Demand elasticities of Bitcoin and Ethereum

【Author】 Jalan, Akanksha; Matkovskyy, Roman; Urquhart, Andrew

【Source】ECONOMICS LETTERS

【影响因子】1.469

【Abstract】In this paper we analyze dynamic demand elasticity for Bitcoin and Ethereum in terms of price, transaction fees, and energy usage. We find that while both BTC and ETH have significantly positive price elasticities, transaction fee elasticity is negative and positive for BTC and ETH respectively, indicating differences in potential uses for these cryptocurrencies.(c) 2022 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).

【Keywords】Bitcoin; Ethereum; Cryptocurrency; Elasticity; Demand

【发表时间】2022 NOV

【收录时间】2022-11-14

【文献类型】实证数据

【主题类别】

区块链治理-市场治理-市场分析