122	214	42	,	,	PUNCT
fbem-31122	214	43	the	the	DET
fbem-31122	214	44	more	more	ADV
fbem-31122	214	45	indebted	indebted	ADJ
fbem-31122	214	46	companies	company	NOUN
fbem-31122	214	47	are	be	AUX
fbem-31122	214	48	,	,	PUNCT
fbem-31122	214	49	the	the	PRON
fbem-31122	214	50	more	more	ADV
fbem-31122	214	51	willing	willing	ADJ
fbem-31122	214	52	they	they	PRON
fbem-31122	214	53	are	be	AUX
fbem-31122	214	54	to	to	PART
fbem-31122	214	55	take	take	VERB
fbem-31122	214	56	on	on	ADP
fbem-31122	214	57	debt	debt	NOUN
fbem-31122	214	58	,	,	PUNCT
fbem-31122	214	59	as	as	SCONJ
fbem-31122	214	60	companies	company	NOUN
fbem-31122	214	61	with	with	ADP
fbem-31122	214	62	greater	great	ADJ
fbem-31122	214	63	growth	growth	NOUN
fbem-31122	214	64	potential	potential	NOUN
fbem-31122	214	65	have	have	VERB
fbem-31122	214	66	easier	easy	ADJ
fbem-31122	214	67	access	access	NOUN
fbem-31122	214	68	to	to	ADP
fbem-31122	214	69	financing	financing	NOUN
fbem-31122	214	70	from	from	ADP
fbem-31122	214	71	financial	financial	ADJ
fbem-31122	214	72	institutions	institution	NOUN
fbem-31122	214	73	such	such	ADJ
fbem-31122	214	74	as	as	ADP
fbem-31122	214	75	banks	bank	NOUN
fbem-31122	214	76	.	.	PUNCT
fbem-31122	215	1	ndts	ndts	PROPN
fbem-31122	215	2	represents	represent	VERB
fbem-31122	215	3	tax	tax	NOUN
fbem-31122	215	4	deductions	deduction	NOUN
fbem-31122	215	5	other	other	ADJ
fbem-31122	215	6	than	than	ADP
fbem-31122	215	7	interest	interest	NOUN
fbem-31122	215	8	on	on	ADP
fbem-31122	215	9	debt	debt	NOUN
fbem-31122	215	10	that	that	PRON
fbem-31122	215	11	reduce	reduce	VERB
fbem-31122	215	12	the	the	DET
fbem-31122	215	13	tax	tax	NOUN
fbem-31122	215	14	liability	liability	NOUN
fbem-31122	215	15	of	of	ADP
fbem-31122	215	16	the	the	DET
fbem-31122	215	17	business	business	NOUN
fbem-31122	215	18	and	and	CCONJ
fbem-31122	215	19	,	,	PUNCT
fbem-31122	215	20	consequently	consequently	ADV
fbem-31122	215	21	,	,	PUNCT
fbem-31122	215	22	the	the	DET
fbem-31122	215	23	amount	amount	NOUN
fbem-31122	215	24	of	of	ADP
fbem-31122	215	25	tax	tax	NOUN
fbem-31122	215	26	that	that	PRON
fbem-31122	215	27	the	the	DET
fbem-31122	215	28	business	business	NOUN
fbem-31122	215	29	must	must	AUX
fbem-31122	215	30	pay	pay	VERB
fbem-31122	215	31	to	to	ADP
fbem-31122	215	32	the	the	DET
fbem-31122	215	33	government	government	NOUN
fbem-31122	215	34	.	.	PUNCT
fbem-31122	216	1	companies	company	NOUN
fbem-31122	216	2	with	with	ADP
fbem-31122	216	3	high	high	ADJ
fbem-31122	216	4	growth	growth	NOUN
fbem-31122	216	5	opportunities	opportunity	NOUN
fbem-31122	216	6	typically	typically	ADV
fbem-31122	216	7	require	require	VERB
fbem-31122	216	8	more	more	ADJ
fbem-31122	216	9	capital	capital	NOUN
fbem-31122	216	10	to	to	PART
fbem-31122	216	11	invest	invest	VERB
fbem-31122	216	12	and	and	CCONJ
fbem-31122	216	13	expand	expand	VERB
fbem-31122	216	14	in	in	ADP
fbem-31122	216	15	order	order	NOUN
fbem-31122	216	16	to	to	PART
fbem-31122	216	17	achieve	achieve	VERB
fbem-31122	216	18	their	their	PRON
fbem-31122	216	19	growth	growth	NOUN
fbem-31122	216	20	and	and	CCONJ
fbem-31122	216	21	scale	scale	NOUN
fbem-31122	216	22	goals	goal	NOUN
fbem-31122	216	23	.	.	PUNCT
fbem-31122	217	1	in	in	ADP
fbem-31122	217	2	order	order	NOUN
fbem-31122	217	3	to	to	PART
fbem-31122	217	4	meet	meet	VERB
fbem-31122	217	5	these	these	DET
fbem-31122	217	6	capital	capital	NOUN
fbem-31122	217	7	requirements	requirement	NOUN
fbem-31122	217	8	,	,	PUNCT
fbem-31122	217	9	businesses	business	NOUN
fbem-31122	217	10	may	may	AUX
fbem-31122	217	11	rely	rely	VERB
fbem-31122	217	12	on	on	ADP
fbem-31122	217	13	external	external	ADJ
fbem-31122	217	14	financing	financing	NOUN
fbem-31122	217	15	,	,	PUNCT
fbem-31122	217	16	particularly	particularly	ADV
fbem-31122	217	17	debt	debt	NOUN
fbem-31122	217	18	financing	financing	NOUN
fbem-31122	217	19	,	,	PUNCT
fbem-31122	217	20	to	to	PART
fbem-31122	217	21	acquire	acquire	VERB
fbem-31122	217	22	substantial	substantial	ADJ
fbem-31122	217	23	capital	capital	NOUN
fbem-31122	217	24	support	support	NOUN
fbem-31122	217	25	.	.	PUNCT
fbem-31122	218	1	table	table	NOUN
fbem-31122	218	2	5	5	NUM
fbem-31122	218	3	.	.	PUNCT
fbem-31122	218	4	baseline	baseline	PROPN
fbem-31122	218	5	regression	regression	PROPN
fbem-31122	218	6	results	result	VERB
fbem-31122	218	7	variable	variable	ADJ
fbem-31122	218	8	the	the	DET
fbem-31122	218	9	capital	capital	NOUN
fbem-31122	218	10	structure	structure	NOUN
fbem-31122	218	11	of	of	ADP
fbem-31122	218	12	the	the	DET
fbem-31122	218	13	enterprise	enterprise	NOUN
fbem-31122	218	14	(	(	PUNCT
fbem-31122	218	15	1	1	NUM
fbem-31122	218	16	)	)	PUNCT
fbem-31122	218	17	(	(	PUNCT
fbem-31122	218	18	2	2	NUM
fbem-31122	218	19	)	)	PUNCT
fbem-31122	218	20	(	(	PUNCT
fbem-31122	218	21	3	3	X
fbem-31122	218	22	)	)	PUNCT
fbem-31122	218	23	did	do	VERB
fbem-31122	218	24	-0.182	-0.182	NOUN
fbem-31122	218	25	*	*	PUNCT
fbem-31122	218	26	*	*	PUNCT
fbem-31122	218	27	*	*	PUNCT
fbem-31122	218	28	-0.187	-0.187	PUNCT
fbem-31122	218	29	*	*	PUNCT
fbem-31122	218	30	*	*	PUNCT
fbem-31122	218	31	*	*	PUNCT
fbem-31122	218	32	-0.187	-0.187	PUNCT
fbem-31122	218	33	*	*	PUNCT
fbem-31122	218	34	*	*	PUNCT
fbem-31122	218	35	*	*	PUNCT
fbem-31122	218	36	(	(	PUNCT
fbem-31122	218	37	-3.24	-3.24	NOUN
fbem-31122	218	38	)	)	PUNCT
fbem-31122	218	39	(	(	PUNCT
fbem-31122	218	40	-3.38	-3.38	NUM
fbem-31122	218	41	)	)	PUNCT
fbem-31122	218	42	(	(	PUNCT
fbem-31122	218	43	-3.35	-3.35	NOUN
fbem-31122	218	44	)	)	PUNCT
fbem-31122	218	45	size	size	NOUN
fbem-31122	218	46	-0.007	-0.007	NOUN
fbem-31122	218	47	-0.434	-0.434	PROPN
fbem-31122	218	48	-0.4	-0.4	NUM
fbem-31122	218	49	(	(	PUNCT
fbem-31122	218	50	-0.06	-0.06	NUM
fbem-31122	218	51	)	)	PUNCT
fbem-31122	218	52	(	(	PUNCT
fbem-31122	218	53	-1.53	-1.53	X
fbem-31122	218	54	)	)	PUNCT
fbem-31122	218	55	(	(	PUNCT
fbem-31122	218	56	-1.32	-1.32	X
fbem-31122	218	57	)	)	PUNCT
fbem-31122	218	58	growth	growth	NOUN
fbem-31122	218	59	0.134	0.134	NUM
fbem-31122	218	60	*	*	PUNCT
fbem-31122	218	61	*	*	PUNCT
fbem-31122	218	62	*	*	PUNCT
fbem-31122	218	63	0.161	0.161	NUM
fbem-31122	218	64	*	*	PUNCT
fbem-31122	218	65	*	*	PUNCT
fbem-31122	218	66	*	*	PUNCT
fbem-31122	218	67	0.159	0.159	NUM
fbem-31122	218	68	*	*	PUNCT
fbem-31122	218	69	*	*	PUNCT
fbem-31122	218	70	*	*	PUNCT
fbem-31122	218	71	(	(	PUNCT
fbem-31122	218	72	4.46	4.46	NUM
fbem-31122	218	73	)	)	PUNCT
fbem-31122	218	74	(	(	PUNCT
fbem-31122	218	75	4.2	4.2	NUM
fbem-31122	218	76	)	)	PUNCT
fbem-31122	218	77	(	(	PUNCT
fbem-31122	218	78	4.13	4.13	X
fbem-31122	218	79	)	)	PUNCT
fbem-31122	218	80	ndts	ndts	VERB
fbem-31122	218	81	1.048	1.048	NUM
fbem-31122	218	82	*	*	PUNCT
fbem-31122	218	83	*	*	PUNCT
fbem-31122	218	84	*	*	PUNCT
fbem-31122	218	85	1.049	1.049	NUM
fbem-31122	218	86	*	*	PUNCT
fbem-31122	218	87	*	*	PUNCT
fbem-31122	218	88	*	*	PUNCT
fbem-31122	218	89	1.049	1.049	NUM
fbem-31122	218	90	*	*	PUNCT
fbem-31122	218	91	*	*	PUNCT
fbem-31122	218	92	*	*	PUNCT
fbem-31122	218	93	(	(	PUNCT
fbem-31122	218	94	8.40	8.40	NUM
fbem-31122	218	95	)	)	PUNCT
fbem-31122	218	96	(	(	PUNCT
fbem-31122	218	97	7.69	7.69	NUM
fbem-31122	218	98	)	)	PUNCT
fbem-31122	218	99	(	(	PUNCT
fbem-31122	218	100	7.83	7.83	NUM
fbem-31122	218	101	)	)	PUNCT
fbem-31122	218	102	roe	roe	NOUN
fbem-31122	218	103	-0.233	-0.233	PUNCT
fbem-31122	219	1	-0.165	-0.165	X
fbem-31122	219	2	-0.161	-0.161	X
fbem-31122	219	3	(	(	PUNCT
fbem-31122	219	4	-0.90	-0.90	NUM
fbem-31122	219	5	)	)	PUNCT
fbem-31122	219	6	(	(	PUNCT
fbem-31122	219	7	-0.62	-0.62	NOUN
fbem-31122	219	8	)	)	PUNCT
fbem-31122	219	9	(	(	PUNCT
fbem-31122	219	10	-0.60	-0.60	NUM
fbem-31122	219	11	)	)	PUNCT
fbem-31122	219	12	cons	con	NOUN
fbem-31122	219	13	1.531	1.531	NUM
fbem-31122	219	14	*	*	NOUN
fbem-31122	219	15	*	*	PUNCT
fbem-31122	219	16	*	*	PUNCT
fbem-31122	219	17	1.189	1.189	NUM
fbem-31122	219	18	*	*	PUNCT
fbem-31122	219	19	*	*	PUNCT
fbem-31122	219	20	*	*	PUNCT
fbem-31122	219	21	1.511	1.511	NUM
fbem-31122	219	22	*	*	PUNCT
fbem-31122	219	23	*	*	PUNCT
fbem-31122	219	24	*	*	PUNCT
fbem-31122	219	25	(	(	PUNCT
fbem-31122	219	26	6.21	6.21	NUM
fbem-31122	219	27	)	)	PUNCT
fbem-31122	219	28	(	(	PUNCT
fbem-31122	219	29	11	11	NUM
fbem-31122	219	30	)	)	PUNCT
fbem-31122	219	31	(	(	PUNCT
fbem-31122	219	32	5.98	5.98	NUM
fbem-31122	219	33	)	)	PUNCT
fbem-31122	219	34	year	year	NOUN
fbem-31122	219	35	-	-	PUNCT
fbem-31122	219	36	fixed	fix	VERB
fbem-31122	219	37	-	-	PUNCT
fbem-31122	219	38	effects	effect	NOUN
fbem-31122	220	1	yes	yes	INTJ
fbem-31122	220	2	no	no	INTJ
fbem-31122	220	3	yes	yes	INTJ
fbem-31122	220	4	individual	individual	ADJ
fbem-31122	220	5	-	-	PUNCT
fbem-31122	220	6	fixedeffects	fixedeffect	NOUN
fbem-31122	221	1	no	no	INTJ
fbem-31122	221	2	yes	yes	INTJ
fbem-31122	221	3	yes	yes	INTJ
fbem-31122	221	4	r	r	NOUN
fbem-31122	221	5	-	-	PUNCT
fbem-31122	221	6	squared	square	VERB
fbem-31122	221	7	0.941	0.941	NUM
fbem-31122	221	8	0.942	0.942	NUM
fbem-31122	221	9	0.942	0.942	NUM
fbem-31122	221	10	n	n	PRON
fbem-31122	221	11	984	984	NUM
fbem-31122	221	12	984	984	NUM
fbem-31122	221	13	984	984	NUM
fbem-31122	221	14	note	note	NOUN
fbem-31122	221	15	:	:	PUNCT
fbem-31122	221	16	in	in	ADP
fbem-31122	221	17	parentheses	parenthesis	NOUN
fbem-31122	221	18	are	be	AUX
fbem-31122	221	19	the	the	DET
fbem-31122	221	20	standard	standard	ADJ
fbem-31122	221	21	errors	error	NOUN
fbem-31122	221	22	of	of	ADP
fbem-31122	221	23	regression	regression	NOUN
fbem-31122	221	24	coefficients	coefficient	NOUN
fbem-31122	221	25	.	.	PUNCT
fbem-31122	222	1	*	*	PUNCT
fbem-31122	222	2	,	,	PUNCT
fbem-31122	222	3	*	*	PUNCT
fbem-31122	223	1	*	*	PUNCT
fbem-31122	223	2	,	,	PUNCT
fbem-31122	223	3	*	*	PUNCT
fbem-31122	223	4	*	*	PUNCT
fbem-31122	223	5	*	*	PUNCT
fbem-31122	223	6	are	be	AUX
fbem-31122	223	7	significant	significant	ADJ
fbem-31122	223	8	at	at	ADP
fbem-31122	223	9	10	10	NUM
fbem-31122	223	10	%	%	NOUN
fbem-31122	223	11	,	,	PUNCT
fbem-31122	223	12	5	5	NUM
fbem-31122	223	13	%	%	NOUN
fbem-31122	223	14	,	,	PUNCT
fbem-31122	223	15	1	1	NUM
fbem-31122	223	16	%	%	NOUN
fbem-31122	223	17	levels	level	NOUN
fbem-31122	223	18	,	,	PUNCT
fbem-31122	223	19	respectively	respectively	ADV
fbem-31122	223	20	.	.	PUNCT
fbem-31122	224	1	however	however	ADV
fbem-31122	224	2	,	,	PUNCT
fbem-31122	224	3	enterprise	enterprise	NOUN
fbem-31122	224	4	size	size	NOUN
fbem-31122	224	5	and	and	CCONJ
fbem-31122	224	6	profitability	profitability	NOUN
fbem-31122	224	7	have	have	VERB
fbem-31122	224	8	a	a	DET
fbem-31122	224	9	negative	negative	ADJ
fbem-31122	224	10	effect	effect	NOUN
fbem-31122	224	11	on	on	ADP
fbem-31122	224	12	enterprise	enterprise	NOUN
fbem-31122	224	13	leverage	leverage	NOUN
fbem-31122	224	14	,	,	PUNCT
fbem-31122	224	15	which	which	PRON
fbem-31122	224	16	means	mean	VERB
fbem-31122	224	17	that	that	SCONJ
fbem-31122	224	18	,	,	PUNCT
fbem-31122	224	19	under	under	ADP
fbem-31122	224	20	the	the	DET
fbem-31122	224	21	influence	influence	NOUN
fbem-31122	224	22	of	of	ADP
fbem-31122	224	23	these	these	DET
fbem-31122	224	24	two	two	NUM
fbem-31122	224	25	indicators	indicator	NOUN
fbem-31122	224	26	,	,	PUNCT
fbem-31122	224	27	enterprises	enterprise	NOUN
fbem-31122	224	28	'	'	PART
fbem-31122	224	29	access	access	NOUN
fbem-31122	224	30	to	to	ADP
fbem-31122	224	31	capital	capital	NOUN
fbem-31122	224	32	may	may	AUX
fbem-31122	224	33	be	be	AUX
fbem-31122	224	34	effectively	effectively	ADV
fbem-31122	224	35	resolved	resolve	VERB
fbem-31122	224	36	by	by	ADP
fbem-31122	224	37	internal	internal	ADJ
fbem-31122	224	38	financing	financing	NOUN
fbem-31122	224	39	,	,	PUNCT
fbem-31122	224	40	and	and	CCONJ
fbem-31122	224	41	external	external	ADJ
fbem-31122	224	42	financing	financing	NOUN
fbem-31122	224	43	is	be	AUX
fbem-31122	224	44	not	not	PART
fbem-31122	224	45	sufficiently	sufficiently	ADV
fbem-31122	224	46	enticing	enticing	ADJ
fbem-31122	224	47	.	.	PUNCT
fbem-31122	225	1	moreover	moreover	ADV
fbem-31122	225	2	,	,	PUNCT
fbem-31122	225	3	larger	large	ADJ
fbem-31122	225	4	or	or	CCONJ
fbem-31122	225	5	more	more	ADV
fbem-31122	225	6	profitable	profitable	ADJ
fbem-31122	225	7	businesses	business	NOUN
fbem-31122	225	8	typically	typically	ADV
fbem-31122	225	9	have	have	VERB
fbem-31122	225	10	more	more	ADJ
fbem-31122	225	11	internal	internal	ADJ
fbem-31122	225	12	capital	capital	NOUN
fbem-31122	225	13	and	and	CCONJ
fbem-31122	225	14	resources	resource	NOUN
fbem-31122	225	15	,	,	PUNCT
fbem-31122	225	16	making	make	VERB
fbem-31122	225	17	it	it	PRON
fbem-31122	225	18	simpler	simple	ADJ
fbem-31122	225	19	for	for	SCONJ
fbem-31122	225	20	them	they	PRON
fbem-31122	225	21	to	to	PART
fbem-31122	225	22	finance	finance	VERB
fbem-31122	225	23	their	their	PRON
fbem-31122	225	24	operations	operation	NOUN
fbem-31122	225	25	and	and	CCONJ
fbem-31122	225	26	investments	investment	NOUN
fbem-31122	225	27	with	with	ADP
fbem-31122	225	28	their	their	PRON
fbem-31122	225	29	own	own	ADJ
fbem-31122	225	30	capital	capital	NOUN
fbem-31122	225	31	and	and	CCONJ
fbem-31122	225	32	reducing	reduce	VERB
fbem-31122	225	33	their	their	PRON
fbem-31122	225	34	need	need	NOUN
fbem-31122	225	35	for	for	ADP
fbem-31122	225	36	external	external	ADJ
fbem-31122	225	37	financing	financing	NOUN
fbem-31122	225	38	,	,	PUNCT
fbem-31122	225	39	particularly	particularly	ADV
fbem-31122	225	40	debt	debt	NOUN
fbem-31122	225	41	financing	financing	NOUN
fbem-31122	225	42	.	.	PUNCT
fbem-31122	226	1	in	in	ADP
fbem-31122	226	2	light	light	NOUN
fbem-31122	226	3	of	of	ADP
fbem-31122	226	4	the	the	DET
fbem-31122	226	5	preceding	precede	VERB
fbem-31122	226	6	analysis	analysis	NOUN
fbem-31122	226	7	,	,	PUNCT
fbem-31122	226	8	the	the	DET
fbem-31122	226	9	implementation	implementation	NOUN
fbem-31122	226	10	of	of	ADP
fbem-31122	226	11	green	green	ADJ
fbem-31122	226	12	finance	finance	NOUN
fbem-31122	226	13	policy	policy	NOUN
fbem-31122	226	14	has	have	VERB
fbem-31122	226	15	a	a	DET
fbem-31122	226	16	significant	significant	ADJ
fbem-31122	226	17	negative	negative	ADJ
fbem-31122	226	18	impact	impact	NOUN
fbem-31122	226	19	on	on	ADP
fbem-31122	226	20	the	the	DET
fbem-31122	226	21	capital	capital	NOUN
fbem-31122	226	22	structure	structure	NOUN
fbem-31122	226	23	of	of	ADP
fbem-31122	226	24	firms	firm	NOUN
fbem-31122	226	25	that	that	PRON
fbem-31122	226	26	manufacture	manufacture	VERB
fbem-31122	226	27	capital	capital	NOUN
fbem-31122	226	28	goods	good	NOUN
fbem-31122	226	29	.	.	PUNCT
fbem-31122	227	1	as	as	ADP
fbem-31122	227	2	a	a	DET
fbem-31122	227	3	result	result	NOUN
fbem-31122	227	4	,	,	PUNCT
fbem-31122	227	5	firms	firm	NOUN
fbem-31122	227	6	that	that	PRON
fbem-31122	227	7	manufacture	manufacture	VERB
fbem-31122	227	8	capital	capital	NOUN
fbem-31122	227	9	goods	good	NOUN
fbem-31122	227	10	increasingly	increasingly	ADV
fbem-31122	227	11	rely	rely	VERB
fbem-31122	227	12	on	on	ADP
fbem-31122	227	13	equity	equity	NOUN
fbem-31122	227	14	financing	financing	NOUN
fbem-31122	227	15	,	,	PUNCT
fbem-31122	227	16	thereby	thereby	ADV
fbem-31122	227	17	reducing	reduce	VERB
fbem-31122	227	18	their	their	PRON
fbem-31122	227	19	leverage	leverage	NOUN
fbem-31122	227	20	.	.	PUNCT
fbem-31122	228	1	therefore	therefore	ADV
fbem-31122	228	2	,	,	PUNCT
fbem-31122	228	3	hypothesis	hypothesis	NOUN
fbem-31122	228	4	1	1	NUM
fbem-31122	228	5	is	be	AUX
fbem-31122	228	6	supported	support	VERB
fbem-31122	228	7	.	.	PUNCT
fbem-31122	229	1	149	149	NUM
fbem-31122	229	2	5.2	5.2	NUM
fbem-31122	229	3	.	.	PUNCT
fbem-31122	230	1	heterogeneity	heterogeneity	NOUN
fbem-31122	230	2	analysis	analysis	NOUN
fbem-31122	230	3	to	to	PART
fbem-31122	230	4	further	far	ADV
fbem-31122	230	5	examine	examine	VERB
fbem-31122	230	6	whether	whether	SCONJ
fbem-31122	230	7	the	the	DET
fbem-31122	230	8	financing	financing	NOUN
fbem-31122	230	9	constraints	constraint	NOUN
fbem-31122	230	10	of	of	ADP
fbem-31122	230	11	different	different	ADJ
fbem-31122	230	12	enterprises	enterprise	NOUN
fbem-31122	230	13	and	and	CCONJ
fbem-31122	230	14	differences	difference	NOUN
fbem-31122	230	15	in	in	ADP
fbem-31122	230	16	the	the	DET
fbem-31122	230	17	scale	scale	NOUN
fbem-31122	230	18	of	of	ADP
fbem-31122	230	19	enterprise	enterprise	NOUN
fbem-31122	230	20	assets	asset	NOUN
fbem-31122	230	21	will	will	AUX
fbem-31122	230	22	have	have	VERB
fbem-31122	230	23	an	an	DET
fbem-31122	230	24	effect	effect	NOUN
fbem-31122	230	25	on	on	ADP
fbem-31122	230	26	the	the	DET
fbem-31122	230	27	implementation	implementation	NOUN
fbem-31122	230	28	of	of	ADP
fbem-31122	230	29	green	green	ADJ
fbem-31122	230	30	finance	finance	NOUN
fbem-31122	230	31	policies	policy	NOUN
fbem-31122	230	32	,	,	PUNCT
fbem-31122	230	33	this	this	DET
fbem-31122	230	34	paper	paper	NOUN
fbem-31122	230	35	uses	use	VERB
fbem-31122	230	36	retained	retain	VERB
fbem-31122	230	37	earnings	earning	NOUN
fbem-31122	230	38	as	as	SCONJ
fbem-31122	230	39	the	the	DET
fbem-31122	230	40	agent	agent	NOUN
fbem-31122	230	41	variable	variable	NOUN
fbem-31122	230	42	of	of	ADP
fbem-31122	230	43	financing	financing	NOUN
fbem-31122	230	44	constraint	constraint	NOUN
fbem-31122	230	45	and	and	CCONJ
fbem-31122	230	46	the	the	DET
fbem-31122	230	47	median	median	NOUN
fbem-31122	230	48	of	of	ADP
fbem-31122	230	49	assets	asset	NOUN
fbem-31122	230	50	to	to	PART
fbem-31122	230	51	determine	determine	VERB
fbem-31122	230	52	the	the	DET
fbem-31122	230	53	scale	scale	NOUN
fbem-31122	230	54	of	of	ADP
fbem-31122	230	55	enterprise	enterprise	NOUN
fbem-31122	230	56	assets	asset	NOUN
fbem-31122	230	57	.	.	PUNCT
fbem-31122	231	1	the	the	PRON
fbem-31122	231	2	higher	high	ADJ
fbem-31122	231	3	the	the	DET
fbem-31122	231	4	retained	retain	VERB
fbem-31122	231	5	earnings	earning	NOUN
fbem-31122	231	6	,	,	PUNCT
fbem-31122	231	7	the	the	PRON
fbem-31122	231	8	fewer	few	ADJ
fbem-31122	231	9	the	the	DET
fbem-31122	231	10	financing	financing	NOUN
fbem-31122	231	11	restrictions	restriction	NOUN
fbem-31122	231	12	.	.	PUNCT
fbem-31122	232	1	firms	firm	NOUN
fbem-31122	232	2	that	that	PRON
fbem-31122	232	3	exceed	exceed	VERB
fbem-31122	232	4	the	the	DET
fbem-31122	232	5	median	median	NOUN
fbem-31122	232	6	retained	retain	VERB
fbem-31122	232	7	earnings	earning	NOUN
fbem-31122	232	8	are	be	AUX
fbem-31122	232	9	assigned	assign	VERB
fbem-31122	232	10	a	a	DET
fbem-31122	232	11	value	value	NOUN
fbem-31122	232	12	of	of	ADP
fbem-31122	232	13	1	1	NUM
fbem-31122	232	14	,	,	PUNCT
fbem-31122	232	15	while	while	SCONJ
fbem-31122	232	16	others	other	NOUN
fbem-31122	232	17	are	be	AUX
fbem-31122	232	18	assigned	assign	VERB
fbem-31122	232	19	a	a	DET
fbem-31122	232	20	value	value	NOUN
fbem-31122	232	21	of	of	ADP
fbem-31122	232	22	0	0	NUM
fbem-31122	232	23	.	.	PUNCT
fbem-31122	233	1	the	the	DET
fbem-31122	233	2	enterprise	enterprise	NOUN
fbem-31122	233	3	with	with	ADP
fbem-31122	233	4	assets	asset	NOUN
fbem-31122	233	5	above	above	ADP
fbem-31122	233	6	the	the	DET
fbem-31122	233	7	median	median	NOUN
fbem-31122	233	8	is	be	AUX
fbem-31122	233	9	assigned	assign	VERB
fbem-31122	233	10	1	1	NUM
fbem-31122	233	11	,	,	PUNCT
fbem-31122	233	12	indicating	indicate	VERB
fbem-31122	233	13	that	that	SCONJ
fbem-31122	233	14	it	it	PRON
fbem-31122	233	15	is	be	AUX
fbem-31122	233	16	a	a	DET
fbem-31122	233	17	large	large	ADJ
fbem-31122	233	18	business	business	NOUN
fbem-31122	233	19	,	,	PUNCT
fbem-31122	233	20	while	while	SCONJ
fbem-31122	233	21	the	the	DET
fbem-31122	233	22	enterprise	enterprise	NOUN
fbem-31122	233	23	with	with	ADP
fbem-31122	233	24	assets	asset	NOUN
fbem-31122	233	25	below	below	ADP
fbem-31122	233	26	the	the	DET
fbem-31122	233	27	median	median	NOUN
fbem-31122	233	28	is	be	AUX
fbem-31122	233	29	assigned	assign	VERB
fbem-31122	233	30	0	0	NUM
fbem-31122	233	31	,	,	PUNCT
fbem-31122	233	32	indicating	indicate	VERB
fbem-31122	233	33	that	that	SCONJ
fbem-31122	233	34	it	it	PRON
fbem-31122	233	35	is	be	AUX
fbem-31122	233	36	a	a	DET
fbem-31122	233	37	small	small	ADJ
fbem-31122	233	38	business	business	NOUN
fbem-31122	233	39	.	.	PUNCT
fbem-31122	234	1	the	the	DET
fbem-31122	234	2	heterogeneity	heterogeneity	NOUN
fbem-31122	234	3	of	of	ADP
fbem-31122	234	4	green	green	ADJ
fbem-31122	234	5	finance	finance	NOUN
fbem-31122	234	6	policy	policy	NOUN
fbem-31122	234	7	on	on	ADP
fbem-31122	234	8	firm	firm	ADJ
fbem-31122	234	9	capital	capital	NOUN
fbem-31122	234	10	structure	structure	NOUN
fbem-31122	234	11	is	be	AUX
fbem-31122	234	12	studied	study	VERB
fbem-31122	234	13	after	after	ADP
fbem-31122	234	14	adding	add	VERB
fbem-31122	234	15	financial	financial	ADJ
fbem-31122	234	16	constraint	constraint	NOUN
fbem-31122	234	17	(	(	PUNCT
fbem-31122	234	18	fc	fc	INTJ
fbem-31122	234	19	)	)	PUNCT
fbem-31122	234	20	and	and	CCONJ
fbem-31122	234	21	firm	firm	ADJ
fbem-31122	234	22	size	size	NOUN
fbem-31122	234	23	(	(	PUNCT
fbem-31122	234	24	scal	scal	NOUN
fbem-31122	234	25	)	)	PUNCT
fbem-31122	234	26	to	to	ADP
fbem-31122	234	27	the	the	DET
fbem-31122	234	28	did	do	VERB
fbem-31122	234	29	model	model	NOUN
fbem-31122	234	30	.	.	PUNCT
fbem-31122	235	1	the	the	DET
fbem-31122	235	2	results	result	NOUN
fbem-31122	235	3	of	of	ADP
fbem-31122	235	4	the	the	DET
fbem-31122	235	5	regression	regression	NOUN
fbem-31122	235	6	are	be	AUX
fbem-31122	235	7	shown	show	VERB
fbem-31122	235	8	in	in	ADP
fbem-31122	235	9	table	table	NOUN
fbem-31122	235	10	6	6	NUM
fbem-31122	235	11	.	.	PUNCT
fbem-31122	235	12	table	table	NOUN
fbem-31122	235	13	6	6	NUM
fbem-31122	235	14	.	.	PUNCT
fbem-31122	236	1	analysis	analysis	NOUN
fbem-31122	236	2	of	of	ADP
fbem-31122	236	3	the	the	DET
fbem-31122	236	4	effect	effect	NOUN
fbem-31122	236	5	of	of	ADP
fbem-31122	236	6	green	green	ADJ
fbem-31122	236	7	finance	finance	NOUN
fbem-31122	236	8	policy	policy	NOUN
fbem-31122	236	9	on	on	ADP
fbem-31122	236	10	capital	capital	NOUN
fbem-31122	236	11	structure	structure	NOUN
fbem-31122	236	12	under	under	ADP
fbem-31122	236	13	financing	financing	NOUN
fbem-31122	236	14	constraints	constraint	NOUN
fbem-31122	236	15	and	and	CCONJ
fbem-31122	236	16	enterprise	enterprise	NOUN
fbem-31122	236	17	asset	asset	NOUN
fbem-31122	236	18	scale	scale	NOUN
fbem-31122	236	19	heterogeneity	heterogeneity	NOUN
fbem-31122	236	20	.	.	PUNCT
fbem-31122	237	1	variable	variable	NOUN
fbem-31122	237	2	the	the	DET
fbem-31122	237	3	capital	capital	NOUN
fbem-31122	237	4	structure	structure	NOUN
fbem-31122	237	5	of	of	ADP
fbem-31122	237	6	the	the	DET
fbem-31122	237	7	enterprise	enterprise	NOUN
fbem-31122	237	8	(	(	PUNCT
fbem-31122	237	9	1	1	NUM
fbem-31122	237	10	)	)	PUNCT
fbem-31122	237	11	(	(	PUNCT
fbem-31122	237	12	2	2	NUM
fbem-31122	237	13	)	)	PUNCT
fbem-31122	237	14	(	(	PUNCT
fbem-31122	237	15	3	3	X
fbem-31122	237	16	)	)	PUNCT
fbem-31122	237	17	(	(	PUNCT
fbem-31122	237	18	4	4	X
fbem-31122	237	19	)	)	PUNCT
fbem-31122	237	20	did	do	VERB
fbem-31122	237	21	-0.275	-0.275	PUNCT
fbem-31122	237	22	*	*	PUNCT
fbem-31122	237	23	*	*	PUNCT
fbem-31122	237	24	*	*	PUNCT
fbem-31122	237	25	-0.021	-0.021	NOUN
fbem-31122	238	1	-0.272	-0.272	NOUN
fbem-31122	238	2	*	*	PUNCT
fbem-31122	238	3	*	*	PUNCT
fbem-31122	238	4	*	*	PUNCT
fbem-31122	238	5	-0.088	-0.088	NUM
fbem-31122	238	6	(	(	PUNCT
fbem-31122	238	7	-3.30	-3.30	NOUN
fbem-31122	238	8	)	)	PUNCT
fbem-31122	238	9	(	(	PUNCT
fbem-31122	238	10	-0.34	-0.34	NOUN
fbem-31122	238	11	)	)	PUNCT
fbem-31122	238	12	(	(	PUNCT
fbem-31122	238	13	-3.30	-3.30	NOUN
fbem-31122	238	14	)	)	PUNCT
fbem-31122	238	15	(	(	PUNCT
fbem-31122	238	16	-1.21	-1.21	ADJ
fbem-31122	238	17	)	)	PUNCT
fbem-31122	238	18	year	year	NOUN
fbem-31122	238	19	-	-	PUNCT
fbem-31122	238	20	fixedeffects	fixedeffect	NOUN
fbem-31122	239	1	yes	yes	INTJ
fbem-31122	240	1	yes	yes	INTJ
fbem-31122	241	1	yes	yes	INTJ
fbem-31122	241	2	yes	yes	INTJ
fbem-31122	241	3	individualfixed	individualfixe	VERB
fbem-31122	241	4	-	-	PUNCT
fbem-31122	241	5	effects	effect	NOUN
fbem-31122	242	1	yes	yes	INTJ
fbem-31122	243	1	yes	yes	INTJ
fbem-31122	244	1	yes	yes	INTJ
fbem-31122	244	2	yes	yes	INTJ
fbem-31122	244	3	r	r	NOUN
fbem-31122	244	4	-	-	PUNCT
fbem-31122	244	5	squared	square	VERB
fbem-31122	244	6	0.938	0.938	NUM
fbem-31122	244	7	0.967	0.967	NUM
fbem-31122	244	8	0.948	0.948	NUM
fbem-31122	244	9	0.927	0.927	NUM
fbem-31122	244	10	n	n	PROPN
fbem-31122	244	11	469	469	NUM
fbem-31122	244	12	515	515	NUM
fbem-31122	244	13	494	494	NUM
fbem-31122	244	14	490	490	NUM
fbem-31122	244	15	note	note	NOUN
fbem-31122	244	16	:	:	PUNCT
fbem-31122	244	17	in	in	ADP
fbem-31122	244	18	parentheses	parenthesis	NOUN
fbem-31122	244	19	are	be	AUX
fbem-31122	244	20	the	the	DET
fbem-31122	244	21	standard	standard	ADJ
fbem-31122	244	22	errors	error	NOUN
fbem-31122	244	23	of	of	ADP
fbem-31122	244	24	regression	regression	NOUN
fbem-31122	244	25	coefficients	coefficient	NOUN
fbem-31122	244	26	.	.	PUNCT
fbem-31122	245	1	*	*	PUNCT
fbem-31122	245	2	,	,	PUNCT
fbem-31122	245	3	*	*	PUNCT
fbem-31122	246	1	*	*	PUNCT
fbem-31122	246	2	,	,	PUNCT
fbem-31122	246	3	*	*	PUNCT
fbem-31122	246	4	*	*	PUNCT
fbem-31122	246	5	*	*	PUNCT
fbem-31122	246	6	are	be	AUX
fbem-31122	246	7	significant	significant	ADJ
fbem-31122	246	8	at	at	ADP
fbem-31122	246	9	10	10	NUM
fbem-31122	246	10	%	%	NOUN
fbem-31122	246	11	,	,	PUNCT
fbem-31122	246	12	5	5	NUM
fbem-31122	246	13	%	%	NOUN
fbem-31122	246	14	,	,	PUNCT
fbem-31122	246	15	1	1	NUM
fbem-31122	246	16	%	%	NOUN
fbem-31122	246	17	levels	level	NOUN
fbem-31122	246	18	,	,	PUNCT
fbem-31122	246	19	respectively	respectively	ADV
fbem-31122	246	20	.	.	PUNCT
fbem-31122	247	1	in	in	ADP
fbem-31122	247	2	table	table	NOUN
fbem-31122	247	3	6	6	NUM
fbem-31122	247	4	,	,	PUNCT
fbem-31122	247	5	column	column	NOUN
fbem-31122	247	6	(	(	PUNCT
fbem-31122	247	7	1	1	X
fbem-31122	247	8	)	)	PUNCT
fbem-31122	247	9	represents	represent	VERB
fbem-31122	247	10	the	the	DET
fbem-31122	247	11	regression	regression	NOUN
fbem-31122	247	12	results	result	NOUN
fbem-31122	247	13	for	for	ADP
fbem-31122	247	14	businesses	business	NOUN
fbem-31122	247	15	with	with	ADP
fbem-31122	247	16	reduced	reduced	ADJ
fbem-31122	247	17	retained	retain	VERB
fbem-31122	247	18	earnings	earning	NOUN
fbem-31122	247	19	,	,	PUNCT
fbem-31122	247	20	and	and	CCONJ
fbem-31122	247	21	column	column	NOUN
fbem-31122	247	22	(	(	PUNCT
fbem-31122	247	23	2	2	X
fbem-31122	247	24	)	)	PUNCT
fbem-31122	247	25	represents	represent	VERB
fbem-31122	247	26	the	the	DET
fbem-31122	247	27	regression	regression	NOUN
fbem-31122	247	28	results	result	NOUN
fbem-31122	247	29	for	for	ADP
fbem-31122	247	30	businesses	business	NOUN
fbem-31122	247	31	with	with	ADP
fbem-31122	247	32	higher	high	ADJ
fbem-31122	247	33	retained	retain	VERB
fbem-31122	247	34	earnings	earning	NOUN
fbem-31122	247	35	.	.	PUNCT
fbem-31122	248	1	according	accord	VERB
fbem-31122	248	2	to	to	ADP
fbem-31122	248	3	the	the	DET
fbem-31122	248	4	findings	finding	NOUN
fbem-31122	248	5	,	,	PUNCT
fbem-31122	248	6	the	the	DET
fbem-31122	248	7	interaction	interaction	NOUN
fbem-31122	248	8	did	do	VERB
fbem-31122	248	9	coefficients	coefficient	NOUN
fbem-31122	248	10	of	of	ADP
fbem-31122	248	11	the	the	DET
fbem-31122	248	12	two	two	NUM
fbem-31122	248	13	samples	sample	NOUN
fbem-31122	248	14	were	be	AUX
fbem-31122	248	15	-0.275	-0.275	PUNCT
fbem-31122	248	16	and	and	CCONJ
fbem-31122	248	17	-0.021	-0.021	NOUN
fbem-31122	248	18	,	,	PUNCT
fbem-31122	248	19	respectively	respectively	ADV
fbem-31122	248	20	,	,	PUNCT
fbem-31122	248	21	indicating	indicate	VERB
fbem-31122	248	22	that	that	SCONJ
fbem-31122	248	23	green	green	ADJ
fbem-31122	248	24	finance	finance	NOUN
fbem-31122	248	25	policy	policy	NOUN
fbem-31122	248	26	has	have	VERB
fbem-31122	248	27	a	a	DET
fbem-31122	248	28	greater	great	ADJ
fbem-31122	248	29	impact	impact	NOUN
fbem-31122	248	30	on	on	ADP
fbem-31122	248	31	firms	firm	NOUN
fbem-31122	248	32	with	with	ADP
fbem-31122	248	33	lower	low	ADJ
fbem-31122	248	34	retained	retain	VERB
fbem-31122	248	35	earnings	earning	NOUN
fbem-31122	248	36	,	,	PUNCT
fbem-31122	248	37	with	with	ADP
fbem-31122	248	38	a	a	DET
fbem-31122	248	39	significance	significance	NOUN
fbem-31122	248	40	level	level	NOUN
fbem-31122	248	41	of	of	ADP
fbem-31122	248	42	1	1	NUM
fbem-31122	248	43	%	%	NOUN
fbem-31122	248	44	.	.	PUNCT
fbem-31122	249	1	in	in	ADP
fbem-31122	249	2	other	other	ADJ
fbem-31122	249	3	words	word	NOUN
fbem-31122	249	4	,	,	PUNCT
fbem-31122	249	5	the	the	DET
fbem-31122	249	6	impact	impact	NOUN
fbem-31122	249	7	of	of	ADP
fbem-31122	249	8	green	green	ADJ
fbem-31122	249	9	finance	finance	NOUN
fbem-31122	249	10	policy	policy	NOUN
fbem-31122	249	11	is	be	AUX
fbem-31122	249	12	more	more	ADV
fbem-31122	249	13	pronounced	pronounced	ADJ
fbem-31122	249	14	on	on	ADP
fbem-31122	249	15	businesses	business	NOUN
fbem-31122	249	16	with	with	ADP
fbem-31122	249	17	higher	high	ADJ
fbem-31122	249	18	financing	financing	NOUN
fbem-31122	249	19	constraints	constraint	NOUN
fbem-31122	249	20	.	.	PUNCT
fbem-31122	250	1	this	this	DET
fbem-31122	250	2	test	test	NOUN
fbem-31122	250	3	examines	examine	VERB
fbem-31122	250	4	the	the	DET
fbem-31122	250	5	asymmetric	asymmetric	ADJ
fbem-31122	250	6	impact	impact	NOUN
fbem-31122	250	7	of	of	ADP
fbem-31122	250	8	the	the	DET
fbem-31122	250	9	introduction	introduction	NOUN
fbem-31122	250	10	of	of	ADP
fbem-31122	250	11	a	a	DET
fbem-31122	250	12	green	green	ADJ
fbem-31122	250	13	finance	finance	NOUN
fbem-31122	250	14	policy	policy	NOUN
fbem-31122	250	15	on	on	ADP
fbem-31122	250	16	enterprises	enterprise	NOUN
fbem-31122	250	17	with	with	ADP
fbem-31122	250	18	varying	vary	VERB
fbem-31122	250	19	degrees	degree	NOUN
fbem-31122	250	20	of	of	ADP
fbem-31122	250	21	financing	financing	NOUN
fbem-31122	250	22	constraints	constraint	NOUN
fbem-31122	250	23	.	.	PUNCT
fbem-31122	251	1	this	this	DET
fbem-31122	251	2	issue	issue	NOUN
fbem-31122	251	3	may	may	AUX
fbem-31122	251	4	be	be	AUX
fbem-31122	251	5	related	relate	VERB
fbem-31122	251	6	to	to	ADP
fbem-31122	251	7	the	the	DET
fbem-31122	251	8	enterprise	enterprise	NOUN
fbem-31122	251	9	's	's	PART
fbem-31122	251	10	environmental	environmental	ADJ
fbem-31122	251	11	protection	protection	NOUN
fbem-31122	251	12	capabilities	capability	NOUN
fbem-31122	251	13	and	and	CCONJ
fbem-31122	251	14	level	level	NOUN
fbem-31122	251	15	of	of	ADP
fbem-31122	251	16	sustainable	sustainable	ADJ
fbem-31122	251	17	development	development	NOUN
fbem-31122	251	18	.	.	PUNCT
fbem-31122	252	1	green	green	ADJ
fbem-31122	252	2	finance	finance	NOUN
fbem-31122	252	3	policy	policy	NOUN
fbem-31122	252	4	generally	generally	ADV
fbem-31122	252	5	encourages	encourage	VERB
fbem-31122	252	6	and	and	CCONJ
fbem-31122	252	7	supports	support	VERB
fbem-31122	252	8	environmentally	environmentally	ADV
fbem-31122	252	9	friendly	friendly	ADJ
fbem-31122	252	10	and	and	CCONJ
fbem-31122	252	11	sustainable	sustainable	ADJ
fbem-31122	252	12	enterprises	enterprise	NOUN
fbem-31122	252	13	and	and	CCONJ
fbem-31122	252	14	may	may	AUX
fbem-31122	252	15	have	have	VERB
fbem-31122	252	16	a	a	DET
fbem-31122	252	17	more	more	ADV
fbem-31122	252	18	positive	positive	ADJ
fbem-31122	252	19	and	and	CCONJ
fbem-31122	252	20	advantageous	advantageous	ADJ
fbem-31122	252	21	impact	impact	NOUN
fbem-31122	252	22	on	on	ADP
fbem-31122	252	23	those	those	PRON
fbem-31122	252	24	with	with	ADP
fbem-31122	252	25	a	a	DET
fbem-31122	252	26	higher	high	ADJ
fbem-31122	252	27	environmental	environmental	ADJ
fbem-31122	252	28	profile	profile	NOUN
fbem-31122	252	29	,	,	PUNCT
fbem-31122	252	30	however	however	ADV
fbem-31122	252	31	,	,	PUNCT
fbem-31122	252	32	the	the	DET
fbem-31122	252	33	impact	impact	NOUN
fbem-31122	252	34	may	may	AUX
fbem-31122	252	35	be	be	AUX
fbem-31122	252	36	relatively	relatively	ADV
fbem-31122	252	37	weak	weak	ADJ
fbem-31122	252	38	for	for	ADP
fbem-31122	252	39	enterprises	enterprise	NOUN
fbem-31122	252	40	with	with	ADP
fbem-31122	252	41	severe	severe	ADJ
fbem-31122	252	42	financing	financing	NOUN
fbem-31122	252	43	constraints	constraint	NOUN
fbem-31122	252	44	and	and	CCONJ
fbem-31122	252	45	low	low	ADJ
fbem-31122	252	46	environmental	environmental	ADJ
fbem-31122	252	47	protection	protection	NOUN
fbem-31122	252	48	capacity	capacity	NOUN
fbem-31122	252	49	.	.	PUNCT
fbem-31122	253	1	simultaneously	simultaneously	ADV
fbem-31122	253	2	,	,	PUNCT
fbem-31122	253	3	observe	observe	VERB
fbem-31122	253	4	columns	column	NOUN
fbem-31122	253	5	(	(	PUNCT
fbem-31122	253	6	3	3	NUM
fbem-31122	253	7	)	)	PUNCT
fbem-31122	253	8	and	and	CCONJ
fbem-31122	253	9	(	(	PUNCT
fbem-31122	253	10	4	4	NUM
fbem-31122	253	11	)	)	PUNCT
fbem-31122	253	12	.	.	PUNCT
fbem-31122	254	1	column	column	NOUN
fbem-31122	254	2	(	(	PUNCT
fbem-31122	254	3	3	3	X
fbem-31122	254	4	)	)	PUNCT
fbem-31122	254	5	represents	represent	VERB
fbem-31122	254	6	small	small	ADJ
fbem-31122	254	7	businesses	business	NOUN
fbem-31122	254	8	,	,	PUNCT
fbem-31122	254	9	while	while	SCONJ
fbem-31122	254	10	column	column	NOUN
fbem-31122	254	11	(	(	PUNCT
fbem-31122	254	12	4	4	X
fbem-31122	254	13	)	)	PUNCT
fbem-31122	254	14	represents	represent	VERB
fbem-31122	254	15	large	large	ADJ
fbem-31122	254	16	companies	company	NOUN
fbem-31122	254	17	.	.	PUNCT
fbem-31122	255	1	the	the	DET
fbem-31122	255	2	coefficients	coefficient	NOUN
fbem-31122	255	3	of	of	ADP
fbem-31122	255	4	the	the	DET
fbem-31122	255	5	interaction	interaction	NOUN
fbem-31122	255	6	terms	term	NOUN
fbem-31122	255	7	for	for	ADP
fbem-31122	255	8	the	the	DET
fbem-31122	255	9	two	two	NUM
fbem-31122	255	10	sample	sample	NOUN
fbem-31122	255	11	groups	group	NOUN
fbem-31122	255	12	are	be	AUX
fbem-31122	255	13	-0.272	-0.272	ADJ
fbem-31122	255	14	and	and	CCONJ
fbem-31122	255	15	-0.088	-0.088	CCONJ
fbem-31122	255	16	,	,	PUNCT
fbem-31122	255	17	respectively	respectively	ADV
fbem-31122	255	18	,	,	PUNCT
fbem-31122	255	19	indicating	indicate	VERB
fbem-31122	255	20	that	that	SCONJ
fbem-31122	255	21	the	the	DET
fbem-31122	255	22	impact	impact	NOUN
fbem-31122	255	23	of	of	ADP
fbem-31122	255	24	green	green	ADJ
fbem-31122	255	25	finance	finance	NOUN
fbem-31122	255	26	policy	policy	NOUN
fbem-31122	255	27	on	on	ADP
fbem-31122	255	28	enterprises	enterprise	NOUN
fbem-31122	255	29	with	with	ADP
fbem-31122	255	30	fewer	few	ADJ
fbem-31122	255	31	assets	asset	NOUN
fbem-31122	255	32	is	be	AUX
fbem-31122	255	33	more	more	ADV
fbem-31122	255	34	pronounced	pronounced	ADJ
fbem-31122	255	35	and	and	CCONJ
fbem-31122	255	36	statistically	statistically	ADV
fbem-31122	255	37	significant	significant	ADJ
fbem-31122	255	38	at	at	ADP
fbem-31122	255	39	the	the	DET
fbem-31122	255	40	1	1	NUM
fbem-31122	255	41	%	%	NOUN
fbem-31122	255	42	level	level	NOUN
fbem-31122	255	43	of	of	ADP
fbem-31122	255	44	confidence	confidence	NOUN
fbem-31122	255	45	.	.	PUNCT
fbem-31122	256	1	this	this	DET
fbem-31122	256	2	verifies	verifie	NOUN
fbem-31122	256	3	hypothesis	hypothesis	VERB
fbem-31122	256	4	3	3	NUM
fbem-31122	256	5	,	,	PUNCT
fbem-31122	256	6	that	that	SCONJ
fbem-31122	256	7	the	the	DET
fbem-31122	256	8	introduction	introduction	NOUN
fbem-31122	256	9	of	of	ADP
fbem-31122	256	10	green	green	ADJ
fbem-31122	256	11	finance	finance	NOUN
fbem-31122	256	12	policy	policy	NOUN
fbem-31122	256	13	has	have	VERB
fbem-31122	256	14	a	a	DET
fbem-31122	256	15	heterogeneous	heterogeneous	ADJ
fbem-31122	256	16	effect	effect	NOUN
fbem-31122	256	17	on	on	ADP
fbem-31122	256	18	firms	firm	NOUN
fbem-31122	256	19	with	with	ADP
fbem-31122	256	20	varying	vary	VERB
fbem-31122	256	21	asset	asset	NOUN
fbem-31122	256	22	quantities	quantity	NOUN
fbem-31122	256	23	.	.	PUNCT
fbem-31122	257	1	in	in	ADP
fbem-31122	257	2	general	general	ADJ
fbem-31122	257	3	,	,	PUNCT
fbem-31122	257	4	enterprises	enterprise	NOUN
fbem-31122	257	5	with	with	ADP
fbem-31122	257	6	larger	large	ADJ
fbem-31122	257	7	assets	asset	NOUN
fbem-31122	257	8	have	have	VERB
fbem-31122	257	9	more	more	ADJ
fbem-31122	257	10	internal	internal	ADJ
fbem-31122	257	11	resources	resource	NOUN
fbem-31122	257	12	and	and	CCONJ
fbem-31122	257	13	funds	fund	NOUN
fbem-31122	257	14	,	,	PUNCT
fbem-31122	257	15	making	make	VERB
fbem-31122	257	16	it	it	PRON
fbem-31122	257	17	simpler	simple	ADJ
fbem-31122	257	18	for	for	SCONJ
fbem-31122	257	19	them	they	PRON
fbem-31122	257	20	to	to	PART
fbem-31122	257	21	take	take	VERB
fbem-31122	257	22	proactive	proactive	ADJ
fbem-31122	257	23	measures	measure	NOUN
fbem-31122	257	24	in	in	ADP
fbem-31122	257	25	environmental	environmental	ADJ
fbem-31122	257	26	protection	protection	NOUN
fbem-31122	257	27	and	and	CCONJ
fbem-31122	257	28	sustainable	sustainable	ADJ
fbem-31122	257	29	development	development	NOUN
fbem-31122	257	30	to	to	PART
fbem-31122	257	31	meet	meet	VERB
fbem-31122	257	32	policy	policy	NOUN
fbem-31122	257	33	requirements	requirement	NOUN
fbem-31122	257	34	,	,	PUNCT
fbem-31122	257	35	consequently	consequently	ADV
fbem-31122	257	36	,	,	PUNCT
fbem-31122	257	37	the	the	DET
fbem-31122	257	38	policy	policy	NOUN
fbem-31122	257	39	has	have	VERB
fbem-31122	257	40	a	a	DET
fbem-31122	257	41	limited	limited	ADJ
fbem-31122	257	42	effect	effect	NOUN
fbem-31122	257	43	on	on	ADP
fbem-31122	257	44	their	their	PRON
fbem-31122	257	45	financing	financing	NOUN
fbem-31122	257	46	requirements	requirement	NOUN
fbem-31122	257	47	.	.	PUNCT
fbem-31122	258	1	therefore	therefore	ADV
fbem-31122	258	2	,	,	PUNCT
fbem-31122	258	3	when	when	SCONJ
fbem-31122	258	4	green	green	ADJ
fbem-31122	258	5	finance	finance	NOUN
fbem-31122	258	6	policy	policy	NOUN
fbem-31122	258	7	is	be	AUX
fbem-31122	258	8	implemented	implement	VERB
fbem-31122	258	9	,	,	PUNCT
fbem-31122	258	10	market	market	NOUN
fbem-31122	258	11	conditions	condition	NOUN
fbem-31122	258	12	that	that	PRON
fbem-31122	258	13	are	be	AUX
fbem-31122	258	14	more	more	ADV
fbem-31122	258	15	difficult	difficult	ADJ
fbem-31122	258	16	to	to	PART
fbem-31122	258	17	finance	finance	VERB
fbem-31122	258	18	than	than	SCONJ
fbem-31122	258	19	before	before	ADV
fbem-31122	258	20	make	make	VERB
fbem-31122	258	21	it	it	PRON
fbem-31122	258	22	more	more	ADV
fbem-31122	258	23	difficult	difficult	ADJ
fbem-31122	258	24	for	for	SCONJ
fbem-31122	258	25	small	small	ADJ
fbem-31122	258	26	-	-	PUNCT
fbem-31122	258	27	scale	scale	NOUN
fbem-31122	258	28	enterprises	enterprise	NOUN
fbem-31122	258	29	to	to	PART
fbem-31122	258	30	access	access	VERB
fbem-31122	258	31	external	external	ADJ
fbem-31122	258	32	finance	finance	NOUN
fbem-31122	258	33	,	,	PUNCT
fbem-31122	258	34	that	that	ADV
fbem-31122	258	35	is	is	ADV
fbem-31122	258	36	,	,	PUNCT
fbem-31122	258	37	their	their	PRON
fbem-31122	258	38	capital	capital	NOUN
fbem-31122	258	39	leverage	leverage	NOUN
fbem-31122	258	40	ratio	ratio	NOUN
fbem-31122	258	41	will	will	AUX
fbem-31122	258	42	be	be	AUX
fbem-31122	258	43	more	more	ADV
fbem-31122	258	44	affected	affect	VERB
fbem-31122	258	45	by	by	ADP
fbem-31122	258	46	the	the	DET
fbem-31122	258	47	policy	policy	NOUN
fbem-31122	258	48	.	.	PUNCT
fbem-31122	259	1	5.3	5.3	NUM
fbem-31122	259	2	.	.	PUNCT
fbem-31122	259	3	placebo	placebo	NOUN
fbem-31122	259	4	test	test	NOUN
fbem-31122	259	5	before	before	ADP
fbem-31122	259	6	utilizing	utilize	VERB
fbem-31122	259	7	the	the	DET
fbem-31122	259	8	did	did	ADJ
fbem-31122	259	9	model	model	NOUN
fbem-31122	259	10	for	for	ADP
fbem-31122	259	11	regression	regression	NOUN
fbem-31122	259	12	analysis	analysis	NOUN
fbem-31122	259	13	,	,	PUNCT
fbem-31122	259	14	the	the	DET
fbem-31122	259	15	parallel	parallel	ADJ
fbem-31122	259	16	trend	trend	NOUN
fbem-31122	259	17	test	test	NOUN
fbem-31122	259	18	of	of	ADP
fbem-31122	259	19	the	the	DET
fbem-31122	259	20	experimental	experimental	ADJ
fbem-31122	259	21	model	model	NOUN
fbem-31122	259	22	was	be	AUX
fbem-31122	259	23	conducted	conduct	VERB
fbem-31122	259	24	to	to	PART
fbem-31122	259	25	validate	validate	VERB
fbem-31122	259	26	the	the	DET
fbem-31122	259	27	data	datum	NOUN
fbem-31122	259	28	model	model	NOUN
fbem-31122	259	29	's	's	PART
fbem-31122	259	30	viability	viability	NOUN
fbem-31122	259	31	.	.	PUNCT
fbem-31122	260	1	it	it	PRON
fbem-31122	260	2	is	be	AUX
fbem-31122	260	3	necessary	necessary	ADJ
fbem-31122	260	4	to	to	PART
fbem-31122	260	5	validate	validate	VERB
fbem-31122	260	6	the	the	DET
fbem-31122	260	7	validity	validity	NOUN
fbem-31122	260	8	and	and	CCONJ
fbem-31122	260	9	reliability	reliability	NOUN
fbem-31122	260	10	of	of	ADP
fbem-31122	260	11	the	the	DET
fbem-31122	260	12	did	did	ADJ
fbem-31122	260	13	model	model	NOUN
fbem-31122	260	14	after	after	SCONJ
fbem-31122	260	15	the	the	DET
fbem-31122	260	16	baseline	baseline	PROPN
fbem-31122	260	17	regression	regression	NOUN
fbem-31122	260	18	analysis	analysis	NOUN
fbem-31122	260	19	is	be	AUX
fbem-31122	260	20	completed	complete	VERB
fbem-31122	260	21	,	,	PUNCT
fbem-31122	260	22	therefore	therefore	ADV
fbem-31122	260	23	,	,	PUNCT
fbem-31122	260	24	researchers	researcher	NOUN
fbem-31122	260	25	typically	typically	ADV
fbem-31122	260	26	test	test	VERB
fbem-31122	260	27	the	the	DET
fbem-31122	260	28	model	model	NOUN
fbem-31122	260	29	with	with	ADP
fbem-31122	260	30	a	a	DET
fbem-31122	260	31	placebo	placebo	NOUN
fbem-31122	260	32	after	after	ADP
fbem-31122	260	33	conducting	conduct	VERB
fbem-31122	260	34	the	the	DET
fbem-31122	260	35	did	did	ADJ
fbem-31122	260	36	model	model	NOUN
fbem-31122	260	37	regression	regression	PROPN
fbem-31122	260	38	(	(	PUNCT
fbem-31122	260	39	chen	chen	PROPN
fbem-31122	260	40	et	et	PROPN
fbem-31122	260	41	al	al	PROPN
fbem-31122	260	42	.	.	PROPN
fbem-31122	260	43	,	,	PUNCT
fbem-31122	260	44	2023	2023	NUM
fbem-31122	260	45	;	;	PUNCT
fbem-31122	260	46	wang	wang	PROPN
fbem-31122	260	47	,	,	PUNCT
fbem-31122	260	48	2023	2023	NUM
fbem-31122	260	49	)	)	PUNCT
fbem-31122	260	50	.	.	PUNCT
fbem-31122	261	1	in	in	ADP
fbem-31122	261	2	the	the	DET
fbem-31122	261	3	placebo	placebo	NOUN
fbem-31122	261	4	test	test	NOUN
fbem-31122	261	5	,	,	PUNCT
fbem-31122	261	6	one	one	NUM
fbem-31122	261	7	thousand	thousand	NUM
fbem-31122	261	8	repeated	repeat	VERB
fbem-31122	261	9	regressions	regression	NOUN
fbem-31122	261	10	were	be	AUX
fbem-31122	261	11	conducted	conduct	VERB
fbem-31122	261	12	on	on	ADP
fbem-31122	261	13	randomly	randomly	ADV
fbem-31122	261	14	selected	select	VERB
fbem-31122	261	15	experimental	experimental	ADJ
fbem-31122	261	16	groups	group	NOUN
fbem-31122	261	17	,	,	PUNCT
fbem-31122	261	18	and	and	CCONJ
fbem-31122	261	19	nuclear	nuclear	ADJ
fbem-31122	261	20	density	density	NOUN
fbem-31122	261	21	plots	plot	NOUN
fbem-31122	261	22	were	be	AUX
fbem-31122	261	23	generated	generate	VERB
fbem-31122	261	24	to	to	PART
fbem-31122	261	25	determine	determine	VERB
fbem-31122	261	26	the	the	DET
fbem-31122	261	27	presence	presence	NOUN
fbem-31122	261	28	of	of	ADP
fbem-31122	261	29	an	an	DET
fbem-31122	261	30	intervention	intervention	NOUN
fbem-31122	261	31	effect	effect	NOUN
fbem-31122	261	32	.	.	PUNCT
fbem-31122	262	1	the	the	DET
fbem-31122	262	2	nuclear	nuclear	ADJ
fbem-31122	262	3	density	density	NOUN
fbem-31122	262	4	figure	figure	NOUN
fbem-31122	262	5	in	in	ADP
fbem-31122	262	6	figure	figure	NOUN
fbem-31122	262	7	2	2	NUM
fbem-31122	262	8	reflects	reflect	VERB
fbem-31122	262	9	the	the	DET
fbem-31122	262	10	distribution	distribution	NOUN
fbem-31122	262	11	of	of	ADP
fbem-31122	262	12	did	do	AUX
fbem-31122	262	13	estimators	estimator	NOUN
fbem-31122	262	14	and	and	CCONJ
fbem-31122	262	15	their	their	PRON
fbem-31122	262	16	respective	respective	ADJ
fbem-31122	262	17	possible	possible	ADJ
fbem-31122	262	18	confidence	confidence	NOUN
fbem-31122	262	19	intervals	interval	NOUN
fbem-31122	262	20	.	.	PUNCT
fbem-31122	263	1	figure	figure	NOUN
fbem-31122	263	2	2	2	NUM
fbem-31122	263	3	.	.	PUNCT
fbem-31122	263	4	placebo	placebo	NOUN
fbem-31122	263	5	test	test	NOUN
fbem-31122	263	6	nuclear	nuclear	ADJ
fbem-31122	263	7	density	density	NOUN
fbem-31122	263	8	figure	figure	NOUN
fbem-31122	263	9	as	as	SCONJ
fbem-31122	263	10	seen	see	VERB
fbem-31122	263	11	in	in	ADP
fbem-31122	263	12	the	the	DET
fbem-31122	263	13	figure	figure	NOUN
fbem-31122	263	14	above	above	ADV
fbem-31122	263	15	,	,	PUNCT
fbem-31122	263	16	the	the	DET
fbem-31122	263	17	estimated	estimate	VERB
fbem-31122	263	18	coefficients	coefficient	NOUN
fbem-31122	263	19	of	of	ADP
fbem-31122	263	20	the	the	DET
fbem-31122	263	21	capital	capital	NOUN
fbem-31122	263	22	structure	structure	NOUN
fbem-31122	263	23	of	of	ADP
fbem-31122	263	24	manufacturing	manufacturing	NOUN
fbem-31122	263	25	enterprises	enterprise	NOUN
fbem-31122	263	26	(	(	PUNCT
fbem-31122	263	27	the	the	DET
fbem-31122	263	28	variable	variable	NOUN
fbem-31122	263	29	being	be	AUX
fbem-31122	263	30	explained	explain	VERB
fbem-31122	263	31	)	)	PUNCT
fbem-31122	263	32	are	be	AUX
fbem-31122	263	33	evenly	evenly	ADV
fbem-31122	263	34	distributed	distribute	VERB
fbem-31122	263	35	around	around	ADP
fbem-31122	263	36	zero	zero	NUM
fbem-31122	263	37	and	and	CCONJ
fbem-31122	263	38	fail	fail	VERB
fbem-31122	263	39	the	the	DET
fbem-31122	263	40	significance	significance	NOUN
fbem-31122	263	41	test	test	NOUN
fbem-31122	263	42	.	.	PUNCT
fbem-31122	264	1	in	in	ADP
fbem-31122	264	2	other	other	ADJ
fbem-31122	264	3	words	word	NOUN
fbem-31122	264	4	,	,	PUNCT
fbem-31122	264	5	the	the	DET
fbem-31122	264	6	did	did	ADJ
fbem-31122	264	7	model	model	NOUN
fbem-31122	264	8	estimates	estimate	NOUN
fbem-31122	264	9	demonstrated	demonstrate	VERB
fbem-31122	264	10	a	a	DET
fbem-31122	264	11	significant	significant	ADJ
fbem-31122	264	12	intervention	intervention	NOUN
fbem-31122	264	13	effect	effect	NOUN
fbem-31122	264	14	for	for	ADP
fbem-31122	264	15	the	the	DET
fbem-31122	264	16	actual	actual	ADJ
fbem-31122	264	17	treatment	treatment	NOUN
fbem-31122	264	18	group	group	NOUN
fbem-31122	264	19	but	but	CCONJ
fbem-31122	264	20	did	do	AUX
fbem-31122	264	21	not	not	PART
fbem-31122	264	22	demonstrate	demonstrate	VERB
fbem-31122	264	23	a	a	DET
fbem-31122	264	24	similar	similar	ADJ
fbem-31122	264	25	intervention	intervention	NOUN
fbem-31122	264	26	effect	effect	NOUN
fbem-31122	264	27	for	for	ADP
fbem-31122	264	28	the	the	DET
fbem-31122	264	29	placebo	placebo	NOUN
fbem-31122	264	30	treatment	treatment	NOUN
fbem-31122	264	31	group	group	NOUN
fbem-31122	264	32	;	;	PUNCT
fbem-31122	264	33	therefore	therefore	ADV
fbem-31122	264	34	,	,	PUNCT
fbem-31122	264	35	the	the	DET
fbem-31122	264	36	did	did	ADJ
fbem-31122	264	37	model	model	NOUN
fbem-31122	264	38	results	result	NOUN
fbem-31122	264	39	can	can	AUX
fbem-31122	264	40	be	be	AUX
fbem-31122	264	41	considered	consider	VERB
fbem-31122	264	42	reliable	reliable	ADJ
fbem-31122	264	43	.	.	PUNCT
fbem-31122	265	1	in	in	ADP
fbem-31122	265	2	other	other	ADJ
fbem-31122	265	3	words	word	NOUN
fbem-31122	265	4	,	,	PUNCT
fbem-31122	265	5	the	the	DET
fbem-31122	265	6	intervention	intervention	ADJ
fbem-31122	265	7	effect	effect	NOUN
fbem-31122	265	8	in	in	ADP
fbem-31122	265	9	the	the	DET
fbem-31122	265	10	actual	actual	ADJ
fbem-31122	265	11	treated	treat	VERB
fbem-31122	265	12	group	group	NOUN
fbem-31122	265	13	was	be	AUX
fbem-31122	265	14	not	not	PART
fbem-31122	265	15	attributable	attributable	ADJ
fbem-31122	265	16	to	to	ADP
fbem-31122	265	17	random	random	ADJ
fbem-31122	265	18	variables	variable	NOUN
fbem-31122	265	19	,	,	PUNCT
fbem-31122	265	20	but	but	CCONJ
fbem-31122	265	21	rather	rather	ADV
fbem-31122	265	22	to	to	ADP
fbem-31122	265	23	actual	actual	ADJ
fbem-31122	265	24	policy	policy	NOUN
fbem-31122	265	25	interventions	intervention	NOUN
fbem-31122	265	26	.	.	PUNCT
fbem-31122	266	1	this	this	DET
fbem-31122	266	2	result	result	NOUN
fbem-31122	266	3	was	be	AUX
fbem-31122	266	4	consistent	consistent	ADJ
fbem-31122	266	5	with	with	ADP
fbem-31122	266	6	the	the	DET
fbem-31122	266	7	placebo	placebo	NOUN
fbem-31122	266	8	test	test	NOUN
fbem-31122	266	9	's	's	PART
fbem-31122	266	10	hypotheses	hypothesis	NOUN
fbem-31122	266	11	and	and	CCONJ
fbem-31122	266	12	confirmed	confirm	VERB
fbem-31122	266	13	the	the	DET
fbem-31122	266	14	validity	validity	NOUN
fbem-31122	266	15	and	and	CCONJ
fbem-31122	266	16	dependability	dependability	NOUN
fbem-31122	266	17	of	of	ADP
fbem-31122	266	18	the	the	DET
fbem-31122	266	19	baseline	baseline	PROPN
fbem-31122	266	20	regression	regression	NOUN
fbem-31122	266	21	findings	finding	NOUN
fbem-31122	266	22	.	.	PUNCT
fbem-31122	267	1	5.4	5.4	NUM
fbem-31122	267	2	.	.	PUNCT
fbem-31122	267	3	propensity	propensity	NOUN
fbem-31122	267	4	score	score	NOUN
fbem-31122	267	5	matching	matching	NOUN
fbem-31122	267	6	propensity	propensity	NOUN
fbem-31122	267	7	score	score	NOUN
fbem-31122	267	8	matching	match	VERB
fbem-31122	267	9	difference	difference	NOUN
fbem-31122	267	10	-	-	PUNCT
fbem-31122	267	11	in	in	ADP
fbem-31122	267	12	-	-	PUNCT
fbem-31122	267	13	differences	difference	NOUN
fbem-31122	267	14	(	(	PUNCT
fbem-31122	267	15	psm	psm	NOUN
fbem-31122	267	16	-	-	PUNCT
fbem-31122	267	17	did	do	AUX
fbem-31122	267	18	)	)	PUNCT
fbem-31122	267	19	is	be	AUX
fbem-31122	267	20	an	an	DET
fbem-31122	267	21	analytical	analytical	ADJ
fbem-31122	267	22	technique	technique	NOUN
fbem-31122	267	23	that	that	PRON
fbem-31122	267	24	incorporates	incorporate	VERB
fbem-31122	267	25	propensity	propensity	NOUN
fbem-31122	267	26	score	score	NOUN
fbem-31122	267	27	matching	matching	NOUN
fbem-31122	267	28	(	(	PUNCT
fbem-31122	267	29	psm	psm	NOUN
fbem-31122	267	30	)	)	PUNCT
fbem-31122	267	31	and	and	CCONJ
fbem-31122	267	32	difference	difference	NOUN
fbem-31122	267	33	-	-	PUNCT
fbem-31122	267	34	indifference	indifference	NOUN
fbem-31122	267	35	methods	method	NOUN
fbem-31122	267	36	(	(	PUNCT
fbem-31122	267	37	did	do	AUX
fbem-31122	267	38	)	)	PUNCT
fbem-31122	267	39	.	.	PUNCT
fbem-31122	268	1	it	it	PRON
fbem-31122	268	2	is	be	AUX
fbem-31122	268	3	used	use	VERB
fbem-31122	268	4	to	to	PART
fbem-31122	268	5	address	address	VERB
fbem-31122	268	6	the	the	DET
fbem-31122	268	7	selfselection	selfselection	NOUN
fbem-31122	268	8	bias	bias	NOUN
fbem-31122	268	9	in	in	ADP
fbem-31122	268	10	observational	observational	ADJ
fbem-31122	268	11	data	datum	NOUN
fbem-31122	268	12	in	in	ADP
fbem-31122	268	13	order	order	NOUN
fbem-31122	268	14	to	to	PART
fbem-31122	268	15	estimate	estimate	VERB
fbem-31122	268	16	the	the	DET
fbem-31122	268	17	effect	effect	NOUN
fbem-31122	268	18	of	of	ADP
fbem-31122	268	19	policy	policy	NOUN
fbem-31122	268	20	intervention	intervention	NOUN
fbem-31122	268	21	more	more	ADV
fbem-31122	268	22	precisely	precisely	ADV
fbem-31122	268	23	.	.	PUNCT
fbem-31122	269	1	huang	huang	PROPN
fbem-31122	269	2	et	et	PROPN
fbem-31122	269	3	al	al	PROPN
fbem-31122	269	4	,	,	PUNCT
fbem-31122	269	5	150	150	NUM
fbem-31122	269	6	(	(	PUNCT
fbem-31122	269	7	2021	2021	NUM
fbem-31122	269	8	)	)	PUNCT
fbem-31122	269	9	tested	test	VERB
fbem-31122	269	10	the	the	DET
fbem-31122	269	11	regression	regression	NOUN
fbem-31122	269	12	results	result	NOUN
fbem-31122	269	13	robustly	robustly	ADV
fbem-31122	269	14	using	use	VERB
fbem-31122	269	15	the	the	DET
fbem-31122	269	16	psmdid	psmdid	ADJ
fbem-31122	269	17	method	method	NOUN
fbem-31122	269	18	after	after	ADP
fbem-31122	269	19	using	use	VERB
fbem-31122	269	20	the	the	DET
fbem-31122	269	21	did	did	ADJ
fbem-31122	269	22	model	model	NOUN
fbem-31122	269	23	.	.	PUNCT
fbem-31122	270	1	the	the	DET
fbem-31122	270	2	results	result	NOUN
fbem-31122	270	3	are	be	AUX
fbem-31122	270	4	shown	show	VERB
fbem-31122	270	5	in	in	ADP
fbem-31122	270	6	figure	figure	NOUN
fbem-31122	270	7	3	3	NUM
fbem-31122	270	8	below	below	ADV
fbem-31122	270	9	.	.	PUNCT
fbem-31122	271	1	(	(	PUNCT
fbem-31122	271	2	1	1	X
fbem-31122	271	3	)	)	PUNCT
fbem-31122	271	4	(	(	PUNCT
fbem-31122	271	5	2	2	X
fbem-31122	271	6	)	)	PUNCT
fbem-31122	271	7	figure	figure	NOUN
fbem-31122	271	8	3	3	NUM
fbem-31122	271	9	.	.	PUNCT
fbem-31122	271	10	nuclear	nuclear	ADJ
fbem-31122	271	11	density	density	NOUN
fbem-31122	271	12	curve	curve	NOUN
fbem-31122	271	13	before	before	SCONJ
fbem-31122	271	14	match	match	VERB
fbem-31122	271	15	the	the	DET
fbem-31122	271	16	baseline	baseline	NOUN
fbem-31122	271	17	model	model	NOUN
fbem-31122	271	18	(	(	PUNCT
fbem-31122	271	19	1	1	X
fbem-31122	271	20	)	)	PUNCT
fbem-31122	271	21	was	be	AUX
fbem-31122	271	22	tested	test	VERB
fbem-31122	271	23	for	for	ADP
fbem-31122	271	24	did	do	AUX
fbem-31122	271	25	based	base	VERB
fbem-31122	271	26	on	on	ADP
fbem-31122	271	27	the	the	DET
fbem-31122	271	28	psm	psm	NOUN
fbem-31122	271	29	matching	matching	NOUN
fbem-31122	271	30	results	result	NOUN
fbem-31122	271	31	,	,	PUNCT
fbem-31122	271	32	the	the	DET
fbem-31122	271	33	regression	regression	NOUN
fbem-31122	271	34	results	result	NOUN
fbem-31122	271	35	are	be	AUX
fbem-31122	271	36	shown	show	VERB
fbem-31122	271	37	in	in	ADP
fbem-31122	271	38	table	table	NOUN
fbem-31122	271	39	7	7	NUM
fbem-31122	271	40	below	below	ADV
fbem-31122	271	41	.	.	PUNCT
fbem-31122	272	1	table	table	NOUN
fbem-31122	272	2	7	7	NUM
fbem-31122	272	3	.	.	PUNCT
fbem-31122	273	1	results	result	NOUN
fbem-31122	273	2	of	of	ADP
fbem-31122	273	3	robustness	robustness	NOUN
fbem-31122	273	4	test	test	NOUN
fbem-31122	273	5	for	for	ADP
fbem-31122	273	6	psm	psm	NOUN
fbem-31122	273	7	-	-	PUNCT
fbem-31122	273	8	did	did	ADJ
fbem-31122	273	9	model	model	NOUN
fbem-31122	273	10	variable	variable	NOUN
fbem-31122	273	11	the	the	DET
fbem-31122	273	12	capital	capital	NOUN
fbem-31122	273	13	structure	structure	NOUN
fbem-31122	273	14	of	of	ADP
fbem-31122	273	15	the	the	DET
fbem-31122	273	16	enterprise	enterprise	NOUN
fbem-31122	273	17	(	(	PUNCT
fbem-31122	273	18	1	1	NUM
fbem-31122	273	19	)	)	PUNCT
fbem-31122	273	20	(	(	PUNCT
fbem-31122	273	21	2	2	NUM
fbem-31122	273	22	)	)	PUNCT
fbem-31122	273	23	(	(	PUNCT
fbem-31122	273	24	3	3	X
fbem-31122	273	25	)	)	PUNCT
fbem-31122	273	26	did	do	AUX
fbem-31122	273	27	-0.191	-0.191	NOUN
fbem-31122	273	28	*	*	PUNCT
fbem-31122	273	29	*	*	PUNCT
fbem-31122	273	30	*	*	PUNCT
fbem-31122	273	31	-0.186	-0.186	PUNCT
fbem-31122	273	32	*	*	PUNCT
fbem-31122	273	33	*	*	PUNCT
fbem-31122	273	34	*	*	PUNCT
fbem-31122	274	1	-0.191	-0.191	PUNCT
fbem-31122	274	2	*	*	PUNCT
fbem-31122	275	1	*	*	PUNCT
fbem-31122	275	2	*	*	PUNCT
fbem-31122	275	3	(	(	PUNCT
fbem-31122	275	4	-3.44	-3.44	NUM
fbem-31122	275	5	)	)	PUNCT
fbem-31122	275	6	(	(	PUNCT
fbem-31122	275	7	-3.31	-3.31	NOUN
fbem-31122	275	8	)	)	PUNCT
fbem-31122	275	9	(	(	PUNCT
fbem-31122	275	10	-3.42	-3.42	NUM
fbem-31122	275	11	)	)	PUNCT
fbem-31122	275	12	size	size	NOUN
fbem-31122	275	13	-0.395	-0.395	PROPN
fbem-31122	275	14	0.014	0.014	NUM
fbem-31122	275	15	-0.354	-0.354	X
fbem-31122	275	16	(	(	PUNCT
fbem-31122	275	17	-1.36	-1.36	NOUN
fbem-31122	275	18	)	)	PUNCT
fbem-31122	275	19	-0.12	-0.12	NUM
fbem-31122	275	20	(	(	PUNCT
fbem-31122	275	21	-1.15	-1.15	NOUN
fbem-31122	275	22	)	)	PUNCT
fbem-31122	275	23	growth	growth	NOUN
fbem-31122	275	24	0.166	0.166	NUM
fbem-31122	275	25	*	*	PUNCT
fbem-31122	275	26	*	*	PUNCT
fbem-31122	275	27	*	*	PUNCT
fbem-31122	275	28	0.145	0.145	NUM
fbem-31122	275	29	*	*	PUNCT
fbem-31122	275	30	*	*	PUNCT
fbem-31122	275	31	*	*	PUNCT
fbem-31122	275	32	0.164	0.164	NUM
fbem-31122	275	33	*	*	PUNCT
fbem-31122	275	34	*	*	PUNCT
fbem-31122	275	35	*	*	PUNCT
fbem-31122	275	36	(	(	PUNCT
fbem-31122	275	37	4.04	4.04	NUM
fbem-31122	275	38	)	)	PUNCT
fbem-31122	275	39	(	(	PUNCT
fbem-31122	275	40	4.36	4.36	NUM
fbem-31122	275	41	)	)	PUNCT
fbem-31122	275	42	(	(	PUNCT
fbem-31122	275	43	3.98	3.98	NUM
fbem-31122	275	44	)	)	PUNCT
fbem-31122	275	45	ndts	ndts	VERB
fbem-31122	275	46	1.048	1.048	NUM
fbem-31122	275	47	*	*	PUNCT
fbem-31122	275	48	*	*	PUNCT
fbem-31122	275	49	*	*	PUNCT
fbem-31122	275	50	1.049	1.049	NUM
fbem-31122	275	51	*	*	PUNCT
fbem-31122	275	52	*	*	PUNCT
fbem-31122	275	53	*	*	PUNCT
fbem-31122	275	54	1.048	1.048	NUM
fbem-31122	275	55	*	*	PUNCT
fbem-31122	275	56	*	*	PUNCT
fbem-31122	275	57	*	*	PUNCT
fbem-31122	275	58	(	(	PUNCT
fbem-31122	275	59	7.55	7.55	NUM
fbem-31122	275	60	)	)	PUNCT
fbem-31122	275	61	(	(	PUNCT
fbem-31122	275	62	8.16	8.16	NUM
fbem-31122	275	63	)	)	PUNCT
fbem-31122	275	64	(	(	PUNCT
fbem-31122	275	65	7.69	7.69	NUM
fbem-31122	275	66	)	)	PUNCT
fbem-31122	275	67	roe	roe	NOUN
fbem-31122	275	68	-0.241	-0.241	X
fbem-31122	275	69	-0.304	-0.304	PUNCT
fbem-31122	275	70	-0.237	-0.237	PUNCT
fbem-31122	275	71	(	(	PUNCT
fbem-31122	275	72	-0.96	-0.96	NUM
fbem-31122	275	73	)	)	PUNCT
fbem-31122	275	74	(	(	PUNCT
fbem-31122	275	75	-1.25	-1.25	NOUN
fbem-31122	275	76	)	)	PUNCT
fbem-31122	275	77	(	(	PUNCT
fbem-31122	275	78	-0.93	-0.93	X
fbem-31122	275	79	)	)	PUNCT
fbem-31122	275	80	cons	con	NOUN
fbem-31122	275	81	1.498	1.498	NUM
fbem-31122	275	82	*	*	NOUN
fbem-31122	275	83	*	*	PUNCT
fbem-31122	275	84	*	*	PUNCT
fbem-31122	275	85	1.180	1.180	NUM
fbem-31122	275	86	*	*	PUNCT
fbem-31122	275	87	*	*	PUNCT
fbem-31122	275	88	*	*	PUNCT
fbem-31122	275	89	1.477	1.477	NUM
fbem-31122	275	90	*	*	PUNCT
fbem-31122	275	91	*	*	PUNCT
fbem-31122	275	92	*	*	PUNCT
fbem-31122	275	93	(	(	PUNCT
fbem-31122	275	94	5.92	5.92	NUM
fbem-31122	275	95	)	)	PUNCT
fbem-31122	275	96	(	(	PUNCT
fbem-31122	275	97	10.53	10.53	NUM
fbem-31122	275	98	)	)	PUNCT
fbem-31122	275	99	(	(	PUNCT
fbem-31122	275	100	5.71	5.71	NUM
fbem-31122	275	101	)	)	PUNCT
fbem-31122	275	102	year	year	NOUN
fbem-31122	275	103	-	-	PUNCT
fbem-31122	275	104	fixed	fix	VERB
fbem-31122	275	105	-	-	PUNCT
fbem-31122	275	106	effects	effect	NOUN
fbem-31122	276	1	yes	yes	INTJ
fbem-31122	276	2	no	no	INTJ
fbem-31122	276	3	yes	yes	INTJ
fbem-31122	276	4	individual	individual	ADJ
fbem-31122	276	5	-	-	PUNCT
fbem-31122	276	6	fixed	fix	VERB
fbem-31122	276	7	-	-	PUNCT
fbem-31122	276	8	effects	effect	NOUN
fbem-31122	277	1	no	no	INTJ
fbem-31122	277	2	yes	yes	INTJ
fbem-31122	277	3	yes	yes	INTJ
fbem-31122	277	4	r	r	NOUN
fbem-31122	277	5	-	-	PUNCT
fbem-31122	277	6	squared	square	VERB
fbem-31122	277	7	0.943	0.943	NUM
fbem-31122	277	8	0.942	0.942	NUM
fbem-31122	277	9	0.943	0.943	NUM
fbem-31122	277	10	n	n	PROPN
fbem-31122	277	11	967	967	NUM
fbem-31122	277	12	967	967	NUM
fbem-31122	277	13	967	967	NUM
fbem-31122	277	14	note	note	VERB
fbem-31122	277	15	:	:	PUNCT
fbem-31122	277	16	in	in	ADP
fbem-31122	277	17	parentheses	parenthesis	NOUN
fbem-31122	277	18	are	be	AUX
fbem-31122	277	19	the	the	DET
fbem-31122	277	20	standard	standard	ADJ
fbem-31122	277	21	errors	error	NOUN
fbem-31122	277	22	of	of	ADP
fbem-31122	277	23	regression	regression	NOUN
fbem-31122	277	24	coefficients	coefficient	NOUN
fbem-31122	277	25	.	.	PUNCT
fbem-31122	278	1	*	*	PUNCT
fbem-31122	278	2	,	,	PUNCT
fbem-31122	278	3	*	*	PUNCT
fbem-31122	279	1	*	*	PUNCT
fbem-31122	279	2	,	,	PUNCT
fbem-31122	279	3	*	*	PUNCT
fbem-31122	279	4	*	*	PUNCT
fbem-31122	279	5	*	*	PUNCT
fbem-31122	279	6	are	be	AUX
fbem-31122	279	7	significant	significant	ADJ
fbem-31122	279	8	at	at	ADP
fbem-31122	279	9	10	10	NUM
fbem-31122	279	10	%	%	NOUN
fbem-31122	279	11	,	,	PUNCT
fbem-31122	279	12	5	5	NUM
fbem-31122	279	13	%	%	NOUN
fbem-31122	279	14	,	,	PUNCT
fbem-31122	279	15	1	1	NUM
fbem-31122	279	16	%	%	NOUN
fbem-31122	279	17	levels	level	NOUN
fbem-31122	279	18	,	,	PUNCT
fbem-31122	279	19	respectively	respectively	ADV
fbem-31122	279	20	.	.	PUNCT
fbem-31122	280	1	as	as	SCONJ
fbem-31122	280	2	shown	show	VERB
fbem-31122	280	3	in	in	ADP
fbem-31122	280	4	table	table	NOUN
fbem-31122	280	5	7	7	NUM
fbem-31122	280	6	above	above	ADV
fbem-31122	280	7	,	,	PUNCT
fbem-31122	280	8	column	column	NOUN
fbem-31122	280	9	(	(	PUNCT
fbem-31122	280	10	1	1	X
fbem-31122	280	11	)	)	PUNCT
fbem-31122	280	12	added	add	VERB
fbem-31122	280	13	only	only	ADV
fbem-31122	280	14	the	the	DET
fbem-31122	280	15	time	time	NOUN
fbem-31122	280	16	fixed	fix	VERB
fbem-31122	280	17	effect	effect	NOUN
fbem-31122	280	18	,	,	PUNCT
fbem-31122	280	19	column	column	NOUN
fbem-31122	280	20	(	(	PUNCT
fbem-31122	280	21	2	2	X
fbem-31122	280	22	)	)	PUNCT
fbem-31122	280	23	added	add	VERB
fbem-31122	280	24	only	only	ADV
fbem-31122	280	25	the	the	DET
fbem-31122	280	26	individual	individual	ADJ
fbem-31122	280	27	fixed	fix	VERB
fbem-31122	280	28	effect	effect	NOUN
fbem-31122	280	29	,	,	PUNCT
fbem-31122	280	30	and	and	CCONJ
fbem-31122	280	31	column	column	NOUN
fbem-31122	280	32	(	(	PUNCT
fbem-31122	280	33	3	3	NUM
fbem-31122	280	34	)	)	PUNCT
fbem-31122	280	35	for	for	ADP
fbem-31122	280	36	the	the	DET
fbem-31122	280	37	time	time	NOUN
fbem-31122	280	38	individual	individual	ADJ
fbem-31122	280	39	double	double	ADJ
fbem-31122	280	40	fixed	fix	VERB
fbem-31122	280	41	effect	effect	NOUN
fbem-31122	280	42	.	.	PUNCT
fbem-31122	281	1	the	the	DET
fbem-31122	281	2	interaction	interaction	NOUN
fbem-31122	281	3	did	do	VERB
fbem-31122	281	4	coefficients	coefficient	NOUN
fbem-31122	281	5	of	of	ADP
fbem-31122	281	6	the	the	DET
fbem-31122	281	7	three	three	NUM
fbem-31122	281	8	groups	group	NOUN
fbem-31122	281	9	were	be	AUX
fbem-31122	281	10	0.191	0.191	NUM
fbem-31122	281	11	,	,	PUNCT
fbem-31122	281	12	-0.186	-0.186	NUM
fbem-31122	281	13	,	,	PUNCT
fbem-31122	281	14	and	and	CCONJ
fbem-31122	281	15	-0.191	-0.191	NOUN
fbem-31122	281	16	,	,	PUNCT
fbem-31122	281	17	respectively	respectively	ADV
fbem-31122	281	18	,	,	PUNCT
fbem-31122	281	19	and	and	CCONJ
fbem-31122	281	20	were	be	AUX
fbem-31122	281	21	significant	significant	ADJ
fbem-31122	281	22	at	at	ADP
fbem-31122	281	23	the	the	DET
fbem-31122	281	24	1	1	NUM
fbem-31122	281	25	%	%	NOUN
fbem-31122	281	26	confidence	confidence	NOUN
fbem-31122	281	27	level	level	NOUN
fbem-31122	281	28	.	.	PUNCT
fbem-31122	282	1	this	this	PRON
fbem-31122	282	2	is	be	AUX
fbem-31122	282	3	consistent	consistent	ADJ
fbem-31122	282	4	with	with	ADP
fbem-31122	282	5	the	the	DET
fbem-31122	282	6	results	result	NOUN
fbem-31122	282	7	of	of	ADP
fbem-31122	282	8	the	the	DET
fbem-31122	282	9	reference	reference	NOUN
fbem-31122	282	10	regression	regression	NOUN
fbem-31122	282	11	,	,	PUNCT
fbem-31122	282	12	demonstrating	demonstrate	VERB
fbem-31122	282	13	the	the	DET
fbem-31122	282	14	validity	validity	NOUN
fbem-31122	282	15	of	of	ADP
fbem-31122	282	16	the	the	DET
fbem-31122	282	17	conclusions	conclusion	NOUN
fbem-31122	282	18	.	.	PUNCT
fbem-31122	283	1	6	6	NUM
fbem-31122	283	2	.	.	X
fbem-31122	283	3	conclusion	conclusion	NOUN
fbem-31122	283	4	&	&	CCONJ
fbem-31122	283	5	discussion	discussion	NOUN
fbem-31122	283	6	6.1	6.1	NUM
fbem-31122	283	7	.	.	PUNCT
fbem-31122	284	1	conclusion	conclusion	NOUN
fbem-31122	284	2	this	this	DET
fbem-31122	284	3	paper	paper	NOUN
fbem-31122	284	4	uses	use	VERB
fbem-31122	284	5	the	the	DET
fbem-31122	284	6	relevant	relevant	ADJ
fbem-31122	284	7	data	datum	NOUN
fbem-31122	284	8	of	of	ADP
fbem-31122	284	9	british	british	ADJ
fbem-31122	284	10	manufacturing	manufacturing	NOUN
fbem-31122	284	11	enterprises	enterprise	NOUN
fbem-31122	284	12	from	from	ADP
fbem-31122	284	13	2015	2015	NUM
fbem-31122	284	14	to	to	ADP
fbem-31122	284	15	2022	2022	NUM
fbem-31122	284	16	as	as	ADP
fbem-31122	284	17	the	the	DET
fbem-31122	284	18	research	research	NOUN
fbem-31122	284	19	object	object	NOUN
fbem-31122	284	20	and	and	CCONJ
fbem-31122	284	21	uses	use	VERB
fbem-31122	284	22	the	the	DET
fbem-31122	284	23	issue	issue	NOUN
fbem-31122	284	24	of	of	ADP
fbem-31122	284	25	net	net	ADJ
fbem-31122	284	26	zero	zero	NUM
fbem-31122	284	27	and	and	CCONJ
fbem-31122	284	28	the	the	DET
fbem-31122	284	29	future	future	NOUN
fbem-31122	284	30	of	of	ADP
fbem-31122	284	31	green	green	ADJ
fbem-31122	284	32	finance	finance	NOUN
fbem-31122	284	33	in	in	ADP
fbem-31122	284	34	2019	2019	NUM
fbem-31122	284	35	as	as	ADP
fbem-31122	284	36	a	a	DET
fbem-31122	284	37	quasi	quasi	ADJ
fbem-31122	284	38	-	-	ADJ
fbem-31122	284	39	natural	natural	ADJ
fbem-31122	284	40	experiment	experiment	NOUN
fbem-31122	284	41	.	.	PUNCT
fbem-31122	285	1	this	this	DET
fbem-31122	285	2	paper	paper	NOUN
fbem-31122	285	3	discusses	discuss	VERB
fbem-31122	285	4	and	and	CCONJ
fbem-31122	285	5	tests	test	VERB
fbem-31122	285	6	the	the	DET
fbem-31122	285	7	effect	effect	NOUN
fbem-31122	285	8	of	of	ADP
fbem-31122	285	9	green	green	ADJ
fbem-31122	285	10	finance	finance	NOUN
fbem-31122	285	11	policy	policy	NOUN
fbem-31122	285	12	on	on	ADP
fbem-31122	285	13	the	the	DET
fbem-31122	285	14	capital	capital	NOUN
fbem-31122	285	15	structure	structure	NOUN
fbem-31122	285	16	of	of	ADP
fbem-31122	285	17	capital	capital	NOUN
fbem-31122	285	18	goods	good	NOUN
fbem-31122	285	19	manufacturing	manufacturing	NOUN
fbem-31122	285	20	enterprises	enterprise	NOUN
fbem-31122	285	21	.	.	PUNCT
fbem-31122	286	1	the	the	DET
fbem-31122	286	2	following	follow	VERB
fbem-31122	286	3	are	be	AUX
fbem-31122	286	4	the	the	DET
fbem-31122	286	5	conclusions	conclusion	NOUN
fbem-31122	286	6	:	:	PUNCT
fbem-31122	286	7	firstly	firstly	ADV
fbem-31122	286	8	,	,	PUNCT
fbem-31122	286	9	green	green	ADJ
fbem-31122	286	10	finance	finance	NOUN
fbem-31122	286	11	policy	policy	NOUN
fbem-31122	286	12	has	have	AUX
fbem-31122	286	13	a	a	DET
fbem-31122	286	14	significant	significant	ADJ
fbem-31122	286	15	impact	impact	NOUN
fbem-31122	286	16	on	on	ADP
fbem-31122	286	17	the	the	DET
fbem-31122	286	18	capital	capital	NOUN
fbem-31122	286	19	structure	structure	NOUN
fbem-31122	286	20	of	of	ADP
fbem-31122	286	21	manufacturing	manufacturing	NOUN
fbem-31122	286	22	companies	company	NOUN
fbem-31122	286	23	.	.	PUNCT
fbem-31122	287	1	shi	shi	PROPN
fbem-31122	287	2	et	et	PROPN
fbem-31122	287	3	al	al	PROPN
fbem-31122	287	4	.	.	PROPN
fbem-31122	287	5	(	(	PUNCT
fbem-31122	287	6	2022	2022	NUM
fbem-31122	287	7	)	)	PUNCT
fbem-31122	287	8	reached	reach	VERB
fbem-31122	287	9	the	the	DET
fbem-31122	287	10	same	same	ADJ
fbem-31122	287	11	conclusion	conclusion	NOUN
fbem-31122	287	12	when	when	SCONJ
fbem-31122	287	13	examining	examine	VERB
fbem-31122	287	14	the	the	DET
fbem-31122	287	15	effect	effect	NOUN
fbem-31122	287	16	of	of	ADP
fbem-31122	287	17	green	green	ADJ
fbem-31122	287	18	finance	finance	NOUN
fbem-31122	287	19	policies	policy	NOUN
fbem-31122	287	20	on	on	ADP
fbem-31122	287	21	the	the	DET
fbem-31122	287	22	debt	debt	NOUN
fbem-31122	287	23	financing	financing	NOUN
fbem-31122	287	24	costs	cost	NOUN
fbem-31122	287	25	of	of	ADP
fbem-31122	287	26	highly	highly	ADV
fbem-31122	287	27	polluting	polluting	ADJ
fbem-31122	287	28	businesses	business	NOUN
fbem-31122	287	29	.	.	PUNCT
fbem-31122	288	1	the	the	DET
fbem-31122	288	2	interaction	interaction	NOUN
fbem-31122	288	3	term	term	NOUN
fbem-31122	288	4	coefficient	coefficient	NOUN
fbem-31122	288	5	of	of	ADP
fbem-31122	288	6	the	the	DET
fbem-31122	288	7	difference	difference	NOUN
fbem-31122	288	8	-	-	PUNCT
fbem-31122	288	9	in	in	ADP
fbem-31122	288	10	-	-	PUNCT
fbem-31122	288	11	difference	difference	NOUN
fbem-31122	288	12	model	model	NOUN
fbem-31122	288	13	reflects	reflect	VERB
fbem-31122	288	14	the	the	DET
fbem-31122	288	15	net	net	ADJ
fbem-31122	288	16	effect	effect	NOUN
fbem-31122	288	17	of	of	ADP
fbem-31122	288	18	the	the	DET
fbem-31122	288	19	green	green	ADJ
fbem-31122	288	20	finance	finance	NOUN
fbem-31122	288	21	policy	policy	NOUN
fbem-31122	288	22	on	on	ADP
fbem-31122	288	23	the	the	DET
fbem-31122	288	24	capital	capital	NOUN
fbem-31122	288	25	structure	structure	NOUN
fbem-31122	288	26	of	of	ADP
fbem-31122	288	27	enterprises	enterprise	NOUN
fbem-31122	288	28	,	,	PUNCT
fbem-31122	288	29	which	which	PRON
fbem-31122	288	30	is	be	AUX
fbem-31122	288	31	statistically	statistically	ADV
fbem-31122	288	32	significant	significant	ADJ
fbem-31122	288	33	at	at	ADP
fbem-31122	288	34	the	the	DET
fbem-31122	288	35	1	1	NUM
fbem-31122	288	36	%	%	NOUN
fbem-31122	288	37	level	level	NOUN
fbem-31122	288	38	and	and	CCONJ
fbem-31122	288	39	greater	great	ADJ
fbem-31122	288	40	than	than	ADP
fbem-31122	288	41	that	that	PRON
fbem-31122	288	42	of	of	ADP
fbem-31122	288	43	enterprises	enterprise	NOUN
fbem-31122	288	44	producing	produce	VERB
fbem-31122	288	45	other	other	ADJ
fbem-31122	288	46	commodities	commodity	NOUN
fbem-31122	288	47	;	;	PUNCT
fbem-31122	288	48	the	the	DET
fbem-31122	288	49	issuance	issuance	NOUN
fbem-31122	288	50	of	of	ADP
fbem-31122	288	51	green	green	ADJ
fbem-31122	288	52	finance	finance	NOUN
fbem-31122	288	53	policy	policy	NOUN
fbem-31122	288	54	has	have	AUX
fbem-31122	288	55	significantly	significantly	ADV
fbem-31122	288	56	decreased	decrease	VERB
fbem-31122	288	57	the	the	DET
fbem-31122	288	58	capital	capital	NOUN
fbem-31122	288	59	leverage	leverage	NOUN
fbem-31122	288	60	ratio	ratio	NOUN
fbem-31122	288	61	of	of	ADP
fbem-31122	288	62	firms	firm	NOUN
fbem-31122	288	63	producing	produce	VERB
fbem-31122	288	64	capital	capital	NOUN
fbem-31122	288	65	goods	good	NOUN
fbem-31122	288	66	.	.	PUNCT
fbem-31122	289	1	secondly	secondly	ADV
fbem-31122	289	2	,	,	PUNCT
fbem-31122	289	3	the	the	DET
fbem-31122	289	4	impact	impact	NOUN
fbem-31122	289	5	of	of	ADP
fbem-31122	289	6	green	green	ADJ
fbem-31122	289	7	finance	finance	NOUN
fbem-31122	289	8	policy	policy	NOUN
fbem-31122	289	9	on	on	ADP
fbem-31122	289	10	enterprises	enterprise	NOUN
fbem-31122	289	11	with	with	ADP
fbem-31122	289	12	different	different	ADJ
fbem-31122	289	13	financing	financing	NOUN
fbem-31122	289	14	constraints	constraint	NOUN
fbem-31122	289	15	and	and	CCONJ
fbem-31122	289	16	asset	asset	NOUN
fbem-31122	289	17	sizes	size	NOUN
fbem-31122	289	18	is	be	AUX
fbem-31122	289	19	heterogeneous	heterogeneous	ADJ
fbem-31122	289	20	the	the	DET
fbem-31122	289	21	same	same	ADJ
fbem-31122	289	22	conclusion	conclusion	NOUN
fbem-31122	289	23	reached	reach	VERB
fbem-31122	289	24	by	by	ADP
fbem-31122	289	25	yu	yu	PROPN
fbem-31122	289	26	et	et	PROPN
fbem-31122	289	27	al	al	PROPN
fbem-31122	289	28	.	.	PROPN
fbem-31122	290	1	(	(	PUNCT
fbem-31122	290	2	2021	2021	NUM
fbem-31122	290	3	)	)	PUNCT
fbem-31122	290	4	.	.	PUNCT
fbem-31122	291	1	in	in	ADP
fbem-31122	291	2	terms	term	NOUN
fbem-31122	291	3	of	of	ADP
fbem-31122	291	4	the	the	DET
fbem-31122	291	5	degree	degree	NOUN
fbem-31122	291	6	of	of	ADP
fbem-31122	291	7	financing	financing	NOUN
fbem-31122	291	8	constraints	constraint	NOUN
fbem-31122	291	9	,	,	PUNCT
fbem-31122	291	10	firms	firm	NOUN
fbem-31122	291	11	with	with	ADP
fbem-31122	291	12	greater	great	ADJ
fbem-31122	291	13	financing	financing	NOUN
fbem-31122	291	14	constraints	constraint	NOUN
fbem-31122	291	15	frequently	frequently	ADV
fbem-31122	291	16	rely	rely	VERB
fbem-31122	291	17	more	more	ADV
fbem-31122	291	18	on	on	ADP
fbem-31122	291	19	external	external	ADJ
fbem-31122	291	20	financing	financing	NOUN
fbem-31122	291	21	,	,	PUNCT
fbem-31122	291	22	particularly	particularly	ADV
fbem-31122	291	23	bank	bank	NOUN
fbem-31122	291	24	loans	loan	NOUN
fbem-31122	291	25	or	or	CCONJ
fbem-31122	291	26	debt	debt	NOUN
fbem-31122	291	27	financing	financing	NOUN
fbem-31122	291	28	,	,	PUNCT
fbem-31122	291	29	to	to	PART
fbem-31122	291	30	meet	meet	VERB
fbem-31122	291	31	their	their	PRON
fbem-31122	291	32	funding	funding	NOUN
fbem-31122	291	33	requirements	requirement	NOUN
fbem-31122	291	34	.	.	PUNCT
fbem-31122	292	1	as	as	ADP
fbem-31122	292	2	a	a	DET
fbem-31122	292	3	result	result	NOUN
fbem-31122	292	4	,	,	PUNCT
fbem-31122	292	5	the	the	DET
fbem-31122	292	6	impact	impact	NOUN
fbem-31122	292	7	of	of	ADP
fbem-31122	292	8	green	green	ADJ
fbem-31122	292	9	finance	finance	NOUN
fbem-31122	292	10	policy	policy	NOUN
fbem-31122	292	11	is	be	AUX
fbem-31122	292	12	more	more	ADV
fbem-31122	292	13	pronounced	pronounced	ADJ
fbem-31122	292	14	on	on	ADP
fbem-31122	292	15	enterprises	enterprise	NOUN
fbem-31122	292	16	with	with	ADP
fbem-31122	292	17	greater	great	ADJ
fbem-31122	292	18	financing	financing	NOUN
fbem-31122	292	19	constraints	constraint	NOUN
fbem-31122	292	20	.	.	PUNCT
fbem-31122	293	1	companies	company	NOUN
fbem-31122	293	2	with	with	ADP
fbem-31122	293	3	fewer	few	ADJ
fbem-31122	293	4	assets	asset	NOUN
fbem-31122	293	5	frequently	frequently	ADV
fbem-31122	293	6	have	have	VERB
fbem-31122	293	7	more	more	ADJ
fbem-31122	293	8	urgent	urgent	ADJ
fbem-31122	293	9	funding	funding	NOUN
fbem-31122	293	10	requirements	requirement	NOUN
fbem-31122	293	11	,	,	PUNCT
fbem-31122	293	12	particularly	particularly	ADV
fbem-31122	293	13	when	when	SCONJ
fbem-31122	293	14	implementing	implement	VERB
fbem-31122	293	15	green	green	ADJ
fbem-31122	293	16	initiatives	initiative	NOUN
fbem-31122	293	17	or	or	CCONJ
fbem-31122	293	18	making	make	VERB
fbem-31122	293	19	environmental	environmental	ADJ
fbem-31122	293	20	investments	investment	NOUN
fbem-31122	293	21	.	.	PUNCT
fbem-31122	294	1	due	due	ADP
fbem-31122	294	2	to	to	ADP
fbem-31122	294	3	their	their	PRON
fbem-31122	294	4	small	small	ADJ
fbem-31122	294	5	scale	scale	NOUN
fbem-31122	294	6	,	,	PUNCT
fbem-31122	294	7	they	they	PRON
fbem-31122	294	8	have	have	VERB
fbem-31122	294	9	a	a	DET
fbem-31122	294	10	more	more	ADV
fbem-31122	294	11	difficult	difficult	ADJ
fbem-31122	294	12	time	time	NOUN
fbem-31122	294	13	obtaining	obtain	VERB
fbem-31122	294	14	sufficient	sufficient	ADJ
fbem-31122	294	15	capital	capital	NOUN
fbem-31122	294	16	to	to	PART
fbem-31122	294	17	support	support	VERB
fbem-31122	294	18	themselves	themselves	PRON
fbem-31122	294	19	than	than	ADP
fbem-31122	294	20	larger	large	ADJ
fbem-31122	294	21	companies	company	NOUN
fbem-31122	294	22	.	.	PUNCT
fbem-31122	295	1	as	as	ADP
fbem-31122	295	2	a	a	DET
fbem-31122	295	3	consequence	consequence	NOUN
fbem-31122	295	4	,	,	PUNCT
fbem-31122	295	5	these	these	DET
fbem-31122	295	6	small	small	ADJ
fbem-31122	295	7	manufacturing	manufacturing	NOUN
fbem-31122	295	8	firms	firm	NOUN
fbem-31122	295	9	are	be	AUX
fbem-31122	295	10	more	more	ADV
fbem-31122	295	11	reliant	reliant	ADJ
fbem-31122	295	12	on	on	ADP
fbem-31122	295	13	external	external	ADJ
fbem-31122	295	14	funding	funding	NOUN
fbem-31122	295	15	,	,	PUNCT
fbem-31122	295	16	and	and	CCONJ
fbem-31122	295	17	green	green	ADJ
fbem-31122	295	18	finance	finance	NOUN
fbem-31122	295	19	policies	policy	NOUN
fbem-31122	295	20	have	have	VERB
fbem-31122	295	21	a	a	DET
fbem-31122	295	22	greater	great	ADJ
fbem-31122	295	23	impact	impact	NOUN
fbem-31122	295	24	on	on	ADP
fbem-31122	295	25	smaller	small	ADJ
fbem-31122	295	26	firms	firm	NOUN
fbem-31122	295	27	.	.	PUNCT
fbem-31122	296	1	151	151	NUM
fbem-31122	296	2	6.2	6.2	NUM
fbem-31122	296	3	.	.	PUNCT
fbem-31122	297	1	limitation	limitation	NOUN
fbem-31122	297	2	this	this	DET
fbem-31122	297	3	paper	paper	NOUN
fbem-31122	297	4	examines	examine	VERB
fbem-31122	297	5	the	the	DET
fbem-31122	297	6	effect	effect	NOUN
fbem-31122	297	7	of	of	ADP
fbem-31122	297	8	green	green	ADJ
fbem-31122	297	9	finance	finance	NOUN
fbem-31122	297	10	policy	policy	NOUN
fbem-31122	297	11	on	on	ADP
fbem-31122	297	12	the	the	DET
fbem-31122	297	13	capital	capital	NOUN
fbem-31122	297	14	structure	structure	NOUN
fbem-31122	297	15	of	of	ADP
fbem-31122	297	16	capital	capital	NOUN
fbem-31122	297	17	goods	good	NOUN
fbem-31122	297	18	manufacturing	manufacturing	NOUN
fbem-31122	297	19	enterprises	enterprise	NOUN
fbem-31122	297	20	,	,	PUNCT
fbem-31122	297	21	focusing	focus	VERB
fbem-31122	297	22	on	on	ADP
fbem-31122	297	23	the	the	DET
fbem-31122	297	24	capital	capital	NOUN
fbem-31122	297	25	structure	structure	NOUN
fbem-31122	297	26	of	of	ADP
fbem-31122	297	27	enterprises	enterprise	NOUN
fbem-31122	297	28	.	.	PUNCT
fbem-31122	298	1	following	follow	VERB
fbem-31122	298	2	data	data	NOUN
fbem-31122	298	3	selection	selection	NOUN
fbem-31122	298	4	,	,	PUNCT
fbem-31122	298	5	model	model	NOUN
fbem-31122	298	6	construction	construction	NOUN
fbem-31122	298	7	,	,	PUNCT
fbem-31122	298	8	and	and	CCONJ
fbem-31122	298	9	empirical	empirical	ADJ
fbem-31122	298	10	analysis	analysis	NOUN
fbem-31122	298	11	,	,	PUNCT
fbem-31122	298	12	this	this	DET
fbem-31122	298	13	paper	paper	NOUN
fbem-31122	298	14	has	have	AUX
fbem-31122	298	15	identified	identify	VERB
fbem-31122	298	16	the	the	DET
fbem-31122	298	17	following	follow	VERB
fbem-31122	298	18	deficiencies	deficiency	NOUN
fbem-31122	298	19	:	:	PUNCT
fbem-31122	298	20	this	this	DET
fbem-31122	298	21	paper	paper	NOUN
fbem-31122	298	22	begins	begin	VERB
fbem-31122	298	23	by	by	ADP
fbem-31122	298	24	selecting	select	VERB
fbem-31122	298	25	the	the	DET
fbem-31122	298	26	data	datum	NOUN
fbem-31122	298	27	of	of	ADP
fbem-31122	298	28	listed	list	VERB
fbem-31122	298	29	companies	company	NOUN
fbem-31122	298	30	with	with	ADP
fbem-31122	298	31	gics	gic	NOUN
fbem-31122	298	32	codes	code	NOUN
fbem-31122	298	33	beginning	begin	VERB
fbem-31122	298	34	with	with	ADP
fbem-31122	298	35	20	20	NUM
fbem-31122	298	36	,	,	PUNCT
fbem-31122	298	37	with	with	ADP
fbem-31122	298	38	the	the	DET
fbem-31122	298	39	companies	company	NOUN
fbem-31122	298	40	that	that	PRON
fbem-31122	298	41	produce	produce	VERB
fbem-31122	298	42	capital	capital	NOUN
fbem-31122	298	43	products	product	NOUN
fbem-31122	298	44	constituting	constitute	VERB
fbem-31122	298	45	the	the	DET
fbem-31122	298	46	treated	treat	VERB
fbem-31122	298	47	group	group	NOUN
fbem-31122	298	48	and	and	CCONJ
fbem-31122	298	49	those	those	PRON
fbem-31122	298	50	that	that	PRON
fbem-31122	298	51	produce	produce	VERB
fbem-31122	298	52	commercial	commercial	ADJ
fbem-31122	298	53	and	and	CCONJ
fbem-31122	298	54	professional	professional	ADJ
fbem-31122	298	55	services	service	NOUN
fbem-31122	298	56	and	and	CCONJ
fbem-31122	298	57	transportation	transportation	NOUN
fbem-31122	298	58	constituting	constitute	VERB
fbem-31122	298	59	the	the	DET
fbem-31122	298	60	control	control	NOUN
fbem-31122	298	61	group	group	NOUN
fbem-31122	298	62	.	.	PUNCT
fbem-31122	299	1	for	for	ADP
fbem-31122	299	2	the	the	DET
fbem-31122	299	3	sake	sake	NOUN
fbem-31122	299	4	of	of	ADP
fbem-31122	299	5	grouping	group	VERB
fbem-31122	299	6	simplification	simplification	NOUN
fbem-31122	299	7	,	,	PUNCT
fbem-31122	299	8	the	the	DET
fbem-31122	299	9	consumer	consumer	NOUN
fbem-31122	299	10	discretionary	discretionary	ADJ
fbem-31122	299	11	category	category	NOUN
fbem-31122	299	12	is	be	AUX
fbem-31122	299	13	excluded	exclude	VERB
fbem-31122	299	14	from	from	ADP
fbem-31122	299	15	the	the	DET
fbem-31122	299	16	sample	sample	NOUN
fbem-31122	299	17	selection	selection	NOUN
fbem-31122	299	18	,	,	PUNCT
fbem-31122	299	19	leading	lead	VERB
fbem-31122	299	20	to	to	ADP
fbem-31122	299	21	bias	bias	NOUN
fbem-31122	299	22	in	in	ADP
fbem-31122	299	23	the	the	DET
fbem-31122	299	24	sample	sample	NOUN
fbem-31122	299	25	selection	selection	NOUN
fbem-31122	299	26	,	,	PUNCT
fbem-31122	299	27	and	and	CCONJ
fbem-31122	299	28	the	the	DET
fbem-31122	299	29	final	final	ADJ
fbem-31122	299	30	analysis	analysis	NOUN
fbem-31122	299	31	results	result	NOUN
fbem-31122	299	32	may	may	AUX
fbem-31122	299	33	not	not	PART
fbem-31122	299	34	necessarily	necessarily	ADV
fbem-31122	299	35	be	be	AUX
fbem-31122	299	36	applicable	applicable	ADJ
fbem-31122	299	37	to	to	ADP
fbem-31122	299	38	other	other	ADJ
fbem-31122	299	39	companies	company	NOUN
fbem-31122	299	40	.	.	PUNCT
fbem-31122	300	1	secondly	secondly	ADV
fbem-31122	300	2	,	,	PUNCT
fbem-31122	300	3	the	the	DET
fbem-31122	300	4	study	study	NOUN
fbem-31122	300	5	on	on	ADP
fbem-31122	300	6	the	the	DET
fbem-31122	300	7	effect	effect	NOUN
fbem-31122	300	8	of	of	ADP
fbem-31122	300	9	green	green	ADJ
fbem-31122	300	10	finance	finance	NOUN
fbem-31122	300	11	policy	policy	NOUN
fbem-31122	300	12	on	on	ADP
fbem-31122	300	13	enterprise	enterprise	NOUN
fbem-31122	300	14	capital	capital	NOUN
fbem-31122	300	15	structure	structure	NOUN
fbem-31122	300	16	is	be	AUX
fbem-31122	300	17	limited	limit	VERB
fbem-31122	300	18	to	to	ADP
fbem-31122	300	19	an	an	DET
fbem-31122	300	20	analysis	analysis	NOUN
fbem-31122	300	21	of	of	ADP
fbem-31122	300	22	the	the	DET
fbem-31122	300	23	level	level	NOUN
fbem-31122	300	24	of	of	ADP
fbem-31122	300	25	capital	capital	NOUN
fbem-31122	300	26	products	product	NOUN
fbem-31122	300	27	,	,	PUNCT
fbem-31122	300	28	and	and	CCONJ
fbem-31122	300	29	the	the	DET
fbem-31122	300	30	study	study	NOUN
fbem-31122	300	31	on	on	ADP
fbem-31122	300	32	the	the	DET
fbem-31122	300	33	rate	rate	NOUN
fbem-31122	300	34	of	of	ADP
fbem-31122	300	35	capital	capital	NOUN
fbem-31122	300	36	structure	structure	NOUN
fbem-31122	300	37	adjustment	adjustment	NOUN
fbem-31122	300	38	is	be	AUX
fbem-31122	300	39	insufficient	insufficient	ADJ
fbem-31122	300	40	.	.	PUNCT
fbem-31122	301	1	in	in	ADP
fbem-31122	301	2	future	future	ADJ
fbem-31122	301	3	discussions	discussion	NOUN
fbem-31122	301	4	,	,	PUNCT
fbem-31122	301	5	additional	additional	ADJ
fbem-31122	301	6	control	control	NOUN
fbem-31122	301	7	variables	variable	NOUN
fbem-31122	301	8	can	can	AUX
fbem-31122	301	9	be	be	AUX
fbem-31122	301	10	incorporated	incorporate	VERB
fbem-31122	301	11	to	to	PART
fbem-31122	301	12	increase	increase	VERB
fbem-31122	301	13	the	the	DET
fbem-31122	301	14	paper	paper	NOUN
fbem-31122	301	15	's	's	PART
fbem-31122	301	16	depth	depth	NOUN
fbem-31122	301	17	.	.	PUNCT
fbem-31122	302	1	thirdly	thirdly	ADV
fbem-31122	302	2	,	,	PUNCT
fbem-31122	302	3	covid-19	covid-19	PROPN
fbem-31122	302	4	has	have	VERB
fbem-31122	302	5	a	a	DET
fbem-31122	302	6	significant	significant	ADJ
fbem-31122	302	7	impact	impact	NOUN
fbem-31122	302	8	on	on	ADP
fbem-31122	302	9	manufacturing	manufacturing	NOUN
fbem-31122	302	10	companies	company	NOUN
fbem-31122	302	11	,	,	PUNCT
fbem-31122	302	12	will	will	AUX
fbem-31122	302	13	facilitate	facilitate	VERB
fbem-31122	302	14	the	the	DET
fbem-31122	302	15	digitization	digitization	NOUN
fbem-31122	302	16	and	and	CCONJ
fbem-31122	302	17	greening	greening	NOUN
fbem-31122	302	18	of	of	ADP
fbem-31122	302	19	manufacturing	manufacturing	NOUN
fbem-31122	302	20	companies	company	NOUN
fbem-31122	302	21	while	while	SCONJ
fbem-31122	302	22	causing	cause	VERB
fbem-31122	302	23	a	a	DET
fbem-31122	302	24	decline	decline	NOUN
fbem-31122	302	25	in	in	ADP
fbem-31122	302	26	the	the	DET
fbem-31122	302	27	book	book	NOUN
fbem-31122	302	28	value	value	NOUN
fbem-31122	302	29	of	of	ADP
fbem-31122	302	30	manufacturing	manufacturing	NOUN
fbem-31122	302	31	companies	company	NOUN
fbem-31122	302	32	.	.	PUNCT
fbem-31122	303	1	due	due	ADP
fbem-31122	303	2	to	to	ADP
fbem-31122	303	3	the	the	DET
fbem-31122	303	4	weak	weak	ADJ
fbem-31122	303	5	performance	performance	NOUN
fbem-31122	303	6	of	of	ADP
fbem-31122	303	7	companies	company	NOUN
fbem-31122	303	8	during	during	ADP
fbem-31122	303	9	the	the	DET
fbem-31122	303	10	phase	phase	NOUN
fbem-31122	303	11	of	of	ADP
fbem-31122	303	12	the	the	DET
fbem-31122	303	13	epidemic	epidemic	NOUN
fbem-31122	303	14	,	,	PUNCT
fbem-31122	303	15	some	some	PRON
fbem-31122	303	16	of	of	ADP
fbem-31122	303	17	their	their	PRON
fbem-31122	303	18	data	datum	NOUN
fbem-31122	303	19	were	be	AUX
fbem-31122	303	20	excluded	exclude	VERB
fbem-31122	303	21	from	from	ADP
fbem-31122	303	22	the	the	DET
fbem-31122	303	23	screening	screening	NOUN
fbem-31122	303	24	process	process	NOUN
fbem-31122	303	25	,	,	PUNCT
fbem-31122	303	26	resulting	result	VERB
fbem-31122	303	27	in	in	ADP
fbem-31122	303	28	fewer	few	ADJ
fbem-31122	303	29	observations	observation	NOUN
fbem-31122	303	30	in	in	ADP
fbem-31122	303	31	this	this	DET
fbem-31122	303	32	study	study	NOUN
fbem-31122	303	33	.	.	PUNCT
fbem-31122	304	1	there	there	PRON
fbem-31122	304	2	are	be	VERB
fbem-31122	304	3	methods	method	NOUN
fbem-31122	304	4	to	to	PART
fbem-31122	304	5	improve	improve	VERB
fbem-31122	304	6	the	the	DET
fbem-31122	304	7	reliability	reliability	NOUN
fbem-31122	304	8	of	of	ADP
fbem-31122	304	9	models	model	NOUN
fbem-31122	304	10	in	in	ADP
fbem-31122	304	11	future	future	ADJ
fbem-31122	304	12	research	research	NOUN
fbem-31122	304	13	by	by	ADP
fbem-31122	304	14	retaining	retain	VERB
fbem-31122	304	15	more	more	ADJ
fbem-31122	304	16	corporate	corporate	ADJ
fbem-31122	304	17	data	datum	NOUN
fbem-31122	304	18	.	.	PUNCT
fbem-31122	305	1	6.3	6.3	NUM
fbem-31122	305	2	.	.	PUNCT
fbem-31122	306	1	recommendation	recommendation	VERB
fbem-31122	306	2	the	the	DET
fbem-31122	306	3	state	state	NOUN
fbem-31122	306	4	promotes	promote	VERB
fbem-31122	306	5	the	the	DET
fbem-31122	306	6	reform	reform	NOUN
fbem-31122	306	7	of	of	ADP
fbem-31122	306	8	the	the	DET
fbem-31122	306	9	manufacturing	manufacturing	NOUN
fbem-31122	306	10	industry	industry	NOUN
fbem-31122	306	11	while	while	SCONJ
fbem-31122	306	12	the	the	DET
fbem-31122	306	13	green	green	ADJ
fbem-31122	306	14	finance	finance	NOUN
fbem-31122	306	15	policy	policy	NOUN
fbem-31122	306	16	requires	require	VERB
fbem-31122	306	17	manufacturing	manufacture	VERB
fbem-31122	306	18	companies	company	NOUN
fbem-31122	306	19	to	to	PART
fbem-31122	306	20	satisfy	satisfy	VERB
fbem-31122	306	21	the	the	DET
fbem-31122	306	22	requirements	requirement	NOUN
fbem-31122	306	23	of	of	ADP
fbem-31122	306	24	green	green	ADJ
fbem-31122	306	25	environmental	environmental	ADJ
fbem-31122	306	26	protection	protection	NOUN
fbem-31122	306	27	and	and	CCONJ
fbem-31122	306	28	sustainable	sustainable	ADJ
fbem-31122	306	29	development	development	NOUN
fbem-31122	306	30	.	.	PUNCT
fbem-31122	307	1	in	in	ADP
fbem-31122	307	2	addition	addition	NOUN
fbem-31122	307	3	,	,	PUNCT
fbem-31122	307	4	banks	bank	NOUN
fbem-31122	307	5	and	and	CCONJ
fbem-31122	307	6	other	other	ADJ
fbem-31122	307	7	financial	financial	ADJ
fbem-31122	307	8	institutions	institution	NOUN
fbem-31122	307	9	are	be	AUX
fbem-31122	307	10	required	require	VERB
fbem-31122	307	11	to	to	PART
fbem-31122	307	12	utilize	utilize	VERB
fbem-31122	307	13	economic	economic	ADJ
fbem-31122	307	14	and	and	CCONJ
fbem-31122	307	15	financial	financial	ADJ
fbem-31122	307	16	resources	resource	NOUN
fbem-31122	307	17	in	in	ADP
fbem-31122	307	18	accordance	accordance	NOUN
fbem-31122	307	19	with	with	ADP
fbem-31122	307	20	policy	policy	NOUN
fbem-31122	307	21	directives	directive	NOUN
fbem-31122	307	22	in	in	ADP
fbem-31122	307	23	order	order	NOUN
fbem-31122	307	24	to	to	PART
fbem-31122	307	25	increase	increase	VERB
fbem-31122	307	26	the	the	DET
fbem-31122	307	27	number	number	NOUN
fbem-31122	307	28	of	of	ADP
fbem-31122	307	29	resources	resource	NOUN
fbem-31122	307	30	allocated	allocate	VERB
fbem-31122	307	31	to	to	ADP
fbem-31122	307	32	green	green	ADJ
fbem-31122	307	33	industries	industry	NOUN
fbem-31122	307	34	.	.	PUNCT
fbem-31122	308	1	with	with	ADP
fbem-31122	308	2	the	the	DET
fbem-31122	308	3	conclusion	conclusion	NOUN
fbem-31122	308	4	of	of	ADP
fbem-31122	308	5	covid19	covid19	NOUN
fbem-31122	308	6	and	and	CCONJ
fbem-31122	308	7	the	the	DET
fbem-31122	308	8	continuation	continuation	NOUN
fbem-31122	308	9	of	of	ADP
fbem-31122	308	10	the	the	DET
fbem-31122	308	11	policy	policy	NOUN
fbem-31122	308	12	,	,	PUNCT
fbem-31122	308	13	its	its	PRON
fbem-31122	308	14	efficacy	efficacy	NOUN
fbem-31122	308	15	,	,	PUNCT
fbem-31122	308	16	and	and	CCONJ
fbem-31122	308	17	existing	exist	VERB
fbem-31122	308	18	problems	problem	NOUN
fbem-31122	308	19	have	have	AUX
fbem-31122	308	20	progressively	progressively	ADV
fbem-31122	308	21	become	become	VERB
fbem-31122	308	22	apparent	apparent	ADJ
fbem-31122	308	23	.	.	PUNCT
fbem-31122	309	1	the	the	DET
fbem-31122	309	2	purpose	purpose	NOUN
fbem-31122	309	3	of	of	ADP
fbem-31122	309	4	this	this	DET
fbem-31122	309	5	paper	paper	NOUN
fbem-31122	309	6	is	be	AUX
fbem-31122	309	7	to	to	PART
fbem-31122	309	8	provide	provide	VERB
fbem-31122	309	9	empirical	empirical	ADJ
fbem-31122	309	10	evidence	evidence	NOUN
fbem-31122	309	11	on	on	ADP
fbem-31122	309	12	how	how	SCONJ
fbem-31122	309	13	governments	government	NOUN
fbem-31122	309	14	and	and	CCONJ
fbem-31122	309	15	financial	financial	ADJ
fbem-31122	309	16	institutions	institution	NOUN
fbem-31122	309	17	implement	implement	VERB
fbem-31122	309	18	green	green	ADJ
fbem-31122	309	19	finance	finance	NOUN
fbem-31122	309	20	policy	policy	NOUN
fbem-31122	309	21	effectively	effectively	ADV
fbem-31122	309	22	and	and	CCONJ
fbem-31122	309	23	ensure	ensure	VERB
fbem-31122	309	24	its	its	PRON
fbem-31122	309	25	steady	steady	ADJ
fbem-31122	309	26	advancement	advancement	NOUN
fbem-31122	309	27	,	,	PUNCT
fbem-31122	309	28	as	as	ADV
fbem-31122	309	29	well	well	ADV
fbem-31122	309	30	as	as	ADP
fbem-31122	309	31	to	to	PART
fbem-31122	309	32	provide	provide	VERB
fbem-31122	309	33	thought	think	VERB
fbem-31122	309	34	leadership	leadership	NOUN
fbem-31122	309	35	and	and	CCONJ
fbem-31122	309	36	direction	direction	NOUN
fbem-31122	309	37	for	for	ADP
fbem-31122	309	38	the	the	DET
fbem-31122	309	39	transformation	transformation	NOUN
fbem-31122	309	40	and	and	CCONJ
fbem-31122	309	41	upgrading	upgrading	NOUN
fbem-31122	309	42	of	of	ADP
fbem-31122	309	43	manufacturing	manufacturing	NOUN
fbem-31122	309	44	enterprises	enterprise	NOUN
fbem-31122	309	45	.	.	PUNCT
fbem-31122	310	1	at	at	ADP
fbem-31122	310	2	the	the	DET
fbem-31122	310	3	government	government	NOUN
fbem-31122	310	4	level	level	NOUN
fbem-31122	310	5	,	,	PUNCT
fbem-31122	310	6	firstly	firstly	ADV
fbem-31122	310	7	,	,	PUNCT
fbem-31122	310	8	it	it	PRON
fbem-31122	310	9	is	be	AUX
fbem-31122	310	10	recommended	recommend	VERB
fbem-31122	310	11	that	that	SCONJ
fbem-31122	310	12	greater	great	ADJ
fbem-31122	310	13	efforts	effort	NOUN
fbem-31122	310	14	be	be	AUX
fbem-31122	310	15	made	make	VERB
fbem-31122	310	16	to	to	PART
fbem-31122	310	17	publicize	publicize	VERB
fbem-31122	310	18	and	and	CCONJ
fbem-31122	310	19	guide	guide	VERB
fbem-31122	310	20	the	the	DET
fbem-31122	310	21	green	green	ADJ
fbem-31122	310	22	finance	finance	NOUN
fbem-31122	310	23	policy	policy	NOUN
fbem-31122	310	24	,	,	PUNCT
fbem-31122	310	25	so	so	SCONJ
fbem-31122	310	26	that	that	SCONJ
fbem-31122	310	27	manufacturing	manufacturing	NOUN
fbem-31122	310	28	enterprises	enterprise	NOUN
fbem-31122	310	29	can	can	AUX
fbem-31122	310	30	completely	completely	ADV
fbem-31122	310	31	comprehend	comprehend	VERB
fbem-31122	310	32	the	the	DET
fbem-31122	310	33	policy	policy	NOUN
fbem-31122	310	34	's	's	PART
fbem-31122	310	35	objectives	objective	NOUN
fbem-31122	310	36	,	,	PUNCT
fbem-31122	310	37	supporting	support	VERB
fbem-31122	310	38	content	content	NOUN
fbem-31122	310	39	,	,	PUNCT
fbem-31122	310	40	and	and	CCONJ
fbem-31122	310	41	application	application	NOUN
fbem-31122	310	42	process	process	NOUN
fbem-31122	310	43	.	.	PUNCT
fbem-31122	311	1	the	the	DET
fbem-31122	311	2	government	government	NOUN
fbem-31122	311	3	can	can	AUX
fbem-31122	311	4	disseminate	disseminate	VERB
fbem-31122	311	5	policy	policy	NOUN
fbem-31122	311	6	information	information	NOUN
fbem-31122	311	7	to	to	ADP
fbem-31122	311	8	businesses	business	NOUN
fbem-31122	311	9	through	through	ADP
fbem-31122	311	10	a	a	DET
fbem-31122	311	11	variety	variety	NOUN
fbem-31122	311	12	of	of	ADP
fbem-31122	311	13	channels	channel	NOUN
fbem-31122	311	14	,	,	PUNCT
fbem-31122	311	15	as	as	ADV
fbem-31122	311	16	well	well	ADV
fbem-31122	311	17	as	as	ADP
fbem-31122	311	18	provide	provide	VERB
fbem-31122	311	19	relevant	relevant	ADJ
fbem-31122	311	20	training	training	NOUN
fbem-31122	311	21	and	and	CCONJ
fbem-31122	311	22	direction	direction	NOUN
fbem-31122	311	23	to	to	PART
fbem-31122	311	24	aid	aid	VERB
fbem-31122	311	25	businesses	business	NOUN
fbem-31122	311	26	in	in	ADP
fbem-31122	311	27	seizing	seize	VERB
fbem-31122	311	28	policy	policy	NOUN
fbem-31122	311	29	opportunities	opportunity	NOUN
fbem-31122	311	30	.	.	PUNCT
fbem-31122	312	1	secondly	secondly	ADV
fbem-31122	312	2	,	,	PUNCT
fbem-31122	312	3	the	the	DET
fbem-31122	312	4	government	government	NOUN
fbem-31122	312	5	should	should	AUX
fbem-31122	312	6	develop	develop	VERB
fbem-31122	312	7	and	and	CCONJ
fbem-31122	312	8	enhance	enhance	VERB
fbem-31122	312	9	the	the	DET
fbem-31122	312	10	green	green	ADJ
fbem-31122	312	11	finance	finance	NOUN
fbem-31122	312	12	policy	policy	NOUN
fbem-31122	312	13	evaluation	evaluation	NOUN
fbem-31122	312	14	index	index	NOUN
fbem-31122	312	15	system	system	NOUN
fbem-31122	312	16	.	.	PUNCT
fbem-31122	313	1	to	to	PART
fbem-31122	313	2	promote	promote	VERB
fbem-31122	313	3	the	the	DET
fbem-31122	313	4	standardization	standardization	NOUN
fbem-31122	313	5	of	of	ADP
fbem-31122	313	6	policy	policy	NOUN
fbem-31122	313	7	implementation	implementation	NOUN
fbem-31122	313	8	,	,	PUNCT
fbem-31122	313	9	the	the	DET
fbem-31122	313	10	government	government	NOUN
fbem-31122	313	11	should	should	AUX
fbem-31122	313	12	develop	develop	VERB
fbem-31122	313	13	the	the	DET
fbem-31122	313	14	corresponding	correspond	VERB
fbem-31122	313	15	evaluation	evaluation	NOUN
fbem-31122	313	16	and	and	CCONJ
fbem-31122	313	17	assessment	assessment	NOUN
fbem-31122	313	18	mechanism	mechanism	NOUN
fbem-31122	313	19	through	through	ADP
fbem-31122	313	20	the	the	DET
fbem-31122	313	21	unification	unification	NOUN
fbem-31122	313	22	of	of	ADP
fbem-31122	313	23	enterprise	enterprise	NOUN
fbem-31122	313	24	green	green	ADJ
fbem-31122	313	25	evaluation	evaluation	NOUN
fbem-31122	313	26	standards	standard	NOUN
fbem-31122	313	27	(	(	PUNCT
fbem-31122	313	28	wang	wang	PROPN
fbem-31122	313	29	et	et	PROPN
fbem-31122	313	30	al	al	PROPN
fbem-31122	313	31	.	.	PROPN
fbem-31122	313	32	,	,	PUNCT
fbem-31122	313	33	2021	2021	NUM
fbem-31122	313	34	)	)	PUNCT
fbem-31122	313	35	.	.	PUNCT
fbem-31122	314	1	thirdly	thirdly	ADV
fbem-31122	314	2	,	,	PUNCT
fbem-31122	314	3	the	the	DET
fbem-31122	314	4	government	government	NOUN
fbem-31122	314	5	should	should	AUX
fbem-31122	314	6	strengthen	strengthen	VERB
fbem-31122	314	7	international	international	ADJ
fbem-31122	314	8	cooperation	cooperation	NOUN
fbem-31122	314	9	and	and	CCONJ
fbem-31122	314	10	study	study	VERB
fbem-31122	314	11	the	the	DET
fbem-31122	314	12	practices	practice	NOUN
fbem-31122	314	13	and	and	CCONJ
fbem-31122	314	14	experiences	experience	NOUN
fbem-31122	314	15	of	of	ADP
fbem-31122	314	16	other	other	ADJ
fbem-31122	314	17	nations	nation	NOUN
fbem-31122	314	18	in	in	ADP
fbem-31122	314	19	the	the	DET
fbem-31122	314	20	field	field	NOUN
fbem-31122	314	21	of	of	ADP
fbem-31122	314	22	green	green	ADJ
fbem-31122	314	23	finance	finance	NOUN
fbem-31122	314	24	.	.	PUNCT
fbem-31122	315	1	simultaneously	simultaneously	ADV
fbem-31122	315	2	,	,	PUNCT
fbem-31122	315	3	the	the	DET
fbem-31122	315	4	government	government	NOUN
fbem-31122	315	5	can	can	AUX
fbem-31122	315	6	participate	participate	VERB
fbem-31122	315	7	actively	actively	ADV
fbem-31122	315	8	in	in	ADP
fbem-31122	315	9	international	international	ADJ
fbem-31122	315	10	green	green	ADJ
fbem-31122	315	11	finance	finance	NOUN
fbem-31122	315	12	cooperation	cooperation	NOUN
fbem-31122	315	13	mechanisms	mechanism	NOUN
fbem-31122	315	14	to	to	PART
fbem-31122	315	15	attract	attract	VERB
fbem-31122	315	16	foreign	foreign	ADJ
fbem-31122	315	17	investment	investment	NOUN
fbem-31122	315	18	and	and	CCONJ
fbem-31122	315	19	technical	technical	ADJ
fbem-31122	315	20	assistance	assistance	NOUN
fbem-31122	315	21	.	.	PUNCT
fbem-31122	316	1	the	the	DET
fbem-31122	316	2	first	first	ADJ
fbem-31122	316	3	recommendation	recommendation	NOUN
fbem-31122	316	4	at	at	ADP
fbem-31122	316	5	the	the	DET
fbem-31122	316	6	level	level	NOUN
fbem-31122	316	7	of	of	ADP
fbem-31122	316	8	financial	financial	ADJ
fbem-31122	316	9	institutions	institution	NOUN
fbem-31122	316	10	is	be	AUX
fbem-31122	316	11	for	for	SCONJ
fbem-31122	316	12	financial	financial	ADJ
fbem-31122	316	13	institutions	institution	NOUN
fbem-31122	316	14	to	to	PART
fbem-31122	316	15	develop	develop	VERB
fbem-31122	316	16	more	more	ADJ
fbem-31122	316	17	green	green	ADJ
fbem-31122	316	18	financial	financial	ADJ
fbem-31122	316	19	products	product	NOUN
fbem-31122	316	20	and	and	CCONJ
fbem-31122	316	21	services	service	NOUN
fbem-31122	316	22	for	for	ADP
fbem-31122	316	23	manufacturing	manufacturing	NOUN
fbem-31122	316	24	enterprises	enterprise	NOUN
fbem-31122	316	25	.	.	PUNCT
fbem-31122	317	1	in	in	ADP
fbem-31122	317	2	order	order	NOUN
fbem-31122	317	3	to	to	PART
fbem-31122	317	4	meet	meet	VERB
fbem-31122	317	5	the	the	DET
fbem-31122	317	6	financial	financial	ADJ
fbem-31122	317	7	needs	need	NOUN
fbem-31122	317	8	of	of	ADP
fbem-31122	317	9	enterprises	enterprise	NOUN
fbem-31122	317	10	in	in	ADP
fbem-31122	317	11	green	green	ADJ
fbem-31122	317	12	transformation	transformation	NOUN
fbem-31122	317	13	and	and	CCONJ
fbem-31122	317	14	environmental	environmental	ADJ
fbem-31122	317	15	protection	protection	NOUN
fbem-31122	317	16	investment	investment	NOUN
fbem-31122	317	17	.	.	PUNCT
fbem-31122	318	1	in	in	ADP
fbem-31122	318	2	addition	addition	NOUN
fbem-31122	318	3	,	,	PUNCT
fbem-31122	318	4	it	it	PRON
fbem-31122	318	5	was	be	AUX
fbem-31122	318	6	suggested	suggest	VERB
fbem-31122	318	7	that	that	SCONJ
fbem-31122	318	8	financial	financial	ADJ
fbem-31122	318	9	institutions	institution	NOUN
fbem-31122	318	10	could	could	AUX
fbem-31122	318	11	simplify	simplify	VERB
fbem-31122	318	12	the	the	DET
fbem-31122	318	13	loan	loan	NOUN
fbem-31122	318	14	approval	approval	NOUN
fbem-31122	318	15	procedure	procedure	NOUN
fbem-31122	318	16	and	and	CCONJ
fbem-31122	318	17	increase	increase	VERB
fbem-31122	318	18	the	the	DET
fbem-31122	318	19	availability	availability	NOUN
fbem-31122	318	20	of	of	ADP
fbem-31122	318	21	financing	financing	NOUN
fbem-31122	318	22	for	for	ADP
fbem-31122	318	23	environmentally	environmentally	ADV
fbem-31122	318	24	friendly	friendly	ADJ
fbem-31122	318	25	projects	project	NOUN
fbem-31122	318	26	.	.	PUNCT
fbem-31122	319	1	secondly	secondly	ADV
fbem-31122	319	2	,	,	PUNCT
fbem-31122	319	3	given	give	VERB
fbem-31122	319	4	the	the	DET
fbem-31122	319	5	heterogeneity	heterogeneity	NOUN
fbem-31122	319	6	of	of	ADP
fbem-31122	319	7	financing	financing	NOUN
fbem-31122	319	8	constraints	constraint	NOUN
fbem-31122	319	9	and	and	CCONJ
fbem-31122	319	10	enterprise	enterprise	NOUN
fbem-31122	319	11	size	size	NOUN
fbem-31122	319	12	,	,	PUNCT
fbem-31122	319	13	banks	bank	NOUN
fbem-31122	319	14	and	and	CCONJ
fbem-31122	319	15	other	other	ADJ
fbem-31122	319	16	financial	financial	ADJ
fbem-31122	319	17	institutions	institution	NOUN
fbem-31122	319	18	should	should	AUX
fbem-31122	319	19	develop	develop	VERB
fbem-31122	319	20	differentiated	differentiated	ADJ
fbem-31122	319	21	risk	risk	NOUN
fbem-31122	319	22	management	management	NOUN
fbem-31122	319	23	requirements	requirement	NOUN
fbem-31122	319	24	and	and	CCONJ
fbem-31122	319	25	financial	financial	ADJ
fbem-31122	319	26	evaluation	evaluation	NOUN
fbem-31122	319	27	systems	system	NOUN
fbem-31122	319	28	,	,	PUNCT
fbem-31122	319	29	enhance	enhance	VERB
fbem-31122	319	30	personalized	personalize	VERB
fbem-31122	319	31	,	,	PUNCT
fbem-31122	319	32	differentiated	differentiated	ADJ
fbem-31122	319	33	green	green	ADJ
fbem-31122	319	34	financial	financial	ADJ
fbem-31122	319	35	products	product	NOUN
fbem-31122	319	36	and	and	CCONJ
fbem-31122	319	37	services	service	NOUN
fbem-31122	319	38	,	,	PUNCT
fbem-31122	319	39	and	and	CCONJ
fbem-31122	319	40	lessen	lessen	VERB
fbem-31122	319	41	the	the	DET
fbem-31122	319	42	asymmetry	asymmetry	NOUN
fbem-31122	319	43	of	of	ADP
fbem-31122	319	44	policy	policy	NOUN
fbem-31122	319	45	effects	effect	NOUN
fbem-31122	319	46	(	(	PUNCT
fbem-31122	319	47	wang	wang	PROPN
fbem-31122	319	48	,	,	PUNCT
fbem-31122	319	49	2022	2022	NUM
fbem-31122	319	50	)	)	PUNCT
fbem-31122	319	51	.	.	PUNCT
fbem-31122	320	1	at	at	ADP
fbem-31122	320	2	the	the	DET
fbem-31122	320	3	enterprise	enterprise	NOUN
fbem-31122	320	4	level	level	NOUN
fbem-31122	320	5	,	,	PUNCT
fbem-31122	320	6	encourage	encourage	VERB
fbem-31122	320	7	industrial	industrial	ADJ
fbem-31122	320	8	linkage	linkage	NOUN
fbem-31122	320	9	and	and	CCONJ
fbem-31122	320	10	cooperation	cooperation	NOUN
fbem-31122	320	11	between	between	ADP
fbem-31122	320	12	manufacturing	manufacture	VERB
fbem-31122	320	13	enterprises	enterprise	NOUN
fbem-31122	320	14	to	to	PART
fbem-31122	320	15	cooperatively	cooperatively	ADV
fbem-31122	320	16	promote	promote	VERB
fbem-31122	320	17	green	green	ADJ
fbem-31122	320	18	transformation	transformation	NOUN
fbem-31122	320	19	and	and	CCONJ
fbem-31122	320	20	environmental	environmental	ADJ
fbem-31122	320	21	protection	protection	NOUN
fbem-31122	320	22	projects	project	NOUN
fbem-31122	320	23	(	(	PUNCT
fbem-31122	320	24	chen	chen	PROPN
fbem-31122	320	25	et	et	PROPN
fbem-31122	320	26	al	al	PROPN
fbem-31122	320	27	.	.	PROPN
fbem-31122	320	28	,	,	PUNCT
fbem-31122	320	29	2023	2023	NUM
fbem-31122	320	30	)	)	PUNCT
fbem-31122	320	31	.	.	PUNCT
fbem-31122	321	1	simultaneously	simultaneously	ADV
fbem-31122	321	2	,	,	PUNCT
fbem-31122	321	3	adhering	adhere	VERB
fbem-31122	321	4	to	to	ADP
fbem-31122	321	5	the	the	DET
fbem-31122	321	6	policy	policy	NOUN
fbem-31122	321	7	-	-	PUNCT
fbem-31122	321	8	oriented	orient	VERB
fbem-31122	321	9	,	,	PUNCT
fbem-31122	321	10	innovation	innovation	NOUN
fbem-31122	321	11	and	and	CCONJ
fbem-31122	321	12	upgrading	upgrading	NOUN
fbem-31122	321	13	can	can	AUX
fbem-31122	321	14	continue	continue	VERB
fbem-31122	321	15	to	to	PART
fbem-31122	321	16	develop	develop	VERB
fbem-31122	321	17	,	,	PUNCT
fbem-31122	321	18	take	take	VERB
fbem-31122	321	19	advantage	advantage	NOUN
fbem-31122	321	20	of	of	ADP
fbem-31122	321	21	the	the	DET
fbem-31122	321	22	opportunities	opportunity	NOUN
fbem-31122	321	23	presented	present	VERB
fbem-31122	321	24	by	by	ADP
fbem-31122	321	25	green	green	ADJ
fbem-31122	321	26	finance	finance	NOUN
fbem-31122	321	27	policy	policy	NOUN
fbem-31122	321	28	,	,	PUNCT
fbem-31122	321	29	and	and	CCONJ
fbem-31122	321	30	strengthen	strengthen	VERB
fbem-31122	321	31	the	the	DET
fbem-31122	321	32	notion	notion	NOUN
fbem-31122	321	33	of	of	ADP
fbem-31122	321	34	green	green	ADJ
fbem-31122	321	35	development	development	NOUN
fbem-31122	321	36	.	.	PUNCT
fbem-31122	322	1	references	reference	NOUN
fbem-31122	322	2	[	[	X
fbem-31122	322	3	1	1	NUM
fbem-31122	322	4	]	]	X
fbem-31122	322	5	barnett	barnett	PROPN
fbem-31122	322	6	,	,	PUNCT
fbem-31122	322	7	a.	a.	NOUN
fbem-31122	322	8	,	,	PUNCT
fbem-31122	322	9	batten	batten	NOUN
fbem-31122	322	10	,	,	PUNCT
fbem-31122	322	11	s.	s.	PROPN
fbem-31122	322	12	,	,	PUNCT
fbem-31122	322	13	chiu	chiu	PROPN
fbem-31122	322	14	,	,	PUNCT
fbem-31122	322	15	a.	a.	PROPN
fbem-31122	322	16	,	,	PUNCT
fbem-31122	322	17	franklin	franklin	PROPN
fbem-31122	322	18	,	,	PUNCT
fbem-31122	322	19	j.	j.	PROPN
fbem-31122	322	20	and	and	CCONJ
fbem-31122	322	21	sebastiabarriel	sebastiabarriel	ADJ
fbem-31122	322	22	,	,	PUNCT
fbem-31122	322	23	m.	m.	NOUN
fbem-31122	322	24	,	,	PUNCT
fbem-31122	322	25	2014	2014	NUM
fbem-31122	322	26	.	.	PUNCT
fbem-31122	323	1	the	the	DET
fbem-31122	323	2	uk	uk	PROPN
fbem-31122	323	3	productivity	productivity	NOUN
fbem-31122	323	4	puzzle	puzzle	NOUN
fbem-31122	323	5	.	.	PUNCT
fbem-31122	324	1	bank	bank	PROPN
fbem-31122	324	2	of	of	ADP
fbem-31122	324	3	england	england	PROPN
fbem-31122	324	4	quarterly	quarterly	PROPN
fbem-31122	324	5	bulletin	bulletin	NOUN
fbem-31122	324	6	,	,	PUNCT
fbem-31122	324	7	p.q2	p.q2	NOUN
fbem-31122	324	8	.	.	PUNCT
fbem-31122	325	1	[	[	X
fbem-31122	325	2	2	2	NUM
fbem-31122	325	3	]	]	X
fbem-31122	325	4	chen	chen	PROPN
fbem-31122	325	5	,	,	PUNCT
fbem-31122	325	6	m.	m.	NOUN
fbem-31122	325	7	,	,	PUNCT
fbem-31122	325	8	song	song	NOUN
fbem-31122	325	9	,	,	PUNCT
fbem-31122	325	10	l.	l.	PROPN
fbem-31122	325	11	,	,	PUNCT
fbem-31122	325	12	zhu	zhu	PROPN
fbem-31122	325	13	,	,	PUNCT
fbem-31122	325	14	x.	x.	PROPN
fbem-31122	325	15	,	,	PUNCT
fbem-31122	325	16	zhu	zhu	PROPN
fbem-31122	325	17	,	,	PUNCT
fbem-31122	325	18	y.	y.	PROPN
fbem-31122	325	19	and	and	CCONJ
fbem-31122	325	20	liu	liu	PROPN
fbem-31122	325	21	,	,	PUNCT
fbem-31122	325	22	c.	c.	PROPN
fbem-31122	325	23	,	,	PUNCT
fbem-31122	325	24	2023	2023	NUM
fbem-31122	325	25	.	.	PUNCT
fbem-31122	325	26	does	do	AUX
fbem-31122	325	27	green	green	PROPN
fbem-31122	325	28	finance	finance	NOUN
fbem-31122	325	29	promote	promote	VERB
fbem-31122	325	30	the	the	DET
fbem-31122	325	31	green	green	ADJ
fbem-31122	325	32	transformation	transformation	NOUN
fbem-31122	325	33	of	of	ADP
fbem-31122	325	34	china	china	PROPN
fbem-31122	325	35	’s	’s	PART
fbem-31122	325	36	manufacturing	manufacturing	NOUN
fbem-31122	325	37	industry	industry	NOUN
fbem-31122	325	38	?	?	PUNCT
fbem-31122	326	1	sustainability	sustainability	NOUN
fbem-31122	326	2	,	,	PUNCT
fbem-31122	326	3	15(8	15(8	NOUN
fbem-31122	326	4	)	)	PUNCT
fbem-31122	326	5	,	,	PUNCT
fbem-31122	326	6	p.6614	p.6614	NUM
fbem-31122	326	7	.	.	PUNCT
fbem-31122	327	1	[	[	X
fbem-31122	327	2	3	3	NUM
fbem-31122	327	3	]	]	X
fbem-31122	327	4	chen	chen	PROPN
fbem-31122	327	5	,	,	PUNCT
fbem-31122	327	6	y.	y.	PROPN
fbem-31122	327	7	,	,	PUNCT
fbem-31122	327	8	ma	ma	PROPN
fbem-31122	327	9	,	,	PUNCT
fbem-31122	327	10	x.	x.	PROPN
fbem-31122	327	11	,	,	PUNCT
fbem-31122	327	12	ma	ma	PROPN
fbem-31122	327	13	,	,	PUNCT
fbem-31122	327	14	x.	x.	PROPN
fbem-31122	327	15	,	,	PUNCT
fbem-31122	327	16	shen	shen	PROPN
fbem-31122	327	17	,	,	PUNCT
fbem-31122	327	18	m.	m.	NOUN
fbem-31122	327	19	and	and	CCONJ
fbem-31122	327	20	chen	chen	PROPN
fbem-31122	327	21	,	,	PUNCT
fbem-31122	327	22	j.	j.	PROPN
fbem-31122	327	23	,	,	PUNCT
fbem-31122	327	24	2023	2023	NUM
fbem-31122	327	25	.	.	PUNCT
fbem-31122	327	26	does	do	VERB
fbem-31122	327	27	green	green	ADJ
fbem-31122	327	28	transformation	transformation	NOUN
fbem-31122	327	29	trigger	trigger	NOUN
fbem-31122	327	30	green	green	ADJ
fbem-31122	327	31	premiums	premium	NOUN
fbem-31122	327	32	?	?	PUNCT
fbem-31122	328	1	evidence	evidence	NOUN
fbem-31122	328	2	from	from	ADP
fbem-31122	328	3	chinese	chinese	ADJ
fbem-31122	328	4	listed	list	VERB
fbem-31122	328	5	manufacturing	manufacturing	NOUN
fbem-31122	328	6	firms	firm	NOUN
fbem-31122	328	7	.	.	PUNCT
fbem-31122	329	1	journal	journal	NOUN
fbem-31122	329	2	of	of	ADP
fbem-31122	329	3	cleaner	clean	ADJ
fbem-31122	329	4	production	production	NOUN
fbem-31122	329	5	,	,	PUNCT
fbem-31122	329	6	407	407	NUM
fbem-31122	329	7	,	,	PUNCT
fbem-31122	329	8	p.136858	p.136858	NOUN
fbem-31122	329	9	.	.	PUNCT
fbem-31122	330	1	[	[	X
fbem-31122	330	2	4	4	NUM
fbem-31122	330	3	]	]	X
fbem-31122	330	4	chen	chen	PROPN
fbem-31122	330	5	,	,	PUNCT
fbem-31122	330	6	y.	y.	PROPN
fbem-31122	330	7	,	,	PUNCT
fbem-31122	330	8	xu	xu	PROPN
fbem-31122	330	9	,	,	PUNCT
fbem-31122	330	10	z.	z.	PROPN
fbem-31122	330	11	,	,	PUNCT
fbem-31122	330	12	wang	wang	PROPN
fbem-31122	330	13	,	,	PUNCT
fbem-31122	330	14	x.	x.	PROPN
fbem-31122	330	15	and	and	CCONJ
fbem-31122	330	16	yang	yang	PROPN
fbem-31122	330	17	,	,	PUNCT
fbem-31122	330	18	y.	y.	PROPN
fbem-31122	330	19	,	,	PUNCT
fbem-31122	330	20	2023	2023	NUM
fbem-31122	330	21	.	.	PUNCT
fbem-31122	331	1	how	how	SCONJ
fbem-31122	331	2	does	do	AUX
fbem-31122	331	3	green	green	ADJ
fbem-31122	331	4	credit	credit	NOUN
fbem-31122	331	5	policy	policy	NOUN
fbem-31122	331	6	improve	improve	VERB
fbem-31122	331	7	corporate	corporate	ADJ
fbem-31122	331	8	social	social	ADJ
fbem-31122	331	9	responsibility	responsibility	NOUN
fbem-31122	331	10	in	in	ADP
fbem-31122	331	11	china	china	PROPN
fbem-31122	331	12	?	?	PUNCT
fbem-31122	332	1	an	an	DET
fbem-31122	332	2	analysis	analysis	NOUN
fbem-31122	332	3	based	base	VERB
fbem-31122	332	4	on	on	ADP
fbem-31122	332	5	carbon‐intensive	carbon‐intensive	ADJ
fbem-31122	332	6	listed	list	VERB
fbem-31122	332	7	firms	firm	NOUN
fbem-31122	332	8	.	.	PUNCT
fbem-31122	333	1	corporate	corporate	ADJ
fbem-31122	333	2	social	social	ADJ
fbem-31122	333	3	responsibility	responsibility	NOUN
fbem-31122	333	4	and	and	CCONJ
fbem-31122	333	5	environmental	environmental	ADJ
fbem-31122	333	6	management	management	NOUN
fbem-31122	333	7	,	,	PUNCT
fbem-31122	333	8	30(2	30(2	NUM
fbem-31122	333	9	)	)	PUNCT
fbem-31122	333	10	,	,	PUNCT
fbem-31122	333	11	pp.889	pp.889	PROPN
fbem-31122	333	12	-	-	SYM
fbem-31122	333	13	904	904	NUM
fbem-31122	333	14	.	.	PUNCT
fbem-31122	334	1	[	[	X
fbem-31122	334	2	5	5	NUM
fbem-31122	334	3	]	]	X
fbem-31122	334	4	cheng	cheng	PROPN
fbem-31122	334	5	,	,	PUNCT
fbem-31122	334	6	z.	z.	PROPN
fbem-31122	334	7	,	,	PUNCT
fbem-31122	334	8	kai	kai	PROPN
fbem-31122	334	9	,	,	PUNCT
fbem-31122	334	10	z.	z.	PROPN
fbem-31122	334	11	and	and	CCONJ
fbem-31122	334	12	zhu	zhu	PROPN
fbem-31122	334	13	,	,	PUNCT
fbem-31122	334	14	s.	s.	PROPN
fbem-31122	334	15	,	,	PUNCT
fbem-31122	334	16	2023	2023	NUM
fbem-31122	334	17	.	.	PUNCT
fbem-31122	334	18	does	do	AUX
fbem-31122	334	19	green	green	ADJ
fbem-31122	334	20	finance	finance	NOUN
fbem-31122	334	21	regulation	regulation	NOUN
fbem-31122	334	22	improve	improve	VERB
fbem-31122	334	23	renewable	renewable	ADJ
fbem-31122	334	24	energy	energy	NOUN
fbem-31122	334	25	utilization	utilization	NOUN
fbem-31122	334	26	?	?	PUNCT
fbem-31122	335	1	evidence	evidence	NOUN
fbem-31122	335	2	from	from	ADP
fbem-31122	335	3	energy	energy	NOUN
fbem-31122	335	4	consumption	consumption	NOUN
fbem-31122	335	5	efficiency	efficiency	NOUN
fbem-31122	335	6	.	.	PUNCT
fbem-31122	336	1	renewable	renewable	ADJ
fbem-31122	336	2	energy	energy	NOUN
fbem-31122	336	3	,	,	PUNCT
fbem-31122	336	4	208	208	NUM
fbem-31122	336	5	,	,	PUNCT
fbem-31122	336	6	pp.63	pp.63	NOUN
fbem-31122	336	7	-	-	NOUN
fbem-31122	336	8	75	75	NUM
fbem-31122	336	9	.	.	PUNCT
fbem-31122	337	1	[	[	X
fbem-31122	337	2	6	6	NUM
fbem-31122	337	3	]	]	X
fbem-31122	337	4	council	council	NOUN
fbem-31122	337	5	,	,	PUNCT
fbem-31122	337	6	f.r	f.r	PROPN
fbem-31122	337	7	.	.	PROPN
fbem-31122	337	8	,	,	PUNCT
fbem-31122	337	9	2012	2012	NUM
fbem-31122	337	10	.	.	PUNCT
fbem-31122	338	1	the	the	DET
fbem-31122	338	2	uk	uk	PROPN
fbem-31122	338	3	corporate	corporate	ADJ
fbem-31122	338	4	governance	governance	NOUN
fbem-31122	338	5	code	code	NOUN
fbem-31122	338	6	.	.	PUNCT
fbem-31122	339	1	london	london	PROPN
fbem-31122	339	2	,	,	PUNCT
fbem-31122	339	3	september	september	PROPN
fbem-31122	339	4	.	.	PUNCT
fbem-31122	340	1	[	[	X
fbem-31122	340	2	7	7	NUM
fbem-31122	340	3	]	]	X
fbem-31122	340	4	driver	driver	NOUN
fbem-31122	340	5	,	,	PUNCT
fbem-31122	340	6	c.	c.	PROPN
fbem-31122	340	7	,	,	PUNCT
fbem-31122	340	8	temple	temple	NOUN
fbem-31122	340	9	,	,	PUNCT
fbem-31122	340	10	p.	p.	NOUN
fbem-31122	340	11	and	and	CCONJ
fbem-31122	340	12	urga	urga	NOUN
fbem-31122	340	13	,	,	PUNCT
fbem-31122	340	14	g.	g.	NOUN
fbem-31122	340	15	,	,	PUNCT
fbem-31122	340	16	2005	2005	NUM
fbem-31122	340	17	.	.	PUNCT
fbem-31122	341	1	profitability	profitability	NOUN
fbem-31122	341	2	,	,	PUNCT
fbem-31122	341	3	capacity	capacity	NOUN
fbem-31122	341	4	,	,	PUNCT
fbem-31122	341	5	and	and	CCONJ
fbem-31122	341	6	uncertainty	uncertainty	NOUN
fbem-31122	341	7	:	:	PUNCT
fbem-31122	341	8	a	a	DET
fbem-31122	341	9	model	model	NOUN
fbem-31122	341	10	of	of	ADP
fbem-31122	341	11	uk	uk	PROPN
fbem-31122	341	12	manufacturing	manufacturing	NOUN
fbem-31122	341	13	investment	investment	NOUN
fbem-31122	341	14	.	.	PUNCT
fbem-31122	342	1	oxford	oxford	PROPN
fbem-31122	342	2	economic	economic	ADJ
fbem-31122	342	3	papers	paper	NOUN
fbem-31122	342	4	,	,	PUNCT
fbem-31122	342	5	57(1	57(1	NUM
fbem-31122	342	6	)	)	PUNCT
fbem-31122	342	7	,	,	PUNCT
fbem-31122	342	8	pp.120	pp.120	NOUN
fbem-31122	342	9	-	-	PUNCT
fbem-31122	342	10	141	141	NUM
fbem-31122	342	11	.	.	PUNCT
fbem-31122	343	1	[	[	X
fbem-31122	343	2	8	8	NUM
fbem-31122	343	3	]	]	SYM
fbem-31122	343	4	du	du	X
fbem-31122	343	5	,	,	PUNCT
fbem-31122	343	6	j.	j.	PROPN
fbem-31122	343	7	and	and	CCONJ
fbem-31122	343	8	temouri	temouri	PROPN
fbem-31122	343	9	,	,	PUNCT
fbem-31122	343	10	y.	y.	PROPN
fbem-31122	343	11	,	,	PUNCT
fbem-31122	343	12	2015	2015	NUM
fbem-31122	343	13	.	.	PUNCT
fbem-31122	344	1	high	high	ADJ
fbem-31122	344	2	-	-	PUNCT
fbem-31122	344	3	growth	growth	NOUN
fbem-31122	344	4	firms	firm	NOUN
fbem-31122	344	5	and	and	CCONJ
fbem-31122	344	6	productivity	productivity	NOUN
fbem-31122	344	7	:	:	PUNCT
fbem-31122	344	8	evidence	evidence	NOUN
fbem-31122	344	9	from	from	ADP
fbem-31122	344	10	the	the	DET
fbem-31122	344	11	united	united	ADJ
fbem-31122	344	12	kingdom	kingdom	PROPN
fbem-31122	344	13	.	.	PUNCT
fbem-31122	345	1	small	small	ADJ
fbem-31122	345	2	business	business	NOUN
fbem-31122	345	3	economics	economic	NOUN
fbem-31122	345	4	,	,	PUNCT
fbem-31122	345	5	44	44	NUM
fbem-31122	345	6	,	,	PUNCT
fbem-31122	345	7	pp.123	pp.123	NOUN
fbem-31122	345	8	-	-	PUNCT
fbem-31122	345	9	143	143	NUM
fbem-31122	345	10	.	.	PUNCT
fbem-31122	346	1	[	[	X
fbem-31122	346	2	9	9	NUM
fbem-31122	346	3	]	]	PUNCT
fbem-31122	346	4	edim	edim	NOUN
fbem-31122	346	5	,	,	PUNCT
fbem-31122	346	6	n.o	n.o	PROPN
fbem-31122	346	7	.	.	PROPN
fbem-31122	346	8	,	,	PUNCT
fbem-31122	346	9	atseye	atseye	NOUN
fbem-31122	346	10	,	,	PUNCT
fbem-31122	346	11	f.a	f.a	PROPN
fbem-31122	346	12	.	.	PROPN
fbem-31122	346	13	and	and	CCONJ
fbem-31122	346	14	eke	eke	ADJ
fbem-31122	346	15	,	,	PUNCT
fbem-31122	346	16	f.a	f.a	PROPN
fbem-31122	346	17	.	.	PROPN
fbem-31122	346	18	,	,	PUNCT
fbem-31122	346	19	2014	2014	NUM
fbem-31122	346	20	.	.	PUNCT
fbem-31122	347	1	relationship	relationship	NOUN
fbem-31122	347	2	between	between	ADP
fbem-31122	347	3	capital	capital	NOUN
fbem-31122	347	4	structure	structure	NOUN
fbem-31122	347	5	and	and	CCONJ
fbem-31122	347	6	firm	firm	NOUN
fbem-31122	347	7	’s	’s	PART
fbem-31122	347	8	performance	performance	NOUN
fbem-31122	347	9	:	:	PUNCT
fbem-31122	347	10	theoretical	theoretical	ADJ
fbem-31122	347	11	review	review	NOUN
fbem-31122	347	12	.	.	PUNCT
fbem-31122	348	1	journal	journal	PROPN
fbem-31122	348	2	of	of	ADP
fbem-31122	348	3	economics	economic	NOUN
fbem-31122	348	4	and	and	CCONJ
fbem-31122	348	5	sustainable	sustainable	ADJ
fbem-31122	348	6	development	development	NOUN
fbem-31122	348	7	,	,	PUNCT
fbem-31122	348	8	5(17	5(17	NUM
fbem-31122	348	9	)	)	PUNCT
fbem-31122	348	10	,	,	PUNCT
fbem-31122	348	11	pp.72	pp.72	PROPN
fbem-31122	348	12	-	-	PUNCT
fbem-31122	348	13	76	76	NUM
fbem-31122	348	14	.	.	PUNCT
fbem-31122	349	1	[	[	X
fbem-31122	349	2	10	10	NUM
fbem-31122	349	3	]	]	X
fbem-31122	349	4	foresight	foresight	NOUN
fbem-31122	349	5	,	,	PUNCT
fbem-31122	349	6	u.k	u.k	PROPN
fbem-31122	349	7	.	.	PROPN
fbem-31122	349	8	,	,	PUNCT
fbem-31122	349	9	2013	2013	NUM
fbem-31122	349	10	.	.	PUNCT
fbem-31122	350	1	the	the	DET
fbem-31122	350	2	future	future	NOUN
fbem-31122	350	3	of	of	ADP
fbem-31122	350	4	manufacturing	manufacturing	NOUN
fbem-31122	350	5	:	:	PUNCT
fbem-31122	350	6	a	a	DET
fbem-31122	350	7	new	new	ADJ
fbem-31122	350	8	era	era	NOUN
fbem-31122	350	9	of	of	ADP
fbem-31122	350	10	opportunity	opportunity	NOUN
fbem-31122	350	11	and	and	CCONJ
fbem-31122	350	12	challenge	challenge	NOUN
fbem-31122	350	13	for	for	ADP
fbem-31122	350	14	the	the	DET
fbem-31122	350	15	uk	uk	PROPN
fbem-31122	350	16	.	.	PROPN
fbem-31122	350	17	summary	summary	NOUN
fbem-31122	350	18	report	report	NOUN
fbem-31122	350	19	,	,	PUNCT
fbem-31122	350	20	the	the	DET
fbem-31122	350	21	government	government	NOUN
fbem-31122	350	22	office	office	NOUN
fbem-31122	350	23	for	for	ADP
fbem-31122	350	24	science	science	NOUN
fbem-31122	350	25	,	,	PUNCT
fbem-31122	350	26	london	london	PROPN
fbem-31122	350	27	,	,	PUNCT
fbem-31122	350	28	20	20	NUM
fbem-31122	350	29	.	.	PUNCT
fbem-31122	350	30	152	152	NUM
fbem-31122	351	1	[	[	X
fbem-31122	351	2	11	11	NUM
fbem-31122	351	3	]	]	X
fbem-31122	351	4	graham	graham	PROPN
fbem-31122	351	5	,	,	PUNCT
fbem-31122	351	6	j.r	j.r	PROPN
fbem-31122	351	7	.	.	PROPN
fbem-31122	351	8	,	,	PUNCT
fbem-31122	351	9	2003	2003	NUM
fbem-31122	351	10	.	.	PUNCT
fbem-31122	352	1	taxes	taxis	NOUN
fbem-31122	352	2	and	and	CCONJ
fbem-31122	352	3	corporate	corporate	ADJ
fbem-31122	352	4	finance	finance	NOUN
fbem-31122	352	5	:	:	PUNCT
fbem-31122	352	6	a	a	DET
fbem-31122	352	7	review	review	NOUN
fbem-31122	352	8	.	.	PUNCT
fbem-31122	353	1	the	the	DET
fbem-31122	353	2	review	review	NOUN
fbem-31122	353	3	of	of	ADP
fbem-31122	353	4	financial	financial	ADJ
fbem-31122	353	5	studies	study	NOUN
fbem-31122	353	6	,	,	PUNCT
fbem-31122	353	7	16(4	16(4	NUM
fbem-31122	353	8	)	)	PUNCT
fbem-31122	353	9	,	,	PUNCT
fbem-31122	353	10	pp.1075	pp.1075	PROPN
fbem-31122	353	11	-	-	PROPN
fbem-31122	353	12	1129	1129	NUM
fbem-31122	353	13	.	.	PUNCT
fbem-31122	354	1	[	[	X
fbem-31122	354	2	12	12	NUM
fbem-31122	354	3	]	]	X
fbem-31122	354	4	herring	herring	NOUN
fbem-31122	354	5	,	,	PUNCT
fbem-31122	354	6	r.j	r.j	PROPN
fbem-31122	354	7	.	.	PROPN
fbem-31122	354	8	and	and	CCONJ
fbem-31122	354	9	chatusripitak	chatusripitak	PROPN
fbem-31122	354	10	,	,	PUNCT
fbem-31122	354	11	n.	n.	NOUN
fbem-31122	354	12	,	,	PUNCT
fbem-31122	354	13	2000	2000	NUM
fbem-31122	354	14	.	.	PUNCT
fbem-31122	355	1	the	the	DET
fbem-31122	355	2	case	case	NOUN
fbem-31122	355	3	of	of	ADP
fbem-31122	355	4	the	the	DET
fbem-31122	355	5	missing	miss	VERB
fbem-31122	355	6	market	market	NOUN
fbem-31122	355	7	:	:	PUNCT
fbem-31122	355	8	the	the	DET
fbem-31122	355	9	bond	bond	NOUN
fbem-31122	355	10	market	market	NOUN
fbem-31122	355	11	and	and	CCONJ
fbem-31122	355	12	why	why	SCONJ
fbem-31122	355	13	it	it	PRON
fbem-31122	355	14	matters	matter	VERB
fbem-31122	355	15	for	for	ADP
fbem-31122	355	16	financial	financial	ADJ
fbem-31122	355	17	development	development	NOUN
fbem-31122	355	18	(	(	PUNCT
fbem-31122	355	19	pp	pp	PROPN
fbem-31122	355	20	.	.	PUNCT
fbem-31122	355	21	01	01	NUM
fbem-31122	355	22	-	-	SYM
fbem-31122	355	23	08	08	NUM
fbem-31122	355	24	)	)	PUNCT
fbem-31122	355	25	.	.	PUNCT
fbem-31122	356	1	[	[	X
fbem-31122	356	2	13	13	NUM
fbem-31122	356	3	]	]	X
fbem-31122	356	4	huang	huang	PROPN
fbem-31122	356	5	,	,	PUNCT
fbem-31122	356	6	h.	h.	PROPN
fbem-31122	356	7	and	and	CCONJ
fbem-31122	356	8	zhang	zhang	PROPN
fbem-31122	356	9	,	,	PUNCT
fbem-31122	356	10	j.	j.	PROPN
fbem-31122	356	11	,	,	PUNCT
fbem-31122	356	12	2021	2021	NUM
fbem-31122	356	13	.	.	PUNCT
fbem-31122	357	1	research	research	NOUN
fbem-31122	357	2	on	on	ADP
fbem-31122	357	3	the	the	DET
fbem-31122	357	4	environmental	environmental	ADJ
fbem-31122	357	5	effect	effect	NOUN
fbem-31122	357	6	of	of	ADP
fbem-31122	357	7	green	green	ADJ
fbem-31122	357	8	finance	finance	NOUN
fbem-31122	357	9	policy	policy	NOUN
fbem-31122	357	10	based	base	VERB
fbem-31122	357	11	on	on	ADP
fbem-31122	357	12	the	the	DET
fbem-31122	357	13	analysis	analysis	NOUN
fbem-31122	357	14	of	of	ADP
fbem-31122	357	15	pilot	pilot	NOUN
fbem-31122	357	16	zones	zone	NOUN
fbem-31122	357	17	for	for	ADP
fbem-31122	357	18	green	green	ADJ
fbem-31122	357	19	finance	finance	NOUN
fbem-31122	357	20	reform	reform	NOUN
fbem-31122	357	21	and	and	CCONJ
fbem-31122	357	22	innovations	innovation	NOUN
fbem-31122	357	23	.	.	PUNCT
fbem-31122	358	1	sustainability	sustainability	NOUN
fbem-31122	358	2	,	,	PUNCT
fbem-31122	358	3	13(7	13(7	NUM
fbem-31122	358	4	)	)	PUNCT
fbem-31122	358	5	,	,	PUNCT
fbem-31122	358	6	p.3754	p.3754	ADJ
fbem-31122	358	7	.	.	PUNCT
fbem-31122	359	1	[	[	X
fbem-31122	359	2	14	14	NUM
fbem-31122	359	3	]	]	PUNCT
fbem-31122	359	4	leach	leach	NOUN
fbem-31122	359	5	,	,	PUNCT
fbem-31122	359	6	k.	k.	NOUN
fbem-31122	359	7	and	and	CCONJ
fbem-31122	359	8	embassy	embassy	PROPN
fbem-31122	359	9	,	,	PUNCT
fbem-31122	359	10	b.	b.	PROPN
fbem-31122	359	11	,	,	PUNCT
fbem-31122	359	12	2009	2009	NUM
fbem-31122	359	13	.	.	PUNCT
fbem-31122	360	1	the	the	DET
fbem-31122	360	2	uk	uk	PROPN
fbem-31122	360	3	low	low	ADJ
fbem-31122	360	4	carbon	carbon	NOUN
fbem-31122	360	5	transition	transition	NOUN
fbem-31122	360	6	plan	plan	NOUN
fbem-31122	360	7	.	.	PUNCT
fbem-31122	361	1	[	[	X
fbem-31122	361	2	15	15	NUM
fbem-31122	361	3	]	]	X
fbem-31122	361	4	margaritis	margaritis	NOUN
fbem-31122	361	5	,	,	PUNCT
fbem-31122	361	6	d.	d.	PROPN
fbem-31122	361	7	and	and	CCONJ
fbem-31122	361	8	psillaki	psillaki	PROPN
fbem-31122	361	9	,	,	PUNCT
fbem-31122	361	10	m.	m.	NOUN
fbem-31122	361	11	,	,	PUNCT
fbem-31122	361	12	2010	2010	NUM
fbem-31122	361	13	.	.	PUNCT
fbem-31122	362	1	capital	capital	NOUN
fbem-31122	362	2	structure	structure	NOUN
fbem-31122	362	3	,	,	PUNCT
fbem-31122	362	4	equity	equity	NOUN
fbem-31122	362	5	ownership	ownership	NOUN
fbem-31122	362	6	and	and	CCONJ
fbem-31122	362	7	firm	firm	ADJ
fbem-31122	362	8	performance	performance	NOUN
fbem-31122	362	9	.	.	PUNCT
fbem-31122	363	1	journal	journal	NOUN
fbem-31122	363	2	of	of	ADP
fbem-31122	363	3	banking	banking	NOUN
fbem-31122	363	4	&	&	CCONJ
fbem-31122	363	5	finance	finance	PROPN
fbem-31122	363	6	,	,	PUNCT
fbem-31122	363	7	34(3	34(3	NUM
fbem-31122	363	8	)	)	PUNCT
fbem-31122	363	9	,	,	PUNCT
fbem-31122	363	10	pp.621	pp.621	PROPN
fbem-31122	363	11	-	-	PUNCT
fbem-31122	363	12	632	632	NUM
fbem-31122	363	13	.	.	PUNCT
fbem-31122	364	1	[	[	X
fbem-31122	364	2	16	16	NUM
fbem-31122	364	3	]	]	X
fbem-31122	364	4	mendez	mendez	PROPN
fbem-31122	364	5	-	-	PUNCT
fbem-31122	364	6	parra	parra	PROPN
fbem-31122	364	7	,	,	PUNCT
fbem-31122	364	8	m.	m.	NOUN
fbem-31122	364	9	,	,	PUNCT
fbem-31122	364	10	te	te	ADP
fbem-31122	364	11	velde	velde	PROPN
fbem-31122	364	12	,	,	PUNCT
fbem-31122	364	13	d.w	d.w	PROPN
fbem-31122	364	14	.	.	PROPN
fbem-31122	365	1	and	and	CCONJ
fbem-31122	365	2	winters	winter	NOUN
fbem-31122	365	3	,	,	PUNCT
fbem-31122	365	4	l.a	l.a	PROPN
fbem-31122	365	5	.	.	PROPN
fbem-31122	365	6	,	,	PUNCT
fbem-31122	365	7	2016	2016	NUM
fbem-31122	365	8	.	.	PUNCT
fbem-31122	366	1	the	the	DET
fbem-31122	366	2	impact	impact	NOUN
fbem-31122	366	3	of	of	ADP
fbem-31122	366	4	the	the	DET
fbem-31122	366	5	uk	uk	PROPN
fbem-31122	366	6	's	's	PART
fbem-31122	366	7	post	post	ADJ
fbem-31122	366	8	-	-	ADJ
fbem-31122	366	9	brexit	brexit	ADJ
fbem-31122	366	10	trade	trade	NOUN
fbem-31122	366	11	policy	policy	NOUN
fbem-31122	366	12	on	on	ADP
fbem-31122	366	13	development	development	NOUN
fbem-31122	366	14	.	.	PUNCT
fbem-31122	367	1	london	london	PROPN
fbem-31122	367	2	:	:	PUNCT
fbem-31122	367	3	odi	odi	PROPN
fbem-31122	367	4	,	,	PUNCT
fbem-31122	367	5	uk	uk	PROPN
fbem-31122	367	6	trade	trade	NOUN
fbem-31122	367	7	policy	policy	NOUN
fbem-31122	367	8	observatory	observatory	NOUN
fbem-31122	367	9	(	(	PUNCT
fbem-31122	367	10	uktpo	uktpo	ADJ
fbem-31122	367	11	)	)	PUNCT
fbem-31122	367	12	.	.	PUNCT
fbem-31122	368	1	[	[	X
fbem-31122	368	2	17	17	NUM
fbem-31122	368	3	]	]	SYM
fbem-31122	368	4	modigliani	modigliani	PROPN
fbem-31122	368	5	,	,	PUNCT
fbem-31122	368	6	f.	f.	PROPN
fbem-31122	368	7	and	and	CCONJ
fbem-31122	368	8	miller	miller	PROPN
fbem-31122	368	9	,	,	PUNCT
fbem-31122	368	10	m.h	m.h	PROPN
fbem-31122	368	11	.	.	PROPN
fbem-31122	368	12	,	,	PUNCT
fbem-31122	368	13	1958	1958	NUM
fbem-31122	368	14	.	.	PUNCT
fbem-31122	369	1	the	the	DET
fbem-31122	369	2	cost	cost	NOUN
fbem-31122	369	3	of	of	ADP
fbem-31122	369	4	capital	capital	NOUN
fbem-31122	369	5	,	,	PUNCT
fbem-31122	369	6	corporation	corporation	NOUN
fbem-31122	369	7	finance	finance	NOUN
fbem-31122	369	8	and	and	CCONJ
fbem-31122	369	9	the	the	DET
fbem-31122	369	10	theory	theory	NOUN
fbem-31122	369	11	of	of	ADP
fbem-31122	369	12	investment	investment	NOUN
fbem-31122	369	13	.	.	PUNCT
fbem-31122	370	1	the	the	DET
fbem-31122	370	2	american	american	PROPN
fbem-31122	370	3	economic	economic	PROPN
fbem-31122	370	4	review	review	PROPN
fbem-31122	370	5	,	,	PUNCT
fbem-31122	370	6	48(3	48(3	PROPN
fbem-31122	370	7	)	)	PUNCT
fbem-31122	370	8	,	,	PUNCT
fbem-31122	370	9	pp.261	pp.261	PROPN
fbem-31122	370	10	-	-	PUNCT
fbem-31122	370	11	297	297	NUM
fbem-31122	370	12	.	.	PUNCT
fbem-31122	371	1	[	[	X
fbem-31122	371	2	18	18	NUM
fbem-31122	371	3	]	]	SYM
fbem-31122	371	4	modigliani	modigliani	PROPN
fbem-31122	371	5	,	,	PUNCT
fbem-31122	371	6	f.	f.	PROPN
fbem-31122	371	7	and	and	CCONJ
fbem-31122	371	8	miller	miller	PROPN
fbem-31122	371	9	,	,	PUNCT
fbem-31122	371	10	m.h	m.h	PROPN
fbem-31122	371	11	.	.	PROPN
fbem-31122	371	12	,	,	PUNCT
fbem-31122	371	13	1963	1963	NUM
fbem-31122	371	14	.	.	PUNCT
fbem-31122	371	15	corporate	corporate	ADJ
fbem-31122	371	16	income	income	NOUN
fbem-31122	371	17	taxes	taxis	NOUN
fbem-31122	371	18	and	and	CCONJ
fbem-31122	371	19	the	the	DET
fbem-31122	371	20	cost	cost	NOUN
fbem-31122	371	21	of	of	ADP
fbem-31122	371	22	capital	capital	NOUN
fbem-31122	371	23	:	:	PUNCT
fbem-31122	371	24	a	a	DET
fbem-31122	371	25	correction	correction	NOUN
fbem-31122	371	26	.	.	PUNCT
fbem-31122	372	1	the	the	DET
fbem-31122	372	2	american	american	PROPN
fbem-31122	372	3	economic	economic	PROPN
fbem-31122	372	4	review	review	PROPN
fbem-31122	372	5	,	,	PUNCT
fbem-31122	372	6	53(3	53(3	NUM
fbem-31122	372	7	)	)	PUNCT
fbem-31122	372	8	,	,	PUNCT
fbem-31122	372	9	pp.433	pp.433	NOUN
fbem-31122	372	10	-	-	PUNCT
fbem-31122	372	11	443	443	NUM
fbem-31122	372	12	.	.	PUNCT
fbem-31122	373	1	[	[	X
fbem-31122	373	2	19	19	NUM
fbem-31122	373	3	]	]	X
fbem-31122	373	4	myers	myer	NOUN
fbem-31122	373	5	,	,	PUNCT
fbem-31122	373	6	s.c	s.c	PROPN
fbem-31122	373	7	.	.	PROPN
fbem-31122	373	8	,	,	PUNCT
fbem-31122	373	9	1984	1984	NUM
fbem-31122	373	10	.	.	PUNCT
fbem-31122	373	11	capital	capital	NOUN
fbem-31122	373	12	structure	structure	NOUN
fbem-31122	373	13	puzzle	puzzle	NOUN
fbem-31122	373	14	.	.	PUNCT
fbem-31122	374	1	[	[	X
fbem-31122	374	2	20	20	NUM
fbem-31122	374	3	]	]	X
fbem-31122	374	4	nasution	nasution	NOUN
fbem-31122	374	5	,	,	PUNCT
fbem-31122	374	6	a.a	a.a	PROPN
fbem-31122	374	7	.	.	PROPN
fbem-31122	374	8	,	,	PUNCT
fbem-31122	374	9	siregar	siregar	NOUN
fbem-31122	374	10	,	,	PUNCT
fbem-31122	374	11	i.	i.	NOUN
fbem-31122	374	12	and	and	CCONJ
fbem-31122	374	13	panggabean	panggabean	PROPN
fbem-31122	374	14	,	,	PUNCT
fbem-31122	374	15	r.	r.	PROPN
fbem-31122	374	16	,	,	PUNCT
fbem-31122	374	17	2017	2017	NUM
fbem-31122	374	18	,	,	PUNCT
fbem-31122	374	19	november	november	PROPN
fbem-31122	374	20	.	.	PUNCT
fbem-31122	375	1	the	the	DET
fbem-31122	375	2	effect	effect	NOUN
fbem-31122	375	3	of	of	ADP
fbem-31122	375	4	profitability	profitability	NOUN
fbem-31122	375	5	,	,	PUNCT
fbem-31122	375	6	asset	asset	NOUN
fbem-31122	375	7	tangibility	tangibility	NOUN
fbem-31122	375	8	,	,	PUNCT
fbem-31122	375	9	corporate	corporate	ADJ
fbem-31122	375	10	tax	tax	NOUN
fbem-31122	375	11	,	,	PUNCT
fbem-31122	375	12	non	non	ADJ
fbem-31122	375	13	-	-	ADJ
fbem-31122	375	14	debt	debt	ADJ
fbem-31122	375	15	tax	tax	NOUN
fbem-31122	375	16	shield	shield	NOUN
fbem-31122	375	17	and	and	CCONJ
fbem-31122	375	18	inflation	inflation	NOUN
fbem-31122	375	19	upon	upon	SCONJ
fbem-31122	375	20	the	the	DET
fbem-31122	375	21	financial	financial	ADJ
fbem-31122	375	22	capital	capital	NOUN
fbem-31122	375	23	structure	structure	NOUN
fbem-31122	375	24	of	of	ADP
fbem-31122	375	25	the	the	DET
fbem-31122	375	26	manufacturing	manufacture	VERB
fbem-31122	375	27	companies	company	NOUN
fbem-31122	375	28	listed	list	VERB
fbem-31122	375	29	on	on	ADP
fbem-31122	375	30	the	the	DET
fbem-31122	375	31	indonesian	indonesian	ADJ
fbem-31122	375	32	stock	stock	PROPN
fbem-31122	375	33	exchange	exchange	PROPN
fbem-31122	375	34	.	.	PUNCT
fbem-31122	376	1	in	in	ADP
fbem-31122	376	2	international	international	ADJ
fbem-31122	376	3	conference	conference	NOUN
fbem-31122	376	4	on	on	ADP
fbem-31122	376	5	business	business	NOUN
fbem-31122	376	6	and	and	CCONJ
fbem-31122	376	7	management	management	NOUN
fbem-31122	376	8	research	research	NOUN
fbem-31122	376	9	(	(	PUNCT
fbem-31122	376	10	icbmr	icbmr	NOUN
fbem-31122	376	11	2017	2017	NUM
fbem-31122	376	12	)	)	PUNCT
fbem-31122	376	13	(	(	PUNCT
fbem-31122	376	14	pp	pp	ADJ
fbem-31122	376	15	.	.	PUNCT
fbem-31122	377	1	65	65	NUM
fbem-31122	377	2	-	-	SYM
fbem-31122	377	3	74	74	NUM
fbem-31122	377	4	)	)	PUNCT
fbem-31122	377	5	.	.	PUNCT
fbem-31122	378	1	atlantis	atlantis	PROPN
fbem-31122	378	2	press	press	PROPN
fbem-31122	378	3	.	.	PUNCT
fbem-31122	379	1	[	[	X
fbem-31122	379	2	21	21	NUM
fbem-31122	379	3	]	]	X
fbem-31122	379	4	ramanathan	ramanathan	PROPN
fbem-31122	379	5	,	,	PUNCT
fbem-31122	379	6	r.	r.	PROPN
fbem-31122	379	7	,	,	PUNCT
fbem-31122	379	8	he	he	PRON
fbem-31122	379	9	,	,	PUNCT
fbem-31122	379	10	q.	q.	PROPN
fbem-31122	379	11	,	,	PUNCT
fbem-31122	379	12	black	black	ADJ
fbem-31122	379	13	,	,	PUNCT
fbem-31122	379	14	a.	a.	NOUN
fbem-31122	379	15	,	,	PUNCT
fbem-31122	379	16	ghobadian	ghobadian	NOUN
fbem-31122	379	17	,	,	PUNCT
fbem-31122	379	18	a.	a.	NOUN
fbem-31122	379	19	and	and	CCONJ
fbem-31122	379	20	gallear	gallear	PROPN
fbem-31122	379	21	,	,	PUNCT
fbem-31122	379	22	d.	d.	PROPN
fbem-31122	379	23	,	,	PUNCT
fbem-31122	379	24	2017	2017	NUM
fbem-31122	379	25	.	.	PUNCT
fbem-31122	380	1	environmental	environmental	ADJ
fbem-31122	380	2	regulations	regulation	NOUN
fbem-31122	380	3	,	,	PUNCT
fbem-31122	380	4	innovation	innovation	NOUN
fbem-31122	380	5	and	and	CCONJ
fbem-31122	380	6	firm	firm	ADJ
fbem-31122	380	7	performance	performance	NOUN
fbem-31122	380	8	:	:	PUNCT
fbem-31122	380	9	a	a	DET
fbem-31122	380	10	revisit	revisit	NOUN
fbem-31122	380	11	of	of	ADP
fbem-31122	380	12	the	the	DET
fbem-31122	380	13	porter	porter	NOUN
fbem-31122	380	14	hypothesis	hypothesis	NOUN
fbem-31122	380	15	.	.	PUNCT
fbem-31122	381	1	journal	journal	PROPN
fbem-31122	381	2	of	of	ADP
fbem-31122	381	3	cleaner	clean	ADJ
fbem-31122	381	4	production	production	NOUN
fbem-31122	381	5	,	,	PUNCT
fbem-31122	381	6	155	155	NUM
fbem-31122	381	7	,	,	PUNCT
fbem-31122	381	8	pp.79	pp.79	NOUN
fbem-31122	381	9	-	-	PUNCT
fbem-31122	381	10	92	92	NUM
fbem-31122	381	11	.	.	PUNCT
fbem-31122	382	1	[	[	X
fbem-31122	382	2	22	22	NUM
fbem-31122	382	3	]	]	PUNCT
fbem-31122	382	4	ran	ran	NOUN
fbem-31122	382	5	,	,	PUNCT
fbem-31122	382	6	c.	c.	PROPN
fbem-31122	382	7	and	and	CCONJ
fbem-31122	382	8	zhang	zhang	PROPN
fbem-31122	382	9	,	,	PUNCT
fbem-31122	382	10	y.	y.	PROPN
fbem-31122	382	11	,	,	PUNCT
fbem-31122	382	12	2023	2023	NUM
fbem-31122	382	13	.	.	PUNCT
fbem-31122	383	1	does	do	AUX
fbem-31122	383	2	green	green	ADJ
fbem-31122	383	3	finance	finance	NOUN
fbem-31122	383	4	stimulate	stimulate	VERB
fbem-31122	383	5	green	green	ADJ
fbem-31122	383	6	innovation	innovation	NOUN
fbem-31122	383	7	of	of	ADP
fbem-31122	383	8	heavy	heavy	ADJ
fbem-31122	383	9	-	-	PUNCT
fbem-31122	383	10	polluting	pollute	VERB
fbem-31122	383	11	enterprises	enterprise	NOUN
fbem-31122	383	12	?	?	PUNCT
fbem-31122	384	1	evidence	evidence	NOUN
fbem-31122	384	2	from	from	ADP
fbem-31122	384	3	green	green	ADJ
fbem-31122	384	4	finance	finance	NOUN
fbem-31122	384	5	pilot	pilot	NOUN
fbem-31122	384	6	zones	zone	NOUN
fbem-31122	384	7	in	in	ADP
fbem-31122	384	8	china	china	PROPN
fbem-31122	384	9	.	.	PUNCT
fbem-31122	385	1	environmental	environmental	ADJ
fbem-31122	385	2	science	science	NOUN
fbem-31122	385	3	and	and	CCONJ
fbem-31122	385	4	pollution	pollution	NOUN
fbem-31122	385	5	research	research	NOUN
fbem-31122	385	6	,	,	PUNCT
fbem-31122	385	7	pp.1	pp.1	NOUN
fbem-31122	385	8	-	-	PUNCT
fbem-31122	385	9	16	16	NUM
fbem-31122	385	10	.	.	PUNCT
fbem-31122	386	1	[	[	X
fbem-31122	386	2	23	23	NUM
fbem-31122	386	3	]	]	PUNCT
fbem-31122	386	4	schoenmaker	schoenmaker	PROPN
fbem-31122	386	5	,	,	PUNCT
fbem-31122	386	6	d.	d.	PROPN
fbem-31122	386	7	and	and	CCONJ
fbem-31122	386	8	schramade	schramade	PROPN
fbem-31122	386	9	,	,	PUNCT
fbem-31122	386	10	w.	w.	NOUN
fbem-31122	386	11	,	,	PUNCT
fbem-31122	386	12	2018	2018	NUM
fbem-31122	386	13	.	.	PUNCT
fbem-31122	387	1	principles	principle	NOUN
fbem-31122	387	2	of	of	ADP
fbem-31122	387	3	sustainable	sustainable	ADJ
fbem-31122	387	4	finance	finance	NOUN
fbem-31122	387	5	.	.	PUNCT
fbem-31122	388	1	oxford	oxford	PROPN
fbem-31122	388	2	university	university	PROPN
fbem-31122	388	3	press	press	NOUN
fbem-31122	388	4	.	.	PUNCT
fbem-31122	389	1	[	[	X
fbem-31122	389	2	24	24	NUM
fbem-31122	389	3	]	]	PUNCT
fbem-31122	389	4	scholtens	scholtens	PROPN
fbem-31122	389	5	,	,	PUNCT
fbem-31122	389	6	b.	b.	PROPN
fbem-31122	389	7	,	,	PUNCT
fbem-31122	389	8	2006	2006	NUM
fbem-31122	389	9	.	.	PUNCT
fbem-31122	390	1	finance	finance	NOUN
fbem-31122	390	2	as	as	ADP
fbem-31122	390	3	a	a	DET
fbem-31122	390	4	driver	driver	NOUN
fbem-31122	390	5	of	of	ADP
fbem-31122	390	6	corporate	corporate	ADJ
fbem-31122	390	7	social	social	ADJ
fbem-31122	390	8	responsibility	responsibility	NOUN
fbem-31122	390	9	.	.	PUNCT
fbem-31122	391	1	journal	journal	PROPN
fbem-31122	391	2	of	of	ADP
fbem-31122	391	3	business	business	NOUN
fbem-31122	391	4	ethics	ethic	NOUN
fbem-31122	391	5	,	,	PUNCT
fbem-31122	391	6	68(1	68(1	NOUN
fbem-31122	391	7	)	)	PUNCT
fbem-31122	391	8	,	,	PUNCT
fbem-31122	391	9	pp.19	pp.19	PROPN
fbem-31122	391	10	-	-	PUNCT
fbem-31122	391	11	33	33	NUM
fbem-31122	391	12	.	.	PUNCT
fbem-31122	392	1	[	[	X
fbem-31122	392	2	25	25	NUM
fbem-31122	392	3	]	]	X
fbem-31122	392	4	shi	shi	PROPN
fbem-31122	392	5	,	,	PUNCT
fbem-31122	392	6	j.	j.	PROPN
fbem-31122	392	7	,	,	PUNCT
fbem-31122	392	8	yu	yu	PROPN
fbem-31122	392	9	,	,	PUNCT
fbem-31122	392	10	c.	c.	PROPN
fbem-31122	392	11	,	,	PUNCT
fbem-31122	392	12	li	li	PROPN
fbem-31122	392	13	,	,	PUNCT
fbem-31122	392	14	y.	y.	PROPN
fbem-31122	392	15	and	and	CCONJ
fbem-31122	392	16	wang	wang	PROPN
fbem-31122	392	17	,	,	PUNCT
fbem-31122	392	18	t.	t.	PROPN
fbem-31122	392	19	,	,	PUNCT
fbem-31122	392	20	2022	2022	NUM
fbem-31122	392	21	.	.	PUNCT
fbem-31122	392	22	does	do	AUX
fbem-31122	392	23	green	green	ADJ
fbem-31122	392	24	financial	financial	ADJ
fbem-31122	392	25	policy	policy	NOUN
fbem-31122	392	26	affect	affect	VERB
fbem-31122	392	27	debt	debt	NOUN
fbem-31122	392	28	-	-	PUNCT
fbem-31122	392	29	financing	finance	VERB
fbem-31122	392	30	cost	cost	NOUN
fbem-31122	392	31	of	of	ADP
fbem-31122	392	32	heavy	heavy	ADJ
fbem-31122	392	33	-	-	PUNCT
fbem-31122	392	34	polluting	pollute	VERB
fbem-31122	392	35	enterprises	enterprise	NOUN
fbem-31122	392	36	?	?	PUNCT
fbem-31122	393	1	an	an	DET
fbem-31122	393	2	empirical	empirical	ADJ
fbem-31122	393	3	evidence	evidence	NOUN
fbem-31122	393	4	based	base	VERB
fbem-31122	393	5	on	on	ADP
fbem-31122	393	6	chinese	chinese	ADJ
fbem-31122	393	7	pilot	pilot	NOUN
fbem-31122	393	8	zones	zone	NOUN
fbem-31122	393	9	for	for	ADP
fbem-31122	393	10	green	green	ADJ
fbem-31122	393	11	finance	finance	NOUN
fbem-31122	393	12	reform	reform	NOUN
fbem-31122	393	13	and	and	CCONJ
fbem-31122	393	14	innovations	innovation	NOUN
fbem-31122	393	15	.	.	PUNCT
fbem-31122	394	1	technological	technological	ADJ
fbem-31122	394	2	forecasting	forecasting	NOUN
fbem-31122	394	3	and	and	CCONJ
fbem-31122	394	4	social	social	ADJ
fbem-31122	394	5	change	change	NOUN
fbem-31122	394	6	,	,	PUNCT
fbem-31122	394	7	179	179	NUM
fbem-31122	394	8	,	,	PUNCT
fbem-31122	394	9	p.121678	p.121678	PROPN
fbem-31122	394	10	.	.	PUNCT
fbem-31122	395	1	[	[	X
fbem-31122	395	2	26	26	NUM
fbem-31122	395	3	]	]	X
fbem-31122	395	4	stiglitz	stiglitz	PROPN
fbem-31122	395	5	,	,	PUNCT
fbem-31122	395	6	j.e	j.e	PROPN
fbem-31122	395	7	.	.	PROPN
fbem-31122	395	8	,	,	PUNCT
fbem-31122	395	9	1974	1974	NUM
fbem-31122	395	10	.	.	PUNCT
fbem-31122	396	1	on	on	ADP
fbem-31122	396	2	the	the	DET
fbem-31122	396	3	irrelevance	irrelevance	NOUN
fbem-31122	396	4	of	of	ADP
fbem-31122	396	5	corporate	corporate	ADJ
fbem-31122	396	6	financial	financial	ADJ
fbem-31122	396	7	policy	policy	NOUN
fbem-31122	396	8	.	.	PUNCT
fbem-31122	397	1	the	the	DET
fbem-31122	397	2	american	american	PROPN
fbem-31122	397	3	economic	economic	PROPN
fbem-31122	397	4	review	review	PROPN
fbem-31122	397	5	,	,	PUNCT
fbem-31122	397	6	64(6	64(6	NUM
fbem-31122	397	7	)	)	PUNCT
fbem-31122	397	8	,	,	PUNCT
fbem-31122	397	9	pp.851	pp.851	NOUN
fbem-31122	397	10	-	-	SYM
fbem-31122	397	11	866	866	NUM
fbem-31122	397	12	.	.	PUNCT
fbem-31122	398	1	[	[	X
fbem-31122	398	2	27	27	NUM
fbem-31122	398	3	]	]	PUNCT
fbem-31122	398	4	task	task	NOUN
fbem-31122	398	5	force	force	NOUN
fbem-31122	398	6	,	,	PUNCT
fbem-31122	398	7	g.f	g.f	PROPN
fbem-31122	398	8	.	.	PROPN
fbem-31122	398	9	,	,	PUNCT
fbem-31122	398	10	2018	2018	NUM
fbem-31122	398	11	.	.	PUNCT
fbem-31122	399	1	accelerating	accelerate	VERB
fbem-31122	399	2	green	green	ADJ
fbem-31122	399	3	finance	finance	NOUN
fbem-31122	399	4	.	.	PUNCT
fbem-31122	400	1	a	a	DET
fbem-31122	400	2	report	report	NOUN
fbem-31122	400	3	to	to	ADP
fbem-31122	400	4	the	the	DET
fbem-31122	400	5	government	government	NOUN
fbem-31122	400	6	by	by	ADP
fbem-31122	400	7	the	the	DET
fbem-31122	400	8	green	green	PROPN
fbem-31122	400	9	finance	finance	PROPN
fbem-31122	400	10	taskforce	taskforce	NOUN
fbem-31122	400	11	.	.	PUNCT
fbem-31122	401	1	[	[	X
fbem-31122	401	2	28	28	NUM
fbem-31122	401	3	]	]	X
fbem-31122	401	4	treasury	treasury	PROPN
fbem-31122	401	5	committee	committee	NOUN
fbem-31122	401	6	.	.	PUNCT
fbem-31122	402	1	2021	2021	NUM
fbem-31122	402	2	.	.	PUNCT
fbem-31122	403	1	net	net	ADJ
fbem-31122	403	2	zero	zero	NUM
fbem-31122	403	3	and	and	CCONJ
fbem-31122	403	4	the	the	DET
fbem-31122	403	5	future	future	NOUN
fbem-31122	403	6	of	of	ADP
fbem-31122	403	7	green	green	ADJ
fbem-31122	403	8	finance	finance	NOUN
fbem-31122	403	9	report	report	NOUN
fbem-31122	403	10	.	.	PUNCT
fbem-31122	404	1	available	available	ADJ
fbem-31122	404	2	at	at	ADP
fbem-31122	404	3	:	:	PUNCT
fbem-31122	404	4	https://publications.parliament.uk/pa/cm5801/cmselect/cmtrea	https://publications.parliament.uk/pa/cm5801/cmselect/cmtrea	PROPN
fbem-31122	405	1	sy/147/14702.htm	sy/147/14702.htm	PROPN
fbem-31122	406	1	[	[	X
fbem-31122	406	2	29	29	NUM
fbem-31122	406	3	]	]	SYM
fbem-31122	406	4	udeagha	udeagha	ADJ
fbem-31122	406	5	,	,	PUNCT
fbem-31122	406	6	m.c	m.c	PROPN
fbem-31122	406	7	.	.	PROPN
fbem-31122	406	8	and	and	CCONJ
fbem-31122	406	9	muchapondwa	muchapondwa	PROPN
fbem-31122	406	10	,	,	PUNCT
fbem-31122	406	11	e.	e.	PROPN
fbem-31122	406	12	,	,	PUNCT
fbem-31122	406	13	2023	2023	NUM
fbem-31122	406	14	.	.	PUNCT
fbem-31122	406	15	green	green	ADJ
fbem-31122	406	16	finance	finance	NOUN
fbem-31122	406	17	,	,	PUNCT
fbem-31122	406	18	fintech	fintech	NOUN
fbem-31122	406	19	,	,	PUNCT
fbem-31122	406	20	and	and	CCONJ
fbem-31122	406	21	environmental	environmental	ADJ
fbem-31122	406	22	sustainability	sustainability	NOUN
fbem-31122	406	23	:	:	PUNCT
fbem-31122	406	24	fresh	fresh	ADJ
fbem-31122	406	25	policy	policy	NOUN
fbem-31122	406	26	insights	insight	NOUN
fbem-31122	406	27	from	from	ADP
fbem-31122	406	28	the	the	DET
fbem-31122	406	29	brics	bric	NOUN
fbem-31122	406	30	nations	nation	NOUN
fbem-31122	406	31	.	.	PUNCT
fbem-31122	407	1	international	international	ADJ
fbem-31122	407	2	journal	journal	NOUN
fbem-31122	407	3	of	of	ADP
fbem-31122	407	4	sustainable	sustainable	ADJ
fbem-31122	407	5	development	development	NOUN
fbem-31122	407	6	&	&	CCONJ
fbem-31122	407	7	world	world	PROPN
fbem-31122	407	8	ecology	ecology	NOUN
fbem-31122	407	9	,	,	PUNCT
fbem-31122	407	10	pp.1	pp.1	PROPN
fbem-31122	407	11	-	-	PUNCT
fbem-31122	407	12	17	17	NUM
fbem-31122	407	13	.	.	PUNCT
fbem-31122	408	1	[	[	X
fbem-31122	408	2	30	30	NUM
fbem-31122	408	3	]	]	X
fbem-31122	408	4	usman	usman	PROPN
fbem-31122	408	5	,	,	PUNCT
fbem-31122	408	6	m.	m.	NOUN
fbem-31122	408	7	,	,	PUNCT
fbem-31122	408	8	makhdum	makhdum	NOUN
fbem-31122	408	9	,	,	PUNCT
fbem-31122	408	10	m.s.a	m.s.a	NOUN
fbem-31122	408	11	.	.	PUNCT
fbem-31122	408	12	and	and	CCONJ
fbem-31122	408	13	kousar	kousar	PROPN
fbem-31122	408	14	,	,	PUNCT
fbem-31122	408	15	r.	r.	PROPN
fbem-31122	408	16	,	,	PUNCT
fbem-31122	408	17	2021	2021	NUM
fbem-31122	408	18	.	.	PUNCT
fbem-31122	408	19	does	do	AUX
fbem-31122	408	20	financial	financial	ADJ
fbem-31122	408	21	inclusion	inclusion	NOUN
fbem-31122	408	22	,	,	PUNCT
fbem-31122	408	23	renewable	renewable	ADJ
fbem-31122	408	24	and	and	CCONJ
fbem-31122	408	25	non	non	ADJ
fbem-31122	408	26	-	-	ADJ
fbem-31122	408	27	renewable	renewable	ADJ
fbem-31122	408	28	energy	energy	NOUN
fbem-31122	408	29	utilization	utilization	NOUN
fbem-31122	408	30	accelerate	accelerate	VERB
fbem-31122	408	31	ecological	ecological	ADJ
fbem-31122	408	32	footprints	footprint	NOUN
fbem-31122	408	33	and	and	CCONJ
fbem-31122	408	34	economic	economic	ADJ
fbem-31122	408	35	growth	growth	NOUN
fbem-31122	408	36	?	?	PUNCT
fbem-31122	409	1	fresh	fresh	ADJ
fbem-31122	409	2	evidence	evidence	NOUN
fbem-31122	409	3	from	from	ADP
fbem-31122	409	4	15	15	NUM
fbem-31122	409	5	highest	high	ADJ
fbem-31122	409	6	emitting	emit	VERB
fbem-31122	409	7	countries	country	NOUN
fbem-31122	409	8	.	.	PUNCT
fbem-31122	410	1	sustainable	sustainable	ADJ
fbem-31122	410	2	cities	city	NOUN
fbem-31122	410	3	and	and	CCONJ
fbem-31122	410	4	society	society	NOUN
fbem-31122	410	5	,	,	PUNCT
fbem-31122	410	6	65	65	NUM
fbem-31122	410	7	,	,	PUNCT
fbem-31122	410	8	p.102590	p.102590	NOUN
fbem-31122	410	9	.	.	PUNCT
fbem-31122	411	1	[	[	X
fbem-31122	411	2	31	31	NUM
fbem-31122	411	3	]	]	X
fbem-31122	411	4	wang	wang	PROPN
fbem-31122	411	5	,	,	PUNCT
fbem-31122	411	6	m.	m.	NOUN
fbem-31122	411	7	,	,	PUNCT
fbem-31122	411	8	li	li	PROPN
fbem-31122	411	9	,	,	PUNCT
fbem-31122	411	10	x.	x.	PROPN
fbem-31122	411	11	and	and	CCONJ
fbem-31122	411	12	wang	wang	PROPN
fbem-31122	411	13	,	,	PUNCT
fbem-31122	411	14	s.	s.	PROPN
fbem-31122	411	15	,	,	PUNCT
fbem-31122	411	16	2021	2021	NUM
fbem-31122	411	17	.	.	PUNCT
fbem-31122	412	1	discovering	discover	VERB
fbem-31122	412	2	research	research	NOUN
fbem-31122	412	3	trends	trend	NOUN
fbem-31122	412	4	and	and	CCONJ
fbem-31122	412	5	opportunities	opportunity	NOUN
fbem-31122	412	6	of	of	ADP
fbem-31122	412	7	green	green	ADJ
fbem-31122	412	8	finance	finance	NOUN
fbem-31122	412	9	and	and	CCONJ
fbem-31122	412	10	energy	energy	NOUN
fbem-31122	412	11	policy	policy	NOUN
fbem-31122	412	12	:	:	PUNCT
fbem-31122	412	13	a	a	DET
fbem-31122	412	14	data	data	NOUN
fbem-31122	412	15	-	-	PUNCT
fbem-31122	412	16	driven	drive	VERB
fbem-31122	412	17	scientometric	scientometric	ADJ
fbem-31122	412	18	analysis	analysis	NOUN
fbem-31122	412	19	.	.	PUNCT
fbem-31122	413	1	energy	energy	NOUN
fbem-31122	413	2	policy	policy	NOUN
fbem-31122	413	3	,	,	PUNCT
fbem-31122	413	4	154	154	NUM
fbem-31122	413	5	,	,	PUNCT
fbem-31122	413	6	p.112295	p.112295	NOUN
fbem-31122	413	7	.	.	PUNCT
fbem-31122	414	1	[	[	X
fbem-31122	414	2	32	32	NUM
fbem-31122	414	3	]	]	X
fbem-31122	414	4	wang	wang	PROPN
fbem-31122	414	5	,	,	PUNCT
fbem-31122	414	6	m.l	m.l	PROPN
fbem-31122	414	7	.	.	PROPN
fbem-31122	414	8	,	,	PUNCT
fbem-31122	414	9	2023	2023	NUM
fbem-31122	414	10	.	.	PUNCT
fbem-31122	415	1	effects	effect	NOUN
fbem-31122	415	2	of	of	ADP
fbem-31122	415	3	the	the	DET
fbem-31122	415	4	green	green	ADJ
fbem-31122	415	5	finance	finance	NOUN
fbem-31122	415	6	policy	policy	NOUN
fbem-31122	415	7	on	on	ADP
fbem-31122	415	8	the	the	DET
fbem-31122	415	9	green	green	ADJ
fbem-31122	415	10	innovation	innovation	NOUN
fbem-31122	415	11	efficiency	efficiency	NOUN
fbem-31122	415	12	of	of	ADP
fbem-31122	415	13	the	the	DET
fbem-31122	415	14	manufacturing	manufacturing	NOUN
fbem-31122	415	15	industry	industry	NOUN
fbem-31122	415	16	:	:	PUNCT
fbem-31122	415	17	a	a	DET
fbem-31122	415	18	difference	difference	NOUN
fbem-31122	415	19	-	-	PUNCT
fbem-31122	415	20	in	in	ADP
fbem-31122	415	21	-	-	PUNCT
fbem-31122	415	22	difference	difference	NOUN
fbem-31122	415	23	model	model	NOUN
fbem-31122	415	24	.	.	PUNCT
fbem-31122	416	1	technological	technological	ADJ
fbem-31122	416	2	forecasting	forecasting	NOUN
fbem-31122	416	3	and	and	CCONJ
fbem-31122	416	4	social	social	ADJ
fbem-31122	416	5	change	change	NOUN
fbem-31122	416	6	,	,	PUNCT
fbem-31122	416	7	189	189	NUM
fbem-31122	416	8	,	,	PUNCT
fbem-31122	416	9	p.122333	p.122333	NOUN
fbem-31122	416	10	.	.	PUNCT
fbem-31122	417	1	[	[	X
fbem-31122	417	2	33	33	NUM
fbem-31122	417	3	]	]	X
fbem-31122	417	4	wang	wang	PROPN
fbem-31122	417	5	,	,	PUNCT
fbem-31122	417	6	x.	x.	NOUN
fbem-31122	417	7	,	,	PUNCT
fbem-31122	417	8	2022	2022	NUM
fbem-31122	417	9	.	.	PUNCT
fbem-31122	418	1	research	research	NOUN
fbem-31122	418	2	on	on	ADP
fbem-31122	418	3	the	the	DET
fbem-31122	418	4	impact	impact	NOUN
fbem-31122	418	5	mechanism	mechanism	NOUN
fbem-31122	418	6	of	of	ADP
fbem-31122	418	7	green	green	ADJ
fbem-31122	418	8	finance	finance	NOUN
fbem-31122	418	9	on	on	ADP
fbem-31122	418	10	the	the	DET
fbem-31122	418	11	green	green	ADJ
fbem-31122	418	12	innovation	innovation	NOUN
fbem-31122	418	13	performance	performance	NOUN
fbem-31122	418	14	of	of	ADP
fbem-31122	418	15	china	china	PROPN
fbem-31122	418	16	's	's	PART
fbem-31122	418	17	manufacturing	manufacturing	NOUN
fbem-31122	418	18	industry	industry	NOUN
fbem-31122	418	19	.	.	PUNCT
fbem-31122	419	1	managerial	managerial	ADJ
fbem-31122	419	2	and	and	CCONJ
fbem-31122	419	3	decision	decision	NOUN
fbem-31122	419	4	economics	economic	NOUN
fbem-31122	419	5	,	,	PUNCT
fbem-31122	419	6	43(7	43(7	NUM
fbem-31122	419	7	)	)	PUNCT
fbem-31122	419	8	,	,	PUNCT
fbem-31122	419	9	pp.2678	pp.2678	PROPN
fbem-31122	419	10	-	-	PUNCT
fbem-31122	419	11	2703	2703	NUM
fbem-31122	419	12	.	.	PUNCT
fbem-31122	420	1	[	[	X
fbem-31122	420	2	34	34	NUM
fbem-31122	420	3	]	]	X
fbem-31122	420	4	wang	wang	PROPN
fbem-31122	420	5	,	,	PUNCT
fbem-31122	420	6	y.	y.	PROPN
fbem-31122	420	7	,	,	PUNCT
fbem-31122	420	8	zhao	zhao	PROPN
fbem-31122	420	9	,	,	PUNCT
fbem-31122	420	10	n.	n.	NOUN
fbem-31122	420	11	,	,	PUNCT
fbem-31122	420	12	lei	lei	PROPN
fbem-31122	420	13	,	,	PUNCT
fbem-31122	420	14	x.	x.	NOUN
fbem-31122	420	15	and	and	CCONJ
fbem-31122	420	16	long	long	ADV
fbem-31122	420	17	,	,	PUNCT
fbem-31122	420	18	r.	r.	PROPN
fbem-31122	420	19	,	,	PUNCT
fbem-31122	420	20	2021	2021	NUM
fbem-31122	420	21	.	.	PUNCT
fbem-31122	420	22	green	green	ADJ
fbem-31122	420	23	finance	finance	NOUN
fbem-31122	420	24	innovation	innovation	NOUN
fbem-31122	420	25	and	and	CCONJ
fbem-31122	420	26	regional	regional	ADJ
fbem-31122	420	27	green	green	ADJ
fbem-31122	420	28	development	development	NOUN
fbem-31122	420	29	.	.	PUNCT
fbem-31122	421	1	sustainability	sustainability	NOUN
fbem-31122	421	2	,	,	PUNCT
fbem-31122	421	3	13(15	13(15	NUM
fbem-31122	421	4	)	)	PUNCT
fbem-31122	421	5	,	,	PUNCT
fbem-31122	421	6	p.8230	p.8230	X
fbem-31122	421	7	.	.	PUNCT
fbem-31122	422	1	[	[	X
fbem-31122	422	2	35	35	NUM
fbem-31122	422	3	]	]	X
fbem-31122	422	4	wharton	wharton	PROPN
fbem-31122	422	5	research	research	NOUN
fbem-31122	422	6	data	datum	NOUN
fbem-31122	422	7	services	service	NOUN
fbem-31122	422	8	.	.	PUNCT
fbem-31122	423	1	"	"	PUNCT
fbem-31122	423	2	wrds	wrds	X
fbem-31122	423	3	"	"	PUNCT
fbem-31122	423	4	wrds.wharton.upenn.edu	wrds.wharton.upenn.edu	PROPN
fbem-31122	423	5	,	,	PUNCT
fbem-31122	423	6	accessed	access	VERB
fbem-31122	423	7	2023	2023	NUM
fbem-31122	423	8	-	-	SYM
fbem-31122	423	9	07	07	NUM
fbem-31122	423	10	-	-	PUNCT
fbem-31122	423	11	07	07	NUM
fbem-31122	423	12	.	.	PUNCT
fbem-31122	424	1	[	[	X
fbem-31122	424	2	36	36	NUM
fbem-31122	424	3	]	]	SYM
fbem-31122	424	4	yu	yu	PROPN
fbem-31122	424	5	,	,	PUNCT
fbem-31122	424	6	c.h	c.h	PROPN
fbem-31122	424	7	.	.	PROPN
fbem-31122	424	8	,	,	PUNCT
fbem-31122	424	9	wu	wu	PROPN
fbem-31122	424	10	,	,	PUNCT
fbem-31122	424	11	x.	x.	PROPN
fbem-31122	424	12	,	,	PUNCT
fbem-31122	424	13	zhang	zhang	PROPN
fbem-31122	424	14	,	,	PUNCT
fbem-31122	424	15	d.	d.	PROPN
fbem-31122	424	16	,	,	PUNCT
fbem-31122	424	17	chen	chen	PROPN
fbem-31122	424	18	,	,	PUNCT
fbem-31122	424	19	s.	s.	PROPN
fbem-31122	424	20	and	and	CCONJ
fbem-31122	424	21	zhao	zhao	PROPN
fbem-31122	424	22	,	,	PUNCT
fbem-31122	424	23	j.	j.	PROPN
fbem-31122	424	24	,	,	PUNCT
fbem-31122	424	25	2021	2021	NUM
fbem-31122	424	26	.	.	PUNCT
fbem-31122	425	1	demand	demand	NOUN
fbem-31122	425	2	for	for	ADP
fbem-31122	425	3	green	green	ADJ
fbem-31122	425	4	finance	finance	NOUN
fbem-31122	425	5	:	:	PUNCT
fbem-31122	425	6	resolving	resolve	VERB
fbem-31122	425	7	financing	financing	NOUN
fbem-31122	425	8	constraints	constraint	NOUN
fbem-31122	425	9	on	on	ADP
fbem-31122	425	10	green	green	ADJ
fbem-31122	425	11	innovation	innovation	NOUN
fbem-31122	425	12	in	in	ADP
fbem-31122	425	13	china	china	PROPN
fbem-31122	425	14	.	.	PUNCT
fbem-31122	426	1	energy	energy	NOUN
fbem-31122	426	2	policy	policy	NOUN
fbem-31122	426	3	,	,	PUNCT
fbem-31122	426	4	153	153	NUM
fbem-31122	426	5	,	,	PUNCT
fbem-31122	426	6	p.112255	p.112255	PROPN
fbem-31122	426	7	.	.	PUNCT
fbem-31122	427	1	[	[	X
fbem-31122	427	2	37	37	NUM
fbem-31122	427	3	]	]	X
fbem-31122	427	4	zhou	zhou	PROPN
fbem-31122	427	5	,	,	PUNCT
fbem-31122	427	6	x.	x.	PROPN
fbem-31122	427	7	,	,	PUNCT
fbem-31122	427	8	tang	tang	PROPN
fbem-31122	427	9	,	,	PUNCT
fbem-31122	427	10	x.	x.	PROPN
fbem-31122	427	11	and	and	CCONJ
fbem-31122	427	12	zhang	zhang	PROPN
fbem-31122	427	13	,	,	PUNCT
fbem-31122	427	14	r.	r.	PROPN
fbem-31122	427	15	,	,	PUNCT
fbem-31122	427	16	2020	2020	NUM
fbem-31122	427	17	.	.	PUNCT
fbem-31122	428	1	impact	impact	NOUN
fbem-31122	428	2	of	of	ADP
fbem-31122	428	3	green	green	ADJ
fbem-31122	428	4	finance	finance	NOUN
fbem-31122	428	5	on	on	ADP
fbem-31122	428	6	economic	economic	ADJ
fbem-31122	428	7	development	development	NOUN
fbem-31122	428	8	and	and	CCONJ
fbem-31122	428	9	environmental	environmental	ADJ
fbem-31122	428	10	quality	quality	NOUN
fbem-31122	428	11	:	:	PUNCT
fbem-31122	428	12	a	a	DET
fbem-31122	428	13	study	study	NOUN
fbem-31122	428	14	based	base	VERB
fbem-31122	428	15	on	on	ADP
fbem-31122	428	16	provincial	provincial	ADJ
fbem-31122	428	17	panel	panel	NOUN
fbem-31122	428	18	data	datum	NOUN
fbem-31122	428	19	from	from	ADP
fbem-31122	428	20	china	china	PROPN
fbem-31122	428	21	.	.	PUNCT
fbem-31122	429	1	environmental	environmental	ADJ
fbem-31122	429	2	science	science	NOUN
fbem-31122	429	3	and	and	CCONJ
fbem-31122	429	4	pollution	pollution	NOUN
fbem-31122	429	5	research	research	NOUN
fbem-31122	429	6	,	,	PUNCT
fbem-31122	429	7	27	27	NUM
fbem-31122	429	8	,	,	PUNCT
fbem-31122	429	9	pp.1991519932	pp.1991519932	PROPN
fbem-31122	429	10	.	.	PUNCT