id	sid	tid	token	lemma	pos
fbem-8288	1	1	frontiers	frontier	NOUN
fbem-8288	1	2	in	in	ADP
fbem-8288	1	3	business	business	NOUN
fbem-8288	1	4	,	,	PUNCT
fbem-8288	1	5	economics	economic	NOUN
fbem-8288	1	6	and	and	CCONJ
fbem-8288	1	7	management	management	NOUN
fbem-8288	1	8	issn	issn	PROPN
fbem-8288	1	9	:	:	PUNCT
fbem-8288	1	10	2766	2766	NUM
fbem-8288	1	11	-	-	PUNCT
fbem-8288	1	12	824x	824x	NUM
fbem-8288	1	13	|	|	ADJ
fbem-8288	1	14	vol	vol	NOUN
fbem-8288	1	15	.	.	PROPN
fbem-8288	2	1	9	9	NUM
fbem-8288	2	2	,	,	PUNCT
fbem-8288	2	3	no	no	INTJ
fbem-8288	2	4	.	.	NOUN
fbem-8288	2	5	1	1	NUM
fbem-8288	2	6	,	,	PUNCT
fbem-8288	2	7	2023	2023	NUM
fbem-8288	2	8	51	51	NUM
fbem-8288	2	9	a	a	DET
fbem-8288	2	10	review	review	NOUN
fbem-8288	2	11	of	of	ADP
fbem-8288	2	12	the	the	DET
fbem-8288	2	13	impact	impact	NOUN
fbem-8288	2	14	of	of	ADP
fbem-8288	2	15	rmb	rmb	PROPN
fbem-8288	2	16	exchange	exchange	NOUN
fbem-8288	2	17	rate	rate	NOUN
fbem-8288	2	18	changes	change	NOUN
fbem-8288	2	19	on	on	ADP
fbem-8288	2	20	consumption	consumption	NOUN
fbem-8288	2	21	structure	structure	NOUN
fbem-8288	2	22	caili	caili	NOUN
fbem-8288	2	23	bai1	bai1	PROPN
fbem-8288	2	24	,	,	PUNCT
fbem-8288	2	25	a	a	DET
fbem-8288	2	26	1school	1school	NUM
fbem-8288	2	27	of	of	ADP
fbem-8288	2	28	business	business	NOUN
fbem-8288	2	29	,	,	PUNCT
fbem-8288	2	30	macau	macau	PROPN
fbem-8288	2	31	university	university	PROPN
fbem-8288	2	32	of	of	ADP
fbem-8288	2	33	science	science	NOUN
fbem-8288	2	34	and	and	CCONJ
fbem-8288	2	35	technology	technology	NOUN
fbem-8288	2	36	,	,	PUNCT
fbem-8288	2	37	macau	macau	PROPN
fbem-8288	2	38	,	,	PUNCT
fbem-8288	2	39	china	china	PROPN
fbem-8288	2	40	a2009853cb011008@student.must.edu.mo	a2009853cb011008@student.must.edu.mo	PROPN
fbem-8288	2	41	abstract	abstract	NOUN
fbem-8288	2	42	:	:	PUNCT
fbem-8288	2	43	optimizing	optimize	VERB
fbem-8288	2	44	the	the	DET
fbem-8288	2	45	consumption	consumption	NOUN
fbem-8288	2	46	structure	structure	NOUN
fbem-8288	2	47	is	be	AUX
fbem-8288	2	48	beneficial	beneficial	ADJ
fbem-8288	2	49	to	to	ADP
fbem-8288	2	50	economic	economic	ADJ
fbem-8288	2	51	growth	growth	NOUN
fbem-8288	2	52	,	,	PUNCT
fbem-8288	2	53	specifically	specifically	ADV
fbem-8288	2	54	,	,	PUNCT
fbem-8288	2	55	the	the	DET
fbem-8288	2	56	appreciation	appreciation	NOUN
fbem-8288	2	57	of	of	ADP
fbem-8288	2	58	rmb	rmb	PROPN
fbem-8288	2	59	on	on	ADP
fbem-8288	2	60	consumption	consumption	NOUN
fbem-8288	2	61	is	be	AUX
fbem-8288	2	62	beneficial	beneficial	ADJ
fbem-8288	2	63	to	to	ADP
fbem-8288	2	64	the	the	DET
fbem-8288	2	65	transformation	transformation	NOUN
fbem-8288	2	66	and	and	CCONJ
fbem-8288	2	67	upgrading	upgrading	NOUN
fbem-8288	2	68	of	of	ADP
fbem-8288	2	69	the	the	DET
fbem-8288	2	70	consumption	consumption	NOUN
fbem-8288	2	71	structure	structure	NOUN
fbem-8288	2	72	.	.	PUNCT
fbem-8288	3	1	in	in	ADP
fbem-8288	3	2	light	light	NOUN
fbem-8288	3	3	of	of	ADP
fbem-8288	3	4	this	this	PRON
fbem-8288	3	5	,	,	PUNCT
fbem-8288	3	6	the	the	DET
fbem-8288	3	7	literature	literature	NOUN
fbem-8288	3	8	research	research	NOUN
fbem-8288	3	9	approach	approach	NOUN
fbem-8288	3	10	is	be	AUX
fbem-8288	3	11	used	use	VERB
fbem-8288	3	12	in	in	ADP
fbem-8288	3	13	this	this	DET
fbem-8288	3	14	work	work	NOUN
fbem-8288	3	15	to	to	PART
fbem-8288	3	16	examine	examine	VERB
fbem-8288	3	17	the	the	DET
fbem-8288	3	18	literature	literature	NOUN
fbem-8288	3	19	on	on	ADP
fbem-8288	3	20	the	the	DET
fbem-8288	3	21	influence	influence	NOUN
fbem-8288	3	22	of	of	ADP
fbem-8288	3	23	exchange	exchange	NOUN
fbem-8288	3	24	rate	rate	NOUN
fbem-8288	3	25	changes	change	NOUN
fbem-8288	3	26	on	on	ADP
fbem-8288	3	27	consumption	consumption	NOUN
fbem-8288	3	28	structure	structure	NOUN
fbem-8288	3	29	at	at	ADP
fbem-8288	3	30	home	home	NOUN
fbem-8288	3	31	and	and	CCONJ
fbem-8288	3	32	abroad	abroad	ADV
fbem-8288	3	33	.	.	PUNCT
fbem-8288	4	1	it	it	PRON
fbem-8288	4	2	has	have	AUX
fbem-8288	4	3	been	be	AUX
fbem-8288	4	4	shown	show	VERB
fbem-8288	4	5	that	that	SCONJ
fbem-8288	4	6	the	the	DET
fbem-8288	4	7	majority	majority	NOUN
fbem-8288	4	8	of	of	ADP
fbem-8288	4	9	international	international	ADJ
fbem-8288	4	10	studies	study	NOUN
fbem-8288	4	11	focus	focus	VERB
fbem-8288	4	12	on	on	ADP
fbem-8288	4	13	explaining	explain	VERB
fbem-8288	4	14	the	the	DET
fbem-8288	4	15	"	"	PUNCT
fbem-8288	4	16	backus	backus	NOUN
fbem-8288	4	17	-	-	PUNCT
fbem-8288	4	18	smith	smith	PROPN
fbem-8288	4	19	puzzle	puzzle	NOUN
fbem-8288	4	20	.	.	PUNCT
fbem-8288	4	21	"	"	PUNCT
fbem-8288	5	1	domestic	domestic	ADJ
fbem-8288	5	2	studies	study	NOUN
fbem-8288	5	3	,	,	PUNCT
fbem-8288	5	4	in	in	ADP
fbem-8288	5	5	addition	addition	NOUN
fbem-8288	5	6	to	to	ADP
fbem-8288	5	7	foreign	foreign	ADJ
fbem-8288	5	8	studies	study	NOUN
fbem-8288	5	9	,	,	PUNCT
fbem-8288	5	10	examine	examine	VERB
fbem-8288	5	11	the	the	DET
fbem-8288	5	12	mechanism	mechanism	NOUN
fbem-8288	5	13	of	of	ADP
fbem-8288	5	14	the	the	DET
fbem-8288	5	15	influence	influence	NOUN
fbem-8288	5	16	of	of	ADP
fbem-8288	5	17	exchange	exchange	NOUN
fbem-8288	5	18	rate	rate	NOUN
fbem-8288	5	19	changes	change	NOUN
fbem-8288	5	20	on	on	ADP
fbem-8288	5	21	consumption	consumption	NOUN
fbem-8288	5	22	structure	structure	NOUN
fbem-8288	5	23	.	.	PUNCT
fbem-8288	6	1	the	the	DET
fbem-8288	6	2	current	current	ADJ
fbem-8288	6	3	research	research	NOUN
fbem-8288	6	4	is	be	AUX
fbem-8288	6	5	rich	rich	ADJ
fbem-8288	6	6	,	,	PUNCT
fbem-8288	6	7	but	but	CCONJ
fbem-8288	6	8	domestic	domestic	ADJ
fbem-8288	6	9	scholars	scholar	NOUN
fbem-8288	6	10	can	can	AUX
fbem-8288	6	11	not	not	PART
fbem-8288	6	12	reach	reach	VERB
fbem-8288	6	13	a	a	DET
fbem-8288	6	14	consistent	consistent	ADJ
fbem-8288	6	15	conclusion	conclusion	NOUN
fbem-8288	6	16	due	due	ADP
fbem-8288	6	17	to	to	ADP
fbem-8288	6	18	the	the	DET
fbem-8288	6	19	different	different	ADJ
fbem-8288	6	20	sample	sample	NOUN
fbem-8288	6	21	selection	selection	NOUN
fbem-8288	6	22	and	and	CCONJ
fbem-8288	6	23	research	research	NOUN
fbem-8288	6	24	methods	method	NOUN
fbem-8288	6	25	.	.	PUNCT
fbem-8288	7	1	afterwards	afterwards	ADV
fbem-8288	7	2	,	,	PUNCT
fbem-8288	7	3	scholars	scholar	NOUN
fbem-8288	7	4	can	can	AUX
fbem-8288	7	5	search	search	VERB
fbem-8288	7	6	for	for	ADP
fbem-8288	7	7	the	the	DET
fbem-8288	7	8	reasons	reason	NOUN
fbem-8288	7	9	and	and	CCONJ
fbem-8288	7	10	improve	improve	VERB
fbem-8288	7	11	the	the	DET
fbem-8288	7	12	research	research	NOUN
fbem-8288	7	13	methods	method	NOUN
fbem-8288	7	14	.	.	PUNCT
fbem-8288	8	1	keywords	keyword	NOUN
fbem-8288	8	2	:	:	PUNCT
fbem-8288	8	3	consumption	consumption	NOUN
fbem-8288	8	4	structure	structure	NOUN
fbem-8288	8	5	,	,	PUNCT
fbem-8288	8	6	exchange	exchange	NOUN
fbem-8288	8	7	rate	rate	NOUN
fbem-8288	8	8	change	change	NOUN
fbem-8288	8	9	,	,	PUNCT
fbem-8288	8	10	mechanism	mechanism	NOUN
fbem-8288	8	11	of	of	ADP
fbem-8288	8	12	action	action	NOUN
fbem-8288	8	13	.	.	PUNCT
fbem-8288	9	1	1	1	X
fbem-8288	9	2	.	.	X
fbem-8288	9	3	introduction	introduction	NOUN
fbem-8288	9	4	in	in	ADP
fbem-8288	9	5	july	july	PROPN
fbem-8288	9	6	2005	2005	NUM
fbem-8288	9	7	,	,	PUNCT
fbem-8288	9	8	china	china	PROPN
fbem-8288	9	9	initiated	initiate	VERB
fbem-8288	9	10	a	a	DET
fbem-8288	9	11	new	new	ADJ
fbem-8288	9	12	wave	wave	NOUN
fbem-8288	9	13	of	of	ADP
fbem-8288	9	14	exchange	exchange	NOUN
fbem-8288	9	15	rate	rate	NOUN
fbem-8288	9	16	system	system	NOUN
fbem-8288	9	17	reform	reform	NOUN
fbem-8288	9	18	in	in	ADP
fbem-8288	9	19	which	which	PRON
fbem-8288	9	20	the	the	DET
fbem-8288	9	21	rmb	rmb	PROPN
fbem-8288	9	22	exchange	exchange	NOUN
fbem-8288	9	23	rate	rate	NOUN
fbem-8288	9	24	was	be	AUX
fbem-8288	9	25	no	no	ADV
fbem-8288	9	26	longer	long	ADV
fbem-8288	9	27	tied	tie	VERB
fbem-8288	9	28	to	to	ADP
fbem-8288	9	29	the	the	DET
fbem-8288	9	30	us	us	PROPN
fbem-8288	9	31	dollar	dollar	NOUN
fbem-8288	9	32	but	but	CCONJ
fbem-8288	9	33	instead	instead	ADV
fbem-8288	9	34	referred	refer	VERB
fbem-8288	9	35	to	to	ADP
fbem-8288	9	36	a	a	DET
fbem-8288	9	37	basket	basket	NOUN
fbem-8288	9	38	of	of	ADP
fbem-8288	9	39	currencies	currency	NOUN
fbem-8288	9	40	and	and	CCONJ
fbem-8288	9	41	was	be	AUX
fbem-8288	9	42	modified	modify	VERB
fbem-8288	9	43	via	via	ADP
fbem-8288	9	44	a	a	DET
fbem-8288	9	45	floating	float	VERB
fbem-8288	9	46	exchange	exchange	NOUN
fbem-8288	9	47	rate	rate	NOUN
fbem-8288	9	48	system	system	NOUN
fbem-8288	9	49	.	.	PUNCT
fbem-8288	10	1	since	since	SCONJ
fbem-8288	10	2	then	then	ADV
fbem-8288	10	3	,	,	PUNCT
fbem-8288	10	4	the	the	DET
fbem-8288	10	5	rmb	rmb	NOUN
fbem-8288	10	6	has	have	AUX
fbem-8288	10	7	also	also	ADV
fbem-8288	10	8	changed	change	VERB
fbem-8288	10	9	from	from	ADP
fbem-8288	10	10	a	a	DET
fbem-8288	10	11	significant	significant	ADJ
fbem-8288	10	12	depreciation	depreciation	NOUN
fbem-8288	10	13	to	to	ADP
fbem-8288	10	14	an	an	DET
fbem-8288	10	15	appreciation	appreciation	NOUN
fbem-8288	10	16	that	that	PRON
fbem-8288	10	17	has	have	AUX
fbem-8288	10	18	lasted	last	VERB
fbem-8288	10	19	for	for	ADP
fbem-8288	10	20	a	a	DET
fbem-8288	10	21	long	long	ADJ
fbem-8288	10	22	time	time	NOUN
fbem-8288	10	23	.	.	PUNCT
fbem-8288	11	1	certainly	certainly	ADV
fbem-8288	11	2	,	,	PUNCT
fbem-8288	11	3	the	the	DET
fbem-8288	11	4	change	change	NOUN
fbem-8288	11	5	of	of	ADP
fbem-8288	11	6	rmb	rmb	PROPN
fbem-8288	11	7	exchange	exchange	NOUN
fbem-8288	11	8	rate	rate	NOUN
fbem-8288	11	9	will	will	AUX
fbem-8288	11	10	have	have	VERB
fbem-8288	11	11	an	an	DET
fbem-8288	11	12	impact	impact	NOUN
fbem-8288	11	13	on	on	ADP
fbem-8288	11	14	china	china	PROPN
fbem-8288	11	15	's	's	PART
fbem-8288	11	16	consumption	consumption	NOUN
fbem-8288	11	17	structure	structure	NOUN
fbem-8288	11	18	,	,	PUNCT
fbem-8288	11	19	and	and	CCONJ
fbem-8288	11	20	clarifying	clarify	VERB
fbem-8288	11	21	the	the	DET
fbem-8288	11	22	relationship	relationship	NOUN
fbem-8288	11	23	between	between	ADP
fbem-8288	11	24	the	the	DET
fbem-8288	11	25	two	two	NUM
fbem-8288	11	26	will	will	AUX
fbem-8288	11	27	help	help	VERB
fbem-8288	11	28	optimize	optimize	VERB
fbem-8288	11	29	the	the	DET
fbem-8288	11	30	consumption	consumption	NOUN
fbem-8288	11	31	structure	structure	NOUN
fbem-8288	11	32	and	and	CCONJ
fbem-8288	11	33	sustain	sustain	VERB
fbem-8288	11	34	the	the	DET
fbem-8288	11	35	economic	economic	ADJ
fbem-8288	11	36	growth	growth	NOUN
fbem-8288	11	37	of	of	ADP
fbem-8288	11	38	china	china	PROPN
fbem-8288	11	39	.	.	PUNCT
fbem-8288	12	1	in	in	ADP
fbem-8288	12	2	view	view	NOUN
fbem-8288	12	3	of	of	ADP
fbem-8288	12	4	this	this	PRON
fbem-8288	12	5	,	,	PUNCT
fbem-8288	12	6	this	this	DET
fbem-8288	12	7	paper	paper	NOUN
fbem-8288	12	8	will	will	AUX
fbem-8288	12	9	sort	sort	VERB
fbem-8288	12	10	out	out	ADP
fbem-8288	12	11	the	the	DET
fbem-8288	12	12	domestic	domestic	ADJ
fbem-8288	12	13	and	and	CCONJ
fbem-8288	12	14	foreign	foreign	ADJ
fbem-8288	12	15	research	research	NOUN
fbem-8288	12	16	results	result	NOUN
fbem-8288	12	17	about	about	ADP
fbem-8288	12	18	the	the	DET
fbem-8288	12	19	impact	impact	NOUN
fbem-8288	12	20	of	of	ADP
fbem-8288	12	21	exchange	exchange	NOUN
fbem-8288	12	22	rate	rate	NOUN
fbem-8288	12	23	changes	change	NOUN
fbem-8288	12	24	on	on	ADP
fbem-8288	12	25	consumption	consumption	NOUN
fbem-8288	12	26	structure	structure	NOUN
fbem-8288	12	27	,	,	PUNCT
fbem-8288	12	28	in	in	ADP
fbem-8288	12	29	order	order	NOUN
fbem-8288	12	30	to	to	PART
fbem-8288	12	31	provide	provide	VERB
fbem-8288	12	32	reference	reference	NOUN
fbem-8288	12	33	and	and	CCONJ
fbem-8288	12	34	reference	reference	NOUN
fbem-8288	12	35	for	for	ADP
fbem-8288	12	36	the	the	DET
fbem-8288	12	37	future	future	ADJ
fbem-8288	12	38	research	research	NOUN
fbem-8288	12	39	work	work	NOUN
fbem-8288	12	40	on	on	ADP
fbem-8288	12	41	the	the	DET
fbem-8288	12	42	specific	specific	ADJ
fbem-8288	12	43	path	path	NOUN
fbem-8288	12	44	to	to	PART
fbem-8288	12	45	realize	realize	VERB
fbem-8288	12	46	the	the	DET
fbem-8288	12	47	expansion	expansion	NOUN
fbem-8288	12	48	of	of	ADP
fbem-8288	12	49	domestic	domestic	ADJ
fbem-8288	12	50	demand	demand	NOUN
fbem-8288	12	51	.	.	PUNCT
fbem-8288	13	1	2	2	X
fbem-8288	13	2	.	.	X
fbem-8288	13	3	review	review	NOUN
fbem-8288	13	4	of	of	ADP
fbem-8288	13	5	foreign	foreign	ADJ
fbem-8288	13	6	literature	literature	NOUN
fbem-8288	13	7	the	the	DET
fbem-8288	13	8	traditional	traditional	ADJ
fbem-8288	13	9	belief	belief	NOUN
fbem-8288	13	10	is	be	AUX
fbem-8288	13	11	that	that	SCONJ
fbem-8288	13	12	there	there	PRON
fbem-8288	13	13	is	be	VERB
fbem-8288	13	14	a	a	DET
fbem-8288	13	15	positive	positive	ADJ
fbem-8288	13	16	relationship	relationship	NOUN
fbem-8288	13	17	between	between	ADP
fbem-8288	13	18	the	the	DET
fbem-8288	13	19	real	real	ADJ
fbem-8288	13	20	exchange	exchange	NOUN
fbem-8288	13	21	rate	rate	NOUN
fbem-8288	13	22	and	and	CCONJ
fbem-8288	13	23	consumption	consumption	NOUN
fbem-8288	13	24	,	,	PUNCT
fbem-8288	13	25	despite	despite	SCONJ
fbem-8288	13	26	the	the	DET
fbem-8288	13	27	fact	fact	NOUN
fbem-8288	13	28	that	that	SCONJ
fbem-8288	13	29	theoretical	theoretical	ADJ
fbem-8288	13	30	and	and	CCONJ
fbem-8288	13	31	empirical	empirical	ADJ
fbem-8288	13	32	investigations	investigation	NOUN
fbem-8288	13	33	on	on	ADP
fbem-8288	13	34	the	the	DET
fbem-8288	13	35	topic	topic	NOUN
fbem-8288	13	36	have	have	AUX
fbem-8288	13	37	not	not	PART
fbem-8288	13	38	consistently	consistently	ADV
fbem-8288	13	39	reached	reach	VERB
fbem-8288	13	40	a	a	DET
fbem-8288	13	41	result	result	NOUN
fbem-8288	13	42	.	.	PUNCT
fbem-8288	14	1	backus	backus	NOUN
fbem-8288	14	2	and	and	CCONJ
fbem-8288	14	3	smith	smith	PROPN
fbem-8288	14	4	were	be	AUX
fbem-8288	14	5	pioneers	pioneer	NOUN
fbem-8288	14	6	in	in	ADP
fbem-8288	14	7	studying	study	VERB
fbem-8288	14	8	the	the	DET
fbem-8288	14	9	link	link	NOUN
fbem-8288	14	10	between	between	ADP
fbem-8288	14	11	consumption	consumption	NOUN
fbem-8288	14	12	and	and	CCONJ
fbem-8288	14	13	the	the	DET
fbem-8288	14	14	real	real	ADJ
fbem-8288	14	15	exchange	exchange	NOUN
fbem-8288	14	16	rate	rate	NOUN
fbem-8288	14	17	,	,	PUNCT
fbem-8288	14	18	and	and	CCONJ
fbem-8288	14	19	they	they	PRON
fbem-8288	14	20	theoretically	theoretically	ADV
fbem-8288	14	21	argued	argue	VERB
fbem-8288	14	22	that	that	SCONJ
fbem-8288	14	23	consumption	consumption	NOUN
fbem-8288	14	24	is	be	AUX
fbem-8288	14	25	positively	positively	ADV
fbem-8288	14	26	related	relate	VERB
fbem-8288	14	27	to	to	ADP
fbem-8288	14	28	the	the	DET
fbem-8288	14	29	real	real	ADJ
fbem-8288	14	30	exchange	exchange	NOUN
fbem-8288	14	31	rate	rate	NOUN
fbem-8288	14	32	under	under	ADP
fbem-8288	14	33	the	the	DET
fbem-8288	14	34	conditions	condition	NOUN
fbem-8288	14	35	of	of	ADP
fbem-8288	14	36	complete	complete	ADJ
fbem-8288	14	37	financial	financial	ADJ
fbem-8288	14	38	markets	market	NOUN
fbem-8288	14	39	.	.	PUNCT
fbem-8288	15	1	however	however	ADV
fbem-8288	15	2	,	,	PUNCT
fbem-8288	15	3	the	the	DET
fbem-8288	15	4	empirical	empirical	ADJ
fbem-8288	15	5	study	study	NOUN
fbem-8288	15	6	found	find	VERB
fbem-8288	15	7	that	that	SCONJ
fbem-8288	15	8	quarterly	quarterly	ADJ
fbem-8288	15	9	data	datum	NOUN
fbem-8288	15	10	for	for	ADP
fbem-8288	15	11	eight	eight	NUM
fbem-8288	15	12	oecd	oecd	PROPN
fbem-8288	15	13	nations	nation	NOUN
fbem-8288	15	14	from	from	ADP
fbem-8288	15	15	1971	1971	NUM
fbem-8288	15	16	to	to	ADP
fbem-8288	15	17	1990	1990	NUM
fbem-8288	15	18	did	do	AUX
fbem-8288	15	19	not	not	PART
fbem-8288	15	20	show	show	VERB
fbem-8288	15	21	a	a	DET
fbem-8288	15	22	significant	significant	ADJ
fbem-8288	15	23	relationship	relationship	NOUN
fbem-8288	15	24	between	between	ADP
fbem-8288	15	25	consumption	consumption	NOUN
fbem-8288	15	26	and	and	CCONJ
fbem-8288	15	27	the	the	DET
fbem-8288	15	28	real	real	ADJ
fbem-8288	15	29	exchange	exchange	NOUN
fbem-8288	15	30	rate	rate	NOUN
fbem-8288	15	31	.	.	PUNCT
fbem-8288	16	1	this	this	DET
fbem-8288	16	2	finding	finding	NOUN
fbem-8288	16	3	is	be	AUX
fbem-8288	16	4	known	know	VERB
fbem-8288	16	5	as	as	ADP
fbem-8288	16	6	the	the	DET
fbem-8288	16	7	"	"	PUNCT
fbem-8288	16	8	backus	backus	NOUN
fbem-8288	16	9	-	-	PUNCT
fbem-8288	16	10	smith	smith	PROPN
fbem-8288	16	11	puzzle	puzzle	NOUN
fbem-8288	16	12	"	"	PUNCT
fbem-8288	17	1	[	[	X
fbem-8288	17	2	1	1	NUM
fbem-8288	17	3	]	]	PUNCT
fbem-8288	17	4	.	.	PUNCT
fbem-8288	18	1	this	this	DET
fbem-8288	18	2	phenomenon	phenomenon	NOUN
fbem-8288	18	3	has	have	AUX
fbem-8288	18	4	subsequently	subsequently	ADV
fbem-8288	18	5	been	be	AUX
fbem-8288	18	6	studied	study	VERB
fbem-8288	18	7	in	in	ADP
fbem-8288	18	8	depth	depth	NOUN
fbem-8288	18	9	by	by	ADP
fbem-8288	18	10	scholars	scholar	NOUN
fbem-8288	18	11	.	.	PUNCT
fbem-8288	19	1	corsetti	corsetti	PROPN
fbem-8288	19	2	,	,	PUNCT
fbem-8288	19	3	dedola	dedola	NOUN
fbem-8288	19	4	,	,	PUNCT
fbem-8288	19	5	and	and	CCONJ
fbem-8288	19	6	leduc	leduc	PROPN
fbem-8288	19	7	found	find	VERB
fbem-8288	19	8	that	that	SCONJ
fbem-8288	19	9	data	datum	NOUN
fbem-8288	19	10	for	for	ADP
fbem-8288	19	11	oecd	oecd	PROPN
fbem-8288	19	12	countries	country	NOUN
fbem-8288	19	13	from	from	ADP
fbem-8288	19	14	1973	1973	NUM
fbem-8288	19	15	to	to	ADP
fbem-8288	19	16	2001	2001	NUM
fbem-8288	19	17	showed	show	VERB
fbem-8288	19	18	a	a	DET
fbem-8288	19	19	very	very	ADV
fbem-8288	19	20	small	small	ADJ
fbem-8288	19	21	or	or	CCONJ
fbem-8288	19	22	negative	negative	ADJ
fbem-8288	19	23	correlation	correlation	NOUN
fbem-8288	19	24	coefficient	coefficient	NOUN
fbem-8288	19	25	between	between	ADP
fbem-8288	19	26	the	the	DET
fbem-8288	19	27	real	real	ADJ
fbem-8288	19	28	exchange	exchange	NOUN
fbem-8288	19	29	rate	rate	NOUN
fbem-8288	19	30	and	and	CCONJ
fbem-8288	19	31	consumption	consumption	NOUN
fbem-8288	19	32	,	,	PUNCT
fbem-8288	19	33	with	with	ADP
fbem-8288	19	34	median	median	ADJ
fbem-8288	19	35	values	value	NOUN
fbem-8288	19	36	between	between	ADP
fbem-8288	19	37	-0.3	-0.3	PROPN
fbem-8288	19	38	and	and	CCONJ
fbem-8288	19	39	0.2	0.2	NUM
fbem-8288	20	1	[	[	SYM
fbem-8288	20	2	2	2	NUM
fbem-8288	20	3	]	]	PUNCT
fbem-8288	20	4	.	.	PUNCT
fbem-8288	21	1	the	the	DET
fbem-8288	21	2	cross	cross	ADJ
fbem-8288	21	3	-	-	ADJ
fbem-8288	21	4	country	country	ADJ
fbem-8288	21	5	empirical	empirical	ADJ
fbem-8288	21	6	study	study	NOUN
fbem-8288	21	7	by	by	ADP
fbem-8288	21	8	bahmanioskooee	bahmanioskooee	NOUN
fbem-8288	21	9	and	and	CCONJ
fbem-8288	21	10	hajilee	hajilee	PROPN
fbem-8288	21	11	also	also	ADV
fbem-8288	21	12	provided	provide	VERB
fbem-8288	21	13	direct	direct	ADJ
fbem-8288	21	14	evidence	evidence	NOUN
fbem-8288	21	15	that	that	SCONJ
fbem-8288	21	16	a	a	DET
fbem-8288	21	17	lower	low	ADJ
fbem-8288	21	18	exchange	exchange	NOUN
fbem-8288	21	19	rate	rate	NOUN
fbem-8288	21	20	depresses	depress	VERB
fbem-8288	21	21	residential	residential	ADJ
fbem-8288	21	22	consumption	consumption	NOUN
fbem-8288	21	23	[	[	X
fbem-8288	21	24	3	3	NUM
fbem-8288	21	25	]	]	PUNCT
fbem-8288	21	26	.	.	PUNCT
fbem-8288	22	1	other	other	ADJ
fbem-8288	22	2	scholars	scholar	NOUN
fbem-8288	22	3	have	have	AUX
fbem-8288	22	4	questioned	question	VERB
fbem-8288	22	5	the	the	DET
fbem-8288	22	6	traditional	traditional	ADJ
fbem-8288	22	7	complete	complete	ADJ
fbem-8288	22	8	financial	financial	ADJ
fbem-8288	22	9	market	market	NOUN
fbem-8288	22	10	hypothesis	hypothesis	NOUN
fbem-8288	22	11	and	and	CCONJ
fbem-8288	22	12	introduced	introduce	VERB
fbem-8288	22	13	the	the	DET
fbem-8288	22	14	incomplete	incomplete	ADJ
fbem-8288	22	15	financial	financial	ADJ
fbem-8288	22	16	market	market	NOUN
fbem-8288	22	17	hypothesis	hypothesis	NOUN
fbem-8288	22	18	.	.	PUNCT
fbem-8288	23	1	most	most	ADJ
fbem-8288	23	2	scholars	scholar	NOUN
fbem-8288	23	3	have	have	AUX
fbem-8288	23	4	empirically	empirically	ADV
fbem-8288	23	5	tested	test	VERB
fbem-8288	23	6	the	the	DET
fbem-8288	23	7	paradox	paradox	NOUN
fbem-8288	23	8	and	and	CCONJ
fbem-8288	23	9	found	find	VERB
fbem-8288	23	10	that	that	SCONJ
fbem-8288	23	11	it	it	PRON
fbem-8288	23	12	still	still	ADV
fbem-8288	23	13	holds	hold	VERB
fbem-8288	23	14	.	.	PUNCT
fbem-8288	24	1	selaive	selaive	NOUN
fbem-8288	24	2	and	and	CCONJ
fbem-8288	24	3	tuesta	tuesta	PROPN
fbem-8288	24	4	theoretically	theoretically	ADV
fbem-8288	24	5	explained	explain	VERB
fbem-8288	24	6	the	the	DET
fbem-8288	24	7	zero	zero	NUM
fbem-8288	24	8	or	or	CCONJ
fbem-8288	24	9	negative	negative	ADJ
fbem-8288	24	10	correlation	correlation	NOUN
fbem-8288	24	11	between	between	ADP
fbem-8288	24	12	the	the	DET
fbem-8288	24	13	real	real	ADJ
fbem-8288	24	14	exchange	exchange	NOUN
fbem-8288	24	15	rate	rate	NOUN
fbem-8288	24	16	and	and	CCONJ
fbem-8288	24	17	relative	relative	ADJ
fbem-8288	24	18	consumption	consumption	NOUN
fbem-8288	24	19	based	base	VERB
fbem-8288	24	20	on	on	ADP
fbem-8288	24	21	the	the	DET
fbem-8288	24	22	incomplete	incomplete	ADJ
fbem-8288	24	23	market	market	NOUN
fbem-8288	24	24	hypothesis	hypothesis	NOUN
fbem-8288	24	25	[	[	X
fbem-8288	24	26	4	4	NUM
fbem-8288	24	27	]	]	PUNCT
fbem-8288	24	28	.	.	PUNCT
fbem-8288	25	1	corsetti	corsetti	PROPN
fbem-8288	25	2	,	,	PUNCT
fbem-8288	25	3	dedola	dedola	NOUN
fbem-8288	25	4	,	,	PUNCT
fbem-8288	25	5	and	and	CCONJ
fbem-8288	25	6	leduc	leduc	PROPN
fbem-8288	25	7	suggested	suggest	VERB
fbem-8288	25	8	that	that	SCONJ
fbem-8288	25	9	higher	high	ADJ
fbem-8288	25	10	productivity	productivity	NOUN
fbem-8288	25	11	,	,	PUNCT
fbem-8288	25	12	improved	improve	VERB
fbem-8288	25	13	terms	term	NOUN
fbem-8288	25	14	of	of	ADP
fbem-8288	25	15	trade	trade	NOUN
fbem-8288	25	16	,	,	PUNCT
fbem-8288	25	17	and	and	CCONJ
fbem-8288	25	18	exchange	exchange	NOUN
fbem-8288	25	19	rate	rate	NOUN
fbem-8288	25	20	appreciation	appreciation	NOUN
fbem-8288	25	21	will	will	AUX
fbem-8288	25	22	raise	raise	VERB
fbem-8288	25	23	domestic	domestic	ADJ
fbem-8288	25	24	consumption	consumption	NOUN
fbem-8288	25	25	in	in	ADP
fbem-8288	25	26	comparison	comparison	NOUN
fbem-8288	25	27	to	to	ADP
fbem-8288	25	28	other	other	ADJ
fbem-8288	25	29	nations	nation	NOUN
fbem-8288	25	30	.	.	PUNCT
fbem-8288	26	1	[	[	X
fbem-8288	26	2	2	2	NUM
fbem-8288	26	3	]	]	PUNCT
fbem-8288	26	4	.	.	PUNCT
fbem-8288	27	1	the	the	DET
fbem-8288	27	2	backus	backus	PROPN
fbem-8288	27	3	-	-	PUNCT
fbem-8288	27	4	smith	smith	PROPN
fbem-8288	27	5	puzzle	puzzle	NOUN
fbem-8288	27	6	has	have	AUX
fbem-8288	27	7	been	be	AUX
fbem-8288	27	8	studied	study	VERB
fbem-8288	27	9	empirically	empirically	ADV
fbem-8288	27	10	,	,	PUNCT
fbem-8288	27	11	for	for	ADP
fbem-8288	27	12	example	example	NOUN
fbem-8288	27	13	,	,	PUNCT
fbem-8288	27	14	kollmann	kollmann	PROPN
fbem-8288	28	1	[	[	X
fbem-8288	28	2	5	5	NUM
fbem-8288	28	3	]	]	PUNCT
fbem-8288	28	4	and	and	CCONJ
fbem-8288	28	5	ravn	ravn	NOUN
fbem-8288	28	6	[	[	X
fbem-8288	28	7	6	6	NUM
fbem-8288	28	8	]	]	PUNCT
fbem-8288	28	9	discovered	discover	VERB
fbem-8288	28	10	that	that	SCONJ
fbem-8288	28	11	the	the	DET
fbem-8288	28	12	real	real	ADJ
fbem-8288	28	13	exchange	exchange	NOUN
fbem-8288	28	14	rate	rate	NOUN
fbem-8288	28	15	has	have	VERB
fbem-8288	28	16	a	a	DET
fbem-8288	28	17	very	very	ADV
fbem-8288	28	18	limited	limited	ADJ
fbem-8288	28	19	effect	effect	NOUN
fbem-8288	28	20	on	on	ADP
fbem-8288	28	21	consumption	consumption	NOUN
fbem-8288	28	22	.	.	PUNCT
fbem-8288	29	1	hess	hess	NOUN
fbem-8288	29	2	and	and	CCONJ
fbem-8288	29	3	shin	shin	NOUN
fbem-8288	30	1	[	[	X
fbem-8288	30	2	7	7	NUM
fbem-8288	30	3	]	]	PUNCT
fbem-8288	30	4	and	and	CCONJ
fbem-8288	30	5	hadzi	hadzi	NOUN
fbem-8288	30	6	-	-	PUNCT
fbem-8288	30	7	vaskov	vaskov	NOUN
fbem-8288	31	1	[	[	X
fbem-8288	31	2	8	8	NUM
fbem-8288	31	3	]	]	PUNCT
fbem-8288	31	4	found	find	VERB
fbem-8288	31	5	that	that	SCONJ
fbem-8288	31	6	relative	relative	ADJ
fbem-8288	31	7	consumption	consumption	NOUN
fbem-8288	31	8	growth	growth	NOUN
fbem-8288	31	9	is	be	AUX
fbem-8288	31	10	positively	positively	ADV
fbem-8288	31	11	associated	associate	VERB
fbem-8288	31	12	with	with	ADP
fbem-8288	31	13	real	real	ADJ
fbem-8288	31	14	exchange	exchange	NOUN
fbem-8288	31	15	rate	rate	NOUN
fbem-8288	31	16	movements	movement	NOUN
fbem-8288	31	17	after	after	ADP
fbem-8288	31	18	eliminating	eliminate	VERB
fbem-8288	31	19	nominal	nominal	ADJ
fbem-8288	31	20	exchange	exchange	NOUN
fbem-8288	31	21	rate	rate	NOUN
fbem-8288	31	22	fluctuations	fluctuation	NOUN
fbem-8288	31	23	,	,	PUNCT
fbem-8288	31	24	using	use	VERB
fbem-8288	31	25	quarterly	quarterly	ADJ
fbem-8288	31	26	panel	panel	NOUN
fbem-8288	31	27	data	datum	NOUN
fbem-8288	31	28	for	for	ADP
fbem-8288	31	29	12	12	NUM
fbem-8288	31	30	euro	euro	NOUN
fbem-8288	31	31	area	area	NOUN
fbem-8288	31	32	countries	country	NOUN
fbem-8288	31	33	from	from	ADP
fbem-8288	31	34	1999	1999	NUM
fbem-8288	31	35	-	-	SYM
fbem-8288	31	36	2006	2006	NUM
fbem-8288	31	37	.	.	PUNCT
fbem-8288	32	1	however	however	ADV
fbem-8288	32	2	,	,	PUNCT
fbem-8288	32	3	shiu	shiu	PROPN
fbem-8288	32	4	-	-	PUNCT
fbem-8288	32	5	sheng	sheng	PROPN
fbem-8288	32	6	chen	chen	PROPN
fbem-8288	32	7	rejected	reject	VERB
fbem-8288	32	8	the	the	DET
fbem-8288	32	9	"	"	PUNCT
fbem-8288	32	10	backussmith	backussmith	NOUN
fbem-8288	32	11	puzzle	puzzle	NOUN
fbem-8288	32	12	"	"	PUNCT
fbem-8288	32	13	.	.	PUNCT
fbem-8288	33	1	he	he	PRON
fbem-8288	33	2	argued	argue	VERB
fbem-8288	33	3	that	that	SCONJ
fbem-8288	33	4	the	the	DET
fbem-8288	33	5	instrumental	instrumental	ADJ
fbem-8288	33	6	variables	variable	NOUN
fbem-8288	33	7	used	use	VERB
fbem-8288	33	8	in	in	ADP
fbem-8288	33	9	previous	previous	ADJ
fbem-8288	33	10	studies	study	NOUN
fbem-8288	33	11	to	to	PART
fbem-8288	33	12	deal	deal	VERB
fbem-8288	33	13	with	with	ADP
fbem-8288	33	14	the	the	DET
fbem-8288	33	15	endogeneity	endogeneity	NOUN
fbem-8288	33	16	of	of	ADP
fbem-8288	33	17	the	the	DET
fbem-8288	33	18	explanatory	explanatory	ADJ
fbem-8288	33	19	variables	variable	NOUN
fbem-8288	33	20	in	in	ADP
fbem-8288	33	21	the	the	DET
fbem-8288	33	22	regressions	regression	NOUN
fbem-8288	33	23	are	be	AUX
fbem-8288	33	24	invalid	invalid	ADJ
fbem-8288	33	25	,	,	PUNCT
fbem-8288	33	26	and	and	CCONJ
fbem-8288	33	27	that	that	SCONJ
fbem-8288	33	28	improving	improve	VERB
fbem-8288	33	29	the	the	DET
fbem-8288	33	30	instrumental	instrumental	ADJ
fbem-8288	33	31	variables	variable	NOUN
fbem-8288	33	32	yields	yield	VERB
fbem-8288	33	33	a	a	DET
fbem-8288	33	34	positive	positive	ADJ
fbem-8288	33	35	association	association	NOUN
fbem-8288	33	36	between	between	ADP
fbem-8288	33	37	exchange	exchange	NOUN
fbem-8288	33	38	rates	rate	NOUN
fbem-8288	33	39	and	and	CCONJ
fbem-8288	33	40	relative	relative	ADJ
fbem-8288	33	41	consumption	consumption	NOUN
fbem-8288	34	1	[	[	X
fbem-8288	34	2	9	9	NUM
fbem-8288	34	3	]	]	SYM
fbem-8288	34	4	.	.	PUNCT
fbem-8288	35	1	3	3	X
fbem-8288	35	2	.	.	X
fbem-8288	35	3	review	review	NOUN
fbem-8288	35	4	of	of	ADP
fbem-8288	35	5	domestic	domestic	ADJ
fbem-8288	35	6	related	relate	VERB
fbem-8288	35	7	literature	literature	NOUN
fbem-8288	35	8	since	since	SCONJ
fbem-8288	35	9	the	the	DET
fbem-8288	35	10	beginning	beginning	NOUN
fbem-8288	35	11	of	of	ADP
fbem-8288	35	12	the	the	DET
fbem-8288	35	13	rmb	rmb	PROPN
fbem-8288	35	14	exchange	exchange	NOUN
fbem-8288	35	15	rate	rate	NOUN
fbem-8288	35	16	reform	reform	NOUN
fbem-8288	35	17	regime	regime	NOUN
fbem-8288	35	18	in	in	ADP
fbem-8288	35	19	2005	2005	NUM
fbem-8288	35	20	,	,	PUNCT
fbem-8288	35	21	a	a	DET
fbem-8288	35	22	growing	grow	VERB
fbem-8288	35	23	number	number	NOUN
fbem-8288	35	24	of	of	ADP
fbem-8288	35	25	scholars	scholar	NOUN
fbem-8288	35	26	have	have	AUX
fbem-8288	35	27	studied	study	VERB
fbem-8288	35	28	the	the	DET
fbem-8288	35	29	relationship	relationship	NOUN
fbem-8288	35	30	between	between	ADP
fbem-8288	35	31	the	the	DET
fbem-8288	35	32	real	real	ADJ
fbem-8288	35	33	exchange	exchange	NOUN
fbem-8288	35	34	rate	rate	NOUN
fbem-8288	35	35	and	and	CCONJ
fbem-8288	35	36	consumption	consumption	NOUN
fbem-8288	35	37	.	.	PUNCT
fbem-8288	36	1	some	some	DET
fbem-8288	36	2	scholars	scholar	NOUN
fbem-8288	36	3	have	have	AUX
fbem-8288	36	4	also	also	ADV
fbem-8288	36	5	focused	focus	VERB
fbem-8288	36	6	on	on	ADP
fbem-8288	36	7	the	the	DET
fbem-8288	36	8	"	"	PUNCT
fbem-8288	36	9	backus	backus	NOUN
fbem-8288	36	10	-	-	PUNCT
fbem-8288	36	11	smith	smith	PROPN
fbem-8288	36	12	puzzle	puzzle	NOUN
fbem-8288	36	13	"	"	PUNCT
fbem-8288	36	14	.	.	PUNCT
fbem-8288	37	1	fu	fu	PROPN
fbem-8288	37	2	zhangyan	zhangyan	PROPN
fbem-8288	37	3	empirically	empirically	ADV
fbem-8288	37	4	examined	examine	VERB
fbem-8288	37	5	the	the	DET
fbem-8288	37	6	effect	effect	NOUN
fbem-8288	37	7	of	of	ADP
fbem-8288	37	8	real	real	ADJ
fbem-8288	37	9	exchange	exchange	NOUN
fbem-8288	37	10	rate	rate	NOUN
fbem-8288	37	11	on	on	ADP
fbem-8288	37	12	consumption	consumption	NOUN
fbem-8288	37	13	by	by	ADP
fbem-8288	37	14	building	build	VERB
fbem-8288	37	15	a	a	DET
fbem-8288	37	16	panel	panel	NOUN
fbem-8288	37	17	data	datum	NOUN
fbem-8288	37	18	model	model	NOUN
fbem-8288	37	19	with	with	ADP
fbem-8288	37	20	22	22	NUM
fbem-8288	37	21	countries	country	NOUN
fbem-8288	37	22	or	or	CCONJ
fbem-8288	37	23	regions	region	NOUN
fbem-8288	37	24	and	and	CCONJ
fbem-8288	37	25	finds	find	VERB
fbem-8288	37	26	that	that	SCONJ
fbem-8288	37	27	the	the	DET
fbem-8288	37	28	backus	backus	PROPN
fbem-8288	37	29	-	-	PUNCT
fbem-8288	37	30	smith	smith	PROPN
fbem-8288	37	31	puzzle	puzzle	NOUN
fbem-8288	37	32	also	also	ADV
fbem-8288	37	33	exists	exist	VERB
fbem-8288	37	34	in	in	ADP
fbem-8288	37	35	most	most	ADJ
fbem-8288	37	36	developing	develop	VERB
fbem-8288	37	37	countries	country	NOUN
fbem-8288	37	38	[	[	X
fbem-8288	37	39	10	10	NUM
fbem-8288	37	40	]	]	PUNCT
fbem-8288	37	41	.	.	PUNCT
fbem-8288	38	1	chen	chen	PROPN
fbem-8288	38	2	ke	ke	PROPN
fbem-8288	38	3	,	,	PUNCT
fbem-8288	38	4	and	and	CCONJ
fbem-8288	38	5	lu	lu	PROPN
fbem-8288	38	6	jian	jian	PROPN
fbem-8288	39	1	[	[	X
fbem-8288	39	2	11	11	NUM
fbem-8288	39	3	]	]	PUNCT
fbem-8288	39	4	,	,	PUNCT
fbem-8288	39	5	zhou	zhou	PROPN
fbem-8288	39	6	yajun	yajun	PROPN
fbem-8288	40	1	[	[	X
fbem-8288	40	2	12	12	NUM
fbem-8288	40	3	]	]	PUNCT
fbem-8288	40	4	all	all	PRON
fbem-8288	40	5	found	find	VERB
fbem-8288	40	6	that	that	SCONJ
fbem-8288	40	7	the	the	DET
fbem-8288	40	8	chinese	chinese	ADJ
fbem-8288	40	9	economy	economy	NOUN
fbem-8288	40	10	fits	fit	VERB
fbem-8288	40	11	the	the	DET
fbem-8288	40	12	characteristics	characteristic	NOUN
fbem-8288	40	13	of	of	ADP
fbem-8288	40	14	the	the	DET
fbem-8288	40	15	backussmith	backussmith	NOUN
fbem-8288	40	16	puzzle	puzzle	NOUN
fbem-8288	40	17	through	through	ADP
fbem-8288	40	18	empirical	empirical	ADJ
fbem-8288	40	19	tests	test	NOUN
fbem-8288	40	20	.	.	PUNCT
fbem-8288	41	1	duan	duan	PROPN
fbem-8288	41	2	junshan	junshan	PROPN
fbem-8288	41	3	and	and	CCONJ
fbem-8288	41	4	mao	mao	PROPN
fbem-8288	41	5	zhonggen	zhonggen	PROPN
fbem-8288	41	6	constructed	construct	VERB
fbem-8288	41	7	a	a	DET
fbem-8288	41	8	binary	binary	ADJ
fbem-8288	41	9	choice	choice	NOUN
fbem-8288	41	10	52	52	NUM
fbem-8288	41	11	model	model	NOUN
fbem-8288	41	12	and	and	CCONJ
fbem-8288	41	13	discovered	discover	VERB
fbem-8288	41	14	that	that	SCONJ
fbem-8288	41	15	exchange	exchange	NOUN
fbem-8288	41	16	rate	rate	NOUN
fbem-8288	41	17	fluctuations	fluctuation	NOUN
fbem-8288	41	18	have	have	VERB
fbem-8288	41	19	a	a	DET
fbem-8288	41	20	growing	grow	VERB
fbem-8288	41	21	impact	impact	NOUN
fbem-8288	41	22	on	on	ADP
fbem-8288	41	23	consumption	consumption	NOUN
fbem-8288	41	24	,	,	PUNCT
fbem-8288	41	25	and	and	CCONJ
fbem-8288	41	26	that	that	SCONJ
fbem-8288	41	27	changes	change	NOUN
fbem-8288	41	28	in	in	ADP
fbem-8288	41	29	residents	resident	NOUN
fbem-8288	41	30	'	'	PART
fbem-8288	41	31	consumption	consumption	NOUN
fbem-8288	41	32	also	also	ADV
fbem-8288	41	33	affected	affect	VERB
fbem-8288	41	34	the	the	DET
fbem-8288	41	35	real	real	ADJ
fbem-8288	41	36	exchange	exchange	NOUN
fbem-8288	41	37	rate	rate	NOUN
fbem-8288	41	38	[	[	X
fbem-8288	41	39	13	13	NUM
fbem-8288	41	40	]	]	PUNCT
fbem-8288	41	41	.	.	PUNCT
fbem-8288	42	1	some	some	DET
fbem-8288	42	2	scholars	scholar	NOUN
fbem-8288	42	3	believe	believe	VERB
fbem-8288	42	4	that	that	SCONJ
fbem-8288	42	5	the	the	DET
fbem-8288	42	6	increase	increase	NOUN
fbem-8288	42	7	in	in	ADP
fbem-8288	42	8	consumption	consumption	NOUN
fbem-8288	42	9	is	be	AUX
fbem-8288	42	10	conducive	conducive	ADJ
fbem-8288	42	11	to	to	ADP
fbem-8288	42	12	the	the	DET
fbem-8288	42	13	betterring	betterring	NOUN
fbem-8288	42	14	of	of	ADP
fbem-8288	42	15	the	the	DET
fbem-8288	42	16	consumption	consumption	NOUN
fbem-8288	42	17	structure	structure	NOUN
fbem-8288	42	18	.	.	PUNCT
fbem-8288	43	1	yuan	yuan	NOUN
fbem-8288	43	2	,	,	PUNCT
fbem-8288	43	3	xia	xia	PROPN
fbem-8288	43	4	linfeng	linfeng	PROPN
fbem-8288	43	5	,	,	PUNCT
fbem-8288	43	6	and	and	CCONJ
fbem-8288	43	7	fan	fan	PROPN
fbem-8288	43	8	xiaoya	xiaoya	PROPN
fbem-8288	43	9	found	find	VERB
fbem-8288	43	10	through	through	ADP
fbem-8288	43	11	empirical	empirical	ADJ
fbem-8288	43	12	analysis	analysis	NOUN
fbem-8288	43	13	that	that	SCONJ
fbem-8288	43	14	the	the	DET
fbem-8288	43	15	growth	growth	NOUN
fbem-8288	43	16	in	in	ADP
fbem-8288	43	17	consumption	consumption	NOUN
fbem-8288	43	18	expenditure	expenditure	NOUN
fbem-8288	43	19	contributes	contribute	VERB
fbem-8288	43	20	significantly	significantly	ADV
fbem-8288	43	21	to	to	ADP
fbem-8288	43	22	the	the	DET
fbem-8288	43	23	upgrading	upgrading	NOUN
fbem-8288	43	24	of	of	ADP
fbem-8288	43	25	consumption	consumption	NOUN
fbem-8288	43	26	structure	structure	NOUN
fbem-8288	43	27	,	,	PUNCT
fbem-8288	43	28	and	and	CCONJ
fbem-8288	43	29	the	the	DET
fbem-8288	43	30	change	change	NOUN
fbem-8288	43	31	in	in	ADP
fbem-8288	43	32	the	the	DET
fbem-8288	43	33	relative	relative	ADJ
fbem-8288	43	34	prices	price	NOUN
fbem-8288	43	35	of	of	ADP
fbem-8288	43	36	various	various	ADJ
fbem-8288	43	37	goods	good	NOUN
fbem-8288	43	38	and	and	CCONJ
fbem-8288	43	39	services	service	NOUN
fbem-8288	43	40	also	also	ADV
fbem-8288	43	41	has	have	VERB
fbem-8288	43	42	an	an	DET
fbem-8288	43	43	important	important	ADJ
fbem-8288	43	44	impact	impact	NOUN
fbem-8288	43	45	on	on	ADP
fbem-8288	43	46	the	the	DET
fbem-8288	43	47	consumption	consumption	NOUN
fbem-8288	43	48	structure	structure	NOUN
fbem-8288	43	49	of	of	ADP
fbem-8288	43	50	the	the	DET
fbem-8288	43	51	population	population	NOUN
fbem-8288	44	1	[	[	X
fbem-8288	44	2	14	14	NUM
fbem-8288	44	3	]	]	PUNCT
fbem-8288	44	4	.	.	PUNCT
fbem-8288	45	1	most	most	ADJ
fbem-8288	45	2	of	of	ADP
fbem-8288	45	3	the	the	DET
fbem-8288	45	4	remaining	remain	VERB
fbem-8288	45	5	scholars	scholar	NOUN
fbem-8288	45	6	in	in	ADP
fbem-8288	45	7	china	china	PROPN
fbem-8288	45	8	study	study	VERB
fbem-8288	45	9	the	the	DET
fbem-8288	45	10	important	important	ADJ
fbem-8288	45	11	intermediate	intermediate	ADJ
fbem-8288	45	12	transmission	transmission	NOUN
fbem-8288	45	13	medium	medium	NOUN
fbem-8288	45	14	or	or	CCONJ
fbem-8288	45	15	mechanism	mechanism	NOUN
fbem-8288	45	16	through	through	ADP
fbem-8288	45	17	which	which	PRON
fbem-8288	45	18	the	the	DET
fbem-8288	45	19	rmb	rmb	PROPN
fbem-8288	45	20	exchange	exchange	NOUN
fbem-8288	45	21	rate	rate	NOUN
fbem-8288	45	22	affects	affect	VERB
fbem-8288	45	23	consumption	consumption	NOUN
fbem-8288	45	24	.	.	PUNCT
fbem-8288	46	1	some	some	DET
fbem-8288	46	2	other	other	ADJ
fbem-8288	46	3	academics	academic	NOUN
fbem-8288	46	4	argue	argue	VERB
fbem-8288	46	5	that	that	SCONJ
fbem-8288	46	6	changes	change	NOUN
fbem-8288	46	7	in	in	ADP
fbem-8288	46	8	the	the	DET
fbem-8288	46	9	rmb	rmb	PROPN
fbem-8288	46	10	exchange	exchange	NOUN
fbem-8288	46	11	rate	rate	NOUN
fbem-8288	46	12	will	will	AUX
fbem-8288	46	13	affect	affect	VERB
fbem-8288	46	14	china	china	PROPN
fbem-8288	46	15	's	's	PART
fbem-8288	46	16	consumption	consumption	NOUN
fbem-8288	46	17	structure	structure	NOUN
fbem-8288	46	18	through	through	ADP
fbem-8288	46	19	the	the	DET
fbem-8288	46	20	following	follow	VERB
fbem-8288	46	21	three	three	NUM
fbem-8288	46	22	channels	channel	NOUN
fbem-8288	46	23	.	.	PUNCT
fbem-8288	47	1	3.1	3.1	NUM
fbem-8288	47	2	.	.	PUNCT
fbem-8288	48	1	wealth	wealth	NOUN
fbem-8288	48	2	effect	effect	VERB
fbem-8288	48	3	the	the	DET
fbem-8288	48	4	wealth	wealth	NOUN
fbem-8288	48	5	effect	effect	NOUN
fbem-8288	48	6	refers	refer	VERB
fbem-8288	48	7	to	to	ADP
fbem-8288	48	8	changes	change	NOUN
fbem-8288	48	9	in	in	ADP
fbem-8288	48	10	the	the	DET
fbem-8288	48	11	price	price	NOUN
fbem-8288	48	12	of	of	ADP
fbem-8288	48	13	financial	financial	ADJ
fbem-8288	48	14	assets	asset	NOUN
fbem-8288	48	15	that	that	PRON
fbem-8288	48	16	affect	affect	VERB
fbem-8288	48	17	the	the	DET
fbem-8288	48	18	wealth	wealth	NOUN
fbem-8288	48	19	of	of	ADP
fbem-8288	48	20	the	the	DET
fbem-8288	48	21	population	population	NOUN
fbem-8288	48	22	and	and	CCONJ
fbem-8288	48	23	thus	thus	ADV
fbem-8288	48	24	promote	promote	VERB
fbem-8288	48	25	or	or	CCONJ
fbem-8288	48	26	inhibit	inhibit	VERB
fbem-8288	48	27	the	the	DET
fbem-8288	48	28	growth	growth	NOUN
fbem-8288	48	29	of	of	ADP
fbem-8288	48	30	consumption	consumption	NOUN
fbem-8288	48	31	.	.	PUNCT
fbem-8288	49	1	gu	gu	NOUN
fbem-8288	49	2	zijing	zijing	PROPN
fbem-8288	49	3	argued	argue	VERB
fbem-8288	49	4	that	that	SCONJ
fbem-8288	49	5	the	the	DET
fbem-8288	49	6	exchange	exchange	NOUN
fbem-8288	49	7	rate	rate	NOUN
fbem-8288	49	8	upward	upward	ADV
fbem-8288	49	9	will	will	AUX
fbem-8288	49	10	increase	increase	VERB
fbem-8288	49	11	asset	asset	NOUN
fbem-8288	49	12	prices	price	NOUN
fbem-8288	49	13	,	,	PUNCT
fbem-8288	49	14	leading	lead	VERB
fbem-8288	49	15	to	to	ADP
fbem-8288	49	16	an	an	DET
fbem-8288	49	17	increase	increase	NOUN
fbem-8288	49	18	in	in	ADP
fbem-8288	49	19	residents	resident	NOUN
fbem-8288	49	20	'	'	PART
fbem-8288	49	21	total	total	ADJ
fbem-8288	49	22	wealth	wealth	NOUN
fbem-8288	49	23	,	,	PUNCT
fbem-8288	49	24	and	and	CCONJ
fbem-8288	49	25	encourages	encourage	VERB
fbem-8288	49	26	more	more	ADJ
fbem-8288	49	27	consumption	consumption	NOUN
fbem-8288	49	28	while	while	SCONJ
fbem-8288	49	29	optimizing	optimize	VERB
fbem-8288	49	30	the	the	DET
fbem-8288	49	31	consumption	consumption	NOUN
fbem-8288	49	32	structure	structure	NOUN
fbem-8288	49	33	[	[	X
fbem-8288	49	34	15	15	NUM
fbem-8288	49	35	]	]	PUNCT
fbem-8288	49	36	.	.	PUNCT
fbem-8288	50	1	however	however	ADV
fbem-8288	50	2	,	,	PUNCT
fbem-8288	50	3	some	some	DET
fbem-8288	50	4	scholars	scholar	NOUN
fbem-8288	50	5	have	have	AUX
fbem-8288	50	6	put	put	VERB
fbem-8288	50	7	forward	forward	ADV
fbem-8288	50	8	a	a	DET
fbem-8288	50	9	different	different	ADJ
fbem-8288	50	10	view	view	NOUN
fbem-8288	50	11	.	.	PUNCT
fbem-8288	51	1	gu	gu	NOUN
fbem-8288	51	2	ning	ning	NOUN
fbem-8288	51	3	and	and	CCONJ
fbem-8288	51	4	zhu	zhu	PROPN
fbem-8288	51	5	jiaqi	jiaqi	PROPN
fbem-8288	51	6	found	find	VERB
fbem-8288	51	7	that	that	SCONJ
fbem-8288	51	8	the	the	DET
fbem-8288	51	9	wealth	wealth	NOUN
fbem-8288	51	10	effect	effect	NOUN
fbem-8288	51	11	has	have	VERB
fbem-8288	51	12	the	the	DET
fbem-8288	51	13	largest	large	ADJ
fbem-8288	51	14	contribution	contribution	NOUN
fbem-8288	51	15	to	to	ADP
fbem-8288	51	16	the	the	DET
fbem-8288	51	17	information	information	NOUN
fbem-8288	51	18	entropy	entropy	NOUN
fbem-8288	51	19	of	of	ADP
fbem-8288	51	20	residents	resident	NOUN
fbem-8288	51	21	'	'	PART
fbem-8288	51	22	consumption	consumption	NOUN
fbem-8288	51	23	structure	structure	NOUN
fbem-8288	51	24	through	through	ADP
fbem-8288	51	25	a	a	DET
fbem-8288	51	26	vector	vector	NOUN
fbem-8288	51	27	autoregressive	autoregressive	ADJ
fbem-8288	51	28	model	model	NOUN
fbem-8288	51	29	,	,	PUNCT
fbem-8288	51	30	and	and	CCONJ
fbem-8288	51	31	rmb	rmb	NOUN
fbem-8288	51	32	appreciation	appreciation	NOUN
fbem-8288	51	33	will	will	AUX
fbem-8288	51	34	bring	bring	VERB
fbem-8288	51	35	about	about	ADP
fbem-8288	51	36	a	a	DET
fbem-8288	51	37	deterioration	deterioration	NOUN
fbem-8288	51	38	of	of	ADP
fbem-8288	51	39	the	the	DET
fbem-8288	51	40	overall	overall	ADJ
fbem-8288	51	41	consumption	consumption	NOUN
fbem-8288	51	42	structure	structure	NOUN
fbem-8288	51	43	[	[	X
fbem-8288	51	44	16	16	NUM
fbem-8288	51	45	]	]	PUNCT
fbem-8288	51	46	.	.	PUNCT
fbem-8288	52	1	fan	fan	PROPN
fbem-8288	52	2	xia	xia	PROPN
fbem-8288	52	3	showed	show	VERB
fbem-8288	52	4	through	through	ADP
fbem-8288	52	5	pvar	pvar	ADJ
fbem-8288	52	6	model	model	NOUN
fbem-8288	52	7	analysis	analysis	NOUN
fbem-8288	52	8	that	that	SCONJ
fbem-8288	52	9	the	the	DET
fbem-8288	52	10	rapid	rapid	ADJ
fbem-8288	52	11	growth	growth	NOUN
fbem-8288	52	12	of	of	ADP
fbem-8288	52	13	per	per	ADP
fbem-8288	52	14	capita	capita	X
fbem-8288	52	15	wealth	wealth	NOUN
fbem-8288	52	16	due	due	ADP
fbem-8288	52	17	to	to	ADP
fbem-8288	52	18	rmb	rmb	PROPN
fbem-8288	52	19	exchange	exchange	NOUN
fbem-8288	52	20	rate	rate	NOUN
fbem-8288	52	21	appreciation	appreciation	NOUN
fbem-8288	52	22	is	be	AUX
fbem-8288	52	23	detrimental	detrimental	ADJ
fbem-8288	52	24	to	to	ADP
fbem-8288	52	25	the	the	DET
fbem-8288	52	26	optimization	optimization	NOUN
fbem-8288	52	27	of	of	ADP
fbem-8288	52	28	consumption	consumption	NOUN
fbem-8288	52	29	structure	structure	NOUN
fbem-8288	53	1	[	[	X
fbem-8288	53	2	17	17	NUM
fbem-8288	53	3	]	]	SYM
fbem-8288	53	4	.	.	PUNCT
fbem-8288	54	1	3.2	3.2	NUM
fbem-8288	54	2	.	.	PUNCT
fbem-8288	55	1	price	price	NOUN
fbem-8288	55	2	effect	effect	NOUN
fbem-8288	55	3	the	the	DET
fbem-8288	55	4	price	price	NOUN
fbem-8288	55	5	effect	effect	NOUN
fbem-8288	55	6	is	be	AUX
fbem-8288	55	7	that	that	SCONJ
fbem-8288	55	8	a	a	DET
fbem-8288	55	9	change	change	NOUN
fbem-8288	55	10	in	in	ADP
fbem-8288	55	11	price	price	NOUN
fbem-8288	55	12	leads	lead	VERB
fbem-8288	55	13	to	to	ADP
fbem-8288	55	14	a	a	DET
fbem-8288	55	15	change	change	NOUN
fbem-8288	55	16	in	in	ADP
fbem-8288	55	17	purchasing	purchase	VERB
fbem-8288	55	18	power	power	NOUN
fbem-8288	55	19	.	.	PUNCT
fbem-8288	56	1	gu	gu	NOUN
fbem-8288	56	2	zijing	zije	VERB
fbem-8288	56	3	theoretically	theoretically	ADV
fbem-8288	56	4	analyzed	analyze	VERB
fbem-8288	56	5	that	that	SCONJ
fbem-8288	56	6	exchange	exchange	NOUN
fbem-8288	56	7	rate	rate	NOUN
fbem-8288	56	8	changes	change	NOUN
fbem-8288	56	9	affect	affect	VERB
fbem-8288	56	10	the	the	DET
fbem-8288	56	11	purchasing	purchasing	NOUN
fbem-8288	56	12	power	power	NOUN
fbem-8288	56	13	and	and	CCONJ
fbem-8288	56	14	consumption	consumption	NOUN
fbem-8288	56	15	expenditure	expenditure	NOUN
fbem-8288	56	16	of	of	ADP
fbem-8288	56	17	residents	resident	NOUN
fbem-8288	56	18	by	by	ADP
fbem-8288	56	19	affecting	affect	VERB
fbem-8288	56	20	the	the	DET
fbem-8288	56	21	prices	price	NOUN
fbem-8288	56	22	of	of	ADP
fbem-8288	56	23	imported	import	VERB
fbem-8288	56	24	goods	good	NOUN
fbem-8288	56	25	and	and	CCONJ
fbem-8288	56	26	thus	thus	ADV
fbem-8288	56	27	.	.	PUNCT
fbem-8288	57	1	due	due	ADP
fbem-8288	57	2	to	to	ADP
fbem-8288	57	3	the	the	DET
fbem-8288	57	4	appreciation	appreciation	NOUN
fbem-8288	57	5	of	of	ADP
fbem-8288	57	6	the	the	DET
fbem-8288	57	7	local	local	ADJ
fbem-8288	57	8	currency	currency	NOUN
fbem-8288	57	9	,	,	PUNCT
fbem-8288	57	10	the	the	DET
fbem-8288	57	11	relative	relative	ADJ
fbem-8288	57	12	decrease	decrease	NOUN
fbem-8288	57	13	in	in	ADP
fbem-8288	57	14	the	the	DET
fbem-8288	57	15	prices	price	NOUN
fbem-8288	57	16	of	of	ADP
fbem-8288	57	17	imported	import	VERB
fbem-8288	57	18	goods	good	NOUN
fbem-8288	57	19	makes	make	VERB
fbem-8288	57	20	the	the	DET
fbem-8288	57	21	purchasing	purchase	VERB
fbem-8288	57	22	power	power	NOUN
fbem-8288	57	23	of	of	ADP
fbem-8288	57	24	the	the	DET
fbem-8288	57	25	residents	resident	NOUN
fbem-8288	57	26	rise	rise	VERB
fbem-8288	57	27	,	,	PUNCT
fbem-8288	57	28	which	which	PRON
fbem-8288	57	29	promotes	promote	VERB
fbem-8288	57	30	consumption	consumption	NOUN
fbem-8288	57	31	and	and	CCONJ
fbem-8288	57	32	optimizes	optimize	VERB
fbem-8288	57	33	the	the	DET
fbem-8288	57	34	consumption	consumption	NOUN
fbem-8288	57	35	structure	structure	NOUN
fbem-8288	58	1	[	[	X
fbem-8288	58	2	15	15	NUM
fbem-8288	58	3	]	]	PUNCT
fbem-8288	58	4	.	.	PUNCT
fbem-8288	59	1	fan	fan	PROPN
fbem-8288	59	2	xia	xia	PROPN
fbem-8288	59	3	used	use	VERB
fbem-8288	59	4	granger	granger	PROPN
fbem-8288	59	5	causality	causality	PROPN
fbem-8288	59	6	test	test	NOUN
fbem-8288	59	7	to	to	PART
fbem-8288	59	8	find	find	VERB
fbem-8288	59	9	that	that	SCONJ
fbem-8288	59	10	the	the	DET
fbem-8288	59	11	price	price	NOUN
fbem-8288	59	12	channel	channel	NOUN
fbem-8288	59	13	is	be	AUX
fbem-8288	59	14	significantly	significantly	ADV
fbem-8288	59	15	present	present	ADJ
fbem-8288	59	16	(	(	PUNCT
fbem-8288	59	17	p	p	NOUN
fbem-8288	59	18	-	-	PUNCT
fbem-8288	59	19	value	value	NOUN
fbem-8288	59	20	for	for	ADP
fbem-8288	59	21	price	price	NOUN
fbem-8288	59	22	transmission	transmission	NOUN
fbem-8288	59	23	channel	channel	NOUN
fbem-8288	59	24	is	be	AUX
fbem-8288	59	25	0.001	0.001	NUM
fbem-8288	59	26	)	)	PUNCT
fbem-8288	59	27	and	and	CCONJ
fbem-8288	59	28	the	the	DET
fbem-8288	59	29	appreciation	appreciation	NOUN
fbem-8288	59	30	of	of	ADP
fbem-8288	59	31	rmb	rmb	PROPN
fbem-8288	59	32	exchange	exchange	NOUN
fbem-8288	59	33	rate	rate	NOUN
fbem-8288	59	34	promotes	promote	VERB
fbem-8288	59	35	consumption	consumption	NOUN
fbem-8288	59	36	,	,	PUNCT
fbem-8288	59	37	the	the	DET
fbem-8288	59	38	consumer	consumer	NOUN
fbem-8288	59	39	price	price	NOUN
fbem-8288	59	40	index	index	NOUN
fbem-8288	59	41	decreases	decrease	VERB
fbem-8288	59	42	,	,	PUNCT
fbem-8288	59	43	and	and	CCONJ
fbem-8288	59	44	the	the	DET
fbem-8288	59	45	impact	impact	NOUN
fbem-8288	59	46	on	on	ADP
fbem-8288	59	47	consumption	consumption	NOUN
fbem-8288	59	48	structure	structure	NOUN
fbem-8288	59	49	is	be	AUX
fbem-8288	59	50	positive	positive	ADJ
fbem-8288	59	51	[	[	X
fbem-8288	59	52	17	17	NUM
fbem-8288	59	53	]	]	PUNCT
fbem-8288	59	54	.	.	PUNCT
fbem-8288	60	1	however	however	ADV
fbem-8288	60	2	,	,	PUNCT
fbem-8288	60	3	gu	gu	NOUN
fbem-8288	60	4	ning	ning	NOUN
fbem-8288	60	5	and	and	CCONJ
fbem-8288	60	6	zhu	zhu	PROPN
fbem-8288	60	7	jiaqi	jiaqi	PROPN
fbem-8288	60	8	came	come	VERB
fbem-8288	60	9	to	to	ADP
fbem-8288	60	10	the	the	DET
fbem-8288	60	11	conclusion	conclusion	NOUN
fbem-8288	60	12	by	by	ADP
fbem-8288	60	13	charting	chart	VERB
fbem-8288	60	14	the	the	DET
fbem-8288	60	15	consumer	consumer	NOUN
fbem-8288	60	16	price	price	NOUN
fbem-8288	60	17	reaction	reaction	NOUN
fbem-8288	60	18	that	that	SCONJ
fbem-8288	60	19	the	the	DET
fbem-8288	60	20	appreciation	appreciation	NOUN
fbem-8288	60	21	of	of	ADP
fbem-8288	60	22	the	the	DET
fbem-8288	60	23	local	local	ADJ
fbem-8288	60	24	currency	currency	NOUN
fbem-8288	60	25	leads	lead	VERB
fbem-8288	60	26	the	the	DET
fbem-8288	60	27	consumer	consumer	NOUN
fbem-8288	60	28	price	price	NOUN
fbem-8288	60	29	index	index	NOUN
fbem-8288	60	30	to	to	PART
fbem-8288	60	31	briefly	briefly	ADV
fbem-8288	60	32	decline	decline	VERB
fbem-8288	60	33	before	before	ADP
fbem-8288	60	34	weakening	weaken	VERB
fbem-8288	60	35	and	and	CCONJ
fbem-8288	60	36	eventually	eventually	ADV
fbem-8288	60	37	changing	change	VERB
fbem-8288	60	38	into	into	ADP
fbem-8288	60	39	a	a	DET
fbem-8288	60	40	positive	positive	ADJ
fbem-8288	60	41	effect	effect	NOUN
fbem-8288	60	42	.	.	PUNCT
fbem-8288	61	1	however	however	ADV
fbem-8288	61	2	,	,	PUNCT
fbem-8288	61	3	based	base	VERB
fbem-8288	61	4	on	on	ADP
fbem-8288	61	5	actual	actual	ADJ
fbem-8288	61	6	facts	fact	NOUN
fbem-8288	61	7	under	under	ADP
fbem-8288	61	8	different	different	ADJ
fbem-8288	61	9	circumstances	circumstance	NOUN
fbem-8288	61	10	,	,	PUNCT
fbem-8288	61	11	an	an	DET
fbem-8288	61	12	increase	increase	NOUN
fbem-8288	61	13	in	in	ADP
fbem-8288	61	14	price	price	NOUN
fbem-8288	61	15	level	level	NOUN
fbem-8288	61	16	will	will	AUX
fbem-8288	61	17	restrict	restrict	VERB
fbem-8288	61	18	residents	resident	NOUN
fbem-8288	61	19	'	'	PART
fbem-8288	61	20	purchasing	purchasing	NOUN
fbem-8288	61	21	power	power	NOUN
fbem-8288	61	22	to	to	ADP
fbem-8288	61	23	some	some	DET
fbem-8288	61	24	extent	extent	NOUN
fbem-8288	61	25	,	,	PUNCT
fbem-8288	61	26	lower	lower	VERB
fbem-8288	61	27	their	their	PRON
fbem-8288	61	28	consumption	consumption	NOUN
fbem-8288	61	29	spending	spending	NOUN
fbem-8288	61	30	,	,	PUNCT
fbem-8288	61	31	and	and	CCONJ
fbem-8288	61	32	degrade	degrade	VERB
fbem-8288	61	33	the	the	DET
fbem-8288	61	34	consumption	consumption	NOUN
fbem-8288	61	35	structure	structure	NOUN
fbem-8288	61	36	[	[	X
fbem-8288	61	37	16	16	NUM
fbem-8288	61	38	]	]	PUNCT
fbem-8288	61	39	.	.	PUNCT
fbem-8288	62	1	3.3	3.3	NUM
fbem-8288	62	2	.	.	PUNCT
fbem-8288	63	1	income	income	NOUN
fbem-8288	63	2	effect	effect	NOUN
fbem-8288	63	3	the	the	DET
fbem-8288	63	4	income	income	NOUN
fbem-8288	63	5	effect	effect	NOUN
fbem-8288	63	6	is	be	AUX
fbem-8288	63	7	the	the	DET
fbem-8288	63	8	change	change	NOUN
fbem-8288	63	9	in	in	ADP
fbem-8288	63	10	consumption	consumption	NOUN
fbem-8288	63	11	of	of	ADP
fbem-8288	63	12	a	a	DET
fbem-8288	63	13	good	good	ADJ
fbem-8288	63	14	btought	btought	NOUN
fbem-8288	63	15	on	on	ADP
fbem-8288	63	16	by	by	ADP
fbem-8288	63	17	a	a	DET
fbem-8288	63	18	change	change	NOUN
fbem-8288	63	19	in	in	ADP
fbem-8288	63	20	the	the	DET
fbem-8288	63	21	real	real	ADJ
fbem-8288	63	22	income	income	NOUN
fbem-8288	63	23	of	of	ADP
fbem-8288	63	24	the	the	DET
fbem-8288	63	25	consumer	consumer	NOUN
fbem-8288	63	26	,	,	PUNCT
fbem-8288	63	27	holding	hold	VERB
fbem-8288	63	28	constant	constant	ADJ
fbem-8288	63	29	the	the	DET
fbem-8288	63	30	nominal	nominal	ADJ
fbem-8288	63	31	price	price	NOUN
fbem-8288	63	32	and	and	CCONJ
fbem-8288	63	33	nominal	nominal	ADJ
fbem-8288	63	34	income	income	NOUN
fbem-8288	63	35	of	of	ADP
fbem-8288	63	36	all	all	DET
fbem-8288	63	37	other	other	ADJ
fbem-8288	63	38	goods	good	NOUN
fbem-8288	63	39	.	.	PUNCT
fbem-8288	64	1	gu	gu	NOUN
fbem-8288	64	2	ning	ning	PROPN
fbem-8288	64	3	and	and	CCONJ
fbem-8288	64	4	zhu	zhu	PROPN
fbem-8288	64	5	jiaqi	jiaqi	PROPN
fbem-8288	64	6	concluded	conclude	VERB
fbem-8288	64	7	by	by	ADP
fbem-8288	64	8	plotting	plot	VERB
fbem-8288	64	9	the	the	DET
fbem-8288	64	10	per	per	ADJ
fbem-8288	64	11	capita	capita	NOUN
fbem-8288	64	12	and	and	CCONJ
fbem-8288	64	13	disposable	disposable	ADJ
fbem-8288	64	14	income	income	NOUN
fbem-8288	64	15	response	response	NOUN
fbem-8288	64	16	that	that	PRON
fbem-8288	64	17	rmb	rmb	NOUN
fbem-8288	64	18	appreciation	appreciation	NOUN
fbem-8288	64	19	increases	increase	VERB
fbem-8288	64	20	the	the	DET
fbem-8288	64	21	income	income	NOUN
fbem-8288	64	22	of	of	ADP
fbem-8288	64	23	china	china	PROPN
fbem-8288	64	24	's	's	PART
fbem-8288	64	25	residents	resident	NOUN
fbem-8288	64	26	,	,	PUNCT
fbem-8288	64	27	and	and	CCONJ
fbem-8288	64	28	the	the	DET
fbem-8288	64	29	impact	impact	NOUN
fbem-8288	64	30	effect	effect	NOUN
fbem-8288	64	31	starts	start	VERB
fbem-8288	64	32	to	to	PART
fbem-8288	64	33	diminish	diminish	VERB
fbem-8288	64	34	year	year	NOUN
fbem-8288	64	35	by	by	ADP
fbem-8288	64	36	year	year	NOUN
fbem-8288	64	37	after	after	ADP
fbem-8288	64	38	the	the	DET
fbem-8288	64	39	second	second	ADJ
fbem-8288	64	40	year	year	NOUN
fbem-8288	64	41	.	.	PUNCT
fbem-8288	65	1	however	however	ADV
fbem-8288	65	2	,	,	PUNCT
fbem-8288	65	3	whether	whether	SCONJ
fbem-8288	65	4	the	the	DET
fbem-8288	65	5	consumption	consumption	NOUN
fbem-8288	65	6	structure	structure	NOUN
fbem-8288	65	7	can	can	AUX
fbem-8288	65	8	be	be	AUX
fbem-8288	65	9	optimized	optimize	VERB
fbem-8288	65	10	depends	depend	VERB
fbem-8288	65	11	on	on	ADP
fbem-8288	65	12	the	the	DET
fbem-8288	65	13	growth	growth	NOUN
fbem-8288	65	14	rate	rate	NOUN
fbem-8288	65	15	of	of	ADP
fbem-8288	65	16	per	per	ADP
fbem-8288	65	17	capita	capita	X
fbem-8288	65	18	income	income	NOUN
fbem-8288	65	19	and	and	CCONJ
fbem-8288	65	20	consumer	consumer	NOUN
fbem-8288	65	21	price	price	NOUN
fbem-8288	65	22	level	level	NOUN
fbem-8288	65	23	of	of	ADP
fbem-8288	65	24	residents	resident	NOUN
fbem-8288	65	25	[	[	X
fbem-8288	65	26	16	16	NUM
fbem-8288	65	27	]	]	PUNCT
fbem-8288	65	28	.	.	PUNCT
fbem-8288	66	1	gu	gu	NOUN
fbem-8288	66	2	zijing	zije	VERB
fbem-8288	66	3	analyzed	analyze	VERB
fbem-8288	66	4	from	from	ADP
fbem-8288	66	5	the	the	DET
fbem-8288	66	6	aspect	aspect	NOUN
fbem-8288	66	7	of	of	ADP
fbem-8288	66	8	monetary	monetary	ADJ
fbem-8288	66	9	wage	wage	NOUN
fbem-8288	66	10	mechanism	mechanism	NOUN
fbem-8288	66	11	,	,	PUNCT
fbem-8288	66	12	rmb	rmb	NOUN
fbem-8288	66	13	appreciation	appreciation	NOUN
fbem-8288	66	14	will	will	AUX
fbem-8288	66	15	make	make	VERB
fbem-8288	66	16	real	real	ADJ
fbem-8288	66	17	wages	wage	NOUN
fbem-8288	66	18	rise	rise	VERB
fbem-8288	66	19	.	.	PUNCT
fbem-8288	67	1	consumers	consumer	NOUN
fbem-8288	67	2	'	'	PART
fbem-8288	67	3	purchasing	purchasing	NOUN
fbem-8288	67	4	power	power	NOUN
fbem-8288	67	5	increases	increase	NOUN
fbem-8288	67	6	and	and	CCONJ
fbem-8288	67	7	will	will	AUX
fbem-8288	67	8	tend	tend	VERB
fbem-8288	67	9	to	to	PART
fbem-8288	67	10	buy	buy	VERB
fbem-8288	67	11	imported	import	VERB
fbem-8288	67	12	goods	good	NOUN
fbem-8288	67	13	with	with	ADP
fbem-8288	67	14	lower	low	ADJ
fbem-8288	67	15	prices	price	NOUN
fbem-8288	67	16	relative	relative	ADJ
fbem-8288	67	17	to	to	ADP
fbem-8288	67	18	domestic	domestic	ADJ
fbem-8288	67	19	goods	good	NOUN
fbem-8288	67	20	,	,	PUNCT
fbem-8288	67	21	and	and	CCONJ
fbem-8288	67	22	the	the	DET
fbem-8288	67	23	quality	quality	NOUN
fbem-8288	67	24	of	of	ADP
fbem-8288	67	25	consumption	consumption	NOUN
fbem-8288	67	26	is	be	AUX
fbem-8288	67	27	improved	improve	VERB
fbem-8288	67	28	[	[	X
fbem-8288	67	29	16	16	NUM
fbem-8288	67	30	]	]	PUNCT
fbem-8288	67	31	.	.	PUNCT
fbem-8288	68	1	fan	fan	PROPN
fbem-8288	68	2	xia	xia	PROPN
fbem-8288	68	3	designed	design	VERB
fbem-8288	68	4	a	a	DET
fbem-8288	68	5	pvar	pvar	NOUN
fbem-8288	68	6	model	model	NOUN
fbem-8288	68	7	whose	whose	DET
fbem-8288	68	8	parametric	parametric	ADJ
fbem-8288	68	9	results	result	NOUN
fbem-8288	68	10	indicated	indicate	VERB
fbem-8288	68	11	that	that	SCONJ
fbem-8288	68	12	rmb	rmb	NOUN
fbem-8288	68	13	appreciation	appreciation	NOUN
fbem-8288	68	14	raises	raise	VERB
fbem-8288	68	15	disposable	disposable	ADJ
fbem-8288	68	16	income	income	NOUN
fbem-8288	68	17	per	per	ADP
fbem-8288	68	18	capita	capita	NOUN
fbem-8288	68	19	,	,	PUNCT
fbem-8288	68	20	which	which	PRON
fbem-8288	68	21	is	be	AUX
fbem-8288	68	22	consistent	consistent	ADJ
fbem-8288	68	23	with	with	ADP
fbem-8288	68	24	the	the	DET
fbem-8288	68	25	theoretical	theoretical	ADJ
fbem-8288	68	26	analysis	analysis	NOUN
fbem-8288	68	27	that	that	PRON
fbem-8288	68	28	rmb	rmb	NOUN
fbem-8288	68	29	appreciation	appreciation	NOUN
fbem-8288	68	30	positively	positively	ADV
fbem-8288	68	31	affects	affect	VERB
fbem-8288	68	32	consumption	consumption	NOUN
fbem-8288	68	33	structure	structure	NOUN
fbem-8288	68	34	[	[	X
fbem-8288	68	35	17	17	NUM
fbem-8288	68	36	]	]	PUNCT
fbem-8288	68	37	.	.	PUNCT
fbem-8288	69	1	a	a	DET
fbem-8288	69	2	small	small	ADJ
fbem-8288	69	3	number	number	NOUN
fbem-8288	69	4	of	of	ADP
fbem-8288	69	5	scholars	scholar	NOUN
fbem-8288	69	6	hold	hold	VERB
fbem-8288	69	7	a	a	DET
fbem-8288	69	8	different	different	ADJ
fbem-8288	69	9	view	view	NOUN
fbem-8288	69	10	.	.	PUNCT
fbem-8288	70	1	li	li	PROPN
fbem-8288	70	2	ying	ying	PROPN
fbem-8288	70	3	and	and	CCONJ
fbem-8288	70	4	gao	gao	PROPN
fbem-8288	70	5	jiangang	jiangang	PROPN
fbem-8288	70	6	studied	study	VERB
fbem-8288	70	7	that	that	SCONJ
fbem-8288	70	8	income	income	NOUN
fbem-8288	70	9	distribution	distribution	NOUN
fbem-8288	70	10	was	be	AUX
fbem-8288	70	11	a	a	DET
fbem-8288	70	12	crucial	crucial	ADJ
fbem-8288	70	13	intermediary	intermediary	ADJ
fbem-8288	70	14	mechanism	mechanism	NOUN
fbem-8288	70	15	via	via	ADP
fbem-8288	70	16	which	which	PRON
fbem-8288	70	17	exchange	exchange	NOUN
fbem-8288	70	18	rate	rate	NOUN
fbem-8288	70	19	fluctuations	fluctuation	NOUN
fbem-8288	70	20	affected	affect	VERB
fbem-8288	70	21	locals	local	NOUN
fbem-8288	70	22	'	'	PART
fbem-8288	70	23	consumption	consumption	NOUN
fbem-8288	70	24	.	.	PUNCT
fbem-8288	71	1	they	they	PRON
fbem-8288	71	2	did	do	VERB
fbem-8288	71	3	this	this	PRON
fbem-8288	71	4	by	by	ADP
fbem-8288	71	5	creating	create	VERB
fbem-8288	71	6	a	a	DET
fbem-8288	71	7	neo	neo	ADJ
fbem-8288	71	8	-	-	ADJ
fbem-8288	71	9	kaleckian	kaleckian	ADJ
fbem-8288	71	10	model	model	NOUN
fbem-8288	71	11	of	of	ADP
fbem-8288	71	12	economic	economic	ADJ
fbem-8288	71	13	growth	growth	NOUN
fbem-8288	71	14	and	and	CCONJ
fbem-8288	71	15	the	the	DET
fbem-8288	71	16	determination	determination	NOUN
fbem-8288	71	17	of	of	ADP
fbem-8288	71	18	income	income	NOUN
fbem-8288	71	19	distribution	distribution	NOUN
fbem-8288	71	20	.	.	PUNCT
fbem-8288	72	1	further	far	ADV
fbem-8288	72	2	they	they	PRON
fbem-8288	72	3	concluded	conclude	VERB
fbem-8288	72	4	that	that	SCONJ
fbem-8288	72	5	rmb	rmb	NOUN
fbem-8288	72	6	appreciation	appreciation	NOUN
fbem-8288	72	7	can	can	AUX
fbem-8288	72	8	promote	promote	VERB
fbem-8288	72	9	consumption	consumption	NOUN
fbem-8288	72	10	but	but	CCONJ
fbem-8288	72	11	is	be	AUX
fbem-8288	72	12	not	not	PART
fbem-8288	72	13	conducive	conducive	ADJ
fbem-8288	72	14	to	to	ADP
fbem-8288	72	15	the	the	DET
fbem-8288	72	16	upgrading	upgrading	NOUN
fbem-8288	72	17	of	of	ADP
fbem-8288	72	18	consumption	consumption	NOUN
fbem-8288	72	19	structure	structure	NOUN
fbem-8288	72	20	through	through	ADP
fbem-8288	72	21	sobel	sobel	NOUN
fbem-8288	72	22	mediating	mediate	VERB
fbem-8288	72	23	effect	effect	NOUN
fbem-8288	72	24	test	test	NOUN
fbem-8288	72	25	[	[	X
fbem-8288	72	26	18	18	NUM
fbem-8288	72	27	]	]	PUNCT
fbem-8288	72	28	.	.	PUNCT
fbem-8288	73	1	some	some	DET
fbem-8288	73	2	other	other	ADJ
fbem-8288	73	3	scholars	scholar	NOUN
fbem-8288	73	4	have	have	AUX
fbem-8288	73	5	conducted	conduct	VERB
fbem-8288	73	6	studies	study	NOUN
fbem-8288	73	7	from	from	ADP
fbem-8288	73	8	the	the	DET
fbem-8288	73	9	perspective	perspective	NOUN
fbem-8288	73	10	of	of	ADP
fbem-8288	73	11	marketable	marketable	ADJ
fbem-8288	73	12	and	and	CCONJ
fbem-8288	73	13	non	non	ADJ
fbem-8288	73	14	-	-	ADJ
fbem-8288	73	15	tradable	tradable	ADJ
fbem-8288	73	16	products	product	NOUN
fbem-8288	73	17	.	.	PUNCT
fbem-8288	74	1	chen	chen	PROPN
fbem-8288	74	2	min	min	PROPN
fbem-8288	74	3	and	and	CCONJ
fbem-8288	74	4	chen	chen	PROPN
fbem-8288	74	5	bin	bin	PROPN
fbem-8288	74	6	argued	argue	VERB
fbem-8288	74	7	that	that	SCONJ
fbem-8288	74	8	domestic	domestic	ADJ
fbem-8288	74	9	currency	currency	NOUN
fbem-8288	74	10	appreciation	appreciation	NOUN
fbem-8288	74	11	raises	raise	VERB
fbem-8288	74	12	the	the	DET
fbem-8288	74	13	price	price	NOUN
fbem-8288	74	14	of	of	ADP
fbem-8288	74	15	domestically	domestically	ADV
fbem-8288	74	16	produced	produce	VERB
fbem-8288	74	17	traded	trade	VERB
fbem-8288	74	18	goods	good	NOUN
fbem-8288	74	19	relative	relative	ADJ
fbem-8288	74	20	to	to	ADP
fbem-8288	74	21	imported	import	VERB
fbem-8288	74	22	commodities	commodity	NOUN
fbem-8288	74	23	,	,	PUNCT
fbem-8288	74	24	increasing	increase	VERB
fbem-8288	74	25	domestic	domestic	ADJ
fbem-8288	74	26	demand	demand	NOUN
fbem-8288	74	27	for	for	ADP
fbem-8288	74	28	imported	import	VERB
fbem-8288	74	29	goods	good	NOUN
fbem-8288	74	30	[	[	X
fbem-8288	74	31	19	19	NUM
fbem-8288	74	32	]	]	PUNCT
fbem-8288	74	33	.	.	PUNCT
fbem-8288	75	1	wang	wang	PROPN
fbem-8288	75	2	qian	qian	PROPN
fbem-8288	75	3	,	,	PUNCT
fbem-8288	75	4	huang	huang	PROPN
fbem-8288	75	5	rui	rui	PROPN
fbem-8288	75	6	,	,	PUNCT
fbem-8288	75	7	and	and	CCONJ
fbem-8288	75	8	feng	feng	PROPN
fbem-8288	75	9	xiaochu	xiaochu	PROPN
fbem-8288	75	10	constructed	construct	VERB
fbem-8288	75	11	a	a	DET
fbem-8288	75	12	mathematical	mathematical	ADJ
fbem-8288	75	13	model	model	NOUN
fbem-8288	75	14	of	of	ADP
fbem-8288	75	15	exchange	exchange	NOUN
fbem-8288	75	16	rate	rate	NOUN
fbem-8288	75	17	influence	influence	NOUN
fbem-8288	75	18	on	on	ADP
fbem-8288	75	19	consumption	consumption	NOUN
fbem-8288	75	20	structure	structure	NOUN
fbem-8288	75	21	based	base	VERB
fbem-8288	75	22	on	on	ADP
fbem-8288	75	23	the	the	DET
fbem-8288	75	24	"	"	PUNCT
fbem-8288	75	25	balassa	balassa	NOUN
fbem-8288	75	26	-	-	PUNCT
fbem-8288	75	27	samuelson	samuelson	NOUN
fbem-8288	75	28	"	"	PUNCT
fbem-8288	75	29	effect	effect	NOUN
fbem-8288	75	30	,	,	PUNCT
fbem-8288	75	31	and	and	CCONJ
fbem-8288	75	32	conducted	conduct	VERB
fbem-8288	75	33	an	an	DET
fbem-8288	75	34	empirical	empirical	ADJ
fbem-8288	75	35	test	test	NOUN
fbem-8288	75	36	to	to	PART
fbem-8288	75	37	find	find	VERB
fbem-8288	75	38	that	that	SCONJ
fbem-8288	75	39	the	the	DET
fbem-8288	75	40	consumption	consumption	NOUN
fbem-8288	75	41	of	of	ADP
fbem-8288	75	42	tradable	tradable	ADJ
fbem-8288	75	43	products	product	NOUN
fbem-8288	75	44	rises	rise	VERB
fbem-8288	75	45	as	as	ADP
fbem-8288	75	46	the	the	DET
fbem-8288	75	47	rmb	rmb	PROPN
fbem-8288	75	48	exchange	exchange	NOUN
fbem-8288	75	49	rate	rate	NOUN
fbem-8288	75	50	rises	rise	NOUN
fbem-8288	75	51	,	,	PUNCT
fbem-8288	75	52	while	while	SCONJ
fbem-8288	75	53	the	the	DET
fbem-8288	75	54	consumption	consumption	NOUN
fbem-8288	75	55	of	of	ADP
fbem-8288	75	56	nontradable	nontradable	ADJ
fbem-8288	75	57	goods	good	NOUN
fbem-8288	75	58	declines	decline	VERB
fbem-8288	75	59	.	.	PUNCT
fbem-8288	76	1	4	4	X
fbem-8288	76	2	.	.	X
fbem-8288	76	3	conclusions	conclusion	NOUN
fbem-8288	76	4	the	the	DET
fbem-8288	76	5	foreign	foreign	ADJ
fbem-8288	76	6	studies	study	NOUN
fbem-8288	76	7	examine	examine	VERB
fbem-8288	76	8	the	the	DET
fbem-8288	76	9	relationship	relationship	NOUN
fbem-8288	76	10	between	between	ADP
fbem-8288	76	11	the	the	DET
fbem-8288	76	12	real	real	ADJ
fbem-8288	76	13	exchange	exchange	NOUN
fbem-8288	76	14	rate	rate	NOUN
fbem-8288	76	15	and	and	CCONJ
fbem-8288	76	16	relative	relative	ADJ
fbem-8288	76	17	consumption	consumption	NOUN
fbem-8288	76	18	growth	growth	NOUN
fbem-8288	76	19	,	,	PUNCT
fbem-8288	76	20	as	as	ADV
fbem-8288	76	21	well	well	ADV
fbem-8288	76	22	as	as	ADP
fbem-8288	76	23	the	the	DET
fbem-8288	76	24	causes	cause	NOUN
fbem-8288	76	25	of	of	ADP
fbem-8288	76	26	inconsistencies	inconsistency	NOUN
fbem-8288	76	27	between	between	ADP
fbem-8288	76	28	theoretical	theoretical	ADJ
fbem-8288	76	29	and	and	CCONJ
fbem-8288	76	30	empirical	empirical	ADJ
fbem-8288	76	31	test	test	NOUN
fbem-8288	76	32	results	result	NOUN
fbem-8288	76	33	.	.	PUNCT
fbem-8288	77	1	it	it	PRON
fbem-8288	77	2	is	be	AUX
fbem-8288	77	3	useful	useful	ADJ
fbem-8288	77	4	to	to	PART
fbem-8288	77	5	further	far	ADV
fbem-8288	77	6	study	study	VERB
fbem-8288	77	7	the	the	DET
fbem-8288	77	8	connection	connection	NOUN
fbem-8288	77	9	between	between	ADP
fbem-8288	77	10	the	the	DET
fbem-8288	77	11	real	real	ADJ
fbem-8288	77	12	exchange	exchange	NOUN
fbem-8288	77	13	rate	rate	NOUN
fbem-8288	77	14	and	and	CCONJ
fbem-8288	77	15	consumption	consumption	NOUN
fbem-8288	77	16	structure	structure	NOUN
fbem-8288	77	17	.	.	PUNCT
fbem-8288	78	1	a	a	DET
fbem-8288	78	2	part	part	NOUN
fbem-8288	78	3	of	of	ADP
fbem-8288	78	4	the	the	DET
fbem-8288	78	5	domestic	domestic	ADJ
fbem-8288	78	6	research	research	NOUN
fbem-8288	78	7	has	have	AUX
fbem-8288	78	8	concentrated	concentrate	VERB
fbem-8288	78	9	on	on	ADP
fbem-8288	78	10	the	the	DET
fbem-8288	78	11	existence	existence	NOUN
fbem-8288	78	12	of	of	ADP
fbem-8288	78	13	the	the	DET
fbem-8288	78	14	"	"	PUNCT
fbem-8288	78	15	backus	backus	NOUN
fbem-8288	78	16	-	-	PUNCT
fbem-8288	78	17	smith	smith	PROPN
fbem-8288	78	18	puzzle	puzzle	NOUN
fbem-8288	78	19	"	"	PUNCT
fbem-8288	78	20	in	in	ADP
fbem-8288	78	21	china	china	PROPN
fbem-8288	78	22	.	.	PUNCT
fbem-8288	79	1	however	however	ADV
fbem-8288	79	2	,	,	PUNCT
fbem-8288	79	3	most	most	ADJ
fbem-8288	79	4	of	of	ADP
fbem-8288	79	5	the	the	DET
fbem-8288	79	6	scholars	scholar	NOUN
fbem-8288	79	7	mainly	mainly	ADV
fbem-8288	79	8	study	study	VERB
fbem-8288	79	9	the	the	DET
fbem-8288	79	10	transmission	transmission	NOUN
fbem-8288	79	11	mechanism	mechanism	NOUN
fbem-8288	79	12	of	of	ADP
fbem-8288	79	13	the	the	DET
fbem-8288	79	14	influence	influence	NOUN
fbem-8288	79	15	of	of	ADP
fbem-8288	79	16	exchange	exchange	NOUN
fbem-8288	79	17	rate	rate	NOUN
fbem-8288	79	18	fluctuations	fluctuation	NOUN
fbem-8288	79	19	on	on	ADP
fbem-8288	79	20	consumption	consumption	NOUN
fbem-8288	79	21	structure	structure	NOUN
fbem-8288	79	22	,	,	PUNCT
fbem-8288	79	23	and	and	CCONJ
fbem-8288	79	24	they	they	PRON
fbem-8288	79	25	have	have	AUX
fbem-8288	79	26	all	all	ADV
fbem-8288	79	27	explored	explore	VERB
fbem-8288	79	28	the	the	DET
fbem-8288	79	29	effects	effect	NOUN
fbem-8288	79	30	of	of	ADP
fbem-8288	79	31	wealth	wealth	NOUN
fbem-8288	79	32	effect	effect	NOUN
fbem-8288	79	33	,	,	PUNCT
fbem-8288	79	34	price	price	NOUN
fbem-8288	79	35	effect	effect	NOUN
fbem-8288	79	36	and	and	CCONJ
fbem-8288	79	37	income	income	NOUN
fbem-8288	79	38	effect	effect	NOUN
fbem-8288	79	39	,	,	PUNCT
fbem-8288	79	40	and	and	CCONJ
fbem-8288	79	41	the	the	DET
fbem-8288	79	42	research	research	NOUN
fbem-8288	79	43	findings	finding	VERB
fbem-8288	79	44	all	all	PRON
fbem-8288	79	45	prove	prove	VERB
fbem-8288	79	46	to	to	ADP
fbem-8288	79	47	some	some	DET
fbem-8288	79	48	extent	extent	NOUN
fbem-8288	79	49	that	that	SCONJ
fbem-8288	79	50	exchange	exchange	NOUN
fbem-8288	79	51	rate	rate	NOUN
fbem-8288	79	52	changes	change	NOUN
fbem-8288	79	53	will	will	AUX
fbem-8288	79	54	have	have	VERB
fbem-8288	79	55	an	an	DET
fbem-8288	79	56	impact	impact	NOUN
fbem-8288	79	57	on	on	ADP
fbem-8288	79	58	china	china	PROPN
fbem-8288	79	59	's	's	PART
fbem-8288	79	60	consumption	consumption	NOUN
fbem-8288	79	61	structure	structure	NOUN
fbem-8288	79	62	,	,	PUNCT
fbem-8288	79	63	but	but	CCONJ
fbem-8288	79	64	due	due	ADP
fbem-8288	79	65	to	to	ADP
fbem-8288	79	66	the	the	DET
fbem-8288	79	67	different	different	ADJ
fbem-8288	79	68	research	research	NOUN
fbem-8288	79	69	methods	method	NOUN
fbem-8288	79	70	,	,	PUNCT
fbem-8288	79	71	the	the	DET
fbem-8288	79	72	direction	direction	NOUN
fbem-8288	79	73	of	of	ADP
fbem-8288	79	74	the	the	DET
fbem-8288	79	75	impact	impact	NOUN
fbem-8288	79	76	has	have	AUX
fbem-8288	79	77	not	not	PART
fbem-8288	79	78	been	be	AUX
fbem-8288	79	79	able	able	ADJ
fbem-8288	79	80	to	to	PART
fbem-8288	79	81	get	get	VERB
fbem-8288	79	82	consistent	consistent	ADJ
fbem-8288	79	83	conclusions	conclusion	NOUN
fbem-8288	79	84	.	.	PUNCT
fbem-8288	80	1	the	the	DET
fbem-8288	80	2	subsequent	subsequent	ADJ
fbem-8288	80	3	studies	study	NOUN
fbem-8288	80	4	can	can	AUX
fbem-8288	80	5	further	far	ADV
fbem-8288	80	6	analyze	analyze	VERB
fbem-8288	80	7	the	the	DET
fbem-8288	80	8	reasons	reason	NOUN
fbem-8288	80	9	for	for	ADP
fbem-8288	80	10	the	the	DET
fbem-8288	80	11	inconsistent	inconsistent	ADJ
fbem-8288	80	12	findings	finding	NOUN
fbem-8288	80	13	,	,	PUNCT
fbem-8288	80	14	so	so	SCONJ
fbem-8288	80	15	that	that	SCONJ
fbem-8288	80	16	the	the	DET
fbem-8288	80	17	research	research	NOUN
fbem-8288	80	18	methods	method	NOUN
fbem-8288	80	19	and	and	CCONJ
fbem-8288	80	20	data	datum	NOUN
fbem-8288	80	21	selection	selection	NOUN
fbem-8288	80	22	can	can	AUX
fbem-8288	80	23	be	be	AUX
fbem-8288	80	24	improved	improve	VERB
fbem-8288	80	25	at	at	ADP
fbem-8288	80	26	this	this	DET
fbem-8288	80	27	stage	stage	NOUN
fbem-8288	80	28	.	.	PUNCT
fbem-8288	81	1	a	a	DET
fbem-8288	81	2	few	few	ADJ
fbem-8288	81	3	academics	academic	NOUN
fbem-8288	81	4	have	have	AUX
fbem-8288	81	5	also	also	ADV
fbem-8288	81	6	performed	perform	VERB
fbem-8288	81	7	research	research	NOUN
fbem-8288	81	8	on	on	ADP
fbem-8288	81	9	both	both	CCONJ
fbem-8288	81	10	tradeable	tradeable	ADJ
fbem-8288	81	11	and	and	CCONJ
fbem-8288	81	12	non	non	ADJ
fbem-8288	81	13	-	-	ADJ
fbem-8288	81	14	tradeable	tradeable	ADJ
fbem-8288	81	15	products	product	NOUN
fbem-8288	81	16	,	,	PUNCT
fbem-8288	81	17	confirming	confirm	VERB
fbem-8288	81	18	that	that	SCONJ
fbem-8288	81	19	exchange	exchange	NOUN
fbem-8288	81	20	rate	rate	NOUN
fbem-8288	81	21	appreciation	appreciation	NOUN
fbem-8288	81	22	has	have	VERB
fbem-8288	81	23	an	an	DET
fbem-8288	81	24	impact	impact	NOUN
fbem-8288	81	25	on	on	ADP
fbem-8288	81	26	their	their	PRON
fbem-8288	81	27	53	53	NUM
fbem-8288	81	28	consumption	consumption	NOUN
fbem-8288	81	29	,	,	PUNCT
fbem-8288	81	30	but	but	CCONJ
fbem-8288	81	31	not	not	PART
fbem-8288	81	32	further	far	ADV
fbem-8288	81	33	exploring	explore	VERB
fbem-8288	81	34	whether	whether	SCONJ
fbem-8288	81	35	it	it	PRON
fbem-8288	81	36	has	have	VERB
fbem-8288	81	37	an	an	DET
fbem-8288	81	38	impact	impact	NOUN
fbem-8288	81	39	on	on	ADP
fbem-8288	81	40	the	the	DET
fbem-8288	81	41	consumption	consumption	NOUN
fbem-8288	81	42	structure	structure	NOUN
fbem-8288	81	43	.	.	PUNCT
fbem-8288	82	1	references	reference	NOUN
fbem-8288	82	2	[	[	X
fbem-8288	82	3	1	1	X
fbem-8288	82	4	]	]	PUNCT
fbem-8288	82	5	david	david	PROPN
fbem-8288	82	6	k.	k.	PROPN
fbem-8288	82	7	backus	backus	PROPN
fbem-8288	82	8	&	&	CCONJ
fbem-8288	82	9	gregor	gregor	PROPN
fbem-8288	82	10	w.	w.	PROPN
fbem-8288	82	11	smith	smith	PROPN
fbem-8288	82	12	.	.	PUNCT
fbem-8288	83	1	(	(	PUNCT
fbem-8288	83	2	1993).consumption	1993).consumption	NUM
fbem-8288	83	3	and	and	CCONJ
fbem-8288	83	4	real	real	ADJ
fbem-8288	83	5	exchange	exchange	NOUN
fbem-8288	83	6	rates	rate	NOUN
fbem-8288	83	7	in	in	ADP
fbem-8288	83	8	dynamic	dynamic	ADJ
fbem-8288	83	9	economies	economy	NOUN
fbem-8288	83	10	with	with	ADP
fbem-8288	83	11	non	non	ADJ
fbem-8288	83	12	-	-	ADJ
fbem-8288	83	13	traded	traded	ADJ
fbem-8288	83	14	goods	good	NOUN
fbem-8288	83	15	.	.	PUNCT
fbem-8288	84	1	journal	journal	PROPN
fbem-8288	84	2	of	of	ADP
fbem-8288	84	3	international	international	PROPN
fbem-8288	84	4	economics(3	economics(3	PROPN
fbem-8288	84	5	-	-	PUNCT
fbem-8288	84	6	4	4	NUM
fbem-8288	84	7	)	)	PUNCT
fbem-8288	84	8	.	.	PUNCT
fbem-8288	85	1	doi:10.1016/0022	doi:10.1016/0022	NOUN
fbem-8288	85	2	-	-	PUNCT
fbem-8288	85	3	1996(93)90021	1996(93)90021	NUM
fbem-8288	85	4	-	-	PUNCT
fbem-8288	85	5	o.	o.	NOUN
fbem-8288	86	1	[	[	X
fbem-8288	86	2	2	2	X
fbem-8288	86	3	]	]	PUNCT
fbem-8288	86	4	corsetti	corsetti	PROPN
fbem-8288	86	5	,	,	PUNCT
fbem-8288	86	6	dedola	dedola	PROPN
fbem-8288	86	7	,	,	PUNCT
fbem-8288	86	8	l.	l.	PROPN
fbem-8288	86	9	,	,	PUNCT
fbem-8288	86	10	&	&	CCONJ
fbem-8288	86	11	leduc	leduc	PROPN
fbem-8288	86	12	,	,	PUNCT
fbem-8288	86	13	s.	s.	PROPN
fbem-8288	86	14	(	(	PUNCT
fbem-8288	86	15	2003	2003	NUM
fbem-8288	86	16	)	)	PUNCT
fbem-8288	86	17	.	.	PUNCT
fbem-8288	87	1	international	international	ADJ
fbem-8288	87	2	risksharing	risksharing	NOUN
fbem-8288	87	3	and	and	CCONJ
fbem-8288	87	4	the	the	DET
fbem-8288	87	5	transmission	transmission	NOUN
fbem-8288	87	6	of	of	ADP
fbem-8288	87	7	productivity	productivity	NOUN
fbem-8288	87	8	shocks	shock	NOUN
fbem-8288	87	9	.	.	PUNCT
fbem-8288	88	1	ideas	idea	NOUN
fbem-8288	88	2	working	work	VERB
fbem-8288	88	3	paper	paper	NOUN
fbem-8288	88	4	series	series	NOUN
fbem-8288	88	5	from	from	ADP
fbem-8288	88	6	repec	repec	NOUN
fbem-8288	88	7	.	.	PUNCT
fbem-8288	89	1	[	[	X
fbem-8288	89	2	3	3	NUM
fbem-8288	89	3	]	]	ADJ
fbem-8288	89	4	bahmani	bahmani	ADJ
fbem-8288	89	5	-	-	PUNCT
fbem-8288	89	6	oskooee	oskooee	ADJ
fbem-8288	89	7	,	,	PUNCT
fbem-8288	89	8	&	&	CCONJ
fbem-8288	89	9	hajilee	hajilee	PROPN
fbem-8288	89	10	,	,	PUNCT
fbem-8288	89	11	m.	m.	NOUN
fbem-8288	89	12	(	(	PUNCT
fbem-8288	89	13	2010	2010	NUM
fbem-8288	89	14	)	)	PUNCT
fbem-8288	89	15	.	.	PUNCT
fbem-8288	90	1	on	on	ADP
fbem-8288	90	2	the	the	DET
fbem-8288	90	3	relation	relation	NOUN
fbem-8288	90	4	between	between	ADP
fbem-8288	90	5	currency	currency	NOUN
fbem-8288	90	6	depreciation	depreciation	NOUN
fbem-8288	90	7	and	and	CCONJ
fbem-8288	90	8	domestic	domestic	ADJ
fbem-8288	90	9	investment	investment	NOUN
fbem-8288	90	10	.	.	PUNCT
fbem-8288	91	1	journal	journal	NOUN
fbem-8288	91	2	of	of	ADP
fbem-8288	91	3	post	post	PROPN
fbem-8288	91	4	keynesian	keynesian	ADJ
fbem-8288	91	5	economics	economic	NOUN
fbem-8288	91	6	,	,	PUNCT
fbem-8288	91	7	32(4	32(4	NUM
fbem-8288	91	8	)	)	PUNCT
fbem-8288	91	9	,	,	PUNCT
fbem-8288	91	10	645–660	645–660	NUM
fbem-8288	91	11	.	.	PUNCT
fbem-8288	91	12	https://doi.org/10.2753/pke0160-3477320409	https://doi.org/10.2753/pke0160-3477320409	VERB
fbem-8288	92	1	[	[	X
fbem-8288	92	2	4	4	NUM
fbem-8288	92	3	]	]	X
fbem-8288	92	4	selaive	selaive	NOUN
fbem-8288	92	5	,	,	PUNCT
fbem-8288	92	6	&	&	CCONJ
fbem-8288	92	7	tuesta	tuesta	PROPN
fbem-8288	92	8	,	,	PUNCT
fbem-8288	92	9	v.	v.	PROPN
fbem-8288	92	10	(	(	PUNCT
fbem-8288	92	11	2003	2003	NUM
fbem-8288	92	12	)	)	PUNCT
fbem-8288	92	13	.	.	PUNCT
fbem-8288	93	1	net	net	ADJ
fbem-8288	93	2	foreign	foreign	ADJ
fbem-8288	93	3	assets	asset	NOUN
fbem-8288	93	4	and	and	CCONJ
fbem-8288	93	5	imperfect	imperfect	ADJ
fbem-8288	93	6	pass	pass	NOUN
fbem-8288	93	7	-	-	PUNCT
fbem-8288	93	8	through	through	NOUN
fbem-8288	93	9	:	:	PUNCT
fbem-8288	93	10	the	the	DET
fbem-8288	93	11	consumption	consumption	NOUN
fbem-8288	93	12	real	real	ADJ
fbem-8288	93	13	exchange	exchange	NOUN
fbem-8288	93	14	rate	rate	NOUN
fbem-8288	93	15	anomaly	anomaly	NOUN
fbem-8288	93	16	.	.	PUNCT
fbem-8288	94	1	ideas	idea	NOUN
fbem-8288	94	2	working	work	VERB
fbem-8288	94	3	paper	paper	NOUN
fbem-8288	94	4	series	series	NOUN
fbem-8288	94	5	from	from	ADP
fbem-8288	94	6	repec	repec	NOUN
fbem-8288	94	7	.	.	PUNCT
fbem-8288	95	1	[	[	X
fbem-8288	95	2	5	5	NUM
fbem-8288	95	3	]	]	X
fbem-8288	95	4	kollmann	kollmann	X
fbem-8288	95	5	.	.	PUNCT
fbem-8288	96	1	(	(	PUNCT
fbem-8288	96	2	1995	1995	NUM
fbem-8288	96	3	)	)	PUNCT
fbem-8288	96	4	.	.	PUNCT
fbem-8288	97	1	consumption	consumption	NOUN
fbem-8288	97	2	,	,	PUNCT
fbem-8288	97	3	real	real	ADJ
fbem-8288	97	4	exchange	exchange	NOUN
fbem-8288	97	5	rates	rate	NOUN
fbem-8288	97	6	and	and	CCONJ
fbem-8288	97	7	the	the	DET
fbem-8288	97	8	structure	structure	NOUN
fbem-8288	97	9	of	of	ADP
fbem-8288	97	10	international	international	ADJ
fbem-8288	97	11	asset	asset	NOUN
fbem-8288	97	12	markets	market	NOUN
fbem-8288	97	13	.	.	PUNCT
fbem-8288	98	1	journal	journal	NOUN
fbem-8288	98	2	of	of	ADP
fbem-8288	98	3	international	international	ADJ
fbem-8288	98	4	money	money	NOUN
fbem-8288	98	5	and	and	CCONJ
fbem-8288	98	6	finance	finance	NOUN
fbem-8288	98	7	,	,	PUNCT
fbem-8288	98	8	14(2	14(2	NUM
fbem-8288	98	9	)	)	PUNCT
fbem-8288	98	10	,	,	PUNCT
fbem-8288	98	11	191–211	191–211	NUM
fbem-8288	98	12	.	.	PUNCT
fbem-8288	99	1	https://doi.org/10.1016/0261-5606(94)00011-o	https://doi.org/10.1016/0261-5606(94)00011-o	NOUN
fbem-8288	100	1	[	[	X
fbem-8288	100	2	6	6	NUM
fbem-8288	100	3	]	]	PUNCT
fbem-8288	100	4	ravn	ravn	NOUN
fbem-8288	100	5	.	.	PUNCT
fbem-8288	101	1	(	(	PUNCT
fbem-8288	101	2	2001	2001	NUM
fbem-8288	101	3	)	)	PUNCT
fbem-8288	101	4	.	.	PUNCT
fbem-8288	102	1	consumption	consumption	NOUN
fbem-8288	102	2	dynamics	dynamic	NOUN
fbem-8288	102	3	and	and	CCONJ
fbem-8288	102	4	real	real	ADJ
fbem-8288	102	5	exchange	exchange	NOUN
fbem-8288	102	6	rate	rate	NOUN
fbem-8288	102	7	.	.	PUNCT
fbem-8288	103	1	ideas	idea	NOUN
fbem-8288	103	2	working	work	VERB
fbem-8288	103	3	paper	paper	NOUN
fbem-8288	103	4	series	series	NOUN
fbem-8288	103	5	from	from	ADP
fbem-8288	103	6	repec	repec	NOUN
fbem-8288	103	7	.	.	PUNCT
fbem-8288	104	1	[	[	X
fbem-8288	104	2	7	7	NUM
fbem-8288	104	3	]	]	X
fbem-8288	104	4	hess	hess	NOUN
fbem-8288	104	5	,	,	PUNCT
fbem-8288	104	6	&	&	CCONJ
fbem-8288	104	7	shin	shin	PROPN
fbem-8288	104	8	,	,	PUNCT
fbem-8288	104	9	k.	k.	PROPN
fbem-8288	104	10	(	(	PUNCT
fbem-8288	104	11	2010	2010	NUM
fbem-8288	104	12	)	)	PUNCT
fbem-8288	104	13	.	.	PUNCT
fbem-8288	105	1	understanding	understand	VERB
fbem-8288	105	2	the	the	DET
fbem-8288	105	3	backus	backus	NOUN
fbem-8288	105	4	–	–	PUNCT
fbem-8288	105	5	smith	smith	PROPN
fbem-8288	105	6	puzzle	puzzle	NOUN
fbem-8288	105	7	:	:	PUNCT
fbem-8288	105	8	it	it	PRON
fbem-8288	105	9	’s	’	VERB
fbem-8288	105	10	the	the	DET
fbem-8288	105	11	(	(	PUNCT
fbem-8288	105	12	nominal	nominal	ADJ
fbem-8288	105	13	)	)	PUNCT
fbem-8288	105	14	exchange	exchange	NOUN
fbem-8288	105	15	rate	rate	NOUN
fbem-8288	105	16	,	,	PUNCT
fbem-8288	105	17	stupid	stupid	ADJ
fbem-8288	105	18	.	.	PUNCT
fbem-8288	106	1	journal	journal	PROPN
fbem-8288	106	2	of	of	ADP
fbem-8288	106	3	international	international	ADJ
fbem-8288	106	4	money	money	NOUN
fbem-8288	106	5	and	and	CCONJ
fbem-8288	106	6	finance	finance	NOUN
fbem-8288	106	7	,	,	PUNCT
fbem-8288	106	8	29(1	29(1	NUM
fbem-8288	106	9	)	)	PUNCT
fbem-8288	106	10	,	,	PUNCT
fbem-8288	106	11	169–180	169–180	NUM
fbem-8288	106	12	.	.	PUNCT
fbem-8288	107	1	https://doi.org/10.1016/j.jimonfin.2009.07.005	https://doi.org/10.1016/j.jimonfin.2009.07.005	NOUN
fbem-8288	107	2	[	[	X
fbem-8288	107	3	8	8	NUM
fbem-8288	107	4	]	]	X
fbem-8288	107	5	hadzi	hadzi	NOUN
fbem-8288	107	6	-	-	PUNCT
fbem-8288	107	7	vaskov	vaskov	PROPN
fbem-8288	107	8	.	.	PUNCT
fbem-8288	108	1	(	(	PUNCT
fbem-8288	108	2	2007	2007	NUM
fbem-8288	108	3	)	)	PUNCT
fbem-8288	108	4	.	.	PUNCT
fbem-8288	109	1	does	do	AUX
fbem-8288	109	2	the	the	DET
fbem-8288	109	3	nominal	nominal	ADJ
fbem-8288	109	4	exchange	exchange	NOUN
fbem-8288	109	5	rate	rate	NOUN
fbem-8288	109	6	explain	explain	VERB
fbem-8288	109	7	the	the	DET
fbem-8288	109	8	backus	backus	NOUN
fbem-8288	109	9	-	-	PUNCT
fbem-8288	109	10	smith	smith	PROPN
fbem-8288	109	11	puzzle	puzzle	NOUN
fbem-8288	109	12	?	?	PUNCT
fbem-8288	110	1	evidence	evidence	NOUN
fbem-8288	110	2	from	from	ADP
fbem-8288	110	3	the	the	DET
fbem-8288	110	4	eurozone	eurozone	NOUN
fbem-8288	110	5	.	.	PUNCT
fbem-8288	111	1	[	[	X
fbem-8288	111	2	9	9	NUM
fbem-8288	111	3	]	]	X
fbem-8288	111	4	chen	chen	PROPN
fbem-8288	111	5	.	.	PUNCT
fbem-8288	112	1	(	(	PUNCT
fbem-8288	112	2	2013	2013	NUM
fbem-8288	112	3	)	)	PUNCT
fbem-8288	112	4	.	.	PUNCT
fbem-8288	113	1	using	use	VERB
fbem-8288	113	2	demographic	demographic	ADJ
fbem-8288	113	3	changes	change	NOUN
fbem-8288	113	4	to	to	PART
fbem-8288	113	5	revisit	revisit	VERB
fbem-8288	113	6	the	the	DET
fbem-8288	113	7	consumption	consumption	NOUN
fbem-8288	113	8	-	-	PUNCT
fbem-8288	113	9	real	real	ADJ
fbem-8288	113	10	exchange	exchange	NOUN
fbem-8288	113	11	rate	rate	NOUN
fbem-8288	113	12	anomaly	anomaly	NOUN
fbem-8288	113	13	.	.	PUNCT
fbem-8288	114	1	the	the	DET
fbem-8288	114	2	manchester	manchester	PROPN
fbem-8288	114	3	school	school	PROPN
fbem-8288	114	4	,	,	PUNCT
fbem-8288	114	5	81(2	81(2	NUM
fbem-8288	114	6	)	)	PUNCT
fbem-8288	114	7	,	,	PUNCT
fbem-8288	114	8	163–175	163–175	NUM
fbem-8288	114	9	.	.	PUNCT
fbem-8288	115	1	https://doi.org/10.1111/j.1467-9957.2011.02275.x	https://doi.org/10.1111/j.1467-9957.2011.02275.x	NOUN
fbem-8288	116	1	[	[	X
fbem-8288	116	2	10	10	NUM
fbem-8288	116	3	]	]	X
fbem-8288	116	4	fu	fu	PROPN
fbem-8288	116	5	,	,	PUNCT
fbem-8288	116	6	zhang	zhang	PROPN
fbem-8288	116	7	-	-	PUNCT
fbem-8288	116	8	yan	yan	PROPN
fbem-8288	116	9	.	.	PUNCT
fbem-8288	117	1	(	(	PUNCT
fbem-8288	117	2	2009	2009	NUM
fbem-8288	117	3	)	)	PUNCT
fbem-8288	117	4	.	.	PUNCT
fbem-8288	118	1	productivity	productivity	NOUN
fbem-8288	118	2	,	,	PUNCT
fbem-8288	118	3	consumption	consumption	NOUN
fbem-8288	118	4	demand	demand	NOUN
fbem-8288	118	5	and	and	CCONJ
fbem-8288	118	6	the	the	DET
fbem-8288	118	7	determination	determination	NOUN
fbem-8288	118	8	of	of	ADP
fbem-8288	118	9	real	real	ADJ
fbem-8288	118	10	exchange	exchange	NOUN
fbem-8288	118	11	rate	rate	NOUN
fbem-8288	118	12	empirical	empirical	ADJ
fbem-8288	118	13	evidence	evidence	NOUN
fbem-8288	118	14	based	base	VERB
fbem-8288	118	15	on	on	ADP
fbem-8288	118	16	developing	develop	VERB
fbem-8288	118	17	countries	country	NOUN
fbem-8288	118	18	(	(	PUNCT
fbem-8288	118	19	or	or	CCONJ
fbem-8288	118	20	regions	region	NOUN
fbem-8288	118	21	)	)	PUNCT
fbem-8288	118	22	.	.	PUNCT
fbem-8288	119	1	economy	economy	NOUN
fbem-8288	119	2	forum	forum	PROPN
fbem-8288	119	3	(	(	PUNCT
fbem-8288	119	4	shijiazhuang	shijiazhuang	PROPN
fbem-8288	119	5	shi	shi	PROPN
fbem-8288	119	6	,	,	PUNCT
fbem-8288	119	7	china	china	PROPN
fbem-8288	119	8	)	)	PUNCT
fbem-8288	119	9	,	,	PUNCT
fbem-8288	119	10	7	7	NUM
fbem-8288	119	11	,	,	PUNCT
fbem-8288	119	12	4	4	NUM
fbem-8288	119	13	-	-	SYM
fbem-8288	119	14	8	8	NUM
fbem-8288	119	15	.	.	PUNCT
fbem-8288	119	16	https://doi.org/10.3969/j.issn.1003-3580.2009.07.001	https://doi.org/10.3969/j.issn.1003-3580.2009.07.001	PROPN
fbem-8288	120	1	[	[	X
fbem-8288	120	2	11	11	NUM
fbem-8288	120	3	]	]	X
fbem-8288	120	4	chen	chen	PROPN
fbem-8288	120	5	,	,	PUNCT
fbem-8288	120	6	k.	k.	PROPN
fbem-8288	120	7	&	&	CCONJ
fbem-8288	120	8	lu	lu	PROPN
fbem-8288	120	9	,	,	PUNCT
fbem-8288	120	10	j.	j.	PROPN
fbem-8288	120	11	(	(	PUNCT
fbem-8288	120	12	2008	2008	NUM
fbem-8288	120	13	)	)	PUNCT
fbem-8288	120	14	.	.	PUNCT
fbem-8288	121	1	(	(	PUNCT
fbem-8288	121	2	2008	2008	NUM
fbem-8288	121	3	)	)	PUNCT
fbem-8288	121	4	.	.	PUNCT
fbem-8288	122	1	analysis	analysis	NOUN
fbem-8288	122	2	of	of	ADP
fbem-8288	122	3	the	the	DET
fbem-8288	122	4	trend	trend	NOUN
fbem-8288	122	5	of	of	ADP
fbem-8288	122	6	the	the	DET
fbem-8288	122	7	real	real	ADJ
fbem-8288	122	8	exchange	exchange	NOUN
fbem-8288	122	9	rate	rate	NOUN
fbem-8288	122	10	movement	movement	NOUN
fbem-8288	122	11	of	of	ADP
fbem-8288	122	12	the	the	DET
fbem-8288	122	13	rmb	rmb	NOUN
fbem-8288	122	14	based	base	VERB
fbem-8288	122	15	on	on	ADP
fbem-8288	122	16	the	the	DET
fbem-8288	122	17	balassa	balassa	NOUN
fbem-8288	122	18	-	-	PUNCT
fbem-8288	122	19	samuelson	samuelson	NOUN
fbem-8288	122	20	effect	effect	NOUN
fbem-8288	122	21	.	.	PUNCT
fbem-8288	123	1	finance	finance	NOUN
fbem-8288	123	2	and	and	CCONJ
fbem-8288	123	3	economics	economic	NOUN
fbem-8288	123	4	science	science	NOUN
fbem-8288	123	5	(	(	PUNCT
fbem-8288	123	6	03	03	NUM
fbem-8288	123	7	)	)	PUNCT
fbem-8288	123	8	,	,	PUNCT
fbem-8288	123	9	30	30	NUM
fbem-8288	123	10	-	-	SYM
fbem-8288	123	11	36	36	NUM
fbem-8288	123	12	.	.	PUNCT
fbem-8288	124	1	[	[	X
fbem-8288	124	2	12	12	NUM
fbem-8288	124	3	]	]	X
fbem-8288	124	4	zhou	zhou	PROPN
fbem-8288	124	5	yajun	yajun	PROPN
fbem-8288	124	6	.	.	PUNCT
fbem-8288	125	1	(	(	PUNCT
fbem-8288	125	2	2011	2011	NUM
fbem-8288	125	3	)	)	PUNCT
fbem-8288	125	4	.	.	PUNCT
fbem-8288	126	1	real	real	ADJ
fbem-8288	126	2	exchange	exchange	NOUN
fbem-8288	126	3	rate	rate	NOUN
fbem-8288	126	4	,	,	PUNCT
fbem-8288	126	5	inflation	inflation	NOUN
fbem-8288	126	6	and	and	CCONJ
fbem-8288	126	7	the	the	DET
fbem-8288	126	8	balassa	balassa	NOUN
fbem-8288	126	9	-	-	PUNCT
fbem-8288	126	10	samuelson	samuelson	NOUN
fbem-8288	126	11	effect	effect	NOUN
fbem-8288	126	12	hypothesis	hypothesis	NOUN
fbem-8288	126	13	an	an	DET
fbem-8288	126	14	empirical	empirical	ADJ
fbem-8288	126	15	test	test	NOUN
fbem-8288	126	16	based	base	VERB
fbem-8288	126	17	on	on	ADP
fbem-8288	126	18	inter	inter	ADJ
fbem-8288	126	19	-	-	ADJ
fbem-8288	126	20	provincial	provincial	ADJ
fbem-8288	126	21	panel	panel	NOUN
fbem-8288	126	22	data	datum	NOUN
fbem-8288	126	23	in	in	ADP
fbem-8288	126	24	china	china	PROPN
fbem-8288	126	25	.	.	PUNCT
fbem-8288	127	1	the	the	DET
fbem-8288	127	2	theory	theory	NOUN
fbem-8288	127	3	and	and	CCONJ
fbem-8288	127	4	practice	practice	NOUN
fbem-8288	127	5	of	of	ADP
fbem-8288	127	6	finance	finance	NOUN
fbem-8288	127	7	and	and	CCONJ
fbem-8288	127	8	economics	economic	NOUN
fbem-8288	127	9	(	(	PUNCT
fbem-8288	127	10	02	02	NUM
fbem-8288	127	11	)	)	PUNCT
fbem-8288	127	12	,	,	PUNCT
fbem-8288	127	13	8	8	NUM
fbem-8288	127	14	-	-	SYM
fbem-8288	127	15	12	12	NUM
fbem-8288	127	16	.	.	PUNCT
fbem-8288	128	1	[	[	X
fbem-8288	128	2	13	13	NUM
fbem-8288	128	3	]	]	X
fbem-8288	128	4	duan	duan	PROPN
fbem-8288	128	5	junshan	junshan	PROPN
fbem-8288	128	6	,	,	PUNCT
fbem-8288	128	7	mao	mao	X
fbem-8288	128	8	zhonggen	zhonggen	PROPN
fbem-8288	128	9	.	.	PUNCT
fbem-8288	129	1	(	(	PUNCT
fbem-8288	129	2	2011	2011	NUM
fbem-8288	129	3	)	)	PUNCT
fbem-8288	129	4	.	.	PUNCT
fbem-8288	130	1	is	be	AUX
fbem-8288	130	2	there	there	PRON
fbem-8288	130	3	a	a	DET
fbem-8288	130	4	b	b	X
fbem-8288	130	5	-	-	PUNCT
fbem-8288	130	6	s	s	NOUN
fbem-8288	130	7	conundrum	conundrum	NOUN
fbem-8288	130	8	in	in	ADP
fbem-8288	130	9	china	china	PROPN
fbem-8288	130	10	?	?	PUNCT
fbem-8288	131	1	finance	finance	NOUN
fbem-8288	131	2	and	and	CCONJ
fbem-8288	131	3	trade	trade	NOUN
fbem-8288	131	4	research	research	NOUN
fbem-8288	131	5	(	(	PUNCT
fbem-8288	131	6	04	04	NUM
fbem-8288	131	7	)	)	PUNCT
fbem-8288	131	8	,	,	PUNCT
fbem-8288	131	9	86	86	NUM
fbem-8288	131	10	-	-	SYM
fbem-8288	131	11	92	92	NUM
fbem-8288	131	12	.	.	PUNCT
fbem-8288	132	1	[	[	X
fbem-8288	132	2	14	14	NUM
fbem-8288	132	3	]	]	X
fbem-8288	132	4	yuan	yuan	NOUN
fbem-8288	132	5	,	,	PUNCT
fbem-8288	132	6	z.	z.	PROPN
fbem-8288	132	7	g.	g.	PROPN
fbem-8288	132	8	,	,	PUNCT
fbem-8288	132	9	xia	xia	PROPN
fbem-8288	132	10	,	,	PUNCT
fbem-8288	132	11	l.	l.	PROPN
fbem-8288	132	12	f.	f.	PROPN
fbem-8288	132	13	,	,	PUNCT
fbem-8288	132	14	&	&	CCONJ
fbem-8288	132	15	fan	fan	PROPN
fbem-8288	132	16	,	,	PUNCT
fbem-8288	132	17	x.	x.	NOUN
fbem-8288	132	18	y	y	PROPN
fbem-8288	132	19	..	..	PUNCT
fbem-8288	132	20	(	(	PUNCT
fbem-8288	132	21	2009	2009	NUM
fbem-8288	132	22	)	)	PUNCT
fbem-8288	132	23	.	.	PUNCT
fbem-8288	133	1	an	an	DET
fbem-8288	133	2	analysis	analysis	NOUN
fbem-8288	133	3	of	of	ADP
fbem-8288	133	4	the	the	DET
fbem-8288	133	5	changing	change	VERB
fbem-8288	133	6	consumption	consumption	NOUN
fbem-8288	133	7	structure	structure	NOUN
fbem-8288	133	8	of	of	ADP
fbem-8288	133	9	chinese	chinese	ADJ
fbem-8288	133	10	urban	urban	ADJ
fbem-8288	133	11	residents	resident	NOUN
fbem-8288	133	12	and	and	CCONJ
fbem-8288	133	13	its	its	PRON
fbem-8288	133	14	causes	cause	NOUN
fbem-8288	133	15	.	.	PUNCT
fbem-8288	134	1	world	world	NOUN
fbem-8288	134	2	economic	economic	ADJ
fbem-8288	134	3	papers	paper	NOUN
fbem-8288	134	4	,	,	PUNCT
fbem-8288	134	5	4	4	NUM
fbem-8288	134	6	,	,	PUNCT
fbem-8288	134	7	13	13	NUM
fbem-8288	134	8	-	-	SYM
fbem-8288	134	9	22	22	NUM
fbem-8288	134	10	.	.	PUNCT
fbem-8288	134	11	https://doi.org/10.3969/j.issn.0488-6364.2009.04.002	https://doi.org/10.3969/j.issn.0488-6364.2009.04.002	PUNCT
fbem-8288	135	1	[	[	X
fbem-8288	135	2	15	15	NUM
fbem-8288	135	3	]	]	X
fbem-8288	135	4	gu	gu	NOUN
fbem-8288	135	5	zijing	zijing	PROPN
fbem-8288	135	6	.	.	PUNCT
fbem-8288	136	1	(	(	PUNCT
fbem-8288	136	2	2018	2018	NUM
fbem-8288	136	3	)	)	PUNCT
fbem-8288	136	4	.	.	PUNCT
fbem-8288	137	1	the	the	DET
fbem-8288	137	2	impact	impact	NOUN
fbem-8288	137	3	of	of	ADP
fbem-8288	137	4	rmb	rmb	PROPN
fbem-8288	137	5	exchange	exchange	NOUN
fbem-8288	137	6	rate	rate	NOUN
fbem-8288	137	7	changes	change	NOUN
fbem-8288	137	8	on	on	ADP
fbem-8288	137	9	residents	resident	NOUN
fbem-8288	137	10	'	'	PART
fbem-8288	137	11	consumption	consumption	NOUN
fbem-8288	137	12	structure	structure	NOUN
fbem-8288	137	13	.	.	PUNCT
fbem-8288	138	1	the	the	DET
fbem-8288	138	2	fortune	fortune	NOUN
fbem-8288	138	3	times(06),17	times(06),17	PROPN
fbem-8288	138	4	.	.	PUNCT
fbem-8288	139	1	[	[	X
fbem-8288	139	2	16	16	NUM
fbem-8288	139	3	]	]	X
fbem-8288	139	4	gu	gu	X
fbem-8288	139	5	ning	ning	PROPN
fbem-8288	139	6	&	&	CCONJ
fbem-8288	139	7	zhu	zhu	PROPN
fbem-8288	139	8	jiaqi	jiaqi	PROPN
fbem-8288	139	9	.	.	PUNCT
fbem-8288	140	1	(	(	PUNCT
fbem-8288	140	2	2016	2016	NUM
fbem-8288	140	3	)	)	PUNCT
fbem-8288	140	4	.	.	PUNCT
fbem-8288	141	1	research	research	NOUN
fbem-8288	141	2	on	on	ADP
fbem-8288	141	3	the	the	DET
fbem-8288	141	4	impact	impact	NOUN
fbem-8288	141	5	of	of	ADP
fbem-8288	141	6	rmb	rmb	PROPN
fbem-8288	141	7	exchange	exchange	NOUN
fbem-8288	141	8	rate	rate	NOUN
fbem-8288	141	9	on	on	ADP
fbem-8288	141	10	china	china	PROPN
fbem-8288	141	11	's	's	PART
fbem-8288	141	12	consumption	consumption	NOUN
fbem-8288	141	13	structure	structure	NOUN
fbem-8288	141	14	.	.	PUNCT
fbem-8288	142	1	hunan	hunan	PROPN
fbem-8288	142	2	social	social	PROPN
fbem-8288	142	3	science	science	NOUN
fbem-8288	142	4	(	(	PUNCT
fbem-8288	142	5	01),154	01),154	NOUN
fbem-8288	142	6	-	-	SYM
fbem-8288	142	7	159	159	NUM
fbem-8288	142	8	.	.	PUNCT
fbem-8288	143	1	[	[	X
fbem-8288	143	2	17	17	NUM
fbem-8288	143	3	]	]	X
fbem-8288	143	4	fan	fan	NOUN
fbem-8288	143	5	xia	xia	PROPN
fbem-8288	143	6	.	.	PUNCT
fbem-8288	144	1	(	(	PUNCT
fbem-8288	144	2	2021	2021	NUM
fbem-8288	144	3	)	)	PUNCT
fbem-8288	144	4	.	.	PUNCT
fbem-8288	145	1	the	the	DET
fbem-8288	145	2	impact	impact	NOUN
fbem-8288	145	3	of	of	ADP
fbem-8288	145	4	rmb	rmb	PROPN
fbem-8288	145	5	exchange	exchange	NOUN
fbem-8288	145	6	rate	rate	NOUN
fbem-8288	145	7	changes	change	NOUN
fbem-8288	145	8	on	on	ADP
fbem-8288	145	9	consumption	consumption	NOUN
fbem-8288	145	10	structure	structure	NOUN
fbem-8288	145	11	.	.	PUNCT
fbem-8288	146	1	business	business	NOUN
fbem-8288	146	2	culture	culture	NOUN
fbem-8288	146	3	(	(	PUNCT
fbem-8288	146	4	10),48	10),48	NUM
fbem-8288	146	5	-	-	SYM
fbem-8288	146	6	49	49	NUM
fbem-8288	146	7	.	.	PUNCT
fbem-8288	147	1	[	[	X
fbem-8288	147	2	18	18	NUM
fbem-8288	147	3	]	]	X
fbem-8288	147	4	li	li	PROPN
fbem-8288	147	5	ying	ying	PROPN
fbem-8288	147	6	&	&	CCONJ
fbem-8288	147	7	gao	gao	PROPN
fbem-8288	147	8	jiangang	jiangang	PROPN
fbem-8288	147	9	.	.	PUNCT
fbem-8288	148	1	(	(	PUNCT
fbem-8288	148	2	2016	2016	NUM
fbem-8288	148	3	)	)	PUNCT
fbem-8288	148	4	.	.	PUNCT
fbem-8288	149	1	rmb	rmb	PROPN
fbem-8288	149	2	exchange	exchange	NOUN
fbem-8288	149	3	rate	rate	NOUN
fbem-8288	149	4	changes	change	NOUN
fbem-8288	149	5	,	,	PUNCT
fbem-8288	149	6	urban	urban	ADJ
fbem-8288	149	7	-	-	PUNCT
fbem-8288	149	8	rural	rural	ADJ
fbem-8288	149	9	income	income	NOUN
fbem-8288	149	10	disparity	disparity	NOUN
fbem-8288	149	11	,	,	PUNCT
fbem-8288	149	12	and	and	CCONJ
fbem-8288	149	13	resident	resident	ADJ
fbem-8288	149	14	consumption	consumption	NOUN
fbem-8288	149	15	.	.	PUNCT
fbem-8288	150	1	journal	journal	PROPN
fbem-8288	150	2	of	of	ADP
fbem-8288	150	3	guangdong	guangdong	PROPN
fbem-8288	150	4	university	university	PROPN
fbem-8288	150	5	of	of	ADP
fbem-8288	150	6	finance	finance	NOUN
fbem-8288	150	7	and	and	CCONJ
fbem-8288	150	8	economics	economic	NOUN
fbem-8288	150	9	(	(	PUNCT
fbem-8288	150	10	02),43	02),43	NUM
fbem-8288	150	11	-	-	SYM
fbem-8288	150	12	56	56	NUM
fbem-8288	150	13	.	.	PUNCT
fbem-8288	151	1	[	[	X
fbem-8288	151	2	19	19	NUM
fbem-8288	151	3	]	]	X
fbem-8288	151	4	chen	chen	PROPN
fbem-8288	151	5	,	,	PUNCT
fbem-8288	151	6	m.	m.	PROPN
fbem-8288	151	7	&	&	CCONJ
fbem-8288	151	8	chen	chen	PROPN
fbem-8288	151	9	,	,	PUNCT
fbem-8288	151	10	b.	b.	PROPN
fbem-8288	151	11	(	(	PUNCT
fbem-8288	151	12	2007	2007	NUM
fbem-8288	151	13	)	)	PUNCT
fbem-8288	151	14	.	.	PUNCT
fbem-8288	152	1	a	a	DET
fbem-8288	152	2	study	study	NOUN
fbem-8288	152	3	on	on	ADP
fbem-8288	152	4	exchange	exchange	NOUN
fbem-8288	152	5	rate	rate	NOUN
fbem-8288	152	6	appreciation	appreciation	NOUN
fbem-8288	152	7	and	and	CCONJ
fbem-8288	152	8	price	price	NOUN
fbem-8288	152	9	elasticity	elasticity	NOUN
fbem-8288	152	10	of	of	ADP
fbem-8288	152	11	substitution	substitution	NOUN
fbem-8288	152	12	of	of	ADP
fbem-8288	152	13	traded	trade	VERB
fbem-8288	152	14	and	and	CCONJ
fbem-8288	152	15	non	non	ADJ
fbem-8288	152	16	-	-	ADJ
fbem-8288	152	17	traded	traded	ADJ
fbem-8288	152	18	goods	good	NOUN
fbem-8288	152	19	.	.	PUNCT
fbem-8288	153	1	fujian	fujian	ADJ
fbem-8288	153	2	finance	finance	PROPN
fbem-8288	153	3	(	(	PUNCT
fbem-8288	153	4	03	03	NUM
fbem-8288	153	5	)	)	PUNCT
fbem-8288	153	6	,	,	PUNCT
fbem-8288	153	7	17	17	NUM
fbem-8288	153	8	-	-	SYM
fbem-8288	153	9	19	19	NUM
fbem-8288	153	10	.	.	PUNCT
fbem-8288	154	1	[	[	X
fbem-8288	154	2	20	20	NUM
fbem-8288	154	3	]	]	PUNCT
fbem-8288	154	4	wang	wang	PROPN
fbem-8288	154	5	qian	qian	PROPN
fbem-8288	154	6	,	,	PUNCT
fbem-8288	154	7	huang	huang	PROPN
fbem-8288	154	8	rui	rui	PROPN
fbem-8288	154	9	&	&	CCONJ
fbem-8288	154	10	feng	feng	PROPN
fbem-8288	154	11	xiaochu	xiaochu	PROPN
fbem-8288	154	12	.	.	PUNCT
fbem-8288	154	13	(	(	PUNCT
fbem-8288	154	14	2012	2012	NUM
fbem-8288	154	15	)	)	PUNCT
fbem-8288	154	16	.	.	PUNCT
fbem-8288	155	1	a	a	DET
fbem-8288	155	2	study	study	NOUN
fbem-8288	155	3	on	on	ADP
fbem-8288	155	4	the	the	DET
fbem-8288	155	5	impact	impact	NOUN
fbem-8288	155	6	of	of	ADP
fbem-8288	155	7	rmb	rmb	ADJ
fbem-8288	155	8	appreciation	appreciation	NOUN
fbem-8288	155	9	on	on	ADP
fbem-8288	155	10	consumption	consumption	NOUN
fbem-8288	155	11	structure	structure	NOUN
fbem-8288	155	12	based	base	VERB
fbem-8288	155	13	on	on	ADP
fbem-8288	155	14	the	the	DET
fbem-8288	155	15	"	"	PUNCT
fbem-8288	155	16	balassa	balassa	NOUN
fbem-8288	155	17	-	-	PUNCT
fbem-8288	155	18	samuelson	samuelson	NOUN
fbem-8288	155	19	"	"	PUNCT
fbem-8288	155	20	effect	effect	NOUN
fbem-8288	155	21	.	.	PUNCT
fbem-8288	156	1	economic	economic	ADJ
fbem-8288	156	2	and	and	CCONJ
fbem-8288	156	3	management	management	NOUN
fbem-8288	156	4	strategy	strategy	NOUN
fbem-8288	156	5	research	research	NOUN
fbem-8288	156	6	(	(	PUNCT
fbem-8288	156	7	02),61	02),61	NUM
fbem-8288	156	8	-	-	SYM
fbem-8288	156	9	72	72	NUM
fbem-8288	156	10	.	.	PUNCT