id	sid	tid	token	lemma	pos
cord-305747-h17l3rt6	1	1	key	key	JJ
cord-305747-h17l3rt6	1	2	:	:	:
cord-305747-h17l3rt6	1	3	cord-305747-h17l3rt6	cord-305747-h17l3rt6	NN
cord-305747-h17l3rt6	1	4	authors	author	NNS
cord-305747-h17l3rt6	1	5	:	:	:
cord-305747-h17l3rt6	1	6	Sznajderska	Sznajderska	NNP
cord-305747-h17l3rt6	1	7	,	,	,
cord-305747-h17l3rt6	1	8	Anna	Anna	NNP
cord-305747-h17l3rt6	1	9	;	;	:
cord-305747-h17l3rt6	1	10	Kapuściński	Kapuściński	NNP
cord-305747-h17l3rt6	1	11	,	,	,
cord-305747-h17l3rt6	1	12	Mariusz	Mariusz	NNP
cord-305747-h17l3rt6	1	13	title	title	NN
cord-305747-h17l3rt6	1	14	:	:	:
cord-305747-h17l3rt6	1	15	Macroeconomic	macroeconomic	JJ
cord-305747-h17l3rt6	1	16	spillover	spillover	NN
cord-305747-h17l3rt6	1	17	effects	effect	NNS
cord-305747-h17l3rt6	1	18	of	of	IN
cord-305747-h17l3rt6	1	19	the	the	DT
cord-305747-h17l3rt6	1	20	Chinese	chinese	JJ
cord-305747-h17l3rt6	1	21	economy	economy	NN
cord-305747-h17l3rt6	1	22	date	date	NN
cord-305747-h17l3rt6	1	23	:	:	:
cord-305747-h17l3rt6	1	24	2020	2020	CD
cord-305747-h17l3rt6	1	25	-	-	HYPH
cord-305747-h17l3rt6	1	26	04	04	CD
cord-305747-h17l3rt6	1	27	-	-	HYPH
cord-305747-h17l3rt6	1	28	24	24	CD
cord-305747-h17l3rt6	1	29	journal	journal	NN
cord-305747-h17l3rt6	1	30	:	:	:
cord-305747-h17l3rt6	2	1	Rev	Rev	NNP
cord-305747-h17l3rt6	2	2	Int	Int	NNP
cord-305747-h17l3rt6	2	3	Econ	Econ	NNP
cord-305747-h17l3rt6	2	4	DOI	doi	NN
cord-305747-h17l3rt6	2	5	:	:	:
cord-305747-h17l3rt6	3	1	10.1111	10.1111	CD
cord-305747-h17l3rt6	3	2	/	/	SYM
cord-305747-h17l3rt6	3	3	roie.12479	roie.12479	NNP
cord-305747-h17l3rt6	3	4	sha	sha	NNP
cord-305747-h17l3rt6	3	5	:	:	:
cord-305747-h17l3rt6	3	6	cbd0fb3a17b15a67a34fa7360ebdebcf75340853	cbd0fb3a17b15a67a34fa7360ebdebcf75340853	NNP
cord-305747-h17l3rt6	3	7	doc_id	doc_id	CD
cord-305747-h17l3rt6	3	8	:	:	:
cord-305747-h17l3rt6	3	9	305747	305747	CD
cord-305747-h17l3rt6	3	10	cord_uid	cord_uid	NNS
cord-305747-h17l3rt6	3	11	:	:	:
cord-305747-h17l3rt6	3	12	h17l3rt6	h17l3rt6	ADD
cord-305747-h17l3rt6	4	1	The	the	DT
cord-305747-h17l3rt6	4	2	slowdown	slowdown	NN
cord-305747-h17l3rt6	4	3	of	of	IN
cord-305747-h17l3rt6	4	4	economy	economy	NN
cord-305747-h17l3rt6	4	5	and	and	CC
cord-305747-h17l3rt6	4	6	widening	widening	NN
cord-305747-h17l3rt6	4	7	of	of	IN
cord-305747-h17l3rt6	4	8	domestic	domestic	JJ
cord-305747-h17l3rt6	4	9	imbalances	imbalance	NNS
cord-305747-h17l3rt6	4	10	in	in	IN
cord-305747-h17l3rt6	4	11	China	China	NNP
cord-305747-h17l3rt6	4	12	bothers	bother	VBZ
cord-305747-h17l3rt6	4	13	economists	economist	NNS
cord-305747-h17l3rt6	4	14	and	and	CC
cord-305747-h17l3rt6	4	15	politicians	politician	NNS
cord-305747-h17l3rt6	4	16	across	across	IN
cord-305747-h17l3rt6	4	17	the	the	DT
cord-305747-h17l3rt6	4	18	globe	globe	NN
cord-305747-h17l3rt6	4	19	.	.	.
cord-305747-h17l3rt6	5	1	We	-PRON-	PRP
cord-305747-h17l3rt6	5	2	estimate	estimate	VBP
cord-305747-h17l3rt6	5	3	the	the	DT
cord-305747-h17l3rt6	5	4	influence	influence	NN
cord-305747-h17l3rt6	5	5	of	of	IN
cord-305747-h17l3rt6	5	6	a	a	DT
cord-305747-h17l3rt6	5	7	negative	negative	JJ
cord-305747-h17l3rt6	5	8	output	output	NN
cord-305747-h17l3rt6	5	9	shock	shock	NN
cord-305747-h17l3rt6	5	10	in	in	IN
cord-305747-h17l3rt6	5	11	China	China	NNP
cord-305747-h17l3rt6	5	12	on	on	IN
cord-305747-h17l3rt6	5	13	a	a	DT
cord-305747-h17l3rt6	5	14	number	number	NN
cord-305747-h17l3rt6	5	15	of	of	IN
cord-305747-h17l3rt6	5	16	different	different	JJ
cord-305747-h17l3rt6	5	17	economies	economy	NNS
cord-305747-h17l3rt6	5	18	.	.	.
cord-305747-h17l3rt6	6	1	We	-PRON-	PRP
cord-305747-h17l3rt6	6	2	concentrate	concentrate	VBP
cord-305747-h17l3rt6	6	3	on	on	IN
cord-305747-h17l3rt6	6	4	China	China	NNP
cord-305747-h17l3rt6	6	5	's	's	POS
cord-305747-h17l3rt6	6	6	neighboring	neighboring	NN
cord-305747-h17l3rt6	6	7	countries	country	NNS
cord-305747-h17l3rt6	6	8	.	.	.
cord-305747-h17l3rt6	7	1	We	-PRON-	PRP
cord-305747-h17l3rt6	7	2	compare	compare	VBP
cord-305747-h17l3rt6	7	3	the	the	DT
cord-305747-h17l3rt6	7	4	results	result	NNS
cord-305747-h17l3rt6	7	5	from	from	IN
cord-305747-h17l3rt6	7	6	the	the	DT
cord-305747-h17l3rt6	7	7	Global	Global	NNP
cord-305747-h17l3rt6	7	8	VAR	var	NN
cord-305747-h17l3rt6	7	9	model	model	NN
cord-305747-h17l3rt6	7	10	and	and	CC
cord-305747-h17l3rt6	7	11	from	from	IN
cord-305747-h17l3rt6	7	12	the	the	DT
cord-305747-h17l3rt6	7	13	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	7	14	VAR	var	NN
cord-305747-h17l3rt6	7	15	models	model	NNS
cord-305747-h17l3rt6	7	16	.	.	.
cord-305747-h17l3rt6	8	1	Also	also	RB
cord-305747-h17l3rt6	8	2	using	use	VBG
cord-305747-h17l3rt6	8	3	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	8	4	model	model	NN
cord-305747-h17l3rt6	8	5	averaging	average	VBG
cord-305747-h17l3rt6	8	6	we	-PRON-	PRP
cord-305747-h17l3rt6	8	7	search	search	VBP
cord-305747-h17l3rt6	8	8	for	for	IN
cord-305747-h17l3rt6	8	9	determinants	determinant	NNS
cord-305747-h17l3rt6	8	10	of	of	IN
cord-305747-h17l3rt6	8	11	Chinese	chinese	JJ
cord-305747-h17l3rt6	8	12	spillovers	spillover	NNS
cord-305747-h17l3rt6	8	13	for	for	IN
cord-305747-h17l3rt6	8	14	the	the	DT
cord-305747-h17l3rt6	8	15	global	global	JJ
cord-305747-h17l3rt6	8	16	economy	economy	NN
cord-305747-h17l3rt6	8	17	.	.	.
cord-305747-h17l3rt6	9	1	We	-PRON-	PRP
cord-305747-h17l3rt6	9	2	find	find	VBP
cord-305747-h17l3rt6	9	3	that	that	IN
cord-305747-h17l3rt6	9	4	spillovers	spillover	NNS
cord-305747-h17l3rt6	9	5	are	be	VBP
cord-305747-h17l3rt6	9	6	stronger	strong	JJR
cord-305747-h17l3rt6	9	7	to	to	IN
cord-305747-h17l3rt6	9	8	economies	economy	NNS
cord-305747-h17l3rt6	9	9	with	with	IN
cord-305747-h17l3rt6	9	10	less	less	RBR
cord-305747-h17l3rt6	9	11	flexible	flexible	JJ
cord-305747-h17l3rt6	9	12	exchange	exchange	NN
cord-305747-h17l3rt6	9	13	rates	rate	NNS
cord-305747-h17l3rt6	9	14	,	,	,
cord-305747-h17l3rt6	9	15	a	a	DT
cord-305747-h17l3rt6	9	16	higher	high	JJR
cord-305747-h17l3rt6	9	17	share	share	NN
cord-305747-h17l3rt6	9	18	of	of	IN
cord-305747-h17l3rt6	9	19	manufacturing	manufacturing	NN
cord-305747-h17l3rt6	9	20	in	in	IN
cord-305747-h17l3rt6	9	21	gross	gross	JJ
cord-305747-h17l3rt6	9	22	value	value	NN
cord-305747-h17l3rt6	9	23	added	add	VBN
cord-305747-h17l3rt6	9	24	and	and	CC
cord-305747-h17l3rt6	9	25	to	to	IN
cord-305747-h17l3rt6	9	26	economies	economy	NNS
cord-305747-h17l3rt6	9	27	which	which	WDT
cord-305747-h17l3rt6	9	28	are	be	VBP
cord-305747-h17l3rt6	9	29	larger	large	JJR
cord-305747-h17l3rt6	9	30	.	.	.
cord-305747-h17l3rt6	10	1	SZNAJDERSKA	SZNAJDERSKA	NNP
cord-305747-h17l3rt6	10	2	AND	and	CC
cord-305747-h17l3rt6	10	3	KAPUŚCIŃSKI	KAPUŚCIŃSKI	NNP
cord-305747-h17l3rt6	10	4	that	that	IN
cord-305747-h17l3rt6	10	5	the	the	DT
cord-305747-h17l3rt6	10	6	negative	negative	JJ
cord-305747-h17l3rt6	10	7	output	output	NN
cord-305747-h17l3rt6	10	8	shock	shock	NN
cord-305747-h17l3rt6	10	9	in	in	IN
cord-305747-h17l3rt6	10	10	China	China	NNP
cord-305747-h17l3rt6	10	11	has	have	VBZ
cord-305747-h17l3rt6	10	12	the	the	DT
cord-305747-h17l3rt6	10	13	largest	large	JJS
cord-305747-h17l3rt6	10	14	effect	effect	NN
cord-305747-h17l3rt6	10	15	on	on	IN
cord-305747-h17l3rt6	10	16	less	less	RBR
cord-305747-h17l3rt6	10	17	-	-	HYPH
cord-305747-h17l3rt6	10	18	diversified	diversify	VBN
cord-305747-h17l3rt6	10	19	commodity	commodity	NN
cord-305747-h17l3rt6	10	20	exporters	exporter	NNS
cord-305747-h17l3rt6	10	21	and	and	CC
cord-305747-h17l3rt6	10	22	ASEAN-5	asean-5	NN
cord-305747-h17l3rt6	10	23	countries	country	NNS
cord-305747-h17l3rt6	10	24	(	(	-LRB-
cord-305747-h17l3rt6	10	25	Indonesia	Indonesia	NNP
cord-305747-h17l3rt6	10	26	,	,	,
cord-305747-h17l3rt6	10	27	Malaysia	Malaysia	NNP
cord-305747-h17l3rt6	10	28	,	,	,
cord-305747-h17l3rt6	10	29	Singapore	Singapore	NNP
cord-305747-h17l3rt6	10	30	,	,	,
cord-305747-h17l3rt6	10	31	and	and	CC
cord-305747-h17l3rt6	10	32	Thailand	Thailand	NNP
cord-305747-h17l3rt6	10	33	-	-	:
cord-305747-h17l3rt6	10	34	without	without	IN
cord-305747-h17l3rt6	10	35	the	the	DT
cord-305747-h17l3rt6	10	36	Philippines	Philippines	NNP
cord-305747-h17l3rt6	10	37	)	)	-RRB-
cord-305747-h17l3rt6	10	38	.	.	.
cord-305747-h17l3rt6	11	1	Following	follow	VBG
cord-305747-h17l3rt6	11	2	a	a	DT
cord-305747-h17l3rt6	11	3	1	1	CD
cord-305747-h17l3rt6	11	4	p.p	p.p	NN
cord-305747-h17l3rt6	11	5	.	.	NNP
cord-305747-h17l3rt6	11	6	decrease	decrease	NN
cord-305747-h17l3rt6	11	7	of	of	IN
cord-305747-h17l3rt6	11	8	the	the	DT
cord-305747-h17l3rt6	11	9	real	real	JJ
cord-305747-h17l3rt6	11	10	GDP	GDP	NNP
cord-305747-h17l3rt6	11	11	growth	growth	NN
cord-305747-h17l3rt6	11	12	in	in	IN
cord-305747-h17l3rt6	11	13	China	China	NNP
cord-305747-h17l3rt6	11	14	,	,	,
cord-305747-h17l3rt6	11	15	global	global	JJ
cord-305747-h17l3rt6	11	16	growth	growth	NN
cord-305747-h17l3rt6	11	17	decreases	decrease	NNS
cord-305747-h17l3rt6	11	18	by	by	IN
cord-305747-h17l3rt6	11	19	0.23	0.23	CD
cord-305747-h17l3rt6	11	20	p.p	p.p	NN
cord-305747-h17l3rt6	11	21	.	.	.
cord-305747-h17l3rt6	12	1	in	in	IN
cord-305747-h17l3rt6	12	2	the	the	DT
cord-305747-h17l3rt6	12	3	short	short	JJ
cord-305747-h17l3rt6	12	4	term	term	NN
cord-305747-h17l3rt6	12	5	,	,	,
cord-305747-h17l3rt6	12	6	and	and	CC
cord-305747-h17l3rt6	12	7	oil	oil	NN
cord-305747-h17l3rt6	12	8	prices	price	NNS
cord-305747-h17l3rt6	12	9	fall	fall	VBP
cord-305747-h17l3rt6	12	10	by	by	IN
cord-305747-h17l3rt6	12	11	2.8	2.8	CD
cord-305747-h17l3rt6	12	12	p.p	p.p	NN
cord-305747-h17l3rt6	12	13	.	.	.
cord-305747-h17l3rt6	13	1	in	in	IN
cord-305747-h17l3rt6	13	2	the	the	DT
cord-305747-h17l3rt6	13	3	long	long	JJ
cord-305747-h17l3rt6	13	4	term	term	NN
cord-305747-h17l3rt6	13	5	.	.	.
cord-305747-h17l3rt6	14	1	Similarly	similarly	RB
cord-305747-h17l3rt6	14	2	,	,	,
cord-305747-h17l3rt6	14	3	Sznajderska	Sznajderska	NNP
cord-305747-h17l3rt6	14	4	(	(	-LRB-
cord-305747-h17l3rt6	14	5	2019	2019	CD
cord-305747-h17l3rt6	14	6	)	)	-RRB-
cord-305747-h17l3rt6	14	7	by	by	IN
cord-305747-h17l3rt6	14	8	estimating	estimate	VBG
cord-305747-h17l3rt6	14	9	a	a	DT
cord-305747-h17l3rt6	14	10	different	different	JJ
cord-305747-h17l3rt6	14	11	GVAR	GVAR	NNP
cord-305747-h17l3rt6	14	12	model	model	NN
cord-305747-h17l3rt6	14	13	shows	show	VBZ
cord-305747-h17l3rt6	14	14	that	that	IN
cord-305747-h17l3rt6	14	15	a	a	DT
cord-305747-h17l3rt6	14	16	1	1	CD
cord-305747-h17l3rt6	14	17	p.p	p.p	NNP
cord-305747-h17l3rt6	14	18	.	.	NNP
cord-305747-h17l3rt6	14	19	negative	negative	JJ
cord-305747-h17l3rt6	14	20	China	China	NNP
cord-305747-h17l3rt6	14	21	GDP	GDP	NNP
cord-305747-h17l3rt6	14	22	shock	shock	NN
cord-305747-h17l3rt6	14	23	reduces	reduce	VBZ
cord-305747-h17l3rt6	14	24	global	global	JJ
cord-305747-h17l3rt6	14	25	output	output	NN
cord-305747-h17l3rt6	14	26	by	by	IN
cord-305747-h17l3rt6	14	27	0.22	0.22	CD
cord-305747-h17l3rt6	14	28	p.p	p.p	NN
cord-305747-h17l3rt6	14	29	.	.	.
cord-305747-h17l3rt6	15	1	in	in	IN
cord-305747-h17l3rt6	15	2	the	the	DT
cord-305747-h17l3rt6	15	3	short	short	JJ
cord-305747-h17l3rt6	15	4	run	run	NN
cord-305747-h17l3rt6	15	5	,	,	,
cord-305747-h17l3rt6	15	6	leading	lead	VBG
cord-305747-h17l3rt6	15	7	to	to	IN
cord-305747-h17l3rt6	15	8	a	a	DT
cord-305747-h17l3rt6	15	9	maximum	maximum	JJ
cord-305747-h17l3rt6	15	10	1	1	CD
cord-305747-h17l3rt6	15	11	p.p	p.p	NN
cord-305747-h17l3rt6	15	12	.	.	NNP
cord-305747-h17l3rt6	15	13	decrease	decrease	NN
cord-305747-h17l3rt6	15	14	in	in	IN
cord-305747-h17l3rt6	15	15	the	the	DT
cord-305747-h17l3rt6	15	16	global	global	JJ
cord-305747-h17l3rt6	15	17	output	output	NN
cord-305747-h17l3rt6	15	18	in	in	IN
cord-305747-h17l3rt6	15	19	the	the	DT
cord-305747-h17l3rt6	15	20	longer	long	JJR
cord-305747-h17l3rt6	15	21	term	term	NN
cord-305747-h17l3rt6	15	22	.	.	.
cord-305747-h17l3rt6	16	1	Blagrave	Blagrave	NNP
cord-305747-h17l3rt6	16	2	and	and	CC
cord-305747-h17l3rt6	16	3	Vesperoni	Vesperoni	NNP
cord-305747-h17l3rt6	16	4	(	(	-LRB-
cord-305747-h17l3rt6	16	5	2018	2018	CD
cord-305747-h17l3rt6	16	6	)	)	-RRB-
cord-305747-h17l3rt6	16	7	show	show	VBP
cord-305747-h17l3rt6	16	8	that	that	IN
cord-305747-h17l3rt6	16	9	spillover	spillover	NN
cord-305747-h17l3rt6	16	10	effects	effect	NNS
cord-305747-h17l3rt6	16	11	are	be	VBP
cord-305747-h17l3rt6	16	12	largest	large	JJS
cord-305747-h17l3rt6	16	13	for	for	IN
cord-305747-h17l3rt6	16	14	countries	country	NNS
cord-305747-h17l3rt6	16	15	with	with	IN
cord-305747-h17l3rt6	16	16	tighter	tight	JJR
cord-305747-h17l3rt6	16	17	trade	trade	NN
cord-305747-h17l3rt6	16	18	links	link	NNS
cord-305747-h17l3rt6	16	19	to	to	IN
cord-305747-h17l3rt6	16	20	China	China	NNP
cord-305747-h17l3rt6	16	21	,	,	,
cord-305747-h17l3rt6	16	22	particularly	particularly	RB
cord-305747-h17l3rt6	16	23	those	those	DT
cord-305747-h17l3rt6	16	24	in	in	IN
cord-305747-h17l3rt6	16	25	Asia	Asia	NNP
cord-305747-h17l3rt6	16	26	.	.	.
cord-305747-h17l3rt6	17	1	They	-PRON-	PRP
cord-305747-h17l3rt6	17	2	analyze	analyze	VBP
cord-305747-h17l3rt6	17	3	demand	demand	NN
cord-305747-h17l3rt6	17	4	shocks	shock	NNS
cord-305747-h17l3rt6	17	5	for	for	IN
cord-305747-h17l3rt6	17	6	Chinese	chinese	JJ
cord-305747-h17l3rt6	17	7	secondary	secondary	JJ
cord-305747-h17l3rt6	17	8	and	and	CC
cord-305747-h17l3rt6	17	9	tertiary	tertiary	JJ
cord-305747-h17l3rt6	17	10	sectors	sector	NNS
cord-305747-h17l3rt6	17	11	separately	separately	RB
cord-305747-h17l3rt6	17	12	.	.	.
cord-305747-h17l3rt6	18	1	They	-PRON-	PRP
cord-305747-h17l3rt6	18	2	apply	apply	VBP
cord-305747-h17l3rt6	18	3	a	a	DT
cord-305747-h17l3rt6	18	4	panel	panel	NN
cord-305747-h17l3rt6	18	5	VAR	var	NN
cord-305747-h17l3rt6	18	6	model	model	NN
cord-305747-h17l3rt6	18	7	with	with	IN
cord-305747-h17l3rt6	18	8	China	China	NNP
cord-305747-h17l3rt6	18	9	's	's	POS
cord-305747-h17l3rt6	18	10	demand	demand	NN
cord-305747-h17l3rt6	18	11	shocks	shock	NNS
cord-305747-h17l3rt6	18	12	,	,	,
cord-305747-h17l3rt6	18	13	identified	identify	VBN
cord-305747-h17l3rt6	18	14	outside	outside	IN
cord-305747-h17l3rt6	18	15	the	the	DT
cord-305747-h17l3rt6	18	16	model	model	NN
cord-305747-h17l3rt6	18	17	,	,	,
cord-305747-h17l3rt6	18	18	as	as	IN
cord-305747-h17l3rt6	18	19	exogenous	exogenous	JJ
cord-305747-h17l3rt6	18	20	variables	variable	NNS
cord-305747-h17l3rt6	18	21	.	.	.
cord-305747-h17l3rt6	19	1	Authors	author	NNS
cord-305747-h17l3rt6	19	2	show	show	VBP
cord-305747-h17l3rt6	19	3	that	that	IN
cord-305747-h17l3rt6	19	4	shocks	shock	NNS
cord-305747-h17l3rt6	19	5	to	to	IN
cord-305747-h17l3rt6	19	6	China	China	NNP
cord-305747-h17l3rt6	19	7	's	's	POS
cord-305747-h17l3rt6	19	8	secondary	secondary	JJ
cord-305747-h17l3rt6	19	9	sector	sector	NN
cord-305747-h17l3rt6	19	10	have	have	VBP
cord-305747-h17l3rt6	19	11	much	much	RB
cord-305747-h17l3rt6	19	12	larger	large	JJR
cord-305747-h17l3rt6	19	13	effects	effect	NNS
cord-305747-h17l3rt6	19	14	on	on	IN
cord-305747-h17l3rt6	19	15	partner	partner	NN
cord-305747-h17l3rt6	19	16	export	export	NN
cord-305747-h17l3rt6	19	17	countries	country	NNS
cord-305747-h17l3rt6	19	18	than	than	IN
cord-305747-h17l3rt6	19	19	shocks	shock	NNS
cord-305747-h17l3rt6	19	20	to	to	IN
cord-305747-h17l3rt6	19	21	China	China	NNP
cord-305747-h17l3rt6	19	22	's	's	POS
cord-305747-h17l3rt6	19	23	tertiary	tertiary	JJ
cord-305747-h17l3rt6	19	24	sector	sector	NN
cord-305747-h17l3rt6	19	25	.	.	.
cord-305747-h17l3rt6	20	1	In	in	IN
cord-305747-h17l3rt6	20	2	our	-PRON-	PRP$
cord-305747-h17l3rt6	20	3	study	study	NN
cord-305747-h17l3rt6	20	4	we	-PRON-	PRP
cord-305747-h17l3rt6	20	5	do	do	VBP
cord-305747-h17l3rt6	20	6	not	not	RB
cord-305747-h17l3rt6	20	7	take	take	VB
cord-305747-h17l3rt6	20	8	into	into	IN
cord-305747-h17l3rt6	20	9	account	account	NN
cord-305747-h17l3rt6	20	10	the	the	DT
cord-305747-h17l3rt6	20	11	tertiary	tertiary	JJ
cord-305747-h17l3rt6	20	12	sector	sector	NN
cord-305747-h17l3rt6	20	13	,	,	,
cord-305747-h17l3rt6	20	14	because	because	IN
cord-305747-h17l3rt6	20	15	we	-PRON-	PRP
cord-305747-h17l3rt6	20	16	measure	measure	VBP
cord-305747-h17l3rt6	20	17	links	link	NNS
cord-305747-h17l3rt6	20	18	between	between	IN
cord-305747-h17l3rt6	20	19	countries	country	NNS
cord-305747-h17l3rt6	20	20	using	use	VBG
cord-305747-h17l3rt6	20	21	DOTS	DOTS	NNP
cord-305747-h17l3rt6	20	22	statistics	statistic	NNS
cord-305747-h17l3rt6	20	23	.	.	.
cord-305747-h17l3rt6	21	1	Also	also	RB
cord-305747-h17l3rt6	21	2	the	the	DT
cord-305747-h17l3rt6	21	3	Chinese	chinese	JJ
cord-305747-h17l3rt6	21	4	stock	stock	NN
cord-305747-h17l3rt6	21	5	market	market	NN
cord-305747-h17l3rt6	21	6	crash	crash	NN
cord-305747-h17l3rt6	21	7	(	(	-LRB-
cord-305747-h17l3rt6	21	8	2015	2015	CD
cord-305747-h17l3rt6	21	9	)	)	-RRB-
cord-305747-h17l3rt6	21	10	(	(	-LRB-
cord-305747-h17l3rt6	21	11	2016	2016	CD
cord-305747-h17l3rt6	21	12	)	)	-RRB-
cord-305747-h17l3rt6	21	13	shows	show	VBZ
cord-305747-h17l3rt6	21	14	that	that	IN
cord-305747-h17l3rt6	21	15	China	China	NNP
cord-305747-h17l3rt6	21	16	is	be	VBZ
cord-305747-h17l3rt6	21	17	becoming	become	VBG
cord-305747-h17l3rt6	21	18	more	more	RBR
cord-305747-h17l3rt6	21	19	integrated	integrate	VBN
cord-305747-h17l3rt6	21	20	with	with	IN
cord-305747-h17l3rt6	21	21	the	the	DT
cord-305747-h17l3rt6	21	22	regional	regional	JJ
cord-305747-h17l3rt6	21	23	financial	financial	JJ
cord-305747-h17l3rt6	21	24	markets	market	NNS
cord-305747-h17l3rt6	21	25	.	.	.
cord-305747-h17l3rt6	22	1	Abdullahi	Abdullahi	NNP
cord-305747-h17l3rt6	22	2	and	and	CC
cord-305747-h17l3rt6	22	3	Rui	Rui	NNP
cord-305747-h17l3rt6	22	4	(	(	-LRB-
cord-305747-h17l3rt6	22	5	2019	2019	CD
cord-305747-h17l3rt6	22	6	)	)	-RRB-
cord-305747-h17l3rt6	22	7	,	,	,
cord-305747-h17l3rt6	22	8	for	for	IN
cord-305747-h17l3rt6	22	9	instance	instance	NN
cord-305747-h17l3rt6	22	10	,	,	,
cord-305747-h17l3rt6	22	11	by	by	IN
cord-305747-h17l3rt6	22	12	investigating	investigate	VBG
cord-305747-h17l3rt6	22	13	daily	daily	JJ
cord-305747-h17l3rt6	22	14	data	datum	NNS
cord-305747-h17l3rt6	22	15	between	between	IN
cord-305747-h17l3rt6	22	16	2015	2015	CD
cord-305747-h17l3rt6	22	17	and	and	CC
cord-305747-h17l3rt6	22	18	2016	2016	CD
cord-305747-h17l3rt6	22	19	,	,	,
cord-305747-h17l3rt6	22	20	show	show	VBP
cord-305747-h17l3rt6	22	21	strong	strong	JJ
cord-305747-h17l3rt6	22	22	shock	shock	NN
cord-305747-h17l3rt6	22	23	spillover	spillover	NN
cord-305747-h17l3rt6	22	24	effects	effect	NNS
cord-305747-h17l3rt6	22	25	from	from	IN
cord-305747-h17l3rt6	22	26	China	China	NNP
cord-305747-h17l3rt6	22	27	to	to	IN
cord-305747-h17l3rt6	22	28	most	most	JJS
cord-305747-h17l3rt6	22	29	Asia	Asia	NNP
cord-305747-h17l3rt6	22	30	-	-	HYPH
cord-305747-h17l3rt6	22	31	Pacific	Pacific	NNP
cord-305747-h17l3rt6	22	32	stock	stock	NN
cord-305747-h17l3rt6	22	33	markets	market	NNS
cord-305747-h17l3rt6	22	34	(	(	-LRB-
cord-305747-h17l3rt6	22	35	except	except	IN
cord-305747-h17l3rt6	22	36	New	New	NNP
cord-305747-h17l3rt6	22	37	Zealand	Zealand	NNP
cord-305747-h17l3rt6	22	38	)	)	-RRB-
cord-305747-h17l3rt6	22	39	.	.	.
cord-305747-h17l3rt6	23	1	It	-PRON-	PRP
cord-305747-h17l3rt6	23	2	is	be	VBZ
cord-305747-h17l3rt6	23	3	important	important	JJ
cord-305747-h17l3rt6	23	4	to	to	TO
cord-305747-h17l3rt6	23	5	note	note	VB
cord-305747-h17l3rt6	23	6	that	that	IN
cord-305747-h17l3rt6	23	7	Chinese	chinese	JJ
cord-305747-h17l3rt6	23	8	financial	financial	JJ
cord-305747-h17l3rt6	23	9	linkages	linkage	NNS
cord-305747-h17l3rt6	23	10	are	be	VBP
cord-305747-h17l3rt6	23	11	smaller	small	JJR
cord-305747-h17l3rt6	23	12	than	than	IN
cord-305747-h17l3rt6	23	13	linkages	linkage	NNS
cord-305747-h17l3rt6	23	14	through	through	IN
cord-305747-h17l3rt6	23	15	trade	trade	NN
cord-305747-h17l3rt6	23	16	channels	channel	NNS
cord-305747-h17l3rt6	23	17	.	.	.
cord-305747-h17l3rt6	24	1	Capital	capital	NN
cord-305747-h17l3rt6	24	2	flows	flow	NNS
cord-305747-h17l3rt6	24	3	in	in	IN
cord-305747-h17l3rt6	24	4	and	and	CC
cord-305747-h17l3rt6	24	5	out	out	IN
cord-305747-h17l3rt6	24	6	of	of	IN
cord-305747-h17l3rt6	24	7	China	China	NNP
cord-305747-h17l3rt6	24	8	are	be	VBP
cord-305747-h17l3rt6	24	9	restricted	restrict	VBN
cord-305747-h17l3rt6	24	10	legally	legally	RB
cord-305747-h17l3rt6	24	11	.	.	.
cord-305747-h17l3rt6	25	1	Despite	despite	IN
cord-305747-h17l3rt6	25	2	capital	capital	NN
cord-305747-h17l3rt6	25	3	controls	control	NNS
cord-305747-h17l3rt6	25	4	,	,	,
cord-305747-h17l3rt6	25	5	financial	financial	JJ
cord-305747-h17l3rt6	25	6	integration	integration	NN
cord-305747-h17l3rt6	25	7	of	of	IN
cord-305747-h17l3rt6	25	8	China	China	NNP
cord-305747-h17l3rt6	25	9	is	be	VBZ
cord-305747-h17l3rt6	25	10	de	de	FW
cord-305747-h17l3rt6	25	11	facto	facto	FW
cord-305747-h17l3rt6	25	12	non	non	JJ
cord-305747-h17l3rt6	25	13	-	-	JJ
cord-305747-h17l3rt6	25	14	negligible	negligible	JJ
cord-305747-h17l3rt6	26	1	(	(	-LRB-
cord-305747-h17l3rt6	26	2	see	see	VB
cord-305747-h17l3rt6	26	3	Dieppe	Dieppe	NNP
cord-305747-h17l3rt6	26	4	et	et	NNP
cord-305747-h17l3rt6	26	5	al	al	NNP
cord-305747-h17l3rt6	26	6	.	.	NNP
cord-305747-h17l3rt6	26	7	,	,	,
cord-305747-h17l3rt6	26	8	2018	2018	CD
cord-305747-h17l3rt6	26	9	)	)	-RRB-
cord-305747-h17l3rt6	26	10	.	.	.
cord-305747-h17l3rt6	27	1	Dieppe	Dieppe	NNP
cord-305747-h17l3rt6	27	2	et	et	NNP
cord-305747-h17l3rt6	27	3	al	al	NNP
cord-305747-h17l3rt6	27	4	.	.	.
cord-305747-h17l3rt6	28	1	note	note	VB
cord-305747-h17l3rt6	28	2	that	that	IN
cord-305747-h17l3rt6	28	3	the	the	DT
cord-305747-h17l3rt6	28	4	share	share	NN
cord-305747-h17l3rt6	28	5	of	of	IN
cord-305747-h17l3rt6	28	6	China	China	NNP
cord-305747-h17l3rt6	28	7	and	and	CC
cord-305747-h17l3rt6	28	8	Hong	Hong	NNP
cord-305747-h17l3rt6	28	9	Kong	Kong	NNP
cord-305747-h17l3rt6	28	10	's	's	POS
cord-305747-h17l3rt6	28	11	global	global	JJ
cord-305747-h17l3rt6	28	12	gross	gross	JJ
cord-305747-h17l3rt6	28	13	asset	asset	NN
cord-305747-h17l3rt6	28	14	and	and	CC
cord-305747-h17l3rt6	28	15	liability	liability	NN
cord-305747-h17l3rt6	28	16	position	position	NN
cord-305747-h17l3rt6	28	17	in	in	IN
cord-305747-h17l3rt6	28	18	2015	2015	CD
cord-305747-h17l3rt6	28	19	was	be	VBD
cord-305747-h17l3rt6	28	20	approximately	approximately	RB
cord-305747-h17l3rt6	28	21	8	8	CD
cord-305747-h17l3rt6	28	22	%	%	NN
cord-305747-h17l3rt6	28	23	(	(	-LRB-
cord-305747-h17l3rt6	28	24	to	to	TO
cord-305747-h17l3rt6	28	25	compare	compare	VB
cord-305747-h17l3rt6	28	26	with	with	IN
cord-305747-h17l3rt6	28	27	10	10	CD
cord-305747-h17l3rt6	28	28	%	%	NN
cord-305747-h17l3rt6	28	29	share	share	NN
cord-305747-h17l3rt6	28	30	in	in	IN
cord-305747-h17l3rt6	28	31	global	global	JJ
cord-305747-h17l3rt6	28	32	imports	import	NNS
cord-305747-h17l3rt6	28	33	or	or	CC
cord-305747-h17l3rt6	28	34	22	22	CD
cord-305747-h17l3rt6	28	35	%	%	NN
cord-305747-h17l3rt6	28	36	share	share	NN
cord-305747-h17l3rt6	28	37	in	in	IN
cord-305747-h17l3rt6	28	38	global	global	JJ
cord-305747-h17l3rt6	28	39	energy	energy	NN
cord-305747-h17l3rt6	28	40	consumption	consumption	NN
cord-305747-h17l3rt6	28	41	in	in	IN
cord-305747-h17l3rt6	28	42	2015	2015	CD
cord-305747-h17l3rt6	28	43	4	4	CD
cord-305747-h17l3rt6	28	44	)	)	-RRB-
cord-305747-h17l3rt6	28	45	.	.	.
cord-305747-h17l3rt6	29	1	Based	base	VBN
cord-305747-h17l3rt6	29	2	on	on	IN
cord-305747-h17l3rt6	29	3	the	the	DT
cord-305747-h17l3rt6	29	4	data	datum	NNS
cord-305747-h17l3rt6	29	5	from	from	IN
cord-305747-h17l3rt6	29	6	BIS	BIS	NNP
cord-305747-h17l3rt6	29	7	locational	locational	JJ
cord-305747-h17l3rt6	29	8	international	international	JJ
cord-305747-h17l3rt6	29	9	banking	banking	NN
cord-305747-h17l3rt6	29	10	statistics	statistic	NNS
cord-305747-h17l3rt6	29	11	we	-PRON-	PRP
cord-305747-h17l3rt6	29	12	may	may	MD
cord-305747-h17l3rt6	29	13	notice	notice	VB
cord-305747-h17l3rt6	29	14	that	that	IN
cord-305747-h17l3rt6	29	15	the	the	DT
cord-305747-h17l3rt6	29	16	highest	high	JJS
cord-305747-h17l3rt6	29	17	financial	financial	JJ
cord-305747-h17l3rt6	29	18	flows	flow	NNS
cord-305747-h17l3rt6	29	19	are	be	VBP
cord-305747-h17l3rt6	29	20	between	between	IN
cord-305747-h17l3rt6	29	21	China	China	NNP
cord-305747-h17l3rt6	29	22	and	and	CC
cord-305747-h17l3rt6	29	23	Hong	Hong	NNP
cord-305747-h17l3rt6	29	24	Kong	Kong	NNP
cord-305747-h17l3rt6	29	25	,	,	,
cord-305747-h17l3rt6	29	26	5	5	CD
cord-305747-h17l3rt6	29	27	followed	follow	VBN
cord-305747-h17l3rt6	29	28	by	by	IN
cord-305747-h17l3rt6	29	29	the	the	DT
cord-305747-h17l3rt6	29	30	euro	euro	NNP
cord-305747-h17l3rt6	29	31	area	area	NN
cord-305747-h17l3rt6	29	32	,	,	,
cord-305747-h17l3rt6	29	33	the	the	DT
cord-305747-h17l3rt6	29	34	United	United	NNP
cord-305747-h17l3rt6	29	35	States	States	NNP
cord-305747-h17l3rt6	29	36	,	,	,
cord-305747-h17l3rt6	29	37	the	the	DT
cord-305747-h17l3rt6	29	38	United	United	NNP
cord-305747-h17l3rt6	29	39	Kingdom	Kingdom	NNP
cord-305747-h17l3rt6	29	40	,	,	,
cord-305747-h17l3rt6	29	41	Japan	Japan	NNP
cord-305747-h17l3rt6	29	42	,	,	,
cord-305747-h17l3rt6	29	43	Taiwan	Taiwan	NNP
cord-305747-h17l3rt6	29	44	,	,	,
cord-305747-h17l3rt6	29	45	6	6	CD
cord-305747-h17l3rt6	29	46	Korea	Korea	NNP
cord-305747-h17l3rt6	29	47	,	,	,
cord-305747-h17l3rt6	29	48	Australia	Australia	NNP
cord-305747-h17l3rt6	29	49	,	,	,
cord-305747-h17l3rt6	29	50	and	and	CC
cord-305747-h17l3rt6	29	51	Canada	Canada	NNP
cord-305747-h17l3rt6	29	52	,	,	,
cord-305747-h17l3rt6	29	53	in	in	IN
cord-305747-h17l3rt6	29	54	descending	descend	VBG
cord-305747-h17l3rt6	29	55	order	order	NN
cord-305747-h17l3rt6	29	56	(	(	-LRB-
cord-305747-h17l3rt6	29	57	see	see	VB
cord-305747-h17l3rt6	29	58	Figure	Figure	NNP
cord-305747-h17l3rt6	29	59	A1	A1	NNP
cord-305747-h17l3rt6	29	60	in	in	IN
cord-305747-h17l3rt6	29	61	the	the	DT
cord-305747-h17l3rt6	29	62	Appendix	Appendix	NNP
cord-305747-h17l3rt6	29	63	)	)	-RRB-
cord-305747-h17l3rt6	29	64	.	.	.
cord-305747-h17l3rt6	30	1	The	the	DT
cord-305747-h17l3rt6	30	2	important	important	JJ
cord-305747-h17l3rt6	30	3	question	question	NN
cord-305747-h17l3rt6	30	4	is	be	VBZ
cord-305747-h17l3rt6	30	5	why	why	WRB
cord-305747-h17l3rt6	30	6	some	some	DT
cord-305747-h17l3rt6	30	7	economies	economy	NNS
cord-305747-h17l3rt6	30	8	are	be	VBP
cord-305747-h17l3rt6	30	9	affected	affect	VBN
cord-305747-h17l3rt6	30	10	more	more	RBR
cord-305747-h17l3rt6	30	11	and	and	CC
cord-305747-h17l3rt6	30	12	some	some	DT
cord-305747-h17l3rt6	30	13	are	be	VBP
cord-305747-h17l3rt6	30	14	less	less	JJR
cord-305747-h17l3rt6	30	15	by	by	IN
cord-305747-h17l3rt6	30	16	China	China	NNP
cord-305747-h17l3rt6	30	17	's	's	POS
cord-305747-h17l3rt6	30	18	spillovers	spillover	NNS
cord-305747-h17l3rt6	30	19	.	.	.
cord-305747-h17l3rt6	31	1	We	-PRON-	PRP
cord-305747-h17l3rt6	31	2	try	try	VBP
cord-305747-h17l3rt6	31	3	to	to	TO
cord-305747-h17l3rt6	31	4	answer	answer	VB
cord-305747-h17l3rt6	31	5	this	this	DT
cord-305747-h17l3rt6	31	6	question	question	NN
cord-305747-h17l3rt6	31	7	by	by	IN
cord-305747-h17l3rt6	31	8	looking	look	VBG
cord-305747-h17l3rt6	31	9	at	at	IN
cord-305747-h17l3rt6	31	10	structural	structural	JJ
cord-305747-h17l3rt6	31	11	characteristics	characteristic	NNS
cord-305747-h17l3rt6	31	12	of	of	IN
cord-305747-h17l3rt6	31	13	the	the	DT
cord-305747-h17l3rt6	31	14	economies	economy	NNS
cord-305747-h17l3rt6	31	15	.	.	.
cord-305747-h17l3rt6	32	1	Georgiadis	Georgiadis	NNP
cord-305747-h17l3rt6	32	2	is	be	VBZ
cord-305747-h17l3rt6	32	3	the	the	DT
cord-305747-h17l3rt6	32	4	author	author	NN
cord-305747-h17l3rt6	32	5	of	of	IN
cord-305747-h17l3rt6	32	6	two	two	CD
cord-305747-h17l3rt6	32	7	papers	paper	NNS
cord-305747-h17l3rt6	32	8	in	in	IN
cord-305747-h17l3rt6	32	9	which	which	WDT
cord-305747-h17l3rt6	32	10	he	-PRON-	PRP
cord-305747-h17l3rt6	32	11	shows	show	VBZ
cord-305747-h17l3rt6	32	12	that	that	IN
cord-305747-h17l3rt6	32	13	differences	difference	NNS
cord-305747-h17l3rt6	32	14	within	within	IN
cord-305747-h17l3rt6	32	15	the	the	DT
cord-305747-h17l3rt6	32	16	monetary	monetary	JJ
cord-305747-h17l3rt6	32	17	transmission	transmission	NN
cord-305747-h17l3rt6	32	18	mechanism	mechanism	NN
cord-305747-h17l3rt6	32	19	depend	depend	VBP
cord-305747-h17l3rt6	32	20	on	on	IN
cord-305747-h17l3rt6	32	21	the	the	DT
cord-305747-h17l3rt6	32	22	differences	difference	NNS
cord-305747-h17l3rt6	32	23	in	in	IN
cord-305747-h17l3rt6	32	24	the	the	DT
cord-305747-h17l3rt6	32	25	structural	structural	JJ
cord-305747-h17l3rt6	32	26	characteristics	characteristic	NNS
cord-305747-h17l3rt6	32	27	of	of	IN
cord-305747-h17l3rt6	32	28	the	the	DT
cord-305747-h17l3rt6	32	29	economies	economy	NNS
cord-305747-h17l3rt6	32	30	.	.	.
cord-305747-h17l3rt6	33	1	He	-PRON-	PRP
cord-305747-h17l3rt6	33	2	applies	apply	VBZ
cord-305747-h17l3rt6	33	3	GVAR	GVAR	NNP
cord-305747-h17l3rt6	33	4	methodology	methodology	NN
cord-305747-h17l3rt6	33	5	with	with	IN
cord-305747-h17l3rt6	33	6	sign	sign	NN
cord-305747-h17l3rt6	33	7	restrictions	restriction	NNS
cord-305747-h17l3rt6	33	8	.	.	.
cord-305747-h17l3rt6	34	1	In	in	IN
cord-305747-h17l3rt6	34	2	his	-PRON-	PRP$
cord-305747-h17l3rt6	34	3	first	first	JJ
cord-305747-h17l3rt6	34	4	paper	paper	NN
cord-305747-h17l3rt6	34	5	,	,	,
cord-305747-h17l3rt6	34	6	Georgiadis	Georgiadis	NNP
cord-305747-h17l3rt6	34	7	(	(	-LRB-
cord-305747-h17l3rt6	34	8	2015	2015	CD
cord-305747-h17l3rt6	34	9	)	)	-RRB-
cord-305747-h17l3rt6	34	10	studies	study	VBZ
cord-305747-h17l3rt6	34	11	the	the	DT
cord-305747-h17l3rt6	34	12	transmission	transmission	NN
cord-305747-h17l3rt6	34	13	of	of	IN
cord-305747-h17l3rt6	34	14	the	the	DT
cord-305747-h17l3rt6	34	15	common	common	JJ
cord-305747-h17l3rt6	34	16	euro	euro	NNP
cord-305747-h17l3rt6	34	17	area	area	NN
cord-305747-h17l3rt6	34	18	monetary	monetary	JJ
cord-305747-h17l3rt6	34	19	policy	policy	NN
cord-305747-h17l3rt6	34	20	across	across	IN
cord-305747-h17l3rt6	34	21	the	the	DT
cord-305747-h17l3rt6	34	22	individual	individual	JJ
cord-305747-h17l3rt6	34	23	euro	euro	JJ
cord-305747-h17l3rt6	34	24	area	area	NN
cord-305747-h17l3rt6	34	25	economies	economy	NNS
cord-305747-h17l3rt6	34	26	.	.	.
cord-305747-h17l3rt6	35	1	The	the	DT
cord-305747-h17l3rt6	35	2	euro	euro	NN
cord-305747-h17l3rt6	35	3	area	area	NN
cord-305747-h17l3rt6	35	4	countries	country	NNS
cord-305747-h17l3rt6	35	5	in	in	IN
cord-305747-h17l3rt6	35	6	which	which	WDT
cord-305747-h17l3rt6	35	7	a	a	DT
cord-305747-h17l3rt6	35	8	share	share	NN
cord-305747-h17l3rt6	35	9	of	of	IN
cord-305747-h17l3rt6	35	10	sectors	sector	NNS
cord-305747-h17l3rt6	35	11	with	with	IN
cord-305747-h17l3rt6	35	12	the	the	DT
cord-305747-h17l3rt6	35	13	demand	demand	NN
cord-305747-h17l3rt6	35	14	sensitive	sensitive	JJ
cord-305747-h17l3rt6	35	15	to	to	IN
cord-305747-h17l3rt6	35	16	interest	interest	NN
cord-305747-h17l3rt6	35	17	rate	rate	NN
cord-305747-h17l3rt6	35	18	changes	change	NNS
cord-305747-h17l3rt6	35	19	in	in	IN
cord-305747-h17l3rt6	35	20	the	the	DT
cord-305747-h17l3rt6	35	21	accumulated	accumulate	VBN
cord-305747-h17l3rt6	35	22	industry	industry	NN
cord-305747-h17l3rt6	35	23	is	be	VBZ
cord-305747-h17l3rt6	35	24	bigger	big	JJR
cord-305747-h17l3rt6	35	25	exhibit	exhibit	NN
cord-305747-h17l3rt6	35	26	a	a	DT
cord-305747-h17l3rt6	35	27	stronger	strong	JJR
cord-305747-h17l3rt6	35	28	monetary	monetary	JJ
cord-305747-h17l3rt6	35	29	transmission	transmission	NN
cord-305747-h17l3rt6	35	30	to	to	IN
cord-305747-h17l3rt6	35	31	real	real	JJ
cord-305747-h17l3rt6	35	32	economic	economic	JJ
cord-305747-h17l3rt6	35	33	activity	activity	NN
cord-305747-h17l3rt6	35	34	.	.	.
cord-305747-h17l3rt6	36	1	Similarly	similarly	RB
cord-305747-h17l3rt6	36	2	,	,	,
cord-305747-h17l3rt6	36	3	stronger	strong	JJR
cord-305747-h17l3rt6	36	4	transmission	transmission	NN
cord-305747-h17l3rt6	36	5	is	be	VBZ
cord-305747-h17l3rt6	36	6	observed	observe	VBN
cord-305747-h17l3rt6	36	7	in	in	IN
cord-305747-h17l3rt6	36	8	the	the	DT
cord-305747-h17l3rt6	36	9	countries	country	NNS
cord-305747-h17l3rt6	36	10	with	with	IN
cord-305747-h17l3rt6	36	11	more	more	JJR
cord-305747-h17l3rt6	36	12	real	real	JJ
cord-305747-h17l3rt6	36	13	wages	wage	NNS
cord-305747-h17l3rt6	36	14	rigidities	rigidity	NNS
cord-305747-h17l3rt6	36	15	and/or	and/or	CC
cord-305747-h17l3rt6	36	16	fewer	few	JJR
cord-305747-h17l3rt6	36	17	unemployment	unemployment	NN
cord-305747-h17l3rt6	36	18	rigidities	rigidity	NNS
cord-305747-h17l3rt6	36	19	.	.	.
cord-305747-h17l3rt6	37	1	In	in	IN
cord-305747-h17l3rt6	37	2	his	-PRON-	PRP$
cord-305747-h17l3rt6	37	3	second	second	JJ
cord-305747-h17l3rt6	37	4	paper	paper	NN
cord-305747-h17l3rt6	37	5	,	,	,
cord-305747-h17l3rt6	37	6	Georgiadis	Georgiadis	NNP
cord-305747-h17l3rt6	37	7	(	(	-LRB-
cord-305747-h17l3rt6	37	8	2016	2016	CD
cord-305747-h17l3rt6	37	9	)	)	-RRB-
cord-305747-h17l3rt6	37	10	studies	study	NNS
cord-305747-h17l3rt6	37	11	spillover	spillover	NN
cord-305747-h17l3rt6	37	12	effects	effect	NNS
cord-305747-h17l3rt6	37	13	from	from	IN
cord-305747-h17l3rt6	37	14	the	the	DT
cord-305747-h17l3rt6	37	15	U.S.	U.S.	NNP
cord-305747-h17l3rt6	37	16	economy	economy	NN
cord-305747-h17l3rt6	37	17	.	.	.
cord-305747-h17l3rt6	38	1	The	the	DT
cord-305747-h17l3rt6	38	2	results	result	NNS
cord-305747-h17l3rt6	38	3	of	of	IN
cord-305747-h17l3rt6	38	4	the	the	DT
cord-305747-h17l3rt6	38	5	study	study	NN
cord-305747-h17l3rt6	38	6	suggest	suggest	VBP
cord-305747-h17l3rt6	38	7	that	that	IN
cord-305747-h17l3rt6	38	8	policymakers	policymaker	NNS
cord-305747-h17l3rt6	38	9	could	could	MD
cord-305747-h17l3rt6	38	10	mitigate	mitigate	VB
cord-305747-h17l3rt6	38	11	the	the	DT
cord-305747-h17l3rt6	38	12	U.S.	U.S.	NNP
cord-305747-h17l3rt6	38	13	spillover	spillover	NN
cord-305747-h17l3rt6	38	14	effects	effect	NNS
cord-305747-h17l3rt6	38	15	by	by	IN
cord-305747-h17l3rt6	38	16	encouraging	encourage	VBG
cord-305747-h17l3rt6	38	17	trade	trade	NN
cord-305747-h17l3rt6	38	18	integration	integration	NN
cord-305747-h17l3rt6	38	19	,	,	,
cord-305747-h17l3rt6	38	20	financial	financial	JJ
cord-305747-h17l3rt6	38	21	market	market	NN
cord-305747-h17l3rt6	38	22	development	development	NN
cord-305747-h17l3rt6	38	23	,	,	,
cord-305747-h17l3rt6	38	24	flexibility	flexibility	NN
cord-305747-h17l3rt6	38	25	of	of	IN
cord-305747-h17l3rt6	38	26	exchange	exchange	NN
cord-305747-h17l3rt6	38	27	rates	rate	NNS
cord-305747-h17l3rt6	38	28	and	and	CC
cord-305747-h17l3rt6	38	29	by	by	IN
cord-305747-h17l3rt6	38	30	reducing	reduce	VBG
cord-305747-h17l3rt6	38	31	labor	labor	NN
cord-305747-h17l3rt6	38	32	market	market	NN
cord-305747-h17l3rt6	38	33	rigidities	rigidity	NNS
cord-305747-h17l3rt6	38	34	.	.	.
cord-305747-h17l3rt6	39	1	Moreover	moreover	RB
cord-305747-h17l3rt6	39	2	,	,	,
cord-305747-h17l3rt6	39	3	other	other	JJ
cord-305747-h17l3rt6	39	4	policies	policy	NNS
cord-305747-h17l3rt6	39	5	,	,	,
cord-305747-h17l3rt6	39	6	such	such	JJ
cord-305747-h17l3rt6	39	7	as	as	IN
cord-305747-h17l3rt6	39	8	slowing	slow	VBG
cord-305747-h17l3rt6	39	9	the	the	DT
cord-305747-h17l3rt6	39	10	process	process	NN
cord-305747-h17l3rt6	39	11	of	of	IN
cord-305747-h17l3rt6	39	12	financial	financial	JJ
cord-305747-h17l3rt6	39	13	integration	integration	NN
cord-305747-h17l3rt6	39	14	and	and	CC
cord-305747-h17l3rt6	39	15	industrialization	industrialization	NN
cord-305747-h17l3rt6	39	16	or	or	CC
cord-305747-h17l3rt6	39	17	participation	participation	NN
cord-305747-h17l3rt6	39	18	in	in	IN
cord-305747-h17l3rt6	39	19	the	the	DT
cord-305747-h17l3rt6	39	20	global	global	JJ
cord-305747-h17l3rt6	39	21	value	value	NN
cord-305747-h17l3rt6	39	22	chains	chain	NNS
cord-305747-h17l3rt6	39	23	,	,	,
cord-305747-h17l3rt6	39	24	could	could	MD
cord-305747-h17l3rt6	39	25	also	also	RB
cord-305747-h17l3rt6	39	26	reduce	reduce	VB
cord-305747-h17l3rt6	39	27	the	the	DT
cord-305747-h17l3rt6	39	28	spillover	spillover	NN
cord-305747-h17l3rt6	39	29	effects	effect	NNS
cord-305747-h17l3rt6	39	30	,	,	,
cord-305747-h17l3rt6	39	31	but	but	CC
cord-305747-h17l3rt6	39	32	would	would	MD
cord-305747-h17l3rt6	39	33	probably	probably	RB
cord-305747-h17l3rt6	39	34	decrease	decrease	VB
cord-305747-h17l3rt6	39	35	the	the	DT
cord-305747-h17l3rt6	39	36	level	level	NN
cord-305747-h17l3rt6	39	37	of	of	IN
cord-305747-h17l3rt6	39	38	long	long	JJ
cord-305747-h17l3rt6	39	39	-	-	HYPH
cord-305747-h17l3rt6	39	40	run	run	NN
cord-305747-h17l3rt6	39	41	economic	economic	JJ
cord-305747-h17l3rt6	39	42	growth	growth	NN
cord-305747-h17l3rt6	39	43	as	as	RB
cord-305747-h17l3rt6	39	44	well	well	RB
cord-305747-h17l3rt6	39	45	.	.	.
cord-305747-h17l3rt6	40	1	We	-PRON-	PRP
cord-305747-h17l3rt6	40	2	analyze	analyze	VBP
cord-305747-h17l3rt6	40	3	the	the	DT
cord-305747-h17l3rt6	40	4	factors	factor	NNS
cord-305747-h17l3rt6	40	5	which	which	WDT
cord-305747-h17l3rt6	40	6	explain	explain	VBP
cord-305747-h17l3rt6	40	7	differences	difference	NNS
cord-305747-h17l3rt6	40	8	in	in	IN
cord-305747-h17l3rt6	40	9	spillovers	spillover	NNS
cord-305747-h17l3rt6	40	10	similarly	similarly	RB
cord-305747-h17l3rt6	40	11	as	as	IN
cord-305747-h17l3rt6	40	12	Georgiadis	Georgiadis	NNP
cord-305747-h17l3rt6	40	13	(	(	-LRB-
cord-305747-h17l3rt6	40	14	2015	2015	CD
cord-305747-h17l3rt6	40	15	Georgiadis	Georgiadis	NNP
cord-305747-h17l3rt6	40	16	(	(	-LRB-
cord-305747-h17l3rt6	40	17	,	,	,
cord-305747-h17l3rt6	40	18	2016	2016	CD
cord-305747-h17l3rt6	40	19	,	,	,
cord-305747-h17l3rt6	40	20	by	by	IN
cord-305747-h17l3rt6	40	21	regressing	regress	VBG
cord-305747-h17l3rt6	40	22	maximum	maximum	JJ
cord-305747-h17l3rt6	40	23	point	point	NN
cord-305747-h17l3rt6	40	24	impulse	impulse	NN
cord-305747-h17l3rt6	40	25	responses	response	NNS
cord-305747-h17l3rt6	40	26	on	on	IN
cord-305747-h17l3rt6	40	27	structural	structural	JJ
cord-305747-h17l3rt6	40	28	characteristics	characteristic	NNS
cord-305747-h17l3rt6	40	29	of	of	IN
cord-305747-h17l3rt6	40	30	respective	respective	JJ
cord-305747-h17l3rt6	40	31	economies	economy	NNS
cord-305747-h17l3rt6	40	32	.	.	.
cord-305747-h17l3rt6	41	1	However	however	RB
cord-305747-h17l3rt6	41	2	,	,	,
cord-305747-h17l3rt6	41	3	due	due	IN
cord-305747-h17l3rt6	41	4	to	to	IN
cord-305747-h17l3rt6	41	5	having	have	VBG
cord-305747-h17l3rt6	41	6	a	a	DT
cord-305747-h17l3rt6	41	7	large	large	JJ
cord-305747-h17l3rt6	41	8	number	number	NN
cord-305747-h17l3rt6	41	9	of	of	IN
cord-305747-h17l3rt6	41	10	candidate	candidate	NN
cord-305747-h17l3rt6	41	11	characteristics	characteristic	NNS
cord-305747-h17l3rt6	41	12	compared	compare	VBN
cord-305747-h17l3rt6	41	13	to	to	IN
cord-305747-h17l3rt6	41	14	the	the	DT
cord-305747-h17l3rt6	41	15	number	number	NN
cord-305747-h17l3rt6	41	16	of	of	IN
cord-305747-h17l3rt6	41	17	observations	observation	NNS
cord-305747-h17l3rt6	41	18	,	,	,
cord-305747-h17l3rt6	41	19	we	-PRON-	PRP
cord-305747-h17l3rt6	41	20	have	have	VBP
cord-305747-h17l3rt6	41	21	used	use	VBN
cord-305747-h17l3rt6	41	22	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	41	23	model	model	NN
cord-305747-h17l3rt6	41	24	averaging	averaging	NN
cord-305747-h17l3rt6	41	25	.	.	.
cord-305747-h17l3rt6	42	1	A	a	DT
cord-305747-h17l3rt6	42	2	similar	similar	JJ
cord-305747-h17l3rt6	42	3	approach	approach	NN
cord-305747-h17l3rt6	42	4	was	be	VBD
cord-305747-h17l3rt6	42	5	used	use	VBN
cord-305747-h17l3rt6	42	6	,	,	,
cord-305747-h17l3rt6	42	7	for	for	IN
cord-305747-h17l3rt6	42	8	example	example	NN
cord-305747-h17l3rt6	42	9	,	,	,
cord-305747-h17l3rt6	42	10	by	by	IN
cord-305747-h17l3rt6	42	11	Havranek	Havranek	NNP
cord-305747-h17l3rt6	42	12	and	and	CC
cord-305747-h17l3rt6	42	13	Rusnak	Rusnak	NNP
cord-305747-h17l3rt6	42	14	(	(	-LRB-
cord-305747-h17l3rt6	42	15	2013	2013	CD
cord-305747-h17l3rt6	42	16	)	)	-RRB-
cord-305747-h17l3rt6	42	17	in	in	IN
cord-305747-h17l3rt6	42	18	order	order	NN
cord-305747-h17l3rt6	42	19	to	to	TO
cord-305747-h17l3rt6	42	20	analyze	analyze	VB
cord-305747-h17l3rt6	42	21	the	the	DT
cord-305747-h17l3rt6	42	22	transmission	transmission	NN
cord-305747-h17l3rt6	42	23	lags	lag	NNS
cord-305747-h17l3rt6	42	24	of	of	IN
cord-305747-h17l3rt6	42	25	monetary	monetary	JJ
cord-305747-h17l3rt6	42	26	policy	policy	NN
cord-305747-h17l3rt6	42	27	.	.	.
cord-305747-h17l3rt6	43	1	In	in	IN
cord-305747-h17l3rt6	43	2	contrast	contrast	NN
cord-305747-h17l3rt6	43	3	to	to	IN
cord-305747-h17l3rt6	43	4	their	-PRON-	PRP$
cord-305747-h17l3rt6	43	5	analysis	analysis	NN
cord-305747-h17l3rt6	43	6	,	,	,
cord-305747-h17l3rt6	43	7	we	-PRON-	PRP
cord-305747-h17l3rt6	43	8	do	do	VBP
cord-305747-h17l3rt6	43	9	not	not	RB
cord-305747-h17l3rt6	43	10	carry	carry	VB
cord-305747-h17l3rt6	43	11	out	out	RP
cord-305747-h17l3rt6	43	12	a	a	DT
cord-305747-h17l3rt6	43	13	meta	meta	JJ
cord-305747-h17l3rt6	43	14	-	-	HYPH
cord-305747-h17l3rt6	43	15	analysis	analysis	NN
cord-305747-h17l3rt6	43	16	of	of	IN
cord-305747-h17l3rt6	43	17	existing	exist	VBG
cord-305747-h17l3rt6	43	18	studies	study	NNS
cord-305747-h17l3rt6	43	19	.	.	.
cord-305747-h17l3rt6	44	1	We	-PRON-	PRP
cord-305747-h17l3rt6	44	2	use	use	VBP
cord-305747-h17l3rt6	44	3	the	the	DT
cord-305747-h17l3rt6	44	4	global	global	JJ
cord-305747-h17l3rt6	44	5	vector	vector	NN
cord-305747-h17l3rt6	44	6	autoregressive	autoregressive	JJ
cord-305747-h17l3rt6	44	7	model	model	NN
cord-305747-h17l3rt6	44	8	to	to	TO
cord-305747-h17l3rt6	44	9	investigate	investigate	VB
cord-305747-h17l3rt6	44	10	the	the	DT
cord-305747-h17l3rt6	44	11	impact	impact	NN
cord-305747-h17l3rt6	44	12	of	of	IN
cord-305747-h17l3rt6	44	13	the	the	DT
cord-305747-h17l3rt6	44	14	Chinese	chinese	JJ
cord-305747-h17l3rt6	44	15	economy	economy	NN
cord-305747-h17l3rt6	44	16	on	on	IN
cord-305747-h17l3rt6	44	17	other	other	JJ
cord-305747-h17l3rt6	44	18	economies	economy	NNS
cord-305747-h17l3rt6	44	19	.	.	.
cord-305747-h17l3rt6	45	1	7	7	CD
cord-305747-h17l3rt6	46	1	The	the	DT
cord-305747-h17l3rt6	46	2	GVAR	GVAR	NNP
cord-305747-h17l3rt6	46	3	model	model	NN
cord-305747-h17l3rt6	46	4	is	be	VBZ
cord-305747-h17l3rt6	46	5	estimated	estimate	VBN
cord-305747-h17l3rt6	46	6	within	within	IN
cord-305747-h17l3rt6	46	7	two	two	CD
cord-305747-h17l3rt6	46	8	steps	step	NNS
cord-305747-h17l3rt6	46	9	(	(	-LRB-
cord-305747-h17l3rt6	46	10	see	see	VB
cord-305747-h17l3rt6	46	11	Dees	Dees	NNP
cord-305747-h17l3rt6	46	12	,	,	,
cord-305747-h17l3rt6	46	13	Mauro	Mauro	NNP
cord-305747-h17l3rt6	46	14	,	,	,
cord-305747-h17l3rt6	46	15	Pesaran	Pesaran	NNP
cord-305747-h17l3rt6	46	16	,	,	,
cord-305747-h17l3rt6	46	17	&	&	CC
cord-305747-h17l3rt6	46	18	Smith	Smith	NNP
cord-305747-h17l3rt6	46	19	,	,	,
cord-305747-h17l3rt6	46	20	2007	2007	CD
cord-305747-h17l3rt6	46	21	;	;	:
cord-305747-h17l3rt6	46	22	Pesaran	Pesaran	NNP
cord-305747-h17l3rt6	46	23	,	,	,
cord-305747-h17l3rt6	46	24	Schuermann	Schuermann	NNP
cord-305747-h17l3rt6	46	25	,	,	,
cord-305747-h17l3rt6	46	26	&	&	CC
cord-305747-h17l3rt6	46	27	Weiner	Weiner	NNP
cord-305747-h17l3rt6	46	28	,	,	,
cord-305747-h17l3rt6	46	29	2004	2004	CD
cord-305747-h17l3rt6	46	30	)	)	-RRB-
cord-305747-h17l3rt6	46	31	.	.	.
cord-305747-h17l3rt6	47	1	First	first	RB
cord-305747-h17l3rt6	47	2	,	,	,
cord-305747-h17l3rt6	47	3	let	let	VB
cord-305747-h17l3rt6	47	4	us	-PRON-	PRP
cord-305747-h17l3rt6	47	5	consider	consider	VB
cord-305747-h17l3rt6	47	6	the	the	DT
cord-305747-h17l3rt6	47	7	VARX	VARX	NNP
cord-305747-h17l3rt6	47	8	(	(	-LRB-
cord-305747-h17l3rt6	47	9	p	p	NN
cord-305747-h17l3rt6	47	10	i	i	PRP
cord-305747-h17l3rt6	47	11	,	,	,
cord-305747-h17l3rt6	47	12	q	q	NNP
cord-305747-h17l3rt6	47	13	i	i	NN
cord-305747-h17l3rt6	47	14	)	)	-RRB-
cord-305747-h17l3rt6	47	15	models	model	NNS
cord-305747-h17l3rt6	47	16	for	for	IN
cord-305747-h17l3rt6	47	17	each	each	DT
cord-305747-h17l3rt6	47	18	country	country	NN
cord-305747-h17l3rt6	48	1	(	(	-LRB-
cord-305747-h17l3rt6	48	2	i	i	NN
cord-305747-h17l3rt6	48	3	=	=	SYM
cord-305747-h17l3rt6	48	4	1	1	CD
cord-305747-h17l3rt6	48	5	,	,	,
cord-305747-h17l3rt6	48	6	…	…	NFP
cord-305747-h17l3rt6	48	7	N	n	NN
cord-305747-h17l3rt6	48	8	;	;	:
cord-305747-h17l3rt6	48	9	N	n	CD
cord-305747-h17l3rt6	48	10	is	be	VBZ
cord-305747-h17l3rt6	48	11	the	the	DT
cord-305747-h17l3rt6	48	12	number	number	NN
cord-305747-h17l3rt6	48	13	of	of	IN
cord-305747-h17l3rt6	48	14	countries	country	NNS
cord-305747-h17l3rt6	48	15	)	)	-RRB-
cord-305747-h17l3rt6	48	16	,	,	,
cord-305747-h17l3rt6	48	17	where	where	WRB
cord-305747-h17l3rt6	48	18	p	p	NNP
cord-305747-h17l3rt6	48	19	i	i	NN
cord-305747-h17l3rt6	48	20	and	and	CC
cord-305747-h17l3rt6	48	21	q	q	NNP
cord-305747-h17l3rt6	48	22	i	i	PRP
cord-305747-h17l3rt6	48	23	are	be	VBP
cord-305747-h17l3rt6	48	24	lags	lag	VBZ
cord-305747-h17l3rt6	48	25	lengths	length	NNS
cord-305747-h17l3rt6	48	26	selected	select	VBN
cord-305747-h17l3rt6	48	27	by	by	IN
cord-305747-h17l3rt6	48	28	SBC	SBC	NNP
cord-305747-h17l3rt6	48	29	.	.	.
cord-305747-h17l3rt6	49	1	x	x	VB
cord-305747-h17l3rt6	49	2	it	-PRON-	PRP
cord-305747-h17l3rt6	49	3	,	,	,
cord-305747-h17l3rt6	49	4	is	be	VBZ
cord-305747-h17l3rt6	49	5	a	a	DT
cord-305747-h17l3rt6	49	6	vector	vector	NN
cord-305747-h17l3rt6	49	7	of	of	IN
cord-305747-h17l3rt6	49	8	domestic	domestic	JJ
cord-305747-h17l3rt6	49	9	variables	variable	NNS
cord-305747-h17l3rt6	49	10	,	,	,
cord-305747-h17l3rt6	50	1	x	x	LS
cord-305747-h17l3rt6	50	2	*	*	NFP
cord-305747-h17l3rt6	50	3	it	-PRON-	PRP
cord-305747-h17l3rt6	50	4	,	,	,
cord-305747-h17l3rt6	50	5	is	be	VBZ
cord-305747-h17l3rt6	50	6	a	a	DT
cord-305747-h17l3rt6	50	7	vector	vector	NN
cord-305747-h17l3rt6	50	8	of	of	IN
cord-305747-h17l3rt6	50	9	foreign	foreign	JJ
cord-305747-h17l3rt6	50	10	variables	variable	NNS
cord-305747-h17l3rt6	50	11	,	,	,
cord-305747-h17l3rt6	50	12	t	t	NNP
cord-305747-h17l3rt6	50	13	,	,	,
cord-305747-h17l3rt6	50	14	is	be	VBZ
cord-305747-h17l3rt6	50	15	a	a	DT
cord-305747-h17l3rt6	50	16	vector	vector	NN
cord-305747-h17l3rt6	50	17	of	of	IN
cord-305747-h17l3rt6	50	18	dominant	dominant	JJ
cord-305747-h17l3rt6	50	19	unit	unit	NN
cord-305747-h17l3rt6	50	20	model	model	NN
cord-305747-h17l3rt6	50	21	variables	variable	NNS
cord-305747-h17l3rt6	50	22	(	(	-LRB-
cord-305747-h17l3rt6	50	23	here	here	RB
cord-305747-h17l3rt6	50	24	:	:	:
cord-305747-h17l3rt6	50	25	oil	oil	NN
cord-305747-h17l3rt6	50	26	prices	price	NNS
cord-305747-h17l3rt6	50	27	)	)	-RRB-
cord-305747-h17l3rt6	50	28	.	.	.
cord-305747-h17l3rt6	51	1	Note	note	VB
cord-305747-h17l3rt6	51	2	that	that	IN
cord-305747-h17l3rt6	51	3	t	t	NN
cord-305747-h17l3rt6	51	4	is	be	VBZ
cord-305747-h17l3rt6	51	5	treated	treat	VBN
cord-305747-h17l3rt6	51	6	as	as	IN
cord-305747-h17l3rt6	51	7	a	a	DT
cord-305747-h17l3rt6	51	8	foreign	foreign	JJ
cord-305747-h17l3rt6	51	9	variable	variable	NN
cord-305747-h17l3rt6	51	10	in	in	IN
cord-305747-h17l3rt6	51	11	the	the	DT
cord-305747-h17l3rt6	51	12	GVAR	GVAR	NNP
cord-305747-h17l3rt6	51	13	model	model	NN
cord-305747-h17l3rt6	51	14	and	and	CC
cord-305747-h17l3rt6	51	15	shares	share	NNS
cord-305747-h17l3rt6	51	16	the	the	DT
cord-305747-h17l3rt6	51	17	same	same	JJ
cord-305747-h17l3rt6	51	18	lag	lag	NN
cord-305747-h17l3rt6	51	19	order	order	NN
cord-305747-h17l3rt6	51	20	as	as	IN
cord-305747-h17l3rt6	51	21	foreign	foreign	JJ
cord-305747-h17l3rt6	51	22	variables	variable	NNS
cord-305747-h17l3rt6	51	23	.	.	.
cord-305747-h17l3rt6	52	1	Foreign	foreign	JJ
cord-305747-h17l3rt6	52	2	variables	variable	NNS
cord-305747-h17l3rt6	52	3	are	be	VBP
cord-305747-h17l3rt6	52	4	calculated	calculate	VBN
cord-305747-h17l3rt6	52	5	as	as	IN
cord-305747-h17l3rt6	52	6	a	a	DT
cord-305747-h17l3rt6	52	7	weighted	weighted	JJ
cord-305747-h17l3rt6	52	8	average	average	NN
cord-305747-h17l3rt6	52	9	of	of	IN
cord-305747-h17l3rt6	52	10	domestic	domestic	JJ
cord-305747-h17l3rt6	52	11	variables	variable	NNS
cord-305747-h17l3rt6	52	12	:	:	:
cord-305747-h17l3rt6	52	13	and	and	CC
cord-305747-h17l3rt6	52	14	ij	ij	NNP
cord-305747-h17l3rt6	52	15	are	be	VBP
cord-305747-h17l3rt6	52	16	weights	weight	NNS
cord-305747-h17l3rt6	52	17	calculated	calculate	VBN
cord-305747-h17l3rt6	52	18	on	on	IN
cord-305747-h17l3rt6	52	19	the	the	DT
cord-305747-h17l3rt6	52	20	basis	basis	NN
cord-305747-h17l3rt6	52	21	of	of	IN
cord-305747-h17l3rt6	52	22	bilateral	bilateral	JJ
cord-305747-h17l3rt6	52	23	trade	trade	NN
cord-305747-h17l3rt6	52	24	flows	flow	NNS
cord-305747-h17l3rt6	52	25	(	(	-LRB-
cord-305747-h17l3rt6	52	26	∑	∑	NNP
cord-305747-h17l3rt6	52	27	N	N	NNP
cord-305747-h17l3rt6	52	28	j=0	j=0	NNP
cord-305747-h17l3rt6	52	29	ij	ij	NNP
cord-305747-h17l3rt6	52	30	=	=	SYM
cord-305747-h17l3rt6	52	31	1	1	CD
cord-305747-h17l3rt6	52	32	)	)	-RRB-
cord-305747-h17l3rt6	52	33	.	.	.
cord-305747-h17l3rt6	53	1	k	k	NNP
cord-305747-h17l3rt6	54	1	i	i	PRP
cord-305747-h17l3rt6	54	2	is	be	VBZ
cord-305747-h17l3rt6	54	3	the	the	DT
cord-305747-h17l3rt6	54	4	number	number	NN
cord-305747-h17l3rt6	54	5	of	of	IN
cord-305747-h17l3rt6	54	6	domestic	domestic	JJ
cord-305747-h17l3rt6	54	7	variables	variable	NNS
cord-305747-h17l3rt6	54	8	and	and	CC
cord-305747-h17l3rt6	54	9	k	k	NN
cord-305747-h17l3rt6	55	1	*	*	NFP
cord-305747-h17l3rt6	55	2	i	i	PRP
cord-305747-h17l3rt6	55	3	is	be	VBZ
cord-305747-h17l3rt6	55	4	the	the	DT
cord-305747-h17l3rt6	55	5	number	number	NN
cord-305747-h17l3rt6	55	6	of	of	IN
cord-305747-h17l3rt6	55	7	foreign	foreign	JJ
cord-305747-h17l3rt6	55	8	variables	variable	NNS
cord-305747-h17l3rt6	55	9	in	in	IN
cord-305747-h17l3rt6	55	10	ith	ith	NN
cord-305747-h17l3rt6	55	11	country	country	NN
cord-305747-h17l3rt6	55	12	(	(	-LRB-
cord-305747-h17l3rt6	56	1	here	here	RB
cord-305747-h17l3rt6	56	2	k	k	NNP
cord-305747-h17l3rt6	57	1	*	*	NFP
cord-305747-h17l3rt6	57	2	i	i	PRP
cord-305747-h17l3rt6	57	3	=	=	SYM
cord-305747-h17l3rt6	57	4	2	2	CD
cord-305747-h17l3rt6	57	5	)	)	-RRB-
cord-305747-h17l3rt6	57	6	.	.	.
cord-305747-h17l3rt6	58	1	Following	follow	VBG
cord-305747-h17l3rt6	58	2	other	other	JJ
cord-305747-h17l3rt6	58	3	studies	study	NNS
cord-305747-h17l3rt6	58	4	we	-PRON-	PRP
cord-305747-h17l3rt6	58	5	estimate	estimate	VBP
cord-305747-h17l3rt6	58	6	the	the	DT
cord-305747-h17l3rt6	58	7	error	error	NN
cord-305747-h17l3rt6	58	8	correction	correction	NN
cord-305747-h17l3rt6	58	9	form	form	NN
cord-305747-h17l3rt6	58	10	(	(	-LRB-
cord-305747-h17l3rt6	58	11	VECMX	VECMX	NNP
cord-305747-h17l3rt6	58	12	(	(	-LRB-
cord-305747-h17l3rt6	58	13	p	p	NN
cord-305747-h17l3rt6	58	14	i	i	PRP
cord-305747-h17l3rt6	58	15	,	,	,
cord-305747-h17l3rt6	58	16	q	q	NNP
cord-305747-h17l3rt6	58	17	i	i	NN
cord-305747-h17l3rt6	58	18	)	)	-RRB-
cord-305747-h17l3rt6	58	19	models	model	NNS
cord-305747-h17l3rt6	58	20	)	)	-RRB-
cord-305747-h17l3rt6	58	21	of	of	IN
cord-305747-h17l3rt6	58	22	the	the	DT
cord-305747-h17l3rt6	58	23	VARX	VARX	NNP
cord-305747-h17l3rt6	59	1	(	(	-LRB-
cord-305747-h17l3rt6	59	2	p	p	NN
cord-305747-h17l3rt6	59	3	i	i	PRP
cord-305747-h17l3rt6	59	4	,	,	,
cord-305747-h17l3rt6	59	5	q	q	NNP
cord-305747-h17l3rt6	59	6	i	i	NN
cord-305747-h17l3rt6	59	7	)	)	-RRB-
cord-305747-h17l3rt6	59	8	specification	specification	NN
cord-305747-h17l3rt6	59	9	for	for	IN
cord-305747-h17l3rt6	59	10	each	each	DT
cord-305747-h17l3rt6	59	11	country	country	NN
cord-305747-h17l3rt6	59	12	(	(	-LRB-
cord-305747-h17l3rt6	59	13	cf	cf	XX
cord-305747-h17l3rt6	59	14	.	.	.
cord-305747-h17l3rt6	60	1	Backé	Backé	NNP
cord-305747-h17l3rt6	60	2	,	,	,
cord-305747-h17l3rt6	60	3	Feldkircher	Feldkircher	NNP
cord-305747-h17l3rt6	60	4	,	,	,
cord-305747-h17l3rt6	60	5	&	&	CC
cord-305747-h17l3rt6	60	6	Slacík	Slacík	NNP
cord-305747-h17l3rt6	60	7	,	,	,
cord-305747-h17l3rt6	60	8	2013	2013	CD
cord-305747-h17l3rt6	60	9	;	;	:
cord-305747-h17l3rt6	60	10	Bussière	Bussière	NNP
cord-305747-h17l3rt6	60	11	,	,	,
cord-305747-h17l3rt6	60	12	Chudik	Chudik	NNP
cord-305747-h17l3rt6	60	13	,	,	,
cord-305747-h17l3rt6	60	14	&	&	CC
cord-305747-h17l3rt6	60	15	Sestieri	Sestieri	NNP
cord-305747-h17l3rt6	60	16	,	,	,
cord-305747-h17l3rt6	60	17	2012	2012	CD
cord-305747-h17l3rt6	60	18	;	;	:
cord-305747-h17l3rt6	60	19	Dees	Dees	NNP
cord-305747-h17l3rt6	60	20	,	,	,
cord-305747-h17l3rt6	60	21	Holly	Holly	NNP
cord-305747-h17l3rt6	60	22	,	,	,
cord-305747-h17l3rt6	60	23	Pesaran	Pesaran	NNP
cord-305747-h17l3rt6	60	24	,	,	,
cord-305747-h17l3rt6	60	25	&	&	CC
cord-305747-h17l3rt6	60	26	Smith	Smith	NNP
cord-305747-h17l3rt6	60	27	,	,	,
cord-305747-h17l3rt6	60	28	2007	2007	CD
cord-305747-h17l3rt6	60	29	;	;	:
cord-305747-h17l3rt6	60	30	Inoue	Inoue	NNP
cord-305747-h17l3rt6	60	31	et	et	NNP
cord-305747-h17l3rt6	60	32	al	al	NNP
cord-305747-h17l3rt6	60	33	.	.	NNP
cord-305747-h17l3rt6	60	34	,	,	,
cord-305747-h17l3rt6	60	35	2015	2015	CD
cord-305747-h17l3rt6	60	36	;	;	.
cord-305747-h17l3rt6	61	1	Pesaran	Pesaran	NNP
cord-305747-h17l3rt6	61	2	et	et	NNP
cord-305747-h17l3rt6	61	3	al	al	NNP
cord-305747-h17l3rt6	61	4	.	.	NNP
cord-305747-h17l3rt6	61	5	,	,	,
cord-305747-h17l3rt6	61	6	2004	2004	CD
cord-305747-h17l3rt6	61	7	)	)	-RRB-
cord-305747-h17l3rt6	62	1	:	:	:
cord-305747-h17l3rt6	62	2	ECT	ECT	NNS
cord-305747-h17l3rt6	62	3	are	be	VBP
cord-305747-h17l3rt6	62	4	error	error	NN
cord-305747-h17l3rt6	62	5	correction	correction	NN
cord-305747-h17l3rt6	62	6	terms	term	NNS
cord-305747-h17l3rt6	62	7	and	and	CC
cord-305747-h17l3rt6	62	8	r	r	NN
cord-305747-h17l3rt6	63	1	i	i	PRP
cord-305747-h17l3rt6	63	2	is	be	VBZ
cord-305747-h17l3rt6	63	3	the	the	DT
cord-305747-h17l3rt6	63	4	number	number	NN
cord-305747-h17l3rt6	63	5	of	of	IN
cord-305747-h17l3rt6	63	6	cointegrating	cointegrate	VBG
cord-305747-h17l3rt6	63	7	relations	relation	NNS
cord-305747-h17l3rt6	63	8	.	.	.
cord-305747-h17l3rt6	64	1	Most	Most	JJS
cord-305747-h17l3rt6	64	2	of	of	IN
cord-305747-h17l3rt6	64	3	the	the	DT
cord-305747-h17l3rt6	64	4	variables	variable	NNS
cord-305747-h17l3rt6	64	5	are	be	VBP
cord-305747-h17l3rt6	64	6	nonstationary	nonstationary	JJ
cord-305747-h17l3rt6	64	7	with	with	IN
cord-305747-h17l3rt6	64	8	stationary	stationary	JJ
cord-305747-h17l3rt6	64	9	first	first	JJ
cord-305747-h17l3rt6	64	10	differences	difference	NNS
cord-305747-h17l3rt6	64	11	.	.	.
cord-305747-h17l3rt6	65	1	The	the	DT
cord-305747-h17l3rt6	65	2	usage	usage	NN
cord-305747-h17l3rt6	65	3	of	of	IN
cord-305747-h17l3rt6	65	4	VECM	VECM	NNP
cord-305747-h17l3rt6	65	5	models	model	NNS
cord-305747-h17l3rt6	65	6	allows	allow	VBZ
cord-305747-h17l3rt6	65	7	as	as	IN
cord-305747-h17l3rt6	65	8	to	to	TO
cord-305747-h17l3rt6	65	9	capture	capture	VB
cord-305747-h17l3rt6	65	10	long	long	RB
cord-305747-h17l3rt6	65	11	-	-	HYPH
cord-305747-h17l3rt6	65	12	run	run	NN
cord-305747-h17l3rt6	65	13	relationships	relationship	NNS
cord-305747-h17l3rt6	65	14	that	that	WDT
cord-305747-h17l3rt6	65	15	exists	exist	VBZ
cord-305747-h17l3rt6	65	16	among	among	IN
cord-305747-h17l3rt6	65	17	the	the	DT
cord-305747-h17l3rt6	65	18	domestic	domestic	JJ
cord-305747-h17l3rt6	65	19	and	and	CC
cord-305747-h17l3rt6	65	20	the	the	DT
cord-305747-h17l3rt6	65	21	country	country	NN
cord-305747-h17l3rt6	65	22	-	-	HYPH
cord-305747-h17l3rt6	65	23	specific	specific	JJ
cord-305747-h17l3rt6	65	24	foreign	foreign	JJ
cord-305747-h17l3rt6	65	25	variables	variable	NNS
cord-305747-h17l3rt6	65	26	.	.	.
cord-305747-h17l3rt6	66	1	The	the	DT
cord-305747-h17l3rt6	66	2	dominant	dominant	JJ
cord-305747-h17l3rt6	66	3	unit	unit	NN
cord-305747-h17l3rt6	66	4	is	be	VBZ
cord-305747-h17l3rt6	66	5	modeled	model	VBN
cord-305747-h17l3rt6	66	6	as	as	IN
cord-305747-h17l3rt6	66	7	:	:	:
cord-305747-h17l3rt6	66	8	where	where	WRB
cord-305747-h17l3rt6	66	9	x	x	NN
cord-305747-h17l3rt6	66	10	t	t	NNP
cord-305747-h17l3rt6	66	11	are	be	VBP
cord-305747-h17l3rt6	66	12	feedback	feedback	NN
cord-305747-h17l3rt6	66	13	variables	variable	NNS
cord-305747-h17l3rt6	66	14	,	,	,
cord-305747-h17l3rt6	66	15	constructed	construct	VBN
cord-305747-h17l3rt6	66	16	as	as	IN
cord-305747-h17l3rt6	66	17	a	a	DT
cord-305747-h17l3rt6	66	18	weighted	weighted	JJ
cord-305747-h17l3rt6	66	19	average	average	NN
cord-305747-h17l3rt6	66	20	of	of	IN
cord-305747-h17l3rt6	66	21	variables	variable	NNS
cord-305747-h17l3rt6	66	22	included	include	VBN
cord-305747-h17l3rt6	66	23	in	in	IN
cord-305747-h17l3rt6	66	24	the	the	DT
cord-305747-h17l3rt6	66	25	models	model	NNS
cord-305747-h17l3rt6	66	26	for	for	IN
cord-305747-h17l3rt6	66	27	non	non	JJ
cord-305747-h17l3rt6	66	28	-	-	JJ
cord-305747-h17l3rt6	66	29	dominant	dominant	JJ
cord-305747-h17l3rt6	66	30	units	unit	NNS
cord-305747-h17l3rt6	66	31	(	(	-LRB-
cord-305747-h17l3rt6	66	32	see	see	VB
cord-305747-h17l3rt6	66	33	Smith	Smith	NNP
cord-305747-h17l3rt6	66	34	and	and	CC
cord-305747-h17l3rt6	66	35	Galesi	Galesi	NNP
cord-305747-h17l3rt6	66	36	(	(	-LRB-
cord-305747-h17l3rt6	66	37	2014	2014	CD
cord-305747-h17l3rt6	66	38	)	)	-RRB-
cord-305747-h17l3rt6	66	39	for	for	IN
cord-305747-h17l3rt6	66	40	details	detail	NNS
cord-305747-h17l3rt6	66	41	)	)	-RRB-
cord-305747-h17l3rt6	66	42	.	.	.
cord-305747-h17l3rt6	67	1	In	in	IN
cord-305747-h17l3rt6	67	2	the	the	DT
cord-305747-h17l3rt6	67	3	second	second	JJ
cord-305747-h17l3rt6	67	4	step	step	NN
cord-305747-h17l3rt6	67	5	,	,	,
cord-305747-h17l3rt6	67	6	the	the	DT
cord-305747-h17l3rt6	67	7	corresponding	correspond	VBG
cord-305747-h17l3rt6	67	8	VARX	VARX	NNP
cord-305747-h17l3rt6	67	9	models	model	NNS
cord-305747-h17l3rt6	67	10	(	(	-LRB-
cord-305747-h17l3rt6	67	11	Equation	equation	NN
cord-305747-h17l3rt6	67	12	1	1	CD
cord-305747-h17l3rt6	67	13	)	)	-RRB-
cord-305747-h17l3rt6	67	14	are	be	VBP
cord-305747-h17l3rt6	67	15	recovered	recover	VBN
cord-305747-h17l3rt6	67	16	from	from	IN
cord-305747-h17l3rt6	67	17	the	the	DT
cord-305747-h17l3rt6	67	18	estimated	estimate	VBN
cord-305747-h17l3rt6	67	19	VECMX	VECMX	NNP
cord-305747-h17l3rt6	67	20	models	model	NNS
cord-305747-h17l3rt6	67	21	.	.	.
cord-305747-h17l3rt6	68	1	Then	then	RB
cord-305747-h17l3rt6	68	2	the	the	DT
cord-305747-h17l3rt6	68	3	individual	individual	JJ
cord-305747-h17l3rt6	68	4	country	country	NN
cord-305747-h17l3rt6	68	5	models	model	NNS
cord-305747-h17l3rt6	68	6	are	be	VBP
cord-305747-h17l3rt6	68	7	stacked	stack	VBN
cord-305747-h17l3rt6	68	8	into	into	IN
cord-305747-h17l3rt6	68	9	one	one	CD
cord-305747-h17l3rt6	68	10	model	model	NN
cord-305747-h17l3rt6	68	11	:	:	:
cord-305747-h17l3rt6	68	12	(	(	-LRB-
cord-305747-h17l3rt6	68	13	1	1	LS
cord-305747-h17l3rt6	68	14	)	)	-RRB-
cord-305747-h17l3rt6	68	15	(	(	-LRB-
cord-305747-h17l3rt6	68	16	2	2	LS
cord-305747-h17l3rt6	68	17	)	)	-RRB-
cord-305747-h17l3rt6	68	18	link	link	NN
cord-305747-h17l3rt6	68	19	matrix	matrix	NN
cord-305747-h17l3rt6	68	20	for	for	IN
cord-305747-h17l3rt6	68	21	ith	ith	JJ
cord-305747-h17l3rt6	68	22	country	country	NN
cord-305747-h17l3rt6	68	23	defined	define	VBN
cord-305747-h17l3rt6	68	24	by	by	IN
cord-305747-h17l3rt6	68	25	trade	trade	NN
cord-305747-h17l3rt6	68	26	weights	weight	NNS
cord-305747-h17l3rt6	69	1	ij	ij	NNP
cord-305747-h17l3rt6	69	2	,	,	,
cord-305747-h17l3rt6	69	3	so	so	IN
cord-305747-h17l3rt6	69	4	that	that	DT
cord-305747-h17l3rt6	69	5	:	:	:
cord-305747-h17l3rt6	69	6	When	when	WRB
cord-305747-h17l3rt6	69	7	solving	solve	VBG
cord-305747-h17l3rt6	69	8	the	the	DT
cord-305747-h17l3rt6	69	9	GVAR	GVAR	NNP
cord-305747-h17l3rt6	69	10	model	model	NN
cord-305747-h17l3rt6	69	11	Equations	equation	NNS
cord-305747-h17l3rt6	69	12	(	(	-LRB-
cord-305747-h17l3rt6	69	13	1	1	CD
cord-305747-h17l3rt6	69	14	)	)	-RRB-
cord-305747-h17l3rt6	69	15	and	and	CC
cord-305747-h17l3rt6	69	16	(	(	-LRB-
cord-305747-h17l3rt6	69	17	2	2	LS
cord-305747-h17l3rt6	69	18	)	)	-RRB-
cord-305747-h17l3rt6	69	19	are	be	VBP
cord-305747-h17l3rt6	69	20	written	write	VBN
cord-305747-h17l3rt6	69	21	in	in	IN
cord-305747-h17l3rt6	69	22	one	one	CD
cord-305747-h17l3rt6	69	23	equation	equation	NN
cord-305747-h17l3rt6	69	24	,	,	,
cord-305747-h17l3rt6	69	25	which	which	WDT
cord-305747-h17l3rt6	69	26	is	be	VBZ
cord-305747-h17l3rt6	69	27	solved	solve	VBN
cord-305747-h17l3rt6	69	28	recursively	recursively	RB
cord-305747-h17l3rt6	69	29	.	.	.
cord-305747-h17l3rt6	70	1	Next	next	RB
cord-305747-h17l3rt6	70	2	we	-PRON-	PRP
cord-305747-h17l3rt6	70	3	calculate	calculate	VBP
cord-305747-h17l3rt6	70	4	the	the	DT
cord-305747-h17l3rt6	70	5	generalised	generalised	JJ
cord-305747-h17l3rt6	70	6	impulse	impulse	NN
cord-305747-h17l3rt6	70	7	response	response	NN
cord-305747-h17l3rt6	70	8	functions	function	NNS
cord-305747-h17l3rt6	70	9	(	(	-LRB-
cord-305747-h17l3rt6	70	10	GIRFs	GIRFs	NNP
cord-305747-h17l3rt6	70	11	)	)	-RRB-
cord-305747-h17l3rt6	70	12	,	,	,
cord-305747-h17l3rt6	70	13	that	that	WDT
cord-305747-h17l3rt6	70	14	were	be	VBD
cord-305747-h17l3rt6	70	15	developed	develop	VBN
cord-305747-h17l3rt6	70	16	in	in	IN
cord-305747-h17l3rt6	70	17	Koop	Koop	NNP
cord-305747-h17l3rt6	70	18	,	,	,
cord-305747-h17l3rt6	70	19	Pesaran	Pesaran	NNP
cord-305747-h17l3rt6	70	20	,	,	,
cord-305747-h17l3rt6	70	21	and	and	CC
cord-305747-h17l3rt6	70	22	Potter	Potter	NNP
cord-305747-h17l3rt6	70	23	(	(	-LRB-
cord-305747-h17l3rt6	70	24	1996	1996	CD
cord-305747-h17l3rt6	70	25	)	)	-RRB-
cord-305747-h17l3rt6	70	26	and	and	CC
cord-305747-h17l3rt6	70	27	Pesaran	Pesaran	NNP
cord-305747-h17l3rt6	70	28	and	and	CC
cord-305747-h17l3rt6	70	29	Shin	Shin	NNP
cord-305747-h17l3rt6	70	30	(	(	-LRB-
cord-305747-h17l3rt6	70	31	1998	1998	CD
cord-305747-h17l3rt6	70	32	)	)	-RRB-
cord-305747-h17l3rt6	70	33	,	,	,
cord-305747-h17l3rt6	70	34	and	and	CC
cord-305747-h17l3rt6	70	35	we	-PRON-	PRP
cord-305747-h17l3rt6	70	36	calculate	calculate	VBP
cord-305747-h17l3rt6	70	37	90	90	CD
cord-305747-h17l3rt6	70	38	%	%	NN
cord-305747-h17l3rt6	70	39	bootstrap	bootstrap	NN
cord-305747-h17l3rt6	70	40	confidence	confidence	NN
cord-305747-h17l3rt6	70	41	bands	band	NNS
cord-305747-h17l3rt6	70	42	.	.	.
cord-305747-h17l3rt6	71	1	Because	because	IN
cord-305747-h17l3rt6	71	2	of	of	IN
cord-305747-h17l3rt6	71	3	the	the	DT
cord-305747-h17l3rt6	71	4	large	large	JJ
cord-305747-h17l3rt6	71	5	number	number	NN
cord-305747-h17l3rt6	71	6	of	of	IN
cord-305747-h17l3rt6	71	7	variables	variable	NNS
cord-305747-h17l3rt6	71	8	in	in	IN
cord-305747-h17l3rt6	71	9	the	the	DT
cord-305747-h17l3rt6	71	10	GVAR	GVAR	NNP
cord-305747-h17l3rt6	71	11	model	model	NN
cord-305747-h17l3rt6	71	12	we	-PRON-	PRP
cord-305747-h17l3rt6	71	13	can	can	MD
cord-305747-h17l3rt6	71	14	not	not	RB
cord-305747-h17l3rt6	71	15	use	use	VB
cord-305747-h17l3rt6	71	16	the	the	DT
cord-305747-h17l3rt6	71	17	standard	standard	JJ
cord-305747-h17l3rt6	71	18	impulse	impulse	NN
cord-305747-h17l3rt6	71	19	response	response	NN
cord-305747-h17l3rt6	71	20	functions	function	NNS
cord-305747-h17l3rt6	71	21	(	(	-LRB-
cord-305747-h17l3rt6	71	22	IRFs	IRFs	NNP
cord-305747-h17l3rt6	71	23	)	)	-RRB-
cord-305747-h17l3rt6	71	24	that	that	WDT
cord-305747-h17l3rt6	71	25	assume	assume	VBP
cord-305747-h17l3rt6	71	26	orthogonal	orthogonal	JJ
cord-305747-h17l3rt6	71	27	shocks	shock	NNS
cord-305747-h17l3rt6	71	28	.	.	.
cord-305747-h17l3rt6	72	1	GIRFs	girf	NNS
cord-305747-h17l3rt6	72	2	do	do	VBP
cord-305747-h17l3rt6	72	3	not	not	RB
cord-305747-h17l3rt6	72	4	depend	depend	VB
cord-305747-h17l3rt6	72	5	on	on	IN
cord-305747-h17l3rt6	72	6	the	the	DT
cord-305747-h17l3rt6	72	7	ordering	ordering	NN
cord-305747-h17l3rt6	72	8	of	of	IN
cord-305747-h17l3rt6	72	9	the	the	DT
cord-305747-h17l3rt6	72	10	variables	variable	NNS
cord-305747-h17l3rt6	72	11	.	.	.
cord-305747-h17l3rt6	73	1	GIRFs	girf	NNS
cord-305747-h17l3rt6	73	2	show	show	VBP
cord-305747-h17l3rt6	73	3	how	how	WRB
cord-305747-h17l3rt6	73	4	changes	change	NNS
cord-305747-h17l3rt6	73	5	in	in	IN
cord-305747-h17l3rt6	73	6	Chinese	chinese	JJ
cord-305747-h17l3rt6	73	7	GDP	gdp	NN
cord-305747-h17l3rt6	73	8	affect	affect	VBP
cord-305747-h17l3rt6	73	9	the	the	DT
cord-305747-h17l3rt6	73	10	other	other	JJ
cord-305747-h17l3rt6	73	11	variables	variable	NNS
cord-305747-h17l3rt6	73	12	in	in	IN
cord-305747-h17l3rt6	73	13	the	the	DT
cord-305747-h17l3rt6	73	14	GVAR	GVAR	NNP
cord-305747-h17l3rt6	73	15	over	over	IN
cord-305747-h17l3rt6	73	16	time	time	NN
cord-305747-h17l3rt6	73	17	regardless	regardless	RB
cord-305747-h17l3rt6	73	18	of	of	IN
cord-305747-h17l3rt6	73	19	the	the	DT
cord-305747-h17l3rt6	73	20	source	source	NN
cord-305747-h17l3rt6	73	21	of	of	IN
cord-305747-h17l3rt6	73	22	the	the	DT
cord-305747-h17l3rt6	73	23	change	change	NN
cord-305747-h17l3rt6	73	24	.	.	.
cord-305747-h17l3rt6	74	1	We	-PRON-	PRP
cord-305747-h17l3rt6	74	2	do	do	VBP
cord-305747-h17l3rt6	74	3	not	not	RB
cord-305747-h17l3rt6	74	4	know	know	VB
cord-305747-h17l3rt6	74	5	whether	whether	IN
cord-305747-h17l3rt6	74	6	such	such	PDT
cord-305747-h17l3rt6	74	7	a	a	DT
cord-305747-h17l3rt6	74	8	shock	shock	NN
cord-305747-h17l3rt6	74	9	stems	stem	VBZ
cord-305747-h17l3rt6	74	10	from	from	IN
cord-305747-h17l3rt6	74	11	a	a	DT
cord-305747-h17l3rt6	74	12	shift	shift	NN
cord-305747-h17l3rt6	74	13	in	in	IN
cord-305747-h17l3rt6	74	14	the	the	DT
cord-305747-h17l3rt6	74	15	demand	demand	NN
cord-305747-h17l3rt6	74	16	or	or	CC
cord-305747-h17l3rt6	74	17	supply	supply	NN
cord-305747-h17l3rt6	74	18	of	of	IN
cord-305747-h17l3rt6	74	19	output	output	NN
cord-305747-h17l3rt6	74	20	in	in	IN
cord-305747-h17l3rt6	74	21	China	China	NNP
cord-305747-h17l3rt6	74	22	or	or	CC
cord-305747-h17l3rt6	74	23	in	in	IN
cord-305747-h17l3rt6	74	24	other	other	JJ
cord-305747-h17l3rt6	74	25	countries	country	NNS
cord-305747-h17l3rt6	74	26	.	.	.
cord-305747-h17l3rt6	75	1	The	the	DT
cord-305747-h17l3rt6	75	2	baseline	baseline	JJ
cord-305747-h17l3rt6	75	3	GVAR	GVAR	NNP
cord-305747-h17l3rt6	75	4	model	model	NN
cord-305747-h17l3rt6	75	5	includes	include	VBZ
cord-305747-h17l3rt6	75	6	five	five	CD
cord-305747-h17l3rt6	75	7	variables	variable	NNS
cord-305747-h17l3rt6	75	8	for	for	IN
cord-305747-h17l3rt6	75	9	each	each	DT
cord-305747-h17l3rt6	75	10	country	country	NN
cord-305747-h17l3rt6	75	11	:	:	:
cord-305747-h17l3rt6	75	12	these	these	DT
cord-305747-h17l3rt6	75	13	are	be	VBP
cord-305747-h17l3rt6	75	14	real	real	JJ
cord-305747-h17l3rt6	75	15	GDP	GDP	NNP
cord-305747-h17l3rt6	75	16	,	,	,
cord-305747-h17l3rt6	75	17	CPI	CPI	NNP
cord-305747-h17l3rt6	75	18	,	,	,
cord-305747-h17l3rt6	75	19	stock	stock	NN
cord-305747-h17l3rt6	75	20	price	price	NN
cord-305747-h17l3rt6	75	21	index	index	NN
cord-305747-h17l3rt6	75	22	,	,	,
cord-305747-h17l3rt6	75	23	REER	REER	NNP
cord-305747-h17l3rt6	75	24	,	,	,
cord-305747-h17l3rt6	75	25	and	and	CC
cord-305747-h17l3rt6	75	26	short	short	JJ
cord-305747-h17l3rt6	75	27	-	-	HYPH
cord-305747-h17l3rt6	75	28	term	term	NN
cord-305747-h17l3rt6	75	29	interest	interest	NN
cord-305747-h17l3rt6	75	30	rate	rate	NN
cord-305747-h17l3rt6	75	31	.	.	.
cord-305747-h17l3rt6	76	1	Furthermore	furthermore	RB
cord-305747-h17l3rt6	76	2	,	,	,
cord-305747-h17l3rt6	76	3	it	-PRON-	PRP
cord-305747-h17l3rt6	76	4	includes	include	VBZ
cord-305747-h17l3rt6	76	5	oil	oil	NN
cord-305747-h17l3rt6	76	6	prices	price	NNS
cord-305747-h17l3rt6	76	7	as	as	IN
cord-305747-h17l3rt6	76	8	a	a	DT
cord-305747-h17l3rt6	76	9	global	global	JJ
cord-305747-h17l3rt6	76	10	variable	variable	NN
cord-305747-h17l3rt6	76	11	and	and	CC
cord-305747-h17l3rt6	76	12	real	real	JJ
cord-305747-h17l3rt6	76	13	GDP	gdp	NN
cord-305747-h17l3rt6	76	14	and	and	CC
cord-305747-h17l3rt6	76	15	short	short	JJ
cord-305747-h17l3rt6	76	16	-	-	HYPH
cord-305747-h17l3rt6	76	17	term	term	NN
cord-305747-h17l3rt6	76	18	interest	interest	NN
cord-305747-h17l3rt6	76	19	rate	rate	NN
cord-305747-h17l3rt6	76	20	as	as	IN
cord-305747-h17l3rt6	76	21	a	a	DT
cord-305747-h17l3rt6	76	22	foreign	foreign	JJ
cord-305747-h17l3rt6	76	23	variable	variable	NN
cord-305747-h17l3rt6	76	24	(	(	-LRB-
cord-305747-h17l3rt6	76	25	see	see	VB
cord-305747-h17l3rt6	76	26	Equation	equation	NN
cord-305747-h17l3rt6	76	27	1	1	CD
cord-305747-h17l3rt6	76	28	)	)	-RRB-
cord-305747-h17l3rt6	76	29	.	.	.
cord-305747-h17l3rt6	77	1	The	the	DT
cord-305747-h17l3rt6	77	2	model	model	NN
cord-305747-h17l3rt6	77	3	uses	use	VBZ
cord-305747-h17l3rt6	77	4	a	a	DT
cord-305747-h17l3rt6	77	5	time	time	NN
cord-305747-h17l3rt6	77	6	-	-	HYPH
cord-305747-h17l3rt6	77	7	varying	vary	VBG
cord-305747-h17l3rt6	77	8	matrix	matrix	NN
cord-305747-h17l3rt6	77	9	of	of	IN
cord-305747-h17l3rt6	77	10	trade	trade	NN
cord-305747-h17l3rt6	77	11	flow	flow	NN
cord-305747-h17l3rt6	77	12	(	(	-LRB-
cord-305747-h17l3rt6	77	13	IMF	IMF	NNP
cord-305747-h17l3rt6	77	14	DOTS	DOTS	NNPS
cord-305747-h17l3rt6	77	15	)	)	-RRB-
cord-305747-h17l3rt6	77	16	.	.	.
cord-305747-h17l3rt6	78	1	Also	also	RB
cord-305747-h17l3rt6	78	2	,	,	,
cord-305747-h17l3rt6	78	3	we	-PRON-	PRP
cord-305747-h17l3rt6	78	4	include	include	VBP
cord-305747-h17l3rt6	78	5	a	a	DT
cord-305747-h17l3rt6	78	6	dominant	dominant	JJ
cord-305747-h17l3rt6	78	7	unit	unit	NN
cord-305747-h17l3rt6	78	8	to	to	TO
cord-305747-h17l3rt6	78	9	model	model	VB
cord-305747-h17l3rt6	78	10	oil	oil	NN
cord-305747-h17l3rt6	78	11	prices	price	NNS
cord-305747-h17l3rt6	78	12	with	with	IN
cord-305747-h17l3rt6	78	13	two	two	CD
cord-305747-h17l3rt6	78	14	feedback	feedback	NN
cord-305747-h17l3rt6	78	15	variables	variable	NNS
cord-305747-h17l3rt6	78	16	(	(	-LRB-
cord-305747-h17l3rt6	78	17	real	real	JJ
cord-305747-h17l3rt6	78	18	GDP	gdp	NN
cord-305747-h17l3rt6	78	19	and	and	CC
cord-305747-h17l3rt6	78	20	short	short	JJ
cord-305747-h17l3rt6	78	21	-	-	HYPH
cord-305747-h17l3rt6	78	22	term	term	NN
cord-305747-h17l3rt6	78	23	interest	interest	NN
cord-305747-h17l3rt6	78	24	rate	rate	NN
cord-305747-h17l3rt6	78	25	)	)	-RRB-
cord-305747-h17l3rt6	78	26	.	.	.
cord-305747-h17l3rt6	79	1	We	-PRON-	PRP
cord-305747-h17l3rt6	79	2	obtained	obtain	VBD
cord-305747-h17l3rt6	79	3	a	a	DT
cord-305747-h17l3rt6	79	4	stable	stable	JJ
cord-305747-h17l3rt6	79	5	GVAR	GVAR	NNP
cord-305747-h17l3rt6	79	6	model	model	NN
cord-305747-h17l3rt6	79	7	,	,	,
cord-305747-h17l3rt6	79	8	meaning	mean	VBG
cord-305747-h17l3rt6	79	9	convergent	convergent	JJ
cord-305747-h17l3rt6	79	10	persistent	persistent	JJ
cord-305747-h17l3rt6	79	11	profiles	profile	NNS
cord-305747-h17l3rt6	79	12	,	,	,
cord-305747-h17l3rt6	79	13	8	8	CD
cord-305747-h17l3rt6	79	14	eigenvalues	eigenvalue	NNS
cord-305747-h17l3rt6	79	15	lying	lie	VBG
cord-305747-h17l3rt6	79	16	in	in	IN
cord-305747-h17l3rt6	79	17	the	the	DT
cord-305747-h17l3rt6	79	18	unit	unit	NN
cord-305747-h17l3rt6	79	19	circle	circle	NN
cord-305747-h17l3rt6	79	20	,	,	,
cord-305747-h17l3rt6	79	21	and	and	CC
cord-305747-h17l3rt6	79	22	non	non	JJ
cord-305747-h17l3rt6	79	23	-	-	JJ
cord-305747-h17l3rt6	79	24	explosive	explosive	JJ
cord-305747-h17l3rt6	79	25	GIRFs	girf	NNS
cord-305747-h17l3rt6	79	26	.	.	.
cord-305747-h17l3rt6	80	1	To	to	TO
cord-305747-h17l3rt6	80	2	arrive	arrive	VB
cord-305747-h17l3rt6	80	3	with	with	IN
cord-305747-h17l3rt6	80	4	a	a	DT
cord-305747-h17l3rt6	80	5	stable	stable	JJ
cord-305747-h17l3rt6	80	6	GVAR	GVAR	NNP
cord-305747-h17l3rt6	80	7	we	-PRON-	PRP
cord-305747-h17l3rt6	80	8	reduced	reduce	VBD
cord-305747-h17l3rt6	80	9	the	the	DT
cord-305747-h17l3rt6	80	10	number	number	NN
cord-305747-h17l3rt6	80	11	of	of	IN
cord-305747-h17l3rt6	80	12	cointegrating	cointegrate	VBG
cord-305747-h17l3rt6	80	13	relations	relation	NNS
cord-305747-h17l3rt6	80	14	for	for	IN
cord-305747-h17l3rt6	80	15	Argentina	Argentina	NNP
cord-305747-h17l3rt6	80	16	from	from	IN
cord-305747-h17l3rt6	80	17	5	5	CD
cord-305747-h17l3rt6	80	18	to	to	IN
cord-305747-h17l3rt6	80	19	1	1	CD
cord-305747-h17l3rt6	80	20	relation	relation	NN
cord-305747-h17l3rt6	80	21	.	.	.
cord-305747-h17l3rt6	81	1	Also	also	RB
cord-305747-h17l3rt6	81	2	we	-PRON-	PRP
cord-305747-h17l3rt6	81	3	decided	decide	VBD
cord-305747-h17l3rt6	81	4	to	to	TO
cord-305747-h17l3rt6	81	5	remove	remove	VB
cord-305747-h17l3rt6	81	6	from	from	IN
cord-305747-h17l3rt6	81	7	the	the	DT
cord-305747-h17l3rt6	81	8	sample	sample	NN
cord-305747-h17l3rt6	81	9	three	three	CD
cord-305747-h17l3rt6	81	10	economies	economy	NNS
cord-305747-h17l3rt6	81	11	that	that	WDT
cord-305747-h17l3rt6	81	12	faced	face	VBD
cord-305747-h17l3rt6	81	13	episodes	episode	NNS
cord-305747-h17l3rt6	81	14	of	of	IN
cord-305747-h17l3rt6	81	15	very	very	RB
cord-305747-h17l3rt6	81	16	high	high	JJ
cord-305747-h17l3rt6	81	17	inflation	inflation	NN
cord-305747-h17l3rt6	81	18	,	,	,
cord-305747-h17l3rt6	81	19	namely	namely	RB
cord-305747-h17l3rt6	81	20	Venezuela	Venezuela	NNP
cord-305747-h17l3rt6	81	21	,	,	,
cord-305747-h17l3rt6	81	22	Turkey	Turkey	NNP
cord-305747-h17l3rt6	81	23	,	,	,
cord-305747-h17l3rt6	81	24	and	and	CC
cord-305747-h17l3rt6	81	25	Bulgaria	Bulgaria	NNP
cord-305747-h17l3rt6	81	26	.	.	.
cord-305747-h17l3rt6	82	1	When	when	WRB
cord-305747-h17l3rt6	82	2	we	-PRON-	PRP
cord-305747-h17l3rt6	82	3	included	include	VBD
cord-305747-h17l3rt6	82	4	the	the	DT
cord-305747-h17l3rt6	82	5	three	three	CD
cord-305747-h17l3rt6	82	6	economies	economy	NNS
cord-305747-h17l3rt6	82	7	in	in	IN
cord-305747-h17l3rt6	82	8	the	the	DT
cord-305747-h17l3rt6	82	9	sample	sample	NN
cord-305747-h17l3rt6	82	10	,	,	,
cord-305747-h17l3rt6	82	11	many	many	JJ
cord-305747-h17l3rt6	82	12	results	result	NNS
cord-305747-h17l3rt6	82	13	were	be	VBD
cord-305747-h17l3rt6	82	14	statistically	statistically	RB
cord-305747-h17l3rt6	82	15	insignificant	insignificant	JJ
cord-305747-h17l3rt6	82	16	.	.	.
cord-305747-h17l3rt6	83	1	The	the	DT
cord-305747-h17l3rt6	83	2	order	order	NN
cord-305747-h17l3rt6	83	3	of	of	IN
cord-305747-h17l3rt6	83	4	the	the	DT
cord-305747-h17l3rt6	83	5	VARX	VARX	NNP
cord-305747-h17l3rt6	83	6	*	*	NFP
cord-305747-h17l3rt6	83	7	models	model	NNS
cord-305747-h17l3rt6	83	8	as	as	RB
cord-305747-h17l3rt6	83	9	well	well	RB
cord-305747-h17l3rt6	83	10	as	as	IN
cord-305747-h17l3rt6	83	11	the	the	DT
cord-305747-h17l3rt6	83	12	number	number	NN
cord-305747-h17l3rt6	83	13	of	of	IN
cord-305747-h17l3rt6	83	14	cointegration	cointegration	NN
cord-305747-h17l3rt6	83	15	relationships	relationship	NNS
cord-305747-h17l3rt6	83	16	are	be	VBP
cord-305747-h17l3rt6	83	17	presented	present	VBN
cord-305747-h17l3rt6	83	18	in	in	IN
cord-305747-h17l3rt6	83	19	Table	Table	NNP
cord-305747-h17l3rt6	83	20	A1	A1	NNP
cord-305747-h17l3rt6	83	21	in	in	IN
cord-305747-h17l3rt6	83	22	the	the	DT
cord-305747-h17l3rt6	83	23	Appendix	Appendix	NNP
cord-305747-h17l3rt6	83	24	.	.	.
cord-305747-h17l3rt6	84	1	The	the	DT
cord-305747-h17l3rt6	84	2	cointegration	cointegration	NN
cord-305747-h17l3rt6	84	3	results	result	NNS
cord-305747-h17l3rt6	84	4	are	be	VBP
cord-305747-h17l3rt6	84	5	based	base	VBN
cord-305747-h17l3rt6	84	6	on	on	IN
cord-305747-h17l3rt6	84	7	the	the	DT
cord-305747-h17l3rt6	84	8	trace	trace	NN
cord-305747-h17l3rt6	84	9	statistic	statistic	NN
cord-305747-h17l3rt6	84	10	,	,	,
cord-305747-h17l3rt6	84	11	which	which	WDT
cord-305747-h17l3rt6	84	12	has	have	VBZ
cord-305747-h17l3rt6	84	13	better	well	JJR
cord-305747-h17l3rt6	84	14	small	small	JJ
cord-305747-h17l3rt6	84	15	sample	sample	NN
cord-305747-h17l3rt6	84	16	power	power	NN
cord-305747-h17l3rt6	84	17	results	result	NNS
cord-305747-h17l3rt6	84	18	compared	compare	VBN
cord-305747-h17l3rt6	84	19	to	to	IN
cord-305747-h17l3rt6	84	20	the	the	DT
cord-305747-h17l3rt6	84	21	maximum	maximum	JJ
cord-305747-h17l3rt6	84	22	eigenvalue	eigenvalue	NN
cord-305747-h17l3rt6	84	23	statistic	statistic	NN
cord-305747-h17l3rt6	84	24	.	.	.
cord-305747-h17l3rt6	85	1	We	-PRON-	PRP
cord-305747-h17l3rt6	85	2	apply	apply	VBP
cord-305747-h17l3rt6	85	3	the	the	DT
cord-305747-h17l3rt6	85	4	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	85	5	VAR	var	NN
cord-305747-h17l3rt6	85	6	models	model	NNS
cord-305747-h17l3rt6	85	7	to	to	TO
cord-305747-h17l3rt6	85	8	check	check	VB
cord-305747-h17l3rt6	85	9	the	the	DT
cord-305747-h17l3rt6	85	10	robustness	robustness	NN
cord-305747-h17l3rt6	85	11	of	of	IN
cord-305747-h17l3rt6	85	12	the	the	DT
cord-305747-h17l3rt6	85	13	results	result	NNS
cord-305747-h17l3rt6	85	14	from	from	IN
cord-305747-h17l3rt6	85	15	the	the	DT
cord-305747-h17l3rt6	85	16	GVAR	GVAR	NNP
cord-305747-h17l3rt6	85	17	model	model	NN
cord-305747-h17l3rt6	85	18	.	.	.
cord-305747-h17l3rt6	86	1	BVAR	BVAR	NNP
cord-305747-h17l3rt6	86	2	models	model	NNS
cord-305747-h17l3rt6	86	3	are	be	VBP
cord-305747-h17l3rt6	86	4	estimated	estimate	VBN
cord-305747-h17l3rt6	86	5	for	for	IN
cord-305747-h17l3rt6	86	6	each	each	DT
cord-305747-h17l3rt6	86	7	country	country	NN
cord-305747-h17l3rt6	86	8	separately	separately	RB
cord-305747-h17l3rt6	86	9	.	.	.
cord-305747-h17l3rt6	87	1	9	9	CD
cord-305747-h17l3rt6	88	1	We	-PRON-	PRP
cord-305747-h17l3rt6	88	2	estimate	estimate	VBP
cord-305747-h17l3rt6	88	3	the	the	DT
cord-305747-h17l3rt6	88	4	models	model	NNS
cord-305747-h17l3rt6	88	5	on	on	IN
cord-305747-h17l3rt6	88	6	first	first	JJ
cord-305747-h17l3rt6	88	7	differences	difference	NNS
cord-305747-h17l3rt6	88	8	(	(	-LRB-
cord-305747-h17l3rt6	88	9	all	all	DT
cord-305747-h17l3rt6	88	10	variables	variable	NNS
cord-305747-h17l3rt6	88	11	except	except	IN
cord-305747-h17l3rt6	88	12	of	of	IN
cord-305747-h17l3rt6	88	13	interest	interest	NN
cord-305747-h17l3rt6	88	14	rate	rate	NN
cord-305747-h17l3rt6	88	15	are	be	VBP
cord-305747-h17l3rt6	88	16	in	in	IN
cord-305747-h17l3rt6	88	17	first	first	JJ
cord-305747-h17l3rt6	88	18	differences	difference	NNS
cord-305747-h17l3rt6	88	19	)	)	-RRB-
cord-305747-h17l3rt6	88	20	to	to	TO
cord-305747-h17l3rt6	88	21	ensure	ensure	VB
cord-305747-h17l3rt6	88	22	maximum	maximum	JJ
cord-305747-h17l3rt6	88	23	comparability	comparability	NN
cord-305747-h17l3rt6	88	24	to	to	IN
cord-305747-h17l3rt6	88	25	GVAR	GVAR	NNP
cord-305747-h17l3rt6	88	26	model	model	NN
cord-305747-h17l3rt6	88	27	.	.	.
cord-305747-h17l3rt6	89	1	x	x	SYM
cord-305747-h17l3rt6	89	2	t	t	NNP
cord-305747-h17l3rt6	89	3	is	be	VBZ
cord-305747-h17l3rt6	89	4	a	a	DT
cord-305747-h17l3rt6	89	5	vector	vector	NN
cord-305747-h17l3rt6	89	6	of	of	IN
cord-305747-h17l3rt6	89	7	endogenous	endogenous	JJ
cord-305747-h17l3rt6	89	8	variables	variable	NNS
cord-305747-h17l3rt6	89	9	,	,	,
cord-305747-h17l3rt6	89	10	z	z	NNP
cord-305747-h17l3rt6	89	11	t	t	NNP
cord-305747-h17l3rt6	89	12	is	be	VBZ
cord-305747-h17l3rt6	89	13	a	a	DT
cord-305747-h17l3rt6	89	14	vector	vector	NN
cord-305747-h17l3rt6	89	15	of	of	IN
cord-305747-h17l3rt6	89	16	exogenous	exogenous	JJ
cord-305747-h17l3rt6	89	17	variables	variable	NNS
cord-305747-h17l3rt6	89	18	,	,	,
cord-305747-h17l3rt6	89	19	and	and	CC
cord-305747-h17l3rt6	89	20	it	-PRON-	PRP
cord-305747-h17l3rt6	89	21	corresponds	correspond	VBZ
cord-305747-h17l3rt6	89	22	to	to	IN
cord-305747-h17l3rt6	89	23	foreign	foreign	JJ
cord-305747-h17l3rt6	89	24	variables	variable	NNS
cord-305747-h17l3rt6	89	25	and	and	CC
cord-305747-h17l3rt6	89	26	the	the	DT
cord-305747-h17l3rt6	89	27	dominant	dominant	JJ
cord-305747-h17l3rt6	89	28	unit	unit	NN
cord-305747-h17l3rt6	89	29	in	in	IN
cord-305747-h17l3rt6	89	30	the	the	DT
cord-305747-h17l3rt6	89	31	GVAR	GVAR	NNP
cord-305747-h17l3rt6	89	32	model	model	NN
cord-305747-h17l3rt6	89	33	,	,	,
cord-305747-h17l3rt6	89	34	t	t	NNP
cord-305747-h17l3rt6	89	35	∼	∼	NNP
cord-305747-h17l3rt6	89	36	N	N	NNP
cord-305747-h17l3rt6	89	37	(	(	-LRB-
cord-305747-h17l3rt6	89	38	0	0	NFP
cord-305747-h17l3rt6	89	39	,	,	,
cord-305747-h17l3rt6	89	40	Σ	Σ	NNP
cord-305747-h17l3rt6	89	41	)	)	-RRB-
cord-305747-h17l3rt6	89	42	is	be	VBZ
cord-305747-h17l3rt6	89	43	a	a	DT
cord-305747-h17l3rt6	89	44	vector	vector	NN
cord-305747-h17l3rt6	89	45	of	of	IN
cord-305747-h17l3rt6	89	46	residuals	residual	NNS
cord-305747-h17l3rt6	89	47	.	.	.
cord-305747-h17l3rt6	90	1	We	-PRON-	PRP
cord-305747-h17l3rt6	90	2	identify	identify	VBP
cord-305747-h17l3rt6	90	3	shocks	shock	NNS
cord-305747-h17l3rt6	90	4	using	use	VBG
cord-305747-h17l3rt6	90	5	the	the	DT
cord-305747-h17l3rt6	90	6	Cholesky	Cholesky	NNP
cord-305747-h17l3rt6	90	7	decomposition	decomposition	NN
cord-305747-h17l3rt6	90	8	,	,	,
cord-305747-h17l3rt6	90	9	which	which	WDT
cord-305747-h17l3rt6	90	10	is	be	VBZ
cord-305747-h17l3rt6	90	11	easier	easy	JJR
cord-305747-h17l3rt6	90	12	to	to	TO
cord-305747-h17l3rt6	90	13	reasonably	reasonably	RB
cord-305747-h17l3rt6	90	14	implement	implement	VB
cord-305747-h17l3rt6	90	15	within	within	IN
cord-305747-h17l3rt6	90	16	the	the	DT
cord-305747-h17l3rt6	90	17	BVAR	BVAR	NNP
cord-305747-h17l3rt6	90	18	framework	framework	NN
cord-305747-h17l3rt6	90	19	,	,	,
cord-305747-h17l3rt6	90	20	than	than	IN
cord-305747-h17l3rt6	90	21	within	within	IN
cord-305747-h17l3rt6	90	22	the	the	DT
cord-305747-h17l3rt6	90	23	GVAR	GVAR	NNP
cord-305747-h17l3rt6	90	24	framework	framework	NN
cord-305747-h17l3rt6	90	25	.	.	.
cord-305747-h17l3rt6	91	1	The	the	DT
cord-305747-h17l3rt6	91	2	specification	specification	NN
cord-305747-h17l3rt6	91	3	of	of	IN
cord-305747-h17l3rt6	91	4	the	the	DT
cord-305747-h17l3rt6	91	5	BVAR	BVAR	NNP
cord-305747-h17l3rt6	91	6	models	model	NNS
cord-305747-h17l3rt6	91	7	is	be	VBZ
cord-305747-h17l3rt6	91	8	chosen	choose	VBN
cord-305747-h17l3rt6	91	9	to	to	TO
cord-305747-h17l3rt6	91	10	be	be	VB
cord-305747-h17l3rt6	91	11	as	as	RB
cord-305747-h17l3rt6	91	12	similar	similar	JJ
cord-305747-h17l3rt6	91	13	to	to	IN
cord-305747-h17l3rt6	91	14	the	the	DT
cord-305747-h17l3rt6	91	15	GVAR	GVAR	NNP
cord-305747-h17l3rt6	91	16	model	model	NN
cord-305747-h17l3rt6	91	17	as	as	IN
cord-305747-h17l3rt6	91	18	possible	possible	JJ
cord-305747-h17l3rt6	91	19	.	.	.
cord-305747-h17l3rt6	92	1	The	the	DT
cord-305747-h17l3rt6	92	2	endogenous	endogenous	JJ
cord-305747-h17l3rt6	92	3	variables	variable	NNS
cord-305747-h17l3rt6	92	4	are	be	VBP
cord-305747-h17l3rt6	92	5	as	as	IN
cord-305747-h17l3rt6	92	6	follows	follow	VBZ
cord-305747-h17l3rt6	92	7	:	:	:
cord-305747-h17l3rt6	92	8	Chinese	chinese	JJ
cord-305747-h17l3rt6	92	9	GDP	gdp	NN
cord-305747-h17l3rt6	92	10	(	(	-LRB-
cord-305747-h17l3rt6	92	11	y	y	NNP
cord-305747-h17l3rt6	92	12	China	China	NNP
cord-305747-h17l3rt6	92	13	)	)	-RRB-
cord-305747-h17l3rt6	92	14	,	,	,
cord-305747-h17l3rt6	92	15	Chinese	chinese	JJ
cord-305747-h17l3rt6	92	16	interest	interest	NN
cord-305747-h17l3rt6	92	17	rate	rate	NN
cord-305747-h17l3rt6	92	18	(	(	-LRB-
cord-305747-h17l3rt6	92	19	i	i	NNP
cord-305747-h17l3rt6	92	20	China	China	NNP
cord-305747-h17l3rt6	92	21	)	)	-RRB-
cord-305747-h17l3rt6	92	22	,	,	,
cord-305747-h17l3rt6	92	23	domestic	domestic	JJ
cord-305747-h17l3rt6	92	24	GDP	GDP	NNP
cord-305747-h17l3rt6	92	25	(	(	-LRB-
cord-305747-h17l3rt6	92	26	y	y	NNP
cord-305747-h17l3rt6	92	27	)	)	-RRB-
cord-305747-h17l3rt6	92	28	,	,	,
cord-305747-h17l3rt6	92	29	domestic	domestic	JJ
cord-305747-h17l3rt6	92	30	price	price	NN
cord-305747-h17l3rt6	92	31	level	level	NN
cord-305747-h17l3rt6	92	32	(	(	-LRB-
cord-305747-h17l3rt6	92	33	p	p	NN
cord-305747-h17l3rt6	92	34	)	)	-RRB-
cord-305747-h17l3rt6	92	35	,	,	,
cord-305747-h17l3rt6	92	36	domestic	domestic	JJ
cord-305747-h17l3rt6	92	37	interest	interest	NN
cord-305747-h17l3rt6	92	38	rate	rate	NN
cord-305747-h17l3rt6	92	39	(	(	-LRB-
cord-305747-h17l3rt6	92	40	i	i	NN
cord-305747-h17l3rt6	92	41	)	)	-RRB-
cord-305747-h17l3rt6	92	42	,	,	,
cord-305747-h17l3rt6	92	43	domestic	domestic	JJ
cord-305747-h17l3rt6	92	44	stock	stock	NN
cord-305747-h17l3rt6	92	45	price	price	NN
cord-305747-h17l3rt6	92	46	index	index	NN
cord-305747-h17l3rt6	92	47	(	(	-LRB-
cord-305747-h17l3rt6	92	48	s	s	NNP
cord-305747-h17l3rt6	92	49	)	)	-RRB-
cord-305747-h17l3rt6	92	50	,	,	,
cord-305747-h17l3rt6	92	51	and	and	CC
cord-305747-h17l3rt6	92	52	domestic	domestic	JJ
cord-305747-h17l3rt6	92	53	real	real	JJ
cord-305747-h17l3rt6	92	54	effective	effective	JJ
cord-305747-h17l3rt6	92	55	exchange	exchange	NN
cord-305747-h17l3rt6	92	56	rate	rate	NN
cord-305747-h17l3rt6	92	57	(	(	-LRB-
cord-305747-h17l3rt6	92	58	r	r	NN
cord-305747-h17l3rt6	92	59	)	)	-RRB-
cord-305747-h17l3rt6	92	60	.	.	.
cord-305747-h17l3rt6	93	1	The	the	DT
cord-305747-h17l3rt6	93	2	order	order	NN
cord-305747-h17l3rt6	93	3	of	of	IN
cord-305747-h17l3rt6	93	4	variables	variable	NNS
cord-305747-h17l3rt6	93	5	for	for	IN
cord-305747-h17l3rt6	93	6	the	the	DT
cord-305747-h17l3rt6	93	7	Cholesky	Cholesky	NNP
cord-305747-h17l3rt6	93	8	identification	identification	NN
cord-305747-h17l3rt6	93	9	is	be	VBZ
cord-305747-h17l3rt6	93	10	as	as	IN
cord-305747-h17l3rt6	93	11	written	write	VBN
cord-305747-h17l3rt6	93	12	above	above	RB
cord-305747-h17l3rt6	93	13	.	.	.
cord-305747-h17l3rt6	94	1	The	the	DT
cord-305747-h17l3rt6	94	2	exogenous	exogenous	JJ
cord-305747-h17l3rt6	94	3	variables	variable	NNS
cord-305747-h17l3rt6	94	4	are	be	VBP
cord-305747-h17l3rt6	94	5	foreign	foreign	JJ
cord-305747-h17l3rt6	94	6	GDP	gdp	NN
cord-305747-h17l3rt6	94	7	(	(	-LRB-
cord-305747-h17l3rt6	94	8	without	without	IN
cord-305747-h17l3rt6	94	9	China	China	NNP
cord-305747-h17l3rt6	94	10	)	)	-RRB-
cord-305747-h17l3rt6	94	11	(	(	-LRB-
cord-305747-h17l3rt6	94	12	y	y	NNP
cord-305747-h17l3rt6	94	13	foreign	foreign	NNP
cord-305747-h17l3rt6	94	14	)	)	-RRB-
cord-305747-h17l3rt6	94	15	,	,	,
cord-305747-h17l3rt6	94	16	foreign	foreign	JJ
cord-305747-h17l3rt6	94	17	price	price	NN
cord-305747-h17l3rt6	94	18	level	level	NN
cord-305747-h17l3rt6	94	19	(	(	-LRB-
cord-305747-h17l3rt6	94	20	without	without	IN
cord-305747-h17l3rt6	94	21	China	China	NNP
cord-305747-h17l3rt6	94	22	)	)	-RRB-
cord-305747-h17l3rt6	94	23	(	(	-LRB-
cord-305747-h17l3rt6	94	24	p	p	IN
cord-305747-h17l3rt6	94	25	foreign	foreign	JJ
cord-305747-h17l3rt6	94	26	)	)	-RRB-
cord-305747-h17l3rt6	94	27	,	,	,
cord-305747-h17l3rt6	94	28	and	and	CC
cord-305747-h17l3rt6	94	29	oil	oil	NN
cord-305747-h17l3rt6	94	30	price	price	NN
cord-305747-h17l3rt6	94	31	level	level	NN
cord-305747-h17l3rt6	94	32	(	(	-LRB-
cord-305747-h17l3rt6	94	33	oil	oil	NN
cord-305747-h17l3rt6	94	34	)	)	-RRB-
cord-305747-h17l3rt6	94	35	.	.	.
cord-305747-h17l3rt6	95	1	The	the	DT
cord-305747-h17l3rt6	95	2	choice	choice	NN
cord-305747-h17l3rt6	95	3	of	of	IN
cord-305747-h17l3rt6	95	4	variables	variable	NNS
cord-305747-h17l3rt6	95	5	is	be	VBZ
cord-305747-h17l3rt6	95	6	similar	similar	JJ
cord-305747-h17l3rt6	95	7	to	to	IN
cord-305747-h17l3rt6	95	8	Peersman	Peersman	NNP
cord-305747-h17l3rt6	95	9	and	and	CC
cord-305747-h17l3rt6	95	10	Smets	Smets	NNP
cord-305747-h17l3rt6	95	11	(	(	-LRB-
cord-305747-h17l3rt6	95	12	2001	2001	CD
cord-305747-h17l3rt6	95	13	)	)	-RRB-
cord-305747-h17l3rt6	95	14	.	.	.
cord-305747-h17l3rt6	96	1	The	the	DT
cord-305747-h17l3rt6	96	2	number	number	NN
cord-305747-h17l3rt6	96	3	of	of	IN
cord-305747-h17l3rt6	96	4	lags	lag	NNS
cord-305747-h17l3rt6	96	5	is	be	VBZ
cord-305747-h17l3rt6	96	6	4	4	CD
cord-305747-h17l3rt6	96	7	.	.	.
cord-305747-h17l3rt6	97	1	Note	note	VB
cord-305747-h17l3rt6	97	2	that	that	IN
cord-305747-h17l3rt6	97	3	in	in	IN
cord-305747-h17l3rt6	97	4	the	the	DT
cord-305747-h17l3rt6	97	5	models	model	NNS
cord-305747-h17l3rt6	97	6	for	for	IN
cord-305747-h17l3rt6	97	7	Algeria	Algeria	NNP
cord-305747-h17l3rt6	97	8	,	,	,
cord-305747-h17l3rt6	97	9	Croatia	Croatia	NNP
cord-305747-h17l3rt6	97	10	,	,	,
cord-305747-h17l3rt6	97	11	Saudi	Saudi	NNP
cord-305747-h17l3rt6	97	12	Arabia	Arabia	NNP
cord-305747-h17l3rt6	97	13	,	,	,
cord-305747-h17l3rt6	97	14	and	and	CC
cord-305747-h17l3rt6	97	15	Romania	Romania	NNP
cord-305747-h17l3rt6	97	16	,	,	,
cord-305747-h17l3rt6	97	17	stock	stock	NN
cord-305747-h17l3rt6	97	18	price	price	NN
cord-305747-h17l3rt6	97	19	indexes	index	NNS
cord-305747-h17l3rt6	97	20	are	be	VBP
cord-305747-h17l3rt6	97	21	not	not	RB
cord-305747-h17l3rt6	97	22	included	include	VBN
cord-305747-h17l3rt6	97	23	due	due	IN
cord-305747-h17l3rt6	97	24	to	to	IN
cord-305747-h17l3rt6	97	25	the	the	DT
cord-305747-h17l3rt6	97	26	unavailability	unavailability	NN
cord-305747-h17l3rt6	97	27	of	of	IN
cord-305747-h17l3rt6	97	28	data	datum	NNS
cord-305747-h17l3rt6	97	29	.	.	.
cord-305747-h17l3rt6	98	1	We	-PRON-	PRP
cord-305747-h17l3rt6	98	2	use	use	VBP
cord-305747-h17l3rt6	98	3	Minnesota	Minnesota	NNP
cord-305747-h17l3rt6	98	4	prior	prior	RB
cord-305747-h17l3rt6	98	5	with	with	IN
cord-305747-h17l3rt6	98	6	parameters	parameter	NNS
cord-305747-h17l3rt6	98	7	presented	present	VBN
cord-305747-h17l3rt6	98	8	in	in	IN
cord-305747-h17l3rt6	98	9	Table	Table	NNP
cord-305747-h17l3rt6	98	10	1	1	CD
cord-305747-h17l3rt6	98	11	.	.	.
cord-305747-h17l3rt6	99	1	Auto	auto	NN
cord-305747-h17l3rt6	99	2	-	-	HYPH
cord-305747-h17l3rt6	99	3	regressive	regressive	JJ
cord-305747-h17l3rt6	99	4	coefficient	coefficient	NN
cord-305747-h17l3rt6	99	5	is	be	VBZ
cord-305747-h17l3rt6	99	6	equal	equal	JJ
cord-305747-h17l3rt6	99	7	to	to	IN
cord-305747-h17l3rt6	99	8	0.8	0.8	CD
cord-305747-h17l3rt6	99	9	,	,	,
cord-305747-h17l3rt6	99	10	because	because	IN
cord-305747-h17l3rt6	99	11	our	-PRON-	PRP$
cord-305747-h17l3rt6	99	12	variables	variable	NNS
cord-305747-h17l3rt6	99	13	are	be	VBP
cord-305747-h17l3rt6	99	14	known	know	VBN
cord-305747-h17l3rt6	99	15	to	to	TO
cord-305747-h17l3rt6	99	16	be	be	VB
cord-305747-h17l3rt6	99	17	stationary	stationary	JJ
cord-305747-h17l3rt6	99	18	(	(	-LRB-
cord-305747-h17l3rt6	99	19	see	see	VB
cord-305747-h17l3rt6	99	20	Dieppe	Dieppe	NNP
cord-305747-h17l3rt6	99	21	,	,	,
cord-305747-h17l3rt6	99	22	van	van	NNP
cord-305747-h17l3rt6	99	23	Roye	Roye	NNP
cord-305747-h17l3rt6	99	24	,	,	,
cord-305747-h17l3rt6	99	25	&	&	CC
cord-305747-h17l3rt6	99	26	Legrand	Legrand	NNP
cord-305747-h17l3rt6	99	27	,	,	,
cord-305747-h17l3rt6	99	28	2016	2016	CD
cord-305747-h17l3rt6	99	29	)	)	-RRB-
cord-305747-h17l3rt6	99	30	.	.	.
cord-305747-h17l3rt6	100	1	The	the	DT
cord-305747-h17l3rt6	100	2	rest	rest	NN
cord-305747-h17l3rt6	100	3	of	of	IN
cord-305747-h17l3rt6	100	4	the	the	DT
cord-305747-h17l3rt6	100	5	hyperparameters	hyperparameter	NNS
cord-305747-h17l3rt6	100	6	are	be	VBP
cord-305747-h17l3rt6	100	7	chosen	choose	VBN
cord-305747-h17l3rt6	100	8	on	on	IN
cord-305747-h17l3rt6	100	9	the	the	DT
cord-305747-h17l3rt6	100	10	basis	basis	NN
cord-305747-h17l3rt6	100	11	of	of	IN
cord-305747-h17l3rt6	100	12	suggestions	suggestion	NNS
cord-305747-h17l3rt6	100	13	in	in	IN
cord-305747-h17l3rt6	100	14	Canova	Canova	NNP
cord-305747-h17l3rt6	100	15	(	(	-LRB-
cord-305747-h17l3rt6	100	16	2007	2007	CD
cord-305747-h17l3rt6	100	17	)	)	-RRB-
cord-305747-h17l3rt6	100	18	.	.	.
cord-305747-h17l3rt6	101	1	We	-PRON-	PRP
cord-305747-h17l3rt6	101	2	implement	implement	VBP
cord-305747-h17l3rt6	101	3	block	block	NN
cord-305747-h17l3rt6	101	4	exogeneity	exogeneity	NN
cord-305747-h17l3rt6	101	5	to	to	TO
cord-305747-h17l3rt6	101	6	create	create	VB
cord-305747-h17l3rt6	101	7	partial	partial	JJ
cord-305747-h17l3rt6	101	8	exogeneity	exogeneity	NN
cord-305747-h17l3rt6	101	9	within	within	IN
cord-305747-h17l3rt6	101	10	our	-PRON-	PRP$
cord-305747-h17l3rt6	101	11	set	set	NN
cord-305747-h17l3rt6	101	12	of	of	IN
cord-305747-h17l3rt6	101	13	endogenous	endogenous	JJ
cord-305747-h17l3rt6	101	14	variables	variable	NNS
cord-305747-h17l3rt6	101	15	.	.	.
cord-305747-h17l3rt6	102	1	We	-PRON-	PRP
cord-305747-h17l3rt6	102	2	want	want	VBP
cord-305747-h17l3rt6	102	3	domestic	domestic	JJ
cord-305747-h17l3rt6	102	4	variables	variable	NNS
cord-305747-h17l3rt6	102	5	(	(	-LRB-
cord-305747-h17l3rt6	102	6	y	y	NNP
cord-305747-h17l3rt6	102	7	,	,	,
cord-305747-h17l3rt6	102	8	p	p	NNP
cord-305747-h17l3rt6	102	9	,	,	,
cord-305747-h17l3rt6	102	10	i	i	PRP
cord-305747-h17l3rt6	102	11	,	,	,
cord-305747-h17l3rt6	102	12	s	s	NNP
cord-305747-h17l3rt6	102	13	,	,	,
cord-305747-h17l3rt6	102	14	r	r	NN
cord-305747-h17l3rt6	102	15	)	)	-RRB-
cord-305747-h17l3rt6	102	16	to	to	TO
cord-305747-h17l3rt6	102	17	have	have	VB
cord-305747-h17l3rt6	102	18	no	no	DT
cord-305747-h17l3rt6	102	19	impact	impact	NN
cord-305747-h17l3rt6	102	20	on	on	IN
cord-305747-h17l3rt6	102	21	Chinese	chinese	JJ
cord-305747-h17l3rt6	102	22	variables	variable	NNS
cord-305747-h17l3rt6	102	23	(	(	-LRB-
cord-305747-h17l3rt6	102	24	y	y	NNP
cord-305747-h17l3rt6	102	25	China	China	NNP
cord-305747-h17l3rt6	102	26	,	,	,
cord-305747-h17l3rt6	102	27	i	i	PRP
cord-305747-h17l3rt6	102	28	China	China	NNP
cord-305747-h17l3rt6	102	29	)	)	-RRB-
cord-305747-h17l3rt6	102	30	(	(	-LRB-
cord-305747-h17l3rt6	102	31	see	see	VB
cord-305747-h17l3rt6	102	32	Table	Table	NNP
cord-305747-h17l3rt6	102	33	2	2	CD
cord-305747-h17l3rt6	102	34	)	)	-RRB-
cord-305747-h17l3rt6	102	35	.	.	.
cord-305747-h17l3rt6	103	1	Next	next	RB
cord-305747-h17l3rt6	103	2	after	after	IN
cord-305747-h17l3rt6	103	3	computing	compute	VBG
cord-305747-h17l3rt6	103	4	GDP	gdp	NN
cord-305747-h17l3rt6	103	5	responses	response	NNS
cord-305747-h17l3rt6	103	6	in	in	IN
cord-305747-h17l3rt6	103	7	respective	respective	JJ
cord-305747-h17l3rt6	103	8	economies	economy	NNS
cord-305747-h17l3rt6	103	9	to	to	IN
cord-305747-h17l3rt6	103	10	China	China	NNP
cord-305747-h17l3rt6	103	11	's	's	POS
cord-305747-h17l3rt6	103	12	GDP	gdp	NN
cord-305747-h17l3rt6	103	13	impulse	impulse	NN
cord-305747-h17l3rt6	103	14	from	from	IN
cord-305747-h17l3rt6	103	15	both	both	CC
cord-305747-h17l3rt6	103	16	GVAR	GVAR	NNP
cord-305747-h17l3rt6	103	17	and	and	CC
cord-305747-h17l3rt6	103	18	BVAR	BVAR	NNP
cord-305747-h17l3rt6	103	19	models	model	NNS
cord-305747-h17l3rt6	103	20	,	,	,
cord-305747-h17l3rt6	103	21	we	-PRON-	PRP
cord-305747-h17l3rt6	103	22	attempt	attempt	VBP
cord-305747-h17l3rt6	103	23	to	to	TO
cord-305747-h17l3rt6	103	24	explain	explain	VB
cord-305747-h17l3rt6	103	25	them	-PRON-	PRP
cord-305747-h17l3rt6	103	26	by	by	IN
cord-305747-h17l3rt6	103	27	the	the	DT
cord-305747-h17l3rt6	103	28	countries	country	NNS
cord-305747-h17l3rt6	103	29	'	'	POS
cord-305747-h17l3rt6	103	30	structural	structural	JJ
cord-305747-h17l3rt6	103	31	characteristics	characteristic	NNS
cord-305747-h17l3rt6	103	32	.	.	.
cord-305747-h17l3rt6	104	1	In	in	IN
cord-305747-h17l3rt6	104	2	principle	principle	NN
cord-305747-h17l3rt6	104	3	,	,	,
cord-305747-h17l3rt6	104	4	we	-PRON-	PRP
cord-305747-h17l3rt6	104	5	estimate	estimate	VBP
cord-305747-h17l3rt6	104	6	the	the	DT
cord-305747-h17l3rt6	104	7	parameters	parameter	NNS
cord-305747-h17l3rt6	104	8	of	of	IN
cord-305747-h17l3rt6	104	9	the	the	DT
cord-305747-h17l3rt6	104	10	following	follow	VBG
cord-305747-h17l3rt6	104	11	linear	linear	JJ
cord-305747-h17l3rt6	104	12	regression	regression	NN
cord-305747-h17l3rt6	104	13	models	model	NNS
cord-305747-h17l3rt6	104	14	:	:	:
cord-305747-h17l3rt6	105	1	Note	note	VB
cord-305747-h17l3rt6	105	2	:	:	:
cord-305747-h17l3rt6	105	3	The	the	DT
cord-305747-h17l3rt6	105	4	value	value	NN
cord-305747-h17l3rt6	105	5	of	of	IN
cord-305747-h17l3rt6	105	6	1	1	CD
cord-305747-h17l3rt6	105	7	in	in	IN
cord-305747-h17l3rt6	105	8	row	row	NN
cord-305747-h17l3rt6	105	9	i	i	PRP
cord-305747-h17l3rt6	105	10	and	and	CC
cord-305747-h17l3rt6	105	11	column	column	NN
cord-305747-h17l3rt6	105	12	j	j	NNP
cord-305747-h17l3rt6	105	13	of	of	IN
cord-305747-h17l3rt6	105	14	the	the	DT
cord-305747-h17l3rt6	105	15	table	table	NN
cord-305747-h17l3rt6	105	16	means	mean	VBZ
cord-305747-h17l3rt6	105	17	that	that	IN
cord-305747-h17l3rt6	105	18	variable	variable	NN
cord-305747-h17l3rt6	105	19	i	i	PRP
cord-305747-h17l3rt6	105	20	has	have	VBZ
cord-305747-h17l3rt6	105	21	no	no	DT
cord-305747-h17l3rt6	105	22	effect	effect	NN
cord-305747-h17l3rt6	105	23	on	on	IN
cord-305747-h17l3rt6	105	24	variable	variable	NN
cord-305747-h17l3rt6	105	25	j.	j.	NNP
cord-305747-h17l3rt6	106	1	where	where	WRB
cord-305747-h17l3rt6	106	2	y	y	NNP
cord-305747-h17l3rt6	106	3	i	i	PRP
cord-305747-h17l3rt6	106	4	is	be	VBZ
cord-305747-h17l3rt6	106	5	an	an	DT
cord-305747-h17l3rt6	106	6	impulse	impulse	NN
cord-305747-h17l3rt6	106	7	response	response	NN
cord-305747-h17l3rt6	106	8	(	(	-LRB-
cord-305747-h17l3rt6	106	9	either	either	CC
cord-305747-h17l3rt6	106	10	from	from	IN
cord-305747-h17l3rt6	106	11	the	the	DT
cord-305747-h17l3rt6	106	12	GVAR	GVAR	NNP
cord-305747-h17l3rt6	106	13	or	or	CC
cord-305747-h17l3rt6	106	14	from	from	IN
cord-305747-h17l3rt6	106	15	the	the	DT
cord-305747-h17l3rt6	106	16	BVAR	BVAR	NNP
cord-305747-h17l3rt6	106	17	model	model	NN
cord-305747-h17l3rt6	106	18	)	)	-RRB-
cord-305747-h17l3rt6	106	19	,	,	,
cord-305747-h17l3rt6	106	20	x	x	:
cord-305747-h17l3rt6	106	21	i	i	PRP
cord-305747-h17l3rt6	106	22	is	be	VBZ
cord-305747-h17l3rt6	106	23	a	a	DT
cord-305747-h17l3rt6	106	24	vector	vector	NN
cord-305747-h17l3rt6	106	25	of	of	IN
cord-305747-h17l3rt6	106	26	structural	structural	JJ
cord-305747-h17l3rt6	106	27	characteristics	characteristic	NNS
cord-305747-h17l3rt6	106	28	for	for	IN
cord-305747-h17l3rt6	106	29	each	each	DT
cord-305747-h17l3rt6	106	30	economy	economy	NN
cord-305747-h17l3rt6	106	31	,	,	,
cord-305747-h17l3rt6	106	32	is	be	VBZ
cord-305747-h17l3rt6	106	33	a	a	DT
cord-305747-h17l3rt6	106	34	vector	vector	NN
cord-305747-h17l3rt6	106	35	of	of	IN
cord-305747-h17l3rt6	106	36	coefficients	coefficient	NNS
cord-305747-h17l3rt6	106	37	and	and	CC
cord-305747-h17l3rt6	106	38	i	i	PRP
cord-305747-h17l3rt6	106	39	is	be	VBZ
cord-305747-h17l3rt6	106	40	an	an	DT
cord-305747-h17l3rt6	106	41	error	error	NN
cord-305747-h17l3rt6	106	42	term	term	NN
cord-305747-h17l3rt6	106	43	.	.	.
cord-305747-h17l3rt6	107	1	As	as	IN
cord-305747-h17l3rt6	107	2	a	a	DT
cord-305747-h17l3rt6	107	3	dependent	dependent	JJ
cord-305747-h17l3rt6	107	4	variable	variable	NN
cord-305747-h17l3rt6	107	5	,	,	,
cord-305747-h17l3rt6	107	6	we	-PRON-	PRP
cord-305747-h17l3rt6	107	7	take	take	VBP
cord-305747-h17l3rt6	107	8	the	the	DT
cord-305747-h17l3rt6	107	9	maximum	maximum	JJ
cord-305747-h17l3rt6	107	10	effect	effect	NN
cord-305747-h17l3rt6	107	11	within	within	IN
cord-305747-h17l3rt6	107	12	20	20	CD
cord-305747-h17l3rt6	107	13	quarters	quarter	NNS
cord-305747-h17l3rt6	107	14	(	(	-LRB-
cord-305747-h17l3rt6	107	15	5	5	CD
cord-305747-h17l3rt6	107	16	years	year	NNS
cord-305747-h17l3rt6	107	17	)	)	-RRB-
cord-305747-h17l3rt6	107	18	after	after	IN
cord-305747-h17l3rt6	107	19	an	an	DT
cord-305747-h17l3rt6	107	20	impulse	impulse	NN
cord-305747-h17l3rt6	107	21	.	.	.
cord-305747-h17l3rt6	108	1	We	-PRON-	PRP
cord-305747-h17l3rt6	108	2	consider	consider	VBP
cord-305747-h17l3rt6	108	3	as	as	RB
cord-305747-h17l3rt6	108	4	many	many	JJ
cord-305747-h17l3rt6	108	5	as	as	IN
cord-305747-h17l3rt6	108	6	18	18	CD
cord-305747-h17l3rt6	108	7	(	(	-LRB-
cord-305747-h17l3rt6	108	8	16	16	CD
cord-305747-h17l3rt6	108	9	-	-	SYM
cord-305747-h17l3rt6	108	10	17	17	CD
cord-305747-h17l3rt6	108	11	at	at	IN
cord-305747-h17l3rt6	108	12	the	the	DT
cord-305747-h17l3rt6	108	13	same	same	JJ
cord-305747-h17l3rt6	108	14	time	time	NN
cord-305747-h17l3rt6	108	15	)	)	-RRB-
cord-305747-h17l3rt6	108	16	structural	structural	JJ
cord-305747-h17l3rt6	108	17	characteristics	characteristic	NNS
cord-305747-h17l3rt6	108	18	10	10	CD
cord-305747-h17l3rt6	108	19	within	within	IN
cord-305747-h17l3rt6	108	20	the	the	DT
cord-305747-h17l3rt6	108	21	following	follow	VBG
cord-305747-h17l3rt6	108	22	groups	group	NNS
cord-305747-h17l3rt6	108	23	:	:	:
cord-305747-h17l3rt6	109	1	•	•	NNP
cord-305747-h17l3rt6	109	2	the	the	DT
cord-305747-h17l3rt6	109	3	structure	structure	NN
cord-305747-h17l3rt6	109	4	of	of	IN
cord-305747-h17l3rt6	109	5	international	international	JJ
cord-305747-h17l3rt6	109	6	trade	trade	NN
cord-305747-h17l3rt6	109	7	(	(	-LRB-
cord-305747-h17l3rt6	109	8	shares	share	NNS
cord-305747-h17l3rt6	109	9	of	of	IN
cord-305747-h17l3rt6	109	10	:	:	:
cord-305747-h17l3rt6	109	11	agriculture	agriculture	NN
cord-305747-h17l3rt6	109	12	,	,	,
cord-305747-h17l3rt6	109	13	fuels	fuel	NNS
cord-305747-h17l3rt6	109	14	and	and	CC
cord-305747-h17l3rt6	109	15	mining	mining	NN
cord-305747-h17l3rt6	109	16	products	product	NNS
cord-305747-h17l3rt6	109	17	,	,	,
cord-305747-h17l3rt6	109	18	and	and	CC
cord-305747-h17l3rt6	109	19	manufacturing	manufacture	VBG
cord-305747-h17l3rt6	109	20	in	in	IN
cord-305747-h17l3rt6	109	21	trade	trade	NN
cord-305747-h17l3rt6	109	22	with	with	IN
cord-305747-h17l3rt6	109	23	China	China	NNP
cord-305747-h17l3rt6	109	24	)	)	-RRB-
cord-305747-h17l3rt6	109	25	,	,	,
cord-305747-h17l3rt6	109	26	•	•	NNP
cord-305747-h17l3rt6	109	27	the	the	DT
cord-305747-h17l3rt6	109	28	structure	structure	NN
cord-305747-h17l3rt6	109	29	of	of	IN
cord-305747-h17l3rt6	109	30	GVA	GVA	NNP
cord-305747-h17l3rt6	109	31	(	(	-LRB-
cord-305747-h17l3rt6	109	32	shares	share	NNS
cord-305747-h17l3rt6	109	33	of	of	IN
cord-305747-h17l3rt6	109	34	:	:	:
cord-305747-h17l3rt6	109	35	agriculture	agriculture	NN
cord-305747-h17l3rt6	109	36	,	,	,
cord-305747-h17l3rt6	109	37	industry	industry	NN
cord-305747-h17l3rt6	109	38	,	,	,
cord-305747-h17l3rt6	109	39	manufacturing	manufacturing	NN
cord-305747-h17l3rt6	109	40	and	and	CC
cord-305747-h17l3rt6	109	41	services	service	NNS
cord-305747-h17l3rt6	109	42	in	in	IN
cord-305747-h17l3rt6	109	43	GVA	GVA	NNP
cord-305747-h17l3rt6	109	44	)	)	-RRB-
cord-305747-h17l3rt6	109	45	,	,	.
cord-305747-h17l3rt6	110	1	•	•	NNP
cord-305747-h17l3rt6	110	2	financial	financial	JJ
cord-305747-h17l3rt6	110	3	openness	openness	NN
cord-305747-h17l3rt6	111	1	(	(	-LRB-
cord-305747-h17l3rt6	111	2	Chinn	Chinn	NNP
cord-305747-h17l3rt6	111	3	-	-	HYPH
cord-305747-h17l3rt6	111	4	Ito	Ito	NNP
cord-305747-h17l3rt6	111	5	index	index	NN
cord-305747-h17l3rt6	111	6	,	,	,
cord-305747-h17l3rt6	111	7	where	where	WRB
cord-305747-h17l3rt6	111	8	the	the	DT
cord-305747-h17l3rt6	111	9	higher	high	JJR
cord-305747-h17l3rt6	111	10	the	the	DT
cord-305747-h17l3rt6	111	11	value	value	NN
cord-305747-h17l3rt6	111	12	,	,	,
cord-305747-h17l3rt6	111	13	the	the	DT
cord-305747-h17l3rt6	111	14	higher	high	JJR
cord-305747-h17l3rt6	111	15	the	the	DT
cord-305747-h17l3rt6	111	16	capital	capital	NN
cord-305747-h17l3rt6	111	17	account	account	NN
cord-305747-h17l3rt6	111	18	openness	openness	NN
cord-305747-h17l3rt6	111	19	)	)	-RRB-
cord-305747-h17l3rt6	111	20	,	,	,
cord-305747-h17l3rt6	111	21	•	•	NNP
cord-305747-h17l3rt6	111	22	the	the	DT
cord-305747-h17l3rt6	111	23	size	size	NN
cord-305747-h17l3rt6	111	24	of	of	IN
cord-305747-h17l3rt6	111	25	international	international	JJ
cord-305747-h17l3rt6	111	26	investment	investment	NN
cord-305747-h17l3rt6	111	27	position	position	NN
cord-305747-h17l3rt6	111	28	(	(	-LRB-
cord-305747-h17l3rt6	111	29	the	the	DT
cord-305747-h17l3rt6	111	30	sum	sum	NN
cord-305747-h17l3rt6	111	31	of	of	IN
cord-305747-h17l3rt6	111	32	international	international	JJ
cord-305747-h17l3rt6	111	33	investment	investment	NN
cord-305747-h17l3rt6	111	34	position	position	NN
cord-305747-h17l3rt6	111	35	assets	asset	NNS
cord-305747-h17l3rt6	111	36	and	and	CC
cord-305747-h17l3rt6	111	37	liabilities	liability	NNS
cord-305747-h17l3rt6	111	38	to	to	IN
cord-305747-h17l3rt6	111	39	GDP	GDP	NNP
cord-305747-h17l3rt6	111	40	ratio	ratio	NN
cord-305747-h17l3rt6	111	41	)	)	-RRB-
cord-305747-h17l3rt6	111	42	,	,	,
cord-305747-h17l3rt6	111	43	•	•	NNP
cord-305747-h17l3rt6	111	44	distance	distance	NN
cord-305747-h17l3rt6	111	45	(	(	-LRB-
cord-305747-h17l3rt6	111	46	between	between	IN
cord-305747-h17l3rt6	111	47	capitals	capital	NNS
cord-305747-h17l3rt6	111	48	of	of	IN
cord-305747-h17l3rt6	111	49	respective	respective	JJ
cord-305747-h17l3rt6	111	50	economies	economy	NNS
cord-305747-h17l3rt6	111	51	and	and	CC
cord-305747-h17l3rt6	111	52	Beijing	Beijing	NNP
cord-305747-h17l3rt6	111	53	)	)	-RRB-
cord-305747-h17l3rt6	111	54	,	,	,
cord-305747-h17l3rt6	111	55	•	•	NNP
cord-305747-h17l3rt6	111	56	exchange	exchange	NN
cord-305747-h17l3rt6	111	57	rate	rate	NN
cord-305747-h17l3rt6	111	58	regime	regime	NN
cord-305747-h17l3rt6	111	59	(	(	-LRB-
cord-305747-h17l3rt6	111	60	according	accord	VBG
cord-305747-h17l3rt6	111	61	to	to	IN
cord-305747-h17l3rt6	111	62	the	the	DT
cord-305747-h17l3rt6	111	63	classification	classification	NN
cord-305747-h17l3rt6	111	64	of	of	IN
cord-305747-h17l3rt6	111	65	Klein	Klein	NNP
cord-305747-h17l3rt6	111	66	and	and	CC
cord-305747-h17l3rt6	111	67	Shambaugh	Shambaugh	NNP
cord-305747-h17l3rt6	111	68	(	(	-LRB-
cord-305747-h17l3rt6	111	69	2008	2008	CD
cord-305747-h17l3rt6	111	70	)	)	-RRB-
cord-305747-h17l3rt6	111	71	,	,	,
cord-305747-h17l3rt6	111	72	where	where	WRB
cord-305747-h17l3rt6	111	73	1	1	CD
cord-305747-h17l3rt6	111	74	indicates	indicate	VBZ
cord-305747-h17l3rt6	111	75	a	a	DT
cord-305747-h17l3rt6	111	76	fixed	fix	VBN
cord-305747-h17l3rt6	111	77	and	and	CC
cord-305747-h17l3rt6	111	78	0-a	0-a	CD
cord-305747-h17l3rt6	111	79	flexible	flexible	JJ
cord-305747-h17l3rt6	111	80	exchange	exchange	NN
cord-305747-h17l3rt6	111	81	rate	rate	NN
cord-305747-h17l3rt6	111	82	)	)	-RRB-
cord-305747-h17l3rt6	111	83	,	,	.
cord-305747-h17l3rt6	112	1	•	•	NNP
cord-305747-h17l3rt6	112	2	trade	trade	NN
cord-305747-h17l3rt6	112	3	openness	openness	NN
cord-305747-h17l3rt6	112	4	(	(	-LRB-
cord-305747-h17l3rt6	112	5	the	the	DT
cord-305747-h17l3rt6	112	6	sum	sum	NN
cord-305747-h17l3rt6	112	7	of	of	IN
cord-305747-h17l3rt6	112	8	exports	export	NNS
cord-305747-h17l3rt6	112	9	and	and	CC
cord-305747-h17l3rt6	112	10	imports	import	NNS
cord-305747-h17l3rt6	112	11	to	to	IN
cord-305747-h17l3rt6	112	12	GDP	GDP	NNP
cord-305747-h17l3rt6	112	13	ratio	ratio	NN
cord-305747-h17l3rt6	112	14	)	)	-RRB-
cord-305747-h17l3rt6	112	15	,	,	,
cord-305747-h17l3rt6	112	16	•	•	NN
cord-305747-h17l3rt6	112	17	size	size	NN
cord-305747-h17l3rt6	112	18	(	(	-LRB-
cord-305747-h17l3rt6	112	19	GDP	GDP	NNP
cord-305747-h17l3rt6	112	20	in	in	IN
cord-305747-h17l3rt6	112	21	PPP	PPP	NNP
cord-305747-h17l3rt6	112	22	,	,	,
cord-305747-h17l3rt6	112	23	constant	constant	JJ
cord-305747-h17l3rt6	112	24	prices	price	NNS
cord-305747-h17l3rt6	112	25	)	)	-RRB-
cord-305747-h17l3rt6	112	26	,	,	,
cord-305747-h17l3rt6	112	27	•	•	NN
cord-305747-h17l3rt6	112	28	development	development	NN
cord-305747-h17l3rt6	112	29	(	(	-LRB-
cord-305747-h17l3rt6	112	30	GDP	gdp	NN
cord-305747-h17l3rt6	112	31	per	per	IN
cord-305747-h17l3rt6	112	32	capita	capita	NN
cord-305747-h17l3rt6	112	33	in	in	IN
cord-305747-h17l3rt6	112	34	PPP	PPP	NNP
cord-305747-h17l3rt6	112	35	,	,	,
cord-305747-h17l3rt6	112	36	constant	constant	JJ
cord-305747-h17l3rt6	112	37	prices	price	NNS
cord-305747-h17l3rt6	112	38	)	)	-RRB-
cord-305747-h17l3rt6	112	39	,	,	.
cord-305747-h17l3rt6	113	1	•	•	NNP
cord-305747-h17l3rt6	113	2	participation	participation	NN
cord-305747-h17l3rt6	113	3	in	in	IN
cord-305747-h17l3rt6	113	4	global	global	JJ
cord-305747-h17l3rt6	113	5	value	value	NN
cord-305747-h17l3rt6	113	6	chains	chain	NNS
cord-305747-h17l3rt6	113	7	(	(	-LRB-
cord-305747-h17l3rt6	113	8	GVC)-with	gvc)-with	VB
cord-305747-h17l3rt6	113	9	China	China	NNP
cord-305747-h17l3rt6	113	10	and	and	CC
cord-305747-h17l3rt6	113	11	total	total	NN
cord-305747-h17l3rt6	113	12	,	,	.
cord-305747-h17l3rt6	114	1	•	•	NNP
cord-305747-h17l3rt6	114	2	tariffs	tariff	NNS
cord-305747-h17l3rt6	114	3	(	(	-LRB-
cord-305747-h17l3rt6	114	4	weighted	weighted	JJ
cord-305747-h17l3rt6	114	5	average	average	NN
cord-305747-h17l3rt6	114	6	)	)	-RRB-
cord-305747-h17l3rt6	114	7	.	.	.
cord-305747-h17l3rt6	115	1	As	as	IN
cord-305747-h17l3rt6	115	2	we	-PRON-	PRP
cord-305747-h17l3rt6	115	3	describe	describe	VBP
cord-305747-h17l3rt6	115	4	in	in	IN
cord-305747-h17l3rt6	115	5	the	the	DT
cord-305747-h17l3rt6	115	6	next	next	JJ
cord-305747-h17l3rt6	115	7	section	section	NN
cord-305747-h17l3rt6	115	8	,	,	,
cord-305747-h17l3rt6	115	9	we	-PRON-	PRP
cord-305747-h17l3rt6	115	10	consider	consider	VBP
cord-305747-h17l3rt6	115	11	40	40	CD
cord-305747-h17l3rt6	115	12	economies	economy	NNS
cord-305747-h17l3rt6	115	13	,	,	,
cord-305747-h17l3rt6	115	14	so	so	CC
cord-305747-h17l3rt6	115	15	if	if	IN
cord-305747-h17l3rt6	115	16	we	-PRON-	PRP
cord-305747-h17l3rt6	115	17	included	include	VBD
cord-305747-h17l3rt6	115	18	all	all	PDT
cord-305747-h17l3rt6	115	19	the	the	DT
cord-305747-h17l3rt6	115	20	above	above	RB
cord-305747-h17l3rt6	115	21	mentioned	mention	VBN
cord-305747-h17l3rt6	115	22	variables	variable	NNS
cord-305747-h17l3rt6	115	23	in	in	IN
cord-305747-h17l3rt6	115	24	linear	linear	JJ
cord-305747-h17l3rt6	115	25	regression	regression	NN
cord-305747-h17l3rt6	115	26	models	model	NNS
cord-305747-h17l3rt6	115	27	at	at	IN
cord-305747-h17l3rt6	115	28	the	the	DT
cord-305747-h17l3rt6	115	29	same	same	JJ
cord-305747-h17l3rt6	115	30	time	time	NN
cord-305747-h17l3rt6	115	31	we	-PRON-	PRP
cord-305747-h17l3rt6	115	32	would	would	MD
cord-305747-h17l3rt6	115	33	be	be	VB
cord-305747-h17l3rt6	115	34	left	leave	VBN
cord-305747-h17l3rt6	115	35	with	with	IN
cord-305747-h17l3rt6	115	36	just	just	RB
cord-305747-h17l3rt6	115	37	above	above	IN
cord-305747-h17l3rt6	115	38	20	20	CD
cord-305747-h17l3rt6	115	39	°	°	NNS
cord-305747-h17l3rt6	115	40	of	of	IN
cord-305747-h17l3rt6	115	41	freedom	freedom	NN
cord-305747-h17l3rt6	115	42	,	,	,
cord-305747-h17l3rt6	115	43	which	which	WDT
cord-305747-h17l3rt6	115	44	does	do	VBZ
cord-305747-h17l3rt6	115	45	not	not	RB
cord-305747-h17l3rt6	115	46	appear	appear	VB
cord-305747-h17l3rt6	115	47	to	to	TO
cord-305747-h17l3rt6	115	48	be	be	VB
cord-305747-h17l3rt6	115	49	acceptable	acceptable	JJ
cord-305747-h17l3rt6	115	50	.	.	.
cord-305747-h17l3rt6	116	1	We	-PRON-	PRP
cord-305747-h17l3rt6	116	2	could	could	MD
cord-305747-h17l3rt6	116	3	estimate	estimate	VB
cord-305747-h17l3rt6	116	4	a	a	DT
cord-305747-h17l3rt6	116	5	model	model	NN
cord-305747-h17l3rt6	116	6	with	with	IN
cord-305747-h17l3rt6	116	7	each	each	DT
cord-305747-h17l3rt6	116	8	structural	structural	JJ
cord-305747-h17l3rt6	116	9	characteristic	characteristic	NN
cord-305747-h17l3rt6	116	10	separately	separately	RB
cord-305747-h17l3rt6	116	11	,	,	,
cord-305747-h17l3rt6	116	12	but	but	CC
cord-305747-h17l3rt6	116	13	that	that	DT
cord-305747-h17l3rt6	116	14	would	would	MD
cord-305747-h17l3rt6	116	15	put	put	VB
cord-305747-h17l3rt6	116	16	us	-PRON-	PRP
cord-305747-h17l3rt6	116	17	at	at	IN
cord-305747-h17l3rt6	116	18	risk	risk	NN
cord-305747-h17l3rt6	116	19	of	of	IN
cord-305747-h17l3rt6	116	20	getting	get	VBG
cord-305747-h17l3rt6	116	21	biased	biased	JJ
cord-305747-h17l3rt6	116	22	estimates	estimate	NNS
cord-305747-h17l3rt6	116	23	(	(	-LRB-
cord-305747-h17l3rt6	116	24	due	due	IN
cord-305747-h17l3rt6	116	25	to	to	IN
cord-305747-h17l3rt6	116	26	the	the	DT
cord-305747-h17l3rt6	116	27	omittedvariable	omittedvariable	JJ
cord-305747-h17l3rt6	116	28	bias	bias	NNP
cord-305747-h17l3rt6	116	29	)	)	-RRB-
cord-305747-h17l3rt6	116	30	.	.	.
cord-305747-h17l3rt6	117	1	Therefore	therefore	RB
cord-305747-h17l3rt6	117	2	,	,	,
cord-305747-h17l3rt6	117	3	we	-PRON-	PRP
cord-305747-h17l3rt6	117	4	decided	decide	VBD
cord-305747-h17l3rt6	117	5	to	to	TO
cord-305747-h17l3rt6	117	6	use	use	VB
cord-305747-h17l3rt6	117	7	the	the	DT
cord-305747-h17l3rt6	117	8	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	117	9	model	model	NN
cord-305747-h17l3rt6	117	10	averaging	average	VBG
cord-305747-h17l3rt6	117	11	approach	approach	NN
cord-305747-h17l3rt6	117	12	,	,	,
cord-305747-h17l3rt6	117	13	where	where	WRB
cord-305747-h17l3rt6	117	14	first	first	RB
cord-305747-h17l3rt6	117	15	we	-PRON-	PRP
cord-305747-h17l3rt6	117	16	estimate	estimate	VBP
cord-305747-h17l3rt6	117	17	linear	linear	JJ
cord-305747-h17l3rt6	117	18	regression	regression	NN
cord-305747-h17l3rt6	117	19	models	model	NNS
cord-305747-h17l3rt6	117	20	with	with	IN
cord-305747-h17l3rt6	117	21	different	different	JJ
cord-305747-h17l3rt6	117	22	sets	set	NNS
cord-305747-h17l3rt6	117	23	of	of	IN
cord-305747-h17l3rt6	117	24	independent	independent	JJ
cord-305747-h17l3rt6	117	25	variables	variable	NNS
cord-305747-h17l3rt6	117	26	,	,	,
cord-305747-h17l3rt6	117	27	and	and	CC
cord-305747-h17l3rt6	117	28	then	then	RB
cord-305747-h17l3rt6	117	29	we	-PRON-	PRP
cord-305747-h17l3rt6	117	30	average	average	JJ
cord-305747-h17l3rt6	117	31	parameters	parameter	NNS
cord-305747-h17l3rt6	117	32	over	over	IN
cord-305747-h17l3rt6	117	33	models	model	NNS
cord-305747-h17l3rt6	117	34	,	,	,
cord-305747-h17l3rt6	117	35	with	with	IN
cord-305747-h17l3rt6	117	36	weights	weight	NNS
cord-305747-h17l3rt6	117	37	proportional	proportional	JJ
cord-305747-h17l3rt6	117	38	to	to	IN
cord-305747-h17l3rt6	117	39	posterior	posterior	JJ
cord-305747-h17l3rt6	117	40	probabilities	probability	NNS
cord-305747-h17l3rt6	117	41	of	of	IN
cord-305747-h17l3rt6	117	42	respective	respective	JJ
cord-305747-h17l3rt6	117	43	models	model	NNS
cord-305747-h17l3rt6	117	44	being	be	VBG
cord-305747-h17l3rt6	117	45	correct	correct	JJ
cord-305747-h17l3rt6	117	46	(	(	-LRB-
cord-305747-h17l3rt6	117	47	assuming	assume	VBG
cord-305747-h17l3rt6	117	48	one	one	CD
cord-305747-h17l3rt6	117	49	of	of	IN
cord-305747-h17l3rt6	117	50	them	-PRON-	PRP
cord-305747-h17l3rt6	117	51	is	be	VBZ
cord-305747-h17l3rt6	117	52	correct	correct	JJ
cord-305747-h17l3rt6	117	53	)	)	-RRB-
cord-305747-h17l3rt6	117	54	.	.	.
cord-305747-h17l3rt6	118	1	11	11	CD
cord-305747-h17l3rt6	119	1	Formally	formally	RB
cord-305747-h17l3rt6	119	2	,	,	,
cord-305747-h17l3rt6	119	3	a	a	DT
cord-305747-h17l3rt6	119	4	model	model	NN
cord-305747-h17l3rt6	119	5	-	-	HYPH
cord-305747-h17l3rt6	119	6	averaged	average	VBN
cord-305747-h17l3rt6	119	7	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	119	8	point	point	NN
cord-305747-h17l3rt6	119	9	estimator	estimator	NN
cord-305747-h17l3rt6	119	10	is	be	VBZ
cord-305747-h17l3rt6	119	11	the	the	DT
cord-305747-h17l3rt6	119	12	following	follow	VBG
cord-305747-h17l3rt6	119	13	:	:	:
cord-305747-h17l3rt6	119	14	where	where	WRB
cord-305747-h17l3rt6	119	15	E	e	NN
cord-305747-h17l3rt6	119	16	[	[	-LRB-
cord-305747-h17l3rt6	119	17	1	1	CD
cord-305747-h17l3rt6	119	18	|D	|d	CD
cord-305747-h17l3rt6	119	19	]	]	-RRB-
cord-305747-h17l3rt6	119	20	is	be	VBZ
cord-305747-h17l3rt6	119	21	the	the	DT
cord-305747-h17l3rt6	119	22	posterior	posterior	JJ
cord-305747-h17l3rt6	119	23	distribution	distribution	NN
cord-305747-h17l3rt6	119	24	of	of	IN
cord-305747-h17l3rt6	119	25	a	a	DT
cord-305747-h17l3rt6	119	26	parameter	parameter	NN
cord-305747-h17l3rt6	119	27	1	1	CD
cord-305747-h17l3rt6	119	28	,	,	,
cord-305747-h17l3rt6	119	29	̃	̃	NNP
cord-305747-h17l3rt6	119	30	(	(	-LRB-
cord-305747-h17l3rt6	119	31	k	k	NNP
cord-305747-h17l3rt6	119	32	)	)	-RRB-
cord-305747-h17l3rt6	119	33	1	1	CD
cord-305747-h17l3rt6	119	34	is	be	VBZ
cord-305747-h17l3rt6	119	35	the	the	DT
cord-305747-h17l3rt6	119	36	posterior	posterior	JJ
cord-305747-h17l3rt6	119	37	mean	mean	NN
cord-305747-h17l3rt6	119	38	of	of	IN
cord-305747-h17l3rt6	119	39	the	the	DT
cord-305747-h17l3rt6	119	40	parameter	parameter	NN
cord-305747-h17l3rt6	119	41	1	1	CD
cord-305747-h17l3rt6	119	42	under	under	IN
cord-305747-h17l3rt6	119	43	model	model	NN
cord-305747-h17l3rt6	119	44	M	M	NNP
cord-305747-h17l3rt6	119	45	k	k	NNP
cord-305747-h17l3rt6	119	46	,	,	,
cord-305747-h17l3rt6	119	47	and	and	CC
cord-305747-h17l3rt6	120	1	P(M	P(M	NNP
cord-305747-h17l3rt6	120	2	k	k	XX
cord-305747-h17l3rt6	120	3	|D	|d	CD
cord-305747-h17l3rt6	120	4	)	)	-RRB-
cord-305747-h17l3rt6	120	5	is	be	VBZ
cord-305747-h17l3rt6	120	6	the	the	DT
cord-305747-h17l3rt6	120	7	posterior	posterior	JJ
cord-305747-h17l3rt6	120	8	probability	probability	NN
cord-305747-h17l3rt6	120	9	that	that	WDT
cord-305747-h17l3rt6	120	10	M	M	NNP
cord-305747-h17l3rt6	120	11	k	k	NNP
cord-305747-h17l3rt6	120	12	is	be	VBZ
cord-305747-h17l3rt6	120	13	the	the	DT
cord-305747-h17l3rt6	120	14	correct	correct	JJ
cord-305747-h17l3rt6	120	15	model	model	NN
cord-305747-h17l3rt6	120	16	,	,	,
cord-305747-h17l3rt6	120	17	given	give	VBN
cord-305747-h17l3rt6	120	18	that	that	IN
cord-305747-h17l3rt6	120	19	one	one	CD
cord-305747-h17l3rt6	120	20	of	of	IN
cord-305747-h17l3rt6	120	21	the	the	DT
cord-305747-h17l3rt6	120	22	models	model	NNS
cord-305747-h17l3rt6	120	23	considered	consider	VBN
cord-305747-h17l3rt6	120	24	is	be	VBZ
cord-305747-h17l3rt6	120	25	correct	correct	JJ
cord-305747-h17l3rt6	120	26	.	.	.
cord-305747-h17l3rt6	121	1	For	for	IN
cord-305747-h17l3rt6	121	2	more	more	JJR
cord-305747-h17l3rt6	121	3	details	detail	NNS
cord-305747-h17l3rt6	121	4	on	on	IN
cord-305747-h17l3rt6	121	5	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	121	6	model	model	NN
cord-305747-h17l3rt6	121	7	averaging	average	VBG
cord-305747-h17l3rt6	121	8	see	see	VBP
cord-305747-h17l3rt6	121	9	,	,	,
cord-305747-h17l3rt6	121	10	for	for	IN
cord-305747-h17l3rt6	121	11	example	example	NN
cord-305747-h17l3rt6	121	12	,	,	,
cord-305747-h17l3rt6	121	13	Raftery	Raftery	NNP
cord-305747-h17l3rt6	121	14	,	,	,
cord-305747-h17l3rt6	121	15	Painter	Painter	NNP
cord-305747-h17l3rt6	121	16	,	,	,
cord-305747-h17l3rt6	121	17	and	and	CC
cord-305747-h17l3rt6	121	18	Volinsky	Volinsky	NNP
cord-305747-h17l3rt6	121	19	(	(	-LRB-
cord-305747-h17l3rt6	121	20	2005	2005	CD
cord-305747-h17l3rt6	121	21	)	)	-RRB-
cord-305747-h17l3rt6	121	22	.	.	.
cord-305747-h17l3rt6	122	1	When	when	WRB
cord-305747-h17l3rt6	122	2	interpreting	interpret	VBG
cord-305747-h17l3rt6	122	3	the	the	DT
cord-305747-h17l3rt6	122	4	results	result	NNS
cord-305747-h17l3rt6	122	5	we	-PRON-	PRP
cord-305747-h17l3rt6	122	6	focus	focus	VBP
cord-305747-h17l3rt6	122	7	on	on	IN
cord-305747-h17l3rt6	122	8	posterior	posterior	JJ
cord-305747-h17l3rt6	122	9	inclusion	inclusion	NN
cord-305747-h17l3rt6	122	10	probabilities	probability	NNS
cord-305747-h17l3rt6	122	11	of	of	IN
cord-305747-h17l3rt6	122	12	each	each	DT
cord-305747-h17l3rt6	122	13	variable	variable	JJ
cord-305747-h17l3rt6	122	14	being	being	NN
cord-305747-h17l3rt6	122	15	in	in	IN
cord-305747-h17l3rt6	122	16	the	the	DT
cord-305747-h17l3rt6	122	17	model	model	NN
cord-305747-h17l3rt6	122	18	.	.	.
cord-305747-h17l3rt6	123	1	Finally	finally	RB
cord-305747-h17l3rt6	123	2	,	,	,
cord-305747-h17l3rt6	123	3	it	-PRON-	PRP
cord-305747-h17l3rt6	123	4	should	should	MD
cord-305747-h17l3rt6	123	5	be	be	VB
cord-305747-h17l3rt6	123	6	noted	note	VBN
cord-305747-h17l3rt6	123	7	that	that	IN
cord-305747-h17l3rt6	123	8	,	,	,
cord-305747-h17l3rt6	123	9	on	on	IN
cord-305747-h17l3rt6	123	10	top	top	NN
cord-305747-h17l3rt6	123	11	of	of	IN
cord-305747-h17l3rt6	123	12	using	use	VBG
cord-305747-h17l3rt6	123	13	two	two	CD
cord-305747-h17l3rt6	123	14	variants	variant	NNS
cord-305747-h17l3rt6	123	15	of	of	IN
cord-305747-h17l3rt6	123	16	the	the	DT
cord-305747-h17l3rt6	123	17	dependent	dependent	JJ
cord-305747-h17l3rt6	123	18	variable	variable	NN
cord-305747-h17l3rt6	123	19	(	(	-LRB-
cord-305747-h17l3rt6	123	20	either	either	CC
cord-305747-h17l3rt6	123	21	from	from	IN
cord-305747-h17l3rt6	123	22	the	the	DT
cord-305747-h17l3rt6	123	23	GVAR	GVAR	NNP
cord-305747-h17l3rt6	123	24	or	or	CC
cord-305747-h17l3rt6	123	25	from	from	IN
cord-305747-h17l3rt6	123	26	the	the	DT
cord-305747-h17l3rt6	123	27	BVAR	BVAR	NNP
cord-305747-h17l3rt6	123	28	models	model	NNS
cord-305747-h17l3rt6	123	29	)	)	-RRB-
cord-305747-h17l3rt6	123	30	,	,	,
cord-305747-h17l3rt6	123	31	we	-PRON-	PRP
cord-305747-h17l3rt6	123	32	also	also	RB
cord-305747-h17l3rt6	123	33	try	try	VBP
cord-305747-h17l3rt6	123	34	two	two	CD
cord-305747-h17l3rt6	123	35	sets	set	NNS
cord-305747-h17l3rt6	123	36	of	of	IN
cord-305747-h17l3rt6	123	37	regressors	regressor	NNS
cord-305747-h17l3rt6	123	38	:	:	:
cord-305747-h17l3rt6	123	39	one	one	CD
cord-305747-h17l3rt6	123	40	with	with	IN
cord-305747-h17l3rt6	123	41	a	a	DT
cord-305747-h17l3rt6	123	42	weight	weight	NN
cord-305747-h17l3rt6	123	43	in	in	IN
cord-305747-h17l3rt6	123	44	trade	trade	NN
cord-305747-h17l3rt6	123	45	with	with	IN
cord-305747-h17l3rt6	123	46	China	China	NNP
cord-305747-h17l3rt6	123	47	,	,	,
cord-305747-h17l3rt6	123	48	and	and	CC
cord-305747-h17l3rt6	123	49	one	one	CD
cord-305747-h17l3rt6	123	50	with	with	IN
cord-305747-h17l3rt6	123	51	proxies	proxy	NNS
cord-305747-h17l3rt6	123	52	for	for	IN
cord-305747-h17l3rt6	123	53	it	-PRON-	PRP
cord-305747-h17l3rt6	123	54	based	base	VBN
cord-305747-h17l3rt6	123	55	on	on	IN
cord-305747-h17l3rt6	123	56	the	the	DT
cord-305747-h17l3rt6	123	57	gravitational	gravitational	JJ
cord-305747-h17l3rt6	123	58	model	model	NN
cord-305747-h17l3rt6	123	59	of	of	IN
cord-305747-h17l3rt6	123	60	trade	trade	NN
cord-305747-h17l3rt6	123	61	-	-	HYPH
cord-305747-h17l3rt6	123	62	GDP	gdp	NN
cord-305747-h17l3rt6	123	63	in	in	IN
cord-305747-h17l3rt6	123	64	PPP	PPP	NNP
cord-305747-h17l3rt6	123	65	and	and	CC
cord-305747-h17l3rt6	123	66	distance	distance	NN
cord-305747-h17l3rt6	123	67	.	.	.
cord-305747-h17l3rt6	124	1	The	the	DT
cord-305747-h17l3rt6	124	2	latter	latter	JJ
cord-305747-h17l3rt6	124	3	specification	specification	NN
cord-305747-h17l3rt6	124	4	does	do	VBZ
cord-305747-h17l3rt6	124	5	not	not	RB
cord-305747-h17l3rt6	124	6	directly	directly	RB
cord-305747-h17l3rt6	124	7	include	include	VB
cord-305747-h17l3rt6	124	8	any	any	DT
cord-305747-h17l3rt6	124	9	deterministic	deterministic	JJ
cord-305747-h17l3rt6	124	10	relationship	relationship	NN
cord-305747-h17l3rt6	124	11	between	between	IN
cord-305747-h17l3rt6	124	12	responses	response	NNS
cord-305747-h17l3rt6	124	13	and	and	CC
cord-305747-h17l3rt6	124	14	trade	trade	NN
cord-305747-h17l3rt6	124	15	weights	weight	NNS
cord-305747-h17l3rt6	124	16	due	due	JJ
cord-305747-h17l3rt6	124	17	to	to	IN
cord-305747-h17l3rt6	124	18	the	the	DT
cord-305747-h17l3rt6	124	19	construction	construction	NN
cord-305747-h17l3rt6	124	20	of	of	IN
cord-305747-h17l3rt6	124	21	the	the	DT
cord-305747-h17l3rt6	124	22	GVAR	GVAR	NNP
cord-305747-h17l3rt6	124	23	model	model	NN
cord-305747-h17l3rt6	124	24	itself	-PRON-	PRP
cord-305747-h17l3rt6	124	25	.	.	.
cord-305747-h17l3rt6	125	1	The	the	DT
cord-305747-h17l3rt6	125	2	remaining	remain	VBG
cord-305747-h17l3rt6	125	3	variables	variable	NNS
cord-305747-h17l3rt6	125	4	are	be	VBP
cord-305747-h17l3rt6	125	5	used	use	VBN
cord-305747-h17l3rt6	125	6	in	in	IN
cord-305747-h17l3rt6	125	7	both	both	DT
cord-305747-h17l3rt6	125	8	sets	set	NNS
cord-305747-h17l3rt6	125	9	.	.	.
cord-305747-h17l3rt6	126	1	In	in	IN
cord-305747-h17l3rt6	126	2	the	the	DT
cord-305747-h17l3rt6	126	3	baseline	baseline	JJ
cord-305747-h17l3rt6	126	4	model	model	NN
cord-305747-h17l3rt6	126	5	we	-PRON-	PRP
cord-305747-h17l3rt6	126	6	explain	explain	VBP
cord-305747-h17l3rt6	126	7	responses	response	NNS
cord-305747-h17l3rt6	126	8	from	from	IN
cord-305747-h17l3rt6	126	9	the	the	DT
cord-305747-h17l3rt6	126	10	GVAR	GVAR	NNP
cord-305747-h17l3rt6	126	11	model	model	NN
cord-305747-h17l3rt6	126	12	by	by	IN
cord-305747-h17l3rt6	126	13	the	the	DT
cord-305747-h17l3rt6	126	14	set	set	NN
cord-305747-h17l3rt6	126	15	of	of	IN
cord-305747-h17l3rt6	126	16	variables	variable	NNS
cord-305747-h17l3rt6	126	17	including	include	VBG
cord-305747-h17l3rt6	126	18	GDP	GDP	NNP
cord-305747-h17l3rt6	126	19	in	in	IN
cord-305747-h17l3rt6	126	20	PPP	PPP	NNP
cord-305747-h17l3rt6	126	21	and	and	CC
cord-305747-h17l3rt6	126	22	distance	distance	NN
cord-305747-h17l3rt6	126	23	,	,	,
cord-305747-h17l3rt6	126	24	while	while	IN
cord-305747-h17l3rt6	126	25	the	the	DT
cord-305747-h17l3rt6	126	26	remaining	remain	VBG
cord-305747-h17l3rt6	126	27	three	three	CD
cord-305747-h17l3rt6	126	28	variants	variant	NNS
cord-305747-h17l3rt6	126	29	make	make	VBP
cord-305747-h17l3rt6	126	30	up	up	RP
cord-305747-h17l3rt6	126	31	a	a	DT
cord-305747-h17l3rt6	126	32	sensitivity	sensitivity	NN
cord-305747-h17l3rt6	126	33	analysis	analysis	NN
cord-305747-h17l3rt6	126	34	.	.	.
cord-305747-h17l3rt6	127	1	Our	-PRON-	PRP$
cord-305747-h17l3rt6	127	2	sample	sample	NN
cord-305747-h17l3rt6	127	3	consists	consist	VBZ
cord-305747-h17l3rt6	127	4	of	of	IN
cord-305747-h17l3rt6	127	5	59	59	CD
cord-305747-h17l3rt6	127	6	economies	economy	NNS
cord-305747-h17l3rt6	127	7	,	,	,
cord-305747-h17l3rt6	127	8	where	where	WRB
cord-305747-h17l3rt6	127	9	the	the	DT
cord-305747-h17l3rt6	127	10	19	19	CD
cord-305747-h17l3rt6	127	11	euro	euro	NNP
cord-305747-h17l3rt6	127	12	area	area	NN
cord-305747-h17l3rt6	127	13	countries	country	NNS
cord-305747-h17l3rt6	127	14	are	be	VBP
cord-305747-h17l3rt6	127	15	grouped	group	VBN
cord-305747-h17l3rt6	127	16	into	into	IN
cord-305747-h17l3rt6	127	17	one	one	CD
cord-305747-h17l3rt6	127	18	economy	economy	NN
cord-305747-h17l3rt6	127	19	.	.	.
cord-305747-h17l3rt6	128	1	We	-PRON-	PRP
cord-305747-h17l3rt6	128	2	use	use	VBP
cord-305747-h17l3rt6	128	3	quarterly	quarterly	JJ
cord-305747-h17l3rt6	128	4	observations	observation	NNS
cord-305747-h17l3rt6	128	5	.	.	.
cord-305747-h17l3rt6	129	1	The	the	DT
cord-305747-h17l3rt6	129	2	data	datum	NNS
cord-305747-h17l3rt6	129	3	span	span	VBP
cord-305747-h17l3rt6	129	4	from	from	IN
cord-305747-h17l3rt6	129	5	1995Q1	1995q1	CD
cord-305747-h17l3rt6	129	6	to	to	IN
cord-305747-h17l3rt6	129	7	2017Q4	2017q4	CD
cord-305747-h17l3rt6	129	8	.	.	.
cord-305747-h17l3rt6	130	1	The	the	DT
cord-305747-h17l3rt6	130	2	primary	primary	JJ
cord-305747-h17l3rt6	130	3	data	data	NN
cord-305747-h17l3rt6	130	4	source	source	NN
cord-305747-h17l3rt6	130	5	for	for	IN
cord-305747-h17l3rt6	130	6	GDP	gdp	NN
cord-305747-h17l3rt6	130	7	,	,	,
cord-305747-h17l3rt6	130	8	price	price	NN
cord-305747-h17l3rt6	130	9	level	level	NN
cord-305747-h17l3rt6	130	10	(	(	-LRB-
cord-305747-h17l3rt6	130	11	CPI	CPI	NNP
cord-305747-h17l3rt6	130	12	)	)	-RRB-
cord-305747-h17l3rt6	130	13	,	,	,
cord-305747-h17l3rt6	130	14	and	and	CC
cord-305747-h17l3rt6	130	15	short	short	JJ
cord-305747-h17l3rt6	130	16	-	-	HYPH
cord-305747-h17l3rt6	130	17	term	term	NN
cord-305747-h17l3rt6	130	18	interest	interest	NN
cord-305747-h17l3rt6	130	19	rate	rate	NN
cord-305747-h17l3rt6	130	20	was	be	VBD
cord-305747-h17l3rt6	130	21	the	the	DT
cord-305747-h17l3rt6	130	22	IMF	IMF	NNP
cord-305747-h17l3rt6	130	23	IFS	IFS	NNP
cord-305747-h17l3rt6	130	24	.	.	.
cord-305747-h17l3rt6	131	1	If	if	IN
cord-305747-h17l3rt6	131	2	for	for	IN
cord-305747-h17l3rt6	131	3	any	any	DT
cord-305747-h17l3rt6	131	4	country	country	NN
cord-305747-h17l3rt6	131	5	these	these	DT
cord-305747-h17l3rt6	131	6	data	datum	NNS
cord-305747-h17l3rt6	131	7	were	be	VBD
cord-305747-h17l3rt6	131	8	not	not	RB
cord-305747-h17l3rt6	131	9	available	available	JJ
cord-305747-h17l3rt6	131	10	we	-PRON-	PRP
cord-305747-h17l3rt6	131	11	used	use	VBD
cord-305747-h17l3rt6	131	12	the	the	DT
cord-305747-h17l3rt6	131	13	OECD	OECD	NNP
cord-305747-h17l3rt6	131	14	MEI	MEI	NNP
cord-305747-h17l3rt6	131	15	database	database	NN
cord-305747-h17l3rt6	131	16	.	.	.
cord-305747-h17l3rt6	132	1	If	if	IN
cord-305747-h17l3rt6	132	2	the	the	DT
cord-305747-h17l3rt6	132	3	data	datum	NNS
cord-305747-h17l3rt6	132	4	were	be	VBD
cord-305747-h17l3rt6	132	5	still	still	RB
cord-305747-h17l3rt6	132	6	not	not	RB
cord-305747-h17l3rt6	132	7	available	available	JJ
cord-305747-h17l3rt6	132	8	we	-PRON-	PRP
cord-305747-h17l3rt6	132	9	used	use	VBD
cord-305747-h17l3rt6	132	10	national	national	JJ
cord-305747-h17l3rt6	132	11	sources	source	NNS
cord-305747-h17l3rt6	132	12	of	of	IN
cord-305747-h17l3rt6	132	13	data	datum	NNS
cord-305747-h17l3rt6	132	14	,	,	,
cord-305747-h17l3rt6	132	15	and	and	CC
cord-305747-h17l3rt6	132	16	next	next	JJ
cord-305747-h17l3rt6	132	17	annual	annual	JJ
cord-305747-h17l3rt6	132	18	data	datum	NNS
cord-305747-h17l3rt6	132	19	from	from	IN
cord-305747-h17l3rt6	132	20	the	the	DT
cord-305747-h17l3rt6	132	21	IMF	IMF	NNP
cord-305747-h17l3rt6	132	22	WEO	WEO	NNP
cord-305747-h17l3rt6	132	23	(	(	-LRB-
cord-305747-h17l3rt6	132	24	with	with	IN
cord-305747-h17l3rt6	132	25	Chow	Chow	NNP
cord-305747-h17l3rt6	132	26	-	-	HYPH
cord-305747-h17l3rt6	132	27	Lin	Lin	NNP
cord-305747-h17l3rt6	132	28	interpolation	interpolation	NN
cord-305747-h17l3rt6	132	29	)	)	-RRB-
cord-305747-h17l3rt6	132	30	.	.	.
cord-305747-h17l3rt6	133	1	In	in	IN
cord-305747-h17l3rt6	133	2	cases	case	NNS
cord-305747-h17l3rt6	133	3	of	of	IN
cord-305747-h17l3rt6	133	4	data	datum	NNS
cord-305747-h17l3rt6	133	5	on	on	IN
cord-305747-h17l3rt6	133	6	stock	stock	NN
cord-305747-h17l3rt6	133	7	market	market	NN
cord-305747-h17l3rt6	133	8	indexes	index	NNS
cord-305747-h17l3rt6	133	9	the	the	DT
cord-305747-h17l3rt6	133	10	primary	primary	JJ
cord-305747-h17l3rt6	133	11	data	datum	NNS
cord-305747-h17l3rt6	133	12	source	source	NN
cord-305747-h17l3rt6	133	13	was	be	VBD
cord-305747-h17l3rt6	133	14	MSCI	MSCI	NNP
cord-305747-h17l3rt6	133	15	.	.	.
cord-305747-h17l3rt6	134	1	If	if	IN
cord-305747-h17l3rt6	134	2	the	the	DT
cord-305747-h17l3rt6	134	3	data	datum	NNS
cord-305747-h17l3rt6	134	4	were	be	VBD
cord-305747-h17l3rt6	134	5	not	not	RB
cord-305747-h17l3rt6	134	6	available	available	JJ
cord-305747-h17l3rt6	134	7	we	-PRON-	PRP
cord-305747-h17l3rt6	134	8	used	use	VBD
cord-305747-h17l3rt6	134	9	the	the	DT
cord-305747-h17l3rt6	134	10	data	datum	NNS
cord-305747-h17l3rt6	134	11	sources	source	NNS
cord-305747-h17l3rt6	134	12	listed	list	VBN
cord-305747-h17l3rt6	134	13	above	above	RB
cord-305747-h17l3rt6	134	14	.	.	.
cord-305747-h17l3rt6	135	1	The	the	DT
cord-305747-h17l3rt6	135	2	data	datum	NNS
cord-305747-h17l3rt6	135	3	on	on	IN
cord-305747-h17l3rt6	135	4	real	real	JJ
cord-305747-h17l3rt6	135	5	effective	effective	JJ
cord-305747-h17l3rt6	135	6	exchange	exchange	NN
cord-305747-h17l3rt6	135	7	rates	rate	NNS
cord-305747-h17l3rt6	135	8	(	(	-LRB-
cord-305747-h17l3rt6	135	9	REER	REER	NNP
cord-305747-h17l3rt6	135	10	)	)	-RRB-
cord-305747-h17l3rt6	135	11	for	for	IN
cord-305747-h17l3rt6	135	12	each	each	DT
cord-305747-h17l3rt6	135	13	country	country	NN
cord-305747-h17l3rt6	135	14	was	be	VBD
cord-305747-h17l3rt6	135	15	taken	take	VBN
cord-305747-h17l3rt6	135	16	from	from	IN
cord-305747-h17l3rt6	135	17	the	the	DT
cord-305747-h17l3rt6	135	18	Bank	Bank	NNP
cord-305747-h17l3rt6	135	19	of	of	IN
cord-305747-h17l3rt6	135	20	International	International	NNP
cord-305747-h17l3rt6	135	21	Settlements	Settlements	NNPS
cord-305747-h17l3rt6	135	22	(	(	-LRB-
cord-305747-h17l3rt6	135	23	BIS	BIS	NNP
cord-305747-h17l3rt6	135	24	)	)	-RRB-
cord-305747-h17l3rt6	135	25	.	.	.
cord-305747-h17l3rt6	136	1	The	the	DT
cord-305747-h17l3rt6	136	2	monthly	monthly	JJ
cord-305747-h17l3rt6	136	3	data	datum	NNS
cord-305747-h17l3rt6	136	4	were	be	VBD
cord-305747-h17l3rt6	136	5	aggregated	aggregate	VBN
cord-305747-h17l3rt6	136	6	to	to	IN
cord-305747-h17l3rt6	136	7	quarterly	quarterly	JJ
cord-305747-h17l3rt6	136	8	frequency	frequency	NN
cord-305747-h17l3rt6	136	9	.	.	.
cord-305747-h17l3rt6	137	1	An	an	DT
cord-305747-h17l3rt6	137	2	increase	increase	NN
cord-305747-h17l3rt6	137	3	in	in	IN
cord-305747-h17l3rt6	137	4	the	the	DT
cord-305747-h17l3rt6	137	5	REER	REER	NNP
cord-305747-h17l3rt6	137	6	index	index	NN
cord-305747-h17l3rt6	137	7	indicates	indicate	VBZ
cord-305747-h17l3rt6	137	8	an	an	DT
cord-305747-h17l3rt6	137	9	appreciation	appreciation	NN
cord-305747-h17l3rt6	137	10	.	.	.
cord-305747-h17l3rt6	138	1	Detailed	detailed	JJ
cord-305747-h17l3rt6	138	2	data	data	NN
cord-305747-h17l3rt6	138	3	sources	source	NNS
cord-305747-h17l3rt6	138	4	for	for	IN
cord-305747-h17l3rt6	138	5	each	each	DT
cord-305747-h17l3rt6	138	6	country	country	NN
cord-305747-h17l3rt6	138	7	are	be	VBP
cord-305747-h17l3rt6	138	8	presented	present	VBN
cord-305747-h17l3rt6	138	9	in	in	IN
cord-305747-h17l3rt6	138	10	Table	Table	NNP
cord-305747-h17l3rt6	138	11	3	3	CD
cord-305747-h17l3rt6	138	12	.	.	.
cord-305747-h17l3rt6	139	1	12	12	CD
cord-305747-h17l3rt6	139	2	Real	real	JJ
cord-305747-h17l3rt6	139	3	GDP	GDP	NNP
cord-305747-h17l3rt6	139	4	,	,	,
cord-305747-h17l3rt6	139	5	CPI	CPI	NNP
cord-305747-h17l3rt6	139	6	,	,	,
cord-305747-h17l3rt6	139	7	stock	stock	NN
cord-305747-h17l3rt6	139	8	market	market	NN
cord-305747-h17l3rt6	139	9	indexes	index	NNS
cord-305747-h17l3rt6	139	10	,	,	,
cord-305747-h17l3rt6	139	11	and	and	CC
cord-305747-h17l3rt6	139	12	REER	REER	NNP
cord-305747-h17l3rt6	139	13	are	be	VBP
cord-305747-h17l3rt6	139	14	2010	2010	CD
cord-305747-h17l3rt6	139	15	indices	index	NNS
cord-305747-h17l3rt6	139	16	(	(	-LRB-
cord-305747-h17l3rt6	139	17	2010	2010	CD
cord-305747-h17l3rt6	139	18	=	=	SYM
cord-305747-h17l3rt6	139	19	100	100	CD
cord-305747-h17l3rt6	139	20	)	)	-RRB-
cord-305747-h17l3rt6	139	21	.	.	.
cord-305747-h17l3rt6	140	1	These	these	DT
cord-305747-h17l3rt6	140	2	variables	variable	NNS
cord-305747-h17l3rt6	140	3	are	be	VBP
cord-305747-h17l3rt6	140	4	in	in	IN
cord-305747-h17l3rt6	140	5	logarithms	logarithm	NNS
cord-305747-h17l3rt6	140	6	.	.	.
cord-305747-h17l3rt6	141	1	Oil	oil	NN
cord-305747-h17l3rt6	141	2	prices	price	NNS
cord-305747-h17l3rt6	141	3	were	be	VBD
cord-305747-h17l3rt6	141	4	taken	take	VBN
cord-305747-h17l3rt6	141	5	from	from	IN
cord-305747-h17l3rt6	141	6	FRED	FRED	NNP
cord-305747-h17l3rt6	141	7	,	,	,
cord-305747-h17l3rt6	141	8	as	as	IN
cord-305747-h17l3rt6	141	9	an	an	DT
cord-305747-h17l3rt6	141	10	average	average	NN
cord-305747-h17l3rt6	141	11	from	from	IN
cord-305747-h17l3rt6	141	12	Brent	Brent	NNP
cord-305747-h17l3rt6	141	13	,	,	,
cord-305747-h17l3rt6	141	14	West	West	NNP
cord-305747-h17l3rt6	141	15	Texas	Texas	NNP
cord-305747-h17l3rt6	141	16	Intermediate	Intermediate	NNP
cord-305747-h17l3rt6	141	17	and	and	CC
cord-305747-h17l3rt6	141	18	Dubai	Dubai	NNP
cord-305747-h17l3rt6	141	19	Fateh	Fateh	NNP
cord-305747-h17l3rt6	141	20	indexes	index	NNS
cord-305747-h17l3rt6	141	21	.	.	.
cord-305747-h17l3rt6	142	1	We	-PRON-	PRP
cord-305747-h17l3rt6	142	2	used	use	VBD
cord-305747-h17l3rt6	142	3	the	the	DT
cord-305747-h17l3rt6	142	4	World	World	NNP
cord-305747-h17l3rt6	142	5	Economic	Economic	NNP
cord-305747-h17l3rt6	142	6	Outlook	Outlook	NNP
cord-305747-h17l3rt6	142	7	database	database	NN
cord-305747-h17l3rt6	142	8	of	of	IN
cord-305747-h17l3rt6	142	9	the	the	DT
cord-305747-h17l3rt6	142	10	IMF	IMF	NNP
cord-305747-h17l3rt6	142	11	for	for	IN
cord-305747-h17l3rt6	142	12	construction	construction	NN
cord-305747-h17l3rt6	142	13	of	of	IN
cord-305747-h17l3rt6	142	14	the	the	DT
cord-305747-h17l3rt6	142	15	country	country	NN
cord-305747-h17l3rt6	142	16	-	-	HYPH
cord-305747-h17l3rt6	142	17	specific	specific	JJ
cord-305747-h17l3rt6	142	18	PPP	PPP	NNP
cord-305747-h17l3rt6	142	19	-	-	HYPH
cord-305747-h17l3rt6	142	20	GDP	GDP	NNP
cord-305747-h17l3rt6	142	21	weights	weight	NNS
cord-305747-h17l3rt6	142	22	.	.	.
cord-305747-h17l3rt6	143	1	We	-PRON-	PRP
cord-305747-h17l3rt6	143	2	took	take	VBD
cord-305747-h17l3rt6	143	3	the	the	DT
cord-305747-h17l3rt6	143	4	average	average	NN
cord-305747-h17l3rt6	143	5	from	from	IN
cord-305747-h17l3rt6	143	6	1995	1995	CD
cord-305747-h17l3rt6	143	7	to	to	IN
cord-305747-h17l3rt6	143	8	2017	2017	CD
cord-305747-h17l3rt6	143	9	from	from	IN
cord-305747-h17l3rt6	143	10	the	the	DT
cord-305747-h17l3rt6	143	11	annual	annual	JJ
cord-305747-h17l3rt6	143	12	data	datum	NNS
cord-305747-h17l3rt6	143	13	on	on	IN
cord-305747-h17l3rt6	143	14	purchasing	purchase	VBG
cord-305747-h17l3rt6	143	15	power	power	NN
cord-305747-h17l3rt6	143	16	parity	parity	NN
cord-305747-h17l3rt6	143	17	in	in	IN
cord-305747-h17l3rt6	143	18	billions	billion	NNS
cord-305747-h17l3rt6	143	19	of	of	IN
cord-305747-h17l3rt6	143	20	international	international	JJ
cord-305747-h17l3rt6	143	21	dollars	dollar	NNS
cord-305747-h17l3rt6	143	22	.	.	.
cord-305747-h17l3rt6	144	1	The	the	DT
cord-305747-h17l3rt6	144	2	matrixes	matrix	NNS
cord-305747-h17l3rt6	144	3	of	of	IN
cord-305747-h17l3rt6	144	4	trade	trade	NN
cord-305747-h17l3rt6	144	5	flows	flow	NNS
cord-305747-h17l3rt6	144	6	were	be	VBD
cord-305747-h17l3rt6	144	7	constructed	construct	VBN
cord-305747-h17l3rt6	144	8	on	on	IN
cord-305747-h17l3rt6	144	9	the	the	DT
cord-305747-h17l3rt6	144	10	basis	basis	NN
cord-305747-h17l3rt6	144	11	of	of	IN
cord-305747-h17l3rt6	144	12	International	International	NNP
cord-305747-h17l3rt6	144	13	Monetary	Monetary	NNP
cord-305747-h17l3rt6	144	14	Fund	Fund	NNP
cord-305747-h17l3rt6	144	15	statistics	statistic	NNS
cord-305747-h17l3rt6	144	16	,	,	,
cord-305747-h17l3rt6	144	17	namely	namely	RB
cord-305747-h17l3rt6	144	18	the	the	DT
cord-305747-h17l3rt6	144	19	Direction	Direction	NNP
cord-305747-h17l3rt6	144	20	of	of	IN
cord-305747-h17l3rt6	144	21	Trade	Trade	NNP
cord-305747-h17l3rt6	144	22	Statistics	Statistics	NNPS
cord-305747-h17l3rt6	144	23	(	(	-LRB-
cord-305747-h17l3rt6	144	24	DOTS	DOTS	NNP
cord-305747-h17l3rt6	144	25	)	)	-RRB-
cord-305747-h17l3rt6	144	26	.	.	.
cord-305747-h17l3rt6	145	1	These	these	DT
cord-305747-h17l3rt6	145	2	are	be	VBP
cord-305747-h17l3rt6	145	3	annual	annual	JJ
cord-305747-h17l3rt6	145	4	data	datum	NNS
cord-305747-h17l3rt6	145	5	,	,	,
cord-305747-h17l3rt6	145	6	so	so	RB
cord-305747-h17l3rt6	145	7	they	-PRON-	PRP
cord-305747-h17l3rt6	145	8	allow	allow	VBP
cord-305747-h17l3rt6	145	9	the	the	DT
cord-305747-h17l3rt6	145	10	construction	construction	NN
cord-305747-h17l3rt6	145	11	of	of	IN
cord-305747-h17l3rt6	145	12	trade	trade	NN
cord-305747-h17l3rt6	145	13	flows	flow	NNS
cord-305747-h17l3rt6	145	14	matrix	matrix	NN
cord-305747-h17l3rt6	145	15	for	for	IN
cord-305747-h17l3rt6	145	16	each	each	DT
cord-305747-h17l3rt6	145	17	year	year	NN
cord-305747-h17l3rt6	145	18	separately	separately	RB
cord-305747-h17l3rt6	145	19	and	and	CC
cord-305747-h17l3rt6	145	20	subsequent	subsequent	JJ
cord-305747-h17l3rt6	145	21	estimation	estimation	NN
cord-305747-h17l3rt6	145	22	of	of	IN
cord-305747-h17l3rt6	145	23	the	the	DT
cord-305747-h17l3rt6	145	24	model	model	NN
cord-305747-h17l3rt6	145	25	with	with	IN
cord-305747-h17l3rt6	145	26	time	time	NN
cord-305747-h17l3rt6	145	27	-	-	HYPH
cord-305747-h17l3rt6	145	28	varying	vary	VBG
cord-305747-h17l3rt6	145	29	link	link	NN
cord-305747-h17l3rt6	145	30	matrixes	matrix	NNS
cord-305747-h17l3rt6	145	31	.	.	.
cord-305747-h17l3rt6	146	1	It	-PRON-	PRP
cord-305747-h17l3rt6	146	2	is	be	VBZ
cord-305747-h17l3rt6	146	3	important	important	JJ
cord-305747-h17l3rt6	146	4	to	to	TO
cord-305747-h17l3rt6	146	5	note	note	VB
cord-305747-h17l3rt6	146	6	,	,	,
cord-305747-h17l3rt6	146	7	that	that	IN
cord-305747-h17l3rt6	146	8	the	the	DT
cord-305747-h17l3rt6	146	9	data	datum	NNS
cord-305747-h17l3rt6	146	10	for	for	IN
cord-305747-h17l3rt6	146	11	Chinese	chinese	JJ
cord-305747-h17l3rt6	146	12	Taipei	Taipei	NNP
cord-305747-h17l3rt6	146	13	as	as	IN
cord-305747-h17l3rt6	146	14	a	a	DT
cord-305747-h17l3rt6	146	15	reporting	report	VBG
cord-305747-h17l3rt6	146	16	country	country	NN
cord-305747-h17l3rt6	146	17	were	be	VBD
cord-305747-h17l3rt6	146	18	not	not	RB
cord-305747-h17l3rt6	146	19	available	available	JJ
cord-305747-h17l3rt6	146	20	.	.	.
cord-305747-h17l3rt6	147	1	The	the	DT
cord-305747-h17l3rt6	147	2	data	datum	NNS
cord-305747-h17l3rt6	147	3	for	for	IN
cord-305747-h17l3rt6	147	4	Chinese	chinese	JJ
cord-305747-h17l3rt6	147	5	Taipei	Taipei	NNP
cord-305747-h17l3rt6	147	6	were	be	VBD
cord-305747-h17l3rt6	147	7	available	available	JJ
cord-305747-h17l3rt6	147	8	only	only	RB
cord-305747-h17l3rt6	147	9	as	as	IN
cord-305747-h17l3rt6	147	10	a	a	DT
cord-305747-h17l3rt6	147	11	counterpart	counterpart	NN
cord-305747-h17l3rt6	147	12	country	country	NN
cord-305747-h17l3rt6	147	13	.	.	.
cord-305747-h17l3rt6	148	1	Thus	thus	RB
cord-305747-h17l3rt6	148	2	,	,	,
cord-305747-h17l3rt6	148	3	we	-PRON-	PRP
cord-305747-h17l3rt6	148	4	made	make	VBD
cord-305747-h17l3rt6	148	5	the	the	DT
cord-305747-h17l3rt6	148	6	symmetry	symmetry	NN
cord-305747-h17l3rt6	148	7	assumption	assumption	NN
cord-305747-h17l3rt6	148	8	here	here	RB
cord-305747-h17l3rt6	148	9	(	(	-LRB-
cord-305747-h17l3rt6	148	10	meaning	mean	VBG
cord-305747-h17l3rt6	148	11	that	that	IN
cord-305747-h17l3rt6	148	12	,	,	,
cord-305747-h17l3rt6	148	13	for	for	IN
cord-305747-h17l3rt6	148	14	example	example	NN
cord-305747-h17l3rt6	148	15	,	,	,
cord-305747-h17l3rt6	148	16	the	the	DT
cord-305747-h17l3rt6	148	17	value	value	NN
cord-305747-h17l3rt6	148	18	of	of	IN
cord-305747-h17l3rt6	148	19	export	export	NN
cord-305747-h17l3rt6	148	20	and	and	CC
cord-305747-h17l3rt6	148	21	import	import	NN
cord-305747-h17l3rt6	148	22	from	from	IN
cord-305747-h17l3rt6	148	23	China	China	NNP
cord-305747-h17l3rt6	148	24	to	to	IN
cord-305747-h17l3rt6	148	25	Taipei	Taipei	NNP
cord-305747-h17l3rt6	148	26	equals	equal	VBZ
cord-305747-h17l3rt6	148	27	the	the	DT
cord-305747-h17l3rt6	148	28	value	value	NN
cord-305747-h17l3rt6	148	29	of	of	IN
cord-305747-h17l3rt6	148	30	export	export	NN
cord-305747-h17l3rt6	148	31	and	and	CC
cord-305747-h17l3rt6	148	32	import	import	NN
cord-305747-h17l3rt6	148	33	from	from	IN
cord-305747-h17l3rt6	148	34	Taipei	Taipei	NNP
cord-305747-h17l3rt6	148	35	to	to	IN
cord-305747-h17l3rt6	148	36	China	China	NNP
cord-305747-h17l3rt6	148	37	)	)	-RRB-
cord-305747-h17l3rt6	148	38	.	.	.
cord-305747-h17l3rt6	149	1	Also	also	RB
cord-305747-h17l3rt6	149	2	there	there	EX
cord-305747-h17l3rt6	149	3	were	be	VBD
cord-305747-h17l3rt6	149	4	no	no	DT
cord-305747-h17l3rt6	149	5	data	data	NN
cord-305747-h17l3rt6	149	6	for	for	IN
cord-305747-h17l3rt6	149	7	South	South	NNP
cord-305747-h17l3rt6	149	8	Africa	Africa	NNP
cord-305747-h17l3rt6	149	9	from	from	IN
cord-305747-h17l3rt6	149	10	1995	1995	CD
cord-305747-h17l3rt6	149	11	to	to	IN
cord-305747-h17l3rt6	149	12	1997	1997	CD
cord-305747-h17l3rt6	149	13	and	and	CC
cord-305747-h17l3rt6	149	14	we	-PRON-	PRP
cord-305747-h17l3rt6	149	15	decided	decide	VBD
cord-305747-h17l3rt6	149	16	to	to	TO
cord-305747-h17l3rt6	149	17	replace	replace	VB
cord-305747-h17l3rt6	149	18	the	the	DT
cord-305747-h17l3rt6	149	19	empty	empty	JJ
cord-305747-h17l3rt6	149	20	spaces	space	NNS
cord-305747-h17l3rt6	149	21	using	use	VBG
cord-305747-h17l3rt6	149	22	data	datum	NNS
cord-305747-h17l3rt6	149	23	from	from	IN
cord-305747-h17l3rt6	149	24	1998	1998	CD
cord-305747-h17l3rt6	149	25	.	.	.
cord-305747-h17l3rt6	150	1	We	-PRON-	PRP
cord-305747-h17l3rt6	150	2	took	take	VBD
cord-305747-h17l3rt6	150	3	data	datum	NNS
cord-305747-h17l3rt6	150	4	on	on	IN
cord-305747-h17l3rt6	150	5	the	the	DT
cord-305747-h17l3rt6	150	6	structure	structure	NN
cord-305747-h17l3rt6	150	7	of	of	IN
cord-305747-h17l3rt6	150	8	international	international	JJ
cord-305747-h17l3rt6	150	9	trade	trade	NN
cord-305747-h17l3rt6	150	10	from	from	IN
cord-305747-h17l3rt6	150	11	the	the	DT
cord-305747-h17l3rt6	150	12	WTO	WTO	NNP
cord-305747-h17l3rt6	150	13	.	.	.
cord-305747-h17l3rt6	151	1	The	the	DT
cord-305747-h17l3rt6	151	2	structure	structure	NN
cord-305747-h17l3rt6	151	3	of	of	IN
cord-305747-h17l3rt6	151	4	GVA	GVA	NNP
cord-305747-h17l3rt6	151	5	,	,	,
cord-305747-h17l3rt6	151	6	measures	measure	NNS
cord-305747-h17l3rt6	151	7	of	of	IN
cord-305747-h17l3rt6	151	8	trade	trade	NN
cord-305747-h17l3rt6	151	9	openness	openness	NN
cord-305747-h17l3rt6	151	10	,	,	,
cord-305747-h17l3rt6	151	11	size	size	NN
cord-305747-h17l3rt6	151	12	,	,	,
cord-305747-h17l3rt6	151	13	development	development	NN
cord-305747-h17l3rt6	151	14	and	and	CC
cord-305747-h17l3rt6	151	15	tariffs	tariff	NNS
cord-305747-h17l3rt6	151	16	were	be	VBD
cord-305747-h17l3rt6	151	17	taken	take	VBN
cord-305747-h17l3rt6	151	18	from	from	IN
cord-305747-h17l3rt6	151	19	the	the	DT
cord-305747-h17l3rt6	151	20	World	World	NNP
cord-305747-h17l3rt6	151	21	Bank	Bank	NNP
cord-305747-h17l3rt6	151	22	.	.	.
cord-305747-h17l3rt6	152	1	We	-PRON-	PRP
cord-305747-h17l3rt6	152	2	used	use	VBD
cord-305747-h17l3rt6	152	3	the	the	DT
cord-305747-h17l3rt6	152	4	updated	update	VBN
cord-305747-h17l3rt6	152	5	versions	version	NNS
cord-305747-h17l3rt6	152	6	of	of	IN
cord-305747-h17l3rt6	152	7	databases	database	NNS
cord-305747-h17l3rt6	152	8	from	from	IN
cord-305747-h17l3rt6	152	9	Chinn	Chinn	NNP
cord-305747-h17l3rt6	152	10	and	and	CC
cord-305747-h17l3rt6	152	11	Ito	Ito	NNP
cord-305747-h17l3rt6	152	12	(	(	-LRB-
cord-305747-h17l3rt6	152	13	2006	2006	CD
cord-305747-h17l3rt6	152	14	)	)	-RRB-
cord-305747-h17l3rt6	152	15	,	,	,
cord-305747-h17l3rt6	152	16	and	and	CC
cord-305747-h17l3rt6	152	17	Klein	Klein	NNP
cord-305747-h17l3rt6	152	18	and	and	CC
cord-305747-h17l3rt6	152	19	Shambaugh	Shambaugh	NNP
cord-305747-h17l3rt6	152	20	(	(	-LRB-
cord-305747-h17l3rt6	152	21	2008	2008	CD
cord-305747-h17l3rt6	152	22	)	)	-RRB-
cord-305747-h17l3rt6	152	23	for	for	IN
cord-305747-h17l3rt6	152	24	financial	financial	JJ
cord-305747-h17l3rt6	152	25	openness	openness	NN
cord-305747-h17l3rt6	152	26	and	and	CC
cord-305747-h17l3rt6	152	27	exchange	exchange	NN
cord-305747-h17l3rt6	152	28	rate	rate	NN
cord-305747-h17l3rt6	152	29	regimes	regime	NNS
cord-305747-h17l3rt6	152	30	,	,	,
cord-305747-h17l3rt6	152	31	respectively	respectively	RB
cord-305747-h17l3rt6	152	32	.	.	.
cord-305747-h17l3rt6	153	1	The	the	DT
cord-305747-h17l3rt6	153	2	size	size	NN
cord-305747-h17l3rt6	153	3	of	of	IN
cord-305747-h17l3rt6	153	4	international	international	JJ
cord-305747-h17l3rt6	153	5	investment	investment	NN
cord-305747-h17l3rt6	153	6	positions	position	NNS
cord-305747-h17l3rt6	153	7	was	be	VBD
cord-305747-h17l3rt6	153	8	taken	take	VBN
cord-305747-h17l3rt6	153	9	from	from	IN
cord-305747-h17l3rt6	153	10	the	the	DT
cord-305747-h17l3rt6	153	11	IMF	IMF	NNP
cord-305747-h17l3rt6	153	12	,	,	,
cord-305747-h17l3rt6	153	13	distances	distance	NNS
cord-305747-h17l3rt6	153	14	were	be	VBD
cord-305747-h17l3rt6	153	15	from	from	IN
cord-305747-h17l3rt6	153	16	the	the	DT
cord-305747-h17l3rt6	153	17	Distance	Distance	NNP
cord-305747-h17l3rt6	153	18	Calculator	Calculator	NNP
cord-305747-h17l3rt6	153	19	webpage	webpage	NN
cord-305747-h17l3rt6	154	1	(	(	-LRB-
cord-305747-h17l3rt6	154	2	www.dista	www.dista	NNP
cord-305747-h17l3rt6	154	3	nceca	nceca	NNP
cord-305747-h17l3rt6	154	4	lcula	lcula	NNP
cord-305747-h17l3rt6	154	5	tor.net	tor.net	NNP
cord-305747-h17l3rt6	154	6	)	)	-RRB-
cord-305747-h17l3rt6	154	7	and	and	CC
cord-305747-h17l3rt6	154	8	the	the	DT
cord-305747-h17l3rt6	154	9	participation	participation	NN
cord-305747-h17l3rt6	154	10	in	in	IN
cord-305747-h17l3rt6	154	11	global	global	JJ
cord-305747-h17l3rt6	154	12	value	value	NN
cord-305747-h17l3rt6	154	13	chains	chain	NNS
cord-305747-h17l3rt6	154	14	-	-	:
cord-305747-h17l3rt6	154	15	from	from	IN
cord-305747-h17l3rt6	154	16	the	the	DT
cord-305747-h17l3rt6	154	17	OECD	OECD	NNP
cord-305747-h17l3rt6	154	18	.	.	.
cord-305747-h17l3rt6	155	1	We	-PRON-	PRP
cord-305747-h17l3rt6	155	2	computed	compute	VBD
cord-305747-h17l3rt6	155	3	an	an	DT
cord-305747-h17l3rt6	155	4	average	average	NN
cord-305747-h17l3rt6	155	5	over	over	IN
cord-305747-h17l3rt6	155	6	the	the	DT
cord-305747-h17l3rt6	155	7	period	period	NN
cord-305747-h17l3rt6	155	8	1995	1995	CD
cord-305747-h17l3rt6	155	9	-	-	SYM
cord-305747-h17l3rt6	155	10	2015	2015	CD
cord-305747-h17l3rt6	155	11	for	for	IN
cord-305747-h17l3rt6	155	12	each	each	DT
cord-305747-h17l3rt6	155	13	variable	variable	NN
cord-305747-h17l3rt6	155	14	.	.	.
cord-305747-h17l3rt6	156	1	Due	due	IN
cord-305747-h17l3rt6	156	2	to	to	IN
cord-305747-h17l3rt6	156	3	the	the	DT
cord-305747-h17l3rt6	156	4	large	large	JJ
cord-305747-h17l3rt6	156	5	number	number	NN
cord-305747-h17l3rt6	156	6	of	of	IN
cord-305747-h17l3rt6	156	7	missing	miss	VBG
cord-305747-h17l3rt6	156	8	observations	observation	NNS
cord-305747-h17l3rt6	156	9	in	in	IN
cord-305747-h17l3rt6	156	10	data	datum	NNS
cord-305747-h17l3rt6	156	11	on	on	IN
cord-305747-h17l3rt6	156	12	structural	structural	JJ
cord-305747-h17l3rt6	156	13	characteristics	characteristic	NNS
cord-305747-h17l3rt6	156	14	we	-PRON-	PRP
cord-305747-h17l3rt6	156	15	removed	remove	VBD
cord-305747-h17l3rt6	156	16	Algeria	Algeria	NNP
cord-305747-h17l3rt6	156	17	,	,	,
cord-305747-h17l3rt6	156	18	the	the	DT
cord-305747-h17l3rt6	156	19	euro	euro	NN
cord-305747-h17l3rt6	156	20	area	area	NN
cord-305747-h17l3rt6	156	21	,	,	,
cord-305747-h17l3rt6	156	22	Israel	Israel	NNP
cord-305747-h17l3rt6	156	23	,	,	,
cord-305747-h17l3rt6	156	24	and	and	CC
cord-305747-h17l3rt6	156	25	Taiwan	Taiwan	NNP
cord-305747-h17l3rt6	156	26	from	from	IN
cord-305747-h17l3rt6	156	27	the	the	DT
cord-305747-h17l3rt6	156	28	BMA	BMA	NNP
cord-305747-h17l3rt6	156	29	analysis	analysis	NN
cord-305747-h17l3rt6	156	30	.	.	.
cord-305747-h17l3rt6	157	1	These	these	DT
cord-305747-h17l3rt6	157	2	economies	economy	NNS
cord-305747-h17l3rt6	157	3	,	,	,
cord-305747-h17l3rt6	157	4	however	however	RB
cord-305747-h17l3rt6	157	5	,	,	,
cord-305747-h17l3rt6	157	6	were	be	VBD
cord-305747-h17l3rt6	157	7	included	include	VBN
cord-305747-h17l3rt6	157	8	in	in	IN
cord-305747-h17l3rt6	157	9	the	the	DT
cord-305747-h17l3rt6	157	10	GVAR	GVAR	NNP
cord-305747-h17l3rt6	157	11	and	and	CC
cord-305747-h17l3rt6	157	12	BVAR	BVAR	NNP
cord-305747-h17l3rt6	157	13	models	model	NNS
cord-305747-h17l3rt6	157	14	.	.	.
cord-305747-h17l3rt6	157	15	 	 	_SP
cord-305747-h17l3rt6	158	1	In	in	IN
cord-305747-h17l3rt6	158	2	this	this	DT
cord-305747-h17l3rt6	158	3	section	section	NN
cord-305747-h17l3rt6	158	4	we	-PRON-	PRP
cord-305747-h17l3rt6	158	5	describe	describe	VBP
cord-305747-h17l3rt6	158	6	the	the	DT
cord-305747-h17l3rt6	158	7	influence	influence	NN
cord-305747-h17l3rt6	158	8	of	of	IN
cord-305747-h17l3rt6	158	9	negative	negative	JJ
cord-305747-h17l3rt6	158	10	demand	demand	NN
cord-305747-h17l3rt6	158	11	shock	shock	NN
cord-305747-h17l3rt6	158	12	in	in	IN
cord-305747-h17l3rt6	158	13	China	China	NNP
cord-305747-h17l3rt6	158	14	on	on	IN
cord-305747-h17l3rt6	158	15	a	a	DT
cord-305747-h17l3rt6	158	16	set	set	NN
cord-305747-h17l3rt6	158	17	of	of	IN
cord-305747-h17l3rt6	158	18	economies	economy	NNS
cord-305747-h17l3rt6	158	19	.	.	.
cord-305747-h17l3rt6	159	1	We	-PRON-	PRP
cord-305747-h17l3rt6	159	2	report	report	VBP
cord-305747-h17l3rt6	159	3	output	output	NN
cord-305747-h17l3rt6	159	4	elasticities	elasticity	NNS
cord-305747-h17l3rt6	159	5	for	for	IN
cord-305747-h17l3rt6	159	6	specific	specific	JJ
cord-305747-h17l3rt6	159	7	countries	country	NNS
cord-305747-h17l3rt6	159	8	following	follow	VBG
cord-305747-h17l3rt6	159	9	a	a	DT
cord-305747-h17l3rt6	159	10	1	1	CD
cord-305747-h17l3rt6	159	11	%	%	NN
cord-305747-h17l3rt6	159	12	negative	negative	JJ
cord-305747-h17l3rt6	159	13	GDP	gdp	NN
cord-305747-h17l3rt6	159	14	shock	shock	NN
cord-305747-h17l3rt6	159	15	in	in	IN
cord-305747-h17l3rt6	159	16	China	China	NNP
cord-305747-h17l3rt6	159	17	.	.	.
cord-305747-h17l3rt6	160	1	Figure	figure	NN
cord-305747-h17l3rt6	160	2	1	1	CD
cord-305747-h17l3rt6	160	3	presents	present	VBZ
cord-305747-h17l3rt6	160	4	the	the	DT
cord-305747-h17l3rt6	160	5	negative	negative	JJ
cord-305747-h17l3rt6	160	6	demand	demand	NN
cord-305747-h17l3rt6	160	7	shock	shock	NN
cord-305747-h17l3rt6	160	8	in	in	IN
cord-305747-h17l3rt6	160	9	China	China	NNP
cord-305747-h17l3rt6	160	10	from	from	IN
cord-305747-h17l3rt6	160	11	the	the	DT
cord-305747-h17l3rt6	160	12	GVAR	GVAR	NNP
cord-305747-h17l3rt6	160	13	model	model	NN
cord-305747-h17l3rt6	160	14	,	,	,
cord-305747-h17l3rt6	160	15	which	which	WDT
cord-305747-h17l3rt6	160	16	is	be	VBZ
cord-305747-h17l3rt6	160	17	equal	equal	JJ
cord-305747-h17l3rt6	160	18	to	to	IN
cord-305747-h17l3rt6	160	19	1	1	CD
cord-305747-h17l3rt6	160	20	p.p	p.p	NN
cord-305747-h17l3rt6	160	21	.	.	NNP
cord-305747-h17l3rt6	160	22	decrease	decrease	NN
cord-305747-h17l3rt6	160	23	in	in	IN
cord-305747-h17l3rt6	160	24	Chinese	chinese	JJ
cord-305747-h17l3rt6	160	25	GDP	gdp	NN
cord-305747-h17l3rt6	160	26	on	on	IN
cord-305747-h17l3rt6	160	27	impact	impact	NN
cord-305747-h17l3rt6	160	28	,	,	,
cord-305747-h17l3rt6	160	29	and	and	CC
cord-305747-h17l3rt6	160	30	an	an	DT
cord-305747-h17l3rt6	160	31	average	average	JJ
cord-305747-h17l3rt6	160	32	response	response	NN
cord-305747-h17l3rt6	160	33	of	of	IN
cord-305747-h17l3rt6	160	34	the	the	DT
cord-305747-h17l3rt6	160	35	whole	whole	JJ
cord-305747-h17l3rt6	160	36	global	global	JJ
cord-305747-h17l3rt6	160	37	economy	economy	NN
cord-305747-h17l3rt6	160	38	and	and	CC
cord-305747-h17l3rt6	160	39	an	an	DT
cord-305747-h17l3rt6	160	40	average	average	JJ
cord-305747-h17l3rt6	160	41	response	response	NN
cord-305747-h17l3rt6	160	42	of	of	IN
cord-305747-h17l3rt6	160	43	Southeast	Southeast	NNP
cord-305747-h17l3rt6	160	44	Asia	Asia	NNP
cord-305747-h17l3rt6	160	45	and	and	CC
cord-305747-h17l3rt6	160	46	Oceania	Oceania	NNP
cord-305747-h17l3rt6	160	47	.	.	.
cord-305747-h17l3rt6	161	1	The	the	DT
cord-305747-h17l3rt6	161	2	negative	negative	JJ
cord-305747-h17l3rt6	161	3	demand	demand	NN
cord-305747-h17l3rt6	161	4	shock	shock	NN
cord-305747-h17l3rt6	161	5	in	in	IN
cord-305747-h17l3rt6	161	6	China	China	NNP
cord-305747-h17l3rt6	161	7	is	be	VBZ
cord-305747-h17l3rt6	161	8	standardized	standardize	VBN
cord-305747-h17l3rt6	161	9	to	to	IN
cord-305747-h17l3rt6	161	10	1	1	CD
cord-305747-h17l3rt6	161	11	p.p	p.p	NN
cord-305747-h17l3rt6	161	12	.	.	.
cord-305747-h17l3rt6	162	1	(	(	-LRB-
cord-305747-h17l3rt6	162	2	Figure	figure	NN
cord-305747-h17l3rt6	162	3	1a	1a	CD
cord-305747-h17l3rt6	162	4	)	)	-RRB-
cord-305747-h17l3rt6	163	1	.The	.The	.
cord-305747-h17l3rt6	164	1	shock	shock	NN
cord-305747-h17l3rt6	164	2	is	be	VBZ
cord-305747-h17l3rt6	164	3	permanent	permanent	JJ
cord-305747-h17l3rt6	164	4	.	.	.
cord-305747-h17l3rt6	165	1	The	the	DT
cord-305747-h17l3rt6	165	2	presented	present	VBN
cord-305747-h17l3rt6	165	3	GIRFs	GIRFs	NNP
cord-305747-h17l3rt6	165	4	are	be	VBP
cord-305747-h17l3rt6	165	5	bootstrap	bootstrap	JJ
cord-305747-h17l3rt6	165	6	mean	mean	JJ
cord-305747-h17l3rt6	165	7	estimates	estimate	NNS
cord-305747-h17l3rt6	165	8	with	with	IN
cord-305747-h17l3rt6	165	9	the	the	DT
cord-305747-h17l3rt6	165	10	associated	associated	JJ
cord-305747-h17l3rt6	165	11	90	90	CD
cord-305747-h17l3rt6	165	12	%	%	NN
cord-305747-h17l3rt6	165	13	bootstrap	bootstrap	NN
cord-305747-h17l3rt6	165	14	error	error	NN
cord-305747-h17l3rt6	165	15	bounds	bound	VBZ
cord-305747-h17l3rt6	165	16	.	.	.
cord-305747-h17l3rt6	166	1	The	the	DT
cord-305747-h17l3rt6	166	2	maximum	maximum	JJ
cord-305747-h17l3rt6	166	3	response	response	NN
cord-305747-h17l3rt6	166	4	of	of	IN
cord-305747-h17l3rt6	166	5	the	the	DT
cord-305747-h17l3rt6	166	6	whole	whole	JJ
cord-305747-h17l3rt6	166	7	global	global	JJ
cord-305747-h17l3rt6	166	8	economy	economy	NN
cord-305747-h17l3rt6	166	9	to	to	IN
cord-305747-h17l3rt6	166	10	1	1	CD
cord-305747-h17l3rt6	166	11	p.p	p.p	NNP
cord-305747-h17l3rt6	166	12	.	.	.
cord-305747-h17l3rt6	166	13	negative	negative	JJ
cord-305747-h17l3rt6	166	14	demand	demand	NN
cord-305747-h17l3rt6	166	15	shock	shock	NN
cord-305747-h17l3rt6	166	16	in	in	IN
cord-305747-h17l3rt6	166	17	China	China	NNP
cord-305747-h17l3rt6	166	18	is	be	VBZ
cord-305747-h17l3rt6	166	19	equal	equal	JJ
cord-305747-h17l3rt6	166	20	to	to	IN
cord-305747-h17l3rt6	166	21	−0.157	−0.157	NNP
cord-305747-h17l3rt6	166	22	p.p	p.p	NNP
cord-305747-h17l3rt6	166	23	.	.	NNP
cord-305747-h17l3rt6	166	24	after	after	IN
cord-305747-h17l3rt6	166	25	7	7	CD
cord-305747-h17l3rt6	166	26	quarters	quarter	NNS
cord-305747-h17l3rt6	166	27	.	.	.
cord-305747-h17l3rt6	167	1	The	the	DT
cord-305747-h17l3rt6	167	2	maximum	maximum	JJ
cord-305747-h17l3rt6	167	3	response	response	NN
cord-305747-h17l3rt6	167	4	of	of	IN
cord-305747-h17l3rt6	167	5	Southeast	Southeast	NNP
cord-305747-h17l3rt6	167	6	Asia	Asia	NNP
cord-305747-h17l3rt6	167	7	and	and	CC
cord-305747-h17l3rt6	167	8	Oceania	Oceania	NNP
cord-305747-h17l3rt6	167	9	to	to	IN
cord-305747-h17l3rt6	167	10	1	1	CD
cord-305747-h17l3rt6	167	11	p.p	p.p	NNP
cord-305747-h17l3rt6	167	12	.	.	.
cord-305747-h17l3rt6	167	13	negative	negative	JJ
cord-305747-h17l3rt6	167	14	demand	demand	NN
cord-305747-h17l3rt6	167	15	shock	shock	NN
cord-305747-h17l3rt6	167	16	in	in	IN
cord-305747-h17l3rt6	167	17	China	China	NNP
cord-305747-h17l3rt6	167	18	is	be	VBZ
cord-305747-h17l3rt6	167	19	−0.262	−0.262	NNS
cord-305747-h17l3rt6	167	20	p.p	p.p	NNP
cord-305747-h17l3rt6	167	21	.	.	.
cord-305747-h17l3rt6	168	1	after	after	IN
cord-305747-h17l3rt6	168	2	4	4	CD
cord-305747-h17l3rt6	168	3	quarters	quarter	NNS
cord-305747-h17l3rt6	168	4	.	.	.
cord-305747-h17l3rt6	169	1	Thus	thus	RB
cord-305747-h17l3rt6	169	2	,	,	,
cord-305747-h17l3rt6	169	3	the	the	DT
cord-305747-h17l3rt6	169	4	response	response	NN
cord-305747-h17l3rt6	169	5	of	of	IN
cord-305747-h17l3rt6	169	6	neighboring	neighboring	NN
cord-305747-h17l3rt6	169	7	countries	country	NNS
cord-305747-h17l3rt6	169	8	is	be	VBZ
cord-305747-h17l3rt6	169	9	much	much	RB
cord-305747-h17l3rt6	169	10	stronger	strong	JJR
cord-305747-h17l3rt6	169	11	and	and	CC
cord-305747-h17l3rt6	169	12	faster	fast	RBR
cord-305747-h17l3rt6	169	13	than	than	IN
cord-305747-h17l3rt6	169	14	the	the	DT
cord-305747-h17l3rt6	169	15	average	average	JJ
cord-305747-h17l3rt6	169	16	response	response	NN
cord-305747-h17l3rt6	169	17	of	of	IN
cord-305747-h17l3rt6	169	18	other	other	JJ
cord-305747-h17l3rt6	169	19	economies	economy	NNS
cord-305747-h17l3rt6	169	20	.	.	.
cord-305747-h17l3rt6	170	1	Concerning	concern	VBG
cord-305747-h17l3rt6	170	2	Southeast	Southeast	NNP
cord-305747-h17l3rt6	170	3	Asia	Asia	NNP
cord-305747-h17l3rt6	170	4	and	and	CC
cord-305747-h17l3rt6	170	5	Oceania	Oceania	NNP
cord-305747-h17l3rt6	170	6	,	,	,
cord-305747-h17l3rt6	170	7	according	accord	VBG
cord-305747-h17l3rt6	170	8	to	to	IN
cord-305747-h17l3rt6	170	9	the	the	DT
cord-305747-h17l3rt6	170	10	results	result	NNS
cord-305747-h17l3rt6	170	11	from	from	IN
cord-305747-h17l3rt6	170	12	the	the	DT
cord-305747-h17l3rt6	170	13	GVAR	GVAR	NNP
cord-305747-h17l3rt6	170	14	model	model	NN
cord-305747-h17l3rt6	170	15	,	,	,
cord-305747-h17l3rt6	170	16	the	the	DT
cord-305747-h17l3rt6	170	17	strongest	strong	JJS
cord-305747-h17l3rt6	170	18	response	response	NN
cord-305747-h17l3rt6	170	19	of	of	IN
cord-305747-h17l3rt6	170	20	domestic	domestic	JJ
cord-305747-h17l3rt6	170	21	GDP	GDP	NNP
cord-305747-h17l3rt6	170	22	to	to	IN
cord-305747-h17l3rt6	170	23	negative	negative	JJ
cord-305747-h17l3rt6	170	24	GDP	gdp	NN
cord-305747-h17l3rt6	170	25	shock	shock	NN
cord-305747-h17l3rt6	170	26	in	in	IN
cord-305747-h17l3rt6	170	27	China	China	NNP
cord-305747-h17l3rt6	170	28	is	be	VBZ
cord-305747-h17l3rt6	170	29	observed	observe	VBN
cord-305747-h17l3rt6	170	30	in	in	IN
cord-305747-h17l3rt6	170	31	Chinese	chinese	JJ
cord-305747-h17l3rt6	170	32	Taipei	Taipei	NNP
cord-305747-h17l3rt6	170	33	(	(	-LRB-
cord-305747-h17l3rt6	170	34	−0.505	−0.505	NNP
cord-305747-h17l3rt6	170	35	p.p	p.p	NNP
cord-305747-h17l3rt6	170	36	.	.	.
cord-305747-h17l3rt6	171	1	after	after	IN
cord-305747-h17l3rt6	171	2	6	6	CD
cord-305747-h17l3rt6	171	3	quarters	quarter	NNS
cord-305747-h17l3rt6	171	4	)	)	-RRB-
cord-305747-h17l3rt6	171	5	.	.	.
cord-305747-h17l3rt6	172	1	Next	next	RB
cord-305747-h17l3rt6	172	2	we	-PRON-	PRP
cord-305747-h17l3rt6	172	3	list	list	VBP
cord-305747-h17l3rt6	172	4	the	the	DT
cord-305747-h17l3rt6	172	5	countries	country	NNS
cord-305747-h17l3rt6	172	6	from	from	IN
cord-305747-h17l3rt6	172	7	the	the	DT
cord-305747-h17l3rt6	172	8	most	most	JJS
cord-305747-h17l3rt6	172	9	to	to	IN
cord-305747-h17l3rt6	172	10	the	the	DT
cord-305747-h17l3rt6	172	11	least	least	RBS
cord-305747-h17l3rt6	172	12	affected	affected	JJ
cord-305747-h17l3rt6	172	13	:	:	:
cord-305747-h17l3rt6	172	14	the	the	DT
cord-305747-h17l3rt6	172	15	strongest	strong	JJS
cord-305747-h17l3rt6	172	16	response	response	NN
cord-305747-h17l3rt6	172	17	of	of	IN
cord-305747-h17l3rt6	172	18	domestic	domestic	JJ
cord-305747-h17l3rt6	172	19	GDP	GDP	NNP
cord-305747-h17l3rt6	172	20	is	be	VBZ
cord-305747-h17l3rt6	172	21	observed	observe	VBN
cord-305747-h17l3rt6	172	22	in	in	IN
cord-305747-h17l3rt6	172	23	Singapore	Singapore	NNP
cord-305747-h17l3rt6	172	24	(	(	-LRB-
cord-305747-h17l3rt6	172	25	−0.430	−0.430	``
cord-305747-h17l3rt6	172	26	p.p	p.p	NNP
cord-305747-h17l3rt6	172	27	.	.	NNP
cord-305747-h17l3rt6	172	28	after	after	IN
cord-305747-h17l3rt6	172	29	4	4	CD
cord-305747-h17l3rt6	172	30	quarters	quarter	NNS
cord-305747-h17l3rt6	172	31	)	)	-RRB-
cord-305747-h17l3rt6	172	32	,	,	,
cord-305747-h17l3rt6	172	33	Indonesia	Indonesia	NNP
cord-305747-h17l3rt6	172	34	(	(	-LRB-
cord-305747-h17l3rt6	172	35	−0.383	−0.383	RB
cord-305747-h17l3rt6	172	36	p.p	p.p	NNP
cord-305747-h17l3rt6	172	37	.	.	.
cord-305747-h17l3rt6	172	38	after	after	IN
cord-305747-h17l3rt6	172	39	8	8	CD
cord-305747-h17l3rt6	172	40	quarters	quarter	NNS
cord-305747-h17l3rt6	172	41	)	)	-RRB-
cord-305747-h17l3rt6	172	42	,	,	,
cord-305747-h17l3rt6	172	43	Thailand	Thailand	NNP
cord-305747-h17l3rt6	172	44	(	(	-LRB-
cord-305747-h17l3rt6	172	45	−0.317	−0.317	NNP
cord-305747-h17l3rt6	172	46	p.p	p.p	NNP
cord-305747-h17l3rt6	172	47	.	.	.
cord-305747-h17l3rt6	172	48	after	after	IN
cord-305747-h17l3rt6	172	49	3	3	CD
cord-305747-h17l3rt6	172	50	quarters	quarter	NNS
cord-305747-h17l3rt6	172	51	)	)	-RRB-
cord-305747-h17l3rt6	172	52	,	,	,
cord-305747-h17l3rt6	172	53	Hong	Hong	NNP
cord-305747-h17l3rt6	172	54	Kong	Kong	NNP
cord-305747-h17l3rt6	172	55	(	(	-LRB-
cord-305747-h17l3rt6	172	56	−0.280	−0.280	NNP
cord-305747-h17l3rt6	172	57	p.p	p.p	NNP
cord-305747-h17l3rt6	172	58	.	.	NNP
cord-305747-h17l3rt6	172	59	after	after	IN
cord-305747-h17l3rt6	172	60	3	3	CD
cord-305747-h17l3rt6	172	61	quarters	quarter	NNS
cord-305747-h17l3rt6	172	62	)	)	-RRB-
cord-305747-h17l3rt6	172	63	,	,	,
cord-305747-h17l3rt6	172	64	Japan	Japan	NNP
cord-305747-h17l3rt6	172	65	(	(	-LRB-
cord-305747-h17l3rt6	172	66	−0.269	−0.269	NNP
cord-305747-h17l3rt6	172	67	p.p	p.p	NNP
cord-305747-h17l3rt6	172	68	.	.	NNP
cord-305747-h17l3rt6	172	69	after	after	IN
cord-305747-h17l3rt6	172	70	9	9	CD
cord-305747-h17l3rt6	172	71	quarters	quarter	NNS
cord-305747-h17l3rt6	172	72	)	)	-RRB-
cord-305747-h17l3rt6	172	73	,	,	,
cord-305747-h17l3rt6	172	74	Malaysia	Malaysia	NNP
cord-305747-h17l3rt6	172	75	(	(	-LRB-
cord-305747-h17l3rt6	172	76	−0.259	−0.259	NNP
cord-305747-h17l3rt6	172	77	p.p	p.p	NNP
cord-305747-h17l3rt6	172	78	.	.	NNP
cord-305747-h17l3rt6	172	79	after	after	IN
cord-305747-h17l3rt6	172	80	4	4	CD
cord-305747-h17l3rt6	172	81	quarters	quarter	NNS
cord-305747-h17l3rt6	172	82	)	)	-RRB-
cord-305747-h17l3rt6	172	83	,	,	,
cord-305747-h17l3rt6	172	84	Philippines	Philippines	NNP
cord-305747-h17l3rt6	172	85	(	(	-LRB-
cord-305747-h17l3rt6	172	86	−0.246	−0.246	NNP
cord-305747-h17l3rt6	172	87	p.p	p.p	NNP
cord-305747-h17l3rt6	172	88	.	.	NNP
cord-305747-h17l3rt6	172	89	after	after	IN
cord-305747-h17l3rt6	172	90	5	5	CD
cord-305747-h17l3rt6	172	91	quarters	quarter	NNS
cord-305747-h17l3rt6	172	92	)	)	-RRB-
cord-305747-h17l3rt6	172	93	,	,	,
cord-305747-h17l3rt6	172	94	and	and	CC
cord-305747-h17l3rt6	172	95	South	South	NNP
cord-305747-h17l3rt6	172	96	Korea	Korea	NNP
cord-305747-h17l3rt6	172	97	(	(	-LRB-
cord-305747-h17l3rt6	172	98	−0.188	−0.188	NNP
cord-305747-h17l3rt6	172	99	p.p	p.p	NNP
cord-305747-h17l3rt6	172	100	.	.	NNP
cord-305747-h17l3rt6	172	101	after	after	IN
cord-305747-h17l3rt6	172	102	2	2	CD
cord-305747-h17l3rt6	172	103	quarters	quarter	NNS
cord-305747-h17l3rt6	172	104	)	)	-RRB-
cord-305747-h17l3rt6	172	105	.	.	.
cord-305747-h17l3rt6	173	1	Hong	Hong	NNP
cord-305747-h17l3rt6	173	2	Kong	Kong	NNP
cord-305747-h17l3rt6	173	3	,	,	,
cord-305747-h17l3rt6	173	4	Singapore	Singapore	NNP
cord-305747-h17l3rt6	173	5	and	and	CC
cord-305747-h17l3rt6	173	6	Taipei	Taipei	NNP
cord-305747-h17l3rt6	173	7	have	have	VBP
cord-305747-h17l3rt6	173	8	strong	strong	JJ
cord-305747-h17l3rt6	173	9	financial	financial	JJ
cord-305747-h17l3rt6	173	10	linkages	linkage	NNS
cord-305747-h17l3rt6	173	11	with	with	IN
cord-305747-h17l3rt6	173	12	China	China	NNP
cord-305747-h17l3rt6	173	13	(	(	-LRB-
cord-305747-h17l3rt6	173	14	see	see	VB
cord-305747-h17l3rt6	173	15	Figure	figure	NN
cord-305747-h17l3rt6	173	16	5	5	CD
cord-305747-h17l3rt6	173	17	)	)	-RRB-
cord-305747-h17l3rt6	173	18	.	.	.
cord-305747-h17l3rt6	174	1	It	-PRON-	PRP
cord-305747-h17l3rt6	174	2	is	be	VBZ
cord-305747-h17l3rt6	174	3	worth	worth	JJ
cord-305747-h17l3rt6	174	4	noting	note	VBG
cord-305747-h17l3rt6	174	5	that	that	IN
cord-305747-h17l3rt6	174	6	Chinese	chinese	JJ
cord-305747-h17l3rt6	174	7	Taipei	Taipei	NNP
cord-305747-h17l3rt6	174	8	is	be	VBZ
cord-305747-h17l3rt6	174	9	a	a	DT
cord-305747-h17l3rt6	174	10	smaller	small	JJR
cord-305747-h17l3rt6	174	11	financial	financial	JJ
cord-305747-h17l3rt6	174	12	centre	centre	NN
cord-305747-h17l3rt6	174	13	than	than	IN
cord-305747-h17l3rt6	174	14	Hong	Hong	NNP
cord-305747-h17l3rt6	174	15	Kong	Kong	NNP
cord-305747-h17l3rt6	174	16	and	and	CC
cord-305747-h17l3rt6	174	17	Singapore	Singapore	NNP
cord-305747-h17l3rt6	174	18	,	,	,
cord-305747-h17l3rt6	174	19	but	but	CC
cord-305747-h17l3rt6	174	20	it	-PRON-	PRP
cord-305747-h17l3rt6	174	21	has	have	VBZ
cord-305747-h17l3rt6	174	22	greater	great	JJR
cord-305747-h17l3rt6	174	23	trade	trade	NN
cord-305747-h17l3rt6	174	24	links	link	NNS
cord-305747-h17l3rt6	174	25	with	with	IN
cord-305747-h17l3rt6	174	26	the	the	DT
cord-305747-h17l3rt6	174	27	mainland	mainland	NN
cord-305747-h17l3rt6	174	28	.	.	.
cord-305747-h17l3rt6	175	1	This	this	DT
cord-305747-h17l3rt6	175	2	may	may	MD
cord-305747-h17l3rt6	175	3	be	be	VB
cord-305747-h17l3rt6	175	4	the	the	DT
cord-305747-h17l3rt6	175	5	reason	reason	NN
cord-305747-h17l3rt6	175	6	for	for	IN
cord-305747-h17l3rt6	175	7	its	-PRON-	PRP$
cord-305747-h17l3rt6	175	8	strong	strong	JJ
cord-305747-h17l3rt6	175	9	GDP	GDP	NNP
cord-305747-h17l3rt6	175	10	reaction	reaction	NN
cord-305747-h17l3rt6	175	11	.	.	.
cord-305747-h17l3rt6	176	1	Indonesia	Indonesia	NNP
cord-305747-h17l3rt6	176	2	is	be	VBZ
cord-305747-h17l3rt6	176	3	a	a	DT
cord-305747-h17l3rt6	176	4	major	major	JJ
cord-305747-h17l3rt6	176	5	exporter	exporter	NN
cord-305747-h17l3rt6	176	6	of	of	IN
cord-305747-h17l3rt6	176	7	coal	coal	NN
cord-305747-h17l3rt6	176	8	and	and	CC
cord-305747-h17l3rt6	176	9	industrial	industrial	JJ
cord-305747-h17l3rt6	176	10	metals	metal	NNS
cord-305747-h17l3rt6	176	11	to	to	IN
cord-305747-h17l3rt6	176	12	China	China	NNP
cord-305747-h17l3rt6	176	13	.	.	.
cord-305747-h17l3rt6	177	1	Whereas	whereas	IN
cord-305747-h17l3rt6	177	2	Thailand	Thailand	NNP
cord-305747-h17l3rt6	177	3	,	,	,
cord-305747-h17l3rt6	177	4	Malaysia	Malaysia	NNP
cord-305747-h17l3rt6	177	5	,	,	,
cord-305747-h17l3rt6	177	6	the	the	DT
cord-305747-h17l3rt6	177	7	Philippines	Philippines	NNPS
cord-305747-h17l3rt6	177	8	,	,	,
cord-305747-h17l3rt6	177	9	and	and	CC
cord-305747-h17l3rt6	177	10	South	South	NNP
cord-305747-h17l3rt6	177	11	Korea	Korea	NNP
cord-305747-h17l3rt6	177	12	are	be	VBP
cord-305747-h17l3rt6	177	13	major	major	JJ
cord-305747-h17l3rt6	177	14	exporters	exporter	NNS
cord-305747-h17l3rt6	177	15	of	of	IN
cord-305747-h17l3rt6	177	16	industrial	industrial	JJ
cord-305747-h17l3rt6	177	17	supplies	supply	NNS
cord-305747-h17l3rt6	177	18	(	(	-LRB-
cord-305747-h17l3rt6	177	19	including	include	VBG
cord-305747-h17l3rt6	177	20	base	base	NN
cord-305747-h17l3rt6	177	21	metals	metal	NNS
cord-305747-h17l3rt6	177	22	)	)	-RRB-
cord-305747-h17l3rt6	177	23	and	and	CC
cord-305747-h17l3rt6	177	24	capital	capital	NN
cord-305747-h17l3rt6	177	25	goods	good	NNS
cord-305747-h17l3rt6	177	26	to	to	IN
cord-305747-h17l3rt6	177	27	China	China	NNP
cord-305747-h17l3rt6	177	28	.	.	.
cord-305747-h17l3rt6	178	1	Japan	Japan	NNP
cord-305747-h17l3rt6	178	2	is	be	VBZ
cord-305747-h17l3rt6	178	3	the	the	DT
cord-305747-h17l3rt6	178	4	main	main	JJ
cord-305747-h17l3rt6	178	5	Chinese	chinese	JJ
cord-305747-h17l3rt6	178	6	export	export	NN
cord-305747-h17l3rt6	178	7	market	market	NN
cord-305747-h17l3rt6	178	8	.	.	.
cord-305747-h17l3rt6	179	1	A	a	DT
cord-305747-h17l3rt6	179	2	similar	similar	JJ
cord-305747-h17l3rt6	179	3	result	result	NN
cord-305747-h17l3rt6	179	4	is	be	VBZ
cord-305747-h17l3rt6	179	5	found	find	VBN
cord-305747-h17l3rt6	179	6	by	by	IN
cord-305747-h17l3rt6	179	7	Inoue	Inoue	NNP
cord-305747-h17l3rt6	179	8	et	et	NNP
cord-305747-h17l3rt6	179	9	al	al	NNP
cord-305747-h17l3rt6	179	10	.	.	.
cord-305747-h17l3rt6	180	1	(	(	-LRB-
cord-305747-h17l3rt6	180	2	2015	2015	CD
cord-305747-h17l3rt6	180	3	)	)	-RRB-
cord-305747-h17l3rt6	180	4	,	,	,
cord-305747-h17l3rt6	180	5	who	who	WP
cord-305747-h17l3rt6	180	6	found	find	VBD
cord-305747-h17l3rt6	180	7	that	that	IN
cord-305747-h17l3rt6	180	8	negative	negative	JJ
cord-305747-h17l3rt6	180	9	Chinese	chinese	JJ
cord-305747-h17l3rt6	180	10	GDP	gdp	NN
cord-305747-h17l3rt6	180	11	shock	shock	NN
cord-305747-h17l3rt6	180	12	impacts	impact	VBZ
cord-305747-h17l3rt6	180	13	commodity	commodity	NN
cord-305747-h17l3rt6	180	14	exporters	exporter	NNS
cord-305747-h17l3rt6	180	15	,	,	,
cord-305747-h17l3rt6	180	16	like	like	IN
cord-305747-h17l3rt6	180	17	Indonesia	Indonesia	NNP
cord-305747-h17l3rt6	180	18	,	,	,
cord-305747-h17l3rt6	180	19	to	to	IN
cord-305747-h17l3rt6	180	20	the	the	DT
cord-305747-h17l3rt6	180	21	greatest	great	JJS
cord-305747-h17l3rt6	180	22	extent	extent	NN
cord-305747-h17l3rt6	180	23	,	,	,
cord-305747-h17l3rt6	180	24	and	and	CC
cord-305747-h17l3rt6	180	25	also	also	RB
cord-305747-h17l3rt6	180	26	export	export	VB
cord-305747-h17l3rt6	180	27	dependent	dependent	JJ
cord-305747-h17l3rt6	180	28	economies	economy	NNS
cord-305747-h17l3rt6	180	29	,	,	,
cord-305747-h17l3rt6	180	30	like	like	IN
cord-305747-h17l3rt6	180	31	Japan	Japan	NNP
cord-305747-h17l3rt6	180	32	,	,	,
cord-305747-h17l3rt6	180	33	Malaysia	Malaysia	NNP
cord-305747-h17l3rt6	180	34	,	,	,
cord-305747-h17l3rt6	180	35	Singapore	Singapore	NNP
cord-305747-h17l3rt6	180	36	,	,	,
cord-305747-h17l3rt6	180	37	and	and	CC
cord-305747-h17l3rt6	180	38	Thailand	Thailand	NNP
cord-305747-h17l3rt6	180	39	.	.	.
cord-305747-h17l3rt6	181	1	They	-PRON-	PRP
cord-305747-h17l3rt6	181	2	find	find	VBP
cord-305747-h17l3rt6	181	3	a	a	DT
cord-305747-h17l3rt6	181	4	counterintuitive	counterintuitive	JJ
cord-305747-h17l3rt6	181	5	reaction	reaction	NN
cord-305747-h17l3rt6	181	6	for	for	IN
cord-305747-h17l3rt6	181	7	Philippines	Philippines	NNP
cord-305747-h17l3rt6	181	8	.	.	.
cord-305747-h17l3rt6	182	1	Within	within	IN
cord-305747-h17l3rt6	182	2	the	the	DT
cord-305747-h17l3rt6	182	3	studied	study	VBN
cord-305747-h17l3rt6	182	4	region	region	NN
cord-305747-h17l3rt6	182	5	the	the	DT
cord-305747-h17l3rt6	182	6	weakest	weak	JJS
cord-305747-h17l3rt6	182	7	reaction	reaction	NN
cord-305747-h17l3rt6	182	8	is	be	VBZ
cord-305747-h17l3rt6	182	9	observed	observe	VBN
cord-305747-h17l3rt6	182	10	in	in	IN
cord-305747-h17l3rt6	182	11	New	New	NNP
cord-305747-h17l3rt6	182	12	Zealand	Zealand	NNP
cord-305747-h17l3rt6	182	13	(	(	-LRB-
cord-305747-h17l3rt6	182	14	−0.144	−0.144	NNPS
cord-305747-h17l3rt6	182	15	p.p	p.p	NNP
cord-305747-h17l3rt6	182	16	.	.	.
cord-305747-h17l3rt6	183	1	after	after	IN
cord-305747-h17l3rt6	183	2	6	6	CD
cord-305747-h17l3rt6	183	3	quarters	quarter	NNS
cord-305747-h17l3rt6	183	4	)	)	-RRB-
cord-305747-h17l3rt6	183	5	and	and	CC
cord-305747-h17l3rt6	183	6	Australia	Australia	NNP
cord-305747-h17l3rt6	183	7	(	(	-LRB-
cord-305747-h17l3rt6	183	8	−0.099	−0.099	NNP
cord-305747-h17l3rt6	183	9	p.p	p.p	NNP
cord-305747-h17l3rt6	183	10	.	.	NNP
cord-305747-h17l3rt6	183	11	on	on	IN
cord-305747-h17l3rt6	183	12	impact	impact	NN
cord-305747-h17l3rt6	183	13	)	)	-RRB-
cord-305747-h17l3rt6	183	14	.	.	.
cord-305747-h17l3rt6	184	1	It	-PRON-	PRP
cord-305747-h17l3rt6	184	2	may	may	MD
cord-305747-h17l3rt6	184	3	be	be	VB
cord-305747-h17l3rt6	184	4	a	a	DT
cord-305747-h17l3rt6	184	5	bit	bit	NN
cord-305747-h17l3rt6	184	6	surprising	surprising	JJ
cord-305747-h17l3rt6	184	7	,	,	,
cord-305747-h17l3rt6	184	8	because	because	IN
cord-305747-h17l3rt6	184	9	Australia	Australia	NNP
cord-305747-h17l3rt6	184	10	has	have	VBZ
cord-305747-h17l3rt6	184	11	about	about	RB
cord-305747-h17l3rt6	184	12	a	a	DT
cord-305747-h17l3rt6	184	13	third	third	NN
cord-305747-h17l3rt6	184	14	of	of	IN
cord-305747-h17l3rt6	184	15	its	-PRON-	PRP$
cord-305747-h17l3rt6	184	16	exports	export	NNS
cord-305747-h17l3rt6	184	17	headed	head	VBN
cord-305747-h17l3rt6	184	18	for	for	IN
cord-305747-h17l3rt6	184	19	China	China	NNP
cord-305747-h17l3rt6	184	20	(	(	-LRB-
cord-305747-h17l3rt6	184	21	see	see	VB
cord-305747-h17l3rt6	184	22	Figure	Figure	NNP
cord-305747-h17l3rt6	184	23	A3	A3	NNP
cord-305747-h17l3rt6	184	24	in	in	IN
cord-305747-h17l3rt6	184	25	the	the	DT
cord-305747-h17l3rt6	184	26	Appendix	Appendix	NNP
cord-305747-h17l3rt6	184	27	)	)	-RRB-
cord-305747-h17l3rt6	184	28	.	.	.
cord-305747-h17l3rt6	185	1	The	the	DT
cord-305747-h17l3rt6	185	2	output	output	NN
cord-305747-h17l3rt6	185	3	reaction	reaction	NN
cord-305747-h17l3rt6	185	4	is	be	VBZ
cord-305747-h17l3rt6	185	5	statistically	statistically	RB
cord-305747-h17l3rt6	185	6	significant	significant	JJ
cord-305747-h17l3rt6	185	7	in	in	IN
cord-305747-h17l3rt6	185	8	Chinese	chinese	JJ
cord-305747-h17l3rt6	185	9	Taipei	Taipei	NNP
cord-305747-h17l3rt6	185	10	,	,	,
cord-305747-h17l3rt6	185	11	Hong	Hong	NNP
cord-305747-h17l3rt6	185	12	Kong	Kong	NNP
cord-305747-h17l3rt6	185	13	,	,	,
cord-305747-h17l3rt6	185	14	Japan	Japan	NNP
cord-305747-h17l3rt6	185	15	and	and	CC
cord-305747-h17l3rt6	185	16	,	,	,
cord-305747-h17l3rt6	185	17	South	South	NNP
cord-305747-h17l3rt6	185	18	Korea	Korea	NNP
cord-305747-h17l3rt6	185	19	(	(	-LRB-
cord-305747-h17l3rt6	185	20	see	see	VB
cord-305747-h17l3rt6	185	21	Figure	figure	NN
cord-305747-h17l3rt6	185	22	2	2	CD
cord-305747-h17l3rt6	185	23	)	)	-RRB-
cord-305747-h17l3rt6	185	24	.	.	.
cord-305747-h17l3rt6	186	1	The	the	DT
cord-305747-h17l3rt6	186	2	obtained	obtain	VBN
cord-305747-h17l3rt6	186	3	results	result	NNS
cord-305747-h17l3rt6	186	4	are	be	VBP
cord-305747-h17l3rt6	186	5	in	in	IN
cord-305747-h17l3rt6	186	6	line	line	NN
cord-305747-h17l3rt6	186	7	with	with	IN
cord-305747-h17l3rt6	186	8	Cashin	Cashin	NNP
cord-305747-h17l3rt6	186	9	et	et	FW
cord-305747-h17l3rt6	186	10	al	al	NNP
cord-305747-h17l3rt6	186	11	.	.	.
cord-305747-h17l3rt6	187	1	(	(	-LRB-
cord-305747-h17l3rt6	187	2	2016	2016	CD
cord-305747-h17l3rt6	187	3	)	)	-RRB-
cord-305747-h17l3rt6	187	4	,	,	,
cord-305747-h17l3rt6	187	5	who	who	WP
cord-305747-h17l3rt6	187	6	reported	report	VBD
cord-305747-h17l3rt6	187	7	that	that	IN
cord-305747-h17l3rt6	187	8	negative	negative	JJ
cord-305747-h17l3rt6	187	9	output	output	NN
cord-305747-h17l3rt6	187	10	shock	shock	NN
cord-305747-h17l3rt6	187	11	has	have	VBZ
cord-305747-h17l3rt6	187	12	a	a	DT
cord-305747-h17l3rt6	187	13	large	large	JJ
cord-305747-h17l3rt6	187	14	and	and	CC
cord-305747-h17l3rt6	187	15	statistically	statistically	RB
cord-305747-h17l3rt6	187	16	significant	significant	JJ
cord-305747-h17l3rt6	187	17	impact	impact	NN
cord-305747-h17l3rt6	187	18	on	on	IN
cord-305747-h17l3rt6	187	19	all	all	DT
cord-305747-h17l3rt6	187	20	ASEAN-5	asean-5	JJ
cord-305747-h17l3rt6	187	21	countries	country	NNS
cord-305747-h17l3rt6	187	22	(	(	-LRB-
cord-305747-h17l3rt6	187	23	except	except	IN
cord-305747-h17l3rt6	187	24	for	for	IN
cord-305747-h17l3rt6	187	25	the	the	DT
cord-305747-h17l3rt6	187	26	Philippines	Philippines	NNPS
cord-305747-h17l3rt6	187	27	)	)	-RRB-
cord-305747-h17l3rt6	187	28	,	,	,
cord-305747-h17l3rt6	187	29	with	with	IN
cord-305747-h17l3rt6	187	30	output	output	NN
cord-305747-h17l3rt6	187	31	elasticities	elasticity	NNS
cord-305747-h17l3rt6	187	32	ranging	range	VBG
cord-305747-h17l3rt6	187	33	between	between	IN
cord-305747-h17l3rt6	187	34	−0.23	−0.23	NNP
cord-305747-h17l3rt6	187	35	%	%	NN
cord-305747-h17l3rt6	187	36	and	and	CC
cord-305747-h17l3rt6	187	37	−0.35	−0.35	NNP
cord-305747-h17l3rt6	187	38	%	%	NN
cord-305747-h17l3rt6	187	39	.	.	.
cord-305747-h17l3rt6	188	1	Also	also	RB
cord-305747-h17l3rt6	188	2	Bussière	Bussière	NNP
cord-305747-h17l3rt6	188	3	et	et	NNP
cord-305747-h17l3rt6	188	4	al	al	NNP
cord-305747-h17l3rt6	188	5	.	.	.
cord-305747-h17l3rt6	189	1	(	(	-LRB-
cord-305747-h17l3rt6	189	2	2012	2012	CD
cord-305747-h17l3rt6	189	3	)	)	-RRB-
cord-305747-h17l3rt6	189	4	show	show	VBP
cord-305747-h17l3rt6	189	5	that	that	IN
cord-305747-h17l3rt6	189	6	Asian	asian	JJ
cord-305747-h17l3rt6	189	7	countries	country	NNS
cord-305747-h17l3rt6	189	8	benefit	benefit	VBP
cord-305747-h17l3rt6	189	9	the	the	DT
cord-305747-h17l3rt6	189	10	most	most	JJS
cord-305747-h17l3rt6	189	11	from	from	IN
cord-305747-h17l3rt6	189	12	a	a	DT
cord-305747-h17l3rt6	189	13	positive	positive	JJ
cord-305747-h17l3rt6	189	14	shock	shock	NN
cord-305747-h17l3rt6	189	15	to	to	IN
cord-305747-h17l3rt6	189	16	Chinese	chinese	JJ
cord-305747-h17l3rt6	189	17	imports	import	NNS
cord-305747-h17l3rt6	189	18	.	.	.
cord-305747-h17l3rt6	190	1	They	-PRON-	PRP
cord-305747-h17l3rt6	190	2	reported	report	VBD
cord-305747-h17l3rt6	190	3	that	that	IN
cord-305747-h17l3rt6	190	4	a	a	DT
cord-305747-h17l3rt6	190	5	one	one	CD
cord-305747-h17l3rt6	190	6	-	-	HYPH
cord-305747-h17l3rt6	190	7	standard	standard	NN
cord-305747-h17l3rt6	190	8	-	-	HYPH
cord-305747-h17l3rt6	190	9	error	error	NN
cord-305747-h17l3rt6	190	10	shock	shock	NN
cord-305747-h17l3rt6	190	11	to	to	IN
cord-305747-h17l3rt6	190	12	Chinese	chinese	JJ
cord-305747-h17l3rt6	190	13	imports	import	NNS
cord-305747-h17l3rt6	190	14	,	,	,
cord-305747-h17l3rt6	190	15	which	which	WDT
cord-305747-h17l3rt6	190	16	is	be	VBZ
cord-305747-h17l3rt6	190	17	an	an	DT
cord-305747-h17l3rt6	190	18	increase	increase	NN
cord-305747-h17l3rt6	190	19	of	of	IN
cord-305747-h17l3rt6	190	20	1.9	1.9	CD
cord-305747-h17l3rt6	190	21	%	%	NN
cord-305747-h17l3rt6	190	22	at	at	IN
cord-305747-h17l3rt6	190	23	the	the	DT
cord-305747-h17l3rt6	190	24	time	time	NN
cord-305747-h17l3rt6	190	25	of	of	IN
cord-305747-h17l3rt6	190	26	the	the	DT
cord-305747-h17l3rt6	190	27	impact	impact	NN
cord-305747-h17l3rt6	190	28	,	,	,
cord-305747-h17l3rt6	190	29	has	have	VBZ
cord-305747-h17l3rt6	190	30	an	an	DT
cord-305747-h17l3rt6	190	31	economically	economically	RB
cord-305747-h17l3rt6	190	32	significant	significant	JJ
cord-305747-h17l3rt6	190	33	effect	effect	NN
cord-305747-h17l3rt6	190	34	on	on	IN
cord-305747-h17l3rt6	190	35	other	other	JJ
cord-305747-h17l3rt6	190	36	Asian	asian	JJ
cord-305747-h17l3rt6	190	37	countries	country	NNS
cord-305747-h17l3rt6	190	38	,	,	,
cord-305747-h17l3rt6	190	39	with	with	IN
cord-305747-h17l3rt6	190	40	real	real	JJ
cord-305747-h17l3rt6	190	41	output	output	NN
cord-305747-h17l3rt6	190	42	increase	increase	NN
cord-305747-h17l3rt6	190	43	in	in	IN
cord-305747-h17l3rt6	190	44	Korea	Korea	NNP
cord-305747-h17l3rt6	190	45	,	,	,
cord-305747-h17l3rt6	190	46	Singapore	Singapore	NNP
cord-305747-h17l3rt6	190	47	,	,	,
cord-305747-h17l3rt6	190	48	and	and	CC
cord-305747-h17l3rt6	190	49	Thailand	Thailand	NNP
cord-305747-h17l3rt6	190	50	by	by	IN
cord-305747-h17l3rt6	190	51	0.4	0.4	CD
cord-305747-h17l3rt6	190	52	%	%	NN
cord-305747-h17l3rt6	190	53	after	after	IN
cord-305747-h17l3rt6	190	54	1	1	CD
cord-305747-h17l3rt6	190	55	year	year	NN
cord-305747-h17l3rt6	190	56	,	,	,
cord-305747-h17l3rt6	190	57	and	and	CC
cord-305747-h17l3rt6	190	58	a	a	DT
cord-305747-h17l3rt6	190	59	lower	low	JJR
cord-305747-h17l3rt6	190	60	but	but	CC
cord-305747-h17l3rt6	190	61	still	still	RB
cord-305747-h17l3rt6	190	62	considerable	considerable	JJ
cord-305747-h17l3rt6	190	63	real	real	JJ
cord-305747-h17l3rt6	190	64	output	output	NN
cord-305747-h17l3rt6	190	65	increase	increase	NN
cord-305747-h17l3rt6	190	66	in	in	IN
cord-305747-h17l3rt6	190	67	Japan	Japan	NNP
cord-305747-h17l3rt6	190	68	and	and	CC
cord-305747-h17l3rt6	190	69	New	New	NNP
cord-305747-h17l3rt6	190	70	Zealand	Zealand	NNP
cord-305747-h17l3rt6	190	71	by	by	IN
cord-305747-h17l3rt6	190	72	0.2	0.2	CD
cord-305747-h17l3rt6	190	73	%	%	NN
cord-305747-h17l3rt6	190	74	.	.	.
cord-305747-h17l3rt6	190	75	 	 	_SP
cord-305747-h17l3rt6	191	1	In	in	IN
cord-305747-h17l3rt6	191	2	order	order	NN
cord-305747-h17l3rt6	191	3	to	to	TO
cord-305747-h17l3rt6	191	4	check	check	VB
cord-305747-h17l3rt6	191	5	the	the	DT
cord-305747-h17l3rt6	191	6	robustness	robustness	NN
cord-305747-h17l3rt6	191	7	of	of	IN
cord-305747-h17l3rt6	191	8	our	-PRON-	PRP$
cord-305747-h17l3rt6	191	9	results	result	NNS
cord-305747-h17l3rt6	191	10	we	-PRON-	PRP
cord-305747-h17l3rt6	191	11	estimate	estimate	VBP
cord-305747-h17l3rt6	191	12	a	a	DT
cord-305747-h17l3rt6	191	13	series	series	NN
cord-305747-h17l3rt6	191	14	of	of	IN
cord-305747-h17l3rt6	191	15	BVAR	BVAR	NNP
cord-305747-h17l3rt6	191	16	models	model	NNS
cord-305747-h17l3rt6	191	17	.	.	.
cord-305747-h17l3rt6	192	1	Specification	specification	NN
cord-305747-h17l3rt6	192	2	of	of	IN
cord-305747-h17l3rt6	192	3	the	the	DT
cord-305747-h17l3rt6	192	4	models	model	NNS
cord-305747-h17l3rt6	192	5	is	be	VBZ
cord-305747-h17l3rt6	192	6	described	describe	VBN
cord-305747-h17l3rt6	192	7	in	in	IN
cord-305747-h17l3rt6	192	8	Section	section	NN
cord-305747-h17l3rt6	192	9	2.2	2.2	CD
cord-305747-h17l3rt6	192	10	.	.	.
cord-305747-h17l3rt6	193	1	We	-PRON-	PRP
cord-305747-h17l3rt6	193	2	check	check	VBP
cord-305747-h17l3rt6	193	3	whether	whether	IN
cord-305747-h17l3rt6	193	4	the	the	DT
cord-305747-h17l3rt6	193	5	difference	difference	NN
cord-305747-h17l3rt6	193	6	between	between	IN
cord-305747-h17l3rt6	193	7	the	the	DT
cord-305747-h17l3rt6	193	8	IRFs	irfs	NN
cord-305747-h17l3rt6	193	9	obtained	obtain	VBN
cord-305747-h17l3rt6	193	10	from	from	IN
cord-305747-h17l3rt6	193	11	the	the	DT
cord-305747-h17l3rt6	193	12	GVAR	GVAR	NNP
cord-305747-h17l3rt6	193	13	model	model	NN
cord-305747-h17l3rt6	193	14	and	and	CC
cord-305747-h17l3rt6	194	1	the	the	DT
cord-305747-h17l3rt6	194	2	IRFs	IRFs	NNP
cord-305747-h17l3rt6	194	3	obtained	obtain	VBD
cord-305747-h17l3rt6	194	4	from	from	IN
cord-305747-h17l3rt6	194	5	the	the	DT
cord-305747-h17l3rt6	194	6	BVAR	BVAR	NNP
cord-305747-h17l3rt6	194	7	model	model	NN
cord-305747-h17l3rt6	194	8	for	for	IN
cord-305747-h17l3rt6	194	9	each	each	DT
cord-305747-h17l3rt6	194	10	country	country	NN
cord-305747-h17l3rt6	194	11	separately	separately	RB
cord-305747-h17l3rt6	194	12	is	be	VBZ
cord-305747-h17l3rt6	194	13	statistically	statistically	RB
cord-305747-h17l3rt6	194	14	significant	significant	JJ
cord-305747-h17l3rt6	194	15	.	.	.
cord-305747-h17l3rt6	195	1	To	to	TO
cord-305747-h17l3rt6	195	2	do	do	VB
cord-305747-h17l3rt6	195	3	so	so	RB
cord-305747-h17l3rt6	195	4	we	-PRON-	PRP
cord-305747-h17l3rt6	195	5	subtract	subtract	VBP
cord-305747-h17l3rt6	195	6	the	the	DT
cord-305747-h17l3rt6	195	7	IRFs	irfs	NN
cord-305747-h17l3rt6	195	8	and	and	CC
cord-305747-h17l3rt6	195	9	the	the	DT
cord-305747-h17l3rt6	195	10	confidence	confidence	NN
cord-305747-h17l3rt6	195	11	bands	band	NNS
cord-305747-h17l3rt6	195	12	obtained	obtain	VBN
cord-305747-h17l3rt6	195	13	from	from	IN
cord-305747-h17l3rt6	195	14	the	the	DT
cord-305747-h17l3rt6	195	15	two	two	CD
cord-305747-h17l3rt6	195	16	models	model	NNS
cord-305747-h17l3rt6	195	17	.	.	.
cord-305747-h17l3rt6	196	1	The	the	DT
cord-305747-h17l3rt6	196	2	results	result	NNS
cord-305747-h17l3rt6	196	3	are	be	VBP
cord-305747-h17l3rt6	196	4	presented	present	VBN
cord-305747-h17l3rt6	196	5	in	in	IN
cord-305747-h17l3rt6	196	6	Table	Table	NNP
cord-305747-h17l3rt6	196	7	4	4	CD
cord-305747-h17l3rt6	196	8	.	.	.
cord-305747-h17l3rt6	197	1	It	-PRON-	PRP
cord-305747-h17l3rt6	197	2	appears	appear	VBZ
cord-305747-h17l3rt6	197	3	that	that	IN
cord-305747-h17l3rt6	197	4	there	there	EX
cord-305747-h17l3rt6	197	5	are	be	VBP
cord-305747-h17l3rt6	197	6	considerable	considerable	JJ
cord-305747-h17l3rt6	197	7	differences	difference	NNS
cord-305747-h17l3rt6	197	8	between	between	IN
cord-305747-h17l3rt6	197	9	maximum	maximum	JJ
cord-305747-h17l3rt6	197	10	responses	response	NNS
cord-305747-h17l3rt6	197	11	and	and	CC
cord-305747-h17l3rt6	197	12	maximum	maximum	JJ
cord-305747-h17l3rt6	197	13	response	response	NN
cord-305747-h17l3rt6	197	14	horizons	horizon	NNS
cord-305747-h17l3rt6	197	15	across	across	IN
cord-305747-h17l3rt6	197	16	the	the	DT
cord-305747-h17l3rt6	197	17	economies	economy	NNS
cord-305747-h17l3rt6	197	18	between	between	IN
cord-305747-h17l3rt6	197	19	the	the	DT
cord-305747-h17l3rt6	197	20	two	two	CD
cord-305747-h17l3rt6	197	21	types	type	NNS
cord-305747-h17l3rt6	197	22	of	of	IN
cord-305747-h17l3rt6	197	23	models	model	NNS
cord-305747-h17l3rt6	197	24	.	.	.
cord-305747-h17l3rt6	198	1	We	-PRON-	PRP
cord-305747-h17l3rt6	198	2	find	find	VBP
cord-305747-h17l3rt6	198	3	out	out	RP
cord-305747-h17l3rt6	198	4	that	that	IN
cord-305747-h17l3rt6	198	5	there	there	EX
cord-305747-h17l3rt6	198	6	are	be	VBP
cord-305747-h17l3rt6	198	7	statistically	statistically	RB
cord-305747-h17l3rt6	198	8	significant	significant	JJ
cord-305747-h17l3rt6	198	9	differences	difference	NNS
cord-305747-h17l3rt6	198	10	between	between	IN
cord-305747-h17l3rt6	198	11	the	the	DT
cord-305747-h17l3rt6	198	12	IRFs	irfs	NN
cord-305747-h17l3rt6	198	13	for	for	IN
cord-305747-h17l3rt6	198	14	8	8	CD
cord-305747-h17l3rt6	198	15	out	out	IN
cord-305747-h17l3rt6	198	16	of	of	IN
cord-305747-h17l3rt6	198	17	the	the	DT
cord-305747-h17l3rt6	198	18	37	37	CD
cord-305747-h17l3rt6	198	19	analyzed	analyze	VBN
cord-305747-h17l3rt6	198	20	economies	economy	NNS
cord-305747-h17l3rt6	198	21	,	,	,
cord-305747-h17l3rt6	198	22	that	that	DT
cord-305747-h17l3rt6	198	23	is	be	VBZ
cord-305747-h17l3rt6	198	24	for	for	IN
cord-305747-h17l3rt6	198	25	22	22	CD
cord-305747-h17l3rt6	198	26	%	%	NN
cord-305747-h17l3rt6	198	27	of	of	IN
cord-305747-h17l3rt6	198	28	analyzed	analyze	VBN
cord-305747-h17l3rt6	198	29	economies	economy	NNS
cord-305747-h17l3rt6	198	30	(	(	-LRB-
cord-305747-h17l3rt6	198	31	8th	8th	JJ
cord-305747-h17l3rt6	198	32	column	column	NN
cord-305747-h17l3rt6	198	33	of	of	IN
cord-305747-h17l3rt6	198	34	Table	Table	NNP
cord-305747-h17l3rt6	198	35	4	4	CD
cord-305747-h17l3rt6	198	36	)	)	-RRB-
cord-305747-h17l3rt6	198	37	.	.	.
cord-305747-h17l3rt6	199	1	However	however	RB
cord-305747-h17l3rt6	199	2	,	,	,
cord-305747-h17l3rt6	199	3	if	if	IN
cord-305747-h17l3rt6	199	4	we	-PRON-	PRP
cord-305747-h17l3rt6	199	5	omit	omit	VBP
cord-305747-h17l3rt6	199	6	the	the	DT
cord-305747-h17l3rt6	199	7	first	first	JJ
cord-305747-h17l3rt6	199	8	quarter	quarter	NN
cord-305747-h17l3rt6	199	9	(	(	-LRB-
cord-305747-h17l3rt6	199	10	the	the	DT
cord-305747-h17l3rt6	199	11	reaction	reaction	NN
cord-305747-h17l3rt6	199	12	on	on	IN
cord-305747-h17l3rt6	199	13	impact	impact	NN
cord-305747-h17l3rt6	199	14	)	)	-RRB-
cord-305747-h17l3rt6	199	15	,	,	,
cord-305747-h17l3rt6	199	16	for	for	IN
cord-305747-h17l3rt6	199	17	the	the	DT
cord-305747-h17l3rt6	199	18	following	follow	VBG
cord-305747-h17l3rt6	199	19	quarters	quarter	NNS
cord-305747-h17l3rt6	199	20	the	the	DT
cord-305747-h17l3rt6	199	21	difference	difference	NN
cord-305747-h17l3rt6	199	22	between	between	IN
cord-305747-h17l3rt6	199	23	the	the	DT
cord-305747-h17l3rt6	199	24	reaction	reaction	NN
cord-305747-h17l3rt6	199	25	obtained	obtain	VBN
cord-305747-h17l3rt6	199	26	from	from	IN
cord-305747-h17l3rt6	199	27	the	the	DT
cord-305747-h17l3rt6	199	28	GVAR	GVAR	NNP
cord-305747-h17l3rt6	199	29	model	model	NN
cord-305747-h17l3rt6	199	30	and	and	CC
cord-305747-h17l3rt6	199	31	the	the	DT
cord-305747-h17l3rt6	199	32	reaction	reaction	NN
cord-305747-h17l3rt6	199	33	obtained	obtain	VBN
cord-305747-h17l3rt6	199	34	from	from	IN
cord-305747-h17l3rt6	199	35	the	the	DT
cord-305747-h17l3rt6	199	36	BVAR	BVAR	NNP
cord-305747-h17l3rt6	199	37	model	model	NN
cord-305747-h17l3rt6	199	38	is	be	VBZ
cord-305747-h17l3rt6	199	39	statistically	statistically	RB
cord-305747-h17l3rt6	199	40	different	different	JJ
cord-305747-h17l3rt6	199	41	for	for	IN
cord-305747-h17l3rt6	199	42	4	4	CD
cord-305747-h17l3rt6	199	43	out	out	IN
cord-305747-h17l3rt6	199	44	of	of	IN
cord-305747-h17l3rt6	199	45	37	37	CD
cord-305747-h17l3rt6	199	46	analyzed	analyze	VBN
cord-305747-h17l3rt6	199	47	economies	economy	NNS
cord-305747-h17l3rt6	199	48	,	,	,
cord-305747-h17l3rt6	199	49	that	that	DT
cord-305747-h17l3rt6	199	50	is	be	VBZ
cord-305747-h17l3rt6	199	51	for	for	IN
cord-305747-h17l3rt6	199	52	11	11	CD
cord-305747-h17l3rt6	199	53	%	%	NN
cord-305747-h17l3rt6	199	54	of	of	IN
cord-305747-h17l3rt6	199	55	the	the	DT
cord-305747-h17l3rt6	199	56	analyzed	analyze	VBN
cord-305747-h17l3rt6	199	57	economies	economy	NNS
cord-305747-h17l3rt6	199	58	(	(	-LRB-
cord-305747-h17l3rt6	199	59	9th	9th	JJ
cord-305747-h17l3rt6	199	60	column	column	NN
cord-305747-h17l3rt6	199	61	of	of	IN
cord-305747-h17l3rt6	199	62	Table	Table	NNP
cord-305747-h17l3rt6	199	63	4	4	CD
cord-305747-h17l3rt6	199	64	)	)	-RRB-
cord-305747-h17l3rt6	199	65	.	.	.
cord-305747-h17l3rt6	200	1	This	this	DT
cord-305747-h17l3rt6	200	2	is	be	VBZ
cord-305747-h17l3rt6	200	3	a	a	DT
cord-305747-h17l3rt6	200	4	good	good	JJ
cord-305747-h17l3rt6	200	5	result	result	NN
cord-305747-h17l3rt6	200	6	,	,	,
cord-305747-h17l3rt6	200	7	that	that	WDT
cord-305747-h17l3rt6	200	8	seem	seem	VBP
cord-305747-h17l3rt6	200	9	to	to	TO
cord-305747-h17l3rt6	200	10	indicate	indicate	VB
cord-305747-h17l3rt6	200	11	that	that	IN
cord-305747-h17l3rt6	200	12	the	the	DT
cord-305747-h17l3rt6	200	13	results	result	NNS
cord-305747-h17l3rt6	200	14	from	from	IN
cord-305747-h17l3rt6	200	15	BVAR	BVAR	NNP
cord-305747-h17l3rt6	200	16	models	model	NNS
cord-305747-h17l3rt6	200	17	confirm	confirm	VBP
cord-305747-h17l3rt6	200	18	the	the	DT
cord-305747-h17l3rt6	200	19	results	result	NNS
cord-305747-h17l3rt6	200	20	from	from	IN
cord-305747-h17l3rt6	200	21	the	the	DT
cord-305747-h17l3rt6	200	22	GVAR	GVAR	NNP
cord-305747-h17l3rt6	200	23	model	model	NN
cord-305747-h17l3rt6	200	24	.	.	.
cord-305747-h17l3rt6	201	1	Nevertheless	nevertheless	RB
cord-305747-h17l3rt6	201	2	the	the	DT
cord-305747-h17l3rt6	201	3	comparison	comparison	NN
cord-305747-h17l3rt6	201	4	of	of	IN
cord-305747-h17l3rt6	201	5	the	the	DT
cord-305747-h17l3rt6	201	6	two	two	CD
cord-305747-h17l3rt6	201	7	models	model	NNS
cord-305747-h17l3rt6	201	8	is	be	VBZ
cord-305747-h17l3rt6	201	9	a	a	DT
cord-305747-h17l3rt6	201	10	bit	bit	NN
cord-305747-h17l3rt6	201	11	problematic	problematic	JJ
cord-305747-h17l3rt6	201	12	and	and	CC
cord-305747-h17l3rt6	201	13	should	should	MD
cord-305747-h17l3rt6	201	14	be	be	VB
cord-305747-h17l3rt6	201	15	analyzed	analyze	VBN
cord-305747-h17l3rt6	201	16	with	with	IN
cord-305747-h17l3rt6	201	17	caution	caution	NN
cord-305747-h17l3rt6	201	18	.	.	.
cord-305747-h17l3rt6	202	1	First	first	RB
cord-305747-h17l3rt6	202	2	,	,	,
cord-305747-h17l3rt6	202	3	the	the	DT
cord-305747-h17l3rt6	202	4	confidence	confidence	NN
cord-305747-h17l3rt6	202	5	bands	band	NNS
cord-305747-h17l3rt6	202	6	are	be	VBP
cord-305747-h17l3rt6	202	7	quite	quite	RB
cord-305747-h17l3rt6	202	8	wide	wide	JJ
cord-305747-h17l3rt6	202	9	(	(	-LRB-
cord-305747-h17l3rt6	202	10	see	see	VB
cord-305747-h17l3rt6	202	11	Figure	figure	NN
cord-305747-h17l3rt6	202	12	3	3	CD
cord-305747-h17l3rt6	202	13	)	)	-RRB-
cord-305747-h17l3rt6	202	14	.	.	.
cord-305747-h17l3rt6	203	1	Second	second	RB
cord-305747-h17l3rt6	203	2	,	,	,
cord-305747-h17l3rt6	203	3	the	the	DT
cord-305747-h17l3rt6	203	4	GDP	GDP	NNP
cord-305747-h17l3rt6	203	5	shock	shock	NN
cord-305747-h17l3rt6	203	6	is	be	VBZ
cord-305747-h17l3rt6	203	7	different	different	JJ
cord-305747-h17l3rt6	203	8	within	within	IN
cord-305747-h17l3rt6	203	9	the	the	DT
cord-305747-h17l3rt6	203	10	two	two	CD
cord-305747-h17l3rt6	203	11	models	model	NNS
cord-305747-h17l3rt6	203	12	(	(	-LRB-
cord-305747-h17l3rt6	203	13	compare	compare	VB
cord-305747-h17l3rt6	203	14	,	,	,
cord-305747-h17l3rt6	203	15	for	for	IN
cord-305747-h17l3rt6	203	16	example	example	NN
cord-305747-h17l3rt6	203	17	,	,	,
cord-305747-h17l3rt6	203	18	Figures	figure	NNS
cord-305747-h17l3rt6	203	19	1a	1a	CD
cord-305747-h17l3rt6	203	20	and	and	CC
cord-305747-h17l3rt6	203	21	4	4	CD
cord-305747-h17l3rt6	203	22	)	)	-RRB-
cord-305747-h17l3rt6	203	23	.	.	.
cord-305747-h17l3rt6	204	1	The	the	DT
cord-305747-h17l3rt6	204	2	shock	shock	NN
cord-305747-h17l3rt6	204	3	is	be	VBZ
cord-305747-h17l3rt6	204	4	very	very	RB
cord-305747-h17l3rt6	204	5	similar	similar	JJ
cord-305747-h17l3rt6	204	6	for	for	IN
cord-305747-h17l3rt6	204	7	each	each	DT
cord-305747-h17l3rt6	204	8	of	of	IN
cord-305747-h17l3rt6	204	9	the	the	DT
cord-305747-h17l3rt6	204	10	37	37	CD
cord-305747-h17l3rt6	204	11	estimated	estimate	VBN
cord-305747-h17l3rt6	204	12	BVAR	BVAR	NNP
cord-305747-h17l3rt6	204	13	models	model	NNS
cord-305747-h17l3rt6	204	14	(	(	-LRB-
cord-305747-h17l3rt6	204	15	see	see	VB
cord-305747-h17l3rt6	204	16	Figure	Figure	NNP
cord-305747-h17l3rt6	204	17	4	4	CD
cord-305747-h17l3rt6	204	18	)	)	-RRB-
cord-305747-h17l3rt6	204	19	.	.	.
cord-305747-h17l3rt6	205	1	But	but	CC
cord-305747-h17l3rt6	205	2	the	the	DT
cord-305747-h17l3rt6	205	3	Chinese	chinese	JJ
cord-305747-h17l3rt6	205	4	GDP	GDP	NNP
cord-305747-h17l3rt6	205	5	shocks	shock	NNS
cord-305747-h17l3rt6	205	6	in	in	IN
cord-305747-h17l3rt6	205	7	BVAR	BVAR	NNP
cord-305747-h17l3rt6	205	8	model	model	NN
cord-305747-h17l3rt6	205	9	are	be	VBP
cord-305747-h17l3rt6	205	10	much	much	RB
cord-305747-h17l3rt6	205	11	stronger	strong	JJR
cord-305747-h17l3rt6	205	12	than	than	IN
cord-305747-h17l3rt6	205	13	the	the	DT
cord-305747-h17l3rt6	205	14	Chinese	chinese	JJ
cord-305747-h17l3rt6	205	15	GDP	gdp	NN
cord-305747-h17l3rt6	205	16	shock	shock	NN
cord-305747-h17l3rt6	205	17	in	in	IN
cord-305747-h17l3rt6	205	18	GVAR	GVAR	NNP
cord-305747-h17l3rt6	205	19	model	model	NN
cord-305747-h17l3rt6	205	20	.	.	.
cord-305747-h17l3rt6	206	1	It	-PRON-	PRP
cord-305747-h17l3rt6	206	2	is	be	VBZ
cord-305747-h17l3rt6	206	3	important	important	JJ
cord-305747-h17l3rt6	206	4	to	to	TO
cord-305747-h17l3rt6	206	5	note	note	VB
cord-305747-h17l3rt6	206	6	,	,	,
cord-305747-h17l3rt6	206	7	however	however	RB
cord-305747-h17l3rt6	206	8	,	,	,
cord-305747-h17l3rt6	206	9	that	that	IN
cord-305747-h17l3rt6	206	10	the	the	DT
cord-305747-h17l3rt6	206	11	shocks	shock	NNS
cord-305747-h17l3rt6	206	12	are	be	VBP
cord-305747-h17l3rt6	206	13	equal	equal	JJ
cord-305747-h17l3rt6	206	14	on	on	IN
cord-305747-h17l3rt6	206	15	impact	impact	NN
cord-305747-h17l3rt6	206	16	,	,	,
cord-305747-h17l3rt6	206	17	we	-PRON-	PRP
cord-305747-h17l3rt6	206	18	standardize	standardize	VBP
cord-305747-h17l3rt6	206	19	them	-PRON-	PRP
cord-305747-h17l3rt6	206	20	so	so	IN
cord-305747-h17l3rt6	206	21	that	that	IN
cord-305747-h17l3rt6	206	22	they	-PRON-	PRP
cord-305747-h17l3rt6	206	23	are	be	VBP
cord-305747-h17l3rt6	206	24	equal	equal	JJ
cord-305747-h17l3rt6	206	25	to	to	IN
cord-305747-h17l3rt6	206	26	1	1	CD
cord-305747-h17l3rt6	206	27	p.p	p.p	NNP
cord-305747-h17l3rt6	206	28	.	.	NNP
cord-305747-h17l3rt6	206	29	on	on	IN
cord-305747-h17l3rt6	206	30	impact	impact	NN
cord-305747-h17l3rt6	206	31	.	.	.
cord-305747-h17l3rt6	207	1	For	for	IN
cord-305747-h17l3rt6	207	2	example	example	NN
cord-305747-h17l3rt6	207	3	,	,	,
cord-305747-h17l3rt6	207	4	for	for	IN
cord-305747-h17l3rt6	207	5	Australia	Australia	NNP
cord-305747-h17l3rt6	207	6	the	the	DT
cord-305747-h17l3rt6	207	7	Chinese	chinese	JJ
cord-305747-h17l3rt6	207	8	GDP	gdp	NN
cord-305747-h17l3rt6	207	9	shock	shock	NN
cord-305747-h17l3rt6	207	10	stabilizes	stabilize	VBZ
cord-305747-h17l3rt6	207	11	at	at	IN
cord-305747-h17l3rt6	207	12	the	the	DT
cord-305747-h17l3rt6	207	13	level	level	NN
cord-305747-h17l3rt6	207	14	of	of	IN
cord-305747-h17l3rt6	207	15	1.56	1.56	CD
cord-305747-h17l3rt6	207	16	p.p	p.p	NNP
cord-305747-h17l3rt6	207	17	.	.	NNP
cord-305747-h17l3rt6	207	18	in	in	IN
cord-305747-h17l3rt6	207	19	the	the	DT
cord-305747-h17l3rt6	207	20	BVAR	BVAR	NNP
cord-305747-h17l3rt6	207	21	model	model	NN
cord-305747-h17l3rt6	207	22	,	,	,
cord-305747-h17l3rt6	207	23	whereas	whereas	IN
cord-305747-h17l3rt6	207	24	the	the	DT
cord-305747-h17l3rt6	207	25	shock	shock	NN
cord-305747-h17l3rt6	207	26	stabilizes	stabilize	VBZ
cord-305747-h17l3rt6	207	27	at	at	IN
cord-305747-h17l3rt6	207	28	the	the	DT
cord-305747-h17l3rt6	207	29	level	level	NN
cord-305747-h17l3rt6	207	30	of	of	IN
cord-305747-h17l3rt6	207	31	1.01	1.01	CD
cord-305747-h17l3rt6	207	32	p.p	p.p	NNP
cord-305747-h17l3rt6	207	33	.	.	NNP
cord-305747-h17l3rt6	207	34	in	in	IN
cord-305747-h17l3rt6	207	35	the	the	DT
cord-305747-h17l3rt6	207	36	GVAR	GVAR	NNP
cord-305747-h17l3rt6	207	37	model	model	NN
cord-305747-h17l3rt6	207	38	.	.	.
cord-305747-h17l3rt6	208	1	Note	note	VB
cord-305747-h17l3rt6	208	2	that	that	IN
cord-305747-h17l3rt6	208	3	the	the	DT
cord-305747-h17l3rt6	208	4	shocks	shock	NNS
cord-305747-h17l3rt6	208	5	are	be	VBP
cord-305747-h17l3rt6	208	6	permanent	permanent	JJ
cord-305747-h17l3rt6	208	7	in	in	IN
cord-305747-h17l3rt6	208	8	both	both	DT
cord-305747-h17l3rt6	208	9	specifications	specification	NNS
cord-305747-h17l3rt6	208	10	.	.	.
cord-305747-h17l3rt6	209	1	The	the	DT
cord-305747-h17l3rt6	209	2	maximum	maximum	JJ
cord-305747-h17l3rt6	209	3	response	response	NN
cord-305747-h17l3rt6	209	4	of	of	IN
cord-305747-h17l3rt6	209	5	domestic	domestic	JJ
cord-305747-h17l3rt6	209	6	GDP	GDP	NNP
cord-305747-h17l3rt6	209	7	in	in	IN
cord-305747-h17l3rt6	209	8	Australia	Australia	NNP
cord-305747-h17l3rt6	209	9	is	be	VBZ
cord-305747-h17l3rt6	209	10	stronger	strong	JJR
cord-305747-h17l3rt6	209	11	in	in	IN
cord-305747-h17l3rt6	209	12	the	the	DT
cord-305747-h17l3rt6	209	13	BVAR	BVAR	NNP
cord-305747-h17l3rt6	209	14	model	model	NN
cord-305747-h17l3rt6	209	15	(	(	-LRB-
cord-305747-h17l3rt6	209	16	−0.17	−0.17	NNP
cord-305747-h17l3rt6	209	17	p.p	p.p	NNP
cord-305747-h17l3rt6	209	18	.	.	NNP
cord-305747-h17l3rt6	209	19	)	)	-RRB-
cord-305747-h17l3rt6	209	20	than	than	IN
cord-305747-h17l3rt6	209	21	in	in	IN
cord-305747-h17l3rt6	209	22	the	the	DT
cord-305747-h17l3rt6	209	23	GVAR	GVAR	NNP
cord-305747-h17l3rt6	209	24	model	model	NN
cord-305747-h17l3rt6	209	25	(	(	-LRB-
cord-305747-h17l3rt6	209	26	−0.99	−0.99	NNP
cord-305747-h17l3rt6	209	27	p.p	p.p	NNP
cord-305747-h17l3rt6	209	28	.	.	NNP
cord-305747-h17l3rt6	209	29	)	)	-RRB-
cord-305747-h17l3rt6	209	30	.	.	.
cord-305747-h17l3rt6	210	1	Therefore	therefore	RB
cord-305747-h17l3rt6	210	2	,	,	,
cord-305747-h17l3rt6	210	3	the	the	DT
cord-305747-h17l3rt6	210	4	differences	difference	NNS
cord-305747-h17l3rt6	210	5	between	between	IN
cord-305747-h17l3rt6	210	6	the	the	DT
cord-305747-h17l3rt6	210	7	IRFs	irfs	NN
cord-305747-h17l3rt6	210	8	obtained	obtain	VBN
cord-305747-h17l3rt6	210	9	from	from	IN
cord-305747-h17l3rt6	210	10	the	the	DT
cord-305747-h17l3rt6	210	11	two	two	CD
cord-305747-h17l3rt6	210	12	models	model	NNS
cord-305747-h17l3rt6	210	13	do	do	VBP
cord-305747-h17l3rt6	210	14	not	not	RB
cord-305747-h17l3rt6	210	15	necessarily	necessarily	RB
cord-305747-h17l3rt6	210	16	stem	stem	VB
cord-305747-h17l3rt6	210	17	from	from	IN
cord-305747-h17l3rt6	210	18	a	a	DT
cord-305747-h17l3rt6	210	19	different	different	JJ
cord-305747-h17l3rt6	210	20	reaction	reaction	NN
cord-305747-h17l3rt6	210	21	of	of	IN
cord-305747-h17l3rt6	210	22	domestic	domestic	JJ
cord-305747-h17l3rt6	210	23	GDP	gdp	NN
cord-305747-h17l3rt6	210	24	,	,	,
cord-305747-h17l3rt6	210	25	but	but	CC
cord-305747-h17l3rt6	210	26	may	may	MD
cord-305747-h17l3rt6	210	27	be	be	VB
cord-305747-h17l3rt6	210	28	the	the	DT
cord-305747-h17l3rt6	210	29	result	result	NN
cord-305747-h17l3rt6	210	30	of	of	IN
cord-305747-h17l3rt6	210	31	differences	difference	NNS
cord-305747-h17l3rt6	210	32	in	in	IN
cord-305747-h17l3rt6	210	33	the	the	DT
cord-305747-h17l3rt6	210	34	trajectories	trajectory	NNS
cord-305747-h17l3rt6	210	35	of	of	IN
cord-305747-h17l3rt6	210	36	Chinese	chinese	JJ
cord-305747-h17l3rt6	210	37	GDP	gdp	NN
cord-305747-h17l3rt6	210	38	shock	shock	NN
cord-305747-h17l3rt6	210	39	.	.	.
cord-305747-h17l3rt6	211	1	Concerning	concern	VBG
cord-305747-h17l3rt6	211	2	Southeast	Southeast	NNP
cord-305747-h17l3rt6	211	3	Asia	Asia	NNP
cord-305747-h17l3rt6	211	4	and	and	CC
cord-305747-h17l3rt6	211	5	Oceania	Oceania	NNP
cord-305747-h17l3rt6	211	6	,	,	,
cord-305747-h17l3rt6	211	7	according	accord	VBG
cord-305747-h17l3rt6	211	8	to	to	IN
cord-305747-h17l3rt6	211	9	the	the	DT
cord-305747-h17l3rt6	211	10	results	result	NNS
cord-305747-h17l3rt6	211	11	from	from	IN
cord-305747-h17l3rt6	211	12	the	the	DT
cord-305747-h17l3rt6	211	13	BVAR	BVAR	NNP
cord-305747-h17l3rt6	211	14	models	model	NNS
cord-305747-h17l3rt6	211	15	,	,	,
cord-305747-h17l3rt6	211	16	the	the	DT
cord-305747-h17l3rt6	211	17	strongest	strong	JJS
cord-305747-h17l3rt6	211	18	response	response	NN
cord-305747-h17l3rt6	211	19	of	of	IN
cord-305747-h17l3rt6	211	20	domestic	domestic	JJ
cord-305747-h17l3rt6	211	21	GDP	GDP	NNP
cord-305747-h17l3rt6	211	22	to	to	IN
cord-305747-h17l3rt6	211	23	negative	negative	JJ
cord-305747-h17l3rt6	211	24	GDP	gdp	NN
cord-305747-h17l3rt6	211	25	shock	shock	NN
cord-305747-h17l3rt6	211	26	in	in	IN
cord-305747-h17l3rt6	211	27	China	China	NNP
cord-305747-h17l3rt6	211	28	is	be	VBZ
cord-305747-h17l3rt6	211	29	observed	observe	VBN
cord-305747-h17l3rt6	211	30	in	in	IN
cord-305747-h17l3rt6	211	31	Chinese	chinese	JJ
cord-305747-h17l3rt6	211	32	Taipei	Taipei	NNP
cord-305747-h17l3rt6	211	33	(	(	-LRB-
cord-305747-h17l3rt6	211	34	−1.40	−1.40	NNP
cord-305747-h17l3rt6	211	35	p.p	p.p	NNP
cord-305747-h17l3rt6	211	36	.	.	NNP
cord-305747-h17l3rt6	211	37	)	)	-RRB-
cord-305747-h17l3rt6	211	38	,	,	,
cord-305747-h17l3rt6	211	39	and	and	CC
cord-305747-h17l3rt6	211	40	next	next	JJ
cord-305747-h17l3rt6	211	41	in	in	IN
cord-305747-h17l3rt6	211	42	Singapore	Singapore	NNP
cord-305747-h17l3rt6	211	43	(	(	-LRB-
cord-305747-h17l3rt6	211	44	−1.03	−1.03	NNP
cord-305747-h17l3rt6	211	45	p.p	p.p	NNP
cord-305747-h17l3rt6	211	46	.	.	NNP
cord-305747-h17l3rt6	211	47	)	)	-RRB-
cord-305747-h17l3rt6	211	48	,	,	,
cord-305747-h17l3rt6	211	49	Thailand	Thailand	NNP
cord-305747-h17l3rt6	211	50	(	(	-LRB-
cord-305747-h17l3rt6	211	51	−0.85	−0.85	NNP
cord-305747-h17l3rt6	211	52	p.p	p.p	NNP
cord-305747-h17l3rt6	211	53	.	.	NNP
cord-305747-h17l3rt6	211	54	)	)	-RRB-
cord-305747-h17l3rt6	211	55	,	,	,
cord-305747-h17l3rt6	211	56	Malaysia	Malaysia	NNP
cord-305747-h17l3rt6	211	57	(	(	-LRB-
cord-305747-h17l3rt6	211	58	−0.57	−0.57	NNP
cord-305747-h17l3rt6	211	59	p.p	p.p	NNP
cord-305747-h17l3rt6	211	60	.	.	NNP
cord-305747-h17l3rt6	211	61	)	)	-RRB-
cord-305747-h17l3rt6	211	62	,	,	,
cord-305747-h17l3rt6	211	63	Indonesia	Indonesia	NNP
cord-305747-h17l3rt6	211	64	(	(	-LRB-
cord-305747-h17l3rt6	211	65	−0.48	−0.48	NNP
cord-305747-h17l3rt6	211	66	p.p	p.p	NNP
cord-305747-h17l3rt6	211	67	.	.	NNP
cord-305747-h17l3rt6	211	68	)	)	-RRB-
cord-305747-h17l3rt6	211	69	,	,	,
cord-305747-h17l3rt6	211	70	Hong	Hong	NNP
cord-305747-h17l3rt6	211	71	Kong	Kong	NNP
cord-305747-h17l3rt6	211	72	(	(	-LRB-
cord-305747-h17l3rt6	211	73	−0.26	−0.26	NNP
cord-305747-h17l3rt6	211	74	p.p	p.p	NNP
cord-305747-h17l3rt6	211	75	.	.	NNP
cord-305747-h17l3rt6	211	76	)	)	-RRB-
cord-305747-h17l3rt6	211	77	,	,	,
cord-305747-h17l3rt6	211	78	and	and	CC
cord-305747-h17l3rt6	211	79	Australia	Australia	NNP
cord-305747-h17l3rt6	211	80	(	(	-LRB-
cord-305747-h17l3rt6	211	81	−0.17	−0.17	NNP
cord-305747-h17l3rt6	211	82	p.p	p.p	NNP
cord-305747-h17l3rt6	211	83	.	.	NNP
cord-305747-h17l3rt6	211	84	)	)	-RRB-
cord-305747-h17l3rt6	211	85	.	.	.
cord-305747-h17l3rt6	212	1	According	accord	VBG
cord-305747-h17l3rt6	212	2	to	to	IN
cord-305747-h17l3rt6	212	3	the	the	DT
cord-305747-h17l3rt6	212	4	results	result	NNS
cord-305747-h17l3rt6	212	5	the	the	DT
cord-305747-h17l3rt6	212	6	IRFs	irfs	NN
cord-305747-h17l3rt6	212	7	from	from	IN
cord-305747-h17l3rt6	212	8	the	the	DT
cord-305747-h17l3rt6	212	9	BVAR	BVAR	NNP
cord-305747-h17l3rt6	212	10	model	model	NN
cord-305747-h17l3rt6	212	11	are	be	VBP
cord-305747-h17l3rt6	212	12	statistically	statistically	RB
cord-305747-h17l3rt6	212	13	significant	significant	JJ
cord-305747-h17l3rt6	212	14	on	on	IN
cord-305747-h17l3rt6	212	15	impact	impact	NN
cord-305747-h17l3rt6	212	16	.	.	.
cord-305747-h17l3rt6	213	1	If	if	IN
cord-305747-h17l3rt6	213	2	we	-PRON-	PRP
cord-305747-h17l3rt6	213	3	omit	omit	VBP
cord-305747-h17l3rt6	213	4	the	the	DT
cord-305747-h17l3rt6	213	5	first	first	JJ
cord-305747-h17l3rt6	213	6	quarter	quarter	NN
cord-305747-h17l3rt6	213	7	,	,	,
cord-305747-h17l3rt6	213	8	the	the	DT
cord-305747-h17l3rt6	213	9	GDP	GDP	NNP
cord-305747-h17l3rt6	213	10	reaction	reaction	NN
cord-305747-h17l3rt6	213	11	becomes	become	VBZ
cord-305747-h17l3rt6	213	12	statistically	statistically	RB
cord-305747-h17l3rt6	213	13	insignificant	insignificant	JJ
cord-305747-h17l3rt6	213	14	for	for	IN
cord-305747-h17l3rt6	213	15	Hong	Hong	NNP
cord-305747-h17l3rt6	213	16	Kong	Kong	NNP
cord-305747-h17l3rt6	213	17	,	,	,
cord-305747-h17l3rt6	213	18	Japan	Japan	NNP
cord-305747-h17l3rt6	213	19	,	,	,
cord-305747-h17l3rt6	213	20	New	New	NNP
cord-305747-h17l3rt6	213	21	Zealand	Zealand	NNP
cord-305747-h17l3rt6	213	22	,	,	,
cord-305747-h17l3rt6	213	23	the	the	DT
cord-305747-h17l3rt6	213	24	Philippines	Philippines	NNPS
cord-305747-h17l3rt6	213	25	,	,	,
cord-305747-h17l3rt6	213	26	and	and	CC
cord-305747-h17l3rt6	213	27	South	South	NNP
cord-305747-h17l3rt6	213	28	Korea	Korea	NNP
cord-305747-h17l3rt6	213	29	.	.	.
cord-305747-h17l3rt6	214	1	In	in	IN
cord-305747-h17l3rt6	214	2	Japan	Japan	NNP
cord-305747-h17l3rt6	214	3	the	the	DT
cord-305747-h17l3rt6	214	4	reaction	reaction	NN
cord-305747-h17l3rt6	214	5	is	be	VBZ
cord-305747-h17l3rt6	214	6	very	very	RB
cord-305747-h17l3rt6	214	7	weak	weak	JJ
cord-305747-h17l3rt6	214	8	.	.	.
cord-305747-h17l3rt6	215	1	In	in	IN
cord-305747-h17l3rt6	215	2	the	the	DT
cord-305747-h17l3rt6	215	3	Philippines	Philippines	NNPS
cord-305747-h17l3rt6	215	4	we	-PRON-	PRP
cord-305747-h17l3rt6	215	5	find	find	VBP
cord-305747-h17l3rt6	215	6	a	a	DT
cord-305747-h17l3rt6	215	7	counterintuitive	counterintuitive	JJ
cord-305747-h17l3rt6	215	8	positive	positive	JJ
cord-305747-h17l3rt6	215	9	reaction	reaction	NN
cord-305747-h17l3rt6	215	10	of	of	IN
cord-305747-h17l3rt6	215	11	domestic	domestic	JJ
cord-305747-h17l3rt6	215	12	GDP	gdp	NN
cord-305747-h17l3rt6	215	13	to	to	IN
cord-305747-h17l3rt6	215	14	negative	negative	JJ
cord-305747-h17l3rt6	215	15	Chinese	chinese	JJ
cord-305747-h17l3rt6	215	16	GDP	gdp	NN
cord-305747-h17l3rt6	215	17	shock	shock	NN
cord-305747-h17l3rt6	215	18	.	.	.
cord-305747-h17l3rt6	216	1	Thus	thus	RB
cord-305747-h17l3rt6	216	2	,	,	,
cord-305747-h17l3rt6	216	3	both	both	CC
cord-305747-h17l3rt6	216	4	the	the	DT
cord-305747-h17l3rt6	216	5	GVAR	GVAR	NNP
cord-305747-h17l3rt6	216	6	and	and	CC
cord-305747-h17l3rt6	216	7	BVAR	BVAR	NNP
cord-305747-h17l3rt6	216	8	models	model	NNS
cord-305747-h17l3rt6	216	9	show	show	VBP
cord-305747-h17l3rt6	216	10	that	that	IN
cord-305747-h17l3rt6	216	11	Chinese	Chinese	NNP
cord-305747-h17l3rt6	216	12	Taipei	Taipei	NNP
cord-305747-h17l3rt6	216	13	is	be	VBZ
cord-305747-h17l3rt6	216	14	the	the	DT
cord-305747-h17l3rt6	216	15	most	most	RBS
cord-305747-h17l3rt6	216	16	affected	affect	VBN
cord-305747-h17l3rt6	216	17	economy	economy	NN
cord-305747-h17l3rt6	216	18	by	by	IN
cord-305747-h17l3rt6	216	19	negative	negative	JJ
cord-305747-h17l3rt6	216	20	GDP	gdp	NN
cord-305747-h17l3rt6	216	21	shock	shock	NN
cord-305747-h17l3rt6	216	22	in	in	IN
cord-305747-h17l3rt6	216	23	China	China	NNP
cord-305747-h17l3rt6	216	24	.	.	.
cord-305747-h17l3rt6	217	1	The	the	DT
cord-305747-h17l3rt6	217	2	results	result	NNS
cord-305747-h17l3rt6	217	3	for	for	IN
cord-305747-h17l3rt6	217	4	Japan	Japan	NNP
cord-305747-h17l3rt6	217	5	from	from	IN
cord-305747-h17l3rt6	217	6	the	the	DT
cord-305747-h17l3rt6	217	7	GVAR	GVAR	NNP
cord-305747-h17l3rt6	217	8	model	model	NN
cord-305747-h17l3rt6	217	9	and	and	CC
cord-305747-h17l3rt6	217	10	from	from	IN
cord-305747-h17l3rt6	217	11	the	the	DT
cord-305747-h17l3rt6	217	12	BVAR	BVAR	NNP
cord-305747-h17l3rt6	217	13	model	model	NN
cord-305747-h17l3rt6	217	14	are	be	VBP
cord-305747-h17l3rt6	217	15	very	very	RB
cord-305747-h17l3rt6	217	16	different	different	JJ
cord-305747-h17l3rt6	217	17	.	.	.
cord-305747-h17l3rt6	218	1	Both	both	DT
cord-305747-h17l3rt6	218	2	specifications	specification	NNS
cord-305747-h17l3rt6	218	3	point	point	VBP
cord-305747-h17l3rt6	218	4	to	to	IN
cord-305747-h17l3rt6	218	5	very	very	RB
cord-305747-h17l3rt6	218	6	weak	weak	JJ
cord-305747-h17l3rt6	218	7	and	and	CC
cord-305747-h17l3rt6	218	8	statistically	statistically	RB
cord-305747-h17l3rt6	218	9	insignificant	insignificant	JJ
cord-305747-h17l3rt6	218	10	output	output	NN
cord-305747-h17l3rt6	218	11	reaction	reaction	NN
cord-305747-h17l3rt6	218	12	in	in	IN
cord-305747-h17l3rt6	218	13	New	New	NNP
cord-305747-h17l3rt6	218	14	Zealand	Zealand	NNP
cord-305747-h17l3rt6	218	15	.	.	.
cord-305747-h17l3rt6	219	1	Figure	figure	NN
cord-305747-h17l3rt6	219	2	5	5	CD
cord-305747-h17l3rt6	219	3	shows	show	VBZ
cord-305747-h17l3rt6	219	4	posterior	posterior	JJ
cord-305747-h17l3rt6	219	5	inclusion	inclusion	NN
cord-305747-h17l3rt6	219	6	probabilities	probability	NNS
cord-305747-h17l3rt6	219	7	of	of	IN
cord-305747-h17l3rt6	219	8	each	each	DT
cord-305747-h17l3rt6	219	9	structural	structural	JJ
cord-305747-h17l3rt6	219	10	characteristic	characteristic	NN
cord-305747-h17l3rt6	219	11	being	be	VBG
cord-305747-h17l3rt6	219	12	in	in	IN
cord-305747-h17l3rt6	219	13	the	the	DT
cord-305747-h17l3rt6	219	14	model	model	NN
cord-305747-h17l3rt6	219	15	from	from	IN
cord-305747-h17l3rt6	219	16	the	the	DT
cord-305747-h17l3rt6	219	17	baseline	baseline	JJ
cord-305747-h17l3rt6	219	18	BMA	BMA	NNP
cord-305747-h17l3rt6	219	19	analysis	analysis	NN
cord-305747-h17l3rt6	219	20	(	(	-LRB-
cord-305747-h17l3rt6	219	21	based	base	VBN
cord-305747-h17l3rt6	219	22	on	on	IN
cord-305747-h17l3rt6	219	23	results	result	NNS
cord-305747-h17l3rt6	219	24	from	from	IN
cord-305747-h17l3rt6	219	25	GVAR	GVAR	NNP
cord-305747-h17l3rt6	219	26	,	,	,
cord-305747-h17l3rt6	219	27	without	without	IN
cord-305747-h17l3rt6	219	28	the	the	DT
cord-305747-h17l3rt6	219	29	weight	weight	NN
cord-305747-h17l3rt6	219	30	in	in	IN
cord-305747-h17l3rt6	219	31	trade	trade	NN
cord-305747-h17l3rt6	219	32	with	with	IN
cord-305747-h17l3rt6	219	33	China	China	NNP
cord-305747-h17l3rt6	219	34	among	among	IN
cord-305747-h17l3rt6	219	35	regressors	regressor	NNS
cord-305747-h17l3rt6	219	36	)	)	-RRB-
cord-305747-h17l3rt6	219	37	.	.	.
cord-305747-h17l3rt6	220	1	13	13	CD
cord-305747-h17l3rt6	221	1	They	-PRON-	PRP
cord-305747-h17l3rt6	221	2	are	be	VBP
cord-305747-h17l3rt6	221	3	the	the	DT
cord-305747-h17l3rt6	221	4	highest	high	JJS
cord-305747-h17l3rt6	221	5	for	for	IN
cord-305747-h17l3rt6	221	6	the	the	DT
cord-305747-h17l3rt6	221	7	exchange	exchange	NN
cord-305747-h17l3rt6	221	8	rate	rate	NN
cord-305747-h17l3rt6	221	9	regime	regime	NN
cord-305747-h17l3rt6	221	10	(	(	-LRB-
cord-305747-h17l3rt6	221	11	94.5	94.5	CD
cord-305747-h17l3rt6	221	12	%	%	NN
cord-305747-h17l3rt6	221	13	)	)	-RRB-
cord-305747-h17l3rt6	221	14	,	,	,
cord-305747-h17l3rt6	221	15	GDP	GDP	NNP
cord-305747-h17l3rt6	221	16	in	in	IN
cord-305747-h17l3rt6	221	17	PPP	PPP	NNP
cord-305747-h17l3rt6	221	18	(	(	-LRB-
cord-305747-h17l3rt6	221	19	98.0	98.0	CD
cord-305747-h17l3rt6	221	20	%	%	NN
cord-305747-h17l3rt6	221	21	)	)	-RRB-
cord-305747-h17l3rt6	221	22	,	,	,
cord-305747-h17l3rt6	221	23	the	the	DT
cord-305747-h17l3rt6	221	24	share	share	NN
cord-305747-h17l3rt6	221	25	of	of	IN
cord-305747-h17l3rt6	221	26	manufacturing	manufacturing	NN
cord-305747-h17l3rt6	221	27	in	in	IN
cord-305747-h17l3rt6	221	28	international	international	JJ
cord-305747-h17l3rt6	221	29	trade	trade	NN
cord-305747-h17l3rt6	221	30	(	(	-LRB-
cord-305747-h17l3rt6	221	31	81.1	81.1	CD
cord-305747-h17l3rt6	221	32	%	%	NN
cord-305747-h17l3rt6	221	33	)	)	-RRB-
cord-305747-h17l3rt6	221	34	,	,	,
cord-305747-h17l3rt6	221	35	the	the	DT
cord-305747-h17l3rt6	221	36	size	size	NN
cord-305747-h17l3rt6	221	37	of	of	IN
cord-305747-h17l3rt6	221	38	international	international	JJ
cord-305747-h17l3rt6	221	39	investment	investment	NN
cord-305747-h17l3rt6	221	40	position	position	NN
cord-305747-h17l3rt6	221	41	(	(	-LRB-
cord-305747-h17l3rt6	221	42	78.5	78.5	CD
cord-305747-h17l3rt6	221	43	%	%	NN
cord-305747-h17l3rt6	221	44	)	)	-RRB-
cord-305747-h17l3rt6	221	45	,	,	,
cord-305747-h17l3rt6	221	46	and	and	CC
cord-305747-h17l3rt6	221	47	the	the	DT
cord-305747-h17l3rt6	221	48	share	share	NN
cord-305747-h17l3rt6	221	49	of	of	IN
cord-305747-h17l3rt6	221	50	manufacturing	manufacturing	NN
cord-305747-h17l3rt6	221	51	in	in	IN
cord-305747-h17l3rt6	221	52	GVA	GVA	NNP
cord-305747-h17l3rt6	221	53	(	(	-LRB-
cord-305747-h17l3rt6	221	54	80.0	80.0	CD
cord-305747-h17l3rt6	221	55	%	%	NN
cord-305747-h17l3rt6	221	56	)	)	-RRB-
cord-305747-h17l3rt6	221	57	.	.	.
cord-305747-h17l3rt6	222	1	T	T	NNP
cord-305747-h17l3rt6	222	2	hailand	hailand	NN
cord-305747-h17l3rt6	222	3	Figure	Figure	NNP
cord-305747-h17l3rt6	222	4	6	6	CD
cord-305747-h17l3rt6	222	5	shows	show	VBZ
cord-305747-h17l3rt6	222	6	the	the	DT
cord-305747-h17l3rt6	222	7	results	result	NNS
cord-305747-h17l3rt6	222	8	in	in	IN
cord-305747-h17l3rt6	222	9	a	a	DT
cord-305747-h17l3rt6	222	10	different	different	JJ
cord-305747-h17l3rt6	222	11	way	way	NN
cord-305747-h17l3rt6	222	12	.	.	.
cord-305747-h17l3rt6	223	1	Rows	row	NNS
cord-305747-h17l3rt6	223	2	correspond	correspond	VBP
cord-305747-h17l3rt6	223	3	to	to	IN
cord-305747-h17l3rt6	223	4	variables	variable	NNS
cord-305747-h17l3rt6	223	5	and	and	CC
cord-305747-h17l3rt6	223	6	columns	column	NNS
cord-305747-h17l3rt6	223	7	correspond	correspond	VBP
cord-305747-h17l3rt6	223	8	to	to	IN
cord-305747-h17l3rt6	223	9	models	model	NNS
cord-305747-h17l3rt6	223	10	.	.	.
cord-305747-h17l3rt6	224	1	The	the	DT
cord-305747-h17l3rt6	224	2	wider	wide	JJR
cord-305747-h17l3rt6	224	3	the	the	DT
cord-305747-h17l3rt6	224	4	column	column	NN
cord-305747-h17l3rt6	224	5	,	,	,
cord-305747-h17l3rt6	224	6	the	the	DT
cord-305747-h17l3rt6	224	7	higher	high	JJR
cord-305747-h17l3rt6	224	8	the	the	DT
cord-305747-h17l3rt6	224	9	probability	probability	NN
cord-305747-h17l3rt6	224	10	of	of	IN
cord-305747-h17l3rt6	224	11	a	a	DT
cord-305747-h17l3rt6	224	12	given	give	VBN
cord-305747-h17l3rt6	224	13	model	model	NN
cord-305747-h17l3rt6	224	14	.	.	.
cord-305747-h17l3rt6	225	1	Models	model	NNS
cord-305747-h17l3rt6	225	2	are	be	VBP
cord-305747-h17l3rt6	225	3	ordered	order	VBN
cord-305747-h17l3rt6	225	4	so	so	IN
cord-305747-h17l3rt6	225	5	that	that	IN
cord-305747-h17l3rt6	225	6	the	the	DT
cord-305747-h17l3rt6	225	7	first	first	JJ
cord-305747-h17l3rt6	225	8	one	one	NN
cord-305747-h17l3rt6	225	9	has	have	VBZ
cord-305747-h17l3rt6	225	10	the	the	DT
cord-305747-h17l3rt6	225	11	highest	high	JJS
cord-305747-h17l3rt6	225	12	probability	probability	NN
cord-305747-h17l3rt6	225	13	.	.	.
cord-305747-h17l3rt6	226	1	If	if	IN
cord-305747-h17l3rt6	226	2	a	a	DT
cord-305747-h17l3rt6	226	3	variable	variable	NN
cord-305747-h17l3rt6	226	4	enters	enter	VBZ
cord-305747-h17l3rt6	226	5	a	a	DT
cord-305747-h17l3rt6	226	6	given	give	VBN
cord-305747-h17l3rt6	226	7	model	model	NN
cord-305747-h17l3rt6	226	8	,	,	,
cord-305747-h17l3rt6	226	9	it	-PRON-	PRP
cord-305747-h17l3rt6	226	10	is	be	VBZ
cord-305747-h17l3rt6	226	11	in	in	IN
cord-305747-h17l3rt6	226	12	red	red	JJ
cord-305747-h17l3rt6	226	13	(	(	-LRB-
cord-305747-h17l3rt6	226	14	a	a	DT
cord-305747-h17l3rt6	226	15	positive	positive	JJ
cord-305747-h17l3rt6	226	16	impact	impact	NN
cord-305747-h17l3rt6	226	17	)	)	-RRB-
cord-305747-h17l3rt6	226	18	or	or	CC
cord-305747-h17l3rt6	226	19	in	in	IN
cord-305747-h17l3rt6	226	20	blue	blue	JJ
cord-305747-h17l3rt6	226	21	(	(	-LRB-
cord-305747-h17l3rt6	226	22	a	a	DT
cord-305747-h17l3rt6	226	23	negative	negative	JJ
cord-305747-h17l3rt6	226	24	impact	impact	NN
cord-305747-h17l3rt6	226	25	)	)	-RRB-
cord-305747-h17l3rt6	226	26	in	in	IN
cord-305747-h17l3rt6	226	27	a	a	DT
cord-305747-h17l3rt6	226	28	cell	cell	NN
cord-305747-h17l3rt6	226	29	.	.	.
cord-305747-h17l3rt6	227	1	Otherwise	otherwise	RB
cord-305747-h17l3rt6	227	2	--	--	:
cord-305747-h17l3rt6	227	3	it	-PRON-	PRP
cord-305747-h17l3rt6	227	4	is	be	VBZ
cord-305747-h17l3rt6	227	5	in	in	IN
cord-305747-h17l3rt6	227	6	white	white	JJ
cord-305747-h17l3rt6	227	7	.	.	.
cord-305747-h17l3rt6	228	1	When	when	WRB
cord-305747-h17l3rt6	228	2	interpreting	interpret	VBG
cord-305747-h17l3rt6	228	3	the	the	DT
cord-305747-h17l3rt6	228	4	results	result	NNS
cord-305747-h17l3rt6	228	5	it	-PRON-	PRP
cord-305747-h17l3rt6	228	6	should	should	MD
cord-305747-h17l3rt6	228	7	be	be	VB
cord-305747-h17l3rt6	228	8	noted	note	VBN
cord-305747-h17l3rt6	228	9	that	that	IN
cord-305747-h17l3rt6	228	10	responses	response	NNS
cord-305747-h17l3rt6	228	11	are	be	VBP
cord-305747-h17l3rt6	228	12	to	to	IN
cord-305747-h17l3rt6	228	13	a	a	DT
cord-305747-h17l3rt6	228	14	negative	negative	JJ
cord-305747-h17l3rt6	228	15	impulse	impulse	NN
cord-305747-h17l3rt6	228	16	.	.	.
cord-305747-h17l3rt6	229	1	The	the	DT
cord-305747-h17l3rt6	229	2	relationship	relationship	NN
cord-305747-h17l3rt6	229	3	between	between	IN
cord-305747-h17l3rt6	229	4	the	the	DT
cord-305747-h17l3rt6	229	5	strength	strength	NN
cord-305747-h17l3rt6	229	6	of	of	IN
cord-305747-h17l3rt6	229	7	the	the	DT
cord-305747-h17l3rt6	229	8	response	response	NN
cord-305747-h17l3rt6	229	9	to	to	IN
cord-305747-h17l3rt6	229	10	a	a	DT
cord-305747-h17l3rt6	229	11	China	China	NNP
cord-305747-h17l3rt6	229	12	GDP	GDP	NNP
cord-305747-h17l3rt6	229	13	impulse	impulse	NN
cord-305747-h17l3rt6	229	14	is	be	VBZ
cord-305747-h17l3rt6	229	15	negatively	negatively	RB
cord-305747-h17l3rt6	229	16	related	relate	VBN
cord-305747-h17l3rt6	229	17	with	with	IN
cord-305747-h17l3rt6	229	18	the	the	DT
cord-305747-h17l3rt6	229	19	exchange	exchange	NN
cord-305747-h17l3rt6	229	20	rate	rate	NN
cord-305747-h17l3rt6	229	21	regime	regime	NN
cord-305747-h17l3rt6	229	22	(	(	-LRB-
cord-305747-h17l3rt6	229	23	the	the	DT
cord-305747-h17l3rt6	229	24	less	less	RBR
cord-305747-h17l3rt6	229	25	flexible	flexible	JJ
cord-305747-h17l3rt6	229	26	the	the	DT
cord-305747-h17l3rt6	229	27	exchange	exchange	NN
cord-305747-h17l3rt6	229	28	rate	rate	NN
cord-305747-h17l3rt6	229	29	,	,	,
cord-305747-h17l3rt6	229	30	the	the	DT
cord-305747-h17l3rt6	229	31	stronger	strong	JJR
cord-305747-h17l3rt6	229	32	the	the	DT
cord-305747-h17l3rt6	229	33	response	response	NN
cord-305747-h17l3rt6	229	34	)	)	-RRB-
cord-305747-h17l3rt6	229	35	,	,	,
cord-305747-h17l3rt6	229	36	GDP	GDP	NNP
cord-305747-h17l3rt6	229	37	in	in	IN
cord-305747-h17l3rt6	229	38	PPP	PPP	NNP
cord-305747-h17l3rt6	229	39	and	and	CC
cord-305747-h17l3rt6	229	40	the	the	DT
cord-305747-h17l3rt6	229	41	size	size	NN
cord-305747-h17l3rt6	229	42	of	of	IN
cord-305747-h17l3rt6	229	43	international	international	JJ
cord-305747-h17l3rt6	229	44	investment	investment	NN
cord-305747-h17l3rt6	229	45	position	position	NN
cord-305747-h17l3rt6	229	46	,	,	,
cord-305747-h17l3rt6	229	47	and	and	CC
cord-305747-h17l3rt6	229	48	positively	positively	RB
cord-305747-h17l3rt6	229	49	related	relate	VBN
cord-305747-h17l3rt6	229	50	with	with	IN
cord-305747-h17l3rt6	229	51	the	the	DT
cord-305747-h17l3rt6	229	52	share	share	NN
cord-305747-h17l3rt6	229	53	of	of	IN
cord-305747-h17l3rt6	229	54	manufacturing	manufacturing	NN
cord-305747-h17l3rt6	229	55	in	in	IN
cord-305747-h17l3rt6	229	56	international	international	JJ
cord-305747-h17l3rt6	229	57	trade	trade	NN
cord-305747-h17l3rt6	229	58	.	.	.
cord-305747-h17l3rt6	230	1	Table	table	NN
cord-305747-h17l3rt6	230	2	A2	A2	NNP
cord-305747-h17l3rt6	230	3	F	F	NNP
cord-305747-h17l3rt6	231	1	I	-PRON-	PRP
cord-305747-h17l3rt6	231	2	G	g	NN
cord-305747-h17l3rt6	231	3	U	u	NN
cord-305747-h17l3rt6	231	4	R	r	NN
cord-305747-h17l3rt6	231	5	E	e	NN
cord-305747-h17l3rt6	231	6	6	6	CD
cord-305747-h17l3rt6	231	7	Graphical	graphical	JJ
cord-305747-h17l3rt6	231	8	results	result	NNS
cord-305747-h17l3rt6	231	9	of	of	IN
cord-305747-h17l3rt6	231	10	BMA	BMA	NNP
cord-305747-h17l3rt6	231	11	analysis	analysis	NN
cord-305747-h17l3rt6	231	12	-	-	HYPH
cord-305747-h17l3rt6	231	13	baseline	baseline	NN
cord-305747-h17l3rt6	231	14	.	.	.
cord-305747-h17l3rt6	232	1	Abbreviations	abbreviation	NNS
cord-305747-h17l3rt6	232	2	are	be	VBP
cord-305747-h17l3rt6	232	3	explained	explain	VBN
cord-305747-h17l3rt6	232	4	in	in	IN
cord-305747-h17l3rt6	232	5	Table	Table	NNP
cord-305747-h17l3rt6	232	6	A2	A2	NNP
cord-305747-h17l3rt6	232	7	|	|	NNP
cord-305747-h17l3rt6	232	8	19	19	CD
cord-305747-h17l3rt6	232	9	Figures	figure	NNS
cord-305747-h17l3rt6	232	10	7	7	CD
cord-305747-h17l3rt6	232	11	-	-	SYM
cord-305747-h17l3rt6	232	12	10	10	CD
cord-305747-h17l3rt6	232	13	show	show	VBP
cord-305747-h17l3rt6	232	14	the	the	DT
cord-305747-h17l3rt6	232	15	results	result	NNS
cord-305747-h17l3rt6	232	16	from	from	IN
cord-305747-h17l3rt6	232	17	the	the	DT
cord-305747-h17l3rt6	232	18	remaining	remain	VBG
cord-305747-h17l3rt6	232	19	variants	variant	NNS
cord-305747-h17l3rt6	232	20	of	of	IN
cord-305747-h17l3rt6	232	21	the	the	DT
cord-305747-h17l3rt6	232	22	BMA	BMA	NNP
cord-305747-h17l3rt6	232	23	analysis	analysis	NN
cord-305747-h17l3rt6	232	24	(	(	-LRB-
cord-305747-h17l3rt6	232	25	responses	response	NNS
cord-305747-h17l3rt6	232	26	from	from	IN
cord-305747-h17l3rt6	232	27	GVAR	GVAR	NNP
cord-305747-h17l3rt6	232	28	with	with	IN
cord-305747-h17l3rt6	232	29	the	the	DT
cord-305747-h17l3rt6	232	30	weight	weight	NN
cord-305747-h17l3rt6	232	31	in	in	IN
cord-305747-h17l3rt6	232	32	trade	trade	NN
cord-305747-h17l3rt6	232	33	with	with	IN
cord-305747-h17l3rt6	232	34	China	China	NNP
cord-305747-h17l3rt6	232	35	among	among	IN
cord-305747-h17l3rt6	232	36	regressors	regressor	NNS
cord-305747-h17l3rt6	232	37	,	,	,
cord-305747-h17l3rt6	232	38	responses	response	NNS
cord-305747-h17l3rt6	232	39	from	from	IN
cord-305747-h17l3rt6	232	40	BVARs	bvar	NNS
cord-305747-h17l3rt6	232	41	with	with	IN
cord-305747-h17l3rt6	232	42	or	or	CC
cord-305747-h17l3rt6	232	43	without	without	IN
cord-305747-h17l3rt6	232	44	the	the	DT
cord-305747-h17l3rt6	232	45	weight	weight	NN
cord-305747-h17l3rt6	232	46	in	in	IN
cord-305747-h17l3rt6	232	47	trade	trade	NN
cord-305747-h17l3rt6	232	48	)	)	-RRB-
cord-305747-h17l3rt6	232	49	.	.	.
cord-305747-h17l3rt6	233	1	Some	some	DT
cord-305747-h17l3rt6	233	2	of	of	IN
cord-305747-h17l3rt6	233	3	them	-PRON-	PRP
cord-305747-h17l3rt6	233	4	give	give	VBP
cord-305747-h17l3rt6	233	5	a	a	DT
cord-305747-h17l3rt6	233	6	high	high	JJ
cord-305747-h17l3rt6	233	7	probability	probability	NN
cord-305747-h17l3rt6	233	8	of	of	IN
cord-305747-h17l3rt6	233	9	being	be	VBG
cord-305747-h17l3rt6	233	10	in	in	IN
cord-305747-h17l3rt6	233	11	the	the	DT
cord-305747-h17l3rt6	233	12	model	model	NN
cord-305747-h17l3rt6	233	13	for	for	IN
cord-305747-h17l3rt6	233	14	participation	participation	NN
cord-305747-h17l3rt6	233	15	in	in	IN
cord-305747-h17l3rt6	233	16	GVC	GVC	NNP
cord-305747-h17l3rt6	233	17	with	with	IN
cord-305747-h17l3rt6	233	18	China	China	NNP
cord-305747-h17l3rt6	233	19	(	(	-LRB-
cord-305747-h17l3rt6	233	20	a	a	DT
cord-305747-h17l3rt6	233	21	negative	negative	JJ
cord-305747-h17l3rt6	233	22	relationship	relationship	NN
cord-305747-h17l3rt6	233	23	)	)	-RRB-
cord-305747-h17l3rt6	233	24	,	,	,
cord-305747-h17l3rt6	233	25	and	and	CC
cord-305747-h17l3rt6	233	26	measures	measure	NNS
cord-305747-h17l3rt6	233	27	of	of	IN
cord-305747-h17l3rt6	233	28	trade	trade	NN
cord-305747-h17l3rt6	233	29	and	and	CC
cord-305747-h17l3rt6	233	30	financial	financial	JJ
cord-305747-h17l3rt6	233	31	openness	openness	NN
cord-305747-h17l3rt6	233	32	(	(	-LRB-
cord-305747-h17l3rt6	233	33	a	a	DT
cord-305747-h17l3rt6	233	34	negative	negative	JJ
cord-305747-h17l3rt6	233	35	and	and	CC
cord-305747-h17l3rt6	233	36	a	a	DT
cord-305747-h17l3rt6	233	37	positive	positive	JJ
cord-305747-h17l3rt6	233	38	relationship	relationship	NN
cord-305747-h17l3rt6	233	39	,	,	,
cord-305747-h17l3rt6	233	40	respectively	respectively	RB
cord-305747-h17l3rt6	233	41	)	)	-RRB-
cord-305747-h17l3rt6	233	42	.	.	.
cord-305747-h17l3rt6	234	1	Averaging	average	VBG
cord-305747-h17l3rt6	234	2	over	over	IN
cord-305747-h17l3rt6	234	3	the	the	DT
cord-305747-h17l3rt6	234	4	results	result	NNS
cord-305747-h17l3rt6	234	5	above	above	RB
cord-305747-h17l3rt6	234	6	,	,	,
cord-305747-h17l3rt6	234	7	among	among	IN
cord-305747-h17l3rt6	234	8	the	the	DT
cord-305747-h17l3rt6	234	9	most	most	RBS
cord-305747-h17l3rt6	234	10	important	important	JJ
cord-305747-h17l3rt6	234	11	factors	factor	NNS
cord-305747-h17l3rt6	234	12	differentiating	differentiate	VBG
cord-305747-h17l3rt6	234	13	responses	response	NNS
cord-305747-h17l3rt6	234	14	to	to	IN
cord-305747-h17l3rt6	234	15	a	a	DT
cord-305747-h17l3rt6	234	16	China	China	NNP
cord-305747-h17l3rt6	234	17	GDP	GDP	NNP
cord-305747-h17l3rt6	234	18	impulse	impulse	NN
cord-305747-h17l3rt6	234	19	are	be	VBP
cord-305747-h17l3rt6	234	20	:	:	:
cord-305747-h17l3rt6	234	21	the	the	DT
cord-305747-h17l3rt6	234	22	exchange	exchange	NN
cord-305747-h17l3rt6	234	23	rate	rate	NN
cord-305747-h17l3rt6	234	24	regime	regime	NN
cord-305747-h17l3rt6	234	25	,	,	,
cord-305747-h17l3rt6	234	26	the	the	DT
cord-305747-h17l3rt6	234	27	structure	structure	NN
cord-305747-h17l3rt6	234	28	of	of	IN
cord-305747-h17l3rt6	234	29	the	the	DT
cord-305747-h17l3rt6	234	30	economy	economy	NN
cord-305747-h17l3rt6	234	31	and	and	CC
cord-305747-h17l3rt6	234	32	its	-PRON-	PRP$
cord-305747-h17l3rt6	234	33	size	size	NN
cord-305747-h17l3rt6	234	34	,	,	,
cord-305747-h17l3rt6	234	35	with	with	IN
cord-305747-h17l3rt6	234	36	more	more	RBR
cord-305747-h17l3rt6	234	37	rigid	rigid	JJ
cord-305747-h17l3rt6	234	38	exchange	exchange	NN
cord-305747-h17l3rt6	234	39	rates	rate	NNS
cord-305747-h17l3rt6	234	40	,	,	,
cord-305747-h17l3rt6	234	41	higher	high	JJR
cord-305747-h17l3rt6	234	42	shares	share	NNS
cord-305747-h17l3rt6	234	43	of	of	IN
cord-305747-h17l3rt6	234	44	manufacturing	manufacture	VBG
cord-305747-h17l3rt6	234	45	in	in	IN
cord-305747-h17l3rt6	234	46	GVA	GVA	NNP
cord-305747-h17l3rt6	234	47	and	and	CC
cord-305747-h17l3rt6	234	48	larger	large	JJR
cord-305747-h17l3rt6	234	49	sizes	size	NNS
cord-305747-h17l3rt6	234	50	of	of	IN
cord-305747-h17l3rt6	234	51	the	the	DT
cord-305747-h17l3rt6	234	52	economy	economy	NN
cord-305747-h17l3rt6	234	53	associated	associate	VBN
cord-305747-h17l3rt6	234	54	with	with	IN
cord-305747-h17l3rt6	234	55	stronger	strong	JJR
cord-305747-h17l3rt6	234	56	spillovers	spillover	NNS
cord-305747-h17l3rt6	234	57	.	.	.
cord-305747-h17l3rt6	235	1	Below	below	IN
cord-305747-h17l3rt6	235	2	we	-PRON-	PRP
cord-305747-h17l3rt6	235	3	try	try	VBP
cord-305747-h17l3rt6	235	4	to	to	TO
cord-305747-h17l3rt6	235	5	interpret	interpret	VB
cord-305747-h17l3rt6	235	6	these	these	DT
cord-305747-h17l3rt6	235	7	results	result	NNS
cord-305747-h17l3rt6	235	8	.	.	.
cord-305747-h17l3rt6	236	1	The	the	DT
cord-305747-h17l3rt6	236	2	economies	economy	NNS
cord-305747-h17l3rt6	236	3	with	with	IN
cord-305747-h17l3rt6	236	4	floating	float	VBG
cord-305747-h17l3rt6	236	5	exchange	exchange	NN
cord-305747-h17l3rt6	236	6	rates	rate	NNS
cord-305747-h17l3rt6	236	7	should	should	MD
cord-305747-h17l3rt6	236	8	be	be	VB
cord-305747-h17l3rt6	236	9	more	more	RBR
cord-305747-h17l3rt6	236	10	resistant	resistant	JJ
cord-305747-h17l3rt6	236	11	to	to	IN
cord-305747-h17l3rt6	236	12	a	a	DT
cord-305747-h17l3rt6	236	13	decrease	decrease	NN
cord-305747-h17l3rt6	236	14	in	in	IN
cord-305747-h17l3rt6	236	15	China	China	NNP
cord-305747-h17l3rt6	236	16	's	's	POS
cord-305747-h17l3rt6	236	17	GDP	gdp	NN
cord-305747-h17l3rt6	236	18	,	,	,
cord-305747-h17l3rt6	236	19	because	because	IN
cord-305747-h17l3rt6	236	20	if	if	IN
cord-305747-h17l3rt6	236	21	it	-PRON-	PRP
cord-305747-h17l3rt6	236	22	leads	lead	VBZ
cord-305747-h17l3rt6	236	23	to	to	IN
cord-305747-h17l3rt6	236	24	a	a	DT
cord-305747-h17l3rt6	236	25	decrease	decrease	NN
cord-305747-h17l3rt6	236	26	in	in	IN
cord-305747-h17l3rt6	236	27	domestic	domestic	JJ
cord-305747-h17l3rt6	236	28	GDP	gdp	NN
cord-305747-h17l3rt6	236	29	,	,	,
cord-305747-h17l3rt6	236	30	then	then	RB
cord-305747-h17l3rt6	236	31	domestic	domestic	JJ
cord-305747-h17l3rt6	236	32	currency	currency	NN
cord-305747-h17l3rt6	236	33	should	should	MD
cord-305747-h17l3rt6	236	34	depreciate	depreciate	VB
cord-305747-h17l3rt6	236	35	leading	lead	VBG
cord-305747-h17l3rt6	236	36	to	to	IN
cord-305747-h17l3rt6	236	37	a	a	DT
cord-305747-h17l3rt6	236	38	later	later	JJ
cord-305747-h17l3rt6	236	39	increase	increase	NN
cord-305747-h17l3rt6	236	40	in	in	IN
cord-305747-h17l3rt6	236	41	domestic	domestic	JJ
cord-305747-h17l3rt6	236	42	GDP	gdp	NN
cord-305747-h17l3rt6	236	43	.	.	.
cord-305747-h17l3rt6	237	1	The	the	DT
cord-305747-h17l3rt6	237	2	share	share	NN
cord-305747-h17l3rt6	237	3	of	of	IN
cord-305747-h17l3rt6	237	4	industry	industry	NN
cord-305747-h17l3rt6	237	5	in	in	IN
cord-305747-h17l3rt6	237	6	China	China	NNP
cord-305747-h17l3rt6	237	7	's	's	POS
cord-305747-h17l3rt6	237	8	value	value	NN
cord-305747-h17l3rt6	237	9	added	add	VBN
cord-305747-h17l3rt6	237	10	was	be	VBD
cord-305747-h17l3rt6	237	11	about	about	RB
cord-305747-h17l3rt6	237	12	41	41	CD
cord-305747-h17l3rt6	237	13	%	%	NN
cord-305747-h17l3rt6	237	14	in	in	IN
cord-305747-h17l3rt6	237	15	2015	2015	CD
cord-305747-h17l3rt6	237	16	,	,	,
cord-305747-h17l3rt6	237	17	whereas	whereas	IN
cord-305747-h17l3rt6	237	18	the	the	DT
cord-305747-h17l3rt6	237	19	average	average	NN
cord-305747-h17l3rt6	237	20	for	for	IN
cord-305747-h17l3rt6	237	21	all	all	DT
cord-305747-h17l3rt6	237	22	other	other	JJ
cord-305747-h17l3rt6	237	23	countries	country	NNS
cord-305747-h17l3rt6	237	24	in	in	IN
cord-305747-h17l3rt6	237	25	our	-PRON-	PRP$
cord-305747-h17l3rt6	237	26	sample	sample	NN
cord-305747-h17l3rt6	237	27	was	be	VBD
cord-305747-h17l3rt6	237	28	31	31	CD
cord-305747-h17l3rt6	237	29	%	%	NN
cord-305747-h17l3rt6	237	30	,	,	,
cord-305747-h17l3rt6	237	31	similarly	similarly	RB
cord-305747-h17l3rt6	237	32	the	the	DT
cord-305747-h17l3rt6	237	33	share	share	NN
cord-305747-h17l3rt6	237	34	of	of	IN
cord-305747-h17l3rt6	237	35	manufacturing	manufacturing	NN
cord-305747-h17l3rt6	237	36	in	in	IN
cord-305747-h17l3rt6	237	37	China	China	NNP
cord-305747-h17l3rt6	237	38	's	's	POS
cord-305747-h17l3rt6	237	39	value	value	NN
cord-305747-h17l3rt6	237	40	added	add	VBN
cord-305747-h17l3rt6	237	41	was	be	VBD
cord-305747-h17l3rt6	237	42	about	about	RB
cord-305747-h17l3rt6	237	43	83	83	CD
cord-305747-h17l3rt6	237	44	%	%	NN
cord-305747-h17l3rt6	237	45	in	in	IN
cord-305747-h17l3rt6	237	46	2015	2015	CD
cord-305747-h17l3rt6	237	47	,	,	,
cord-305747-h17l3rt6	237	48	whereas	whereas	IN
cord-305747-h17l3rt6	237	49	the	the	DT
cord-305747-h17l3rt6	237	50	average	average	NN
cord-305747-h17l3rt6	237	51	for	for	IN
cord-305747-h17l3rt6	237	52	all	all	DT
cord-305747-h17l3rt6	237	53	other	other	JJ
cord-305747-h17l3rt6	237	54	countries	country	NNS
cord-305747-h17l3rt6	237	55	in	in	IN
cord-305747-h17l3rt6	237	56	our	-PRON-	PRP$
cord-305747-h17l3rt6	237	57	sample	sample	NN
cord-305747-h17l3rt6	237	58	was	be	VBD
cord-305747-h17l3rt6	237	59	67	67	CD
cord-305747-h17l3rt6	237	60	%	%	NN
cord-305747-h17l3rt6	237	61	.	.	.
cord-305747-h17l3rt6	238	1	It	-PRON-	PRP
cord-305747-h17l3rt6	238	2	means	mean	VBZ
cord-305747-h17l3rt6	238	3	that	that	IN
cord-305747-h17l3rt6	238	4	manufacturing	manufacturing	NN
cord-305747-h17l3rt6	238	5	is	be	VBZ
cord-305747-h17l3rt6	238	6	the	the	DT
cord-305747-h17l3rt6	238	7	most	most	RBS
cord-305747-h17l3rt6	238	8	important	important	JJ
cord-305747-h17l3rt6	238	9	component	component	NN
cord-305747-h17l3rt6	238	10	of	of	IN
cord-305747-h17l3rt6	238	11	China	China	NNP
cord-305747-h17l3rt6	238	12	's	's	POS
cord-305747-h17l3rt6	238	13	trade	trade	NN
cord-305747-h17l3rt6	238	14	,	,	,
cord-305747-h17l3rt6	238	15	thus	thus	RB
cord-305747-h17l3rt6	238	16	,	,	,
cord-305747-h17l3rt6	238	17	the	the	DT
cord-305747-h17l3rt6	238	18	slowdown	slowdown	NN
cord-305747-h17l3rt6	238	19	of	of	IN
cord-305747-h17l3rt6	238	20	Chinese	chinese	JJ
cord-305747-h17l3rt6	238	21	economy	economy	NN
cord-305747-h17l3rt6	238	22	transmits	transmit	VBZ
cord-305747-h17l3rt6	238	23	more	more	RBR
cord-305747-h17l3rt6	238	24	strongly	strongly	RB
cord-305747-h17l3rt6	238	25	to	to	IN
cord-305747-h17l3rt6	238	26	economies	economy	NNS
cord-305747-h17l3rt6	238	27	with	with	IN
cord-305747-h17l3rt6	238	28	higher	high	JJR
cord-305747-h17l3rt6	238	29	shares	share	NNS
cord-305747-h17l3rt6	238	30	of	of	IN
cord-305747-h17l3rt6	238	31	manufacturing	manufacture	VBG
cord-305747-h17l3rt6	238	32	in	in	IN
cord-305747-h17l3rt6	238	33	GVA	GVA	NNP
cord-305747-h17l3rt6	238	34	.	.	.
cord-305747-h17l3rt6	239	1	It	-PRON-	PRP
cord-305747-h17l3rt6	239	2	appears	appear	VBZ
cord-305747-h17l3rt6	239	3	that	that	IN
cord-305747-h17l3rt6	239	4	the	the	DT
cord-305747-h17l3rt6	239	5	size	size	NN
cord-305747-h17l3rt6	239	6	of	of	IN
cord-305747-h17l3rt6	239	7	economy	economy	NN
cord-305747-h17l3rt6	239	8	correlates	correlate	VBZ
cord-305747-h17l3rt6	239	9	with	with	IN
cord-305747-h17l3rt6	239	10	the	the	DT
cord-305747-h17l3rt6	239	11	weight	weight	NN
cord-305747-h17l3rt6	239	12	in	in	IN
cord-305747-h17l3rt6	239	13	trade	trade	NN
cord-305747-h17l3rt6	239	14	with	with	IN
cord-305747-h17l3rt6	239	15	China	China	NNP
cord-305747-h17l3rt6	239	16	.	.	.
cord-305747-h17l3rt6	240	1	It	-PRON-	PRP
cord-305747-h17l3rt6	240	2	means	mean	VBZ
cord-305747-h17l3rt6	240	3	that	that	IN
cord-305747-h17l3rt6	240	4	China	China	NNP
cord-305747-h17l3rt6	240	5	trades	trade	VBZ
cord-305747-h17l3rt6	240	6	more	more	RBR
cord-305747-h17l3rt6	240	7	with	with	IN
cord-305747-h17l3rt6	240	8	larger	large	JJR
cord-305747-h17l3rt6	240	9	economies	economy	NNS
cord-305747-h17l3rt6	240	10	.	.	.
cord-305747-h17l3rt6	241	1	Therefore	therefore	RB
cord-305747-h17l3rt6	241	2	,	,	,
cord-305747-h17l3rt6	241	3	larger	large	JJR
cord-305747-h17l3rt6	241	4	economies	economy	NNS
cord-305747-h17l3rt6	241	5	are	be	VBP
cord-305747-h17l3rt6	241	6	more	more	RBR
cord-305747-h17l3rt6	241	7	affected	affect	VBN
cord-305747-h17l3rt6	241	8	by	by	IN
cord-305747-h17l3rt6	241	9	negative	negative	JJ
cord-305747-h17l3rt6	241	10	demand	demand	NN
cord-305747-h17l3rt6	241	11	shocks	shock	NNS
cord-305747-h17l3rt6	241	12	from	from	IN
cord-305747-h17l3rt6	241	13	China	China	NNP
cord-305747-h17l3rt6	241	14	.	.	.
cord-305747-h17l3rt6	241	15	 	 	_SP
cord-305747-h17l3rt6	242	1	In	in	IN
cord-305747-h17l3rt6	242	2	this	this	DT
cord-305747-h17l3rt6	242	3	study	study	NN
cord-305747-h17l3rt6	242	4	we	-PRON-	PRP
cord-305747-h17l3rt6	242	5	develop	develop	VBP
cord-305747-h17l3rt6	242	6	the	the	DT
cord-305747-h17l3rt6	242	7	GVAR	GVAR	NNP
cord-305747-h17l3rt6	242	8	model	model	NN
cord-305747-h17l3rt6	242	9	to	to	TO
cord-305747-h17l3rt6	242	10	investigate	investigate	VB
cord-305747-h17l3rt6	242	11	how	how	WRB
cord-305747-h17l3rt6	242	12	a	a	DT
cord-305747-h17l3rt6	242	13	slowdown	slowdown	NN
cord-305747-h17l3rt6	242	14	in	in	IN
cord-305747-h17l3rt6	242	15	Chinese	chinese	JJ
cord-305747-h17l3rt6	242	16	economy	economy	NN
cord-305747-h17l3rt6	242	17	may	may	MD
cord-305747-h17l3rt6	242	18	affect	affect	VB
cord-305747-h17l3rt6	242	19	other	other	JJ
cord-305747-h17l3rt6	242	20	economies	economy	NNS
cord-305747-h17l3rt6	242	21	.	.	.
cord-305747-h17l3rt6	243	1	We	-PRON-	PRP
cord-305747-h17l3rt6	243	2	use	use	VBP
cord-305747-h17l3rt6	243	3	a	a	DT
cord-305747-h17l3rt6	243	4	novel	novel	JJ
cord-305747-h17l3rt6	243	5	data	datum	NNS
cord-305747-h17l3rt6	243	6	set	set	VBN
cord-305747-h17l3rt6	243	7	that	that	WDT
cord-305747-h17l3rt6	243	8	spans	span	VBZ
cord-305747-h17l3rt6	243	9	from1995Q1	from1995q1	CD
cord-305747-h17l3rt6	243	10	to	to	IN
cord-305747-h17l3rt6	243	11	2017Q4	2017q4	CD
cord-305747-h17l3rt6	243	12	and	and	CC
cord-305747-h17l3rt6	243	13	covers	cover	VBZ
cord-305747-h17l3rt6	243	14	59	59	CD
cord-305747-h17l3rt6	243	15	economies	economy	NNS
cord-305747-h17l3rt6	243	16	.	.	.
cord-305747-h17l3rt6	244	1	We	-PRON-	PRP
cord-305747-h17l3rt6	244	2	apply	apply	VBP
cord-305747-h17l3rt6	244	3	time	time	NN
cord-305747-h17l3rt6	244	4	-	-	HYPH
cord-305747-h17l3rt6	244	5	varying	vary	VBG
cord-305747-h17l3rt6	244	6	trade	trade	NN
cord-305747-h17l3rt6	244	7	weights	weight	NNS
cord-305747-h17l3rt6	244	8	.	.	.
cord-305747-h17l3rt6	245	1	Also	also	RB
cord-305747-h17l3rt6	245	2	,	,	,
cord-305747-h17l3rt6	245	3	we	-PRON-	PRP
cord-305747-h17l3rt6	245	4	estimate	estimate	VBP
cord-305747-h17l3rt6	245	5	a	a	DT
cord-305747-h17l3rt6	245	6	set	set	NN
cord-305747-h17l3rt6	245	7	of	of	IN
cord-305747-h17l3rt6	245	8	BVAR	BVAR	NNP
cord-305747-h17l3rt6	245	9	models	model	NNS
cord-305747-h17l3rt6	245	10	to	to	TO
cord-305747-h17l3rt6	245	11	check	check	VB
cord-305747-h17l3rt6	245	12	the	the	DT
cord-305747-h17l3rt6	245	13	robustness	robustness	NN
cord-305747-h17l3rt6	245	14	of	of	IN
cord-305747-h17l3rt6	245	15	the	the	DT
cord-305747-h17l3rt6	245	16	results	result	NNS
cord-305747-h17l3rt6	245	17	.	.	.
cord-305747-h17l3rt6	246	1	We	-PRON-	PRP
cord-305747-h17l3rt6	246	2	decided	decide	VBD
cord-305747-h17l3rt6	246	3	to	to	TO
cord-305747-h17l3rt6	246	4	concentrate	concentrate	VB
cord-305747-h17l3rt6	246	5	on	on	IN
cord-305747-h17l3rt6	246	6	Southeast	Southeast	NNP
cord-305747-h17l3rt6	246	7	Asia	Asia	NNP
cord-305747-h17l3rt6	246	8	and	and	CC
cord-305747-h17l3rt6	246	9	Oceania	Oceania	NNP
cord-305747-h17l3rt6	246	10	,	,	,
cord-305747-h17l3rt6	246	11	because	because	IN
cord-305747-h17l3rt6	246	12	this	this	DT
cord-305747-h17l3rt6	246	13	region	region	NN
cord-305747-h17l3rt6	246	14	seems	seem	VBZ
cord-305747-h17l3rt6	246	15	to	to	TO
cord-305747-h17l3rt6	246	16	be	be	VB
cord-305747-h17l3rt6	246	17	the	the	DT
cord-305747-h17l3rt6	246	18	most	most	RBS
cord-305747-h17l3rt6	246	19	dependent	dependent	JJ
cord-305747-h17l3rt6	246	20	from	from	IN
cord-305747-h17l3rt6	246	21	China	China	NNP
cord-305747-h17l3rt6	246	22	.	.	.
cord-305747-h17l3rt6	247	1	Indeed	indeed	RB
cord-305747-h17l3rt6	247	2	,	,	,
cord-305747-h17l3rt6	247	3	our	-PRON-	PRP$
cord-305747-h17l3rt6	247	4	results	result	NNS
cord-305747-h17l3rt6	247	5	show	show	VBP
cord-305747-h17l3rt6	247	6	that	that	IN
cord-305747-h17l3rt6	247	7	the	the	DT
cord-305747-h17l3rt6	247	8	maximum	maximum	JJ
cord-305747-h17l3rt6	247	9	response	response	NN
cord-305747-h17l3rt6	247	10	of	of	IN
cord-305747-h17l3rt6	247	11	the	the	DT
cord-305747-h17l3rt6	247	12	whole	whole	JJ
cord-305747-h17l3rt6	247	13	global	global	JJ
cord-305747-h17l3rt6	247	14	economy	economy	NN
cord-305747-h17l3rt6	247	15	to	to	IN
cord-305747-h17l3rt6	247	16	1	1	CD
cord-305747-h17l3rt6	247	17	p.p	p.p	NNP
cord-305747-h17l3rt6	247	18	.	.	.
cord-305747-h17l3rt6	247	19	negative	negative	JJ
cord-305747-h17l3rt6	247	20	demand	demand	NN
cord-305747-h17l3rt6	247	21	shock	shock	NN
cord-305747-h17l3rt6	247	22	in	in	IN
cord-305747-h17l3rt6	247	23	China	China	NNP
cord-305747-h17l3rt6	247	24	is	be	VBZ
cord-305747-h17l3rt6	247	25	equal	equal	JJ
cord-305747-h17l3rt6	247	26	to	to	IN
cord-305747-h17l3rt6	247	27	−0.157	−0.157	NNP
cord-305747-h17l3rt6	247	28	p.p	p.p	NNP
cord-305747-h17l3rt6	247	29	.	.	.
cord-305747-h17l3rt6	248	1	after	after	IN
cord-305747-h17l3rt6	248	2	7	7	CD
cord-305747-h17l3rt6	248	3	quarters	quarter	NNS
cord-305747-h17l3rt6	248	4	,	,	,
cord-305747-h17l3rt6	248	5	while	while	IN
cord-305747-h17l3rt6	248	6	the	the	DT
cord-305747-h17l3rt6	248	7	maximum	maximum	JJ
cord-305747-h17l3rt6	248	8	response	response	NN
cord-305747-h17l3rt6	248	9	of	of	IN
cord-305747-h17l3rt6	248	10	Southeast	Southeast	NNP
cord-305747-h17l3rt6	248	11	Asia	Asia	NNP
cord-305747-h17l3rt6	248	12	and	and	CC
cord-305747-h17l3rt6	248	13	Oceania	Oceania	NNP
cord-305747-h17l3rt6	248	14	is	be	VBZ
cord-305747-h17l3rt6	248	15	equal	equal	JJ
cord-305747-h17l3rt6	248	16	to	to	IN
cord-305747-h17l3rt6	248	17	−0.262	−0.262	NNS
cord-305747-h17l3rt6	248	18	p.p	p.p	NNP
cord-305747-h17l3rt6	248	19	.	.	NNP
cord-305747-h17l3rt6	248	20	after	after	IN
cord-305747-h17l3rt6	248	21	4	4	CD
cord-305747-h17l3rt6	248	22	quarters	quarter	NNS
cord-305747-h17l3rt6	248	23	.	.	.
cord-305747-h17l3rt6	249	1	Thus	thus	RB
cord-305747-h17l3rt6	249	2	,	,	,
cord-305747-h17l3rt6	249	3	the	the	DT
cord-305747-h17l3rt6	249	4	response	response	NN
cord-305747-h17l3rt6	249	5	of	of	IN
cord-305747-h17l3rt6	249	6	neighboring	neighboring	NN
cord-305747-h17l3rt6	249	7	countries	country	NNS
cord-305747-h17l3rt6	249	8	is	be	VBZ
cord-305747-h17l3rt6	249	9	much	much	RB
cord-305747-h17l3rt6	249	10	stronger	strong	JJR
cord-305747-h17l3rt6	249	11	and	and	CC
cord-305747-h17l3rt6	249	12	faster	fast	RBR
cord-305747-h17l3rt6	249	13	than	than	IN
cord-305747-h17l3rt6	249	14	the	the	DT
cord-305747-h17l3rt6	249	15	average	average	JJ
cord-305747-h17l3rt6	249	16	response	response	NN
cord-305747-h17l3rt6	249	17	of	of	IN
cord-305747-h17l3rt6	249	18	other	other	JJ
cord-305747-h17l3rt6	249	19	economies	economy	NNS
cord-305747-h17l3rt6	249	20	.	.	.
cord-305747-h17l3rt6	250	1	According	accord	VBG
cord-305747-h17l3rt6	250	2	to	to	IN
cord-305747-h17l3rt6	250	3	our	-PRON-	PRP$
cord-305747-h17l3rt6	250	4	results	result	NNS
cord-305747-h17l3rt6	250	5	from	from	IN
cord-305747-h17l3rt6	250	6	both	both	CC
cord-305747-h17l3rt6	250	7	the	the	DT
cord-305747-h17l3rt6	250	8	GVAR	GVAR	NNP
cord-305747-h17l3rt6	250	9	and	and	CC
cord-305747-h17l3rt6	250	10	the	the	DT
cord-305747-h17l3rt6	250	11	BVAR	BVAR	NNP
cord-305747-h17l3rt6	250	12	models	model	NNS
cord-305747-h17l3rt6	251	1	Chinese	chinese	JJ
cord-305747-h17l3rt6	251	2	Taipei	Taipei	NNP
cord-305747-h17l3rt6	251	3	is	be	VBZ
cord-305747-h17l3rt6	251	4	the	the	DT
cord-305747-h17l3rt6	251	5	most	most	RBS
cord-305747-h17l3rt6	251	6	affected	affect	VBN
cord-305747-h17l3rt6	251	7	economy	economy	NN
cord-305747-h17l3rt6	251	8	by	by	IN
cord-305747-h17l3rt6	251	9	negative	negative	JJ
cord-305747-h17l3rt6	251	10	GDP	gdp	NN
cord-305747-h17l3rt6	251	11	shock	shock	NN
cord-305747-h17l3rt6	251	12	in	in	IN
cord-305747-h17l3rt6	251	13	China	China	NNP
cord-305747-h17l3rt6	251	14	.	.	.
cord-305747-h17l3rt6	252	1	Also	also	RB
cord-305747-h17l3rt6	252	2	Indonesia	Indonesia	NNP
cord-305747-h17l3rt6	252	3	,	,	,
cord-305747-h17l3rt6	252	4	Singapore	Singapore	NNP
cord-305747-h17l3rt6	252	5	,	,	,
cord-305747-h17l3rt6	252	6	Hong	Hong	NNP
cord-305747-h17l3rt6	252	7	Kong	Kong	NNP
cord-305747-h17l3rt6	252	8	,	,	,
cord-305747-h17l3rt6	252	9	Thailand	Thailand	NNP
cord-305747-h17l3rt6	252	10	,	,	,
cord-305747-h17l3rt6	252	11	and	and	CC
cord-305747-h17l3rt6	252	12	Malaysia	Malaysia	NNP
cord-305747-h17l3rt6	252	13	are	be	VBP
cord-305747-h17l3rt6	252	14	strongly	strongly	RB
cord-305747-h17l3rt6	252	15	affected	affect	VBN
cord-305747-h17l3rt6	252	16	.	.	.
cord-305747-h17l3rt6	253	1	Australia	Australia	NNP
cord-305747-h17l3rt6	253	2	seems	seem	VBZ
cord-305747-h17l3rt6	253	3	to	to	TO
cord-305747-h17l3rt6	253	4	be	be	VB
cord-305747-h17l3rt6	253	5	also	also	RB
cord-305747-h17l3rt6	253	6	affected	affect	VBN
cord-305747-h17l3rt6	253	7	but	but	CC
cord-305747-h17l3rt6	253	8	to	to	IN
cord-305747-h17l3rt6	253	9	a	a	DT
cord-305747-h17l3rt6	253	10	lesser	less	JJR
cord-305747-h17l3rt6	253	11	degree	degree	NN
cord-305747-h17l3rt6	253	12	.	.	.
cord-305747-h17l3rt6	254	1	We	-PRON-	PRP
cord-305747-h17l3rt6	254	2	find	find	VBP
cord-305747-h17l3rt6	254	3	a	a	DT
cord-305747-h17l3rt6	254	4	weak	weak	JJ
cord-305747-h17l3rt6	254	5	GDP	GDP	NNP
cord-305747-h17l3rt6	254	6	response	response	NN
cord-305747-h17l3rt6	254	7	to	to	IN
cord-305747-h17l3rt6	254	8	China	China	NNP
cord-305747-h17l3rt6	254	9	GDP	GDP	NNP
cord-305747-h17l3rt6	254	10	shock	shock	NN
cord-305747-h17l3rt6	254	11	for	for	IN
cord-305747-h17l3rt6	254	12	New	New	NNP
cord-305747-h17l3rt6	254	13	Zealand	Zealand	NNP
cord-305747-h17l3rt6	254	14	and	and	CC
cord-305747-h17l3rt6	254	15	the	the	DT
cord-305747-h17l3rt6	254	16	Philippines	Philippines	NNPS
cord-305747-h17l3rt6	254	17	.	.	.
cord-305747-h17l3rt6	255	1	The	the	DT
cord-305747-h17l3rt6	255	2	response	response	NN
cord-305747-h17l3rt6	255	3	of	of	IN
cord-305747-h17l3rt6	255	4	GDP	GDP	NNP
cord-305747-h17l3rt6	255	5	in	in	IN
cord-305747-h17l3rt6	255	6	South	South	NNP
cord-305747-h17l3rt6	255	7	Korea	Korea	NNP
cord-305747-h17l3rt6	255	8	and	and	CC
cord-305747-h17l3rt6	255	9	Japan	Japan	NNP
cord-305747-h17l3rt6	255	10	is	be	VBZ
cord-305747-h17l3rt6	255	11	quite	quite	RB
cord-305747-h17l3rt6	255	12	significant	significant	JJ
cord-305747-h17l3rt6	255	13	,	,	,
cord-305747-h17l3rt6	255	14	but	but	CC
cord-305747-h17l3rt6	255	15	only	only	RB
cord-305747-h17l3rt6	255	16	according	accord	VBG
cord-305747-h17l3rt6	255	17	to	to	IN
cord-305747-h17l3rt6	255	18	the	the	DT
cord-305747-h17l3rt6	255	19	results	result	NNS
cord-305747-h17l3rt6	255	20	from	from	IN
cord-305747-h17l3rt6	255	21	the	the	DT
cord-305747-h17l3rt6	255	22	GVAR	GVAR	NNP
cord-305747-h17l3rt6	255	23	model	model	NN
cord-305747-h17l3rt6	255	24	.	.	.
cord-305747-h17l3rt6	256	1	Thus	thus	RB
cord-305747-h17l3rt6	256	2	,	,	,
cord-305747-h17l3rt6	256	3	our	-PRON-	PRP$
cord-305747-h17l3rt6	256	4	results	result	NNS
cord-305747-h17l3rt6	256	5	suggest	suggest	VBP
cord-305747-h17l3rt6	256	6	that	that	IN
cord-305747-h17l3rt6	256	7	there	there	EX
cord-305747-h17l3rt6	256	8	exist	exist	VBP
cord-305747-h17l3rt6	256	9	strong	strong	JJ
cord-305747-h17l3rt6	256	10	economic	economic	JJ
cord-305747-h17l3rt6	256	11	linkages	linkage	NNS
cord-305747-h17l3rt6	256	12	between	between	IN
cord-305747-h17l3rt6	256	13	the	the	DT
cord-305747-h17l3rt6	256	14	Asian	asian	JJ
cord-305747-h17l3rt6	256	15	economies	economy	NNS
cord-305747-h17l3rt6	256	16	.	.	.
cord-305747-h17l3rt6	257	1	Bussière	Bussière	NNP
cord-305747-h17l3rt6	257	2	et	et	NNP
cord-305747-h17l3rt6	257	3	al	al	NNP
cord-305747-h17l3rt6	257	4	.	.	.
cord-305747-h17l3rt6	258	1	(	(	-LRB-
cord-305747-h17l3rt6	258	2	2012	2012	CD
cord-305747-h17l3rt6	258	3	)	)	-RRB-
cord-305747-h17l3rt6	258	4	,	,	,
cord-305747-h17l3rt6	258	5	for	for	IN
cord-305747-h17l3rt6	258	6	example	example	NN
cord-305747-h17l3rt6	258	7	,	,	,
cord-305747-h17l3rt6	258	8	also	also	RB
cord-305747-h17l3rt6	258	9	confirm	confirm	VB
cord-305747-h17l3rt6	258	10	the	the	DT
cord-305747-h17l3rt6	258	11	presence	presence	NN
cord-305747-h17l3rt6	258	12	of	of	IN
cord-305747-h17l3rt6	258	13	a	a	DT
cord-305747-h17l3rt6	258	14	strong	strong	JJ
cord-305747-h17l3rt6	258	15	Asian	asian	JJ
cord-305747-h17l3rt6	258	16	business	business	NN
cord-305747-h17l3rt6	258	17	cycle	cycle	NN
cord-305747-h17l3rt6	258	18	and	and	CC
cord-305747-h17l3rt6	258	19	an	an	DT
cord-305747-h17l3rt6	258	20	increased	increase	VBN
cord-305747-h17l3rt6	258	21	vertical	vertical	JJ
cord-305747-h17l3rt6	258	22	specialization	specialization	NN
cord-305747-h17l3rt6	258	23	in	in	IN
cord-305747-h17l3rt6	258	24	international	international	JJ
cord-305747-h17l3rt6	258	25	trade	trade	NN
cord-305747-h17l3rt6	258	26	among	among	IN
cord-305747-h17l3rt6	258	27	Asian	asian	JJ
cord-305747-h17l3rt6	258	28	economies	economy	NNS
cord-305747-h17l3rt6	258	29	.	.	.
cord-305747-h17l3rt6	259	1	The	the	DT
cord-305747-h17l3rt6	259	2	results	result	NNS
cord-305747-h17l3rt6	259	3	from	from	IN
cord-305747-h17l3rt6	259	4	the	the	DT
cord-305747-h17l3rt6	259	5	BVAR	BVAR	NNP
cord-305747-h17l3rt6	259	6	models	model	NNS
cord-305747-h17l3rt6	259	7	seem	seem	VBP
cord-305747-h17l3rt6	259	8	to	to	TO
cord-305747-h17l3rt6	259	9	confirm	confirm	VB
cord-305747-h17l3rt6	259	10	the	the	DT
cord-305747-h17l3rt6	259	11	results	result	NNS
cord-305747-h17l3rt6	259	12	from	from	IN
cord-305747-h17l3rt6	259	13	the	the	DT
cord-305747-h17l3rt6	259	14	GVAR	GVAR	NNP
cord-305747-h17l3rt6	259	15	model	model	NN
cord-305747-h17l3rt6	259	16	.	.	.
cord-305747-h17l3rt6	260	1	We	-PRON-	PRP
cord-305747-h17l3rt6	260	2	find	find	VBP
cord-305747-h17l3rt6	260	3	out	out	RP
cord-305747-h17l3rt6	260	4	that	that	IN
cord-305747-h17l3rt6	260	5	there	there	EX
cord-305747-h17l3rt6	260	6	are	be	VBP
cord-305747-h17l3rt6	260	7	statistically	statistically	RB
cord-305747-h17l3rt6	260	8	significant	significant	JJ
cord-305747-h17l3rt6	260	9	differences	difference	NNS
cord-305747-h17l3rt6	260	10	between	between	IN
cord-305747-h17l3rt6	260	11	the	the	DT
cord-305747-h17l3rt6	260	12	IRFs	irfs	NN
cord-305747-h17l3rt6	260	13	in	in	IN
cord-305747-h17l3rt6	260	14	22	22	CD
cord-305747-h17l3rt6	260	15	%	%	NN
cord-305747-h17l3rt6	260	16	of	of	IN
cord-305747-h17l3rt6	260	17	analyzed	analyze	VBN
cord-305747-h17l3rt6	260	18	economies	economy	NNS
cord-305747-h17l3rt6	260	19	,	,	,
cord-305747-h17l3rt6	260	20	but	but	CC
cord-305747-h17l3rt6	260	21	if	if	IN
cord-305747-h17l3rt6	260	22	we	-PRON-	PRP
cord-305747-h17l3rt6	260	23	omit	omit	VBP
cord-305747-h17l3rt6	260	24	the	the	DT
cord-305747-h17l3rt6	260	25	first	first	JJ
cord-305747-h17l3rt6	260	26	quarter	quarter	NN
cord-305747-h17l3rt6	260	27	the	the	DT
cord-305747-h17l3rt6	260	28	differences	difference	NNS
cord-305747-h17l3rt6	260	29	appear	appear	VBP
cord-305747-h17l3rt6	260	30	only	only	RB
cord-305747-h17l3rt6	260	31	in	in	IN
cord-305747-h17l3rt6	260	32	11	11	CD
cord-305747-h17l3rt6	260	33	%	%	NN
cord-305747-h17l3rt6	260	34	of	of	IN
cord-305747-h17l3rt6	260	35	the	the	DT
cord-305747-h17l3rt6	260	36	analyzed	analyze	VBN
cord-305747-h17l3rt6	260	37	economies	economy	NNS
cord-305747-h17l3rt6	260	38	.	.	.
cord-305747-h17l3rt6	261	1	But	but	CC
cord-305747-h17l3rt6	261	2	there	there	EX
cord-305747-h17l3rt6	261	3	are	be	VBP
cord-305747-h17l3rt6	261	4	considerable	considerable	JJ
cord-305747-h17l3rt6	261	5	differences	difference	NNS
cord-305747-h17l3rt6	261	6	between	between	IN
cord-305747-h17l3rt6	261	7	maximum	maximum	JJ
cord-305747-h17l3rt6	261	8	responses	response	NNS
cord-305747-h17l3rt6	261	9	and	and	CC
cord-305747-h17l3rt6	261	10	maximum	maximum	JJ
cord-305747-h17l3rt6	261	11	response	response	NN
cord-305747-h17l3rt6	261	12	horizons	horizon	NNS
cord-305747-h17l3rt6	261	13	across	across	IN
cord-305747-h17l3rt6	261	14	the	the	DT
cord-305747-h17l3rt6	261	15	economies	economy	NNS
cord-305747-h17l3rt6	261	16	between	between	IN
cord-305747-h17l3rt6	261	17	the	the	DT
cord-305747-h17l3rt6	261	18	two	two	CD
cord-305747-h17l3rt6	261	19	types	type	NNS
cord-305747-h17l3rt6	261	20	of	of	IN
cord-305747-h17l3rt6	261	21	models	model	NNS
cord-305747-h17l3rt6	261	22	.	.	.
cord-305747-h17l3rt6	262	1	In	in	IN
cord-305747-h17l3rt6	262	2	the	the	DT
cord-305747-h17l3rt6	262	3	final	final	JJ
cord-305747-h17l3rt6	262	4	step	step	NN
cord-305747-h17l3rt6	262	5	of	of	IN
cord-305747-h17l3rt6	262	6	our	-PRON-	PRP$
cord-305747-h17l3rt6	262	7	analysis	analysis	NN
cord-305747-h17l3rt6	262	8	,	,	,
cord-305747-h17l3rt6	262	9	we	-PRON-	PRP
cord-305747-h17l3rt6	262	10	used	use	VBD
cord-305747-h17l3rt6	262	11	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	262	12	model	model	NN
cord-305747-h17l3rt6	262	13	averaging	average	VBG
cord-305747-h17l3rt6	262	14	in	in	IN
cord-305747-h17l3rt6	262	15	order	order	NN
cord-305747-h17l3rt6	262	16	to	to	TO
cord-305747-h17l3rt6	262	17	check	check	VB
cord-305747-h17l3rt6	262	18	how	how	WRB
cord-305747-h17l3rt6	262	19	structural	structural	JJ
cord-305747-h17l3rt6	262	20	characteristics	characteristic	NNS
cord-305747-h17l3rt6	262	21	may	may	MD
cord-305747-h17l3rt6	262	22	explain	explain	VB
cord-305747-h17l3rt6	262	23	the	the	DT
cord-305747-h17l3rt6	262	24	differences	difference	NNS
cord-305747-h17l3rt6	262	25	in	in	IN
cord-305747-h17l3rt6	262	26	the	the	DT
cord-305747-h17l3rt6	262	27	response	response	NN
cord-305747-h17l3rt6	262	28	of	of	IN
cord-305747-h17l3rt6	262	29	the	the	DT
cord-305747-h17l3rt6	262	30	analyzed	analyze	VBN
cord-305747-h17l3rt6	262	31	economies	economy	NNS
cord-305747-h17l3rt6	262	32	to	to	IN
cord-305747-h17l3rt6	262	33	a	a	DT
cord-305747-h17l3rt6	262	34	negative	negative	JJ
cord-305747-h17l3rt6	262	35	Chinese	chinese	JJ
cord-305747-h17l3rt6	262	36	GDP	gdp	NN
cord-305747-h17l3rt6	262	37	shock	shock	NN
cord-305747-h17l3rt6	262	38	.	.	.
cord-305747-h17l3rt6	263	1	We	-PRON-	PRP
cord-305747-h17l3rt6	263	2	found	find	VBD
cord-305747-h17l3rt6	263	3	that	that	IN
cord-305747-h17l3rt6	263	4	spillovers	spillover	NNS
cord-305747-h17l3rt6	263	5	are	be	VBP
cord-305747-h17l3rt6	263	6	stronger	strong	JJR
cord-305747-h17l3rt6	263	7	to	to	IN
cord-305747-h17l3rt6	263	8	economies	economy	NNS
cord-305747-h17l3rt6	263	9	with	with	IN
cord-305747-h17l3rt6	263	10	less	less	RBR
cord-305747-h17l3rt6	263	11	flexible	flexible	JJ
cord-305747-h17l3rt6	263	12	exchange	exchange	NN
cord-305747-h17l3rt6	263	13	rates	rate	NNS
cord-305747-h17l3rt6	263	14	,	,	,
cord-305747-h17l3rt6	263	15	a	a	DT
cord-305747-h17l3rt6	263	16	higher	high	JJR
cord-305747-h17l3rt6	263	17	share	share	NN
cord-305747-h17l3rt6	263	18	of	of	IN
cord-305747-h17l3rt6	263	19	manufacturing	manufacturing	NN
cord-305747-h17l3rt6	263	20	in	in	IN
cord-305747-h17l3rt6	263	21	GVA	GVA	NNP
cord-305747-h17l3rt6	263	22	and	and	CC
cord-305747-h17l3rt6	263	23	to	to	IN
cord-305747-h17l3rt6	263	24	economies	economy	NNS
cord-305747-h17l3rt6	263	25	which	which	WDT
cord-305747-h17l3rt6	263	26	are	be	VBP
cord-305747-h17l3rt6	263	27	larger	large	JJR
cord-305747-h17l3rt6	263	28	.	.	.
cord-305747-h17l3rt6	264	1	Impacts	impact	NNS
cord-305747-h17l3rt6	264	2	of	of	IN
cord-305747-h17l3rt6	264	3	China	China	NNP
cord-305747-h17l3rt6	264	4	's	's	POS
cord-305747-h17l3rt6	264	5	crash	crash	NN
cord-305747-h17l3rt6	264	6	on	on	IN
cord-305747-h17l3rt6	264	7	Asia	Asia	NNP
cord-305747-h17l3rt6	264	8	-	-	HYPH
cord-305747-h17l3rt6	264	9	Pacific	Pacific	NNP
cord-305747-h17l3rt6	264	10	financial	financial	JJ
cord-305747-h17l3rt6	264	11	integration	integration	NN
cord-305747-h17l3rt6	264	12	:	:	:
cord-305747-h17l3rt6	264	13	Volatility	volatility	NN
cord-305747-h17l3rt6	264	14	interdependence	interdependence	NN
cord-305747-h17l3rt6	264	15	,	,	,
cord-305747-h17l3rt6	264	16	information	information	NN
cord-305747-h17l3rt6	264	17	transmission	transmission	NN
cord-305747-h17l3rt6	264	18	and	and	CC
cord-305747-h17l3rt6	264	19	market	market	NN
cord-305747-h17l3rt6	264	20	co	co	NN
cord-305747-h17l3rt6	264	21	-	-	JJ
cord-305747-h17l3rt6	264	22	movement	movement	JJ
cord-305747-h17l3rt6	264	23	Economic	economic	JJ
cord-305747-h17l3rt6	264	24	spillovers	spillover	NNS
cord-305747-h17l3rt6	264	25	from	from	IN
cord-305747-h17l3rt6	264	26	the	the	DT
cord-305747-h17l3rt6	264	27	euro	euro	NNP
cord-305747-h17l3rt6	264	28	area	area	NN
cord-305747-h17l3rt6	264	29	to	to	IN
cord-305747-h17l3rt6	264	30	the	the	DT
cord-305747-h17l3rt6	264	31	CESEE	CESEE	NNP
cord-305747-h17l3rt6	264	32	region	region	NN
cord-305747-h17l3rt6	264	33	via	via	IN
cord-305747-h17l3rt6	264	34	the	the	DT
cord-305747-h17l3rt6	264	35	financial	financial	JJ
cord-305747-h17l3rt6	264	36	channel	channel	NN
cord-305747-h17l3rt6	264	37	:	:	:
cord-305747-h17l3rt6	265	1	A	a	DT
cord-305747-h17l3rt6	265	2	GVAR	GVAR	NNP
cord-305747-h17l3rt6	265	3	approach	approach	NN
cord-305747-h17l3rt6	266	1	The	the	DT
cord-305747-h17l3rt6	266	2	implications	implication	NNS
cord-305747-h17l3rt6	266	3	of	of	IN
cord-305747-h17l3rt6	266	4	China	China	NNP
cord-305747-h17l3rt6	266	5	's	's	POS
cord-305747-h17l3rt6	266	6	slowdown	slowdown	NN
cord-305747-h17l3rt6	266	7	for	for	IN
cord-305747-h17l3rt6	266	8	international	international	JJ
cord-305747-h17l3rt6	266	9	trade	trade	NN
cord-305747-h17l3rt6	266	10	Modelling	Modelling	NNP
cord-305747-h17l3rt6	266	11	global	global	JJ
cord-305747-h17l3rt6	266	12	trade	trade	NN
cord-305747-h17l3rt6	266	13	flows	flow	NNS
cord-305747-h17l3rt6	266	14	:	:	:
cord-305747-h17l3rt6	266	15	Results	result	NNS
cord-305747-h17l3rt6	266	16	from	from	IN
cord-305747-h17l3rt6	266	17	a	a	DT
cord-305747-h17l3rt6	266	18	GVAR	GVAR	NNP
cord-305747-h17l3rt6	266	19	model	model	NN
cord-305747-h17l3rt6	266	20	,	,	,
cord-305747-h17l3rt6	266	21	Globalization	Globalization	NNP
cord-305747-h17l3rt6	266	22	and	and	CC
cord-305747-h17l3rt6	266	23	Monetary	Monetary	NNP
cord-305747-h17l3rt6	266	24	Policy	Policy	NNP
cord-305747-h17l3rt6	266	25	Institute	Institute	NNP
cord-305747-h17l3rt6	267	1	(	(	-LRB-
cord-305747-h17l3rt6	267	2	Working	Working	NNP
cord-305747-h17l3rt6	267	3	Paper	Paper	NNP
cord-305747-h17l3rt6	267	4	No	no	NN
cord-305747-h17l3rt6	267	5	.	.	NN
cord-305747-h17l3rt6	267	6	119	119	CD
cord-305747-h17l3rt6	267	7	)	)	-RRB-
cord-305747-h17l3rt6	267	8	Chapter	chapter	NN
cord-305747-h17l3rt6	267	9	10	10	CD
cord-305747-h17l3rt6	267	10	:	:	:
cord-305747-h17l3rt6	267	11	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	267	12	VARs	var	NNS
cord-305747-h17l3rt6	267	13	.	.	.
cord-305747-h17l3rt6	268	1	Methods	method	NNS
cord-305747-h17l3rt6	268	2	for	for	IN
cord-305747-h17l3rt6	268	3	applied	apply	VBN
cord-305747-h17l3rt6	268	4	macroeconomic	macroeconomic	JJ
cord-305747-h17l3rt6	268	5	research	research	NN
cord-305747-h17l3rt6	268	6	China	China	NNP
cord-305747-h17l3rt6	268	7	's	's	POS
cord-305747-h17l3rt6	268	8	slowdown	slowdown	NN
cord-305747-h17l3rt6	268	9	and	and	CC
cord-305747-h17l3rt6	268	10	global	global	JJ
cord-305747-h17l3rt6	268	11	financial	financial	JJ
cord-305747-h17l3rt6	268	12	market	market	NN
cord-305747-h17l3rt6	268	13	volatility	volatility	NN
cord-305747-h17l3rt6	268	14	:	:	:
cord-305747-h17l3rt6	268	15	Is	be	VBZ
cord-305747-h17l3rt6	268	16	world	world	NN
cord-305747-h17l3rt6	268	17	growth	growth	NN
cord-305747-h17l3rt6	268	18	losing	lose	VBG
cord-305747-h17l3rt6	268	19	out	out	RP
cord-305747-h17l3rt6	268	20	?	?	.
cord-305747-h17l3rt6	269	1	(	(	-LRB-
cord-305747-h17l3rt6	269	2	IMF	IMF	NNP
cord-305747-h17l3rt6	269	3	Working	Working	NNP
cord-305747-h17l3rt6	269	4	Papers	Papers	NNPS
cord-305747-h17l3rt6	270	1	No	no	UH
cord-305747-h17l3rt6	270	2	.	.	.
cord-305747-h17l3rt6	271	1	16/63	16/63	LS
cord-305747-h17l3rt6	271	2	)	)	-RRB-
cord-305747-h17l3rt6	272	1	What	what	WP
cord-305747-h17l3rt6	272	2	matters	matter	VBZ
cord-305747-h17l3rt6	272	3	for	for	IN
cord-305747-h17l3rt6	272	4	financial	financial	JJ
cord-305747-h17l3rt6	272	5	development	development	NN
cord-305747-h17l3rt6	272	6	?	?	.
cord-305747-h17l3rt6	273	1	Capital	Capital	NNP
cord-305747-h17l3rt6	273	2	Controls	Controls	NNP
cord-305747-h17l3rt6	273	3	,	,	,
cord-305747-h17l3rt6	273	4	Institutions	Institutions	NNPS
cord-305747-h17l3rt6	273	5	,	,	,
cord-305747-h17l3rt6	273	6	and	and	CC
cord-305747-h17l3rt6	273	7	Interactions	Interactions	NNPS
cord-305747-h17l3rt6	273	8	Exploring	explore	VBG
cord-305747-h17l3rt6	273	9	the	the	DT
cord-305747-h17l3rt6	273	10	international	international	JJ
cord-305747-h17l3rt6	273	11	linkages	linkage	NNS
cord-305747-h17l3rt6	273	12	of	of	IN
cord-305747-h17l3rt6	273	13	the	the	DT
cord-305747-h17l3rt6	273	14	euro	euro	NNP
cord-305747-h17l3rt6	273	15	area	area	NN
cord-305747-h17l3rt6	273	16	:	:	:
cord-305747-h17l3rt6	274	1	A	a	DT
cord-305747-h17l3rt6	274	2	global	global	JJ
cord-305747-h17l3rt6	274	3	VAR	var	NN
cord-305747-h17l3rt6	274	4	analysis	analysis	NN
cord-305747-h17l3rt6	274	5	Long	long	RB
cord-305747-h17l3rt6	274	6	run	run	VBP
cord-305747-h17l3rt6	274	7	macroeconomic	macroeconomic	JJ
cord-305747-h17l3rt6	274	8	relations	relation	NNS
cord-305747-h17l3rt6	274	9	in	in	IN
cord-305747-h17l3rt6	274	10	the	the	DT
cord-305747-h17l3rt6	274	11	global	global	JJ
cord-305747-h17l3rt6	274	12	economy	economy	NN
cord-305747-h17l3rt6	275	1	The	the	DT
cord-305747-h17l3rt6	275	2	transition	transition	NN
cord-305747-h17l3rt6	275	3	of	of	IN
cord-305747-h17l3rt6	275	4	China	China	NNP
cord-305747-h17l3rt6	275	5	to	to	IN
cord-305747-h17l3rt6	275	6	sustainable	sustainable	JJ
cord-305747-h17l3rt6	275	7	growth	growth	NN
cord-305747-h17l3rt6	275	8	-	-	HYPH
cord-305747-h17l3rt6	275	9	Implications	implication	NNS
cord-305747-h17l3rt6	275	10	for	for	IN
cord-305747-h17l3rt6	275	11	the	the	DT
cord-305747-h17l3rt6	275	12	global	global	JJ
cord-305747-h17l3rt6	275	13	economy	economy	NN
cord-305747-h17l3rt6	275	14	and	and	CC
cord-305747-h17l3rt6	275	15	the	the	DT
cord-305747-h17l3rt6	275	16	euro	euro	NNP
cord-305747-h17l3rt6	275	17	area	area	NN
cord-305747-h17l3rt6	276	1	The	the	DT
cord-305747-h17l3rt6	276	2	BEAR	BEAR	NNP
cord-305747-h17l3rt6	276	3	toolbox	toolbox	NN
cord-305747-h17l3rt6	277	1	Examining	examine	VBG
cord-305747-h17l3rt6	277	2	asymmetries	asymmetry	NNS
cord-305747-h17l3rt6	277	3	in	in	IN
cord-305747-h17l3rt6	277	4	the	the	DT
cord-305747-h17l3rt6	277	5	transmission	transmission	NN
cord-305747-h17l3rt6	277	6	of	of	IN
cord-305747-h17l3rt6	277	7	monetary	monetary	JJ
cord-305747-h17l3rt6	277	8	policy	policy	NN
cord-305747-h17l3rt6	277	9	in	in	IN
cord-305747-h17l3rt6	277	10	the	the	DT
cord-305747-h17l3rt6	277	11	euro	euro	NNP
cord-305747-h17l3rt6	277	12	area	area	NN
cord-305747-h17l3rt6	277	13	:	:	:
cord-305747-h17l3rt6	277	14	Evidence	evidence	NN
cord-305747-h17l3rt6	277	15	from	from	IN
cord-305747-h17l3rt6	277	16	a	a	DT
cord-305747-h17l3rt6	277	17	mixed	mixed	JJ
cord-305747-h17l3rt6	277	18	cross	cross	NN
cord-305747-h17l3rt6	277	19	-	-	JJ
cord-305747-h17l3rt6	277	20	section	section	JJ
cord-305747-h17l3rt6	277	21	global	global	JJ
cord-305747-h17l3rt6	277	22	VAR	var	NN
cord-305747-h17l3rt6	277	23	model	model	NN
cord-305747-h17l3rt6	277	24	Determinants	determinant	NNS
cord-305747-h17l3rt6	277	25	of	of	IN
cord-305747-h17l3rt6	277	26	global	global	JJ
cord-305747-h17l3rt6	277	27	spillovers	spillover	NNS
cord-305747-h17l3rt6	277	28	from	from	IN
cord-305747-h17l3rt6	277	29	US	US	NNP
cord-305747-h17l3rt6	277	30	monetary	monetary	JJ
cord-305747-h17l3rt6	277	31	policy	policy	NN
cord-305747-h17l3rt6	277	32	Transmission	transmission	NN
cord-305747-h17l3rt6	277	33	lags	lag	NNS
cord-305747-h17l3rt6	277	34	of	of	IN
cord-305747-h17l3rt6	277	35	monetary	monetary	JJ
cord-305747-h17l3rt6	277	36	policy	policy	NN
cord-305747-h17l3rt6	277	37	:	:	:
cord-305747-h17l3rt6	277	38	A	a	DT
cord-305747-h17l3rt6	277	39	meta	meta	NN
cord-305747-h17l3rt6	277	40	-	-	HYPH
cord-305747-h17l3rt6	277	41	analysis	analysis	NN
cord-305747-h17l3rt6	277	42	The	the	DT
cord-305747-h17l3rt6	277	43	impact	impact	NN
cord-305747-h17l3rt6	277	44	of	of	IN
cord-305747-h17l3rt6	277	45	China	China	NNP
cord-305747-h17l3rt6	277	46	's	's	POS
cord-305747-h17l3rt6	277	47	slowdown	slowdown	NN
cord-305747-h17l3rt6	277	48	on	on	IN
cord-305747-h17l3rt6	277	49	the	the	DT
cord-305747-h17l3rt6	277	50	Asia	Asia	NNP
cord-305747-h17l3rt6	277	51	Pacific	Pacific	NNP
cord-305747-h17l3rt6	277	52	region	region	NN
cord-305747-h17l3rt6	277	53	:	:	:
cord-305747-h17l3rt6	277	54	An	an	DT
cord-305747-h17l3rt6	277	55	application	application	NN
cord-305747-h17l3rt6	277	56	of	of	IN
cord-305747-h17l3rt6	277	57	the	the	DT
cord-305747-h17l3rt6	277	58	GVAR	GVAR	NNP
cord-305747-h17l3rt6	277	59	model	model	NN
cord-305747-h17l3rt6	278	1	The	the	DT
cord-305747-h17l3rt6	278	2	Dynamics	Dynamics	NNPS
cord-305747-h17l3rt6	278	3	of	of	IN
cord-305747-h17l3rt6	278	4	exchange	exchange	NN
cord-305747-h17l3rt6	278	5	rate	rate	NN
cord-305747-h17l3rt6	278	6	regimes	regime	NNS
cord-305747-h17l3rt6	278	7	:	:	:
cord-305747-h17l3rt6	278	8	fixes	fix	NNS
cord-305747-h17l3rt6	278	9	,	,	,
cord-305747-h17l3rt6	278	10	floats	float	NNS
cord-305747-h17l3rt6	278	11	,	,	,
cord-305747-h17l3rt6	278	12	and	and	CC
cord-305747-h17l3rt6	278	13	flips	flip	VBZ
cord-305747-h17l3rt6	278	14	Impulse	Impulse	NNP
cord-305747-h17l3rt6	278	15	response	response	NN
cord-305747-h17l3rt6	278	16	analysis	analysis	NN
cord-305747-h17l3rt6	278	17	in	in	IN
cord-305747-h17l3rt6	278	18	nonlinear	nonlinear	JJ
cord-305747-h17l3rt6	278	19	multivariate	multivariate	JJ
cord-305747-h17l3rt6	278	20	models	model	NNS
cord-305747-h17l3rt6	278	21	Inflation	inflation	NN
cord-305747-h17l3rt6	278	22	dynamics	dynamic	NNS
cord-305747-h17l3rt6	278	23	in	in	IN
cord-305747-h17l3rt6	278	24	Asia	Asia	NNP
cord-305747-h17l3rt6	278	25	:	:	:
cord-305747-h17l3rt6	278	26	Causes	cause	NNS
cord-305747-h17l3rt6	278	27	,	,	,
cord-305747-h17l3rt6	278	28	changes	change	NNS
cord-305747-h17l3rt6	278	29	,	,	,
cord-305747-h17l3rt6	278	30	and	and	CC
cord-305747-h17l3rt6	278	31	spillovers	spillover	NNS
cord-305747-h17l3rt6	278	32	from	from	IN
cord-305747-h17l3rt6	278	33	China	China	NNP
cord-305747-h17l3rt6	279	1	The	the	DT
cord-305747-h17l3rt6	279	2	monetary	monetary	JJ
cord-305747-h17l3rt6	279	3	transmission	transmission	NN
cord-305747-h17l3rt6	279	4	mechanism	mechanism	NN
cord-305747-h17l3rt6	279	5	in	in	IN
cord-305747-h17l3rt6	279	6	the	the	DT
cord-305747-h17l3rt6	279	7	euro	euro	NNP
cord-305747-h17l3rt6	279	8	area	area	NN
cord-305747-h17l3rt6	279	9	:	:	:
cord-305747-h17l3rt6	280	1	More	More	JJR
cord-305747-h17l3rt6	280	2	evidence	evidence	NN
cord-305747-h17l3rt6	280	3	from	from	IN
cord-305747-h17l3rt6	280	4	VAR	var	NN
cord-305747-h17l3rt6	280	5	analysis	analysis	NN
cord-305747-h17l3rt6	280	6	Modeling	model	VBG
cord-305747-h17l3rt6	280	7	regional	regional	JJ
cord-305747-h17l3rt6	280	8	interdependencies	interdependency	NNS
cord-305747-h17l3rt6	280	9	using	use	VBG
cord-305747-h17l3rt6	280	10	a	a	DT
cord-305747-h17l3rt6	280	11	global	global	JJ
cord-305747-h17l3rt6	280	12	error	error	NN
cord-305747-h17l3rt6	280	13	-	-	HYPH
cord-305747-h17l3rt6	280	14	correcting	correct	VBG
cord-305747-h17l3rt6	280	15	macroeconometric	macroeconometric	JJ
cord-305747-h17l3rt6	280	16	model	model	NN
cord-305747-h17l3rt6	280	17	Generalized	generalized	JJ
cord-305747-h17l3rt6	280	18	impulse	impulse	NN
cord-305747-h17l3rt6	280	19	response	response	NN
cord-305747-h17l3rt6	280	20	analysis	analysis	NN
cord-305747-h17l3rt6	280	21	in	in	IN
cord-305747-h17l3rt6	280	22	linear	linear	JJ
cord-305747-h17l3rt6	280	23	multivariate	multivariate	JJ
cord-305747-h17l3rt6	280	24	models	model	NNS
cord-305747-h17l3rt6	280	25	BMA	BMA	NNP
cord-305747-h17l3rt6	280	26	:	:	:
cord-305747-h17l3rt6	280	27	An	an	DT
cord-305747-h17l3rt6	280	28	R	r	NN
cord-305747-h17l3rt6	280	29	package	package	NN
cord-305747-h17l3rt6	280	30	for	for	IN
cord-305747-h17l3rt6	280	31	Bayesian	bayesian	JJ
cord-305747-h17l3rt6	280	32	model	model	NN
cord-305747-h17l3rt6	280	33	averaging	average	VBG
cord-305747-h17l3rt6	280	34	GVAR	GVAR	NNP
cord-305747-h17l3rt6	280	35	Toolbox	Toolbox	NNP
cord-305747-h17l3rt6	280	36	2.0	2.0	CD
cord-305747-h17l3rt6	280	37	.	.	.
cord-305747-h17l3rt6	281	1	Cambridge	Cambridge	NNP
cord-305747-h17l3rt6	281	2	:	:	:
cord-305747-h17l3rt6	281	3	University	University	NNP
cord-305747-h17l3rt6	281	4	of	of	IN
cord-305747-h17l3rt6	281	5	Cambridge	Cambridge	NNP
cord-305747-h17l3rt6	282	1	The	the	DT
cord-305747-h17l3rt6	282	2	role	role	NN
cord-305747-h17l3rt6	282	3	of	of	IN
cord-305747-h17l3rt6	282	4	China	China	NNP
cord-305747-h17l3rt6	282	5	in	in	IN
cord-305747-h17l3rt6	282	6	the	the	DT
cord-305747-h17l3rt6	282	7	world	world	NN
cord-305747-h17l3rt6	282	8	economy	economy	NN
cord-305747-h17l3rt6	282	9	:	:	:
cord-305747-h17l3rt6	282	10	Evidence	evidence	NN
cord-305747-h17l3rt6	282	11	from	from	IN
cord-305747-h17l3rt6	282	12	a	a	DT
cord-305747-h17l3rt6	282	13	global	global	JJ
cord-305747-h17l3rt6	282	14	VAR	var	NN
cord-305747-h17l3rt6	282	15	model	model	NN
cord-305747-h17l3rt6	283	1	The	the	DT
cord-305747-h17l3rt6	283	2	data	datum	NNS
cord-305747-h17l3rt6	283	3	that	that	WDT
cord-305747-h17l3rt6	283	4	support	support	VBP
cord-305747-h17l3rt6	283	5	the	the	DT
cord-305747-h17l3rt6	283	6	findings	finding	NNS
cord-305747-h17l3rt6	283	7	of	of	IN
cord-305747-h17l3rt6	283	8	this	this	DT
cord-305747-h17l3rt6	283	9	study	study	NN
cord-305747-h17l3rt6	283	10	are	be	VBP
cord-305747-h17l3rt6	283	11	openly	openly	RB
cord-305747-h17l3rt6	283	12	available	available	JJ
cord-305747-h17l3rt6	283	13	in	in	IN
cord-305747-h17l3rt6	283	14	Mendeley	Mendeley	NNP
cord-305747-h17l3rt6	283	15	at	at	IN
cord-305747-h17l3rt6	283	16	https://data.mende	https://data.mende	NNP
cord-305747-h17l3rt6	283	17	ley.com/datas	ley.com/datas	CD
cord-305747-h17l3rt6	283	18	ets	ets	NNP
cord-305747-h17l3rt6	283	19	/	/	SYM
cord-305747-h17l3rt6	283	20	jr8n8	jr8n8	NNP
cord-305747-h17l3rt6	283	21	hnrw9	hnrw9	NNP
cord-305747-h17l3rt6	283	22	/draft	/draft	.
cord-305747-h17l3rt6	283	23	?	?	.
cord-305747-h17l3rt6	284	1	a=9fecc	a=9fecc	LS
cord-305747-h17l3rt6	284	2	a2f-5853	a2f-5853	CD
cord-305747-h17l3rt6	284	3	-	-	CD
cord-305747-h17l3rt6	284	4	4058	4058	CD
cord-305747-h17l3rt6	284	5	-	-	HYPH
cord-305747-h17l3rt6	284	6	9117	9117	CD
cord-305747-h17l3rt6	285	1	-2e1d2	-2e1d2	NNP
cord-305747-h17l3rt6	286	1	3f744d3	3f744d3	LS
cord-305747-h17l3rt6	286	2	.	.	.
cord-305747-h17l3rt6	287	1	https://orcid.org/0000-0002-5604-1229	https://orcid.org/0000-0002-5604-1229	.
cord-305747-h17l3rt6	288	1	ENDNOTES	ENDNOTES	NNP
cord-305747-h17l3rt6	288	2	1	1	CD
cord-305747-h17l3rt6	288	3	Investment	Investment	NNP
cord-305747-h17l3rt6	288	4	slowed	slow	VBD
cord-305747-h17l3rt6	288	5	from	from	IN
cord-305747-h17l3rt6	288	6	over	over	IN
cord-305747-h17l3rt6	288	7	17	17	CD
cord-305747-h17l3rt6	288	8	%	%	NN
cord-305747-h17l3rt6	288	9	in	in	IN
cord-305747-h17l3rt6	288	10	2000	2000	CD
cord-305747-h17l3rt6	288	11	(	(	-LRB-
cord-305747-h17l3rt6	288	12	12	12	CD
cord-305747-h17l3rt6	288	13	)	)	-RRB-
cord-305747-h17l3rt6	288	14	to	to	IN
cord-305747-h17l3rt6	288	15	3	3	CD
cord-305747-h17l3rt6	288	16	%	%	NN
cord-305747-h17l3rt6	288	17	in	in	IN
cord-305747-h17l3rt6	288	18	2015	2015	CD
cord-305747-h17l3rt6	288	19	,	,	,
cord-305747-h17l3rt6	288	20	while	while	IN
cord-305747-h17l3rt6	288	21	private	private	JJ
cord-305747-h17l3rt6	288	22	consumption	consumption	NN
cord-305747-h17l3rt6	288	23	slowed	slow	VBD
cord-305747-h17l3rt6	288	24	from	from	IN
cord-305747-h17l3rt6	288	25	13	13	CD
cord-305747-h17l3rt6	288	26	%	%	NN
cord-305747-h17l3rt6	288	27	in	in	IN
cord-305747-h17l3rt6	288	28	2000(12	2000(12	CD
cord-305747-h17l3rt6	288	29	)	)	-RRB-
cord-305747-h17l3rt6	288	30	to	to	IN
cord-305747-h17l3rt6	288	31	9	9	CD
cord-305747-h17l3rt6	288	32	%	%	NN
cord-305747-h17l3rt6	288	33	in	in	IN
cord-305747-h17l3rt6	288	34	2015	2015	CD
cord-305747-h17l3rt6	288	35	.	.	.
cord-305747-h17l3rt6	289	1	2	2	CD
cord-305747-h17l3rt6	289	2	China	China	NNP
cord-305747-h17l3rt6	289	3	consumed	consume	VBD
cord-305747-h17l3rt6	289	4	about	about	RB
cord-305747-h17l3rt6	289	5	50	50	CD
cord-305747-h17l3rt6	289	6	%	%	NN
cord-305747-h17l3rt6	289	7	of	of	IN
cord-305747-h17l3rt6	289	8	copper	copper	NN
cord-305747-h17l3rt6	289	9	and	and	CC
cord-305747-h17l3rt6	289	10	aluminium	aluminium	NN
cord-305747-h17l3rt6	289	11	(	(	-LRB-
cord-305747-h17l3rt6	289	12	2016	2016	CD
cord-305747-h17l3rt6	289	13	)	)	-RRB-
cord-305747-h17l3rt6	289	14	,	,	,
cord-305747-h17l3rt6	289	15	60	60	CD
cord-305747-h17l3rt6	289	16	%	%	NN
cord-305747-h17l3rt6	289	17	of	of	IN
cord-305747-h17l3rt6	289	18	iron	iron	NN
cord-305747-h17l3rt6	289	19	ore	ore	NN
cord-305747-h17l3rt6	289	20	,	,	,
cord-305747-h17l3rt6	289	21	and	and	CC
cord-305747-h17l3rt6	289	22	12	12	CD
cord-305747-h17l3rt6	289	23	%	%	NN
cord-305747-h17l3rt6	289	24	of	of	IN
cord-305747-h17l3rt6	289	25	oil	oil	NN
cord-305747-h17l3rt6	289	26	(	(	-LRB-
cord-305747-h17l3rt6	289	27	2015	2015	CD
cord-305747-h17l3rt6	289	28	)	)	-RRB-
cord-305747-h17l3rt6	289	29	,	,	,
cord-305747-h17l3rt6	289	30	produced	produce	VBN
cord-305747-h17l3rt6	289	31	globally	globally	RB
cord-305747-h17l3rt6	289	32	.	.	.
cord-305747-h17l3rt6	290	1	SZNAJDERSKA	SZNAJDERSKA	NNP
cord-305747-h17l3rt6	290	2	AND	and	CC
cord-305747-h17l3rt6	290	3	KAPUŚCIŃSKI	KAPUŚCIŃSKI	NNP
cord-305747-h17l3rt6	290	4	3	3	CD
cord-305747-h17l3rt6	291	1	It	-PRON-	PRP
cord-305747-h17l3rt6	291	2	appears	appear	VBZ
cord-305747-h17l3rt6	291	3	that	that	IN
cord-305747-h17l3rt6	291	4	the	the	DT
cord-305747-h17l3rt6	291	5	level	level	NN
cord-305747-h17l3rt6	291	6	of	of	IN
cord-305747-h17l3rt6	291	7	inflation	inflation	NN
cord-305747-h17l3rt6	291	8	is	be	VBZ
cord-305747-h17l3rt6	291	9	most	most	RBS
cord-305747-h17l3rt6	291	10	strongly	strongly	RB
cord-305747-h17l3rt6	291	11	affected	affect	VBN
cord-305747-h17l3rt6	291	12	in	in	IN
cord-305747-h17l3rt6	291	13	Indonesia	Indonesia	NNP
cord-305747-h17l3rt6	291	14	and	and	CC
cord-305747-h17l3rt6	291	15	next	next	JJ
cord-305747-h17l3rt6	291	16	in	in	IN
cord-305747-h17l3rt6	291	17	Malaysia	Malaysia	NNP
cord-305747-h17l3rt6	291	18	,	,	,
cord-305747-h17l3rt6	291	19	India	India	NNP
cord-305747-h17l3rt6	291	20	,	,	,
cord-305747-h17l3rt6	291	21	Philippines	Philippines	NNP
cord-305747-h17l3rt6	291	22	,	,	,
cord-305747-h17l3rt6	291	23	Thailand	Thailand	NNP
cord-305747-h17l3rt6	291	24	,	,	,
cord-305747-h17l3rt6	291	25	Singapore	Singapore	NNP
cord-305747-h17l3rt6	291	26	,	,	,
cord-305747-h17l3rt6	291	27	and	and	CC
cord-305747-h17l3rt6	291	28	Korea	Korea	NNP
cord-305747-h17l3rt6	291	29	.	.	.
cord-305747-h17l3rt6	292	1	While	while	IN
cord-305747-h17l3rt6	292	2	Hong	Hong	NNP
cord-305747-h17l3rt6	292	3	Kong	Kong	NNP
cord-305747-h17l3rt6	292	4	,	,	,
cord-305747-h17l3rt6	292	5	New	New	NNP
cord-305747-h17l3rt6	292	6	Zealand	Zealand	NNP
cord-305747-h17l3rt6	292	7	,	,	,
cord-305747-h17l3rt6	292	8	Australia	Australia	NNP
cord-305747-h17l3rt6	292	9	,	,	,
cord-305747-h17l3rt6	292	10	and	and	CC
cord-305747-h17l3rt6	292	11	Japan	Japan	NNP
cord-305747-h17l3rt6	292	12	are	be	VBP
cord-305747-h17l3rt6	292	13	less	less	RBR
cord-305747-h17l3rt6	292	14	affected	affected	JJ
cord-305747-h17l3rt6	292	15	.	.	.
cord-305747-h17l3rt6	292	16	 	 	_SP