id	sid	tid	token	lemma	pos
fbem-9576	1	1	frontiers	frontier	NOUN
fbem-9576	1	2	in	in	ADP
fbem-9576	1	3	business	business	NOUN
fbem-9576	1	4	,	,	PUNCT
fbem-9576	1	5	economics	economic	NOUN
fbem-9576	1	6	and	and	CCONJ
fbem-9576	1	7	management	management	NOUN
fbem-9576	1	8	issn	issn	PROPN
fbem-9576	1	9	:	:	PUNCT
fbem-9576	1	10	2766	2766	NUM
fbem-9576	1	11	-	-	PUNCT
fbem-9576	1	12	824x	824x	NUM
fbem-9576	1	13	|	|	ADJ
fbem-9576	1	14	vol	vol	NOUN
fbem-9576	1	15	.	.	PROPN
fbem-9576	2	1	9	9	NUM
fbem-9576	2	2	,	,	PUNCT
fbem-9576	2	3	no	no	INTJ
fbem-9576	2	4	.	.	NOUN
fbem-9576	2	5	3	3	NUM
fbem-9576	2	6	,	,	PUNCT
fbem-9576	2	7	2023	2023	NUM
fbem-9576	2	8	155	155	NUM
fbem-9576	2	9	carbon	carbon	NOUN
fbem-9576	2	10	trading	trading	NOUN
fbem-9576	2	11	pilots	pilot	NOUN
fbem-9576	2	12	and	and	CCONJ
fbem-9576	2	13	firms	firm	NOUN
fbem-9576	2	14	’	'	PUNCT
fbem-9576	2	15	green	green	ADJ
fbem-9576	2	16	innovation	innovation	NOUN
fbem-9576	2	17	:	:	PUNCT
fbem-9576	2	18	evidence	evidence	NOUN
fbem-9576	2	19	from	from	ADP
fbem-9576	2	20	china	china	PROPN
fbem-9576	2	21	’s	’s	PART
fbem-9576	2	22	listed	list	VERB
fbem-9576	2	23	company	company	NOUN
fbem-9576	2	24	langhua	langhua	PROPN
fbem-9576	2	25	zhang	zhang	PROPN
fbem-9576	2	26	basis	basis	PROPN
fbem-9576	2	27	international	international	PROPN
fbem-9576	2	28	school	school	NOUN
fbem-9576	2	29	shenzhen	shenzhen	PROPN
fbem-9576	2	30	,	,	PUNCT
fbem-9576	2	31	shenzhen	shenzhen	PROPN
fbem-9576	2	32	,	,	PUNCT
fbem-9576	2	33	518067	518067	NUM
fbem-9576	2	34	,	,	PUNCT
fbem-9576	2	35	china	china	PROPN
fbem-9576	2	36	abstract	abstract	PROPN
fbem-9576	2	37	:	:	PUNCT
fbem-9576	2	38	firms	firm	NOUN
fbem-9576	2	39	’	'	PUNCT
fbem-9576	2	40	green	green	ADJ
fbem-9576	2	41	innovation	innovation	NOUN
fbem-9576	2	42	is	be	AUX
fbem-9576	2	43	important	important	ADJ
fbem-9576	2	44	for	for	ADP
fbem-9576	2	45	their	their	PRON
fbem-9576	2	46	sustainable	sustainable	ADJ
fbem-9576	2	47	development	development	NOUN
fbem-9576	2	48	.	.	PUNCT
fbem-9576	3	1	determinants	determinant	NOUN
fbem-9576	3	2	of	of	ADP
fbem-9576	3	3	firms	firm	NOUN
fbem-9576	3	4	’	'	PUNCT
fbem-9576	3	5	green	green	ADJ
fbem-9576	3	6	innovation	innovation	NOUN
fbem-9576	3	7	has	have	AUX
fbem-9576	3	8	been	be	AUX
fbem-9576	3	9	discussed	discuss	VERB
fbem-9576	3	10	by	by	ADP
fbem-9576	3	11	social	social	ADJ
fbem-9576	3	12	scientists	scientist	NOUN
fbem-9576	3	13	,	,	PUNCT
fbem-9576	3	14	among	among	ADP
fbem-9576	3	15	which	which	PRON
fbem-9576	3	16	,	,	PUNCT
fbem-9576	3	17	carbon	carbon	NOUN
fbem-9576	3	18	trading	trading	NOUN
fbem-9576	3	19	is	be	AUX
fbem-9576	3	20	a	a	DET
fbem-9576	3	21	significant	significant	ADJ
fbem-9576	3	22	perspective	perspective	NOUN
fbem-9576	3	23	.	.	PUNCT
fbem-9576	4	1	however	however	ADV
fbem-9576	4	2	,	,	PUNCT
fbem-9576	4	3	the	the	DET
fbem-9576	4	4	current	current	ADJ
fbem-9576	4	5	literature	literature	NOUN
fbem-9576	4	6	has	have	AUX
fbem-9576	4	7	not	not	PART
fbem-9576	4	8	obtained	obtain	VERB
fbem-9576	4	9	consistent	consistent	ADJ
fbem-9576	4	10	findings	finding	NOUN
fbem-9576	4	11	on	on	ADP
fbem-9576	4	12	this	this	DET
fbem-9576	4	13	issue	issue	NOUN
fbem-9576	4	14	,	,	PUNCT
fbem-9576	4	15	possibly	possibly	ADV
fbem-9576	4	16	because	because	SCONJ
fbem-9576	4	17	causality	causality	NOUN
fbem-9576	4	18	has	have	AUX
fbem-9576	4	19	been	be	AUX
fbem-9576	4	20	challenged	challenge	VERB
fbem-9576	4	21	by	by	ADP
fbem-9576	4	22	the	the	DET
fbem-9576	4	23	issue	issue	NOUN
fbem-9576	4	24	of	of	ADP
fbem-9576	4	25	endogeneity	endogeneity	NOUN
fbem-9576	4	26	.	.	PUNCT
fbem-9576	5	1	this	this	PRON
fbem-9576	5	2	is	be	AUX
fbem-9576	5	3	not	not	PART
fbem-9576	5	4	conducive	conducive	ADJ
fbem-9576	5	5	to	to	ADP
fbem-9576	5	6	efficient	efficient	ADJ
fbem-9576	5	7	policy	policy	NOUN
fbem-9576	5	8	instruments	instrument	NOUN
fbem-9576	5	9	from	from	ADP
fbem-9576	5	10	existing	exist	VERB
fbem-9576	5	11	findings	finding	NOUN
fbem-9576	5	12	.	.	PUNCT
fbem-9576	6	1	using	use	VERB
fbem-9576	6	2	the	the	DET
fbem-9576	6	3	carbon	carbon	NOUN
fbem-9576	6	4	trading	trading	NOUN
fbem-9576	6	5	pilots	pilot	NOUN
fbem-9576	6	6	in	in	ADP
fbem-9576	6	7	china	china	PROPN
fbem-9576	6	8	in	in	ADP
fbem-9576	6	9	2011	2011	NUM
fbem-9576	6	10	and	and	CCONJ
fbem-9576	6	11	16	16	NUM
fbem-9576	6	12	as	as	ADP
fbem-9576	6	13	quasi	quasi	NOUN
fbem-9576	6	14	-	-	NOUN
fbem-9576	6	15	experiment	experiment	NOUN
fbem-9576	6	16	,	,	PUNCT
fbem-9576	6	17	we	we	PRON
fbem-9576	6	18	constructed	construct	VERB
fbem-9576	6	19	dataset	dataset	NOUN
fbem-9576	6	20	of	of	ADP
fbem-9576	6	21	9,998	9,998	NUM
fbem-9576	6	22	listed	list	VERB
fbem-9576	6	23	companies	company	NOUN
fbem-9576	6	24	from	from	ADP
fbem-9576	6	25	2000	2000	NUM
fbem-9576	6	26	-	-	SYM
fbem-9576	6	27	2021	2021	NUM
fbem-9576	6	28	to	to	PART
fbem-9576	6	29	empirically	empirically	ADV
fbem-9576	6	30	test	test	VERB
fbem-9576	6	31	the	the	DET
fbem-9576	6	32	effect	effect	NOUN
fbem-9576	6	33	of	of	ADP
fbem-9576	6	34	carbon	carbon	NOUN
fbem-9576	6	35	trading	trading	NOUN
fbem-9576	6	36	pilots	pilot	NOUN
fbem-9576	6	37	on	on	ADP
fbem-9576	6	38	firms	firm	NOUN
fbem-9576	6	39	'	'	PART
fbem-9576	6	40	green	green	ADJ
fbem-9576	6	41	innovation	innovation	NOUN
fbem-9576	6	42	by	by	ADP
fbem-9576	6	43	using	use	VERB
fbem-9576	6	44	the	the	DET
fbem-9576	6	45	staggered	staggered	ADJ
fbem-9576	6	46	difference	difference	NOUN
fbem-9576	6	47	-	-	PUNCT
fbem-9576	6	48	in	in	ADP
fbem-9576	6	49	-	-	PUNCT
fbem-9576	6	50	differences	difference	NOUN
fbem-9576	6	51	(	(	PUNCT
fbem-9576	6	52	did	do	AUX
fbem-9576	6	53	)	)	PUNCT
fbem-9576	6	54	method	method	NOUN
fbem-9576	6	55	.	.	PUNCT
fbem-9576	7	1	the	the	DET
fbem-9576	7	2	results	result	NOUN
fbem-9576	7	3	show	show	VERB
fbem-9576	7	4	that	that	SCONJ
fbem-9576	7	5	carbon	carbon	NOUN
fbem-9576	7	6	trading	trading	NOUN
fbem-9576	7	7	pilots	pilot	NOUN
fbem-9576	7	8	increased	increase	VERB
fbem-9576	7	9	the	the	DET
fbem-9576	7	10	quantity	quantity	NOUN
fbem-9576	7	11	of	of	ADP
fbem-9576	7	12	green	green	ADJ
fbem-9576	7	13	innovation	innovation	NOUN
fbem-9576	7	14	while	while	SCONJ
fbem-9576	7	15	had	have	VERB
fbem-9576	7	16	no	no	DET
fbem-9576	7	17	effect	effect	NOUN
fbem-9576	7	18	on	on	ADP
fbem-9576	7	19	their	their	PRON
fbem-9576	7	20	quality	quality	NOUN
fbem-9576	7	21	,	,	PUNCT
fbem-9576	7	22	and	and	CCONJ
fbem-9576	7	23	remain	remain	VERB
fbem-9576	7	24	robust	robust	ADJ
fbem-9576	7	25	after	after	ADP
fbem-9576	7	26	a	a	DET
fbem-9576	7	27	series	series	NOUN
fbem-9576	7	28	robustness	robustness	NOUN
fbem-9576	7	29	tests	test	NOUN
fbem-9576	7	30	.	.	PUNCT
fbem-9576	8	1	we	we	PRON
fbem-9576	8	2	also	also	ADV
fbem-9576	8	3	discuss	discuss	VERB
fbem-9576	8	4	the	the	DET
fbem-9576	8	5	mechanism	mechanism	NOUN
fbem-9576	8	6	from	from	ADP
fbem-9576	8	7	the	the	DET
fbem-9576	8	8	perspective	perspective	NOUN
fbem-9576	8	9	of	of	ADP
fbem-9576	8	10	externalities	externality	NOUN
fbem-9576	8	11	.	.	PUNCT
fbem-9576	9	1	the	the	DET
fbem-9576	9	2	paper	paper	NOUN
fbem-9576	9	3	thus	thus	ADV
fbem-9576	9	4	highlights	highlight	VERB
fbem-9576	9	5	the	the	DET
fbem-9576	9	6	necessity	necessity	NOUN
fbem-9576	9	7	of	of	ADP
fbem-9576	9	8	piloting	pilot	VERB
fbem-9576	9	9	carbon	carbon	NOUN
fbem-9576	9	10	trading	trading	NOUN
fbem-9576	9	11	and	and	CCONJ
fbem-9576	9	12	lowing	lowing	NOUN
fbem-9576	9	13	externalities	externality	NOUN
fbem-9576	9	14	in	in	ADP
fbem-9576	9	15	fostering	foster	VERB
fbem-9576	9	16	firms	firm	NOUN
fbem-9576	9	17	’	'	PUNCT
fbem-9576	9	18	green	green	ADJ
fbem-9576	9	19	innovation	innovation	NOUN
fbem-9576	9	20	.	.	PUNCT
fbem-9576	10	1	keywords	keyword	NOUN
fbem-9576	10	2	:	:	PUNCT
fbem-9576	10	3	carbon	carbon	NOUN
fbem-9576	10	4	trading	trading	NOUN
fbem-9576	10	5	pilots	pilot	NOUN
fbem-9576	10	6	,	,	PUNCT
fbem-9576	10	7	firms	firm	NOUN
fbem-9576	10	8	’	'	PUNCT
fbem-9576	10	9	green	green	ADJ
fbem-9576	10	10	innovation	innovation	NOUN
fbem-9576	10	11	,	,	PUNCT
fbem-9576	10	12	china	china	PROPN
fbem-9576	10	13	’s	’s	PART
fbem-9576	10	14	listed	list	VERB
fbem-9576	10	15	company	company	NOUN
fbem-9576	10	16	.	.	PUNCT
fbem-9576	11	1	1	1	X
fbem-9576	11	2	.	.	X
fbem-9576	11	3	introduction	introduction	NOUN
fbem-9576	11	4	firms	firm	NOUN
fbem-9576	11	5	’	'	PUNCT
fbem-9576	11	6	green	green	ADJ
fbem-9576	11	7	innovation	innovation	NOUN
fbem-9576	11	8	is	be	AUX
fbem-9576	11	9	of	of	ADP
fbem-9576	11	10	great	great	ADJ
fbem-9576	11	11	importance	importance	NOUN
fbem-9576	11	12	for	for	ADP
fbem-9576	11	13	their	their	PRON
fbem-9576	11	14	sustainable	sustainable	ADJ
fbem-9576	11	15	development	development	NOUN
fbem-9576	11	16	and	and	CCONJ
fbem-9576	11	17	is	be	AUX
fbem-9576	11	18	of	of	ADP
fbem-9576	11	19	much	much	ADJ
fbem-9576	11	20	concern	concern	NOUN
fbem-9576	11	21	in	in	ADP
fbem-9576	11	22	climate	climate	NOUN
fbem-9576	11	23	change	change	NOUN
fbem-9576	12	1	[	[	X
fbem-9576	12	2	1	1	X
fbem-9576	12	3	]	]	X
fbem-9576	12	4	[	[	X
fbem-9576	12	5	2	2	NUM
fbem-9576	12	6	]	]	PUNCT
fbem-9576	12	7	.	.	PUNCT
fbem-9576	13	1	therefore	therefore	ADV
fbem-9576	13	2	,	,	PUNCT
fbem-9576	13	3	there	there	PRON
fbem-9576	13	4	is	be	VERB
fbem-9576	13	5	a	a	DET
fbem-9576	13	6	lot	lot	NOUN
fbem-9576	13	7	of	of	ADP
fbem-9576	13	8	literature	literature	NOUN
fbem-9576	13	9	dedicated	dedicate	VERB
fbem-9576	13	10	to	to	ADP
fbem-9576	13	11	exploring	explore	VERB
fbem-9576	13	12	the	the	DET
fbem-9576	13	13	determinants	determinant	NOUN
fbem-9576	13	14	of	of	ADP
fbem-9576	13	15	firms	firm	NOUN
fbem-9576	13	16	’	'	PUNCT
fbem-9576	13	17	green	green	ADJ
fbem-9576	13	18	innovation	innovation	NOUN
fbem-9576	13	19	,	,	PUNCT
fbem-9576	13	20	among	among	ADP
fbem-9576	13	21	which	which	PRON
fbem-9576	13	22	carbon	carbon	NOUN
fbem-9576	13	23	trading	trading	NOUN
fbem-9576	13	24	is	be	AUX
fbem-9576	13	25	a	a	DET
fbem-9576	13	26	significant	significant	ADJ
fbem-9576	13	27	perspective	perspective	NOUN
fbem-9576	13	28	[	[	X
fbem-9576	13	29	4	4	X
fbem-9576	13	30	]	]	X
fbem-9576	13	31	[	[	X
fbem-9576	13	32	5	5	NUM
fbem-9576	13	33	]	]	X
fbem-9576	13	34	[	[	X
fbem-9576	13	35	6	6	NUM
fbem-9576	13	36	]	]	PUNCT
fbem-9576	13	37	.	.	PUNCT
fbem-9576	14	1	however	however	ADV
fbem-9576	14	2	,	,	PUNCT
fbem-9576	14	3	the	the	DET
fbem-9576	14	4	causality	causality	NOUN
fbem-9576	14	5	between	between	ADP
fbem-9576	14	6	carbon	carbon	NOUN
fbem-9576	14	7	trading	trading	NOUN
fbem-9576	14	8	and	and	CCONJ
fbem-9576	14	9	corporate	corporate	ADJ
fbem-9576	14	10	green	green	ADJ
fbem-9576	14	11	innovation	innovation	NOUN
fbem-9576	14	12	has	have	AUX
fbem-9576	14	13	not	not	PART
fbem-9576	14	14	been	be	AUX
fbem-9576	14	15	well	well	ADV
fbem-9576	14	16	tested	test	VERB
fbem-9576	14	17	empirically	empirically	ADV
fbem-9576	14	18	because	because	SCONJ
fbem-9576	14	19	of	of	ADP
fbem-9576	14	20	endogeneity	endogeneity	NOUN
fbem-9576	14	21	problems	problem	NOUN
fbem-9576	14	22	such	such	ADJ
fbem-9576	14	23	as	as	ADP
fbem-9576	14	24	facing	face	VERB
fbem-9576	14	25	some	some	DET
fbem-9576	14	26	omitted	omit	VERB
fbem-9576	14	27	variables	variable	NOUN
fbem-9576	14	28	[	[	X
fbem-9576	14	29	7	7	X
fbem-9576	14	30	]	]	X
fbem-9576	14	31	(	(	PUNCT
fbem-9576	14	32	chen	chen	PROPN
fbem-9576	14	33	et	et	PROPN
fbem-9576	14	34	al	al	PROPN
fbem-9576	14	35	.	.	PROPN
fbem-9576	14	36	,	,	PUNCT
fbem-9576	14	37	2021	2021	NUM
fbem-9576	14	38	)	)	PUNCT
fbem-9576	14	39	.	.	PUNCT
fbem-9576	15	1	challenging	challenge	VERB
fbem-9576	15	2	studies	study	NOUN
fbem-9576	15	3	have	have	AUX
fbem-9576	15	4	not	not	PART
fbem-9576	15	5	yielded	yield	VERB
fbem-9576	15	6	consistent	consistent	ADJ
fbem-9576	15	7	findings	finding	NOUN
fbem-9576	15	8	,	,	PUNCT
fbem-9576	15	9	making	make	VERB
fbem-9576	15	10	it	it	PRON
fbem-9576	15	11	difficult	difficult	ADJ
fbem-9576	15	12	to	to	PART
fbem-9576	15	13	propose	propose	VERB
fbem-9576	15	14	a	a	DET
fbem-9576	15	15	targeted	target	VERB
fbem-9576	15	16	policy	policy	NOUN
fbem-9576	15	17	instrument	instrument	NOUN
fbem-9576	15	18	.	.	PUNCT
fbem-9576	16	1	some	some	DET
fbem-9576	16	2	economists	economist	NOUN
fbem-9576	16	3	may	may	AUX
fbem-9576	16	4	argue	argue	VERB
fbem-9576	16	5	that	that	SCONJ
fbem-9576	16	6	such	such	ADJ
fbem-9576	16	7	regulations	regulation	NOUN
fbem-9576	16	8	limited	limit	VERB
fbem-9576	16	9	the	the	DET
fbem-9576	16	10	options	option	NOUN
fbem-9576	16	11	of	of	ADP
fbem-9576	16	12	firms	firm	NOUN
fbem-9576	16	13	,	,	PUNCT
fbem-9576	16	14	thus	thus	ADV
fbem-9576	16	15	reducing	reduce	VERB
fbem-9576	16	16	their	their	PRON
fbem-9576	16	17	innovation	innovation	NOUN
fbem-9576	16	18	[	[	X
fbem-9576	16	19	8	8	NUM
fbem-9576	16	20	]	]	PUNCT
fbem-9576	16	21	.	.	PUNCT
fbem-9576	17	1	others	other	NOUN
fbem-9576	17	2	argue	argue	VERB
fbem-9576	17	3	that	that	SCONJ
fbem-9576	17	4	strict	strict	ADJ
fbem-9576	17	5	environmental	environmental	ADJ
fbem-9576	17	6	regulations	regulation	NOUN
fbem-9576	17	7	encourage	encourage	VERB
fbem-9576	17	8	enterprises	enterprise	NOUN
fbem-9576	17	9	to	to	PART
fbem-9576	17	10	create	create	VERB
fbem-9576	17	11	more	more	ADJ
fbem-9576	17	12	innovation	innovation	NOUN
fbem-9576	17	13	to	to	PART
fbem-9576	17	14	save	save	VERB
fbem-9576	17	15	costs	cost	NOUN
fbem-9576	17	16	and	and	CCONJ
fbem-9576	17	17	maintain	maintain	VERB
fbem-9576	17	18	profits	profit	NOUN
fbem-9576	17	19	[	[	X
fbem-9576	17	20	9	9	NUM
fbem-9576	17	21	]	]	PUNCT
fbem-9576	17	22	.	.	PUNCT
fbem-9576	18	1	in	in	ADP
fbem-9576	18	2	contrast	contrast	NOUN
fbem-9576	18	3	with	with	ADP
fbem-9576	18	4	previous	previous	ADJ
fbem-9576	18	5	assertions	assertion	NOUN
fbem-9576	18	6	,	,	PUNCT
fbem-9576	18	7	this	this	DET
fbem-9576	18	8	claim	claim	NOUN
fbem-9576	18	9	is	be	AUX
fbem-9576	18	10	highly	highly	ADV
fbem-9576	18	11	significant	significant	ADJ
fbem-9576	18	12	as	as	SCONJ
fbem-9576	18	13	it	it	PRON
fbem-9576	18	14	indicates	indicate	VERB
fbem-9576	18	15	that	that	SCONJ
fbem-9576	18	16	there	there	PRON
fbem-9576	18	17	is	be	VERB
fbem-9576	18	18	no	no	DET
fbem-9576	18	19	tradeoff	tradeoff	NOUN
fbem-9576	18	20	between	between	ADP
fbem-9576	18	21	environmental	environmental	ADJ
fbem-9576	18	22	protection	protection	NOUN
fbem-9576	18	23	and	and	CCONJ
fbem-9576	18	24	economic	economic	ADJ
fbem-9576	18	25	development	development	NOUN
fbem-9576	18	26	as	as	SCONJ
fbem-9576	18	27	it	it	PRON
fbem-9576	18	28	would	would	AUX
fbem-9576	18	29	stimulate	stimulate	VERB
fbem-9576	18	30	dynamic	dynamic	ADJ
fbem-9576	18	31	efficiency	efficiency	NOUN
fbem-9576	18	32	[	[	X
fbem-9576	18	33	10	10	NUM
fbem-9576	18	34	]	]	PUNCT
fbem-9576	18	35	.	.	PUNCT
fbem-9576	19	1	the	the	DET
fbem-9576	19	2	core	core	NOUN
fbem-9576	19	3	issue	issue	NOUN
fbem-9576	19	4	behind	behind	ADP
fbem-9576	19	5	this	this	DET
fbem-9576	19	6	debate	debate	NOUN
fbem-9576	19	7	is	be	AUX
fbem-9576	19	8	whether	whether	SCONJ
fbem-9576	19	9	environmental	environmental	ADJ
fbem-9576	19	10	regulations	regulation	NOUN
fbem-9576	19	11	trigger	trigger	NOUN
fbem-9576	19	12	innovations	innovation	NOUN
fbem-9576	19	13	.	.	PUNCT
fbem-9576	20	1	we	we	PRON
fbem-9576	20	2	use	use	VERB
fbem-9576	20	3	the	the	DET
fbem-9576	20	4	carbon	carbon	NOUN
fbem-9576	20	5	trading	trading	NOUN
fbem-9576	20	6	pilot	pilot	NOUN
fbem-9576	20	7	in	in	ADP
fbem-9576	20	8	china	china	PROPN
fbem-9576	20	9	’s	’s	PART
fbem-9576	20	10	listed	list	VERB
fbem-9576	20	11	companies	company	NOUN
fbem-9576	20	12	since	since	SCONJ
fbem-9576	20	13	2011	2011	NUM
fbem-9576	20	14	as	as	ADP
fbem-9576	20	15	a	a	DET
fbem-9576	20	16	quasiexperiment	quasiexperiment	NOUN
fbem-9576	20	17	and	and	CCONJ
fbem-9576	20	18	empirically	empirically	ADV
fbem-9576	20	19	test	test	VERB
fbem-9576	20	20	the	the	DET
fbem-9576	20	21	effect	effect	NOUN
fbem-9576	20	22	of	of	ADP
fbem-9576	20	23	carbon	carbon	NOUN
fbem-9576	20	24	trading	trading	NOUN
fbem-9576	20	25	pilots	pilot	NOUN
fbem-9576	20	26	on	on	ADP
fbem-9576	20	27	firms	firm	NOUN
fbem-9576	20	28	’	'	PUNCT
fbem-9576	20	29	green	green	ADJ
fbem-9576	20	30	innovation	innovation	NOUN
fbem-9576	20	31	.	.	PUNCT
fbem-9576	21	1	china	china	PROPN
fbem-9576	21	2	is	be	AUX
fbem-9576	21	3	the	the	DET
fbem-9576	21	4	world	world	NOUN
fbem-9576	21	5	’s	’s	PART
fbem-9576	21	6	most	most	ADV
fbem-9576	21	7	populous	populous	ADJ
fbem-9576	21	8	country	country	NOUN
fbem-9576	21	9	and	and	CCONJ
fbem-9576	21	10	the	the	DET
fbem-9576	21	11	largest	large	ADJ
fbem-9576	21	12	emitter	emitter	NOUN
fbem-9576	21	13	of	of	ADP
fbem-9576	21	14	carbon	carbon	NOUN
fbem-9576	21	15	dioxide[11	dioxide[11	PROPN
fbem-9576	21	16	]	]	PUNCT
fbem-9576	21	17	.	.	PUNCT
fbem-9576	22	1	to	to	PART
fbem-9576	22	2	reduce	reduce	VERB
fbem-9576	22	3	carbon	carbon	NOUN
fbem-9576	22	4	emissions	emission	NOUN
fbem-9576	22	5	,	,	PUNCT
fbem-9576	22	6	china	china	PROPN
fbem-9576	22	7	initiated	initiate	VERB
fbem-9576	22	8	carbon	carbon	NOUN
fbem-9576	22	9	trading	trading	NOUN
fbem-9576	22	10	pilot	pilot	NOUN
fbem-9576	22	11	schemes	scheme	NOUN
fbem-9576	22	12	since	since	SCONJ
fbem-9576	22	13	2011	2011	NUM
fbem-9576	22	14	.	.	PUNCT
fbem-9576	23	1	in	in	ADP
fbem-9576	23	2	2011	2011	NUM
fbem-9576	23	3	,	,	PUNCT
fbem-9576	23	4	shanghai	shanghai	PROPN
fbem-9576	23	5	,	,	PUNCT
fbem-9576	23	6	beijing	beijing	PROPN
fbem-9576	23	7	,	,	PUNCT
fbem-9576	23	8	hubei	hubei	PROPN
fbem-9576	23	9	,	,	PUNCT
fbem-9576	23	10	guangdong	guangdong	PROPN
fbem-9576	23	11	and	and	CCONJ
fbem-9576	23	12	tianjin	tianjin	PROPN
fbem-9576	23	13	became	become	VERB
fbem-9576	23	14	carbon	carbon	NOUN
fbem-9576	23	15	trading	trading	NOUN
fbem-9576	23	16	pilot	pilot	NOUN
fbem-9576	23	17	provinces	province	NOUN
fbem-9576	23	18	.	.	PUNCT
fbem-9576	24	1	in	in	ADP
fbem-9576	24	2	2016	2016	NUM
fbem-9576	24	3	,	,	PUNCT
fbem-9576	24	4	fujian	fujian	PROPN
fbem-9576	24	5	also	also	ADV
fbem-9576	24	6	became	become	VERB
fbem-9576	24	7	a	a	DET
fbem-9576	24	8	carbon	carbon	NOUN
fbem-9576	24	9	trading	trading	NOUN
fbem-9576	24	10	pilot	pilot	NOUN
fbem-9576	24	11	province	province	NOUN
fbem-9576	24	12	.	.	PUNCT
fbem-9576	25	1	carbon	carbon	NOUN
fbem-9576	25	2	trading	trading	NOUN
fbem-9576	25	3	refers	refer	VERB
fbem-9576	25	4	to	to	ADP
fbem-9576	25	5	the	the	DET
fbem-9576	25	6	trading	trading	NOUN
fbem-9576	25	7	of	of	ADP
fbem-9576	25	8	carbon	carbon	NOUN
fbem-9576	25	9	emission	emission	NOUN
fbem-9576	25	10	rights	right	NOUN
fbem-9576	25	11	.	.	PUNCT
fbem-9576	26	1	in	in	ADP
fbem-9576	26	2	essence	essence	NOUN
fbem-9576	26	3	,	,	PUNCT
fbem-9576	26	4	the	the	DET
fbem-9576	26	5	government	government	NOUN
fbem-9576	26	6	determines	determine	VERB
fbem-9576	26	7	the	the	DET
fbem-9576	26	8	total	total	ADJ
fbem-9576	26	9	carbon	carbon	NOUN
fbem-9576	26	10	emission	emission	NOUN
fbem-9576	26	11	target	target	NOUN
fbem-9576	26	12	and	and	CCONJ
fbem-9576	26	13	then	then	ADV
fbem-9576	26	14	defines	define	VERB
fbem-9576	26	15	a	a	DET
fbem-9576	26	16	carbon	carbon	NOUN
fbem-9576	26	17	emission	emission	NOUN
fbem-9576	26	18	quota	quota	NOUN
fbem-9576	26	19	for	for	ADP
fbem-9576	26	20	the	the	DET
fbem-9576	26	21	emitter	emitter	NOUN
fbem-9576	26	22	.	.	PUNCT
fbem-9576	27	1	due	due	ADP
fbem-9576	27	2	to	to	ADP
fbem-9576	27	3	the	the	DET
fbem-9576	27	4	adjustment	adjustment	NOUN
fbem-9576	27	5	of	of	ADP
fbem-9576	27	6	the	the	DET
fbem-9576	27	7	actual	actual	ADJ
fbem-9576	27	8	business	business	NOUN
fbem-9576	27	9	situation	situation	NOUN
fbem-9576	27	10	,	,	PUNCT
fbem-9576	27	11	the	the	DET
fbem-9576	27	12	emitter	emitter	NOUN
fbem-9576	27	13	needs	need	VERB
fbem-9576	27	14	to	to	PART
fbem-9576	27	15	trade	trade	VERB
fbem-9576	27	16	the	the	DET
fbem-9576	27	17	carbon	carbon	NOUN
fbem-9576	27	18	quota	quota	NOUN
fbem-9576	27	19	freely	freely	ADV
fbem-9576	27	20	in	in	ADP
fbem-9576	27	21	the	the	DET
fbem-9576	27	22	market	market	NOUN
fbem-9576	27	23	,	,	PUNCT
fbem-9576	27	24	which	which	PRON
fbem-9576	27	25	is	be	AUX
fbem-9576	27	26	carbon	carbon	NOUN
fbem-9576	27	27	trading	trading	NOUN
fbem-9576	27	28	.	.	PUNCT
fbem-9576	28	1	therefore	therefore	ADV
fbem-9576	28	2	,	,	PUNCT
fbem-9576	28	3	carbon	carbon	NOUN
fbem-9576	28	4	emissions	emission	NOUN
fbem-9576	28	5	have	have	AUX
fbem-9576	28	6	become	become	VERB
fbem-9576	28	7	valuable	valuable	ADJ
fbem-9576	28	8	assets	asset	NOUN
fbem-9576	28	9	that	that	PRON
fbem-9576	28	10	can	can	AUX
fbem-9576	28	11	be	be	AUX
fbem-9576	28	12	exchanged	exchange	VERB
fbem-9576	28	13	as	as	ADP
fbem-9576	28	14	commodities	commodity	NOUN
fbem-9576	28	15	in	in	ADP
fbem-9576	28	16	the	the	DET
fbem-9576	28	17	market	market	NOUN
fbem-9576	28	18	.	.	PUNCT
fbem-9576	29	1	how	how	SCONJ
fbem-9576	29	2	to	to	PART
fbem-9576	29	3	assess	assess	VERB
fbem-9576	29	4	the	the	DET
fbem-9576	29	5	impact	impact	NOUN
fbem-9576	29	6	of	of	ADP
fbem-9576	29	7	carbon	carbon	NOUN
fbem-9576	29	8	trading	trading	NOUN
fbem-9576	29	9	pilots	pilot	NOUN
fbem-9576	29	10	on	on	ADP
fbem-9576	29	11	corporate	corporate	ADJ
fbem-9576	29	12	green	green	ADJ
fbem-9576	29	13	innovation	innovation	NOUN
fbem-9576	29	14	?	?	PUNCT
fbem-9576	30	1	to	to	PART
fbem-9576	30	2	answer	answer	VERB
fbem-9576	30	3	this	this	DET
fbem-9576	30	4	question	question	NOUN
fbem-9576	30	5	,	,	PUNCT
fbem-9576	30	6	we	we	PRON
fbem-9576	30	7	have	have	AUX
fbem-9576	30	8	collected	collect	VERB
fbem-9576	30	9	and	and	CCONJ
fbem-9576	30	10	compiled	compile	VERB
fbem-9576	30	11	a	a	DET
fbem-9576	30	12	dataset	dataset	NOUN
fbem-9576	30	13	covering	cover	VERB
fbem-9576	30	14	14	14	NUM
fbem-9576	30	15	industrial	industrial	ADJ
fbem-9576	30	16	industries	industry	NOUN
fbem-9576	30	17	with	with	ADP
fbem-9576	30	18	a	a	DET
fbem-9576	30	19	total	total	NOUN
fbem-9576	30	20	of	of	ADP
fbem-9576	30	21	9,998	9,998	NUM
fbem-9576	30	22	industrial	industrial	ADJ
fbem-9576	30	23	a	a	PRON
fbem-9576	30	24	-	-	PUNCT
fbem-9576	30	25	shared	share	VERB
fbem-9576	30	26	listed	list	VERB
fbem-9576	30	27	companies	company	NOUN
fbem-9576	30	28	in	in	ADP
fbem-9576	30	29	china	china	PROPN
fbem-9576	30	30	from	from	ADP
fbem-9576	30	31	2000	2000	NUM
fbem-9576	30	32	-	-	SYM
fbem-9576	30	33	2021	2021	NUM
fbem-9576	30	34	.	.	PUNCT
fbem-9576	31	1	we	we	PRON
fbem-9576	31	2	begin	begin	VERB
fbem-9576	31	3	our	our	PRON
fbem-9576	31	4	analysis	analysis	NOUN
fbem-9576	31	5	with	with	ADP
fbem-9576	31	6	a	a	DET
fbem-9576	31	7	staggered	staggered	ADJ
fbem-9576	31	8	difference	difference	NOUN
fbem-9576	31	9	-	-	PUNCT
fbem-9576	31	10	in	in	ADP
fbem-9576	31	11	-	-	PUNCT
fbem-9576	31	12	differences	difference	NOUN
fbem-9576	31	13	(	(	PUNCT
fbem-9576	31	14	did	do	AUX
fbem-9576	31	15	)	)	PUNCT
fbem-9576	31	16	strategy	strategy	NOUN
fbem-9576	31	17	.	.	PUNCT
fbem-9576	32	1	we	we	PRON
fbem-9576	32	2	compare	compare	VERB
fbem-9576	32	3	changes	change	NOUN
fbem-9576	32	4	in	in	ADP
fbem-9576	32	5	the	the	DET
fbem-9576	32	6	quantity	quantity	NOUN
fbem-9576	32	7	and	and	CCONJ
fbem-9576	32	8	quality	quality	NOUN
fbem-9576	32	9	of	of	ADP
fbem-9576	32	10	green	green	ADJ
fbem-9576	32	11	innovation	innovation	NOUN
fbem-9576	32	12	in	in	ADP
fbem-9576	32	13	firms	firm	NOUN
fbem-9576	32	14	located	locate	VERB
fbem-9576	32	15	in	in	ADP
fbem-9576	32	16	piloted	piloted	ADJ
fbem-9576	32	17	carbon	carbon	NOUN
fbem-9576	32	18	trading	trading	NOUN
fbem-9576	32	19	provinces	province	NOUN
fbem-9576	32	20	relative	relative	ADJ
fbem-9576	32	21	to	to	ADP
fbem-9576	32	22	no	no	DET
fbem-9576	32	23	carbon	carbon	NOUN
fbem-9576	32	24	trading	trading	NOUN
fbem-9576	32	25	provinces	province	NOUN
fbem-9576	32	26	after	after	ADP
fbem-9576	32	27	the	the	DET
fbem-9576	32	28	carbon	carbon	NOUN
fbem-9576	32	29	trading	trading	NOUN
fbem-9576	32	30	pilots	pilot	NOUN
fbem-9576	32	31	.	.	PUNCT
fbem-9576	33	1	the	the	DET
fbem-9576	33	2	results	result	NOUN
fbem-9576	33	3	showed	show	VERB
fbem-9576	33	4	that	that	SCONJ
fbem-9576	33	5	carbon	carbon	NOUN
fbem-9576	33	6	trading	trading	NOUN
fbem-9576	33	7	pilots	pilot	NOUN
fbem-9576	33	8	increased	increase	VERB
fbem-9576	33	9	the	the	DET
fbem-9576	33	10	quantity	quantity	NOUN
fbem-9576	33	11	of	of	ADP
fbem-9576	33	12	green	green	ADJ
fbem-9576	33	13	innovation	innovation	NOUN
fbem-9576	33	14	,	,	PUNCT
fbem-9576	33	15	while	while	SCONJ
fbem-9576	33	16	having	have	VERB
fbem-9576	33	17	no	no	DET
fbem-9576	33	18	effect	effect	NOUN
fbem-9576	33	19	on	on	ADP
fbem-9576	33	20	their	their	PRON
fbem-9576	33	21	quality	quality	NOUN
fbem-9576	33	22	.	.	PUNCT
fbem-9576	34	1	after	after	ADP
fbem-9576	34	2	a	a	DET
fbem-9576	34	3	series	series	NOUN
fbem-9576	34	4	of	of	ADP
fbem-9576	34	5	robustness	robustness	NOUN
fbem-9576	34	6	tests	test	NOUN
fbem-9576	34	7	,	,	PUNCT
fbem-9576	34	8	this	this	DET
fbem-9576	34	9	result	result	NOUN
fbem-9576	34	10	remained	remain	VERB
fbem-9576	34	11	robust	robust	ADJ
fbem-9576	34	12	.	.	PUNCT
fbem-9576	35	1	we	we	PRON
fbem-9576	35	2	conducted	conduct	VERB
fbem-9576	35	3	three	three	NUM
fbem-9576	35	4	sets	set	NOUN
fbem-9576	35	5	of	of	ADP
fbem-9576	35	6	robustness	robustness	NOUN
fbem-9576	35	7	checks	check	NOUN
fbem-9576	35	8	to	to	PART
fbem-9576	35	9	address	address	VERB
fbem-9576	35	10	omitted	omit	VERB
fbem-9576	35	11	variables	variable	NOUN
fbem-9576	35	12	,	,	PUNCT
fbem-9576	35	13	use	use	VERB
fbem-9576	35	14	different	different	ADJ
fbem-9576	35	15	constructing	construct	VERB
fbem-9576	35	16	methods	method	NOUN
fbem-9576	35	17	,	,	PUNCT
fbem-9576	35	18	and	and	CCONJ
fbem-9576	35	19	overcome	overcome	VERB
fbem-9576	35	20	sample	sample	NOUN
fbem-9576	35	21	selection	selection	NOUN
fbem-9576	35	22	bias	bias	NOUN
fbem-9576	35	23	,	,	PUNCT
fbem-9576	35	24	respectively	respectively	ADV
fbem-9576	35	25	.	.	PUNCT
fbem-9576	36	1	first	first	ADV
fbem-9576	36	2	,	,	PUNCT
fbem-9576	36	3	we	we	PRON
fbem-9576	36	4	included	include	VERB
fbem-9576	36	5	additional	additional	ADJ
fbem-9576	36	6	controls	control	NOUN
fbem-9576	36	7	to	to	PART
fbem-9576	36	8	show	show	VERB
fbem-9576	36	9	that	that	SCONJ
fbem-9576	36	10	the	the	DET
fbem-9576	36	11	baseline	baseline	NOUN
fbem-9576	36	12	results	result	NOUN
fbem-9576	36	13	remain	remain	VERB
fbem-9576	36	14	robust	robust	ADJ
fbem-9576	36	15	after	after	ADP
fbem-9576	36	16	considering	consider	VERB
fbem-9576	36	17	some	some	DET
fbem-9576	36	18	firms	firm	NOUN
fbem-9576	36	19	’	’	PART
fbem-9576	36	20	characteristics	characteristic	NOUN
fbem-9576	36	21	.	.	PUNCT
fbem-9576	37	1	second	second	ADJ
fbem-9576	37	2	,	,	PUNCT
fbem-9576	37	3	we	we	PRON
fbem-9576	37	4	used	use	VERB
fbem-9576	37	5	both	both	DET
fbem-9576	37	6	historical	historical	ADJ
fbem-9576	37	7	method	method	NOUN
fbem-9576	37	8	and	and	CCONJ
fbem-9576	37	9	benchmark	benchmark	NOUN
fbem-9576	37	10	method	method	NOUN
fbem-9576	37	11	of	of	ADP
fbem-9576	37	12	allocating	allocate	VERB
fbem-9576	37	13	the	the	DET
fbem-9576	37	14	permit	permit	NOUN
fbem-9576	37	15	.	.	PUNCT
fbem-9576	38	1	there	there	PRON
fbem-9576	38	2	are	be	VERB
fbem-9576	38	3	two	two	NUM
fbem-9576	38	4	primary	primary	ADJ
fbem-9576	38	5	methods	method	NOUN
fbem-9576	38	6	of	of	ADP
fbem-9576	38	7	allocating	allocate	VERB
fbem-9576	38	8	the	the	DET
fbem-9576	38	9	permit	permit	NOUN
fbem-9576	38	10	.	.	PUNCT
fbem-9576	39	1	the	the	DET
fbem-9576	39	2	historical	historical	ADJ
fbem-9576	39	3	method	method	NOUN
fbem-9576	39	4	determines	determine	VERB
fbem-9576	39	5	the	the	DET
fbem-9576	39	6	number	number	NOUN
fbem-9576	39	7	of	of	ADP
fbem-9576	39	8	permits	permit	NOUN
fbem-9576	39	9	allocated	allocate	VERB
fbem-9576	39	10	to	to	ADP
fbem-9576	39	11	a	a	DET
fbem-9576	39	12	corporation	corporation	NOUN
fbem-9576	39	13	based	base	VERB
fbem-9576	39	14	on	on	ADP
fbem-9576	39	15	their	their	PRON
fbem-9576	39	16	previous	previous	ADJ
fbem-9576	39	17	emission	emission	NOUN
fbem-9576	39	18	level	level	NOUN
fbem-9576	39	19	.	.	PUNCT
fbem-9576	40	1	the	the	DET
fbem-9576	40	2	benchmark	benchmark	NOUN
fbem-9576	40	3	method	method	NOUN
fbem-9576	40	4	determines	determine	VERB
fbem-9576	40	5	the	the	DET
fbem-9576	40	6	number	number	NOUN
fbem-9576	40	7	of	of	ADP
fbem-9576	40	8	permits	permit	NOUN
fbem-9576	40	9	allocated	allocate	VERB
fbem-9576	40	10	to	to	ADP
fbem-9576	40	11	a	a	DET
fbem-9576	40	12	corporation	corporation	NOUN
fbem-9576	40	13	based	base	VERB
fbem-9576	40	14	on	on	ADP
fbem-9576	40	15	the	the	DET
fbem-9576	40	16	industry	industry	NOUN
fbem-9576	40	17	average	average	ADJ
fbem-9576	40	18	emission	emission	NOUN
fbem-9576	40	19	level[12	level[12	PROPN
fbem-9576	40	20	]	]	PUNCT
fbem-9576	40	21	.	.	PUNCT
fbem-9576	41	1	last	last	ADJ
fbem-9576	41	2	,	,	PUNCT
fbem-9576	41	3	we	we	PRON
fbem-9576	41	4	overcame	overcome	VERB
fbem-9576	41	5	the	the	DET
fbem-9576	41	6	sample	sample	NOUN
fbem-9576	41	7	selection	selection	NOUN
fbem-9576	41	8	bias	bias	NOUN
fbem-9576	41	9	by	by	ADP
fbem-9576	41	10	conducting	conduct	VERB
fbem-9576	41	11	propensity	propensity	NOUN
fbem-9576	41	12	score	score	NOUN
fbem-9576	41	13	matching	matching	NOUN
fbem-9576	41	14	.	.	PUNCT
fbem-9576	42	1	results	result	NOUN
fbem-9576	42	2	remained	remain	VERB
fbem-9576	42	3	robust	robust	ADJ
fbem-9576	42	4	across	across	ADP
fbem-9576	42	5	all	all	DET
fbem-9576	42	6	the	the	DET
fbem-9576	42	7	checks	check	NOUN
fbem-9576	42	8	.	.	PUNCT
fbem-9576	43	1	the	the	DET
fbem-9576	43	2	mechanism	mechanism	NOUN
fbem-9576	43	3	behind	behind	ADP
fbem-9576	43	4	the	the	DET
fbem-9576	43	5	influence	influence	NOUN
fbem-9576	43	6	of	of	ADP
fbem-9576	43	7	carbon	carbon	NOUN
fbem-9576	43	8	trading	trading	NOUN
fbem-9576	43	9	on	on	ADP
fbem-9576	43	10	firms	firm	NOUN
fbem-9576	43	11	'	'	PART
fbem-9576	43	12	green	green	ADJ
fbem-9576	43	13	innovation	innovation	NOUN
fbem-9576	43	14	is	be	AUX
fbem-9576	43	15	also	also	ADV
fbem-9576	43	16	difficult	difficult	ADJ
fbem-9576	43	17	to	to	PART
fbem-9576	43	18	explore	explore	VERB
fbem-9576	43	19	.	.	PUNCT
fbem-9576	44	1	we	we	PRON
fbem-9576	44	2	discuss	discuss	VERB
fbem-9576	44	3	the	the	DET
fbem-9576	44	4	potential	potential	ADJ
fbem-9576	44	5	influence	influence	NOUN
fbem-9576	44	6	mechanism	mechanism	NOUN
fbem-9576	44	7	of	of	ADP
fbem-9576	44	8	carbon	carbon	NOUN
fbem-9576	44	9	trading	trading	NOUN
fbem-9576	44	10	on	on	ADP
fbem-9576	44	11	firms	firm	NOUN
fbem-9576	44	12	'	'	PART
fbem-9576	44	13	green	green	ADJ
fbem-9576	44	14	innovation	innovation	NOUN
fbem-9576	44	15	from	from	ADP
fbem-9576	44	16	the	the	DET
fbem-9576	44	17	perspective	perspective	NOUN
fbem-9576	44	18	of	of	ADP
fbem-9576	44	19	externalities	externality	NOUN
fbem-9576	44	20	.	.	PUNCT
fbem-9576	45	1	externalities	externality	NOUN
fbem-9576	45	2	are	be	AUX
fbem-9576	45	3	the	the	DET
fbem-9576	45	4	spillover	spillover	NOUN
fbem-9576	45	5	effects	effect	NOUN
fbem-9576	45	6	,	,	PUNCT
fbem-9576	45	7	either	either	CCONJ
fbem-9576	45	8	positive	positive	ADJ
fbem-9576	45	9	or	or	CCONJ
fbem-9576	45	10	negative	negative	ADJ
fbem-9576	45	11	,	,	PUNCT
fbem-9576	45	12	that	that	PRON
fbem-9576	45	13	arise	arise	VERB
fbem-9576	45	14	from	from	ADP
fbem-9576	45	15	economic	economic	ADJ
fbem-9576	45	16	activities	activity	NOUN
fbem-9576	45	17	and	and	CCONJ
fbem-9576	45	18	affect	affect	VERB
fbem-9576	45	19	individuals	individual	NOUN
fbem-9576	45	20	or	or	CCONJ
fbem-9576	45	21	entities	entity	NOUN
fbem-9576	45	22	not	not	PART
fbem-9576	45	23	directly	directly	ADV
fbem-9576	45	24	involved	involve	VERB
fbem-9576	45	25	in	in	ADP
fbem-9576	45	26	those	those	DET
fbem-9576	45	27	activities	activity	NOUN
fbem-9576	45	28	.	.	PUNCT
fbem-9576	46	1	we	we	PRON
fbem-9576	46	2	suggest	suggest	VERB
fbem-9576	46	3	that	that	SCONJ
fbem-9576	46	4	the	the	PRON
fbem-9576	46	5	greater	great	ADJ
fbem-9576	46	6	the	the	DET
fbem-9576	46	7	externality	externality	NOUN
fbem-9576	46	8	,	,	PUNCT
fbem-9576	46	9	the	the	PRON
fbem-9576	46	10	more	more	ADJ
fbem-9576	46	11	it	it	PRON
fbem-9576	46	12	hinders	hinder	VERB
fbem-9576	46	13	the	the	DET
fbem-9576	46	14	green	green	ADJ
fbem-9576	46	15	innovation	innovation	NOUN
fbem-9576	46	16	of	of	ADP
fbem-9576	46	17	enterprises	enterprise	NOUN
fbem-9576	46	18	.	.	PUNCT
fbem-9576	47	1	therefore	therefore	ADV
fbem-9576	47	2	,	,	PUNCT
fbem-9576	47	3	we	we	PRON
fbem-9576	47	4	distinguish	distinguish	VERB
fbem-9576	47	5	different	different	ADJ
fbem-9576	47	6	industries	industry	NOUN
fbem-9576	47	7	,	,	PUNCT
fbem-9576	47	8	and	and	CCONJ
fbem-9576	47	9	there	there	PRON
fbem-9576	47	10	are	be	VERB
fbem-9576	47	11	differences	difference	NOUN
fbem-9576	47	12	in	in	ADP
fbem-9576	47	13	the	the	DET
fbem-9576	47	14	degree	degree	NOUN
fbem-9576	47	15	of	of	ADP
fbem-9576	47	16	externalities	externality	NOUN
fbem-9576	47	17	of	of	ADP
fbem-9576	47	18	carbon	carbon	NOUN
fbem-9576	47	19	emissions	emission	NOUN
fbem-9576	47	20	.	.	PUNCT
fbem-9576	48	1	an	an	DET
fbem-9576	48	2	industry	industry	NOUN
fbem-9576	48	3	with	with	ADP
fbem-9576	48	4	high	high	ADJ
fbem-9576	48	5	negative	negative	ADJ
fbem-9576	48	6	externalities	externality	NOUN
fbem-9576	48	7	is	be	AUX
fbem-9576	48	8	prone	prone	ADJ
fbem-9576	48	9	to	to	ADP
fbem-9576	48	10	hitchhiking	hitchhike	VERB
fbem-9576	48	11	,	,	PUNCT
fbem-9576	48	12	and	and	CCONJ
fbem-9576	48	13	the	the	DET
fbem-9576	48	14	degree	degree	NOUN
fbem-9576	48	15	of	of	ADP
fbem-9576	48	16	innovation	innovation	NOUN
fbem-9576	48	17	is	be	AUX
fbem-9576	48	18	low	low	ADJ
fbem-9576	48	19	.	.	PUNCT
fbem-9576	49	1	we	we	PRON
fbem-9576	49	2	distinguished	distinguish	VERB
fbem-9576	49	3	the	the	DET
fbem-9576	49	4	manufacturing	manufacture	VERB
fbem-9576	49	5	156	156	NUM
fbem-9576	49	6	industry	industry	NOUN
fbem-9576	49	7	,	,	PUNCT
fbem-9576	49	8	the	the	DET
fbem-9576	49	9	power	power	NOUN
fbem-9576	49	10	production	production	NOUN
fbem-9576	49	11	or	or	CCONJ
fbem-9576	49	12	supply	supply	NOUN
fbem-9576	49	13	industry	industry	NOUN
fbem-9576	49	14	and	and	CCONJ
fbem-9576	49	15	the	the	DET
fbem-9576	49	16	construction	construction	NOUN
fbem-9576	49	17	industry	industry	NOUN
fbem-9576	49	18	,	,	PUNCT
fbem-9576	49	19	and	and	CCONJ
fbem-9576	49	20	tries	try	VERB
fbem-9576	49	21	to	to	PART
fbem-9576	49	22	observe	observe	VERB
fbem-9576	49	23	the	the	DET
fbem-9576	49	24	changes	change	NOUN
fbem-9576	49	25	of	of	ADP
fbem-9576	49	26	green	green	ADJ
fbem-9576	49	27	innovation	innovation	NOUN
fbem-9576	49	28	degree	degree	NOUN
fbem-9576	49	29	of	of	ADP
fbem-9576	49	30	firms	firm	NOUN
fbem-9576	49	31	in	in	ADP
fbem-9576	49	32	these	these	DET
fbem-9576	49	33	industries	industry	NOUN
fbem-9576	49	34	after	after	ADP
fbem-9576	49	35	the	the	DET
fbem-9576	49	36	implementation	implementation	NOUN
fbem-9576	49	37	of	of	ADP
fbem-9576	49	38	carbon	carbon	NOUN
fbem-9576	49	39	trading	trading	NOUN
fbem-9576	49	40	.	.	PUNCT
fbem-9576	50	1	the	the	DET
fbem-9576	50	2	results	result	NOUN
fbem-9576	50	3	in	in	ADP
fbem-9576	50	4	different	different	ADJ
fbem-9576	50	5	industries	industry	NOUN
fbem-9576	50	6	show	show	VERB
fbem-9576	50	7	that	that	SCONJ
fbem-9576	50	8	the	the	DET
fbem-9576	50	9	carbon	carbon	NOUN
fbem-9576	50	10	trading	trading	NOUN
fbem-9576	50	11	pilots	pilot	NOUN
fbem-9576	50	12	increased	increase	VERB
fbem-9576	50	13	firms	firm	NOUN
fbem-9576	50	14	’	’	PART
fbem-9576	50	15	green	green	ADJ
fbem-9576	50	16	innovation	innovation	NOUN
fbem-9576	50	17	in	in	ADP
fbem-9576	50	18	the	the	DET
fbem-9576	50	19	power	power	NOUN
fbem-9576	50	20	production	production	NOUN
fbem-9576	50	21	or	or	CCONJ
fbem-9576	50	22	supply	supply	NOUN
fbem-9576	50	23	industry	industry	NOUN
fbem-9576	50	24	,	,	PUNCT
fbem-9576	50	25	and	and	CCONJ
fbem-9576	50	26	in	in	ADP
fbem-9576	50	27	the	the	DET
fbem-9576	50	28	construction	construction	NOUN
fbem-9576	50	29	industry	industry	NOUN
fbem-9576	50	30	,	,	PUNCT
fbem-9576	50	31	but	but	CCONJ
fbem-9576	50	32	no	no	INTJ
fbem-9576	50	33	in	in	ADP
fbem-9576	50	34	the	the	DET
fbem-9576	50	35	manufacturing	manufacturing	NOUN
fbem-9576	50	36	industry	industry	NOUN
fbem-9576	50	37	.	.	PUNCT
fbem-9576	51	1	this	this	PRON
fbem-9576	51	2	means	mean	VERB
fbem-9576	51	3	that	that	SCONJ
fbem-9576	51	4	the	the	DET
fbem-9576	51	5	manufacturing	manufacturing	NOUN
fbem-9576	51	6	industry	industry	NOUN
fbem-9576	51	7	has	have	VERB
fbem-9576	51	8	high	high	ADJ
fbem-9576	51	9	externalities	externality	NOUN
fbem-9576	51	10	,	,	PUNCT
fbem-9576	51	11	easy	easy	ADJ
fbem-9576	51	12	hitchhiking	hitchhiking	NOUN
fbem-9576	51	13	and	and	CCONJ
fbem-9576	51	14	low	low	ADJ
fbem-9576	51	15	degree	degree	NOUN
fbem-9576	51	16	of	of	ADP
fbem-9576	51	17	innovation	innovation	NOUN
fbem-9576	51	18	.	.	PUNCT
fbem-9576	52	1	the	the	DET
fbem-9576	52	2	mechanism	mechanism	NOUN
fbem-9576	52	3	behind	behind	ADP
fbem-9576	52	4	the	the	DET
fbem-9576	52	5	influence	influence	NOUN
fbem-9576	52	6	of	of	ADP
fbem-9576	52	7	carbon	carbon	NOUN
fbem-9576	52	8	trading	trading	NOUN
fbem-9576	52	9	on	on	ADP
fbem-9576	52	10	firms	firm	NOUN
fbem-9576	52	11	’	'	PUNCT
fbem-9576	52	12	green	green	ADJ
fbem-9576	52	13	innovation	innovation	NOUN
fbem-9576	52	14	is	be	AUX
fbem-9576	52	15	also	also	ADV
fbem-9576	52	16	difficult	difficult	ADJ
fbem-9576	52	17	to	to	PART
fbem-9576	52	18	explore	explore	VERB
fbem-9576	52	19	.	.	PUNCT
fbem-9576	53	1	we	we	PRON
fbem-9576	53	2	discuss	discuss	VERB
fbem-9576	53	3	the	the	DET
fbem-9576	53	4	potential	potential	ADJ
fbem-9576	53	5	influence	influence	NOUN
fbem-9576	53	6	mechanism	mechanism	NOUN
fbem-9576	53	7	of	of	ADP
fbem-9576	53	8	carbon	carbon	NOUN
fbem-9576	53	9	trading	trading	NOUN
fbem-9576	53	10	on	on	ADP
fbem-9576	53	11	firms	firm	NOUN
fbem-9576	53	12	’	'	PUNCT
fbem-9576	53	13	green	green	ADJ
fbem-9576	53	14	innovation	innovation	NOUN
fbem-9576	53	15	from	from	ADP
fbem-9576	53	16	the	the	DET
fbem-9576	53	17	perspective	perspective	NOUN
fbem-9576	53	18	of	of	ADP
fbem-9576	53	19	externalities	externality	NOUN
fbem-9576	53	20	.	.	PUNCT
fbem-9576	54	1	externalities	externality	NOUN
fbem-9576	54	2	are	be	AUX
fbem-9576	54	3	the	the	DET
fbem-9576	54	4	spillover	spillover	NOUN
fbem-9576	54	5	effects	effect	NOUN
fbem-9576	54	6	,	,	PUNCT
fbem-9576	54	7	either	either	CCONJ
fbem-9576	54	8	positive	positive	ADJ
fbem-9576	54	9	or	or	CCONJ
fbem-9576	54	10	negative	negative	ADJ
fbem-9576	54	11	,	,	PUNCT
fbem-9576	54	12	that	that	PRON
fbem-9576	54	13	arise	arise	VERB
fbem-9576	54	14	from	from	ADP
fbem-9576	54	15	economic	economic	ADJ
fbem-9576	54	16	activities	activity	NOUN
fbem-9576	54	17	and	and	CCONJ
fbem-9576	54	18	affect	affect	VERB
fbem-9576	54	19	individuals	individual	NOUN
fbem-9576	54	20	or	or	CCONJ
fbem-9576	54	21	entities	entity	NOUN
fbem-9576	54	22	not	not	PART
fbem-9576	54	23	directly	directly	ADV
fbem-9576	54	24	involved	involve	VERB
fbem-9576	54	25	in	in	ADP
fbem-9576	54	26	those	those	DET
fbem-9576	54	27	activities	activity	NOUN
fbem-9576	54	28	.	.	PUNCT
fbem-9576	55	1	we	we	PRON
fbem-9576	55	2	suggest	suggest	VERB
fbem-9576	55	3	that	that	SCONJ
fbem-9576	55	4	the	the	PRON
fbem-9576	55	5	greater	great	ADJ
fbem-9576	55	6	the	the	DET
fbem-9576	55	7	externality	externality	NOUN
fbem-9576	55	8	,	,	PUNCT
fbem-9576	55	9	the	the	PRON
fbem-9576	55	10	more	more	ADJ
fbem-9576	55	11	it	it	PRON
fbem-9576	55	12	hinders	hinder	VERB
fbem-9576	55	13	the	the	DET
fbem-9576	55	14	green	green	ADJ
fbem-9576	55	15	innovation	innovation	NOUN
fbem-9576	55	16	of	of	ADP
fbem-9576	55	17	enterprises	enterprise	NOUN
fbem-9576	55	18	.	.	PUNCT
fbem-9576	56	1	therefore	therefore	ADV
fbem-9576	56	2	,	,	PUNCT
fbem-9576	56	3	we	we	PRON
fbem-9576	56	4	distinguish	distinguish	VERB
fbem-9576	56	5	different	different	ADJ
fbem-9576	56	6	industries	industry	NOUN
fbem-9576	56	7	,	,	PUNCT
fbem-9576	56	8	and	and	CCONJ
fbem-9576	56	9	there	there	PRON
fbem-9576	56	10	are	be	VERB
fbem-9576	56	11	differences	difference	NOUN
fbem-9576	56	12	in	in	ADP
fbem-9576	56	13	the	the	DET
fbem-9576	56	14	degree	degree	NOUN
fbem-9576	56	15	of	of	ADP
fbem-9576	56	16	externalities	externality	NOUN
fbem-9576	56	17	of	of	ADP
fbem-9576	56	18	carbon	carbon	NOUN
fbem-9576	56	19	emissions	emission	NOUN
fbem-9576	56	20	.	.	PUNCT
fbem-9576	57	1	an	an	DET
fbem-9576	57	2	industry	industry	NOUN
fbem-9576	57	3	with	with	ADP
fbem-9576	57	4	high	high	ADJ
fbem-9576	57	5	negative	negative	ADJ
fbem-9576	57	6	externalities	externality	NOUN
fbem-9576	57	7	is	be	AUX
fbem-9576	57	8	prone	prone	ADJ
fbem-9576	57	9	to	to	ADP
fbem-9576	57	10	hitchhiking	hitchhike	VERB
fbem-9576	57	11	,	,	PUNCT
fbem-9576	57	12	and	and	CCONJ
fbem-9576	57	13	the	the	DET
fbem-9576	57	14	degree	degree	NOUN
fbem-9576	57	15	of	of	ADP
fbem-9576	57	16	innovation	innovation	NOUN
fbem-9576	57	17	is	be	AUX
fbem-9576	57	18	low	low	ADJ
fbem-9576	57	19	.	.	PUNCT
fbem-9576	58	1	we	we	PRON
fbem-9576	58	2	distinguished	distinguish	VERB
fbem-9576	58	3	the	the	DET
fbem-9576	58	4	manufacturing	manufacturing	NOUN
fbem-9576	58	5	industry	industry	NOUN
fbem-9576	58	6	,	,	PUNCT
fbem-9576	58	7	the	the	DET
fbem-9576	58	8	power	power	NOUN
fbem-9576	58	9	production	production	NOUN
fbem-9576	58	10	or	or	CCONJ
fbem-9576	58	11	supply	supply	NOUN
fbem-9576	58	12	industry	industry	NOUN
fbem-9576	58	13	and	and	CCONJ
fbem-9576	58	14	the	the	DET
fbem-9576	58	15	construction	construction	NOUN
fbem-9576	58	16	industry	industry	NOUN
fbem-9576	58	17	and	and	CCONJ
fbem-9576	58	18	tried	try	VERB
fbem-9576	58	19	to	to	PART
fbem-9576	58	20	observe	observe	VERB
fbem-9576	58	21	the	the	DET
fbem-9576	58	22	changes	change	NOUN
fbem-9576	58	23	of	of	ADP
fbem-9576	58	24	green	green	ADJ
fbem-9576	58	25	innovation	innovation	NOUN
fbem-9576	58	26	degree	degree	NOUN
fbem-9576	58	27	of	of	ADP
fbem-9576	58	28	firms	firm	NOUN
fbem-9576	58	29	in	in	ADP
fbem-9576	58	30	these	these	DET
fbem-9576	58	31	industries	industry	NOUN
fbem-9576	58	32	after	after	ADP
fbem-9576	58	33	the	the	DET
fbem-9576	58	34	implementation	implementation	NOUN
fbem-9576	58	35	of	of	ADP
fbem-9576	58	36	carbon	carbon	NOUN
fbem-9576	58	37	trading	trading	NOUN
fbem-9576	58	38	.	.	PUNCT
fbem-9576	59	1	the	the	DET
fbem-9576	59	2	results	result	NOUN
fbem-9576	59	3	in	in	ADP
fbem-9576	59	4	different	different	ADJ
fbem-9576	59	5	industries	industry	NOUN
fbem-9576	59	6	show	show	VERB
fbem-9576	59	7	that	that	SCONJ
fbem-9576	59	8	carbon	carbon	NOUN
fbem-9576	59	9	trading	trading	NOUN
fbem-9576	59	10	pilots	pilot	NOUN
fbem-9576	59	11	increased	increase	VERB
fbem-9576	59	12	firms	firm	NOUN
fbem-9576	59	13	’	’	PART
fbem-9576	59	14	green	green	ADJ
fbem-9576	59	15	innovation	innovation	NOUN
fbem-9576	59	16	in	in	ADP
fbem-9576	59	17	the	the	DET
fbem-9576	59	18	power	power	NOUN
fbem-9576	59	19	production	production	NOUN
fbem-9576	59	20	or	or	CCONJ
fbem-9576	59	21	supply	supply	NOUN
fbem-9576	59	22	industry	industry	NOUN
fbem-9576	59	23	and	and	CCONJ
fbem-9576	59	24	in	in	ADP
fbem-9576	59	25	the	the	DET
fbem-9576	59	26	construction	construction	NOUN
fbem-9576	59	27	industry	industry	NOUN
fbem-9576	59	28	but	but	CCONJ
fbem-9576	59	29	not	not	PART
fbem-9576	59	30	in	in	ADP
fbem-9576	59	31	the	the	DET
fbem-9576	59	32	manufacturing	manufacturing	NOUN
fbem-9576	59	33	industry	industry	NOUN
fbem-9576	59	34	.	.	PUNCT
fbem-9576	60	1	this	this	PRON
fbem-9576	60	2	means	mean	VERB
fbem-9576	60	3	that	that	SCONJ
fbem-9576	60	4	the	the	DET
fbem-9576	60	5	manufacturing	manufacturing	NOUN
fbem-9576	60	6	industry	industry	NOUN
fbem-9576	60	7	has	have	VERB
fbem-9576	60	8	high	high	ADJ
fbem-9576	60	9	externalities	externality	NOUN
fbem-9576	60	10	,	,	PUNCT
fbem-9576	60	11	easy	easy	ADJ
fbem-9576	60	12	hitchhiking	hitchhiking	NOUN
fbem-9576	60	13	and	and	CCONJ
fbem-9576	60	14	low	low	ADJ
fbem-9576	60	15	degree	degree	NOUN
fbem-9576	60	16	of	of	ADP
fbem-9576	60	17	innovation	innovation	NOUN
fbem-9576	60	18	.	.	PUNCT
fbem-9576	61	1	this	this	DET
fbem-9576	61	2	paper	paper	NOUN
fbem-9576	61	3	has	have	VERB
fbem-9576	61	4	two	two	NUM
fbem-9576	61	5	major	major	ADJ
fbem-9576	61	6	contributions	contribution	NOUN
fbem-9576	61	7	to	to	ADP
fbem-9576	61	8	this	this	DET
fbem-9576	61	9	field	field	NOUN
fbem-9576	61	10	of	of	ADP
fbem-9576	61	11	study	study	NOUN
fbem-9576	61	12	.	.	PUNCT
fbem-9576	62	1	firstly	firstly	ADV
fbem-9576	62	2	,	,	PUNCT
fbem-9576	62	3	this	this	DET
fbem-9576	62	4	paper	paper	NOUN
fbem-9576	62	5	is	be	AUX
fbem-9576	62	6	the	the	DET
fbem-9576	62	7	first	first	ADJ
fbem-9576	62	8	to	to	PART
fbem-9576	62	9	include	include	VERB
fbem-9576	62	10	the	the	DET
fbem-9576	62	11	quality	quality	NOUN
fbem-9576	62	12	of	of	ADP
fbem-9576	62	13	green	green	ADJ
fbem-9576	62	14	innovation	innovation	NOUN
fbem-9576	62	15	into	into	ADP
fbem-9576	62	16	consideration	consideration	NOUN
fbem-9576	62	17	.	.	PUNCT
fbem-9576	63	1	the	the	DET
fbem-9576	63	2	majority	majority	NOUN
fbem-9576	63	3	of	of	ADP
fbem-9576	63	4	the	the	DET
fbem-9576	63	5	previous	previous	ADJ
fbem-9576	63	6	studies	study	NOUN
fbem-9576	63	7	used	use	VERB
fbem-9576	63	8	the	the	DET
fbem-9576	63	9	quantity	quantity	NOUN
fbem-9576	63	10	of	of	ADP
fbem-9576	63	11	green	green	ADJ
fbem-9576	63	12	patents	patent	NOUN
fbem-9576	63	13	as	as	ADP
fbem-9576	63	14	the	the	DET
fbem-9576	63	15	sole	sole	ADJ
fbem-9576	63	16	indicator	indicator	NOUN
fbem-9576	63	17	of	of	ADP
fbem-9576	63	18	performance	performance	NOUN
fbem-9576	63	19	in	in	ADP
fbem-9576	63	20	green	green	ADJ
fbem-9576	63	21	innovation	innovation	NOUN
fbem-9576	63	22	,	,	PUNCT
fbem-9576	63	23	which	which	PRON
fbem-9576	63	24	could	could	AUX
fbem-9576	63	25	be	be	AUX
fbem-9576	63	26	misleading	mislead	VERB
fbem-9576	63	27	in	in	ADP
fbem-9576	63	28	cases	case	NOUN
fbem-9576	63	29	where	where	SCONJ
fbem-9576	63	30	the	the	DET
fbem-9576	63	31	quantity	quantity	NOUN
fbem-9576	63	32	of	of	ADP
fbem-9576	63	33	green	green	ADJ
fbem-9576	63	34	innovations	innovation	NOUN
fbem-9576	63	35	increased	increase	VERB
fbem-9576	63	36	while	while	SCONJ
fbem-9576	63	37	the	the	DET
fbem-9576	63	38	quality	quality	NOUN
fbem-9576	63	39	decreased	decrease	VERB
fbem-9576	63	40	.	.	PUNCT
fbem-9576	64	1	in	in	ADP
fbem-9576	64	2	addition	addition	NOUN
fbem-9576	64	3	,	,	PUNCT
fbem-9576	64	4	this	this	DET
fbem-9576	64	5	method	method	NOUN
fbem-9576	64	6	also	also	ADV
fbem-9576	64	7	fails	fail	VERB
fbem-9576	64	8	to	to	PART
fbem-9576	64	9	differentiate	differentiate	VERB
fbem-9576	64	10	innovations	innovation	NOUN
fbem-9576	64	11	that	that	PRON
fbem-9576	64	12	contribute	contribute	VERB
fbem-9576	64	13	greatly	greatly	ADV
fbem-9576	64	14	to	to	ADP
fbem-9576	64	15	technological	technological	ADJ
fbem-9576	64	16	developments	development	NOUN
fbem-9576	64	17	from	from	ADP
fbem-9576	64	18	innovations	innovation	NOUN
fbem-9576	64	19	that	that	PRON
fbem-9576	64	20	do	do	VERB
fbem-9576	64	21	not	not	PART
fbem-9576	64	22	.	.	PUNCT
fbem-9576	65	1	therefore	therefore	ADV
fbem-9576	65	2	,	,	PUNCT
fbem-9576	65	3	in	in	ADP
fbem-9576	65	4	order	order	NOUN
fbem-9576	65	5	to	to	PART
fbem-9576	65	6	accurately	accurately	ADV
fbem-9576	65	7	measure	measure	VERB
fbem-9576	65	8	the	the	DET
fbem-9576	65	9	level	level	NOUN
fbem-9576	65	10	of	of	ADP
fbem-9576	65	11	green	green	ADJ
fbem-9576	65	12	innovation	innovation	NOUN
fbem-9576	65	13	,	,	PUNCT
fbem-9576	65	14	it	it	PRON
fbem-9576	65	15	is	be	AUX
fbem-9576	65	16	essential	essential	ADJ
fbem-9576	65	17	to	to	PART
fbem-9576	65	18	measure	measure	VERB
fbem-9576	65	19	both	both	CCONJ
fbem-9576	65	20	the	the	DET
fbem-9576	65	21	quantity	quantity	NOUN
fbem-9576	65	22	and	and	CCONJ
fbem-9576	65	23	quality	quality	NOUN
fbem-9576	65	24	of	of	ADP
fbem-9576	65	25	green	green	ADJ
fbem-9576	65	26	innovation	innovation	NOUN
fbem-9576	65	27	as	as	SCONJ
fbem-9576	65	28	it	it	PRON
fbem-9576	65	29	is	be	AUX
fbem-9576	65	30	more	more	ADV
fbem-9576	65	31	comprehensive	comprehensive	ADJ
fbem-9576	65	32	and	and	CCONJ
fbem-9576	65	33	holistic	holistic	ADJ
fbem-9576	65	34	.	.	PUNCT
fbem-9576	66	1	to	to	PART
fbem-9576	66	2	measure	measure	VERB
fbem-9576	66	3	the	the	DET
fbem-9576	66	4	quality	quality	NOUN
fbem-9576	66	5	of	of	ADP
fbem-9576	66	6	innovation	innovation	NOUN
fbem-9576	66	7	,	,	PUNCT
fbem-9576	66	8	this	this	DET
fbem-9576	66	9	paper	paper	NOUN
fbem-9576	66	10	referenced	reference	VERB
fbem-9576	66	11	the	the	DET
fbem-9576	66	12	methodology	methodology	NOUN
fbem-9576	66	13	of	of	ADP
fbem-9576	66	14	yang	yang	PROPN
fbem-9576	67	1	[	[	X
fbem-9576	67	2	13	13	NUM
fbem-9576	67	3	]	]	PUNCT
fbem-9576	67	4	,	,	PUNCT
fbem-9576	67	5	where	where	SCONJ
fbem-9576	67	6	the	the	DET
fbem-9576	67	7	quality	quality	NOUN
fbem-9576	67	8	of	of	ADP
fbem-9576	67	9	patents	patent	NOUN
fbem-9576	67	10	is	be	AUX
fbem-9576	67	11	calculated	calculate	VERB
fbem-9576	67	12	using	use	VERB
fbem-9576	67	13	an	an	DET
fbem-9576	67	14	equation	equation	NOUN
fbem-9576	67	15	modeled	model	VERB
fbem-9576	67	16	after	after	ADP
fbem-9576	67	17	the	the	DET
fbem-9576	67	18	equation	equation	NOUN
fbem-9576	67	19	of	of	ADP
fbem-9576	67	20	market	market	NOUN
fbem-9576	67	21	concentration	concentration	NOUN
fbem-9576	67	22	.	.	PUNCT
fbem-9576	68	1	secondly	secondly	ADV
fbem-9576	68	2	,	,	PUNCT
fbem-9576	68	3	this	this	DET
fbem-9576	68	4	paper	paper	NOUN
fbem-9576	68	5	is	be	AUX
fbem-9576	68	6	also	also	ADV
fbem-9576	68	7	the	the	DET
fbem-9576	68	8	first	first	ADJ
fbem-9576	68	9	to	to	PART
fbem-9576	68	10	give	give	VERB
fbem-9576	68	11	a	a	DET
fbem-9576	68	12	perspective	perspective	NOUN
fbem-9576	68	13	of	of	ADP
fbem-9576	68	14	externalities	externality	NOUN
fbem-9576	68	15	and	and	CCONJ
fbem-9576	68	16	measure	measure	VERB
fbem-9576	68	17	the	the	DET
fbem-9576	68	18	difference	difference	NOUN
fbem-9576	68	19	in	in	ADP
fbem-9576	68	20	the	the	DET
fbem-9576	68	21	effect	effect	NOUN
fbem-9576	68	22	of	of	ADP
fbem-9576	68	23	carbon	carbon	NOUN
fbem-9576	68	24	trading	trading	NOUN
fbem-9576	68	25	pilots	pilot	NOUN
fbem-9576	68	26	on	on	ADP
fbem-9576	68	27	the	the	DET
fbem-9576	68	28	level	level	NOUN
fbem-9576	68	29	of	of	ADP
fbem-9576	68	30	green	green	ADJ
fbem-9576	68	31	innovation	innovation	NOUN
fbem-9576	68	32	in	in	ADP
fbem-9576	68	33	different	different	ADJ
fbem-9576	68	34	industries	industry	NOUN
fbem-9576	68	35	.	.	PUNCT
fbem-9576	69	1	this	this	DET
fbem-9576	69	2	paper	paper	NOUN
fbem-9576	69	3	categorized	categorize	VERB
fbem-9576	69	4	industrial	industrial	ADJ
fbem-9576	69	5	firms	firm	NOUN
fbem-9576	69	6	into	into	ADP
fbem-9576	69	7	3	3	NUM
fbem-9576	69	8	large	large	ADJ
fbem-9576	69	9	industries	industry	NOUN
fbem-9576	69	10	:	:	PUNCT
fbem-9576	69	11	the	the	DET
fbem-9576	69	12	manufacturing	manufacturing	NOUN
fbem-9576	69	13	industry	industry	NOUN
fbem-9576	69	14	,	,	PUNCT
fbem-9576	69	15	the	the	DET
fbem-9576	69	16	electric	electric	ADJ
fbem-9576	69	17	power	power	NOUN
fbem-9576	69	18	industry	industry	NOUN
fbem-9576	69	19	and	and	CCONJ
fbem-9576	69	20	the	the	DET
fbem-9576	69	21	construction	construction	NOUN
fbem-9576	69	22	industry	industry	NOUN
fbem-9576	69	23	.	.	PUNCT
fbem-9576	70	1	by	by	ADP
fbem-9576	70	2	analyzing	analyze	VERB
fbem-9576	70	3	how	how	SCONJ
fbem-9576	70	4	the	the	DET
fbem-9576	70	5	relationship	relationship	NOUN
fbem-9576	70	6	between	between	ADP
fbem-9576	70	7	carbon	carbon	NOUN
fbem-9576	70	8	trading	trading	NOUN
fbem-9576	70	9	pilots	pilot	NOUN
fbem-9576	70	10	and	and	CCONJ
fbem-9576	70	11	the	the	DET
fbem-9576	70	12	level	level	NOUN
fbem-9576	70	13	of	of	ADP
fbem-9576	70	14	green	green	ADJ
fbem-9576	70	15	innovation	innovation	NOUN
fbem-9576	70	16	alters	alter	VERB
fbem-9576	70	17	in	in	ADP
fbem-9576	70	18	these	these	DET
fbem-9576	70	19	industries	industry	NOUN
fbem-9576	70	20	,	,	PUNCT
fbem-9576	70	21	this	this	DET
fbem-9576	70	22	paper	paper	NOUN
fbem-9576	70	23	further	far	ADV
fbem-9576	70	24	contributes	contribute	VERB
fbem-9576	70	25	to	to	ADP
fbem-9576	70	26	the	the	DET
fbem-9576	70	27	understanding	understanding	NOUN
fbem-9576	70	28	of	of	ADP
fbem-9576	70	29	the	the	DET
fbem-9576	70	30	structural	structural	ADJ
fbem-9576	70	31	differences	difference	NOUN
fbem-9576	70	32	between	between	ADP
fbem-9576	70	33	different	different	ADJ
fbem-9576	70	34	industries	industry	NOUN
fbem-9576	70	35	as	as	ADV
fbem-9576	70	36	well	well	ADV
fbem-9576	70	37	as	as	ADP
fbem-9576	70	38	the	the	DET
fbem-9576	70	39	suitability	suitability	NOUN
fbem-9576	70	40	and	and	CCONJ
fbem-9576	70	41	effectiveness	effectiveness	NOUN
fbem-9576	70	42	of	of	ADP
fbem-9576	70	43	carbon	carbon	NOUN
fbem-9576	70	44	trading	trading	NOUN
fbem-9576	70	45	pilots	pilot	NOUN
fbem-9576	70	46	in	in	ADP
fbem-9576	70	47	each	each	DET
fbem-9576	70	48	industry	industry	NOUN
fbem-9576	70	49	.	.	PUNCT
fbem-9576	71	1	the	the	DET
fbem-9576	71	2	rest	rest	NOUN
fbem-9576	71	3	of	of	ADP
fbem-9576	71	4	the	the	DET
fbem-9576	71	5	paper	paper	NOUN
fbem-9576	71	6	is	be	AUX
fbem-9576	71	7	organized	organize	VERB
fbem-9576	71	8	as	as	SCONJ
fbem-9576	71	9	follows	follow	VERB
fbem-9576	71	10	.	.	PUNCT
fbem-9576	72	1	we	we	PRON
fbem-9576	72	2	introduce	introduce	VERB
fbem-9576	72	3	the	the	DET
fbem-9576	72	4	background	background	NOUN
fbem-9576	72	5	of	of	ADP
fbem-9576	72	6	carbon	carbon	NOUN
fbem-9576	72	7	trading	trading	NOUN
fbem-9576	72	8	pilots	pilot	NOUN
fbem-9576	72	9	in	in	ADP
fbem-9576	72	10	section	section	NOUN
fbem-9576	72	11	2	2	NUM
fbem-9576	72	12	.	.	PUNCT
fbem-9576	73	1	we	we	PRON
fbem-9576	73	2	introduce	introduce	VERB
fbem-9576	73	3	the	the	DET
fbem-9576	73	4	data	datum	NOUN
fbem-9576	73	5	in	in	ADP
fbem-9576	73	6	section	section	NOUN
fbem-9576	73	7	3	3	NUM
fbem-9576	73	8	.	.	PUNCT
fbem-9576	74	1	we	we	PRON
fbem-9576	74	2	present	present	VERB
fbem-9576	74	3	our	our	PRON
fbem-9576	74	4	empirical	empirical	ADJ
fbem-9576	74	5	strategy	strategy	NOUN
fbem-9576	74	6	and	and	CCONJ
fbem-9576	74	7	results	result	NOUN
fbem-9576	74	8	in	in	ADP
fbem-9576	74	9	section	section	NOUN
fbem-9576	74	10	4	4	NUM
fbem-9576	74	11	.	.	PUNCT
fbem-9576	75	1	we	we	PRON
fbem-9576	75	2	discuss	discuss	VERB
fbem-9576	75	3	the	the	DET
fbem-9576	75	4	mechanism	mechanism	NOUN
fbem-9576	75	5	of	of	ADP
fbem-9576	75	6	externalities	externality	NOUN
fbem-9576	75	7	in	in	ADP
fbem-9576	75	8	section	section	NOUN
fbem-9576	75	9	5	5	NUM
fbem-9576	75	10	.	.	PUNCT
fbem-9576	76	1	we	we	PRON
fbem-9576	76	2	conclude	conclude	VERB
fbem-9576	76	3	in	in	ADP
fbem-9576	76	4	section	section	NOUN
fbem-9576	76	5	6	6	NUM
fbem-9576	76	6	.	.	NOUN
fbem-9576	76	7	2	2	NUM
fbem-9576	76	8	.	.	X
fbem-9576	76	9	background	background	NOUN
fbem-9576	76	10	as	as	SCONJ
fbem-9576	76	11	greenhouse	greenhouse	NOUN
fbem-9576	76	12	gas	gas	NOUN
fbem-9576	76	13	concentrations	concentration	NOUN
fbem-9576	76	14	are	be	AUX
fbem-9576	76	15	at	at	ADP
fbem-9576	76	16	their	their	PRON
fbem-9576	76	17	highest	high	ADJ
fbem-9576	76	18	level	level	NOUN
fbem-9576	76	19	in	in	ADP
fbem-9576	76	20	2	2	NUM
fbem-9576	76	21	million	million	NUM
fbem-9576	76	22	years	year	NOUN
fbem-9576	76	23	,	,	PUNCT
fbem-9576	76	24	countries	country	NOUN
fbem-9576	76	25	are	be	AUX
fbem-9576	76	26	making	make	VERB
fbem-9576	76	27	various	various	ADJ
fbem-9576	76	28	attempts	attempt	NOUN
fbem-9576	76	29	to	to	PART
fbem-9576	76	30	reduce	reduce	VERB
fbem-9576	76	31	co2	co2	NOUN
fbem-9576	76	32	emissions	emission	NOUN
fbem-9576	76	33	,	,	PUNCT
fbem-9576	76	34	the	the	DET
fbem-9576	76	35	greatest	great	ADJ
fbem-9576	76	36	contributor	contributor	NOUN
fbem-9576	76	37	to	to	ADP
fbem-9576	76	38	greenhouse	greenhouse	NOUN
fbem-9576	76	39	gas	gas	NOUN
fbem-9576	76	40	emissions	emission	NOUN
fbem-9576	76	41	,	,	PUNCT
fbem-9576	76	42	to	to	PART
fbem-9576	76	43	prevent	prevent	VERB
fbem-9576	76	44	consequences	consequence	NOUN
fbem-9576	76	45	such	such	ADJ
fbem-9576	76	46	as	as	ADP
fbem-9576	76	47	droughts	drought	NOUN
fbem-9576	76	48	,	,	PUNCT
fbem-9576	76	49	rising	rise	VERB
fbem-9576	76	50	sea	sea	NOUN
fbem-9576	76	51	levels	level	NOUN
fbem-9576	76	52	and	and	CCONJ
fbem-9576	76	53	extinction	extinction	NOUN
fbem-9576	76	54	.	.	PUNCT
fbem-9576	77	1	one	one	NUM
fbem-9576	77	2	of	of	ADP
fbem-9576	77	3	the	the	DET
fbem-9576	77	4	most	most	ADV
fbem-9576	77	5	prominent	prominent	ADJ
fbem-9576	77	6	international	international	ADJ
fbem-9576	77	7	policies	policy	NOUN
fbem-9576	77	8	was	be	AUX
fbem-9576	77	9	the	the	DET
fbem-9576	77	10	kyoto	kyoto	PROPN
fbem-9576	77	11	protocol	protocol	NOUN
fbem-9576	77	12	,	,	PUNCT
fbem-9576	77	13	which	which	PRON
fbem-9576	77	14	laid	lay	VERB
fbem-9576	77	15	the	the	DET
fbem-9576	77	16	foundation	foundation	NOUN
fbem-9576	77	17	of	of	ADP
fbem-9576	77	18	modern	modern	ADJ
fbem-9576	77	19	greenhouse	greenhouse	NOUN
fbem-9576	77	20	gas	gas	NOUN
fbem-9576	77	21	(	(	PUNCT
fbem-9576	77	22	ghg	ghg	PROPN
fbem-9576	77	23	)	)	PUNCT
fbem-9576	77	24	emission	emission	NOUN
fbem-9576	77	25	reduction	reduction	NOUN
fbem-9576	77	26	schemes	scheme	NOUN
fbem-9576	77	27	.	.	PUNCT
fbem-9576	78	1	ratified	ratify	VERB
fbem-9576	78	2	in	in	ADP
fbem-9576	78	3	2005	2005	NUM
fbem-9576	78	4	with	with	ADP
fbem-9576	78	5	the	the	DET
fbem-9576	78	6	participation	participation	NOUN
fbem-9576	78	7	of	of	ADP
fbem-9576	78	8	192	192	NUM
fbem-9576	78	9	parties	party	NOUN
fbem-9576	78	10	,	,	PUNCT
fbem-9576	78	11	the	the	DET
fbem-9576	78	12	protocol	protocol	NOUN
fbem-9576	78	13	targeted	target	VERB
fbem-9576	78	14	an	an	DET
fbem-9576	78	15	average	average	ADJ
fbem-9576	78	16	5	5	NUM
fbem-9576	78	17	%	%	NOUN
fbem-9576	78	18	emission	emission	NOUN
fbem-9576	78	19	reduction	reduction	NOUN
fbem-9576	78	20	from	from	ADP
fbem-9576	78	21	2008	2008	NUM
fbem-9576	78	22	-	-	SYM
fbem-9576	78	23	2012	2012	NUM
fbem-9576	78	24	in	in	ADP
fbem-9576	78	25	comparison	comparison	NOUN
fbem-9576	78	26	to	to	ADP
fbem-9576	78	27	the	the	DET
fbem-9576	78	28	1990	1990	NUM
fbem-9576	78	29	levels	level	NOUN
fbem-9576	78	30	.	.	PUNCT
fbem-9576	79	1	the	the	DET
fbem-9576	79	2	kyoto	kyoto	PROPN
fbem-9576	79	3	protocol	protocol	PROPN
fbem-9576	79	4	was	be	AUX
fbem-9576	79	5	amended	amend	VERB
fbem-9576	79	6	in	in	ADP
fbem-9576	79	7	2012	2012	NUM
fbem-9576	79	8	,	,	PUNCT
fbem-9576	79	9	which	which	PRON
fbem-9576	79	10	initiated	initiate	VERB
fbem-9576	79	11	the	the	DET
fbem-9576	79	12	second	second	ADJ
fbem-9576	79	13	commitment	commitment	NOUN
fbem-9576	79	14	period	period	NOUN
fbem-9576	79	15	starting	start	VERB
fbem-9576	79	16	from	from	ADP
fbem-9576	79	17	2013	2013	NUM
fbem-9576	79	18	to	to	ADP
fbem-9576	79	19	2020	2020	NUM
fbem-9576	79	20	.	.	PUNCT
fbem-9576	80	1	in	in	ADP
fbem-9576	80	2	comparison	comparison	NOUN
fbem-9576	80	3	to	to	ADP
fbem-9576	80	4	other	other	ADJ
fbem-9576	80	5	ghg	ghg	PROPN
fbem-9576	80	6	emission	emission	NOUN
fbem-9576	80	7	reduction	reduction	NOUN
fbem-9576	80	8	schemes	scheme	NOUN
fbem-9576	80	9	,	,	PUNCT
fbem-9576	80	10	the	the	DET
fbem-9576	80	11	kyoto	kyoto	PROPN
fbem-9576	80	12	protocol	protocol	PROPN
fbem-9576	80	13	was	be	AUX
fbem-9576	80	14	market	market	NOUN
fbem-9576	80	15	-	-	PUNCT
fbem-9576	80	16	oriented	orient	VERB
fbem-9576	80	17	with	with	ADP
fbem-9576	80	18	flexible	flexible	ADJ
fbem-9576	80	19	market	market	NOUN
fbem-9576	80	20	mechanisms[14	mechanisms[14	PROPN
fbem-9576	80	21	]	]	PUNCT
fbem-9576	80	22	.	.	PUNCT
fbem-9576	81	1	article	article	NOUN
fbem-9576	81	2	17	17	NUM
fbem-9576	81	3	of	of	ADP
fbem-9576	81	4	the	the	DET
fbem-9576	81	5	kyoto	kyoto	PROPN
fbem-9576	81	6	protocol	protocol	PROPN
fbem-9576	81	7	allowed	allow	VERB
fbem-9576	81	8	countries	country	NOUN
fbem-9576	81	9	that	that	PRON
fbem-9576	81	10	have	have	VERB
fbem-9576	81	11	units	unit	NOUN
fbem-9576	81	12	of	of	ADP
fbem-9576	81	13	emission	emission	NOUN
fbem-9576	81	14	permitted	permit	VERB
fbem-9576	81	15	but	but	CCONJ
fbem-9576	81	16	not	not	PART
fbem-9576	81	17	used	use	VERB
fbem-9576	81	18	to	to	PART
fbem-9576	81	19	sell	sell	VERB
fbem-9576	81	20	those	those	DET
fbem-9576	81	21	permits	permit	NOUN
fbem-9576	81	22	to	to	ADP
fbem-9576	81	23	countries	country	NOUN
fbem-9576	81	24	that	that	PRON
fbem-9576	81	25	are	be	AUX
fbem-9576	81	26	over	over	ADP
fbem-9576	81	27	their	their	PRON
fbem-9576	81	28	capacity[15	capacity[15	NOUN
fbem-9576	81	29	]	]	PUNCT
fbem-9576	81	30	.	.	PUNCT
fbem-9576	82	1	such	such	ADJ
fbem-9576	82	2	mechanism	mechanism	NOUN
fbem-9576	82	3	boosted	boost	VERB
fbem-9576	82	4	the	the	DET
fbem-9576	82	5	cost	cost	NOUN
fbem-9576	82	6	-	-	PUNCT
fbem-9576	82	7	effectiveness	effectiveness	NOUN
fbem-9576	82	8	of	of	ADP
fbem-9576	82	9	greenhouse	greenhouse	NOUN
fbem-9576	82	10	gas	gas	NOUN
fbem-9576	82	11	emission	emission	NOUN
fbem-9576	82	12	abatement	abatement	NOUN
fbem-9576	82	13	while	while	SCONJ
fbem-9576	82	14	it	it	PRON
fbem-9576	82	15	also	also	ADV
fbem-9576	82	16	encouraged	encourage	VERB
fbem-9576	82	17	green	green	ADJ
fbem-9576	82	18	investment	investment	NOUN
fbem-9576	82	19	in	in	ADP
fbem-9576	82	20	private	private	ADJ
fbem-9576	82	21	sectors	sector	NOUN
fbem-9576	82	22	as	as	ADV
fbem-9576	82	23	well	well	ADV
fbem-9576	82	24	as	as	ADP
fbem-9576	82	25	the	the	DET
fbem-9576	82	26	development	development	NOUN
fbem-9576	82	27	of	of	ADP
fbem-9576	82	28	cleaner	clean	ADJ
fbem-9576	82	29	infrastructures	infrastructure	NOUN
fbem-9576	82	30	.	.	PUNCT
fbem-9576	83	1	the	the	DET
fbem-9576	83	2	world	world	NOUN
fbem-9576	83	3	’s	’s	PART
fbem-9576	83	4	first	first	ADJ
fbem-9576	83	5	and	and	CCONJ
fbem-9576	83	6	largest	large	ADJ
fbem-9576	83	7	carbon	carbon	NOUN
fbem-9576	83	8	market	market	NOUN
fbem-9576	83	9	was	be	AUX
fbem-9576	83	10	the	the	DET
fbem-9576	83	11	emission	emission	NOUN
fbem-9576	83	12	trading	trading	NOUN
fbem-9576	83	13	system	system	NOUN
fbem-9576	83	14	in	in	ADP
fbem-9576	83	15	the	the	DET
fbem-9576	83	16	european	european	PROPN
fbem-9576	83	17	union[16	union[16	PROPN
fbem-9576	83	18	]	]	PUNCT
fbem-9576	83	19	.	.	PUNCT
fbem-9576	84	1	china	china	PROPN
fbem-9576	84	2	,	,	PUNCT
fbem-9576	84	3	being	be	AUX
fbem-9576	84	4	the	the	DET
fbem-9576	84	5	world	world	NOUN
fbem-9576	84	6	’s	’s	PART
fbem-9576	84	7	most	most	ADV
fbem-9576	84	8	populous	populous	ADJ
fbem-9576	84	9	country	country	NOUN
fbem-9576	84	10	and	and	CCONJ
fbem-9576	84	11	the	the	DET
fbem-9576	84	12	largest	large	ADJ
fbem-9576	84	13	emitter	emitter	NOUN
fbem-9576	84	14	of	of	ADP
fbem-9576	84	15	carbon	carbon	NOUN
fbem-9576	84	16	dioxide[11	dioxide[11	PROPN
fbem-9576	84	17	]	]	X
fbem-9576	84	18	,	,	PUNCT
fbem-9576	84	19	also	also	ADV
fbem-9576	84	20	initiated	initiate	VERB
fbem-9576	84	21	carbon	carbon	NOUN
fbem-9576	84	22	trading	trading	NOUN
fbem-9576	84	23	pilot	pilot	NOUN
fbem-9576	84	24	schemes	scheme	NOUN
fbem-9576	84	25	since	since	SCONJ
fbem-9576	84	26	2011	2011	NUM
fbem-9576	84	27	to	to	PART
fbem-9576	84	28	reduce	reduce	VERB
fbem-9576	84	29	carbon	carbon	NOUN
fbem-9576	84	30	emissions	emission	NOUN
fbem-9576	84	31	.	.	PUNCT
fbem-9576	85	1	in	in	ADP
fbem-9576	85	2	2011	2011	NUM
fbem-9576	85	3	,	,	PUNCT
fbem-9576	85	4	the	the	DET
fbem-9576	85	5	chinese	chinese	ADJ
fbem-9576	85	6	national	national	PROPN
fbem-9576	85	7	development	development	PROPN
fbem-9576	85	8	and	and	CCONJ
fbem-9576	85	9	reform	reform	NOUN
fbem-9576	85	10	commission	commission	PROPN
fbem-9576	85	11	initiated	initiate	VERB
fbem-9576	85	12	carbon	carbon	NOUN
fbem-9576	85	13	trading	trading	NOUN
fbem-9576	85	14	pilot	pilot	NOUN
fbem-9576	85	15	schemes	scheme	NOUN
fbem-9576	85	16	in	in	ADP
fbem-9576	85	17	six	six	NUM
fbem-9576	85	18	provinces	province	NOUN
fbem-9576	85	19	:	:	PUNCT
fbem-9576	85	20	shanghai	shanghai	PROPN
fbem-9576	85	21	,	,	PUNCT
fbem-9576	85	22	beijing	beijing	PROPN
fbem-9576	85	23	,	,	PUNCT
fbem-9576	85	24	hubei	hubei	PROPN
fbem-9576	85	25	,	,	PUNCT
fbem-9576	85	26	guangdong	guangdong	PROPN
fbem-9576	85	27	,	,	PUNCT
fbem-9576	85	28	shenzhen	shenzhen	PROPN
fbem-9576	85	29	and	and	CCONJ
fbem-9576	85	30	tianjin	tianjin	PROPN
fbem-9576	85	31	.	.	PUNCT
fbem-9576	86	1	in	in	ADP
fbem-9576	86	2	2016	2016	NUM
fbem-9576	86	3	,	,	PUNCT
fbem-9576	86	4	fujian	fujian	PROPN
fbem-9576	86	5	became	become	VERB
fbem-9576	86	6	a	a	DET
fbem-9576	86	7	carbon	carbon	NOUN
fbem-9576	86	8	trading	trading	NOUN
fbem-9576	86	9	pilot	pilot	NOUN
fbem-9576	86	10	province	province	NOUN
fbem-9576	86	11	.	.	PUNCT
fbem-9576	87	1	carbon	carbon	NOUN
fbem-9576	87	2	trading	trading	NOUN
fbem-9576	87	3	refers	refer	VERB
fbem-9576	87	4	to	to	ADP
fbem-9576	87	5	the	the	DET
fbem-9576	87	6	trading	trading	NOUN
fbem-9576	87	7	of	of	ADP
fbem-9576	87	8	carbon	carbon	NOUN
fbem-9576	87	9	emission	emission	NOUN
fbem-9576	87	10	rights	right	NOUN
fbem-9576	87	11	.	.	PUNCT
fbem-9576	88	1	in	in	ADP
fbem-9576	88	2	essence	essence	NOUN
fbem-9576	88	3	,	,	PUNCT
fbem-9576	88	4	the	the	DET
fbem-9576	88	5	government	government	NOUN
fbem-9576	88	6	determines	determine	VERB
fbem-9576	88	7	the	the	DET
fbem-9576	88	8	total	total	ADJ
fbem-9576	88	9	carbon	carbon	NOUN
fbem-9576	88	10	emission	emission	NOUN
fbem-9576	88	11	target	target	NOUN
fbem-9576	88	12	and	and	CCONJ
fbem-9576	88	13	then	then	ADV
fbem-9576	88	14	defines	define	VERB
fbem-9576	88	15	a	a	DET
fbem-9576	88	16	carbon	carbon	NOUN
fbem-9576	88	17	emission	emission	NOUN
fbem-9576	88	18	quota	quota	NOUN
fbem-9576	88	19	for	for	ADP
fbem-9576	88	20	emitters	emitter	NOUN
fbem-9576	88	21	.	.	PUNCT
fbem-9576	89	1	due	due	ADP
fbem-9576	89	2	to	to	ADP
fbem-9576	89	3	adjustments	adjustment	NOUN
fbem-9576	89	4	in	in	ADP
fbem-9576	89	5	actual	actual	ADJ
fbem-9576	89	6	business	business	NOUN
fbem-9576	89	7	situations	situation	NOUN
fbem-9576	89	8	,	,	PUNCT
fbem-9576	89	9	emitters	emitter	NOUN
fbem-9576	89	10	need	need	VERB
fbem-9576	89	11	to	to	PART
fbem-9576	89	12	trade	trade	VERB
fbem-9576	89	13	carbon	carbon	NOUN
fbem-9576	89	14	quotas	quota	NOUN
fbem-9576	89	15	freely	freely	ADV
fbem-9576	89	16	in	in	ADP
fbem-9576	89	17	the	the	DET
fbem-9576	89	18	market	market	NOUN
fbem-9576	89	19	which	which	PRON
fbem-9576	89	20	is	be	AUX
fbem-9576	89	21	called	call	VERB
fbem-9576	89	22	carbon	carbon	NOUN
fbem-9576	89	23	trading	trading	NOUN
fbem-9576	89	24	.	.	PUNCT
fbem-9576	90	1	therefore	therefore	ADV
fbem-9576	90	2	,	,	PUNCT
fbem-9576	90	3	carbon	carbon	NOUN
fbem-9576	90	4	emissions	emission	NOUN
fbem-9576	90	5	have	have	AUX
fbem-9576	90	6	become	become	VERB
fbem-9576	90	7	valuable	valuable	ADJ
fbem-9576	90	8	assets	asset	NOUN
fbem-9576	90	9	that	that	PRON
fbem-9576	90	10	can	can	AUX
fbem-9576	90	11	be	be	AUX
fbem-9576	90	12	exchanged	exchange	VERB
fbem-9576	90	13	as	as	ADP
fbem-9576	90	14	commodities	commodity	NOUN
fbem-9576	90	15	in	in	ADP
fbem-9576	90	16	the	the	DET
fbem-9576	90	17	market	market	NOUN
fbem-9576	90	18	.	.	PUNCT
fbem-9576	91	1	3	3	X
fbem-9576	91	2	.	.	X
fbem-9576	91	3	data	datum	NOUN
fbem-9576	91	4	this	this	DET
fbem-9576	91	5	study	study	NOUN
fbem-9576	91	6	used	use	VERB
fbem-9576	91	7	the	the	DET
fbem-9576	91	8	data	datum	NOUN
fbem-9576	91	9	of	of	ADP
fbem-9576	91	10	industrial	industrial	ADJ
fbem-9576	91	11	a	a	ADV
fbem-9576	91	12	-	-	PUNCT
fbem-9576	91	13	shared	share	VERB
fbem-9576	91	14	listed	list	VERB
fbem-9576	91	15	companies	company	NOUN
fbem-9576	91	16	in	in	ADP
fbem-9576	91	17	china	china	PROPN
fbem-9576	91	18	from	from	ADP
fbem-9576	91	19	2000	2000	NUM
fbem-9576	91	20	-	-	SYM
fbem-9576	91	21	2021	2021	NUM
fbem-9576	91	22	to	to	PART
fbem-9576	91	23	analyze	analyze	VERB
fbem-9576	91	24	the	the	DET
fbem-9576	91	25	effect	effect	NOUN
fbem-9576	91	26	of	of	ADP
fbem-9576	91	27	carbon	carbon	NOUN
fbem-9576	91	28	emission	emission	NOUN
fbem-9576	91	29	permit	permit	NOUN
fbem-9576	91	30	trading	trading	NOUN
fbem-9576	91	31	on	on	ADP
fbem-9576	91	32	green	green	ADJ
fbem-9576	91	33	innovations	innovation	NOUN
fbem-9576	91	34	.	.	PUNCT
fbem-9576	92	1	the	the	DET
fbem-9576	92	2	data	datum	NOUN
fbem-9576	92	3	for	for	ADP
fbem-9576	92	4	green	green	ADJ
fbem-9576	92	5	patents	patent	NOUN
fbem-9576	92	6	were	be	AUX
fbem-9576	92	7	taken	take	VERB
fbem-9576	92	8	from	from	ADP
fbem-9576	92	9	chinese	chinese	ADJ
fbem-9576	92	10	research	research	NOUN
fbem-9576	92	11	data	datum	NOUN
fbem-9576	92	12	service	service	NOUN
fbem-9576	92	13	(	(	PUNCT
fbem-9576	92	14	cnrds	cnrd	NOUN
fbem-9576	92	15	)	)	PUNCT
fbem-9576	92	16	,	,	PUNCT
fbem-9576	92	17	while	while	SCONJ
fbem-9576	92	18	the	the	DET
fbem-9576	92	19	data	datum	NOUN
fbem-9576	92	20	for	for	ADP
fbem-9576	92	21	the	the	DET
fbem-9576	92	22	controlled	control	VERB
fbem-9576	92	23	variables	variable	NOUN
fbem-9576	92	24	were	be	AUX
fbem-9576	92	25	taken	take	VERB
fbem-9576	92	26	from	from	ADP
fbem-9576	92	27	csmar	csmar	PROPN
fbem-9576	92	28	.	.	PUNCT
fbem-9576	93	1	in	in	ADP
fbem-9576	93	2	total	total	NOUN
fbem-9576	93	3	,	,	PUNCT
fbem-9576	93	4	this	this	DET
fbem-9576	93	5	dataset	dataset	NOUN
fbem-9576	93	6	included	include	VERB
fbem-9576	93	7	14	14	NUM
fbem-9576	93	8	industrial	industrial	ADJ
fbem-9576	93	9	industries	industry	NOUN
fbem-9576	93	10	with	with	ADP
fbem-9576	93	11	a	a	DET
fbem-9576	93	12	total	total	NOUN
fbem-9576	93	13	of	of	ADP
fbem-9576	93	14	9,998	9,998	NUM
fbem-9576	93	15	observed	observed	ADJ
fbem-9576	93	16	values	value	NOUN
fbem-9576	93	17	.	.	PUNCT
fbem-9576	94	1	3.1	3.1	NUM
fbem-9576	94	2	.	.	PUNCT
fbem-9576	94	3	independent	independent	ADJ
fbem-9576	94	4	variable	variable	NOUN
fbem-9576	94	5	:	:	PUNCT
fbem-9576	94	6	participation	participation	NOUN
fbem-9576	94	7	in	in	ADP
fbem-9576	94	8	carbon	carbon	NOUN
fbem-9576	94	9	trading	trading	NOUN
fbem-9576	94	10	pilots	pilot	NOUN
fbem-9576	94	11	the	the	DET
fbem-9576	94	12	independent	independent	ADJ
fbem-9576	94	13	variable	variable	NOUN
fbem-9576	94	14	used	use	VERB
fbem-9576	94	15	in	in	ADP
fbem-9576	94	16	this	this	DET
fbem-9576	94	17	study	study	NOUN
fbem-9576	94	18	was	be	AUX
fbem-9576	94	19	participation	participation	NOUN
fbem-9576	94	20	in	in	ADP
fbem-9576	94	21	carbon	carbon	NOUN
fbem-9576	94	22	trading	trading	NOUN
fbem-9576	94	23	pilots	pilot	NOUN
fbem-9576	94	24	.	.	PUNCT
fbem-9576	95	1	in	in	ADP
fbem-9576	95	2	2011	2011	NUM
fbem-9576	95	3	,	,	PUNCT
fbem-9576	95	4	shanghai	shanghai	PROPN
fbem-9576	95	5	,	,	PUNCT
fbem-9576	95	6	beijing	beijing	PROPN
fbem-9576	95	7	,	,	PUNCT
fbem-9576	95	8	hubei	hubei	PROPN
fbem-9576	95	9	,	,	PUNCT
fbem-9576	95	10	guangdong	guangdong	PROPN
fbem-9576	95	11	and	and	CCONJ
fbem-9576	95	12	tianjin	tianjin	PROPN
fbem-9576	95	13	became	become	VERB
fbem-9576	95	14	carbon	carbon	NOUN
fbem-9576	95	15	trading	trading	NOUN
fbem-9576	95	16	pilot	pilot	NOUN
fbem-9576	95	17	provinces	province	NOUN
fbem-9576	95	18	.	.	PUNCT
fbem-9576	96	1	in	in	ADP
fbem-9576	96	2	2016	2016	NUM
fbem-9576	96	3	,	,	PUNCT
fbem-9576	96	4	fujian	fujian	PROPN
fbem-9576	96	5	became	become	VERB
fbem-9576	96	6	a	a	DET
fbem-9576	96	7	carbon	carbon	NOUN
fbem-9576	96	8	trading	trading	NOUN
fbem-9576	96	9	pilot	pilot	NOUN
fbem-9576	96	10	province	province	NOUN
fbem-9576	96	11	.	.	PUNCT
fbem-9576	97	1	companies	company	NOUN
fbem-9576	97	2	in	in	ADP
fbem-9576	97	3	pilot	pilot	NOUN
fbem-9576	97	4	cities	city	NOUN
fbem-9576	97	5	that	that	PRON
fbem-9576	97	6	were	be	AUX
fbem-9576	97	7	included	include	VERB
fbem-9576	97	8	in	in	ADP
fbem-9576	97	9	carbon	carbon	NOUN
fbem-9576	97	10	trading	trading	NOUN
fbem-9576	97	11	in	in	ADP
fbem-9576	97	12	2011	2011	NUM
fbem-9576	97	13	or	or	CCONJ
fbem-9576	97	14	2016	2016	NUM
fbem-9576	97	15	were	be	AUX
fbem-9576	97	16	coded	code	VERB
fbem-9576	97	17	as	as	ADP
fbem-9576	97	18	1	1	NUM
fbem-9576	97	19	.	.	PUNCT
fbem-9576	98	1	otherwise	otherwise	ADV
fbem-9576	98	2	,	,	PUNCT
fbem-9576	98	3	companies	company	NOUN
fbem-9576	98	4	were	be	AUX
fbem-9576	98	5	coded	code	VERB
fbem-9576	98	6	as	as	ADP
fbem-9576	98	7	0	0	NUM
fbem-9576	98	8	.	.	PUNCT
fbem-9576	99	1	figure	figure	NOUN
fbem-9576	99	2	1	1	NUM
fbem-9576	99	3	depicts	depict	VERB
fbem-9576	99	4	the	the	DET
fbem-9576	99	5	carbon	carbon	NOUN
fbem-9576	99	6	trading	trading	NOUN
fbem-9576	99	7	pilots	pilot	NOUN
fbem-9576	99	8	in	in	ADP
fbem-9576	99	9	provinces	province	NOUN
fbem-9576	99	10	,	,	PUNCT
fbem-9576	99	11	which	which	PRON
fbem-9576	99	12	are	be	AUX
fbem-9576	99	13	randomly	randomly	ADV
fbem-9576	99	14	distributed	distribute	VERB
fbem-9576	99	15	.	.	PUNCT
fbem-9576	100	1	157	157	NUM
fbem-9576	100	2	figure	figure	NOUN
fbem-9576	100	3	1	1	NUM
fbem-9576	100	4	.	.	PUNCT
fbem-9576	101	1	the	the	DET
fbem-9576	101	2	carbon	carbon	NOUN
fbem-9576	101	3	trading	trading	NOUN
fbem-9576	101	4	pilots	pilot	NOUN
fbem-9576	101	5	in	in	ADP
fbem-9576	101	6	provinces	province	NOUN
fbem-9576	101	7	3.2	3.2	NUM
fbem-9576	101	8	.	.	PUNCT
fbem-9576	102	1	dependent	dependent	ADJ
fbem-9576	102	2	variable	variable	NOUN
fbem-9576	102	3	:	:	PUNCT
fbem-9576	102	4	quantity	quantity	NOUN
fbem-9576	102	5	and	and	CCONJ
fbem-9576	102	6	quality	quality	NOUN
fbem-9576	102	7	of	of	ADP
fbem-9576	102	8	green	green	ADJ
fbem-9576	102	9	innovation	innovation	NOUN
fbem-9576	102	10	this	this	DET
fbem-9576	102	11	study	study	NOUN
fbem-9576	102	12	used	use	VERB
fbem-9576	102	13	the	the	DET
fbem-9576	102	14	number	number	NOUN
fbem-9576	102	15	of	of	ADP
fbem-9576	102	16	green	green	ADJ
fbem-9576	102	17	patents	patent	NOUN
fbem-9576	102	18	attained	attain	VERB
fbem-9576	102	19	to	to	PART
fbem-9576	102	20	measure	measure	VERB
fbem-9576	102	21	the	the	DET
fbem-9576	102	22	quantity	quantity	NOUN
fbem-9576	102	23	of	of	ADP
fbem-9576	102	24	innovation	innovation	NOUN
fbem-9576	102	25	of	of	ADP
fbem-9576	102	26	companies	company	NOUN
fbem-9576	102	27	.	.	PUNCT
fbem-9576	103	1	using	use	VERB
fbem-9576	103	2	this	this	DET
fbem-9576	103	3	variable	variable	NOUN
fbem-9576	103	4	as	as	ADP
fbem-9576	103	5	the	the	DET
fbem-9576	103	6	dependent	dependent	ADJ
fbem-9576	103	7	variable	variable	NOUN
fbem-9576	103	8	has	have	VERB
fbem-9576	103	9	several	several	ADJ
fbem-9576	103	10	advantages	advantage	NOUN
fbem-9576	103	11	.	.	PUNCT
fbem-9576	104	1	first	first	ADV
fbem-9576	104	2	,	,	PUNCT
fbem-9576	104	3	compared	compare	VERB
fbem-9576	104	4	with	with	ADP
fbem-9576	104	5	financial	financial	ADJ
fbem-9576	104	6	investment	investment	NOUN
fbem-9576	104	7	and	and	CCONJ
fbem-9576	104	8	input	input	NOUN
fbem-9576	104	9	in	in	ADP
fbem-9576	104	10	research	research	NOUN
fbem-9576	104	11	and	and	CCONJ
fbem-9576	104	12	development	development	NOUN
fbem-9576	104	13	,	,	PUNCT
fbem-9576	104	14	green	green	ADJ
fbem-9576	104	15	patent	patent	NOUN
fbem-9576	104	16	is	be	AUX
fbem-9576	104	17	a	a	DET
fbem-9576	104	18	much	much	ADV
fbem-9576	104	19	more	more	ADV
fbem-9576	104	20	specific	specific	ADJ
fbem-9576	104	21	and	and	CCONJ
fbem-9576	104	22	corresponding	corresponding	ADJ
fbem-9576	104	23	indicator	indicator	NOUN
fbem-9576	104	24	of	of	ADP
fbem-9576	104	25	the	the	DET
fbem-9576	104	26	level	level	NOUN
fbem-9576	104	27	of	of	ADP
fbem-9576	104	28	corporations	corporation	NOUN
fbem-9576	104	29	’	'	PUNCT
fbem-9576	104	30	innovation	innovation	NOUN
fbem-9576	104	31	in	in	ADP
fbem-9576	104	32	green	green	ADJ
fbem-9576	104	33	technology	technology	NOUN
fbem-9576	104	34	.	.	PUNCT
fbem-9576	105	1	second	second	ADJ
fbem-9576	105	2	,	,	PUNCT
fbem-9576	105	3	using	use	VERB
fbem-9576	105	4	the	the	DET
fbem-9576	105	5	number	number	NOUN
fbem-9576	105	6	of	of	ADP
fbem-9576	105	7	green	green	ADJ
fbem-9576	105	8	patents	patent	NOUN
fbem-9576	105	9	attained	attain	VERB
fbem-9576	105	10	rather	rather	ADV
fbem-9576	105	11	than	than	ADP
fbem-9576	105	12	the	the	DET
fbem-9576	105	13	number	number	NOUN
fbem-9576	105	14	of	of	ADP
fbem-9576	105	15	green	green	ADJ
fbem-9576	105	16	patents	patent	NOUN
fbem-9576	105	17	applied	apply	VERB
fbem-9576	105	18	also	also	ADV
fbem-9576	105	19	filtered	filter	VERB
fbem-9576	105	20	out	out	ADP
fbem-9576	105	21	green	green	ADJ
fbem-9576	105	22	innovation	innovation	NOUN
fbem-9576	105	23	with	with	ADP
fbem-9576	105	24	poor	poor	ADJ
fbem-9576	105	25	quality	quality	NOUN
fbem-9576	105	26	.	.	PUNCT
fbem-9576	106	1	nonetheless	nonetheless	ADV
fbem-9576	106	2	,	,	PUNCT
fbem-9576	106	3	the	the	DET
fbem-9576	106	4	number	number	NOUN
fbem-9576	106	5	of	of	ADP
fbem-9576	106	6	green	green	ADJ
fbem-9576	106	7	patents	patent	NOUN
fbem-9576	106	8	attained	attain	VERB
fbem-9576	106	9	did	do	AUX
fbem-9576	106	10	not	not	PART
fbem-9576	106	11	holistically	holistically	ADV
fbem-9576	106	12	account	account	VERB
fbem-9576	106	13	for	for	ADP
fbem-9576	106	14	the	the	DET
fbem-9576	106	15	effect	effect	NOUN
fbem-9576	106	16	on	on	ADP
fbem-9576	106	17	the	the	DET
fbem-9576	106	18	level	level	NOUN
fbem-9576	106	19	of	of	ADP
fbem-9576	106	20	corporate	corporate	ADJ
fbem-9576	106	21	’s	’s	PART
fbem-9576	106	22	green	green	ADJ
fbem-9576	106	23	innovation	innovation	NOUN
fbem-9576	106	24	since	since	SCONJ
fbem-9576	106	25	the	the	DET
fbem-9576	106	26	relative	relative	ADJ
fbem-9576	106	27	quality	quality	NOUN
fbem-9576	106	28	of	of	ADP
fbem-9576	106	29	the	the	DET
fbem-9576	106	30	patents	patent	NOUN
fbem-9576	106	31	was	be	AUX
fbem-9576	106	32	not	not	PART
fbem-9576	106	33	considered	consider	VERB
fbem-9576	106	34	.	.	PUNCT
fbem-9576	107	1	to	to	PART
fbem-9576	107	2	measure	measure	VERB
fbem-9576	107	3	the	the	DET
fbem-9576	107	4	quality	quality	NOUN
fbem-9576	107	5	of	of	ADP
fbem-9576	107	6	green	green	ADJ
fbem-9576	107	7	innovation	innovation	NOUN
fbem-9576	107	8	,	,	PUNCT
fbem-9576	107	9	we	we	PRON
fbem-9576	107	10	referenced	reference	VERB
fbem-9576	107	11	the	the	DET
fbem-9576	107	12	method	method	NOUN
fbem-9576	107	13	of	of	ADP
fbem-9576	107	14	zhang	zhang	PROPN
fbem-9576	108	1	[	[	X
fbem-9576	108	2	17	17	NUM
fbem-9576	108	3	]	]	PUNCT
fbem-9576	108	4	,	,	PUNCT
fbem-9576	108	5	where	where	SCONJ
fbem-9576	108	6	the	the	DET
fbem-9576	108	7	quality	quality	NOUN
fbem-9576	108	8	of	of	ADP
fbem-9576	108	9	patents	patent	NOUN
fbem-9576	108	10	is	be	AUX
fbem-9576	108	11	calculated	calculate	VERB
fbem-9576	108	12	using	use	VERB
fbem-9576	108	13	the	the	DET
fbem-9576	108	14	equation	equation	NOUN
fbem-9576	108	15	of	of	ADP
fbem-9576	108	16	market	market	NOUN
fbem-9576	108	17	concentration	concentration	NOUN
fbem-9576	108	18	.	.	PUNCT
fbem-9576	109	1	the	the	DET
fbem-9576	109	2	quality	quality	NOUN
fbem-9576	109	3	of	of	ADP
fbem-9576	109	4	green	green	ADJ
fbem-9576	109	5	patents	patent	NOUN
fbem-9576	109	6	was	be	AUX
fbem-9576	109	7	measured	measure	VERB
fbem-9576	109	8	based	base	VERB
fbem-9576	109	9	on	on	ADP
fbem-9576	109	10	the	the	DET
fbem-9576	109	11	difference	difference	NOUN
fbem-9576	109	12	in	in	ADP
fbem-9576	109	13	the	the	DET
fbem-9576	109	14	ipc	ipc	PROPN
fbem-9576	109	15	(	(	PUNCT
fbem-9576	109	16	international	international	ADJ
fbem-9576	109	17	patent	patent	NOUN
fbem-9576	109	18	classification	classification	NOUN
fbem-9576	109	19	)	)	PUNCT
fbem-9576	109	20	of	of	ADP
fbem-9576	109	21	patents	patent	NOUN
fbem-9576	109	22	of	of	ADP
fbem-9576	109	23	a	a	DET
fbem-9576	109	24	company	company	NOUN
fbem-9576	109	25	.	.	PUNCT
fbem-9576	110	1	the	the	DET
fbem-9576	110	2	equation	equation	NOUN
fbem-9576	110	3	is	be	AUX
fbem-9576	110	4	as	as	SCONJ
fbem-9576	110	5	follows	follow	VERB
fbem-9576	110	6	:	:	PUNCT
fbem-9576	110	7	𝑞𝑢𝑎𝑙𝑖𝑡𝑦	𝑞𝑢𝑎𝑙𝑖𝑡𝑦	NOUN
fbem-9576	110	8	1	1	NUM
fbem-9576	110	9	𝛼	𝛼	SYM
fbem-9576	110	10	𝛼	𝛼	NOUN
fbem-9576	110	11	𝑡ℎ𝑒	𝑡ℎ𝑒	ADJ
fbem-9576	110	12	𝑝𝑟𝑜𝑝𝑜𝑟𝑡𝑖𝑜𝑛	𝑝𝑟𝑜𝑝𝑜𝑟𝑡𝑖𝑜𝑛	NOUN
fbem-9576	110	13	𝑜𝑓	𝑜𝑓	ADP
fbem-9576	110	14	𝑡ℎ𝑒	𝑡ℎ𝑒	NUM
fbem-9576	110	15	𝑛𝑢𝑚𝑏𝑒𝑟	𝑛𝑢𝑚𝑏𝑒𝑟	NOUN
fbem-9576	110	16	𝑜𝑓	𝑜𝑓	ADP
fbem-9576	110	17	𝑝𝑎𝑡𝑒𝑛𝑡	𝑝𝑎𝑡𝑒𝑛𝑡	PROPN
fbem-9576	110	18	𝑖𝑛	𝑖𝑛	INTJ
fbem-9576	110	19	𝑎	𝑎	NOUN
fbem-9576	110	20	𝑐𝑎𝑡𝑒𝑔𝑜𝑟𝑦	𝑐𝑎𝑡𝑒𝑔𝑜𝑟𝑦	NOUN
fbem-9576	110	21	𝑜𝑤𝑛𝑒𝑑	𝑜𝑤𝑛𝑒𝑑	NOUN
fbem-9576	110	22	𝑏𝑦	𝑏𝑦	PROPN
fbem-9576	110	23	𝑐𝑜𝑚𝑝𝑎𝑛𝑦	𝑐𝑜𝑚𝑝𝑎𝑛𝑦	VERB
fbem-9576	110	24	𝑥	𝑥	ADP
fbem-9576	111	1	𝑖𝑛	𝑖𝑛	INTJ
fbem-9576	111	2	𝑦𝑒𝑎𝑟	𝑦𝑒𝑎𝑟	VERB
fbem-9576	111	3	𝑡	𝑡	ADP
fbem-9576	111	4	the	the	DET
fbem-9576	111	5	greater	great	ADJ
fbem-9576	111	6	the	the	DET
fbem-9576	111	7	value	value	NOUN
fbem-9576	111	8	of	of	ADP
fbem-9576	111	9	quality	quality	NOUN
fbem-9576	111	10	,	,	PUNCT
fbem-9576	111	11	the	the	PRON
fbem-9576	111	12	more	more	ADV
fbem-9576	111	13	diverse	diverse	ADJ
fbem-9576	111	14	a	a	DET
fbem-9576	111	15	company	company	NOUN
fbem-9576	111	16	’s	’s	PART
fbem-9576	111	17	patent	patent	NOUN
fbem-9576	111	18	is	be	AUX
fbem-9576	111	19	,	,	PUNCT
fbem-9576	111	20	which	which	PRON
fbem-9576	111	21	indicates	indicate	VERB
fbem-9576	111	22	higher	high	ADJ
fbem-9576	111	23	quality	quality	NOUN
fbem-9576	111	24	of	of	ADP
fbem-9576	111	25	innovation	innovation	NOUN
fbem-9576	111	26	.	.	PUNCT
fbem-9576	112	1	3.3	3.3	NUM
fbem-9576	112	2	.	.	PUNCT
fbem-9576	112	3	controlled	control	VERB
fbem-9576	112	4	variables	variable	NOUN
fbem-9576	112	5	several	several	ADJ
fbem-9576	112	6	factors	factor	NOUN
fbem-9576	112	7	could	could	AUX
fbem-9576	112	8	affect	affect	VERB
fbem-9576	112	9	the	the	DET
fbem-9576	112	10	level	level	NOUN
fbem-9576	112	11	of	of	ADP
fbem-9576	112	12	green	green	ADJ
fbem-9576	112	13	innovation	innovation	NOUN
fbem-9576	112	14	,	,	PUNCT
fbem-9576	112	15	which	which	PRON
fbem-9576	112	16	could	could	AUX
fbem-9576	112	17	be	be	AUX
fbem-9576	112	18	classified	classify	VERB
fbem-9576	112	19	into	into	ADP
fbem-9576	112	20	2	2	NUM
fbem-9576	112	21	categories	category	NOUN
fbem-9576	112	22	:	:	PUNCT
fbem-9576	112	23	the	the	DET
fbem-9576	112	24	scale	scale	NOUN
fbem-9576	112	25	of	of	ADP
fbem-9576	112	26	a	a	DET
fbem-9576	112	27	firm	firm	NOUN
fbem-9576	112	28	and	and	CCONJ
fbem-9576	112	29	its	its	PRON
fbem-9576	112	30	financial	financial	ADJ
fbem-9576	112	31	indicators	indicator	NOUN
fbem-9576	112	32	.	.	PUNCT
fbem-9576	113	1	the	the	DET
fbem-9576	113	2	size	size	NOUN
fbem-9576	113	3	and	and	CCONJ
fbem-9576	113	4	the	the	DET
fbem-9576	113	5	age	age	NOUN
fbem-9576	113	6	of	of	ADP
fbem-9576	113	7	a	a	DET
fbem-9576	113	8	firm	firm	NOUN
fbem-9576	113	9	are	be	AUX
fbem-9576	113	10	indicators	indicator	NOUN
fbem-9576	113	11	of	of	ADP
fbem-9576	113	12	the	the	DET
fbem-9576	113	13	scale	scale	NOUN
fbem-9576	113	14	of	of	ADP
fbem-9576	113	15	a	a	DET
fbem-9576	113	16	company	company	NOUN
fbem-9576	113	17	.	.	PUNCT
fbem-9576	114	1	the	the	DET
fbem-9576	114	2	size	size	NOUN
fbem-9576	114	3	of	of	ADP
fbem-9576	114	4	a	a	DET
fbem-9576	114	5	firm	firm	NOUN
fbem-9576	114	6	often	often	ADV
fbem-9576	114	7	affects	affect	VERB
fbem-9576	114	8	the	the	DET
fbem-9576	114	9	availability	availability	NOUN
fbem-9576	114	10	of	of	ADP
fbem-9576	114	11	resources	resource	NOUN
fbem-9576	114	12	,	,	PUNCT
fbem-9576	114	13	thus	thus	ADV
fbem-9576	114	14	affecting	affect	VERB
fbem-9576	114	15	the	the	DET
fbem-9576	114	16	development	development	NOUN
fbem-9576	114	17	of	of	ADP
fbem-9576	114	18	new	new	ADJ
fbem-9576	114	19	green	green	ADJ
fbem-9576	114	20	technologies	technology	NOUN
fbem-9576	114	21	,	,	PUNCT
fbem-9576	114	22	while	while	SCONJ
fbem-9576	114	23	the	the	DET
fbem-9576	114	24	age	age	NOUN
fbem-9576	114	25	of	of	ADP
fbem-9576	114	26	a	a	DET
fbem-9576	114	27	firm	firm	ADJ
fbem-9576	114	28	impacts	impact	VERB
fbem-9576	114	29	their	their	PRON
fbem-9576	114	30	willingness	willingness	NOUN
fbem-9576	114	31	and	and	CCONJ
fbem-9576	114	32	capability	capability	NOUN
fbem-9576	114	33	in	in	ADP
fbem-9576	114	34	innovating	innovate	VERB
fbem-9576	114	35	.	.	PUNCT
fbem-9576	115	1	the	the	DET
fbem-9576	115	2	size	size	NOUN
fbem-9576	115	3	of	of	ADP
fbem-9576	115	4	a	a	DET
fbem-9576	115	5	firm	firm	NOUN
fbem-9576	115	6	is	be	AUX
fbem-9576	115	7	22.214	22.214	NUM
fbem-9576	115	8	in	in	ADP
fbem-9576	115	9	mean	mean	ADJ
fbem-9576	115	10	,	,	PUNCT
fbem-9576	115	11	and	and	CCONJ
fbem-9576	115	12	the	the	DET
fbem-9576	115	13	age	age	NOUN
fbem-9576	115	14	of	of	ADP
fbem-9576	115	15	a	a	DET
fbem-9576	115	16	firm	firm	NOUN
fbem-9576	115	17	is	be	AUX
fbem-9576	115	18	2.692	2.692	NUM
fbem-9576	115	19	in	in	ADP
fbem-9576	115	20	mean	mean	NOUN
fbem-9576	115	21	.	.	PUNCT
fbem-9576	116	1	tobin	tobin	PROPN
fbem-9576	116	2	q	q	NOUN
fbem-9576	116	3	,	,	PUNCT
fbem-9576	116	4	return	return	VERB
fbem-9576	116	5	on	on	ADP
fbem-9576	116	6	asset	asset	NOUN
fbem-9576	116	7	,	,	PUNCT
fbem-9576	116	8	and	and	CCONJ
fbem-9576	116	9	leverage	leverage	NOUN
fbem-9576	116	10	reflected	reflect	VERB
fbem-9576	116	11	the	the	DET
fbem-9576	116	12	finance	finance	NOUN
fbem-9576	116	13	of	of	ADP
fbem-9576	116	14	a	a	DET
fbem-9576	116	15	company	company	NOUN
fbem-9576	116	16	.	.	PUNCT
fbem-9576	117	1	the	the	DET
fbem-9576	117	2	tobin	tobin	PROPN
fbem-9576	117	3	q	q	PROPN
fbem-9576	117	4	ratio	ratio	NOUN
fbem-9576	117	5	of	of	ADP
fbem-9576	117	6	a	a	DET
fbem-9576	117	7	corporation	corporation	NOUN
fbem-9576	117	8	indicated	indicate	VERB
fbem-9576	117	9	its	its	PRON
fbem-9576	117	10	ability	ability	NOUN
fbem-9576	117	11	to	to	PART
fbem-9576	117	12	create	create	VERB
fbem-9576	117	13	value	value	NOUN
fbem-9576	117	14	,	,	PUNCT
fbem-9576	117	15	which	which	PRON
fbem-9576	117	16	is	be	AUX
fbem-9576	117	17	associated	associate	VERB
fbem-9576	117	18	with	with	ADP
fbem-9576	117	19	its	its	PRON
fbem-9576	117	20	ability	ability	NOUN
fbem-9576	117	21	to	to	PART
fbem-9576	117	22	innovate	innovate	VERB
fbem-9576	117	23	.	.	PUNCT
fbem-9576	118	1	the	the	DET
fbem-9576	118	2	ability	ability	NOUN
fbem-9576	118	3	in	in	ADP
fbem-9576	118	4	which	which	PRON
fbem-9576	118	5	a	a	DET
fbem-9576	118	6	company	company	NOUN
fbem-9576	118	7	’s	’s	PART
fbem-9576	118	8	assets	asset	NOUN
fbem-9576	118	9	were	be	AUX
fbem-9576	118	10	used	use	VERB
fbem-9576	118	11	to	to	PART
fbem-9576	118	12	generate	generate	VERB
fbem-9576	118	13	revenue	revenue	NOUN
fbem-9576	118	14	reflected	reflect	VERB
fbem-9576	118	15	the	the	DET
fbem-9576	118	16	efficiency	efficiency	NOUN
fbem-9576	118	17	and	and	CCONJ
fbem-9576	118	18	profitability	profitability	NOUN
fbem-9576	118	19	of	of	ADP
fbem-9576	118	20	a	a	DET
fbem-9576	118	21	company	company	NOUN
fbem-9576	118	22	.	.	PUNCT
fbem-9576	119	1	the	the	DET
fbem-9576	119	2	financial	financial	ADJ
fbem-9576	119	3	risks	risk	NOUN
fbem-9576	119	4	of	of	ADP
fbem-9576	119	5	a	a	DET
fbem-9576	119	6	company	company	NOUN
fbem-9576	119	7	also	also	ADV
fbem-9576	119	8	affected	affect	VERB
fbem-9576	119	9	its	its	PRON
fbem-9576	119	10	ability	ability	NOUN
fbem-9576	119	11	to	to	PART
fbem-9576	119	12	innovate	innovate	VERB
fbem-9576	119	13	.	.	PUNCT
fbem-9576	120	1	therefore	therefore	ADV
fbem-9576	120	2	,	,	PUNCT
fbem-9576	120	3	this	this	DET
fbem-9576	120	4	study	study	NOUN
fbem-9576	120	5	controlled	control	VERB
fbem-9576	120	6	the	the	DET
fbem-9576	120	7	size	size	NOUN
fbem-9576	120	8	,	,	PUNCT
fbem-9576	120	9	age	age	NOUN
fbem-9576	120	10	,	,	PUNCT
fbem-9576	120	11	tobin	tobin	PROPN
fbem-9576	120	12	q	q	NOUN
fbem-9576	120	13	,	,	PUNCT
fbem-9576	120	14	return	return	VERB
fbem-9576	120	15	on	on	ADP
fbem-9576	120	16	assets	asset	NOUN
fbem-9576	120	17	,	,	PUNCT
fbem-9576	120	18	and	and	CCONJ
fbem-9576	120	19	leverage	leverage	NOUN
fbem-9576	120	20	of	of	ADP
fbem-9576	120	21	companies	company	NOUN
fbem-9576	120	22	.	.	PUNCT
fbem-9576	121	1	table	table	NOUN
fbem-9576	121	2	1	1	NUM
fbem-9576	121	3	summarizes	summarize	NOUN
fbem-9576	121	4	the	the	DET
fbem-9576	121	5	definition	definition	NOUN
fbem-9576	121	6	of	of	ADP
fbem-9576	121	7	key	key	ADJ
fbem-9576	121	8	variabl	variabl	NOUN
fbem-9576	121	9	,	,	PUNCT
fbem-9576	121	10	table	table	NOUN
fbem-9576	121	11	1	1	NUM
fbem-9576	121	12	.	.	PUNCT
fbem-9576	122	1	definition	definition	NOUN
fbem-9576	122	2	of	of	ADP
fbem-9576	122	3	key	key	ADJ
fbem-9576	122	4	variables	variable	NOUN
fbem-9576	122	5	variable	variable	ADJ
fbem-9576	122	6	definition	definition	NOUN
fbem-9576	122	7	reference	reference	NOUN
fbem-9576	122	8	pilot	pilot	NOUN
fbem-9576	122	9	if	if	SCONJ
fbem-9576	122	10	a	a	DET
fbem-9576	122	11	firm	firm	NOUN
fbem-9576	122	12	take	take	VERB
fbem-9576	122	13	parts	part	NOUN
fbem-9576	122	14	in	in	ADP
fbem-9576	122	15	carbon	carbon	NOUN
fbem-9576	122	16	permit	permit	NOUN
fbem-9576	122	17	trading	trading	NOUN
fbem-9576	122	18	,	,	PUNCT
fbem-9576	122	19	the	the	DET
fbem-9576	122	20	value	value	NOUN
fbem-9576	122	21	is	be	AUX
fbem-9576	122	22	1	1	NUM
fbem-9576	122	23	.	.	PUNCT
fbem-9576	123	1	if	if	SCONJ
fbem-9576	123	2	it	it	PRON
fbem-9576	123	3	does	do	VERB
fbem-9576	123	4	n’t	not	PART
fbem-9576	123	5	the	the	DET
fbem-9576	123	6	value	value	NOUN
fbem-9576	123	7	is	be	AUX
fbem-9576	123	8	0	0	NUM
fbem-9576	123	9	xiao	xiao	PROPN
fbem-9576	123	10	et	et	PROPN
fbem-9576	123	11	al	al	PROPN
fbem-9576	123	12	.	.	PROPN
fbem-9576	124	1	(	(	PUNCT
fbem-9576	124	2	2022	2022	NUM
fbem-9576	124	3	)	)	PUNCT
fbem-9576	124	4	scheme_bench	scheme_bench	NOUN
fbem-9576	124	5	mark	mark	NOUN
fbem-9576	124	6	if	if	SCONJ
fbem-9576	124	7	permits	permit	NOUN
fbem-9576	124	8	are	be	AUX
fbem-9576	124	9	allocated	allocate	VERB
fbem-9576	124	10	by	by	ADP
fbem-9576	124	11	the	the	DET
fbem-9576	124	12	benchmark	benchmark	NOUN
fbem-9576	124	13	method	method	NOUN
fbem-9576	124	14	to	to	ADP
fbem-9576	124	15	a	a	DET
fbem-9576	124	16	firm	firm	NOUN
fbem-9576	124	17	,	,	PUNCT
fbem-9576	124	18	the	the	DET
fbem-9576	124	19	value	value	NOUN
fbem-9576	124	20	is	be	AUX
fbem-9576	124	21	1	1	NUM
fbem-9576	124	22	.	.	PUNCT
fbem-9576	125	1	otherwise	otherwise	ADV
fbem-9576	125	2	,	,	PUNCT
fbem-9576	125	3	it	it	PRON
fbem-9576	125	4	is	be	AUX
fbem-9576	125	5	0	0	NUM
fbem-9576	125	6	.	.	PUNCT
fbem-9576	126	1	song	song	PROPN
fbem-9576	126	2	et	et	PROPN
fbem-9576	126	3	al	al	PROPN
fbem-9576	126	4	.	.	PROPN
fbem-9576	127	1	(	(	PUNCT
fbem-9576	127	2	2021	2021	NUM
fbem-9576	127	3	)	)	PUNCT
fbem-9576	127	4	scheme_history	scheme_history	ADJ
fbem-9576	127	5	if	if	SCONJ
fbem-9576	127	6	permits	permit	NOUN
fbem-9576	127	7	are	be	AUX
fbem-9576	127	8	allocated	allocate	VERB
fbem-9576	127	9	by	by	ADP
fbem-9576	127	10	the	the	DET
fbem-9576	127	11	historical	historical	ADJ
fbem-9576	127	12	method	method	NOUN
fbem-9576	127	13	to	to	ADP
fbem-9576	127	14	a	a	DET
fbem-9576	127	15	firm	firm	NOUN
fbem-9576	127	16	,	,	PUNCT
fbem-9576	127	17	the	the	DET
fbem-9576	127	18	value	value	NOUN
fbem-9576	127	19	is	be	AUX
fbem-9576	127	20	1	1	NUM
fbem-9576	127	21	.	.	PUNCT
fbem-9576	128	1	otherwise	otherwise	ADV
fbem-9576	128	2	,	,	PUNCT
fbem-9576	128	3	it	it	PRON
fbem-9576	128	4	is	be	AUX
fbem-9576	128	5	0	0	NUM
fbem-9576	128	6	.	.	PUNCT
fbem-9576	129	1	song	song	PROPN
fbem-9576	129	2	et	et	PROPN
fbem-9576	129	3	al	al	PROPN
fbem-9576	129	4	.	.	PROPN
fbem-9576	130	1	(	(	PUNCT
fbem-9576	130	2	2021	2021	NUM
fbem-9576	130	3	)	)	PUNCT
fbem-9576	130	4	ind	ind	NOUN
fbem-9576	130	5	if	if	SCONJ
fbem-9576	130	6	the	the	DET
fbem-9576	130	7	firm	firm	NOUN
fbem-9576	130	8	is	be	AUX
fbem-9576	130	9	in	in	ADP
fbem-9576	130	10	the	the	DET
fbem-9576	130	11	manufacturing	manufacturing	NOUN
fbem-9576	130	12	industry	industry	NOUN
fbem-9576	130	13	,	,	PUNCT
fbem-9576	130	14	the	the	DET
fbem-9576	130	15	value	value	NOUN
fbem-9576	130	16	is	be	AUX
fbem-9576	130	17	1	1	NUM
fbem-9576	130	18	.	.	PUNCT
fbem-9576	131	1	if	if	SCONJ
fbem-9576	131	2	the	the	DET
fbem-9576	131	3	firm	firm	NOUN
fbem-9576	131	4	is	be	AUX
fbem-9576	131	5	power	power	NOUN
fbem-9576	131	6	production	production	NOUN
fbem-9576	131	7	or	or	CCONJ
fbem-9576	131	8	supply	supply	NOUN
fbem-9576	131	9	industry	industry	NOUN
fbem-9576	131	10	,	,	PUNCT
fbem-9576	131	11	the	the	DET
fbem-9576	131	12	value	value	NOUN
fbem-9576	131	13	is	be	AUX
fbem-9576	131	14	2	2	NUM
fbem-9576	131	15	.	.	PUNCT
fbem-9576	132	1	if	if	SCONJ
fbem-9576	132	2	the	the	DET
fbem-9576	132	3	firm	firm	NOUN
fbem-9576	132	4	is	be	AUX
fbem-9576	132	5	in	in	ADP
fbem-9576	132	6	the	the	DET
fbem-9576	132	7	construction	construction	NOUN
fbem-9576	132	8	industry	industry	NOUN
fbem-9576	132	9	,	,	PUNCT
fbem-9576	132	10	the	the	DET
fbem-9576	132	11	value	value	NOUN
fbem-9576	132	12	is	be	AUX
fbem-9576	132	13	3	3	NUM
fbem-9576	132	14	.	.	PUNCT
fbem-9576	132	15	li	li	PROPN
fbem-9576	132	16	(	(	PUNCT
fbem-9576	132	17	2022	2022	NUM
fbem-9576	132	18	)	)	PUNCT
fbem-9576	132	19	ln	ln	ADJ
fbem-9576	132	20	number	number	NOUN
fbem-9576	132	21	ln	ln	NOUN
fbem-9576	133	1	(	(	PUNCT
fbem-9576	133	2	the	the	DET
fbem-9576	133	3	number	number	NOUN
fbem-9576	133	4	of	of	ADP
fbem-9576	133	5	green	green	ADJ
fbem-9576	133	6	patents	patent	NOUN
fbem-9576	133	7	attained	attain	VERB
fbem-9576	133	8	by	by	ADP
fbem-9576	133	9	firms	firm	NOUN
fbem-9576	133	10	)	)	PUNCT
fbem-9576	133	11	du	du	PROPN
fbem-9576	133	12	et	et	PROPN
fbem-9576	133	13	al	al	PROPN
fbem-9576	133	14	.	.	PROPN
fbem-9576	134	1	(	(	PUNCT
fbem-9576	134	2	2021	2021	NUM
fbem-9576	134	3	)	)	PUNCT
fbem-9576	134	4	quality	quality	NOUN
fbem-9576	134	5	the	the	DET
fbem-9576	134	6	quality	quality	NOUN
fbem-9576	134	7	of	of	ADP
fbem-9576	134	8	green	green	ADJ
fbem-9576	134	9	patents	patent	NOUN
fbem-9576	134	10	attained	attain	VERB
fbem-9576	134	11	by	by	ADP
fbem-9576	134	12	firms	firm	NOUN
fbem-9576	134	13	zhang	zhang	PROPN
fbem-9576	134	14	et	et	PROPN
fbem-9576	134	15	al	al	PROPN
fbem-9576	134	16	.	.	PROPN
fbem-9576	135	1	(	(	PUNCT
fbem-9576	135	2	2022	2022	NUM
fbem-9576	135	3	)	)	PUNCT
fbem-9576	135	4	tobinq	tobinq	NOUN
fbem-9576	135	5	the	the	DET
fbem-9576	135	6	ratio	ratio	NOUN
fbem-9576	135	7	between	between	ADP
fbem-9576	135	8	physical	physical	ADJ
fbem-9576	135	9	assets	asset	NOUN
fbem-9576	135	10	market	market	NOUN
fbem-9576	135	11	value	value	NOUN
fbem-9576	135	12	and	and	CCONJ
fbem-9576	135	13	its	its	PRON
fbem-9576	135	14	replacement	replacement	NOUN
fbem-9576	135	15	value	value	NOUN
fbem-9576	135	16	shi	shi	PROPN
fbem-9576	135	17	and	and	CCONJ
fbem-9576	135	18	wu	wu	PROPN
fbem-9576	135	19	(	(	PUNCT
fbem-9576	135	20	2022	2022	NUM
fbem-9576	135	21	)	)	PUNCT
fbem-9576	135	22	roa	roa	NOUN
fbem-9576	135	23	return	return	NOUN
fbem-9576	135	24	on	on	ADP
fbem-9576	135	25	assets	asset	NOUN
fbem-9576	135	26	li	li	PROPN
fbem-9576	135	27	(	(	PUNCT
fbem-9576	135	28	2022	2022	NUM
fbem-9576	135	29	)	)	PUNCT
fbem-9576	135	30	lev	lev	NOUN
fbem-9576	135	31	leverage	leverage	NOUN
fbem-9576	135	32	li	li	PROPN
fbem-9576	135	33	(	(	PUNCT
fbem-9576	135	34	2022	2022	NUM
fbem-9576	135	35	)	)	PUNCT
fbem-9576	135	36	size	size	NOUN
fbem-9576	135	37	size	size	NOUN
fbem-9576	135	38	of	of	ADP
fbem-9576	135	39	a	a	DET
fbem-9576	135	40	firm	firm	ADJ
fbem-9576	135	41	tang	tang	NOUN
fbem-9576	135	42	et	et	PROPN
fbem-9576	135	43	al	al	PROPN
fbem-9576	135	44	.	.	PROPN
fbem-9576	136	1	(	(	PUNCT
fbem-9576	136	2	2022	2022	NUM
fbem-9576	136	3	)	)	PUNCT
fbem-9576	136	4	firmage	firmage	NOUN
fbem-9576	136	5	the	the	DET
fbem-9576	136	6	number	number	NOUN
fbem-9576	136	7	of	of	ADP
fbem-9576	136	8	years	year	NOUN
fbem-9576	136	9	since	since	SCONJ
fbem-9576	136	10	the	the	DET
fbem-9576	136	11	firm	firm	NOUN
fbem-9576	136	12	was	be	AUX
fbem-9576	136	13	founded	found	VERB
fbem-9576	136	14	wang	wang	PROPN
fbem-9576	136	15	and	and	CCONJ
fbem-9576	136	16	zhang	zhang	PROPN
fbem-9576	136	17	(	(	PUNCT
fbem-9576	136	18	2022	2022	NUM
fbem-9576	136	19	)	)	PUNCT
fbem-9576	136	20	158	158	NUM
fbem-9576	136	21	table	table	NOUN
fbem-9576	136	22	2	2	NUM
fbem-9576	136	23	provides	provide	VERB
fbem-9576	136	24	the	the	DET
fbem-9576	136	25	descriptive	descriptive	ADJ
fbem-9576	136	26	statistics	statistic	NOUN
fbem-9576	136	27	of	of	ADP
fbem-9576	136	28	the	the	DET
fbem-9576	136	29	dataset	dataset	NOUN
fbem-9576	136	30	.	.	PUNCT
fbem-9576	137	1	the	the	DET
fbem-9576	137	2	maximum	maximum	ADJ
fbem-9576	137	3	number	number	NOUN
fbem-9576	137	4	of	of	ADP
fbem-9576	137	5	green	green	ADJ
fbem-9576	137	6	patents	patent	NOUN
fbem-9576	137	7	obtained	obtain	VERB
fbem-9576	137	8	by	by	ADP
fbem-9576	137	9	one	one	NUM
fbem-9576	137	10	company	company	NOUN
fbem-9576	137	11	in	in	ADP
fbem-9576	137	12	one	one	NUM
fbem-9576	137	13	year	year	NOUN
fbem-9576	137	14	was	be	AUX
fbem-9576	137	15	61	61	NUM
fbem-9576	137	16	,	,	PUNCT
fbem-9576	137	17	while	while	SCONJ
fbem-9576	137	18	the	the	DET
fbem-9576	137	19	minimum	minimum	NOUN
fbem-9576	137	20	was	be	AUX
fbem-9576	137	21	0	0	NUM
fbem-9576	137	22	,	,	PUNCT
fbem-9576	137	23	demonstrating	demonstrate	VERB
fbem-9576	137	24	the	the	DET
fbem-9576	137	25	difference	difference	NOUN
fbem-9576	137	26	between	between	ADP
fbem-9576	137	27	the	the	DET
fbem-9576	137	28	level	level	NOUN
fbem-9576	137	29	of	of	ADP
fbem-9576	137	30	innovation	innovation	NOUN
fbem-9576	137	31	of	of	ADP
fbem-9576	137	32	companies	company	NOUN
fbem-9576	137	33	.	.	PUNCT
fbem-9576	138	1	in	in	ADP
fbem-9576	138	2	addition	addition	NOUN
fbem-9576	138	3	,	,	PUNCT
fbem-9576	138	4	the	the	DET
fbem-9576	138	5	mean	mean	ADJ
fbem-9576	138	6	number	number	NOUN
fbem-9576	138	7	of	of	ADP
fbem-9576	138	8	green	green	ADJ
fbem-9576	138	9	patents	patent	NOUN
fbem-9576	138	10	was	be	AUX
fbem-9576	138	11	0.155	0.155	NUM
fbem-9576	138	12	while	while	SCONJ
fbem-9576	138	13	the	the	DET
fbem-9576	138	14	mean	mean	ADJ
fbem-9576	138	15	quality	quality	NOUN
fbem-9576	138	16	of	of	ADP
fbem-9576	138	17	green	green	ADJ
fbem-9576	138	18	innovation	innovation	NOUN
fbem-9576	138	19	was	be	AUX
fbem-9576	138	20	only	only	ADV
fbem-9576	138	21	0.107	0.107	NUM
fbem-9576	138	22	,	,	PUNCT
fbem-9576	138	23	showing	show	VERB
fbem-9576	138	24	an	an	DET
fbem-9576	138	25	overall	overall	ADJ
fbem-9576	138	26	relatively	relatively	ADV
fbem-9576	138	27	poor	poor	ADJ
fbem-9576	138	28	innovation	innovation	NOUN
fbem-9576	138	29	performance	performance	NOUN
fbem-9576	138	30	.	.	PUNCT
fbem-9576	139	1	table	table	NOUN
fbem-9576	139	2	2	2	NUM
fbem-9576	139	3	.	.	PUNCT
fbem-9576	139	4	descriptive	descriptive	ADJ
fbem-9576	139	5	statistics	statistic	NOUN
fbem-9576	139	6	of	of	ADP
fbem-9576	139	7	key	key	ADJ
fbem-9576	139	8	variables	variable	NOUN
fbem-9576	139	9	variable	variable	ADJ
fbem-9576	139	10	obs	obs	NOUN
fbem-9576	139	11	mean	mean	VERB
fbem-9576	139	12	std	std	PROPN
fbem-9576	139	13	.	.	PROPN
fbem-9576	139	14	dev	dev	PROPN
fbem-9576	139	15	.	.	PUNCT
fbem-9576	139	16	number	number	NOUN
fbem-9576	139	17	9555	9555	NUM
fbem-9576	139	18	0.155	0.155	NUM
fbem-9576	139	19	1.603	1.603	NUM
fbem-9576	139	20	quality	quality	NOUN
fbem-9576	139	21	9289	9289	NUM
fbem-9576	139	22	0.107	0.107	NUM
fbem-9576	139	23	0.224	0.224	NUM
fbem-9576	139	24	tobinq	tobinq	NOUN
fbem-9576	139	25	9433	9433	NUM
fbem-9576	139	26	1.697	1.697	NUM
fbem-9576	139	27	1.071	1.071	NUM
fbem-9576	139	28	roa	roa	NOUN
fbem-9576	139	29	9554	9554	NUM
fbem-9576	139	30	0.037	0.037	NUM
fbem-9576	139	31	0.057	0.057	NUM
fbem-9576	139	32	lev	lev	NOUN
fbem-9576	139	33	9555	9555	NUM
fbem-9576	139	34	0.480	0.480	NUM
fbem-9576	139	35	0.204	0.204	NUM
fbem-9576	139	36	size	size	NOUN
fbem-9576	139	37	9555	9555	NUM
fbem-9576	139	38	22.214	22.214	NUM
fbem-9576	139	39	1.380	1.380	NUM
fbem-9576	139	40	firm	firm	ADJ
fbem-9576	139	41	age	age	NOUN
fbem-9576	139	42	9555	9555	NUM
fbem-9576	139	43	2.692	2.692	NUM
fbem-9576	139	44	0.489	0.489	NUM
fbem-9576	139	45	4	4	NUM
fbem-9576	139	46	.	.	PUNCT
fbem-9576	139	47	empirical	empirical	ADJ
fbem-9576	139	48	strategy	strategy	NOUN
fbem-9576	139	49	and	and	CCONJ
fbem-9576	139	50	results	result	VERB
fbem-9576	139	51	the	the	DET
fbem-9576	139	52	empirical	empirical	ADJ
fbem-9576	139	53	strategy	strategy	NOUN
fbem-9576	139	54	of	of	ADP
fbem-9576	139	55	this	this	DET
fbem-9576	139	56	paper	paper	NOUN
fbem-9576	139	57	follows	follow	VERB
fbem-9576	139	58	the	the	DET
fbem-9576	139	59	standard	standard	ADJ
fbem-9576	139	60	difference	difference	NOUN
fbem-9576	139	61	-	-	PUNCT
fbem-9576	139	62	in	in	ADP
fbem-9576	139	63	-	-	PUNCT
fbem-9576	139	64	differences	difference	NOUN
fbem-9576	139	65	(	(	PUNCT
fbem-9576	139	66	did	do	AUX
fbem-9576	139	67	)	)	PUNCT
fbem-9576	139	68	model	model	NOUN
fbem-9576	139	69	to	to	PART
fbem-9576	139	70	investigate	investigate	VERB
fbem-9576	139	71	the	the	DET
fbem-9576	139	72	effect	effect	NOUN
fbem-9576	139	73	of	of	ADP
fbem-9576	139	74	carbon	carbon	NOUN
fbem-9576	139	75	trading	trading	NOUN
fbem-9576	139	76	on	on	ADP
fbem-9576	139	77	corporates	corporate	NOUN
fbem-9576	139	78	’	'	PUNCT
fbem-9576	139	79	green	green	ADJ
fbem-9576	139	80	innovation	innovation	NOUN
fbem-9576	139	81	.	.	PUNCT
fbem-9576	140	1	the	the	DET
fbem-9576	140	2	model	model	NOUN
fbem-9576	140	3	specification	specification	NOUN
fbem-9576	140	4	takes	take	VERB
fbem-9576	140	5	the	the	DET
fbem-9576	140	6	following	follow	VERB
fbem-9576	140	7	form	form	NOUN
fbem-9576	140	8	:	:	PUNCT
fbem-9576	140	9	𝐼𝑛𝑛𝑜𝑣𝑎𝑡𝑖𝑜𝑛	𝐼𝑛𝑛𝑜𝑣𝑎𝑡𝑖𝑜𝑛	PROPN
fbem-9576	140	10	𝑛𝑢𝑚𝑏𝑒𝑟	𝑛𝑢𝑚𝑏𝑒𝑟	ADJ
fbem-9576	140	11	,	,	PUNCT
fbem-9576	140	12	𝑞𝑢𝑎𝑙𝑖𝑡𝑦	𝑞𝑢𝑎𝑙𝑖𝑡𝑦	VERB
fbem-9576	140	13	𝛼	𝛼	PROPN
fbem-9576	140	14	𝛽𝑃𝑎𝑟𝑡𝑖𝑐𝑖𝑝𝑎𝑡𝑖𝑜𝑛	𝛽𝑃𝑎𝑟𝑡𝑖𝑐𝑖𝑝𝑎𝑡𝑖𝑜𝑛	PROPN
fbem-9576	140	15	𝛿𝐶	𝛿𝐶	PUNCT
fbem-9576	140	16	𝛿	𝛿	DET
fbem-9576	140	17	𝜎	𝜎	ADJ
fbem-9576	140	18	𝜀	𝜀	X
fbem-9576	140	19	(	(	PUNCT
fbem-9576	140	20	1	1	NUM
fbem-9576	140	21	)	)	PUNCT
fbem-9576	140	22	the	the	DET
fbem-9576	140	23	first	first	ADJ
fbem-9576	140	24	model	model	NOUN
fbem-9576	140	25	compared	compare	VERB
fbem-9576	140	26	the	the	DET
fbem-9576	140	27	relative	relative	ADJ
fbem-9576	140	28	changes	change	NOUN
fbem-9576	140	29	in	in	ADP
fbem-9576	140	30	the	the	DET
fbem-9576	140	31	quantity	quantity	NOUN
fbem-9576	140	32	and	and	CCONJ
fbem-9576	140	33	quality	quality	NOUN
fbem-9576	140	34	of	of	ADP
fbem-9576	140	35	green	green	ADJ
fbem-9576	140	36	innovation	innovation	NOUN
fbem-9576	140	37	of	of	ADP
fbem-9576	140	38	companies	company	NOUN
fbem-9576	140	39	participating	participate	VERB
fbem-9576	140	40	in	in	ADP
fbem-9576	140	41	carbon	carbon	NOUN
fbem-9576	140	42	trading	trading	NOUN
fbem-9576	140	43	with	with	ADP
fbem-9576	140	44	companies	company	NOUN
fbem-9576	140	45	that	that	PRON
fbem-9576	140	46	did	do	VERB
fbem-9576	140	47	n’t	not	PART
fbem-9576	140	48	.	.	PUNCT
fbem-9576	141	1	innovation	innovation	NOUN
fbem-9576	141	2	refers	refer	VERB
fbem-9576	141	3	to	to	ADP
fbem-9576	141	4	the	the	DET
fbem-9576	141	5	number	number	NOUN
fbem-9576	141	6	and	and	CCONJ
fbem-9576	141	7	quality	quality	NOUN
fbem-9576	141	8	of	of	ADP
fbem-9576	141	9	green	green	ADJ
fbem-9576	141	10	patents	patent	NOUN
fbem-9576	141	11	attained	attain	VERB
fbem-9576	141	12	by	by	ADP
fbem-9576	141	13	company	company	NOUN
fbem-9576	141	14	x	x	PUNCT
fbem-9576	141	15	in	in	ADP
fbem-9576	141	16	year	year	NOUN
fbem-9576	141	17	t.	t.	NOUN
fbem-9576	141	18	the	the	DET
fbem-9576	141	19	main	main	ADJ
fbem-9576	141	20	explanatory	explanatory	ADJ
fbem-9576	141	21	variable	variable	NOUN
fbem-9576	141	22	is	be	AUX
fbem-9576	141	23	participation	participation	NOUN
fbem-9576	141	24	,	,	PUNCT
fbem-9576	141	25	the	the	DET
fbem-9576	141	26	dummy	dummy	ADJ
fbem-9576	141	27	variable	variable	NOUN
fbem-9576	141	28	that	that	PRON
fbem-9576	141	29	equals	equal	VERB
fbem-9576	141	30	to	to	ADP
fbem-9576	141	31	1	1	NUM
fbem-9576	141	32	if	if	SCONJ
fbem-9576	141	33	the	the	DET
fbem-9576	141	34	company	company	NOUN
fbem-9576	141	35	participated	participate	VERB
fbem-9576	141	36	in	in	ADP
fbem-9576	141	37	carbon	carbon	NOUN
fbem-9576	141	38	trading	trading	NOUN
fbem-9576	141	39	and	and	CCONJ
fbem-9576	141	40	0	0	NUM
fbem-9576	141	41	otherwise	otherwise	ADV
fbem-9576	141	42	.	.	PUNCT
fbem-9576	142	1	c	c	PROPN
fbem-9576	142	2	refers	refer	VERB
fbem-9576	142	3	to	to	ADP
fbem-9576	142	4	all	all	PRON
fbem-9576	142	5	of	of	ADP
fbem-9576	142	6	the	the	DET
fbem-9576	142	7	controlled	control	VERB
fbem-9576	142	8	variables	variable	NOUN
fbem-9576	142	9	,	,	PUNCT
fbem-9576	142	10	including	include	VERB
fbem-9576	142	11	tobin	tobin	PROPN
fbem-9576	142	12	q	q	PROPN
fbem-9576	142	13	,	,	PUNCT
fbem-9576	142	14	roa	roa	PROPN
fbem-9576	142	15	,	,	PUNCT
fbem-9576	142	16	leverage	leverage	NOUN
fbem-9576	142	17	,	,	PUNCT
fbem-9576	142	18	firm	firm	ADJ
fbem-9576	142	19	size	size	NOUN
fbem-9576	142	20	,	,	PUNCT
fbem-9576	142	21	and	and	CCONJ
fbem-9576	142	22	firm	firm	ADJ
fbem-9576	142	23	age	age	NOUN
fbem-9576	142	24	.	.	PUNCT
fbem-9576	143	1	as	as	SCONJ
fbem-9576	143	2	befits	befit	VERB
fbem-9576	143	3	a	a	DET
fbem-9576	143	4	fixed	fix	VERB
fbem-9576	143	5	-	-	PUNCT
fbem-9576	143	6	effects	effect	NOUN
fbem-9576	143	7	model	model	NOUN
fbem-9576	143	8	,	,	PUNCT
fbem-9576	143	9	δ	δ	PROPN
fbem-9576	143	10	captures	capture	VERB
fbem-9576	143	11	the	the	DET
fbem-9576	143	12	timeinvariant	timeinvariant	ADJ
fbem-9576	143	13	regional	regional	ADJ
fbem-9576	143	14	characteristics	characteristic	NOUN
fbem-9576	143	15	for	for	ADP
fbem-9576	143	16	province	province	NOUN
fbem-9576	143	17	x	x	PUNCT
fbem-9576	143	18	that	that	PRON
fbem-9576	143	19	may	may	AUX
fbem-9576	143	20	be	be	AUX
fbem-9576	143	21	associated	associate	VERB
fbem-9576	143	22	with	with	ADP
fbem-9576	143	23	the	the	DET
fbem-9576	143	24	reform	reform	NOUN
fbem-9576	143	25	,	,	PUNCT
fbem-9576	143	26	whereas	whereas	SCONJ
fbem-9576	143	27	σ	σ	NOUN
fbem-9576	143	28	controls	control	NOUN
fbem-9576	143	29	for	for	ADP
fbem-9576	143	30	the	the	DET
fbem-9576	143	31	temporal	temporal	ADJ
fbem-9576	143	32	effects	effect	NOUN
fbem-9576	143	33	in	in	ADP
fbem-9576	143	34	our	our	PRON
fbem-9576	143	35	estimation	estimation	NOUN
fbem-9576	143	36	.	.	PUNCT
fbem-9576	144	1	ε	ε	PROPN
fbem-9576	144	2	is	be	AUX
fbem-9576	144	3	the	the	DET
fbem-9576	144	4	error	error	NOUN
fbem-9576	144	5	term	term	NOUN
fbem-9576	144	6	.	.	PUNCT
fbem-9576	145	1	we	we	PRON
fbem-9576	145	2	also	also	ADV
fbem-9576	145	3	use	use	VERB
fbem-9576	145	4	the	the	DET
fbem-9576	145	5	main	main	ADJ
fbem-9576	145	6	explanatory	explanatory	ADJ
fbem-9576	145	7	variable	variable	NOUN
fbem-9576	145	8	,	,	PUNCT
fbem-9576	145	9	scheme_benchmark	scheme_benchmark	NOUN
fbem-9576	145	10	,	,	PUNCT
fbem-9576	145	11	the	the	DET
fbem-9576	145	12	dummy	dummy	ADJ
fbem-9576	145	13	variable	variable	NOUN
fbem-9576	145	14	that	that	PRON
fbem-9576	145	15	equals	equal	VERB
fbem-9576	145	16	to	to	ADP
fbem-9576	145	17	1	1	NUM
fbem-9576	145	18	if	if	SCONJ
fbem-9576	145	19	the	the	DET
fbem-9576	145	20	carbon	carbon	NOUN
fbem-9576	145	21	permit	permit	NOUN
fbem-9576	145	22	was	be	AUX
fbem-9576	145	23	allocated	allocate	VERB
fbem-9576	145	24	by	by	ADP
fbem-9576	145	25	the	the	DET
fbem-9576	145	26	benchmark	benchmark	NOUN
fbem-9576	145	27	method	method	NOUN
fbem-9576	145	28	and	and	CCONJ
fbem-9576	145	29	0	0	NUM
fbem-9576	145	30	if	if	SCONJ
fbem-9576	145	31	otherwise	otherwise	ADV
fbem-9576	145	32	,	,	PUNCT
fbem-9576	145	33	and	and	CCONJ
fbem-9576	145	34	scheme_history	scheme_history	PROPN
fbem-9576	145	35	,	,	PUNCT
fbem-9576	145	36	the	the	DET
fbem-9576	145	37	dummy	dummy	ADJ
fbem-9576	145	38	variable	variable	NOUN
fbem-9576	145	39	that	that	PRON
fbem-9576	145	40	equals	equal	VERB
fbem-9576	145	41	to	to	ADP
fbem-9576	145	42	1	1	NUM
fbem-9576	145	43	if	if	SCONJ
fbem-9576	145	44	the	the	DET
fbem-9576	145	45	carbon	carbon	NOUN
fbem-9576	145	46	permit	permit	NOUN
fbem-9576	145	47	was	be	AUX
fbem-9576	145	48	allocated	allocate	VERB
fbem-9576	145	49	by	by	ADP
fbem-9576	145	50	the	the	DET
fbem-9576	145	51	historical	historical	ADJ
fbem-9576	145	52	method	method	NOUN
fbem-9576	145	53	and	and	CCONJ
fbem-9576	145	54	0	0	NUM
fbem-9576	145	55	if	if	SCONJ
fbem-9576	145	56	otherwise	otherwise	ADV
fbem-9576	145	57	.	.	PUNCT
fbem-9576	146	1	we	we	PRON
fbem-9576	146	2	expect	expect	VERB
fbem-9576	146	3	the	the	DET
fbem-9576	146	4	coefficient	coefficient	NOUN
fbem-9576	146	5	β	β	NOUN
fbem-9576	146	6	is	be	AUX
fbem-9576	146	7	positive	positive	ADJ
fbem-9576	146	8	.	.	PUNCT
fbem-9576	147	1	4.1	4.1	NUM
fbem-9576	147	2	.	.	PUNCT
fbem-9576	147	3	baseline	baseline	PROPN
fbem-9576	147	4	results	result	VERB
fbem-9576	147	5	the	the	DET
fbem-9576	147	6	empirical	empirical	ADJ
fbem-9576	147	7	results	result	NOUN
fbem-9576	147	8	of	of	ADP
fbem-9576	147	9	equation	equation	NOUN
fbem-9576	147	10	1	1	NUM
fbem-9576	147	11	is	be	AUX
fbem-9576	147	12	reported	report	VERB
fbem-9576	147	13	in	in	ADP
fbem-9576	147	14	table	table	NOUN
fbem-9576	147	15	3	3	NUM
fbem-9576	147	16	.	.	PUNCT
fbem-9576	147	17	column	column	NOUN
fbem-9576	147	18	1	1	NUM
fbem-9576	147	19	represented	represent	VERB
fbem-9576	147	20	the	the	DET
fbem-9576	147	21	effect	effect	NOUN
fbem-9576	147	22	of	of	ADP
fbem-9576	147	23	participation	participation	NOUN
fbem-9576	147	24	in	in	ADP
fbem-9576	147	25	carbon	carbon	NOUN
fbem-9576	147	26	trading	trading	NOUN
fbem-9576	147	27	on	on	ADP
fbem-9576	147	28	the	the	DET
fbem-9576	147	29	quantity	quantity	NOUN
fbem-9576	147	30	of	of	ADP
fbem-9576	147	31	green	green	ADJ
fbem-9576	147	32	innovation	innovation	NOUN
fbem-9576	147	33	without	without	ADP
fbem-9576	147	34	controlling	control	VERB
fbem-9576	147	35	any	any	DET
fbem-9576	147	36	variable	variable	NOUN
fbem-9576	147	37	.	.	PUNCT
fbem-9576	148	1	column	column	NOUN
fbem-9576	148	2	2	2	NUM
fbem-9576	148	3	represented	represent	VERB
fbem-9576	148	4	the	the	DET
fbem-9576	148	5	effect	effect	NOUN
fbem-9576	148	6	of	of	ADP
fbem-9576	148	7	participation	participation	NOUN
fbem-9576	148	8	in	in	ADP
fbem-9576	148	9	carbon	carbon	NOUN
fbem-9576	148	10	trading	trading	NOUN
fbem-9576	148	11	on	on	ADP
fbem-9576	148	12	the	the	DET
fbem-9576	148	13	quantity	quantity	NOUN
fbem-9576	148	14	of	of	ADP
fbem-9576	148	15	innovation	innovation	NOUN
fbem-9576	148	16	after	after	ADP
fbem-9576	148	17	controlling	control	VERB
fbem-9576	148	18	the	the	DET
fbem-9576	148	19	variables	variable	NOUN
fbem-9576	148	20	.	.	PUNCT
fbem-9576	149	1	column	column	NOUN
fbem-9576	149	2	3	3	NUM
fbem-9576	149	3	represented	represent	VERB
fbem-9576	149	4	the	the	DET
fbem-9576	149	5	effect	effect	NOUN
fbem-9576	149	6	of	of	ADP
fbem-9576	149	7	participation	participation	NOUN
fbem-9576	149	8	in	in	ADP
fbem-9576	149	9	carbon	carbon	NOUN
fbem-9576	149	10	trading	trading	NOUN
fbem-9576	149	11	on	on	ADP
fbem-9576	149	12	the	the	DET
fbem-9576	149	13	quanlity	quanlity	NOUN
fbem-9576	149	14	of	of	ADP
fbem-9576	149	15	green	green	ADJ
fbem-9576	149	16	innovation	innovation	NOUN
fbem-9576	149	17	without	without	ADP
fbem-9576	149	18	controlling	control	VERB
fbem-9576	149	19	any	any	DET
fbem-9576	149	20	variable	variable	NOUN
fbem-9576	149	21	.	.	PUNCT
fbem-9576	150	1	column	column	NOUN
fbem-9576	150	2	4	4	NUM
fbem-9576	150	3	represented	represent	VERB
fbem-9576	150	4	the	the	DET
fbem-9576	150	5	effect	effect	NOUN
fbem-9576	150	6	of	of	ADP
fbem-9576	150	7	participation	participation	NOUN
fbem-9576	150	8	in	in	ADP
fbem-9576	150	9	carbon	carbon	NOUN
fbem-9576	150	10	trading	trading	NOUN
fbem-9576	150	11	on	on	ADP
fbem-9576	150	12	the	the	DET
fbem-9576	150	13	quanlity	quanlity	NOUN
fbem-9576	150	14	of	of	ADP
fbem-9576	150	15	innovation	innovation	NOUN
fbem-9576	150	16	after	after	ADP
fbem-9576	150	17	controlling	control	VERB
fbem-9576	150	18	the	the	DET
fbem-9576	150	19	variables	variable	NOUN
fbem-9576	150	20	.	.	PUNCT
fbem-9576	151	1	based	base	VERB
fbem-9576	151	2	on	on	ADP
fbem-9576	151	3	table	table	NOUN
fbem-9576	151	4	3	3	NUM
fbem-9576	151	5	,	,	PUNCT
fbem-9576	151	6	without	without	ADP
fbem-9576	151	7	controlling	control	VERB
fbem-9576	151	8	covariates	covariate	NOUN
fbem-9576	151	9	,	,	PUNCT
fbem-9576	151	10	carbon	carbon	NOUN
fbem-9576	151	11	emission	emission	NOUN
fbem-9576	151	12	permit	permit	NOUN
fbem-9576	151	13	trading	trading	NOUN
fbem-9576	151	14	pilots	pilot	NOUN
fbem-9576	151	15	had	have	VERB
fbem-9576	151	16	a	a	DET
fbem-9576	151	17	significant	significant	ADJ
fbem-9576	151	18	positive	positive	ADJ
fbem-9576	151	19	impact	impact	NOUN
fbem-9576	151	20	on	on	ADP
fbem-9576	151	21	the	the	DET
fbem-9576	151	22	number	number	NOUN
fbem-9576	151	23	of	of	ADP
fbem-9576	151	24	green	green	ADJ
fbem-9576	151	25	patents	patent	NOUN
fbem-9576	151	26	(	(	PUNCT
fbem-9576	151	27	p<0.01	p<0.01	PROPN
fbem-9576	151	28	)	)	PUNCT
fbem-9576	151	29	,	,	PUNCT
fbem-9576	151	30	indicating	indicate	VERB
fbem-9576	151	31	participation	participation	NOUN
fbem-9576	151	32	in	in	ADP
fbem-9576	151	33	carbon	carbon	NOUN
fbem-9576	151	34	permit	permit	NOUN
fbem-9576	151	35	trading	trading	NOUN
fbem-9576	151	36	increased	increase	VERB
fbem-9576	151	37	the	the	DET
fbem-9576	151	38	number	number	NOUN
fbem-9576	151	39	of	of	ADP
fbem-9576	151	40	green	green	ADJ
fbem-9576	151	41	innovations	innovation	NOUN
fbem-9576	151	42	.	.	PUNCT
fbem-9576	152	1	in	in	ADP
fbem-9576	152	2	column	column	NOUN
fbem-9576	152	3	2	2	NUM
fbem-9576	152	4	,	,	PUNCT
fbem-9576	152	5	both	both	CCONJ
fbem-9576	152	6	the	the	DET
fbem-9576	152	7	independent	independent	ADJ
fbem-9576	152	8	and	and	CCONJ
fbem-9576	152	9	control	control	NOUN
fbem-9576	152	10	variables	variable	NOUN
fbem-9576	152	11	were	be	AUX
fbem-9576	152	12	considered	consider	VERB
fbem-9576	152	13	.	.	PUNCT
fbem-9576	153	1	after	after	ADP
fbem-9576	153	2	controlling	control	VERB
fbem-9576	153	3	tobin	tobin	PROPN
fbem-9576	153	4	q	q	PROPN
fbem-9576	153	5	,	,	PUNCT
fbem-9576	153	6	roa	roa	PROPN
fbem-9576	153	7	,	,	PUNCT
fbem-9576	153	8	leverage	leverage	NOUN
fbem-9576	153	9	,	,	PUNCT
fbem-9576	153	10	size	size	NOUN
fbem-9576	153	11	,	,	PUNCT
fbem-9576	153	12	and	and	CCONJ
fbem-9576	153	13	firm	firm	ADJ
fbem-9576	153	14	age	age	NOUN
fbem-9576	153	15	,	,	PUNCT
fbem-9576	153	16	participation	participation	NOUN
fbem-9576	153	17	in	in	ADP
fbem-9576	153	18	carbon	carbon	NOUN
fbem-9576	153	19	emission	emission	NOUN
fbem-9576	153	20	permit	permit	NOUN
fbem-9576	153	21	trading	trading	NOUN
fbem-9576	153	22	still	still	ADV
fbem-9576	153	23	exerted	exert	VERB
fbem-9576	153	24	a	a	DET
fbem-9576	153	25	statistically	statistically	ADV
fbem-9576	153	26	significant	significant	ADJ
fbem-9576	153	27	and	and	CCONJ
fbem-9576	153	28	positive	positive	ADJ
fbem-9576	153	29	impact	impact	NOUN
fbem-9576	153	30	on	on	ADP
fbem-9576	153	31	the	the	DET
fbem-9576	153	32	number	number	NOUN
fbem-9576	153	33	of	of	ADP
fbem-9576	153	34	green	green	ADJ
fbem-9576	153	35	patents	patent	NOUN
fbem-9576	153	36	.	.	PUNCT
fbem-9576	154	1	the	the	DET
fbem-9576	154	2	strength	strength	NOUN
fbem-9576	154	3	of	of	ADP
fbem-9576	154	4	this	this	DET
fbem-9576	154	5	relationship	relationship	NOUN
fbem-9576	154	6	was	be	AUX
fbem-9576	154	7	stronger	strong	ADJ
fbem-9576	154	8	compared	compare	VERB
fbem-9576	154	9	with	with	ADP
fbem-9576	154	10	column	column	NOUN
fbem-9576	154	11	1	1	NUM
fbem-9576	154	12	as	as	SCONJ
fbem-9576	154	13	the	the	DET
fbem-9576	154	14	coefficient	coefficient	NOUN
fbem-9576	154	15	increased	increase	VERB
fbem-9576	154	16	.	.	PUNCT
fbem-9576	155	1	in	in	ADP
fbem-9576	155	2	addition	addition	NOUN
fbem-9576	155	3	,	,	PUNCT
fbem-9576	155	4	the	the	DET
fbem-9576	155	5	age	age	NOUN
fbem-9576	155	6	of	of	ADP
fbem-9576	155	7	the	the	DET
fbem-9576	155	8	firm	firm	NOUN
fbem-9576	155	9	exerted	exert	VERB
fbem-9576	155	10	a	a	DET
fbem-9576	155	11	statistically	statistically	ADV
fbem-9576	155	12	significant	significant	ADJ
fbem-9576	155	13	effect	effect	NOUN
fbem-9576	155	14	on	on	ADP
fbem-9576	155	15	the	the	DET
fbem-9576	155	16	number	number	NOUN
fbem-9576	155	17	of	of	ADP
fbem-9576	155	18	patents	patent	NOUN
fbem-9576	155	19	,	,	PUNCT
fbem-9576	155	20	while	while	SCONJ
fbem-9576	155	21	the	the	DET
fbem-9576	155	22	strength	strength	NOUN
fbem-9576	155	23	of	of	ADP
fbem-9576	155	24	this	this	DET
fbem-9576	155	25	relationship	relationship	NOUN
fbem-9576	155	26	also	also	ADV
fbem-9576	155	27	increased	increase	VERB
fbem-9576	155	28	as	as	SCONJ
fbem-9576	155	29	the	the	DET
fbem-9576	155	30	p	p	NOUN
fbem-9576	155	31	-	-	PUNCT
fbem-9576	155	32	value	value	NOUN
fbem-9576	155	33	decreased	decrease	VERB
fbem-9576	155	34	to	to	ADP
fbem-9576	155	35	below	below	ADP
fbem-9576	155	36	the	the	DET
fbem-9576	155	37	5	5	NUM
fbem-9576	155	38	%	%	NOUN
fbem-9576	155	39	significance	significance	NOUN
fbem-9576	155	40	level	level	NOUN
fbem-9576	155	41	.	.	PUNCT
fbem-9576	156	1	table	table	NOUN
fbem-9576	156	2	3	3	NUM
fbem-9576	156	3	.	.	PUNCT
fbem-9576	157	1	the	the	DET
fbem-9576	157	2	impact	impact	NOUN
fbem-9576	157	3	of	of	ADP
fbem-9576	157	4	carbon	carbon	NOUN
fbem-9576	157	5	trading	trading	NOUN
fbem-9576	157	6	pilots	pilot	NOUN
fbem-9576	157	7	on	on	ADP
fbem-9576	157	8	green	green	ADJ
fbem-9576	157	9	innovation	innovation	NOUN
fbem-9576	157	10	:	:	PUNCT
fbem-9576	157	11	baseline	baseline	VERB
fbem-9576	157	12	quantity	quantity	NOUN
fbem-9576	157	13	of	of	ADP
fbem-9576	157	14	green	green	ADJ
fbem-9576	157	15	innovation	innovation	NOUN
fbem-9576	157	16	quanlity	quanlity	NOUN
fbem-9576	157	17	of	of	ADP
fbem-9576	157	18	green	green	ADJ
fbem-9576	157	19	innovation	innovation	NOUN
fbem-9576	157	20	(	(	PUNCT
fbem-9576	157	21	1	1	NUM
fbem-9576	157	22	)	)	PUNCT
fbem-9576	157	23	(	(	PUNCT
fbem-9576	157	24	2	2	NUM
fbem-9576	157	25	)	)	PUNCT
fbem-9576	157	26	(	(	PUNCT
fbem-9576	157	27	3	3	X
fbem-9576	157	28	)	)	PUNCT
fbem-9576	157	29	(	(	PUNCT
fbem-9576	157	30	4	4	X
fbem-9576	157	31	)	)	PUNCT
fbem-9576	157	32	pilot	pilot	NOUN
fbem-9576	157	33	0.035	0.035	NUM
fbem-9576	157	34	*	*	PUNCT
fbem-9576	158	1	*	*	PUNCT
fbem-9576	158	2	*	*	PUNCT
fbem-9576	158	3	0.038	0.038	NUM
fbem-9576	158	4	*	*	PUNCT
fbem-9576	158	5	*	*	PUNCT
fbem-9576	158	6	*	*	PUNCT
fbem-9576	158	7	-0.017	-0.017	PROPN
fbem-9576	158	8	*	*	ADJ
fbem-9576	158	9	-0.015	-0.015	PUNCT
fbem-9576	158	10	(	(	PUNCT
fbem-9576	158	11	0.010	0.010	NUM
fbem-9576	158	12	)	)	PUNCT
fbem-9576	158	13	(	(	PUNCT
fbem-9576	158	14	0.010	0.010	NUM
fbem-9576	158	15	)	)	PUNCT
fbem-9576	158	16	(	(	PUNCT
fbem-9576	158	17	0.010	0.010	NUM
fbem-9576	158	18	)	)	PUNCT
fbem-9576	158	19	(	(	PUNCT
fbem-9576	158	20	0.010	0.010	NUM
fbem-9576	158	21	)	)	PUNCT
fbem-9576	158	22	tobinq	tobinq	NOUN
fbem-9576	158	23	-0.004	-0.004	PUNCT
fbem-9576	158	24	0.003	0.003	NUM
fbem-9576	158	25	(	(	PUNCT
fbem-9576	158	26	0.003	0.003	NUM
fbem-9576	158	27	)	)	PUNCT
fbem-9576	158	28	(	(	PUNCT
fbem-9576	158	29	0.003	0.003	NUM
fbem-9576	158	30	)	)	PUNCT
fbem-9576	158	31	roa	roa	NOUN
fbem-9576	158	32	-0.059	-0.059	PROPN
fbem-9576	158	33	-0.015	-0.015	PUNCT
fbem-9576	158	34	(	(	PUNCT
fbem-9576	158	35	0.050	0.050	NUM
fbem-9576	158	36	)	)	PUNCT
fbem-9576	158	37	(	(	PUNCT
fbem-9576	158	38	0.048	0.048	NUM
fbem-9576	158	39	)	)	PUNCT
fbem-9576	158	40	lev	lev	NOUN
fbem-9576	158	41	0.031	0.031	NUM
fbem-9576	158	42	-0.023	-0.023	NUM
fbem-9576	158	43	(	(	PUNCT
fbem-9576	158	44	0.022	0.022	NUM
fbem-9576	158	45	)	)	PUNCT
fbem-9576	158	46	(	(	PUNCT
fbem-9576	158	47	0.022	0.022	NUM
fbem-9576	158	48	)	)	PUNCT
fbem-9576	158	49	size	size	NOUN
fbem-9576	158	50	-0.006	-0.006	PROPN
fbem-9576	158	51	0.043	0.043	NUM
fbem-9576	158	52	*	*	PUNCT
fbem-9576	158	53	*	*	PUNCT
fbem-9576	158	54	*	*	PUNCT
fbem-9576	158	55	(	(	PUNCT
fbem-9576	158	56	0.005	0.005	NUM
fbem-9576	158	57	)	)	PUNCT
fbem-9576	158	58	(	(	PUNCT
fbem-9576	158	59	0.005	0.005	NUM
fbem-9576	158	60	)	)	PUNCT
fbem-9576	158	61	firmage	firmage	NOUN
fbem-9576	158	62	0.039	0.039	NUM
fbem-9576	158	63	*	*	NOUN
fbem-9576	158	64	*	*	PROPN
fbem-9576	158	65	0.017	0.017	NUM
fbem-9576	158	66	(	(	PUNCT
fbem-9576	158	67	0.019	0.019	NUM
fbem-9576	158	68	)	)	PUNCT
fbem-9576	158	69	(	(	PUNCT
fbem-9576	158	70	0.018	0.018	NUM
fbem-9576	158	71	)	)	PUNCT
fbem-9576	158	72	constant	constant	ADJ
fbem-9576	158	73	0.041	0.041	NUM
fbem-9576	158	74	*	*	PUNCT
fbem-9576	158	75	*	*	PUNCT
fbem-9576	158	76	*	*	X
fbem-9576	158	77	0.068	0.068	NUM
fbem-9576	158	78	0.111	0.111	NUM
fbem-9576	158	79	*	*	PUNCT
fbem-9576	158	80	*	*	PUNCT
fbem-9576	158	81	*	*	PUNCT
fbem-9576	158	82	-0.881	-0.881	PUNCT
fbem-9576	158	83	*	*	PUNCT
fbem-9576	158	84	*	*	PUNCT
fbem-9576	158	85	*	*	PUNCT
fbem-9576	158	86	(	(	PUNCT
fbem-9576	158	87	0.003	0.003	NUM
fbem-9576	158	88	)	)	PUNCT
fbem-9576	158	89	(	(	PUNCT
fbem-9576	158	90	0.121	0.121	NUM
fbem-9576	158	91	)	)	PUNCT
fbem-9576	158	92	(	(	PUNCT
fbem-9576	158	93	0.003	0.003	NUM
fbem-9576	158	94	)	)	PUNCT
fbem-9576	158	95	(	(	PUNCT
fbem-9576	158	96	0.118	0.118	NUM
fbem-9576	158	97	)	)	PUNCT
fbem-9576	158	98	observations	observation	NOUN
fbem-9576	159	1	9,502	9,502	NUM
fbem-9576	159	2	9,379	9,379	NUM
fbem-9576	160	1	9,234	9,234	NUM
fbem-9576	160	2	9,115	9,115	NUM
fbem-9576	160	3	r	r	NOUN
fbem-9576	160	4	-	-	PUNCT
fbem-9576	160	5	squared	square	VERB
fbem-9576	160	6	0.551	0.551	NUM
fbem-9576	160	7	0.554	0.554	NUM
fbem-9576	160	8	0.367	0.367	NUM
fbem-9576	160	9	0.375	0.375	NUM
fbem-9576	160	10	note	note	NOUN
fbem-9576	160	11	:	:	PUNCT
fbem-9576	160	12	standard	standard	ADJ
fbem-9576	160	13	errors	error	NOUN
fbem-9576	160	14	in	in	ADP
fbem-9576	160	15	parentheses	parenthesis	NOUN
fbem-9576	160	16	.	.	PUNCT
fbem-9576	161	1	*	*	PUNCT
fbem-9576	161	2	*	*	PUNCT
fbem-9576	161	3	*	*	PUNCT
fbem-9576	161	4	p<0.01	p<0.01	PROPN
fbem-9576	161	5	,	,	PUNCT
fbem-9576	161	6	*	*	PUNCT
fbem-9576	161	7	*	*	PUNCT
fbem-9576	161	8	p<0.05	p<0.05	NOUN
fbem-9576	161	9	,	,	PUNCT
fbem-9576	161	10	*	*	PUNCT
fbem-9576	161	11	p<0.1	p<0.1	NUM
fbem-9576	161	12	based	base	VERB
fbem-9576	161	13	on	on	ADP
fbem-9576	161	14	table	table	NOUN
fbem-9576	161	15	3	3	NUM
fbem-9576	161	16	,	,	PUNCT
fbem-9576	161	17	participation	participation	NOUN
fbem-9576	161	18	in	in	ADP
fbem-9576	161	19	carbon	carbon	NOUN
fbem-9576	161	20	trading	trading	NOUN
fbem-9576	161	21	could	could	AUX
fbem-9576	161	22	significantly	significantly	ADV
fbem-9576	161	23	increase	increase	VERB
fbem-9576	161	24	the	the	DET
fbem-9576	161	25	level	level	NOUN
fbem-9576	161	26	of	of	ADP
fbem-9576	161	27	green	green	ADJ
fbem-9576	161	28	innovation	innovation	NOUN
fbem-9576	161	29	of	of	ADP
fbem-9576	161	30	159	159	NUM
fbem-9576	161	31	companies	company	NOUN
fbem-9576	161	32	.	.	PUNCT
fbem-9576	162	1	in	in	ADP
fbem-9576	162	2	addition	addition	NOUN
fbem-9576	162	3	to	to	ADP
fbem-9576	162	4	the	the	DET
fbem-9576	162	5	number	number	NOUN
fbem-9576	162	6	of	of	ADP
fbem-9576	162	7	green	green	ADJ
fbem-9576	162	8	patents	patent	NOUN
fbem-9576	162	9	attained	attain	VERB
fbem-9576	162	10	,	,	PUNCT
fbem-9576	162	11	this	this	DET
fbem-9576	162	12	paper	paper	NOUN
fbem-9576	162	13	also	also	ADV
fbem-9576	162	14	considered	consider	VERB
fbem-9576	162	15	the	the	DET
fbem-9576	162	16	quality	quality	NOUN
fbem-9576	162	17	of	of	ADP
fbem-9576	162	18	green	green	ADJ
fbem-9576	162	19	patents	patent	NOUN
fbem-9576	162	20	.	.	PUNCT
fbem-9576	163	1	without	without	ADP
fbem-9576	163	2	controlling	control	VERB
fbem-9576	163	3	covariates	covariate	NOUN
fbem-9576	163	4	,	,	PUNCT
fbem-9576	163	5	involvement	involvement	NOUN
fbem-9576	163	6	in	in	ADP
fbem-9576	163	7	carbon	carbon	NOUN
fbem-9576	163	8	emission	emission	NOUN
fbem-9576	163	9	permit	permit	NOUN
fbem-9576	163	10	trading	trading	NOUN
fbem-9576	163	11	did	do	AUX
fbem-9576	163	12	have	have	VERB
fbem-9576	163	13	a	a	DET
fbem-9576	163	14	significant	significant	ADJ
fbem-9576	163	15	and	and	CCONJ
fbem-9576	163	16	negative	negative	ADJ
fbem-9576	163	17	impact	impact	NOUN
fbem-9576	163	18	on	on	ADP
fbem-9576	163	19	the	the	DET
fbem-9576	163	20	quality	quality	NOUN
fbem-9576	163	21	of	of	ADP
fbem-9576	163	22	green	green	ADJ
fbem-9576	163	23	patents	patent	NOUN
fbem-9576	163	24	(	(	PUNCT
fbem-9576	163	25	p<0.1	p<0.1	NOUN
fbem-9576	163	26	)	)	PUNCT
fbem-9576	163	27	obtained	obtain	VERB
fbem-9576	163	28	.	.	PUNCT
fbem-9576	164	1	however	however	ADV
fbem-9576	164	2	,	,	PUNCT
fbem-9576	164	3	after	after	ADP
fbem-9576	164	4	controlling	control	VERB
fbem-9576	164	5	tobin	tobin	PROPN
fbem-9576	164	6	q	q	PROPN
fbem-9576	164	7	,	,	PUNCT
fbem-9576	164	8	roa	roa	PROPN
fbem-9576	164	9	,	,	PUNCT
fbem-9576	164	10	leverage	leverage	NOUN
fbem-9576	164	11	,	,	PUNCT
fbem-9576	164	12	firm	firm	ADJ
fbem-9576	164	13	age	age	NOUN
fbem-9576	164	14	,	,	PUNCT
fbem-9576	164	15	and	and	CCONJ
fbem-9576	164	16	firm	firm	ADJ
fbem-9576	164	17	size	size	NOUN
fbem-9576	164	18	,	,	PUNCT
fbem-9576	164	19	participation	participation	NOUN
fbem-9576	164	20	in	in	ADP
fbem-9576	164	21	carbon	carbon	NOUN
fbem-9576	164	22	trading	trading	NOUN
fbem-9576	164	23	no	no	ADV
fbem-9576	164	24	longer	long	ADV
fbem-9576	164	25	exerted	exert	VERB
fbem-9576	164	26	a	a	DET
fbem-9576	164	27	statistically	statistically	ADV
fbem-9576	164	28	significant	significant	ADJ
fbem-9576	164	29	effect	effect	NOUN
fbem-9576	164	30	on	on	ADP
fbem-9576	164	31	the	the	DET
fbem-9576	164	32	quality	quality	NOUN
fbem-9576	164	33	of	of	ADP
fbem-9576	164	34	green	green	ADJ
fbem-9576	164	35	patents	patent	NOUN
fbem-9576	164	36	.	.	PUNCT
fbem-9576	165	1	this	this	PRON
fbem-9576	165	2	meant	mean	VERB
fbem-9576	165	3	the	the	DET
fbem-9576	165	4	quality	quality	NOUN
fbem-9576	165	5	of	of	ADP
fbem-9576	165	6	green	green	ADJ
fbem-9576	165	7	innovation	innovation	NOUN
fbem-9576	165	8	of	of	ADP
fbem-9576	165	9	companies	company	NOUN
fbem-9576	165	10	that	that	PRON
fbem-9576	165	11	participated	participate	VERB
fbem-9576	165	12	in	in	ADP
fbem-9576	165	13	carbon	carbon	NOUN
fbem-9576	165	14	permit	permit	NOUN
fbem-9576	165	15	trading	trading	NOUN
fbem-9576	165	16	was	be	AUX
fbem-9576	165	17	not	not	PART
fbem-9576	165	18	outstandingly	outstandingly	ADV
fbem-9576	165	19	better	well	ADJ
fbem-9576	165	20	than	than	ADP
fbem-9576	165	21	companies	company	NOUN
fbem-9576	165	22	that	that	PRON
fbem-9576	165	23	did	do	VERB
fbem-9576	165	24	n’t	not	PART
fbem-9576	165	25	.	.	PUNCT
fbem-9576	166	1	in	in	ADP
fbem-9576	166	2	addition	addition	NOUN
fbem-9576	166	3	,	,	PUNCT
fbem-9576	166	4	this	this	DET
fbem-9576	166	5	paper	paper	NOUN
fbem-9576	166	6	also	also	ADV
fbem-9576	166	7	analyzed	analyze	VERB
fbem-9576	166	8	the	the	DET
fbem-9576	166	9	effect	effect	NOUN
fbem-9576	166	10	of	of	ADP
fbem-9576	166	11	different	different	ADJ
fbem-9576	166	12	methods	method	NOUN
fbem-9576	166	13	of	of	ADP
fbem-9576	166	14	allocating	allocate	VERB
fbem-9576	166	15	the	the	DET
fbem-9576	166	16	permits	permit	NOUN
fbem-9576	166	17	on	on	ADP
fbem-9576	166	18	the	the	DET
fbem-9576	166	19	quantity	quantity	NOUN
fbem-9576	166	20	and	and	CCONJ
fbem-9576	166	21	quality	quality	NOUN
fbem-9576	166	22	of	of	ADP
fbem-9576	166	23	green	green	ADJ
fbem-9576	166	24	innovation	innovation	NOUN
fbem-9576	166	25	in	in	ADP
fbem-9576	166	26	table	table	NOUN
fbem-9576	166	27	4	4	NUM
fbem-9576	166	28	.	.	PUNCT
fbem-9576	167	1	for	for	ADP
fbem-9576	167	2	this	this	DET
fbem-9576	167	3	section	section	NOUN
fbem-9576	167	4	,	,	PUNCT
fbem-9576	167	5	data	datum	NOUN
fbem-9576	167	6	from	from	ADP
fbem-9576	167	7	chongqing	chongqing	PROPN
fbem-9576	167	8	were	be	AUX
fbem-9576	167	9	deleted	delete	VERB
fbem-9576	167	10	as	as	ADP
fbem-9576	167	11	the	the	DET
fbem-9576	167	12	methods	method	NOUN
fbem-9576	167	13	of	of	ADP
fbem-9576	167	14	allocation	allocation	NOUN
fbem-9576	167	15	were	be	AUX
fbem-9576	167	16	self	self	NOUN
fbem-9576	167	17	-	-	PUNCT
fbem-9576	167	18	reported	report	VERB
fbem-9576	167	19	in	in	ADP
fbem-9576	167	20	chongqing	chongqing	PROPN
fbem-9576	167	21	.	.	PUNCT
fbem-9576	168	1	scheme_benchmark	scheme_benchmark	PROPN
fbem-9576	168	2	was	be	AUX
fbem-9576	168	3	the	the	DET
fbem-9576	168	4	proxy	proxy	ADJ
fbem-9576	168	5	variable	variable	NOUN
fbem-9576	168	6	for	for	ADP
fbem-9576	168	7	the	the	DET
fbem-9576	168	8	benchmark	benchmark	NOUN
fbem-9576	168	9	method	method	NOUN
fbem-9576	168	10	of	of	ADP
fbem-9576	168	11	allocation	allocation	NOUN
fbem-9576	168	12	,	,	PUNCT
fbem-9576	168	13	while	while	SCONJ
fbem-9576	168	14	scheme_history	scheme_history	ADJ
fbem-9576	168	15	was	be	AUX
fbem-9576	168	16	the	the	DET
fbem-9576	168	17	proxy	proxy	ADJ
fbem-9576	168	18	variable	variable	NOUN
fbem-9576	168	19	for	for	ADP
fbem-9576	168	20	the	the	DET
fbem-9576	168	21	historical	historical	ADJ
fbem-9576	168	22	method	method	NOUN
fbem-9576	168	23	of	of	ADP
fbem-9576	168	24	allocation	allocation	NOUN
fbem-9576	168	25	.	.	PUNCT
fbem-9576	169	1	column	column	NOUN
fbem-9576	169	2	1	1	NUM
fbem-9576	169	3	represented	represent	VERB
fbem-9576	169	4	the	the	DET
fbem-9576	169	5	effect	effect	NOUN
fbem-9576	169	6	of	of	ADP
fbem-9576	169	7	the	the	DET
fbem-9576	169	8	benchmark	benchmark	NOUN
fbem-9576	169	9	method	method	NOUN
fbem-9576	169	10	of	of	ADP
fbem-9576	169	11	allocating	allocate	VERB
fbem-9576	169	12	the	the	DET
fbem-9576	169	13	permit	permit	NOUN
fbem-9576	169	14	on	on	ADP
fbem-9576	169	15	the	the	DET
fbem-9576	169	16	quantity	quantity	NOUN
fbem-9576	169	17	or	or	CCONJ
fbem-9576	169	18	quality	quality	NOUN
fbem-9576	169	19	of	of	ADP
fbem-9576	169	20	green	green	ADJ
fbem-9576	169	21	innovation	innovation	NOUN
fbem-9576	169	22	with	with	ADP
fbem-9576	169	23	controll	controll	PROPN
fbem-9576	169	24	variables	variable	NOUN
fbem-9576	169	25	.	.	PUNCT
fbem-9576	170	1	column	column	NOUN
fbem-9576	170	2	2	2	NUM
fbem-9576	170	3	represented	represent	VERB
fbem-9576	170	4	the	the	DET
fbem-9576	170	5	effect	effect	NOUN
fbem-9576	170	6	of	of	ADP
fbem-9576	170	7	the	the	DET
fbem-9576	170	8	historical	historical	ADJ
fbem-9576	170	9	method	method	NOUN
fbem-9576	170	10	of	of	ADP
fbem-9576	170	11	allocating	allocate	VERB
fbem-9576	170	12	the	the	DET
fbem-9576	170	13	permit	permit	NOUN
fbem-9576	170	14	on	on	ADP
fbem-9576	170	15	the	the	DET
fbem-9576	170	16	quantity	quantity	NOUN
fbem-9576	170	17	or	or	CCONJ
fbem-9576	170	18	quality	quality	NOUN
fbem-9576	170	19	of	of	ADP
fbem-9576	170	20	green	green	ADJ
fbem-9576	170	21	innovation	innovation	NOUN
fbem-9576	170	22	with	with	ADP
fbem-9576	170	23	controll	controll	PROPN
fbem-9576	170	24	variables	variable	NOUN
fbem-9576	170	25	.	.	PUNCT
fbem-9576	171	1	column	column	NOUN
fbem-9576	171	2	1	1	NUM
fbem-9576	171	3	and	and	CCONJ
fbem-9576	171	4	column	column	NOUN
fbem-9576	171	5	2	2	NUM
fbem-9576	171	6	in	in	ADP
fbem-9576	171	7	table	table	NOUN
fbem-9576	171	8	4	4	NUM
fbem-9576	171	9	analyzed	analyze	VERB
fbem-9576	171	10	the	the	DET
fbem-9576	171	11	effect	effect	NOUN
fbem-9576	171	12	of	of	ADP
fbem-9576	171	13	different	different	ADJ
fbem-9576	171	14	methods	method	NOUN
fbem-9576	171	15	of	of	ADP
fbem-9576	171	16	allocating	allocate	VERB
fbem-9576	171	17	the	the	DET
fbem-9576	171	18	permits	permit	NOUN
fbem-9576	171	19	on	on	ADP
fbem-9576	171	20	the	the	DET
fbem-9576	171	21	quantity	quantity	NOUN
fbem-9576	171	22	of	of	ADP
fbem-9576	171	23	green	green	ADJ
fbem-9576	171	24	innovation	innovation	NOUN
fbem-9576	171	25	.	.	PUNCT
fbem-9576	172	1	based	base	VERB
fbem-9576	172	2	on	on	ADP
fbem-9576	172	3	column	column	NOUN
fbem-9576	172	4	1	1	NUM
fbem-9576	172	5	,	,	PUNCT
fbem-9576	172	6	the	the	DET
fbem-9576	172	7	benchmark	benchmark	NOUN
fbem-9576	172	8	method	method	NOUN
fbem-9576	172	9	of	of	ADP
fbem-9576	172	10	allocation	allocation	NOUN
fbem-9576	172	11	did	do	AUX
fbem-9576	172	12	not	not	PART
fbem-9576	172	13	have	have	VERB
fbem-9576	172	14	a	a	DET
fbem-9576	172	15	statistically	statistically	ADV
fbem-9576	172	16	significant	significant	ADJ
fbem-9576	172	17	effect	effect	NOUN
fbem-9576	172	18	on	on	ADP
fbem-9576	172	19	the	the	DET
fbem-9576	172	20	number	number	NOUN
fbem-9576	172	21	of	of	ADP
fbem-9576	172	22	patents	patent	NOUN
fbem-9576	172	23	,	,	PUNCT
fbem-9576	172	24	indicating	indicate	VERB
fbem-9576	172	25	it	it	PRON
fbem-9576	172	26	does	do	AUX
fbem-9576	172	27	not	not	PART
fbem-9576	172	28	account	account	VERB
fbem-9576	172	29	for	for	ADP
fbem-9576	172	30	the	the	DET
fbem-9576	172	31	increase	increase	NOUN
fbem-9576	172	32	in	in	ADP
fbem-9576	172	33	patent	patent	NOUN
fbem-9576	172	34	.	.	PUNCT
fbem-9576	173	1	nonetheless	nonetheless	ADV
fbem-9576	173	2	,	,	PUNCT
fbem-9576	173	3	according	accord	VERB
fbem-9576	173	4	to	to	ADP
fbem-9576	173	5	column	column	NOUN
fbem-9576	173	6	2	2	NUM
fbem-9576	173	7	,	,	PUNCT
fbem-9576	173	8	the	the	DET
fbem-9576	173	9	historical	historical	ADJ
fbem-9576	173	10	method	method	NOUN
fbem-9576	173	11	of	of	ADP
fbem-9576	173	12	allocation	allocation	NOUN
fbem-9576	173	13	had	have	VERB
fbem-9576	173	14	a	a	DET
fbem-9576	173	15	statistically	statistically	ADV
fbem-9576	173	16	significant	significant	ADJ
fbem-9576	173	17	and	and	CCONJ
fbem-9576	173	18	positive	positive	ADJ
fbem-9576	173	19	effect	effect	NOUN
fbem-9576	173	20	on	on	ADP
fbem-9576	173	21	the	the	DET
fbem-9576	173	22	number	number	NOUN
fbem-9576	173	23	of	of	ADP
fbem-9576	173	24	patents	patent	NOUN
fbem-9576	173	25	,	,	PUNCT
fbem-9576	173	26	indicating	indicate	VERB
fbem-9576	173	27	companies	company	NOUN
fbem-9576	173	28	whose	whose	DET
fbem-9576	173	29	permits	permit	NOUN
fbem-9576	173	30	were	be	AUX
fbem-9576	173	31	allocated	allocate	VERB
fbem-9576	173	32	by	by	ADP
fbem-9576	173	33	the	the	DET
fbem-9576	173	34	historical	historical	ADJ
fbem-9576	173	35	method	method	NOUN
fbem-9576	173	36	tend	tend	VERB
fbem-9576	173	37	to	to	PART
fbem-9576	173	38	obtain	obtain	VERB
fbem-9576	173	39	more	more	ADJ
fbem-9576	173	40	patents	patent	NOUN
fbem-9576	173	41	.	.	PUNCT
fbem-9576	174	1	column	column	NOUN
fbem-9576	174	2	3	3	NUM
fbem-9576	174	3	and	and	CCONJ
fbem-9576	174	4	column	column	NOUN
fbem-9576	174	5	4	4	NUM
fbem-9576	174	6	in	in	ADP
fbem-9576	174	7	table	table	NOUN
fbem-9576	174	8	4	4	NUM
fbem-9576	174	9	analyzed	analyze	VERB
fbem-9576	174	10	the	the	DET
fbem-9576	174	11	effect	effect	NOUN
fbem-9576	174	12	of	of	ADP
fbem-9576	174	13	different	different	ADJ
fbem-9576	174	14	methods	method	NOUN
fbem-9576	174	15	of	of	ADP
fbem-9576	174	16	allocating	allocate	VERB
fbem-9576	174	17	the	the	DET
fbem-9576	174	18	permits	permit	NOUN
fbem-9576	174	19	on	on	ADP
fbem-9576	174	20	the	the	DET
fbem-9576	174	21	quality	quality	NOUN
fbem-9576	174	22	of	of	ADP
fbem-9576	174	23	green	green	ADJ
fbem-9576	174	24	innovation	innovation	NOUN
fbem-9576	174	25	.	.	PUNCT
fbem-9576	175	1	similarly	similarly	ADV
fbem-9576	175	2	,	,	PUNCT
fbem-9576	175	3	based	base	VERB
fbem-9576	175	4	on	on	ADP
fbem-9576	175	5	column	column	NOUN
fbem-9576	175	6	3	3	NUM
fbem-9576	175	7	,	,	PUNCT
fbem-9576	175	8	the	the	DET
fbem-9576	175	9	benchmark	benchmark	NOUN
fbem-9576	175	10	method	method	NOUN
fbem-9576	175	11	of	of	ADP
fbem-9576	175	12	allocation	allocation	NOUN
fbem-9576	175	13	did	do	AUX
fbem-9576	175	14	not	not	PART
fbem-9576	175	15	have	have	VERB
fbem-9576	175	16	a	a	DET
fbem-9576	175	17	statistically	statistically	ADV
fbem-9576	175	18	significant	significant	ADJ
fbem-9576	175	19	effect	effect	NOUN
fbem-9576	175	20	on	on	ADP
fbem-9576	175	21	the	the	DET
fbem-9576	175	22	quality	quality	NOUN
fbem-9576	175	23	of	of	ADP
fbem-9576	175	24	green	green	ADJ
fbem-9576	175	25	patents	patent	NOUN
fbem-9576	175	26	,	,	PUNCT
fbem-9576	175	27	which	which	PRON
fbem-9576	175	28	was	be	AUX
fbem-9576	175	29	consistent	consistent	ADJ
fbem-9576	175	30	with	with	ADP
fbem-9576	175	31	the	the	DET
fbem-9576	175	32	overall	overall	ADJ
fbem-9576	175	33	relationship	relationship	NOUN
fbem-9576	175	34	between	between	ADP
fbem-9576	175	35	pilot	pilot	NOUN
fbem-9576	175	36	implementations	implementation	NOUN
fbem-9576	175	37	and	and	CCONJ
fbem-9576	175	38	the	the	DET
fbem-9576	175	39	quality	quality	NOUN
fbem-9576	175	40	of	of	ADP
fbem-9576	175	41	green	green	ADJ
fbem-9576	175	42	patents	patent	NOUN
fbem-9576	175	43	.	.	PUNCT
fbem-9576	176	1	however	however	ADV
fbem-9576	176	2	,	,	PUNCT
fbem-9576	176	3	according	accord	VERB
fbem-9576	176	4	to	to	ADP
fbem-9576	176	5	column	column	NOUN
fbem-9576	176	6	4	4	NUM
fbem-9576	176	7	,	,	PUNCT
fbem-9576	176	8	the	the	DET
fbem-9576	176	9	historical	historical	ADJ
fbem-9576	176	10	method	method	NOUN
fbem-9576	176	11	of	of	ADP
fbem-9576	176	12	allocation	allocation	NOUN
fbem-9576	176	13	did	do	AUX
fbem-9576	176	14	have	have	VERB
fbem-9576	176	15	a	a	DET
fbem-9576	176	16	statistically	statistically	ADV
fbem-9576	176	17	significant	significant	ADJ
fbem-9576	176	18	but	but	CCONJ
fbem-9576	176	19	negative	negative	ADJ
fbem-9576	176	20	effect	effect	NOUN
fbem-9576	176	21	on	on	ADP
fbem-9576	176	22	the	the	DET
fbem-9576	176	23	number	number	NOUN
fbem-9576	176	24	of	of	ADP
fbem-9576	176	25	patents	patent	NOUN
fbem-9576	176	26	,	,	PUNCT
fbem-9576	176	27	indicating	indicate	VERB
fbem-9576	176	28	companies	company	NOUN
fbem-9576	176	29	whose	whose	DET
fbem-9576	176	30	permits	permit	NOUN
fbem-9576	176	31	were	be	AUX
fbem-9576	176	32	allocated	allocate	VERB
fbem-9576	176	33	by	by	ADP
fbem-9576	176	34	the	the	DET
fbem-9576	176	35	historical	historical	ADJ
fbem-9576	176	36	method	method	NOUN
fbem-9576	176	37	tend	tend	VERB
fbem-9576	176	38	to	to	PART
fbem-9576	176	39	obtain	obtain	VERB
fbem-9576	176	40	patents	patent	NOUN
fbem-9576	176	41	with	with	ADP
fbem-9576	176	42	lower	low	ADJ
fbem-9576	176	43	quality	quality	NOUN
fbem-9576	176	44	.	.	PUNCT
fbem-9576	177	1	table	table	NOUN
fbem-9576	177	2	4	4	NUM
fbem-9576	177	3	.	.	PUNCT
fbem-9576	178	1	the	the	DET
fbem-9576	178	2	impact	impact	NOUN
fbem-9576	178	3	of	of	ADP
fbem-9576	178	4	different	different	ADJ
fbem-9576	178	5	methods	method	NOUN
fbem-9576	178	6	of	of	ADP
fbem-9576	178	7	allocating	allocate	VERB
fbem-9576	178	8	the	the	DET
fbem-9576	178	9	permit	permit	NOUN
fbem-9576	178	10	on	on	ADP
fbem-9576	178	11	green	green	ADJ
fbem-9576	178	12	innovation	innovation	NOUN
fbem-9576	178	13	quantity	quantity	NOUN
fbem-9576	178	14	of	of	ADP
fbem-9576	178	15	green	green	ADJ
fbem-9576	178	16	innovation	innovation	NOUN
fbem-9576	178	17	quality	quality	NOUN
fbem-9576	178	18	of	of	ADP
fbem-9576	178	19	green	green	ADJ
fbem-9576	178	20	innovation	innovation	NOUN
fbem-9576	178	21	(	(	PUNCT
fbem-9576	178	22	1	1	NUM
fbem-9576	178	23	)	)	PUNCT
fbem-9576	178	24	(	(	PUNCT
fbem-9576	178	25	2	2	NUM
fbem-9576	178	26	)	)	PUNCT
fbem-9576	178	27	(	(	PUNCT
fbem-9576	178	28	3	3	X
fbem-9576	178	29	)	)	PUNCT
fbem-9576	178	30	(	(	PUNCT
fbem-9576	178	31	4	4	X
fbem-9576	178	32	)	)	PUNCT
fbem-9576	178	33	scheme	scheme	NOUN
fbem-9576	178	34	benchmark	benchmark	NOUN
fbem-9576	178	35	-0.019	-0.019	NUM
fbem-9576	178	36	0.020	0.020	NUM
fbem-9576	178	37	(	(	PUNCT
fbem-9576	178	38	0.021	0.021	NUM
fbem-9576	178	39	)	)	PUNCT
fbem-9576	178	40	(	(	PUNCT
fbem-9576	178	41	0.020	0.020	NUM
fbem-9576	178	42	)	)	PUNCT
fbem-9576	178	43	scheme_history	scheme_history	NOUN
fbem-9576	178	44	0.113	0.113	NUM
fbem-9576	178	45	*	*	PUNCT
fbem-9576	178	46	*	*	PUNCT
fbem-9576	178	47	*	*	PUNCT
fbem-9576	178	48	-0.018	-0.018	PUNCT
fbem-9576	178	49	(	(	PUNCT
fbem-9576	178	50	0.014	0.014	NUM
fbem-9576	178	51	)	)	PUNCT
fbem-9576	178	52	(	(	PUNCT
fbem-9576	178	53	0.014	0.014	NUM
fbem-9576	178	54	)	)	PUNCT
fbem-9576	178	55	tobinq	tobinq	PROPN
fbem-9576	178	56	-0.003	-0.003	PUNCT
fbem-9576	178	57	-0.004	-0.004	SYM
fbem-9576	178	58	0.002	0.002	NUM
fbem-9576	178	59	0.003	0.003	NUM
fbem-9576	178	60	(	(	PUNCT
fbem-9576	178	61	0.003	0.003	NUM
fbem-9576	178	62	)	)	PUNCT
fbem-9576	178	63	(	(	PUNCT
fbem-9576	178	64	0.003	0.003	NUM
fbem-9576	178	65	)	)	PUNCT
fbem-9576	178	66	(	(	PUNCT
fbem-9576	178	67	0.003	0.003	NUM
fbem-9576	178	68	)	)	PUNCT
fbem-9576	178	69	(	(	PUNCT
fbem-9576	178	70	0.003	0.003	NUM
fbem-9576	178	71	)	)	PUNCT
fbem-9576	178	72	roa	roa	NOUN
fbem-9576	178	73	-0.022	-0.022	NOUN
fbem-9576	179	1	-0.025	-0.025	PUNCT
fbem-9576	179	2	-0.013	-0.013	PUNCT
fbem-9576	179	3	-0.012	-0.012	INTJ
fbem-9576	179	4	(	(	PUNCT
fbem-9576	179	5	0.049	0.049	NUM
fbem-9576	179	6	)	)	PUNCT
fbem-9576	179	7	(	(	PUNCT
fbem-9576	179	8	0.049	0.049	NUM
fbem-9576	179	9	)	)	PUNCT
fbem-9576	179	10	(	(	PUNCT
fbem-9576	179	11	0.049	0.049	NUM
fbem-9576	179	12	)	)	PUNCT
fbem-9576	179	13	(	(	PUNCT
fbem-9576	179	14	0.049	0.049	NUM
fbem-9576	179	15	)	)	PUNCT
fbem-9576	179	16	lev	lev	NOUN
fbem-9576	179	17	0.046	0.046	NUM
fbem-9576	179	18	*	*	X
fbem-9576	179	19	*	*	X
fbem-9576	179	20	0.043	0.043	NUM
fbem-9576	179	21	*	*	SYM
fbem-9576	179	22	-0.024	-0.024	X
fbem-9576	179	23	-0.023	-0.023	X
fbem-9576	179	24	(	(	PUNCT
fbem-9576	179	25	0.022	0.022	NUM
fbem-9576	179	26	)	)	PUNCT
fbem-9576	179	27	(	(	PUNCT
fbem-9576	179	28	0.022	0.022	NUM
fbem-9576	179	29	)	)	PUNCT
fbem-9576	179	30	(	(	PUNCT
fbem-9576	179	31	0.022	0.022	NUM
fbem-9576	179	32	)	)	PUNCT
fbem-9576	179	33	(	(	PUNCT
fbem-9576	179	34	0.022	0.022	NUM
fbem-9576	179	35	)	)	PUNCT
fbem-9576	179	36	size	size	NOUN
fbem-9576	179	37	-0.009	-0.009	X
fbem-9576	179	38	-0.008	-0.008	NOUN
fbem-9576	179	39	0.042	0.042	NUM
fbem-9576	179	40	*	*	PUNCT
fbem-9576	179	41	*	*	PUNCT
fbem-9576	179	42	*	*	PUNCT
fbem-9576	179	43	0.042	0.042	NUM
fbem-9576	179	44	*	*	PUNCT
fbem-9576	179	45	*	*	PUNCT
fbem-9576	179	46	*	*	PUNCT
fbem-9576	179	47	(	(	PUNCT
fbem-9576	179	48	0.005	0.005	NUM
fbem-9576	179	49	)	)	PUNCT
fbem-9576	179	50	(	(	PUNCT
fbem-9576	179	51	0.005	0.005	NUM
fbem-9576	179	52	)	)	PUNCT
fbem-9576	179	53	(	(	PUNCT
fbem-9576	179	54	0.005	0.005	NUM
fbem-9576	179	55	)	)	PUNCT
fbem-9576	179	56	(	(	PUNCT
fbem-9576	179	57	0.005	0.005	NUM
fbem-9576	179	58	)	)	PUNCT
fbem-9576	179	59	firmage	firmage	NOUN
fbem-9576	179	60	0.037	0.037	NUM
fbem-9576	179	61	*	*	NOUN
fbem-9576	179	62	0.049	0.049	NUM
fbem-9576	179	63	*	*	PUNCT
fbem-9576	179	64	*	*	PUNCT
fbem-9576	179	65	*	*	PUNCT
fbem-9576	179	66	0.023	0.023	NUM
fbem-9576	179	67	0.020	0.020	NUM
fbem-9576	179	68	(	(	PUNCT
fbem-9576	179	69	0.019	0.019	NUM
fbem-9576	179	70	)	)	PUNCT
fbem-9576	179	71	(	(	PUNCT
fbem-9576	179	72	0.019	0.019	NUM
fbem-9576	179	73	)	)	PUNCT
fbem-9576	179	74	(	(	PUNCT
fbem-9576	179	75	0.019	0.019	NUM
fbem-9576	179	76	)	)	PUNCT
fbem-9576	179	77	(	(	PUNCT
fbem-9576	179	78	0.019	0.019	NUM
fbem-9576	179	79	)	)	PUNCT
fbem-9576	179	80	constant	constant	ADJ
fbem-9576	179	81	0.125	0.125	NUM
fbem-9576	179	82	0.059	0.059	NUM
fbem-9576	179	83	-0.884	-0.884	PROPN
fbem-9576	179	84	*	*	PUNCT
fbem-9576	179	85	*	*	PUNCT
fbem-9576	179	86	*	*	PUNCT
fbem-9576	179	87	-0.875	-0.875	PUNCT
fbem-9576	179	88	*	*	PUNCT
fbem-9576	179	89	*	*	PUNCT
fbem-9576	179	90	*	*	PUNCT
fbem-9576	179	91	(	(	PUNCT
fbem-9576	179	92	0.121	0.121	NUM
fbem-9576	179	93	)	)	PUNCT
fbem-9576	179	94	(	(	PUNCT
fbem-9576	179	95	0.120	0.120	NUM
fbem-9576	179	96	)	)	PUNCT
fbem-9576	179	97	(	(	PUNCT
fbem-9576	179	98	0.119	0.119	NUM
fbem-9576	179	99	)	)	PUNCT
fbem-9576	179	100	(	(	PUNCT
fbem-9576	179	101	0.119	0.119	NUM
fbem-9576	179	102	)	)	PUNCT
fbem-9576	179	103	observations	observation	NOUN
fbem-9576	179	104	9,169	9,169	NUM
fbem-9576	179	105	9,169	9,169	NUM
fbem-9576	179	106	8,914	8,914	NUM
fbem-9576	179	107	8,914	8,914	NUM
fbem-9576	179	108	r	r	NOUN
fbem-9576	179	109	-	-	PUNCT
fbem-9576	179	110	squared	square	VERB
fbem-9576	179	111	0.559	0.559	NUM
fbem-9576	179	112	0.563	0.563	NUM
fbem-9576	179	113	0.375	0.375	NUM
fbem-9576	179	114	0.375	0.375	NUM
fbem-9576	179	115	note	note	NOUN
fbem-9576	179	116	:	:	PUNCT
fbem-9576	179	117	standard	standard	ADJ
fbem-9576	179	118	errors	error	NOUN
fbem-9576	179	119	in	in	ADP
fbem-9576	179	120	parentheses	parenthesis	NOUN
fbem-9576	179	121	.	.	PUNCT
fbem-9576	180	1	*	*	PUNCT
fbem-9576	180	2	*	*	PUNCT
fbem-9576	180	3	*	*	PUNCT
fbem-9576	180	4	p<0.01	p<0.01	PROPN
fbem-9576	180	5	,	,	PUNCT
fbem-9576	180	6	*	*	PUNCT
fbem-9576	180	7	*	*	PUNCT
fbem-9576	180	8	p<0.05	p<0.05	NOUN
fbem-9576	180	9	,	,	PUNCT
fbem-9576	180	10	*	*	PUNCT
fbem-9576	180	11	p<0.1	p<0.1	NUM
fbem-9576	180	12	4.2	4.2	NUM
fbem-9576	180	13	.	.	PUNCT
fbem-9576	181	1	robustness	robustness	NOUN
fbem-9576	181	2	test	test	NOUN
fbem-9576	181	3	we	we	PRON
fbem-9576	181	4	also	also	ADV
fbem-9576	181	5	used	use	VERB
fbem-9576	181	6	psm	psm	NOUN
fbem-9576	181	7	-	-	PUNCT
fbem-9576	181	8	did	do	AUX
fbem-9576	181	9	analyses	analysis	NOUN
fbem-9576	181	10	as	as	ADP
fbem-9576	181	11	a	a	DET
fbem-9576	181	12	robustness	robustness	NOUN
fbem-9576	181	13	test	test	NOUN
fbem-9576	181	14	.	.	PUNCT
fbem-9576	182	1	carbon	carbon	NOUN
fbem-9576	182	2	pilot	pilot	NOUN
fbem-9576	182	3	still	still	ADV
fbem-9576	182	4	significantly	significantly	ADV
fbem-9576	182	5	and	and	CCONJ
fbem-9576	182	6	positively	positively	ADV
fbem-9576	182	7	affected	affect	VERB
fbem-9576	182	8	the	the	DET
fbem-9576	182	9	number	number	NOUN
fbem-9576	182	10	of	of	ADP
fbem-9576	182	11	green	green	ADJ
fbem-9576	182	12	patents	patent	NOUN
fbem-9576	182	13	(	(	PUNCT
fbem-9576	182	14	see	see	VERB
fbem-9576	182	15	table	table	NOUN
fbem-9576	182	16	5	5	NUM
fbem-9576	182	17	)	)	PUNCT
fbem-9576	182	18	.	.	PUNCT
fbem-9576	183	1	therefore	therefore	ADV
fbem-9576	183	2	,	,	PUNCT
fbem-9576	183	3	this	this	DET
fbem-9576	183	4	relationship	relationship	NOUN
fbem-9576	183	5	remained	remain	VERB
fbem-9576	183	6	robust	robust	ADJ
fbem-9576	183	7	.	.	PUNCT
fbem-9576	184	1	similarly	similarly	ADV
fbem-9576	184	2	,	,	PUNCT
fbem-9576	184	3	the	the	DET
fbem-9576	184	4	relationship	relationship	NOUN
fbem-9576	184	5	between	between	ADP
fbem-9576	184	6	carbon	carbon	NOUN
fbem-9576	184	7	trading	trading	NOUN
fbem-9576	184	8	pilot	pilot	NOUN
fbem-9576	184	9	and	and	CCONJ
fbem-9576	184	10	the	the	DET
fbem-9576	184	11	quality	quality	NOUN
fbem-9576	184	12	of	of	ADP
fbem-9576	184	13	green	green	ADJ
fbem-9576	184	14	patents	patent	NOUN
fbem-9576	184	15	remained	remain	VERB
fbem-9576	184	16	statistically	statistically	ADV
fbem-9576	184	17	insignificant	insignificant	ADJ
fbem-9576	184	18	after	after	ADP
fbem-9576	184	19	running	run	VERB
fbem-9576	184	20	the	the	DET
fbem-9576	184	21	psmdid	psmdid	NOUN
fbem-9576	184	22	.	.	PUNCT
fbem-9576	185	1	after	after	ADP
fbem-9576	185	2	running	run	VERB
fbem-9576	185	3	the	the	DET
fbem-9576	185	4	robustness	robustness	NOUN
fbem-9576	185	5	test	test	NOUN
fbem-9576	185	6	,	,	PUNCT
fbem-9576	185	7	all	all	PRON
fbem-9576	185	8	of	of	ADP
fbem-9576	185	9	the	the	DET
fbem-9576	185	10	previous	previous	ADJ
fbem-9576	185	11	conclusions	conclusion	NOUN
fbem-9576	185	12	stand	stand	VERB
fbem-9576	185	13	.	.	PUNCT
fbem-9576	186	1	in	in	ADP
fbem-9576	186	2	general	general	ADJ
fbem-9576	186	3	,	,	PUNCT
fbem-9576	186	4	carbon	carbon	NOUN
fbem-9576	186	5	trading	trading	NOUN
fbem-9576	186	6	pilot	pilot	NOUN
fbem-9576	186	7	increased	increase	VERB
fbem-9576	186	8	the	the	DET
fbem-9576	186	9	number	number	NOUN
fbem-9576	186	10	of	of	ADP
fbem-9576	186	11	green	green	ADJ
fbem-9576	186	12	patents	patent	NOUN
fbem-9576	186	13	attained	attain	VERB
fbem-9576	186	14	by	by	ADP
fbem-9576	186	15	companies	company	NOUN
fbem-9576	186	16	.	.	PUNCT
fbem-9576	187	1	this	this	PRON
fbem-9576	187	2	was	be	AUX
fbem-9576	187	3	also	also	ADV
fbem-9576	187	4	confirmed	confirm	VERB
fbem-9576	187	5	by	by	ADP
fbem-9576	187	6	song	song	NOUN
fbem-9576	187	7	et	et	PROPN
fbem-9576	187	8	al	al	PROPN
fbem-9576	187	9	.	.	PUNCT
fbem-9576	188	1	[	[	X
fbem-9576	188	2	12	12	NUM
fbem-9576	188	3	]	]	PUNCT
fbem-9576	188	4	,	,	PUNCT
fbem-9576	188	5	which	which	PRON
fbem-9576	188	6	also	also	ADV
fbem-9576	188	7	found	find	VERB
fbem-9576	188	8	how	how	SCONJ
fbem-9576	188	9	pilot	pilot	NOUN
fbem-9576	188	10	implementation	implementation	NOUN
fbem-9576	188	11	led	lead	VERB
fbem-9576	188	12	to	to	ADP
fbem-9576	188	13	an	an	DET
fbem-9576	188	14	increase	increase	NOUN
fbem-9576	188	15	in	in	ADP
fbem-9576	188	16	the	the	DET
fbem-9576	188	17	number	number	NOUN
fbem-9576	188	18	of	of	ADP
fbem-9576	188	19	green	green	ADJ
fbem-9576	188	20	patents	patent	NOUN
fbem-9576	188	21	.	.	PUNCT
fbem-9576	189	1	in	in	ADP
fbem-9576	189	2	addition	addition	NOUN
fbem-9576	189	3	,	,	PUNCT
fbem-9576	189	4	this	this	PRON
fbem-9576	189	5	also	also	ADV
fbem-9576	189	6	validated	validate	VERB
fbem-9576	189	7	porter	porter	NOUN
fbem-9576	189	8	’s	’s	PART
fbem-9576	189	9	hypothesis	hypothesis	NOUN
fbem-9576	189	10	,	,	PUNCT
fbem-9576	189	11	as	as	SCONJ
fbem-9576	189	12	environmental	environmental	ADJ
fbem-9576	189	13	policies	policy	NOUN
fbem-9576	189	14	indeed	indeed	ADV
fbem-9576	189	15	lead	lead	VERB
fbem-9576	189	16	to	to	ADP
fbem-9576	189	17	an	an	DET
fbem-9576	189	18	increase	increase	NOUN
fbem-9576	189	19	in	in	ADP
fbem-9576	189	20	innovations	innovation	NOUN
fbem-9576	189	21	of	of	ADP
fbem-9576	189	22	firms	firm	NOUN
fbem-9576	189	23	.	.	PUNCT
fbem-9576	190	1	as	as	SCONJ
fbem-9576	190	2	porter	porter	NOUN
fbem-9576	190	3	explained	explain	VERB
fbem-9576	190	4	,	,	PUNCT
fbem-9576	190	5	there	there	PRON
fbem-9576	190	6	were	be	VERB
fbem-9576	190	7	multiple	multiple	ADJ
fbem-9576	190	8	potential	potential	ADJ
fbem-9576	190	9	reasons	reason	NOUN
fbem-9576	190	10	behind	behind	ADP
fbem-9576	190	11	this	this	PRON
fbem-9576	190	12	.	.	PUNCT
fbem-9576	191	1	environmental	environmental	ADJ
fbem-9576	191	2	regulations	regulation	NOUN
fbem-9576	191	3	make	make	VERB
fbem-9576	191	4	companies	company	NOUN
fbem-9576	191	5	aware	aware	ADJ
fbem-9576	191	6	of	of	ADP
fbem-9576	191	7	resource	resource	NOUN
fbem-9576	191	8	inefficiencies	inefficiency	NOUN
fbem-9576	191	9	and	and	CCONJ
fbem-9576	191	10	room	room	NOUN
fbem-9576	191	11	for	for	ADP
fbem-9576	191	12	technological	technological	ADJ
fbem-9576	191	13	improvements	improvement	NOUN
fbem-9576	191	14	,	,	PUNCT
fbem-9576	191	15	reduce	reduce	VERB
fbem-9576	191	16	uncertainty	uncertainty	NOUN
fbem-9576	191	17	in	in	ADP
fbem-9576	191	18	the	the	DET
fbem-9576	191	19	necessity	necessity	NOUN
fbem-9576	191	20	of	of	ADP
fbem-9576	191	21	environmental	environmental	ADJ
fbem-9576	191	22	investment	investment	NOUN
fbem-9576	191	23	,	,	PUNCT
fbem-9576	191	24	and	and	CCONJ
fbem-9576	191	25	generate	generate	VERB
fbem-9576	191	26	pressure	pressure	NOUN
fbem-9576	191	27	that	that	PRON
fbem-9576	191	28	urges	urge	VERB
fbem-9576	191	29	innovation	innovation	NOUN
fbem-9576	191	30	and	and	CCONJ
fbem-9576	191	31	progress	progress	NOUN
fbem-9576	191	32	[	[	X
fbem-9576	191	33	18	18	NUM
fbem-9576	191	34	]	]	SYM
fbem-9576	191	35	.	.	PUNCT
fbem-9576	192	1	160	160	NUM
fbem-9576	192	2	table	table	NOUN
fbem-9576	192	3	5	5	NUM
fbem-9576	192	4	.	.	PUNCT
fbem-9576	193	1	the	the	DET
fbem-9576	193	2	impact	impact	NOUN
fbem-9576	193	3	of	of	ADP
fbem-9576	193	4	carbon	carbon	NOUN
fbem-9576	193	5	trading	trading	NOUN
fbem-9576	193	6	pilot	pilot	NOUN
fbem-9576	193	7	on	on	ADP
fbem-9576	193	8	green	green	ADJ
fbem-9576	193	9	patents	patent	NOUN
fbem-9576	193	10	:	:	PUNCT
fbem-9576	193	11	psm	psm	VERB
fbem-9576	193	12	quantity	quantity	NOUN
fbem-9576	193	13	of	of	ADP
fbem-9576	193	14	green	green	ADJ
fbem-9576	193	15	innovation	innovation	NOUN
fbem-9576	193	16	quanlity	quanlity	NOUN
fbem-9576	193	17	of	of	ADP
fbem-9576	193	18	green	green	ADJ
fbem-9576	193	19	innovation	innovation	NOUN
fbem-9576	193	20	(	(	PUNCT
fbem-9576	193	21	1	1	NUM
fbem-9576	193	22	)	)	PUNCT
fbem-9576	193	23	(	(	PUNCT
fbem-9576	193	24	2	2	NUM
fbem-9576	193	25	)	)	PUNCT
fbem-9576	193	26	(	(	PUNCT
fbem-9576	193	27	3	3	X
fbem-9576	193	28	)	)	PUNCT
fbem-9576	193	29	(	(	PUNCT
fbem-9576	193	30	4	4	X
fbem-9576	193	31	)	)	PUNCT
fbem-9576	193	32	pilot	pilot	NOUN
fbem-9576	193	33	0.030	0.030	NUM
fbem-9576	193	34	*	*	PUNCT
fbem-9576	193	35	*	*	PUNCT
fbem-9576	193	36	*	*	PUNCT
fbem-9576	193	37	0.033	0.033	NUM
fbem-9576	193	38	*	*	PUNCT
fbem-9576	193	39	*	*	PUNCT
fbem-9576	193	40	*	*	PUNCT
fbem-9576	193	41	-0.017	-0.017	PUNCT
fbem-9576	193	42	-0.015	-0.015	PUNCT
fbem-9576	193	43	(	(	PUNCT
fbem-9576	193	44	0.010	0.010	NUM
fbem-9576	193	45	)	)	PUNCT
fbem-9576	193	46	(	(	PUNCT
fbem-9576	193	47	0.010	0.010	NUM
fbem-9576	193	48	)	)	PUNCT
fbem-9576	193	49	(	(	PUNCT
fbem-9576	193	50	0.010	0.010	NUM
fbem-9576	193	51	)	)	PUNCT
fbem-9576	193	52	(	(	PUNCT
fbem-9576	193	53	0.010	0.010	NUM
fbem-9576	193	54	)	)	PUNCT
fbem-9576	193	55	tobinq	tobinq	NOUN
fbem-9576	193	56	-0.004	-0.004	PUNCT
fbem-9576	193	57	0.003	0.003	NUM
fbem-9576	193	58	(	(	PUNCT
fbem-9576	193	59	0.003	0.003	NUM
fbem-9576	193	60	)	)	PUNCT
fbem-9576	193	61	(	(	PUNCT
fbem-9576	193	62	0.003	0.003	NUM
fbem-9576	193	63	)	)	PUNCT
fbem-9576	193	64	roa	roa	NOUN
fbem-9576	193	65	-0.031	-0.031	NOUN
fbem-9576	193	66	-0.009	-0.009	PROPN
fbem-9576	193	67	(	(	PUNCT
fbem-9576	193	68	0.050	0.050	NUM
fbem-9576	193	69	)	)	PUNCT
fbem-9576	193	70	(	(	PUNCT
fbem-9576	193	71	0.049	0.049	NUM
fbem-9576	193	72	)	)	PUNCT
fbem-9576	193	73	lev	lev	NOUN
fbem-9576	193	74	0.044	0.044	NUM
fbem-9576	193	75	*	*	PUNCT
fbem-9576	193	76	*	*	PUNCT
fbem-9576	193	77	-0.025	-0.025	PROPN
fbem-9576	193	78	(	(	PUNCT
fbem-9576	193	79	0.022	0.022	NUM
fbem-9576	193	80	)	)	PUNCT
fbem-9576	193	81	(	(	PUNCT
fbem-9576	193	82	0.022	0.022	NUM
fbem-9576	193	83	)	)	PUNCT
fbem-9576	193	84	size	size	NOUN
fbem-9576	193	85	-0.009	-0.009	NUM
fbem-9576	193	86	0.042	0.042	NUM
fbem-9576	193	87	*	*	PUNCT
fbem-9576	193	88	*	*	PUNCT
fbem-9576	193	89	*	*	PUNCT
fbem-9576	193	90	(	(	PUNCT
fbem-9576	193	91	0.005	0.005	NUM
fbem-9576	193	92	)	)	PUNCT
fbem-9576	193	93	(	(	PUNCT
fbem-9576	193	94	0.005	0.005	NUM
fbem-9576	193	95	)	)	PUNCT
fbem-9576	193	96	firmage	firmage	NOUN
fbem-9576	193	97	0.044	0.044	NUM
fbem-9576	193	98	*	*	NOUN
fbem-9576	193	99	*	*	PROPN
fbem-9576	193	100	0.019	0.019	NUM
fbem-9576	193	101	(	(	PUNCT
fbem-9576	193	102	0.019	0.019	NUM
fbem-9576	193	103	)	)	PUNCT
fbem-9576	193	104	(	(	PUNCT
fbem-9576	193	105	0.019	0.019	NUM
fbem-9576	193	106	)	)	PUNCT
fbem-9576	193	107	constant	constant	ADJ
fbem-9576	193	108	0.041	0.041	NUM
fbem-9576	193	109	*	*	PUNCT
fbem-9576	193	110	*	*	PUNCT
fbem-9576	193	111	*	*	X
fbem-9576	193	112	0.105	0.105	NUM
fbem-9576	193	113	0.112	0.112	NUM
fbem-9576	193	114	*	*	PUNCT
fbem-9576	193	115	*	*	PUNCT
fbem-9576	193	116	*	*	PUNCT
fbem-9576	193	117	-0.876	-0.876	PUNCT
fbem-9576	193	118	*	*	PUNCT
fbem-9576	193	119	*	*	PUNCT
fbem-9576	193	120	*	*	PUNCT
fbem-9576	193	121	(	(	PUNCT
fbem-9576	193	122	0.003	0.003	NUM
fbem-9576	193	123	)	)	PUNCT
fbem-9576	193	124	(	(	PUNCT
fbem-9576	193	125	0.121	0.121	NUM
fbem-9576	193	126	)	)	PUNCT
fbem-9576	193	127	(	(	PUNCT
fbem-9576	193	128	0.003	0.003	NUM
fbem-9576	193	129	)	)	PUNCT
fbem-9576	193	130	(	(	PUNCT
fbem-9576	193	131	0.120	0.120	NUM
fbem-9576	193	132	)	)	PUNCT
fbem-9576	193	133	r	r	NOUN
fbem-9576	193	134	-	-	PUNCT
fbem-9576	193	135	squared	square	VERB
fbem-9576	193	136	0.557	0.557	NUM
fbem-9576	193	137	0.560	0.560	NUM
fbem-9576	193	138	0.368	0.368	NUM
fbem-9576	193	139	0.375	0.375	NUM
fbem-9576	193	140	observations	observation	NOUN
fbem-9576	193	141	9,255	9,255	NUM
fbem-9576	193	142	9,134	9,134	NUM
fbem-9576	193	143	8,996	8,996	NUM
fbem-9576	193	144	8,879	8,879	NUM
fbem-9576	193	145	note	note	NOUN
fbem-9576	193	146	:	:	PUNCT
fbem-9576	193	147	standard	standard	ADJ
fbem-9576	193	148	errors	error	NOUN
fbem-9576	193	149	in	in	ADP
fbem-9576	193	150	parentheses	parenthesis	NOUN
fbem-9576	193	151	.	.	PUNCT
fbem-9576	194	1	*	*	PUNCT
fbem-9576	194	2	*	*	PUNCT
fbem-9576	194	3	*	*	PUNCT
fbem-9576	194	4	p<0.01	p<0.01	PROPN
fbem-9576	194	5	,	,	PUNCT
fbem-9576	194	6	*	*	PUNCT
fbem-9576	194	7	*	*	PUNCT
fbem-9576	194	8	p<0.05	p<0.05	NOUN
fbem-9576	194	9	,	,	PUNCT
fbem-9576	194	10	*	*	SYM
fbem-9576	194	11	p<0.1	p<0.1	NUM
fbem-9576	194	12	5	5	NUM
fbem-9576	194	13	.	.	PUNCT
fbem-9576	194	14	discussion	discussion	NOUN
fbem-9576	194	15	on	on	ADP
fbem-9576	194	16	externalities	externality	NOUN
fbem-9576	194	17	innovation	innovation	NOUN
fbem-9576	194	18	is	be	AUX
fbem-9576	194	19	the	the	DET
fbem-9576	194	20	process	process	NOUN
fbem-9576	194	21	of	of	ADP
fbem-9576	194	22	creating	create	VERB
fbem-9576	194	23	and	and	CCONJ
fbem-9576	194	24	implementing	implement	VERB
fbem-9576	194	25	new	new	ADJ
fbem-9576	194	26	ideas	idea	NOUN
fbem-9576	194	27	,	,	PUNCT
fbem-9576	194	28	technologies	technology	NOUN
fbem-9576	194	29	,	,	PUNCT
fbem-9576	194	30	or	or	CCONJ
fbem-9576	194	31	methods	method	NOUN
fbem-9576	194	32	.	.	PUNCT
fbem-9576	195	1	it	it	PRON
fbem-9576	195	2	generates	generate	VERB
fbem-9576	195	3	various	various	ADJ
fbem-9576	195	4	externalities	externality	NOUN
fbem-9576	195	5	that	that	PRON
fbem-9576	195	6	can	can	AUX
fbem-9576	195	7	have	have	VERB
fbem-9576	195	8	both	both	CCONJ
fbem-9576	195	9	positive	positive	ADJ
fbem-9576	195	10	and	and	CCONJ
fbem-9576	195	11	negative	negative	ADJ
fbem-9576	195	12	effects	effect	NOUN
fbem-9576	195	13	on	on	ADP
fbem-9576	195	14	society	society	NOUN
fbem-9576	195	15	.	.	PUNCT
fbem-9576	196	1	green	green	ADJ
fbem-9576	196	2	innovation	innovation	NOUN
fbem-9576	196	3	may	may	AUX
fbem-9576	196	4	have	have	VERB
fbem-9576	196	5	negative	negative	ADJ
fbem-9576	196	6	externalities	externality	NOUN
fbem-9576	196	7	with	with	ADP
fbem-9576	196	8	disruption	disruption	NOUN
fbem-9576	196	9	and	and	CCONJ
fbem-9576	196	10	job	job	NOUN
fbem-9576	196	11	losses	loss	NOUN
fbem-9576	196	12	.	.	PUNCT
fbem-9576	197	1	technological	technological	ADJ
fbem-9576	197	2	advancements	advancement	NOUN
fbem-9576	197	3	and	and	CCONJ
fbem-9576	197	4	automation	automation	NOUN
fbem-9576	197	5	can	can	AUX
fbem-9576	197	6	have	have	VERB
fbem-9576	197	7	negative	negative	ADJ
fbem-9576	197	8	externalities	externality	NOUN
fbem-9576	197	9	in	in	ADP
fbem-9576	197	10	the	the	DET
fbem-9576	197	11	short	short	ADJ
fbem-9576	197	12	term	term	NOUN
fbem-9576	197	13	by	by	ADP
fbem-9576	197	14	displacing	displace	VERB
fbem-9576	197	15	certain	certain	ADJ
fbem-9576	197	16	jobs	job	NOUN
fbem-9576	197	17	and	and	CCONJ
fbem-9576	197	18	requiring	require	VERB
fbem-9576	197	19	workforce	workforce	NOUN
fbem-9576	197	20	transitions	transition	NOUN
fbem-9576	197	21	.	.	PUNCT
fbem-9576	198	1	also	also	ADV
fbem-9576	198	2	,	,	PUNCT
fbem-9576	198	3	green	green	ADJ
fbem-9576	198	4	innovation	innovation	NOUN
fbem-9576	198	5	may	may	AUX
fbem-9576	198	6	lead	lead	VERB
fbem-9576	198	7	to	to	ADP
fbem-9576	198	8	inequality	inequality	NOUN
fbem-9576	198	9	.	.	PUNCT
fbem-9576	199	1	socioeconomic	socioeconomic	ADJ
fbem-9576	199	2	disparities	disparity	NOUN
fbem-9576	199	3	can	can	AUX
fbem-9576	199	4	arise	arise	VERB
fbem-9576	199	5	if	if	SCONJ
fbem-9576	199	6	certain	certain	ADJ
fbem-9576	199	7	populations	population	NOUN
fbem-9576	199	8	or	or	CCONJ
fbem-9576	199	9	regions	region	NOUN
fbem-9576	199	10	lack	lack	VERB
fbem-9576	199	11	the	the	DET
fbem-9576	199	12	resources	resource	NOUN
fbem-9576	199	13	,	,	PUNCT
fbem-9576	199	14	skills	skill	NOUN
fbem-9576	199	15	,	,	PUNCT
fbem-9576	199	16	or	or	CCONJ
fbem-9576	199	17	infrastructure	infrastructure	NOUN
fbem-9576	199	18	necessary	necessary	ADJ
fbem-9576	199	19	to	to	PART
fbem-9576	199	20	fully	fully	ADV
fbem-9576	199	21	participate	participate	VERB
fbem-9576	199	22	in	in	ADP
fbem-9576	199	23	and	and	CCONJ
fbem-9576	199	24	benefit	benefit	VERB
fbem-9576	199	25	from	from	ADP
fbem-9576	199	26	innovative	innovative	ADJ
fbem-9576	199	27	advancements	advancement	NOUN
fbem-9576	199	28	.	.	PUNCT
fbem-9576	200	1	an	an	DET
fbem-9576	200	2	industry	industry	NOUN
fbem-9576	200	3	with	with	ADP
fbem-9576	200	4	high	high	ADJ
fbem-9576	200	5	negative	negative	ADJ
fbem-9576	200	6	externalities	externality	NOUN
fbem-9576	200	7	is	be	AUX
fbem-9576	200	8	prone	prone	ADJ
fbem-9576	200	9	to	to	ADP
fbem-9576	200	10	hitchhiking	hitchhike	VERB
fbem-9576	200	11	,	,	PUNCT
fbem-9576	200	12	and	and	CCONJ
fbem-9576	200	13	the	the	DET
fbem-9576	200	14	degree	degree	NOUN
fbem-9576	200	15	of	of	ADP
fbem-9576	200	16	innovation	innovation	NOUN
fbem-9576	200	17	is	be	AUX
fbem-9576	200	18	low	low	ADJ
fbem-9576	200	19	.	.	PUNCT
fbem-9576	201	1	we	we	PRON
fbem-9576	201	2	distinguish	distinguish	VERB
fbem-9576	201	3	the	the	DET
fbem-9576	201	4	manufacturing	manufacturing	NOUN
fbem-9576	201	5	industry	industry	NOUN
fbem-9576	201	6	,	,	PUNCT
fbem-9576	201	7	the	the	DET
fbem-9576	201	8	power	power	NOUN
fbem-9576	201	9	production	production	NOUN
fbem-9576	201	10	or	or	CCONJ
fbem-9576	201	11	supply	supply	NOUN
fbem-9576	201	12	industry	industry	NOUN
fbem-9576	201	13	and	and	CCONJ
fbem-9576	201	14	the	the	DET
fbem-9576	201	15	construction	construction	NOUN
fbem-9576	201	16	industry	industry	NOUN
fbem-9576	201	17	according	accord	VERB
fbem-9576	201	18	to	to	ADP
fbem-9576	201	19	the	the	DET
fbem-9576	201	20	industry	industry	NOUN
fbem-9576	201	21	in	in	ADP
fbem-9576	201	22	which	which	PRON
fbem-9576	201	23	the	the	DET
fbem-9576	201	24	enterprise	enterprise	NOUN
fbem-9576	201	25	is	be	AUX
fbem-9576	201	26	located	locate	VERB
fbem-9576	201	27	,	,	PUNCT
fbem-9576	201	28	to	to	PART
fbem-9576	201	29	test	test	VERB
fbem-9576	201	30	the	the	DET
fbem-9576	201	31	negative	negative	ADJ
fbem-9576	201	32	externalities	externality	NOUN
fbem-9576	201	33	in	in	ADP
fbem-9576	201	34	different	different	ADJ
fbem-9576	201	35	industries	industry	NOUN
fbem-9576	201	36	.	.	PUNCT
fbem-9576	202	1	based	base	VERB
fbem-9576	202	2	on	on	ADP
fbem-9576	202	3	panel	panel	NOUN
fbem-9576	202	4	a	a	PRON
fbem-9576	202	5	in	in	ADP
fbem-9576	202	6	figure	figure	NOUN
fbem-9576	202	7	2	2	NUM
fbem-9576	202	8	,	,	PUNCT
fbem-9576	202	9	the	the	DET
fbem-9576	202	10	relationship	relationship	NOUN
fbem-9576	202	11	between	between	ADP
fbem-9576	202	12	carbon	carbon	NOUN
fbem-9576	202	13	permit	permit	NOUN
fbem-9576	202	14	trading	trading	NOUN
fbem-9576	202	15	pilot	pilot	NOUN
fbem-9576	202	16	and	and	CCONJ
fbem-9576	202	17	the	the	DET
fbem-9576	202	18	number	number	NOUN
fbem-9576	202	19	of	of	ADP
fbem-9576	202	20	green	green	ADJ
fbem-9576	202	21	patents	patent	NOUN
fbem-9576	202	22	attained	attain	VERB
fbem-9576	202	23	was	be	AUX
fbem-9576	202	24	highly	highly	ADV
fbem-9576	202	25	positive	positive	ADJ
fbem-9576	202	26	and	and	CCONJ
fbem-9576	202	27	significant	significant	ADJ
fbem-9576	202	28	in	in	ADP
fbem-9576	202	29	the	the	DET
fbem-9576	202	30	manufacturing	manufacturing	NOUN
fbem-9576	202	31	industry	industry	NOUN
fbem-9576	202	32	.	.	PUNCT
fbem-9576	203	1	similarly	similarly	ADV
fbem-9576	203	2	,	,	PUNCT
fbem-9576	203	3	according	accord	VERB
fbem-9576	203	4	to	to	ADP
fbem-9576	203	5	panel	panel	NOUN
fbem-9576	203	6	b	b	PROPN
fbem-9576	203	7	,	,	PUNCT
fbem-9576	203	8	the	the	DET
fbem-9576	203	9	relationship	relationship	NOUN
fbem-9576	203	10	was	be	AUX
fbem-9576	203	11	also	also	ADV
fbem-9576	203	12	significantly	significantly	ADV
fbem-9576	203	13	positive	positive	ADJ
fbem-9576	203	14	and	and	CCONJ
fbem-9576	203	15	strong	strong	ADJ
fbem-9576	203	16	in	in	ADP
fbem-9576	203	17	the	the	DET
fbem-9576	203	18	power	power	NOUN
fbem-9576	203	19	production	production	NOUN
fbem-9576	203	20	or	or	CCONJ
fbem-9576	203	21	supply	supply	NOUN
fbem-9576	203	22	industry	industry	NOUN
fbem-9576	203	23	.	.	PUNCT
fbem-9576	204	1	however	however	ADV
fbem-9576	204	2	,	,	PUNCT
fbem-9576	204	3	as	as	SCONJ
fbem-9576	204	4	illustrated	illustrate	VERB
fbem-9576	204	5	by	by	ADP
fbem-9576	204	6	panel	panel	NOUN
fbem-9576	204	7	c	c	PROPN
fbem-9576	204	8	,	,	PUNCT
fbem-9576	204	9	this	this	DET
fbem-9576	204	10	relationship	relationship	NOUN
fbem-9576	204	11	between	between	ADP
fbem-9576	204	12	carbon	carbon	NOUN
fbem-9576	204	13	permit	permit	NOUN
fbem-9576	204	14	trading	trading	NOUN
fbem-9576	204	15	pilot	pilot	NOUN
fbem-9576	204	16	and	and	CCONJ
fbem-9576	204	17	the	the	DET
fbem-9576	204	18	quantity	quantity	NOUN
fbem-9576	204	19	of	of	ADP
fbem-9576	204	20	green	green	ADJ
fbem-9576	204	21	patents	patent	NOUN
fbem-9576	204	22	was	be	AUX
fbem-9576	204	23	no	no	ADV
fbem-9576	204	24	longer	long	ADV
fbem-9576	204	25	statistically	statistically	ADV
fbem-9576	204	26	significant	significant	ADJ
fbem-9576	204	27	in	in	ADP
fbem-9576	204	28	the	the	DET
fbem-9576	204	29	construction	construction	NOUN
fbem-9576	204	30	industry	industry	NOUN
fbem-9576	204	31	.	.	PUNCT
fbem-9576	205	1	the	the	DET
fbem-9576	205	2	quality	quality	NOUN
fbem-9576	205	3	of	of	ADP
fbem-9576	205	4	the	the	DET
fbem-9576	205	5	green	green	PROPN
fbem-9576	205	6	patent	patent	NOUN
fbem-9576	205	7	was	be	AUX
fbem-9576	205	8	also	also	ADV
fbem-9576	205	9	examined	examine	VERB
fbem-9576	205	10	.	.	PUNCT
fbem-9576	206	1	based	base	VERB
fbem-9576	206	2	on	on	ADP
fbem-9576	206	3	panel	panel	NOUN
fbem-9576	206	4	a	a	PRON
fbem-9576	206	5	,	,	PUNCT
fbem-9576	206	6	the	the	DET
fbem-9576	206	7	relationship	relationship	NOUN
fbem-9576	206	8	between	between	ADP
fbem-9576	206	9	carbon	carbon	NOUN
fbem-9576	206	10	permit	permit	NOUN
fbem-9576	206	11	trading	trading	NOUN
fbem-9576	206	12	pilot	pilot	NOUN
fbem-9576	206	13	and	and	CCONJ
fbem-9576	206	14	the	the	DET
fbem-9576	206	15	quality	quality	NOUN
fbem-9576	206	16	of	of	ADP
fbem-9576	206	17	green	green	ADJ
fbem-9576	206	18	patents	patent	NOUN
fbem-9576	206	19	attained	attain	VERB
fbem-9576	206	20	was	be	AUX
fbem-9576	206	21	significant	significant	ADJ
fbem-9576	206	22	and	and	CCONJ
fbem-9576	206	23	positive	positive	ADJ
fbem-9576	206	24	in	in	ADP
fbem-9576	206	25	the	the	DET
fbem-9576	206	26	manufacturing	manufacturing	NOUN
fbem-9576	206	27	industry	industry	NOUN
fbem-9576	206	28	.	.	PUNCT
fbem-9576	207	1	however	however	ADV
fbem-9576	207	2	,	,	PUNCT
fbem-9576	207	3	according	accord	VERB
fbem-9576	207	4	to	to	ADP
fbem-9576	207	5	panel	panel	NOUN
fbem-9576	207	6	b	b	PROPN
fbem-9576	207	7	,	,	PUNCT
fbem-9576	207	8	the	the	DET
fbem-9576	207	9	relationship	relationship	NOUN
fbem-9576	207	10	was	be	AUX
fbem-9576	207	11	significantly	significantly	ADV
fbem-9576	207	12	positive	positive	ADJ
fbem-9576	207	13	in	in	ADP
fbem-9576	207	14	the	the	DET
fbem-9576	207	15	power	power	NOUN
fbem-9576	207	16	production	production	NOUN
fbem-9576	207	17	or	or	CCONJ
fbem-9576	207	18	supply	supply	NOUN
fbem-9576	207	19	industry	industry	NOUN
fbem-9576	207	20	.	.	PUNCT
fbem-9576	208	1	in	in	ADP
fbem-9576	208	2	addition	addition	NOUN
fbem-9576	208	3	,	,	PUNCT
fbem-9576	208	4	as	as	SCONJ
fbem-9576	208	5	illustrated	illustrate	VERB
fbem-9576	208	6	by	by	ADP
fbem-9576	208	7	panel	panel	NOUN
fbem-9576	208	8	c	c	PROPN
fbem-9576	208	9	,	,	PUNCT
fbem-9576	208	10	this	this	DET
fbem-9576	208	11	relationship	relationship	NOUN
fbem-9576	208	12	between	between	ADP
fbem-9576	208	13	carbon	carbon	NOUN
fbem-9576	208	14	permit	permit	NOUN
fbem-9576	208	15	trading	trading	NOUN
fbem-9576	208	16	pilot	pilot	NOUN
fbem-9576	208	17	and	and	CCONJ
fbem-9576	208	18	the	the	DET
fbem-9576	208	19	quality	quality	NOUN
fbem-9576	208	20	of	of	ADP
fbem-9576	208	21	green	green	ADJ
fbem-9576	208	22	patents	patent	NOUN
fbem-9576	208	23	was	be	AUX
fbem-9576	208	24	also	also	ADV
fbem-9576	208	25	negative	negative	ADJ
fbem-9576	208	26	and	and	CCONJ
fbem-9576	208	27	statistically	statistically	ADV
fbem-9576	208	28	significant	significant	ADJ
fbem-9576	208	29	in	in	ADP
fbem-9576	208	30	the	the	DET
fbem-9576	208	31	construction	construction	NOUN
fbem-9576	208	32	industry	industry	NOUN
fbem-9576	208	33	.	.	PUNCT
fbem-9576	209	1	this	this	PRON
fbem-9576	209	2	means	mean	VERB
fbem-9576	209	3	that	that	SCONJ
fbem-9576	209	4	the	the	DET
fbem-9576	209	5	manufacturing	manufacturing	NOUN
fbem-9576	209	6	industry	industry	NOUN
fbem-9576	209	7	has	have	VERB
fbem-9576	209	8	high	high	ADJ
fbem-9576	209	9	externalities	externality	NOUN
fbem-9576	209	10	,	,	PUNCT
fbem-9576	209	11	easy	easy	ADJ
fbem-9576	209	12	hitchhiking	hitchhiking	NOUN
fbem-9576	209	13	and	and	CCONJ
fbem-9576	209	14	low	low	ADJ
fbem-9576	209	15	degree	degree	NOUN
fbem-9576	209	16	of	of	ADP
fbem-9576	209	17	innovation	innovation	NOUN
fbem-9576	209	18	.	.	PUNCT
fbem-9576	210	1	evidence	evidence	NOUN
fbem-9576	210	2	of	of	ADP
fbem-9576	210	3	externalities	externality	NOUN
fbem-9576	210	4	showed	show	VERB
fbem-9576	210	5	that	that	SCONJ
fbem-9576	210	6	carbon	carbon	NOUN
fbem-9576	210	7	permit	permit	NOUN
fbem-9576	210	8	trading	trading	NOUN
fbem-9576	210	9	pilots	pilot	NOUN
fbem-9576	210	10	benefited	benefit	VERB
fbem-9576	210	11	the	the	DET
fbem-9576	210	12	power	power	NOUN
fbem-9576	210	13	production	production	NOUN
fbem-9576	210	14	and	and	CCONJ
fbem-9576	210	15	supply	supply	NOUN
fbem-9576	210	16	industry	industry	NOUN
fbem-9576	210	17	the	the	DET
fbem-9576	210	18	most	most	ADJ
fbem-9576	210	19	.	.	PUNCT
fbem-9576	211	1	carbon	carbon	NOUN
fbem-9576	211	2	trading	trading	NOUN
fbem-9576	211	3	pilot	pilot	NOUN
fbem-9576	211	4	policy	policy	NOUN
fbem-9576	211	5	effectively	effectively	ADV
fbem-9576	211	6	reduced	reduce	VERB
fbem-9576	211	7	the	the	DET
fbem-9576	211	8	level	level	NOUN
fbem-9576	211	9	of	of	ADP
fbem-9576	211	10	co2	co2	NOUN
fbem-9576	211	11	emission	emission	NOUN
fbem-9576	211	12	in	in	ADP
fbem-9576	211	13	the	the	DET
fbem-9576	211	14	power	power	NOUN
fbem-9576	211	15	generation	generation	NOUN
fbem-9576	211	16	industry[19	industry[19	PROPN
fbem-9576	211	17	]	]	PUNCT
fbem-9576	211	18	.	.	PUNCT
fbem-9576	212	1	this	this	PRON
fbem-9576	212	2	was	be	AUX
fbem-9576	212	3	likely	likely	ADJ
fbem-9576	212	4	due	due	ADJ
fbem-9576	212	5	to	to	ADP
fbem-9576	212	6	how	how	SCONJ
fbem-9576	212	7	technological	technological	ADJ
fbem-9576	212	8	breakthroughs	breakthrough	NOUN
fbem-9576	212	9	in	in	ADP
fbem-9576	212	10	the	the	DET
fbem-9576	212	11	power	power	NOUN
fbem-9576	212	12	industry	industry	NOUN
fbem-9576	212	13	in	in	ADP
fbem-9576	212	14	recent	recent	ADJ
fbem-9576	212	15	years	year	NOUN
fbem-9576	212	16	coincided	coincide	VERB
fbem-9576	212	17	with	with	ADP
fbem-9576	212	18	carbon	carbon	NOUN
fbem-9576	212	19	trading	trading	NOUN
fbem-9576	212	20	pilots	pilot	NOUN
fbem-9576	212	21	,	,	PUNCT
fbem-9576	212	22	which	which	PRON
fbem-9576	212	23	magnified	magnify	VERB
fbem-9576	212	24	the	the	DET
fbem-9576	212	25	impact	impact	NOUN
fbem-9576	212	26	of	of	ADP
fbem-9576	212	27	green	green	ADJ
fbem-9576	212	28	innovation	innovation	NOUN
fbem-9576	212	29	.	.	PUNCT
fbem-9576	213	1	figure	figure	NOUN
fbem-9576	213	2	2	2	NUM
fbem-9576	213	3	.	.	PUNCT
fbem-9576	213	4	effect	effect	NOUN
fbem-9576	213	5	of	of	ADP
fbem-9576	213	6	green	green	ADJ
fbem-9576	213	7	innovation	innovation	NOUN
fbem-9576	213	8	in	in	ADP
fbem-9576	213	9	different	different	ADJ
fbem-9576	213	10	industries	industry	NOUN
fbem-9576	213	11	161	161	NUM
fbem-9576	213	12	6	6	NUM
fbem-9576	213	13	.	.	PUNCT
fbem-9576	214	1	conclusions	conclusion	NOUN
fbem-9576	214	2	firms	firm	NOUN
fbem-9576	214	3	’	’	PART
fbem-9576	214	4	green	green	ADJ
fbem-9576	214	5	innovation	innovation	NOUN
fbem-9576	214	6	is	be	AUX
fbem-9576	214	7	important	important	ADJ
fbem-9576	214	8	for	for	ADP
fbem-9576	214	9	their	their	PRON
fbem-9576	214	10	sustainable	sustainable	ADJ
fbem-9576	214	11	development	development	NOUN
fbem-9576	214	12	.	.	PUNCT
fbem-9576	215	1	determinants	determinant	NOUN
fbem-9576	215	2	of	of	ADP
fbem-9576	215	3	firms	firm	NOUN
fbem-9576	215	4	’	'	PUNCT
fbem-9576	215	5	green	green	ADJ
fbem-9576	215	6	innovation	innovation	NOUN
fbem-9576	215	7	has	have	AUX
fbem-9576	215	8	been	be	AUX
fbem-9576	215	9	discussed	discuss	VERB
fbem-9576	215	10	by	by	ADP
fbem-9576	215	11	social	social	ADJ
fbem-9576	215	12	scientists	scientist	NOUN
fbem-9576	215	13	,	,	PUNCT
fbem-9576	215	14	among	among	ADP
fbem-9576	215	15	which	which	PRON
fbem-9576	215	16	,	,	PUNCT
fbem-9576	215	17	carbon	carbon	NOUN
fbem-9576	215	18	trading	trading	NOUN
fbem-9576	215	19	is	be	AUX
fbem-9576	215	20	a	a	DET
fbem-9576	215	21	significant	significant	ADJ
fbem-9576	215	22	perspective	perspective	NOUN
fbem-9576	215	23	.	.	PUNCT
fbem-9576	216	1	however	however	ADV
fbem-9576	216	2	,	,	PUNCT
fbem-9576	216	3	the	the	DET
fbem-9576	216	4	current	current	ADJ
fbem-9576	216	5	literature	literature	NOUN
fbem-9576	216	6	has	have	AUX
fbem-9576	216	7	not	not	PART
fbem-9576	216	8	obtained	obtain	VERB
fbem-9576	216	9	consistent	consistent	ADJ
fbem-9576	216	10	findings	finding	NOUN
fbem-9576	216	11	on	on	ADP
fbem-9576	216	12	this	this	DET
fbem-9576	216	13	issue	issue	NOUN
fbem-9576	216	14	,	,	PUNCT
fbem-9576	216	15	possibly	possibly	ADV
fbem-9576	216	16	because	because	SCONJ
fbem-9576	216	17	causality	causality	NOUN
fbem-9576	216	18	has	have	AUX
fbem-9576	216	19	been	be	AUX
fbem-9576	216	20	challenged	challenge	VERB
fbem-9576	216	21	by	by	ADP
fbem-9576	216	22	the	the	DET
fbem-9576	216	23	issue	issue	NOUN
fbem-9576	216	24	of	of	ADP
fbem-9576	216	25	endogeneity	endogeneity	NOUN
fbem-9576	216	26	.	.	PUNCT
fbem-9576	217	1	this	this	PRON
fbem-9576	217	2	is	be	AUX
fbem-9576	217	3	not	not	PART
fbem-9576	217	4	conducive	conducive	ADJ
fbem-9576	217	5	to	to	ADP
fbem-9576	217	6	efficient	efficient	ADJ
fbem-9576	217	7	policy	policy	NOUN
fbem-9576	217	8	instruments	instrument	NOUN
fbem-9576	217	9	from	from	ADP
fbem-9576	217	10	existing	exist	VERB
fbem-9576	217	11	findings	finding	NOUN
fbem-9576	217	12	.	.	PUNCT
fbem-9576	218	1	using	use	VERB
fbem-9576	218	2	the	the	DET
fbem-9576	218	3	carbon	carbon	NOUN
fbem-9576	218	4	trading	trading	NOUN
fbem-9576	218	5	pilots	pilot	NOUN
fbem-9576	218	6	in	in	ADP
fbem-9576	218	7	china	china	PROPN
fbem-9576	218	8	in	in	ADP
fbem-9576	218	9	2011	2011	NUM
fbem-9576	218	10	and	and	CCONJ
fbem-9576	218	11	16	16	NUM
fbem-9576	218	12	as	as	ADP
fbem-9576	218	13	quasi	quasi	NOUN
fbem-9576	218	14	-	-	NOUN
fbem-9576	218	15	experiment	experiment	NOUN
fbem-9576	218	16	,	,	PUNCT
fbem-9576	218	17	we	we	PRON
fbem-9576	218	18	constructed	construct	VERB
fbem-9576	218	19	dataset	dataset	NOUN
fbem-9576	218	20	of	of	ADP
fbem-9576	218	21	9,998	9,998	NUM
fbem-9576	218	22	listed	list	VERB
fbem-9576	218	23	companies	company	NOUN
fbem-9576	218	24	from	from	ADP
fbem-9576	218	25	20002021	20002021	NUM
fbem-9576	218	26	to	to	PART
fbem-9576	218	27	empirically	empirically	ADV
fbem-9576	218	28	test	test	VERB
fbem-9576	218	29	the	the	DET
fbem-9576	218	30	effect	effect	NOUN
fbem-9576	218	31	of	of	ADP
fbem-9576	218	32	carbon	carbon	NOUN
fbem-9576	218	33	trading	trading	NOUN
fbem-9576	218	34	pilots	pilot	NOUN
fbem-9576	218	35	on	on	ADP
fbem-9576	218	36	firms	firm	NOUN
fbem-9576	218	37	'	'	PART
fbem-9576	218	38	green	green	ADJ
fbem-9576	218	39	innovation	innovation	NOUN
fbem-9576	218	40	by	by	ADP
fbem-9576	218	41	using	use	VERB
fbem-9576	218	42	the	the	DET
fbem-9576	218	43	staggered	staggered	ADJ
fbem-9576	218	44	difference	difference	NOUN
fbem-9576	218	45	-	-	PUNCT
fbem-9576	218	46	indifferences	indifference	NOUN
fbem-9576	218	47	(	(	PUNCT
fbem-9576	218	48	did	do	AUX
fbem-9576	218	49	)	)	PUNCT
fbem-9576	218	50	method	method	NOUN
fbem-9576	218	51	.	.	PUNCT
fbem-9576	219	1	the	the	DET
fbem-9576	219	2	results	result	NOUN
fbem-9576	219	3	show	show	VERB
fbem-9576	219	4	that	that	SCONJ
fbem-9576	219	5	carbon	carbon	NOUN
fbem-9576	219	6	trading	trading	NOUN
fbem-9576	219	7	pilots	pilot	NOUN
fbem-9576	219	8	increased	increase	VERB
fbem-9576	219	9	the	the	DET
fbem-9576	219	10	quantity	quantity	NOUN
fbem-9576	219	11	of	of	ADP
fbem-9576	219	12	green	green	ADJ
fbem-9576	219	13	innovation	innovation	NOUN
fbem-9576	219	14	while	while	SCONJ
fbem-9576	219	15	had	have	VERB
fbem-9576	219	16	no	no	DET
fbem-9576	219	17	effect	effect	NOUN
fbem-9576	219	18	on	on	ADP
fbem-9576	219	19	their	their	PRON
fbem-9576	219	20	quality	quality	NOUN
fbem-9576	219	21	,	,	PUNCT
fbem-9576	219	22	and	and	CCONJ
fbem-9576	219	23	remain	remain	VERB
fbem-9576	219	24	robust	robust	ADJ
fbem-9576	219	25	after	after	ADP
fbem-9576	219	26	a	a	DET
fbem-9576	219	27	series	series	NOUN
fbem-9576	219	28	robustness	robustness	NOUN
fbem-9576	219	29	tests	test	NOUN
fbem-9576	219	30	.	.	PUNCT
fbem-9576	220	1	we	we	PRON
fbem-9576	220	2	also	also	ADV
fbem-9576	220	3	discuss	discuss	VERB
fbem-9576	220	4	the	the	DET
fbem-9576	220	5	mechanism	mechanism	NOUN
fbem-9576	220	6	from	from	ADP
fbem-9576	220	7	the	the	DET
fbem-9576	220	8	perspective	perspective	NOUN
fbem-9576	220	9	of	of	ADP
fbem-9576	220	10	externalities	externality	NOUN
fbem-9576	220	11	.	.	PUNCT
fbem-9576	221	1	the	the	DET
fbem-9576	221	2	paper	paper	NOUN
fbem-9576	221	3	thus	thus	ADV
fbem-9576	221	4	highlights	highlight	VERB
fbem-9576	221	5	the	the	DET
fbem-9576	221	6	necessity	necessity	NOUN
fbem-9576	221	7	of	of	ADP
fbem-9576	221	8	piloting	pilot	VERB
fbem-9576	221	9	carbon	carbon	NOUN
fbem-9576	221	10	trading	trading	NOUN
fbem-9576	221	11	and	and	CCONJ
fbem-9576	221	12	lowering	lower	VERB
fbem-9576	221	13	externalities	externality	NOUN
fbem-9576	221	14	in	in	ADP
fbem-9576	221	15	fostering	foster	VERB
fbem-9576	221	16	firms	firm	NOUN
fbem-9576	221	17	’	'	PUNCT
fbem-9576	221	18	green	green	ADJ
fbem-9576	221	19	innovation	innovation	NOUN
fbem-9576	221	20	.	.	PUNCT
fbem-9576	222	1	first	first	ADV
fbem-9576	222	2	,	,	PUNCT
fbem-9576	222	3	the	the	DET
fbem-9576	222	4	government	government	NOUN
fbem-9576	222	5	should	should	AUX
fbem-9576	222	6	widen	widen	VERB
fbem-9576	222	7	the	the	DET
fbem-9576	222	8	implementation	implementation	NOUN
fbem-9576	222	9	of	of	ADP
fbem-9576	222	10	carbon	carbon	NOUN
fbem-9576	222	11	trading	trading	NOUN
fbem-9576	222	12	pilot	pilot	NOUN
fbem-9576	222	13	since	since	SCONJ
fbem-9576	222	14	it	it	PRON
fbem-9576	222	15	can	can	AUX
fbem-9576	222	16	effectively	effectively	ADV
fbem-9576	222	17	increase	increase	VERB
fbem-9576	222	18	the	the	DET
fbem-9576	222	19	number	number	NOUN
fbem-9576	222	20	of	of	ADP
fbem-9576	222	21	green	green	ADJ
fbem-9576	222	22	patents	patent	NOUN
fbem-9576	222	23	attained	attain	VERB
fbem-9576	222	24	by	by	ADP
fbem-9576	222	25	companies	company	NOUN
fbem-9576	222	26	.	.	PUNCT
fbem-9576	223	1	second	second	ADJ
fbem-9576	223	2	,	,	PUNCT
fbem-9576	223	3	the	the	DET
fbem-9576	223	4	government	government	NOUN
fbem-9576	223	5	should	should	AUX
fbem-9576	223	6	increase	increase	VERB
fbem-9576	223	7	the	the	DET
fbem-9576	223	8	level	level	NOUN
fbem-9576	223	9	of	of	ADP
fbem-9576	223	10	activity	activity	NOUN
fbem-9576	223	11	in	in	ADP
fbem-9576	223	12	the	the	DET
fbem-9576	223	13	secondary	secondary	ADJ
fbem-9576	223	14	market	market	NOUN
fbem-9576	223	15	.	.	PUNCT
fbem-9576	224	1	the	the	DET
fbem-9576	224	2	primary	primary	ADJ
fbem-9576	224	3	economic	economic	ADJ
fbem-9576	224	4	efficiency	efficiency	NOUN
fbem-9576	224	5	of	of	ADP
fbem-9576	224	6	carbon	carbon	NOUN
fbem-9576	224	7	trading	trading	NOUN
fbem-9576	224	8	arises	arise	VERB
fbem-9576	224	9	from	from	ADP
fbem-9576	224	10	how	how	SCONJ
fbem-9576	224	11	the	the	DET
fbem-9576	224	12	permits	permit	NOUN
fbem-9576	224	13	are	be	AUX
fbem-9576	224	14	tradeable[20	tradeable[20	VERB
fbem-9576	224	15	]	]	PUNCT
fbem-9576	224	16	.	.	PUNCT
fbem-9576	225	1	third	third	ADJ
fbem-9576	225	2	,	,	PUNCT
fbem-9576	225	3	the	the	DET
fbem-9576	225	4	government	government	NOUN
fbem-9576	225	5	should	should	AUX
fbem-9576	225	6	increase	increase	VERB
fbem-9576	225	7	the	the	DET
fbem-9576	225	8	implementation	implementation	NOUN
fbem-9576	225	9	of	of	ADP
fbem-9576	225	10	the	the	DET
fbem-9576	225	11	historical	historical	ADJ
fbem-9576	225	12	method	method	NOUN
fbem-9576	225	13	of	of	ADP
fbem-9576	225	14	allocation	allocation	NOUN
fbem-9576	225	15	as	as	SCONJ
fbem-9576	225	16	the	the	DET
fbem-9576	225	17	historical	historical	ADJ
fbem-9576	225	18	method	method	NOUN
fbem-9576	225	19	could	could	AUX
fbem-9576	225	20	more	more	ADV
fbem-9576	225	21	effectively	effectively	ADV
fbem-9576	225	22	encourage	encourage	VERB
fbem-9576	225	23	green	green	ADJ
fbem-9576	225	24	innovation	innovation	NOUN
fbem-9576	225	25	.	.	PUNCT
fbem-9576	226	1	fourth	fourth	ADJ
fbem-9576	226	2	,	,	PUNCT
fbem-9576	226	3	the	the	DET
fbem-9576	226	4	government	government	NOUN
fbem-9576	226	5	should	should	AUX
fbem-9576	226	6	expand	expand	VERB
fbem-9576	226	7	the	the	DET
fbem-9576	226	8	implementation	implementation	NOUN
fbem-9576	226	9	of	of	ADP
fbem-9576	226	10	carbon	carbon	NOUN
fbem-9576	226	11	trading	trading	NOUN
fbem-9576	226	12	pilot	pilot	NOUN
fbem-9576	226	13	in	in	ADP
fbem-9576	226	14	industries	industry	NOUN
fbem-9576	226	15	similar	similar	ADJ
fbem-9576	226	16	to	to	ADP
fbem-9576	226	17	the	the	DET
fbem-9576	226	18	power	power	NOUN
fbem-9576	226	19	production	production	NOUN
fbem-9576	226	20	and	and	CCONJ
fbem-9576	226	21	supply	supply	NOUN
fbem-9576	226	22	industry	industry	NOUN
fbem-9576	226	23	.	.	PUNCT
fbem-9576	227	1	however	however	ADV
fbem-9576	227	2	,	,	PUNCT
fbem-9576	227	3	there	there	PRON
fbem-9576	227	4	are	be	VERB
fbem-9576	227	5	various	various	ADJ
fbem-9576	227	6	ways	way	NOUN
fbem-9576	227	7	future	future	ADJ
fbem-9576	227	8	studies	study	NOUN
fbem-9576	227	9	can	can	AUX
fbem-9576	227	10	improve	improve	VERB
fbem-9576	227	11	on	on	ADP
fbem-9576	227	12	the	the	DET
fbem-9576	227	13	current	current	ADJ
fbem-9576	227	14	studies	study	NOUN
fbem-9576	227	15	.	.	PUNCT
fbem-9576	228	1	first	first	ADV
fbem-9576	228	2	,	,	PUNCT
fbem-9576	228	3	the	the	DET
fbem-9576	228	4	current	current	ADJ
fbem-9576	228	5	indicator	indicator	NOUN
fbem-9576	228	6	of	of	ADP
fbem-9576	228	7	the	the	DET
fbem-9576	228	8	quality	quality	NOUN
fbem-9576	228	9	of	of	ADP
fbem-9576	228	10	green	green	ADJ
fbem-9576	228	11	innovation	innovation	NOUN
fbem-9576	228	12	is	be	AUX
fbem-9576	228	13	modeled	model	VERB
fbem-9576	228	14	after	after	ADP
fbem-9576	228	15	the	the	DET
fbem-9576	228	16	equation	equation	NOUN
fbem-9576	228	17	of	of	ADP
fbem-9576	228	18	market	market	NOUN
fbem-9576	228	19	concentration	concentration	NOUN
fbem-9576	228	20	.	.	PUNCT
fbem-9576	229	1	nonetheless	nonetheless	ADV
fbem-9576	229	2	,	,	PUNCT
fbem-9576	229	3	this	this	DET
fbem-9576	229	4	indicator	indicator	NOUN
fbem-9576	229	5	is	be	AUX
fbem-9576	229	6	not	not	PART
fbem-9576	229	7	accurate	accurate	ADJ
fbem-9576	229	8	as	as	SCONJ
fbem-9576	229	9	it	it	PRON
fbem-9576	229	10	is	be	AUX
fbem-9576	229	11	possible	possible	ADJ
fbem-9576	229	12	for	for	SCONJ
fbem-9576	229	13	a	a	DET
fbem-9576	229	14	company	company	NOUN
fbem-9576	229	15	to	to	PART
fbem-9576	229	16	specialize	specialize	VERB
fbem-9576	229	17	in	in	ADP
fbem-9576	229	18	one	one	NUM
fbem-9576	229	19	field	field	NOUN
fbem-9576	229	20	and	and	CCONJ
fbem-9576	229	21	attain	attain	VERB
fbem-9576	229	22	multiple	multiple	ADJ
fbem-9576	229	23	high	high	ADJ
fbem-9576	229	24	-	-	PUNCT
fbem-9576	229	25	quality	quality	NOUN
fbem-9576	229	26	innovations	innovation	NOUN
fbem-9576	229	27	.	.	PUNCT
fbem-9576	230	1	therefore	therefore	ADV
fbem-9576	230	2	,	,	PUNCT
fbem-9576	230	3	future	future	ADJ
fbem-9576	230	4	studies	study	NOUN
fbem-9576	230	5	could	could	AUX
fbem-9576	230	6	utilize	utilize	VERB
fbem-9576	230	7	other	other	ADJ
fbem-9576	230	8	indicators	indicator	NOUN
fbem-9576	230	9	of	of	ADP
fbem-9576	230	10	the	the	DET
fbem-9576	230	11	quality	quality	NOUN
fbem-9576	230	12	of	of	ADP
fbem-9576	230	13	green	green	ADJ
fbem-9576	230	14	innovation	innovation	NOUN
fbem-9576	230	15	that	that	PRON
fbem-9576	230	16	tend	tend	VERB
fbem-9576	230	17	to	to	PART
fbem-9576	230	18	be	be	AUX
fbem-9576	230	19	more	more	ADV
fbem-9576	230	20	accurate	accurate	ADJ
fbem-9576	230	21	.	.	PUNCT
fbem-9576	231	1	in	in	ADP
fbem-9576	231	2	addition	addition	NOUN
fbem-9576	231	3	,	,	PUNCT
fbem-9576	231	4	future	future	ADJ
fbem-9576	231	5	studies	study	NOUN
fbem-9576	231	6	can	can	AUX
fbem-9576	231	7	incorporate	incorporate	VERB
fbem-9576	231	8	data	data	NOUN
fbem-9576	231	9	sets	set	NOUN
fbem-9576	231	10	that	that	PRON
fbem-9576	231	11	include	include	VERB
fbem-9576	231	12	nonindustrial	nonindustrial	ADJ
fbem-9576	231	13	companies	company	NOUN
fbem-9576	231	14	to	to	PART
fbem-9576	231	15	analyze	analyze	VERB
fbem-9576	231	16	the	the	DET
fbem-9576	231	17	carbon	carbon	NOUN
fbem-9576	231	18	trading	trading	NOUN
fbem-9576	231	19	pilots	pilot	NOUN
fbem-9576	231	20	more	more	ADV
fbem-9576	231	21	holistically	holistically	ADV
fbem-9576	231	22	in	in	ADP
fbem-9576	231	23	china	china	PROPN
fbem-9576	231	24	.	.	PUNCT
fbem-9576	232	1	references	reference	NOUN
fbem-9576	232	2	[	[	X
fbem-9576	232	3	1	1	NUM
fbem-9576	232	4	]	]	X
fbem-9576	232	5	paraschiv	paraschiv	PROPN
fbem-9576	232	6	,	,	PUNCT
fbem-9576	232	7	d.	d.	PROPN
fbem-9576	232	8	m.	m.	PROPN
fbem-9576	232	9	,	,	PUNCT
fbem-9576	232	10	nemoianu	nemoianu	PROPN
fbem-9576	232	11	,	,	PUNCT
fbem-9576	232	12	e.	e.	PROPN
fbem-9576	232	13	l.	l.	PROPN
fbem-9576	232	14	,	,	PUNCT
fbem-9576	232	15	langă	langă	PROPN
fbem-9576	232	16	,	,	PUNCT
fbem-9576	232	17	c.	c.	PROPN
fbem-9576	232	18	a.	a.	PROPN
fbem-9576	232	19	,	,	PUNCT
fbem-9576	232	20	&	&	CCONJ
fbem-9576	232	21	szabó	szabó	PROPN
fbem-9576	232	22	,	,	PUNCT
fbem-9576	232	23	t.	t.	PROPN
fbem-9576	232	24	(	(	PUNCT
fbem-9576	232	25	2012	2012	NUM
fbem-9576	232	26	)	)	PUNCT
fbem-9576	232	27	.	.	PUNCT
fbem-9576	233	1	eco	eco	NOUN
fbem-9576	233	2	-	-	PUNCT
fbem-9576	233	3	innovation	innovation	NOUN
fbem-9576	233	4	,	,	PUNCT
fbem-9576	233	5	responsible	responsible	ADJ
fbem-9576	233	6	leadership	leadership	NOUN
fbem-9576	233	7	and	and	CCONJ
fbem-9576	233	8	organizational	organizational	ADJ
fbem-9576	233	9	change	change	NOUN
fbem-9576	233	10	for	for	ADP
fbem-9576	233	11	corporate	corporate	ADJ
fbem-9576	233	12	sustainability	sustainability	NOUN
fbem-9576	233	13	.	.	PUNCT
fbem-9576	234	1	amfiteatru	amfiteatru	PROPN
fbem-9576	234	2	economic	economic	PROPN
fbem-9576	234	3	journal	journal	PROPN
fbem-9576	234	4	,	,	PUNCT
fbem-9576	234	5	14(32	14(32	NUM
fbem-9576	234	6	)	)	PUNCT
fbem-9576	234	7	,	,	PUNCT
fbem-9576	234	8	404	404	NUM
fbem-9576	234	9	-	-	SYM
fbem-9576	234	10	419	419	NUM
fbem-9576	234	11	.	.	PUNCT
fbem-9576	235	1	[	[	X
fbem-9576	235	2	2	2	NUM
fbem-9576	235	3	]	]	X
fbem-9576	235	4	zheng	zheng	PROPN
fbem-9576	235	5	,	,	PUNCT
fbem-9576	235	6	c.	c.	PROPN
fbem-9576	235	7	,	,	PUNCT
fbem-9576	235	8	deng	deng	PROPN
fbem-9576	235	9	,	,	PUNCT
fbem-9576	235	10	f.	f.	PROPN
fbem-9576	235	11	,	,	PUNCT
fbem-9576	235	12	zhuo	zhuo	PROPN
fbem-9576	235	13	,	,	PUNCT
fbem-9576	235	14	c.	c.	PROPN
fbem-9576	235	15	,	,	PUNCT
fbem-9576	235	16	&	&	CCONJ
fbem-9576	235	17	sun	sun	PROPN
fbem-9576	235	18	,	,	PUNCT
fbem-9576	235	19	w.	w.	NOUN
fbem-9576	235	20	(	(	PUNCT
fbem-9576	235	21	2022	2022	NUM
fbem-9576	235	22	)	)	PUNCT
fbem-9576	235	23	.	.	PUNCT
fbem-9576	235	24	green	green	ADJ
fbem-9576	235	25	credit	credit	NOUN
fbem-9576	235	26	policy	policy	NOUN
fbem-9576	235	27	,	,	PUNCT
fbem-9576	235	28	institution	institution	NOUN
fbem-9576	235	29	supply	supply	NOUN
fbem-9576	235	30	and	and	CCONJ
fbem-9576	235	31	enterprise	enterprise	NOUN
fbem-9576	235	32	green	green	ADJ
fbem-9576	235	33	innovation	innovation	NOUN
fbem-9576	235	34	.	.	PUNCT
fbem-9576	236	1	journal	journal	NOUN
fbem-9576	236	2	of	of	ADP
fbem-9576	236	3	economic	economic	ADJ
fbem-9576	236	4	analysis	analysis	NOUN
fbem-9576	236	5	,	,	PUNCT
fbem-9576	236	6	1(1	1(1	NUM
fbem-9576	236	7	)	)	PUNCT
fbem-9576	236	8	,	,	PUNCT
fbem-9576	236	9	20	20	NUM
fbem-9576	236	10	-	-	SYM
fbem-9576	236	11	34	34	NUM
fbem-9576	236	12	.	.	PUNCT
fbem-9576	237	1	[	[	X
fbem-9576	237	2	3	3	NUM
fbem-9576	237	3	]	]	X
fbem-9576	237	4	amore	amore	NOUN
fbem-9576	237	5	,	,	PUNCT
fbem-9576	237	6	m.	m.	NOUN
fbem-9576	237	7	d.	d.	PROPN
fbem-9576	237	8	,	,	PUNCT
fbem-9576	237	9	&	&	CCONJ
fbem-9576	237	10	bennedsen	bennedsen	NOUN
fbem-9576	237	11	,	,	PUNCT
fbem-9576	237	12	m.	m.	NOUN
fbem-9576	237	13	(	(	PUNCT
fbem-9576	237	14	2016	2016	NUM
fbem-9576	237	15	)	)	PUNCT
fbem-9576	237	16	.	.	PUNCT
fbem-9576	238	1	corporate	corporate	ADJ
fbem-9576	238	2	governance	governance	NOUN
fbem-9576	238	3	and	and	CCONJ
fbem-9576	238	4	green	green	ADJ
fbem-9576	238	5	innovation	innovation	NOUN
fbem-9576	238	6	.	.	PUNCT
fbem-9576	239	1	journal	journal	PROPN
fbem-9576	239	2	of	of	ADP
fbem-9576	239	3	environmental	environmental	ADJ
fbem-9576	239	4	economics	economic	NOUN
fbem-9576	239	5	and	and	CCONJ
fbem-9576	239	6	management	management	NOUN
fbem-9576	239	7	,	,	PUNCT
fbem-9576	239	8	75	75	NUM
fbem-9576	239	9	,	,	PUNCT
fbem-9576	239	10	54	54	NUM
fbem-9576	239	11	-	-	SYM
fbem-9576	239	12	72	72	NUM
fbem-9576	239	13	.	.	PUNCT
fbem-9576	240	1	[	[	X
fbem-9576	240	2	4	4	NUM
fbem-9576	240	3	]	]	SYM
fbem-9576	240	4	yao	yao	NOUN
fbem-9576	240	5	,	,	PUNCT
fbem-9576	240	6	s.	s.	PROPN
fbem-9576	240	7	,	,	PUNCT
fbem-9576	240	8	yu	yu	PROPN
fbem-9576	240	9	,	,	PUNCT
fbem-9576	240	10	x.	x.	PROPN
fbem-9576	240	11	,	,	PUNCT
fbem-9576	240	12	yan	yan	PROPN
fbem-9576	240	13	,	,	PUNCT
fbem-9576	240	14	s.	s.	PROPN
fbem-9576	240	15	,	,	PUNCT
fbem-9576	240	16	&	&	CCONJ
fbem-9576	240	17	wen	wen	PROPN
fbem-9576	240	18	,	,	PUNCT
fbem-9576	240	19	s.	s.	PROPN
fbem-9576	240	20	(	(	PUNCT
fbem-9576	240	21	2021	2021	NUM
fbem-9576	240	22	)	)	PUNCT
fbem-9576	240	23	.	.	PUNCT
fbem-9576	241	1	heterogeneous	heterogeneous	ADJ
fbem-9576	241	2	emission	emission	NOUN
fbem-9576	241	3	trading	trading	NOUN
fbem-9576	241	4	schemes	scheme	NOUN
fbem-9576	241	5	and	and	CCONJ
fbem-9576	241	6	green	green	ADJ
fbem-9576	241	7	innovation	innovation	NOUN
fbem-9576	241	8	.	.	PUNCT
fbem-9576	242	1	energy	energy	NOUN
fbem-9576	242	2	policy	policy	NOUN
fbem-9576	242	3	,	,	PUNCT
fbem-9576	242	4	155	155	NUM
fbem-9576	242	5	,	,	PUNCT
fbem-9576	242	6	112367	112367	NUM
fbem-9576	242	7	.	.	PUNCT
fbem-9576	243	1	[	[	X
fbem-9576	243	2	5	5	NUM
fbem-9576	243	3	]	]	X
fbem-9576	243	4	liu	liu	PROPN
fbem-9576	243	5	,	,	PUNCT
fbem-9576	243	6	m.	m.	NOUN
fbem-9576	243	7	,	,	PUNCT
fbem-9576	243	8	&	&	CCONJ
fbem-9576	243	9	li	li	PROPN
fbem-9576	243	10	,	,	PUNCT
fbem-9576	243	11	y.	y.	PROPN
fbem-9576	243	12	(	(	PUNCT
fbem-9576	243	13	2022	2022	NUM
fbem-9576	243	14	)	)	PUNCT
fbem-9576	243	15	.	.	PUNCT
fbem-9576	244	1	environmental	environmental	ADJ
fbem-9576	244	2	regulation	regulation	NOUN
fbem-9576	244	3	and	and	CCONJ
fbem-9576	244	4	green	green	ADJ
fbem-9576	244	5	innovation	innovation	NOUN
fbem-9576	244	6	:	:	PUNCT
fbem-9576	244	7	evidence	evidence	NOUN
fbem-9576	244	8	from	from	ADP
fbem-9576	244	9	china	china	PROPN
fbem-9576	244	10	's	's	PART
fbem-9576	244	11	carbon	carbon	NOUN
fbem-9576	244	12	emissions	emission	NOUN
fbem-9576	244	13	trading	trading	NOUN
fbem-9576	244	14	policy	policy	NOUN
fbem-9576	244	15	.	.	PUNCT
fbem-9576	245	1	finance	finance	NOUN
fbem-9576	245	2	research	research	NOUN
fbem-9576	245	3	letters	letter	NOUN
fbem-9576	245	4	,	,	PUNCT
fbem-9576	245	5	48	48	NUM
fbem-9576	245	6	,	,	PUNCT
fbem-9576	245	7	103051	103051	NUM
fbem-9576	245	8	.	.	PUNCT
fbem-9576	246	1	[	[	X
fbem-9576	246	2	6	6	NUM
fbem-9576	246	3	]	]	X
fbem-9576	246	4	liu	liu	PROPN
fbem-9576	246	5	,	,	PUNCT
fbem-9576	246	6	m.	m.	NOUN
fbem-9576	246	7	,	,	PUNCT
fbem-9576	246	8	shan	shan	PROPN
fbem-9576	246	9	,	,	PUNCT
fbem-9576	246	10	y.	y.	PROPN
fbem-9576	246	11	,	,	PUNCT
fbem-9576	246	12	&	&	CCONJ
fbem-9576	246	13	li	li	PROPN
fbem-9576	246	14	,	,	PUNCT
fbem-9576	246	15	y.	y.	PROPN
fbem-9576	246	16	(	(	PUNCT
fbem-9576	246	17	2022	2022	NUM
fbem-9576	246	18	)	)	PUNCT
fbem-9576	246	19	.	.	PUNCT
fbem-9576	247	1	study	study	NOUN
fbem-9576	247	2	on	on	ADP
fbem-9576	247	3	the	the	DET
fbem-9576	247	4	effect	effect	NOUN
fbem-9576	247	5	of	of	ADP
fbem-9576	247	6	carbon	carbon	NOUN
fbem-9576	247	7	trading	trading	NOUN
fbem-9576	247	8	regulation	regulation	NOUN
fbem-9576	247	9	on	on	ADP
fbem-9576	247	10	green	green	ADJ
fbem-9576	247	11	innovation	innovation	NOUN
fbem-9576	247	12	and	and	CCONJ
fbem-9576	247	13	heterogeneity	heterogeneity	NOUN
fbem-9576	247	14	analysis	analysis	NOUN
fbem-9576	247	15	from	from	ADP
fbem-9576	247	16	china	china	PROPN
fbem-9576	247	17	.	.	PUNCT
fbem-9576	248	1	energy	energy	NOUN
fbem-9576	248	2	policy	policy	NOUN
fbem-9576	248	3	,	,	PUNCT
fbem-9576	248	4	171	171	NUM
fbem-9576	248	5	,	,	PUNCT
fbem-9576	248	6	113290	113290	NUM
fbem-9576	248	7	.	.	PUNCT
fbem-9576	249	1	[	[	X
fbem-9576	249	2	7	7	NUM
fbem-9576	249	3	]	]	X
fbem-9576	249	4	chen	chen	PROPN
fbem-9576	249	5	,	,	PUNCT
fbem-9576	249	6	z.	z.	PROPN
fbem-9576	249	7	,	,	PUNCT
fbem-9576	249	8	jin	jin	PROPN
fbem-9576	249	9	,	,	PUNCT
fbem-9576	249	10	j.	j.	PROPN
fbem-9576	249	11	,	,	PUNCT
fbem-9576	249	12	&	&	CCONJ
fbem-9576	249	13	li	li	PROPN
fbem-9576	249	14	,	,	PUNCT
fbem-9576	249	15	m.	m.	NOUN
fbem-9576	249	16	(	(	PUNCT
fbem-9576	249	17	2022	2022	NUM
fbem-9576	249	18	)	)	PUNCT
fbem-9576	249	19	.	.	PUNCT
fbem-9576	249	20	does	do	VERB
fbem-9576	249	21	media	media	NOUN
fbem-9576	249	22	coverage	coverage	NOUN
fbem-9576	249	23	influence	influence	NOUN
fbem-9576	249	24	firm	firm	ADJ
fbem-9576	249	25	green	green	ADJ
fbem-9576	249	26	innovation	innovation	NOUN
fbem-9576	249	27	?	?	PUNCT
fbem-9576	250	1	the	the	DET
fbem-9576	250	2	moderating	moderate	VERB
fbem-9576	250	3	role	role	NOUN
fbem-9576	250	4	of	of	ADP
fbem-9576	250	5	regional	regional	ADJ
fbem-9576	250	6	environment	environment	NOUN
fbem-9576	250	7	.	.	PUNCT
fbem-9576	251	1	technology	technology	NOUN
fbem-9576	251	2	in	in	ADP
fbem-9576	251	3	society	society	NOUN
fbem-9576	251	4	,	,	PUNCT
fbem-9576	251	5	70	70	NUM
fbem-9576	251	6	,	,	PUNCT
fbem-9576	251	7	102006	102006	NUM
fbem-9576	251	8	.	.	PUNCT
fbem-9576	252	1	[	[	X
fbem-9576	252	2	8	8	NUM
fbem-9576	252	3	]	]	X
fbem-9576	252	4	dechezleprêtre	dechezleprêtre	PROPN
fbem-9576	252	5	,	,	PUNCT
fbem-9576	252	6	a.	a.	NOUN
fbem-9576	252	7	,	,	PUNCT
fbem-9576	252	8	&	&	CCONJ
fbem-9576	252	9	sato	sato	PROPN
fbem-9576	252	10	,	,	PUNCT
fbem-9576	252	11	m.	m.	NOUN
fbem-9576	252	12	(	(	PUNCT
fbem-9576	252	13	2017	2017	NUM
fbem-9576	252	14	)	)	PUNCT
fbem-9576	252	15	.	.	PUNCT
fbem-9576	253	1	the	the	DET
fbem-9576	253	2	impacts	impact	NOUN
fbem-9576	253	3	of	of	ADP
fbem-9576	253	4	environmental	environmental	ADJ
fbem-9576	253	5	regulations	regulation	NOUN
fbem-9576	253	6	on	on	ADP
fbem-9576	253	7	competitiveness	competitiveness	NOUN
fbem-9576	253	8	.	.	PUNCT
fbem-9576	254	1	review	review	NOUN
fbem-9576	254	2	of	of	ADP
fbem-9576	254	3	environmental	environmental	ADJ
fbem-9576	254	4	economics	economic	NOUN
fbem-9576	254	5	and	and	CCONJ
fbem-9576	254	6	policy	policy	NOUN
fbem-9576	254	7	,	,	PUNCT
fbem-9576	254	8	11(2	11(2	NOUN
fbem-9576	254	9	)	)	PUNCT
fbem-9576	254	10	,	,	PUNCT
fbem-9576	254	11	183–206	183–206	NUM
fbem-9576	254	12	.	.	PUNCT
fbem-9576	255	1	[	[	X
fbem-9576	255	2	9	9	NUM
fbem-9576	255	3	]	]	SYM
fbem-9576	255	4	ambec	ambec	NOUN
fbem-9576	255	5	,	,	PUNCT
fbem-9576	255	6	s.	s.	PROPN
fbem-9576	255	7	,	,	PUNCT
fbem-9576	255	8	&	&	CCONJ
fbem-9576	255	9	barla	barla	PROPN
fbem-9576	255	10	,	,	PUNCT
fbem-9576	255	11	p.	p.	NOUN
fbem-9576	255	12	(	(	PUNCT
fbem-9576	255	13	2005	2005	NUM
fbem-9576	255	14	)	)	PUNCT
fbem-9576	255	15	.	.	PUNCT
fbem-9576	256	1	can	can	AUX
fbem-9576	256	2	environmental	environmental	ADJ
fbem-9576	256	3	regulations	regulation	NOUN
fbem-9576	256	4	be	be	AUX
fbem-9576	256	5	good	good	ADJ
fbem-9576	256	6	for	for	ADP
fbem-9576	256	7	business	business	NOUN
fbem-9576	256	8	?	?	PUNCT
fbem-9576	257	1	an	an	DET
fbem-9576	257	2	assessment	assessment	NOUN
fbem-9576	257	3	of	of	ADP
fbem-9576	257	4	the	the	DET
fbem-9576	257	5	porter	porter	NOUN
fbem-9576	257	6	hypothesis	hypothesis	NOUN
fbem-9576	257	7	.	.	PUNCT
fbem-9576	258	1	energy	energy	NOUN
fbem-9576	258	2	studies	study	NOUN
fbem-9576	258	3	review	review	VERB
fbem-9576	258	4	,	,	PUNCT
fbem-9576	258	5	14	14	NUM
fbem-9576	258	6	.	.	PUNCT
fbem-9576	259	1	[	[	X
fbem-9576	259	2	10	10	NUM
fbem-9576	259	3	]	]	X
fbem-9576	259	4	van	van	PROPN
fbem-9576	259	5	leeuwen	leeuwen	PROPN
fbem-9576	259	6	,	,	PUNCT
fbem-9576	259	7	g.	g.	PROPN
fbem-9576	259	8	,	,	PUNCT
fbem-9576	259	9	&	&	CCONJ
fbem-9576	259	10	mohnen	mohnen	PROPN
fbem-9576	259	11	,	,	PUNCT
fbem-9576	259	12	p.	p.	NOUN
fbem-9576	259	13	(	(	PUNCT
fbem-9576	259	14	2017	2017	NUM
fbem-9576	259	15	)	)	PUNCT
fbem-9576	259	16	.	.	PUNCT
fbem-9576	260	1	revisiting	revisit	VERB
fbem-9576	260	2	the	the	DET
fbem-9576	260	3	porter	porter	NOUN
fbem-9576	260	4	hypothesis	hypothesis	NOUN
fbem-9576	260	5	:	:	PUNCT
fbem-9576	260	6	an	an	DET
fbem-9576	260	7	empirical	empirical	ADJ
fbem-9576	260	8	analysis	analysis	NOUN
fbem-9576	260	9	of	of	ADP
fbem-9576	260	10	green	green	ADJ
fbem-9576	260	11	innovation	innovation	NOUN
fbem-9576	260	12	for	for	ADP
fbem-9576	260	13	the	the	DET
fbem-9576	260	14	netherlands	netherlands	PROPN
fbem-9576	260	15	.	.	PUNCT
fbem-9576	261	1	economics	economic	NOUN
fbem-9576	261	2	of	of	ADP
fbem-9576	261	3	innovation	innovation	NOUN
fbem-9576	261	4	and	and	CCONJ
fbem-9576	261	5	new	new	ADJ
fbem-9576	261	6	technology	technology	NOUN
fbem-9576	261	7	,	,	PUNCT
fbem-9576	261	8	26(1–2	26(1–2	PROPN
fbem-9576	261	9	)	)	PUNCT
fbem-9576	261	10	,	,	PUNCT
fbem-9576	261	11	63–77	63–77	NOUN
fbem-9576	261	12	.	.	PUNCT
fbem-9576	261	13	https://doi.org/10.1080/10438599.2016.1202521	https://doi.org/10.1080/10438599.2016.1202521	PUNCT
fbem-9576	262	1	[	[	X
fbem-9576	262	2	11	11	NUM
fbem-9576	262	3	]	]	X
fbem-9576	262	4	nancy	nancy	PROPN
fbem-9576	262	5	,	,	PUNCT
fbem-9576	262	6	s.	s.	PROPN
fbem-9576	262	7	(	(	PUNCT
fbem-9576	262	8	2015	2015	NUM
fbem-9576	262	9	)	)	PUNCT
fbem-9576	262	10	.	.	PUNCT
fbem-9576	263	1	carbon	carbon	NOUN
fbem-9576	263	2	emissions	emission	NOUN
fbem-9576	263	3	in	in	ADP
fbem-9576	263	4	china	china	PROPN
fbem-9576	263	5	.	.	PUNCT
fbem-9576	264	1	main	main	ADJ
fbem-9576	264	2	.	.	PUNCT
fbem-9576	265	1	https://energy.mit.edu/news/carbon-emissions-in-china/	https://energy.mit.edu/news/carbon-emissions-in-china/	X
fbem-9576	266	1	[	[	X
fbem-9576	266	2	12	12	NUM
fbem-9576	266	3	]	]	X
fbem-9576	266	4	song	song	NOUN
fbem-9576	266	5	,	,	PUNCT
fbem-9576	266	6	d.	d.	PROPN
fbem-9576	266	7	,	,	PUNCT
fbem-9576	266	8	zhu	zhu	PROPN
fbem-9576	266	9	,	,	PUNCT
fbem-9576	266	10	w.	w.	PROPN
fbem-9576	266	11	,	,	PUNCT
fbem-9576	266	12	&	&	CCONJ
fbem-9576	266	13	wang	wang	PROPN
fbem-9576	266	14	,	,	PUNCT
fbem-9576	266	15	b.	b.	PROPN
fbem-9576	266	16	(	(	PUNCT
fbem-9576	266	17	2021	2021	NUM
fbem-9576	266	18	)	)	PUNCT
fbem-9576	266	19	.	.	PUNCT
fbem-9576	267	1	micro	micro	ADJ
fbem-9576	267	2	-	-	ADJ
fbem-9576	267	3	empirical	empirical	ADJ
fbem-9576	267	4	evidence	evidence	NOUN
fbem-9576	267	5	based	base	VERB
fbem-9576	267	6	on	on	ADP
fbem-9576	267	7	china	china	PROPN
fbem-9576	267	8	’s	’s	PART
fbem-9576	267	9	carbon	carbon	NOUN
fbem-9576	267	10	trading	trading	NOUN
fbem-9576	267	11	companies	company	NOUN
fbem-9576	267	12	:	:	PUNCT
fbem-9576	267	13	carbon	carbon	NOUN
fbem-9576	267	14	emissions	emission	NOUN
fbem-9576	267	15	trading	trading	NOUN
fbem-9576	267	16	,	,	PUNCT
fbem-9576	267	17	quota	quota	NOUN
fbem-9576	267	18	allocation	allocation	NOUN
fbem-9576	267	19	methods	method	NOUN
fbem-9576	267	20	and	and	CCONJ
fbem-9576	267	21	corporate	corporate	ADJ
fbem-9576	267	22	green	green	ADJ
fbem-9576	267	23	innovation	innovation	NOUN
fbem-9576	267	24	.	.	PUNCT
fbem-9576	268	1	china	china	PROPN
fbem-9576	268	2	population	population	PROPN
fbem-9576	268	3	.	.	PUNCT
fbem-9576	269	1	resources	resource	NOUN
fbem-9576	269	2	and	and	CCONJ
fbem-9576	269	3	environment	environment	NOUN
fbem-9576	269	4	,	,	PUNCT
fbem-9576	269	5	31	31	NUM
fbem-9576	269	6	.	.	PUNCT
fbem-9576	270	1	[	[	X
fbem-9576	270	2	13	13	NUM
fbem-9576	270	3	]	]	SYM
fbem-9576	270	4	yang	yang	PROPN
fbem-9576	270	5	,	,	PUNCT
fbem-9576	270	6	s.	s.	PROPN
fbem-9576	270	7	,	,	PUNCT
fbem-9576	270	8	jahanger	jahanger	NOUN
fbem-9576	270	9	,	,	PUNCT
fbem-9576	270	10	a.	a.	NOUN
fbem-9576	270	11	,	,	PUNCT
fbem-9576	270	12	&	&	CCONJ
fbem-9576	270	13	hossain	hossain	PROPN
fbem-9576	270	14	,	,	PUNCT
fbem-9576	270	15	m.	m.	PROPN
fbem-9576	270	16	r.	r.	PROPN
fbem-9576	270	17	(	(	PUNCT
fbem-9576	270	18	2023	2023	NUM
fbem-9576	270	19	)	)	PUNCT
fbem-9576	270	20	.	.	PUNCT
fbem-9576	271	1	how	how	SCONJ
fbem-9576	271	2	effective	effective	ADJ
fbem-9576	271	3	has	have	AUX
fbem-9576	271	4	the	the	DET
fbem-9576	271	5	low	low	ADJ
fbem-9576	271	6	-	-	PUNCT
fbem-9576	271	7	carbon	carbon	NOUN
fbem-9576	271	8	city	city	NOUN
fbem-9576	271	9	pilot	pilot	NOUN
fbem-9576	271	10	policy	policy	NOUN
fbem-9576	271	11	been	be	VERB
fbem-9576	271	12	as	as	ADP
fbem-9576	271	13	an	an	DET
fbem-9576	271	14	environmental	environmental	ADJ
fbem-9576	271	15	intervention	intervention	NOUN
fbem-9576	271	16	in	in	ADP
fbem-9576	271	17	curbing	curb	VERB
fbem-9576	271	18	pollution	pollution	NOUN
fbem-9576	271	19	?	?	PUNCT
fbem-9576	272	1	evidence	evidence	NOUN
fbem-9576	272	2	from	from	ADP
fbem-9576	272	3	chinese	chinese	ADJ
fbem-9576	272	4	industrial	industrial	ADJ
fbem-9576	272	5	enterprises	enterprise	NOUN
fbem-9576	272	6	.	.	PUNCT
fbem-9576	273	1	energy	energy	NOUN
fbem-9576	273	2	economics	economic	NOUN
fbem-9576	273	3	,	,	PUNCT
fbem-9576	273	4	118	118	NUM
fbem-9576	273	5	,	,	PUNCT
fbem-9576	273	6	106523	106523	NUM
fbem-9576	273	7	.	.	PUNCT
fbem-9576	274	1	[	[	X
fbem-9576	274	2	14	14	NUM
fbem-9576	274	3	]	]	X
fbem-9576	274	4	unfccc	unfccc	PROPN
fbem-9576	274	5	.	.	PUNCT
fbem-9576	275	1	(	(	PUNCT
fbem-9576	275	2	n.d.-a	n.d.-a	NOUN
fbem-9576	275	3	)	)	PUNCT
fbem-9576	275	4	.	.	PUNCT
fbem-9576	276	1	emissions	emission	NOUN
fbem-9576	276	2	trading	trading	NOUN
fbem-9576	276	3	.	.	PUNCT
fbem-9576	277	1	emissions	emission	NOUN
fbem-9576	277	2	trading	trade	VERB
fbem-9576	277	3	|	|	ADV
fbem-9576	277	4	unfccc	unfccc	PROPN
fbem-9576	277	5	.	.	PUNCT
fbem-9576	278	1	retrieved	retrieve	VERB
fbem-9576	278	2	january	january	PROPN
fbem-9576	278	3	14	14	NUM
fbem-9576	278	4	,	,	PUNCT
fbem-9576	278	5	2023	2023	NUM
fbem-9576	278	6	,	,	PUNCT
fbem-9576	278	7	from	from	ADP
fbem-9576	278	8	https://unfccc.int/process/the-kyotoprotocol/mechanisms/emissions-trading	https://unfccc.int/process/the-kyotoprotocol/mechanisms/emissions-trade	VERB
fbem-9576	278	9	[	[	X
fbem-9576	278	10	15	15	NUM
fbem-9576	278	11	]	]	X
fbem-9576	278	12	unfccc	unfccc	PROPN
fbem-9576	278	13	.	.	PUNCT
fbem-9576	279	1	(	(	PUNCT
fbem-9576	279	2	n.d.-b	n.d.-b	NOUN
fbem-9576	279	3	)	)	PUNCT
fbem-9576	279	4	.	.	PUNCT
fbem-9576	280	1	what	what	PRON
fbem-9576	280	2	is	be	AUX
fbem-9576	280	3	the	the	DET
fbem-9576	280	4	kyoto	kyoto	PROPN
fbem-9576	280	5	protocol	protocol	NOUN
fbem-9576	280	6	?	?	PUNCT
fbem-9576	281	1	what	what	PRON
fbem-9576	281	2	is	be	AUX
fbem-9576	281	3	the	the	DET
fbem-9576	281	4	kyoto	kyoto	PROPN
fbem-9576	281	5	protocol	protocol	NOUN
fbem-9576	281	6	?	?	PUNCT
fbem-9576	282	1	|	|	ADV
fbem-9576	282	2	unfccc	unfccc	PROPN
fbem-9576	282	3	.	.	PUNCT
fbem-9576	283	1	retrieved	retrieve	VERB
fbem-9576	283	2	january	january	PROPN
fbem-9576	283	3	14	14	NUM
fbem-9576	283	4	,	,	PUNCT
fbem-9576	283	5	2023	2023	NUM
fbem-9576	283	6	,	,	PUNCT
fbem-9576	283	7	from	from	ADP
fbem-9576	283	8	https://unfccc.int/kyoto_protocol	https://unfccc.int/kyoto_protocol	PRON
fbem-9576	283	9	[	[	X
fbem-9576	283	10	16	16	NUM
fbem-9576	283	11	]	]	X
fbem-9576	283	12	european	european	PROPN
fbem-9576	283	13	commission	commission	PROPN
fbem-9576	283	14	.	.	PUNCT
fbem-9576	284	1	(	(	PUNCT
fbem-9576	284	2	n.d	n.d	PROPN
fbem-9576	284	3	.	.	PROPN
fbem-9576	284	4	)	)	PUNCT
fbem-9576	284	5	.	.	PUNCT
fbem-9576	285	1	eu	eu	PROPN
fbem-9576	285	2	emissions	emission	NOUN
fbem-9576	285	3	trading	trading	NOUN
fbem-9576	285	4	system	system	NOUN
fbem-9576	285	5	(	(	PUNCT
fbem-9576	285	6	eu	eu	PROPN
fbem-9576	285	7	ets	ets	PROPN
fbem-9576	285	8	)	)	PUNCT
fbem-9576	285	9	.	.	PUNCT
fbem-9576	286	1	retrieved	retrieve	VERB
fbem-9576	286	2	january	january	PROPN
fbem-9576	286	3	14	14	NUM
fbem-9576	286	4	,	,	PUNCT
fbem-9576	286	5	2023	2023	NUM
fbem-9576	286	6	,	,	PUNCT
fbem-9576	286	7	from	from	ADP
fbem-9576	286	8	https://climate.ec.europa.eu/eu-action/eu-emissions-tradingsystem-eu-ets_en\	https://climate.ec.europa.eu/eu-action/eu-emissions-tradingsystem-eu-ets_en\	PROPN
fbem-9576	286	9	[	[	X
fbem-9576	286	10	17	17	NUM
fbem-9576	286	11	]	]	X
fbem-9576	286	12	wang	wang	PROPN
fbem-9576	286	13	,	,	PUNCT
fbem-9576	286	14	w.	w.	PROPN
fbem-9576	286	15	,	,	PUNCT
fbem-9576	286	16	&	&	CCONJ
fbem-9576	286	17	zhang	zhang	PROPN
fbem-9576	286	18	,	,	PUNCT
fbem-9576	286	19	y.	y.	PROPN
fbem-9576	286	20	j.	j.	PROPN
fbem-9576	286	21	(	(	PUNCT
fbem-9576	286	22	2022	2022	NUM
fbem-9576	286	23	)	)	PUNCT
fbem-9576	286	24	.	.	PUNCT
fbem-9576	287	1	does	do	AUX
fbem-9576	287	2	china	china	PROPN
fbem-9576	287	3	's	's	PART
fbem-9576	287	4	carbon	carbon	NOUN
fbem-9576	287	5	emissions	emission	NOUN
fbem-9576	287	6	trading	trading	NOUN
fbem-9576	287	7	scheme	scheme	NOUN
fbem-9576	287	8	affect	affect	VERB
fbem-9576	287	9	the	the	DET
fbem-9576	287	10	market	market	NOUN
fbem-9576	287	11	power	power	NOUN
fbem-9576	287	12	of	of	ADP
fbem-9576	287	13	highcarbon	highcarbon	NOUN
fbem-9576	287	14	enterprises	enterprise	NOUN
fbem-9576	287	15	?	?	PUNCT
fbem-9576	287	16	.	.	PUNCT
fbem-9576	288	1	energy	energy	NOUN
fbem-9576	288	2	economics	economic	NOUN
fbem-9576	288	3	,	,	PUNCT
fbem-9576	288	4	108	108	NUM
fbem-9576	288	5	,	,	PUNCT
fbem-9576	288	6	105906	105906	NUM
fbem-9576	288	7	.	.	PUNCT
fbem-9576	289	1	[	[	X
fbem-9576	289	2	18	18	NUM
fbem-9576	289	3	]	]	PUNCT
fbem-9576	289	4	ambec	ambec	PROPN
fbem-9576	289	5	,	,	PUNCT
fbem-9576	289	6	s.	s.	PROPN
fbem-9576	289	7	,	,	PUNCT
fbem-9576	289	8	cohen	cohen	PROPN
fbem-9576	289	9	,	,	PUNCT
fbem-9576	289	10	m.	m.	NOUN
fbem-9576	289	11	a.	a.	PROPN
fbem-9576	289	12	,	,	PUNCT
fbem-9576	289	13	elgie	elgie	PROPN
fbem-9576	289	14	,	,	PUNCT
fbem-9576	289	15	s.	s.	PROPN
fbem-9576	289	16	,	,	PUNCT
fbem-9576	289	17	&	&	CCONJ
fbem-9576	289	18	lanoie	lanoie	PROPN
fbem-9576	289	19	,	,	PUNCT
fbem-9576	289	20	p.	p.	NOUN
fbem-9576	289	21	(	(	PUNCT
fbem-9576	289	22	2013	2013	NUM
fbem-9576	289	23	)	)	PUNCT
fbem-9576	289	24	.	.	PUNCT
fbem-9576	290	1	the	the	DET
fbem-9576	290	2	porter	porter	NOUN
fbem-9576	290	3	hypothesis	hypothesis	NOUN
fbem-9576	290	4	at	at	ADP
fbem-9576	290	5	20	20	NUM
fbem-9576	290	6	:	:	PUNCT
fbem-9576	290	7	can	can	AUX
fbem-9576	290	8	environmental	environmental	ADJ
fbem-9576	290	9	regulation	regulation	NOUN
fbem-9576	290	10	enhance	enhance	VERB
fbem-9576	290	11	innovation	innovation	NOUN
fbem-9576	290	12	and	and	CCONJ
fbem-9576	290	13	competitiveness	competitiveness	NOUN
fbem-9576	290	14	?	?	PUNCT
fbem-9576	291	1	review	review	NOUN
fbem-9576	291	2	of	of	ADP
fbem-9576	291	3	environmental	environmental	ADJ
fbem-9576	291	4	economics	economic	NOUN
fbem-9576	291	5	and	and	CCONJ
fbem-9576	291	6	policy	policy	NOUN
fbem-9576	291	7	,	,	PUNCT
fbem-9576	291	8	7(1	7(1	NUM
fbem-9576	291	9	)	)	PUNCT
fbem-9576	291	10	,	,	PUNCT
fbem-9576	291	11	2–22	2–22	PROPN
fbem-9576	291	12	.	.	PUNCT
fbem-9576	292	1	[	[	X
fbem-9576	292	2	19	19	NUM
fbem-9576	292	3	]	]	SYM
fbem-9576	292	4	nie	nie	PROPN
fbem-9576	292	5	,	,	PUNCT
fbem-9576	292	6	q.	q.	PROPN
fbem-9576	292	7	(	(	PUNCT
fbem-9576	292	8	2020	2020	NUM
fbem-9576	292	9	)	)	PUNCT
fbem-9576	292	10	.	.	PUNCT
fbem-9576	293	1	analysis	analysis	NOUN
fbem-9576	293	2	of	of	ADP
fbem-9576	293	3	policy	policy	NOUN
fbem-9576	293	4	effect	effect	NOUN
fbem-9576	293	5	of	of	ADP
fbem-9576	293	6	carbon	carbon	NOUN
fbem-9576	293	7	emission	emission	NOUN
fbem-9576	293	8	trading	trading	NOUN
fbem-9576	293	9	on	on	ADP
fbem-9576	293	10	power	power	NOUN
fbem-9576	293	11	generation	generation	NOUN
fbem-9576	293	12	industry	industry	NOUN
fbem-9576	293	13	.	.	PUNCT
fbem-9576	294	1	energy	energy	NOUN
fbem-9576	294	2	environmental	environmental	ADJ
fbem-9576	294	3	protection	protection	PROPN
fbem-9576	294	4	,	,	PUNCT
fbem-9576	294	5	34(6	34(6	NUM
fbem-9576	294	6	)	)	PUNCT
fbem-9576	294	7	.	.	PUNCT
fbem-9576	295	1	https://d.wanfangdata.com.cn/periodical/chlqzxjpb2rpy2f	https://d.wanfangdata.com.cn/periodical/chlqzxjpb2rpy2f	DET
fbem-9576	295	2	sq0hjtmv3uziwmjmwmteyeg9ta2hqymgymdiwmdyw	sq0hjtmv3uziwmjmwmteyeg9ta2hqymgymdiwmdyw	NOUN
fbem-9576	295	3	mtiacgr6m2rvz2uy	mtiacgr6m2rvz2uy	PUNCT
fbem-9576	296	1	[	[	X
fbem-9576	296	2	20	20	NUM
fbem-9576	296	3	]	]	PUNCT
fbem-9576	296	4	spash	spash	NOUN
fbem-9576	296	5	,	,	PUNCT
fbem-9576	296	6	c.	c.	PROPN
fbem-9576	296	7	(	(	PUNCT
fbem-9576	296	8	2010	2010	NUM
fbem-9576	296	9	)	)	PUNCT
fbem-9576	296	10	.	.	PUNCT
fbem-9576	297	1	the	the	DET
fbem-9576	297	2	brave	brave	ADJ
fbem-9576	297	3	new	new	ADJ
fbem-9576	297	4	world	world	NOUN
fbem-9576	297	5	of	of	ADP
fbem-9576	297	6	carbon	carbon	NOUN
fbem-9576	297	7	trading	trading	NOUN
fbem-9576	297	8	.	.	PUNCT
fbem-9576	298	1	new	new	ADJ
fbem-9576	298	2	political	political	ADJ
fbem-9576	298	3	economy	economy	NOUN
fbem-9576	298	4	,	,	PUNCT
fbem-9576	298	5	15(2	15(2	NUM
fbem-9576	298	6	)	)	PUNCT
fbem-9576	298	7	.	.	PUNCT
